[Economic Report of the President (2004)] [Administration of George W. Bush] [Online through the Government Printing Office, www.gpo.gov] CORPORATE PROFITS AND FINANCE Table B-90.--Corporate profits with inventory valuation and capital consumption adjustments, 1959-2003 [Billions of dollars; quarterly data at seasonally adjusted annual rates] ---------------------------------------------------------------------------------------------------------------- Corporate profits after tax with inventory valuation and capital Corporate consumption adjustments profits ------------------------------------ with Taxes on Undistributed Year or quarter inventory corporate profits with valuation income inventory and Total Net valuation and capital dividends capital consumption consumption adjustments adjustments ---------------------------------------------------------------------------------------------------------------- 1959............................................. 55.7 23.7 32.0 12.6 19.4 1960............................................. 53.8 22.8 31.0 13.4 17.6 1961............................................. 54.9 22.9 32.0 13.9 18.1 1962............................................. 63.3 24.1 39.2 15.0 24.1 1963............................................. 69.0 26.4 42.6 16.2 26.4 1964............................................. 76.5 28.2 48.3 18.2 30.1 1965............................................. 87.5 31.1 56.4 20.2 36.2 1966............................................. 93.2 33.9 59.3 20.7 38.7 1967............................................. 91.3 32.9 58.4 21.5 36.9 1968............................................. 98.8 39.6 59.2 23.5 35.6 1969............................................. 95.4 40.0 55.4 24.2 31.2 1970............................................. 83.6 34.8 48.9 24.3 24.6 1971............................................. 98.0 38.2 59.9 25.0 34.8 1972............................................. 112.1 42.3 69.7 26.8 42.9 1973............................................. 125.5 50.0 75.5 29.9 45.6 1974............................................. 115.8 52.8 63.0 33.2 29.8 1975............................................. 134.8 51.6 83.2 33.0 50.2 1976............................................. 163.3 65.3 98.1 39.0 59.0 1977............................................. 192.4 74.4 118.0 44.8 73.2 1978............................................. 216.6 84.9 131.8 50.8 81.0 1979............................................. 223.2 90.0 133.2 57.5 75.7 1980............................................. 201.1 87.2 113.9 64.1 49.9 1981............................................. 226.1 84.3 141.8 73.8 68.0 1982............................................. 209.7 66.5 143.2 77.7 65.4 1983............................................. 264.2 80.6 183.6 83.5 100.1 1984............................................. 318.6 97.5 221.1 90.8 130.3 1985............................................. 330.3 99.4 230.9 97.6 133.4 1986............................................. 319.5 109.7 209.8 106.2 103.7 1987............................................. 368.8 130.4 238.4 112.3 126.1 1988............................................. 432.6 141.6 291.0 129.9 161.1 1989............................................. 426.6 146.1 280.5 158.0 122.6 1990............................................. 437.8 145.4 292.4 169.1 123.3 1991............................................. 451.2 138.6 312.6 180.7 131.9 1992............................................. 479.3 148.7 330.6 187.9 142.7 1993............................................. 541.9 171.0 370.9 202.8 168.1 1994............................................. 600.3 193.7 406.5 234.7 171.8 1995............................................. 696.7 218.7 478.0 254.2 223.8 1996............................................. 786.2 231.7 554.5 297.6 256.9 1997............................................. 868.5 246.1 622.4 334.5 287.9 1998............................................. 801.6 248.3 553.3 351.6 201.7 1999............................................. 851.3 258.6 592.6 337.4 255.3 2000............................................. 817.9 265.2 552.7 377.9 174.8 2001............................................. 770.4 201.1 569.3 373.2 196.0 2002............................................. 904.2 195.0 709.1 398.3 310.8 1999: I.......................................... 844.2 251.0 593.2 339.9 253.2 II......................................... 849.3 256.5 592.9 333.4 259.4 III........................................ 842.3 260.2 582.1 334.2 247.9 IV......................................... 869.3 266.8 602.5 342.0 260.5 2000: I.......................................... 832.6 280.8 551.8 360.3 191.6 II......................................... 833.0 272.5 560.5 377.3 183.2 III........................................ 811.8 260.3 551.5 386.6 164.9 IV......................................... 794.3 247.1 547.2 387.6 159.6 2001: I.......................................... 755.8 219.1 536.7 380.0 156.6 II......................................... 748.6 217.2 531.4 371.5 159.9 III........................................ 713.6 198.2 515.5 368.7 146.8 IV......................................... 863.6 170.1 693.5 372.6 320.9 2002: I.......................................... 880.1 181.6 698.6 382.3 316.3 II......................................... 901.9 197.1 704.8 393.5 311.3 III........................................ 899.8 198.6 701.2 404.3 296.9 IV......................................... 934.9 202.9 732.0 413.1 318.9 2003: I.......................................... 927.1 213.9 713.2 420.3 292.9 II......................................... 1,022.8 211.4 811.3 427.5 383.8 III........................................ 1,124.2 230.6 893.7 434.3 459.3 ---------------------------------------------------------------------------------------------------------------- Source: Department of Commerce, Bureau of Economic Analysis.