Source: National Bureau of Economic Research  

Release: NBER Macrohistory Database  

Units:  Thousands of Dollars, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

Series Is Presented Here As Two Variables--(1)--Original Data, 1901-1929 (2)--Original Data, 1924-1942. Data Are Earnings Before Deduction Of Interest On Bonds And Fixed Charges Of Subsidiary Companies. Beginning In 1932, Only Quarterly Figures Are Available. The First Quarter, 1932 Through The First Quarter, 1933 Equal Deficits. Beginning With The Third Quarter, 1940, Federeral Income And Excess Profits Tax Provisions Are Not Excluded, As Was Done Before; To Obtain Comparable Data, They Were Contructed As Follows: Source: Commercial And Financial Chronicle.

This NBER data series m09007b appears on the NBER website in Chapter 9 at http://www.nber.org/databases/macrohistory/contents/chapter09.html.

NBER Indicator: m09007b