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Economic Report of the President

Report - The American Presidency Project

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TABLE B-12.—Output, costs, and pr<strong>of</strong>its <strong>of</strong> nonfinancial corporate business, 1948-80[Quarterly data at seasonally adjusted annual rates]Year or quarterGross domesticnonfinancialcorporatebusiness (billions<strong>of</strong> dollars)Currentdollars1972dollarsTota!costandpr<strong>of</strong>it 2Current-dollar cost and pr<strong>of</strong>it per unit <strong>of</strong> output (dollars)'CapitalconsumptionallowanceswithcapitalconsumptionadjustmentIndirectbusinesstax,etc. 3Compensation<strong>of</strong>employeesNetinterestCorporate pr<strong>of</strong>its withinventory valuation andcapital consumptionadjustmentsTotalPr<strong>of</strong>itstaxliabilityPr<strong>of</strong>itsaftertax*19481949137.3133.5229.7219.90.598.6070.047.0530.053.0570.382.3880.004.0040.112.1040.051.0420.060.0621950 „19511952.19531954151.9174 5182.3195 0191.9247.5270.2275.2292.0283.4.614646.663668.677.051.054.057.058.063.057056.061062.061.383408.430.441.446.004.004.004.004.005.120124.110103.101.068079.065.063.055.051045.045040.04619551956195719581959 nil ;..'i ;.19601961196219631964216.72316242.3236.3266.0277.0285.0311.3331.8358.4315.1324.1328.3313.4347.4358.4367.2399.7426.3455.6.688715.738.754.766.773.776.779.778.787.061.067.073.079.074.075.075.071.069.068.061064.068.073.073.079.082.083.083.084.439.467.484.497.494.505.504.500.494.497.005.005.007.009.009.010.011.011.011.012.122111.106.097.116.104.104.114.120.127.064.062.058.052.060.054.053.052.053.053.057049.048.045.056.051.051.062.067.07419651966196719681969393 6431.5454.1500 2544.1495.2530.7543.0578.9604.0795.813.836864.901.066.067.072.074.078.083.081.084.089.096.497.515.538.558.594.012.014.016.017.022.137.136.127.127.112.055.056.051.058.055082.080.076.069.05719701971197219731974563 7609.9678.0759.4818.9599.6626.8678.0731.9708.2940.97310001.0381.156.087.091.092.093.112.106.113.113.114.127.631.641.659.692.786.028.029.028.031.042.088.099.107.107.090.045.047.049.055.059043.052.058.053.0301975197619771978 ...1979 '.ZZL1890.0100131,129.51,270.71,417.0694.2745.5799.0845.1873.31.2821.3431.4141.5041.623.137.141.146.153.169.140141.144.148.153.837.878.924.9961.092.044.040.042.044.052.124.144.158.163.157.059.071.074.080.080.065073.084.083.0771980 p1,533.9866.21.771.192.1761.197.065.142.071.0711978:ii...'.". .'...". ZZZ~"ZZ ""."ZZtilIV1,196.31,260.11,289.91,336.5821.8845.8849.8862.91.4561.4901.5181.549.151.150.155.157.148.148.148.149.970.9821.0041.025.043.043.044.045.144.167.168.172.069.081.081.087.075.086.086.0851979.1IIIllIV1,378.71,399.51,432.11,457.7874.7870.8874.3873.41.5761.6071.6381.669.161.168.172.175.150.151.154.1571.0521.0791.1041.135.047.050.053.056.167.159.154.146.081 .086.079 • .080.081 .074.078 .0671980:ii ..' .7.711"Ill1,502.11496 31,537.7878.2853.2860.41.71017541.787.180.192.196.161173.1811.1581.1931.203.060.064.067.151.132.141.085.061.070.066.071.0711 Output is measured by gross domestic product <strong>of</strong> nonfinancial corporate business in 1972 dollars.2 This is equal to <strong>the</strong> deflator for gross domestic product <strong>of</strong> nonfinancial corporate business with <strong>the</strong> decimal point shifted twoplaces to <strong>the</strong> left.3 Indirect business tax and nontax liability plus business transfer payments less subsidies.4 With inventory valuation and capital consumption adjustments.Source!: Department <strong>of</strong> Commerce, Bureau <strong>of</strong> <strong>Economic</strong> Analysis.247

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