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

Standard symbols

  Third quarter 2003 Fourth quarter 2003 First quarter 2004 Second quarter 2004 Third quarter 2004 Fourth quarter 2004 2003 2004
millions of dollars
Wages, salaries and supplementary labour income
614,552
620,840
627,808
636,296
642,160
649,208
613,718
638,868
0.7
1.0
1.1
1.4
0.9
1.1
3.5
4.1
Corporation profits before taxes
148,916
154,064
165,904
179,348
182,064
184,740
151,210
178,014
4.7
3.5
7.7
8.1
1.5
1.5
10.0
17.7
Government business enterprise profits before taxes
10,544
11,552
11,820
11,472
12,036
12,100
11,643
11,857
-0.5
9.6
2.3
-2.9
4.9
0.5
1.4
1.8
Interest and miscellaneous investment income
53,308
51,304
54,100
56,508
58,320
58,452
51,508
56,845
3.4
-3.8
5.4
4.5
3.2
0.2
6.9
10.4
Accrued net income of farm operators from farm production
252
500
1,480
1,752
1,740
1,828
694
1,700
-68.2
98.4
196.0
18.4
-0.7
5.1
-21.9
145.0
Net income of non-farm unincorporated business, including rent
77,908
78,732
79,456
80,788
81,660
82,148
77,382
81,013
1.3
1.1
0.9
1.7
1.1
0.6
4.8
4.7
Inventory valuation adjustment
2,832
2,428
-2,920
-4,960
940
4,312
4,876
-657
...
...
...
...
...
...
...
...
Taxes less subsidies, on factors of production
55,836
56,484
56,700
57,516
57,892
58,536
55,465
57,661
0.9
1.2
0.4
1.4
0.7
1.1
3.2
4.0
Net domestic product at basic prices
964,148
975,904
994,348
1,018,720
1,036,812
1,051,324
966,496
1,025,301
0.6
1.2
1.9
2.5
1.8
1.4
5.6
6.1
Taxes less subsidies, on products
88,828
90,112
89,924
93,152
94,660
95,256
87,188
93,248
5.6
1.4
-0.2
3.6
1.6
0.6
1.9
7.0
Capital consumption allowances
165,520
167,672
169,980
173,200
175,544
178,140
164,403
174,216
1.4
1.3
1.4
1.9
1.4
1.5
5.3
6.0
Statistical discrepancy
956
36
396
1,612
940
-852
685
524
...
...
...
...
...
...
...
...
Gross domestic product at market prices
1,219,452
1,233,724
1,254,648
1,286,684
1,307,956
1,323,868
1,218,772
1,293,289
1.0
1.2
1.7
2.6
1.7
1.2
5.3
6.1
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.