Monday, September 26, 2011


I've run across Gross Domestic Income once or twice before.

GDI is a different way of accounting GDP. A measure of the income side. I thought it might be useful as a way to look at factor costs -- land, labor, and capital costs, as Adam Smith broke them down.

I googled Gross Domestic Income and 3 or 4 items down on the list was a hit for BEA. BEA does stats. And there ya go. Quarterly data from 1947 to 2011. Annual data from 1929.

It downloads as a CSV file, which Excel can read fine. But if you want to get all the data, Excel cannot import it all. Too many columns, if you can believe that. BEA lists the years across (in a row) not down (in a column) and there's just too many years to get all the quarterly data. Gotta do it in pieces. Oh, well.

For this post I downloaded the annual data CSV. OpenOffice opened the file, no trouble at all. I took a quick look:

Graph #1

Graph #2

Graph #3

Graph #4

1 comment:

Jazzbumpa said...

Interesting data, and they tell some stories.

Compensation: increasing through 68, then flat through 80, then declining.

Tax on production and imports, post WW II increasing though early 70's, generally declining since.

Interest, post WWII huge (9x) increase, through 1980, level for a while, declining since.

Corp profit after tax: uptrend through mid 60's, down through 1980. Up since, with greatly increasing volatility.

This lease about 30 unaccounted for. Any idea what the biggest missing components are?