The Federal Reserve Board eagle logo links to home page

Monetary Policy Report submitted to the Congress on July 18, 2007, pursuant to section 2B of the Federal Reserve Act

Table for figure of Before-Tax Profits of
Nonfinancial Corporations as a
Percent of Sector GDP, 1979-2007
Percent
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.

Return to text