Embed Size (px)
Citation preview
August 2012 183
GDP and Other Major NIPA Series 1929ndash2012II
These historical series from the national income and product accounts (NIPAs) have been updated to presshyent revised estimates from the 2012 annual revision and the advance estimates for the second quarter of 2012
Table 1 presents current-dollar estimates of gross domestic product (GDP) and its components Table 2A presents estimates of real GDP and its components
in chained dollars Table 2B shows chain-type quantity indexes for real GDP and its components Table 3 presshyents price indexes Table 4 presents national income and personal income and its disposition Table 5 presshyents corporate profits before and after tax net divishydends and undistributed profits
The estimates are available on BEArsquos Web site at wwwbeagov
Table 1 Gross Domestic ProductmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Net exports of
goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Percent change from preceding
period
Fixed investment
Change in
private invenshytories
Net Exports Imports Total Federal State and local
Gross domestic product
Final sales of
domestic product
Nonresidential
Resishydential
Total Goods Services Total Total
Total Strucshytures
Equipshyment and
software
1929 1036 774 438 336 165 149 110 55 55 40 15 04 59 56 94 17 76 1021 1044 1930 912 701 382 320 108 110 86 44 42 24 ndash02 03 44 41 100 18 82 914 919 ndash120 ndash104 1931 765 607 317 290 59 70 53 26 26 18 ndash11 00 29 29 99 19 80 776 770 ndash161 ndash151 1932 587 487 241 246 13 36 29 14 15 08 ndash24 00 20 19 87 18 69 611 591 ndash232 ndash213 1933 564 459 238 222 17 31 25 11 14 06 ndash14 01 20 19 87 23 64 578 567 ndash39 ndash53 1934 660 515 285 230 37 43 33 12 21 09 ndash06 03 26 22 105 33 72 666 663 170 151 1935 733 559 316 243 67 56 43 14 28 13 11 ndash02 28 30 109 34 75 722 736 111 84 1936 838 622 360 262 86 75 58 19 39 17 12 ndash01 30 32 131 56 75 826 840 143 145 1937 919 668 384 285 122 95 75 27 48 21 26 01 40 40 128 51 77 892 922 97 80 1938 861 643 360 283 71 77 55 21 34 21 ndash06 10 38 28 138 57 81 867 865 ndash63 ndash28 1939 922 672 379 293 93 91 61 22 39 30 02 08 40 31 148 60 88 920 925 70 61 1940 1014 713 406 307 136 112 77 26 52 35 24 15 49 34 150 65 86 990 1017 100 77 1941 1267 811 474 336 181 138 97 33 64 41 43 10 55 44 265 180 86 1224 1272 250 236 1942 1619 890 510 380 104 85 63 22 41 22 19 ndash03 44 46 627 541 86 1600 1623 277 307 1943 1986 999 563 436 61 69 54 18 37 14 ndash07 ndash22 40 63 948 865 84 1994 1989 227 246 1944 2198 1087 605 481 78 87 74 24 50 14 ndash09 ndash20 49 69 1053 969 84 2207 2201 107 107 1945 2230 1200 676 524 108 123 106 33 73 17 ndash15 ndash08 68 75 930 840 90 2245 2233 15 17 1946 2222 1443 862 581 311 251 173 74 99 78 60 72 142 70 396 288 108 2162 2229 ndash04 ndash37 1947 2441 1620 994 626 350 355 235 81 153 121 ndash06 108 187 79 363 226 137 2446 2452 98 131 1948 2691 1750 1074 676 481 424 268 95 173 156 57 55 155 101 405 242 163 2635 2706 103 77 1949 2672 1785 1081 704 369 396 249 92 157 146 ndash27 52 145 92 466 276 190 2699 2685 ndash07 25 1950 2937 1922 1168 754 541 483 278 100 178 205 58 07 124 116 467 260 207 2880 2952 99 67 1951 3393 2085 1248 838 602 503 318 120 199 184 99 25 171 146 681 450 230 3294 3412 155 144 1952 3583 2195 1288 907 540 505 319 122 197 186 35 12 165 153 836 591 244 3548 3603 56 77 1953 3793 2331 1348 982 564 545 351 136 215 194 19 ndash07 153 160 905 644 261 3774 3812 59 64 1954 3804 2400 1358 1042 538 558 347 139 208 211 ndash19 04 158 154 861 572 289 3823 3824 03 13 1955 4147 2588 1474 1114 690 640 390 152 239 250 50 05 177 172 864 549 316 4097 4172 90 72 1956 4374 2717 1522 1195 720 681 445 182 263 236 40 24 213 189 914 567 347 4335 4402 55 58 1957 4611 2869 1596 1273 705 697 475 190 286 222 08 41 240 199 997 613 383 4603 4641 54 62 1958 4672 2962 1616 1346 645 649 425 176 249 223 ndash04 05 206 200 1060 638 422 4675 4698 13 16 1959 5066 3177 1726 1451 785 746 465 181 284 281 39 04 227 223 1100 653 447 5027 5094 84 75 1960 5264 3318 1770 1548 789 757 494 196 298 263 32 42 270 228 1115 641 475 5232 5296 39 41 1961 5448 3422 1788 1634 782 752 488 197 291 264 30 49 276 227 1195 679 516 5418 5483 35 36 1962 5857 3633 1890 1744 881 820 531 208 323 290 61 41 291 250 1301 752 549 5796 5897 75 70 1963 6178 3827 1982 1846 938 881 560 212 348 321 56 49 311 261 1364 769 595 6121 6222 55 56 1964 6636 4115 2123 1992 1021 972 630 237 392 343 48 69 350 281 1432 784 648 6588 6686 74 76 1965 7191 4438 2297 2141 1182 1090 748 283 465 342 92 56 371 315 1514 804 710 7099 7244 84 77 1966 7877 4809 2496 2313 1313 1177 854 313 540 323 136 39 409 371 1716 924 792 7741 7928 95 90 1967 8324 5078 2590 2488 1286 1187 864 315 549 324 99 36 435 399 1925 1046 879 8226 8378 57 63 1968 9098 5580 2846 2734 1412 1321 934 336 599 387 91 14 479 466 2093 1113 980 9008 9159 93 95 1969 9844 6051 3047 3004 1564 1473 1047 377 670 426 92 14 519 505 2214 1133 1082 9753 9905 82 83 1970 10383 6483 3188 3295 1524 1504 1090 403 687 414 20 40 597 558 2337 1134 1203 10363 10447 55 63 1971 11268 7016 3421 3595 1782 1699 1141 427 715 558 83 06 630 623 2464 1136 1328 11186 11344 85 79 1972 12379 7702 3738 3964 2076 1985 1288 472 817 697 91 ndash34 708 742 2634 1196 1438 12288 12464 99 99 1973 13823 8520 4166 4354 2445 2286 1533 550 983 753 159 41 953 912 2817 1225 1592 13664 13949 117 112 1974 14995 9329 4515 4814 2494 2354 1695 612 1082 660 140 ndash08 1267 1275 3179 1345 1834 14855 15150 85 87 1975 16377 10338 4913 5425 2302 2365 1737 614 1124 627 ndash63 160 1387 1227 3577 1490 2087 16440 16507 92 107 1976 18246 11513 5463 6049 2920 2748 1924 659 1264 825 171 ndash16 1495 1511 3830 1597 2233 18075 18414 114 99 1977 20301 12778 6004 6774 3613 3390 2287 746 1541 1103 223 ndash231 1594 1824 4141 1754 2387 20078 20504 113 111 1978 22938 14276 6636 7641 4380 4122 2806 936 1870 1316 258 ndash254 1869 2123 4536 1909 2627 22680 23153 130 130 1979 25622 15912 7379 8532 4929 4749 3339 1177 2162 1410 180 ndash225 2301 2527 5007 2106 2902 25442 25942 117 122
184 GDP and Other Major NIPA Series August 2012
Table 1 Gross Domestic ProductmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Net exports of
goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Percent change from preceding
period
Total Goods Services Total
Fixed investment
Change in
private invenshytories
Net Exports Imports Total Federal State and local
Gross domestic product
Final sales of
domestic product Total
Nonresidential
Resishydential Total Strucshy
tures
Equipshyment and
software
1980 27881 17558 7998 9560 4793 4856 3624 1362 2262 1232 ndash63 ndash131 2808 2938 5661 2437 3224 27945 28223 88 98 1981 31268 19395 8694 10701 5724 5426 4200 1673 2527 1226 298 ndash125 3052 3178 6275 2802 3473 30970 31598 121 108 1982 32532 20755 8993 11762 5172 5321 4265 1776 2489 1057 ndash149 ndash200 2832 3032 6804 3108 3697 32681 32897 40 55 1983 35346 22886 9738 13148 5643 5701 4172 1543 2629 1529 ndash58 ndash517 2770 3286 7334 3429 3905 35404 35717 87 83 1984 39309 25011 10637 14374 7356 6702 4896 1774 3122 1806 654 ndash1027 3024 4051 7969 3743 4226 38655 39672 112 92 1985 42175 27176 11376 15800 7362 7144 5262 1945 3317 1882 218 ndash1152 3020 4172 8789 4128 4661 41956 42440 73 85 1986 44601 28967 11956 17011 7465 7399 5198 1765 3433 2201 66 ndash1325 3203 4529 9493 4384 5109 44535 44777 58 61 1987 47364 30970 12563 18407 7850 7578 5241 1742 3499 2337 271 ndash1450 3638 5087 9994 4595 5399 47092 47540 62 57 1988 51004 33501 13373 20127 8216 8031 5638 1828 3810 2393 185 ndash1101 4439 5540 10389 4616 5773 50819 51238 77 79 1989 54821 35945 14238 21707 8749 8473 6077 1937 4140 2395 277 ndash879 5031 5910 11006 4814 6192 54545 55081 75 73 1990 58005 38355 14913 23442 8610 8464 6224 2029 4195 2240 145 ndash776 5521 6297 11817 5075 6742 57860 58350 58 61 1991 59921 39801 14974 24826 8029 8033 5982 1836 4146 2051 ndash04 ndash270 5966 6235 12361 5266 7095 59925 60220 33 36 1992 63423 42369 15633 26736 8648 8485 6121 1726 4396 2363 163 ndash328 6350 6678 12735 5329 7406 63260 63714 58 56 1993 66674 44836 16423 28412 9533 9325 6666 1772 4894 2660 208 ndash644 6556 7200 12948 5250 7698 66465 66985 51 51 1994 70852 47508 17466 30043 10973 10335 7314 1868 5446 3021 638 ndash927 7207 8134 13298 5186 8112 70214 71092 63 56 1995 74147 49873 18155 31717 11440 11129 8100 2073 6028 3029 312 ndash907 8119 9026 13740 5188 8553 73835 74443 47 52 1996 78385 52736 19177 33559 12402 12094 8754 2246 6508 3341 308 ndash963 8677 9640 14210 5270 8940 78077 78701 57 57 1997 83324 55706 20068 35639 13887 13177 9686 2503 7183 3491 710 ndash1014 9544 10558 14744 5310 9435 82614 83558 63 58 1998 87935 59185 21100 38085 15108 14471 10611 2751 7860 3859 637 ndash1618 9539 11157 15261 5310 9950 87298 88108 55 57 1999 93535 63428 22900 40528 16415 15807 11549 2839 8710 4258 608 ndash2621 9893 12514 16313 5549 10763 92927 93813 64 64 2000 99515 68304 24591 43712 17722 17177 12687 3181 9505 4490 545 ndash3821 10932 14753 17310 5761 11549 98969 99892 64 65 2001 102862 71488 25340 46148 16619 17002 12278 3297 8981 4724 ndash383 ndash3710 10277 13987 18464 6117 12347 103245 103381 34 43 2002 106423 74392 26100 48292 16470 16349 11254 2828 8427 5095 120 ndash4272 10030 14302 19833 6806 13027 106303 106914 35 30 2003 111422 78041 27280 50761 17297 17133 11357 2819 8538 5776 164 ndash5041 10410 15451 21126 7565 13561 111258 112109 47 47 2004 118533 82706 28921 53785 19686 19036 12230 3067 9164 6806 649 ndash6187 11802 17989 22328 8246 14082 117883 119445 64 60 2005 126230 88035 30767 57268 21723 21223 13473 3518 9956 7750 500 ndash7227 13051 20278 23699 8763 14936 125730 127201 65 67 2006 133772 93010 32247 60763 23271 22672 15053 4337 10717 7619 600 ndash7693 14710 22403 25184 9317 15867 133173 134496 60 59 2007 140287 97723 33639 64083 22952 22661 16375 5249 11126 6287 291 ndash7131 16617 23748 26742 9763 16979 139996 141519 49 51 2008 142915 100355 33817 66538 20876 21287 16563 5863 10700 4724 ndash411 ndash7097 18468 25565 28781 10801 17980 143327 144607 19 24 2009 139737 98459 31944 66515 15493 17035 13493 4511 8982 3541 ndash1542 ndash3887 15874 19762 29672 11436 18236 141279 141172 ndash22 ndash14 2010 144989 102157 33649 68509 17373 16790 13384 3763 9621 3406 584 ndash5116 18444 23561 30575 12231 18344 144406 147082 38 22 2011 150757 107290 36248 71042 18549 18183 14796 4048 10747 3387 366 ndash5681 20942 26623 30598 12221 18377 150390 153275 40 41
1947 I 2372 1563 956 607 337 332 228 79 149 104 05 109 184 75 363 233 130 2367 2381 II 2404 1602 983 619 324 336 232 79 152 104 ndash12 113 195 82 366 232 134 2416 2415 56 87 III 2445 1637 1004 633 327 356 233 83 150 123 ndash29 118 194 77 363 223 140 2474 2456 70 99 IV 2543 1678 1035 644 410 396 245 84 161 151 15 93 176 83 362 215 147 2529 2556 171 91
1948 I 2603 1705 1051 654 450 413 262 88 173 152 36 73 169 96 375 224 152 2567 2617 97 62 II 2673 1743 1072 671 481 422 260 93 167 163 59 52 152 100 397 237 159 2614 2687 111 76 III 2738 1772 1087 685 502 431 270 99 171 161 72 49 154 105 414 246 168 2666 2753 101 82 IV 2751 1781 1087 694 491 431 281 101 180 150 60 45 146 101 434 260 175 2691 2766 19 38
1949 I 2699 1770 1072 698 409 405 266 97 168 140 04 65 161 96 455 275 180 2696 2713 ndash73 07 II 2662 1786 1083 703 340 392 255 94 161 137 ndash51 63 156 94 473 285 187 2713 2675 ndash54 27 III 2676 1780 1076 704 373 386 241 89 152 145 ndash13 52 141 89 471 277 195 2689 2689 22 ndash35 IV 2652 1804 1093 711 352 399 235 87 148 163 ndash47 30 121 91 466 269 197 2699 2663 ndash36 14
1950 I 2752 1831 1108 723 444 423 242 91 151 181 20 22 117 95 455 255 200 2732 2764 160 50 II 2845 1870 1126 744 499 470 266 95 171 204 28 16 119 102 460 257 204 2817 2858 143 131 III 3019 2007 1240 767 561 520 296 103 193 223 42 ndash07 123 130 458 249 210 2978 3035 268 248 IV 3133 1981 1199 782 659 519 306 110 196 213 140 ndash02 135 137 495 278 216 2993 3149 160 21
1951 I 3290 2094 1276 818 621 517 309 115 194 208 104 02 150 149 573 352 221 3186 3305 215 284 II 3366 2051 1222 830 648 501 318 122 197 182 148 19 171 152 647 418 229 3218 3385 96 42 III 3435 2078 1234 844 594 496 325 123 202 172 97 37 181 143 726 491 234 3338 3455 84 157 IV 3479 2118 1258 859 544 496 322 119 202 175 47 42 182 140 776 539 237 3432 3501 52 118
1952 I 3512 2131 1255 876 552 505 324 120 204 180 47 37 187 150 791 553 238 3465 3532 38 39 II 3521 2173 1276 897 499 514 329 121 208 185 ndash15 20 166 146 830 584 246 3537 3542 11 86 III 3585 2198 1279 918 539 483 298 122 177 185 56 00 152 153 848 604 244 3529 3605 74 ndash08 IV 3714 2279 1341 939 571 519 325 126 199 194 53 ndash10 153 163 873 624 250 3661 3733 151 158
1953 I 3784 2315 1357 958 579 540 343 131 212 197 39 ndash07 151 158 896 639 258 3745 3803 78 95 II 3820 2333 1356 977 581 546 348 135 213 198 36 ndash13 152 164 918 662 256 3784 3840 39 42 III 3811 2340 1344 996 574 551 359 137 221 192 23 ndash06 158 163 902 639 263 3788 3829 ndash09 04 IV 3759 2335 1336 998 523 544 354 140 214 189 ndash20 ndash03 152 155 904 635 269 3779 3777 ndash54 ndash09
1954 I 3752 2355 1342 1013 515 535 345 139 206 190 ndash20 ndash04 144 148 885 608 278 3772 3772 ndash07 ndash07 II 3760 2383 1350 1033 512 546 343 139 204 203 ndash34 03 164 162 862 577 285 3793 3780 08 23 III 3808 2407 1354 1053 547 568 350 139 211 218 ndash21 06 159 153 848 553 295 3829 3828 52 38 IV 3894 2455 1385 1070 578 581 349 138 211 232 ndash03 11 166 155 850 552 298 3897 3918 94 74
1955 I 4026 2518 1429 1089 642 604 354 143 211 250 38 11 173 162 854 546 308 3988 4050 142 96 II 4109 2569 1468 1101 681 635 379 147 231 256 46 ndash02 169 171 860 547 313 4063 4133 85 77 III 4194 2611 1494 1118 700 657 404 154 250 252 43 07 181 174 876 558 318 4152 4219 86 91 IV 4260 2651 1505 1147 739 666 425 162 263 242 72 02 183 181 867 543 324 4188 4285 64 35
1956 I 4283 2667 1502 1165 730 666 429 174 254 237 64 04 194 189 882 547 335 4219 4311 22 30 II 4342 2694 1511 1183 714 678 439 180 259 239 36 19 209 190 914 571 344 4306 4370 56 85 III 4392 2726 1521 1205 725 689 454 186 268 235 36 26 218 193 915 564 351 4356 4421 47 48 IV 4481 2780 1552 1228 712 690 459 187 272 230 22 45 231 185 943 585 358 4458 4506 83 97
1957 I 4572 2824 1580 1244 718 696 470 188 282 226 22 48 249 201 981 610 371 4550 4603 84 85 II 4592 2847 1586 1261 719 693 471 190 281 222 27 41 244 203 984 604 380 4565 4625 18 13 III 4664 2893 1612 1281 732 704 484 191 293 220 28 40 238 198 998 612 387 4636 4696 64 63 IV 4615 2910 1605 1304 649 694 475 189 286 219 ndash45 34 230 196 1023 627 396 4660 4640 ndash41 21
August 2012 SURVEY OF CURRENT BUSINESS 185
Table 1 Gross Domestic ProductmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Net exports of
goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Percent change from preceding
period
Total Goods Services Total
Fixed investment
Change in
private invenshytories
Net Exports Imports Total Federal State and local
Gross domestic product
Final sales of
domestic product Total
Nonresidential
Resishydential Total Strucshy
tures
Equipshyment and
software
1958 I 4539 2905 1593 1313 605 645 436 181 255 209 ndash40 11 205 195 1018 612 406 4579 4566 ndash64 ndash68 II 4580 2934 1598 1336 587 630 420 176 244 210 ndash42 05 205 201 1054 638 416 4623 4607 37 38 III 4717 2985 1624 1360 655 639 414 173 241 225 15 09 206 197 1069 642 427 4702 4743 125 70 IV 4850 3023 1648 1375 732 680 431 176 255 249 52 ndash03 206 208 1097 660 437 4797 4876 117 84
1959 I 4955 3101 1697 1403 762 723 445 174 271 278 39 04 218 214 1088 643 445 4916 4981 89 103 II 5085 3161 1726 1435 822 749 461 180 281 288 73 00 226 225 1102 654 447 5012 5111 109 80 III 5093 3213 1745 1468 764 761 478 186 291 283 04 06 235 229 1110 662 448 5089 5121 07 63 IV 5132 3234 1736 1498 793 752 477 185 292 275 41 06 231 225 1100 654 446 5091 5163 31 01
1960 I 5270 3269 1751 1519 891 779 495 194 302 284 112 27 260 233 1082 624 458 5158 5299 111 53 II 5262 3328 1784 1544 797 765 503 195 309 261 32 42 276 235 1095 624 472 5229 5292 ndash06 57 III 5290 3328 1775 1553 787 744 490 194 296 253 43 42 270 229 1133 653 481 5246 5321 21 13 IV 5237 3347 1771 1576 681 739 486 200 286 253 ndash58 58 275 217 1151 663 488 5295 5270 ndash40 37
1961 I 5280 3352 1756 1596 703 728 475 199 276 253 ndash25 58 275 217 1167 660 507 5305 5315 33 08 II 5390 3402 1776 1626 758 740 484 196 288 255 18 55 274 219 1176 668 508 5372 5424 87 52 III 5495 3431 1792 1639 824 757 488 197 291 269 67 39 272 233 1201 686 516 5428 5530 80 42 IV 5626 3503 1828 1675 842 782 504 196 308 278 60 44 283 239 1236 702 534 5566 5662 99 106
1962 I 5761 3556 1855 1701 894 800 516 200 316 284 94 40 283 243 1271 734 537 5666 5797 99 74 II 5832 3612 1878 1734 879 825 532 208 324 292 54 58 307 249 1283 739 544 5778 5872 51 81 III 5900 3651 1895 1756 893 831 539 214 325 292 62 38 290 251 1318 766 552 5838 5941 47 43 IV 5933 3714 1930 1784 860 826 535 209 326 291 34 28 284 256 1332 770 561 5900 5981 23 43
1963 I 6025 3750 1950 1799 905 836 534 202 332 302 69 39 291 252 1331 755 576 5956 6070 63 39 II 6112 3791 1967 1824 922 873 551 212 339 322 48 65 324 259 1334 749 585 6063 6155 59 74 III 6239 3861 1999 1862 950 893 568 214 354 325 57 39 306 267 1390 788 602 6182 6284 86 81 IV 6335 3907 2010 1897 974 923 587 219 368 337 51 54 322 268 1399 784 615 6284 6381 62 68
1964 I 6496 4004 2066 1937 1007 955 601 224 377 354 51 73 342 270 1413 786 627 6445 6547 106 106 II 6589 4084 2109 1974 1006 961 619 234 385 342 45 71 348 277 1429 784 645 6544 6637 58 63 III 6705 4173 2163 2010 1025 978 641 243 398 337 47 64 348 284 1444 789 655 6658 6755 72 71 IV 6756 4198 2152 2047 1046 996 657 248 409 338 50 69 362 293 1443 778 665 6706 6803 31 29
1965 I 6957 4305 2227 2079 1157 1041 703 261 441 339 115 46 331 285 1449 771 678 6841 7011 124 83 II 7081 4375 2256 2119 1158 1073 731 282 449 342 86 75 391 317 1474 775 699 6996 7138 74 93 III 7252 4466 2308 2159 1197 1104 761 285 475 343 93 49 369 320 1540 815 725 7159 7304 100 97 IV 7475 4606 2397 2209 1218 1142 797 304 493 345 76 55 395 339 1596 855 741 7399 7522 129 141
1966 I 7708 4710 2464 2246 1317 1179 830 311 519 348 139 44 394 350 1636 876 760 7569 7758 131 95 II 7799 4761 2470 2292 1307 1184 852 312 540 332 123 52 415 362 1679 900 779 7676 7850 48 58 III 7931 4853 2521 2332 1302 1183 864 319 545 319 119 22 404 382 1755 956 799 7813 7981 70 73 IV 8069 4911 2530 2381 1327 1161 870 312 557 292 165 36 424 388 1796 965 830 7904 8122 71 48
1967 I 8178 4954 2535 2419 1293 1139 856 317 539 283 154 46 440 394 1885 1030 854 8023 8230 55 62 II 8223 5046 2585 2460 1237 1173 857 309 548 316 63 45 435 390 1896 1027 868 8160 8274 22 70 III 8370 5118 2605 2513 1285 1192 858 315 543 334 93 29 424 395 1938 1054 883 8277 8427 73 59 IV 8527 5194 2635 2558 1329 1245 884 320 565 360 84 22 439 417 1982 1073 909 8443 8583 77 82
1968 I 8798 5373 2744 2630 1372 1288 919 331 588 369 84 11 455 444 2041 1101 940 8713 8856 133 135 II 9041 5511 2809 2703 1434 1293 912 332 580 382 141 19 474 454 2076 1106 970 8900 9101 115 88 III 9193 5673 2904 2769 1397 1320 932 332 599 389 77 13 495 482 2109 1117 992 9116 9255 69 101 IV 9362 5762 2928 2834 1444 1383 974 348 626 409 60 11 492 482 2146 1126 1020 9302 9425 76 84
1969 I 9609 5884 2988 2896 1557 1442 1010 358 652 432 115 02 440 438 2165 1121 1044 9494 9672 110 85 II 9761 5998 3027 2971 1557 1464 1030 367 664 434 92 12 539 527 2194 1120 1074 9669 9823 65 76 III 9963 6101 3066 3035 1603 1501 1069 389 680 432 102 10 533 524 2249 1154 1095 9861 10023 85 82 IV 10045 6221 3106 3115 1541 1483 1076 394 682 407 58 33 565 531 2249 1136 1113 9987 10105 33 52
1970 I 10171 6332 3141 3191 1507 1488 1081 395 687 407 18 34 569 535 2298 1150 1149 10153 10234 51 68 II 10331 6431 3176 3256 1539 1488 1094 403 691 394 51 54 606 552 2306 1127 1180 10280 10397 64 51 III 10505 6551 3217 3334 1561 1510 1106 406 700 404 51 38 603 564 2355 1127 1227 10454 10571 69 70 IV 10527 6618 3218 3400 1489 1529 1079 408 671 450 ndash40 32 611 579 2388 1133 1256 10567 10587 08 44
1971 I 10981 6808 3339 3469 1713 1590 1104 415 689 486 123 44 631 587 2416 1128 1287 10858 11055 184 115 II 11188 6949 3398 3550 1788 1679 1134 423 710 546 109 ndash02 631 633 2453 1135 1318 11079 11267 78 84 III 11391 7073 3439 3634 1834 1732 1148 431 717 583 102 ndash01 654 655 2485 1147 1338 11289 11463 75 78 IV 11514 7235 3509 3726 1792 1795 1180 438 742 615 ndash03 ndash17 603 619 2503 1136 1368 11517 11591 44 83
1972 I 11901 7409 3577 3831 1932 1899 1233 458 776 666 32 ndash35 686 722 2596 1197 1399 11869 11983 142 128 II 12256 7594 3684 3910 2065 1945 1263 466 797 682 120 ndash43 672 714 2639 1226 1413 12136 12337 124 93 III 12493 7779 3777 4003 2124 1986 1291 473 818 696 137 ndash26 715 741 2616 1168 1448 12356 12582 80 75 IV 12866 8027 3915 4112 2184 2109 1366 490 876 743 75 ndash31 761 792 2686 1194 1492 12791 12956 125 149
1973 I 13351 8273 4073 4200 2325 2220 1441 513 928 779 106 ndash14 840 854 2767 1233 1534 13245 13458 160 150 II 13715 8429 4127 4302 2460 2278 1521 541 980 758 182 25 919 895 2800 1233 1568 13533 13831 113 90 III 13907 8614 4207 4406 2418 2320 1570 568 1001 750 98 64 976 911 2811 1203 1608 13809 14046 57 84 IV 14318 8765 4259 4506 2576 2326 1599 577 1022 727 250 90 1076 987 2888 1228 1659 14068 14461 124 77
1974 I 14465 8947 4355 4592 2441 2315 1626 590 1036 690 125 64 1167 1103 3014 1286 1728 14340 14636 42 80 II 14848 9232 4486 4746 2523 2349 1674 613 1061 675 174 ndash27 1267 1294 3120 1311 1810 14674 15012 110 97 III 15137 9520 4640 4880 2454 2399 1725 614 1111 674 56 ndash70 1266 1336 3232 1361 1871 15081 15289 80 116 IV 15528 9618 4581 5038 2558 2354 1754 632 1121 600 204 00 1366 1366 3351 1425 1926 15323 15661 107 66
1975 I 15694 9881 4680 5201 2187 2287 1710 617 1093 577 ndash100 165 1414 1249 3462 1440 2022 15795 15808 44 129 II 16050 10168 4815 5353 2168 2307 1708 604 1104 599 ndash140 216 1368 1152 3498 1449 2049 16189 16166 94 104 III 16624 10506 5028 5479 2378 2392 1746 613 1133 646 ndash14 120 1341 1221 3620 1513 2107 16638 16754 151 116 IV 17139 10796 5131 5665 2476 2473 1786 620 1166 687 03 138 1425 1287 3729 1560 2169 17136 17299 130 125
186 GDP and Other Major NIPA Series August 2012
Table 1 Gross Domestic ProductmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Net exports of
goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Percent change from preceding
period
Total Goods Services Total
Fixed investment
Change in
private invenshytories
Net Exports Imports Total Federal State and local
Gross domestic product
Final sales of
domestic product Total
Nonresidential
Resishydential Total Strucshy
tures
Equipshyment and
software
1976 I 17719 11134 5307 5826 2748 2601 1839 641 1198 762 147 47 1436 1389 3791 1563 2228 17572 17877 142 106 II 18042 11330 5390 5941 2916 2691 1885 651 1234 807 224 ndash05 1466 1471 3801 1578 2223 17818 18209 75 57 III 18377 11624 5505 6120 2965 2757 1951 667 1284 806 208 ndash41 1518 1558 3828 1598 2230 18169 18548 76 81 IV 18845 11962 5651 6311 3049 2944 2019 678 1341 925 105 ndash66 1561 1627 3900 1648 2252 18740 19024 106 132
1977 I 19385 12317 5804 6513 3266 3118 2142 697 1445 976 148 ndash211 1554 1764 4013 1698 2315 19237 19593 120 110 II 20052 12597 5929 6667 3549 3354 2238 736 1501 1117 195 ndash211 1619 1830 4118 1748 2370 19858 20260 145 135 III 20660 12909 6039 6870 3784 3475 2325 764 1561 1150 309 ndash206 1623 1829 4173 1765 2408 20351 20869 127 103 IV 21108 13291 6243 7048 3855 3614 2445 785 1659 1169 241 ndash296 1578 1874 4258 1805 2453 20867 21296 90 105
1978 I 21491 13591 6292 7298 3968 3713 2504 800 1703 1210 255 ndash387 1646 2033 4319 1829 2490 21236 21712 74 73 II 22747 14167 6610 7557 4309 4066 2760 903 1858 1306 243 ndash226 1862 2088 4497 1892 2606 22505 22935 255 261 III 23352 14477 6724 7754 4514 4264 2906 986 1920 1358 250 ndash238 1913 2151 4599 1924 2674 23103 23561 111 111 IV 24160 14870 6917 7953 4728 4443 3053 1055 1998 1390 285 ndash164 2054 2218 4727 1991 2736 23876 24406 146 141
1979 I 24633 15226 7079 8147 4811 4573 3188 1079 2109 1385 239 ndash182 2117 2298 4778 2022 2755 24395 24890 81 90 II 25264 15632 7222 8410 4930 4656 3249 1128 2121 1406 274 ndash222 2209 2431 4925 2079 2846 24990 25559 107 101 III 25997 16177 7533 8644 4979 4857 3423 1218 2205 1435 121 ndash230 2343 2573 5072 2117 2955 25876 26358 121 149 IV 26594 16612 7684 8928 4995 4910 3496 1283 2213 1414 86 ndash268 2537 2805 5255 2204 3050 26508 26959 95 101
1980 I 27241 17080 7920 9160 5052 4953 3613 1326 2288 1340 99 ndash358 2685 3043 5467 2316 3151 27142 27621 101 99 II 27280 17100 7778 9322 4704 4627 3509 1323 2186 1117 78 ndash152 2774 2926 5627 2430 3198 27203 27638 06 09 III 27852 17687 8019 9669 4435 4773 3611 1358 2253 1163 ndash339 55 2847 2792 5675 2436 3240 28190 28196 86 153 IV 29153 18366 8275 10091 4979 5070 3762 1441 2322 1308 ndash91 ndash67 2925 2992 5875 2567 3307 29244 29438 200 158
1981 I 30514 18924 8601 10323 5631 5244 3931 1500 2430 1313 388 ndash143 3055 3197 6101 2665 3436 30126 30828 200 126 II 30843 19240 8638 10602 5514 5397 4108 1610 2498 1289 117 ndash135 3084 3220 6224 2787 3438 30726 31143 44 82 III 31770 19634 8811 10824 5928 5488 4284 1697 2586 1204 440 ndash76 3023 3099 6284 2814 3470 31331 32097 126 81 IV 31947 19782 8725 11057 5822 5574 4478 1885 2593 1096 248 ndash148 3047 3194 6490 2941 3548 31699 32323 22 48
1982 I 31849 20162 8863 11299 5265 5480 4432 1866 2566 1048 ndash215 ndash163 2932 3095 6585 2987 3599 32064 32209 ndash12 47 II 32409 20427 8879 11547 5308 5350 4320 1825 2496 1029 ndash42 ndash44 2947 2991 6719 3051 3668 32451 32819 72 49 III 32744 20907 9018 11889 5287 5229 4194 1729 2465 1035 58 ndash297 2796 3093 6847 3123 3724 32686 33094 42 29 IV 33125 21524 9211 12313 4829 5228 4112 1683 2430 1115 ndash398 ndash296 2653 2949 7067 3270 3797 33523 33466 47 107
1983 I 33810 21922 9259 12663 4966 5317 4005 1586 2419 1312 ndash351 ndash246 2707 2953 7167 3328 3839 34160 34150 85 78 II 34822 22564 9626 12937 5422 5499 4029 1495 2534 1470 ndash77 ndash454 2725 3180 7291 3421 3870 34899 35190 125 89 III 35871 23265 9908 13357 5777 5819 4195 1526 2668 1624 ndash42 ndash652 2782 3434 7481 3541 3940 35913 36250 126 121 IV 36881 23792 10158 13634 6407 6168 4460 1566 2893 1708 239 ndash714 2866 3580 7397 3424 3973 36642 37278 118 84
1984 I 38074 24255 10379 13876 7097 6367 4601 1657 2943 1766 730 ndash950 2930 3880 7672 3592 4080 37344 38444 136 79 II 39063 24841 10636 14205 7351 6658 4844 1758 3086 1814 693 ndash1043 3022 4065 7914 3739 4174 38370 39438 108 114 III 39760 25228 10666 14561 7535 6821 5007 1825 3182 1814 713 ndash1039 3057 4096 8036 3752 4284 39046 40133 73 72 IV 40340 25720 10866 14853 7443 6963 5133 1855 3278 1830 480 ndash1078 3086 4164 8255 3888 4367 39860 40672 60 86
1985 I 41172 26434 11104 15330 7200 7038 5205 1949 3256 1833 162 ndash919 3054 3973 8456 3980 4476 41010 41435 85 120 II 41757 26874 11260 15614 7353 7137 5285 1952 3333 1851 216 ndash1154 3031 4186 8684 4076 4607 41540 42043 58 53 III 42583 27559 11569 15989 7272 7109 5222 1922 3299 1888 163 ndash1186 2956 4142 8939 4207 4732 42420 42825 82 87 IV 43187 27837 11571 16266 7622 7291 5336 1958 3378 1955 331 ndash1349 3040 4389 9077 4246 4830 42856 43458 58 42
1986 I 43824 28272 11709 16564 7638 7335 5272 1917 3355 2063 303 ndash1274 3120 4394 9188 4213 4975 43521 44060 60 64 II 44232 28592 11747 16844 7530 7373 5175 1745 3430 2198 157 ndash1298 3142 4440 9409 4347 5062 44076 44397 38 52 III 44913 29306 12167 17139 7325 7395 5135 1690 3444 2261 ndash70 ndash1393 3202 4594 9674 4519 5155 44983 45098 63 85 IV 45433 29699 12201 17498 7367 7495 5212 1709 3503 2283 ndash127 ndash1336 3350 4686 9702 4458 5244 45560 45553 47 52
1987 I 46111 30048 12159 17889 7650 7370 5068 1669 3399 2301 280 ndash1410 3367 4777 9824 4516 5309 45831 46252 61 24 II 46867 30719 12514 18205 7676 7511 5182 1696 3486 2329 165 ndash1473 3550 5023 9946 4586 5360 46702 47052 67 78 III 47645 31383 12812 18571 7695 7685 5342 1776 3567 2342 10 ndash1457 3716 5173 10025 4605 5420 47635 47825 68 82 IV 48831 31730 12767 18962 8378 7747 5372 1827 3545 2375 631 ndash1457 3918 5375 10181 4675 5506 48200 49031 103 48
1988 I 49486 32535 13088 19447 7976 7806 5462 1786 3676 2344 170 ndash1244 4184 5427 10219 4601 5618 49316 49740 55 96 II 50593 33130 13268 19863 8204 8007 5623 1842 3782 2384 197 ndash1072 4389 5461 10330 4590 5740 50396 50826 92 90 III 51428 33804 13412 20392 8257 8075 5675 1835 3840 2400 182 ndash1002 4527 5528 10369 4561 5808 51246 51639 68 69 IV 52510 34533 13725 20808 8426 8235 5791 1849 3942 2444 191 ndash1087 4656 5743 10638 4711 5927 52319 52747 87 86
1989 I 53603 35077 13890 21187 8841 8359 5913 1895 4018 2446 482 ndash1021 4840 5862 10707 4693 6014 53122 53839 86 63 II 54536 35700 14211 21489 8782 8421 6019 1896 4123 2402 360 ndash895 5058 5954 10950 4814 6136 54175 54766 71 82 III 55329 36268 14419 21848 8703 8604 6219 1977 4242 2384 100 ndash763 5082 5844 11121 4890 6232 55230 55584 59 80 IV 55817 36735 14432 22303 8673 8506 6158 1981 4178 2348 166 ndash836 5145 5982 11246 4861 6385 55651 56134 36 31
1990 I 57081 37587 14896 22692 8800 8661 6269 2041 4227 2392 139 ndash892 5376 6268 11586 5008 6578 56942 57383 94 96 II 57974 38118 14793 23326 8825 8488 6179 2046 4133 2309 337 ndash684 5464 6148 11714 5060 6654 57637 58285 64 50 III 58506 38752 14967 23785 8668 8449 6261 2055 4206 2188 219 ndash744 5557 6301 11830 5050 6780 58288 58772 37 46 IV 58460 38960 14997 23963 8146 8259 6189 1974 4215 2070 ndash113 ndash785 5688 6473 12138 5182 6956 58573 58958 ndash03 20
1991 I 58802 39097 14858 24239 7879 8034 6082 1949 4133 1952 ndash155 ndash456 5747 6203 12281 5292 6989 58957 59181 24 26 II 59620 39633 14970 24663 7841 8021 6014 1899 4115 2007 ndash180 ndash216 5923 6139 12362 5317 7045 59800 59889 57 58 III 60337 40087 15087 25000 8053 8044 5941 1775 4166 2103 08 ndash195 6022 6217 12392 5260 7132 60328 60572 49 36 IV 60925 40386 14982 25404 8343 8032 5890 1722 4169 2142 311 ndash212 6171 6383 12408 5192 7215 60614 61238 40 19
1992 I 61907 41401 15338 26063 8102 8100 5856 1699 4157 2244 02 ndash185 6273 6458 12588 5257 7331 61905 62214 66 88 II 62952 41935 15482 26453 8654 8422 6071 1706 4365 2351 232 ndash311 6279 6590 12673 5289 7384 62720 63255 69 54 III 63897 42677 15731 26945 8768 8563 6190 1730 4460 2373 205 ndash365 6414 6779 12817 5386 7431 63692 64168 61 63 IV 64936 43462 15979 27484 9067 8853 6367 1767 4600 2486 214 ndash453 6432 6885 12860 5384 7477 64722 65221 67 66
1993 I 65445 43849 16070 27779 9313 8954 6428 1737 4691 2526 359 ndash543 6450 6993 12826 5268 7558 65086 65811 32 23 II 66227 44521 16342 28179 9423 9182 6603 1751 4852 2579 241 ndash620 6543 7163 12903 5229 7674 65986 66530 49 57 III 66883 45163 16492 28671 9434 9368 6675 1775 4900 2693 66 ndash679 6514 7193 12966 5224 7742 66817 67248 40 51 IV 68138 45811 16791 29020 9964 9798 6957 1824 5133 2841 166 ndash734 6717 7450 13097 5279 7819 67972 68352 77 71
August 2012 SURVEY OF CURRENT BUSINESS 187
Table 1 Gross Domestic ProductmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Net exports of
goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Percent change from preceding
period
Gross domestic product
Final sales of
domestic product
Total Goods Services Total
Fixed investment
Change in
private invenshytories
Net Exports Imports Total Federal State and local Total
Nonresidential
Resishydential Total Strucshy
tures
Equipshyment and
software
1994 I 69163 46504 17057 29447 10436 9983 7048 1762 5286 2935 453 ndash807 6812 7618 13029 5120 7910 68710 69446 62 44 II 70443 47098 17268 29830 11069 10255 7205 1874 5331 3050 814 ndash913 7063 7976 13188 5150 8037 69629 70687 76 55 III 71318 47863 17589 30274 10929 10397 7347 1894 5453 3049 532 ndash967 7371 8338 13493 5291 8202 70786 71538 51 68 IV 72482 48567 17948 30618 11457 10705 7656 1941 5716 3049 752 ndash1023 7583 8606 13481 5182 8299 71730 72698 67 54
1995 I 73077 48887 17881 31006 11606 10995 7977 2014 5963 3018 611 ndash1062 7807 8869 13646 5231 8415 72465 73392 33 42 II 73558 49575 18039 31536 11327 10989 8055 2067 5987 2935 337 ndash1106 7977 9083 13763 5217 8546 73221 73903 27 42 III 74525 50229 18262 31967 11262 11149 8112 2105 6006 3038 113 ndash754 8305 9058 13788 5201 8587 74412 74731 54 67 IV 75425 50801 18439 32362 11567 11382 8258 2105 6154 3124 185 ndash706 8386 9092 13764 5102 8662 75241 75746 49 45
1996 I 76382 51565 18710 32855 11700 11632 8414 2144 6270 3218 69 ndash891 8476 9367 14007 5279 8728 76313 76766 52 58 II 78000 52488 19159 33329 12278 11974 8605 2199 6406 3369 305 ndash938 8590 9528 14171 5309 8862 77695 78299 87 74 III 78927 53044 19259 33785 12798 12287 8890 2255 6635 3397 511 ndash1140 8597 9738 14226 5236 8989 78416 79193 48 38 IV 80230 53847 19579 34268 12831 12485 9106 2386 6720 3379 346 ndash883 9043 9926 14435 5255 9180 79883 80547 68 77
1997 I 81370 54671 19867 34804 13206 12708 9301 2430 6871 3407 498 ndash1081 9191 10272 14574 5236 9337 80872 81601 58 50 II 82768 55040 19745 35295 13850 12966 9499 2431 7069 3467 884 ndash847 9550 10397 14724 5335 9390 81884 83077 71 51 III 84099 56133 20205 35929 14149 13469 9956 2551 7405 3513 680 ndash962 9747 10709 14779 5324 9456 83419 84331 66 77 IV 85057 56981 20454 36528 14341 13563 9988 2599 7389 3575 778 ndash1165 9689 10853 14900 5344 9556 84280 85223 46 42
1998 I 86006 57575 20452 37123 14949 13899 10250 2607 7643 3649 1051 ndash1345 9638 10982 14826 5195 9631 84955 86260 45 32 II 86986 58702 20906 37796 14715 14342 10558 2777 7781 3784 373 ndash1618 9478 11096 15187 5348 9839 86613 87214 46 80 III 88472 59680 21218 38462 15127 14603 10667 2801 7865 3936 524 ndash1739 9360 11099 15404 5318 10086 87948 88568 70 63 IV 90275 60782 21825 38957 15640 15039 10971 2820 8151 4068 600 ndash1771 9679 11450 15625 5379 10246 89675 90390 84 81
1999 I 91486 61574 22071 39503 16173 15340 11207 2828 8379 4133 833 ndash2120 9587 11706 15858 5412 10446 90653 91714 55 44 II 92526 62900 22756 40143 16047 15697 11474 2812 8662 4223 351 ndash2509 9712 12222 16088 5443 10645 92175 92805 46 69 III 94051 63989 23144 40844 16445 16039 11745 2830 8915 4294 406 ndash2829 9988 12817 16446 5589 10857 93645 94301 68 65 IV 96077 65249 23628 41621 16995 16152 11770 2888 8882 4381 843 ndash3025 10285 13310 16859 5753 11106 95234 96432 89 70
2000 I 97095 66830 24179 42651 16888 16728 12235 2978 9257 4492 161 ndash3579 10528 14107 16956 5624 11332 96935 97405 43 73 II 99491 67757 24427 43329 18109 17205 12701 3130 9571 4505 904 ndash3644 10892 14536 17269 5832 11437 98587 99835 102 70 III 100175 68817 24755 44062 17917 17345 12884 3282 9602 4460 572 ndash3959 11191 15150 17400 5794 11606 99602 100480 28 42 IV 101298 69811 25004 44807 17974 17429 12927 3335 9592 4502 545 ndash4100 11118 15218 17613 5793 11820 100753 101849 46 47
2001 I 101651 70581 25068 45514 17013 17320 12737 3290 9447 4583 ndash307 ndash3954 10971 14925 18011 5943 12067 101957 102062 14 49 II 103013 71187 25184 46003 16994 17110 12406 3353 9054 4704 ndash116 ndash3638 10566 14203 18469 6087 12382 103129 103509 55 47 III 103052 71512 25240 46273 16704 17005 12196 3426 8771 4809 ndash301 ndash3670 9971 13642 18506 6163 12342 103353 103322 02 09 IV 103731 72672 25869 46803 15766 16574 11773 3120 8653 4801 ndash808 ndash3578 9601 13179 18872 6274 12598 104539 104631 27 47
2002 I 104987 73090 25696 47394 16280 16414 11495 2978 8517 4919 ndash134 ndash3749 9734 13483 19366 6578 12789 105121 105497 49 22 II 106019 74034 25992 48041 16481 16349 11283 2848 8435 5066 132 ndash4181 10059 14240 19685 6744 12941 105887 106347 40 29 III 107017 74912 26320 48592 16504 16321 11206 2746 8460 5115 183 ndash4358 10206 14564 19960 6854 13106 106834 107491 38 36 IV 107669 75532 26391 49141 16613 16314 11033 2737 8295 5281 300 ndash4799 10122 14921 20323 7050 13273 107370 108322 25 20
2003 I 108874 76459 26739 49720 16715 16428 10977 2742 8234 5452 286 ndash5036 10125 15161 20736 7252 13484 108587 109392 45 46 II 110116 77274 26838 50436 16785 16816 11238 2826 8412 5578 ndash31 ndash5043 10116 15159 21100 7621 13478 110147 110771 46 59 III 112551 78820 27694 51126 17451 17409 11508 2841 8668 5901 42 ndash4995 10414 15408 21275 7652 13623 112509 113207 91 89 IV 114148 79612 27851 51762 18236 17878 11704 2866 8839 6174 358 ndash5091 10986 16078 21391 7734 13657 113790 115066 58 46
2004 I 115899 80981 28386 52595 18536 18022 11646 2908 8738 6376 514 ndash5463 11388 16851 21845 8051 13794 115385 117005 63 57 II 117629 81939 28603 53337 19560 18800 12044 3009 9035 6756 760 ndash6061 11708 17769 22190 8199 13992 116869 118488 61 52 III 119363 83165 28979 54186 20013 19405 12440 3124 9315 6966 608 ndash6359 11854 18213 22544 8391 14153 118756 120331 60 66 IV 121239 84738 29717 55021 20633 19918 12791 3224 9567 7127 715 ndash6865 12259 19124 22733 8345 14388 120524 121955 64 61
2005 I 123618 85919 30009 55910 21308 20401 13052 3384 9668 7349 907 ndash6774 12624 19398 23165 8620 14546 122711 124687 81 75 II 125000 87303 30492 56812 21153 20994 13349 3465 9884 7645 159 ndash6902 12985 19887 23446 8672 14773 124841 125962 45 71 III 127286 88958 31268 57690 21667 21556 13629 3523 10106 7927 110 ndash7340 13082 20421 24001 8941 15060 127176 128357 75 77 IV 129014 89961 31301 58660 22763 21941 13863 3697 10165 8079 822 ndash7893 13513 21406 24183 8819 15364 128192 129798 55 32
2006 I 131614 91262 31811 59451 23366 22706 14572 3968 10605 8134 660 ndash7758 14140 21898 24745 9285 15461 130955 132420 83 89 II 133304 92493 32116 60376 23521 22797 14953 4286 10667 7844 724 ndash7814 14560 22374 25105 9303 15802 132580 134060 52 51 III 134328 93717 32559 61158 23334 22643 15227 4476 10751 7416 691 ndash8057 14760 22817 25333 9322 16012 133637 134947 31 32 IV 135842 94568 32503 62066 22865 22541 15461 4617 10844 7080 323 ndash7143 15382 22525 25552 9359 16194 135519 136559 46 58
2007 I 137585 96017 32967 63050 22774 22603 15796 4795 11001 6807 170 ndash7249 15755 23004 26044 9440 16603 137415 138288 52 57 II 139768 97209 33492 63718 23296 22821 16249 5123 11126 6572 475 ndash7297 16191 23489 26560 9687 16873 139293 140563 65 56 III 141262 98177 33787 64390 23134 22740 16607 5455 11151 6134 394 ndash7034 16903 23937 26984 9921 17064 140868 142709 43 46 IV 142532 99487 34312 65176 22605 22479 16846 5622 11224 5634 126 ndash6943 17618 24561 27382 10006 17376 142406 144518 36 44
2008 I 142739 100185 34223 65962 21857 22052 16893 5709 11184 5159 ndash195 ndash7423 18193 25616 28120 10427 17693 142934 144525 06 15 II 144155 101265 34669 66596 21654 21837 16890 5896 10994 4946 ndash183 ndash7461 19228 26689 28696 10660 18037 144338 145968 40 40 III 143951 101358 34561 66797 20863 21305 16659 5947 10712 4646 ndash441 ndash7569 19338 26906 29298 11006 18292 144392 145940 ndash06 02 IV 140817 98613 31814 66799 19130 19955 15809 5900 9909 4146 ndash825 ndash5937 17111 23048 29011 11112 17899 141642 141995 ndash84 ndash74
2009 I 139234 97684 31255 66429 16458 18125 14429 5305 9124 3696 ndash1667 ndash3854 15235 19089 28946 11049 17897 140902 140417 ndash44 ndash21 II 138854 97639 31420 66219 14953 16980 13560 4671 8889 3420 ndash2027 ndash3316 15253 18569 29578 11359 18219 140881 140013 ndash11 ndash01 III 139522 98888 32444 66444 14656 16661 13129 4210 8919 3531 ndash2005 ndash3986 15947 19933 29964 11576 18388 141527 141152 19 18 IV 141336 99625 32655 66970 15904 16372 12854 3856 8998 3519 ndash468 ndash4393 17063 21455 30200 11759 18441 141805 143108 53 08
2010 I 142703 100691 33182 67509 16604 16272 12858 3627 9231 3413 332 ndash4902 17519 22420 30309 11937 18372 142370 144617 39 16 II 144135 101483 33217 68266 17247 16830 13252 3766 9486 3578 417 ndash5211 18143 23354 30617 12251 18366 143718 146293 41 38 III 145760 102436 33610 68826 17933 16838 13538 3771 9768 3300 1095 ndash5331 18612 23943 30723 12398 18325 144666 147930 46 27 IV 147359 104019 34586 69433 17709 17219 13888 3890 9998 3331 490 ndash5021 19504 24525 30652 12338 18314 146869 149489 45 62
2011 I 148149 105663 35614 70049 17559 17223 13908 3624 10284 3314 337 ndash5554 20305 25859 30481 12152 18328 147812 150501 22 26 II 150036 106849 36043 70806 18190 17842 14480 3970 10510 3362 348 ndash5725 20928 26653 30722 12343 18379 149687 152536 52 52 III 151632 107912 36436 71476 18538 18578 15194 4218 10976 3385 ndash41 ndash5495 21333 26828 30677 12275 18402 151673 154215 43 54 IV 153210 108738 36900 71838 19911 19090 15601 4382 11220 3488 821 ndash5948 21203 27151 30510 12112 18397 152389 155850 42 19
2012 I 154783 110072 37559 72513 20322 19597 15955 4547 11408 3642 726 ndash6158 21579 27737 30546 12077 18469 154057 156932 42 44 II 155959 110675 37450 73225 20778 19945 16207 4589 11618 3738 833 ndash5978 21870 27848 30484 12102 18382 155126 31 28
188 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1929 9761 7363 1014 379 491 1465 31 9868 9941 10052 9846 1930 8920 6968 676 313 427 1614 ndash224 9192 9111 9392 9000 ndash86 ndash68 ndash84 ndash66 ndash86 1931 8342 6749 425 261 372 1682 ndash403 8652 8539 8859 8407 ndash65 ndash59 ndash63 ndash57 ndash66 1932 7252 6144 128 204 309 1626 ndash541 7666 7439 7865 7305 ndash131 ndash114 ndash129 ndash112 ndash131 1933 7158 6008 189 205 322 1572 ndash494 7432 7351 7634 7203 ndash13 ndash31 ndash12 ndash29 ndash14 1934 7937 6437 341 228 329 1773 ndash513 8140 8127 8337 7977 109 95 106 92 107 1935 8642 6830 631 241 431 1822 ndash451 8645 8922 8927 8689 89 62 98 71 89 1936 9770 7525 809 253 426 2126 ndash517 9789 10061 10081 9811 131 132 128 129 129 1937 10271 7804 1011 319 479 2036 ndash420 10198 10529 10455 10325 51 42 47 37 52 1938 9918 7678 668 315 373 2193 ndash563 10052 10073 10210 9974 ndash34 ndash14 ndash43 ndash23 ndash34 1939 10719 8107 859 333 391 2386 ndash575 10795 10887 10965 10778 81 74 81 74 81 1940 11659 8527 1197 378 401 2453 ndash495 11528 11792 11657 11708 88 68 83 63 86 1941 13650 9132 1462 388 493 4077 ndash916 13378 13915 13637 13715 171 160 180 170 171 1942 16168 8916 772 256 447 9594 ndash2923 16167 16677 16680 16235 185 209 198 223 184 1943 18815 9165 456 216 564 14272 ndash4730 19070 19601 19870 18879 164 180 175 191 163 1944 20335 9426 563 232 590 16061 ndash5357 20614 21165 21461 20402 81 81 80 80 81 1945 20107 10009 744 325 628 14022 ndash4365 20447 20789 21144 20166 ndash11 ndash08 ndash18 ndash15 ndash12 1946 17907 11254 1907 702 520 4821 ndash257 17647 17737 17468 17982 ndash109 ndash137 ndash147 ndash174 ndash108 1947 17746 11470 1832 800 494 4095 43 18017 17375 17646 17848 ndash09 21 ndash20 10 ndash07 1948 18527 11729 2341 630 576 4394 09 18357 18570 18395 18648 44 19 69 42 45 1949 18431 12054 1787 625 556 4919 ndash398 18793 18458 18826 18542 ndash05 24 ndash06 23 ndash06 1950 20042 12827 2523 547 657 4924 ndash122 19890 20346 20194 20165 87 58 102 73 88 1951 21593 13028 2530 670 683 6727 ndash679 21304 21757 21463 21743 77 71 69 63 78 1952 22420 13439 2288 641 743 8100 ndash1305 22438 22725 22745 22574 38 53 45 60 38 1953 23452 14081 2396 598 813 8680 ndash1490 23544 23935 24032 23601 46 49 53 57 45 1954 23304 14377 2285 627 773 8089 ndash1301 23610 23688 24002 23462 ndash06 03 ndash10 ndash01 ndash06 1955 24982 15438 2840 694 866 7793 ndash917 24940 25406 25366 25158 72 56 73 57 72 1956 25476 15890 2801 809 936 7800 ndash888 25511 25814 25852 25669 20 23 16 19 20 1957 25988 16284 2679 879 976 8147 ndash1025 26167 26273 26456 26192 20 26 18 23 20 1958 25754 16426 2457 760 1022 8409 ndash1276 25978 26271 26502 25929 ndash09 ndash07 00 02 ndash10 1959 27601 17359 2955 839 1130 8695 ndash1117 27616 28156 28174 27781 72 63 72 63 71 1960 28285 17836 2954 984 1145 8710 ndash1054 28342 28651 28711 28482 25 26 18 19 25 1961 28944 18203 2935 990 1137 9148 ndash1195 29021 29308 29388 29161 23 24 23 24 24 1962 30698 19103 3308 1040 1266 9711 ndash1198 30623 31163 31089 30941 61 55 63 58 61 1963 32040 19890 3530 1114 1300 9961 ndash1155 31999 32460 32420 32301 44 45 42 43 44 1964 33894 21075 3821 1245 1369 10180 ndash1058 33908 34234 34249 34175 58 60 55 56 58 1965 36070 22408 4357 1280 1515 10487 ndash947 35876 36561 36364 36364 64 58 68 62 64 1966 38421 23679 4741 1369 1740 11411 ndash1039 38034 39070 38677 38698 65 60 69 64 64 1967 39392 24388 4524 1400 1867 12287 ndash1340 39200 40148 39956 39677 25 31 28 33 25 1968 41299 25796 4787 1510 2145 12672 ndash1321 41158 42221 42083 41606 48 50 52 53 49 1969 42582 26762 5066 1583 2267 12643 ndash1205 42450 43550 43420 42880 31 31 31 32 31 1970 42663 27389 4734 1753 2364 12337 ndash1186 42843 43483 43672 42958 02 09 ndash02 06 02 1971 44095 28433 5273 1783 2490 12069 ndash973 44036 45031 44976 44422 34 28 36 30 34 1972 46438 30181 5898 1917 2770 11981 ndash769 46367 47518 47452 46789 53 53 55 55 53 1973 49128 31677 6589 2278 2899 11939 ndash456 48840 49870 49580 49603 58 53 50 45 60 1974 48857 31414 6103 2458 2833 12240 ndash525 48700 49221 49062 49398 ndash06 ndash03 ndash13 ndash10 ndash04 1975 48754 32126 5022 2443 2518 12516 ndash835 49221 48679 49147 49172 ndash02 11 ndash11 02 ndash05 1976 51369 33915 6037 2550 3011 12572 ndash694 51159 51848 51636 51868 54 39 65 51 55 1977 53731 35343 6949 2611 3340 12710 ndash542 53403 54598 54270 54291 46 44 53 51 47 1978 56728 36901 7787 2886 3629 13084 ndash301 56349 57584 57204 57284 56 55 55 54 55 1979 58501 37778 8035 3172 3690 13328 ndash122 58362 58983 58842 59252 31 36 24 29 34
See the note at the end of the table
NOTE Chain-type estimates provide the best available method for components in the table comparing the level of a given series at two points in time Chained- It is usually best to make comparisons of aggregate series in dollar estimates are obtained by multiplying the chain-type quantity current dollars or to use BEArsquos estimates of contributions to percent index for an aggregate by its value in current dollars in the refer- change Measures of the contributions of components to the pershyence year (currently 2005) and dividing by 100 For an analysis of centage change in real GDP and to the percentage change in other changes over time in an aggregate or in a component the percent- major aggregates are provided in NIPA tables 112 122 152 age changes calculated from the chained-dollar estimates and the 232 392 422 532 542 and 552 In general the use of chain-type quantity indexes are the same Thus chained-dollar esti- chained-dollar estimates to calculate component shares or composhymates can be used to compute ldquorealrdquo (that is inflation-adjusted) rates nent contributions may be misleading for periods away from the ref-of growth However comparisons of two or more different chained- erence year component shares of GDP are provided in table dollar series must be made with caution because the prices used as 1110 In the November 2003 SURVEY OF CURRENT BUSINESS the artishyweights in the chained-dollar calculations usually differ from the cle ldquoChained-Dollar Indexes Issues Tips on Their Use and prices in the reference period and the resulting chained-dollar values Upcoming Changesrdquo discussed the advantages of using chain for detailed GDP components usually do not sum to the chained-dol- weighted indexes and the challenges of using chained dollars To lar estimate of GDP or to any intermediate aggregate A measure of assist users in undertaking historical analysis BEA provides supple-the extent of such differences is provided in most chained-dollar mental tables that present estimates for selected timespans in tables by a ldquoresidualrdquo line which indicates the difference between GDP chained 1937 1952 1972 and 1987 dollars (see tables 116A (or another major aggregate) and the sum of the most detailed 116B 116C and 116D)
189 August 2012 SURVEY OF CURRENT BUSINESS
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1980 58340 37645 7152 3514 3445 13588 ndash114 58736 57848 58233 59083 ndash03 06 ndash19 ndash10 ndash03 1981 59821 38216 7796 3557 3535 13712 75 59544 59397 59117 60473 25 14 27 15 24 1982 58659 38749 6703 3285 3491 13953 ndash540 59182 58604 59119 59340 ndash19 ndash06 ndash13 00 ndash19 1983 61309 40964 7328 3201 3931 14463 ndash716 61676 62031 62393 61971 45 42 58 55 44 1984 65715 43136 9487 3462 4888 14949 ndash431 64900 67397 66584 66341 72 52 87 67 71 1985 68434 45383 9398 3567 5205 15990 ndash699 68331 70394 70293 68880 41 53 44 56 38 1986 70805 47224 9335 3841 5650 16962 ndash907 70927 72972 73097 71104 35 38 37 40 32 1987 73070 48680 9622 4254 5984 17371 ndash873 72899 75121 74953 73359 32 28 29 25 32 1988 76074 50643 9849 4935 6219 17589 ndash723 76013 77522 77462 76439 41 43 32 33 42 1989 78792 52075 10244 5502 6493 18068 ndash604 78608 79842 79658 79173 36 34 30 28 36 1990 80271 53137 9899 5997 6726 18640 ndash676 80258 80978 80964 80750 19 21 14 16 20 1991 80083 53217 9094 6395 6716 18844 ndash751 80279 80278 80471 80488 ndash02 00 ndash09 ndash06 ndash03 1992 82800 55032 9831 6835 7187 18932 ndash643 82772 83027 82995 83194 34 31 34 31 34 1993 85162 56986 10709 7059 7808 18782 ndash566 85080 85857 85773 85560 29 28 34 33 28 1994 88631 59162 12164 7674 8739 18780 ndash410 88017 89685 89070 88930 41 35 45 38 39 1995 90860 60762 12543 8451 9439 18889 ndash346 90654 91813 91606 91217 25 30 24 28 26 1996 94258 62883 13653 9153 10260 19079 ndash250 94044 95340 95124 94631 37 37 38 38 37 1997 98459 65204 15352 10243 11641 19438 ndash137 97742 99844 99125 98734 45 39 47 42 43 1998 102747 68623 16889 10477 13002 19850 ndash90 102083 105311 104647 102953 44 44 55 56 43 1999 107707 72376 18376 10934 14499 20561 ndash41 107065 111318 110677 108029 48 49 57 58 49 2000 112164 76046 19631 11874 16387 20978 22 111580 116716 116133 112592 41 42 48 49 42 2001 113375 78103 18252 11208 15926 21783 ndash45 113820 118158 118609 113950 11 20 12 21 12 2002 115431 80183 18004 10983 16468 22796 ndash67 115336 120975 120883 115971 18 13 24 19 18 2003 118364 82445 18701 11160 17197 23305 ndash50 118205 124447 124290 119099 25 25 29 28 27 2004 122469 85158 20582 12225 19104 23620 ndash12 121813 129355 128698 123416 35 31 39 35 36 2005 126230 88035 21723 13051 20278 23699 00 125730 133457 132957 127201 31 32 32 33 31 2006 129585 90545 22318 14221 21515 24021 ndash05 128993 136881 136290 130283 27 26 26 25 24 2007 132064 92629 21595 15544 22032 24342 ndash14 131775 138553 138264 133220 19 22 12 14 23 2008 131619 92117 19398 16493 21440 24974 77 132005 136531 136912 133169 ndash03 02 ndash15 ndash10 00 2009 127579 90326 14581 14987 18538 25894 329 128997 131023 132430 128890 ndash31 ndash23 ndash40 ndash33 ndash32 2010 130630 91962 16580 16656 20852 26058 226 130103 134730 134197 132534 24 09 28 13 28 2011 132991 94288 17440 17769 21849 25239 104 132653 136988 136642 135220 18 20 17 18 20
1947 I 17707 11309 1887 852 510 4073 96 17855 17264 17408 17804 II 17680 11497 1735 842 520 4098 28 17972 17265 17557 17781 ndash06 26 00 35 ndash05 III 17665 11534 1679 799 461 4136 ndash22 18117 17252 17709 17766 ndash03 33 ndash03 35 ndash03 IV 17933 11538 2027 708 486 4075 71 18123 17717 17909 18040 62 01 112 46 63
1948 I 18218 11596 2247 676 548 4155 92 18202 18140 18122 18334 65 17 99 48 67 II 18553 11730 2395 613 569 4355 29 18334 18621 18395 18676 75 29 110 62 76 III 18653 11748 2421 627 599 4440 16 18366 18732 18437 18776 22 07 24 09 22 IV 18682 11841 2300 605 589 4627 ndash102 18524 18787 18625 18805 06 35 12 41 06
1949 I 18422 11860 1942 678 572 4759 ndash245 18600 18382 18561 18540 ndash55 16 ndash84 ndash14 ndash55 II 18355 12041 1671 672 563 4974 ndash440 18840 18313 18806 18470 ndash14 53 ndash15 54 ndash15 III 18561 12069 1817 616 540 5024 ndash425 18832 18587 18862 18672 46 ndash02 61 12 45 IV 18387 12245 1718 533 549 4918 ndash478 18900 18551 19076 18488 ndash37 15 ndash08 46 ndash39
1950 I 19130 12449 2149 524 564 4835 ndash263 19204 19339 19415 19238 172 66 181 73 172 II 19712 12654 2389 531 595 4914 ndash181 19720 19959 19968 19826 127 112 134 119 128 III 20484 13303 2604 544 734 4820 ndash53 20430 20893 20842 20618 166 152 201 187 169 IV 20844 12902 2950 588 736 5127 13 20207 21194 20549 20978 72 ndash43 59 ndash55 72
1951 I 21107 13214 2639 618 736 5675 ndash303 20804 21418 21112 21236 51 124 43 114 50 II 21457 12841 2704 679 711 6456 ndash512 20903 21645 21082 21608 68 19 43 ndash06 72 III 21885 12991 2495 695 651 7188 ndash833 21595 21969 21673 22041 82 139 61 117 83 IV 21922 13067 2283 689 634 7589 ndash1072 21915 21994 21986 22087 07 61 05 59 08
1952 I 22143 13096 2336 725 708 7824 ndash1130 22095 22259 22210 22299 41 33 49 42 39 II 22167 13353 2142 646 704 8089 ndash1359 22453 22410 22701 22324 04 66 27 91 05 III 22316 13418 2256 595 747 8170 ndash1376 22234 22701 22620 22470 27 ndash38 53 ndash14 26 IV 23053 13892 2418 599 814 8316 ndash1358 22971 23530 23450 23205 139 139 154 155 137
1953 I 23484 14057 2466 589 794 8598 ndash1432 23467 23960 23946 23634 77 89 75 87 76 II 23662 14142 2475 592 835 8787 ndash1499 23653 24186 24180 23820 31 32 38 40 32 III 23518 14110 2417 616 832 8681 ndash1474 23595 23996 24078 23661 ndash24 ndash10 ndash31 ndash17 ndash26 IV 23146 14016 2226 596 791 8654 ndash1555 23461 23599 23923 23289 ndash62 ndash23 ndash65 ndash25 ndash62
1954 I 23035 14067 2207 569 745 8422 ndash1485 23324 23472 23769 23188 ndash19 ndash23 ndash21 ndash26 ndash17 II 23064 14250 2200 651 812 8125 ndash1350 23419 23456 23819 23217 05 16 ndash03 09 05 III 23324 14444 2312 630 763 7929 ndash1228 23652 23693 24028 23479 46 40 41 36 46 IV 23791 14747 2419 659 771 7880 ndash1143 24046 24131 24392 23964 83 68 76 62 85
1955 I 24477 15078 2677 683 816 7871 ndash1016 24505 24847 24878 24653 120 79 124 82 120 II 24881 15366 2846 667 862 7793 ndash929 24826 25341 25288 25055 68 54 82 67 67 III 25214 15556 2887 711 877 7840 ndash903 25188 25629 25605 25390 55 60 46 51 54 IV 25355 15752 2949 714 909 7670 ndash821 25242 25806 25693 25534 22 08 28 14 23
1956 I 25239 15778 2850 748 947 7666 ndash856 25186 25680 25629 25437 ndash18 ndash09 ndash19 ndash10 ndash15 II 25438 15830 2818 799 942 7827 ndash894 25466 25798 25828 25634 32 45 18 31 31 III 25406 15866 2785 825 950 7753 ndash873 25476 25733 25806 25606 ndash05 02 ndash10 ndash03 ndash04 IV 25821 16084 2752 862 907 7954 ndash924 25916 26046 26143 25999 67 71 49 53 63
1957 I 25979 16195 2707 919 979 8117 ndash980 26143 26206 26373 26187 25 36 25 35 29 II 25917 16224 2704 891 986 8067 ndash983 26047 26194 26327 26138 ndash10 ndash15 ndash02 ndash07 ndash07 III 26166 16353 2768 866 967 8129 ndash983 26242 26465 26543 26379 39 30 42 33 37 IV 25891 16361 2537 841 971 8277 ndash1154 26236 26229 26582 26063 ndash41 ndash01 ndash35 06 ndash47
See the note at the end of the table
190 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1958 I 25190 16139 2348 757 985 8184 ndash1253 25565 25659 26044 25366 ndash104 ndash99 ndash84 ndash79 ndash103 II 25345 16271 2293 761 1027 8389 ndash1342 25698 25858 26221 25524 25 21 31 28 25 III 25939 16538 2482 763 1012 8442 ndash1274 26072 26444 26582 26112 97 60 94 56 96 IV 26543 16756 2706 761 1065 8622 ndash1237 26576 27123 27159 26715 97 79 107 90 96
1959 I 27080 17067 2859 811 1092 8566 ndash1131 27124 27625 27672 27251 83 85 76 78 83 II 27764 17329 3097 838 1145 8697 ndash1052 27591 28340 28167 27936 105 71 108 73 104 III 27731 17510 2882 865 1156 8806 ndash1176 27927 28279 28481 27915 ndash05 50 ndash09 45 ndash03 IV 27828 17529 2983 841 1126 8710 ndash1109 27822 28380 28377 28022 14 ndash15 15 ndash14 16
1960 I 28453 17697 3305 947 1169 8539 ndash866 28126 28906 28574 28640 93 44 76 28 91 II 28320 17921 2971 1007 1178 8608 ndash1009 28394 28689 28766 28511 ndash19 39 ndash30 27 ndash18 III 28366 17850 2953 982 1143 8815 ndash1091 28354 28736 28726 28565 07 ndash06 07 ndash06 08 IV 28002 17874 2588 1002 1089 8877 ndash1250 28493 28276 28778 28212 ndash50 20 ndash63 07 ndash49
1961 I 28169 17869 2654 995 1084 8993 ndash1258 28516 28450 28805 28390 24 03 25 04 25 II 28696 18134 2852 981 1097 9014 ndash1188 28822 29024 29153 28906 77 44 83 49 75 III 29159 18222 3091 976 1170 9191 ndash1151 29044 29584 29468 29375 66 31 80 44 66 IV 29753 18587 3143 1006 1197 9393 ndash1179 29704 30175 30127 29973 84 94 82 93 84
1962 I 30287 18785 3331 1004 1234 9559 ndash1158 30067 30764 30541 30505 74 50 80 56 73 II 30621 19016 3298 1100 1261 9611 ndash1143 30579 30989 30947 30860 45 70 30 54 47 III 30904 19170 3357 1038 1277 9830 ndash1214 30816 31387 31299 31146 37 31 53 46 37 IV 30979 19442 3245 1016 1292 9844 ndash1276 31029 31514 31567 31254 10 28 16 35 14
1963 I 31384 19573 3425 1040 1263 9784 ndash1175 31235 31861 31711 31647 53 27 45 18 51 II 31777 19760 3475 1161 1292 9772 ndash1099 31765 32113 32102 32032 51 70 32 50 49 III 32376 20029 3588 1099 1325 10191 ndash1206 32329 32851 32805 32635 77 73 95 91 77 IV 32622 20196 3632 1155 1321 10098 ndash1138 32665 33016 33062 32889 31 42 20 32 32
1964 I 33354 20595 3781 1225 1319 10135 ndash1063 33379 33659 33685 33644 93 90 80 78 95 II 33737 20958 3764 1246 1349 10201 ndash1083 33776 34052 34092 34016 47 48 47 49 45 III 34195 21343 3853 1236 1385 10207 ndash1059 34194 34572 34572 34483 55 51 63 58 56 IV 34290 21402 3885 1273 1423 10178 ndash1025 34283 34655 34649 34559 11 10 10 09 09
1965 I 35133 21878 4276 1136 1372 10153 ndash938 34826 35665 35354 35436 102 65 122 84 106 II 35609 22120 4276 1349 1533 10284 ndash887 35455 36006 35850 35922 55 74 39 57 56 III 36332 22500 4428 1272 1540 10640 ndash968 36121 36866 36654 36624 84 77 99 93 81 IV 37208 23132 4449 1364 1615 10869 ndash991 37102 37706 37598 37476 100 113 94 107 96
1966 I 38122 23474 4825 1340 1657 11064 ndash924 37721 38718 38311 38399 102 68 112 78 102 II 38249 23535 4737 1398 1698 11260 ndash983 37892 38805 38442 38526 13 18 09 14 13 III 38500 23804 4690 1346 1793 11565 ndash1112 38207 39241 38945 38772 27 34 46 53 26 IV 38812 23903 4712 1390 1813 11753 ndash1133 38315 39514 39010 39095 33 11 28 07 34
1967 I 39154 24042 4583 1417 1842 12252 ndash1298 38703 39854 39396 39434 36 41 35 40 35 II 39162 24370 4388 1404 1827 12185 ndash1358 39116 39866 39823 39435 01 43 01 44 00 III 39475 24495 4514 1370 1851 12312 ndash1365 39316 40262 40103 39774 32 21 40 29 35 IV 39776 24646 4611 1409 1948 12396 ndash1338 39664 40612 40502 40067 31 36 35 40 30
1968 I 40595 25234 4712 1450 2063 12613 ndash1351 40494 41507 41409 40894 85 86 91 93 85 II 41285 25621 4902 1479 2095 12671 ndash1293 40901 42202 41815 41589 70 41 69 40 70 III 41567 26103 4743 1566 2221 12697 ndash1321 41487 42490 42413 41881 28 59 28 58 28 IV 41747 26223 4792 1546 2202 12708 ndash1320 41751 42685 42694 42059 17 26 18 27 17
1969 I 42405 26517 5108 1360 1994 12720 ndash1306 42182 43422 43200 42717 65 42 71 48 64 II 42528 26686 5067 1665 2388 12667 ndash1169 42390 43495 43358 42830 12 20 07 15 11 III 42797 26815 5185 1625 2357 12685 ndash1156 42609 43798 43611 43086 26 21 28 24 24 IV 42596 27029 4905 1682 2331 12498 ndash1187 42617 43485 43512 42885 ndash19 01 ndash28 ndash09 ndash19
1970 I 42529 27195 4752 1696 2323 12431 ndash1222 42733 43388 43602 42825 ndash06 11 ndash09 08 ndash06 II 42607 27319 4767 1771 2369 12271 ndash1152 42651 43405 43455 42912 07 ndash08 02 ndash13 08 III 42986 27559 4848 1765 2364 12324 ndash1146 43033 43796 43849 43287 36 36 37 37 35 IV 42530 27484 4567 1781 2400 12324 ndash1226 42953 43344 43781 42807 ndash42 ndash07 ndash41 ndash06 ndash44
1971 I 43703 28009 5160 1788 2372 12124 ndash1006 43485 44505 44287 44029 115 50 112 47 119 II 43951 28266 5320 1785 2551 12085 ndash954 43785 44943 44780 44294 23 28 40 45 24 III 44302 28491 5390 1858 2607 12078 ndash908 44171 45255 45127 44614 32 36 28 31 29 IV 44425 28965 5222 1702 2431 11988 ndash1021 44703 45421 45711 44753 11 49 15 53 13
1972 I 45219 29352 5591 1882 2786 12031 ndash851 45324 46336 46450 45561 73 57 83 66 74 II 46291 29912 5933 1828 2687 12106 ndash801 46077 47408 47196 46629 98 68 96 66 97 III 46735 30374 6018 1938 2743 11856 ndash708 46492 47764 47522 47100 39 37 30 28 41 IV 47505 31086 6049 2020 2866 11931 ndash715 47574 48563 48639 47868 68 96 69 97 67
1973 I 48720 31655 6433 2168 2999 12048 ndash585 48617 49733 49633 49137 106 91 100 84 110 II 49284 31639 6734 2273 2912 11976 ndash426 48855 50060 49627 49728 47 20 27 00 49 III 49021 31753 6470 2280 2832 11823 ndash473 48916 49685 49581 49537 ndash21 05 ndash30 ndash04 ndash15 IV 49488 31660 6718 2392 2853 11910 ndash339 48972 50003 49480 50008 39 05 26 ndash08 39
1974 I 49054 31383 6289 2423 2756 12159 ndash444 48912 49372 49228 49663 ndash35 ndash05 ndash49 ndash20 ndash27 II 49180 31492 6258 2541 2902 12241 ndash450 48966 49506 49291 49756 10 04 11 05 08 III 48694 31622 5905 2404 2851 12259 ndash645 48815 49172 49294 49219 ndash39 ndash12 ndash27 00 ndash43 IV 48502 31158 5961 2466 2823 12302 ndash562 48106 48833 48434 48955 ndash16 ndash57 ndash27 ndash68 ndash21
1975 I 47912 31420 4914 2484 2540 12452 ndash818 48482 47789 48360 48293 ndash48 32 ndash83 ndash06 ndash53 II 48278 31944 4744 2412 2337 12357 ndash842 48979 47985 48687 48662 31 42 17 27 31 III 49091 32399 5145 2371 2531 12574 ndash867 49419 49164 49492 49506 69 36 102 68 71 IV 49733 32742 5287 2505 2666 12680 ndash815 50003 49781 50051 50226 53 48 51 46 59
1976 I 50863 33396 5834 2488 2833 12712 ndash734 50694 51187 51015 51343 94 56 118 79 92 II 51246 33703 6083 2513 2956 12573 ndash670 50865 51706 51322 51744 30 14 41 24 32 III 51497 34059 6094 2586 3076 12507 ndash673 51180 52010 51690 52000 20 25 24 29 20 IV 51871 34503 6137 2612 3178 12497 ndash700 51895 52490 52515 52386 29 57 37 65 30
See the note at the end of the table
191 August 2012 SURVEY OF CURRENT BUSINESS
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1977 I 52473 34897 6438 2570 3329 12610 ndash713 52382 53384 53294 53061 47 38 70 61 52 II 53516 35090 6936 2639 3359 12741 ndash531 53224 54364 54072 54092 82 66 75 60 80 III 54473 35425 7314 2660 3312 12765 ndash379 53784 55225 54533 55043 74 43 65 34 72 IV 54461 35959 7108 2574 3359 12723 ndash544 54223 55419 55180 54969 ndash01 33 14 48 ndash05
1978 I 54647 36169 7249 2635 3585 12744 ndash565 54292 55835 55479 55234 14 05 30 22 19 II 56797 36942 7746 2910 3596 13088 ndash293 56446 57569 57216 57287 167 168 130 131 157 III 57354 37097 7985 2942 3643 13193 ndash220 56964 58143 57751 57888 40 37 40 38 43 IV 58113 37396 8167 3058 3693 13312 ndash127 57695 58788 58368 58726 54 52 45 43 59
1979 I 58210 37585 8166 3061 3683 13192 ndash111 57878 58864 58529 58838 07 13 05 11 08 II 58264 37563 8147 3069 3703 13332 ndash144 57875 58935 58543 58968 04 00 05 01 09 III 58683 37932 7988 3179 3646 13351 ndash121 58714 59085 59113 59523 29 59 10 39 38 IV 58845 38033 7839 3380 3726 13438 ndash119 58982 59049 59182 59678 11 18 ndash02 05 10
1980 I 59034 37967 7783 3474 3729 13654 ndash115 59096 59093 59151 59883 13 08 03 ndash02 14 II 57824 37105 7081 3539 3458 13697 ndash140 57938 57321 57428 58609 ndash79 ndash76 ndash115 ndash112 ndash82 III 57717 37503 6541 3532 3210 13508 ndash157 58693 56791 57746 58456 ndash07 53 ndash36 22 ndash10 IV 58784 38003 7206 3510 3382 13494 ndash47 59218 58185 58606 59386 76 36 102 61 65
1981 I 60006 38211 7922 3577 3526 13673 149 59509 59534 59037 60648 86 20 96 30 88 II 59527 38211 7545 3596 3532 13704 03 59627 59038 59131 60132 ndash32 08 ndash33 06 ndash34 III 60250 38366 8013 3520 3491 13673 169 59696 59809 59255 60893 49 05 53 08 52 IV 59500 38076 7702 3536 3591 13799 ndash22 59344 59206 59047 60221 ndash49 ndash23 ndash40 ndash14 ndash43
1982 I 58523 38322 6900 3383 3489 13785 ndash378 59177 58315 58958 59206 ndash64 ndash11 ndash59 ndash06 ndash66 II 58840 38459 6894 3403 3432 13865 ndash349 59152 58508 58812 59606 22 ndash02 13 ndash10 27 III 58614 38754 6813 3252 3591 13960 ndash574 58765 58766 58912 59263 ndash15 ndash26 18 07 ndash23 IV 58660 39461 6207 3103 3450 14201 ndash862 59635 58828 59794 59286 03 61 04 61 02
1983 I 59389 39848 6428 3153 3529 14308 ndash819 60265 59602 60469 60008 51 43 54 46 50 II 60724 40639 7048 3163 3801 14430 ndash755 61118 61317 61706 61383 93 58 120 84 95 III 61922 41357 7522 3211 4097 14680 ndash751 62252 62869 63196 62593 81 76 105 100 81 IV 63202 42013 8314 3275 4298 14432 ndash534 63070 64336 64203 63899 85 54 97 65 86
1984 I 64428 42373 9184 3344 4643 14578 ndash408 63492 65944 65010 65072 80 27 104 51 76 II 65540 42979 9494 3427 4838 14892 ndash414 64656 67204 66321 66188 71 75 79 83 70 III 66177 43311 9714 3503 4963 15002 ndash390 65252 67903 66979 66819 39 37 42 40 39 IV 66716 43881 9555 3574 5108 15323 ndash509 66203 68537 68026 67287 33 60 38 64 28
1985 I 67345 44625 9240 3576 4996 15499 ndash599 67325 69016 68997 67800 38 70 28 58 31 II 67915 45032 9399 3563 5241 15847 ndash685 67838 69926 69851 68400 34 31 54 50 36 III 68976 45887 9296 3511 5190 16258 ndash786 68940 70995 70961 69376 64 67 63 65 58 IV 69500 45988 9659 3617 5394 16355 ndash725 69221 71640 71365 69945 31 17 37 23 33
1986 I 70168 46372 9639 3731 5389 16532 ndash717 69934 72146 71915 70559 39 42 29 31 36 II 70450 46866 9425 3772 5618 16883 ndash878 70461 72669 72684 70730 16 31 29 43 10 III 71129 47685 9130 3858 5774 17266 ndash1036 71453 73431 73759 71443 39 58 43 61 41 IV 71473 47972 9144 4002 5819 17166 ndash992 71858 73641 74030 71685 19 23 12 15 14
1987 I 71869 47899 9423 4005 5784 17237 ndash911 71666 73988 73789 72109 22 ndash11 19 ndash13 24 II 72633 48540 9436 4164 5928 17346 ndash925 72622 74729 74721 72935 43 54 41 51 47 III 73263 49082 9446 4343 6043 17346 ndash911 73489 75273 75501 73556 35 49 29 42 35 IV 74517 49200 10183 4504 6182 17556 ndash744 73820 76494 75802 74838 70 18 67 16 71
1988 I 74902 50022 9609 4753 6153 17471 ndash800 74911 76510 76520 75303 21 60 01 38 25 II 75864 50385 9843 4885 6083 17517 ndash683 75814 77199 77149 76231 52 49 36 33 50 III 76256 50783 9906 4975 6226 17507 ndash689 76174 77659 77578 76586 21 19 24 22 19 IV 77274 51381 10037 5127 6416 17862 ndash717 77153 78722 78603 77637 55 52 56 54 56
1989 I 77999 51569 10422 5278 6446 17752 ndash576 77525 79286 78813 78356 38 19 29 11 38 II 78583 51800 10300 5508 6476 18028 ndash577 78278 79604 79299 78926 30 39 16 25 29 III 79206 52337 10179 5568 6467 18197 ndash608 79264 80135 80192 79577 32 51 27 46 33 IV 79379 52593 10074 5656 6584 18294 ndash654 79363 80344 80327 79833 09 05 10 07 13
1990 I 80208 53009 10173 5903 6793 18576 ndash660 80224 81122 81137 80635 42 44 39 41 41 II 80527 53184 10176 5983 6782 18604 ndash638 80259 81323 81054 80966 16 02 10 ndash04 17 III 80526 53386 9937 6027 6754 18598 ndash668 80417 81233 81123 80896 00 08 ndash04 03 ndash03 IV 79820 52970 9308 6077 6573 18783 ndash745 80132 80234 80541 80501 ndash35 ndash14 ndash48 ndash28 ndash19
1991 I 79434 52820 8929 6121 6498 18859 ndash797 79811 79701 80075 79947 ndash19 ndash16 ndash26 ndash23 ndash27 II 79970 53222 8885 6341 6614 18925 ndash789 80385 80108 80519 80334 27 29 21 22 19 III 80307 53426 9106 6486 6800 18835 ndash746 80496 80494 80681 80626 17 06 19 08 15 IV 80622 53402 9454 6634 6950 18756 ndash674 80423 80810 80609 81044 16 ndash04 16 ndash04 21
1992 I 81507 54320 9244 6752 7001 18899 ndash707 81666 81611 81766 81923 45 63 40 59 44 II 82373 54642 9853 6753 7116 18876 ndash635 82250 82614 82489 82783 43 29 50 36 43 III 83223 55246 9955 6899 7228 18973 ndash622 83154 83421 83348 83591 42 45 40 42 40 IV 84098 55920 10270 6934 7401 18979 ndash604 84019 84461 84378 84478 43 42 51 50 43
1993 I 84253 56147 10511 6950 7561 18779 ndash573 83964 84787 84496 84728 07 ndash03 16 06 12 II 84792 56686 10594 7035 7718 18765 ndash570 84668 85409 85283 85180 26 34 30 38 21 III 85238 57301 10586 7012 7819 18746 ndash588 85332 86002 86094 85701 21 32 28 39 25 IV 86364 57811 11145 7237 8134 18839 ndash534 86354 87229 87218 86630 54 49 58 53 44
See the note at the end of the table
192 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashTable Ends [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1994 I 87205 58455 11626 7306 8323 18599 ndash458 86816 88208 87819 87559 40 22 46 28 44 II 88398 58888 12304 7547 8633 18677 ndash385 87547 89477 88626 88700 56 34 59 37 53 III 88967 59360 12082 7835 8876 19005 ndash439 88496 89990 89518 89240 26 44 23 41 25 IV 89955 59946 12646 8009 9126 18841 ndash361 89207 91065 90317 90221 45 32 49 36 45
1995 I 90176 60016 12774 8156 9326 18916 ndash360 89587 91346 90757 90561 10 17 12 20 15 II 90370 60508 12431 8268 9415 18979 ndash401 90117 91511 91257 90787 09 24 07 22 10 III 91129 61049 12311 8628 9447 18937 ndash349 91190 91883 91942 91373 34 49 16 30 26 IV 91764 61478 12658 8752 9568 18725 ndash281 91722 92514 92469 92146 28 24 28 23 34
1996 I 92393 62040 12824 8862 9879 18845 ndash299 92514 93373 93493 92850 28 35 38 45 31 II 93990 62742 13489 9011 10100 19116 ndash268 93840 95052 94900 94341 71 59 74 62 66 III 94808 63118 14169 9084 10427 19097 ndash233 94250 96157 95597 95119 35 18 47 30 33 IV 95843 63632 14130 9653 10633 19259 ndash198 95572 96780 96508 96214 44 57 26 39 47
1997 I 96580 64273 14460 9837 11087 19294 ndash197 96244 97815 97477 96850 31 28 43 41 27 II 98012 64533 15383 10227 11459 19460 ndash132 97010 99220 98217 98374 61 32 59 31 64 III 99242 65630 15657 10464 11881 19482 ndash110 98541 100642 99940 99513 51 65 59 72 47 IV 100003 66381 15907 10445 12138 19515 ndash107 99175 101698 100867 100198 31 26 43 38 28
1998 I 100948 67041 16666 10495 12593 19397 ndash58 99798 103066 101912 101247 38 25 55 42 43 II 101856 68195 16467 10374 12882 19819 ndash117 101484 104404 104034 102125 36 69 53 86 35 III 103200 69099 16939 10326 13055 20002 ndash111 102655 105983 105439 103315 54 47 62 55 47 IV 104986 70159 17484 10715 13478 20181 ndash75 104396 107791 107201 105122 71 70 70 69 72
1999 I 105921 70851 18034 10633 13821 20284 ndash60 105083 109163 108324 106190 36 27 52 43 41 II 106749 71966 17971 10755 14261 20369 ndash51 106391 110306 109950 107075 32 51 43 61 34 III 108107 72831 18422 11037 14779 20633 ndash37 107705 111893 111493 108397 52 50 59 57 50 IV 110048 73858 19076 11313 15133 20959 ndash25 109081 113910 112942 110456 74 52 74 53 78
2000 I 110336 74978 18809 11508 15747 20787 01 110182 114616 114464 110692 11 41 25 55 09 II 112488 75683 20111 11835 16227 21064 22 111484 116919 115916 112881 80 48 83 52 82 III 112583 76424 19797 12124 16794 20998 34 111968 117288 116674 112928 03 17 13 26 02 IV 113250 77100 19807 12029 16781 21062 33 112685 118041 117478 113868 24 26 26 28 34
2001 I 112878 77408 18761 11871 16537 21373 02 113256 117582 117964 113339 ndash13 20 ndash15 17 ndash18 II 113617 77700 18700 11483 16044 21817 ndash39 113757 118232 118375 114169 27 18 22 14 30 III 113304 78042 18303 10892 15656 21778 ndash55 113641 118141 118483 113603 ndash11 ndash04 ndash03 04 ndash20 IV 113700 79264 17245 10585 15469 22164 ndash89 114626 118676 119612 114688 14 35 18 39 39
2002 I 114671 79537 17819 10754 15857 22504 ndash86 114857 119855 120044 115233 35 08 40 15 19 II 115281 79941 18034 11046 16392 22720 ndash68 115182 120687 120590 115645 21 11 28 18 14 III 115866 80483 18080 11123 16662 22904 ndash62 115699 121459 121294 116387 20 18 26 24 26 IV 115906 80769 18083 11010 16962 23057 ndash51 115608 121899 121603 116617 01 ndash03 15 10 08
2003 I 116389 81177 18104 10908 16757 23009 ndash52 116096 122289 121997 116949 17 17 13 13 11 II 117375 81981 18218 10873 16996 23351 ndash52 117426 123546 123601 118081 34 47 42 54 39 III 119307 83085 18884 11168 17196 23420 ndash54 119286 125388 125370 120008 67 65 61 58 67 IV 120386 83537 19599 11691 17838 23437 ndash40 120011 126566 126191 121360 37 25 38 26 46
2004 I 121179 84276 19701 11970 18292 23549 ndash25 120665 127524 127010 122340 27 22 31 26 33 II 121959 84651 20557 12157 19026 23635 ndash15 121184 128833 128057 122851 26 17 42 33 17 III 122867 85391 20821 12247 19304 23721 ndash09 122242 129926 129301 123867 30 35 34 39 34 IV 123872 86313 21249 12528 19794 23576 00 123161 131136 130425 124607 33 30 38 35 24
2005 I 125150 87001 21700 12762 19909 23599 ndash03 124241 132297 131388 126234 42 36 36 30 53 II 125707 87862 21313 13036 20129 23624 01 125552 132799 132644 126677 18 43 15 39 14 III 126705 88529 21551 13039 20253 23839 00 126585 133918 133799 127769 32 33 34 35 35 IV 127356 88749 22328 13366 20821 23734 00 126542 134812 133999 128124 21 ndash01 27 06 11
2006 I 128964 89658 22663 13887 21215 23971 00 128319 136294 135650 129747 51 57 45 50 52 II 129487 90198 22631 14121 21452 23991 ndash02 128773 136821 136107 130216 16 14 16 14 15 III 129504 90739 22312 14142 21709 24027 ndash07 128828 137076 136400 130096 01 02 07 09 ndash04 IV 130384 91583 21667 14735 21682 24094 ndash13 130053 137333 137001 131073 27 39 07 18 30
2007 I 130561 92092 21451 14965 21998 24067 ndash16 130382 137594 137415 131226 05 10 08 12 05 II 131736 92445 21930 15213 22107 24268 ndash13 131262 138632 138158 132484 36 27 31 22 39 III 132698 92852 21763 15780 22160 24479 ndash16 132318 139083 138703 134058 30 33 13 16 48 IV 133260 93126 21236 16219 21865 24553 ndash09 133140 138901 138782 135110 17 25 ndash05 02 32
2008 I 132668 92891 20557 16439 21941 24739 ndash17 132778 138180 138288 134317 ndash18 ndash11 ndash21 ndash14 ndash23 II 133105 92858 20240 16939 21801 24845 24 133259 137945 138097 134766 13 15 ndash07 ndash05 13 III 131869 91960 19347 16787 21433 25107 101 132256 136465 136846 133674 ndash37 ndash30 ndash42 ndash36 ndash32 IV 128835 90760 17446 15806 20586 25205 204 129729 133533 134415 129919 ndash89 ndash74 ndash83 ndash69 ndash108
2009 I 127110 90395 15160 14525 18560 25316 274 128703 131037 132618 128195 ndash53 ndash31 ndash73 ndash52 ndash52 II 127010 89993 14007 14546 17774 25904 334 128900 130144 132023 128068 ndash03 06 ndash27 ndash18 ndash04 III 127467 90462 13948 15023 18493 26143 384 129283 130820 132623 128953 14 12 21 18 28 IV 128731 90454 15211 15852 19327 26211 330 129102 132093 132456 130345 40 ndash06 40 ndash05 44
2010 I 129476 91008 15914 16082 19809 26004 277 129147 133093 132759 131219 23 01 31 09 27 II 130196 91594 16464 16454 20742 26187 239 129854 134389 134039 132165 22 22 39 39 29 III 131035 92160 17101 16839 21428 26167 196 130055 135534 134548 133011 26 06 35 15 26 IV 131812 93085 16843 17247 21430 25874 193 131356 135905 135441 133742 24 41 11 27 22
2011 I 131838 93809 16616 17488 21654 25407 172 131544 135921 135619 133943 01 06 00 05 06 II 132647 94032 17113 17664 21660 25354 144 132341 136552 136238 134861 25 24 19 18 28 III 133069 94419 17358 17929 21908 25166 105 133112 136964 136996 135347 13 23 12 22 14 IV 134410 94893 18673 17993 22173 25027 ndash03 133614 138514 137713 136729 41 15 46 21 41
2012 I 135064 95468 18951 18187 22342 24837 ndash37 134401 139144 138475 136938 20 24 18 22 06 II 135580 95820 19340 18424 22668 24748 ndash84 134811 139759 138985 15 12 18 15
NOTE The residual is the difference between gross domestic product and the sum of the detailed components shown in this table
193 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1929 7733 8363 8724 7544 4667 6258 5425 33695 2244 9786 2906 2421 6181 2851 10620 7848 7740 1930 7067 7915 8034 7387 3113 4796 4471 28836 1779 5949 2402 2106 6812 3158 11690 7311 7075 1931 6609 7667 7741 7199 1956 3326 2929 18557 1187 4975 1996 1837 7095 3266 12197 6881 6610 1932 5745 6979 6835 6764 0590 1934 1754 11365 0695 2627 1564 1524 6860 3340 11629 6097 5743 1933 5671 6824 6785 6513 0869 1709 1581 8816 0712 2146 1574 1588 6633 4130 10421 5911 5663 1934 6288 7312 7405 6832 1570 2210 2014 9940 0984 2938 1749 1622 7482 5541 10956 6474 6271 1935 6846 7758 8013 7070 2906 2864 2552 11028 1341 4111 1845 2125 7687 5639 11306 6876 6831 1936 7740 8548 9078 7505 3726 3814 3451 14477 1840 5205 1938 2101 8971 8514 11371 7786 7713 1937 8137 8864 9348 7857 4653 4472 4134 18358 2139 5661 2441 2364 8592 7666 11369 8111 8117 1938 7857 8722 9140 7794 3076 3543 3031 14689 1489 5691 2414 1837 9252 8465 12035 7995 7841 1939 8492 9209 9773 8097 3956 4252 3383 15500 1718 8062 2549 1930 10067 9077 13229 8586 8473 1940 9236 9686 10380 8410 5510 5108 4187 17596 2227 9093 2899 1976 10350 10163 12794 9169 9205 1941 10813 10373 11204 8909 6729 5828 4930 20899 2611 9661 2973 2430 17205 26817 11982 10640 10782 1942 12809 10127 10340 9400 3555 3289 2902 12917 1498 4887 1964 2206 40483 82370 10867 12859 12763 1943 14906 10411 10239 10151 2099 2539 2425 9387 1345 2904 1655 2782 60224 130288 9876 15168 14842 1944 16109 10707 10316 10718 2594 3118 3221 12292 1799 2500 1778 2912 67771 148703 9525 16396 16039 1945 15929 11370 11021 11293 3424 4268 4525 16574 2576 2940 2491 3096 59168 127726 9855 16262 15853 1946 14186 12784 13059 11807 8778 7872 6673 32740 3213 12338 5379 2566 20344 34335 10837 14036 14137 1947 14059 13029 13438 11856 8433 9469 7765 29776 4367 15901 6133 2436 17281 25367 12329 14330 14031 1948 14677 13323 13708 12170 10775 10428 8172 31334 4596 19026 4831 2843 18542 27378 13112 14600 14660 1949 14601 13692 14120 12464 8226 9533 7422 30294 4029 17588 4786 2742 20755 30046 15108 14947 14577 1950 15878 14570 15214 13011 11615 11385 8104 32461 4447 24064 4190 3241 20779 28399 16349 15820 15853 1951 17106 14799 15033 13780 11649 10906 8479 34946 4576 20145 5135 3369 28386 47155 16475 16944 17093 1952 17761 15266 15371 14399 10534 10701 8315 34809 4445 19784 4913 3665 34178 61369 16749 17846 17747 1953 18579 15995 16167 15006 11029 11448 9062 37902 4848 20485 4584 4010 36627 66331 17578 18726 18554 1954 18461 16331 16340 15530 10517 11627 8868 39201 4576 22183 4806 3812 34132 57637 19115 18778 18445 1955 19791 17536 17844 16311 13072 13141 9851 42011 5203 25776 5319 4271 32885 52422 20494 19836 19778 1956 20182 18049 18112 17094 12894 13191 10413 46421 5341 23678 6197 4618 32912 51508 21156 20290 20180 1957 20588 18497 18422 17685 12333 13048 10571 46396 5480 22230 6737 4812 34379 53343 22408 20812 20591 1958 20403 18658 18234 18260 11312 12113 9410 43866 4680 22463 5826 5040 35484 53320 24312 20661 20385 1959 21866 19718 19381 19164 13603 13804 10159 44917 5237 28170 6427 5571 36688 54992 25232 21965 21840 1960 22408 20260 19721 19915 13600 13922 10737 48488 5459 26165 7543 5645 36751 53496 26338 22542 22391 1961 22930 20677 19846 20648 13512 13879 10670 49151 5354 26238 7583 5607 38600 55739 27961 23082 22925 1962 24319 21700 20867 21624 15227 15133 11602 51393 5974 28754 7965 6243 40977 60488 28818 24356 24325 1963 25382 22593 21701 22543 16249 16306 12247 51986 6476 32142 8535 6411 42032 60526 30552 25450 25393 1964 26851 23939 22994 23885 17589 17882 13701 57399 7303 34011 9540 6752 42958 59725 32626 26969 26867 1965 28575 25453 24623 25204 20058 19708 16088 66553 8641 33017 9807 7471 44250 59697 34813 28534 28588 1966 30437 26897 26184 26453 21825 20838 18100 71109 10024 30063 10487 8581 48149 66303 36998 30250 30423 1967 31206 27703 26697 27541 20827 20453 17856 69313 9958 29117 10728 9206 51844 72903 38868 31178 31193 1968 32717 29301 28350 29009 22039 21881 18654 70299 10578 33086 11572 10578 53472 73491 41168 32735 32709 1969 33733 30399 29216 30303 23323 23242 20070 74096 11513 34063 12131 11181 53347 70969 42557 33762 33710 1970 33798 31112 29447 31487 21791 22754 19963 74300 11399 32026 13435 11658 52059 65738 43738 34075 33772 1971 34932 32297 30679 32574 24275 24477 19964 73082 11512 40808 13663 12280 50926 60677 45077 35024 34923 1972 36788 34283 32685 34458 27150 27420 21797 75359 12997 48061 14689 13662 50556 58197 46068 36878 36784 1973 38920 35982 34378 36091 30331 29926 24968 81520 15381 47752 17458 14296 50379 55748 47381 38845 38995 1974 38705 35683 33124 36783 28097 28055 25177 79755 15774 37895 18837 13972 51648 56243 49164 38734 38835 1975 38623 36492 33349 38164 23120 25042 22689 71355 14272 32975 18718 12419 52812 56426 50970 39148 38657 1976 40695 38525 35684 39802 27791 27511 23800 73073 15164 40740 19536 14848 53049 56453 51346 40689 40776 1977 42566 40146 37215 41447 31989 31465 26486 76079 17449 49486 20006 16471 53630 57647 51532 42475 42681 1978 44940 41916 38753 43375 35846 35274 30450 87058 20106 52602 22115 17898 55210 59092 53216 44818 45034 1979 46345 42912 39373 44700 36989 37265 33517 98098 21861 50672 24307 18195 56241 60519 53998 46419 46581 1980 46217 42761 38376 45389 32926 34844 33429 103837 21075 39949 26925 16987 57337 63390 53958 46716 46449 1981 47390 43410 38830 46203 35886 35623 35333 112161 21971 36747 27256 17433 57860 66420 52873 47359 47542 1982 46470 44015 39101 47103 30859 33125 34003 110325 20829 30075 25173 17214 58876 68989 52898 47071 46651 1983 48570 46531 41589 49568 33733 35541 33563 98404 21950 42524 24524 19386 61027 73561 53514 49055 48719 1984 52060 48998 44586 51508 43672 41543 39486 112125 26303 48836 26526 24105 63078 75829 55444 51619 52155 1985 54214 51551 46931 54173 43266 43729 42103 120095 27974 49608 27331 25669 67471 81771 58879 54347 54151 1986 56092 53642 49556 55784 42971 44237 40901 106935 28504 55696 29429 27863 71573 86407 62669 56412 55899 1987 57887 55297 50448 58007 44295 44480 40870 103859 28895 56807 32594 29511 73300 89477 63575 57981 57672 1988 60266 57525 52322 60469 45337 45947 43008 104539 31074 56231 37815 30671 74220 88010 65933 60457 60093 1989 62420 59152 53643 62301 47156 47328 45409 106616 33351 54524 42161 32022 76240 89379 68340 62521 62242 1990 63591 60359 53975 64151 45569 46340 45633 108187 33361 49819 45954 33168 78655 91185 71112 63834 63482 1991 63442 60450 52904 65110 41862 43335 43186 96150 32504 45032 49005 33118 79514 91000 72585 63850 63276 1992 65595 62511 54571 67431 45254 45904 44565 90354 34873 51263 52370 35440 79885 89351 74156 65833 65403 1993 67466 64731 56838 69589 49299 49839 48456 89768 39226 55450 54086 38505 79253 85842 75244 67669 67263 1994 70214 67203 59836 71666 55998 54500 52915 91405 43904 60840 58802 43098 79245 82555 77197 70004 69913 1995 71980 69021 61623 73488 57743 58010 58478 97235 49158 58850 64755 46547 79705 80353 79247 72102 71711 1996 74672 71429 64383 75640 62851 63213 63940 102744 54383 63550 70133 50595 80507 79423 81090 74799 74395 1997 78000 74066 67453 77973 70672 69045 71658 110280 61861 64751 78490 57409 82020 78641 83980 77740 77620 1998 81397 77950 72010 81409 77747 76537 80264 115911 70837 69732 80281 64119 83759 77758 87291 81192 80937 1999 85326 82213 77745 84744 84592 83658 88640 116049 80857 74092 83785 71500 86761 79270 91179 85155 84928
194 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
2000 88857 86382 81847 88944 90371 89843 97327 125101 89320 74834 90985 80813 88519 79661 93744 88745 88515 2001 89816 88718 84417 91134 84023 88142 94614 123191 86438 75258 85880 78540 91917 82901 97236 90527 89582 2002 91445 91080 87848 92870 82879 84412 87112 101377 82789 79204 84160 81213 96192 88953 100473 91733 91171 2003 93769 93650 91890 94611 86090 87390 88290 97514 85377 85712 85514 84806 98336 94839 100408 94015 93631 2004 97021 96731 95988 97134 94749 93880 93740 98571 92138 94130 93677 94212 99668 98710 100234 96885 97024 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 2006 102658 102850 103322 102599 102742 102375 108027 109180 107590 92667 108969 106099 101359 102127 100910 102596 102423 2007 104622 105218 106394 104599 99412 100390 115039 124578 111168 75379 119108 108652 102713 103399 102311 104808 104731 2008 104270 104637 103776 105067 89296 93228 114125 132595 106411 57345 126376 105733 105381 110819 102310 104991 104692 2009 101069 102602 100697 103558 67124 75494 93507 104659 88911 44489 114835 91422 109262 117613 104568 102598 101328 2010 103486 104460 104304 104554 76327 75326 94148 88308 96822 42862 127623 102832 109955 122883 102711 103478 104193 2011 105356 107103 108263 106543 80284 80311 102288 90733 107473 42268 136152 107746 106497 119480 99224 105506 106304
1947 I 14028 12846 13203 11757 8686 9295 7874 29902 4450 14609 6532 2514 17184 25544 12014 14201 13996 II 14006 13060 13440 11927 7986 9048 7750 29743 4356 13882 6450 2563 17293 25597 12177 14294 13979 III 13995 13102 13530 11901 7730 9355 7596 29945 4209 16009 6122 2273 17451 25611 12461 14410 13967 IV 14207 13106 13580 11839 9332 10178 7841 29515 4454 19103 5429 2395 17193 24718 12663 14415 14182
1948 I 14433 13172 13600 11966 10343 10521 8327 30127 4830 18876 5181 2701 17534 25559 12644 14477 14414 II 14698 13325 13724 12154 11025 10512 8038 30967 4509 19977 4697 2808 18378 27116 13008 14582 14682 III 14777 13344 13710 12219 11143 10399 8058 31892 4451 19341 4807 2955 18735 27669 13239 14607 14761 IV 14800 13450 13800 12342 10588 10279 8264 32349 4594 17908 4638 2907 19523 29169 13559 14733 14784
1949 I 14594 13472 13779 12420 8941 9691 7873 31740 4305 16562 5193 2820 20081 29756 14120 14793 14575 II 14541 13678 14081 12483 7690 9383 7563 30997 4095 16276 5148 2779 20990 30874 14925 14985 14520 III 14704 13709 14153 12457 8364 9360 7187 29626 3879 17671 4718 2665 21201 30534 15546 14978 14679 IV 14566 13910 14469 12495 7907 9696 7064 28813 3836 19841 4084 2705 20750 29021 15843 15033 14535
1950 I 15155 14141 14749 12650 9891 10310 7264 30186 3902 22093 4017 2781 20403 27640 16237 15274 15124 II 15616 14373 14906 12970 10998 11267 7914 31709 4342 24235 4065 2935 20737 28254 16375 15685 15587 III 16227 15111 16022 13171 11988 12108 8624 33545 4809 25567 4171 3621 20339 27251 16387 16249 16209 IV 16513 14656 15178 13254 13581 11856 8612 34404 4733 24363 4509 3628 21635 30451 16397 16072 16492
1951 I 16721 15010 15512 13616 12149 11416 8389 34516 4532 23068 4734 3628 23948 36413 16235 16547 16695 II 16999 14586 14725 13708 12450 10890 8505 35688 4540 19961 5200 3508 27241 44208 16511 16625 16987 III 17337 14756 14887 13880 11488 10714 8600 35472 4640 18688 5328 3211 30332 51849 16591 17175 17328 IV 17367 14842 15007 13915 10509 10603 8422 34108 4593 18861 5278 3127 32023 56150 16564 17430 17364
1952 I 17542 14876 14935 14087 10755 10729 8455 34149 4619 19354 5559 3490 33015 58600 16616 17573 17530 II 17561 15168 15270 14307 9862 10877 8550 34395 4682 19711 4948 3472 34134 60920 16969 17858 17550 III 17679 15241 15254 14497 10387 10210 7777 34682 3989 19513 4557 3684 34472 62487 16510 17684 17665 IV 18263 15780 16025 14704 11132 10987 8477 36010 4490 20560 4588 4014 35090 63469 16900 18270 18243
1953 I 18604 15968 16236 14854 11353 11428 8942 37095 4806 20881 4511 3916 36281 65942 17262 18665 18580 II 18745 16064 16268 15032 11392 11490 9003 37807 4803 20940 4539 4119 37079 68018 17232 18813 18726 III 18631 16027 16131 15124 11124 11499 9208 38017 4965 20146 4721 4103 36631 66162 17693 18767 18601 IV 18336 15920 16033 15012 10248 11375 9096 38688 4815 19972 4565 3901 36517 65201 18124 18660 18308
1954 I 18249 15979 16023 15152 10162 11196 8825 39082 4549 20182 4360 3676 35540 61731 18775 18551 18230 II 18272 16187 16179 15414 10127 11379 8732 39353 4448 21496 4987 4006 34282 58425 18848 18627 18252 III 18478 16407 16350 15682 10645 11833 8970 39267 4659 22808 4827 3765 33455 55519 19373 18811 18458 IV 18848 16751 16806 15872 11135 12098 8944 39101 4649 24245 5049 3801 33252 54873 19463 19125 18839
1955 I 19391 17127 17322 16058 12322 12587 9104 40312 4692 26044 5236 4025 33212 53552 20280 19490 19381 II 19711 17455 17810 16176 13101 13128 9676 41312 5108 26429 5114 4253 32882 52337 20546 19746 19697 III 19975 17671 18058 16342 13288 13418 10171 42683 5427 25865 5450 4325 33082 52889 20514 20034 19960 IV 20086 17893 18186 16668 13576 13431 10451 43738 5586 24768 5474 4482 32365 50910 20634 20076 20074
1956 I 19995 17922 18105 16828 13120 13145 10257 45096 5310 24114 5734 4670 32347 50530 20857 20032 19997 II 20152 17982 18078 16989 12971 13251 10417 46703 5322 23970 6121 4645 33025 51855 21113 20254 20152 III 20126 18022 18003 17168 12819 13229 10501 46999 5372 23499 6324 4686 32713 50911 21218 20262 20130 IV 20455 18270 18261 17392 12667 13138 10476 46887 5359 23131 6608 4471 33563 52735 21434 20612 20439
1957 I 20581 18396 18432 17459 12463 13138 10551 46482 5456 22801 7039 4826 34252 53672 21973 20793 20587 II 20531 18429 18365 17609 12446 13011 10523 46450 5434 22250 6830 4864 34039 52858 22158 20716 20549 III 20729 18576 18519 17738 12743 13142 10745 46458 5625 21950 6639 4770 34300 53050 22471 20872 20738 IV 20511 18585 18374 17933 11679 12902 10466 46194 5405 21918 6440 4787 34925 53793 23030 20867 20490
1958 I 19956 18332 17935 17916 10811 12103 9709 45328 4824 21051 5801 4858 34535 51864 23681 20333 19942 II 20078 18483 17990 18175 10555 11760 9290 43825 4581 21104 5829 5066 35400 53530 24023 20439 20065 III 20549 18785 18329 18419 11426 11927 9150 42825 4538 22643 5847 4989 35621 53321 24548 20737 20528 IV 21028 19034 18683 18530 12456 12662 9491 43486 4777 25055 5829 5250 36381 54566 24996 21137 21003
1959 I 21453 19386 19117 18769 13159 13439 9786 43334 5039 27906 6214 5385 36145 53666 25203 21573 21424 II 21995 19684 19420 19048 14258 13874 10085 44676 5192 28897 6421 5645 36696 54950 25272 21945 21962 III 21969 19889 19573 19304 13266 14044 10404 46005 5362 28351 6625 5698 37158 56085 25294 22212 21945 IV 22046 19912 19414 19537 13730 13857 10363 45655 5354 27524 6448 5554 36753 55268 25159 22128 22030
1960 I 22540 20103 19609 19714 15215 14341 10762 47560 5549 28314 7255 5764 36029 52782 25597 22370 22516 II 22435 20357 19883 19933 13675 14052 10929 48124 5648 25986 7716 5807 36322 52580 26223 22584 22414 III 22472 20276 19756 19909 13594 13676 10657 48216 5411 25197 7522 5637 37197 54212 26614 22552 22457 IV 22184 20303 19637 20102 11915 13620 10598 50051 5227 25164 7677 5371 37456 54410 26919 22662 22179
1961 I 22315 20297 19451 20304 12219 13449 10375 49824 5056 25261 7625 5345 37946 54339 27792 22680 22319 II 22733 20599 19745 20600 13129 13647 10589 48994 5297 25352 7519 5410 38037 54847 27604 22923 22725 III 23100 20699 19874 20662 14229 13975 10677 49022 5369 26721 7478 5768 38783 56387 27838 23100 23093 IV 23570 21114 20316 21026 14469 14446 11038 48764 5692 27618 7709 5905 39635 57381 28610 23625 23563
195 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1962 I 23993 21338 20554 21225 15332 14755 11294 49678 5841 28116 7690 6085 40336 59488 28403 23914 23982 II 24258 21600 20756 21542 15184 15203 11631 51488 5991 28995 8428 6218 40555 59733 28607 24321 24261 III 24482 21776 20915 21728 15455 15325 11781 52844 6017 28971 7957 6297 41478 61530 28972 24510 24485 IV 24542 22084 21242 22002 14936 15250 11701 51563 6045 28933 7785 6374 41538 61199 29288 24679 24571
1963 I 24863 22233 21441 22089 15765 15428 11683 49768 6164 29978 7967 6226 41285 59714 29839 24843 24880 II 25174 22446 21618 22330 15995 16144 12056 52126 6303 32135 8900 6373 41233 59161 30110 25265 25182 III 25648 22752 21835 22721 16517 16562 12421 52488 6586 32730 8424 6534 43001 62445 30915 25713 25656 IV 25843 22941 21909 23031 16720 17091 12829 53562 6851 33726 8847 6513 42610 60783 31346 25980 25856
1964 I 26423 23394 22416 23403 17407 17743 13148 54952 7018 35792 9389 6507 42768 60473 31813 26548 26449 II 26727 23806 22888 23729 17327 17695 13483 56815 7161 33990 9545 6653 43045 60070 32544 26864 26742 III 27090 24243 23422 24039 17739 17978 13941 58681 7409 33435 9471 6832 43071 59598 32899 27197 27109 IV 27165 24311 23250 24368 17884 18110 14231 59147 7622 32825 9753 7017 42947 58760 33247 27267 27168
1965 I 27832 24852 24007 24645 19683 18935 15187 62180 8208 32940 8701 6764 42843 58020 33562 27699 27858 II 28210 25126 24181 25018 19682 19465 15759 66513 8361 33197 10335 7562 43396 58132 34414 28199 28240 III 28782 25558 24676 25360 20385 19992 16355 67213 8820 33327 9743 7593 44897 60480 35383 28729 28792 IV 29477 26276 25627 25791 20479 20441 17051 70307 9175 32605 10449 7964 45862 62158 35893 29509 29462
1966 I 30200 26664 26109 26059 22211 21205 17794 71978 9687 33346 10266 8169 46687 63579 36338 30001 30187 II 30301 26733 25979 26343 21805 20931 18071 70590 10040 30671 10715 8373 47514 65262 36619 30137 30287 III 30500 27039 26353 26560 21589 20924 18291 72162 10104 29674 10313 8842 48800 67904 37042 30388 30481 IV 30747 27151 26298 26850 21693 20290 18244 69704 10265 26561 10653 8941 49594 68469 37995 30474 30735
1967 I 31018 27310 26366 27099 21099 19813 17858 70424 9867 25762 10859 9082 51699 73163 38465 30782 31001 II 31025 27682 26825 27361 20199 20320 17794 68421 9976 28691 10760 9009 51418 72103 38675 31111 31002 III 31272 27824 26746 27734 20779 20520 17704 69145 9838 30129 10498 9127 51953 73249 38827 31270 31268 IV 31511 27996 26851 27968 21229 21160 18069 69260 10149 31884 10797 9608 52307 73097 39504 31547 31499
1968 I 32160 28664 27706 28406 21691 21671 18637 70618 10536 32079 11111 10174 53220 74368 40197 32207 32149 II 32706 29104 28121 28853 22568 21560 18313 70020 10300 32889 11332 10330 53466 73771 40979 32531 32696 III 32930 29651 28810 29226 21835 21878 18557 69568 10555 33480 11998 10951 53578 73136 41568 32997 32925 IV 33072 29787 28763 29550 22062 22415 19107 70990 10922 33897 11845 10858 53622 72689 41927 33206 33065
1969 I 33593 30120 29148 29814 23515 23122 19672 72087 11332 35118 10424 9834 53674 72285 42268 33550 33583 II 33691 30313 29169 30180 23328 23223 19885 72659 11474 34741 12760 11774 53450 71132 42623 33715 33671 III 33904 30459 29221 30420 23867 23610 20422 76085 11655 34457 12454 11622 53525 71182 42713 33889 33872 IV 33745 30702 29326 30797 22582 23013 20300 75553 11593 31937 12886 11494 52739 69277 42625 33896 33714
1970 I 33692 30891 29374 31124 21875 22931 20182 74959 11539 32001 12997 11456 52455 67908 43021 33988 33667 II 33753 31032 29457 31319 21943 22421 20072 74192 11508 29868 13569 11683 51777 65781 43251 33923 33736 III 34054 31304 29638 31673 22318 22820 20174 74462 11575 31460 13525 11656 52001 64808 44228 34227 34031 IV 33693 31219 29318 31833 21026 22842 19423 73588 10972 34776 13649 11837 52002 64455 44451 34163 33653
1971 I 34622 31816 30259 32051 23756 23353 19600 73404 11148 36632 13701 11697 51160 61946 44653 34586 34614 II 34818 32107 30508 32373 24492 24319 19890 73214 11430 40329 13674 12580 50996 61053 44952 34825 34822 III 35096 32364 30704 32680 24814 24779 19970 72951 11527 42316 14236 12858 50964 60796 45063 35131 35073 IV 35194 32902 31244 33193 24038 25456 20397 72760 11941 43956 13042 11986 50584 58915 45642 35555 35183
1972 I 35823 33341 31536 33761 25738 26601 21083 74662 12395 46888 14423 13738 50768 59155 45792 36049 35818 II 36672 33978 32370 34174 27313 27070 21432 75081 12680 47807 14004 13250 51083 60101 45695 36647 36658 III 37024 34502 32933 34638 27702 27368 21767 75247 12979 47918 14849 13526 50030 56860 46068 36978 37028 IV 37634 35311 33899 35257 27846 28641 22905 76445 13934 49630 15479 14135 50344 56673 46717 37838 37632
1973 I 38596 35957 34709 35712 29614 29851 23975 78942 14697 51300 16613 14788 50839 57611 46928 38667 38630 II 39043 35939 34374 36011 30998 30110 24954 81408 15378 48690 17414 14362 50536 56718 47009 38857 39094 III 38835 36068 34385 36252 29786 30022 25373 83248 15587 46624 17472 13965 49887 54311 47503 38905 38944 IV 39205 35963 34044 36389 30926 29720 25572 82482 15861 44396 18331 14069 50254 54354 48085 38950 39314
1974 I 38861 35648 33489 36334 28952 29018 25544 82018 15882 41140 18565 13592 51305 56066 48713 38902 39043 II 38961 35772 33384 36689 28809 28601 25487 81680 15862 39346 19468 14312 51651 55977 49339 38945 39116 III 38575 35919 33492 36869 27184 28097 25190 78135 15968 38050 18418 14062 51728 56258 49286 38825 38693 IV 38424 35393 32132 37241 27442 26504 24486 77186 15383 33043 18899 13922 51908 56671 49317 38261 38486
1975 I 37956 35690 32365 37588 22622 24881 22984 73213 14356 31002 19032 12526 52544 56034 50778 38560 37966 II 38246 36285 33056 38054 21836 24531 22383 70455 14074 31668 18479 11523 52140 55584 50401 38956 38256 III 38891 36802 33872 38238 23686 25144 22589 70853 14231 33873 18167 12481 53057 56970 51025 39306 38920 IV 39399 37192 34103 38776 24337 25613 22799 70901 14429 35356 19195 13147 53507 57115 51675 39770 39486
1976 I 40294 37935 35101 39229 26857 26674 23211 72812 14622 38970 19061 13971 53640 56588 52238 40320 40363 II 40597 38283 35524 39488 28002 27130 23494 72592 14919 40091 19254 14576 53052 56466 51342 40456 40679 III 40796 38688 35837 39969 28054 27414 24008 73329 15338 39437 19813 15171 52773 56306 50983 40706 40880 IV 41092 39192 36272 40522 28249 28825 24487 73558 15778 44464 20014 15673 52732 56450 50821 41275 41184
1977 I 41569 39640 36666 41005 29639 29867 25438 73307 16730 45805 19693 16415 53210 56919 51310 41662 41714 II 42395 39859 36936 41164 31930 31534 26172 76049 17144 51045 20224 16566 53763 57857 51614 42332 42525 III 43154 40239 37233 41610 33670 31942 26720 77201 17553 50884 20380 16335 53861 58191 51560 42777 43273 IV 43145 40846 38027 42010 32719 32518 27615 77757 18369 50211 19726 16567 53688 57621 51645 43126 43214
1978 I 43292 41085 37814 42681 33368 32791 27888 77607 18655 50464 20191 17679 53775 57823 51657 43181 43422 II 44995 41963 38899 43324 35659 35171 30240 85196 20112 52888 22295 17735 55227 59202 53172 44895 45036 III 45436 42139 38931 43634 36760 36182 31320 90815 20535 53623 22540 17966 55667 59411 53768 45306 45509 IV 46037 42478 39370 43862 37596 36953 32353 94614 21119 53434 23434 18213 56172 59932 54268 45888 46168
196 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1979 I 46114 42693 39340 44308 37590 37234 33057 94087 21884 52185 23454 18163 55667 60013 53375 46033 46256 II 46158 42668 39008 44584 37503 36945 32958 95449 21621 51211 23516 18261 56255 60755 53869 46031 46358 III 46489 43087 39657 44762 36773 37616 33985 99899 22115 50602 24363 17982 56337 60661 54066 46699 46794 IV 46617 43202 39489 45148 36089 37265 34070 102958 21825 48691 25896 18375 56704 60647 54683 46912 46916
1980 I 46767 43127 39289 45199 35827 36739 34444 104548 22009 44965 26619 18389 57616 62588 54936 47003 47077 II 45809 42148 37670 44894 32595 33543 32696 102253 20527 36646 27120 17054 57795 64162 54218 46081 46076 III 45724 42600 38057 45391 30110 33874 32942 102762 20716 37273 27063 15828 56998 63297 53456 46682 45956 IV 46569 43168 38490 46070 33172 35220 33635 105785 21049 40915 26899 16677 56940 63511 53223 47099 46687
1981 I 47537 43404 39043 45985 36468 35478 34177 105721 21613 40183 27407 17389 57696 64826 53623 47331 47679 II 47158 43404 38731 46289 34732 35712 34866 109705 21813 38821 27555 17416 57825 66761 52596 47425 47273 III 47731 43580 39122 46250 36888 35716 35715 112472 22329 35826 26969 17217 57694 66689 52427 47480 47871 IV 47136 43250 38423 46287 35457 35586 36574 120746 22130 32157 27094 17711 58225 67403 52844 47200 47343
1982 I 46363 43530 38808 46457 31763 34507 35709 116906 21735 30303 25919 17206 58167 67508 52680 47067 46545 II 46614 43686 38799 46762 31735 33301 34432 113096 20906 29347 26075 16925 58506 68120 52846 47047 46860 III 46434 44021 39005 47202 31365 32373 33269 106861 20524 29254 24920 17710 58906 69141 52850 46739 46590 IV 46471 44824 39792 47992 28572 32321 32600 104435 20150 31396 23779 17015 59923 71185 53217 47431 46608
1983 I 47049 45263 40000 48622 29589 33027 31990 100175 20082 36747 24163 17405 60373 72042 53408 47932 47176 II 48106 46162 41179 49243 32445 34302 32381 95420 21114 41100 24236 18743 60889 73574 53279 48611 48257 III 49055 46978 42093 49949 34626 36352 33845 97652 22342 45171 24601 20203 61946 75639 53700 49512 49208 IV 50069 47723 43084 50458 38272 38482 36037 100370 24262 47080 25097 21194 60899 72990 53667 50163 50234
1984 I 51040 48132 43667 50707 42278 39689 37212 106076 24734 48388 25622 22897 61512 73614 54281 50498 51157 II 51921 48820 44641 51134 43704 41321 39062 111401 25957 49283 26259 23857 62838 75924 54984 51424 52034 III 52426 49197 44669 51801 44720 42202 40349 114917 26832 48810 26839 24474 63302 75634 55942 51898 52530 IV 52853 49845 45367 52391 43986 42960 41322 116107 27691 48861 27384 25191 64659 78144 56569 52655 52898
1985 I 53351 50690 46067 53338 42536 43292 41802 121028 27531 48709 27403 24635 65400 78977 57256 53547 53301 II 53803 51152 46488 53822 43270 43836 42397 120962 28166 49098 27304 25846 66867 80904 58439 53955 53773 III 54644 52124 47727 54546 42792 43483 41749 118457 27824 49722 26904 25596 68603 83617 59565 54831 54541 IV 55058 52238 47442 54985 44465 44304 42465 119932 28376 50904 27714 26599 69013 83585 60258 55056 54988
1986 I 55587 52674 48163 55175 44373 44368 41882 116932 28169 53080 28590 26575 69759 83141 61759 55622 55470 II 55811 53235 49019 55487 43389 44262 40834 105913 28574 56026 28901 27707 71242 85792 62514 56042 55605 III 56349 54166 50538 55935 42028 44013 40236 102136 28461 56889 29562 28475 72854 89039 63114 56831 56166 IV 56621 54492 50506 56538 42094 44306 40650 102760 28813 56787 30663 28694 72436 87657 63290 57153 56356
1987 I 56935 54409 49473 57205 43380 43428 39532 100357 27965 56637 30686 28522 72732 88179 63449 57000 56689 II 57540 55138 50421 57748 43440 44205 40479 101537 28804 56886 31904 29234 73192 89403 63446 57760 57338 III 58040 55753 51179 58240 43484 45146 41783 105766 29599 56714 33279 29802 73194 89498 63393 58450 57827 IV 59033 55887 50721 58835 46875 45140 41686 107774 29213 56992 34509 30487 74080 90829 64012 58713 58834
1988 I 59338 56820 51918 59545 44234 45081 42007 103705 30124 55759 36421 30345 73721 88361 64922 59581 59200 II 60100 57233 52188 60060 45310 45963 43039 105858 30919 56201 37429 29996 73914 87461 65773 60299 59929 III 60410 57684 52178 60858 45601 46140 43265 104428 31364 56236 38123 30704 73871 86806 66099 60586 60209 IV 61217 58364 53005 61412 46205 46603 43721 104166 31890 56730 39287 31640 75372 89413 66939 61364 61035
1989 I 61792 58578 53079 61728 47975 47067 44460 105845 32442 56358 40442 31786 74909 87583 67290 61660 61600 II 62254 58840 53378 61958 47415 47131 45092 104650 33297 54689 42202 31937 76069 89554 67965 62259 62048 III 62748 59450 54147 62437 46858 47951 46384 108318 34153 54093 42664 31893 76786 90416 68595 63043 62560 IV 62885 59741 53967 63081 46377 47162 45700 107653 33513 52957 43335 32471 77194 89962 69512 63122 62761
1990 I 63542 60214 54691 63356 46833 47748 46307 110021 33819 53496 45229 33500 78385 91312 70609 63807 63391 II 63794 60412 54105 64146 46846 46644 45507 109482 33032 51438 45843 33444 78501 91421 70730 63834 63652 III 63793 60642 53978 64639 45744 46140 45797 109081 33405 48516 46178 33310 78478 90605 71172 63960 63597 IV 63234 60170 53127 64461 42851 44826 44922 104163 33190 45828 46565 32416 79257 91401 71939 63733 63287
1991 I 62928 59998 52671 64505 41106 43291 43763 101920 32266 43102 46899 32047 79579 92110 72031 63478 62851 II 63353 60456 52966 65076 40900 43226 43343 99143 32224 44120 48587 32617 79857 92371 72317 63935 63155 III 63620 60687 53285 65237 41918 43370 42933 92709 32744 45949 49700 33535 79478 90650 72733 64023 63385 IV 63869 60659 52695 65624 43523 43452 42707 90827 32781 46957 50833 34275 79144 88871 73258 63965 63713
1992 I 64570 61703 53888 66542 42555 43902 42515 89684 32744 49352 51739 34525 79745 88899 74201 64953 64404 II 65256 62068 54163 66969 45358 45628 44201 89690 34575 51240 51741 35092 79651 88810 74106 65418 65080 III 65930 62755 54755 67714 45827 46321 45094 90466 35430 51358 52865 35646 80060 89824 74153 66137 65715 IV 66623 63520 55480 68499 47277 47764 46451 91574 36743 53102 53135 36499 80083 89870 74165 66825 66413
1993 I 66746 63778 55695 68783 48388 48042 46746 89242 37427 53344 53255 37289 79239 87106 74467 66781 66610 II 67173 64390 56587 69188 48768 49117 47990 89101 38816 53972 53907 38060 79180 85876 75107 67341 66965 III 67526 65089 57172 69960 48734 49988 48525 89531 39338 55835 53731 38561 79101 84970 75523 67869 67374 IV 68418 65668 57900 70427 51306 52208 50562 91200 41324 58647 55450 40110 79491 85415 75880 68682 68105
197 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1994 I 69084 66399 58881 70976 53519 52902 51065 87474 42484 59891 55981 41045 78480 82358 76093 69050 68835 II 70029 66892 59404 71441 56639 54174 52097 92472 42818 61875 57827 42574 78810 81893 76899 69631 69732 III 70480 67427 59956 71961 55621 54712 53073 92365 43922 61199 60036 43772 80192 84140 77761 70386 70156 IV 71263 68093 61103 72286 58214 56210 55424 93307 46393 60397 61365 45003 79500 81830 78034 70951 70928
1995 I 71438 68172 60799 72630 58805 57493 57689 95652 48538 59055 62493 45990 79816 81630 78659 71254 71195 II 71591 68731 61209 73287 57224 57275 58089 97565 48660 57157 63354 46427 80083 81307 79279 71675 71373 III 72193 69346 61950 73809 56673 58031 58479 98275 48977 58924 66110 46587 79907 80754 79329 72529 71833 IV 72696 69833 62535 74226 58269 59241 59655 97447 50456 60261 67064 47182 79013 77722 79720 72952 72441
1996 I 73194 70472 63036 74953 59036 60738 61136 99185 51830 61845 67909 48716 79519 79341 79556 73582 72995 II 74460 71269 64265 75451 62094 62713 62893 101358 53442 64457 69047 49806 80661 80472 80706 74636 74167 III 75107 71696 64722 75854 65225 64164 64986 102607 55606 64280 69606 51421 80583 79053 81434 74962 74778 IV 75927 72280 65507 76301 65048 65236 66744 107828 56653 63615 73969 52436 81266 78825 82662 76014 75640
1997 I 76511 73008 66391 76921 66567 66510 68447 108777 58432 63831 75378 54675 81411 77764 83534 76548 76139 II 77646 73304 66340 77443 70817 67943 70146 107813 60580 64638 78363 56511 82116 79142 83832 77157 77338 III 78620 74550 68075 78364 72076 70560 73722 111880 63946 64935 80184 58593 82208 78884 84135 78375 78232 IV 79223 75403 69005 79162 73227 71166 74315 112649 64486 65601 80038 59858 82344 78776 84419 78879 78772
1998 I 79972 76153 69541 80042 76723 73308 76885 111433 67764 66771 80415 62103 81849 76319 85101 79375 79596 II 80691 77463 71369 81018 75805 75863 79699 117435 69840 68778 79488 63526 83628 78419 86686 80716 80286 III 81756 78491 72458 82003 77977 77307 80900 117481 71257 70842 79119 64382 84402 77767 88313 81647 81222 IV 83171 79694 74671 82574 80485 79670 83570 117294 74486 72538 82103 66465 85157 78529 89063 83032 82643
1999 I 83912 80480 75597 83271 83019 81148 85509 116811 76910 72969 81472 68158 85593 78010 90065 83578 83482 II 84568 81747 77386 84213 82729 83047 87906 115395 80111 73755 82409 70330 85950 78009 90636 84619 84178 III 85643 82729 78318 85224 84805 84979 90432 115306 83187 74367 84570 72881 87061 79646 91435 85664 85217 IV 87181 83896 79680 86269 87814 85457 90714 116684 83219 75278 86689 74629 88438 81416 92579 86758 86836
2000 I 87409 85169 80896 87574 86586 87955 94085 118937 86812 75867 88184 77656 87714 78194 93332 87633 87021 II 89114 85969 81340 88591 92581 90167 97556 123869 89896 75349 90688 80023 88884 81324 93347 88669 88743 III 89189 86811 82208 89413 91135 90487 98638 128533 90113 74027 92900 82818 88604 79747 93827 89054 88779 IV 89717 87579 82942 90197 91181 90764 99027 129064 90460 74091 92168 82757 88874 79379 94470 89625 89518
2001 I 89422 87928 83159 90621 86364 90227 98096 125506 90180 74430 90960 81550 90188 81069 95564 90079 89102 II 90009 88260 83398 91006 86084 88816 95517 125954 86853 75477 87991 79121 92061 82805 97518 90477 89755 III 89760 88648 84025 91251 84259 87875 93924 126665 84670 75885 83462 77205 91893 83361 96931 90385 89310 IV 90074 90036 87088 91657 79386 85649 90921 114639 84048 75240 81109 76285 93525 84368 98931 91169 90163
2002 I 90844 90347 86914 92251 82028 84863 88755 108414 82967 77249 82405 78196 94958 86376 100030 91352 90591 II 91327 90806 87328 92738 83018 84535 87330 102546 82740 79143 84641 80837 95870 88372 100302 91611 90915 III 91790 91422 88451 93063 83230 84429 86944 97994 83495 79604 85231 82170 96646 89772 100711 92022 91499 IV 91821 91746 88701 93428 83242 83820 85419 96553 81954 80820 84363 83647 97293 91289 100848 91950 91679
2003 I 92204 92210 89300 93811 83343 83937 85193 95591 81943 81601 83584 82638 97091 91315 100511 92337 91940 II 92986 93123 90947 94312 83865 86121 87543 98449 84144 83454 83313 83817 98534 95718 100201 93396 92830 III 94516 94377 93368 94921 86932 88919 89572 98237 86818 87708 85575 84803 98824 95812 100608 94875 94345 IV 95371 94890 93945 95399 90222 90584 90851 97780 88603 90085 89585 87966 98895 96511 100310 95451 95408
2004 I 95999 95730 94926 96164 90693 90405 90128 97210 87837 90898 91717 90207 99366 97749 100325 95972 96178 II 96617 96155 95138 96707 94634 93193 92565 98337 90666 94318 93154 93828 99730 98304 100575 96384 96580 III 97336 96996 96303 97372 95849 95158 95089 99325 93663 95274 93845 95199 100094 100010 100140 97226 97379 IV 98133 98044 97584 98293 97820 96765 97178 99414 96385 96030 95993 97613 99482 98778 99895 97957 97960
2005 I 99145 98825 98656 98917 99893 97949 98055 101195 96951 97776 97786 98181 99577 99190 99806 98816 99240 II 99586 99803 100017 99689 98113 99692 99498 100812 99015 100050 99885 99265 99685 99286 99922 99858 99588 III 100377 100561 100786 100439 99207 100977 100921 98696 101699 101075 99909 99876 100590 101608 99995 100680 100446 IV 100892 100811 100541 100955 102787 101381 101526 99297 102334 101099 102420 102677 100147 99915 100277 100646 100726
2006 I 102166 101843 102277 101612 104330 103749 105886 103696 106721 100024 106411 104622 101147 102763 100205 102059 102001 II 102581 102457 102633 102362 104183 103277 107797 109068 107314 95488 108200 105792 101232 101887 100851 102420 102370 III 102594 103071 103502 102841 102714 101952 108938 111771 107855 89974 108360 107058 101386 101792 101149 102464 102276 IV 103292 104030 104875 103582 99741 100520 109488 112185 108471 85182 112904 106924 101670 102066 101437 103438 103044
2007 I 103432 104608 105555 104107 98750 100223 111223 115080 109728 81458 114672 108480 101552 100828 101960 103700 103164 II 104362 105010 106055 104457 100953 101096 114118 122401 110781 78890 116571 109019 102401 102582 102288 104399 104153 III 105125 105472 106845 104750 100184 100749 116631 129246 111475 73635 120910 109282 103292 104950 102334 105240 105391 IV 105569 105783 107121 105081 97759 99491 118185 131584 112690 67531 124281 107828 103606 105236 102661 105894 106218
2008 I 105101 105515 105599 105465 94633 97363 117944 131860 112220 62104 125966 108203 104391 107703 102501 105606 105595 II 105447 105478 105719 105344 93176 96078 117269 134869 109945 59721 129793 107511 104838 108996 102473 105988 105947 III 104468 104458 103615 104884 89061 92989 114238 133594 106148 56484 128631 105698 105941 112058 102490 105190 105089 IV 102064 103096 100171 104576 80314 86480 107050 130057 97330 51072 121112 101518 106356 114518 101776 103181 102137
2009 I 100697 102681 100211 103924 69786 79032 98291 118743 89688 45843 111295 91526 106825 113639 102992 102365 100781 II 100618 102224 99684 103494 64480 75092 93667 108062 87704 43058 111460 87652 109307 117333 104794 102521 100681 III 100980 102757 101506 103385 64208 74501 91786 99980 88474 44799 115116 91196 110312 119129 105359 102826 101378 IV 101981 102747 101389 103429 70022 73352 90285 91848 89777 44257 121467 95312 110602 120352 105128 102682 102472
2010 I 102572 103377 102691 103729 73259 73180 90749 86033 92913 42934 123231 97689 109727 120535 103665 102718 103159 II 103142 104042 103531 104310 75792 75696 93411 88731 95582 45223 126079 102286 110498 123355 103292 103280 103902 III 103807 104685 104499 104795 78722 75515 95162 88245 98309 41570 129030 105672 110416 124468 102544 103440 104567 IV 104423 105736 106495 105380 77535 76913 97269 90222 100486 41720 132151 105680 109179 123172 101342 104475 105142
2011 I 104443 106559 107915 105903 76492 76660 96954 83055 103161 41577 134004 106787 107210 119864 100117 104624 105300 II 105084 106812 107655 106412 78778 78942 100297 89561 105120 41994 135352 106816 106985 120681 99317 105258 106022 III 105418 107251 108021 106886 79906 81835 104746 93866 109637 42139 137379 108037 106189 119351 98818 105871 106404 IV 106481 107790 109462 106970 85959 83807 107156 96449 111972 43361 137871 109345 105604 118024 98643 106271 107490
2012 I 106999 108443 110722 107318 87241 85785 109108 99421 113460 45433 139356 110179 104804 116751 98103 106897 107655 II 107408 108843 110922 107817 89029 87074 110536 99638 115439 46502 141176 111785 104425 116647 97574 107222
198 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1929 10593 10517 16312 7786 11298 15049 4650 24602 5275 15659 11318 6389 6924 4809 10362 10580 10614 10601 1930 10184 10073 15445 7563 10836 14344 4402 23616 5161 14177 9651 6192 6617 4675 9935 10172 10226 10213 ndash39 ndash41 ndash39 1931 9172 8995 13318 7031 10022 13354 4027 22385 4672 11155 7799 5880 6566 4395 8960 9162 9169 9159 ndash99 ndash98 ndash99 1932 8129 7934 11477 6352 8854 12089 3495 21113 3808 9675 6252 5352 6253 3956 7918 8120 8097 8088 ndash114 ndash116 ndash114 1933 7916 7652 11384 5953 8709 11882 3531 20284 3756 9674 5992 5511 6321 4096 7700 7908 7880 7872 ndash26 ndash28 ndash26 1934 8303 7999 12506 5876 9145 12297 3543 21428 4169 11218 6807 5929 6755 4420 8068 8296 8313 8306 49 48 49 1935 8468 8194 12834 6006 9188 12424 3708 21239 4109 11503 6920 5979 6834 4451 8226 8461 8482 8475 20 20 20 1936 8561 8268 12883 6103 9279 12404 3702 21206 4310 11891 7404 6159 7463 4432 8328 8553 8573 8565 11 12 11 1937 8876 8570 13347 6330 10084 13443 4206 22419 4728 12681 8263 6290 7584 4541 8651 8866 8944 8934 37 39 37 1938 8708 8376 12808 6336 10221 13548 4126 22959 4877 12095 7636 6303 7713 4505 8478 8697 8684 8673 ndash19 ndash20 ndash19 1939 8599 8295 12616 6319 10166 13404 4081 22717 4910 11932 8014 6201 7568 4441 8389 8586 8599 8586 ndash13 ndash10 ndash13 1940 8674 8365 12728 6369 10423 13712 4147 23325 5057 12942 8549 6129 7270 4480 8450 8661 8700 8687 09 07 09 1941 9239 8883 13770 6594 11193 14614 4438 24809 5524 14130 9029 6507 7651 4781 8988 9226 9285 9271 65 64 65 1942 10000 9989 16045 7059 12272 16154 4951 27285 5935 17073 10342 6539 7506 5284 9709 9984 10014 9998 82 80 82 1943 10562 10907 17888 7500 12808 16675 5381 27428 6424 18676 11132 6645 7577 5675 10253 10544 10556 10537 56 56 56 1944 10815 11534 19078 7845 13239 17011 5500 27955 7048 21035 11693 6559 7444 5895 10486 10795 10807 10787 24 23 24 1945 11091 11995 19950 8101 13658 17446 5744 28427 7524 20862 12021 6633 7512 6090 10764 11072 11093 11074 26 27 26 1946 12369 12831 21473 8593 15061 19298 6433 31118 8169 20164 13403 8213 9584 6654 12081 12353 12410 12394 115 122 116 1947 13743 14132 24057 9220 17688 22449 7798 35253 9784 23413 16058 8875 10168 7466 13414 13727 13755 13739 111 110 111 1948 14522 14932 25478 9706 19198 24383 8675 37794 10606 24661 17451 9218 10074 8346 14192 14506 14526 14510 57 58 57 1949 14515 14818 24887 9872 19572 24948 8645 39253 10747 23190 16633 9482 10503 8418 14210 14497 14499 14481 00 01 ndash01 1950 14628 14996 24968 10125 20006 25459 8753 40238 11012 22583 17667 9488 10442 8494 14373 14610 14656 14638 08 11 08 1951 15635 16016 26981 10624 21733 27902 9761 43656 11801 25515 21353 10118 10898 9365 15402 15614 15712 15690 69 72 69 1952 15976 16345 27241 11012 22264 28534 10021 44539 12125 25670 20580 10321 11005 9768 15709 15954 15982 15960 22 20 22 1953 16178 16563 27117 11440 22449 28790 10217 44647 12212 25598 19696 10429 11080 9958 15881 16157 16174 16153 13 11 13 1954 16342 16704 27016 11728 22619 29066 10093 45718 12261 25250 19965 10650 11337 10123 16059 16321 16322 16301 10 11 10 1955 16576 16772 26857 11930 22989 29462 10295 46151 12516 25466 19858 11093 11947 10320 16280 16557 16601 16582 14 14 14 1956 17148 17108 27314 12217 24341 31782 11176 49581 12835 26318 20208 11716 12562 10981 16831 17128 17170 17150 35 34 34 1957 17749 17628 28168 12574 25187 33406 11655 52392 12868 27316 20438 12234 13125 11456 17400 17727 17741 17720 35 34 35 1958 18157 18043 28809 12882 25249 33570 11468 53415 12836 27039 19589 12602 13663 11608 17779 18136 18139 18118 23 22 23 1959 18363 18314 28957 13229 25488 34011 11530 54395 12875 27094 19766 12653 13564 11851 17987 18344 18355 18336 11 12 11 1960 18620 18615 29184 13580 25624 34165 11516 54845 12962 27474 19955 12809 13677 12066 18235 18601 18612 18592 14 14 14 1961 18830 18810 29294 13826 25543 33970 11446 54544 12983 27892 19955 13065 13908 12357 18428 18811 18821 18802 11 11 11 1962 19087 19032 29444 14089 25559 33975 11537 54274 13003 27961 19720 13398 14202 12743 18670 19069 19078 19060 14 13 14 1963 19290 19254 29689 14305 25485 33971 11636 53975 12901 27898 20102 13690 14506 13028 18887 19273 19281 19264 11 12 11 1964 19589 19536 30013 14572 25640 34142 11801 53952 13003 28128 20526 14070 14995 13293 19191 19572 19580 19563 16 16 16 1965 19945 19819 30328 14845 26077 34532 12143 54001 13372 29023 20812 14444 15379 13662 19524 19929 19936 19920 18 17 18 1966 20511 20322 30996 15276 26626 35047 12580 54144 13857 29900 21297 15044 15914 14334 20071 20495 20502 20486 28 28 28 1967 21142 20834 31542 15785 27372 35939 12973 55344 14339 31045 21379 15671 16386 15137 20654 21126 21133 21116 31 29 31 1968 22040 21645 32642 16467 28472 37203 13621 56831 15100 31723 21704 16520 17287 15945 21526 22024 22031 22015 42 42 43 1969 23130 22626 33907 17324 29877 38740 14518 58411 16144 32796 22270 17517 18226 17013 22582 23112 23119 23101 49 49 49 1970 24349 23685 35200 18285 31162 40571 15473 60560 16666 34053 23587 18945 19699 18411 23798 24331 24338 24320 53 54 53 1971 25567 24692 36258 19284 32731 42479 16664 62360 17632 35310 25035 20421 21383 19720 25021 25549 25554 25537 50 51 50 1972 26670 25536 37186 20102 34135 43914 17863 63112 18703 36956 26789 21989 23471 20896 26134 26652 26657 26639 43 44 43 1973 28148 26913 39404 21077 36020 45605 19247 64184 20359 41816 31446 23594 25080 22495 27647 28134 28136 28121 55 58 56 1974 30695 29716 44322 22866 39568 50008 21910 68917 22460 51517 44989 25977 27315 24970 30484 30674 30690 30669 90 103 90 1975 33606 32198 47903 24834 44525 56893 24534 79100 24547 56781 48734 28586 30158 27410 33328 33584 33591 33570 95 93 95 1976 35535 33966 49777 26556 47106 60048 25741 83754 26124 58645 50201 30469 32302 29114 35238 35518 35519 35502 57 57 58 1977 37796 36171 52435 28558 50803 64157 27973 88730 28759 61033 54624 32583 34742 31005 37617 37780 37783 37767 64 68 64 1978 40447 38705 55653 30777 55094 68453 30675 93412 32281 64752 58482 34670 36888 33042 40286 40432 40435 40419 70 71 70 1979 43811 42137 60916 33350 60088 74013 34238 99335 35902 72545 68483 37575 39727 35976 43833 43795 43798 43782 83 88 83 1980 47817 46663 67737 36802 65710 80541 37421 107819 39789 79903 85301 41669 43900 40002 48448 47794 47791 47769 91 105 91 1981 52326 50833 72769 40555 71816 88316 42567 115524 43036 85810 89886 45768 48165 43975 52909 52306 52270 52251 94 92 94 1982 55514 53640 74753 43709 75747 93181 45927 120030 45340 86204 86855 48775 51434 46786 55906 55493 55459 55438 61 57 61 1983 57705 55948 76102 46429 75628 92350 44757 120284 46380 86544 83601 50717 53218 48857 57865 57687 57652 57635 39 35 40 1984 59874 58065 77541 48846 76070 92127 45147 119234 47713 87347 82879 53319 56358 51034 59904 59856 59817 59800 38 35 38 1985 61686 59965 78785 51049 77028 92850 46219 119090 48944 84674 80157 54974 57635 53002 61605 61672 61628 61614 30 28 30 1986 63057 61427 78417 53375 78870 94427 47106 120976 50994 83406 80154 55977 57938 54577 63000 63039 62991 62973 22 23 22 1987 64818 63618 80939 55409 80332 95275 47863 121637 53079 85516 85008 57541 58642 56849 64978 64803 64819 64804 28 31 28 1988 67047 66151 83072 58123 82415 97392 49895 123155 54913 89945 89074 59074 59884 58621 67215 67032 67046 67031 34 34 34 1989 69579 69025 86268 60840 84410 99435 51848 124695 56680 91443 91021 60924 61504 60654 69765 69572 69577 69570 38 38 38 1990 72274 72180 89801 63808 86125 101339 53522 126310 58011 92063 93630 63405 63548 63474 72601 72272 72262 72260 39 41 39 1991 74826 74789 91996 66581 87404 102906 54491 128112 58771 93283 92848 65606 66070 65443 74980 74821 74824 74819 35 33 35 1992 76602 76989 93106 69236 87152 102048 54502 126605 59486 92904 92922 67276 68101 66856 76788 76590 76598 76586 24 24 24 1993 78288 78679 93915 71294 88163 102100 56103 125322 61890 92879 92210 68949 69830 68494 78404 78289 78290 78291 22 21 22 1994 79935 80302 94870 73200 89352 102592 58089 124604 64069 93914 93075 70819 71725 70351 80029 79937 79940 79942 21 21 21
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
184 GDP and Other Major NIPA Series August 2012
Table 1 Gross Domestic ProductmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Net exports of
goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Percent change from preceding
period
Total Goods Services Total
Fixed investment
Change in
private invenshytories
Net Exports Imports Total Federal State and local
Gross domestic product
Final sales of
domestic product Total
Nonresidential
Resishydential Total Strucshy
tures
Equipshyment and
software
1980 27881 17558 7998 9560 4793 4856 3624 1362 2262 1232 ndash63 ndash131 2808 2938 5661 2437 3224 27945 28223 88 98 1981 31268 19395 8694 10701 5724 5426 4200 1673 2527 1226 298 ndash125 3052 3178 6275 2802 3473 30970 31598 121 108 1982 32532 20755 8993 11762 5172 5321 4265 1776 2489 1057 ndash149 ndash200 2832 3032 6804 3108 3697 32681 32897 40 55 1983 35346 22886 9738 13148 5643 5701 4172 1543 2629 1529 ndash58 ndash517 2770 3286 7334 3429 3905 35404 35717 87 83 1984 39309 25011 10637 14374 7356 6702 4896 1774 3122 1806 654 ndash1027 3024 4051 7969 3743 4226 38655 39672 112 92 1985 42175 27176 11376 15800 7362 7144 5262 1945 3317 1882 218 ndash1152 3020 4172 8789 4128 4661 41956 42440 73 85 1986 44601 28967 11956 17011 7465 7399 5198 1765 3433 2201 66 ndash1325 3203 4529 9493 4384 5109 44535 44777 58 61 1987 47364 30970 12563 18407 7850 7578 5241 1742 3499 2337 271 ndash1450 3638 5087 9994 4595 5399 47092 47540 62 57 1988 51004 33501 13373 20127 8216 8031 5638 1828 3810 2393 185 ndash1101 4439 5540 10389 4616 5773 50819 51238 77 79 1989 54821 35945 14238 21707 8749 8473 6077 1937 4140 2395 277 ndash879 5031 5910 11006 4814 6192 54545 55081 75 73 1990 58005 38355 14913 23442 8610 8464 6224 2029 4195 2240 145 ndash776 5521 6297 11817 5075 6742 57860 58350 58 61 1991 59921 39801 14974 24826 8029 8033 5982 1836 4146 2051 ndash04 ndash270 5966 6235 12361 5266 7095 59925 60220 33 36 1992 63423 42369 15633 26736 8648 8485 6121 1726 4396 2363 163 ndash328 6350 6678 12735 5329 7406 63260 63714 58 56 1993 66674 44836 16423 28412 9533 9325 6666 1772 4894 2660 208 ndash644 6556 7200 12948 5250 7698 66465 66985 51 51 1994 70852 47508 17466 30043 10973 10335 7314 1868 5446 3021 638 ndash927 7207 8134 13298 5186 8112 70214 71092 63 56 1995 74147 49873 18155 31717 11440 11129 8100 2073 6028 3029 312 ndash907 8119 9026 13740 5188 8553 73835 74443 47 52 1996 78385 52736 19177 33559 12402 12094 8754 2246 6508 3341 308 ndash963 8677 9640 14210 5270 8940 78077 78701 57 57 1997 83324 55706 20068 35639 13887 13177 9686 2503 7183 3491 710 ndash1014 9544 10558 14744 5310 9435 82614 83558 63 58 1998 87935 59185 21100 38085 15108 14471 10611 2751 7860 3859 637 ndash1618 9539 11157 15261 5310 9950 87298 88108 55 57 1999 93535 63428 22900 40528 16415 15807 11549 2839 8710 4258 608 ndash2621 9893 12514 16313 5549 10763 92927 93813 64 64 2000 99515 68304 24591 43712 17722 17177 12687 3181 9505 4490 545 ndash3821 10932 14753 17310 5761 11549 98969 99892 64 65 2001 102862 71488 25340 46148 16619 17002 12278 3297 8981 4724 ndash383 ndash3710 10277 13987 18464 6117 12347 103245 103381 34 43 2002 106423 74392 26100 48292 16470 16349 11254 2828 8427 5095 120 ndash4272 10030 14302 19833 6806 13027 106303 106914 35 30 2003 111422 78041 27280 50761 17297 17133 11357 2819 8538 5776 164 ndash5041 10410 15451 21126 7565 13561 111258 112109 47 47 2004 118533 82706 28921 53785 19686 19036 12230 3067 9164 6806 649 ndash6187 11802 17989 22328 8246 14082 117883 119445 64 60 2005 126230 88035 30767 57268 21723 21223 13473 3518 9956 7750 500 ndash7227 13051 20278 23699 8763 14936 125730 127201 65 67 2006 133772 93010 32247 60763 23271 22672 15053 4337 10717 7619 600 ndash7693 14710 22403 25184 9317 15867 133173 134496 60 59 2007 140287 97723 33639 64083 22952 22661 16375 5249 11126 6287 291 ndash7131 16617 23748 26742 9763 16979 139996 141519 49 51 2008 142915 100355 33817 66538 20876 21287 16563 5863 10700 4724 ndash411 ndash7097 18468 25565 28781 10801 17980 143327 144607 19 24 2009 139737 98459 31944 66515 15493 17035 13493 4511 8982 3541 ndash1542 ndash3887 15874 19762 29672 11436 18236 141279 141172 ndash22 ndash14 2010 144989 102157 33649 68509 17373 16790 13384 3763 9621 3406 584 ndash5116 18444 23561 30575 12231 18344 144406 147082 38 22 2011 150757 107290 36248 71042 18549 18183 14796 4048 10747 3387 366 ndash5681 20942 26623 30598 12221 18377 150390 153275 40 41
1947 I 2372 1563 956 607 337 332 228 79 149 104 05 109 184 75 363 233 130 2367 2381 II 2404 1602 983 619 324 336 232 79 152 104 ndash12 113 195 82 366 232 134 2416 2415 56 87 III 2445 1637 1004 633 327 356 233 83 150 123 ndash29 118 194 77 363 223 140 2474 2456 70 99 IV 2543 1678 1035 644 410 396 245 84 161 151 15 93 176 83 362 215 147 2529 2556 171 91
1948 I 2603 1705 1051 654 450 413 262 88 173 152 36 73 169 96 375 224 152 2567 2617 97 62 II 2673 1743 1072 671 481 422 260 93 167 163 59 52 152 100 397 237 159 2614 2687 111 76 III 2738 1772 1087 685 502 431 270 99 171 161 72 49 154 105 414 246 168 2666 2753 101 82 IV 2751 1781 1087 694 491 431 281 101 180 150 60 45 146 101 434 260 175 2691 2766 19 38
1949 I 2699 1770 1072 698 409 405 266 97 168 140 04 65 161 96 455 275 180 2696 2713 ndash73 07 II 2662 1786 1083 703 340 392 255 94 161 137 ndash51 63 156 94 473 285 187 2713 2675 ndash54 27 III 2676 1780 1076 704 373 386 241 89 152 145 ndash13 52 141 89 471 277 195 2689 2689 22 ndash35 IV 2652 1804 1093 711 352 399 235 87 148 163 ndash47 30 121 91 466 269 197 2699 2663 ndash36 14
1950 I 2752 1831 1108 723 444 423 242 91 151 181 20 22 117 95 455 255 200 2732 2764 160 50 II 2845 1870 1126 744 499 470 266 95 171 204 28 16 119 102 460 257 204 2817 2858 143 131 III 3019 2007 1240 767 561 520 296 103 193 223 42 ndash07 123 130 458 249 210 2978 3035 268 248 IV 3133 1981 1199 782 659 519 306 110 196 213 140 ndash02 135 137 495 278 216 2993 3149 160 21
1951 I 3290 2094 1276 818 621 517 309 115 194 208 104 02 150 149 573 352 221 3186 3305 215 284 II 3366 2051 1222 830 648 501 318 122 197 182 148 19 171 152 647 418 229 3218 3385 96 42 III 3435 2078 1234 844 594 496 325 123 202 172 97 37 181 143 726 491 234 3338 3455 84 157 IV 3479 2118 1258 859 544 496 322 119 202 175 47 42 182 140 776 539 237 3432 3501 52 118
1952 I 3512 2131 1255 876 552 505 324 120 204 180 47 37 187 150 791 553 238 3465 3532 38 39 II 3521 2173 1276 897 499 514 329 121 208 185 ndash15 20 166 146 830 584 246 3537 3542 11 86 III 3585 2198 1279 918 539 483 298 122 177 185 56 00 152 153 848 604 244 3529 3605 74 ndash08 IV 3714 2279 1341 939 571 519 325 126 199 194 53 ndash10 153 163 873 624 250 3661 3733 151 158
1953 I 3784 2315 1357 958 579 540 343 131 212 197 39 ndash07 151 158 896 639 258 3745 3803 78 95 II 3820 2333 1356 977 581 546 348 135 213 198 36 ndash13 152 164 918 662 256 3784 3840 39 42 III 3811 2340 1344 996 574 551 359 137 221 192 23 ndash06 158 163 902 639 263 3788 3829 ndash09 04 IV 3759 2335 1336 998 523 544 354 140 214 189 ndash20 ndash03 152 155 904 635 269 3779 3777 ndash54 ndash09
1954 I 3752 2355 1342 1013 515 535 345 139 206 190 ndash20 ndash04 144 148 885 608 278 3772 3772 ndash07 ndash07 II 3760 2383 1350 1033 512 546 343 139 204 203 ndash34 03 164 162 862 577 285 3793 3780 08 23 III 3808 2407 1354 1053 547 568 350 139 211 218 ndash21 06 159 153 848 553 295 3829 3828 52 38 IV 3894 2455 1385 1070 578 581 349 138 211 232 ndash03 11 166 155 850 552 298 3897 3918 94 74
1955 I 4026 2518 1429 1089 642 604 354 143 211 250 38 11 173 162 854 546 308 3988 4050 142 96 II 4109 2569 1468 1101 681 635 379 147 231 256 46 ndash02 169 171 860 547 313 4063 4133 85 77 III 4194 2611 1494 1118 700 657 404 154 250 252 43 07 181 174 876 558 318 4152 4219 86 91 IV 4260 2651 1505 1147 739 666 425 162 263 242 72 02 183 181 867 543 324 4188 4285 64 35
1956 I 4283 2667 1502 1165 730 666 429 174 254 237 64 04 194 189 882 547 335 4219 4311 22 30 II 4342 2694 1511 1183 714 678 439 180 259 239 36 19 209 190 914 571 344 4306 4370 56 85 III 4392 2726 1521 1205 725 689 454 186 268 235 36 26 218 193 915 564 351 4356 4421 47 48 IV 4481 2780 1552 1228 712 690 459 187 272 230 22 45 231 185 943 585 358 4458 4506 83 97
1957 I 4572 2824 1580 1244 718 696 470 188 282 226 22 48 249 201 981 610 371 4550 4603 84 85 II 4592 2847 1586 1261 719 693 471 190 281 222 27 41 244 203 984 604 380 4565 4625 18 13 III 4664 2893 1612 1281 732 704 484 191 293 220 28 40 238 198 998 612 387 4636 4696 64 63 IV 4615 2910 1605 1304 649 694 475 189 286 219 ndash45 34 230 196 1023 627 396 4660 4640 ndash41 21
August 2012 SURVEY OF CURRENT BUSINESS 185
Table 1 Gross Domestic ProductmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Net exports of
goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Percent change from preceding
period
Total Goods Services Total
Fixed investment
Change in
private invenshytories
Net Exports Imports Total Federal State and local
Gross domestic product
Final sales of
domestic product Total
Nonresidential
Resishydential Total Strucshy
tures
Equipshyment and
software
1958 I 4539 2905 1593 1313 605 645 436 181 255 209 ndash40 11 205 195 1018 612 406 4579 4566 ndash64 ndash68 II 4580 2934 1598 1336 587 630 420 176 244 210 ndash42 05 205 201 1054 638 416 4623 4607 37 38 III 4717 2985 1624 1360 655 639 414 173 241 225 15 09 206 197 1069 642 427 4702 4743 125 70 IV 4850 3023 1648 1375 732 680 431 176 255 249 52 ndash03 206 208 1097 660 437 4797 4876 117 84
1959 I 4955 3101 1697 1403 762 723 445 174 271 278 39 04 218 214 1088 643 445 4916 4981 89 103 II 5085 3161 1726 1435 822 749 461 180 281 288 73 00 226 225 1102 654 447 5012 5111 109 80 III 5093 3213 1745 1468 764 761 478 186 291 283 04 06 235 229 1110 662 448 5089 5121 07 63 IV 5132 3234 1736 1498 793 752 477 185 292 275 41 06 231 225 1100 654 446 5091 5163 31 01
1960 I 5270 3269 1751 1519 891 779 495 194 302 284 112 27 260 233 1082 624 458 5158 5299 111 53 II 5262 3328 1784 1544 797 765 503 195 309 261 32 42 276 235 1095 624 472 5229 5292 ndash06 57 III 5290 3328 1775 1553 787 744 490 194 296 253 43 42 270 229 1133 653 481 5246 5321 21 13 IV 5237 3347 1771 1576 681 739 486 200 286 253 ndash58 58 275 217 1151 663 488 5295 5270 ndash40 37
1961 I 5280 3352 1756 1596 703 728 475 199 276 253 ndash25 58 275 217 1167 660 507 5305 5315 33 08 II 5390 3402 1776 1626 758 740 484 196 288 255 18 55 274 219 1176 668 508 5372 5424 87 52 III 5495 3431 1792 1639 824 757 488 197 291 269 67 39 272 233 1201 686 516 5428 5530 80 42 IV 5626 3503 1828 1675 842 782 504 196 308 278 60 44 283 239 1236 702 534 5566 5662 99 106
1962 I 5761 3556 1855 1701 894 800 516 200 316 284 94 40 283 243 1271 734 537 5666 5797 99 74 II 5832 3612 1878 1734 879 825 532 208 324 292 54 58 307 249 1283 739 544 5778 5872 51 81 III 5900 3651 1895 1756 893 831 539 214 325 292 62 38 290 251 1318 766 552 5838 5941 47 43 IV 5933 3714 1930 1784 860 826 535 209 326 291 34 28 284 256 1332 770 561 5900 5981 23 43
1963 I 6025 3750 1950 1799 905 836 534 202 332 302 69 39 291 252 1331 755 576 5956 6070 63 39 II 6112 3791 1967 1824 922 873 551 212 339 322 48 65 324 259 1334 749 585 6063 6155 59 74 III 6239 3861 1999 1862 950 893 568 214 354 325 57 39 306 267 1390 788 602 6182 6284 86 81 IV 6335 3907 2010 1897 974 923 587 219 368 337 51 54 322 268 1399 784 615 6284 6381 62 68
1964 I 6496 4004 2066 1937 1007 955 601 224 377 354 51 73 342 270 1413 786 627 6445 6547 106 106 II 6589 4084 2109 1974 1006 961 619 234 385 342 45 71 348 277 1429 784 645 6544 6637 58 63 III 6705 4173 2163 2010 1025 978 641 243 398 337 47 64 348 284 1444 789 655 6658 6755 72 71 IV 6756 4198 2152 2047 1046 996 657 248 409 338 50 69 362 293 1443 778 665 6706 6803 31 29
1965 I 6957 4305 2227 2079 1157 1041 703 261 441 339 115 46 331 285 1449 771 678 6841 7011 124 83 II 7081 4375 2256 2119 1158 1073 731 282 449 342 86 75 391 317 1474 775 699 6996 7138 74 93 III 7252 4466 2308 2159 1197 1104 761 285 475 343 93 49 369 320 1540 815 725 7159 7304 100 97 IV 7475 4606 2397 2209 1218 1142 797 304 493 345 76 55 395 339 1596 855 741 7399 7522 129 141
1966 I 7708 4710 2464 2246 1317 1179 830 311 519 348 139 44 394 350 1636 876 760 7569 7758 131 95 II 7799 4761 2470 2292 1307 1184 852 312 540 332 123 52 415 362 1679 900 779 7676 7850 48 58 III 7931 4853 2521 2332 1302 1183 864 319 545 319 119 22 404 382 1755 956 799 7813 7981 70 73 IV 8069 4911 2530 2381 1327 1161 870 312 557 292 165 36 424 388 1796 965 830 7904 8122 71 48
1967 I 8178 4954 2535 2419 1293 1139 856 317 539 283 154 46 440 394 1885 1030 854 8023 8230 55 62 II 8223 5046 2585 2460 1237 1173 857 309 548 316 63 45 435 390 1896 1027 868 8160 8274 22 70 III 8370 5118 2605 2513 1285 1192 858 315 543 334 93 29 424 395 1938 1054 883 8277 8427 73 59 IV 8527 5194 2635 2558 1329 1245 884 320 565 360 84 22 439 417 1982 1073 909 8443 8583 77 82
1968 I 8798 5373 2744 2630 1372 1288 919 331 588 369 84 11 455 444 2041 1101 940 8713 8856 133 135 II 9041 5511 2809 2703 1434 1293 912 332 580 382 141 19 474 454 2076 1106 970 8900 9101 115 88 III 9193 5673 2904 2769 1397 1320 932 332 599 389 77 13 495 482 2109 1117 992 9116 9255 69 101 IV 9362 5762 2928 2834 1444 1383 974 348 626 409 60 11 492 482 2146 1126 1020 9302 9425 76 84
1969 I 9609 5884 2988 2896 1557 1442 1010 358 652 432 115 02 440 438 2165 1121 1044 9494 9672 110 85 II 9761 5998 3027 2971 1557 1464 1030 367 664 434 92 12 539 527 2194 1120 1074 9669 9823 65 76 III 9963 6101 3066 3035 1603 1501 1069 389 680 432 102 10 533 524 2249 1154 1095 9861 10023 85 82 IV 10045 6221 3106 3115 1541 1483 1076 394 682 407 58 33 565 531 2249 1136 1113 9987 10105 33 52
1970 I 10171 6332 3141 3191 1507 1488 1081 395 687 407 18 34 569 535 2298 1150 1149 10153 10234 51 68 II 10331 6431 3176 3256 1539 1488 1094 403 691 394 51 54 606 552 2306 1127 1180 10280 10397 64 51 III 10505 6551 3217 3334 1561 1510 1106 406 700 404 51 38 603 564 2355 1127 1227 10454 10571 69 70 IV 10527 6618 3218 3400 1489 1529 1079 408 671 450 ndash40 32 611 579 2388 1133 1256 10567 10587 08 44
1971 I 10981 6808 3339 3469 1713 1590 1104 415 689 486 123 44 631 587 2416 1128 1287 10858 11055 184 115 II 11188 6949 3398 3550 1788 1679 1134 423 710 546 109 ndash02 631 633 2453 1135 1318 11079 11267 78 84 III 11391 7073 3439 3634 1834 1732 1148 431 717 583 102 ndash01 654 655 2485 1147 1338 11289 11463 75 78 IV 11514 7235 3509 3726 1792 1795 1180 438 742 615 ndash03 ndash17 603 619 2503 1136 1368 11517 11591 44 83
1972 I 11901 7409 3577 3831 1932 1899 1233 458 776 666 32 ndash35 686 722 2596 1197 1399 11869 11983 142 128 II 12256 7594 3684 3910 2065 1945 1263 466 797 682 120 ndash43 672 714 2639 1226 1413 12136 12337 124 93 III 12493 7779 3777 4003 2124 1986 1291 473 818 696 137 ndash26 715 741 2616 1168 1448 12356 12582 80 75 IV 12866 8027 3915 4112 2184 2109 1366 490 876 743 75 ndash31 761 792 2686 1194 1492 12791 12956 125 149
1973 I 13351 8273 4073 4200 2325 2220 1441 513 928 779 106 ndash14 840 854 2767 1233 1534 13245 13458 160 150 II 13715 8429 4127 4302 2460 2278 1521 541 980 758 182 25 919 895 2800 1233 1568 13533 13831 113 90 III 13907 8614 4207 4406 2418 2320 1570 568 1001 750 98 64 976 911 2811 1203 1608 13809 14046 57 84 IV 14318 8765 4259 4506 2576 2326 1599 577 1022 727 250 90 1076 987 2888 1228 1659 14068 14461 124 77
1974 I 14465 8947 4355 4592 2441 2315 1626 590 1036 690 125 64 1167 1103 3014 1286 1728 14340 14636 42 80 II 14848 9232 4486 4746 2523 2349 1674 613 1061 675 174 ndash27 1267 1294 3120 1311 1810 14674 15012 110 97 III 15137 9520 4640 4880 2454 2399 1725 614 1111 674 56 ndash70 1266 1336 3232 1361 1871 15081 15289 80 116 IV 15528 9618 4581 5038 2558 2354 1754 632 1121 600 204 00 1366 1366 3351 1425 1926 15323 15661 107 66
1975 I 15694 9881 4680 5201 2187 2287 1710 617 1093 577 ndash100 165 1414 1249 3462 1440 2022 15795 15808 44 129 II 16050 10168 4815 5353 2168 2307 1708 604 1104 599 ndash140 216 1368 1152 3498 1449 2049 16189 16166 94 104 III 16624 10506 5028 5479 2378 2392 1746 613 1133 646 ndash14 120 1341 1221 3620 1513 2107 16638 16754 151 116 IV 17139 10796 5131 5665 2476 2473 1786 620 1166 687 03 138 1425 1287 3729 1560 2169 17136 17299 130 125
186 GDP and Other Major NIPA Series August 2012
Table 1 Gross Domestic ProductmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Net exports of
goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Percent change from preceding
period
Total Goods Services Total
Fixed investment
Change in
private invenshytories
Net Exports Imports Total Federal State and local
Gross domestic product
Final sales of
domestic product Total
Nonresidential
Resishydential Total Strucshy
tures
Equipshyment and
software
1976 I 17719 11134 5307 5826 2748 2601 1839 641 1198 762 147 47 1436 1389 3791 1563 2228 17572 17877 142 106 II 18042 11330 5390 5941 2916 2691 1885 651 1234 807 224 ndash05 1466 1471 3801 1578 2223 17818 18209 75 57 III 18377 11624 5505 6120 2965 2757 1951 667 1284 806 208 ndash41 1518 1558 3828 1598 2230 18169 18548 76 81 IV 18845 11962 5651 6311 3049 2944 2019 678 1341 925 105 ndash66 1561 1627 3900 1648 2252 18740 19024 106 132
1977 I 19385 12317 5804 6513 3266 3118 2142 697 1445 976 148 ndash211 1554 1764 4013 1698 2315 19237 19593 120 110 II 20052 12597 5929 6667 3549 3354 2238 736 1501 1117 195 ndash211 1619 1830 4118 1748 2370 19858 20260 145 135 III 20660 12909 6039 6870 3784 3475 2325 764 1561 1150 309 ndash206 1623 1829 4173 1765 2408 20351 20869 127 103 IV 21108 13291 6243 7048 3855 3614 2445 785 1659 1169 241 ndash296 1578 1874 4258 1805 2453 20867 21296 90 105
1978 I 21491 13591 6292 7298 3968 3713 2504 800 1703 1210 255 ndash387 1646 2033 4319 1829 2490 21236 21712 74 73 II 22747 14167 6610 7557 4309 4066 2760 903 1858 1306 243 ndash226 1862 2088 4497 1892 2606 22505 22935 255 261 III 23352 14477 6724 7754 4514 4264 2906 986 1920 1358 250 ndash238 1913 2151 4599 1924 2674 23103 23561 111 111 IV 24160 14870 6917 7953 4728 4443 3053 1055 1998 1390 285 ndash164 2054 2218 4727 1991 2736 23876 24406 146 141
1979 I 24633 15226 7079 8147 4811 4573 3188 1079 2109 1385 239 ndash182 2117 2298 4778 2022 2755 24395 24890 81 90 II 25264 15632 7222 8410 4930 4656 3249 1128 2121 1406 274 ndash222 2209 2431 4925 2079 2846 24990 25559 107 101 III 25997 16177 7533 8644 4979 4857 3423 1218 2205 1435 121 ndash230 2343 2573 5072 2117 2955 25876 26358 121 149 IV 26594 16612 7684 8928 4995 4910 3496 1283 2213 1414 86 ndash268 2537 2805 5255 2204 3050 26508 26959 95 101
1980 I 27241 17080 7920 9160 5052 4953 3613 1326 2288 1340 99 ndash358 2685 3043 5467 2316 3151 27142 27621 101 99 II 27280 17100 7778 9322 4704 4627 3509 1323 2186 1117 78 ndash152 2774 2926 5627 2430 3198 27203 27638 06 09 III 27852 17687 8019 9669 4435 4773 3611 1358 2253 1163 ndash339 55 2847 2792 5675 2436 3240 28190 28196 86 153 IV 29153 18366 8275 10091 4979 5070 3762 1441 2322 1308 ndash91 ndash67 2925 2992 5875 2567 3307 29244 29438 200 158
1981 I 30514 18924 8601 10323 5631 5244 3931 1500 2430 1313 388 ndash143 3055 3197 6101 2665 3436 30126 30828 200 126 II 30843 19240 8638 10602 5514 5397 4108 1610 2498 1289 117 ndash135 3084 3220 6224 2787 3438 30726 31143 44 82 III 31770 19634 8811 10824 5928 5488 4284 1697 2586 1204 440 ndash76 3023 3099 6284 2814 3470 31331 32097 126 81 IV 31947 19782 8725 11057 5822 5574 4478 1885 2593 1096 248 ndash148 3047 3194 6490 2941 3548 31699 32323 22 48
1982 I 31849 20162 8863 11299 5265 5480 4432 1866 2566 1048 ndash215 ndash163 2932 3095 6585 2987 3599 32064 32209 ndash12 47 II 32409 20427 8879 11547 5308 5350 4320 1825 2496 1029 ndash42 ndash44 2947 2991 6719 3051 3668 32451 32819 72 49 III 32744 20907 9018 11889 5287 5229 4194 1729 2465 1035 58 ndash297 2796 3093 6847 3123 3724 32686 33094 42 29 IV 33125 21524 9211 12313 4829 5228 4112 1683 2430 1115 ndash398 ndash296 2653 2949 7067 3270 3797 33523 33466 47 107
1983 I 33810 21922 9259 12663 4966 5317 4005 1586 2419 1312 ndash351 ndash246 2707 2953 7167 3328 3839 34160 34150 85 78 II 34822 22564 9626 12937 5422 5499 4029 1495 2534 1470 ndash77 ndash454 2725 3180 7291 3421 3870 34899 35190 125 89 III 35871 23265 9908 13357 5777 5819 4195 1526 2668 1624 ndash42 ndash652 2782 3434 7481 3541 3940 35913 36250 126 121 IV 36881 23792 10158 13634 6407 6168 4460 1566 2893 1708 239 ndash714 2866 3580 7397 3424 3973 36642 37278 118 84
1984 I 38074 24255 10379 13876 7097 6367 4601 1657 2943 1766 730 ndash950 2930 3880 7672 3592 4080 37344 38444 136 79 II 39063 24841 10636 14205 7351 6658 4844 1758 3086 1814 693 ndash1043 3022 4065 7914 3739 4174 38370 39438 108 114 III 39760 25228 10666 14561 7535 6821 5007 1825 3182 1814 713 ndash1039 3057 4096 8036 3752 4284 39046 40133 73 72 IV 40340 25720 10866 14853 7443 6963 5133 1855 3278 1830 480 ndash1078 3086 4164 8255 3888 4367 39860 40672 60 86
1985 I 41172 26434 11104 15330 7200 7038 5205 1949 3256 1833 162 ndash919 3054 3973 8456 3980 4476 41010 41435 85 120 II 41757 26874 11260 15614 7353 7137 5285 1952 3333 1851 216 ndash1154 3031 4186 8684 4076 4607 41540 42043 58 53 III 42583 27559 11569 15989 7272 7109 5222 1922 3299 1888 163 ndash1186 2956 4142 8939 4207 4732 42420 42825 82 87 IV 43187 27837 11571 16266 7622 7291 5336 1958 3378 1955 331 ndash1349 3040 4389 9077 4246 4830 42856 43458 58 42
1986 I 43824 28272 11709 16564 7638 7335 5272 1917 3355 2063 303 ndash1274 3120 4394 9188 4213 4975 43521 44060 60 64 II 44232 28592 11747 16844 7530 7373 5175 1745 3430 2198 157 ndash1298 3142 4440 9409 4347 5062 44076 44397 38 52 III 44913 29306 12167 17139 7325 7395 5135 1690 3444 2261 ndash70 ndash1393 3202 4594 9674 4519 5155 44983 45098 63 85 IV 45433 29699 12201 17498 7367 7495 5212 1709 3503 2283 ndash127 ndash1336 3350 4686 9702 4458 5244 45560 45553 47 52
1987 I 46111 30048 12159 17889 7650 7370 5068 1669 3399 2301 280 ndash1410 3367 4777 9824 4516 5309 45831 46252 61 24 II 46867 30719 12514 18205 7676 7511 5182 1696 3486 2329 165 ndash1473 3550 5023 9946 4586 5360 46702 47052 67 78 III 47645 31383 12812 18571 7695 7685 5342 1776 3567 2342 10 ndash1457 3716 5173 10025 4605 5420 47635 47825 68 82 IV 48831 31730 12767 18962 8378 7747 5372 1827 3545 2375 631 ndash1457 3918 5375 10181 4675 5506 48200 49031 103 48
1988 I 49486 32535 13088 19447 7976 7806 5462 1786 3676 2344 170 ndash1244 4184 5427 10219 4601 5618 49316 49740 55 96 II 50593 33130 13268 19863 8204 8007 5623 1842 3782 2384 197 ndash1072 4389 5461 10330 4590 5740 50396 50826 92 90 III 51428 33804 13412 20392 8257 8075 5675 1835 3840 2400 182 ndash1002 4527 5528 10369 4561 5808 51246 51639 68 69 IV 52510 34533 13725 20808 8426 8235 5791 1849 3942 2444 191 ndash1087 4656 5743 10638 4711 5927 52319 52747 87 86
1989 I 53603 35077 13890 21187 8841 8359 5913 1895 4018 2446 482 ndash1021 4840 5862 10707 4693 6014 53122 53839 86 63 II 54536 35700 14211 21489 8782 8421 6019 1896 4123 2402 360 ndash895 5058 5954 10950 4814 6136 54175 54766 71 82 III 55329 36268 14419 21848 8703 8604 6219 1977 4242 2384 100 ndash763 5082 5844 11121 4890 6232 55230 55584 59 80 IV 55817 36735 14432 22303 8673 8506 6158 1981 4178 2348 166 ndash836 5145 5982 11246 4861 6385 55651 56134 36 31
1990 I 57081 37587 14896 22692 8800 8661 6269 2041 4227 2392 139 ndash892 5376 6268 11586 5008 6578 56942 57383 94 96 II 57974 38118 14793 23326 8825 8488 6179 2046 4133 2309 337 ndash684 5464 6148 11714 5060 6654 57637 58285 64 50 III 58506 38752 14967 23785 8668 8449 6261 2055 4206 2188 219 ndash744 5557 6301 11830 5050 6780 58288 58772 37 46 IV 58460 38960 14997 23963 8146 8259 6189 1974 4215 2070 ndash113 ndash785 5688 6473 12138 5182 6956 58573 58958 ndash03 20
1991 I 58802 39097 14858 24239 7879 8034 6082 1949 4133 1952 ndash155 ndash456 5747 6203 12281 5292 6989 58957 59181 24 26 II 59620 39633 14970 24663 7841 8021 6014 1899 4115 2007 ndash180 ndash216 5923 6139 12362 5317 7045 59800 59889 57 58 III 60337 40087 15087 25000 8053 8044 5941 1775 4166 2103 08 ndash195 6022 6217 12392 5260 7132 60328 60572 49 36 IV 60925 40386 14982 25404 8343 8032 5890 1722 4169 2142 311 ndash212 6171 6383 12408 5192 7215 60614 61238 40 19
1992 I 61907 41401 15338 26063 8102 8100 5856 1699 4157 2244 02 ndash185 6273 6458 12588 5257 7331 61905 62214 66 88 II 62952 41935 15482 26453 8654 8422 6071 1706 4365 2351 232 ndash311 6279 6590 12673 5289 7384 62720 63255 69 54 III 63897 42677 15731 26945 8768 8563 6190 1730 4460 2373 205 ndash365 6414 6779 12817 5386 7431 63692 64168 61 63 IV 64936 43462 15979 27484 9067 8853 6367 1767 4600 2486 214 ndash453 6432 6885 12860 5384 7477 64722 65221 67 66
1993 I 65445 43849 16070 27779 9313 8954 6428 1737 4691 2526 359 ndash543 6450 6993 12826 5268 7558 65086 65811 32 23 II 66227 44521 16342 28179 9423 9182 6603 1751 4852 2579 241 ndash620 6543 7163 12903 5229 7674 65986 66530 49 57 III 66883 45163 16492 28671 9434 9368 6675 1775 4900 2693 66 ndash679 6514 7193 12966 5224 7742 66817 67248 40 51 IV 68138 45811 16791 29020 9964 9798 6957 1824 5133 2841 166 ndash734 6717 7450 13097 5279 7819 67972 68352 77 71
August 2012 SURVEY OF CURRENT BUSINESS 187
Table 1 Gross Domestic ProductmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Net exports of
goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Percent change from preceding
period
Gross domestic product
Final sales of
domestic product
Total Goods Services Total
Fixed investment
Change in
private invenshytories
Net Exports Imports Total Federal State and local Total
Nonresidential
Resishydential Total Strucshy
tures
Equipshyment and
software
1994 I 69163 46504 17057 29447 10436 9983 7048 1762 5286 2935 453 ndash807 6812 7618 13029 5120 7910 68710 69446 62 44 II 70443 47098 17268 29830 11069 10255 7205 1874 5331 3050 814 ndash913 7063 7976 13188 5150 8037 69629 70687 76 55 III 71318 47863 17589 30274 10929 10397 7347 1894 5453 3049 532 ndash967 7371 8338 13493 5291 8202 70786 71538 51 68 IV 72482 48567 17948 30618 11457 10705 7656 1941 5716 3049 752 ndash1023 7583 8606 13481 5182 8299 71730 72698 67 54
1995 I 73077 48887 17881 31006 11606 10995 7977 2014 5963 3018 611 ndash1062 7807 8869 13646 5231 8415 72465 73392 33 42 II 73558 49575 18039 31536 11327 10989 8055 2067 5987 2935 337 ndash1106 7977 9083 13763 5217 8546 73221 73903 27 42 III 74525 50229 18262 31967 11262 11149 8112 2105 6006 3038 113 ndash754 8305 9058 13788 5201 8587 74412 74731 54 67 IV 75425 50801 18439 32362 11567 11382 8258 2105 6154 3124 185 ndash706 8386 9092 13764 5102 8662 75241 75746 49 45
1996 I 76382 51565 18710 32855 11700 11632 8414 2144 6270 3218 69 ndash891 8476 9367 14007 5279 8728 76313 76766 52 58 II 78000 52488 19159 33329 12278 11974 8605 2199 6406 3369 305 ndash938 8590 9528 14171 5309 8862 77695 78299 87 74 III 78927 53044 19259 33785 12798 12287 8890 2255 6635 3397 511 ndash1140 8597 9738 14226 5236 8989 78416 79193 48 38 IV 80230 53847 19579 34268 12831 12485 9106 2386 6720 3379 346 ndash883 9043 9926 14435 5255 9180 79883 80547 68 77
1997 I 81370 54671 19867 34804 13206 12708 9301 2430 6871 3407 498 ndash1081 9191 10272 14574 5236 9337 80872 81601 58 50 II 82768 55040 19745 35295 13850 12966 9499 2431 7069 3467 884 ndash847 9550 10397 14724 5335 9390 81884 83077 71 51 III 84099 56133 20205 35929 14149 13469 9956 2551 7405 3513 680 ndash962 9747 10709 14779 5324 9456 83419 84331 66 77 IV 85057 56981 20454 36528 14341 13563 9988 2599 7389 3575 778 ndash1165 9689 10853 14900 5344 9556 84280 85223 46 42
1998 I 86006 57575 20452 37123 14949 13899 10250 2607 7643 3649 1051 ndash1345 9638 10982 14826 5195 9631 84955 86260 45 32 II 86986 58702 20906 37796 14715 14342 10558 2777 7781 3784 373 ndash1618 9478 11096 15187 5348 9839 86613 87214 46 80 III 88472 59680 21218 38462 15127 14603 10667 2801 7865 3936 524 ndash1739 9360 11099 15404 5318 10086 87948 88568 70 63 IV 90275 60782 21825 38957 15640 15039 10971 2820 8151 4068 600 ndash1771 9679 11450 15625 5379 10246 89675 90390 84 81
1999 I 91486 61574 22071 39503 16173 15340 11207 2828 8379 4133 833 ndash2120 9587 11706 15858 5412 10446 90653 91714 55 44 II 92526 62900 22756 40143 16047 15697 11474 2812 8662 4223 351 ndash2509 9712 12222 16088 5443 10645 92175 92805 46 69 III 94051 63989 23144 40844 16445 16039 11745 2830 8915 4294 406 ndash2829 9988 12817 16446 5589 10857 93645 94301 68 65 IV 96077 65249 23628 41621 16995 16152 11770 2888 8882 4381 843 ndash3025 10285 13310 16859 5753 11106 95234 96432 89 70
2000 I 97095 66830 24179 42651 16888 16728 12235 2978 9257 4492 161 ndash3579 10528 14107 16956 5624 11332 96935 97405 43 73 II 99491 67757 24427 43329 18109 17205 12701 3130 9571 4505 904 ndash3644 10892 14536 17269 5832 11437 98587 99835 102 70 III 100175 68817 24755 44062 17917 17345 12884 3282 9602 4460 572 ndash3959 11191 15150 17400 5794 11606 99602 100480 28 42 IV 101298 69811 25004 44807 17974 17429 12927 3335 9592 4502 545 ndash4100 11118 15218 17613 5793 11820 100753 101849 46 47
2001 I 101651 70581 25068 45514 17013 17320 12737 3290 9447 4583 ndash307 ndash3954 10971 14925 18011 5943 12067 101957 102062 14 49 II 103013 71187 25184 46003 16994 17110 12406 3353 9054 4704 ndash116 ndash3638 10566 14203 18469 6087 12382 103129 103509 55 47 III 103052 71512 25240 46273 16704 17005 12196 3426 8771 4809 ndash301 ndash3670 9971 13642 18506 6163 12342 103353 103322 02 09 IV 103731 72672 25869 46803 15766 16574 11773 3120 8653 4801 ndash808 ndash3578 9601 13179 18872 6274 12598 104539 104631 27 47
2002 I 104987 73090 25696 47394 16280 16414 11495 2978 8517 4919 ndash134 ndash3749 9734 13483 19366 6578 12789 105121 105497 49 22 II 106019 74034 25992 48041 16481 16349 11283 2848 8435 5066 132 ndash4181 10059 14240 19685 6744 12941 105887 106347 40 29 III 107017 74912 26320 48592 16504 16321 11206 2746 8460 5115 183 ndash4358 10206 14564 19960 6854 13106 106834 107491 38 36 IV 107669 75532 26391 49141 16613 16314 11033 2737 8295 5281 300 ndash4799 10122 14921 20323 7050 13273 107370 108322 25 20
2003 I 108874 76459 26739 49720 16715 16428 10977 2742 8234 5452 286 ndash5036 10125 15161 20736 7252 13484 108587 109392 45 46 II 110116 77274 26838 50436 16785 16816 11238 2826 8412 5578 ndash31 ndash5043 10116 15159 21100 7621 13478 110147 110771 46 59 III 112551 78820 27694 51126 17451 17409 11508 2841 8668 5901 42 ndash4995 10414 15408 21275 7652 13623 112509 113207 91 89 IV 114148 79612 27851 51762 18236 17878 11704 2866 8839 6174 358 ndash5091 10986 16078 21391 7734 13657 113790 115066 58 46
2004 I 115899 80981 28386 52595 18536 18022 11646 2908 8738 6376 514 ndash5463 11388 16851 21845 8051 13794 115385 117005 63 57 II 117629 81939 28603 53337 19560 18800 12044 3009 9035 6756 760 ndash6061 11708 17769 22190 8199 13992 116869 118488 61 52 III 119363 83165 28979 54186 20013 19405 12440 3124 9315 6966 608 ndash6359 11854 18213 22544 8391 14153 118756 120331 60 66 IV 121239 84738 29717 55021 20633 19918 12791 3224 9567 7127 715 ndash6865 12259 19124 22733 8345 14388 120524 121955 64 61
2005 I 123618 85919 30009 55910 21308 20401 13052 3384 9668 7349 907 ndash6774 12624 19398 23165 8620 14546 122711 124687 81 75 II 125000 87303 30492 56812 21153 20994 13349 3465 9884 7645 159 ndash6902 12985 19887 23446 8672 14773 124841 125962 45 71 III 127286 88958 31268 57690 21667 21556 13629 3523 10106 7927 110 ndash7340 13082 20421 24001 8941 15060 127176 128357 75 77 IV 129014 89961 31301 58660 22763 21941 13863 3697 10165 8079 822 ndash7893 13513 21406 24183 8819 15364 128192 129798 55 32
2006 I 131614 91262 31811 59451 23366 22706 14572 3968 10605 8134 660 ndash7758 14140 21898 24745 9285 15461 130955 132420 83 89 II 133304 92493 32116 60376 23521 22797 14953 4286 10667 7844 724 ndash7814 14560 22374 25105 9303 15802 132580 134060 52 51 III 134328 93717 32559 61158 23334 22643 15227 4476 10751 7416 691 ndash8057 14760 22817 25333 9322 16012 133637 134947 31 32 IV 135842 94568 32503 62066 22865 22541 15461 4617 10844 7080 323 ndash7143 15382 22525 25552 9359 16194 135519 136559 46 58
2007 I 137585 96017 32967 63050 22774 22603 15796 4795 11001 6807 170 ndash7249 15755 23004 26044 9440 16603 137415 138288 52 57 II 139768 97209 33492 63718 23296 22821 16249 5123 11126 6572 475 ndash7297 16191 23489 26560 9687 16873 139293 140563 65 56 III 141262 98177 33787 64390 23134 22740 16607 5455 11151 6134 394 ndash7034 16903 23937 26984 9921 17064 140868 142709 43 46 IV 142532 99487 34312 65176 22605 22479 16846 5622 11224 5634 126 ndash6943 17618 24561 27382 10006 17376 142406 144518 36 44
2008 I 142739 100185 34223 65962 21857 22052 16893 5709 11184 5159 ndash195 ndash7423 18193 25616 28120 10427 17693 142934 144525 06 15 II 144155 101265 34669 66596 21654 21837 16890 5896 10994 4946 ndash183 ndash7461 19228 26689 28696 10660 18037 144338 145968 40 40 III 143951 101358 34561 66797 20863 21305 16659 5947 10712 4646 ndash441 ndash7569 19338 26906 29298 11006 18292 144392 145940 ndash06 02 IV 140817 98613 31814 66799 19130 19955 15809 5900 9909 4146 ndash825 ndash5937 17111 23048 29011 11112 17899 141642 141995 ndash84 ndash74
2009 I 139234 97684 31255 66429 16458 18125 14429 5305 9124 3696 ndash1667 ndash3854 15235 19089 28946 11049 17897 140902 140417 ndash44 ndash21 II 138854 97639 31420 66219 14953 16980 13560 4671 8889 3420 ndash2027 ndash3316 15253 18569 29578 11359 18219 140881 140013 ndash11 ndash01 III 139522 98888 32444 66444 14656 16661 13129 4210 8919 3531 ndash2005 ndash3986 15947 19933 29964 11576 18388 141527 141152 19 18 IV 141336 99625 32655 66970 15904 16372 12854 3856 8998 3519 ndash468 ndash4393 17063 21455 30200 11759 18441 141805 143108 53 08
2010 I 142703 100691 33182 67509 16604 16272 12858 3627 9231 3413 332 ndash4902 17519 22420 30309 11937 18372 142370 144617 39 16 II 144135 101483 33217 68266 17247 16830 13252 3766 9486 3578 417 ndash5211 18143 23354 30617 12251 18366 143718 146293 41 38 III 145760 102436 33610 68826 17933 16838 13538 3771 9768 3300 1095 ndash5331 18612 23943 30723 12398 18325 144666 147930 46 27 IV 147359 104019 34586 69433 17709 17219 13888 3890 9998 3331 490 ndash5021 19504 24525 30652 12338 18314 146869 149489 45 62
2011 I 148149 105663 35614 70049 17559 17223 13908 3624 10284 3314 337 ndash5554 20305 25859 30481 12152 18328 147812 150501 22 26 II 150036 106849 36043 70806 18190 17842 14480 3970 10510 3362 348 ndash5725 20928 26653 30722 12343 18379 149687 152536 52 52 III 151632 107912 36436 71476 18538 18578 15194 4218 10976 3385 ndash41 ndash5495 21333 26828 30677 12275 18402 151673 154215 43 54 IV 153210 108738 36900 71838 19911 19090 15601 4382 11220 3488 821 ndash5948 21203 27151 30510 12112 18397 152389 155850 42 19
2012 I 154783 110072 37559 72513 20322 19597 15955 4547 11408 3642 726 ndash6158 21579 27737 30546 12077 18469 154057 156932 42 44 II 155959 110675 37450 73225 20778 19945 16207 4589 11618 3738 833 ndash5978 21870 27848 30484 12102 18382 155126 31 28
188 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1929 9761 7363 1014 379 491 1465 31 9868 9941 10052 9846 1930 8920 6968 676 313 427 1614 ndash224 9192 9111 9392 9000 ndash86 ndash68 ndash84 ndash66 ndash86 1931 8342 6749 425 261 372 1682 ndash403 8652 8539 8859 8407 ndash65 ndash59 ndash63 ndash57 ndash66 1932 7252 6144 128 204 309 1626 ndash541 7666 7439 7865 7305 ndash131 ndash114 ndash129 ndash112 ndash131 1933 7158 6008 189 205 322 1572 ndash494 7432 7351 7634 7203 ndash13 ndash31 ndash12 ndash29 ndash14 1934 7937 6437 341 228 329 1773 ndash513 8140 8127 8337 7977 109 95 106 92 107 1935 8642 6830 631 241 431 1822 ndash451 8645 8922 8927 8689 89 62 98 71 89 1936 9770 7525 809 253 426 2126 ndash517 9789 10061 10081 9811 131 132 128 129 129 1937 10271 7804 1011 319 479 2036 ndash420 10198 10529 10455 10325 51 42 47 37 52 1938 9918 7678 668 315 373 2193 ndash563 10052 10073 10210 9974 ndash34 ndash14 ndash43 ndash23 ndash34 1939 10719 8107 859 333 391 2386 ndash575 10795 10887 10965 10778 81 74 81 74 81 1940 11659 8527 1197 378 401 2453 ndash495 11528 11792 11657 11708 88 68 83 63 86 1941 13650 9132 1462 388 493 4077 ndash916 13378 13915 13637 13715 171 160 180 170 171 1942 16168 8916 772 256 447 9594 ndash2923 16167 16677 16680 16235 185 209 198 223 184 1943 18815 9165 456 216 564 14272 ndash4730 19070 19601 19870 18879 164 180 175 191 163 1944 20335 9426 563 232 590 16061 ndash5357 20614 21165 21461 20402 81 81 80 80 81 1945 20107 10009 744 325 628 14022 ndash4365 20447 20789 21144 20166 ndash11 ndash08 ndash18 ndash15 ndash12 1946 17907 11254 1907 702 520 4821 ndash257 17647 17737 17468 17982 ndash109 ndash137 ndash147 ndash174 ndash108 1947 17746 11470 1832 800 494 4095 43 18017 17375 17646 17848 ndash09 21 ndash20 10 ndash07 1948 18527 11729 2341 630 576 4394 09 18357 18570 18395 18648 44 19 69 42 45 1949 18431 12054 1787 625 556 4919 ndash398 18793 18458 18826 18542 ndash05 24 ndash06 23 ndash06 1950 20042 12827 2523 547 657 4924 ndash122 19890 20346 20194 20165 87 58 102 73 88 1951 21593 13028 2530 670 683 6727 ndash679 21304 21757 21463 21743 77 71 69 63 78 1952 22420 13439 2288 641 743 8100 ndash1305 22438 22725 22745 22574 38 53 45 60 38 1953 23452 14081 2396 598 813 8680 ndash1490 23544 23935 24032 23601 46 49 53 57 45 1954 23304 14377 2285 627 773 8089 ndash1301 23610 23688 24002 23462 ndash06 03 ndash10 ndash01 ndash06 1955 24982 15438 2840 694 866 7793 ndash917 24940 25406 25366 25158 72 56 73 57 72 1956 25476 15890 2801 809 936 7800 ndash888 25511 25814 25852 25669 20 23 16 19 20 1957 25988 16284 2679 879 976 8147 ndash1025 26167 26273 26456 26192 20 26 18 23 20 1958 25754 16426 2457 760 1022 8409 ndash1276 25978 26271 26502 25929 ndash09 ndash07 00 02 ndash10 1959 27601 17359 2955 839 1130 8695 ndash1117 27616 28156 28174 27781 72 63 72 63 71 1960 28285 17836 2954 984 1145 8710 ndash1054 28342 28651 28711 28482 25 26 18 19 25 1961 28944 18203 2935 990 1137 9148 ndash1195 29021 29308 29388 29161 23 24 23 24 24 1962 30698 19103 3308 1040 1266 9711 ndash1198 30623 31163 31089 30941 61 55 63 58 61 1963 32040 19890 3530 1114 1300 9961 ndash1155 31999 32460 32420 32301 44 45 42 43 44 1964 33894 21075 3821 1245 1369 10180 ndash1058 33908 34234 34249 34175 58 60 55 56 58 1965 36070 22408 4357 1280 1515 10487 ndash947 35876 36561 36364 36364 64 58 68 62 64 1966 38421 23679 4741 1369 1740 11411 ndash1039 38034 39070 38677 38698 65 60 69 64 64 1967 39392 24388 4524 1400 1867 12287 ndash1340 39200 40148 39956 39677 25 31 28 33 25 1968 41299 25796 4787 1510 2145 12672 ndash1321 41158 42221 42083 41606 48 50 52 53 49 1969 42582 26762 5066 1583 2267 12643 ndash1205 42450 43550 43420 42880 31 31 31 32 31 1970 42663 27389 4734 1753 2364 12337 ndash1186 42843 43483 43672 42958 02 09 ndash02 06 02 1971 44095 28433 5273 1783 2490 12069 ndash973 44036 45031 44976 44422 34 28 36 30 34 1972 46438 30181 5898 1917 2770 11981 ndash769 46367 47518 47452 46789 53 53 55 55 53 1973 49128 31677 6589 2278 2899 11939 ndash456 48840 49870 49580 49603 58 53 50 45 60 1974 48857 31414 6103 2458 2833 12240 ndash525 48700 49221 49062 49398 ndash06 ndash03 ndash13 ndash10 ndash04 1975 48754 32126 5022 2443 2518 12516 ndash835 49221 48679 49147 49172 ndash02 11 ndash11 02 ndash05 1976 51369 33915 6037 2550 3011 12572 ndash694 51159 51848 51636 51868 54 39 65 51 55 1977 53731 35343 6949 2611 3340 12710 ndash542 53403 54598 54270 54291 46 44 53 51 47 1978 56728 36901 7787 2886 3629 13084 ndash301 56349 57584 57204 57284 56 55 55 54 55 1979 58501 37778 8035 3172 3690 13328 ndash122 58362 58983 58842 59252 31 36 24 29 34
See the note at the end of the table
NOTE Chain-type estimates provide the best available method for components in the table comparing the level of a given series at two points in time Chained- It is usually best to make comparisons of aggregate series in dollar estimates are obtained by multiplying the chain-type quantity current dollars or to use BEArsquos estimates of contributions to percent index for an aggregate by its value in current dollars in the refer- change Measures of the contributions of components to the pershyence year (currently 2005) and dividing by 100 For an analysis of centage change in real GDP and to the percentage change in other changes over time in an aggregate or in a component the percent- major aggregates are provided in NIPA tables 112 122 152 age changes calculated from the chained-dollar estimates and the 232 392 422 532 542 and 552 In general the use of chain-type quantity indexes are the same Thus chained-dollar esti- chained-dollar estimates to calculate component shares or composhymates can be used to compute ldquorealrdquo (that is inflation-adjusted) rates nent contributions may be misleading for periods away from the ref-of growth However comparisons of two or more different chained- erence year component shares of GDP are provided in table dollar series must be made with caution because the prices used as 1110 In the November 2003 SURVEY OF CURRENT BUSINESS the artishyweights in the chained-dollar calculations usually differ from the cle ldquoChained-Dollar Indexes Issues Tips on Their Use and prices in the reference period and the resulting chained-dollar values Upcoming Changesrdquo discussed the advantages of using chain for detailed GDP components usually do not sum to the chained-dol- weighted indexes and the challenges of using chained dollars To lar estimate of GDP or to any intermediate aggregate A measure of assist users in undertaking historical analysis BEA provides supple-the extent of such differences is provided in most chained-dollar mental tables that present estimates for selected timespans in tables by a ldquoresidualrdquo line which indicates the difference between GDP chained 1937 1952 1972 and 1987 dollars (see tables 116A (or another major aggregate) and the sum of the most detailed 116B 116C and 116D)
189 August 2012 SURVEY OF CURRENT BUSINESS
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1980 58340 37645 7152 3514 3445 13588 ndash114 58736 57848 58233 59083 ndash03 06 ndash19 ndash10 ndash03 1981 59821 38216 7796 3557 3535 13712 75 59544 59397 59117 60473 25 14 27 15 24 1982 58659 38749 6703 3285 3491 13953 ndash540 59182 58604 59119 59340 ndash19 ndash06 ndash13 00 ndash19 1983 61309 40964 7328 3201 3931 14463 ndash716 61676 62031 62393 61971 45 42 58 55 44 1984 65715 43136 9487 3462 4888 14949 ndash431 64900 67397 66584 66341 72 52 87 67 71 1985 68434 45383 9398 3567 5205 15990 ndash699 68331 70394 70293 68880 41 53 44 56 38 1986 70805 47224 9335 3841 5650 16962 ndash907 70927 72972 73097 71104 35 38 37 40 32 1987 73070 48680 9622 4254 5984 17371 ndash873 72899 75121 74953 73359 32 28 29 25 32 1988 76074 50643 9849 4935 6219 17589 ndash723 76013 77522 77462 76439 41 43 32 33 42 1989 78792 52075 10244 5502 6493 18068 ndash604 78608 79842 79658 79173 36 34 30 28 36 1990 80271 53137 9899 5997 6726 18640 ndash676 80258 80978 80964 80750 19 21 14 16 20 1991 80083 53217 9094 6395 6716 18844 ndash751 80279 80278 80471 80488 ndash02 00 ndash09 ndash06 ndash03 1992 82800 55032 9831 6835 7187 18932 ndash643 82772 83027 82995 83194 34 31 34 31 34 1993 85162 56986 10709 7059 7808 18782 ndash566 85080 85857 85773 85560 29 28 34 33 28 1994 88631 59162 12164 7674 8739 18780 ndash410 88017 89685 89070 88930 41 35 45 38 39 1995 90860 60762 12543 8451 9439 18889 ndash346 90654 91813 91606 91217 25 30 24 28 26 1996 94258 62883 13653 9153 10260 19079 ndash250 94044 95340 95124 94631 37 37 38 38 37 1997 98459 65204 15352 10243 11641 19438 ndash137 97742 99844 99125 98734 45 39 47 42 43 1998 102747 68623 16889 10477 13002 19850 ndash90 102083 105311 104647 102953 44 44 55 56 43 1999 107707 72376 18376 10934 14499 20561 ndash41 107065 111318 110677 108029 48 49 57 58 49 2000 112164 76046 19631 11874 16387 20978 22 111580 116716 116133 112592 41 42 48 49 42 2001 113375 78103 18252 11208 15926 21783 ndash45 113820 118158 118609 113950 11 20 12 21 12 2002 115431 80183 18004 10983 16468 22796 ndash67 115336 120975 120883 115971 18 13 24 19 18 2003 118364 82445 18701 11160 17197 23305 ndash50 118205 124447 124290 119099 25 25 29 28 27 2004 122469 85158 20582 12225 19104 23620 ndash12 121813 129355 128698 123416 35 31 39 35 36 2005 126230 88035 21723 13051 20278 23699 00 125730 133457 132957 127201 31 32 32 33 31 2006 129585 90545 22318 14221 21515 24021 ndash05 128993 136881 136290 130283 27 26 26 25 24 2007 132064 92629 21595 15544 22032 24342 ndash14 131775 138553 138264 133220 19 22 12 14 23 2008 131619 92117 19398 16493 21440 24974 77 132005 136531 136912 133169 ndash03 02 ndash15 ndash10 00 2009 127579 90326 14581 14987 18538 25894 329 128997 131023 132430 128890 ndash31 ndash23 ndash40 ndash33 ndash32 2010 130630 91962 16580 16656 20852 26058 226 130103 134730 134197 132534 24 09 28 13 28 2011 132991 94288 17440 17769 21849 25239 104 132653 136988 136642 135220 18 20 17 18 20
1947 I 17707 11309 1887 852 510 4073 96 17855 17264 17408 17804 II 17680 11497 1735 842 520 4098 28 17972 17265 17557 17781 ndash06 26 00 35 ndash05 III 17665 11534 1679 799 461 4136 ndash22 18117 17252 17709 17766 ndash03 33 ndash03 35 ndash03 IV 17933 11538 2027 708 486 4075 71 18123 17717 17909 18040 62 01 112 46 63
1948 I 18218 11596 2247 676 548 4155 92 18202 18140 18122 18334 65 17 99 48 67 II 18553 11730 2395 613 569 4355 29 18334 18621 18395 18676 75 29 110 62 76 III 18653 11748 2421 627 599 4440 16 18366 18732 18437 18776 22 07 24 09 22 IV 18682 11841 2300 605 589 4627 ndash102 18524 18787 18625 18805 06 35 12 41 06
1949 I 18422 11860 1942 678 572 4759 ndash245 18600 18382 18561 18540 ndash55 16 ndash84 ndash14 ndash55 II 18355 12041 1671 672 563 4974 ndash440 18840 18313 18806 18470 ndash14 53 ndash15 54 ndash15 III 18561 12069 1817 616 540 5024 ndash425 18832 18587 18862 18672 46 ndash02 61 12 45 IV 18387 12245 1718 533 549 4918 ndash478 18900 18551 19076 18488 ndash37 15 ndash08 46 ndash39
1950 I 19130 12449 2149 524 564 4835 ndash263 19204 19339 19415 19238 172 66 181 73 172 II 19712 12654 2389 531 595 4914 ndash181 19720 19959 19968 19826 127 112 134 119 128 III 20484 13303 2604 544 734 4820 ndash53 20430 20893 20842 20618 166 152 201 187 169 IV 20844 12902 2950 588 736 5127 13 20207 21194 20549 20978 72 ndash43 59 ndash55 72
1951 I 21107 13214 2639 618 736 5675 ndash303 20804 21418 21112 21236 51 124 43 114 50 II 21457 12841 2704 679 711 6456 ndash512 20903 21645 21082 21608 68 19 43 ndash06 72 III 21885 12991 2495 695 651 7188 ndash833 21595 21969 21673 22041 82 139 61 117 83 IV 21922 13067 2283 689 634 7589 ndash1072 21915 21994 21986 22087 07 61 05 59 08
1952 I 22143 13096 2336 725 708 7824 ndash1130 22095 22259 22210 22299 41 33 49 42 39 II 22167 13353 2142 646 704 8089 ndash1359 22453 22410 22701 22324 04 66 27 91 05 III 22316 13418 2256 595 747 8170 ndash1376 22234 22701 22620 22470 27 ndash38 53 ndash14 26 IV 23053 13892 2418 599 814 8316 ndash1358 22971 23530 23450 23205 139 139 154 155 137
1953 I 23484 14057 2466 589 794 8598 ndash1432 23467 23960 23946 23634 77 89 75 87 76 II 23662 14142 2475 592 835 8787 ndash1499 23653 24186 24180 23820 31 32 38 40 32 III 23518 14110 2417 616 832 8681 ndash1474 23595 23996 24078 23661 ndash24 ndash10 ndash31 ndash17 ndash26 IV 23146 14016 2226 596 791 8654 ndash1555 23461 23599 23923 23289 ndash62 ndash23 ndash65 ndash25 ndash62
1954 I 23035 14067 2207 569 745 8422 ndash1485 23324 23472 23769 23188 ndash19 ndash23 ndash21 ndash26 ndash17 II 23064 14250 2200 651 812 8125 ndash1350 23419 23456 23819 23217 05 16 ndash03 09 05 III 23324 14444 2312 630 763 7929 ndash1228 23652 23693 24028 23479 46 40 41 36 46 IV 23791 14747 2419 659 771 7880 ndash1143 24046 24131 24392 23964 83 68 76 62 85
1955 I 24477 15078 2677 683 816 7871 ndash1016 24505 24847 24878 24653 120 79 124 82 120 II 24881 15366 2846 667 862 7793 ndash929 24826 25341 25288 25055 68 54 82 67 67 III 25214 15556 2887 711 877 7840 ndash903 25188 25629 25605 25390 55 60 46 51 54 IV 25355 15752 2949 714 909 7670 ndash821 25242 25806 25693 25534 22 08 28 14 23
1956 I 25239 15778 2850 748 947 7666 ndash856 25186 25680 25629 25437 ndash18 ndash09 ndash19 ndash10 ndash15 II 25438 15830 2818 799 942 7827 ndash894 25466 25798 25828 25634 32 45 18 31 31 III 25406 15866 2785 825 950 7753 ndash873 25476 25733 25806 25606 ndash05 02 ndash10 ndash03 ndash04 IV 25821 16084 2752 862 907 7954 ndash924 25916 26046 26143 25999 67 71 49 53 63
1957 I 25979 16195 2707 919 979 8117 ndash980 26143 26206 26373 26187 25 36 25 35 29 II 25917 16224 2704 891 986 8067 ndash983 26047 26194 26327 26138 ndash10 ndash15 ndash02 ndash07 ndash07 III 26166 16353 2768 866 967 8129 ndash983 26242 26465 26543 26379 39 30 42 33 37 IV 25891 16361 2537 841 971 8277 ndash1154 26236 26229 26582 26063 ndash41 ndash01 ndash35 06 ndash47
See the note at the end of the table
190 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1958 I 25190 16139 2348 757 985 8184 ndash1253 25565 25659 26044 25366 ndash104 ndash99 ndash84 ndash79 ndash103 II 25345 16271 2293 761 1027 8389 ndash1342 25698 25858 26221 25524 25 21 31 28 25 III 25939 16538 2482 763 1012 8442 ndash1274 26072 26444 26582 26112 97 60 94 56 96 IV 26543 16756 2706 761 1065 8622 ndash1237 26576 27123 27159 26715 97 79 107 90 96
1959 I 27080 17067 2859 811 1092 8566 ndash1131 27124 27625 27672 27251 83 85 76 78 83 II 27764 17329 3097 838 1145 8697 ndash1052 27591 28340 28167 27936 105 71 108 73 104 III 27731 17510 2882 865 1156 8806 ndash1176 27927 28279 28481 27915 ndash05 50 ndash09 45 ndash03 IV 27828 17529 2983 841 1126 8710 ndash1109 27822 28380 28377 28022 14 ndash15 15 ndash14 16
1960 I 28453 17697 3305 947 1169 8539 ndash866 28126 28906 28574 28640 93 44 76 28 91 II 28320 17921 2971 1007 1178 8608 ndash1009 28394 28689 28766 28511 ndash19 39 ndash30 27 ndash18 III 28366 17850 2953 982 1143 8815 ndash1091 28354 28736 28726 28565 07 ndash06 07 ndash06 08 IV 28002 17874 2588 1002 1089 8877 ndash1250 28493 28276 28778 28212 ndash50 20 ndash63 07 ndash49
1961 I 28169 17869 2654 995 1084 8993 ndash1258 28516 28450 28805 28390 24 03 25 04 25 II 28696 18134 2852 981 1097 9014 ndash1188 28822 29024 29153 28906 77 44 83 49 75 III 29159 18222 3091 976 1170 9191 ndash1151 29044 29584 29468 29375 66 31 80 44 66 IV 29753 18587 3143 1006 1197 9393 ndash1179 29704 30175 30127 29973 84 94 82 93 84
1962 I 30287 18785 3331 1004 1234 9559 ndash1158 30067 30764 30541 30505 74 50 80 56 73 II 30621 19016 3298 1100 1261 9611 ndash1143 30579 30989 30947 30860 45 70 30 54 47 III 30904 19170 3357 1038 1277 9830 ndash1214 30816 31387 31299 31146 37 31 53 46 37 IV 30979 19442 3245 1016 1292 9844 ndash1276 31029 31514 31567 31254 10 28 16 35 14
1963 I 31384 19573 3425 1040 1263 9784 ndash1175 31235 31861 31711 31647 53 27 45 18 51 II 31777 19760 3475 1161 1292 9772 ndash1099 31765 32113 32102 32032 51 70 32 50 49 III 32376 20029 3588 1099 1325 10191 ndash1206 32329 32851 32805 32635 77 73 95 91 77 IV 32622 20196 3632 1155 1321 10098 ndash1138 32665 33016 33062 32889 31 42 20 32 32
1964 I 33354 20595 3781 1225 1319 10135 ndash1063 33379 33659 33685 33644 93 90 80 78 95 II 33737 20958 3764 1246 1349 10201 ndash1083 33776 34052 34092 34016 47 48 47 49 45 III 34195 21343 3853 1236 1385 10207 ndash1059 34194 34572 34572 34483 55 51 63 58 56 IV 34290 21402 3885 1273 1423 10178 ndash1025 34283 34655 34649 34559 11 10 10 09 09
1965 I 35133 21878 4276 1136 1372 10153 ndash938 34826 35665 35354 35436 102 65 122 84 106 II 35609 22120 4276 1349 1533 10284 ndash887 35455 36006 35850 35922 55 74 39 57 56 III 36332 22500 4428 1272 1540 10640 ndash968 36121 36866 36654 36624 84 77 99 93 81 IV 37208 23132 4449 1364 1615 10869 ndash991 37102 37706 37598 37476 100 113 94 107 96
1966 I 38122 23474 4825 1340 1657 11064 ndash924 37721 38718 38311 38399 102 68 112 78 102 II 38249 23535 4737 1398 1698 11260 ndash983 37892 38805 38442 38526 13 18 09 14 13 III 38500 23804 4690 1346 1793 11565 ndash1112 38207 39241 38945 38772 27 34 46 53 26 IV 38812 23903 4712 1390 1813 11753 ndash1133 38315 39514 39010 39095 33 11 28 07 34
1967 I 39154 24042 4583 1417 1842 12252 ndash1298 38703 39854 39396 39434 36 41 35 40 35 II 39162 24370 4388 1404 1827 12185 ndash1358 39116 39866 39823 39435 01 43 01 44 00 III 39475 24495 4514 1370 1851 12312 ndash1365 39316 40262 40103 39774 32 21 40 29 35 IV 39776 24646 4611 1409 1948 12396 ndash1338 39664 40612 40502 40067 31 36 35 40 30
1968 I 40595 25234 4712 1450 2063 12613 ndash1351 40494 41507 41409 40894 85 86 91 93 85 II 41285 25621 4902 1479 2095 12671 ndash1293 40901 42202 41815 41589 70 41 69 40 70 III 41567 26103 4743 1566 2221 12697 ndash1321 41487 42490 42413 41881 28 59 28 58 28 IV 41747 26223 4792 1546 2202 12708 ndash1320 41751 42685 42694 42059 17 26 18 27 17
1969 I 42405 26517 5108 1360 1994 12720 ndash1306 42182 43422 43200 42717 65 42 71 48 64 II 42528 26686 5067 1665 2388 12667 ndash1169 42390 43495 43358 42830 12 20 07 15 11 III 42797 26815 5185 1625 2357 12685 ndash1156 42609 43798 43611 43086 26 21 28 24 24 IV 42596 27029 4905 1682 2331 12498 ndash1187 42617 43485 43512 42885 ndash19 01 ndash28 ndash09 ndash19
1970 I 42529 27195 4752 1696 2323 12431 ndash1222 42733 43388 43602 42825 ndash06 11 ndash09 08 ndash06 II 42607 27319 4767 1771 2369 12271 ndash1152 42651 43405 43455 42912 07 ndash08 02 ndash13 08 III 42986 27559 4848 1765 2364 12324 ndash1146 43033 43796 43849 43287 36 36 37 37 35 IV 42530 27484 4567 1781 2400 12324 ndash1226 42953 43344 43781 42807 ndash42 ndash07 ndash41 ndash06 ndash44
1971 I 43703 28009 5160 1788 2372 12124 ndash1006 43485 44505 44287 44029 115 50 112 47 119 II 43951 28266 5320 1785 2551 12085 ndash954 43785 44943 44780 44294 23 28 40 45 24 III 44302 28491 5390 1858 2607 12078 ndash908 44171 45255 45127 44614 32 36 28 31 29 IV 44425 28965 5222 1702 2431 11988 ndash1021 44703 45421 45711 44753 11 49 15 53 13
1972 I 45219 29352 5591 1882 2786 12031 ndash851 45324 46336 46450 45561 73 57 83 66 74 II 46291 29912 5933 1828 2687 12106 ndash801 46077 47408 47196 46629 98 68 96 66 97 III 46735 30374 6018 1938 2743 11856 ndash708 46492 47764 47522 47100 39 37 30 28 41 IV 47505 31086 6049 2020 2866 11931 ndash715 47574 48563 48639 47868 68 96 69 97 67
1973 I 48720 31655 6433 2168 2999 12048 ndash585 48617 49733 49633 49137 106 91 100 84 110 II 49284 31639 6734 2273 2912 11976 ndash426 48855 50060 49627 49728 47 20 27 00 49 III 49021 31753 6470 2280 2832 11823 ndash473 48916 49685 49581 49537 ndash21 05 ndash30 ndash04 ndash15 IV 49488 31660 6718 2392 2853 11910 ndash339 48972 50003 49480 50008 39 05 26 ndash08 39
1974 I 49054 31383 6289 2423 2756 12159 ndash444 48912 49372 49228 49663 ndash35 ndash05 ndash49 ndash20 ndash27 II 49180 31492 6258 2541 2902 12241 ndash450 48966 49506 49291 49756 10 04 11 05 08 III 48694 31622 5905 2404 2851 12259 ndash645 48815 49172 49294 49219 ndash39 ndash12 ndash27 00 ndash43 IV 48502 31158 5961 2466 2823 12302 ndash562 48106 48833 48434 48955 ndash16 ndash57 ndash27 ndash68 ndash21
1975 I 47912 31420 4914 2484 2540 12452 ndash818 48482 47789 48360 48293 ndash48 32 ndash83 ndash06 ndash53 II 48278 31944 4744 2412 2337 12357 ndash842 48979 47985 48687 48662 31 42 17 27 31 III 49091 32399 5145 2371 2531 12574 ndash867 49419 49164 49492 49506 69 36 102 68 71 IV 49733 32742 5287 2505 2666 12680 ndash815 50003 49781 50051 50226 53 48 51 46 59
1976 I 50863 33396 5834 2488 2833 12712 ndash734 50694 51187 51015 51343 94 56 118 79 92 II 51246 33703 6083 2513 2956 12573 ndash670 50865 51706 51322 51744 30 14 41 24 32 III 51497 34059 6094 2586 3076 12507 ndash673 51180 52010 51690 52000 20 25 24 29 20 IV 51871 34503 6137 2612 3178 12497 ndash700 51895 52490 52515 52386 29 57 37 65 30
See the note at the end of the table
191 August 2012 SURVEY OF CURRENT BUSINESS
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1977 I 52473 34897 6438 2570 3329 12610 ndash713 52382 53384 53294 53061 47 38 70 61 52 II 53516 35090 6936 2639 3359 12741 ndash531 53224 54364 54072 54092 82 66 75 60 80 III 54473 35425 7314 2660 3312 12765 ndash379 53784 55225 54533 55043 74 43 65 34 72 IV 54461 35959 7108 2574 3359 12723 ndash544 54223 55419 55180 54969 ndash01 33 14 48 ndash05
1978 I 54647 36169 7249 2635 3585 12744 ndash565 54292 55835 55479 55234 14 05 30 22 19 II 56797 36942 7746 2910 3596 13088 ndash293 56446 57569 57216 57287 167 168 130 131 157 III 57354 37097 7985 2942 3643 13193 ndash220 56964 58143 57751 57888 40 37 40 38 43 IV 58113 37396 8167 3058 3693 13312 ndash127 57695 58788 58368 58726 54 52 45 43 59
1979 I 58210 37585 8166 3061 3683 13192 ndash111 57878 58864 58529 58838 07 13 05 11 08 II 58264 37563 8147 3069 3703 13332 ndash144 57875 58935 58543 58968 04 00 05 01 09 III 58683 37932 7988 3179 3646 13351 ndash121 58714 59085 59113 59523 29 59 10 39 38 IV 58845 38033 7839 3380 3726 13438 ndash119 58982 59049 59182 59678 11 18 ndash02 05 10
1980 I 59034 37967 7783 3474 3729 13654 ndash115 59096 59093 59151 59883 13 08 03 ndash02 14 II 57824 37105 7081 3539 3458 13697 ndash140 57938 57321 57428 58609 ndash79 ndash76 ndash115 ndash112 ndash82 III 57717 37503 6541 3532 3210 13508 ndash157 58693 56791 57746 58456 ndash07 53 ndash36 22 ndash10 IV 58784 38003 7206 3510 3382 13494 ndash47 59218 58185 58606 59386 76 36 102 61 65
1981 I 60006 38211 7922 3577 3526 13673 149 59509 59534 59037 60648 86 20 96 30 88 II 59527 38211 7545 3596 3532 13704 03 59627 59038 59131 60132 ndash32 08 ndash33 06 ndash34 III 60250 38366 8013 3520 3491 13673 169 59696 59809 59255 60893 49 05 53 08 52 IV 59500 38076 7702 3536 3591 13799 ndash22 59344 59206 59047 60221 ndash49 ndash23 ndash40 ndash14 ndash43
1982 I 58523 38322 6900 3383 3489 13785 ndash378 59177 58315 58958 59206 ndash64 ndash11 ndash59 ndash06 ndash66 II 58840 38459 6894 3403 3432 13865 ndash349 59152 58508 58812 59606 22 ndash02 13 ndash10 27 III 58614 38754 6813 3252 3591 13960 ndash574 58765 58766 58912 59263 ndash15 ndash26 18 07 ndash23 IV 58660 39461 6207 3103 3450 14201 ndash862 59635 58828 59794 59286 03 61 04 61 02
1983 I 59389 39848 6428 3153 3529 14308 ndash819 60265 59602 60469 60008 51 43 54 46 50 II 60724 40639 7048 3163 3801 14430 ndash755 61118 61317 61706 61383 93 58 120 84 95 III 61922 41357 7522 3211 4097 14680 ndash751 62252 62869 63196 62593 81 76 105 100 81 IV 63202 42013 8314 3275 4298 14432 ndash534 63070 64336 64203 63899 85 54 97 65 86
1984 I 64428 42373 9184 3344 4643 14578 ndash408 63492 65944 65010 65072 80 27 104 51 76 II 65540 42979 9494 3427 4838 14892 ndash414 64656 67204 66321 66188 71 75 79 83 70 III 66177 43311 9714 3503 4963 15002 ndash390 65252 67903 66979 66819 39 37 42 40 39 IV 66716 43881 9555 3574 5108 15323 ndash509 66203 68537 68026 67287 33 60 38 64 28
1985 I 67345 44625 9240 3576 4996 15499 ndash599 67325 69016 68997 67800 38 70 28 58 31 II 67915 45032 9399 3563 5241 15847 ndash685 67838 69926 69851 68400 34 31 54 50 36 III 68976 45887 9296 3511 5190 16258 ndash786 68940 70995 70961 69376 64 67 63 65 58 IV 69500 45988 9659 3617 5394 16355 ndash725 69221 71640 71365 69945 31 17 37 23 33
1986 I 70168 46372 9639 3731 5389 16532 ndash717 69934 72146 71915 70559 39 42 29 31 36 II 70450 46866 9425 3772 5618 16883 ndash878 70461 72669 72684 70730 16 31 29 43 10 III 71129 47685 9130 3858 5774 17266 ndash1036 71453 73431 73759 71443 39 58 43 61 41 IV 71473 47972 9144 4002 5819 17166 ndash992 71858 73641 74030 71685 19 23 12 15 14
1987 I 71869 47899 9423 4005 5784 17237 ndash911 71666 73988 73789 72109 22 ndash11 19 ndash13 24 II 72633 48540 9436 4164 5928 17346 ndash925 72622 74729 74721 72935 43 54 41 51 47 III 73263 49082 9446 4343 6043 17346 ndash911 73489 75273 75501 73556 35 49 29 42 35 IV 74517 49200 10183 4504 6182 17556 ndash744 73820 76494 75802 74838 70 18 67 16 71
1988 I 74902 50022 9609 4753 6153 17471 ndash800 74911 76510 76520 75303 21 60 01 38 25 II 75864 50385 9843 4885 6083 17517 ndash683 75814 77199 77149 76231 52 49 36 33 50 III 76256 50783 9906 4975 6226 17507 ndash689 76174 77659 77578 76586 21 19 24 22 19 IV 77274 51381 10037 5127 6416 17862 ndash717 77153 78722 78603 77637 55 52 56 54 56
1989 I 77999 51569 10422 5278 6446 17752 ndash576 77525 79286 78813 78356 38 19 29 11 38 II 78583 51800 10300 5508 6476 18028 ndash577 78278 79604 79299 78926 30 39 16 25 29 III 79206 52337 10179 5568 6467 18197 ndash608 79264 80135 80192 79577 32 51 27 46 33 IV 79379 52593 10074 5656 6584 18294 ndash654 79363 80344 80327 79833 09 05 10 07 13
1990 I 80208 53009 10173 5903 6793 18576 ndash660 80224 81122 81137 80635 42 44 39 41 41 II 80527 53184 10176 5983 6782 18604 ndash638 80259 81323 81054 80966 16 02 10 ndash04 17 III 80526 53386 9937 6027 6754 18598 ndash668 80417 81233 81123 80896 00 08 ndash04 03 ndash03 IV 79820 52970 9308 6077 6573 18783 ndash745 80132 80234 80541 80501 ndash35 ndash14 ndash48 ndash28 ndash19
1991 I 79434 52820 8929 6121 6498 18859 ndash797 79811 79701 80075 79947 ndash19 ndash16 ndash26 ndash23 ndash27 II 79970 53222 8885 6341 6614 18925 ndash789 80385 80108 80519 80334 27 29 21 22 19 III 80307 53426 9106 6486 6800 18835 ndash746 80496 80494 80681 80626 17 06 19 08 15 IV 80622 53402 9454 6634 6950 18756 ndash674 80423 80810 80609 81044 16 ndash04 16 ndash04 21
1992 I 81507 54320 9244 6752 7001 18899 ndash707 81666 81611 81766 81923 45 63 40 59 44 II 82373 54642 9853 6753 7116 18876 ndash635 82250 82614 82489 82783 43 29 50 36 43 III 83223 55246 9955 6899 7228 18973 ndash622 83154 83421 83348 83591 42 45 40 42 40 IV 84098 55920 10270 6934 7401 18979 ndash604 84019 84461 84378 84478 43 42 51 50 43
1993 I 84253 56147 10511 6950 7561 18779 ndash573 83964 84787 84496 84728 07 ndash03 16 06 12 II 84792 56686 10594 7035 7718 18765 ndash570 84668 85409 85283 85180 26 34 30 38 21 III 85238 57301 10586 7012 7819 18746 ndash588 85332 86002 86094 85701 21 32 28 39 25 IV 86364 57811 11145 7237 8134 18839 ndash534 86354 87229 87218 86630 54 49 58 53 44
See the note at the end of the table
192 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashTable Ends [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1994 I 87205 58455 11626 7306 8323 18599 ndash458 86816 88208 87819 87559 40 22 46 28 44 II 88398 58888 12304 7547 8633 18677 ndash385 87547 89477 88626 88700 56 34 59 37 53 III 88967 59360 12082 7835 8876 19005 ndash439 88496 89990 89518 89240 26 44 23 41 25 IV 89955 59946 12646 8009 9126 18841 ndash361 89207 91065 90317 90221 45 32 49 36 45
1995 I 90176 60016 12774 8156 9326 18916 ndash360 89587 91346 90757 90561 10 17 12 20 15 II 90370 60508 12431 8268 9415 18979 ndash401 90117 91511 91257 90787 09 24 07 22 10 III 91129 61049 12311 8628 9447 18937 ndash349 91190 91883 91942 91373 34 49 16 30 26 IV 91764 61478 12658 8752 9568 18725 ndash281 91722 92514 92469 92146 28 24 28 23 34
1996 I 92393 62040 12824 8862 9879 18845 ndash299 92514 93373 93493 92850 28 35 38 45 31 II 93990 62742 13489 9011 10100 19116 ndash268 93840 95052 94900 94341 71 59 74 62 66 III 94808 63118 14169 9084 10427 19097 ndash233 94250 96157 95597 95119 35 18 47 30 33 IV 95843 63632 14130 9653 10633 19259 ndash198 95572 96780 96508 96214 44 57 26 39 47
1997 I 96580 64273 14460 9837 11087 19294 ndash197 96244 97815 97477 96850 31 28 43 41 27 II 98012 64533 15383 10227 11459 19460 ndash132 97010 99220 98217 98374 61 32 59 31 64 III 99242 65630 15657 10464 11881 19482 ndash110 98541 100642 99940 99513 51 65 59 72 47 IV 100003 66381 15907 10445 12138 19515 ndash107 99175 101698 100867 100198 31 26 43 38 28
1998 I 100948 67041 16666 10495 12593 19397 ndash58 99798 103066 101912 101247 38 25 55 42 43 II 101856 68195 16467 10374 12882 19819 ndash117 101484 104404 104034 102125 36 69 53 86 35 III 103200 69099 16939 10326 13055 20002 ndash111 102655 105983 105439 103315 54 47 62 55 47 IV 104986 70159 17484 10715 13478 20181 ndash75 104396 107791 107201 105122 71 70 70 69 72
1999 I 105921 70851 18034 10633 13821 20284 ndash60 105083 109163 108324 106190 36 27 52 43 41 II 106749 71966 17971 10755 14261 20369 ndash51 106391 110306 109950 107075 32 51 43 61 34 III 108107 72831 18422 11037 14779 20633 ndash37 107705 111893 111493 108397 52 50 59 57 50 IV 110048 73858 19076 11313 15133 20959 ndash25 109081 113910 112942 110456 74 52 74 53 78
2000 I 110336 74978 18809 11508 15747 20787 01 110182 114616 114464 110692 11 41 25 55 09 II 112488 75683 20111 11835 16227 21064 22 111484 116919 115916 112881 80 48 83 52 82 III 112583 76424 19797 12124 16794 20998 34 111968 117288 116674 112928 03 17 13 26 02 IV 113250 77100 19807 12029 16781 21062 33 112685 118041 117478 113868 24 26 26 28 34
2001 I 112878 77408 18761 11871 16537 21373 02 113256 117582 117964 113339 ndash13 20 ndash15 17 ndash18 II 113617 77700 18700 11483 16044 21817 ndash39 113757 118232 118375 114169 27 18 22 14 30 III 113304 78042 18303 10892 15656 21778 ndash55 113641 118141 118483 113603 ndash11 ndash04 ndash03 04 ndash20 IV 113700 79264 17245 10585 15469 22164 ndash89 114626 118676 119612 114688 14 35 18 39 39
2002 I 114671 79537 17819 10754 15857 22504 ndash86 114857 119855 120044 115233 35 08 40 15 19 II 115281 79941 18034 11046 16392 22720 ndash68 115182 120687 120590 115645 21 11 28 18 14 III 115866 80483 18080 11123 16662 22904 ndash62 115699 121459 121294 116387 20 18 26 24 26 IV 115906 80769 18083 11010 16962 23057 ndash51 115608 121899 121603 116617 01 ndash03 15 10 08
2003 I 116389 81177 18104 10908 16757 23009 ndash52 116096 122289 121997 116949 17 17 13 13 11 II 117375 81981 18218 10873 16996 23351 ndash52 117426 123546 123601 118081 34 47 42 54 39 III 119307 83085 18884 11168 17196 23420 ndash54 119286 125388 125370 120008 67 65 61 58 67 IV 120386 83537 19599 11691 17838 23437 ndash40 120011 126566 126191 121360 37 25 38 26 46
2004 I 121179 84276 19701 11970 18292 23549 ndash25 120665 127524 127010 122340 27 22 31 26 33 II 121959 84651 20557 12157 19026 23635 ndash15 121184 128833 128057 122851 26 17 42 33 17 III 122867 85391 20821 12247 19304 23721 ndash09 122242 129926 129301 123867 30 35 34 39 34 IV 123872 86313 21249 12528 19794 23576 00 123161 131136 130425 124607 33 30 38 35 24
2005 I 125150 87001 21700 12762 19909 23599 ndash03 124241 132297 131388 126234 42 36 36 30 53 II 125707 87862 21313 13036 20129 23624 01 125552 132799 132644 126677 18 43 15 39 14 III 126705 88529 21551 13039 20253 23839 00 126585 133918 133799 127769 32 33 34 35 35 IV 127356 88749 22328 13366 20821 23734 00 126542 134812 133999 128124 21 ndash01 27 06 11
2006 I 128964 89658 22663 13887 21215 23971 00 128319 136294 135650 129747 51 57 45 50 52 II 129487 90198 22631 14121 21452 23991 ndash02 128773 136821 136107 130216 16 14 16 14 15 III 129504 90739 22312 14142 21709 24027 ndash07 128828 137076 136400 130096 01 02 07 09 ndash04 IV 130384 91583 21667 14735 21682 24094 ndash13 130053 137333 137001 131073 27 39 07 18 30
2007 I 130561 92092 21451 14965 21998 24067 ndash16 130382 137594 137415 131226 05 10 08 12 05 II 131736 92445 21930 15213 22107 24268 ndash13 131262 138632 138158 132484 36 27 31 22 39 III 132698 92852 21763 15780 22160 24479 ndash16 132318 139083 138703 134058 30 33 13 16 48 IV 133260 93126 21236 16219 21865 24553 ndash09 133140 138901 138782 135110 17 25 ndash05 02 32
2008 I 132668 92891 20557 16439 21941 24739 ndash17 132778 138180 138288 134317 ndash18 ndash11 ndash21 ndash14 ndash23 II 133105 92858 20240 16939 21801 24845 24 133259 137945 138097 134766 13 15 ndash07 ndash05 13 III 131869 91960 19347 16787 21433 25107 101 132256 136465 136846 133674 ndash37 ndash30 ndash42 ndash36 ndash32 IV 128835 90760 17446 15806 20586 25205 204 129729 133533 134415 129919 ndash89 ndash74 ndash83 ndash69 ndash108
2009 I 127110 90395 15160 14525 18560 25316 274 128703 131037 132618 128195 ndash53 ndash31 ndash73 ndash52 ndash52 II 127010 89993 14007 14546 17774 25904 334 128900 130144 132023 128068 ndash03 06 ndash27 ndash18 ndash04 III 127467 90462 13948 15023 18493 26143 384 129283 130820 132623 128953 14 12 21 18 28 IV 128731 90454 15211 15852 19327 26211 330 129102 132093 132456 130345 40 ndash06 40 ndash05 44
2010 I 129476 91008 15914 16082 19809 26004 277 129147 133093 132759 131219 23 01 31 09 27 II 130196 91594 16464 16454 20742 26187 239 129854 134389 134039 132165 22 22 39 39 29 III 131035 92160 17101 16839 21428 26167 196 130055 135534 134548 133011 26 06 35 15 26 IV 131812 93085 16843 17247 21430 25874 193 131356 135905 135441 133742 24 41 11 27 22
2011 I 131838 93809 16616 17488 21654 25407 172 131544 135921 135619 133943 01 06 00 05 06 II 132647 94032 17113 17664 21660 25354 144 132341 136552 136238 134861 25 24 19 18 28 III 133069 94419 17358 17929 21908 25166 105 133112 136964 136996 135347 13 23 12 22 14 IV 134410 94893 18673 17993 22173 25027 ndash03 133614 138514 137713 136729 41 15 46 21 41
2012 I 135064 95468 18951 18187 22342 24837 ndash37 134401 139144 138475 136938 20 24 18 22 06 II 135580 95820 19340 18424 22668 24748 ndash84 134811 139759 138985 15 12 18 15
NOTE The residual is the difference between gross domestic product and the sum of the detailed components shown in this table
193 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1929 7733 8363 8724 7544 4667 6258 5425 33695 2244 9786 2906 2421 6181 2851 10620 7848 7740 1930 7067 7915 8034 7387 3113 4796 4471 28836 1779 5949 2402 2106 6812 3158 11690 7311 7075 1931 6609 7667 7741 7199 1956 3326 2929 18557 1187 4975 1996 1837 7095 3266 12197 6881 6610 1932 5745 6979 6835 6764 0590 1934 1754 11365 0695 2627 1564 1524 6860 3340 11629 6097 5743 1933 5671 6824 6785 6513 0869 1709 1581 8816 0712 2146 1574 1588 6633 4130 10421 5911 5663 1934 6288 7312 7405 6832 1570 2210 2014 9940 0984 2938 1749 1622 7482 5541 10956 6474 6271 1935 6846 7758 8013 7070 2906 2864 2552 11028 1341 4111 1845 2125 7687 5639 11306 6876 6831 1936 7740 8548 9078 7505 3726 3814 3451 14477 1840 5205 1938 2101 8971 8514 11371 7786 7713 1937 8137 8864 9348 7857 4653 4472 4134 18358 2139 5661 2441 2364 8592 7666 11369 8111 8117 1938 7857 8722 9140 7794 3076 3543 3031 14689 1489 5691 2414 1837 9252 8465 12035 7995 7841 1939 8492 9209 9773 8097 3956 4252 3383 15500 1718 8062 2549 1930 10067 9077 13229 8586 8473 1940 9236 9686 10380 8410 5510 5108 4187 17596 2227 9093 2899 1976 10350 10163 12794 9169 9205 1941 10813 10373 11204 8909 6729 5828 4930 20899 2611 9661 2973 2430 17205 26817 11982 10640 10782 1942 12809 10127 10340 9400 3555 3289 2902 12917 1498 4887 1964 2206 40483 82370 10867 12859 12763 1943 14906 10411 10239 10151 2099 2539 2425 9387 1345 2904 1655 2782 60224 130288 9876 15168 14842 1944 16109 10707 10316 10718 2594 3118 3221 12292 1799 2500 1778 2912 67771 148703 9525 16396 16039 1945 15929 11370 11021 11293 3424 4268 4525 16574 2576 2940 2491 3096 59168 127726 9855 16262 15853 1946 14186 12784 13059 11807 8778 7872 6673 32740 3213 12338 5379 2566 20344 34335 10837 14036 14137 1947 14059 13029 13438 11856 8433 9469 7765 29776 4367 15901 6133 2436 17281 25367 12329 14330 14031 1948 14677 13323 13708 12170 10775 10428 8172 31334 4596 19026 4831 2843 18542 27378 13112 14600 14660 1949 14601 13692 14120 12464 8226 9533 7422 30294 4029 17588 4786 2742 20755 30046 15108 14947 14577 1950 15878 14570 15214 13011 11615 11385 8104 32461 4447 24064 4190 3241 20779 28399 16349 15820 15853 1951 17106 14799 15033 13780 11649 10906 8479 34946 4576 20145 5135 3369 28386 47155 16475 16944 17093 1952 17761 15266 15371 14399 10534 10701 8315 34809 4445 19784 4913 3665 34178 61369 16749 17846 17747 1953 18579 15995 16167 15006 11029 11448 9062 37902 4848 20485 4584 4010 36627 66331 17578 18726 18554 1954 18461 16331 16340 15530 10517 11627 8868 39201 4576 22183 4806 3812 34132 57637 19115 18778 18445 1955 19791 17536 17844 16311 13072 13141 9851 42011 5203 25776 5319 4271 32885 52422 20494 19836 19778 1956 20182 18049 18112 17094 12894 13191 10413 46421 5341 23678 6197 4618 32912 51508 21156 20290 20180 1957 20588 18497 18422 17685 12333 13048 10571 46396 5480 22230 6737 4812 34379 53343 22408 20812 20591 1958 20403 18658 18234 18260 11312 12113 9410 43866 4680 22463 5826 5040 35484 53320 24312 20661 20385 1959 21866 19718 19381 19164 13603 13804 10159 44917 5237 28170 6427 5571 36688 54992 25232 21965 21840 1960 22408 20260 19721 19915 13600 13922 10737 48488 5459 26165 7543 5645 36751 53496 26338 22542 22391 1961 22930 20677 19846 20648 13512 13879 10670 49151 5354 26238 7583 5607 38600 55739 27961 23082 22925 1962 24319 21700 20867 21624 15227 15133 11602 51393 5974 28754 7965 6243 40977 60488 28818 24356 24325 1963 25382 22593 21701 22543 16249 16306 12247 51986 6476 32142 8535 6411 42032 60526 30552 25450 25393 1964 26851 23939 22994 23885 17589 17882 13701 57399 7303 34011 9540 6752 42958 59725 32626 26969 26867 1965 28575 25453 24623 25204 20058 19708 16088 66553 8641 33017 9807 7471 44250 59697 34813 28534 28588 1966 30437 26897 26184 26453 21825 20838 18100 71109 10024 30063 10487 8581 48149 66303 36998 30250 30423 1967 31206 27703 26697 27541 20827 20453 17856 69313 9958 29117 10728 9206 51844 72903 38868 31178 31193 1968 32717 29301 28350 29009 22039 21881 18654 70299 10578 33086 11572 10578 53472 73491 41168 32735 32709 1969 33733 30399 29216 30303 23323 23242 20070 74096 11513 34063 12131 11181 53347 70969 42557 33762 33710 1970 33798 31112 29447 31487 21791 22754 19963 74300 11399 32026 13435 11658 52059 65738 43738 34075 33772 1971 34932 32297 30679 32574 24275 24477 19964 73082 11512 40808 13663 12280 50926 60677 45077 35024 34923 1972 36788 34283 32685 34458 27150 27420 21797 75359 12997 48061 14689 13662 50556 58197 46068 36878 36784 1973 38920 35982 34378 36091 30331 29926 24968 81520 15381 47752 17458 14296 50379 55748 47381 38845 38995 1974 38705 35683 33124 36783 28097 28055 25177 79755 15774 37895 18837 13972 51648 56243 49164 38734 38835 1975 38623 36492 33349 38164 23120 25042 22689 71355 14272 32975 18718 12419 52812 56426 50970 39148 38657 1976 40695 38525 35684 39802 27791 27511 23800 73073 15164 40740 19536 14848 53049 56453 51346 40689 40776 1977 42566 40146 37215 41447 31989 31465 26486 76079 17449 49486 20006 16471 53630 57647 51532 42475 42681 1978 44940 41916 38753 43375 35846 35274 30450 87058 20106 52602 22115 17898 55210 59092 53216 44818 45034 1979 46345 42912 39373 44700 36989 37265 33517 98098 21861 50672 24307 18195 56241 60519 53998 46419 46581 1980 46217 42761 38376 45389 32926 34844 33429 103837 21075 39949 26925 16987 57337 63390 53958 46716 46449 1981 47390 43410 38830 46203 35886 35623 35333 112161 21971 36747 27256 17433 57860 66420 52873 47359 47542 1982 46470 44015 39101 47103 30859 33125 34003 110325 20829 30075 25173 17214 58876 68989 52898 47071 46651 1983 48570 46531 41589 49568 33733 35541 33563 98404 21950 42524 24524 19386 61027 73561 53514 49055 48719 1984 52060 48998 44586 51508 43672 41543 39486 112125 26303 48836 26526 24105 63078 75829 55444 51619 52155 1985 54214 51551 46931 54173 43266 43729 42103 120095 27974 49608 27331 25669 67471 81771 58879 54347 54151 1986 56092 53642 49556 55784 42971 44237 40901 106935 28504 55696 29429 27863 71573 86407 62669 56412 55899 1987 57887 55297 50448 58007 44295 44480 40870 103859 28895 56807 32594 29511 73300 89477 63575 57981 57672 1988 60266 57525 52322 60469 45337 45947 43008 104539 31074 56231 37815 30671 74220 88010 65933 60457 60093 1989 62420 59152 53643 62301 47156 47328 45409 106616 33351 54524 42161 32022 76240 89379 68340 62521 62242 1990 63591 60359 53975 64151 45569 46340 45633 108187 33361 49819 45954 33168 78655 91185 71112 63834 63482 1991 63442 60450 52904 65110 41862 43335 43186 96150 32504 45032 49005 33118 79514 91000 72585 63850 63276 1992 65595 62511 54571 67431 45254 45904 44565 90354 34873 51263 52370 35440 79885 89351 74156 65833 65403 1993 67466 64731 56838 69589 49299 49839 48456 89768 39226 55450 54086 38505 79253 85842 75244 67669 67263 1994 70214 67203 59836 71666 55998 54500 52915 91405 43904 60840 58802 43098 79245 82555 77197 70004 69913 1995 71980 69021 61623 73488 57743 58010 58478 97235 49158 58850 64755 46547 79705 80353 79247 72102 71711 1996 74672 71429 64383 75640 62851 63213 63940 102744 54383 63550 70133 50595 80507 79423 81090 74799 74395 1997 78000 74066 67453 77973 70672 69045 71658 110280 61861 64751 78490 57409 82020 78641 83980 77740 77620 1998 81397 77950 72010 81409 77747 76537 80264 115911 70837 69732 80281 64119 83759 77758 87291 81192 80937 1999 85326 82213 77745 84744 84592 83658 88640 116049 80857 74092 83785 71500 86761 79270 91179 85155 84928
194 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
2000 88857 86382 81847 88944 90371 89843 97327 125101 89320 74834 90985 80813 88519 79661 93744 88745 88515 2001 89816 88718 84417 91134 84023 88142 94614 123191 86438 75258 85880 78540 91917 82901 97236 90527 89582 2002 91445 91080 87848 92870 82879 84412 87112 101377 82789 79204 84160 81213 96192 88953 100473 91733 91171 2003 93769 93650 91890 94611 86090 87390 88290 97514 85377 85712 85514 84806 98336 94839 100408 94015 93631 2004 97021 96731 95988 97134 94749 93880 93740 98571 92138 94130 93677 94212 99668 98710 100234 96885 97024 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 2006 102658 102850 103322 102599 102742 102375 108027 109180 107590 92667 108969 106099 101359 102127 100910 102596 102423 2007 104622 105218 106394 104599 99412 100390 115039 124578 111168 75379 119108 108652 102713 103399 102311 104808 104731 2008 104270 104637 103776 105067 89296 93228 114125 132595 106411 57345 126376 105733 105381 110819 102310 104991 104692 2009 101069 102602 100697 103558 67124 75494 93507 104659 88911 44489 114835 91422 109262 117613 104568 102598 101328 2010 103486 104460 104304 104554 76327 75326 94148 88308 96822 42862 127623 102832 109955 122883 102711 103478 104193 2011 105356 107103 108263 106543 80284 80311 102288 90733 107473 42268 136152 107746 106497 119480 99224 105506 106304
1947 I 14028 12846 13203 11757 8686 9295 7874 29902 4450 14609 6532 2514 17184 25544 12014 14201 13996 II 14006 13060 13440 11927 7986 9048 7750 29743 4356 13882 6450 2563 17293 25597 12177 14294 13979 III 13995 13102 13530 11901 7730 9355 7596 29945 4209 16009 6122 2273 17451 25611 12461 14410 13967 IV 14207 13106 13580 11839 9332 10178 7841 29515 4454 19103 5429 2395 17193 24718 12663 14415 14182
1948 I 14433 13172 13600 11966 10343 10521 8327 30127 4830 18876 5181 2701 17534 25559 12644 14477 14414 II 14698 13325 13724 12154 11025 10512 8038 30967 4509 19977 4697 2808 18378 27116 13008 14582 14682 III 14777 13344 13710 12219 11143 10399 8058 31892 4451 19341 4807 2955 18735 27669 13239 14607 14761 IV 14800 13450 13800 12342 10588 10279 8264 32349 4594 17908 4638 2907 19523 29169 13559 14733 14784
1949 I 14594 13472 13779 12420 8941 9691 7873 31740 4305 16562 5193 2820 20081 29756 14120 14793 14575 II 14541 13678 14081 12483 7690 9383 7563 30997 4095 16276 5148 2779 20990 30874 14925 14985 14520 III 14704 13709 14153 12457 8364 9360 7187 29626 3879 17671 4718 2665 21201 30534 15546 14978 14679 IV 14566 13910 14469 12495 7907 9696 7064 28813 3836 19841 4084 2705 20750 29021 15843 15033 14535
1950 I 15155 14141 14749 12650 9891 10310 7264 30186 3902 22093 4017 2781 20403 27640 16237 15274 15124 II 15616 14373 14906 12970 10998 11267 7914 31709 4342 24235 4065 2935 20737 28254 16375 15685 15587 III 16227 15111 16022 13171 11988 12108 8624 33545 4809 25567 4171 3621 20339 27251 16387 16249 16209 IV 16513 14656 15178 13254 13581 11856 8612 34404 4733 24363 4509 3628 21635 30451 16397 16072 16492
1951 I 16721 15010 15512 13616 12149 11416 8389 34516 4532 23068 4734 3628 23948 36413 16235 16547 16695 II 16999 14586 14725 13708 12450 10890 8505 35688 4540 19961 5200 3508 27241 44208 16511 16625 16987 III 17337 14756 14887 13880 11488 10714 8600 35472 4640 18688 5328 3211 30332 51849 16591 17175 17328 IV 17367 14842 15007 13915 10509 10603 8422 34108 4593 18861 5278 3127 32023 56150 16564 17430 17364
1952 I 17542 14876 14935 14087 10755 10729 8455 34149 4619 19354 5559 3490 33015 58600 16616 17573 17530 II 17561 15168 15270 14307 9862 10877 8550 34395 4682 19711 4948 3472 34134 60920 16969 17858 17550 III 17679 15241 15254 14497 10387 10210 7777 34682 3989 19513 4557 3684 34472 62487 16510 17684 17665 IV 18263 15780 16025 14704 11132 10987 8477 36010 4490 20560 4588 4014 35090 63469 16900 18270 18243
1953 I 18604 15968 16236 14854 11353 11428 8942 37095 4806 20881 4511 3916 36281 65942 17262 18665 18580 II 18745 16064 16268 15032 11392 11490 9003 37807 4803 20940 4539 4119 37079 68018 17232 18813 18726 III 18631 16027 16131 15124 11124 11499 9208 38017 4965 20146 4721 4103 36631 66162 17693 18767 18601 IV 18336 15920 16033 15012 10248 11375 9096 38688 4815 19972 4565 3901 36517 65201 18124 18660 18308
1954 I 18249 15979 16023 15152 10162 11196 8825 39082 4549 20182 4360 3676 35540 61731 18775 18551 18230 II 18272 16187 16179 15414 10127 11379 8732 39353 4448 21496 4987 4006 34282 58425 18848 18627 18252 III 18478 16407 16350 15682 10645 11833 8970 39267 4659 22808 4827 3765 33455 55519 19373 18811 18458 IV 18848 16751 16806 15872 11135 12098 8944 39101 4649 24245 5049 3801 33252 54873 19463 19125 18839
1955 I 19391 17127 17322 16058 12322 12587 9104 40312 4692 26044 5236 4025 33212 53552 20280 19490 19381 II 19711 17455 17810 16176 13101 13128 9676 41312 5108 26429 5114 4253 32882 52337 20546 19746 19697 III 19975 17671 18058 16342 13288 13418 10171 42683 5427 25865 5450 4325 33082 52889 20514 20034 19960 IV 20086 17893 18186 16668 13576 13431 10451 43738 5586 24768 5474 4482 32365 50910 20634 20076 20074
1956 I 19995 17922 18105 16828 13120 13145 10257 45096 5310 24114 5734 4670 32347 50530 20857 20032 19997 II 20152 17982 18078 16989 12971 13251 10417 46703 5322 23970 6121 4645 33025 51855 21113 20254 20152 III 20126 18022 18003 17168 12819 13229 10501 46999 5372 23499 6324 4686 32713 50911 21218 20262 20130 IV 20455 18270 18261 17392 12667 13138 10476 46887 5359 23131 6608 4471 33563 52735 21434 20612 20439
1957 I 20581 18396 18432 17459 12463 13138 10551 46482 5456 22801 7039 4826 34252 53672 21973 20793 20587 II 20531 18429 18365 17609 12446 13011 10523 46450 5434 22250 6830 4864 34039 52858 22158 20716 20549 III 20729 18576 18519 17738 12743 13142 10745 46458 5625 21950 6639 4770 34300 53050 22471 20872 20738 IV 20511 18585 18374 17933 11679 12902 10466 46194 5405 21918 6440 4787 34925 53793 23030 20867 20490
1958 I 19956 18332 17935 17916 10811 12103 9709 45328 4824 21051 5801 4858 34535 51864 23681 20333 19942 II 20078 18483 17990 18175 10555 11760 9290 43825 4581 21104 5829 5066 35400 53530 24023 20439 20065 III 20549 18785 18329 18419 11426 11927 9150 42825 4538 22643 5847 4989 35621 53321 24548 20737 20528 IV 21028 19034 18683 18530 12456 12662 9491 43486 4777 25055 5829 5250 36381 54566 24996 21137 21003
1959 I 21453 19386 19117 18769 13159 13439 9786 43334 5039 27906 6214 5385 36145 53666 25203 21573 21424 II 21995 19684 19420 19048 14258 13874 10085 44676 5192 28897 6421 5645 36696 54950 25272 21945 21962 III 21969 19889 19573 19304 13266 14044 10404 46005 5362 28351 6625 5698 37158 56085 25294 22212 21945 IV 22046 19912 19414 19537 13730 13857 10363 45655 5354 27524 6448 5554 36753 55268 25159 22128 22030
1960 I 22540 20103 19609 19714 15215 14341 10762 47560 5549 28314 7255 5764 36029 52782 25597 22370 22516 II 22435 20357 19883 19933 13675 14052 10929 48124 5648 25986 7716 5807 36322 52580 26223 22584 22414 III 22472 20276 19756 19909 13594 13676 10657 48216 5411 25197 7522 5637 37197 54212 26614 22552 22457 IV 22184 20303 19637 20102 11915 13620 10598 50051 5227 25164 7677 5371 37456 54410 26919 22662 22179
1961 I 22315 20297 19451 20304 12219 13449 10375 49824 5056 25261 7625 5345 37946 54339 27792 22680 22319 II 22733 20599 19745 20600 13129 13647 10589 48994 5297 25352 7519 5410 38037 54847 27604 22923 22725 III 23100 20699 19874 20662 14229 13975 10677 49022 5369 26721 7478 5768 38783 56387 27838 23100 23093 IV 23570 21114 20316 21026 14469 14446 11038 48764 5692 27618 7709 5905 39635 57381 28610 23625 23563
195 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1962 I 23993 21338 20554 21225 15332 14755 11294 49678 5841 28116 7690 6085 40336 59488 28403 23914 23982 II 24258 21600 20756 21542 15184 15203 11631 51488 5991 28995 8428 6218 40555 59733 28607 24321 24261 III 24482 21776 20915 21728 15455 15325 11781 52844 6017 28971 7957 6297 41478 61530 28972 24510 24485 IV 24542 22084 21242 22002 14936 15250 11701 51563 6045 28933 7785 6374 41538 61199 29288 24679 24571
1963 I 24863 22233 21441 22089 15765 15428 11683 49768 6164 29978 7967 6226 41285 59714 29839 24843 24880 II 25174 22446 21618 22330 15995 16144 12056 52126 6303 32135 8900 6373 41233 59161 30110 25265 25182 III 25648 22752 21835 22721 16517 16562 12421 52488 6586 32730 8424 6534 43001 62445 30915 25713 25656 IV 25843 22941 21909 23031 16720 17091 12829 53562 6851 33726 8847 6513 42610 60783 31346 25980 25856
1964 I 26423 23394 22416 23403 17407 17743 13148 54952 7018 35792 9389 6507 42768 60473 31813 26548 26449 II 26727 23806 22888 23729 17327 17695 13483 56815 7161 33990 9545 6653 43045 60070 32544 26864 26742 III 27090 24243 23422 24039 17739 17978 13941 58681 7409 33435 9471 6832 43071 59598 32899 27197 27109 IV 27165 24311 23250 24368 17884 18110 14231 59147 7622 32825 9753 7017 42947 58760 33247 27267 27168
1965 I 27832 24852 24007 24645 19683 18935 15187 62180 8208 32940 8701 6764 42843 58020 33562 27699 27858 II 28210 25126 24181 25018 19682 19465 15759 66513 8361 33197 10335 7562 43396 58132 34414 28199 28240 III 28782 25558 24676 25360 20385 19992 16355 67213 8820 33327 9743 7593 44897 60480 35383 28729 28792 IV 29477 26276 25627 25791 20479 20441 17051 70307 9175 32605 10449 7964 45862 62158 35893 29509 29462
1966 I 30200 26664 26109 26059 22211 21205 17794 71978 9687 33346 10266 8169 46687 63579 36338 30001 30187 II 30301 26733 25979 26343 21805 20931 18071 70590 10040 30671 10715 8373 47514 65262 36619 30137 30287 III 30500 27039 26353 26560 21589 20924 18291 72162 10104 29674 10313 8842 48800 67904 37042 30388 30481 IV 30747 27151 26298 26850 21693 20290 18244 69704 10265 26561 10653 8941 49594 68469 37995 30474 30735
1967 I 31018 27310 26366 27099 21099 19813 17858 70424 9867 25762 10859 9082 51699 73163 38465 30782 31001 II 31025 27682 26825 27361 20199 20320 17794 68421 9976 28691 10760 9009 51418 72103 38675 31111 31002 III 31272 27824 26746 27734 20779 20520 17704 69145 9838 30129 10498 9127 51953 73249 38827 31270 31268 IV 31511 27996 26851 27968 21229 21160 18069 69260 10149 31884 10797 9608 52307 73097 39504 31547 31499
1968 I 32160 28664 27706 28406 21691 21671 18637 70618 10536 32079 11111 10174 53220 74368 40197 32207 32149 II 32706 29104 28121 28853 22568 21560 18313 70020 10300 32889 11332 10330 53466 73771 40979 32531 32696 III 32930 29651 28810 29226 21835 21878 18557 69568 10555 33480 11998 10951 53578 73136 41568 32997 32925 IV 33072 29787 28763 29550 22062 22415 19107 70990 10922 33897 11845 10858 53622 72689 41927 33206 33065
1969 I 33593 30120 29148 29814 23515 23122 19672 72087 11332 35118 10424 9834 53674 72285 42268 33550 33583 II 33691 30313 29169 30180 23328 23223 19885 72659 11474 34741 12760 11774 53450 71132 42623 33715 33671 III 33904 30459 29221 30420 23867 23610 20422 76085 11655 34457 12454 11622 53525 71182 42713 33889 33872 IV 33745 30702 29326 30797 22582 23013 20300 75553 11593 31937 12886 11494 52739 69277 42625 33896 33714
1970 I 33692 30891 29374 31124 21875 22931 20182 74959 11539 32001 12997 11456 52455 67908 43021 33988 33667 II 33753 31032 29457 31319 21943 22421 20072 74192 11508 29868 13569 11683 51777 65781 43251 33923 33736 III 34054 31304 29638 31673 22318 22820 20174 74462 11575 31460 13525 11656 52001 64808 44228 34227 34031 IV 33693 31219 29318 31833 21026 22842 19423 73588 10972 34776 13649 11837 52002 64455 44451 34163 33653
1971 I 34622 31816 30259 32051 23756 23353 19600 73404 11148 36632 13701 11697 51160 61946 44653 34586 34614 II 34818 32107 30508 32373 24492 24319 19890 73214 11430 40329 13674 12580 50996 61053 44952 34825 34822 III 35096 32364 30704 32680 24814 24779 19970 72951 11527 42316 14236 12858 50964 60796 45063 35131 35073 IV 35194 32902 31244 33193 24038 25456 20397 72760 11941 43956 13042 11986 50584 58915 45642 35555 35183
1972 I 35823 33341 31536 33761 25738 26601 21083 74662 12395 46888 14423 13738 50768 59155 45792 36049 35818 II 36672 33978 32370 34174 27313 27070 21432 75081 12680 47807 14004 13250 51083 60101 45695 36647 36658 III 37024 34502 32933 34638 27702 27368 21767 75247 12979 47918 14849 13526 50030 56860 46068 36978 37028 IV 37634 35311 33899 35257 27846 28641 22905 76445 13934 49630 15479 14135 50344 56673 46717 37838 37632
1973 I 38596 35957 34709 35712 29614 29851 23975 78942 14697 51300 16613 14788 50839 57611 46928 38667 38630 II 39043 35939 34374 36011 30998 30110 24954 81408 15378 48690 17414 14362 50536 56718 47009 38857 39094 III 38835 36068 34385 36252 29786 30022 25373 83248 15587 46624 17472 13965 49887 54311 47503 38905 38944 IV 39205 35963 34044 36389 30926 29720 25572 82482 15861 44396 18331 14069 50254 54354 48085 38950 39314
1974 I 38861 35648 33489 36334 28952 29018 25544 82018 15882 41140 18565 13592 51305 56066 48713 38902 39043 II 38961 35772 33384 36689 28809 28601 25487 81680 15862 39346 19468 14312 51651 55977 49339 38945 39116 III 38575 35919 33492 36869 27184 28097 25190 78135 15968 38050 18418 14062 51728 56258 49286 38825 38693 IV 38424 35393 32132 37241 27442 26504 24486 77186 15383 33043 18899 13922 51908 56671 49317 38261 38486
1975 I 37956 35690 32365 37588 22622 24881 22984 73213 14356 31002 19032 12526 52544 56034 50778 38560 37966 II 38246 36285 33056 38054 21836 24531 22383 70455 14074 31668 18479 11523 52140 55584 50401 38956 38256 III 38891 36802 33872 38238 23686 25144 22589 70853 14231 33873 18167 12481 53057 56970 51025 39306 38920 IV 39399 37192 34103 38776 24337 25613 22799 70901 14429 35356 19195 13147 53507 57115 51675 39770 39486
1976 I 40294 37935 35101 39229 26857 26674 23211 72812 14622 38970 19061 13971 53640 56588 52238 40320 40363 II 40597 38283 35524 39488 28002 27130 23494 72592 14919 40091 19254 14576 53052 56466 51342 40456 40679 III 40796 38688 35837 39969 28054 27414 24008 73329 15338 39437 19813 15171 52773 56306 50983 40706 40880 IV 41092 39192 36272 40522 28249 28825 24487 73558 15778 44464 20014 15673 52732 56450 50821 41275 41184
1977 I 41569 39640 36666 41005 29639 29867 25438 73307 16730 45805 19693 16415 53210 56919 51310 41662 41714 II 42395 39859 36936 41164 31930 31534 26172 76049 17144 51045 20224 16566 53763 57857 51614 42332 42525 III 43154 40239 37233 41610 33670 31942 26720 77201 17553 50884 20380 16335 53861 58191 51560 42777 43273 IV 43145 40846 38027 42010 32719 32518 27615 77757 18369 50211 19726 16567 53688 57621 51645 43126 43214
1978 I 43292 41085 37814 42681 33368 32791 27888 77607 18655 50464 20191 17679 53775 57823 51657 43181 43422 II 44995 41963 38899 43324 35659 35171 30240 85196 20112 52888 22295 17735 55227 59202 53172 44895 45036 III 45436 42139 38931 43634 36760 36182 31320 90815 20535 53623 22540 17966 55667 59411 53768 45306 45509 IV 46037 42478 39370 43862 37596 36953 32353 94614 21119 53434 23434 18213 56172 59932 54268 45888 46168
196 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1979 I 46114 42693 39340 44308 37590 37234 33057 94087 21884 52185 23454 18163 55667 60013 53375 46033 46256 II 46158 42668 39008 44584 37503 36945 32958 95449 21621 51211 23516 18261 56255 60755 53869 46031 46358 III 46489 43087 39657 44762 36773 37616 33985 99899 22115 50602 24363 17982 56337 60661 54066 46699 46794 IV 46617 43202 39489 45148 36089 37265 34070 102958 21825 48691 25896 18375 56704 60647 54683 46912 46916
1980 I 46767 43127 39289 45199 35827 36739 34444 104548 22009 44965 26619 18389 57616 62588 54936 47003 47077 II 45809 42148 37670 44894 32595 33543 32696 102253 20527 36646 27120 17054 57795 64162 54218 46081 46076 III 45724 42600 38057 45391 30110 33874 32942 102762 20716 37273 27063 15828 56998 63297 53456 46682 45956 IV 46569 43168 38490 46070 33172 35220 33635 105785 21049 40915 26899 16677 56940 63511 53223 47099 46687
1981 I 47537 43404 39043 45985 36468 35478 34177 105721 21613 40183 27407 17389 57696 64826 53623 47331 47679 II 47158 43404 38731 46289 34732 35712 34866 109705 21813 38821 27555 17416 57825 66761 52596 47425 47273 III 47731 43580 39122 46250 36888 35716 35715 112472 22329 35826 26969 17217 57694 66689 52427 47480 47871 IV 47136 43250 38423 46287 35457 35586 36574 120746 22130 32157 27094 17711 58225 67403 52844 47200 47343
1982 I 46363 43530 38808 46457 31763 34507 35709 116906 21735 30303 25919 17206 58167 67508 52680 47067 46545 II 46614 43686 38799 46762 31735 33301 34432 113096 20906 29347 26075 16925 58506 68120 52846 47047 46860 III 46434 44021 39005 47202 31365 32373 33269 106861 20524 29254 24920 17710 58906 69141 52850 46739 46590 IV 46471 44824 39792 47992 28572 32321 32600 104435 20150 31396 23779 17015 59923 71185 53217 47431 46608
1983 I 47049 45263 40000 48622 29589 33027 31990 100175 20082 36747 24163 17405 60373 72042 53408 47932 47176 II 48106 46162 41179 49243 32445 34302 32381 95420 21114 41100 24236 18743 60889 73574 53279 48611 48257 III 49055 46978 42093 49949 34626 36352 33845 97652 22342 45171 24601 20203 61946 75639 53700 49512 49208 IV 50069 47723 43084 50458 38272 38482 36037 100370 24262 47080 25097 21194 60899 72990 53667 50163 50234
1984 I 51040 48132 43667 50707 42278 39689 37212 106076 24734 48388 25622 22897 61512 73614 54281 50498 51157 II 51921 48820 44641 51134 43704 41321 39062 111401 25957 49283 26259 23857 62838 75924 54984 51424 52034 III 52426 49197 44669 51801 44720 42202 40349 114917 26832 48810 26839 24474 63302 75634 55942 51898 52530 IV 52853 49845 45367 52391 43986 42960 41322 116107 27691 48861 27384 25191 64659 78144 56569 52655 52898
1985 I 53351 50690 46067 53338 42536 43292 41802 121028 27531 48709 27403 24635 65400 78977 57256 53547 53301 II 53803 51152 46488 53822 43270 43836 42397 120962 28166 49098 27304 25846 66867 80904 58439 53955 53773 III 54644 52124 47727 54546 42792 43483 41749 118457 27824 49722 26904 25596 68603 83617 59565 54831 54541 IV 55058 52238 47442 54985 44465 44304 42465 119932 28376 50904 27714 26599 69013 83585 60258 55056 54988
1986 I 55587 52674 48163 55175 44373 44368 41882 116932 28169 53080 28590 26575 69759 83141 61759 55622 55470 II 55811 53235 49019 55487 43389 44262 40834 105913 28574 56026 28901 27707 71242 85792 62514 56042 55605 III 56349 54166 50538 55935 42028 44013 40236 102136 28461 56889 29562 28475 72854 89039 63114 56831 56166 IV 56621 54492 50506 56538 42094 44306 40650 102760 28813 56787 30663 28694 72436 87657 63290 57153 56356
1987 I 56935 54409 49473 57205 43380 43428 39532 100357 27965 56637 30686 28522 72732 88179 63449 57000 56689 II 57540 55138 50421 57748 43440 44205 40479 101537 28804 56886 31904 29234 73192 89403 63446 57760 57338 III 58040 55753 51179 58240 43484 45146 41783 105766 29599 56714 33279 29802 73194 89498 63393 58450 57827 IV 59033 55887 50721 58835 46875 45140 41686 107774 29213 56992 34509 30487 74080 90829 64012 58713 58834
1988 I 59338 56820 51918 59545 44234 45081 42007 103705 30124 55759 36421 30345 73721 88361 64922 59581 59200 II 60100 57233 52188 60060 45310 45963 43039 105858 30919 56201 37429 29996 73914 87461 65773 60299 59929 III 60410 57684 52178 60858 45601 46140 43265 104428 31364 56236 38123 30704 73871 86806 66099 60586 60209 IV 61217 58364 53005 61412 46205 46603 43721 104166 31890 56730 39287 31640 75372 89413 66939 61364 61035
1989 I 61792 58578 53079 61728 47975 47067 44460 105845 32442 56358 40442 31786 74909 87583 67290 61660 61600 II 62254 58840 53378 61958 47415 47131 45092 104650 33297 54689 42202 31937 76069 89554 67965 62259 62048 III 62748 59450 54147 62437 46858 47951 46384 108318 34153 54093 42664 31893 76786 90416 68595 63043 62560 IV 62885 59741 53967 63081 46377 47162 45700 107653 33513 52957 43335 32471 77194 89962 69512 63122 62761
1990 I 63542 60214 54691 63356 46833 47748 46307 110021 33819 53496 45229 33500 78385 91312 70609 63807 63391 II 63794 60412 54105 64146 46846 46644 45507 109482 33032 51438 45843 33444 78501 91421 70730 63834 63652 III 63793 60642 53978 64639 45744 46140 45797 109081 33405 48516 46178 33310 78478 90605 71172 63960 63597 IV 63234 60170 53127 64461 42851 44826 44922 104163 33190 45828 46565 32416 79257 91401 71939 63733 63287
1991 I 62928 59998 52671 64505 41106 43291 43763 101920 32266 43102 46899 32047 79579 92110 72031 63478 62851 II 63353 60456 52966 65076 40900 43226 43343 99143 32224 44120 48587 32617 79857 92371 72317 63935 63155 III 63620 60687 53285 65237 41918 43370 42933 92709 32744 45949 49700 33535 79478 90650 72733 64023 63385 IV 63869 60659 52695 65624 43523 43452 42707 90827 32781 46957 50833 34275 79144 88871 73258 63965 63713
1992 I 64570 61703 53888 66542 42555 43902 42515 89684 32744 49352 51739 34525 79745 88899 74201 64953 64404 II 65256 62068 54163 66969 45358 45628 44201 89690 34575 51240 51741 35092 79651 88810 74106 65418 65080 III 65930 62755 54755 67714 45827 46321 45094 90466 35430 51358 52865 35646 80060 89824 74153 66137 65715 IV 66623 63520 55480 68499 47277 47764 46451 91574 36743 53102 53135 36499 80083 89870 74165 66825 66413
1993 I 66746 63778 55695 68783 48388 48042 46746 89242 37427 53344 53255 37289 79239 87106 74467 66781 66610 II 67173 64390 56587 69188 48768 49117 47990 89101 38816 53972 53907 38060 79180 85876 75107 67341 66965 III 67526 65089 57172 69960 48734 49988 48525 89531 39338 55835 53731 38561 79101 84970 75523 67869 67374 IV 68418 65668 57900 70427 51306 52208 50562 91200 41324 58647 55450 40110 79491 85415 75880 68682 68105
197 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1994 I 69084 66399 58881 70976 53519 52902 51065 87474 42484 59891 55981 41045 78480 82358 76093 69050 68835 II 70029 66892 59404 71441 56639 54174 52097 92472 42818 61875 57827 42574 78810 81893 76899 69631 69732 III 70480 67427 59956 71961 55621 54712 53073 92365 43922 61199 60036 43772 80192 84140 77761 70386 70156 IV 71263 68093 61103 72286 58214 56210 55424 93307 46393 60397 61365 45003 79500 81830 78034 70951 70928
1995 I 71438 68172 60799 72630 58805 57493 57689 95652 48538 59055 62493 45990 79816 81630 78659 71254 71195 II 71591 68731 61209 73287 57224 57275 58089 97565 48660 57157 63354 46427 80083 81307 79279 71675 71373 III 72193 69346 61950 73809 56673 58031 58479 98275 48977 58924 66110 46587 79907 80754 79329 72529 71833 IV 72696 69833 62535 74226 58269 59241 59655 97447 50456 60261 67064 47182 79013 77722 79720 72952 72441
1996 I 73194 70472 63036 74953 59036 60738 61136 99185 51830 61845 67909 48716 79519 79341 79556 73582 72995 II 74460 71269 64265 75451 62094 62713 62893 101358 53442 64457 69047 49806 80661 80472 80706 74636 74167 III 75107 71696 64722 75854 65225 64164 64986 102607 55606 64280 69606 51421 80583 79053 81434 74962 74778 IV 75927 72280 65507 76301 65048 65236 66744 107828 56653 63615 73969 52436 81266 78825 82662 76014 75640
1997 I 76511 73008 66391 76921 66567 66510 68447 108777 58432 63831 75378 54675 81411 77764 83534 76548 76139 II 77646 73304 66340 77443 70817 67943 70146 107813 60580 64638 78363 56511 82116 79142 83832 77157 77338 III 78620 74550 68075 78364 72076 70560 73722 111880 63946 64935 80184 58593 82208 78884 84135 78375 78232 IV 79223 75403 69005 79162 73227 71166 74315 112649 64486 65601 80038 59858 82344 78776 84419 78879 78772
1998 I 79972 76153 69541 80042 76723 73308 76885 111433 67764 66771 80415 62103 81849 76319 85101 79375 79596 II 80691 77463 71369 81018 75805 75863 79699 117435 69840 68778 79488 63526 83628 78419 86686 80716 80286 III 81756 78491 72458 82003 77977 77307 80900 117481 71257 70842 79119 64382 84402 77767 88313 81647 81222 IV 83171 79694 74671 82574 80485 79670 83570 117294 74486 72538 82103 66465 85157 78529 89063 83032 82643
1999 I 83912 80480 75597 83271 83019 81148 85509 116811 76910 72969 81472 68158 85593 78010 90065 83578 83482 II 84568 81747 77386 84213 82729 83047 87906 115395 80111 73755 82409 70330 85950 78009 90636 84619 84178 III 85643 82729 78318 85224 84805 84979 90432 115306 83187 74367 84570 72881 87061 79646 91435 85664 85217 IV 87181 83896 79680 86269 87814 85457 90714 116684 83219 75278 86689 74629 88438 81416 92579 86758 86836
2000 I 87409 85169 80896 87574 86586 87955 94085 118937 86812 75867 88184 77656 87714 78194 93332 87633 87021 II 89114 85969 81340 88591 92581 90167 97556 123869 89896 75349 90688 80023 88884 81324 93347 88669 88743 III 89189 86811 82208 89413 91135 90487 98638 128533 90113 74027 92900 82818 88604 79747 93827 89054 88779 IV 89717 87579 82942 90197 91181 90764 99027 129064 90460 74091 92168 82757 88874 79379 94470 89625 89518
2001 I 89422 87928 83159 90621 86364 90227 98096 125506 90180 74430 90960 81550 90188 81069 95564 90079 89102 II 90009 88260 83398 91006 86084 88816 95517 125954 86853 75477 87991 79121 92061 82805 97518 90477 89755 III 89760 88648 84025 91251 84259 87875 93924 126665 84670 75885 83462 77205 91893 83361 96931 90385 89310 IV 90074 90036 87088 91657 79386 85649 90921 114639 84048 75240 81109 76285 93525 84368 98931 91169 90163
2002 I 90844 90347 86914 92251 82028 84863 88755 108414 82967 77249 82405 78196 94958 86376 100030 91352 90591 II 91327 90806 87328 92738 83018 84535 87330 102546 82740 79143 84641 80837 95870 88372 100302 91611 90915 III 91790 91422 88451 93063 83230 84429 86944 97994 83495 79604 85231 82170 96646 89772 100711 92022 91499 IV 91821 91746 88701 93428 83242 83820 85419 96553 81954 80820 84363 83647 97293 91289 100848 91950 91679
2003 I 92204 92210 89300 93811 83343 83937 85193 95591 81943 81601 83584 82638 97091 91315 100511 92337 91940 II 92986 93123 90947 94312 83865 86121 87543 98449 84144 83454 83313 83817 98534 95718 100201 93396 92830 III 94516 94377 93368 94921 86932 88919 89572 98237 86818 87708 85575 84803 98824 95812 100608 94875 94345 IV 95371 94890 93945 95399 90222 90584 90851 97780 88603 90085 89585 87966 98895 96511 100310 95451 95408
2004 I 95999 95730 94926 96164 90693 90405 90128 97210 87837 90898 91717 90207 99366 97749 100325 95972 96178 II 96617 96155 95138 96707 94634 93193 92565 98337 90666 94318 93154 93828 99730 98304 100575 96384 96580 III 97336 96996 96303 97372 95849 95158 95089 99325 93663 95274 93845 95199 100094 100010 100140 97226 97379 IV 98133 98044 97584 98293 97820 96765 97178 99414 96385 96030 95993 97613 99482 98778 99895 97957 97960
2005 I 99145 98825 98656 98917 99893 97949 98055 101195 96951 97776 97786 98181 99577 99190 99806 98816 99240 II 99586 99803 100017 99689 98113 99692 99498 100812 99015 100050 99885 99265 99685 99286 99922 99858 99588 III 100377 100561 100786 100439 99207 100977 100921 98696 101699 101075 99909 99876 100590 101608 99995 100680 100446 IV 100892 100811 100541 100955 102787 101381 101526 99297 102334 101099 102420 102677 100147 99915 100277 100646 100726
2006 I 102166 101843 102277 101612 104330 103749 105886 103696 106721 100024 106411 104622 101147 102763 100205 102059 102001 II 102581 102457 102633 102362 104183 103277 107797 109068 107314 95488 108200 105792 101232 101887 100851 102420 102370 III 102594 103071 103502 102841 102714 101952 108938 111771 107855 89974 108360 107058 101386 101792 101149 102464 102276 IV 103292 104030 104875 103582 99741 100520 109488 112185 108471 85182 112904 106924 101670 102066 101437 103438 103044
2007 I 103432 104608 105555 104107 98750 100223 111223 115080 109728 81458 114672 108480 101552 100828 101960 103700 103164 II 104362 105010 106055 104457 100953 101096 114118 122401 110781 78890 116571 109019 102401 102582 102288 104399 104153 III 105125 105472 106845 104750 100184 100749 116631 129246 111475 73635 120910 109282 103292 104950 102334 105240 105391 IV 105569 105783 107121 105081 97759 99491 118185 131584 112690 67531 124281 107828 103606 105236 102661 105894 106218
2008 I 105101 105515 105599 105465 94633 97363 117944 131860 112220 62104 125966 108203 104391 107703 102501 105606 105595 II 105447 105478 105719 105344 93176 96078 117269 134869 109945 59721 129793 107511 104838 108996 102473 105988 105947 III 104468 104458 103615 104884 89061 92989 114238 133594 106148 56484 128631 105698 105941 112058 102490 105190 105089 IV 102064 103096 100171 104576 80314 86480 107050 130057 97330 51072 121112 101518 106356 114518 101776 103181 102137
2009 I 100697 102681 100211 103924 69786 79032 98291 118743 89688 45843 111295 91526 106825 113639 102992 102365 100781 II 100618 102224 99684 103494 64480 75092 93667 108062 87704 43058 111460 87652 109307 117333 104794 102521 100681 III 100980 102757 101506 103385 64208 74501 91786 99980 88474 44799 115116 91196 110312 119129 105359 102826 101378 IV 101981 102747 101389 103429 70022 73352 90285 91848 89777 44257 121467 95312 110602 120352 105128 102682 102472
2010 I 102572 103377 102691 103729 73259 73180 90749 86033 92913 42934 123231 97689 109727 120535 103665 102718 103159 II 103142 104042 103531 104310 75792 75696 93411 88731 95582 45223 126079 102286 110498 123355 103292 103280 103902 III 103807 104685 104499 104795 78722 75515 95162 88245 98309 41570 129030 105672 110416 124468 102544 103440 104567 IV 104423 105736 106495 105380 77535 76913 97269 90222 100486 41720 132151 105680 109179 123172 101342 104475 105142
2011 I 104443 106559 107915 105903 76492 76660 96954 83055 103161 41577 134004 106787 107210 119864 100117 104624 105300 II 105084 106812 107655 106412 78778 78942 100297 89561 105120 41994 135352 106816 106985 120681 99317 105258 106022 III 105418 107251 108021 106886 79906 81835 104746 93866 109637 42139 137379 108037 106189 119351 98818 105871 106404 IV 106481 107790 109462 106970 85959 83807 107156 96449 111972 43361 137871 109345 105604 118024 98643 106271 107490
2012 I 106999 108443 110722 107318 87241 85785 109108 99421 113460 45433 139356 110179 104804 116751 98103 106897 107655 II 107408 108843 110922 107817 89029 87074 110536 99638 115439 46502 141176 111785 104425 116647 97574 107222
198 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1929 10593 10517 16312 7786 11298 15049 4650 24602 5275 15659 11318 6389 6924 4809 10362 10580 10614 10601 1930 10184 10073 15445 7563 10836 14344 4402 23616 5161 14177 9651 6192 6617 4675 9935 10172 10226 10213 ndash39 ndash41 ndash39 1931 9172 8995 13318 7031 10022 13354 4027 22385 4672 11155 7799 5880 6566 4395 8960 9162 9169 9159 ndash99 ndash98 ndash99 1932 8129 7934 11477 6352 8854 12089 3495 21113 3808 9675 6252 5352 6253 3956 7918 8120 8097 8088 ndash114 ndash116 ndash114 1933 7916 7652 11384 5953 8709 11882 3531 20284 3756 9674 5992 5511 6321 4096 7700 7908 7880 7872 ndash26 ndash28 ndash26 1934 8303 7999 12506 5876 9145 12297 3543 21428 4169 11218 6807 5929 6755 4420 8068 8296 8313 8306 49 48 49 1935 8468 8194 12834 6006 9188 12424 3708 21239 4109 11503 6920 5979 6834 4451 8226 8461 8482 8475 20 20 20 1936 8561 8268 12883 6103 9279 12404 3702 21206 4310 11891 7404 6159 7463 4432 8328 8553 8573 8565 11 12 11 1937 8876 8570 13347 6330 10084 13443 4206 22419 4728 12681 8263 6290 7584 4541 8651 8866 8944 8934 37 39 37 1938 8708 8376 12808 6336 10221 13548 4126 22959 4877 12095 7636 6303 7713 4505 8478 8697 8684 8673 ndash19 ndash20 ndash19 1939 8599 8295 12616 6319 10166 13404 4081 22717 4910 11932 8014 6201 7568 4441 8389 8586 8599 8586 ndash13 ndash10 ndash13 1940 8674 8365 12728 6369 10423 13712 4147 23325 5057 12942 8549 6129 7270 4480 8450 8661 8700 8687 09 07 09 1941 9239 8883 13770 6594 11193 14614 4438 24809 5524 14130 9029 6507 7651 4781 8988 9226 9285 9271 65 64 65 1942 10000 9989 16045 7059 12272 16154 4951 27285 5935 17073 10342 6539 7506 5284 9709 9984 10014 9998 82 80 82 1943 10562 10907 17888 7500 12808 16675 5381 27428 6424 18676 11132 6645 7577 5675 10253 10544 10556 10537 56 56 56 1944 10815 11534 19078 7845 13239 17011 5500 27955 7048 21035 11693 6559 7444 5895 10486 10795 10807 10787 24 23 24 1945 11091 11995 19950 8101 13658 17446 5744 28427 7524 20862 12021 6633 7512 6090 10764 11072 11093 11074 26 27 26 1946 12369 12831 21473 8593 15061 19298 6433 31118 8169 20164 13403 8213 9584 6654 12081 12353 12410 12394 115 122 116 1947 13743 14132 24057 9220 17688 22449 7798 35253 9784 23413 16058 8875 10168 7466 13414 13727 13755 13739 111 110 111 1948 14522 14932 25478 9706 19198 24383 8675 37794 10606 24661 17451 9218 10074 8346 14192 14506 14526 14510 57 58 57 1949 14515 14818 24887 9872 19572 24948 8645 39253 10747 23190 16633 9482 10503 8418 14210 14497 14499 14481 00 01 ndash01 1950 14628 14996 24968 10125 20006 25459 8753 40238 11012 22583 17667 9488 10442 8494 14373 14610 14656 14638 08 11 08 1951 15635 16016 26981 10624 21733 27902 9761 43656 11801 25515 21353 10118 10898 9365 15402 15614 15712 15690 69 72 69 1952 15976 16345 27241 11012 22264 28534 10021 44539 12125 25670 20580 10321 11005 9768 15709 15954 15982 15960 22 20 22 1953 16178 16563 27117 11440 22449 28790 10217 44647 12212 25598 19696 10429 11080 9958 15881 16157 16174 16153 13 11 13 1954 16342 16704 27016 11728 22619 29066 10093 45718 12261 25250 19965 10650 11337 10123 16059 16321 16322 16301 10 11 10 1955 16576 16772 26857 11930 22989 29462 10295 46151 12516 25466 19858 11093 11947 10320 16280 16557 16601 16582 14 14 14 1956 17148 17108 27314 12217 24341 31782 11176 49581 12835 26318 20208 11716 12562 10981 16831 17128 17170 17150 35 34 34 1957 17749 17628 28168 12574 25187 33406 11655 52392 12868 27316 20438 12234 13125 11456 17400 17727 17741 17720 35 34 35 1958 18157 18043 28809 12882 25249 33570 11468 53415 12836 27039 19589 12602 13663 11608 17779 18136 18139 18118 23 22 23 1959 18363 18314 28957 13229 25488 34011 11530 54395 12875 27094 19766 12653 13564 11851 17987 18344 18355 18336 11 12 11 1960 18620 18615 29184 13580 25624 34165 11516 54845 12962 27474 19955 12809 13677 12066 18235 18601 18612 18592 14 14 14 1961 18830 18810 29294 13826 25543 33970 11446 54544 12983 27892 19955 13065 13908 12357 18428 18811 18821 18802 11 11 11 1962 19087 19032 29444 14089 25559 33975 11537 54274 13003 27961 19720 13398 14202 12743 18670 19069 19078 19060 14 13 14 1963 19290 19254 29689 14305 25485 33971 11636 53975 12901 27898 20102 13690 14506 13028 18887 19273 19281 19264 11 12 11 1964 19589 19536 30013 14572 25640 34142 11801 53952 13003 28128 20526 14070 14995 13293 19191 19572 19580 19563 16 16 16 1965 19945 19819 30328 14845 26077 34532 12143 54001 13372 29023 20812 14444 15379 13662 19524 19929 19936 19920 18 17 18 1966 20511 20322 30996 15276 26626 35047 12580 54144 13857 29900 21297 15044 15914 14334 20071 20495 20502 20486 28 28 28 1967 21142 20834 31542 15785 27372 35939 12973 55344 14339 31045 21379 15671 16386 15137 20654 21126 21133 21116 31 29 31 1968 22040 21645 32642 16467 28472 37203 13621 56831 15100 31723 21704 16520 17287 15945 21526 22024 22031 22015 42 42 43 1969 23130 22626 33907 17324 29877 38740 14518 58411 16144 32796 22270 17517 18226 17013 22582 23112 23119 23101 49 49 49 1970 24349 23685 35200 18285 31162 40571 15473 60560 16666 34053 23587 18945 19699 18411 23798 24331 24338 24320 53 54 53 1971 25567 24692 36258 19284 32731 42479 16664 62360 17632 35310 25035 20421 21383 19720 25021 25549 25554 25537 50 51 50 1972 26670 25536 37186 20102 34135 43914 17863 63112 18703 36956 26789 21989 23471 20896 26134 26652 26657 26639 43 44 43 1973 28148 26913 39404 21077 36020 45605 19247 64184 20359 41816 31446 23594 25080 22495 27647 28134 28136 28121 55 58 56 1974 30695 29716 44322 22866 39568 50008 21910 68917 22460 51517 44989 25977 27315 24970 30484 30674 30690 30669 90 103 90 1975 33606 32198 47903 24834 44525 56893 24534 79100 24547 56781 48734 28586 30158 27410 33328 33584 33591 33570 95 93 95 1976 35535 33966 49777 26556 47106 60048 25741 83754 26124 58645 50201 30469 32302 29114 35238 35518 35519 35502 57 57 58 1977 37796 36171 52435 28558 50803 64157 27973 88730 28759 61033 54624 32583 34742 31005 37617 37780 37783 37767 64 68 64 1978 40447 38705 55653 30777 55094 68453 30675 93412 32281 64752 58482 34670 36888 33042 40286 40432 40435 40419 70 71 70 1979 43811 42137 60916 33350 60088 74013 34238 99335 35902 72545 68483 37575 39727 35976 43833 43795 43798 43782 83 88 83 1980 47817 46663 67737 36802 65710 80541 37421 107819 39789 79903 85301 41669 43900 40002 48448 47794 47791 47769 91 105 91 1981 52326 50833 72769 40555 71816 88316 42567 115524 43036 85810 89886 45768 48165 43975 52909 52306 52270 52251 94 92 94 1982 55514 53640 74753 43709 75747 93181 45927 120030 45340 86204 86855 48775 51434 46786 55906 55493 55459 55438 61 57 61 1983 57705 55948 76102 46429 75628 92350 44757 120284 46380 86544 83601 50717 53218 48857 57865 57687 57652 57635 39 35 40 1984 59874 58065 77541 48846 76070 92127 45147 119234 47713 87347 82879 53319 56358 51034 59904 59856 59817 59800 38 35 38 1985 61686 59965 78785 51049 77028 92850 46219 119090 48944 84674 80157 54974 57635 53002 61605 61672 61628 61614 30 28 30 1986 63057 61427 78417 53375 78870 94427 47106 120976 50994 83406 80154 55977 57938 54577 63000 63039 62991 62973 22 23 22 1987 64818 63618 80939 55409 80332 95275 47863 121637 53079 85516 85008 57541 58642 56849 64978 64803 64819 64804 28 31 28 1988 67047 66151 83072 58123 82415 97392 49895 123155 54913 89945 89074 59074 59884 58621 67215 67032 67046 67031 34 34 34 1989 69579 69025 86268 60840 84410 99435 51848 124695 56680 91443 91021 60924 61504 60654 69765 69572 69577 69570 38 38 38 1990 72274 72180 89801 63808 86125 101339 53522 126310 58011 92063 93630 63405 63548 63474 72601 72272 72262 72260 39 41 39 1991 74826 74789 91996 66581 87404 102906 54491 128112 58771 93283 92848 65606 66070 65443 74980 74821 74824 74819 35 33 35 1992 76602 76989 93106 69236 87152 102048 54502 126605 59486 92904 92922 67276 68101 66856 76788 76590 76598 76586 24 24 24 1993 78288 78679 93915 71294 88163 102100 56103 125322 61890 92879 92210 68949 69830 68494 78404 78289 78290 78291 22 21 22 1994 79935 80302 94870 73200 89352 102592 58089 124604 64069 93914 93075 70819 71725 70351 80029 79937 79940 79942 21 21 21
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
August 2012 SURVEY OF CURRENT BUSINESS 185
Table 1 Gross Domestic ProductmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Net exports of
goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Percent change from preceding
period
Total Goods Services Total
Fixed investment
Change in
private invenshytories
Net Exports Imports Total Federal State and local
Gross domestic product
Final sales of
domestic product Total
Nonresidential
Resishydential Total Strucshy
tures
Equipshyment and
software
1958 I 4539 2905 1593 1313 605 645 436 181 255 209 ndash40 11 205 195 1018 612 406 4579 4566 ndash64 ndash68 II 4580 2934 1598 1336 587 630 420 176 244 210 ndash42 05 205 201 1054 638 416 4623 4607 37 38 III 4717 2985 1624 1360 655 639 414 173 241 225 15 09 206 197 1069 642 427 4702 4743 125 70 IV 4850 3023 1648 1375 732 680 431 176 255 249 52 ndash03 206 208 1097 660 437 4797 4876 117 84
1959 I 4955 3101 1697 1403 762 723 445 174 271 278 39 04 218 214 1088 643 445 4916 4981 89 103 II 5085 3161 1726 1435 822 749 461 180 281 288 73 00 226 225 1102 654 447 5012 5111 109 80 III 5093 3213 1745 1468 764 761 478 186 291 283 04 06 235 229 1110 662 448 5089 5121 07 63 IV 5132 3234 1736 1498 793 752 477 185 292 275 41 06 231 225 1100 654 446 5091 5163 31 01
1960 I 5270 3269 1751 1519 891 779 495 194 302 284 112 27 260 233 1082 624 458 5158 5299 111 53 II 5262 3328 1784 1544 797 765 503 195 309 261 32 42 276 235 1095 624 472 5229 5292 ndash06 57 III 5290 3328 1775 1553 787 744 490 194 296 253 43 42 270 229 1133 653 481 5246 5321 21 13 IV 5237 3347 1771 1576 681 739 486 200 286 253 ndash58 58 275 217 1151 663 488 5295 5270 ndash40 37
1961 I 5280 3352 1756 1596 703 728 475 199 276 253 ndash25 58 275 217 1167 660 507 5305 5315 33 08 II 5390 3402 1776 1626 758 740 484 196 288 255 18 55 274 219 1176 668 508 5372 5424 87 52 III 5495 3431 1792 1639 824 757 488 197 291 269 67 39 272 233 1201 686 516 5428 5530 80 42 IV 5626 3503 1828 1675 842 782 504 196 308 278 60 44 283 239 1236 702 534 5566 5662 99 106
1962 I 5761 3556 1855 1701 894 800 516 200 316 284 94 40 283 243 1271 734 537 5666 5797 99 74 II 5832 3612 1878 1734 879 825 532 208 324 292 54 58 307 249 1283 739 544 5778 5872 51 81 III 5900 3651 1895 1756 893 831 539 214 325 292 62 38 290 251 1318 766 552 5838 5941 47 43 IV 5933 3714 1930 1784 860 826 535 209 326 291 34 28 284 256 1332 770 561 5900 5981 23 43
1963 I 6025 3750 1950 1799 905 836 534 202 332 302 69 39 291 252 1331 755 576 5956 6070 63 39 II 6112 3791 1967 1824 922 873 551 212 339 322 48 65 324 259 1334 749 585 6063 6155 59 74 III 6239 3861 1999 1862 950 893 568 214 354 325 57 39 306 267 1390 788 602 6182 6284 86 81 IV 6335 3907 2010 1897 974 923 587 219 368 337 51 54 322 268 1399 784 615 6284 6381 62 68
1964 I 6496 4004 2066 1937 1007 955 601 224 377 354 51 73 342 270 1413 786 627 6445 6547 106 106 II 6589 4084 2109 1974 1006 961 619 234 385 342 45 71 348 277 1429 784 645 6544 6637 58 63 III 6705 4173 2163 2010 1025 978 641 243 398 337 47 64 348 284 1444 789 655 6658 6755 72 71 IV 6756 4198 2152 2047 1046 996 657 248 409 338 50 69 362 293 1443 778 665 6706 6803 31 29
1965 I 6957 4305 2227 2079 1157 1041 703 261 441 339 115 46 331 285 1449 771 678 6841 7011 124 83 II 7081 4375 2256 2119 1158 1073 731 282 449 342 86 75 391 317 1474 775 699 6996 7138 74 93 III 7252 4466 2308 2159 1197 1104 761 285 475 343 93 49 369 320 1540 815 725 7159 7304 100 97 IV 7475 4606 2397 2209 1218 1142 797 304 493 345 76 55 395 339 1596 855 741 7399 7522 129 141
1966 I 7708 4710 2464 2246 1317 1179 830 311 519 348 139 44 394 350 1636 876 760 7569 7758 131 95 II 7799 4761 2470 2292 1307 1184 852 312 540 332 123 52 415 362 1679 900 779 7676 7850 48 58 III 7931 4853 2521 2332 1302 1183 864 319 545 319 119 22 404 382 1755 956 799 7813 7981 70 73 IV 8069 4911 2530 2381 1327 1161 870 312 557 292 165 36 424 388 1796 965 830 7904 8122 71 48
1967 I 8178 4954 2535 2419 1293 1139 856 317 539 283 154 46 440 394 1885 1030 854 8023 8230 55 62 II 8223 5046 2585 2460 1237 1173 857 309 548 316 63 45 435 390 1896 1027 868 8160 8274 22 70 III 8370 5118 2605 2513 1285 1192 858 315 543 334 93 29 424 395 1938 1054 883 8277 8427 73 59 IV 8527 5194 2635 2558 1329 1245 884 320 565 360 84 22 439 417 1982 1073 909 8443 8583 77 82
1968 I 8798 5373 2744 2630 1372 1288 919 331 588 369 84 11 455 444 2041 1101 940 8713 8856 133 135 II 9041 5511 2809 2703 1434 1293 912 332 580 382 141 19 474 454 2076 1106 970 8900 9101 115 88 III 9193 5673 2904 2769 1397 1320 932 332 599 389 77 13 495 482 2109 1117 992 9116 9255 69 101 IV 9362 5762 2928 2834 1444 1383 974 348 626 409 60 11 492 482 2146 1126 1020 9302 9425 76 84
1969 I 9609 5884 2988 2896 1557 1442 1010 358 652 432 115 02 440 438 2165 1121 1044 9494 9672 110 85 II 9761 5998 3027 2971 1557 1464 1030 367 664 434 92 12 539 527 2194 1120 1074 9669 9823 65 76 III 9963 6101 3066 3035 1603 1501 1069 389 680 432 102 10 533 524 2249 1154 1095 9861 10023 85 82 IV 10045 6221 3106 3115 1541 1483 1076 394 682 407 58 33 565 531 2249 1136 1113 9987 10105 33 52
1970 I 10171 6332 3141 3191 1507 1488 1081 395 687 407 18 34 569 535 2298 1150 1149 10153 10234 51 68 II 10331 6431 3176 3256 1539 1488 1094 403 691 394 51 54 606 552 2306 1127 1180 10280 10397 64 51 III 10505 6551 3217 3334 1561 1510 1106 406 700 404 51 38 603 564 2355 1127 1227 10454 10571 69 70 IV 10527 6618 3218 3400 1489 1529 1079 408 671 450 ndash40 32 611 579 2388 1133 1256 10567 10587 08 44
1971 I 10981 6808 3339 3469 1713 1590 1104 415 689 486 123 44 631 587 2416 1128 1287 10858 11055 184 115 II 11188 6949 3398 3550 1788 1679 1134 423 710 546 109 ndash02 631 633 2453 1135 1318 11079 11267 78 84 III 11391 7073 3439 3634 1834 1732 1148 431 717 583 102 ndash01 654 655 2485 1147 1338 11289 11463 75 78 IV 11514 7235 3509 3726 1792 1795 1180 438 742 615 ndash03 ndash17 603 619 2503 1136 1368 11517 11591 44 83
1972 I 11901 7409 3577 3831 1932 1899 1233 458 776 666 32 ndash35 686 722 2596 1197 1399 11869 11983 142 128 II 12256 7594 3684 3910 2065 1945 1263 466 797 682 120 ndash43 672 714 2639 1226 1413 12136 12337 124 93 III 12493 7779 3777 4003 2124 1986 1291 473 818 696 137 ndash26 715 741 2616 1168 1448 12356 12582 80 75 IV 12866 8027 3915 4112 2184 2109 1366 490 876 743 75 ndash31 761 792 2686 1194 1492 12791 12956 125 149
1973 I 13351 8273 4073 4200 2325 2220 1441 513 928 779 106 ndash14 840 854 2767 1233 1534 13245 13458 160 150 II 13715 8429 4127 4302 2460 2278 1521 541 980 758 182 25 919 895 2800 1233 1568 13533 13831 113 90 III 13907 8614 4207 4406 2418 2320 1570 568 1001 750 98 64 976 911 2811 1203 1608 13809 14046 57 84 IV 14318 8765 4259 4506 2576 2326 1599 577 1022 727 250 90 1076 987 2888 1228 1659 14068 14461 124 77
1974 I 14465 8947 4355 4592 2441 2315 1626 590 1036 690 125 64 1167 1103 3014 1286 1728 14340 14636 42 80 II 14848 9232 4486 4746 2523 2349 1674 613 1061 675 174 ndash27 1267 1294 3120 1311 1810 14674 15012 110 97 III 15137 9520 4640 4880 2454 2399 1725 614 1111 674 56 ndash70 1266 1336 3232 1361 1871 15081 15289 80 116 IV 15528 9618 4581 5038 2558 2354 1754 632 1121 600 204 00 1366 1366 3351 1425 1926 15323 15661 107 66
1975 I 15694 9881 4680 5201 2187 2287 1710 617 1093 577 ndash100 165 1414 1249 3462 1440 2022 15795 15808 44 129 II 16050 10168 4815 5353 2168 2307 1708 604 1104 599 ndash140 216 1368 1152 3498 1449 2049 16189 16166 94 104 III 16624 10506 5028 5479 2378 2392 1746 613 1133 646 ndash14 120 1341 1221 3620 1513 2107 16638 16754 151 116 IV 17139 10796 5131 5665 2476 2473 1786 620 1166 687 03 138 1425 1287 3729 1560 2169 17136 17299 130 125
186 GDP and Other Major NIPA Series August 2012
Table 1 Gross Domestic ProductmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Net exports of
goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Percent change from preceding
period
Total Goods Services Total
Fixed investment
Change in
private invenshytories
Net Exports Imports Total Federal State and local
Gross domestic product
Final sales of
domestic product Total
Nonresidential
Resishydential Total Strucshy
tures
Equipshyment and
software
1976 I 17719 11134 5307 5826 2748 2601 1839 641 1198 762 147 47 1436 1389 3791 1563 2228 17572 17877 142 106 II 18042 11330 5390 5941 2916 2691 1885 651 1234 807 224 ndash05 1466 1471 3801 1578 2223 17818 18209 75 57 III 18377 11624 5505 6120 2965 2757 1951 667 1284 806 208 ndash41 1518 1558 3828 1598 2230 18169 18548 76 81 IV 18845 11962 5651 6311 3049 2944 2019 678 1341 925 105 ndash66 1561 1627 3900 1648 2252 18740 19024 106 132
1977 I 19385 12317 5804 6513 3266 3118 2142 697 1445 976 148 ndash211 1554 1764 4013 1698 2315 19237 19593 120 110 II 20052 12597 5929 6667 3549 3354 2238 736 1501 1117 195 ndash211 1619 1830 4118 1748 2370 19858 20260 145 135 III 20660 12909 6039 6870 3784 3475 2325 764 1561 1150 309 ndash206 1623 1829 4173 1765 2408 20351 20869 127 103 IV 21108 13291 6243 7048 3855 3614 2445 785 1659 1169 241 ndash296 1578 1874 4258 1805 2453 20867 21296 90 105
1978 I 21491 13591 6292 7298 3968 3713 2504 800 1703 1210 255 ndash387 1646 2033 4319 1829 2490 21236 21712 74 73 II 22747 14167 6610 7557 4309 4066 2760 903 1858 1306 243 ndash226 1862 2088 4497 1892 2606 22505 22935 255 261 III 23352 14477 6724 7754 4514 4264 2906 986 1920 1358 250 ndash238 1913 2151 4599 1924 2674 23103 23561 111 111 IV 24160 14870 6917 7953 4728 4443 3053 1055 1998 1390 285 ndash164 2054 2218 4727 1991 2736 23876 24406 146 141
1979 I 24633 15226 7079 8147 4811 4573 3188 1079 2109 1385 239 ndash182 2117 2298 4778 2022 2755 24395 24890 81 90 II 25264 15632 7222 8410 4930 4656 3249 1128 2121 1406 274 ndash222 2209 2431 4925 2079 2846 24990 25559 107 101 III 25997 16177 7533 8644 4979 4857 3423 1218 2205 1435 121 ndash230 2343 2573 5072 2117 2955 25876 26358 121 149 IV 26594 16612 7684 8928 4995 4910 3496 1283 2213 1414 86 ndash268 2537 2805 5255 2204 3050 26508 26959 95 101
1980 I 27241 17080 7920 9160 5052 4953 3613 1326 2288 1340 99 ndash358 2685 3043 5467 2316 3151 27142 27621 101 99 II 27280 17100 7778 9322 4704 4627 3509 1323 2186 1117 78 ndash152 2774 2926 5627 2430 3198 27203 27638 06 09 III 27852 17687 8019 9669 4435 4773 3611 1358 2253 1163 ndash339 55 2847 2792 5675 2436 3240 28190 28196 86 153 IV 29153 18366 8275 10091 4979 5070 3762 1441 2322 1308 ndash91 ndash67 2925 2992 5875 2567 3307 29244 29438 200 158
1981 I 30514 18924 8601 10323 5631 5244 3931 1500 2430 1313 388 ndash143 3055 3197 6101 2665 3436 30126 30828 200 126 II 30843 19240 8638 10602 5514 5397 4108 1610 2498 1289 117 ndash135 3084 3220 6224 2787 3438 30726 31143 44 82 III 31770 19634 8811 10824 5928 5488 4284 1697 2586 1204 440 ndash76 3023 3099 6284 2814 3470 31331 32097 126 81 IV 31947 19782 8725 11057 5822 5574 4478 1885 2593 1096 248 ndash148 3047 3194 6490 2941 3548 31699 32323 22 48
1982 I 31849 20162 8863 11299 5265 5480 4432 1866 2566 1048 ndash215 ndash163 2932 3095 6585 2987 3599 32064 32209 ndash12 47 II 32409 20427 8879 11547 5308 5350 4320 1825 2496 1029 ndash42 ndash44 2947 2991 6719 3051 3668 32451 32819 72 49 III 32744 20907 9018 11889 5287 5229 4194 1729 2465 1035 58 ndash297 2796 3093 6847 3123 3724 32686 33094 42 29 IV 33125 21524 9211 12313 4829 5228 4112 1683 2430 1115 ndash398 ndash296 2653 2949 7067 3270 3797 33523 33466 47 107
1983 I 33810 21922 9259 12663 4966 5317 4005 1586 2419 1312 ndash351 ndash246 2707 2953 7167 3328 3839 34160 34150 85 78 II 34822 22564 9626 12937 5422 5499 4029 1495 2534 1470 ndash77 ndash454 2725 3180 7291 3421 3870 34899 35190 125 89 III 35871 23265 9908 13357 5777 5819 4195 1526 2668 1624 ndash42 ndash652 2782 3434 7481 3541 3940 35913 36250 126 121 IV 36881 23792 10158 13634 6407 6168 4460 1566 2893 1708 239 ndash714 2866 3580 7397 3424 3973 36642 37278 118 84
1984 I 38074 24255 10379 13876 7097 6367 4601 1657 2943 1766 730 ndash950 2930 3880 7672 3592 4080 37344 38444 136 79 II 39063 24841 10636 14205 7351 6658 4844 1758 3086 1814 693 ndash1043 3022 4065 7914 3739 4174 38370 39438 108 114 III 39760 25228 10666 14561 7535 6821 5007 1825 3182 1814 713 ndash1039 3057 4096 8036 3752 4284 39046 40133 73 72 IV 40340 25720 10866 14853 7443 6963 5133 1855 3278 1830 480 ndash1078 3086 4164 8255 3888 4367 39860 40672 60 86
1985 I 41172 26434 11104 15330 7200 7038 5205 1949 3256 1833 162 ndash919 3054 3973 8456 3980 4476 41010 41435 85 120 II 41757 26874 11260 15614 7353 7137 5285 1952 3333 1851 216 ndash1154 3031 4186 8684 4076 4607 41540 42043 58 53 III 42583 27559 11569 15989 7272 7109 5222 1922 3299 1888 163 ndash1186 2956 4142 8939 4207 4732 42420 42825 82 87 IV 43187 27837 11571 16266 7622 7291 5336 1958 3378 1955 331 ndash1349 3040 4389 9077 4246 4830 42856 43458 58 42
1986 I 43824 28272 11709 16564 7638 7335 5272 1917 3355 2063 303 ndash1274 3120 4394 9188 4213 4975 43521 44060 60 64 II 44232 28592 11747 16844 7530 7373 5175 1745 3430 2198 157 ndash1298 3142 4440 9409 4347 5062 44076 44397 38 52 III 44913 29306 12167 17139 7325 7395 5135 1690 3444 2261 ndash70 ndash1393 3202 4594 9674 4519 5155 44983 45098 63 85 IV 45433 29699 12201 17498 7367 7495 5212 1709 3503 2283 ndash127 ndash1336 3350 4686 9702 4458 5244 45560 45553 47 52
1987 I 46111 30048 12159 17889 7650 7370 5068 1669 3399 2301 280 ndash1410 3367 4777 9824 4516 5309 45831 46252 61 24 II 46867 30719 12514 18205 7676 7511 5182 1696 3486 2329 165 ndash1473 3550 5023 9946 4586 5360 46702 47052 67 78 III 47645 31383 12812 18571 7695 7685 5342 1776 3567 2342 10 ndash1457 3716 5173 10025 4605 5420 47635 47825 68 82 IV 48831 31730 12767 18962 8378 7747 5372 1827 3545 2375 631 ndash1457 3918 5375 10181 4675 5506 48200 49031 103 48
1988 I 49486 32535 13088 19447 7976 7806 5462 1786 3676 2344 170 ndash1244 4184 5427 10219 4601 5618 49316 49740 55 96 II 50593 33130 13268 19863 8204 8007 5623 1842 3782 2384 197 ndash1072 4389 5461 10330 4590 5740 50396 50826 92 90 III 51428 33804 13412 20392 8257 8075 5675 1835 3840 2400 182 ndash1002 4527 5528 10369 4561 5808 51246 51639 68 69 IV 52510 34533 13725 20808 8426 8235 5791 1849 3942 2444 191 ndash1087 4656 5743 10638 4711 5927 52319 52747 87 86
1989 I 53603 35077 13890 21187 8841 8359 5913 1895 4018 2446 482 ndash1021 4840 5862 10707 4693 6014 53122 53839 86 63 II 54536 35700 14211 21489 8782 8421 6019 1896 4123 2402 360 ndash895 5058 5954 10950 4814 6136 54175 54766 71 82 III 55329 36268 14419 21848 8703 8604 6219 1977 4242 2384 100 ndash763 5082 5844 11121 4890 6232 55230 55584 59 80 IV 55817 36735 14432 22303 8673 8506 6158 1981 4178 2348 166 ndash836 5145 5982 11246 4861 6385 55651 56134 36 31
1990 I 57081 37587 14896 22692 8800 8661 6269 2041 4227 2392 139 ndash892 5376 6268 11586 5008 6578 56942 57383 94 96 II 57974 38118 14793 23326 8825 8488 6179 2046 4133 2309 337 ndash684 5464 6148 11714 5060 6654 57637 58285 64 50 III 58506 38752 14967 23785 8668 8449 6261 2055 4206 2188 219 ndash744 5557 6301 11830 5050 6780 58288 58772 37 46 IV 58460 38960 14997 23963 8146 8259 6189 1974 4215 2070 ndash113 ndash785 5688 6473 12138 5182 6956 58573 58958 ndash03 20
1991 I 58802 39097 14858 24239 7879 8034 6082 1949 4133 1952 ndash155 ndash456 5747 6203 12281 5292 6989 58957 59181 24 26 II 59620 39633 14970 24663 7841 8021 6014 1899 4115 2007 ndash180 ndash216 5923 6139 12362 5317 7045 59800 59889 57 58 III 60337 40087 15087 25000 8053 8044 5941 1775 4166 2103 08 ndash195 6022 6217 12392 5260 7132 60328 60572 49 36 IV 60925 40386 14982 25404 8343 8032 5890 1722 4169 2142 311 ndash212 6171 6383 12408 5192 7215 60614 61238 40 19
1992 I 61907 41401 15338 26063 8102 8100 5856 1699 4157 2244 02 ndash185 6273 6458 12588 5257 7331 61905 62214 66 88 II 62952 41935 15482 26453 8654 8422 6071 1706 4365 2351 232 ndash311 6279 6590 12673 5289 7384 62720 63255 69 54 III 63897 42677 15731 26945 8768 8563 6190 1730 4460 2373 205 ndash365 6414 6779 12817 5386 7431 63692 64168 61 63 IV 64936 43462 15979 27484 9067 8853 6367 1767 4600 2486 214 ndash453 6432 6885 12860 5384 7477 64722 65221 67 66
1993 I 65445 43849 16070 27779 9313 8954 6428 1737 4691 2526 359 ndash543 6450 6993 12826 5268 7558 65086 65811 32 23 II 66227 44521 16342 28179 9423 9182 6603 1751 4852 2579 241 ndash620 6543 7163 12903 5229 7674 65986 66530 49 57 III 66883 45163 16492 28671 9434 9368 6675 1775 4900 2693 66 ndash679 6514 7193 12966 5224 7742 66817 67248 40 51 IV 68138 45811 16791 29020 9964 9798 6957 1824 5133 2841 166 ndash734 6717 7450 13097 5279 7819 67972 68352 77 71
August 2012 SURVEY OF CURRENT BUSINESS 187
Table 1 Gross Domestic ProductmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Net exports of
goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Percent change from preceding
period
Gross domestic product
Final sales of
domestic product
Total Goods Services Total
Fixed investment
Change in
private invenshytories
Net Exports Imports Total Federal State and local Total
Nonresidential
Resishydential Total Strucshy
tures
Equipshyment and
software
1994 I 69163 46504 17057 29447 10436 9983 7048 1762 5286 2935 453 ndash807 6812 7618 13029 5120 7910 68710 69446 62 44 II 70443 47098 17268 29830 11069 10255 7205 1874 5331 3050 814 ndash913 7063 7976 13188 5150 8037 69629 70687 76 55 III 71318 47863 17589 30274 10929 10397 7347 1894 5453 3049 532 ndash967 7371 8338 13493 5291 8202 70786 71538 51 68 IV 72482 48567 17948 30618 11457 10705 7656 1941 5716 3049 752 ndash1023 7583 8606 13481 5182 8299 71730 72698 67 54
1995 I 73077 48887 17881 31006 11606 10995 7977 2014 5963 3018 611 ndash1062 7807 8869 13646 5231 8415 72465 73392 33 42 II 73558 49575 18039 31536 11327 10989 8055 2067 5987 2935 337 ndash1106 7977 9083 13763 5217 8546 73221 73903 27 42 III 74525 50229 18262 31967 11262 11149 8112 2105 6006 3038 113 ndash754 8305 9058 13788 5201 8587 74412 74731 54 67 IV 75425 50801 18439 32362 11567 11382 8258 2105 6154 3124 185 ndash706 8386 9092 13764 5102 8662 75241 75746 49 45
1996 I 76382 51565 18710 32855 11700 11632 8414 2144 6270 3218 69 ndash891 8476 9367 14007 5279 8728 76313 76766 52 58 II 78000 52488 19159 33329 12278 11974 8605 2199 6406 3369 305 ndash938 8590 9528 14171 5309 8862 77695 78299 87 74 III 78927 53044 19259 33785 12798 12287 8890 2255 6635 3397 511 ndash1140 8597 9738 14226 5236 8989 78416 79193 48 38 IV 80230 53847 19579 34268 12831 12485 9106 2386 6720 3379 346 ndash883 9043 9926 14435 5255 9180 79883 80547 68 77
1997 I 81370 54671 19867 34804 13206 12708 9301 2430 6871 3407 498 ndash1081 9191 10272 14574 5236 9337 80872 81601 58 50 II 82768 55040 19745 35295 13850 12966 9499 2431 7069 3467 884 ndash847 9550 10397 14724 5335 9390 81884 83077 71 51 III 84099 56133 20205 35929 14149 13469 9956 2551 7405 3513 680 ndash962 9747 10709 14779 5324 9456 83419 84331 66 77 IV 85057 56981 20454 36528 14341 13563 9988 2599 7389 3575 778 ndash1165 9689 10853 14900 5344 9556 84280 85223 46 42
1998 I 86006 57575 20452 37123 14949 13899 10250 2607 7643 3649 1051 ndash1345 9638 10982 14826 5195 9631 84955 86260 45 32 II 86986 58702 20906 37796 14715 14342 10558 2777 7781 3784 373 ndash1618 9478 11096 15187 5348 9839 86613 87214 46 80 III 88472 59680 21218 38462 15127 14603 10667 2801 7865 3936 524 ndash1739 9360 11099 15404 5318 10086 87948 88568 70 63 IV 90275 60782 21825 38957 15640 15039 10971 2820 8151 4068 600 ndash1771 9679 11450 15625 5379 10246 89675 90390 84 81
1999 I 91486 61574 22071 39503 16173 15340 11207 2828 8379 4133 833 ndash2120 9587 11706 15858 5412 10446 90653 91714 55 44 II 92526 62900 22756 40143 16047 15697 11474 2812 8662 4223 351 ndash2509 9712 12222 16088 5443 10645 92175 92805 46 69 III 94051 63989 23144 40844 16445 16039 11745 2830 8915 4294 406 ndash2829 9988 12817 16446 5589 10857 93645 94301 68 65 IV 96077 65249 23628 41621 16995 16152 11770 2888 8882 4381 843 ndash3025 10285 13310 16859 5753 11106 95234 96432 89 70
2000 I 97095 66830 24179 42651 16888 16728 12235 2978 9257 4492 161 ndash3579 10528 14107 16956 5624 11332 96935 97405 43 73 II 99491 67757 24427 43329 18109 17205 12701 3130 9571 4505 904 ndash3644 10892 14536 17269 5832 11437 98587 99835 102 70 III 100175 68817 24755 44062 17917 17345 12884 3282 9602 4460 572 ndash3959 11191 15150 17400 5794 11606 99602 100480 28 42 IV 101298 69811 25004 44807 17974 17429 12927 3335 9592 4502 545 ndash4100 11118 15218 17613 5793 11820 100753 101849 46 47
2001 I 101651 70581 25068 45514 17013 17320 12737 3290 9447 4583 ndash307 ndash3954 10971 14925 18011 5943 12067 101957 102062 14 49 II 103013 71187 25184 46003 16994 17110 12406 3353 9054 4704 ndash116 ndash3638 10566 14203 18469 6087 12382 103129 103509 55 47 III 103052 71512 25240 46273 16704 17005 12196 3426 8771 4809 ndash301 ndash3670 9971 13642 18506 6163 12342 103353 103322 02 09 IV 103731 72672 25869 46803 15766 16574 11773 3120 8653 4801 ndash808 ndash3578 9601 13179 18872 6274 12598 104539 104631 27 47
2002 I 104987 73090 25696 47394 16280 16414 11495 2978 8517 4919 ndash134 ndash3749 9734 13483 19366 6578 12789 105121 105497 49 22 II 106019 74034 25992 48041 16481 16349 11283 2848 8435 5066 132 ndash4181 10059 14240 19685 6744 12941 105887 106347 40 29 III 107017 74912 26320 48592 16504 16321 11206 2746 8460 5115 183 ndash4358 10206 14564 19960 6854 13106 106834 107491 38 36 IV 107669 75532 26391 49141 16613 16314 11033 2737 8295 5281 300 ndash4799 10122 14921 20323 7050 13273 107370 108322 25 20
2003 I 108874 76459 26739 49720 16715 16428 10977 2742 8234 5452 286 ndash5036 10125 15161 20736 7252 13484 108587 109392 45 46 II 110116 77274 26838 50436 16785 16816 11238 2826 8412 5578 ndash31 ndash5043 10116 15159 21100 7621 13478 110147 110771 46 59 III 112551 78820 27694 51126 17451 17409 11508 2841 8668 5901 42 ndash4995 10414 15408 21275 7652 13623 112509 113207 91 89 IV 114148 79612 27851 51762 18236 17878 11704 2866 8839 6174 358 ndash5091 10986 16078 21391 7734 13657 113790 115066 58 46
2004 I 115899 80981 28386 52595 18536 18022 11646 2908 8738 6376 514 ndash5463 11388 16851 21845 8051 13794 115385 117005 63 57 II 117629 81939 28603 53337 19560 18800 12044 3009 9035 6756 760 ndash6061 11708 17769 22190 8199 13992 116869 118488 61 52 III 119363 83165 28979 54186 20013 19405 12440 3124 9315 6966 608 ndash6359 11854 18213 22544 8391 14153 118756 120331 60 66 IV 121239 84738 29717 55021 20633 19918 12791 3224 9567 7127 715 ndash6865 12259 19124 22733 8345 14388 120524 121955 64 61
2005 I 123618 85919 30009 55910 21308 20401 13052 3384 9668 7349 907 ndash6774 12624 19398 23165 8620 14546 122711 124687 81 75 II 125000 87303 30492 56812 21153 20994 13349 3465 9884 7645 159 ndash6902 12985 19887 23446 8672 14773 124841 125962 45 71 III 127286 88958 31268 57690 21667 21556 13629 3523 10106 7927 110 ndash7340 13082 20421 24001 8941 15060 127176 128357 75 77 IV 129014 89961 31301 58660 22763 21941 13863 3697 10165 8079 822 ndash7893 13513 21406 24183 8819 15364 128192 129798 55 32
2006 I 131614 91262 31811 59451 23366 22706 14572 3968 10605 8134 660 ndash7758 14140 21898 24745 9285 15461 130955 132420 83 89 II 133304 92493 32116 60376 23521 22797 14953 4286 10667 7844 724 ndash7814 14560 22374 25105 9303 15802 132580 134060 52 51 III 134328 93717 32559 61158 23334 22643 15227 4476 10751 7416 691 ndash8057 14760 22817 25333 9322 16012 133637 134947 31 32 IV 135842 94568 32503 62066 22865 22541 15461 4617 10844 7080 323 ndash7143 15382 22525 25552 9359 16194 135519 136559 46 58
2007 I 137585 96017 32967 63050 22774 22603 15796 4795 11001 6807 170 ndash7249 15755 23004 26044 9440 16603 137415 138288 52 57 II 139768 97209 33492 63718 23296 22821 16249 5123 11126 6572 475 ndash7297 16191 23489 26560 9687 16873 139293 140563 65 56 III 141262 98177 33787 64390 23134 22740 16607 5455 11151 6134 394 ndash7034 16903 23937 26984 9921 17064 140868 142709 43 46 IV 142532 99487 34312 65176 22605 22479 16846 5622 11224 5634 126 ndash6943 17618 24561 27382 10006 17376 142406 144518 36 44
2008 I 142739 100185 34223 65962 21857 22052 16893 5709 11184 5159 ndash195 ndash7423 18193 25616 28120 10427 17693 142934 144525 06 15 II 144155 101265 34669 66596 21654 21837 16890 5896 10994 4946 ndash183 ndash7461 19228 26689 28696 10660 18037 144338 145968 40 40 III 143951 101358 34561 66797 20863 21305 16659 5947 10712 4646 ndash441 ndash7569 19338 26906 29298 11006 18292 144392 145940 ndash06 02 IV 140817 98613 31814 66799 19130 19955 15809 5900 9909 4146 ndash825 ndash5937 17111 23048 29011 11112 17899 141642 141995 ndash84 ndash74
2009 I 139234 97684 31255 66429 16458 18125 14429 5305 9124 3696 ndash1667 ndash3854 15235 19089 28946 11049 17897 140902 140417 ndash44 ndash21 II 138854 97639 31420 66219 14953 16980 13560 4671 8889 3420 ndash2027 ndash3316 15253 18569 29578 11359 18219 140881 140013 ndash11 ndash01 III 139522 98888 32444 66444 14656 16661 13129 4210 8919 3531 ndash2005 ndash3986 15947 19933 29964 11576 18388 141527 141152 19 18 IV 141336 99625 32655 66970 15904 16372 12854 3856 8998 3519 ndash468 ndash4393 17063 21455 30200 11759 18441 141805 143108 53 08
2010 I 142703 100691 33182 67509 16604 16272 12858 3627 9231 3413 332 ndash4902 17519 22420 30309 11937 18372 142370 144617 39 16 II 144135 101483 33217 68266 17247 16830 13252 3766 9486 3578 417 ndash5211 18143 23354 30617 12251 18366 143718 146293 41 38 III 145760 102436 33610 68826 17933 16838 13538 3771 9768 3300 1095 ndash5331 18612 23943 30723 12398 18325 144666 147930 46 27 IV 147359 104019 34586 69433 17709 17219 13888 3890 9998 3331 490 ndash5021 19504 24525 30652 12338 18314 146869 149489 45 62
2011 I 148149 105663 35614 70049 17559 17223 13908 3624 10284 3314 337 ndash5554 20305 25859 30481 12152 18328 147812 150501 22 26 II 150036 106849 36043 70806 18190 17842 14480 3970 10510 3362 348 ndash5725 20928 26653 30722 12343 18379 149687 152536 52 52 III 151632 107912 36436 71476 18538 18578 15194 4218 10976 3385 ndash41 ndash5495 21333 26828 30677 12275 18402 151673 154215 43 54 IV 153210 108738 36900 71838 19911 19090 15601 4382 11220 3488 821 ndash5948 21203 27151 30510 12112 18397 152389 155850 42 19
2012 I 154783 110072 37559 72513 20322 19597 15955 4547 11408 3642 726 ndash6158 21579 27737 30546 12077 18469 154057 156932 42 44 II 155959 110675 37450 73225 20778 19945 16207 4589 11618 3738 833 ndash5978 21870 27848 30484 12102 18382 155126 31 28
188 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1929 9761 7363 1014 379 491 1465 31 9868 9941 10052 9846 1930 8920 6968 676 313 427 1614 ndash224 9192 9111 9392 9000 ndash86 ndash68 ndash84 ndash66 ndash86 1931 8342 6749 425 261 372 1682 ndash403 8652 8539 8859 8407 ndash65 ndash59 ndash63 ndash57 ndash66 1932 7252 6144 128 204 309 1626 ndash541 7666 7439 7865 7305 ndash131 ndash114 ndash129 ndash112 ndash131 1933 7158 6008 189 205 322 1572 ndash494 7432 7351 7634 7203 ndash13 ndash31 ndash12 ndash29 ndash14 1934 7937 6437 341 228 329 1773 ndash513 8140 8127 8337 7977 109 95 106 92 107 1935 8642 6830 631 241 431 1822 ndash451 8645 8922 8927 8689 89 62 98 71 89 1936 9770 7525 809 253 426 2126 ndash517 9789 10061 10081 9811 131 132 128 129 129 1937 10271 7804 1011 319 479 2036 ndash420 10198 10529 10455 10325 51 42 47 37 52 1938 9918 7678 668 315 373 2193 ndash563 10052 10073 10210 9974 ndash34 ndash14 ndash43 ndash23 ndash34 1939 10719 8107 859 333 391 2386 ndash575 10795 10887 10965 10778 81 74 81 74 81 1940 11659 8527 1197 378 401 2453 ndash495 11528 11792 11657 11708 88 68 83 63 86 1941 13650 9132 1462 388 493 4077 ndash916 13378 13915 13637 13715 171 160 180 170 171 1942 16168 8916 772 256 447 9594 ndash2923 16167 16677 16680 16235 185 209 198 223 184 1943 18815 9165 456 216 564 14272 ndash4730 19070 19601 19870 18879 164 180 175 191 163 1944 20335 9426 563 232 590 16061 ndash5357 20614 21165 21461 20402 81 81 80 80 81 1945 20107 10009 744 325 628 14022 ndash4365 20447 20789 21144 20166 ndash11 ndash08 ndash18 ndash15 ndash12 1946 17907 11254 1907 702 520 4821 ndash257 17647 17737 17468 17982 ndash109 ndash137 ndash147 ndash174 ndash108 1947 17746 11470 1832 800 494 4095 43 18017 17375 17646 17848 ndash09 21 ndash20 10 ndash07 1948 18527 11729 2341 630 576 4394 09 18357 18570 18395 18648 44 19 69 42 45 1949 18431 12054 1787 625 556 4919 ndash398 18793 18458 18826 18542 ndash05 24 ndash06 23 ndash06 1950 20042 12827 2523 547 657 4924 ndash122 19890 20346 20194 20165 87 58 102 73 88 1951 21593 13028 2530 670 683 6727 ndash679 21304 21757 21463 21743 77 71 69 63 78 1952 22420 13439 2288 641 743 8100 ndash1305 22438 22725 22745 22574 38 53 45 60 38 1953 23452 14081 2396 598 813 8680 ndash1490 23544 23935 24032 23601 46 49 53 57 45 1954 23304 14377 2285 627 773 8089 ndash1301 23610 23688 24002 23462 ndash06 03 ndash10 ndash01 ndash06 1955 24982 15438 2840 694 866 7793 ndash917 24940 25406 25366 25158 72 56 73 57 72 1956 25476 15890 2801 809 936 7800 ndash888 25511 25814 25852 25669 20 23 16 19 20 1957 25988 16284 2679 879 976 8147 ndash1025 26167 26273 26456 26192 20 26 18 23 20 1958 25754 16426 2457 760 1022 8409 ndash1276 25978 26271 26502 25929 ndash09 ndash07 00 02 ndash10 1959 27601 17359 2955 839 1130 8695 ndash1117 27616 28156 28174 27781 72 63 72 63 71 1960 28285 17836 2954 984 1145 8710 ndash1054 28342 28651 28711 28482 25 26 18 19 25 1961 28944 18203 2935 990 1137 9148 ndash1195 29021 29308 29388 29161 23 24 23 24 24 1962 30698 19103 3308 1040 1266 9711 ndash1198 30623 31163 31089 30941 61 55 63 58 61 1963 32040 19890 3530 1114 1300 9961 ndash1155 31999 32460 32420 32301 44 45 42 43 44 1964 33894 21075 3821 1245 1369 10180 ndash1058 33908 34234 34249 34175 58 60 55 56 58 1965 36070 22408 4357 1280 1515 10487 ndash947 35876 36561 36364 36364 64 58 68 62 64 1966 38421 23679 4741 1369 1740 11411 ndash1039 38034 39070 38677 38698 65 60 69 64 64 1967 39392 24388 4524 1400 1867 12287 ndash1340 39200 40148 39956 39677 25 31 28 33 25 1968 41299 25796 4787 1510 2145 12672 ndash1321 41158 42221 42083 41606 48 50 52 53 49 1969 42582 26762 5066 1583 2267 12643 ndash1205 42450 43550 43420 42880 31 31 31 32 31 1970 42663 27389 4734 1753 2364 12337 ndash1186 42843 43483 43672 42958 02 09 ndash02 06 02 1971 44095 28433 5273 1783 2490 12069 ndash973 44036 45031 44976 44422 34 28 36 30 34 1972 46438 30181 5898 1917 2770 11981 ndash769 46367 47518 47452 46789 53 53 55 55 53 1973 49128 31677 6589 2278 2899 11939 ndash456 48840 49870 49580 49603 58 53 50 45 60 1974 48857 31414 6103 2458 2833 12240 ndash525 48700 49221 49062 49398 ndash06 ndash03 ndash13 ndash10 ndash04 1975 48754 32126 5022 2443 2518 12516 ndash835 49221 48679 49147 49172 ndash02 11 ndash11 02 ndash05 1976 51369 33915 6037 2550 3011 12572 ndash694 51159 51848 51636 51868 54 39 65 51 55 1977 53731 35343 6949 2611 3340 12710 ndash542 53403 54598 54270 54291 46 44 53 51 47 1978 56728 36901 7787 2886 3629 13084 ndash301 56349 57584 57204 57284 56 55 55 54 55 1979 58501 37778 8035 3172 3690 13328 ndash122 58362 58983 58842 59252 31 36 24 29 34
See the note at the end of the table
NOTE Chain-type estimates provide the best available method for components in the table comparing the level of a given series at two points in time Chained- It is usually best to make comparisons of aggregate series in dollar estimates are obtained by multiplying the chain-type quantity current dollars or to use BEArsquos estimates of contributions to percent index for an aggregate by its value in current dollars in the refer- change Measures of the contributions of components to the pershyence year (currently 2005) and dividing by 100 For an analysis of centage change in real GDP and to the percentage change in other changes over time in an aggregate or in a component the percent- major aggregates are provided in NIPA tables 112 122 152 age changes calculated from the chained-dollar estimates and the 232 392 422 532 542 and 552 In general the use of chain-type quantity indexes are the same Thus chained-dollar esti- chained-dollar estimates to calculate component shares or composhymates can be used to compute ldquorealrdquo (that is inflation-adjusted) rates nent contributions may be misleading for periods away from the ref-of growth However comparisons of two or more different chained- erence year component shares of GDP are provided in table dollar series must be made with caution because the prices used as 1110 In the November 2003 SURVEY OF CURRENT BUSINESS the artishyweights in the chained-dollar calculations usually differ from the cle ldquoChained-Dollar Indexes Issues Tips on Their Use and prices in the reference period and the resulting chained-dollar values Upcoming Changesrdquo discussed the advantages of using chain for detailed GDP components usually do not sum to the chained-dol- weighted indexes and the challenges of using chained dollars To lar estimate of GDP or to any intermediate aggregate A measure of assist users in undertaking historical analysis BEA provides supple-the extent of such differences is provided in most chained-dollar mental tables that present estimates for selected timespans in tables by a ldquoresidualrdquo line which indicates the difference between GDP chained 1937 1952 1972 and 1987 dollars (see tables 116A (or another major aggregate) and the sum of the most detailed 116B 116C and 116D)
189 August 2012 SURVEY OF CURRENT BUSINESS
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1980 58340 37645 7152 3514 3445 13588 ndash114 58736 57848 58233 59083 ndash03 06 ndash19 ndash10 ndash03 1981 59821 38216 7796 3557 3535 13712 75 59544 59397 59117 60473 25 14 27 15 24 1982 58659 38749 6703 3285 3491 13953 ndash540 59182 58604 59119 59340 ndash19 ndash06 ndash13 00 ndash19 1983 61309 40964 7328 3201 3931 14463 ndash716 61676 62031 62393 61971 45 42 58 55 44 1984 65715 43136 9487 3462 4888 14949 ndash431 64900 67397 66584 66341 72 52 87 67 71 1985 68434 45383 9398 3567 5205 15990 ndash699 68331 70394 70293 68880 41 53 44 56 38 1986 70805 47224 9335 3841 5650 16962 ndash907 70927 72972 73097 71104 35 38 37 40 32 1987 73070 48680 9622 4254 5984 17371 ndash873 72899 75121 74953 73359 32 28 29 25 32 1988 76074 50643 9849 4935 6219 17589 ndash723 76013 77522 77462 76439 41 43 32 33 42 1989 78792 52075 10244 5502 6493 18068 ndash604 78608 79842 79658 79173 36 34 30 28 36 1990 80271 53137 9899 5997 6726 18640 ndash676 80258 80978 80964 80750 19 21 14 16 20 1991 80083 53217 9094 6395 6716 18844 ndash751 80279 80278 80471 80488 ndash02 00 ndash09 ndash06 ndash03 1992 82800 55032 9831 6835 7187 18932 ndash643 82772 83027 82995 83194 34 31 34 31 34 1993 85162 56986 10709 7059 7808 18782 ndash566 85080 85857 85773 85560 29 28 34 33 28 1994 88631 59162 12164 7674 8739 18780 ndash410 88017 89685 89070 88930 41 35 45 38 39 1995 90860 60762 12543 8451 9439 18889 ndash346 90654 91813 91606 91217 25 30 24 28 26 1996 94258 62883 13653 9153 10260 19079 ndash250 94044 95340 95124 94631 37 37 38 38 37 1997 98459 65204 15352 10243 11641 19438 ndash137 97742 99844 99125 98734 45 39 47 42 43 1998 102747 68623 16889 10477 13002 19850 ndash90 102083 105311 104647 102953 44 44 55 56 43 1999 107707 72376 18376 10934 14499 20561 ndash41 107065 111318 110677 108029 48 49 57 58 49 2000 112164 76046 19631 11874 16387 20978 22 111580 116716 116133 112592 41 42 48 49 42 2001 113375 78103 18252 11208 15926 21783 ndash45 113820 118158 118609 113950 11 20 12 21 12 2002 115431 80183 18004 10983 16468 22796 ndash67 115336 120975 120883 115971 18 13 24 19 18 2003 118364 82445 18701 11160 17197 23305 ndash50 118205 124447 124290 119099 25 25 29 28 27 2004 122469 85158 20582 12225 19104 23620 ndash12 121813 129355 128698 123416 35 31 39 35 36 2005 126230 88035 21723 13051 20278 23699 00 125730 133457 132957 127201 31 32 32 33 31 2006 129585 90545 22318 14221 21515 24021 ndash05 128993 136881 136290 130283 27 26 26 25 24 2007 132064 92629 21595 15544 22032 24342 ndash14 131775 138553 138264 133220 19 22 12 14 23 2008 131619 92117 19398 16493 21440 24974 77 132005 136531 136912 133169 ndash03 02 ndash15 ndash10 00 2009 127579 90326 14581 14987 18538 25894 329 128997 131023 132430 128890 ndash31 ndash23 ndash40 ndash33 ndash32 2010 130630 91962 16580 16656 20852 26058 226 130103 134730 134197 132534 24 09 28 13 28 2011 132991 94288 17440 17769 21849 25239 104 132653 136988 136642 135220 18 20 17 18 20
1947 I 17707 11309 1887 852 510 4073 96 17855 17264 17408 17804 II 17680 11497 1735 842 520 4098 28 17972 17265 17557 17781 ndash06 26 00 35 ndash05 III 17665 11534 1679 799 461 4136 ndash22 18117 17252 17709 17766 ndash03 33 ndash03 35 ndash03 IV 17933 11538 2027 708 486 4075 71 18123 17717 17909 18040 62 01 112 46 63
1948 I 18218 11596 2247 676 548 4155 92 18202 18140 18122 18334 65 17 99 48 67 II 18553 11730 2395 613 569 4355 29 18334 18621 18395 18676 75 29 110 62 76 III 18653 11748 2421 627 599 4440 16 18366 18732 18437 18776 22 07 24 09 22 IV 18682 11841 2300 605 589 4627 ndash102 18524 18787 18625 18805 06 35 12 41 06
1949 I 18422 11860 1942 678 572 4759 ndash245 18600 18382 18561 18540 ndash55 16 ndash84 ndash14 ndash55 II 18355 12041 1671 672 563 4974 ndash440 18840 18313 18806 18470 ndash14 53 ndash15 54 ndash15 III 18561 12069 1817 616 540 5024 ndash425 18832 18587 18862 18672 46 ndash02 61 12 45 IV 18387 12245 1718 533 549 4918 ndash478 18900 18551 19076 18488 ndash37 15 ndash08 46 ndash39
1950 I 19130 12449 2149 524 564 4835 ndash263 19204 19339 19415 19238 172 66 181 73 172 II 19712 12654 2389 531 595 4914 ndash181 19720 19959 19968 19826 127 112 134 119 128 III 20484 13303 2604 544 734 4820 ndash53 20430 20893 20842 20618 166 152 201 187 169 IV 20844 12902 2950 588 736 5127 13 20207 21194 20549 20978 72 ndash43 59 ndash55 72
1951 I 21107 13214 2639 618 736 5675 ndash303 20804 21418 21112 21236 51 124 43 114 50 II 21457 12841 2704 679 711 6456 ndash512 20903 21645 21082 21608 68 19 43 ndash06 72 III 21885 12991 2495 695 651 7188 ndash833 21595 21969 21673 22041 82 139 61 117 83 IV 21922 13067 2283 689 634 7589 ndash1072 21915 21994 21986 22087 07 61 05 59 08
1952 I 22143 13096 2336 725 708 7824 ndash1130 22095 22259 22210 22299 41 33 49 42 39 II 22167 13353 2142 646 704 8089 ndash1359 22453 22410 22701 22324 04 66 27 91 05 III 22316 13418 2256 595 747 8170 ndash1376 22234 22701 22620 22470 27 ndash38 53 ndash14 26 IV 23053 13892 2418 599 814 8316 ndash1358 22971 23530 23450 23205 139 139 154 155 137
1953 I 23484 14057 2466 589 794 8598 ndash1432 23467 23960 23946 23634 77 89 75 87 76 II 23662 14142 2475 592 835 8787 ndash1499 23653 24186 24180 23820 31 32 38 40 32 III 23518 14110 2417 616 832 8681 ndash1474 23595 23996 24078 23661 ndash24 ndash10 ndash31 ndash17 ndash26 IV 23146 14016 2226 596 791 8654 ndash1555 23461 23599 23923 23289 ndash62 ndash23 ndash65 ndash25 ndash62
1954 I 23035 14067 2207 569 745 8422 ndash1485 23324 23472 23769 23188 ndash19 ndash23 ndash21 ndash26 ndash17 II 23064 14250 2200 651 812 8125 ndash1350 23419 23456 23819 23217 05 16 ndash03 09 05 III 23324 14444 2312 630 763 7929 ndash1228 23652 23693 24028 23479 46 40 41 36 46 IV 23791 14747 2419 659 771 7880 ndash1143 24046 24131 24392 23964 83 68 76 62 85
1955 I 24477 15078 2677 683 816 7871 ndash1016 24505 24847 24878 24653 120 79 124 82 120 II 24881 15366 2846 667 862 7793 ndash929 24826 25341 25288 25055 68 54 82 67 67 III 25214 15556 2887 711 877 7840 ndash903 25188 25629 25605 25390 55 60 46 51 54 IV 25355 15752 2949 714 909 7670 ndash821 25242 25806 25693 25534 22 08 28 14 23
1956 I 25239 15778 2850 748 947 7666 ndash856 25186 25680 25629 25437 ndash18 ndash09 ndash19 ndash10 ndash15 II 25438 15830 2818 799 942 7827 ndash894 25466 25798 25828 25634 32 45 18 31 31 III 25406 15866 2785 825 950 7753 ndash873 25476 25733 25806 25606 ndash05 02 ndash10 ndash03 ndash04 IV 25821 16084 2752 862 907 7954 ndash924 25916 26046 26143 25999 67 71 49 53 63
1957 I 25979 16195 2707 919 979 8117 ndash980 26143 26206 26373 26187 25 36 25 35 29 II 25917 16224 2704 891 986 8067 ndash983 26047 26194 26327 26138 ndash10 ndash15 ndash02 ndash07 ndash07 III 26166 16353 2768 866 967 8129 ndash983 26242 26465 26543 26379 39 30 42 33 37 IV 25891 16361 2537 841 971 8277 ndash1154 26236 26229 26582 26063 ndash41 ndash01 ndash35 06 ndash47
See the note at the end of the table
190 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1958 I 25190 16139 2348 757 985 8184 ndash1253 25565 25659 26044 25366 ndash104 ndash99 ndash84 ndash79 ndash103 II 25345 16271 2293 761 1027 8389 ndash1342 25698 25858 26221 25524 25 21 31 28 25 III 25939 16538 2482 763 1012 8442 ndash1274 26072 26444 26582 26112 97 60 94 56 96 IV 26543 16756 2706 761 1065 8622 ndash1237 26576 27123 27159 26715 97 79 107 90 96
1959 I 27080 17067 2859 811 1092 8566 ndash1131 27124 27625 27672 27251 83 85 76 78 83 II 27764 17329 3097 838 1145 8697 ndash1052 27591 28340 28167 27936 105 71 108 73 104 III 27731 17510 2882 865 1156 8806 ndash1176 27927 28279 28481 27915 ndash05 50 ndash09 45 ndash03 IV 27828 17529 2983 841 1126 8710 ndash1109 27822 28380 28377 28022 14 ndash15 15 ndash14 16
1960 I 28453 17697 3305 947 1169 8539 ndash866 28126 28906 28574 28640 93 44 76 28 91 II 28320 17921 2971 1007 1178 8608 ndash1009 28394 28689 28766 28511 ndash19 39 ndash30 27 ndash18 III 28366 17850 2953 982 1143 8815 ndash1091 28354 28736 28726 28565 07 ndash06 07 ndash06 08 IV 28002 17874 2588 1002 1089 8877 ndash1250 28493 28276 28778 28212 ndash50 20 ndash63 07 ndash49
1961 I 28169 17869 2654 995 1084 8993 ndash1258 28516 28450 28805 28390 24 03 25 04 25 II 28696 18134 2852 981 1097 9014 ndash1188 28822 29024 29153 28906 77 44 83 49 75 III 29159 18222 3091 976 1170 9191 ndash1151 29044 29584 29468 29375 66 31 80 44 66 IV 29753 18587 3143 1006 1197 9393 ndash1179 29704 30175 30127 29973 84 94 82 93 84
1962 I 30287 18785 3331 1004 1234 9559 ndash1158 30067 30764 30541 30505 74 50 80 56 73 II 30621 19016 3298 1100 1261 9611 ndash1143 30579 30989 30947 30860 45 70 30 54 47 III 30904 19170 3357 1038 1277 9830 ndash1214 30816 31387 31299 31146 37 31 53 46 37 IV 30979 19442 3245 1016 1292 9844 ndash1276 31029 31514 31567 31254 10 28 16 35 14
1963 I 31384 19573 3425 1040 1263 9784 ndash1175 31235 31861 31711 31647 53 27 45 18 51 II 31777 19760 3475 1161 1292 9772 ndash1099 31765 32113 32102 32032 51 70 32 50 49 III 32376 20029 3588 1099 1325 10191 ndash1206 32329 32851 32805 32635 77 73 95 91 77 IV 32622 20196 3632 1155 1321 10098 ndash1138 32665 33016 33062 32889 31 42 20 32 32
1964 I 33354 20595 3781 1225 1319 10135 ndash1063 33379 33659 33685 33644 93 90 80 78 95 II 33737 20958 3764 1246 1349 10201 ndash1083 33776 34052 34092 34016 47 48 47 49 45 III 34195 21343 3853 1236 1385 10207 ndash1059 34194 34572 34572 34483 55 51 63 58 56 IV 34290 21402 3885 1273 1423 10178 ndash1025 34283 34655 34649 34559 11 10 10 09 09
1965 I 35133 21878 4276 1136 1372 10153 ndash938 34826 35665 35354 35436 102 65 122 84 106 II 35609 22120 4276 1349 1533 10284 ndash887 35455 36006 35850 35922 55 74 39 57 56 III 36332 22500 4428 1272 1540 10640 ndash968 36121 36866 36654 36624 84 77 99 93 81 IV 37208 23132 4449 1364 1615 10869 ndash991 37102 37706 37598 37476 100 113 94 107 96
1966 I 38122 23474 4825 1340 1657 11064 ndash924 37721 38718 38311 38399 102 68 112 78 102 II 38249 23535 4737 1398 1698 11260 ndash983 37892 38805 38442 38526 13 18 09 14 13 III 38500 23804 4690 1346 1793 11565 ndash1112 38207 39241 38945 38772 27 34 46 53 26 IV 38812 23903 4712 1390 1813 11753 ndash1133 38315 39514 39010 39095 33 11 28 07 34
1967 I 39154 24042 4583 1417 1842 12252 ndash1298 38703 39854 39396 39434 36 41 35 40 35 II 39162 24370 4388 1404 1827 12185 ndash1358 39116 39866 39823 39435 01 43 01 44 00 III 39475 24495 4514 1370 1851 12312 ndash1365 39316 40262 40103 39774 32 21 40 29 35 IV 39776 24646 4611 1409 1948 12396 ndash1338 39664 40612 40502 40067 31 36 35 40 30
1968 I 40595 25234 4712 1450 2063 12613 ndash1351 40494 41507 41409 40894 85 86 91 93 85 II 41285 25621 4902 1479 2095 12671 ndash1293 40901 42202 41815 41589 70 41 69 40 70 III 41567 26103 4743 1566 2221 12697 ndash1321 41487 42490 42413 41881 28 59 28 58 28 IV 41747 26223 4792 1546 2202 12708 ndash1320 41751 42685 42694 42059 17 26 18 27 17
1969 I 42405 26517 5108 1360 1994 12720 ndash1306 42182 43422 43200 42717 65 42 71 48 64 II 42528 26686 5067 1665 2388 12667 ndash1169 42390 43495 43358 42830 12 20 07 15 11 III 42797 26815 5185 1625 2357 12685 ndash1156 42609 43798 43611 43086 26 21 28 24 24 IV 42596 27029 4905 1682 2331 12498 ndash1187 42617 43485 43512 42885 ndash19 01 ndash28 ndash09 ndash19
1970 I 42529 27195 4752 1696 2323 12431 ndash1222 42733 43388 43602 42825 ndash06 11 ndash09 08 ndash06 II 42607 27319 4767 1771 2369 12271 ndash1152 42651 43405 43455 42912 07 ndash08 02 ndash13 08 III 42986 27559 4848 1765 2364 12324 ndash1146 43033 43796 43849 43287 36 36 37 37 35 IV 42530 27484 4567 1781 2400 12324 ndash1226 42953 43344 43781 42807 ndash42 ndash07 ndash41 ndash06 ndash44
1971 I 43703 28009 5160 1788 2372 12124 ndash1006 43485 44505 44287 44029 115 50 112 47 119 II 43951 28266 5320 1785 2551 12085 ndash954 43785 44943 44780 44294 23 28 40 45 24 III 44302 28491 5390 1858 2607 12078 ndash908 44171 45255 45127 44614 32 36 28 31 29 IV 44425 28965 5222 1702 2431 11988 ndash1021 44703 45421 45711 44753 11 49 15 53 13
1972 I 45219 29352 5591 1882 2786 12031 ndash851 45324 46336 46450 45561 73 57 83 66 74 II 46291 29912 5933 1828 2687 12106 ndash801 46077 47408 47196 46629 98 68 96 66 97 III 46735 30374 6018 1938 2743 11856 ndash708 46492 47764 47522 47100 39 37 30 28 41 IV 47505 31086 6049 2020 2866 11931 ndash715 47574 48563 48639 47868 68 96 69 97 67
1973 I 48720 31655 6433 2168 2999 12048 ndash585 48617 49733 49633 49137 106 91 100 84 110 II 49284 31639 6734 2273 2912 11976 ndash426 48855 50060 49627 49728 47 20 27 00 49 III 49021 31753 6470 2280 2832 11823 ndash473 48916 49685 49581 49537 ndash21 05 ndash30 ndash04 ndash15 IV 49488 31660 6718 2392 2853 11910 ndash339 48972 50003 49480 50008 39 05 26 ndash08 39
1974 I 49054 31383 6289 2423 2756 12159 ndash444 48912 49372 49228 49663 ndash35 ndash05 ndash49 ndash20 ndash27 II 49180 31492 6258 2541 2902 12241 ndash450 48966 49506 49291 49756 10 04 11 05 08 III 48694 31622 5905 2404 2851 12259 ndash645 48815 49172 49294 49219 ndash39 ndash12 ndash27 00 ndash43 IV 48502 31158 5961 2466 2823 12302 ndash562 48106 48833 48434 48955 ndash16 ndash57 ndash27 ndash68 ndash21
1975 I 47912 31420 4914 2484 2540 12452 ndash818 48482 47789 48360 48293 ndash48 32 ndash83 ndash06 ndash53 II 48278 31944 4744 2412 2337 12357 ndash842 48979 47985 48687 48662 31 42 17 27 31 III 49091 32399 5145 2371 2531 12574 ndash867 49419 49164 49492 49506 69 36 102 68 71 IV 49733 32742 5287 2505 2666 12680 ndash815 50003 49781 50051 50226 53 48 51 46 59
1976 I 50863 33396 5834 2488 2833 12712 ndash734 50694 51187 51015 51343 94 56 118 79 92 II 51246 33703 6083 2513 2956 12573 ndash670 50865 51706 51322 51744 30 14 41 24 32 III 51497 34059 6094 2586 3076 12507 ndash673 51180 52010 51690 52000 20 25 24 29 20 IV 51871 34503 6137 2612 3178 12497 ndash700 51895 52490 52515 52386 29 57 37 65 30
See the note at the end of the table
191 August 2012 SURVEY OF CURRENT BUSINESS
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1977 I 52473 34897 6438 2570 3329 12610 ndash713 52382 53384 53294 53061 47 38 70 61 52 II 53516 35090 6936 2639 3359 12741 ndash531 53224 54364 54072 54092 82 66 75 60 80 III 54473 35425 7314 2660 3312 12765 ndash379 53784 55225 54533 55043 74 43 65 34 72 IV 54461 35959 7108 2574 3359 12723 ndash544 54223 55419 55180 54969 ndash01 33 14 48 ndash05
1978 I 54647 36169 7249 2635 3585 12744 ndash565 54292 55835 55479 55234 14 05 30 22 19 II 56797 36942 7746 2910 3596 13088 ndash293 56446 57569 57216 57287 167 168 130 131 157 III 57354 37097 7985 2942 3643 13193 ndash220 56964 58143 57751 57888 40 37 40 38 43 IV 58113 37396 8167 3058 3693 13312 ndash127 57695 58788 58368 58726 54 52 45 43 59
1979 I 58210 37585 8166 3061 3683 13192 ndash111 57878 58864 58529 58838 07 13 05 11 08 II 58264 37563 8147 3069 3703 13332 ndash144 57875 58935 58543 58968 04 00 05 01 09 III 58683 37932 7988 3179 3646 13351 ndash121 58714 59085 59113 59523 29 59 10 39 38 IV 58845 38033 7839 3380 3726 13438 ndash119 58982 59049 59182 59678 11 18 ndash02 05 10
1980 I 59034 37967 7783 3474 3729 13654 ndash115 59096 59093 59151 59883 13 08 03 ndash02 14 II 57824 37105 7081 3539 3458 13697 ndash140 57938 57321 57428 58609 ndash79 ndash76 ndash115 ndash112 ndash82 III 57717 37503 6541 3532 3210 13508 ndash157 58693 56791 57746 58456 ndash07 53 ndash36 22 ndash10 IV 58784 38003 7206 3510 3382 13494 ndash47 59218 58185 58606 59386 76 36 102 61 65
1981 I 60006 38211 7922 3577 3526 13673 149 59509 59534 59037 60648 86 20 96 30 88 II 59527 38211 7545 3596 3532 13704 03 59627 59038 59131 60132 ndash32 08 ndash33 06 ndash34 III 60250 38366 8013 3520 3491 13673 169 59696 59809 59255 60893 49 05 53 08 52 IV 59500 38076 7702 3536 3591 13799 ndash22 59344 59206 59047 60221 ndash49 ndash23 ndash40 ndash14 ndash43
1982 I 58523 38322 6900 3383 3489 13785 ndash378 59177 58315 58958 59206 ndash64 ndash11 ndash59 ndash06 ndash66 II 58840 38459 6894 3403 3432 13865 ndash349 59152 58508 58812 59606 22 ndash02 13 ndash10 27 III 58614 38754 6813 3252 3591 13960 ndash574 58765 58766 58912 59263 ndash15 ndash26 18 07 ndash23 IV 58660 39461 6207 3103 3450 14201 ndash862 59635 58828 59794 59286 03 61 04 61 02
1983 I 59389 39848 6428 3153 3529 14308 ndash819 60265 59602 60469 60008 51 43 54 46 50 II 60724 40639 7048 3163 3801 14430 ndash755 61118 61317 61706 61383 93 58 120 84 95 III 61922 41357 7522 3211 4097 14680 ndash751 62252 62869 63196 62593 81 76 105 100 81 IV 63202 42013 8314 3275 4298 14432 ndash534 63070 64336 64203 63899 85 54 97 65 86
1984 I 64428 42373 9184 3344 4643 14578 ndash408 63492 65944 65010 65072 80 27 104 51 76 II 65540 42979 9494 3427 4838 14892 ndash414 64656 67204 66321 66188 71 75 79 83 70 III 66177 43311 9714 3503 4963 15002 ndash390 65252 67903 66979 66819 39 37 42 40 39 IV 66716 43881 9555 3574 5108 15323 ndash509 66203 68537 68026 67287 33 60 38 64 28
1985 I 67345 44625 9240 3576 4996 15499 ndash599 67325 69016 68997 67800 38 70 28 58 31 II 67915 45032 9399 3563 5241 15847 ndash685 67838 69926 69851 68400 34 31 54 50 36 III 68976 45887 9296 3511 5190 16258 ndash786 68940 70995 70961 69376 64 67 63 65 58 IV 69500 45988 9659 3617 5394 16355 ndash725 69221 71640 71365 69945 31 17 37 23 33
1986 I 70168 46372 9639 3731 5389 16532 ndash717 69934 72146 71915 70559 39 42 29 31 36 II 70450 46866 9425 3772 5618 16883 ndash878 70461 72669 72684 70730 16 31 29 43 10 III 71129 47685 9130 3858 5774 17266 ndash1036 71453 73431 73759 71443 39 58 43 61 41 IV 71473 47972 9144 4002 5819 17166 ndash992 71858 73641 74030 71685 19 23 12 15 14
1987 I 71869 47899 9423 4005 5784 17237 ndash911 71666 73988 73789 72109 22 ndash11 19 ndash13 24 II 72633 48540 9436 4164 5928 17346 ndash925 72622 74729 74721 72935 43 54 41 51 47 III 73263 49082 9446 4343 6043 17346 ndash911 73489 75273 75501 73556 35 49 29 42 35 IV 74517 49200 10183 4504 6182 17556 ndash744 73820 76494 75802 74838 70 18 67 16 71
1988 I 74902 50022 9609 4753 6153 17471 ndash800 74911 76510 76520 75303 21 60 01 38 25 II 75864 50385 9843 4885 6083 17517 ndash683 75814 77199 77149 76231 52 49 36 33 50 III 76256 50783 9906 4975 6226 17507 ndash689 76174 77659 77578 76586 21 19 24 22 19 IV 77274 51381 10037 5127 6416 17862 ndash717 77153 78722 78603 77637 55 52 56 54 56
1989 I 77999 51569 10422 5278 6446 17752 ndash576 77525 79286 78813 78356 38 19 29 11 38 II 78583 51800 10300 5508 6476 18028 ndash577 78278 79604 79299 78926 30 39 16 25 29 III 79206 52337 10179 5568 6467 18197 ndash608 79264 80135 80192 79577 32 51 27 46 33 IV 79379 52593 10074 5656 6584 18294 ndash654 79363 80344 80327 79833 09 05 10 07 13
1990 I 80208 53009 10173 5903 6793 18576 ndash660 80224 81122 81137 80635 42 44 39 41 41 II 80527 53184 10176 5983 6782 18604 ndash638 80259 81323 81054 80966 16 02 10 ndash04 17 III 80526 53386 9937 6027 6754 18598 ndash668 80417 81233 81123 80896 00 08 ndash04 03 ndash03 IV 79820 52970 9308 6077 6573 18783 ndash745 80132 80234 80541 80501 ndash35 ndash14 ndash48 ndash28 ndash19
1991 I 79434 52820 8929 6121 6498 18859 ndash797 79811 79701 80075 79947 ndash19 ndash16 ndash26 ndash23 ndash27 II 79970 53222 8885 6341 6614 18925 ndash789 80385 80108 80519 80334 27 29 21 22 19 III 80307 53426 9106 6486 6800 18835 ndash746 80496 80494 80681 80626 17 06 19 08 15 IV 80622 53402 9454 6634 6950 18756 ndash674 80423 80810 80609 81044 16 ndash04 16 ndash04 21
1992 I 81507 54320 9244 6752 7001 18899 ndash707 81666 81611 81766 81923 45 63 40 59 44 II 82373 54642 9853 6753 7116 18876 ndash635 82250 82614 82489 82783 43 29 50 36 43 III 83223 55246 9955 6899 7228 18973 ndash622 83154 83421 83348 83591 42 45 40 42 40 IV 84098 55920 10270 6934 7401 18979 ndash604 84019 84461 84378 84478 43 42 51 50 43
1993 I 84253 56147 10511 6950 7561 18779 ndash573 83964 84787 84496 84728 07 ndash03 16 06 12 II 84792 56686 10594 7035 7718 18765 ndash570 84668 85409 85283 85180 26 34 30 38 21 III 85238 57301 10586 7012 7819 18746 ndash588 85332 86002 86094 85701 21 32 28 39 25 IV 86364 57811 11145 7237 8134 18839 ndash534 86354 87229 87218 86630 54 49 58 53 44
See the note at the end of the table
192 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashTable Ends [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1994 I 87205 58455 11626 7306 8323 18599 ndash458 86816 88208 87819 87559 40 22 46 28 44 II 88398 58888 12304 7547 8633 18677 ndash385 87547 89477 88626 88700 56 34 59 37 53 III 88967 59360 12082 7835 8876 19005 ndash439 88496 89990 89518 89240 26 44 23 41 25 IV 89955 59946 12646 8009 9126 18841 ndash361 89207 91065 90317 90221 45 32 49 36 45
1995 I 90176 60016 12774 8156 9326 18916 ndash360 89587 91346 90757 90561 10 17 12 20 15 II 90370 60508 12431 8268 9415 18979 ndash401 90117 91511 91257 90787 09 24 07 22 10 III 91129 61049 12311 8628 9447 18937 ndash349 91190 91883 91942 91373 34 49 16 30 26 IV 91764 61478 12658 8752 9568 18725 ndash281 91722 92514 92469 92146 28 24 28 23 34
1996 I 92393 62040 12824 8862 9879 18845 ndash299 92514 93373 93493 92850 28 35 38 45 31 II 93990 62742 13489 9011 10100 19116 ndash268 93840 95052 94900 94341 71 59 74 62 66 III 94808 63118 14169 9084 10427 19097 ndash233 94250 96157 95597 95119 35 18 47 30 33 IV 95843 63632 14130 9653 10633 19259 ndash198 95572 96780 96508 96214 44 57 26 39 47
1997 I 96580 64273 14460 9837 11087 19294 ndash197 96244 97815 97477 96850 31 28 43 41 27 II 98012 64533 15383 10227 11459 19460 ndash132 97010 99220 98217 98374 61 32 59 31 64 III 99242 65630 15657 10464 11881 19482 ndash110 98541 100642 99940 99513 51 65 59 72 47 IV 100003 66381 15907 10445 12138 19515 ndash107 99175 101698 100867 100198 31 26 43 38 28
1998 I 100948 67041 16666 10495 12593 19397 ndash58 99798 103066 101912 101247 38 25 55 42 43 II 101856 68195 16467 10374 12882 19819 ndash117 101484 104404 104034 102125 36 69 53 86 35 III 103200 69099 16939 10326 13055 20002 ndash111 102655 105983 105439 103315 54 47 62 55 47 IV 104986 70159 17484 10715 13478 20181 ndash75 104396 107791 107201 105122 71 70 70 69 72
1999 I 105921 70851 18034 10633 13821 20284 ndash60 105083 109163 108324 106190 36 27 52 43 41 II 106749 71966 17971 10755 14261 20369 ndash51 106391 110306 109950 107075 32 51 43 61 34 III 108107 72831 18422 11037 14779 20633 ndash37 107705 111893 111493 108397 52 50 59 57 50 IV 110048 73858 19076 11313 15133 20959 ndash25 109081 113910 112942 110456 74 52 74 53 78
2000 I 110336 74978 18809 11508 15747 20787 01 110182 114616 114464 110692 11 41 25 55 09 II 112488 75683 20111 11835 16227 21064 22 111484 116919 115916 112881 80 48 83 52 82 III 112583 76424 19797 12124 16794 20998 34 111968 117288 116674 112928 03 17 13 26 02 IV 113250 77100 19807 12029 16781 21062 33 112685 118041 117478 113868 24 26 26 28 34
2001 I 112878 77408 18761 11871 16537 21373 02 113256 117582 117964 113339 ndash13 20 ndash15 17 ndash18 II 113617 77700 18700 11483 16044 21817 ndash39 113757 118232 118375 114169 27 18 22 14 30 III 113304 78042 18303 10892 15656 21778 ndash55 113641 118141 118483 113603 ndash11 ndash04 ndash03 04 ndash20 IV 113700 79264 17245 10585 15469 22164 ndash89 114626 118676 119612 114688 14 35 18 39 39
2002 I 114671 79537 17819 10754 15857 22504 ndash86 114857 119855 120044 115233 35 08 40 15 19 II 115281 79941 18034 11046 16392 22720 ndash68 115182 120687 120590 115645 21 11 28 18 14 III 115866 80483 18080 11123 16662 22904 ndash62 115699 121459 121294 116387 20 18 26 24 26 IV 115906 80769 18083 11010 16962 23057 ndash51 115608 121899 121603 116617 01 ndash03 15 10 08
2003 I 116389 81177 18104 10908 16757 23009 ndash52 116096 122289 121997 116949 17 17 13 13 11 II 117375 81981 18218 10873 16996 23351 ndash52 117426 123546 123601 118081 34 47 42 54 39 III 119307 83085 18884 11168 17196 23420 ndash54 119286 125388 125370 120008 67 65 61 58 67 IV 120386 83537 19599 11691 17838 23437 ndash40 120011 126566 126191 121360 37 25 38 26 46
2004 I 121179 84276 19701 11970 18292 23549 ndash25 120665 127524 127010 122340 27 22 31 26 33 II 121959 84651 20557 12157 19026 23635 ndash15 121184 128833 128057 122851 26 17 42 33 17 III 122867 85391 20821 12247 19304 23721 ndash09 122242 129926 129301 123867 30 35 34 39 34 IV 123872 86313 21249 12528 19794 23576 00 123161 131136 130425 124607 33 30 38 35 24
2005 I 125150 87001 21700 12762 19909 23599 ndash03 124241 132297 131388 126234 42 36 36 30 53 II 125707 87862 21313 13036 20129 23624 01 125552 132799 132644 126677 18 43 15 39 14 III 126705 88529 21551 13039 20253 23839 00 126585 133918 133799 127769 32 33 34 35 35 IV 127356 88749 22328 13366 20821 23734 00 126542 134812 133999 128124 21 ndash01 27 06 11
2006 I 128964 89658 22663 13887 21215 23971 00 128319 136294 135650 129747 51 57 45 50 52 II 129487 90198 22631 14121 21452 23991 ndash02 128773 136821 136107 130216 16 14 16 14 15 III 129504 90739 22312 14142 21709 24027 ndash07 128828 137076 136400 130096 01 02 07 09 ndash04 IV 130384 91583 21667 14735 21682 24094 ndash13 130053 137333 137001 131073 27 39 07 18 30
2007 I 130561 92092 21451 14965 21998 24067 ndash16 130382 137594 137415 131226 05 10 08 12 05 II 131736 92445 21930 15213 22107 24268 ndash13 131262 138632 138158 132484 36 27 31 22 39 III 132698 92852 21763 15780 22160 24479 ndash16 132318 139083 138703 134058 30 33 13 16 48 IV 133260 93126 21236 16219 21865 24553 ndash09 133140 138901 138782 135110 17 25 ndash05 02 32
2008 I 132668 92891 20557 16439 21941 24739 ndash17 132778 138180 138288 134317 ndash18 ndash11 ndash21 ndash14 ndash23 II 133105 92858 20240 16939 21801 24845 24 133259 137945 138097 134766 13 15 ndash07 ndash05 13 III 131869 91960 19347 16787 21433 25107 101 132256 136465 136846 133674 ndash37 ndash30 ndash42 ndash36 ndash32 IV 128835 90760 17446 15806 20586 25205 204 129729 133533 134415 129919 ndash89 ndash74 ndash83 ndash69 ndash108
2009 I 127110 90395 15160 14525 18560 25316 274 128703 131037 132618 128195 ndash53 ndash31 ndash73 ndash52 ndash52 II 127010 89993 14007 14546 17774 25904 334 128900 130144 132023 128068 ndash03 06 ndash27 ndash18 ndash04 III 127467 90462 13948 15023 18493 26143 384 129283 130820 132623 128953 14 12 21 18 28 IV 128731 90454 15211 15852 19327 26211 330 129102 132093 132456 130345 40 ndash06 40 ndash05 44
2010 I 129476 91008 15914 16082 19809 26004 277 129147 133093 132759 131219 23 01 31 09 27 II 130196 91594 16464 16454 20742 26187 239 129854 134389 134039 132165 22 22 39 39 29 III 131035 92160 17101 16839 21428 26167 196 130055 135534 134548 133011 26 06 35 15 26 IV 131812 93085 16843 17247 21430 25874 193 131356 135905 135441 133742 24 41 11 27 22
2011 I 131838 93809 16616 17488 21654 25407 172 131544 135921 135619 133943 01 06 00 05 06 II 132647 94032 17113 17664 21660 25354 144 132341 136552 136238 134861 25 24 19 18 28 III 133069 94419 17358 17929 21908 25166 105 133112 136964 136996 135347 13 23 12 22 14 IV 134410 94893 18673 17993 22173 25027 ndash03 133614 138514 137713 136729 41 15 46 21 41
2012 I 135064 95468 18951 18187 22342 24837 ndash37 134401 139144 138475 136938 20 24 18 22 06 II 135580 95820 19340 18424 22668 24748 ndash84 134811 139759 138985 15 12 18 15
NOTE The residual is the difference between gross domestic product and the sum of the detailed components shown in this table
193 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1929 7733 8363 8724 7544 4667 6258 5425 33695 2244 9786 2906 2421 6181 2851 10620 7848 7740 1930 7067 7915 8034 7387 3113 4796 4471 28836 1779 5949 2402 2106 6812 3158 11690 7311 7075 1931 6609 7667 7741 7199 1956 3326 2929 18557 1187 4975 1996 1837 7095 3266 12197 6881 6610 1932 5745 6979 6835 6764 0590 1934 1754 11365 0695 2627 1564 1524 6860 3340 11629 6097 5743 1933 5671 6824 6785 6513 0869 1709 1581 8816 0712 2146 1574 1588 6633 4130 10421 5911 5663 1934 6288 7312 7405 6832 1570 2210 2014 9940 0984 2938 1749 1622 7482 5541 10956 6474 6271 1935 6846 7758 8013 7070 2906 2864 2552 11028 1341 4111 1845 2125 7687 5639 11306 6876 6831 1936 7740 8548 9078 7505 3726 3814 3451 14477 1840 5205 1938 2101 8971 8514 11371 7786 7713 1937 8137 8864 9348 7857 4653 4472 4134 18358 2139 5661 2441 2364 8592 7666 11369 8111 8117 1938 7857 8722 9140 7794 3076 3543 3031 14689 1489 5691 2414 1837 9252 8465 12035 7995 7841 1939 8492 9209 9773 8097 3956 4252 3383 15500 1718 8062 2549 1930 10067 9077 13229 8586 8473 1940 9236 9686 10380 8410 5510 5108 4187 17596 2227 9093 2899 1976 10350 10163 12794 9169 9205 1941 10813 10373 11204 8909 6729 5828 4930 20899 2611 9661 2973 2430 17205 26817 11982 10640 10782 1942 12809 10127 10340 9400 3555 3289 2902 12917 1498 4887 1964 2206 40483 82370 10867 12859 12763 1943 14906 10411 10239 10151 2099 2539 2425 9387 1345 2904 1655 2782 60224 130288 9876 15168 14842 1944 16109 10707 10316 10718 2594 3118 3221 12292 1799 2500 1778 2912 67771 148703 9525 16396 16039 1945 15929 11370 11021 11293 3424 4268 4525 16574 2576 2940 2491 3096 59168 127726 9855 16262 15853 1946 14186 12784 13059 11807 8778 7872 6673 32740 3213 12338 5379 2566 20344 34335 10837 14036 14137 1947 14059 13029 13438 11856 8433 9469 7765 29776 4367 15901 6133 2436 17281 25367 12329 14330 14031 1948 14677 13323 13708 12170 10775 10428 8172 31334 4596 19026 4831 2843 18542 27378 13112 14600 14660 1949 14601 13692 14120 12464 8226 9533 7422 30294 4029 17588 4786 2742 20755 30046 15108 14947 14577 1950 15878 14570 15214 13011 11615 11385 8104 32461 4447 24064 4190 3241 20779 28399 16349 15820 15853 1951 17106 14799 15033 13780 11649 10906 8479 34946 4576 20145 5135 3369 28386 47155 16475 16944 17093 1952 17761 15266 15371 14399 10534 10701 8315 34809 4445 19784 4913 3665 34178 61369 16749 17846 17747 1953 18579 15995 16167 15006 11029 11448 9062 37902 4848 20485 4584 4010 36627 66331 17578 18726 18554 1954 18461 16331 16340 15530 10517 11627 8868 39201 4576 22183 4806 3812 34132 57637 19115 18778 18445 1955 19791 17536 17844 16311 13072 13141 9851 42011 5203 25776 5319 4271 32885 52422 20494 19836 19778 1956 20182 18049 18112 17094 12894 13191 10413 46421 5341 23678 6197 4618 32912 51508 21156 20290 20180 1957 20588 18497 18422 17685 12333 13048 10571 46396 5480 22230 6737 4812 34379 53343 22408 20812 20591 1958 20403 18658 18234 18260 11312 12113 9410 43866 4680 22463 5826 5040 35484 53320 24312 20661 20385 1959 21866 19718 19381 19164 13603 13804 10159 44917 5237 28170 6427 5571 36688 54992 25232 21965 21840 1960 22408 20260 19721 19915 13600 13922 10737 48488 5459 26165 7543 5645 36751 53496 26338 22542 22391 1961 22930 20677 19846 20648 13512 13879 10670 49151 5354 26238 7583 5607 38600 55739 27961 23082 22925 1962 24319 21700 20867 21624 15227 15133 11602 51393 5974 28754 7965 6243 40977 60488 28818 24356 24325 1963 25382 22593 21701 22543 16249 16306 12247 51986 6476 32142 8535 6411 42032 60526 30552 25450 25393 1964 26851 23939 22994 23885 17589 17882 13701 57399 7303 34011 9540 6752 42958 59725 32626 26969 26867 1965 28575 25453 24623 25204 20058 19708 16088 66553 8641 33017 9807 7471 44250 59697 34813 28534 28588 1966 30437 26897 26184 26453 21825 20838 18100 71109 10024 30063 10487 8581 48149 66303 36998 30250 30423 1967 31206 27703 26697 27541 20827 20453 17856 69313 9958 29117 10728 9206 51844 72903 38868 31178 31193 1968 32717 29301 28350 29009 22039 21881 18654 70299 10578 33086 11572 10578 53472 73491 41168 32735 32709 1969 33733 30399 29216 30303 23323 23242 20070 74096 11513 34063 12131 11181 53347 70969 42557 33762 33710 1970 33798 31112 29447 31487 21791 22754 19963 74300 11399 32026 13435 11658 52059 65738 43738 34075 33772 1971 34932 32297 30679 32574 24275 24477 19964 73082 11512 40808 13663 12280 50926 60677 45077 35024 34923 1972 36788 34283 32685 34458 27150 27420 21797 75359 12997 48061 14689 13662 50556 58197 46068 36878 36784 1973 38920 35982 34378 36091 30331 29926 24968 81520 15381 47752 17458 14296 50379 55748 47381 38845 38995 1974 38705 35683 33124 36783 28097 28055 25177 79755 15774 37895 18837 13972 51648 56243 49164 38734 38835 1975 38623 36492 33349 38164 23120 25042 22689 71355 14272 32975 18718 12419 52812 56426 50970 39148 38657 1976 40695 38525 35684 39802 27791 27511 23800 73073 15164 40740 19536 14848 53049 56453 51346 40689 40776 1977 42566 40146 37215 41447 31989 31465 26486 76079 17449 49486 20006 16471 53630 57647 51532 42475 42681 1978 44940 41916 38753 43375 35846 35274 30450 87058 20106 52602 22115 17898 55210 59092 53216 44818 45034 1979 46345 42912 39373 44700 36989 37265 33517 98098 21861 50672 24307 18195 56241 60519 53998 46419 46581 1980 46217 42761 38376 45389 32926 34844 33429 103837 21075 39949 26925 16987 57337 63390 53958 46716 46449 1981 47390 43410 38830 46203 35886 35623 35333 112161 21971 36747 27256 17433 57860 66420 52873 47359 47542 1982 46470 44015 39101 47103 30859 33125 34003 110325 20829 30075 25173 17214 58876 68989 52898 47071 46651 1983 48570 46531 41589 49568 33733 35541 33563 98404 21950 42524 24524 19386 61027 73561 53514 49055 48719 1984 52060 48998 44586 51508 43672 41543 39486 112125 26303 48836 26526 24105 63078 75829 55444 51619 52155 1985 54214 51551 46931 54173 43266 43729 42103 120095 27974 49608 27331 25669 67471 81771 58879 54347 54151 1986 56092 53642 49556 55784 42971 44237 40901 106935 28504 55696 29429 27863 71573 86407 62669 56412 55899 1987 57887 55297 50448 58007 44295 44480 40870 103859 28895 56807 32594 29511 73300 89477 63575 57981 57672 1988 60266 57525 52322 60469 45337 45947 43008 104539 31074 56231 37815 30671 74220 88010 65933 60457 60093 1989 62420 59152 53643 62301 47156 47328 45409 106616 33351 54524 42161 32022 76240 89379 68340 62521 62242 1990 63591 60359 53975 64151 45569 46340 45633 108187 33361 49819 45954 33168 78655 91185 71112 63834 63482 1991 63442 60450 52904 65110 41862 43335 43186 96150 32504 45032 49005 33118 79514 91000 72585 63850 63276 1992 65595 62511 54571 67431 45254 45904 44565 90354 34873 51263 52370 35440 79885 89351 74156 65833 65403 1993 67466 64731 56838 69589 49299 49839 48456 89768 39226 55450 54086 38505 79253 85842 75244 67669 67263 1994 70214 67203 59836 71666 55998 54500 52915 91405 43904 60840 58802 43098 79245 82555 77197 70004 69913 1995 71980 69021 61623 73488 57743 58010 58478 97235 49158 58850 64755 46547 79705 80353 79247 72102 71711 1996 74672 71429 64383 75640 62851 63213 63940 102744 54383 63550 70133 50595 80507 79423 81090 74799 74395 1997 78000 74066 67453 77973 70672 69045 71658 110280 61861 64751 78490 57409 82020 78641 83980 77740 77620 1998 81397 77950 72010 81409 77747 76537 80264 115911 70837 69732 80281 64119 83759 77758 87291 81192 80937 1999 85326 82213 77745 84744 84592 83658 88640 116049 80857 74092 83785 71500 86761 79270 91179 85155 84928
194 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
2000 88857 86382 81847 88944 90371 89843 97327 125101 89320 74834 90985 80813 88519 79661 93744 88745 88515 2001 89816 88718 84417 91134 84023 88142 94614 123191 86438 75258 85880 78540 91917 82901 97236 90527 89582 2002 91445 91080 87848 92870 82879 84412 87112 101377 82789 79204 84160 81213 96192 88953 100473 91733 91171 2003 93769 93650 91890 94611 86090 87390 88290 97514 85377 85712 85514 84806 98336 94839 100408 94015 93631 2004 97021 96731 95988 97134 94749 93880 93740 98571 92138 94130 93677 94212 99668 98710 100234 96885 97024 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 2006 102658 102850 103322 102599 102742 102375 108027 109180 107590 92667 108969 106099 101359 102127 100910 102596 102423 2007 104622 105218 106394 104599 99412 100390 115039 124578 111168 75379 119108 108652 102713 103399 102311 104808 104731 2008 104270 104637 103776 105067 89296 93228 114125 132595 106411 57345 126376 105733 105381 110819 102310 104991 104692 2009 101069 102602 100697 103558 67124 75494 93507 104659 88911 44489 114835 91422 109262 117613 104568 102598 101328 2010 103486 104460 104304 104554 76327 75326 94148 88308 96822 42862 127623 102832 109955 122883 102711 103478 104193 2011 105356 107103 108263 106543 80284 80311 102288 90733 107473 42268 136152 107746 106497 119480 99224 105506 106304
1947 I 14028 12846 13203 11757 8686 9295 7874 29902 4450 14609 6532 2514 17184 25544 12014 14201 13996 II 14006 13060 13440 11927 7986 9048 7750 29743 4356 13882 6450 2563 17293 25597 12177 14294 13979 III 13995 13102 13530 11901 7730 9355 7596 29945 4209 16009 6122 2273 17451 25611 12461 14410 13967 IV 14207 13106 13580 11839 9332 10178 7841 29515 4454 19103 5429 2395 17193 24718 12663 14415 14182
1948 I 14433 13172 13600 11966 10343 10521 8327 30127 4830 18876 5181 2701 17534 25559 12644 14477 14414 II 14698 13325 13724 12154 11025 10512 8038 30967 4509 19977 4697 2808 18378 27116 13008 14582 14682 III 14777 13344 13710 12219 11143 10399 8058 31892 4451 19341 4807 2955 18735 27669 13239 14607 14761 IV 14800 13450 13800 12342 10588 10279 8264 32349 4594 17908 4638 2907 19523 29169 13559 14733 14784
1949 I 14594 13472 13779 12420 8941 9691 7873 31740 4305 16562 5193 2820 20081 29756 14120 14793 14575 II 14541 13678 14081 12483 7690 9383 7563 30997 4095 16276 5148 2779 20990 30874 14925 14985 14520 III 14704 13709 14153 12457 8364 9360 7187 29626 3879 17671 4718 2665 21201 30534 15546 14978 14679 IV 14566 13910 14469 12495 7907 9696 7064 28813 3836 19841 4084 2705 20750 29021 15843 15033 14535
1950 I 15155 14141 14749 12650 9891 10310 7264 30186 3902 22093 4017 2781 20403 27640 16237 15274 15124 II 15616 14373 14906 12970 10998 11267 7914 31709 4342 24235 4065 2935 20737 28254 16375 15685 15587 III 16227 15111 16022 13171 11988 12108 8624 33545 4809 25567 4171 3621 20339 27251 16387 16249 16209 IV 16513 14656 15178 13254 13581 11856 8612 34404 4733 24363 4509 3628 21635 30451 16397 16072 16492
1951 I 16721 15010 15512 13616 12149 11416 8389 34516 4532 23068 4734 3628 23948 36413 16235 16547 16695 II 16999 14586 14725 13708 12450 10890 8505 35688 4540 19961 5200 3508 27241 44208 16511 16625 16987 III 17337 14756 14887 13880 11488 10714 8600 35472 4640 18688 5328 3211 30332 51849 16591 17175 17328 IV 17367 14842 15007 13915 10509 10603 8422 34108 4593 18861 5278 3127 32023 56150 16564 17430 17364
1952 I 17542 14876 14935 14087 10755 10729 8455 34149 4619 19354 5559 3490 33015 58600 16616 17573 17530 II 17561 15168 15270 14307 9862 10877 8550 34395 4682 19711 4948 3472 34134 60920 16969 17858 17550 III 17679 15241 15254 14497 10387 10210 7777 34682 3989 19513 4557 3684 34472 62487 16510 17684 17665 IV 18263 15780 16025 14704 11132 10987 8477 36010 4490 20560 4588 4014 35090 63469 16900 18270 18243
1953 I 18604 15968 16236 14854 11353 11428 8942 37095 4806 20881 4511 3916 36281 65942 17262 18665 18580 II 18745 16064 16268 15032 11392 11490 9003 37807 4803 20940 4539 4119 37079 68018 17232 18813 18726 III 18631 16027 16131 15124 11124 11499 9208 38017 4965 20146 4721 4103 36631 66162 17693 18767 18601 IV 18336 15920 16033 15012 10248 11375 9096 38688 4815 19972 4565 3901 36517 65201 18124 18660 18308
1954 I 18249 15979 16023 15152 10162 11196 8825 39082 4549 20182 4360 3676 35540 61731 18775 18551 18230 II 18272 16187 16179 15414 10127 11379 8732 39353 4448 21496 4987 4006 34282 58425 18848 18627 18252 III 18478 16407 16350 15682 10645 11833 8970 39267 4659 22808 4827 3765 33455 55519 19373 18811 18458 IV 18848 16751 16806 15872 11135 12098 8944 39101 4649 24245 5049 3801 33252 54873 19463 19125 18839
1955 I 19391 17127 17322 16058 12322 12587 9104 40312 4692 26044 5236 4025 33212 53552 20280 19490 19381 II 19711 17455 17810 16176 13101 13128 9676 41312 5108 26429 5114 4253 32882 52337 20546 19746 19697 III 19975 17671 18058 16342 13288 13418 10171 42683 5427 25865 5450 4325 33082 52889 20514 20034 19960 IV 20086 17893 18186 16668 13576 13431 10451 43738 5586 24768 5474 4482 32365 50910 20634 20076 20074
1956 I 19995 17922 18105 16828 13120 13145 10257 45096 5310 24114 5734 4670 32347 50530 20857 20032 19997 II 20152 17982 18078 16989 12971 13251 10417 46703 5322 23970 6121 4645 33025 51855 21113 20254 20152 III 20126 18022 18003 17168 12819 13229 10501 46999 5372 23499 6324 4686 32713 50911 21218 20262 20130 IV 20455 18270 18261 17392 12667 13138 10476 46887 5359 23131 6608 4471 33563 52735 21434 20612 20439
1957 I 20581 18396 18432 17459 12463 13138 10551 46482 5456 22801 7039 4826 34252 53672 21973 20793 20587 II 20531 18429 18365 17609 12446 13011 10523 46450 5434 22250 6830 4864 34039 52858 22158 20716 20549 III 20729 18576 18519 17738 12743 13142 10745 46458 5625 21950 6639 4770 34300 53050 22471 20872 20738 IV 20511 18585 18374 17933 11679 12902 10466 46194 5405 21918 6440 4787 34925 53793 23030 20867 20490
1958 I 19956 18332 17935 17916 10811 12103 9709 45328 4824 21051 5801 4858 34535 51864 23681 20333 19942 II 20078 18483 17990 18175 10555 11760 9290 43825 4581 21104 5829 5066 35400 53530 24023 20439 20065 III 20549 18785 18329 18419 11426 11927 9150 42825 4538 22643 5847 4989 35621 53321 24548 20737 20528 IV 21028 19034 18683 18530 12456 12662 9491 43486 4777 25055 5829 5250 36381 54566 24996 21137 21003
1959 I 21453 19386 19117 18769 13159 13439 9786 43334 5039 27906 6214 5385 36145 53666 25203 21573 21424 II 21995 19684 19420 19048 14258 13874 10085 44676 5192 28897 6421 5645 36696 54950 25272 21945 21962 III 21969 19889 19573 19304 13266 14044 10404 46005 5362 28351 6625 5698 37158 56085 25294 22212 21945 IV 22046 19912 19414 19537 13730 13857 10363 45655 5354 27524 6448 5554 36753 55268 25159 22128 22030
1960 I 22540 20103 19609 19714 15215 14341 10762 47560 5549 28314 7255 5764 36029 52782 25597 22370 22516 II 22435 20357 19883 19933 13675 14052 10929 48124 5648 25986 7716 5807 36322 52580 26223 22584 22414 III 22472 20276 19756 19909 13594 13676 10657 48216 5411 25197 7522 5637 37197 54212 26614 22552 22457 IV 22184 20303 19637 20102 11915 13620 10598 50051 5227 25164 7677 5371 37456 54410 26919 22662 22179
1961 I 22315 20297 19451 20304 12219 13449 10375 49824 5056 25261 7625 5345 37946 54339 27792 22680 22319 II 22733 20599 19745 20600 13129 13647 10589 48994 5297 25352 7519 5410 38037 54847 27604 22923 22725 III 23100 20699 19874 20662 14229 13975 10677 49022 5369 26721 7478 5768 38783 56387 27838 23100 23093 IV 23570 21114 20316 21026 14469 14446 11038 48764 5692 27618 7709 5905 39635 57381 28610 23625 23563
195 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1962 I 23993 21338 20554 21225 15332 14755 11294 49678 5841 28116 7690 6085 40336 59488 28403 23914 23982 II 24258 21600 20756 21542 15184 15203 11631 51488 5991 28995 8428 6218 40555 59733 28607 24321 24261 III 24482 21776 20915 21728 15455 15325 11781 52844 6017 28971 7957 6297 41478 61530 28972 24510 24485 IV 24542 22084 21242 22002 14936 15250 11701 51563 6045 28933 7785 6374 41538 61199 29288 24679 24571
1963 I 24863 22233 21441 22089 15765 15428 11683 49768 6164 29978 7967 6226 41285 59714 29839 24843 24880 II 25174 22446 21618 22330 15995 16144 12056 52126 6303 32135 8900 6373 41233 59161 30110 25265 25182 III 25648 22752 21835 22721 16517 16562 12421 52488 6586 32730 8424 6534 43001 62445 30915 25713 25656 IV 25843 22941 21909 23031 16720 17091 12829 53562 6851 33726 8847 6513 42610 60783 31346 25980 25856
1964 I 26423 23394 22416 23403 17407 17743 13148 54952 7018 35792 9389 6507 42768 60473 31813 26548 26449 II 26727 23806 22888 23729 17327 17695 13483 56815 7161 33990 9545 6653 43045 60070 32544 26864 26742 III 27090 24243 23422 24039 17739 17978 13941 58681 7409 33435 9471 6832 43071 59598 32899 27197 27109 IV 27165 24311 23250 24368 17884 18110 14231 59147 7622 32825 9753 7017 42947 58760 33247 27267 27168
1965 I 27832 24852 24007 24645 19683 18935 15187 62180 8208 32940 8701 6764 42843 58020 33562 27699 27858 II 28210 25126 24181 25018 19682 19465 15759 66513 8361 33197 10335 7562 43396 58132 34414 28199 28240 III 28782 25558 24676 25360 20385 19992 16355 67213 8820 33327 9743 7593 44897 60480 35383 28729 28792 IV 29477 26276 25627 25791 20479 20441 17051 70307 9175 32605 10449 7964 45862 62158 35893 29509 29462
1966 I 30200 26664 26109 26059 22211 21205 17794 71978 9687 33346 10266 8169 46687 63579 36338 30001 30187 II 30301 26733 25979 26343 21805 20931 18071 70590 10040 30671 10715 8373 47514 65262 36619 30137 30287 III 30500 27039 26353 26560 21589 20924 18291 72162 10104 29674 10313 8842 48800 67904 37042 30388 30481 IV 30747 27151 26298 26850 21693 20290 18244 69704 10265 26561 10653 8941 49594 68469 37995 30474 30735
1967 I 31018 27310 26366 27099 21099 19813 17858 70424 9867 25762 10859 9082 51699 73163 38465 30782 31001 II 31025 27682 26825 27361 20199 20320 17794 68421 9976 28691 10760 9009 51418 72103 38675 31111 31002 III 31272 27824 26746 27734 20779 20520 17704 69145 9838 30129 10498 9127 51953 73249 38827 31270 31268 IV 31511 27996 26851 27968 21229 21160 18069 69260 10149 31884 10797 9608 52307 73097 39504 31547 31499
1968 I 32160 28664 27706 28406 21691 21671 18637 70618 10536 32079 11111 10174 53220 74368 40197 32207 32149 II 32706 29104 28121 28853 22568 21560 18313 70020 10300 32889 11332 10330 53466 73771 40979 32531 32696 III 32930 29651 28810 29226 21835 21878 18557 69568 10555 33480 11998 10951 53578 73136 41568 32997 32925 IV 33072 29787 28763 29550 22062 22415 19107 70990 10922 33897 11845 10858 53622 72689 41927 33206 33065
1969 I 33593 30120 29148 29814 23515 23122 19672 72087 11332 35118 10424 9834 53674 72285 42268 33550 33583 II 33691 30313 29169 30180 23328 23223 19885 72659 11474 34741 12760 11774 53450 71132 42623 33715 33671 III 33904 30459 29221 30420 23867 23610 20422 76085 11655 34457 12454 11622 53525 71182 42713 33889 33872 IV 33745 30702 29326 30797 22582 23013 20300 75553 11593 31937 12886 11494 52739 69277 42625 33896 33714
1970 I 33692 30891 29374 31124 21875 22931 20182 74959 11539 32001 12997 11456 52455 67908 43021 33988 33667 II 33753 31032 29457 31319 21943 22421 20072 74192 11508 29868 13569 11683 51777 65781 43251 33923 33736 III 34054 31304 29638 31673 22318 22820 20174 74462 11575 31460 13525 11656 52001 64808 44228 34227 34031 IV 33693 31219 29318 31833 21026 22842 19423 73588 10972 34776 13649 11837 52002 64455 44451 34163 33653
1971 I 34622 31816 30259 32051 23756 23353 19600 73404 11148 36632 13701 11697 51160 61946 44653 34586 34614 II 34818 32107 30508 32373 24492 24319 19890 73214 11430 40329 13674 12580 50996 61053 44952 34825 34822 III 35096 32364 30704 32680 24814 24779 19970 72951 11527 42316 14236 12858 50964 60796 45063 35131 35073 IV 35194 32902 31244 33193 24038 25456 20397 72760 11941 43956 13042 11986 50584 58915 45642 35555 35183
1972 I 35823 33341 31536 33761 25738 26601 21083 74662 12395 46888 14423 13738 50768 59155 45792 36049 35818 II 36672 33978 32370 34174 27313 27070 21432 75081 12680 47807 14004 13250 51083 60101 45695 36647 36658 III 37024 34502 32933 34638 27702 27368 21767 75247 12979 47918 14849 13526 50030 56860 46068 36978 37028 IV 37634 35311 33899 35257 27846 28641 22905 76445 13934 49630 15479 14135 50344 56673 46717 37838 37632
1973 I 38596 35957 34709 35712 29614 29851 23975 78942 14697 51300 16613 14788 50839 57611 46928 38667 38630 II 39043 35939 34374 36011 30998 30110 24954 81408 15378 48690 17414 14362 50536 56718 47009 38857 39094 III 38835 36068 34385 36252 29786 30022 25373 83248 15587 46624 17472 13965 49887 54311 47503 38905 38944 IV 39205 35963 34044 36389 30926 29720 25572 82482 15861 44396 18331 14069 50254 54354 48085 38950 39314
1974 I 38861 35648 33489 36334 28952 29018 25544 82018 15882 41140 18565 13592 51305 56066 48713 38902 39043 II 38961 35772 33384 36689 28809 28601 25487 81680 15862 39346 19468 14312 51651 55977 49339 38945 39116 III 38575 35919 33492 36869 27184 28097 25190 78135 15968 38050 18418 14062 51728 56258 49286 38825 38693 IV 38424 35393 32132 37241 27442 26504 24486 77186 15383 33043 18899 13922 51908 56671 49317 38261 38486
1975 I 37956 35690 32365 37588 22622 24881 22984 73213 14356 31002 19032 12526 52544 56034 50778 38560 37966 II 38246 36285 33056 38054 21836 24531 22383 70455 14074 31668 18479 11523 52140 55584 50401 38956 38256 III 38891 36802 33872 38238 23686 25144 22589 70853 14231 33873 18167 12481 53057 56970 51025 39306 38920 IV 39399 37192 34103 38776 24337 25613 22799 70901 14429 35356 19195 13147 53507 57115 51675 39770 39486
1976 I 40294 37935 35101 39229 26857 26674 23211 72812 14622 38970 19061 13971 53640 56588 52238 40320 40363 II 40597 38283 35524 39488 28002 27130 23494 72592 14919 40091 19254 14576 53052 56466 51342 40456 40679 III 40796 38688 35837 39969 28054 27414 24008 73329 15338 39437 19813 15171 52773 56306 50983 40706 40880 IV 41092 39192 36272 40522 28249 28825 24487 73558 15778 44464 20014 15673 52732 56450 50821 41275 41184
1977 I 41569 39640 36666 41005 29639 29867 25438 73307 16730 45805 19693 16415 53210 56919 51310 41662 41714 II 42395 39859 36936 41164 31930 31534 26172 76049 17144 51045 20224 16566 53763 57857 51614 42332 42525 III 43154 40239 37233 41610 33670 31942 26720 77201 17553 50884 20380 16335 53861 58191 51560 42777 43273 IV 43145 40846 38027 42010 32719 32518 27615 77757 18369 50211 19726 16567 53688 57621 51645 43126 43214
1978 I 43292 41085 37814 42681 33368 32791 27888 77607 18655 50464 20191 17679 53775 57823 51657 43181 43422 II 44995 41963 38899 43324 35659 35171 30240 85196 20112 52888 22295 17735 55227 59202 53172 44895 45036 III 45436 42139 38931 43634 36760 36182 31320 90815 20535 53623 22540 17966 55667 59411 53768 45306 45509 IV 46037 42478 39370 43862 37596 36953 32353 94614 21119 53434 23434 18213 56172 59932 54268 45888 46168
196 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1979 I 46114 42693 39340 44308 37590 37234 33057 94087 21884 52185 23454 18163 55667 60013 53375 46033 46256 II 46158 42668 39008 44584 37503 36945 32958 95449 21621 51211 23516 18261 56255 60755 53869 46031 46358 III 46489 43087 39657 44762 36773 37616 33985 99899 22115 50602 24363 17982 56337 60661 54066 46699 46794 IV 46617 43202 39489 45148 36089 37265 34070 102958 21825 48691 25896 18375 56704 60647 54683 46912 46916
1980 I 46767 43127 39289 45199 35827 36739 34444 104548 22009 44965 26619 18389 57616 62588 54936 47003 47077 II 45809 42148 37670 44894 32595 33543 32696 102253 20527 36646 27120 17054 57795 64162 54218 46081 46076 III 45724 42600 38057 45391 30110 33874 32942 102762 20716 37273 27063 15828 56998 63297 53456 46682 45956 IV 46569 43168 38490 46070 33172 35220 33635 105785 21049 40915 26899 16677 56940 63511 53223 47099 46687
1981 I 47537 43404 39043 45985 36468 35478 34177 105721 21613 40183 27407 17389 57696 64826 53623 47331 47679 II 47158 43404 38731 46289 34732 35712 34866 109705 21813 38821 27555 17416 57825 66761 52596 47425 47273 III 47731 43580 39122 46250 36888 35716 35715 112472 22329 35826 26969 17217 57694 66689 52427 47480 47871 IV 47136 43250 38423 46287 35457 35586 36574 120746 22130 32157 27094 17711 58225 67403 52844 47200 47343
1982 I 46363 43530 38808 46457 31763 34507 35709 116906 21735 30303 25919 17206 58167 67508 52680 47067 46545 II 46614 43686 38799 46762 31735 33301 34432 113096 20906 29347 26075 16925 58506 68120 52846 47047 46860 III 46434 44021 39005 47202 31365 32373 33269 106861 20524 29254 24920 17710 58906 69141 52850 46739 46590 IV 46471 44824 39792 47992 28572 32321 32600 104435 20150 31396 23779 17015 59923 71185 53217 47431 46608
1983 I 47049 45263 40000 48622 29589 33027 31990 100175 20082 36747 24163 17405 60373 72042 53408 47932 47176 II 48106 46162 41179 49243 32445 34302 32381 95420 21114 41100 24236 18743 60889 73574 53279 48611 48257 III 49055 46978 42093 49949 34626 36352 33845 97652 22342 45171 24601 20203 61946 75639 53700 49512 49208 IV 50069 47723 43084 50458 38272 38482 36037 100370 24262 47080 25097 21194 60899 72990 53667 50163 50234
1984 I 51040 48132 43667 50707 42278 39689 37212 106076 24734 48388 25622 22897 61512 73614 54281 50498 51157 II 51921 48820 44641 51134 43704 41321 39062 111401 25957 49283 26259 23857 62838 75924 54984 51424 52034 III 52426 49197 44669 51801 44720 42202 40349 114917 26832 48810 26839 24474 63302 75634 55942 51898 52530 IV 52853 49845 45367 52391 43986 42960 41322 116107 27691 48861 27384 25191 64659 78144 56569 52655 52898
1985 I 53351 50690 46067 53338 42536 43292 41802 121028 27531 48709 27403 24635 65400 78977 57256 53547 53301 II 53803 51152 46488 53822 43270 43836 42397 120962 28166 49098 27304 25846 66867 80904 58439 53955 53773 III 54644 52124 47727 54546 42792 43483 41749 118457 27824 49722 26904 25596 68603 83617 59565 54831 54541 IV 55058 52238 47442 54985 44465 44304 42465 119932 28376 50904 27714 26599 69013 83585 60258 55056 54988
1986 I 55587 52674 48163 55175 44373 44368 41882 116932 28169 53080 28590 26575 69759 83141 61759 55622 55470 II 55811 53235 49019 55487 43389 44262 40834 105913 28574 56026 28901 27707 71242 85792 62514 56042 55605 III 56349 54166 50538 55935 42028 44013 40236 102136 28461 56889 29562 28475 72854 89039 63114 56831 56166 IV 56621 54492 50506 56538 42094 44306 40650 102760 28813 56787 30663 28694 72436 87657 63290 57153 56356
1987 I 56935 54409 49473 57205 43380 43428 39532 100357 27965 56637 30686 28522 72732 88179 63449 57000 56689 II 57540 55138 50421 57748 43440 44205 40479 101537 28804 56886 31904 29234 73192 89403 63446 57760 57338 III 58040 55753 51179 58240 43484 45146 41783 105766 29599 56714 33279 29802 73194 89498 63393 58450 57827 IV 59033 55887 50721 58835 46875 45140 41686 107774 29213 56992 34509 30487 74080 90829 64012 58713 58834
1988 I 59338 56820 51918 59545 44234 45081 42007 103705 30124 55759 36421 30345 73721 88361 64922 59581 59200 II 60100 57233 52188 60060 45310 45963 43039 105858 30919 56201 37429 29996 73914 87461 65773 60299 59929 III 60410 57684 52178 60858 45601 46140 43265 104428 31364 56236 38123 30704 73871 86806 66099 60586 60209 IV 61217 58364 53005 61412 46205 46603 43721 104166 31890 56730 39287 31640 75372 89413 66939 61364 61035
1989 I 61792 58578 53079 61728 47975 47067 44460 105845 32442 56358 40442 31786 74909 87583 67290 61660 61600 II 62254 58840 53378 61958 47415 47131 45092 104650 33297 54689 42202 31937 76069 89554 67965 62259 62048 III 62748 59450 54147 62437 46858 47951 46384 108318 34153 54093 42664 31893 76786 90416 68595 63043 62560 IV 62885 59741 53967 63081 46377 47162 45700 107653 33513 52957 43335 32471 77194 89962 69512 63122 62761
1990 I 63542 60214 54691 63356 46833 47748 46307 110021 33819 53496 45229 33500 78385 91312 70609 63807 63391 II 63794 60412 54105 64146 46846 46644 45507 109482 33032 51438 45843 33444 78501 91421 70730 63834 63652 III 63793 60642 53978 64639 45744 46140 45797 109081 33405 48516 46178 33310 78478 90605 71172 63960 63597 IV 63234 60170 53127 64461 42851 44826 44922 104163 33190 45828 46565 32416 79257 91401 71939 63733 63287
1991 I 62928 59998 52671 64505 41106 43291 43763 101920 32266 43102 46899 32047 79579 92110 72031 63478 62851 II 63353 60456 52966 65076 40900 43226 43343 99143 32224 44120 48587 32617 79857 92371 72317 63935 63155 III 63620 60687 53285 65237 41918 43370 42933 92709 32744 45949 49700 33535 79478 90650 72733 64023 63385 IV 63869 60659 52695 65624 43523 43452 42707 90827 32781 46957 50833 34275 79144 88871 73258 63965 63713
1992 I 64570 61703 53888 66542 42555 43902 42515 89684 32744 49352 51739 34525 79745 88899 74201 64953 64404 II 65256 62068 54163 66969 45358 45628 44201 89690 34575 51240 51741 35092 79651 88810 74106 65418 65080 III 65930 62755 54755 67714 45827 46321 45094 90466 35430 51358 52865 35646 80060 89824 74153 66137 65715 IV 66623 63520 55480 68499 47277 47764 46451 91574 36743 53102 53135 36499 80083 89870 74165 66825 66413
1993 I 66746 63778 55695 68783 48388 48042 46746 89242 37427 53344 53255 37289 79239 87106 74467 66781 66610 II 67173 64390 56587 69188 48768 49117 47990 89101 38816 53972 53907 38060 79180 85876 75107 67341 66965 III 67526 65089 57172 69960 48734 49988 48525 89531 39338 55835 53731 38561 79101 84970 75523 67869 67374 IV 68418 65668 57900 70427 51306 52208 50562 91200 41324 58647 55450 40110 79491 85415 75880 68682 68105
197 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1994 I 69084 66399 58881 70976 53519 52902 51065 87474 42484 59891 55981 41045 78480 82358 76093 69050 68835 II 70029 66892 59404 71441 56639 54174 52097 92472 42818 61875 57827 42574 78810 81893 76899 69631 69732 III 70480 67427 59956 71961 55621 54712 53073 92365 43922 61199 60036 43772 80192 84140 77761 70386 70156 IV 71263 68093 61103 72286 58214 56210 55424 93307 46393 60397 61365 45003 79500 81830 78034 70951 70928
1995 I 71438 68172 60799 72630 58805 57493 57689 95652 48538 59055 62493 45990 79816 81630 78659 71254 71195 II 71591 68731 61209 73287 57224 57275 58089 97565 48660 57157 63354 46427 80083 81307 79279 71675 71373 III 72193 69346 61950 73809 56673 58031 58479 98275 48977 58924 66110 46587 79907 80754 79329 72529 71833 IV 72696 69833 62535 74226 58269 59241 59655 97447 50456 60261 67064 47182 79013 77722 79720 72952 72441
1996 I 73194 70472 63036 74953 59036 60738 61136 99185 51830 61845 67909 48716 79519 79341 79556 73582 72995 II 74460 71269 64265 75451 62094 62713 62893 101358 53442 64457 69047 49806 80661 80472 80706 74636 74167 III 75107 71696 64722 75854 65225 64164 64986 102607 55606 64280 69606 51421 80583 79053 81434 74962 74778 IV 75927 72280 65507 76301 65048 65236 66744 107828 56653 63615 73969 52436 81266 78825 82662 76014 75640
1997 I 76511 73008 66391 76921 66567 66510 68447 108777 58432 63831 75378 54675 81411 77764 83534 76548 76139 II 77646 73304 66340 77443 70817 67943 70146 107813 60580 64638 78363 56511 82116 79142 83832 77157 77338 III 78620 74550 68075 78364 72076 70560 73722 111880 63946 64935 80184 58593 82208 78884 84135 78375 78232 IV 79223 75403 69005 79162 73227 71166 74315 112649 64486 65601 80038 59858 82344 78776 84419 78879 78772
1998 I 79972 76153 69541 80042 76723 73308 76885 111433 67764 66771 80415 62103 81849 76319 85101 79375 79596 II 80691 77463 71369 81018 75805 75863 79699 117435 69840 68778 79488 63526 83628 78419 86686 80716 80286 III 81756 78491 72458 82003 77977 77307 80900 117481 71257 70842 79119 64382 84402 77767 88313 81647 81222 IV 83171 79694 74671 82574 80485 79670 83570 117294 74486 72538 82103 66465 85157 78529 89063 83032 82643
1999 I 83912 80480 75597 83271 83019 81148 85509 116811 76910 72969 81472 68158 85593 78010 90065 83578 83482 II 84568 81747 77386 84213 82729 83047 87906 115395 80111 73755 82409 70330 85950 78009 90636 84619 84178 III 85643 82729 78318 85224 84805 84979 90432 115306 83187 74367 84570 72881 87061 79646 91435 85664 85217 IV 87181 83896 79680 86269 87814 85457 90714 116684 83219 75278 86689 74629 88438 81416 92579 86758 86836
2000 I 87409 85169 80896 87574 86586 87955 94085 118937 86812 75867 88184 77656 87714 78194 93332 87633 87021 II 89114 85969 81340 88591 92581 90167 97556 123869 89896 75349 90688 80023 88884 81324 93347 88669 88743 III 89189 86811 82208 89413 91135 90487 98638 128533 90113 74027 92900 82818 88604 79747 93827 89054 88779 IV 89717 87579 82942 90197 91181 90764 99027 129064 90460 74091 92168 82757 88874 79379 94470 89625 89518
2001 I 89422 87928 83159 90621 86364 90227 98096 125506 90180 74430 90960 81550 90188 81069 95564 90079 89102 II 90009 88260 83398 91006 86084 88816 95517 125954 86853 75477 87991 79121 92061 82805 97518 90477 89755 III 89760 88648 84025 91251 84259 87875 93924 126665 84670 75885 83462 77205 91893 83361 96931 90385 89310 IV 90074 90036 87088 91657 79386 85649 90921 114639 84048 75240 81109 76285 93525 84368 98931 91169 90163
2002 I 90844 90347 86914 92251 82028 84863 88755 108414 82967 77249 82405 78196 94958 86376 100030 91352 90591 II 91327 90806 87328 92738 83018 84535 87330 102546 82740 79143 84641 80837 95870 88372 100302 91611 90915 III 91790 91422 88451 93063 83230 84429 86944 97994 83495 79604 85231 82170 96646 89772 100711 92022 91499 IV 91821 91746 88701 93428 83242 83820 85419 96553 81954 80820 84363 83647 97293 91289 100848 91950 91679
2003 I 92204 92210 89300 93811 83343 83937 85193 95591 81943 81601 83584 82638 97091 91315 100511 92337 91940 II 92986 93123 90947 94312 83865 86121 87543 98449 84144 83454 83313 83817 98534 95718 100201 93396 92830 III 94516 94377 93368 94921 86932 88919 89572 98237 86818 87708 85575 84803 98824 95812 100608 94875 94345 IV 95371 94890 93945 95399 90222 90584 90851 97780 88603 90085 89585 87966 98895 96511 100310 95451 95408
2004 I 95999 95730 94926 96164 90693 90405 90128 97210 87837 90898 91717 90207 99366 97749 100325 95972 96178 II 96617 96155 95138 96707 94634 93193 92565 98337 90666 94318 93154 93828 99730 98304 100575 96384 96580 III 97336 96996 96303 97372 95849 95158 95089 99325 93663 95274 93845 95199 100094 100010 100140 97226 97379 IV 98133 98044 97584 98293 97820 96765 97178 99414 96385 96030 95993 97613 99482 98778 99895 97957 97960
2005 I 99145 98825 98656 98917 99893 97949 98055 101195 96951 97776 97786 98181 99577 99190 99806 98816 99240 II 99586 99803 100017 99689 98113 99692 99498 100812 99015 100050 99885 99265 99685 99286 99922 99858 99588 III 100377 100561 100786 100439 99207 100977 100921 98696 101699 101075 99909 99876 100590 101608 99995 100680 100446 IV 100892 100811 100541 100955 102787 101381 101526 99297 102334 101099 102420 102677 100147 99915 100277 100646 100726
2006 I 102166 101843 102277 101612 104330 103749 105886 103696 106721 100024 106411 104622 101147 102763 100205 102059 102001 II 102581 102457 102633 102362 104183 103277 107797 109068 107314 95488 108200 105792 101232 101887 100851 102420 102370 III 102594 103071 103502 102841 102714 101952 108938 111771 107855 89974 108360 107058 101386 101792 101149 102464 102276 IV 103292 104030 104875 103582 99741 100520 109488 112185 108471 85182 112904 106924 101670 102066 101437 103438 103044
2007 I 103432 104608 105555 104107 98750 100223 111223 115080 109728 81458 114672 108480 101552 100828 101960 103700 103164 II 104362 105010 106055 104457 100953 101096 114118 122401 110781 78890 116571 109019 102401 102582 102288 104399 104153 III 105125 105472 106845 104750 100184 100749 116631 129246 111475 73635 120910 109282 103292 104950 102334 105240 105391 IV 105569 105783 107121 105081 97759 99491 118185 131584 112690 67531 124281 107828 103606 105236 102661 105894 106218
2008 I 105101 105515 105599 105465 94633 97363 117944 131860 112220 62104 125966 108203 104391 107703 102501 105606 105595 II 105447 105478 105719 105344 93176 96078 117269 134869 109945 59721 129793 107511 104838 108996 102473 105988 105947 III 104468 104458 103615 104884 89061 92989 114238 133594 106148 56484 128631 105698 105941 112058 102490 105190 105089 IV 102064 103096 100171 104576 80314 86480 107050 130057 97330 51072 121112 101518 106356 114518 101776 103181 102137
2009 I 100697 102681 100211 103924 69786 79032 98291 118743 89688 45843 111295 91526 106825 113639 102992 102365 100781 II 100618 102224 99684 103494 64480 75092 93667 108062 87704 43058 111460 87652 109307 117333 104794 102521 100681 III 100980 102757 101506 103385 64208 74501 91786 99980 88474 44799 115116 91196 110312 119129 105359 102826 101378 IV 101981 102747 101389 103429 70022 73352 90285 91848 89777 44257 121467 95312 110602 120352 105128 102682 102472
2010 I 102572 103377 102691 103729 73259 73180 90749 86033 92913 42934 123231 97689 109727 120535 103665 102718 103159 II 103142 104042 103531 104310 75792 75696 93411 88731 95582 45223 126079 102286 110498 123355 103292 103280 103902 III 103807 104685 104499 104795 78722 75515 95162 88245 98309 41570 129030 105672 110416 124468 102544 103440 104567 IV 104423 105736 106495 105380 77535 76913 97269 90222 100486 41720 132151 105680 109179 123172 101342 104475 105142
2011 I 104443 106559 107915 105903 76492 76660 96954 83055 103161 41577 134004 106787 107210 119864 100117 104624 105300 II 105084 106812 107655 106412 78778 78942 100297 89561 105120 41994 135352 106816 106985 120681 99317 105258 106022 III 105418 107251 108021 106886 79906 81835 104746 93866 109637 42139 137379 108037 106189 119351 98818 105871 106404 IV 106481 107790 109462 106970 85959 83807 107156 96449 111972 43361 137871 109345 105604 118024 98643 106271 107490
2012 I 106999 108443 110722 107318 87241 85785 109108 99421 113460 45433 139356 110179 104804 116751 98103 106897 107655 II 107408 108843 110922 107817 89029 87074 110536 99638 115439 46502 141176 111785 104425 116647 97574 107222
198 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1929 10593 10517 16312 7786 11298 15049 4650 24602 5275 15659 11318 6389 6924 4809 10362 10580 10614 10601 1930 10184 10073 15445 7563 10836 14344 4402 23616 5161 14177 9651 6192 6617 4675 9935 10172 10226 10213 ndash39 ndash41 ndash39 1931 9172 8995 13318 7031 10022 13354 4027 22385 4672 11155 7799 5880 6566 4395 8960 9162 9169 9159 ndash99 ndash98 ndash99 1932 8129 7934 11477 6352 8854 12089 3495 21113 3808 9675 6252 5352 6253 3956 7918 8120 8097 8088 ndash114 ndash116 ndash114 1933 7916 7652 11384 5953 8709 11882 3531 20284 3756 9674 5992 5511 6321 4096 7700 7908 7880 7872 ndash26 ndash28 ndash26 1934 8303 7999 12506 5876 9145 12297 3543 21428 4169 11218 6807 5929 6755 4420 8068 8296 8313 8306 49 48 49 1935 8468 8194 12834 6006 9188 12424 3708 21239 4109 11503 6920 5979 6834 4451 8226 8461 8482 8475 20 20 20 1936 8561 8268 12883 6103 9279 12404 3702 21206 4310 11891 7404 6159 7463 4432 8328 8553 8573 8565 11 12 11 1937 8876 8570 13347 6330 10084 13443 4206 22419 4728 12681 8263 6290 7584 4541 8651 8866 8944 8934 37 39 37 1938 8708 8376 12808 6336 10221 13548 4126 22959 4877 12095 7636 6303 7713 4505 8478 8697 8684 8673 ndash19 ndash20 ndash19 1939 8599 8295 12616 6319 10166 13404 4081 22717 4910 11932 8014 6201 7568 4441 8389 8586 8599 8586 ndash13 ndash10 ndash13 1940 8674 8365 12728 6369 10423 13712 4147 23325 5057 12942 8549 6129 7270 4480 8450 8661 8700 8687 09 07 09 1941 9239 8883 13770 6594 11193 14614 4438 24809 5524 14130 9029 6507 7651 4781 8988 9226 9285 9271 65 64 65 1942 10000 9989 16045 7059 12272 16154 4951 27285 5935 17073 10342 6539 7506 5284 9709 9984 10014 9998 82 80 82 1943 10562 10907 17888 7500 12808 16675 5381 27428 6424 18676 11132 6645 7577 5675 10253 10544 10556 10537 56 56 56 1944 10815 11534 19078 7845 13239 17011 5500 27955 7048 21035 11693 6559 7444 5895 10486 10795 10807 10787 24 23 24 1945 11091 11995 19950 8101 13658 17446 5744 28427 7524 20862 12021 6633 7512 6090 10764 11072 11093 11074 26 27 26 1946 12369 12831 21473 8593 15061 19298 6433 31118 8169 20164 13403 8213 9584 6654 12081 12353 12410 12394 115 122 116 1947 13743 14132 24057 9220 17688 22449 7798 35253 9784 23413 16058 8875 10168 7466 13414 13727 13755 13739 111 110 111 1948 14522 14932 25478 9706 19198 24383 8675 37794 10606 24661 17451 9218 10074 8346 14192 14506 14526 14510 57 58 57 1949 14515 14818 24887 9872 19572 24948 8645 39253 10747 23190 16633 9482 10503 8418 14210 14497 14499 14481 00 01 ndash01 1950 14628 14996 24968 10125 20006 25459 8753 40238 11012 22583 17667 9488 10442 8494 14373 14610 14656 14638 08 11 08 1951 15635 16016 26981 10624 21733 27902 9761 43656 11801 25515 21353 10118 10898 9365 15402 15614 15712 15690 69 72 69 1952 15976 16345 27241 11012 22264 28534 10021 44539 12125 25670 20580 10321 11005 9768 15709 15954 15982 15960 22 20 22 1953 16178 16563 27117 11440 22449 28790 10217 44647 12212 25598 19696 10429 11080 9958 15881 16157 16174 16153 13 11 13 1954 16342 16704 27016 11728 22619 29066 10093 45718 12261 25250 19965 10650 11337 10123 16059 16321 16322 16301 10 11 10 1955 16576 16772 26857 11930 22989 29462 10295 46151 12516 25466 19858 11093 11947 10320 16280 16557 16601 16582 14 14 14 1956 17148 17108 27314 12217 24341 31782 11176 49581 12835 26318 20208 11716 12562 10981 16831 17128 17170 17150 35 34 34 1957 17749 17628 28168 12574 25187 33406 11655 52392 12868 27316 20438 12234 13125 11456 17400 17727 17741 17720 35 34 35 1958 18157 18043 28809 12882 25249 33570 11468 53415 12836 27039 19589 12602 13663 11608 17779 18136 18139 18118 23 22 23 1959 18363 18314 28957 13229 25488 34011 11530 54395 12875 27094 19766 12653 13564 11851 17987 18344 18355 18336 11 12 11 1960 18620 18615 29184 13580 25624 34165 11516 54845 12962 27474 19955 12809 13677 12066 18235 18601 18612 18592 14 14 14 1961 18830 18810 29294 13826 25543 33970 11446 54544 12983 27892 19955 13065 13908 12357 18428 18811 18821 18802 11 11 11 1962 19087 19032 29444 14089 25559 33975 11537 54274 13003 27961 19720 13398 14202 12743 18670 19069 19078 19060 14 13 14 1963 19290 19254 29689 14305 25485 33971 11636 53975 12901 27898 20102 13690 14506 13028 18887 19273 19281 19264 11 12 11 1964 19589 19536 30013 14572 25640 34142 11801 53952 13003 28128 20526 14070 14995 13293 19191 19572 19580 19563 16 16 16 1965 19945 19819 30328 14845 26077 34532 12143 54001 13372 29023 20812 14444 15379 13662 19524 19929 19936 19920 18 17 18 1966 20511 20322 30996 15276 26626 35047 12580 54144 13857 29900 21297 15044 15914 14334 20071 20495 20502 20486 28 28 28 1967 21142 20834 31542 15785 27372 35939 12973 55344 14339 31045 21379 15671 16386 15137 20654 21126 21133 21116 31 29 31 1968 22040 21645 32642 16467 28472 37203 13621 56831 15100 31723 21704 16520 17287 15945 21526 22024 22031 22015 42 42 43 1969 23130 22626 33907 17324 29877 38740 14518 58411 16144 32796 22270 17517 18226 17013 22582 23112 23119 23101 49 49 49 1970 24349 23685 35200 18285 31162 40571 15473 60560 16666 34053 23587 18945 19699 18411 23798 24331 24338 24320 53 54 53 1971 25567 24692 36258 19284 32731 42479 16664 62360 17632 35310 25035 20421 21383 19720 25021 25549 25554 25537 50 51 50 1972 26670 25536 37186 20102 34135 43914 17863 63112 18703 36956 26789 21989 23471 20896 26134 26652 26657 26639 43 44 43 1973 28148 26913 39404 21077 36020 45605 19247 64184 20359 41816 31446 23594 25080 22495 27647 28134 28136 28121 55 58 56 1974 30695 29716 44322 22866 39568 50008 21910 68917 22460 51517 44989 25977 27315 24970 30484 30674 30690 30669 90 103 90 1975 33606 32198 47903 24834 44525 56893 24534 79100 24547 56781 48734 28586 30158 27410 33328 33584 33591 33570 95 93 95 1976 35535 33966 49777 26556 47106 60048 25741 83754 26124 58645 50201 30469 32302 29114 35238 35518 35519 35502 57 57 58 1977 37796 36171 52435 28558 50803 64157 27973 88730 28759 61033 54624 32583 34742 31005 37617 37780 37783 37767 64 68 64 1978 40447 38705 55653 30777 55094 68453 30675 93412 32281 64752 58482 34670 36888 33042 40286 40432 40435 40419 70 71 70 1979 43811 42137 60916 33350 60088 74013 34238 99335 35902 72545 68483 37575 39727 35976 43833 43795 43798 43782 83 88 83 1980 47817 46663 67737 36802 65710 80541 37421 107819 39789 79903 85301 41669 43900 40002 48448 47794 47791 47769 91 105 91 1981 52326 50833 72769 40555 71816 88316 42567 115524 43036 85810 89886 45768 48165 43975 52909 52306 52270 52251 94 92 94 1982 55514 53640 74753 43709 75747 93181 45927 120030 45340 86204 86855 48775 51434 46786 55906 55493 55459 55438 61 57 61 1983 57705 55948 76102 46429 75628 92350 44757 120284 46380 86544 83601 50717 53218 48857 57865 57687 57652 57635 39 35 40 1984 59874 58065 77541 48846 76070 92127 45147 119234 47713 87347 82879 53319 56358 51034 59904 59856 59817 59800 38 35 38 1985 61686 59965 78785 51049 77028 92850 46219 119090 48944 84674 80157 54974 57635 53002 61605 61672 61628 61614 30 28 30 1986 63057 61427 78417 53375 78870 94427 47106 120976 50994 83406 80154 55977 57938 54577 63000 63039 62991 62973 22 23 22 1987 64818 63618 80939 55409 80332 95275 47863 121637 53079 85516 85008 57541 58642 56849 64978 64803 64819 64804 28 31 28 1988 67047 66151 83072 58123 82415 97392 49895 123155 54913 89945 89074 59074 59884 58621 67215 67032 67046 67031 34 34 34 1989 69579 69025 86268 60840 84410 99435 51848 124695 56680 91443 91021 60924 61504 60654 69765 69572 69577 69570 38 38 38 1990 72274 72180 89801 63808 86125 101339 53522 126310 58011 92063 93630 63405 63548 63474 72601 72272 72262 72260 39 41 39 1991 74826 74789 91996 66581 87404 102906 54491 128112 58771 93283 92848 65606 66070 65443 74980 74821 74824 74819 35 33 35 1992 76602 76989 93106 69236 87152 102048 54502 126605 59486 92904 92922 67276 68101 66856 76788 76590 76598 76586 24 24 24 1993 78288 78679 93915 71294 88163 102100 56103 125322 61890 92879 92210 68949 69830 68494 78404 78289 78290 78291 22 21 22 1994 79935 80302 94870 73200 89352 102592 58089 124604 64069 93914 93075 70819 71725 70351 80029 79937 79940 79942 21 21 21
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
186 GDP and Other Major NIPA Series August 2012
Table 1 Gross Domestic ProductmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Net exports of
goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Percent change from preceding
period
Total Goods Services Total
Fixed investment
Change in
private invenshytories
Net Exports Imports Total Federal State and local
Gross domestic product
Final sales of
domestic product Total
Nonresidential
Resishydential Total Strucshy
tures
Equipshyment and
software
1976 I 17719 11134 5307 5826 2748 2601 1839 641 1198 762 147 47 1436 1389 3791 1563 2228 17572 17877 142 106 II 18042 11330 5390 5941 2916 2691 1885 651 1234 807 224 ndash05 1466 1471 3801 1578 2223 17818 18209 75 57 III 18377 11624 5505 6120 2965 2757 1951 667 1284 806 208 ndash41 1518 1558 3828 1598 2230 18169 18548 76 81 IV 18845 11962 5651 6311 3049 2944 2019 678 1341 925 105 ndash66 1561 1627 3900 1648 2252 18740 19024 106 132
1977 I 19385 12317 5804 6513 3266 3118 2142 697 1445 976 148 ndash211 1554 1764 4013 1698 2315 19237 19593 120 110 II 20052 12597 5929 6667 3549 3354 2238 736 1501 1117 195 ndash211 1619 1830 4118 1748 2370 19858 20260 145 135 III 20660 12909 6039 6870 3784 3475 2325 764 1561 1150 309 ndash206 1623 1829 4173 1765 2408 20351 20869 127 103 IV 21108 13291 6243 7048 3855 3614 2445 785 1659 1169 241 ndash296 1578 1874 4258 1805 2453 20867 21296 90 105
1978 I 21491 13591 6292 7298 3968 3713 2504 800 1703 1210 255 ndash387 1646 2033 4319 1829 2490 21236 21712 74 73 II 22747 14167 6610 7557 4309 4066 2760 903 1858 1306 243 ndash226 1862 2088 4497 1892 2606 22505 22935 255 261 III 23352 14477 6724 7754 4514 4264 2906 986 1920 1358 250 ndash238 1913 2151 4599 1924 2674 23103 23561 111 111 IV 24160 14870 6917 7953 4728 4443 3053 1055 1998 1390 285 ndash164 2054 2218 4727 1991 2736 23876 24406 146 141
1979 I 24633 15226 7079 8147 4811 4573 3188 1079 2109 1385 239 ndash182 2117 2298 4778 2022 2755 24395 24890 81 90 II 25264 15632 7222 8410 4930 4656 3249 1128 2121 1406 274 ndash222 2209 2431 4925 2079 2846 24990 25559 107 101 III 25997 16177 7533 8644 4979 4857 3423 1218 2205 1435 121 ndash230 2343 2573 5072 2117 2955 25876 26358 121 149 IV 26594 16612 7684 8928 4995 4910 3496 1283 2213 1414 86 ndash268 2537 2805 5255 2204 3050 26508 26959 95 101
1980 I 27241 17080 7920 9160 5052 4953 3613 1326 2288 1340 99 ndash358 2685 3043 5467 2316 3151 27142 27621 101 99 II 27280 17100 7778 9322 4704 4627 3509 1323 2186 1117 78 ndash152 2774 2926 5627 2430 3198 27203 27638 06 09 III 27852 17687 8019 9669 4435 4773 3611 1358 2253 1163 ndash339 55 2847 2792 5675 2436 3240 28190 28196 86 153 IV 29153 18366 8275 10091 4979 5070 3762 1441 2322 1308 ndash91 ndash67 2925 2992 5875 2567 3307 29244 29438 200 158
1981 I 30514 18924 8601 10323 5631 5244 3931 1500 2430 1313 388 ndash143 3055 3197 6101 2665 3436 30126 30828 200 126 II 30843 19240 8638 10602 5514 5397 4108 1610 2498 1289 117 ndash135 3084 3220 6224 2787 3438 30726 31143 44 82 III 31770 19634 8811 10824 5928 5488 4284 1697 2586 1204 440 ndash76 3023 3099 6284 2814 3470 31331 32097 126 81 IV 31947 19782 8725 11057 5822 5574 4478 1885 2593 1096 248 ndash148 3047 3194 6490 2941 3548 31699 32323 22 48
1982 I 31849 20162 8863 11299 5265 5480 4432 1866 2566 1048 ndash215 ndash163 2932 3095 6585 2987 3599 32064 32209 ndash12 47 II 32409 20427 8879 11547 5308 5350 4320 1825 2496 1029 ndash42 ndash44 2947 2991 6719 3051 3668 32451 32819 72 49 III 32744 20907 9018 11889 5287 5229 4194 1729 2465 1035 58 ndash297 2796 3093 6847 3123 3724 32686 33094 42 29 IV 33125 21524 9211 12313 4829 5228 4112 1683 2430 1115 ndash398 ndash296 2653 2949 7067 3270 3797 33523 33466 47 107
1983 I 33810 21922 9259 12663 4966 5317 4005 1586 2419 1312 ndash351 ndash246 2707 2953 7167 3328 3839 34160 34150 85 78 II 34822 22564 9626 12937 5422 5499 4029 1495 2534 1470 ndash77 ndash454 2725 3180 7291 3421 3870 34899 35190 125 89 III 35871 23265 9908 13357 5777 5819 4195 1526 2668 1624 ndash42 ndash652 2782 3434 7481 3541 3940 35913 36250 126 121 IV 36881 23792 10158 13634 6407 6168 4460 1566 2893 1708 239 ndash714 2866 3580 7397 3424 3973 36642 37278 118 84
1984 I 38074 24255 10379 13876 7097 6367 4601 1657 2943 1766 730 ndash950 2930 3880 7672 3592 4080 37344 38444 136 79 II 39063 24841 10636 14205 7351 6658 4844 1758 3086 1814 693 ndash1043 3022 4065 7914 3739 4174 38370 39438 108 114 III 39760 25228 10666 14561 7535 6821 5007 1825 3182 1814 713 ndash1039 3057 4096 8036 3752 4284 39046 40133 73 72 IV 40340 25720 10866 14853 7443 6963 5133 1855 3278 1830 480 ndash1078 3086 4164 8255 3888 4367 39860 40672 60 86
1985 I 41172 26434 11104 15330 7200 7038 5205 1949 3256 1833 162 ndash919 3054 3973 8456 3980 4476 41010 41435 85 120 II 41757 26874 11260 15614 7353 7137 5285 1952 3333 1851 216 ndash1154 3031 4186 8684 4076 4607 41540 42043 58 53 III 42583 27559 11569 15989 7272 7109 5222 1922 3299 1888 163 ndash1186 2956 4142 8939 4207 4732 42420 42825 82 87 IV 43187 27837 11571 16266 7622 7291 5336 1958 3378 1955 331 ndash1349 3040 4389 9077 4246 4830 42856 43458 58 42
1986 I 43824 28272 11709 16564 7638 7335 5272 1917 3355 2063 303 ndash1274 3120 4394 9188 4213 4975 43521 44060 60 64 II 44232 28592 11747 16844 7530 7373 5175 1745 3430 2198 157 ndash1298 3142 4440 9409 4347 5062 44076 44397 38 52 III 44913 29306 12167 17139 7325 7395 5135 1690 3444 2261 ndash70 ndash1393 3202 4594 9674 4519 5155 44983 45098 63 85 IV 45433 29699 12201 17498 7367 7495 5212 1709 3503 2283 ndash127 ndash1336 3350 4686 9702 4458 5244 45560 45553 47 52
1987 I 46111 30048 12159 17889 7650 7370 5068 1669 3399 2301 280 ndash1410 3367 4777 9824 4516 5309 45831 46252 61 24 II 46867 30719 12514 18205 7676 7511 5182 1696 3486 2329 165 ndash1473 3550 5023 9946 4586 5360 46702 47052 67 78 III 47645 31383 12812 18571 7695 7685 5342 1776 3567 2342 10 ndash1457 3716 5173 10025 4605 5420 47635 47825 68 82 IV 48831 31730 12767 18962 8378 7747 5372 1827 3545 2375 631 ndash1457 3918 5375 10181 4675 5506 48200 49031 103 48
1988 I 49486 32535 13088 19447 7976 7806 5462 1786 3676 2344 170 ndash1244 4184 5427 10219 4601 5618 49316 49740 55 96 II 50593 33130 13268 19863 8204 8007 5623 1842 3782 2384 197 ndash1072 4389 5461 10330 4590 5740 50396 50826 92 90 III 51428 33804 13412 20392 8257 8075 5675 1835 3840 2400 182 ndash1002 4527 5528 10369 4561 5808 51246 51639 68 69 IV 52510 34533 13725 20808 8426 8235 5791 1849 3942 2444 191 ndash1087 4656 5743 10638 4711 5927 52319 52747 87 86
1989 I 53603 35077 13890 21187 8841 8359 5913 1895 4018 2446 482 ndash1021 4840 5862 10707 4693 6014 53122 53839 86 63 II 54536 35700 14211 21489 8782 8421 6019 1896 4123 2402 360 ndash895 5058 5954 10950 4814 6136 54175 54766 71 82 III 55329 36268 14419 21848 8703 8604 6219 1977 4242 2384 100 ndash763 5082 5844 11121 4890 6232 55230 55584 59 80 IV 55817 36735 14432 22303 8673 8506 6158 1981 4178 2348 166 ndash836 5145 5982 11246 4861 6385 55651 56134 36 31
1990 I 57081 37587 14896 22692 8800 8661 6269 2041 4227 2392 139 ndash892 5376 6268 11586 5008 6578 56942 57383 94 96 II 57974 38118 14793 23326 8825 8488 6179 2046 4133 2309 337 ndash684 5464 6148 11714 5060 6654 57637 58285 64 50 III 58506 38752 14967 23785 8668 8449 6261 2055 4206 2188 219 ndash744 5557 6301 11830 5050 6780 58288 58772 37 46 IV 58460 38960 14997 23963 8146 8259 6189 1974 4215 2070 ndash113 ndash785 5688 6473 12138 5182 6956 58573 58958 ndash03 20
1991 I 58802 39097 14858 24239 7879 8034 6082 1949 4133 1952 ndash155 ndash456 5747 6203 12281 5292 6989 58957 59181 24 26 II 59620 39633 14970 24663 7841 8021 6014 1899 4115 2007 ndash180 ndash216 5923 6139 12362 5317 7045 59800 59889 57 58 III 60337 40087 15087 25000 8053 8044 5941 1775 4166 2103 08 ndash195 6022 6217 12392 5260 7132 60328 60572 49 36 IV 60925 40386 14982 25404 8343 8032 5890 1722 4169 2142 311 ndash212 6171 6383 12408 5192 7215 60614 61238 40 19
1992 I 61907 41401 15338 26063 8102 8100 5856 1699 4157 2244 02 ndash185 6273 6458 12588 5257 7331 61905 62214 66 88 II 62952 41935 15482 26453 8654 8422 6071 1706 4365 2351 232 ndash311 6279 6590 12673 5289 7384 62720 63255 69 54 III 63897 42677 15731 26945 8768 8563 6190 1730 4460 2373 205 ndash365 6414 6779 12817 5386 7431 63692 64168 61 63 IV 64936 43462 15979 27484 9067 8853 6367 1767 4600 2486 214 ndash453 6432 6885 12860 5384 7477 64722 65221 67 66
1993 I 65445 43849 16070 27779 9313 8954 6428 1737 4691 2526 359 ndash543 6450 6993 12826 5268 7558 65086 65811 32 23 II 66227 44521 16342 28179 9423 9182 6603 1751 4852 2579 241 ndash620 6543 7163 12903 5229 7674 65986 66530 49 57 III 66883 45163 16492 28671 9434 9368 6675 1775 4900 2693 66 ndash679 6514 7193 12966 5224 7742 66817 67248 40 51 IV 68138 45811 16791 29020 9964 9798 6957 1824 5133 2841 166 ndash734 6717 7450 13097 5279 7819 67972 68352 77 71
August 2012 SURVEY OF CURRENT BUSINESS 187
Table 1 Gross Domestic ProductmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Net exports of
goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Percent change from preceding
period
Gross domestic product
Final sales of
domestic product
Total Goods Services Total
Fixed investment
Change in
private invenshytories
Net Exports Imports Total Federal State and local Total
Nonresidential
Resishydential Total Strucshy
tures
Equipshyment and
software
1994 I 69163 46504 17057 29447 10436 9983 7048 1762 5286 2935 453 ndash807 6812 7618 13029 5120 7910 68710 69446 62 44 II 70443 47098 17268 29830 11069 10255 7205 1874 5331 3050 814 ndash913 7063 7976 13188 5150 8037 69629 70687 76 55 III 71318 47863 17589 30274 10929 10397 7347 1894 5453 3049 532 ndash967 7371 8338 13493 5291 8202 70786 71538 51 68 IV 72482 48567 17948 30618 11457 10705 7656 1941 5716 3049 752 ndash1023 7583 8606 13481 5182 8299 71730 72698 67 54
1995 I 73077 48887 17881 31006 11606 10995 7977 2014 5963 3018 611 ndash1062 7807 8869 13646 5231 8415 72465 73392 33 42 II 73558 49575 18039 31536 11327 10989 8055 2067 5987 2935 337 ndash1106 7977 9083 13763 5217 8546 73221 73903 27 42 III 74525 50229 18262 31967 11262 11149 8112 2105 6006 3038 113 ndash754 8305 9058 13788 5201 8587 74412 74731 54 67 IV 75425 50801 18439 32362 11567 11382 8258 2105 6154 3124 185 ndash706 8386 9092 13764 5102 8662 75241 75746 49 45
1996 I 76382 51565 18710 32855 11700 11632 8414 2144 6270 3218 69 ndash891 8476 9367 14007 5279 8728 76313 76766 52 58 II 78000 52488 19159 33329 12278 11974 8605 2199 6406 3369 305 ndash938 8590 9528 14171 5309 8862 77695 78299 87 74 III 78927 53044 19259 33785 12798 12287 8890 2255 6635 3397 511 ndash1140 8597 9738 14226 5236 8989 78416 79193 48 38 IV 80230 53847 19579 34268 12831 12485 9106 2386 6720 3379 346 ndash883 9043 9926 14435 5255 9180 79883 80547 68 77
1997 I 81370 54671 19867 34804 13206 12708 9301 2430 6871 3407 498 ndash1081 9191 10272 14574 5236 9337 80872 81601 58 50 II 82768 55040 19745 35295 13850 12966 9499 2431 7069 3467 884 ndash847 9550 10397 14724 5335 9390 81884 83077 71 51 III 84099 56133 20205 35929 14149 13469 9956 2551 7405 3513 680 ndash962 9747 10709 14779 5324 9456 83419 84331 66 77 IV 85057 56981 20454 36528 14341 13563 9988 2599 7389 3575 778 ndash1165 9689 10853 14900 5344 9556 84280 85223 46 42
1998 I 86006 57575 20452 37123 14949 13899 10250 2607 7643 3649 1051 ndash1345 9638 10982 14826 5195 9631 84955 86260 45 32 II 86986 58702 20906 37796 14715 14342 10558 2777 7781 3784 373 ndash1618 9478 11096 15187 5348 9839 86613 87214 46 80 III 88472 59680 21218 38462 15127 14603 10667 2801 7865 3936 524 ndash1739 9360 11099 15404 5318 10086 87948 88568 70 63 IV 90275 60782 21825 38957 15640 15039 10971 2820 8151 4068 600 ndash1771 9679 11450 15625 5379 10246 89675 90390 84 81
1999 I 91486 61574 22071 39503 16173 15340 11207 2828 8379 4133 833 ndash2120 9587 11706 15858 5412 10446 90653 91714 55 44 II 92526 62900 22756 40143 16047 15697 11474 2812 8662 4223 351 ndash2509 9712 12222 16088 5443 10645 92175 92805 46 69 III 94051 63989 23144 40844 16445 16039 11745 2830 8915 4294 406 ndash2829 9988 12817 16446 5589 10857 93645 94301 68 65 IV 96077 65249 23628 41621 16995 16152 11770 2888 8882 4381 843 ndash3025 10285 13310 16859 5753 11106 95234 96432 89 70
2000 I 97095 66830 24179 42651 16888 16728 12235 2978 9257 4492 161 ndash3579 10528 14107 16956 5624 11332 96935 97405 43 73 II 99491 67757 24427 43329 18109 17205 12701 3130 9571 4505 904 ndash3644 10892 14536 17269 5832 11437 98587 99835 102 70 III 100175 68817 24755 44062 17917 17345 12884 3282 9602 4460 572 ndash3959 11191 15150 17400 5794 11606 99602 100480 28 42 IV 101298 69811 25004 44807 17974 17429 12927 3335 9592 4502 545 ndash4100 11118 15218 17613 5793 11820 100753 101849 46 47
2001 I 101651 70581 25068 45514 17013 17320 12737 3290 9447 4583 ndash307 ndash3954 10971 14925 18011 5943 12067 101957 102062 14 49 II 103013 71187 25184 46003 16994 17110 12406 3353 9054 4704 ndash116 ndash3638 10566 14203 18469 6087 12382 103129 103509 55 47 III 103052 71512 25240 46273 16704 17005 12196 3426 8771 4809 ndash301 ndash3670 9971 13642 18506 6163 12342 103353 103322 02 09 IV 103731 72672 25869 46803 15766 16574 11773 3120 8653 4801 ndash808 ndash3578 9601 13179 18872 6274 12598 104539 104631 27 47
2002 I 104987 73090 25696 47394 16280 16414 11495 2978 8517 4919 ndash134 ndash3749 9734 13483 19366 6578 12789 105121 105497 49 22 II 106019 74034 25992 48041 16481 16349 11283 2848 8435 5066 132 ndash4181 10059 14240 19685 6744 12941 105887 106347 40 29 III 107017 74912 26320 48592 16504 16321 11206 2746 8460 5115 183 ndash4358 10206 14564 19960 6854 13106 106834 107491 38 36 IV 107669 75532 26391 49141 16613 16314 11033 2737 8295 5281 300 ndash4799 10122 14921 20323 7050 13273 107370 108322 25 20
2003 I 108874 76459 26739 49720 16715 16428 10977 2742 8234 5452 286 ndash5036 10125 15161 20736 7252 13484 108587 109392 45 46 II 110116 77274 26838 50436 16785 16816 11238 2826 8412 5578 ndash31 ndash5043 10116 15159 21100 7621 13478 110147 110771 46 59 III 112551 78820 27694 51126 17451 17409 11508 2841 8668 5901 42 ndash4995 10414 15408 21275 7652 13623 112509 113207 91 89 IV 114148 79612 27851 51762 18236 17878 11704 2866 8839 6174 358 ndash5091 10986 16078 21391 7734 13657 113790 115066 58 46
2004 I 115899 80981 28386 52595 18536 18022 11646 2908 8738 6376 514 ndash5463 11388 16851 21845 8051 13794 115385 117005 63 57 II 117629 81939 28603 53337 19560 18800 12044 3009 9035 6756 760 ndash6061 11708 17769 22190 8199 13992 116869 118488 61 52 III 119363 83165 28979 54186 20013 19405 12440 3124 9315 6966 608 ndash6359 11854 18213 22544 8391 14153 118756 120331 60 66 IV 121239 84738 29717 55021 20633 19918 12791 3224 9567 7127 715 ndash6865 12259 19124 22733 8345 14388 120524 121955 64 61
2005 I 123618 85919 30009 55910 21308 20401 13052 3384 9668 7349 907 ndash6774 12624 19398 23165 8620 14546 122711 124687 81 75 II 125000 87303 30492 56812 21153 20994 13349 3465 9884 7645 159 ndash6902 12985 19887 23446 8672 14773 124841 125962 45 71 III 127286 88958 31268 57690 21667 21556 13629 3523 10106 7927 110 ndash7340 13082 20421 24001 8941 15060 127176 128357 75 77 IV 129014 89961 31301 58660 22763 21941 13863 3697 10165 8079 822 ndash7893 13513 21406 24183 8819 15364 128192 129798 55 32
2006 I 131614 91262 31811 59451 23366 22706 14572 3968 10605 8134 660 ndash7758 14140 21898 24745 9285 15461 130955 132420 83 89 II 133304 92493 32116 60376 23521 22797 14953 4286 10667 7844 724 ndash7814 14560 22374 25105 9303 15802 132580 134060 52 51 III 134328 93717 32559 61158 23334 22643 15227 4476 10751 7416 691 ndash8057 14760 22817 25333 9322 16012 133637 134947 31 32 IV 135842 94568 32503 62066 22865 22541 15461 4617 10844 7080 323 ndash7143 15382 22525 25552 9359 16194 135519 136559 46 58
2007 I 137585 96017 32967 63050 22774 22603 15796 4795 11001 6807 170 ndash7249 15755 23004 26044 9440 16603 137415 138288 52 57 II 139768 97209 33492 63718 23296 22821 16249 5123 11126 6572 475 ndash7297 16191 23489 26560 9687 16873 139293 140563 65 56 III 141262 98177 33787 64390 23134 22740 16607 5455 11151 6134 394 ndash7034 16903 23937 26984 9921 17064 140868 142709 43 46 IV 142532 99487 34312 65176 22605 22479 16846 5622 11224 5634 126 ndash6943 17618 24561 27382 10006 17376 142406 144518 36 44
2008 I 142739 100185 34223 65962 21857 22052 16893 5709 11184 5159 ndash195 ndash7423 18193 25616 28120 10427 17693 142934 144525 06 15 II 144155 101265 34669 66596 21654 21837 16890 5896 10994 4946 ndash183 ndash7461 19228 26689 28696 10660 18037 144338 145968 40 40 III 143951 101358 34561 66797 20863 21305 16659 5947 10712 4646 ndash441 ndash7569 19338 26906 29298 11006 18292 144392 145940 ndash06 02 IV 140817 98613 31814 66799 19130 19955 15809 5900 9909 4146 ndash825 ndash5937 17111 23048 29011 11112 17899 141642 141995 ndash84 ndash74
2009 I 139234 97684 31255 66429 16458 18125 14429 5305 9124 3696 ndash1667 ndash3854 15235 19089 28946 11049 17897 140902 140417 ndash44 ndash21 II 138854 97639 31420 66219 14953 16980 13560 4671 8889 3420 ndash2027 ndash3316 15253 18569 29578 11359 18219 140881 140013 ndash11 ndash01 III 139522 98888 32444 66444 14656 16661 13129 4210 8919 3531 ndash2005 ndash3986 15947 19933 29964 11576 18388 141527 141152 19 18 IV 141336 99625 32655 66970 15904 16372 12854 3856 8998 3519 ndash468 ndash4393 17063 21455 30200 11759 18441 141805 143108 53 08
2010 I 142703 100691 33182 67509 16604 16272 12858 3627 9231 3413 332 ndash4902 17519 22420 30309 11937 18372 142370 144617 39 16 II 144135 101483 33217 68266 17247 16830 13252 3766 9486 3578 417 ndash5211 18143 23354 30617 12251 18366 143718 146293 41 38 III 145760 102436 33610 68826 17933 16838 13538 3771 9768 3300 1095 ndash5331 18612 23943 30723 12398 18325 144666 147930 46 27 IV 147359 104019 34586 69433 17709 17219 13888 3890 9998 3331 490 ndash5021 19504 24525 30652 12338 18314 146869 149489 45 62
2011 I 148149 105663 35614 70049 17559 17223 13908 3624 10284 3314 337 ndash5554 20305 25859 30481 12152 18328 147812 150501 22 26 II 150036 106849 36043 70806 18190 17842 14480 3970 10510 3362 348 ndash5725 20928 26653 30722 12343 18379 149687 152536 52 52 III 151632 107912 36436 71476 18538 18578 15194 4218 10976 3385 ndash41 ndash5495 21333 26828 30677 12275 18402 151673 154215 43 54 IV 153210 108738 36900 71838 19911 19090 15601 4382 11220 3488 821 ndash5948 21203 27151 30510 12112 18397 152389 155850 42 19
2012 I 154783 110072 37559 72513 20322 19597 15955 4547 11408 3642 726 ndash6158 21579 27737 30546 12077 18469 154057 156932 42 44 II 155959 110675 37450 73225 20778 19945 16207 4589 11618 3738 833 ndash5978 21870 27848 30484 12102 18382 155126 31 28
188 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1929 9761 7363 1014 379 491 1465 31 9868 9941 10052 9846 1930 8920 6968 676 313 427 1614 ndash224 9192 9111 9392 9000 ndash86 ndash68 ndash84 ndash66 ndash86 1931 8342 6749 425 261 372 1682 ndash403 8652 8539 8859 8407 ndash65 ndash59 ndash63 ndash57 ndash66 1932 7252 6144 128 204 309 1626 ndash541 7666 7439 7865 7305 ndash131 ndash114 ndash129 ndash112 ndash131 1933 7158 6008 189 205 322 1572 ndash494 7432 7351 7634 7203 ndash13 ndash31 ndash12 ndash29 ndash14 1934 7937 6437 341 228 329 1773 ndash513 8140 8127 8337 7977 109 95 106 92 107 1935 8642 6830 631 241 431 1822 ndash451 8645 8922 8927 8689 89 62 98 71 89 1936 9770 7525 809 253 426 2126 ndash517 9789 10061 10081 9811 131 132 128 129 129 1937 10271 7804 1011 319 479 2036 ndash420 10198 10529 10455 10325 51 42 47 37 52 1938 9918 7678 668 315 373 2193 ndash563 10052 10073 10210 9974 ndash34 ndash14 ndash43 ndash23 ndash34 1939 10719 8107 859 333 391 2386 ndash575 10795 10887 10965 10778 81 74 81 74 81 1940 11659 8527 1197 378 401 2453 ndash495 11528 11792 11657 11708 88 68 83 63 86 1941 13650 9132 1462 388 493 4077 ndash916 13378 13915 13637 13715 171 160 180 170 171 1942 16168 8916 772 256 447 9594 ndash2923 16167 16677 16680 16235 185 209 198 223 184 1943 18815 9165 456 216 564 14272 ndash4730 19070 19601 19870 18879 164 180 175 191 163 1944 20335 9426 563 232 590 16061 ndash5357 20614 21165 21461 20402 81 81 80 80 81 1945 20107 10009 744 325 628 14022 ndash4365 20447 20789 21144 20166 ndash11 ndash08 ndash18 ndash15 ndash12 1946 17907 11254 1907 702 520 4821 ndash257 17647 17737 17468 17982 ndash109 ndash137 ndash147 ndash174 ndash108 1947 17746 11470 1832 800 494 4095 43 18017 17375 17646 17848 ndash09 21 ndash20 10 ndash07 1948 18527 11729 2341 630 576 4394 09 18357 18570 18395 18648 44 19 69 42 45 1949 18431 12054 1787 625 556 4919 ndash398 18793 18458 18826 18542 ndash05 24 ndash06 23 ndash06 1950 20042 12827 2523 547 657 4924 ndash122 19890 20346 20194 20165 87 58 102 73 88 1951 21593 13028 2530 670 683 6727 ndash679 21304 21757 21463 21743 77 71 69 63 78 1952 22420 13439 2288 641 743 8100 ndash1305 22438 22725 22745 22574 38 53 45 60 38 1953 23452 14081 2396 598 813 8680 ndash1490 23544 23935 24032 23601 46 49 53 57 45 1954 23304 14377 2285 627 773 8089 ndash1301 23610 23688 24002 23462 ndash06 03 ndash10 ndash01 ndash06 1955 24982 15438 2840 694 866 7793 ndash917 24940 25406 25366 25158 72 56 73 57 72 1956 25476 15890 2801 809 936 7800 ndash888 25511 25814 25852 25669 20 23 16 19 20 1957 25988 16284 2679 879 976 8147 ndash1025 26167 26273 26456 26192 20 26 18 23 20 1958 25754 16426 2457 760 1022 8409 ndash1276 25978 26271 26502 25929 ndash09 ndash07 00 02 ndash10 1959 27601 17359 2955 839 1130 8695 ndash1117 27616 28156 28174 27781 72 63 72 63 71 1960 28285 17836 2954 984 1145 8710 ndash1054 28342 28651 28711 28482 25 26 18 19 25 1961 28944 18203 2935 990 1137 9148 ndash1195 29021 29308 29388 29161 23 24 23 24 24 1962 30698 19103 3308 1040 1266 9711 ndash1198 30623 31163 31089 30941 61 55 63 58 61 1963 32040 19890 3530 1114 1300 9961 ndash1155 31999 32460 32420 32301 44 45 42 43 44 1964 33894 21075 3821 1245 1369 10180 ndash1058 33908 34234 34249 34175 58 60 55 56 58 1965 36070 22408 4357 1280 1515 10487 ndash947 35876 36561 36364 36364 64 58 68 62 64 1966 38421 23679 4741 1369 1740 11411 ndash1039 38034 39070 38677 38698 65 60 69 64 64 1967 39392 24388 4524 1400 1867 12287 ndash1340 39200 40148 39956 39677 25 31 28 33 25 1968 41299 25796 4787 1510 2145 12672 ndash1321 41158 42221 42083 41606 48 50 52 53 49 1969 42582 26762 5066 1583 2267 12643 ndash1205 42450 43550 43420 42880 31 31 31 32 31 1970 42663 27389 4734 1753 2364 12337 ndash1186 42843 43483 43672 42958 02 09 ndash02 06 02 1971 44095 28433 5273 1783 2490 12069 ndash973 44036 45031 44976 44422 34 28 36 30 34 1972 46438 30181 5898 1917 2770 11981 ndash769 46367 47518 47452 46789 53 53 55 55 53 1973 49128 31677 6589 2278 2899 11939 ndash456 48840 49870 49580 49603 58 53 50 45 60 1974 48857 31414 6103 2458 2833 12240 ndash525 48700 49221 49062 49398 ndash06 ndash03 ndash13 ndash10 ndash04 1975 48754 32126 5022 2443 2518 12516 ndash835 49221 48679 49147 49172 ndash02 11 ndash11 02 ndash05 1976 51369 33915 6037 2550 3011 12572 ndash694 51159 51848 51636 51868 54 39 65 51 55 1977 53731 35343 6949 2611 3340 12710 ndash542 53403 54598 54270 54291 46 44 53 51 47 1978 56728 36901 7787 2886 3629 13084 ndash301 56349 57584 57204 57284 56 55 55 54 55 1979 58501 37778 8035 3172 3690 13328 ndash122 58362 58983 58842 59252 31 36 24 29 34
See the note at the end of the table
NOTE Chain-type estimates provide the best available method for components in the table comparing the level of a given series at two points in time Chained- It is usually best to make comparisons of aggregate series in dollar estimates are obtained by multiplying the chain-type quantity current dollars or to use BEArsquos estimates of contributions to percent index for an aggregate by its value in current dollars in the refer- change Measures of the contributions of components to the pershyence year (currently 2005) and dividing by 100 For an analysis of centage change in real GDP and to the percentage change in other changes over time in an aggregate or in a component the percent- major aggregates are provided in NIPA tables 112 122 152 age changes calculated from the chained-dollar estimates and the 232 392 422 532 542 and 552 In general the use of chain-type quantity indexes are the same Thus chained-dollar esti- chained-dollar estimates to calculate component shares or composhymates can be used to compute ldquorealrdquo (that is inflation-adjusted) rates nent contributions may be misleading for periods away from the ref-of growth However comparisons of two or more different chained- erence year component shares of GDP are provided in table dollar series must be made with caution because the prices used as 1110 In the November 2003 SURVEY OF CURRENT BUSINESS the artishyweights in the chained-dollar calculations usually differ from the cle ldquoChained-Dollar Indexes Issues Tips on Their Use and prices in the reference period and the resulting chained-dollar values Upcoming Changesrdquo discussed the advantages of using chain for detailed GDP components usually do not sum to the chained-dol- weighted indexes and the challenges of using chained dollars To lar estimate of GDP or to any intermediate aggregate A measure of assist users in undertaking historical analysis BEA provides supple-the extent of such differences is provided in most chained-dollar mental tables that present estimates for selected timespans in tables by a ldquoresidualrdquo line which indicates the difference between GDP chained 1937 1952 1972 and 1987 dollars (see tables 116A (or another major aggregate) and the sum of the most detailed 116B 116C and 116D)
189 August 2012 SURVEY OF CURRENT BUSINESS
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1980 58340 37645 7152 3514 3445 13588 ndash114 58736 57848 58233 59083 ndash03 06 ndash19 ndash10 ndash03 1981 59821 38216 7796 3557 3535 13712 75 59544 59397 59117 60473 25 14 27 15 24 1982 58659 38749 6703 3285 3491 13953 ndash540 59182 58604 59119 59340 ndash19 ndash06 ndash13 00 ndash19 1983 61309 40964 7328 3201 3931 14463 ndash716 61676 62031 62393 61971 45 42 58 55 44 1984 65715 43136 9487 3462 4888 14949 ndash431 64900 67397 66584 66341 72 52 87 67 71 1985 68434 45383 9398 3567 5205 15990 ndash699 68331 70394 70293 68880 41 53 44 56 38 1986 70805 47224 9335 3841 5650 16962 ndash907 70927 72972 73097 71104 35 38 37 40 32 1987 73070 48680 9622 4254 5984 17371 ndash873 72899 75121 74953 73359 32 28 29 25 32 1988 76074 50643 9849 4935 6219 17589 ndash723 76013 77522 77462 76439 41 43 32 33 42 1989 78792 52075 10244 5502 6493 18068 ndash604 78608 79842 79658 79173 36 34 30 28 36 1990 80271 53137 9899 5997 6726 18640 ndash676 80258 80978 80964 80750 19 21 14 16 20 1991 80083 53217 9094 6395 6716 18844 ndash751 80279 80278 80471 80488 ndash02 00 ndash09 ndash06 ndash03 1992 82800 55032 9831 6835 7187 18932 ndash643 82772 83027 82995 83194 34 31 34 31 34 1993 85162 56986 10709 7059 7808 18782 ndash566 85080 85857 85773 85560 29 28 34 33 28 1994 88631 59162 12164 7674 8739 18780 ndash410 88017 89685 89070 88930 41 35 45 38 39 1995 90860 60762 12543 8451 9439 18889 ndash346 90654 91813 91606 91217 25 30 24 28 26 1996 94258 62883 13653 9153 10260 19079 ndash250 94044 95340 95124 94631 37 37 38 38 37 1997 98459 65204 15352 10243 11641 19438 ndash137 97742 99844 99125 98734 45 39 47 42 43 1998 102747 68623 16889 10477 13002 19850 ndash90 102083 105311 104647 102953 44 44 55 56 43 1999 107707 72376 18376 10934 14499 20561 ndash41 107065 111318 110677 108029 48 49 57 58 49 2000 112164 76046 19631 11874 16387 20978 22 111580 116716 116133 112592 41 42 48 49 42 2001 113375 78103 18252 11208 15926 21783 ndash45 113820 118158 118609 113950 11 20 12 21 12 2002 115431 80183 18004 10983 16468 22796 ndash67 115336 120975 120883 115971 18 13 24 19 18 2003 118364 82445 18701 11160 17197 23305 ndash50 118205 124447 124290 119099 25 25 29 28 27 2004 122469 85158 20582 12225 19104 23620 ndash12 121813 129355 128698 123416 35 31 39 35 36 2005 126230 88035 21723 13051 20278 23699 00 125730 133457 132957 127201 31 32 32 33 31 2006 129585 90545 22318 14221 21515 24021 ndash05 128993 136881 136290 130283 27 26 26 25 24 2007 132064 92629 21595 15544 22032 24342 ndash14 131775 138553 138264 133220 19 22 12 14 23 2008 131619 92117 19398 16493 21440 24974 77 132005 136531 136912 133169 ndash03 02 ndash15 ndash10 00 2009 127579 90326 14581 14987 18538 25894 329 128997 131023 132430 128890 ndash31 ndash23 ndash40 ndash33 ndash32 2010 130630 91962 16580 16656 20852 26058 226 130103 134730 134197 132534 24 09 28 13 28 2011 132991 94288 17440 17769 21849 25239 104 132653 136988 136642 135220 18 20 17 18 20
1947 I 17707 11309 1887 852 510 4073 96 17855 17264 17408 17804 II 17680 11497 1735 842 520 4098 28 17972 17265 17557 17781 ndash06 26 00 35 ndash05 III 17665 11534 1679 799 461 4136 ndash22 18117 17252 17709 17766 ndash03 33 ndash03 35 ndash03 IV 17933 11538 2027 708 486 4075 71 18123 17717 17909 18040 62 01 112 46 63
1948 I 18218 11596 2247 676 548 4155 92 18202 18140 18122 18334 65 17 99 48 67 II 18553 11730 2395 613 569 4355 29 18334 18621 18395 18676 75 29 110 62 76 III 18653 11748 2421 627 599 4440 16 18366 18732 18437 18776 22 07 24 09 22 IV 18682 11841 2300 605 589 4627 ndash102 18524 18787 18625 18805 06 35 12 41 06
1949 I 18422 11860 1942 678 572 4759 ndash245 18600 18382 18561 18540 ndash55 16 ndash84 ndash14 ndash55 II 18355 12041 1671 672 563 4974 ndash440 18840 18313 18806 18470 ndash14 53 ndash15 54 ndash15 III 18561 12069 1817 616 540 5024 ndash425 18832 18587 18862 18672 46 ndash02 61 12 45 IV 18387 12245 1718 533 549 4918 ndash478 18900 18551 19076 18488 ndash37 15 ndash08 46 ndash39
1950 I 19130 12449 2149 524 564 4835 ndash263 19204 19339 19415 19238 172 66 181 73 172 II 19712 12654 2389 531 595 4914 ndash181 19720 19959 19968 19826 127 112 134 119 128 III 20484 13303 2604 544 734 4820 ndash53 20430 20893 20842 20618 166 152 201 187 169 IV 20844 12902 2950 588 736 5127 13 20207 21194 20549 20978 72 ndash43 59 ndash55 72
1951 I 21107 13214 2639 618 736 5675 ndash303 20804 21418 21112 21236 51 124 43 114 50 II 21457 12841 2704 679 711 6456 ndash512 20903 21645 21082 21608 68 19 43 ndash06 72 III 21885 12991 2495 695 651 7188 ndash833 21595 21969 21673 22041 82 139 61 117 83 IV 21922 13067 2283 689 634 7589 ndash1072 21915 21994 21986 22087 07 61 05 59 08
1952 I 22143 13096 2336 725 708 7824 ndash1130 22095 22259 22210 22299 41 33 49 42 39 II 22167 13353 2142 646 704 8089 ndash1359 22453 22410 22701 22324 04 66 27 91 05 III 22316 13418 2256 595 747 8170 ndash1376 22234 22701 22620 22470 27 ndash38 53 ndash14 26 IV 23053 13892 2418 599 814 8316 ndash1358 22971 23530 23450 23205 139 139 154 155 137
1953 I 23484 14057 2466 589 794 8598 ndash1432 23467 23960 23946 23634 77 89 75 87 76 II 23662 14142 2475 592 835 8787 ndash1499 23653 24186 24180 23820 31 32 38 40 32 III 23518 14110 2417 616 832 8681 ndash1474 23595 23996 24078 23661 ndash24 ndash10 ndash31 ndash17 ndash26 IV 23146 14016 2226 596 791 8654 ndash1555 23461 23599 23923 23289 ndash62 ndash23 ndash65 ndash25 ndash62
1954 I 23035 14067 2207 569 745 8422 ndash1485 23324 23472 23769 23188 ndash19 ndash23 ndash21 ndash26 ndash17 II 23064 14250 2200 651 812 8125 ndash1350 23419 23456 23819 23217 05 16 ndash03 09 05 III 23324 14444 2312 630 763 7929 ndash1228 23652 23693 24028 23479 46 40 41 36 46 IV 23791 14747 2419 659 771 7880 ndash1143 24046 24131 24392 23964 83 68 76 62 85
1955 I 24477 15078 2677 683 816 7871 ndash1016 24505 24847 24878 24653 120 79 124 82 120 II 24881 15366 2846 667 862 7793 ndash929 24826 25341 25288 25055 68 54 82 67 67 III 25214 15556 2887 711 877 7840 ndash903 25188 25629 25605 25390 55 60 46 51 54 IV 25355 15752 2949 714 909 7670 ndash821 25242 25806 25693 25534 22 08 28 14 23
1956 I 25239 15778 2850 748 947 7666 ndash856 25186 25680 25629 25437 ndash18 ndash09 ndash19 ndash10 ndash15 II 25438 15830 2818 799 942 7827 ndash894 25466 25798 25828 25634 32 45 18 31 31 III 25406 15866 2785 825 950 7753 ndash873 25476 25733 25806 25606 ndash05 02 ndash10 ndash03 ndash04 IV 25821 16084 2752 862 907 7954 ndash924 25916 26046 26143 25999 67 71 49 53 63
1957 I 25979 16195 2707 919 979 8117 ndash980 26143 26206 26373 26187 25 36 25 35 29 II 25917 16224 2704 891 986 8067 ndash983 26047 26194 26327 26138 ndash10 ndash15 ndash02 ndash07 ndash07 III 26166 16353 2768 866 967 8129 ndash983 26242 26465 26543 26379 39 30 42 33 37 IV 25891 16361 2537 841 971 8277 ndash1154 26236 26229 26582 26063 ndash41 ndash01 ndash35 06 ndash47
See the note at the end of the table
190 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1958 I 25190 16139 2348 757 985 8184 ndash1253 25565 25659 26044 25366 ndash104 ndash99 ndash84 ndash79 ndash103 II 25345 16271 2293 761 1027 8389 ndash1342 25698 25858 26221 25524 25 21 31 28 25 III 25939 16538 2482 763 1012 8442 ndash1274 26072 26444 26582 26112 97 60 94 56 96 IV 26543 16756 2706 761 1065 8622 ndash1237 26576 27123 27159 26715 97 79 107 90 96
1959 I 27080 17067 2859 811 1092 8566 ndash1131 27124 27625 27672 27251 83 85 76 78 83 II 27764 17329 3097 838 1145 8697 ndash1052 27591 28340 28167 27936 105 71 108 73 104 III 27731 17510 2882 865 1156 8806 ndash1176 27927 28279 28481 27915 ndash05 50 ndash09 45 ndash03 IV 27828 17529 2983 841 1126 8710 ndash1109 27822 28380 28377 28022 14 ndash15 15 ndash14 16
1960 I 28453 17697 3305 947 1169 8539 ndash866 28126 28906 28574 28640 93 44 76 28 91 II 28320 17921 2971 1007 1178 8608 ndash1009 28394 28689 28766 28511 ndash19 39 ndash30 27 ndash18 III 28366 17850 2953 982 1143 8815 ndash1091 28354 28736 28726 28565 07 ndash06 07 ndash06 08 IV 28002 17874 2588 1002 1089 8877 ndash1250 28493 28276 28778 28212 ndash50 20 ndash63 07 ndash49
1961 I 28169 17869 2654 995 1084 8993 ndash1258 28516 28450 28805 28390 24 03 25 04 25 II 28696 18134 2852 981 1097 9014 ndash1188 28822 29024 29153 28906 77 44 83 49 75 III 29159 18222 3091 976 1170 9191 ndash1151 29044 29584 29468 29375 66 31 80 44 66 IV 29753 18587 3143 1006 1197 9393 ndash1179 29704 30175 30127 29973 84 94 82 93 84
1962 I 30287 18785 3331 1004 1234 9559 ndash1158 30067 30764 30541 30505 74 50 80 56 73 II 30621 19016 3298 1100 1261 9611 ndash1143 30579 30989 30947 30860 45 70 30 54 47 III 30904 19170 3357 1038 1277 9830 ndash1214 30816 31387 31299 31146 37 31 53 46 37 IV 30979 19442 3245 1016 1292 9844 ndash1276 31029 31514 31567 31254 10 28 16 35 14
1963 I 31384 19573 3425 1040 1263 9784 ndash1175 31235 31861 31711 31647 53 27 45 18 51 II 31777 19760 3475 1161 1292 9772 ndash1099 31765 32113 32102 32032 51 70 32 50 49 III 32376 20029 3588 1099 1325 10191 ndash1206 32329 32851 32805 32635 77 73 95 91 77 IV 32622 20196 3632 1155 1321 10098 ndash1138 32665 33016 33062 32889 31 42 20 32 32
1964 I 33354 20595 3781 1225 1319 10135 ndash1063 33379 33659 33685 33644 93 90 80 78 95 II 33737 20958 3764 1246 1349 10201 ndash1083 33776 34052 34092 34016 47 48 47 49 45 III 34195 21343 3853 1236 1385 10207 ndash1059 34194 34572 34572 34483 55 51 63 58 56 IV 34290 21402 3885 1273 1423 10178 ndash1025 34283 34655 34649 34559 11 10 10 09 09
1965 I 35133 21878 4276 1136 1372 10153 ndash938 34826 35665 35354 35436 102 65 122 84 106 II 35609 22120 4276 1349 1533 10284 ndash887 35455 36006 35850 35922 55 74 39 57 56 III 36332 22500 4428 1272 1540 10640 ndash968 36121 36866 36654 36624 84 77 99 93 81 IV 37208 23132 4449 1364 1615 10869 ndash991 37102 37706 37598 37476 100 113 94 107 96
1966 I 38122 23474 4825 1340 1657 11064 ndash924 37721 38718 38311 38399 102 68 112 78 102 II 38249 23535 4737 1398 1698 11260 ndash983 37892 38805 38442 38526 13 18 09 14 13 III 38500 23804 4690 1346 1793 11565 ndash1112 38207 39241 38945 38772 27 34 46 53 26 IV 38812 23903 4712 1390 1813 11753 ndash1133 38315 39514 39010 39095 33 11 28 07 34
1967 I 39154 24042 4583 1417 1842 12252 ndash1298 38703 39854 39396 39434 36 41 35 40 35 II 39162 24370 4388 1404 1827 12185 ndash1358 39116 39866 39823 39435 01 43 01 44 00 III 39475 24495 4514 1370 1851 12312 ndash1365 39316 40262 40103 39774 32 21 40 29 35 IV 39776 24646 4611 1409 1948 12396 ndash1338 39664 40612 40502 40067 31 36 35 40 30
1968 I 40595 25234 4712 1450 2063 12613 ndash1351 40494 41507 41409 40894 85 86 91 93 85 II 41285 25621 4902 1479 2095 12671 ndash1293 40901 42202 41815 41589 70 41 69 40 70 III 41567 26103 4743 1566 2221 12697 ndash1321 41487 42490 42413 41881 28 59 28 58 28 IV 41747 26223 4792 1546 2202 12708 ndash1320 41751 42685 42694 42059 17 26 18 27 17
1969 I 42405 26517 5108 1360 1994 12720 ndash1306 42182 43422 43200 42717 65 42 71 48 64 II 42528 26686 5067 1665 2388 12667 ndash1169 42390 43495 43358 42830 12 20 07 15 11 III 42797 26815 5185 1625 2357 12685 ndash1156 42609 43798 43611 43086 26 21 28 24 24 IV 42596 27029 4905 1682 2331 12498 ndash1187 42617 43485 43512 42885 ndash19 01 ndash28 ndash09 ndash19
1970 I 42529 27195 4752 1696 2323 12431 ndash1222 42733 43388 43602 42825 ndash06 11 ndash09 08 ndash06 II 42607 27319 4767 1771 2369 12271 ndash1152 42651 43405 43455 42912 07 ndash08 02 ndash13 08 III 42986 27559 4848 1765 2364 12324 ndash1146 43033 43796 43849 43287 36 36 37 37 35 IV 42530 27484 4567 1781 2400 12324 ndash1226 42953 43344 43781 42807 ndash42 ndash07 ndash41 ndash06 ndash44
1971 I 43703 28009 5160 1788 2372 12124 ndash1006 43485 44505 44287 44029 115 50 112 47 119 II 43951 28266 5320 1785 2551 12085 ndash954 43785 44943 44780 44294 23 28 40 45 24 III 44302 28491 5390 1858 2607 12078 ndash908 44171 45255 45127 44614 32 36 28 31 29 IV 44425 28965 5222 1702 2431 11988 ndash1021 44703 45421 45711 44753 11 49 15 53 13
1972 I 45219 29352 5591 1882 2786 12031 ndash851 45324 46336 46450 45561 73 57 83 66 74 II 46291 29912 5933 1828 2687 12106 ndash801 46077 47408 47196 46629 98 68 96 66 97 III 46735 30374 6018 1938 2743 11856 ndash708 46492 47764 47522 47100 39 37 30 28 41 IV 47505 31086 6049 2020 2866 11931 ndash715 47574 48563 48639 47868 68 96 69 97 67
1973 I 48720 31655 6433 2168 2999 12048 ndash585 48617 49733 49633 49137 106 91 100 84 110 II 49284 31639 6734 2273 2912 11976 ndash426 48855 50060 49627 49728 47 20 27 00 49 III 49021 31753 6470 2280 2832 11823 ndash473 48916 49685 49581 49537 ndash21 05 ndash30 ndash04 ndash15 IV 49488 31660 6718 2392 2853 11910 ndash339 48972 50003 49480 50008 39 05 26 ndash08 39
1974 I 49054 31383 6289 2423 2756 12159 ndash444 48912 49372 49228 49663 ndash35 ndash05 ndash49 ndash20 ndash27 II 49180 31492 6258 2541 2902 12241 ndash450 48966 49506 49291 49756 10 04 11 05 08 III 48694 31622 5905 2404 2851 12259 ndash645 48815 49172 49294 49219 ndash39 ndash12 ndash27 00 ndash43 IV 48502 31158 5961 2466 2823 12302 ndash562 48106 48833 48434 48955 ndash16 ndash57 ndash27 ndash68 ndash21
1975 I 47912 31420 4914 2484 2540 12452 ndash818 48482 47789 48360 48293 ndash48 32 ndash83 ndash06 ndash53 II 48278 31944 4744 2412 2337 12357 ndash842 48979 47985 48687 48662 31 42 17 27 31 III 49091 32399 5145 2371 2531 12574 ndash867 49419 49164 49492 49506 69 36 102 68 71 IV 49733 32742 5287 2505 2666 12680 ndash815 50003 49781 50051 50226 53 48 51 46 59
1976 I 50863 33396 5834 2488 2833 12712 ndash734 50694 51187 51015 51343 94 56 118 79 92 II 51246 33703 6083 2513 2956 12573 ndash670 50865 51706 51322 51744 30 14 41 24 32 III 51497 34059 6094 2586 3076 12507 ndash673 51180 52010 51690 52000 20 25 24 29 20 IV 51871 34503 6137 2612 3178 12497 ndash700 51895 52490 52515 52386 29 57 37 65 30
See the note at the end of the table
191 August 2012 SURVEY OF CURRENT BUSINESS
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1977 I 52473 34897 6438 2570 3329 12610 ndash713 52382 53384 53294 53061 47 38 70 61 52 II 53516 35090 6936 2639 3359 12741 ndash531 53224 54364 54072 54092 82 66 75 60 80 III 54473 35425 7314 2660 3312 12765 ndash379 53784 55225 54533 55043 74 43 65 34 72 IV 54461 35959 7108 2574 3359 12723 ndash544 54223 55419 55180 54969 ndash01 33 14 48 ndash05
1978 I 54647 36169 7249 2635 3585 12744 ndash565 54292 55835 55479 55234 14 05 30 22 19 II 56797 36942 7746 2910 3596 13088 ndash293 56446 57569 57216 57287 167 168 130 131 157 III 57354 37097 7985 2942 3643 13193 ndash220 56964 58143 57751 57888 40 37 40 38 43 IV 58113 37396 8167 3058 3693 13312 ndash127 57695 58788 58368 58726 54 52 45 43 59
1979 I 58210 37585 8166 3061 3683 13192 ndash111 57878 58864 58529 58838 07 13 05 11 08 II 58264 37563 8147 3069 3703 13332 ndash144 57875 58935 58543 58968 04 00 05 01 09 III 58683 37932 7988 3179 3646 13351 ndash121 58714 59085 59113 59523 29 59 10 39 38 IV 58845 38033 7839 3380 3726 13438 ndash119 58982 59049 59182 59678 11 18 ndash02 05 10
1980 I 59034 37967 7783 3474 3729 13654 ndash115 59096 59093 59151 59883 13 08 03 ndash02 14 II 57824 37105 7081 3539 3458 13697 ndash140 57938 57321 57428 58609 ndash79 ndash76 ndash115 ndash112 ndash82 III 57717 37503 6541 3532 3210 13508 ndash157 58693 56791 57746 58456 ndash07 53 ndash36 22 ndash10 IV 58784 38003 7206 3510 3382 13494 ndash47 59218 58185 58606 59386 76 36 102 61 65
1981 I 60006 38211 7922 3577 3526 13673 149 59509 59534 59037 60648 86 20 96 30 88 II 59527 38211 7545 3596 3532 13704 03 59627 59038 59131 60132 ndash32 08 ndash33 06 ndash34 III 60250 38366 8013 3520 3491 13673 169 59696 59809 59255 60893 49 05 53 08 52 IV 59500 38076 7702 3536 3591 13799 ndash22 59344 59206 59047 60221 ndash49 ndash23 ndash40 ndash14 ndash43
1982 I 58523 38322 6900 3383 3489 13785 ndash378 59177 58315 58958 59206 ndash64 ndash11 ndash59 ndash06 ndash66 II 58840 38459 6894 3403 3432 13865 ndash349 59152 58508 58812 59606 22 ndash02 13 ndash10 27 III 58614 38754 6813 3252 3591 13960 ndash574 58765 58766 58912 59263 ndash15 ndash26 18 07 ndash23 IV 58660 39461 6207 3103 3450 14201 ndash862 59635 58828 59794 59286 03 61 04 61 02
1983 I 59389 39848 6428 3153 3529 14308 ndash819 60265 59602 60469 60008 51 43 54 46 50 II 60724 40639 7048 3163 3801 14430 ndash755 61118 61317 61706 61383 93 58 120 84 95 III 61922 41357 7522 3211 4097 14680 ndash751 62252 62869 63196 62593 81 76 105 100 81 IV 63202 42013 8314 3275 4298 14432 ndash534 63070 64336 64203 63899 85 54 97 65 86
1984 I 64428 42373 9184 3344 4643 14578 ndash408 63492 65944 65010 65072 80 27 104 51 76 II 65540 42979 9494 3427 4838 14892 ndash414 64656 67204 66321 66188 71 75 79 83 70 III 66177 43311 9714 3503 4963 15002 ndash390 65252 67903 66979 66819 39 37 42 40 39 IV 66716 43881 9555 3574 5108 15323 ndash509 66203 68537 68026 67287 33 60 38 64 28
1985 I 67345 44625 9240 3576 4996 15499 ndash599 67325 69016 68997 67800 38 70 28 58 31 II 67915 45032 9399 3563 5241 15847 ndash685 67838 69926 69851 68400 34 31 54 50 36 III 68976 45887 9296 3511 5190 16258 ndash786 68940 70995 70961 69376 64 67 63 65 58 IV 69500 45988 9659 3617 5394 16355 ndash725 69221 71640 71365 69945 31 17 37 23 33
1986 I 70168 46372 9639 3731 5389 16532 ndash717 69934 72146 71915 70559 39 42 29 31 36 II 70450 46866 9425 3772 5618 16883 ndash878 70461 72669 72684 70730 16 31 29 43 10 III 71129 47685 9130 3858 5774 17266 ndash1036 71453 73431 73759 71443 39 58 43 61 41 IV 71473 47972 9144 4002 5819 17166 ndash992 71858 73641 74030 71685 19 23 12 15 14
1987 I 71869 47899 9423 4005 5784 17237 ndash911 71666 73988 73789 72109 22 ndash11 19 ndash13 24 II 72633 48540 9436 4164 5928 17346 ndash925 72622 74729 74721 72935 43 54 41 51 47 III 73263 49082 9446 4343 6043 17346 ndash911 73489 75273 75501 73556 35 49 29 42 35 IV 74517 49200 10183 4504 6182 17556 ndash744 73820 76494 75802 74838 70 18 67 16 71
1988 I 74902 50022 9609 4753 6153 17471 ndash800 74911 76510 76520 75303 21 60 01 38 25 II 75864 50385 9843 4885 6083 17517 ndash683 75814 77199 77149 76231 52 49 36 33 50 III 76256 50783 9906 4975 6226 17507 ndash689 76174 77659 77578 76586 21 19 24 22 19 IV 77274 51381 10037 5127 6416 17862 ndash717 77153 78722 78603 77637 55 52 56 54 56
1989 I 77999 51569 10422 5278 6446 17752 ndash576 77525 79286 78813 78356 38 19 29 11 38 II 78583 51800 10300 5508 6476 18028 ndash577 78278 79604 79299 78926 30 39 16 25 29 III 79206 52337 10179 5568 6467 18197 ndash608 79264 80135 80192 79577 32 51 27 46 33 IV 79379 52593 10074 5656 6584 18294 ndash654 79363 80344 80327 79833 09 05 10 07 13
1990 I 80208 53009 10173 5903 6793 18576 ndash660 80224 81122 81137 80635 42 44 39 41 41 II 80527 53184 10176 5983 6782 18604 ndash638 80259 81323 81054 80966 16 02 10 ndash04 17 III 80526 53386 9937 6027 6754 18598 ndash668 80417 81233 81123 80896 00 08 ndash04 03 ndash03 IV 79820 52970 9308 6077 6573 18783 ndash745 80132 80234 80541 80501 ndash35 ndash14 ndash48 ndash28 ndash19
1991 I 79434 52820 8929 6121 6498 18859 ndash797 79811 79701 80075 79947 ndash19 ndash16 ndash26 ndash23 ndash27 II 79970 53222 8885 6341 6614 18925 ndash789 80385 80108 80519 80334 27 29 21 22 19 III 80307 53426 9106 6486 6800 18835 ndash746 80496 80494 80681 80626 17 06 19 08 15 IV 80622 53402 9454 6634 6950 18756 ndash674 80423 80810 80609 81044 16 ndash04 16 ndash04 21
1992 I 81507 54320 9244 6752 7001 18899 ndash707 81666 81611 81766 81923 45 63 40 59 44 II 82373 54642 9853 6753 7116 18876 ndash635 82250 82614 82489 82783 43 29 50 36 43 III 83223 55246 9955 6899 7228 18973 ndash622 83154 83421 83348 83591 42 45 40 42 40 IV 84098 55920 10270 6934 7401 18979 ndash604 84019 84461 84378 84478 43 42 51 50 43
1993 I 84253 56147 10511 6950 7561 18779 ndash573 83964 84787 84496 84728 07 ndash03 16 06 12 II 84792 56686 10594 7035 7718 18765 ndash570 84668 85409 85283 85180 26 34 30 38 21 III 85238 57301 10586 7012 7819 18746 ndash588 85332 86002 86094 85701 21 32 28 39 25 IV 86364 57811 11145 7237 8134 18839 ndash534 86354 87229 87218 86630 54 49 58 53 44
See the note at the end of the table
192 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashTable Ends [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1994 I 87205 58455 11626 7306 8323 18599 ndash458 86816 88208 87819 87559 40 22 46 28 44 II 88398 58888 12304 7547 8633 18677 ndash385 87547 89477 88626 88700 56 34 59 37 53 III 88967 59360 12082 7835 8876 19005 ndash439 88496 89990 89518 89240 26 44 23 41 25 IV 89955 59946 12646 8009 9126 18841 ndash361 89207 91065 90317 90221 45 32 49 36 45
1995 I 90176 60016 12774 8156 9326 18916 ndash360 89587 91346 90757 90561 10 17 12 20 15 II 90370 60508 12431 8268 9415 18979 ndash401 90117 91511 91257 90787 09 24 07 22 10 III 91129 61049 12311 8628 9447 18937 ndash349 91190 91883 91942 91373 34 49 16 30 26 IV 91764 61478 12658 8752 9568 18725 ndash281 91722 92514 92469 92146 28 24 28 23 34
1996 I 92393 62040 12824 8862 9879 18845 ndash299 92514 93373 93493 92850 28 35 38 45 31 II 93990 62742 13489 9011 10100 19116 ndash268 93840 95052 94900 94341 71 59 74 62 66 III 94808 63118 14169 9084 10427 19097 ndash233 94250 96157 95597 95119 35 18 47 30 33 IV 95843 63632 14130 9653 10633 19259 ndash198 95572 96780 96508 96214 44 57 26 39 47
1997 I 96580 64273 14460 9837 11087 19294 ndash197 96244 97815 97477 96850 31 28 43 41 27 II 98012 64533 15383 10227 11459 19460 ndash132 97010 99220 98217 98374 61 32 59 31 64 III 99242 65630 15657 10464 11881 19482 ndash110 98541 100642 99940 99513 51 65 59 72 47 IV 100003 66381 15907 10445 12138 19515 ndash107 99175 101698 100867 100198 31 26 43 38 28
1998 I 100948 67041 16666 10495 12593 19397 ndash58 99798 103066 101912 101247 38 25 55 42 43 II 101856 68195 16467 10374 12882 19819 ndash117 101484 104404 104034 102125 36 69 53 86 35 III 103200 69099 16939 10326 13055 20002 ndash111 102655 105983 105439 103315 54 47 62 55 47 IV 104986 70159 17484 10715 13478 20181 ndash75 104396 107791 107201 105122 71 70 70 69 72
1999 I 105921 70851 18034 10633 13821 20284 ndash60 105083 109163 108324 106190 36 27 52 43 41 II 106749 71966 17971 10755 14261 20369 ndash51 106391 110306 109950 107075 32 51 43 61 34 III 108107 72831 18422 11037 14779 20633 ndash37 107705 111893 111493 108397 52 50 59 57 50 IV 110048 73858 19076 11313 15133 20959 ndash25 109081 113910 112942 110456 74 52 74 53 78
2000 I 110336 74978 18809 11508 15747 20787 01 110182 114616 114464 110692 11 41 25 55 09 II 112488 75683 20111 11835 16227 21064 22 111484 116919 115916 112881 80 48 83 52 82 III 112583 76424 19797 12124 16794 20998 34 111968 117288 116674 112928 03 17 13 26 02 IV 113250 77100 19807 12029 16781 21062 33 112685 118041 117478 113868 24 26 26 28 34
2001 I 112878 77408 18761 11871 16537 21373 02 113256 117582 117964 113339 ndash13 20 ndash15 17 ndash18 II 113617 77700 18700 11483 16044 21817 ndash39 113757 118232 118375 114169 27 18 22 14 30 III 113304 78042 18303 10892 15656 21778 ndash55 113641 118141 118483 113603 ndash11 ndash04 ndash03 04 ndash20 IV 113700 79264 17245 10585 15469 22164 ndash89 114626 118676 119612 114688 14 35 18 39 39
2002 I 114671 79537 17819 10754 15857 22504 ndash86 114857 119855 120044 115233 35 08 40 15 19 II 115281 79941 18034 11046 16392 22720 ndash68 115182 120687 120590 115645 21 11 28 18 14 III 115866 80483 18080 11123 16662 22904 ndash62 115699 121459 121294 116387 20 18 26 24 26 IV 115906 80769 18083 11010 16962 23057 ndash51 115608 121899 121603 116617 01 ndash03 15 10 08
2003 I 116389 81177 18104 10908 16757 23009 ndash52 116096 122289 121997 116949 17 17 13 13 11 II 117375 81981 18218 10873 16996 23351 ndash52 117426 123546 123601 118081 34 47 42 54 39 III 119307 83085 18884 11168 17196 23420 ndash54 119286 125388 125370 120008 67 65 61 58 67 IV 120386 83537 19599 11691 17838 23437 ndash40 120011 126566 126191 121360 37 25 38 26 46
2004 I 121179 84276 19701 11970 18292 23549 ndash25 120665 127524 127010 122340 27 22 31 26 33 II 121959 84651 20557 12157 19026 23635 ndash15 121184 128833 128057 122851 26 17 42 33 17 III 122867 85391 20821 12247 19304 23721 ndash09 122242 129926 129301 123867 30 35 34 39 34 IV 123872 86313 21249 12528 19794 23576 00 123161 131136 130425 124607 33 30 38 35 24
2005 I 125150 87001 21700 12762 19909 23599 ndash03 124241 132297 131388 126234 42 36 36 30 53 II 125707 87862 21313 13036 20129 23624 01 125552 132799 132644 126677 18 43 15 39 14 III 126705 88529 21551 13039 20253 23839 00 126585 133918 133799 127769 32 33 34 35 35 IV 127356 88749 22328 13366 20821 23734 00 126542 134812 133999 128124 21 ndash01 27 06 11
2006 I 128964 89658 22663 13887 21215 23971 00 128319 136294 135650 129747 51 57 45 50 52 II 129487 90198 22631 14121 21452 23991 ndash02 128773 136821 136107 130216 16 14 16 14 15 III 129504 90739 22312 14142 21709 24027 ndash07 128828 137076 136400 130096 01 02 07 09 ndash04 IV 130384 91583 21667 14735 21682 24094 ndash13 130053 137333 137001 131073 27 39 07 18 30
2007 I 130561 92092 21451 14965 21998 24067 ndash16 130382 137594 137415 131226 05 10 08 12 05 II 131736 92445 21930 15213 22107 24268 ndash13 131262 138632 138158 132484 36 27 31 22 39 III 132698 92852 21763 15780 22160 24479 ndash16 132318 139083 138703 134058 30 33 13 16 48 IV 133260 93126 21236 16219 21865 24553 ndash09 133140 138901 138782 135110 17 25 ndash05 02 32
2008 I 132668 92891 20557 16439 21941 24739 ndash17 132778 138180 138288 134317 ndash18 ndash11 ndash21 ndash14 ndash23 II 133105 92858 20240 16939 21801 24845 24 133259 137945 138097 134766 13 15 ndash07 ndash05 13 III 131869 91960 19347 16787 21433 25107 101 132256 136465 136846 133674 ndash37 ndash30 ndash42 ndash36 ndash32 IV 128835 90760 17446 15806 20586 25205 204 129729 133533 134415 129919 ndash89 ndash74 ndash83 ndash69 ndash108
2009 I 127110 90395 15160 14525 18560 25316 274 128703 131037 132618 128195 ndash53 ndash31 ndash73 ndash52 ndash52 II 127010 89993 14007 14546 17774 25904 334 128900 130144 132023 128068 ndash03 06 ndash27 ndash18 ndash04 III 127467 90462 13948 15023 18493 26143 384 129283 130820 132623 128953 14 12 21 18 28 IV 128731 90454 15211 15852 19327 26211 330 129102 132093 132456 130345 40 ndash06 40 ndash05 44
2010 I 129476 91008 15914 16082 19809 26004 277 129147 133093 132759 131219 23 01 31 09 27 II 130196 91594 16464 16454 20742 26187 239 129854 134389 134039 132165 22 22 39 39 29 III 131035 92160 17101 16839 21428 26167 196 130055 135534 134548 133011 26 06 35 15 26 IV 131812 93085 16843 17247 21430 25874 193 131356 135905 135441 133742 24 41 11 27 22
2011 I 131838 93809 16616 17488 21654 25407 172 131544 135921 135619 133943 01 06 00 05 06 II 132647 94032 17113 17664 21660 25354 144 132341 136552 136238 134861 25 24 19 18 28 III 133069 94419 17358 17929 21908 25166 105 133112 136964 136996 135347 13 23 12 22 14 IV 134410 94893 18673 17993 22173 25027 ndash03 133614 138514 137713 136729 41 15 46 21 41
2012 I 135064 95468 18951 18187 22342 24837 ndash37 134401 139144 138475 136938 20 24 18 22 06 II 135580 95820 19340 18424 22668 24748 ndash84 134811 139759 138985 15 12 18 15
NOTE The residual is the difference between gross domestic product and the sum of the detailed components shown in this table
193 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1929 7733 8363 8724 7544 4667 6258 5425 33695 2244 9786 2906 2421 6181 2851 10620 7848 7740 1930 7067 7915 8034 7387 3113 4796 4471 28836 1779 5949 2402 2106 6812 3158 11690 7311 7075 1931 6609 7667 7741 7199 1956 3326 2929 18557 1187 4975 1996 1837 7095 3266 12197 6881 6610 1932 5745 6979 6835 6764 0590 1934 1754 11365 0695 2627 1564 1524 6860 3340 11629 6097 5743 1933 5671 6824 6785 6513 0869 1709 1581 8816 0712 2146 1574 1588 6633 4130 10421 5911 5663 1934 6288 7312 7405 6832 1570 2210 2014 9940 0984 2938 1749 1622 7482 5541 10956 6474 6271 1935 6846 7758 8013 7070 2906 2864 2552 11028 1341 4111 1845 2125 7687 5639 11306 6876 6831 1936 7740 8548 9078 7505 3726 3814 3451 14477 1840 5205 1938 2101 8971 8514 11371 7786 7713 1937 8137 8864 9348 7857 4653 4472 4134 18358 2139 5661 2441 2364 8592 7666 11369 8111 8117 1938 7857 8722 9140 7794 3076 3543 3031 14689 1489 5691 2414 1837 9252 8465 12035 7995 7841 1939 8492 9209 9773 8097 3956 4252 3383 15500 1718 8062 2549 1930 10067 9077 13229 8586 8473 1940 9236 9686 10380 8410 5510 5108 4187 17596 2227 9093 2899 1976 10350 10163 12794 9169 9205 1941 10813 10373 11204 8909 6729 5828 4930 20899 2611 9661 2973 2430 17205 26817 11982 10640 10782 1942 12809 10127 10340 9400 3555 3289 2902 12917 1498 4887 1964 2206 40483 82370 10867 12859 12763 1943 14906 10411 10239 10151 2099 2539 2425 9387 1345 2904 1655 2782 60224 130288 9876 15168 14842 1944 16109 10707 10316 10718 2594 3118 3221 12292 1799 2500 1778 2912 67771 148703 9525 16396 16039 1945 15929 11370 11021 11293 3424 4268 4525 16574 2576 2940 2491 3096 59168 127726 9855 16262 15853 1946 14186 12784 13059 11807 8778 7872 6673 32740 3213 12338 5379 2566 20344 34335 10837 14036 14137 1947 14059 13029 13438 11856 8433 9469 7765 29776 4367 15901 6133 2436 17281 25367 12329 14330 14031 1948 14677 13323 13708 12170 10775 10428 8172 31334 4596 19026 4831 2843 18542 27378 13112 14600 14660 1949 14601 13692 14120 12464 8226 9533 7422 30294 4029 17588 4786 2742 20755 30046 15108 14947 14577 1950 15878 14570 15214 13011 11615 11385 8104 32461 4447 24064 4190 3241 20779 28399 16349 15820 15853 1951 17106 14799 15033 13780 11649 10906 8479 34946 4576 20145 5135 3369 28386 47155 16475 16944 17093 1952 17761 15266 15371 14399 10534 10701 8315 34809 4445 19784 4913 3665 34178 61369 16749 17846 17747 1953 18579 15995 16167 15006 11029 11448 9062 37902 4848 20485 4584 4010 36627 66331 17578 18726 18554 1954 18461 16331 16340 15530 10517 11627 8868 39201 4576 22183 4806 3812 34132 57637 19115 18778 18445 1955 19791 17536 17844 16311 13072 13141 9851 42011 5203 25776 5319 4271 32885 52422 20494 19836 19778 1956 20182 18049 18112 17094 12894 13191 10413 46421 5341 23678 6197 4618 32912 51508 21156 20290 20180 1957 20588 18497 18422 17685 12333 13048 10571 46396 5480 22230 6737 4812 34379 53343 22408 20812 20591 1958 20403 18658 18234 18260 11312 12113 9410 43866 4680 22463 5826 5040 35484 53320 24312 20661 20385 1959 21866 19718 19381 19164 13603 13804 10159 44917 5237 28170 6427 5571 36688 54992 25232 21965 21840 1960 22408 20260 19721 19915 13600 13922 10737 48488 5459 26165 7543 5645 36751 53496 26338 22542 22391 1961 22930 20677 19846 20648 13512 13879 10670 49151 5354 26238 7583 5607 38600 55739 27961 23082 22925 1962 24319 21700 20867 21624 15227 15133 11602 51393 5974 28754 7965 6243 40977 60488 28818 24356 24325 1963 25382 22593 21701 22543 16249 16306 12247 51986 6476 32142 8535 6411 42032 60526 30552 25450 25393 1964 26851 23939 22994 23885 17589 17882 13701 57399 7303 34011 9540 6752 42958 59725 32626 26969 26867 1965 28575 25453 24623 25204 20058 19708 16088 66553 8641 33017 9807 7471 44250 59697 34813 28534 28588 1966 30437 26897 26184 26453 21825 20838 18100 71109 10024 30063 10487 8581 48149 66303 36998 30250 30423 1967 31206 27703 26697 27541 20827 20453 17856 69313 9958 29117 10728 9206 51844 72903 38868 31178 31193 1968 32717 29301 28350 29009 22039 21881 18654 70299 10578 33086 11572 10578 53472 73491 41168 32735 32709 1969 33733 30399 29216 30303 23323 23242 20070 74096 11513 34063 12131 11181 53347 70969 42557 33762 33710 1970 33798 31112 29447 31487 21791 22754 19963 74300 11399 32026 13435 11658 52059 65738 43738 34075 33772 1971 34932 32297 30679 32574 24275 24477 19964 73082 11512 40808 13663 12280 50926 60677 45077 35024 34923 1972 36788 34283 32685 34458 27150 27420 21797 75359 12997 48061 14689 13662 50556 58197 46068 36878 36784 1973 38920 35982 34378 36091 30331 29926 24968 81520 15381 47752 17458 14296 50379 55748 47381 38845 38995 1974 38705 35683 33124 36783 28097 28055 25177 79755 15774 37895 18837 13972 51648 56243 49164 38734 38835 1975 38623 36492 33349 38164 23120 25042 22689 71355 14272 32975 18718 12419 52812 56426 50970 39148 38657 1976 40695 38525 35684 39802 27791 27511 23800 73073 15164 40740 19536 14848 53049 56453 51346 40689 40776 1977 42566 40146 37215 41447 31989 31465 26486 76079 17449 49486 20006 16471 53630 57647 51532 42475 42681 1978 44940 41916 38753 43375 35846 35274 30450 87058 20106 52602 22115 17898 55210 59092 53216 44818 45034 1979 46345 42912 39373 44700 36989 37265 33517 98098 21861 50672 24307 18195 56241 60519 53998 46419 46581 1980 46217 42761 38376 45389 32926 34844 33429 103837 21075 39949 26925 16987 57337 63390 53958 46716 46449 1981 47390 43410 38830 46203 35886 35623 35333 112161 21971 36747 27256 17433 57860 66420 52873 47359 47542 1982 46470 44015 39101 47103 30859 33125 34003 110325 20829 30075 25173 17214 58876 68989 52898 47071 46651 1983 48570 46531 41589 49568 33733 35541 33563 98404 21950 42524 24524 19386 61027 73561 53514 49055 48719 1984 52060 48998 44586 51508 43672 41543 39486 112125 26303 48836 26526 24105 63078 75829 55444 51619 52155 1985 54214 51551 46931 54173 43266 43729 42103 120095 27974 49608 27331 25669 67471 81771 58879 54347 54151 1986 56092 53642 49556 55784 42971 44237 40901 106935 28504 55696 29429 27863 71573 86407 62669 56412 55899 1987 57887 55297 50448 58007 44295 44480 40870 103859 28895 56807 32594 29511 73300 89477 63575 57981 57672 1988 60266 57525 52322 60469 45337 45947 43008 104539 31074 56231 37815 30671 74220 88010 65933 60457 60093 1989 62420 59152 53643 62301 47156 47328 45409 106616 33351 54524 42161 32022 76240 89379 68340 62521 62242 1990 63591 60359 53975 64151 45569 46340 45633 108187 33361 49819 45954 33168 78655 91185 71112 63834 63482 1991 63442 60450 52904 65110 41862 43335 43186 96150 32504 45032 49005 33118 79514 91000 72585 63850 63276 1992 65595 62511 54571 67431 45254 45904 44565 90354 34873 51263 52370 35440 79885 89351 74156 65833 65403 1993 67466 64731 56838 69589 49299 49839 48456 89768 39226 55450 54086 38505 79253 85842 75244 67669 67263 1994 70214 67203 59836 71666 55998 54500 52915 91405 43904 60840 58802 43098 79245 82555 77197 70004 69913 1995 71980 69021 61623 73488 57743 58010 58478 97235 49158 58850 64755 46547 79705 80353 79247 72102 71711 1996 74672 71429 64383 75640 62851 63213 63940 102744 54383 63550 70133 50595 80507 79423 81090 74799 74395 1997 78000 74066 67453 77973 70672 69045 71658 110280 61861 64751 78490 57409 82020 78641 83980 77740 77620 1998 81397 77950 72010 81409 77747 76537 80264 115911 70837 69732 80281 64119 83759 77758 87291 81192 80937 1999 85326 82213 77745 84744 84592 83658 88640 116049 80857 74092 83785 71500 86761 79270 91179 85155 84928
194 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
2000 88857 86382 81847 88944 90371 89843 97327 125101 89320 74834 90985 80813 88519 79661 93744 88745 88515 2001 89816 88718 84417 91134 84023 88142 94614 123191 86438 75258 85880 78540 91917 82901 97236 90527 89582 2002 91445 91080 87848 92870 82879 84412 87112 101377 82789 79204 84160 81213 96192 88953 100473 91733 91171 2003 93769 93650 91890 94611 86090 87390 88290 97514 85377 85712 85514 84806 98336 94839 100408 94015 93631 2004 97021 96731 95988 97134 94749 93880 93740 98571 92138 94130 93677 94212 99668 98710 100234 96885 97024 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 2006 102658 102850 103322 102599 102742 102375 108027 109180 107590 92667 108969 106099 101359 102127 100910 102596 102423 2007 104622 105218 106394 104599 99412 100390 115039 124578 111168 75379 119108 108652 102713 103399 102311 104808 104731 2008 104270 104637 103776 105067 89296 93228 114125 132595 106411 57345 126376 105733 105381 110819 102310 104991 104692 2009 101069 102602 100697 103558 67124 75494 93507 104659 88911 44489 114835 91422 109262 117613 104568 102598 101328 2010 103486 104460 104304 104554 76327 75326 94148 88308 96822 42862 127623 102832 109955 122883 102711 103478 104193 2011 105356 107103 108263 106543 80284 80311 102288 90733 107473 42268 136152 107746 106497 119480 99224 105506 106304
1947 I 14028 12846 13203 11757 8686 9295 7874 29902 4450 14609 6532 2514 17184 25544 12014 14201 13996 II 14006 13060 13440 11927 7986 9048 7750 29743 4356 13882 6450 2563 17293 25597 12177 14294 13979 III 13995 13102 13530 11901 7730 9355 7596 29945 4209 16009 6122 2273 17451 25611 12461 14410 13967 IV 14207 13106 13580 11839 9332 10178 7841 29515 4454 19103 5429 2395 17193 24718 12663 14415 14182
1948 I 14433 13172 13600 11966 10343 10521 8327 30127 4830 18876 5181 2701 17534 25559 12644 14477 14414 II 14698 13325 13724 12154 11025 10512 8038 30967 4509 19977 4697 2808 18378 27116 13008 14582 14682 III 14777 13344 13710 12219 11143 10399 8058 31892 4451 19341 4807 2955 18735 27669 13239 14607 14761 IV 14800 13450 13800 12342 10588 10279 8264 32349 4594 17908 4638 2907 19523 29169 13559 14733 14784
1949 I 14594 13472 13779 12420 8941 9691 7873 31740 4305 16562 5193 2820 20081 29756 14120 14793 14575 II 14541 13678 14081 12483 7690 9383 7563 30997 4095 16276 5148 2779 20990 30874 14925 14985 14520 III 14704 13709 14153 12457 8364 9360 7187 29626 3879 17671 4718 2665 21201 30534 15546 14978 14679 IV 14566 13910 14469 12495 7907 9696 7064 28813 3836 19841 4084 2705 20750 29021 15843 15033 14535
1950 I 15155 14141 14749 12650 9891 10310 7264 30186 3902 22093 4017 2781 20403 27640 16237 15274 15124 II 15616 14373 14906 12970 10998 11267 7914 31709 4342 24235 4065 2935 20737 28254 16375 15685 15587 III 16227 15111 16022 13171 11988 12108 8624 33545 4809 25567 4171 3621 20339 27251 16387 16249 16209 IV 16513 14656 15178 13254 13581 11856 8612 34404 4733 24363 4509 3628 21635 30451 16397 16072 16492
1951 I 16721 15010 15512 13616 12149 11416 8389 34516 4532 23068 4734 3628 23948 36413 16235 16547 16695 II 16999 14586 14725 13708 12450 10890 8505 35688 4540 19961 5200 3508 27241 44208 16511 16625 16987 III 17337 14756 14887 13880 11488 10714 8600 35472 4640 18688 5328 3211 30332 51849 16591 17175 17328 IV 17367 14842 15007 13915 10509 10603 8422 34108 4593 18861 5278 3127 32023 56150 16564 17430 17364
1952 I 17542 14876 14935 14087 10755 10729 8455 34149 4619 19354 5559 3490 33015 58600 16616 17573 17530 II 17561 15168 15270 14307 9862 10877 8550 34395 4682 19711 4948 3472 34134 60920 16969 17858 17550 III 17679 15241 15254 14497 10387 10210 7777 34682 3989 19513 4557 3684 34472 62487 16510 17684 17665 IV 18263 15780 16025 14704 11132 10987 8477 36010 4490 20560 4588 4014 35090 63469 16900 18270 18243
1953 I 18604 15968 16236 14854 11353 11428 8942 37095 4806 20881 4511 3916 36281 65942 17262 18665 18580 II 18745 16064 16268 15032 11392 11490 9003 37807 4803 20940 4539 4119 37079 68018 17232 18813 18726 III 18631 16027 16131 15124 11124 11499 9208 38017 4965 20146 4721 4103 36631 66162 17693 18767 18601 IV 18336 15920 16033 15012 10248 11375 9096 38688 4815 19972 4565 3901 36517 65201 18124 18660 18308
1954 I 18249 15979 16023 15152 10162 11196 8825 39082 4549 20182 4360 3676 35540 61731 18775 18551 18230 II 18272 16187 16179 15414 10127 11379 8732 39353 4448 21496 4987 4006 34282 58425 18848 18627 18252 III 18478 16407 16350 15682 10645 11833 8970 39267 4659 22808 4827 3765 33455 55519 19373 18811 18458 IV 18848 16751 16806 15872 11135 12098 8944 39101 4649 24245 5049 3801 33252 54873 19463 19125 18839
1955 I 19391 17127 17322 16058 12322 12587 9104 40312 4692 26044 5236 4025 33212 53552 20280 19490 19381 II 19711 17455 17810 16176 13101 13128 9676 41312 5108 26429 5114 4253 32882 52337 20546 19746 19697 III 19975 17671 18058 16342 13288 13418 10171 42683 5427 25865 5450 4325 33082 52889 20514 20034 19960 IV 20086 17893 18186 16668 13576 13431 10451 43738 5586 24768 5474 4482 32365 50910 20634 20076 20074
1956 I 19995 17922 18105 16828 13120 13145 10257 45096 5310 24114 5734 4670 32347 50530 20857 20032 19997 II 20152 17982 18078 16989 12971 13251 10417 46703 5322 23970 6121 4645 33025 51855 21113 20254 20152 III 20126 18022 18003 17168 12819 13229 10501 46999 5372 23499 6324 4686 32713 50911 21218 20262 20130 IV 20455 18270 18261 17392 12667 13138 10476 46887 5359 23131 6608 4471 33563 52735 21434 20612 20439
1957 I 20581 18396 18432 17459 12463 13138 10551 46482 5456 22801 7039 4826 34252 53672 21973 20793 20587 II 20531 18429 18365 17609 12446 13011 10523 46450 5434 22250 6830 4864 34039 52858 22158 20716 20549 III 20729 18576 18519 17738 12743 13142 10745 46458 5625 21950 6639 4770 34300 53050 22471 20872 20738 IV 20511 18585 18374 17933 11679 12902 10466 46194 5405 21918 6440 4787 34925 53793 23030 20867 20490
1958 I 19956 18332 17935 17916 10811 12103 9709 45328 4824 21051 5801 4858 34535 51864 23681 20333 19942 II 20078 18483 17990 18175 10555 11760 9290 43825 4581 21104 5829 5066 35400 53530 24023 20439 20065 III 20549 18785 18329 18419 11426 11927 9150 42825 4538 22643 5847 4989 35621 53321 24548 20737 20528 IV 21028 19034 18683 18530 12456 12662 9491 43486 4777 25055 5829 5250 36381 54566 24996 21137 21003
1959 I 21453 19386 19117 18769 13159 13439 9786 43334 5039 27906 6214 5385 36145 53666 25203 21573 21424 II 21995 19684 19420 19048 14258 13874 10085 44676 5192 28897 6421 5645 36696 54950 25272 21945 21962 III 21969 19889 19573 19304 13266 14044 10404 46005 5362 28351 6625 5698 37158 56085 25294 22212 21945 IV 22046 19912 19414 19537 13730 13857 10363 45655 5354 27524 6448 5554 36753 55268 25159 22128 22030
1960 I 22540 20103 19609 19714 15215 14341 10762 47560 5549 28314 7255 5764 36029 52782 25597 22370 22516 II 22435 20357 19883 19933 13675 14052 10929 48124 5648 25986 7716 5807 36322 52580 26223 22584 22414 III 22472 20276 19756 19909 13594 13676 10657 48216 5411 25197 7522 5637 37197 54212 26614 22552 22457 IV 22184 20303 19637 20102 11915 13620 10598 50051 5227 25164 7677 5371 37456 54410 26919 22662 22179
1961 I 22315 20297 19451 20304 12219 13449 10375 49824 5056 25261 7625 5345 37946 54339 27792 22680 22319 II 22733 20599 19745 20600 13129 13647 10589 48994 5297 25352 7519 5410 38037 54847 27604 22923 22725 III 23100 20699 19874 20662 14229 13975 10677 49022 5369 26721 7478 5768 38783 56387 27838 23100 23093 IV 23570 21114 20316 21026 14469 14446 11038 48764 5692 27618 7709 5905 39635 57381 28610 23625 23563
195 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1962 I 23993 21338 20554 21225 15332 14755 11294 49678 5841 28116 7690 6085 40336 59488 28403 23914 23982 II 24258 21600 20756 21542 15184 15203 11631 51488 5991 28995 8428 6218 40555 59733 28607 24321 24261 III 24482 21776 20915 21728 15455 15325 11781 52844 6017 28971 7957 6297 41478 61530 28972 24510 24485 IV 24542 22084 21242 22002 14936 15250 11701 51563 6045 28933 7785 6374 41538 61199 29288 24679 24571
1963 I 24863 22233 21441 22089 15765 15428 11683 49768 6164 29978 7967 6226 41285 59714 29839 24843 24880 II 25174 22446 21618 22330 15995 16144 12056 52126 6303 32135 8900 6373 41233 59161 30110 25265 25182 III 25648 22752 21835 22721 16517 16562 12421 52488 6586 32730 8424 6534 43001 62445 30915 25713 25656 IV 25843 22941 21909 23031 16720 17091 12829 53562 6851 33726 8847 6513 42610 60783 31346 25980 25856
1964 I 26423 23394 22416 23403 17407 17743 13148 54952 7018 35792 9389 6507 42768 60473 31813 26548 26449 II 26727 23806 22888 23729 17327 17695 13483 56815 7161 33990 9545 6653 43045 60070 32544 26864 26742 III 27090 24243 23422 24039 17739 17978 13941 58681 7409 33435 9471 6832 43071 59598 32899 27197 27109 IV 27165 24311 23250 24368 17884 18110 14231 59147 7622 32825 9753 7017 42947 58760 33247 27267 27168
1965 I 27832 24852 24007 24645 19683 18935 15187 62180 8208 32940 8701 6764 42843 58020 33562 27699 27858 II 28210 25126 24181 25018 19682 19465 15759 66513 8361 33197 10335 7562 43396 58132 34414 28199 28240 III 28782 25558 24676 25360 20385 19992 16355 67213 8820 33327 9743 7593 44897 60480 35383 28729 28792 IV 29477 26276 25627 25791 20479 20441 17051 70307 9175 32605 10449 7964 45862 62158 35893 29509 29462
1966 I 30200 26664 26109 26059 22211 21205 17794 71978 9687 33346 10266 8169 46687 63579 36338 30001 30187 II 30301 26733 25979 26343 21805 20931 18071 70590 10040 30671 10715 8373 47514 65262 36619 30137 30287 III 30500 27039 26353 26560 21589 20924 18291 72162 10104 29674 10313 8842 48800 67904 37042 30388 30481 IV 30747 27151 26298 26850 21693 20290 18244 69704 10265 26561 10653 8941 49594 68469 37995 30474 30735
1967 I 31018 27310 26366 27099 21099 19813 17858 70424 9867 25762 10859 9082 51699 73163 38465 30782 31001 II 31025 27682 26825 27361 20199 20320 17794 68421 9976 28691 10760 9009 51418 72103 38675 31111 31002 III 31272 27824 26746 27734 20779 20520 17704 69145 9838 30129 10498 9127 51953 73249 38827 31270 31268 IV 31511 27996 26851 27968 21229 21160 18069 69260 10149 31884 10797 9608 52307 73097 39504 31547 31499
1968 I 32160 28664 27706 28406 21691 21671 18637 70618 10536 32079 11111 10174 53220 74368 40197 32207 32149 II 32706 29104 28121 28853 22568 21560 18313 70020 10300 32889 11332 10330 53466 73771 40979 32531 32696 III 32930 29651 28810 29226 21835 21878 18557 69568 10555 33480 11998 10951 53578 73136 41568 32997 32925 IV 33072 29787 28763 29550 22062 22415 19107 70990 10922 33897 11845 10858 53622 72689 41927 33206 33065
1969 I 33593 30120 29148 29814 23515 23122 19672 72087 11332 35118 10424 9834 53674 72285 42268 33550 33583 II 33691 30313 29169 30180 23328 23223 19885 72659 11474 34741 12760 11774 53450 71132 42623 33715 33671 III 33904 30459 29221 30420 23867 23610 20422 76085 11655 34457 12454 11622 53525 71182 42713 33889 33872 IV 33745 30702 29326 30797 22582 23013 20300 75553 11593 31937 12886 11494 52739 69277 42625 33896 33714
1970 I 33692 30891 29374 31124 21875 22931 20182 74959 11539 32001 12997 11456 52455 67908 43021 33988 33667 II 33753 31032 29457 31319 21943 22421 20072 74192 11508 29868 13569 11683 51777 65781 43251 33923 33736 III 34054 31304 29638 31673 22318 22820 20174 74462 11575 31460 13525 11656 52001 64808 44228 34227 34031 IV 33693 31219 29318 31833 21026 22842 19423 73588 10972 34776 13649 11837 52002 64455 44451 34163 33653
1971 I 34622 31816 30259 32051 23756 23353 19600 73404 11148 36632 13701 11697 51160 61946 44653 34586 34614 II 34818 32107 30508 32373 24492 24319 19890 73214 11430 40329 13674 12580 50996 61053 44952 34825 34822 III 35096 32364 30704 32680 24814 24779 19970 72951 11527 42316 14236 12858 50964 60796 45063 35131 35073 IV 35194 32902 31244 33193 24038 25456 20397 72760 11941 43956 13042 11986 50584 58915 45642 35555 35183
1972 I 35823 33341 31536 33761 25738 26601 21083 74662 12395 46888 14423 13738 50768 59155 45792 36049 35818 II 36672 33978 32370 34174 27313 27070 21432 75081 12680 47807 14004 13250 51083 60101 45695 36647 36658 III 37024 34502 32933 34638 27702 27368 21767 75247 12979 47918 14849 13526 50030 56860 46068 36978 37028 IV 37634 35311 33899 35257 27846 28641 22905 76445 13934 49630 15479 14135 50344 56673 46717 37838 37632
1973 I 38596 35957 34709 35712 29614 29851 23975 78942 14697 51300 16613 14788 50839 57611 46928 38667 38630 II 39043 35939 34374 36011 30998 30110 24954 81408 15378 48690 17414 14362 50536 56718 47009 38857 39094 III 38835 36068 34385 36252 29786 30022 25373 83248 15587 46624 17472 13965 49887 54311 47503 38905 38944 IV 39205 35963 34044 36389 30926 29720 25572 82482 15861 44396 18331 14069 50254 54354 48085 38950 39314
1974 I 38861 35648 33489 36334 28952 29018 25544 82018 15882 41140 18565 13592 51305 56066 48713 38902 39043 II 38961 35772 33384 36689 28809 28601 25487 81680 15862 39346 19468 14312 51651 55977 49339 38945 39116 III 38575 35919 33492 36869 27184 28097 25190 78135 15968 38050 18418 14062 51728 56258 49286 38825 38693 IV 38424 35393 32132 37241 27442 26504 24486 77186 15383 33043 18899 13922 51908 56671 49317 38261 38486
1975 I 37956 35690 32365 37588 22622 24881 22984 73213 14356 31002 19032 12526 52544 56034 50778 38560 37966 II 38246 36285 33056 38054 21836 24531 22383 70455 14074 31668 18479 11523 52140 55584 50401 38956 38256 III 38891 36802 33872 38238 23686 25144 22589 70853 14231 33873 18167 12481 53057 56970 51025 39306 38920 IV 39399 37192 34103 38776 24337 25613 22799 70901 14429 35356 19195 13147 53507 57115 51675 39770 39486
1976 I 40294 37935 35101 39229 26857 26674 23211 72812 14622 38970 19061 13971 53640 56588 52238 40320 40363 II 40597 38283 35524 39488 28002 27130 23494 72592 14919 40091 19254 14576 53052 56466 51342 40456 40679 III 40796 38688 35837 39969 28054 27414 24008 73329 15338 39437 19813 15171 52773 56306 50983 40706 40880 IV 41092 39192 36272 40522 28249 28825 24487 73558 15778 44464 20014 15673 52732 56450 50821 41275 41184
1977 I 41569 39640 36666 41005 29639 29867 25438 73307 16730 45805 19693 16415 53210 56919 51310 41662 41714 II 42395 39859 36936 41164 31930 31534 26172 76049 17144 51045 20224 16566 53763 57857 51614 42332 42525 III 43154 40239 37233 41610 33670 31942 26720 77201 17553 50884 20380 16335 53861 58191 51560 42777 43273 IV 43145 40846 38027 42010 32719 32518 27615 77757 18369 50211 19726 16567 53688 57621 51645 43126 43214
1978 I 43292 41085 37814 42681 33368 32791 27888 77607 18655 50464 20191 17679 53775 57823 51657 43181 43422 II 44995 41963 38899 43324 35659 35171 30240 85196 20112 52888 22295 17735 55227 59202 53172 44895 45036 III 45436 42139 38931 43634 36760 36182 31320 90815 20535 53623 22540 17966 55667 59411 53768 45306 45509 IV 46037 42478 39370 43862 37596 36953 32353 94614 21119 53434 23434 18213 56172 59932 54268 45888 46168
196 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1979 I 46114 42693 39340 44308 37590 37234 33057 94087 21884 52185 23454 18163 55667 60013 53375 46033 46256 II 46158 42668 39008 44584 37503 36945 32958 95449 21621 51211 23516 18261 56255 60755 53869 46031 46358 III 46489 43087 39657 44762 36773 37616 33985 99899 22115 50602 24363 17982 56337 60661 54066 46699 46794 IV 46617 43202 39489 45148 36089 37265 34070 102958 21825 48691 25896 18375 56704 60647 54683 46912 46916
1980 I 46767 43127 39289 45199 35827 36739 34444 104548 22009 44965 26619 18389 57616 62588 54936 47003 47077 II 45809 42148 37670 44894 32595 33543 32696 102253 20527 36646 27120 17054 57795 64162 54218 46081 46076 III 45724 42600 38057 45391 30110 33874 32942 102762 20716 37273 27063 15828 56998 63297 53456 46682 45956 IV 46569 43168 38490 46070 33172 35220 33635 105785 21049 40915 26899 16677 56940 63511 53223 47099 46687
1981 I 47537 43404 39043 45985 36468 35478 34177 105721 21613 40183 27407 17389 57696 64826 53623 47331 47679 II 47158 43404 38731 46289 34732 35712 34866 109705 21813 38821 27555 17416 57825 66761 52596 47425 47273 III 47731 43580 39122 46250 36888 35716 35715 112472 22329 35826 26969 17217 57694 66689 52427 47480 47871 IV 47136 43250 38423 46287 35457 35586 36574 120746 22130 32157 27094 17711 58225 67403 52844 47200 47343
1982 I 46363 43530 38808 46457 31763 34507 35709 116906 21735 30303 25919 17206 58167 67508 52680 47067 46545 II 46614 43686 38799 46762 31735 33301 34432 113096 20906 29347 26075 16925 58506 68120 52846 47047 46860 III 46434 44021 39005 47202 31365 32373 33269 106861 20524 29254 24920 17710 58906 69141 52850 46739 46590 IV 46471 44824 39792 47992 28572 32321 32600 104435 20150 31396 23779 17015 59923 71185 53217 47431 46608
1983 I 47049 45263 40000 48622 29589 33027 31990 100175 20082 36747 24163 17405 60373 72042 53408 47932 47176 II 48106 46162 41179 49243 32445 34302 32381 95420 21114 41100 24236 18743 60889 73574 53279 48611 48257 III 49055 46978 42093 49949 34626 36352 33845 97652 22342 45171 24601 20203 61946 75639 53700 49512 49208 IV 50069 47723 43084 50458 38272 38482 36037 100370 24262 47080 25097 21194 60899 72990 53667 50163 50234
1984 I 51040 48132 43667 50707 42278 39689 37212 106076 24734 48388 25622 22897 61512 73614 54281 50498 51157 II 51921 48820 44641 51134 43704 41321 39062 111401 25957 49283 26259 23857 62838 75924 54984 51424 52034 III 52426 49197 44669 51801 44720 42202 40349 114917 26832 48810 26839 24474 63302 75634 55942 51898 52530 IV 52853 49845 45367 52391 43986 42960 41322 116107 27691 48861 27384 25191 64659 78144 56569 52655 52898
1985 I 53351 50690 46067 53338 42536 43292 41802 121028 27531 48709 27403 24635 65400 78977 57256 53547 53301 II 53803 51152 46488 53822 43270 43836 42397 120962 28166 49098 27304 25846 66867 80904 58439 53955 53773 III 54644 52124 47727 54546 42792 43483 41749 118457 27824 49722 26904 25596 68603 83617 59565 54831 54541 IV 55058 52238 47442 54985 44465 44304 42465 119932 28376 50904 27714 26599 69013 83585 60258 55056 54988
1986 I 55587 52674 48163 55175 44373 44368 41882 116932 28169 53080 28590 26575 69759 83141 61759 55622 55470 II 55811 53235 49019 55487 43389 44262 40834 105913 28574 56026 28901 27707 71242 85792 62514 56042 55605 III 56349 54166 50538 55935 42028 44013 40236 102136 28461 56889 29562 28475 72854 89039 63114 56831 56166 IV 56621 54492 50506 56538 42094 44306 40650 102760 28813 56787 30663 28694 72436 87657 63290 57153 56356
1987 I 56935 54409 49473 57205 43380 43428 39532 100357 27965 56637 30686 28522 72732 88179 63449 57000 56689 II 57540 55138 50421 57748 43440 44205 40479 101537 28804 56886 31904 29234 73192 89403 63446 57760 57338 III 58040 55753 51179 58240 43484 45146 41783 105766 29599 56714 33279 29802 73194 89498 63393 58450 57827 IV 59033 55887 50721 58835 46875 45140 41686 107774 29213 56992 34509 30487 74080 90829 64012 58713 58834
1988 I 59338 56820 51918 59545 44234 45081 42007 103705 30124 55759 36421 30345 73721 88361 64922 59581 59200 II 60100 57233 52188 60060 45310 45963 43039 105858 30919 56201 37429 29996 73914 87461 65773 60299 59929 III 60410 57684 52178 60858 45601 46140 43265 104428 31364 56236 38123 30704 73871 86806 66099 60586 60209 IV 61217 58364 53005 61412 46205 46603 43721 104166 31890 56730 39287 31640 75372 89413 66939 61364 61035
1989 I 61792 58578 53079 61728 47975 47067 44460 105845 32442 56358 40442 31786 74909 87583 67290 61660 61600 II 62254 58840 53378 61958 47415 47131 45092 104650 33297 54689 42202 31937 76069 89554 67965 62259 62048 III 62748 59450 54147 62437 46858 47951 46384 108318 34153 54093 42664 31893 76786 90416 68595 63043 62560 IV 62885 59741 53967 63081 46377 47162 45700 107653 33513 52957 43335 32471 77194 89962 69512 63122 62761
1990 I 63542 60214 54691 63356 46833 47748 46307 110021 33819 53496 45229 33500 78385 91312 70609 63807 63391 II 63794 60412 54105 64146 46846 46644 45507 109482 33032 51438 45843 33444 78501 91421 70730 63834 63652 III 63793 60642 53978 64639 45744 46140 45797 109081 33405 48516 46178 33310 78478 90605 71172 63960 63597 IV 63234 60170 53127 64461 42851 44826 44922 104163 33190 45828 46565 32416 79257 91401 71939 63733 63287
1991 I 62928 59998 52671 64505 41106 43291 43763 101920 32266 43102 46899 32047 79579 92110 72031 63478 62851 II 63353 60456 52966 65076 40900 43226 43343 99143 32224 44120 48587 32617 79857 92371 72317 63935 63155 III 63620 60687 53285 65237 41918 43370 42933 92709 32744 45949 49700 33535 79478 90650 72733 64023 63385 IV 63869 60659 52695 65624 43523 43452 42707 90827 32781 46957 50833 34275 79144 88871 73258 63965 63713
1992 I 64570 61703 53888 66542 42555 43902 42515 89684 32744 49352 51739 34525 79745 88899 74201 64953 64404 II 65256 62068 54163 66969 45358 45628 44201 89690 34575 51240 51741 35092 79651 88810 74106 65418 65080 III 65930 62755 54755 67714 45827 46321 45094 90466 35430 51358 52865 35646 80060 89824 74153 66137 65715 IV 66623 63520 55480 68499 47277 47764 46451 91574 36743 53102 53135 36499 80083 89870 74165 66825 66413
1993 I 66746 63778 55695 68783 48388 48042 46746 89242 37427 53344 53255 37289 79239 87106 74467 66781 66610 II 67173 64390 56587 69188 48768 49117 47990 89101 38816 53972 53907 38060 79180 85876 75107 67341 66965 III 67526 65089 57172 69960 48734 49988 48525 89531 39338 55835 53731 38561 79101 84970 75523 67869 67374 IV 68418 65668 57900 70427 51306 52208 50562 91200 41324 58647 55450 40110 79491 85415 75880 68682 68105
197 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1994 I 69084 66399 58881 70976 53519 52902 51065 87474 42484 59891 55981 41045 78480 82358 76093 69050 68835 II 70029 66892 59404 71441 56639 54174 52097 92472 42818 61875 57827 42574 78810 81893 76899 69631 69732 III 70480 67427 59956 71961 55621 54712 53073 92365 43922 61199 60036 43772 80192 84140 77761 70386 70156 IV 71263 68093 61103 72286 58214 56210 55424 93307 46393 60397 61365 45003 79500 81830 78034 70951 70928
1995 I 71438 68172 60799 72630 58805 57493 57689 95652 48538 59055 62493 45990 79816 81630 78659 71254 71195 II 71591 68731 61209 73287 57224 57275 58089 97565 48660 57157 63354 46427 80083 81307 79279 71675 71373 III 72193 69346 61950 73809 56673 58031 58479 98275 48977 58924 66110 46587 79907 80754 79329 72529 71833 IV 72696 69833 62535 74226 58269 59241 59655 97447 50456 60261 67064 47182 79013 77722 79720 72952 72441
1996 I 73194 70472 63036 74953 59036 60738 61136 99185 51830 61845 67909 48716 79519 79341 79556 73582 72995 II 74460 71269 64265 75451 62094 62713 62893 101358 53442 64457 69047 49806 80661 80472 80706 74636 74167 III 75107 71696 64722 75854 65225 64164 64986 102607 55606 64280 69606 51421 80583 79053 81434 74962 74778 IV 75927 72280 65507 76301 65048 65236 66744 107828 56653 63615 73969 52436 81266 78825 82662 76014 75640
1997 I 76511 73008 66391 76921 66567 66510 68447 108777 58432 63831 75378 54675 81411 77764 83534 76548 76139 II 77646 73304 66340 77443 70817 67943 70146 107813 60580 64638 78363 56511 82116 79142 83832 77157 77338 III 78620 74550 68075 78364 72076 70560 73722 111880 63946 64935 80184 58593 82208 78884 84135 78375 78232 IV 79223 75403 69005 79162 73227 71166 74315 112649 64486 65601 80038 59858 82344 78776 84419 78879 78772
1998 I 79972 76153 69541 80042 76723 73308 76885 111433 67764 66771 80415 62103 81849 76319 85101 79375 79596 II 80691 77463 71369 81018 75805 75863 79699 117435 69840 68778 79488 63526 83628 78419 86686 80716 80286 III 81756 78491 72458 82003 77977 77307 80900 117481 71257 70842 79119 64382 84402 77767 88313 81647 81222 IV 83171 79694 74671 82574 80485 79670 83570 117294 74486 72538 82103 66465 85157 78529 89063 83032 82643
1999 I 83912 80480 75597 83271 83019 81148 85509 116811 76910 72969 81472 68158 85593 78010 90065 83578 83482 II 84568 81747 77386 84213 82729 83047 87906 115395 80111 73755 82409 70330 85950 78009 90636 84619 84178 III 85643 82729 78318 85224 84805 84979 90432 115306 83187 74367 84570 72881 87061 79646 91435 85664 85217 IV 87181 83896 79680 86269 87814 85457 90714 116684 83219 75278 86689 74629 88438 81416 92579 86758 86836
2000 I 87409 85169 80896 87574 86586 87955 94085 118937 86812 75867 88184 77656 87714 78194 93332 87633 87021 II 89114 85969 81340 88591 92581 90167 97556 123869 89896 75349 90688 80023 88884 81324 93347 88669 88743 III 89189 86811 82208 89413 91135 90487 98638 128533 90113 74027 92900 82818 88604 79747 93827 89054 88779 IV 89717 87579 82942 90197 91181 90764 99027 129064 90460 74091 92168 82757 88874 79379 94470 89625 89518
2001 I 89422 87928 83159 90621 86364 90227 98096 125506 90180 74430 90960 81550 90188 81069 95564 90079 89102 II 90009 88260 83398 91006 86084 88816 95517 125954 86853 75477 87991 79121 92061 82805 97518 90477 89755 III 89760 88648 84025 91251 84259 87875 93924 126665 84670 75885 83462 77205 91893 83361 96931 90385 89310 IV 90074 90036 87088 91657 79386 85649 90921 114639 84048 75240 81109 76285 93525 84368 98931 91169 90163
2002 I 90844 90347 86914 92251 82028 84863 88755 108414 82967 77249 82405 78196 94958 86376 100030 91352 90591 II 91327 90806 87328 92738 83018 84535 87330 102546 82740 79143 84641 80837 95870 88372 100302 91611 90915 III 91790 91422 88451 93063 83230 84429 86944 97994 83495 79604 85231 82170 96646 89772 100711 92022 91499 IV 91821 91746 88701 93428 83242 83820 85419 96553 81954 80820 84363 83647 97293 91289 100848 91950 91679
2003 I 92204 92210 89300 93811 83343 83937 85193 95591 81943 81601 83584 82638 97091 91315 100511 92337 91940 II 92986 93123 90947 94312 83865 86121 87543 98449 84144 83454 83313 83817 98534 95718 100201 93396 92830 III 94516 94377 93368 94921 86932 88919 89572 98237 86818 87708 85575 84803 98824 95812 100608 94875 94345 IV 95371 94890 93945 95399 90222 90584 90851 97780 88603 90085 89585 87966 98895 96511 100310 95451 95408
2004 I 95999 95730 94926 96164 90693 90405 90128 97210 87837 90898 91717 90207 99366 97749 100325 95972 96178 II 96617 96155 95138 96707 94634 93193 92565 98337 90666 94318 93154 93828 99730 98304 100575 96384 96580 III 97336 96996 96303 97372 95849 95158 95089 99325 93663 95274 93845 95199 100094 100010 100140 97226 97379 IV 98133 98044 97584 98293 97820 96765 97178 99414 96385 96030 95993 97613 99482 98778 99895 97957 97960
2005 I 99145 98825 98656 98917 99893 97949 98055 101195 96951 97776 97786 98181 99577 99190 99806 98816 99240 II 99586 99803 100017 99689 98113 99692 99498 100812 99015 100050 99885 99265 99685 99286 99922 99858 99588 III 100377 100561 100786 100439 99207 100977 100921 98696 101699 101075 99909 99876 100590 101608 99995 100680 100446 IV 100892 100811 100541 100955 102787 101381 101526 99297 102334 101099 102420 102677 100147 99915 100277 100646 100726
2006 I 102166 101843 102277 101612 104330 103749 105886 103696 106721 100024 106411 104622 101147 102763 100205 102059 102001 II 102581 102457 102633 102362 104183 103277 107797 109068 107314 95488 108200 105792 101232 101887 100851 102420 102370 III 102594 103071 103502 102841 102714 101952 108938 111771 107855 89974 108360 107058 101386 101792 101149 102464 102276 IV 103292 104030 104875 103582 99741 100520 109488 112185 108471 85182 112904 106924 101670 102066 101437 103438 103044
2007 I 103432 104608 105555 104107 98750 100223 111223 115080 109728 81458 114672 108480 101552 100828 101960 103700 103164 II 104362 105010 106055 104457 100953 101096 114118 122401 110781 78890 116571 109019 102401 102582 102288 104399 104153 III 105125 105472 106845 104750 100184 100749 116631 129246 111475 73635 120910 109282 103292 104950 102334 105240 105391 IV 105569 105783 107121 105081 97759 99491 118185 131584 112690 67531 124281 107828 103606 105236 102661 105894 106218
2008 I 105101 105515 105599 105465 94633 97363 117944 131860 112220 62104 125966 108203 104391 107703 102501 105606 105595 II 105447 105478 105719 105344 93176 96078 117269 134869 109945 59721 129793 107511 104838 108996 102473 105988 105947 III 104468 104458 103615 104884 89061 92989 114238 133594 106148 56484 128631 105698 105941 112058 102490 105190 105089 IV 102064 103096 100171 104576 80314 86480 107050 130057 97330 51072 121112 101518 106356 114518 101776 103181 102137
2009 I 100697 102681 100211 103924 69786 79032 98291 118743 89688 45843 111295 91526 106825 113639 102992 102365 100781 II 100618 102224 99684 103494 64480 75092 93667 108062 87704 43058 111460 87652 109307 117333 104794 102521 100681 III 100980 102757 101506 103385 64208 74501 91786 99980 88474 44799 115116 91196 110312 119129 105359 102826 101378 IV 101981 102747 101389 103429 70022 73352 90285 91848 89777 44257 121467 95312 110602 120352 105128 102682 102472
2010 I 102572 103377 102691 103729 73259 73180 90749 86033 92913 42934 123231 97689 109727 120535 103665 102718 103159 II 103142 104042 103531 104310 75792 75696 93411 88731 95582 45223 126079 102286 110498 123355 103292 103280 103902 III 103807 104685 104499 104795 78722 75515 95162 88245 98309 41570 129030 105672 110416 124468 102544 103440 104567 IV 104423 105736 106495 105380 77535 76913 97269 90222 100486 41720 132151 105680 109179 123172 101342 104475 105142
2011 I 104443 106559 107915 105903 76492 76660 96954 83055 103161 41577 134004 106787 107210 119864 100117 104624 105300 II 105084 106812 107655 106412 78778 78942 100297 89561 105120 41994 135352 106816 106985 120681 99317 105258 106022 III 105418 107251 108021 106886 79906 81835 104746 93866 109637 42139 137379 108037 106189 119351 98818 105871 106404 IV 106481 107790 109462 106970 85959 83807 107156 96449 111972 43361 137871 109345 105604 118024 98643 106271 107490
2012 I 106999 108443 110722 107318 87241 85785 109108 99421 113460 45433 139356 110179 104804 116751 98103 106897 107655 II 107408 108843 110922 107817 89029 87074 110536 99638 115439 46502 141176 111785 104425 116647 97574 107222
198 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1929 10593 10517 16312 7786 11298 15049 4650 24602 5275 15659 11318 6389 6924 4809 10362 10580 10614 10601 1930 10184 10073 15445 7563 10836 14344 4402 23616 5161 14177 9651 6192 6617 4675 9935 10172 10226 10213 ndash39 ndash41 ndash39 1931 9172 8995 13318 7031 10022 13354 4027 22385 4672 11155 7799 5880 6566 4395 8960 9162 9169 9159 ndash99 ndash98 ndash99 1932 8129 7934 11477 6352 8854 12089 3495 21113 3808 9675 6252 5352 6253 3956 7918 8120 8097 8088 ndash114 ndash116 ndash114 1933 7916 7652 11384 5953 8709 11882 3531 20284 3756 9674 5992 5511 6321 4096 7700 7908 7880 7872 ndash26 ndash28 ndash26 1934 8303 7999 12506 5876 9145 12297 3543 21428 4169 11218 6807 5929 6755 4420 8068 8296 8313 8306 49 48 49 1935 8468 8194 12834 6006 9188 12424 3708 21239 4109 11503 6920 5979 6834 4451 8226 8461 8482 8475 20 20 20 1936 8561 8268 12883 6103 9279 12404 3702 21206 4310 11891 7404 6159 7463 4432 8328 8553 8573 8565 11 12 11 1937 8876 8570 13347 6330 10084 13443 4206 22419 4728 12681 8263 6290 7584 4541 8651 8866 8944 8934 37 39 37 1938 8708 8376 12808 6336 10221 13548 4126 22959 4877 12095 7636 6303 7713 4505 8478 8697 8684 8673 ndash19 ndash20 ndash19 1939 8599 8295 12616 6319 10166 13404 4081 22717 4910 11932 8014 6201 7568 4441 8389 8586 8599 8586 ndash13 ndash10 ndash13 1940 8674 8365 12728 6369 10423 13712 4147 23325 5057 12942 8549 6129 7270 4480 8450 8661 8700 8687 09 07 09 1941 9239 8883 13770 6594 11193 14614 4438 24809 5524 14130 9029 6507 7651 4781 8988 9226 9285 9271 65 64 65 1942 10000 9989 16045 7059 12272 16154 4951 27285 5935 17073 10342 6539 7506 5284 9709 9984 10014 9998 82 80 82 1943 10562 10907 17888 7500 12808 16675 5381 27428 6424 18676 11132 6645 7577 5675 10253 10544 10556 10537 56 56 56 1944 10815 11534 19078 7845 13239 17011 5500 27955 7048 21035 11693 6559 7444 5895 10486 10795 10807 10787 24 23 24 1945 11091 11995 19950 8101 13658 17446 5744 28427 7524 20862 12021 6633 7512 6090 10764 11072 11093 11074 26 27 26 1946 12369 12831 21473 8593 15061 19298 6433 31118 8169 20164 13403 8213 9584 6654 12081 12353 12410 12394 115 122 116 1947 13743 14132 24057 9220 17688 22449 7798 35253 9784 23413 16058 8875 10168 7466 13414 13727 13755 13739 111 110 111 1948 14522 14932 25478 9706 19198 24383 8675 37794 10606 24661 17451 9218 10074 8346 14192 14506 14526 14510 57 58 57 1949 14515 14818 24887 9872 19572 24948 8645 39253 10747 23190 16633 9482 10503 8418 14210 14497 14499 14481 00 01 ndash01 1950 14628 14996 24968 10125 20006 25459 8753 40238 11012 22583 17667 9488 10442 8494 14373 14610 14656 14638 08 11 08 1951 15635 16016 26981 10624 21733 27902 9761 43656 11801 25515 21353 10118 10898 9365 15402 15614 15712 15690 69 72 69 1952 15976 16345 27241 11012 22264 28534 10021 44539 12125 25670 20580 10321 11005 9768 15709 15954 15982 15960 22 20 22 1953 16178 16563 27117 11440 22449 28790 10217 44647 12212 25598 19696 10429 11080 9958 15881 16157 16174 16153 13 11 13 1954 16342 16704 27016 11728 22619 29066 10093 45718 12261 25250 19965 10650 11337 10123 16059 16321 16322 16301 10 11 10 1955 16576 16772 26857 11930 22989 29462 10295 46151 12516 25466 19858 11093 11947 10320 16280 16557 16601 16582 14 14 14 1956 17148 17108 27314 12217 24341 31782 11176 49581 12835 26318 20208 11716 12562 10981 16831 17128 17170 17150 35 34 34 1957 17749 17628 28168 12574 25187 33406 11655 52392 12868 27316 20438 12234 13125 11456 17400 17727 17741 17720 35 34 35 1958 18157 18043 28809 12882 25249 33570 11468 53415 12836 27039 19589 12602 13663 11608 17779 18136 18139 18118 23 22 23 1959 18363 18314 28957 13229 25488 34011 11530 54395 12875 27094 19766 12653 13564 11851 17987 18344 18355 18336 11 12 11 1960 18620 18615 29184 13580 25624 34165 11516 54845 12962 27474 19955 12809 13677 12066 18235 18601 18612 18592 14 14 14 1961 18830 18810 29294 13826 25543 33970 11446 54544 12983 27892 19955 13065 13908 12357 18428 18811 18821 18802 11 11 11 1962 19087 19032 29444 14089 25559 33975 11537 54274 13003 27961 19720 13398 14202 12743 18670 19069 19078 19060 14 13 14 1963 19290 19254 29689 14305 25485 33971 11636 53975 12901 27898 20102 13690 14506 13028 18887 19273 19281 19264 11 12 11 1964 19589 19536 30013 14572 25640 34142 11801 53952 13003 28128 20526 14070 14995 13293 19191 19572 19580 19563 16 16 16 1965 19945 19819 30328 14845 26077 34532 12143 54001 13372 29023 20812 14444 15379 13662 19524 19929 19936 19920 18 17 18 1966 20511 20322 30996 15276 26626 35047 12580 54144 13857 29900 21297 15044 15914 14334 20071 20495 20502 20486 28 28 28 1967 21142 20834 31542 15785 27372 35939 12973 55344 14339 31045 21379 15671 16386 15137 20654 21126 21133 21116 31 29 31 1968 22040 21645 32642 16467 28472 37203 13621 56831 15100 31723 21704 16520 17287 15945 21526 22024 22031 22015 42 42 43 1969 23130 22626 33907 17324 29877 38740 14518 58411 16144 32796 22270 17517 18226 17013 22582 23112 23119 23101 49 49 49 1970 24349 23685 35200 18285 31162 40571 15473 60560 16666 34053 23587 18945 19699 18411 23798 24331 24338 24320 53 54 53 1971 25567 24692 36258 19284 32731 42479 16664 62360 17632 35310 25035 20421 21383 19720 25021 25549 25554 25537 50 51 50 1972 26670 25536 37186 20102 34135 43914 17863 63112 18703 36956 26789 21989 23471 20896 26134 26652 26657 26639 43 44 43 1973 28148 26913 39404 21077 36020 45605 19247 64184 20359 41816 31446 23594 25080 22495 27647 28134 28136 28121 55 58 56 1974 30695 29716 44322 22866 39568 50008 21910 68917 22460 51517 44989 25977 27315 24970 30484 30674 30690 30669 90 103 90 1975 33606 32198 47903 24834 44525 56893 24534 79100 24547 56781 48734 28586 30158 27410 33328 33584 33591 33570 95 93 95 1976 35535 33966 49777 26556 47106 60048 25741 83754 26124 58645 50201 30469 32302 29114 35238 35518 35519 35502 57 57 58 1977 37796 36171 52435 28558 50803 64157 27973 88730 28759 61033 54624 32583 34742 31005 37617 37780 37783 37767 64 68 64 1978 40447 38705 55653 30777 55094 68453 30675 93412 32281 64752 58482 34670 36888 33042 40286 40432 40435 40419 70 71 70 1979 43811 42137 60916 33350 60088 74013 34238 99335 35902 72545 68483 37575 39727 35976 43833 43795 43798 43782 83 88 83 1980 47817 46663 67737 36802 65710 80541 37421 107819 39789 79903 85301 41669 43900 40002 48448 47794 47791 47769 91 105 91 1981 52326 50833 72769 40555 71816 88316 42567 115524 43036 85810 89886 45768 48165 43975 52909 52306 52270 52251 94 92 94 1982 55514 53640 74753 43709 75747 93181 45927 120030 45340 86204 86855 48775 51434 46786 55906 55493 55459 55438 61 57 61 1983 57705 55948 76102 46429 75628 92350 44757 120284 46380 86544 83601 50717 53218 48857 57865 57687 57652 57635 39 35 40 1984 59874 58065 77541 48846 76070 92127 45147 119234 47713 87347 82879 53319 56358 51034 59904 59856 59817 59800 38 35 38 1985 61686 59965 78785 51049 77028 92850 46219 119090 48944 84674 80157 54974 57635 53002 61605 61672 61628 61614 30 28 30 1986 63057 61427 78417 53375 78870 94427 47106 120976 50994 83406 80154 55977 57938 54577 63000 63039 62991 62973 22 23 22 1987 64818 63618 80939 55409 80332 95275 47863 121637 53079 85516 85008 57541 58642 56849 64978 64803 64819 64804 28 31 28 1988 67047 66151 83072 58123 82415 97392 49895 123155 54913 89945 89074 59074 59884 58621 67215 67032 67046 67031 34 34 34 1989 69579 69025 86268 60840 84410 99435 51848 124695 56680 91443 91021 60924 61504 60654 69765 69572 69577 69570 38 38 38 1990 72274 72180 89801 63808 86125 101339 53522 126310 58011 92063 93630 63405 63548 63474 72601 72272 72262 72260 39 41 39 1991 74826 74789 91996 66581 87404 102906 54491 128112 58771 93283 92848 65606 66070 65443 74980 74821 74824 74819 35 33 35 1992 76602 76989 93106 69236 87152 102048 54502 126605 59486 92904 92922 67276 68101 66856 76788 76590 76598 76586 24 24 24 1993 78288 78679 93915 71294 88163 102100 56103 125322 61890 92879 92210 68949 69830 68494 78404 78289 78290 78291 22 21 22 1994 79935 80302 94870 73200 89352 102592 58089 124604 64069 93914 93075 70819 71725 70351 80029 79937 79940 79942 21 21 21
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
August 2012 SURVEY OF CURRENT BUSINESS 187
Table 1 Gross Domestic ProductmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Net exports of
goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Percent change from preceding
period
Gross domestic product
Final sales of
domestic product
Total Goods Services Total
Fixed investment
Change in
private invenshytories
Net Exports Imports Total Federal State and local Total
Nonresidential
Resishydential Total Strucshy
tures
Equipshyment and
software
1994 I 69163 46504 17057 29447 10436 9983 7048 1762 5286 2935 453 ndash807 6812 7618 13029 5120 7910 68710 69446 62 44 II 70443 47098 17268 29830 11069 10255 7205 1874 5331 3050 814 ndash913 7063 7976 13188 5150 8037 69629 70687 76 55 III 71318 47863 17589 30274 10929 10397 7347 1894 5453 3049 532 ndash967 7371 8338 13493 5291 8202 70786 71538 51 68 IV 72482 48567 17948 30618 11457 10705 7656 1941 5716 3049 752 ndash1023 7583 8606 13481 5182 8299 71730 72698 67 54
1995 I 73077 48887 17881 31006 11606 10995 7977 2014 5963 3018 611 ndash1062 7807 8869 13646 5231 8415 72465 73392 33 42 II 73558 49575 18039 31536 11327 10989 8055 2067 5987 2935 337 ndash1106 7977 9083 13763 5217 8546 73221 73903 27 42 III 74525 50229 18262 31967 11262 11149 8112 2105 6006 3038 113 ndash754 8305 9058 13788 5201 8587 74412 74731 54 67 IV 75425 50801 18439 32362 11567 11382 8258 2105 6154 3124 185 ndash706 8386 9092 13764 5102 8662 75241 75746 49 45
1996 I 76382 51565 18710 32855 11700 11632 8414 2144 6270 3218 69 ndash891 8476 9367 14007 5279 8728 76313 76766 52 58 II 78000 52488 19159 33329 12278 11974 8605 2199 6406 3369 305 ndash938 8590 9528 14171 5309 8862 77695 78299 87 74 III 78927 53044 19259 33785 12798 12287 8890 2255 6635 3397 511 ndash1140 8597 9738 14226 5236 8989 78416 79193 48 38 IV 80230 53847 19579 34268 12831 12485 9106 2386 6720 3379 346 ndash883 9043 9926 14435 5255 9180 79883 80547 68 77
1997 I 81370 54671 19867 34804 13206 12708 9301 2430 6871 3407 498 ndash1081 9191 10272 14574 5236 9337 80872 81601 58 50 II 82768 55040 19745 35295 13850 12966 9499 2431 7069 3467 884 ndash847 9550 10397 14724 5335 9390 81884 83077 71 51 III 84099 56133 20205 35929 14149 13469 9956 2551 7405 3513 680 ndash962 9747 10709 14779 5324 9456 83419 84331 66 77 IV 85057 56981 20454 36528 14341 13563 9988 2599 7389 3575 778 ndash1165 9689 10853 14900 5344 9556 84280 85223 46 42
1998 I 86006 57575 20452 37123 14949 13899 10250 2607 7643 3649 1051 ndash1345 9638 10982 14826 5195 9631 84955 86260 45 32 II 86986 58702 20906 37796 14715 14342 10558 2777 7781 3784 373 ndash1618 9478 11096 15187 5348 9839 86613 87214 46 80 III 88472 59680 21218 38462 15127 14603 10667 2801 7865 3936 524 ndash1739 9360 11099 15404 5318 10086 87948 88568 70 63 IV 90275 60782 21825 38957 15640 15039 10971 2820 8151 4068 600 ndash1771 9679 11450 15625 5379 10246 89675 90390 84 81
1999 I 91486 61574 22071 39503 16173 15340 11207 2828 8379 4133 833 ndash2120 9587 11706 15858 5412 10446 90653 91714 55 44 II 92526 62900 22756 40143 16047 15697 11474 2812 8662 4223 351 ndash2509 9712 12222 16088 5443 10645 92175 92805 46 69 III 94051 63989 23144 40844 16445 16039 11745 2830 8915 4294 406 ndash2829 9988 12817 16446 5589 10857 93645 94301 68 65 IV 96077 65249 23628 41621 16995 16152 11770 2888 8882 4381 843 ndash3025 10285 13310 16859 5753 11106 95234 96432 89 70
2000 I 97095 66830 24179 42651 16888 16728 12235 2978 9257 4492 161 ndash3579 10528 14107 16956 5624 11332 96935 97405 43 73 II 99491 67757 24427 43329 18109 17205 12701 3130 9571 4505 904 ndash3644 10892 14536 17269 5832 11437 98587 99835 102 70 III 100175 68817 24755 44062 17917 17345 12884 3282 9602 4460 572 ndash3959 11191 15150 17400 5794 11606 99602 100480 28 42 IV 101298 69811 25004 44807 17974 17429 12927 3335 9592 4502 545 ndash4100 11118 15218 17613 5793 11820 100753 101849 46 47
2001 I 101651 70581 25068 45514 17013 17320 12737 3290 9447 4583 ndash307 ndash3954 10971 14925 18011 5943 12067 101957 102062 14 49 II 103013 71187 25184 46003 16994 17110 12406 3353 9054 4704 ndash116 ndash3638 10566 14203 18469 6087 12382 103129 103509 55 47 III 103052 71512 25240 46273 16704 17005 12196 3426 8771 4809 ndash301 ndash3670 9971 13642 18506 6163 12342 103353 103322 02 09 IV 103731 72672 25869 46803 15766 16574 11773 3120 8653 4801 ndash808 ndash3578 9601 13179 18872 6274 12598 104539 104631 27 47
2002 I 104987 73090 25696 47394 16280 16414 11495 2978 8517 4919 ndash134 ndash3749 9734 13483 19366 6578 12789 105121 105497 49 22 II 106019 74034 25992 48041 16481 16349 11283 2848 8435 5066 132 ndash4181 10059 14240 19685 6744 12941 105887 106347 40 29 III 107017 74912 26320 48592 16504 16321 11206 2746 8460 5115 183 ndash4358 10206 14564 19960 6854 13106 106834 107491 38 36 IV 107669 75532 26391 49141 16613 16314 11033 2737 8295 5281 300 ndash4799 10122 14921 20323 7050 13273 107370 108322 25 20
2003 I 108874 76459 26739 49720 16715 16428 10977 2742 8234 5452 286 ndash5036 10125 15161 20736 7252 13484 108587 109392 45 46 II 110116 77274 26838 50436 16785 16816 11238 2826 8412 5578 ndash31 ndash5043 10116 15159 21100 7621 13478 110147 110771 46 59 III 112551 78820 27694 51126 17451 17409 11508 2841 8668 5901 42 ndash4995 10414 15408 21275 7652 13623 112509 113207 91 89 IV 114148 79612 27851 51762 18236 17878 11704 2866 8839 6174 358 ndash5091 10986 16078 21391 7734 13657 113790 115066 58 46
2004 I 115899 80981 28386 52595 18536 18022 11646 2908 8738 6376 514 ndash5463 11388 16851 21845 8051 13794 115385 117005 63 57 II 117629 81939 28603 53337 19560 18800 12044 3009 9035 6756 760 ndash6061 11708 17769 22190 8199 13992 116869 118488 61 52 III 119363 83165 28979 54186 20013 19405 12440 3124 9315 6966 608 ndash6359 11854 18213 22544 8391 14153 118756 120331 60 66 IV 121239 84738 29717 55021 20633 19918 12791 3224 9567 7127 715 ndash6865 12259 19124 22733 8345 14388 120524 121955 64 61
2005 I 123618 85919 30009 55910 21308 20401 13052 3384 9668 7349 907 ndash6774 12624 19398 23165 8620 14546 122711 124687 81 75 II 125000 87303 30492 56812 21153 20994 13349 3465 9884 7645 159 ndash6902 12985 19887 23446 8672 14773 124841 125962 45 71 III 127286 88958 31268 57690 21667 21556 13629 3523 10106 7927 110 ndash7340 13082 20421 24001 8941 15060 127176 128357 75 77 IV 129014 89961 31301 58660 22763 21941 13863 3697 10165 8079 822 ndash7893 13513 21406 24183 8819 15364 128192 129798 55 32
2006 I 131614 91262 31811 59451 23366 22706 14572 3968 10605 8134 660 ndash7758 14140 21898 24745 9285 15461 130955 132420 83 89 II 133304 92493 32116 60376 23521 22797 14953 4286 10667 7844 724 ndash7814 14560 22374 25105 9303 15802 132580 134060 52 51 III 134328 93717 32559 61158 23334 22643 15227 4476 10751 7416 691 ndash8057 14760 22817 25333 9322 16012 133637 134947 31 32 IV 135842 94568 32503 62066 22865 22541 15461 4617 10844 7080 323 ndash7143 15382 22525 25552 9359 16194 135519 136559 46 58
2007 I 137585 96017 32967 63050 22774 22603 15796 4795 11001 6807 170 ndash7249 15755 23004 26044 9440 16603 137415 138288 52 57 II 139768 97209 33492 63718 23296 22821 16249 5123 11126 6572 475 ndash7297 16191 23489 26560 9687 16873 139293 140563 65 56 III 141262 98177 33787 64390 23134 22740 16607 5455 11151 6134 394 ndash7034 16903 23937 26984 9921 17064 140868 142709 43 46 IV 142532 99487 34312 65176 22605 22479 16846 5622 11224 5634 126 ndash6943 17618 24561 27382 10006 17376 142406 144518 36 44
2008 I 142739 100185 34223 65962 21857 22052 16893 5709 11184 5159 ndash195 ndash7423 18193 25616 28120 10427 17693 142934 144525 06 15 II 144155 101265 34669 66596 21654 21837 16890 5896 10994 4946 ndash183 ndash7461 19228 26689 28696 10660 18037 144338 145968 40 40 III 143951 101358 34561 66797 20863 21305 16659 5947 10712 4646 ndash441 ndash7569 19338 26906 29298 11006 18292 144392 145940 ndash06 02 IV 140817 98613 31814 66799 19130 19955 15809 5900 9909 4146 ndash825 ndash5937 17111 23048 29011 11112 17899 141642 141995 ndash84 ndash74
2009 I 139234 97684 31255 66429 16458 18125 14429 5305 9124 3696 ndash1667 ndash3854 15235 19089 28946 11049 17897 140902 140417 ndash44 ndash21 II 138854 97639 31420 66219 14953 16980 13560 4671 8889 3420 ndash2027 ndash3316 15253 18569 29578 11359 18219 140881 140013 ndash11 ndash01 III 139522 98888 32444 66444 14656 16661 13129 4210 8919 3531 ndash2005 ndash3986 15947 19933 29964 11576 18388 141527 141152 19 18 IV 141336 99625 32655 66970 15904 16372 12854 3856 8998 3519 ndash468 ndash4393 17063 21455 30200 11759 18441 141805 143108 53 08
2010 I 142703 100691 33182 67509 16604 16272 12858 3627 9231 3413 332 ndash4902 17519 22420 30309 11937 18372 142370 144617 39 16 II 144135 101483 33217 68266 17247 16830 13252 3766 9486 3578 417 ndash5211 18143 23354 30617 12251 18366 143718 146293 41 38 III 145760 102436 33610 68826 17933 16838 13538 3771 9768 3300 1095 ndash5331 18612 23943 30723 12398 18325 144666 147930 46 27 IV 147359 104019 34586 69433 17709 17219 13888 3890 9998 3331 490 ndash5021 19504 24525 30652 12338 18314 146869 149489 45 62
2011 I 148149 105663 35614 70049 17559 17223 13908 3624 10284 3314 337 ndash5554 20305 25859 30481 12152 18328 147812 150501 22 26 II 150036 106849 36043 70806 18190 17842 14480 3970 10510 3362 348 ndash5725 20928 26653 30722 12343 18379 149687 152536 52 52 III 151632 107912 36436 71476 18538 18578 15194 4218 10976 3385 ndash41 ndash5495 21333 26828 30677 12275 18402 151673 154215 43 54 IV 153210 108738 36900 71838 19911 19090 15601 4382 11220 3488 821 ndash5948 21203 27151 30510 12112 18397 152389 155850 42 19
2012 I 154783 110072 37559 72513 20322 19597 15955 4547 11408 3642 726 ndash6158 21579 27737 30546 12077 18469 154057 156932 42 44 II 155959 110675 37450 73225 20778 19945 16207 4589 11618 3738 833 ndash5978 21870 27848 30484 12102 18382 155126 31 28
188 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1929 9761 7363 1014 379 491 1465 31 9868 9941 10052 9846 1930 8920 6968 676 313 427 1614 ndash224 9192 9111 9392 9000 ndash86 ndash68 ndash84 ndash66 ndash86 1931 8342 6749 425 261 372 1682 ndash403 8652 8539 8859 8407 ndash65 ndash59 ndash63 ndash57 ndash66 1932 7252 6144 128 204 309 1626 ndash541 7666 7439 7865 7305 ndash131 ndash114 ndash129 ndash112 ndash131 1933 7158 6008 189 205 322 1572 ndash494 7432 7351 7634 7203 ndash13 ndash31 ndash12 ndash29 ndash14 1934 7937 6437 341 228 329 1773 ndash513 8140 8127 8337 7977 109 95 106 92 107 1935 8642 6830 631 241 431 1822 ndash451 8645 8922 8927 8689 89 62 98 71 89 1936 9770 7525 809 253 426 2126 ndash517 9789 10061 10081 9811 131 132 128 129 129 1937 10271 7804 1011 319 479 2036 ndash420 10198 10529 10455 10325 51 42 47 37 52 1938 9918 7678 668 315 373 2193 ndash563 10052 10073 10210 9974 ndash34 ndash14 ndash43 ndash23 ndash34 1939 10719 8107 859 333 391 2386 ndash575 10795 10887 10965 10778 81 74 81 74 81 1940 11659 8527 1197 378 401 2453 ndash495 11528 11792 11657 11708 88 68 83 63 86 1941 13650 9132 1462 388 493 4077 ndash916 13378 13915 13637 13715 171 160 180 170 171 1942 16168 8916 772 256 447 9594 ndash2923 16167 16677 16680 16235 185 209 198 223 184 1943 18815 9165 456 216 564 14272 ndash4730 19070 19601 19870 18879 164 180 175 191 163 1944 20335 9426 563 232 590 16061 ndash5357 20614 21165 21461 20402 81 81 80 80 81 1945 20107 10009 744 325 628 14022 ndash4365 20447 20789 21144 20166 ndash11 ndash08 ndash18 ndash15 ndash12 1946 17907 11254 1907 702 520 4821 ndash257 17647 17737 17468 17982 ndash109 ndash137 ndash147 ndash174 ndash108 1947 17746 11470 1832 800 494 4095 43 18017 17375 17646 17848 ndash09 21 ndash20 10 ndash07 1948 18527 11729 2341 630 576 4394 09 18357 18570 18395 18648 44 19 69 42 45 1949 18431 12054 1787 625 556 4919 ndash398 18793 18458 18826 18542 ndash05 24 ndash06 23 ndash06 1950 20042 12827 2523 547 657 4924 ndash122 19890 20346 20194 20165 87 58 102 73 88 1951 21593 13028 2530 670 683 6727 ndash679 21304 21757 21463 21743 77 71 69 63 78 1952 22420 13439 2288 641 743 8100 ndash1305 22438 22725 22745 22574 38 53 45 60 38 1953 23452 14081 2396 598 813 8680 ndash1490 23544 23935 24032 23601 46 49 53 57 45 1954 23304 14377 2285 627 773 8089 ndash1301 23610 23688 24002 23462 ndash06 03 ndash10 ndash01 ndash06 1955 24982 15438 2840 694 866 7793 ndash917 24940 25406 25366 25158 72 56 73 57 72 1956 25476 15890 2801 809 936 7800 ndash888 25511 25814 25852 25669 20 23 16 19 20 1957 25988 16284 2679 879 976 8147 ndash1025 26167 26273 26456 26192 20 26 18 23 20 1958 25754 16426 2457 760 1022 8409 ndash1276 25978 26271 26502 25929 ndash09 ndash07 00 02 ndash10 1959 27601 17359 2955 839 1130 8695 ndash1117 27616 28156 28174 27781 72 63 72 63 71 1960 28285 17836 2954 984 1145 8710 ndash1054 28342 28651 28711 28482 25 26 18 19 25 1961 28944 18203 2935 990 1137 9148 ndash1195 29021 29308 29388 29161 23 24 23 24 24 1962 30698 19103 3308 1040 1266 9711 ndash1198 30623 31163 31089 30941 61 55 63 58 61 1963 32040 19890 3530 1114 1300 9961 ndash1155 31999 32460 32420 32301 44 45 42 43 44 1964 33894 21075 3821 1245 1369 10180 ndash1058 33908 34234 34249 34175 58 60 55 56 58 1965 36070 22408 4357 1280 1515 10487 ndash947 35876 36561 36364 36364 64 58 68 62 64 1966 38421 23679 4741 1369 1740 11411 ndash1039 38034 39070 38677 38698 65 60 69 64 64 1967 39392 24388 4524 1400 1867 12287 ndash1340 39200 40148 39956 39677 25 31 28 33 25 1968 41299 25796 4787 1510 2145 12672 ndash1321 41158 42221 42083 41606 48 50 52 53 49 1969 42582 26762 5066 1583 2267 12643 ndash1205 42450 43550 43420 42880 31 31 31 32 31 1970 42663 27389 4734 1753 2364 12337 ndash1186 42843 43483 43672 42958 02 09 ndash02 06 02 1971 44095 28433 5273 1783 2490 12069 ndash973 44036 45031 44976 44422 34 28 36 30 34 1972 46438 30181 5898 1917 2770 11981 ndash769 46367 47518 47452 46789 53 53 55 55 53 1973 49128 31677 6589 2278 2899 11939 ndash456 48840 49870 49580 49603 58 53 50 45 60 1974 48857 31414 6103 2458 2833 12240 ndash525 48700 49221 49062 49398 ndash06 ndash03 ndash13 ndash10 ndash04 1975 48754 32126 5022 2443 2518 12516 ndash835 49221 48679 49147 49172 ndash02 11 ndash11 02 ndash05 1976 51369 33915 6037 2550 3011 12572 ndash694 51159 51848 51636 51868 54 39 65 51 55 1977 53731 35343 6949 2611 3340 12710 ndash542 53403 54598 54270 54291 46 44 53 51 47 1978 56728 36901 7787 2886 3629 13084 ndash301 56349 57584 57204 57284 56 55 55 54 55 1979 58501 37778 8035 3172 3690 13328 ndash122 58362 58983 58842 59252 31 36 24 29 34
See the note at the end of the table
NOTE Chain-type estimates provide the best available method for components in the table comparing the level of a given series at two points in time Chained- It is usually best to make comparisons of aggregate series in dollar estimates are obtained by multiplying the chain-type quantity current dollars or to use BEArsquos estimates of contributions to percent index for an aggregate by its value in current dollars in the refer- change Measures of the contributions of components to the pershyence year (currently 2005) and dividing by 100 For an analysis of centage change in real GDP and to the percentage change in other changes over time in an aggregate or in a component the percent- major aggregates are provided in NIPA tables 112 122 152 age changes calculated from the chained-dollar estimates and the 232 392 422 532 542 and 552 In general the use of chain-type quantity indexes are the same Thus chained-dollar esti- chained-dollar estimates to calculate component shares or composhymates can be used to compute ldquorealrdquo (that is inflation-adjusted) rates nent contributions may be misleading for periods away from the ref-of growth However comparisons of two or more different chained- erence year component shares of GDP are provided in table dollar series must be made with caution because the prices used as 1110 In the November 2003 SURVEY OF CURRENT BUSINESS the artishyweights in the chained-dollar calculations usually differ from the cle ldquoChained-Dollar Indexes Issues Tips on Their Use and prices in the reference period and the resulting chained-dollar values Upcoming Changesrdquo discussed the advantages of using chain for detailed GDP components usually do not sum to the chained-dol- weighted indexes and the challenges of using chained dollars To lar estimate of GDP or to any intermediate aggregate A measure of assist users in undertaking historical analysis BEA provides supple-the extent of such differences is provided in most chained-dollar mental tables that present estimates for selected timespans in tables by a ldquoresidualrdquo line which indicates the difference between GDP chained 1937 1952 1972 and 1987 dollars (see tables 116A (or another major aggregate) and the sum of the most detailed 116B 116C and 116D)
189 August 2012 SURVEY OF CURRENT BUSINESS
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1980 58340 37645 7152 3514 3445 13588 ndash114 58736 57848 58233 59083 ndash03 06 ndash19 ndash10 ndash03 1981 59821 38216 7796 3557 3535 13712 75 59544 59397 59117 60473 25 14 27 15 24 1982 58659 38749 6703 3285 3491 13953 ndash540 59182 58604 59119 59340 ndash19 ndash06 ndash13 00 ndash19 1983 61309 40964 7328 3201 3931 14463 ndash716 61676 62031 62393 61971 45 42 58 55 44 1984 65715 43136 9487 3462 4888 14949 ndash431 64900 67397 66584 66341 72 52 87 67 71 1985 68434 45383 9398 3567 5205 15990 ndash699 68331 70394 70293 68880 41 53 44 56 38 1986 70805 47224 9335 3841 5650 16962 ndash907 70927 72972 73097 71104 35 38 37 40 32 1987 73070 48680 9622 4254 5984 17371 ndash873 72899 75121 74953 73359 32 28 29 25 32 1988 76074 50643 9849 4935 6219 17589 ndash723 76013 77522 77462 76439 41 43 32 33 42 1989 78792 52075 10244 5502 6493 18068 ndash604 78608 79842 79658 79173 36 34 30 28 36 1990 80271 53137 9899 5997 6726 18640 ndash676 80258 80978 80964 80750 19 21 14 16 20 1991 80083 53217 9094 6395 6716 18844 ndash751 80279 80278 80471 80488 ndash02 00 ndash09 ndash06 ndash03 1992 82800 55032 9831 6835 7187 18932 ndash643 82772 83027 82995 83194 34 31 34 31 34 1993 85162 56986 10709 7059 7808 18782 ndash566 85080 85857 85773 85560 29 28 34 33 28 1994 88631 59162 12164 7674 8739 18780 ndash410 88017 89685 89070 88930 41 35 45 38 39 1995 90860 60762 12543 8451 9439 18889 ndash346 90654 91813 91606 91217 25 30 24 28 26 1996 94258 62883 13653 9153 10260 19079 ndash250 94044 95340 95124 94631 37 37 38 38 37 1997 98459 65204 15352 10243 11641 19438 ndash137 97742 99844 99125 98734 45 39 47 42 43 1998 102747 68623 16889 10477 13002 19850 ndash90 102083 105311 104647 102953 44 44 55 56 43 1999 107707 72376 18376 10934 14499 20561 ndash41 107065 111318 110677 108029 48 49 57 58 49 2000 112164 76046 19631 11874 16387 20978 22 111580 116716 116133 112592 41 42 48 49 42 2001 113375 78103 18252 11208 15926 21783 ndash45 113820 118158 118609 113950 11 20 12 21 12 2002 115431 80183 18004 10983 16468 22796 ndash67 115336 120975 120883 115971 18 13 24 19 18 2003 118364 82445 18701 11160 17197 23305 ndash50 118205 124447 124290 119099 25 25 29 28 27 2004 122469 85158 20582 12225 19104 23620 ndash12 121813 129355 128698 123416 35 31 39 35 36 2005 126230 88035 21723 13051 20278 23699 00 125730 133457 132957 127201 31 32 32 33 31 2006 129585 90545 22318 14221 21515 24021 ndash05 128993 136881 136290 130283 27 26 26 25 24 2007 132064 92629 21595 15544 22032 24342 ndash14 131775 138553 138264 133220 19 22 12 14 23 2008 131619 92117 19398 16493 21440 24974 77 132005 136531 136912 133169 ndash03 02 ndash15 ndash10 00 2009 127579 90326 14581 14987 18538 25894 329 128997 131023 132430 128890 ndash31 ndash23 ndash40 ndash33 ndash32 2010 130630 91962 16580 16656 20852 26058 226 130103 134730 134197 132534 24 09 28 13 28 2011 132991 94288 17440 17769 21849 25239 104 132653 136988 136642 135220 18 20 17 18 20
1947 I 17707 11309 1887 852 510 4073 96 17855 17264 17408 17804 II 17680 11497 1735 842 520 4098 28 17972 17265 17557 17781 ndash06 26 00 35 ndash05 III 17665 11534 1679 799 461 4136 ndash22 18117 17252 17709 17766 ndash03 33 ndash03 35 ndash03 IV 17933 11538 2027 708 486 4075 71 18123 17717 17909 18040 62 01 112 46 63
1948 I 18218 11596 2247 676 548 4155 92 18202 18140 18122 18334 65 17 99 48 67 II 18553 11730 2395 613 569 4355 29 18334 18621 18395 18676 75 29 110 62 76 III 18653 11748 2421 627 599 4440 16 18366 18732 18437 18776 22 07 24 09 22 IV 18682 11841 2300 605 589 4627 ndash102 18524 18787 18625 18805 06 35 12 41 06
1949 I 18422 11860 1942 678 572 4759 ndash245 18600 18382 18561 18540 ndash55 16 ndash84 ndash14 ndash55 II 18355 12041 1671 672 563 4974 ndash440 18840 18313 18806 18470 ndash14 53 ndash15 54 ndash15 III 18561 12069 1817 616 540 5024 ndash425 18832 18587 18862 18672 46 ndash02 61 12 45 IV 18387 12245 1718 533 549 4918 ndash478 18900 18551 19076 18488 ndash37 15 ndash08 46 ndash39
1950 I 19130 12449 2149 524 564 4835 ndash263 19204 19339 19415 19238 172 66 181 73 172 II 19712 12654 2389 531 595 4914 ndash181 19720 19959 19968 19826 127 112 134 119 128 III 20484 13303 2604 544 734 4820 ndash53 20430 20893 20842 20618 166 152 201 187 169 IV 20844 12902 2950 588 736 5127 13 20207 21194 20549 20978 72 ndash43 59 ndash55 72
1951 I 21107 13214 2639 618 736 5675 ndash303 20804 21418 21112 21236 51 124 43 114 50 II 21457 12841 2704 679 711 6456 ndash512 20903 21645 21082 21608 68 19 43 ndash06 72 III 21885 12991 2495 695 651 7188 ndash833 21595 21969 21673 22041 82 139 61 117 83 IV 21922 13067 2283 689 634 7589 ndash1072 21915 21994 21986 22087 07 61 05 59 08
1952 I 22143 13096 2336 725 708 7824 ndash1130 22095 22259 22210 22299 41 33 49 42 39 II 22167 13353 2142 646 704 8089 ndash1359 22453 22410 22701 22324 04 66 27 91 05 III 22316 13418 2256 595 747 8170 ndash1376 22234 22701 22620 22470 27 ndash38 53 ndash14 26 IV 23053 13892 2418 599 814 8316 ndash1358 22971 23530 23450 23205 139 139 154 155 137
1953 I 23484 14057 2466 589 794 8598 ndash1432 23467 23960 23946 23634 77 89 75 87 76 II 23662 14142 2475 592 835 8787 ndash1499 23653 24186 24180 23820 31 32 38 40 32 III 23518 14110 2417 616 832 8681 ndash1474 23595 23996 24078 23661 ndash24 ndash10 ndash31 ndash17 ndash26 IV 23146 14016 2226 596 791 8654 ndash1555 23461 23599 23923 23289 ndash62 ndash23 ndash65 ndash25 ndash62
1954 I 23035 14067 2207 569 745 8422 ndash1485 23324 23472 23769 23188 ndash19 ndash23 ndash21 ndash26 ndash17 II 23064 14250 2200 651 812 8125 ndash1350 23419 23456 23819 23217 05 16 ndash03 09 05 III 23324 14444 2312 630 763 7929 ndash1228 23652 23693 24028 23479 46 40 41 36 46 IV 23791 14747 2419 659 771 7880 ndash1143 24046 24131 24392 23964 83 68 76 62 85
1955 I 24477 15078 2677 683 816 7871 ndash1016 24505 24847 24878 24653 120 79 124 82 120 II 24881 15366 2846 667 862 7793 ndash929 24826 25341 25288 25055 68 54 82 67 67 III 25214 15556 2887 711 877 7840 ndash903 25188 25629 25605 25390 55 60 46 51 54 IV 25355 15752 2949 714 909 7670 ndash821 25242 25806 25693 25534 22 08 28 14 23
1956 I 25239 15778 2850 748 947 7666 ndash856 25186 25680 25629 25437 ndash18 ndash09 ndash19 ndash10 ndash15 II 25438 15830 2818 799 942 7827 ndash894 25466 25798 25828 25634 32 45 18 31 31 III 25406 15866 2785 825 950 7753 ndash873 25476 25733 25806 25606 ndash05 02 ndash10 ndash03 ndash04 IV 25821 16084 2752 862 907 7954 ndash924 25916 26046 26143 25999 67 71 49 53 63
1957 I 25979 16195 2707 919 979 8117 ndash980 26143 26206 26373 26187 25 36 25 35 29 II 25917 16224 2704 891 986 8067 ndash983 26047 26194 26327 26138 ndash10 ndash15 ndash02 ndash07 ndash07 III 26166 16353 2768 866 967 8129 ndash983 26242 26465 26543 26379 39 30 42 33 37 IV 25891 16361 2537 841 971 8277 ndash1154 26236 26229 26582 26063 ndash41 ndash01 ndash35 06 ndash47
See the note at the end of the table
190 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1958 I 25190 16139 2348 757 985 8184 ndash1253 25565 25659 26044 25366 ndash104 ndash99 ndash84 ndash79 ndash103 II 25345 16271 2293 761 1027 8389 ndash1342 25698 25858 26221 25524 25 21 31 28 25 III 25939 16538 2482 763 1012 8442 ndash1274 26072 26444 26582 26112 97 60 94 56 96 IV 26543 16756 2706 761 1065 8622 ndash1237 26576 27123 27159 26715 97 79 107 90 96
1959 I 27080 17067 2859 811 1092 8566 ndash1131 27124 27625 27672 27251 83 85 76 78 83 II 27764 17329 3097 838 1145 8697 ndash1052 27591 28340 28167 27936 105 71 108 73 104 III 27731 17510 2882 865 1156 8806 ndash1176 27927 28279 28481 27915 ndash05 50 ndash09 45 ndash03 IV 27828 17529 2983 841 1126 8710 ndash1109 27822 28380 28377 28022 14 ndash15 15 ndash14 16
1960 I 28453 17697 3305 947 1169 8539 ndash866 28126 28906 28574 28640 93 44 76 28 91 II 28320 17921 2971 1007 1178 8608 ndash1009 28394 28689 28766 28511 ndash19 39 ndash30 27 ndash18 III 28366 17850 2953 982 1143 8815 ndash1091 28354 28736 28726 28565 07 ndash06 07 ndash06 08 IV 28002 17874 2588 1002 1089 8877 ndash1250 28493 28276 28778 28212 ndash50 20 ndash63 07 ndash49
1961 I 28169 17869 2654 995 1084 8993 ndash1258 28516 28450 28805 28390 24 03 25 04 25 II 28696 18134 2852 981 1097 9014 ndash1188 28822 29024 29153 28906 77 44 83 49 75 III 29159 18222 3091 976 1170 9191 ndash1151 29044 29584 29468 29375 66 31 80 44 66 IV 29753 18587 3143 1006 1197 9393 ndash1179 29704 30175 30127 29973 84 94 82 93 84
1962 I 30287 18785 3331 1004 1234 9559 ndash1158 30067 30764 30541 30505 74 50 80 56 73 II 30621 19016 3298 1100 1261 9611 ndash1143 30579 30989 30947 30860 45 70 30 54 47 III 30904 19170 3357 1038 1277 9830 ndash1214 30816 31387 31299 31146 37 31 53 46 37 IV 30979 19442 3245 1016 1292 9844 ndash1276 31029 31514 31567 31254 10 28 16 35 14
1963 I 31384 19573 3425 1040 1263 9784 ndash1175 31235 31861 31711 31647 53 27 45 18 51 II 31777 19760 3475 1161 1292 9772 ndash1099 31765 32113 32102 32032 51 70 32 50 49 III 32376 20029 3588 1099 1325 10191 ndash1206 32329 32851 32805 32635 77 73 95 91 77 IV 32622 20196 3632 1155 1321 10098 ndash1138 32665 33016 33062 32889 31 42 20 32 32
1964 I 33354 20595 3781 1225 1319 10135 ndash1063 33379 33659 33685 33644 93 90 80 78 95 II 33737 20958 3764 1246 1349 10201 ndash1083 33776 34052 34092 34016 47 48 47 49 45 III 34195 21343 3853 1236 1385 10207 ndash1059 34194 34572 34572 34483 55 51 63 58 56 IV 34290 21402 3885 1273 1423 10178 ndash1025 34283 34655 34649 34559 11 10 10 09 09
1965 I 35133 21878 4276 1136 1372 10153 ndash938 34826 35665 35354 35436 102 65 122 84 106 II 35609 22120 4276 1349 1533 10284 ndash887 35455 36006 35850 35922 55 74 39 57 56 III 36332 22500 4428 1272 1540 10640 ndash968 36121 36866 36654 36624 84 77 99 93 81 IV 37208 23132 4449 1364 1615 10869 ndash991 37102 37706 37598 37476 100 113 94 107 96
1966 I 38122 23474 4825 1340 1657 11064 ndash924 37721 38718 38311 38399 102 68 112 78 102 II 38249 23535 4737 1398 1698 11260 ndash983 37892 38805 38442 38526 13 18 09 14 13 III 38500 23804 4690 1346 1793 11565 ndash1112 38207 39241 38945 38772 27 34 46 53 26 IV 38812 23903 4712 1390 1813 11753 ndash1133 38315 39514 39010 39095 33 11 28 07 34
1967 I 39154 24042 4583 1417 1842 12252 ndash1298 38703 39854 39396 39434 36 41 35 40 35 II 39162 24370 4388 1404 1827 12185 ndash1358 39116 39866 39823 39435 01 43 01 44 00 III 39475 24495 4514 1370 1851 12312 ndash1365 39316 40262 40103 39774 32 21 40 29 35 IV 39776 24646 4611 1409 1948 12396 ndash1338 39664 40612 40502 40067 31 36 35 40 30
1968 I 40595 25234 4712 1450 2063 12613 ndash1351 40494 41507 41409 40894 85 86 91 93 85 II 41285 25621 4902 1479 2095 12671 ndash1293 40901 42202 41815 41589 70 41 69 40 70 III 41567 26103 4743 1566 2221 12697 ndash1321 41487 42490 42413 41881 28 59 28 58 28 IV 41747 26223 4792 1546 2202 12708 ndash1320 41751 42685 42694 42059 17 26 18 27 17
1969 I 42405 26517 5108 1360 1994 12720 ndash1306 42182 43422 43200 42717 65 42 71 48 64 II 42528 26686 5067 1665 2388 12667 ndash1169 42390 43495 43358 42830 12 20 07 15 11 III 42797 26815 5185 1625 2357 12685 ndash1156 42609 43798 43611 43086 26 21 28 24 24 IV 42596 27029 4905 1682 2331 12498 ndash1187 42617 43485 43512 42885 ndash19 01 ndash28 ndash09 ndash19
1970 I 42529 27195 4752 1696 2323 12431 ndash1222 42733 43388 43602 42825 ndash06 11 ndash09 08 ndash06 II 42607 27319 4767 1771 2369 12271 ndash1152 42651 43405 43455 42912 07 ndash08 02 ndash13 08 III 42986 27559 4848 1765 2364 12324 ndash1146 43033 43796 43849 43287 36 36 37 37 35 IV 42530 27484 4567 1781 2400 12324 ndash1226 42953 43344 43781 42807 ndash42 ndash07 ndash41 ndash06 ndash44
1971 I 43703 28009 5160 1788 2372 12124 ndash1006 43485 44505 44287 44029 115 50 112 47 119 II 43951 28266 5320 1785 2551 12085 ndash954 43785 44943 44780 44294 23 28 40 45 24 III 44302 28491 5390 1858 2607 12078 ndash908 44171 45255 45127 44614 32 36 28 31 29 IV 44425 28965 5222 1702 2431 11988 ndash1021 44703 45421 45711 44753 11 49 15 53 13
1972 I 45219 29352 5591 1882 2786 12031 ndash851 45324 46336 46450 45561 73 57 83 66 74 II 46291 29912 5933 1828 2687 12106 ndash801 46077 47408 47196 46629 98 68 96 66 97 III 46735 30374 6018 1938 2743 11856 ndash708 46492 47764 47522 47100 39 37 30 28 41 IV 47505 31086 6049 2020 2866 11931 ndash715 47574 48563 48639 47868 68 96 69 97 67
1973 I 48720 31655 6433 2168 2999 12048 ndash585 48617 49733 49633 49137 106 91 100 84 110 II 49284 31639 6734 2273 2912 11976 ndash426 48855 50060 49627 49728 47 20 27 00 49 III 49021 31753 6470 2280 2832 11823 ndash473 48916 49685 49581 49537 ndash21 05 ndash30 ndash04 ndash15 IV 49488 31660 6718 2392 2853 11910 ndash339 48972 50003 49480 50008 39 05 26 ndash08 39
1974 I 49054 31383 6289 2423 2756 12159 ndash444 48912 49372 49228 49663 ndash35 ndash05 ndash49 ndash20 ndash27 II 49180 31492 6258 2541 2902 12241 ndash450 48966 49506 49291 49756 10 04 11 05 08 III 48694 31622 5905 2404 2851 12259 ndash645 48815 49172 49294 49219 ndash39 ndash12 ndash27 00 ndash43 IV 48502 31158 5961 2466 2823 12302 ndash562 48106 48833 48434 48955 ndash16 ndash57 ndash27 ndash68 ndash21
1975 I 47912 31420 4914 2484 2540 12452 ndash818 48482 47789 48360 48293 ndash48 32 ndash83 ndash06 ndash53 II 48278 31944 4744 2412 2337 12357 ndash842 48979 47985 48687 48662 31 42 17 27 31 III 49091 32399 5145 2371 2531 12574 ndash867 49419 49164 49492 49506 69 36 102 68 71 IV 49733 32742 5287 2505 2666 12680 ndash815 50003 49781 50051 50226 53 48 51 46 59
1976 I 50863 33396 5834 2488 2833 12712 ndash734 50694 51187 51015 51343 94 56 118 79 92 II 51246 33703 6083 2513 2956 12573 ndash670 50865 51706 51322 51744 30 14 41 24 32 III 51497 34059 6094 2586 3076 12507 ndash673 51180 52010 51690 52000 20 25 24 29 20 IV 51871 34503 6137 2612 3178 12497 ndash700 51895 52490 52515 52386 29 57 37 65 30
See the note at the end of the table
191 August 2012 SURVEY OF CURRENT BUSINESS
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1977 I 52473 34897 6438 2570 3329 12610 ndash713 52382 53384 53294 53061 47 38 70 61 52 II 53516 35090 6936 2639 3359 12741 ndash531 53224 54364 54072 54092 82 66 75 60 80 III 54473 35425 7314 2660 3312 12765 ndash379 53784 55225 54533 55043 74 43 65 34 72 IV 54461 35959 7108 2574 3359 12723 ndash544 54223 55419 55180 54969 ndash01 33 14 48 ndash05
1978 I 54647 36169 7249 2635 3585 12744 ndash565 54292 55835 55479 55234 14 05 30 22 19 II 56797 36942 7746 2910 3596 13088 ndash293 56446 57569 57216 57287 167 168 130 131 157 III 57354 37097 7985 2942 3643 13193 ndash220 56964 58143 57751 57888 40 37 40 38 43 IV 58113 37396 8167 3058 3693 13312 ndash127 57695 58788 58368 58726 54 52 45 43 59
1979 I 58210 37585 8166 3061 3683 13192 ndash111 57878 58864 58529 58838 07 13 05 11 08 II 58264 37563 8147 3069 3703 13332 ndash144 57875 58935 58543 58968 04 00 05 01 09 III 58683 37932 7988 3179 3646 13351 ndash121 58714 59085 59113 59523 29 59 10 39 38 IV 58845 38033 7839 3380 3726 13438 ndash119 58982 59049 59182 59678 11 18 ndash02 05 10
1980 I 59034 37967 7783 3474 3729 13654 ndash115 59096 59093 59151 59883 13 08 03 ndash02 14 II 57824 37105 7081 3539 3458 13697 ndash140 57938 57321 57428 58609 ndash79 ndash76 ndash115 ndash112 ndash82 III 57717 37503 6541 3532 3210 13508 ndash157 58693 56791 57746 58456 ndash07 53 ndash36 22 ndash10 IV 58784 38003 7206 3510 3382 13494 ndash47 59218 58185 58606 59386 76 36 102 61 65
1981 I 60006 38211 7922 3577 3526 13673 149 59509 59534 59037 60648 86 20 96 30 88 II 59527 38211 7545 3596 3532 13704 03 59627 59038 59131 60132 ndash32 08 ndash33 06 ndash34 III 60250 38366 8013 3520 3491 13673 169 59696 59809 59255 60893 49 05 53 08 52 IV 59500 38076 7702 3536 3591 13799 ndash22 59344 59206 59047 60221 ndash49 ndash23 ndash40 ndash14 ndash43
1982 I 58523 38322 6900 3383 3489 13785 ndash378 59177 58315 58958 59206 ndash64 ndash11 ndash59 ndash06 ndash66 II 58840 38459 6894 3403 3432 13865 ndash349 59152 58508 58812 59606 22 ndash02 13 ndash10 27 III 58614 38754 6813 3252 3591 13960 ndash574 58765 58766 58912 59263 ndash15 ndash26 18 07 ndash23 IV 58660 39461 6207 3103 3450 14201 ndash862 59635 58828 59794 59286 03 61 04 61 02
1983 I 59389 39848 6428 3153 3529 14308 ndash819 60265 59602 60469 60008 51 43 54 46 50 II 60724 40639 7048 3163 3801 14430 ndash755 61118 61317 61706 61383 93 58 120 84 95 III 61922 41357 7522 3211 4097 14680 ndash751 62252 62869 63196 62593 81 76 105 100 81 IV 63202 42013 8314 3275 4298 14432 ndash534 63070 64336 64203 63899 85 54 97 65 86
1984 I 64428 42373 9184 3344 4643 14578 ndash408 63492 65944 65010 65072 80 27 104 51 76 II 65540 42979 9494 3427 4838 14892 ndash414 64656 67204 66321 66188 71 75 79 83 70 III 66177 43311 9714 3503 4963 15002 ndash390 65252 67903 66979 66819 39 37 42 40 39 IV 66716 43881 9555 3574 5108 15323 ndash509 66203 68537 68026 67287 33 60 38 64 28
1985 I 67345 44625 9240 3576 4996 15499 ndash599 67325 69016 68997 67800 38 70 28 58 31 II 67915 45032 9399 3563 5241 15847 ndash685 67838 69926 69851 68400 34 31 54 50 36 III 68976 45887 9296 3511 5190 16258 ndash786 68940 70995 70961 69376 64 67 63 65 58 IV 69500 45988 9659 3617 5394 16355 ndash725 69221 71640 71365 69945 31 17 37 23 33
1986 I 70168 46372 9639 3731 5389 16532 ndash717 69934 72146 71915 70559 39 42 29 31 36 II 70450 46866 9425 3772 5618 16883 ndash878 70461 72669 72684 70730 16 31 29 43 10 III 71129 47685 9130 3858 5774 17266 ndash1036 71453 73431 73759 71443 39 58 43 61 41 IV 71473 47972 9144 4002 5819 17166 ndash992 71858 73641 74030 71685 19 23 12 15 14
1987 I 71869 47899 9423 4005 5784 17237 ndash911 71666 73988 73789 72109 22 ndash11 19 ndash13 24 II 72633 48540 9436 4164 5928 17346 ndash925 72622 74729 74721 72935 43 54 41 51 47 III 73263 49082 9446 4343 6043 17346 ndash911 73489 75273 75501 73556 35 49 29 42 35 IV 74517 49200 10183 4504 6182 17556 ndash744 73820 76494 75802 74838 70 18 67 16 71
1988 I 74902 50022 9609 4753 6153 17471 ndash800 74911 76510 76520 75303 21 60 01 38 25 II 75864 50385 9843 4885 6083 17517 ndash683 75814 77199 77149 76231 52 49 36 33 50 III 76256 50783 9906 4975 6226 17507 ndash689 76174 77659 77578 76586 21 19 24 22 19 IV 77274 51381 10037 5127 6416 17862 ndash717 77153 78722 78603 77637 55 52 56 54 56
1989 I 77999 51569 10422 5278 6446 17752 ndash576 77525 79286 78813 78356 38 19 29 11 38 II 78583 51800 10300 5508 6476 18028 ndash577 78278 79604 79299 78926 30 39 16 25 29 III 79206 52337 10179 5568 6467 18197 ndash608 79264 80135 80192 79577 32 51 27 46 33 IV 79379 52593 10074 5656 6584 18294 ndash654 79363 80344 80327 79833 09 05 10 07 13
1990 I 80208 53009 10173 5903 6793 18576 ndash660 80224 81122 81137 80635 42 44 39 41 41 II 80527 53184 10176 5983 6782 18604 ndash638 80259 81323 81054 80966 16 02 10 ndash04 17 III 80526 53386 9937 6027 6754 18598 ndash668 80417 81233 81123 80896 00 08 ndash04 03 ndash03 IV 79820 52970 9308 6077 6573 18783 ndash745 80132 80234 80541 80501 ndash35 ndash14 ndash48 ndash28 ndash19
1991 I 79434 52820 8929 6121 6498 18859 ndash797 79811 79701 80075 79947 ndash19 ndash16 ndash26 ndash23 ndash27 II 79970 53222 8885 6341 6614 18925 ndash789 80385 80108 80519 80334 27 29 21 22 19 III 80307 53426 9106 6486 6800 18835 ndash746 80496 80494 80681 80626 17 06 19 08 15 IV 80622 53402 9454 6634 6950 18756 ndash674 80423 80810 80609 81044 16 ndash04 16 ndash04 21
1992 I 81507 54320 9244 6752 7001 18899 ndash707 81666 81611 81766 81923 45 63 40 59 44 II 82373 54642 9853 6753 7116 18876 ndash635 82250 82614 82489 82783 43 29 50 36 43 III 83223 55246 9955 6899 7228 18973 ndash622 83154 83421 83348 83591 42 45 40 42 40 IV 84098 55920 10270 6934 7401 18979 ndash604 84019 84461 84378 84478 43 42 51 50 43
1993 I 84253 56147 10511 6950 7561 18779 ndash573 83964 84787 84496 84728 07 ndash03 16 06 12 II 84792 56686 10594 7035 7718 18765 ndash570 84668 85409 85283 85180 26 34 30 38 21 III 85238 57301 10586 7012 7819 18746 ndash588 85332 86002 86094 85701 21 32 28 39 25 IV 86364 57811 11145 7237 8134 18839 ndash534 86354 87229 87218 86630 54 49 58 53 44
See the note at the end of the table
192 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashTable Ends [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1994 I 87205 58455 11626 7306 8323 18599 ndash458 86816 88208 87819 87559 40 22 46 28 44 II 88398 58888 12304 7547 8633 18677 ndash385 87547 89477 88626 88700 56 34 59 37 53 III 88967 59360 12082 7835 8876 19005 ndash439 88496 89990 89518 89240 26 44 23 41 25 IV 89955 59946 12646 8009 9126 18841 ndash361 89207 91065 90317 90221 45 32 49 36 45
1995 I 90176 60016 12774 8156 9326 18916 ndash360 89587 91346 90757 90561 10 17 12 20 15 II 90370 60508 12431 8268 9415 18979 ndash401 90117 91511 91257 90787 09 24 07 22 10 III 91129 61049 12311 8628 9447 18937 ndash349 91190 91883 91942 91373 34 49 16 30 26 IV 91764 61478 12658 8752 9568 18725 ndash281 91722 92514 92469 92146 28 24 28 23 34
1996 I 92393 62040 12824 8862 9879 18845 ndash299 92514 93373 93493 92850 28 35 38 45 31 II 93990 62742 13489 9011 10100 19116 ndash268 93840 95052 94900 94341 71 59 74 62 66 III 94808 63118 14169 9084 10427 19097 ndash233 94250 96157 95597 95119 35 18 47 30 33 IV 95843 63632 14130 9653 10633 19259 ndash198 95572 96780 96508 96214 44 57 26 39 47
1997 I 96580 64273 14460 9837 11087 19294 ndash197 96244 97815 97477 96850 31 28 43 41 27 II 98012 64533 15383 10227 11459 19460 ndash132 97010 99220 98217 98374 61 32 59 31 64 III 99242 65630 15657 10464 11881 19482 ndash110 98541 100642 99940 99513 51 65 59 72 47 IV 100003 66381 15907 10445 12138 19515 ndash107 99175 101698 100867 100198 31 26 43 38 28
1998 I 100948 67041 16666 10495 12593 19397 ndash58 99798 103066 101912 101247 38 25 55 42 43 II 101856 68195 16467 10374 12882 19819 ndash117 101484 104404 104034 102125 36 69 53 86 35 III 103200 69099 16939 10326 13055 20002 ndash111 102655 105983 105439 103315 54 47 62 55 47 IV 104986 70159 17484 10715 13478 20181 ndash75 104396 107791 107201 105122 71 70 70 69 72
1999 I 105921 70851 18034 10633 13821 20284 ndash60 105083 109163 108324 106190 36 27 52 43 41 II 106749 71966 17971 10755 14261 20369 ndash51 106391 110306 109950 107075 32 51 43 61 34 III 108107 72831 18422 11037 14779 20633 ndash37 107705 111893 111493 108397 52 50 59 57 50 IV 110048 73858 19076 11313 15133 20959 ndash25 109081 113910 112942 110456 74 52 74 53 78
2000 I 110336 74978 18809 11508 15747 20787 01 110182 114616 114464 110692 11 41 25 55 09 II 112488 75683 20111 11835 16227 21064 22 111484 116919 115916 112881 80 48 83 52 82 III 112583 76424 19797 12124 16794 20998 34 111968 117288 116674 112928 03 17 13 26 02 IV 113250 77100 19807 12029 16781 21062 33 112685 118041 117478 113868 24 26 26 28 34
2001 I 112878 77408 18761 11871 16537 21373 02 113256 117582 117964 113339 ndash13 20 ndash15 17 ndash18 II 113617 77700 18700 11483 16044 21817 ndash39 113757 118232 118375 114169 27 18 22 14 30 III 113304 78042 18303 10892 15656 21778 ndash55 113641 118141 118483 113603 ndash11 ndash04 ndash03 04 ndash20 IV 113700 79264 17245 10585 15469 22164 ndash89 114626 118676 119612 114688 14 35 18 39 39
2002 I 114671 79537 17819 10754 15857 22504 ndash86 114857 119855 120044 115233 35 08 40 15 19 II 115281 79941 18034 11046 16392 22720 ndash68 115182 120687 120590 115645 21 11 28 18 14 III 115866 80483 18080 11123 16662 22904 ndash62 115699 121459 121294 116387 20 18 26 24 26 IV 115906 80769 18083 11010 16962 23057 ndash51 115608 121899 121603 116617 01 ndash03 15 10 08
2003 I 116389 81177 18104 10908 16757 23009 ndash52 116096 122289 121997 116949 17 17 13 13 11 II 117375 81981 18218 10873 16996 23351 ndash52 117426 123546 123601 118081 34 47 42 54 39 III 119307 83085 18884 11168 17196 23420 ndash54 119286 125388 125370 120008 67 65 61 58 67 IV 120386 83537 19599 11691 17838 23437 ndash40 120011 126566 126191 121360 37 25 38 26 46
2004 I 121179 84276 19701 11970 18292 23549 ndash25 120665 127524 127010 122340 27 22 31 26 33 II 121959 84651 20557 12157 19026 23635 ndash15 121184 128833 128057 122851 26 17 42 33 17 III 122867 85391 20821 12247 19304 23721 ndash09 122242 129926 129301 123867 30 35 34 39 34 IV 123872 86313 21249 12528 19794 23576 00 123161 131136 130425 124607 33 30 38 35 24
2005 I 125150 87001 21700 12762 19909 23599 ndash03 124241 132297 131388 126234 42 36 36 30 53 II 125707 87862 21313 13036 20129 23624 01 125552 132799 132644 126677 18 43 15 39 14 III 126705 88529 21551 13039 20253 23839 00 126585 133918 133799 127769 32 33 34 35 35 IV 127356 88749 22328 13366 20821 23734 00 126542 134812 133999 128124 21 ndash01 27 06 11
2006 I 128964 89658 22663 13887 21215 23971 00 128319 136294 135650 129747 51 57 45 50 52 II 129487 90198 22631 14121 21452 23991 ndash02 128773 136821 136107 130216 16 14 16 14 15 III 129504 90739 22312 14142 21709 24027 ndash07 128828 137076 136400 130096 01 02 07 09 ndash04 IV 130384 91583 21667 14735 21682 24094 ndash13 130053 137333 137001 131073 27 39 07 18 30
2007 I 130561 92092 21451 14965 21998 24067 ndash16 130382 137594 137415 131226 05 10 08 12 05 II 131736 92445 21930 15213 22107 24268 ndash13 131262 138632 138158 132484 36 27 31 22 39 III 132698 92852 21763 15780 22160 24479 ndash16 132318 139083 138703 134058 30 33 13 16 48 IV 133260 93126 21236 16219 21865 24553 ndash09 133140 138901 138782 135110 17 25 ndash05 02 32
2008 I 132668 92891 20557 16439 21941 24739 ndash17 132778 138180 138288 134317 ndash18 ndash11 ndash21 ndash14 ndash23 II 133105 92858 20240 16939 21801 24845 24 133259 137945 138097 134766 13 15 ndash07 ndash05 13 III 131869 91960 19347 16787 21433 25107 101 132256 136465 136846 133674 ndash37 ndash30 ndash42 ndash36 ndash32 IV 128835 90760 17446 15806 20586 25205 204 129729 133533 134415 129919 ndash89 ndash74 ndash83 ndash69 ndash108
2009 I 127110 90395 15160 14525 18560 25316 274 128703 131037 132618 128195 ndash53 ndash31 ndash73 ndash52 ndash52 II 127010 89993 14007 14546 17774 25904 334 128900 130144 132023 128068 ndash03 06 ndash27 ndash18 ndash04 III 127467 90462 13948 15023 18493 26143 384 129283 130820 132623 128953 14 12 21 18 28 IV 128731 90454 15211 15852 19327 26211 330 129102 132093 132456 130345 40 ndash06 40 ndash05 44
2010 I 129476 91008 15914 16082 19809 26004 277 129147 133093 132759 131219 23 01 31 09 27 II 130196 91594 16464 16454 20742 26187 239 129854 134389 134039 132165 22 22 39 39 29 III 131035 92160 17101 16839 21428 26167 196 130055 135534 134548 133011 26 06 35 15 26 IV 131812 93085 16843 17247 21430 25874 193 131356 135905 135441 133742 24 41 11 27 22
2011 I 131838 93809 16616 17488 21654 25407 172 131544 135921 135619 133943 01 06 00 05 06 II 132647 94032 17113 17664 21660 25354 144 132341 136552 136238 134861 25 24 19 18 28 III 133069 94419 17358 17929 21908 25166 105 133112 136964 136996 135347 13 23 12 22 14 IV 134410 94893 18673 17993 22173 25027 ndash03 133614 138514 137713 136729 41 15 46 21 41
2012 I 135064 95468 18951 18187 22342 24837 ndash37 134401 139144 138475 136938 20 24 18 22 06 II 135580 95820 19340 18424 22668 24748 ndash84 134811 139759 138985 15 12 18 15
NOTE The residual is the difference between gross domestic product and the sum of the detailed components shown in this table
193 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1929 7733 8363 8724 7544 4667 6258 5425 33695 2244 9786 2906 2421 6181 2851 10620 7848 7740 1930 7067 7915 8034 7387 3113 4796 4471 28836 1779 5949 2402 2106 6812 3158 11690 7311 7075 1931 6609 7667 7741 7199 1956 3326 2929 18557 1187 4975 1996 1837 7095 3266 12197 6881 6610 1932 5745 6979 6835 6764 0590 1934 1754 11365 0695 2627 1564 1524 6860 3340 11629 6097 5743 1933 5671 6824 6785 6513 0869 1709 1581 8816 0712 2146 1574 1588 6633 4130 10421 5911 5663 1934 6288 7312 7405 6832 1570 2210 2014 9940 0984 2938 1749 1622 7482 5541 10956 6474 6271 1935 6846 7758 8013 7070 2906 2864 2552 11028 1341 4111 1845 2125 7687 5639 11306 6876 6831 1936 7740 8548 9078 7505 3726 3814 3451 14477 1840 5205 1938 2101 8971 8514 11371 7786 7713 1937 8137 8864 9348 7857 4653 4472 4134 18358 2139 5661 2441 2364 8592 7666 11369 8111 8117 1938 7857 8722 9140 7794 3076 3543 3031 14689 1489 5691 2414 1837 9252 8465 12035 7995 7841 1939 8492 9209 9773 8097 3956 4252 3383 15500 1718 8062 2549 1930 10067 9077 13229 8586 8473 1940 9236 9686 10380 8410 5510 5108 4187 17596 2227 9093 2899 1976 10350 10163 12794 9169 9205 1941 10813 10373 11204 8909 6729 5828 4930 20899 2611 9661 2973 2430 17205 26817 11982 10640 10782 1942 12809 10127 10340 9400 3555 3289 2902 12917 1498 4887 1964 2206 40483 82370 10867 12859 12763 1943 14906 10411 10239 10151 2099 2539 2425 9387 1345 2904 1655 2782 60224 130288 9876 15168 14842 1944 16109 10707 10316 10718 2594 3118 3221 12292 1799 2500 1778 2912 67771 148703 9525 16396 16039 1945 15929 11370 11021 11293 3424 4268 4525 16574 2576 2940 2491 3096 59168 127726 9855 16262 15853 1946 14186 12784 13059 11807 8778 7872 6673 32740 3213 12338 5379 2566 20344 34335 10837 14036 14137 1947 14059 13029 13438 11856 8433 9469 7765 29776 4367 15901 6133 2436 17281 25367 12329 14330 14031 1948 14677 13323 13708 12170 10775 10428 8172 31334 4596 19026 4831 2843 18542 27378 13112 14600 14660 1949 14601 13692 14120 12464 8226 9533 7422 30294 4029 17588 4786 2742 20755 30046 15108 14947 14577 1950 15878 14570 15214 13011 11615 11385 8104 32461 4447 24064 4190 3241 20779 28399 16349 15820 15853 1951 17106 14799 15033 13780 11649 10906 8479 34946 4576 20145 5135 3369 28386 47155 16475 16944 17093 1952 17761 15266 15371 14399 10534 10701 8315 34809 4445 19784 4913 3665 34178 61369 16749 17846 17747 1953 18579 15995 16167 15006 11029 11448 9062 37902 4848 20485 4584 4010 36627 66331 17578 18726 18554 1954 18461 16331 16340 15530 10517 11627 8868 39201 4576 22183 4806 3812 34132 57637 19115 18778 18445 1955 19791 17536 17844 16311 13072 13141 9851 42011 5203 25776 5319 4271 32885 52422 20494 19836 19778 1956 20182 18049 18112 17094 12894 13191 10413 46421 5341 23678 6197 4618 32912 51508 21156 20290 20180 1957 20588 18497 18422 17685 12333 13048 10571 46396 5480 22230 6737 4812 34379 53343 22408 20812 20591 1958 20403 18658 18234 18260 11312 12113 9410 43866 4680 22463 5826 5040 35484 53320 24312 20661 20385 1959 21866 19718 19381 19164 13603 13804 10159 44917 5237 28170 6427 5571 36688 54992 25232 21965 21840 1960 22408 20260 19721 19915 13600 13922 10737 48488 5459 26165 7543 5645 36751 53496 26338 22542 22391 1961 22930 20677 19846 20648 13512 13879 10670 49151 5354 26238 7583 5607 38600 55739 27961 23082 22925 1962 24319 21700 20867 21624 15227 15133 11602 51393 5974 28754 7965 6243 40977 60488 28818 24356 24325 1963 25382 22593 21701 22543 16249 16306 12247 51986 6476 32142 8535 6411 42032 60526 30552 25450 25393 1964 26851 23939 22994 23885 17589 17882 13701 57399 7303 34011 9540 6752 42958 59725 32626 26969 26867 1965 28575 25453 24623 25204 20058 19708 16088 66553 8641 33017 9807 7471 44250 59697 34813 28534 28588 1966 30437 26897 26184 26453 21825 20838 18100 71109 10024 30063 10487 8581 48149 66303 36998 30250 30423 1967 31206 27703 26697 27541 20827 20453 17856 69313 9958 29117 10728 9206 51844 72903 38868 31178 31193 1968 32717 29301 28350 29009 22039 21881 18654 70299 10578 33086 11572 10578 53472 73491 41168 32735 32709 1969 33733 30399 29216 30303 23323 23242 20070 74096 11513 34063 12131 11181 53347 70969 42557 33762 33710 1970 33798 31112 29447 31487 21791 22754 19963 74300 11399 32026 13435 11658 52059 65738 43738 34075 33772 1971 34932 32297 30679 32574 24275 24477 19964 73082 11512 40808 13663 12280 50926 60677 45077 35024 34923 1972 36788 34283 32685 34458 27150 27420 21797 75359 12997 48061 14689 13662 50556 58197 46068 36878 36784 1973 38920 35982 34378 36091 30331 29926 24968 81520 15381 47752 17458 14296 50379 55748 47381 38845 38995 1974 38705 35683 33124 36783 28097 28055 25177 79755 15774 37895 18837 13972 51648 56243 49164 38734 38835 1975 38623 36492 33349 38164 23120 25042 22689 71355 14272 32975 18718 12419 52812 56426 50970 39148 38657 1976 40695 38525 35684 39802 27791 27511 23800 73073 15164 40740 19536 14848 53049 56453 51346 40689 40776 1977 42566 40146 37215 41447 31989 31465 26486 76079 17449 49486 20006 16471 53630 57647 51532 42475 42681 1978 44940 41916 38753 43375 35846 35274 30450 87058 20106 52602 22115 17898 55210 59092 53216 44818 45034 1979 46345 42912 39373 44700 36989 37265 33517 98098 21861 50672 24307 18195 56241 60519 53998 46419 46581 1980 46217 42761 38376 45389 32926 34844 33429 103837 21075 39949 26925 16987 57337 63390 53958 46716 46449 1981 47390 43410 38830 46203 35886 35623 35333 112161 21971 36747 27256 17433 57860 66420 52873 47359 47542 1982 46470 44015 39101 47103 30859 33125 34003 110325 20829 30075 25173 17214 58876 68989 52898 47071 46651 1983 48570 46531 41589 49568 33733 35541 33563 98404 21950 42524 24524 19386 61027 73561 53514 49055 48719 1984 52060 48998 44586 51508 43672 41543 39486 112125 26303 48836 26526 24105 63078 75829 55444 51619 52155 1985 54214 51551 46931 54173 43266 43729 42103 120095 27974 49608 27331 25669 67471 81771 58879 54347 54151 1986 56092 53642 49556 55784 42971 44237 40901 106935 28504 55696 29429 27863 71573 86407 62669 56412 55899 1987 57887 55297 50448 58007 44295 44480 40870 103859 28895 56807 32594 29511 73300 89477 63575 57981 57672 1988 60266 57525 52322 60469 45337 45947 43008 104539 31074 56231 37815 30671 74220 88010 65933 60457 60093 1989 62420 59152 53643 62301 47156 47328 45409 106616 33351 54524 42161 32022 76240 89379 68340 62521 62242 1990 63591 60359 53975 64151 45569 46340 45633 108187 33361 49819 45954 33168 78655 91185 71112 63834 63482 1991 63442 60450 52904 65110 41862 43335 43186 96150 32504 45032 49005 33118 79514 91000 72585 63850 63276 1992 65595 62511 54571 67431 45254 45904 44565 90354 34873 51263 52370 35440 79885 89351 74156 65833 65403 1993 67466 64731 56838 69589 49299 49839 48456 89768 39226 55450 54086 38505 79253 85842 75244 67669 67263 1994 70214 67203 59836 71666 55998 54500 52915 91405 43904 60840 58802 43098 79245 82555 77197 70004 69913 1995 71980 69021 61623 73488 57743 58010 58478 97235 49158 58850 64755 46547 79705 80353 79247 72102 71711 1996 74672 71429 64383 75640 62851 63213 63940 102744 54383 63550 70133 50595 80507 79423 81090 74799 74395 1997 78000 74066 67453 77973 70672 69045 71658 110280 61861 64751 78490 57409 82020 78641 83980 77740 77620 1998 81397 77950 72010 81409 77747 76537 80264 115911 70837 69732 80281 64119 83759 77758 87291 81192 80937 1999 85326 82213 77745 84744 84592 83658 88640 116049 80857 74092 83785 71500 86761 79270 91179 85155 84928
194 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
2000 88857 86382 81847 88944 90371 89843 97327 125101 89320 74834 90985 80813 88519 79661 93744 88745 88515 2001 89816 88718 84417 91134 84023 88142 94614 123191 86438 75258 85880 78540 91917 82901 97236 90527 89582 2002 91445 91080 87848 92870 82879 84412 87112 101377 82789 79204 84160 81213 96192 88953 100473 91733 91171 2003 93769 93650 91890 94611 86090 87390 88290 97514 85377 85712 85514 84806 98336 94839 100408 94015 93631 2004 97021 96731 95988 97134 94749 93880 93740 98571 92138 94130 93677 94212 99668 98710 100234 96885 97024 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 2006 102658 102850 103322 102599 102742 102375 108027 109180 107590 92667 108969 106099 101359 102127 100910 102596 102423 2007 104622 105218 106394 104599 99412 100390 115039 124578 111168 75379 119108 108652 102713 103399 102311 104808 104731 2008 104270 104637 103776 105067 89296 93228 114125 132595 106411 57345 126376 105733 105381 110819 102310 104991 104692 2009 101069 102602 100697 103558 67124 75494 93507 104659 88911 44489 114835 91422 109262 117613 104568 102598 101328 2010 103486 104460 104304 104554 76327 75326 94148 88308 96822 42862 127623 102832 109955 122883 102711 103478 104193 2011 105356 107103 108263 106543 80284 80311 102288 90733 107473 42268 136152 107746 106497 119480 99224 105506 106304
1947 I 14028 12846 13203 11757 8686 9295 7874 29902 4450 14609 6532 2514 17184 25544 12014 14201 13996 II 14006 13060 13440 11927 7986 9048 7750 29743 4356 13882 6450 2563 17293 25597 12177 14294 13979 III 13995 13102 13530 11901 7730 9355 7596 29945 4209 16009 6122 2273 17451 25611 12461 14410 13967 IV 14207 13106 13580 11839 9332 10178 7841 29515 4454 19103 5429 2395 17193 24718 12663 14415 14182
1948 I 14433 13172 13600 11966 10343 10521 8327 30127 4830 18876 5181 2701 17534 25559 12644 14477 14414 II 14698 13325 13724 12154 11025 10512 8038 30967 4509 19977 4697 2808 18378 27116 13008 14582 14682 III 14777 13344 13710 12219 11143 10399 8058 31892 4451 19341 4807 2955 18735 27669 13239 14607 14761 IV 14800 13450 13800 12342 10588 10279 8264 32349 4594 17908 4638 2907 19523 29169 13559 14733 14784
1949 I 14594 13472 13779 12420 8941 9691 7873 31740 4305 16562 5193 2820 20081 29756 14120 14793 14575 II 14541 13678 14081 12483 7690 9383 7563 30997 4095 16276 5148 2779 20990 30874 14925 14985 14520 III 14704 13709 14153 12457 8364 9360 7187 29626 3879 17671 4718 2665 21201 30534 15546 14978 14679 IV 14566 13910 14469 12495 7907 9696 7064 28813 3836 19841 4084 2705 20750 29021 15843 15033 14535
1950 I 15155 14141 14749 12650 9891 10310 7264 30186 3902 22093 4017 2781 20403 27640 16237 15274 15124 II 15616 14373 14906 12970 10998 11267 7914 31709 4342 24235 4065 2935 20737 28254 16375 15685 15587 III 16227 15111 16022 13171 11988 12108 8624 33545 4809 25567 4171 3621 20339 27251 16387 16249 16209 IV 16513 14656 15178 13254 13581 11856 8612 34404 4733 24363 4509 3628 21635 30451 16397 16072 16492
1951 I 16721 15010 15512 13616 12149 11416 8389 34516 4532 23068 4734 3628 23948 36413 16235 16547 16695 II 16999 14586 14725 13708 12450 10890 8505 35688 4540 19961 5200 3508 27241 44208 16511 16625 16987 III 17337 14756 14887 13880 11488 10714 8600 35472 4640 18688 5328 3211 30332 51849 16591 17175 17328 IV 17367 14842 15007 13915 10509 10603 8422 34108 4593 18861 5278 3127 32023 56150 16564 17430 17364
1952 I 17542 14876 14935 14087 10755 10729 8455 34149 4619 19354 5559 3490 33015 58600 16616 17573 17530 II 17561 15168 15270 14307 9862 10877 8550 34395 4682 19711 4948 3472 34134 60920 16969 17858 17550 III 17679 15241 15254 14497 10387 10210 7777 34682 3989 19513 4557 3684 34472 62487 16510 17684 17665 IV 18263 15780 16025 14704 11132 10987 8477 36010 4490 20560 4588 4014 35090 63469 16900 18270 18243
1953 I 18604 15968 16236 14854 11353 11428 8942 37095 4806 20881 4511 3916 36281 65942 17262 18665 18580 II 18745 16064 16268 15032 11392 11490 9003 37807 4803 20940 4539 4119 37079 68018 17232 18813 18726 III 18631 16027 16131 15124 11124 11499 9208 38017 4965 20146 4721 4103 36631 66162 17693 18767 18601 IV 18336 15920 16033 15012 10248 11375 9096 38688 4815 19972 4565 3901 36517 65201 18124 18660 18308
1954 I 18249 15979 16023 15152 10162 11196 8825 39082 4549 20182 4360 3676 35540 61731 18775 18551 18230 II 18272 16187 16179 15414 10127 11379 8732 39353 4448 21496 4987 4006 34282 58425 18848 18627 18252 III 18478 16407 16350 15682 10645 11833 8970 39267 4659 22808 4827 3765 33455 55519 19373 18811 18458 IV 18848 16751 16806 15872 11135 12098 8944 39101 4649 24245 5049 3801 33252 54873 19463 19125 18839
1955 I 19391 17127 17322 16058 12322 12587 9104 40312 4692 26044 5236 4025 33212 53552 20280 19490 19381 II 19711 17455 17810 16176 13101 13128 9676 41312 5108 26429 5114 4253 32882 52337 20546 19746 19697 III 19975 17671 18058 16342 13288 13418 10171 42683 5427 25865 5450 4325 33082 52889 20514 20034 19960 IV 20086 17893 18186 16668 13576 13431 10451 43738 5586 24768 5474 4482 32365 50910 20634 20076 20074
1956 I 19995 17922 18105 16828 13120 13145 10257 45096 5310 24114 5734 4670 32347 50530 20857 20032 19997 II 20152 17982 18078 16989 12971 13251 10417 46703 5322 23970 6121 4645 33025 51855 21113 20254 20152 III 20126 18022 18003 17168 12819 13229 10501 46999 5372 23499 6324 4686 32713 50911 21218 20262 20130 IV 20455 18270 18261 17392 12667 13138 10476 46887 5359 23131 6608 4471 33563 52735 21434 20612 20439
1957 I 20581 18396 18432 17459 12463 13138 10551 46482 5456 22801 7039 4826 34252 53672 21973 20793 20587 II 20531 18429 18365 17609 12446 13011 10523 46450 5434 22250 6830 4864 34039 52858 22158 20716 20549 III 20729 18576 18519 17738 12743 13142 10745 46458 5625 21950 6639 4770 34300 53050 22471 20872 20738 IV 20511 18585 18374 17933 11679 12902 10466 46194 5405 21918 6440 4787 34925 53793 23030 20867 20490
1958 I 19956 18332 17935 17916 10811 12103 9709 45328 4824 21051 5801 4858 34535 51864 23681 20333 19942 II 20078 18483 17990 18175 10555 11760 9290 43825 4581 21104 5829 5066 35400 53530 24023 20439 20065 III 20549 18785 18329 18419 11426 11927 9150 42825 4538 22643 5847 4989 35621 53321 24548 20737 20528 IV 21028 19034 18683 18530 12456 12662 9491 43486 4777 25055 5829 5250 36381 54566 24996 21137 21003
1959 I 21453 19386 19117 18769 13159 13439 9786 43334 5039 27906 6214 5385 36145 53666 25203 21573 21424 II 21995 19684 19420 19048 14258 13874 10085 44676 5192 28897 6421 5645 36696 54950 25272 21945 21962 III 21969 19889 19573 19304 13266 14044 10404 46005 5362 28351 6625 5698 37158 56085 25294 22212 21945 IV 22046 19912 19414 19537 13730 13857 10363 45655 5354 27524 6448 5554 36753 55268 25159 22128 22030
1960 I 22540 20103 19609 19714 15215 14341 10762 47560 5549 28314 7255 5764 36029 52782 25597 22370 22516 II 22435 20357 19883 19933 13675 14052 10929 48124 5648 25986 7716 5807 36322 52580 26223 22584 22414 III 22472 20276 19756 19909 13594 13676 10657 48216 5411 25197 7522 5637 37197 54212 26614 22552 22457 IV 22184 20303 19637 20102 11915 13620 10598 50051 5227 25164 7677 5371 37456 54410 26919 22662 22179
1961 I 22315 20297 19451 20304 12219 13449 10375 49824 5056 25261 7625 5345 37946 54339 27792 22680 22319 II 22733 20599 19745 20600 13129 13647 10589 48994 5297 25352 7519 5410 38037 54847 27604 22923 22725 III 23100 20699 19874 20662 14229 13975 10677 49022 5369 26721 7478 5768 38783 56387 27838 23100 23093 IV 23570 21114 20316 21026 14469 14446 11038 48764 5692 27618 7709 5905 39635 57381 28610 23625 23563
195 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1962 I 23993 21338 20554 21225 15332 14755 11294 49678 5841 28116 7690 6085 40336 59488 28403 23914 23982 II 24258 21600 20756 21542 15184 15203 11631 51488 5991 28995 8428 6218 40555 59733 28607 24321 24261 III 24482 21776 20915 21728 15455 15325 11781 52844 6017 28971 7957 6297 41478 61530 28972 24510 24485 IV 24542 22084 21242 22002 14936 15250 11701 51563 6045 28933 7785 6374 41538 61199 29288 24679 24571
1963 I 24863 22233 21441 22089 15765 15428 11683 49768 6164 29978 7967 6226 41285 59714 29839 24843 24880 II 25174 22446 21618 22330 15995 16144 12056 52126 6303 32135 8900 6373 41233 59161 30110 25265 25182 III 25648 22752 21835 22721 16517 16562 12421 52488 6586 32730 8424 6534 43001 62445 30915 25713 25656 IV 25843 22941 21909 23031 16720 17091 12829 53562 6851 33726 8847 6513 42610 60783 31346 25980 25856
1964 I 26423 23394 22416 23403 17407 17743 13148 54952 7018 35792 9389 6507 42768 60473 31813 26548 26449 II 26727 23806 22888 23729 17327 17695 13483 56815 7161 33990 9545 6653 43045 60070 32544 26864 26742 III 27090 24243 23422 24039 17739 17978 13941 58681 7409 33435 9471 6832 43071 59598 32899 27197 27109 IV 27165 24311 23250 24368 17884 18110 14231 59147 7622 32825 9753 7017 42947 58760 33247 27267 27168
1965 I 27832 24852 24007 24645 19683 18935 15187 62180 8208 32940 8701 6764 42843 58020 33562 27699 27858 II 28210 25126 24181 25018 19682 19465 15759 66513 8361 33197 10335 7562 43396 58132 34414 28199 28240 III 28782 25558 24676 25360 20385 19992 16355 67213 8820 33327 9743 7593 44897 60480 35383 28729 28792 IV 29477 26276 25627 25791 20479 20441 17051 70307 9175 32605 10449 7964 45862 62158 35893 29509 29462
1966 I 30200 26664 26109 26059 22211 21205 17794 71978 9687 33346 10266 8169 46687 63579 36338 30001 30187 II 30301 26733 25979 26343 21805 20931 18071 70590 10040 30671 10715 8373 47514 65262 36619 30137 30287 III 30500 27039 26353 26560 21589 20924 18291 72162 10104 29674 10313 8842 48800 67904 37042 30388 30481 IV 30747 27151 26298 26850 21693 20290 18244 69704 10265 26561 10653 8941 49594 68469 37995 30474 30735
1967 I 31018 27310 26366 27099 21099 19813 17858 70424 9867 25762 10859 9082 51699 73163 38465 30782 31001 II 31025 27682 26825 27361 20199 20320 17794 68421 9976 28691 10760 9009 51418 72103 38675 31111 31002 III 31272 27824 26746 27734 20779 20520 17704 69145 9838 30129 10498 9127 51953 73249 38827 31270 31268 IV 31511 27996 26851 27968 21229 21160 18069 69260 10149 31884 10797 9608 52307 73097 39504 31547 31499
1968 I 32160 28664 27706 28406 21691 21671 18637 70618 10536 32079 11111 10174 53220 74368 40197 32207 32149 II 32706 29104 28121 28853 22568 21560 18313 70020 10300 32889 11332 10330 53466 73771 40979 32531 32696 III 32930 29651 28810 29226 21835 21878 18557 69568 10555 33480 11998 10951 53578 73136 41568 32997 32925 IV 33072 29787 28763 29550 22062 22415 19107 70990 10922 33897 11845 10858 53622 72689 41927 33206 33065
1969 I 33593 30120 29148 29814 23515 23122 19672 72087 11332 35118 10424 9834 53674 72285 42268 33550 33583 II 33691 30313 29169 30180 23328 23223 19885 72659 11474 34741 12760 11774 53450 71132 42623 33715 33671 III 33904 30459 29221 30420 23867 23610 20422 76085 11655 34457 12454 11622 53525 71182 42713 33889 33872 IV 33745 30702 29326 30797 22582 23013 20300 75553 11593 31937 12886 11494 52739 69277 42625 33896 33714
1970 I 33692 30891 29374 31124 21875 22931 20182 74959 11539 32001 12997 11456 52455 67908 43021 33988 33667 II 33753 31032 29457 31319 21943 22421 20072 74192 11508 29868 13569 11683 51777 65781 43251 33923 33736 III 34054 31304 29638 31673 22318 22820 20174 74462 11575 31460 13525 11656 52001 64808 44228 34227 34031 IV 33693 31219 29318 31833 21026 22842 19423 73588 10972 34776 13649 11837 52002 64455 44451 34163 33653
1971 I 34622 31816 30259 32051 23756 23353 19600 73404 11148 36632 13701 11697 51160 61946 44653 34586 34614 II 34818 32107 30508 32373 24492 24319 19890 73214 11430 40329 13674 12580 50996 61053 44952 34825 34822 III 35096 32364 30704 32680 24814 24779 19970 72951 11527 42316 14236 12858 50964 60796 45063 35131 35073 IV 35194 32902 31244 33193 24038 25456 20397 72760 11941 43956 13042 11986 50584 58915 45642 35555 35183
1972 I 35823 33341 31536 33761 25738 26601 21083 74662 12395 46888 14423 13738 50768 59155 45792 36049 35818 II 36672 33978 32370 34174 27313 27070 21432 75081 12680 47807 14004 13250 51083 60101 45695 36647 36658 III 37024 34502 32933 34638 27702 27368 21767 75247 12979 47918 14849 13526 50030 56860 46068 36978 37028 IV 37634 35311 33899 35257 27846 28641 22905 76445 13934 49630 15479 14135 50344 56673 46717 37838 37632
1973 I 38596 35957 34709 35712 29614 29851 23975 78942 14697 51300 16613 14788 50839 57611 46928 38667 38630 II 39043 35939 34374 36011 30998 30110 24954 81408 15378 48690 17414 14362 50536 56718 47009 38857 39094 III 38835 36068 34385 36252 29786 30022 25373 83248 15587 46624 17472 13965 49887 54311 47503 38905 38944 IV 39205 35963 34044 36389 30926 29720 25572 82482 15861 44396 18331 14069 50254 54354 48085 38950 39314
1974 I 38861 35648 33489 36334 28952 29018 25544 82018 15882 41140 18565 13592 51305 56066 48713 38902 39043 II 38961 35772 33384 36689 28809 28601 25487 81680 15862 39346 19468 14312 51651 55977 49339 38945 39116 III 38575 35919 33492 36869 27184 28097 25190 78135 15968 38050 18418 14062 51728 56258 49286 38825 38693 IV 38424 35393 32132 37241 27442 26504 24486 77186 15383 33043 18899 13922 51908 56671 49317 38261 38486
1975 I 37956 35690 32365 37588 22622 24881 22984 73213 14356 31002 19032 12526 52544 56034 50778 38560 37966 II 38246 36285 33056 38054 21836 24531 22383 70455 14074 31668 18479 11523 52140 55584 50401 38956 38256 III 38891 36802 33872 38238 23686 25144 22589 70853 14231 33873 18167 12481 53057 56970 51025 39306 38920 IV 39399 37192 34103 38776 24337 25613 22799 70901 14429 35356 19195 13147 53507 57115 51675 39770 39486
1976 I 40294 37935 35101 39229 26857 26674 23211 72812 14622 38970 19061 13971 53640 56588 52238 40320 40363 II 40597 38283 35524 39488 28002 27130 23494 72592 14919 40091 19254 14576 53052 56466 51342 40456 40679 III 40796 38688 35837 39969 28054 27414 24008 73329 15338 39437 19813 15171 52773 56306 50983 40706 40880 IV 41092 39192 36272 40522 28249 28825 24487 73558 15778 44464 20014 15673 52732 56450 50821 41275 41184
1977 I 41569 39640 36666 41005 29639 29867 25438 73307 16730 45805 19693 16415 53210 56919 51310 41662 41714 II 42395 39859 36936 41164 31930 31534 26172 76049 17144 51045 20224 16566 53763 57857 51614 42332 42525 III 43154 40239 37233 41610 33670 31942 26720 77201 17553 50884 20380 16335 53861 58191 51560 42777 43273 IV 43145 40846 38027 42010 32719 32518 27615 77757 18369 50211 19726 16567 53688 57621 51645 43126 43214
1978 I 43292 41085 37814 42681 33368 32791 27888 77607 18655 50464 20191 17679 53775 57823 51657 43181 43422 II 44995 41963 38899 43324 35659 35171 30240 85196 20112 52888 22295 17735 55227 59202 53172 44895 45036 III 45436 42139 38931 43634 36760 36182 31320 90815 20535 53623 22540 17966 55667 59411 53768 45306 45509 IV 46037 42478 39370 43862 37596 36953 32353 94614 21119 53434 23434 18213 56172 59932 54268 45888 46168
196 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1979 I 46114 42693 39340 44308 37590 37234 33057 94087 21884 52185 23454 18163 55667 60013 53375 46033 46256 II 46158 42668 39008 44584 37503 36945 32958 95449 21621 51211 23516 18261 56255 60755 53869 46031 46358 III 46489 43087 39657 44762 36773 37616 33985 99899 22115 50602 24363 17982 56337 60661 54066 46699 46794 IV 46617 43202 39489 45148 36089 37265 34070 102958 21825 48691 25896 18375 56704 60647 54683 46912 46916
1980 I 46767 43127 39289 45199 35827 36739 34444 104548 22009 44965 26619 18389 57616 62588 54936 47003 47077 II 45809 42148 37670 44894 32595 33543 32696 102253 20527 36646 27120 17054 57795 64162 54218 46081 46076 III 45724 42600 38057 45391 30110 33874 32942 102762 20716 37273 27063 15828 56998 63297 53456 46682 45956 IV 46569 43168 38490 46070 33172 35220 33635 105785 21049 40915 26899 16677 56940 63511 53223 47099 46687
1981 I 47537 43404 39043 45985 36468 35478 34177 105721 21613 40183 27407 17389 57696 64826 53623 47331 47679 II 47158 43404 38731 46289 34732 35712 34866 109705 21813 38821 27555 17416 57825 66761 52596 47425 47273 III 47731 43580 39122 46250 36888 35716 35715 112472 22329 35826 26969 17217 57694 66689 52427 47480 47871 IV 47136 43250 38423 46287 35457 35586 36574 120746 22130 32157 27094 17711 58225 67403 52844 47200 47343
1982 I 46363 43530 38808 46457 31763 34507 35709 116906 21735 30303 25919 17206 58167 67508 52680 47067 46545 II 46614 43686 38799 46762 31735 33301 34432 113096 20906 29347 26075 16925 58506 68120 52846 47047 46860 III 46434 44021 39005 47202 31365 32373 33269 106861 20524 29254 24920 17710 58906 69141 52850 46739 46590 IV 46471 44824 39792 47992 28572 32321 32600 104435 20150 31396 23779 17015 59923 71185 53217 47431 46608
1983 I 47049 45263 40000 48622 29589 33027 31990 100175 20082 36747 24163 17405 60373 72042 53408 47932 47176 II 48106 46162 41179 49243 32445 34302 32381 95420 21114 41100 24236 18743 60889 73574 53279 48611 48257 III 49055 46978 42093 49949 34626 36352 33845 97652 22342 45171 24601 20203 61946 75639 53700 49512 49208 IV 50069 47723 43084 50458 38272 38482 36037 100370 24262 47080 25097 21194 60899 72990 53667 50163 50234
1984 I 51040 48132 43667 50707 42278 39689 37212 106076 24734 48388 25622 22897 61512 73614 54281 50498 51157 II 51921 48820 44641 51134 43704 41321 39062 111401 25957 49283 26259 23857 62838 75924 54984 51424 52034 III 52426 49197 44669 51801 44720 42202 40349 114917 26832 48810 26839 24474 63302 75634 55942 51898 52530 IV 52853 49845 45367 52391 43986 42960 41322 116107 27691 48861 27384 25191 64659 78144 56569 52655 52898
1985 I 53351 50690 46067 53338 42536 43292 41802 121028 27531 48709 27403 24635 65400 78977 57256 53547 53301 II 53803 51152 46488 53822 43270 43836 42397 120962 28166 49098 27304 25846 66867 80904 58439 53955 53773 III 54644 52124 47727 54546 42792 43483 41749 118457 27824 49722 26904 25596 68603 83617 59565 54831 54541 IV 55058 52238 47442 54985 44465 44304 42465 119932 28376 50904 27714 26599 69013 83585 60258 55056 54988
1986 I 55587 52674 48163 55175 44373 44368 41882 116932 28169 53080 28590 26575 69759 83141 61759 55622 55470 II 55811 53235 49019 55487 43389 44262 40834 105913 28574 56026 28901 27707 71242 85792 62514 56042 55605 III 56349 54166 50538 55935 42028 44013 40236 102136 28461 56889 29562 28475 72854 89039 63114 56831 56166 IV 56621 54492 50506 56538 42094 44306 40650 102760 28813 56787 30663 28694 72436 87657 63290 57153 56356
1987 I 56935 54409 49473 57205 43380 43428 39532 100357 27965 56637 30686 28522 72732 88179 63449 57000 56689 II 57540 55138 50421 57748 43440 44205 40479 101537 28804 56886 31904 29234 73192 89403 63446 57760 57338 III 58040 55753 51179 58240 43484 45146 41783 105766 29599 56714 33279 29802 73194 89498 63393 58450 57827 IV 59033 55887 50721 58835 46875 45140 41686 107774 29213 56992 34509 30487 74080 90829 64012 58713 58834
1988 I 59338 56820 51918 59545 44234 45081 42007 103705 30124 55759 36421 30345 73721 88361 64922 59581 59200 II 60100 57233 52188 60060 45310 45963 43039 105858 30919 56201 37429 29996 73914 87461 65773 60299 59929 III 60410 57684 52178 60858 45601 46140 43265 104428 31364 56236 38123 30704 73871 86806 66099 60586 60209 IV 61217 58364 53005 61412 46205 46603 43721 104166 31890 56730 39287 31640 75372 89413 66939 61364 61035
1989 I 61792 58578 53079 61728 47975 47067 44460 105845 32442 56358 40442 31786 74909 87583 67290 61660 61600 II 62254 58840 53378 61958 47415 47131 45092 104650 33297 54689 42202 31937 76069 89554 67965 62259 62048 III 62748 59450 54147 62437 46858 47951 46384 108318 34153 54093 42664 31893 76786 90416 68595 63043 62560 IV 62885 59741 53967 63081 46377 47162 45700 107653 33513 52957 43335 32471 77194 89962 69512 63122 62761
1990 I 63542 60214 54691 63356 46833 47748 46307 110021 33819 53496 45229 33500 78385 91312 70609 63807 63391 II 63794 60412 54105 64146 46846 46644 45507 109482 33032 51438 45843 33444 78501 91421 70730 63834 63652 III 63793 60642 53978 64639 45744 46140 45797 109081 33405 48516 46178 33310 78478 90605 71172 63960 63597 IV 63234 60170 53127 64461 42851 44826 44922 104163 33190 45828 46565 32416 79257 91401 71939 63733 63287
1991 I 62928 59998 52671 64505 41106 43291 43763 101920 32266 43102 46899 32047 79579 92110 72031 63478 62851 II 63353 60456 52966 65076 40900 43226 43343 99143 32224 44120 48587 32617 79857 92371 72317 63935 63155 III 63620 60687 53285 65237 41918 43370 42933 92709 32744 45949 49700 33535 79478 90650 72733 64023 63385 IV 63869 60659 52695 65624 43523 43452 42707 90827 32781 46957 50833 34275 79144 88871 73258 63965 63713
1992 I 64570 61703 53888 66542 42555 43902 42515 89684 32744 49352 51739 34525 79745 88899 74201 64953 64404 II 65256 62068 54163 66969 45358 45628 44201 89690 34575 51240 51741 35092 79651 88810 74106 65418 65080 III 65930 62755 54755 67714 45827 46321 45094 90466 35430 51358 52865 35646 80060 89824 74153 66137 65715 IV 66623 63520 55480 68499 47277 47764 46451 91574 36743 53102 53135 36499 80083 89870 74165 66825 66413
1993 I 66746 63778 55695 68783 48388 48042 46746 89242 37427 53344 53255 37289 79239 87106 74467 66781 66610 II 67173 64390 56587 69188 48768 49117 47990 89101 38816 53972 53907 38060 79180 85876 75107 67341 66965 III 67526 65089 57172 69960 48734 49988 48525 89531 39338 55835 53731 38561 79101 84970 75523 67869 67374 IV 68418 65668 57900 70427 51306 52208 50562 91200 41324 58647 55450 40110 79491 85415 75880 68682 68105
197 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1994 I 69084 66399 58881 70976 53519 52902 51065 87474 42484 59891 55981 41045 78480 82358 76093 69050 68835 II 70029 66892 59404 71441 56639 54174 52097 92472 42818 61875 57827 42574 78810 81893 76899 69631 69732 III 70480 67427 59956 71961 55621 54712 53073 92365 43922 61199 60036 43772 80192 84140 77761 70386 70156 IV 71263 68093 61103 72286 58214 56210 55424 93307 46393 60397 61365 45003 79500 81830 78034 70951 70928
1995 I 71438 68172 60799 72630 58805 57493 57689 95652 48538 59055 62493 45990 79816 81630 78659 71254 71195 II 71591 68731 61209 73287 57224 57275 58089 97565 48660 57157 63354 46427 80083 81307 79279 71675 71373 III 72193 69346 61950 73809 56673 58031 58479 98275 48977 58924 66110 46587 79907 80754 79329 72529 71833 IV 72696 69833 62535 74226 58269 59241 59655 97447 50456 60261 67064 47182 79013 77722 79720 72952 72441
1996 I 73194 70472 63036 74953 59036 60738 61136 99185 51830 61845 67909 48716 79519 79341 79556 73582 72995 II 74460 71269 64265 75451 62094 62713 62893 101358 53442 64457 69047 49806 80661 80472 80706 74636 74167 III 75107 71696 64722 75854 65225 64164 64986 102607 55606 64280 69606 51421 80583 79053 81434 74962 74778 IV 75927 72280 65507 76301 65048 65236 66744 107828 56653 63615 73969 52436 81266 78825 82662 76014 75640
1997 I 76511 73008 66391 76921 66567 66510 68447 108777 58432 63831 75378 54675 81411 77764 83534 76548 76139 II 77646 73304 66340 77443 70817 67943 70146 107813 60580 64638 78363 56511 82116 79142 83832 77157 77338 III 78620 74550 68075 78364 72076 70560 73722 111880 63946 64935 80184 58593 82208 78884 84135 78375 78232 IV 79223 75403 69005 79162 73227 71166 74315 112649 64486 65601 80038 59858 82344 78776 84419 78879 78772
1998 I 79972 76153 69541 80042 76723 73308 76885 111433 67764 66771 80415 62103 81849 76319 85101 79375 79596 II 80691 77463 71369 81018 75805 75863 79699 117435 69840 68778 79488 63526 83628 78419 86686 80716 80286 III 81756 78491 72458 82003 77977 77307 80900 117481 71257 70842 79119 64382 84402 77767 88313 81647 81222 IV 83171 79694 74671 82574 80485 79670 83570 117294 74486 72538 82103 66465 85157 78529 89063 83032 82643
1999 I 83912 80480 75597 83271 83019 81148 85509 116811 76910 72969 81472 68158 85593 78010 90065 83578 83482 II 84568 81747 77386 84213 82729 83047 87906 115395 80111 73755 82409 70330 85950 78009 90636 84619 84178 III 85643 82729 78318 85224 84805 84979 90432 115306 83187 74367 84570 72881 87061 79646 91435 85664 85217 IV 87181 83896 79680 86269 87814 85457 90714 116684 83219 75278 86689 74629 88438 81416 92579 86758 86836
2000 I 87409 85169 80896 87574 86586 87955 94085 118937 86812 75867 88184 77656 87714 78194 93332 87633 87021 II 89114 85969 81340 88591 92581 90167 97556 123869 89896 75349 90688 80023 88884 81324 93347 88669 88743 III 89189 86811 82208 89413 91135 90487 98638 128533 90113 74027 92900 82818 88604 79747 93827 89054 88779 IV 89717 87579 82942 90197 91181 90764 99027 129064 90460 74091 92168 82757 88874 79379 94470 89625 89518
2001 I 89422 87928 83159 90621 86364 90227 98096 125506 90180 74430 90960 81550 90188 81069 95564 90079 89102 II 90009 88260 83398 91006 86084 88816 95517 125954 86853 75477 87991 79121 92061 82805 97518 90477 89755 III 89760 88648 84025 91251 84259 87875 93924 126665 84670 75885 83462 77205 91893 83361 96931 90385 89310 IV 90074 90036 87088 91657 79386 85649 90921 114639 84048 75240 81109 76285 93525 84368 98931 91169 90163
2002 I 90844 90347 86914 92251 82028 84863 88755 108414 82967 77249 82405 78196 94958 86376 100030 91352 90591 II 91327 90806 87328 92738 83018 84535 87330 102546 82740 79143 84641 80837 95870 88372 100302 91611 90915 III 91790 91422 88451 93063 83230 84429 86944 97994 83495 79604 85231 82170 96646 89772 100711 92022 91499 IV 91821 91746 88701 93428 83242 83820 85419 96553 81954 80820 84363 83647 97293 91289 100848 91950 91679
2003 I 92204 92210 89300 93811 83343 83937 85193 95591 81943 81601 83584 82638 97091 91315 100511 92337 91940 II 92986 93123 90947 94312 83865 86121 87543 98449 84144 83454 83313 83817 98534 95718 100201 93396 92830 III 94516 94377 93368 94921 86932 88919 89572 98237 86818 87708 85575 84803 98824 95812 100608 94875 94345 IV 95371 94890 93945 95399 90222 90584 90851 97780 88603 90085 89585 87966 98895 96511 100310 95451 95408
2004 I 95999 95730 94926 96164 90693 90405 90128 97210 87837 90898 91717 90207 99366 97749 100325 95972 96178 II 96617 96155 95138 96707 94634 93193 92565 98337 90666 94318 93154 93828 99730 98304 100575 96384 96580 III 97336 96996 96303 97372 95849 95158 95089 99325 93663 95274 93845 95199 100094 100010 100140 97226 97379 IV 98133 98044 97584 98293 97820 96765 97178 99414 96385 96030 95993 97613 99482 98778 99895 97957 97960
2005 I 99145 98825 98656 98917 99893 97949 98055 101195 96951 97776 97786 98181 99577 99190 99806 98816 99240 II 99586 99803 100017 99689 98113 99692 99498 100812 99015 100050 99885 99265 99685 99286 99922 99858 99588 III 100377 100561 100786 100439 99207 100977 100921 98696 101699 101075 99909 99876 100590 101608 99995 100680 100446 IV 100892 100811 100541 100955 102787 101381 101526 99297 102334 101099 102420 102677 100147 99915 100277 100646 100726
2006 I 102166 101843 102277 101612 104330 103749 105886 103696 106721 100024 106411 104622 101147 102763 100205 102059 102001 II 102581 102457 102633 102362 104183 103277 107797 109068 107314 95488 108200 105792 101232 101887 100851 102420 102370 III 102594 103071 103502 102841 102714 101952 108938 111771 107855 89974 108360 107058 101386 101792 101149 102464 102276 IV 103292 104030 104875 103582 99741 100520 109488 112185 108471 85182 112904 106924 101670 102066 101437 103438 103044
2007 I 103432 104608 105555 104107 98750 100223 111223 115080 109728 81458 114672 108480 101552 100828 101960 103700 103164 II 104362 105010 106055 104457 100953 101096 114118 122401 110781 78890 116571 109019 102401 102582 102288 104399 104153 III 105125 105472 106845 104750 100184 100749 116631 129246 111475 73635 120910 109282 103292 104950 102334 105240 105391 IV 105569 105783 107121 105081 97759 99491 118185 131584 112690 67531 124281 107828 103606 105236 102661 105894 106218
2008 I 105101 105515 105599 105465 94633 97363 117944 131860 112220 62104 125966 108203 104391 107703 102501 105606 105595 II 105447 105478 105719 105344 93176 96078 117269 134869 109945 59721 129793 107511 104838 108996 102473 105988 105947 III 104468 104458 103615 104884 89061 92989 114238 133594 106148 56484 128631 105698 105941 112058 102490 105190 105089 IV 102064 103096 100171 104576 80314 86480 107050 130057 97330 51072 121112 101518 106356 114518 101776 103181 102137
2009 I 100697 102681 100211 103924 69786 79032 98291 118743 89688 45843 111295 91526 106825 113639 102992 102365 100781 II 100618 102224 99684 103494 64480 75092 93667 108062 87704 43058 111460 87652 109307 117333 104794 102521 100681 III 100980 102757 101506 103385 64208 74501 91786 99980 88474 44799 115116 91196 110312 119129 105359 102826 101378 IV 101981 102747 101389 103429 70022 73352 90285 91848 89777 44257 121467 95312 110602 120352 105128 102682 102472
2010 I 102572 103377 102691 103729 73259 73180 90749 86033 92913 42934 123231 97689 109727 120535 103665 102718 103159 II 103142 104042 103531 104310 75792 75696 93411 88731 95582 45223 126079 102286 110498 123355 103292 103280 103902 III 103807 104685 104499 104795 78722 75515 95162 88245 98309 41570 129030 105672 110416 124468 102544 103440 104567 IV 104423 105736 106495 105380 77535 76913 97269 90222 100486 41720 132151 105680 109179 123172 101342 104475 105142
2011 I 104443 106559 107915 105903 76492 76660 96954 83055 103161 41577 134004 106787 107210 119864 100117 104624 105300 II 105084 106812 107655 106412 78778 78942 100297 89561 105120 41994 135352 106816 106985 120681 99317 105258 106022 III 105418 107251 108021 106886 79906 81835 104746 93866 109637 42139 137379 108037 106189 119351 98818 105871 106404 IV 106481 107790 109462 106970 85959 83807 107156 96449 111972 43361 137871 109345 105604 118024 98643 106271 107490
2012 I 106999 108443 110722 107318 87241 85785 109108 99421 113460 45433 139356 110179 104804 116751 98103 106897 107655 II 107408 108843 110922 107817 89029 87074 110536 99638 115439 46502 141176 111785 104425 116647 97574 107222
198 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1929 10593 10517 16312 7786 11298 15049 4650 24602 5275 15659 11318 6389 6924 4809 10362 10580 10614 10601 1930 10184 10073 15445 7563 10836 14344 4402 23616 5161 14177 9651 6192 6617 4675 9935 10172 10226 10213 ndash39 ndash41 ndash39 1931 9172 8995 13318 7031 10022 13354 4027 22385 4672 11155 7799 5880 6566 4395 8960 9162 9169 9159 ndash99 ndash98 ndash99 1932 8129 7934 11477 6352 8854 12089 3495 21113 3808 9675 6252 5352 6253 3956 7918 8120 8097 8088 ndash114 ndash116 ndash114 1933 7916 7652 11384 5953 8709 11882 3531 20284 3756 9674 5992 5511 6321 4096 7700 7908 7880 7872 ndash26 ndash28 ndash26 1934 8303 7999 12506 5876 9145 12297 3543 21428 4169 11218 6807 5929 6755 4420 8068 8296 8313 8306 49 48 49 1935 8468 8194 12834 6006 9188 12424 3708 21239 4109 11503 6920 5979 6834 4451 8226 8461 8482 8475 20 20 20 1936 8561 8268 12883 6103 9279 12404 3702 21206 4310 11891 7404 6159 7463 4432 8328 8553 8573 8565 11 12 11 1937 8876 8570 13347 6330 10084 13443 4206 22419 4728 12681 8263 6290 7584 4541 8651 8866 8944 8934 37 39 37 1938 8708 8376 12808 6336 10221 13548 4126 22959 4877 12095 7636 6303 7713 4505 8478 8697 8684 8673 ndash19 ndash20 ndash19 1939 8599 8295 12616 6319 10166 13404 4081 22717 4910 11932 8014 6201 7568 4441 8389 8586 8599 8586 ndash13 ndash10 ndash13 1940 8674 8365 12728 6369 10423 13712 4147 23325 5057 12942 8549 6129 7270 4480 8450 8661 8700 8687 09 07 09 1941 9239 8883 13770 6594 11193 14614 4438 24809 5524 14130 9029 6507 7651 4781 8988 9226 9285 9271 65 64 65 1942 10000 9989 16045 7059 12272 16154 4951 27285 5935 17073 10342 6539 7506 5284 9709 9984 10014 9998 82 80 82 1943 10562 10907 17888 7500 12808 16675 5381 27428 6424 18676 11132 6645 7577 5675 10253 10544 10556 10537 56 56 56 1944 10815 11534 19078 7845 13239 17011 5500 27955 7048 21035 11693 6559 7444 5895 10486 10795 10807 10787 24 23 24 1945 11091 11995 19950 8101 13658 17446 5744 28427 7524 20862 12021 6633 7512 6090 10764 11072 11093 11074 26 27 26 1946 12369 12831 21473 8593 15061 19298 6433 31118 8169 20164 13403 8213 9584 6654 12081 12353 12410 12394 115 122 116 1947 13743 14132 24057 9220 17688 22449 7798 35253 9784 23413 16058 8875 10168 7466 13414 13727 13755 13739 111 110 111 1948 14522 14932 25478 9706 19198 24383 8675 37794 10606 24661 17451 9218 10074 8346 14192 14506 14526 14510 57 58 57 1949 14515 14818 24887 9872 19572 24948 8645 39253 10747 23190 16633 9482 10503 8418 14210 14497 14499 14481 00 01 ndash01 1950 14628 14996 24968 10125 20006 25459 8753 40238 11012 22583 17667 9488 10442 8494 14373 14610 14656 14638 08 11 08 1951 15635 16016 26981 10624 21733 27902 9761 43656 11801 25515 21353 10118 10898 9365 15402 15614 15712 15690 69 72 69 1952 15976 16345 27241 11012 22264 28534 10021 44539 12125 25670 20580 10321 11005 9768 15709 15954 15982 15960 22 20 22 1953 16178 16563 27117 11440 22449 28790 10217 44647 12212 25598 19696 10429 11080 9958 15881 16157 16174 16153 13 11 13 1954 16342 16704 27016 11728 22619 29066 10093 45718 12261 25250 19965 10650 11337 10123 16059 16321 16322 16301 10 11 10 1955 16576 16772 26857 11930 22989 29462 10295 46151 12516 25466 19858 11093 11947 10320 16280 16557 16601 16582 14 14 14 1956 17148 17108 27314 12217 24341 31782 11176 49581 12835 26318 20208 11716 12562 10981 16831 17128 17170 17150 35 34 34 1957 17749 17628 28168 12574 25187 33406 11655 52392 12868 27316 20438 12234 13125 11456 17400 17727 17741 17720 35 34 35 1958 18157 18043 28809 12882 25249 33570 11468 53415 12836 27039 19589 12602 13663 11608 17779 18136 18139 18118 23 22 23 1959 18363 18314 28957 13229 25488 34011 11530 54395 12875 27094 19766 12653 13564 11851 17987 18344 18355 18336 11 12 11 1960 18620 18615 29184 13580 25624 34165 11516 54845 12962 27474 19955 12809 13677 12066 18235 18601 18612 18592 14 14 14 1961 18830 18810 29294 13826 25543 33970 11446 54544 12983 27892 19955 13065 13908 12357 18428 18811 18821 18802 11 11 11 1962 19087 19032 29444 14089 25559 33975 11537 54274 13003 27961 19720 13398 14202 12743 18670 19069 19078 19060 14 13 14 1963 19290 19254 29689 14305 25485 33971 11636 53975 12901 27898 20102 13690 14506 13028 18887 19273 19281 19264 11 12 11 1964 19589 19536 30013 14572 25640 34142 11801 53952 13003 28128 20526 14070 14995 13293 19191 19572 19580 19563 16 16 16 1965 19945 19819 30328 14845 26077 34532 12143 54001 13372 29023 20812 14444 15379 13662 19524 19929 19936 19920 18 17 18 1966 20511 20322 30996 15276 26626 35047 12580 54144 13857 29900 21297 15044 15914 14334 20071 20495 20502 20486 28 28 28 1967 21142 20834 31542 15785 27372 35939 12973 55344 14339 31045 21379 15671 16386 15137 20654 21126 21133 21116 31 29 31 1968 22040 21645 32642 16467 28472 37203 13621 56831 15100 31723 21704 16520 17287 15945 21526 22024 22031 22015 42 42 43 1969 23130 22626 33907 17324 29877 38740 14518 58411 16144 32796 22270 17517 18226 17013 22582 23112 23119 23101 49 49 49 1970 24349 23685 35200 18285 31162 40571 15473 60560 16666 34053 23587 18945 19699 18411 23798 24331 24338 24320 53 54 53 1971 25567 24692 36258 19284 32731 42479 16664 62360 17632 35310 25035 20421 21383 19720 25021 25549 25554 25537 50 51 50 1972 26670 25536 37186 20102 34135 43914 17863 63112 18703 36956 26789 21989 23471 20896 26134 26652 26657 26639 43 44 43 1973 28148 26913 39404 21077 36020 45605 19247 64184 20359 41816 31446 23594 25080 22495 27647 28134 28136 28121 55 58 56 1974 30695 29716 44322 22866 39568 50008 21910 68917 22460 51517 44989 25977 27315 24970 30484 30674 30690 30669 90 103 90 1975 33606 32198 47903 24834 44525 56893 24534 79100 24547 56781 48734 28586 30158 27410 33328 33584 33591 33570 95 93 95 1976 35535 33966 49777 26556 47106 60048 25741 83754 26124 58645 50201 30469 32302 29114 35238 35518 35519 35502 57 57 58 1977 37796 36171 52435 28558 50803 64157 27973 88730 28759 61033 54624 32583 34742 31005 37617 37780 37783 37767 64 68 64 1978 40447 38705 55653 30777 55094 68453 30675 93412 32281 64752 58482 34670 36888 33042 40286 40432 40435 40419 70 71 70 1979 43811 42137 60916 33350 60088 74013 34238 99335 35902 72545 68483 37575 39727 35976 43833 43795 43798 43782 83 88 83 1980 47817 46663 67737 36802 65710 80541 37421 107819 39789 79903 85301 41669 43900 40002 48448 47794 47791 47769 91 105 91 1981 52326 50833 72769 40555 71816 88316 42567 115524 43036 85810 89886 45768 48165 43975 52909 52306 52270 52251 94 92 94 1982 55514 53640 74753 43709 75747 93181 45927 120030 45340 86204 86855 48775 51434 46786 55906 55493 55459 55438 61 57 61 1983 57705 55948 76102 46429 75628 92350 44757 120284 46380 86544 83601 50717 53218 48857 57865 57687 57652 57635 39 35 40 1984 59874 58065 77541 48846 76070 92127 45147 119234 47713 87347 82879 53319 56358 51034 59904 59856 59817 59800 38 35 38 1985 61686 59965 78785 51049 77028 92850 46219 119090 48944 84674 80157 54974 57635 53002 61605 61672 61628 61614 30 28 30 1986 63057 61427 78417 53375 78870 94427 47106 120976 50994 83406 80154 55977 57938 54577 63000 63039 62991 62973 22 23 22 1987 64818 63618 80939 55409 80332 95275 47863 121637 53079 85516 85008 57541 58642 56849 64978 64803 64819 64804 28 31 28 1988 67047 66151 83072 58123 82415 97392 49895 123155 54913 89945 89074 59074 59884 58621 67215 67032 67046 67031 34 34 34 1989 69579 69025 86268 60840 84410 99435 51848 124695 56680 91443 91021 60924 61504 60654 69765 69572 69577 69570 38 38 38 1990 72274 72180 89801 63808 86125 101339 53522 126310 58011 92063 93630 63405 63548 63474 72601 72272 72262 72260 39 41 39 1991 74826 74789 91996 66581 87404 102906 54491 128112 58771 93283 92848 65606 66070 65443 74980 74821 74824 74819 35 33 35 1992 76602 76989 93106 69236 87152 102048 54502 126605 59486 92904 92922 67276 68101 66856 76788 76590 76598 76586 24 24 24 1993 78288 78679 93915 71294 88163 102100 56103 125322 61890 92879 92210 68949 69830 68494 78404 78289 78290 78291 22 21 22 1994 79935 80302 94870 73200 89352 102592 58089 124604 64069 93914 93075 70819 71725 70351 80029 79937 79940 79942 21 21 21
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
188 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1929 9761 7363 1014 379 491 1465 31 9868 9941 10052 9846 1930 8920 6968 676 313 427 1614 ndash224 9192 9111 9392 9000 ndash86 ndash68 ndash84 ndash66 ndash86 1931 8342 6749 425 261 372 1682 ndash403 8652 8539 8859 8407 ndash65 ndash59 ndash63 ndash57 ndash66 1932 7252 6144 128 204 309 1626 ndash541 7666 7439 7865 7305 ndash131 ndash114 ndash129 ndash112 ndash131 1933 7158 6008 189 205 322 1572 ndash494 7432 7351 7634 7203 ndash13 ndash31 ndash12 ndash29 ndash14 1934 7937 6437 341 228 329 1773 ndash513 8140 8127 8337 7977 109 95 106 92 107 1935 8642 6830 631 241 431 1822 ndash451 8645 8922 8927 8689 89 62 98 71 89 1936 9770 7525 809 253 426 2126 ndash517 9789 10061 10081 9811 131 132 128 129 129 1937 10271 7804 1011 319 479 2036 ndash420 10198 10529 10455 10325 51 42 47 37 52 1938 9918 7678 668 315 373 2193 ndash563 10052 10073 10210 9974 ndash34 ndash14 ndash43 ndash23 ndash34 1939 10719 8107 859 333 391 2386 ndash575 10795 10887 10965 10778 81 74 81 74 81 1940 11659 8527 1197 378 401 2453 ndash495 11528 11792 11657 11708 88 68 83 63 86 1941 13650 9132 1462 388 493 4077 ndash916 13378 13915 13637 13715 171 160 180 170 171 1942 16168 8916 772 256 447 9594 ndash2923 16167 16677 16680 16235 185 209 198 223 184 1943 18815 9165 456 216 564 14272 ndash4730 19070 19601 19870 18879 164 180 175 191 163 1944 20335 9426 563 232 590 16061 ndash5357 20614 21165 21461 20402 81 81 80 80 81 1945 20107 10009 744 325 628 14022 ndash4365 20447 20789 21144 20166 ndash11 ndash08 ndash18 ndash15 ndash12 1946 17907 11254 1907 702 520 4821 ndash257 17647 17737 17468 17982 ndash109 ndash137 ndash147 ndash174 ndash108 1947 17746 11470 1832 800 494 4095 43 18017 17375 17646 17848 ndash09 21 ndash20 10 ndash07 1948 18527 11729 2341 630 576 4394 09 18357 18570 18395 18648 44 19 69 42 45 1949 18431 12054 1787 625 556 4919 ndash398 18793 18458 18826 18542 ndash05 24 ndash06 23 ndash06 1950 20042 12827 2523 547 657 4924 ndash122 19890 20346 20194 20165 87 58 102 73 88 1951 21593 13028 2530 670 683 6727 ndash679 21304 21757 21463 21743 77 71 69 63 78 1952 22420 13439 2288 641 743 8100 ndash1305 22438 22725 22745 22574 38 53 45 60 38 1953 23452 14081 2396 598 813 8680 ndash1490 23544 23935 24032 23601 46 49 53 57 45 1954 23304 14377 2285 627 773 8089 ndash1301 23610 23688 24002 23462 ndash06 03 ndash10 ndash01 ndash06 1955 24982 15438 2840 694 866 7793 ndash917 24940 25406 25366 25158 72 56 73 57 72 1956 25476 15890 2801 809 936 7800 ndash888 25511 25814 25852 25669 20 23 16 19 20 1957 25988 16284 2679 879 976 8147 ndash1025 26167 26273 26456 26192 20 26 18 23 20 1958 25754 16426 2457 760 1022 8409 ndash1276 25978 26271 26502 25929 ndash09 ndash07 00 02 ndash10 1959 27601 17359 2955 839 1130 8695 ndash1117 27616 28156 28174 27781 72 63 72 63 71 1960 28285 17836 2954 984 1145 8710 ndash1054 28342 28651 28711 28482 25 26 18 19 25 1961 28944 18203 2935 990 1137 9148 ndash1195 29021 29308 29388 29161 23 24 23 24 24 1962 30698 19103 3308 1040 1266 9711 ndash1198 30623 31163 31089 30941 61 55 63 58 61 1963 32040 19890 3530 1114 1300 9961 ndash1155 31999 32460 32420 32301 44 45 42 43 44 1964 33894 21075 3821 1245 1369 10180 ndash1058 33908 34234 34249 34175 58 60 55 56 58 1965 36070 22408 4357 1280 1515 10487 ndash947 35876 36561 36364 36364 64 58 68 62 64 1966 38421 23679 4741 1369 1740 11411 ndash1039 38034 39070 38677 38698 65 60 69 64 64 1967 39392 24388 4524 1400 1867 12287 ndash1340 39200 40148 39956 39677 25 31 28 33 25 1968 41299 25796 4787 1510 2145 12672 ndash1321 41158 42221 42083 41606 48 50 52 53 49 1969 42582 26762 5066 1583 2267 12643 ndash1205 42450 43550 43420 42880 31 31 31 32 31 1970 42663 27389 4734 1753 2364 12337 ndash1186 42843 43483 43672 42958 02 09 ndash02 06 02 1971 44095 28433 5273 1783 2490 12069 ndash973 44036 45031 44976 44422 34 28 36 30 34 1972 46438 30181 5898 1917 2770 11981 ndash769 46367 47518 47452 46789 53 53 55 55 53 1973 49128 31677 6589 2278 2899 11939 ndash456 48840 49870 49580 49603 58 53 50 45 60 1974 48857 31414 6103 2458 2833 12240 ndash525 48700 49221 49062 49398 ndash06 ndash03 ndash13 ndash10 ndash04 1975 48754 32126 5022 2443 2518 12516 ndash835 49221 48679 49147 49172 ndash02 11 ndash11 02 ndash05 1976 51369 33915 6037 2550 3011 12572 ndash694 51159 51848 51636 51868 54 39 65 51 55 1977 53731 35343 6949 2611 3340 12710 ndash542 53403 54598 54270 54291 46 44 53 51 47 1978 56728 36901 7787 2886 3629 13084 ndash301 56349 57584 57204 57284 56 55 55 54 55 1979 58501 37778 8035 3172 3690 13328 ndash122 58362 58983 58842 59252 31 36 24 29 34
See the note at the end of the table
NOTE Chain-type estimates provide the best available method for components in the table comparing the level of a given series at two points in time Chained- It is usually best to make comparisons of aggregate series in dollar estimates are obtained by multiplying the chain-type quantity current dollars or to use BEArsquos estimates of contributions to percent index for an aggregate by its value in current dollars in the refer- change Measures of the contributions of components to the pershyence year (currently 2005) and dividing by 100 For an analysis of centage change in real GDP and to the percentage change in other changes over time in an aggregate or in a component the percent- major aggregates are provided in NIPA tables 112 122 152 age changes calculated from the chained-dollar estimates and the 232 392 422 532 542 and 552 In general the use of chain-type quantity indexes are the same Thus chained-dollar esti- chained-dollar estimates to calculate component shares or composhymates can be used to compute ldquorealrdquo (that is inflation-adjusted) rates nent contributions may be misleading for periods away from the ref-of growth However comparisons of two or more different chained- erence year component shares of GDP are provided in table dollar series must be made with caution because the prices used as 1110 In the November 2003 SURVEY OF CURRENT BUSINESS the artishyweights in the chained-dollar calculations usually differ from the cle ldquoChained-Dollar Indexes Issues Tips on Their Use and prices in the reference period and the resulting chained-dollar values Upcoming Changesrdquo discussed the advantages of using chain for detailed GDP components usually do not sum to the chained-dol- weighted indexes and the challenges of using chained dollars To lar estimate of GDP or to any intermediate aggregate A measure of assist users in undertaking historical analysis BEA provides supple-the extent of such differences is provided in most chained-dollar mental tables that present estimates for selected timespans in tables by a ldquoresidualrdquo line which indicates the difference between GDP chained 1937 1952 1972 and 1987 dollars (see tables 116A (or another major aggregate) and the sum of the most detailed 116B 116C and 116D)
189 August 2012 SURVEY OF CURRENT BUSINESS
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1980 58340 37645 7152 3514 3445 13588 ndash114 58736 57848 58233 59083 ndash03 06 ndash19 ndash10 ndash03 1981 59821 38216 7796 3557 3535 13712 75 59544 59397 59117 60473 25 14 27 15 24 1982 58659 38749 6703 3285 3491 13953 ndash540 59182 58604 59119 59340 ndash19 ndash06 ndash13 00 ndash19 1983 61309 40964 7328 3201 3931 14463 ndash716 61676 62031 62393 61971 45 42 58 55 44 1984 65715 43136 9487 3462 4888 14949 ndash431 64900 67397 66584 66341 72 52 87 67 71 1985 68434 45383 9398 3567 5205 15990 ndash699 68331 70394 70293 68880 41 53 44 56 38 1986 70805 47224 9335 3841 5650 16962 ndash907 70927 72972 73097 71104 35 38 37 40 32 1987 73070 48680 9622 4254 5984 17371 ndash873 72899 75121 74953 73359 32 28 29 25 32 1988 76074 50643 9849 4935 6219 17589 ndash723 76013 77522 77462 76439 41 43 32 33 42 1989 78792 52075 10244 5502 6493 18068 ndash604 78608 79842 79658 79173 36 34 30 28 36 1990 80271 53137 9899 5997 6726 18640 ndash676 80258 80978 80964 80750 19 21 14 16 20 1991 80083 53217 9094 6395 6716 18844 ndash751 80279 80278 80471 80488 ndash02 00 ndash09 ndash06 ndash03 1992 82800 55032 9831 6835 7187 18932 ndash643 82772 83027 82995 83194 34 31 34 31 34 1993 85162 56986 10709 7059 7808 18782 ndash566 85080 85857 85773 85560 29 28 34 33 28 1994 88631 59162 12164 7674 8739 18780 ndash410 88017 89685 89070 88930 41 35 45 38 39 1995 90860 60762 12543 8451 9439 18889 ndash346 90654 91813 91606 91217 25 30 24 28 26 1996 94258 62883 13653 9153 10260 19079 ndash250 94044 95340 95124 94631 37 37 38 38 37 1997 98459 65204 15352 10243 11641 19438 ndash137 97742 99844 99125 98734 45 39 47 42 43 1998 102747 68623 16889 10477 13002 19850 ndash90 102083 105311 104647 102953 44 44 55 56 43 1999 107707 72376 18376 10934 14499 20561 ndash41 107065 111318 110677 108029 48 49 57 58 49 2000 112164 76046 19631 11874 16387 20978 22 111580 116716 116133 112592 41 42 48 49 42 2001 113375 78103 18252 11208 15926 21783 ndash45 113820 118158 118609 113950 11 20 12 21 12 2002 115431 80183 18004 10983 16468 22796 ndash67 115336 120975 120883 115971 18 13 24 19 18 2003 118364 82445 18701 11160 17197 23305 ndash50 118205 124447 124290 119099 25 25 29 28 27 2004 122469 85158 20582 12225 19104 23620 ndash12 121813 129355 128698 123416 35 31 39 35 36 2005 126230 88035 21723 13051 20278 23699 00 125730 133457 132957 127201 31 32 32 33 31 2006 129585 90545 22318 14221 21515 24021 ndash05 128993 136881 136290 130283 27 26 26 25 24 2007 132064 92629 21595 15544 22032 24342 ndash14 131775 138553 138264 133220 19 22 12 14 23 2008 131619 92117 19398 16493 21440 24974 77 132005 136531 136912 133169 ndash03 02 ndash15 ndash10 00 2009 127579 90326 14581 14987 18538 25894 329 128997 131023 132430 128890 ndash31 ndash23 ndash40 ndash33 ndash32 2010 130630 91962 16580 16656 20852 26058 226 130103 134730 134197 132534 24 09 28 13 28 2011 132991 94288 17440 17769 21849 25239 104 132653 136988 136642 135220 18 20 17 18 20
1947 I 17707 11309 1887 852 510 4073 96 17855 17264 17408 17804 II 17680 11497 1735 842 520 4098 28 17972 17265 17557 17781 ndash06 26 00 35 ndash05 III 17665 11534 1679 799 461 4136 ndash22 18117 17252 17709 17766 ndash03 33 ndash03 35 ndash03 IV 17933 11538 2027 708 486 4075 71 18123 17717 17909 18040 62 01 112 46 63
1948 I 18218 11596 2247 676 548 4155 92 18202 18140 18122 18334 65 17 99 48 67 II 18553 11730 2395 613 569 4355 29 18334 18621 18395 18676 75 29 110 62 76 III 18653 11748 2421 627 599 4440 16 18366 18732 18437 18776 22 07 24 09 22 IV 18682 11841 2300 605 589 4627 ndash102 18524 18787 18625 18805 06 35 12 41 06
1949 I 18422 11860 1942 678 572 4759 ndash245 18600 18382 18561 18540 ndash55 16 ndash84 ndash14 ndash55 II 18355 12041 1671 672 563 4974 ndash440 18840 18313 18806 18470 ndash14 53 ndash15 54 ndash15 III 18561 12069 1817 616 540 5024 ndash425 18832 18587 18862 18672 46 ndash02 61 12 45 IV 18387 12245 1718 533 549 4918 ndash478 18900 18551 19076 18488 ndash37 15 ndash08 46 ndash39
1950 I 19130 12449 2149 524 564 4835 ndash263 19204 19339 19415 19238 172 66 181 73 172 II 19712 12654 2389 531 595 4914 ndash181 19720 19959 19968 19826 127 112 134 119 128 III 20484 13303 2604 544 734 4820 ndash53 20430 20893 20842 20618 166 152 201 187 169 IV 20844 12902 2950 588 736 5127 13 20207 21194 20549 20978 72 ndash43 59 ndash55 72
1951 I 21107 13214 2639 618 736 5675 ndash303 20804 21418 21112 21236 51 124 43 114 50 II 21457 12841 2704 679 711 6456 ndash512 20903 21645 21082 21608 68 19 43 ndash06 72 III 21885 12991 2495 695 651 7188 ndash833 21595 21969 21673 22041 82 139 61 117 83 IV 21922 13067 2283 689 634 7589 ndash1072 21915 21994 21986 22087 07 61 05 59 08
1952 I 22143 13096 2336 725 708 7824 ndash1130 22095 22259 22210 22299 41 33 49 42 39 II 22167 13353 2142 646 704 8089 ndash1359 22453 22410 22701 22324 04 66 27 91 05 III 22316 13418 2256 595 747 8170 ndash1376 22234 22701 22620 22470 27 ndash38 53 ndash14 26 IV 23053 13892 2418 599 814 8316 ndash1358 22971 23530 23450 23205 139 139 154 155 137
1953 I 23484 14057 2466 589 794 8598 ndash1432 23467 23960 23946 23634 77 89 75 87 76 II 23662 14142 2475 592 835 8787 ndash1499 23653 24186 24180 23820 31 32 38 40 32 III 23518 14110 2417 616 832 8681 ndash1474 23595 23996 24078 23661 ndash24 ndash10 ndash31 ndash17 ndash26 IV 23146 14016 2226 596 791 8654 ndash1555 23461 23599 23923 23289 ndash62 ndash23 ndash65 ndash25 ndash62
1954 I 23035 14067 2207 569 745 8422 ndash1485 23324 23472 23769 23188 ndash19 ndash23 ndash21 ndash26 ndash17 II 23064 14250 2200 651 812 8125 ndash1350 23419 23456 23819 23217 05 16 ndash03 09 05 III 23324 14444 2312 630 763 7929 ndash1228 23652 23693 24028 23479 46 40 41 36 46 IV 23791 14747 2419 659 771 7880 ndash1143 24046 24131 24392 23964 83 68 76 62 85
1955 I 24477 15078 2677 683 816 7871 ndash1016 24505 24847 24878 24653 120 79 124 82 120 II 24881 15366 2846 667 862 7793 ndash929 24826 25341 25288 25055 68 54 82 67 67 III 25214 15556 2887 711 877 7840 ndash903 25188 25629 25605 25390 55 60 46 51 54 IV 25355 15752 2949 714 909 7670 ndash821 25242 25806 25693 25534 22 08 28 14 23
1956 I 25239 15778 2850 748 947 7666 ndash856 25186 25680 25629 25437 ndash18 ndash09 ndash19 ndash10 ndash15 II 25438 15830 2818 799 942 7827 ndash894 25466 25798 25828 25634 32 45 18 31 31 III 25406 15866 2785 825 950 7753 ndash873 25476 25733 25806 25606 ndash05 02 ndash10 ndash03 ndash04 IV 25821 16084 2752 862 907 7954 ndash924 25916 26046 26143 25999 67 71 49 53 63
1957 I 25979 16195 2707 919 979 8117 ndash980 26143 26206 26373 26187 25 36 25 35 29 II 25917 16224 2704 891 986 8067 ndash983 26047 26194 26327 26138 ndash10 ndash15 ndash02 ndash07 ndash07 III 26166 16353 2768 866 967 8129 ndash983 26242 26465 26543 26379 39 30 42 33 37 IV 25891 16361 2537 841 971 8277 ndash1154 26236 26229 26582 26063 ndash41 ndash01 ndash35 06 ndash47
See the note at the end of the table
190 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1958 I 25190 16139 2348 757 985 8184 ndash1253 25565 25659 26044 25366 ndash104 ndash99 ndash84 ndash79 ndash103 II 25345 16271 2293 761 1027 8389 ndash1342 25698 25858 26221 25524 25 21 31 28 25 III 25939 16538 2482 763 1012 8442 ndash1274 26072 26444 26582 26112 97 60 94 56 96 IV 26543 16756 2706 761 1065 8622 ndash1237 26576 27123 27159 26715 97 79 107 90 96
1959 I 27080 17067 2859 811 1092 8566 ndash1131 27124 27625 27672 27251 83 85 76 78 83 II 27764 17329 3097 838 1145 8697 ndash1052 27591 28340 28167 27936 105 71 108 73 104 III 27731 17510 2882 865 1156 8806 ndash1176 27927 28279 28481 27915 ndash05 50 ndash09 45 ndash03 IV 27828 17529 2983 841 1126 8710 ndash1109 27822 28380 28377 28022 14 ndash15 15 ndash14 16
1960 I 28453 17697 3305 947 1169 8539 ndash866 28126 28906 28574 28640 93 44 76 28 91 II 28320 17921 2971 1007 1178 8608 ndash1009 28394 28689 28766 28511 ndash19 39 ndash30 27 ndash18 III 28366 17850 2953 982 1143 8815 ndash1091 28354 28736 28726 28565 07 ndash06 07 ndash06 08 IV 28002 17874 2588 1002 1089 8877 ndash1250 28493 28276 28778 28212 ndash50 20 ndash63 07 ndash49
1961 I 28169 17869 2654 995 1084 8993 ndash1258 28516 28450 28805 28390 24 03 25 04 25 II 28696 18134 2852 981 1097 9014 ndash1188 28822 29024 29153 28906 77 44 83 49 75 III 29159 18222 3091 976 1170 9191 ndash1151 29044 29584 29468 29375 66 31 80 44 66 IV 29753 18587 3143 1006 1197 9393 ndash1179 29704 30175 30127 29973 84 94 82 93 84
1962 I 30287 18785 3331 1004 1234 9559 ndash1158 30067 30764 30541 30505 74 50 80 56 73 II 30621 19016 3298 1100 1261 9611 ndash1143 30579 30989 30947 30860 45 70 30 54 47 III 30904 19170 3357 1038 1277 9830 ndash1214 30816 31387 31299 31146 37 31 53 46 37 IV 30979 19442 3245 1016 1292 9844 ndash1276 31029 31514 31567 31254 10 28 16 35 14
1963 I 31384 19573 3425 1040 1263 9784 ndash1175 31235 31861 31711 31647 53 27 45 18 51 II 31777 19760 3475 1161 1292 9772 ndash1099 31765 32113 32102 32032 51 70 32 50 49 III 32376 20029 3588 1099 1325 10191 ndash1206 32329 32851 32805 32635 77 73 95 91 77 IV 32622 20196 3632 1155 1321 10098 ndash1138 32665 33016 33062 32889 31 42 20 32 32
1964 I 33354 20595 3781 1225 1319 10135 ndash1063 33379 33659 33685 33644 93 90 80 78 95 II 33737 20958 3764 1246 1349 10201 ndash1083 33776 34052 34092 34016 47 48 47 49 45 III 34195 21343 3853 1236 1385 10207 ndash1059 34194 34572 34572 34483 55 51 63 58 56 IV 34290 21402 3885 1273 1423 10178 ndash1025 34283 34655 34649 34559 11 10 10 09 09
1965 I 35133 21878 4276 1136 1372 10153 ndash938 34826 35665 35354 35436 102 65 122 84 106 II 35609 22120 4276 1349 1533 10284 ndash887 35455 36006 35850 35922 55 74 39 57 56 III 36332 22500 4428 1272 1540 10640 ndash968 36121 36866 36654 36624 84 77 99 93 81 IV 37208 23132 4449 1364 1615 10869 ndash991 37102 37706 37598 37476 100 113 94 107 96
1966 I 38122 23474 4825 1340 1657 11064 ndash924 37721 38718 38311 38399 102 68 112 78 102 II 38249 23535 4737 1398 1698 11260 ndash983 37892 38805 38442 38526 13 18 09 14 13 III 38500 23804 4690 1346 1793 11565 ndash1112 38207 39241 38945 38772 27 34 46 53 26 IV 38812 23903 4712 1390 1813 11753 ndash1133 38315 39514 39010 39095 33 11 28 07 34
1967 I 39154 24042 4583 1417 1842 12252 ndash1298 38703 39854 39396 39434 36 41 35 40 35 II 39162 24370 4388 1404 1827 12185 ndash1358 39116 39866 39823 39435 01 43 01 44 00 III 39475 24495 4514 1370 1851 12312 ndash1365 39316 40262 40103 39774 32 21 40 29 35 IV 39776 24646 4611 1409 1948 12396 ndash1338 39664 40612 40502 40067 31 36 35 40 30
1968 I 40595 25234 4712 1450 2063 12613 ndash1351 40494 41507 41409 40894 85 86 91 93 85 II 41285 25621 4902 1479 2095 12671 ndash1293 40901 42202 41815 41589 70 41 69 40 70 III 41567 26103 4743 1566 2221 12697 ndash1321 41487 42490 42413 41881 28 59 28 58 28 IV 41747 26223 4792 1546 2202 12708 ndash1320 41751 42685 42694 42059 17 26 18 27 17
1969 I 42405 26517 5108 1360 1994 12720 ndash1306 42182 43422 43200 42717 65 42 71 48 64 II 42528 26686 5067 1665 2388 12667 ndash1169 42390 43495 43358 42830 12 20 07 15 11 III 42797 26815 5185 1625 2357 12685 ndash1156 42609 43798 43611 43086 26 21 28 24 24 IV 42596 27029 4905 1682 2331 12498 ndash1187 42617 43485 43512 42885 ndash19 01 ndash28 ndash09 ndash19
1970 I 42529 27195 4752 1696 2323 12431 ndash1222 42733 43388 43602 42825 ndash06 11 ndash09 08 ndash06 II 42607 27319 4767 1771 2369 12271 ndash1152 42651 43405 43455 42912 07 ndash08 02 ndash13 08 III 42986 27559 4848 1765 2364 12324 ndash1146 43033 43796 43849 43287 36 36 37 37 35 IV 42530 27484 4567 1781 2400 12324 ndash1226 42953 43344 43781 42807 ndash42 ndash07 ndash41 ndash06 ndash44
1971 I 43703 28009 5160 1788 2372 12124 ndash1006 43485 44505 44287 44029 115 50 112 47 119 II 43951 28266 5320 1785 2551 12085 ndash954 43785 44943 44780 44294 23 28 40 45 24 III 44302 28491 5390 1858 2607 12078 ndash908 44171 45255 45127 44614 32 36 28 31 29 IV 44425 28965 5222 1702 2431 11988 ndash1021 44703 45421 45711 44753 11 49 15 53 13
1972 I 45219 29352 5591 1882 2786 12031 ndash851 45324 46336 46450 45561 73 57 83 66 74 II 46291 29912 5933 1828 2687 12106 ndash801 46077 47408 47196 46629 98 68 96 66 97 III 46735 30374 6018 1938 2743 11856 ndash708 46492 47764 47522 47100 39 37 30 28 41 IV 47505 31086 6049 2020 2866 11931 ndash715 47574 48563 48639 47868 68 96 69 97 67
1973 I 48720 31655 6433 2168 2999 12048 ndash585 48617 49733 49633 49137 106 91 100 84 110 II 49284 31639 6734 2273 2912 11976 ndash426 48855 50060 49627 49728 47 20 27 00 49 III 49021 31753 6470 2280 2832 11823 ndash473 48916 49685 49581 49537 ndash21 05 ndash30 ndash04 ndash15 IV 49488 31660 6718 2392 2853 11910 ndash339 48972 50003 49480 50008 39 05 26 ndash08 39
1974 I 49054 31383 6289 2423 2756 12159 ndash444 48912 49372 49228 49663 ndash35 ndash05 ndash49 ndash20 ndash27 II 49180 31492 6258 2541 2902 12241 ndash450 48966 49506 49291 49756 10 04 11 05 08 III 48694 31622 5905 2404 2851 12259 ndash645 48815 49172 49294 49219 ndash39 ndash12 ndash27 00 ndash43 IV 48502 31158 5961 2466 2823 12302 ndash562 48106 48833 48434 48955 ndash16 ndash57 ndash27 ndash68 ndash21
1975 I 47912 31420 4914 2484 2540 12452 ndash818 48482 47789 48360 48293 ndash48 32 ndash83 ndash06 ndash53 II 48278 31944 4744 2412 2337 12357 ndash842 48979 47985 48687 48662 31 42 17 27 31 III 49091 32399 5145 2371 2531 12574 ndash867 49419 49164 49492 49506 69 36 102 68 71 IV 49733 32742 5287 2505 2666 12680 ndash815 50003 49781 50051 50226 53 48 51 46 59
1976 I 50863 33396 5834 2488 2833 12712 ndash734 50694 51187 51015 51343 94 56 118 79 92 II 51246 33703 6083 2513 2956 12573 ndash670 50865 51706 51322 51744 30 14 41 24 32 III 51497 34059 6094 2586 3076 12507 ndash673 51180 52010 51690 52000 20 25 24 29 20 IV 51871 34503 6137 2612 3178 12497 ndash700 51895 52490 52515 52386 29 57 37 65 30
See the note at the end of the table
191 August 2012 SURVEY OF CURRENT BUSINESS
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1977 I 52473 34897 6438 2570 3329 12610 ndash713 52382 53384 53294 53061 47 38 70 61 52 II 53516 35090 6936 2639 3359 12741 ndash531 53224 54364 54072 54092 82 66 75 60 80 III 54473 35425 7314 2660 3312 12765 ndash379 53784 55225 54533 55043 74 43 65 34 72 IV 54461 35959 7108 2574 3359 12723 ndash544 54223 55419 55180 54969 ndash01 33 14 48 ndash05
1978 I 54647 36169 7249 2635 3585 12744 ndash565 54292 55835 55479 55234 14 05 30 22 19 II 56797 36942 7746 2910 3596 13088 ndash293 56446 57569 57216 57287 167 168 130 131 157 III 57354 37097 7985 2942 3643 13193 ndash220 56964 58143 57751 57888 40 37 40 38 43 IV 58113 37396 8167 3058 3693 13312 ndash127 57695 58788 58368 58726 54 52 45 43 59
1979 I 58210 37585 8166 3061 3683 13192 ndash111 57878 58864 58529 58838 07 13 05 11 08 II 58264 37563 8147 3069 3703 13332 ndash144 57875 58935 58543 58968 04 00 05 01 09 III 58683 37932 7988 3179 3646 13351 ndash121 58714 59085 59113 59523 29 59 10 39 38 IV 58845 38033 7839 3380 3726 13438 ndash119 58982 59049 59182 59678 11 18 ndash02 05 10
1980 I 59034 37967 7783 3474 3729 13654 ndash115 59096 59093 59151 59883 13 08 03 ndash02 14 II 57824 37105 7081 3539 3458 13697 ndash140 57938 57321 57428 58609 ndash79 ndash76 ndash115 ndash112 ndash82 III 57717 37503 6541 3532 3210 13508 ndash157 58693 56791 57746 58456 ndash07 53 ndash36 22 ndash10 IV 58784 38003 7206 3510 3382 13494 ndash47 59218 58185 58606 59386 76 36 102 61 65
1981 I 60006 38211 7922 3577 3526 13673 149 59509 59534 59037 60648 86 20 96 30 88 II 59527 38211 7545 3596 3532 13704 03 59627 59038 59131 60132 ndash32 08 ndash33 06 ndash34 III 60250 38366 8013 3520 3491 13673 169 59696 59809 59255 60893 49 05 53 08 52 IV 59500 38076 7702 3536 3591 13799 ndash22 59344 59206 59047 60221 ndash49 ndash23 ndash40 ndash14 ndash43
1982 I 58523 38322 6900 3383 3489 13785 ndash378 59177 58315 58958 59206 ndash64 ndash11 ndash59 ndash06 ndash66 II 58840 38459 6894 3403 3432 13865 ndash349 59152 58508 58812 59606 22 ndash02 13 ndash10 27 III 58614 38754 6813 3252 3591 13960 ndash574 58765 58766 58912 59263 ndash15 ndash26 18 07 ndash23 IV 58660 39461 6207 3103 3450 14201 ndash862 59635 58828 59794 59286 03 61 04 61 02
1983 I 59389 39848 6428 3153 3529 14308 ndash819 60265 59602 60469 60008 51 43 54 46 50 II 60724 40639 7048 3163 3801 14430 ndash755 61118 61317 61706 61383 93 58 120 84 95 III 61922 41357 7522 3211 4097 14680 ndash751 62252 62869 63196 62593 81 76 105 100 81 IV 63202 42013 8314 3275 4298 14432 ndash534 63070 64336 64203 63899 85 54 97 65 86
1984 I 64428 42373 9184 3344 4643 14578 ndash408 63492 65944 65010 65072 80 27 104 51 76 II 65540 42979 9494 3427 4838 14892 ndash414 64656 67204 66321 66188 71 75 79 83 70 III 66177 43311 9714 3503 4963 15002 ndash390 65252 67903 66979 66819 39 37 42 40 39 IV 66716 43881 9555 3574 5108 15323 ndash509 66203 68537 68026 67287 33 60 38 64 28
1985 I 67345 44625 9240 3576 4996 15499 ndash599 67325 69016 68997 67800 38 70 28 58 31 II 67915 45032 9399 3563 5241 15847 ndash685 67838 69926 69851 68400 34 31 54 50 36 III 68976 45887 9296 3511 5190 16258 ndash786 68940 70995 70961 69376 64 67 63 65 58 IV 69500 45988 9659 3617 5394 16355 ndash725 69221 71640 71365 69945 31 17 37 23 33
1986 I 70168 46372 9639 3731 5389 16532 ndash717 69934 72146 71915 70559 39 42 29 31 36 II 70450 46866 9425 3772 5618 16883 ndash878 70461 72669 72684 70730 16 31 29 43 10 III 71129 47685 9130 3858 5774 17266 ndash1036 71453 73431 73759 71443 39 58 43 61 41 IV 71473 47972 9144 4002 5819 17166 ndash992 71858 73641 74030 71685 19 23 12 15 14
1987 I 71869 47899 9423 4005 5784 17237 ndash911 71666 73988 73789 72109 22 ndash11 19 ndash13 24 II 72633 48540 9436 4164 5928 17346 ndash925 72622 74729 74721 72935 43 54 41 51 47 III 73263 49082 9446 4343 6043 17346 ndash911 73489 75273 75501 73556 35 49 29 42 35 IV 74517 49200 10183 4504 6182 17556 ndash744 73820 76494 75802 74838 70 18 67 16 71
1988 I 74902 50022 9609 4753 6153 17471 ndash800 74911 76510 76520 75303 21 60 01 38 25 II 75864 50385 9843 4885 6083 17517 ndash683 75814 77199 77149 76231 52 49 36 33 50 III 76256 50783 9906 4975 6226 17507 ndash689 76174 77659 77578 76586 21 19 24 22 19 IV 77274 51381 10037 5127 6416 17862 ndash717 77153 78722 78603 77637 55 52 56 54 56
1989 I 77999 51569 10422 5278 6446 17752 ndash576 77525 79286 78813 78356 38 19 29 11 38 II 78583 51800 10300 5508 6476 18028 ndash577 78278 79604 79299 78926 30 39 16 25 29 III 79206 52337 10179 5568 6467 18197 ndash608 79264 80135 80192 79577 32 51 27 46 33 IV 79379 52593 10074 5656 6584 18294 ndash654 79363 80344 80327 79833 09 05 10 07 13
1990 I 80208 53009 10173 5903 6793 18576 ndash660 80224 81122 81137 80635 42 44 39 41 41 II 80527 53184 10176 5983 6782 18604 ndash638 80259 81323 81054 80966 16 02 10 ndash04 17 III 80526 53386 9937 6027 6754 18598 ndash668 80417 81233 81123 80896 00 08 ndash04 03 ndash03 IV 79820 52970 9308 6077 6573 18783 ndash745 80132 80234 80541 80501 ndash35 ndash14 ndash48 ndash28 ndash19
1991 I 79434 52820 8929 6121 6498 18859 ndash797 79811 79701 80075 79947 ndash19 ndash16 ndash26 ndash23 ndash27 II 79970 53222 8885 6341 6614 18925 ndash789 80385 80108 80519 80334 27 29 21 22 19 III 80307 53426 9106 6486 6800 18835 ndash746 80496 80494 80681 80626 17 06 19 08 15 IV 80622 53402 9454 6634 6950 18756 ndash674 80423 80810 80609 81044 16 ndash04 16 ndash04 21
1992 I 81507 54320 9244 6752 7001 18899 ndash707 81666 81611 81766 81923 45 63 40 59 44 II 82373 54642 9853 6753 7116 18876 ndash635 82250 82614 82489 82783 43 29 50 36 43 III 83223 55246 9955 6899 7228 18973 ndash622 83154 83421 83348 83591 42 45 40 42 40 IV 84098 55920 10270 6934 7401 18979 ndash604 84019 84461 84378 84478 43 42 51 50 43
1993 I 84253 56147 10511 6950 7561 18779 ndash573 83964 84787 84496 84728 07 ndash03 16 06 12 II 84792 56686 10594 7035 7718 18765 ndash570 84668 85409 85283 85180 26 34 30 38 21 III 85238 57301 10586 7012 7819 18746 ndash588 85332 86002 86094 85701 21 32 28 39 25 IV 86364 57811 11145 7237 8134 18839 ndash534 86354 87229 87218 86630 54 49 58 53 44
See the note at the end of the table
192 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashTable Ends [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1994 I 87205 58455 11626 7306 8323 18599 ndash458 86816 88208 87819 87559 40 22 46 28 44 II 88398 58888 12304 7547 8633 18677 ndash385 87547 89477 88626 88700 56 34 59 37 53 III 88967 59360 12082 7835 8876 19005 ndash439 88496 89990 89518 89240 26 44 23 41 25 IV 89955 59946 12646 8009 9126 18841 ndash361 89207 91065 90317 90221 45 32 49 36 45
1995 I 90176 60016 12774 8156 9326 18916 ndash360 89587 91346 90757 90561 10 17 12 20 15 II 90370 60508 12431 8268 9415 18979 ndash401 90117 91511 91257 90787 09 24 07 22 10 III 91129 61049 12311 8628 9447 18937 ndash349 91190 91883 91942 91373 34 49 16 30 26 IV 91764 61478 12658 8752 9568 18725 ndash281 91722 92514 92469 92146 28 24 28 23 34
1996 I 92393 62040 12824 8862 9879 18845 ndash299 92514 93373 93493 92850 28 35 38 45 31 II 93990 62742 13489 9011 10100 19116 ndash268 93840 95052 94900 94341 71 59 74 62 66 III 94808 63118 14169 9084 10427 19097 ndash233 94250 96157 95597 95119 35 18 47 30 33 IV 95843 63632 14130 9653 10633 19259 ndash198 95572 96780 96508 96214 44 57 26 39 47
1997 I 96580 64273 14460 9837 11087 19294 ndash197 96244 97815 97477 96850 31 28 43 41 27 II 98012 64533 15383 10227 11459 19460 ndash132 97010 99220 98217 98374 61 32 59 31 64 III 99242 65630 15657 10464 11881 19482 ndash110 98541 100642 99940 99513 51 65 59 72 47 IV 100003 66381 15907 10445 12138 19515 ndash107 99175 101698 100867 100198 31 26 43 38 28
1998 I 100948 67041 16666 10495 12593 19397 ndash58 99798 103066 101912 101247 38 25 55 42 43 II 101856 68195 16467 10374 12882 19819 ndash117 101484 104404 104034 102125 36 69 53 86 35 III 103200 69099 16939 10326 13055 20002 ndash111 102655 105983 105439 103315 54 47 62 55 47 IV 104986 70159 17484 10715 13478 20181 ndash75 104396 107791 107201 105122 71 70 70 69 72
1999 I 105921 70851 18034 10633 13821 20284 ndash60 105083 109163 108324 106190 36 27 52 43 41 II 106749 71966 17971 10755 14261 20369 ndash51 106391 110306 109950 107075 32 51 43 61 34 III 108107 72831 18422 11037 14779 20633 ndash37 107705 111893 111493 108397 52 50 59 57 50 IV 110048 73858 19076 11313 15133 20959 ndash25 109081 113910 112942 110456 74 52 74 53 78
2000 I 110336 74978 18809 11508 15747 20787 01 110182 114616 114464 110692 11 41 25 55 09 II 112488 75683 20111 11835 16227 21064 22 111484 116919 115916 112881 80 48 83 52 82 III 112583 76424 19797 12124 16794 20998 34 111968 117288 116674 112928 03 17 13 26 02 IV 113250 77100 19807 12029 16781 21062 33 112685 118041 117478 113868 24 26 26 28 34
2001 I 112878 77408 18761 11871 16537 21373 02 113256 117582 117964 113339 ndash13 20 ndash15 17 ndash18 II 113617 77700 18700 11483 16044 21817 ndash39 113757 118232 118375 114169 27 18 22 14 30 III 113304 78042 18303 10892 15656 21778 ndash55 113641 118141 118483 113603 ndash11 ndash04 ndash03 04 ndash20 IV 113700 79264 17245 10585 15469 22164 ndash89 114626 118676 119612 114688 14 35 18 39 39
2002 I 114671 79537 17819 10754 15857 22504 ndash86 114857 119855 120044 115233 35 08 40 15 19 II 115281 79941 18034 11046 16392 22720 ndash68 115182 120687 120590 115645 21 11 28 18 14 III 115866 80483 18080 11123 16662 22904 ndash62 115699 121459 121294 116387 20 18 26 24 26 IV 115906 80769 18083 11010 16962 23057 ndash51 115608 121899 121603 116617 01 ndash03 15 10 08
2003 I 116389 81177 18104 10908 16757 23009 ndash52 116096 122289 121997 116949 17 17 13 13 11 II 117375 81981 18218 10873 16996 23351 ndash52 117426 123546 123601 118081 34 47 42 54 39 III 119307 83085 18884 11168 17196 23420 ndash54 119286 125388 125370 120008 67 65 61 58 67 IV 120386 83537 19599 11691 17838 23437 ndash40 120011 126566 126191 121360 37 25 38 26 46
2004 I 121179 84276 19701 11970 18292 23549 ndash25 120665 127524 127010 122340 27 22 31 26 33 II 121959 84651 20557 12157 19026 23635 ndash15 121184 128833 128057 122851 26 17 42 33 17 III 122867 85391 20821 12247 19304 23721 ndash09 122242 129926 129301 123867 30 35 34 39 34 IV 123872 86313 21249 12528 19794 23576 00 123161 131136 130425 124607 33 30 38 35 24
2005 I 125150 87001 21700 12762 19909 23599 ndash03 124241 132297 131388 126234 42 36 36 30 53 II 125707 87862 21313 13036 20129 23624 01 125552 132799 132644 126677 18 43 15 39 14 III 126705 88529 21551 13039 20253 23839 00 126585 133918 133799 127769 32 33 34 35 35 IV 127356 88749 22328 13366 20821 23734 00 126542 134812 133999 128124 21 ndash01 27 06 11
2006 I 128964 89658 22663 13887 21215 23971 00 128319 136294 135650 129747 51 57 45 50 52 II 129487 90198 22631 14121 21452 23991 ndash02 128773 136821 136107 130216 16 14 16 14 15 III 129504 90739 22312 14142 21709 24027 ndash07 128828 137076 136400 130096 01 02 07 09 ndash04 IV 130384 91583 21667 14735 21682 24094 ndash13 130053 137333 137001 131073 27 39 07 18 30
2007 I 130561 92092 21451 14965 21998 24067 ndash16 130382 137594 137415 131226 05 10 08 12 05 II 131736 92445 21930 15213 22107 24268 ndash13 131262 138632 138158 132484 36 27 31 22 39 III 132698 92852 21763 15780 22160 24479 ndash16 132318 139083 138703 134058 30 33 13 16 48 IV 133260 93126 21236 16219 21865 24553 ndash09 133140 138901 138782 135110 17 25 ndash05 02 32
2008 I 132668 92891 20557 16439 21941 24739 ndash17 132778 138180 138288 134317 ndash18 ndash11 ndash21 ndash14 ndash23 II 133105 92858 20240 16939 21801 24845 24 133259 137945 138097 134766 13 15 ndash07 ndash05 13 III 131869 91960 19347 16787 21433 25107 101 132256 136465 136846 133674 ndash37 ndash30 ndash42 ndash36 ndash32 IV 128835 90760 17446 15806 20586 25205 204 129729 133533 134415 129919 ndash89 ndash74 ndash83 ndash69 ndash108
2009 I 127110 90395 15160 14525 18560 25316 274 128703 131037 132618 128195 ndash53 ndash31 ndash73 ndash52 ndash52 II 127010 89993 14007 14546 17774 25904 334 128900 130144 132023 128068 ndash03 06 ndash27 ndash18 ndash04 III 127467 90462 13948 15023 18493 26143 384 129283 130820 132623 128953 14 12 21 18 28 IV 128731 90454 15211 15852 19327 26211 330 129102 132093 132456 130345 40 ndash06 40 ndash05 44
2010 I 129476 91008 15914 16082 19809 26004 277 129147 133093 132759 131219 23 01 31 09 27 II 130196 91594 16464 16454 20742 26187 239 129854 134389 134039 132165 22 22 39 39 29 III 131035 92160 17101 16839 21428 26167 196 130055 135534 134548 133011 26 06 35 15 26 IV 131812 93085 16843 17247 21430 25874 193 131356 135905 135441 133742 24 41 11 27 22
2011 I 131838 93809 16616 17488 21654 25407 172 131544 135921 135619 133943 01 06 00 05 06 II 132647 94032 17113 17664 21660 25354 144 132341 136552 136238 134861 25 24 19 18 28 III 133069 94419 17358 17929 21908 25166 105 133112 136964 136996 135347 13 23 12 22 14 IV 134410 94893 18673 17993 22173 25027 ndash03 133614 138514 137713 136729 41 15 46 21 41
2012 I 135064 95468 18951 18187 22342 24837 ndash37 134401 139144 138475 136938 20 24 18 22 06 II 135580 95820 19340 18424 22668 24748 ndash84 134811 139759 138985 15 12 18 15
NOTE The residual is the difference between gross domestic product and the sum of the detailed components shown in this table
193 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1929 7733 8363 8724 7544 4667 6258 5425 33695 2244 9786 2906 2421 6181 2851 10620 7848 7740 1930 7067 7915 8034 7387 3113 4796 4471 28836 1779 5949 2402 2106 6812 3158 11690 7311 7075 1931 6609 7667 7741 7199 1956 3326 2929 18557 1187 4975 1996 1837 7095 3266 12197 6881 6610 1932 5745 6979 6835 6764 0590 1934 1754 11365 0695 2627 1564 1524 6860 3340 11629 6097 5743 1933 5671 6824 6785 6513 0869 1709 1581 8816 0712 2146 1574 1588 6633 4130 10421 5911 5663 1934 6288 7312 7405 6832 1570 2210 2014 9940 0984 2938 1749 1622 7482 5541 10956 6474 6271 1935 6846 7758 8013 7070 2906 2864 2552 11028 1341 4111 1845 2125 7687 5639 11306 6876 6831 1936 7740 8548 9078 7505 3726 3814 3451 14477 1840 5205 1938 2101 8971 8514 11371 7786 7713 1937 8137 8864 9348 7857 4653 4472 4134 18358 2139 5661 2441 2364 8592 7666 11369 8111 8117 1938 7857 8722 9140 7794 3076 3543 3031 14689 1489 5691 2414 1837 9252 8465 12035 7995 7841 1939 8492 9209 9773 8097 3956 4252 3383 15500 1718 8062 2549 1930 10067 9077 13229 8586 8473 1940 9236 9686 10380 8410 5510 5108 4187 17596 2227 9093 2899 1976 10350 10163 12794 9169 9205 1941 10813 10373 11204 8909 6729 5828 4930 20899 2611 9661 2973 2430 17205 26817 11982 10640 10782 1942 12809 10127 10340 9400 3555 3289 2902 12917 1498 4887 1964 2206 40483 82370 10867 12859 12763 1943 14906 10411 10239 10151 2099 2539 2425 9387 1345 2904 1655 2782 60224 130288 9876 15168 14842 1944 16109 10707 10316 10718 2594 3118 3221 12292 1799 2500 1778 2912 67771 148703 9525 16396 16039 1945 15929 11370 11021 11293 3424 4268 4525 16574 2576 2940 2491 3096 59168 127726 9855 16262 15853 1946 14186 12784 13059 11807 8778 7872 6673 32740 3213 12338 5379 2566 20344 34335 10837 14036 14137 1947 14059 13029 13438 11856 8433 9469 7765 29776 4367 15901 6133 2436 17281 25367 12329 14330 14031 1948 14677 13323 13708 12170 10775 10428 8172 31334 4596 19026 4831 2843 18542 27378 13112 14600 14660 1949 14601 13692 14120 12464 8226 9533 7422 30294 4029 17588 4786 2742 20755 30046 15108 14947 14577 1950 15878 14570 15214 13011 11615 11385 8104 32461 4447 24064 4190 3241 20779 28399 16349 15820 15853 1951 17106 14799 15033 13780 11649 10906 8479 34946 4576 20145 5135 3369 28386 47155 16475 16944 17093 1952 17761 15266 15371 14399 10534 10701 8315 34809 4445 19784 4913 3665 34178 61369 16749 17846 17747 1953 18579 15995 16167 15006 11029 11448 9062 37902 4848 20485 4584 4010 36627 66331 17578 18726 18554 1954 18461 16331 16340 15530 10517 11627 8868 39201 4576 22183 4806 3812 34132 57637 19115 18778 18445 1955 19791 17536 17844 16311 13072 13141 9851 42011 5203 25776 5319 4271 32885 52422 20494 19836 19778 1956 20182 18049 18112 17094 12894 13191 10413 46421 5341 23678 6197 4618 32912 51508 21156 20290 20180 1957 20588 18497 18422 17685 12333 13048 10571 46396 5480 22230 6737 4812 34379 53343 22408 20812 20591 1958 20403 18658 18234 18260 11312 12113 9410 43866 4680 22463 5826 5040 35484 53320 24312 20661 20385 1959 21866 19718 19381 19164 13603 13804 10159 44917 5237 28170 6427 5571 36688 54992 25232 21965 21840 1960 22408 20260 19721 19915 13600 13922 10737 48488 5459 26165 7543 5645 36751 53496 26338 22542 22391 1961 22930 20677 19846 20648 13512 13879 10670 49151 5354 26238 7583 5607 38600 55739 27961 23082 22925 1962 24319 21700 20867 21624 15227 15133 11602 51393 5974 28754 7965 6243 40977 60488 28818 24356 24325 1963 25382 22593 21701 22543 16249 16306 12247 51986 6476 32142 8535 6411 42032 60526 30552 25450 25393 1964 26851 23939 22994 23885 17589 17882 13701 57399 7303 34011 9540 6752 42958 59725 32626 26969 26867 1965 28575 25453 24623 25204 20058 19708 16088 66553 8641 33017 9807 7471 44250 59697 34813 28534 28588 1966 30437 26897 26184 26453 21825 20838 18100 71109 10024 30063 10487 8581 48149 66303 36998 30250 30423 1967 31206 27703 26697 27541 20827 20453 17856 69313 9958 29117 10728 9206 51844 72903 38868 31178 31193 1968 32717 29301 28350 29009 22039 21881 18654 70299 10578 33086 11572 10578 53472 73491 41168 32735 32709 1969 33733 30399 29216 30303 23323 23242 20070 74096 11513 34063 12131 11181 53347 70969 42557 33762 33710 1970 33798 31112 29447 31487 21791 22754 19963 74300 11399 32026 13435 11658 52059 65738 43738 34075 33772 1971 34932 32297 30679 32574 24275 24477 19964 73082 11512 40808 13663 12280 50926 60677 45077 35024 34923 1972 36788 34283 32685 34458 27150 27420 21797 75359 12997 48061 14689 13662 50556 58197 46068 36878 36784 1973 38920 35982 34378 36091 30331 29926 24968 81520 15381 47752 17458 14296 50379 55748 47381 38845 38995 1974 38705 35683 33124 36783 28097 28055 25177 79755 15774 37895 18837 13972 51648 56243 49164 38734 38835 1975 38623 36492 33349 38164 23120 25042 22689 71355 14272 32975 18718 12419 52812 56426 50970 39148 38657 1976 40695 38525 35684 39802 27791 27511 23800 73073 15164 40740 19536 14848 53049 56453 51346 40689 40776 1977 42566 40146 37215 41447 31989 31465 26486 76079 17449 49486 20006 16471 53630 57647 51532 42475 42681 1978 44940 41916 38753 43375 35846 35274 30450 87058 20106 52602 22115 17898 55210 59092 53216 44818 45034 1979 46345 42912 39373 44700 36989 37265 33517 98098 21861 50672 24307 18195 56241 60519 53998 46419 46581 1980 46217 42761 38376 45389 32926 34844 33429 103837 21075 39949 26925 16987 57337 63390 53958 46716 46449 1981 47390 43410 38830 46203 35886 35623 35333 112161 21971 36747 27256 17433 57860 66420 52873 47359 47542 1982 46470 44015 39101 47103 30859 33125 34003 110325 20829 30075 25173 17214 58876 68989 52898 47071 46651 1983 48570 46531 41589 49568 33733 35541 33563 98404 21950 42524 24524 19386 61027 73561 53514 49055 48719 1984 52060 48998 44586 51508 43672 41543 39486 112125 26303 48836 26526 24105 63078 75829 55444 51619 52155 1985 54214 51551 46931 54173 43266 43729 42103 120095 27974 49608 27331 25669 67471 81771 58879 54347 54151 1986 56092 53642 49556 55784 42971 44237 40901 106935 28504 55696 29429 27863 71573 86407 62669 56412 55899 1987 57887 55297 50448 58007 44295 44480 40870 103859 28895 56807 32594 29511 73300 89477 63575 57981 57672 1988 60266 57525 52322 60469 45337 45947 43008 104539 31074 56231 37815 30671 74220 88010 65933 60457 60093 1989 62420 59152 53643 62301 47156 47328 45409 106616 33351 54524 42161 32022 76240 89379 68340 62521 62242 1990 63591 60359 53975 64151 45569 46340 45633 108187 33361 49819 45954 33168 78655 91185 71112 63834 63482 1991 63442 60450 52904 65110 41862 43335 43186 96150 32504 45032 49005 33118 79514 91000 72585 63850 63276 1992 65595 62511 54571 67431 45254 45904 44565 90354 34873 51263 52370 35440 79885 89351 74156 65833 65403 1993 67466 64731 56838 69589 49299 49839 48456 89768 39226 55450 54086 38505 79253 85842 75244 67669 67263 1994 70214 67203 59836 71666 55998 54500 52915 91405 43904 60840 58802 43098 79245 82555 77197 70004 69913 1995 71980 69021 61623 73488 57743 58010 58478 97235 49158 58850 64755 46547 79705 80353 79247 72102 71711 1996 74672 71429 64383 75640 62851 63213 63940 102744 54383 63550 70133 50595 80507 79423 81090 74799 74395 1997 78000 74066 67453 77973 70672 69045 71658 110280 61861 64751 78490 57409 82020 78641 83980 77740 77620 1998 81397 77950 72010 81409 77747 76537 80264 115911 70837 69732 80281 64119 83759 77758 87291 81192 80937 1999 85326 82213 77745 84744 84592 83658 88640 116049 80857 74092 83785 71500 86761 79270 91179 85155 84928
194 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
2000 88857 86382 81847 88944 90371 89843 97327 125101 89320 74834 90985 80813 88519 79661 93744 88745 88515 2001 89816 88718 84417 91134 84023 88142 94614 123191 86438 75258 85880 78540 91917 82901 97236 90527 89582 2002 91445 91080 87848 92870 82879 84412 87112 101377 82789 79204 84160 81213 96192 88953 100473 91733 91171 2003 93769 93650 91890 94611 86090 87390 88290 97514 85377 85712 85514 84806 98336 94839 100408 94015 93631 2004 97021 96731 95988 97134 94749 93880 93740 98571 92138 94130 93677 94212 99668 98710 100234 96885 97024 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 2006 102658 102850 103322 102599 102742 102375 108027 109180 107590 92667 108969 106099 101359 102127 100910 102596 102423 2007 104622 105218 106394 104599 99412 100390 115039 124578 111168 75379 119108 108652 102713 103399 102311 104808 104731 2008 104270 104637 103776 105067 89296 93228 114125 132595 106411 57345 126376 105733 105381 110819 102310 104991 104692 2009 101069 102602 100697 103558 67124 75494 93507 104659 88911 44489 114835 91422 109262 117613 104568 102598 101328 2010 103486 104460 104304 104554 76327 75326 94148 88308 96822 42862 127623 102832 109955 122883 102711 103478 104193 2011 105356 107103 108263 106543 80284 80311 102288 90733 107473 42268 136152 107746 106497 119480 99224 105506 106304
1947 I 14028 12846 13203 11757 8686 9295 7874 29902 4450 14609 6532 2514 17184 25544 12014 14201 13996 II 14006 13060 13440 11927 7986 9048 7750 29743 4356 13882 6450 2563 17293 25597 12177 14294 13979 III 13995 13102 13530 11901 7730 9355 7596 29945 4209 16009 6122 2273 17451 25611 12461 14410 13967 IV 14207 13106 13580 11839 9332 10178 7841 29515 4454 19103 5429 2395 17193 24718 12663 14415 14182
1948 I 14433 13172 13600 11966 10343 10521 8327 30127 4830 18876 5181 2701 17534 25559 12644 14477 14414 II 14698 13325 13724 12154 11025 10512 8038 30967 4509 19977 4697 2808 18378 27116 13008 14582 14682 III 14777 13344 13710 12219 11143 10399 8058 31892 4451 19341 4807 2955 18735 27669 13239 14607 14761 IV 14800 13450 13800 12342 10588 10279 8264 32349 4594 17908 4638 2907 19523 29169 13559 14733 14784
1949 I 14594 13472 13779 12420 8941 9691 7873 31740 4305 16562 5193 2820 20081 29756 14120 14793 14575 II 14541 13678 14081 12483 7690 9383 7563 30997 4095 16276 5148 2779 20990 30874 14925 14985 14520 III 14704 13709 14153 12457 8364 9360 7187 29626 3879 17671 4718 2665 21201 30534 15546 14978 14679 IV 14566 13910 14469 12495 7907 9696 7064 28813 3836 19841 4084 2705 20750 29021 15843 15033 14535
1950 I 15155 14141 14749 12650 9891 10310 7264 30186 3902 22093 4017 2781 20403 27640 16237 15274 15124 II 15616 14373 14906 12970 10998 11267 7914 31709 4342 24235 4065 2935 20737 28254 16375 15685 15587 III 16227 15111 16022 13171 11988 12108 8624 33545 4809 25567 4171 3621 20339 27251 16387 16249 16209 IV 16513 14656 15178 13254 13581 11856 8612 34404 4733 24363 4509 3628 21635 30451 16397 16072 16492
1951 I 16721 15010 15512 13616 12149 11416 8389 34516 4532 23068 4734 3628 23948 36413 16235 16547 16695 II 16999 14586 14725 13708 12450 10890 8505 35688 4540 19961 5200 3508 27241 44208 16511 16625 16987 III 17337 14756 14887 13880 11488 10714 8600 35472 4640 18688 5328 3211 30332 51849 16591 17175 17328 IV 17367 14842 15007 13915 10509 10603 8422 34108 4593 18861 5278 3127 32023 56150 16564 17430 17364
1952 I 17542 14876 14935 14087 10755 10729 8455 34149 4619 19354 5559 3490 33015 58600 16616 17573 17530 II 17561 15168 15270 14307 9862 10877 8550 34395 4682 19711 4948 3472 34134 60920 16969 17858 17550 III 17679 15241 15254 14497 10387 10210 7777 34682 3989 19513 4557 3684 34472 62487 16510 17684 17665 IV 18263 15780 16025 14704 11132 10987 8477 36010 4490 20560 4588 4014 35090 63469 16900 18270 18243
1953 I 18604 15968 16236 14854 11353 11428 8942 37095 4806 20881 4511 3916 36281 65942 17262 18665 18580 II 18745 16064 16268 15032 11392 11490 9003 37807 4803 20940 4539 4119 37079 68018 17232 18813 18726 III 18631 16027 16131 15124 11124 11499 9208 38017 4965 20146 4721 4103 36631 66162 17693 18767 18601 IV 18336 15920 16033 15012 10248 11375 9096 38688 4815 19972 4565 3901 36517 65201 18124 18660 18308
1954 I 18249 15979 16023 15152 10162 11196 8825 39082 4549 20182 4360 3676 35540 61731 18775 18551 18230 II 18272 16187 16179 15414 10127 11379 8732 39353 4448 21496 4987 4006 34282 58425 18848 18627 18252 III 18478 16407 16350 15682 10645 11833 8970 39267 4659 22808 4827 3765 33455 55519 19373 18811 18458 IV 18848 16751 16806 15872 11135 12098 8944 39101 4649 24245 5049 3801 33252 54873 19463 19125 18839
1955 I 19391 17127 17322 16058 12322 12587 9104 40312 4692 26044 5236 4025 33212 53552 20280 19490 19381 II 19711 17455 17810 16176 13101 13128 9676 41312 5108 26429 5114 4253 32882 52337 20546 19746 19697 III 19975 17671 18058 16342 13288 13418 10171 42683 5427 25865 5450 4325 33082 52889 20514 20034 19960 IV 20086 17893 18186 16668 13576 13431 10451 43738 5586 24768 5474 4482 32365 50910 20634 20076 20074
1956 I 19995 17922 18105 16828 13120 13145 10257 45096 5310 24114 5734 4670 32347 50530 20857 20032 19997 II 20152 17982 18078 16989 12971 13251 10417 46703 5322 23970 6121 4645 33025 51855 21113 20254 20152 III 20126 18022 18003 17168 12819 13229 10501 46999 5372 23499 6324 4686 32713 50911 21218 20262 20130 IV 20455 18270 18261 17392 12667 13138 10476 46887 5359 23131 6608 4471 33563 52735 21434 20612 20439
1957 I 20581 18396 18432 17459 12463 13138 10551 46482 5456 22801 7039 4826 34252 53672 21973 20793 20587 II 20531 18429 18365 17609 12446 13011 10523 46450 5434 22250 6830 4864 34039 52858 22158 20716 20549 III 20729 18576 18519 17738 12743 13142 10745 46458 5625 21950 6639 4770 34300 53050 22471 20872 20738 IV 20511 18585 18374 17933 11679 12902 10466 46194 5405 21918 6440 4787 34925 53793 23030 20867 20490
1958 I 19956 18332 17935 17916 10811 12103 9709 45328 4824 21051 5801 4858 34535 51864 23681 20333 19942 II 20078 18483 17990 18175 10555 11760 9290 43825 4581 21104 5829 5066 35400 53530 24023 20439 20065 III 20549 18785 18329 18419 11426 11927 9150 42825 4538 22643 5847 4989 35621 53321 24548 20737 20528 IV 21028 19034 18683 18530 12456 12662 9491 43486 4777 25055 5829 5250 36381 54566 24996 21137 21003
1959 I 21453 19386 19117 18769 13159 13439 9786 43334 5039 27906 6214 5385 36145 53666 25203 21573 21424 II 21995 19684 19420 19048 14258 13874 10085 44676 5192 28897 6421 5645 36696 54950 25272 21945 21962 III 21969 19889 19573 19304 13266 14044 10404 46005 5362 28351 6625 5698 37158 56085 25294 22212 21945 IV 22046 19912 19414 19537 13730 13857 10363 45655 5354 27524 6448 5554 36753 55268 25159 22128 22030
1960 I 22540 20103 19609 19714 15215 14341 10762 47560 5549 28314 7255 5764 36029 52782 25597 22370 22516 II 22435 20357 19883 19933 13675 14052 10929 48124 5648 25986 7716 5807 36322 52580 26223 22584 22414 III 22472 20276 19756 19909 13594 13676 10657 48216 5411 25197 7522 5637 37197 54212 26614 22552 22457 IV 22184 20303 19637 20102 11915 13620 10598 50051 5227 25164 7677 5371 37456 54410 26919 22662 22179
1961 I 22315 20297 19451 20304 12219 13449 10375 49824 5056 25261 7625 5345 37946 54339 27792 22680 22319 II 22733 20599 19745 20600 13129 13647 10589 48994 5297 25352 7519 5410 38037 54847 27604 22923 22725 III 23100 20699 19874 20662 14229 13975 10677 49022 5369 26721 7478 5768 38783 56387 27838 23100 23093 IV 23570 21114 20316 21026 14469 14446 11038 48764 5692 27618 7709 5905 39635 57381 28610 23625 23563
195 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1962 I 23993 21338 20554 21225 15332 14755 11294 49678 5841 28116 7690 6085 40336 59488 28403 23914 23982 II 24258 21600 20756 21542 15184 15203 11631 51488 5991 28995 8428 6218 40555 59733 28607 24321 24261 III 24482 21776 20915 21728 15455 15325 11781 52844 6017 28971 7957 6297 41478 61530 28972 24510 24485 IV 24542 22084 21242 22002 14936 15250 11701 51563 6045 28933 7785 6374 41538 61199 29288 24679 24571
1963 I 24863 22233 21441 22089 15765 15428 11683 49768 6164 29978 7967 6226 41285 59714 29839 24843 24880 II 25174 22446 21618 22330 15995 16144 12056 52126 6303 32135 8900 6373 41233 59161 30110 25265 25182 III 25648 22752 21835 22721 16517 16562 12421 52488 6586 32730 8424 6534 43001 62445 30915 25713 25656 IV 25843 22941 21909 23031 16720 17091 12829 53562 6851 33726 8847 6513 42610 60783 31346 25980 25856
1964 I 26423 23394 22416 23403 17407 17743 13148 54952 7018 35792 9389 6507 42768 60473 31813 26548 26449 II 26727 23806 22888 23729 17327 17695 13483 56815 7161 33990 9545 6653 43045 60070 32544 26864 26742 III 27090 24243 23422 24039 17739 17978 13941 58681 7409 33435 9471 6832 43071 59598 32899 27197 27109 IV 27165 24311 23250 24368 17884 18110 14231 59147 7622 32825 9753 7017 42947 58760 33247 27267 27168
1965 I 27832 24852 24007 24645 19683 18935 15187 62180 8208 32940 8701 6764 42843 58020 33562 27699 27858 II 28210 25126 24181 25018 19682 19465 15759 66513 8361 33197 10335 7562 43396 58132 34414 28199 28240 III 28782 25558 24676 25360 20385 19992 16355 67213 8820 33327 9743 7593 44897 60480 35383 28729 28792 IV 29477 26276 25627 25791 20479 20441 17051 70307 9175 32605 10449 7964 45862 62158 35893 29509 29462
1966 I 30200 26664 26109 26059 22211 21205 17794 71978 9687 33346 10266 8169 46687 63579 36338 30001 30187 II 30301 26733 25979 26343 21805 20931 18071 70590 10040 30671 10715 8373 47514 65262 36619 30137 30287 III 30500 27039 26353 26560 21589 20924 18291 72162 10104 29674 10313 8842 48800 67904 37042 30388 30481 IV 30747 27151 26298 26850 21693 20290 18244 69704 10265 26561 10653 8941 49594 68469 37995 30474 30735
1967 I 31018 27310 26366 27099 21099 19813 17858 70424 9867 25762 10859 9082 51699 73163 38465 30782 31001 II 31025 27682 26825 27361 20199 20320 17794 68421 9976 28691 10760 9009 51418 72103 38675 31111 31002 III 31272 27824 26746 27734 20779 20520 17704 69145 9838 30129 10498 9127 51953 73249 38827 31270 31268 IV 31511 27996 26851 27968 21229 21160 18069 69260 10149 31884 10797 9608 52307 73097 39504 31547 31499
1968 I 32160 28664 27706 28406 21691 21671 18637 70618 10536 32079 11111 10174 53220 74368 40197 32207 32149 II 32706 29104 28121 28853 22568 21560 18313 70020 10300 32889 11332 10330 53466 73771 40979 32531 32696 III 32930 29651 28810 29226 21835 21878 18557 69568 10555 33480 11998 10951 53578 73136 41568 32997 32925 IV 33072 29787 28763 29550 22062 22415 19107 70990 10922 33897 11845 10858 53622 72689 41927 33206 33065
1969 I 33593 30120 29148 29814 23515 23122 19672 72087 11332 35118 10424 9834 53674 72285 42268 33550 33583 II 33691 30313 29169 30180 23328 23223 19885 72659 11474 34741 12760 11774 53450 71132 42623 33715 33671 III 33904 30459 29221 30420 23867 23610 20422 76085 11655 34457 12454 11622 53525 71182 42713 33889 33872 IV 33745 30702 29326 30797 22582 23013 20300 75553 11593 31937 12886 11494 52739 69277 42625 33896 33714
1970 I 33692 30891 29374 31124 21875 22931 20182 74959 11539 32001 12997 11456 52455 67908 43021 33988 33667 II 33753 31032 29457 31319 21943 22421 20072 74192 11508 29868 13569 11683 51777 65781 43251 33923 33736 III 34054 31304 29638 31673 22318 22820 20174 74462 11575 31460 13525 11656 52001 64808 44228 34227 34031 IV 33693 31219 29318 31833 21026 22842 19423 73588 10972 34776 13649 11837 52002 64455 44451 34163 33653
1971 I 34622 31816 30259 32051 23756 23353 19600 73404 11148 36632 13701 11697 51160 61946 44653 34586 34614 II 34818 32107 30508 32373 24492 24319 19890 73214 11430 40329 13674 12580 50996 61053 44952 34825 34822 III 35096 32364 30704 32680 24814 24779 19970 72951 11527 42316 14236 12858 50964 60796 45063 35131 35073 IV 35194 32902 31244 33193 24038 25456 20397 72760 11941 43956 13042 11986 50584 58915 45642 35555 35183
1972 I 35823 33341 31536 33761 25738 26601 21083 74662 12395 46888 14423 13738 50768 59155 45792 36049 35818 II 36672 33978 32370 34174 27313 27070 21432 75081 12680 47807 14004 13250 51083 60101 45695 36647 36658 III 37024 34502 32933 34638 27702 27368 21767 75247 12979 47918 14849 13526 50030 56860 46068 36978 37028 IV 37634 35311 33899 35257 27846 28641 22905 76445 13934 49630 15479 14135 50344 56673 46717 37838 37632
1973 I 38596 35957 34709 35712 29614 29851 23975 78942 14697 51300 16613 14788 50839 57611 46928 38667 38630 II 39043 35939 34374 36011 30998 30110 24954 81408 15378 48690 17414 14362 50536 56718 47009 38857 39094 III 38835 36068 34385 36252 29786 30022 25373 83248 15587 46624 17472 13965 49887 54311 47503 38905 38944 IV 39205 35963 34044 36389 30926 29720 25572 82482 15861 44396 18331 14069 50254 54354 48085 38950 39314
1974 I 38861 35648 33489 36334 28952 29018 25544 82018 15882 41140 18565 13592 51305 56066 48713 38902 39043 II 38961 35772 33384 36689 28809 28601 25487 81680 15862 39346 19468 14312 51651 55977 49339 38945 39116 III 38575 35919 33492 36869 27184 28097 25190 78135 15968 38050 18418 14062 51728 56258 49286 38825 38693 IV 38424 35393 32132 37241 27442 26504 24486 77186 15383 33043 18899 13922 51908 56671 49317 38261 38486
1975 I 37956 35690 32365 37588 22622 24881 22984 73213 14356 31002 19032 12526 52544 56034 50778 38560 37966 II 38246 36285 33056 38054 21836 24531 22383 70455 14074 31668 18479 11523 52140 55584 50401 38956 38256 III 38891 36802 33872 38238 23686 25144 22589 70853 14231 33873 18167 12481 53057 56970 51025 39306 38920 IV 39399 37192 34103 38776 24337 25613 22799 70901 14429 35356 19195 13147 53507 57115 51675 39770 39486
1976 I 40294 37935 35101 39229 26857 26674 23211 72812 14622 38970 19061 13971 53640 56588 52238 40320 40363 II 40597 38283 35524 39488 28002 27130 23494 72592 14919 40091 19254 14576 53052 56466 51342 40456 40679 III 40796 38688 35837 39969 28054 27414 24008 73329 15338 39437 19813 15171 52773 56306 50983 40706 40880 IV 41092 39192 36272 40522 28249 28825 24487 73558 15778 44464 20014 15673 52732 56450 50821 41275 41184
1977 I 41569 39640 36666 41005 29639 29867 25438 73307 16730 45805 19693 16415 53210 56919 51310 41662 41714 II 42395 39859 36936 41164 31930 31534 26172 76049 17144 51045 20224 16566 53763 57857 51614 42332 42525 III 43154 40239 37233 41610 33670 31942 26720 77201 17553 50884 20380 16335 53861 58191 51560 42777 43273 IV 43145 40846 38027 42010 32719 32518 27615 77757 18369 50211 19726 16567 53688 57621 51645 43126 43214
1978 I 43292 41085 37814 42681 33368 32791 27888 77607 18655 50464 20191 17679 53775 57823 51657 43181 43422 II 44995 41963 38899 43324 35659 35171 30240 85196 20112 52888 22295 17735 55227 59202 53172 44895 45036 III 45436 42139 38931 43634 36760 36182 31320 90815 20535 53623 22540 17966 55667 59411 53768 45306 45509 IV 46037 42478 39370 43862 37596 36953 32353 94614 21119 53434 23434 18213 56172 59932 54268 45888 46168
196 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1979 I 46114 42693 39340 44308 37590 37234 33057 94087 21884 52185 23454 18163 55667 60013 53375 46033 46256 II 46158 42668 39008 44584 37503 36945 32958 95449 21621 51211 23516 18261 56255 60755 53869 46031 46358 III 46489 43087 39657 44762 36773 37616 33985 99899 22115 50602 24363 17982 56337 60661 54066 46699 46794 IV 46617 43202 39489 45148 36089 37265 34070 102958 21825 48691 25896 18375 56704 60647 54683 46912 46916
1980 I 46767 43127 39289 45199 35827 36739 34444 104548 22009 44965 26619 18389 57616 62588 54936 47003 47077 II 45809 42148 37670 44894 32595 33543 32696 102253 20527 36646 27120 17054 57795 64162 54218 46081 46076 III 45724 42600 38057 45391 30110 33874 32942 102762 20716 37273 27063 15828 56998 63297 53456 46682 45956 IV 46569 43168 38490 46070 33172 35220 33635 105785 21049 40915 26899 16677 56940 63511 53223 47099 46687
1981 I 47537 43404 39043 45985 36468 35478 34177 105721 21613 40183 27407 17389 57696 64826 53623 47331 47679 II 47158 43404 38731 46289 34732 35712 34866 109705 21813 38821 27555 17416 57825 66761 52596 47425 47273 III 47731 43580 39122 46250 36888 35716 35715 112472 22329 35826 26969 17217 57694 66689 52427 47480 47871 IV 47136 43250 38423 46287 35457 35586 36574 120746 22130 32157 27094 17711 58225 67403 52844 47200 47343
1982 I 46363 43530 38808 46457 31763 34507 35709 116906 21735 30303 25919 17206 58167 67508 52680 47067 46545 II 46614 43686 38799 46762 31735 33301 34432 113096 20906 29347 26075 16925 58506 68120 52846 47047 46860 III 46434 44021 39005 47202 31365 32373 33269 106861 20524 29254 24920 17710 58906 69141 52850 46739 46590 IV 46471 44824 39792 47992 28572 32321 32600 104435 20150 31396 23779 17015 59923 71185 53217 47431 46608
1983 I 47049 45263 40000 48622 29589 33027 31990 100175 20082 36747 24163 17405 60373 72042 53408 47932 47176 II 48106 46162 41179 49243 32445 34302 32381 95420 21114 41100 24236 18743 60889 73574 53279 48611 48257 III 49055 46978 42093 49949 34626 36352 33845 97652 22342 45171 24601 20203 61946 75639 53700 49512 49208 IV 50069 47723 43084 50458 38272 38482 36037 100370 24262 47080 25097 21194 60899 72990 53667 50163 50234
1984 I 51040 48132 43667 50707 42278 39689 37212 106076 24734 48388 25622 22897 61512 73614 54281 50498 51157 II 51921 48820 44641 51134 43704 41321 39062 111401 25957 49283 26259 23857 62838 75924 54984 51424 52034 III 52426 49197 44669 51801 44720 42202 40349 114917 26832 48810 26839 24474 63302 75634 55942 51898 52530 IV 52853 49845 45367 52391 43986 42960 41322 116107 27691 48861 27384 25191 64659 78144 56569 52655 52898
1985 I 53351 50690 46067 53338 42536 43292 41802 121028 27531 48709 27403 24635 65400 78977 57256 53547 53301 II 53803 51152 46488 53822 43270 43836 42397 120962 28166 49098 27304 25846 66867 80904 58439 53955 53773 III 54644 52124 47727 54546 42792 43483 41749 118457 27824 49722 26904 25596 68603 83617 59565 54831 54541 IV 55058 52238 47442 54985 44465 44304 42465 119932 28376 50904 27714 26599 69013 83585 60258 55056 54988
1986 I 55587 52674 48163 55175 44373 44368 41882 116932 28169 53080 28590 26575 69759 83141 61759 55622 55470 II 55811 53235 49019 55487 43389 44262 40834 105913 28574 56026 28901 27707 71242 85792 62514 56042 55605 III 56349 54166 50538 55935 42028 44013 40236 102136 28461 56889 29562 28475 72854 89039 63114 56831 56166 IV 56621 54492 50506 56538 42094 44306 40650 102760 28813 56787 30663 28694 72436 87657 63290 57153 56356
1987 I 56935 54409 49473 57205 43380 43428 39532 100357 27965 56637 30686 28522 72732 88179 63449 57000 56689 II 57540 55138 50421 57748 43440 44205 40479 101537 28804 56886 31904 29234 73192 89403 63446 57760 57338 III 58040 55753 51179 58240 43484 45146 41783 105766 29599 56714 33279 29802 73194 89498 63393 58450 57827 IV 59033 55887 50721 58835 46875 45140 41686 107774 29213 56992 34509 30487 74080 90829 64012 58713 58834
1988 I 59338 56820 51918 59545 44234 45081 42007 103705 30124 55759 36421 30345 73721 88361 64922 59581 59200 II 60100 57233 52188 60060 45310 45963 43039 105858 30919 56201 37429 29996 73914 87461 65773 60299 59929 III 60410 57684 52178 60858 45601 46140 43265 104428 31364 56236 38123 30704 73871 86806 66099 60586 60209 IV 61217 58364 53005 61412 46205 46603 43721 104166 31890 56730 39287 31640 75372 89413 66939 61364 61035
1989 I 61792 58578 53079 61728 47975 47067 44460 105845 32442 56358 40442 31786 74909 87583 67290 61660 61600 II 62254 58840 53378 61958 47415 47131 45092 104650 33297 54689 42202 31937 76069 89554 67965 62259 62048 III 62748 59450 54147 62437 46858 47951 46384 108318 34153 54093 42664 31893 76786 90416 68595 63043 62560 IV 62885 59741 53967 63081 46377 47162 45700 107653 33513 52957 43335 32471 77194 89962 69512 63122 62761
1990 I 63542 60214 54691 63356 46833 47748 46307 110021 33819 53496 45229 33500 78385 91312 70609 63807 63391 II 63794 60412 54105 64146 46846 46644 45507 109482 33032 51438 45843 33444 78501 91421 70730 63834 63652 III 63793 60642 53978 64639 45744 46140 45797 109081 33405 48516 46178 33310 78478 90605 71172 63960 63597 IV 63234 60170 53127 64461 42851 44826 44922 104163 33190 45828 46565 32416 79257 91401 71939 63733 63287
1991 I 62928 59998 52671 64505 41106 43291 43763 101920 32266 43102 46899 32047 79579 92110 72031 63478 62851 II 63353 60456 52966 65076 40900 43226 43343 99143 32224 44120 48587 32617 79857 92371 72317 63935 63155 III 63620 60687 53285 65237 41918 43370 42933 92709 32744 45949 49700 33535 79478 90650 72733 64023 63385 IV 63869 60659 52695 65624 43523 43452 42707 90827 32781 46957 50833 34275 79144 88871 73258 63965 63713
1992 I 64570 61703 53888 66542 42555 43902 42515 89684 32744 49352 51739 34525 79745 88899 74201 64953 64404 II 65256 62068 54163 66969 45358 45628 44201 89690 34575 51240 51741 35092 79651 88810 74106 65418 65080 III 65930 62755 54755 67714 45827 46321 45094 90466 35430 51358 52865 35646 80060 89824 74153 66137 65715 IV 66623 63520 55480 68499 47277 47764 46451 91574 36743 53102 53135 36499 80083 89870 74165 66825 66413
1993 I 66746 63778 55695 68783 48388 48042 46746 89242 37427 53344 53255 37289 79239 87106 74467 66781 66610 II 67173 64390 56587 69188 48768 49117 47990 89101 38816 53972 53907 38060 79180 85876 75107 67341 66965 III 67526 65089 57172 69960 48734 49988 48525 89531 39338 55835 53731 38561 79101 84970 75523 67869 67374 IV 68418 65668 57900 70427 51306 52208 50562 91200 41324 58647 55450 40110 79491 85415 75880 68682 68105
197 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1994 I 69084 66399 58881 70976 53519 52902 51065 87474 42484 59891 55981 41045 78480 82358 76093 69050 68835 II 70029 66892 59404 71441 56639 54174 52097 92472 42818 61875 57827 42574 78810 81893 76899 69631 69732 III 70480 67427 59956 71961 55621 54712 53073 92365 43922 61199 60036 43772 80192 84140 77761 70386 70156 IV 71263 68093 61103 72286 58214 56210 55424 93307 46393 60397 61365 45003 79500 81830 78034 70951 70928
1995 I 71438 68172 60799 72630 58805 57493 57689 95652 48538 59055 62493 45990 79816 81630 78659 71254 71195 II 71591 68731 61209 73287 57224 57275 58089 97565 48660 57157 63354 46427 80083 81307 79279 71675 71373 III 72193 69346 61950 73809 56673 58031 58479 98275 48977 58924 66110 46587 79907 80754 79329 72529 71833 IV 72696 69833 62535 74226 58269 59241 59655 97447 50456 60261 67064 47182 79013 77722 79720 72952 72441
1996 I 73194 70472 63036 74953 59036 60738 61136 99185 51830 61845 67909 48716 79519 79341 79556 73582 72995 II 74460 71269 64265 75451 62094 62713 62893 101358 53442 64457 69047 49806 80661 80472 80706 74636 74167 III 75107 71696 64722 75854 65225 64164 64986 102607 55606 64280 69606 51421 80583 79053 81434 74962 74778 IV 75927 72280 65507 76301 65048 65236 66744 107828 56653 63615 73969 52436 81266 78825 82662 76014 75640
1997 I 76511 73008 66391 76921 66567 66510 68447 108777 58432 63831 75378 54675 81411 77764 83534 76548 76139 II 77646 73304 66340 77443 70817 67943 70146 107813 60580 64638 78363 56511 82116 79142 83832 77157 77338 III 78620 74550 68075 78364 72076 70560 73722 111880 63946 64935 80184 58593 82208 78884 84135 78375 78232 IV 79223 75403 69005 79162 73227 71166 74315 112649 64486 65601 80038 59858 82344 78776 84419 78879 78772
1998 I 79972 76153 69541 80042 76723 73308 76885 111433 67764 66771 80415 62103 81849 76319 85101 79375 79596 II 80691 77463 71369 81018 75805 75863 79699 117435 69840 68778 79488 63526 83628 78419 86686 80716 80286 III 81756 78491 72458 82003 77977 77307 80900 117481 71257 70842 79119 64382 84402 77767 88313 81647 81222 IV 83171 79694 74671 82574 80485 79670 83570 117294 74486 72538 82103 66465 85157 78529 89063 83032 82643
1999 I 83912 80480 75597 83271 83019 81148 85509 116811 76910 72969 81472 68158 85593 78010 90065 83578 83482 II 84568 81747 77386 84213 82729 83047 87906 115395 80111 73755 82409 70330 85950 78009 90636 84619 84178 III 85643 82729 78318 85224 84805 84979 90432 115306 83187 74367 84570 72881 87061 79646 91435 85664 85217 IV 87181 83896 79680 86269 87814 85457 90714 116684 83219 75278 86689 74629 88438 81416 92579 86758 86836
2000 I 87409 85169 80896 87574 86586 87955 94085 118937 86812 75867 88184 77656 87714 78194 93332 87633 87021 II 89114 85969 81340 88591 92581 90167 97556 123869 89896 75349 90688 80023 88884 81324 93347 88669 88743 III 89189 86811 82208 89413 91135 90487 98638 128533 90113 74027 92900 82818 88604 79747 93827 89054 88779 IV 89717 87579 82942 90197 91181 90764 99027 129064 90460 74091 92168 82757 88874 79379 94470 89625 89518
2001 I 89422 87928 83159 90621 86364 90227 98096 125506 90180 74430 90960 81550 90188 81069 95564 90079 89102 II 90009 88260 83398 91006 86084 88816 95517 125954 86853 75477 87991 79121 92061 82805 97518 90477 89755 III 89760 88648 84025 91251 84259 87875 93924 126665 84670 75885 83462 77205 91893 83361 96931 90385 89310 IV 90074 90036 87088 91657 79386 85649 90921 114639 84048 75240 81109 76285 93525 84368 98931 91169 90163
2002 I 90844 90347 86914 92251 82028 84863 88755 108414 82967 77249 82405 78196 94958 86376 100030 91352 90591 II 91327 90806 87328 92738 83018 84535 87330 102546 82740 79143 84641 80837 95870 88372 100302 91611 90915 III 91790 91422 88451 93063 83230 84429 86944 97994 83495 79604 85231 82170 96646 89772 100711 92022 91499 IV 91821 91746 88701 93428 83242 83820 85419 96553 81954 80820 84363 83647 97293 91289 100848 91950 91679
2003 I 92204 92210 89300 93811 83343 83937 85193 95591 81943 81601 83584 82638 97091 91315 100511 92337 91940 II 92986 93123 90947 94312 83865 86121 87543 98449 84144 83454 83313 83817 98534 95718 100201 93396 92830 III 94516 94377 93368 94921 86932 88919 89572 98237 86818 87708 85575 84803 98824 95812 100608 94875 94345 IV 95371 94890 93945 95399 90222 90584 90851 97780 88603 90085 89585 87966 98895 96511 100310 95451 95408
2004 I 95999 95730 94926 96164 90693 90405 90128 97210 87837 90898 91717 90207 99366 97749 100325 95972 96178 II 96617 96155 95138 96707 94634 93193 92565 98337 90666 94318 93154 93828 99730 98304 100575 96384 96580 III 97336 96996 96303 97372 95849 95158 95089 99325 93663 95274 93845 95199 100094 100010 100140 97226 97379 IV 98133 98044 97584 98293 97820 96765 97178 99414 96385 96030 95993 97613 99482 98778 99895 97957 97960
2005 I 99145 98825 98656 98917 99893 97949 98055 101195 96951 97776 97786 98181 99577 99190 99806 98816 99240 II 99586 99803 100017 99689 98113 99692 99498 100812 99015 100050 99885 99265 99685 99286 99922 99858 99588 III 100377 100561 100786 100439 99207 100977 100921 98696 101699 101075 99909 99876 100590 101608 99995 100680 100446 IV 100892 100811 100541 100955 102787 101381 101526 99297 102334 101099 102420 102677 100147 99915 100277 100646 100726
2006 I 102166 101843 102277 101612 104330 103749 105886 103696 106721 100024 106411 104622 101147 102763 100205 102059 102001 II 102581 102457 102633 102362 104183 103277 107797 109068 107314 95488 108200 105792 101232 101887 100851 102420 102370 III 102594 103071 103502 102841 102714 101952 108938 111771 107855 89974 108360 107058 101386 101792 101149 102464 102276 IV 103292 104030 104875 103582 99741 100520 109488 112185 108471 85182 112904 106924 101670 102066 101437 103438 103044
2007 I 103432 104608 105555 104107 98750 100223 111223 115080 109728 81458 114672 108480 101552 100828 101960 103700 103164 II 104362 105010 106055 104457 100953 101096 114118 122401 110781 78890 116571 109019 102401 102582 102288 104399 104153 III 105125 105472 106845 104750 100184 100749 116631 129246 111475 73635 120910 109282 103292 104950 102334 105240 105391 IV 105569 105783 107121 105081 97759 99491 118185 131584 112690 67531 124281 107828 103606 105236 102661 105894 106218
2008 I 105101 105515 105599 105465 94633 97363 117944 131860 112220 62104 125966 108203 104391 107703 102501 105606 105595 II 105447 105478 105719 105344 93176 96078 117269 134869 109945 59721 129793 107511 104838 108996 102473 105988 105947 III 104468 104458 103615 104884 89061 92989 114238 133594 106148 56484 128631 105698 105941 112058 102490 105190 105089 IV 102064 103096 100171 104576 80314 86480 107050 130057 97330 51072 121112 101518 106356 114518 101776 103181 102137
2009 I 100697 102681 100211 103924 69786 79032 98291 118743 89688 45843 111295 91526 106825 113639 102992 102365 100781 II 100618 102224 99684 103494 64480 75092 93667 108062 87704 43058 111460 87652 109307 117333 104794 102521 100681 III 100980 102757 101506 103385 64208 74501 91786 99980 88474 44799 115116 91196 110312 119129 105359 102826 101378 IV 101981 102747 101389 103429 70022 73352 90285 91848 89777 44257 121467 95312 110602 120352 105128 102682 102472
2010 I 102572 103377 102691 103729 73259 73180 90749 86033 92913 42934 123231 97689 109727 120535 103665 102718 103159 II 103142 104042 103531 104310 75792 75696 93411 88731 95582 45223 126079 102286 110498 123355 103292 103280 103902 III 103807 104685 104499 104795 78722 75515 95162 88245 98309 41570 129030 105672 110416 124468 102544 103440 104567 IV 104423 105736 106495 105380 77535 76913 97269 90222 100486 41720 132151 105680 109179 123172 101342 104475 105142
2011 I 104443 106559 107915 105903 76492 76660 96954 83055 103161 41577 134004 106787 107210 119864 100117 104624 105300 II 105084 106812 107655 106412 78778 78942 100297 89561 105120 41994 135352 106816 106985 120681 99317 105258 106022 III 105418 107251 108021 106886 79906 81835 104746 93866 109637 42139 137379 108037 106189 119351 98818 105871 106404 IV 106481 107790 109462 106970 85959 83807 107156 96449 111972 43361 137871 109345 105604 118024 98643 106271 107490
2012 I 106999 108443 110722 107318 87241 85785 109108 99421 113460 45433 139356 110179 104804 116751 98103 106897 107655 II 107408 108843 110922 107817 89029 87074 110536 99638 115439 46502 141176 111785 104425 116647 97574 107222
198 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1929 10593 10517 16312 7786 11298 15049 4650 24602 5275 15659 11318 6389 6924 4809 10362 10580 10614 10601 1930 10184 10073 15445 7563 10836 14344 4402 23616 5161 14177 9651 6192 6617 4675 9935 10172 10226 10213 ndash39 ndash41 ndash39 1931 9172 8995 13318 7031 10022 13354 4027 22385 4672 11155 7799 5880 6566 4395 8960 9162 9169 9159 ndash99 ndash98 ndash99 1932 8129 7934 11477 6352 8854 12089 3495 21113 3808 9675 6252 5352 6253 3956 7918 8120 8097 8088 ndash114 ndash116 ndash114 1933 7916 7652 11384 5953 8709 11882 3531 20284 3756 9674 5992 5511 6321 4096 7700 7908 7880 7872 ndash26 ndash28 ndash26 1934 8303 7999 12506 5876 9145 12297 3543 21428 4169 11218 6807 5929 6755 4420 8068 8296 8313 8306 49 48 49 1935 8468 8194 12834 6006 9188 12424 3708 21239 4109 11503 6920 5979 6834 4451 8226 8461 8482 8475 20 20 20 1936 8561 8268 12883 6103 9279 12404 3702 21206 4310 11891 7404 6159 7463 4432 8328 8553 8573 8565 11 12 11 1937 8876 8570 13347 6330 10084 13443 4206 22419 4728 12681 8263 6290 7584 4541 8651 8866 8944 8934 37 39 37 1938 8708 8376 12808 6336 10221 13548 4126 22959 4877 12095 7636 6303 7713 4505 8478 8697 8684 8673 ndash19 ndash20 ndash19 1939 8599 8295 12616 6319 10166 13404 4081 22717 4910 11932 8014 6201 7568 4441 8389 8586 8599 8586 ndash13 ndash10 ndash13 1940 8674 8365 12728 6369 10423 13712 4147 23325 5057 12942 8549 6129 7270 4480 8450 8661 8700 8687 09 07 09 1941 9239 8883 13770 6594 11193 14614 4438 24809 5524 14130 9029 6507 7651 4781 8988 9226 9285 9271 65 64 65 1942 10000 9989 16045 7059 12272 16154 4951 27285 5935 17073 10342 6539 7506 5284 9709 9984 10014 9998 82 80 82 1943 10562 10907 17888 7500 12808 16675 5381 27428 6424 18676 11132 6645 7577 5675 10253 10544 10556 10537 56 56 56 1944 10815 11534 19078 7845 13239 17011 5500 27955 7048 21035 11693 6559 7444 5895 10486 10795 10807 10787 24 23 24 1945 11091 11995 19950 8101 13658 17446 5744 28427 7524 20862 12021 6633 7512 6090 10764 11072 11093 11074 26 27 26 1946 12369 12831 21473 8593 15061 19298 6433 31118 8169 20164 13403 8213 9584 6654 12081 12353 12410 12394 115 122 116 1947 13743 14132 24057 9220 17688 22449 7798 35253 9784 23413 16058 8875 10168 7466 13414 13727 13755 13739 111 110 111 1948 14522 14932 25478 9706 19198 24383 8675 37794 10606 24661 17451 9218 10074 8346 14192 14506 14526 14510 57 58 57 1949 14515 14818 24887 9872 19572 24948 8645 39253 10747 23190 16633 9482 10503 8418 14210 14497 14499 14481 00 01 ndash01 1950 14628 14996 24968 10125 20006 25459 8753 40238 11012 22583 17667 9488 10442 8494 14373 14610 14656 14638 08 11 08 1951 15635 16016 26981 10624 21733 27902 9761 43656 11801 25515 21353 10118 10898 9365 15402 15614 15712 15690 69 72 69 1952 15976 16345 27241 11012 22264 28534 10021 44539 12125 25670 20580 10321 11005 9768 15709 15954 15982 15960 22 20 22 1953 16178 16563 27117 11440 22449 28790 10217 44647 12212 25598 19696 10429 11080 9958 15881 16157 16174 16153 13 11 13 1954 16342 16704 27016 11728 22619 29066 10093 45718 12261 25250 19965 10650 11337 10123 16059 16321 16322 16301 10 11 10 1955 16576 16772 26857 11930 22989 29462 10295 46151 12516 25466 19858 11093 11947 10320 16280 16557 16601 16582 14 14 14 1956 17148 17108 27314 12217 24341 31782 11176 49581 12835 26318 20208 11716 12562 10981 16831 17128 17170 17150 35 34 34 1957 17749 17628 28168 12574 25187 33406 11655 52392 12868 27316 20438 12234 13125 11456 17400 17727 17741 17720 35 34 35 1958 18157 18043 28809 12882 25249 33570 11468 53415 12836 27039 19589 12602 13663 11608 17779 18136 18139 18118 23 22 23 1959 18363 18314 28957 13229 25488 34011 11530 54395 12875 27094 19766 12653 13564 11851 17987 18344 18355 18336 11 12 11 1960 18620 18615 29184 13580 25624 34165 11516 54845 12962 27474 19955 12809 13677 12066 18235 18601 18612 18592 14 14 14 1961 18830 18810 29294 13826 25543 33970 11446 54544 12983 27892 19955 13065 13908 12357 18428 18811 18821 18802 11 11 11 1962 19087 19032 29444 14089 25559 33975 11537 54274 13003 27961 19720 13398 14202 12743 18670 19069 19078 19060 14 13 14 1963 19290 19254 29689 14305 25485 33971 11636 53975 12901 27898 20102 13690 14506 13028 18887 19273 19281 19264 11 12 11 1964 19589 19536 30013 14572 25640 34142 11801 53952 13003 28128 20526 14070 14995 13293 19191 19572 19580 19563 16 16 16 1965 19945 19819 30328 14845 26077 34532 12143 54001 13372 29023 20812 14444 15379 13662 19524 19929 19936 19920 18 17 18 1966 20511 20322 30996 15276 26626 35047 12580 54144 13857 29900 21297 15044 15914 14334 20071 20495 20502 20486 28 28 28 1967 21142 20834 31542 15785 27372 35939 12973 55344 14339 31045 21379 15671 16386 15137 20654 21126 21133 21116 31 29 31 1968 22040 21645 32642 16467 28472 37203 13621 56831 15100 31723 21704 16520 17287 15945 21526 22024 22031 22015 42 42 43 1969 23130 22626 33907 17324 29877 38740 14518 58411 16144 32796 22270 17517 18226 17013 22582 23112 23119 23101 49 49 49 1970 24349 23685 35200 18285 31162 40571 15473 60560 16666 34053 23587 18945 19699 18411 23798 24331 24338 24320 53 54 53 1971 25567 24692 36258 19284 32731 42479 16664 62360 17632 35310 25035 20421 21383 19720 25021 25549 25554 25537 50 51 50 1972 26670 25536 37186 20102 34135 43914 17863 63112 18703 36956 26789 21989 23471 20896 26134 26652 26657 26639 43 44 43 1973 28148 26913 39404 21077 36020 45605 19247 64184 20359 41816 31446 23594 25080 22495 27647 28134 28136 28121 55 58 56 1974 30695 29716 44322 22866 39568 50008 21910 68917 22460 51517 44989 25977 27315 24970 30484 30674 30690 30669 90 103 90 1975 33606 32198 47903 24834 44525 56893 24534 79100 24547 56781 48734 28586 30158 27410 33328 33584 33591 33570 95 93 95 1976 35535 33966 49777 26556 47106 60048 25741 83754 26124 58645 50201 30469 32302 29114 35238 35518 35519 35502 57 57 58 1977 37796 36171 52435 28558 50803 64157 27973 88730 28759 61033 54624 32583 34742 31005 37617 37780 37783 37767 64 68 64 1978 40447 38705 55653 30777 55094 68453 30675 93412 32281 64752 58482 34670 36888 33042 40286 40432 40435 40419 70 71 70 1979 43811 42137 60916 33350 60088 74013 34238 99335 35902 72545 68483 37575 39727 35976 43833 43795 43798 43782 83 88 83 1980 47817 46663 67737 36802 65710 80541 37421 107819 39789 79903 85301 41669 43900 40002 48448 47794 47791 47769 91 105 91 1981 52326 50833 72769 40555 71816 88316 42567 115524 43036 85810 89886 45768 48165 43975 52909 52306 52270 52251 94 92 94 1982 55514 53640 74753 43709 75747 93181 45927 120030 45340 86204 86855 48775 51434 46786 55906 55493 55459 55438 61 57 61 1983 57705 55948 76102 46429 75628 92350 44757 120284 46380 86544 83601 50717 53218 48857 57865 57687 57652 57635 39 35 40 1984 59874 58065 77541 48846 76070 92127 45147 119234 47713 87347 82879 53319 56358 51034 59904 59856 59817 59800 38 35 38 1985 61686 59965 78785 51049 77028 92850 46219 119090 48944 84674 80157 54974 57635 53002 61605 61672 61628 61614 30 28 30 1986 63057 61427 78417 53375 78870 94427 47106 120976 50994 83406 80154 55977 57938 54577 63000 63039 62991 62973 22 23 22 1987 64818 63618 80939 55409 80332 95275 47863 121637 53079 85516 85008 57541 58642 56849 64978 64803 64819 64804 28 31 28 1988 67047 66151 83072 58123 82415 97392 49895 123155 54913 89945 89074 59074 59884 58621 67215 67032 67046 67031 34 34 34 1989 69579 69025 86268 60840 84410 99435 51848 124695 56680 91443 91021 60924 61504 60654 69765 69572 69577 69570 38 38 38 1990 72274 72180 89801 63808 86125 101339 53522 126310 58011 92063 93630 63405 63548 63474 72601 72272 72262 72260 39 41 39 1991 74826 74789 91996 66581 87404 102906 54491 128112 58771 93283 92848 65606 66070 65443 74980 74821 74824 74819 35 33 35 1992 76602 76989 93106 69236 87152 102048 54502 126605 59486 92904 92922 67276 68101 66856 76788 76590 76598 76586 24 24 24 1993 78288 78679 93915 71294 88163 102100 56103 125322 61890 92879 92210 68949 69830 68494 78404 78289 78290 78291 22 21 22 1994 79935 80302 94870 73200 89352 102592 58089 124604 64069 93914 93075 70819 71725 70351 80029 79937 79940 79942 21 21 21
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
189 August 2012 SURVEY OF CURRENT BUSINESS
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1980 58340 37645 7152 3514 3445 13588 ndash114 58736 57848 58233 59083 ndash03 06 ndash19 ndash10 ndash03 1981 59821 38216 7796 3557 3535 13712 75 59544 59397 59117 60473 25 14 27 15 24 1982 58659 38749 6703 3285 3491 13953 ndash540 59182 58604 59119 59340 ndash19 ndash06 ndash13 00 ndash19 1983 61309 40964 7328 3201 3931 14463 ndash716 61676 62031 62393 61971 45 42 58 55 44 1984 65715 43136 9487 3462 4888 14949 ndash431 64900 67397 66584 66341 72 52 87 67 71 1985 68434 45383 9398 3567 5205 15990 ndash699 68331 70394 70293 68880 41 53 44 56 38 1986 70805 47224 9335 3841 5650 16962 ndash907 70927 72972 73097 71104 35 38 37 40 32 1987 73070 48680 9622 4254 5984 17371 ndash873 72899 75121 74953 73359 32 28 29 25 32 1988 76074 50643 9849 4935 6219 17589 ndash723 76013 77522 77462 76439 41 43 32 33 42 1989 78792 52075 10244 5502 6493 18068 ndash604 78608 79842 79658 79173 36 34 30 28 36 1990 80271 53137 9899 5997 6726 18640 ndash676 80258 80978 80964 80750 19 21 14 16 20 1991 80083 53217 9094 6395 6716 18844 ndash751 80279 80278 80471 80488 ndash02 00 ndash09 ndash06 ndash03 1992 82800 55032 9831 6835 7187 18932 ndash643 82772 83027 82995 83194 34 31 34 31 34 1993 85162 56986 10709 7059 7808 18782 ndash566 85080 85857 85773 85560 29 28 34 33 28 1994 88631 59162 12164 7674 8739 18780 ndash410 88017 89685 89070 88930 41 35 45 38 39 1995 90860 60762 12543 8451 9439 18889 ndash346 90654 91813 91606 91217 25 30 24 28 26 1996 94258 62883 13653 9153 10260 19079 ndash250 94044 95340 95124 94631 37 37 38 38 37 1997 98459 65204 15352 10243 11641 19438 ndash137 97742 99844 99125 98734 45 39 47 42 43 1998 102747 68623 16889 10477 13002 19850 ndash90 102083 105311 104647 102953 44 44 55 56 43 1999 107707 72376 18376 10934 14499 20561 ndash41 107065 111318 110677 108029 48 49 57 58 49 2000 112164 76046 19631 11874 16387 20978 22 111580 116716 116133 112592 41 42 48 49 42 2001 113375 78103 18252 11208 15926 21783 ndash45 113820 118158 118609 113950 11 20 12 21 12 2002 115431 80183 18004 10983 16468 22796 ndash67 115336 120975 120883 115971 18 13 24 19 18 2003 118364 82445 18701 11160 17197 23305 ndash50 118205 124447 124290 119099 25 25 29 28 27 2004 122469 85158 20582 12225 19104 23620 ndash12 121813 129355 128698 123416 35 31 39 35 36 2005 126230 88035 21723 13051 20278 23699 00 125730 133457 132957 127201 31 32 32 33 31 2006 129585 90545 22318 14221 21515 24021 ndash05 128993 136881 136290 130283 27 26 26 25 24 2007 132064 92629 21595 15544 22032 24342 ndash14 131775 138553 138264 133220 19 22 12 14 23 2008 131619 92117 19398 16493 21440 24974 77 132005 136531 136912 133169 ndash03 02 ndash15 ndash10 00 2009 127579 90326 14581 14987 18538 25894 329 128997 131023 132430 128890 ndash31 ndash23 ndash40 ndash33 ndash32 2010 130630 91962 16580 16656 20852 26058 226 130103 134730 134197 132534 24 09 28 13 28 2011 132991 94288 17440 17769 21849 25239 104 132653 136988 136642 135220 18 20 17 18 20
1947 I 17707 11309 1887 852 510 4073 96 17855 17264 17408 17804 II 17680 11497 1735 842 520 4098 28 17972 17265 17557 17781 ndash06 26 00 35 ndash05 III 17665 11534 1679 799 461 4136 ndash22 18117 17252 17709 17766 ndash03 33 ndash03 35 ndash03 IV 17933 11538 2027 708 486 4075 71 18123 17717 17909 18040 62 01 112 46 63
1948 I 18218 11596 2247 676 548 4155 92 18202 18140 18122 18334 65 17 99 48 67 II 18553 11730 2395 613 569 4355 29 18334 18621 18395 18676 75 29 110 62 76 III 18653 11748 2421 627 599 4440 16 18366 18732 18437 18776 22 07 24 09 22 IV 18682 11841 2300 605 589 4627 ndash102 18524 18787 18625 18805 06 35 12 41 06
1949 I 18422 11860 1942 678 572 4759 ndash245 18600 18382 18561 18540 ndash55 16 ndash84 ndash14 ndash55 II 18355 12041 1671 672 563 4974 ndash440 18840 18313 18806 18470 ndash14 53 ndash15 54 ndash15 III 18561 12069 1817 616 540 5024 ndash425 18832 18587 18862 18672 46 ndash02 61 12 45 IV 18387 12245 1718 533 549 4918 ndash478 18900 18551 19076 18488 ndash37 15 ndash08 46 ndash39
1950 I 19130 12449 2149 524 564 4835 ndash263 19204 19339 19415 19238 172 66 181 73 172 II 19712 12654 2389 531 595 4914 ndash181 19720 19959 19968 19826 127 112 134 119 128 III 20484 13303 2604 544 734 4820 ndash53 20430 20893 20842 20618 166 152 201 187 169 IV 20844 12902 2950 588 736 5127 13 20207 21194 20549 20978 72 ndash43 59 ndash55 72
1951 I 21107 13214 2639 618 736 5675 ndash303 20804 21418 21112 21236 51 124 43 114 50 II 21457 12841 2704 679 711 6456 ndash512 20903 21645 21082 21608 68 19 43 ndash06 72 III 21885 12991 2495 695 651 7188 ndash833 21595 21969 21673 22041 82 139 61 117 83 IV 21922 13067 2283 689 634 7589 ndash1072 21915 21994 21986 22087 07 61 05 59 08
1952 I 22143 13096 2336 725 708 7824 ndash1130 22095 22259 22210 22299 41 33 49 42 39 II 22167 13353 2142 646 704 8089 ndash1359 22453 22410 22701 22324 04 66 27 91 05 III 22316 13418 2256 595 747 8170 ndash1376 22234 22701 22620 22470 27 ndash38 53 ndash14 26 IV 23053 13892 2418 599 814 8316 ndash1358 22971 23530 23450 23205 139 139 154 155 137
1953 I 23484 14057 2466 589 794 8598 ndash1432 23467 23960 23946 23634 77 89 75 87 76 II 23662 14142 2475 592 835 8787 ndash1499 23653 24186 24180 23820 31 32 38 40 32 III 23518 14110 2417 616 832 8681 ndash1474 23595 23996 24078 23661 ndash24 ndash10 ndash31 ndash17 ndash26 IV 23146 14016 2226 596 791 8654 ndash1555 23461 23599 23923 23289 ndash62 ndash23 ndash65 ndash25 ndash62
1954 I 23035 14067 2207 569 745 8422 ndash1485 23324 23472 23769 23188 ndash19 ndash23 ndash21 ndash26 ndash17 II 23064 14250 2200 651 812 8125 ndash1350 23419 23456 23819 23217 05 16 ndash03 09 05 III 23324 14444 2312 630 763 7929 ndash1228 23652 23693 24028 23479 46 40 41 36 46 IV 23791 14747 2419 659 771 7880 ndash1143 24046 24131 24392 23964 83 68 76 62 85
1955 I 24477 15078 2677 683 816 7871 ndash1016 24505 24847 24878 24653 120 79 124 82 120 II 24881 15366 2846 667 862 7793 ndash929 24826 25341 25288 25055 68 54 82 67 67 III 25214 15556 2887 711 877 7840 ndash903 25188 25629 25605 25390 55 60 46 51 54 IV 25355 15752 2949 714 909 7670 ndash821 25242 25806 25693 25534 22 08 28 14 23
1956 I 25239 15778 2850 748 947 7666 ndash856 25186 25680 25629 25437 ndash18 ndash09 ndash19 ndash10 ndash15 II 25438 15830 2818 799 942 7827 ndash894 25466 25798 25828 25634 32 45 18 31 31 III 25406 15866 2785 825 950 7753 ndash873 25476 25733 25806 25606 ndash05 02 ndash10 ndash03 ndash04 IV 25821 16084 2752 862 907 7954 ndash924 25916 26046 26143 25999 67 71 49 53 63
1957 I 25979 16195 2707 919 979 8117 ndash980 26143 26206 26373 26187 25 36 25 35 29 II 25917 16224 2704 891 986 8067 ndash983 26047 26194 26327 26138 ndash10 ndash15 ndash02 ndash07 ndash07 III 26166 16353 2768 866 967 8129 ndash983 26242 26465 26543 26379 39 30 42 33 37 IV 25891 16361 2537 841 971 8277 ndash1154 26236 26229 26582 26063 ndash41 ndash01 ndash35 06 ndash47
See the note at the end of the table
190 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1958 I 25190 16139 2348 757 985 8184 ndash1253 25565 25659 26044 25366 ndash104 ndash99 ndash84 ndash79 ndash103 II 25345 16271 2293 761 1027 8389 ndash1342 25698 25858 26221 25524 25 21 31 28 25 III 25939 16538 2482 763 1012 8442 ndash1274 26072 26444 26582 26112 97 60 94 56 96 IV 26543 16756 2706 761 1065 8622 ndash1237 26576 27123 27159 26715 97 79 107 90 96
1959 I 27080 17067 2859 811 1092 8566 ndash1131 27124 27625 27672 27251 83 85 76 78 83 II 27764 17329 3097 838 1145 8697 ndash1052 27591 28340 28167 27936 105 71 108 73 104 III 27731 17510 2882 865 1156 8806 ndash1176 27927 28279 28481 27915 ndash05 50 ndash09 45 ndash03 IV 27828 17529 2983 841 1126 8710 ndash1109 27822 28380 28377 28022 14 ndash15 15 ndash14 16
1960 I 28453 17697 3305 947 1169 8539 ndash866 28126 28906 28574 28640 93 44 76 28 91 II 28320 17921 2971 1007 1178 8608 ndash1009 28394 28689 28766 28511 ndash19 39 ndash30 27 ndash18 III 28366 17850 2953 982 1143 8815 ndash1091 28354 28736 28726 28565 07 ndash06 07 ndash06 08 IV 28002 17874 2588 1002 1089 8877 ndash1250 28493 28276 28778 28212 ndash50 20 ndash63 07 ndash49
1961 I 28169 17869 2654 995 1084 8993 ndash1258 28516 28450 28805 28390 24 03 25 04 25 II 28696 18134 2852 981 1097 9014 ndash1188 28822 29024 29153 28906 77 44 83 49 75 III 29159 18222 3091 976 1170 9191 ndash1151 29044 29584 29468 29375 66 31 80 44 66 IV 29753 18587 3143 1006 1197 9393 ndash1179 29704 30175 30127 29973 84 94 82 93 84
1962 I 30287 18785 3331 1004 1234 9559 ndash1158 30067 30764 30541 30505 74 50 80 56 73 II 30621 19016 3298 1100 1261 9611 ndash1143 30579 30989 30947 30860 45 70 30 54 47 III 30904 19170 3357 1038 1277 9830 ndash1214 30816 31387 31299 31146 37 31 53 46 37 IV 30979 19442 3245 1016 1292 9844 ndash1276 31029 31514 31567 31254 10 28 16 35 14
1963 I 31384 19573 3425 1040 1263 9784 ndash1175 31235 31861 31711 31647 53 27 45 18 51 II 31777 19760 3475 1161 1292 9772 ndash1099 31765 32113 32102 32032 51 70 32 50 49 III 32376 20029 3588 1099 1325 10191 ndash1206 32329 32851 32805 32635 77 73 95 91 77 IV 32622 20196 3632 1155 1321 10098 ndash1138 32665 33016 33062 32889 31 42 20 32 32
1964 I 33354 20595 3781 1225 1319 10135 ndash1063 33379 33659 33685 33644 93 90 80 78 95 II 33737 20958 3764 1246 1349 10201 ndash1083 33776 34052 34092 34016 47 48 47 49 45 III 34195 21343 3853 1236 1385 10207 ndash1059 34194 34572 34572 34483 55 51 63 58 56 IV 34290 21402 3885 1273 1423 10178 ndash1025 34283 34655 34649 34559 11 10 10 09 09
1965 I 35133 21878 4276 1136 1372 10153 ndash938 34826 35665 35354 35436 102 65 122 84 106 II 35609 22120 4276 1349 1533 10284 ndash887 35455 36006 35850 35922 55 74 39 57 56 III 36332 22500 4428 1272 1540 10640 ndash968 36121 36866 36654 36624 84 77 99 93 81 IV 37208 23132 4449 1364 1615 10869 ndash991 37102 37706 37598 37476 100 113 94 107 96
1966 I 38122 23474 4825 1340 1657 11064 ndash924 37721 38718 38311 38399 102 68 112 78 102 II 38249 23535 4737 1398 1698 11260 ndash983 37892 38805 38442 38526 13 18 09 14 13 III 38500 23804 4690 1346 1793 11565 ndash1112 38207 39241 38945 38772 27 34 46 53 26 IV 38812 23903 4712 1390 1813 11753 ndash1133 38315 39514 39010 39095 33 11 28 07 34
1967 I 39154 24042 4583 1417 1842 12252 ndash1298 38703 39854 39396 39434 36 41 35 40 35 II 39162 24370 4388 1404 1827 12185 ndash1358 39116 39866 39823 39435 01 43 01 44 00 III 39475 24495 4514 1370 1851 12312 ndash1365 39316 40262 40103 39774 32 21 40 29 35 IV 39776 24646 4611 1409 1948 12396 ndash1338 39664 40612 40502 40067 31 36 35 40 30
1968 I 40595 25234 4712 1450 2063 12613 ndash1351 40494 41507 41409 40894 85 86 91 93 85 II 41285 25621 4902 1479 2095 12671 ndash1293 40901 42202 41815 41589 70 41 69 40 70 III 41567 26103 4743 1566 2221 12697 ndash1321 41487 42490 42413 41881 28 59 28 58 28 IV 41747 26223 4792 1546 2202 12708 ndash1320 41751 42685 42694 42059 17 26 18 27 17
1969 I 42405 26517 5108 1360 1994 12720 ndash1306 42182 43422 43200 42717 65 42 71 48 64 II 42528 26686 5067 1665 2388 12667 ndash1169 42390 43495 43358 42830 12 20 07 15 11 III 42797 26815 5185 1625 2357 12685 ndash1156 42609 43798 43611 43086 26 21 28 24 24 IV 42596 27029 4905 1682 2331 12498 ndash1187 42617 43485 43512 42885 ndash19 01 ndash28 ndash09 ndash19
1970 I 42529 27195 4752 1696 2323 12431 ndash1222 42733 43388 43602 42825 ndash06 11 ndash09 08 ndash06 II 42607 27319 4767 1771 2369 12271 ndash1152 42651 43405 43455 42912 07 ndash08 02 ndash13 08 III 42986 27559 4848 1765 2364 12324 ndash1146 43033 43796 43849 43287 36 36 37 37 35 IV 42530 27484 4567 1781 2400 12324 ndash1226 42953 43344 43781 42807 ndash42 ndash07 ndash41 ndash06 ndash44
1971 I 43703 28009 5160 1788 2372 12124 ndash1006 43485 44505 44287 44029 115 50 112 47 119 II 43951 28266 5320 1785 2551 12085 ndash954 43785 44943 44780 44294 23 28 40 45 24 III 44302 28491 5390 1858 2607 12078 ndash908 44171 45255 45127 44614 32 36 28 31 29 IV 44425 28965 5222 1702 2431 11988 ndash1021 44703 45421 45711 44753 11 49 15 53 13
1972 I 45219 29352 5591 1882 2786 12031 ndash851 45324 46336 46450 45561 73 57 83 66 74 II 46291 29912 5933 1828 2687 12106 ndash801 46077 47408 47196 46629 98 68 96 66 97 III 46735 30374 6018 1938 2743 11856 ndash708 46492 47764 47522 47100 39 37 30 28 41 IV 47505 31086 6049 2020 2866 11931 ndash715 47574 48563 48639 47868 68 96 69 97 67
1973 I 48720 31655 6433 2168 2999 12048 ndash585 48617 49733 49633 49137 106 91 100 84 110 II 49284 31639 6734 2273 2912 11976 ndash426 48855 50060 49627 49728 47 20 27 00 49 III 49021 31753 6470 2280 2832 11823 ndash473 48916 49685 49581 49537 ndash21 05 ndash30 ndash04 ndash15 IV 49488 31660 6718 2392 2853 11910 ndash339 48972 50003 49480 50008 39 05 26 ndash08 39
1974 I 49054 31383 6289 2423 2756 12159 ndash444 48912 49372 49228 49663 ndash35 ndash05 ndash49 ndash20 ndash27 II 49180 31492 6258 2541 2902 12241 ndash450 48966 49506 49291 49756 10 04 11 05 08 III 48694 31622 5905 2404 2851 12259 ndash645 48815 49172 49294 49219 ndash39 ndash12 ndash27 00 ndash43 IV 48502 31158 5961 2466 2823 12302 ndash562 48106 48833 48434 48955 ndash16 ndash57 ndash27 ndash68 ndash21
1975 I 47912 31420 4914 2484 2540 12452 ndash818 48482 47789 48360 48293 ndash48 32 ndash83 ndash06 ndash53 II 48278 31944 4744 2412 2337 12357 ndash842 48979 47985 48687 48662 31 42 17 27 31 III 49091 32399 5145 2371 2531 12574 ndash867 49419 49164 49492 49506 69 36 102 68 71 IV 49733 32742 5287 2505 2666 12680 ndash815 50003 49781 50051 50226 53 48 51 46 59
1976 I 50863 33396 5834 2488 2833 12712 ndash734 50694 51187 51015 51343 94 56 118 79 92 II 51246 33703 6083 2513 2956 12573 ndash670 50865 51706 51322 51744 30 14 41 24 32 III 51497 34059 6094 2586 3076 12507 ndash673 51180 52010 51690 52000 20 25 24 29 20 IV 51871 34503 6137 2612 3178 12497 ndash700 51895 52490 52515 52386 29 57 37 65 30
See the note at the end of the table
191 August 2012 SURVEY OF CURRENT BUSINESS
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1977 I 52473 34897 6438 2570 3329 12610 ndash713 52382 53384 53294 53061 47 38 70 61 52 II 53516 35090 6936 2639 3359 12741 ndash531 53224 54364 54072 54092 82 66 75 60 80 III 54473 35425 7314 2660 3312 12765 ndash379 53784 55225 54533 55043 74 43 65 34 72 IV 54461 35959 7108 2574 3359 12723 ndash544 54223 55419 55180 54969 ndash01 33 14 48 ndash05
1978 I 54647 36169 7249 2635 3585 12744 ndash565 54292 55835 55479 55234 14 05 30 22 19 II 56797 36942 7746 2910 3596 13088 ndash293 56446 57569 57216 57287 167 168 130 131 157 III 57354 37097 7985 2942 3643 13193 ndash220 56964 58143 57751 57888 40 37 40 38 43 IV 58113 37396 8167 3058 3693 13312 ndash127 57695 58788 58368 58726 54 52 45 43 59
1979 I 58210 37585 8166 3061 3683 13192 ndash111 57878 58864 58529 58838 07 13 05 11 08 II 58264 37563 8147 3069 3703 13332 ndash144 57875 58935 58543 58968 04 00 05 01 09 III 58683 37932 7988 3179 3646 13351 ndash121 58714 59085 59113 59523 29 59 10 39 38 IV 58845 38033 7839 3380 3726 13438 ndash119 58982 59049 59182 59678 11 18 ndash02 05 10
1980 I 59034 37967 7783 3474 3729 13654 ndash115 59096 59093 59151 59883 13 08 03 ndash02 14 II 57824 37105 7081 3539 3458 13697 ndash140 57938 57321 57428 58609 ndash79 ndash76 ndash115 ndash112 ndash82 III 57717 37503 6541 3532 3210 13508 ndash157 58693 56791 57746 58456 ndash07 53 ndash36 22 ndash10 IV 58784 38003 7206 3510 3382 13494 ndash47 59218 58185 58606 59386 76 36 102 61 65
1981 I 60006 38211 7922 3577 3526 13673 149 59509 59534 59037 60648 86 20 96 30 88 II 59527 38211 7545 3596 3532 13704 03 59627 59038 59131 60132 ndash32 08 ndash33 06 ndash34 III 60250 38366 8013 3520 3491 13673 169 59696 59809 59255 60893 49 05 53 08 52 IV 59500 38076 7702 3536 3591 13799 ndash22 59344 59206 59047 60221 ndash49 ndash23 ndash40 ndash14 ndash43
1982 I 58523 38322 6900 3383 3489 13785 ndash378 59177 58315 58958 59206 ndash64 ndash11 ndash59 ndash06 ndash66 II 58840 38459 6894 3403 3432 13865 ndash349 59152 58508 58812 59606 22 ndash02 13 ndash10 27 III 58614 38754 6813 3252 3591 13960 ndash574 58765 58766 58912 59263 ndash15 ndash26 18 07 ndash23 IV 58660 39461 6207 3103 3450 14201 ndash862 59635 58828 59794 59286 03 61 04 61 02
1983 I 59389 39848 6428 3153 3529 14308 ndash819 60265 59602 60469 60008 51 43 54 46 50 II 60724 40639 7048 3163 3801 14430 ndash755 61118 61317 61706 61383 93 58 120 84 95 III 61922 41357 7522 3211 4097 14680 ndash751 62252 62869 63196 62593 81 76 105 100 81 IV 63202 42013 8314 3275 4298 14432 ndash534 63070 64336 64203 63899 85 54 97 65 86
1984 I 64428 42373 9184 3344 4643 14578 ndash408 63492 65944 65010 65072 80 27 104 51 76 II 65540 42979 9494 3427 4838 14892 ndash414 64656 67204 66321 66188 71 75 79 83 70 III 66177 43311 9714 3503 4963 15002 ndash390 65252 67903 66979 66819 39 37 42 40 39 IV 66716 43881 9555 3574 5108 15323 ndash509 66203 68537 68026 67287 33 60 38 64 28
1985 I 67345 44625 9240 3576 4996 15499 ndash599 67325 69016 68997 67800 38 70 28 58 31 II 67915 45032 9399 3563 5241 15847 ndash685 67838 69926 69851 68400 34 31 54 50 36 III 68976 45887 9296 3511 5190 16258 ndash786 68940 70995 70961 69376 64 67 63 65 58 IV 69500 45988 9659 3617 5394 16355 ndash725 69221 71640 71365 69945 31 17 37 23 33
1986 I 70168 46372 9639 3731 5389 16532 ndash717 69934 72146 71915 70559 39 42 29 31 36 II 70450 46866 9425 3772 5618 16883 ndash878 70461 72669 72684 70730 16 31 29 43 10 III 71129 47685 9130 3858 5774 17266 ndash1036 71453 73431 73759 71443 39 58 43 61 41 IV 71473 47972 9144 4002 5819 17166 ndash992 71858 73641 74030 71685 19 23 12 15 14
1987 I 71869 47899 9423 4005 5784 17237 ndash911 71666 73988 73789 72109 22 ndash11 19 ndash13 24 II 72633 48540 9436 4164 5928 17346 ndash925 72622 74729 74721 72935 43 54 41 51 47 III 73263 49082 9446 4343 6043 17346 ndash911 73489 75273 75501 73556 35 49 29 42 35 IV 74517 49200 10183 4504 6182 17556 ndash744 73820 76494 75802 74838 70 18 67 16 71
1988 I 74902 50022 9609 4753 6153 17471 ndash800 74911 76510 76520 75303 21 60 01 38 25 II 75864 50385 9843 4885 6083 17517 ndash683 75814 77199 77149 76231 52 49 36 33 50 III 76256 50783 9906 4975 6226 17507 ndash689 76174 77659 77578 76586 21 19 24 22 19 IV 77274 51381 10037 5127 6416 17862 ndash717 77153 78722 78603 77637 55 52 56 54 56
1989 I 77999 51569 10422 5278 6446 17752 ndash576 77525 79286 78813 78356 38 19 29 11 38 II 78583 51800 10300 5508 6476 18028 ndash577 78278 79604 79299 78926 30 39 16 25 29 III 79206 52337 10179 5568 6467 18197 ndash608 79264 80135 80192 79577 32 51 27 46 33 IV 79379 52593 10074 5656 6584 18294 ndash654 79363 80344 80327 79833 09 05 10 07 13
1990 I 80208 53009 10173 5903 6793 18576 ndash660 80224 81122 81137 80635 42 44 39 41 41 II 80527 53184 10176 5983 6782 18604 ndash638 80259 81323 81054 80966 16 02 10 ndash04 17 III 80526 53386 9937 6027 6754 18598 ndash668 80417 81233 81123 80896 00 08 ndash04 03 ndash03 IV 79820 52970 9308 6077 6573 18783 ndash745 80132 80234 80541 80501 ndash35 ndash14 ndash48 ndash28 ndash19
1991 I 79434 52820 8929 6121 6498 18859 ndash797 79811 79701 80075 79947 ndash19 ndash16 ndash26 ndash23 ndash27 II 79970 53222 8885 6341 6614 18925 ndash789 80385 80108 80519 80334 27 29 21 22 19 III 80307 53426 9106 6486 6800 18835 ndash746 80496 80494 80681 80626 17 06 19 08 15 IV 80622 53402 9454 6634 6950 18756 ndash674 80423 80810 80609 81044 16 ndash04 16 ndash04 21
1992 I 81507 54320 9244 6752 7001 18899 ndash707 81666 81611 81766 81923 45 63 40 59 44 II 82373 54642 9853 6753 7116 18876 ndash635 82250 82614 82489 82783 43 29 50 36 43 III 83223 55246 9955 6899 7228 18973 ndash622 83154 83421 83348 83591 42 45 40 42 40 IV 84098 55920 10270 6934 7401 18979 ndash604 84019 84461 84378 84478 43 42 51 50 43
1993 I 84253 56147 10511 6950 7561 18779 ndash573 83964 84787 84496 84728 07 ndash03 16 06 12 II 84792 56686 10594 7035 7718 18765 ndash570 84668 85409 85283 85180 26 34 30 38 21 III 85238 57301 10586 7012 7819 18746 ndash588 85332 86002 86094 85701 21 32 28 39 25 IV 86364 57811 11145 7237 8134 18839 ndash534 86354 87229 87218 86630 54 49 58 53 44
See the note at the end of the table
192 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashTable Ends [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1994 I 87205 58455 11626 7306 8323 18599 ndash458 86816 88208 87819 87559 40 22 46 28 44 II 88398 58888 12304 7547 8633 18677 ndash385 87547 89477 88626 88700 56 34 59 37 53 III 88967 59360 12082 7835 8876 19005 ndash439 88496 89990 89518 89240 26 44 23 41 25 IV 89955 59946 12646 8009 9126 18841 ndash361 89207 91065 90317 90221 45 32 49 36 45
1995 I 90176 60016 12774 8156 9326 18916 ndash360 89587 91346 90757 90561 10 17 12 20 15 II 90370 60508 12431 8268 9415 18979 ndash401 90117 91511 91257 90787 09 24 07 22 10 III 91129 61049 12311 8628 9447 18937 ndash349 91190 91883 91942 91373 34 49 16 30 26 IV 91764 61478 12658 8752 9568 18725 ndash281 91722 92514 92469 92146 28 24 28 23 34
1996 I 92393 62040 12824 8862 9879 18845 ndash299 92514 93373 93493 92850 28 35 38 45 31 II 93990 62742 13489 9011 10100 19116 ndash268 93840 95052 94900 94341 71 59 74 62 66 III 94808 63118 14169 9084 10427 19097 ndash233 94250 96157 95597 95119 35 18 47 30 33 IV 95843 63632 14130 9653 10633 19259 ndash198 95572 96780 96508 96214 44 57 26 39 47
1997 I 96580 64273 14460 9837 11087 19294 ndash197 96244 97815 97477 96850 31 28 43 41 27 II 98012 64533 15383 10227 11459 19460 ndash132 97010 99220 98217 98374 61 32 59 31 64 III 99242 65630 15657 10464 11881 19482 ndash110 98541 100642 99940 99513 51 65 59 72 47 IV 100003 66381 15907 10445 12138 19515 ndash107 99175 101698 100867 100198 31 26 43 38 28
1998 I 100948 67041 16666 10495 12593 19397 ndash58 99798 103066 101912 101247 38 25 55 42 43 II 101856 68195 16467 10374 12882 19819 ndash117 101484 104404 104034 102125 36 69 53 86 35 III 103200 69099 16939 10326 13055 20002 ndash111 102655 105983 105439 103315 54 47 62 55 47 IV 104986 70159 17484 10715 13478 20181 ndash75 104396 107791 107201 105122 71 70 70 69 72
1999 I 105921 70851 18034 10633 13821 20284 ndash60 105083 109163 108324 106190 36 27 52 43 41 II 106749 71966 17971 10755 14261 20369 ndash51 106391 110306 109950 107075 32 51 43 61 34 III 108107 72831 18422 11037 14779 20633 ndash37 107705 111893 111493 108397 52 50 59 57 50 IV 110048 73858 19076 11313 15133 20959 ndash25 109081 113910 112942 110456 74 52 74 53 78
2000 I 110336 74978 18809 11508 15747 20787 01 110182 114616 114464 110692 11 41 25 55 09 II 112488 75683 20111 11835 16227 21064 22 111484 116919 115916 112881 80 48 83 52 82 III 112583 76424 19797 12124 16794 20998 34 111968 117288 116674 112928 03 17 13 26 02 IV 113250 77100 19807 12029 16781 21062 33 112685 118041 117478 113868 24 26 26 28 34
2001 I 112878 77408 18761 11871 16537 21373 02 113256 117582 117964 113339 ndash13 20 ndash15 17 ndash18 II 113617 77700 18700 11483 16044 21817 ndash39 113757 118232 118375 114169 27 18 22 14 30 III 113304 78042 18303 10892 15656 21778 ndash55 113641 118141 118483 113603 ndash11 ndash04 ndash03 04 ndash20 IV 113700 79264 17245 10585 15469 22164 ndash89 114626 118676 119612 114688 14 35 18 39 39
2002 I 114671 79537 17819 10754 15857 22504 ndash86 114857 119855 120044 115233 35 08 40 15 19 II 115281 79941 18034 11046 16392 22720 ndash68 115182 120687 120590 115645 21 11 28 18 14 III 115866 80483 18080 11123 16662 22904 ndash62 115699 121459 121294 116387 20 18 26 24 26 IV 115906 80769 18083 11010 16962 23057 ndash51 115608 121899 121603 116617 01 ndash03 15 10 08
2003 I 116389 81177 18104 10908 16757 23009 ndash52 116096 122289 121997 116949 17 17 13 13 11 II 117375 81981 18218 10873 16996 23351 ndash52 117426 123546 123601 118081 34 47 42 54 39 III 119307 83085 18884 11168 17196 23420 ndash54 119286 125388 125370 120008 67 65 61 58 67 IV 120386 83537 19599 11691 17838 23437 ndash40 120011 126566 126191 121360 37 25 38 26 46
2004 I 121179 84276 19701 11970 18292 23549 ndash25 120665 127524 127010 122340 27 22 31 26 33 II 121959 84651 20557 12157 19026 23635 ndash15 121184 128833 128057 122851 26 17 42 33 17 III 122867 85391 20821 12247 19304 23721 ndash09 122242 129926 129301 123867 30 35 34 39 34 IV 123872 86313 21249 12528 19794 23576 00 123161 131136 130425 124607 33 30 38 35 24
2005 I 125150 87001 21700 12762 19909 23599 ndash03 124241 132297 131388 126234 42 36 36 30 53 II 125707 87862 21313 13036 20129 23624 01 125552 132799 132644 126677 18 43 15 39 14 III 126705 88529 21551 13039 20253 23839 00 126585 133918 133799 127769 32 33 34 35 35 IV 127356 88749 22328 13366 20821 23734 00 126542 134812 133999 128124 21 ndash01 27 06 11
2006 I 128964 89658 22663 13887 21215 23971 00 128319 136294 135650 129747 51 57 45 50 52 II 129487 90198 22631 14121 21452 23991 ndash02 128773 136821 136107 130216 16 14 16 14 15 III 129504 90739 22312 14142 21709 24027 ndash07 128828 137076 136400 130096 01 02 07 09 ndash04 IV 130384 91583 21667 14735 21682 24094 ndash13 130053 137333 137001 131073 27 39 07 18 30
2007 I 130561 92092 21451 14965 21998 24067 ndash16 130382 137594 137415 131226 05 10 08 12 05 II 131736 92445 21930 15213 22107 24268 ndash13 131262 138632 138158 132484 36 27 31 22 39 III 132698 92852 21763 15780 22160 24479 ndash16 132318 139083 138703 134058 30 33 13 16 48 IV 133260 93126 21236 16219 21865 24553 ndash09 133140 138901 138782 135110 17 25 ndash05 02 32
2008 I 132668 92891 20557 16439 21941 24739 ndash17 132778 138180 138288 134317 ndash18 ndash11 ndash21 ndash14 ndash23 II 133105 92858 20240 16939 21801 24845 24 133259 137945 138097 134766 13 15 ndash07 ndash05 13 III 131869 91960 19347 16787 21433 25107 101 132256 136465 136846 133674 ndash37 ndash30 ndash42 ndash36 ndash32 IV 128835 90760 17446 15806 20586 25205 204 129729 133533 134415 129919 ndash89 ndash74 ndash83 ndash69 ndash108
2009 I 127110 90395 15160 14525 18560 25316 274 128703 131037 132618 128195 ndash53 ndash31 ndash73 ndash52 ndash52 II 127010 89993 14007 14546 17774 25904 334 128900 130144 132023 128068 ndash03 06 ndash27 ndash18 ndash04 III 127467 90462 13948 15023 18493 26143 384 129283 130820 132623 128953 14 12 21 18 28 IV 128731 90454 15211 15852 19327 26211 330 129102 132093 132456 130345 40 ndash06 40 ndash05 44
2010 I 129476 91008 15914 16082 19809 26004 277 129147 133093 132759 131219 23 01 31 09 27 II 130196 91594 16464 16454 20742 26187 239 129854 134389 134039 132165 22 22 39 39 29 III 131035 92160 17101 16839 21428 26167 196 130055 135534 134548 133011 26 06 35 15 26 IV 131812 93085 16843 17247 21430 25874 193 131356 135905 135441 133742 24 41 11 27 22
2011 I 131838 93809 16616 17488 21654 25407 172 131544 135921 135619 133943 01 06 00 05 06 II 132647 94032 17113 17664 21660 25354 144 132341 136552 136238 134861 25 24 19 18 28 III 133069 94419 17358 17929 21908 25166 105 133112 136964 136996 135347 13 23 12 22 14 IV 134410 94893 18673 17993 22173 25027 ndash03 133614 138514 137713 136729 41 15 46 21 41
2012 I 135064 95468 18951 18187 22342 24837 ndash37 134401 139144 138475 136938 20 24 18 22 06 II 135580 95820 19340 18424 22668 24748 ndash84 134811 139759 138985 15 12 18 15
NOTE The residual is the difference between gross domestic product and the sum of the detailed components shown in this table
193 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1929 7733 8363 8724 7544 4667 6258 5425 33695 2244 9786 2906 2421 6181 2851 10620 7848 7740 1930 7067 7915 8034 7387 3113 4796 4471 28836 1779 5949 2402 2106 6812 3158 11690 7311 7075 1931 6609 7667 7741 7199 1956 3326 2929 18557 1187 4975 1996 1837 7095 3266 12197 6881 6610 1932 5745 6979 6835 6764 0590 1934 1754 11365 0695 2627 1564 1524 6860 3340 11629 6097 5743 1933 5671 6824 6785 6513 0869 1709 1581 8816 0712 2146 1574 1588 6633 4130 10421 5911 5663 1934 6288 7312 7405 6832 1570 2210 2014 9940 0984 2938 1749 1622 7482 5541 10956 6474 6271 1935 6846 7758 8013 7070 2906 2864 2552 11028 1341 4111 1845 2125 7687 5639 11306 6876 6831 1936 7740 8548 9078 7505 3726 3814 3451 14477 1840 5205 1938 2101 8971 8514 11371 7786 7713 1937 8137 8864 9348 7857 4653 4472 4134 18358 2139 5661 2441 2364 8592 7666 11369 8111 8117 1938 7857 8722 9140 7794 3076 3543 3031 14689 1489 5691 2414 1837 9252 8465 12035 7995 7841 1939 8492 9209 9773 8097 3956 4252 3383 15500 1718 8062 2549 1930 10067 9077 13229 8586 8473 1940 9236 9686 10380 8410 5510 5108 4187 17596 2227 9093 2899 1976 10350 10163 12794 9169 9205 1941 10813 10373 11204 8909 6729 5828 4930 20899 2611 9661 2973 2430 17205 26817 11982 10640 10782 1942 12809 10127 10340 9400 3555 3289 2902 12917 1498 4887 1964 2206 40483 82370 10867 12859 12763 1943 14906 10411 10239 10151 2099 2539 2425 9387 1345 2904 1655 2782 60224 130288 9876 15168 14842 1944 16109 10707 10316 10718 2594 3118 3221 12292 1799 2500 1778 2912 67771 148703 9525 16396 16039 1945 15929 11370 11021 11293 3424 4268 4525 16574 2576 2940 2491 3096 59168 127726 9855 16262 15853 1946 14186 12784 13059 11807 8778 7872 6673 32740 3213 12338 5379 2566 20344 34335 10837 14036 14137 1947 14059 13029 13438 11856 8433 9469 7765 29776 4367 15901 6133 2436 17281 25367 12329 14330 14031 1948 14677 13323 13708 12170 10775 10428 8172 31334 4596 19026 4831 2843 18542 27378 13112 14600 14660 1949 14601 13692 14120 12464 8226 9533 7422 30294 4029 17588 4786 2742 20755 30046 15108 14947 14577 1950 15878 14570 15214 13011 11615 11385 8104 32461 4447 24064 4190 3241 20779 28399 16349 15820 15853 1951 17106 14799 15033 13780 11649 10906 8479 34946 4576 20145 5135 3369 28386 47155 16475 16944 17093 1952 17761 15266 15371 14399 10534 10701 8315 34809 4445 19784 4913 3665 34178 61369 16749 17846 17747 1953 18579 15995 16167 15006 11029 11448 9062 37902 4848 20485 4584 4010 36627 66331 17578 18726 18554 1954 18461 16331 16340 15530 10517 11627 8868 39201 4576 22183 4806 3812 34132 57637 19115 18778 18445 1955 19791 17536 17844 16311 13072 13141 9851 42011 5203 25776 5319 4271 32885 52422 20494 19836 19778 1956 20182 18049 18112 17094 12894 13191 10413 46421 5341 23678 6197 4618 32912 51508 21156 20290 20180 1957 20588 18497 18422 17685 12333 13048 10571 46396 5480 22230 6737 4812 34379 53343 22408 20812 20591 1958 20403 18658 18234 18260 11312 12113 9410 43866 4680 22463 5826 5040 35484 53320 24312 20661 20385 1959 21866 19718 19381 19164 13603 13804 10159 44917 5237 28170 6427 5571 36688 54992 25232 21965 21840 1960 22408 20260 19721 19915 13600 13922 10737 48488 5459 26165 7543 5645 36751 53496 26338 22542 22391 1961 22930 20677 19846 20648 13512 13879 10670 49151 5354 26238 7583 5607 38600 55739 27961 23082 22925 1962 24319 21700 20867 21624 15227 15133 11602 51393 5974 28754 7965 6243 40977 60488 28818 24356 24325 1963 25382 22593 21701 22543 16249 16306 12247 51986 6476 32142 8535 6411 42032 60526 30552 25450 25393 1964 26851 23939 22994 23885 17589 17882 13701 57399 7303 34011 9540 6752 42958 59725 32626 26969 26867 1965 28575 25453 24623 25204 20058 19708 16088 66553 8641 33017 9807 7471 44250 59697 34813 28534 28588 1966 30437 26897 26184 26453 21825 20838 18100 71109 10024 30063 10487 8581 48149 66303 36998 30250 30423 1967 31206 27703 26697 27541 20827 20453 17856 69313 9958 29117 10728 9206 51844 72903 38868 31178 31193 1968 32717 29301 28350 29009 22039 21881 18654 70299 10578 33086 11572 10578 53472 73491 41168 32735 32709 1969 33733 30399 29216 30303 23323 23242 20070 74096 11513 34063 12131 11181 53347 70969 42557 33762 33710 1970 33798 31112 29447 31487 21791 22754 19963 74300 11399 32026 13435 11658 52059 65738 43738 34075 33772 1971 34932 32297 30679 32574 24275 24477 19964 73082 11512 40808 13663 12280 50926 60677 45077 35024 34923 1972 36788 34283 32685 34458 27150 27420 21797 75359 12997 48061 14689 13662 50556 58197 46068 36878 36784 1973 38920 35982 34378 36091 30331 29926 24968 81520 15381 47752 17458 14296 50379 55748 47381 38845 38995 1974 38705 35683 33124 36783 28097 28055 25177 79755 15774 37895 18837 13972 51648 56243 49164 38734 38835 1975 38623 36492 33349 38164 23120 25042 22689 71355 14272 32975 18718 12419 52812 56426 50970 39148 38657 1976 40695 38525 35684 39802 27791 27511 23800 73073 15164 40740 19536 14848 53049 56453 51346 40689 40776 1977 42566 40146 37215 41447 31989 31465 26486 76079 17449 49486 20006 16471 53630 57647 51532 42475 42681 1978 44940 41916 38753 43375 35846 35274 30450 87058 20106 52602 22115 17898 55210 59092 53216 44818 45034 1979 46345 42912 39373 44700 36989 37265 33517 98098 21861 50672 24307 18195 56241 60519 53998 46419 46581 1980 46217 42761 38376 45389 32926 34844 33429 103837 21075 39949 26925 16987 57337 63390 53958 46716 46449 1981 47390 43410 38830 46203 35886 35623 35333 112161 21971 36747 27256 17433 57860 66420 52873 47359 47542 1982 46470 44015 39101 47103 30859 33125 34003 110325 20829 30075 25173 17214 58876 68989 52898 47071 46651 1983 48570 46531 41589 49568 33733 35541 33563 98404 21950 42524 24524 19386 61027 73561 53514 49055 48719 1984 52060 48998 44586 51508 43672 41543 39486 112125 26303 48836 26526 24105 63078 75829 55444 51619 52155 1985 54214 51551 46931 54173 43266 43729 42103 120095 27974 49608 27331 25669 67471 81771 58879 54347 54151 1986 56092 53642 49556 55784 42971 44237 40901 106935 28504 55696 29429 27863 71573 86407 62669 56412 55899 1987 57887 55297 50448 58007 44295 44480 40870 103859 28895 56807 32594 29511 73300 89477 63575 57981 57672 1988 60266 57525 52322 60469 45337 45947 43008 104539 31074 56231 37815 30671 74220 88010 65933 60457 60093 1989 62420 59152 53643 62301 47156 47328 45409 106616 33351 54524 42161 32022 76240 89379 68340 62521 62242 1990 63591 60359 53975 64151 45569 46340 45633 108187 33361 49819 45954 33168 78655 91185 71112 63834 63482 1991 63442 60450 52904 65110 41862 43335 43186 96150 32504 45032 49005 33118 79514 91000 72585 63850 63276 1992 65595 62511 54571 67431 45254 45904 44565 90354 34873 51263 52370 35440 79885 89351 74156 65833 65403 1993 67466 64731 56838 69589 49299 49839 48456 89768 39226 55450 54086 38505 79253 85842 75244 67669 67263 1994 70214 67203 59836 71666 55998 54500 52915 91405 43904 60840 58802 43098 79245 82555 77197 70004 69913 1995 71980 69021 61623 73488 57743 58010 58478 97235 49158 58850 64755 46547 79705 80353 79247 72102 71711 1996 74672 71429 64383 75640 62851 63213 63940 102744 54383 63550 70133 50595 80507 79423 81090 74799 74395 1997 78000 74066 67453 77973 70672 69045 71658 110280 61861 64751 78490 57409 82020 78641 83980 77740 77620 1998 81397 77950 72010 81409 77747 76537 80264 115911 70837 69732 80281 64119 83759 77758 87291 81192 80937 1999 85326 82213 77745 84744 84592 83658 88640 116049 80857 74092 83785 71500 86761 79270 91179 85155 84928
194 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
2000 88857 86382 81847 88944 90371 89843 97327 125101 89320 74834 90985 80813 88519 79661 93744 88745 88515 2001 89816 88718 84417 91134 84023 88142 94614 123191 86438 75258 85880 78540 91917 82901 97236 90527 89582 2002 91445 91080 87848 92870 82879 84412 87112 101377 82789 79204 84160 81213 96192 88953 100473 91733 91171 2003 93769 93650 91890 94611 86090 87390 88290 97514 85377 85712 85514 84806 98336 94839 100408 94015 93631 2004 97021 96731 95988 97134 94749 93880 93740 98571 92138 94130 93677 94212 99668 98710 100234 96885 97024 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 2006 102658 102850 103322 102599 102742 102375 108027 109180 107590 92667 108969 106099 101359 102127 100910 102596 102423 2007 104622 105218 106394 104599 99412 100390 115039 124578 111168 75379 119108 108652 102713 103399 102311 104808 104731 2008 104270 104637 103776 105067 89296 93228 114125 132595 106411 57345 126376 105733 105381 110819 102310 104991 104692 2009 101069 102602 100697 103558 67124 75494 93507 104659 88911 44489 114835 91422 109262 117613 104568 102598 101328 2010 103486 104460 104304 104554 76327 75326 94148 88308 96822 42862 127623 102832 109955 122883 102711 103478 104193 2011 105356 107103 108263 106543 80284 80311 102288 90733 107473 42268 136152 107746 106497 119480 99224 105506 106304
1947 I 14028 12846 13203 11757 8686 9295 7874 29902 4450 14609 6532 2514 17184 25544 12014 14201 13996 II 14006 13060 13440 11927 7986 9048 7750 29743 4356 13882 6450 2563 17293 25597 12177 14294 13979 III 13995 13102 13530 11901 7730 9355 7596 29945 4209 16009 6122 2273 17451 25611 12461 14410 13967 IV 14207 13106 13580 11839 9332 10178 7841 29515 4454 19103 5429 2395 17193 24718 12663 14415 14182
1948 I 14433 13172 13600 11966 10343 10521 8327 30127 4830 18876 5181 2701 17534 25559 12644 14477 14414 II 14698 13325 13724 12154 11025 10512 8038 30967 4509 19977 4697 2808 18378 27116 13008 14582 14682 III 14777 13344 13710 12219 11143 10399 8058 31892 4451 19341 4807 2955 18735 27669 13239 14607 14761 IV 14800 13450 13800 12342 10588 10279 8264 32349 4594 17908 4638 2907 19523 29169 13559 14733 14784
1949 I 14594 13472 13779 12420 8941 9691 7873 31740 4305 16562 5193 2820 20081 29756 14120 14793 14575 II 14541 13678 14081 12483 7690 9383 7563 30997 4095 16276 5148 2779 20990 30874 14925 14985 14520 III 14704 13709 14153 12457 8364 9360 7187 29626 3879 17671 4718 2665 21201 30534 15546 14978 14679 IV 14566 13910 14469 12495 7907 9696 7064 28813 3836 19841 4084 2705 20750 29021 15843 15033 14535
1950 I 15155 14141 14749 12650 9891 10310 7264 30186 3902 22093 4017 2781 20403 27640 16237 15274 15124 II 15616 14373 14906 12970 10998 11267 7914 31709 4342 24235 4065 2935 20737 28254 16375 15685 15587 III 16227 15111 16022 13171 11988 12108 8624 33545 4809 25567 4171 3621 20339 27251 16387 16249 16209 IV 16513 14656 15178 13254 13581 11856 8612 34404 4733 24363 4509 3628 21635 30451 16397 16072 16492
1951 I 16721 15010 15512 13616 12149 11416 8389 34516 4532 23068 4734 3628 23948 36413 16235 16547 16695 II 16999 14586 14725 13708 12450 10890 8505 35688 4540 19961 5200 3508 27241 44208 16511 16625 16987 III 17337 14756 14887 13880 11488 10714 8600 35472 4640 18688 5328 3211 30332 51849 16591 17175 17328 IV 17367 14842 15007 13915 10509 10603 8422 34108 4593 18861 5278 3127 32023 56150 16564 17430 17364
1952 I 17542 14876 14935 14087 10755 10729 8455 34149 4619 19354 5559 3490 33015 58600 16616 17573 17530 II 17561 15168 15270 14307 9862 10877 8550 34395 4682 19711 4948 3472 34134 60920 16969 17858 17550 III 17679 15241 15254 14497 10387 10210 7777 34682 3989 19513 4557 3684 34472 62487 16510 17684 17665 IV 18263 15780 16025 14704 11132 10987 8477 36010 4490 20560 4588 4014 35090 63469 16900 18270 18243
1953 I 18604 15968 16236 14854 11353 11428 8942 37095 4806 20881 4511 3916 36281 65942 17262 18665 18580 II 18745 16064 16268 15032 11392 11490 9003 37807 4803 20940 4539 4119 37079 68018 17232 18813 18726 III 18631 16027 16131 15124 11124 11499 9208 38017 4965 20146 4721 4103 36631 66162 17693 18767 18601 IV 18336 15920 16033 15012 10248 11375 9096 38688 4815 19972 4565 3901 36517 65201 18124 18660 18308
1954 I 18249 15979 16023 15152 10162 11196 8825 39082 4549 20182 4360 3676 35540 61731 18775 18551 18230 II 18272 16187 16179 15414 10127 11379 8732 39353 4448 21496 4987 4006 34282 58425 18848 18627 18252 III 18478 16407 16350 15682 10645 11833 8970 39267 4659 22808 4827 3765 33455 55519 19373 18811 18458 IV 18848 16751 16806 15872 11135 12098 8944 39101 4649 24245 5049 3801 33252 54873 19463 19125 18839
1955 I 19391 17127 17322 16058 12322 12587 9104 40312 4692 26044 5236 4025 33212 53552 20280 19490 19381 II 19711 17455 17810 16176 13101 13128 9676 41312 5108 26429 5114 4253 32882 52337 20546 19746 19697 III 19975 17671 18058 16342 13288 13418 10171 42683 5427 25865 5450 4325 33082 52889 20514 20034 19960 IV 20086 17893 18186 16668 13576 13431 10451 43738 5586 24768 5474 4482 32365 50910 20634 20076 20074
1956 I 19995 17922 18105 16828 13120 13145 10257 45096 5310 24114 5734 4670 32347 50530 20857 20032 19997 II 20152 17982 18078 16989 12971 13251 10417 46703 5322 23970 6121 4645 33025 51855 21113 20254 20152 III 20126 18022 18003 17168 12819 13229 10501 46999 5372 23499 6324 4686 32713 50911 21218 20262 20130 IV 20455 18270 18261 17392 12667 13138 10476 46887 5359 23131 6608 4471 33563 52735 21434 20612 20439
1957 I 20581 18396 18432 17459 12463 13138 10551 46482 5456 22801 7039 4826 34252 53672 21973 20793 20587 II 20531 18429 18365 17609 12446 13011 10523 46450 5434 22250 6830 4864 34039 52858 22158 20716 20549 III 20729 18576 18519 17738 12743 13142 10745 46458 5625 21950 6639 4770 34300 53050 22471 20872 20738 IV 20511 18585 18374 17933 11679 12902 10466 46194 5405 21918 6440 4787 34925 53793 23030 20867 20490
1958 I 19956 18332 17935 17916 10811 12103 9709 45328 4824 21051 5801 4858 34535 51864 23681 20333 19942 II 20078 18483 17990 18175 10555 11760 9290 43825 4581 21104 5829 5066 35400 53530 24023 20439 20065 III 20549 18785 18329 18419 11426 11927 9150 42825 4538 22643 5847 4989 35621 53321 24548 20737 20528 IV 21028 19034 18683 18530 12456 12662 9491 43486 4777 25055 5829 5250 36381 54566 24996 21137 21003
1959 I 21453 19386 19117 18769 13159 13439 9786 43334 5039 27906 6214 5385 36145 53666 25203 21573 21424 II 21995 19684 19420 19048 14258 13874 10085 44676 5192 28897 6421 5645 36696 54950 25272 21945 21962 III 21969 19889 19573 19304 13266 14044 10404 46005 5362 28351 6625 5698 37158 56085 25294 22212 21945 IV 22046 19912 19414 19537 13730 13857 10363 45655 5354 27524 6448 5554 36753 55268 25159 22128 22030
1960 I 22540 20103 19609 19714 15215 14341 10762 47560 5549 28314 7255 5764 36029 52782 25597 22370 22516 II 22435 20357 19883 19933 13675 14052 10929 48124 5648 25986 7716 5807 36322 52580 26223 22584 22414 III 22472 20276 19756 19909 13594 13676 10657 48216 5411 25197 7522 5637 37197 54212 26614 22552 22457 IV 22184 20303 19637 20102 11915 13620 10598 50051 5227 25164 7677 5371 37456 54410 26919 22662 22179
1961 I 22315 20297 19451 20304 12219 13449 10375 49824 5056 25261 7625 5345 37946 54339 27792 22680 22319 II 22733 20599 19745 20600 13129 13647 10589 48994 5297 25352 7519 5410 38037 54847 27604 22923 22725 III 23100 20699 19874 20662 14229 13975 10677 49022 5369 26721 7478 5768 38783 56387 27838 23100 23093 IV 23570 21114 20316 21026 14469 14446 11038 48764 5692 27618 7709 5905 39635 57381 28610 23625 23563
195 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1962 I 23993 21338 20554 21225 15332 14755 11294 49678 5841 28116 7690 6085 40336 59488 28403 23914 23982 II 24258 21600 20756 21542 15184 15203 11631 51488 5991 28995 8428 6218 40555 59733 28607 24321 24261 III 24482 21776 20915 21728 15455 15325 11781 52844 6017 28971 7957 6297 41478 61530 28972 24510 24485 IV 24542 22084 21242 22002 14936 15250 11701 51563 6045 28933 7785 6374 41538 61199 29288 24679 24571
1963 I 24863 22233 21441 22089 15765 15428 11683 49768 6164 29978 7967 6226 41285 59714 29839 24843 24880 II 25174 22446 21618 22330 15995 16144 12056 52126 6303 32135 8900 6373 41233 59161 30110 25265 25182 III 25648 22752 21835 22721 16517 16562 12421 52488 6586 32730 8424 6534 43001 62445 30915 25713 25656 IV 25843 22941 21909 23031 16720 17091 12829 53562 6851 33726 8847 6513 42610 60783 31346 25980 25856
1964 I 26423 23394 22416 23403 17407 17743 13148 54952 7018 35792 9389 6507 42768 60473 31813 26548 26449 II 26727 23806 22888 23729 17327 17695 13483 56815 7161 33990 9545 6653 43045 60070 32544 26864 26742 III 27090 24243 23422 24039 17739 17978 13941 58681 7409 33435 9471 6832 43071 59598 32899 27197 27109 IV 27165 24311 23250 24368 17884 18110 14231 59147 7622 32825 9753 7017 42947 58760 33247 27267 27168
1965 I 27832 24852 24007 24645 19683 18935 15187 62180 8208 32940 8701 6764 42843 58020 33562 27699 27858 II 28210 25126 24181 25018 19682 19465 15759 66513 8361 33197 10335 7562 43396 58132 34414 28199 28240 III 28782 25558 24676 25360 20385 19992 16355 67213 8820 33327 9743 7593 44897 60480 35383 28729 28792 IV 29477 26276 25627 25791 20479 20441 17051 70307 9175 32605 10449 7964 45862 62158 35893 29509 29462
1966 I 30200 26664 26109 26059 22211 21205 17794 71978 9687 33346 10266 8169 46687 63579 36338 30001 30187 II 30301 26733 25979 26343 21805 20931 18071 70590 10040 30671 10715 8373 47514 65262 36619 30137 30287 III 30500 27039 26353 26560 21589 20924 18291 72162 10104 29674 10313 8842 48800 67904 37042 30388 30481 IV 30747 27151 26298 26850 21693 20290 18244 69704 10265 26561 10653 8941 49594 68469 37995 30474 30735
1967 I 31018 27310 26366 27099 21099 19813 17858 70424 9867 25762 10859 9082 51699 73163 38465 30782 31001 II 31025 27682 26825 27361 20199 20320 17794 68421 9976 28691 10760 9009 51418 72103 38675 31111 31002 III 31272 27824 26746 27734 20779 20520 17704 69145 9838 30129 10498 9127 51953 73249 38827 31270 31268 IV 31511 27996 26851 27968 21229 21160 18069 69260 10149 31884 10797 9608 52307 73097 39504 31547 31499
1968 I 32160 28664 27706 28406 21691 21671 18637 70618 10536 32079 11111 10174 53220 74368 40197 32207 32149 II 32706 29104 28121 28853 22568 21560 18313 70020 10300 32889 11332 10330 53466 73771 40979 32531 32696 III 32930 29651 28810 29226 21835 21878 18557 69568 10555 33480 11998 10951 53578 73136 41568 32997 32925 IV 33072 29787 28763 29550 22062 22415 19107 70990 10922 33897 11845 10858 53622 72689 41927 33206 33065
1969 I 33593 30120 29148 29814 23515 23122 19672 72087 11332 35118 10424 9834 53674 72285 42268 33550 33583 II 33691 30313 29169 30180 23328 23223 19885 72659 11474 34741 12760 11774 53450 71132 42623 33715 33671 III 33904 30459 29221 30420 23867 23610 20422 76085 11655 34457 12454 11622 53525 71182 42713 33889 33872 IV 33745 30702 29326 30797 22582 23013 20300 75553 11593 31937 12886 11494 52739 69277 42625 33896 33714
1970 I 33692 30891 29374 31124 21875 22931 20182 74959 11539 32001 12997 11456 52455 67908 43021 33988 33667 II 33753 31032 29457 31319 21943 22421 20072 74192 11508 29868 13569 11683 51777 65781 43251 33923 33736 III 34054 31304 29638 31673 22318 22820 20174 74462 11575 31460 13525 11656 52001 64808 44228 34227 34031 IV 33693 31219 29318 31833 21026 22842 19423 73588 10972 34776 13649 11837 52002 64455 44451 34163 33653
1971 I 34622 31816 30259 32051 23756 23353 19600 73404 11148 36632 13701 11697 51160 61946 44653 34586 34614 II 34818 32107 30508 32373 24492 24319 19890 73214 11430 40329 13674 12580 50996 61053 44952 34825 34822 III 35096 32364 30704 32680 24814 24779 19970 72951 11527 42316 14236 12858 50964 60796 45063 35131 35073 IV 35194 32902 31244 33193 24038 25456 20397 72760 11941 43956 13042 11986 50584 58915 45642 35555 35183
1972 I 35823 33341 31536 33761 25738 26601 21083 74662 12395 46888 14423 13738 50768 59155 45792 36049 35818 II 36672 33978 32370 34174 27313 27070 21432 75081 12680 47807 14004 13250 51083 60101 45695 36647 36658 III 37024 34502 32933 34638 27702 27368 21767 75247 12979 47918 14849 13526 50030 56860 46068 36978 37028 IV 37634 35311 33899 35257 27846 28641 22905 76445 13934 49630 15479 14135 50344 56673 46717 37838 37632
1973 I 38596 35957 34709 35712 29614 29851 23975 78942 14697 51300 16613 14788 50839 57611 46928 38667 38630 II 39043 35939 34374 36011 30998 30110 24954 81408 15378 48690 17414 14362 50536 56718 47009 38857 39094 III 38835 36068 34385 36252 29786 30022 25373 83248 15587 46624 17472 13965 49887 54311 47503 38905 38944 IV 39205 35963 34044 36389 30926 29720 25572 82482 15861 44396 18331 14069 50254 54354 48085 38950 39314
1974 I 38861 35648 33489 36334 28952 29018 25544 82018 15882 41140 18565 13592 51305 56066 48713 38902 39043 II 38961 35772 33384 36689 28809 28601 25487 81680 15862 39346 19468 14312 51651 55977 49339 38945 39116 III 38575 35919 33492 36869 27184 28097 25190 78135 15968 38050 18418 14062 51728 56258 49286 38825 38693 IV 38424 35393 32132 37241 27442 26504 24486 77186 15383 33043 18899 13922 51908 56671 49317 38261 38486
1975 I 37956 35690 32365 37588 22622 24881 22984 73213 14356 31002 19032 12526 52544 56034 50778 38560 37966 II 38246 36285 33056 38054 21836 24531 22383 70455 14074 31668 18479 11523 52140 55584 50401 38956 38256 III 38891 36802 33872 38238 23686 25144 22589 70853 14231 33873 18167 12481 53057 56970 51025 39306 38920 IV 39399 37192 34103 38776 24337 25613 22799 70901 14429 35356 19195 13147 53507 57115 51675 39770 39486
1976 I 40294 37935 35101 39229 26857 26674 23211 72812 14622 38970 19061 13971 53640 56588 52238 40320 40363 II 40597 38283 35524 39488 28002 27130 23494 72592 14919 40091 19254 14576 53052 56466 51342 40456 40679 III 40796 38688 35837 39969 28054 27414 24008 73329 15338 39437 19813 15171 52773 56306 50983 40706 40880 IV 41092 39192 36272 40522 28249 28825 24487 73558 15778 44464 20014 15673 52732 56450 50821 41275 41184
1977 I 41569 39640 36666 41005 29639 29867 25438 73307 16730 45805 19693 16415 53210 56919 51310 41662 41714 II 42395 39859 36936 41164 31930 31534 26172 76049 17144 51045 20224 16566 53763 57857 51614 42332 42525 III 43154 40239 37233 41610 33670 31942 26720 77201 17553 50884 20380 16335 53861 58191 51560 42777 43273 IV 43145 40846 38027 42010 32719 32518 27615 77757 18369 50211 19726 16567 53688 57621 51645 43126 43214
1978 I 43292 41085 37814 42681 33368 32791 27888 77607 18655 50464 20191 17679 53775 57823 51657 43181 43422 II 44995 41963 38899 43324 35659 35171 30240 85196 20112 52888 22295 17735 55227 59202 53172 44895 45036 III 45436 42139 38931 43634 36760 36182 31320 90815 20535 53623 22540 17966 55667 59411 53768 45306 45509 IV 46037 42478 39370 43862 37596 36953 32353 94614 21119 53434 23434 18213 56172 59932 54268 45888 46168
196 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1979 I 46114 42693 39340 44308 37590 37234 33057 94087 21884 52185 23454 18163 55667 60013 53375 46033 46256 II 46158 42668 39008 44584 37503 36945 32958 95449 21621 51211 23516 18261 56255 60755 53869 46031 46358 III 46489 43087 39657 44762 36773 37616 33985 99899 22115 50602 24363 17982 56337 60661 54066 46699 46794 IV 46617 43202 39489 45148 36089 37265 34070 102958 21825 48691 25896 18375 56704 60647 54683 46912 46916
1980 I 46767 43127 39289 45199 35827 36739 34444 104548 22009 44965 26619 18389 57616 62588 54936 47003 47077 II 45809 42148 37670 44894 32595 33543 32696 102253 20527 36646 27120 17054 57795 64162 54218 46081 46076 III 45724 42600 38057 45391 30110 33874 32942 102762 20716 37273 27063 15828 56998 63297 53456 46682 45956 IV 46569 43168 38490 46070 33172 35220 33635 105785 21049 40915 26899 16677 56940 63511 53223 47099 46687
1981 I 47537 43404 39043 45985 36468 35478 34177 105721 21613 40183 27407 17389 57696 64826 53623 47331 47679 II 47158 43404 38731 46289 34732 35712 34866 109705 21813 38821 27555 17416 57825 66761 52596 47425 47273 III 47731 43580 39122 46250 36888 35716 35715 112472 22329 35826 26969 17217 57694 66689 52427 47480 47871 IV 47136 43250 38423 46287 35457 35586 36574 120746 22130 32157 27094 17711 58225 67403 52844 47200 47343
1982 I 46363 43530 38808 46457 31763 34507 35709 116906 21735 30303 25919 17206 58167 67508 52680 47067 46545 II 46614 43686 38799 46762 31735 33301 34432 113096 20906 29347 26075 16925 58506 68120 52846 47047 46860 III 46434 44021 39005 47202 31365 32373 33269 106861 20524 29254 24920 17710 58906 69141 52850 46739 46590 IV 46471 44824 39792 47992 28572 32321 32600 104435 20150 31396 23779 17015 59923 71185 53217 47431 46608
1983 I 47049 45263 40000 48622 29589 33027 31990 100175 20082 36747 24163 17405 60373 72042 53408 47932 47176 II 48106 46162 41179 49243 32445 34302 32381 95420 21114 41100 24236 18743 60889 73574 53279 48611 48257 III 49055 46978 42093 49949 34626 36352 33845 97652 22342 45171 24601 20203 61946 75639 53700 49512 49208 IV 50069 47723 43084 50458 38272 38482 36037 100370 24262 47080 25097 21194 60899 72990 53667 50163 50234
1984 I 51040 48132 43667 50707 42278 39689 37212 106076 24734 48388 25622 22897 61512 73614 54281 50498 51157 II 51921 48820 44641 51134 43704 41321 39062 111401 25957 49283 26259 23857 62838 75924 54984 51424 52034 III 52426 49197 44669 51801 44720 42202 40349 114917 26832 48810 26839 24474 63302 75634 55942 51898 52530 IV 52853 49845 45367 52391 43986 42960 41322 116107 27691 48861 27384 25191 64659 78144 56569 52655 52898
1985 I 53351 50690 46067 53338 42536 43292 41802 121028 27531 48709 27403 24635 65400 78977 57256 53547 53301 II 53803 51152 46488 53822 43270 43836 42397 120962 28166 49098 27304 25846 66867 80904 58439 53955 53773 III 54644 52124 47727 54546 42792 43483 41749 118457 27824 49722 26904 25596 68603 83617 59565 54831 54541 IV 55058 52238 47442 54985 44465 44304 42465 119932 28376 50904 27714 26599 69013 83585 60258 55056 54988
1986 I 55587 52674 48163 55175 44373 44368 41882 116932 28169 53080 28590 26575 69759 83141 61759 55622 55470 II 55811 53235 49019 55487 43389 44262 40834 105913 28574 56026 28901 27707 71242 85792 62514 56042 55605 III 56349 54166 50538 55935 42028 44013 40236 102136 28461 56889 29562 28475 72854 89039 63114 56831 56166 IV 56621 54492 50506 56538 42094 44306 40650 102760 28813 56787 30663 28694 72436 87657 63290 57153 56356
1987 I 56935 54409 49473 57205 43380 43428 39532 100357 27965 56637 30686 28522 72732 88179 63449 57000 56689 II 57540 55138 50421 57748 43440 44205 40479 101537 28804 56886 31904 29234 73192 89403 63446 57760 57338 III 58040 55753 51179 58240 43484 45146 41783 105766 29599 56714 33279 29802 73194 89498 63393 58450 57827 IV 59033 55887 50721 58835 46875 45140 41686 107774 29213 56992 34509 30487 74080 90829 64012 58713 58834
1988 I 59338 56820 51918 59545 44234 45081 42007 103705 30124 55759 36421 30345 73721 88361 64922 59581 59200 II 60100 57233 52188 60060 45310 45963 43039 105858 30919 56201 37429 29996 73914 87461 65773 60299 59929 III 60410 57684 52178 60858 45601 46140 43265 104428 31364 56236 38123 30704 73871 86806 66099 60586 60209 IV 61217 58364 53005 61412 46205 46603 43721 104166 31890 56730 39287 31640 75372 89413 66939 61364 61035
1989 I 61792 58578 53079 61728 47975 47067 44460 105845 32442 56358 40442 31786 74909 87583 67290 61660 61600 II 62254 58840 53378 61958 47415 47131 45092 104650 33297 54689 42202 31937 76069 89554 67965 62259 62048 III 62748 59450 54147 62437 46858 47951 46384 108318 34153 54093 42664 31893 76786 90416 68595 63043 62560 IV 62885 59741 53967 63081 46377 47162 45700 107653 33513 52957 43335 32471 77194 89962 69512 63122 62761
1990 I 63542 60214 54691 63356 46833 47748 46307 110021 33819 53496 45229 33500 78385 91312 70609 63807 63391 II 63794 60412 54105 64146 46846 46644 45507 109482 33032 51438 45843 33444 78501 91421 70730 63834 63652 III 63793 60642 53978 64639 45744 46140 45797 109081 33405 48516 46178 33310 78478 90605 71172 63960 63597 IV 63234 60170 53127 64461 42851 44826 44922 104163 33190 45828 46565 32416 79257 91401 71939 63733 63287
1991 I 62928 59998 52671 64505 41106 43291 43763 101920 32266 43102 46899 32047 79579 92110 72031 63478 62851 II 63353 60456 52966 65076 40900 43226 43343 99143 32224 44120 48587 32617 79857 92371 72317 63935 63155 III 63620 60687 53285 65237 41918 43370 42933 92709 32744 45949 49700 33535 79478 90650 72733 64023 63385 IV 63869 60659 52695 65624 43523 43452 42707 90827 32781 46957 50833 34275 79144 88871 73258 63965 63713
1992 I 64570 61703 53888 66542 42555 43902 42515 89684 32744 49352 51739 34525 79745 88899 74201 64953 64404 II 65256 62068 54163 66969 45358 45628 44201 89690 34575 51240 51741 35092 79651 88810 74106 65418 65080 III 65930 62755 54755 67714 45827 46321 45094 90466 35430 51358 52865 35646 80060 89824 74153 66137 65715 IV 66623 63520 55480 68499 47277 47764 46451 91574 36743 53102 53135 36499 80083 89870 74165 66825 66413
1993 I 66746 63778 55695 68783 48388 48042 46746 89242 37427 53344 53255 37289 79239 87106 74467 66781 66610 II 67173 64390 56587 69188 48768 49117 47990 89101 38816 53972 53907 38060 79180 85876 75107 67341 66965 III 67526 65089 57172 69960 48734 49988 48525 89531 39338 55835 53731 38561 79101 84970 75523 67869 67374 IV 68418 65668 57900 70427 51306 52208 50562 91200 41324 58647 55450 40110 79491 85415 75880 68682 68105
197 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1994 I 69084 66399 58881 70976 53519 52902 51065 87474 42484 59891 55981 41045 78480 82358 76093 69050 68835 II 70029 66892 59404 71441 56639 54174 52097 92472 42818 61875 57827 42574 78810 81893 76899 69631 69732 III 70480 67427 59956 71961 55621 54712 53073 92365 43922 61199 60036 43772 80192 84140 77761 70386 70156 IV 71263 68093 61103 72286 58214 56210 55424 93307 46393 60397 61365 45003 79500 81830 78034 70951 70928
1995 I 71438 68172 60799 72630 58805 57493 57689 95652 48538 59055 62493 45990 79816 81630 78659 71254 71195 II 71591 68731 61209 73287 57224 57275 58089 97565 48660 57157 63354 46427 80083 81307 79279 71675 71373 III 72193 69346 61950 73809 56673 58031 58479 98275 48977 58924 66110 46587 79907 80754 79329 72529 71833 IV 72696 69833 62535 74226 58269 59241 59655 97447 50456 60261 67064 47182 79013 77722 79720 72952 72441
1996 I 73194 70472 63036 74953 59036 60738 61136 99185 51830 61845 67909 48716 79519 79341 79556 73582 72995 II 74460 71269 64265 75451 62094 62713 62893 101358 53442 64457 69047 49806 80661 80472 80706 74636 74167 III 75107 71696 64722 75854 65225 64164 64986 102607 55606 64280 69606 51421 80583 79053 81434 74962 74778 IV 75927 72280 65507 76301 65048 65236 66744 107828 56653 63615 73969 52436 81266 78825 82662 76014 75640
1997 I 76511 73008 66391 76921 66567 66510 68447 108777 58432 63831 75378 54675 81411 77764 83534 76548 76139 II 77646 73304 66340 77443 70817 67943 70146 107813 60580 64638 78363 56511 82116 79142 83832 77157 77338 III 78620 74550 68075 78364 72076 70560 73722 111880 63946 64935 80184 58593 82208 78884 84135 78375 78232 IV 79223 75403 69005 79162 73227 71166 74315 112649 64486 65601 80038 59858 82344 78776 84419 78879 78772
1998 I 79972 76153 69541 80042 76723 73308 76885 111433 67764 66771 80415 62103 81849 76319 85101 79375 79596 II 80691 77463 71369 81018 75805 75863 79699 117435 69840 68778 79488 63526 83628 78419 86686 80716 80286 III 81756 78491 72458 82003 77977 77307 80900 117481 71257 70842 79119 64382 84402 77767 88313 81647 81222 IV 83171 79694 74671 82574 80485 79670 83570 117294 74486 72538 82103 66465 85157 78529 89063 83032 82643
1999 I 83912 80480 75597 83271 83019 81148 85509 116811 76910 72969 81472 68158 85593 78010 90065 83578 83482 II 84568 81747 77386 84213 82729 83047 87906 115395 80111 73755 82409 70330 85950 78009 90636 84619 84178 III 85643 82729 78318 85224 84805 84979 90432 115306 83187 74367 84570 72881 87061 79646 91435 85664 85217 IV 87181 83896 79680 86269 87814 85457 90714 116684 83219 75278 86689 74629 88438 81416 92579 86758 86836
2000 I 87409 85169 80896 87574 86586 87955 94085 118937 86812 75867 88184 77656 87714 78194 93332 87633 87021 II 89114 85969 81340 88591 92581 90167 97556 123869 89896 75349 90688 80023 88884 81324 93347 88669 88743 III 89189 86811 82208 89413 91135 90487 98638 128533 90113 74027 92900 82818 88604 79747 93827 89054 88779 IV 89717 87579 82942 90197 91181 90764 99027 129064 90460 74091 92168 82757 88874 79379 94470 89625 89518
2001 I 89422 87928 83159 90621 86364 90227 98096 125506 90180 74430 90960 81550 90188 81069 95564 90079 89102 II 90009 88260 83398 91006 86084 88816 95517 125954 86853 75477 87991 79121 92061 82805 97518 90477 89755 III 89760 88648 84025 91251 84259 87875 93924 126665 84670 75885 83462 77205 91893 83361 96931 90385 89310 IV 90074 90036 87088 91657 79386 85649 90921 114639 84048 75240 81109 76285 93525 84368 98931 91169 90163
2002 I 90844 90347 86914 92251 82028 84863 88755 108414 82967 77249 82405 78196 94958 86376 100030 91352 90591 II 91327 90806 87328 92738 83018 84535 87330 102546 82740 79143 84641 80837 95870 88372 100302 91611 90915 III 91790 91422 88451 93063 83230 84429 86944 97994 83495 79604 85231 82170 96646 89772 100711 92022 91499 IV 91821 91746 88701 93428 83242 83820 85419 96553 81954 80820 84363 83647 97293 91289 100848 91950 91679
2003 I 92204 92210 89300 93811 83343 83937 85193 95591 81943 81601 83584 82638 97091 91315 100511 92337 91940 II 92986 93123 90947 94312 83865 86121 87543 98449 84144 83454 83313 83817 98534 95718 100201 93396 92830 III 94516 94377 93368 94921 86932 88919 89572 98237 86818 87708 85575 84803 98824 95812 100608 94875 94345 IV 95371 94890 93945 95399 90222 90584 90851 97780 88603 90085 89585 87966 98895 96511 100310 95451 95408
2004 I 95999 95730 94926 96164 90693 90405 90128 97210 87837 90898 91717 90207 99366 97749 100325 95972 96178 II 96617 96155 95138 96707 94634 93193 92565 98337 90666 94318 93154 93828 99730 98304 100575 96384 96580 III 97336 96996 96303 97372 95849 95158 95089 99325 93663 95274 93845 95199 100094 100010 100140 97226 97379 IV 98133 98044 97584 98293 97820 96765 97178 99414 96385 96030 95993 97613 99482 98778 99895 97957 97960
2005 I 99145 98825 98656 98917 99893 97949 98055 101195 96951 97776 97786 98181 99577 99190 99806 98816 99240 II 99586 99803 100017 99689 98113 99692 99498 100812 99015 100050 99885 99265 99685 99286 99922 99858 99588 III 100377 100561 100786 100439 99207 100977 100921 98696 101699 101075 99909 99876 100590 101608 99995 100680 100446 IV 100892 100811 100541 100955 102787 101381 101526 99297 102334 101099 102420 102677 100147 99915 100277 100646 100726
2006 I 102166 101843 102277 101612 104330 103749 105886 103696 106721 100024 106411 104622 101147 102763 100205 102059 102001 II 102581 102457 102633 102362 104183 103277 107797 109068 107314 95488 108200 105792 101232 101887 100851 102420 102370 III 102594 103071 103502 102841 102714 101952 108938 111771 107855 89974 108360 107058 101386 101792 101149 102464 102276 IV 103292 104030 104875 103582 99741 100520 109488 112185 108471 85182 112904 106924 101670 102066 101437 103438 103044
2007 I 103432 104608 105555 104107 98750 100223 111223 115080 109728 81458 114672 108480 101552 100828 101960 103700 103164 II 104362 105010 106055 104457 100953 101096 114118 122401 110781 78890 116571 109019 102401 102582 102288 104399 104153 III 105125 105472 106845 104750 100184 100749 116631 129246 111475 73635 120910 109282 103292 104950 102334 105240 105391 IV 105569 105783 107121 105081 97759 99491 118185 131584 112690 67531 124281 107828 103606 105236 102661 105894 106218
2008 I 105101 105515 105599 105465 94633 97363 117944 131860 112220 62104 125966 108203 104391 107703 102501 105606 105595 II 105447 105478 105719 105344 93176 96078 117269 134869 109945 59721 129793 107511 104838 108996 102473 105988 105947 III 104468 104458 103615 104884 89061 92989 114238 133594 106148 56484 128631 105698 105941 112058 102490 105190 105089 IV 102064 103096 100171 104576 80314 86480 107050 130057 97330 51072 121112 101518 106356 114518 101776 103181 102137
2009 I 100697 102681 100211 103924 69786 79032 98291 118743 89688 45843 111295 91526 106825 113639 102992 102365 100781 II 100618 102224 99684 103494 64480 75092 93667 108062 87704 43058 111460 87652 109307 117333 104794 102521 100681 III 100980 102757 101506 103385 64208 74501 91786 99980 88474 44799 115116 91196 110312 119129 105359 102826 101378 IV 101981 102747 101389 103429 70022 73352 90285 91848 89777 44257 121467 95312 110602 120352 105128 102682 102472
2010 I 102572 103377 102691 103729 73259 73180 90749 86033 92913 42934 123231 97689 109727 120535 103665 102718 103159 II 103142 104042 103531 104310 75792 75696 93411 88731 95582 45223 126079 102286 110498 123355 103292 103280 103902 III 103807 104685 104499 104795 78722 75515 95162 88245 98309 41570 129030 105672 110416 124468 102544 103440 104567 IV 104423 105736 106495 105380 77535 76913 97269 90222 100486 41720 132151 105680 109179 123172 101342 104475 105142
2011 I 104443 106559 107915 105903 76492 76660 96954 83055 103161 41577 134004 106787 107210 119864 100117 104624 105300 II 105084 106812 107655 106412 78778 78942 100297 89561 105120 41994 135352 106816 106985 120681 99317 105258 106022 III 105418 107251 108021 106886 79906 81835 104746 93866 109637 42139 137379 108037 106189 119351 98818 105871 106404 IV 106481 107790 109462 106970 85959 83807 107156 96449 111972 43361 137871 109345 105604 118024 98643 106271 107490
2012 I 106999 108443 110722 107318 87241 85785 109108 99421 113460 45433 139356 110179 104804 116751 98103 106897 107655 II 107408 108843 110922 107817 89029 87074 110536 99638 115439 46502 141176 111785 104425 116647 97574 107222
198 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1929 10593 10517 16312 7786 11298 15049 4650 24602 5275 15659 11318 6389 6924 4809 10362 10580 10614 10601 1930 10184 10073 15445 7563 10836 14344 4402 23616 5161 14177 9651 6192 6617 4675 9935 10172 10226 10213 ndash39 ndash41 ndash39 1931 9172 8995 13318 7031 10022 13354 4027 22385 4672 11155 7799 5880 6566 4395 8960 9162 9169 9159 ndash99 ndash98 ndash99 1932 8129 7934 11477 6352 8854 12089 3495 21113 3808 9675 6252 5352 6253 3956 7918 8120 8097 8088 ndash114 ndash116 ndash114 1933 7916 7652 11384 5953 8709 11882 3531 20284 3756 9674 5992 5511 6321 4096 7700 7908 7880 7872 ndash26 ndash28 ndash26 1934 8303 7999 12506 5876 9145 12297 3543 21428 4169 11218 6807 5929 6755 4420 8068 8296 8313 8306 49 48 49 1935 8468 8194 12834 6006 9188 12424 3708 21239 4109 11503 6920 5979 6834 4451 8226 8461 8482 8475 20 20 20 1936 8561 8268 12883 6103 9279 12404 3702 21206 4310 11891 7404 6159 7463 4432 8328 8553 8573 8565 11 12 11 1937 8876 8570 13347 6330 10084 13443 4206 22419 4728 12681 8263 6290 7584 4541 8651 8866 8944 8934 37 39 37 1938 8708 8376 12808 6336 10221 13548 4126 22959 4877 12095 7636 6303 7713 4505 8478 8697 8684 8673 ndash19 ndash20 ndash19 1939 8599 8295 12616 6319 10166 13404 4081 22717 4910 11932 8014 6201 7568 4441 8389 8586 8599 8586 ndash13 ndash10 ndash13 1940 8674 8365 12728 6369 10423 13712 4147 23325 5057 12942 8549 6129 7270 4480 8450 8661 8700 8687 09 07 09 1941 9239 8883 13770 6594 11193 14614 4438 24809 5524 14130 9029 6507 7651 4781 8988 9226 9285 9271 65 64 65 1942 10000 9989 16045 7059 12272 16154 4951 27285 5935 17073 10342 6539 7506 5284 9709 9984 10014 9998 82 80 82 1943 10562 10907 17888 7500 12808 16675 5381 27428 6424 18676 11132 6645 7577 5675 10253 10544 10556 10537 56 56 56 1944 10815 11534 19078 7845 13239 17011 5500 27955 7048 21035 11693 6559 7444 5895 10486 10795 10807 10787 24 23 24 1945 11091 11995 19950 8101 13658 17446 5744 28427 7524 20862 12021 6633 7512 6090 10764 11072 11093 11074 26 27 26 1946 12369 12831 21473 8593 15061 19298 6433 31118 8169 20164 13403 8213 9584 6654 12081 12353 12410 12394 115 122 116 1947 13743 14132 24057 9220 17688 22449 7798 35253 9784 23413 16058 8875 10168 7466 13414 13727 13755 13739 111 110 111 1948 14522 14932 25478 9706 19198 24383 8675 37794 10606 24661 17451 9218 10074 8346 14192 14506 14526 14510 57 58 57 1949 14515 14818 24887 9872 19572 24948 8645 39253 10747 23190 16633 9482 10503 8418 14210 14497 14499 14481 00 01 ndash01 1950 14628 14996 24968 10125 20006 25459 8753 40238 11012 22583 17667 9488 10442 8494 14373 14610 14656 14638 08 11 08 1951 15635 16016 26981 10624 21733 27902 9761 43656 11801 25515 21353 10118 10898 9365 15402 15614 15712 15690 69 72 69 1952 15976 16345 27241 11012 22264 28534 10021 44539 12125 25670 20580 10321 11005 9768 15709 15954 15982 15960 22 20 22 1953 16178 16563 27117 11440 22449 28790 10217 44647 12212 25598 19696 10429 11080 9958 15881 16157 16174 16153 13 11 13 1954 16342 16704 27016 11728 22619 29066 10093 45718 12261 25250 19965 10650 11337 10123 16059 16321 16322 16301 10 11 10 1955 16576 16772 26857 11930 22989 29462 10295 46151 12516 25466 19858 11093 11947 10320 16280 16557 16601 16582 14 14 14 1956 17148 17108 27314 12217 24341 31782 11176 49581 12835 26318 20208 11716 12562 10981 16831 17128 17170 17150 35 34 34 1957 17749 17628 28168 12574 25187 33406 11655 52392 12868 27316 20438 12234 13125 11456 17400 17727 17741 17720 35 34 35 1958 18157 18043 28809 12882 25249 33570 11468 53415 12836 27039 19589 12602 13663 11608 17779 18136 18139 18118 23 22 23 1959 18363 18314 28957 13229 25488 34011 11530 54395 12875 27094 19766 12653 13564 11851 17987 18344 18355 18336 11 12 11 1960 18620 18615 29184 13580 25624 34165 11516 54845 12962 27474 19955 12809 13677 12066 18235 18601 18612 18592 14 14 14 1961 18830 18810 29294 13826 25543 33970 11446 54544 12983 27892 19955 13065 13908 12357 18428 18811 18821 18802 11 11 11 1962 19087 19032 29444 14089 25559 33975 11537 54274 13003 27961 19720 13398 14202 12743 18670 19069 19078 19060 14 13 14 1963 19290 19254 29689 14305 25485 33971 11636 53975 12901 27898 20102 13690 14506 13028 18887 19273 19281 19264 11 12 11 1964 19589 19536 30013 14572 25640 34142 11801 53952 13003 28128 20526 14070 14995 13293 19191 19572 19580 19563 16 16 16 1965 19945 19819 30328 14845 26077 34532 12143 54001 13372 29023 20812 14444 15379 13662 19524 19929 19936 19920 18 17 18 1966 20511 20322 30996 15276 26626 35047 12580 54144 13857 29900 21297 15044 15914 14334 20071 20495 20502 20486 28 28 28 1967 21142 20834 31542 15785 27372 35939 12973 55344 14339 31045 21379 15671 16386 15137 20654 21126 21133 21116 31 29 31 1968 22040 21645 32642 16467 28472 37203 13621 56831 15100 31723 21704 16520 17287 15945 21526 22024 22031 22015 42 42 43 1969 23130 22626 33907 17324 29877 38740 14518 58411 16144 32796 22270 17517 18226 17013 22582 23112 23119 23101 49 49 49 1970 24349 23685 35200 18285 31162 40571 15473 60560 16666 34053 23587 18945 19699 18411 23798 24331 24338 24320 53 54 53 1971 25567 24692 36258 19284 32731 42479 16664 62360 17632 35310 25035 20421 21383 19720 25021 25549 25554 25537 50 51 50 1972 26670 25536 37186 20102 34135 43914 17863 63112 18703 36956 26789 21989 23471 20896 26134 26652 26657 26639 43 44 43 1973 28148 26913 39404 21077 36020 45605 19247 64184 20359 41816 31446 23594 25080 22495 27647 28134 28136 28121 55 58 56 1974 30695 29716 44322 22866 39568 50008 21910 68917 22460 51517 44989 25977 27315 24970 30484 30674 30690 30669 90 103 90 1975 33606 32198 47903 24834 44525 56893 24534 79100 24547 56781 48734 28586 30158 27410 33328 33584 33591 33570 95 93 95 1976 35535 33966 49777 26556 47106 60048 25741 83754 26124 58645 50201 30469 32302 29114 35238 35518 35519 35502 57 57 58 1977 37796 36171 52435 28558 50803 64157 27973 88730 28759 61033 54624 32583 34742 31005 37617 37780 37783 37767 64 68 64 1978 40447 38705 55653 30777 55094 68453 30675 93412 32281 64752 58482 34670 36888 33042 40286 40432 40435 40419 70 71 70 1979 43811 42137 60916 33350 60088 74013 34238 99335 35902 72545 68483 37575 39727 35976 43833 43795 43798 43782 83 88 83 1980 47817 46663 67737 36802 65710 80541 37421 107819 39789 79903 85301 41669 43900 40002 48448 47794 47791 47769 91 105 91 1981 52326 50833 72769 40555 71816 88316 42567 115524 43036 85810 89886 45768 48165 43975 52909 52306 52270 52251 94 92 94 1982 55514 53640 74753 43709 75747 93181 45927 120030 45340 86204 86855 48775 51434 46786 55906 55493 55459 55438 61 57 61 1983 57705 55948 76102 46429 75628 92350 44757 120284 46380 86544 83601 50717 53218 48857 57865 57687 57652 57635 39 35 40 1984 59874 58065 77541 48846 76070 92127 45147 119234 47713 87347 82879 53319 56358 51034 59904 59856 59817 59800 38 35 38 1985 61686 59965 78785 51049 77028 92850 46219 119090 48944 84674 80157 54974 57635 53002 61605 61672 61628 61614 30 28 30 1986 63057 61427 78417 53375 78870 94427 47106 120976 50994 83406 80154 55977 57938 54577 63000 63039 62991 62973 22 23 22 1987 64818 63618 80939 55409 80332 95275 47863 121637 53079 85516 85008 57541 58642 56849 64978 64803 64819 64804 28 31 28 1988 67047 66151 83072 58123 82415 97392 49895 123155 54913 89945 89074 59074 59884 58621 67215 67032 67046 67031 34 34 34 1989 69579 69025 86268 60840 84410 99435 51848 124695 56680 91443 91021 60924 61504 60654 69765 69572 69577 69570 38 38 38 1990 72274 72180 89801 63808 86125 101339 53522 126310 58011 92063 93630 63405 63548 63474 72601 72272 72262 72260 39 41 39 1991 74826 74789 91996 66581 87404 102906 54491 128112 58771 93283 92848 65606 66070 65443 74980 74821 74824 74819 35 33 35 1992 76602 76989 93106 69236 87152 102048 54502 126605 59486 92904 92922 67276 68101 66856 76788 76590 76598 76586 24 24 24 1993 78288 78679 93915 71294 88163 102100 56103 125322 61890 92879 92210 68949 69830 68494 78404 78289 78290 78291 22 21 22 1994 79935 80302 94870 73200 89352 102592 58089 124604 64069 93914 93075 70819 71725 70351 80029 79937 79940 79942 21 21 21
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
190 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1958 I 25190 16139 2348 757 985 8184 ndash1253 25565 25659 26044 25366 ndash104 ndash99 ndash84 ndash79 ndash103 II 25345 16271 2293 761 1027 8389 ndash1342 25698 25858 26221 25524 25 21 31 28 25 III 25939 16538 2482 763 1012 8442 ndash1274 26072 26444 26582 26112 97 60 94 56 96 IV 26543 16756 2706 761 1065 8622 ndash1237 26576 27123 27159 26715 97 79 107 90 96
1959 I 27080 17067 2859 811 1092 8566 ndash1131 27124 27625 27672 27251 83 85 76 78 83 II 27764 17329 3097 838 1145 8697 ndash1052 27591 28340 28167 27936 105 71 108 73 104 III 27731 17510 2882 865 1156 8806 ndash1176 27927 28279 28481 27915 ndash05 50 ndash09 45 ndash03 IV 27828 17529 2983 841 1126 8710 ndash1109 27822 28380 28377 28022 14 ndash15 15 ndash14 16
1960 I 28453 17697 3305 947 1169 8539 ndash866 28126 28906 28574 28640 93 44 76 28 91 II 28320 17921 2971 1007 1178 8608 ndash1009 28394 28689 28766 28511 ndash19 39 ndash30 27 ndash18 III 28366 17850 2953 982 1143 8815 ndash1091 28354 28736 28726 28565 07 ndash06 07 ndash06 08 IV 28002 17874 2588 1002 1089 8877 ndash1250 28493 28276 28778 28212 ndash50 20 ndash63 07 ndash49
1961 I 28169 17869 2654 995 1084 8993 ndash1258 28516 28450 28805 28390 24 03 25 04 25 II 28696 18134 2852 981 1097 9014 ndash1188 28822 29024 29153 28906 77 44 83 49 75 III 29159 18222 3091 976 1170 9191 ndash1151 29044 29584 29468 29375 66 31 80 44 66 IV 29753 18587 3143 1006 1197 9393 ndash1179 29704 30175 30127 29973 84 94 82 93 84
1962 I 30287 18785 3331 1004 1234 9559 ndash1158 30067 30764 30541 30505 74 50 80 56 73 II 30621 19016 3298 1100 1261 9611 ndash1143 30579 30989 30947 30860 45 70 30 54 47 III 30904 19170 3357 1038 1277 9830 ndash1214 30816 31387 31299 31146 37 31 53 46 37 IV 30979 19442 3245 1016 1292 9844 ndash1276 31029 31514 31567 31254 10 28 16 35 14
1963 I 31384 19573 3425 1040 1263 9784 ndash1175 31235 31861 31711 31647 53 27 45 18 51 II 31777 19760 3475 1161 1292 9772 ndash1099 31765 32113 32102 32032 51 70 32 50 49 III 32376 20029 3588 1099 1325 10191 ndash1206 32329 32851 32805 32635 77 73 95 91 77 IV 32622 20196 3632 1155 1321 10098 ndash1138 32665 33016 33062 32889 31 42 20 32 32
1964 I 33354 20595 3781 1225 1319 10135 ndash1063 33379 33659 33685 33644 93 90 80 78 95 II 33737 20958 3764 1246 1349 10201 ndash1083 33776 34052 34092 34016 47 48 47 49 45 III 34195 21343 3853 1236 1385 10207 ndash1059 34194 34572 34572 34483 55 51 63 58 56 IV 34290 21402 3885 1273 1423 10178 ndash1025 34283 34655 34649 34559 11 10 10 09 09
1965 I 35133 21878 4276 1136 1372 10153 ndash938 34826 35665 35354 35436 102 65 122 84 106 II 35609 22120 4276 1349 1533 10284 ndash887 35455 36006 35850 35922 55 74 39 57 56 III 36332 22500 4428 1272 1540 10640 ndash968 36121 36866 36654 36624 84 77 99 93 81 IV 37208 23132 4449 1364 1615 10869 ndash991 37102 37706 37598 37476 100 113 94 107 96
1966 I 38122 23474 4825 1340 1657 11064 ndash924 37721 38718 38311 38399 102 68 112 78 102 II 38249 23535 4737 1398 1698 11260 ndash983 37892 38805 38442 38526 13 18 09 14 13 III 38500 23804 4690 1346 1793 11565 ndash1112 38207 39241 38945 38772 27 34 46 53 26 IV 38812 23903 4712 1390 1813 11753 ndash1133 38315 39514 39010 39095 33 11 28 07 34
1967 I 39154 24042 4583 1417 1842 12252 ndash1298 38703 39854 39396 39434 36 41 35 40 35 II 39162 24370 4388 1404 1827 12185 ndash1358 39116 39866 39823 39435 01 43 01 44 00 III 39475 24495 4514 1370 1851 12312 ndash1365 39316 40262 40103 39774 32 21 40 29 35 IV 39776 24646 4611 1409 1948 12396 ndash1338 39664 40612 40502 40067 31 36 35 40 30
1968 I 40595 25234 4712 1450 2063 12613 ndash1351 40494 41507 41409 40894 85 86 91 93 85 II 41285 25621 4902 1479 2095 12671 ndash1293 40901 42202 41815 41589 70 41 69 40 70 III 41567 26103 4743 1566 2221 12697 ndash1321 41487 42490 42413 41881 28 59 28 58 28 IV 41747 26223 4792 1546 2202 12708 ndash1320 41751 42685 42694 42059 17 26 18 27 17
1969 I 42405 26517 5108 1360 1994 12720 ndash1306 42182 43422 43200 42717 65 42 71 48 64 II 42528 26686 5067 1665 2388 12667 ndash1169 42390 43495 43358 42830 12 20 07 15 11 III 42797 26815 5185 1625 2357 12685 ndash1156 42609 43798 43611 43086 26 21 28 24 24 IV 42596 27029 4905 1682 2331 12498 ndash1187 42617 43485 43512 42885 ndash19 01 ndash28 ndash09 ndash19
1970 I 42529 27195 4752 1696 2323 12431 ndash1222 42733 43388 43602 42825 ndash06 11 ndash09 08 ndash06 II 42607 27319 4767 1771 2369 12271 ndash1152 42651 43405 43455 42912 07 ndash08 02 ndash13 08 III 42986 27559 4848 1765 2364 12324 ndash1146 43033 43796 43849 43287 36 36 37 37 35 IV 42530 27484 4567 1781 2400 12324 ndash1226 42953 43344 43781 42807 ndash42 ndash07 ndash41 ndash06 ndash44
1971 I 43703 28009 5160 1788 2372 12124 ndash1006 43485 44505 44287 44029 115 50 112 47 119 II 43951 28266 5320 1785 2551 12085 ndash954 43785 44943 44780 44294 23 28 40 45 24 III 44302 28491 5390 1858 2607 12078 ndash908 44171 45255 45127 44614 32 36 28 31 29 IV 44425 28965 5222 1702 2431 11988 ndash1021 44703 45421 45711 44753 11 49 15 53 13
1972 I 45219 29352 5591 1882 2786 12031 ndash851 45324 46336 46450 45561 73 57 83 66 74 II 46291 29912 5933 1828 2687 12106 ndash801 46077 47408 47196 46629 98 68 96 66 97 III 46735 30374 6018 1938 2743 11856 ndash708 46492 47764 47522 47100 39 37 30 28 41 IV 47505 31086 6049 2020 2866 11931 ndash715 47574 48563 48639 47868 68 96 69 97 67
1973 I 48720 31655 6433 2168 2999 12048 ndash585 48617 49733 49633 49137 106 91 100 84 110 II 49284 31639 6734 2273 2912 11976 ndash426 48855 50060 49627 49728 47 20 27 00 49 III 49021 31753 6470 2280 2832 11823 ndash473 48916 49685 49581 49537 ndash21 05 ndash30 ndash04 ndash15 IV 49488 31660 6718 2392 2853 11910 ndash339 48972 50003 49480 50008 39 05 26 ndash08 39
1974 I 49054 31383 6289 2423 2756 12159 ndash444 48912 49372 49228 49663 ndash35 ndash05 ndash49 ndash20 ndash27 II 49180 31492 6258 2541 2902 12241 ndash450 48966 49506 49291 49756 10 04 11 05 08 III 48694 31622 5905 2404 2851 12259 ndash645 48815 49172 49294 49219 ndash39 ndash12 ndash27 00 ndash43 IV 48502 31158 5961 2466 2823 12302 ndash562 48106 48833 48434 48955 ndash16 ndash57 ndash27 ndash68 ndash21
1975 I 47912 31420 4914 2484 2540 12452 ndash818 48482 47789 48360 48293 ndash48 32 ndash83 ndash06 ndash53 II 48278 31944 4744 2412 2337 12357 ndash842 48979 47985 48687 48662 31 42 17 27 31 III 49091 32399 5145 2371 2531 12574 ndash867 49419 49164 49492 49506 69 36 102 68 71 IV 49733 32742 5287 2505 2666 12680 ndash815 50003 49781 50051 50226 53 48 51 46 59
1976 I 50863 33396 5834 2488 2833 12712 ndash734 50694 51187 51015 51343 94 56 118 79 92 II 51246 33703 6083 2513 2956 12573 ndash670 50865 51706 51322 51744 30 14 41 24 32 III 51497 34059 6094 2586 3076 12507 ndash673 51180 52010 51690 52000 20 25 24 29 20 IV 51871 34503 6137 2612 3178 12497 ndash700 51895 52490 52515 52386 29 57 37 65 30
See the note at the end of the table
191 August 2012 SURVEY OF CURRENT BUSINESS
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1977 I 52473 34897 6438 2570 3329 12610 ndash713 52382 53384 53294 53061 47 38 70 61 52 II 53516 35090 6936 2639 3359 12741 ndash531 53224 54364 54072 54092 82 66 75 60 80 III 54473 35425 7314 2660 3312 12765 ndash379 53784 55225 54533 55043 74 43 65 34 72 IV 54461 35959 7108 2574 3359 12723 ndash544 54223 55419 55180 54969 ndash01 33 14 48 ndash05
1978 I 54647 36169 7249 2635 3585 12744 ndash565 54292 55835 55479 55234 14 05 30 22 19 II 56797 36942 7746 2910 3596 13088 ndash293 56446 57569 57216 57287 167 168 130 131 157 III 57354 37097 7985 2942 3643 13193 ndash220 56964 58143 57751 57888 40 37 40 38 43 IV 58113 37396 8167 3058 3693 13312 ndash127 57695 58788 58368 58726 54 52 45 43 59
1979 I 58210 37585 8166 3061 3683 13192 ndash111 57878 58864 58529 58838 07 13 05 11 08 II 58264 37563 8147 3069 3703 13332 ndash144 57875 58935 58543 58968 04 00 05 01 09 III 58683 37932 7988 3179 3646 13351 ndash121 58714 59085 59113 59523 29 59 10 39 38 IV 58845 38033 7839 3380 3726 13438 ndash119 58982 59049 59182 59678 11 18 ndash02 05 10
1980 I 59034 37967 7783 3474 3729 13654 ndash115 59096 59093 59151 59883 13 08 03 ndash02 14 II 57824 37105 7081 3539 3458 13697 ndash140 57938 57321 57428 58609 ndash79 ndash76 ndash115 ndash112 ndash82 III 57717 37503 6541 3532 3210 13508 ndash157 58693 56791 57746 58456 ndash07 53 ndash36 22 ndash10 IV 58784 38003 7206 3510 3382 13494 ndash47 59218 58185 58606 59386 76 36 102 61 65
1981 I 60006 38211 7922 3577 3526 13673 149 59509 59534 59037 60648 86 20 96 30 88 II 59527 38211 7545 3596 3532 13704 03 59627 59038 59131 60132 ndash32 08 ndash33 06 ndash34 III 60250 38366 8013 3520 3491 13673 169 59696 59809 59255 60893 49 05 53 08 52 IV 59500 38076 7702 3536 3591 13799 ndash22 59344 59206 59047 60221 ndash49 ndash23 ndash40 ndash14 ndash43
1982 I 58523 38322 6900 3383 3489 13785 ndash378 59177 58315 58958 59206 ndash64 ndash11 ndash59 ndash06 ndash66 II 58840 38459 6894 3403 3432 13865 ndash349 59152 58508 58812 59606 22 ndash02 13 ndash10 27 III 58614 38754 6813 3252 3591 13960 ndash574 58765 58766 58912 59263 ndash15 ndash26 18 07 ndash23 IV 58660 39461 6207 3103 3450 14201 ndash862 59635 58828 59794 59286 03 61 04 61 02
1983 I 59389 39848 6428 3153 3529 14308 ndash819 60265 59602 60469 60008 51 43 54 46 50 II 60724 40639 7048 3163 3801 14430 ndash755 61118 61317 61706 61383 93 58 120 84 95 III 61922 41357 7522 3211 4097 14680 ndash751 62252 62869 63196 62593 81 76 105 100 81 IV 63202 42013 8314 3275 4298 14432 ndash534 63070 64336 64203 63899 85 54 97 65 86
1984 I 64428 42373 9184 3344 4643 14578 ndash408 63492 65944 65010 65072 80 27 104 51 76 II 65540 42979 9494 3427 4838 14892 ndash414 64656 67204 66321 66188 71 75 79 83 70 III 66177 43311 9714 3503 4963 15002 ndash390 65252 67903 66979 66819 39 37 42 40 39 IV 66716 43881 9555 3574 5108 15323 ndash509 66203 68537 68026 67287 33 60 38 64 28
1985 I 67345 44625 9240 3576 4996 15499 ndash599 67325 69016 68997 67800 38 70 28 58 31 II 67915 45032 9399 3563 5241 15847 ndash685 67838 69926 69851 68400 34 31 54 50 36 III 68976 45887 9296 3511 5190 16258 ndash786 68940 70995 70961 69376 64 67 63 65 58 IV 69500 45988 9659 3617 5394 16355 ndash725 69221 71640 71365 69945 31 17 37 23 33
1986 I 70168 46372 9639 3731 5389 16532 ndash717 69934 72146 71915 70559 39 42 29 31 36 II 70450 46866 9425 3772 5618 16883 ndash878 70461 72669 72684 70730 16 31 29 43 10 III 71129 47685 9130 3858 5774 17266 ndash1036 71453 73431 73759 71443 39 58 43 61 41 IV 71473 47972 9144 4002 5819 17166 ndash992 71858 73641 74030 71685 19 23 12 15 14
1987 I 71869 47899 9423 4005 5784 17237 ndash911 71666 73988 73789 72109 22 ndash11 19 ndash13 24 II 72633 48540 9436 4164 5928 17346 ndash925 72622 74729 74721 72935 43 54 41 51 47 III 73263 49082 9446 4343 6043 17346 ndash911 73489 75273 75501 73556 35 49 29 42 35 IV 74517 49200 10183 4504 6182 17556 ndash744 73820 76494 75802 74838 70 18 67 16 71
1988 I 74902 50022 9609 4753 6153 17471 ndash800 74911 76510 76520 75303 21 60 01 38 25 II 75864 50385 9843 4885 6083 17517 ndash683 75814 77199 77149 76231 52 49 36 33 50 III 76256 50783 9906 4975 6226 17507 ndash689 76174 77659 77578 76586 21 19 24 22 19 IV 77274 51381 10037 5127 6416 17862 ndash717 77153 78722 78603 77637 55 52 56 54 56
1989 I 77999 51569 10422 5278 6446 17752 ndash576 77525 79286 78813 78356 38 19 29 11 38 II 78583 51800 10300 5508 6476 18028 ndash577 78278 79604 79299 78926 30 39 16 25 29 III 79206 52337 10179 5568 6467 18197 ndash608 79264 80135 80192 79577 32 51 27 46 33 IV 79379 52593 10074 5656 6584 18294 ndash654 79363 80344 80327 79833 09 05 10 07 13
1990 I 80208 53009 10173 5903 6793 18576 ndash660 80224 81122 81137 80635 42 44 39 41 41 II 80527 53184 10176 5983 6782 18604 ndash638 80259 81323 81054 80966 16 02 10 ndash04 17 III 80526 53386 9937 6027 6754 18598 ndash668 80417 81233 81123 80896 00 08 ndash04 03 ndash03 IV 79820 52970 9308 6077 6573 18783 ndash745 80132 80234 80541 80501 ndash35 ndash14 ndash48 ndash28 ndash19
1991 I 79434 52820 8929 6121 6498 18859 ndash797 79811 79701 80075 79947 ndash19 ndash16 ndash26 ndash23 ndash27 II 79970 53222 8885 6341 6614 18925 ndash789 80385 80108 80519 80334 27 29 21 22 19 III 80307 53426 9106 6486 6800 18835 ndash746 80496 80494 80681 80626 17 06 19 08 15 IV 80622 53402 9454 6634 6950 18756 ndash674 80423 80810 80609 81044 16 ndash04 16 ndash04 21
1992 I 81507 54320 9244 6752 7001 18899 ndash707 81666 81611 81766 81923 45 63 40 59 44 II 82373 54642 9853 6753 7116 18876 ndash635 82250 82614 82489 82783 43 29 50 36 43 III 83223 55246 9955 6899 7228 18973 ndash622 83154 83421 83348 83591 42 45 40 42 40 IV 84098 55920 10270 6934 7401 18979 ndash604 84019 84461 84378 84478 43 42 51 50 43
1993 I 84253 56147 10511 6950 7561 18779 ndash573 83964 84787 84496 84728 07 ndash03 16 06 12 II 84792 56686 10594 7035 7718 18765 ndash570 84668 85409 85283 85180 26 34 30 38 21 III 85238 57301 10586 7012 7819 18746 ndash588 85332 86002 86094 85701 21 32 28 39 25 IV 86364 57811 11145 7237 8134 18839 ndash534 86354 87229 87218 86630 54 49 58 53 44
See the note at the end of the table
192 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashTable Ends [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1994 I 87205 58455 11626 7306 8323 18599 ndash458 86816 88208 87819 87559 40 22 46 28 44 II 88398 58888 12304 7547 8633 18677 ndash385 87547 89477 88626 88700 56 34 59 37 53 III 88967 59360 12082 7835 8876 19005 ndash439 88496 89990 89518 89240 26 44 23 41 25 IV 89955 59946 12646 8009 9126 18841 ndash361 89207 91065 90317 90221 45 32 49 36 45
1995 I 90176 60016 12774 8156 9326 18916 ndash360 89587 91346 90757 90561 10 17 12 20 15 II 90370 60508 12431 8268 9415 18979 ndash401 90117 91511 91257 90787 09 24 07 22 10 III 91129 61049 12311 8628 9447 18937 ndash349 91190 91883 91942 91373 34 49 16 30 26 IV 91764 61478 12658 8752 9568 18725 ndash281 91722 92514 92469 92146 28 24 28 23 34
1996 I 92393 62040 12824 8862 9879 18845 ndash299 92514 93373 93493 92850 28 35 38 45 31 II 93990 62742 13489 9011 10100 19116 ndash268 93840 95052 94900 94341 71 59 74 62 66 III 94808 63118 14169 9084 10427 19097 ndash233 94250 96157 95597 95119 35 18 47 30 33 IV 95843 63632 14130 9653 10633 19259 ndash198 95572 96780 96508 96214 44 57 26 39 47
1997 I 96580 64273 14460 9837 11087 19294 ndash197 96244 97815 97477 96850 31 28 43 41 27 II 98012 64533 15383 10227 11459 19460 ndash132 97010 99220 98217 98374 61 32 59 31 64 III 99242 65630 15657 10464 11881 19482 ndash110 98541 100642 99940 99513 51 65 59 72 47 IV 100003 66381 15907 10445 12138 19515 ndash107 99175 101698 100867 100198 31 26 43 38 28
1998 I 100948 67041 16666 10495 12593 19397 ndash58 99798 103066 101912 101247 38 25 55 42 43 II 101856 68195 16467 10374 12882 19819 ndash117 101484 104404 104034 102125 36 69 53 86 35 III 103200 69099 16939 10326 13055 20002 ndash111 102655 105983 105439 103315 54 47 62 55 47 IV 104986 70159 17484 10715 13478 20181 ndash75 104396 107791 107201 105122 71 70 70 69 72
1999 I 105921 70851 18034 10633 13821 20284 ndash60 105083 109163 108324 106190 36 27 52 43 41 II 106749 71966 17971 10755 14261 20369 ndash51 106391 110306 109950 107075 32 51 43 61 34 III 108107 72831 18422 11037 14779 20633 ndash37 107705 111893 111493 108397 52 50 59 57 50 IV 110048 73858 19076 11313 15133 20959 ndash25 109081 113910 112942 110456 74 52 74 53 78
2000 I 110336 74978 18809 11508 15747 20787 01 110182 114616 114464 110692 11 41 25 55 09 II 112488 75683 20111 11835 16227 21064 22 111484 116919 115916 112881 80 48 83 52 82 III 112583 76424 19797 12124 16794 20998 34 111968 117288 116674 112928 03 17 13 26 02 IV 113250 77100 19807 12029 16781 21062 33 112685 118041 117478 113868 24 26 26 28 34
2001 I 112878 77408 18761 11871 16537 21373 02 113256 117582 117964 113339 ndash13 20 ndash15 17 ndash18 II 113617 77700 18700 11483 16044 21817 ndash39 113757 118232 118375 114169 27 18 22 14 30 III 113304 78042 18303 10892 15656 21778 ndash55 113641 118141 118483 113603 ndash11 ndash04 ndash03 04 ndash20 IV 113700 79264 17245 10585 15469 22164 ndash89 114626 118676 119612 114688 14 35 18 39 39
2002 I 114671 79537 17819 10754 15857 22504 ndash86 114857 119855 120044 115233 35 08 40 15 19 II 115281 79941 18034 11046 16392 22720 ndash68 115182 120687 120590 115645 21 11 28 18 14 III 115866 80483 18080 11123 16662 22904 ndash62 115699 121459 121294 116387 20 18 26 24 26 IV 115906 80769 18083 11010 16962 23057 ndash51 115608 121899 121603 116617 01 ndash03 15 10 08
2003 I 116389 81177 18104 10908 16757 23009 ndash52 116096 122289 121997 116949 17 17 13 13 11 II 117375 81981 18218 10873 16996 23351 ndash52 117426 123546 123601 118081 34 47 42 54 39 III 119307 83085 18884 11168 17196 23420 ndash54 119286 125388 125370 120008 67 65 61 58 67 IV 120386 83537 19599 11691 17838 23437 ndash40 120011 126566 126191 121360 37 25 38 26 46
2004 I 121179 84276 19701 11970 18292 23549 ndash25 120665 127524 127010 122340 27 22 31 26 33 II 121959 84651 20557 12157 19026 23635 ndash15 121184 128833 128057 122851 26 17 42 33 17 III 122867 85391 20821 12247 19304 23721 ndash09 122242 129926 129301 123867 30 35 34 39 34 IV 123872 86313 21249 12528 19794 23576 00 123161 131136 130425 124607 33 30 38 35 24
2005 I 125150 87001 21700 12762 19909 23599 ndash03 124241 132297 131388 126234 42 36 36 30 53 II 125707 87862 21313 13036 20129 23624 01 125552 132799 132644 126677 18 43 15 39 14 III 126705 88529 21551 13039 20253 23839 00 126585 133918 133799 127769 32 33 34 35 35 IV 127356 88749 22328 13366 20821 23734 00 126542 134812 133999 128124 21 ndash01 27 06 11
2006 I 128964 89658 22663 13887 21215 23971 00 128319 136294 135650 129747 51 57 45 50 52 II 129487 90198 22631 14121 21452 23991 ndash02 128773 136821 136107 130216 16 14 16 14 15 III 129504 90739 22312 14142 21709 24027 ndash07 128828 137076 136400 130096 01 02 07 09 ndash04 IV 130384 91583 21667 14735 21682 24094 ndash13 130053 137333 137001 131073 27 39 07 18 30
2007 I 130561 92092 21451 14965 21998 24067 ndash16 130382 137594 137415 131226 05 10 08 12 05 II 131736 92445 21930 15213 22107 24268 ndash13 131262 138632 138158 132484 36 27 31 22 39 III 132698 92852 21763 15780 22160 24479 ndash16 132318 139083 138703 134058 30 33 13 16 48 IV 133260 93126 21236 16219 21865 24553 ndash09 133140 138901 138782 135110 17 25 ndash05 02 32
2008 I 132668 92891 20557 16439 21941 24739 ndash17 132778 138180 138288 134317 ndash18 ndash11 ndash21 ndash14 ndash23 II 133105 92858 20240 16939 21801 24845 24 133259 137945 138097 134766 13 15 ndash07 ndash05 13 III 131869 91960 19347 16787 21433 25107 101 132256 136465 136846 133674 ndash37 ndash30 ndash42 ndash36 ndash32 IV 128835 90760 17446 15806 20586 25205 204 129729 133533 134415 129919 ndash89 ndash74 ndash83 ndash69 ndash108
2009 I 127110 90395 15160 14525 18560 25316 274 128703 131037 132618 128195 ndash53 ndash31 ndash73 ndash52 ndash52 II 127010 89993 14007 14546 17774 25904 334 128900 130144 132023 128068 ndash03 06 ndash27 ndash18 ndash04 III 127467 90462 13948 15023 18493 26143 384 129283 130820 132623 128953 14 12 21 18 28 IV 128731 90454 15211 15852 19327 26211 330 129102 132093 132456 130345 40 ndash06 40 ndash05 44
2010 I 129476 91008 15914 16082 19809 26004 277 129147 133093 132759 131219 23 01 31 09 27 II 130196 91594 16464 16454 20742 26187 239 129854 134389 134039 132165 22 22 39 39 29 III 131035 92160 17101 16839 21428 26167 196 130055 135534 134548 133011 26 06 35 15 26 IV 131812 93085 16843 17247 21430 25874 193 131356 135905 135441 133742 24 41 11 27 22
2011 I 131838 93809 16616 17488 21654 25407 172 131544 135921 135619 133943 01 06 00 05 06 II 132647 94032 17113 17664 21660 25354 144 132341 136552 136238 134861 25 24 19 18 28 III 133069 94419 17358 17929 21908 25166 105 133112 136964 136996 135347 13 23 12 22 14 IV 134410 94893 18673 17993 22173 25027 ndash03 133614 138514 137713 136729 41 15 46 21 41
2012 I 135064 95468 18951 18187 22342 24837 ndash37 134401 139144 138475 136938 20 24 18 22 06 II 135580 95820 19340 18424 22668 24748 ndash84 134811 139759 138985 15 12 18 15
NOTE The residual is the difference between gross domestic product and the sum of the detailed components shown in this table
193 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1929 7733 8363 8724 7544 4667 6258 5425 33695 2244 9786 2906 2421 6181 2851 10620 7848 7740 1930 7067 7915 8034 7387 3113 4796 4471 28836 1779 5949 2402 2106 6812 3158 11690 7311 7075 1931 6609 7667 7741 7199 1956 3326 2929 18557 1187 4975 1996 1837 7095 3266 12197 6881 6610 1932 5745 6979 6835 6764 0590 1934 1754 11365 0695 2627 1564 1524 6860 3340 11629 6097 5743 1933 5671 6824 6785 6513 0869 1709 1581 8816 0712 2146 1574 1588 6633 4130 10421 5911 5663 1934 6288 7312 7405 6832 1570 2210 2014 9940 0984 2938 1749 1622 7482 5541 10956 6474 6271 1935 6846 7758 8013 7070 2906 2864 2552 11028 1341 4111 1845 2125 7687 5639 11306 6876 6831 1936 7740 8548 9078 7505 3726 3814 3451 14477 1840 5205 1938 2101 8971 8514 11371 7786 7713 1937 8137 8864 9348 7857 4653 4472 4134 18358 2139 5661 2441 2364 8592 7666 11369 8111 8117 1938 7857 8722 9140 7794 3076 3543 3031 14689 1489 5691 2414 1837 9252 8465 12035 7995 7841 1939 8492 9209 9773 8097 3956 4252 3383 15500 1718 8062 2549 1930 10067 9077 13229 8586 8473 1940 9236 9686 10380 8410 5510 5108 4187 17596 2227 9093 2899 1976 10350 10163 12794 9169 9205 1941 10813 10373 11204 8909 6729 5828 4930 20899 2611 9661 2973 2430 17205 26817 11982 10640 10782 1942 12809 10127 10340 9400 3555 3289 2902 12917 1498 4887 1964 2206 40483 82370 10867 12859 12763 1943 14906 10411 10239 10151 2099 2539 2425 9387 1345 2904 1655 2782 60224 130288 9876 15168 14842 1944 16109 10707 10316 10718 2594 3118 3221 12292 1799 2500 1778 2912 67771 148703 9525 16396 16039 1945 15929 11370 11021 11293 3424 4268 4525 16574 2576 2940 2491 3096 59168 127726 9855 16262 15853 1946 14186 12784 13059 11807 8778 7872 6673 32740 3213 12338 5379 2566 20344 34335 10837 14036 14137 1947 14059 13029 13438 11856 8433 9469 7765 29776 4367 15901 6133 2436 17281 25367 12329 14330 14031 1948 14677 13323 13708 12170 10775 10428 8172 31334 4596 19026 4831 2843 18542 27378 13112 14600 14660 1949 14601 13692 14120 12464 8226 9533 7422 30294 4029 17588 4786 2742 20755 30046 15108 14947 14577 1950 15878 14570 15214 13011 11615 11385 8104 32461 4447 24064 4190 3241 20779 28399 16349 15820 15853 1951 17106 14799 15033 13780 11649 10906 8479 34946 4576 20145 5135 3369 28386 47155 16475 16944 17093 1952 17761 15266 15371 14399 10534 10701 8315 34809 4445 19784 4913 3665 34178 61369 16749 17846 17747 1953 18579 15995 16167 15006 11029 11448 9062 37902 4848 20485 4584 4010 36627 66331 17578 18726 18554 1954 18461 16331 16340 15530 10517 11627 8868 39201 4576 22183 4806 3812 34132 57637 19115 18778 18445 1955 19791 17536 17844 16311 13072 13141 9851 42011 5203 25776 5319 4271 32885 52422 20494 19836 19778 1956 20182 18049 18112 17094 12894 13191 10413 46421 5341 23678 6197 4618 32912 51508 21156 20290 20180 1957 20588 18497 18422 17685 12333 13048 10571 46396 5480 22230 6737 4812 34379 53343 22408 20812 20591 1958 20403 18658 18234 18260 11312 12113 9410 43866 4680 22463 5826 5040 35484 53320 24312 20661 20385 1959 21866 19718 19381 19164 13603 13804 10159 44917 5237 28170 6427 5571 36688 54992 25232 21965 21840 1960 22408 20260 19721 19915 13600 13922 10737 48488 5459 26165 7543 5645 36751 53496 26338 22542 22391 1961 22930 20677 19846 20648 13512 13879 10670 49151 5354 26238 7583 5607 38600 55739 27961 23082 22925 1962 24319 21700 20867 21624 15227 15133 11602 51393 5974 28754 7965 6243 40977 60488 28818 24356 24325 1963 25382 22593 21701 22543 16249 16306 12247 51986 6476 32142 8535 6411 42032 60526 30552 25450 25393 1964 26851 23939 22994 23885 17589 17882 13701 57399 7303 34011 9540 6752 42958 59725 32626 26969 26867 1965 28575 25453 24623 25204 20058 19708 16088 66553 8641 33017 9807 7471 44250 59697 34813 28534 28588 1966 30437 26897 26184 26453 21825 20838 18100 71109 10024 30063 10487 8581 48149 66303 36998 30250 30423 1967 31206 27703 26697 27541 20827 20453 17856 69313 9958 29117 10728 9206 51844 72903 38868 31178 31193 1968 32717 29301 28350 29009 22039 21881 18654 70299 10578 33086 11572 10578 53472 73491 41168 32735 32709 1969 33733 30399 29216 30303 23323 23242 20070 74096 11513 34063 12131 11181 53347 70969 42557 33762 33710 1970 33798 31112 29447 31487 21791 22754 19963 74300 11399 32026 13435 11658 52059 65738 43738 34075 33772 1971 34932 32297 30679 32574 24275 24477 19964 73082 11512 40808 13663 12280 50926 60677 45077 35024 34923 1972 36788 34283 32685 34458 27150 27420 21797 75359 12997 48061 14689 13662 50556 58197 46068 36878 36784 1973 38920 35982 34378 36091 30331 29926 24968 81520 15381 47752 17458 14296 50379 55748 47381 38845 38995 1974 38705 35683 33124 36783 28097 28055 25177 79755 15774 37895 18837 13972 51648 56243 49164 38734 38835 1975 38623 36492 33349 38164 23120 25042 22689 71355 14272 32975 18718 12419 52812 56426 50970 39148 38657 1976 40695 38525 35684 39802 27791 27511 23800 73073 15164 40740 19536 14848 53049 56453 51346 40689 40776 1977 42566 40146 37215 41447 31989 31465 26486 76079 17449 49486 20006 16471 53630 57647 51532 42475 42681 1978 44940 41916 38753 43375 35846 35274 30450 87058 20106 52602 22115 17898 55210 59092 53216 44818 45034 1979 46345 42912 39373 44700 36989 37265 33517 98098 21861 50672 24307 18195 56241 60519 53998 46419 46581 1980 46217 42761 38376 45389 32926 34844 33429 103837 21075 39949 26925 16987 57337 63390 53958 46716 46449 1981 47390 43410 38830 46203 35886 35623 35333 112161 21971 36747 27256 17433 57860 66420 52873 47359 47542 1982 46470 44015 39101 47103 30859 33125 34003 110325 20829 30075 25173 17214 58876 68989 52898 47071 46651 1983 48570 46531 41589 49568 33733 35541 33563 98404 21950 42524 24524 19386 61027 73561 53514 49055 48719 1984 52060 48998 44586 51508 43672 41543 39486 112125 26303 48836 26526 24105 63078 75829 55444 51619 52155 1985 54214 51551 46931 54173 43266 43729 42103 120095 27974 49608 27331 25669 67471 81771 58879 54347 54151 1986 56092 53642 49556 55784 42971 44237 40901 106935 28504 55696 29429 27863 71573 86407 62669 56412 55899 1987 57887 55297 50448 58007 44295 44480 40870 103859 28895 56807 32594 29511 73300 89477 63575 57981 57672 1988 60266 57525 52322 60469 45337 45947 43008 104539 31074 56231 37815 30671 74220 88010 65933 60457 60093 1989 62420 59152 53643 62301 47156 47328 45409 106616 33351 54524 42161 32022 76240 89379 68340 62521 62242 1990 63591 60359 53975 64151 45569 46340 45633 108187 33361 49819 45954 33168 78655 91185 71112 63834 63482 1991 63442 60450 52904 65110 41862 43335 43186 96150 32504 45032 49005 33118 79514 91000 72585 63850 63276 1992 65595 62511 54571 67431 45254 45904 44565 90354 34873 51263 52370 35440 79885 89351 74156 65833 65403 1993 67466 64731 56838 69589 49299 49839 48456 89768 39226 55450 54086 38505 79253 85842 75244 67669 67263 1994 70214 67203 59836 71666 55998 54500 52915 91405 43904 60840 58802 43098 79245 82555 77197 70004 69913 1995 71980 69021 61623 73488 57743 58010 58478 97235 49158 58850 64755 46547 79705 80353 79247 72102 71711 1996 74672 71429 64383 75640 62851 63213 63940 102744 54383 63550 70133 50595 80507 79423 81090 74799 74395 1997 78000 74066 67453 77973 70672 69045 71658 110280 61861 64751 78490 57409 82020 78641 83980 77740 77620 1998 81397 77950 72010 81409 77747 76537 80264 115911 70837 69732 80281 64119 83759 77758 87291 81192 80937 1999 85326 82213 77745 84744 84592 83658 88640 116049 80857 74092 83785 71500 86761 79270 91179 85155 84928
194 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
2000 88857 86382 81847 88944 90371 89843 97327 125101 89320 74834 90985 80813 88519 79661 93744 88745 88515 2001 89816 88718 84417 91134 84023 88142 94614 123191 86438 75258 85880 78540 91917 82901 97236 90527 89582 2002 91445 91080 87848 92870 82879 84412 87112 101377 82789 79204 84160 81213 96192 88953 100473 91733 91171 2003 93769 93650 91890 94611 86090 87390 88290 97514 85377 85712 85514 84806 98336 94839 100408 94015 93631 2004 97021 96731 95988 97134 94749 93880 93740 98571 92138 94130 93677 94212 99668 98710 100234 96885 97024 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 2006 102658 102850 103322 102599 102742 102375 108027 109180 107590 92667 108969 106099 101359 102127 100910 102596 102423 2007 104622 105218 106394 104599 99412 100390 115039 124578 111168 75379 119108 108652 102713 103399 102311 104808 104731 2008 104270 104637 103776 105067 89296 93228 114125 132595 106411 57345 126376 105733 105381 110819 102310 104991 104692 2009 101069 102602 100697 103558 67124 75494 93507 104659 88911 44489 114835 91422 109262 117613 104568 102598 101328 2010 103486 104460 104304 104554 76327 75326 94148 88308 96822 42862 127623 102832 109955 122883 102711 103478 104193 2011 105356 107103 108263 106543 80284 80311 102288 90733 107473 42268 136152 107746 106497 119480 99224 105506 106304
1947 I 14028 12846 13203 11757 8686 9295 7874 29902 4450 14609 6532 2514 17184 25544 12014 14201 13996 II 14006 13060 13440 11927 7986 9048 7750 29743 4356 13882 6450 2563 17293 25597 12177 14294 13979 III 13995 13102 13530 11901 7730 9355 7596 29945 4209 16009 6122 2273 17451 25611 12461 14410 13967 IV 14207 13106 13580 11839 9332 10178 7841 29515 4454 19103 5429 2395 17193 24718 12663 14415 14182
1948 I 14433 13172 13600 11966 10343 10521 8327 30127 4830 18876 5181 2701 17534 25559 12644 14477 14414 II 14698 13325 13724 12154 11025 10512 8038 30967 4509 19977 4697 2808 18378 27116 13008 14582 14682 III 14777 13344 13710 12219 11143 10399 8058 31892 4451 19341 4807 2955 18735 27669 13239 14607 14761 IV 14800 13450 13800 12342 10588 10279 8264 32349 4594 17908 4638 2907 19523 29169 13559 14733 14784
1949 I 14594 13472 13779 12420 8941 9691 7873 31740 4305 16562 5193 2820 20081 29756 14120 14793 14575 II 14541 13678 14081 12483 7690 9383 7563 30997 4095 16276 5148 2779 20990 30874 14925 14985 14520 III 14704 13709 14153 12457 8364 9360 7187 29626 3879 17671 4718 2665 21201 30534 15546 14978 14679 IV 14566 13910 14469 12495 7907 9696 7064 28813 3836 19841 4084 2705 20750 29021 15843 15033 14535
1950 I 15155 14141 14749 12650 9891 10310 7264 30186 3902 22093 4017 2781 20403 27640 16237 15274 15124 II 15616 14373 14906 12970 10998 11267 7914 31709 4342 24235 4065 2935 20737 28254 16375 15685 15587 III 16227 15111 16022 13171 11988 12108 8624 33545 4809 25567 4171 3621 20339 27251 16387 16249 16209 IV 16513 14656 15178 13254 13581 11856 8612 34404 4733 24363 4509 3628 21635 30451 16397 16072 16492
1951 I 16721 15010 15512 13616 12149 11416 8389 34516 4532 23068 4734 3628 23948 36413 16235 16547 16695 II 16999 14586 14725 13708 12450 10890 8505 35688 4540 19961 5200 3508 27241 44208 16511 16625 16987 III 17337 14756 14887 13880 11488 10714 8600 35472 4640 18688 5328 3211 30332 51849 16591 17175 17328 IV 17367 14842 15007 13915 10509 10603 8422 34108 4593 18861 5278 3127 32023 56150 16564 17430 17364
1952 I 17542 14876 14935 14087 10755 10729 8455 34149 4619 19354 5559 3490 33015 58600 16616 17573 17530 II 17561 15168 15270 14307 9862 10877 8550 34395 4682 19711 4948 3472 34134 60920 16969 17858 17550 III 17679 15241 15254 14497 10387 10210 7777 34682 3989 19513 4557 3684 34472 62487 16510 17684 17665 IV 18263 15780 16025 14704 11132 10987 8477 36010 4490 20560 4588 4014 35090 63469 16900 18270 18243
1953 I 18604 15968 16236 14854 11353 11428 8942 37095 4806 20881 4511 3916 36281 65942 17262 18665 18580 II 18745 16064 16268 15032 11392 11490 9003 37807 4803 20940 4539 4119 37079 68018 17232 18813 18726 III 18631 16027 16131 15124 11124 11499 9208 38017 4965 20146 4721 4103 36631 66162 17693 18767 18601 IV 18336 15920 16033 15012 10248 11375 9096 38688 4815 19972 4565 3901 36517 65201 18124 18660 18308
1954 I 18249 15979 16023 15152 10162 11196 8825 39082 4549 20182 4360 3676 35540 61731 18775 18551 18230 II 18272 16187 16179 15414 10127 11379 8732 39353 4448 21496 4987 4006 34282 58425 18848 18627 18252 III 18478 16407 16350 15682 10645 11833 8970 39267 4659 22808 4827 3765 33455 55519 19373 18811 18458 IV 18848 16751 16806 15872 11135 12098 8944 39101 4649 24245 5049 3801 33252 54873 19463 19125 18839
1955 I 19391 17127 17322 16058 12322 12587 9104 40312 4692 26044 5236 4025 33212 53552 20280 19490 19381 II 19711 17455 17810 16176 13101 13128 9676 41312 5108 26429 5114 4253 32882 52337 20546 19746 19697 III 19975 17671 18058 16342 13288 13418 10171 42683 5427 25865 5450 4325 33082 52889 20514 20034 19960 IV 20086 17893 18186 16668 13576 13431 10451 43738 5586 24768 5474 4482 32365 50910 20634 20076 20074
1956 I 19995 17922 18105 16828 13120 13145 10257 45096 5310 24114 5734 4670 32347 50530 20857 20032 19997 II 20152 17982 18078 16989 12971 13251 10417 46703 5322 23970 6121 4645 33025 51855 21113 20254 20152 III 20126 18022 18003 17168 12819 13229 10501 46999 5372 23499 6324 4686 32713 50911 21218 20262 20130 IV 20455 18270 18261 17392 12667 13138 10476 46887 5359 23131 6608 4471 33563 52735 21434 20612 20439
1957 I 20581 18396 18432 17459 12463 13138 10551 46482 5456 22801 7039 4826 34252 53672 21973 20793 20587 II 20531 18429 18365 17609 12446 13011 10523 46450 5434 22250 6830 4864 34039 52858 22158 20716 20549 III 20729 18576 18519 17738 12743 13142 10745 46458 5625 21950 6639 4770 34300 53050 22471 20872 20738 IV 20511 18585 18374 17933 11679 12902 10466 46194 5405 21918 6440 4787 34925 53793 23030 20867 20490
1958 I 19956 18332 17935 17916 10811 12103 9709 45328 4824 21051 5801 4858 34535 51864 23681 20333 19942 II 20078 18483 17990 18175 10555 11760 9290 43825 4581 21104 5829 5066 35400 53530 24023 20439 20065 III 20549 18785 18329 18419 11426 11927 9150 42825 4538 22643 5847 4989 35621 53321 24548 20737 20528 IV 21028 19034 18683 18530 12456 12662 9491 43486 4777 25055 5829 5250 36381 54566 24996 21137 21003
1959 I 21453 19386 19117 18769 13159 13439 9786 43334 5039 27906 6214 5385 36145 53666 25203 21573 21424 II 21995 19684 19420 19048 14258 13874 10085 44676 5192 28897 6421 5645 36696 54950 25272 21945 21962 III 21969 19889 19573 19304 13266 14044 10404 46005 5362 28351 6625 5698 37158 56085 25294 22212 21945 IV 22046 19912 19414 19537 13730 13857 10363 45655 5354 27524 6448 5554 36753 55268 25159 22128 22030
1960 I 22540 20103 19609 19714 15215 14341 10762 47560 5549 28314 7255 5764 36029 52782 25597 22370 22516 II 22435 20357 19883 19933 13675 14052 10929 48124 5648 25986 7716 5807 36322 52580 26223 22584 22414 III 22472 20276 19756 19909 13594 13676 10657 48216 5411 25197 7522 5637 37197 54212 26614 22552 22457 IV 22184 20303 19637 20102 11915 13620 10598 50051 5227 25164 7677 5371 37456 54410 26919 22662 22179
1961 I 22315 20297 19451 20304 12219 13449 10375 49824 5056 25261 7625 5345 37946 54339 27792 22680 22319 II 22733 20599 19745 20600 13129 13647 10589 48994 5297 25352 7519 5410 38037 54847 27604 22923 22725 III 23100 20699 19874 20662 14229 13975 10677 49022 5369 26721 7478 5768 38783 56387 27838 23100 23093 IV 23570 21114 20316 21026 14469 14446 11038 48764 5692 27618 7709 5905 39635 57381 28610 23625 23563
195 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1962 I 23993 21338 20554 21225 15332 14755 11294 49678 5841 28116 7690 6085 40336 59488 28403 23914 23982 II 24258 21600 20756 21542 15184 15203 11631 51488 5991 28995 8428 6218 40555 59733 28607 24321 24261 III 24482 21776 20915 21728 15455 15325 11781 52844 6017 28971 7957 6297 41478 61530 28972 24510 24485 IV 24542 22084 21242 22002 14936 15250 11701 51563 6045 28933 7785 6374 41538 61199 29288 24679 24571
1963 I 24863 22233 21441 22089 15765 15428 11683 49768 6164 29978 7967 6226 41285 59714 29839 24843 24880 II 25174 22446 21618 22330 15995 16144 12056 52126 6303 32135 8900 6373 41233 59161 30110 25265 25182 III 25648 22752 21835 22721 16517 16562 12421 52488 6586 32730 8424 6534 43001 62445 30915 25713 25656 IV 25843 22941 21909 23031 16720 17091 12829 53562 6851 33726 8847 6513 42610 60783 31346 25980 25856
1964 I 26423 23394 22416 23403 17407 17743 13148 54952 7018 35792 9389 6507 42768 60473 31813 26548 26449 II 26727 23806 22888 23729 17327 17695 13483 56815 7161 33990 9545 6653 43045 60070 32544 26864 26742 III 27090 24243 23422 24039 17739 17978 13941 58681 7409 33435 9471 6832 43071 59598 32899 27197 27109 IV 27165 24311 23250 24368 17884 18110 14231 59147 7622 32825 9753 7017 42947 58760 33247 27267 27168
1965 I 27832 24852 24007 24645 19683 18935 15187 62180 8208 32940 8701 6764 42843 58020 33562 27699 27858 II 28210 25126 24181 25018 19682 19465 15759 66513 8361 33197 10335 7562 43396 58132 34414 28199 28240 III 28782 25558 24676 25360 20385 19992 16355 67213 8820 33327 9743 7593 44897 60480 35383 28729 28792 IV 29477 26276 25627 25791 20479 20441 17051 70307 9175 32605 10449 7964 45862 62158 35893 29509 29462
1966 I 30200 26664 26109 26059 22211 21205 17794 71978 9687 33346 10266 8169 46687 63579 36338 30001 30187 II 30301 26733 25979 26343 21805 20931 18071 70590 10040 30671 10715 8373 47514 65262 36619 30137 30287 III 30500 27039 26353 26560 21589 20924 18291 72162 10104 29674 10313 8842 48800 67904 37042 30388 30481 IV 30747 27151 26298 26850 21693 20290 18244 69704 10265 26561 10653 8941 49594 68469 37995 30474 30735
1967 I 31018 27310 26366 27099 21099 19813 17858 70424 9867 25762 10859 9082 51699 73163 38465 30782 31001 II 31025 27682 26825 27361 20199 20320 17794 68421 9976 28691 10760 9009 51418 72103 38675 31111 31002 III 31272 27824 26746 27734 20779 20520 17704 69145 9838 30129 10498 9127 51953 73249 38827 31270 31268 IV 31511 27996 26851 27968 21229 21160 18069 69260 10149 31884 10797 9608 52307 73097 39504 31547 31499
1968 I 32160 28664 27706 28406 21691 21671 18637 70618 10536 32079 11111 10174 53220 74368 40197 32207 32149 II 32706 29104 28121 28853 22568 21560 18313 70020 10300 32889 11332 10330 53466 73771 40979 32531 32696 III 32930 29651 28810 29226 21835 21878 18557 69568 10555 33480 11998 10951 53578 73136 41568 32997 32925 IV 33072 29787 28763 29550 22062 22415 19107 70990 10922 33897 11845 10858 53622 72689 41927 33206 33065
1969 I 33593 30120 29148 29814 23515 23122 19672 72087 11332 35118 10424 9834 53674 72285 42268 33550 33583 II 33691 30313 29169 30180 23328 23223 19885 72659 11474 34741 12760 11774 53450 71132 42623 33715 33671 III 33904 30459 29221 30420 23867 23610 20422 76085 11655 34457 12454 11622 53525 71182 42713 33889 33872 IV 33745 30702 29326 30797 22582 23013 20300 75553 11593 31937 12886 11494 52739 69277 42625 33896 33714
1970 I 33692 30891 29374 31124 21875 22931 20182 74959 11539 32001 12997 11456 52455 67908 43021 33988 33667 II 33753 31032 29457 31319 21943 22421 20072 74192 11508 29868 13569 11683 51777 65781 43251 33923 33736 III 34054 31304 29638 31673 22318 22820 20174 74462 11575 31460 13525 11656 52001 64808 44228 34227 34031 IV 33693 31219 29318 31833 21026 22842 19423 73588 10972 34776 13649 11837 52002 64455 44451 34163 33653
1971 I 34622 31816 30259 32051 23756 23353 19600 73404 11148 36632 13701 11697 51160 61946 44653 34586 34614 II 34818 32107 30508 32373 24492 24319 19890 73214 11430 40329 13674 12580 50996 61053 44952 34825 34822 III 35096 32364 30704 32680 24814 24779 19970 72951 11527 42316 14236 12858 50964 60796 45063 35131 35073 IV 35194 32902 31244 33193 24038 25456 20397 72760 11941 43956 13042 11986 50584 58915 45642 35555 35183
1972 I 35823 33341 31536 33761 25738 26601 21083 74662 12395 46888 14423 13738 50768 59155 45792 36049 35818 II 36672 33978 32370 34174 27313 27070 21432 75081 12680 47807 14004 13250 51083 60101 45695 36647 36658 III 37024 34502 32933 34638 27702 27368 21767 75247 12979 47918 14849 13526 50030 56860 46068 36978 37028 IV 37634 35311 33899 35257 27846 28641 22905 76445 13934 49630 15479 14135 50344 56673 46717 37838 37632
1973 I 38596 35957 34709 35712 29614 29851 23975 78942 14697 51300 16613 14788 50839 57611 46928 38667 38630 II 39043 35939 34374 36011 30998 30110 24954 81408 15378 48690 17414 14362 50536 56718 47009 38857 39094 III 38835 36068 34385 36252 29786 30022 25373 83248 15587 46624 17472 13965 49887 54311 47503 38905 38944 IV 39205 35963 34044 36389 30926 29720 25572 82482 15861 44396 18331 14069 50254 54354 48085 38950 39314
1974 I 38861 35648 33489 36334 28952 29018 25544 82018 15882 41140 18565 13592 51305 56066 48713 38902 39043 II 38961 35772 33384 36689 28809 28601 25487 81680 15862 39346 19468 14312 51651 55977 49339 38945 39116 III 38575 35919 33492 36869 27184 28097 25190 78135 15968 38050 18418 14062 51728 56258 49286 38825 38693 IV 38424 35393 32132 37241 27442 26504 24486 77186 15383 33043 18899 13922 51908 56671 49317 38261 38486
1975 I 37956 35690 32365 37588 22622 24881 22984 73213 14356 31002 19032 12526 52544 56034 50778 38560 37966 II 38246 36285 33056 38054 21836 24531 22383 70455 14074 31668 18479 11523 52140 55584 50401 38956 38256 III 38891 36802 33872 38238 23686 25144 22589 70853 14231 33873 18167 12481 53057 56970 51025 39306 38920 IV 39399 37192 34103 38776 24337 25613 22799 70901 14429 35356 19195 13147 53507 57115 51675 39770 39486
1976 I 40294 37935 35101 39229 26857 26674 23211 72812 14622 38970 19061 13971 53640 56588 52238 40320 40363 II 40597 38283 35524 39488 28002 27130 23494 72592 14919 40091 19254 14576 53052 56466 51342 40456 40679 III 40796 38688 35837 39969 28054 27414 24008 73329 15338 39437 19813 15171 52773 56306 50983 40706 40880 IV 41092 39192 36272 40522 28249 28825 24487 73558 15778 44464 20014 15673 52732 56450 50821 41275 41184
1977 I 41569 39640 36666 41005 29639 29867 25438 73307 16730 45805 19693 16415 53210 56919 51310 41662 41714 II 42395 39859 36936 41164 31930 31534 26172 76049 17144 51045 20224 16566 53763 57857 51614 42332 42525 III 43154 40239 37233 41610 33670 31942 26720 77201 17553 50884 20380 16335 53861 58191 51560 42777 43273 IV 43145 40846 38027 42010 32719 32518 27615 77757 18369 50211 19726 16567 53688 57621 51645 43126 43214
1978 I 43292 41085 37814 42681 33368 32791 27888 77607 18655 50464 20191 17679 53775 57823 51657 43181 43422 II 44995 41963 38899 43324 35659 35171 30240 85196 20112 52888 22295 17735 55227 59202 53172 44895 45036 III 45436 42139 38931 43634 36760 36182 31320 90815 20535 53623 22540 17966 55667 59411 53768 45306 45509 IV 46037 42478 39370 43862 37596 36953 32353 94614 21119 53434 23434 18213 56172 59932 54268 45888 46168
196 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1979 I 46114 42693 39340 44308 37590 37234 33057 94087 21884 52185 23454 18163 55667 60013 53375 46033 46256 II 46158 42668 39008 44584 37503 36945 32958 95449 21621 51211 23516 18261 56255 60755 53869 46031 46358 III 46489 43087 39657 44762 36773 37616 33985 99899 22115 50602 24363 17982 56337 60661 54066 46699 46794 IV 46617 43202 39489 45148 36089 37265 34070 102958 21825 48691 25896 18375 56704 60647 54683 46912 46916
1980 I 46767 43127 39289 45199 35827 36739 34444 104548 22009 44965 26619 18389 57616 62588 54936 47003 47077 II 45809 42148 37670 44894 32595 33543 32696 102253 20527 36646 27120 17054 57795 64162 54218 46081 46076 III 45724 42600 38057 45391 30110 33874 32942 102762 20716 37273 27063 15828 56998 63297 53456 46682 45956 IV 46569 43168 38490 46070 33172 35220 33635 105785 21049 40915 26899 16677 56940 63511 53223 47099 46687
1981 I 47537 43404 39043 45985 36468 35478 34177 105721 21613 40183 27407 17389 57696 64826 53623 47331 47679 II 47158 43404 38731 46289 34732 35712 34866 109705 21813 38821 27555 17416 57825 66761 52596 47425 47273 III 47731 43580 39122 46250 36888 35716 35715 112472 22329 35826 26969 17217 57694 66689 52427 47480 47871 IV 47136 43250 38423 46287 35457 35586 36574 120746 22130 32157 27094 17711 58225 67403 52844 47200 47343
1982 I 46363 43530 38808 46457 31763 34507 35709 116906 21735 30303 25919 17206 58167 67508 52680 47067 46545 II 46614 43686 38799 46762 31735 33301 34432 113096 20906 29347 26075 16925 58506 68120 52846 47047 46860 III 46434 44021 39005 47202 31365 32373 33269 106861 20524 29254 24920 17710 58906 69141 52850 46739 46590 IV 46471 44824 39792 47992 28572 32321 32600 104435 20150 31396 23779 17015 59923 71185 53217 47431 46608
1983 I 47049 45263 40000 48622 29589 33027 31990 100175 20082 36747 24163 17405 60373 72042 53408 47932 47176 II 48106 46162 41179 49243 32445 34302 32381 95420 21114 41100 24236 18743 60889 73574 53279 48611 48257 III 49055 46978 42093 49949 34626 36352 33845 97652 22342 45171 24601 20203 61946 75639 53700 49512 49208 IV 50069 47723 43084 50458 38272 38482 36037 100370 24262 47080 25097 21194 60899 72990 53667 50163 50234
1984 I 51040 48132 43667 50707 42278 39689 37212 106076 24734 48388 25622 22897 61512 73614 54281 50498 51157 II 51921 48820 44641 51134 43704 41321 39062 111401 25957 49283 26259 23857 62838 75924 54984 51424 52034 III 52426 49197 44669 51801 44720 42202 40349 114917 26832 48810 26839 24474 63302 75634 55942 51898 52530 IV 52853 49845 45367 52391 43986 42960 41322 116107 27691 48861 27384 25191 64659 78144 56569 52655 52898
1985 I 53351 50690 46067 53338 42536 43292 41802 121028 27531 48709 27403 24635 65400 78977 57256 53547 53301 II 53803 51152 46488 53822 43270 43836 42397 120962 28166 49098 27304 25846 66867 80904 58439 53955 53773 III 54644 52124 47727 54546 42792 43483 41749 118457 27824 49722 26904 25596 68603 83617 59565 54831 54541 IV 55058 52238 47442 54985 44465 44304 42465 119932 28376 50904 27714 26599 69013 83585 60258 55056 54988
1986 I 55587 52674 48163 55175 44373 44368 41882 116932 28169 53080 28590 26575 69759 83141 61759 55622 55470 II 55811 53235 49019 55487 43389 44262 40834 105913 28574 56026 28901 27707 71242 85792 62514 56042 55605 III 56349 54166 50538 55935 42028 44013 40236 102136 28461 56889 29562 28475 72854 89039 63114 56831 56166 IV 56621 54492 50506 56538 42094 44306 40650 102760 28813 56787 30663 28694 72436 87657 63290 57153 56356
1987 I 56935 54409 49473 57205 43380 43428 39532 100357 27965 56637 30686 28522 72732 88179 63449 57000 56689 II 57540 55138 50421 57748 43440 44205 40479 101537 28804 56886 31904 29234 73192 89403 63446 57760 57338 III 58040 55753 51179 58240 43484 45146 41783 105766 29599 56714 33279 29802 73194 89498 63393 58450 57827 IV 59033 55887 50721 58835 46875 45140 41686 107774 29213 56992 34509 30487 74080 90829 64012 58713 58834
1988 I 59338 56820 51918 59545 44234 45081 42007 103705 30124 55759 36421 30345 73721 88361 64922 59581 59200 II 60100 57233 52188 60060 45310 45963 43039 105858 30919 56201 37429 29996 73914 87461 65773 60299 59929 III 60410 57684 52178 60858 45601 46140 43265 104428 31364 56236 38123 30704 73871 86806 66099 60586 60209 IV 61217 58364 53005 61412 46205 46603 43721 104166 31890 56730 39287 31640 75372 89413 66939 61364 61035
1989 I 61792 58578 53079 61728 47975 47067 44460 105845 32442 56358 40442 31786 74909 87583 67290 61660 61600 II 62254 58840 53378 61958 47415 47131 45092 104650 33297 54689 42202 31937 76069 89554 67965 62259 62048 III 62748 59450 54147 62437 46858 47951 46384 108318 34153 54093 42664 31893 76786 90416 68595 63043 62560 IV 62885 59741 53967 63081 46377 47162 45700 107653 33513 52957 43335 32471 77194 89962 69512 63122 62761
1990 I 63542 60214 54691 63356 46833 47748 46307 110021 33819 53496 45229 33500 78385 91312 70609 63807 63391 II 63794 60412 54105 64146 46846 46644 45507 109482 33032 51438 45843 33444 78501 91421 70730 63834 63652 III 63793 60642 53978 64639 45744 46140 45797 109081 33405 48516 46178 33310 78478 90605 71172 63960 63597 IV 63234 60170 53127 64461 42851 44826 44922 104163 33190 45828 46565 32416 79257 91401 71939 63733 63287
1991 I 62928 59998 52671 64505 41106 43291 43763 101920 32266 43102 46899 32047 79579 92110 72031 63478 62851 II 63353 60456 52966 65076 40900 43226 43343 99143 32224 44120 48587 32617 79857 92371 72317 63935 63155 III 63620 60687 53285 65237 41918 43370 42933 92709 32744 45949 49700 33535 79478 90650 72733 64023 63385 IV 63869 60659 52695 65624 43523 43452 42707 90827 32781 46957 50833 34275 79144 88871 73258 63965 63713
1992 I 64570 61703 53888 66542 42555 43902 42515 89684 32744 49352 51739 34525 79745 88899 74201 64953 64404 II 65256 62068 54163 66969 45358 45628 44201 89690 34575 51240 51741 35092 79651 88810 74106 65418 65080 III 65930 62755 54755 67714 45827 46321 45094 90466 35430 51358 52865 35646 80060 89824 74153 66137 65715 IV 66623 63520 55480 68499 47277 47764 46451 91574 36743 53102 53135 36499 80083 89870 74165 66825 66413
1993 I 66746 63778 55695 68783 48388 48042 46746 89242 37427 53344 53255 37289 79239 87106 74467 66781 66610 II 67173 64390 56587 69188 48768 49117 47990 89101 38816 53972 53907 38060 79180 85876 75107 67341 66965 III 67526 65089 57172 69960 48734 49988 48525 89531 39338 55835 53731 38561 79101 84970 75523 67869 67374 IV 68418 65668 57900 70427 51306 52208 50562 91200 41324 58647 55450 40110 79491 85415 75880 68682 68105
197 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1994 I 69084 66399 58881 70976 53519 52902 51065 87474 42484 59891 55981 41045 78480 82358 76093 69050 68835 II 70029 66892 59404 71441 56639 54174 52097 92472 42818 61875 57827 42574 78810 81893 76899 69631 69732 III 70480 67427 59956 71961 55621 54712 53073 92365 43922 61199 60036 43772 80192 84140 77761 70386 70156 IV 71263 68093 61103 72286 58214 56210 55424 93307 46393 60397 61365 45003 79500 81830 78034 70951 70928
1995 I 71438 68172 60799 72630 58805 57493 57689 95652 48538 59055 62493 45990 79816 81630 78659 71254 71195 II 71591 68731 61209 73287 57224 57275 58089 97565 48660 57157 63354 46427 80083 81307 79279 71675 71373 III 72193 69346 61950 73809 56673 58031 58479 98275 48977 58924 66110 46587 79907 80754 79329 72529 71833 IV 72696 69833 62535 74226 58269 59241 59655 97447 50456 60261 67064 47182 79013 77722 79720 72952 72441
1996 I 73194 70472 63036 74953 59036 60738 61136 99185 51830 61845 67909 48716 79519 79341 79556 73582 72995 II 74460 71269 64265 75451 62094 62713 62893 101358 53442 64457 69047 49806 80661 80472 80706 74636 74167 III 75107 71696 64722 75854 65225 64164 64986 102607 55606 64280 69606 51421 80583 79053 81434 74962 74778 IV 75927 72280 65507 76301 65048 65236 66744 107828 56653 63615 73969 52436 81266 78825 82662 76014 75640
1997 I 76511 73008 66391 76921 66567 66510 68447 108777 58432 63831 75378 54675 81411 77764 83534 76548 76139 II 77646 73304 66340 77443 70817 67943 70146 107813 60580 64638 78363 56511 82116 79142 83832 77157 77338 III 78620 74550 68075 78364 72076 70560 73722 111880 63946 64935 80184 58593 82208 78884 84135 78375 78232 IV 79223 75403 69005 79162 73227 71166 74315 112649 64486 65601 80038 59858 82344 78776 84419 78879 78772
1998 I 79972 76153 69541 80042 76723 73308 76885 111433 67764 66771 80415 62103 81849 76319 85101 79375 79596 II 80691 77463 71369 81018 75805 75863 79699 117435 69840 68778 79488 63526 83628 78419 86686 80716 80286 III 81756 78491 72458 82003 77977 77307 80900 117481 71257 70842 79119 64382 84402 77767 88313 81647 81222 IV 83171 79694 74671 82574 80485 79670 83570 117294 74486 72538 82103 66465 85157 78529 89063 83032 82643
1999 I 83912 80480 75597 83271 83019 81148 85509 116811 76910 72969 81472 68158 85593 78010 90065 83578 83482 II 84568 81747 77386 84213 82729 83047 87906 115395 80111 73755 82409 70330 85950 78009 90636 84619 84178 III 85643 82729 78318 85224 84805 84979 90432 115306 83187 74367 84570 72881 87061 79646 91435 85664 85217 IV 87181 83896 79680 86269 87814 85457 90714 116684 83219 75278 86689 74629 88438 81416 92579 86758 86836
2000 I 87409 85169 80896 87574 86586 87955 94085 118937 86812 75867 88184 77656 87714 78194 93332 87633 87021 II 89114 85969 81340 88591 92581 90167 97556 123869 89896 75349 90688 80023 88884 81324 93347 88669 88743 III 89189 86811 82208 89413 91135 90487 98638 128533 90113 74027 92900 82818 88604 79747 93827 89054 88779 IV 89717 87579 82942 90197 91181 90764 99027 129064 90460 74091 92168 82757 88874 79379 94470 89625 89518
2001 I 89422 87928 83159 90621 86364 90227 98096 125506 90180 74430 90960 81550 90188 81069 95564 90079 89102 II 90009 88260 83398 91006 86084 88816 95517 125954 86853 75477 87991 79121 92061 82805 97518 90477 89755 III 89760 88648 84025 91251 84259 87875 93924 126665 84670 75885 83462 77205 91893 83361 96931 90385 89310 IV 90074 90036 87088 91657 79386 85649 90921 114639 84048 75240 81109 76285 93525 84368 98931 91169 90163
2002 I 90844 90347 86914 92251 82028 84863 88755 108414 82967 77249 82405 78196 94958 86376 100030 91352 90591 II 91327 90806 87328 92738 83018 84535 87330 102546 82740 79143 84641 80837 95870 88372 100302 91611 90915 III 91790 91422 88451 93063 83230 84429 86944 97994 83495 79604 85231 82170 96646 89772 100711 92022 91499 IV 91821 91746 88701 93428 83242 83820 85419 96553 81954 80820 84363 83647 97293 91289 100848 91950 91679
2003 I 92204 92210 89300 93811 83343 83937 85193 95591 81943 81601 83584 82638 97091 91315 100511 92337 91940 II 92986 93123 90947 94312 83865 86121 87543 98449 84144 83454 83313 83817 98534 95718 100201 93396 92830 III 94516 94377 93368 94921 86932 88919 89572 98237 86818 87708 85575 84803 98824 95812 100608 94875 94345 IV 95371 94890 93945 95399 90222 90584 90851 97780 88603 90085 89585 87966 98895 96511 100310 95451 95408
2004 I 95999 95730 94926 96164 90693 90405 90128 97210 87837 90898 91717 90207 99366 97749 100325 95972 96178 II 96617 96155 95138 96707 94634 93193 92565 98337 90666 94318 93154 93828 99730 98304 100575 96384 96580 III 97336 96996 96303 97372 95849 95158 95089 99325 93663 95274 93845 95199 100094 100010 100140 97226 97379 IV 98133 98044 97584 98293 97820 96765 97178 99414 96385 96030 95993 97613 99482 98778 99895 97957 97960
2005 I 99145 98825 98656 98917 99893 97949 98055 101195 96951 97776 97786 98181 99577 99190 99806 98816 99240 II 99586 99803 100017 99689 98113 99692 99498 100812 99015 100050 99885 99265 99685 99286 99922 99858 99588 III 100377 100561 100786 100439 99207 100977 100921 98696 101699 101075 99909 99876 100590 101608 99995 100680 100446 IV 100892 100811 100541 100955 102787 101381 101526 99297 102334 101099 102420 102677 100147 99915 100277 100646 100726
2006 I 102166 101843 102277 101612 104330 103749 105886 103696 106721 100024 106411 104622 101147 102763 100205 102059 102001 II 102581 102457 102633 102362 104183 103277 107797 109068 107314 95488 108200 105792 101232 101887 100851 102420 102370 III 102594 103071 103502 102841 102714 101952 108938 111771 107855 89974 108360 107058 101386 101792 101149 102464 102276 IV 103292 104030 104875 103582 99741 100520 109488 112185 108471 85182 112904 106924 101670 102066 101437 103438 103044
2007 I 103432 104608 105555 104107 98750 100223 111223 115080 109728 81458 114672 108480 101552 100828 101960 103700 103164 II 104362 105010 106055 104457 100953 101096 114118 122401 110781 78890 116571 109019 102401 102582 102288 104399 104153 III 105125 105472 106845 104750 100184 100749 116631 129246 111475 73635 120910 109282 103292 104950 102334 105240 105391 IV 105569 105783 107121 105081 97759 99491 118185 131584 112690 67531 124281 107828 103606 105236 102661 105894 106218
2008 I 105101 105515 105599 105465 94633 97363 117944 131860 112220 62104 125966 108203 104391 107703 102501 105606 105595 II 105447 105478 105719 105344 93176 96078 117269 134869 109945 59721 129793 107511 104838 108996 102473 105988 105947 III 104468 104458 103615 104884 89061 92989 114238 133594 106148 56484 128631 105698 105941 112058 102490 105190 105089 IV 102064 103096 100171 104576 80314 86480 107050 130057 97330 51072 121112 101518 106356 114518 101776 103181 102137
2009 I 100697 102681 100211 103924 69786 79032 98291 118743 89688 45843 111295 91526 106825 113639 102992 102365 100781 II 100618 102224 99684 103494 64480 75092 93667 108062 87704 43058 111460 87652 109307 117333 104794 102521 100681 III 100980 102757 101506 103385 64208 74501 91786 99980 88474 44799 115116 91196 110312 119129 105359 102826 101378 IV 101981 102747 101389 103429 70022 73352 90285 91848 89777 44257 121467 95312 110602 120352 105128 102682 102472
2010 I 102572 103377 102691 103729 73259 73180 90749 86033 92913 42934 123231 97689 109727 120535 103665 102718 103159 II 103142 104042 103531 104310 75792 75696 93411 88731 95582 45223 126079 102286 110498 123355 103292 103280 103902 III 103807 104685 104499 104795 78722 75515 95162 88245 98309 41570 129030 105672 110416 124468 102544 103440 104567 IV 104423 105736 106495 105380 77535 76913 97269 90222 100486 41720 132151 105680 109179 123172 101342 104475 105142
2011 I 104443 106559 107915 105903 76492 76660 96954 83055 103161 41577 134004 106787 107210 119864 100117 104624 105300 II 105084 106812 107655 106412 78778 78942 100297 89561 105120 41994 135352 106816 106985 120681 99317 105258 106022 III 105418 107251 108021 106886 79906 81835 104746 93866 109637 42139 137379 108037 106189 119351 98818 105871 106404 IV 106481 107790 109462 106970 85959 83807 107156 96449 111972 43361 137871 109345 105604 118024 98643 106271 107490
2012 I 106999 108443 110722 107318 87241 85785 109108 99421 113460 45433 139356 110179 104804 116751 98103 106897 107655 II 107408 108843 110922 107817 89029 87074 110536 99638 115439 46502 141176 111785 104425 116647 97574 107222
198 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1929 10593 10517 16312 7786 11298 15049 4650 24602 5275 15659 11318 6389 6924 4809 10362 10580 10614 10601 1930 10184 10073 15445 7563 10836 14344 4402 23616 5161 14177 9651 6192 6617 4675 9935 10172 10226 10213 ndash39 ndash41 ndash39 1931 9172 8995 13318 7031 10022 13354 4027 22385 4672 11155 7799 5880 6566 4395 8960 9162 9169 9159 ndash99 ndash98 ndash99 1932 8129 7934 11477 6352 8854 12089 3495 21113 3808 9675 6252 5352 6253 3956 7918 8120 8097 8088 ndash114 ndash116 ndash114 1933 7916 7652 11384 5953 8709 11882 3531 20284 3756 9674 5992 5511 6321 4096 7700 7908 7880 7872 ndash26 ndash28 ndash26 1934 8303 7999 12506 5876 9145 12297 3543 21428 4169 11218 6807 5929 6755 4420 8068 8296 8313 8306 49 48 49 1935 8468 8194 12834 6006 9188 12424 3708 21239 4109 11503 6920 5979 6834 4451 8226 8461 8482 8475 20 20 20 1936 8561 8268 12883 6103 9279 12404 3702 21206 4310 11891 7404 6159 7463 4432 8328 8553 8573 8565 11 12 11 1937 8876 8570 13347 6330 10084 13443 4206 22419 4728 12681 8263 6290 7584 4541 8651 8866 8944 8934 37 39 37 1938 8708 8376 12808 6336 10221 13548 4126 22959 4877 12095 7636 6303 7713 4505 8478 8697 8684 8673 ndash19 ndash20 ndash19 1939 8599 8295 12616 6319 10166 13404 4081 22717 4910 11932 8014 6201 7568 4441 8389 8586 8599 8586 ndash13 ndash10 ndash13 1940 8674 8365 12728 6369 10423 13712 4147 23325 5057 12942 8549 6129 7270 4480 8450 8661 8700 8687 09 07 09 1941 9239 8883 13770 6594 11193 14614 4438 24809 5524 14130 9029 6507 7651 4781 8988 9226 9285 9271 65 64 65 1942 10000 9989 16045 7059 12272 16154 4951 27285 5935 17073 10342 6539 7506 5284 9709 9984 10014 9998 82 80 82 1943 10562 10907 17888 7500 12808 16675 5381 27428 6424 18676 11132 6645 7577 5675 10253 10544 10556 10537 56 56 56 1944 10815 11534 19078 7845 13239 17011 5500 27955 7048 21035 11693 6559 7444 5895 10486 10795 10807 10787 24 23 24 1945 11091 11995 19950 8101 13658 17446 5744 28427 7524 20862 12021 6633 7512 6090 10764 11072 11093 11074 26 27 26 1946 12369 12831 21473 8593 15061 19298 6433 31118 8169 20164 13403 8213 9584 6654 12081 12353 12410 12394 115 122 116 1947 13743 14132 24057 9220 17688 22449 7798 35253 9784 23413 16058 8875 10168 7466 13414 13727 13755 13739 111 110 111 1948 14522 14932 25478 9706 19198 24383 8675 37794 10606 24661 17451 9218 10074 8346 14192 14506 14526 14510 57 58 57 1949 14515 14818 24887 9872 19572 24948 8645 39253 10747 23190 16633 9482 10503 8418 14210 14497 14499 14481 00 01 ndash01 1950 14628 14996 24968 10125 20006 25459 8753 40238 11012 22583 17667 9488 10442 8494 14373 14610 14656 14638 08 11 08 1951 15635 16016 26981 10624 21733 27902 9761 43656 11801 25515 21353 10118 10898 9365 15402 15614 15712 15690 69 72 69 1952 15976 16345 27241 11012 22264 28534 10021 44539 12125 25670 20580 10321 11005 9768 15709 15954 15982 15960 22 20 22 1953 16178 16563 27117 11440 22449 28790 10217 44647 12212 25598 19696 10429 11080 9958 15881 16157 16174 16153 13 11 13 1954 16342 16704 27016 11728 22619 29066 10093 45718 12261 25250 19965 10650 11337 10123 16059 16321 16322 16301 10 11 10 1955 16576 16772 26857 11930 22989 29462 10295 46151 12516 25466 19858 11093 11947 10320 16280 16557 16601 16582 14 14 14 1956 17148 17108 27314 12217 24341 31782 11176 49581 12835 26318 20208 11716 12562 10981 16831 17128 17170 17150 35 34 34 1957 17749 17628 28168 12574 25187 33406 11655 52392 12868 27316 20438 12234 13125 11456 17400 17727 17741 17720 35 34 35 1958 18157 18043 28809 12882 25249 33570 11468 53415 12836 27039 19589 12602 13663 11608 17779 18136 18139 18118 23 22 23 1959 18363 18314 28957 13229 25488 34011 11530 54395 12875 27094 19766 12653 13564 11851 17987 18344 18355 18336 11 12 11 1960 18620 18615 29184 13580 25624 34165 11516 54845 12962 27474 19955 12809 13677 12066 18235 18601 18612 18592 14 14 14 1961 18830 18810 29294 13826 25543 33970 11446 54544 12983 27892 19955 13065 13908 12357 18428 18811 18821 18802 11 11 11 1962 19087 19032 29444 14089 25559 33975 11537 54274 13003 27961 19720 13398 14202 12743 18670 19069 19078 19060 14 13 14 1963 19290 19254 29689 14305 25485 33971 11636 53975 12901 27898 20102 13690 14506 13028 18887 19273 19281 19264 11 12 11 1964 19589 19536 30013 14572 25640 34142 11801 53952 13003 28128 20526 14070 14995 13293 19191 19572 19580 19563 16 16 16 1965 19945 19819 30328 14845 26077 34532 12143 54001 13372 29023 20812 14444 15379 13662 19524 19929 19936 19920 18 17 18 1966 20511 20322 30996 15276 26626 35047 12580 54144 13857 29900 21297 15044 15914 14334 20071 20495 20502 20486 28 28 28 1967 21142 20834 31542 15785 27372 35939 12973 55344 14339 31045 21379 15671 16386 15137 20654 21126 21133 21116 31 29 31 1968 22040 21645 32642 16467 28472 37203 13621 56831 15100 31723 21704 16520 17287 15945 21526 22024 22031 22015 42 42 43 1969 23130 22626 33907 17324 29877 38740 14518 58411 16144 32796 22270 17517 18226 17013 22582 23112 23119 23101 49 49 49 1970 24349 23685 35200 18285 31162 40571 15473 60560 16666 34053 23587 18945 19699 18411 23798 24331 24338 24320 53 54 53 1971 25567 24692 36258 19284 32731 42479 16664 62360 17632 35310 25035 20421 21383 19720 25021 25549 25554 25537 50 51 50 1972 26670 25536 37186 20102 34135 43914 17863 63112 18703 36956 26789 21989 23471 20896 26134 26652 26657 26639 43 44 43 1973 28148 26913 39404 21077 36020 45605 19247 64184 20359 41816 31446 23594 25080 22495 27647 28134 28136 28121 55 58 56 1974 30695 29716 44322 22866 39568 50008 21910 68917 22460 51517 44989 25977 27315 24970 30484 30674 30690 30669 90 103 90 1975 33606 32198 47903 24834 44525 56893 24534 79100 24547 56781 48734 28586 30158 27410 33328 33584 33591 33570 95 93 95 1976 35535 33966 49777 26556 47106 60048 25741 83754 26124 58645 50201 30469 32302 29114 35238 35518 35519 35502 57 57 58 1977 37796 36171 52435 28558 50803 64157 27973 88730 28759 61033 54624 32583 34742 31005 37617 37780 37783 37767 64 68 64 1978 40447 38705 55653 30777 55094 68453 30675 93412 32281 64752 58482 34670 36888 33042 40286 40432 40435 40419 70 71 70 1979 43811 42137 60916 33350 60088 74013 34238 99335 35902 72545 68483 37575 39727 35976 43833 43795 43798 43782 83 88 83 1980 47817 46663 67737 36802 65710 80541 37421 107819 39789 79903 85301 41669 43900 40002 48448 47794 47791 47769 91 105 91 1981 52326 50833 72769 40555 71816 88316 42567 115524 43036 85810 89886 45768 48165 43975 52909 52306 52270 52251 94 92 94 1982 55514 53640 74753 43709 75747 93181 45927 120030 45340 86204 86855 48775 51434 46786 55906 55493 55459 55438 61 57 61 1983 57705 55948 76102 46429 75628 92350 44757 120284 46380 86544 83601 50717 53218 48857 57865 57687 57652 57635 39 35 40 1984 59874 58065 77541 48846 76070 92127 45147 119234 47713 87347 82879 53319 56358 51034 59904 59856 59817 59800 38 35 38 1985 61686 59965 78785 51049 77028 92850 46219 119090 48944 84674 80157 54974 57635 53002 61605 61672 61628 61614 30 28 30 1986 63057 61427 78417 53375 78870 94427 47106 120976 50994 83406 80154 55977 57938 54577 63000 63039 62991 62973 22 23 22 1987 64818 63618 80939 55409 80332 95275 47863 121637 53079 85516 85008 57541 58642 56849 64978 64803 64819 64804 28 31 28 1988 67047 66151 83072 58123 82415 97392 49895 123155 54913 89945 89074 59074 59884 58621 67215 67032 67046 67031 34 34 34 1989 69579 69025 86268 60840 84410 99435 51848 124695 56680 91443 91021 60924 61504 60654 69765 69572 69577 69570 38 38 38 1990 72274 72180 89801 63808 86125 101339 53522 126310 58011 92063 93630 63405 63548 63474 72601 72272 72262 72260 39 41 39 1991 74826 74789 91996 66581 87404 102906 54491 128112 58771 93283 92848 65606 66070 65443 74980 74821 74824 74819 35 33 35 1992 76602 76989 93106 69236 87152 102048 54502 126605 59486 92904 92922 67276 68101 66856 76788 76590 76598 76586 24 24 24 1993 78288 78679 93915 71294 88163 102100 56103 125322 61890 92879 92210 68949 69830 68494 78404 78289 78290 78291 22 21 22 1994 79935 80302 94870 73200 89352 102592 58089 124604 64069 93914 93075 70819 71725 70351 80029 79937 79940 79942 21 21 21
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
191 August 2012 SURVEY OF CURRENT BUSINESS
Table 2A Real Gross Domestic ProductmdashContinues [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1977 I 52473 34897 6438 2570 3329 12610 ndash713 52382 53384 53294 53061 47 38 70 61 52 II 53516 35090 6936 2639 3359 12741 ndash531 53224 54364 54072 54092 82 66 75 60 80 III 54473 35425 7314 2660 3312 12765 ndash379 53784 55225 54533 55043 74 43 65 34 72 IV 54461 35959 7108 2574 3359 12723 ndash544 54223 55419 55180 54969 ndash01 33 14 48 ndash05
1978 I 54647 36169 7249 2635 3585 12744 ndash565 54292 55835 55479 55234 14 05 30 22 19 II 56797 36942 7746 2910 3596 13088 ndash293 56446 57569 57216 57287 167 168 130 131 157 III 57354 37097 7985 2942 3643 13193 ndash220 56964 58143 57751 57888 40 37 40 38 43 IV 58113 37396 8167 3058 3693 13312 ndash127 57695 58788 58368 58726 54 52 45 43 59
1979 I 58210 37585 8166 3061 3683 13192 ndash111 57878 58864 58529 58838 07 13 05 11 08 II 58264 37563 8147 3069 3703 13332 ndash144 57875 58935 58543 58968 04 00 05 01 09 III 58683 37932 7988 3179 3646 13351 ndash121 58714 59085 59113 59523 29 59 10 39 38 IV 58845 38033 7839 3380 3726 13438 ndash119 58982 59049 59182 59678 11 18 ndash02 05 10
1980 I 59034 37967 7783 3474 3729 13654 ndash115 59096 59093 59151 59883 13 08 03 ndash02 14 II 57824 37105 7081 3539 3458 13697 ndash140 57938 57321 57428 58609 ndash79 ndash76 ndash115 ndash112 ndash82 III 57717 37503 6541 3532 3210 13508 ndash157 58693 56791 57746 58456 ndash07 53 ndash36 22 ndash10 IV 58784 38003 7206 3510 3382 13494 ndash47 59218 58185 58606 59386 76 36 102 61 65
1981 I 60006 38211 7922 3577 3526 13673 149 59509 59534 59037 60648 86 20 96 30 88 II 59527 38211 7545 3596 3532 13704 03 59627 59038 59131 60132 ndash32 08 ndash33 06 ndash34 III 60250 38366 8013 3520 3491 13673 169 59696 59809 59255 60893 49 05 53 08 52 IV 59500 38076 7702 3536 3591 13799 ndash22 59344 59206 59047 60221 ndash49 ndash23 ndash40 ndash14 ndash43
1982 I 58523 38322 6900 3383 3489 13785 ndash378 59177 58315 58958 59206 ndash64 ndash11 ndash59 ndash06 ndash66 II 58840 38459 6894 3403 3432 13865 ndash349 59152 58508 58812 59606 22 ndash02 13 ndash10 27 III 58614 38754 6813 3252 3591 13960 ndash574 58765 58766 58912 59263 ndash15 ndash26 18 07 ndash23 IV 58660 39461 6207 3103 3450 14201 ndash862 59635 58828 59794 59286 03 61 04 61 02
1983 I 59389 39848 6428 3153 3529 14308 ndash819 60265 59602 60469 60008 51 43 54 46 50 II 60724 40639 7048 3163 3801 14430 ndash755 61118 61317 61706 61383 93 58 120 84 95 III 61922 41357 7522 3211 4097 14680 ndash751 62252 62869 63196 62593 81 76 105 100 81 IV 63202 42013 8314 3275 4298 14432 ndash534 63070 64336 64203 63899 85 54 97 65 86
1984 I 64428 42373 9184 3344 4643 14578 ndash408 63492 65944 65010 65072 80 27 104 51 76 II 65540 42979 9494 3427 4838 14892 ndash414 64656 67204 66321 66188 71 75 79 83 70 III 66177 43311 9714 3503 4963 15002 ndash390 65252 67903 66979 66819 39 37 42 40 39 IV 66716 43881 9555 3574 5108 15323 ndash509 66203 68537 68026 67287 33 60 38 64 28
1985 I 67345 44625 9240 3576 4996 15499 ndash599 67325 69016 68997 67800 38 70 28 58 31 II 67915 45032 9399 3563 5241 15847 ndash685 67838 69926 69851 68400 34 31 54 50 36 III 68976 45887 9296 3511 5190 16258 ndash786 68940 70995 70961 69376 64 67 63 65 58 IV 69500 45988 9659 3617 5394 16355 ndash725 69221 71640 71365 69945 31 17 37 23 33
1986 I 70168 46372 9639 3731 5389 16532 ndash717 69934 72146 71915 70559 39 42 29 31 36 II 70450 46866 9425 3772 5618 16883 ndash878 70461 72669 72684 70730 16 31 29 43 10 III 71129 47685 9130 3858 5774 17266 ndash1036 71453 73431 73759 71443 39 58 43 61 41 IV 71473 47972 9144 4002 5819 17166 ndash992 71858 73641 74030 71685 19 23 12 15 14
1987 I 71869 47899 9423 4005 5784 17237 ndash911 71666 73988 73789 72109 22 ndash11 19 ndash13 24 II 72633 48540 9436 4164 5928 17346 ndash925 72622 74729 74721 72935 43 54 41 51 47 III 73263 49082 9446 4343 6043 17346 ndash911 73489 75273 75501 73556 35 49 29 42 35 IV 74517 49200 10183 4504 6182 17556 ndash744 73820 76494 75802 74838 70 18 67 16 71
1988 I 74902 50022 9609 4753 6153 17471 ndash800 74911 76510 76520 75303 21 60 01 38 25 II 75864 50385 9843 4885 6083 17517 ndash683 75814 77199 77149 76231 52 49 36 33 50 III 76256 50783 9906 4975 6226 17507 ndash689 76174 77659 77578 76586 21 19 24 22 19 IV 77274 51381 10037 5127 6416 17862 ndash717 77153 78722 78603 77637 55 52 56 54 56
1989 I 77999 51569 10422 5278 6446 17752 ndash576 77525 79286 78813 78356 38 19 29 11 38 II 78583 51800 10300 5508 6476 18028 ndash577 78278 79604 79299 78926 30 39 16 25 29 III 79206 52337 10179 5568 6467 18197 ndash608 79264 80135 80192 79577 32 51 27 46 33 IV 79379 52593 10074 5656 6584 18294 ndash654 79363 80344 80327 79833 09 05 10 07 13
1990 I 80208 53009 10173 5903 6793 18576 ndash660 80224 81122 81137 80635 42 44 39 41 41 II 80527 53184 10176 5983 6782 18604 ndash638 80259 81323 81054 80966 16 02 10 ndash04 17 III 80526 53386 9937 6027 6754 18598 ndash668 80417 81233 81123 80896 00 08 ndash04 03 ndash03 IV 79820 52970 9308 6077 6573 18783 ndash745 80132 80234 80541 80501 ndash35 ndash14 ndash48 ndash28 ndash19
1991 I 79434 52820 8929 6121 6498 18859 ndash797 79811 79701 80075 79947 ndash19 ndash16 ndash26 ndash23 ndash27 II 79970 53222 8885 6341 6614 18925 ndash789 80385 80108 80519 80334 27 29 21 22 19 III 80307 53426 9106 6486 6800 18835 ndash746 80496 80494 80681 80626 17 06 19 08 15 IV 80622 53402 9454 6634 6950 18756 ndash674 80423 80810 80609 81044 16 ndash04 16 ndash04 21
1992 I 81507 54320 9244 6752 7001 18899 ndash707 81666 81611 81766 81923 45 63 40 59 44 II 82373 54642 9853 6753 7116 18876 ndash635 82250 82614 82489 82783 43 29 50 36 43 III 83223 55246 9955 6899 7228 18973 ndash622 83154 83421 83348 83591 42 45 40 42 40 IV 84098 55920 10270 6934 7401 18979 ndash604 84019 84461 84378 84478 43 42 51 50 43
1993 I 84253 56147 10511 6950 7561 18779 ndash573 83964 84787 84496 84728 07 ndash03 16 06 12 II 84792 56686 10594 7035 7718 18765 ndash570 84668 85409 85283 85180 26 34 30 38 21 III 85238 57301 10586 7012 7819 18746 ndash588 85332 86002 86094 85701 21 32 28 39 25 IV 86364 57811 11145 7237 8134 18839 ndash534 86354 87229 87218 86630 54 49 58 53 44
See the note at the end of the table
192 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashTable Ends [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1994 I 87205 58455 11626 7306 8323 18599 ndash458 86816 88208 87819 87559 40 22 46 28 44 II 88398 58888 12304 7547 8633 18677 ndash385 87547 89477 88626 88700 56 34 59 37 53 III 88967 59360 12082 7835 8876 19005 ndash439 88496 89990 89518 89240 26 44 23 41 25 IV 89955 59946 12646 8009 9126 18841 ndash361 89207 91065 90317 90221 45 32 49 36 45
1995 I 90176 60016 12774 8156 9326 18916 ndash360 89587 91346 90757 90561 10 17 12 20 15 II 90370 60508 12431 8268 9415 18979 ndash401 90117 91511 91257 90787 09 24 07 22 10 III 91129 61049 12311 8628 9447 18937 ndash349 91190 91883 91942 91373 34 49 16 30 26 IV 91764 61478 12658 8752 9568 18725 ndash281 91722 92514 92469 92146 28 24 28 23 34
1996 I 92393 62040 12824 8862 9879 18845 ndash299 92514 93373 93493 92850 28 35 38 45 31 II 93990 62742 13489 9011 10100 19116 ndash268 93840 95052 94900 94341 71 59 74 62 66 III 94808 63118 14169 9084 10427 19097 ndash233 94250 96157 95597 95119 35 18 47 30 33 IV 95843 63632 14130 9653 10633 19259 ndash198 95572 96780 96508 96214 44 57 26 39 47
1997 I 96580 64273 14460 9837 11087 19294 ndash197 96244 97815 97477 96850 31 28 43 41 27 II 98012 64533 15383 10227 11459 19460 ndash132 97010 99220 98217 98374 61 32 59 31 64 III 99242 65630 15657 10464 11881 19482 ndash110 98541 100642 99940 99513 51 65 59 72 47 IV 100003 66381 15907 10445 12138 19515 ndash107 99175 101698 100867 100198 31 26 43 38 28
1998 I 100948 67041 16666 10495 12593 19397 ndash58 99798 103066 101912 101247 38 25 55 42 43 II 101856 68195 16467 10374 12882 19819 ndash117 101484 104404 104034 102125 36 69 53 86 35 III 103200 69099 16939 10326 13055 20002 ndash111 102655 105983 105439 103315 54 47 62 55 47 IV 104986 70159 17484 10715 13478 20181 ndash75 104396 107791 107201 105122 71 70 70 69 72
1999 I 105921 70851 18034 10633 13821 20284 ndash60 105083 109163 108324 106190 36 27 52 43 41 II 106749 71966 17971 10755 14261 20369 ndash51 106391 110306 109950 107075 32 51 43 61 34 III 108107 72831 18422 11037 14779 20633 ndash37 107705 111893 111493 108397 52 50 59 57 50 IV 110048 73858 19076 11313 15133 20959 ndash25 109081 113910 112942 110456 74 52 74 53 78
2000 I 110336 74978 18809 11508 15747 20787 01 110182 114616 114464 110692 11 41 25 55 09 II 112488 75683 20111 11835 16227 21064 22 111484 116919 115916 112881 80 48 83 52 82 III 112583 76424 19797 12124 16794 20998 34 111968 117288 116674 112928 03 17 13 26 02 IV 113250 77100 19807 12029 16781 21062 33 112685 118041 117478 113868 24 26 26 28 34
2001 I 112878 77408 18761 11871 16537 21373 02 113256 117582 117964 113339 ndash13 20 ndash15 17 ndash18 II 113617 77700 18700 11483 16044 21817 ndash39 113757 118232 118375 114169 27 18 22 14 30 III 113304 78042 18303 10892 15656 21778 ndash55 113641 118141 118483 113603 ndash11 ndash04 ndash03 04 ndash20 IV 113700 79264 17245 10585 15469 22164 ndash89 114626 118676 119612 114688 14 35 18 39 39
2002 I 114671 79537 17819 10754 15857 22504 ndash86 114857 119855 120044 115233 35 08 40 15 19 II 115281 79941 18034 11046 16392 22720 ndash68 115182 120687 120590 115645 21 11 28 18 14 III 115866 80483 18080 11123 16662 22904 ndash62 115699 121459 121294 116387 20 18 26 24 26 IV 115906 80769 18083 11010 16962 23057 ndash51 115608 121899 121603 116617 01 ndash03 15 10 08
2003 I 116389 81177 18104 10908 16757 23009 ndash52 116096 122289 121997 116949 17 17 13 13 11 II 117375 81981 18218 10873 16996 23351 ndash52 117426 123546 123601 118081 34 47 42 54 39 III 119307 83085 18884 11168 17196 23420 ndash54 119286 125388 125370 120008 67 65 61 58 67 IV 120386 83537 19599 11691 17838 23437 ndash40 120011 126566 126191 121360 37 25 38 26 46
2004 I 121179 84276 19701 11970 18292 23549 ndash25 120665 127524 127010 122340 27 22 31 26 33 II 121959 84651 20557 12157 19026 23635 ndash15 121184 128833 128057 122851 26 17 42 33 17 III 122867 85391 20821 12247 19304 23721 ndash09 122242 129926 129301 123867 30 35 34 39 34 IV 123872 86313 21249 12528 19794 23576 00 123161 131136 130425 124607 33 30 38 35 24
2005 I 125150 87001 21700 12762 19909 23599 ndash03 124241 132297 131388 126234 42 36 36 30 53 II 125707 87862 21313 13036 20129 23624 01 125552 132799 132644 126677 18 43 15 39 14 III 126705 88529 21551 13039 20253 23839 00 126585 133918 133799 127769 32 33 34 35 35 IV 127356 88749 22328 13366 20821 23734 00 126542 134812 133999 128124 21 ndash01 27 06 11
2006 I 128964 89658 22663 13887 21215 23971 00 128319 136294 135650 129747 51 57 45 50 52 II 129487 90198 22631 14121 21452 23991 ndash02 128773 136821 136107 130216 16 14 16 14 15 III 129504 90739 22312 14142 21709 24027 ndash07 128828 137076 136400 130096 01 02 07 09 ndash04 IV 130384 91583 21667 14735 21682 24094 ndash13 130053 137333 137001 131073 27 39 07 18 30
2007 I 130561 92092 21451 14965 21998 24067 ndash16 130382 137594 137415 131226 05 10 08 12 05 II 131736 92445 21930 15213 22107 24268 ndash13 131262 138632 138158 132484 36 27 31 22 39 III 132698 92852 21763 15780 22160 24479 ndash16 132318 139083 138703 134058 30 33 13 16 48 IV 133260 93126 21236 16219 21865 24553 ndash09 133140 138901 138782 135110 17 25 ndash05 02 32
2008 I 132668 92891 20557 16439 21941 24739 ndash17 132778 138180 138288 134317 ndash18 ndash11 ndash21 ndash14 ndash23 II 133105 92858 20240 16939 21801 24845 24 133259 137945 138097 134766 13 15 ndash07 ndash05 13 III 131869 91960 19347 16787 21433 25107 101 132256 136465 136846 133674 ndash37 ndash30 ndash42 ndash36 ndash32 IV 128835 90760 17446 15806 20586 25205 204 129729 133533 134415 129919 ndash89 ndash74 ndash83 ndash69 ndash108
2009 I 127110 90395 15160 14525 18560 25316 274 128703 131037 132618 128195 ndash53 ndash31 ndash73 ndash52 ndash52 II 127010 89993 14007 14546 17774 25904 334 128900 130144 132023 128068 ndash03 06 ndash27 ndash18 ndash04 III 127467 90462 13948 15023 18493 26143 384 129283 130820 132623 128953 14 12 21 18 28 IV 128731 90454 15211 15852 19327 26211 330 129102 132093 132456 130345 40 ndash06 40 ndash05 44
2010 I 129476 91008 15914 16082 19809 26004 277 129147 133093 132759 131219 23 01 31 09 27 II 130196 91594 16464 16454 20742 26187 239 129854 134389 134039 132165 22 22 39 39 29 III 131035 92160 17101 16839 21428 26167 196 130055 135534 134548 133011 26 06 35 15 26 IV 131812 93085 16843 17247 21430 25874 193 131356 135905 135441 133742 24 41 11 27 22
2011 I 131838 93809 16616 17488 21654 25407 172 131544 135921 135619 133943 01 06 00 05 06 II 132647 94032 17113 17664 21660 25354 144 132341 136552 136238 134861 25 24 19 18 28 III 133069 94419 17358 17929 21908 25166 105 133112 136964 136996 135347 13 23 12 22 14 IV 134410 94893 18673 17993 22173 25027 ndash03 133614 138514 137713 136729 41 15 46 21 41
2012 I 135064 95468 18951 18187 22342 24837 ndash37 134401 139144 138475 136938 20 24 18 22 06 II 135580 95820 19340 18424 22668 24748 ndash84 134811 139759 138985 15 12 18 15
NOTE The residual is the difference between gross domestic product and the sum of the detailed components shown in this table
193 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1929 7733 8363 8724 7544 4667 6258 5425 33695 2244 9786 2906 2421 6181 2851 10620 7848 7740 1930 7067 7915 8034 7387 3113 4796 4471 28836 1779 5949 2402 2106 6812 3158 11690 7311 7075 1931 6609 7667 7741 7199 1956 3326 2929 18557 1187 4975 1996 1837 7095 3266 12197 6881 6610 1932 5745 6979 6835 6764 0590 1934 1754 11365 0695 2627 1564 1524 6860 3340 11629 6097 5743 1933 5671 6824 6785 6513 0869 1709 1581 8816 0712 2146 1574 1588 6633 4130 10421 5911 5663 1934 6288 7312 7405 6832 1570 2210 2014 9940 0984 2938 1749 1622 7482 5541 10956 6474 6271 1935 6846 7758 8013 7070 2906 2864 2552 11028 1341 4111 1845 2125 7687 5639 11306 6876 6831 1936 7740 8548 9078 7505 3726 3814 3451 14477 1840 5205 1938 2101 8971 8514 11371 7786 7713 1937 8137 8864 9348 7857 4653 4472 4134 18358 2139 5661 2441 2364 8592 7666 11369 8111 8117 1938 7857 8722 9140 7794 3076 3543 3031 14689 1489 5691 2414 1837 9252 8465 12035 7995 7841 1939 8492 9209 9773 8097 3956 4252 3383 15500 1718 8062 2549 1930 10067 9077 13229 8586 8473 1940 9236 9686 10380 8410 5510 5108 4187 17596 2227 9093 2899 1976 10350 10163 12794 9169 9205 1941 10813 10373 11204 8909 6729 5828 4930 20899 2611 9661 2973 2430 17205 26817 11982 10640 10782 1942 12809 10127 10340 9400 3555 3289 2902 12917 1498 4887 1964 2206 40483 82370 10867 12859 12763 1943 14906 10411 10239 10151 2099 2539 2425 9387 1345 2904 1655 2782 60224 130288 9876 15168 14842 1944 16109 10707 10316 10718 2594 3118 3221 12292 1799 2500 1778 2912 67771 148703 9525 16396 16039 1945 15929 11370 11021 11293 3424 4268 4525 16574 2576 2940 2491 3096 59168 127726 9855 16262 15853 1946 14186 12784 13059 11807 8778 7872 6673 32740 3213 12338 5379 2566 20344 34335 10837 14036 14137 1947 14059 13029 13438 11856 8433 9469 7765 29776 4367 15901 6133 2436 17281 25367 12329 14330 14031 1948 14677 13323 13708 12170 10775 10428 8172 31334 4596 19026 4831 2843 18542 27378 13112 14600 14660 1949 14601 13692 14120 12464 8226 9533 7422 30294 4029 17588 4786 2742 20755 30046 15108 14947 14577 1950 15878 14570 15214 13011 11615 11385 8104 32461 4447 24064 4190 3241 20779 28399 16349 15820 15853 1951 17106 14799 15033 13780 11649 10906 8479 34946 4576 20145 5135 3369 28386 47155 16475 16944 17093 1952 17761 15266 15371 14399 10534 10701 8315 34809 4445 19784 4913 3665 34178 61369 16749 17846 17747 1953 18579 15995 16167 15006 11029 11448 9062 37902 4848 20485 4584 4010 36627 66331 17578 18726 18554 1954 18461 16331 16340 15530 10517 11627 8868 39201 4576 22183 4806 3812 34132 57637 19115 18778 18445 1955 19791 17536 17844 16311 13072 13141 9851 42011 5203 25776 5319 4271 32885 52422 20494 19836 19778 1956 20182 18049 18112 17094 12894 13191 10413 46421 5341 23678 6197 4618 32912 51508 21156 20290 20180 1957 20588 18497 18422 17685 12333 13048 10571 46396 5480 22230 6737 4812 34379 53343 22408 20812 20591 1958 20403 18658 18234 18260 11312 12113 9410 43866 4680 22463 5826 5040 35484 53320 24312 20661 20385 1959 21866 19718 19381 19164 13603 13804 10159 44917 5237 28170 6427 5571 36688 54992 25232 21965 21840 1960 22408 20260 19721 19915 13600 13922 10737 48488 5459 26165 7543 5645 36751 53496 26338 22542 22391 1961 22930 20677 19846 20648 13512 13879 10670 49151 5354 26238 7583 5607 38600 55739 27961 23082 22925 1962 24319 21700 20867 21624 15227 15133 11602 51393 5974 28754 7965 6243 40977 60488 28818 24356 24325 1963 25382 22593 21701 22543 16249 16306 12247 51986 6476 32142 8535 6411 42032 60526 30552 25450 25393 1964 26851 23939 22994 23885 17589 17882 13701 57399 7303 34011 9540 6752 42958 59725 32626 26969 26867 1965 28575 25453 24623 25204 20058 19708 16088 66553 8641 33017 9807 7471 44250 59697 34813 28534 28588 1966 30437 26897 26184 26453 21825 20838 18100 71109 10024 30063 10487 8581 48149 66303 36998 30250 30423 1967 31206 27703 26697 27541 20827 20453 17856 69313 9958 29117 10728 9206 51844 72903 38868 31178 31193 1968 32717 29301 28350 29009 22039 21881 18654 70299 10578 33086 11572 10578 53472 73491 41168 32735 32709 1969 33733 30399 29216 30303 23323 23242 20070 74096 11513 34063 12131 11181 53347 70969 42557 33762 33710 1970 33798 31112 29447 31487 21791 22754 19963 74300 11399 32026 13435 11658 52059 65738 43738 34075 33772 1971 34932 32297 30679 32574 24275 24477 19964 73082 11512 40808 13663 12280 50926 60677 45077 35024 34923 1972 36788 34283 32685 34458 27150 27420 21797 75359 12997 48061 14689 13662 50556 58197 46068 36878 36784 1973 38920 35982 34378 36091 30331 29926 24968 81520 15381 47752 17458 14296 50379 55748 47381 38845 38995 1974 38705 35683 33124 36783 28097 28055 25177 79755 15774 37895 18837 13972 51648 56243 49164 38734 38835 1975 38623 36492 33349 38164 23120 25042 22689 71355 14272 32975 18718 12419 52812 56426 50970 39148 38657 1976 40695 38525 35684 39802 27791 27511 23800 73073 15164 40740 19536 14848 53049 56453 51346 40689 40776 1977 42566 40146 37215 41447 31989 31465 26486 76079 17449 49486 20006 16471 53630 57647 51532 42475 42681 1978 44940 41916 38753 43375 35846 35274 30450 87058 20106 52602 22115 17898 55210 59092 53216 44818 45034 1979 46345 42912 39373 44700 36989 37265 33517 98098 21861 50672 24307 18195 56241 60519 53998 46419 46581 1980 46217 42761 38376 45389 32926 34844 33429 103837 21075 39949 26925 16987 57337 63390 53958 46716 46449 1981 47390 43410 38830 46203 35886 35623 35333 112161 21971 36747 27256 17433 57860 66420 52873 47359 47542 1982 46470 44015 39101 47103 30859 33125 34003 110325 20829 30075 25173 17214 58876 68989 52898 47071 46651 1983 48570 46531 41589 49568 33733 35541 33563 98404 21950 42524 24524 19386 61027 73561 53514 49055 48719 1984 52060 48998 44586 51508 43672 41543 39486 112125 26303 48836 26526 24105 63078 75829 55444 51619 52155 1985 54214 51551 46931 54173 43266 43729 42103 120095 27974 49608 27331 25669 67471 81771 58879 54347 54151 1986 56092 53642 49556 55784 42971 44237 40901 106935 28504 55696 29429 27863 71573 86407 62669 56412 55899 1987 57887 55297 50448 58007 44295 44480 40870 103859 28895 56807 32594 29511 73300 89477 63575 57981 57672 1988 60266 57525 52322 60469 45337 45947 43008 104539 31074 56231 37815 30671 74220 88010 65933 60457 60093 1989 62420 59152 53643 62301 47156 47328 45409 106616 33351 54524 42161 32022 76240 89379 68340 62521 62242 1990 63591 60359 53975 64151 45569 46340 45633 108187 33361 49819 45954 33168 78655 91185 71112 63834 63482 1991 63442 60450 52904 65110 41862 43335 43186 96150 32504 45032 49005 33118 79514 91000 72585 63850 63276 1992 65595 62511 54571 67431 45254 45904 44565 90354 34873 51263 52370 35440 79885 89351 74156 65833 65403 1993 67466 64731 56838 69589 49299 49839 48456 89768 39226 55450 54086 38505 79253 85842 75244 67669 67263 1994 70214 67203 59836 71666 55998 54500 52915 91405 43904 60840 58802 43098 79245 82555 77197 70004 69913 1995 71980 69021 61623 73488 57743 58010 58478 97235 49158 58850 64755 46547 79705 80353 79247 72102 71711 1996 74672 71429 64383 75640 62851 63213 63940 102744 54383 63550 70133 50595 80507 79423 81090 74799 74395 1997 78000 74066 67453 77973 70672 69045 71658 110280 61861 64751 78490 57409 82020 78641 83980 77740 77620 1998 81397 77950 72010 81409 77747 76537 80264 115911 70837 69732 80281 64119 83759 77758 87291 81192 80937 1999 85326 82213 77745 84744 84592 83658 88640 116049 80857 74092 83785 71500 86761 79270 91179 85155 84928
194 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
2000 88857 86382 81847 88944 90371 89843 97327 125101 89320 74834 90985 80813 88519 79661 93744 88745 88515 2001 89816 88718 84417 91134 84023 88142 94614 123191 86438 75258 85880 78540 91917 82901 97236 90527 89582 2002 91445 91080 87848 92870 82879 84412 87112 101377 82789 79204 84160 81213 96192 88953 100473 91733 91171 2003 93769 93650 91890 94611 86090 87390 88290 97514 85377 85712 85514 84806 98336 94839 100408 94015 93631 2004 97021 96731 95988 97134 94749 93880 93740 98571 92138 94130 93677 94212 99668 98710 100234 96885 97024 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 2006 102658 102850 103322 102599 102742 102375 108027 109180 107590 92667 108969 106099 101359 102127 100910 102596 102423 2007 104622 105218 106394 104599 99412 100390 115039 124578 111168 75379 119108 108652 102713 103399 102311 104808 104731 2008 104270 104637 103776 105067 89296 93228 114125 132595 106411 57345 126376 105733 105381 110819 102310 104991 104692 2009 101069 102602 100697 103558 67124 75494 93507 104659 88911 44489 114835 91422 109262 117613 104568 102598 101328 2010 103486 104460 104304 104554 76327 75326 94148 88308 96822 42862 127623 102832 109955 122883 102711 103478 104193 2011 105356 107103 108263 106543 80284 80311 102288 90733 107473 42268 136152 107746 106497 119480 99224 105506 106304
1947 I 14028 12846 13203 11757 8686 9295 7874 29902 4450 14609 6532 2514 17184 25544 12014 14201 13996 II 14006 13060 13440 11927 7986 9048 7750 29743 4356 13882 6450 2563 17293 25597 12177 14294 13979 III 13995 13102 13530 11901 7730 9355 7596 29945 4209 16009 6122 2273 17451 25611 12461 14410 13967 IV 14207 13106 13580 11839 9332 10178 7841 29515 4454 19103 5429 2395 17193 24718 12663 14415 14182
1948 I 14433 13172 13600 11966 10343 10521 8327 30127 4830 18876 5181 2701 17534 25559 12644 14477 14414 II 14698 13325 13724 12154 11025 10512 8038 30967 4509 19977 4697 2808 18378 27116 13008 14582 14682 III 14777 13344 13710 12219 11143 10399 8058 31892 4451 19341 4807 2955 18735 27669 13239 14607 14761 IV 14800 13450 13800 12342 10588 10279 8264 32349 4594 17908 4638 2907 19523 29169 13559 14733 14784
1949 I 14594 13472 13779 12420 8941 9691 7873 31740 4305 16562 5193 2820 20081 29756 14120 14793 14575 II 14541 13678 14081 12483 7690 9383 7563 30997 4095 16276 5148 2779 20990 30874 14925 14985 14520 III 14704 13709 14153 12457 8364 9360 7187 29626 3879 17671 4718 2665 21201 30534 15546 14978 14679 IV 14566 13910 14469 12495 7907 9696 7064 28813 3836 19841 4084 2705 20750 29021 15843 15033 14535
1950 I 15155 14141 14749 12650 9891 10310 7264 30186 3902 22093 4017 2781 20403 27640 16237 15274 15124 II 15616 14373 14906 12970 10998 11267 7914 31709 4342 24235 4065 2935 20737 28254 16375 15685 15587 III 16227 15111 16022 13171 11988 12108 8624 33545 4809 25567 4171 3621 20339 27251 16387 16249 16209 IV 16513 14656 15178 13254 13581 11856 8612 34404 4733 24363 4509 3628 21635 30451 16397 16072 16492
1951 I 16721 15010 15512 13616 12149 11416 8389 34516 4532 23068 4734 3628 23948 36413 16235 16547 16695 II 16999 14586 14725 13708 12450 10890 8505 35688 4540 19961 5200 3508 27241 44208 16511 16625 16987 III 17337 14756 14887 13880 11488 10714 8600 35472 4640 18688 5328 3211 30332 51849 16591 17175 17328 IV 17367 14842 15007 13915 10509 10603 8422 34108 4593 18861 5278 3127 32023 56150 16564 17430 17364
1952 I 17542 14876 14935 14087 10755 10729 8455 34149 4619 19354 5559 3490 33015 58600 16616 17573 17530 II 17561 15168 15270 14307 9862 10877 8550 34395 4682 19711 4948 3472 34134 60920 16969 17858 17550 III 17679 15241 15254 14497 10387 10210 7777 34682 3989 19513 4557 3684 34472 62487 16510 17684 17665 IV 18263 15780 16025 14704 11132 10987 8477 36010 4490 20560 4588 4014 35090 63469 16900 18270 18243
1953 I 18604 15968 16236 14854 11353 11428 8942 37095 4806 20881 4511 3916 36281 65942 17262 18665 18580 II 18745 16064 16268 15032 11392 11490 9003 37807 4803 20940 4539 4119 37079 68018 17232 18813 18726 III 18631 16027 16131 15124 11124 11499 9208 38017 4965 20146 4721 4103 36631 66162 17693 18767 18601 IV 18336 15920 16033 15012 10248 11375 9096 38688 4815 19972 4565 3901 36517 65201 18124 18660 18308
1954 I 18249 15979 16023 15152 10162 11196 8825 39082 4549 20182 4360 3676 35540 61731 18775 18551 18230 II 18272 16187 16179 15414 10127 11379 8732 39353 4448 21496 4987 4006 34282 58425 18848 18627 18252 III 18478 16407 16350 15682 10645 11833 8970 39267 4659 22808 4827 3765 33455 55519 19373 18811 18458 IV 18848 16751 16806 15872 11135 12098 8944 39101 4649 24245 5049 3801 33252 54873 19463 19125 18839
1955 I 19391 17127 17322 16058 12322 12587 9104 40312 4692 26044 5236 4025 33212 53552 20280 19490 19381 II 19711 17455 17810 16176 13101 13128 9676 41312 5108 26429 5114 4253 32882 52337 20546 19746 19697 III 19975 17671 18058 16342 13288 13418 10171 42683 5427 25865 5450 4325 33082 52889 20514 20034 19960 IV 20086 17893 18186 16668 13576 13431 10451 43738 5586 24768 5474 4482 32365 50910 20634 20076 20074
1956 I 19995 17922 18105 16828 13120 13145 10257 45096 5310 24114 5734 4670 32347 50530 20857 20032 19997 II 20152 17982 18078 16989 12971 13251 10417 46703 5322 23970 6121 4645 33025 51855 21113 20254 20152 III 20126 18022 18003 17168 12819 13229 10501 46999 5372 23499 6324 4686 32713 50911 21218 20262 20130 IV 20455 18270 18261 17392 12667 13138 10476 46887 5359 23131 6608 4471 33563 52735 21434 20612 20439
1957 I 20581 18396 18432 17459 12463 13138 10551 46482 5456 22801 7039 4826 34252 53672 21973 20793 20587 II 20531 18429 18365 17609 12446 13011 10523 46450 5434 22250 6830 4864 34039 52858 22158 20716 20549 III 20729 18576 18519 17738 12743 13142 10745 46458 5625 21950 6639 4770 34300 53050 22471 20872 20738 IV 20511 18585 18374 17933 11679 12902 10466 46194 5405 21918 6440 4787 34925 53793 23030 20867 20490
1958 I 19956 18332 17935 17916 10811 12103 9709 45328 4824 21051 5801 4858 34535 51864 23681 20333 19942 II 20078 18483 17990 18175 10555 11760 9290 43825 4581 21104 5829 5066 35400 53530 24023 20439 20065 III 20549 18785 18329 18419 11426 11927 9150 42825 4538 22643 5847 4989 35621 53321 24548 20737 20528 IV 21028 19034 18683 18530 12456 12662 9491 43486 4777 25055 5829 5250 36381 54566 24996 21137 21003
1959 I 21453 19386 19117 18769 13159 13439 9786 43334 5039 27906 6214 5385 36145 53666 25203 21573 21424 II 21995 19684 19420 19048 14258 13874 10085 44676 5192 28897 6421 5645 36696 54950 25272 21945 21962 III 21969 19889 19573 19304 13266 14044 10404 46005 5362 28351 6625 5698 37158 56085 25294 22212 21945 IV 22046 19912 19414 19537 13730 13857 10363 45655 5354 27524 6448 5554 36753 55268 25159 22128 22030
1960 I 22540 20103 19609 19714 15215 14341 10762 47560 5549 28314 7255 5764 36029 52782 25597 22370 22516 II 22435 20357 19883 19933 13675 14052 10929 48124 5648 25986 7716 5807 36322 52580 26223 22584 22414 III 22472 20276 19756 19909 13594 13676 10657 48216 5411 25197 7522 5637 37197 54212 26614 22552 22457 IV 22184 20303 19637 20102 11915 13620 10598 50051 5227 25164 7677 5371 37456 54410 26919 22662 22179
1961 I 22315 20297 19451 20304 12219 13449 10375 49824 5056 25261 7625 5345 37946 54339 27792 22680 22319 II 22733 20599 19745 20600 13129 13647 10589 48994 5297 25352 7519 5410 38037 54847 27604 22923 22725 III 23100 20699 19874 20662 14229 13975 10677 49022 5369 26721 7478 5768 38783 56387 27838 23100 23093 IV 23570 21114 20316 21026 14469 14446 11038 48764 5692 27618 7709 5905 39635 57381 28610 23625 23563
195 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1962 I 23993 21338 20554 21225 15332 14755 11294 49678 5841 28116 7690 6085 40336 59488 28403 23914 23982 II 24258 21600 20756 21542 15184 15203 11631 51488 5991 28995 8428 6218 40555 59733 28607 24321 24261 III 24482 21776 20915 21728 15455 15325 11781 52844 6017 28971 7957 6297 41478 61530 28972 24510 24485 IV 24542 22084 21242 22002 14936 15250 11701 51563 6045 28933 7785 6374 41538 61199 29288 24679 24571
1963 I 24863 22233 21441 22089 15765 15428 11683 49768 6164 29978 7967 6226 41285 59714 29839 24843 24880 II 25174 22446 21618 22330 15995 16144 12056 52126 6303 32135 8900 6373 41233 59161 30110 25265 25182 III 25648 22752 21835 22721 16517 16562 12421 52488 6586 32730 8424 6534 43001 62445 30915 25713 25656 IV 25843 22941 21909 23031 16720 17091 12829 53562 6851 33726 8847 6513 42610 60783 31346 25980 25856
1964 I 26423 23394 22416 23403 17407 17743 13148 54952 7018 35792 9389 6507 42768 60473 31813 26548 26449 II 26727 23806 22888 23729 17327 17695 13483 56815 7161 33990 9545 6653 43045 60070 32544 26864 26742 III 27090 24243 23422 24039 17739 17978 13941 58681 7409 33435 9471 6832 43071 59598 32899 27197 27109 IV 27165 24311 23250 24368 17884 18110 14231 59147 7622 32825 9753 7017 42947 58760 33247 27267 27168
1965 I 27832 24852 24007 24645 19683 18935 15187 62180 8208 32940 8701 6764 42843 58020 33562 27699 27858 II 28210 25126 24181 25018 19682 19465 15759 66513 8361 33197 10335 7562 43396 58132 34414 28199 28240 III 28782 25558 24676 25360 20385 19992 16355 67213 8820 33327 9743 7593 44897 60480 35383 28729 28792 IV 29477 26276 25627 25791 20479 20441 17051 70307 9175 32605 10449 7964 45862 62158 35893 29509 29462
1966 I 30200 26664 26109 26059 22211 21205 17794 71978 9687 33346 10266 8169 46687 63579 36338 30001 30187 II 30301 26733 25979 26343 21805 20931 18071 70590 10040 30671 10715 8373 47514 65262 36619 30137 30287 III 30500 27039 26353 26560 21589 20924 18291 72162 10104 29674 10313 8842 48800 67904 37042 30388 30481 IV 30747 27151 26298 26850 21693 20290 18244 69704 10265 26561 10653 8941 49594 68469 37995 30474 30735
1967 I 31018 27310 26366 27099 21099 19813 17858 70424 9867 25762 10859 9082 51699 73163 38465 30782 31001 II 31025 27682 26825 27361 20199 20320 17794 68421 9976 28691 10760 9009 51418 72103 38675 31111 31002 III 31272 27824 26746 27734 20779 20520 17704 69145 9838 30129 10498 9127 51953 73249 38827 31270 31268 IV 31511 27996 26851 27968 21229 21160 18069 69260 10149 31884 10797 9608 52307 73097 39504 31547 31499
1968 I 32160 28664 27706 28406 21691 21671 18637 70618 10536 32079 11111 10174 53220 74368 40197 32207 32149 II 32706 29104 28121 28853 22568 21560 18313 70020 10300 32889 11332 10330 53466 73771 40979 32531 32696 III 32930 29651 28810 29226 21835 21878 18557 69568 10555 33480 11998 10951 53578 73136 41568 32997 32925 IV 33072 29787 28763 29550 22062 22415 19107 70990 10922 33897 11845 10858 53622 72689 41927 33206 33065
1969 I 33593 30120 29148 29814 23515 23122 19672 72087 11332 35118 10424 9834 53674 72285 42268 33550 33583 II 33691 30313 29169 30180 23328 23223 19885 72659 11474 34741 12760 11774 53450 71132 42623 33715 33671 III 33904 30459 29221 30420 23867 23610 20422 76085 11655 34457 12454 11622 53525 71182 42713 33889 33872 IV 33745 30702 29326 30797 22582 23013 20300 75553 11593 31937 12886 11494 52739 69277 42625 33896 33714
1970 I 33692 30891 29374 31124 21875 22931 20182 74959 11539 32001 12997 11456 52455 67908 43021 33988 33667 II 33753 31032 29457 31319 21943 22421 20072 74192 11508 29868 13569 11683 51777 65781 43251 33923 33736 III 34054 31304 29638 31673 22318 22820 20174 74462 11575 31460 13525 11656 52001 64808 44228 34227 34031 IV 33693 31219 29318 31833 21026 22842 19423 73588 10972 34776 13649 11837 52002 64455 44451 34163 33653
1971 I 34622 31816 30259 32051 23756 23353 19600 73404 11148 36632 13701 11697 51160 61946 44653 34586 34614 II 34818 32107 30508 32373 24492 24319 19890 73214 11430 40329 13674 12580 50996 61053 44952 34825 34822 III 35096 32364 30704 32680 24814 24779 19970 72951 11527 42316 14236 12858 50964 60796 45063 35131 35073 IV 35194 32902 31244 33193 24038 25456 20397 72760 11941 43956 13042 11986 50584 58915 45642 35555 35183
1972 I 35823 33341 31536 33761 25738 26601 21083 74662 12395 46888 14423 13738 50768 59155 45792 36049 35818 II 36672 33978 32370 34174 27313 27070 21432 75081 12680 47807 14004 13250 51083 60101 45695 36647 36658 III 37024 34502 32933 34638 27702 27368 21767 75247 12979 47918 14849 13526 50030 56860 46068 36978 37028 IV 37634 35311 33899 35257 27846 28641 22905 76445 13934 49630 15479 14135 50344 56673 46717 37838 37632
1973 I 38596 35957 34709 35712 29614 29851 23975 78942 14697 51300 16613 14788 50839 57611 46928 38667 38630 II 39043 35939 34374 36011 30998 30110 24954 81408 15378 48690 17414 14362 50536 56718 47009 38857 39094 III 38835 36068 34385 36252 29786 30022 25373 83248 15587 46624 17472 13965 49887 54311 47503 38905 38944 IV 39205 35963 34044 36389 30926 29720 25572 82482 15861 44396 18331 14069 50254 54354 48085 38950 39314
1974 I 38861 35648 33489 36334 28952 29018 25544 82018 15882 41140 18565 13592 51305 56066 48713 38902 39043 II 38961 35772 33384 36689 28809 28601 25487 81680 15862 39346 19468 14312 51651 55977 49339 38945 39116 III 38575 35919 33492 36869 27184 28097 25190 78135 15968 38050 18418 14062 51728 56258 49286 38825 38693 IV 38424 35393 32132 37241 27442 26504 24486 77186 15383 33043 18899 13922 51908 56671 49317 38261 38486
1975 I 37956 35690 32365 37588 22622 24881 22984 73213 14356 31002 19032 12526 52544 56034 50778 38560 37966 II 38246 36285 33056 38054 21836 24531 22383 70455 14074 31668 18479 11523 52140 55584 50401 38956 38256 III 38891 36802 33872 38238 23686 25144 22589 70853 14231 33873 18167 12481 53057 56970 51025 39306 38920 IV 39399 37192 34103 38776 24337 25613 22799 70901 14429 35356 19195 13147 53507 57115 51675 39770 39486
1976 I 40294 37935 35101 39229 26857 26674 23211 72812 14622 38970 19061 13971 53640 56588 52238 40320 40363 II 40597 38283 35524 39488 28002 27130 23494 72592 14919 40091 19254 14576 53052 56466 51342 40456 40679 III 40796 38688 35837 39969 28054 27414 24008 73329 15338 39437 19813 15171 52773 56306 50983 40706 40880 IV 41092 39192 36272 40522 28249 28825 24487 73558 15778 44464 20014 15673 52732 56450 50821 41275 41184
1977 I 41569 39640 36666 41005 29639 29867 25438 73307 16730 45805 19693 16415 53210 56919 51310 41662 41714 II 42395 39859 36936 41164 31930 31534 26172 76049 17144 51045 20224 16566 53763 57857 51614 42332 42525 III 43154 40239 37233 41610 33670 31942 26720 77201 17553 50884 20380 16335 53861 58191 51560 42777 43273 IV 43145 40846 38027 42010 32719 32518 27615 77757 18369 50211 19726 16567 53688 57621 51645 43126 43214
1978 I 43292 41085 37814 42681 33368 32791 27888 77607 18655 50464 20191 17679 53775 57823 51657 43181 43422 II 44995 41963 38899 43324 35659 35171 30240 85196 20112 52888 22295 17735 55227 59202 53172 44895 45036 III 45436 42139 38931 43634 36760 36182 31320 90815 20535 53623 22540 17966 55667 59411 53768 45306 45509 IV 46037 42478 39370 43862 37596 36953 32353 94614 21119 53434 23434 18213 56172 59932 54268 45888 46168
196 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1979 I 46114 42693 39340 44308 37590 37234 33057 94087 21884 52185 23454 18163 55667 60013 53375 46033 46256 II 46158 42668 39008 44584 37503 36945 32958 95449 21621 51211 23516 18261 56255 60755 53869 46031 46358 III 46489 43087 39657 44762 36773 37616 33985 99899 22115 50602 24363 17982 56337 60661 54066 46699 46794 IV 46617 43202 39489 45148 36089 37265 34070 102958 21825 48691 25896 18375 56704 60647 54683 46912 46916
1980 I 46767 43127 39289 45199 35827 36739 34444 104548 22009 44965 26619 18389 57616 62588 54936 47003 47077 II 45809 42148 37670 44894 32595 33543 32696 102253 20527 36646 27120 17054 57795 64162 54218 46081 46076 III 45724 42600 38057 45391 30110 33874 32942 102762 20716 37273 27063 15828 56998 63297 53456 46682 45956 IV 46569 43168 38490 46070 33172 35220 33635 105785 21049 40915 26899 16677 56940 63511 53223 47099 46687
1981 I 47537 43404 39043 45985 36468 35478 34177 105721 21613 40183 27407 17389 57696 64826 53623 47331 47679 II 47158 43404 38731 46289 34732 35712 34866 109705 21813 38821 27555 17416 57825 66761 52596 47425 47273 III 47731 43580 39122 46250 36888 35716 35715 112472 22329 35826 26969 17217 57694 66689 52427 47480 47871 IV 47136 43250 38423 46287 35457 35586 36574 120746 22130 32157 27094 17711 58225 67403 52844 47200 47343
1982 I 46363 43530 38808 46457 31763 34507 35709 116906 21735 30303 25919 17206 58167 67508 52680 47067 46545 II 46614 43686 38799 46762 31735 33301 34432 113096 20906 29347 26075 16925 58506 68120 52846 47047 46860 III 46434 44021 39005 47202 31365 32373 33269 106861 20524 29254 24920 17710 58906 69141 52850 46739 46590 IV 46471 44824 39792 47992 28572 32321 32600 104435 20150 31396 23779 17015 59923 71185 53217 47431 46608
1983 I 47049 45263 40000 48622 29589 33027 31990 100175 20082 36747 24163 17405 60373 72042 53408 47932 47176 II 48106 46162 41179 49243 32445 34302 32381 95420 21114 41100 24236 18743 60889 73574 53279 48611 48257 III 49055 46978 42093 49949 34626 36352 33845 97652 22342 45171 24601 20203 61946 75639 53700 49512 49208 IV 50069 47723 43084 50458 38272 38482 36037 100370 24262 47080 25097 21194 60899 72990 53667 50163 50234
1984 I 51040 48132 43667 50707 42278 39689 37212 106076 24734 48388 25622 22897 61512 73614 54281 50498 51157 II 51921 48820 44641 51134 43704 41321 39062 111401 25957 49283 26259 23857 62838 75924 54984 51424 52034 III 52426 49197 44669 51801 44720 42202 40349 114917 26832 48810 26839 24474 63302 75634 55942 51898 52530 IV 52853 49845 45367 52391 43986 42960 41322 116107 27691 48861 27384 25191 64659 78144 56569 52655 52898
1985 I 53351 50690 46067 53338 42536 43292 41802 121028 27531 48709 27403 24635 65400 78977 57256 53547 53301 II 53803 51152 46488 53822 43270 43836 42397 120962 28166 49098 27304 25846 66867 80904 58439 53955 53773 III 54644 52124 47727 54546 42792 43483 41749 118457 27824 49722 26904 25596 68603 83617 59565 54831 54541 IV 55058 52238 47442 54985 44465 44304 42465 119932 28376 50904 27714 26599 69013 83585 60258 55056 54988
1986 I 55587 52674 48163 55175 44373 44368 41882 116932 28169 53080 28590 26575 69759 83141 61759 55622 55470 II 55811 53235 49019 55487 43389 44262 40834 105913 28574 56026 28901 27707 71242 85792 62514 56042 55605 III 56349 54166 50538 55935 42028 44013 40236 102136 28461 56889 29562 28475 72854 89039 63114 56831 56166 IV 56621 54492 50506 56538 42094 44306 40650 102760 28813 56787 30663 28694 72436 87657 63290 57153 56356
1987 I 56935 54409 49473 57205 43380 43428 39532 100357 27965 56637 30686 28522 72732 88179 63449 57000 56689 II 57540 55138 50421 57748 43440 44205 40479 101537 28804 56886 31904 29234 73192 89403 63446 57760 57338 III 58040 55753 51179 58240 43484 45146 41783 105766 29599 56714 33279 29802 73194 89498 63393 58450 57827 IV 59033 55887 50721 58835 46875 45140 41686 107774 29213 56992 34509 30487 74080 90829 64012 58713 58834
1988 I 59338 56820 51918 59545 44234 45081 42007 103705 30124 55759 36421 30345 73721 88361 64922 59581 59200 II 60100 57233 52188 60060 45310 45963 43039 105858 30919 56201 37429 29996 73914 87461 65773 60299 59929 III 60410 57684 52178 60858 45601 46140 43265 104428 31364 56236 38123 30704 73871 86806 66099 60586 60209 IV 61217 58364 53005 61412 46205 46603 43721 104166 31890 56730 39287 31640 75372 89413 66939 61364 61035
1989 I 61792 58578 53079 61728 47975 47067 44460 105845 32442 56358 40442 31786 74909 87583 67290 61660 61600 II 62254 58840 53378 61958 47415 47131 45092 104650 33297 54689 42202 31937 76069 89554 67965 62259 62048 III 62748 59450 54147 62437 46858 47951 46384 108318 34153 54093 42664 31893 76786 90416 68595 63043 62560 IV 62885 59741 53967 63081 46377 47162 45700 107653 33513 52957 43335 32471 77194 89962 69512 63122 62761
1990 I 63542 60214 54691 63356 46833 47748 46307 110021 33819 53496 45229 33500 78385 91312 70609 63807 63391 II 63794 60412 54105 64146 46846 46644 45507 109482 33032 51438 45843 33444 78501 91421 70730 63834 63652 III 63793 60642 53978 64639 45744 46140 45797 109081 33405 48516 46178 33310 78478 90605 71172 63960 63597 IV 63234 60170 53127 64461 42851 44826 44922 104163 33190 45828 46565 32416 79257 91401 71939 63733 63287
1991 I 62928 59998 52671 64505 41106 43291 43763 101920 32266 43102 46899 32047 79579 92110 72031 63478 62851 II 63353 60456 52966 65076 40900 43226 43343 99143 32224 44120 48587 32617 79857 92371 72317 63935 63155 III 63620 60687 53285 65237 41918 43370 42933 92709 32744 45949 49700 33535 79478 90650 72733 64023 63385 IV 63869 60659 52695 65624 43523 43452 42707 90827 32781 46957 50833 34275 79144 88871 73258 63965 63713
1992 I 64570 61703 53888 66542 42555 43902 42515 89684 32744 49352 51739 34525 79745 88899 74201 64953 64404 II 65256 62068 54163 66969 45358 45628 44201 89690 34575 51240 51741 35092 79651 88810 74106 65418 65080 III 65930 62755 54755 67714 45827 46321 45094 90466 35430 51358 52865 35646 80060 89824 74153 66137 65715 IV 66623 63520 55480 68499 47277 47764 46451 91574 36743 53102 53135 36499 80083 89870 74165 66825 66413
1993 I 66746 63778 55695 68783 48388 48042 46746 89242 37427 53344 53255 37289 79239 87106 74467 66781 66610 II 67173 64390 56587 69188 48768 49117 47990 89101 38816 53972 53907 38060 79180 85876 75107 67341 66965 III 67526 65089 57172 69960 48734 49988 48525 89531 39338 55835 53731 38561 79101 84970 75523 67869 67374 IV 68418 65668 57900 70427 51306 52208 50562 91200 41324 58647 55450 40110 79491 85415 75880 68682 68105
197 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1994 I 69084 66399 58881 70976 53519 52902 51065 87474 42484 59891 55981 41045 78480 82358 76093 69050 68835 II 70029 66892 59404 71441 56639 54174 52097 92472 42818 61875 57827 42574 78810 81893 76899 69631 69732 III 70480 67427 59956 71961 55621 54712 53073 92365 43922 61199 60036 43772 80192 84140 77761 70386 70156 IV 71263 68093 61103 72286 58214 56210 55424 93307 46393 60397 61365 45003 79500 81830 78034 70951 70928
1995 I 71438 68172 60799 72630 58805 57493 57689 95652 48538 59055 62493 45990 79816 81630 78659 71254 71195 II 71591 68731 61209 73287 57224 57275 58089 97565 48660 57157 63354 46427 80083 81307 79279 71675 71373 III 72193 69346 61950 73809 56673 58031 58479 98275 48977 58924 66110 46587 79907 80754 79329 72529 71833 IV 72696 69833 62535 74226 58269 59241 59655 97447 50456 60261 67064 47182 79013 77722 79720 72952 72441
1996 I 73194 70472 63036 74953 59036 60738 61136 99185 51830 61845 67909 48716 79519 79341 79556 73582 72995 II 74460 71269 64265 75451 62094 62713 62893 101358 53442 64457 69047 49806 80661 80472 80706 74636 74167 III 75107 71696 64722 75854 65225 64164 64986 102607 55606 64280 69606 51421 80583 79053 81434 74962 74778 IV 75927 72280 65507 76301 65048 65236 66744 107828 56653 63615 73969 52436 81266 78825 82662 76014 75640
1997 I 76511 73008 66391 76921 66567 66510 68447 108777 58432 63831 75378 54675 81411 77764 83534 76548 76139 II 77646 73304 66340 77443 70817 67943 70146 107813 60580 64638 78363 56511 82116 79142 83832 77157 77338 III 78620 74550 68075 78364 72076 70560 73722 111880 63946 64935 80184 58593 82208 78884 84135 78375 78232 IV 79223 75403 69005 79162 73227 71166 74315 112649 64486 65601 80038 59858 82344 78776 84419 78879 78772
1998 I 79972 76153 69541 80042 76723 73308 76885 111433 67764 66771 80415 62103 81849 76319 85101 79375 79596 II 80691 77463 71369 81018 75805 75863 79699 117435 69840 68778 79488 63526 83628 78419 86686 80716 80286 III 81756 78491 72458 82003 77977 77307 80900 117481 71257 70842 79119 64382 84402 77767 88313 81647 81222 IV 83171 79694 74671 82574 80485 79670 83570 117294 74486 72538 82103 66465 85157 78529 89063 83032 82643
1999 I 83912 80480 75597 83271 83019 81148 85509 116811 76910 72969 81472 68158 85593 78010 90065 83578 83482 II 84568 81747 77386 84213 82729 83047 87906 115395 80111 73755 82409 70330 85950 78009 90636 84619 84178 III 85643 82729 78318 85224 84805 84979 90432 115306 83187 74367 84570 72881 87061 79646 91435 85664 85217 IV 87181 83896 79680 86269 87814 85457 90714 116684 83219 75278 86689 74629 88438 81416 92579 86758 86836
2000 I 87409 85169 80896 87574 86586 87955 94085 118937 86812 75867 88184 77656 87714 78194 93332 87633 87021 II 89114 85969 81340 88591 92581 90167 97556 123869 89896 75349 90688 80023 88884 81324 93347 88669 88743 III 89189 86811 82208 89413 91135 90487 98638 128533 90113 74027 92900 82818 88604 79747 93827 89054 88779 IV 89717 87579 82942 90197 91181 90764 99027 129064 90460 74091 92168 82757 88874 79379 94470 89625 89518
2001 I 89422 87928 83159 90621 86364 90227 98096 125506 90180 74430 90960 81550 90188 81069 95564 90079 89102 II 90009 88260 83398 91006 86084 88816 95517 125954 86853 75477 87991 79121 92061 82805 97518 90477 89755 III 89760 88648 84025 91251 84259 87875 93924 126665 84670 75885 83462 77205 91893 83361 96931 90385 89310 IV 90074 90036 87088 91657 79386 85649 90921 114639 84048 75240 81109 76285 93525 84368 98931 91169 90163
2002 I 90844 90347 86914 92251 82028 84863 88755 108414 82967 77249 82405 78196 94958 86376 100030 91352 90591 II 91327 90806 87328 92738 83018 84535 87330 102546 82740 79143 84641 80837 95870 88372 100302 91611 90915 III 91790 91422 88451 93063 83230 84429 86944 97994 83495 79604 85231 82170 96646 89772 100711 92022 91499 IV 91821 91746 88701 93428 83242 83820 85419 96553 81954 80820 84363 83647 97293 91289 100848 91950 91679
2003 I 92204 92210 89300 93811 83343 83937 85193 95591 81943 81601 83584 82638 97091 91315 100511 92337 91940 II 92986 93123 90947 94312 83865 86121 87543 98449 84144 83454 83313 83817 98534 95718 100201 93396 92830 III 94516 94377 93368 94921 86932 88919 89572 98237 86818 87708 85575 84803 98824 95812 100608 94875 94345 IV 95371 94890 93945 95399 90222 90584 90851 97780 88603 90085 89585 87966 98895 96511 100310 95451 95408
2004 I 95999 95730 94926 96164 90693 90405 90128 97210 87837 90898 91717 90207 99366 97749 100325 95972 96178 II 96617 96155 95138 96707 94634 93193 92565 98337 90666 94318 93154 93828 99730 98304 100575 96384 96580 III 97336 96996 96303 97372 95849 95158 95089 99325 93663 95274 93845 95199 100094 100010 100140 97226 97379 IV 98133 98044 97584 98293 97820 96765 97178 99414 96385 96030 95993 97613 99482 98778 99895 97957 97960
2005 I 99145 98825 98656 98917 99893 97949 98055 101195 96951 97776 97786 98181 99577 99190 99806 98816 99240 II 99586 99803 100017 99689 98113 99692 99498 100812 99015 100050 99885 99265 99685 99286 99922 99858 99588 III 100377 100561 100786 100439 99207 100977 100921 98696 101699 101075 99909 99876 100590 101608 99995 100680 100446 IV 100892 100811 100541 100955 102787 101381 101526 99297 102334 101099 102420 102677 100147 99915 100277 100646 100726
2006 I 102166 101843 102277 101612 104330 103749 105886 103696 106721 100024 106411 104622 101147 102763 100205 102059 102001 II 102581 102457 102633 102362 104183 103277 107797 109068 107314 95488 108200 105792 101232 101887 100851 102420 102370 III 102594 103071 103502 102841 102714 101952 108938 111771 107855 89974 108360 107058 101386 101792 101149 102464 102276 IV 103292 104030 104875 103582 99741 100520 109488 112185 108471 85182 112904 106924 101670 102066 101437 103438 103044
2007 I 103432 104608 105555 104107 98750 100223 111223 115080 109728 81458 114672 108480 101552 100828 101960 103700 103164 II 104362 105010 106055 104457 100953 101096 114118 122401 110781 78890 116571 109019 102401 102582 102288 104399 104153 III 105125 105472 106845 104750 100184 100749 116631 129246 111475 73635 120910 109282 103292 104950 102334 105240 105391 IV 105569 105783 107121 105081 97759 99491 118185 131584 112690 67531 124281 107828 103606 105236 102661 105894 106218
2008 I 105101 105515 105599 105465 94633 97363 117944 131860 112220 62104 125966 108203 104391 107703 102501 105606 105595 II 105447 105478 105719 105344 93176 96078 117269 134869 109945 59721 129793 107511 104838 108996 102473 105988 105947 III 104468 104458 103615 104884 89061 92989 114238 133594 106148 56484 128631 105698 105941 112058 102490 105190 105089 IV 102064 103096 100171 104576 80314 86480 107050 130057 97330 51072 121112 101518 106356 114518 101776 103181 102137
2009 I 100697 102681 100211 103924 69786 79032 98291 118743 89688 45843 111295 91526 106825 113639 102992 102365 100781 II 100618 102224 99684 103494 64480 75092 93667 108062 87704 43058 111460 87652 109307 117333 104794 102521 100681 III 100980 102757 101506 103385 64208 74501 91786 99980 88474 44799 115116 91196 110312 119129 105359 102826 101378 IV 101981 102747 101389 103429 70022 73352 90285 91848 89777 44257 121467 95312 110602 120352 105128 102682 102472
2010 I 102572 103377 102691 103729 73259 73180 90749 86033 92913 42934 123231 97689 109727 120535 103665 102718 103159 II 103142 104042 103531 104310 75792 75696 93411 88731 95582 45223 126079 102286 110498 123355 103292 103280 103902 III 103807 104685 104499 104795 78722 75515 95162 88245 98309 41570 129030 105672 110416 124468 102544 103440 104567 IV 104423 105736 106495 105380 77535 76913 97269 90222 100486 41720 132151 105680 109179 123172 101342 104475 105142
2011 I 104443 106559 107915 105903 76492 76660 96954 83055 103161 41577 134004 106787 107210 119864 100117 104624 105300 II 105084 106812 107655 106412 78778 78942 100297 89561 105120 41994 135352 106816 106985 120681 99317 105258 106022 III 105418 107251 108021 106886 79906 81835 104746 93866 109637 42139 137379 108037 106189 119351 98818 105871 106404 IV 106481 107790 109462 106970 85959 83807 107156 96449 111972 43361 137871 109345 105604 118024 98643 106271 107490
2012 I 106999 108443 110722 107318 87241 85785 109108 99421 113460 45433 139356 110179 104804 116751 98103 106897 107655 II 107408 108843 110922 107817 89029 87074 110536 99638 115439 46502 141176 111785 104425 116647 97574 107222
198 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1929 10593 10517 16312 7786 11298 15049 4650 24602 5275 15659 11318 6389 6924 4809 10362 10580 10614 10601 1930 10184 10073 15445 7563 10836 14344 4402 23616 5161 14177 9651 6192 6617 4675 9935 10172 10226 10213 ndash39 ndash41 ndash39 1931 9172 8995 13318 7031 10022 13354 4027 22385 4672 11155 7799 5880 6566 4395 8960 9162 9169 9159 ndash99 ndash98 ndash99 1932 8129 7934 11477 6352 8854 12089 3495 21113 3808 9675 6252 5352 6253 3956 7918 8120 8097 8088 ndash114 ndash116 ndash114 1933 7916 7652 11384 5953 8709 11882 3531 20284 3756 9674 5992 5511 6321 4096 7700 7908 7880 7872 ndash26 ndash28 ndash26 1934 8303 7999 12506 5876 9145 12297 3543 21428 4169 11218 6807 5929 6755 4420 8068 8296 8313 8306 49 48 49 1935 8468 8194 12834 6006 9188 12424 3708 21239 4109 11503 6920 5979 6834 4451 8226 8461 8482 8475 20 20 20 1936 8561 8268 12883 6103 9279 12404 3702 21206 4310 11891 7404 6159 7463 4432 8328 8553 8573 8565 11 12 11 1937 8876 8570 13347 6330 10084 13443 4206 22419 4728 12681 8263 6290 7584 4541 8651 8866 8944 8934 37 39 37 1938 8708 8376 12808 6336 10221 13548 4126 22959 4877 12095 7636 6303 7713 4505 8478 8697 8684 8673 ndash19 ndash20 ndash19 1939 8599 8295 12616 6319 10166 13404 4081 22717 4910 11932 8014 6201 7568 4441 8389 8586 8599 8586 ndash13 ndash10 ndash13 1940 8674 8365 12728 6369 10423 13712 4147 23325 5057 12942 8549 6129 7270 4480 8450 8661 8700 8687 09 07 09 1941 9239 8883 13770 6594 11193 14614 4438 24809 5524 14130 9029 6507 7651 4781 8988 9226 9285 9271 65 64 65 1942 10000 9989 16045 7059 12272 16154 4951 27285 5935 17073 10342 6539 7506 5284 9709 9984 10014 9998 82 80 82 1943 10562 10907 17888 7500 12808 16675 5381 27428 6424 18676 11132 6645 7577 5675 10253 10544 10556 10537 56 56 56 1944 10815 11534 19078 7845 13239 17011 5500 27955 7048 21035 11693 6559 7444 5895 10486 10795 10807 10787 24 23 24 1945 11091 11995 19950 8101 13658 17446 5744 28427 7524 20862 12021 6633 7512 6090 10764 11072 11093 11074 26 27 26 1946 12369 12831 21473 8593 15061 19298 6433 31118 8169 20164 13403 8213 9584 6654 12081 12353 12410 12394 115 122 116 1947 13743 14132 24057 9220 17688 22449 7798 35253 9784 23413 16058 8875 10168 7466 13414 13727 13755 13739 111 110 111 1948 14522 14932 25478 9706 19198 24383 8675 37794 10606 24661 17451 9218 10074 8346 14192 14506 14526 14510 57 58 57 1949 14515 14818 24887 9872 19572 24948 8645 39253 10747 23190 16633 9482 10503 8418 14210 14497 14499 14481 00 01 ndash01 1950 14628 14996 24968 10125 20006 25459 8753 40238 11012 22583 17667 9488 10442 8494 14373 14610 14656 14638 08 11 08 1951 15635 16016 26981 10624 21733 27902 9761 43656 11801 25515 21353 10118 10898 9365 15402 15614 15712 15690 69 72 69 1952 15976 16345 27241 11012 22264 28534 10021 44539 12125 25670 20580 10321 11005 9768 15709 15954 15982 15960 22 20 22 1953 16178 16563 27117 11440 22449 28790 10217 44647 12212 25598 19696 10429 11080 9958 15881 16157 16174 16153 13 11 13 1954 16342 16704 27016 11728 22619 29066 10093 45718 12261 25250 19965 10650 11337 10123 16059 16321 16322 16301 10 11 10 1955 16576 16772 26857 11930 22989 29462 10295 46151 12516 25466 19858 11093 11947 10320 16280 16557 16601 16582 14 14 14 1956 17148 17108 27314 12217 24341 31782 11176 49581 12835 26318 20208 11716 12562 10981 16831 17128 17170 17150 35 34 34 1957 17749 17628 28168 12574 25187 33406 11655 52392 12868 27316 20438 12234 13125 11456 17400 17727 17741 17720 35 34 35 1958 18157 18043 28809 12882 25249 33570 11468 53415 12836 27039 19589 12602 13663 11608 17779 18136 18139 18118 23 22 23 1959 18363 18314 28957 13229 25488 34011 11530 54395 12875 27094 19766 12653 13564 11851 17987 18344 18355 18336 11 12 11 1960 18620 18615 29184 13580 25624 34165 11516 54845 12962 27474 19955 12809 13677 12066 18235 18601 18612 18592 14 14 14 1961 18830 18810 29294 13826 25543 33970 11446 54544 12983 27892 19955 13065 13908 12357 18428 18811 18821 18802 11 11 11 1962 19087 19032 29444 14089 25559 33975 11537 54274 13003 27961 19720 13398 14202 12743 18670 19069 19078 19060 14 13 14 1963 19290 19254 29689 14305 25485 33971 11636 53975 12901 27898 20102 13690 14506 13028 18887 19273 19281 19264 11 12 11 1964 19589 19536 30013 14572 25640 34142 11801 53952 13003 28128 20526 14070 14995 13293 19191 19572 19580 19563 16 16 16 1965 19945 19819 30328 14845 26077 34532 12143 54001 13372 29023 20812 14444 15379 13662 19524 19929 19936 19920 18 17 18 1966 20511 20322 30996 15276 26626 35047 12580 54144 13857 29900 21297 15044 15914 14334 20071 20495 20502 20486 28 28 28 1967 21142 20834 31542 15785 27372 35939 12973 55344 14339 31045 21379 15671 16386 15137 20654 21126 21133 21116 31 29 31 1968 22040 21645 32642 16467 28472 37203 13621 56831 15100 31723 21704 16520 17287 15945 21526 22024 22031 22015 42 42 43 1969 23130 22626 33907 17324 29877 38740 14518 58411 16144 32796 22270 17517 18226 17013 22582 23112 23119 23101 49 49 49 1970 24349 23685 35200 18285 31162 40571 15473 60560 16666 34053 23587 18945 19699 18411 23798 24331 24338 24320 53 54 53 1971 25567 24692 36258 19284 32731 42479 16664 62360 17632 35310 25035 20421 21383 19720 25021 25549 25554 25537 50 51 50 1972 26670 25536 37186 20102 34135 43914 17863 63112 18703 36956 26789 21989 23471 20896 26134 26652 26657 26639 43 44 43 1973 28148 26913 39404 21077 36020 45605 19247 64184 20359 41816 31446 23594 25080 22495 27647 28134 28136 28121 55 58 56 1974 30695 29716 44322 22866 39568 50008 21910 68917 22460 51517 44989 25977 27315 24970 30484 30674 30690 30669 90 103 90 1975 33606 32198 47903 24834 44525 56893 24534 79100 24547 56781 48734 28586 30158 27410 33328 33584 33591 33570 95 93 95 1976 35535 33966 49777 26556 47106 60048 25741 83754 26124 58645 50201 30469 32302 29114 35238 35518 35519 35502 57 57 58 1977 37796 36171 52435 28558 50803 64157 27973 88730 28759 61033 54624 32583 34742 31005 37617 37780 37783 37767 64 68 64 1978 40447 38705 55653 30777 55094 68453 30675 93412 32281 64752 58482 34670 36888 33042 40286 40432 40435 40419 70 71 70 1979 43811 42137 60916 33350 60088 74013 34238 99335 35902 72545 68483 37575 39727 35976 43833 43795 43798 43782 83 88 83 1980 47817 46663 67737 36802 65710 80541 37421 107819 39789 79903 85301 41669 43900 40002 48448 47794 47791 47769 91 105 91 1981 52326 50833 72769 40555 71816 88316 42567 115524 43036 85810 89886 45768 48165 43975 52909 52306 52270 52251 94 92 94 1982 55514 53640 74753 43709 75747 93181 45927 120030 45340 86204 86855 48775 51434 46786 55906 55493 55459 55438 61 57 61 1983 57705 55948 76102 46429 75628 92350 44757 120284 46380 86544 83601 50717 53218 48857 57865 57687 57652 57635 39 35 40 1984 59874 58065 77541 48846 76070 92127 45147 119234 47713 87347 82879 53319 56358 51034 59904 59856 59817 59800 38 35 38 1985 61686 59965 78785 51049 77028 92850 46219 119090 48944 84674 80157 54974 57635 53002 61605 61672 61628 61614 30 28 30 1986 63057 61427 78417 53375 78870 94427 47106 120976 50994 83406 80154 55977 57938 54577 63000 63039 62991 62973 22 23 22 1987 64818 63618 80939 55409 80332 95275 47863 121637 53079 85516 85008 57541 58642 56849 64978 64803 64819 64804 28 31 28 1988 67047 66151 83072 58123 82415 97392 49895 123155 54913 89945 89074 59074 59884 58621 67215 67032 67046 67031 34 34 34 1989 69579 69025 86268 60840 84410 99435 51848 124695 56680 91443 91021 60924 61504 60654 69765 69572 69577 69570 38 38 38 1990 72274 72180 89801 63808 86125 101339 53522 126310 58011 92063 93630 63405 63548 63474 72601 72272 72262 72260 39 41 39 1991 74826 74789 91996 66581 87404 102906 54491 128112 58771 93283 92848 65606 66070 65443 74980 74821 74824 74819 35 33 35 1992 76602 76989 93106 69236 87152 102048 54502 126605 59486 92904 92922 67276 68101 66856 76788 76590 76598 76586 24 24 24 1993 78288 78679 93915 71294 88163 102100 56103 125322 61890 92879 92210 68949 69830 68494 78404 78289 78290 78291 22 21 22 1994 79935 80302 94870 73200 89352 102592 58089 124604 64069 93914 93075 70819 71725 70351 80029 79937 79940 79942 21 21 21
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
192 GDP and Other Major NIPA Series August 2012
Table 2A Real Gross Domestic ProductmdashTable Ends [Billions of chained (2005) dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Gross domestic product
Personal consumption expenditures
Gross private
domestic investment
Exports and imports of goods and services Government
consumption expenditures
and gross investment
Residual Final sales of domestic
product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
Percent change from preceding period
Exports Imports Gross
domestic product
Final sales of
domestic product
Gross domestic
purchases
Final sales to domestic purchasers
Gross national product
1994 I 87205 58455 11626 7306 8323 18599 ndash458 86816 88208 87819 87559 40 22 46 28 44 II 88398 58888 12304 7547 8633 18677 ndash385 87547 89477 88626 88700 56 34 59 37 53 III 88967 59360 12082 7835 8876 19005 ndash439 88496 89990 89518 89240 26 44 23 41 25 IV 89955 59946 12646 8009 9126 18841 ndash361 89207 91065 90317 90221 45 32 49 36 45
1995 I 90176 60016 12774 8156 9326 18916 ndash360 89587 91346 90757 90561 10 17 12 20 15 II 90370 60508 12431 8268 9415 18979 ndash401 90117 91511 91257 90787 09 24 07 22 10 III 91129 61049 12311 8628 9447 18937 ndash349 91190 91883 91942 91373 34 49 16 30 26 IV 91764 61478 12658 8752 9568 18725 ndash281 91722 92514 92469 92146 28 24 28 23 34
1996 I 92393 62040 12824 8862 9879 18845 ndash299 92514 93373 93493 92850 28 35 38 45 31 II 93990 62742 13489 9011 10100 19116 ndash268 93840 95052 94900 94341 71 59 74 62 66 III 94808 63118 14169 9084 10427 19097 ndash233 94250 96157 95597 95119 35 18 47 30 33 IV 95843 63632 14130 9653 10633 19259 ndash198 95572 96780 96508 96214 44 57 26 39 47
1997 I 96580 64273 14460 9837 11087 19294 ndash197 96244 97815 97477 96850 31 28 43 41 27 II 98012 64533 15383 10227 11459 19460 ndash132 97010 99220 98217 98374 61 32 59 31 64 III 99242 65630 15657 10464 11881 19482 ndash110 98541 100642 99940 99513 51 65 59 72 47 IV 100003 66381 15907 10445 12138 19515 ndash107 99175 101698 100867 100198 31 26 43 38 28
1998 I 100948 67041 16666 10495 12593 19397 ndash58 99798 103066 101912 101247 38 25 55 42 43 II 101856 68195 16467 10374 12882 19819 ndash117 101484 104404 104034 102125 36 69 53 86 35 III 103200 69099 16939 10326 13055 20002 ndash111 102655 105983 105439 103315 54 47 62 55 47 IV 104986 70159 17484 10715 13478 20181 ndash75 104396 107791 107201 105122 71 70 70 69 72
1999 I 105921 70851 18034 10633 13821 20284 ndash60 105083 109163 108324 106190 36 27 52 43 41 II 106749 71966 17971 10755 14261 20369 ndash51 106391 110306 109950 107075 32 51 43 61 34 III 108107 72831 18422 11037 14779 20633 ndash37 107705 111893 111493 108397 52 50 59 57 50 IV 110048 73858 19076 11313 15133 20959 ndash25 109081 113910 112942 110456 74 52 74 53 78
2000 I 110336 74978 18809 11508 15747 20787 01 110182 114616 114464 110692 11 41 25 55 09 II 112488 75683 20111 11835 16227 21064 22 111484 116919 115916 112881 80 48 83 52 82 III 112583 76424 19797 12124 16794 20998 34 111968 117288 116674 112928 03 17 13 26 02 IV 113250 77100 19807 12029 16781 21062 33 112685 118041 117478 113868 24 26 26 28 34
2001 I 112878 77408 18761 11871 16537 21373 02 113256 117582 117964 113339 ndash13 20 ndash15 17 ndash18 II 113617 77700 18700 11483 16044 21817 ndash39 113757 118232 118375 114169 27 18 22 14 30 III 113304 78042 18303 10892 15656 21778 ndash55 113641 118141 118483 113603 ndash11 ndash04 ndash03 04 ndash20 IV 113700 79264 17245 10585 15469 22164 ndash89 114626 118676 119612 114688 14 35 18 39 39
2002 I 114671 79537 17819 10754 15857 22504 ndash86 114857 119855 120044 115233 35 08 40 15 19 II 115281 79941 18034 11046 16392 22720 ndash68 115182 120687 120590 115645 21 11 28 18 14 III 115866 80483 18080 11123 16662 22904 ndash62 115699 121459 121294 116387 20 18 26 24 26 IV 115906 80769 18083 11010 16962 23057 ndash51 115608 121899 121603 116617 01 ndash03 15 10 08
2003 I 116389 81177 18104 10908 16757 23009 ndash52 116096 122289 121997 116949 17 17 13 13 11 II 117375 81981 18218 10873 16996 23351 ndash52 117426 123546 123601 118081 34 47 42 54 39 III 119307 83085 18884 11168 17196 23420 ndash54 119286 125388 125370 120008 67 65 61 58 67 IV 120386 83537 19599 11691 17838 23437 ndash40 120011 126566 126191 121360 37 25 38 26 46
2004 I 121179 84276 19701 11970 18292 23549 ndash25 120665 127524 127010 122340 27 22 31 26 33 II 121959 84651 20557 12157 19026 23635 ndash15 121184 128833 128057 122851 26 17 42 33 17 III 122867 85391 20821 12247 19304 23721 ndash09 122242 129926 129301 123867 30 35 34 39 34 IV 123872 86313 21249 12528 19794 23576 00 123161 131136 130425 124607 33 30 38 35 24
2005 I 125150 87001 21700 12762 19909 23599 ndash03 124241 132297 131388 126234 42 36 36 30 53 II 125707 87862 21313 13036 20129 23624 01 125552 132799 132644 126677 18 43 15 39 14 III 126705 88529 21551 13039 20253 23839 00 126585 133918 133799 127769 32 33 34 35 35 IV 127356 88749 22328 13366 20821 23734 00 126542 134812 133999 128124 21 ndash01 27 06 11
2006 I 128964 89658 22663 13887 21215 23971 00 128319 136294 135650 129747 51 57 45 50 52 II 129487 90198 22631 14121 21452 23991 ndash02 128773 136821 136107 130216 16 14 16 14 15 III 129504 90739 22312 14142 21709 24027 ndash07 128828 137076 136400 130096 01 02 07 09 ndash04 IV 130384 91583 21667 14735 21682 24094 ndash13 130053 137333 137001 131073 27 39 07 18 30
2007 I 130561 92092 21451 14965 21998 24067 ndash16 130382 137594 137415 131226 05 10 08 12 05 II 131736 92445 21930 15213 22107 24268 ndash13 131262 138632 138158 132484 36 27 31 22 39 III 132698 92852 21763 15780 22160 24479 ndash16 132318 139083 138703 134058 30 33 13 16 48 IV 133260 93126 21236 16219 21865 24553 ndash09 133140 138901 138782 135110 17 25 ndash05 02 32
2008 I 132668 92891 20557 16439 21941 24739 ndash17 132778 138180 138288 134317 ndash18 ndash11 ndash21 ndash14 ndash23 II 133105 92858 20240 16939 21801 24845 24 133259 137945 138097 134766 13 15 ndash07 ndash05 13 III 131869 91960 19347 16787 21433 25107 101 132256 136465 136846 133674 ndash37 ndash30 ndash42 ndash36 ndash32 IV 128835 90760 17446 15806 20586 25205 204 129729 133533 134415 129919 ndash89 ndash74 ndash83 ndash69 ndash108
2009 I 127110 90395 15160 14525 18560 25316 274 128703 131037 132618 128195 ndash53 ndash31 ndash73 ndash52 ndash52 II 127010 89993 14007 14546 17774 25904 334 128900 130144 132023 128068 ndash03 06 ndash27 ndash18 ndash04 III 127467 90462 13948 15023 18493 26143 384 129283 130820 132623 128953 14 12 21 18 28 IV 128731 90454 15211 15852 19327 26211 330 129102 132093 132456 130345 40 ndash06 40 ndash05 44
2010 I 129476 91008 15914 16082 19809 26004 277 129147 133093 132759 131219 23 01 31 09 27 II 130196 91594 16464 16454 20742 26187 239 129854 134389 134039 132165 22 22 39 39 29 III 131035 92160 17101 16839 21428 26167 196 130055 135534 134548 133011 26 06 35 15 26 IV 131812 93085 16843 17247 21430 25874 193 131356 135905 135441 133742 24 41 11 27 22
2011 I 131838 93809 16616 17488 21654 25407 172 131544 135921 135619 133943 01 06 00 05 06 II 132647 94032 17113 17664 21660 25354 144 132341 136552 136238 134861 25 24 19 18 28 III 133069 94419 17358 17929 21908 25166 105 133112 136964 136996 135347 13 23 12 22 14 IV 134410 94893 18673 17993 22173 25027 ndash03 133614 138514 137713 136729 41 15 46 21 41
2012 I 135064 95468 18951 18187 22342 24837 ndash37 134401 139144 138475 136938 20 24 18 22 06 II 135580 95820 19340 18424 22668 24748 ndash84 134811 139759 138985 15 12 18 15
NOTE The residual is the difference between gross domestic product and the sum of the detailed components shown in this table
193 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1929 7733 8363 8724 7544 4667 6258 5425 33695 2244 9786 2906 2421 6181 2851 10620 7848 7740 1930 7067 7915 8034 7387 3113 4796 4471 28836 1779 5949 2402 2106 6812 3158 11690 7311 7075 1931 6609 7667 7741 7199 1956 3326 2929 18557 1187 4975 1996 1837 7095 3266 12197 6881 6610 1932 5745 6979 6835 6764 0590 1934 1754 11365 0695 2627 1564 1524 6860 3340 11629 6097 5743 1933 5671 6824 6785 6513 0869 1709 1581 8816 0712 2146 1574 1588 6633 4130 10421 5911 5663 1934 6288 7312 7405 6832 1570 2210 2014 9940 0984 2938 1749 1622 7482 5541 10956 6474 6271 1935 6846 7758 8013 7070 2906 2864 2552 11028 1341 4111 1845 2125 7687 5639 11306 6876 6831 1936 7740 8548 9078 7505 3726 3814 3451 14477 1840 5205 1938 2101 8971 8514 11371 7786 7713 1937 8137 8864 9348 7857 4653 4472 4134 18358 2139 5661 2441 2364 8592 7666 11369 8111 8117 1938 7857 8722 9140 7794 3076 3543 3031 14689 1489 5691 2414 1837 9252 8465 12035 7995 7841 1939 8492 9209 9773 8097 3956 4252 3383 15500 1718 8062 2549 1930 10067 9077 13229 8586 8473 1940 9236 9686 10380 8410 5510 5108 4187 17596 2227 9093 2899 1976 10350 10163 12794 9169 9205 1941 10813 10373 11204 8909 6729 5828 4930 20899 2611 9661 2973 2430 17205 26817 11982 10640 10782 1942 12809 10127 10340 9400 3555 3289 2902 12917 1498 4887 1964 2206 40483 82370 10867 12859 12763 1943 14906 10411 10239 10151 2099 2539 2425 9387 1345 2904 1655 2782 60224 130288 9876 15168 14842 1944 16109 10707 10316 10718 2594 3118 3221 12292 1799 2500 1778 2912 67771 148703 9525 16396 16039 1945 15929 11370 11021 11293 3424 4268 4525 16574 2576 2940 2491 3096 59168 127726 9855 16262 15853 1946 14186 12784 13059 11807 8778 7872 6673 32740 3213 12338 5379 2566 20344 34335 10837 14036 14137 1947 14059 13029 13438 11856 8433 9469 7765 29776 4367 15901 6133 2436 17281 25367 12329 14330 14031 1948 14677 13323 13708 12170 10775 10428 8172 31334 4596 19026 4831 2843 18542 27378 13112 14600 14660 1949 14601 13692 14120 12464 8226 9533 7422 30294 4029 17588 4786 2742 20755 30046 15108 14947 14577 1950 15878 14570 15214 13011 11615 11385 8104 32461 4447 24064 4190 3241 20779 28399 16349 15820 15853 1951 17106 14799 15033 13780 11649 10906 8479 34946 4576 20145 5135 3369 28386 47155 16475 16944 17093 1952 17761 15266 15371 14399 10534 10701 8315 34809 4445 19784 4913 3665 34178 61369 16749 17846 17747 1953 18579 15995 16167 15006 11029 11448 9062 37902 4848 20485 4584 4010 36627 66331 17578 18726 18554 1954 18461 16331 16340 15530 10517 11627 8868 39201 4576 22183 4806 3812 34132 57637 19115 18778 18445 1955 19791 17536 17844 16311 13072 13141 9851 42011 5203 25776 5319 4271 32885 52422 20494 19836 19778 1956 20182 18049 18112 17094 12894 13191 10413 46421 5341 23678 6197 4618 32912 51508 21156 20290 20180 1957 20588 18497 18422 17685 12333 13048 10571 46396 5480 22230 6737 4812 34379 53343 22408 20812 20591 1958 20403 18658 18234 18260 11312 12113 9410 43866 4680 22463 5826 5040 35484 53320 24312 20661 20385 1959 21866 19718 19381 19164 13603 13804 10159 44917 5237 28170 6427 5571 36688 54992 25232 21965 21840 1960 22408 20260 19721 19915 13600 13922 10737 48488 5459 26165 7543 5645 36751 53496 26338 22542 22391 1961 22930 20677 19846 20648 13512 13879 10670 49151 5354 26238 7583 5607 38600 55739 27961 23082 22925 1962 24319 21700 20867 21624 15227 15133 11602 51393 5974 28754 7965 6243 40977 60488 28818 24356 24325 1963 25382 22593 21701 22543 16249 16306 12247 51986 6476 32142 8535 6411 42032 60526 30552 25450 25393 1964 26851 23939 22994 23885 17589 17882 13701 57399 7303 34011 9540 6752 42958 59725 32626 26969 26867 1965 28575 25453 24623 25204 20058 19708 16088 66553 8641 33017 9807 7471 44250 59697 34813 28534 28588 1966 30437 26897 26184 26453 21825 20838 18100 71109 10024 30063 10487 8581 48149 66303 36998 30250 30423 1967 31206 27703 26697 27541 20827 20453 17856 69313 9958 29117 10728 9206 51844 72903 38868 31178 31193 1968 32717 29301 28350 29009 22039 21881 18654 70299 10578 33086 11572 10578 53472 73491 41168 32735 32709 1969 33733 30399 29216 30303 23323 23242 20070 74096 11513 34063 12131 11181 53347 70969 42557 33762 33710 1970 33798 31112 29447 31487 21791 22754 19963 74300 11399 32026 13435 11658 52059 65738 43738 34075 33772 1971 34932 32297 30679 32574 24275 24477 19964 73082 11512 40808 13663 12280 50926 60677 45077 35024 34923 1972 36788 34283 32685 34458 27150 27420 21797 75359 12997 48061 14689 13662 50556 58197 46068 36878 36784 1973 38920 35982 34378 36091 30331 29926 24968 81520 15381 47752 17458 14296 50379 55748 47381 38845 38995 1974 38705 35683 33124 36783 28097 28055 25177 79755 15774 37895 18837 13972 51648 56243 49164 38734 38835 1975 38623 36492 33349 38164 23120 25042 22689 71355 14272 32975 18718 12419 52812 56426 50970 39148 38657 1976 40695 38525 35684 39802 27791 27511 23800 73073 15164 40740 19536 14848 53049 56453 51346 40689 40776 1977 42566 40146 37215 41447 31989 31465 26486 76079 17449 49486 20006 16471 53630 57647 51532 42475 42681 1978 44940 41916 38753 43375 35846 35274 30450 87058 20106 52602 22115 17898 55210 59092 53216 44818 45034 1979 46345 42912 39373 44700 36989 37265 33517 98098 21861 50672 24307 18195 56241 60519 53998 46419 46581 1980 46217 42761 38376 45389 32926 34844 33429 103837 21075 39949 26925 16987 57337 63390 53958 46716 46449 1981 47390 43410 38830 46203 35886 35623 35333 112161 21971 36747 27256 17433 57860 66420 52873 47359 47542 1982 46470 44015 39101 47103 30859 33125 34003 110325 20829 30075 25173 17214 58876 68989 52898 47071 46651 1983 48570 46531 41589 49568 33733 35541 33563 98404 21950 42524 24524 19386 61027 73561 53514 49055 48719 1984 52060 48998 44586 51508 43672 41543 39486 112125 26303 48836 26526 24105 63078 75829 55444 51619 52155 1985 54214 51551 46931 54173 43266 43729 42103 120095 27974 49608 27331 25669 67471 81771 58879 54347 54151 1986 56092 53642 49556 55784 42971 44237 40901 106935 28504 55696 29429 27863 71573 86407 62669 56412 55899 1987 57887 55297 50448 58007 44295 44480 40870 103859 28895 56807 32594 29511 73300 89477 63575 57981 57672 1988 60266 57525 52322 60469 45337 45947 43008 104539 31074 56231 37815 30671 74220 88010 65933 60457 60093 1989 62420 59152 53643 62301 47156 47328 45409 106616 33351 54524 42161 32022 76240 89379 68340 62521 62242 1990 63591 60359 53975 64151 45569 46340 45633 108187 33361 49819 45954 33168 78655 91185 71112 63834 63482 1991 63442 60450 52904 65110 41862 43335 43186 96150 32504 45032 49005 33118 79514 91000 72585 63850 63276 1992 65595 62511 54571 67431 45254 45904 44565 90354 34873 51263 52370 35440 79885 89351 74156 65833 65403 1993 67466 64731 56838 69589 49299 49839 48456 89768 39226 55450 54086 38505 79253 85842 75244 67669 67263 1994 70214 67203 59836 71666 55998 54500 52915 91405 43904 60840 58802 43098 79245 82555 77197 70004 69913 1995 71980 69021 61623 73488 57743 58010 58478 97235 49158 58850 64755 46547 79705 80353 79247 72102 71711 1996 74672 71429 64383 75640 62851 63213 63940 102744 54383 63550 70133 50595 80507 79423 81090 74799 74395 1997 78000 74066 67453 77973 70672 69045 71658 110280 61861 64751 78490 57409 82020 78641 83980 77740 77620 1998 81397 77950 72010 81409 77747 76537 80264 115911 70837 69732 80281 64119 83759 77758 87291 81192 80937 1999 85326 82213 77745 84744 84592 83658 88640 116049 80857 74092 83785 71500 86761 79270 91179 85155 84928
194 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
2000 88857 86382 81847 88944 90371 89843 97327 125101 89320 74834 90985 80813 88519 79661 93744 88745 88515 2001 89816 88718 84417 91134 84023 88142 94614 123191 86438 75258 85880 78540 91917 82901 97236 90527 89582 2002 91445 91080 87848 92870 82879 84412 87112 101377 82789 79204 84160 81213 96192 88953 100473 91733 91171 2003 93769 93650 91890 94611 86090 87390 88290 97514 85377 85712 85514 84806 98336 94839 100408 94015 93631 2004 97021 96731 95988 97134 94749 93880 93740 98571 92138 94130 93677 94212 99668 98710 100234 96885 97024 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 2006 102658 102850 103322 102599 102742 102375 108027 109180 107590 92667 108969 106099 101359 102127 100910 102596 102423 2007 104622 105218 106394 104599 99412 100390 115039 124578 111168 75379 119108 108652 102713 103399 102311 104808 104731 2008 104270 104637 103776 105067 89296 93228 114125 132595 106411 57345 126376 105733 105381 110819 102310 104991 104692 2009 101069 102602 100697 103558 67124 75494 93507 104659 88911 44489 114835 91422 109262 117613 104568 102598 101328 2010 103486 104460 104304 104554 76327 75326 94148 88308 96822 42862 127623 102832 109955 122883 102711 103478 104193 2011 105356 107103 108263 106543 80284 80311 102288 90733 107473 42268 136152 107746 106497 119480 99224 105506 106304
1947 I 14028 12846 13203 11757 8686 9295 7874 29902 4450 14609 6532 2514 17184 25544 12014 14201 13996 II 14006 13060 13440 11927 7986 9048 7750 29743 4356 13882 6450 2563 17293 25597 12177 14294 13979 III 13995 13102 13530 11901 7730 9355 7596 29945 4209 16009 6122 2273 17451 25611 12461 14410 13967 IV 14207 13106 13580 11839 9332 10178 7841 29515 4454 19103 5429 2395 17193 24718 12663 14415 14182
1948 I 14433 13172 13600 11966 10343 10521 8327 30127 4830 18876 5181 2701 17534 25559 12644 14477 14414 II 14698 13325 13724 12154 11025 10512 8038 30967 4509 19977 4697 2808 18378 27116 13008 14582 14682 III 14777 13344 13710 12219 11143 10399 8058 31892 4451 19341 4807 2955 18735 27669 13239 14607 14761 IV 14800 13450 13800 12342 10588 10279 8264 32349 4594 17908 4638 2907 19523 29169 13559 14733 14784
1949 I 14594 13472 13779 12420 8941 9691 7873 31740 4305 16562 5193 2820 20081 29756 14120 14793 14575 II 14541 13678 14081 12483 7690 9383 7563 30997 4095 16276 5148 2779 20990 30874 14925 14985 14520 III 14704 13709 14153 12457 8364 9360 7187 29626 3879 17671 4718 2665 21201 30534 15546 14978 14679 IV 14566 13910 14469 12495 7907 9696 7064 28813 3836 19841 4084 2705 20750 29021 15843 15033 14535
1950 I 15155 14141 14749 12650 9891 10310 7264 30186 3902 22093 4017 2781 20403 27640 16237 15274 15124 II 15616 14373 14906 12970 10998 11267 7914 31709 4342 24235 4065 2935 20737 28254 16375 15685 15587 III 16227 15111 16022 13171 11988 12108 8624 33545 4809 25567 4171 3621 20339 27251 16387 16249 16209 IV 16513 14656 15178 13254 13581 11856 8612 34404 4733 24363 4509 3628 21635 30451 16397 16072 16492
1951 I 16721 15010 15512 13616 12149 11416 8389 34516 4532 23068 4734 3628 23948 36413 16235 16547 16695 II 16999 14586 14725 13708 12450 10890 8505 35688 4540 19961 5200 3508 27241 44208 16511 16625 16987 III 17337 14756 14887 13880 11488 10714 8600 35472 4640 18688 5328 3211 30332 51849 16591 17175 17328 IV 17367 14842 15007 13915 10509 10603 8422 34108 4593 18861 5278 3127 32023 56150 16564 17430 17364
1952 I 17542 14876 14935 14087 10755 10729 8455 34149 4619 19354 5559 3490 33015 58600 16616 17573 17530 II 17561 15168 15270 14307 9862 10877 8550 34395 4682 19711 4948 3472 34134 60920 16969 17858 17550 III 17679 15241 15254 14497 10387 10210 7777 34682 3989 19513 4557 3684 34472 62487 16510 17684 17665 IV 18263 15780 16025 14704 11132 10987 8477 36010 4490 20560 4588 4014 35090 63469 16900 18270 18243
1953 I 18604 15968 16236 14854 11353 11428 8942 37095 4806 20881 4511 3916 36281 65942 17262 18665 18580 II 18745 16064 16268 15032 11392 11490 9003 37807 4803 20940 4539 4119 37079 68018 17232 18813 18726 III 18631 16027 16131 15124 11124 11499 9208 38017 4965 20146 4721 4103 36631 66162 17693 18767 18601 IV 18336 15920 16033 15012 10248 11375 9096 38688 4815 19972 4565 3901 36517 65201 18124 18660 18308
1954 I 18249 15979 16023 15152 10162 11196 8825 39082 4549 20182 4360 3676 35540 61731 18775 18551 18230 II 18272 16187 16179 15414 10127 11379 8732 39353 4448 21496 4987 4006 34282 58425 18848 18627 18252 III 18478 16407 16350 15682 10645 11833 8970 39267 4659 22808 4827 3765 33455 55519 19373 18811 18458 IV 18848 16751 16806 15872 11135 12098 8944 39101 4649 24245 5049 3801 33252 54873 19463 19125 18839
1955 I 19391 17127 17322 16058 12322 12587 9104 40312 4692 26044 5236 4025 33212 53552 20280 19490 19381 II 19711 17455 17810 16176 13101 13128 9676 41312 5108 26429 5114 4253 32882 52337 20546 19746 19697 III 19975 17671 18058 16342 13288 13418 10171 42683 5427 25865 5450 4325 33082 52889 20514 20034 19960 IV 20086 17893 18186 16668 13576 13431 10451 43738 5586 24768 5474 4482 32365 50910 20634 20076 20074
1956 I 19995 17922 18105 16828 13120 13145 10257 45096 5310 24114 5734 4670 32347 50530 20857 20032 19997 II 20152 17982 18078 16989 12971 13251 10417 46703 5322 23970 6121 4645 33025 51855 21113 20254 20152 III 20126 18022 18003 17168 12819 13229 10501 46999 5372 23499 6324 4686 32713 50911 21218 20262 20130 IV 20455 18270 18261 17392 12667 13138 10476 46887 5359 23131 6608 4471 33563 52735 21434 20612 20439
1957 I 20581 18396 18432 17459 12463 13138 10551 46482 5456 22801 7039 4826 34252 53672 21973 20793 20587 II 20531 18429 18365 17609 12446 13011 10523 46450 5434 22250 6830 4864 34039 52858 22158 20716 20549 III 20729 18576 18519 17738 12743 13142 10745 46458 5625 21950 6639 4770 34300 53050 22471 20872 20738 IV 20511 18585 18374 17933 11679 12902 10466 46194 5405 21918 6440 4787 34925 53793 23030 20867 20490
1958 I 19956 18332 17935 17916 10811 12103 9709 45328 4824 21051 5801 4858 34535 51864 23681 20333 19942 II 20078 18483 17990 18175 10555 11760 9290 43825 4581 21104 5829 5066 35400 53530 24023 20439 20065 III 20549 18785 18329 18419 11426 11927 9150 42825 4538 22643 5847 4989 35621 53321 24548 20737 20528 IV 21028 19034 18683 18530 12456 12662 9491 43486 4777 25055 5829 5250 36381 54566 24996 21137 21003
1959 I 21453 19386 19117 18769 13159 13439 9786 43334 5039 27906 6214 5385 36145 53666 25203 21573 21424 II 21995 19684 19420 19048 14258 13874 10085 44676 5192 28897 6421 5645 36696 54950 25272 21945 21962 III 21969 19889 19573 19304 13266 14044 10404 46005 5362 28351 6625 5698 37158 56085 25294 22212 21945 IV 22046 19912 19414 19537 13730 13857 10363 45655 5354 27524 6448 5554 36753 55268 25159 22128 22030
1960 I 22540 20103 19609 19714 15215 14341 10762 47560 5549 28314 7255 5764 36029 52782 25597 22370 22516 II 22435 20357 19883 19933 13675 14052 10929 48124 5648 25986 7716 5807 36322 52580 26223 22584 22414 III 22472 20276 19756 19909 13594 13676 10657 48216 5411 25197 7522 5637 37197 54212 26614 22552 22457 IV 22184 20303 19637 20102 11915 13620 10598 50051 5227 25164 7677 5371 37456 54410 26919 22662 22179
1961 I 22315 20297 19451 20304 12219 13449 10375 49824 5056 25261 7625 5345 37946 54339 27792 22680 22319 II 22733 20599 19745 20600 13129 13647 10589 48994 5297 25352 7519 5410 38037 54847 27604 22923 22725 III 23100 20699 19874 20662 14229 13975 10677 49022 5369 26721 7478 5768 38783 56387 27838 23100 23093 IV 23570 21114 20316 21026 14469 14446 11038 48764 5692 27618 7709 5905 39635 57381 28610 23625 23563
195 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1962 I 23993 21338 20554 21225 15332 14755 11294 49678 5841 28116 7690 6085 40336 59488 28403 23914 23982 II 24258 21600 20756 21542 15184 15203 11631 51488 5991 28995 8428 6218 40555 59733 28607 24321 24261 III 24482 21776 20915 21728 15455 15325 11781 52844 6017 28971 7957 6297 41478 61530 28972 24510 24485 IV 24542 22084 21242 22002 14936 15250 11701 51563 6045 28933 7785 6374 41538 61199 29288 24679 24571
1963 I 24863 22233 21441 22089 15765 15428 11683 49768 6164 29978 7967 6226 41285 59714 29839 24843 24880 II 25174 22446 21618 22330 15995 16144 12056 52126 6303 32135 8900 6373 41233 59161 30110 25265 25182 III 25648 22752 21835 22721 16517 16562 12421 52488 6586 32730 8424 6534 43001 62445 30915 25713 25656 IV 25843 22941 21909 23031 16720 17091 12829 53562 6851 33726 8847 6513 42610 60783 31346 25980 25856
1964 I 26423 23394 22416 23403 17407 17743 13148 54952 7018 35792 9389 6507 42768 60473 31813 26548 26449 II 26727 23806 22888 23729 17327 17695 13483 56815 7161 33990 9545 6653 43045 60070 32544 26864 26742 III 27090 24243 23422 24039 17739 17978 13941 58681 7409 33435 9471 6832 43071 59598 32899 27197 27109 IV 27165 24311 23250 24368 17884 18110 14231 59147 7622 32825 9753 7017 42947 58760 33247 27267 27168
1965 I 27832 24852 24007 24645 19683 18935 15187 62180 8208 32940 8701 6764 42843 58020 33562 27699 27858 II 28210 25126 24181 25018 19682 19465 15759 66513 8361 33197 10335 7562 43396 58132 34414 28199 28240 III 28782 25558 24676 25360 20385 19992 16355 67213 8820 33327 9743 7593 44897 60480 35383 28729 28792 IV 29477 26276 25627 25791 20479 20441 17051 70307 9175 32605 10449 7964 45862 62158 35893 29509 29462
1966 I 30200 26664 26109 26059 22211 21205 17794 71978 9687 33346 10266 8169 46687 63579 36338 30001 30187 II 30301 26733 25979 26343 21805 20931 18071 70590 10040 30671 10715 8373 47514 65262 36619 30137 30287 III 30500 27039 26353 26560 21589 20924 18291 72162 10104 29674 10313 8842 48800 67904 37042 30388 30481 IV 30747 27151 26298 26850 21693 20290 18244 69704 10265 26561 10653 8941 49594 68469 37995 30474 30735
1967 I 31018 27310 26366 27099 21099 19813 17858 70424 9867 25762 10859 9082 51699 73163 38465 30782 31001 II 31025 27682 26825 27361 20199 20320 17794 68421 9976 28691 10760 9009 51418 72103 38675 31111 31002 III 31272 27824 26746 27734 20779 20520 17704 69145 9838 30129 10498 9127 51953 73249 38827 31270 31268 IV 31511 27996 26851 27968 21229 21160 18069 69260 10149 31884 10797 9608 52307 73097 39504 31547 31499
1968 I 32160 28664 27706 28406 21691 21671 18637 70618 10536 32079 11111 10174 53220 74368 40197 32207 32149 II 32706 29104 28121 28853 22568 21560 18313 70020 10300 32889 11332 10330 53466 73771 40979 32531 32696 III 32930 29651 28810 29226 21835 21878 18557 69568 10555 33480 11998 10951 53578 73136 41568 32997 32925 IV 33072 29787 28763 29550 22062 22415 19107 70990 10922 33897 11845 10858 53622 72689 41927 33206 33065
1969 I 33593 30120 29148 29814 23515 23122 19672 72087 11332 35118 10424 9834 53674 72285 42268 33550 33583 II 33691 30313 29169 30180 23328 23223 19885 72659 11474 34741 12760 11774 53450 71132 42623 33715 33671 III 33904 30459 29221 30420 23867 23610 20422 76085 11655 34457 12454 11622 53525 71182 42713 33889 33872 IV 33745 30702 29326 30797 22582 23013 20300 75553 11593 31937 12886 11494 52739 69277 42625 33896 33714
1970 I 33692 30891 29374 31124 21875 22931 20182 74959 11539 32001 12997 11456 52455 67908 43021 33988 33667 II 33753 31032 29457 31319 21943 22421 20072 74192 11508 29868 13569 11683 51777 65781 43251 33923 33736 III 34054 31304 29638 31673 22318 22820 20174 74462 11575 31460 13525 11656 52001 64808 44228 34227 34031 IV 33693 31219 29318 31833 21026 22842 19423 73588 10972 34776 13649 11837 52002 64455 44451 34163 33653
1971 I 34622 31816 30259 32051 23756 23353 19600 73404 11148 36632 13701 11697 51160 61946 44653 34586 34614 II 34818 32107 30508 32373 24492 24319 19890 73214 11430 40329 13674 12580 50996 61053 44952 34825 34822 III 35096 32364 30704 32680 24814 24779 19970 72951 11527 42316 14236 12858 50964 60796 45063 35131 35073 IV 35194 32902 31244 33193 24038 25456 20397 72760 11941 43956 13042 11986 50584 58915 45642 35555 35183
1972 I 35823 33341 31536 33761 25738 26601 21083 74662 12395 46888 14423 13738 50768 59155 45792 36049 35818 II 36672 33978 32370 34174 27313 27070 21432 75081 12680 47807 14004 13250 51083 60101 45695 36647 36658 III 37024 34502 32933 34638 27702 27368 21767 75247 12979 47918 14849 13526 50030 56860 46068 36978 37028 IV 37634 35311 33899 35257 27846 28641 22905 76445 13934 49630 15479 14135 50344 56673 46717 37838 37632
1973 I 38596 35957 34709 35712 29614 29851 23975 78942 14697 51300 16613 14788 50839 57611 46928 38667 38630 II 39043 35939 34374 36011 30998 30110 24954 81408 15378 48690 17414 14362 50536 56718 47009 38857 39094 III 38835 36068 34385 36252 29786 30022 25373 83248 15587 46624 17472 13965 49887 54311 47503 38905 38944 IV 39205 35963 34044 36389 30926 29720 25572 82482 15861 44396 18331 14069 50254 54354 48085 38950 39314
1974 I 38861 35648 33489 36334 28952 29018 25544 82018 15882 41140 18565 13592 51305 56066 48713 38902 39043 II 38961 35772 33384 36689 28809 28601 25487 81680 15862 39346 19468 14312 51651 55977 49339 38945 39116 III 38575 35919 33492 36869 27184 28097 25190 78135 15968 38050 18418 14062 51728 56258 49286 38825 38693 IV 38424 35393 32132 37241 27442 26504 24486 77186 15383 33043 18899 13922 51908 56671 49317 38261 38486
1975 I 37956 35690 32365 37588 22622 24881 22984 73213 14356 31002 19032 12526 52544 56034 50778 38560 37966 II 38246 36285 33056 38054 21836 24531 22383 70455 14074 31668 18479 11523 52140 55584 50401 38956 38256 III 38891 36802 33872 38238 23686 25144 22589 70853 14231 33873 18167 12481 53057 56970 51025 39306 38920 IV 39399 37192 34103 38776 24337 25613 22799 70901 14429 35356 19195 13147 53507 57115 51675 39770 39486
1976 I 40294 37935 35101 39229 26857 26674 23211 72812 14622 38970 19061 13971 53640 56588 52238 40320 40363 II 40597 38283 35524 39488 28002 27130 23494 72592 14919 40091 19254 14576 53052 56466 51342 40456 40679 III 40796 38688 35837 39969 28054 27414 24008 73329 15338 39437 19813 15171 52773 56306 50983 40706 40880 IV 41092 39192 36272 40522 28249 28825 24487 73558 15778 44464 20014 15673 52732 56450 50821 41275 41184
1977 I 41569 39640 36666 41005 29639 29867 25438 73307 16730 45805 19693 16415 53210 56919 51310 41662 41714 II 42395 39859 36936 41164 31930 31534 26172 76049 17144 51045 20224 16566 53763 57857 51614 42332 42525 III 43154 40239 37233 41610 33670 31942 26720 77201 17553 50884 20380 16335 53861 58191 51560 42777 43273 IV 43145 40846 38027 42010 32719 32518 27615 77757 18369 50211 19726 16567 53688 57621 51645 43126 43214
1978 I 43292 41085 37814 42681 33368 32791 27888 77607 18655 50464 20191 17679 53775 57823 51657 43181 43422 II 44995 41963 38899 43324 35659 35171 30240 85196 20112 52888 22295 17735 55227 59202 53172 44895 45036 III 45436 42139 38931 43634 36760 36182 31320 90815 20535 53623 22540 17966 55667 59411 53768 45306 45509 IV 46037 42478 39370 43862 37596 36953 32353 94614 21119 53434 23434 18213 56172 59932 54268 45888 46168
196 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1979 I 46114 42693 39340 44308 37590 37234 33057 94087 21884 52185 23454 18163 55667 60013 53375 46033 46256 II 46158 42668 39008 44584 37503 36945 32958 95449 21621 51211 23516 18261 56255 60755 53869 46031 46358 III 46489 43087 39657 44762 36773 37616 33985 99899 22115 50602 24363 17982 56337 60661 54066 46699 46794 IV 46617 43202 39489 45148 36089 37265 34070 102958 21825 48691 25896 18375 56704 60647 54683 46912 46916
1980 I 46767 43127 39289 45199 35827 36739 34444 104548 22009 44965 26619 18389 57616 62588 54936 47003 47077 II 45809 42148 37670 44894 32595 33543 32696 102253 20527 36646 27120 17054 57795 64162 54218 46081 46076 III 45724 42600 38057 45391 30110 33874 32942 102762 20716 37273 27063 15828 56998 63297 53456 46682 45956 IV 46569 43168 38490 46070 33172 35220 33635 105785 21049 40915 26899 16677 56940 63511 53223 47099 46687
1981 I 47537 43404 39043 45985 36468 35478 34177 105721 21613 40183 27407 17389 57696 64826 53623 47331 47679 II 47158 43404 38731 46289 34732 35712 34866 109705 21813 38821 27555 17416 57825 66761 52596 47425 47273 III 47731 43580 39122 46250 36888 35716 35715 112472 22329 35826 26969 17217 57694 66689 52427 47480 47871 IV 47136 43250 38423 46287 35457 35586 36574 120746 22130 32157 27094 17711 58225 67403 52844 47200 47343
1982 I 46363 43530 38808 46457 31763 34507 35709 116906 21735 30303 25919 17206 58167 67508 52680 47067 46545 II 46614 43686 38799 46762 31735 33301 34432 113096 20906 29347 26075 16925 58506 68120 52846 47047 46860 III 46434 44021 39005 47202 31365 32373 33269 106861 20524 29254 24920 17710 58906 69141 52850 46739 46590 IV 46471 44824 39792 47992 28572 32321 32600 104435 20150 31396 23779 17015 59923 71185 53217 47431 46608
1983 I 47049 45263 40000 48622 29589 33027 31990 100175 20082 36747 24163 17405 60373 72042 53408 47932 47176 II 48106 46162 41179 49243 32445 34302 32381 95420 21114 41100 24236 18743 60889 73574 53279 48611 48257 III 49055 46978 42093 49949 34626 36352 33845 97652 22342 45171 24601 20203 61946 75639 53700 49512 49208 IV 50069 47723 43084 50458 38272 38482 36037 100370 24262 47080 25097 21194 60899 72990 53667 50163 50234
1984 I 51040 48132 43667 50707 42278 39689 37212 106076 24734 48388 25622 22897 61512 73614 54281 50498 51157 II 51921 48820 44641 51134 43704 41321 39062 111401 25957 49283 26259 23857 62838 75924 54984 51424 52034 III 52426 49197 44669 51801 44720 42202 40349 114917 26832 48810 26839 24474 63302 75634 55942 51898 52530 IV 52853 49845 45367 52391 43986 42960 41322 116107 27691 48861 27384 25191 64659 78144 56569 52655 52898
1985 I 53351 50690 46067 53338 42536 43292 41802 121028 27531 48709 27403 24635 65400 78977 57256 53547 53301 II 53803 51152 46488 53822 43270 43836 42397 120962 28166 49098 27304 25846 66867 80904 58439 53955 53773 III 54644 52124 47727 54546 42792 43483 41749 118457 27824 49722 26904 25596 68603 83617 59565 54831 54541 IV 55058 52238 47442 54985 44465 44304 42465 119932 28376 50904 27714 26599 69013 83585 60258 55056 54988
1986 I 55587 52674 48163 55175 44373 44368 41882 116932 28169 53080 28590 26575 69759 83141 61759 55622 55470 II 55811 53235 49019 55487 43389 44262 40834 105913 28574 56026 28901 27707 71242 85792 62514 56042 55605 III 56349 54166 50538 55935 42028 44013 40236 102136 28461 56889 29562 28475 72854 89039 63114 56831 56166 IV 56621 54492 50506 56538 42094 44306 40650 102760 28813 56787 30663 28694 72436 87657 63290 57153 56356
1987 I 56935 54409 49473 57205 43380 43428 39532 100357 27965 56637 30686 28522 72732 88179 63449 57000 56689 II 57540 55138 50421 57748 43440 44205 40479 101537 28804 56886 31904 29234 73192 89403 63446 57760 57338 III 58040 55753 51179 58240 43484 45146 41783 105766 29599 56714 33279 29802 73194 89498 63393 58450 57827 IV 59033 55887 50721 58835 46875 45140 41686 107774 29213 56992 34509 30487 74080 90829 64012 58713 58834
1988 I 59338 56820 51918 59545 44234 45081 42007 103705 30124 55759 36421 30345 73721 88361 64922 59581 59200 II 60100 57233 52188 60060 45310 45963 43039 105858 30919 56201 37429 29996 73914 87461 65773 60299 59929 III 60410 57684 52178 60858 45601 46140 43265 104428 31364 56236 38123 30704 73871 86806 66099 60586 60209 IV 61217 58364 53005 61412 46205 46603 43721 104166 31890 56730 39287 31640 75372 89413 66939 61364 61035
1989 I 61792 58578 53079 61728 47975 47067 44460 105845 32442 56358 40442 31786 74909 87583 67290 61660 61600 II 62254 58840 53378 61958 47415 47131 45092 104650 33297 54689 42202 31937 76069 89554 67965 62259 62048 III 62748 59450 54147 62437 46858 47951 46384 108318 34153 54093 42664 31893 76786 90416 68595 63043 62560 IV 62885 59741 53967 63081 46377 47162 45700 107653 33513 52957 43335 32471 77194 89962 69512 63122 62761
1990 I 63542 60214 54691 63356 46833 47748 46307 110021 33819 53496 45229 33500 78385 91312 70609 63807 63391 II 63794 60412 54105 64146 46846 46644 45507 109482 33032 51438 45843 33444 78501 91421 70730 63834 63652 III 63793 60642 53978 64639 45744 46140 45797 109081 33405 48516 46178 33310 78478 90605 71172 63960 63597 IV 63234 60170 53127 64461 42851 44826 44922 104163 33190 45828 46565 32416 79257 91401 71939 63733 63287
1991 I 62928 59998 52671 64505 41106 43291 43763 101920 32266 43102 46899 32047 79579 92110 72031 63478 62851 II 63353 60456 52966 65076 40900 43226 43343 99143 32224 44120 48587 32617 79857 92371 72317 63935 63155 III 63620 60687 53285 65237 41918 43370 42933 92709 32744 45949 49700 33535 79478 90650 72733 64023 63385 IV 63869 60659 52695 65624 43523 43452 42707 90827 32781 46957 50833 34275 79144 88871 73258 63965 63713
1992 I 64570 61703 53888 66542 42555 43902 42515 89684 32744 49352 51739 34525 79745 88899 74201 64953 64404 II 65256 62068 54163 66969 45358 45628 44201 89690 34575 51240 51741 35092 79651 88810 74106 65418 65080 III 65930 62755 54755 67714 45827 46321 45094 90466 35430 51358 52865 35646 80060 89824 74153 66137 65715 IV 66623 63520 55480 68499 47277 47764 46451 91574 36743 53102 53135 36499 80083 89870 74165 66825 66413
1993 I 66746 63778 55695 68783 48388 48042 46746 89242 37427 53344 53255 37289 79239 87106 74467 66781 66610 II 67173 64390 56587 69188 48768 49117 47990 89101 38816 53972 53907 38060 79180 85876 75107 67341 66965 III 67526 65089 57172 69960 48734 49988 48525 89531 39338 55835 53731 38561 79101 84970 75523 67869 67374 IV 68418 65668 57900 70427 51306 52208 50562 91200 41324 58647 55450 40110 79491 85415 75880 68682 68105
197 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1994 I 69084 66399 58881 70976 53519 52902 51065 87474 42484 59891 55981 41045 78480 82358 76093 69050 68835 II 70029 66892 59404 71441 56639 54174 52097 92472 42818 61875 57827 42574 78810 81893 76899 69631 69732 III 70480 67427 59956 71961 55621 54712 53073 92365 43922 61199 60036 43772 80192 84140 77761 70386 70156 IV 71263 68093 61103 72286 58214 56210 55424 93307 46393 60397 61365 45003 79500 81830 78034 70951 70928
1995 I 71438 68172 60799 72630 58805 57493 57689 95652 48538 59055 62493 45990 79816 81630 78659 71254 71195 II 71591 68731 61209 73287 57224 57275 58089 97565 48660 57157 63354 46427 80083 81307 79279 71675 71373 III 72193 69346 61950 73809 56673 58031 58479 98275 48977 58924 66110 46587 79907 80754 79329 72529 71833 IV 72696 69833 62535 74226 58269 59241 59655 97447 50456 60261 67064 47182 79013 77722 79720 72952 72441
1996 I 73194 70472 63036 74953 59036 60738 61136 99185 51830 61845 67909 48716 79519 79341 79556 73582 72995 II 74460 71269 64265 75451 62094 62713 62893 101358 53442 64457 69047 49806 80661 80472 80706 74636 74167 III 75107 71696 64722 75854 65225 64164 64986 102607 55606 64280 69606 51421 80583 79053 81434 74962 74778 IV 75927 72280 65507 76301 65048 65236 66744 107828 56653 63615 73969 52436 81266 78825 82662 76014 75640
1997 I 76511 73008 66391 76921 66567 66510 68447 108777 58432 63831 75378 54675 81411 77764 83534 76548 76139 II 77646 73304 66340 77443 70817 67943 70146 107813 60580 64638 78363 56511 82116 79142 83832 77157 77338 III 78620 74550 68075 78364 72076 70560 73722 111880 63946 64935 80184 58593 82208 78884 84135 78375 78232 IV 79223 75403 69005 79162 73227 71166 74315 112649 64486 65601 80038 59858 82344 78776 84419 78879 78772
1998 I 79972 76153 69541 80042 76723 73308 76885 111433 67764 66771 80415 62103 81849 76319 85101 79375 79596 II 80691 77463 71369 81018 75805 75863 79699 117435 69840 68778 79488 63526 83628 78419 86686 80716 80286 III 81756 78491 72458 82003 77977 77307 80900 117481 71257 70842 79119 64382 84402 77767 88313 81647 81222 IV 83171 79694 74671 82574 80485 79670 83570 117294 74486 72538 82103 66465 85157 78529 89063 83032 82643
1999 I 83912 80480 75597 83271 83019 81148 85509 116811 76910 72969 81472 68158 85593 78010 90065 83578 83482 II 84568 81747 77386 84213 82729 83047 87906 115395 80111 73755 82409 70330 85950 78009 90636 84619 84178 III 85643 82729 78318 85224 84805 84979 90432 115306 83187 74367 84570 72881 87061 79646 91435 85664 85217 IV 87181 83896 79680 86269 87814 85457 90714 116684 83219 75278 86689 74629 88438 81416 92579 86758 86836
2000 I 87409 85169 80896 87574 86586 87955 94085 118937 86812 75867 88184 77656 87714 78194 93332 87633 87021 II 89114 85969 81340 88591 92581 90167 97556 123869 89896 75349 90688 80023 88884 81324 93347 88669 88743 III 89189 86811 82208 89413 91135 90487 98638 128533 90113 74027 92900 82818 88604 79747 93827 89054 88779 IV 89717 87579 82942 90197 91181 90764 99027 129064 90460 74091 92168 82757 88874 79379 94470 89625 89518
2001 I 89422 87928 83159 90621 86364 90227 98096 125506 90180 74430 90960 81550 90188 81069 95564 90079 89102 II 90009 88260 83398 91006 86084 88816 95517 125954 86853 75477 87991 79121 92061 82805 97518 90477 89755 III 89760 88648 84025 91251 84259 87875 93924 126665 84670 75885 83462 77205 91893 83361 96931 90385 89310 IV 90074 90036 87088 91657 79386 85649 90921 114639 84048 75240 81109 76285 93525 84368 98931 91169 90163
2002 I 90844 90347 86914 92251 82028 84863 88755 108414 82967 77249 82405 78196 94958 86376 100030 91352 90591 II 91327 90806 87328 92738 83018 84535 87330 102546 82740 79143 84641 80837 95870 88372 100302 91611 90915 III 91790 91422 88451 93063 83230 84429 86944 97994 83495 79604 85231 82170 96646 89772 100711 92022 91499 IV 91821 91746 88701 93428 83242 83820 85419 96553 81954 80820 84363 83647 97293 91289 100848 91950 91679
2003 I 92204 92210 89300 93811 83343 83937 85193 95591 81943 81601 83584 82638 97091 91315 100511 92337 91940 II 92986 93123 90947 94312 83865 86121 87543 98449 84144 83454 83313 83817 98534 95718 100201 93396 92830 III 94516 94377 93368 94921 86932 88919 89572 98237 86818 87708 85575 84803 98824 95812 100608 94875 94345 IV 95371 94890 93945 95399 90222 90584 90851 97780 88603 90085 89585 87966 98895 96511 100310 95451 95408
2004 I 95999 95730 94926 96164 90693 90405 90128 97210 87837 90898 91717 90207 99366 97749 100325 95972 96178 II 96617 96155 95138 96707 94634 93193 92565 98337 90666 94318 93154 93828 99730 98304 100575 96384 96580 III 97336 96996 96303 97372 95849 95158 95089 99325 93663 95274 93845 95199 100094 100010 100140 97226 97379 IV 98133 98044 97584 98293 97820 96765 97178 99414 96385 96030 95993 97613 99482 98778 99895 97957 97960
2005 I 99145 98825 98656 98917 99893 97949 98055 101195 96951 97776 97786 98181 99577 99190 99806 98816 99240 II 99586 99803 100017 99689 98113 99692 99498 100812 99015 100050 99885 99265 99685 99286 99922 99858 99588 III 100377 100561 100786 100439 99207 100977 100921 98696 101699 101075 99909 99876 100590 101608 99995 100680 100446 IV 100892 100811 100541 100955 102787 101381 101526 99297 102334 101099 102420 102677 100147 99915 100277 100646 100726
2006 I 102166 101843 102277 101612 104330 103749 105886 103696 106721 100024 106411 104622 101147 102763 100205 102059 102001 II 102581 102457 102633 102362 104183 103277 107797 109068 107314 95488 108200 105792 101232 101887 100851 102420 102370 III 102594 103071 103502 102841 102714 101952 108938 111771 107855 89974 108360 107058 101386 101792 101149 102464 102276 IV 103292 104030 104875 103582 99741 100520 109488 112185 108471 85182 112904 106924 101670 102066 101437 103438 103044
2007 I 103432 104608 105555 104107 98750 100223 111223 115080 109728 81458 114672 108480 101552 100828 101960 103700 103164 II 104362 105010 106055 104457 100953 101096 114118 122401 110781 78890 116571 109019 102401 102582 102288 104399 104153 III 105125 105472 106845 104750 100184 100749 116631 129246 111475 73635 120910 109282 103292 104950 102334 105240 105391 IV 105569 105783 107121 105081 97759 99491 118185 131584 112690 67531 124281 107828 103606 105236 102661 105894 106218
2008 I 105101 105515 105599 105465 94633 97363 117944 131860 112220 62104 125966 108203 104391 107703 102501 105606 105595 II 105447 105478 105719 105344 93176 96078 117269 134869 109945 59721 129793 107511 104838 108996 102473 105988 105947 III 104468 104458 103615 104884 89061 92989 114238 133594 106148 56484 128631 105698 105941 112058 102490 105190 105089 IV 102064 103096 100171 104576 80314 86480 107050 130057 97330 51072 121112 101518 106356 114518 101776 103181 102137
2009 I 100697 102681 100211 103924 69786 79032 98291 118743 89688 45843 111295 91526 106825 113639 102992 102365 100781 II 100618 102224 99684 103494 64480 75092 93667 108062 87704 43058 111460 87652 109307 117333 104794 102521 100681 III 100980 102757 101506 103385 64208 74501 91786 99980 88474 44799 115116 91196 110312 119129 105359 102826 101378 IV 101981 102747 101389 103429 70022 73352 90285 91848 89777 44257 121467 95312 110602 120352 105128 102682 102472
2010 I 102572 103377 102691 103729 73259 73180 90749 86033 92913 42934 123231 97689 109727 120535 103665 102718 103159 II 103142 104042 103531 104310 75792 75696 93411 88731 95582 45223 126079 102286 110498 123355 103292 103280 103902 III 103807 104685 104499 104795 78722 75515 95162 88245 98309 41570 129030 105672 110416 124468 102544 103440 104567 IV 104423 105736 106495 105380 77535 76913 97269 90222 100486 41720 132151 105680 109179 123172 101342 104475 105142
2011 I 104443 106559 107915 105903 76492 76660 96954 83055 103161 41577 134004 106787 107210 119864 100117 104624 105300 II 105084 106812 107655 106412 78778 78942 100297 89561 105120 41994 135352 106816 106985 120681 99317 105258 106022 III 105418 107251 108021 106886 79906 81835 104746 93866 109637 42139 137379 108037 106189 119351 98818 105871 106404 IV 106481 107790 109462 106970 85959 83807 107156 96449 111972 43361 137871 109345 105604 118024 98643 106271 107490
2012 I 106999 108443 110722 107318 87241 85785 109108 99421 113460 45433 139356 110179 104804 116751 98103 106897 107655 II 107408 108843 110922 107817 89029 87074 110536 99638 115439 46502 141176 111785 104425 116647 97574 107222
198 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1929 10593 10517 16312 7786 11298 15049 4650 24602 5275 15659 11318 6389 6924 4809 10362 10580 10614 10601 1930 10184 10073 15445 7563 10836 14344 4402 23616 5161 14177 9651 6192 6617 4675 9935 10172 10226 10213 ndash39 ndash41 ndash39 1931 9172 8995 13318 7031 10022 13354 4027 22385 4672 11155 7799 5880 6566 4395 8960 9162 9169 9159 ndash99 ndash98 ndash99 1932 8129 7934 11477 6352 8854 12089 3495 21113 3808 9675 6252 5352 6253 3956 7918 8120 8097 8088 ndash114 ndash116 ndash114 1933 7916 7652 11384 5953 8709 11882 3531 20284 3756 9674 5992 5511 6321 4096 7700 7908 7880 7872 ndash26 ndash28 ndash26 1934 8303 7999 12506 5876 9145 12297 3543 21428 4169 11218 6807 5929 6755 4420 8068 8296 8313 8306 49 48 49 1935 8468 8194 12834 6006 9188 12424 3708 21239 4109 11503 6920 5979 6834 4451 8226 8461 8482 8475 20 20 20 1936 8561 8268 12883 6103 9279 12404 3702 21206 4310 11891 7404 6159 7463 4432 8328 8553 8573 8565 11 12 11 1937 8876 8570 13347 6330 10084 13443 4206 22419 4728 12681 8263 6290 7584 4541 8651 8866 8944 8934 37 39 37 1938 8708 8376 12808 6336 10221 13548 4126 22959 4877 12095 7636 6303 7713 4505 8478 8697 8684 8673 ndash19 ndash20 ndash19 1939 8599 8295 12616 6319 10166 13404 4081 22717 4910 11932 8014 6201 7568 4441 8389 8586 8599 8586 ndash13 ndash10 ndash13 1940 8674 8365 12728 6369 10423 13712 4147 23325 5057 12942 8549 6129 7270 4480 8450 8661 8700 8687 09 07 09 1941 9239 8883 13770 6594 11193 14614 4438 24809 5524 14130 9029 6507 7651 4781 8988 9226 9285 9271 65 64 65 1942 10000 9989 16045 7059 12272 16154 4951 27285 5935 17073 10342 6539 7506 5284 9709 9984 10014 9998 82 80 82 1943 10562 10907 17888 7500 12808 16675 5381 27428 6424 18676 11132 6645 7577 5675 10253 10544 10556 10537 56 56 56 1944 10815 11534 19078 7845 13239 17011 5500 27955 7048 21035 11693 6559 7444 5895 10486 10795 10807 10787 24 23 24 1945 11091 11995 19950 8101 13658 17446 5744 28427 7524 20862 12021 6633 7512 6090 10764 11072 11093 11074 26 27 26 1946 12369 12831 21473 8593 15061 19298 6433 31118 8169 20164 13403 8213 9584 6654 12081 12353 12410 12394 115 122 116 1947 13743 14132 24057 9220 17688 22449 7798 35253 9784 23413 16058 8875 10168 7466 13414 13727 13755 13739 111 110 111 1948 14522 14932 25478 9706 19198 24383 8675 37794 10606 24661 17451 9218 10074 8346 14192 14506 14526 14510 57 58 57 1949 14515 14818 24887 9872 19572 24948 8645 39253 10747 23190 16633 9482 10503 8418 14210 14497 14499 14481 00 01 ndash01 1950 14628 14996 24968 10125 20006 25459 8753 40238 11012 22583 17667 9488 10442 8494 14373 14610 14656 14638 08 11 08 1951 15635 16016 26981 10624 21733 27902 9761 43656 11801 25515 21353 10118 10898 9365 15402 15614 15712 15690 69 72 69 1952 15976 16345 27241 11012 22264 28534 10021 44539 12125 25670 20580 10321 11005 9768 15709 15954 15982 15960 22 20 22 1953 16178 16563 27117 11440 22449 28790 10217 44647 12212 25598 19696 10429 11080 9958 15881 16157 16174 16153 13 11 13 1954 16342 16704 27016 11728 22619 29066 10093 45718 12261 25250 19965 10650 11337 10123 16059 16321 16322 16301 10 11 10 1955 16576 16772 26857 11930 22989 29462 10295 46151 12516 25466 19858 11093 11947 10320 16280 16557 16601 16582 14 14 14 1956 17148 17108 27314 12217 24341 31782 11176 49581 12835 26318 20208 11716 12562 10981 16831 17128 17170 17150 35 34 34 1957 17749 17628 28168 12574 25187 33406 11655 52392 12868 27316 20438 12234 13125 11456 17400 17727 17741 17720 35 34 35 1958 18157 18043 28809 12882 25249 33570 11468 53415 12836 27039 19589 12602 13663 11608 17779 18136 18139 18118 23 22 23 1959 18363 18314 28957 13229 25488 34011 11530 54395 12875 27094 19766 12653 13564 11851 17987 18344 18355 18336 11 12 11 1960 18620 18615 29184 13580 25624 34165 11516 54845 12962 27474 19955 12809 13677 12066 18235 18601 18612 18592 14 14 14 1961 18830 18810 29294 13826 25543 33970 11446 54544 12983 27892 19955 13065 13908 12357 18428 18811 18821 18802 11 11 11 1962 19087 19032 29444 14089 25559 33975 11537 54274 13003 27961 19720 13398 14202 12743 18670 19069 19078 19060 14 13 14 1963 19290 19254 29689 14305 25485 33971 11636 53975 12901 27898 20102 13690 14506 13028 18887 19273 19281 19264 11 12 11 1964 19589 19536 30013 14572 25640 34142 11801 53952 13003 28128 20526 14070 14995 13293 19191 19572 19580 19563 16 16 16 1965 19945 19819 30328 14845 26077 34532 12143 54001 13372 29023 20812 14444 15379 13662 19524 19929 19936 19920 18 17 18 1966 20511 20322 30996 15276 26626 35047 12580 54144 13857 29900 21297 15044 15914 14334 20071 20495 20502 20486 28 28 28 1967 21142 20834 31542 15785 27372 35939 12973 55344 14339 31045 21379 15671 16386 15137 20654 21126 21133 21116 31 29 31 1968 22040 21645 32642 16467 28472 37203 13621 56831 15100 31723 21704 16520 17287 15945 21526 22024 22031 22015 42 42 43 1969 23130 22626 33907 17324 29877 38740 14518 58411 16144 32796 22270 17517 18226 17013 22582 23112 23119 23101 49 49 49 1970 24349 23685 35200 18285 31162 40571 15473 60560 16666 34053 23587 18945 19699 18411 23798 24331 24338 24320 53 54 53 1971 25567 24692 36258 19284 32731 42479 16664 62360 17632 35310 25035 20421 21383 19720 25021 25549 25554 25537 50 51 50 1972 26670 25536 37186 20102 34135 43914 17863 63112 18703 36956 26789 21989 23471 20896 26134 26652 26657 26639 43 44 43 1973 28148 26913 39404 21077 36020 45605 19247 64184 20359 41816 31446 23594 25080 22495 27647 28134 28136 28121 55 58 56 1974 30695 29716 44322 22866 39568 50008 21910 68917 22460 51517 44989 25977 27315 24970 30484 30674 30690 30669 90 103 90 1975 33606 32198 47903 24834 44525 56893 24534 79100 24547 56781 48734 28586 30158 27410 33328 33584 33591 33570 95 93 95 1976 35535 33966 49777 26556 47106 60048 25741 83754 26124 58645 50201 30469 32302 29114 35238 35518 35519 35502 57 57 58 1977 37796 36171 52435 28558 50803 64157 27973 88730 28759 61033 54624 32583 34742 31005 37617 37780 37783 37767 64 68 64 1978 40447 38705 55653 30777 55094 68453 30675 93412 32281 64752 58482 34670 36888 33042 40286 40432 40435 40419 70 71 70 1979 43811 42137 60916 33350 60088 74013 34238 99335 35902 72545 68483 37575 39727 35976 43833 43795 43798 43782 83 88 83 1980 47817 46663 67737 36802 65710 80541 37421 107819 39789 79903 85301 41669 43900 40002 48448 47794 47791 47769 91 105 91 1981 52326 50833 72769 40555 71816 88316 42567 115524 43036 85810 89886 45768 48165 43975 52909 52306 52270 52251 94 92 94 1982 55514 53640 74753 43709 75747 93181 45927 120030 45340 86204 86855 48775 51434 46786 55906 55493 55459 55438 61 57 61 1983 57705 55948 76102 46429 75628 92350 44757 120284 46380 86544 83601 50717 53218 48857 57865 57687 57652 57635 39 35 40 1984 59874 58065 77541 48846 76070 92127 45147 119234 47713 87347 82879 53319 56358 51034 59904 59856 59817 59800 38 35 38 1985 61686 59965 78785 51049 77028 92850 46219 119090 48944 84674 80157 54974 57635 53002 61605 61672 61628 61614 30 28 30 1986 63057 61427 78417 53375 78870 94427 47106 120976 50994 83406 80154 55977 57938 54577 63000 63039 62991 62973 22 23 22 1987 64818 63618 80939 55409 80332 95275 47863 121637 53079 85516 85008 57541 58642 56849 64978 64803 64819 64804 28 31 28 1988 67047 66151 83072 58123 82415 97392 49895 123155 54913 89945 89074 59074 59884 58621 67215 67032 67046 67031 34 34 34 1989 69579 69025 86268 60840 84410 99435 51848 124695 56680 91443 91021 60924 61504 60654 69765 69572 69577 69570 38 38 38 1990 72274 72180 89801 63808 86125 101339 53522 126310 58011 92063 93630 63405 63548 63474 72601 72272 72262 72260 39 41 39 1991 74826 74789 91996 66581 87404 102906 54491 128112 58771 93283 92848 65606 66070 65443 74980 74821 74824 74819 35 33 35 1992 76602 76989 93106 69236 87152 102048 54502 126605 59486 92904 92922 67276 68101 66856 76788 76590 76598 76586 24 24 24 1993 78288 78679 93915 71294 88163 102100 56103 125322 61890 92879 92210 68949 69830 68494 78404 78289 78290 78291 22 21 22 1994 79935 80302 94870 73200 89352 102592 58089 124604 64069 93914 93075 70819 71725 70351 80029 79937 79940 79942 21 21 21
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
193 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1929 7733 8363 8724 7544 4667 6258 5425 33695 2244 9786 2906 2421 6181 2851 10620 7848 7740 1930 7067 7915 8034 7387 3113 4796 4471 28836 1779 5949 2402 2106 6812 3158 11690 7311 7075 1931 6609 7667 7741 7199 1956 3326 2929 18557 1187 4975 1996 1837 7095 3266 12197 6881 6610 1932 5745 6979 6835 6764 0590 1934 1754 11365 0695 2627 1564 1524 6860 3340 11629 6097 5743 1933 5671 6824 6785 6513 0869 1709 1581 8816 0712 2146 1574 1588 6633 4130 10421 5911 5663 1934 6288 7312 7405 6832 1570 2210 2014 9940 0984 2938 1749 1622 7482 5541 10956 6474 6271 1935 6846 7758 8013 7070 2906 2864 2552 11028 1341 4111 1845 2125 7687 5639 11306 6876 6831 1936 7740 8548 9078 7505 3726 3814 3451 14477 1840 5205 1938 2101 8971 8514 11371 7786 7713 1937 8137 8864 9348 7857 4653 4472 4134 18358 2139 5661 2441 2364 8592 7666 11369 8111 8117 1938 7857 8722 9140 7794 3076 3543 3031 14689 1489 5691 2414 1837 9252 8465 12035 7995 7841 1939 8492 9209 9773 8097 3956 4252 3383 15500 1718 8062 2549 1930 10067 9077 13229 8586 8473 1940 9236 9686 10380 8410 5510 5108 4187 17596 2227 9093 2899 1976 10350 10163 12794 9169 9205 1941 10813 10373 11204 8909 6729 5828 4930 20899 2611 9661 2973 2430 17205 26817 11982 10640 10782 1942 12809 10127 10340 9400 3555 3289 2902 12917 1498 4887 1964 2206 40483 82370 10867 12859 12763 1943 14906 10411 10239 10151 2099 2539 2425 9387 1345 2904 1655 2782 60224 130288 9876 15168 14842 1944 16109 10707 10316 10718 2594 3118 3221 12292 1799 2500 1778 2912 67771 148703 9525 16396 16039 1945 15929 11370 11021 11293 3424 4268 4525 16574 2576 2940 2491 3096 59168 127726 9855 16262 15853 1946 14186 12784 13059 11807 8778 7872 6673 32740 3213 12338 5379 2566 20344 34335 10837 14036 14137 1947 14059 13029 13438 11856 8433 9469 7765 29776 4367 15901 6133 2436 17281 25367 12329 14330 14031 1948 14677 13323 13708 12170 10775 10428 8172 31334 4596 19026 4831 2843 18542 27378 13112 14600 14660 1949 14601 13692 14120 12464 8226 9533 7422 30294 4029 17588 4786 2742 20755 30046 15108 14947 14577 1950 15878 14570 15214 13011 11615 11385 8104 32461 4447 24064 4190 3241 20779 28399 16349 15820 15853 1951 17106 14799 15033 13780 11649 10906 8479 34946 4576 20145 5135 3369 28386 47155 16475 16944 17093 1952 17761 15266 15371 14399 10534 10701 8315 34809 4445 19784 4913 3665 34178 61369 16749 17846 17747 1953 18579 15995 16167 15006 11029 11448 9062 37902 4848 20485 4584 4010 36627 66331 17578 18726 18554 1954 18461 16331 16340 15530 10517 11627 8868 39201 4576 22183 4806 3812 34132 57637 19115 18778 18445 1955 19791 17536 17844 16311 13072 13141 9851 42011 5203 25776 5319 4271 32885 52422 20494 19836 19778 1956 20182 18049 18112 17094 12894 13191 10413 46421 5341 23678 6197 4618 32912 51508 21156 20290 20180 1957 20588 18497 18422 17685 12333 13048 10571 46396 5480 22230 6737 4812 34379 53343 22408 20812 20591 1958 20403 18658 18234 18260 11312 12113 9410 43866 4680 22463 5826 5040 35484 53320 24312 20661 20385 1959 21866 19718 19381 19164 13603 13804 10159 44917 5237 28170 6427 5571 36688 54992 25232 21965 21840 1960 22408 20260 19721 19915 13600 13922 10737 48488 5459 26165 7543 5645 36751 53496 26338 22542 22391 1961 22930 20677 19846 20648 13512 13879 10670 49151 5354 26238 7583 5607 38600 55739 27961 23082 22925 1962 24319 21700 20867 21624 15227 15133 11602 51393 5974 28754 7965 6243 40977 60488 28818 24356 24325 1963 25382 22593 21701 22543 16249 16306 12247 51986 6476 32142 8535 6411 42032 60526 30552 25450 25393 1964 26851 23939 22994 23885 17589 17882 13701 57399 7303 34011 9540 6752 42958 59725 32626 26969 26867 1965 28575 25453 24623 25204 20058 19708 16088 66553 8641 33017 9807 7471 44250 59697 34813 28534 28588 1966 30437 26897 26184 26453 21825 20838 18100 71109 10024 30063 10487 8581 48149 66303 36998 30250 30423 1967 31206 27703 26697 27541 20827 20453 17856 69313 9958 29117 10728 9206 51844 72903 38868 31178 31193 1968 32717 29301 28350 29009 22039 21881 18654 70299 10578 33086 11572 10578 53472 73491 41168 32735 32709 1969 33733 30399 29216 30303 23323 23242 20070 74096 11513 34063 12131 11181 53347 70969 42557 33762 33710 1970 33798 31112 29447 31487 21791 22754 19963 74300 11399 32026 13435 11658 52059 65738 43738 34075 33772 1971 34932 32297 30679 32574 24275 24477 19964 73082 11512 40808 13663 12280 50926 60677 45077 35024 34923 1972 36788 34283 32685 34458 27150 27420 21797 75359 12997 48061 14689 13662 50556 58197 46068 36878 36784 1973 38920 35982 34378 36091 30331 29926 24968 81520 15381 47752 17458 14296 50379 55748 47381 38845 38995 1974 38705 35683 33124 36783 28097 28055 25177 79755 15774 37895 18837 13972 51648 56243 49164 38734 38835 1975 38623 36492 33349 38164 23120 25042 22689 71355 14272 32975 18718 12419 52812 56426 50970 39148 38657 1976 40695 38525 35684 39802 27791 27511 23800 73073 15164 40740 19536 14848 53049 56453 51346 40689 40776 1977 42566 40146 37215 41447 31989 31465 26486 76079 17449 49486 20006 16471 53630 57647 51532 42475 42681 1978 44940 41916 38753 43375 35846 35274 30450 87058 20106 52602 22115 17898 55210 59092 53216 44818 45034 1979 46345 42912 39373 44700 36989 37265 33517 98098 21861 50672 24307 18195 56241 60519 53998 46419 46581 1980 46217 42761 38376 45389 32926 34844 33429 103837 21075 39949 26925 16987 57337 63390 53958 46716 46449 1981 47390 43410 38830 46203 35886 35623 35333 112161 21971 36747 27256 17433 57860 66420 52873 47359 47542 1982 46470 44015 39101 47103 30859 33125 34003 110325 20829 30075 25173 17214 58876 68989 52898 47071 46651 1983 48570 46531 41589 49568 33733 35541 33563 98404 21950 42524 24524 19386 61027 73561 53514 49055 48719 1984 52060 48998 44586 51508 43672 41543 39486 112125 26303 48836 26526 24105 63078 75829 55444 51619 52155 1985 54214 51551 46931 54173 43266 43729 42103 120095 27974 49608 27331 25669 67471 81771 58879 54347 54151 1986 56092 53642 49556 55784 42971 44237 40901 106935 28504 55696 29429 27863 71573 86407 62669 56412 55899 1987 57887 55297 50448 58007 44295 44480 40870 103859 28895 56807 32594 29511 73300 89477 63575 57981 57672 1988 60266 57525 52322 60469 45337 45947 43008 104539 31074 56231 37815 30671 74220 88010 65933 60457 60093 1989 62420 59152 53643 62301 47156 47328 45409 106616 33351 54524 42161 32022 76240 89379 68340 62521 62242 1990 63591 60359 53975 64151 45569 46340 45633 108187 33361 49819 45954 33168 78655 91185 71112 63834 63482 1991 63442 60450 52904 65110 41862 43335 43186 96150 32504 45032 49005 33118 79514 91000 72585 63850 63276 1992 65595 62511 54571 67431 45254 45904 44565 90354 34873 51263 52370 35440 79885 89351 74156 65833 65403 1993 67466 64731 56838 69589 49299 49839 48456 89768 39226 55450 54086 38505 79253 85842 75244 67669 67263 1994 70214 67203 59836 71666 55998 54500 52915 91405 43904 60840 58802 43098 79245 82555 77197 70004 69913 1995 71980 69021 61623 73488 57743 58010 58478 97235 49158 58850 64755 46547 79705 80353 79247 72102 71711 1996 74672 71429 64383 75640 62851 63213 63940 102744 54383 63550 70133 50595 80507 79423 81090 74799 74395 1997 78000 74066 67453 77973 70672 69045 71658 110280 61861 64751 78490 57409 82020 78641 83980 77740 77620 1998 81397 77950 72010 81409 77747 76537 80264 115911 70837 69732 80281 64119 83759 77758 87291 81192 80937 1999 85326 82213 77745 84744 84592 83658 88640 116049 80857 74092 83785 71500 86761 79270 91179 85155 84928
194 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
2000 88857 86382 81847 88944 90371 89843 97327 125101 89320 74834 90985 80813 88519 79661 93744 88745 88515 2001 89816 88718 84417 91134 84023 88142 94614 123191 86438 75258 85880 78540 91917 82901 97236 90527 89582 2002 91445 91080 87848 92870 82879 84412 87112 101377 82789 79204 84160 81213 96192 88953 100473 91733 91171 2003 93769 93650 91890 94611 86090 87390 88290 97514 85377 85712 85514 84806 98336 94839 100408 94015 93631 2004 97021 96731 95988 97134 94749 93880 93740 98571 92138 94130 93677 94212 99668 98710 100234 96885 97024 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 2006 102658 102850 103322 102599 102742 102375 108027 109180 107590 92667 108969 106099 101359 102127 100910 102596 102423 2007 104622 105218 106394 104599 99412 100390 115039 124578 111168 75379 119108 108652 102713 103399 102311 104808 104731 2008 104270 104637 103776 105067 89296 93228 114125 132595 106411 57345 126376 105733 105381 110819 102310 104991 104692 2009 101069 102602 100697 103558 67124 75494 93507 104659 88911 44489 114835 91422 109262 117613 104568 102598 101328 2010 103486 104460 104304 104554 76327 75326 94148 88308 96822 42862 127623 102832 109955 122883 102711 103478 104193 2011 105356 107103 108263 106543 80284 80311 102288 90733 107473 42268 136152 107746 106497 119480 99224 105506 106304
1947 I 14028 12846 13203 11757 8686 9295 7874 29902 4450 14609 6532 2514 17184 25544 12014 14201 13996 II 14006 13060 13440 11927 7986 9048 7750 29743 4356 13882 6450 2563 17293 25597 12177 14294 13979 III 13995 13102 13530 11901 7730 9355 7596 29945 4209 16009 6122 2273 17451 25611 12461 14410 13967 IV 14207 13106 13580 11839 9332 10178 7841 29515 4454 19103 5429 2395 17193 24718 12663 14415 14182
1948 I 14433 13172 13600 11966 10343 10521 8327 30127 4830 18876 5181 2701 17534 25559 12644 14477 14414 II 14698 13325 13724 12154 11025 10512 8038 30967 4509 19977 4697 2808 18378 27116 13008 14582 14682 III 14777 13344 13710 12219 11143 10399 8058 31892 4451 19341 4807 2955 18735 27669 13239 14607 14761 IV 14800 13450 13800 12342 10588 10279 8264 32349 4594 17908 4638 2907 19523 29169 13559 14733 14784
1949 I 14594 13472 13779 12420 8941 9691 7873 31740 4305 16562 5193 2820 20081 29756 14120 14793 14575 II 14541 13678 14081 12483 7690 9383 7563 30997 4095 16276 5148 2779 20990 30874 14925 14985 14520 III 14704 13709 14153 12457 8364 9360 7187 29626 3879 17671 4718 2665 21201 30534 15546 14978 14679 IV 14566 13910 14469 12495 7907 9696 7064 28813 3836 19841 4084 2705 20750 29021 15843 15033 14535
1950 I 15155 14141 14749 12650 9891 10310 7264 30186 3902 22093 4017 2781 20403 27640 16237 15274 15124 II 15616 14373 14906 12970 10998 11267 7914 31709 4342 24235 4065 2935 20737 28254 16375 15685 15587 III 16227 15111 16022 13171 11988 12108 8624 33545 4809 25567 4171 3621 20339 27251 16387 16249 16209 IV 16513 14656 15178 13254 13581 11856 8612 34404 4733 24363 4509 3628 21635 30451 16397 16072 16492
1951 I 16721 15010 15512 13616 12149 11416 8389 34516 4532 23068 4734 3628 23948 36413 16235 16547 16695 II 16999 14586 14725 13708 12450 10890 8505 35688 4540 19961 5200 3508 27241 44208 16511 16625 16987 III 17337 14756 14887 13880 11488 10714 8600 35472 4640 18688 5328 3211 30332 51849 16591 17175 17328 IV 17367 14842 15007 13915 10509 10603 8422 34108 4593 18861 5278 3127 32023 56150 16564 17430 17364
1952 I 17542 14876 14935 14087 10755 10729 8455 34149 4619 19354 5559 3490 33015 58600 16616 17573 17530 II 17561 15168 15270 14307 9862 10877 8550 34395 4682 19711 4948 3472 34134 60920 16969 17858 17550 III 17679 15241 15254 14497 10387 10210 7777 34682 3989 19513 4557 3684 34472 62487 16510 17684 17665 IV 18263 15780 16025 14704 11132 10987 8477 36010 4490 20560 4588 4014 35090 63469 16900 18270 18243
1953 I 18604 15968 16236 14854 11353 11428 8942 37095 4806 20881 4511 3916 36281 65942 17262 18665 18580 II 18745 16064 16268 15032 11392 11490 9003 37807 4803 20940 4539 4119 37079 68018 17232 18813 18726 III 18631 16027 16131 15124 11124 11499 9208 38017 4965 20146 4721 4103 36631 66162 17693 18767 18601 IV 18336 15920 16033 15012 10248 11375 9096 38688 4815 19972 4565 3901 36517 65201 18124 18660 18308
1954 I 18249 15979 16023 15152 10162 11196 8825 39082 4549 20182 4360 3676 35540 61731 18775 18551 18230 II 18272 16187 16179 15414 10127 11379 8732 39353 4448 21496 4987 4006 34282 58425 18848 18627 18252 III 18478 16407 16350 15682 10645 11833 8970 39267 4659 22808 4827 3765 33455 55519 19373 18811 18458 IV 18848 16751 16806 15872 11135 12098 8944 39101 4649 24245 5049 3801 33252 54873 19463 19125 18839
1955 I 19391 17127 17322 16058 12322 12587 9104 40312 4692 26044 5236 4025 33212 53552 20280 19490 19381 II 19711 17455 17810 16176 13101 13128 9676 41312 5108 26429 5114 4253 32882 52337 20546 19746 19697 III 19975 17671 18058 16342 13288 13418 10171 42683 5427 25865 5450 4325 33082 52889 20514 20034 19960 IV 20086 17893 18186 16668 13576 13431 10451 43738 5586 24768 5474 4482 32365 50910 20634 20076 20074
1956 I 19995 17922 18105 16828 13120 13145 10257 45096 5310 24114 5734 4670 32347 50530 20857 20032 19997 II 20152 17982 18078 16989 12971 13251 10417 46703 5322 23970 6121 4645 33025 51855 21113 20254 20152 III 20126 18022 18003 17168 12819 13229 10501 46999 5372 23499 6324 4686 32713 50911 21218 20262 20130 IV 20455 18270 18261 17392 12667 13138 10476 46887 5359 23131 6608 4471 33563 52735 21434 20612 20439
1957 I 20581 18396 18432 17459 12463 13138 10551 46482 5456 22801 7039 4826 34252 53672 21973 20793 20587 II 20531 18429 18365 17609 12446 13011 10523 46450 5434 22250 6830 4864 34039 52858 22158 20716 20549 III 20729 18576 18519 17738 12743 13142 10745 46458 5625 21950 6639 4770 34300 53050 22471 20872 20738 IV 20511 18585 18374 17933 11679 12902 10466 46194 5405 21918 6440 4787 34925 53793 23030 20867 20490
1958 I 19956 18332 17935 17916 10811 12103 9709 45328 4824 21051 5801 4858 34535 51864 23681 20333 19942 II 20078 18483 17990 18175 10555 11760 9290 43825 4581 21104 5829 5066 35400 53530 24023 20439 20065 III 20549 18785 18329 18419 11426 11927 9150 42825 4538 22643 5847 4989 35621 53321 24548 20737 20528 IV 21028 19034 18683 18530 12456 12662 9491 43486 4777 25055 5829 5250 36381 54566 24996 21137 21003
1959 I 21453 19386 19117 18769 13159 13439 9786 43334 5039 27906 6214 5385 36145 53666 25203 21573 21424 II 21995 19684 19420 19048 14258 13874 10085 44676 5192 28897 6421 5645 36696 54950 25272 21945 21962 III 21969 19889 19573 19304 13266 14044 10404 46005 5362 28351 6625 5698 37158 56085 25294 22212 21945 IV 22046 19912 19414 19537 13730 13857 10363 45655 5354 27524 6448 5554 36753 55268 25159 22128 22030
1960 I 22540 20103 19609 19714 15215 14341 10762 47560 5549 28314 7255 5764 36029 52782 25597 22370 22516 II 22435 20357 19883 19933 13675 14052 10929 48124 5648 25986 7716 5807 36322 52580 26223 22584 22414 III 22472 20276 19756 19909 13594 13676 10657 48216 5411 25197 7522 5637 37197 54212 26614 22552 22457 IV 22184 20303 19637 20102 11915 13620 10598 50051 5227 25164 7677 5371 37456 54410 26919 22662 22179
1961 I 22315 20297 19451 20304 12219 13449 10375 49824 5056 25261 7625 5345 37946 54339 27792 22680 22319 II 22733 20599 19745 20600 13129 13647 10589 48994 5297 25352 7519 5410 38037 54847 27604 22923 22725 III 23100 20699 19874 20662 14229 13975 10677 49022 5369 26721 7478 5768 38783 56387 27838 23100 23093 IV 23570 21114 20316 21026 14469 14446 11038 48764 5692 27618 7709 5905 39635 57381 28610 23625 23563
195 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1962 I 23993 21338 20554 21225 15332 14755 11294 49678 5841 28116 7690 6085 40336 59488 28403 23914 23982 II 24258 21600 20756 21542 15184 15203 11631 51488 5991 28995 8428 6218 40555 59733 28607 24321 24261 III 24482 21776 20915 21728 15455 15325 11781 52844 6017 28971 7957 6297 41478 61530 28972 24510 24485 IV 24542 22084 21242 22002 14936 15250 11701 51563 6045 28933 7785 6374 41538 61199 29288 24679 24571
1963 I 24863 22233 21441 22089 15765 15428 11683 49768 6164 29978 7967 6226 41285 59714 29839 24843 24880 II 25174 22446 21618 22330 15995 16144 12056 52126 6303 32135 8900 6373 41233 59161 30110 25265 25182 III 25648 22752 21835 22721 16517 16562 12421 52488 6586 32730 8424 6534 43001 62445 30915 25713 25656 IV 25843 22941 21909 23031 16720 17091 12829 53562 6851 33726 8847 6513 42610 60783 31346 25980 25856
1964 I 26423 23394 22416 23403 17407 17743 13148 54952 7018 35792 9389 6507 42768 60473 31813 26548 26449 II 26727 23806 22888 23729 17327 17695 13483 56815 7161 33990 9545 6653 43045 60070 32544 26864 26742 III 27090 24243 23422 24039 17739 17978 13941 58681 7409 33435 9471 6832 43071 59598 32899 27197 27109 IV 27165 24311 23250 24368 17884 18110 14231 59147 7622 32825 9753 7017 42947 58760 33247 27267 27168
1965 I 27832 24852 24007 24645 19683 18935 15187 62180 8208 32940 8701 6764 42843 58020 33562 27699 27858 II 28210 25126 24181 25018 19682 19465 15759 66513 8361 33197 10335 7562 43396 58132 34414 28199 28240 III 28782 25558 24676 25360 20385 19992 16355 67213 8820 33327 9743 7593 44897 60480 35383 28729 28792 IV 29477 26276 25627 25791 20479 20441 17051 70307 9175 32605 10449 7964 45862 62158 35893 29509 29462
1966 I 30200 26664 26109 26059 22211 21205 17794 71978 9687 33346 10266 8169 46687 63579 36338 30001 30187 II 30301 26733 25979 26343 21805 20931 18071 70590 10040 30671 10715 8373 47514 65262 36619 30137 30287 III 30500 27039 26353 26560 21589 20924 18291 72162 10104 29674 10313 8842 48800 67904 37042 30388 30481 IV 30747 27151 26298 26850 21693 20290 18244 69704 10265 26561 10653 8941 49594 68469 37995 30474 30735
1967 I 31018 27310 26366 27099 21099 19813 17858 70424 9867 25762 10859 9082 51699 73163 38465 30782 31001 II 31025 27682 26825 27361 20199 20320 17794 68421 9976 28691 10760 9009 51418 72103 38675 31111 31002 III 31272 27824 26746 27734 20779 20520 17704 69145 9838 30129 10498 9127 51953 73249 38827 31270 31268 IV 31511 27996 26851 27968 21229 21160 18069 69260 10149 31884 10797 9608 52307 73097 39504 31547 31499
1968 I 32160 28664 27706 28406 21691 21671 18637 70618 10536 32079 11111 10174 53220 74368 40197 32207 32149 II 32706 29104 28121 28853 22568 21560 18313 70020 10300 32889 11332 10330 53466 73771 40979 32531 32696 III 32930 29651 28810 29226 21835 21878 18557 69568 10555 33480 11998 10951 53578 73136 41568 32997 32925 IV 33072 29787 28763 29550 22062 22415 19107 70990 10922 33897 11845 10858 53622 72689 41927 33206 33065
1969 I 33593 30120 29148 29814 23515 23122 19672 72087 11332 35118 10424 9834 53674 72285 42268 33550 33583 II 33691 30313 29169 30180 23328 23223 19885 72659 11474 34741 12760 11774 53450 71132 42623 33715 33671 III 33904 30459 29221 30420 23867 23610 20422 76085 11655 34457 12454 11622 53525 71182 42713 33889 33872 IV 33745 30702 29326 30797 22582 23013 20300 75553 11593 31937 12886 11494 52739 69277 42625 33896 33714
1970 I 33692 30891 29374 31124 21875 22931 20182 74959 11539 32001 12997 11456 52455 67908 43021 33988 33667 II 33753 31032 29457 31319 21943 22421 20072 74192 11508 29868 13569 11683 51777 65781 43251 33923 33736 III 34054 31304 29638 31673 22318 22820 20174 74462 11575 31460 13525 11656 52001 64808 44228 34227 34031 IV 33693 31219 29318 31833 21026 22842 19423 73588 10972 34776 13649 11837 52002 64455 44451 34163 33653
1971 I 34622 31816 30259 32051 23756 23353 19600 73404 11148 36632 13701 11697 51160 61946 44653 34586 34614 II 34818 32107 30508 32373 24492 24319 19890 73214 11430 40329 13674 12580 50996 61053 44952 34825 34822 III 35096 32364 30704 32680 24814 24779 19970 72951 11527 42316 14236 12858 50964 60796 45063 35131 35073 IV 35194 32902 31244 33193 24038 25456 20397 72760 11941 43956 13042 11986 50584 58915 45642 35555 35183
1972 I 35823 33341 31536 33761 25738 26601 21083 74662 12395 46888 14423 13738 50768 59155 45792 36049 35818 II 36672 33978 32370 34174 27313 27070 21432 75081 12680 47807 14004 13250 51083 60101 45695 36647 36658 III 37024 34502 32933 34638 27702 27368 21767 75247 12979 47918 14849 13526 50030 56860 46068 36978 37028 IV 37634 35311 33899 35257 27846 28641 22905 76445 13934 49630 15479 14135 50344 56673 46717 37838 37632
1973 I 38596 35957 34709 35712 29614 29851 23975 78942 14697 51300 16613 14788 50839 57611 46928 38667 38630 II 39043 35939 34374 36011 30998 30110 24954 81408 15378 48690 17414 14362 50536 56718 47009 38857 39094 III 38835 36068 34385 36252 29786 30022 25373 83248 15587 46624 17472 13965 49887 54311 47503 38905 38944 IV 39205 35963 34044 36389 30926 29720 25572 82482 15861 44396 18331 14069 50254 54354 48085 38950 39314
1974 I 38861 35648 33489 36334 28952 29018 25544 82018 15882 41140 18565 13592 51305 56066 48713 38902 39043 II 38961 35772 33384 36689 28809 28601 25487 81680 15862 39346 19468 14312 51651 55977 49339 38945 39116 III 38575 35919 33492 36869 27184 28097 25190 78135 15968 38050 18418 14062 51728 56258 49286 38825 38693 IV 38424 35393 32132 37241 27442 26504 24486 77186 15383 33043 18899 13922 51908 56671 49317 38261 38486
1975 I 37956 35690 32365 37588 22622 24881 22984 73213 14356 31002 19032 12526 52544 56034 50778 38560 37966 II 38246 36285 33056 38054 21836 24531 22383 70455 14074 31668 18479 11523 52140 55584 50401 38956 38256 III 38891 36802 33872 38238 23686 25144 22589 70853 14231 33873 18167 12481 53057 56970 51025 39306 38920 IV 39399 37192 34103 38776 24337 25613 22799 70901 14429 35356 19195 13147 53507 57115 51675 39770 39486
1976 I 40294 37935 35101 39229 26857 26674 23211 72812 14622 38970 19061 13971 53640 56588 52238 40320 40363 II 40597 38283 35524 39488 28002 27130 23494 72592 14919 40091 19254 14576 53052 56466 51342 40456 40679 III 40796 38688 35837 39969 28054 27414 24008 73329 15338 39437 19813 15171 52773 56306 50983 40706 40880 IV 41092 39192 36272 40522 28249 28825 24487 73558 15778 44464 20014 15673 52732 56450 50821 41275 41184
1977 I 41569 39640 36666 41005 29639 29867 25438 73307 16730 45805 19693 16415 53210 56919 51310 41662 41714 II 42395 39859 36936 41164 31930 31534 26172 76049 17144 51045 20224 16566 53763 57857 51614 42332 42525 III 43154 40239 37233 41610 33670 31942 26720 77201 17553 50884 20380 16335 53861 58191 51560 42777 43273 IV 43145 40846 38027 42010 32719 32518 27615 77757 18369 50211 19726 16567 53688 57621 51645 43126 43214
1978 I 43292 41085 37814 42681 33368 32791 27888 77607 18655 50464 20191 17679 53775 57823 51657 43181 43422 II 44995 41963 38899 43324 35659 35171 30240 85196 20112 52888 22295 17735 55227 59202 53172 44895 45036 III 45436 42139 38931 43634 36760 36182 31320 90815 20535 53623 22540 17966 55667 59411 53768 45306 45509 IV 46037 42478 39370 43862 37596 36953 32353 94614 21119 53434 23434 18213 56172 59932 54268 45888 46168
196 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1979 I 46114 42693 39340 44308 37590 37234 33057 94087 21884 52185 23454 18163 55667 60013 53375 46033 46256 II 46158 42668 39008 44584 37503 36945 32958 95449 21621 51211 23516 18261 56255 60755 53869 46031 46358 III 46489 43087 39657 44762 36773 37616 33985 99899 22115 50602 24363 17982 56337 60661 54066 46699 46794 IV 46617 43202 39489 45148 36089 37265 34070 102958 21825 48691 25896 18375 56704 60647 54683 46912 46916
1980 I 46767 43127 39289 45199 35827 36739 34444 104548 22009 44965 26619 18389 57616 62588 54936 47003 47077 II 45809 42148 37670 44894 32595 33543 32696 102253 20527 36646 27120 17054 57795 64162 54218 46081 46076 III 45724 42600 38057 45391 30110 33874 32942 102762 20716 37273 27063 15828 56998 63297 53456 46682 45956 IV 46569 43168 38490 46070 33172 35220 33635 105785 21049 40915 26899 16677 56940 63511 53223 47099 46687
1981 I 47537 43404 39043 45985 36468 35478 34177 105721 21613 40183 27407 17389 57696 64826 53623 47331 47679 II 47158 43404 38731 46289 34732 35712 34866 109705 21813 38821 27555 17416 57825 66761 52596 47425 47273 III 47731 43580 39122 46250 36888 35716 35715 112472 22329 35826 26969 17217 57694 66689 52427 47480 47871 IV 47136 43250 38423 46287 35457 35586 36574 120746 22130 32157 27094 17711 58225 67403 52844 47200 47343
1982 I 46363 43530 38808 46457 31763 34507 35709 116906 21735 30303 25919 17206 58167 67508 52680 47067 46545 II 46614 43686 38799 46762 31735 33301 34432 113096 20906 29347 26075 16925 58506 68120 52846 47047 46860 III 46434 44021 39005 47202 31365 32373 33269 106861 20524 29254 24920 17710 58906 69141 52850 46739 46590 IV 46471 44824 39792 47992 28572 32321 32600 104435 20150 31396 23779 17015 59923 71185 53217 47431 46608
1983 I 47049 45263 40000 48622 29589 33027 31990 100175 20082 36747 24163 17405 60373 72042 53408 47932 47176 II 48106 46162 41179 49243 32445 34302 32381 95420 21114 41100 24236 18743 60889 73574 53279 48611 48257 III 49055 46978 42093 49949 34626 36352 33845 97652 22342 45171 24601 20203 61946 75639 53700 49512 49208 IV 50069 47723 43084 50458 38272 38482 36037 100370 24262 47080 25097 21194 60899 72990 53667 50163 50234
1984 I 51040 48132 43667 50707 42278 39689 37212 106076 24734 48388 25622 22897 61512 73614 54281 50498 51157 II 51921 48820 44641 51134 43704 41321 39062 111401 25957 49283 26259 23857 62838 75924 54984 51424 52034 III 52426 49197 44669 51801 44720 42202 40349 114917 26832 48810 26839 24474 63302 75634 55942 51898 52530 IV 52853 49845 45367 52391 43986 42960 41322 116107 27691 48861 27384 25191 64659 78144 56569 52655 52898
1985 I 53351 50690 46067 53338 42536 43292 41802 121028 27531 48709 27403 24635 65400 78977 57256 53547 53301 II 53803 51152 46488 53822 43270 43836 42397 120962 28166 49098 27304 25846 66867 80904 58439 53955 53773 III 54644 52124 47727 54546 42792 43483 41749 118457 27824 49722 26904 25596 68603 83617 59565 54831 54541 IV 55058 52238 47442 54985 44465 44304 42465 119932 28376 50904 27714 26599 69013 83585 60258 55056 54988
1986 I 55587 52674 48163 55175 44373 44368 41882 116932 28169 53080 28590 26575 69759 83141 61759 55622 55470 II 55811 53235 49019 55487 43389 44262 40834 105913 28574 56026 28901 27707 71242 85792 62514 56042 55605 III 56349 54166 50538 55935 42028 44013 40236 102136 28461 56889 29562 28475 72854 89039 63114 56831 56166 IV 56621 54492 50506 56538 42094 44306 40650 102760 28813 56787 30663 28694 72436 87657 63290 57153 56356
1987 I 56935 54409 49473 57205 43380 43428 39532 100357 27965 56637 30686 28522 72732 88179 63449 57000 56689 II 57540 55138 50421 57748 43440 44205 40479 101537 28804 56886 31904 29234 73192 89403 63446 57760 57338 III 58040 55753 51179 58240 43484 45146 41783 105766 29599 56714 33279 29802 73194 89498 63393 58450 57827 IV 59033 55887 50721 58835 46875 45140 41686 107774 29213 56992 34509 30487 74080 90829 64012 58713 58834
1988 I 59338 56820 51918 59545 44234 45081 42007 103705 30124 55759 36421 30345 73721 88361 64922 59581 59200 II 60100 57233 52188 60060 45310 45963 43039 105858 30919 56201 37429 29996 73914 87461 65773 60299 59929 III 60410 57684 52178 60858 45601 46140 43265 104428 31364 56236 38123 30704 73871 86806 66099 60586 60209 IV 61217 58364 53005 61412 46205 46603 43721 104166 31890 56730 39287 31640 75372 89413 66939 61364 61035
1989 I 61792 58578 53079 61728 47975 47067 44460 105845 32442 56358 40442 31786 74909 87583 67290 61660 61600 II 62254 58840 53378 61958 47415 47131 45092 104650 33297 54689 42202 31937 76069 89554 67965 62259 62048 III 62748 59450 54147 62437 46858 47951 46384 108318 34153 54093 42664 31893 76786 90416 68595 63043 62560 IV 62885 59741 53967 63081 46377 47162 45700 107653 33513 52957 43335 32471 77194 89962 69512 63122 62761
1990 I 63542 60214 54691 63356 46833 47748 46307 110021 33819 53496 45229 33500 78385 91312 70609 63807 63391 II 63794 60412 54105 64146 46846 46644 45507 109482 33032 51438 45843 33444 78501 91421 70730 63834 63652 III 63793 60642 53978 64639 45744 46140 45797 109081 33405 48516 46178 33310 78478 90605 71172 63960 63597 IV 63234 60170 53127 64461 42851 44826 44922 104163 33190 45828 46565 32416 79257 91401 71939 63733 63287
1991 I 62928 59998 52671 64505 41106 43291 43763 101920 32266 43102 46899 32047 79579 92110 72031 63478 62851 II 63353 60456 52966 65076 40900 43226 43343 99143 32224 44120 48587 32617 79857 92371 72317 63935 63155 III 63620 60687 53285 65237 41918 43370 42933 92709 32744 45949 49700 33535 79478 90650 72733 64023 63385 IV 63869 60659 52695 65624 43523 43452 42707 90827 32781 46957 50833 34275 79144 88871 73258 63965 63713
1992 I 64570 61703 53888 66542 42555 43902 42515 89684 32744 49352 51739 34525 79745 88899 74201 64953 64404 II 65256 62068 54163 66969 45358 45628 44201 89690 34575 51240 51741 35092 79651 88810 74106 65418 65080 III 65930 62755 54755 67714 45827 46321 45094 90466 35430 51358 52865 35646 80060 89824 74153 66137 65715 IV 66623 63520 55480 68499 47277 47764 46451 91574 36743 53102 53135 36499 80083 89870 74165 66825 66413
1993 I 66746 63778 55695 68783 48388 48042 46746 89242 37427 53344 53255 37289 79239 87106 74467 66781 66610 II 67173 64390 56587 69188 48768 49117 47990 89101 38816 53972 53907 38060 79180 85876 75107 67341 66965 III 67526 65089 57172 69960 48734 49988 48525 89531 39338 55835 53731 38561 79101 84970 75523 67869 67374 IV 68418 65668 57900 70427 51306 52208 50562 91200 41324 58647 55450 40110 79491 85415 75880 68682 68105
197 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1994 I 69084 66399 58881 70976 53519 52902 51065 87474 42484 59891 55981 41045 78480 82358 76093 69050 68835 II 70029 66892 59404 71441 56639 54174 52097 92472 42818 61875 57827 42574 78810 81893 76899 69631 69732 III 70480 67427 59956 71961 55621 54712 53073 92365 43922 61199 60036 43772 80192 84140 77761 70386 70156 IV 71263 68093 61103 72286 58214 56210 55424 93307 46393 60397 61365 45003 79500 81830 78034 70951 70928
1995 I 71438 68172 60799 72630 58805 57493 57689 95652 48538 59055 62493 45990 79816 81630 78659 71254 71195 II 71591 68731 61209 73287 57224 57275 58089 97565 48660 57157 63354 46427 80083 81307 79279 71675 71373 III 72193 69346 61950 73809 56673 58031 58479 98275 48977 58924 66110 46587 79907 80754 79329 72529 71833 IV 72696 69833 62535 74226 58269 59241 59655 97447 50456 60261 67064 47182 79013 77722 79720 72952 72441
1996 I 73194 70472 63036 74953 59036 60738 61136 99185 51830 61845 67909 48716 79519 79341 79556 73582 72995 II 74460 71269 64265 75451 62094 62713 62893 101358 53442 64457 69047 49806 80661 80472 80706 74636 74167 III 75107 71696 64722 75854 65225 64164 64986 102607 55606 64280 69606 51421 80583 79053 81434 74962 74778 IV 75927 72280 65507 76301 65048 65236 66744 107828 56653 63615 73969 52436 81266 78825 82662 76014 75640
1997 I 76511 73008 66391 76921 66567 66510 68447 108777 58432 63831 75378 54675 81411 77764 83534 76548 76139 II 77646 73304 66340 77443 70817 67943 70146 107813 60580 64638 78363 56511 82116 79142 83832 77157 77338 III 78620 74550 68075 78364 72076 70560 73722 111880 63946 64935 80184 58593 82208 78884 84135 78375 78232 IV 79223 75403 69005 79162 73227 71166 74315 112649 64486 65601 80038 59858 82344 78776 84419 78879 78772
1998 I 79972 76153 69541 80042 76723 73308 76885 111433 67764 66771 80415 62103 81849 76319 85101 79375 79596 II 80691 77463 71369 81018 75805 75863 79699 117435 69840 68778 79488 63526 83628 78419 86686 80716 80286 III 81756 78491 72458 82003 77977 77307 80900 117481 71257 70842 79119 64382 84402 77767 88313 81647 81222 IV 83171 79694 74671 82574 80485 79670 83570 117294 74486 72538 82103 66465 85157 78529 89063 83032 82643
1999 I 83912 80480 75597 83271 83019 81148 85509 116811 76910 72969 81472 68158 85593 78010 90065 83578 83482 II 84568 81747 77386 84213 82729 83047 87906 115395 80111 73755 82409 70330 85950 78009 90636 84619 84178 III 85643 82729 78318 85224 84805 84979 90432 115306 83187 74367 84570 72881 87061 79646 91435 85664 85217 IV 87181 83896 79680 86269 87814 85457 90714 116684 83219 75278 86689 74629 88438 81416 92579 86758 86836
2000 I 87409 85169 80896 87574 86586 87955 94085 118937 86812 75867 88184 77656 87714 78194 93332 87633 87021 II 89114 85969 81340 88591 92581 90167 97556 123869 89896 75349 90688 80023 88884 81324 93347 88669 88743 III 89189 86811 82208 89413 91135 90487 98638 128533 90113 74027 92900 82818 88604 79747 93827 89054 88779 IV 89717 87579 82942 90197 91181 90764 99027 129064 90460 74091 92168 82757 88874 79379 94470 89625 89518
2001 I 89422 87928 83159 90621 86364 90227 98096 125506 90180 74430 90960 81550 90188 81069 95564 90079 89102 II 90009 88260 83398 91006 86084 88816 95517 125954 86853 75477 87991 79121 92061 82805 97518 90477 89755 III 89760 88648 84025 91251 84259 87875 93924 126665 84670 75885 83462 77205 91893 83361 96931 90385 89310 IV 90074 90036 87088 91657 79386 85649 90921 114639 84048 75240 81109 76285 93525 84368 98931 91169 90163
2002 I 90844 90347 86914 92251 82028 84863 88755 108414 82967 77249 82405 78196 94958 86376 100030 91352 90591 II 91327 90806 87328 92738 83018 84535 87330 102546 82740 79143 84641 80837 95870 88372 100302 91611 90915 III 91790 91422 88451 93063 83230 84429 86944 97994 83495 79604 85231 82170 96646 89772 100711 92022 91499 IV 91821 91746 88701 93428 83242 83820 85419 96553 81954 80820 84363 83647 97293 91289 100848 91950 91679
2003 I 92204 92210 89300 93811 83343 83937 85193 95591 81943 81601 83584 82638 97091 91315 100511 92337 91940 II 92986 93123 90947 94312 83865 86121 87543 98449 84144 83454 83313 83817 98534 95718 100201 93396 92830 III 94516 94377 93368 94921 86932 88919 89572 98237 86818 87708 85575 84803 98824 95812 100608 94875 94345 IV 95371 94890 93945 95399 90222 90584 90851 97780 88603 90085 89585 87966 98895 96511 100310 95451 95408
2004 I 95999 95730 94926 96164 90693 90405 90128 97210 87837 90898 91717 90207 99366 97749 100325 95972 96178 II 96617 96155 95138 96707 94634 93193 92565 98337 90666 94318 93154 93828 99730 98304 100575 96384 96580 III 97336 96996 96303 97372 95849 95158 95089 99325 93663 95274 93845 95199 100094 100010 100140 97226 97379 IV 98133 98044 97584 98293 97820 96765 97178 99414 96385 96030 95993 97613 99482 98778 99895 97957 97960
2005 I 99145 98825 98656 98917 99893 97949 98055 101195 96951 97776 97786 98181 99577 99190 99806 98816 99240 II 99586 99803 100017 99689 98113 99692 99498 100812 99015 100050 99885 99265 99685 99286 99922 99858 99588 III 100377 100561 100786 100439 99207 100977 100921 98696 101699 101075 99909 99876 100590 101608 99995 100680 100446 IV 100892 100811 100541 100955 102787 101381 101526 99297 102334 101099 102420 102677 100147 99915 100277 100646 100726
2006 I 102166 101843 102277 101612 104330 103749 105886 103696 106721 100024 106411 104622 101147 102763 100205 102059 102001 II 102581 102457 102633 102362 104183 103277 107797 109068 107314 95488 108200 105792 101232 101887 100851 102420 102370 III 102594 103071 103502 102841 102714 101952 108938 111771 107855 89974 108360 107058 101386 101792 101149 102464 102276 IV 103292 104030 104875 103582 99741 100520 109488 112185 108471 85182 112904 106924 101670 102066 101437 103438 103044
2007 I 103432 104608 105555 104107 98750 100223 111223 115080 109728 81458 114672 108480 101552 100828 101960 103700 103164 II 104362 105010 106055 104457 100953 101096 114118 122401 110781 78890 116571 109019 102401 102582 102288 104399 104153 III 105125 105472 106845 104750 100184 100749 116631 129246 111475 73635 120910 109282 103292 104950 102334 105240 105391 IV 105569 105783 107121 105081 97759 99491 118185 131584 112690 67531 124281 107828 103606 105236 102661 105894 106218
2008 I 105101 105515 105599 105465 94633 97363 117944 131860 112220 62104 125966 108203 104391 107703 102501 105606 105595 II 105447 105478 105719 105344 93176 96078 117269 134869 109945 59721 129793 107511 104838 108996 102473 105988 105947 III 104468 104458 103615 104884 89061 92989 114238 133594 106148 56484 128631 105698 105941 112058 102490 105190 105089 IV 102064 103096 100171 104576 80314 86480 107050 130057 97330 51072 121112 101518 106356 114518 101776 103181 102137
2009 I 100697 102681 100211 103924 69786 79032 98291 118743 89688 45843 111295 91526 106825 113639 102992 102365 100781 II 100618 102224 99684 103494 64480 75092 93667 108062 87704 43058 111460 87652 109307 117333 104794 102521 100681 III 100980 102757 101506 103385 64208 74501 91786 99980 88474 44799 115116 91196 110312 119129 105359 102826 101378 IV 101981 102747 101389 103429 70022 73352 90285 91848 89777 44257 121467 95312 110602 120352 105128 102682 102472
2010 I 102572 103377 102691 103729 73259 73180 90749 86033 92913 42934 123231 97689 109727 120535 103665 102718 103159 II 103142 104042 103531 104310 75792 75696 93411 88731 95582 45223 126079 102286 110498 123355 103292 103280 103902 III 103807 104685 104499 104795 78722 75515 95162 88245 98309 41570 129030 105672 110416 124468 102544 103440 104567 IV 104423 105736 106495 105380 77535 76913 97269 90222 100486 41720 132151 105680 109179 123172 101342 104475 105142
2011 I 104443 106559 107915 105903 76492 76660 96954 83055 103161 41577 134004 106787 107210 119864 100117 104624 105300 II 105084 106812 107655 106412 78778 78942 100297 89561 105120 41994 135352 106816 106985 120681 99317 105258 106022 III 105418 107251 108021 106886 79906 81835 104746 93866 109637 42139 137379 108037 106189 119351 98818 105871 106404 IV 106481 107790 109462 106970 85959 83807 107156 96449 111972 43361 137871 109345 105604 118024 98643 106271 107490
2012 I 106999 108443 110722 107318 87241 85785 109108 99421 113460 45433 139356 110179 104804 116751 98103 106897 107655 II 107408 108843 110922 107817 89029 87074 110536 99638 115439 46502 141176 111785 104425 116647 97574 107222
198 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1929 10593 10517 16312 7786 11298 15049 4650 24602 5275 15659 11318 6389 6924 4809 10362 10580 10614 10601 1930 10184 10073 15445 7563 10836 14344 4402 23616 5161 14177 9651 6192 6617 4675 9935 10172 10226 10213 ndash39 ndash41 ndash39 1931 9172 8995 13318 7031 10022 13354 4027 22385 4672 11155 7799 5880 6566 4395 8960 9162 9169 9159 ndash99 ndash98 ndash99 1932 8129 7934 11477 6352 8854 12089 3495 21113 3808 9675 6252 5352 6253 3956 7918 8120 8097 8088 ndash114 ndash116 ndash114 1933 7916 7652 11384 5953 8709 11882 3531 20284 3756 9674 5992 5511 6321 4096 7700 7908 7880 7872 ndash26 ndash28 ndash26 1934 8303 7999 12506 5876 9145 12297 3543 21428 4169 11218 6807 5929 6755 4420 8068 8296 8313 8306 49 48 49 1935 8468 8194 12834 6006 9188 12424 3708 21239 4109 11503 6920 5979 6834 4451 8226 8461 8482 8475 20 20 20 1936 8561 8268 12883 6103 9279 12404 3702 21206 4310 11891 7404 6159 7463 4432 8328 8553 8573 8565 11 12 11 1937 8876 8570 13347 6330 10084 13443 4206 22419 4728 12681 8263 6290 7584 4541 8651 8866 8944 8934 37 39 37 1938 8708 8376 12808 6336 10221 13548 4126 22959 4877 12095 7636 6303 7713 4505 8478 8697 8684 8673 ndash19 ndash20 ndash19 1939 8599 8295 12616 6319 10166 13404 4081 22717 4910 11932 8014 6201 7568 4441 8389 8586 8599 8586 ndash13 ndash10 ndash13 1940 8674 8365 12728 6369 10423 13712 4147 23325 5057 12942 8549 6129 7270 4480 8450 8661 8700 8687 09 07 09 1941 9239 8883 13770 6594 11193 14614 4438 24809 5524 14130 9029 6507 7651 4781 8988 9226 9285 9271 65 64 65 1942 10000 9989 16045 7059 12272 16154 4951 27285 5935 17073 10342 6539 7506 5284 9709 9984 10014 9998 82 80 82 1943 10562 10907 17888 7500 12808 16675 5381 27428 6424 18676 11132 6645 7577 5675 10253 10544 10556 10537 56 56 56 1944 10815 11534 19078 7845 13239 17011 5500 27955 7048 21035 11693 6559 7444 5895 10486 10795 10807 10787 24 23 24 1945 11091 11995 19950 8101 13658 17446 5744 28427 7524 20862 12021 6633 7512 6090 10764 11072 11093 11074 26 27 26 1946 12369 12831 21473 8593 15061 19298 6433 31118 8169 20164 13403 8213 9584 6654 12081 12353 12410 12394 115 122 116 1947 13743 14132 24057 9220 17688 22449 7798 35253 9784 23413 16058 8875 10168 7466 13414 13727 13755 13739 111 110 111 1948 14522 14932 25478 9706 19198 24383 8675 37794 10606 24661 17451 9218 10074 8346 14192 14506 14526 14510 57 58 57 1949 14515 14818 24887 9872 19572 24948 8645 39253 10747 23190 16633 9482 10503 8418 14210 14497 14499 14481 00 01 ndash01 1950 14628 14996 24968 10125 20006 25459 8753 40238 11012 22583 17667 9488 10442 8494 14373 14610 14656 14638 08 11 08 1951 15635 16016 26981 10624 21733 27902 9761 43656 11801 25515 21353 10118 10898 9365 15402 15614 15712 15690 69 72 69 1952 15976 16345 27241 11012 22264 28534 10021 44539 12125 25670 20580 10321 11005 9768 15709 15954 15982 15960 22 20 22 1953 16178 16563 27117 11440 22449 28790 10217 44647 12212 25598 19696 10429 11080 9958 15881 16157 16174 16153 13 11 13 1954 16342 16704 27016 11728 22619 29066 10093 45718 12261 25250 19965 10650 11337 10123 16059 16321 16322 16301 10 11 10 1955 16576 16772 26857 11930 22989 29462 10295 46151 12516 25466 19858 11093 11947 10320 16280 16557 16601 16582 14 14 14 1956 17148 17108 27314 12217 24341 31782 11176 49581 12835 26318 20208 11716 12562 10981 16831 17128 17170 17150 35 34 34 1957 17749 17628 28168 12574 25187 33406 11655 52392 12868 27316 20438 12234 13125 11456 17400 17727 17741 17720 35 34 35 1958 18157 18043 28809 12882 25249 33570 11468 53415 12836 27039 19589 12602 13663 11608 17779 18136 18139 18118 23 22 23 1959 18363 18314 28957 13229 25488 34011 11530 54395 12875 27094 19766 12653 13564 11851 17987 18344 18355 18336 11 12 11 1960 18620 18615 29184 13580 25624 34165 11516 54845 12962 27474 19955 12809 13677 12066 18235 18601 18612 18592 14 14 14 1961 18830 18810 29294 13826 25543 33970 11446 54544 12983 27892 19955 13065 13908 12357 18428 18811 18821 18802 11 11 11 1962 19087 19032 29444 14089 25559 33975 11537 54274 13003 27961 19720 13398 14202 12743 18670 19069 19078 19060 14 13 14 1963 19290 19254 29689 14305 25485 33971 11636 53975 12901 27898 20102 13690 14506 13028 18887 19273 19281 19264 11 12 11 1964 19589 19536 30013 14572 25640 34142 11801 53952 13003 28128 20526 14070 14995 13293 19191 19572 19580 19563 16 16 16 1965 19945 19819 30328 14845 26077 34532 12143 54001 13372 29023 20812 14444 15379 13662 19524 19929 19936 19920 18 17 18 1966 20511 20322 30996 15276 26626 35047 12580 54144 13857 29900 21297 15044 15914 14334 20071 20495 20502 20486 28 28 28 1967 21142 20834 31542 15785 27372 35939 12973 55344 14339 31045 21379 15671 16386 15137 20654 21126 21133 21116 31 29 31 1968 22040 21645 32642 16467 28472 37203 13621 56831 15100 31723 21704 16520 17287 15945 21526 22024 22031 22015 42 42 43 1969 23130 22626 33907 17324 29877 38740 14518 58411 16144 32796 22270 17517 18226 17013 22582 23112 23119 23101 49 49 49 1970 24349 23685 35200 18285 31162 40571 15473 60560 16666 34053 23587 18945 19699 18411 23798 24331 24338 24320 53 54 53 1971 25567 24692 36258 19284 32731 42479 16664 62360 17632 35310 25035 20421 21383 19720 25021 25549 25554 25537 50 51 50 1972 26670 25536 37186 20102 34135 43914 17863 63112 18703 36956 26789 21989 23471 20896 26134 26652 26657 26639 43 44 43 1973 28148 26913 39404 21077 36020 45605 19247 64184 20359 41816 31446 23594 25080 22495 27647 28134 28136 28121 55 58 56 1974 30695 29716 44322 22866 39568 50008 21910 68917 22460 51517 44989 25977 27315 24970 30484 30674 30690 30669 90 103 90 1975 33606 32198 47903 24834 44525 56893 24534 79100 24547 56781 48734 28586 30158 27410 33328 33584 33591 33570 95 93 95 1976 35535 33966 49777 26556 47106 60048 25741 83754 26124 58645 50201 30469 32302 29114 35238 35518 35519 35502 57 57 58 1977 37796 36171 52435 28558 50803 64157 27973 88730 28759 61033 54624 32583 34742 31005 37617 37780 37783 37767 64 68 64 1978 40447 38705 55653 30777 55094 68453 30675 93412 32281 64752 58482 34670 36888 33042 40286 40432 40435 40419 70 71 70 1979 43811 42137 60916 33350 60088 74013 34238 99335 35902 72545 68483 37575 39727 35976 43833 43795 43798 43782 83 88 83 1980 47817 46663 67737 36802 65710 80541 37421 107819 39789 79903 85301 41669 43900 40002 48448 47794 47791 47769 91 105 91 1981 52326 50833 72769 40555 71816 88316 42567 115524 43036 85810 89886 45768 48165 43975 52909 52306 52270 52251 94 92 94 1982 55514 53640 74753 43709 75747 93181 45927 120030 45340 86204 86855 48775 51434 46786 55906 55493 55459 55438 61 57 61 1983 57705 55948 76102 46429 75628 92350 44757 120284 46380 86544 83601 50717 53218 48857 57865 57687 57652 57635 39 35 40 1984 59874 58065 77541 48846 76070 92127 45147 119234 47713 87347 82879 53319 56358 51034 59904 59856 59817 59800 38 35 38 1985 61686 59965 78785 51049 77028 92850 46219 119090 48944 84674 80157 54974 57635 53002 61605 61672 61628 61614 30 28 30 1986 63057 61427 78417 53375 78870 94427 47106 120976 50994 83406 80154 55977 57938 54577 63000 63039 62991 62973 22 23 22 1987 64818 63618 80939 55409 80332 95275 47863 121637 53079 85516 85008 57541 58642 56849 64978 64803 64819 64804 28 31 28 1988 67047 66151 83072 58123 82415 97392 49895 123155 54913 89945 89074 59074 59884 58621 67215 67032 67046 67031 34 34 34 1989 69579 69025 86268 60840 84410 99435 51848 124695 56680 91443 91021 60924 61504 60654 69765 69572 69577 69570 38 38 38 1990 72274 72180 89801 63808 86125 101339 53522 126310 58011 92063 93630 63405 63548 63474 72601 72272 72262 72260 39 41 39 1991 74826 74789 91996 66581 87404 102906 54491 128112 58771 93283 92848 65606 66070 65443 74980 74821 74824 74819 35 33 35 1992 76602 76989 93106 69236 87152 102048 54502 126605 59486 92904 92922 67276 68101 66856 76788 76590 76598 76586 24 24 24 1993 78288 78679 93915 71294 88163 102100 56103 125322 61890 92879 92210 68949 69830 68494 78404 78289 78290 78291 22 21 22 1994 79935 80302 94870 73200 89352 102592 58089 124604 64069 93914 93075 70819 71725 70351 80029 79937 79940 79942 21 21 21
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
194 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
2000 88857 86382 81847 88944 90371 89843 97327 125101 89320 74834 90985 80813 88519 79661 93744 88745 88515 2001 89816 88718 84417 91134 84023 88142 94614 123191 86438 75258 85880 78540 91917 82901 97236 90527 89582 2002 91445 91080 87848 92870 82879 84412 87112 101377 82789 79204 84160 81213 96192 88953 100473 91733 91171 2003 93769 93650 91890 94611 86090 87390 88290 97514 85377 85712 85514 84806 98336 94839 100408 94015 93631 2004 97021 96731 95988 97134 94749 93880 93740 98571 92138 94130 93677 94212 99668 98710 100234 96885 97024 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 2006 102658 102850 103322 102599 102742 102375 108027 109180 107590 92667 108969 106099 101359 102127 100910 102596 102423 2007 104622 105218 106394 104599 99412 100390 115039 124578 111168 75379 119108 108652 102713 103399 102311 104808 104731 2008 104270 104637 103776 105067 89296 93228 114125 132595 106411 57345 126376 105733 105381 110819 102310 104991 104692 2009 101069 102602 100697 103558 67124 75494 93507 104659 88911 44489 114835 91422 109262 117613 104568 102598 101328 2010 103486 104460 104304 104554 76327 75326 94148 88308 96822 42862 127623 102832 109955 122883 102711 103478 104193 2011 105356 107103 108263 106543 80284 80311 102288 90733 107473 42268 136152 107746 106497 119480 99224 105506 106304
1947 I 14028 12846 13203 11757 8686 9295 7874 29902 4450 14609 6532 2514 17184 25544 12014 14201 13996 II 14006 13060 13440 11927 7986 9048 7750 29743 4356 13882 6450 2563 17293 25597 12177 14294 13979 III 13995 13102 13530 11901 7730 9355 7596 29945 4209 16009 6122 2273 17451 25611 12461 14410 13967 IV 14207 13106 13580 11839 9332 10178 7841 29515 4454 19103 5429 2395 17193 24718 12663 14415 14182
1948 I 14433 13172 13600 11966 10343 10521 8327 30127 4830 18876 5181 2701 17534 25559 12644 14477 14414 II 14698 13325 13724 12154 11025 10512 8038 30967 4509 19977 4697 2808 18378 27116 13008 14582 14682 III 14777 13344 13710 12219 11143 10399 8058 31892 4451 19341 4807 2955 18735 27669 13239 14607 14761 IV 14800 13450 13800 12342 10588 10279 8264 32349 4594 17908 4638 2907 19523 29169 13559 14733 14784
1949 I 14594 13472 13779 12420 8941 9691 7873 31740 4305 16562 5193 2820 20081 29756 14120 14793 14575 II 14541 13678 14081 12483 7690 9383 7563 30997 4095 16276 5148 2779 20990 30874 14925 14985 14520 III 14704 13709 14153 12457 8364 9360 7187 29626 3879 17671 4718 2665 21201 30534 15546 14978 14679 IV 14566 13910 14469 12495 7907 9696 7064 28813 3836 19841 4084 2705 20750 29021 15843 15033 14535
1950 I 15155 14141 14749 12650 9891 10310 7264 30186 3902 22093 4017 2781 20403 27640 16237 15274 15124 II 15616 14373 14906 12970 10998 11267 7914 31709 4342 24235 4065 2935 20737 28254 16375 15685 15587 III 16227 15111 16022 13171 11988 12108 8624 33545 4809 25567 4171 3621 20339 27251 16387 16249 16209 IV 16513 14656 15178 13254 13581 11856 8612 34404 4733 24363 4509 3628 21635 30451 16397 16072 16492
1951 I 16721 15010 15512 13616 12149 11416 8389 34516 4532 23068 4734 3628 23948 36413 16235 16547 16695 II 16999 14586 14725 13708 12450 10890 8505 35688 4540 19961 5200 3508 27241 44208 16511 16625 16987 III 17337 14756 14887 13880 11488 10714 8600 35472 4640 18688 5328 3211 30332 51849 16591 17175 17328 IV 17367 14842 15007 13915 10509 10603 8422 34108 4593 18861 5278 3127 32023 56150 16564 17430 17364
1952 I 17542 14876 14935 14087 10755 10729 8455 34149 4619 19354 5559 3490 33015 58600 16616 17573 17530 II 17561 15168 15270 14307 9862 10877 8550 34395 4682 19711 4948 3472 34134 60920 16969 17858 17550 III 17679 15241 15254 14497 10387 10210 7777 34682 3989 19513 4557 3684 34472 62487 16510 17684 17665 IV 18263 15780 16025 14704 11132 10987 8477 36010 4490 20560 4588 4014 35090 63469 16900 18270 18243
1953 I 18604 15968 16236 14854 11353 11428 8942 37095 4806 20881 4511 3916 36281 65942 17262 18665 18580 II 18745 16064 16268 15032 11392 11490 9003 37807 4803 20940 4539 4119 37079 68018 17232 18813 18726 III 18631 16027 16131 15124 11124 11499 9208 38017 4965 20146 4721 4103 36631 66162 17693 18767 18601 IV 18336 15920 16033 15012 10248 11375 9096 38688 4815 19972 4565 3901 36517 65201 18124 18660 18308
1954 I 18249 15979 16023 15152 10162 11196 8825 39082 4549 20182 4360 3676 35540 61731 18775 18551 18230 II 18272 16187 16179 15414 10127 11379 8732 39353 4448 21496 4987 4006 34282 58425 18848 18627 18252 III 18478 16407 16350 15682 10645 11833 8970 39267 4659 22808 4827 3765 33455 55519 19373 18811 18458 IV 18848 16751 16806 15872 11135 12098 8944 39101 4649 24245 5049 3801 33252 54873 19463 19125 18839
1955 I 19391 17127 17322 16058 12322 12587 9104 40312 4692 26044 5236 4025 33212 53552 20280 19490 19381 II 19711 17455 17810 16176 13101 13128 9676 41312 5108 26429 5114 4253 32882 52337 20546 19746 19697 III 19975 17671 18058 16342 13288 13418 10171 42683 5427 25865 5450 4325 33082 52889 20514 20034 19960 IV 20086 17893 18186 16668 13576 13431 10451 43738 5586 24768 5474 4482 32365 50910 20634 20076 20074
1956 I 19995 17922 18105 16828 13120 13145 10257 45096 5310 24114 5734 4670 32347 50530 20857 20032 19997 II 20152 17982 18078 16989 12971 13251 10417 46703 5322 23970 6121 4645 33025 51855 21113 20254 20152 III 20126 18022 18003 17168 12819 13229 10501 46999 5372 23499 6324 4686 32713 50911 21218 20262 20130 IV 20455 18270 18261 17392 12667 13138 10476 46887 5359 23131 6608 4471 33563 52735 21434 20612 20439
1957 I 20581 18396 18432 17459 12463 13138 10551 46482 5456 22801 7039 4826 34252 53672 21973 20793 20587 II 20531 18429 18365 17609 12446 13011 10523 46450 5434 22250 6830 4864 34039 52858 22158 20716 20549 III 20729 18576 18519 17738 12743 13142 10745 46458 5625 21950 6639 4770 34300 53050 22471 20872 20738 IV 20511 18585 18374 17933 11679 12902 10466 46194 5405 21918 6440 4787 34925 53793 23030 20867 20490
1958 I 19956 18332 17935 17916 10811 12103 9709 45328 4824 21051 5801 4858 34535 51864 23681 20333 19942 II 20078 18483 17990 18175 10555 11760 9290 43825 4581 21104 5829 5066 35400 53530 24023 20439 20065 III 20549 18785 18329 18419 11426 11927 9150 42825 4538 22643 5847 4989 35621 53321 24548 20737 20528 IV 21028 19034 18683 18530 12456 12662 9491 43486 4777 25055 5829 5250 36381 54566 24996 21137 21003
1959 I 21453 19386 19117 18769 13159 13439 9786 43334 5039 27906 6214 5385 36145 53666 25203 21573 21424 II 21995 19684 19420 19048 14258 13874 10085 44676 5192 28897 6421 5645 36696 54950 25272 21945 21962 III 21969 19889 19573 19304 13266 14044 10404 46005 5362 28351 6625 5698 37158 56085 25294 22212 21945 IV 22046 19912 19414 19537 13730 13857 10363 45655 5354 27524 6448 5554 36753 55268 25159 22128 22030
1960 I 22540 20103 19609 19714 15215 14341 10762 47560 5549 28314 7255 5764 36029 52782 25597 22370 22516 II 22435 20357 19883 19933 13675 14052 10929 48124 5648 25986 7716 5807 36322 52580 26223 22584 22414 III 22472 20276 19756 19909 13594 13676 10657 48216 5411 25197 7522 5637 37197 54212 26614 22552 22457 IV 22184 20303 19637 20102 11915 13620 10598 50051 5227 25164 7677 5371 37456 54410 26919 22662 22179
1961 I 22315 20297 19451 20304 12219 13449 10375 49824 5056 25261 7625 5345 37946 54339 27792 22680 22319 II 22733 20599 19745 20600 13129 13647 10589 48994 5297 25352 7519 5410 38037 54847 27604 22923 22725 III 23100 20699 19874 20662 14229 13975 10677 49022 5369 26721 7478 5768 38783 56387 27838 23100 23093 IV 23570 21114 20316 21026 14469 14446 11038 48764 5692 27618 7709 5905 39635 57381 28610 23625 23563
195 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1962 I 23993 21338 20554 21225 15332 14755 11294 49678 5841 28116 7690 6085 40336 59488 28403 23914 23982 II 24258 21600 20756 21542 15184 15203 11631 51488 5991 28995 8428 6218 40555 59733 28607 24321 24261 III 24482 21776 20915 21728 15455 15325 11781 52844 6017 28971 7957 6297 41478 61530 28972 24510 24485 IV 24542 22084 21242 22002 14936 15250 11701 51563 6045 28933 7785 6374 41538 61199 29288 24679 24571
1963 I 24863 22233 21441 22089 15765 15428 11683 49768 6164 29978 7967 6226 41285 59714 29839 24843 24880 II 25174 22446 21618 22330 15995 16144 12056 52126 6303 32135 8900 6373 41233 59161 30110 25265 25182 III 25648 22752 21835 22721 16517 16562 12421 52488 6586 32730 8424 6534 43001 62445 30915 25713 25656 IV 25843 22941 21909 23031 16720 17091 12829 53562 6851 33726 8847 6513 42610 60783 31346 25980 25856
1964 I 26423 23394 22416 23403 17407 17743 13148 54952 7018 35792 9389 6507 42768 60473 31813 26548 26449 II 26727 23806 22888 23729 17327 17695 13483 56815 7161 33990 9545 6653 43045 60070 32544 26864 26742 III 27090 24243 23422 24039 17739 17978 13941 58681 7409 33435 9471 6832 43071 59598 32899 27197 27109 IV 27165 24311 23250 24368 17884 18110 14231 59147 7622 32825 9753 7017 42947 58760 33247 27267 27168
1965 I 27832 24852 24007 24645 19683 18935 15187 62180 8208 32940 8701 6764 42843 58020 33562 27699 27858 II 28210 25126 24181 25018 19682 19465 15759 66513 8361 33197 10335 7562 43396 58132 34414 28199 28240 III 28782 25558 24676 25360 20385 19992 16355 67213 8820 33327 9743 7593 44897 60480 35383 28729 28792 IV 29477 26276 25627 25791 20479 20441 17051 70307 9175 32605 10449 7964 45862 62158 35893 29509 29462
1966 I 30200 26664 26109 26059 22211 21205 17794 71978 9687 33346 10266 8169 46687 63579 36338 30001 30187 II 30301 26733 25979 26343 21805 20931 18071 70590 10040 30671 10715 8373 47514 65262 36619 30137 30287 III 30500 27039 26353 26560 21589 20924 18291 72162 10104 29674 10313 8842 48800 67904 37042 30388 30481 IV 30747 27151 26298 26850 21693 20290 18244 69704 10265 26561 10653 8941 49594 68469 37995 30474 30735
1967 I 31018 27310 26366 27099 21099 19813 17858 70424 9867 25762 10859 9082 51699 73163 38465 30782 31001 II 31025 27682 26825 27361 20199 20320 17794 68421 9976 28691 10760 9009 51418 72103 38675 31111 31002 III 31272 27824 26746 27734 20779 20520 17704 69145 9838 30129 10498 9127 51953 73249 38827 31270 31268 IV 31511 27996 26851 27968 21229 21160 18069 69260 10149 31884 10797 9608 52307 73097 39504 31547 31499
1968 I 32160 28664 27706 28406 21691 21671 18637 70618 10536 32079 11111 10174 53220 74368 40197 32207 32149 II 32706 29104 28121 28853 22568 21560 18313 70020 10300 32889 11332 10330 53466 73771 40979 32531 32696 III 32930 29651 28810 29226 21835 21878 18557 69568 10555 33480 11998 10951 53578 73136 41568 32997 32925 IV 33072 29787 28763 29550 22062 22415 19107 70990 10922 33897 11845 10858 53622 72689 41927 33206 33065
1969 I 33593 30120 29148 29814 23515 23122 19672 72087 11332 35118 10424 9834 53674 72285 42268 33550 33583 II 33691 30313 29169 30180 23328 23223 19885 72659 11474 34741 12760 11774 53450 71132 42623 33715 33671 III 33904 30459 29221 30420 23867 23610 20422 76085 11655 34457 12454 11622 53525 71182 42713 33889 33872 IV 33745 30702 29326 30797 22582 23013 20300 75553 11593 31937 12886 11494 52739 69277 42625 33896 33714
1970 I 33692 30891 29374 31124 21875 22931 20182 74959 11539 32001 12997 11456 52455 67908 43021 33988 33667 II 33753 31032 29457 31319 21943 22421 20072 74192 11508 29868 13569 11683 51777 65781 43251 33923 33736 III 34054 31304 29638 31673 22318 22820 20174 74462 11575 31460 13525 11656 52001 64808 44228 34227 34031 IV 33693 31219 29318 31833 21026 22842 19423 73588 10972 34776 13649 11837 52002 64455 44451 34163 33653
1971 I 34622 31816 30259 32051 23756 23353 19600 73404 11148 36632 13701 11697 51160 61946 44653 34586 34614 II 34818 32107 30508 32373 24492 24319 19890 73214 11430 40329 13674 12580 50996 61053 44952 34825 34822 III 35096 32364 30704 32680 24814 24779 19970 72951 11527 42316 14236 12858 50964 60796 45063 35131 35073 IV 35194 32902 31244 33193 24038 25456 20397 72760 11941 43956 13042 11986 50584 58915 45642 35555 35183
1972 I 35823 33341 31536 33761 25738 26601 21083 74662 12395 46888 14423 13738 50768 59155 45792 36049 35818 II 36672 33978 32370 34174 27313 27070 21432 75081 12680 47807 14004 13250 51083 60101 45695 36647 36658 III 37024 34502 32933 34638 27702 27368 21767 75247 12979 47918 14849 13526 50030 56860 46068 36978 37028 IV 37634 35311 33899 35257 27846 28641 22905 76445 13934 49630 15479 14135 50344 56673 46717 37838 37632
1973 I 38596 35957 34709 35712 29614 29851 23975 78942 14697 51300 16613 14788 50839 57611 46928 38667 38630 II 39043 35939 34374 36011 30998 30110 24954 81408 15378 48690 17414 14362 50536 56718 47009 38857 39094 III 38835 36068 34385 36252 29786 30022 25373 83248 15587 46624 17472 13965 49887 54311 47503 38905 38944 IV 39205 35963 34044 36389 30926 29720 25572 82482 15861 44396 18331 14069 50254 54354 48085 38950 39314
1974 I 38861 35648 33489 36334 28952 29018 25544 82018 15882 41140 18565 13592 51305 56066 48713 38902 39043 II 38961 35772 33384 36689 28809 28601 25487 81680 15862 39346 19468 14312 51651 55977 49339 38945 39116 III 38575 35919 33492 36869 27184 28097 25190 78135 15968 38050 18418 14062 51728 56258 49286 38825 38693 IV 38424 35393 32132 37241 27442 26504 24486 77186 15383 33043 18899 13922 51908 56671 49317 38261 38486
1975 I 37956 35690 32365 37588 22622 24881 22984 73213 14356 31002 19032 12526 52544 56034 50778 38560 37966 II 38246 36285 33056 38054 21836 24531 22383 70455 14074 31668 18479 11523 52140 55584 50401 38956 38256 III 38891 36802 33872 38238 23686 25144 22589 70853 14231 33873 18167 12481 53057 56970 51025 39306 38920 IV 39399 37192 34103 38776 24337 25613 22799 70901 14429 35356 19195 13147 53507 57115 51675 39770 39486
1976 I 40294 37935 35101 39229 26857 26674 23211 72812 14622 38970 19061 13971 53640 56588 52238 40320 40363 II 40597 38283 35524 39488 28002 27130 23494 72592 14919 40091 19254 14576 53052 56466 51342 40456 40679 III 40796 38688 35837 39969 28054 27414 24008 73329 15338 39437 19813 15171 52773 56306 50983 40706 40880 IV 41092 39192 36272 40522 28249 28825 24487 73558 15778 44464 20014 15673 52732 56450 50821 41275 41184
1977 I 41569 39640 36666 41005 29639 29867 25438 73307 16730 45805 19693 16415 53210 56919 51310 41662 41714 II 42395 39859 36936 41164 31930 31534 26172 76049 17144 51045 20224 16566 53763 57857 51614 42332 42525 III 43154 40239 37233 41610 33670 31942 26720 77201 17553 50884 20380 16335 53861 58191 51560 42777 43273 IV 43145 40846 38027 42010 32719 32518 27615 77757 18369 50211 19726 16567 53688 57621 51645 43126 43214
1978 I 43292 41085 37814 42681 33368 32791 27888 77607 18655 50464 20191 17679 53775 57823 51657 43181 43422 II 44995 41963 38899 43324 35659 35171 30240 85196 20112 52888 22295 17735 55227 59202 53172 44895 45036 III 45436 42139 38931 43634 36760 36182 31320 90815 20535 53623 22540 17966 55667 59411 53768 45306 45509 IV 46037 42478 39370 43862 37596 36953 32353 94614 21119 53434 23434 18213 56172 59932 54268 45888 46168
196 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1979 I 46114 42693 39340 44308 37590 37234 33057 94087 21884 52185 23454 18163 55667 60013 53375 46033 46256 II 46158 42668 39008 44584 37503 36945 32958 95449 21621 51211 23516 18261 56255 60755 53869 46031 46358 III 46489 43087 39657 44762 36773 37616 33985 99899 22115 50602 24363 17982 56337 60661 54066 46699 46794 IV 46617 43202 39489 45148 36089 37265 34070 102958 21825 48691 25896 18375 56704 60647 54683 46912 46916
1980 I 46767 43127 39289 45199 35827 36739 34444 104548 22009 44965 26619 18389 57616 62588 54936 47003 47077 II 45809 42148 37670 44894 32595 33543 32696 102253 20527 36646 27120 17054 57795 64162 54218 46081 46076 III 45724 42600 38057 45391 30110 33874 32942 102762 20716 37273 27063 15828 56998 63297 53456 46682 45956 IV 46569 43168 38490 46070 33172 35220 33635 105785 21049 40915 26899 16677 56940 63511 53223 47099 46687
1981 I 47537 43404 39043 45985 36468 35478 34177 105721 21613 40183 27407 17389 57696 64826 53623 47331 47679 II 47158 43404 38731 46289 34732 35712 34866 109705 21813 38821 27555 17416 57825 66761 52596 47425 47273 III 47731 43580 39122 46250 36888 35716 35715 112472 22329 35826 26969 17217 57694 66689 52427 47480 47871 IV 47136 43250 38423 46287 35457 35586 36574 120746 22130 32157 27094 17711 58225 67403 52844 47200 47343
1982 I 46363 43530 38808 46457 31763 34507 35709 116906 21735 30303 25919 17206 58167 67508 52680 47067 46545 II 46614 43686 38799 46762 31735 33301 34432 113096 20906 29347 26075 16925 58506 68120 52846 47047 46860 III 46434 44021 39005 47202 31365 32373 33269 106861 20524 29254 24920 17710 58906 69141 52850 46739 46590 IV 46471 44824 39792 47992 28572 32321 32600 104435 20150 31396 23779 17015 59923 71185 53217 47431 46608
1983 I 47049 45263 40000 48622 29589 33027 31990 100175 20082 36747 24163 17405 60373 72042 53408 47932 47176 II 48106 46162 41179 49243 32445 34302 32381 95420 21114 41100 24236 18743 60889 73574 53279 48611 48257 III 49055 46978 42093 49949 34626 36352 33845 97652 22342 45171 24601 20203 61946 75639 53700 49512 49208 IV 50069 47723 43084 50458 38272 38482 36037 100370 24262 47080 25097 21194 60899 72990 53667 50163 50234
1984 I 51040 48132 43667 50707 42278 39689 37212 106076 24734 48388 25622 22897 61512 73614 54281 50498 51157 II 51921 48820 44641 51134 43704 41321 39062 111401 25957 49283 26259 23857 62838 75924 54984 51424 52034 III 52426 49197 44669 51801 44720 42202 40349 114917 26832 48810 26839 24474 63302 75634 55942 51898 52530 IV 52853 49845 45367 52391 43986 42960 41322 116107 27691 48861 27384 25191 64659 78144 56569 52655 52898
1985 I 53351 50690 46067 53338 42536 43292 41802 121028 27531 48709 27403 24635 65400 78977 57256 53547 53301 II 53803 51152 46488 53822 43270 43836 42397 120962 28166 49098 27304 25846 66867 80904 58439 53955 53773 III 54644 52124 47727 54546 42792 43483 41749 118457 27824 49722 26904 25596 68603 83617 59565 54831 54541 IV 55058 52238 47442 54985 44465 44304 42465 119932 28376 50904 27714 26599 69013 83585 60258 55056 54988
1986 I 55587 52674 48163 55175 44373 44368 41882 116932 28169 53080 28590 26575 69759 83141 61759 55622 55470 II 55811 53235 49019 55487 43389 44262 40834 105913 28574 56026 28901 27707 71242 85792 62514 56042 55605 III 56349 54166 50538 55935 42028 44013 40236 102136 28461 56889 29562 28475 72854 89039 63114 56831 56166 IV 56621 54492 50506 56538 42094 44306 40650 102760 28813 56787 30663 28694 72436 87657 63290 57153 56356
1987 I 56935 54409 49473 57205 43380 43428 39532 100357 27965 56637 30686 28522 72732 88179 63449 57000 56689 II 57540 55138 50421 57748 43440 44205 40479 101537 28804 56886 31904 29234 73192 89403 63446 57760 57338 III 58040 55753 51179 58240 43484 45146 41783 105766 29599 56714 33279 29802 73194 89498 63393 58450 57827 IV 59033 55887 50721 58835 46875 45140 41686 107774 29213 56992 34509 30487 74080 90829 64012 58713 58834
1988 I 59338 56820 51918 59545 44234 45081 42007 103705 30124 55759 36421 30345 73721 88361 64922 59581 59200 II 60100 57233 52188 60060 45310 45963 43039 105858 30919 56201 37429 29996 73914 87461 65773 60299 59929 III 60410 57684 52178 60858 45601 46140 43265 104428 31364 56236 38123 30704 73871 86806 66099 60586 60209 IV 61217 58364 53005 61412 46205 46603 43721 104166 31890 56730 39287 31640 75372 89413 66939 61364 61035
1989 I 61792 58578 53079 61728 47975 47067 44460 105845 32442 56358 40442 31786 74909 87583 67290 61660 61600 II 62254 58840 53378 61958 47415 47131 45092 104650 33297 54689 42202 31937 76069 89554 67965 62259 62048 III 62748 59450 54147 62437 46858 47951 46384 108318 34153 54093 42664 31893 76786 90416 68595 63043 62560 IV 62885 59741 53967 63081 46377 47162 45700 107653 33513 52957 43335 32471 77194 89962 69512 63122 62761
1990 I 63542 60214 54691 63356 46833 47748 46307 110021 33819 53496 45229 33500 78385 91312 70609 63807 63391 II 63794 60412 54105 64146 46846 46644 45507 109482 33032 51438 45843 33444 78501 91421 70730 63834 63652 III 63793 60642 53978 64639 45744 46140 45797 109081 33405 48516 46178 33310 78478 90605 71172 63960 63597 IV 63234 60170 53127 64461 42851 44826 44922 104163 33190 45828 46565 32416 79257 91401 71939 63733 63287
1991 I 62928 59998 52671 64505 41106 43291 43763 101920 32266 43102 46899 32047 79579 92110 72031 63478 62851 II 63353 60456 52966 65076 40900 43226 43343 99143 32224 44120 48587 32617 79857 92371 72317 63935 63155 III 63620 60687 53285 65237 41918 43370 42933 92709 32744 45949 49700 33535 79478 90650 72733 64023 63385 IV 63869 60659 52695 65624 43523 43452 42707 90827 32781 46957 50833 34275 79144 88871 73258 63965 63713
1992 I 64570 61703 53888 66542 42555 43902 42515 89684 32744 49352 51739 34525 79745 88899 74201 64953 64404 II 65256 62068 54163 66969 45358 45628 44201 89690 34575 51240 51741 35092 79651 88810 74106 65418 65080 III 65930 62755 54755 67714 45827 46321 45094 90466 35430 51358 52865 35646 80060 89824 74153 66137 65715 IV 66623 63520 55480 68499 47277 47764 46451 91574 36743 53102 53135 36499 80083 89870 74165 66825 66413
1993 I 66746 63778 55695 68783 48388 48042 46746 89242 37427 53344 53255 37289 79239 87106 74467 66781 66610 II 67173 64390 56587 69188 48768 49117 47990 89101 38816 53972 53907 38060 79180 85876 75107 67341 66965 III 67526 65089 57172 69960 48734 49988 48525 89531 39338 55835 53731 38561 79101 84970 75523 67869 67374 IV 68418 65668 57900 70427 51306 52208 50562 91200 41324 58647 55450 40110 79491 85415 75880 68682 68105
197 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1994 I 69084 66399 58881 70976 53519 52902 51065 87474 42484 59891 55981 41045 78480 82358 76093 69050 68835 II 70029 66892 59404 71441 56639 54174 52097 92472 42818 61875 57827 42574 78810 81893 76899 69631 69732 III 70480 67427 59956 71961 55621 54712 53073 92365 43922 61199 60036 43772 80192 84140 77761 70386 70156 IV 71263 68093 61103 72286 58214 56210 55424 93307 46393 60397 61365 45003 79500 81830 78034 70951 70928
1995 I 71438 68172 60799 72630 58805 57493 57689 95652 48538 59055 62493 45990 79816 81630 78659 71254 71195 II 71591 68731 61209 73287 57224 57275 58089 97565 48660 57157 63354 46427 80083 81307 79279 71675 71373 III 72193 69346 61950 73809 56673 58031 58479 98275 48977 58924 66110 46587 79907 80754 79329 72529 71833 IV 72696 69833 62535 74226 58269 59241 59655 97447 50456 60261 67064 47182 79013 77722 79720 72952 72441
1996 I 73194 70472 63036 74953 59036 60738 61136 99185 51830 61845 67909 48716 79519 79341 79556 73582 72995 II 74460 71269 64265 75451 62094 62713 62893 101358 53442 64457 69047 49806 80661 80472 80706 74636 74167 III 75107 71696 64722 75854 65225 64164 64986 102607 55606 64280 69606 51421 80583 79053 81434 74962 74778 IV 75927 72280 65507 76301 65048 65236 66744 107828 56653 63615 73969 52436 81266 78825 82662 76014 75640
1997 I 76511 73008 66391 76921 66567 66510 68447 108777 58432 63831 75378 54675 81411 77764 83534 76548 76139 II 77646 73304 66340 77443 70817 67943 70146 107813 60580 64638 78363 56511 82116 79142 83832 77157 77338 III 78620 74550 68075 78364 72076 70560 73722 111880 63946 64935 80184 58593 82208 78884 84135 78375 78232 IV 79223 75403 69005 79162 73227 71166 74315 112649 64486 65601 80038 59858 82344 78776 84419 78879 78772
1998 I 79972 76153 69541 80042 76723 73308 76885 111433 67764 66771 80415 62103 81849 76319 85101 79375 79596 II 80691 77463 71369 81018 75805 75863 79699 117435 69840 68778 79488 63526 83628 78419 86686 80716 80286 III 81756 78491 72458 82003 77977 77307 80900 117481 71257 70842 79119 64382 84402 77767 88313 81647 81222 IV 83171 79694 74671 82574 80485 79670 83570 117294 74486 72538 82103 66465 85157 78529 89063 83032 82643
1999 I 83912 80480 75597 83271 83019 81148 85509 116811 76910 72969 81472 68158 85593 78010 90065 83578 83482 II 84568 81747 77386 84213 82729 83047 87906 115395 80111 73755 82409 70330 85950 78009 90636 84619 84178 III 85643 82729 78318 85224 84805 84979 90432 115306 83187 74367 84570 72881 87061 79646 91435 85664 85217 IV 87181 83896 79680 86269 87814 85457 90714 116684 83219 75278 86689 74629 88438 81416 92579 86758 86836
2000 I 87409 85169 80896 87574 86586 87955 94085 118937 86812 75867 88184 77656 87714 78194 93332 87633 87021 II 89114 85969 81340 88591 92581 90167 97556 123869 89896 75349 90688 80023 88884 81324 93347 88669 88743 III 89189 86811 82208 89413 91135 90487 98638 128533 90113 74027 92900 82818 88604 79747 93827 89054 88779 IV 89717 87579 82942 90197 91181 90764 99027 129064 90460 74091 92168 82757 88874 79379 94470 89625 89518
2001 I 89422 87928 83159 90621 86364 90227 98096 125506 90180 74430 90960 81550 90188 81069 95564 90079 89102 II 90009 88260 83398 91006 86084 88816 95517 125954 86853 75477 87991 79121 92061 82805 97518 90477 89755 III 89760 88648 84025 91251 84259 87875 93924 126665 84670 75885 83462 77205 91893 83361 96931 90385 89310 IV 90074 90036 87088 91657 79386 85649 90921 114639 84048 75240 81109 76285 93525 84368 98931 91169 90163
2002 I 90844 90347 86914 92251 82028 84863 88755 108414 82967 77249 82405 78196 94958 86376 100030 91352 90591 II 91327 90806 87328 92738 83018 84535 87330 102546 82740 79143 84641 80837 95870 88372 100302 91611 90915 III 91790 91422 88451 93063 83230 84429 86944 97994 83495 79604 85231 82170 96646 89772 100711 92022 91499 IV 91821 91746 88701 93428 83242 83820 85419 96553 81954 80820 84363 83647 97293 91289 100848 91950 91679
2003 I 92204 92210 89300 93811 83343 83937 85193 95591 81943 81601 83584 82638 97091 91315 100511 92337 91940 II 92986 93123 90947 94312 83865 86121 87543 98449 84144 83454 83313 83817 98534 95718 100201 93396 92830 III 94516 94377 93368 94921 86932 88919 89572 98237 86818 87708 85575 84803 98824 95812 100608 94875 94345 IV 95371 94890 93945 95399 90222 90584 90851 97780 88603 90085 89585 87966 98895 96511 100310 95451 95408
2004 I 95999 95730 94926 96164 90693 90405 90128 97210 87837 90898 91717 90207 99366 97749 100325 95972 96178 II 96617 96155 95138 96707 94634 93193 92565 98337 90666 94318 93154 93828 99730 98304 100575 96384 96580 III 97336 96996 96303 97372 95849 95158 95089 99325 93663 95274 93845 95199 100094 100010 100140 97226 97379 IV 98133 98044 97584 98293 97820 96765 97178 99414 96385 96030 95993 97613 99482 98778 99895 97957 97960
2005 I 99145 98825 98656 98917 99893 97949 98055 101195 96951 97776 97786 98181 99577 99190 99806 98816 99240 II 99586 99803 100017 99689 98113 99692 99498 100812 99015 100050 99885 99265 99685 99286 99922 99858 99588 III 100377 100561 100786 100439 99207 100977 100921 98696 101699 101075 99909 99876 100590 101608 99995 100680 100446 IV 100892 100811 100541 100955 102787 101381 101526 99297 102334 101099 102420 102677 100147 99915 100277 100646 100726
2006 I 102166 101843 102277 101612 104330 103749 105886 103696 106721 100024 106411 104622 101147 102763 100205 102059 102001 II 102581 102457 102633 102362 104183 103277 107797 109068 107314 95488 108200 105792 101232 101887 100851 102420 102370 III 102594 103071 103502 102841 102714 101952 108938 111771 107855 89974 108360 107058 101386 101792 101149 102464 102276 IV 103292 104030 104875 103582 99741 100520 109488 112185 108471 85182 112904 106924 101670 102066 101437 103438 103044
2007 I 103432 104608 105555 104107 98750 100223 111223 115080 109728 81458 114672 108480 101552 100828 101960 103700 103164 II 104362 105010 106055 104457 100953 101096 114118 122401 110781 78890 116571 109019 102401 102582 102288 104399 104153 III 105125 105472 106845 104750 100184 100749 116631 129246 111475 73635 120910 109282 103292 104950 102334 105240 105391 IV 105569 105783 107121 105081 97759 99491 118185 131584 112690 67531 124281 107828 103606 105236 102661 105894 106218
2008 I 105101 105515 105599 105465 94633 97363 117944 131860 112220 62104 125966 108203 104391 107703 102501 105606 105595 II 105447 105478 105719 105344 93176 96078 117269 134869 109945 59721 129793 107511 104838 108996 102473 105988 105947 III 104468 104458 103615 104884 89061 92989 114238 133594 106148 56484 128631 105698 105941 112058 102490 105190 105089 IV 102064 103096 100171 104576 80314 86480 107050 130057 97330 51072 121112 101518 106356 114518 101776 103181 102137
2009 I 100697 102681 100211 103924 69786 79032 98291 118743 89688 45843 111295 91526 106825 113639 102992 102365 100781 II 100618 102224 99684 103494 64480 75092 93667 108062 87704 43058 111460 87652 109307 117333 104794 102521 100681 III 100980 102757 101506 103385 64208 74501 91786 99980 88474 44799 115116 91196 110312 119129 105359 102826 101378 IV 101981 102747 101389 103429 70022 73352 90285 91848 89777 44257 121467 95312 110602 120352 105128 102682 102472
2010 I 102572 103377 102691 103729 73259 73180 90749 86033 92913 42934 123231 97689 109727 120535 103665 102718 103159 II 103142 104042 103531 104310 75792 75696 93411 88731 95582 45223 126079 102286 110498 123355 103292 103280 103902 III 103807 104685 104499 104795 78722 75515 95162 88245 98309 41570 129030 105672 110416 124468 102544 103440 104567 IV 104423 105736 106495 105380 77535 76913 97269 90222 100486 41720 132151 105680 109179 123172 101342 104475 105142
2011 I 104443 106559 107915 105903 76492 76660 96954 83055 103161 41577 134004 106787 107210 119864 100117 104624 105300 II 105084 106812 107655 106412 78778 78942 100297 89561 105120 41994 135352 106816 106985 120681 99317 105258 106022 III 105418 107251 108021 106886 79906 81835 104746 93866 109637 42139 137379 108037 106189 119351 98818 105871 106404 IV 106481 107790 109462 106970 85959 83807 107156 96449 111972 43361 137871 109345 105604 118024 98643 106271 107490
2012 I 106999 108443 110722 107318 87241 85785 109108 99421 113460 45433 139356 110179 104804 116751 98103 106897 107655 II 107408 108843 110922 107817 89029 87074 110536 99638 115439 46502 141176 111785 104425 116647 97574 107222
198 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1929 10593 10517 16312 7786 11298 15049 4650 24602 5275 15659 11318 6389 6924 4809 10362 10580 10614 10601 1930 10184 10073 15445 7563 10836 14344 4402 23616 5161 14177 9651 6192 6617 4675 9935 10172 10226 10213 ndash39 ndash41 ndash39 1931 9172 8995 13318 7031 10022 13354 4027 22385 4672 11155 7799 5880 6566 4395 8960 9162 9169 9159 ndash99 ndash98 ndash99 1932 8129 7934 11477 6352 8854 12089 3495 21113 3808 9675 6252 5352 6253 3956 7918 8120 8097 8088 ndash114 ndash116 ndash114 1933 7916 7652 11384 5953 8709 11882 3531 20284 3756 9674 5992 5511 6321 4096 7700 7908 7880 7872 ndash26 ndash28 ndash26 1934 8303 7999 12506 5876 9145 12297 3543 21428 4169 11218 6807 5929 6755 4420 8068 8296 8313 8306 49 48 49 1935 8468 8194 12834 6006 9188 12424 3708 21239 4109 11503 6920 5979 6834 4451 8226 8461 8482 8475 20 20 20 1936 8561 8268 12883 6103 9279 12404 3702 21206 4310 11891 7404 6159 7463 4432 8328 8553 8573 8565 11 12 11 1937 8876 8570 13347 6330 10084 13443 4206 22419 4728 12681 8263 6290 7584 4541 8651 8866 8944 8934 37 39 37 1938 8708 8376 12808 6336 10221 13548 4126 22959 4877 12095 7636 6303 7713 4505 8478 8697 8684 8673 ndash19 ndash20 ndash19 1939 8599 8295 12616 6319 10166 13404 4081 22717 4910 11932 8014 6201 7568 4441 8389 8586 8599 8586 ndash13 ndash10 ndash13 1940 8674 8365 12728 6369 10423 13712 4147 23325 5057 12942 8549 6129 7270 4480 8450 8661 8700 8687 09 07 09 1941 9239 8883 13770 6594 11193 14614 4438 24809 5524 14130 9029 6507 7651 4781 8988 9226 9285 9271 65 64 65 1942 10000 9989 16045 7059 12272 16154 4951 27285 5935 17073 10342 6539 7506 5284 9709 9984 10014 9998 82 80 82 1943 10562 10907 17888 7500 12808 16675 5381 27428 6424 18676 11132 6645 7577 5675 10253 10544 10556 10537 56 56 56 1944 10815 11534 19078 7845 13239 17011 5500 27955 7048 21035 11693 6559 7444 5895 10486 10795 10807 10787 24 23 24 1945 11091 11995 19950 8101 13658 17446 5744 28427 7524 20862 12021 6633 7512 6090 10764 11072 11093 11074 26 27 26 1946 12369 12831 21473 8593 15061 19298 6433 31118 8169 20164 13403 8213 9584 6654 12081 12353 12410 12394 115 122 116 1947 13743 14132 24057 9220 17688 22449 7798 35253 9784 23413 16058 8875 10168 7466 13414 13727 13755 13739 111 110 111 1948 14522 14932 25478 9706 19198 24383 8675 37794 10606 24661 17451 9218 10074 8346 14192 14506 14526 14510 57 58 57 1949 14515 14818 24887 9872 19572 24948 8645 39253 10747 23190 16633 9482 10503 8418 14210 14497 14499 14481 00 01 ndash01 1950 14628 14996 24968 10125 20006 25459 8753 40238 11012 22583 17667 9488 10442 8494 14373 14610 14656 14638 08 11 08 1951 15635 16016 26981 10624 21733 27902 9761 43656 11801 25515 21353 10118 10898 9365 15402 15614 15712 15690 69 72 69 1952 15976 16345 27241 11012 22264 28534 10021 44539 12125 25670 20580 10321 11005 9768 15709 15954 15982 15960 22 20 22 1953 16178 16563 27117 11440 22449 28790 10217 44647 12212 25598 19696 10429 11080 9958 15881 16157 16174 16153 13 11 13 1954 16342 16704 27016 11728 22619 29066 10093 45718 12261 25250 19965 10650 11337 10123 16059 16321 16322 16301 10 11 10 1955 16576 16772 26857 11930 22989 29462 10295 46151 12516 25466 19858 11093 11947 10320 16280 16557 16601 16582 14 14 14 1956 17148 17108 27314 12217 24341 31782 11176 49581 12835 26318 20208 11716 12562 10981 16831 17128 17170 17150 35 34 34 1957 17749 17628 28168 12574 25187 33406 11655 52392 12868 27316 20438 12234 13125 11456 17400 17727 17741 17720 35 34 35 1958 18157 18043 28809 12882 25249 33570 11468 53415 12836 27039 19589 12602 13663 11608 17779 18136 18139 18118 23 22 23 1959 18363 18314 28957 13229 25488 34011 11530 54395 12875 27094 19766 12653 13564 11851 17987 18344 18355 18336 11 12 11 1960 18620 18615 29184 13580 25624 34165 11516 54845 12962 27474 19955 12809 13677 12066 18235 18601 18612 18592 14 14 14 1961 18830 18810 29294 13826 25543 33970 11446 54544 12983 27892 19955 13065 13908 12357 18428 18811 18821 18802 11 11 11 1962 19087 19032 29444 14089 25559 33975 11537 54274 13003 27961 19720 13398 14202 12743 18670 19069 19078 19060 14 13 14 1963 19290 19254 29689 14305 25485 33971 11636 53975 12901 27898 20102 13690 14506 13028 18887 19273 19281 19264 11 12 11 1964 19589 19536 30013 14572 25640 34142 11801 53952 13003 28128 20526 14070 14995 13293 19191 19572 19580 19563 16 16 16 1965 19945 19819 30328 14845 26077 34532 12143 54001 13372 29023 20812 14444 15379 13662 19524 19929 19936 19920 18 17 18 1966 20511 20322 30996 15276 26626 35047 12580 54144 13857 29900 21297 15044 15914 14334 20071 20495 20502 20486 28 28 28 1967 21142 20834 31542 15785 27372 35939 12973 55344 14339 31045 21379 15671 16386 15137 20654 21126 21133 21116 31 29 31 1968 22040 21645 32642 16467 28472 37203 13621 56831 15100 31723 21704 16520 17287 15945 21526 22024 22031 22015 42 42 43 1969 23130 22626 33907 17324 29877 38740 14518 58411 16144 32796 22270 17517 18226 17013 22582 23112 23119 23101 49 49 49 1970 24349 23685 35200 18285 31162 40571 15473 60560 16666 34053 23587 18945 19699 18411 23798 24331 24338 24320 53 54 53 1971 25567 24692 36258 19284 32731 42479 16664 62360 17632 35310 25035 20421 21383 19720 25021 25549 25554 25537 50 51 50 1972 26670 25536 37186 20102 34135 43914 17863 63112 18703 36956 26789 21989 23471 20896 26134 26652 26657 26639 43 44 43 1973 28148 26913 39404 21077 36020 45605 19247 64184 20359 41816 31446 23594 25080 22495 27647 28134 28136 28121 55 58 56 1974 30695 29716 44322 22866 39568 50008 21910 68917 22460 51517 44989 25977 27315 24970 30484 30674 30690 30669 90 103 90 1975 33606 32198 47903 24834 44525 56893 24534 79100 24547 56781 48734 28586 30158 27410 33328 33584 33591 33570 95 93 95 1976 35535 33966 49777 26556 47106 60048 25741 83754 26124 58645 50201 30469 32302 29114 35238 35518 35519 35502 57 57 58 1977 37796 36171 52435 28558 50803 64157 27973 88730 28759 61033 54624 32583 34742 31005 37617 37780 37783 37767 64 68 64 1978 40447 38705 55653 30777 55094 68453 30675 93412 32281 64752 58482 34670 36888 33042 40286 40432 40435 40419 70 71 70 1979 43811 42137 60916 33350 60088 74013 34238 99335 35902 72545 68483 37575 39727 35976 43833 43795 43798 43782 83 88 83 1980 47817 46663 67737 36802 65710 80541 37421 107819 39789 79903 85301 41669 43900 40002 48448 47794 47791 47769 91 105 91 1981 52326 50833 72769 40555 71816 88316 42567 115524 43036 85810 89886 45768 48165 43975 52909 52306 52270 52251 94 92 94 1982 55514 53640 74753 43709 75747 93181 45927 120030 45340 86204 86855 48775 51434 46786 55906 55493 55459 55438 61 57 61 1983 57705 55948 76102 46429 75628 92350 44757 120284 46380 86544 83601 50717 53218 48857 57865 57687 57652 57635 39 35 40 1984 59874 58065 77541 48846 76070 92127 45147 119234 47713 87347 82879 53319 56358 51034 59904 59856 59817 59800 38 35 38 1985 61686 59965 78785 51049 77028 92850 46219 119090 48944 84674 80157 54974 57635 53002 61605 61672 61628 61614 30 28 30 1986 63057 61427 78417 53375 78870 94427 47106 120976 50994 83406 80154 55977 57938 54577 63000 63039 62991 62973 22 23 22 1987 64818 63618 80939 55409 80332 95275 47863 121637 53079 85516 85008 57541 58642 56849 64978 64803 64819 64804 28 31 28 1988 67047 66151 83072 58123 82415 97392 49895 123155 54913 89945 89074 59074 59884 58621 67215 67032 67046 67031 34 34 34 1989 69579 69025 86268 60840 84410 99435 51848 124695 56680 91443 91021 60924 61504 60654 69765 69572 69577 69570 38 38 38 1990 72274 72180 89801 63808 86125 101339 53522 126310 58011 92063 93630 63405 63548 63474 72601 72272 72262 72260 39 41 39 1991 74826 74789 91996 66581 87404 102906 54491 128112 58771 93283 92848 65606 66070 65443 74980 74821 74824 74819 35 33 35 1992 76602 76989 93106 69236 87152 102048 54502 126605 59486 92904 92922 67276 68101 66856 76788 76590 76598 76586 24 24 24 1993 78288 78679 93915 71294 88163 102100 56103 125322 61890 92879 92210 68949 69830 68494 78404 78289 78290 78291 22 21 22 1994 79935 80302 94870 73200 89352 102592 58089 124604 64069 93914 93075 70819 71725 70351 80029 79937 79940 79942 21 21 21
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
195 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1962 I 23993 21338 20554 21225 15332 14755 11294 49678 5841 28116 7690 6085 40336 59488 28403 23914 23982 II 24258 21600 20756 21542 15184 15203 11631 51488 5991 28995 8428 6218 40555 59733 28607 24321 24261 III 24482 21776 20915 21728 15455 15325 11781 52844 6017 28971 7957 6297 41478 61530 28972 24510 24485 IV 24542 22084 21242 22002 14936 15250 11701 51563 6045 28933 7785 6374 41538 61199 29288 24679 24571
1963 I 24863 22233 21441 22089 15765 15428 11683 49768 6164 29978 7967 6226 41285 59714 29839 24843 24880 II 25174 22446 21618 22330 15995 16144 12056 52126 6303 32135 8900 6373 41233 59161 30110 25265 25182 III 25648 22752 21835 22721 16517 16562 12421 52488 6586 32730 8424 6534 43001 62445 30915 25713 25656 IV 25843 22941 21909 23031 16720 17091 12829 53562 6851 33726 8847 6513 42610 60783 31346 25980 25856
1964 I 26423 23394 22416 23403 17407 17743 13148 54952 7018 35792 9389 6507 42768 60473 31813 26548 26449 II 26727 23806 22888 23729 17327 17695 13483 56815 7161 33990 9545 6653 43045 60070 32544 26864 26742 III 27090 24243 23422 24039 17739 17978 13941 58681 7409 33435 9471 6832 43071 59598 32899 27197 27109 IV 27165 24311 23250 24368 17884 18110 14231 59147 7622 32825 9753 7017 42947 58760 33247 27267 27168
1965 I 27832 24852 24007 24645 19683 18935 15187 62180 8208 32940 8701 6764 42843 58020 33562 27699 27858 II 28210 25126 24181 25018 19682 19465 15759 66513 8361 33197 10335 7562 43396 58132 34414 28199 28240 III 28782 25558 24676 25360 20385 19992 16355 67213 8820 33327 9743 7593 44897 60480 35383 28729 28792 IV 29477 26276 25627 25791 20479 20441 17051 70307 9175 32605 10449 7964 45862 62158 35893 29509 29462
1966 I 30200 26664 26109 26059 22211 21205 17794 71978 9687 33346 10266 8169 46687 63579 36338 30001 30187 II 30301 26733 25979 26343 21805 20931 18071 70590 10040 30671 10715 8373 47514 65262 36619 30137 30287 III 30500 27039 26353 26560 21589 20924 18291 72162 10104 29674 10313 8842 48800 67904 37042 30388 30481 IV 30747 27151 26298 26850 21693 20290 18244 69704 10265 26561 10653 8941 49594 68469 37995 30474 30735
1967 I 31018 27310 26366 27099 21099 19813 17858 70424 9867 25762 10859 9082 51699 73163 38465 30782 31001 II 31025 27682 26825 27361 20199 20320 17794 68421 9976 28691 10760 9009 51418 72103 38675 31111 31002 III 31272 27824 26746 27734 20779 20520 17704 69145 9838 30129 10498 9127 51953 73249 38827 31270 31268 IV 31511 27996 26851 27968 21229 21160 18069 69260 10149 31884 10797 9608 52307 73097 39504 31547 31499
1968 I 32160 28664 27706 28406 21691 21671 18637 70618 10536 32079 11111 10174 53220 74368 40197 32207 32149 II 32706 29104 28121 28853 22568 21560 18313 70020 10300 32889 11332 10330 53466 73771 40979 32531 32696 III 32930 29651 28810 29226 21835 21878 18557 69568 10555 33480 11998 10951 53578 73136 41568 32997 32925 IV 33072 29787 28763 29550 22062 22415 19107 70990 10922 33897 11845 10858 53622 72689 41927 33206 33065
1969 I 33593 30120 29148 29814 23515 23122 19672 72087 11332 35118 10424 9834 53674 72285 42268 33550 33583 II 33691 30313 29169 30180 23328 23223 19885 72659 11474 34741 12760 11774 53450 71132 42623 33715 33671 III 33904 30459 29221 30420 23867 23610 20422 76085 11655 34457 12454 11622 53525 71182 42713 33889 33872 IV 33745 30702 29326 30797 22582 23013 20300 75553 11593 31937 12886 11494 52739 69277 42625 33896 33714
1970 I 33692 30891 29374 31124 21875 22931 20182 74959 11539 32001 12997 11456 52455 67908 43021 33988 33667 II 33753 31032 29457 31319 21943 22421 20072 74192 11508 29868 13569 11683 51777 65781 43251 33923 33736 III 34054 31304 29638 31673 22318 22820 20174 74462 11575 31460 13525 11656 52001 64808 44228 34227 34031 IV 33693 31219 29318 31833 21026 22842 19423 73588 10972 34776 13649 11837 52002 64455 44451 34163 33653
1971 I 34622 31816 30259 32051 23756 23353 19600 73404 11148 36632 13701 11697 51160 61946 44653 34586 34614 II 34818 32107 30508 32373 24492 24319 19890 73214 11430 40329 13674 12580 50996 61053 44952 34825 34822 III 35096 32364 30704 32680 24814 24779 19970 72951 11527 42316 14236 12858 50964 60796 45063 35131 35073 IV 35194 32902 31244 33193 24038 25456 20397 72760 11941 43956 13042 11986 50584 58915 45642 35555 35183
1972 I 35823 33341 31536 33761 25738 26601 21083 74662 12395 46888 14423 13738 50768 59155 45792 36049 35818 II 36672 33978 32370 34174 27313 27070 21432 75081 12680 47807 14004 13250 51083 60101 45695 36647 36658 III 37024 34502 32933 34638 27702 27368 21767 75247 12979 47918 14849 13526 50030 56860 46068 36978 37028 IV 37634 35311 33899 35257 27846 28641 22905 76445 13934 49630 15479 14135 50344 56673 46717 37838 37632
1973 I 38596 35957 34709 35712 29614 29851 23975 78942 14697 51300 16613 14788 50839 57611 46928 38667 38630 II 39043 35939 34374 36011 30998 30110 24954 81408 15378 48690 17414 14362 50536 56718 47009 38857 39094 III 38835 36068 34385 36252 29786 30022 25373 83248 15587 46624 17472 13965 49887 54311 47503 38905 38944 IV 39205 35963 34044 36389 30926 29720 25572 82482 15861 44396 18331 14069 50254 54354 48085 38950 39314
1974 I 38861 35648 33489 36334 28952 29018 25544 82018 15882 41140 18565 13592 51305 56066 48713 38902 39043 II 38961 35772 33384 36689 28809 28601 25487 81680 15862 39346 19468 14312 51651 55977 49339 38945 39116 III 38575 35919 33492 36869 27184 28097 25190 78135 15968 38050 18418 14062 51728 56258 49286 38825 38693 IV 38424 35393 32132 37241 27442 26504 24486 77186 15383 33043 18899 13922 51908 56671 49317 38261 38486
1975 I 37956 35690 32365 37588 22622 24881 22984 73213 14356 31002 19032 12526 52544 56034 50778 38560 37966 II 38246 36285 33056 38054 21836 24531 22383 70455 14074 31668 18479 11523 52140 55584 50401 38956 38256 III 38891 36802 33872 38238 23686 25144 22589 70853 14231 33873 18167 12481 53057 56970 51025 39306 38920 IV 39399 37192 34103 38776 24337 25613 22799 70901 14429 35356 19195 13147 53507 57115 51675 39770 39486
1976 I 40294 37935 35101 39229 26857 26674 23211 72812 14622 38970 19061 13971 53640 56588 52238 40320 40363 II 40597 38283 35524 39488 28002 27130 23494 72592 14919 40091 19254 14576 53052 56466 51342 40456 40679 III 40796 38688 35837 39969 28054 27414 24008 73329 15338 39437 19813 15171 52773 56306 50983 40706 40880 IV 41092 39192 36272 40522 28249 28825 24487 73558 15778 44464 20014 15673 52732 56450 50821 41275 41184
1977 I 41569 39640 36666 41005 29639 29867 25438 73307 16730 45805 19693 16415 53210 56919 51310 41662 41714 II 42395 39859 36936 41164 31930 31534 26172 76049 17144 51045 20224 16566 53763 57857 51614 42332 42525 III 43154 40239 37233 41610 33670 31942 26720 77201 17553 50884 20380 16335 53861 58191 51560 42777 43273 IV 43145 40846 38027 42010 32719 32518 27615 77757 18369 50211 19726 16567 53688 57621 51645 43126 43214
1978 I 43292 41085 37814 42681 33368 32791 27888 77607 18655 50464 20191 17679 53775 57823 51657 43181 43422 II 44995 41963 38899 43324 35659 35171 30240 85196 20112 52888 22295 17735 55227 59202 53172 44895 45036 III 45436 42139 38931 43634 36760 36182 31320 90815 20535 53623 22540 17966 55667 59411 53768 45306 45509 IV 46037 42478 39370 43862 37596 36953 32353 94614 21119 53434 23434 18213 56172 59932 54268 45888 46168
196 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1979 I 46114 42693 39340 44308 37590 37234 33057 94087 21884 52185 23454 18163 55667 60013 53375 46033 46256 II 46158 42668 39008 44584 37503 36945 32958 95449 21621 51211 23516 18261 56255 60755 53869 46031 46358 III 46489 43087 39657 44762 36773 37616 33985 99899 22115 50602 24363 17982 56337 60661 54066 46699 46794 IV 46617 43202 39489 45148 36089 37265 34070 102958 21825 48691 25896 18375 56704 60647 54683 46912 46916
1980 I 46767 43127 39289 45199 35827 36739 34444 104548 22009 44965 26619 18389 57616 62588 54936 47003 47077 II 45809 42148 37670 44894 32595 33543 32696 102253 20527 36646 27120 17054 57795 64162 54218 46081 46076 III 45724 42600 38057 45391 30110 33874 32942 102762 20716 37273 27063 15828 56998 63297 53456 46682 45956 IV 46569 43168 38490 46070 33172 35220 33635 105785 21049 40915 26899 16677 56940 63511 53223 47099 46687
1981 I 47537 43404 39043 45985 36468 35478 34177 105721 21613 40183 27407 17389 57696 64826 53623 47331 47679 II 47158 43404 38731 46289 34732 35712 34866 109705 21813 38821 27555 17416 57825 66761 52596 47425 47273 III 47731 43580 39122 46250 36888 35716 35715 112472 22329 35826 26969 17217 57694 66689 52427 47480 47871 IV 47136 43250 38423 46287 35457 35586 36574 120746 22130 32157 27094 17711 58225 67403 52844 47200 47343
1982 I 46363 43530 38808 46457 31763 34507 35709 116906 21735 30303 25919 17206 58167 67508 52680 47067 46545 II 46614 43686 38799 46762 31735 33301 34432 113096 20906 29347 26075 16925 58506 68120 52846 47047 46860 III 46434 44021 39005 47202 31365 32373 33269 106861 20524 29254 24920 17710 58906 69141 52850 46739 46590 IV 46471 44824 39792 47992 28572 32321 32600 104435 20150 31396 23779 17015 59923 71185 53217 47431 46608
1983 I 47049 45263 40000 48622 29589 33027 31990 100175 20082 36747 24163 17405 60373 72042 53408 47932 47176 II 48106 46162 41179 49243 32445 34302 32381 95420 21114 41100 24236 18743 60889 73574 53279 48611 48257 III 49055 46978 42093 49949 34626 36352 33845 97652 22342 45171 24601 20203 61946 75639 53700 49512 49208 IV 50069 47723 43084 50458 38272 38482 36037 100370 24262 47080 25097 21194 60899 72990 53667 50163 50234
1984 I 51040 48132 43667 50707 42278 39689 37212 106076 24734 48388 25622 22897 61512 73614 54281 50498 51157 II 51921 48820 44641 51134 43704 41321 39062 111401 25957 49283 26259 23857 62838 75924 54984 51424 52034 III 52426 49197 44669 51801 44720 42202 40349 114917 26832 48810 26839 24474 63302 75634 55942 51898 52530 IV 52853 49845 45367 52391 43986 42960 41322 116107 27691 48861 27384 25191 64659 78144 56569 52655 52898
1985 I 53351 50690 46067 53338 42536 43292 41802 121028 27531 48709 27403 24635 65400 78977 57256 53547 53301 II 53803 51152 46488 53822 43270 43836 42397 120962 28166 49098 27304 25846 66867 80904 58439 53955 53773 III 54644 52124 47727 54546 42792 43483 41749 118457 27824 49722 26904 25596 68603 83617 59565 54831 54541 IV 55058 52238 47442 54985 44465 44304 42465 119932 28376 50904 27714 26599 69013 83585 60258 55056 54988
1986 I 55587 52674 48163 55175 44373 44368 41882 116932 28169 53080 28590 26575 69759 83141 61759 55622 55470 II 55811 53235 49019 55487 43389 44262 40834 105913 28574 56026 28901 27707 71242 85792 62514 56042 55605 III 56349 54166 50538 55935 42028 44013 40236 102136 28461 56889 29562 28475 72854 89039 63114 56831 56166 IV 56621 54492 50506 56538 42094 44306 40650 102760 28813 56787 30663 28694 72436 87657 63290 57153 56356
1987 I 56935 54409 49473 57205 43380 43428 39532 100357 27965 56637 30686 28522 72732 88179 63449 57000 56689 II 57540 55138 50421 57748 43440 44205 40479 101537 28804 56886 31904 29234 73192 89403 63446 57760 57338 III 58040 55753 51179 58240 43484 45146 41783 105766 29599 56714 33279 29802 73194 89498 63393 58450 57827 IV 59033 55887 50721 58835 46875 45140 41686 107774 29213 56992 34509 30487 74080 90829 64012 58713 58834
1988 I 59338 56820 51918 59545 44234 45081 42007 103705 30124 55759 36421 30345 73721 88361 64922 59581 59200 II 60100 57233 52188 60060 45310 45963 43039 105858 30919 56201 37429 29996 73914 87461 65773 60299 59929 III 60410 57684 52178 60858 45601 46140 43265 104428 31364 56236 38123 30704 73871 86806 66099 60586 60209 IV 61217 58364 53005 61412 46205 46603 43721 104166 31890 56730 39287 31640 75372 89413 66939 61364 61035
1989 I 61792 58578 53079 61728 47975 47067 44460 105845 32442 56358 40442 31786 74909 87583 67290 61660 61600 II 62254 58840 53378 61958 47415 47131 45092 104650 33297 54689 42202 31937 76069 89554 67965 62259 62048 III 62748 59450 54147 62437 46858 47951 46384 108318 34153 54093 42664 31893 76786 90416 68595 63043 62560 IV 62885 59741 53967 63081 46377 47162 45700 107653 33513 52957 43335 32471 77194 89962 69512 63122 62761
1990 I 63542 60214 54691 63356 46833 47748 46307 110021 33819 53496 45229 33500 78385 91312 70609 63807 63391 II 63794 60412 54105 64146 46846 46644 45507 109482 33032 51438 45843 33444 78501 91421 70730 63834 63652 III 63793 60642 53978 64639 45744 46140 45797 109081 33405 48516 46178 33310 78478 90605 71172 63960 63597 IV 63234 60170 53127 64461 42851 44826 44922 104163 33190 45828 46565 32416 79257 91401 71939 63733 63287
1991 I 62928 59998 52671 64505 41106 43291 43763 101920 32266 43102 46899 32047 79579 92110 72031 63478 62851 II 63353 60456 52966 65076 40900 43226 43343 99143 32224 44120 48587 32617 79857 92371 72317 63935 63155 III 63620 60687 53285 65237 41918 43370 42933 92709 32744 45949 49700 33535 79478 90650 72733 64023 63385 IV 63869 60659 52695 65624 43523 43452 42707 90827 32781 46957 50833 34275 79144 88871 73258 63965 63713
1992 I 64570 61703 53888 66542 42555 43902 42515 89684 32744 49352 51739 34525 79745 88899 74201 64953 64404 II 65256 62068 54163 66969 45358 45628 44201 89690 34575 51240 51741 35092 79651 88810 74106 65418 65080 III 65930 62755 54755 67714 45827 46321 45094 90466 35430 51358 52865 35646 80060 89824 74153 66137 65715 IV 66623 63520 55480 68499 47277 47764 46451 91574 36743 53102 53135 36499 80083 89870 74165 66825 66413
1993 I 66746 63778 55695 68783 48388 48042 46746 89242 37427 53344 53255 37289 79239 87106 74467 66781 66610 II 67173 64390 56587 69188 48768 49117 47990 89101 38816 53972 53907 38060 79180 85876 75107 67341 66965 III 67526 65089 57172 69960 48734 49988 48525 89531 39338 55835 53731 38561 79101 84970 75523 67869 67374 IV 68418 65668 57900 70427 51306 52208 50562 91200 41324 58647 55450 40110 79491 85415 75880 68682 68105
197 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1994 I 69084 66399 58881 70976 53519 52902 51065 87474 42484 59891 55981 41045 78480 82358 76093 69050 68835 II 70029 66892 59404 71441 56639 54174 52097 92472 42818 61875 57827 42574 78810 81893 76899 69631 69732 III 70480 67427 59956 71961 55621 54712 53073 92365 43922 61199 60036 43772 80192 84140 77761 70386 70156 IV 71263 68093 61103 72286 58214 56210 55424 93307 46393 60397 61365 45003 79500 81830 78034 70951 70928
1995 I 71438 68172 60799 72630 58805 57493 57689 95652 48538 59055 62493 45990 79816 81630 78659 71254 71195 II 71591 68731 61209 73287 57224 57275 58089 97565 48660 57157 63354 46427 80083 81307 79279 71675 71373 III 72193 69346 61950 73809 56673 58031 58479 98275 48977 58924 66110 46587 79907 80754 79329 72529 71833 IV 72696 69833 62535 74226 58269 59241 59655 97447 50456 60261 67064 47182 79013 77722 79720 72952 72441
1996 I 73194 70472 63036 74953 59036 60738 61136 99185 51830 61845 67909 48716 79519 79341 79556 73582 72995 II 74460 71269 64265 75451 62094 62713 62893 101358 53442 64457 69047 49806 80661 80472 80706 74636 74167 III 75107 71696 64722 75854 65225 64164 64986 102607 55606 64280 69606 51421 80583 79053 81434 74962 74778 IV 75927 72280 65507 76301 65048 65236 66744 107828 56653 63615 73969 52436 81266 78825 82662 76014 75640
1997 I 76511 73008 66391 76921 66567 66510 68447 108777 58432 63831 75378 54675 81411 77764 83534 76548 76139 II 77646 73304 66340 77443 70817 67943 70146 107813 60580 64638 78363 56511 82116 79142 83832 77157 77338 III 78620 74550 68075 78364 72076 70560 73722 111880 63946 64935 80184 58593 82208 78884 84135 78375 78232 IV 79223 75403 69005 79162 73227 71166 74315 112649 64486 65601 80038 59858 82344 78776 84419 78879 78772
1998 I 79972 76153 69541 80042 76723 73308 76885 111433 67764 66771 80415 62103 81849 76319 85101 79375 79596 II 80691 77463 71369 81018 75805 75863 79699 117435 69840 68778 79488 63526 83628 78419 86686 80716 80286 III 81756 78491 72458 82003 77977 77307 80900 117481 71257 70842 79119 64382 84402 77767 88313 81647 81222 IV 83171 79694 74671 82574 80485 79670 83570 117294 74486 72538 82103 66465 85157 78529 89063 83032 82643
1999 I 83912 80480 75597 83271 83019 81148 85509 116811 76910 72969 81472 68158 85593 78010 90065 83578 83482 II 84568 81747 77386 84213 82729 83047 87906 115395 80111 73755 82409 70330 85950 78009 90636 84619 84178 III 85643 82729 78318 85224 84805 84979 90432 115306 83187 74367 84570 72881 87061 79646 91435 85664 85217 IV 87181 83896 79680 86269 87814 85457 90714 116684 83219 75278 86689 74629 88438 81416 92579 86758 86836
2000 I 87409 85169 80896 87574 86586 87955 94085 118937 86812 75867 88184 77656 87714 78194 93332 87633 87021 II 89114 85969 81340 88591 92581 90167 97556 123869 89896 75349 90688 80023 88884 81324 93347 88669 88743 III 89189 86811 82208 89413 91135 90487 98638 128533 90113 74027 92900 82818 88604 79747 93827 89054 88779 IV 89717 87579 82942 90197 91181 90764 99027 129064 90460 74091 92168 82757 88874 79379 94470 89625 89518
2001 I 89422 87928 83159 90621 86364 90227 98096 125506 90180 74430 90960 81550 90188 81069 95564 90079 89102 II 90009 88260 83398 91006 86084 88816 95517 125954 86853 75477 87991 79121 92061 82805 97518 90477 89755 III 89760 88648 84025 91251 84259 87875 93924 126665 84670 75885 83462 77205 91893 83361 96931 90385 89310 IV 90074 90036 87088 91657 79386 85649 90921 114639 84048 75240 81109 76285 93525 84368 98931 91169 90163
2002 I 90844 90347 86914 92251 82028 84863 88755 108414 82967 77249 82405 78196 94958 86376 100030 91352 90591 II 91327 90806 87328 92738 83018 84535 87330 102546 82740 79143 84641 80837 95870 88372 100302 91611 90915 III 91790 91422 88451 93063 83230 84429 86944 97994 83495 79604 85231 82170 96646 89772 100711 92022 91499 IV 91821 91746 88701 93428 83242 83820 85419 96553 81954 80820 84363 83647 97293 91289 100848 91950 91679
2003 I 92204 92210 89300 93811 83343 83937 85193 95591 81943 81601 83584 82638 97091 91315 100511 92337 91940 II 92986 93123 90947 94312 83865 86121 87543 98449 84144 83454 83313 83817 98534 95718 100201 93396 92830 III 94516 94377 93368 94921 86932 88919 89572 98237 86818 87708 85575 84803 98824 95812 100608 94875 94345 IV 95371 94890 93945 95399 90222 90584 90851 97780 88603 90085 89585 87966 98895 96511 100310 95451 95408
2004 I 95999 95730 94926 96164 90693 90405 90128 97210 87837 90898 91717 90207 99366 97749 100325 95972 96178 II 96617 96155 95138 96707 94634 93193 92565 98337 90666 94318 93154 93828 99730 98304 100575 96384 96580 III 97336 96996 96303 97372 95849 95158 95089 99325 93663 95274 93845 95199 100094 100010 100140 97226 97379 IV 98133 98044 97584 98293 97820 96765 97178 99414 96385 96030 95993 97613 99482 98778 99895 97957 97960
2005 I 99145 98825 98656 98917 99893 97949 98055 101195 96951 97776 97786 98181 99577 99190 99806 98816 99240 II 99586 99803 100017 99689 98113 99692 99498 100812 99015 100050 99885 99265 99685 99286 99922 99858 99588 III 100377 100561 100786 100439 99207 100977 100921 98696 101699 101075 99909 99876 100590 101608 99995 100680 100446 IV 100892 100811 100541 100955 102787 101381 101526 99297 102334 101099 102420 102677 100147 99915 100277 100646 100726
2006 I 102166 101843 102277 101612 104330 103749 105886 103696 106721 100024 106411 104622 101147 102763 100205 102059 102001 II 102581 102457 102633 102362 104183 103277 107797 109068 107314 95488 108200 105792 101232 101887 100851 102420 102370 III 102594 103071 103502 102841 102714 101952 108938 111771 107855 89974 108360 107058 101386 101792 101149 102464 102276 IV 103292 104030 104875 103582 99741 100520 109488 112185 108471 85182 112904 106924 101670 102066 101437 103438 103044
2007 I 103432 104608 105555 104107 98750 100223 111223 115080 109728 81458 114672 108480 101552 100828 101960 103700 103164 II 104362 105010 106055 104457 100953 101096 114118 122401 110781 78890 116571 109019 102401 102582 102288 104399 104153 III 105125 105472 106845 104750 100184 100749 116631 129246 111475 73635 120910 109282 103292 104950 102334 105240 105391 IV 105569 105783 107121 105081 97759 99491 118185 131584 112690 67531 124281 107828 103606 105236 102661 105894 106218
2008 I 105101 105515 105599 105465 94633 97363 117944 131860 112220 62104 125966 108203 104391 107703 102501 105606 105595 II 105447 105478 105719 105344 93176 96078 117269 134869 109945 59721 129793 107511 104838 108996 102473 105988 105947 III 104468 104458 103615 104884 89061 92989 114238 133594 106148 56484 128631 105698 105941 112058 102490 105190 105089 IV 102064 103096 100171 104576 80314 86480 107050 130057 97330 51072 121112 101518 106356 114518 101776 103181 102137
2009 I 100697 102681 100211 103924 69786 79032 98291 118743 89688 45843 111295 91526 106825 113639 102992 102365 100781 II 100618 102224 99684 103494 64480 75092 93667 108062 87704 43058 111460 87652 109307 117333 104794 102521 100681 III 100980 102757 101506 103385 64208 74501 91786 99980 88474 44799 115116 91196 110312 119129 105359 102826 101378 IV 101981 102747 101389 103429 70022 73352 90285 91848 89777 44257 121467 95312 110602 120352 105128 102682 102472
2010 I 102572 103377 102691 103729 73259 73180 90749 86033 92913 42934 123231 97689 109727 120535 103665 102718 103159 II 103142 104042 103531 104310 75792 75696 93411 88731 95582 45223 126079 102286 110498 123355 103292 103280 103902 III 103807 104685 104499 104795 78722 75515 95162 88245 98309 41570 129030 105672 110416 124468 102544 103440 104567 IV 104423 105736 106495 105380 77535 76913 97269 90222 100486 41720 132151 105680 109179 123172 101342 104475 105142
2011 I 104443 106559 107915 105903 76492 76660 96954 83055 103161 41577 134004 106787 107210 119864 100117 104624 105300 II 105084 106812 107655 106412 78778 78942 100297 89561 105120 41994 135352 106816 106985 120681 99317 105258 106022 III 105418 107251 108021 106886 79906 81835 104746 93866 109637 42139 137379 108037 106189 119351 98818 105871 106404 IV 106481 107790 109462 106970 85959 83807 107156 96449 111972 43361 137871 109345 105604 118024 98643 106271 107490
2012 I 106999 108443 110722 107318 87241 85785 109108 99421 113460 45433 139356 110179 104804 116751 98103 106897 107655 II 107408 108843 110922 107817 89029 87074 110536 99638 115439 46502 141176 111785 104425 116647 97574 107222
198 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1929 10593 10517 16312 7786 11298 15049 4650 24602 5275 15659 11318 6389 6924 4809 10362 10580 10614 10601 1930 10184 10073 15445 7563 10836 14344 4402 23616 5161 14177 9651 6192 6617 4675 9935 10172 10226 10213 ndash39 ndash41 ndash39 1931 9172 8995 13318 7031 10022 13354 4027 22385 4672 11155 7799 5880 6566 4395 8960 9162 9169 9159 ndash99 ndash98 ndash99 1932 8129 7934 11477 6352 8854 12089 3495 21113 3808 9675 6252 5352 6253 3956 7918 8120 8097 8088 ndash114 ndash116 ndash114 1933 7916 7652 11384 5953 8709 11882 3531 20284 3756 9674 5992 5511 6321 4096 7700 7908 7880 7872 ndash26 ndash28 ndash26 1934 8303 7999 12506 5876 9145 12297 3543 21428 4169 11218 6807 5929 6755 4420 8068 8296 8313 8306 49 48 49 1935 8468 8194 12834 6006 9188 12424 3708 21239 4109 11503 6920 5979 6834 4451 8226 8461 8482 8475 20 20 20 1936 8561 8268 12883 6103 9279 12404 3702 21206 4310 11891 7404 6159 7463 4432 8328 8553 8573 8565 11 12 11 1937 8876 8570 13347 6330 10084 13443 4206 22419 4728 12681 8263 6290 7584 4541 8651 8866 8944 8934 37 39 37 1938 8708 8376 12808 6336 10221 13548 4126 22959 4877 12095 7636 6303 7713 4505 8478 8697 8684 8673 ndash19 ndash20 ndash19 1939 8599 8295 12616 6319 10166 13404 4081 22717 4910 11932 8014 6201 7568 4441 8389 8586 8599 8586 ndash13 ndash10 ndash13 1940 8674 8365 12728 6369 10423 13712 4147 23325 5057 12942 8549 6129 7270 4480 8450 8661 8700 8687 09 07 09 1941 9239 8883 13770 6594 11193 14614 4438 24809 5524 14130 9029 6507 7651 4781 8988 9226 9285 9271 65 64 65 1942 10000 9989 16045 7059 12272 16154 4951 27285 5935 17073 10342 6539 7506 5284 9709 9984 10014 9998 82 80 82 1943 10562 10907 17888 7500 12808 16675 5381 27428 6424 18676 11132 6645 7577 5675 10253 10544 10556 10537 56 56 56 1944 10815 11534 19078 7845 13239 17011 5500 27955 7048 21035 11693 6559 7444 5895 10486 10795 10807 10787 24 23 24 1945 11091 11995 19950 8101 13658 17446 5744 28427 7524 20862 12021 6633 7512 6090 10764 11072 11093 11074 26 27 26 1946 12369 12831 21473 8593 15061 19298 6433 31118 8169 20164 13403 8213 9584 6654 12081 12353 12410 12394 115 122 116 1947 13743 14132 24057 9220 17688 22449 7798 35253 9784 23413 16058 8875 10168 7466 13414 13727 13755 13739 111 110 111 1948 14522 14932 25478 9706 19198 24383 8675 37794 10606 24661 17451 9218 10074 8346 14192 14506 14526 14510 57 58 57 1949 14515 14818 24887 9872 19572 24948 8645 39253 10747 23190 16633 9482 10503 8418 14210 14497 14499 14481 00 01 ndash01 1950 14628 14996 24968 10125 20006 25459 8753 40238 11012 22583 17667 9488 10442 8494 14373 14610 14656 14638 08 11 08 1951 15635 16016 26981 10624 21733 27902 9761 43656 11801 25515 21353 10118 10898 9365 15402 15614 15712 15690 69 72 69 1952 15976 16345 27241 11012 22264 28534 10021 44539 12125 25670 20580 10321 11005 9768 15709 15954 15982 15960 22 20 22 1953 16178 16563 27117 11440 22449 28790 10217 44647 12212 25598 19696 10429 11080 9958 15881 16157 16174 16153 13 11 13 1954 16342 16704 27016 11728 22619 29066 10093 45718 12261 25250 19965 10650 11337 10123 16059 16321 16322 16301 10 11 10 1955 16576 16772 26857 11930 22989 29462 10295 46151 12516 25466 19858 11093 11947 10320 16280 16557 16601 16582 14 14 14 1956 17148 17108 27314 12217 24341 31782 11176 49581 12835 26318 20208 11716 12562 10981 16831 17128 17170 17150 35 34 34 1957 17749 17628 28168 12574 25187 33406 11655 52392 12868 27316 20438 12234 13125 11456 17400 17727 17741 17720 35 34 35 1958 18157 18043 28809 12882 25249 33570 11468 53415 12836 27039 19589 12602 13663 11608 17779 18136 18139 18118 23 22 23 1959 18363 18314 28957 13229 25488 34011 11530 54395 12875 27094 19766 12653 13564 11851 17987 18344 18355 18336 11 12 11 1960 18620 18615 29184 13580 25624 34165 11516 54845 12962 27474 19955 12809 13677 12066 18235 18601 18612 18592 14 14 14 1961 18830 18810 29294 13826 25543 33970 11446 54544 12983 27892 19955 13065 13908 12357 18428 18811 18821 18802 11 11 11 1962 19087 19032 29444 14089 25559 33975 11537 54274 13003 27961 19720 13398 14202 12743 18670 19069 19078 19060 14 13 14 1963 19290 19254 29689 14305 25485 33971 11636 53975 12901 27898 20102 13690 14506 13028 18887 19273 19281 19264 11 12 11 1964 19589 19536 30013 14572 25640 34142 11801 53952 13003 28128 20526 14070 14995 13293 19191 19572 19580 19563 16 16 16 1965 19945 19819 30328 14845 26077 34532 12143 54001 13372 29023 20812 14444 15379 13662 19524 19929 19936 19920 18 17 18 1966 20511 20322 30996 15276 26626 35047 12580 54144 13857 29900 21297 15044 15914 14334 20071 20495 20502 20486 28 28 28 1967 21142 20834 31542 15785 27372 35939 12973 55344 14339 31045 21379 15671 16386 15137 20654 21126 21133 21116 31 29 31 1968 22040 21645 32642 16467 28472 37203 13621 56831 15100 31723 21704 16520 17287 15945 21526 22024 22031 22015 42 42 43 1969 23130 22626 33907 17324 29877 38740 14518 58411 16144 32796 22270 17517 18226 17013 22582 23112 23119 23101 49 49 49 1970 24349 23685 35200 18285 31162 40571 15473 60560 16666 34053 23587 18945 19699 18411 23798 24331 24338 24320 53 54 53 1971 25567 24692 36258 19284 32731 42479 16664 62360 17632 35310 25035 20421 21383 19720 25021 25549 25554 25537 50 51 50 1972 26670 25536 37186 20102 34135 43914 17863 63112 18703 36956 26789 21989 23471 20896 26134 26652 26657 26639 43 44 43 1973 28148 26913 39404 21077 36020 45605 19247 64184 20359 41816 31446 23594 25080 22495 27647 28134 28136 28121 55 58 56 1974 30695 29716 44322 22866 39568 50008 21910 68917 22460 51517 44989 25977 27315 24970 30484 30674 30690 30669 90 103 90 1975 33606 32198 47903 24834 44525 56893 24534 79100 24547 56781 48734 28586 30158 27410 33328 33584 33591 33570 95 93 95 1976 35535 33966 49777 26556 47106 60048 25741 83754 26124 58645 50201 30469 32302 29114 35238 35518 35519 35502 57 57 58 1977 37796 36171 52435 28558 50803 64157 27973 88730 28759 61033 54624 32583 34742 31005 37617 37780 37783 37767 64 68 64 1978 40447 38705 55653 30777 55094 68453 30675 93412 32281 64752 58482 34670 36888 33042 40286 40432 40435 40419 70 71 70 1979 43811 42137 60916 33350 60088 74013 34238 99335 35902 72545 68483 37575 39727 35976 43833 43795 43798 43782 83 88 83 1980 47817 46663 67737 36802 65710 80541 37421 107819 39789 79903 85301 41669 43900 40002 48448 47794 47791 47769 91 105 91 1981 52326 50833 72769 40555 71816 88316 42567 115524 43036 85810 89886 45768 48165 43975 52909 52306 52270 52251 94 92 94 1982 55514 53640 74753 43709 75747 93181 45927 120030 45340 86204 86855 48775 51434 46786 55906 55493 55459 55438 61 57 61 1983 57705 55948 76102 46429 75628 92350 44757 120284 46380 86544 83601 50717 53218 48857 57865 57687 57652 57635 39 35 40 1984 59874 58065 77541 48846 76070 92127 45147 119234 47713 87347 82879 53319 56358 51034 59904 59856 59817 59800 38 35 38 1985 61686 59965 78785 51049 77028 92850 46219 119090 48944 84674 80157 54974 57635 53002 61605 61672 61628 61614 30 28 30 1986 63057 61427 78417 53375 78870 94427 47106 120976 50994 83406 80154 55977 57938 54577 63000 63039 62991 62973 22 23 22 1987 64818 63618 80939 55409 80332 95275 47863 121637 53079 85516 85008 57541 58642 56849 64978 64803 64819 64804 28 31 28 1988 67047 66151 83072 58123 82415 97392 49895 123155 54913 89945 89074 59074 59884 58621 67215 67032 67046 67031 34 34 34 1989 69579 69025 86268 60840 84410 99435 51848 124695 56680 91443 91021 60924 61504 60654 69765 69572 69577 69570 38 38 38 1990 72274 72180 89801 63808 86125 101339 53522 126310 58011 92063 93630 63405 63548 63474 72601 72272 72262 72260 39 41 39 1991 74826 74789 91996 66581 87404 102906 54491 128112 58771 93283 92848 65606 66070 65443 74980 74821 74824 74819 35 33 35 1992 76602 76989 93106 69236 87152 102048 54502 126605 59486 92904 92922 67276 68101 66856 76788 76590 76598 76586 24 24 24 1993 78288 78679 93915 71294 88163 102100 56103 125322 61890 92879 92210 68949 69830 68494 78404 78289 78290 78291 22 21 22 1994 79935 80302 94870 73200 89352 102592 58089 124604 64069 93914 93075 70819 71725 70351 80029 79937 79940 79942 21 21 21
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
196 GDP and Other Major NIPA Series August 2012
Table 2B Real Gross Domestic Product Quantity IndexesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1979 I 46114 42693 39340 44308 37590 37234 33057 94087 21884 52185 23454 18163 55667 60013 53375 46033 46256 II 46158 42668 39008 44584 37503 36945 32958 95449 21621 51211 23516 18261 56255 60755 53869 46031 46358 III 46489 43087 39657 44762 36773 37616 33985 99899 22115 50602 24363 17982 56337 60661 54066 46699 46794 IV 46617 43202 39489 45148 36089 37265 34070 102958 21825 48691 25896 18375 56704 60647 54683 46912 46916
1980 I 46767 43127 39289 45199 35827 36739 34444 104548 22009 44965 26619 18389 57616 62588 54936 47003 47077 II 45809 42148 37670 44894 32595 33543 32696 102253 20527 36646 27120 17054 57795 64162 54218 46081 46076 III 45724 42600 38057 45391 30110 33874 32942 102762 20716 37273 27063 15828 56998 63297 53456 46682 45956 IV 46569 43168 38490 46070 33172 35220 33635 105785 21049 40915 26899 16677 56940 63511 53223 47099 46687
1981 I 47537 43404 39043 45985 36468 35478 34177 105721 21613 40183 27407 17389 57696 64826 53623 47331 47679 II 47158 43404 38731 46289 34732 35712 34866 109705 21813 38821 27555 17416 57825 66761 52596 47425 47273 III 47731 43580 39122 46250 36888 35716 35715 112472 22329 35826 26969 17217 57694 66689 52427 47480 47871 IV 47136 43250 38423 46287 35457 35586 36574 120746 22130 32157 27094 17711 58225 67403 52844 47200 47343
1982 I 46363 43530 38808 46457 31763 34507 35709 116906 21735 30303 25919 17206 58167 67508 52680 47067 46545 II 46614 43686 38799 46762 31735 33301 34432 113096 20906 29347 26075 16925 58506 68120 52846 47047 46860 III 46434 44021 39005 47202 31365 32373 33269 106861 20524 29254 24920 17710 58906 69141 52850 46739 46590 IV 46471 44824 39792 47992 28572 32321 32600 104435 20150 31396 23779 17015 59923 71185 53217 47431 46608
1983 I 47049 45263 40000 48622 29589 33027 31990 100175 20082 36747 24163 17405 60373 72042 53408 47932 47176 II 48106 46162 41179 49243 32445 34302 32381 95420 21114 41100 24236 18743 60889 73574 53279 48611 48257 III 49055 46978 42093 49949 34626 36352 33845 97652 22342 45171 24601 20203 61946 75639 53700 49512 49208 IV 50069 47723 43084 50458 38272 38482 36037 100370 24262 47080 25097 21194 60899 72990 53667 50163 50234
1984 I 51040 48132 43667 50707 42278 39689 37212 106076 24734 48388 25622 22897 61512 73614 54281 50498 51157 II 51921 48820 44641 51134 43704 41321 39062 111401 25957 49283 26259 23857 62838 75924 54984 51424 52034 III 52426 49197 44669 51801 44720 42202 40349 114917 26832 48810 26839 24474 63302 75634 55942 51898 52530 IV 52853 49845 45367 52391 43986 42960 41322 116107 27691 48861 27384 25191 64659 78144 56569 52655 52898
1985 I 53351 50690 46067 53338 42536 43292 41802 121028 27531 48709 27403 24635 65400 78977 57256 53547 53301 II 53803 51152 46488 53822 43270 43836 42397 120962 28166 49098 27304 25846 66867 80904 58439 53955 53773 III 54644 52124 47727 54546 42792 43483 41749 118457 27824 49722 26904 25596 68603 83617 59565 54831 54541 IV 55058 52238 47442 54985 44465 44304 42465 119932 28376 50904 27714 26599 69013 83585 60258 55056 54988
1986 I 55587 52674 48163 55175 44373 44368 41882 116932 28169 53080 28590 26575 69759 83141 61759 55622 55470 II 55811 53235 49019 55487 43389 44262 40834 105913 28574 56026 28901 27707 71242 85792 62514 56042 55605 III 56349 54166 50538 55935 42028 44013 40236 102136 28461 56889 29562 28475 72854 89039 63114 56831 56166 IV 56621 54492 50506 56538 42094 44306 40650 102760 28813 56787 30663 28694 72436 87657 63290 57153 56356
1987 I 56935 54409 49473 57205 43380 43428 39532 100357 27965 56637 30686 28522 72732 88179 63449 57000 56689 II 57540 55138 50421 57748 43440 44205 40479 101537 28804 56886 31904 29234 73192 89403 63446 57760 57338 III 58040 55753 51179 58240 43484 45146 41783 105766 29599 56714 33279 29802 73194 89498 63393 58450 57827 IV 59033 55887 50721 58835 46875 45140 41686 107774 29213 56992 34509 30487 74080 90829 64012 58713 58834
1988 I 59338 56820 51918 59545 44234 45081 42007 103705 30124 55759 36421 30345 73721 88361 64922 59581 59200 II 60100 57233 52188 60060 45310 45963 43039 105858 30919 56201 37429 29996 73914 87461 65773 60299 59929 III 60410 57684 52178 60858 45601 46140 43265 104428 31364 56236 38123 30704 73871 86806 66099 60586 60209 IV 61217 58364 53005 61412 46205 46603 43721 104166 31890 56730 39287 31640 75372 89413 66939 61364 61035
1989 I 61792 58578 53079 61728 47975 47067 44460 105845 32442 56358 40442 31786 74909 87583 67290 61660 61600 II 62254 58840 53378 61958 47415 47131 45092 104650 33297 54689 42202 31937 76069 89554 67965 62259 62048 III 62748 59450 54147 62437 46858 47951 46384 108318 34153 54093 42664 31893 76786 90416 68595 63043 62560 IV 62885 59741 53967 63081 46377 47162 45700 107653 33513 52957 43335 32471 77194 89962 69512 63122 62761
1990 I 63542 60214 54691 63356 46833 47748 46307 110021 33819 53496 45229 33500 78385 91312 70609 63807 63391 II 63794 60412 54105 64146 46846 46644 45507 109482 33032 51438 45843 33444 78501 91421 70730 63834 63652 III 63793 60642 53978 64639 45744 46140 45797 109081 33405 48516 46178 33310 78478 90605 71172 63960 63597 IV 63234 60170 53127 64461 42851 44826 44922 104163 33190 45828 46565 32416 79257 91401 71939 63733 63287
1991 I 62928 59998 52671 64505 41106 43291 43763 101920 32266 43102 46899 32047 79579 92110 72031 63478 62851 II 63353 60456 52966 65076 40900 43226 43343 99143 32224 44120 48587 32617 79857 92371 72317 63935 63155 III 63620 60687 53285 65237 41918 43370 42933 92709 32744 45949 49700 33535 79478 90650 72733 64023 63385 IV 63869 60659 52695 65624 43523 43452 42707 90827 32781 46957 50833 34275 79144 88871 73258 63965 63713
1992 I 64570 61703 53888 66542 42555 43902 42515 89684 32744 49352 51739 34525 79745 88899 74201 64953 64404 II 65256 62068 54163 66969 45358 45628 44201 89690 34575 51240 51741 35092 79651 88810 74106 65418 65080 III 65930 62755 54755 67714 45827 46321 45094 90466 35430 51358 52865 35646 80060 89824 74153 66137 65715 IV 66623 63520 55480 68499 47277 47764 46451 91574 36743 53102 53135 36499 80083 89870 74165 66825 66413
1993 I 66746 63778 55695 68783 48388 48042 46746 89242 37427 53344 53255 37289 79239 87106 74467 66781 66610 II 67173 64390 56587 69188 48768 49117 47990 89101 38816 53972 53907 38060 79180 85876 75107 67341 66965 III 67526 65089 57172 69960 48734 49988 48525 89531 39338 55835 53731 38561 79101 84970 75523 67869 67374 IV 68418 65668 57900 70427 51306 52208 50562 91200 41324 58647 55450 40110 79491 85415 75880 68682 68105
197 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1994 I 69084 66399 58881 70976 53519 52902 51065 87474 42484 59891 55981 41045 78480 82358 76093 69050 68835 II 70029 66892 59404 71441 56639 54174 52097 92472 42818 61875 57827 42574 78810 81893 76899 69631 69732 III 70480 67427 59956 71961 55621 54712 53073 92365 43922 61199 60036 43772 80192 84140 77761 70386 70156 IV 71263 68093 61103 72286 58214 56210 55424 93307 46393 60397 61365 45003 79500 81830 78034 70951 70928
1995 I 71438 68172 60799 72630 58805 57493 57689 95652 48538 59055 62493 45990 79816 81630 78659 71254 71195 II 71591 68731 61209 73287 57224 57275 58089 97565 48660 57157 63354 46427 80083 81307 79279 71675 71373 III 72193 69346 61950 73809 56673 58031 58479 98275 48977 58924 66110 46587 79907 80754 79329 72529 71833 IV 72696 69833 62535 74226 58269 59241 59655 97447 50456 60261 67064 47182 79013 77722 79720 72952 72441
1996 I 73194 70472 63036 74953 59036 60738 61136 99185 51830 61845 67909 48716 79519 79341 79556 73582 72995 II 74460 71269 64265 75451 62094 62713 62893 101358 53442 64457 69047 49806 80661 80472 80706 74636 74167 III 75107 71696 64722 75854 65225 64164 64986 102607 55606 64280 69606 51421 80583 79053 81434 74962 74778 IV 75927 72280 65507 76301 65048 65236 66744 107828 56653 63615 73969 52436 81266 78825 82662 76014 75640
1997 I 76511 73008 66391 76921 66567 66510 68447 108777 58432 63831 75378 54675 81411 77764 83534 76548 76139 II 77646 73304 66340 77443 70817 67943 70146 107813 60580 64638 78363 56511 82116 79142 83832 77157 77338 III 78620 74550 68075 78364 72076 70560 73722 111880 63946 64935 80184 58593 82208 78884 84135 78375 78232 IV 79223 75403 69005 79162 73227 71166 74315 112649 64486 65601 80038 59858 82344 78776 84419 78879 78772
1998 I 79972 76153 69541 80042 76723 73308 76885 111433 67764 66771 80415 62103 81849 76319 85101 79375 79596 II 80691 77463 71369 81018 75805 75863 79699 117435 69840 68778 79488 63526 83628 78419 86686 80716 80286 III 81756 78491 72458 82003 77977 77307 80900 117481 71257 70842 79119 64382 84402 77767 88313 81647 81222 IV 83171 79694 74671 82574 80485 79670 83570 117294 74486 72538 82103 66465 85157 78529 89063 83032 82643
1999 I 83912 80480 75597 83271 83019 81148 85509 116811 76910 72969 81472 68158 85593 78010 90065 83578 83482 II 84568 81747 77386 84213 82729 83047 87906 115395 80111 73755 82409 70330 85950 78009 90636 84619 84178 III 85643 82729 78318 85224 84805 84979 90432 115306 83187 74367 84570 72881 87061 79646 91435 85664 85217 IV 87181 83896 79680 86269 87814 85457 90714 116684 83219 75278 86689 74629 88438 81416 92579 86758 86836
2000 I 87409 85169 80896 87574 86586 87955 94085 118937 86812 75867 88184 77656 87714 78194 93332 87633 87021 II 89114 85969 81340 88591 92581 90167 97556 123869 89896 75349 90688 80023 88884 81324 93347 88669 88743 III 89189 86811 82208 89413 91135 90487 98638 128533 90113 74027 92900 82818 88604 79747 93827 89054 88779 IV 89717 87579 82942 90197 91181 90764 99027 129064 90460 74091 92168 82757 88874 79379 94470 89625 89518
2001 I 89422 87928 83159 90621 86364 90227 98096 125506 90180 74430 90960 81550 90188 81069 95564 90079 89102 II 90009 88260 83398 91006 86084 88816 95517 125954 86853 75477 87991 79121 92061 82805 97518 90477 89755 III 89760 88648 84025 91251 84259 87875 93924 126665 84670 75885 83462 77205 91893 83361 96931 90385 89310 IV 90074 90036 87088 91657 79386 85649 90921 114639 84048 75240 81109 76285 93525 84368 98931 91169 90163
2002 I 90844 90347 86914 92251 82028 84863 88755 108414 82967 77249 82405 78196 94958 86376 100030 91352 90591 II 91327 90806 87328 92738 83018 84535 87330 102546 82740 79143 84641 80837 95870 88372 100302 91611 90915 III 91790 91422 88451 93063 83230 84429 86944 97994 83495 79604 85231 82170 96646 89772 100711 92022 91499 IV 91821 91746 88701 93428 83242 83820 85419 96553 81954 80820 84363 83647 97293 91289 100848 91950 91679
2003 I 92204 92210 89300 93811 83343 83937 85193 95591 81943 81601 83584 82638 97091 91315 100511 92337 91940 II 92986 93123 90947 94312 83865 86121 87543 98449 84144 83454 83313 83817 98534 95718 100201 93396 92830 III 94516 94377 93368 94921 86932 88919 89572 98237 86818 87708 85575 84803 98824 95812 100608 94875 94345 IV 95371 94890 93945 95399 90222 90584 90851 97780 88603 90085 89585 87966 98895 96511 100310 95451 95408
2004 I 95999 95730 94926 96164 90693 90405 90128 97210 87837 90898 91717 90207 99366 97749 100325 95972 96178 II 96617 96155 95138 96707 94634 93193 92565 98337 90666 94318 93154 93828 99730 98304 100575 96384 96580 III 97336 96996 96303 97372 95849 95158 95089 99325 93663 95274 93845 95199 100094 100010 100140 97226 97379 IV 98133 98044 97584 98293 97820 96765 97178 99414 96385 96030 95993 97613 99482 98778 99895 97957 97960
2005 I 99145 98825 98656 98917 99893 97949 98055 101195 96951 97776 97786 98181 99577 99190 99806 98816 99240 II 99586 99803 100017 99689 98113 99692 99498 100812 99015 100050 99885 99265 99685 99286 99922 99858 99588 III 100377 100561 100786 100439 99207 100977 100921 98696 101699 101075 99909 99876 100590 101608 99995 100680 100446 IV 100892 100811 100541 100955 102787 101381 101526 99297 102334 101099 102420 102677 100147 99915 100277 100646 100726
2006 I 102166 101843 102277 101612 104330 103749 105886 103696 106721 100024 106411 104622 101147 102763 100205 102059 102001 II 102581 102457 102633 102362 104183 103277 107797 109068 107314 95488 108200 105792 101232 101887 100851 102420 102370 III 102594 103071 103502 102841 102714 101952 108938 111771 107855 89974 108360 107058 101386 101792 101149 102464 102276 IV 103292 104030 104875 103582 99741 100520 109488 112185 108471 85182 112904 106924 101670 102066 101437 103438 103044
2007 I 103432 104608 105555 104107 98750 100223 111223 115080 109728 81458 114672 108480 101552 100828 101960 103700 103164 II 104362 105010 106055 104457 100953 101096 114118 122401 110781 78890 116571 109019 102401 102582 102288 104399 104153 III 105125 105472 106845 104750 100184 100749 116631 129246 111475 73635 120910 109282 103292 104950 102334 105240 105391 IV 105569 105783 107121 105081 97759 99491 118185 131584 112690 67531 124281 107828 103606 105236 102661 105894 106218
2008 I 105101 105515 105599 105465 94633 97363 117944 131860 112220 62104 125966 108203 104391 107703 102501 105606 105595 II 105447 105478 105719 105344 93176 96078 117269 134869 109945 59721 129793 107511 104838 108996 102473 105988 105947 III 104468 104458 103615 104884 89061 92989 114238 133594 106148 56484 128631 105698 105941 112058 102490 105190 105089 IV 102064 103096 100171 104576 80314 86480 107050 130057 97330 51072 121112 101518 106356 114518 101776 103181 102137
2009 I 100697 102681 100211 103924 69786 79032 98291 118743 89688 45843 111295 91526 106825 113639 102992 102365 100781 II 100618 102224 99684 103494 64480 75092 93667 108062 87704 43058 111460 87652 109307 117333 104794 102521 100681 III 100980 102757 101506 103385 64208 74501 91786 99980 88474 44799 115116 91196 110312 119129 105359 102826 101378 IV 101981 102747 101389 103429 70022 73352 90285 91848 89777 44257 121467 95312 110602 120352 105128 102682 102472
2010 I 102572 103377 102691 103729 73259 73180 90749 86033 92913 42934 123231 97689 109727 120535 103665 102718 103159 II 103142 104042 103531 104310 75792 75696 93411 88731 95582 45223 126079 102286 110498 123355 103292 103280 103902 III 103807 104685 104499 104795 78722 75515 95162 88245 98309 41570 129030 105672 110416 124468 102544 103440 104567 IV 104423 105736 106495 105380 77535 76913 97269 90222 100486 41720 132151 105680 109179 123172 101342 104475 105142
2011 I 104443 106559 107915 105903 76492 76660 96954 83055 103161 41577 134004 106787 107210 119864 100117 104624 105300 II 105084 106812 107655 106412 78778 78942 100297 89561 105120 41994 135352 106816 106985 120681 99317 105258 106022 III 105418 107251 108021 106886 79906 81835 104746 93866 109637 42139 137379 108037 106189 119351 98818 105871 106404 IV 106481 107790 109462 106970 85959 83807 107156 96449 111972 43361 137871 109345 105604 118024 98643 106271 107490
2012 I 106999 108443 110722 107318 87241 85785 109108 99421 113460 45433 139356 110179 104804 116751 98103 106897 107655 II 107408 108843 110922 107817 89029 87074 110536 99638 115439 46502 141176 111785 104425 116647 97574 107222
198 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1929 10593 10517 16312 7786 11298 15049 4650 24602 5275 15659 11318 6389 6924 4809 10362 10580 10614 10601 1930 10184 10073 15445 7563 10836 14344 4402 23616 5161 14177 9651 6192 6617 4675 9935 10172 10226 10213 ndash39 ndash41 ndash39 1931 9172 8995 13318 7031 10022 13354 4027 22385 4672 11155 7799 5880 6566 4395 8960 9162 9169 9159 ndash99 ndash98 ndash99 1932 8129 7934 11477 6352 8854 12089 3495 21113 3808 9675 6252 5352 6253 3956 7918 8120 8097 8088 ndash114 ndash116 ndash114 1933 7916 7652 11384 5953 8709 11882 3531 20284 3756 9674 5992 5511 6321 4096 7700 7908 7880 7872 ndash26 ndash28 ndash26 1934 8303 7999 12506 5876 9145 12297 3543 21428 4169 11218 6807 5929 6755 4420 8068 8296 8313 8306 49 48 49 1935 8468 8194 12834 6006 9188 12424 3708 21239 4109 11503 6920 5979 6834 4451 8226 8461 8482 8475 20 20 20 1936 8561 8268 12883 6103 9279 12404 3702 21206 4310 11891 7404 6159 7463 4432 8328 8553 8573 8565 11 12 11 1937 8876 8570 13347 6330 10084 13443 4206 22419 4728 12681 8263 6290 7584 4541 8651 8866 8944 8934 37 39 37 1938 8708 8376 12808 6336 10221 13548 4126 22959 4877 12095 7636 6303 7713 4505 8478 8697 8684 8673 ndash19 ndash20 ndash19 1939 8599 8295 12616 6319 10166 13404 4081 22717 4910 11932 8014 6201 7568 4441 8389 8586 8599 8586 ndash13 ndash10 ndash13 1940 8674 8365 12728 6369 10423 13712 4147 23325 5057 12942 8549 6129 7270 4480 8450 8661 8700 8687 09 07 09 1941 9239 8883 13770 6594 11193 14614 4438 24809 5524 14130 9029 6507 7651 4781 8988 9226 9285 9271 65 64 65 1942 10000 9989 16045 7059 12272 16154 4951 27285 5935 17073 10342 6539 7506 5284 9709 9984 10014 9998 82 80 82 1943 10562 10907 17888 7500 12808 16675 5381 27428 6424 18676 11132 6645 7577 5675 10253 10544 10556 10537 56 56 56 1944 10815 11534 19078 7845 13239 17011 5500 27955 7048 21035 11693 6559 7444 5895 10486 10795 10807 10787 24 23 24 1945 11091 11995 19950 8101 13658 17446 5744 28427 7524 20862 12021 6633 7512 6090 10764 11072 11093 11074 26 27 26 1946 12369 12831 21473 8593 15061 19298 6433 31118 8169 20164 13403 8213 9584 6654 12081 12353 12410 12394 115 122 116 1947 13743 14132 24057 9220 17688 22449 7798 35253 9784 23413 16058 8875 10168 7466 13414 13727 13755 13739 111 110 111 1948 14522 14932 25478 9706 19198 24383 8675 37794 10606 24661 17451 9218 10074 8346 14192 14506 14526 14510 57 58 57 1949 14515 14818 24887 9872 19572 24948 8645 39253 10747 23190 16633 9482 10503 8418 14210 14497 14499 14481 00 01 ndash01 1950 14628 14996 24968 10125 20006 25459 8753 40238 11012 22583 17667 9488 10442 8494 14373 14610 14656 14638 08 11 08 1951 15635 16016 26981 10624 21733 27902 9761 43656 11801 25515 21353 10118 10898 9365 15402 15614 15712 15690 69 72 69 1952 15976 16345 27241 11012 22264 28534 10021 44539 12125 25670 20580 10321 11005 9768 15709 15954 15982 15960 22 20 22 1953 16178 16563 27117 11440 22449 28790 10217 44647 12212 25598 19696 10429 11080 9958 15881 16157 16174 16153 13 11 13 1954 16342 16704 27016 11728 22619 29066 10093 45718 12261 25250 19965 10650 11337 10123 16059 16321 16322 16301 10 11 10 1955 16576 16772 26857 11930 22989 29462 10295 46151 12516 25466 19858 11093 11947 10320 16280 16557 16601 16582 14 14 14 1956 17148 17108 27314 12217 24341 31782 11176 49581 12835 26318 20208 11716 12562 10981 16831 17128 17170 17150 35 34 34 1957 17749 17628 28168 12574 25187 33406 11655 52392 12868 27316 20438 12234 13125 11456 17400 17727 17741 17720 35 34 35 1958 18157 18043 28809 12882 25249 33570 11468 53415 12836 27039 19589 12602 13663 11608 17779 18136 18139 18118 23 22 23 1959 18363 18314 28957 13229 25488 34011 11530 54395 12875 27094 19766 12653 13564 11851 17987 18344 18355 18336 11 12 11 1960 18620 18615 29184 13580 25624 34165 11516 54845 12962 27474 19955 12809 13677 12066 18235 18601 18612 18592 14 14 14 1961 18830 18810 29294 13826 25543 33970 11446 54544 12983 27892 19955 13065 13908 12357 18428 18811 18821 18802 11 11 11 1962 19087 19032 29444 14089 25559 33975 11537 54274 13003 27961 19720 13398 14202 12743 18670 19069 19078 19060 14 13 14 1963 19290 19254 29689 14305 25485 33971 11636 53975 12901 27898 20102 13690 14506 13028 18887 19273 19281 19264 11 12 11 1964 19589 19536 30013 14572 25640 34142 11801 53952 13003 28128 20526 14070 14995 13293 19191 19572 19580 19563 16 16 16 1965 19945 19819 30328 14845 26077 34532 12143 54001 13372 29023 20812 14444 15379 13662 19524 19929 19936 19920 18 17 18 1966 20511 20322 30996 15276 26626 35047 12580 54144 13857 29900 21297 15044 15914 14334 20071 20495 20502 20486 28 28 28 1967 21142 20834 31542 15785 27372 35939 12973 55344 14339 31045 21379 15671 16386 15137 20654 21126 21133 21116 31 29 31 1968 22040 21645 32642 16467 28472 37203 13621 56831 15100 31723 21704 16520 17287 15945 21526 22024 22031 22015 42 42 43 1969 23130 22626 33907 17324 29877 38740 14518 58411 16144 32796 22270 17517 18226 17013 22582 23112 23119 23101 49 49 49 1970 24349 23685 35200 18285 31162 40571 15473 60560 16666 34053 23587 18945 19699 18411 23798 24331 24338 24320 53 54 53 1971 25567 24692 36258 19284 32731 42479 16664 62360 17632 35310 25035 20421 21383 19720 25021 25549 25554 25537 50 51 50 1972 26670 25536 37186 20102 34135 43914 17863 63112 18703 36956 26789 21989 23471 20896 26134 26652 26657 26639 43 44 43 1973 28148 26913 39404 21077 36020 45605 19247 64184 20359 41816 31446 23594 25080 22495 27647 28134 28136 28121 55 58 56 1974 30695 29716 44322 22866 39568 50008 21910 68917 22460 51517 44989 25977 27315 24970 30484 30674 30690 30669 90 103 90 1975 33606 32198 47903 24834 44525 56893 24534 79100 24547 56781 48734 28586 30158 27410 33328 33584 33591 33570 95 93 95 1976 35535 33966 49777 26556 47106 60048 25741 83754 26124 58645 50201 30469 32302 29114 35238 35518 35519 35502 57 57 58 1977 37796 36171 52435 28558 50803 64157 27973 88730 28759 61033 54624 32583 34742 31005 37617 37780 37783 37767 64 68 64 1978 40447 38705 55653 30777 55094 68453 30675 93412 32281 64752 58482 34670 36888 33042 40286 40432 40435 40419 70 71 70 1979 43811 42137 60916 33350 60088 74013 34238 99335 35902 72545 68483 37575 39727 35976 43833 43795 43798 43782 83 88 83 1980 47817 46663 67737 36802 65710 80541 37421 107819 39789 79903 85301 41669 43900 40002 48448 47794 47791 47769 91 105 91 1981 52326 50833 72769 40555 71816 88316 42567 115524 43036 85810 89886 45768 48165 43975 52909 52306 52270 52251 94 92 94 1982 55514 53640 74753 43709 75747 93181 45927 120030 45340 86204 86855 48775 51434 46786 55906 55493 55459 55438 61 57 61 1983 57705 55948 76102 46429 75628 92350 44757 120284 46380 86544 83601 50717 53218 48857 57865 57687 57652 57635 39 35 40 1984 59874 58065 77541 48846 76070 92127 45147 119234 47713 87347 82879 53319 56358 51034 59904 59856 59817 59800 38 35 38 1985 61686 59965 78785 51049 77028 92850 46219 119090 48944 84674 80157 54974 57635 53002 61605 61672 61628 61614 30 28 30 1986 63057 61427 78417 53375 78870 94427 47106 120976 50994 83406 80154 55977 57938 54577 63000 63039 62991 62973 22 23 22 1987 64818 63618 80939 55409 80332 95275 47863 121637 53079 85516 85008 57541 58642 56849 64978 64803 64819 64804 28 31 28 1988 67047 66151 83072 58123 82415 97392 49895 123155 54913 89945 89074 59074 59884 58621 67215 67032 67046 67031 34 34 34 1989 69579 69025 86268 60840 84410 99435 51848 124695 56680 91443 91021 60924 61504 60654 69765 69572 69577 69570 38 38 38 1990 72274 72180 89801 63808 86125 101339 53522 126310 58011 92063 93630 63405 63548 63474 72601 72272 72262 72260 39 41 39 1991 74826 74789 91996 66581 87404 102906 54491 128112 58771 93283 92848 65606 66070 65443 74980 74821 74824 74819 35 33 35 1992 76602 76989 93106 69236 87152 102048 54502 126605 59486 92904 92922 67276 68101 66856 76788 76590 76598 76586 24 24 24 1993 78288 78679 93915 71294 88163 102100 56103 125322 61890 92879 92210 68949 69830 68494 78404 78289 78290 78291 22 21 22 1994 79935 80302 94870 73200 89352 102592 58089 124604 64069 93914 93075 70819 71725 70351 80029 79937 79940 79942 21 21 21
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
197 August 2012 SURVEY OF CURRENT BUSINESS
Table 2B Real Gross Domestic Product Quantity IndexesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Gross domestic product
Personal consumption expenditures Gross private domestic investment Exports and imports
of goods and services
Government consumption expenditures and gross
investment
Final sales of
domestic product
Gross national product
Total Goods Services Total
Fixed investment
Exports Imports Total Federal State and local Total
Nonresidential
Residential Total Structures
Equipment and
software
1994 I 69084 66399 58881 70976 53519 52902 51065 87474 42484 59891 55981 41045 78480 82358 76093 69050 68835 II 70029 66892 59404 71441 56639 54174 52097 92472 42818 61875 57827 42574 78810 81893 76899 69631 69732 III 70480 67427 59956 71961 55621 54712 53073 92365 43922 61199 60036 43772 80192 84140 77761 70386 70156 IV 71263 68093 61103 72286 58214 56210 55424 93307 46393 60397 61365 45003 79500 81830 78034 70951 70928
1995 I 71438 68172 60799 72630 58805 57493 57689 95652 48538 59055 62493 45990 79816 81630 78659 71254 71195 II 71591 68731 61209 73287 57224 57275 58089 97565 48660 57157 63354 46427 80083 81307 79279 71675 71373 III 72193 69346 61950 73809 56673 58031 58479 98275 48977 58924 66110 46587 79907 80754 79329 72529 71833 IV 72696 69833 62535 74226 58269 59241 59655 97447 50456 60261 67064 47182 79013 77722 79720 72952 72441
1996 I 73194 70472 63036 74953 59036 60738 61136 99185 51830 61845 67909 48716 79519 79341 79556 73582 72995 II 74460 71269 64265 75451 62094 62713 62893 101358 53442 64457 69047 49806 80661 80472 80706 74636 74167 III 75107 71696 64722 75854 65225 64164 64986 102607 55606 64280 69606 51421 80583 79053 81434 74962 74778 IV 75927 72280 65507 76301 65048 65236 66744 107828 56653 63615 73969 52436 81266 78825 82662 76014 75640
1997 I 76511 73008 66391 76921 66567 66510 68447 108777 58432 63831 75378 54675 81411 77764 83534 76548 76139 II 77646 73304 66340 77443 70817 67943 70146 107813 60580 64638 78363 56511 82116 79142 83832 77157 77338 III 78620 74550 68075 78364 72076 70560 73722 111880 63946 64935 80184 58593 82208 78884 84135 78375 78232 IV 79223 75403 69005 79162 73227 71166 74315 112649 64486 65601 80038 59858 82344 78776 84419 78879 78772
1998 I 79972 76153 69541 80042 76723 73308 76885 111433 67764 66771 80415 62103 81849 76319 85101 79375 79596 II 80691 77463 71369 81018 75805 75863 79699 117435 69840 68778 79488 63526 83628 78419 86686 80716 80286 III 81756 78491 72458 82003 77977 77307 80900 117481 71257 70842 79119 64382 84402 77767 88313 81647 81222 IV 83171 79694 74671 82574 80485 79670 83570 117294 74486 72538 82103 66465 85157 78529 89063 83032 82643
1999 I 83912 80480 75597 83271 83019 81148 85509 116811 76910 72969 81472 68158 85593 78010 90065 83578 83482 II 84568 81747 77386 84213 82729 83047 87906 115395 80111 73755 82409 70330 85950 78009 90636 84619 84178 III 85643 82729 78318 85224 84805 84979 90432 115306 83187 74367 84570 72881 87061 79646 91435 85664 85217 IV 87181 83896 79680 86269 87814 85457 90714 116684 83219 75278 86689 74629 88438 81416 92579 86758 86836
2000 I 87409 85169 80896 87574 86586 87955 94085 118937 86812 75867 88184 77656 87714 78194 93332 87633 87021 II 89114 85969 81340 88591 92581 90167 97556 123869 89896 75349 90688 80023 88884 81324 93347 88669 88743 III 89189 86811 82208 89413 91135 90487 98638 128533 90113 74027 92900 82818 88604 79747 93827 89054 88779 IV 89717 87579 82942 90197 91181 90764 99027 129064 90460 74091 92168 82757 88874 79379 94470 89625 89518
2001 I 89422 87928 83159 90621 86364 90227 98096 125506 90180 74430 90960 81550 90188 81069 95564 90079 89102 II 90009 88260 83398 91006 86084 88816 95517 125954 86853 75477 87991 79121 92061 82805 97518 90477 89755 III 89760 88648 84025 91251 84259 87875 93924 126665 84670 75885 83462 77205 91893 83361 96931 90385 89310 IV 90074 90036 87088 91657 79386 85649 90921 114639 84048 75240 81109 76285 93525 84368 98931 91169 90163
2002 I 90844 90347 86914 92251 82028 84863 88755 108414 82967 77249 82405 78196 94958 86376 100030 91352 90591 II 91327 90806 87328 92738 83018 84535 87330 102546 82740 79143 84641 80837 95870 88372 100302 91611 90915 III 91790 91422 88451 93063 83230 84429 86944 97994 83495 79604 85231 82170 96646 89772 100711 92022 91499 IV 91821 91746 88701 93428 83242 83820 85419 96553 81954 80820 84363 83647 97293 91289 100848 91950 91679
2003 I 92204 92210 89300 93811 83343 83937 85193 95591 81943 81601 83584 82638 97091 91315 100511 92337 91940 II 92986 93123 90947 94312 83865 86121 87543 98449 84144 83454 83313 83817 98534 95718 100201 93396 92830 III 94516 94377 93368 94921 86932 88919 89572 98237 86818 87708 85575 84803 98824 95812 100608 94875 94345 IV 95371 94890 93945 95399 90222 90584 90851 97780 88603 90085 89585 87966 98895 96511 100310 95451 95408
2004 I 95999 95730 94926 96164 90693 90405 90128 97210 87837 90898 91717 90207 99366 97749 100325 95972 96178 II 96617 96155 95138 96707 94634 93193 92565 98337 90666 94318 93154 93828 99730 98304 100575 96384 96580 III 97336 96996 96303 97372 95849 95158 95089 99325 93663 95274 93845 95199 100094 100010 100140 97226 97379 IV 98133 98044 97584 98293 97820 96765 97178 99414 96385 96030 95993 97613 99482 98778 99895 97957 97960
2005 I 99145 98825 98656 98917 99893 97949 98055 101195 96951 97776 97786 98181 99577 99190 99806 98816 99240 II 99586 99803 100017 99689 98113 99692 99498 100812 99015 100050 99885 99265 99685 99286 99922 99858 99588 III 100377 100561 100786 100439 99207 100977 100921 98696 101699 101075 99909 99876 100590 101608 99995 100680 100446 IV 100892 100811 100541 100955 102787 101381 101526 99297 102334 101099 102420 102677 100147 99915 100277 100646 100726
2006 I 102166 101843 102277 101612 104330 103749 105886 103696 106721 100024 106411 104622 101147 102763 100205 102059 102001 II 102581 102457 102633 102362 104183 103277 107797 109068 107314 95488 108200 105792 101232 101887 100851 102420 102370 III 102594 103071 103502 102841 102714 101952 108938 111771 107855 89974 108360 107058 101386 101792 101149 102464 102276 IV 103292 104030 104875 103582 99741 100520 109488 112185 108471 85182 112904 106924 101670 102066 101437 103438 103044
2007 I 103432 104608 105555 104107 98750 100223 111223 115080 109728 81458 114672 108480 101552 100828 101960 103700 103164 II 104362 105010 106055 104457 100953 101096 114118 122401 110781 78890 116571 109019 102401 102582 102288 104399 104153 III 105125 105472 106845 104750 100184 100749 116631 129246 111475 73635 120910 109282 103292 104950 102334 105240 105391 IV 105569 105783 107121 105081 97759 99491 118185 131584 112690 67531 124281 107828 103606 105236 102661 105894 106218
2008 I 105101 105515 105599 105465 94633 97363 117944 131860 112220 62104 125966 108203 104391 107703 102501 105606 105595 II 105447 105478 105719 105344 93176 96078 117269 134869 109945 59721 129793 107511 104838 108996 102473 105988 105947 III 104468 104458 103615 104884 89061 92989 114238 133594 106148 56484 128631 105698 105941 112058 102490 105190 105089 IV 102064 103096 100171 104576 80314 86480 107050 130057 97330 51072 121112 101518 106356 114518 101776 103181 102137
2009 I 100697 102681 100211 103924 69786 79032 98291 118743 89688 45843 111295 91526 106825 113639 102992 102365 100781 II 100618 102224 99684 103494 64480 75092 93667 108062 87704 43058 111460 87652 109307 117333 104794 102521 100681 III 100980 102757 101506 103385 64208 74501 91786 99980 88474 44799 115116 91196 110312 119129 105359 102826 101378 IV 101981 102747 101389 103429 70022 73352 90285 91848 89777 44257 121467 95312 110602 120352 105128 102682 102472
2010 I 102572 103377 102691 103729 73259 73180 90749 86033 92913 42934 123231 97689 109727 120535 103665 102718 103159 II 103142 104042 103531 104310 75792 75696 93411 88731 95582 45223 126079 102286 110498 123355 103292 103280 103902 III 103807 104685 104499 104795 78722 75515 95162 88245 98309 41570 129030 105672 110416 124468 102544 103440 104567 IV 104423 105736 106495 105380 77535 76913 97269 90222 100486 41720 132151 105680 109179 123172 101342 104475 105142
2011 I 104443 106559 107915 105903 76492 76660 96954 83055 103161 41577 134004 106787 107210 119864 100117 104624 105300 II 105084 106812 107655 106412 78778 78942 100297 89561 105120 41994 135352 106816 106985 120681 99317 105258 106022 III 105418 107251 108021 106886 79906 81835 104746 93866 109637 42139 137379 108037 106189 119351 98818 105871 106404 IV 106481 107790 109462 106970 85959 83807 107156 96449 111972 43361 137871 109345 105604 118024 98643 106271 107490
2012 I 106999 108443 110722 107318 87241 85785 109108 99421 113460 45433 139356 110179 104804 116751 98103 106897 107655 II 107408 108843 110922 107817 89029 87074 110536 99638 115439 46502 141176 111785 104425 116647 97574 107222
198 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1929 10593 10517 16312 7786 11298 15049 4650 24602 5275 15659 11318 6389 6924 4809 10362 10580 10614 10601 1930 10184 10073 15445 7563 10836 14344 4402 23616 5161 14177 9651 6192 6617 4675 9935 10172 10226 10213 ndash39 ndash41 ndash39 1931 9172 8995 13318 7031 10022 13354 4027 22385 4672 11155 7799 5880 6566 4395 8960 9162 9169 9159 ndash99 ndash98 ndash99 1932 8129 7934 11477 6352 8854 12089 3495 21113 3808 9675 6252 5352 6253 3956 7918 8120 8097 8088 ndash114 ndash116 ndash114 1933 7916 7652 11384 5953 8709 11882 3531 20284 3756 9674 5992 5511 6321 4096 7700 7908 7880 7872 ndash26 ndash28 ndash26 1934 8303 7999 12506 5876 9145 12297 3543 21428 4169 11218 6807 5929 6755 4420 8068 8296 8313 8306 49 48 49 1935 8468 8194 12834 6006 9188 12424 3708 21239 4109 11503 6920 5979 6834 4451 8226 8461 8482 8475 20 20 20 1936 8561 8268 12883 6103 9279 12404 3702 21206 4310 11891 7404 6159 7463 4432 8328 8553 8573 8565 11 12 11 1937 8876 8570 13347 6330 10084 13443 4206 22419 4728 12681 8263 6290 7584 4541 8651 8866 8944 8934 37 39 37 1938 8708 8376 12808 6336 10221 13548 4126 22959 4877 12095 7636 6303 7713 4505 8478 8697 8684 8673 ndash19 ndash20 ndash19 1939 8599 8295 12616 6319 10166 13404 4081 22717 4910 11932 8014 6201 7568 4441 8389 8586 8599 8586 ndash13 ndash10 ndash13 1940 8674 8365 12728 6369 10423 13712 4147 23325 5057 12942 8549 6129 7270 4480 8450 8661 8700 8687 09 07 09 1941 9239 8883 13770 6594 11193 14614 4438 24809 5524 14130 9029 6507 7651 4781 8988 9226 9285 9271 65 64 65 1942 10000 9989 16045 7059 12272 16154 4951 27285 5935 17073 10342 6539 7506 5284 9709 9984 10014 9998 82 80 82 1943 10562 10907 17888 7500 12808 16675 5381 27428 6424 18676 11132 6645 7577 5675 10253 10544 10556 10537 56 56 56 1944 10815 11534 19078 7845 13239 17011 5500 27955 7048 21035 11693 6559 7444 5895 10486 10795 10807 10787 24 23 24 1945 11091 11995 19950 8101 13658 17446 5744 28427 7524 20862 12021 6633 7512 6090 10764 11072 11093 11074 26 27 26 1946 12369 12831 21473 8593 15061 19298 6433 31118 8169 20164 13403 8213 9584 6654 12081 12353 12410 12394 115 122 116 1947 13743 14132 24057 9220 17688 22449 7798 35253 9784 23413 16058 8875 10168 7466 13414 13727 13755 13739 111 110 111 1948 14522 14932 25478 9706 19198 24383 8675 37794 10606 24661 17451 9218 10074 8346 14192 14506 14526 14510 57 58 57 1949 14515 14818 24887 9872 19572 24948 8645 39253 10747 23190 16633 9482 10503 8418 14210 14497 14499 14481 00 01 ndash01 1950 14628 14996 24968 10125 20006 25459 8753 40238 11012 22583 17667 9488 10442 8494 14373 14610 14656 14638 08 11 08 1951 15635 16016 26981 10624 21733 27902 9761 43656 11801 25515 21353 10118 10898 9365 15402 15614 15712 15690 69 72 69 1952 15976 16345 27241 11012 22264 28534 10021 44539 12125 25670 20580 10321 11005 9768 15709 15954 15982 15960 22 20 22 1953 16178 16563 27117 11440 22449 28790 10217 44647 12212 25598 19696 10429 11080 9958 15881 16157 16174 16153 13 11 13 1954 16342 16704 27016 11728 22619 29066 10093 45718 12261 25250 19965 10650 11337 10123 16059 16321 16322 16301 10 11 10 1955 16576 16772 26857 11930 22989 29462 10295 46151 12516 25466 19858 11093 11947 10320 16280 16557 16601 16582 14 14 14 1956 17148 17108 27314 12217 24341 31782 11176 49581 12835 26318 20208 11716 12562 10981 16831 17128 17170 17150 35 34 34 1957 17749 17628 28168 12574 25187 33406 11655 52392 12868 27316 20438 12234 13125 11456 17400 17727 17741 17720 35 34 35 1958 18157 18043 28809 12882 25249 33570 11468 53415 12836 27039 19589 12602 13663 11608 17779 18136 18139 18118 23 22 23 1959 18363 18314 28957 13229 25488 34011 11530 54395 12875 27094 19766 12653 13564 11851 17987 18344 18355 18336 11 12 11 1960 18620 18615 29184 13580 25624 34165 11516 54845 12962 27474 19955 12809 13677 12066 18235 18601 18612 18592 14 14 14 1961 18830 18810 29294 13826 25543 33970 11446 54544 12983 27892 19955 13065 13908 12357 18428 18811 18821 18802 11 11 11 1962 19087 19032 29444 14089 25559 33975 11537 54274 13003 27961 19720 13398 14202 12743 18670 19069 19078 19060 14 13 14 1963 19290 19254 29689 14305 25485 33971 11636 53975 12901 27898 20102 13690 14506 13028 18887 19273 19281 19264 11 12 11 1964 19589 19536 30013 14572 25640 34142 11801 53952 13003 28128 20526 14070 14995 13293 19191 19572 19580 19563 16 16 16 1965 19945 19819 30328 14845 26077 34532 12143 54001 13372 29023 20812 14444 15379 13662 19524 19929 19936 19920 18 17 18 1966 20511 20322 30996 15276 26626 35047 12580 54144 13857 29900 21297 15044 15914 14334 20071 20495 20502 20486 28 28 28 1967 21142 20834 31542 15785 27372 35939 12973 55344 14339 31045 21379 15671 16386 15137 20654 21126 21133 21116 31 29 31 1968 22040 21645 32642 16467 28472 37203 13621 56831 15100 31723 21704 16520 17287 15945 21526 22024 22031 22015 42 42 43 1969 23130 22626 33907 17324 29877 38740 14518 58411 16144 32796 22270 17517 18226 17013 22582 23112 23119 23101 49 49 49 1970 24349 23685 35200 18285 31162 40571 15473 60560 16666 34053 23587 18945 19699 18411 23798 24331 24338 24320 53 54 53 1971 25567 24692 36258 19284 32731 42479 16664 62360 17632 35310 25035 20421 21383 19720 25021 25549 25554 25537 50 51 50 1972 26670 25536 37186 20102 34135 43914 17863 63112 18703 36956 26789 21989 23471 20896 26134 26652 26657 26639 43 44 43 1973 28148 26913 39404 21077 36020 45605 19247 64184 20359 41816 31446 23594 25080 22495 27647 28134 28136 28121 55 58 56 1974 30695 29716 44322 22866 39568 50008 21910 68917 22460 51517 44989 25977 27315 24970 30484 30674 30690 30669 90 103 90 1975 33606 32198 47903 24834 44525 56893 24534 79100 24547 56781 48734 28586 30158 27410 33328 33584 33591 33570 95 93 95 1976 35535 33966 49777 26556 47106 60048 25741 83754 26124 58645 50201 30469 32302 29114 35238 35518 35519 35502 57 57 58 1977 37796 36171 52435 28558 50803 64157 27973 88730 28759 61033 54624 32583 34742 31005 37617 37780 37783 37767 64 68 64 1978 40447 38705 55653 30777 55094 68453 30675 93412 32281 64752 58482 34670 36888 33042 40286 40432 40435 40419 70 71 70 1979 43811 42137 60916 33350 60088 74013 34238 99335 35902 72545 68483 37575 39727 35976 43833 43795 43798 43782 83 88 83 1980 47817 46663 67737 36802 65710 80541 37421 107819 39789 79903 85301 41669 43900 40002 48448 47794 47791 47769 91 105 91 1981 52326 50833 72769 40555 71816 88316 42567 115524 43036 85810 89886 45768 48165 43975 52909 52306 52270 52251 94 92 94 1982 55514 53640 74753 43709 75747 93181 45927 120030 45340 86204 86855 48775 51434 46786 55906 55493 55459 55438 61 57 61 1983 57705 55948 76102 46429 75628 92350 44757 120284 46380 86544 83601 50717 53218 48857 57865 57687 57652 57635 39 35 40 1984 59874 58065 77541 48846 76070 92127 45147 119234 47713 87347 82879 53319 56358 51034 59904 59856 59817 59800 38 35 38 1985 61686 59965 78785 51049 77028 92850 46219 119090 48944 84674 80157 54974 57635 53002 61605 61672 61628 61614 30 28 30 1986 63057 61427 78417 53375 78870 94427 47106 120976 50994 83406 80154 55977 57938 54577 63000 63039 62991 62973 22 23 22 1987 64818 63618 80939 55409 80332 95275 47863 121637 53079 85516 85008 57541 58642 56849 64978 64803 64819 64804 28 31 28 1988 67047 66151 83072 58123 82415 97392 49895 123155 54913 89945 89074 59074 59884 58621 67215 67032 67046 67031 34 34 34 1989 69579 69025 86268 60840 84410 99435 51848 124695 56680 91443 91021 60924 61504 60654 69765 69572 69577 69570 38 38 38 1990 72274 72180 89801 63808 86125 101339 53522 126310 58011 92063 93630 63405 63548 63474 72601 72272 72262 72260 39 41 39 1991 74826 74789 91996 66581 87404 102906 54491 128112 58771 93283 92848 65606 66070 65443 74980 74821 74824 74819 35 33 35 1992 76602 76989 93106 69236 87152 102048 54502 126605 59486 92904 92922 67276 68101 66856 76788 76590 76598 76586 24 24 24 1993 78288 78679 93915 71294 88163 102100 56103 125322 61890 92879 92210 68949 69830 68494 78404 78289 78290 78291 22 21 22 1994 79935 80302 94870 73200 89352 102592 58089 124604 64069 93914 93075 70819 71725 70351 80029 79937 79940 79942 21 21 21
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
198 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1929 10593 10517 16312 7786 11298 15049 4650 24602 5275 15659 11318 6389 6924 4809 10362 10580 10614 10601 1930 10184 10073 15445 7563 10836 14344 4402 23616 5161 14177 9651 6192 6617 4675 9935 10172 10226 10213 ndash39 ndash41 ndash39 1931 9172 8995 13318 7031 10022 13354 4027 22385 4672 11155 7799 5880 6566 4395 8960 9162 9169 9159 ndash99 ndash98 ndash99 1932 8129 7934 11477 6352 8854 12089 3495 21113 3808 9675 6252 5352 6253 3956 7918 8120 8097 8088 ndash114 ndash116 ndash114 1933 7916 7652 11384 5953 8709 11882 3531 20284 3756 9674 5992 5511 6321 4096 7700 7908 7880 7872 ndash26 ndash28 ndash26 1934 8303 7999 12506 5876 9145 12297 3543 21428 4169 11218 6807 5929 6755 4420 8068 8296 8313 8306 49 48 49 1935 8468 8194 12834 6006 9188 12424 3708 21239 4109 11503 6920 5979 6834 4451 8226 8461 8482 8475 20 20 20 1936 8561 8268 12883 6103 9279 12404 3702 21206 4310 11891 7404 6159 7463 4432 8328 8553 8573 8565 11 12 11 1937 8876 8570 13347 6330 10084 13443 4206 22419 4728 12681 8263 6290 7584 4541 8651 8866 8944 8934 37 39 37 1938 8708 8376 12808 6336 10221 13548 4126 22959 4877 12095 7636 6303 7713 4505 8478 8697 8684 8673 ndash19 ndash20 ndash19 1939 8599 8295 12616 6319 10166 13404 4081 22717 4910 11932 8014 6201 7568 4441 8389 8586 8599 8586 ndash13 ndash10 ndash13 1940 8674 8365 12728 6369 10423 13712 4147 23325 5057 12942 8549 6129 7270 4480 8450 8661 8700 8687 09 07 09 1941 9239 8883 13770 6594 11193 14614 4438 24809 5524 14130 9029 6507 7651 4781 8988 9226 9285 9271 65 64 65 1942 10000 9989 16045 7059 12272 16154 4951 27285 5935 17073 10342 6539 7506 5284 9709 9984 10014 9998 82 80 82 1943 10562 10907 17888 7500 12808 16675 5381 27428 6424 18676 11132 6645 7577 5675 10253 10544 10556 10537 56 56 56 1944 10815 11534 19078 7845 13239 17011 5500 27955 7048 21035 11693 6559 7444 5895 10486 10795 10807 10787 24 23 24 1945 11091 11995 19950 8101 13658 17446 5744 28427 7524 20862 12021 6633 7512 6090 10764 11072 11093 11074 26 27 26 1946 12369 12831 21473 8593 15061 19298 6433 31118 8169 20164 13403 8213 9584 6654 12081 12353 12410 12394 115 122 116 1947 13743 14132 24057 9220 17688 22449 7798 35253 9784 23413 16058 8875 10168 7466 13414 13727 13755 13739 111 110 111 1948 14522 14932 25478 9706 19198 24383 8675 37794 10606 24661 17451 9218 10074 8346 14192 14506 14526 14510 57 58 57 1949 14515 14818 24887 9872 19572 24948 8645 39253 10747 23190 16633 9482 10503 8418 14210 14497 14499 14481 00 01 ndash01 1950 14628 14996 24968 10125 20006 25459 8753 40238 11012 22583 17667 9488 10442 8494 14373 14610 14656 14638 08 11 08 1951 15635 16016 26981 10624 21733 27902 9761 43656 11801 25515 21353 10118 10898 9365 15402 15614 15712 15690 69 72 69 1952 15976 16345 27241 11012 22264 28534 10021 44539 12125 25670 20580 10321 11005 9768 15709 15954 15982 15960 22 20 22 1953 16178 16563 27117 11440 22449 28790 10217 44647 12212 25598 19696 10429 11080 9958 15881 16157 16174 16153 13 11 13 1954 16342 16704 27016 11728 22619 29066 10093 45718 12261 25250 19965 10650 11337 10123 16059 16321 16322 16301 10 11 10 1955 16576 16772 26857 11930 22989 29462 10295 46151 12516 25466 19858 11093 11947 10320 16280 16557 16601 16582 14 14 14 1956 17148 17108 27314 12217 24341 31782 11176 49581 12835 26318 20208 11716 12562 10981 16831 17128 17170 17150 35 34 34 1957 17749 17628 28168 12574 25187 33406 11655 52392 12868 27316 20438 12234 13125 11456 17400 17727 17741 17720 35 34 35 1958 18157 18043 28809 12882 25249 33570 11468 53415 12836 27039 19589 12602 13663 11608 17779 18136 18139 18118 23 22 23 1959 18363 18314 28957 13229 25488 34011 11530 54395 12875 27094 19766 12653 13564 11851 17987 18344 18355 18336 11 12 11 1960 18620 18615 29184 13580 25624 34165 11516 54845 12962 27474 19955 12809 13677 12066 18235 18601 18612 18592 14 14 14 1961 18830 18810 29294 13826 25543 33970 11446 54544 12983 27892 19955 13065 13908 12357 18428 18811 18821 18802 11 11 11 1962 19087 19032 29444 14089 25559 33975 11537 54274 13003 27961 19720 13398 14202 12743 18670 19069 19078 19060 14 13 14 1963 19290 19254 29689 14305 25485 33971 11636 53975 12901 27898 20102 13690 14506 13028 18887 19273 19281 19264 11 12 11 1964 19589 19536 30013 14572 25640 34142 11801 53952 13003 28128 20526 14070 14995 13293 19191 19572 19580 19563 16 16 16 1965 19945 19819 30328 14845 26077 34532 12143 54001 13372 29023 20812 14444 15379 13662 19524 19929 19936 19920 18 17 18 1966 20511 20322 30996 15276 26626 35047 12580 54144 13857 29900 21297 15044 15914 14334 20071 20495 20502 20486 28 28 28 1967 21142 20834 31542 15785 27372 35939 12973 55344 14339 31045 21379 15671 16386 15137 20654 21126 21133 21116 31 29 31 1968 22040 21645 32642 16467 28472 37203 13621 56831 15100 31723 21704 16520 17287 15945 21526 22024 22031 22015 42 42 43 1969 23130 22626 33907 17324 29877 38740 14518 58411 16144 32796 22270 17517 18226 17013 22582 23112 23119 23101 49 49 49 1970 24349 23685 35200 18285 31162 40571 15473 60560 16666 34053 23587 18945 19699 18411 23798 24331 24338 24320 53 54 53 1971 25567 24692 36258 19284 32731 42479 16664 62360 17632 35310 25035 20421 21383 19720 25021 25549 25554 25537 50 51 50 1972 26670 25536 37186 20102 34135 43914 17863 63112 18703 36956 26789 21989 23471 20896 26134 26652 26657 26639 43 44 43 1973 28148 26913 39404 21077 36020 45605 19247 64184 20359 41816 31446 23594 25080 22495 27647 28134 28136 28121 55 58 56 1974 30695 29716 44322 22866 39568 50008 21910 68917 22460 51517 44989 25977 27315 24970 30484 30674 30690 30669 90 103 90 1975 33606 32198 47903 24834 44525 56893 24534 79100 24547 56781 48734 28586 30158 27410 33328 33584 33591 33570 95 93 95 1976 35535 33966 49777 26556 47106 60048 25741 83754 26124 58645 50201 30469 32302 29114 35238 35518 35519 35502 57 57 58 1977 37796 36171 52435 28558 50803 64157 27973 88730 28759 61033 54624 32583 34742 31005 37617 37780 37783 37767 64 68 64 1978 40447 38705 55653 30777 55094 68453 30675 93412 32281 64752 58482 34670 36888 33042 40286 40432 40435 40419 70 71 70 1979 43811 42137 60916 33350 60088 74013 34238 99335 35902 72545 68483 37575 39727 35976 43833 43795 43798 43782 83 88 83 1980 47817 46663 67737 36802 65710 80541 37421 107819 39789 79903 85301 41669 43900 40002 48448 47794 47791 47769 91 105 91 1981 52326 50833 72769 40555 71816 88316 42567 115524 43036 85810 89886 45768 48165 43975 52909 52306 52270 52251 94 92 94 1982 55514 53640 74753 43709 75747 93181 45927 120030 45340 86204 86855 48775 51434 46786 55906 55493 55459 55438 61 57 61 1983 57705 55948 76102 46429 75628 92350 44757 120284 46380 86544 83601 50717 53218 48857 57865 57687 57652 57635 39 35 40 1984 59874 58065 77541 48846 76070 92127 45147 119234 47713 87347 82879 53319 56358 51034 59904 59856 59817 59800 38 35 38 1985 61686 59965 78785 51049 77028 92850 46219 119090 48944 84674 80157 54974 57635 53002 61605 61672 61628 61614 30 28 30 1986 63057 61427 78417 53375 78870 94427 47106 120976 50994 83406 80154 55977 57938 54577 63000 63039 62991 62973 22 23 22 1987 64818 63618 80939 55409 80332 95275 47863 121637 53079 85516 85008 57541 58642 56849 64978 64803 64819 64804 28 31 28 1988 67047 66151 83072 58123 82415 97392 49895 123155 54913 89945 89074 59074 59884 58621 67215 67032 67046 67031 34 34 34 1989 69579 69025 86268 60840 84410 99435 51848 124695 56680 91443 91021 60924 61504 60654 69765 69572 69577 69570 38 38 38 1990 72274 72180 89801 63808 86125 101339 53522 126310 58011 92063 93630 63405 63548 63474 72601 72272 72262 72260 39 41 39 1991 74826 74789 91996 66581 87404 102906 54491 128112 58771 93283 92848 65606 66070 65443 74980 74821 74824 74819 35 33 35 1992 76602 76989 93106 69236 87152 102048 54502 126605 59486 92904 92922 67276 68101 66856 76788 76590 76598 76586 24 24 24 1993 78288 78679 93915 71294 88163 102100 56103 125322 61890 92879 92210 68949 69830 68494 78404 78289 78290 78291 22 21 22 1994 79935 80302 94870 73200 89352 102592 58089 124604 64069 93914 93075 70819 71725 70351 80029 79937 79940 79942 21 21 21
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
199 August 2012 SURVEY OF CURRENT BUSINESS
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1995 81602 82078 95757 75365 90393 102811 60601 123163 66403 96070 95625 72753 73717 72252 81743 81608 81606 81611 21 21 21 1996 83154 83864 96809 77473 90149 101612 62141 120199 67828 94799 93958 74488 75763 73806 83220 83161 83159 83166 19 18 19 1997 84627 85433 96696 79812 89921 100326 64516 116639 69557 93174 90691 75854 77047 75219 84468 84629 84628 84630 18 15 18 1998 85580 86246 95237 81689 89085 98125 67480 111454 71412 91042 85809 76879 77931 76320 85034 85578 85584 85581 11 07 11 1999 86840 87636 95735 83509 89029 96704 69559 108195 74151 90477 86311 79337 79886 79036 86377 86837 86842 86840 15 16 15 2000 88724 89818 97655 85818 90083 96750 72298 106893 77415 92069 90027 82513 82524 82482 88537 88722 88723 88720 22 25 22 2001 90731 91530 97563 88422 90888 96317 76087 104364 80994 91696 87824 84764 84201 85019 90198 90729 90727 90725 23 19 23 2002 92192 92778 96563 90801 91261 95889 79292 102240 83002 91322 86846 87003 87318 86810 91498 92187 92196 92191 16 14 16 2003 94134 94658 96492 93686 92374 95471 82174 100450 86953 93282 89851 90650 91024 90425 93584 94130 94135 94131 21 23 21 2004 96784 97121 97929 96688 95543 96837 88441 99900 93297 96539 94164 94531 95335 94062 96415 96780 96786 96782 28 30 28 2005 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 100000 33 37 33 2006 103237 102723 101441 103414 104347 103425 112922 100049 106081 103440 104131 104842 104107 105276 103354 103239 103231 103234 32 34 32 2007 106231 105499 102764 106981 106360 105645 119780 100525 107612 106900 107785 109863 107753 111112 106402 106235 106227 106230 29 29 29 2008 108565 108943 105912 110584 107587 107717 125706 101000 106296 111975 119237 115245 111225 117666 109858 108571 108582 108589 22 32 22 2009 109532 109004 103105 112157 106318 107102 122527 101477 102713 105924 106598 114592 110959 116763 109620 109532 109529 109529 09 ndash02 09 2010 111002 111087 104852 114418 105023 105514 121158 99806 102520 110738 112989 117334 113583 119579 111421 110986 110993 110977 13 16 13 2011 113369 113790 108822 116435 106680 107359 126850 100445 103406 117860 121851 121233 116721 124001 114208 113363 113359 113353 21 25 21
1947 I 13411 13831 23546 9021 16879 21534 7526 33713 9231 21482 14717 8905 10413 7233 13126 13394 13393 13375 II 13607 13941 23773 9071 17540 22223 7622 35133 9743 23073 15753 8923 10347 7357 13280 13591 13598 13582 60 48 60 III 13835 14201 24137 9288 17983 22821 7890 35923 9957 24249 16597 8784 9963 7515 13484 13820 13840 13825 69 63 69 IV 14118 14555 24772 9499 18348 23221 8154 36243 10204 24847 17163 8887 9949 7759 13765 14103 14182 14167 84 86 84
1948 I 14276 14716 25128 9554 18538 23354 8371 36054 10387 25004 17563 9037 9991 8039 13935 14261 14288 14273 46 50 46 II 14434 14869 25397 9648 18949 24028 8601 37113 10499 24870 17623 9117 10002 8206 14103 14419 14405 14390 45 49 45 III 14692 15096 25789 9794 19539 24890 8823 38657 10740 24576 17450 9325 10142 8503 14366 14675 14678 14661 73 77 73 IV 14688 15049 25598 9829 19765 25260 8905 39353 10797 24194 17170 9394 10163 8635 14366 14670 14726 14708 ndash01 00 ndash01
1949 I 14647 14931 25282 9823 19725 25072 8754 39274 10882 23768 16783 9571 10561 8541 14326 14628 14653 14634 ndash11 ndash11 ndash11 II 14553 14840 24996 9843 19696 25030 8633 39490 10869 23326 16609 9501 10547 8404 14242 14535 14503 14485 ndash25 ndash23 ndash25 III 14431 14755 24707 9875 19471 24923 8588 39340 10615 22957 16537 9383 10340 8390 14131 14414 14419 14401 ndash33 ndash31 ndash33 IV 14428 14744 24562 9946 19397 24768 8605 38908 10620 22710 16601 9474 10565 8336 14139 14411 14421 14404 ndash01 02 ndash01
1950 I 14374 14721 24431 9988 19395 24801 8589 39035 10605 22342 16913 9417 10528 8261 14106 14358 14386 14369 ndash15 ndash09 ndash15 II 14433 14791 24567 10025 19713 25040 8562 39697 10878 22386 17272 9370 10378 8322 14173 14417 14433 14417 17 19 17 III 14727 15101 25171 10178 20267 25562 8745 40511 11292 22593 17828 9515 10421 8569 14475 14709 14740 14722 84 88 84 IV 14977 15370 25701 10309 20650 26433 9116 41710 11272 23009 18656 9650 10442 8823 14737 14958 15032 15013 70 74 69
1951 I 15493 15858 26747 10498 21351 27350 9484 43023 11641 24374 20208 10110 11036 9130 15259 15471 15585 15563 145 149 144 II 15582 15984 26976 10574 21672 27815 9716 43560 11776 25263 21295 10029 10790 9289 15356 15561 15688 15666 23 26 23 III 15632 16006 26939 10631 21840 28065 9877 43753 11839 25998 21911 10103 10814 9460 15401 15612 15696 15675 13 12 13 IV 15834 16218 27261 10792 22068 28378 9969 44288 11948 26425 21999 10230 10952 9582 15591 15814 15871 15850 53 50 53
1952 I 15851 16287 27327 10868 22179 28522 10052 44430 12009 25765 21102 10121 10785 9589 15601 15830 15861 15840 04 03 04 II 15919 16284 27169 10954 22286 28599 10018 44707 12113 25685 20760 10269 10957 9703 15659 15897 15886 15864 17 15 17 III 16039 16391 27270 11070 22319 28505 9997 44534 12228 25635 20397 10390 11050 9898 15767 16017 16065 16043 30 28 31 IV 16095 16418 27199 11155 22270 28509 10018 44487 12153 25597 20061 10504 11226 9884 15812 16073 16109 16087 14 11 14
1953 I 16109 16481 27176 11272 22282 28521 10048 44438 12161 25700 19886 10428 11065 9987 15817 16088 16112 16090 03 01 04 II 16147 16506 27098 11359 22399 28737 10190 44592 12175 25655 19692 10447 11106 9956 15848 16125 16142 16121 09 08 09 III 16201 16596 27094 11507 22580 28961 10322 44791 12281 25572 19602 10397 11034 9954 15901 16180 16205 16183 13 13 14 IV 16255 16668 27102 11621 22536 28939 10307 44766 12232 25465 19605 10446 11117 9936 15956 16234 16240 16219 13 14 13
1954 I 16323 16752 27224 11688 22543 29045 10164 45447 12166 25345 19829 10512 11234 9909 16034 16302 16290 16269 17 20 17 II 16348 16730 27121 11710 22638 29193 10062 46147 12200 25254 19920 10609 11265 10137 16064 16327 16301 16280 06 08 06 III 16338 16675 26928 11731 22636 28987 10066 45592 12342 25204 20047 10696 11373 10194 16059 16317 16326 16305 ndash02 ndash01 ndash02 IV 16357 16659 26791 11782 22657 29040 10080 45687 12337 25198 20062 10782 11477 10251 16079 16337 16368 16348 05 05 05
1955 I 16421 16714 26829 11851 22651 28937 10107 45340 12394 25274 19813 10849 11633 10173 16132 16402 16447 16428 16 13 16 II 16511 16731 26805 11894 22809 29110 10189 45551 12498 25384 19826 11038 11925 10212 16218 16493 16513 16494 22 21 22 III 16631 16798 26894 11952 23093 29586 10327 46377 12583 25516 19866 11176 12044 10384 16333 16612 16635 16617 29 29 29 IV 16741 16844 26901 12024 23402 30215 10558 47337 12590 25692 19926 11311 12188 10511 16439 16723 16801 16782 27 26 27
1956 I 16906 16914 26977 12094 23892 31072 11025 48188 12693 25892 19983 11506 12359 10750 16597 16887 16969 16949 40 39 40 II 17065 17028 27178 12164 24149 31331 10990 48962 12887 26161 20138 11688 12571 10898 16751 17045 17068 17048 38 38 38 III 17258 17195 27473 12266 24570 32145 11287 50187 12908 26457 20260 11807 12649 11083 16937 17238 17287 17267 46 45 46 IV 17362 17296 27629 12342 24754 32581 11400 50988 12851 26762 20451 11865 12671 11194 17037 17342 17354 17333 24 24 24
1957 I 17565 17451 27874 12454 24990 33091 11523 51961 12813 27130 20540 12091 12981 11308 17229 17543 17597 17576 48 46 47 II 17686 17562 28088 12513 25103 33272 11667 52003 12845 27335 20554 12202 13056 11475 17342 17665 17717 17695 28 26 28 III 17824 17704 28307 12619 25276 33501 11729 52420 12932 27415 20431 12284 13162 11525 17472 17803 17824 17803 32 30 32 IV 17920 17795 28405 12710 25379 33760 11701 53182 12883 27384 20226 12358 13299 11514 17560 17898 17825 17804 22 20 22
1958 I 18071 18013 28870 12802 25145 33379 11383 53170 12823 27120 19743 12443 13472 11487 17699 18049 18020 17999 34 32 34 II 18149 18045 28883 12846 25248 33565 11455 53444 12837 27011 19538 12569 13620 11588 17770 18128 18072 18051 17 16 18 III 18194 18059 28810 12907 25275 33621 11500 53449 12837 26992 19511 12670 13749 11656 17814 18173 18186 18165 10 10 10 IV 18214 18054 28674 12972 25329 33717 11535 53597 12848 27035 19563 12725 13811 11702 17834 18194 18271 18250 04 04 05
1959 I 18283 18180 28866 13067 25372 33775 11457 53996 12868 26886 19599 12707 13677 11832 17907 18263 18297 18277 15 16 15 II 18325 18252 28901 13162 25468 33967 11522 54305 12877 26920 19695 12669 13594 11850 17952 18306 18314 18295 09 10 09 III 18385 18361 28992 13286 25537 34119 11566 54569 12873 27143 19789 12605 13478 11851 18007 18365 18366 18347 13 12 13 IV 18461 18461 29068 13402 25575 34183 11575 54709 12882 27426 19982 12630 13506 11872 18081 18442 18443 18423 17 17 17
1960 I 18499 18486 29027 13462 25606 34189 11615 54604 12921 27465 19923 12680 13505 11985 18115 18480 18521 18502 08 08 08 II 18577 18582 29172 13536 25656 34221 11545 54897 12970 27420 19917 12727 13543 12042 18193 18558 18579 18560 17 17 17 III 18662 18654 29213 13626 25642 34187 11490 54978 12972 27549 20016 12862 13750 12096 18276 18643 18648 18628 18 18 18 IV 18742 18737 29323 13697 25592 34065 11414 54902 12987 27462 19963 12969 13910 12141 18356 18722 18700 18680 17 18 17
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
200 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment quarter Gross
domestic Gross
domestic Gross
national Gross
domestic Gross
national Gross
domestic Gross
domestic Gross
national Nonresidential
product Total Goods Services Total
Total Strucshytures
Equipshyment and
software
Resishydential Exports Imports Total Federal
State and local
purchases product product product product purchases product
1961 I 18766 18771 29359 13732 25537 34010 11413 54758 12946 27591 19983 12978 13874 12203 18376 18746 18743 18723 05 04 05 II 18802 18770 29238 13793 25556 33978 11435 54599 12997 27957 19962 13048 13908 12318 18398 18783 18785 18765 08 05 08 III 18851 18838 29313 13859 25539 33938 11447 54453 13000 27907 19942 13074 13885 12402 18447 18832 18843 18824 10 11 10 IV 18900 18860 29263 13918 25538 33953 11489 54365 12988 28114 19933 13162 13964 12504 18489 18881 18908 18890 10 09 10
1962 I 19009 18943 29350 14001 25556 33956 11506 54319 13011 28161 19705 13301 14084 12669 18585 18990 19020 19002 23 21 23 II 19057 19010 29417 14069 25576 34000 11544 54318 13009 27894 19737 13350 14129 12726 18643 19039 19047 19029 10 13 10 III 19108 19059 29464 14121 25568 33991 11532 54330 13005 27876 19667 13410 14218 12750 18691 19090 19092 19074 11 10 11 IV 19175 19115 29546 14166 25537 33953 11567 54126 12987 27914 19770 13531 14377 12828 18760 19158 19152 19135 14 15 14
1963 I 19229 19169 29579 14232 25551 33975 11602 54084 12990 27953 19950 13612 14439 12934 18819 19212 19196 19179 11 13 11 II 19248 19197 29582 14273 25505 33955 11625 53967 12939 27914 20037 13654 14458 13006 18843 19231 19233 19216 04 05 04 III 19283 19288 29763 14320 25413 33980 11655 53947 12794 27849 20155 13639 14405 13035 18884 19266 19272 19255 07 09 07 IV 19399 19360 29833 14395 25471 33972 11664 53900 12879 27878 20267 13857 14724 13139 19002 19382 19418 19401 24 25 24
1964 I 19469 19453 29974 14465 25385 33971 11647 53945 12759 27947 20448 13946 14842 13198 19076 19451 19477 19459 15 16 14 II 19534 19498 29965 14538 25611 34132 11780 53983 12965 27939 20551 14007 14900 13264 19146 19517 19529 19512 13 15 14 III 19631 19564 30020 14611 25641 34140 11796 53960 13002 28161 20522 14148 15117 13325 19232 19614 19607 19590 20 18 20 IV 19721 19630 30092 14676 25923 34325 11980 53919 13287 28466 20585 14178 15120 13383 19312 19704 19703 19686 18 17 18
1965 I 19805 19692 30159 14738 25938 34376 12003 53987 13273 29108 20751 14272 15177 13517 19380 19789 19801 19785 17 14 17 II 19893 19791 30334 14800 25992 34463 12090 53968 13290 29011 20663 14336 15228 13596 19466 19877 19887 19871 18 18 18 III 19980 19865 30409 14875 26033 34559 12120 54130 13277 29040 20807 14480 15401 13711 19557 19964 19960 19944 18 19 18 IV 20103 19926 30410 14969 26344 34729 12359 53917 13648 28934 21026 14688 15709 13821 19691 20087 20088 20073 25 28 25
1966 I 20227 20081 30687 15064 26203 34675 12329 53865 13455 29415 21126 14791 15730 14009 19801 20211 20218 20203 25 23 25 II 20418 20246 30910 15203 26659 35015 12600 54015 13945 29659 21349 14916 15746 14247 19990 20402 20391 20375 38 39 38 III 20608 20401 31104 15343 26654 35087 12615 54156 13861 30005 21292 15181 16077 14447 20163 20592 20601 20585 38 35 38 IV 20790 20560 31283 15495 26988 35410 12777 54541 14169 30520 21419 15285 16104 14633 20329 20774 20791 20775 36 33 36
1967 I 20892 20620 31259 15601 27105 35594 12831 54857 14194 31049 21413 15387 16081 14874 20410 20876 20886 20870 20 16 20 II 21020 20718 31333 15714 27233 35779 12901 55133 14243 31008 21359 15559 16271 15029 20535 21004 20997 20981 25 25 25 III 21212 20909 31667 15836 27406 36017 12990 55491 14324 30976 21366 15743 16437 15235 20725 21195 21203 21187 37 38 37 IV 21445 21088 31910 15986 27742 36365 13170 55893 14596 31148 21379 15993 16757 15412 20948 21428 21438 21421 45 44 45
1968 I 21676 21311 32205 16177 28025 36633 13355 56096 14847 31375 21521 16189 16910 15657 21173 21661 21672 21656 44 44 44 II 21918 21528 32479 16370 28294 36992 13523 56557 14984 32021 21684 16388 17120 15847 21395 21902 21899 21883 45 43 45 III 22130 21751 32778 16559 28463 37302 13632 57042 14988 31634 21728 16617 17437 15987 21618 22114 22115 22099 39 42 39 IV 22437 21992 33107 16761 29105 37885 13976 57629 15580 31861 21883 16886 17681 16286 21919 22420 22426 22409 57 57 57
1969 I 22663 22208 33338 16976 29414 38153 14174 57808 15879 32345 21975 17025 17710 16537 22128 22646 22660 22642 41 39 41 II 22966 22493 33738 17207 29733 38506 14408 58111 16112 32400 22070 17320 17971 16869 22426 22948 22952 22934 55 55 54 III 23299 22769 34117 17437 29984 38910 14607 58611 16172 32844 22230 17727 18498 17164 22743 23280 23280 23262 59 58 59 IV 23591 23033 34435 17679 30377 39391 14885 59112 16415 33595 22803 17998 18724 17483 23032 23573 23581 23562 51 52 51
1970 I 23918 23300 34767 17918 30602 39805 15034 59750 16399 33566 23044 18491 19326 17880 23366 23900 23915 23897 57 59 57 II 24261 23558 35051 18167 31294 40494 15504 60308 17011 34222 23308 18797 19551 18263 23690 24243 24247 24229 59 57 59 III 24453 23787 35295 18393 31195 40722 15547 60748 16558 34150 23878 19111 19859 18585 23912 24435 24438 24420 32 38 32 IV 24763 24096 35688 18664 31559 41263 15805 61436 16694 34276 24118 19382 20060 18916 24225 24745 24752 24733 52 53 52
1971 I 25136 24324 35877 18916 32113 41846 16132 62062 17138 35272 24725 19927 20792 19304 24584 25119 25126 25108 62 61 62 II 25473 24601 36218 19166 32576 42352 16499 62423 17487 35359 24811 20296 21212 19632 24915 25455 25455 25437 55 55 55 III 25727 24843 36416 19435 32967 42729 16865 62493 17815 35196 25115 20578 21528 19886 25187 25709 25711 25694 40 44 41 IV 25932 24998 36520 19618 33269 42991 17161 62460 18088 35414 25490 20882 22001 20060 25399 25914 25918 25900 32 34 32
1972 I 26356 25262 36891 19833 33681 43474 17497 62862 18345 36462 25922 21582 23098 20461 25797 26337 26319 26301 67 64 67 II 26508 25409 37008 19997 33897 43793 17714 63139 18427 36748 26593 21798 23284 20702 25974 26491 26475 26457 23 28 24 III 26751 25632 37293 20194 34234 44070 17946 63289 18733 36889 27021 22067 23458 21041 26229 26733 26731 26713 37 40 37 IV 27064 25842 37553 20383 34727 44321 18294 63157 19308 37725 27620 22511 24044 21382 26536 27048 27083 27067 48 48 48
1973 I 27418 26153 38152 20553 35072 44681 18566 63428 19565 38793 28432 22965 24430 21881 26885 27403 27403 27388 53 54 54 II 27875 26658 39032 20877 35686 45304 18963 64049 20048 40533 30671 23384 24804 22330 27391 27861 27828 27813 68 77 69 III 28407 27143 39774 21240 36436 45981 19490 64551 20730 42880 32132 23780 25287 22665 27895 28392 28370 28354 79 76 78 IV 28894 27699 40659 21639 36887 46454 19966 64708 21093 45057 34548 24249 25799 23103 28415 28880 28932 28917 70 77 71
1974 I 29491 28522 42261 22084 37580 47269 20504 65510 21569 48200 40027 24793 26181 23755 29170 29472 29488 29470 85 111 85 II 30151 29330 43666 22607 38668 48761 21399 67134 22073 49854 44616 25499 26743 24556 30006 30130 30192 30172 93 120 92 III 31090 30123 45023 23132 40193 50834 22397 69836 22788 52664 46905 26372 27624 25420 30929 31068 31085 31064 131 129 130 IV 32050 30889 46338 23642 41831 53166 23341 73188 23411 55351 48406 27246 28710 26149 31832 32025 32015 31991 129 122 129
1975 I 32788 31472 47019 24181 43321 55250 24025 76465 24004 56904 49168 27814 29350 26666 32528 32766 32757 32734 95 90 96 II 33265 31861 47379 24583 44354 56691 24461 78796 24427 56738 49296 28318 29765 27226 33019 33243 33245 33222 59 62 60 III 33886 32458 48280 25039 44877 57413 24680 79963 24657 56568 48198 28797 30333 27643 33591 33865 33864 33843 77 71 77 IV 34484 33003 48934 25533 45551 58217 24971 81175 25098 56914 48272 29414 31184 28105 34173 34464 34463 34442 72 71 73
1976 I 34871 33366 49174 25956 46000 58892 25124 82353 25244 57739 49061 29825 31546 28546 34560 34853 34837 34818 46 46 46 II 35238 33645 49337 26292 46792 59614 25576 83112 25984 58370 49812 30236 31913 28983 34934 35221 35208 35190 43 44 43 III 35710 34156 49945 26758 47445 60398 25951 84138 26400 58711 50706 30609 32411 29274 35437 35694 35686 35670 55 59 55 IV 36322 34695 50655 27218 48185 61288 26311 85414 26867 59759 51225 31207 33338 29655 36019 36306 36331 36315 70 67 70
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
August 2012 SURVEY OF CURRENT BUSINESS 201
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashContinues [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1977 I 36933 35316 51456 27756 49244 62581 27145 86772 27510 60441 53022 31830 34060 30209 36698 36915 36943 36925 69 78 69 II 37523 35920 52184 28305 50188 63547 27634 88001 28258 61336 54490 32325 34491 30744 37326 37507 37470 37454 65 70 66 III 38042 36463 52727 28852 51333 64678 28259 89359 29194 61032 55211 32700 34637 31268 37896 38026 37927 37913 56 62 57 IV 38685 36986 53372 29318 52446 65822 28854 90790 30074 61323 55775 33478 35780 31801 38550 38670 38758 38742 69 71 69
1978 I 39324 37601 54100 29884 53448 66763 29474 91779 30960 62524 56709 33902 36127 32275 39178 39307 39326 39309 68 67 68 II 40082 38376 55246 30484 54572 67891 30297 92844 31885 64083 58083 34377 36497 32815 39934 40067 40050 40035 79 79 80 III 40776 39052 56149 31055 55622 68992 31041 93961 32707 65133 59050 34874 36992 33311 40627 40761 40716 40701 71 71 71 IV 41607 39790 57115 31687 56734 70168 31887 95065 33571 67269 60085 35525 37935 33768 41404 41593 41575 41560 84 79 84
1979 I 42370 40536 58495 32133 57931 71690 32776 96822 34231 69249 62431 36231 38482 34574 42204 42356 42318 42303 75 80 75 II 43401 41640 60179 32965 59428 73282 33781 98547 35405 72068 65677 36954 39067 35384 43280 43385 43362 43344 101 106 101 III 44298 42670 61741 33747 60884 74844 34827 100134 36544 73755 70576 38002 39856 36598 44382 44281 44301 44283 85 106 85 IV 45175 43701 63247 34556 62109 76234 35567 101837 37430 75109 75248 39111 41502 37349 45467 45157 45194 45174 82 101 82
1980 I 46165 45008 65512 35416 63544 77918 36182 104363 38412 77321 81523 40044 42259 38393 46717 46144 46144 46125 91 115 90 II 47196 46109 67101 36289 65015 79721 36917 106942 39318 78381 84478 41085 43238 39473 47867 47174 47178 47157 92 102 92 III 48273 47184 68470 37225 66418 81413 37704 109196 40219 80596 86846 42012 43940 40555 48955 48249 48256 48235 94 94 94 IV 49633 48350 69865 38278 67863 83109 38883 110773 41207 83316 88357 43536 46164 41587 50253 49609 49593 49571 118 110 118
1981 I 50937 49604 71592 39310 69688 85485 40552 112961 42108 85392 90621 44625 46952 42887 51577 50916 50851 50831 109 110 110 II 51847 50432 72482 40104 71259 87600 41961 115053 42770 85768 91165 45430 47671 43752 52504 51825 51813 51791 73 74 73 III 52799 51259 73195 40978 72458 89176 43149 116374 43313 85901 88786 45971 48194 44309 53316 52780 52730 52711 75 63 76 IV 53720 52039 73809 41828 73860 91004 44609 117708 43951 86178 88973 47046 49845 44953 54238 53703 53692 53674 72 71 72
1982 I 54477 52693 74228 42581 74867 92212 45576 118551 44599 86691 88708 47787 50531 45735 54952 54457 54421 54402 58 54 57 II 55152 53196 74386 43235 75731 93198 46028 119883 45261 86625 87151 48472 51156 46465 55540 55130 55080 55059 50 43 50 III 55918 54034 75152 44098 76140 93629 46155 120596 45643 86000 86112 49060 51587 47172 56278 55895 55864 55842 57 54 57 IV 56511 54635 75244 44921 76249 93686 45950 121090 45858 85499 85451 49781 52464 47773 56853 56489 56470 56449 43 41 43
1983 I 56995 55107 75248 45598 75889 92987 45162 120967 46079 85859 83654 50103 52758 48117 57205 56975 56929 56909 35 25 35 II 57411 55615 75995 45997 75580 92411 44708 120496 46193 86170 83655 50534 53089 48630 57599 57394 57345 57328 30 28 30 III 57997 56348 76521 46819 75471 92069 44613 119928 46419 86651 83814 50968 53458 49117 58161 57980 57929 57913 41 40 41 IV 58416 56722 76643 47304 75571 91933 44546 119744 46830 87497 83279 51263 53566 49563 58496 58400 58355 58340 29 23 29
1984 I 59141 57332 77258 47908 75646 91852 44598 119501 47111 87607 83528 52645 55719 50332 59222 59125 59096 59079 51 51 51 II 59675 57888 77444 48634 75982 92140 45047 119409 47487 88167 83992 53157 56241 50836 59749 59657 59602 59585 37 36 36 III 60163 58337 77613 49211 76221 92211 45338 119118 47945 87273 82501 53585 56657 51273 60163 60144 60081 60063 33 28 33 IV 60517 58701 77850 49633 76431 92304 45606 118906 48311 86340 81493 53889 56814 51695 60482 60497 60465 60446 24 21 24
1985 I 61209 59325 78347 50314 76660 92513 45953 118801 48557 85397 79544 54577 57553 52346 61060 61187 61136 61114 47 39 46 II 61524 59767 78730 50784 76768 92618 46059 118855 48662 85070 79888 54814 57532 52793 61408 61507 61483 61467 21 23 21 III 61816 60147 78791 51312 77091 92920 46299 119112 48994 84181 79818 54995 57446 53193 61730 61809 61736 61729 19 21 20 IV 62195 60623 79272 51786 77591 93348 46566 119590 49562 84048 81376 55512 58010 53674 62221 62186 62140 62131 25 32 25
1986 I 62511 61061 79013 52551 77948 93513 46760 119651 50157 83608 81527 55591 57867 53933 62563 62498 62456 62444 20 22 20 II 62823 61099 77887 53141 78543 94150 47000 120585 50639 83297 79002 55741 57856 54213 62690 62805 62786 62769 20 08 20 III 63219 61549 78248 53635 79225 94799 47210 121565 51291 82988 79549 56046 57953 54689 63133 63199 63143 63124 25 29 25 IV 63676 61998 78519 54171 79763 95245 47455 122105 51890 83731 80538 56532 58077 55474 63615 63654 63567 63545 29 31 29
1987 I 64177 62739 79884 54615 80018 95248 47467 122086 52436 84099 82616 57007 58473 56014 64244 64159 64160 64142 32 40 32 II 64537 63291 80675 55054 80119 95103 47668 121551 52834 85304 84783 57351 58574 56558 64699 64524 64526 64513 23 29 23 III 65046 63945 81375 55684 80265 94998 47925 121028 53286 85608 85649 57805 58755 57238 65245 65032 65033 65019 32 34 32 IV 65512 64497 81822 56284 80926 95753 48392 121883 53762 87052 86984 58001 58765 57588 65723 65497 65530 65516 29 30 29
1988 I 66039 65049 81942 57037 81650 96607 49151 122567 54246 88059 88216 58502 59460 57933 66276 66023 66068 66053 33 34 33 II 66675 65762 82634 57758 82150 97079 49640 122870 54737 89893 89783 58984 59917 58435 66910 66660 66689 66674 39 39 39 III 67466 66574 83548 58521 82529 97460 50127 123007 55077 91007 88789 59242 59997 58831 67536 67449 67442 67426 48 38 48 IV 68010 67218 84164 59176 83330 98422 50663 124174 55591 90820 89509 59568 60161 59284 68138 67996 67953 67940 33 36 33
1989 I 68720 68027 85060 59942 83745 98820 51095 124413 55991 91702 90940 60326 61184 59841 68893 68708 68723 68710 42 45 43 II 69405 68925 86538 60568 84252 99180 51697 124395 56669 91836 91940 60753 61380 60447 69639 69396 69399 69390 40 44 41 III 69876 69300 86558 61108 84601 99624 52099 124760 56858 91255 90367 61130 61753 60827 70017 69871 69855 69849 27 22 28 IV 70316 69850 86918 61742 85043 100116 52501 125212 57202 90977 90836 61488 61699 61501 70510 70312 70317 70314 25 28 25
1990 I 71170 70908 88514 62547 85514 100572 52942 125554 57675 91086 92241 62384 62619 62381 71465 71168 71166 71164 49 55 50 II 71997 71673 88850 63504 85789 100865 53312 125672 57909 91340 90614 62979 63198 62989 72130 71992 71993 71987 47 38 47 III 72666 72588 90105 64261 86331 101565 53753 126465 58180 92224 93244 63622 63638 63786 72946 72662 72655 72651 38 46 38 IV 73265 73551 91737 64919 86866 102353 54080 127551 58278 93602 98421 64636 64738 64740 73863 73265 73239 73239 33 51 34
1991 I 74049 74021 91682 65620 87501 103250 54562 128666 58444 93896 95408 65131 65599 64961 74371 74047 74026 74025 43 28 43 II 74567 74469 91862 66182 87490 103082 54654 128262 58706 93404 92781 65332 65718 65225 74707 74564 74553 74551 28 18 28 III 75131 75036 92030 66920 87457 102812 54640 127794 59070 92824 91389 65802 66254 65647 75198 75125 75133 75127 31 27 30 IV 75557 75631 92411 67603 87168 102481 54109 127728 58864 93010 91815 66161 66709 65938 75642 75549 75569 75562 23 24 23
1992 I 75984 76223 92518 68400 87009 102354 54108 127501 58671 92900 92250 66621 67526 66145 76115 75972 75954 75942 23 25 23 II 76436 76752 92910 68982 87045 102054 54323 126772 59215 92987 92613 67149 68009 66705 76589 76423 76423 76411 24 25 24 III 76776 77255 93385 69492 87172 101981 54584 126407 59636 92970 93791 67563 68469 67085 77032 76763 76778 76765 18 23 18 IV 77212 77728 93613 70068 87382 101805 54994 125739 60421 92758 93035 67773 68400 67491 77418 77201 77214 77204 23 20 23
1993 I 77687 78102 93782 70528 87840 102088 55392 125880 61114 92799 92471 68312 69047 67953 77838 77682 77677 77673 25 22 25 II 78109 78545 93863 71125 88093 102122 55869 125543 61685 92998 92792 68773 69520 68406 78270 78108 78106 78106 22 22 22 III 78476 78821 93757 71567 88295 102083 56326 125110 62244 92892 91971 69175 70191 68630 78568 78477 78466 78468 19 15 19 IV 78883 79247 94259 71956 88422 102107 56824 124754 62517 92825 91605 69536 70561 68986 78942 78887 78897 78901 21 19 21
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
202 GDP and Other Major NIPA Series August 2012
Table 3 Price Indexes for Gross Domestic Product and Gross Domestic PurchasesmdashTable Ends [Index numbers 2005=100 quarterly estimates are seasonally adjusted]
Year and quarter
Chain-type price indexes Implicit price deflators
Percent change from preceding period for
chain-type price indexes
Gross domestic product
Personal consumption expenditures Private fixed investment
Exports and imports of goods
and services
Government consumption expenditures and gross
investment
Gross domestic
purchases
Gross national product
Gross domestic product
Gross national product
Gross domestic product
Gross domestic
purchases
Gross national product
Total Goods Services Total
Nonresidential
Resishydential Exports Imports Total Federal
State and local Total Strucshy
tures
Equipshyment and
software
1994 I 79318 79561 94159 72451 88919 102433 57267 124953 63240 93252 91560 70069 70978 69597 79331 79320 79311 79314 22 20 22 II 79701 79985 94487 72915 89200 102649 57618 125045 63604 93609 92425 70624 71814 69977 79761 79705 79689 79692 19 22 20 III 80149 80638 95357 73466 89545 102752 58325 124683 64292 94095 93978 71014 71798 70623 80312 80150 80163 80164 23 28 23 IV 80572 81023 95478 73967 89745 102534 59147 123734 65138 94700 94336 71570 72309 71207 80713 80574 80576 80578 21 20 21
1995 I 81054 81461 95591 74548 90111 102631 59853 123396 65942 95734 95117 72158 73157 71633 81178 81057 81038 81042 24 23 24 II 81416 81935 95787 75145 90407 102917 60243 123585 66254 96487 96484 72530 73252 72171 81608 81421 81397 81403 18 21 18 III 81760 82281 95813 75632 90528 102952 60899 123178 66526 96252 95880 72817 73521 72469 81908 81767 81780 81787 17 15 17 IV 82180 82637 95836 76136 90528 102744 61406 122492 66890 95805 95018 73508 74938 72735 82277 82188 82195 82202 21 18 21
1996 I 82625 83121 96474 76548 90236 102144 61466 121492 67138 95620 94814 74323 75968 73425 82711 82632 82670 82678 22 21 22 II 82929 83662 96899 77138 89961 101535 61697 120367 67447 95300 94321 74132 75335 73493 82990 82938 82987 82996 15 14 15 III 83340 84045 96716 77779 90226 101518 62486 119822 68194 94615 93367 74505 75630 73911 83357 83347 83250 83257 20 18 20 IV 83721 84628 97146 78428 90173 101251 62916 119117 68532 93660 93327 74993 76118 74397 83823 83727 83710 83716 18 23 18
1997 I 84147 85065 97259 79013 90028 100842 63525 118069 68879 93422 92615 75509 76846 74795 84189 84151 84251 84256 21 18 20 II 84522 85293 96733 79588 89918 100499 64106 117160 69210 93377 90686 75663 76924 74990 84344 84524 84447 84450 18 07 18 III 84758 85533 96460 80066 89940 100222 64827 116278 69807 93140 90089 75875 77012 75269 84534 84761 84742 84744 11 09 11 IV 85080 85843 96331 80580 89797 99741 65605 115048 70330 92756 89376 76371 77407 75821 84806 85079 85055 85054 15 13 15
1998 I 85207 85884 95581 80992 89328 98931 66531 113240 70530 91829 87170 76444 77683 75785 84760 85205 85198 85197 06 ndash02 06 II 85417 86085 95199 81468 89073 98307 67246 111862 71011 91365 86109 76634 77822 76003 84882 85414 85402 85399 10 06 10 III 85736 86373 95171 81908 88999 97843 67796 110831 71718 90646 84998 77013 78042 76466 85125 85733 85729 85726 15 12 15 IV 85962 86641 94999 82388 88939 97419 68346 109881 72387 90328 84959 77427 78177 77025 85369 85959 85988 85986 11 12 11
1999 I 86326 86914 94898 82844 89068 97264 68829 109395 73096 90168 84730 78185 79179 77659 85706 86323 86371 86368 17 16 17 II 86689 87410 95587 83245 89056 96865 69276 108572 73889 90313 85743 78993 79636 78644 86172 86687 86675 86673 17 22 17 III 86993 87868 96062 83694 88933 96388 69763 107625 74516 90507 86777 79722 80089 79514 86581 86991 86998 86996 14 19 14 IV 87350 88351 96393 84252 89056 96298 70369 107190 75102 90919 87994 80448 80642 80328 87048 87349 87305 87303 17 22 17
2000 I 88015 89140 97154 85052 89615 96522 71213 107097 76397 91487 89605 81576 82080 81299 87852 88012 88000 87997 31 37 31 II 88462 89533 97614 85411 89914 96629 71866 106931 77133 92035 89586 81986 81833 82038 88227 88459 88446 88442 20 17 20 III 88984 90052 97875 86057 90321 96953 72626 107030 77738 92310 90218 82864 82901 82821 88791 88982 88979 88977 24 26 24 IV 89435 90549 97977 86750 90480 96895 73485 106515 78391 92446 90698 83625 83283 83771 89278 89433 89447 89444 20 22 20
2001 I 90052 91183 97965 87703 90443 96374 74521 105238 79446 92442 90289 84268 83661 84548 89811 90049 90054 90051 28 24 28 II 90679 91618 98133 88270 90767 96407 75648 104727 80421 92037 88573 84656 83895 85013 90216 90676 90666 90662 28 18 28 III 90969 91634 97619 88548 91174 96381 76854 104066 81772 91577 87189 84980 84378 85256 90350 90968 90952 90950 13 06 13 IV 91225 91685 96537 89167 91169 96106 77323 103426 82338 90729 85245 85150 84871 85259 90416 91224 91232 91230 11 03 11
2002 I 91555 91896 96089 89713 91127 96127 78054 103116 82164 90528 85073 86064 86909 85602 90725 91551 91555 91551 15 14 14 II 91958 92614 96742 90461 91124 95896 78912 102402 82601 91071 86905 86647 87094 86385 91305 91953 91965 91960 18 26 18 III 92361 93082 96718 91179 91084 95667 79628 101775 82916 91753 87429 87153 87129 87133 91698 92355 92363 92356 18 17 18 IV 92894 93520 96702 91850 91707 95867 80572 101666 84326 91936 87976 88147 88140 88120 92265 92888 92894 92887 23 25 23
2003 I 93548 94192 97317 92551 92221 95625 81545 100923 86229 92832 90473 90122 90630 89822 93152 93544 93543 93538 28 39 29 II 93819 94262 95904 93386 92010 95276 81599 100409 86279 93048 89181 90361 90869 90061 93214 93814 93815 93810 12 03 12 III 94337 94871 96397 94057 92258 95358 82214 100272 86840 93260 89602 90844 91144 90661 93744 94332 94337 94332 22 23 22 IV 94833 95308 96351 94750 93009 95625 83339 100194 88464 93987 90145 91272 91454 91155 94225 94828 94818 94814 21 21 21
2004 I 95640 96095 97193 95509 93953 95923 85083 99920 90544 95157 92152 92767 93996 92053 95168 95637 95643 95639 34 41 35 II 96455 96804 97721 96314 95082 96593 87025 100093 92464 96323 93436 93889 95180 93139 96016 96453 96450 96448 35 36 35 III 97163 97400 97812 97178 96117 97117 89449 99894 94378 96805 94400 95041 95755 94624 96782 97159 97149 97146 30 32 30 IV 97876 98183 98990 97752 97019 97715 92209 99694 95802 97871 96667 96425 96408 96432 97693 97873 97874 97872 30 38 30
2005 I 98784 98765 98874 98706 98167 98811 95042 100157 97026 98931 97475 98167 99173 97578 98571 98781 98776 98774 38 36 38 II 99444 99372 99096 99521 99249 99590 97673 100259 98639 99621 98832 99248 99680 98993 99333 99442 99437 99436 27 31 27 III 100467 100492 100840 100304 100603 100245 101447 99809 101224 100341 100861 100686 100420 100842 100539 100469 100458 100461 42 49 42 IV 101305 101371 101190 101469 101981 101353 105838 99775 103110 101106 102832 101898 100728 102588 101558 101308 101302 101306 34 41 34
2006 I 102055 101794 101090 102173 103113 102156 108823 99809 104892 101834 103235 103232 103101 103307 102259 102059 102055 102060 30 28 30 II 102955 102548 101705 103001 103991 102965 111791 99843 105941 103127 104307 104644 104187 104916 103147 102958 102948 102952 36 35 36 III 103731 103286 102242 103849 104633 103757 113962 100124 106295 104389 105104 105437 104502 105990 103878 103735 103724 103729 30 29 31 IV 104206 103264 100727 104635 105651 104823 117111 100419 107197 104412 103880 106055 104637 106892 104133 104206 104186 104186 18 10 18
2007 I 105396 104267 101510 105758 106267 105429 118548 100713 107791 105305 104558 108223 106849 109033 105275 105400 105380 105382 46 45 47 II 106116 105158 102642 106520 106369 105698 119067 100885 107478 106462 106234 109453 107773 110445 106099 106118 106098 106098 28 32 28 III 106457 105739 102787 107340 106353 105681 120038 100475 107499 107158 108008 110245 107882 111644 106626 106459 106453 106453 13 20 13 IV 106956 106833 104119 108307 106449 105774 121466 100026 107680 108676 112339 111529 108509 113326 107609 106962 106958 106963 19 37 19
2008 I 107623 107852 105356 109211 106687 106261 123025 100070 107250 110731 116791 113673 110488 115571 108703 107632 107591 107600 25 41 25 II 108282 109052 106609 110386 107048 106846 124220 100396 106941 113584 122490 115506 111605 117848 109893 108292 108302 108312 25 45 25 III 109107 110218 108437 111204 107912 108183 126538 101313 106196 115264 125623 116698 112080 119496 110982 109121 109162 109176 31 40 31 IV 109247 108650 103248 111536 108699 109578 129041 102222 104799 108320 112045 115103 110726 117750 109852 109241 109300 109295 05 ndash40 04
2009 I 109526 108063 101386 111614 108076 108975 127259 102166 104065 104936 102932 114342 110956 116349 109188 109522 109539 109534 10 ndash24 10 II 109318 108496 102455 111724 106579 107494 123208 101799 102494 104898 104547 114186 110481 116405 109235 109319 109325 109327 ndash08 02 ndash07 III 109463 109315 103890 112224 105414 106224 120038 101266 101716 106187 107855 114620 110897 116852 109706 109466 109457 109460 05 17 05 IV 109820 110142 104687 113065 105203 105714 119605 100678 102576 107674 111058 115220 111504 117446 110350 109819 109793 109791 13 24 13
2010 I 110234 110642 105025 113647 104784 105188 119968 99799 102573 108972 113200 116555 113016 118654 110920 110229 110216 110210 15 21 15 II 110686 110800 104283 114282 104762 105304 120670 99690 102064 110303 112595 116916 113339 119038 111110 110670 110706 110690 17 07 16 III 111248 111154 104540 114687 105061 105589 121442 99797 102421 110562 111726 117406 113668 119639 111488 111227 111238 111217 20 14 20 IV 111838 111751 105561 115057 105487 105973 122552 99939 103020 113117 114434 118461 114309 120985 112165 111818 111795 111775 21 25 21
2011 I 112389 112640 107266 115503 105866 106483 124097 100134 102861 116123 119417 119964 115696 122565 113099 112379 112372 112362 20 34 20 II 113109 113633 108820 116193 106509 107174 126118 100430 103300 118485 123057 121168 116714 123895 114067 113105 113109 113106 26 35 26 III 113937 114293 109633 116772 106992 107687 127882 100562 103650 118992 122466 121898 117365 124678 114709 113928 113950 113940 30 23 29 IV 114041 114593 109569 117270 107352 108092 129302 100656 103812 117839 122463 121903 117111 124866 114958 114038 113987 113985 04 09 04
2012 I 114608 115300 110256 117989 107661 108562 130167 101001 103439 118652 124156 122979 118038 126042 115674 114609 114599 114600 20 25 20 II 115052 115506 109738 118595 107953 108856 131079 101102 103722 118703 122863 123176 118387 126132 115889 115031 16 07
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
August 2012 SURVEY OF CURRENT BUSINESS 203
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1929 939 511 505 07 57 84 62 107 46 68 05 92 849 17 832 796 36 43 7916 1930 829 469 462 07 39 70 55 74 48 70 05 34 761 16 746 716 29 40 7408 1931 674 398 392 06 30 53 45 28 48 66 05 ndash01 652 10 642 618 24 37 7145 1932 511 311 305 06 18 33 36 ndash03 45 65 06 ndash19 499 07 491 497 ndash05 ndash11 6196 1933 488 296 290 05 22 31 29 ndash03 40 68 05 12 468 08 460 468 ndash08 ndash17 6014 1934 581 343 337 06 26 45 26 24 40 72 05 23 537 09 528 523 05 09 6600 1935 660 374 367 07 49 52 26 39 41 75 05 33 603 11 593 567 25 42 7237 1936 747 429 420 10 39 64 27 60 38 83 05 55 686 13 673 631 42 62 8148 1937 833 480 461 18 56 69 30 69 37 87 05 59 741 19 722 679 43 59 8424 1938 766 450 430 20 40 66 36 48 36 86 04 34 684 19 665 652 13 19 7947 1939 820 481 460 22 40 71 38 64 36 85 04 62 729 15 714 682 32 44 8610 1940 909 522 499 23 41 82 39 96 33 92 05 76 784 17 768 724 43 57 9182 1941 1158 648 621 27 60 106 45 153 33 107 05 107 960 23 937 823 114 122 10558 1942 1495 853 821 32 97 137 55 204 32 112 05 106 1234 49 1185 900 286 241 11872 1943 1842 1096 1058 38 115 167 61 247 29 120 06 115 1521 167 1354 1008 346 255 12420 1944 1980 1213 1167 45 114 180 64 248 24 128 08 115 1660 177 1483 1097 386 260 12865 1945 1983 1233 1175 58 118 190 67 202 23 141 09 93 1716 194 1522 1212 310 204 12697 1946 1986 1196 1120 76 142 215 71 179 19 157 07 158 1786 172 1614 1459 155 96 12588 1947 2163 1301 1231 70 143 201 72 235 25 179 07 207 1909 198 1711 1638 73 42 12114 1948 2426 1420 1356 64 167 225 78 309 26 194 07 235 2097 192 1905 1773 132 69 12764 1949 2375 1419 1347 71 120 226 81 287 29 206 07 194 2070 167 1902 1809 94 49 12847 1950 2639 1553 1473 80 129 246 91 356 32 224 09 253 2289 189 2099 1950 149 71 14009 1951 3038 1814 1716 98 153 273 100 408 37 240 12 222 2579 271 2308 2115 193 84 14422 1952 3213 1962 1856 105 143 288 112 388 41 267 13 208 2752 320 2432 2229 203 84 14890 1953 3386 2102 1990 112 122 298 124 391 47 290 12 214 2917 332 2584 2371 213 82 15612 1954 3387 2092 1973 119 117 305 134 383 56 290 10 217 2943 302 2641 2443 198 75 15823 1955 3720 2257 2122 135 107 335 138 490 62 317 14 278 3160 329 2831 2636 195 69 16893 1956 3949 2445 2290 155 106 353 141 480 69 339 17 285 3395 366 3029 2772 256 85 17715 1957 4133 2575 2400 176 106 373 145 476 80 359 19 277 3585 389 3197 2928 269 84 18145 1958 4156 2595 2413 182 124 378 152 425 95 368 18 240 3689 385 3304 3022 282 85 18321 1959 4535 2810 2598 211 100 403 160 538 96 400 18 10 300 3923 423 3501 3240 261 75 19126 1960 4739 2964 2729 236 106 401 170 531 106 434 19 09 288 4113 461 3652 3389 263 72 19631 1961 4907 3053 2805 248 112 420 177 542 125 450 20 08 287 4288 473 3816 3497 319 84 20298 1962 5289 3271 2994 278 112 441 186 623 142 481 22 09 329 4564 516 4049 3714 335 83 21286 1963 5597 3452 3149 304 110 455 193 683 152 512 27 14 357 4795 546 4250 3918 331 78 22085 1964 6014 3707 3378 329 98 496 194 755 174 545 31 13 409 5143 521 4623 4217 405 88 23676 1965 6522 3995 3638 357 120 519 199 865 196 577 36 13 491 5555 577 4978 4551 427 86 25136 1966 7101 4427 4003 423 130 552 205 925 224 593 35 10 528 6038 664 5374 4931 443 82 26461 1967 7504 4751 4290 461 116 582 209 902 255 641 38 09 506 6481 730 5751 5209 542 94 27622 1968 8212 5243 4720 523 117 625 206 973 271 722 43 12 528 7117 870 6247 5722 525 84 28879 1969 8885 5776 5183 593 128 647 209 945 327 793 49 10 514 7783 1045 6738 6214 525 78 29799 1970 9295 6172 5516 657 129 656 211 825 391 866 45 00 462 8386 1031 7355 6661 694 94 31073 1971 10056 6589 5845 744 134 713 222 961 439 958 43 ndash02 547 9031 1017 8014 7210 804 100 32477 1972 11103 7251 6388 864 170 790 231 1114 479 1013 49 05 659 9926 1236 8690 7915 775 89 34052 1973 12461 8112 7088 1025 291 846 239 1245 552 1120 60 ndash04 850 11105 1324 9781 8752 1029 105 36366 1974 13415 8902 7723 1180 235 900 240 1151 708 1216 71 ndash09 950 12227 1510 10717 9575 1142 107 36086 1975 14440 9491 8148 1343 220 976 234 1333 816 1308 94 ndash32 939 13349 1476 11873 10613 1259 106 36895 1976 16098 10593 8997 1596 172 1150 221 1616 855 1413 95 ndash18 1145 14747 1723 13023 11796 1228 94 38366 1977 17974 11805 9942 1864 160 1301 196 1918 1011 1526 85 ndash27 1361 16325 1975 14350 13097 1253 87 39690 1978 20279 13355 11206 2149 199 1476 209 2184 1150 1620 108 ndash22 1613 18367 2294 16073 14650 1424 89 41546 1979 22483 14983 12533 2450 222 1590 226 2254 1389 1716 133 ndash29 1821 20595 2687 17909 16334 1575 88 42519 1980 24330 16476 13734 2742 117 1618 285 2014 1818 1905 147 ndash51 1664 23015 2989 20027 18064 1963 98 42937 1981 27298 18197 15114 3083 190 1626 365 2233 2323 2242 179 ndash56 1594 25823 3452 22371 20004 2367 106 44079 1982 28514 19196 15875 3321 133 1615 381 2057 2711 2259 206 ndash45 1321 27668 3541 24127 21488 2639 109 45044 1983 30709 20355 16775 3580 62 1845 382 2598 2853 2420 226 ndash32 1534 29522 3523 25998 23729 2269 87 46535 1984 34613 22454 18449 4005 209 2121 400 3186 3271 2687 303 ndash19 1711 32689 3774 28915 25952 2963 102 49869 1985 36963 24117 19826 4292 210 2251 419 3325 3415 2868 352 06 1581 34967 4173 30793 28257 2536 82 51424 1986 38715 25577 21023 4553 228 2397 338 3141 3671 2985 369 09 1363 36960 4372 32588 30124 2465 76 53126 1987 41500 27356 22563 4794 289 2653 342 3678 3667 3173 341 02 1927 39244 4891 34353 32119 2234 65 53999 1988 45223 29542 24398 5144 268 3080 402 4266 3853 3450 336 26 2483 42312 5049 37263 34697 2566 69 56330 1989 48005 31313 25831 5483 330 3186 424 4256 4341 3714 392 49 2444 45575 5661 39914 37264 2650 66 57825 1990 50595 33263 27412 5851 322 3330 498 4344 4442 3980 401 16 2663 48467 5927 42540 39773 2767 65 58936 1991 52179 34383 28145 6239 275 3398 616 4573 4182 4296 399 57 2868 50315 5866 44449 41317 3132 70 59432 1992 55171 36314 29578 6736 358 3791 846 4962 3877 4533 407 82 3257 53473 6105 47367 43887 3481 73 61525 1993 57847 37971 30830 7141 320 4176 1141 5437 3646 4664 405 87 3480 55681 6465 49216 46362 2854 58 62553 1994 61813 39985 32485 7501 356 4495 1429 6282 3622 5127 419 96 4059 58748 6905 51843 49136 2707 52 64560 1995 65223 41952 34344 7608 234 4926 1546 7162 3583 5231 458 131 4665 62009 7439 54570 51708 2863 52 66486 1996 69317 43914 36200 7714 384 5452 1704 8015 3711 5455 538 144 5093 65916 8320 57596 54785 2811 49 68678 1997 74060 46656 38736 7920 326 5956 1765 8848 4076 5778 513 141 5563 70007 9262 60746 57942 2804 46 71104 1998 78756 50232 41809 8423 289 6587 1915 8124 4793 6031 652 133 4745 75254 10264 64989 61575 3415 53 75354 1999 83580 53539 44652 8888 285 7183 2082 8563 4814 6284 690 141 5217 79108 11075 68033 65955 2078 31 77631
See the footnotes at the end of the table
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
204 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
2000 89389 57888 48277 9612 296 7878 2153 8192 5393 6627 870 91 5074 85594 12323 73272 71141 2131 29 81578 2001 91852 59793 49522 10271 305 8402 2324 7842 5444 6690 1013 40 5094 88833 12348 76485 74435 2049 27 83562 2002 94085 61108 49973 11135 185 8718 2187 8722 5064 7214 824 63 5730 90601 10504 80097 77275 2822 35 86332 2003 98402 63826 51546 12280 365 8941 2042 9778 5041 7577 761 70 6597 93781 10003 83778 80881 2896 35 88505 2004 105340 66934 54107 12827 497 9841 1984 12469 4616 8170 817 12 9233 99372 10478 88894 85712 3182 36 91529 2005 112738 70650 57060 13591 439 10259 1782 14561 5430 8693 959 ndash35 12278 104859 12086 92773 91341 1432 15 92773 2006 120312 74770 60701 14069 293 11036 1465 16083 6522 9355 830 ndash42 13495 112681 13524 99157 96591 2566 26 96528 2007 123964 78559 64155 14404 378 10526 1437 15106 7316 9726 1033 ndash118 12929 119123 14887 104236 101749 2487 24 98803 2008 126091 80683 65459 15225 518 10461 2316 12484 8701 9857 1230 ndash160 10509 124602 14357 110245 104322 5923 54 101195 2009 121326 77994 62753 15240 399 9395 2897 13423 6405 9635 1334 ndash156 11711 118670 11446 107224 102143 5082 47 98367 2010 128114 79700 64046 15654 443 10591 3492 17024 5679 9980 1400 ndash195 14430 123219 11948 111271 105604 5667 51 100165 2011 133589 82952 66613 16339 546 11028 4097 18270 5274 10362 1326 ndash265 14751 129473 13980 115493 110599 4894 42 101497
1947 I 2118 1272 1197 75 160 206 69 207 23 174 07 212 1875 192 1683 1581 102 61 12181 II 2127 1287 1215 72 124 200 71 239 24 175 07 200 1855 195 1661 1619 42 25 11921 III 2161 1301 1234 66 141 197 73 238 26 179 07 198 1936 197 1738 1656 83 48 12251 IV 2246 1343 1278 65 149 203 75 255 26 189 07 217 1969 208 1761 1697 64 36 12107
1948 I 2330 1379 1314 65 145 215 76 294 25 188 07 229 2021 212 1809 1727 83 46 12305 II 2418 1396 1332 64 180 224 78 312 26 196 07 241 2081 189 1892 1765 127 67 12734 III 2469 1445 1381 64 179 230 79 307 26 196 07 238 2142 182 1959 1795 165 84 12987 IV 2487 1459 1395 64 164 232 79 323 26 196 07 230 2143 184 1959 1804 155 79 13023
1949 I 2415 1441 1370 71 127 227 78 307 27 200 07 210 2082 178 1904 1792 111 58 12756 II 2371 1419 1346 72 121 227 79 283 28 207 07 186 2068 170 1898 1810 88 47 12795 III 2375 1410 1339 71 116 225 82 295 29 210 07 192 2061 163 1898 1804 94 50 12871 IV 2339 1405 1334 70 115 227 84 262 30 209 08 188 2068 158 1910 1830 80 42 12964
1950 I 2436 1446 1371 75 122 234 87 298 31 211 07 193 2215 166 2049 1857 191 93 13928 II 2552 1506 1429 78 122 240 90 334 32 219 08 231 2223 176 2047 1897 150 73 13853 III 2728 1590 1508 82 131 256 91 381 32 239 09 280 2311 189 2122 2036 87 41 14067 IV 2838 1669 1583 86 139 255 94 413 32 226 10 308 2405 225 2180 2011 169 78 14197
1951 I 2955 1750 1655 94 150 270 96 402 34 242 11 256 2495 244 2251 2124 127 56 14202 II 3011 1806 1708 97 154 270 99 402 36 232 12 218 2568 264 2304 2081 223 97 14423 III 3062 1837 1738 99 151 275 102 407 38 239 12 199 2600 278 2322 2108 214 92 14516 IV 3123 1865 1762 102 157 279 105 421 38 246 13 216 2653 296 2357 2148 209 89 14543
1952 I 3143 1915 1812 103 137 281 107 395 39 256 13 209 2674 309 2365 2162 203 86 14532 II 3160 1928 1824 104 145 285 110 374 40 265 13 200 2713 318 2394 2205 190 79 14715 III 3217 1963 1857 106 160 288 113 371 41 269 12 202 2781 323 2458 2232 226 92 15008 IV 3329 2041 1933 108 130 295 116 413 42 278 12 222 2841 331 2511 2315 195 78 15303
1953 I 3390 2080 1969 111 130 300 119 420 45 284 13 229 2888 334 2554 2353 201 79 15508 II 3420 2113 2001 113 124 299 122 412 46 291 13 228 2928 334 2593 2373 220 85 15721 III 3408 2115 2003 112 117 298 125 402 48 290 12 223 2929 332 2597 2382 215 83 15658 IV 3327 2100 1987 113 115 298 128 331 50 294 11 175 2921 329 2592 2377 215 83 15559
1954 I 3345 2081 1964 117 129 297 131 355 52 290 10 201 2922 302 2620 2397 223 85 15649 II 3348 2077 1960 117 117 303 133 368 55 286 10 208 2918 300 2618 2425 193 74 15658 III 3383 2083 1963 119 118 305 135 387 57 289 10 221 2939 300 2639 2452 187 71 15834 IV 3473 2126 2004 122 107 315 136 424 60 296 10 238 2993 305 2689 2499 190 71 16149
1955 I 3593 2171 2042 129 109 325 137 475 61 304 12 270 3051 314 2737 2563 174 64 16388 II 3694 2236 2103 133 113 332 137 487 63 313 13 274 3130 324 2806 2617 190 68 16783 III 3764 2286 2147 139 107 340 138 494 62 323 15 280 3204 334 2870 2661 209 73 17100 IV 3829 2336 2195 141 100 346 139 504 63 327 16 291 3254 342 2912 2703 209 72 17298
1956 I 3866 2380 2233 148 102 347 140 484 66 331 17 282 3308 354 2954 2721 233 79 17476 II 3921 2426 2275 151 104 351 140 482 68 334 17 289 3366 362 3003 2749 254 85 17650 III 3963 2457 2300 158 109 353 141 474 71 341 18 276 3415 369 3046 2782 263 86 17724 IV 4045 2516 2354 162 109 360 142 481 70 349 18 292 3491 379 3112 2837 275 89 18007
1957 I 4111 2553 2383 171 99 370 143 497 77 353 19 295 3531 386 3146 2883 263 84 18037 II 4134 2570 2396 174 105 373 144 485 80 358 19 282 3576 390 3187 2906 280 88 18159 III 4174 2597 2418 178 110 376 145 480 82 364 19 276 3620 392 3228 2953 275 85 18244 IV 4115 2581 2401 181 107 372 147 443 82 362 19 253 3614 388 3226 2970 256 79 18141
1958 I 4060 2552 2374 179 133 370 150 384 90 362 19 216 3620 382 3238 2966 272 84 17987 II 4075 2548 2369 179 130 374 152 392 95 365 18 220 3642 377 3265 2994 271 83 18106 III 4179 2609 2426 183 121 379 153 433 98 368 18 245 3725 389 3335 3044 291 87 18480 IV 4310 2672 2484 188 112 388 154 490 99 378 17 279 3770 394 3376 3083 293 87 18714
1959 I 4427 2745 2540 205 109 393 154 526 88 386 17 09 298 3834 408 3426 3160 267 78 18859 II 4573 2816 2606 211 99 405 159 576 98 394 18 09 325 3920 420 3500 3222 278 79 19188 III 4542 2823 2609 214 94 408 163 523 98 406 18 10 292 3941 427 3515 3276 238 68 19154 IV 4598 2855 2639 216 101 405 165 528 101 414 18 11 286 3999 437 3561 3300 261 73 19303
1960 I 4735 2941 2708 233 96 403 167 570 102 427 18 10 315 4064 453 3611 3337 274 76 19545 II 4738 2969 2734 235 106 402 169 532 101 431 18 10 292 4110 460 3649 3398 252 69 19653 III 4751 2976 2740 237 110 399 170 523 107 438 19 09 279 4132 465 3667 3399 267 73 19668 IV 4733 2971 2733 238 113 398 172 499 112 441 19 09 268 4145 464 3681 3420 261 71 19657
1961 I 4753 2980 2738 242 115 408 174 489 116 442 20 08 262 4186 465 3721 3426 295 79 19836 II 4849 3022 2776 246 109 417 176 532 122 445 20 08 276 4246 469 3777 3476 301 80 20134 III 4943 3072 2823 249 110 423 178 554 126 451 20 08 293 4316 474 3842 3506 337 88 20409 IV 5082 3138 2884 254 115 430 181 593 134 461 21 10 316 4404 481 3922 3580 343 87 20811
1962 I 5190 3204 2933 272 119 434 183 617 131 471 22 09 322 4471 494 3977 3633 344 86 21008 II 5256 3264 2987 276 111 440 185 610 141 475 22 09 322 4545 509 4035 3692 344 85 21242 III 5317 3292 3012 280 107 445 187 622 146 487 23 09 332 4591 523 4068 3733 335 82 21360 IV 5392 3326 3042 284 113 444 189 645 150 491 23 09 340 4650 536 4114 3798 316 77 21537
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
August 2012 SURVEY OF CURRENT BUSINESS 205
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1963 I 5458 3375 3080 295 114 446 191 647 146 500 26 13 336 4701 541 4160 3836 324 78 21716 II 5553 3424 3124 300 108 451 193 681 148 508 26 13 355 4748 543 4205 3880 325 77 21921 III 5638 3474 3168 306 107 457 195 695 153 516 27 14 364 4819 546 4273 3954 319 75 22168 IV 5741 3536 3222 313 111 466 194 710 158 523 28 15 374 4912 552 4360 4003 357 82 22535
1964 I 5865 3600 3282 318 99 482 194 752 166 529 29 14 406 5006 538 4468 4101 367 82 22986 II 5962 3674 3348 325 95 495 194 751 171 539 29 14 405 5098 497 4600 4184 416 90 23611 III 6076 3747 3414 333 93 503 195 763 179 552 33 11 416 5191 516 4676 4277 398 85 23916 IV 6155 3807 3467 340 104 503 194 754 181 561 34 15 410 5278 532 4746 4305 440 93 24193
1965 I 6338 3873 3528 345 114 507 197 833 190 573 36 14 468 5384 570 4814 4413 401 83 24463 II 6448 3941 3589 352 120 514 199 854 195 574 36 15 485 5476 584 4892 4488 404 83 24734 III 6558 4023 3662 361 122 520 201 867 200 575 36 13 491 5615 570 5045 4582 463 92 25414 IV 6744 4143 3771 372 125 534 201 907 200 587 36 12 519 5746 583 5163 4723 440 85 25928
1966 I 6941 4267 3858 409 149 546 205 939 211 578 36 11 531 5867 615 5252 4829 423 81 26173 II 7038 4378 3959 419 127 549 204 928 219 589 35 10 533 5963 656 5308 4883 425 80 26235 III 7151 4490 4061 428 123 554 206 911 227 597 35 08 529 6095 679 5416 4977 439 81 26566 IV 7275 4571 4135 437 122 561 206 924 238 607 35 10 519 6226 706 5521 5037 484 88 26869
1967 I 7336 4633 4188 444 119 572 208 896 247 616 36 09 496 6331 712 5620 5083 537 96 27272 II 7405 4690 4236 454 111 577 209 885 255 630 37 11 496 6402 709 5692 5179 513 90 27496 III 7559 4787 4320 466 120 590 210 897 258 651 38 10 506 6538 738 5800 5250 550 95 27759 IV 7716 4897 4416 481 115 589 209 929 262 669 39 07 529 6651 759 5892 5326 566 96 27962
1968 I 7922 5045 4542 503 116 605 206 939 266 693 41 12 515 6843 786 6058 5509 549 91 28449 II 8130 5176 4659 517 112 622 206 977 270 712 43 12 526 7038 817 6221 5651 570 92 28922 III 8316 5314 4783 531 118 635 207 979 271 735 44 12 528 7217 919 6298 5818 480 76 28980 IV 8480 5438 4894 544 120 640 206 994 277 749 46 11 543 7369 959 6410 5911 499 78 29171
1969 I 8649 5559 4991 568 116 647 208 994 305 762 49 09 538 7510 1026 6484 6038 446 69 29220 II 8810 5698 5114 584 125 650 209 964 321 784 50 10 521 7691 1057 6634 6159 475 72 29516 III 8996 5866 5264 601 131 651 210 936 337 805 50 10 504 7894 1041 6852 6266 586 86 30116 IV 9084 5982 5365 618 141 639 209 885 346 821 50 12 494 8039 1056 6982 6391 591 85 30335
1970 I 9127 6086 5451 635 135 641 209 806 360 837 48 05 469 8144 1046 7098 6505 593 84 30486 II 9244 6142 5491 651 124 647 206 844 381 857 46 ndash03 466 8358 1055 7303 6608 695 95 31020 III 9398 6222 5557 664 132 660 212 846 405 878 44 ndash01 473 8480 1007 7474 6730 744 99 31440 IV 9411 6239 5563 676 125 674 215 804 419 893 43 ndash02 443 8561 1015 7546 6800 746 99 31337
1971 I 9766 6416 5702 714 131 680 215 927 431 929 43 ndash06 508 8752 983 7768 6994 774 100 31959 II 9964 6537 5803 734 133 705 220 946 440 941 43 00 529 8982 1007 7974 7139 835 105 32439 III 10139 6641 5888 753 130 724 224 967 441 972 43 ndash03 566 9111 1023 8088 7269 819 101 32583 IV 10356 6763 5990 773 142 743 228 1002 443 991 44 ndash02 586 9279 1055 8225 7437 788 96 32927
1972 I 10678 7011 6180 832 131 756 235 1062 452 985 47 00 626 9561 1198 8364 7615 749 90 33135 II 10886 7158 6305 853 154 767 205 1079 465 1006 48 04 633 9725 1234 8491 7806 685 81 33446 III 11188 7297 6424 873 172 794 243 1121 489 1017 50 05 660 9984 1243 8741 7995 747 85 34130 IV 11661 7539 6643 897 224 843 243 1195 511 1044 52 10 716 10435 1271 9164 8246 918 100 35488
1973 I 12036 7817 6834 983 218 842 242 1260 513 1087 57 01 823 10644 1264 9380 8495 885 94 35891 II 12286 8008 7001 1007 276 841 241 1228 528 1105 61 ndash03 843 10948 1292 9656 8656 1000 104 36245 III 12565 8199 7162 1037 295 849 231 1232 568 1137 59 ndash05 849 11223 1341 9882 8845 1037 105 36428 IV 12956 8425 7354 1071 375 850 241 1260 600 1151 61 ndash08 885 11607 1400 10208 9012 1195 117 36872
1974 I 13076 8607 7482 1125 286 876 244 1188 644 1173 66 ndash07 932 11778 1428 10350 9183 1167 113 36306 II 13287 8814 7653 1161 201 892 238 1174 691 1212 69 ndash02 954 12041 1489 10552 9473 1078 102 35995 III 13572 9031 7831 1200 215 919 241 1141 724 1239 73 ndash11 1013 12419 1549 10870 9769 1101 101 36107 IV 13723 9158 7925 1233 237 914 239 1103 773 1241 77 ndash18 899 12671 1576 11096 9875 1221 110 35944
1975 I 13797 9195 7919 1276 197 937 237 1118 807 1246 87 ndash28 797 12839 1580 11259 10150 1109 98 35803 II 14112 9317 8004 1314 201 954 235 1245 808 1287 95 ndash30 857 13140 1211 11930 10440 1490 125 37475 III 14703 9577 8213 1364 238 987 233 1448 822 1336 97 ndash36 1020 13517 1528 11988 10785 1203 100 36969 IV 15149 9876 8458 1419 243 1026 229 1522 828 1362 98 ndash36 1081 13899 1585 12313 11077 1236 100 37343
1976 I 15648 10224 8712 1511 194 1082 226 1649 825 1365 99 ndash17 1130 14254 1621 12633 11412 1221 97 37893 II 15914 10461 8894 1568 170 1130 217 1603 852 1400 98 ndash18 1144 14534 1690 12844 11610 1234 96 38205 III 16242 10708 9084 1624 161 1177 219 1609 866 1426 94 ndash18 1153 14914 1758 13157 11908 1249 95 38549 IV 16587 10981 9299 1681 163 1212 220 1604 879 1459 89 ndash20 1151 15284 1824 13461 12252 1209 90 38826
1977 I 17044 11270 9500 1770 160 1246 209 1703 905 1490 85 ndash23 1267 15599 1884 13714 12620 1095 80 38858 II 17742 11644 9809 1835 141 1279 199 1915 986 1522 82 ndash25 1355 16061 1953 14108 12910 1198 85 39300 III 18314 11969 10075 1894 118 1319 190 2062 1051 1551 84 ndash30 1413 16518 1982 14536 13232 1304 90 39890 IV 18797 12337 10382 1956 220 1360 187 1995 1101 1540 87 ndash30 1408 17122 2081 15041 13625 1416 94 40694
1978 I 19174 12697 10642 2055 185 1399 204 1925 1113 1582 98 ndash30 1441 17503 2117 15386 13941 1444 94 40945 II 20126 13179 11060 2120 209 1472 198 2202 1139 1647 105 ndash25 1606 18111 2228 15882 14534 1349 85 41415 III 20590 13548 11371 2177 208 1505 214 2251 1153 1614 112 ndash16 1652 18654 2360 16293 14859 1435 88 41751 IV 21226 13993 11750 2243 195 1527 219 2359 1196 1635 118 ndash18 1752 19201 2470 16732 15264 1468 88 42079
1979 I 21774 14435 12084 2351 238 1554 234 2261 1266 1681 128 ndash21 1762 19767 2534 17233 15628 1605 93 42539 II 22168 14752 12340 2412 218 1574 211 2280 1328 1697 132 ndash26 1830 20197 2618 17579 16045 1534 87 42242 III 22701 15162 12682 2481 223 1603 212 2262 1408 1728 136 ndash32 1868 20864 2746 18118 16605 1513 84 42483 IV 23288 15582 13027 2555 208 1628 248 2211 1554 1757 137 ndash37 1825 21554 2850 18704 17058 1646 88 42823
See the footnotes at the end of the table
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
206 GDP and Other Major NIPA Series August 2012
Table 4 National Income and Disposition of Personal IncomemdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1980 I 23741 15990 13349 2641 133 1552 286 2165 1713 1803 139 ndash41 1828 22160 2842 19318 17582 1736 90 42943 II 23677 16213 13510 2703 31 1591 241 1863 1769 1873 141 ndash46 1537 22429 2915 19514 17601 1913 98 42342 III 24302 16535 13766 2769 117 1640 250 1926 1801 1942 145 ndash55 1621 23190 3015 20175 18184 1991 99 42778 IV 25599 17165 14312 2853 187 1687 363 2102 1990 2003 165 ndash62 1669 24282 3182 21100 18887 2213 105 43661
1981 I 26490 17689 14691 2998 176 1725 362 2210 2019 2203 172 ndash65 1687 24876 3303 21574 19490 2083 97 43561 II 26908 18019 14962 3057 182 1597 351 2172 2214 2248 174 ndash49 1554 25357 3421 21936 19831 2105 96 43567 III 27842 18400 15287 3113 233 1609 357 2354 2510 2263 182 ndash66 1589 26353 3563 22791 20259 2532 111 44533 IV 27954 18679 15515 3164 170 1572 388 2196 2551 2253 188 ndash43 1545 26704 3520 23184 20434 2750 119 44623
1982 I 28019 18918 15672 3246 144 1532 395 1973 2664 2234 200 ndash42 1340 27023 3519 23504 20849 2656 113 44675 II 28512 19111 15809 3302 128 1603 362 2116 2783 2247 206 ndash42 1355 27485 3591 23894 21148 2746 115 44988 III 28691 19308 15961 3348 119 1625 380 2101 2714 2287 208 ndash52 1317 27871 3495 24376 21655 2721 112 45185 IV 28834 19448 16059 3389 142 1701 385 2039 2684 2269 210 ndash43 1273 28292 3559 24733 22299 2434 98 45344
1983 I 29466 19727 16231 3497 129 1751 376 2252 2748 2308 212 ndash37 1310 28646 3503 25143 22723 2420 96 45701 II 30265 20105 16551 3554 79 1803 378 2561 2756 2397 218 ndash32 1513 29149 3590 25559 23393 2167 85 46034 III 31069 20524 16918 3606 02 1882 382 2733 2900 2453 228 ndash35 1629 29734 3449 26285 24126 2160 82 46725 IV 32036 21065 17401 3664 38 1943 391 2846 3008 2522 246 ndash23 1682 30557 3551 27006 24675 2331 86 47689
1984 I 33392 21760 17852 3908 195 2047 381 3115 3033 2604 277 ndash21 1760 31502 3607 27895 25152 2743 98 48732 II 34369 22257 18282 3975 213 2137 367 3232 3217 2668 298 ndash19 1763 32351 3699 28651 25768 2883 101 49571 III 35055 22709 18667 4041 204 2166 404 3166 3400 2713 313 ndash21 1662 33160 3836 29324 26185 3139 107 50343 IV 35636 23093 18995 4097 225 2135 448 3231 3432 2764 324 ndash16 1658 33742 3954 29788 26703 3085 104 50822
1985 I 36262 23537 19338 4199 228 2254 429 3256 3430 2799 334 ndash07 1535 34349 4318 30031 27461 2570 86 50697 II 36692 23892 19632 4260 204 2242 417 3274 3413 2847 393 09 1542 34736 3881 30856 27952 2903 94 51704 III 37211 24279 19961 4318 193 2253 422 3460 3348 2905 339 10 1600 35070 4211 30860 28656 2204 71 51384 IV 37685 24761 20371 4391 214 2255 405 3312 3467 2919 342 10 1646 35710 4284 31426 28961 2465 78 51916
1986 I 38240 25100 20635 4464 182 2313 368 3244 3650 2944 430 10 1324 36286 4257 32029 29416 2613 82 52534 II 38418 25333 20818 4515 197 2375 356 3151 3689 2953 354 10 1332 36702 4288 32414 29745 2668 82 53130 III 38867 25692 21117 4574 267 2448 325 3075 3705 3007 341 08 1359 37213 4389 32824 30464 2360 72 53409 IV 39333 26182 21522 4659 267 2454 304 3095 3640 3035 348 07 1436 37639 4554 33085 30869 2216 67 53441
1987 I 40071 26645 21937 4708 273 2554 316 3233 3621 3078 348 05 1585 38232 4502 33730 31195 2535 75 53769 II 41007 27062 22301 4761 291 2607 305 3631 3619 3139 351 02 1884 38770 5111 33659 31861 1797 53 53186 III 41978 27527 22706 4821 289 2683 353 3897 3686 3211 332 ndash01 2059 39499 4884 34615 32536 2079 60 54137 IV 42946 28192 23307 4885 304 2770 394 3952 3740 3263 331 00 2178 40474 5064 35409 32883 2526 71 54906
1988 I 43855 28691 23672 5019 334 2942 384 4051 3794 3347 319 ndash07 2329 41171 5011 36161 33708 2453 68 55596 II 44765 29323 24222 5101 274 3063 369 4214 3736 3427 325 33 2504 41868 4968 36900 34318 2581 70 56118 III 45627 29810 24627 5183 288 3142 388 4283 3856 3484 340 36 2496 42699 5057 37643 35004 2639 70 56550 IV 46645 30342 25071 5272 176 3175 468 4517 4026 3540 360 41 2602 43511 5162 38349 35758 2592 68 57059
1989 I 47434 30785 25420 5365 367 3202 442 4314 4265 3631 382 45 2539 44765 5513 39253 36344 2909 74 57708 II 47719 31078 25633 5445 324 3160 435 4239 4347 3700 386 50 2462 45259 5650 39608 37003 2605 66 57471 III 48235 31444 25916 5528 304 3174 411 4286 4397 3767 400 51 2373 45782 5699 40083 37602 2481 62 57843 IV 48632 31946 26353 5593 325 3206 408 4184 4354 3759 399 51 2401 46493 5782 40711 38108 2604 64 58286
1990 I 49644 32590 26868 5722 344 3262 433 4273 4388 3922 402 30 2544 47445 5805 41640 38974 2666 64 58725 II 50597 33174 27359 5815 327 3316 482 4524 4435 3926 399 15 2688 48293 5926 42367 39521 2846 67 59111 III 50917 33585 27687 5898 318 3374 533 4269 4428 3999 398 11 2719 48926 5988 42939 40187 2752 64 59154 IV 51225 33701 27734 5967 298 3368 544 4312 4517 4073 405 07 2699 49204 5989 43215 40411 2804 65 58755
1991 I 51516 33850 27760 6090 267 3312 561 4624 4290 4171 408 33 2793 49410 5785 43625 40592 3033 70 58936 II 51900 34194 28012 6182 285 3366 581 4558 4215 4244 397 59 2829 50058 5837 44221 41143 3078 70 59383 III 52369 34553 28265 6288 253 3425 627 4532 4186 4337 395 62 2887 50531 5880 44651 41608 3044 68 59509 IV 52931 34936 28542 6394 295 3489 694 4577 4039 4432 397 73 2963 51261 5964 45298 41924 3373 74 59897
1992 I 54113 35611 29034 6577 339 3625 716 4910 3963 4477 396 76 3162 52207 5865 46341 42906 3435 74 60801 II 54920 36127 29428 6699 364 3740 813 4987 3896 4518 393 82 3342 53068 6049 47019 43442 3577 76 61267 III 55337 36566 29761 6805 378 3831 893 4805 3821 4555 398 89 3216 53707 6139 47568 44238 3330 70 61578 IV 56314 36954 30088 6865 351 3969 963 5147 3829 4581 440 81 3309 54909 6369 48541 44960 3581 74 62454
1993 I 56662 37322 30346 6976 293 4065 1055 5093 3802 4543 412 76 3293 54205 6146 48059 45373 2686 56 61538 II 57552 37773 30674 7098 356 4145 1135 5336 3705 4604 404 94 3427 55497 6413 49084 46049 3034 62 62495 III 57994 38198 31003 7195 267 4203 1154 5434 3579 4673 398 88 3526 55931 6570 49362 46681 2681 54 62628 IV 59182 38592 31299 7293 365 4291 1220 5884 3498 4838 405 90 3674 57092 6733 50360 47346 3014 60 63551
1994 I 60281 39269 31862 7407 426 4341 1331 5905 3510 4983 419 97 3879 57067 6711 50357 48062 2295 46 63297 II 61293 39786 32293 7493 375 4443 1416 6100 3547 5118 409 98 3962 58441 6953 51488 48701 2787 54 64377 III 62302 40164 32627 7537 331 4527 1485 6432 3661 5182 424 96 4140 59218 6928 52290 49528 2762 53 64850 IV 63373 40722 33156 7565 292 4670 1484 6692 3771 5225 424 94 4254 60266 7029 53237 50254 2983 56 65710
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
August 2012 SURVEY OF CURRENT BUSINESS 207
Table 4 National Income and Disposition of Personal IncomemdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
National income Disposition of personal income
National income
Compensation of employees Proprietorsrsquo income with IVA and CCAdj Rental
income of
persons with
CCAdj
Corporate profits
with IVA and
CCAdj
Net interest
and miscelshylaneous
payments
Taxes on production
and imports
less subsidies 1
Business current transfer
payments (net)
Current surplus
of governshy
ment entershy
prises 1
Addenshydum
Corporate profits
after tax without IVA and CCAdj
Personal income
Less Personal current taxes
Equals Disposshy
able personal income
Less Personal outlays
Equals Personal saving
Saving as a percentshy
age of disposable personal income
Real disposable personal income 2Total
Wage and
salary accruals
Suppleshyments to wages
and salaries
Farm Nonfarm
1995 I 64115 41355 33770 7585 216 4788 1510 6748 3710 5209 447 132 4420 61072 7200 53872 50599 3273 61 66136 II 64686 41713 34116 7597 198 4865 1530 7022 3581 5191 457 130 4662 61613 7422 54191 51381 2810 52 66142 III 65627 42164 34546 7618 228 4972 1528 7377 3519 5240 468 131 4749 62304 7477 54827 52094 2733 50 66637 IV 66465 42575 34944 7631 295 5079 1615 7500 3523 5284 462 132 4827 63047 7657 55390 52756 2634 48 67032
1996 I 67571 42955 35295 7661 382 5220 1667 7832 3541 5353 481 139 5055 64273 7965 56308 53536 2772 49 67746 II 68869 43643 35942 7701 454 5411 1684 7959 3664 5423 492 140 5080 65627 8344 57283 54513 2770 48 68474 III 69724 44234 36502 7732 346 5540 1721 8021 3753 5464 499 146 5049 66420 8384 58036 55120 2915 50 69057 IV 71103 44822 37062 7761 356 5638 1745 8248 3886 5581 678 149 5187 67343 8584 58759 55970 2789 47 69436
1997 I 72258 45547 37742 7805 382 5815 1749 8557 3973 5613 484 139 5333 68556 8964 59591 56828 2763 46 70057 II 73334 46179 38323 7856 283 5911 1759 8788 4016 5766 486 147 5516 69304 9105 60199 57252 2947 49 70583 III 74766 46952 39005 7948 325 6003 1764 9120 4085 5831 545 140 5714 70415 9354 61061 58398 2663 44 71391 IV 75881 47947 39876 8071 314 6097 1789 8929 4228 5902 537 138 5690 71755 9622 62132 59289 2844 46 72383
1998 I 76895 48984 40752 8232 282 6355 1827 8177 4585 5953 603 129 4832 73477 9901 63576 59872 3704 58 74029 II 78154 49820 41452 8368 268 6502 1886 8115 4808 6005 614 135 4782 74798 10164 64634 61081 3554 55 75086 III 79490 50654 42162 8492 271 6658 1957 8201 4912 6062 638 137 4746 75904 10372 65532 62103 3429 52 75875 IV 80484 51471 42871 8601 334 6831 1988 8003 4868 6104 753 130 4621 76836 10620 66216 63243 2972 45 76431
1999 I 82042 52464 43755 8709 343 6953 2030 8597 4690 6150 663 151 4990 77609 10735 66874 64009 2865 43 76949 II 82840 52979 44179 8800 287 7101 2069 8594 4770 6220 672 147 5201 78316 10908 67408 65409 1999 30 77125 III 83797 53720 44795 8925 266 7241 2092 8484 4836 6326 691 142 5234 79362 11162 68199 66539 1660 24 77624 IV 85639 54994 45878 9116 243 7437 2135 8576 4959 6439 732 124 5444 81147 11496 69651 67864 1787 26 78841
2000 I 88098 56921 47550 9370 258 7580 2146 8405 5321 6535 808 125 5206 83796 12047 71749 69551 2199 31 80498 II 88960 57314 47819 9495 316 7878 2121 8317 5439 6618 846 110 5140 85066 12261 72805 70540 2265 31 81323 III 90057 58458 48744 9715 297 7969 2133 8147 5432 6655 889 77 5081 86442 12436 74006 71715 2290 31 82186 IV 90440 58861 48995 9866 315 8086 2211 7900 5378 6700 935 53 4868 87073 12546 74527 72757 1770 24 82309
2001 I 91844 59939 49881 10058 321 8354 2253 7828 5418 6688 999 44 5240 88590 12976 75614 73532 2082 28 82927 II 92099 59799 49614 10185 308 8408 2306 8123 5477 6621 1028 30 5471 88812 13045 75768 74149 1619 21 82700 III 91573 59658 49324 10333 311 8469 2395 7650 5443 6542 1026 79 4962 88806 11095 77711 74481 3230 42 84806 IV 91892 59777 49268 10508 281 8377 2341 7766 5436 6907 998 09 4704 89123 12277 76846 75579 1267 16 83817
2002 I 93047 60384 49636 10749 163 8643 2292 8303 5291 7026 903 43 5050 89783 10684 79099 75962 3137 40 86076 II 93805 61013 50030 10984 116 8726 2317 8520 5057 7171 842 44 5484 90607 10453 80154 76940 3214 40 86550 III 94180 61288 50063 11226 201 8732 2127 8698 4942 7307 794 91 5898 90746 10463 80283 77813 2470 31 86253 IV 95309 61747 50164 11583 258 8774 2014 9367 4965 7352 756 76 6488 91268 10417 80851 78385 2467 31 86457
2003 I 96142 62558 50610 11949 299 8597 2097 9175 5119 7430 773 94 6271 91945 10213 81732 79222 2509 31 86775 II 97573 63463 51235 12229 375 8816 2042 9501 5115 7424 758 79 6212 93211 10181 83030 80120 2910 35 88088 III 98994 64256 51846 12410 383 9074 1862 9927 5010 7660 758 63 6632 94187 9452 84735 81667 3069 36 89321 IV 100898 65026 52494 12532 404 9277 2166 10509 4921 7796 757 43 7274 95783 10168 85615 82516 3099 36 89835
2004 I 102812 65398 52759 12639 542 9479 2042 11872 4677 7987 778 37 8597 96798 10093 86705 83877 2828 33 90234 II 104447 66364 53636 12728 520 9778 1971 12269 4606 8121 800 19 9115 98471 10264 88207 84899 3308 38 91126 III 106416 67563 54689 12874 440 9961 1968 12922 4540 8229 790 03 9605 99991 10647 89344 86211 3133 35 91735 IV 107687 68412 55344 13068 485 10146 1954 12814 4642 8343 899 ndash09 9615 102231 10909 91321 87860 3461 38 93018
2005 I 110196 69211 55842 13369 437 10031 1907 14082 5094 8487 965 ndash18 11760 102386 11642 90743 89148 1595 18 91885 II 111566 70036 56517 13519 464 10076 1815 14290 5280 8642 996 ndash31 11960 103867 11923 91944 90606 1338 15 92532 III 113602 71284 57583 13701 456 10370 1684 14547 5580 8775 952 ndash45 12383 105775 12240 93535 92302 1233 13 93084 IV 115590 72071 58297 13774 399 10559 1723 15325 5769 8866 923 ndash45 13008 107408 12538 94871 93310 1561 16 93593
2006 I 118382 73537 59589 13948 284 10985 1613 15909 6089 9160 828 ndash24 13546 110267 13215 97052 94714 2337 24 95346 II 119659 74199 60186 14013 284 11048 1532 15977 6544 9319 793 ndash38 13447 112040 13402 98638 96008 2630 27 96191 III 120930 74841 60754 14087 284 11028 1403 16551 6616 9419 836 ndash47 13685 113369 13543 99825 97348 2477 25 96653 IV 122279 76503 62276 14226 322 11084 1312 15896 6840 9521 861 ndash60 13300 115048 13935 101112 98292 2820 28 97920
2007 I 122614 77564 63281 14283 362 10668 1224 15155 7039 9647 1056 ndash101 12644 117143 14587 102555 99838 2717 26 98363 II 123609 78144 63828 14316 341 10560 1398 15653 6937 9658 1029 ndash110 13156 118390 14804 103586 101216 2370 23 98510 III 124071 78685 64276 14410 350 10443 1468 15010 7433 9751 1044 ndash112 12841 119544 14975 104569 102341 2228 21 98897 IV 125563 79843 65234 14609 459 10433 1659 14608 7856 9849 1004 ndash148 13075 121414 15180 106234 103601 2633 25 99441
2008 I 126939 80990 66005 14985 605 10531 1889 13600 8437 9832 1208 ndash152 11883 124156 15360 108796 104245 4550 42 100874 II 127249 80734 65549 15185 553 10719 2185 13337 8751 9954 1173 ndash159 12083 125717 13518 112200 105294 6906 62 102885 III 127331 80847 65506 15341 466 10574 2435 13286 8780 9942 1161 ndash161 11633 125133 14321 110812 105384 5428 49 100537 IV 122844 80161 64774 15387 446 10021 2756 9712 8837 9701 1378 ndash168 6437 123400 14228 109173 102363 6809 62 100479
2009 I 121007 78249 62991 15258 337 9358 2702 11984 7658 9538 1347 ndash166 10103 119275 11997 107278 101381 5898 55 99273 II 120010 78011 62782 15230 385 9185 2815 12433 6333 9596 1407 ndash154 10874 118793 11213 107581 101354 6227 58 99156 III 121021 77736 62522 15214 406 9352 2989 14032 5826 9592 1232 ndash145 12319 117949 11256 106692 102596 4096 38 97602 IV 123266 77978 62719 15260 467 9686 3083 15245 5803 9815 1348 ndash158 13549 118662 11317 107346 103239 4106 38 97464
2010 I 125830 78466 62987 15479 415 10109 3401 16480 5869 9871 1387 ndash168 14341 120898 11569 109329 104282 5048 46 98816 II 127221 79554 63946 15608 436 10612 3527 16254 5685 9941 1397 ndash185 14051 122906 11730 111175 104984 6191 56 100341 III 129213 80214 64497 15717 446 10725 3500 17475 5596 10019 1439 ndash201 14651 123972 12118 111854 105815 6038 54 100633 IV 130194 80566 64752 15814 476 10916 3540 17888 5568 10088 1377 ndash225 14676 125099 12375 112724 107333 5391 48 100874
2011 I 131963 82363 66185 16178 560 10920 3900 17233 5514 10248 1457 ndash231 14025 128565 13725 114841 108981 5859 51 101957 II 133011 82864 66562 16302 526 11021 4047 18009 5138 10371 1279 ndash244 14545 129389 13966 115423 110151 5272 46 101578 III 133901 83181 66781 16400 553 11061 4138 18305 5284 10357 1295 ndash275 14773 129763 14038 115726 111209 4516 39 101256 IV 135481 83401 66924 16477 544 11109 4303 19531 5159 10471 1274 ndash311 15661 130174 14191 115983 112056 3927 34 101215
2012 I 136963 84848 68157 16691 523 11321 4453 19001 5156 10677 1305 ndash320 16709 132173 14491 117682 113487 4195 36 102068 II 85524 68721 16803 553 11439 4555 4959 10763 1341 ndash341 133578 14740 118838 114086 4753 40 102888
1 Prior to 1959 the current surplus of government enterprises is not available separately the current surplus of implicit price deflator for personal consumption expenditures government enterprises is included in taxes on production and imports less subsidies IVA Inventory valuation adjustment
2 Real disposable personal income in billions of chained (2005) dollars The current-dollar measure is deflated by the CCAdj Capital consumption adjustment
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
208 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1929 107 106 05 ndash04 104 104 02 14 93 92 91 90 58 56 35 34 35 34 1930 74 43 33 ndash02 72 42 01 08 65 34 64 33 55 53 10 ndash20 10 ndash20 1931 28 04 24 01 28 04 00 05 23 ndash01 23 ndash01 41 41 ndash17 ndash42 ndash17 ndash42 1932 ndash03 ndash15 10 02 ndash02 ndash14 00 04 ndash07 ndash19 ndash06 ndash18 25 26 ndash32 ndash44 ndash32 ndash44 1933 ndash03 17 ndash21 01 ndash03 17 00 05 ndash08 12 ndash08 12 20 20 ndash28 ndash08 ndash28 ndash08 1934 24 31 ndash06 ndash01 23 30 01 07 16 23 16 23 26 25 ndash09 ndash02 ndash09 ndash02 1935 39 42 ndash02 ndash01 37 41 02 10 29 33 27 31 28 27 01 04 01 04 1936 60 69 ndash07 ndash01 59 68 01 14 46 55 45 54 45 44 01 10 01 10 1937 69 75 00 ndash06 66 72 03 15 54 59 51 57 47 45 07 13 05 11 1938 48 44 10 ndash06 45 41 03 10 38 34 35 31 32 29 06 02 06 02 1939 64 76 ndash07 ndash05 61 73 03 14 50 62 46 59 38 36 12 24 11 23 1940 96 104 ndash02 ndash06 94 102 03 28 68 76 65 73 40 38 28 36 28 36 1941 153 183 ndash25 ndash06 149 180 04 76 77 107 73 103 44 42 32 63 31 61 1942 204 220 ndash12 ndash04 201 217 04 114 90 106 86 103 43 40 48 64 46 62 1943 247 256 ndash08 00 244 252 04 141 107 115 103 111 44 42 62 70 61 69 1944 248 245 ndash03 06 244 240 04 129 118 115 114 111 46 43 72 69 71 68 1945 202 200 ndash06 07 199 197 03 107 95 93 92 90 46 44 49 47 48 46 1946 179 249 ndash53 ndash17 172 242 07 91 88 158 81 151 56 51 33 103 30 100 1947 235 319 ndash59 ndash26 225 310 10 113 122 207 112 197 63 56 59 144 56 141 1948 309 359 ndash22 ndash28 296 346 13 17 04 124 185 235 172 222 70 62 114 164 110 160 1949 287 296 19 ndash28 276 285 11 16 04 102 185 194 174 183 72 64 113 122 110 119 1950 356 432 ndash50 ndash26 344 420 13 18 05 179 177 253 164 240 88 79 89 165 86 162 1951 408 448 ndash12 ndash28 391 430 17 22 05 226 182 222 165 205 86 74 97 137 91 131 1952 388 402 10 ndash24 370 383 19 23 05 194 194 208 176 189 86 75 109 123 101 115 1953 391 417 ndash10 ndash16 373 399 18 23 05 203 188 214 170 196 89 78 99 125 93 118 1954 383 393 ndash03 ndash07 364 374 20 24 05 176 207 217 187 198 93 79 114 124 109 119 1955 490 499 ndash17 09 466 475 24 29 05 220 270 278 246 255 105 89 165 174 157 166 1956 480 505 ndash27 02 452 476 28 34 05 220 260 285 232 256 113 95 147 172 137 162 1957 476 491 ndash15 01 445 460 31 36 05 214 262 277 231 246 117 99 145 159 133 147 1958 425 430 ndash03 ndash03 399 404 25 31 06 190 235 240 210 215 116 98 119 124 111 116 1959 538 538 ndash03 03 511 510 27 34 07 237 301 300 274 273 126 107 175 175 167 166 1960 531 516 ndash02 16 500 485 31 38 07 228 303 288 272 257 134 114 169 155 158 143 1961 542 516 03 23 509 483 33 40 07 229 313 287 280 254 139 115 174 148 165 139 1962 623 570 00 53 586 532 38 45 07 241 383 329 345 291 150 124 232 179 221 168 1963 683 621 01 62 643 580 41 49 08 264 420 357 379 316 162 136 257 195 243 181 1964 755 691 ndash05 69 711 646 45 54 09 282 474 409 429 365 182 150 292 227 279 215 1965 865 802 ndash12 76 818 754 47 58 11 311 555 491 508 444 202 169 353 289 339 275 1966 925 867 ndash21 80 880 822 45 57 11 339 587 528 541 483 207 178 380 321 363 305 1967 902 835 ndash16 82 854 788 48 60 12 329 573 506 525 459 215 183 358 291 342 275 1968 973 924 ndash37 85 916 868 56 70 14 396 576 528 520 472 235 202 341 293 318 270 1969 945 914 ndash59 90 879 848 66 80 15 400 545 514 479 448 242 204 303 272 275 244 1970 825 810 ndash66 81 754 739 71 87 16 348 477 462 406 391 243 204 234 219 203 188 1971 961 929 ndash46 78 882 850 79 98 19 382 579 547 501 469 250 203 329 297 297 265 1972 1114 1082 ndash66 98 1019 987 95 118 22 423 691 659 596 563 268 219 422 390 376 344 1973 1245 1350 ndash196 91 1096 1201 149 176 27 500 745 850 596 701 299 231 446 551 365 470 1974 1151 1478 ndash382 56 977 1303 175 204 29 528 623 950 449 775 332 235 291 618 214 541 1975 1333 1455 ndash105 ndash17 1187 1309 146 179 33 516 817 939 670 793 330 264 487 609 406 529 1976 1616 1797 ndash141 ndash40 1451 1632 165 209 44 653 963 1145 798 979 390 301 573 754 497 678 1977 1918 2105 ndash157 ndash30 1727 1914 191 238 47 744 1174 1361 983 1170 448 337 726 913 646 833 1978 2184 2461 ndash237 ndash40 1956 2233 229 290 61 849 1336 1613 1107 1384 508 396 828 1105 711 988 1979 2254 2721 ndash401 ndash66 1907 2375 346 426 79 900 1353 1821 1007 1475 575 415 778 1246 592 1060 1980 2014 2535 ndash421 ndash100 1660 2181 355 438 84 872 1142 1664 788 1309 641 473 502 1023 314 836 1981 2233 2437 ndash246 42 1936 2141 297 381 84 843 1389 1594 1093 1297 738 583 652 856 509 714 1982 2057 1986 ndash75 146 1731 1660 326 367 41 665 1392 1321 1066 995 777 613 615 544 453 382 1983 2598 2340 ndash74 333 2248 1989 351 411 60 806 1792 1534 1441 1183 835 713 957 699 728 470 1984 3186 2686 ndash40 540 2820 2320 366 461 95 975 2211 1711 1845 1345 908 785 1303 803 1060 560 1985 3325 2575 00 751 2944 2194 381 468 87 994 2331 1581 1950 1200 976 857 1356 605 1093 342 1986 3141 2460 71 611 2747 2065 395 487 92 1097 2045 1363 1650 968 1062 883 983 301 767 85 1987 3678 3231 ndash162 610 3198 2751 480 589 109 1304 2374 1927 1894 1446 1123 956 1251 803 938 490 1988 4266 3899 ndash222 589 3696 3329 570 716 146 1416 2850 2483 2280 1913 1299 980 1551 1184 1300 933 1989 4256 3905 ndash163 515 3584 3233 671 755 84 1461 2795 2444 2124 1773 1580 1264 1215 864 860 509 1990 4344 4117 ndash129 357 3584 3356 761 809 48 1454 2890 2663 2129 1902 1691 1441 1200 972 688 461 1991 4573 4254 49 270 3808 3489 765 755 ndash10 1386 3187 2868 2422 2103 1807 1564 1380 1061 859 540 1992 4962 4744 ndash28 246 4231 4013 731 783 52 1487 3475 3257 2744 2526 1880 1600 1595 1377 1145 926 1993 5437 5190 ndash40 287 4668 4421 769 889 120 1710 3727 3480 2957 2711 2029 1823 1697 1451 1134 887 1994 6282 5990 ndash124 416 5503 5211 780 1045 266 1931 4351 4059 3571 3279 2357 1976 1994 1702 1596 1304 1995 7162 6843 ndash183 502 6232 5913 929 1274 344 2178 4983 4665 4054 3735 2544 2216 2439 2121 1838 1519 1996 8015 7407 31 577 6995 6388 1020 1394 374 2315 5700 5093 4681 4073 2977 2573 2723 2115 2107 1500 1997 8848 8018 141 690 7773 6942 1076 1555 479 2454 6394 5563 5319 4488 3312 2840 3082 2251 2479 1648 1998 8124 7229 157 738 7097 6201 1028 1468 440 2484 5641 4745 4613 3718 3515 3092 2126 1231 1521 626 1999 8563 7805 ndash40 797 7348 6590 1215 1768 553 2588 5975 5217 4760 4002 3374 2957 2601 1843 1803 1045 2000 8192 7725 ndash168 636 6736 6268 1456 2025 569 2651 5541 5074 4085 3618 3779 3485 1763 1295 601 133 2001 7842 7127 80 634 6145 5430 1697 1826 129 2033 5809 5094 4112 3397 3709 3301 2100 1385 811 97 2002 8722 7653 ndash26 1094 7143 6075 1579 2044 465 1923 6799 5730 5220 4151 3993 3512 2806 1738 1708 639 2003 9778 9035 ndash113 856 8120 7377 1658 2492 834 2438 7340 6597 5683 4940 4249 3928 3092 2348 1755 1012 2004 12469 12294 ndash343 518 10419 10244 2050 3282 1231 3061 9408 9233 7358 7183 5503 4880 3905 3730 2478 2303 2005 14561 16402 ndash307 ndash1534 12166 14007 2394 3841 1446 4124 10437 12278 8043 9883 5573 2965 4864 6705 5078 6919 2006 16083 18227 ndash380 ndash1764 13515 15659 2568 4344 1776 4733 11350 13495 8782 10926 7048 6269 4303 6447 2513 4657 2007 15106 17384 ndash472 ndash1805 11598 13875 3509 5106 1597 4455 10652 12929 7143 9420 7945 6497 2707 4984 646 2923 2008 12484 13599 ndash445 ndash671 8418 9533 4066 5819 1753 3090 9394 10509 5328 6443 7869 6063 1525 2640 ndash736 380 2009 13423 14405 32 ndash1013 9895 10877 3528 4937 1409 2694 10730 11711 7202 8183 5541 4423 5188 6170 2779 3761 2010 17024 18163 ndash387 ndash752 13009 14147 4016 5844 1829 3733 13291 14430 9276 10414 6009 4810 7282 8421 4465 5604 2011 18270 18541 ndash626 354 13881 14152 4389 6452 2063 3790 14479 14751 10090 10362 6972 5540 7507 7779 4550 4822
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
August 2012 SURVEY OF CURRENT BUSINESS 209
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1947 I 207 328 ndash97 ndash24 198 319 09 116 91 212 83 203 60 54 31 152 29 149 II 239 310 ndash47 ndash23 230 300 10 109 130 200 120 191 63 56 67 137 64 134 III 238 306 ndash40 ndash27 229 296 10 108 130 198 121 188 65 59 65 133 62 130 IV 255 335 ndash52 ndash28 244 323 11 118 137 217 126 205 64 57 72 152 69 149
1948 I 294 351 ndash29 ndash28 282 339 12 121 173 229 161 217 70 62 102 159 98 155 II 312 369 ndash29 ndash29 299 356 13 128 184 241 171 229 67 58 117 175 113 170 III 307 363 ndash28 ndash29 294 351 13 126 181 238 168 225 71 63 110 167 105 162 IV 323 352 ndash01 ndash28 310 339 13 122 201 230 188 217 74 65 127 156 123 152
1949 I 307 321 14 ndash27 295 308 12 110 197 210 185 198 72 64 125 138 121 134 II 283 283 28 ndash28 272 271 12 97 186 186 174 174 72 63 114 114 111 110 III 295 293 30 ndash28 284 282 11 101 194 192 183 181 71 63 123 121 121 118 IV 262 288 02 ndash27 252 278 10 99 163 188 153 178 74 67 89 114 86 112
1950 I 298 330 ndash07 ndash25 286 318 11 136 161 193 150 182 83 74 79 111 76 108 II 334 394 ndash33 ndash26 323 383 11 163 171 231 160 220 84 76 87 147 85 144 III 381 479 ndash73 ndash26 367 465 14 199 182 280 167 266 92 80 90 189 87 186 IV 413 527 ndash85 ndash29 398 512 14 218 194 308 180 294 95 85 99 213 95 209
1951 I 402 519 ndash87 ndash29 387 504 15 263 139 256 124 241 84 74 55 172 51 167 II 402 441 ndash10 ndash29 385 424 17 223 179 218 162 201 86 75 93 132 87 126 III 407 401 35 ndash28 389 383 18 201 206 199 188 181 86 74 120 113 114 107 IV 421 432 15 ndash26 401 412 20 215 205 216 185 196 87 74 119 129 112 122
1952 I 395 407 13 ndash25 376 388 19 198 197 209 178 190 82 70 116 128 108 120 II 374 387 12 ndash24 355 368 19 187 188 200 169 181 87 76 101 113 93 105 III 371 388 07 ndash24 352 369 19 186 185 202 166 183 86 75 99 116 91 108 IV 413 427 08 ndash22 395 409 19 205 208 222 189 203 88 77 120 134 112 126
1953 I 420 445 ndash04 ndash21 401 426 19 216 204 229 185 210 84 73 119 145 112 137 II 412 446 ndash16 ndash18 393 427 19 217 195 228 176 209 92 80 103 137 96 130 III 402 436 ndash20 ndash14 384 418 17 212 189 223 172 206 90 79 99 133 92 127 IV 331 341 00 ndash10 314 324 17 166 166 175 149 158 89 78 77 86 71 80
1954 I 355 365 00 ndash11 336 347 18 164 190 201 172 183 94 81 96 107 91 102 II 368 377 00 ndash08 349 358 19 169 199 208 180 189 89 75 110 119 105 114 III 387 400 ndash07 ndash06 368 381 19 179 208 221 189 202 93 79 115 128 109 123 IV 424 431 ndash05 ndash02 401 409 22 193 231 238 209 216 95 79 136 143 130 138
1955 I 475 483 ndash11 03 453 461 22 213 262 270 239 247 100 85 161 169 154 162 II 487 490 ndash09 06 465 467 22 216 271 274 249 251 102 87 169 172 162 164 III 494 501 ndash22 14 469 477 24 222 272 280 248 256 108 92 164 172 156 164 IV 504 521 ndash28 11 479 496 25 231 274 291 248 265 109 92 165 181 156 173
1956 I 484 503 ndash29 10 456 476 27 220 263 282 236 255 112 93 151 171 143 162 II 482 514 ndash36 04 454 486 28 225 257 289 229 261 112 94 145 177 135 168 III 474 487 ndash12 ndash01 445 458 29 211 262 276 233 246 112 93 151 164 140 153 IV 481 515 ndash30 ndash04 452 486 29 223 258 292 229 263 116 98 142 176 130 164
1957 I 497 523 ndash24 ndash02 467 493 30 228 268 295 238 265 116 98 152 179 140 167 II 485 501 ndash15 ndash01 453 468 33 219 267 282 234 250 118 98 149 164 136 152 III 480 491 ndash13 03 448 458 32 214 266 276 234 244 119 99 147 157 135 145 IV 443 448 ndash09 04 415 420 29 196 247 253 219 224 117 99 131 136 120 125
1958 I 384 385 ndash02 01 358 359 26 169 215 216 189 190 116 99 100 100 90 91 II 392 392 03 ndash04 366 367 25 172 219 220 194 194 117 99 102 103 94 95 III 433 439 ndash02 ndash04 408 414 25 194 239 245 214 220 117 99 122 129 115 122 IV 490 502 ndash09 ndash03 465 477 25 223 267 279 242 254 114 96 153 165 146 158
1959 I 526 533 ndash06 ndash01 501 508 25 31 06 235 291 298 266 273 121 103 170 178 163 170 II 576 582 ndash10 04 551 557 25 32 06 257 319 325 293 299 125 107 194 200 186 192 III 523 523 ndash03 03 496 495 28 35 07 231 292 292 264 264 128 109 165 165 156 156 IV 528 512 08 08 497 481 30 37 07 226 302 286 272 255 130 109 172 156 162 146
1960 I 570 566 ndash09 13 540 535 31 37 07 251 319 315 289 284 132 113 187 183 176 171 II 532 522 ndash06 15 500 491 32 38 07 231 301 292 269 260 132 113 168 159 156 147 III 523 499 05 18 492 469 31 37 07 220 302 279 272 248 135 117 167 144 155 132 IV 499 478 03 19 467 445 32 39 06 209 290 268 258 236 135 114 155 133 144 122
1961 I 489 468 ndash01 21 455 435 34 41 07 207 282 262 249 228 136 112 147 126 137 116 II 532 497 10 24 500 466 32 39 07 221 311 276 279 245 136 114 174 140 165 130 III 554 527 03 24 521 493 33 41 08 234 320 293 287 259 139 115 181 154 172 145 IV 593 570 ndash02 24 559 537 34 41 08 254 338 316 305 282 145 120 194 171 185 163
1962 I 617 561 04 51 583 527 34 41 07 239 378 322 344 288 146 122 232 177 222 166 II 610 558 ndash01 52 573 522 36 43 07 237 373 322 337 286 150 124 223 172 213 161 III 622 576 ndash08 54 585 539 37 45 07 244 379 332 342 295 152 126 227 180 215 169 IV 645 585 05 55 601 541 44 51 07 245 401 340 357 296 154 122 247 187 235 175
1963 I 647 581 10 56 606 540 41 49 08 246 402 336 360 294 158 130 244 178 230 164 II 681 617 02 62 642 578 40 47 08 263 419 355 379 315 161 136 258 194 244 179 III 695 634 ndash02 63 655 594 40 48 08 270 425 364 385 324 163 137 262 201 247 186 IV 710 651 ndash08 67 668 609 42 51 09 277 433 374 391 332 168 139 266 206 252 192
1964 I 752 685 ndash02 70 707 640 46 54 09 279 473 406 428 361 175 142 299 232 286 218 II 751 685 ndash01 68 707 641 44 53 09 280 472 405 428 361 180 149 292 225 279 213 III 763 701 ndash09 70 718 657 45 54 09 286 477 416 432 371 184 152 293 231 280 219 IV 754 692 ndash07 69 710 648 44 54 10 282 473 410 428 366 189 157 284 222 271 209
1965 I 833 764 ndash04 73 785 716 48 58 10 296 537 468 490 421 192 157 345 276 333 264 II 854 790 ndash11 76 805 740 49 60 11 305 549 485 500 435 199 163 350 286 337 272 III 867 802 ndash15 80 820 756 46 57 11 311 556 491 510 445 205 173 350 286 337 272 IV 907 850 ndash19 76 862 805 45 56 11 331 576 519 531 474 212 182 364 307 349 292
1966 I 939 873 ndash12 78 896 830 43 55 11 342 597 531 554 488 213 185 385 319 369 303 II 928 875 ndash27 79 883 830 45 56 11 342 586 533 541 488 209 180 377 324 361 308 III 911 868 ndash36 79 865 822 45 57 11 339 572 529 527 484 205 177 367 324 349 306 IV 924 852 ndash10 82 876 804 47 59 12 333 591 519 544 472 200 171 391 319 373 301
See the footnotes at the end of the table
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
210 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1967 I 896 821 ndash04 79 849 774 47 58 12 325 571 496 524 449 211 182 361 285 342 266 II 885 818 ndash13 80 840 773 45 56 12 322 562 496 518 451 217 190 346 279 328 261 III 897 830 ndash17 84 847 780 50 63 13 325 572 506 522 455 221 186 351 285 336 269 IV 929 873 ndash28 84 880 824 49 62 13 344 585 529 536 480 212 175 373 317 361 305
1968 I 939 902 ndash47 84 887 850 52 65 13 387 552 515 500 462 226 197 326 289 303 265 II 977 921 ndash29 85 922 866 55 69 14 395 582 526 527 471 234 197 348 293 331 275 III 979 925 ndash30 84 922 868 57 71 14 397 583 528 526 471 240 205 343 289 320 266 IV 994 950 ndash41 85 933 889 61 75 14 406 588 543 527 482 242 208 346 301 319 275
1969 I 994 952 ndash49 91 931 890 63 77 14 415 579 538 517 475 240 202 340 298 314 273 II 964 925 ndash52 91 899 860 64 79 14 404 559 521 495 456 241 204 318 279 291 252 III 936 895 ndash49 91 869 827 67 82 15 391 545 504 477 436 243 202 302 261 275 234 IV 885 883 ndash84 86 816 814 69 84 15 389 497 494 427 425 246 207 251 248 220 217
1970 I 806 813 ndash88 80 734 741 72 87 15 345 461 469 389 397 245 201 216 223 188 196 II 844 812 ndash46 78 770 738 74 89 15 347 498 466 424 392 243 205 255 223 219 187 III 846 830 ndash62 79 773 757 73 89 16 357 489 473 416 400 242 202 246 230 214 197 IV 804 785 ndash66 86 739 719 65 82 16 342 462 443 397 377 242 207 220 200 190 171
1971 I 927 886 ndash36 78 853 811 75 92 17 378 549 508 474 433 250 212 299 257 262 220 II 946 915 ndash47 78 866 835 80 99 20 386 560 529 480 449 250 197 310 279 283 252 III 967 945 ndash56 78 890 868 78 98 20 379 588 566 511 489 252 213 337 315 298 276 IV 1002 969 ndash45 78 920 887 82 103 20 384 619 586 537 504 249 191 370 337 346 313
1972 I 1062 1030 ndash58 91 974 941 89 107 18 404 659 626 570 538 261 222 398 365 348 315 II 1079 1040 ndash58 97 988 949 91 114 23 407 672 633 581 542 264 221 408 369 360 322 III 1121 1079 ndash58 100 1022 980 99 121 22 420 702 660 602 561 271 220 431 389 383 341 IV 1195 1180 ndash90 105 1092 1077 103 128 25 464 731 716 628 613 277 215 454 439 414 399
1973 I 1260 1321 ndash158 98 1135 1196 125 151 26 497 763 823 638 698 284 220 479 539 418 479 II 1228 1345 ndash211 93 1088 1205 140 168 28 502 726 843 586 703 293 230 433 550 356 473 III 1232 1335 ndash187 84 1068 1171 164 190 26 486 746 849 582 685 304 239 442 545 343 446 IV 1260 1398 ndash227 89 1093 1232 167 193 27 514 746 885 580 718 315 236 431 569 344 482
1974 I 1188 1430 ndash318 76 996 1238 192 220 28 497 691 932 498 740 325 223 365 607 275 517 II 1174 1476 ndash367 65 992 1294 182 210 28 522 652 954 470 773 333 252 319 621 219 521 III 1141 1587 ndash500 54 971 1416 170 202 32 573 568 1013 397 843 336 240 232 678 157 603 IV 1103 1419 ndash344 28 948 1264 155 184 29 519 584 899 429 745 335 223 249 565 206 522
1975 I 1118 1235 ndash124 06 979 1097 139 168 29 438 680 797 541 659 329 267 350 468 274 392 II 1245 1325 ndash70 ndash11 1112 1192 134 166 32 468 777 857 644 724 327 260 450 531 384 464 III 1448 1592 ndash117 ndash27 1304 1449 144 180 37 572 876 1020 732 876 329 259 548 692 474 618 IV 1522 1669 ndash111 ndash36 1352 1499 169 202 33 588 934 1081 764 911 334 270 600 747 494 641
1976 I 1649 1796 ndash107 ndash40 1488 1636 160 204 44 666 982 1130 822 970 362 260 621 768 562 710 II 1603 1796 ndash149 ndash44 1438 1630 166 208 42 652 952 1144 786 979 381 301 571 763 485 677 III 1609 1802 ndash152 ndash41 1445 1638 164 208 44 649 960 1153 796 989 399 314 561 753 482 675 IV 1604 1796 ndash156 ndash36 1432 1624 172 217 45 645 959 1151 787 979 419 327 540 733 460 652
1977 I 1703 1955 ndash214 ndash38 1511 1763 191 233 41 688 1015 1267 823 1075 427 318 588 840 506 758 II 1915 2099 ndash153 ndash31 1723 1907 192 238 47 744 1171 1355 979 1163 439 325 731 916 654 839 III 2062 2180 ndash95 ndash24 1864 1982 198 246 48 767 1294 1413 1097 1215 456 341 838 956 756 874 IV 1995 2187 ndash166 ndash26 1811 2003 184 234 51 778 1216 1408 1033 1225 468 365 748 940 668 860
1978 I 1925 2166 ndash208 ndash33 1700 1941 224 270 46 725 1200 1441 976 1216 483 373 717 958 603 844 II 2202 2473 ndash232 ndash38 2005 2276 197 263 66 866 1336 1606 1139 1410 495 365 841 1112 775 1045 III 2251 2526 ndash233 ndash42 2026 2302 225 291 67 874 1377 1652 1152 1427 518 414 859 1134 738 1014 IV 2359 2681 ndash275 ndash46 2090 2412 269 336 67 929 1430 1752 1161 1483 537 433 894 1215 728 1049
1979 I 2261 2663 ndash351 ndash51 1983 2385 278 349 71 901 1360 1762 1082 1484 554 423 805 1207 659 1061 II 2280 2740 ndash400 ndash59 1953 2412 328 408 80 909 1371 1830 1043 1503 569 423 802 1261 620 1079 III 2262 2774 ndash441 ndash70 1872 2384 390 474 84 906 1356 1868 966 1478 580 396 776 1288 571 1082 IV 2211 2709 ndash414 ndash85 1822 2320 389 471 82 884 1326 1825 937 1436 597 417 730 1228 520 1019
1980 I 2165 2798 ndash535 ndash98 1763 2396 402 488 85 970 1195 1828 792 1425 618 409 577 1210 383 1016 II 1863 2309 ndash340 ndash105 1495 1940 369 453 84 772 1091 1537 723 1168 643 544 448 894 179 624 III 1926 2452 ndash423 ndash103 1577 2103 349 434 85 832 1095 1621 746 1272 647 454 448 974 292 818 IV 2102 2583 ndash388 ndash93 1803 2284 299 379 80 914 1189 1669 890 1370 656 486 533 1013 404 884
1981 I 2210 2598 ndash374 ndash14 1908 2297 301 381 80 911 1299 1687 997 1386 687 535 612 1000 462 850 II 2172 2381 ndash243 34 1897 2106 275 368 93 826 1345 1554 1070 1279 727 571 618 828 499 708 III 2354 2451 ndash182 85 2079 2176 275 372 98 862 1492 1589 1217 1314 759 606 733 830 611 709 IV 2196 2320 ndash186 62 1860 1984 336 401 65 774 1421 1545 1085 1209 777 620 644 768 465 589
1982 I 1973 1997 ndash129 104 1656 1681 316 371 55 657 1315 1340 999 1024 777 662 538 563 337 362 II 2116 2039 ndash47 124 1780 1703 336 373 37 684 1432 1355 1095 1018 765 538 666 589 558 481 III 2101 2003 ndash64 162 1790 1692 311 347 36 686 1415 1317 1104 1005 771 594 644 545 509 411 IV 2039 1905 ndash60 194 1699 1565 340 376 36 632 1407 1273 1067 933 795 658 612 478 409 275
1983 I 2252 1952 22 278 1923 1622 329 373 43 642 1610 1310 1281 981 810 710 800 500 571 271 II 2561 2305 ndash71 327 2218 1962 343 393 50 792 1769 1513 1426 1170 821 686 948 692 740 484 III 2733 2512 ndash152 373 2383 2162 350 425 75 883 1851 1629 1501 1279 843 715 1007 786 786 564 IV 2846 2591 ndash98 353 2467 2211 380 453 74 909 1937 1682 1558 1302 864 742 1074 818 815 560
1984 I 3115 2799 ndash66 382 2769 2453 346 446 100 1039 2076 1760 1730 1414 886 780 1190 874 950 634 II 3232 2792 ndash98 538 2868 2427 364 464 100 1029 2203 1763 1839 1398 909 785 1295 854 1054 613 III 3166 2572 03 591 2788 2194 378 466 87 911 2255 1662 1877 1283 911 795 1345 751 1082 489 IV 3231 2581 02 648 2857 2207 374 468 95 923 2308 1658 1935 1285 927 781 1381 731 1153 503
1985 I 3256 2522 06 729 2900 2166 356 451 95 987 2269 1535 1914 1180 954 812 1315 581 1102 368 II 3274 2512 03 759 2874 2112 399 484 85 970 2304 1542 1905 1143 970 905 1334 572 1000 238 III 3460 2622 72 766 3102 2265 358 448 90 1023 2437 1600 2080 1242 983 841 1454 617 1238 401 IV 3312 2643 ndash80 749 2900 2231 412 490 78 997 2315 1646 1903 1234 995 870 1320 651 1033 364
1986 I 3244 2390 197 656 2825 1972 419 504 85 1066 2178 1324 1760 906 1032 857 1146 292 902 48 II 3151 2395 139 616 2766 2011 385 497 113 1063 2088 1332 1703 947 1064 921 1024 268 782 27 III 3075 2432 54 589 2682 2038 393 473 80 1073 2002 1359 1609 965 1075 859 927 284 749 106 IV 3095 2621 ndash109 582 2713 2239 382 475 93 1185 1910 1436 1528 1054 1076 894 834 360 633 159
See the footnotes at the end of the table
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
August 2012 SURVEY OF CURRENT BUSINESS 211
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashContinues [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
1987 I 3233 2772 ndash139 600 2820 2359 413 530 117 1187 2046 1585 1633 1172 1088 939 958 496 694 233 II 3631 3212 ndash192 611 3147 2728 485 590 106 1328 2303 1884 1819 1400 1098 924 1205 786 895 476 III 3897 3438 ndash157 616 3420 2961 478 607 129 1379 2518 2059 2040 1582 1133 938 1385 926 1103 644 IV 3952 3501 ndash162 613 3407 2956 545 629 84 1324 2629 2178 2083 1633 1172 1024 1456 1006 1059 609
1988 I 4051 3622 ndash183 612 3524 3095 527 680 153 1293 2758 2329 2231 1802 1217 858 1540 1112 1373 944 II 4214 3871 ndash255 598 3636 3293 577 731 154 1366 2847 2504 2270 1927 1264 934 1583 1240 1336 993 III 4283 3963 ndash261 582 3712 3391 572 713 142 1467 2817 2496 2245 1925 1328 1121 1489 1168 1124 804 IV 4517 4141 ndash188 564 3913 3537 604 738 135 1539 2978 2602 2374 1998 1387 1008 1591 1215 1366 990
1989 I 4314 4122 ndash337 529 3674 3482 640 744 104 1584 2731 2539 2091 1899 1480 1262 1250 1058 829 637 II 4239 3913 ndash189 515 3599 3273 640 758 118 1450 2788 2462 2149 1822 1557 1264 1231 905 885 559 III 4286 3777 ndash04 513 3620 3112 666 756 91 1404 2881 2373 2216 1708 1611 1308 1271 763 908 400 IV 4184 3806 ndash123 501 3444 3066 740 763 23 1405 2779 2401 2040 1661 1671 1222 1108 730 818 440
1990 I 4273 3937 ndash36 372 3539 3203 734 805 71 1393 2880 2544 2146 1810 1701 1457 1179 843 688 352 II 4524 4137 20 367 3772 3385 751 816 65 1449 3075 2688 2324 1937 1699 1412 1376 989 912 525 III 4269 4218 ndash302 354 3560 3508 709 787 78 1498 2771 2719 2062 2010 1700 1432 1071 1019 630 578 IV 4312 4176 ndash198 334 3463 3328 849 829 ndash20 1477 2835 2699 1987 1851 1663 1463 1172 1036 524 388
1991 I 4624 4210 114 300 3782 3368 842 824 ndash18 1416 3207 2793 2366 1952 1755 1500 1452 1038 866 452 II 4558 4197 86 276 3811 3450 747 751 04 1368 3190 2829 2444 2082 1805 1576 1385 1024 868 506 III 4532 4261 14 257 3832 3561 700 715 15 1374 3158 2887 2458 2187 1833 1569 1325 1054 889 618 IV 4577 4348 ndash17 246 3807 3577 770 730 ndash41 1385 3192 2963 2421 2192 1834 1610 1358 1129 812 582
1992 I 4910 4644 22 244 4125 3859 785 785 00 1482 3428 3162 2643 2377 1845 1530 1584 1317 1113 847 II 4987 4840 ndash106 253 4231 4084 756 834 78 1498 3489 3342 2733 2586 1869 1577 1620 1473 1157 1010 III 4805 4656 ndash34 183 4093 3944 713 783 70 1440 3365 3216 2652 2503 1893 1591 1472 1323 1061 912 IV 5147 4836 04 306 4477 4167 670 731 62 1528 3619 3309 2949 2639 1915 1702 1705 1394 1247 937
1993 I 5093 4875 ndash61 280 4265 4047 828 862 34 1581 3512 3293 2684 2465 1939 1768 1573 1355 916 697 II 5336 5128 ndash63 272 4607 4398 730 875 145 1701 3636 3427 2906 2697 1983 1775 1652 1444 1131 922 III 5434 5147 04 283 4633 4346 801 907 106 1621 3813 3526 3012 2725 2051 1818 1762 1474 1195 908 IV 5884 5611 ndash41 314 5165 4893 719 914 195 1938 3946 3674 3227 2955 2144 1933 1803 1530 1294 1021
1994 I 5905 5624 ndash83 363 5154 4874 751 953 203 1745 4159 3879 3409 3128 2252 1898 1907 1627 1511 1231 II 6100 5798 ndash102 404 5327 5025 773 1001 228 1836 4264 3962 3491 3189 2341 2003 1923 1621 1488 1186 III 6432 6152 ndash157 437 5639 5359 793 1089 296 2011 4420 4140 3628 3348 2401 1958 2019 1739 1670 1390 IV 6692 6387 ndash156 462 5890 5585 802 1138 335 2133 4560 4254 3757 3452 2435 2044 2125 1820 1714 1408
1995 I 6748 6596 ndash325 478 5861 5708 888 1213 325 2176 4573 4420 3685 3532 2449 2096 2123 1971 1589 1436 II 7022 6810 ndash282 494 6055 5843 967 1293 325 2148 4874 4662 3907 3695 2489 2112 2385 2173 1794 1582 III 7377 6966 ndash98 510 6507 6096 870 1264 394 2217 5161 4749 4290 3879 2564 2299 2596 2185 1992 1580 IV 7500 7000 ndash26 525 6507 6008 993 1325 332 2173 5327 4827 4334 3834 2674 2358 2653 2153 1976 1476
1996 I 7832 7271 21 540 6826 6264 1007 1348 341 2216 5616 5055 4610 4048 2809 2436 2808 2246 2173 1612 II 7959 7414 ndash17 561 6980 6435 979 1349 370 2334 5625 5080 4646 4101 2934 2496 2691 2146 2150 1606 III 8021 7387 47 587 7034 6400 987 1384 398 2338 5683 5049 4697 4062 3040 2634 2643 2009 2063 1429 IV 8248 7558 71 619 7142 6451 1107 1493 386 2371 5877 5187 4770 4080 3126 2727 2751 2061 2043 1353
1997 I 8557 7715 185 656 7523 6682 1033 1533 499 2382 6175 5333 5141 4300 3196 2734 2979 2137 2407 1566 II 8788 7946 157 685 7658 6816 1130 1594 464 2429 6358 5516 5228 4387 3270 2757 3088 2247 2472 1630 III 9120 8265 151 704 8025 7170 1095 1607 512 2551 6569 5714 5474 4619 3349 2850 3220 2365 2624 1769 IV 8929 8145 70 714 7885 7101 1044 1486 442 2455 6475 5690 5431 4646 3433 3019 3041 2256 2411 1627
1998 I 8177 7318 144 715 7091 6231 1086 1504 418 2485 5692 4832 4606 3746 3514 3048 2178 1318 1558 699 II 8115 7237 154 725 7055 6177 1060 1527 467 2455 5660 4782 4600 3722 3551 3132 2109 1231 1469 590 III 8201 7268 191 743 7240 6307 961 1396 436 2522 5679 4746 4718 3785 3533 3073 2146 1213 1645 711 IV 8003 7093 141 769 7000 6090 1003 1444 441 2472 5531 4621 4528 3618 3460 3115 2071 1161 1413 503
1999 I 8597 7552 242 804 7458 6412 1139 1608 468 2562 6035 4990 4896 3850 3353 2973 2682 1636 1923 877 II 8594 7742 38 815 7428 6576 1166 1712 546 2541 6054 5201 4887 4035 3310 2980 2743 1891 1908 1055 III 8484 7826 ndash145 803 7298 6641 1185 1833 648 2592 5892 5234 4707 4049 3353 2791 2539 1882 1916 1258 IV 8576 8101 ndash293 767 7206 6731 1370 1920 550 2657 5919 5444 4549 4074 3480 3084 2439 1965 1465 990
2000 I 8405 7949 ndash252 709 7094 6638 1311 1975 664 2743 5662 5206 4351 3895 3667 3349 1996 1539 1002 546 II 8317 7871 ndash210 656 6932 6487 1385 2037 653 2731 5586 5140 4201 3755 3795 3554 1791 1345 647 202 III 8147 7628 ndash91 609 6702 6184 1445 1962 518 2547 5600 5081 4155 3637 3842 3666 1757 1239 489 ndash30 IV 7900 7451 ndash119 568 6216 5766 1685 2124 440 2583 5318 4868 3633 3183 3811 3369 1507 1057 264 ndash186
2001 I 7828 7485 ndash184 526 6227 5884 1601 1912 311 2245 5583 5240 3982 3640 3719 3263 1864 1521 719 376 II 8123 7637 ndash11 496 6413 5927 1710 1863 153 2166 5956 5471 4246 3761 3669 3099 2288 1802 1147 662 III 7650 6913 168 569 6184 5447 1466 1761 295 1950 5699 4962 4234 3497 3685 3416 2014 1277 818 81 IV 7766 6474 348 944 5755 4462 2012 1768 ndash244 1770 5996 4704 3984 2692 3764 3424 2232 939 560 ndash732
2002 I 8303 6843 290 1171 6716 5256 1587 1917 329 1793 6511 5050 4923 3463 3892 3460 2618 1158 1463 03 II 8520 7343 34 1142 7060 5884 1459 2023 564 1860 6660 5484 5201 4024 3990 3566 2670 1494 1635 459 III 8698 7835 ndash218 1080 7132 6270 1566 2172 607 1937 6760 5898 5195 4332 4042 3383 2718 1856 1811 949 IV 9367 8592 ndash209 984 7664 6889 1703 2064 361 2104 7263 6488 5560 4785 4046 3638 3218 2443 1922 1147
2003 I 9175 8586 ndash207 796 7683 7095 1491 2294 802 2315 6859 6271 5368 4779 4028 3335 2831 2242 2033 1444 II 9501 8482 53 966 7911 6892 1589 2362 773 2270 7231 6212 5641 4623 4098 4236 3133 2114 1406 387 III 9927 9104 ndash73 896 8296 7473 1631 2501 870 2472 7455 6632 5823 5001 4284 3945 3170 2348 1878 1055 IV 10509 9967 ndash225 767 8591 8049 1918 2810 892 2693 7816 7274 5898 5356 4584 4194 3232 2690 1703 1162
2004 I 11872 11373 ndash169 667 9740 9242 2132 3147 1015 2776 9096 8597 6964 6465 4961 4513 4135 3636 2452 1953 II 12269 12097 ndash384 556 10296 10124 1973 3231 1259 2982 9287 9115 7314 7142 5244 4474 4043 3871 2840 2668 III 12922 12810 ndash349 462 10770 10657 2152 3327 1175 3204 9718 9605 7566 7453 5395 4562 4323 4210 3004 2891 IV 12814 12897 ndash469 386 10870 10952 1944 3421 1477 3281 9533 9615 7589 7671 6413 5973 3120 3202 1616 1698
2005 I 14082 15811 ndash382 ndash1347 11740 13469 2342 3733 1391 4051 10031 11760 7689 9418 5341 4345 4690 6419 3344 5073 II 14290 15916 ndash182 ndash1445 11957 13584 2333 3746 1413 3956 10333 11960 8001 9627 5388 3736 4945 6572 4264 5891 III 14547 16414 ndash284 ndash1583 12017 13884 2529 3843 1313 4031 10516 12383 7987 9854 5597 2327 4920 6787 5659 7527 IV 15325 17465 ndash380 ndash1760 12952 15092 2374 4041 1668 4457 10868 13008 8494 10634 5967 1449 4900 7040 7045 9185
2006 I 15909 18153 ndash334 ndash1910 13440 15683 2469 4106 1636 4607 11302 13546 8833 11076 6464 5423 4839 7082 3410 5654 II 15977 18198 ndash484 ndash1737 13424 15645 2553 4360 1807 4751 11226 13447 8674 10894 6911 5657 4315 6536 3016 5237 III 16551 18651 ndash423 ndash1677 14041 16141 2510 4412 1902 4966 11585 13685 9075 11175 7271 6486 4314 6414 2588 4689 IV 15896 17907 ndash280 ndash1732 13154 15166 2741 4500 1759 4607 11288 13300 8547 10559 7545 7509 3743 5755 1038 3050
See the footnotes at the end of the table
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
212 GDP and Other Major NIPA Series August 2012
Table 5 Corporate Profits Taxes on Corporate Income and Profits After TaxmdashTable Ends [Billions of dollars quarterly estimates are seasonally adjusted at annual rates]
Year and quarter
Corporate profits before tax
Taxes on corporate income
Corporate profits after tax Net dividends Undistributed profits
National 1 Domestic industries 2 Rest of the world National 1 Domestic industries 2
National 1 Domestic 2
National 1 Domestic 2
Corporate profits
with IVA and
CCAdj
Corporate profits
before tax IVA CCAdj
Corporate profits
with IVA and
CCAdj
Profits before tax Total
Receipts from the rest of
the world
Less Payments to the rest
of the world
Profits after tax with IVA
and CCAdj
Profits after tax
Profits after tax with IVA
and CCAdj
Profits after tax
With IVA and
CCAdj
Without IVA and CCAdj
With IVA and
CCAdj
Without IVA and CCAdj
2007 I 15155 17386 ndash503 ndash1728 12275 14505 2880 4658 1778 4741 10414 12644 7533 9764 7565 6353 2849 5080 1180 3410 II 15653 17835 ndash348 ndash1833 12528 14710 3125 4987 1862 4679 10974 13156 7849 10031 8044 6482 2930 5112 1367 3548 III 15010 17151 ndash291 ndash1851 11271 13412 3739 5284 1546 4310 10700 12841 6961 9102 8097 6703 2602 4743 258 2399 IV 14608 17163 ndash748 ndash1807 10316 12872 4291 5495 1203 4088 10520 13075 6229 8784 8074 6450 2446 5001 ndash221 2334
2008 I 13600 15435 ndash1313 ndash523 9419 11254 4181 5995 1814 3552 10048 11883 5867 7702 8359 6093 1689 3524 ndash226 1609 II 13337 15524 ndash1554 ndash632 9150 11337 4187 6190 2003 3441 9897 12083 5710 7896 8034 6195 1863 4049 ndash485 1701 III 13286 14758 ndash727 ndash745 8892 10364 4394 6007 1613 3125 10161 11633 5767 7239 7805 6092 2355 3828 ndash325 1147 IV 9712 8680 1816 ndash784 6211 5179 3501 5083 1582 2243 7469 6437 3968 2936 7276 5874 192 ndash840 ndash1907 ndash2939
2009 I 11984 12253 814 ndash1082 8502 8770 3483 4590 1107 2149 9835 10103 6352 6621 6524 5557 3311 3579 796 1064 II 12433 13279 150 ndash996 9218 10064 3215 4611 1396 2405 10028 10874 6813 7659 5484 4643 4543 5389 2170 3016 III 14032 15169 ndash176 ndash961 10401 11538 3631 4998 1367 2850 11182 12319 7551 8688 5024 3582 6159 7295 3969 5106 IV 15245 16919 ndash662 ndash1013 11461 13136 3783 5549 1766 3370 11874 13549 8091 9765 5133 3909 6741 8416 4182 5856
2010 I 16480 17852 ndash272 ndash1100 12593 13964 3888 5585 1698 3511 12970 14341 9082 10454 5549 4509 7421 8793 4573 5945 II 16254 17553 ndash143 ndash1156 12171 13470 4083 5729 1646 3502 12752 14051 8669 9969 5858 4611 6894 8193 4058 5358 III 17475 18506 ndash260 ndash771 13431 14461 4044 5934 1890 3855 13621 14651 9576 10607 6181 5041 7440 8470 4536 5566 IV 17888 18742 ndash872 19 13840 14694 4048 6129 2081 4066 13823 14676 9775 10628 6450 5081 7373 8226 4694 5547
2011 I 17233 18011 ndash1217 439 13027 13805 4206 6269 2063 3987 13246 14025 9040 9818 6776 5324 6470 7249 3716 4495 II 18009 18397 ndash750 363 13647 14034 4363 6585 2223 3851 14158 14545 9796 10183 6875 5627 7284 7671 4169 4556 III 18305 18393 ndash406 317 13827 13916 4478 6502 2024 3620 14685 14773 10207 10296 7059 5589 7626 7714 4619 4707 IV 19531 19364 ndash129 296 15022 14855 4509 6452 1942 3704 15828 15661 11318 11151 7179 5622 8649 8482 5696 5529
2012 I 19001 21245 ndash237 ndash2007 14972 17216 4029 6315 2286 4536 14466 16709 10437 12680 7271 5819 7194 9437 4618 6861 II ndash2020 7511
1 National profits are profits earned globally by companies with headquarters in the United States they are a compo- BUSINESS 91 (March 2011) 22ndash27 nent of national income (see table 112) NIPAs National income and product accounts
2 Domestic profits are profits earned from operations within the United States by corporations headquartered IVA Inventory valuation adjustment anywhere in the world they are a component of gross domestic income (See table 110 and table 114) CCAdj Capital consumption adjustment
NOTE For additional information see Andrew W Hodge Comparing NIPA Profits With SampP Profits SURVEY OF CURRENT
![ECONOMIC SYSTEMS Economic Growth 1. Economic Growth [Increase in GDP or per capita GDP] 3% 3% annual growth will increase our standard of living. 1929-Per](https://img.pdfslide.us/doc/110x75/56649d165503460f949ec37c/economic-systems-economic-growth-1-economic-growth-increase-in-gdp-or-per.jpg)
![Nipa Books | Nipa Publications | Agriculture books …€¦ · Web viewPunica granatum (L.)] Manivannan, K. 9. Genetic Diversity in Mango [Magnifera indica (L.)] Manivannan, K. and](https://img.pdfslide.us/doc/110x75/5fd239f1234b2b44c320c043/nipa-books-nipa-publications-agriculture-books-web-view-punica-granatum-l.jpg)
