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Gross domestic product, income-based, current prices and quarterly percentage change 1

Standard symbols

  Fourth quarter 2002 First quarter 2003 Second quarter 2003 Third quarter 2003 Fourth quarter 2003 First quarter 2004 2002 2003
millions of dollars
Wages, salaries and supplementary labour income
603,596
609,020
610,460
614,552
620,840
626,016
592,692
613,718
1.3
0.9
0.2
0.7
1.0
0.8
4.0
3.5
Corporation profits before taxes
146,504
159,680
142,180
148,916
154,064
163,408
137,480
151,210
1.7
9.0
-11.0
4.7
3.5
6.1
8.6
10.0
Government business enterprise profits before taxes
12,044
13,876
10,600
10,544
11,552
13,704
11,478
11,643
-4.4
15.2
-23.6
-0.5
9.6
18.6
9.5
1.4
Interest and miscellaneous investment income
49,220
49,872
51,548
53,308
51,304
53,076
48,188
51,508
3.0
1.3
3.4
3.4
-3.8
3.5
-9.0
6.9
Accrued net income of farm operators from farm production
1,340
1,232
792
252
500
644
889
694
70.9
-8.1
-35.7
-68.2
98.4
28.8
-45.6
-21.9
Net income of non-farm unincorporated business, including rent
75,188
75,992
76,896
77,908
78,732
80,080
73,841
77,382
0.8
1.1
1.2
1.3
1.1
1.7
8.0
4.8
Inventory valuation adjustment
-2,136
3,232
11,012
2,832
2,428
-1,620
-2,959
4,876
...
...
...
...
...
...
...
...
Taxes less subsidies, on factors of production
54,236
54,212
55,328
55,836
56,484
56,816
53,721
55,465
0.9
-0.0
2.1
0.9
1.2
0.6
2.2
3.2
Net domestic product at basic prices
939,992
967,116
958,816
964,148
975,904
992,124
915,330
966,496
1.7
2.9
-0.9
0.6
1.2
1.7
3.7
5.6
Taxes less subsidies, on products
87,852
85,712
84,100
88,828
90,112
91,916
85,538
87,188
1.1
-2.4
-1.9
5.6
1.4
2.0
11.1
1.9
Capital consumption allowances
159,284
161,228
163,192
165,520
167,672
169,812
156,146
164,403
1.1
1.2
1.2
1.4
1.3
1.3
5.8
5.3
Statistical discrepancy
276
824
924
956
36
1,824
954
685
...
...
...
...
...
...
...
...
Gross domestic product at market prices
1,187,404
1,214,880
1,207,032
1,219,452
1,233,724
1,255,676
1,157,968
1,218,772
1.6
2.3
-0.6
1.0
1.2
1.8
4.5
5.3
1 The first line is the series itself expressed in millions of dollars, seasonally adjusted at annual rates. The second line, italicized, is the period to period percentage change at quarterly rates.