
Monetary Policy Report submitted to the Congress on July 18, 2007, pursuant to section 2B of the Federal Reserve Act
| Period | Before-tax
profits as percent of sector GDP |
|---|---|
| 1979:Q1 | 11.3197 |
| 1979:Q2 | 10.8 |
| 1979:Q3 | 10.1607 |
| 1979:Q4 | 9.8025 |
| 1980:Q1 | 9.3469 |
| 1980:Q2 | 7.8186 |
| 1980:Q3 | 8.3158 |
| 1980:Q4 | 9.1519 |
| 1981:Q1 | 9.5857 |
| 1981:Q2 | 9.4324 |
| 1981:Q3 | 10.2591 |
| 1981:Q4 | 9.1373 |
| 1982:Q1 | 8.3692 |
| 1982:Q2 | 8.7584 |
| 1982:Q3 | 8.643 |
| 1982:Q4 | 7.8584 |
| 1983:Q1 | 8.7806 |
| 1983:Q2 | 9.9052 |
| 1983:Q3 | 10.5114 |
| 1983:Q4 | 10.6281 |
| 1984:Q1 | 11.6447 |
| 1984:Q2 | 11.7247 |
| 1984:Q3 | 11.2248 |
| 1984:Q4 | 11.1807 |
| 1985:Q1 | 10.8544 |
| 1985:Q2 | 10.5107 |
| 1985:Q3 | 11.2026 |
| 1985:Q4 | 10.2276 |
| 1986:Q1 | 9.6922 |
| 1986:Q2 | 9.3796 |
| 1986:Q3 | 9.0829 |
| 1986:Q4 | 9.0679 |
| 1987:Q1 | 9.3218 |
| 1987:Q2 | 10.045 |
| 1987:Q3 | 10.7255 |
| 1987:Q4 | 10.4853 |
| 1988:Q1 | 10.9826 |
| 1988:Q2 | 10.9362 |
| 1988:Q3 | 10.9147 |
| 1988:Q4 | 11.3468 |
| 1989:Q1 | 10.2028 |
| 1989:Q1 | 9.877 |
| 1989:Q3 | 9.6798 |
| 1989:Q4 | 9.1143 |
| 1990:Q1 | 9.2298 |
| 1990:Q2 | 9.6185 |
| 1990:Q3 | 8.7834 |
| 1990:Q4 | 8.4458 |
| 1991:Q1 | 8.6089 |
| 1991:Q2 | 8.4916 |
| 1991:Q3 | 8.3763 |
| 1991:Q4 | 8.2748 |
| 1992:Q1 | 8.7023 |
| 1992:Q2 | 9.0096 |
| 1992:Q3 | 8.5013 |
| 1992:Q4 | 9.5235 |
| 1993:Q1 | 9.1581 |
| 1993:Q2 | 9.9468 |
| 1993:Q3 | 9.8651 |
| 1993:Q4 | 10.9157 |
| 1994:Q1 | 10.3911 |
| 1994:Q2 | 11.3479 |
| 1994:Q3 | 11.5658 |
| 1994:Q4 | 11.9846 |
| 1995:Q1 | 11.327 |
| 1995:Q2 | 11.2968 |
| 1995:Q3 | 11.998 |
| 1995:Q4 | 12.0109 |
| 1996:Q1 | 12.5862 |
| 1996:Q2 | 12.7069 |
| 1996:Q3 | 12.7084 |
| 1996:Q4 | 12.9165 |
| 1997:Q1 | 12.8845 |
| 1997:Q2 | 12.9256 |
| 1997:Q3 | 13.3702 |
| 1997:Q4 | 12.9189 |
| 1998:Q1 | 11.7932 |
| 1998:Q2 | 11.5468 |
| 1998:Q3 | 11.7851 |
| 1998:Q4 | 11.1433 |
| 1999:Q1 | 11.2163 |
| 1999:Q2 | 11.2425 |
| 1999:Q3 | 10.6166 |
| 1999:Q4 | 10.375 |
| 2000:Q1 | 9.5838 |
| 2000:Q2 | 9.6441 |
| 2000:Q3 | 8.9046 |
| 2000:Q4 | 8.0321 |
| 2001:Q1 | 7.228 |
| 2001:Q2 | 7.135 |
| 2001:Q3 | 6.4616 |
| 2001:Q4 | 6.1576 |
| 2002:Q1 | 7.012 |
| 2002:Q2 | 7.7173 |
| 2002:Q3 | 8.183 |
| 2002:Q4 | 9.0272 |
| 2003:Q1 | 8.3284 |
| 2003:Q2 | 8.5398 |
| 2003:Q3 | 9.0758 |
| 2003:Q4 | 9.4401 |
| 2004:Q1 | 10.4766 |
| 2004:Q2 | 11.0338 |
| 2004:Q3 | 11.2693 |
| 2004:Q4 | 11.2009 |
| 2005:Q1 | 11.6151 |
| 2005:Q2 | 12.4016 |
| 2005:Q3 | 11.622 |
| 2005:Q4 | 12.34 |
| 2006:Q1 | 13.2709 |
| 2006:Q2 | 12.7846 |
| 2006:Q3 | 13.6412 |
| 2006:Q4 | 12.667 |
| 2007:Q1 | 12.8707 |
|
Note: The data are quarterly and extend through 2007:Q1. Profits are from domestic operations of nonfinancial corporations, with inventory valuation and capital consumption adjustments. Source: Department of Commerce, Bureau of Economic Analysis. |