Federal Reserve Economic Data: Your trusted data source since 1991

Quarterly

F.3 Distribution of National Income

   

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    Q4 1946    
 
 
    Q2 2023
Millions of Dollars
Line Name Q2 2023 Q1 2023 Q2 2022
line 1
National income
21,878,501 21,755,173 21,483,614
line 2
Compensation of employees
14,163,335 13,985,534 13,415,194
line 3
Wages and salaries
11,698,038 11,545,576 11,058,046
line 4
Supplements to wages and salaries
2,465,297 2,439,958 2,357,148
line 5
Proprietors' income with IVA and CCAdj
1,908,745 1,909,450 1,835,358
line 6
Rental income of persons with CCAdj
863,716 844,994 775,902
line 7
Corporate profits with IVA and CCAdj
2,807,463 2,818,064 3,001,273
line 8
Corporate profits with IVA
3,204,943 3,208,460 3,252,688
line 9
Profits before tax
3,195,775 3,176,760 3,521,784
line 10
Domestic nonfinancial
2,265,413 2,218,335 2,507,003
line 11
Domestic financial
451,206 499,429 552,444
line 12
Rest of the world
479,156 458,996 462,337
Less:
line 13
Taxes on corporate income
440,224 488,736 478,670
line 14
Domestic nonfinancial
336,171 372,172 399,690
line 15
Domestic financial
104,053 116,564 78,980
Equals:
line 16
Profits after tax
2,755,551 2,688,024 3,043,114
line 17
Net dividends
1,667,592 1,651,607 1,740,445
line 18
Domestic nonfinancial
736,024 747,432 939,826
line 19
Domestic financial
430,148 427,603 398,632
line 20
Rest of the world
501,420 476,572 401,987
line 21
Undistributed profits
1,087,959 1,036,417 1,302,669
line 22
Domestic nonfinancial
1,193,218 1,098,731 1,167,487
line 23
Domestic financial
-82,995 -44,738 74,832
line 24
Rest of the world
-22,264 -17,576 60,350
line 25
Inventory valuation adjustment (IVA)
9,168 31,700 -269,096
line 26
Capital consumption adjustment (CCAdj)
-397,480 -390,396 -251,415
line 27
Domestic nonfinancial
-292,594 -285,120 -163,312
line 28
Domestic financial
-104,886 -105,276 -88,103
line 29
Net interest and miscellaneous payments
264,536 329,686 608,230
line 30
Taxes on production and imports
1,795,001 1,793,427 1,775,542
line 31
Less: Subsidies
103,079 105,516 123,548
line 32
Business current transfer payments (net)
185,763 183,907 198,682
line 33
To persons (net)
72,206 71,275 74,054
line 34
To government (net)
96,690 97,027 117,449
line 35
To rest of the world (net)
16,867 15,605 7,179
line 36
Current surplus of government enterprises
-6,979 -4,373 -3,019
Memo:
Calculation of gross domestic product from National income:
line 37
National Income, from line 1 above
21,878,501 21,755,173 21,483,614
Plus:
line 38
Private consumption of fixed capital
3,804,775 3,757,502 3,530,918
line 39
Government consumption of fixed capital
755,860 748,863 711,183
line 40
Statistical discrepancy
498,445 392,466 -269,309
Less:
line 41
Net U.S. income receipts from rest of world
138,977 124,233 207,933
Equals:
line 42
Gross domestic product
26,798,604 26,529,772 25,248,476
   

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