Federal Reserve Economic Data

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    Q4 1946    

 

 

    Q4 2024

			Millions of Dollars
	Line	Name	Q4 2024	Q3 2024	Q4 2023
	line 1	National income	24,472,894	24,214,616	23,509,089
	line 2	Compensation of employees	15,227,424	15,036,066	14,481,248
	line 3	Wages and salaries	12,562,514	12,404,072	11,955,346
	line 4	Supplements to wages and salaries	2,664,910	2,631,994	2,525,902
	line 5	Proprietors' income with IVA and CCAdj	2,035,300	2,013,511	1,970,147
	line 6	Rental income of persons with CCAdj	1,072,323	1,055,680	1,013,617
	line 7	Corporate profits with IVA and CCAdj	3,759,224	3,802,229	3,749,879
	line 8	Corporate profits with IVA	4,038,829	4,076,195	3,928,114
	line 9	Profits before tax	4,064,829	4,076,715	3,887,694
	line 10	Domestic nonfinancial	2,875,206	2,888,234	2,754,094
	line 11	Domestic financial	748,404	751,518	637,359
	line 12	Rest of the world	441,219	436,963	496,241
		Less:
	line 13	Taxes on corporate income	665,000	673,733	648,044
	line 14	Domestic nonfinancial	535,137	544,097	525,232
	line 15	Domestic financial	129,863	129,636	122,812
		Equals:
	line 16	Profits after tax	3,399,829	3,402,982	3,239,650
	line 17	Net dividends	1,993,829	1,982,809	1,960,790
	line 18	Domestic nonfinancial	1,376,294	1,366,189	1,434,529
	line 19	Domestic financial	242,677	246,018	289,359
	line 20	Rest of the world	374,858	370,602	236,902
	line 21	Undistributed profits	1,406,000	1,420,173	1,278,860
	line 22	Domestic nonfinancial	963,775	977,948	794,333
	line 23	Domestic financial	375,864	375,864	225,188
	line 24	Rest of the world	66,361	66,361	259,339
	line 25	Inventory valuation adjustment (IVA)	-26,000	-520	40,420
	line 26	Capital consumption adjustment (CCAdj)	-279,605	-273,966	-178,235
	line 27	Domestic nonfinancial	-175,589	-171,746	-87,327
	line 28	Domestic financial	-104,016	-102,220	-90,908
	line 29	Net interest and miscellaneous payments	197,050	181,884	273,124
	line 30	Taxes on production and imports	2,007,203	1,975,885	1,913,603
	line 31	Less: Subsidies	94,189	92,795	99,617
	line 32	Business current transfer payments (net)	308,155	282,371	245,274
	line 33	To persons (net)	135,505	132,628	119,988
	line 34	To government (net)	152,836	134,791	115,748
	line 35	To rest of the world (net)	19,814	14,952	9,538
	line 36	Current surplus of government enterprises	-39,596	-40,215	-38,186
		Memo:
		Calculation of gross domestic product from National income:
	line 37	National Income, from line 1 above	24,472,894	24,214,616	23,509,089
		Plus:
	line 38	Private consumption of fixed capital	4,092,998	4,038,841	3,880,594
	line 39	Government consumption of fixed capital	825,184	815,052	787,857
	line 40	Statistical discrepancy	326,091	319,557	214,307
		Less:
	line 41	Net U.S. income receipts from rest of world	-2,482	13,151	94,882
		Equals:
	line 42	Gross domestic product	29,719,649	29,374,916	28,296,966

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