Title: Net Income of Corporations Reporting Net Income for United States Series ID: A09008USA144NNBR Source: National Bureau of Economic Research Release: NBER Macrohistory Database (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Annual Units: Millions of Dollars Date Range: 1909-01-01 to 1940-01-01 Last Updated: 2012-08-17 3:01 PM CDT Notes: 1909 Figure Is Always Given As 3590, Except In The 1931 And 1932 Reports Which Print 3500, Evidently A Misprint. The Period 1909-1915 Includes, To A Limited Extent, Additions Made By Audit And Delinquent Returns Filed. The Amounts Refer To Net Income Reported For Income Tax Purposed, 1909-1935, And To Net Income Reported For Declared Value Excess-Profits Tax Purposes, 1936-1940, With The Following Exceptions: 1909-1912: Classification Corresponds To Returns With And Without Tax Liability; For The First Two Months In 1913: Net Income Is That For Excise Tax Purposes; 1920-1932: Net Income Is That For The Current Year (Before Deducting Net Loss For Prior Year); Prior To 1927 Returns Of Inactive Corporations Were Included In Returns With No Net Income. (Statistics Of Income For 1940, Part 2 (1944), P.305). 1938 Data Reflect A Deficit. Source: Statistics Of Income 1932, P. 47 (1909-1932), And Statistics Of Income 1940, Part 2, P.282 For 1909-1935 Data; Computations By NBER From Data In Statistics Of Income For 1940, Part 2 (1944), P.305 For 1936-1940 Data. This NBER data series a09008 appears on the NBER website in Chapter 9 at http://www.nber.org/databases/macrohistory/contents/chapter09.html. NBER Indicator: a09008 DATE VALUE 1909-01-01 3590 1910-01-01 3761 1911-01-01 3503 1912-01-01 4151 1913-01-01 4714 1914-01-01 3940 1915-01-01 5310 1916-01-01 8766 1917-01-01 10730 1918-01-01 8362 1919-01-01 9411 1920-01-01 7903 1921-01-01 4336 1922-01-01 6964 1923-01-01 8322 1924-01-01 7587 1925-01-01 9584 1926-01-01 9673 1927-01-01 8982 1928-01-01 10618 1929-01-01 11654 1930-01-01 6429 1931-01-01 3683 1932-01-01 2153 1933-01-01 2986 1934-01-01 4275 1935-01-01 5165 1936-01-01 6761 1937-01-01 6944 1938-01-01 4703 1939-01-01 6814 1940-01-01 9106