Federal Reserve Economic Data

Quarterly

F.3 Distribution of National Income

   

Please select a date range

    Q4 1946    
 
 
    Q2 2024
Millions of Dollars
Line Name Q2 2024 Q1 2024 Q2 2023
line 1
National income
23,232,291 23,056,891 22,241,803
line 2
Compensation of employees
14,820,727 14,644,888 14,154,120
line 3
Wages and salaries
12,289,984 12,138,938 11,733,262
line 4
Supplements to wages and salaries
2,530,743 2,505,950 2,420,858
line 5
Proprietors' income with IVA and CCAdj
1,900,354 1,890,422 1,824,089
line 6
Rental income of persons with CCAdj
1,026,225 1,023,946 961,063
line 7
Corporate profits with IVA and CCAdj
3,424,739 3,367,132 3,172,059
line 8
Corporate profits with IVA
3,864,782 3,799,395 3,513,602
line 9
Profits before tax
3,879,614 3,808,491 3,473,110
line 10
Domestic nonfinancial
2,705,488 2,665,857 2,422,057
line 11
Domestic financial
675,862 626,330 536,952
line 12
Rest of the world
498,264 516,304 514,101
Less:
line 13
Taxes on corporate income
650,773 640,300 570,250
line 14
Domestic nonfinancial
485,022 480,121 430,362
line 15
Domestic financial
165,751 160,179 139,888
Equals:
line 16
Profits after tax
3,228,841 3,168,191 2,902,860
line 17
Net dividends
1,894,876 1,894,009 1,855,787
line 18
Domestic nonfinancial
990,481 1,064,680 1,097,381
line 19
Domestic financial
307,930 336,224 351,599
line 20
Rest of the world
596,465 493,105 406,807
line 21
Undistributed profits
1,333,965 1,274,182 1,047,073
line 22
Domestic nonfinancial
1,229,985 1,121,056 894,314
line 23
Domestic financial
202,181 129,927 45,465
line 24
Rest of the world
-98,201 23,199 107,294
line 25
Inventory valuation adjustment (IVA)
-14,832 -9,096 40,492
line 26
Capital consumption adjustment (CCAdj)
-440,043 -432,263 -341,543
line 27
Domestic nonfinancial
-334,127 -329,454 -248,119
line 28
Domestic financial
-105,916 -102,809 -93,424
line 29
Net interest and miscellaneous payments
64,618 101,524 212,395
line 30
Taxes on production and imports
1,878,076 1,859,463 1,821,592
line 31
Less: Subsidies
94,746 97,215 99,869
line 32
Business current transfer payments (net)
223,333 276,579 206,396
line 33
To persons (net)
113,282 113,832 102,842
line 34
To government (net)
115,727 167,210 108,410
line 35
To rest of the world (net)
-5,676 -4,463 -4,856
line 36
Current surplus of government enterprises
-11,035 -9,848 -10,042
Memo:
Calculation of gross domestic product from National income:
line 37
National Income, from line 1 above
23,232,291 23,056,891 22,241,803
Plus:
line 38
Private consumption of fixed capital
3,987,373 3,931,827 3,797,328
line 39
Government consumption of fixed capital
790,128 782,842 759,689
line 40
Statistical discrepancy
769,882 645,691 437,282
Less:
line 41
Net U.S. income receipts from rest of world
127,339 148,076 173,088
Equals:
line 42
Gross domestic product
28,652,336 28,269,175 27,063,012
   

Subscribe to the FRED newsletter


Follow us

Back to Top