[Economic Indicators May, 2008] [Page Number 4] [From the U.S. Government Publishing Office, www.gpo.gov] NATIONAL INCOME [Billions of dollars; quarterly data at seasonally adjusted annual rates] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Proprietors' Corporate profits with inventory valuation and income \1\ capital consumption adjustments ----------------- Rental ------------------------------------------------- Current Compen- income of Profits with inventory Taxes Busi- surplus sation persons valuation adjustment and Capital Net interest on pro- Less: ness of gov- Period National of with without capital consumption con- and duc- Subsi- current ern- income employ- capital adjustment sump- miscellaneous tion dies trans- ment ees Farm Nonfarm consump- Total ------------------------------ tion pay- ments and im- fer pay- enter- tion Profits Inventory adjust- ports ments prises adjustment Total before valuation ment tax adjustment ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1998 ...................................... 7,752.8 5,019.4 29.4 598.4 137.5 801.6 738.5 718.3 20.2 63.1 487.1 639.8 35.4 64.7 10.3 1999 ...................................... 8,236.7 5,357.1 28.6 649.7 147.3 851.3 776.8 775.9 1.0 74.5 495.4 674.0 44.2 67.4 10.1 2000 ...................................... 8,795.2 5,782.7 22.7 705.7 150.3 817.9 759.3 773.4 -14.1 58.6 559.0 708.9 44.3 87.1 5.3 2001 ...................................... 8,979.8 5,942.1 19.7 752.2 167.4 767.3 719.2 707.9 11.3 48.1 566.3 728.6 55.3 92.8 -1.4 2002 ...................................... 9,229.3 6,091.2 10.6 757.8 152.9 886.3 766.2 768.4 -2.2 120.1 520.9 762.8 38.4 84.3 .9 2003 ...................................... 9,632.3 6,325.4 29.2 782.1 133.0 993.1 894.5 908.1 -13.6 98.7 524.7 807.2 47.9 83.8 1.7 2004 ...................................... 10,306.8 6,656.4 37.3 874.3 118.4 1,231.2 1,161.6 1,204.7 -43.1 69.7 491.2 863.8 44.6 83.0 -4.2 2005 ...................................... 10,887.6 7,029.6 30.8 939.1 42.9 1,372.8 1,543.4 1,579.6 -36.2 -170.6 558.0 921.6 58.5 66.5 -15.1 2006 ...................................... 11,655.6 7,448.3 19.4 987.4 54.5 1,553.7 1,769.5 1,805.8 -36.3 -215.8 598.5 967.3 49.7 90.2 -13.9 2007 r..................................... 12,228.0 7,881.1 36.2 1,006.4 65.4 1,595.2 1,830.5 1,876.7 -46.2 -235.3 602.6 1,008.5 47.1 94.2 -14.5 2004:III .................................. 10,317.8 6,709.7 33.0 881.1 105.5 1,218.7 1,159.7 1,199.3 -39.6 59.0 483.9 867.8 44.2 67.0 -4.7 IV .................................. 10,571.3 6,813.6 36.5 908.0 101.7 1,294.8 1,244.3 1,291.5 -47.2 50.5 491.8 885.5 47.6 93.6 -6.5 2005:I .................................... 10,768.5 6,890.5 30.1 918.6 87.6 1,376.7 1,513.0 1,558.3 -45.3 -136.3 534.0 899.5 54.3 94.3 -8.5 II .................................. 10,903.0 6,961.3 34.0 937.1 74.5 1,404.0 1,559.3 1,578.7 -19.4 -155.2 546.7 917.7 58.1 96.1 -10.4 III ................................. 10,714.6 7,088.5 30.9 936.2 -49.8 1,297.9 1,495.4 1,528.3 -32.9 -197.5 568.5 930.0 59.6 -.3 -27.7 IV .................................. 11,164.5 7,178.3 28.2 964.4 59.3 1,412.5 1,605.9 1,653.0 -47.0 -193.5 583.0 939.2 62.2 75.8 -13.9 2006:I .................................... 11,473.6 7,328.7 20.8 979.3 59.0 1,515.5 1,708.8 1,740.2 -31.4 -193.3 592.9 953.3 53.2 89.1 -11.7 II .................................. 11,618.7 7,371.9 14.6 998.9 55.4 1,575.5 1,784.6 1,842.3 -57.7 -209.1 611.0 965.9 49.7 88.6 -13.4 III ................................. 11,685.6 7,442.5 18.1 985.5 52.9 1,592.5 1,816.2 1,851.4 -35.2 -223.7 594.2 971.2 48.3 91.4 -14.5 IV .................................. 11,844.6 7,649.9 23.9 985.8 50.9 1,531.2 1,768.2 1,789.2 -21.0 -237.0 596.0 978.9 47.8 91.8 -16.0 2007:I .................................... 12,010.5 7,764.9 29.1 998.3 53.2 1,547.7 1,775.6 1,815.8 -40.2 -227.9 599.6 990.8 47.0 91.8 -17.8 II................................... 12,196.8 7,826.9 33.1 1,005.3 62.1 1,642.4 1,876.8 1,931.5 -54.7 -234.4 592.4 1,004.1 47.3 92.8 -15.0 III ................................. 12,296.0 7,907.7 38.6 1,010.0 68.4 1,621.9 1,859.4 1,879.7 -20.3 -237.4 599.3 1,014.4 46.6 94.4 -12.2 IV r................................. 12,408.9 8,025.0 43.8 1,012.1 77.8 1,569.0 1,810.5 1,879.9 -69.4 -241.5 619.0 1,024.8 47.5 97.9 -13.1 2008:I r................................... 12,507.2 8,110.8 37.4 1,018.4 78.9 1,574.2 1,647.9 1,746.6 -98.7 -73.8 614.9 1,034.2 48.4 101.1 -14.4 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\ With inventory valuation and capital consumption adjustments. Note.--Revisions include changes to series affected by revised wage and salary estimates for 2007: IV. Source: Department of Commerce, Bureau of Economic Analysis