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Quarterly Growth in Relation of U.S. GDP, U.S. GNP and U.S. National Income

(Quarterly, in % Sequential)



Relation of GDP, GNP, National Income
(Quarterly, in % Sequential)
Q.  III Quarter 
rev.
Q.  II Quarter 
final
Q.  I Quarter 
rev.
Q.  IV Quarter 
adv.
Q.  III Quarter 
final
Gross domestic product (GDP) 2.07 % 2.01 % 1.5 % 1.61 % 1.88 %
Income receipts from the rest of the world - % 3.56 % 3.56 % 4.84 % 4.94 %
Less: Income payments to the rest of the world - % 0.09 % 6.27 % 6.41 % 10.49 %
Equals: Gross national product (GNP) - % 2.18 % 1.39 % 1.56 % 1.69 %
Less: Consumption of fixed capital 1.36 % 1.12 % 1.84 % 1.54 % 2.73 %
Less: Statistical discrepancy - % 6.93 % - % -97.95 % -24.57 %
Equals: National income - % 2.32 % -0.52 % 0.45 % 1.08 %
Compensation of employees 1.34 % 1.33 % 0.09 % 1.58 % 2.12 %
Wage & salary accruals 1.38 % 1.77 % -0.03 % 1.66 % 2.27 %
Supplements to wages & salaries 1.14 % -0.74 % 0.69 % 1.22 % 1.42 %
Proprietors' income with inventory valuation & capital consumption adj. 1.19 % -4.47 % 1.41 % 1.04 % 1.53 %
Rental income of persons with capital consumption adj. 1.39 % 13.74 % 4.09 % 2.13 % 2.45 %
Corporate profits with inventory valuation & capital consumption adj. - % 12.56 % -4.13 % -2.02 % -0.04 %
Net interest & miscellaneous payments -35.59 % -35.58 % -20.46 % -19.62 % -15.21 %
Taxes on production & imports less subsidies 0.47 % 2 % 1.22 % -0.19 % 1.13 %
Business current transfer payments 4.51 % 12.23 % -1.5 % 5.06 % -10.57 %
Current surplus of government enterprises 11 % 127.27 % -27.87 % -4.69 % 113.33 %
Addenda:          
Gross domestic income - % 1.94 % -0.02 % 0.68 % 1.55 %


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