Business Services Industry
7. Supplemental tables
Survey of Current Business, August, 2008
Table 7.1. Selected Per Capita Product and Income Series
in Current and Chained Dollars
[Dollars]
Line 2004 2005
Current dollars:
Gross domestic
product 1 39,796 41,913
Gross national
product 2 40,056 42,227
Personal income 3 33,126 34,651
Disposable
personal
income 4 29,563 30,576
Personal
consumption
expenditures 5 27,911 29,335
Durable goods 6 3,350 3,444
Nondurable
goods 7 7,981 8,483
Services 8 16,579 17,408
Chained (2000)
dollars:
Gross domestic
product 9 36,356 37,080
Gross national
product 10 36,595 37,359
Disposable
personal income 11 27,274 27,403
Personal
consumption
expenditures 12 25,750 26,290
Durable goods 13 3,694 3,828
Nondurable
goods 14 7,416 7,601
Services 15 14,681 14,917
Population
(midperiod,
thousands) 16 293,644 296,373
Seasonally
adjusted
at
annual
rates
2006 2007 2004
IV
Current dollars:
Gross domestic
product 44,046 45,707 40,541
Gross national
product 44,307 46,046 40,720
Personal income 36,744 38,609 34,017
Disposable
personal
income 32,222 33,667 30,316
Personal
consumption
expenditures 30,773 32,144 28,479
Durable goods 3,516 3,584 3,407
Nondurable
goods 8,975 9,378 8,175
Services 18,282 19,181 16,897
Chained (2000)
dollars:
Gross domestic
product 37,750 38,148 36,633
Gross national
product 37,976 38,432 36,796
Disposable
personal income 28,098 28,614 27,683
Personal
consumption
expenditures 26,835 27,319 26,005
Durable goods 3,961 4,113 3,766
Nondurable
goods 7,805 7,920 7,490
Services 15,140 15,380 14,797
Population
(midperiod,
thousands) 299,199 302,087 294,722
Seasonally adjusted at annual rates
2005
I II III IV
Current dollars:
Gross domestic
product 41,157 41,550 42,256 42,682
Gross national
product 41,504 41,861 42,603 42,932
Personal income 34,010 34,410 34,676 35,504
Disposable
personal
income 30,069 30,381 30,557 31,293
Personal
consumption
expenditures 28,716 29,093 29,628 29,899
Durable goods 3,408 3,491 3,501 3,377
Nondurable
goods 8,236 8,345 8,610 8,739
Services 17,071 17,257 17,517 17,783
Chained (2000)
dollars:
Gross domestic
product 36,825 36,984 37,241 37,269
Gross national
product 37,138 37,262 37,546 37,488
Disposable
personal income 27,292 27,401 27,245 27,673
Personal
consumption
expenditures 26,063 26,241 26,416 26,440
Durable goods 3,764 3,864 3,906 3,776
Nondurable
goods 7,519 7,581 7,617 7,686
Services 14,828 14,860 14,962 15,017
Population
(midperiod,
thousands) 295,342 295,969 296,719 297,462
Seasonally adjusted at annual rates
2006
I II III IV
Current dollars:
Gross domestic
product 43,474 43,960 44,229 44,515
Gross national
product 43,741 44,245 44,451 44,788
Personal income 36,168 36,527 36,907 37,372
Disposable
personal
income 31,753 32,038 32,380 32,712
Personal
consumption
expenditures 30,279 30,665 30,990 31,154
Durable goods 3,511 3,511 3,520 3,523
Nondurable
goods 8,820 8,975 9,101 9,002
Services 17,948 18,179 18,369 18,628
Chained (2000)
dollars:
Gross domestic
product 37,629 37,793 37,768 37,810
Gross national
product 37,861 38,039 37,957 38,044
Disposable
personal income 27,958 27,983 28,064 28,387
Personal
consumption
expenditures 26,660 26,783 26,860 27,035
Durable goods 3,935 3,944 3,967 3,998
Nondurable
goods 7,752 7,794 7,818 7,857
Services 15,044 15,114 15,147 15,254
Population
(midperiod,
thousands) 298,101 298,774 299,568 300,351
Seasonally adjusted at annual rates
2007
I II III IV
Current dollars:
Gross domestic
product 44,886 45,539 46,125 46,273
Gross national
product 45,127 45,736 46,496 46,819
Personal income 38,116 38,378 38,784 39,153
Disposable
personal
income 33,267 33,441 33,820 34,138
Personal
consumption
expenditures 31,644 32,014 32,288 32,625
Durable goods 3,577 3,598 3,591 3,572
Nondurable
goods 9,174 9,341 9,412 9,584
Services 18,893 19,075 19,285 19,469
Chained (2000)
dollars:
Gross domestic
product 37,733 38,093 38,438 38,324
Gross national
product 37,937 38,260 38,750 38,777
Disposable
personal income 28,630 28,523 28,669 28,636
Personal
consumption
expenditures 27,233 27,306 27,371 27,366
Durable goods 4,077 4,118 4,131 4,124
Nondurable
goods 7,907 7,928 7,931 7,915
Services 15,336 15,357 15,407 15,421
Population
(midperiod,
thousands) 301,004 301,667 302,452 303,225
Seasonally adjusted
at annual rates
2008
I II
Current dollars:
Gross domestic
product 46,569 46,815
Gross national
product 47,024 ...
Personal income 39,429 40,048
Disposable
personal
income 34,357 35,574
Personal
consumption
expenditures 32,917 33,312
Durable goods 3,525 3,477
Nondurable
goods 9,711 9,943
Services 19,681 19,892
Chained (2000)
dollars:
Gross domestic
product 38,326 38,422
Gross national
product 38,704 ...
Disposable
personal income 28,565 29,273
Personal
consumption
expenditures 27,367 27,411
Durable goods 4,071 4,031
Nondurable
goods 7,891 7,952
Services 15,482 15,491
Population
(midperiod,
thousands) 303,868 304,528
Table 7.2.1B. Percent Change from Preceding
Period in Real Motor Vehicle Output
[Percent]
Line 2004 2005
Motor vehicle output 1 4.0 3.8
Auto output 2 -0.2 11.2
Truck output 3 6.2 0.2
Final sales of domestic product 4 5.4 6.0
Personal consumption expenditures 5 1.5 -0.9
New motor vehicles 6 1.4 -1.8
Autos 7 1.2 4.6
Light trucks (including
utility vehicles) 8 1.4 -5.7
Net purchases of used autos
and used light trucks 9 1.7 1.2
Used autos 10 -0.4 1.3
Used light trucks (including
utility vehicles) 11 3.8 1.1
Private fixed Investment 12 19.0 18.5
New motor vehicles 13 13.1 11.2
Autos 14 1.9 5.8
Trucks 15 20.3 14.2
Light trucks (including
utility vehicles) 16 15.5 11.2
Other 17 37.0 22.7
Net purchases of used
autos and used light
trucks 18 4.3 -1.6
Used autos 19 4.3 0.0
Used light trucks (including
utility vehicles) 20 4.3 -3.3
Gross government investment 21 0.6 3.7
Autos 22 -1.6 8.9
Trucks 23 1.3 2.2
Net exports 24 ... ...
Exports 25 10.8 18.6
Autos 26 2.9 23.0
Trucks 27 18.3 15.0
Imports 28 5.0 1.0
Autos 29 0.2 -3.6
Trucks 30 10.3 5.6
Change in private inventories 31 ... ...
Autos 32 ... ...
New 33 ... ...
Domestic 34 ... ...
Foreign 35 ... ...
Used 36 ... ...
Trucks 37 ... ...
New 38 ... ...
Domestic 39 ... ...
Foreign 40 ... ...
Used 41 ... ...
Addenda:
Final sales of motor
vehicles to domestic
purchasers 42 4.9 3.6
Private fixed investment
in new autos and new
light trucks 43 9.3 8.9
Domestic output of new autos (2) 44 -2.5 11.0
Sales of imported new autos (3) 45 3.9 1.5
Seasonally adjusted
at annual rates
2006 2007 2004
IV
Motor vehicle output -0.9 -1.1 -9.6
Auto output 3.6 -1.8 12.4
Truck output -3.5 -0.7 -18.6
Final sales of domestic product -1.0 0.0 16.4
Personal consumption expenditures -3.1 2.1 5.0
New motor vehicles -5.4 0.9 2.0
Autos 2.3 -3.8 28.0
Light trucks (including
utility vehicles) -10.7 4.7 -11.0
Net purchases of used autos
and used light trucks 1.9 4.6 12.3
Used autos 0.0 -1.2 11.8
Used light trucks (including
utility vehicles) 3.9 10.2 12.7
Private fixed Investment 10.6 -15.6 30.4
New motor vehicles 8.2 -6.7 13.9
Autos 4.7 2.4 14.8
Trucks 9.9 -11.1 13.4
Light trucks (including
utility vehicles) 10.3 -0.3 4.2
Other 8.9 -36.7 44.1
Net purchases of used
autos and used light
trucks 3.1 13.5 -11.5
Used autos 1.2 7.9 -3.7
Used light trucks (including
utility vehicles) 5.0 19.0 -18.6
Gross government investment 8.5 2.3 -23.3
Autos 8.3 0.5 96.4
Trucks 8.5 2.8 -41.6
Net exports ... ... ...
Exports 10.9 22.7 6.0
Autos 16.4 32.0 38.7
Trucks 6.1 14.0 -13.9
Imports 9.0 -2.6 -8.1
Autos 10.7 -1.6 -20.9
Trucks 7.5 -3.6 7.4
Change in private inventories ... ... ...
Autos ... ... ...
New ... ... ...
Domestic ... ... ...
Foreign ... ... ...
Used ... ... ...
Trucks ... ... ...
New ... ... ...
Domestic ... ... ...
Foreign ... ... ...
Used ... ... ...
Addenda:
Final sales of motor
vehicles to domestic
purchasers 0.8 -3.0 9.7
Private fixed investment
in new autos and new
light trucks 8.0 0.8 8.4
Domestic output of new autos (2) 1.8 -3.3 14.3
Sales of imported new autos (3) 9.7 3.2 26.9
Seasonally adjusted
at annual rates
2005
I II III IV
Motor vehicle output 4.6 7.1 24.6 -31.0
Auto output 45.8 -13.3 10.9 8.0
Truck output -12.3 20.1 32.3 -46.2
Final sales of domestic product -5.9 17.4 17.6 -45.1
Personal consumption expenditures -9.5 17.9 4.8 -2.2
New motor vehicles -18.4 41.8 9.7 -55.0
Autos -9.3 25.7 12.1 -25.8
Light trucks (including
utility vehicles) -23.8 53.2 8.1 -8.5
Net purchases of used autos
and used light trucks 13.1 -22.1 -0.3 1.1
Used autos 11.8 -19.6 -0.3 1.6
Used light trucks (including
utility vehicles) 14.3 -24.5 -4.1 0.6
Private fixed Investment -8.4 13.7 43.3 -9.9
New motor vehicles -11.4 13.7 32.4 -7.3
Autos -10.8 -1.7 29.6 7.2
Trucks -11.7 22.4 33.7 -13.8
Light trucks (including
utility vehicles) -24.5 32.6 48.7 -19.3
Other 31.3 0.6 1.5 2.6
Net purchases of used
autos and used light
trucks -17.9 13.7 12.2 -1.7
Used autos -6.9 -5.9 9.2 27.6
Used light trucks (including
utility vehicles) -28.0 37.8 15.1 -24.6
Gross government investment 27.1 -12.8 85.7 -45.9
Autos 44.6 -47.7 46.6 -22.6
Trucks 21.6 2.8 98.6 -51.3
Net exports ... ... ... ...
Exports 34.7 -3.8 7.7 27.4
Autos 54.5 -8.7 6.4 46.3
Trucks 19.8 0.6 8.7 12.9
Imports -4.9 5.5 6.5 26.9
Autos -15.6 -3.1 10.0 24.1
Trucks 6.7 14.0 3.4 29.4
Change in private inventories ... ... ... ...
Autos ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used ... ... ... ...
Trucks ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used ... ... ... ...
Addenda:
Final sales of motor
vehicles to domestic
purchasers -8.3 15.9 15.3 -34.9
Private fixed investment
in new autos and new
light trucks -19.1 17.1 40.7 -9.4
Domestic output of new autos (2) 24.5 -0.2 13.2 19.8
Sales of imported new autos (3) -22.0 7.7 25.2 -2.4
Seasonally adjusted
at annual rates
2006
I II III IV
Motor vehicle output 20.2 -10.1 13.7 -19.0
Auto output 25.9 -17.1 -4.7 0.9
Truck output 16.8 -5.5 26.0 -29.0
Final sales of domestic product 30.5 -3.7 17.6 -9.9
Personal consumption expenditures 19.3 4.4 3.9 -1.1
New motor vehicles 23.0 5.9 4.5 -6.8
Autos 18.4 10.6 0.4 -15.8
Light trucks (including
utility vehicles) 26.7 2.2 7.8 1.0
Net purchases of used autos
and used light trucks 12.1 1.3 2.7 11.6
Used autos 6.6 3.3 -1.2 2.3
Used light trucks (including
utility vehicles) 18.0 -0.6 6.6 21.1
Private fixed Investment 54.3 -18.8 3.7 -8.1
New motor vehicles 39.9 -20.9 6.3 4.6
Autos 20.2 -25.8 3.7 12.2
Trucks 51.0 -18.5 7.5 1.1
Light trucks (including
utility vehicles) 59.3 -27.2 13.1 0.8
Other 32.2 8.0 -5.0 1.2
Net purchases of used
autos and used light
trucks 13.4 -25.6 12.1 37.9
Used autos -21.3 -11.3 19.8 33.2
Used light trucks (including
utility vehicles) 63.1 -7.1 4.9 42.9
Gross government investment -4.1 38.4 64.7 20.8
Autos 5.3 53.1 29.0 -6.4
Trucks -6.9 33.9 78.1 30.3
Net exports ... ... ... ...
Exports 18.5 -11.9 40.8 -15.1
Autos 23.6 -12.2 50.5 -2.1
Trucks 14.0 -11.5 32.3 -26.2
Imports 18.4 -1.1 -13.6 15.2
Autos 7.3 0.9 20.0 14.6
Trucks 29.1 -2.7 -36.4 15.9
Change in private inventories ... ... ... ...
Autos ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used ... ... ... ...
Trucks ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used ... ... ... ...
Addenda:
Final sales of motor
vehicles to domestic
purchasers 27.7 -2.1 5.4 -2.4
Private fixed investment
in new autos and new
light trucks 41.8 -26.6 9.2 5.3
Domestic output of new autos (2) 7.7 -21.0 1.6 -7.6
Sales of imported new autos (3) 18.7 4.8 9.1 4.2
Seasonally adjusted
at annual rates
2007
I II III IV
Motor vehicle output 3.8 4.6 17.3 -25.7
Auto output -3.3 -3.3 16.4 -9.1
Truck output 8.4 9.6 17.8 -34.3
Final sales of domestic product 2.6 0.1 -0.8 4.5
Personal consumption expenditures 10.2 1.1 -6.2 0.0
New motor vehicles 15.4 -2.7 -15.7 6.1
Autos -1.7 5.1 -22.9 25.5
Light trucks (including
utility vehicles) 30.0 -8.0 -9.9 -6.3
Net purchases of used autos
and used light trucks 0.4 9.3 8.1 -10.8
Used autos -3.5 -1.8 2.5 -11.2
Used light trucks (including
utility vehicles) 4.1 20.3 13.1 -10.4
Private fixed Investment -27.5 -28.5 2.8 -8.6
New motor vehicles -12.5 -21.0 12.3 -11.4
Autos 4.0 -3.7 15.8 -6.8
Trucks -19.8 -29.0 10.3 -14.0
Light trucks (including
utility vehicles) -0.7 -10.9 31.1 -16.2
Other -54.5 -5.6 -44.3 -3.8
Net purchases of used
autos and used light
trucks 26.7 -5.4 30.1 -15.8
Used autos 11.1 -12.8 19.1 -21.5
Used light trucks (including
utility vehicles) 44.0 2.1 40.8 -10.6
Gross government investment -53.1 -17.3 200.2 -15.0
Autos -27.6 22.7 -26.7 91.5
Trucks -58.8 -27.8 354.6 -31.5
Net exports ... ... ... ...
Exports 38.9 40.2 37.5 22.6
Autos 42.5 40.5 66.5 31.9
Trucks 35.3 39.8 11.8 12.7
Imports -9.9 -14.3 25.2 -11.1
Autos -31.5 -1.2 41.3 -16.4
Trucks 16.5 -24.8 11.3 -5.5
Change in private inventories ... ... ... ...
Autos ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used ... ... ... ...
Trucks ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used ... ... ... ...
Addenda:
Final sales of motor
vehicles to domestic
purchasers -4.3 -8.0 -1.7 -2.8
Private fixed investment
in new autos and new
light trucks 1.2 -8.0 24.5 -12.4
Domestic output of new autos (2) -8.1 -0.7 22.9 4.3
Sales of imported new autos (3) 3.2 6.5 -0.7 -1.3
Seasonally
adjusted at
annual rates
2008
I II
Motor vehicle output -14.2 -5.2
Auto output -3.9 -8.6
Truck output -20.2 -49.3
Final sales of domestic product -18.8 -6.9
Personal consumption expenditures -11.9 -21.2
New motor vehicles -20.9 -19.8
Autos -10.4 28.4
Light trucks (including
utility vehicles) -28.4 -48.0
Net purchases of used autos
and used light trucks 8.1 -23.8
Used autos 9.3 -24.3
Used light trucks (including
utility vehicles) 7.2 -23.4
Private fixed Investment -23.3 -0.4
New motor vehicles -17.0 -41.8
Autos -17.1 -20.8
Trucks -17.0 -51.9
Light trucks (including
utility vehicles) -15.4 -0.7
Other -23.5 3.2
Net purchases of used
autos and used light
trucks -5.9 -1.2
Used autos 13.6 6.1
Used light trucks (including
utility vehicles) -20.3 -7.5
Gross government investment -17.8 -26.4
Autos -31.0 -36.4
Trucks -13.5 -23.3
Net exports ... ...
Exports -10.9 -4.5
Autos 6.4 11.3
Trucks -28.3 -22.4
Imports -2.6 -9.2
Autos 7.4 -0.1
Trucks -12.1 -18.0
Change in private inventories ... ...
Autos ... ...
New ... ...
Domestic ... ...
Foreign ... ...
Used ... ...
Trucks ... ...
New ... ...
Domestic ... ...
Foreign ... ...
Used ... ...
Addenda:
Final sales of motor
vehicles to domestic
purchasers -15.0 -2.6
Private fixed investment
in new autos and new
light trucks -16.1 -46.6
Domestic output of new autos (2) -0.8 -21.7
Sales of imported new autos (3) -20.2 40.8
(1.) Consists of used light trucks only.
(2.) Consists of final sales and change in private inventories
of new autos assembled in the United States.
(3.) Consists of personal consumption expenditures, private
fixed investment, and gross government investment.
Table 7.2.3B. Real Motor Vehicle Output, Quantity Indexes
[Index numbers, 2000=100]
Line 2004 2005
Motor vehicle output 1 111.931 116.227
Auto output 2 89.096 99.075
Truck output 3 128.280 128.549
Final sales of domestic product 4 114.000 120.854
Personal consumption
expenditures 5 118.188 117.093
New motor vehicles 6 126.515 124.191
Autos 7 98.365 102.896
Light trucks (including
utility vehicles) 8 152.958 144.175
Net purchases of used
autos and used
light trucks 9 102.504 103.748
Used autos 10 92.421 93.655
Used light trucks
(including
utility vehicles) 11 114.749 116.001
Private fixed investment 12 90.526 107.281
New motor vehicles 13 94.849 105.482
Autos 14 85.477 90.429
Trucks 15 100.917 115.199
Light trucks
(including utility
vehicles) 16 104.079 115.689
Other 17 91.679 112.449
Net purchases of
used autos and
used light trucks 18 100.171 98.536
Used autos 19 92.733 92.754
Used light
trucks (including
utility vehicles) 20 108.598 105.057
Gross government
investment 21 111.673 115.855
Autos 22 94.446 102.841
Trucks 23 118.204 120.862
Net exports 24 ... ...
Exports 25 105.723 156.911
Autos 26 129.433 159.213
Trucks 27 134.472 154.689
Imports 28 107.932 109.052
Autos 29 100.221 96.650
Trucks 30 116.993 123.584
Change in private
inventories 31 ... ...
Autos 32 ... ...
New 33 ... ...
Domestic 34 ... ...
Foreign 35 ... ...
Used ... ...
Trucks 37 ... ...
New 38 ... ...
Domestic 39 ... ...
Foreign 40 ... ...
Used (1) 41 ... ...
Addenda:
Final sales of
motor vehicles to
domestic purchasers 42 111.160 115.214
Private fixed
investment in new autos
and new light trucks 43 95.267 103.732
Domestic output of
new autos (2) 44 82.827 91.919
Sales of imported
new autos (3) 45 108.578 110.208
2004
2006 2007 IV
Motor vehicle output 115.156 113.904 112.904
Auto output 102.678 100.871 90.958
Truck output 124.114 123.268 128.626
Final sales of domestic product 119.588 119.594 120.970
Personal consumption
expenditures 113.422 115.840 119.612
New motor vehicles 117.461 118.554 126.785
Autos 105.304 101.340 101.380
Light trucks (including
utility vehicles) 128.713 134.736 150.654
Net purchases of used
autos and used
light trucks 105.765 110.623 106.158
Used autos 93.658 92.577 95.768
Used light trucks
(including
utility vehicles) 120.518 132.777 118.781
Private fixed investment 118.694 100.189 102.882
New motor vehicles 114.097 106.460 102.871
Autos 94.689 96.977 89.914
Trucks 126.619 112.570 111.246
Light trucks
(including utility
vehicles) 127.616 127.170 113.318
Other 122.500 77.587 104.567
Net purchases of
used autos and
used light trucks 101.551 115.249 99.697
Used autos 93.832 101.215 92.983
Used light
trucks (including
utility vehicles) 110.302 131.278 107.297
Gross government
investment 125.659 128.541 107.441
Autos 111.390 111.978 102.395
Trucks 131.145 134.864 109.583
Net exports ... ... ...
Exports 174.003 213.573 143.120
Autos 185.315 244.559 140.631
Trucks 164.165 187.144 145.007
Imports 118.874 115.740 106.810
Autos 106.944 105.268 98.844
Trucks 132.872 128.049 116.171
Change in private
inventories ... ... ...
Autos ... ... ...
New ... ... ...
Domestic ... ... ...
Foreign ... ... ...
Used ... ... ...
Trucks ... ... ...
New ... ... ...
Domestic ... ... ...
Foreign ... ... ...
Used (1) ... ... ...
Addenda:
Final sales of
motor vehicles to
domestic purchasers 116.103 112.677 115.488
Private fixed
investment in new autos
and new light trucks 112.014 112.884 102.239
Domestic output of
new autos (2) 93.528 90.459 85.533
Sales of imported
new autos (3) 120.915 124.797 112.572
2005
I II III IV
Motor vehicle output 114.183 116.156 122.726 111.843
Auto output 99.950 96.454 98.988 100.910
Truck output 124.462 130.304 139.736 119.695
Final sales of domestic product 119.138 124.006 129.132 111.138
Personal consumption
expenditures 116.648 121.542 122.962 107.220
New motor vehicles 120.499 131.492 134.557 110.216
Autos 98.946 104.777 107.811 100.052
Light trucks (including
utility vehicles) 140.775 156.618 159.707 119.602
Net purchases of used
autos and used
light trucks 109.467 102.851 101.201 101.474
Used autos 98.485 93.263 91.254 91.618
Used light trucks
(including
utility vehicles) 122.815 114.480 113.275 113.434
Private fixed investment 100.657 103.942 113.731 110.793
New motor vehicles 99.810 103.077 110.559 108.484
Autos 87.384 87.013 92.849 94.470
Trucks 107.846 113.440 121.981 117.527
Light trucks
(including utility
vehicles) 105.626 113.352 125.163 118.617
Other 111.937 112.109 112.515 113.235
Net purchases of
used autos and
used light trucks 94.890 97.987 100.846 100.422
Used autos 91.335 89.962 91.968 97.750
Used light
trucks (including
utility vehicles) 98.845 107.094 110.930 103.360
Gross government
investment 114.087 110.251 128.696 110.385
Autos 112.280 95.484 105.062 98.537
Trucks 115.069 115.876 137.564 114.938
Net exports ... ... ... ...
Exports 154.177 152.689 155.533 165.244
Autos 156.790 153.244 155.637 171.181
Trucks 151.719 151.949 155.156 159.931
Imports 105.480 106.895 108.586 115.245
Autos 94.737 93.995 96.260 101.608
Trucks 118.082 122.007 123.030 131.216
Change in private
inventories ... ... ... ...
Autos ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used ... ... ... ...
Trucks ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used (1) ... ... ... ...
Addenda:
Final sales of
motor vehicles to
domestic purchasers 113.005 117.247 121.492 109.113
Private fixed
investment in new autos
and new light trucks 96.976 100.886 109.868 107.198
Domestic output of
new autos (2) 90.354 89.155 91.960 96.209
Sales of imported
new autos (3) 105.782 107.762 113.994 113.292
2006
I II III IV
Motor vehicle output 117.111 114.050 117.761 111.701
Auto output 106.899 102.006 100.787 101.020
Truck output 124.433 122.699 129.986 119.338
Final sales of domestic product 118.785 117.661 122.533 119.370
Personal consumption
expenditures 112.054 113.263 114.342 114.031
New motor vehicles 116.073 117.752 119.042 116.976
Autos 104.369 107.042 107.152 102.652
Light trucks (including
utility vehicles) 126.896 127.601 130.019 130.336
Net purchases of used
autos and used
light trucks 104.425 104.772 105.468 108.393
Used autos 93.094 93.854 93.572 94.112
Used light trucks
(including
utility vehicles) 118.219 118.049 119.958 125.845
Private fixed investment 123.491 117.213 118.276 115.796
New motor vehicles 117.979 111.246 112.946 114.217
Autos 98.922 91.821 92.649 95.364
Trucks 130.272 123.778 126.044 126.383
Light trucks
(including utility
vehicles) 133.251 123.081 126.935 127.197
Other 121.431 123.777 122.212 122.578
Net purchases of
used autos and
used light trucks 103.619 96.236 99.030 107.321
Used autos 92.065 89.347 93.481 100.433
Used light
trucks (including
utility vehicles) 116.799 104.035 105.277 115.097
Gross government
investment 109.232 118.473 134.214 140.717
Autos 99.819 111.029 118.321 116.392
Trucks 112.907 121.461 140.309 149.903
Net exports ... ... ... ...
Exports 172.400 167.036 181.947 174.631
Autos 180.508 174.718 193.531 192.503
Trucks 165.255 160.263 171.865 159.277
Imports 120.221 119.902 115.600 119.773
Autos 103.412 103.648 108.485 112.233
Trucks 139.866 138.903 124.025 128.696
Change in private
inventories ... ... ... ...
Autos ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used ... ... ... ...
Trucks ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used (1) ... ... ... ...
Addenda:
Final sales of
motor vehicles to
domestic purchasers 115.993 115.367 116.881 116.170
Private fixed
investment in new autos
and new light trucks 116.987 108.271 110.678 112.122
Domestic output of
new autos (2) 98.001 92.393 92.764 90.952
Sales of imported
new autos (3) 118.247 119.638 122.259 123.517
2007
I II III IV
Motor vehicle output 112.751 114.036 118.665 110.163
Auto output 100.185 99.356 103.191 100.751
Truck output 121.768 124.605 129.810 116.888
Final sales of domestic product 120.145 120.165 118.378 119.686
Personal consumption
expenditures 116.844 117.169 114.674 114.675
New motor vehicles 121.240 120.427 115.410 117.140
Autos 102.218 103.504 96.989 102.650
Light trucks (including
utility vehicles) 139.182 136.312 132.796 130.655
Net purchases of used
autos and used
light trucks 108.499 110.942 113.115 109.937
Used autos 93.280 92.869 93.442 90.717
Used light trucks
(including
utility vehicles) 127.123 133.127 137.295 133.561
Private fixed investment 106.833 98.253 98.934 96.734
New motor vehicles 110.463 104.156 107.210 104.012
Autos 96.303 95.397 98.967 97.240
Trucks 119.596 109.797 112.517 108.369
Light trucks
(including utility
vehicles) 126.986 123.375 132.008 126.311
Other 100.663 77.110 66.613 65.964
Net purchases of
used autos and
used light trucks 113.865 112.306 119.944 114.881
Used autos 103.122 99.650 104.106 97.983
Used light
trucks (including
utility vehicles) 126.088 126.746 138.054 134.225
Gross government
investment 116.479 111.085 146.217 140.382
Autos 107.363 113.006 104.551 122.991
Trucks 120.075 110.701 161.646 147.035
Net exports ... ... ... ...
Exports 189.587 206.291 223.368 235.045
Autos 210.316 228.992 260.135 278.792
Trucks 171.796 186.808 192.078 197.894
Imports 116.678 112.254 118.738 115.292
Autos 102.110 101.812 111.007 106.143
Trucks 133.708 124.520 127.889 126.080
Change in private
inventories ... ... ... ...
Autos ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used ... ... ... ...
Trucks ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used (1) ... ... ... ...
Addenda:
Final sales of
motor vehicles to
domestic purchasers 114.896 112.526 112.038 111.247
Private fixed
investment in new autos
and new light trucks 112.464 110.150 116.357 112.564
Domestic output of
new autos (2) 89.042 87.519 92.148 93.127
Sales of imported
new autos (3) 124.503 126.476 124.306 123.901
2008
I II
Motor vehicle output 106.030 95.122
Auto output 99.746 97.519
Truck output 110.483 93.206
Final sales of domestic product 113.613 101.259
Personal consumption
expenditures 111.109 104.675
New motor vehicles 110.459 104.531
Autos 99.882 106.332
Light trucks (including
utility vehicles) 120.174 102.060
Net purchases of used
autos and used
light trucks 112.107 104.750
Used autos 92.747 86.525
Used light trucks
(including
utility vehicles) 135.897 127.154
Private fixed investment 90.513 71.813
New motor vehicles 99.266 86.701
Autos 92.789 87.532
Trucks 103.433 86.143
Light trucks
(including utility
vehicles) 121.135 95.882
Other 61.695 62.186
Net purchases of
used autos and
used light trucks 113.153 112.818
Used autos 101.164 102.681
Used light
trucks (including
utility vehicles) 126.830 124.367
Gross government
investment 133.665 123.819
Autos 112.084 100.093
Trucks 141.795 132.702
Net exports ... ...
Exports 228.382 225.780
Autos 283.120 290.813
Trucks 182.075 170.911
Imports 114.477 111.733
Autos 108.056 108.030
Trucks 122.092 116.181
Change in private
inventories ... ...
Autos ... ...
New ... ...
Domestic ... ...
Foreign ... ...
Used ... ...
Trucks ... ...
New ... ...
Domestic ... ...
Foreign ... ...
Used (1) ... ...
Addenda:
Final sales of
motor vehicles to
domestic purchasers 106.813 96.778
Private fixed
investment in new autos
and new light trucks 107.726 92.100
Domestic output of
new autos (2) 92.936 87.433
Sales of imported
new autos (3) 117.123 127.591
(1.) Consists of used light trucks only.
(2.) Consists of final sales and change in private
inventories of new autos assembled in the United States.
(3.) Consists of personal consumption expenditures,
private fixed investment, and gross government investment.
Table 7.2.4B. Price Indexes for Motor Vehicle Output
[Index numbers, 2000=100]
Line 2004 2005
Motor vehicle output 1 96.503 97.512
Auto output 2 96.451 97.857
Truck output 3 96.365 97.168
Final sales of domestic product 4 96.449 97.450
Personal consumption
expenditures 5 95.605 97.087
New motor vehicles 6 95.682 96.175
Autos 7 95.842 96.752
Light trucks (including
utility vehicles) 8 95.526 95.754
Net purchases of used autos
and Used light trucks 9 95.093 98.885
Used autos 10 96.870 100.683
Used light trucks
(including utility
vehicles) 11 93.246 97.014
Private fixed Investment 12 106.981 106.101
New motor vehicles 13 96.933 97.934
Autos 14 95.841 96.762
Trucks 15 97.587 98.631
Light trucks (including
utility vehicles) 16 95.518 95.686
Other 17 104.593 108.280
Net purchases of used
autos and used
light trucks 18 84.072 88.022
Used autos 19 84.927 88.854
Used light trucks
(including utility
vehicles) 20 83.234 87.208
Gross government investment 21 101.883 103.614
Autos 22 99.141 99.691
Trucks 23 102.726 104.827
Net exports 24 ... ...
Exports 25 105.723 107.262
Autos 26 103.988 104.803
Trucks 27 107.449 109.626
Imports 28 103.817 104.770
Autos 29 103.080 103.680
Trucks 30 104.657 105.954
Change in private inventories 31 ... ...
Autos 32 ... ...
New 33 ... ...
Domestic 34 ... ...
Foreign 35 ... ...
Used 36 ... ...
Trucks 37 ... ...
New 38 ... ...
Domestic 39 ... ...
Foreign 40 ... ...
Used (1) ... ...
Addenda:
Final sales of motor vehicles to
domestic purchasers 42 97.902 98.852
Private fixed investment in
new autos and new light trucks 43 95.718 96.200
Domestic output of new autos (2) 44 97.214 98.014
Sales of imported new autos (3) 45 95.844 96.759
Seasonally
adjusted
2006 2007 2004
IV
Motor vehicle output 97.526 96.738 96.814
Auto output 99.319 98.795 96.578
Truck output 96.366 95.425 96.767
Final sales of domestic product 97.409 96.659 96.749
Personal consumption
expenditures 97.020 95.663 96.343
New motor vehicles 95.596 94.607 95.815
Autos 97.619 97.214 96.028
Light trucks (including
utility vehicles) 94.140 92.723 95.623
Net purchases of used autos
and Used light trucks 99.957 98.447 97.256
Used autos 101.852 100.575 98.9B6
Used light trucks
(including utility
vehicles) 97.992 96.282 95.447
Private fixed Investment 106.211 107.595 105.898
New motor vehicles 98.062 97.801 97.345
Autos 97.619 97.214 96.023
Trucks 98.395 98.205 98.117
Light trucks (including
utility vehicles) 94.161 92.726 95.607
Other 111.753 116.038 106.550
Net purchases of used
autos and used
light trucks 88.190 85.319 86.478
Used autos 89.108 86.343 87.300
Used light trucks
(including utility
vehicles) 87.290 84.324 85.670
Gross government investment 105.433 107.837 102.433
Autos 101.915 103.554 97.778
Trucks 106.514 109.162 103.852
Net exports ... ... ...
Exports 107.970 108.926 106.781
Autos 105.471 106.099 104.434
Trucks 110.373 111.676 108.913
Imports 105.214 106.226 104.538
Autos 103.823 104.763 103.808
Trucks 106.683 107.765 105.363
Change in private inventories ... ... ...
Autos ... ... ...
New ... ... ...
Domestic ... ... ...
Foreign ... ... ...
Used ... ... ...
Trucks ... ... ...
New ... ... ...
Domestic ... ... ...
Foreign ... ... ...
Used (1) ... ... ...
Addenda:
Final sales of motor vehicles to
domestic purchasers 98.883 98.471 98.266
Private fixed investment in
new autos and new light trucks 95.635 94.612 95.853
Domestic output of new autos (2) 98.809 98.814 97.404
Sales of imported new autos (3) 97.620 97.215 96.022
Seasonally adjusted
2005
I II III IV
Motor vehicle output 98.297 98.107 96.390 97.256
Auto output 98.284 98.131 96.643 98.371
Truck output 98.138 97.932 96.104 96.498
Final sales of domestic product 98.235 98.046 96.335 97.185
Personal consumption
expenditures 97.451 97.497 96.502 96.898
New motor vehicles 96.849 96.697 95.304 95.849
Autos 96.803 96.893 96.203 97.110
Light trucks (including
utility vehicles) 96.814 96.506 94.672 94.967
Net purchases of used autos
and Used light trucks 98.507 96.996 98.999 99.039
Used autos 100.699 100.671 100.246 101.114
Used light trucks
(including utility
vehicles) 96.253 97.242 97.662 96.900
Private fixed Investment 107.391 106.866 104.182 105.965
New motor vehicles 98.292 98.265 97.265 97.913
Autos 96.809 96.904 96.215 97.120
Trucks 99.148 99.057 97.901 98.420
Light trucks (including
utility vehicles) 96.757 96.453 94.598 94.934
Other 107.235 107.702 108.570 109.615
Net purchases of used
autos and used
light trucks 86.772 87.618 89.503 88.196
Used autos 87.629 88.513 90.286 88.987
Used light trucks
(including utility
vehicles) 85.935 86.743 88.735 87.421
Gross government investment 103.373 103.412 103.262 104.408
Autos 99.120 99.236 99.312 101.095
Trucks 104.675 104.701 104.491 105.441
Net exports ... ... ... ...
Exports 107.048 107.084 107.275 107.641
Autos 104.598 104.564 104.736 105.266
Trucks 109.347 109.480 109.713 109.945
Imports 104.411 104.651 104.834 105.185
Autos 103.508 103.542 103.709 103.942
Trucks 105.397 105.830 106.031 106.499
Change in private inventories ... ... ... ...
Autos ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used ... ... ... ...
Trucks ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used (1) ... ... ... ...
Addenda:
Final sales of motor vehicles to
domestic purchasers 99.421 99.326 97.952 98.710
Private fixed investment in
new autos and new light trucks 96.854 96.717 95.330 95.898
Domestic output of new autos (2) 98.062 98.098 97.528 98.369
Sales of imported new autos (3) 96.810 96.902 96.210 97.116
Seasonally adjusted
2006
I II III IV
Motor vehicle output 97.951 97.690 97.383 97.081
Auto output 99.588 99.023 99.358 99.306
Truck output 96.876 96.793 96.121 95.673
Final sales of domestic product 97.844 97.573 97.277 96.941
Personal consumption
expenditures 97.395 97.261 97.140 96.284
New motor vehicles 96.039 95.729 95.578 95.036
Autos 97.643 97.453 97.785 97.594
Light trucks (including
utility vehicles) 94.907 94.510 93.988 93.184
Net purchases of used autos
and Used light trucks 100.181 100.423 100.372 98.854
Used autos 102.233 102.025 102.189 100.962
Used light trucks
(including utility
vehicles) 98.061 98.729 98.478 96.698
Private fixed Investment 106.462 105.999 105.514 106.869
New motor vehicles 98.142 98.159 98.074 97.872
Autos 97.645 97.453 97.788 97.590
Trucks 98.503 98.621 98.331 98.124
Light trucks (including
utility vehicles) 94.903 94.523 93.999 93.219
Other 109.970 111.556 111.977 113.508
Net purchases of used
autos and used
light trucks 87.862 88.804 89.511 86.582
Used autos 88.814 89.761 90.346 87.512
Used light trucks
(including utility
vehicles) 86.927 87.865 88.696 85.673
Gross government investment 104.682 105.227 105.312 106.510
Autos 101.510 101.336 101.523 103.289
Trucks 105.656 106.437 106.476 107.488
Net exports ... ... ... ...
Exports 107.712 107.804 107.904 108.461
Autos 105.298 105.298 105.430 105.831
Trucks 110.040 110.215 110.277 110.983
Imports 105.053 105.081 105.178 105.545
Autos 103.642 103.742 103.742 104.142
Trucks 106.531 106.501 106.696 107.032
Change in private inventories ... ... ... ...
Autos ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used ... ... ... ...
Trucks ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used (1) ... ... ... ...
Addenda:
Final sales of motor vehicles to
domestic purchasers 99.202 98.993 98.777 98.561
Private fixed investment in
new autos and new light trucks 96.092 95.788 95.605 95.056
Domestic output of new autos (2) 98.820 98.663 98.964 98.789
Sales of imported new autos (3) 97.645 97.455 97.787 97.593
Seasonally adjusted
2007
I II III IV
Motor vehicle output 96.887 96.940 96.803 96.322
Auto output 99.146 99.047 98.907 98.079
Truck output 95.459 95.598 95.460 95.185
Final sales of domestic product 96.777 96.858 96.731 96.268
Personal consumption
expenditures 95.736 95.725 96.034 95.957
New motor vehicles 94.707 94.675 94.571 94.475
Autos 97.290 97.267 97.237 97.061
Light trucks (including
utility vehicles) 92.836 92.798 92.644 92.604
Net purchases of used autos
and Used light trucks 97.853 97.893 99.040 99.003
Used autos 99.964 100.035 101.192 101.109
Used light trucks
(including utility
vehicles) 95.703 95.718 96.852 96.855
Private fixed Investment 107.884 108.345 107.167 106.983
New motor vehicles 97.699 97.917 97.839 97.751
Autos 97.289 97.268 97.237 97.061
Trucks 98.008 98.353 98.248 96.210
Light trucks (including
utility vehicles) 92.846 92.805 92.648 92.605
Other 114.418 116.388 116.651 116.693
Net purchases of used
autos and used
light trucks 84.645 84.573 86.002 86.054
Used autos 85.690 85.625 87.001 87.056
Used light trucks
(including utility
vehicles) 83.630 83.555 85.030 85.079
Gross government investment 107.126 107.878 108.386 107.959
Autos 103.452 102.719 104.957 103.091
Trucks 108.231 109.510 109.468 109.439
Net exports ... ... ... ...
Exports 108.567 108.783 109.007 109.345
Autos 105.898 105.998 106.031 106.398
Trucks 111.115 111.448 111.882 112.179
Imports 105.600 105.850 106.200 107.253
Autos 104.009 104.276 104.742 105.978
Trucks 107.264 107.497 107.730 108.596
Change in private inventories ... ... ... ...
Autos ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used ... ... ... ...
Trucks ... ... ... ...
New ... ... ... ...
Domestic ... ... ... ...
Foreign ... ... ... ...
Used (1) ... ... ... ...
Addenda:
Final sales of motor vehicles to
domestic purchasers 98.429 98.543 98.513 98.398
Private fixed investment in
new autos and new light trucks 94.713 94.681 94.574 94.478
Domestic output of new autos (2) 98.658 98.953 98.814 98.831
Sales of imported new autos (3) 97.291 97.270 97.238 97.063
Seasonally
adjusted
2008
I II
Motor vehicle output 95.413 94.701
Auto output 97.100 97.545
Truck output 94.318 92.811
Final sales of domestic product 95.406 94.758
Personal consumption
expenditures 95.456 94.911
New motor vehicles 94.021 93.632
Autos 96.668 96.806
Light trucks (including
utility vehicles) 92.103 91.255
Net purchases of used autos
and Used light trucks 98.408 97.565
Used autos 101.066 101.415
Used light trucks
(including utility
vehicles) 95.812 93.997
Private fixed Investment 106.086 105.744
New motor vehicles 97.452 97.093
Autos 96.667 96.795
Trucks 97.967 97.304
Light trucks (including
utility vehicles) 92.103 91.260
Other 117.870 118.132
Net purchases of used
autos and used
light trucks 86.526 86.158
Used autos 87.321 86.717
Used light trucks
(including utility
vehicles) 85.730 85.578
Gross government investment 108.444 109.005
Autos 103.354 106.212
Trucks 109.993 109.880
Net exports ... ...
Exports 109.530 109.833
Autos 106.493 106.630
Trucks 112.478 113.017
Imports 107.879 108.220
Autos 106.905 107.040
Trucks 108.914 109.478
Change in private inventories ... ...
Autos ... ...
New ... ...
Domestic ... ...
Foreign ... ...
Used ... ...
Trucks ... ...
New ... ...
Domestic ... ...
Foreign ... ...
Used (1) ... ...
Addenda:
Final sales of motor vehicles to
domestic purchasers 97.845 97.381
Private fixed investment in
new autos and new light trucks 94.020 93.591
Domestic output of new autos (2) 98.497 98.636
Sales of imported new autos (3) 96.669 96.805
(1.) Consists of used light trucks only.
(2.) Consists of final sales and change in private inventories
of new autos assembled in the United States.
(3.) Consists of personal consumption expenditures, private
fixed investment, and gross government investment.
Table 7.2.5B. Motor Vehicle Output
[Billions of dollars]
Line 2004 2005 2006 2007
Motor vehicle output 1 394.2 413.7 409.9 402.2
Auto output 2 129.8 146.5 154.1 150.6
Truck output 3 264.4 267.2 255.8 251.6
Final sales of domestic
product 4 389.7 417.4 412.9 409.7
Personal consumption 5 367.8 370.0 358.2 361.5
expenditures
New motor vehicles 6 259.3 255.9 240.6 240.3
Autos 7 97.7 103.1 106.5 102.0
Light trucks
(including utility
vehicles) 8 161.7 152.8 134.1 138.3
Net purchases of used
autos and used
light trucks 9 108.4 114.1 117.6 121.2
Used autos 10 54.3 57.2 57.9 56.5
Used light trucks
(including utility
vehicles) 11 54.1 56.9 59.8 64.7
Private fixed investment 12 114.5 134.6 149.1 127.5
New motor vehicles 13 177.8 199.8 216.4 201.3
Autos 14 62.6 66.8 70.6 72.0
Trucks 15 115.2 132.9 145.7 129.3
Light trucks
(including
utility
vehicles) 16 85.6 95.3 103.4 101.5
Other 17 29.6 37.6 42.3 27.8
Net purchases of used
autos and used
light trucks 18 -3.3 -65.1 -67.3 -73.9
Used autos 19 -31.4 -32.9 -33.3 -34.8
Used light trucks
(including utility
vehicles) 20 -31.9 -32.3 -33.9 -9.0
Gross government
investment 21 14.1 14.9 16.4 17.2
Autos 22 3.2 3.5 3.9 4.0
Trucks 23 10.9 11.4 12.5 13.2
Net exports 24 -106.7 -102.1 -110.8 -96.4
Exports 25 36.5 44.0 49.1 60.8
Autos 26 16.5 20.4 23.9 31.7
Trucks 27 20.1 23.6 25.2 29.0
Imports 28 143.2 146.1 159.9 157.2
Autos 29 71.7 69.6 77.1 76.6
Trucks 30 71.5 76.5 82.8 80.6
Change in private
inventories 31 4.5 -0.8 -3.0 -7.5
Autos 32 -1.3 -2.2 1.7 -4.2
New 33 -1.8 -1.1 3.4 -3.2
Domestic 34 -0.8 -0.6 2.1 -2.3
Foreign 35 -1.0 -0.5 1.3 -0.8
Used 36 0.5 -1.0 -1.7 -1.1
Trucks 37 5.8 -1.6 -4.7 -3.3
New 38 5.3 -0.1 -2.8 -3.0
Domestic 39 5.4 -0.8 -3.5 -2.3
Foreign 40 -0.1 0.6 0.8 -0.8
Used (1) 41 0.5 -1.5 -2.0 -0.3
Addenda:
Final sales of motor
vehicles to domestic
purchasers 42 496.4 519.5 523.7 506.1
Private fixed investment
in new autos and
new light trucks 43 148.1 162.1 174.0 173.5
Domestic output of new
autos (2) 44 89.0 99.6 102.1 98.8
Sales of imported new
autos (3) 45 87.3 89.4 99.0 101.7
Seasonally adjusted at annual rates
2004 2005
IV I II III IV
Motor vehicle output 399.1 409.5 415.7 431.7 397.7
Auto output 132.7 148.4 143.0 144.5 150.0
Truck output 266.4 261.1 272.7 287.2 247.8
Final sales of domestic
product 414.8 414.9 431.0 441.0 382.9
Personal consumption 375.1 370.0 385.7 386.2 338.2
expenditures
New motor vehicles 260.3 250.0 272.4 274.8 226.3
Autos 100.8 99.2 105.2 107.4 100.7
Light trucks
(including utility
vehicles) 159.4 150.8 167.3 167.3 125.7
Net purchases of used
autos and used
light trucks 114.8 120.0 113.3 111.5 111.8
Used autos 57.5 60.1 56.9 55.5 56.2
Used light trucks
(including utility
vehicles) 57.3 59.8 56.3 56.0 55.6
Private fixed investment 128.9 127.9 131.4 140.2 138.9
New motor vehicles 193.6 189.7 195.9 208.0 205.4
Autos 66.0 64.6 64.4 68.2 70.1
Trucks 127.7 125.1 131.5 139.7 135.3
Light trucks
(including
utility
vehicles) 93.3 88.0 94.2 102.0 97.0
Other 34.4 37.1 37.3 37.8 38.4
Net purchases of used
autos and used
light trucks -64.7 -61.8 -4.5 -67.8 -66.5
Used autos -32.3 -31.9 -31.7 -33.1 -34.7
Used light trucks
(including utility
vehicles) -32.4 -29.9 -32.7 -34.7 -31.8
Gross government
investment 13.6 14.6 14.1 16.5 14.3
Autos 3.4 3.8 3.2 3.6 3.4
Trucks 10.2 10.8 10.9 12.9 10.9
Net exports -102.8 -97.7 -100.3 -101.9 -108.5
Exports 39.9 43.1 42.7 43.6 46.5
Autos 18.0 20.1 19.6 19.9 22.0
Trucks 21.9 23.0 23.1 23.6 24.4
Imports 142.7 140.8 143.0 145.5 155.0
Autos 71.2 68.1 67.6 69.3 73.3
Trucks 71.5 72.7 75.4 76.2 81.6
Change in private
inventories -15.7 -5.3 -15.3 -9.3 14.9
Autos -9.4 0.5 -7.1 -7.7 5.6
New -8.2 1.9 -5.3 -6.3 5.1
Domestic -2.4 -0.1 -4.6 -4.8 7.0
Foreign -5.8 2.0 -0.7 -1.5 -1.8
Used -1.2 -1.3 -1.8 -1.5 0.4
Trucks -0.3 -5.9 -8.3 -1.5 9.3
New -5.0 -1.7 -8.1 -1.7 11.0
Domestic -1.1 -2.8 -8.1 -2.5 10.3
Foreign -3.9 1.2 0.0 0.7 0.7
Used (1) -1.3 -4.2 -0.2 0.2 -1.7
Addenda:
Final sales of motor
vehicles to domestic
purchasers 517.6 512.5 531.3 542.9 491.4
Private fixed investment
in new autos and
new light trucks 159.2 152.6 158.6 170.2 167.0
Domestic output of new
autos (2) 92.0 97.9 96.7 99.1 104.6
Sales of imported new
autos (3) 90.7 85.9 87.6 92.0 92.3
Seasonally adjusted at annual
rates
2006
I II III IV
Motor vehicle output 418.8 407.2 418.3 395.1
Auto output 160.8 152.6 151.3 151.6
Truck output 257.9 254.6 267.0 243.6
Final sales of domestic
product 412.0 406.9 422.5 410.1
Personal consumption 355.2 358.6 361.5 357.4
expenditures
New motor vehicles 238.8 241.5 243.8 238.2
Autos 105.6 108.1 108.5 103.8
Light trucks
(including utility
vehicles) 133.3 133.5 135.2 134.4
Net purchases of used
autos and used
light trucks 116.4 117.1 117.8 119.2
Used autos 57.7 58.1 58.0 57.6
Used light trucks
(including utility
vehicles) 58.7 59.0 59.8 61.6
Private fixed investment 155.5 146.9 147.6 146.3
New motor vehicles 223.9 211.2 214.2 216.2
Autos 73.8 68.4 69.2 71.1
Trucks 150.1 142.8 145.0 145.1
Light trucks
(including
utility
vehicles) 108.8 100.1 102.7 102.0
Other 41.3 42.7 42.3 43.0
Net purchases of used
autos and used
light trucks -68.4 -64.2 -66.6 -9.8
Used autos -32.6 -32.0 -33.7 -35.0
Used light trucks
(including utility
vehicles) -35.8 -32.2 -32.9 -34.8
Gross government
investment 14.2 15.4 17.5 18.6
Autos 3.5 3.8 4.1 4.1
Trucks 10.7 11.6 13.4 14.5
Net exports -112.9 -114.0 -104.1 -112.1
Exports 48.5 47.0 51.3 49.5
Autos 23.3 22.5 25.0 24.9
Trucks 25.3 24.5 26.3 24.6
Imports 161.5 161.1 155.4 161.6
Autos 74.4 74.6 78.1 81.1
Trucks 87.1 86.4 77.3 80.5
Change in private
inventories 6.8 0.3 -4.1 -15.0
Autos 4.0 -1.6 -1.7 6.2
New 5.7 2.0 -0.5 6.3
Domestic 3.4 1.1 0.2 3.6
Foreign 2.3 0.9 -0.7 2.7
Used -1.7 -3.6 -1.2 -0.1
Trucks 2.8 1.9 -2.4 -21.2
New 2.1 5.5 0.5 -19.1
Domestic -0.4 6.4 -2.8 -17.3
Foreign 2.5 -0.9 3.4 -1.8
Used (1) 0.7 -3.6 -3.0 -2.1
Addenda:
Final sales of motor
vehicles to domestic
purchasers 524.9 520.9 526.6 522.3
Private fixed investment
in new autos and
new light trucks 182.6 168.5 171.9 173.1
Domestic output of new
autos (2) 107.0 100.7 101.5 99.3
Sales of imported new
autos (3) 96.8 97.8 100.3 101.1
Seasonally adjusted at annual
rates
2007
I II III IV
Motor vehicle output 398.4 403.9 419.4 387.1
Auto output 150.1 148.7 154.3 149.3
Truck output 248.2 255.2 265.1 237.8
Final sales of domestic
product 412.1 412.5 405.8 408.4
Personal consumption 364.1 365.1 358.5 358.2
expenditures
New motor vehicles 246.0 244.3 233.8 237.1
Autos 103.0 104.3 97.7 103.2
Light trucks
(including utility
vehicles) 143.0 140.0 136.1 133.9
Net purchases of used
autos and used
light trucks 118.1 120.8 124.6 121.1
Used autos 56.6 56.3 57.4 55.6
Used light trucks
(including utility
vehicles) 61.6 64.5 67.3 65.4
Private fixed investment 136.3 125.9 125.4 122.4
New motor vehicles 208.7 197.2 202.8 196.6
Autos 71.6 70.9 73.5 72.1
Trucks 137.1 126.3 129.3 124.5
Light trucks
(including
utility
vehicles) 101.5 98.5 105.3 100.7
Other 35.6 27.8 24.1 23.8
Net purchases of used
autos and used
light trucks -72.4 -71.3 -77.5 -74.2
Used autos -35.2 -4.0 -36.1 -34.0
Used light trucks
(including utility
vehicles) -37.2 -37.3 -41.4 -40.2
Gross government
investment 15.4 14.8 19.6 18.8
Autos 3.8 4.0 3.7 4.3
Trucks 11.7 10.9 15.9 14.4
Net exports -103.7 -93.3 -97.6 -90.9
Exports 53.8 58.6 63.6 67.1
Autos 27.3 29.7 33.7 36.3
Trucks 26.5 28.9 29.9 30.8
Imports 157.5 151.9 161.2 158.1
Autos 73.7 73.7 80.7 78.1
Trucks 83.8 78.2 80.5 80.0
Change in private
inventories -13.7 -8.6 13.6 -21.2
Autos -3.1 -8.7 5.0 -10.1
New -2.6 -6.9 4.6 -7.7
Domestic -1.1 -3.4 1.5 -0.3
Foreign -1.6 -3.5 3.1 -1.4
Used -0.5 -1.9 0.4 -2.4
Trucks -10.6 0.1 8.5 -11.1
New -10.1 2.1 7.4 -11.5
Domestic -10.0 4.3 4.6 -7.9
Foreign -0.1 -2.2 2.8 -3.5
Used (1) -0.5 -2.0 1.1 0.3
Addenda:
Final sales of motor
vehicles to domestic
purchasers 515.9 505.8 503.5 499.3
Private fixed investment
in new autos and
new light trucks 173.0 169.4 178.8 172.8
Domestic output of new
autos (2) 97.1 95.7 100.7 101.8
Sales of imported new
autos (3) 101.6 103.2 101.4 100.9
Seasonally
adjusted at
annual rates
2008
I II
Motor vehicle output 368.5 328.5
Auto output 146.4 143.8
Truck output 222.1 184.6
Final sales of domestic
product 384.2 340.1
Personal consumption 345.2 323.4
expenditures
New motor vehicles 222.5 209.7
Autos 100.0 106.6
Light trucks
(including utility
vehicles) 122.5 103.1
Net purchases of used
autos and used
light trucks 122.7 113.7
Used autos 56.9 53.2
Used light trucks
(including utility
vehicles) 65.9 60.5
Private fixed investment 113.6 89.8
New motor vehicles 187.1 162.8
Autos 68.5 64.7
Trucks 118.6 98.1
Light trucks
(including
utility
vehicles) 96.0 75.3
Other 22.5 22.8
Net purchases of used
autos and used
light trucks -73.5 -73.0
Used autos -5.2 -35.5
Used light trucks
(including utility
vehicles) -38.3 -37.5
Gross government
investment 17.9 16.7
Autos 4.0 3.6
Trucks 14.0 13.1
Net exports -92.5 -89.8
Exports 65.3 64.8
Autos 36.9 37.9
Trucks 28.4 26.8
Imports 157.9 154.6
Autos 80.2 80.3
Trucks 77.7 74.3
Change in private
inventories -15.7 -11.6
Autos -4.4 -0.5
New -2.1 0.0
Domestic -5.1 -2.5
Foreign 3.0 -0.5
Used -2.4 -3.5
Trucks -11.3 -5.1
New -9.1 -3.5
Domestic -11.3 -5.4
Foreign 2.2 1.8
Used (1) -2.1 -1.6
Addenda:
Final sales of motor
vehicles to domestic
purchasers 476.7 429.9
Private fixed investment
in new autos and
new light trucks 164.5 140.0
Domestic output of new
autos (2) 101.2 95.4
Sales of imported new
autos (3) 95.0 103.6
(1.) Consists of used light trucks only.
(2.) Consists of final sales and change in private inventories of new
autos assembled in the United States.
(3.) Consists of personal consumption expenditures, private fixed
investment, and gross government investment.
Table 7.2.6B. Real Motor Vehicle Output, Chained Dollars
[Billions of chained (2000) dollars]
Line 2004 2005 2006 2007
Motor vehicle output 1 408.5 424.2 420.3 415.7
Auto output 2 134.6 149.7 155.1 152.4
Truck output 3 274.4 274.9 265.5 263.6
Final sales of domestic
product 4 404.0 428.3 423.9 423.9
Personal consumption
expenditures 5 384.7 381.1 369.2 377.1
New motor vehicles 6 271.1 266.1 251.7 254.0
Autos 7 101.9 106.6 109.1 105.0
Light trucks
(including utility
vehicles) 8 169.3 159.6 142.4 149.1
Net purchases of used
autos and used
light trucks 9 114.0 115.4 117.7 123.1
Used autos 10 56.1 56.8 56.8 56.1
Used light trucks
(including utility
vehicles) 11 58.1 58.7 61.0 67.2
Private fixed investment 12 107.1 126.9 140.4 116.5
New motor vehicles 13 183.4 204.0 220.6 205.9
Autos 14 65.3 69.1 72.3 74.1
Trucks 15 118.1 134.8 148.1 131.7
Light trucks
(including
utility
vehicles) 16 89.6 99.6 109.8 109.5
Other 17 28.3 34.8 37.9 24.0
Net purchases of used
autos and used
light trucks 18 -75.2 -74.0 -76.3 -86.6
Used autos 19 -37.0 -37.0 -37.4 -40.3
Used light trucks
(including utility
vehicles) 20 -38.3 -37.0 -38.9 -46.3
Gross government
Investment 21 13.8 14.3 15.6 15.9
Autos 22 3.2 3.5 3.8 3.8
Trucks 23 10.6 10.8 11.8 12.1
Net exports 24 -103.4 -98.4 -106.5 -92.2
Exports 25 34.6 41.0 45.5 55.8
Autos 26 15.8 19.5 22.7 29.9
Trucks 27 18.7 21.5 22.8 26.0
Imports 28 138.0 139.4 152.0 148.0
Autos 29 69.6 67.1 74.2 73.1
Trucks 30 68.4 72.2 77.6 74.8
Change in private
inventories 31 4.5 -3.6 -2.9 -7.5
Autos 32 -1.3 -2.3 1.9 -4.5
New 33 -1.8 -1.1 3.4 -3.2
Domestic 34 -0.8 -0.7 2.1 -2.4
Foreign 35 -1.0 -0.5 1.3 -0.8
Used 36 0.6 -1.2 -1.8 -1.2
Trucks 37 5.3 -1.4 -4.3 -3.1
New 38 4.5 0.0 -2.3 -2.7
Domestic 39 4.6 -0.6 -3.0 -2.0
Foreign 40 -0.1 0.6 0.7 -0.7
Used (1) 41 0.5 -1.6 -2.2 -0.3
Residual 42 1.1 1.0 0.9 0.8
Addenda:
Final sales of motor
vehicles to domestic
purchasers 43 507.0 525.5 529.6 514.0
Private fixed investment
in new autos and
new light trucks 44 154.8 168.5 182.0 183.4
Domestic output of new
autos (2) 45 91.5 101.6 103.4 100.0
Sales of imported new
autos (3) 46 91.1 92.4 101.4 104.7
Seasonally adjusted at annual rates
2004 2005
IV I II III IV
Motor vehicle output 412.1 416.7 423.9 447.9 408.2
Auto output 137.4 151.0 145.7 149.6 152.5
Truck output 275.1 266.2 278.7 298.9 256.0
Final sales of domestic
product 428.8 422.3 439.5 457.7 393.9
Personal consumption
expenditures 389.3 379.7 395.6 400.2 349.0
New motor vehicles 271.6 258.2 281.7 288.3 236.1
Autos 105.0 102.5 108.5 111.7 103.6
Light trucks
(including utility
vehicles) 166.7 155.8 173.3 176.7 132.4
Net purchases of used
autos and used
light trucks 118.1 121.8 114.4 112.6 112.9
Used autos 58.1 59.7 56.6 55.3 55.6
Used light trucks
(including utility
vehicles) 60.1 62.1 57.9 57.3 57.4
Private fixed investment 121.7 119.0 122.9 134.5 131.0
New motor vehicles 198.9 193.0 199.3 213.8 209.8
Autos 68.7 66.8 66.5 70.9 72.2
Trucks 130.1 126.2 132.7 142.7 137.5
Light trucks
(including
utility
vehicles) 97.5 90.9 97.6 107.7 102.1
Other 32.3 34.6 34.7 34.8 35.0
Net purchases of used
autos and used
light trucks -74.9 -71.3 -73.6 -75.7 -75.4
Used autos -37.1 -36.4 -35.9 -36.7 -39.0
Used light trucks
(including utility
vehicles) -37.8 -34.8 -37.7 -39.1 -36.4
Gross government
Investment 13.3 14.1 13.7 15.9 13.7
Autos 3.5 3.8 3.3 3.6 3.4
Trucks 9.8 10.3 10.4 12.3 10.3
Net exports -99.2 -94.6 -96.8 -98.2 -104.2
Exports 37.4 40.3 39.9 40.6 43.2
Autos 17.2 19.2 18.7 19.0 20.9
Trucks 20.1 21.1 21.1 21.6 22.2
Imports 136.5 134.8 136.7 138.8 147.3
Autos 68.6 65.8 65.2 66.8 70.5
Trucks 67.9 69.0 71.3 71.9 76.7
Change in private
inventories -15.9 -5.2 -14.9 -8.9 14.6
Autos -10.0 0.6 -7.4 -B.1 5.8
New -8.3 1.9 -5.3 -6.3 5.2
Domestic -2.5 -0.1 -4.7 -5.0 7.1
Foreign -5.5 1.9 -0.6 -1.4 -1.7
Used -1.4 -1.5 -2.0 -1.6 0.5
Trucks -6.1 -5.3 -7.5 -1.2 8.5
New -4.5 -1.3 -6.8 -1.3 9.5
Domestic -0.9 -2.4 -6.8 -2.0 8.7
Foreign -3.8 1.1 0.0 0.7 0.7
Used (1) -1.5 -4.7 -0.2 0.2 -1.9
Residual 0.1 1.6 -0.3 0.6 2.3
Addenda:
Final sales of motor
vehicles to domestic
purchasers 526.8 515.5 534.8 554.2 497.7
Private fixed investment
in new autos and
new light trucks 166.1 157.5 163.9 178.5 174.2
Domestic output of new
autos (2) 94.5 99.8 98.5 101.6 106.3
Sales of imported new
autos (3) 94.4 88.7 90.4 95.6 95.0
Seasonally adjusted at annual
rates
2006
I II III IV
Motor vehicle output 427.4 416.2 429.8 407.7
Auto output 161.5 154.1 152.3 152.6
Truck output 266.1 262.4 278.0 255.2
Final sales of domestic
product 421.0 417.0 434.3 423.1
Personal consumption
expenditures 364.7 368.7 372.2 371.2
New motor vehicles 248.7 252.3 255.0 250.6
Autos 108.1 110.9 111.0 106.3
Light trucks
(including utility
vehicles) 140.4 141.2 143.9 144.2
Net purchases of used
autos and used
light trucks 116.2 116.6 117.3 120.6
Used autos 56.5 56.9 56.8 57.1
Used light trucks
(including utility
vehicles) 59.8 59.7 60.7 63.7
Private fixed investment 146.0 138.6 139.9 136.9
New motor vehicles 228.1 215.1 218.4 220.9
Autos 75.6 70.1 70.8 72.8
Trucks 152.4 144.8 147.5 147.8
Light trucks
(including
utility
vehicles) 114.7 105.9 109.2 109.5
Other 37.5 38.3 37.8 37.9
Net purchases of used
autos and used
light trucks -77.8 -72.3 -74.4 -80.6
Used autos -36.7 -35.6 -37.3 -40.0
Used light trucks
(including utility
vehicles) -41.2 -36.7 -37.1 -40.6
Gross government
Investment 13.5 14.7 16.6 17.4
Autos 3.4 3.8 4.0 4.0
Trucks 10.1 10.9 12.6 13.5
Net exports -108.7 -109.6 -100.2 -107.5
Exports 45.0 43.6 47.5 45.6
Autos 22.1 21.4 23.7 23.6
Trucks 23.0 22.3 23.9 22.1
Imports 153.7 153.3 147.8 153.1
Autos 71.8 71.9 75.3 77.9
Trucks 81.7 81.2 72.5 75.2
Change in private
inventories 6.9 0.2 -3.8 -14.9
Autos 4.3 -1.7 -1.7 6.6
New 5.7 2.0 -0.5 6.3
Domestic 3.4 1.2 0.2 3.7
Foreign 2.2 0.8 -0.6 2.6
Used -1.9 4.0 -1.3 -0.1
Trucks 2.8 1.7 -2.0 -19.7
New 1.9 4.7 0.7 -16.6
Domestic -0.4 5.5 -2.4 -14.9
Foreign 2.4 -0.9 3.2 -1.8
Used (1) 0.8 -3.9 -3.3 -2.4
Residual 1.1 1.5 1.8 -0.4
Addenda:
Final sales of motor
vehicles to domestic
purchasers 529.1 526.2 533.1 529.9
Private fixed investment
in new autos and
new light trucks 190.1 175.9 179.8 182.1
Domestic output of new
autos (2) 108.3 102.1 102.5 100.5
Sales of imported new
autos (3) 99.2 100.3 102.5 103.6
Seasonally adjusted at annual
rates
2007
I II III IV
Motor vehicle output 411.5 416.2 433.1 402.1
Auto output 151.4 150.1 155.9 152.2
Truck output 260.4 266.5 277.6 250.0
Final sales of domestic
product 425.6 425.9 419.6 424.2
Personal consumption
expenditures 380.3 381.4 373.3 373.3
New motor vehicles 259.8 258.0 247.3 251.0
Autos 105.9 107.2 100.5 106.3
Light trucks
(including utility
vehicles) 154.0 150.8 147.0 144.6
Net purchases of used
autos and used
light trucks 120.7 123.4 125.8 122.3
Used autos 56.6 56.3 56.7 55.0
Used light trucks
(including utility
vehicles) 64.3 67.4 69.5 67.6
Private fixed investment 126.3 116.2 117.0 114.4
New motor vehicles 213.6 201.4 207.3 201.1
Autos 73.6 72.9 75.6 74.3
Trucks 139.9 128.4 131.6 126.8
Light trucks
(including
utility
vehicles) 109.3 106.2 113.6 108.7
Other 31.1 23.8 20.6 20.4
Net purchases of used
autos and used
light trucks -85.5 -84.4 -90.1 -6.3
Used autos -41.1 -39.7 -41.5 -9.1
Used light trucks
(including utility
vehicles) -44.4 44.7 -48.7 -47.3
Gross government
Investment 14.4 13.8 18.1 17.4
Autos 3.7 3.9 3.6 4.2
Trucks 10.8 9.9 14.5 13.2
Net exports -99.6 -89.6 -93.4 -86.0
Exports 49.5 53.9 58.4 61.4
Autos 25.7 28.0 31.8 34.1
Trucks 23.9 25.9 26.7 27.5
Imports 149.2 143.5 151.8 147.4
Autos 70.9 70.7 77.1 73.7
Trucks 78.1 72.8 74.7 73.7
Change in private
inventories -13.7 -0.7 13.6 -21.3
Autos -3.3 -9.3 5.3 -10.6
New -2.7 -0.9 4.6 -7.7
Domestic -1.1 -3.5 1.5 -6.5
Foreign -1.5 -3.3 3.0 -1.3
Used -0.5 -2.2 0.5 -2.7
Trucks -9.9 0.0 8.1 -10.6
New -8.8 1.7 6.6 -10.2
Domestic -8.6 3.8 3.9 -6.9
Foreign -0.1 -2.1 2.7 -3.3
Used (1) -0.6 -2.3 1.2 0.4
Residual -0.5 1.4 2.2 0.3
Addenda:
Final sales of motor
vehicles to domestic
purchasers 524.1 513.3 511.1 507.4
Private fixed investment
in new autos and
new light trucks 182.7 178.9 189.0 182.9
Domestic output of new
autos (2) 98.4 96.7 101.8 102.9
Sales of imported new
autos (3) 104.4 106.1 104.2 103.9
Seasonally
adjusted at
annual rates
2008
I II
Motor vehicle output 387.0 347.2
Auto output 150.7 147.3
Truck output 236.3 199.4
Final sales of domestic
product 402.7 358.9
Personal consumption
expenditures 361.7 340.7
New motor vehicles 236.7 224.0
Autos 103.5 110.1
Light trucks
(including utility
vehicles) 133.0 112.9
Net purchases of used
autos and used
light trucks 124.7 116.5
Used autos 56.3 52.5
Used light trucks
(including utility
vehicles) 68.8 64.3
Private fixed investment 107.0 84.9
New motor vehicles 192.0 167.7
Autos 70.9 66.9
Trucks 121.0 100.8
Light trucks
(including
utility
vehicles) 104.3 82.5
Other 19.1 19.2
Net purchases of used
autos and used
light trucks -85.0 -84.7
Used autos -40.3 -40.9
Used light trucks
(including utility
vehicles) -44.7 -43.8
Gross government
Investment 16.6 15.3
Autos 3.8 3.4
Trucks 12.7 11.9
Net exports -86.7 -3.9
Exports 59.7 59.0
Autos 34.6 35.6
Trucks 25.3 23.7
Imports 146.3 142.8
Autos 75.0 75.0
Trucks 71.3 67.9
Change in private
inventories -15.3 -11.3
Autos -4.6 -6.9
New -2.1 -3.0
Domestic -5.2 -2.6
Foreign 2.8 -0.5
Used -2.7 -4.0
Trucks -10.3 -4.6
New -7.8 -2.9
Domestic -9.8 -4.6
Foreign 2.1 1.7
Used (1) -2.4 -1.8
Residual 1.2 3.6
Addenda:
Final sales of motor
vehicles to domestic
purchasers 487.2 441.4
Private fixed investment
in new autos and
new light trucks 175.0 149.6
Domestic output of new
autos (2) 102.7 96.6
Sales of imported new
autos (3) 98.2 107.0
(1.) Consists of used light trucks only.
(2.) Consists of final sales and change in private inventories of new
autos assembled in the United States.
(3.) Consists of personal consumption expenditures, private fixed
investment, and gross government investment.
NOTE. Chained (2000) dollar series are calculated as the product of the
chain-type quantity index and the 2000 current-dollar value of the
corresponding series, divided by 100. Because the formula for the
chain-type quantity indexes uses weights of more than one period, the
corresponding chained-dollar estimates are usually not additive. The
residual line is the difference between the first line and the sum of
the most detailed lines, excluding the lines in the addenda.
Table 7.3.5. Farm Sector Output, Gross Value Added,
and Net Value Added
[Billions of dollars]
Line 2004 2005 2006 2007
Farm output 1 260.5 255.8 253.8 307.0
Cash receipts from farm
marketings 2 238.0 239.9 240.6 284.7
Crops 3 114.4 115.1 122.5 146.9
Livestock 4 123.5 124.8 118.1 137.8
Farm products consumed on
farms 5 0.5 0.5 0.6 0.6
Other farm income 6 13.8 15.3 16.3 19.8
Change in farm finished goods
inventories 7 8.2 0.0 -3.6 1.9
Crops 8 7.7 -1.3 -4.1 2.0
Livestock 9 0.6 1.3 0.5 -0.1
Less: Intermediate goods and
services consumed 10 145.8 151.6 162.7 169.8
Other than rent 11 135.7 141.9 153.8 160.1
Intermediate goods and
services purchased,
other than rent 12 135.5 142.2 153.5 159.8
Less: Change in farm
materials and
supplies inventories 13 -0.2 0.3 -0.3 -0.4
Rent paid to nonoperator
landlords 14 10.1 9.8 8.9 9.6
Equals: Gross farm value added 15 114.7 104.1 91.1 137.3
Less: Consumption of fixed
capital 16 29.6 31.6 33.3 34.7
Equals: Net farm value added 17 85.1 72.5 57.8 102.6
Compensation
of employees 18 22.0 21.9 22.0 23.3
Wage and salary
accruals 19 18.9 18.9 19.0 20.0
Supplements to
wages and
salaries 20 3.1 3.0 3.1 3.3
Taxes on
production and
imports 21 5.0 5.4 5.9 6.5
Less: Subsidies to
operators 22 11.8 21.6 13.4 10.2
Net operating surplus 23 69.9 66.8 43.3 82.9
Net interest 24 9.1 10.3 11.6 12.4
Current transfer
payments 25 0.0 0.0 0.0 0.0
Proprietors'
income and
corporate
profits with
inventory
valuation and
capital
consumption
adjustments 26 60.8 56.5 31.7 70.5
Proprietors'
income 27 37.3 34.1 16.2 44.0
Corporate
profits 28 23.4 22.4 15.5 26.5
Addendum:
Change in farm inventories (1) 29 8.0 0.3 -3.9 1.6
(1.) Beginning with 1991, includes change in farm materials and supplies
inventories.
Table 7.3.6. Real Farm Sector Output, Real Gross Value Added, and
Real Net Value Added, Chained Dollars
[Billions of chained (2000) dollars]
Line 2004 2005 2006 2007
Farm output 1 211.5 217.4 214.8 218.4
Cash receipts from farm
marketings 2 191.9 202.2 202.2 200.6
Crops 3 93.2 101.6 100.1 99.3
Livestock 4 98.5 100.5 102.0 101.3
Farm products consumed on
farms 5 0.4 0.4 0.5 0.5
Other farm income 6 11.8 13.7 13.7 14.4
Change in farm finished goods
inventories 7 6.0 -0.1 -3.0 1.3
Crops 8 5.8 -1.2 -3.3 1.1
Livestock 9 0.5 1.0 0.4 -0.1
Less: Intermediate goods and
services consumed 10 128.4 126.3 129.5 125.1
Other than rent 11 119.2 117.6 121.6 116.9
Intermediate goods
and services
purchased, other
than rent 12 119.0 117.9 121.3 116.7
Less: Change in farm
materials and
supplies inventories 13 -0.2 0.3 -0.2 -0.3
Rent paid to
nonoperator landlords 14 9.2 8.6 7.9 8.2
Equals: Gross farm value added 15 82.1 89.6 83.4 91.5
Less: Consumption of fixed
capital 16 27.3 27.9 28.5 28.8
Equals: Net farm value added 17 54.8 61.4 54.6 62.0
Change in farm inventories (1) 18 5.9 0.2 -3.2 1.0
(1.) Beginning with 1991, includes change in farm materials and
supplies inventories.
NOTE. Chained (2000) dollar series are calculated as the product of
the chain-type quantity index and the 2000 current-dollar value of the
corresponding series, divided by 100. Because the formula for the
chain-type quantity indexes uses weights of more than one period, the
corresponding chained-dollar estimates are usually not additive.
Table 7.4.5. Housing Sector Output, Gross Value Added,
and Net Value Added
[Billions of dollars]
Line 204 2005
Housing output (1) 1 1,162.8 1,228.0
Nonfarm housing 2 1,149.8 1,214.2
Owner-occupied 3 898.0 951.4
Tenant-occupied 4 252.0 262.9
Farm housing 5 13.0 13.7
Less: Intermediate goods and services
consumed 6 233.7 264.4
Equals: Gross housing value added 7 929.1 963.5
Nonfarm housing 8 917.9 951.7
Owner-occupied 9 723.5 750.5
Tenant-occupied 10 1,943.0 201.2
Farm housing 11 11.2 11.8
Less: Consumption of fixed capital 12 232.3 309.1
Equals: Net housing value added (2) 13 696.7 654.4
Compensation of employees 14 12.2 12.7
Taxes on production and imports 15 1,891.0 203.3
Less: Subsidies 16 28.6 31.8
Net operating surplus 17 524.0 470.3
Net interest 18 411.9 487.9
Current transfer payments 19 1.3 -15.0
Proprietors' income with
inventory valuation and
capital consumption
adjustments 20 6.4 -2.4
Rental income of persons with
capital consumption
adjustment 21 94.5 10.8
Corporate profits with
inventory valuation and
capital consumption
adjustments 22 1.4 1.9
Current surplus of government
enterprises 23 -11.5 -13.0
2006 2007
Housing output (1) 1,312.0 1,377.6
Nonfarm housing 1,297.4 1,362.4
Owner-occupied 1,020.2 1,063.3
Tenant-occupied 277.2 299.1
Farm housing 14.6 15.2
Less: Intermediate goods and services
consumed 273.7 270.8
Equals: Gross housing value added 1,038.3 1,106.9
Nonfarm housing 1,025.7 1,093.6
Owner-occupied 811.3 857.8
Tenant-occupied 214.4 235.8
Farm housing 12.6 13.2
Less: Consumption of fixed capital 259.4 270.2
Equals: Net housing value added (2) 778.9 836.6
Compensation of employees 13.3 14.0
Taxes on production and imports 215.2 226.1
Less: Subsidies 30.4 37.3
Net operating surplus 580.9 60.8
Net interest 501.0 619.9
Current transfer payments 11.7 7.6
Proprietors' income with
inventory valuation and
capital consumption
adjustments 5.3 8.8
Rental income of persons with
capital consumption
adjustment 14.1 10.8
Corporate profits with
inventory valuation and
capital consumption
adjustments 1.8 2.2
Current surplus of government
enterprises -14.5 -15.5
(1.) It Equals personal consumption expenditures for housing excluding
expenditures for other housing as shown in table 2.5.5.
(2.) Not housing national income.
Table 7.4.6. Real Housing Sector Output, Real Gross Value Added,
and Real Net Value Added, Chained Dollars
[Billions of chained (2000) dollars]
Line 2004 2005 2006 2007
Housing output (1) 1 1,025.3 1,056.2 1,090.1 1,105.0
Nonfarm housing 2 1,014.4 1,045.3 1,079.2 1,094.2
Owner-occupied 3 793.9 821.9 851.7 858.7
Tenant-occupied 4 220.6 223.6 227.7 235.7
Farm housing 5 11.0 10.9 10.9 10.9
Less: Intermediate
goods and services
consumed 6 200.5 216.5 210.2 195.1
Equals: Gross housing
value added 7 825.6 840.0 881.4 913.7
Nonfarm
housing 8 816.2 830.6 872.0 904.3
Owner-
occupied 9 643.3 655.4 690.0 711.2
Tenant-
occupied 10 172.8 175.2 182.0 193.1
Farm
housing 11 9.5 9.4 9.4 9.5
Less: Consumption of
fixed capital 12 193.9 240.5 189.7 194.4
Equals: Net housing
value added 13 631.3 593.8 698.0 726.4
(1.) Equals personal consumption expenditures for housing excluding
expenditures for other housing as shown in table 2.5.6.
NOTE. Chained (2000) dollar series are calculated as the product of the
chain-type quantity index and the 2000 current-dollar value of the
corresponding series, divided by 700. Because the formula for the
chain-type quantity indexes uses weights of more than one period, the
corresponding chained-dollar estimates are usually not additive.
Table 7.5. Consumption of Fixed Capital by Legal Form of Organization
and Type of Income
[Billions of dollars]
Line 2004 2005 2006 2007
Consumption of fixed
capital 1 1,436.1 1,612.0 1,623.9 1,720.5
Private 2 1,206.0 1,359.7 1,356.0 1,431.1
Domestic business 3 970.2 1,062.3 1,085.5 1,147.0
Corporate business 4 797.1 858.9 892.8 945.3
Financial 5 109.7 114.9 117.6 123.0
Nonfinancial 6 687.4 743.9 775.2 822.3
Noncorporate
business 7 173.1 203.4 192.7 201.6
Sole
proprietorships
and
partnerships 8 141.9 161.8 159.7 167.6
Farm 9 24.8 26.5 28.2 29.2
Nonfarm 10 117.1 135.3 131.5 138.3
Other private
business 11 31.2 41.6 33.0 34.1
Rental income of
persons 12 28.7 38.9 30.3 31.2
Nonfarm
tenant-
occupied
housing 13 26.7 36.8 28.0 28.8
Farm tenant-
occupied
housing 14 0.3 0.3 0.3 0.3
Farms owned by
nonoperator
landlords 15 0.2 0.2 0.2 0.2
Nonfarm
nonresidential
properties 16 1.5 1.6 1.7 1.8
Proprietors'
income 17 2.5 2.7 2.7 2.9
Households and
institutions 18 235.8 297.4 270.5 284.1
Owner-occupied
housing 19 173.6 229.7 196.9 205.5
Nonprofit
institutions
serving households 20 62.1 67.7 73.6 78.7
Government 21 230.2 252.3 268.0 289.4
General government 22 192.4 207.5 2,237.0 241.4
Federal 23 88.5 93.2 99.5 105.5
State and local 24 103.9 114.2 124.1 135.9
Government enterprises 25 37.7 44.9 44.3 48.0
Federal 26 5.5 5.9 6.1 6.3
State and local 27 32.2 39.0 38.2 41.6
Addendum:
Nonfarm business 28 978.4 1,075.6 1,096.4 1,160.3
Table 7.6. Capital Consumption Adjustment by Legal Form of Organization
and Type of Adjustment
[Billions of dollars]
Line 2004 2005 2006 2007
Capital consumption
adjustment (1) 1 178.0 -74.5 -79.4 -91.5
For consistent
accounting at
historical cost 2 336.1 136.7 142.4 146.4
For current-cost
valuation 3 -158.1 -211.2 -221.8 -237.9
Domestic corporate business 4 69.7 -134.8 -165.7 -192.7
For consistent
accounting at
historical cost 5 144.7 -28.2 -38.9 -54.6
For current-cost
valuation 6 -75.1 -106.6 -126.8 -138.1
Financial 7 7.3 -18.2 -16.7 -20.2
For consistent
accounting at
historical cost 8 11.4 -11.3 -7.7 -9.3
For current-cost
valuation 9 -4.1 -6.9 -9.0 -10.9
Nonfinancial 10 62.4 -116.7 -149.0 -172.5
For consistent
accounting at
historical cost 11 133.3 -16.9 -31.2 -45.3
For current-cost
valuation 12 -71.0 -99.7 -117.7 -127.2
Domestic noncorporate
business 13 108.4 60.4 86.3 101.2
Sole proprietorships and
partnerships 14 124.6 85.0 103.4 118.8
Farm (1) 15 -5.8 -6.6 -7.2 -7.5
Nonfarm 16 130.5 91.6 110.6 126.3
For consistent
accounting at
historical cost 17 191.4 164.9 181.3 201.0
For current-cost
valuation 18 -60.9 -73.4 -70.6 -74.7
Other private business 19 -16.2 -24.6 -17.2 -17.6
Rental income of persons 20 -15.7 -23.9 -16.4 -16.8
Nonfarm tenant-
occupied housing 21 -14.9 -23.0 -15.4 -15.7
Farm tenant-occupied
housing 22 -0.2 -0.2 -0.2 -0.2
Farms owned by
nonoperator
landlords 23 -0.2 -0.2 -0.2 -0.2
Nonfarm nonresidential
properties 24 -0.4 -0.5 -0.5 -0.6
Proprietors' income 25 -0.6 -0.7 -0.7 -0.8
(1.) Except for farm proprietorships and partnerships (line 15) and
other private business (line 19), the capital consumption adjustment is
calculated in two parts. The adjustment for consistent accounting at
historical cost converts depreciation, based on the service lives and
depreciation schedules employed by firms when filing their income tax
returns, to consistent service lives and empirically based depreciation
schedules. The adjustment for current-cost valuation converts the
historical-cost series with consistent accounting to a series valued
at current cost. For farm proprietorships and partnerships and for
other private business, the historical-cost series is based on
consistent service lives and empirically based depreciation schedules,
so the adjustment reflects only a conversion to current-cost valuation.
Table 7.7. Business Current Transfer Payments by Type
[Billions of dollars]
Line 2004 2005 2006 2007
Business current
transfer payments
(net) 1 83.0 70.0 85.4 100.2
Payments to persons (net) 2 26.4 38.8 24.9 31.9
Insurance payments to
persons by business 3 8.9 15.6 3.3 10.3
Automobile insurance 4 14.1 14.2 14.0 14.1
Medical malpractice
insurance 5 5.2 4.8 4.1 3.6
Net insurance settlements 6 -10.4 -3.4 -14.7 -7.4
Donations by corporate
business to nonprofit
institutions serving
households 7 11.6 16.6 14.7 14.3
Other (1) 8 6.0 6.6 6.9 7.3
Payments to government (net)
(2) 9 48.1 31.8 57.9 61.4
Payments to the rest of the
world (net) (3) 10 8.5 -0.6 2.5 6.9
(1.) Consists largely of losses by business due to fraud and
unrecovered thefts, corporate cash prizes, and payments from personal
injury trust funds.
(2.) For detail, see table 3.7.
(3.) Consists of net insurance settlements paid to the rest of the
word less net insurance settlements received from the rest of the
word.
Table 7.8. Supplements to Wages and Salaries by Type
[Billions of dollars]
Line 2004 2005 2006 2007
Supplements to
wages and
salaries 1 1,276.9 1,354.1 1,405.3 1,456.6
Employer contributions
for government social
insurance (3.6:2) 2 408.3 428.1 448.5 464.7
Employer contributions
for employee pension
and insurance funds
(6.11A-D:1) 3 868.5 926.0 956.8 991.9
By type
Pension, profit-sharing,
and other retirement
benefit plans (1) 4 604.8 635.2 670.4 695.4
Old-age, survivors,
and disability
insurance (3.6:5) 5 266.1 277.9 294.3 307.5
Federal civilian
employee retirement
(6.11A-C:26;
6.11D:28) 6 47.5 48.6 52.3 54.3
Federal military
employee retirement
(6.11A-C:27;
6.11D:29) 7 46.8 51.9 55.0 60.2
Railroad retirement
(3.6:12) 8 2.5 2.6 2.7 2.7
Pension benefit
guaranty (3.6:13) 9 1.3 1.7 1.7 1.6
State and local
employee retirement
(6.11 A-C:28;
6.11D:30) 10 55.4 61.9 65.3 69.2
Private pension and
profit-sharing
(6.11A-C:22;
6.11 D:24) 11 185.2 1,907.0 199.2 199.9
Health Insurance 12 540.0 578.8 593.4 623.1
Federal hospital
insurance (3.6:6) 13 75.0 78.9 84.0 88.5
Military medical
insurance (3.6:16) 14 2.0 2.1 2.5 2.5
Temporary disability
insurance (3.6:18) 15 0.0 0.0 0.0 0.0
Private group health
insurance
(6.11 B, C:31;
6.11D:33) (2) 16 463.1 497.7 506.9 532.1
Life insurance 17 12.6 13.2 15.5 17.3
Veterans life
insurance (3.6:14) 18 0.0 0.0 0.0 0.0
Private group life
insurance (6.11B,
C:32; 6.11D:34) (2) 19 12.6 13.2 15.5 17.3
Workers' compensation 20 77.4 81.4 81.2 78.2
Federal (3.6:15) 21 2.5 2.5 2.4 2.6
State and local
(3.6:19) 22 18.7 18.6 17.9 18.4
Private insurance 23 56.1 60.4 60.9 57.2
(6118, C:33;
6.11 D:35) (2)
Unemployment insurance 24 42.0 45.5 44.8 42.5
State unemployment
insurance (3.6:8) 25 32.5 35.8 34.9 32.5
Federal unemployment
tax (3.6:9) 26 7.0 7.2 7.5 7.6
Railroad employees
unemployment
insurance (3.6:10). 27 0.1 0.1 0.1 0.1
Federal employees
unemployment
insurance (3.6:11). 28 0.7 0.7 0.7 0.6
Private supplemental
unemployment (6.11B,
C:34; 6.11 D:36) 29 1.8 1.7 1.7 1.7
(1.) Employer contributions to privately administered programs and to
publicly administered government employee retirement plans are
classified as employer contributions for employee pension and insurance
funds. Employer contributions to other publicly administered programs
are classified as employer contributions for government social
insurance.
(2.) Government contributions to privately administered health, life,
and workers' compensation insurance for government employees are
classified as employer contributions for employee pension and insurance
funds.
NOTE. The numbers in parentheses indicate the tables and line numbers
from which the entries in this table are derived.
Table 7.9. Rental Income of Persons by Legal Form of Organization
and by Type of Income
[Billions of dollars)
Line 2004 2005 2006 2007
Rental income of persons
with capital
consumption adjustment 1 118.4 40.9 44.3 40.0
Other private business 2 49.2 44.2 48.6 59.2
Tenant-occupied housing, 3 22.7 11.5 15.5 25.7
Nonfarm tenant-occupied
permanent site housing 4 21.9 10.6 14.6 25.0
Farm tenant-occupied
housing owned by farm
operator landlords 5 0.8 0.9 1.0 0.7
Farms owned by nonoperator
landlords (1) 6 5.1 5.4 4.7 5.2
Nonfarm nonresidential
properties (2) 7 0.6 0.3 0.3 0.2
Royalties 8 20.8 27.0 28.0 28.0
Households and nonprofit
institutions 9 69.2 -3.3 -4.3 -19.2
Nonfarm owner-occupied
housing 10 64.2 -8.1 -9.3 -23.8
Permanent site 11 49.4 -15.4 -25.1 -41.8
Manufactured homes 12 14.8 7.3 15.8 17.9
Farm owner-occupied housing
owned by farm operators 13 2.8 2.8 2.9 2.3
Tenant-occupied housing
owned by nonprofit
institutions 14 2.2 2.0 2.1 2.4
Addendum:
Rental income with capital cons 15 97.6 13.8 16.2 12.0
(1.) Includes housing, service structures, and land.
(2.) Includes rental income of private noninsured pension plans.
Table 7.10. Dividends Paid and Received by Sector
[Billions of dollars]
Line 2004 2005 2006 2007
Dividends paid 1 777.4 1,118.4 1,062.8 1,221.7
Domestic corporate
business (1) 2 656.3 755.0 887.4 1,008.5
Financial 3 226.3 270.6 321.1 378.0
Nonfinancial 4 430.1 484.4 566.3 630.6
Rest of the world (2) 5 121.1 363.3 175.4 213.2
Dividends received 6 777.4 1,118.4 1,062.8 1,221.7
Domestic corporate
business (2) 7 164.6 438.6 258.6 337.4
Financial 8 101.5 138.3 166.7 210.3
Nonfinancial 9 63.1 300.3 91.9 127.1
Rest of the world (1) 10 73.3 102.5 102.2 95.6
Government 11 2.4 2.5 2.7 2.8
Persons (3) 12 537.0 574.9 699.4 785.8
Publicly administered
government employee
retirement plans 13 20.9 25.1 27.3 28.7
Other 14 516.1 549.8 672.1 757.1
Addenda:
Net corporate dividend
payments (16 17) 15 539.5 577.4 702.1 788.7
Domestic corporate
business (2-7) 16 491.7 316.5 628.8 671.1
Rest of the world
(5-10) 17 47.8 260.9 73.3 117.6
Personal dividend
income (15-11) 18 537.0 574.9 699.4 785.8
(1.) Remitted earnings to foreign residents from their unincorporated
U.S. affiliates are treated as dividends paid by domestic corporate
business (line 2) and as dividends received by the rest of the world
(line 10).
(2.) Earnings of U.S. residents remitted by their unincorporated
foreign affiliates are treated as dividends paid by the rest of the
world (line 5) and as dividends received by domestic corporate business
(line 7).
(3.) Dividends received by insured private pension plans are included
in dividends received by financial corporate business (line 8), and in
imputed interest received by persons, table 7.11 (line 61).
Table 7.11. Interest Paid and Received by Sector
and Legal Form of Organization
[Billions of dollars]
Line 2004 2005
Monetary interest
Monetary interest paid 1 2,349.7 3,013.8
Domestic business (1) 2 1,308.0 1,779.4
Corporate business 3 1,047.4 1,433.4
Financial 4 630.6 952.7
On deposits (2) 5 77.7 124.1
On other liabilities 6 552.9 828.6
Nonfinancial 7 416.8 480.7
Sole proprietorships and partnerships 8 198.3 277.3
Farm 9 9.3 9.1
Nonfarm 10 189.0 268.2
Other private business 11 62.2 68.7
Rental income of persons 12 61.1 67.6
Proprietors' income 13 1.1 1.1
Households and nonprofit institutions 14 615.9 700.3
Households 15 599.8 684.7
Owner-occupied housing 16 391.0 449.8
Persons (3) 17 208.9 234.9
Nonprofit institutions 18 16.1 15.6
Government 19 313.2 350.2
Federal 20 221.0 255.4
State and local 21 92.2 94.8
Rest of the world 22 112.7 183.9
To business and persons 23 110.0 181.5
To federal government 24 2.7 2.4
Monetary Interest received 25 2,349.7 3,013.8
Domestic business (1) 26 1,542.9 1,993.7
Corporate business 27 1,473.3 1,888.8
Financial 28 1,252.2 1,624.4
Nonfinancial 29 221.1 264.4
Financial sole proprietorships and
partnerships (4) 30 69.5 104.9
Other private business 31 0.0 0.0
Persons (4) 32 513.1 618.9
Publicly administered government
employee retirement plans (5) 33 113.1 117.3
Other (6) 34 400.0 501.5
Government 35 75.4 84.6
Federal 36 16.8 16.5
State and local 37 58.6 68.1
Rest of the world 38 218.4 316.6
From business 39 135.8 212.7
From federal government 40 82.5 103.9
Imputed interest
Total Imputed Interest paid (43 70) 41 350.7 326.3
Total imputed Interest received (49 89) 42 350.7 326.3
Depositor and insurance services:
Imputed Interest paid 43 466.3 470.3
Domestic corporate business, financial 44 459.3 465.9
Banks, credit agencies, and
investment companies 45 236.4 226.8
Life insurance carriers 46 189.7 208.5
Property and casualty insurance
companies 47 33.2 30.6
Rest of the world 48 7.0 4.4
Imputed interest received 49 466.3 470.3
Domestic business (1) 50 66.0 50.2
Corporate business 51 49.0 34.0
Financial 52 13.4 -1.6
Nonfinancial 53 35.6 35.5
Sole proprietorships and partnerships 54 16.5 15.7
Farm 55 0.6 0.6
Nonfarm 56 15.9 15.2
Other private business 57 0.5 0.5
Households and nonprofit institutions 58 383.3 404.5
Households 59 382.0 403.3
Owner-occupied housing 60 1.3 1.3
Persons 61 380.8 402.0
From banks credit agencies, and
investment companies 62 178.8 181.2
From life insurance carriers 63 189.7 208.5
From property and casualty
insurance companies 64 12.2 12.3
Nonprofit institutions 65 1.2 1.2
Government 66 6.0 5.7
Federal 67 0.4 0.4
State and local 66 5.6 5.3
Rest of the world 69 11.0 10.0
Borrower services:
Imputed interest paid 70 -115.6 -144.0
Domestic business (1) 71 -60.1 -74.6
Corporate business 72 -44.9 -54.6
Financial 73 -8.5 -10.3
Nonfinancial 74 -36.4 -44.3
Sole proprietorships and
partnerships 75 -11.3 -15.4
Farm 76 -1.1 -1.2
Nonfarm 77 -10.3 -14.2
Other private business 78 -3.9 -4.6
Rental income of persons and
proprietors' income 79 -3.9 -4.6
Households and nonprofit institutions 80 -50.2 -62.6
Households 81 -47.8 -59.6
Owner-occupied housing 82 -30.2 -39.7
Persons 83 -17.6 -19.9
Nonprofit institutions 84 -2.4 -3.0
Government 85 -3.9 -5.0
Federal 86 0.0 0.0
State and local 87 -3.9 -5.0
Rest of the world 88 -1.4 -1.8
Imputed interest received 89 -115.6 -144.0
Domestic corporate business, financial 90 -115.6 -144.0
Banks, credit agencies, and
investment companies 91 -115.6 -144.0
Addenda:
Net interest (93 97 98 99) 92 475.9 552.0
Domestic business (2 44 71-26-50-90) 93 213.9 270.8
Corporate (3 44 72-27-51-90) 94 55.1 65.9
Sole proprietorships and
partnerships (8 75-30-54) 95 101.0 141.2
Other private business
(11 78-31-57) 96 57.8 63.6
Owner-occupied housing (16 82-60) 97 359.5 408.7
Nonprofit institutions (18 84) 98 13.7 12.6
Rest of the world (22 48 88-38-69) 99 -111.1 -140.0
Net interest paid by government
(19 85-35-66) 100 227.9 255.0
Personal interest payments (17 83) 101 191.3 215.0
Personal interest income (92 100 101)
or (32 61 65) 102 895.1 1,022.0
2006 2007
Monetary interest
Monetary interest paid 3,819.6 4,237.2
Domestic business (1) 2,360.2 2,605.1
Corporate business 1,928.3 2,135.9
Financial 1,363 1,523
On deposits (2) 194.5 239.7
On other liabilities 1,168.9 1,283.4
Nonfinancial 564.9 612.9
Sole proprietorships and partnerships 354.5 384.5
Farm 10.3 11.0
Nonfarm 344.2 373.5
Other private business 77.4 84.6
Rental income of persons 76.2 83.5
Proprietors' income 1.1 1.1
Households and nonprofit institutions 799.0 872.4
Households 783.6 857.1
Owner-occupied housing 524.2 568.9
Persons (3) 259.4 288.2
Nonprofit institutions 15.4 15.3
Government 381.1 414.8
Federal 282.3 312.6
State and local 98.9 102.2
Rest of the world 279.2 344.9
To business and persons 277.1 343.2
To federal government 2.0 1.7
Monetary Interest received 3,819.6 4,237.2
Domestic business (1) 2,579.3 2,815.8
Corporate business 2,425.7 2,659.2
Financial 2,100.7 2,293.2
Nonfinancial 325.0 366.1
Financial sole proprietorships and
partnerships (4) 153.5 156.5
Other private business 0.0 0.0
Persons (4) 691.8 748.9
Publicly administered government
employee retirement plans (5) 120.5 130.9
Other (6) 571.3 618.0
Government 92.9 99.6
Federal 17.6 21.2
State and local 75.2 78.4
Rest of the world 455.6 572.8
From business 320.7 407.7
From federal government 135.0 165.1
Imputed interest
Total Imputed Interest paid (43 70) 311.3 373.9
Total imputed Interest received (49 89) 311.3 373.9
Depositor and insurance services:
Imputed Interest paid 491.3 543.2
Domestic corporate business, financial 484.3 536.5
Banks, credit agencies, and
investment companies 212.7 257.4
Life insurance carriers 239.1 248.0
Property and casualty insurance
companies 32.5 31.1
Rest of the world 7.0 6.7
Imputed interest received 491.3 543.2
Domestic business (1) 40.0 57.6
Corporate business 23.3 38.9
Financial -12.0 2.8
Nonfinancial 35.3 36.1
Sole proprietorships and partnerships 16.2 18.2
Farm 0.6 0.7
Nonfarm 15.7 17.5
Other private business 0.5 0.5
Households and nonprofit institutions 435.0 466.7
Households 433.9 465.6
Owner-occupied housing 1.4 1.3
Persons 432.5 464.3
From banks credit agencies, and
investment companies 181.1 204.8
From life insurance carriers 239.1 248.0
From property and casualty
insurance companies 12.3 11.5
Nonprofit institutions 1.2 1.1
Government 5.7 7.0
Federal 0.4 0.8
State and local 5.3 6.2
Rest of the world 10.6 12.0
Borrower services:
Imputed interest paid -180 -169.3
Domestic business (1) -94.3 -89.0
Corporate business -67.6 -63.2
Financial -13.5 -11.9
Nonfinancial -54.1 -51.3
Sole proprietorships and
partnerships -21.3 -20.6
Farm -1.5 -1.4
Nonfarm -19.8 -19.2
Other private business -5.4 -5.2
Rental income of persons and
proprietors' income -5.4 -5.2
Households and nonprofit institutions -78.5 -74.6
Households -74.6 -70.9
Owner-occupied housing -50.6 -48.1
Persons -24.1 -22.8
Nonprofit institutions -3.9 -3.7
Government -4.6 -3.6
Federal 0.0 0.0
State and local -4.6 -3.6
Rest of the world -2.6 -2.1
Imputed interest received -180.0 -169.3
Domestic corporate business, financial -180.0 -169.3
Banks, credit agencies, and
investment companies -180.0 -169.3
Addenda:
Net interest (93 97 98 99) 612.1 644.4
Domestic business (2 44 71-26-50-90) 311.1 348.5
Corporate (3 44 72-27-51-90) 76.1 80.4
Sole proprietorships and
partnerships (8 75-30-54) 163.4 189.2
Other private business
(11 78-31-57) 71.5 78.9
Owner-occupied housing (16 82-60) 472.2 519.6
Nonprofit institutions (18 84) 11.5 11.6
Rest of the world (22 48 88-38-69) -182.6 -235.2
Net interest paid by government
(19 85-35-66) 277.9 304.5
Personal interest payments (17 83) 235.4 265.4
Personal interest income (92 100 101)
or (32 61 65) 1,125.4 1,214.3
(1.) Excludes interest paid or received by government enterprises,
which is included in the government sector.
(2.) Consists of interest paid on the deposit liabilities of
commercial and mutual savings banks, savings and loan associations,
and credit unions.
(3.) Consists of nonmortgage interest paid by households.
(4.) Interest received by nonfinancial sole proprietorships and
partnerships is considered interest received by persons and is
included in line 32.
(5.) Beginning with October 2002, includes the Uniformed Services
Retiree Health Care Fund.
(6.) Includes nonprofit institutions primarily serving households.
NOTE. In this table, imputed interest paid (line 41) is the sum of
(1) premium supplements paid to property and casualty insurance
carriers by households and institutions, governments, domestic
business, and the rest of the world as a measure of imputed
services provided to these sectors by the property and casualty
insurance providers, (2) the difference between the property income
received by financial intermediaries from the investment of
depositors' or beneficiaries' funds and the interest paid by them
to business, households and institutions, governments, and the rest
of the world, and (3) the imputed services provided to these
sectors in the role of borrowers of financial services; these
services are included as negative amounts paid by the borrowers and
received by the financial intermediaries.
Table 7.12. Imputations in the National Income and Product Accounts
[Billions of dollars]
Line 2004 2005
Gross domestic product
Gross domestic product 1 11,685.9 12,421.9
Imputations (133-134 141 147 148
150 152 153 158 160 161 165-166
167 170 179 181) 2 1,724.4 1,815.5
Excluding imputations (1-2) 3 9,961.5 10,606.3
Personal consumption expenditures 4 8,195.9 8,694.1
Imputations (133-134 141 147 152
160 167 171 172 173 174-177-178 5 790.5 770.7
Excluding imputations (4-5) 6 7,405.4 7,923.4
Gross private domestic investment 7 1,888.6 2,086.1
Imputations (177 178 179) 8 721.6 814.8
Excluding imputations (7-8) 9 1,167.0 1,271.3
Net exports of goods and services 10 -615.4 -713.6
Imputations (14-17) 11 5.4 7.3
Excluding imputations (10-11) 12 -620.8 -720.9
Exports of goods and services 13 1,182.4 1,311.5
Imputations (150 158 165) 14 12.4 11.8
Excluding imputations (13-14) 15 1,170.0 1,299.7
Imports of goods and services 16 1,797.8 2,025.1
Imputations (166) 17 7.0 4.4
Excluding imputations (16-17) 18 1,790.8 2,020.7
Government consumption expenditures
and gross investment 19 2,216.8 2,355.3
Imputations (148 153 161 175 181) 20 206.9 222.7
Excluding imputations (19-20) 21 2,009.9 2,132.5
Government consumption expenditures 22 1,844.0 1,957.5
Imputations (148 153 161 175
181-182) 23 -165.9 -175.1
Excluding imputations (22-23) 24 2,009.9 2,132.5
Gross government investment 25 372.8 397.8
Imputations (182) 26 372.8 397.8
Excluding imputations (25-26) 27 0.0 0.0
Gross domestic income
Gross domestic income 28 11,667 12,493
Imputations (133-134 141 147 148
150 152 153 158 160 161 165-166
167 170 179 181) 29 1,724.5 1,815.5
Excluding imputations (28-29) 30 9,942.3 10,677.5
Compensation of employees, paid 31 6,662.5 7,037.2
Imputations (170) 32 493.9 530.2
Excluding imputations (31-32) 33 6,168.6 6,507.0
Taxes on production and imports 34 863.8 928.2
Imputations (135 142) 35 137.0 146.0
Excluding imputations (34-35) 36 726.8 782.2
Less: Subsidies 37 44.6 59.3
Imputations (136) 38 1.4 4.0
Excluding imputations (37-38) 39 43.2 55.2
Net operating surplus 40 2,748.9 2,974.9
Imputations (138 139 167 179 183) 41 669.8 641.9
Excluding imputations (40-41) 42 2,079.2 2,333.1
Net interest and miscellaneous
payments 43 602.3 709.1
Imputations (183) 44 598.4 653.9
Excluding imputations (43-44) 45 3.9 55.3
Business current transfer
payments (net) 46 83.0 70.0
Imputations (138) 47 0.7 -11.0
Excluding imputations (46-47) 48 82.3 81.0
Proprietors' income with inventory
valuation and capital
consumption adjustments 49 911.6 959.8
Imputations (167 179) 50 3.8 4.4
Excluding imputations (49-50) 51 907.9 955.5
Rental income of persons with
capital consumption adjustment 52 118.4 40.9
Imputations (139) 53 67.0 -5.3
Excluding imputations (52-53) 54 51.4 46.2
Consumption of fixed capital 55 1,436.1 1,612.0
Imputations (140 144 181) 56 425.1 501.5
Excluding imputations (55-56) 57 1,011.0 1,110.5
Personal income, outlays, and saving
Personal income 58 9,727.2 10,269.8
Imputations (139-136 147 160
-164 167 171 172 173 174 179) 59 749.9 714.0
Excluding imputations (58-59) 60 8,977.4 9,555.9
Compensation of employees, received 61 6,671.4 7,025.8
Imputations (170) 62 493.9 530.2
Excluding imputations (61-62) 63 6,177.5 6,495.6
Proprietors' income with inventory
valuation and capital consumption
adjustments 64 911.6 959.8
Imputations (167 179) 65 3.8 4.4
Excluding imputations(64-65) 66 907.9 955.5
Rental income of persons with capital
consumption adjustment 67 118.4 40.9
Imputations (139) 68 67.0 -5.3
Excluding imputations (67-68) 69 51.4 46.2
Personal interest income 70 895.1 1,022.0
Imputations (147 160-164) 71 191.0 193.3
Excluding imputations (70-71) 72 704.1 828.7
Personal current transfer receipts 73 1,422.5 1,520.7
Imputations (-136) 74 -1.4 -4.0
Excluding imputations (73-74) 75 1,423.9 1,524.8
Less: Contributions for government
social insurance 76 828.8 874.3
Imputations (175) 77 4.6 4.6
Excluding imputations (76-77) 78 824.3 869.6
Personal current taxes 79 1,046.3 1,207.8
Imputations (-135-142) 80 -137.0 -146.0
Excluding imputations(79-80) 81 1,183.3 1,353.8
Disposable personal income 82 8,680.9 9,062.0
Imputations (59-80) 83 886.8 859.8
Excluding imputations (82-83) 84 7,794.1 8,202.1
Personal outlays 85 8,499.2 9,029.5
Imputations (x138 198) 86 397.8 339.1
Excluding imputations (85-86) 87 8,101.4 8,690.4
Personal saving 88 181.7 32.5
Imputations (177 178 179-140-144) 89 489.0 520.7
Excluding imputations (88-89) 90 -307.3 -488.3
Government current receipts,
expenditures, and net saving
Government current receipts 91 3,254.1 3,620.4
Imputations (148 161 175) 92 10.6 10.3
Excluding imputations (91-92) 93 3,243.5 3,610.0
Government current expenditures 94 3,623.2 3,882.6
Imputations (148 161 175 181-182) 95 -169.8 -180.0
Excluding imputations (94-95) 96 3,793.0 4,062.6
Net government saving 97 -369.1 -262.2
Imputations (182-181) 98 180.4 190.3
Excluding imputations (97-98) 99 -549.5 -452.6
Current receipts from and
payments to the rest of the world
Current receipts from the rest of the
world 100 1,619.9 1,885.0
Imputations (150 165 166) 101 18.0 14.4
Excluding imputations (100-101) 102 1,601.9 1,870.6
Exports of goods and services 103 1,182.4 1,311.5
Imputations (150 158 165) 104 12.4 11.8
Excluding imputations (103-104) 105 1,170.0 1,299.8
Income receipts from the rest of the
world 106 437.5 573.5
Imputations (-158 166) 107 5.6 2.6
Excluding imputations (106-107) 108 431.9 570.8
Current payments to the rest of the world 109 2,244.0 2,595.9
Imputations (150 165 166) 110 18.0 14.4
Excluding imputations (109-110) 111 2,226.1 2,581.5
Imports of goods and services 112 1,797.8 2,025.1
Imputations (166) 113 7.0 4.4
Excluding imputations (112-113) 114 1,790.8 2,020.7
Income payments to the rest of the
world 115 361.3 480.5
Imputations (150 165) 116 11.0 10.0
Excluding imputations (115-116) 117 350.3 470.5
Gross saving or
gross domestic investment
Gross domestic investment, or gross
saving and statistical discrepancy 118 1,637.3 1,773.0
Imputations (176 182) 119 1,094.4 1,212.6
Excluding imputations (118-119) 120 542.8 560.4
Net saving 121 182.0 232.2
Imputations (176 182-140-144-181) 122 669.4 711.1
Excluding imputations (121-122) 125 -487.3 -478.9
Personal saving 124 181.7 32.5
Imputations (176-140-144) 125 489.0 520.7
Excluding imputations (124-125) 126 -307.3 -488.3
Net government saving 127 -369.1 -262.2
Imputations (182-181) 128 180.4 190.3
Excluding imputations (127-128) 129 -549.5 -452.6
Consumption of fixed capital 130 1,436.1 1,612.0
Imputations (140 144 181) 131 425.1 501.5
Excluding imputations (130-131) 132 1,011.0 1,110.5
Specific imputations
Owner-occupied housing:
Space rent 133 905.7 959.5
Intermediate inputs 134 175.7 202.1
Taxes on production and imports 135 130.7 139.2
Subsidies 136 1.4 4.0
Net interest (186-156-164) 137 359.5 408.7
Current transfer payments 138 0.7 -11.0
Rental income of persons with capital
consumption adjustment
(133-134-135 136-137-138-140) 139 67.0 -5.3
Consumption of fixed capital 140 173.6 229.7
Rental value of nonresidential fixed
assets owned and used by nonprofit
institutions serving households (1) 141 79.1 83.7
Taxes on production and imports 142 6.4 6.7
Net interest (187 190) 143 13.7 12.6
Consumption of fixed capital 144 59.0 64.4
Services furnished without payment by
financial intermediaries except life
insurance carriers (146 151) 145 351.9 370.8
Depositor services 146 236.4 226.8
Persons (2) 147 178.8 181.2
Government 148 5.8 5.5
Private enterprises 149 42.8 31.6
Rest of the world (3) 150 9.0 8.6
Borrower services 151 115.6 144.0
Persons 152 17.6 19.9
Government 153 3.9 5.0
Private enterprises 154 92.7 117.4
Domestic business 155 60.1 74.6
Owner-occupied housing 156 30.2 39.7
Nonprofit institutions serving
households 157 2.4 3.0
Rest of the world (4) 158 1.4 1.8
Premium supplements for property and
casualty insurance
(160 161 162 165-166) 159 33.2 30.6
Persons and nonprofit institutions
serving households 160 13.5 13.5
Government 161 0.2 0.2
Private enterprises 162 24.4 20.0
Domestic business 163 23.2 18.6
Owner-occupied housing 164 1.3 1.3
To the rest of the world (exports) 165 2.0 1.4
From the rest of the world (imports) 166 7.0 4.4
Farm products consumed on farms 167 0.2 0.2
Output 168 0.5 0.5
Less: Intermediate inputs 169 0.3 0.3
Employment-related imputations 170 493.9 530.2
Food furnished to employees, including
military and domestic services (5) 171 12.7 13.7
Standard clothing issued to military
personnel (5) 172 0.3 0.4
Employees' lodging (5) 173 0.6 0.6
Employer contributions for health and
life insurance (6) 174 475.7 510.9
Contributions for government social
insurance for federal government
employees for certain programs (7) 175 4.6 4.6
Private investment-related imputations 176 721.6 814.8
Owner-occupied residential
structures (8) 177 619.8 709.0
Nonresidential fixed investment by
nonprofit institutions serving
households (9) 178 98.3 101.7
Margins on owner-built housing 179 3.6 4.1
Government investment-related imputations 180 565.2 605.3
General government consumption of
fixed capital (10) 181 192.4 207.5
Gross government investment (11) 182 372.8 397.8
Interest-related imputations:
Net interest, domestic (184-191 192-195) 183 598.4 653.9
Interest paid by persons 184 374.4 422.7
Monetary interest paid by persons 185 407.0 465.4
Owner-occupied housing 186 391.0 449.8
Interest paid by nonprofit
institutions serving
households 187 16.1 15.6
Imputed interest paid by persons 188 -32.6 -42.7
Owner-occupied housing (-156) 189 -30.2 -39.7
Nonprofit institutions serving
households (-157) 190 -2.4 -3.0
Less: Imputed interest received by
persons (164) 191 1.3 1.3
Imputed interest paid by private
enterprises 192 176.9 140.0
By banks, credit agencies, and
investment companies for
depositor services and by
property and casualty insurance
carriers (146 159) 193 269.6 257.4
By private enterprises for
borrower services (-154) 194 -92.7 -117.4
Less: Imputed interest received 195 -48.3 -92.5
By banks far borrower
services (-151) 196 -115.6 -144.0
By other private enterprises
(149 162) 197 67.2 51.5
Personal interest payments 198 -392.0 -442.6
Owner-occupied housing (-186 156) 199 -360.7 -410.1
Interest paid by nonprofit institutions
serving households (-143) 200 -13.7 -12.6
Borrower services paid by persons (-152) 201 -17.6 -19.9
Personal interest income (147 160-164) 202 191.0 193.3
Net interest, domestic (183) 203 598.4 653.9
Net interest, rest of the world
(-150-158-165 166) 204 -5.4 -7.3
Net imputed interest paid by government
(-148-153-161) 205 -9.9 -10.6
Personal interest payments (198) 206 -392 -442.6
Selected aggregates
Gross domestic product 207 11,685.9 12,421.9
Imputations 208 1,724.4 1,815.5
Owner-occupied housing (133-134) 209 730.0 757.3
Rental value of nonresidential fixed
assets owned and used by nonprofit
institutions serving households
(142 143 144) 210 79.1 83.7
Services furnished without payment
by financial intermediaries
except life insurance carriers
(147 148 150 152 153 158) 211 216.4 221.9
Premium supplements for property
and casualty insurance
(160 161 165-166) 212 8.8 10.7
Employment-related imputations (170) 213 493.9 530.2
Farm products consumed on farms (167) 214 0.2 0.2
Margins on owner-built housing (179) 215 3.6 4.1
Consumption of general government
fixed capital (181) 216 192.4 207.5
Excluding imputations (207-208) 217 9,961.5 10,606.3
Personal income 218 9,727.2 10,269.8
Imputations 219 749.8 713.9
Food furnished to employees,
including military and domestic
service (171) 220 12.7 13.7
Standard clothing issued to military
personnel (172) 221 0.3 0.4
Employees' lodging (173) 222 0.6 0.6
Employer contributions for health
and life insurance (174) 223 475.7 510.9
Farm products consumed on farms (167) 224 0.2 0.2
Margins on owner-built housing (179) 225 3.6 4.1
Owner-occupied housing (139-136) 226 65.6 -9.4
Depositor services furnished without
payment by financial
intermediaries except life
insurance carriers and premium
supplements (147 160-164) 227 191.0 193.3
Excluding imputations (218-219) 228 8,977.4 9,555.9
2006 2007
Gross domestic product
Gross domestic product 13,178.4 13,807.5
Imputations (133-134 141 147 148
150 152 153 158 160 161 165-166
167 170 179 181) 1,913.9 2,034.0
Excluding imputations (1-2) 11,264.5 11,773.6
Personal consumption expenditures 9,207.2 9,710.2
Imputations (133-134 141 147 152
160 167 171 172 173 174-177-178 862.6 1,081.4
Excluding imputations (4-5) 8,344.7 8,628.7
Gross private domestic investment 2,220.4 2,130.4
Imputations (177 178 179) 806.2 688.1
Excluding imputations (7-8) 1,414.2 1,442.2
Net exports of goods and services -757.3 -707.8
Imputations (14-17) 6.2 7.3
Excluding imputations (10-11) -763.5 -715.1
Exports of goods and services 1,480.8 1,662.4
Imputations (150 158 165) 13.1 14.0
Excluding imputations (13-14) 1,467.6 1,648.4
Imports of goods and services 2,238.1 2,370.2
Imputations (166) 7.0 6.7
Excluding imputations (16-17) 2,231.1 2,363.5
Government consumption expenditures
and gross investment 2,508.1 2,674.8
Imputations (148 153 161 175 181) 239.0 257.1
Excluding imputations (19-20) 2,269.1 2,417.7
Government consumption expenditures 2,081.5 2,212.0
Imputations (148 153 161 175
181-182) -187.7 -205.8
Excluding imputations (22-23) 2,269.1 2,417.7
Gross government investment 426.7 462.8
Imputations (182) 426.7 462.8
Excluding imputations (25-26) 0.0 0.0
Gross domestic income
Gross domestic income 13,341 13,889
Imputations (133-134 141 147 148
150 152 153 158 160 161 165-166
167 170 179 181) 1,913.9 2,034.0
Excluding imputations (28-29) 11,427.5 11,855.0
Compensation of employees, paid 7,440.4 7,819.4
Imputations (170) 544.1 572.4
Excluding imputations (31-32) 6,896.3 7,247.0
Taxes on production and imports 976.2 1015.5
Imputations (135 142) 155.1 163.9
Excluding imputations (34-35) 821.1 851.6
Less: Subsidies 49.7 52.3
Imputations (136) 2.1 1.2
Excluding imputations (37-38) 47.7 51.1
Net operating surplus 3,350.6 3,386.0
Imputations (138 139 167 179 183) 726.1 777.1
Excluding imputations (40-41) 2,624.5 2,609.0
Net interest and miscellaneous
payments 813.8 899.6
Imputations (183) 718.8 789.3
Excluding imputations (43-44) 95.0 110.3
Business current transfer
payments (net) 85.4 100.2
Imputations (138) 10.1 6.2
Excluding imputations (46-47) 75.3 94.1
Proprietors' income with inventory
valuation and capital
consumption adjustments 1,014.7 1,056.2
Imputations (167 179) 3.7 3.2
Excluding imputations (49-50) 1,011.0 1,053.0
Rental income of persons with
capital consumption adjustment 44.3 40.0
Imputations (139) -6.5 -21.6
Excluding imputations (52-53) 50.7 61.6
Consumption of fixed capital 1,623.9 1,720.5
Imputations (140 144 181) 490.6 521.8
Excluding imputations (55-56) 1,133.3 1,198.6
Personal income, outlays, and saving
Personal income 10,993.9 11,663.2
Imputations (139-136 147 160
-164 167 171 172 173 174 179) 727.5 763.9
Excluding imputations (58-59) 10,266.4 10,899.4
Compensation of employees, received 7,432.6 7,818.6
Imputations (170) 544.1 572.4
Excluding imputations (61-62) 6,888.4 7,246.2
Proprietors' income with inventory
valuation and capital consumption
adjustments 1,014.7 1,056.2
Imputations (167 179) 3.7 3.2
Excluding imputations(64-65) 1,011.0 1,053.0
Rental income of persons with capital
consumption adjustment 44.3 40.0
Imputations (139) -6.5 -21.6
Excluding imputations (67-68) 50.7 61.6
Personal interest income 1,125.0 1,214.3
Imputations (147 160-164) 193.2 216.1
Excluding imputations (70-71) 932.2 998.2
Personal current transfer receipts 1,603.0 1,713.3
Imputations (-136) -2.1 -1.2
Excluding imputations (73-74) 1,605.1 1,714.5
Less: Contributions for government
social insurance 925.5 965.1
Imputations (175) 5.0 5.1
Excluding imputations (76-77) 920.5 960.0
Personal current taxes 1,353.2 1,492.8
Imputations (-135-142) -155.1 -163.9
Excluding imputations(79-80) 1,508.3 1,656.6
Disposable personal income 9,640.7 10,170.5
Imputations (59-80) 882.6 927.7
Excluding imputations (82-83) 8,758.1 9,242.7
Personal outlays 9,570.0 10,113.1
Imputations (x138 198) 343.4 520.1
Excluding imputations (85-86) 9,226.6 9,593.0
Personal saving 70.7 57.4
Imputations (177 178 179-140-144) 539.3 407.7
Excluding imputations (88-89) -468.5 -350.3
Government current receipts,
expenditures, and net saving
Government current receipts 3,963.8 4,177.8
Imputations (148 161 175) 10.7 12.1
Excluding imputations (91-92) 3,953.1 4,165.7
Government current expenditures 4,118.8 4,396.7
Imputations (148 161 175 181-182) -192.3 -209.4
Excluding imputations (94-95) 4,311.1 4,606.1
Net government saving -155.0 -218.9
Imputations (182-181) 203.0 221.5
Excluding imputations (97-98) -357.9 -440.4
Current receipts from and
payments to the rest of the world
Current receipts from the rest of the
world 2,206.1 2,524.1
Imputations (150 165 166) 17.6 18.7
Excluding imputations (100-101) 2,188.6 2,505.5
Exports of goods and services 1,480.8 1,662.4
Imputations (150 158 165) 13.1 14.0
Excluding imputations (103-104) 1,467.7 1,648.5
Income receipts from the rest of the
world 725.4 861.7
Imputations (-158 166) 4.4 4.6
Excluding imputations (106-107) 721.0 857.1
Current payments to the rest of the world 2,977.7 3,242.7
Imputations (150 165 166) 17.6 18.7
Excluding imputations (109-110) 2,960.2 3,224.1
Imports of goods and services 2,238.1 2,370.2
Imputations (166) 7.0 6.7
Excluding imputations (112-113) 2,231.1 2,363.5
Income payments to the rest of the
world 647.1 759.3
Imputations (150 165) 10.6 12.0
Excluding imputations (115-116) 636.5 747.4
Gross saving or
gross domestic investment
Gross domestic investment, or gross
saving and statistical discrepancy 1,875.5 1,874.6
Imputations (176 182) 1,232.8 1,151.0
Excluding imputations (118-119) 642.6 723.6
Net saving 414.5 235.6
Imputations (176 182-140-144-181) 742.2 629.1
Excluding imputations (121-122) -327.7 -393.6
Personal saving 70.7 57.4
Imputations (176-140-144) 539.3 407.7
Excluding imputations (124-125) -468.5 -350.3
Net government saving -155.0 -218.9
Imputations (182-181) 203.0 221.5
Excluding imputations (127-128) -357.9 -440.4
Consumption of fixed capital 1,623.9 1,720.5
Imputations (140 144 181) 490.6 521.8
Excluding imputations (130-131) 1,133.3 1,198.6
Specific imputations
Owner-occupied housing:
Space rent 1,028.7 1,071.2
Intermediate inputs 210.3 206.7
Taxes on production and imports 147.8 156.0
Subsidies 2.1 1.2
Net interest (186-156-164) 472.2 519.6
Current transfer payments 10.1 6.2
Rental income of persons with capital
consumption adjustment
(133-134-135 136-137-138-140) -6.5 -21.6
Consumption of fixed capital 196.9 205.5
Rental value of nonresidential fixed
assets owned and used by nonprofit
institutions serving households (1) 88.8 94.4
Taxes on production and imports 7.2 7.8
Net interest (187 190) 11.5 11.6
Consumption of fixed capital 70.1 75.0
Services furnished without payment by
financial intermediaries except life
insurance carriers (146 151) 392.7 426.7
Depositor services 212.7 257.4
Persons (2) 181.1 204.8
Government 5.5 6.8
Private enterprises 17.8 35.7
Rest of the world (3) 8.3 10.1
Borrower services 180.0 169.3
Persons 24.1 22.8
Government 4.6 3.6
Private enterprises 148.8 140.8
Domestic business 94.3 89.0
Owner-occupied housing 50.6 48.1
Nonprofit institutions serving
households 3.9 3.7
Rest of the world (4) 2.6 2.1
Premium supplements for property and
casualty insurance
(160 161 162 165-166) 32.5 31.1
Persons and nonprofit institutions
serving households 13.5 126.0
Government 0.2 0.2
Private enterprises 23.6 232.0
Domestic business 22.2 22.0
Owner-occupied housing 1.4 1.3
To the rest of the world (exports) 2.3 18.0
From the rest of the world (imports) 7.0 6.7
Farm products consumed on farms 0.2 0.3
Output 0.6 0.6
Less: Intermediate inputs 0.4 0.3
Employment-related imputations 544.1 572.4
Food furnished to employees, including
military and domestic services (5) 15.7 16.9
Standard clothing issued to military
personnel (5) 0.4 0.4
Employees' lodging (5) 0.7 0.7
Employer contributions for health and
life insurance (6) 522.4 549.3
Contributions for government social
insurance for federal government
employees for certain programs (7) 5.0 5.1
Private investment-related imputations 806.2 688.1
Owner-occupied residential
structures (8) 693.6 568.3
Nonresidential fixed investment by
nonprofit institutions serving
households (9) 109.1 116.9
Margins on owner-built housing 3.5 3.0
Government investment-related imputations 650.3 704.2
General government consumption of
fixed capital (10) 223.7 241.4
Gross government investment (11) 426.7 462.8
Interest-related imputations:
Net interest, domestic (184-191 192-195) 718.8 789.3
Interest paid by persons 485.1 532.4
Monetary interest paid by persons 539.6 584.2
Owner-occupied housing 524.2 568.9
Interest paid by nonprofit
institutions serving
households 15.4 15.3
Imputed interest paid by persons -54.5 -51.8
Owner-occupied housing (-156) -50.6 -48.1
Nonprofit institutions serving
households (-157) -3.9 -3.7
Less: Imputed interest received by
persons (164) 1.4 1.3
Imputed interest paid by private
enterprises 96.5 147.7
By banks, credit agencies, and
investment companies for
depositor services and by
property and casualty insurance
carriers (146 159) 245.2 288.5
By private enterprises for
borrower services (-154) -148.8 -140.8
Less: Imputed interest received -138.6 -110.5
By banks far borrower
services (-151) -180.0 -169.3
By other private enterprises
(149 162) 41.3 58.9
Personal interest payments -509.1 -555.2
Owner-occupied housing (-186 156) -473.6 -520.8
Interest paid by nonprofit institutions
serving households (-143) -11.5 -11.6
Borrower services paid by persons (-152) -24.1 -22.8
Personal interest income (147 160-164) 193.2 216.1
Net interest, domestic (183) 718.8 789.3
Net interest, rest of the world
(-150-158-165 166) -6.2 -7.3
Net imputed interest paid by government
(-148-153-161) -10.3 -10.6
Personal interest payments (198) -509.1 -555.2
Selected aggregates
Gross domestic product 13,178.4 13,807.5
Imputations 1,913.9 2,034.0
Owner-occupied housing (133-134) 818.5 864.4
Rental value of nonresidential fixed
assets owned and used by nonprofit
institutions serving households
(142 143 144) 88.8 94.4
Services furnished without payment
by financial intermediaries
except life insurance carriers
(147 148 150 152 153 158) 226.1 250.3
Premium supplements for property
and casualty insurance
(160 161 165-166) 9.0 7.9
Employment-related imputations (170) 544.1 572.4
Farm products consumed on farms (167) 0.2 0.3
Margins on owner-built housing (179) 3.5 3.0
Consumption of general government
fixed capital (181) 223.7 241.4
Excluding imputations (207-208) 11,264.5 11,773.6
Personal income 10,993.9 11,663.2
Imputations 727.5 763.9
Food furnished to employees,
including military and domestic
service (171) 15.7 16.9
Standard clothing issued to military
personnel (172) 0.4 0.4
Employees' lodging (173) 0.7 0.7
Employer contributions for health
and life insurance (174) 522.4 549.3
Farm products consumed on farms (167) 0.2 0.3
Margins on owner-built housing (179) 3.5 3.0
Owner-occupied housing (139-136) -8.5 -22.8
Depositor services furnished without
payment by financial
intermediaries except life
insurance carriers and premium
supplements (147 160-164) 193.2 216.1
Excluding imputations (218-219) 10,266.4 10,899.4
(1.) Residential dwellings owned and used by nonprofit
institutions serving households are included in owner-occupied
housing categories.
(2.) Includes services furnished without payment by financial
intermediaries except life insurance carriers to government
employee retirement plans.
(3.) Classified as a service in exports, and as an income payment
to the rest of the world.
(4.) Classified as a service in exports, and as an income receipt
from the rest of the world.
(5.) For general government employees, recorded as compensation of
employees (wages and salaries) and as a sale; does not affect
government consumption expenditures. Similar payments for employees
of government enterprises are not included in government
consumption expenditures; they are deducted in the calculation of
the surplus of government enterprises.
(6.) Health insurance premiums paid by employers are included in
the calculation of the "health insurance" category of personal
consumption expenditures (PCE); life insurance premiums paid by
employers are included in the calculation of the "expenses of
handling life insurance and pension plans" category of PCE.
(7.) Consists of the programs for which a social insurance fund is
imputed, and for which contributions are set equal to benefits
paid. These payments are funded directly out of the current budget.
The specific programs consist of workers' compensation,
unemployment insurance, and medical services for the dependents of
active duty military personnel at nonmilitary facilities. Source
data are not available for the corresponding treatment for similar
state and local government programs. Similar payments for employees
of government enterprises are not included in government
consumption expenditures; they are deducted in the calculation of
the surplus of government enterprises.
(8.) Consists of owner-occupant purchases of new single-family
dwellings, including manufactured homes, expenditures on
improvements, and payments of commissions on new and existing
residential dwellings, less sales of dwellings to government. The
series is calculated from the investment data prepared as part of
BEA's capital stock estimates. It differs from the investment data
shown in table 5.4.5 because the series shown in that table reflect
total purchases by private business.
(9.) Excludes investment by nonprofit institutions serving
households in residential properties, which is included in
owner-occupant investment (see footnote 1) and in sales of existing
structures to governments. The series is calculated from the
investment data prepared as part of BEA's capital stock estimates.
It differs from the investment data shown in table 5.4.5 because
the series shown in that table reflect total purchases by private
business.
(10.) The consumption of fixed capital (CFC) of government
enterprises is not included in government consumption expenditures;
it is deducted in the calculation of the current surplus of
government enterprises and is recorded as part of total government
CFC.
(11.) Includes gross investment of government enterprises.
NOTE. "Imputations" are transactions recorded in the national
income and product accounts that are not transactions of the market
economy. In this table, the imputations shown in the "specific
imputations" section are those that affect gross domestic product
(GDP) In table 7.11, imputed interest paid by life insurance
carriers (line 46) consists of the property incomes earned on life
insurance and pension reserves. These incomes are considered to be
incomes received by persons and not by the insurance carriers; this
reclassification is not considered an imputation for purposes of
table 7.12, because it does not affect GDP
Table 7.13. Relation of Consumption of Fixed Capital in the National
Income and Product Accounts to Depreciation and Amortization as
Published by the Internal Revenue Service
[Billions of dollars]
Line 2004 2005
Corporations
Depreciation and amortization, IRS 1 825.7 675.2
Less: Depreciation of assets of foreign
branches 2 2.9 3.3
Depreciation or amortization of
intangible assets (1) 3 96.1 104.1
Other (2) 4 30.0 28.5
Plus: Accidental damage to fixed capital
other than repairable damage 5 14.3 23.4
Depreciation of computer software not
in IRS depreciation 6 135.6 139.3
Depreciation of mining exploration,
shafts, and wells charged to
current expense 7 15.7 17.3
Depreciation of motor vehicles not
in IRS depreciation (3) 8 2.7 2.8
Depreciation of railroad track
charged to current expense (4) 9 ... ...
Other (5) 10 1.8 1.9
Equals: Capital consumption allowances, NIPAS 11 866.8 724.0
Less: Capital consumption adjustment 12 69.7 -134.8
Equals: Consumption of fixed capital, NIPAs 13 797.1 858.9
Nonfarm sole proprietorships and partnerships
Depreciation and amortization, IRS 14 263.7 236.3
Less: Depreciation or amortization of
intangible assets (1) 15 10.6 9.4
Adjustment for misreporting on income
tax returns 16 20.5 18.9
Other (6) 17 1.0 1.0
Plus: Accidental damage to fixed capital
other than repairable damage 18 2.5 5.5
Depreciation of computer software not
in IRS depreciation 19 7.6 7.8
Depreciation of mining exploration,
shafts, and wells charged to
current expense 20 5.1 6.1
Depreciation of motor vehicles not
in IRS depreciation (3) 21 0.7 0.5
Equals: Capital consumption allowances, NIPAS 22 247.6 226.9
Less: Capital consumption adjustment 23 130.5 91.6
Equals: Consumption of fixed capital, NIPAs 24 117.1 135.3
2006 2007
Corporations
Depreciation and amortization, IRS ... ...
Less: Depreciation of assets of foreign
branches ... ...
Depreciation or amortization of
intangible assets (1) ... ...
Other (2) ... ...
Plus: Accidental damage to fixed capital
other than repairable damage ... ...
Depreciation of computer software not
in IRS depreciation ... ...
Depreciation of mining exploration,
shafts, and wells charged to
current expense ... ...
Depreciation of motor vehicles not
in IRS depreciation (3) ... ...
Depreciation of railroad track
charged to current expense (4) ... ...
Other (5) ... ...
Equals: Capital consumption allowances, NIPAS 727.1 752.6
Less: Capital consumption adjustment -165.7 -192.7
Equals: Consumption of fixed capital, NIPAs 892.8 945.3
Nonfarm sole proprietorships and partnerships
Depreciation and amortization, IRS 257.6 ...
Less: Depreciation or amortization of
intangible assets (1) 10.3 ...
Adjustment for misreporting on income
tax returns 20.6 ...
Other (6) 1.0 ...
Plus: Accidental damage to fixed capital
other than repairable damage 0.6 ...
Depreciation of computer software not
in IRS depreciation 8.0 ...
Depreciation of mining exploration,
shafts, and wells charged to
current expense 7.4 ...
Depreciation of motor vehicles not
in IRS depreciation (3) 0.5 ...
Equals: Capital consumption allowances, NIPAS 242.1 264.6
Less: Capital consumption adjustment 110.6 126.3
Equals: Consumption of fixed capital, NIPAs 131.5 138.3
(1.) Consists of intangible assets that the IRS allows
to be amortized.
(2.) Consists of depreciation or amortization of the following
items: Breeding, dairy, and work animals; motion picture films;
rental videocassettes; and rental clothing.
(3.) Consists of depreciation of employees' motor vehicles
reimbursed by business and depreciation of business motor vehicles
charged to current expense.
(4.) Beginning with 1981, included in IRS depreciation (line 1).
(5.) Consists of depreciation of assets owned by Federal Reserve
banks, Federally sponsored credit agencies, credit unions, and
nonprofit institutions serving business; depreciation of interest
paid by public utilities for own-account investment prior to 1987
(beginning with 1987, included in line 1).
(6.) Consists of depreciation or amortization of rental
videocassettes and rental clothing. IRS Internal Revenue Service
Table 7.14. Relation of Nonfarm Proprietors' Income in the National
Income and Product Accounts to Corresponding Measures as Published
by the Internal Revenue Service
[Billions of dollars]
Line 2004 2005
Net profit (less loss) of nonfarm
proprietorships and partnerships,
plus payments to partners, IRS 1 512.9 634.7
Plus: Adjustments for misreporting on income
tax returns 2 356.7 389.5
Posttabulation amendments and
revisions (1) 3 -144.9 -217.1
Depletion on domestic minerals 4 1.5 1.9
Adjustment to depreciate expenditures
for mining exploration, shafts,
and wells 5 5.5 10.8
Bad debt expense 6 14.0 15.3
Income received by fiduciaries 7 1.4 1.5
Income of tax-exempt cooperatives 8 2.9 3.1
Equals: Nonfarm proprietors' income, NIPAs 9 750.0 839.7
2006 2007
Net profit (less loss) of nonfarm
proprietorships and partnerships,
plus payments to partners, IRS 692.7 ...
Plus: Adjustments for misreporting on income
tax returns 407.4 ...
Posttabulation amendments and
revisions (1) -238.2 ...
Depletion on domestic minerals 1.9 ...
Adjustment to depreciate expenditures
for mining exploration, shafts,
and wells 11.2 ...
Bad debt expense 12.3 ...
Income received by fiduciaries 1.6 ...
Income of tax-exempt cooperatives 3.6 ...
Equals: Nonfarm proprietors' income, NIPAs 892.5 893.5
(1.) Consists largely of an adjustment to expense all meals
and entertainment, of oilwell bonus payments written off, of
adjustments for corporate partners and statutory employees,
of interest income, and of margins on owner-built housing.
IRS Internal Revenue Service
Table 7.16. Relation of Corporate Profits, Taxes, and Dividends
in the National Income and Product Accounts to Corresponding
Measures as Published by the Internal Revenue Service
[Billions of dollars]
Line 2004 2005
Total receipts less total deductions, IRS 1 1,075.7 1,892.0
Plus: Adjustment for misreporting on
income tax returns 2 217.1 264.9
Posttabulation amendments and
revisions (1) 3 18.6 -0.7
Income of organizations not filing
corporation income tax returns 4 32.9 36.5
Federal Reserve banks 5 20.0 26.6
Federally sponsored credit
agencies (2) 6 4.0 4.7
Other (3) 7 8.9 5.2
Depletion on domestic minerals 8 9.2 12.3
Adjustment to depreciate
expenditures for mining
exploration, shafts, and wells 9 9.9 13.9
State and local taxes on corporate
income 10 43.0 56.3
Interest payments of regulated
investment companies 11 -75.3 -106.2
Bad debt expense 12 139.7 119.0
Less: Tax-return measures of:
Gains, net of losses, from sale
of property 13 170.8 246.1
Dividends received from domestic
corporations 14 98.7 122.3
Income on equities in foreign
corporations and branches
(to U.S. corporations) 15 167.9 514.1
Costs of trading or issuing
corporate securities (4) 16 22.3 24.4
Plus: Income received from equities in
foreign corporations and branches
by all U.S. residents, net of
corresponding payments 17 193.4 239.4
Equals: Profits before taxes, NIPAs 18 1,204.7 1,620.6
Federal income and excess profits taxes,
IRS 19 299.6 419.2
Plus: Posttabulation amendments and
revisions, including results of
audit and renegotiation and
carryback refunds 20 7.8 7.4
Amounts paid to U.S. Treasury by
Federal Reserve banks 21 18.1 21.5
State and local taxes on corporate
income 22 43.0 56.3
Taxes paid by domestic corporations
to foreign governments on income
earned abroad 23 14.1 16.5
Less: U.S. tax credits claimed for foreign 24 57.8 82.9
taxes paid
Investment tax credit (5) 25
Other tax credits (5) 26 17.3 24.2
Equals: Taxes on corporate income, NIPAs 27 307.4 413.7
Profits after tax, NIPAs (18-27) 28 897.3 1,206.9
Dividends paid in cash or assets, IRS 29 785.0 976.0
Plus: Posttabulation amendments and
revisions (6) 30 -59.4 -7.9
Dividends paid by Federal Reserve
banks and certain federally
sponsored credit agencies (2) 31 1.2 1.9
U.S. receipts of dividends from
abroad, net of payments
to abroad 32 47.8 260.9
Earnings remitted to foreign
residents from their
unincorporated U.S. affiliates 33 3.8 4.2
Interest payments of regulated
investment companies 34 -75.3 -106.2
Less: Dividends received by U.S.
corporations 35 157.1 485.2
Earnings of U.S. residents remitted
by their unincorporated foreign
affiliates 36 6.5 6.3
Equals: Net corporate dividend payments,
NIPAS 37 539.5 577.4
2006 2007
Total receipts less total deductions, IRS ... ...
Plus: Adjustment for misreporting on
income tax returns ... ...
Posttabulation amendments and
revisions (1) ... ...
Income of organizations not filing
corporation income tax returns ... ...
Federal Reserve banks ... ...
Federally sponsored credit
agencies (2) ... ...
Other (3) ... ...
Depletion on domestic minerals ... ...
Adjustment to depreciate
expenditures for mining
exploration, shafts, and wells ... ...
State and local taxes on corporate
income ... ...
Interest payments of regulated
investment companies ... ...
Bad debt expense ... ...
Less: Tax-return measures of:
Gains, net of losses, from sale
of property ... ...
Dividends received from domestic
corporations ... ...
Income on equities in foreign
corporations and branches
(to U.S. corporations) ... ...
Costs of trading or issuing
corporate securities (4) ... ...
Plus: Income received from equities in
foreign corporations and branches
by all U.S. residents, net of
corresponding payments ... ...
Equals: Profits before taxes, NIPAs 1,873.7 1,886.3
Federal income and excess profits taxes,
IRS ... ...
Plus: Posttabulation amendments and
revisions, including results of
audit and renegotiation and
carryback refunds ... ...
Amounts paid to U.S. Treasury by
Federal Reserve banks ... ...
State and local taxes on corporate
income ... ...
Taxes paid by domestic corporations
to foreign governments on income
earned abroad ... ...
Less: U.S. tax credits claimed for foreign ... ...
taxes paid
Investment tax credit (5)
Other tax credits (5) ... ...
Equals: Taxes on corporate income, NIPAs 468.9 450.4
Profits after tax, NIPAs (18-27) 1,404.8 1,435.9
Dividends paid in cash or assets, IRS ... ...
Plus: Posttabulation amendments and
revisions (6) ... ...
Dividends paid by Federal Reserve
banks and certain federally
sponsored credit agencies (2) ... ...
U.S. receipts of dividends from
abroad, net of payments
to abroad ... ...
Earnings remitted to foreign
residents from their
unincorporated U.S. affiliates ... ...
Interest payments of regulated
investment companies ... ...
Less: Dividends received by U.S.
corporations ... ...
Earnings of U.S. residents remitted
by their unincorporated foreign
affiliates ... ...
Equals: Net corporate dividend payments,
NIPAS 702.1 788.7
(1.) Consists largely of an adjustment to expense all meals
and entertainment, of oilwell bonus payments written off,
of adjustments for insurance carriers and savings and loan
associations, of amortization of intangible assets, and of
tax-exempt interest income.
(2.) Consists of the Farm Credit System and the Federal home
loan banks.
(3.) Consists of nonprofit organizations serving business
and of credit unions.
(4.) Includes the imputed financial service charge paid by
corporations to domestic securities dealers who do not charge
an explicit commission.
(5.) Beginning with 1984, the investment tax credit is included
in other tax credits (line 26).
(6.) Consists largely of an adjustment to remove capital gains
distributions of regulated investment companies.
IRS Internal Revenue Service
Table 7.17. Relation of Monetary Interest Paid and Received in the
National Income and Product Accounts to Corresponding Measures as
Published by the Internal Revenue Service
[Billions of dollars]
Line 2004 2005
Corporations
Interest paid, IRS. 1 938.8 1,287.1
Less: Interest paid by foreign branches
of commercial banks 2 3.5 15.2
Plus: Interest paid by organizations not
filing corporation income tax returns 3 30.1 47.6
Federally sponsored credit agencies 4 20.2 35.1
Other (1) 5 9.9 12.5
Interest paid by regulated investment
companies reported as
distributions to stockholders 6 75.3 106.2
Adjustment for mutual savings banks
and savings and loan associations 7 1.1 -0.8
Other (2) 8 5.7 8.5
Equals: Monetary interest paid by
corporations, NIPAs 9 1,047.4 1,433.4
Nonfarm proprietorships and partnerships
Interest paid, IRS 10 75.2 115.3
Plus: Interest reported on rental
expense schedule 11 87.4 101.5
Interest passed through to partners 12 41.6 71.9
Interest capitalized on tax returns 13 0.6 1.8
Less: Adjustment for misreporting on
income tax returns 14 15.8 22.2
Equals: Monetary interest paid, NIPAs 15 189.0 268.2
Corporations
Interest received, IRS 16 1,384.8 1,773.4
Less: Interest received by foreign
branches of commercial banks 17 9.6 11.2
Plus: Interest received by organizations
not filing corporation income tax
returns 18 78.6 104.2
Federal Reserve banks 19 23.5 30.7
Federally sponsored credit agencies 20 24.5 39.5
Other (3) 21 30.6 33.9
Adjustment for mutual savings banks
and savings and loan associations 22 7.8 6.6
Other (4) 23 11.6 15.7
Equals: Monetary interest received by
corporations, NIPAs 24 1,473.3 1,888.8
2006 2007
Corporations
Interest paid, IRS. ... ...
Less: Interest paid by foreign branches
of commercial banks ... ...
Plus: Interest paid by organizations not
filing corporation income tax returns ... ...
Federally sponsored credit agencies ... ...
Other (1) ... ...
Interest paid by regulated investment
companies reported as
distributions to stockholders ... ...
Adjustment for mutual savings banks
and savings and loan associations ... ...
Other (2) ... ...
Equals: Monetary interest paid by
corporations, NIPAs 1,928.3 2,135.9
Nonfarm proprietorships and partnerships
Interest paid, IRS 150.0 ...
Plus: Interest reported on rental
expense schedule 112.7 ...
Interest passed through to partners 108.2 ...
Interest capitalized on tax returns 2.0 ...
Less: Adjustment for misreporting on
income tax returns 28.5 ...
Equals: Monetary interest paid, NIPAs 344.2 373.5
Corporations
Interest received, IRS ... ...
Less: Interest received by foreign
branches of commercial banks ... ...
Plus: Interest received by organizations
not filing corporation income tax
returns ... ...
Federal Reserve banks ... ...
Federally sponsored credit agencies ... ...
Other (3) ... ...
Adjustment for mutual savings banks
and savings and loan associations ... ...
Other (4) ... ...
Equals: Monetary interest received by
corporations, NIPAs 2,425.7 2,659.2
(1.) Consists of interest paid by nonprofit organizations
serving business and by credit unions.
(2.) Consists of construction interest capitalized on tax returns,
interest reported on tax returns in cost of goods sold, and
interest passed through to shareholders by small business corporations.
(3.) Consists of nonprofit organizations serving business, of credit
unions, and of other tax-exempt interest received by commercial banks
and nonlife insurance carriers.
(4.) Consists of interest received by credit agencies and finance
companies reported as business receipts on tax returns and of interest
passed through to shareholders by small business corporations.
NOTE. Total interest received by financial proprietorships and
partnerships is not separately identified by the IRS.
IRS Internal Revenue Service
Table 7.18. Relation of Wages and Salaries in the National Income
and Product Accounts to Wages and Salaries as Published by the
Bureau of Labor Statistics
[Billions of dollars]
Line 2004 2005
Total wages and salaries, BLS (1) 1 5,087.6 5,351.9
Plus: Adjustment for misreporting on
employment tax returns (2) 2 117.6 122.2
Adjustment for thrift savings
plans (3) 3 0.0 0.0
Adjustment for selected industries (4) 4 166.7 174.3
Other (5) 5 22.7 23.2
Equals: Wage and salary disbursements,
NIPAs 6 5,394.5 5,671.7
Plus: Wage accruals less disbursements,
NIPAs 7 -15.0 5.0
Equals: Wage and salary accruals, NIPAs 8 5,379.5 5,676.7
2006 2007
Total wages and salaries, BLS (1) 5,692.6 6,017.3
Plus: Adjustment for misreporting on
employment tax returns (2) 127.5 130.8
Adjustment for thrift savings
plans (3) 0.0 0.0
Adjustment for selected industries (4) 182.3 188.7
Other (5) 24.8 25.2
Equals: Wage and salary disbursements,
NIPAs 6,027.2 6,362.0
Plus: Wage accruals less disbursements,
NIPAs 1.3 -6.3
Equals: Wage and salary accruals, NIPAs 6,028.5 6,355.7
(1.) Total annual wages of workers covered by State unemployment
insurance (UI) laws and by the Unemployment Compensation for
Federal Employees program. Data for the most recent year are
preliminary.
(2.) Consists of unreported wages and salaries paid by employers
and of unreported tips.
(3.) Consists of voluntary contributions by employees. Prior to
1985, employers were not required to report these contributions.
In 1985, reporting requirements were enacted by over one half of
the States; by 1990, the requirement had been enacted by almost
all States.
(4.) Consists of the difference between estimates from more
comprehensive source data (excluding the adjustments in lines 2
and 3) and BLS wages and salaries.
(5.) Consists of wages and salaries for insurance agents classified
as statutory employees, for students and their spouses employed by
public colleges or universities, for nonprofit organizations not
participating in the UI program, for judicial fees paid to jurors
and witnesses, for compensation of prison inmates, for marriage
and license fees paid to justices of the peace, and of other coverage
adjustments.
BLS Bureau of Labor Statistics
COPYRIGHT 2008 U.S. Government Printing Office
COPYRIGHT 2008 Gale, Cengage Learning
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