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NATIONAL
INCOME AND
PRODUCT
ACCOUNTS
OF THE UNITED STATES, 1 9 2 9 - 9 4 : VOLUME 1




April 1998
U.S. DEPARTMENT OF COMMERCE
William M. Daley, Secretary
• • • •

ECONOMICS

ECONOMICS AND STATISTICS ADMINISTRATION
Robert J. Shapiro, Under Secretary for Economic Affairs

A N D STATISTICS
ADMINISTRATION

BUREAU OF ECONOMIC ANALYSIS
J. Steven Landefeld, Director
Rosemary D. Marcuss, Deputy Director

Citation
U.S. Department of Commerce. Bureau of Economic Analysis. National Income and Product Accounts of the United States, 1929—94: Volume 1. Washington, DC: U.S. Government Printing Office, April 1998.




For sale by the U.S. Government Printing Office
Superintendent of Documents, Mail Stop: SSOP, Washington, DC 20402-9328
ISBN 0 - 1 6 - 0 4 9 6 0 4 - 7

Preface
In this two-volume publication, the Bureau of Economic
Analysis presents the revised estimates of the national
income and product accounts (NIPA's) for 1929-94 that
reflect the most recent comprehensive and annual revisions of the NIPA's.1 The results of the comprehensive
revision, including revised estimates of fixed reproducible
tangible wealth, were released from January 1996 to May
1997, and the results of the 1997 annual revision were
released in July 1997.
The 1996 comprehensive revision was the 10th of
its kind since the Department of Commerce first published national income statistics in 1942. Comprehensive,
or benchmark, revisions differ from annual NIPA revisions because of the scope of the changes and because
of the number of years that are subject to revision.
1. For specific information about these revisions, see the SURVEY OF
CURRENT BUSINESS articles listed in the b o x "Information A b o u t NIPA

Methodology."




Comprehensive revisions incorporate three major types
of improvements: (1) Definitional and classificational
changes that update the accounts to more accurately portray the evolving U.S. economy, (2) statistical changes
that update the accounts to reflect the introduction of new
and improved methodologies and the incorporation of
newly available and revised source data, and (3) presentational changes that update the NIPA tables to reflect the
definitional, classificational, and statistical changes and
to make the tables more informative.
The first section of this publication describes the definitions and classifications underlying the NIPA's. The
second section discusses the presentation of the NIPA's,
and the third section discusses the statistical conventions
used for the NIPA estimates. An appendix lists the principal source data and methods used to prepare the estimates
of gross domestic product.

Acknowledgments
Gerald F. Donahoe, former Associate Director for National Income, Expenditure, and Wealth Accounts and
Robert P. Parker, Chief Statistician, supervised the preparation of the comprehensive revision of the national
income and product accounts (NIPA's) of the United
States. Leon W Taub, former Chief of the National Income and Wealth Division, and Karl D. Galbraith, Chief
of the Government Division, directed major parts of the
revision. Christian Ehemann and Karl D. Galbraith—
assisted by Peter G. Beall, Pamela A. Kelly, Kurt Kunze,
Donald L. Peters, Claire G. Pitzer, Brooks B. Robinson,
and Teresa L. Weadock—coordinated and conducted the
estimation review process.
Christian Ehemann directed improvements in the
methodology for measuring real output and prices.
Shelby W. Herman and D. Timothy Dobbs directed improvements for calculating depreciation. Bruce T. Grimm
directed the preparation of improved semiconductor
prices.
Eugene P. Seskin—under the guidance of Brent R.
Moulton, Associate Director for National Income, Expenditure, and Wealth Accounts, and of Robert P.
Duane
Parker—prepared the text for this volume.
Hackmann designed and prepared the tables.
M. Gretchen Gibson of the Current Business Analysis
Division coordinated the preparation of the publication
for printing. Eric B. Manning typeset the text and tables,
and W. Ronnie Foster designed the cover.
Other staff who made significant contributions to the
revision are listed below.
Personal consumption expenditures—Clinton P. McCully, Moses J. Branch, Aaron C. Catlin, Myung G. Han,
Everette P. Johnson, M. Greg Key, James J. Raley III.
Investment—Carol E. Moylan. Structures—Wharton
H. Berger, Velma P. Henry, Lance Lane, Brooks B.
Robinson. Producers' durable equipment—Jeffrey W.
Crawford, Chris Garner, Kali K. Kong, Nicole M. Spugnardi. Inventories—Leonard J. Loebach, Jennifer A.
Ribarsky. Investment prices—Bruce T. Grimm, Nadia F.
Sadee.
Net exports—David B. Wasshausen, Phyllistine M.
Barnes.
Federal Government—Pamela A. Kelly, Peter G.
Beall, Kurt S. Bersani, Laura M. Bilenki, James E.



Boucher, Gary W. Davis, Ann M. Groszkiewicz, Doris N.
Johnson, Sean P. Keehan, Raymen G. LaBella, Tamara
M. Mast, Matthew P. McNeil, Joyce M. Northwood,
Claire G. Pitzer, Michelle D. Robinson, Benyam Tsehaye,
Andrew E. Vargo, Michael W. Webb.
State and local government—David F. Sullivan,
Steven J. Andrews, Jennifer A. Bennett, Florence H.
Campi, Richard L. Carlson, Alex Nemirovsky, Donald L.
Peters.
Consumption of government fixed capital—D. Timothy Dobbs, Jennifer A. Bennett, Raymen G. LaBella,
Joyce M. Northwood, Thae S. Park.
Consumption of privatefixed capital—Shelby W. Herman, Michael D. Glenn, Frederick G. Kappler, Arnold
Katz, Kurt Kunze, Alexie M. Malcolm.
Chain-type quantity and price measures—Christian
Ehemann, Michael J. Boehm, Sherman Hanunack, Mary
W. Hook, Christine R. Pruitt.
Income—Ralph Kozlow, Joyce M. Northwood.
Personal income—Paul R. Lally, Toui Pomsouvan.
Wages and salaries—Paul R. Lally, James E. Rankin,
Tracey D. Schlitzer. Other labor income—Patricia A.
Newman, James E. Rankin, Ernest D. Wilcox, Mary D.
Young. Other contributors to the personal income estimates include Thae S. Park, Teresa L. Weadock, and
Craig D. Yokum.
Business income—Kenneth A. Petrick. Corporate
profits—Kenneth A. Petrick, Craig A. Hargenrader,
Kevin Molloy, Jerry L. Stone. Nonfarm proprietors'
income—Willie J. Abney.
Property income—George M. Smith. Farm output
and income—Michael N. Reynnells. Interest income—
Mary Kate Schuster. Rental income of persons and
housing output—Denise A. McBride.
Computer services—Norman E. Bakka, Phyllistine M.
Barnes, Mary Carol Barron, Michael J. Boehm.
Definitional changes—D. Timothy Dobbs, Arnold J.
Katz, John S. Pitzer, Helen S. Tice.
NIPA information—Marilyn E. Baker, Phyllistine M.
Barnes, Virginia H. Mannering, Shirley D. Tisdale.
Secretarial—Esther M. Carter, Katherine Dent, Angela
P. Pointer, Colleen A. Ryan, Dorothy A. Wilson.

Contents
Volume 1
Preface

iii

Acknowledgments

v

Definitions and Classifications Underlying the NIPA's

M-l

NIPA entries
Major aggregates
National Income and Product Account
Personal Income and Outlay Account
Government Receipts and Expenditures Account
Foreign Transactions Account
Gross Saving and Investment Account
Other definitions
Real output and related measures
Quantity and price indexes
Chained-dollar measures
Price indexes
Implicit price deflators
Command-basis GNP and terms of trade
Classifications of production
Type of product
Sector
Legal form of organization
Industry

M-l
M-l
M-3
M-8
M-9
M-9
M-9
M-10
M-10
M-10
M-l 1
M-l 3
M-l 4
M-l 4
M-l 4
M-14
M-l 5
M-l 5
M-l 6

Presentation of the NIPA's
Release schedule
Publication of the NIPA tables
Additional presentations of NIPA and NIPA-related estimates

M-18
M-18
M-18
M-19

Statistical Conventions Used for NIPA Estimates
Seasonal adjustment
Annual rates

M-21
M-21
M-21

Appendix: Updated Summary NIPA Methodologies
Current-dollar estimates
Estimating methods
Balance of payments accounts
Other information
Real estimates

M-23
M-23
M-23
M-24
M-24
M-25




List of Tables
1. National Product and Income
1.1
1.2
1,2A
1,2B
1,2C
1.3
1.4
1.5
1.6
1.7
1.8
1.9
1.10
1.11
1.12
1.13
1.14
1.15
1.16

Gross Domestic Product: Annual, 1929-94, and Quarterly, 1946-94
Real Gross Domestic Product: Annual, 1929-94, and Quarterly, 1947-94
Real Gross Domestic Product, Chained (1937) Dollars: 1929-47
Real Gross Domestic Product, Chained (1952) Dollars: Annual, 1942-62 and Quarterly, 1947-62
Real Gross Domestic Product, Chained (1972) Dollars: Annual and Quarterly, 1962-82
Gross Domestic Product by Major Type of Product: Annual, 1929-94, and Quarterly, 1947—94
Real Gross Domestic Product by Major Type of Product: Annual, 1929-94, and Quarterly, 1947-94
Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic
Purchasers: Annual, 1929-94, and Quarterly, 1946-94
Relation of Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales
to Domestic Purchasers: Annual, 1929-94, and Quarterly, 1947-94
Gross Domestic Product by Sector: Annual, 1929-94, and Quarterly, 1946-94
Real Gross Domestic Product by Sector: Annual, 1929-94, and Quarterly, 1947-94
Relation of Gross Domestic Product, Gross National Product, Net National Product, National
Income, and Personal Income: Annual, 1929-94, and Quarterly, 1946-94
Relation of Real Gross Domestic Product, Real Gross National Product, and Real Net National
Product: Annual, 1929-94, and Quarterly, 1947-94
Command-Basis Real Gross National Product: Annual, 1929-94, and Quarterly, 1947-94
Net Domestic Product by Sector: 1929-94
Real Net Domestic Product by Sector: 1982-94
National Income by Type of Income: Annual, 1929-94, and Quarterly, 1946-94
National Income by Sector, Legal Form of Organization, and Type of Income: 1929-94
Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of
Nonfinancial Corporate Business in Current and Chained Dollars: Annual, 1929-94, and
Quarterly, 1946-94

1
1
6
12
13
15
18
22
26
28
30
33
37
45
49
52
52
53
61

65

2. Personal Income and Outlays
2.1
2.2
2.3
2.4
2.5
2.6
2.7
2.8
2.9
2.10
2.11

Personal Income and Its Disposition: Annual, 1929-94, and Quarterly, 1946-94
Personal Consumption Expenditures by Major Type of Product: Annual and Quarterly, 1946-94
Real Personal Consumption Expenditures by Major Type of Product: Annual and Quarterly, 1982-94
Personal Consumption Expenditures by Type of Expenditure: 1929-94
Real Personal Consumption Expenditures by Type of Expenditure: 1982-94
Personal Consumption Expenditures by Type of Product: 1929-94
Real Personal Consumption Expenditures by Type of Product: 1982-94
Personal Income by Type of Income: Annual and Monthly, 1959-94
Personal Income and Its Disposition: Annual and Monthly, 1959-94
Personal Consumption Expenditures by Major Type of Product: Annual and Monthly, 1959-94
Real Personal Consumption Expenditures by Major Type of Product: Annual and Monthly, 1982-94

80
95
99
101
109
Ill
119
121
127
133
136

3. Government Receipts, Current Expenditures, and Gross Investment
3.1
3.2
3.3
3.4

Government Receipts and Current Expenditures: Annual, 1929-94, and Quarterly, 1946-94
Federal Government Receipts and Current Expenditures: Annual, 1929-94, and Quarterly, 1946-94
State and Local Government Receipts and Current Expenditures: Annual, 1929-94, and Quarterly,
1946-94
Personal Tax and Nontax Receipts: 1929-94




137
142
150
158

3.5
3.6
3.7

Indirect Business Tax and Nontax Accruals: 1929-94
Contributions for Social Insurance: 1929-94
Government Consumption Expenditures and Gross Investment by Type: Annual, 1929-94, and
Quarterly, 1947-94
3.8
Real Government Consumption Expenditures and Real Gross Investment by Type: Annual and
Quarterly, 1982-94
3.9
Government Consumption Expenditures Gross and Net of Sales by Type: 1929-94
3.10 National Defense Consumption Expenditures and Gross Investment: Annual and Quarterly, 1972-94
3.11 Real National Defense Consumption Expenditures and Real Gross Investment: Annual and Quarterly,
1982-94
3.12 Government Transfer Payments to Persons: 1929-94
3.13 Subsidies Less Current Surplus of Government Enterprises: 1960-94
3.14 Social Insurance Funds Receipts and Current Expenditures: 1929-94
3.15 Government Current Expenditures and Gross Investment by Function: 1952-94
3.16 Federal Government Current Expenditures and Gross Investment by Type and Function: 1952—94
3.17 State and Local Government Current Expenditures and Gross Investment by Type and Function:
1952-94
3.18 A Relation of Federal Government Receipts and Current Expenditures and Gross Investment in the National
Income and Product Accounts to the Consolidated Cash Statement, Fiscal Years, 1952-67, and
Quarters, 1959-67
3.18B Relation of Federal Government Receipts and Current Expenditures and Gross Investment in the National
Income and Product Accounts to the Budget, Fiscal Years and Quarters, 1968-94
3.19 Relation of State and Local Government Receipts and Current Expenditures and Gross Investment in the
National Income and Product Accounts to Bureau of Census Government Finances Data, Fiscal
Years, 1959-94
3.20 Relation of Commodity Credit Corporation Expenditures in the National Income and Product Accounts
to Commodity Credit Corporation Outlays in the Budget: 1960-94

159
161
163
171
175
177
181
183
185
186
188
191
213

235
238

246
248

4. Foreign Transactions
4.1
4.2
4.3
4.4
4.5

Foreign Transactions in the National Income and Product Accounts: Annual, 1929-94, and Quarterly,
1946-94
Real Exports and Imports of Goods and Services and Receipts and Payments of Factor Income:
Annual and Quarterly, 1982-94
Exports and Imports of Goods and Services by Type of Product: Annual and Quarterly, 1967-94
Real Exports and Imports of Goods and Services by Type of Product: Annual and Quarterly, 1982-94
Relation of Foreign Transactions in the National Income and Product Accounts (NIPA's) to the
Corresponding Items in the Balance of Payments Accounts (BPA's): 1946-94

249
254
255
264
268

5. Saving and Investment
5.1
5.2
5.3
5.4
5.5
5.6
5.7
5.8
5.9
5.10
5.11

Gross Saving and Investment: Annual, 1929-94, and Quarterly, 1946-94
Gross and Net Investment by Major Type: 1929-94
Real Gross and Net Investment by Major Type: 1982-94
Private Fixed Investment by Type: Annual and Quarterly, 1946-94
Real Private Fixed Investment by Type: Annual and Quarterly, 1982-94
Private Purchases of Structures by Type: 1929-94
Real Private Purchases of Structures by Type: 1982-94
Private Purchases of Producers' Durable Equipment by Type: 1929-94
Real Private Purchases of Producers' Durable Equipment by Type: 1982-94
Change in Business Inventories by Industry Group: Annual, 1929-94, and Quarterly, 1946-94
Real Change in Business Inventories by Industry Group: Annual, 1929-94, and Quarterly, 1947-94




271
279
281
282
287
289
291
292
294
295
300

5.12
5.13
5.14
5.15

Inventories and Domestic Final Sales of Business by Industry Group: Quarterly, 1946-94
Real Inventories and Real Domestic Final Sales of Business by Industry Group: Quarterly, 1947-94
Gross Government Fixed Investment by Type: 1929-94
Real Gross Government Fixed Investment by Type: 1982-94

305
311
317
321

Volume 2
Preface

ili

Acknowledgments

v
List of Tables

6. Income and Employment by Industry
6.1A National Income Without Capital Consumption Adjustment by Industry Group: 1929-48
1
6. IB National Income Without Capital Consumption Adjustment by Industry Group: Annual and Quarterly, 1948-87 . . . 1
6.1C National Income Without Capital Consumption Adjustment by Industry Group: Annual and Quarterly, 1987-94 . . . 6
6.2A Compensation of Employees by Industry: 1929-48
7
6.2B Compensation of Employees by Industry: 1948-87
9
6.2C Compensation of Employees by Industry: 1987-94
12
6.3A Wage and Salary Accruals by Industry: 1929-48
13
6.3B Wage and Salary Accruals by Industry: 1948-87
15
6.3C Wage and Salary Accruals by Industry: 1987-94
18
6.4A Full-Time and Part-Time Employees by Industry: 1929-48
19
6.4B Full-Time and Part-Time Employees by Industry: 1948-87
21
6.4C Full-Time and Part-Time Employees by Industry: 1987-94
24
6.5A Full-Time Equivalent Employees by Industry: 1929-48
25
6.5B Full-Time Equivalent Employees by Industry: 1948-87
27
6.5C Full-Time Equivalent Employees by Industry: 1987-94
30
6.6A Wage and Salary Accruals Per Full-Time Equivalent Employee by Industry: 1929-48
31
6.6B Wage and Salary Accruals Per Full-Time Equivalent Employee by Industry: 1948-87
33
6.6C Wage and Salary Accruals Per Full-Time Equivalent Employee by Industry: 1987-94
36
6.7A Self-Employed Persons by Industry Group: 1929-48
37
6.7B Self-Employed Persons by Industry Group: 1948-87
37
6.7C Self-Employed Persons by Industry Group: 1987-94
38
6.8A Persons Engaged in Production by Industry: 1929-48
39
6.8B Persons Engaged in Production by Industry: 1948-87
41
6.8C Persons Engaged in Production by Industry: 1987-94
44
6.9B Hours Worked by Full-Time and Part-Time Employees by Industry Group: 1948-87
45
6.9C Hours Worked by Full-Time and Part-Time Employees by Industry Group: 1987-94
46
6.1 OB Employer Contributions for Social Insurance by Industry Group: 1948-87
47
6.10C Employer Contributions for Social Insurance by Industry Group: 1987-94
48
6.1 IB Other Labor Income by Industry Group and by Type: 1948-87
49
6.11C Other Labor Income by Industry Group and by Type: 1987-94
50
6.12A Nonfarm Proprietors'Income by Industry Group: 1929-48
51
6.12B Nonfarm Proprietors'Income by Industry Group: 1948-87
51
6.12C Nonfarm Proprietors'Income by Industry Group: 1987-94
52




6.13A
6.13B
6.13C
6.14A
6.14B
6.14C
6.15A
6.15B
6.15C
6.16A
6.16B
6.16C
6.17A
6.17B
6.17C
6.18A
6.18B
6.18C
6.19A
6.19B
6.19C
6.20A
6.20B
6.20C
6.21 A
6.21B
6.21C
6.22A
6.22B
6.22C

Noncorporate Capital Consumption Allowances by Industry Group: 1929-47
Noncorporate Capital Consumption Allowances by Industry Group: 1948-87
Noncorporate Capital Consumption Allowances by Industry Group: 1987-94
Inventory Valuation Adjustment to Nonfarm Incomes by Legal Form of Organization and Industry Group:
1929-47
Inventory Valuation Adjustment to Nonfarm Incomes by Legal Form of Organization and Industry Group:
1948-87
Inventory Valuation Adjustment to Nonfarm Incomes by Legal Form of Organization and Industry Group:
1987-94
Net Interest by Industry Group: 1929-47
Net Interest by Industry Group: 1948-57
Net Interest by Industry Group: 1987-94
Corporate Profits by Industry Group: 1929-47
Corporate Profits by Industry Group: Annual and Quarterly, 1948-87
Corporate Profits by Industry Group: Annual and Quarterly, 1987-94
Corporate Profits Before Tax by Industry: 1929-48
Corporate Profits Before Tax by Industry: 1948-87
Corporate Profits Before Tax by Industry: 1987-94
Federal, State, and Local Corporate Profits Tax Liability by Industry: 1929-47
Federal, State, and Local Corporate Profits Tax Liability by Industry: 1948-87
Federal, State, and Local Corporate Profits Tax Liability by Industry: 1987-94
Corporate Profits After Tax by Industry: 1929-47
Corporate Profits After Tax by Industry: 1948-87
Corporate Profits After Tax by Industry: 1987-94
Net Corporate Dividend Payments by Industry: 1929-47
Net Corporate Dividend Payments by Industry: 1948-87
Net Corporate Dividend Payments by Industry: 1987-94
Undistributed Corporate Profits by Industry: 1929-47
Undistributed Corporate Profits by Industry: 1948-87
Undistributed Corporate Profits by Industry: 1987-94
Corporate Capital Consumption Allowances by Industry: 1929-47
Corporate Capital Consumption Allowances by Industry: 1948-87
Corporate Capital Consumption Allowances by Industry: 1987-94

53
53
55
56
56
57
58
58
59
60
61
67
69
71
74
75
77
80
81
83
86
87
89
92
93
95
98
99
101
104

7. Quantity and Price Indexes
7.1
7.2
7.3
7.4
7.5
7.6
7.7
7.8
7.9

Quantity and Price Indexes for Gross Domestic Product: Annual, 1929-94, and Quarterly, 1947-94
Quantity and Price Indexes for Gross Domestic Product, Final Sales, and Purchases: Annual, 1929-94, and
Quarterly, 1947-94
Quantity and Price Indexes for Gross National Product and Command-Basis Gross National Product: Annual,
1929-94, and Quarterly, 1947-94
Chain-Type Quantity and Price Indexes for Personal Consumption Expenditures by Major Type of Product:
Annual, 1929-94, and Quarterly, 1947-94
Chain-Type Quantity and Price Indexes for Personal Consumption Expenditures by Type of Product: 1929-94...
Chain-Type Quantity and Price Indexes for Private Fixed Investment by Type: Annual and Quarterly, 1947-94...
Chain-Type Quantity and Price Indexes for Private Purchases of Structures by Type: 1929-94
Chain-Type Quantity and Price Indexes for Private Purchases of Producers' Durable Equipment by Type:
1929-94
Chain-Type Quantity and Price Indexes for Exports and Imports of Goods and Services and for Receipts and
Payments of Factor Income: Annual, 1929-94, and Quarterly, 1947—94




105
135
140
143
158
170
184
188
192

7.10
7.11
7.12
7.13
7.14
7.15
7.16
7.17
7.18
7.19
7.20

Chain-Type Quantity and Price Indexes for Exports and Imports of Goods and Services by Type of Product:
Annual and Quarterly, 1967-94
Chain-Type Quantity and Price Indexes for Government Consumption Expenditures and Gross Investment
by Type: Annual, 1929-94, and Quarterly, 1947-94
Chain-Type Quantity and Price Indexes for National Defense Consumption Expenditures and Gross Investment
by Type: 1972-94
Chain-Type Quantity and Price Indexes for Gross Government Fixed Investment by Type: 1929-94
Chain-Type Quantity and Price Indexes for Gross Domestic Product by Sector: Annual, 1929-94, and
Quarterly, 1947-94
Current-Dollar Cost and Profit Per Unit of Real Gross Domestic Product of Nonfinancial Corporate Business:
Annual, 1929-94, and Quarterly, 1947-94
Implicit Price Deflators for Inventories of Business by Industry Group: Quarterly, 1947-94
Chain-Type Quantity Indexes for Gross Domestic Product by Major Type of Product: Annual, 1929-94, and
Quarterly, 1947-94
Chain-Type Quantity Indexes for Auto Output: Annual and Quarterly, 1947-94
Chain-Type Quantity Indexes for Truck Output: Annual and Quarterly, 1967—94
Chain-Type Quantity Indexes for Gross and Net Investment by Major Type: 1929-94

200
218
234
236
244
252
255
259
263
267
269

8. Supplemental Tables
8.1
8.2
8.3

Percent Change from Preceding Period in Selected Series: Annual, 1930-94, and Quarterly, 1947-94
271
Contributions to Percent Change in Real Gross Domestic Product: Annual, 1930-94, and Quarterly, 1947-94
301
Selected Per Capita Product and Income Series in Current and Chained Dollars: Annual, 1929-94, and
Quarterly, 1946-94
306
8.4
Auto Output: Annual and Quarterly, 1947-94
310
8.5
Real Auto Output: Annual and Quarterly, 1982-94
314
8.6
Truck Output: Annual and Quarterly, 1967-94
316
8.7
Real Truck Output: Annual and Quarterly, 1982-94
318
8.8
Farm Sector Output, Gross Product, and National Income: 1929-94
319
8.9
Real Farm Sector Output, Real Gross Product, and Real Net Product: 1982-94
320
8.10 Housing Sector Output, Gross Product, and National Income: 1929-94
321
8.11 Real Housing Sector Output, Real Gross Product, and Real Net Product: 1982-94
322
8.12 Consumption of Fixed Capital by Legal Form of Organization: 1929-94
323
8.13 Capital Consumption Adjustment by Legal Form of Organization and Type of Adjustment: 1929-94
325
8.14 Business Transfer Payments by Type: 1929-94
327
8.15 Supplements to Wages and Salaries by Type: 1948-94
328
8.16 Rental Income of Persons by Type: 1946-94
330
8.17 Dividends Paid and Received by Sector: 1946-94
331
8.18 Interest Paid and Received by Sector and Legal Form of Organization: 1946-94
332
8.19 Imputations in the National Income and Product Accounts: 1929-94
335
8.20 Relation of Consumption of Fixed Capital in the National Income and Product Accounts (NIPA's) to Depreciation
and Amortization as Published by the Internal Revenue Service (IRS): 1929-94
345
8.21 Relation of Nonfarm Proprietors' Income in the National Income and Product Accounts (NIPA's) to Corresponding
Measures as Published by the Internal Revenue Service (IRS): 1959-94
347
8.22 Relation of Net Farm Income in the National Income and Product Accounts (NIPA's) to Net Farm Income as
Published by the U.S. Department of Agriculture (USDA): 1967-94
347
8.23 Relation of Corporate Profits, Taxes, and Dividends in the National Income and Product Accounts (NIPA's) to
Corresponding Measures as Published by the Internal Revenue Service (IRS): 1929-94
348
8.24 Relation of Monetary Interest Paid and Received in the National Income and Product Accounts (NIPA's) to
Corresponding Measures as Published by the Internal Revenue Service (IRS): 1946-94
352




8.25
8.26
8.27

Relation of Wages and Salaries in the National Income and Product Accounts (NIPA's) to Wages and
Salaries as Published by the Bureau of Labor Statistics (BLS): 1982-94
Comparison of Personal Income in the National Income and Product Accounts (NIPA's) with Adjusted Gross
Income as Published by the Internal Revenue Service (IRS): 1947-94
Quantity Indexes and Percent Change from Preceding Period in Selected Series, Fixed 1992 Weights: Annual,
1929-94, and Quarterly, 1947-94

353
354
356

9. Seasonally Unadjusted Estimates
9.1
9.2
9.3
9.4
9.5
9.6

Gross Domestic Product, Not Seasonally Adjusted: Quarterly, 1946-94
Personal Consumption Expenditures by Major Type of Product, Not Seasonally Adjusted: Quarterly, 1946-94...
Federal Government Receipts and Current Expenditures, Not Seasonally Adjusted: Quarterly, 1946-94
State and Local Government Receipts and Current Expenditures, Not Seasonally Adjusted: Quarterly, 1946-94..
Foreign Transactions in the National Income and Product Accounts, Not Seasonally Adjusted: Quarterly,
1946-94
Corporate Profits with Inventory Valuation Adjustment, Not Seasonally Adjusted: Quarterly, 1946-94

Index to the NIPA Tables




371
375
379
383
387
390
393

Definitions and Classifications
Underlying the NIPA's
NIPA entries
The major components of the NIPA's are presented and
defined below within the context of the Summary National Income and Product Accounts (see table A on page
M~4). The five summary accounts show the composition
of production and the distribution of the incomes earned
in production. In these accounts, production consists of
the goods, services, and structures that are produced in
the current period. Production, or "current production,"
and its related incomes do not include gains or losses
from the sale of nonproduced assets, such as land, or of
financial assets, such as stocks and bonds. In addition,
production does not include gains or losses from holding
goods in inventories.
The first summary account is the National Income and
Product Account: The right side shows gross domestic
product (GDP) as measured by the sum of the goods and
services produced in the United States and sold to final
users, and the left side shows GDP as measured by the
incomes earned in production (gross domestic income)
and the "statistical discrepancy" between the two measures. Each of the components in this summary account
can be mapped to one of the other summary accounts and
can, in turn, be mapped to one or more of the 142 tables
that make up the fiill set of NIPA tables. This system
of integrated, double-entry accounts provides a comprehensive and unduplicated measure of economic activity
within a consistently defined framework.2 Thus, the
NIPA's—together with the industry, wealth, and regional
accounts—can be used to trace the principal economic
flows among the major sectors of the economy.
Within the summary accounts, each entry has a counterentry, generally in another account. The parenthetical
numbers that follow an entry in table A identify the counterentry by account and line number. Except for the
major income and product aggregates, the entries are usu2. For more information on the concepts underlying the accounts, see Allan H. Young and Helen Stone Tice, An Introduction to National Economic
Accounting, Methodology Paper No. 1 (1985); and Carol S. Carson, GNP:
An Overview of Source Data and Estimating Methods, Methodology Paper
No. 4 (1987). For information on the availability of these papers, see the box
"Information About NIPA Methodology."




ally defined in the sequence in which they appear in the
five-account summary.
The definition of a component is not repeated for the
counterentry, but a cross-reference is made to the first
appearance of the definition. After the components in the
five-account-summary are defined, the following other
definitions are presented: Final sales of domestic product, gross domestic purchases, final sales to domestic
purchasers, population, personal saving as a percentage
of disposable personal income, gross saving as a percentage of gross national product, U.S. residents, foreign
residents, and the rest of the world.

Major aggregates
Gross domestic product (GDP), the featured measure of
U.S. output, is the market value of the goods and services
produced by labor and property located in the United
States. Because the labor and property are located in
the United States, the suppliers (that is, the workers and,
for property, the owners) may be either U.S. residents or
residents of the rest of the world.
Gross domestic income (GDI) (1—34) measures output
as the costs incurred and the incomes earned in the production of GDP. In theory, GDP should equal GDI, but
in practice, they differ because their components are estimated using largely independent and less-than-perfect
source data. This difference is termed the "statistical
discrepancy" (see page M—8).
Gross national product (GNP) is the market value
of the goods and services produced by labor and
property supplied by U.S. residents. Because the labor and property are supplied by U.S. residents (see
page M-10), they may be located either in the United
States or abroad. The difference between GDP and
GNP is net receipts of factor income from the rest of
the world. These net receipts represent income from
the goods and services produced abroad using the labor
and property supplied by U.S. residents less payments
to the rest of the world for the goods and services
produced in the United States using the labor and property supplied by foreign residents. Factor incomes

are measured as compensation of employees, corporate
profits (dividends, earnings of unincorporated affiliates,
and reinvested earnings of incorporated affiliates), and
interest.
Gross national income (GNI) (1—31) is the costs incurred and the incomes earned in the production of GNP.
GNI is the sum of (1) factor incomes—compensation
of employees, proprietors' income, rental income of
persons, corporate profits, and net interest; (2) three
aonfactor charges—business transfer payments, indirect
business taxes, and the current surplus of government
enterprises less government subsidy payments; and (3)
consumption of fixed capital (CFC), which is the fixed
capital "used up" in the production process during the
accounting period. GNI and GNP also differ by the
statistical discrepancy.
Net domestic product (NDP) is the net market value of
the goods and services attributable to labor and property
located in the United States and is equal to GDP less CFC.

Net national product (NNP) is the net market value of
goods and services attributable to the labor and property
supplied by U.S. residents and is equal to GNP less CFC.
The measure of CFC used for both NDP and NNP relates only to fixed capital located in the United States.
Investment in the capital is measured by private fixed
investment and government gross investment.
National income (1—20) is the sum of the factor incomes. It is a net factor-cost measure (net of CFC) equal
to the income that originates in the production of goods
and services from labor and property supplied by U.S.
residents.
Domestic income, also a net factor-cost measure, is the
income that originates in the production of goods and
services attributable to labor and property located in the
United States.
Personal income is the income received by persons
from all sources—that is, from participation in production, from both government and business transfer

Information About NIPA Methodology
As part of each comprehensive and annual revision of the NIPA's,
the Bureau of Economic Analysis (BEA) publishes a summary description of the principal source data and methods used to prepare
the current-dollar and real estimates of gross domestic product. The
most recent "Updated Summaiy NIPA Methodologies" was published in the September 1997 issue of the SURVEY OF CURRENT
BUSINESS and is reprinted as an appendix in this publication.
BEA has also prepared a series of papers that discuss the concepts that underlie the NIPA's and that present detailed descriptions
of the methodologies used to prepare the estimates.1 However,
the methodologies that are described in these papers are subject to
periodic improvements, usually as part of the annual and comprehensive revisions. These improvements—which consist of changes
in definitions and in source data, the incorporation of new source
data, and the use of new estimating methods—are described in articles in the SURVEY. For example, two major improvements were
the shift to gross domestic product as the featured measure of U.S.
production and the introduction of a new treatment of government
investment.2
Copies of the following methodology papers are available from
the National Technical Information Service (NTIS).
• An Introduction to National Economic Accounting, Methodology Paper No. 1 (1985)—NTIS accession No. PB85-247567,
$12.50
• Corporate Profits: Profits Before Tax, Profits Tax Liability, and
Dividends, Methodology Paper No. 2 (1985)—NTIS accession No.
PB85-245397, $27.00
1. For information about the methodology used to prepare the national
estimates ofpersonal income, which provide the basis for the State estimates
ofpersonal income, see State Personal Income, 1959-93(Washington, DC:
U.S. Government Printing Office, 1995).
2. See "Gross Domestic Product as a Measure of U.S. Production,"
SURVEY 7 1 (August 1991): 8; and "Preview of the Comprehensive Revision
of the National Income and Product Accounts: Recognition of Government Investment and Incorporation of a New Methodology for Calculating
Depreciation," SURVEY 75 (September 1995): 33-41.




• Foreign Transactions, Methodology Paper No. 3 (1987)—
NTIS accession no. PB8&-100649, $27.00
• GNP: An Overview of Source Data and Estimating Methods,
Methodology Paper No. 4 (1987)—NTIS accession No. PB88134838, $24.50
• Government Transactions, Methodology Paper No. 5(1988)—
NTIS accession no. PB90-11848, $31.50
• Personal Consumption Expenditures, Methodology Paper No.
6 (1990)—NTIS accession No. PB90-254244, $27.00
The results of the most recent comprehensive and annual revisions are published in the following SURVEY articles.
• "Annual Revision of the National Income and Product Accounts: Annual Estimates, 1993-96, and Quarterly Estimates
1993:1-1997:1" (August 1997)
• "Preview of the Comprehensive Revision of the National Income and Product Accounts: BEA's New Featured Measures of
Output and Prices" (July 1995)
• "Preview of the Comprehensive Revision of the National
Income and Product Accounts: Recognition of Government Investment and Incorporation of a New Methodology for Calculating
Depreciation" (September 1995)
• "Preview of the Comprehensive Revision of the National
Income and Product Accounts: New and Redesigned Tables" (October 1995)
• "Improved Estimates of the National Income and Product Accounts: Results of the Comprehensive Revision" (January/February 1996)
• "Completion of the Comprehensive Revision of the National
Income and Product Accounts, 1929-96" (May 1997)
The methodological information on the NIPA's is also available
on BEA's Web site at <http://www.bea.doc.gov>.

payments, and from government interest (which is treated
like a transfer payment). "Persons" consists of individuals, nonprofit institutions that primarily serve individuals,
private noninsured welfare funds, and private trust funds.
Personal income is calculated as the sum of wage and
salary disbursements, other labor income, proprietors' income with inventory valuation and capital consumption
adjustments, rental income of persons with capital consumption adjustment,personal dividend income, personal
interest income, and transfer payments to persons, less
personal contributions for social insurance.
Disposable personal income is personal income less
personal tax and nontax payments. It is the income
available to persons for spending or saving.

National Income and Product Account
GDP is measured as the sum of personal consumption
expenditures, gross private domestic investment (including change in business inventories and before deduction
of charges for CFC), net exports of goods and services (exports less imports), and government consumption
expenditures and gross investment.
GDP excludes
intermediate purchases of goods and services by business.
Personal consumption expenditures (1—36) is goods
and services purchased by persons resident in the United
States. Personal consumption expenditures (PCE) consists mainly of purchases of new goods and of services
by individuals from business. In addition, PCE includes
purchases of new goods and of services by nonprofit
institutions (including compensation of employees), net
purchases of used goods by individuals and nonprofit institutions, and purchases abroad of goods and services by
U.S. residents.3 PCE also includes purchases for certain
goods and services provided by government agencies—
primarily tuition payments for higher education, charges
for medical care, and charges for water and sanitary services. Finally, PCE includes imputed purchases that keep
PCE invariant to changes in the way that certain activities are carried out—for example, whether housing is
rented or owned, whether financial services are explicitly
charged, or whether employees are paid in cash or in kind.
The following conventions are used to classify each
PCE commodity: Durable goods (1—37) are commodities
that can be stored or inventoried and that have an average
life of at least 3 years; nondurable goods (1—38) are all
other commodities that can be stored or inventoried; and
services (1—39) are commodities that cannot be stored
and that are consumed at the place and time of purchase.
3. Purchases of fixed assets, including residential structures by individuals
and by nonprofit institutions that primarily serve individuals, are classified as
gross private domestic investment.




Gross private domestic investment (1-40) consists
of fixed investment (1—41) and change in business inventories (1—46). Fixed investment consists of both
nonresidential (1—42) fixed investment and residential
(1-45) fixed investment. It consists of purchases of fixed
assets, which are commodities that will be used in a
production process for more than 1 year, including replacements and additions to the capital stock, and it is
measured before a deduction for consumption of fixed
capital. It covers all investment by private businesses and
by nonprofit institutions in the United States, regardless
of whether the investment is owned by U.S. residents.
(Purchases of the same types of equipment and structures by government agencies are included in government
gross investment.) It excludes investment by U.S. residents in other countries. Nonresidential fixed investment
consists of both structures (1—43) and producers' durable
equipment (PDE) (1-A4).
Nonresidential structures consists of new construction,
brokers' commissions on sales of structures, and net
purchases of used structures by private business and by
nonprofit institutions from government agencies. New
construction also includes hotels and motels and mining
exploration, shafts, and wells.
Nonresidential PDE consists of private business purchases on capital account of new machinery, equipment
such as furniture, and vehicles (except for personal-use
portions of equipment purchased for both business and
personal use, which are included in PCE), dealers' margins on sales ofused equipment, and net purchases of used
equipment from government agencies, from persons, and
from the rest of the world.
Residential fixed investment consists of private structures and of residential PDE—equipment owned by
landlords and rented to tenants. Investment in structures
consists of new units, improvements to existing units,
mobile homes, brokers' commissions on the sale of residential property, and net purchases of used structures
from government agencies.
Change in business inventories (1—46) is the change
in the physical volume of goods purchased by private
business for use in the production of other commodities
or for resale, valued in average prices of the period. It
differs from the change in the book value of inventories
reported by most business; the difference is the inventory
valuation adjustment (described on page M—7).
Net exports of goods and services (1—47) is exports (1-48) less imports (1-49) of goods and services.
Receipts and payments of factor income and transfer
payments to the rest of the world (net) are excluded.
Government consumption expenditures and gross investment (1—50) consists of net purchases of goods,

Table A.—Summary National Income and Product Accounts, 1994
[Billions of dollars]

Account 1 .—National Income and Product Account
Line
Compensation of employees
Wage and salary accruals
Disbursements (2-7)
Wage accruals less disbursements (3-8 and 5 - 5 ) .
Supplements to wages and salaries
Employer contributions for social insurance (3-16)
Other labor income (2-8)

4,012.0
3,254.0
3,240.7
13.3
758.0
353.0
405.0

Proprietors' income with inventory valuation and capital
consumption adjustments (2-9).
Rental income of persons with capital consumption
adjustment (2-10).

471.6

Corporate profits with inventory valuation and capital
consumption adjustments.
Corporate profits with inventory valuation adjustment.
Profits before tax
Profits tax liability (3-13)
Profits after tax
Dividends (2-12)
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment

570.5
519.1
535.1
186.6
348.5
216.2
132.3
-16.1
51.4

Net interest (2-15)

412.3

124.4

36
37
38
39

Personal consumption expenditures (2-3)
Durable goods
Nondurable goods
Services

40
41
42
43
44
45
46

Gross private domestic investment (5-1) .
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories

47
48
49

Net exports of goods and services .
Exports (4-1)
Imports (4-4)

50

Government consumption expenditures and gross investment
(3—1 and 5-2).
Federal
National defense
Nondefense
State and local

51
52
53
54

5,590.7

National income

30.5
23.7
6.8

Business transfer payments
To persons (2-19)
To the rest of the world (4-9)
Indirect business tax and nontax liability (3-14)
Less: Subsidies less current surplus of government
enterprises (3-7).

568.5
26.6

Consumption of fixed capital (5-7)
Private (5-8)
Government (5-9)
General government (5-10)
Government enterprises (5-11)

777.5
638.6
138.8
118.2
20.6

6,940.6

Gross national Income
Less: Receipts of factor income from the rest of the world
(4-2).
Plus: Payments of factor income to the rest of the world (4-5)

176.5
168.3

6,932.4

Gross domestic income

14.6

Statistical discrepancy (5-14)

GROSS DOMESTIC PRODUCT

6,947.0

GROSS DOMESTIC PRODUCT

Account 2.—Personal Income and Outlay Account
Line
Personal tax and nontax payments (3-12)
Personal outlays
Personal consumption expenditures (1-36)
Interest paid by persons (2—17)
isfei
Persona) transfer payments to the rest of the world (net)
(4-7).

739.1

7

Wage and salary disbursements (1-3)

4,842.1
4,717.0
110.9
14.2

8

Other labor income (1-7)

9

Proprietors' income with inventory valuation and capital
consumption adjustments (1—8).

10

Rental income of persons with capital consumption
adjustment (1-9).

11

Personal saving (5-4)

Personal dividend income
Dividends (1-15)
Less: Dividends received by government (3-6)

210.6
12
13
14
15

16
17

Personal interest income
Net interest (1-19)
Net interest paid by government (3-5)
Interest paid by persons (2-4)

18 Transfer payments to persons
19

20

From business ( 1 - 2 2 )
From government (3-3)

Less: Personal contributions for social insurance (3-17)

PERSONAL TAXES, OUTLAYS, AND SAVING




5,791.8

PERSONAL INCOME

Table A.—Summary National Income and Product Accounts, 1994—Continued
[Billions of dollars]
Account

Government Receipts and Expenditures Account
Line
1,107.0

12

Personal tax and nontax payments (2-1)

Transfer payments
To persons (2-20)
To the rest of the world (net) (4-8)

947.3
930.9
16.4

13

Corporate profits tax liability (1-13)

14

Indirect business tax and nontax liability (1-24)

Net interest paid (2-16)

144.9

15
16
17

Contributions for social insurance
Employer (1—6)
Personal (2-21)

Consumption expenditures (1—60)

Less: Dividends received by government (2-13)

11.4

Subsidies less current surplus of government enterprises
(1-25).

26.6

0

Less: Wage accruals less disbursements (1-4)
Current surplus or deficit ( - ) , national income and product
accounts (5-12).
Federal
State and local

-89.8
-186.7
96.8
2,124.7

GOVERNMENT CURRENT EXPENDITURES A N D
SURPLUS.

GOVERNMENT RECEIPTS
Account 4/—Foreign Transactions Account
Line

Exports of goods and services (1-48)

721.2

4

Imports of goods and services ( 1 - 4 9 ) .

Receipts of factor income (1-32)

176.5

5

Payments of factor income (1-33)

6
7
8
9

Transfer payments to the rest of the world (net)
From persons (net) (2-5)
From government (net) (3-4)
From business (1-23)

Capital grants received by the United States (net) (5-13)

0

10
RECEIPTS FROM T H E REST O F T H E W O R L D .

Net foreign investment (5-3)
PAYMENTS TO THE REST O F THE W O R L D

897.7

Account 5.—Gross Saving and Investment Account
Line
Gross private domestic investment (1-40)
Gross government investment (1-50)
Net foreign investment (4-10)

1,007.9

Personal saving (2-6)

205.9

Wage accruals less disbursements (private) (1-4)

-120.0

Undistributed corporate profits with inventory valuation and
capital consumption adjustments.
7
8
9
10
11

Consumption of fixed capital (1-26)
Private (1-27)
Government (1-28)
General government (1-29)
Government enterprises (1-30)

12

Government current surplus or deficit ( - ) , national income and
product accounts (3-9).

13

GROSS INVESTMENT

1,093.8

NOTE.—Numbers in parentheses indicate accounts and items of counterentry in the accounts. For example, line 3 of account 1 is shown as "Disbursements (2-7)"; the
counterentry is in account 2, line 7.




Capital grants received by the United States (net) (4-3)

14

Statistical discrepancy (1-35)

15

GROSS SAVING AND STATISTICAL DISCREPANCY

services, and structures from business and from the rest
of the world by general government; payments by general
government to households in the form of compensation of
employees; the consumption of general government fixed
capital, which represents the value of the current services of fixed assets of general government; net purchases
of fixed assets by government enterprises; inventory
change of government enterprises; and a deduction for
general government sales—primarily tuition payments
for higher education and charges for medical care. Of
this total, gross investment is net purchases of new and
used structures and equipment by general government
and government enterprises; all other transactions are
consumption expenditures. Government consumption
expenditures and gross investment excludes purchases by
government enterprises (except for fixed assets), transfer payments, interest paid or received by government,
subsidies, and transactions in financial assets and in
nonproduced assets, such as land.
Compensation of employees (1—1) is the income accruing to employees as remuneration for their work. It is the
sum of wage and salary accruals and of supplements to
wages and salaries.
Wage and salary accruals (1—2) consists of the monetary remuneration of employees, including the compensation of corporate officers; commissions, tips, and
bonuses; voluntary employee contributions to certain deferred compensation plans, such as 401(k) plans; and
receipts in kind that represent income. Wage and salary
accruals consists of disbursements (1—3) and wage accruals less disbursements (1—4). Disbursements is wages and
salaries as just defined except that retroactive wage payments are recorded when paid rather than when earned.
Accruals less disbursements is the difference between
wages earned, or accrued, and wages paid, or disbursed.
In the NIPA's, wages accrued is the appropriate measure for national income, and wages disbursed is the
appropriate measure for personal income.
Supplements to wages and salaries (1—5) consists of
employer contributions for social insurance and other
labor income. Employer contributions for social insurance (1-6) consists of employer payments under
the following Federal and State and local government
programs: Old-age, survivors, and disability insurance (social security); hospital insurance; unemployment
insurance; railroad retirement; government employee
retirement; pension benefit guaranty; veterans life insurance; publicly administered workers' compensation;
military medical insurance; and temporary disability
insurance. Other labor income (1—7) consists of employer payments (including payments in kind) to private
pension and profit-sharing plans, private group health



and life insurance plans, privately administered workers'
compensation plans, supplemental unemployment benefit
plans, corporate directors' fees, and several minor categories of employee compensation, including judicial fees
to jurors and witnesses, compensation of prison inmates,
and marriage fees to justices of the peace.
Proprietors' income with inventory valuation and
capital consumption adjustments (1—8) is the currentproduction income (including income in kind) of sole
proprietorships and partnerships and of tax-exempt cooperatives. The imputed net rental income of owneroccupants of farm dwellings is included; the imputed net
rental income of owner-occupants of nonfarm dwellings
is included in rental income of persons (described below).
Proprietors' income excludes dividends and monetary
interest received by nonfinancial business and rental incomes received by persons not primarily engaged in
the real estate business; these incomes are included
in dividends, net interest, and rental income of persons. (See "inventory valuation adjustment" and "capital
consumption adjustment.")
Rental income of persons with capital consumption
adjustment (1—9) is the net current-production income
of persons from the rental of real property except
for the income of persons primarily engaged in the
real estate business; the imputed net rental income of
owner-occupants of nonfarm dwellings; and the royalties received by persons from patents, copyrights, and
rights to natural resources. (See "capital consumption
adjustment.")
Corporate profits with inventory valuation and capital
consumption adjustments (1—10) is the net currentproduction income of organizations treated as corporations in the NIPA's. These organizations consist of all
entities required to file Federal corporate tax returns,
including mutual financial institutions and cooperatives
subject to Federal income tax; private noninsured pension
funds; nonprofit institutions that primarily serve business;
Federal Reserve banks; and federally sponsored credit
agencies. With several differences, this income is measured as receipts less expenses as defined in Federal tax
law. Among these differences: Receipts exclude capital
gains and dividends received, expenses exclude depletion
and capital losses and losses resulting from bad debts,
inventory withdrawals are valued at replacement cost,
and depreciation is on a consistent accounting basis and
is valued at replacement cost using depreciation profiles
based on empirical evidence on used-asset prices that
generally suggest a geometric pattern of price declines.
Because national income is defined as the income of U.S.
residents, its profits component includes income earned
abroad by U.S. corporations and excludes income earned

in the United States by the rest of the world. (See "inventory valuation adjustment" and "capital consumption
adjustment.")
Profits before tax (1—12) is the income of organizations
treated as corporations in the NIPA's except that it reflects
the inventory- and depreciation-accounting practices used
for Federal income tax returns. It consists of profits tax
liability, dividends, and undistributed corporate profits.
Profits tax liability (1-13) is the sum of Federal, State,
and local income taxes on all income subject to taxes; this
income includes capital gains and other income excluded
from profits before tax. The taxes are measured on an
accrual basis, net of applicable tax credits.
Profits after tax (1-14) is profits before tax less profits
tax liability. It consists of dividends and undistributed
corporate profits. Dividends (1-15) is payments in cash
or other assets, excluding the corporations' own stock,
that are made by corporations located in the United States
and abroad to stockholders who are U.S. residents. The
payments are measured net of dividends received by U.S.
corporations. Dividends paid to State and local government social insurance funds and general government are
included. Undistributedprofits (1-16) is corporate profits
after tax less dividends.
Inventory valuation adjustment (IVA) (1—17) for corporations is the difference between the cost of inventory
withdrawals as valued in the source data used to determine profits before tax and the cost of withdrawals valued
at replacement cost. It is needed because inventories as
reported in the source data are often charged to cost of
sales (that is, withdrawn) at their acquisition (historical)
cost rather than at their replacement cost (the concept underlying the NIPA's). As prices change, companies that
value inventory withdrawals at acquisition cost may realize profits or losses. Inventory profits, a capital-gains-like
element in profits, result from an increase in inventory
prices, and inventory losses, a capital-loss-like element in
profits, result from a decrease in inventory prices. In the
NIPA's, inventory profits or losses are shown as adjustments to business income (corporate profits and nonfarm
proprietors' income); they are shown as the IVA with the
sign reversed. No adjustment is needed to farm proprietors' income because farm inventories are measured on
a current-market-cost basis.
Net interest (1—19) is the interest paid by private business less the interest received by private business, plus
the interest received from the rest of the world less the
interest paid to the rest of the world. Interest payments on
mortgage and home improvement loans and on home equity loans are counted as interest paid by business because
home ownership is treated as a business in the NIPA's.
In addition to monetary interest, net interest includes



imputed interest, which is paid by corporate financial
business and is measured as the difference between the
property income received on depositors' or policyholders'
funds and the amount of property income paid out explicitly. The imputed interest paid by life insurance carriers
and noninsured pension plans attributes their investment
income to persons in the period it is earned. The imputed interest payments by financial intermediaries other
than life insurance carriers and private noninsured pension plans to persons, governments, and to the rest of the
world have imputed service charges as counterentries in
GDP and in net receipts of factor income from the rest of
the world; they are included in personal consumption expenditures, in government consumption expenditures and
gross investment, and in exports of goods and services,
respectively.
Business transfer payments (1—21) consists of payments to persons (1—22) and to the rest ofthe world (1-23)
by private business for which no current services are
performed. Business transfer payments to persons consists primarily of liability payments for personal injury
and of corporate gifts to nonprofit institutions. Business
transfer payments to the rest of the world is nonresident
taxes—taxes paid by domestic corporations to foreign
governments.
Indirect business tax and nontax liability (1—24) consists of (1) tax liabilities that are chargeable to business
expense in the calculation of profit-type incomes and (2)
certain other business liabilities to general government
agencies that are treated like taxes. Indirect business taxes
includes taxes on sales, property, and production. Employer contributions for social insurance are not included.
Taxes on corporate incomes are not included; these taxes
cannot be calculated until profits are known, and in that
sense, they are not a business expense. Nontaxes includes
regulatory and inspection fees, special assessments, fines
and forfeitures, rents and royalties, and donations. Nontaxes generally excludes business purchases from general
government agencies of goods and services that are similar to those provided by the private sector. Government
receipts from the sales of such products are netted against
government consumption expenditures.
Subsidies less current surplus of government enterprises (1—25). Subsidies is the monetary grants paid by
government agencies to private business and to government enterprises at another level of government. The
current surplus of government enterprises is their current operating revenue and subsidies received from other
levels of government less their current expenses. In the
calculation of their current surplus, no deduction is made
for net interest paid. The current surplus of government
enterprises is not counted as a profit-type income, and

therefore, it is not counted as a factor charge. Subsidies
and current surplus are shown as a combined entry because deficits incurred by some government enterprises
may result from selling goods to business at below-market
prices in lieu of giving them subsidies.
Consumption of fixed capital (1-26) is a charge for
the using up of private and government fixed capital
located in the United States. It is based on studies
of prices of used equipment and structures in resale
markets. For general government and for nonprofit institutions that primarily serve individuals, it is recorded
in government consumption expenditures and in personal
consumption expenditures, respectively, as the value of
the current services of the fixed capital assets owned
and used by these entities. Private capital consumption allowances consists of tax-return-based depreciation
charges for corporations and nonfarm proprietorships and
of historical-cost depreciation (calculated by BEA using
a geometric pattern of price declines) for farm proprietorships, rental income of persons, and nonprofit institutions.
Private capital consumption adjustment is the difference between private capital consumption allowances and
private consumption of fixed capital.
Receipts of factor income from the rest of the world
(1-32) consists of receipts by U.S. residents of interest
and dividends, of reinvested earnings of foreign affiliates
of U.S. corporations, and of compensation paid to U.S.
residents by foreigners.
Payments of factor income to the rest of the world
(1-33) consists of payments to foreign residents of interest and dividends, of reinvested earnings of U.S. affiliates
of foreign corporations, and of compensation paid to
foreigners by U.S. residents.
Statistical discrepancy (1-35) is GDP less GDI or GNP
less GNI. It is recorded in the NIPA's as an "income"
component that reconciles the income and product sides
of the accounts. As noted above, it arises because the
two sides are estimated using independent and imperfect
data.4

Personal Income and Outlay Account
Personal income is the sum of wage and salary disbursements, other labor income, proprietors' income with
inventory valuation and capital consumption adjustments,
rental income of persons with capital consumption adjustment, personal dividend income, personal interest
4. For additional details, see the box "The Statistical Discrepancy," in
Robert P. Parker and Eugene P. Seskin, "Annual Revision of the National
Income and Product Accounts," SURVEY OF CURRENT BUSINESS 77 (August
1 9 9 7 ) : 19.




income, and transfer payments to persons, less personal
contributions for social insurance.
Wage and salary disbursements (see 1—3).
Other labor income (see 1-7).
Proprietors' income with inventory valuation and
capital consumption adjustments (see 1—8).
Rental income of persons with capital consumption
adjustment (see 1—9).
Personal dividend income (2—11) is the dividend income of persons from all sources. It equals net dividends
paid by corporations (see 1—15) less dividends received
by government (2—13). Dividends received by government consists of dividends received by State and local
governments, primarily by their retirement systems.
Personal interest income (2—14) is the interest income
(monetary and imputed) of persons from all sources. It
equals net interest (see 1—19) plus net interest paid by
government (2—16) plus interest paid by persons (2—17).
The last item consists of all interest paid by individuals
except mortgage interest, which is reflected in net rental
income of persons.
Transfer payments to persons is income payments to
persons for which no current services are performed.
It consists of business transfer payments to persons
(see 1—22) and government transfer payments (2—20).
Government transfer payments includes benefits from
the following social insurance funds: Old-age, survivors, and disability insurance (social security); hospital
insurance; supplementary medical insurance; unemployment insurance; government employee retirement;
railroad retirement; pension benefit guaranty; veterans
life insurance; workers' compensation; military medical
insurance; and temporary disability insurance. Government transfer payments also includes benefits from
certain other programs: Veterans benefits other than
life insurance, food stamps, black lung, supplemental
security income, public assistance (including medical
care and family assistance), and educational assistance.
Government payments to nonprofit institutions excluding payments for work under research and development
contracts are also included.
Personal contributions for social insurance (2—21) includes payments by employees, self-employed, and other
individuals who participate in the following government
programs: Old-age, survivors, and disability insurance
(social security); hospital insurance; supplementary medical insurance; unemployment insurance; government
employee retirement; railroad retirement; veterans life
insurance; and temporary disability insurance.
Personal tax and nontax payments (2—1) is tax payments (net of refunds) by U.S. residents that are not
chargeable to business expense and certain other personal

payments to government agencies (except government
enterprises) that are treated like taxes. Personal taxes
includes taxes on income, including realized net capital
gains; on transfers of estates and gifts; and on personal
property. Nontaxes includes donations and fees, fines,
and forfeitures. Personal contributions for social insurance is not included. Taxes paid by U.S. residents to
foreign governments and taxes paid by foreigners to the
U.S. Government are both included in transfer payments.
Personal outlays (2—2) is the sum of personal consumption expenditures (see 1—36), interest paid by persons (see
2—17), and personal transfer payments to the rest of the
world (net) (2—5). The last item is personal remittances
in cash and in kind to the rest of the world less such
remittances from the rest of the world.
Personal saving (2-6) is personal income less the sum
of personal outlays and personal tax and nontax payments. It is the current saving of individuals (including
proprietors and partnerships), nonprofit institutions that
primarily serve individuals, life insurance carriers, private noninsured welfare funds, and private trust funds.
Personal saving may also be viewed as the sum of the net
acquisition of financial assets (such as cash and deposits,
securities, and the change in the net equity of individuals in life insurance and in private noninsured pension
plans) and the change in physical assets less the sum of
net borrowing and of consumption of fixed capital.

Government Receipts and Expenditures
Account
Personal tax and nontax payments (see 2—1).
Corporate profits tax liability (see 1—13).
Indirect business tax and nontax liability (see 1—24).
Contributions for social insurance (see 1-6 and 2—21).
Consumption expenditures (see 1—50).
Transfer payments (3—2) is transfer payments to persons (see 2—20) and transfer payments to the rest of the
world (net)(3-4). The latter consists of U.S. Government
military and nonmilitary grants in cash and nonmilitary
grants in kind to foreign governments and of U.S. Government transfers, mainly retirement benefits, to former
residents of the United States.
Net interest paid (3-5). Net interest paid by government is interest paid by government to persons, to
business, and to the rest of the world (that is, to foreign businesses, governments, and persons) less interest
received by government from persons, from business,
and from the rest of the world. Interest paid consists of
monetary interest paid on public debt and other financial
obligations. Interest received consists of monetary and
imputed interest received on loans and investments, in


cluding on the balances of State and local government
social insurance funds.
Dividends received by government (see 2—13).
Subsidies less current surplus of government
enterprises (see 1—25).
Wage accruals less disbursements (see 1-4).
Current surplus or deficit (-), national income and
product accounts (3—9) is the sum of government receipts
(lines 12,13,14, and 15 of account 3) less the sum of government expenditures (lines 1,2,5,6,7, and 8 of account
3). It may also be viewed as the sum of net acquisition of
financial assets by general government and government
enterprises and net government purchases of land and of
rights to government-owned land including oil resources,
less net borrowing.

Foreign Transactions Account
Imports of goods and services (see 1—49).
Payments of factor income (see 1—33).
Transfer payments to the rest of the world (see 1—23,
2-5, and 3-4).
Net foreign investment (4—10) is U.S. exports of goods
and services, receipts of factor income, and capital grants
received by the United States (net) (see below), less
imports of goods and services by the United States, payments of factor income, and transfer payments to the rest
of the world (net). It may also be viewed as the acquisition
of foreign assets by U.S. residents less the acquisition of
U.S. assets by foreign residents. It includes the statistical
discrepancy in the balance of payments accounts.
Exports of goods and services (see 1-48).
Receipts of factor income (see 1—32).
Capital grants received by the United States (net) (4—3)
is mainly the allocation of Special Drawing Rights to the
United States.

Gross Saving and Investment Account
Personal saving (see 2-6).
Wage accruals less disbursements (see 1—4).
Undistributed corporate profits with inventory valuation and capital consumption adjustments (see 1-16,
1-17, and 1-18).
Consumption of fixed capital (see 1—26).
Government current surplus or deficit (-), national
income and product accounts (see 3—9).
Capital grants received by the United States (net) (see
4-3).
Statistical discrepancy (see 1—35).
Gross private domestic investment (see 1—40).
Gross government investment (see 1—50).
Net foreign investment (see 4—10).

Other definitions
Final sales of domestic product is GDP minus change in
business inventories; equivalently, it is the sum of personal consumption expenditures, gross private domestic
fixed investment, government consumption expenditures
and gross investment, and net exports of goods and
services.
Gross domestic purchases is the market value of goods
and services purchased by U.S. residents, regardless of
where those goods and services were produced. It is GDP
minus net exports of goods and services; equivalently, it is
the sum of personal consumption expenditures, gross private domestic investment, and government .consumption
expenditures and gross investment.
Final sales to domestic purchasers is gross domestic
purchases minus change in business inventories.
Population is the total population of the United States,
including the Armed Forces overseas and the institutionalized population. The monthly estimate is the average of
Census Bureau survey estimates for the first of the month
and the first of the following month; the quarterly and
annual estimates are the averages of the relevant monthly
estimates.
Personal saving as a percentage ofdisposable personal
income (DPI), frequently referred to as "the personal saving rate," is calculated on a monthly, quarterly, and annual
basis as the ratio of personal saving to DPI.
Gross saving as a percentage of gross national product (GNP), sometimes referred to as "the national saving
rate," is calculated on a quarterly and annual basis as the
ratio of gross saving—the sum of gross private saving,
gross government saving, and capital grants received by
the United States (net)—to GNP.
U.S. residents are individuals, governments, business
enterprises, trusts, associations, and similar institutions
that have the center of their economic interest in the
United States and that reside or expect to reside in the
United States for 1 year or more. (For example, business enterprises resident in the United States include U.S.
affiliates of foreign companies.) In addition, U.S. residents include all U.S. citizens who reside outside the
United States for less than 1 year and U.S. citizens residing abroad for 1 year or more who meet one of the
following criteria: Owners or employees of U.S. business
enterprises who reside abroad to further the enterprises'
business and who intend to return within a reasonable
period; U.S. Government civilian and military employees
and members of their immediate families; and students
who attend foreign educational institutions.
Foreign residents include international institutions located in the United States, foreign nationals employed by



their home Governments in the United States, and foreign
affiliates of U.S. companies.
The rest of the world consists of foreign residents who
are transactors with U.S. residents.

Real output and related measures
The chain-type quantity and price indexes, in combination with the current-dollar estimates, provide users with
the basic data series from which all other analytical tables
and presentations of the NIPA's are derived. The chained
(1992) dollar estimates provide measures to calculate the
percent changes for GDP and its components that are consistent with those calculated from the chain-type quantity
indexes. These estimates also provide comparisons of
levels over time and reasonable approximations of the relative importance, and the contributions to growth in GDP,
of most components for the years close to 1992. The
chained (1992) dollar estimates are also used to compute
certain key aggregates, such as per capita GDP.

Quantity and price indexes
Changes in current-dollar GDP measure changes in the
market value of the goods and services produced in the
economy in a particular period. For many purposes, it
is necessary to decompose these changes into quantity
changes and price changes.
The changes in quantities and prices in the NIPA's
are calculated using a Fisher formula that incorporates
weights from two adjacent periods. For example, the
1992—93 change in real GDP uses prices for 1992 and
1993 as weights, and the 1992—93 change in prices uses
quantities for 1992 and 1993 as weights.5 These annual
changes are "chained" (multiplied) together to form time
series of quantity and price. (For more details, see the box
"Basic Formulas for Calculating Chain-Type Quantity
and Price Indexes.") Because the Fisher formula allows
5. Because the source data available for most components of GDP are
measured in dollars rather than in units, the quantities of most of the detailed
components used to calculate percent changes are obtained by deflation. For
deflation, quantities are approximated by real values (expressed at present with
1992 as the base period) that are calculated by dividing the current-dollar value
of the component by its price index, where the price index uses 1992 as the
base period.
Two other methods, quantity extrapolation and direct base-year valuation,
are also used to calculate the real values for a small number of the most detailed
GDP components. For quantity extrapolation, the real values are obtained
by extrapolating the base-year current-dollar estimates in both directions from
the base period (1992) by quantity indicators; for example, the real values for
mining exploration, shafts, and wells structures are extrapolated using oilwell
footage drilled. For direct-base-year valuation, the real values are obtained by
multiplying base-year prices by quantity data for each period; for example, the
real values of natural gas inventories are calculated using quantities and prices
of natural gas stocks.

for the effects of changes in relative prices and in the
composition of output over time, the resulting quantity or
price changes are not affected by the substitution bias associated with the fixed-weighted formula previously used
to calculate changes in quantities and prices.6 The Fisher
formula also produces results that are not affected by the
choice of base periods. In addition, because the changes
in quantities and prices calculated in this way are symmetric, the product of a quantity index and the corresponding
price index equals the current-dollar index.7
Chain-type quantity and price indexes that correspond
to most of the current-dollar output, product, and expenditure measures are presented in tables 7.1—7.14 and
7.17—7.20.8 Percentage changes from the preceding period for GDP and its major components and for other
aggregates are presented in table 8.1. Contributions by
major components to changes in real GDP are presented
in table 8.2, which is discussed in more detail below.

Chained-dollar measures
BEA also prepares measures of real GDP and its components in a dollar-denominated form, designated "chained
(1992) dollar estimates." For GDP and most other series, these estimates are computed by multiplying the
1992 current-dollar value by a corresponding quantity index number and then dividing by 100.9 For example, if
6. For a discussion of the advantages of the Fisher index, see Jack E. Triplett,
"Economic Theory and BEA's Alternative Quantity and Price Indexes," SURVEY
72 (April 1992): 49-52; and J. Steven Landefeld and Robert P. Parker, "BEA's
Chain Indexes, Time Series, and Measures of Long-Term Economic Growth,"
SURVEY 77 (May 1997): 58-68.
7. For the annual estimates of NIPA aggregates that include the components the "change in business inventories" and "change in Commodity Credit
Corporation inventories," this relationship does not hold exactly, because of the
price-data conventions used to calculate those components. In addition, for the
quarterly estimates, all quarterly chain-type quantities and prices are adjusted
to average to the corresponding annual estimates. For details on quarterly calculations, see the box "Basic Formulas for Calculating Chain-Type Quantity
and Price Indexes."
8. Indexes are not presented for change in inventories, for net exports, and
for most of the "net" series in tables 7.5,7.7,7.11,7.13, and 7.20. Indexes for
these series are not meaningful.
9. For change in business inventories (in tables 1.2,1.4,1.6,5.3,5.11,8.5,
8.7, and 8.9), real values are calculated as the difference between end-of-period
and beginning-of-period chain-weighted stocks of inventories.
The following "real" series are calculated as the current-dollar value of the
series divided by an appropriate implicit price deflator: The chained-dollar
values of gross national income and gross domestic income (in table 1.10), of
command-basis exports of goods and services and receipts of factor income
(in table 1.11), of gross and net domestic product of nonfinancial corporate
business (in table 1.16), and of disposable personal income (in tables 2.1 and
2.9).
For the following series, real values are calculated as the sum of, or the
difference between, chained-dollar series: Net exports (in tables 1.2,8.5, and
8.7); command-basis gross national product (in table 1.11), foreign travel and
other, net (in table 2.5); net foreign travel (in table 2.7); Federal consumption
expenditures for durable goods, for nondurable goods, and for Commodity
Credit Corporation inventory change (in table 3.8); net investment by major




a current-dollar GDP component equaled $100 in 1992
and if real output for this component increased 10 percent in 1993, then the chained (1992) dollar value of this
component would be $ 110 ($ 100 x 1.10) in 1993.
For analyses of changes over time in an aggregate or in
a component, the percentage changes calculated from the
chained-dollar estimates and from the chain-type quantity
indexes are the same; any differences will be small and
due to rounding. However, because the relative prices
used as weights for any period other than the base period
differ from those used for the base period, the chaineddollar values for the detailed GDP components do not
necessarily sum to the chained-dollar estimate of GDP or
to any intermediate aggregate. A measure of the extent
of such differences is provided in most chained-dollar
tables by a "residual" line, which indicates the difference
between GDP (or an other major aggregate) and the sum
of the most detailed components in the table.
For periods close to the base year, when there usually
has not been much change in the relative prices that are
used as the weights for the chain-type index, the residuals
tend to be small, and the chained (1992) dollar estimates
can be used to approximate the contributions to growth
and to aggregate the detailed estimates.
As one moves further from the base year, the residual
tends to become larger, and the chained-dollar estimates become less useful for analyses of contributions
to growth. For this reason, most of the chaineddollar detailed component series in this publication are
shown beginning with 1982.10 In general, the use of
chained-dollar estimates to calculate component shares
or component contributions to real growth may be misleading for periods away from the base year. In particular,
for components for which relative prices are changing
rapidly, these calculations may be misleading even just a
few years from the base year.
To assist users in making valid comparisons across
components for periods away from the base year, several
changes have been made in the NIPA tables. Table 8.2
provides an accurate measure of the contributions of the
major GDP components to the percentage change in real
GDP for all periods. This table should be used for periods
far from the base period, when the overall residual and
the errors in contributions to growth become quite large.
This table uses exact formulas for attributing growth to
the components of GDP and of other aggregates, but the
presentation is limited to the contributions to changes
type (in table 5.3); and Federal defense and nondefense net purchases of used
structures (in table 5.15).
10. Chained (1992) dollar estimates for selected series for earlier periods are
shown in tables 1.2, 1.4, 1.6, 1.8, 1.10, 1.11, 1.16, 2.9, 5.11,5.13, and 8.3.
Chained (1992) dollar estimates for the remaining detailed series are available
through STAT-USA (see the box "Data Availability").

Basic Formulas for Calculating Chain-Type Quantity and Price Indexes
Annual indexes
This box shows the basic calculations used to prepare annual and
quarterly chain-type quantity and price indexes. The formula used
to calculate the annual change in real GDP and other components
of output and expenditures is a Fisher index (Qf) that uses weights
for 2 adjacent years (years t - 1 and t).
The formula for real GDP in year t relative to its value in year
t - 1 is

£pt-i<?t

Qt =

x

where the p's and q's represent prices and quantities of detailed
components in the 2 years.
Because thefirstterm in the Fisher formula is a Laspeyres quantity index (Qf-), or
_

nL

I.Pt-i4t

~ IPt-Hfe-i*
and the second term is a Paasche quantity index (Qf), or
n

p

ZPtdt
Z

Pth-i

the Fisher formula can also be expressed for year t as the geometric
mean of these indexes as follows:

Qf = VQt xQfThe percent change in real GDP (or in a GDP component) from
year t - 1 to year t is calculated as
100(Qf - 1.0).
Similarly, price indexes are calculated using the Fisher formula
p

,

=

, ZPtlt-i

„

XPt-ilt-i

£pt(It
XPt-ilt'

which is the geometric mean of a Laspeyres price index (PtL) and
a Paasche price index (Pf), or
pf = y j p t x p f .

The chain-type quantity index value for period t is

If = III xQf.
and the chain-type price index is calculated analogously. Chaintype real output and price indexes are presented with the base year
(b) equal to 100; that is, Ib = 100.




The current-dollar change from year t - 1 to year t expressed
as a ratio is equal to the product of the Fisher price and quantity
indexes:1

IPt*

= i>fxQ{.

Quarterly indexes
The same formulas are used to calculate the quarterly indexes for
the most recent quarters, called the "tail" period; quarterly data are
substituted for annual data. The tail period begins in the third quarter of the most recent complete year that is included in an annual
or comprehensive NIPA revision, so the specific quarters covered
change annually. Modified formulas are used to calculate the
indexes for the other quarters, called the "historical" period. Quarterly quantity data are used for the quantity indexes, and quarterly
price data are used for the price indexes, but the weights—prices
for a quantity index and quantities for a price index—are annual
data.
The weights that are used for the indexes in the historical period depend on the quarter being estimated. For each quarter, the
weights for the closest 2 years are used: For the first and second
quarters of a year, the weights are from that year and the preceding
year; while for the third and fourth quarters, the weights are from
that year and the next year.
All quarterly chain-type indexes for completed years that have
been included in an annual or comprehensive revision are adjusted
so that the quarterly indexes average to the corresponding annual
index. When an additional year is completed between annual revisions, the annual index is computed as the average of the quarterly
indexes, so no adjustment is required to make the quarterly and
annual indexes consistent. For example, until the 1998 annual
revision is released, the chain-type indexes for the year 1997 are
derived by averaging the four quarterly indexes for 1997.
Chained-dollar estimates
The chained-dollar value (CDf) is calculated by multiplying the
index value by the base-period current-dollar value ( £ Pblb) and
dividing by 100.2 For period t,
CDf = ^ p

b

q

b

xlf/100.

Implicit price deflators
The implicit price deflator (JPDf) for period t is calculated as
the ratio of the current-dollar value to the corresponding chaineddollar value, multiplied by 100, as follows:
i p d
1FDt

f

m

Z.Pt4t x 100.
CDf

1. See also footnote 7 in the text.
2. For exceptions to this procedure, see footnote 9 in the text.

from the preceding year or quarter and to changes in the
major components of GDP. (For details, see the box "Calculation of Component Contributions to the Change in
GDP.")
For some analytical purposes, it may be desirable to
calculate contributions to growth for more than a single
quarter or year, to calculate contributions to growth for
aggregates other than GDP, or to work with real estimates that are denominated in dollars. Two articles in the
SURVEY provide information on how to prepare chaineddollar series with different base periods that permit the
calculation of close approximations of contributions to
real growth or of relative changes for any period.11 These
articles show how to calculate a chained-dollar series for
any period by using the percent changes in the chaintype indexes to compute chained-dollar series indexed to
the current dollars of whatever base period is appropriate for the analysis. In addition, these articles provide
a number of chained-dollar series over frequently cited
time periods, such as decades and business cycles. In
computing these series, different base periods were used,
depending upon the time period analyzed; for example,
for decades and business cycles, the midpoints of the pe11. See Landefeld and Parker, "BEA's Chain Indexes," 63-66; and J. Steven
Landefeld and Robert P. Parker, "Preview of the Comprehensive Revision of
the National Income and Product Accounts: BEA's New Featured Measures of
Output and Prices," SURVEY 75 (July 1995): 31-38.

riods were used. Tables 1.2A, 1.2B, and 1.2C present
annual estimates of real GDP and its major components
in chained (1937) dollars, chained (1952) dollars, and
chained (1972) dollars, respectively. However, users
should be aware that contributions calculated from these
tables are approximations and may produce misleading
results for periods far from those base periods or when
relative prices are changing rapidly, such as during the
energy crisis of 1973-75.
In this publication, the presentation of chained-dollar
estimates before 1982 has been limited to key aggregates,
but the presentation of detailed quantity indexes, which
are accurate for all periods, has been greatly expanded in
tables 7.3—7.20. For GDP and its major components and
for other measures of output, annual growth rates beginning with 1930 and quarterly growth rates beginning with
the second quarter of 1947 are presented in table 8.1. In
addition, the annual growth rates for major NIPA aggregates for 1970 to the present are shown each month in
"Historical Tables" under "National Data" in the section
"BEA Current and Historical Data" in the SURVEY.

Price indexes
BEA's featured aggregate price measure is the price index for gross domestic purchases, which measures the
prices paid for goods and services purchased
by U . S . res-

Calculation of Component Contributions to the Change in GDP
Changes from preceding period
The contributions to the change in real GDP provide a measure of the composition of GDP growth that is not affected by the
nonadditivity of the GDP components. Two formulas for the contributions of components to the percent change in real GDP are
used—one for years following the base year, and the other for the
base year and for years preceding the base year.
For years following the base year, the contribution
to the percent change in real GDP in year t attributable to the quantity change in component i
(C%Aj,t)
is

C% Aiit = 100 x(Pu-iPf

+ P . , T ) X ( n u t - <FT,T-1)

2 x IPDf x CD[_,

where CDf_, is the chained-dollar GDP in year t - 1 ;
IPDf is the implicit price deflator for GDP in year t;
p iit is the price of component i in year t;
Pf is the Paasche price index for GDP in year t;
and
is the quantity of component i in year t.
For the base year and years preceding the base year, C%Aj,t is



C%Aiit = 100 x

((Put /P{-)+Pi,t-i

)x(ciu

-

Hi,t-\)

2 x /PDf.j x CDf_,

where Pj- is the Laspeyres price index for GDP in year t.
Because these contributions to the percent change are additive,
they can be used to calculate the contributions to subaggregates as
well as the contributions of the detailed components.
The formula used for the contributions for years after the base
period can also be used for the most recent quarters (the "tail"
period), except the quarterly results are expressed at annual rates.1
Changes over other periods
Users can also prepare close approximations of contributions to
real GDP growth or to the growth of other aggregates using chaintype annual-weighted indexes. In effect, users compute a chaineddollar series for a particular period using the percent changes in
the chain-type annual-weighted indexes to compute chained-dollar
series indexed to the current dollars of the base period appropriate
for the analysis. (For references to additional information on these
calculations, see footnote 11 in the text.)
1. The formulas must be modified for other quarters and for the most
recent year because for these periods, chained output is calculated in a
slightly different manner.

idents. This index is derived from the prices of personal
consumption expenditures (PCE), gross private domestic
investment, and government consumption expenditures
and gross investment. In contrast, the GDP price index
measures the prices paid for goods and services produced by the U.S. economy and is derived from the prices
of PCE, gross private domestic investment, net exports,
and government consumption expenditures and gross investment. Thus, the two indexes differ with respect to
coverage of the prices of exported and imported goods
and services. Price changes in goods and services produced abroad and sold in the United States are reflected
in the gross domestic purchases measure but not in the
GDP measure; price changes in goods and services produced by the U.S. economy and sold abroad are reflected
in the GDP price measure but not in the gross domestic
purchases price measure. For example, a change in the
price of imported petroleum that is fully passed on to U.S.
consumers would be fully reflected in the price index for
gross domestic purchases but not in the GDP price index,
because imports are subtracted in deriving GDP.

Implicit price deflators
BEA also prepares another price index, the implicit price
deflator (IPD), which is calculated as the ratio of the
current-dollar value to the corresponding chained-dollar
value, multiplied by 100 (see the box "Basic Formulas
for Calculating Chain-Type Quantity and Price Indexes").
The values of the IPD are very close to the values of the
corresponding chain-type price index for all periods.12
Implicit price deflators for GDP and its major components are presented as index numbers in table 7.1, and
percentage changes from the preceding period for these
measures are presented in table 8.1.

Command-basis GNP and terms of trade
BEA also prepares a measure of "real" output—
command-basis GNP (see table 1.11). Command-basis
GNP is a measure of the goods and services produced
by the U.S. economy in terms of their purchasing power.
GNP and command-basis GNP differ in how their real
values are prepared: In estimating real GNP, the currentdollar values of the detailed components of exports of
goods and services are deflated by export prices, the
current-dollar values of the detailed components of imports of goods and services are deflated by import prices,
and the current-dollar value of most factor income is
deflated by the implicit price deflator for final sales to
12. The two measures of the price level differ only because of the factors
cited in footnote 7.




domestic purchasers. In estimating command-basis GNP,
the current-dollar value of the sum of exports of goods
and services and of receipts of factor income is deflated
by the implicit price deflator for the sum of imports of
goods and services and of payments of factor income.
The terms of trade is a measure of the relationship
between the prices that are received by U.S. producers for
exports of goods and services and the prices that are paid
by U.S. purchasers for imports of goods and services.
It is measured by the following ratio, with the decimal
point shifted two places to the right: In the numerator,
the IPD for the sum of exports of goods and services
and of receipts of factor income; in the denominator, the
IPD for the sum of imports of goods and services and
of payments of factor income. Changes in the terms of
trade reflect the interaction of several factors, including
movements in exchange rates, changes in the composition
of traded goods and services, and changes in producers'
profit margins. For example, if the U.S. dollar depreciates
against a foreign currency, a foreign manufacturer may
choose to absorb this cost by reducing the profit margin
on the product it sells to the United States, or it may
choose to raise the price of the product and risk a loss in
market share.

Classifications of production
In the NIPA's, production is classified by the type of
product, by the sector, by the legal form of organization,
and by industry.

Type of product
Type of product classifications—goods (durable and nondurable), services, and structures—are presented for GDP
and the components of final sales of domestic product.
Goods are products that can be stored or inventoried, services are products that cannot be stored and are consumed
at the place and time of their purchase, and structures are
products that are usually constructed at the location where
they will be used and that typically have long economic
lives. If a product has characteristics of more than one
of these classifications, it is classified on the basis of the
dominant characteristic.
Accordingly, the following products are included in
goods: Restaurant meals; expenditures abroad by U.S.
residents except for travel; replacement parts whose installation cost is minimal; dealers' margins on used
equipment; and movable household appliances, such as
refrigerators, even when they are included in the purchase
price of a new home.

The following products are included in services: Food
(that is included in airline transportation and hospital
charges), natural gas and electricity (except in exports
and imports of goods and services); office supplies (that
are included in current operating expense of nonprofit
institutions); foreign travel by U.S. residents; expenditures in the United States by foreigners; repair services,
which include the cost of parts (except replacement parts
whose installation cost is minimal); defense research and
development; and exports and imports of certain goods,
primarily military equipment purchased and sold by the
Federal Government.13
The following products are included in structures: Mobile homes; certain types of installed equipment, such as
elevators, heating, and air conditioning systems; brokers'
commissions on sale of structures; architectural and engineering fees included in the value of structures; land
development costs; and mining exploration, shafts, and
wells.
In personal consumption expenditures, exports, imports, and government consumption expenditures and
gross investment, durable goods have an average life of
at least 3 years. In fixed investment, producers' durable
equipment consists of goods that have an average life
of at least 1 year. In change in business inventories,
goods held by manufacturing and trade establishments
are classified as durable goods or nondurable goods in
accordance with the classification of the industry of the
establishment holding the inventories. Inventories held
by construction establishments are classified as durable
goods; inventories held by all other establishments are
classified as nondurable goods.

Sector
In the NIPA's, a breakdown of GDP is also shown in
terms of the three sectors of the economy—business,
households and institutions, and general government.
Business: Production by all entities that produce goods
and services for sale at a price intended at least to
approximate the costs of production, corporate and noncorporate private entities organized for profit, and certain
other entities that are treated as business in the NIPA's.
These entities include mutual financial institutions, private noninsured pension funds, cooperatives, nonprofit
organizations (that is, entities classified as nonprofit by
the Internal Revenue Service (IRS) in determining income tax liability) that primarily serve business, Federal
Reserve banks, federally sponsored credit agencies, and
13. These certain goods are classified as services only for exports and
imports.




government enterprises.14 Business production also includes the services of owner-occupied housing and of
buildings and equipment owned and used by nonprofit institutions that primarily serve individuals. Gross product
of the business sector is measured as GDP less the gross
product of households and institutions and of general
government.15
Households and institutions: Production by households, consisting of families and unrelated individuals,
and by nonprofit institutions that primarily serve individuals. Gross product of households and institutions is
measured by the compensation paid to domestic workers
and to the employees of these nonprofit institutions.
General government: Production of all Federal Government and State and local government agencies except
government enterprises. Gross product of general government is measured as the sum of the compensation of
the employees of these agencies and of the consumption
of fixed capital.

Legalform of organization
For the domestic business sector, income and its components are shown for four legal forms of organizations—
corporate business, sole proprietorships and partnerships, other private business, and government enterprises
(employee compensation only).
Corporate business: All entities required to file Federal
corporate tax returns (IRS Form 1120 series). These entities include mutual financial institutions and cooperatives
subject to Federal income tax, private noninsured pension
funds, nonprofit institutions that primarily serve business,
Federal Reserve banks, and Federally sponsored credit
agencies.
Sole proprietorships: All entities that would be required to file IRS Schedule C (Profits or Loss from
Business) or Schedule F (Farm Income and Expenses) if
the proprietor met the filing requirements, together with
owner-occupied farm housing.
Partnerships: All entities required to file Federal
partnership income tax returns, IRS Form 1065 (U.S.
Partnership Return of Income).
Other private business: All entities that would be
required to report rental and royalty income on the
individual income tax return in IRS Schedule E (Supplemental Income and Loss) if the individual met the filing
requirements, tax-exempt cooperatives, owner-occupied
nonfarm housing, and buildings and equipment owned
14. For more detail on government enterprises, see the section "Legal form
of organization."
15. Gross product of financial and of nonfinancial corporations are also
shown in the NIPA tables. They are calculated as the costs incurred and the
incomes earned from production.

and used by nonprofit institutions that primarily serve
individuals.
Government enterprises: Government agencies that
cover a substantial proportion of their operating costs by
selling goods and services to the public and that maintain their own separate accounts. A "mixed" treatment of
government enterprises is used in the NIPA's: Some types
of transactions are recorded as if they were part of the
business sector, and others are recorded as if they were
part of the general government sector.
Government enterprises are treated like other businesses and included in the NIPA business sector: (1)
Their sales to final users are recorded as sales by private
businesses, (2) their purchases of materials and business services are considered intermediate, and (3) their
compensation payments and consumption of fixed capital are deducted in calculating their income. Within the
business sector, government enterprises are classified as
noncorporate businesses.
Government enterprises are treated like other government agencies: (1) Their interest payments are combined
with those of general government rather than those of
business, (2) their investment in equipment and structures is combined with general government investment
rather than with business investment in gross private domestic investment, and (3) their profit-like income, the
current surplus of government enterprises (see definition
on page M—8), accrues to general government.

Industry
Industrial distributions are presented for national income
and its components, capital consumption allowances,
employment and hours, and the change in business inventories and the stock of business inventories.16 The
classification underlying the distributions of private activities is based on the Standard Industrial Classification
(SIC).17
The industry distributions in most of the tables in "Income, Employment, and Product by Industry" (category
6) are shown as follows: Estimates for 1929-48 based on
the 1942 SIC are shown in tables designated as part A;
estimates for 1948-87 based on the 1972 SIC are shown
16. An industrial distribution of fixed investment based on data collected
from establishments is prepared as part of the procedure used to estimate capital
stock. Industrial distributions of gross product are also prepared; for further
information, see Sherlene K..S. Lum and Robert E. Yuskavage, "Gross Product
by Industry, 1947-96," SURVEY 77 (November 1997): 20-34.
17. Office of Management and Budget, Statistical Policy Division, Standard
Industrial Classification Manual, 1987 (Washington, DC: U.S. Government
Printing Office (GPO), 1988); Office of Management and Budget, Statistical
Policy Division, Standard Industrial Classification Manual, 1972 (Washington,
DC: GPO, 1972); and Bureau of the Budget, Standard Industrial Classification
Manual, 1942 (Washington, DC: GPO, 1942).




as part B; and estimates for 1987 forward based on the
1987 SIC are shown as part C. The industry distributions
based on the 1987 SIC reflect the corresponding shift of
most of the NIPA source data. The estimates for earlier
years have not been adjusted to the 1987 SIC, because of
a lack of adequate source data. Instead, the estimates for
1948 are shown on the basis of both the 1942 and 1972
SIC, and the estimates for 1987 are shown on the basis of
both the 1972 and the 1987 SIC.
Industrial distributions of government activities are not
provided; instead, they are combined into a single category. For most series, separate estimates are shown for the
activities of the Federal Government, of State and local
governments, and of government enterprises. Expenditures by the Federal Government and by State and local
governments are also shown by type and by function.
The industrial distributions for private activities are
based on data collected from "establishments" or from
"companies" (also called enterprises or firms). Establishments, as defined in the SIC, are economic units,
generally at a single physical location, where business
is conducted or where services or industrial operations
are performed. Companies consist of one or more establishments owned by the same legal entity or group of
affiliated entities. Establishments are classified into an
SIC industry on the basis of their principal product or
service, and companies are classified into an SIC industry on the basis of the principal SIC industry of all their
establishments. Because large multiestablishment companies typically own establishments that are classified in
different SIC industries, the industrial distribution of the
same economic activity on an establishment basis can
differ significantly from that on a company basis. For
example, employment of steel-manufacturing companies
differs from employment of steel-manufacturing establishments because the employment of these companies
includes the employment of establishments that are not
classified in steel manufacturing and because it excludes
the employment of establishments that manufacture steel
but are not owned by steel-manufacturing companies.
Industrial distributions on a consistent establishment or
company basis are not available for all NIPA components.
As a result, the industrial distribution of national income
reflects a mix of establishment and company data. For
the following series, the industrial distributions are based
on establishment data: Compensation of employees, employment, hours, inventories, rental income of persons,
farm proprietors' income, farm net interest, and farm
noncorporate capital consumption allowances. For nonfarm proprietors, industrial distributions of proprietors'
income, net interest, and capital consumption allowances
are based on company data; these data are regarded

as being substantially the same as if they were based
on establishment data because nearly all unincorporated
companies own only one establishment (and the few multiestablishment companies usually own establishments
in the same SIC industry). For corporations, industrial
distributions of profits, nonfarm net interest, and capital
consumption allowances are based on company data.
In addition, individual industry series are not fully comparable over time. Historical comparability is affected
primarily by two factors. First, the composition of industries may change because of changes in the SIC basis that
is used for the estimates. This factor affects estimates
based on establishment data and on company data.
Second, historical comparability is affected because
the industrial classification of the same establishment
or company may change over time. This factor affects
company-based estimates much more than establishmentbased estimates. The classification of a company may
change as a result of the following: Shifts in the level
of consolidation of entities for which company reports
are filed; mergers and acquisitions; and other shifts in
principal activities, especially for large diversified firms.
In addition to the SIC industrial distributions of private
activities, some NIPA tables show the following special




SIC groupings, the titles of which correspond to the 1987
SIC:
Financial industries consists of the following SIC
industries: Depository institutions, nondepository institutions, security and commodity brokers, insurance
carriers, regulated investment companies, small business
investment companies, and real estate investment trusts.18
Nonfinancial industries consists of all other private
industries.
Goods-producing industries consists of the following
SIC divisions: Agriculture, forestry, and fishing; mining;
construction; and manufacturing.
Distributive industries consists of the following SIC
divisions: Transportation (excluding the U.S. Postal
Service); communications; electric, gas, and sanitary
services; wholesale trade; and retail trade.
Service industries consists of the rest-of-the-world sector and the following SIC divisions: Finance, insurance,
and real estate; and services.

18. Regulated investment companies, small business investment companies,
and real estate investment trusts are included in the SIC classification "holding
and other investment offices" and are not shown separately in the NIPA tables.

Presentation of the NIPA's
This section describes the release schedule for the
NIPA estimates, the publication of the NIPA tables,
and additional presentations of NIPA and NIPA-related
estimates.

Release schedule
For gross domestic product (GDP) and most other NIPA
series, quarterly estimates are released on the following
schedule: "Advance" estimates are released near the end
of the first month after the end of the quarter; as more
detailed and more comprehensive data become available,
"preliminary" and "final" estimates are released near the
end of the second and third months, respectively.
For gross national product, gross domestic income,
national income, corporate profits, and net interest, advance estimates are not prepared, because of a lag in the
availability of source data. Except for the fourth-quarter
estimates, the initial estimates for these series are released
with the preliminary GDP estimates, and the revised estimates are released with the final GDP estimates. For the
fourth-quarter, these estimates are released only with the
final GDP estimates.
Monthly estimates of personal income and outlays are
released near the end of the month following the reference
month; estimates for the preceding 2 to 4 months are
subject to revision at that time.
Annual revisions of the NIPA's are usually carried out
each summer and cover the months and quarters of the
most recent calendar year and of the 2 preceding years.
These revisions are timed to incorporate newly available
major annual source data.
Comprehensive revisions are carried out at about 5year intervals and incorporate the three major types of
improvements described earlier: (1) Definitional and
classificational changes, (2) statistical changes, and (3)
presentational changes.

Publication of the NIPA tables
Tables that present the NIPA estimates appear each month
under "National Data" in the section "BEA Current and
M—18



Historical Data" in the SURVEY OF CURRENT BUSINESS. 1 9
The full set of NIPA tables consists of 142 tables that
present annual, quarterly, and monthly estimates. These
tables are grouped into nine categories:
1. National Product and Income
2. Personal Income and Outlays
3. Government Receipts, Current Expenditures, and
Gross Investment
4. Foreign Transactions
5. Saving and Investment
6. Income and Employment by Industry
7. Quantity and Price Indexes
8. Supplemental Tables20
9. Seasonally Unadjusted Estimates
Categories 1-5 are presented in volume 1 of this
publication, and categories 6-9 are presented in volume 2.
The NIPA tables are numbered as follows: The number preceding the period is the category number, and the
number following the period indicates the specific table
in that category; for example, table 2.2 is the second table
in the second category "Personal Income and Outlays."
The complete list of NIPA tables is shown in the table
of contents. For each of these tables, the frequency of
the estimate and the time period covered are given. In
volume 2, the tables are followed by the "Index to the
NIPA Tables," which identifies the NIPA table (or tables)
for each NIPA series and each topic covered by the NIPA's
and which includes cross-references for commonly used
business and economic terms to the appropriate NIPA
item.
19. The NIPA estimates appear first in news releases, which are available to
the general public in a variety of forms (see the box "Data Availability").
20. In this category, the first table shows year-to-year and quarter-to-quarter
percent changes in the major NIPA aggregates, and the second table shows
contributions of the major expenditure components to the percent change in real
GDP. The other tables show the following: Selected per capita series; auto and
truck output, farm and housing sector accounts; detail on several components
of gross national income (consumption of fixed capital, capital consumption
adjustment, business transfer payments, supplements to wages and salaries,
rental income of persons, dividends, and interest); NIPA imputations and the
components affected; and reconciliations of several NIPA measures with the
source data (for example, tax return tabulations) from which they are derived
or to which they are closely related. The last table shows fixed (1992) weighted
quantity indexes for selected series.

Most of the full set of NIPA tables are published in the
issues of the SURVEY that describe the annual and comprehensive revisions (for example, see the August 1997
SURVEY); the remaining tables are published in subsequent
months. In addition, a set of "Selected NIPA Tables" is
published monthly in the SURVEY; this set presents the
estimates for the most recent six quarters and the most
recent 2 years. The selected set comprises 57 tables from
the first eight NIPA categories (seasonally unadjusted estimates in the ninth category are compiled only once a
year and thus are not included in the selected set of tables). Because the numbering system used for the full set
of tables is retained in the selected set, gaps occur in the
numbering of the selected tables.
A note preceding the NIPA tables indicates information on the vintage of the estimates. In general, the
NIPA tables in the SURVEY present estimates for the most
recent 2—4 years. Historical annual and quarterly estimates for summary NIPA series are presented annually in
the SURVEY; see "Summary National Income and Product
Series, 1929-96" in the August 1997 SURVEY. These estimates cover the following: Current- and chained-dollar
GDP for most of the components in NIPA tables 1.1 and
1.2 and for final sales of domestic product and gross
national product; NIPA price indexes and implicit price
deflators; and most of the major components of national
income and personal income in NIPA tables 1.14 and 2.1.
In addition, historical annual and quarterly estimates for
the major NIPA aggregates are published monthly in the
SURVEY.

Additional presentations of NIPA and
NIPA-related estimates
The SURVEY also presents the following NIPA and NIPArelated estimates that do not fit neatly into the system or
publication schedule for the standard NIPA presentation.
"Gross Domestic Product by Industry" presents
current- and chained-dollar estimates of gross product,
or gross product originating, by industry, which is the
contribution of each industry—including government—
to GDP. Estimates for GDP by industry for 1947-96 were
published in the November 1997 SURVEY.
"Reconciliation Tables" in appendix A of the "BEA
Current and Historical Data" section presents tables that
reconcile NIPA estimates with related series and that provide analytically useful extensions of the NIPA estimates.
At present, tables in this section show the reconciliation
of relevant NIPA series with related series in the balance of payments accounts and the reconciliation of BEA
compensation with Bureau of Labor Statistics earnings.
"Real Inventories, Sales, and Inventory-Sales Ratios
for Manufacturing and Trade"—in the January, April,
July, and October issues of the SURVEY—shows quarterly
and monthly estimates for these series. Also shown are
quarterly and monthly inventories for manufacturing by
stage of fabrication. Historical estimates for these series, quarterly for 1977 forward, were published in the
May 1996 SURVEY, and revised and new estimates for
1993—96 were published in the October 1997 SURVEY.
Estimates for 1959 forward are available electronically to

Data Availability
The estimates from the national income and product accounts
(NIPA's) that are prepared by the Bureau of Economic Analysis
(BEA) are available on three World Wide Web sites and in a variety
of other media.

• The Federal Statistical Briefing Room at the White House
Web site at <http://www.whitehouse.gov/fsbr> provides summary
estimates of GDP and of a few other major NIPA aggregates.

Web sites

The NIPA estimates are published monthly in the SURVEY;
to subscribe, call the Superintendent of Documents of the U.S.
Government Printing Office at 202-512-1800.
Summary information on the estimates of GDP and of personal
income is available in a recorded telephone message at the time
of release. For the GDP estimates, call 202-606-5306; for the
estimates of personal income and outlays, call 202-606-5303.
The NIPA estimates are also available on diskettes or printouts
from BEA. For a description of these products and for other information about BEA's programs and products, see the "User's
Guide to BEA Information" on the BEA Web site. To order products from BEA using Visa or MasterCard, call the Order Desk at
1-800-704-0415 (outside the United States, 202-606-9666).

• The BEA Web site at <http://www.doc.bea.gov> presents
summary NIPA estimates, selected articles from the SURVEY OF
CURRENT BUSINESS, and the monthly news releases for gross
domestic product (GDP) and for personal income and outlays.
• The Web site of the Department of Commerce's STAT-USA
provides the monthly news releases on GDP and on personal income at the time of release, the underlying detail NIPA tables, and
the complete issues of the SURVEY; to subscribe, go to the Web
site at <http://www.stat-usa.gov>. This information is also available on STAT-USA's Economic Bulletin Board; to subscribe, call
202-482-1986.




Other media

subscribers to STAT-USA's Economic Bulletin Board or
Internet services (see the box "Data Availability").
"Fixed Reproducible Tangible Wealth in the United
States"—usually published in the September issue of the
SURVEY—shows annual estimates of stocks for fixed private capital, government-owned fixed capital, and durable
goods owned by consumers. Revised estimates for 192995 were published in the May 1997 SURVEY and were
updated to 1996 in the September 1997 SURVEY. (The
publication Fixed Reproducible Tangible Wealth in the
United States, 1925—94 is forthcoming and will present
the estimates described above and additional estimates by
industry and by type of asset for net stocks, consumption of fixed capital, investment, and average age of net
stocks.)

including personal consumption expenditures, appears
under "National Data" in the "BEA Current and Historical Data" section of the SURVEY. These estimates are
also published annually in NIPA tables 2.8-2.11, and
the estimates for the most recent months appear in the
personal-income-and-outlays news release.
"Source Data and Assumptions" shows the source data
and the BEA assumptions for missing key source data that
are used to prepare the advance estimates of GDP. This
information is available at the time of the news release
and is included in the "Business Situation" article in the
21
SURVEY that presents the advance estimates.

"Selected Monthly Estimates" for personal income by
type of income and for the disposition of personal income,

21. Additional information about source data and assumptions is also available online through STAT-USA's Economic Bulletin Board and on the Internet
(see the box "Data Availability").




Statistical Conventions Used
for NIPA Estimates
Most of the NIPA estimates are presented in current
dollars. Changes in current-dollar estimates measure the
changes in the market values of goods or services that
are produced or sold in the economy. For many purposes, it is necessary to decompose these changes into
price and quantity components. Prices are expressed as
index numbers with the base period—at present, the year
1992—equal to 100. Quantities, or "real" measures, are
expressed as index numbers with the base period (1992)
equal to 100; for selected series, they are also expressed
in chained (1992) dollars. (For further details, see the
section "Real output and related measures.")

Annual rates
Quarterly and monthly NIPA estimates in current and
chained dollars are presented at annual rates, which show
the value that would be registered if the rate of activity
measured for a quarter or a month were maintained for
a full year. Annual rates are used so that periods of
different lengths—for example, quarters and years—may
be easily compared. These annual rates are determined
simply by multiplying the estimated rate of activity by 4
(for quarterly data) or by 12 (for monthly data).
Percent changes in the estimates are also expressed at
annual rates. Calculating these changes requires a variant
of the compound interest formula,

Seasonal adjustment
Quarterly and monthly NIPA estimates are seasonally
adjusted at the detailed series level when statistically significant seasonal patterns are present. For most of the
series that are seasonally adjusted by the source agency,
BEA adopts the corresponding seasonal adjustment factors. Seasonal adjustment removes from the time series
the average effect of variations that normally occur at
about the same time and in about the same magnitude each
year—for example, weather and holidays. After seasonal
adjustment, cyclical and other short-term changes in the
economy stand out more clearly.




where
r is the percent change at an annual rate;
GDPT is the level of activity in the later period;
GDPq is the level of activity in the earlier period;
m is the yearly periodicity of the data (for example, 1 for annual data, 4 for quarterly, or 12 for
monthly); and
n is the number of periods between the earlier and later
periods (that is, t - 0).

M-21

Appendix
Updated Summary NIPA Methodologies
This appendix presents summary descriptions of the
principal source data and methods used to prepare the
current-dollar estimates of gross domestic product (GDP)
and the estimates of real GDP.22 These descriptions reflect
the methodological improvements that were introduced
in the annual revision of the national income and product
accounts (NIPA's) that was released in July 1997 and the
comprehensive revision of the NIPA's that was released
in January 1996.23

Current-dollar estimates
Table 1 lists the components of current-dollar GDP
starting with the components on the product side and proceeding to those on the income side. The subcomponents,
with their dollar values for 1996, are grouped according
to the methodology used to prepare them.
The column for the annual estimates covers the revision
cycle for those estimates and notes the major differences
in methodology as the estimates move through the three
annual revisions to a benchmark revision.24 For example,
for "most goods" in personal consumption expenditures
(the first item on the product side), the table indicates
one methodology for benchmark years and another for all
other years.
The column for the quarterly estimates covers only
the advance estimate for the current quarter—that is, the
estimate prepared about a month after the end of the
quarter. That estimate, rather than the preliminary or final
quarterly estimate, is described because more attention
focuses on the "first look" at the quarter. In addition, the
column lists only the source data and methods; it does not
indicate how many months of source data are available
or whether the data are subject to revision by the source
agency. Information on the key monthly source data
appears each month in the "Business Situation" in the
SURVEY OF CURRENT BUSINESS. Additional information on
22. BEA has prepared a series of papers that provide detailed descriptions
of NIPA concepts and methodologies. See the box "Information About NIPA
Methodology."
23. See the box "Information About BEA Methodology."
24. For additional details on the release schedule for the NIPA estimates, see
the section "Presentation of the NIPA's" in the text.




the monthly source data used for the advance estimate is
available online from the STAT-USA's Economic Bulletin
Board and Internet services.25
The source data listed consist of a variety of economic
measures, such as sales or receipts, wages and salaries,
unit sales, housing stock, insurance premiums, expenses,
interest rates, mortgage debt, and tax collections. For
most components, the source data are "value data"; that
is, they encompass both the quantity and price dimensions that are required for current-dollar estimates. In
these cases, the methodology indicated in table 1 covers
only the adjustment of the value data to derive estimates
consistent with NIPA definitions and coverage.
For those estimates not derived from value data, the
table indicates the combination of data with separate
quantity and price dimensions that is used to derive the
required value estimate and the major adjustments needed
to derive estimates consistent with NIPA definitions and
coverage. On the product side, a "physical quantity times
price" method is used for several components. For example, the estimate for new autos is calculated as unit sales
times expenditure per auto (the average list price with options, adjusted for transportation charges, sales tax, dealer
discounts, and rebates). On the income side, an "employment times earnings times hours" method and variations
of a "stock of assets/liabilities times an effective interest
rate" method are used for several components.
Some of the source data shown in table 1 for the annual
estimates are used as indicators to interpolate and extrapolate the levels established by source data that are more
comprehensive, and all of the source data shown for the
advance quarterly estimates are used to extrapolate the
level of the preceding quarter. In addition, extrapolation
and interpolation may be based on trends, as is the case
when "judgmental trend" is listed in the table.26
Estimating methods.—Table 1 refers to four methods—
commodity flow, retail control, perpetual inventory, and
25. For additional information, see the box "Data Availability."
26. For a few components, the final quarterly estimates are based on newly
available source data that replace judgmental trends.
M-23

fiscal year analysis—used by BEA for estimating specific
components.
The commodity-flow method is used to obtain the value
of final users' purchases of goods and services (that
is, commodities) for BEA's benchmark input-output accounts. These values serve as the benchmark for the
NIPA estimates of personal consumption expenditures
(PCE), of producers' durable equipment (PDE), and of
the commodity detail for State and local government
consumption expenditures and gross investment.27 This
method is also used for PDE in nonbenchmark years, but
it is implemented in an abbreviated form. An even more
abbreviated commodity-flow method is used for current
quarterly estimates of PDE.
The retail-control method is used to estimate over onethird of the value of PCE for periods other than benchmark
years. This method provides the indicator series used in
extrapolating and interpolating the total of "most goods"
and the "control" total to which the PCE categories and
residential PDE included in this group must sum. These
PCE categories consist of all goods except autos and
trucks, food furnished to employees, food and fuel produced and consumed on farms, standard clothing issued
to military personnel, school lunches, and net foreign
remittances.28
The perpetual-inventory method is used to derive estimates of fixed capital stock, which in turn form the basis
for the estimates of consumption of fixed capital. This
method is based on investment flows and a geometric
depreciation formula; it is used instead of direct measurement of the capital stock because direct measurement is
seldom statistically feasible on a comprehensive basis.29
The fiscal year-analysis method provides the framework for the annual and quarterly estimates of Federal
Government consumption expenditures and gross investment. The estimates of expenditures are prepared by
program—that is, by activity for a group of line items
or for an individual line item in the Budget of the U.S.
Government. For most programs, the fiscal year analysis
27. For additional information on the commodity-flow method, see U.S. Department of Commerce, Bureau of Economic Analysis, Personal Consumption
Expenditures, Methodology Paper Series M P - 6 (Washington, DC: U.S. Government Printing Office, 1990): 31-34; and U.S. Department of Commerce,
Bureau of Economic Analysis, GNP: An Overview of Source Data and Estimating Methods, Methodology Paper Series M P - 4 (Washington, DC: U.S.
Government Printing Office, 1987): 16-17.
28. For additional information, see Personal Consumption
Expenditures,
41-54; and GNP: An Overview, 17.
29. For additional information on the perpetual-inventory method, see U.S.
Department of Commerce, Bureau of Economic Analysis, Fixed Reproducible
Tangible Wealth in the United States, 1925-89 (Washington, DC: U.S. Government Printing Office, January 1993): M-2-M-15;and GNP: An Overview,
17-18. For additional information on the geometric depreciation formula,
see "Improved Estimates of Fixed Reproducible Tangible Wealth, 1929-95,"
SURVEY 77 (May 1997): 69-92.




begins by adjusting budget outlays for coverage and for
netting and grossing differences between these outlays
and NIPA expenditures. The expenditures total (as adjusted) for a program is then classified by type of NIPA
expenditure—for example, transfer payments and interest paid—with nondefense consumption expenditures and
gross investment determined residually. When a fiscal
year analysis is completed, the detailed array of NIPA expenditures by program and by type of expenditure serves
as a set of control totals for the quarterly estimates.30
Balance of payments accounts.—The source data
for the foreign transactions reflected in most NIPA
components—such as net exports of goods and services
and rest-of-the-world corporate profits—are the balance
of payments accounts (BPA's), which are also prqpared
by BEA.31 As noted in table 1, for some NIPA components, the BPA estimates are adjusted to conform to NIPA
concepts and definitions.32 Annual estimates of these adjustments and their definitions are shown in NIPA table
4.5, which was last published in the August 1997 SURVEY
on page 82; summary quarterly estimates are shown in
"Reconciliation Tables" in appendix A of the SURVEY.
Other information.—In preparing the annual estimates
of several of the income-side components, BEA adjusts
the source data for various coverage and conceptual differences. For each subcomponent listed below, an annual
NIPA table reconciles the value published by the source
agency with the NIPA value published by BEA and identifies the BEA adjustments. The following is a list of
the subcomponents and their corresponding reconciliation tables, which were last published in the September
1997 SURVEY beginning on page 34: Wages and salaries,
table 8.25; farm proprietors' income, table 8.22; nonfarm
proprietors' income, table 8.21; corporate profits, table
8.23; net interest, table 8.24; and consumption of fixed
capital, table 8.20.

30. For additional information and an illustration of the fiscal year-analysis
method, see U.S. Department of Commerce, Bureau of Economic Analysis,
Government Transactions, Methodology Paper Series M P - 5 (Washington, DC:
U.S. Government Printing Office, 1988): 19-20.
31. See U.S. Department of Commerce, Bureau of Economic Analysis, The
Balance of Payments of the United States: Concepts, Data Sources, and
Estimating Procedures, (Washington, DC: U.S. Government Printing Office,
1990). (The methodologies described in this publication are subject to periodic
improvements, which are typically introduced as part of the annual revision of
the BPA's; these improvements are described in the SURVEY articles that cover
the annual BPA revisions, most recently in "U.S. International Transactions,
Revised Estimates for 1974-96"SURVEY 77 (July 1997): 43-55.)
32. These adjustments are described in U.S. Department of Commerce, Bureau of Economic Analysis, Foreign Transactions, Methodology Paper Series
M P - 3 (Washington, DC: U.S. Government Printing Office, 1987): 15-25.

Real estimates
Table 2 shows which one of three methods—deflation,
quantity extrapolation, and direct base-year valuation—
is used to prepare the quantity index for each detailed
product-side component of real GDP and identifies the
source data with which the method is implemented.33
Deflation is used for most of the detailed components. In
deflation, the quantity index is obtained by dividing the
current-dollar index by an appropriate price index that has
the base year—currently 1992—equal to 100 and then by
multiplying the result by 100.
The quantity-extrapolation and direct-base-yearvaluation methods are similar in that they both use explicit
33. For additional information on the calculation of real GDP, see the section
"Real output and related measures" in the text.




quantity data. In quantity extrapolation, quantity indexes
are obtained by using a quantity indicator to extrapolate
from the base-year value of 100 in both directions. In
direct-base-year valuation, quantity indexes are obtained
by multiplying the base-year price by actual quantity data
for the index period and then expressing the result as an
index with the base year equal to 100.
The subcomponents in table 2 are the same as those
shown in table 1, but the detail differs to highlight the
alternative methodologies used for calculating the real
estimates.34

34. For the real estimates, the distinction between annual and quarterly
methodologies is far less important than it is for the current-dollar estimates.
For the relatively few cases in which the annual and quarterly source data differ,
the major differences are noted in the entry.

Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP
Component
(billions of dollars)

Subcomponent
(billions of dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other years
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data and methods
used to prepare an
extrapolator

Prt>duct side (GDP of $6,947.0 billion for 1994)
Personal
consumption
expenditures
($4,717.0)

Durable and nondurable goods:
($2,007.9)1
Most goods (except
subcomponents
listed separately)
($1,683.8)

New autos
($91.2)

Net purchases of
used autos
($44.1)

New trucks
($60.7)




Benchmark years—Commodity-flow method, start- Same as annual for most reing with manufacturers' shipments from Census
cent year.
Bureau quinquennial census and including an
adjustment for exports and imports from Census
Bureau foreign trade data.
Other years—Retail-control method, using retail
trade sales from Census Bureau annual survey
or, for most recent year, monthly survey of retail
trade.
Physical quantity purchased times average retail
Same as annual.
price: Unit sales, information to allocate sales
among consumers and other purchasers, and
average list price with options, adjusted for
transportation charges, sales tax, dealer discounts, and rebates, all from trade sources.
Benchmark years—For net transactions, change in For net transactions, residual
based on net sales by other
the consumer stock of autos from trade sources.
sectors. For dealers' marFor dealers' margin, retail sales from Census
gin, unit sales of franchised
Bureau quinquennial census and margin rate
dealers from trade source
from Census Bureau annual survey of retail
and sales price from Butrade.
reau of Labor Statistics
Other years except most recent—For net transconsumer price index for
actions, same as benchmark years. For dealers'
used cars.
margin, franchised dealers' unit sales times
sales price, both from trade sources, times margin rate for independent dealers from Census
Bureau annual survey; independent dealers'
margin from Census Bureau annual survey.
Most recent year—For net transactions, same as
benchmark years. For dealers' margin, for franchised dealers, unit sales and sales price from
trade sources; for independent dealers, sales
from Census Bureau monthly survey of retail
trade.
Benchmark years—Commodity-flow method, start- Same as annual for most reing with manufacturers' shipments from Census
cent year.
Bureau quinquennial census and including an
adjustment for exports and imports from Census
Bureau foreign trade data.
Other years except most recent—Abbreviated
commodity-flow method, starting with manufacturers' shipments from Census Bureau annual
survey and including an adjustment for exports
and imports from Census Bureau foreign trade
data.
Most recent year—Physical quantity purchased
times average retail price: Unit sales and information to allocate sales among consumers and
other purchasers from trade sources and average price based on Bureau of Labor Statistics
consumer price index for new trucks.

Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP—Continued
Component
(billions of dollars)

Subcomponent
(billions of dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other years
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data ana methods
used to prepare an
extrapolator

Product side (GDP of $6,947.0 billion for 1994)—Continued
Personal
consumption
expenditures
—Continued




Durable and nondurable goodsContinued:
Gasoline and oil 2
($109.4)

Food furnished to
employees (including military)
($8.1)

Expenditures abroad
by U.S. residents
($2.7) less personal remittances
in kind to nonresidents ($1.4)
Services:
($2,709.1)
Nonfarm dwellings—
space rent for
owner-occupied
and rent for tenant-occupied
($680.9)

Rental value of farm
dwellings
($5.8)

Benchmark years—Physical quantity purchased
Same as annual for most retimes average retail price: Gallons consumed
cent year.
from the Department of Transportation, information to allocate that total among consumers and
other purchasers from Federal agencies and
trade sources, and average retail price from
Census Bureau quinquennial census.
Other years except most recent—Same as benchmark years, except average retail price from the
Energy Information Administration.
Most recent year—Physical quantity purchased
times average retail price: Gallons consumed
and average price, both from the Energy Information Administration.
Benchmark years—For commercial employees,
For commercial employees,
same as annual for other
number of employees of appropriate industries
years; for military personnel,
from Bureau of Labor Statistics tabulations
judgmental trend.
times BEA estimate of per capita expenditures
for food; for military personnel, outlays from the
Budget of the United States prepared by the Office of Management and Budget.
Other years—Same as benchmark years, except
per capita expenditures for food based on Bureau of Labor Statistics consumer price index
for food.
Estimated as part of the balance of payments acJudgmental trend.
counts; see entry for "exports and imports of
services, net," under net exports of goods and
services.

Benchmark years—Based on data on housing
stock and average annual rent from Census Bureau decennial census of housing and residential finance survey, adjusted for utilities billed
with rent.
Other years—Based on data on housing stock
and average annual rent from Census Bureau
biennial housing survey or on the number of
households from Census Bureau monthly current population survey and Bureau of Labor
Statistics consumer price index for rent.
Benchmark years—Based on data on housing
stock and average annual rent from Census Bureau decennial census of housing and survey of
residential finance.
Other years—Based on data on net value of real
farm housing stock from BEA capital stock series.

Same as annual: For housing
stock, judgmental trend; for
average rent, Bureau of
Labor Statistics consumer
price index for rent.

Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP—Continued
Component
(billions of dollars)

Subcomponent
(billions of dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other final
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data and methods
used to prepare an
extrapolator

Product side (GDP of $6,947.0 billion for 1994)—Continued
Personal
consumption
expenditures
—Continued

Services—Continued:
Motor vehicle and
other repair, other
purchased intercity
transportation,
legal and funeral
services, barbershops and beauty
parlors, nursing
homes, laundries,
employment agency fees, accounting and tax return
preparation services, recreation
(except cable TV,
casino gambling,
parimutuel net receipts, and lotteries), hotels and
motels, and other
education and research
($434.7)
Physicians, dentists,
and other professional medical
services
($319.6)

Private nursery, elementary, and secondary schools,
day care, welfare
activities, and
trade unions and
professional associations
($129.3)




Benchmark years—Receipts and expenses from
Census Bureau quinquennial census adjusted
for receipts from business and governments.
Other years—Receipts for spectator sports from
trade sources; for legitimate theaters and other
education and research, tabulations of wages
and salaries of employees covered by State unemployment insurance from the Bureau of
Labor Statistics; for others in this group, Census
Bureau service annual survey.

For nursing homes, other education and research, employment agency fees, and
clubs and fraternal organizations, wages and salaries
derived from Bureau of
Labor Statistics monthly employment times earnings
times hours; for legitimate
theaters and motion pictures, receipts from trade
sources; for radio and TV
repair, number of TV's
based on stock and sales
from trade source times Bureau of Labor Statistics
consumer price index for appliance and furniture repair;
for hotels and motels, rooms
rented times average price
per room from trade source;
for others in this group,
judgmental trend.

Benchmark years—For nonprofit professional
services, expenses, and for others in this group,
receipts, adjusted for government consumption,
all from Census Bureau quinquennial census.
Other years—Receipts and revenues, adjusted for
government consumption, from Census Bureau
service annual survey.

For physicians and dentists,
judgmental trend; for other
professional medical services, wages and salaries derived from Bureau of Labor
Statistics monthly employment times earnings times
hours.
For political organizations and
foundations, judgmental
trend; for others in this
group, wages and salaries
derived from Bureau of
Labor Statistics monthly employment times earnings
times hours.

Benchmark years—For religious-affiliated schools,
enrollment from the Department of Education
times BEA estimate of average expenditures
per pupil; for nursery schools and day care, expenditures from Bureau of Labor Statistics
consumer expenditure survey; for others in this
group, receipts and expenses from Census Bureau quinquennial census.
Other years except most recent—For nursery
schools and day care, same as benchmark
years; for others in this group, annual tabulations of wages and salaries of employees covered by State unemployment insurance from the
Bureau of Labor Statistics.
Most recent year—For nursery schools and day
care, judgmental trend; for others in this group,
tabulations of wages and salaries of employees
covered by State unemployment insurance from
the Bureau of Labor Statistics.

Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP—Continued
Component
(billions of dollars)

Subcomponent
(billions of dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other years
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data ana methods
used to prepare an
extrapolator

Product side (GDP of $6,947.0 billion for 1994)—Continued
Personal
consumption
expenditures
—Continued

Services—Continued:

Financial services
furnished without
payment by banks,
credit agencies,
and investment
companies3
($151.5)
Brokerage charges
and investment
counseling, bank
service charges,
intercity transportation except other,
and private higher
education
($127.0)

Domestic services
($11.9)

Public higher education and hospitals, water and
other sanitary
services, and lotteries
($141.9)
See footnotes at end of table.




See entry for "imputed—banks, credit agencies,
and investment companies" under net interest.

Judgmental trend.

Years except most recent—For private higher
education, expenses, and for others in this
group, receipts, all from annual reports of government administrative agencies.
Most recent year—For brokerage charges, bank
service charges, and intercity transportation, receipts, from annual reports of government administrative agencies; for private higher education, enrollment from the Department of Education times price index for higher education
from trade source.

For stock brokerage charges,
stock exchange transactions
from trade sources; for income from sales of investment company securities,
sales of open-end investment company shares from
trade source; for other brokerage charges and investment counseling and for
bank service charges,
judgmental trend; for intercity transportation, receipts
from trade sources; for private higher education,
wages and salaries derived
from Bureau of Labor Statistics monthly employment
times earnings times hours.
Judgmental trend.

Benchmark years—For cleaning services, receipts
from Census Bureau quinquennial census; for
other domestic services, number of workers
times weekly hours times earnings from the Bureau of Labor Statistics.
Other years—Number of workers times weekly
hours times earnings from the Bureau of Labor
Statistics.
Years except most recent—For lotteries, net receipts from Census Bureau quinquennial census and annual surveys of State and local governments, adjusted to a calendar year basis
from a fiscal year basis; for others in this group,
receipts from the same sources.
Most recent year—Judgmental trend.

Same as annual for most recent year.

Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP—Continued
Component
(billions of dollars)

Subcomponent
(billions of dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other years
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data and methods
used to prepare an
extrapolator

Product side (GDP of $6,947.0 billion for 1994)—Continued
Personal
consumption
expenditures
—Continued

Services—Continued:
Insurance, private
hospitals, religious
activities, cable
TV, utilities, and
local transport
($653.5)

Foreign travel by
U.S. residents
($50.1) less expenditures in the
United States by
nonresidents
($69.7)
Other services: Casino gambling, and
parimutuel net receipts; other housing except hotels
and motels; bridge,
etc., tolls; other
household operation except repairs and insurance; travel and
entertainment card
fees; stenographic
and reproduction
services; and
money orders and
classified advertising
($72.5)
See footnotes at end of table.




Years except most recent—For life insurance, expenses from trade sources; for medical and
hospitalization insurance, premiums and benefits from the Health Care Financing Administration; for other insurance, premiums and benefits
from trade sources; for private hospitals, receipts and expenses from Census Bureau quinquennial census (benchmark year), and expenses from trade sources (other years); for religious activities, expenses based on contributions and membership from trade sources; for
cable TV and utilities, receipts from government
agencies and trade sources; for local transport,
receipts from trade source.
Most recent year—For life insurance, tabulations
of wages and salaries of employees covered by
State unemployment insurance from the Bureau
of Labor Statistics; for insurance other than life
insurance, judgmental trend; for religious activities, expenses based on population from the
Census Bureau and per capita disposable personal income from BEA; for local transport, passenger trips from trade source times Bureau of
Labor Statistics consumer price index for intracity mass transit; for others in this group, same
as other years.
Estimated as part of the balance of payments accounts; see entry for "exports and imports of
services, net," under net exports of goods and
services.

Various source data.

For life insurance, hospitals,
and religious activities,
wages and salaries derived
from Bureau of Labor Statistics monthly employment
times earnings times hours;
for electricity and gas, projected quantities based on
degree-day data from the
National Oceanic and Atmospheric Administration
times price based on Bureau
of Labor Statistics consumer
price indexes for utilities; for
others in this group,
judgmental trend.

Same as annual.

For casino gambling, receipts
from State agency; for others in this group, judgmental
trend.

Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP—Continued
Component
(billions of dollars)

Subcomponent
(billions of dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other years
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data and methods
used to prepare an
extrapolator

Product side (GDP of $6,947.0 billion for 1994)—Continued
Fixed
investment
($946.6)

Nonresidential
structures:
($184.5)4
Utilities: Telecommunications
($10.1)
Utilities: Other
($21.9)
Mining exploration,
shafts, and wells
($16.7)

Industrial buildings
($28.9)

Other nonfarm buildings and structures
($103.4)

Farm buildings
($3.2)
See footnotes at end of table.




Value put in place from Census Bureau monthly
construction survey.

Same as annual.

Judgmental trend.
Expenditures from Federal regulatory agencies
and trade sources.
Benchmark years—Expenditures from Census Bu- For petroleum and natural gas,
same as annual for other
reau quinquennial census.
years; for mining,
Other years—For petroleum and natural gas,
physical quantity times average price: Footage
judgmental trend.
drilled and cost per foot from trade sources; for
other mining, expenditures from Census Bureau
surveys on capital expenditures.
Benchmark years, except 1992—Value put in
Same as annual for other
place from Census Bureau monthly construction
years.
survey and improvements from Department of
Energy commercial buildings energy consumption survey. For 1992, tabulations from Census
Bureau annual capital expenditure survey, adjusted for undercoverage.
Other years—Value put in place from Census Bureau monthly construction survey.
Benchmark years—Value put in place from CenSame as annual for other
sus Bureau monthly construction survey and imyears.
provements from Department of Energy commercial buildings energy consumption survey.
Other years—Value put in place from Census Bureau monthly construction survey.
Expenditures for new construction from DepartValue put in place from Cenment of Agriculture surveys.
sus Bureau monthly construction survey.

Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP—Continued
Component
(billions of dollars)

Subcomponent
(billions of dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other years
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data and methods
used to prepare an
extrapolator

Product side (GDP of $6,947.0 billion for 1994)—Continued
Fixed
investment—
Continued

Nonresidential producers' durable
equipment:
($476.1)
Equipment, except
autos
($428.1)

New and used autos
($48.0)

Residential investment:
($286.0)5
Permanent-site new
single-family housing units
($153.8)
Permanent-site new
multifamily housing
units
($14.1)
Mobile homes
($9.3)

Improvements
($71.0)




Benchmark years—Commodity-flow method, starting with manufacturers' shipments from Census
Bureau quinquennial census and including an
adjustment for exports and imports from Census
Bureau foreign trade data.
Other years—Abbreviated commodity-flow method, starting with manufacturers' shipments from
Census Bureau annual survey or, for most recent year (except aircraft and trucks), monthly
survey of manufactures and including an adjustment for exports and imports from Census Bureau foreign trade data. For aircraft, manufacturers' shipments from Census Bureau current
industrial report, adjusted for exports and imports. For trucks, domestic and North American
imports, physical quantity purchased times average retail price: Unit sales and information to allocate sales among business and other purchasers from trade sources and average price
based on Bureau of Labor Statistics producer
price indexes; for truck trailers, shipments from
Census Bureau current industrial report.

For trucks, see entry for "new
trucks" under personal consumption expenditures; for
others in this group, same
as annual for other years
but with less detail.

For new autos, see entry for "new autos" under
personal consumption expenditures; for used
autos, change in business stock of autos at
least 1 year old from trade source.

For new autos, same as annual; for used autos,
judgmental trend.

Value put in place based on phased housing
starts and average construction cost from Census Bureau monthly construction survey.

Same as annual.

Value put in place from Census Bureau monthly
construction survey.

Same as annual.

Benchmark years—See entry for "equipment, except autos" under nonresidential producers' durable equipment.
Other years—Physical quantity shipped times
price: Shipments from trade sources and average retail price from Census Bureau monthly
survey.
Expenditures by owner-occupants from Bureau of
Labor Statistics quarterly consumer expenditure
survey and by landlords from Census Bureau
quarterly survey of landlords.

Same as annual for other
years.

Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP—Continued
Component
(billions of dollars)

Subcomponent
(billions or dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other years
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data and methods
used to prepare an
extrapolator

Product side (GDP of $6,947.0 billion for 1994)—Continued
Fixed
investment—
Continued

Residential investment:—Continued
Brokers' commissions
($31.6)

Producers' durable
equipment
($6.9)
Change in
business
inventories
($61.2)

Manufacturing and
trade
($44.8)

Other nonfarm industries
($5.7)

Farm
($10.8)
See footnotes at end of table.




Physical quantity times price times average commission rate: Number of single-family houses
sold, mean sales price, and commission rates
from Census Bureau monthly construction survey, Census Bureau biennial housing survey,
and trade sources.
See entry for "most goods" under personal consumption expenditures.

Same as annual.

Same as annual.

Same as annual for most reBenchmark years—Inventories from Census Bureau quinquennial censuses revalued to current
cent year.
replacement cost, using information on the proportions of inventories reported using different
accounting methods, on the commodity composition of goods held in inventory, and on the
turnover period, all from Census Bureau quinquennial censuses and surveys, combined with
prices, largely based on Bureau of Labor Statistics producer price indexes. (The difference between Census Bureau change in inventories
and BEA change in business inventories is the
IVA.)
Other years except most recent—Inventories from
Census Bureau annual surveys, revalued as described above.
Most recent year—For retail auto dealers, quantities times average prices from trade sources;
for all other, inventories from Census Bureau
monthly surveys, revalued as described above.
Inventories revalued to current replacement cost
For electric utilities, same as
(except when noted as physical quantity times
annual for most recent year;
price) as described for manufacturing and trade:
for all others, judgmental
For years except most recent, Internal Revenue
trend.
Service tabulations of business tax returns; for
most recent year, Census Bureau quarterly survey of corporations for mining, monthly quantities from the Energy Information Administration
combined with Bureau of Labor Statistics producer price indexes for electric utilities, and for
all others, judgmental trend.
Changes in physical quantities times current
Judgmental projections by
prices from Department of Agriculture surveys.
BEA and the Department of
Agriculture.

Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP—Continued
Component
(billions of dollars)

Subcomponent
(billions of dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other years
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data and methods
used to prepare an
extrapolator

Product side (GDP of $6,947.0 billion for 1994)—Continued
Net exports of
goods and
services
(-$90.9)

Exports and imports
of goods, net
(-$167.2)

Exports and imports
of services, net
($76.3)

Estimated as part of the balance of payments accounts: Export and import documents compiled
monthly by the Census Bureau with adjustments by BEA for coverage and valuation to
convert the data to a balance-of-payments
basis. Adjusted for balance-of-payments coverage of U.S. territories and Puerto Rico with
data from the Commonwealth of Puerto Rico,
the U.S. Virgin Islands, and the Census Bureau,
and coverage of gold adjusted with data from
the U.S. Geological Survey and trade sources.
Estimated as part of the balance of payments accounts: For government transactions, reports by
Federal agencies on their purchases and sales
abroad; for most others in this group (including
travel, passenger fares, other transportation,
and royalties and license fees), BEA quarterly
or annual surveys (supplemented with data from
other sources). Adjusted for balance-of-payments coverage of U.S territories and Puerto
Rico, see entry above; adjusted to include financial services furnished without payment, see
entry for "imputed—banks, credit agencies, and
investment companies" under net interest, and
adjusted for NIPA treatment of military grants
and labor income.

For territorial adjustment and
coverage of gold,
judgmental trend; for all others, same as annual.

For territorial adjustment,
judgmental trend; for all others, same as annual.

Federal national defense consumption
of general government fixed capital
($56.7)

Perpetual-inventory calculations at current cost,
based on gross investment and on investment
prices.

Same as annual.

Federal national defense, except consumption of general government
fixed capital
($292.5)

Within a control total established by fiscal year
analysis: For compensation, military wages from
the Budget of the United States prepared by the
Office of Management and Budget, civilian
wages and benefits from the Office of Personnel Management, and employer contributions
for social insurance mainly from outlays from
Monthly Treasury Statement, for other than
compensation, by type, based mainly on data
from Department of Defense reports.

For components of compensation, employment from the
Department of Defense (military) and the Bureau of
Labor Statistics (civilian); for
other than compensation,
same as annual.

Federal nondefense
consumption of
general government fixed capital
($10.2)

Government
consumption
expenditures
and gross
investment
($1,313.0)

Perpetual-inventory calculations at current cost,
based on gross investment and on investment
prices.

Same as annual.

See footnotes at end of table.




Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP—Continued
Component
(billions of dollars)

Subcomponent
(billions of dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other years
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data and methods
used to prepare an
extrapolator

Product side (GDP of $6,947.0 billion for 1994)—Continued
Government
consumption
expenditures
and gross
investment—
Continued

Federal nondefense,
except consumption of general
government fixed
capital
($150.8)

State and local compensation of general government
employees, except
force-account construction
($502.6)

State and local structures
($113.4)
State and local brokerage charges
and financial services furnished
without payment
($9.7)
See footnotes at end of table.




Within a control total established by fiscal year
For components of compensaanalysis: For Commodity Credit Corporation intion, employment from the
ventory change, book values of acquisitions and
Bureau of Labor Statistics;
physical quantities of dispositions from agency
for other than compensation,
reports times average market prices from the
same as annual.
Department of Agriculture; for financial services
furnished without payment, see entry for "imputed—banks, credit agencies, and investment
companies" under net interest; for compensation, civilian wages and benefits from the Office
of Personnel Management and employer contributions for social insurance mainly from outlays from Monthly Treasury Statement, for petroleum sales (Naval Petroleum Reserve), distribution and price data from the Department of
Energy; for research and development, obligations from the National Science Foundation and
disbursements from the National Aeronautics
and Space Administration; for construction,
value put in place from Census Bureau monthly
construction survey; for all other, outlays from
Monthly Treasury Statement.
For wages and salaries, tabulations of wages and For wages and salaries, desalaries of employees covered by State unemrived from Bureau of Labor
ployment insurance from the Bureau of Labor
Statistics monthly employStatistics; for employer contributions for social
ment times earnings from
insurance, tabulations from the Social Security
Bureau of Labor Statistics
Administration, other agencies administering soemployment cost index, if
cial insurance programs, and Census Bureau
available; otherwise,
surveys of State and local government retirejudgmental trend. For other
ment funds, adjusted to a calendar year basis
compensation, judgmental
from a fiscal year basis; for other labor income,
trend.
trade sources, Health Care Financing Administration, and Census Bureau surveys of State
and local governments, adjusted to a calendar
year basis from a fiscal year basis.
Value of construction put in place from Census
Bureau monthly construction survey.

Same as annual.

See entries under personal consumption expenditures for services.

See entries under personal
consumption expenditures
for services.

Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP—Continued
Component
(billions of dollars)

Subcomponent
(billions of dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other years
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data and methods
used to prepare an
extrapolator

Product side (GDP of $6,947.0 billion for 1994)—Continued
Government
consumption
expenditures
and gross
investmentContinued

State and local consumption of general government
fixed capital

Perpetual-inventory calculations at current cost,
based on gross investment and on investment
prices.

Same as annual.

Years except most recent—Total expenditures
from Census Bureau quinquennial censuses
and annual surveys of State and local governments, selectively replaced with source data
that are more appropriate for the NIPA's and
adjusted as follows: For coverage; for netting
and grossing differences; to a calendar year
basis from a fiscal year basis; for other timing
differences; to exclude interest, subsidies, net
expenditures of government enterprises, and
transfer payments; and to exclude compensation and structures.
Most recent year—Judgmental trend.

Same as annual for most recent year.

($51.3)
State and local investment in equipment and consumption expenditures, except compensation, consumption of fixed
capital, brokerage
charges, and financial services
furnished without
payment.

($125.7)
See footnotes at end of table.




Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP—Continued
Component
(billions of dollars)

Subcomponent
(billions of dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other years
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data and methods
used to prepare an
extrapolator

Income sicle (Gross national income of $6,940.6 billion for 1994 )
Compensation
of
employees6

($4,012.0)

Wage and salary accruals: Private industries

($2,651.8)

Wage and salary accruals: Federal
Government
($173.4)

Wage and salary accruals: State and
local governments

($428.8)

Employer contributions for social insurance
($353.0)

Other labor income:
Group health insurance

($259.8)

Other labor income:
Pension and profitsharing

($91.8)
Other labor income:
Workers' compensation

($40.8)
Other labor income:
Group life insurance
($7.2)
See footnotes at end of table.




For most industries, wages
For most industries, annual tabulations of wages
and salaries derived from
and salaries of employees covered by State unBureau of Labor Statistics
employment insurance from the Bureau of
monthly employment times
Labor Statistics; for remainder, wages from a
earnings times hours; for
variety of sources (such as the Department of
others, judgmental trend.
Agriculture for farms and the Railroad Retirement Board for railroad transportation), adjusted
for understatement of income on tax returns
and for several coverage differences.
For civilians, employment from
For civilians, wages from the Office of Personnel
the Bureau of Labor StatisManagement; for military personnel, wages from
tics and judgmental trend;
the Budget of the United States prepared by the
for military personnel, emOffice of Management and Budget.
ployment from the Department of Defense and
judgmental trend.
Mainly tabulations of wages and salaries of emDerived from Bureau of Labor
ployees covered by State unemployment insurStatistics monthly employance from the Bureau of Labor Statistics.
ment times earnings from
Bureau of Labor Statistics
employment cost index, if
available, otherwise
judgmental trend.
For Federal programs, BEAYears except most recent—Tabulations from the
derived wages and salaries
Social Security Administration and other agenof employees covered by
cies administering social insurance programs,
the programs; for State and
and Census Bureau surveys of State and local
government retirement funds, adjusted to a callocal government programs,
endar year basis from a fiscal year basis.
judgmental trend.
Most recent year—Census Bureau surveys of
State retirement funds, adjusted to a calendar
year basis from a fiscal year basis.
Years except 3 most recent—Total contributions
Judgmental trend.
from the Health Care Financing Administration
less employee contributions from the Bureau of
Labor Statistics consumer expenditure survey.
Three most recent years—Employer costs for employee compensation from the Bureau of Labor
Statistics.
Years except 2 most recent—Tabulations from the Judgmental trend.
Department of Labor.
Two most recent years—Employer costs for employee compensation from the Bureau of Labor
Statistics or Internal Revenue Service tabulations of business tax returns.
Years except most recent—Employer contribuJudgmental trend.
tions from trade sources and contributions for
self-insured plans from the Social Security Administration.
Most recent year—Judgmental trend.
Years except most recent—Group premiums and
estimates of employer share from trade
sources.
Most recent year—Judgmental trend.

Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP—Continued
Component
(billions of dollars)

Subcomponent
(billions of dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other years
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data and methods
used to prepare an
extrapolator

Income side (Gr<3ss national income of $6,940.6 billion for 1994)—Co ntinued
Farm income with
IVA
($44.8)

Based on Department of Agriculture data on net
income, obtained by deriving gross income
(cash receipts from marketing, inventory
change, government payments, other cash income, and nonmoney income) and subtracting
production expenses, adjusted to exclude corporate income from Internal Revenue Service
tabulations of business tax returns and adjusted
to a NIPA basis.

Farm CCAdj
(-$7.9)
Nonfarm income
($415.0)

Proprietors'
income with
IVA and
CCAdj
($471.6)

See entry for "CCAdj" under consumption of fixed
capital.
Years except most recent—Income from Internal
Revenue Service tabulations of business tax returns, adjusted for understatement of income on
tax returns and for several conceptual differences.
Most recent year—For construction, trade, and
services, indicators of activity (such as value of
housing put in place); for most others,
judgmental trend.
See entry for "IVA" under corporate profits with
IVA and CCAdj.
See entry for "CCAdj" under consumption of fixed
capital.

Nonfarm IVA

(-$0.6)
Nonfarm CCAdj
($20.4)
Rental income
of persons
with CCAdj
($124.4)

Owner-occupied nonfarm housing
($102.3)

Tenant-occupied
nonfarm housing
($41.6)
Farms owned by
nonoperator landlords
($5.6)
See footnotes at end of table.




Benchmark years—Derived as space rent (see
entry for "nonfarm dwellings" under personal
consumption expenditures) less related expenses, including maintenance and repair from
Bureau of Labor Statistics quarterly consumer
expenditure survey, mortgage interest, and
property taxes from Census Bureau decennial
survey of residential finance.
Other years—Same as benchmark years, except
mortgage interest, based on mortgage debt
from the Federal Reserve Board times a BEA
interest rate, and property taxes from Census
Bureau quarterly surveys of State and local tax
collections.
Same as owner-occupied nonfarm housing, adjusted to cover only rental income accruing to
persons not primarily engaged in the real estate
business.
Prepared in conjunction with farm proprietors' income; see entry for "farm income with IVA"
under proprietors' income with IVA and CCAdj.

For crops, BEA quarterly allocation of Department of Agriculture annual projections
of crop output; for livestock,
Department of Agriculture
quarterly projections of cash
receipts and inventories; for
both crops and livestock,
quarterly allocation of Department of Agriculture annual projections of government subsidy payments and
production expenses.

Same as annual for most recent year.

For owner-occupied space
rent, same as annual; for
depreciation, interest, and
taxes, based on NIPA estimates of those components;
for other expenses,
judgmental trend.

Same as annual.

Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP—Continued
Component
(billions of dollars)

Subcomponent
(billions of dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other years
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data ana methods
used to prepare an
extrapolator

Income side (Gr<}ss national income of $6,940.6 billion for 1994)—Continued
Rental income
of persons
with CCAdj—
Continued
Nonfarm nonresidential properties
($14.5)

Royalties
($7.9)
CCAdj
(-$47.6)

Years through 1983—Rents paid and received by Judgmental trend.
business and government, adjusted for expenses associated with property (mainly depreciation, taxes, interest, and repairs) from Internal Revenue Service tabulations of business tax
returns, Census Bureau surveys, and the Budget of the United States prepared by the Office of
Management and Budget.
Other years—Judgmental trend.
Same as annual for most reYears except most recent—Internal Revenue
cent year.
Service tabulations of royalties reported on individual income tax returns.
Most recent year—Judgmental trend.
See entry for "CCAdj" under consumption of fixed
capital.

Domestic profits before tax
($461.8)

Years except most recent—Receipts less deductions from Internal Revenue Service tabulations
of business tax returns, adjusted for understatement of income on tax returns and for several
conceptual differences.
Most recent year—Profits from Census Bureau
quarterly survey of corporate profits, regulatory
agency reports, and compilations of publicly
available corporate financial statements.

Rest-of-the-world
profits before tax
($73.4)

Corporate
profits with
IVA and
CCAdj
($570.5)

Estimated as part of the balance of payments accounts: For direct investment income, BEA surveys; for portfolio income, Treasury Department
surveys. Adjusted for NIPA coverage of U.S.
territories and Puerto Rico—see entry for "exports and imports of goods, net," under net exports of goods and services.
The IVA on the income side (for corporations and
for nonfarm sole proprietorships and partnerships) and the IVA on the product side (described under the entry for change in business
inventories) differ because the source data reflect different proportions of accounting methods
(last-in, first-out (LIFO), etc.) underlying reported inventories. The income-side IVA is
based on the product-side IVA, adjusted by the
relationship between non-LIFO inventories from
Internal Revenue Sen/ice tabulations of business tax returns and non-LIFO inventories from
the Census Bureau.
See entry for "CCAdj" under consumption of fixed
capital.

IVA

(-$16.1)

CCAdj
($51.4)
See footnotes at end of table.




For some industries in transportation and some in finance, etc., judgmental
trend; for others, same as
annual for most recent year.
(Released at time of preliminary estimate of GDP for the
first, second, and third quarters and of final estimate for
the fourth quarter.)
Same as annual. (Released on
same schedule as domestic
profits before tax.)

Same as annual.

Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP—Continued
Component
(billions of dollars)

Subcomponent
(billions of dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other years
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data and methods
used to prepare an
extrapolator

Income side (Gri3ss national income of $6,940.6 billion for 1994)—Co ntinued
Net interest
($412.3)

Domestic monetary,
net
($95.3)

Rest-of-the-world
monetary, net
(-$49.4)

Imputed—banks,
credit agencies,
and investment
companies
($159.8)

Imputed—life insurance carriers and
private noninsured
pension plans
($206.6)
Business
transfer
payments
($30.5)

See footnotes at end of table.




Years except most recent—For farm interest paid,
Department of Agriculture surveys; for residential mortgage interest paid, Census Bureau decennial residential finance survey and mortgage
debt from the Federal Reserve Board times a
BEA interest rate; for most other interest paid
and received by business, Internal Revenue
Sen/ice tabulations of business tax returns, adjusted for misreporting on tax returns and for
several conceptual differences.
Most recent year—For farm and mortgage interest
paid, same as other years; for other interest, interest receipts and payments from regulatory
agencies (such as the Federal Deposit Insurance Corporation), from trade sources, or obtained by applying BEA interest rates to interest-bearing assets/liabilities from Federal Reserve Board flow-of-funds accounts.
Estimated as part of the balance of payments accounts: For direct investment income, BEA surveys; for portfolio income, Treasury Department
surveys. Adjusted for NIPA coverage of U.S.
territories and Puerto Rico—see entry for "exports and imports of goods, net," under net exports of goods and services.
Property income earned on investment of deposits
and monetary interest paid to depositors (and
for mutual depositories, profits from Internal
Revenue Service tabulations of business tax returns) from annual reports of regulatory agencies and the Federal Reserve Board. Imputed
interest (financial services furnished without
payment) is allocated to persons, government,
and the rest of the world on the basis of deposit
liabilities from the same sources.
Property income earned (and for life insurance
carriers, profits) from Internal Revenue Service
tabulations of business tax returns, trade
sources, and the Federal Reserve Board.
Payments to persons: For charitable contributions,
for years except most recent, Internal Revenue
Service tabulations of business tax returns or,
for most recent year, judgmental trend; for other
components (such as liability payments for personal injury), for years except most recent, information from government agency reports and
trade sources or, for most recent year,
judgmental trend. Payments to the rest of the
world: Estimated as part of the balance of payments accounts.

Derived by combining estimates of (1) interest received by persons, (2) government interest paid and
received, and (3) interest
paid by persons. For (1),
judgmental trend; for (2),
Monthly Treasury Statement
for Federal and judgmental
trend for State and local; for
(3), consumer debt from the
Federal Reserve Board
times BEA estimates of interest rates. (Released on
same schedule as domestic
profits before tax.)

Same as annual. (Released on
same schedule as domestic
profits before tax.)

Judgmental trend.

Judgmental trend. (Released
on same schedule as domestic profits before tax.)

Judgmental trend.

Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP—Continued
Component
(billions of dollars)

Subcomponent
(billions of dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other years
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data and methods
used to prepare an
extrapolator

Income side (Gr<3ss national income of $6,940.6 billion for 1994)—Co ntinued
For excise taxes, collections from the Bureau of
Alcohol, Tobacco, and Firearms and the Internal
Revenue Service; for customs duties, receipts
from Monthly Treasury Statement, and for
nontaxes (such as fines), receipts from the
Budget of the United States prepared by the Office of Management and Budget.

For customs duties, Monthly
Treasury Statement, for
most excise taxes, derived
from indicators of activity
(such as gasoline production
for gasoline tax); for others
in this group, judgmental
trend.

Receipts from Census Bureau quinquennial censuses and annual and quarterly surveys, adjusted to a calendar year basis from a fiscal
year basis.

Judgmental trend.

Federal Government
($35.9)

For subsidies, payments by the Commodity Credit
Corporation from agency reports and, for most
other agencies, outlays from Monthly Treasury
Statement, for current surplus, mainly reports of
various agencies, such as the Postal Service,
and consumption of fixed capital estimates derived with perpetual-inventory calculations at
current cost, based on gross investment and on
investment prices.

For subsidies, Commodity
Credit Corporation reports
and judgmental trend; for
current surplus, judgmental
trend and consumption of
fixed capital estimates derived with perpetual-inventory calculations at current
cost, based on gross investment and on investment
prices.

State and local governments
(-$9.3)

Subsidies less
current
surplus of
government
enterprises
($26.6)

Federal Government
($98.7)

State and local governments
($469.8)

Indirect
business tax
and nontax
liability
($568.5)

For subsidies, limited to railroad, Census Bureau
annual surveys of expenditures, adjusted to a
calendar year basis from a fiscal year basis. For
current surplus: For current operating receipts,
mainly revenue data from Census Bureau annual surveys of State and local governments,
adjusted to a calendar year basis from a fiscal
year basis; for current operating expenditures,
see entries (1) for "State and local investment
in equipment and consumption expenditures,
except compensation, consumption of fixed capital, brokerage charges, and financial services
furnished without payment" and (2) for "State
and local consumption of general government
fixed capital" under Government consumption
expenditures and gross investment.

Judgmental trend.

See footnotes at end of table.




Table 1.—Principal Source Data and Estimating Methods Used in Preparing Estimates of Current-Dollar
GDP—Continued
Component
(billions of dollars)

Subcomponent
(billions of dollars)

Annual estimates: Source data and methods used
to determine level for benchmark and other years
or used to prepare an extrapolator or interpolator

Advance quarterly estimates:
Source data and methods
used to prepare an
extrapolator

Income side (GrcD S national income of $6,940.6 billion for 1994)—Co
S
ntinued
Consumption of
fixed capital

Government:

($138.8)

($777.5)
General government
($118.2)

Government enterprise
($20.6)
Private:

($638.6)
Capital consumption
allowances

($647.3)

Less: CCAdj

($8.7)

Perpetual-inventory calculations at current cost,
based on gross investment and on investment
prices.
Perpetual-inventory calculations at current cost,
based on gross investment and on investment
prices.
Perpetual-inventory calculations at current cost,
based on gross investment and on investment
prices.
Years except most recent—For depreciation of
corporations and of nonfarm sole proprietorships and partnerships, Internal Revenue Service tabulations of business tax returns, adjusted
for several conceptual differences; for other depreciation (including noncorporate farms, nonprofit institutions, and owner-occupied houses),
perpetual-inventory calculations; for accidental
damage to fixed capital, losses reported to insurance companies and government agencies.
Most recent year—For depreciation of corporations and nonfarm sole proprietorships and partnerships, BEA estimates of tax-return-based depreciation; for other depreciation and accidental
damage to fixed capital, same as other years.
For corporations and nonfarm sole proprietorships
and partnerships, the difference between tax-return-based calculations and perpetual-inventory
calculations; for other (including noncorporate
farms, nonprofit institutions, and owner-occupied houses), the difference between perpetualinventory calculations at historical cost and current cost.

1. Includes $9.3 billion for food produced and consumed on farms, standard
clothing issued to military personnel, and used trucks.
2. The retail-control method cited under "personal consumption expenditures
(PCE) for most goods" is based on retail trade sales data that include sales of
gasoline service stations. Estimates of PCE for gasoline and oil are derived separately and are deducted from the retail-control totals (that include goods sold
by gasoline service stations) to derive the estimates for "PCE for most goods."
3. Also referred to as "services furnished without payment by financial
intermediaries, except life insurance carriers and private noninsured pension
plans."
4. Includes $0.3 billion for brokers' commissions on sale of structures and net




Same as annual.

Same as annual.

Same as annual.

Judgmental trend.

Judgmental trend.

purchases of used structures.
5. Includes -$0.7 billion for other structures (dormitories, fraternity and sorority
houses, nurses' homes, etc.) and net purchases of used structures.
6. Includes - $ 2 . 5 billion for wage and salary accruals: Rest of the world, net,
and $ 5 . 3 billion for other labor income: Supplemental unemployment, directors'
fees, and judicial fees.
CCAdj Capital consumption adjustment
IVA Inventory valuation adjustment
NIPA National income and product account
Source: 1 9 9 4 estimates—SURVEY OF CURRENT BUSINESS, August 1 9 9 7 .

Table 2.—Methodology Used in Preparing Estimates of Real GDP
Deflation, using price based on—

Component

Personal
consumption
expenditures




Subcomponent

Components
of the
Consumer
Price Index
(CPI) or the
Producer
Price Index
(PPI)

Other

Using quantity for—

Extrapolation

Direct valuation

Durable and nondurable goods:
Most goods (except
subcomponents listed separately).
New autos
Net purchases of used
autos.

New trucks
Gasoline and oil
Food furnished to employees (including
military).
Expenditures abroad
by U.S. residents
less personal remittances in kind to
nonresidents.
Services:
Nonfarm dwellings—
space rent for
owner-occupied and
rent for tenant-occupied.
Rental value of farm
dwellings.

Except as
noted, CPI;
military
clothing,
PPI.
CPI

Computers, BEA price
index, Bureau of
Labor Statistics import price indexes,
and PPI.
Used autos, in
two parts: (1)
Margin, unit
sales from
trade sources
with dealer
margins from
Census Bureau
and trade
sources; (2)
net transactions, net
change in unit
stock of autos
held by consumers by year
of original sale,
valued by depreciated original value in
base-year dollars.

CPI
CPI
CPI
Foreign consumer
price indexes (exchange-rate adjusted).

CPI

Net value of farm
housing stock from
BEA capital stock
series.

Table 2.—Methodology Used in Preparing Estimates of Real GDP—Continued
Deflation, using price based on—

Subcomponent

Component

Personal
consumption
expenditures
—Continued

Components
of the
Consumer
Price Index
(CPI) or the
Producer
Price Index
(PPI)

Other

Using quantity for—

- Extrapolation

Services—Continued:

Motor vehicle and
other repair, other
purchased intercity
transportation, legal
and funeral services, barbershops
and beauty parlors,
nursing homes,
laundries, employment agency fees,
accounting and tax
return preparation
services, recreation
(except cable TV,
casino gambling,
parimutuel net receipts, and lotteries), hotels and motels, and other education and research.
Physicians, dentists,
and other professional medical services.
Private nursery, elementary, and secondary schools, day
care, welfare activities, and trade
unions and professional associations.
Public education and
hospitals, water and
other sanitary services, and lotteries.
Financial services furnished without payment by banks,
credit agencies, and
investment companies. 1
See footnotes at end of table.




Except as
noted, CPI;
private forprofit nursing homes,
PPI

Private nonprofit nursing homes, composite index of input
prices from the
Health Care Financing Administration;
clubs and fraternal
organizations, and
other education and
research, BEA composite index of input
prices.

Except as
noted, CPI;
physicians,
PPI.
BEA composite indexes of input
prices.

Except as
noted, CPI;
public hospitals, PPI.
Paid employee hours
of relevant financial institutions.

Direct valuation

Table 2.—Methodology Used in Preparing Estimates of Real GDP—Continued
Deflation, using price based on—

Component

Personal
consumption
expenditures
—Continued

Subcomponent

Components
of the
Consumer
Price Index
(CPI) or the
Producer
Price Index
(PPI)

Extrapolation

Services—Continued:

Brokerage charges
and investment
counseling, bank
service charges,
intercity transportation except other,
and private higher
education.

Except as
noted, CPI.

Domestic services
Insurance, private
hospitals, religious
activities, cable TV,
utilities, and local
transport.

CPI
Except as
noted, CPI;
private forprofit hospitals, PPI.

Foreign travel by U.S.
residents less expenditures in the
United States by
nonresidents.

Expenditures
in the United States,
CPI.

Other services: Casino
gambling, and parimutuel net receipts;
other housing except hotels and motels; bridge, etc.,
tolls; other household operation except repairs and insurance; travel and
entertainment card
fees; stenographic
and reproduction
services; and
money orders and
classified advertising.

Except as
noted, CPI.

See footnotes at end of table.




Other

Using quantity for—

Airline transportation,
BEA index based on
revenue per passenger mile from the
Department of
Transportation and
trade source, and
CPI for airline fares;
private higher education, BEA composite index of input
prices

Stock brokerage
charges, BEA orders, derived from
volume data from
the Securities and
Exchange Commission and trade
sources.

Life insurance and religious activities, BEA
composite indexes of
input prices; private
nonprofit hospitals,
composite index of
input prices from the
Health Care Financing Administration.
Foreign travel, BEA
composite index of
foreign consumer
price indexes (exchange-rate adjusted).

Auto insurance, premiums deflated by
CPI; health insurance, benefits deflated by CPI.

Parimutuel net receipts, gross
winnings deflated
by CPI.

Direct valuation

Table 2.—Methodology Used in Preparing Estimates of Real GDP—Continued
Deflation, using price based on—

Component

Fixed
investment

Subcomponent

Nonresidential structures:
Utilities

Mining exploration,
shafts, and wells.

Components
of the
Consumer
Price Index
(CPI) or the
Producer
Price Index
(PPI)

Gas and petroleum
pipelines,
PPI.

Casing, PPI

Nonfarm buildings and
structures.

Farm buildings
Fixed
investmentContinued

Nonresidential producers' durable
equipment:
Equipment, except
autos, telephone
and telegraph installation, and telephone switching
equipment.

See footnotes at end of table.




Domestic
components, except as
noted, PPI;
imported
transportation
equipment,
PPI.

Other

Telecommunications,
cost index from trade
source; railroads,
BEA price index;
other, cost indexes
from government
agencies and trade
sources.
Exploration, cost index
from trade source;
mines, implicit price
deflator for nonfarm
nonresidential buildings
Buildings, BEA index
based on cost index
from trade source
and on Census Bureau price deflator
for single-family
houses under construction; structures,
cost indexes from
government agencies.
Implicit price deflator
for nonfarm nonresidential buildings.

Imported components,
except computers
and transportation
equipment, Bureau
of Labor Statistics
import price indexes;
domestic and imported computers,
BEA price index, Bureau of Labor Statistics import price indexes, and PPI.

Using quantity for—

Extrapolation

Drilling, footage by
geographic area
from trade source.

Direct valuation

Table 2.—Methodology Used in Preparing Estimates of Real GDP—Continued
Deflation, using price based on—

Component

Fixed
investmentContinued

Subcomponent

Nonresidential producers' durable
equipment—Continued:
New and used autos

Components
of the
Consumer
Price Index
(CPI) or the
Producer
Price Index
(PPI)

New autos,
CPI.

BEA price index.

Residential investment:
Permanent-site new
single-family housing units.

See footnotes at end of table.




Census Bureau price
deflator for singlefamily houses under
construction.
BEA price index.
PPI
Major replacements, CPI

Extrapolation

Direct valuation

Used autos, in
two parts: (1)
Margin, unit
sales from
trade sources
with dealer
margins from
Census Bureau
and trade
sources; (2)
net transactions, net
change in unit
stock of autos
held by business by year of
original sale,
valued by depreciated original value in
base-year dollars.
BEA cost index.

Telephone and telegraph installation.
Telephone switching
equipment.

Permanent-site new
multifamily housing
units.
Mobile homes
Improvements

Other

Using quantity for-

Additions and alterations, BEA index
based on Census
Bureau price deflator
for single-family
houses under construction and CPI
component.

Table 2.—Methodology Used in Preparing Estimates of Real GDP—Continued
Deflation, using price based on—

Component

Fixed
investmentContinued

Subcomponent

Components
of the
Consumer
Price Index
(CPI) or the
Producer
Price Index
(PPI)

Other

Direct valuation

Numbers of new and
used houses sold
from Census Bureau and trade
sources.

Producers' durable
equipment.

CPI

Nonfarm: Purchased
goods, all industries.

Except as
noted, PPI.

Nonfarm: Work-inprocess and finished goods, manufacturing.

Except as
noted, PPI;
some overhead cost
items, CPI.

Farm

Net exports of
goods and
services.2

Extrapolation

Residential investment—Continued:
Brokers' commissions

Change in
business
inventories

Using quantity for—

Exports and imports of
goods.2




Crude petroleum, index
from the Energy Information Administration; computers, BEA
price index, Bureau
of Labor Statistics
import price indexes,
and PPI; imported
goods purchased by
trade industries, Bureau of Labor Statistics import price indexes.
BEA indexes of unit
labor cost.

Department of Agriculture average market pricesGold; transportation
equipment;
selected
agricultural
foods,
feeds, and
beverages;
and selected imports of refined petroleum, PPI.

Bureau of Labor Statistics export and import price indexes;
electric energy exports and imports,
and petroleum imports, unit-value indexes based on
Census Bureau values and quantities;
computer and semiconductor exports,
BEA price indexes
and PPI; computer
and semiconductor
imports, BEA price
indexes and Bureau
of Labor Statistics
import price indexes.

Quantities and
prices of stocks
of coal, petroleum, and natural gas for
utilities from
the Energy Information Administration.

Table 2.—Methodology Used in Preparing Estimates of Real GDP—Continued
Deflation, using price based on—

Component

Subcomponent

Net exports of
goods and
services—
Continued

Exports and imports of
services.'

Government
consumption
expenditures
and gross
investment

Components
of the
Consumer
Price Index
(CPI) or the
Producer
Price Index
(PPI)
Travel receipts,
medical receipts, and
students'
expenditures, CPI;
freight and
port expenditures
and telecommunications,
PPI.

Using quantity for—

Other

Extrapolation

Military transfers and
direct defense expenditures abroad,
selected deflators for
Federal national defense, except consumption of fixed
capital (see below);
passenger fares, Bureau of Labor Statistics export and import price indexes;
travel payments and
U.S. Government
payments for miscellaneous services,
BEA composite
index of foreign
consumer price indexes (exchangerate adjusted); royalties and fees, and
other private services, implicit price
deflator for final
sales to domestic
purchasers.

Exports of financial
services furnished
without payment,1
paid employee
hours of relevant
financial institutions.

Federal national defense consumption
of general government fixed capital.




Federal national defense, except consumption of general
government fixed
capital.

Selected
Some goods, some
goods, PPI;
services, and most
utilities and
military structures,
commuBEA indexes based
nications,
on Department of
CPI and
Defense prices paid;
PPI.
some services, Bureau of Labor Statistics monthly earnings; computers,
BEA price index, Bureau of Labor Statistics import price indexes, and PPI; nonmilitary structures,
cost indexes from
trade sources and
government agencies.

Military compensation, full-time
equivalent employment by rank and
length of service;
civilian compensation, full-time
equivalent employment by grade, adjusted for change
from base year in
hours worked.

Direct valuation

Perpetual-inventory calculations, based on
gross investment.
Many goods,
some services,
and a few military structures,
quantities and
prices from Department of
Defense reports; electricity
and natural gas
quantities from
the Department
of Energy.

Table 2.—Methodology Used in Preparing Estimates of Real GDP—Continued
Deflation, using price based on—

Component

Government
consumption
expenditures
and gross
investmentContinued

Subcomponent

Components
of the
Consumer
Price Index
(CPI) or the
Producer
Price Index
(PPI)

Other

Using quantity for—

Extrapolation

Perpetual-inventory calculations, based on
gross investment.

Federal nondefense
consumption of general government
fixed capital.

Federal nondefense,
except consumption
of general government fixed capital.

Most goods,
PPI; rent,
utilities,
and communications, CPI.

Structures, cost indexes from trade
sources and government agencies; computers, BEA price
index, Bureau of
Labor Statistics import price indexes,
and PPI; most services, Bureau of
Labor Statistics
monthly earnings.

State and local brokerage charges and financial services furnished without payment.
See footnotes at end of table.




Compensation, fulltime equivalent
employment by
grade, adjusted for
change from base
year in hours
worked; financial
services furnished
without payment,1
paid employee
hours of relevant
financial institutions.

Employees in education, full-time
equivalent employment by education
and experience,
adjusted for
change from base
year in hours
worked; other employees, full-time
equivalent employment, adjusted for
change from base
year in hours
worked.

State and local compensation of general
government employees.

State and local structures..

Direct valuation

Cost indexes from
trade sources and
government agencies.
See entries under personal consumption
expenditures for
services.

Net purchases of
agricultural
commodities by
the Commodity
Credit Corporation, quantities
by crop from
agency reports
with Department of Agriculture prices;
selected petroleum transactions, quantities and
prices from the
Department of
Energy.

Table 2.—Methodology Used in Preparing Estimates of Real GDP—Continued
Deflation, using price based on—

Component

Government
consumption
expenditures
and gross
investment—
Continued

Subcomponent

Components
of the
Consumer
Price Index
(CPI) or the
Producer
Price Index
(PPI)

Other

State and local consumption of general
government fixed
capital.
State and local investment in equipment
and consumption
expenditures, except compensation,
consumption of
fixed capital, brokerage charges, and financial services furnished without payment.

Extrapolation

Direct valuation

Perpetual-inventory calculations, based on
gross investment.
Services, except as
noted, and
goods used
in maintenance and
repair, CPI;
goods, except as
noted, and
electricity,
PPI.

Transportation, books,
and postal services,
BEA indexes based
on Department of
Defense prices paid;
computers, BEA
price index, Bureau
of Labor Statistics
import price indexes,
and PPI.

1. Also referred to as "services furnished without payment by financial
intermediaries, except life insurance carriers and private noninsured pension
plans."
2. Estimates of real exports and imports of goods and services are prepared
separately. Real receipts and payments of factor income from the rest of the




Using quantity for—

world—the difference between GDP and GNP—are prepared by deflation using
the implicit price deflator for final sales to domestic purchasers except for im*
puted interest paid to nonresidents, which is prepared by extrapolation using
paid employee hours of relevant institutions,

1. National Product and Income
Table 1.1 .—Gross Domestic Product: Annual, 1929-94, and Quarterly, 1946-44
(Billions of dollars; quarters seasonally adjusted at annual rates]
Line
Grass domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1945

65.9

73.1

83.6

91.8

85.9

91.9

101.2

126.7

161.6

198.3

219.7

223.2

1

103.8

91.1

76.4

58.6

56.2

2

77.5

70.2

60.7

43.7

45.9

51.4

55.9

62.2

66.8

64.2

67.2

71.2

81.0

88.9

99.7

108.5

119.9

3
4
5

9.2
37.7
30.5

7.2
34.0
29.0

5.5
29.0
26.2

3.6
22.7
22.3

3.5
22.3
20.2

4.2
26.7
20.5

5.1
29.3
21.5

6.3
32.9
23.0

6.9
35.2
24.7

5.7
34.0
24.6

6.7
35.1
25.4

7.8
37.0
26.4

9.7
42.9
28.5

6.9
50.8
31.3

6.5
58.6
34.6

6.7
64.3
37.4

8.0
71.9
40.0

6

16.7

10.6

6.9

1.1

1.7

3.7

6.7

8.7

12.2

7.1

9.3

13.6

18-2

10.5

6.1

TJl

10.9

Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential..
Change in business inventories

7
8
9
10
11
12

14.9
11.0
5.5
5.5
4.0
1.7

11.0

7.0
5.3
2.6
2.6
1.8
-1.1

3.6
2.9
1.4
1.5
.6
-2.5

3.1
2.5
1.1
1.4
.6
-1.5

4.3
3.3
1.2
2.1
.9
-.6

5.6
4.3
1.4
2.8
1.3
1.1

7.5
5.8
1.9
3.9
1.7

9.5
7.5
2.7
4.8
2.1
2.7

7.7
5.5
2.1
3.4
2.1
-.6

9.1
6.1
2.2
3.9
3.0
.2

11.2
7.7
2.6
5.2
3.5
2.4

13.8
9.7
3.3
6.4
4.1
4.4

8i
6.3
2.2
4.1
2.2
1.9

6.9
5.4
1.8
3.7
1.4
-.8

8.7
7.4
2.4
5.0
1.4
-.9

12.3
10.6
3.3
7.3
1.7
-1.4

Net exports of goods and services

13

A

2

0

0

.1

a

-5

-1

0

.9

»

\A

1.0

-3

-2.4

-4.2

-3

14
15
16
17
18
19

5.9
5.3
.6
5.6
4.5
1.1

4.4
3.9
.5
4.1
3.1
1.0

2.9
2.5
.4
2.9
2.1
.8

2.0
1.7
.3
1.9
1.3
.6

2.0
1.7
.3
1.9
1.5
.4

2.6
2.2
.3
2.2
1.8
.5

2.8
2.4
.4
3.0
2.5
.5

3.0
2.6
.4
3.2
2.5
.6

4.0
3.5
.6
4.0
3.2
.8

3.8
3.2
.5
2.8
2.2
.7

3.9
3.3
.6
3.1
2.4
.7

4.8
4.1
.7
3.4
2.7
.7

5.4
4.5
.9
4.4
3.4
1.0

4.3
3.4
.9
4.6
2.7
1.9

3.9
2.9
1.0
6.3
3.4
2.8

4.8
3.6
1.2
6.9
3.8
3.1

6.7
5.4
1.3
7.5
3.9
3.7

20

9.3

9.9

9.8

8.7

8.6

10.4

10.6

13.0

12.7

13.7

14.6

15.0

26.5

62.7

94.9

105.6

93.3

1.8
.9
.9
6.9

2.2
.9
1.4
6.4

3.2
.8
2.4
7.2

3.3
1.0
2.3
7.5

5.5
1.2
4.2
7.5

5.0
1.3
3.7
7.7

5.6
1.4
4.2
8.1

5.9
1.5
4.4
8.8

6.4
2.5
3.9
8.5

17.9
14.3
3.6
8.5

54.1
51.2
2.9
8.5

86.6
84.3
2.3
8.3

97.2
94.8
2.4
8.3

84.4
82.3
2.1
8.9

Gross privtfs domestic Investment

Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross
Investment.
Federal
National defense
Nondefense
State and local

21
22
23
24
Line

Grass domestic product
Personel consumption expenditures

Services

1.7
.9
.8
7.6
1946

44

1.8
.9
.8
8.1
1947

1.8
.9
.9
8.0
1948

1949

1950

1951

1952

12

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

1

222.6

244.6

269.7

267.8

294.6

339.7

3584

379.7

381.3

415.1

438.0

461.0

467.3

507.2

526.6

544.8

2

144.3

162.3

175.4

178.9

192.7

208.7

219.7

233.5

240.7

259.1

271.9

288.7

296.3

318.1

332.2

342.6

363.4

3
4
5

15.8
62.7
45.8

20.4
90.9
51.0

22.9
96.6
56.0

25.0
94.9
59.0

30.8
98.2
63.7

29.9
109.2
69.7

29.3
114.7
75.7

32.7
117.8
83.0

32.1
119.7
89.0

38.9
124.7
95.5

38.2
130.8
103.0

39.7
137.1
109.9

37.2
141.7
117.4

42.7
148.5
127.0

43.3
152.9
136.0

41.8
156.6
144.3

46.9
162.8
153.7

585.2

Grass private domestic Investment

6

313

35.0

48.1

36.7

54.2

60.3

54.0

56.3

53.8

m

72.2

70.6

64.5

78.8

78.8

77.9

87.9

Residential
Change in business inventories

7
8
9
10
11
12

25.1
17.3
7.4
9.9
7.8
6.2

35.5
23.5
8.1
15.3
12.1
-.5

42.4
26.8
9.5
17.3
15.6
5.6

39.6
24.9
9.2
15.7
14.6

50.3
31.8
12.0
19.9
18.4
10.1

50.5
31.9
12.2
19.7
18.6
3.5

54.5
35.1
13.6
21.5
19.4
1.8

55.8
34.7
13.9
20.8
21.1
-1.9

64.0
39.0
15.2
23.9
25.0
4.9

68.1
44.5
18.2
26.3
23.6
4.1

69.7
47.5
19.0
28.6
22.2
.9

64.9
42.5
17.6
24.9
22.3
-.4

74.6
46.5
18.1
28.3
28.1
4.2

75.5
49.2
19.6
29.7
26.3
3.2

75.0
48.6
19.7
28.9
26.4
2.9

81.8
52.8
20.8
32.1
29.0
6.1

Net exports ol goods and services

13

7.1

10.8

5A

-38
5.2

48.3
27.8
10.0
17.8
20.5
5.9
.7

2.4

1.0

-.8

3

.4

23

4.0

.4

-1.7

2.4

3.4

2A

14
15
16
17
18
19

14.1
11.8
2.3
7.0
5.1
1.9

18.7
16.1
2.6
7.9
6.0
2.0

15.5
13.3
2.2
10.1
7.6
2.5

14.4
12.2
2.2
9.2
6.9
2.4

12.3
10.2
2.1
11.6
9.1
2.5

17.0
14.2
2.8
14.6
11.2
3.4

16.3
13.4
2.9
15.3
10.8
4.5

15.2
12.4
2.8
16.0
11.0
5.0

15.7
12.9
2.8
15.4
10.4
5.1

17.6
14.4
3.2
17 2
11.5
5.7

21.2
17.6
3.6
18.9
12.8
6.1

23.9
19.6
4.3
19.9
13.3
6.7

20.4
16.4
4.0
20.0
13.0
7.1

20.6
16.5
4.2
22.3
15.3
7.0

25.3
20.5
4.8
22.8
15.2
7.6

26.0
20.9
5.1
22.7
15.1
7.6

27.4
21.7
5.7
25.0
16.9
8.1

20

39.9

36.5

40.8

47.0

47.1

68.3

83.8

90.7

86.4

86.7

91.6

99.8

106.1

112/1

113.2

120.9

131.4

45.3
39.5
5.8
23.0

59.4
52.5
6.9
24.5

64.5
56.1
8.5
26.2

57.4
49.3
8.1
29.0

54.9
47.0
7.9
31.7

56.7
49.3
7.5
34.8

61.3
53.6
7.7
38.5

63.8
55.3
8.5
42.3

67.2
55.7
11.5
44.8

65.6
54.9
10.8
47.6

69.1
57.7
11.4
51.8

76.5
62.3
14.2
55.0

Services
Government consumption expenditures and gross
Investment.

State and local

21
22
W
24
Line

29.2
25.6
3.7
10.7
1963

22.8
18.4
4.4
13.7
1964

24.5
18.7
5.9
16.3
1965

28.0
20.2
7.8
19.0
1966

26.3
19.9
6.5
20.7
1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1,496.9

1,630.6

1,819.0

2,026.9

2,291.4

1979
2,557.5

1

617.4

663.0

719.1

787.8

633.6

910.6

982.2

1,035.6

1,125.4

1,237.3

1,382.6

2

383.0

411.4

444.3

481.9

509.5

559.8

604.7

648.1

702.5

770.7

851.6

931.2

1,029.1

1,148.8

1,277.1

1,428.8

1,593.5

3
4
5

51.6
168.2
163.2

56.7
178.7
176.1

63.3
191.6
189.4

68.3
?08.8
204.8

70.4
217.1
222.0

80.8
235.7
243.4

85.9
253.2
265.5

85.0
272.0
291.1

96.9
285.5
320.1

110.4
308.0
352.3

123.5
343.1
384.9

122.3
364.5
424.4

133.5
420.6
475.0

158.9
458.2
531.8

181.1
496.9
599.0

201.4
549.9
677.4

213.9
624.0
755.6

Gross private domestic Investment

6

93.4

101.7

118.0

130.4

128.0

1393

155.0

150.2

178.0

205.6

242.9

245.6

225.4

286.6

356.6

430.8

480.9

Change in business inventories

7
8
9
10
11
12

87.7
55.6
21.2
34.4
32.1
5.7

96.7
62.4
23.7
38.7
34.3
5.0

108.3
74.1
28.3
45.8
34.2
9.7

116.7
84.4
31.3
53.0
32.3
13.8

117.6
85.2
315
53.7
32.4
10.5

130.8
92.1
33.6
58.5
38.7
9.1

145.5
102.9
37.7
65.2
42.6
9.5

148.1
106.7
40.3
66.4
41.4
2.2

167.5
111.7
42.7
69.1
55.8
8.5

195.7
126.1
47.2
78.9
69.7
9.9

225.4
150.0
55.0
95.1
75.3
17.5

231.5
165.6
61.2
104.3
66.0
14.1

231.7
169.0
61.4
107.6
62.7
-6.3

269.6
187.2
65.9
121.2
82.5
16.9

333.5
223.2
74.6
148.7
110.3
23.1

403.6
272.0
91.4
180.6
131.6
27.2

464.0
323.0
114.9
208.1
141.0
16.9

Net exports of goods and services

13

33

Si

3:9

1.9

\A

-13

-1.2

1.2

—J
3Q

-8.0

J6

-3.1

13.6

- 23

-23.7

-26.1

-24.0

14
15
16
17
18
19

29.4
23.3
6.1
26.1
17.7
8.4

33.6
26.7
6.9
28.1
19.4
8.7

35.4
27.8
7.6
31.5
22.2
9.3

38.9
30.7
8.2
37.1
26.3
10.7

41.4
32.2
9.2
39.9
27.8
12.2

45.3
35.3
10.0
46.6
33.9
12.6

49.3
38.3
11.0
50.5
36.8
13.7

57.0
44.5
12.4
55.8
40.9
14.9

59.3
45.6
13.8
62.3
46.6
15.8

66.2
51.8
14.4
74.2
56.9
17.3

91.8
73.9
17.8
91.2
71.8
19.3

124.3
101.0
23.3
127.5
104.5
22.9

136.3
109.6
26.7
122.7
99.0
23.7

148.9
117.8
31.1
151.1
124.6
26.5

158.8
123.7
35.1
182.4
152.6
29.8

186.1
145.4
40.7
212.3
177.4
34.8

228.7
184.0
44.7
252.7
212.8
39.9

20

137.7

144.4

153.0

173.6

194.6

212.1

223.8

236.1

249.9

268J

287.6

323.2

362.6

365.9

416.9

457.9

507.1

21
22
23
24

78.1
62 2
15.9
59.6

79.4
61.3
18.1
65.0

81.8
62.0
19.7
71.2

94.1
73.4
20.7
79.5

106.6
85.5
21.0
88.1

113.8
92.0
21.8
98.3

115.8
92.4
23.4
108.0

115.9
90.6
25.3
120.2

117.1
88.7
28.3
132.8

125.1
93.2
31.9
143.8

128.2
94.7
33.5
159.4

139.9
101.9
38.0
183.3

154.5
110.9
43.6
208.1

162.7
116.1
46.6
223.1

178.4
125.8
52.6
238.5

194.4
135.6
58.9
263.4

215.0
151.2
63.8
292.0

Gross domestic product
Personal consumption expenditures

Services

Services
Government consumption expenditures and gross
Investment.

State and local




Table 1.1.—Gross Domestic Product: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services ....
Gross private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and grass
Investment.
Federal
National defense
NorxJefense
State and local

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1

2,784.2

3,115.9

3,242.1

3,514.5

3,902.4

4,180.7

4,692.3

5,049.6

5,438.7

5,743.8

5,916.7

6,244.4

6,556.1

6,947.0

2

1,760.4

1,941.3

2,076.8

2,283.4

2,492.3

2,704.8

4,422.2
2,892.7

3,094.5

3,349.7

3,594.8

3,839.3

3,975.1

4,219.8

4,459.2

4,717.0

3
4
5

213.5
695.5
851.4

230.5
758.2
952.6

239.3
786.8
1,050.7

279.8
830.3
1,173.3

325.1
863.6
1,283.6

361.1
927.6
1,416.1

398.7
957.2
1,536.8

416.7
1,014.0
1,663.8

451.0
1,081.1
1,817.6

472.8
1,163.8
1,958.1

476.5
1,245.3
2,117.5

455.2
1,277.6
2,242.3

488.5
1,321.8
2,409.4

530.2
1,370.7
2,558.4

579.5
1,428.4
2,709.1

6

465.9

556.2

501.1

547.1

715.6

715.1

722.5

747.2

773.9

829.2

799.7

736.2

790.4

876.2

1,007.9

7
8
9
10
11
12

473.5
350.3
133.9
216.4
123.2
-7.6

528.1
405.4
164.6
240.9
122.6
28.2

515.6
409.9
175.0
234.9
105.7
-14.5

552.0
399.4
152.7
246.7
152.5
-4.9

648.1
466.3
176.0
292.3
179.8
67.5

688.9
502.0
193.3
308.7
186.9
26.2

712.9
494.8
175.8
319.0
218.1
9.6

722.9
495.4
172.1
323.3
227.6
24.2

763.1
530.6
181.3
349.3
232.5
10.9

797.5
566.2
192.3
373.9
231.3
31.7

791.6
575.9
200.8
375.1
215.7
8.0

738.5
547.3
181.7
365.6
191.2
-2.3

763.4
557.9
169.2
388.7
225.6
7.0

855.7
604.1
176.4
427.7
251.6
20.5

946.6
660.6
184.5
476.1
286.0
61.2

13

-14.9

-15J0

-20.5

-61.7

-102.0

-114.2

-1315

-142.1

-106.1

-80.4

-71.3

-20.5

-29.5

-60.7

-90.9

14
15
16
17
18
19

278.9
225.8
53.2
293.8
248.6
45.3

302.8
239.1
63.7
317.8
267.8
49.9

282.6
215.0
67.6
303.2
250.5
52.6

277.0
207.3
69.7
328.6
272.7
56.0

303.1
225.6
77.5
405.1
336.3
68.8

303.0
222.2
80.8
417.2
343.3
73.9

320.7
226.0
94.7
452.2
370.0
82.2

365.7
257.5
108.2
507.9
414.8
93.1

447.2
325.8
121.4
553.2
452.1
101.1

509.3
371.7
137.6
589.7
484.5
105.3

557.3
398.5
158.8
628.6
508.0
120.6

601.8
426.4
175.4
622.3
500.7
121.6

639.4
448.7
190.7
669.0
544.9
124.1

658.6
459.7
198.9
719.3
592.8
126.5

721.2
509.6
211.6
812.1
676.8
135.3

20

572.8

633.4

684.8

735.7

796.6

875.0

938.5

992.8

1,032J)

1,095.1

1,176.1

1,225J

1,263.8

1,283.4

1,313.0

21
22
23
24

248.4
174.2
74.2
324.4

284.1
202.0
82.2
349.2

313.2
230.9
82.3
371.6

344.5
255.0
89.4
391.2

372.6
282.7
89.9
424.0

410.1
312.4
97.7
464.9

435.2
332.4
102.9
503.3

455.7
350.4
105.3
537.2

457.3
354.0
103.3
574.7

477.2
360.6
116.7
617.9

503.6
373.1
130.4
672.6

522.6
383.5
139.1
703.4

528.0
375.8
152.2
735.8

518.3
360.7
157.7
765.0

510.2
349.2
161.0
802.8

1947

1946

1948

1949

1950

Line
I
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services

II

III

IV

I

II

III

1

IV

II

III

IV

I

II

III

IV

1

II

1

210.4

2185

228.6

2325

237.4

240.9

245.1

255.0

2605

267.9

274.4

2755

2705

266.7

266.1

265.7

276.0

2855

2

134.9

140.1

1485

153.2

156.6

160.5

164.1

168.2

1705

174.7

177.6

1785

177.4

179.0

1785

1805

183.6

1875

3
4
5

12.6
78.9
43.5

14.7
80.6
44.9

17.1
85.1
46.7

18.7
86.3
48.2

19.4
87.7
49.4

20.0
90.1
50.5

20.3
92.1
51.7

22.0
93.6
52.6

22.0
95.1
53.9

22.4
97.0
55.3

23.7
97.0
56.9

23.3
97.3
57.9

22.8
96.3
58.3

24.8
95.3
58.9

25.8
93.5
59.0

26.8
94.3
59.8

27.7
94.8
61.1

28.1
96.3
63.0

6

25.1

32.2

335

34.6

335

32.4

325

412

44.9

48.1

505

49.1

40.9

33.9

372

355

44.4

495

Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories

7
8
9
10
11
12

19.4
13.6
62
7.3
5.9
5.7

23.5
16.1
7.4
8.6
7.4
8.6

27.4
18.7
7.9
10.8
8.7
5.9

302
20.9
7.9
13.0
9.3
4.5

33.2
22.8
7.9
14.9
10.4
.4

33.6
23 2
7.9
152
10.4
-1.2

35.6
23.3
8.3
15.0
12.3
-2.8

39.6
24.5
8.4
16.1
15.1
1.6

41.3
262
8.8
17.3
152
3.5

42.2
26.0
9.3
16.7
16.3
5.8

43.1
27.0
9.9
17.1
16.1
7.2

43.1
28.1
10.1
18.0
15.0
6.0

40.5
26.6
9.7
16.8
14.0
.4

39.2
25.5
9.4
16.1
13.7
-5.3

38.6
24.1
8.9
152
14.5
-1.5

39.9
23.5
8.7
14.9
16.3
-4.9

42.3
24.2
9.1
15.1
18.1
2.1

47.0
26.6
9.5
17.1
20.4
2.9

Net exports of goods and services

13

6.5

75

8.4

65

10.8

11.2

11.7

9.2

72

52

45

4A

6.4

6.2

5.1

2.9

2.1

15

14
15
16
17
18
19

13.0
10.3
2.7
6.6
45
2.0

142
12.1
2.2
7.0
5.0
1.9

15.4
13.1
2.3
7.0
5.4
1.6

13.6
11.5
2.1
7.3
5.3
2.0

18.3
15.7
2.6
75
5.6
1.9

19.4
16.7
2.7
8.2
6.3
1.9

19.4
16.8
2.6
7.7
5.8
1.8

17.6
15.1
25
8.3
62
22

16.9
14.6
2.3
9.6
7.3
2.3

152
13.0
2.2
10.0
7.6
2.4

15.4
13.1
2.2
10.5
7.7
2.7

14.6
12.4
2.2
10.1
7.5
2.6

16.0
13.7
2.3
9.6
72
2.4

15.6
13.2
2.4
9.4
6.9
2.5

14.0
11.9
2.2
8.9
6.6
2.3

12.0
10.1
1.9
9.1
6.9
2.2

11.6
9.6
2.0
9.5
7.2
2.3

11.8
9.8
2.0
10.2
7.8
2.4

20

43.9

39.0

38.1

38.7

365

36.7

365

365

375

395

41.7

435

45.9

475

475

46.9

45.9

46.4

21
22
23
24

34.2
31.1
3.1
9.7

28.8
25.6
32
105

27.1
22.9
4.2
11.0

26.9
22.6
4.3
11.8

23.6
19.6
3.9
12.9

23.4
18.4
5.0
13.3

22.6
17.8
4.8
13.9

21.7
17.9
3.8
14.6

22.7
18.3
4.4
15.1

24.1
18.4
5.7
15.9

24.9
18.5
6.5
16.7

26.4
19.5
6.9
17.4

27.9
20.4
7.5
18.0

28.9
20.7
8.2
18.7

28.0
20.4
7.6
19.4

27.2
19.3
7.9
19.7

25.8
18.4
7.4
20.0

26.0
18.3
7.7
20.4

IV

1

II

III

IV

I

II

III

IV

1

II

III

IV

I

II

Grass private domestic Investment

Exports
Goods ...
Services
Imports
Goods ...
Services
Government consumption expenditures and gross
investment.
Federal
National defense
State and local

1950

1952

1951

1953

1954

Line
III
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services

III

IV

1

3025

314.4

3295

337.1

344.0

348.4

351.7

3525

358.7

371.4

3785

382.1

3615

3765

376.4

376.9

381.7

390.1

2

2012

1985

209.7

2055

2075

2115

2135

217.4

2195

228.0

2315

2335

2345

2342

236.4

239.1

2414

246.0

3
4
5

35.6
100.9
64.7

315
100.9
662

33.8
107.8
68.0

28.9
107.4
69.0

28.3
109.4
702

28.4
112.0
71.4

28.9
111.4
72.9

29.1
113.7
74.6

27.4
115.9
76.5

315
117.9
78.6

33.0
118.1
805

32.9
118.1
82.5

32.7
117.6
842

32.1
117.5
84.7

31.4
118.7
86.3

32.1
118.8
88.2

31.6
119.9
90.0

33.3
121.3
91.4

6

56.2

665

62.1

655

595

545

55.4

49.9

535

575

575

57.9

572

522

51.6

51.2

54.7

575

Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories

7
8
9
10
11
12

52.0
29.6
10.3
19.4
22.3
45

515
30.6
11.0
19.6
21.3
14.5

51.7
30.9
11.5
19.4
20.8
105

50.0
31.8
122
19.7
182
14.9

49.6
32.5
12.3
20.2
17.2
9.9

49.6
32.2
11.9
20.2
17.5
4.9

50.5
32.4
12.0
20.4
18.0
4.9

51.4
32.9
12.1
20.8
185
-1.5

46.3
29.8
122
17.7
18.5
5.6

51.9
32.5
12.6
19.9
19.4
5.1

54.0
34.3
13.1
21.3
19.7
3.8

54.6
34.8
13.5
21.3
19.8
3.4

55.1
35.9
13.7
22.1
19.2
2.2

54.3
35.4
14.0
21.4
18.9
-2.2

53.5
34.5
13.9
20.6
19.0
-1.9

54.6
34.3
13.9
20.4
20.3
-0.4

56.8
35.0
13.9
21.1
21.8
-2.1

58.1
34.9
13.8
21.1
23 2
-.3

Net exports of goods and services

13

-5

-2

.1

15

3.7

4.1

3.6

15

-.1

-1.1

-1.4

-.7

-.4

-.4

.2

5

1.1

14
15
16
17
18
19

12.2
10.2
2.0
13.0
105
2.6

13.5
11.3
22
13.7
10.9
25

15.0
125
25
14.9
11.8
3.1

17.0
145
2.7
15.2
12.0
3.1

18.0
15.1
2.9
14.3
105
35

18.1
15.1
3.0
14.0
10.1
3.9

18.6
15.4
3.1
15.0
10.7
4.3

16.5
13.4
3.0
14.6
10.6
4.0

15.1
12.4
2.7
15.3
10.8
45

15.2
12.5
2.7
16.3
115
5.1

15.0
12.1
2.9
15.8
11.0
4.8

15.1
125
25
16.4
115
4.9

15.7
12.9
2.8
16.3
112
5.2

15.1
12.3
2.7
155
102
5.3

14.3
11.6
2.7
14.8
10.0
45

16.3
13.6
2.7
162
11.0
5.1

15.8
12.9
2.9
15.3
10.2
5.1

165
13.6
2.9
15.5
10.2
5.3

20

462

495

175

854

725

775

79.4

835

85.0

875

895

925

905

90.7

885

86:4

855

85.2

21
22
23
24

25 2
19.8
5.4
21.0

282
225
5.4
21.6

35.5
29.9
5.7
22.1

42.1
36.2
5.9
22.9

49.4
43.7
55
23.4

542
462
6.0
23.7

55.6
48.7
6.9
23.8

58.7
52.1
6.6
24.6

60.6
53.7
6.9
24.4

62.6
55.5
7.0
25.0

64.1
56.3
7.8
25.8

665
56.9
9.4
25.7

64.1
55.8
8.3
26.4

63.7
552
8.5
27.0

60.9
52 2
8.7
27.9

57.8
50.1
7.7
28.6

55.5
48.1
7.4
29.6

55.3
46.8
85
29.9

Gross private domestic investment

Exports
Goods ....
Services .
Imports
Goods ....
Services
Government consumption expenditures and gross
investment.
Federal
National defense
Nondefense
State and local




Table 1.1.—Gross Domestic Product: Annual, 1929-94, and Quarterly, 1946-94-rContinued
[Billions of dollars; quarters seasonally adjusted at annual rates)

1
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services

II

I

IV

III

III

II

1S58

1957

1956

1955
Line

I

IV

II

IV

III

II

I

1959
III

IV

1

II

4395

4485

457.2

459.0

466.4

461.6

4545

4585

4715

485.2

4965

5095

1

402.9

411.3

419.8

426.4

429.0

434.7

2

252.2

257.2

261.5

265.6

267.2

269.7

272.8

278.0

2825

2845

289.1

290.9

290.5

293.5

2985

3025

310.4

316.4

3
4
5

36.5
122.3
93.4

38.8
124.0
94.4

40.6
125.0
95.8

39.6
127.5
98.4

37.9
129.1
1005

38.0
130.0
101.8

37.6
131.3
103.9

39.3
132.7
106.0

40.3
134.5
107.5

39.8
135.8
108.9

39.4
139.2
110.5

39.1
138.9
112.9

37.1
139.5
113.9

36.3
140.8
116.4

37.0
142.8
118.9

38.3
143.9
120.3

41.5
146.1
122.8

43.2
147.7
125.5

6

64.2

68.1

69.9

73.7

73.1

71.5

72.6

715

715

71.9

73.4

65.1

60.5

58.7

655

73.2

76.7

82.7

Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories

7
8
9
10
11
12

60.4
35.4
14.3
21.1
25.0
3.7

63.5
37.9
14.7
23.1
25.6
4.6

65.7
40.4
15.4
25.0
25.2
45

66.6
42.5
16.2
26.3
24.2
7.1

66.6
42.8
17.4
25.4
23.7
6.6

67.8
43.9
18.0
25.9
23.9
3.7

68.9
45.4
18.6
26.8
23.5
3.7

69.0
45.9
18.7
275
23.0
2.5

69.6
47.0
18.8
28.2
22.6
2.3

69.3
47.1
19.0
28.1
22.2
2.6

70.4
48.4
19.1
29.3
22.0
3.0

69.4
47.5
18.9
28.6
21.9
-45

64.6
43.6
18.1
25.5
20.9
-4.0

63.0
42.0
17.6
24.4
21.0
-45

63.9
41.4
17.3
24.1
22.5
15

68.0
43.0
17.6
25.5
24.9
55

72.3
44.5
17.4
27.1
27.8
4.4

74.9
46.1
18.0
28.1
28.8
75

Net exports of goods and services

13

1.0

-3

.6

.1

5

1.8

25

4.4

4.7

4.0

3.9

35

1.0

.4

.7

-.4

-1.7

-25

14
15
16
17
18
19

17.2
145
3.0
162
11.1
5.1

16.8
13.8
3.0
17.1
11.2
5.9

18.1
14.8
3.3
17.4
11.3
6.1

18.3
14.9
3.3
18.1
12.5
5.6

19.3
15.9
3.4
18.9
13.0
5.9

20.8
17.2
3.6
19.0
12.7
6.3

21.7
18.1
3.7
19.3
12.6
6.6

23.0
19.1
3.9
18.5
12.9
5.7

24.8
20.6
4.2
20.1
13.2
6.9

24.3
20.1
4.2
20.3
13.4
6.9

23.6
19.4
4.2
19.8
13.1
6.7

22.9
18.1
4.8
19.6
13.5
6.1

20.4
16.6
3.9
19.5
12.6
6.9

20.4
16.3
4.1
20.1
12.7
7.4

20.5
16.4
4.0
19.7
12.8
7.0

20.5
16.3
4.1
20.8
13.8
7.0

19.7
15.6
4.1
21.4
14.5
6.9

20.0
15.9
4.1
22.5
15.5
7.0

20

85.6

86.2

87.8

863

88.4

91.6

91.7

945

985

98.5

100.0

102.4

102.0

105.7

107.0

1095

110.9

112.6

21
22
23
24

54.7
47.1
7.6
30.9

54.8
46.5
8.2
31.5

55.9
47.7
8.2
31.9

54.4
46.7
7.7
32.5

54.8
47.3
7.5
33.6

57.1
49.3
7.8
34.5

56.5
49.4
7.1
35.2

58.6
51.1
7.5
36.0

61.0
52.8
8.3
37.3

60.4
53.4
7.1
38.1

61.1
54.3
6.9
38.8

62.6
54.1
8.6
39.8

61.2
54.1
7.1
40.8

64.0
55.1
8.8
41.8

64.1
55.7
8.4
42.9

66.0
56.4
9.6
43.8

66.2
56.1
10.1
44.7

67.8
55.6
12.2
44.9

IV

1

II

III

IV

1

II

III

IV

I

II

III

IV

1

II

Gross private domestic Investment

Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross
Investment.
Federal
National defense
Nondefense
State and local

III
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories

1963

1962

1961

1960

1959
Line

III

IV

528.1

538.9

549.6

562.6

5755

582.8

589.9

5925

602.2

6105

623.7

632.8

1

509.6

513.8

527.3

526.1

529.0

523.9

2

321.7

323.8

327.3

3335

333.1

335.0

335.7

340.6

3435

350.7

3555

3615

365.4

371.7

375.1

379.4

386.4

391.1

3
4
5

44.1
149.3
128.4

41.8
150.9
131.1

43.2
150.8
133.3

44.1
153.6
135.5

43.6
153.0
136.5

42.4
153.9
138.7

39.9
155.2
140.6

40.9
156.0
143.7

42.1
156.5
144.9

44.2
158.6
147.9

455
160.6
149.5

46.4
161.9
152.9

46.9
163.4
155.0

48.9
165.3
157.5

50.0
166.3
158.8

51.3
167.0
161.1

52.0
169.4
165.0

53.1
169.9
168.0

6

76.3

79.4

89.1

79.4

78.4

68.1

70.1

75.4

82.2

845

895

875

89.1

85.4

905

91.8

94.7

96.6

7
8
9
10
11
12

76.1
47.8
18.6
29.1
28.3
5

75.1
47.6
18.5
29.1
27.5
4.3

77.8
49.4
19.4
30.1
28.4
11.3

76.3
505
195
30.7
26.1
3.1

74.2
48.9
19.4
29.5
25.3
4.2

73.8
48.5
20.0
28.4
25.3
-6.7

72.7
47.4
19.9
27.5
25.3
-2.6

73.8
48.3
19.6
28.7
25.5
1.6

75.5
48.6
19.7
28.9
26.9
6.7

78.0
505
19.6
30.6
27.8
6.0

79.8
51.4
20.0
31.4
28.4
9.5

82.2
53.0
20.8
32.2
29.2
5.6

82.9
53.7
21.4
32.3
29.2
6.2

82.4
53.2
20.9
32.3
29.1
3.1

83.3
53.1
20.2
32.9
30.2
7.0

86.9
54.7
21.2
335
325
4.9

88.8
56.3
21.4
34.9
32.5
5.9

91.8
58.1
21.9
365
33.7
4.8

Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross
investment.
Federal
National defense
Nondefense
State and local

13

-1.1

-1.4

.9

1.7

3.0

4.0

4.4

35

2.8

2.9

2.3

35

2.9

1.5

2.0

3.7

3.1

4.4

14
15
16
17
18
19

21.8
17.5
4.3
22.9
15.8
7.1

21.1
16.9
4.3
22.5
15.4
7.1

24.2
19.5
4.7
23.3
15.7
7.6

255
20.5
4.7
23.5
15.9
7.6

25.9
20.9
4.9
22.9
15.1
7.8

25.8
20.9
4.9
21.7
14.2
7.5

26.1
21.2
4.9
21.7
14.1
7.6

255
20.1
5.1
21.9
14.3
7.6

26.1
21.0
55
23.3
15.8
7.6

26.8
21.5
5.2
23.9
16.1
7.7

26.6
215
5.4
245
16.4
7.9

28.1
22.3
5.8
24.9
16.9
8.0

28.0
22.3
5.7
25.1
17.1
8.0

27.0
21.1
5.9
25.6
17.0
8.5

27 5
21.3
5.9
25.2
16.9
8.3

29.6
23.4
65
25.9
17.6
8.3

29.8
23.8
6.0
26.7
18.2
8.6

31.1
24.9
6.3
26.8
18.2
8.5

20

112.6

111.9

110.0

111.8

1145

116.7

1175

119.7

121.0

124.9

128.4

130.4

1325

1345

134.7

1355

1395

140.7

21
22
23
24

67.7
55.7
12.0
44.9

67.1
55.4
11.8
44.8

64.0
54.2
9.8
46.0

64.5
54.2
10.3
47.3

66.2
55.2
11.0
48.2

67.7
55.8
11.9
49.0

67.1
56.6
10.5
50.8

68.7
57.3
11.4
50.9

69.3
57.6
11.7
51.7

71.3
59.3
12.0
53.6

74.5
61.9
12.6
53.9

75.9
62.3
13.6
54.5

77.3
62.4
14.9
55.3

78.1
625
15.5
56.2

76.9
62.0
15.0
57.8

77.3
62.3
14.9
58.7

79.1
62.2
16.9
60.4

79.0
62.4
16.6
61.7

1

Net exports of goods and services

II

III

IV

I

II

III

IV

1

II

III

IV

1

II

III

IV

I

1965

1964

1967

1966

Lino
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross
investment.
Federal
National defense
Nondefense
State and local




1968
II

1

649.4

658.4

669.2

675.1

695.6

708.2

7255

747.7

7705

780.0

793.6

607.1

8175

8235

838.9

854.7

8805

9045

2

400.5

408.3

417.1

419.8

430.6

437.8

447.2

4615

472.0

477.1

486.4

4925

4965

506.2

513.7

521.2

5395

553.2

3
4
5

55.2
174.1
171.2

56.6
177.3
174.4

58.4
181.0
177.7

56.4
182.3
181.1

61.9
185.0
183.7

61.7
188.7
187.4

63.6
192.6
191.0

65.9
200.0
195.7

68.9
204.3
198.7

66.3
208.0
202.8

68.8
211.0
206.6

69.1
211.7
2115

67.6
213.9
215.3

71.0
215.6
219.6

71.1
218.0
224.5

72.0
220.9
228.3

77.1
228.1
234.3

79.1
233.3
240.9

6

100.6

100.4

101.5

104.4

115.8

115.8

119.1

1215

1305

129.9

129.4

1325

127.7

123.0

1285

1335

135.7

141.9

7
8
9
10
11
12

95.0
59.6
22.4
372
35.4
5.6

95.6
61.4
23.4
38.0
34.2
4.8

975
63.5
24.3
39.3
33.7
4.3

99.0
65.2
24.8
40.3
33.8
5.4

103.5
69.7
26.1
43.5
33.9
12.3

106.6
72.4
28.2
44.3
345
95

109.6
75.3
28.5
46.8
34.3
9.5

113.4
78.9
30.4
48.5
34.5
7.8

117.0
825
31.1
51.1
34.8
13.5

117.4
84.2
31.2
53.0
335
12.5

117.3
85.3
31.9
53.4
31.9
12.2

114.9
85.7
315
54.5
295
17.0

112.7
84.3
31.7
52.7
28.3
15.0

116.2
84.5
30.9
53.6
31.6
6.8

118.1
84.7
31.5
535
33.4
10.4

123.3
875
32.0
55.3
36.0
9.7

127.5
90.6
33.1
57.6
36.9
8.1

128.0
89.9
33.2
56.7
385
13.9

13

5.9

45

5A

5.7

3.0

4.7

3.7

4.1

3.2

25

5

15

25

2.1

1.1

5

-15

-.6

14
15
16
17
18
19

32.9
26.1
6.8
27.0
18.3
8.6

32.6
26.0
6.6
27.7
19.1
8.6

33.9
26.9
6.9
28.4
19.7
8.7

35.0
275
7.1
29.3
20.4
8.9

31.5
24.4
7.1
28.5
19.6
8.9

36.3
28.8
75
31.7
22.4
9.2

35.7
27.9
7.8
32.0
225
9.2

38.0
30.1
8.0
33.9
245
9.8

38.2
30.4
7.8
35.0
24.9
10.1

38.2
30.1
8.1
36.2
25.6
10.6

39.0
30.6
8.4
38.2
27.2
11.0

40.4
31.9
8.5
38.8
27.7
11.1

41.7
32.5
9.2
39.4
27.7
11.7

41.1
32.3
8.9
39.0
265
12.2

40.7
31.6
9.0
39.5
27.0
12.5

41.9
32.3
9.6
41.7
29.5
12.1

435
33.6
9.6
44.4
32.1
12.3

44.8
34.9
9.9
45.4
33.2
12.3

20

142.4

144.8

145.1

145.3

146.2

149.9

155.0

1605

1645

171.1

176.9

181.6

1905

1915

195.6

2005

2065

210.4

21
22
23
24

79.4
62.0
17.4
62.9

80.1
61.8
18.4
64.6

79.4
615
185
65.7

78.6
60,3
18.4
66.7

78.3
595
18.7
67.9

79.9
60.8
19.1
70.1

82.4
62.0
20.4
72.7

86.5
65.9
20.6
74.3

88.5
68.0
20.5
76.3

92.9
71.4
21.5
78.2

96.7
75.9
20.8
805

98.4
785
19.9
83.3

105.1
83.1
22.0
85.6

105.0
845
20.6
87.0

107.0
86.7
20.3
88.6

109.1
87.9
21.2
91.2

112.4
90.9
21.5
945

113.1
92.1
20.9
97.3

Table 1.1 .—Gross Domestic Product: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1969

1968

1970

1971

1972

Line
III
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross prlvste domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods ....
Services
Imports
Goods ....
Services .
Government consumption expenditures and grass
Investment.
Federal
National defense
Nondefense
State and local

IV

1

II

III

IV

I

III

II

IV

I

II

III

Gross private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods
Services ..
Imports
Goods .....
Services ..
Government consumption expenditures and grass
investment.
Federal
Nondefense
State and local

974.1

993.6 1,001.0 1,013.9 1,029J 1,047.8 1,051.3 1,095.8 1,117.7 1,137.3 1,149.8 1,190.2 1,224.4 1,247.8 1,286.8

2

569.1

577.5

588.8

599.4

609.2

621.1

632.4

642.7

655.2

662.1

681.6

695.8

708.2

724.5

741.9

759.9

778.1

802.9

3
4
5

83.3
239.4
246.3

83.6
242.0
251.9

85.5
246.4
256.9

85.9
251.1
262.4

86.1
255.2
267.9

86.2
259.9
275.0

84.9
266.2
281.4

86.0
269.8
288.8

86.9
273.7
294.6

82.1
278.4
301.6

92.7
280.3
308.6

95.5
284.1
316.1

97.8
286.7
323.7

101.5
291.0
332.1

104.9
295.9
341.1

108.1
304.3
347.5

111.4
311.5
355.2

117.0
320.5
365.3

6

138.7

143.5

154.7

154.4

159.0

152.0

148.5

151.1

153.8

147.6

169.3

177.1

181.1

176.6

191.8

204.2

2093

216.8

7
8
9
10
11
12

130.7
91.8
33.2
58.6
38.9
8.0

137.0
96.0
34.8
61.3
40.9
6.6

142.7
99.5
35.8
63.7
43.2
12.0

144.8
101.4
36.7
64.7
43.4
9.7

148.3
105.1
38.9
66.1
43.2
10.7

146.2
105.6
39.4
66.2
40.7
5.8

146.5
105.8
39.5
66.4
40.7
2.0

146.5
107.1
40.3
66.8
39.4
4.6

148.6
108.2
40.6
67.6
40.4
5.2

150.6
105.7
40.8
64.9
45.0
-3.1

156.8
108.2
41.5
66.7
48.6
12.4

165.7
111.1
42.3
68.8
54.6
11.4

170.7
112.4
43.1
69.3
58.3
10.4

176.8
115.3
43.8
71.5
61.5
-.2

187.2
120.6
45.8
74.9
66.6
4.6

191.7
123.5
46.6
76.9
68.2
12.4

195.8
126.3
47.3
78.9
69.6
14.0

208.1
133.8
49.0
84.9
74.3
8.7

13

-1.3

-1.9

-1.9

-1.8

-1.3

.1

1.1

U

3

A

3

-3.8

-3.1

-«.0

-8.6

-8.3

-7.9

-7.1

14
15
16
17
18
19

47.0
36.6
10.3
48.2
35.4
12.8

48.2
35.9
10.3
48.2
35.1
13.1

41.9
31.6
10.3
43.8
30.8
13.0

50.9
39.9
11.0
52.7
39.1
13.6

51.0
39.5
11.5
52.4
38.5
13.8

53.2
42.0
11.2
53.1
38.8
14.3

54.7
43.0
11.6
53.5
39.3
14.2

57.6
45.0
12.6
55.2
40.1
15.1

57.3
44.8
12.6
56.4
41.2
15.3

58.3
45.4
12.9
57.9
42.8
15.1

59.5
45.9
13.6
58.7
43.4
15.3

59.5
45.7
13.8
63.3
47.4
15.9

62.4
48.4
13.9
65.5
49.6
15.8

56.0
42.2
135
61.9
45.7
16.2

63.5
49.7
13.8
72.2
55.1
17.1

63.1
48.9
14.2
71.4
54.1
17.3

66.2
51.8
14.3
74.1
57.3
16.8

72.1
56.8
15.3
79.2
61.3
17.9

20

213.6

217.7

218.4

222.0

226.7

227.8

231.8

233.4

237.9

241.2

245.1

248.7

251.1

254.6

265.2

268.6

2673

274.1

21
22
23
24

114.2
92.0
22.2
99.5

115.5
92.8
22.6
102.3

114.1
91.1
22.9
104.3

114.8
91.5
23.3
107.2

117.6
93.4
24.2
109.2

116.7
93.4
23.3
111.1

117.1
92.6
24.5
114.7

115.5
89.9
25.6
117.9

115.3
89.9
25.4
122.5

115.7
90.1
25.6
125.5

116.2
90.1
26.1
128.8

116.8
88.5
28.3
131.9

117.3
87.4
29.9
133.8

117.8
88.8
29.0
136.8

125.2
94.0
31.2
140.0

127.3
95.3
32.0
141.3

123.1
91.2
32.0
144.7

124.7
92.4
32.3
149.4

III

IV

III

IV

III

IV

II

1

1974
I

II

1975

Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods
Services ..
Imports
Goods
Services
Government consumption expenditures and gross
Federal
National defense
Nondefense
State and local




II

1976
1

II

1977
III

IV

1

II

2

827.2

842.1

880.8

876.1

894.4

922.4

950.1

957.8

982.7 1,012.4 1,046J 1,075.1 1,110.2 1,130.2 1,159.8 1,195.0 1,230.7 1,259.1

3
4
5

125.2
330.3
371.6

124.1
337.0
381.0

123.8
347.6
389.4

121.1
357.4
397.6

118.9
369.1
406.3

123.0
380.3
419.1

128.8
391.7
429.7

118.6
396.7
442.4

123.2
404.4
455.1

128.3
415.5
468.6

138.0
427.7
480.6

144.4
435.0
495.7

154.1
445.3
510.7

156.3
452.6
521.4

159.6
462.4
537.7

165.3
472.4
557.3

173.6
483.7
573.4

178.7
492.0
588.3

6

232.9

242.4

240.3

255.8

241.2

2475

242.8

251-0

212.2

211.2

234.3

243.7

271.3

285.8

289.5

299.8

321.3

353.2

7
8
9
10
11
12

219.0
141.2
51.3
69.9
77.9
13.9

224.7
149.0
54.1
94.9
75.8
17.6

228.7
153.7
56.8
96.8
75.0
11.6

229.1
156.4
57.7
98.6
72.7
26.7

228.0
159.0
59.0
100.0
69.0
13.2

231.2
163.7
61.3
102.3
67.5
16.3

235.9
168.5
61.4
107.1
67.4
6.9

231.0
171.0
63.2
107.8
60.0
20.0

223.9
166.3
61.7
104.6
57.7
-11.7

225.9
166.0
60.4
105.6
59.9
-14.7

234.4
169.7
61.3
108.4
64.6
0

242.6
173.9
62.0
111.8
68.7
1.2

255.2
179.1
64.1
115.0
76.2
16.0

264.0
183.4
65.1
118.3
80.7
21.8

270.4
189.8
66.7
123.1
80.6
19.1

288.9
196.4
67.8
128.6
92.5
10.9

306.4
208.8
69.7
139.1
97.6
14.9

330.2
218.5
73.6
144.8
111.7
23.0

13

-4.4

-1.1

3.2

4.7

4.3

-5.6

-9.1

-2.2

13.1

16.6

11.6

12.9

4.2

-1.1

-5.0

-7.2

-21.6

-41.7

14
15
16
17
18
19

81.0
64.4
16.6
85.4
66.5
18.9

88.3
70.9
17.4
89.5
70.0
19.4

94.3
75.6
18.7
91.1
72.1
19.0

103.4
84.8
18.6
98.7
78.8
19.9

114.6
93.1
21.6
110.3
88.8
21.5

123.8
100.6
23.1
129.4
106.4
23.0

124.5
101.2
23.2
133.6
110.6
23.0

134.4
109.0
25.4
136.6
112.3
24.3

138.0
112.0
26.0
124.9
100.9
24.0

131.8
105.9
25.9
115.2
92.3
23.0

133.7
107.1
26.5
122.1
98.8
23.3

141.7
113.4
28.3
128.7
104.0
24.7

143.1
113.5
29.6
138.9
113.5
25.4

146.0
116.3
29.7
147.1
121.3
25.8

150.9
119.0
31.9
155.8
128.9
26.9

155.4
122.3
33.1
162.7
134.7
27.9

154.8
121.3
33.5
176.4
147.6
28.8

161.3
126.2
35.2
183,0
153.2
29.9

20

281.8

286.0

287.1

295.6

306.6

318.2

328.0

340.1

352.3

357.7

364.9

375.5

381.7

383.0

386.0

392.8

403.9

414.6

21
??
?,1
24

128.3
94.9
33.3
153.5

129.1
95.8
33.3
157.0

126.0
92.4
33.6
161.1

129.6
95.7
33.8
166.1

133.7
97.7
36.0
172.9

1372
102.0
35.3
181.0

140.9
101.9
39.0
187.1

147.8
106.1
41.7
192.3

150.5
108.6
41.9
201.8

153.0
109.9
43.1
204.6

154.7
111.0
43.7
210.2

159.7
114.2
45.5
215.9

159.3
113.5
45.8
222.3

160.8
115.0
45.9
222.2

163.1
116.8
46.3
222.9

167.7
119.2
48.6
225.0

172.7
122.8
49.9
231.2

177.8
126.1
51.6
236.8

III

IV

1979

1978

1977

Nondurable goods
Services

1

1,337.5 1,369.4 1,391.4 1,432.3 1,446.5 1,482.5 1,511.7 1,546.8 1,560.3 1,597.8 1,657.1 1,7073 1,767J 1,797.9 1,830.4 1,880.3 1,934.4 2,005.1

III

Personal consumption expenditures

IV

960.0

Line
Gross domestic product

III

936.8

1973

Durable goods
Nondurable goods
Services

II

920.1

1

Personal consumption expenditures

1

1

Line

Gross domestic product

IV

1
2
3
4
5

IV

I

II

I

II

1980
III

IV

I

II

1981
III

IV

I

II

III

IV

2,063.2 2,104.7 2,147.7 2,273.7 2,333.9 2,410.2 2,464.5 2,5223 2,592.8 2,650.4 2,722.3 2,719.4 2,7834 2,911.8 3,040.2 3,0703 3,167.7 3,1853
1,290.3 1,328.1 1,358J 1,417.4 1,450.6 1,488.7 1,529.3 1,563.9 1,617.4 1,663.5 1,713.1 1,716.9 1,7743 13363 13903 1,9233 1,967.4 1,9833
183.0
498.5
608.8

189.0
513.5
625.5

186.8
524.1
647.5

204.4
542.6
670.4

204.8
558.1
687.7

209.8
574.9
704.0

211.1
593.5
724.7

209.9
610.1
743.9

218.4
635.3
763.7

216.3
657.1
790.1

219.4
679.2
814.5

199.2
686.0
831.7

212.4
698.9
863.6

223.0
717.8
895.9

232.6
745.1
912.6

227.4
755.5
940.6

238.4
762.5
966.6

223.6
769.5
990.8

6

373.8

378.0

392.9

425.6

443.5

461.2

471.1

482.4

488.4

4835

493.0

449.8

430.8

490.1

5493

534.7

576.1

564.1

7
R
9
10
11
12

341.8
226.8
76.4
150.4
115.0
32.0

355.7
238.8
78.5
160.3
116.9
22.3

364.8
243.8
79.2
164.5
121.1
28.1

398.8
268.2
88.6
179.6
130.5
26.9

417.1
281.3
95.8
185.6
135.8
26.4

433.9
294.8
102.0
192.8
139.1
27.4

446.8
3082
104.8
203.4
138.6
24.3

455.1
314.2
110.0
204.3
140.9
27.3

474.9
331.4
119.1
212.2
143.5
11.6

479.2
338.0
125.7
212.3
141.2
4.3

484.6
350.0
130.3
219.7
134.5
8.4

450.1
338.9
129.8
209.1
1115
-.3

464.6
348.7
133.6
215.1
115.9
-33.8

494.8
363.5
141.9
221.6
131.3
-4.7

511.6
379.7
147.5
232.1
132.0
38.3

525.3
396.4
158.3
238.1
128.9
9.4

533.6
413.4
166.8
246.6
1205
42.5

541.8
4325
185.7
246.5
109.6
22.4

13

-21.1

-30.3

-393

-23.3

-24.6

-17 3

-19 J

-23.4

-24.4

-29X1

-37.2

-16.7

33

-83

-17.0

-16.4

-105

-163

14
15
1fi
17
18
19

161.8
126.1
35.7
182.9
153.2
29.7

157.1
121.0
36.1
187.4
156.6
30.8

164.0
125.0
38.9
203.3
170.3
32.9

185.6
146.1
39.5
208.8
175.1
33.7

190.5
149.3
41.2
215.1
179.4
35.7

204.5
161.2
43.3
221.8
184.8
37.1

210.7
167.0
43.7
229.8
192.2
37.6

219.7
175.7
44.0
243.1
204.1
39.0

232.9
188.0
44.9
257.3
216.8
40.5

251.5
205.4
46.1
280.5
238.1
42.4

267.1
217.8
49.3
304.3
259.7
44.7

275.9
224.2
51.7
292.6
248.5
44.1

282.5
226.9
55.6
279.2
234.1
45.1

290,3
234.2
56.1
299.2
252.0
47.2

302.8
242.2
60.6
319.7
270.2
49.5

305.5
242.0
63.5
322.0
271.8
50.2

299.7
234.2
65.5
309.9
260.5
49.4

3035
238.0
65.1
319.4
268.8
50.6

23

420.2

428.9

435.8

453.9

464.4

4775

483.3

499.3

513.4

532.3

553.4

569.5

5743

5933

6163

6283

634.4

653.7

?1

179.5
126.5
52.9
240.7

183.7
127.7
56.0
245.2

186.3
130.2
56.1
249.5

192.5
134.4
58.2
261.4

196.1
136.9
59.2
268.3

202.9
140.9
62.0
274.6

206.5
1445
62.3
276.8

212.0
149.1
62.9
287.3

216.0
151.9
64.0
297.4

225.6
159.7
65.9
306.6

236.3
166.7
69.6
317.1

247.8
171.4
76.4
321.7

248.5
174.2
74.3
325.9

261.1
184.6
76.5
332.8

271.3
1915
80.1
345.6

282.8
199.7
83.2
345.7

285.4
203.6
81.8
348.9

296.9
213.3
83.6
3563

n

23
24

Table 1.1 .—Gross Domestic Product: Annual, 1929-94, and Quarterly,. 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

IV

III

II

1

1

IV

III

II

1985

1984

1983

1982
Line

1

II

1

IV

III

II

191
96
III

IV

1

II

3,361.0 3,469.2 3,563.3 3,664.6 3,791.1 3,879.7 3,942.2 3,996.7 4,081.2 4,1343 4,221.4 4,2853 4,358.2 4385.6
2,185.0 2,257.2 2,316.8 2,374.7 2,422.5 2,475.6 2,510.5 2,560.6 2,623.8 2,673.4 2,7423 2,779.6 2,8233 2,855.6
354.4
384.7
349.8
376.8
363.2
370.3
324.9
336.0
324.4
303.3
315.0
274.7
286.8
254.6
931.7
923.0
946.3
956.1
949.4
909.3
888.6
897.5
865.4
882.7
841.4
851.1
823.1
805.3
1,125.1 1,159.4 1,188.5 1,220.2 1,242.0 1,268.5 1,297.1 1,327.0 1,364.7 1,395.9 1,433.8 1,470.1 1,496.9 1,521.5

1

3,178.6 3,231.6 3,259.1 3,299.1

2

2,021.4 2,046.1 2,091.1 2,148.7

3
4
5

233.2
775.5
1,012.8

235.6
777.8
1,032.7

238.1
792.2
1,060.8

250.1
801.9
1,096.7

Gross private domestic investment

6

511.1

514.1

509.3

469.8

481.3

526.0

561.7

619.4

695.6

716.2

731.7

7183

705.6

711.2

7063

737.2

752.1

729.7

Change in business inventories

7
8
9
10
11
12

531.5
426.7
183.8
242.9
104.8
-20.4

517.8
415.0
179.6
235.4
102.8
-3.8

505.0
402.6
170.4
232.2
102.3
4.3

507.9
395.1
166.2
228.9
112.8
-38.1

514.6
383.7
156.7
227.0
130.9
-33.3

534.0
385.8
147.8
238.0
148.2
-8.0

563.4
400.9
151.0
249.9
162.6
-1.7

596.0
427.4
155.5
272.0
168.5
23.4

616.0
440.4
164.5
275.9
175.6
79.5

645.4
464.0
174.4
289.6
181.4
70.7

659.3
478.4
181.0
297.5
180.8
72.4

671.6
490.3
184.2
306.1
181.3
47.2

680.0
496.6
193.5
303.1
183.4
25.6

686.9
504.1
194.1
310.0
182.8
24.3

685.8
498.2
191.0
307.2
187.7
20.5

702.8
508.9
194.6
314.3
193.9
34.4

707.0
502.4
190.9
311.5
204.5
45.1

710.9
492.6
173.9
318.7
218.3
18.8

Net exports ot goods and services

13

-17.2

-5.0

-30.3

-29.7

-24.6

-455

-65.2

-713

-843

-103.5

-103.1

-107.1

-91.4

-114.7

-1173

-133.6

-1263

-1283

14
15
16
17
18
19

292.3
224.9
67.5
309.5
257.6
51.9

294.2
226.0
68.2
299.1
245.8
53.3

279.0
211.6
67.4
309.3
257.2
52.1

265.1
197.6
67.5
294.9
241.5
53.4

270.6
200.7
69.9
295.3
242.5
52.7

272.5
202.8
69.7
318.0
262.8
55.2

278.2
207.4
70.8
343.4
285.9
57.5

286.7
218.3
68.4
358.0
299.6
58.4

293.7
218.3
75.4
388.0
322.5
65.5

303.0
224.6
78.4
406.5
337.9
68.6

306.5
228.4
78.1
409.6
339.9
69.7

309.2
231.2
78.0
416.4
345.0
71.3

305.9
225.7
80.2
397.3
325.4
71.9

303.9
223.5
80.4
418.6
344.4
74.1

297.0
217.4
79.6
414.2
340.5
73.6

305.3
222.4
82.9
438.9
362.8
76.0

312.2
220.5
91.7
439.1
357.7
81.4

314.5
223.0
91.5
443.4
365.1
78.3

20

663.4

676.3

689.1

710.3

719.4

7315

750.0

741.9

767.4

791.4

803.1

824.5

843.1

8643

890.0

902.1

909.7

929.1

395.2
298.8
96.4
448.0

404.4
306.5
97.9
460.4

418.6
320.0
98.6
471.4

422.2
324.4
97.8
479.9

418.6
320.2
98.5
491.1

431.1
330.6
100.5
498.0

Gross domestic product
Personal consumption expenditures

Services

Exports

Services
Government consumption expenditures end gross
investment.

State and local

21
22
23
24

307.6
227.8
79.9
368.7

301.5
219.0
82.5
361.9

328.9
243.3
85.6
381.4

314.8
233.7
81.1
374.3

343.8
253.3
90.4
387.7

334.5
245.8
88.7
384.8

1

IV

4,645.1 4,722.6 4,835.9

4,443.3 4,501.7 4365.7

2

2,926.2 2,965.6 3,002.4 3,070.0 3,1343

3
4
5

422.0
955.6
1,548.7

Gross private domestic Investment

6

Change in business inventories

7
8
9
10
11
12

Personal consumption expenditures

Services

Net exports ol goods and services

Services
Government consumption expenditures and gross
investment.

State and local

1

IV

III

II

1

Gross domestic product

358.1
275.5
82.6
409.3

372.6
280.8
91.8
418.8

373.3
281.1
92.2
429.8

386.3
293.4
93.0
438.2
1989

1988

1987

1986
Line
III

344.0
264.5
79.6
397.9

355.5
256.6
98.9
394.5

II

III

IV

4,898.2 5,000.4 5,094.5 5,2053

1

1990
III

II

1

IV

III

IV

5,660.6 5,7503 5,782.2 5,781.7

5,413.2 5,486.9 55373

53163

II

3,459.2 3506.1 3569.7

3,6273

3,676.1 3,759.2 3311.8

462.5
1,132.3
1,911.4

484.6
1,173.6
1,969.1

493.3
473.2
471.7
477.6
461.9
1,189.8 1,220.7 1,230.2 1,256.2 1,274.1
2,014.5 2,045.3 2,104.1 2,149.8 2,171.0

3379.2 3,907.0

3,1713

3,247.1 3,310.2 33823

417.6
967.8
1,580.2

394.2
992.9
1,615.2

413.8
1,010.4
1,645.8

434.7
1,020.7
1,678.9

424.1
1,031.9
1,715.3

444.2
1,045.4
1,757.5

699.4

708.9

729.6

732.3

734.0

792.8

7565

7673

7765

7955

829.0

836.0

832.0

819.9

822.7

835.0

804.7

7363

712.6
488.6
168.3
320.3
224.1
-13.2

721.1
495.6
170.1
325.5
225.6
-12.2

705.3
480.0
165.4
314.6
225.3
24.3

719.3
490.1
167.3
322.8
229.2
13.0

732.0
504.6
1753
329.3
227.4
2.0

735.1
506.8
180.3
326.5
228.4
57.7

744.3
515.9
177.4
338.5
228.4
12.2

760.9
529.4
182.5
346.9
231.4
6.4

766.8
533.2
181.9
351.3
233.6
9.7

780.3
543.7
1833
360.4
236.6
15.2

790.1
553.0
188.3
364.7
237.2
38.8

794.2
562.0
188.0
374.0
232.2
41.8

808.1
579.0
196.4
382.5
229.1
23.9

797.5
570.9
196.6
374.3
226.6
22.4

813.9
581.2
201.9
379.3
232.7
8.8

794.0
571.6
202.4
369.2
222.4
41.0

7913
580.3
203.5
376.7
210.9
13.6

767.5
570.6
195.4
375.1
196.9
-31.2

448.2
1,067.8
1,794.2

447.1
1,094.0
1,841.2

464.5
1,117.1
1,877.6

472.5
1,159.6
1,937.6

13

-138.0

-1323

-139.4

-144.7

-142.4

-142.0

-120.9

-103.3

-95.8

-104.2

-83.7

-313

-79.3

-775

-743

-603

-78.5

-72.0

14
15
16
17
18
19

320.5
224.5
96.0
458.5
374.8
83.8

335.4
235.9
99.5
467.7
382.5
85.3

337.4
234.3
103.1
476.9
389.5
87.3

356.9
248.7
108.2
501.6
409.1
92.5

373.9
264.2
109.8
516.4
422.8
93.6

394.7
283.0
111.7
536.7
437.7
99.0

421.1
304.6
116.5
542.0
441.5
100.5

442.1
321.4
120.7
545.4
445.7
99.7

456.2
331.6
124.5
552.0
451.1
100.8

469.3
345.5
123.9
573.5
470.2
103.3

492.6
359.3
133.3
576.3
473.0
103.3

512.8
377.8
135.0
594.0
490.3
103.8

509.7
370.2
139.5
589.0
483.1
105.9

522.1
379.4
142.7
599.7
491.5
108.1

541.6
391.6
150.0
615.9
500.4
115.5

554.8
399.8
155.1
615.1
497.4
117.8

555.5
394.6
160.9
634.1
511.3
122.7

577.3
4083
169.1
649.2
522.9
126.4

20

955.7

959.5

973.2

987.4

9963

1,013.8

1,0155

1,026.2

1,031.5

1,054.8

1,0653

1,088.7

1,1073

1,119.4

1,153.0

1,1643

1,1763

1,210.4

476.5
360.6
115.9
612.1

484.9
367.6
117.3
622.1

482.0
361.3
120.7
637.4

496.4
369.7
126.7
656.6

500.1
370.6
129.5
664.2

501.2
368.9
132.3
675.7

516.7
383.3
133.3
693.7

21
22
23
24

448.4
343.7
104.7
507.3

442.8
335.0
107.7
516.7

447.9
341.7
106.2
525.3

454.9
349.9
105.0
532.6

463.4
354.4
109.0
550.4

456.5
355.5
100.9
540.4

454.6
353.2
101.4
571.6

456.3
354.6
101.7
559.1

453.5
351.5
102.0
578.1

465.0
356.7
108.2
589.9

465.5
352.8
112.7
599.9

1

II

I

II

III

IV

1

II

1994

1993

1992

1991
Line

III

IV

III

IV

1

II

III

IV

1

5,821.9

5,8925

5,9503

6,002.1

6,1213

6,2013

6,271.7

6,383.1

6,4445

6509.1

6574.6

6,704.2

6,7943

6,911.4

6,9865

7395.7

2

3,910.7

3,9613

4,001.6

4,027.1

4,127.6

4,183.0

4,238.9

4,3295

4,365.4

4,428.1

4,4885

4,554.9

4,616.6

45805

4,7505

4320.2

3
4
5

449.0
1,268.3
2,193.5

452.7
1,279.7
2,228.6

462.0
1383.4
2,256.3

457.3
1,279.0
2,290.7

474.1
1,303.1
2,350.4

481.3
1,308.4
2,393.3

492.5
1,326.3
2,420.1

506.2
1,349.5
2,473.9

506.4
1,354.4
2,504.6

524.2
1.366.3
2,537.6

537.2
1,373.9
2,577.4

553.1
1,388.0
2,613.8

563.2
1,404.4
2,649.0

572.4
1,416.0
2,6923

583.3
1,439.5
2,727.8

599.3
1,453.7
2,7673

Gross private domestic investment

6

7235

716.4

744.1

760.7

7553

790.7

799.7

816.1

8543

857.4

872.8

9203

963.4

1,017.9

1,007.1

1,043.1

Change in business inventories

7
8
9
10
11
12

739.7
555.4
192.3
363.1
184.3
-16.3

736.2
550.2
187.6
362.6
185.9
-19.8

738.6
544.3
176.1
3683
194.3
5.5

739.5
5393
170.8
368.4
200.3
21.3

755.4
544.1
171.6
372.5
211.3
-3

780.5
556.8
170.4
386.3
223.7
10.2

788.1
561.0
167.6
393.4
227.1
11.6

809.7
569.6
167.1
402.5
240.1
6.5

823.5
580.5
171.7
408.9
243.0
30.7

842.9
598.8
1753
423.6
244.1
14.5

858.8
606.4
177.8
428.6
252.4
14.0

897.5
630.6
180.7
449.9
266.8
22.9

911.0
634.6
175.4
459.3
276.4
52.4

941.7
652.9
185.2
467.7
288.7
76.3

956.9
667.4
186.8
480.6
289.5
50.2

977.0
687.5
190.7
496.8
289.5
66.2

Net exports ot goods and services

13

-32.9

-123

-22.0

-14.8

-8.9

-29.0

-37.6

-42.7

-46.6

-575

-72.1

-66.6

-76.6

-87.9

-103.4

-95.6

14
15
16
17
18
19

577.4
414.8
162.7
610.3
488.3
122.1

602.7
428.8
173.9
615.0
493.5
121.6

602.6
423.9
178.7
624.5
504.6
119.9

624.4
438.1
186.3
639.3
516.5
122.7

632.4
442.1
190.3
641.3
516.8
124.5

635.9
445.9
190.0
664.9
541.1
123.8

6403
447.7
192.5
677.8
5572
120.6

649.1
459.0
190.1
691.8
564.4
127.4

647.1
451.2
195.8
693.7
570.8
122.9

661.2
462.2
199.0
718.7
593.2
125.4

646.8
447.9
198.9
718.9
592.8
126.1

679.4
477.7
201.7
746.0
614.4
131.6

678.5
475.7
202.8
755.1
622.4
132.8

710.1
499.2
210.9
797.9
663.8
134.1

732.6
518.9
213.7
836.0
699.2
136.9

763.7
544.6
219.0
8593
721.7
1375

20

1,220.6

1,227.4

1,226.5

1,229.2

1,2473

1,256.4

1370.7

1,280.0

13715

1,2813

13853

1,2955

1,2913

1300.8

1,3323

1328.0

?1

525.6
389.7
136.0
695.0

528.2
389.3
138.9
699.2

520.9
382.1
138.8
705.5

515.5
373.0
142.6
713.6

521.8
372.8
149.0
726.1

523.2
374.1
149.1
733.2

532.0
380.9
151.1
738.7

535.0
375.3
159.7
745.1

521.3
363.6
157.7
750.1

517.8
361.7
156.1
763.4

515.7
358.0
157.7
769.6

518.5
359.4
159.1
777.0

506.9
344.9
162.0
784.1

505.3
348.5
156.8
795.5

520.4
359.7
160.7
811.9

508.3
343.6
164.7
819.6

Gross domestic product
Personal consumption expenditures

Services

Services
Government consumption expenditures and gross
investment.

??
State and local

23
24

NOTE.—Percent changes from preceding period (or selected items in this table are shown in table 8.1.




Table 1.2.—Real Gross Domestic Product: Annual, 1929-94, and Quarterly, 1947-94
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
Line
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services ....
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports ol goods and services
Exports
Goods ...
Services
Imports . .
Goods ...
Services
Government consumption expenditures and gross
Investment.
Federal „ .
National defense
Nondefense
State and local
Residual

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
16
19
20
21
22
23
24
25
Line

Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services ....
Grass private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods ...
Services
Imports
Goods ...
Services
Government consumption expenditures and
Investment.
Federal
National defense
Nondefense
State and local
Residual

1929

1930

1941

1942

1943

1944

1945

7905
5935

719.7
562.1

6745
5445

5845
496.1

5775
4845

641.1
5195

698.4
5505

790.0
606.9

8315
629.7

8012
6195

8665
654.0

941.2
6885

1,1015
737.1

1508.9
719.7

15235
7395

1,644.7
7615

1,626.7
808.4

92.4

59.8

37.6

9.9

16.4

315

585

75 5

945

615

795

111.3

1375

72.1

41.9

52.2

68.8

35.6

29.4

24.4

19.1

192

21.4

22.6

23.7

29.9

29.6

312

35.4

36.4

23.9

19.9

21.4

30.3

46.3

405

352

29.2

30.4

31.1

40.7

40.2

45.3

35.2

36.9

37.8

46.5

42.2

53.3

55.7

59.3

105.4

1162

121.2

117.1

1125

1275

1315

1525

147.0

1575

171.6

1742

288.0

6925

15322

1,1585

1,012.0

9.9

-75

-185

-28.7

-455

-27.0

-23.7

-26.4

-235

-315

-42.9

-295

-605

-1565

-2572

-292.7

-2335

1954

1955

1958

1957

1958

1959

1961

1962

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1948

1947

1948

1949

1950

1951

1952

1953

1,447.7
907.9

1,430.7
926.2

1,4915

1,4795
9725

15115
1,034.1

1,734.0

15492

1,798.7
1,082.4

15814

1765

169.9

2165

163.2

234.1

2 52
3.

2105

220.4

209.9

2815

257.9

246.1

2245

271.7

2705

2675

302.1

75.4

59.4

585

51.4

63.1

60.1

56.1

58.9

65.1

75.9

82.5

71.2

71.9

66.8

88.3

93.0

49.1

46.6

54.4

525

62.0

845

70.2

76.8

73.0

81.8

88.4

92.1

965

'"1065

'mi'

107.3

1195

3495

2905

3105

3455

3445

566.2

605.2

5625

5415

5425

5665

5855

6185

6172

647.2

6865

-2.9

155

135

-7.7

9.1

-60.4

-685

-28.0

-262

-33.0

-395

-36.1

-17.8

1,1365

1,8682 2,001.1 25402 2,0785 2,0575 2210.2 2262.9 2,3145
1,168.9 12425 1278.2 15082 1,3185 1594.6 1,432.6 1,4615

2,4545
15335

-40.6

See note at the end of the table.

NOTE TO USERS: Users of this table are cautioned that particularly for periods before 1982, comparisons across the chained (1992)
dollar components of GDP may be misleading. For example, during the years of World War II, the residual line in this table, which
is the difference between GDP and the sum of the most detailed
component series in this table, is very large. During these years,
because of spending associated with World War II, the share of
GDP accounted for by government consumption expenditures and
gross investment doubled before returning to a more normal share;
in addition, the prices paid for goods and services throughout the
economy were tightly controlled and very different from postwar
levels. To assist users in historical analysis, BEA has provided
supplemental tables that present estimates for selected timespans in




chained 1937, 1952, and 1972 dollars (see tables 1.2A, 1.2B, and
1.2C).
Users are also cautioned that particularly for components for
which relative prices are changing rapidly, the use of chained-dollar
estimates to calculate component shares or component contributions to real growth may be misleading even just a few years
from the base year.
For accurate estimates of the contributions to percent changes in real GDP, see NIPA table 8.2 in
this volume.
For a more detailed discussion of the use of chained dollars, including a method for closely approximating contributions to changes in real
GDP for longer periods, see the section "Chained-dollar measures" on
pageM-11.

Table 1.2.—Real Gross Domestic Product: Annual, 1929-94, and Quarterly, 1947-94—Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
Line
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential.
Change in business inventories
Net exports of goods and services
Exports
Gobds
Services
Imports
Goods
Government consumption expenditures and gross
investment.
Federal
National defense
Nondefense
State and local
Residual

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

2,559.4
1,596.6

2,708.4
1,6925

2581.1
1,799.1

3,069.2
1,902.0

3,1472
15585

3,293.9
2,0702

3,393.6
2,1475

35975
2,1975

35105
22795

3,702.3
2,4155

35165
2,532.6

3,891.2
2514.7

3573.9
2570.0

4,082.9
2,7145

4273.6
25295

4503.0
25515

4,630.6
3,020.2

321.6

3485

3972

430.6

4115

4335

4585

426.1

474.9

5315

5955

5465

4465

537.4

622.1

693.4

709.7

100.0

113.3

115.6

123.4

126.1

135.3

142.7

158.1

159.2

172.0

209.6

229.8

228.2

241.6

247.4

273.1

299.0

122.7

129.2

143.0

1642

176.2

202.5

214.0

223.1

235.0

261.0

272.6

265.3

235.4

281.5

311.6

338.6

344.3

7015

715.9

7375

8045

865.6

892.4

8875

8665

851.0

854.1

648.4

862.9

8765

876.8

884.7

9105

924.9

-38.0

-322

-25.4

-272

-38.7

-345

-28.4

-28.1

-195

-105

25

2.6

-115

-5.7

1.2

12.9

21.1

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

947.7

4,6205
3,0815
285.5
1,080.6
1,728.2
5872
610.4
464.3
207.2
260.3
140.1
-15.6
-14.1
311.4
2135
98.5
325.5
257.4
68.9
960.1

4503.7
3240.6
327.4
1,112.4
1,809.0
642.1
654.2
456.4
185.7
272.4
197.6
-5.7
-63.3
303.3
207.3
96.8
366.6
292.4
74.4
967.3

5,140.1
3,407.6
374.9
1,151.8
1,883.0
833.4
762.4
535.4
212.2
324.6
226.4
75.3
-1275
328.4
223.7
105.9
455.7
363.1
92.9
1,0184

55235
35665
411.4
1,178.3
1,977.3
8235
799.3
568.4
227.6
342.4
229.5
302
-1475
337.3
231.7
106.1
4852
385.9
99.7
1,080.1

5,487.7
3,708.7
448.4
1,215.9
2,041.4
8115
805.0
548.5
203.3
345.9
257.0
11.1
-1635
362.2
243.6
120.3
526.1
425.5
1002
1,135.0

5,6495
3522.3
454.9
1,239.3
2,126.9
8215
799.4
542.4
195.9
346.9
257.6
26.4
-156.2
402.0
270.5
133.4
558.2
445.2
113.1
1,165.9

5565.2
3572.7
483.5
1,274.4
22124
8282
818.3
566.0
196.8
369.2
252.5
11.7
-114.4
465.8
321.4
145.0
580.2
463.2
117.1
1,180.9

6,062.0
4,064.6
496.2
1,303.5
2,262.3
8635
832.0
588.8
201.2
387.6
243.2
33.3
-82.7
520.2
361.7
158.7
603.0
482.7
120.2
1,213.9

6,1365
4,132.2
493.3
1,316.1
2,321.3
815.0
805.8
585.2
203.3
381.9
220.6
10.4
-61.9
564.4
391.6
173.1
626.3
497.3
129.4
1,250.4

6,079.4
4,1055
462.0
1,302.9
2,341.0
738.1
741.3
547.7
181.6
366.2
193.4
-3.0
-225
599.9
419.2
180.8
622.2
497.1
125.3
1,258.0

6,244.4
42195
488.5
1,321.8
2,409.4
790.4
783.4
557.9
169.2
388.7
225.6
7.0
-29.5
639.4
448.7
190.7
669.0
544.9
124.1
1,263.8

6,389.6
4,3435
523.8
1,351.0
2,468.9
863.6
842.8
600.2
170.8
429.6
242.6
22.1
-702
658.2
463.7
194.5
728.4
602.0
126.5
1,252.1

6,610.7
4,486.0
561.2
1,389.9
2,535.5
975.7
915.5
648.4
172.5
476.8
267.0
60.6
-104.6
712.4
509.8
202.9
817.0
684.1
133.2
1,2525

35.0

429.4
316.5
113.3
531.4
-12.9

452.7
334.6
118.5
534.9
-20.4

463.7
348.1
115.9
555.0
-.7

495.6
374.1
121.8
584.7
-62

518.4
393.4
125.2
616.9
-9.0

534.4
409.2
125.3
631.8
-105

524.6
405.5
119.1
656.6
-25

531.5
401.6
130.1
682.6
2.9

541.9
401.5
140.5
708.6
5

539.4
397.5
142.0
718.7
-5

528.0
375.8
1522
735.8
0

505.7
354.4
151.2
746.4
-.9

486.6
336.9
149.5
765.7
-.3

IV

I

686.0

331.4

335.3

"3211

329.7

941.4

Government consumption expenditures and gross
Investment.
Federal
National defense
Nondefense
State and local
Residual

1981
4,720.7
3,046.4

628.3

Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential..
Change in business inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services

1980
4,615.0
3,009.7

Une

255

1947

1948

1950

1949

1951

Une
I
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross
investment.
Federal
National defense
Nondelense
State and local
Residual




1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

II

III

IV

1

II

III

IV

I

II

III

II

III

IV

I

II

14025 1,4245 1,4375 1,458.1 1,474.3 14935 1,4975 1498.9 1480.1 1474.1 1,490.7 1,4745 1538.2 15845 1.644.1 1.678.6 1,693.1 1,724.0
932.1
936.2
9554
9575
9715
9285
931.9
9462
9475
9735
9865 1,003.6 1,019.9 1.072.2 1.040.7 1,063.7 1,034.4
912.1

1585

1595

1645

196.7

2125

2215

2205

2095

1775

1524

1665

1565

1985

221.0

2404

2765

2445

251.6

79.5

79.3

75.6

67.0

63.8

57.7

59.0

56.9

63.8

63.3

58.0

50 2

49.3

49.9

51.2

55.3

58.2

63.9

48.7

49.1

43.2

455

515

53.7

56.7

55.8

53.9

532

51.0

51.9

53.1

56.1

69.5

69.5

69.5

67.2

2885

291.0

2935

2885

2944

307.7

313.0

326.1

334.7

3495

3532

3454

3392

3444

3375

3585

3944

4495

12.7

15.1

15.4

195

185

14.2

134

75

.7

-9.7

-9.1

-125

4

54

125

18.1

25

-55

Table 1.2.—Real Gross Domestic Product: Annual, 1929-94, and Quarterly, 1947-94—Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
1951

1952

1953

1954

1955

Line
III
1
2
3
4
5
6
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods
Imports

Government consumption expenditures and gross
investment.
Federal
National defense
Nondefense
State and local
Residual

IV

1

II

III

IV

1

II

III

IV

1

II

III

IV

I

II

III

IV

1,758.2 1,760.6 1,779.2 1,778.8 1,790.9 1546.0 1,882.6 1597.3 1,887.4 15585 1549.9 1,848.5 1568.9 1,905.6 1,959.6 1,994.4 2,020.1 25305
1,046.0 1,052.4 1,0555 1,075.8 15815 1,1175 1,131.1 1,139.1 1,137.7 1,132.1 1,135.9 1,148.2 1,164.0 1,1875 1,2125 1,236.7 1,252.3 1,268.6

232.7

212.4

216.6

1965

207.3

221.7

227.4

227.3

222.1

204.8

2035

201.7

212.0

2225

246.5

2635

266.4

271.7

65.3

64.8

68.0

60.5

55.8

56.2

55.2

55.6

57.8

55.9

53.4

61.1

59.1

61.8

64.1

62.6

66.7

67.0

7
8
9
10
11
12
13
14
15
16
17
18
19
20

61.4

59.9

66.9

66.5

70.5

76.7

75.1

78.8

78.5

74.6

70.2

76.5

72.2

72.9

76.9

81.4

82.9

85.9

501.0

529.1

547.0

566.1

571.7

579.8

5995

6135

606.2

601.8

585.8

565.2

551.8

5475

546.9

542.1

5445

531.8

21
22
23
24
25

-25.4

-38.2

-41.0

-63.9

-54.4

-625

-555

-59.2

-57.9

-61.8

-58.5

-51.2

-455

-40.9

-335

-285

-26.9

-22.7

1957

1956

1958

1959

1960

Line
1
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Government consumption expenditures and gross
Investment.
Federal
National defense
Nondefense
State and local
Residual

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

II

III

IV

I

II

III

IV

1

II

III

IV

1

II

III

IV

1

II

2,0235 2,037.7 2,033.4 2,0665 2,0775 2,071.9 2,094.0 25705 2,012.6 2,024.7 2,0725 2,1205 2,165.0 2,2235 2,221.4 2,231.0 2,279.2 2,2655
1,270.6 1,273.9 1,275.9 1,292.3 15015 1503.1 1,313.7 1,315.0 1,296.7 1507.1 1,327.7 1543.9 1,369.9 1591-7 1,407.2 1,4095 1,4225 1,439.6

263.1

2595

255.5

253.2

2485

248.0

255.1

2325

214.1

208.4

2265

248.9

260.4

285.4

265.3

2755

3045

271.7

70.2

74.9

77.5

81.0

86.3

83.7

81.3

78.8

70.8

71.0

71.5

71.6

68.6

70.1

75.8

72.9

83.2

86.7

895

88.9

89.6

85.9

92.4

93.2

91.3

91.5

92.5

96.5

95.6

101.3

102.4

108.0

109.4

106.7

110.5

1115

5335

5445

540.0

554.1

564.7

561.1

565.9

575.6

568.9

5845

587.9

599.9

610.2

621.1

6245

6185

6055

6135

-245

-265

-25.9

-285

-30.7

-30.8

-30.7

-39.7

-45.4

-49.8

-46.0

-42.4

-41.7

-375

-41.7

-385

-25.8

-345

1960

1962

1961

1963

1964

Line
III
1
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Change in business inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross
Investment.
Federal
National defense
Nondefense
State and local
Residual




2
3
4
5
6
7
8
9
10
11
12

IV

I

II

III

IV

1

2,2685 2,2385 2,251.7 25925 25325 25615 2,4225
1,4335 1,4345 1,4345 1,455.7 1,4635 1,492.8 15084

II

III

IV

1

II

III

IV

I

II

III

IV

2,4485 2,4715 2,476.7 2508.7 2,538.1 2,5865 2,6045 2,666.7 2,697.5 2,729.6 2,739.7
1,526.7 15395 15605 1571.2 1,5865 1,6075 1,621.1 15535 1,683.1 1,713.9 1,718.6

269.4

236.6

241.7

258.6

282.2

288.0

305.2

301.9

3065

295.0

313.1

316.2

3274

329.7

346.1

3445

349.1

3535

88.7

88.7

89.3

85.0

88.6

90.1

89.5

95.4

95.2

91.9

92.1

100.6

101.3

106.0

111.7

110.8

114.2

116.6

107.8

102.7

102.3

103.6

110.4

113.1

116.5

119.0

120.5

122.0

119.1

122.0

125.0

124.7

124.5

127.4

130.8

134.2

20

621.6

627.9

635.6

641.2

648.0

663.9

6745

682.4

691.4

6954

691.1

6945

7135

7085

7125

7214

714.9

714.7

21
22
23
24
25

-37.1

-46.7

-465

-44.9

-395

-40.7

-385

-39.4

-405

-445

-39.7

-375

-385

-36.1

-32.7

-345

-31.7

-29.9

13
14
15
16
17
18
19

Table 1.2.—Real Gross Domestic Product: Annual, 1929-94, and Quarterly, 1947-94—Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
1965

1967

1966

1968

1969

Line
II

1
Grou domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods snd services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross
Investment.
Federal
National defense
Nondefense
State and local
Residual..

1
2
3
4
6
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

III

IV

1

III

II

1

IV

II

III

2,808.9 2,846.3 23983 2,9703 3,042.4 3,0553 3,0763 3,102.4 3,127.2 3,1293
1,756.2 1,776.1 1,806.1 1358.0 1,885.6 1390.9 1,912.4 1,919.1 1,931.2 1,9573

IV

1

II

III

IV

1

II

3,154.2 3,178.0 3,236.2 3,292.1 3316.1 3331.2 3,3813 3,390.2
1,967.1 1,978.5 2,025.1 2,056.4 2,095.1 2,104.4 2,128.0 2,141.4

392.0

3913

4003

404.2

436.1

4293

426.7

4293

415.7

3993

4113

420.6

425.2

442.9

430.1

434.9

4633

458.9

102.5

118.7

116.6

124.7

123.1

122.2

123.0

125.1

127.0

125.6

124.4

127.3

130.3

132.5

140.7

137.6

123.2

149.5

129.4

144.7

145.3

152.5

156.3

160.2

169.3

171.1

173.6

172.4

174.8

184.0

194.7

197.7

209.6

207.8

188.3

225.3

713.8

728.4

7463

761.7

776.3

799.9

8123

8293

8643

860.2

865.4

8723

887.3

892.2

8933

896.6

891.6

8903

-26.2

-233

-253

-253

-22.4

-27.1

-28.8

-303

-37.4

-40.7

-39.4

-36.9

-37.0

-34.2

-333

-343

-35.9

-45.1

21
22
23
24
25

1969

1971

1970

1972

1973

Line
III
Grou domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Grass private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Government consumption expenditures snd gross
investment.
Federal
National defense
Nondefense..
State and local.
Residual

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

I

IV

II

III

IV

I

II

III

IV

1

II

III

IV

1

II

III

IV

3,409.7 3,392.6 33863 33913 3,423.0 3389.4 3,481.4 3300.9 3323.8 33333 3,604.7 3,6873 3,726.2 3,790.4 3,892.2 3,919.0 3,907.1 3,947.1
2,152.0 2,1683 2,1823 2,192.9 2,2113 2,204.6 2,2483 2,266.5 2,283.9 2,321.1 2352.0 2394.9 2,4303 2,486.1 2,530.4 2327.5 2339.9 2,532.6

468.2

4423

427.6

4273

435.9

413.8

465.0

480.6

484.1

470.0

502.4

5333

542.4

549.1

588.6

601.0

583.0

609.2

147.7

150.4

153.8

159.0

158.7

160.9

159.6

159.4

168.1

149.7

167.4

164.8

172.4

183.5

200.3

209.0

210.3

218.8

222.4

220.0

219.4

223.6

223.0

226.5

223.9

240.9

246.1

229.2

263.0

253.1

258.2

269.6

281.5

273.7

266.2

269.1

888.7

8783

8713

863.2

666.7

865.5

856.4

8523

8483

846.4

858.8

859.9

848.4

849.2

854.6

8523

839.1

847.7

-243

-28.0

-293

-27.2

-26.9

-28.9

-22.2

-17.2

-15.0

-24.2

-12.9

-11.9

- 9A

-7.9

-.2

23

1.0

7.9

I

II

1974

1975

1976

1977

1978

Line
1
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Grass private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports .
Goods
Services
Imports .
Goods
Government consumption expenditures snd grass
Investment.
Federal
National defense
Nondefense
State and local
Residual...




1
2
3
4
5
6
7
8
9
10
11
12

II

III

IV

I

II

III

IV

1

II

III

IV

III

IV

I

II

3308.1 3,922.6 3380.0 3354.1 3300.9 3,835.2 3,907.0 3,952.5 43443 4,072.2 4,088.5 4,126.4 4,1763 4,260.1 43293 4,3283 4,3453 4,510.7
2,674.2 2,6973 2,724.4 2,7603 2,7943 2,810.3 2,836.9 2377.6 2,893.1 2,9543
2312.7 23227 2,532.4 2,490.9 2313 2 23563 23913

2,6ia7

5653

561.0

5303

529.2

431.2

419.9

462.4

4723

519.7

5403

539.9

549.6

577.7

622.7

6523

6353

650.5

6913

226.4

236.4

225.0

231.1

230.5

220.9

224.7

236.7

235.9

238.1

244.7

247.7

243.8

250.1

252.2

243.6

249.5

275.5

13
14
15
16
17
18
19
20

260.6

271.1

266.1

263.4

237.3

218.4

236.6

249.3

265.2

276.5

287.5

296.8

310.8

313.3

309.1

313.4

334.4

335.1

8573

866.9

8613

8653

875.7

871.6

875.7

882.2

886.1

8763

8723

8713

878.1

887.6

887.4

885.8

8873

910.9

21
22
23
24
25

63

6.7

-3A

.7

-12.4

-15.1

-11.0

-8.6

-6.1

-43

-5.8

-6.4

-63

17

9.3

-.6

-.7

133

Table 1.2.—Real Gross Domestic Product: Annual, 1929-94, and Quarterly, 1947-94—Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
1979

1978

1980

1981

1982

Line

I

II

4,753.0 4593.8 4515.9 4,6343
4.552.1 4,603.7 4,605.7 4,615.6 4,644.9 4,656.2 4,679.0 4,566.6 4,562.3 4,651.9 4,739.2
2.968.2 2,990.6 3,008.1 3,003.5 3,028.7 3,040.2 3,037.2 2,968.8 2,9985 3,034.2 3,045.6 3,045.8 3,058.8 3,035.3 3,054.0 3362.1
281.4
280.5
1,075.5 1,075.9
1,710.7 1,718.1
677.1
6383
662.4
601.6
7045
7083
6895
614.5
570.7
6053
721.4
7173
722.9
710.7

Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports ot goods and services
Exports
Goods
Services ...
Imports
Goods
Services ...
Government consumption expenditures and gross
investment.
Federal
National defense
Nondefense
State and local
Residual

278.3

289.1

288.9

289.7

"3403

3447

"3445

'3457

9173

925.9

9163

9243

17.4

214

193

317.8

327.7

333.9

332.8

331.1

336.7

338.9

331.4

334.1

"mo

"3463

"3473

"3227

"29£4

"3154

"3285

"3294

"3253

334.9

925.6

932.9

9465

9483

936.4

934.4

946.1

947.7

9455

951.7

636.0
488.0
219.2
272.3
141.1
-21.9
-53
320.4
220.1
100.7
325.7
259.4
66.4
949.0

305

420.2
304.9
115.7
529.6
-6.7

299.7

20.4

22.7

22.1

233

253

233

293

1984

1983

31.4

395

38.7

612.8

469.6
211.9
261.2

136.5
-4.0
25
322.8
222.8
99.9
320.2
251.9
69.3
954.7
424.3
313.7
111.0
5313
-35
1986

1985

Line
I
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross
Investment.
Federal
National defense
Nondefense
State and local
Residual

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

4,663.0
3,1565
299.9
1,095.4
1,773.4
5833
608.4
435.9
189.0
249.5
170.8
-38.4
-29.8
298.9
202.5
98.0
328.8
259.6
70.0
978.4
444.6
326.8
118.3
534.1
-26.7

II

III

IV

4,7635
33203
322.7
1,104.7
1,801.6
617.7
633.4
440.6
179.9
262.5
192.9
-8.7

4,8493
3,267.1
334.9
1,120.0
1,819.1
661.4

-54.6
299.8
203.9
97.1
354.5
281.7
73.2
985.0

-783
304.3
207.3
98.0
382.2
305.6
76.6
1,0013

352.1
1,129.5
1,841.8
7253
706.1
490.0
189.9
301.1
216.3
26.1
•403
3103
215.4
94.2
401.0
322.7
77.8
984.1

465.1
335.4
130.4
536.6
-313

448.4
343.1
105.5
536.0
-113

III

IV

668.9
459.2
184.2
276.5
210.5
-.7

4525
333.2
119.8
532.7
-22.8

43393
3,318.6

1

III

II

I

II

III

5,1703
3,418.4
373.7
1,156.4
1,890.9
8503
773.9
546.3
217.4
330.5
226.6
80.3
-1305
332.0
226.6
106.3
462.5
368.0
94.9
1,0225

5,203.7
3,460.6
385.8
1,1613
1,9155
834.9
785.7
558.8
219.9
340.3
225.5
54.1
-137.7
338.3
233.8
104.6
476.1
377.5
99.3
1340.4

5,2573
3511.2
399.3
1,167.7
1,945.2
8165
792.9
564.6
229.3
337.3
226.9
29.5
-1273
338.7
231.9
107.6
466.0
366.0
101.3
1353.2

5383.7
35403
404.0
1,175.0
1,962.8
821.1
800.1
572.7
229.5
345.0
225.7
27.2

5,3595
3,602.1
429.6
1,181.5
1,989.3
8183
794.9
563.5
224.6
340.6
230.2
25.4

-151.6
337.3
231.6
106.3
489.0
387.6
101.9
1,0723

463.1
345.3
118.2
559.9

475.1
356.9
118.5
565.6
-13

4823
361.9
120.8
571.1
-3.9

4915
369.9
122.0
581.5
-73

II

III

IV

5,878.7
3,985.1
477.9
1381.0
2324.6
830.0
820.6
568.0
196.4
371.6
252.9
11.3
-1104
469.4
322.1
148.3
580.0
463.7
116.3
1,176.1
517.9
401.1
116.8
658.4
-3.7

53535
3354.0
365.9
1,135.7
1,855.2
8123
729.3
505.5
200.8
306.2
224.0
87.4
-1155
317.5
214.4
104.8
433.0
3463
86.7

5,132.9
33975
374.4
1,153.8
1,870.5
8355
760.7
530.8
210.8
321.5
229.6
79.3
-1255
325.7
219.8
107.7
4513
360.6
90.7

994.1

1,0165

450.8
342.8
108.1
543.8
-£5

IV

465.9
347.3
118.9
550.9
-3

1.1

-152.6
332.0
228.6
103.9
484.6
386.9
98.0
1,095.7

5,4603
3,6443
420.3
1,204.0
2,020.1
8553
809.3
563.8
222.3
343.0
245.1
52.9
-149.7
351.3
235.7
117.4
501.0
400.5
100.7

505.2
382.2
123.3
590.5
-8.2

503.4
382.4
121.2
595.6
-8.1

1
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross
investment.
Federal
National defense
Nondefense
State and local
Residual




1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

5,667.4

884.0
8063
552.0
2023
349.6
254.7
59.8

5,7853
3324.2
480.9
1354.9
2,185.8
8173
807.1
556.1
195.9
360.3
251.3
14.0

-1513
425.7
290.9
136.0
577.0
458.6
118.8

-1253
448.8
308.8
140.8
574.8
457.1
118.0

1,165.9

1,1815

1,1725

53443
3,952.2
482.6
1,266.8
2300.4
8233
819.0
567.1
199.1
368.0
2523
6.0
-106.9
461.4
317.5
144.7
568.3
452.9
115.6
1,1773

5343
414.7
119.5
632.0
-«3

542.2
413.3
128.9
639.6
-3.2

527.6
409.3
118.4
645.1
-5.1

5223
405.6
116.7
655.0
-2.1

-1613
377.7
251.1
128.9
5383
431.4
107.4
1,1514

55183
33143
4535
1340.6
2,1185
807.1
797.7
537.5
191.3
346.5
2603
14.8
-1603
3935
261.9
134.0
553.7
4403
113.1
1,1623

3,8523
472.1
13393
2,138.0
8063
809.5
553.8
199.4
354.7
256.2
1.4
-1523
411.1
278.0
134.8
563.2
450.2
113.1

526.9
399.7
127.4
626.8
-145

534.3
408.9
125.4
628.8
-13.1

55613
3,765.7
435.8
1,233.3
2,097.0
8085
784.2
526.2
190.0
336.7
258.8
29.7

1

III

IV

5,7505
33565
458.3
1343.2
2,154.1

II

5,9523
4,029.1
492.7
1,294.8
2,238.9
841.7
826.4
572.9
195.9
377.0
253.7
15.7
-1143
483.5
337.1
146.4
597.8
479.0
118.6
1,198.1
530.6
406.1
124.5
667.8
-2

1

II

6,011.0

63554
4347.4

43323
488.4
1,295.3
2,247.0
8705
831.9
579.5
199.8
379.7
252.6
413
-88.7

1,1935

496.8
1395.6
23523
873.1
830.9
586.6
1973
389.4
244.3
433
-793
522.0
365.6
156.1
601.9
482.4
119.3
1,211.1

521.4
394.4
127.1
672.3
1.4

532.0
402.4
129.7
679.4
43

502.0
347.2
155.4
590.7
471.7
119.1

III

IV

1,1083

5,466.9
3583.0
435.4
1315.5
2,030.5
8243
806.6
548.0
201.4
347.2
259.2
22.9
-167.1
355.9
240.5
116.8
523.0
426.3
95.9
1,1295

5,496.3
3,7423
472.6
1,217.0
2,047.0
781.3
800.4
538.7
194.2
344.8
262.5
-16.3
-173.9
364.1
244.3
121.7
538.1
436.3
101.1
1,1545

55263
3,7643
465.4
1,227.0
2,067.8
786.7
803.9
543.4
195.2
348.5
261.2
-15.3
-164.9
377.5
254.0
125.2
542.3
438.9
103.0
1,147.7

500.1
379.0
121.2
608.7
-7.7

514.8
392.1
122.9
615.1
-10.4

533.9
407.2
126.8
620.8
-6.9

524.8
395.2
129.8
623.2
-85

1989

1986

1987

I

5,393.6
3,612.1
412.6
1,189.3
2,011.8
841.8
809.1
572.9
227.6
346.9
235.1
38.5
-160.0
341.4
234.9
106.9
501.3
403.3
97.8
1398.9

1990

Line
II

IV

6,0883
4383.2
507.4
1,308.2
2,264.4
864.0
840.5
600.5
204.6
395.9
240.1
25.4

1

6,0935
4,095.0

6,1525
4,1233
5113
1,3193
2,295.7

-345
521.3
361.1
160.5
605.8
4853
120.6
13224

492.2
1,315.0
2385.8
8463
824.7
588.8
203.2
385.6
236.0
22.8
-773
535.5
372.9
162.8
6135
491.4
122.0
1328.4

537.7
407.4
1305
685.1
3.2

535.0
402.1
133.0
693.7
13

542.9
404.1
138.9
703.8
14

8424
834.7
595.3
2065
3883
239.4
10.9
-67.1
5553
3863
168.6
6223
494.2
128.5
1,2465

II
6,1715
4,134.7
495.4
1,316.9
2,321.1
853.4

III

IV

6,142.1
4,1485

6379.0
4,116.4

490.4
1,319.8
2,337.3
817.9

13433

803.1
588.1
205.2
383.0
214.9
14.9
-713
561.8
388.0
174.3
633.0
5033
1303
13463

476.3
1,308.4
2,331.2
746.1
774.4
573.9
196.0
377.9
200.3
-27.8
-425
573.9
397.0
177.3
616.4
487.9
129.0
13593

543.0
402.8
140.4
705.4
1.7

538.2
396.1
1423
708.7
.7

543.5
403.1
140.5
7165
-A

8113
583.4
205.5
377.8
227.8
43.6
-66.7
5663
394.8
1723
6335
504.0
129.8

Table 1.2.-fleal Gross Domestic Product: Annual, 1929-94, and Quarterly, 1947-94r-Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]

II

1
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross
investment.
Federal
National defense
Nondefense
State and local
Residual

III

IV

1

III

IV

1

II

III

IV

I

II

III

IV

6,6005

6,6295
4,4982

65885
4534.1

561.7
1,3932
2,543.8
9722
922.7
653.2
174.0
480.0
269.4
49.7

576.6
1,402.5
2,555.9

-111.1

-105.9

722.1
518.4
204.1
8332
700.0
133.5
1,268.1

747.3
540.4
207.5
853.2
720.4
133.2
1,2555

496.4
347.0
149.4
771.7

481.7
329.6
151.7
774.1

.6

5

6,175.7

6,2142

6,260.7

6527.1

65275

6559.9

65935

6,476.9

42865

45225

45985

504.0
1,337.5
2,445.3

519.3
1,347.8
2,455.9

4,366.6
529.9
1,356.8
2,480.0

65245
4,439.4

542.1
1561.8
2,494.4

550.7
1,378.4
2,510.9

555.8
15855
2,531.4

1

6,047.5

6,074.7

6,090.1

6,1055

2
3
4
5
6
7
8
9
10
11
12

4,0845
458.6
1,300.6
2,325.3

4,1105
460.5
1,308.0
2,341.5

4,109.1

4226.7

481.1
1,312.0
2,403.2
7925

491.9
1,321.1
2,413.6
7985

4,2825
505.0
1,339.8
2,437.6
812.2

8455

846.1

858.6

904.0

9395

9875

742.6
555.1
192.2
362.9
187.4
-17.1

7185
739.4
550.9
187.2
363.8
188.3
-20.7

461.5
1295.7
2,352.0
763.2

4,173.8
476.1
1,314.4
2,3832
7582

4,196.4

725.1

4,1195
467.3
1,307.1
2,345.0
7455
741.0
545.3
175.5
369.8
195.6
4.7

742.0
539.5
171.4
368.1
202.4
21.3

758.3
544.4
172.7
371.7
213.9
-.5

782.4
557.5
171.0
386.4
224.9
11.0

787.3
560.6
167.4
393.1
226.7
12.0

805.8
569.1
165.6
403.5
236.7
5.6

814.8
577.8
168.0
409.8
237.0
32.3

831.1
595.1
170.3
424.9
236.1
16.6

844.5
602.3
171.7
430.7
242.2
15.3

880.8
625.6
173.1
452.9
255.1
242

887.8
6262
166.3
460.6
261.3
53.1

913.2
6412
174.5
467.3
271.5
75.9

13
14
15
16
17
18
19

-245

-17.1

-295

-17.9

-145

-325

-83.1

-805

-975

603.6
420.0
183.8
633.4
509.4
124.1

623.5
433.7
189.8
641.4
515.9
125.6

633.0
440.3
192.8
647.8
5212
126.7

635.8
445.1
190.7
668.3
543.6
124.7

660.1
465.3
194.8
722.7
597.8
124.9

646.3
452.0
194.2
729.4
603.1
126.3

679.1
483.5
195.9
759.7
628.3
131.4

676.0
479.1
197.0
773.6
641.4
1325

-103.9
704.1
5012
203.1
808.0
674.6
133.6

1,2635

1255.1

1,250.7

12585

12575

1,2665

12725

-54.7
647.2
454.1
193.1
701.9
578.7
123.3
1,250.1

-625

600.3
419.8
180.6
617.4
490.8
126.8

-305
639.7
448.3
191.3
670.5
5525
117.7

-40.0

572.3
403.3
168.9
596.6
4722
124.8
1,2625

1,253.1

1,2505

1254.7

12415

12435

523.3
373.3
150.0
734.2
-.4

529.6
378.7
150.9
736.9
-.7

534.0
376.8
157.1
738.5

512.1
3592
152.9
738.0

507.8
356.7
151.1
745.3

501.3
350.8
150.4
753.4

4872
335.1
151.9
754.7

.9

-15

-15

501.5
351.1
150.3
749.1
-.4

481.2
335.9
145.1
762.2
-.9

20
21
22
23
24

547.3
408.4
139.0
715.5

25

-5

547.1
405.0
142.2
716.8
-7

536.3
395.0
141.4
718.8
-A

526.9
381.7
145.3
723.8
.1

525.1
3742
150.8
7335
5

NOTE—Chained (1992) dollar series are calculated as the product of the chain-type quantity index and the 1992
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
The residual line is the difference between the first line and the sum of the most detailed lines.




II

1994

1993

1992

1991
Line

649.1
461.0
188.2
689.1
561.8
127.4

-15

4,4722

1,003.0
938.5
672.9
175.0
499.1
265.9
63.6

Percent changes from preceding period for selected items in this table are shown in table 8.1; contributions to
the percent change in real gross domestic product are shown in table 8.2.
Chain-type quantity indexes for the series in this table appear in table 7.1.

Table 1.2A.—Real Gross Domestic Product, Chained (1937) Dollars: 1929-47
[Billions of chained (1937) dollars]
Line
Grass domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Grass private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and grass Investment
Federal
National defense
Nondefense
State and local
Residual

Personal consumption expenditures
Durable goods
Nondurable goods
Services

1930
87.3

2

63.0

3
4
5
6
7
8
9
10
11
12

52.7

7.3
30.8
24.8
12.0

6.1
29.4
24.2

52
29.2
23.4

3.8
26.5
212

7.7

45

3.9
26.9
21.9
1.3

13.3
9.8
5.0
5.0
3.6
2.4

10.2
8.1
4.3
4.0
2.2
-1.2

7.1
5.3
2.7

4.1
3.2
1.7
1.5
1.0
-4.6

3.6
2.9
1.3
1.6
.8
-2.5
-1

2.6

1.8
-1.6

.7

A

1

3.9
3.5
.4
3.5
2.7
.9

3.3
2.9
.4
3.1
2.3
.7

20

9.1

10.1

105

21
22
23
24

1.8
1.0
.8
7.2
-15

2.0
1.0
1.0
7.9
5

2.1
1.0
1.1
8.3
.4

1939
955

2

694
6.7
37.6
25.1

Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross Investment

13
14
15
16
17
18
19

105
9.1
6.1
2.3
3.8
2.9
.2
5
4.2
3.7
5
3.2
2.6
.6

20

145

21
22
23
24

5.9
1.5
4.4
9.0
1.2

25

103.9
73.0
7.8
39.2
26.0
14.4
10.9
7.6
2.6
5.0
3.3
2.9
1.4
4.7
4.3
.5
3.3
2.8
.6
15.1
6.4
2.5
3.9
8.7
5

NOTE.—Chained {1937) dollar series are calculated as the product of the chain-type quantity index and the 1937
current-dollar value of the corresponding series, divided by 100. Because the formula lor the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
The residual line is the difference between the first line and the sum of the most detailed lines.

63.7
51.4

785
9.0
41.9
27.4
175
12.4
8.9
3.1
5.8
3.5
5.1
.8
4.9
4.4
.5
4.1
3.3
.8
24.9

5.5
42.6
28.5
95
7.0
5.3
1.9
3.4
1.8
2.2
-.5
3.2
2.7
.5
3.7
2.3
1.3

16.9
13.7
32
32

595
53.4
50.4
2.7
7.4

0

-15

1938
91.8

88.4

585
5.4
30.4
22.7

64.4

665

65.7

6.6
34.0
23.8

6.9
35.2
24.7

5.7
35.7
24.4

75

9.8

12.2

7.9

6.1
4.6
1.6
3.0
1.5
1.3
-.5

8.1
6.2
2.1
4.1
1.9
1.4

9.5
7.5
2.7
4.8
2.1
2.7

7.6
5.5
2.2
3.3
2.1
-.5

-5

0
4.0
3.5
.6
4.0
3.2

.9
4.0
3.5
.5
3.1
2.4
.7
13.7

.1
2.9
2.5
.4
2.7
2.1
.6

3.0
2.6
.4
3.6
3.0
.6
114

3.2
. 2.7
.4
3.5
2.8
.7

115

13.2

12.7

3.5
.9
2.7
7.5
5

1943

1445
76.4

1937
87.2

4.7
3.6
15
22
1.1
-1.0

9.8
2.6
1.0
1.6
7.1
1.4

1942

1215

1936
77.1

55.1
4.4
28.7
22.0
4.1

2.6
2.3
.3
2.7
2.1
.6

10.1
2.1
1.0
1.1
7.9
2.2

1935
705

2.1

0
2.8
2.3
.3
2.6
1.9
.7

1941

1940

1
3
4
5

1934

57.8

4.8
4.3
.5
4.1
3.1
.9

25

1933

645

6
7
8
9
10
11
12




1932
74.4

Gross private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories

Federal
National defense
Nondefense
State and local
ResMusI

1931

79 4
59.7

13
14
15
16
17
18
19

Une
Gross domestic product

1929

1

3.6
1.1
2.5
7.7
A

5.5
1.3
4.2
7.7

5.0
1.3
3.7
7.7

.4

0

1944

1945

1946

168.1

1815

1795

785
4.8
44.0
30.0
5.4

805
4.4
45.8
31.0
65
6.7
5.8
1.6
4.0
.9
-.7

5.4
4.4
1.4
3.0
1.1
-.7

.8

1947
157.9

855

159.8
96.4

4.9
49.0
32.1
8.9

9.4
51.7
35.1
22.9

11.2
50.3
36.8

16.6
11.8
4.8
7.0
4.5
4.9
45
8.8
7.8
1.0
4.3
3.1
1.1

20.0
13.8
4.4

30.2

25.1
16.1
13.2

-2.0
2.7
2.1
.5
4.7
2.6
1.9
894

100.3

9.1
8.2
2.4
5.8
1.1
-1.6
-1.1
4.1
3.4
.6
52
2.7
23
87.6

84.6
82.2
2.1
6.8

96.3
93.6
2.2
6.5

82.8
80.6
1.9
6.7

22.4
19.5
2.6
7.4

-45

-6.2

-2.4

8.3

-2.0
2.9
2.2
.5
4.9
2.7
2.0

5.5
1.3
4.2
8.1
1.0

985

22.0

6.0
10.1
i!i
4.1

105

Percent changes from preceding period for selected items in this table are shown in table 8.1; contributions to
the percent change in real gross domestic product are shown in table 8.2.
Chain-type quantity indexes for the series in this table appear in table 7.1.

Table 1.2B.-fleal Gross Domestic Product, Chained (1952) Dollars: Annual, 1942-62, and Quarterly, 1947-62
[Billions of chained (1952) dollars; quarters seasonally adjusted at annual rates]
1942

Line
Gross domestic product
Personal consumption expenditures

2
3
4
5
6
7
8
9
10
11
12

Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross
Investment.

13
14
15
16
17
18
19
20

Federal
National defense
Nondefense
State and local
Residual

21
22
23
24
25

83.7
77.5
5.4
15.8
-13

Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross
Investment.
Federal
National defense
Nondefense
State and local
Residual

1

285.2
188.0

297.2
192.1

10.5
99.8
53.9
17.6
20.6
18.0
5.8
12.0
2.7
-2.9
-4.7

23.6
102.4
61.9
43.6
45.0
30.2
10.4
19.8
14.9
-1.2
10.3

25.1
102.7
64.2
55.4

17.9
15.2
2.7
10.7
8.4
2.3
51.7

205
17.5
2.9
10.2
8.1
2.1

35.2
30.0
5.2
15.7
.2

9.3
93.1
52.1
13.4
15.0
12.8
4.3
8.4
2.3
-1.2

171.5

8.2
6.6
1.6
12.9
7.3
4.8
149.8

132.7
126.3
4.2
14.4
35

151.0
144.0
4.4
13.9
3.0

129.9
123.9
3.7
14.2
4.4

-63
5.8
4.4
1.4
12.2
7.3
4.2

1954

1955

2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

63.9
55.6
8.3
25.7
A

Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories

1
2
3
4
5
6
7
8
9
10
11
12

Net exports of goods and services
Exports
Goods
Services ..
Imports ,
Goods
Services...
Government consumption expenditures and gross
tnuMtment
IIIVC91I6ICIH*

13
14
15
16
17
18
19
20

Federal
National defense
Nondefense
State and local
Residual

21
22
23
24
25




51.5
32.6
12.3
20.3
18.9
9.0

51.0

3.1
17.1
14.2
3.0
14.1
10.6
3.4
69.4

50.5
31.9
125
19.7
18.6
3.5
1.0
16.3
13.4
2.9
15.3
10.8
4.5
833

25.2
20.3
5.0
17.9
-.2

27.0
20.3
6.9
19.1
-13

29.4
21.1
8.6
22.0
-.4

27.6
20.6
7.2
23.9
-1.0

45.4
39.3
6.1
24.1
-3

59.4
52.5
6.9
24.5
0

1959

1958

IV

2863
189.1
23.5
103.4
62.0
42.2
44.6
29.6
10.5
19.0
15.1
-25
-3.4
20.6
17.5
3.0
9.4
7.5
1.9

423

284.0
188.4
23.2
103.0
62.2
413
43.0
30.1
10.4
19.7
13.0
-1.8
-3.1
21.6
18.4
3.1
10.7
8.7
2.1
43.1

43.5

290.7
189.2
25.2
102.0
61.8
503
48.5
30.5
10.4
20.1
18.0
2.5
-2.2
185
15.4
2.9
9.9
7.6
2.3
423

25.3
20.8
4.7
17.4
-3

25.5
19.5
6.1
17.7
.1

25.5
20.5
5.1
18.1
3

24.6
20.4
4.2
18.4
-.8

1960

1961

49.5
42.6
6.9
30.9
-.4

51.2
44.4
6.8
32.7
3

51.2
44.2
7.0
35.5
13

54.9
45.4
9.5
36.7
3

53.2
44.5
8.7
38.2
.7

IV

293.9
1975
26.8
104.4
66.0
39.1
44.5
29.3
10.8
18.4
15.3
-6.6
-13
175
14.5
2.7
11.6
8.9
2.7

297.2
1973
28.1
103.6
65.8
42.7
44.4
27.8
10.4
17.4
16.6
-2.2
-.7
15.8
13.3
2.4
11.1
8.6
2.5
523

293.9
2003
29.1
105.0
66.0
40.1
45.9
27.3
10.1
17.2
18.6
-6.0
.2
13.6
11.5
2.1
11.3
8.9
2.4

483

295.0
194.2
24.5
104.2
65.6
45.6
45.9
30.4
11.1
19.4
15.6
-.1
-1.0
17.3
14.7
2.7
11.7
9.1
2.6
493

28.7
20.8
8.1
19.8
-1.6

29.2
21.3
8.1
20.6
-.8

30.3
21.6
8.9
21.8
-.2

29.9
21.5
8.7
22.7

293.9
1903
24.9
102.0
63.0
54.6
50.0
32.3
10.6
21.8
17.8
4.9
-13
17.3
14.7
2.7
11.2
8.9
2.4
43.6

297.8
192.0
25.0
103.0
63.9
56.9
49.9
31.1
10.9
20.3
18.8
7.7
-A
15.7
13.2
2.5
11.7
9.2
2.5
453

298.4
192.4
25.5
102.2
64.8
563
49.3
315
115
20.0
18.2
8.1
-.2
16.0
13.5
2.6
12.4
9.4
2.8

2983
193.9
25.1
103.6
65.3
533
48.7
32.0
11.3
20.7
16.8
5.5
-.1
15.5
12.9
2.5
12.2
9.4
2.7

463

25.4
20.4
5.1
18.4
-1.0

26.8
20.2
6.8
18.9
-1.7

27.3
19.9
7.6
19.3
-1.9

I

513

1962
4893
3113
44.2
148.4
117.4
773
70.9
44.0
17.9
26.1
27.1
6.8
-3
25.3
20.2
5.0
26.1
18.0
8.1
101.6

55.3
46.3
9.0
40.6
13

59.9
49.1
10.8
41.8
3

1950
III

IV

54.0

95.8

1949
III

29.3
114.7
75.7

4613
296.6
39.6
143.8
111.8
68.7
65.1
40.5
17.1
23.4
24.7
3.0
.6
24.0
19.4
4.6
23.4
15.7
7.7

41.1
141.2
107.5
69 A
65.4
40.9
16.9
24.0
24.6
3.7
0
23.6
19.3
4.3
23.6
15.7
7.8
91.4

II

II

1

14.0
11.6
2.3
13.5
10.8
2.7

451.1
290.7

1948
III

279.6
185.1
22.6
101.1
61.4
40.8
44.0
30.5
10.4
20.2
13.6
-3.3
-35
21.6
18.7
2.8
10.6
8.5
2.1

54.0
31.3
11.4
19.9
22.6
6.4
.4

43.0

49.5
31.7
11.0
20.7
17.9
6.5
4.3
16.1
13.6
2.6
11.9
9.2
2.6
45.9

38.6
129.9
90.8
66.2
62.0
39.6
16.3
23.4
22.3
4.1
1.4
20.6
17.2
3.5
19.3
12.9
6.4
80.4

1947
II

I

358.6
219.7

440.6
283.0
40.3
139.1
103.0
69.7
64.9
38.7
15.7
23.0
26.5
4.6
-3.7
19.5
15.6
3.9
23.2
16.0
7.3
91.6

Line

1952

345.7
212.9
30.1
110.4
72.5
60.4

4105
267.7
35.5
133.6
97.8
573
56.8
35.7
15.3
20.5
21.1
-.2
-1.7
19.4
15.7
3.6
21.0
13.6
7.4
863

50 5
42.8
7.4
30.0
-.6

55.3
47.5
7.9
27.9
1.1

1951

321.2
209.9
33.1
107.5
69.1
60.1

4143
265.5
33.6
132.3
94.3
63.1
61.4
40.4
16.3
24.1
20.9
1.0
23
22.4
18.5
3.9
20.1
13.3
6.8
83.9

406.7
259.4

40.3
125.6
86.4
675
62.2
37.9
14.7
235
24.2
4.9
-.1
17.7
14.6
3.1
17.8
11.8
6.0
80.1

235.2
33.1
119.8
82.2
53.9
55.0
34.1
13.8
20.4
20.8
-2.1
.1
16.0
13.3
2.7
15.9
10.6
5.3
83.3

1950

295.0
197.3
27.1
104.3
65.9
41.9
455
28.7
10.6
18.1
16.5
-3.5
4.5
16.0
13.5
2.5
11.4
8.9
2.5
51.2

1957

1956

398.9
252.2

372.4

375.0
230.3
33.1
118.4
79.0
563
54.2
34.9
13.3
21.6
19.3
2.0
-13
15.3
12.5
2.7
16.7
11.5
5.3
89.6

1949

288.6
1843
19.9
105.2
59.0
45.4
37.4
25.9
11.5
14.5
11.6
8.6
75

3243
164.1

12.2
9.6
3.3
6.3
2.7
-1.2
-35
5.4
4.1
1.3
11.6
7.0
3.9
1523

1953

Line

1948

1947

1946

1945

327.9
154.4

303.6
150.1
10.1
89.5
50.4
10.7

11.6
86.7
47.9
18.5
15.8
11.5
4.5
7.0
4.6
3.9
-2.7
6.5
5.2
1.2
9.2
6.1
2.8
102.4

Durable goods
Nondurable goods ...
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories

1944

1943

260.9
146.1

1

-.1

1

II

III

IV

51.1

306.6
203.7
30.3
106.3
67.0
51.0
48.8
28.1
10.6
17.5
20.8
2.3
.4
13.4
11.1
2.3
11.6
9.1
2.5
50.2

315.9
2073
30.5
107.5
69.0
56.7
53.4
30.6
11.1
19.5
22.8
3.5
.6
13.6
11.3
2.3
12.2
9.6
2.6
51.0

327.7
217.6
38.2
109.4
69.9
61.7
57.4
33.3
113
21.6
24.0
4.7
1.9
13.9
11.6
2.3
15.2
12.4
2.7
49.9

334.6
2115
33.4
107.1
70.7
703
565
33.3
12.1
21.2
22.9
15.0
13
15.0
12.6
2.4
155
12.2
3.0
533

28.4
20.2
8.5
23.1
-3

27.0
19.3
8.0
23.7
-.9

27.5
19.3
8.5
23.9
-1.0

26.4
20.6
6.0
23.9
-1.1

29.5
23.3
6.3
23.9
-1.1

Table 1.2B.—Real Gross Domestic Product, Chained (1952) Dollars: Annual, 1942-62, and Quarterly, 1947-62—Continued
[Billions of chained (1952) dollars; quarters seasonally adjusted at annual rates]
1951

1952

1953

1954

Line
1
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Grass private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and grass
investment.
Federal
National defense
Nondefense
State and local
Residual

II

III

IV
3515
2135
28.3
112.2
73.1

354.7
2142
28.7
111.5
74.1

545
50.1
32.4
12.0
20.4
17.7
4.5
-.5

555
50.6
32.4
12.0
20.4
182
5.1
-.1

17.6
14.5
3.1
13.1
92
3.8
785
54.1
47.7
6.4
242

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

337.5
215.9
34.3
109.8
71.7
62.7
54.0
32.3
12.1
202
21.7
9.0
12
15.8
13.1
2.7
15.2
12.0
32
58.4

343.7
209.9
29.2
108.5
72.2
645

J
17.4
14.4
2.9
14.6
11.5
3.2
665

3505
2125
28.5
111.0
725
59.7
50.6
33.0
12.4
20.6
17.6
9.2
-.4
17.7
14.7
3.0
13.4
9.9
3.5
74.2

21
22
23
24
25

35.0
29.3
5.7
23.7
-£

42.6
36.4
6.2
24.1
-.5

50.0
43.8
62
242
-.2

51.4
32.7
12.5
20.2
18.8
13.3

I

II

III

IV

3575
219.4
27.3
115.9
76.1
53.2

3685
226.7

18.5
15.3
3.2
14.6
10.3
4.2
815

3545
2185
29.2
114.1
75.1
505
51.3
32.8
12.1
20.7
18.5
-1.0
5
16.4
13.4
3.0
14.5
10.5
4.0
835

56.7
49.7
7.0
24.3
-.1

59.0
52.4
6.6
245
2

1955

II

III

IV

378.2
231.2

3765
230.9
332
118.1
79.6
57.0
54.4
35.4
135
22.1
18.9
22

370.4
2295
32.6
118.0
79.1
525

48.3
29.9
12.2
17.7
18.3
5.1
15
15.2
12.5
2.7
15.4
10.9
4.5
84.6

31.9
117.5
77.4
565
51.9
32.5
12.6
19.9
19.3
4.9
2.1
15.3
12.7
2.6
16.7
11.6
5.1
855

3755
229.6
33.2
118.4
78.0
585
54.0
34.4
13.0
21.4
19.6
4.1
2.1
15.0
12.2
2.8
16.4
11.4
5.0
885

2.1
15.7
13.0
2.7
17.1
11.7
5.4

60.5
53.6
6.9
24.1
-.1

61.2
54.3
6.9
24.7
.1

63.5
55.9
7.6
25.2
.1

65.6
56.5
92
25.2
5

1

I
I

III

IV

Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Grass private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross
Investment.
Federal
National defense
Nondefense
State and local
Residual

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

II

III

IV

3905
246.1
38.1
122.9
85.1
635
59.5
35.1
142
20.9
24.5
3.4
15
17.4
14.5
2.9
165
11.4
5.4

397.6

4045
2575

815

805

402.7
2542
41.9
126.0
86.5
684
63.5
39.2
15.0
24.2
24.3
45
1.7
18.1
15.0
3.2
18.1
11.6
6.5
805

21
22
23
24
25

515
44.1
72
29.6
-.1

502
42.7
7.6
30.1

50.6
42.9
7.7
30.0
-.7

2515
405
125.0
85.7
675
622
375
14.5
225
24.8
5.2
25
17.0
14.1
3.0
17.7
11.5
62

332
118.9
79.1
585
54.4
34.7
13.3
21.4
19.7
3.7
2.4
15.1
12.4
2.7
17.2
12.1
5.1
90.8

1956
I

II

III

IV

3685
2335
32.7
118.5
81.7
515

379.9
241.0
35.0
122.0
83.9
57.1

53.9
33.7
13.8
19.9
20 2
-3.3

372.6
2362
33.0
120.0
83.1
544
55.8
34.4
13.8
20.6
21.4
-2.5

89.7

15
15.2
12.5
2.6
16.3
10.7
5.6
89.1

3685
2305
31.5
118.9
80.0
52.2
53.2
34.2
13.7
20.5
19.0
-1.8
1.7
14.5
11.8
2.7
15.3
10.3
5.0
86.7

1.6
16.6
14.0
2.7
16.7
11.3
5.4
83.7

14
16.1
13.2
2.8
15.7
10.4
5.3
81.7

57.0
34.3
13.7
20.5
22.8
-.9
12
16.8
14.0
2.8
15.9
10.4
5.6
81.1

63.9
55.8
8.1
25.8
4

62.6
54.3
82
26.5
5

59.3
50.7
85
27.4
1.1

56.1
48.6
7.5
27.5
14

53.4
46.1
7.2
28.3
12

52.6
44.4
8.2
28.4
5

54.0
35.2
13.6
21.7
18.8
-2.2

1958

II

III

IV

4062

4054
2585
37.8
129.7
91.3
655
62.0
39.9
16.5
23.4
22.1
3.3
15
21.1
17.6
3.5
19.5
12.7
6.9
795

414.1
264.0
39.6
131.1
93.2
635
61.7
40.1
16.3
23.8
21.4
1.6
5
23.4
19.6
3.8
20.1
13.1
7.1
83.6

4174

2585
38.7
129.5
902
66.7

411.9
2625
38.8
130.6
92.6
655
61.6
39.8
16.4
23.3
21.7
3.1
5
22.0
18.4
3.7
18.7
12.9
5.9
825

4135

40.8
128.6
88.2
69.7
63.5
40.2
15.3
24.8
23.3
6.4
2.0
18.2
15.0
3.2
18.7
12.8
6.0
78.7

4034
2575
38.9
129.9
89.1
675
61.9
392
15.8
23.4
22.7
5.8
25
19.1
15.8
3.3
19.4
13.2
6.2
78.9

2645
38.7
131.7
93.8
63.6
61.2
40.1
16.3
23.8
20.9
1.9
1.0
22.7
19.0
3.8
20.3
13.3
7.1
83.1

2685
38.3
133.6
94.4
655
61.9
41.1
16.3
24.8
20.6
32
1.0
22.1
18.3
3.8
19.9
13.0
6.9
835

4125
266.9
38.0
132.9
95.6
59.7
60.8
40.1
16.2
23.9
20.6
-2.5
15
21.4
17.1
42
19.9
13.7
6.3
852

48.6
41.4
7.2
30.2
-5

48.5
41.4
7.1
30.5
-5

49.7
42.5
72
30.8
-4

49.0
42.6
6.4
31.0
-.1

50.8
43.9
6.8
31.3
-.1

51.6
44.1
7.5
32.1
2

50.8
44.4
6.3
32.4
.4

51.0
44.9
6.1
32.8
5

51.6
44.3
75
33.6
1.4

62.3
39.7
16.4
23.3
22.5
4.3
14
20.4
16.9
3.4
19.4
12.8
6.6
805

1959

I

1957

Line
I

1

1960

I

II

III

IV

4012
263.2
35.4
131.3
95.8
54.9
56.8
37.0
15.8
21.2
19.8
-3.2
25
192
155
3.4
20.2
13.0
7.2
842

4035
2655
34.7
132.3
97.5
535
55.1
35.3
15.3
20.0
19.8
-2.9
25
19.3
15.6
3.7
21.0
13.2
7.8
865

413.1
2694
35.4
134.6
98.8
582
55.9
34.7
14.9
19.8
21.3
1.5
25
19.4
15.8
3.6
20.8
13.5
7.3
875

422.7
272.7
36.7
136.2
99.2
635
59.4
36.1
152
20.9
23.5
3.8
3.1
19.5
15.7
3.8
22.1
14.7
7.4

49.7
435
5.9
34.6
15

51.5
442
72
35.1
25

51.3
44.3
7.0
35.8
12

52.4
44.5
7.9
36.5
1.0

1

II

III

IV

4925
3124
442
148.9
118.0
785
71.9
44.8
18.4
26.3
27.3
72

493.7
316.7

24.3
19.5
4.8
2S.4
17.5
8.0
995

488.0
3095
43.8
147.8
116.9
775
71.3
44.2
17.9
262
27.3
6.1
24
25.9
20.8
5.1
25.9
18.0
8.0
1015

25
25.9
20.8
5.0
26.3
185
8.0
1024

462
1495
119.4
75.7
71.4
44.4
18.0
26.4
272
4.0
3.1
25.0
19.7
52
26.6
18.3
8.3
1025

58.8
49.1
9.7
412
5

59.7
492
10.4
415
15

605
49.0
11.4
42.0
5

605
48.9
11.6
42.4
15

1961

885

1962

Une
I
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Grass private domestic Investment
Fixed investment
Nonresidential
Structures
Producers'durable equipment
Residential.
Change in business inventories
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
Government consumption expenditures and gross
Investment.
Federal
National defense
Nondefense
State and local
Residual

II

III

IV

1

II

III

IV

4425
2855
41.7
139.5
103.8
68.1

4544
288.7

66.1
39.7
16.0
23.5
26.7
12

444.7
286.0
39.5
140.5
105.3
70.7
65.3
39.7
15.9
23.6
25.9
5.1

4462
2912
40.4
141.2
108.5
60.7

291.1
38.0
142.2
109.6
62.0

67.5
41.1
16.6
24.4
26.6
11.7

4515
2922
41.8
142.1
107.4
69.7
66.0
41.6
165
245
24.4
3.1

63.9
40.3
17.5
23.0
23.7
-6.0

63.1
39.5
17.4
222
23.8
-2.4

15
24.1
19.7
4.4
22.4
14.8
7.6
935

14
24.3
19.8
4.4
22.3
14.6
7.7
94.1

54.0
445
9.5
39.1
25

53.9
45.6
8.3
40.3
22

1
2
3
4
5
6
7
8
9
10
11
12

4315
2785
39.3
137.7
100.5
665
62.9
37.0
15.1
22 2
26.3
3.8

4432
2824
40.8
138.8
102.3
732
65.2
38.4
15.6
22.8
272
82

13
14
15
16
17
18
19
20

35
18.7
14.7
3.9
225
15.1
72
905

35
19.0
15.2
3.9
235
16.3
7.3
925

35
20.6
16.7
3.9
23.9
16.6
7.3
924

35
19.8
15.9
3.9
23.3
16.0
7.3
915

25
22.6
18.4
42
24.1
162
7.9
895

25
23.6
19.3
42
24.2
16.4
7.8
905

4522
2905
415
141.1
107.4
69.1
642
40.5
16.8
23.8
23.7
4.9
25
24.1
19.7
4.4
23.5
155
8.0
925

21
22
23
24
25

53.7
45.4
8.3
36.8
0

555
452
10.1
365
0

55.7
45.7
9.9
365
12

55.1
45.3
9.7
36.6
5

52.6
44.4
8.1
372

52.9
44.3
8.6
38.1
15

53.5
44.7
8.8
385
5

40.9
140.5
106.5
78.1

-a

NOTE.-Chained (1952) dollar series are calculated as the product of the chain-type quantity index and the 1952
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-doUar estimates are usually not additive.
The residual line is the difference between the first line and the sum of the most detailed lines.
Percent changes from preceding period for selected items in this table are shown in table 8.1; contributions to
the percent change
for FRASER in real gross domestic product are shown In table 8.2.

Digitized


I
448.9

II

III

IV

4565
2954

4655
2975
39.8
143.7
112.1
724

474.6
3035
41.8
145.8
114.1

38.8
143.6
111.6
664
63.9
402
17.1
23.1
23.8
1.6

945

65.5
40.5
17.1
23.4
25.1
7.0
25
24.1
19.4
4.6
24.1
165
7.6
955

735
67.7
41.9
17.0
24.9
26.0
5.8
24
24.5
19.8
4.7
24.6
16.9
75
985

54.9
45.9
9.0
40.1
15

55.6
48.4
92
40.4
5

565
47.4
9.4
415
12

15
23.1
18.5
4.6
22.6
14.9
7.7

Chain-type quantity indexes lor the series in this table appear in table 7.1.

482.9
306.1
42.6
147.0
115.1
785
69.1
42.8
17.3
25.5
26.5
9.8
25

Table 1.2C.—Real Gross Domestic Product, Chained (1972) Dollars: Annual and Quarterly, 1962-82
[Billions of chained (1972) dollars; quarters seasonally adjusted at annual rates]
Line
Grass domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories

1962

1

...

13
14
15
16
17
18
19
20

Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services ,
Gross private domestic Investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories

1
2
3
4
5
6
7
8
9
10
11
12

Net exports of goods and services
Exports
Goods
Services ...
Imports
Goods
Services...
Government consumption expenditures and gross
investment.
Federal
National defense
Nondefense
State and local
Residual

126.1
103.2
23.2
90.5
-8.1

21
22
23
24
25
Line

1,1005
660.4

72.6
246.1
255.2
153.6
142.4
94.7
41.7
53.8
47.9
12.1
3.9
44.5
34.5
10.0
40.7
28.7
11.9
232.2

78.8
259.5
268.2
166.5
150.1
106.3
44.5
62.2
43.6
17.0
47.5
36.9
10.5
46.7
33.2
13.5
253.3

80.0
263.7
281.2
159.2
147.1
104.6
43.4
61.5
42.2
12.8
-15
48.5
37.1
11.4
50.1
35.0
15.1
2725

88.8
275.6
295.7
1675
157.3
109.1
44.0
65.3
48.0
10.8
-6.5
52.1
40.0
12.0
57.6
42.2
15.4
281.0

123.5
94.3
29.3
109.4
-3.5

137.6
108.1
29.7
116.4
-3.1

151.2
122.2
29.4
122.1
-6.2

152.7
124.5
28.6
129.0
-3.9

1974

1973

1975

1977

1976

116.2
84.9
33.4
153.5
3.4

Gross domestic product
Personal consumption expenditures

Services
Gross private domestic Investment

Producers' durable equipment
Change in business inventories
Net exports of goods and services

Goods
Services
Government consumption expenditures and gross
investment.

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21

r>

State and local
Residual




23
24
25

II

137.0
108.4
28.8
136.3
-15

127.3
97.4
29.9
140.7
-.6

125.1
93.2
31.9
143.8
0

1980

1544.0
983.0
135.9
364.6
482.2
227.1

362
127.6
99.1
28.8
91.4
73.1
18.1
296.4

1577.6
9715
136.1
362.5
473.3
2655
248.5
199.0
69.1
129.2
53.3
13.3
35.3
129.1
98.1
31.8
93.8
74.6
19.1
298.4

122.9
842
39.1
168.3
-2

128.0
87.2
41.3
168.4
6.1

133.3
91.9
41.7
165.0
6.0

137.7
98.3
39.3
164.6
4.7

IV

II

I

III

IV

8645
612.8
59.4
223.8
230.5
126.6
119.8
732
32.9
41.1
47.4
7.6
-2.1
39.0
30.8
8.1
35.5
24.1
115

870.4
5172
60.5
223.9
233.6
1275
123.6
75.6
33.5
42.7
48.9
4.7
-1.7
40.8
32.3
8.4
35.5
24.0
11.4

2195

501.2
57.5
221.1
223.6
121.1
111.8
69.1
31.2
38.7
43.5
10.0
-2.4
35.5
27.5
8.0
33.9
22.7
11.2
217.6

8482
5065
58.8
222.0
226.1
1225
116.8
71.1
32.6
39.4
46.6
6.2
-1.9
38.7
30.3
8.4
34.7
235
112
218.7

2245

127.6
102.9
24.9
91.9
-85

124.5
100.8
24.0
93.6
-7.0

124.7
101.0
23.9
945
-65

128.1
101.4
26.9
97.0
-72

809.6
4812
51.9
216.2
214.5
118.0
107.0
66.9
31.1
36.7
40.8
11.3
-2.4
345
27.1
7.4
33.1
22.0
11.2
2125

816.1
4875
53.3
217.3
217.8
1165
110.5
69.1
32.3
375
42.0
7.0
-2.1
36.7
28.8
7.9
33.8
22.6
11.2

826.1
491.1
53.8
218.9
219.8
1185
111.3
70.0
33.1
37.9
42.0
8.3
-25
38.6
28.9
7.7
34.3
23.0
11.2

827.7
497.9
56.2
220.2
222.4
114.1
110.6
69.3
32.3
38.0
41.9
4.7
-2.7
35.4
27.3
8.0
34.7
23.0
11.7

214.9

217.7

123.8
103.2
20.9
89.2
-7.4

125.6
103.5
22.3
89.8
-7.9

127.3
103.1
245
90.9
-45

838.4

229.6
190.2
68.0
120.9
43.6
-62
275
119.9
89.2
31.8
92.6
72.7
20.1
302.3

1964

1963
III

1982

1981

121.1
82.8
38.6
165.6
-3.2

1962
Line
1

268.0

118.6
82.7
36.2
159.9
-2.7

116.8
82.2
34.8
159.3
.2

119.0
87.3
31.7
1482
1.5

272.9

278.6

276.1

118.0
83.7
34.4
158.0
3.4

21
22
23
24
25

-6.6
61.3
46.8
14.5
66.8
50.1
16.7

15425
960.1
134.5
359.4
466.2
243.0
243.9
168.9
64.0
124.6
58.0
-4.1

275.9

13
14
15
16
17
18
19
20

-25
60.9
47.0
13.9
63.5
46.2
17.2

15475
9635
146.3
360.9
457.6
274.5
261.7
189.8
60.0
130.4
73.5
9.4
172
115.1
88.6
27.1
97.9
78.9
18.5
291.2

205
87.9
67.2
212
67.0
51.8
15.4

1,294.6
819.9
113.3
316.6
3902
172.7
177.2
130.0
44.7
85.4
47.8
-4.1

97.9
295.1
334.3
183.6
174.9
115.7
45.8
70.0
59.2
8.9

12375
770.7
110.4
308.0
352.3
205.6
195.7
126.1
472
78.9
69.7
9.9
-8.0
66.2
51.8
14.4
74.2
56.9
17.3
268.9

15045
9415
147.0
352.9
443.5
268.1
248.6
173.1
53.3
120.6
76.3
17.4
8.8
105.1
79.2
26.8
96.3
77.6
18.3
286.7

1,4282
902.7
139.6
340.9
423.6
240.6
223.3
152.3
46.1
104.8
71.6
15.6
6.6
952
71.3
24.9
88.6
71.2
17.1

1,300.4
8022
113.4
311.9
377.0
2115
199.5
1452
50.0
95.4
54.9
9.4
13.0
88.4
68.8
19.9
75.5
59.3
16.2
271.7

1979

1978

15645
865.9
127.8
332.3
406.6
207.8
194.7
1362
45.8
90.7
59.1
11.9
135
93.0
70.3
23.4
80.1
63.5
16.4

1508.8
807.9
121.8
3182
368.2
2305
213.5
144.4
51.0
93.5
69.2
15.1
3.2
80.7
63.7
17.0
77.5
61.0
16.6
2672

1,173.0
727.2

89.0
289.9
322.4
164.8
162.6
115.8
46.5
69.4
46.4
2.2

1475
118.5
29.2
132.6
-2.4

123.5
96.2
27.4
102.5
-5.4

1972

1971

1,135.4
701.1

685.1
92.0
283.0
309.9
1775
166.6
117.0
46.4
70.7
49.4
10.8
-5.9
54.9
42.1
12.8
60.9
44.5
16.3
279.4

573.9

59.0
222.7
228.4
124.4
118.0
72.3
32.6
40.5
46.6
7.1

1,134.1

1,051.8
624.8

962.8

539.9
64.5
233.7
242.3
134.7
129.3
80.8
35.9
45.5
49.3
6.2
6.9
43.6
34.4
9.2
36.7
25.1
11.6
225.4

855.3
509.3

1970

1969

1968

1,025.7
606.8

905.1

125.6
100.6
25.3
95.9
-6.9

489.3
53.8
218.1
218.6
116.8
109.9
68.8
32.2
37.6
41.7
7.8
1.8
35.8
28.0
7.7
34.0
22.7
11.3
216.0

1967

1966

1965

3.6
38.5
30.2
8.2
34.9
23.6
11.3
221.0

820.4

2
3
4
5
6
7
8
9
10
11
12

Net exports of goods and services
Exports
Goods
Services...
Imports
Goods
Services
Government consumption expenditures and gross
Investment.
Federal
National defense
Nondefense
State and local
Residual

1964

1963

1

II

III

IV

9015
536.9
64.4
232.4
240.7
133.1
128.0
79.5
35.6
44.7
49.3
6.0
-15
42.7
33.7
8.9
36.2
24.7
11.5
227.2

912.2
546.8
68.5
236.6
244.0
135.0
130.0
82.2
36.8
46.2
48.5
5.8
-15
44.0
34.6
9.3
37.2
25.6
11.6

915.6
548.3
64.3
237.4
247.3
136.8
130.8
83.8
37.0
47.5
47.6
7.0
-15
44.9
35.3
9.5
38.2
26.4
11.7

223.1

891.2
5275
62.7
228.2
2375
1335
128.4
77.6
34.4
43.8
51.9
62
-1.2
43.0
33.7
9.2
35.4
23.8
11.6
2245

225.1

225.0

125.2
992
26.2
98.5
-«.6

124.9
98.1
27.0
100.0
-65

125.5
97.7
28.0
102.2
-5.8

122.4
95.3
27.3
103.3
-45

1212
93.8
27.5
104.5
-55

Table 1.2C.—Real Gross Domestic Product, Chained (1972) Dollars: Annual and Quarterly, 1962-82—Continued
[Billions of chained (1972) dollars; quarters seasonally adjusted at annual rates]

1

II

III
968.7

Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Grass private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories

1
2

938.7
560.2

951.2
566.6

3
4
5
6
7
8
9
10
11
12

Net exports of goods and services
Exports
Goods
Services ...
Imports
Goods
Services ...
Government consumption expenditures and gross
investment.
Federal
National defense
Nondefense
State and local
Residual

13
14
15
16
17
18
19
20

70.5
240.2
249.6
151.6
136.9
89.6
38.9
51.3
47.8
15.3
-2.4
39.5
30.1
9.3
36.8
25.2
11.6
224.8

70.6
242.9
253.2
151.4
140.6
92.6
41.6
52.1
48.1
11.7
-2.3
45.7
35.8
9.9
41.2
29.2
11.9
229.4

576.2
73.1
246.4
256.7
155.0
144.4
96.3
42.1
54.9
48.3
11.6
-2.6
44.9
34.7
10.2
41.3
29.5
11.8
235.0

120.0
92.0
28.1
105.4
-3.1

121.9
93.4
28.7
108.1
-3.7

124.4
94.3
30.3
111.2
-3.7

21
22
23
24
25

1

II

III

IV

I

II

III

IV

1516.7
6015

239.8

48.2
37.4
10.7
48.7
34.7
14.0
2612

1545.1
616.1
77.7
262.3
276.2
1605
142.3
104.4
44.1
60.8
37.3
18.5
-4.2
48.9
37.3
11.6
49.4
34.7
14.6
2722

1,062.1

-3 4
47.1
36.5
10.5
45.6
32.2
13.3
251.9

1,0365
612.2
79.3
260.2
272.6
166.2
145.9
106.8
43.6
63.4
38.5
20.6
-4.1

1,045.9
6245
812
263.5
279.6
154.4
146.1
104.2
42.8
61.6
41.6
9.4

-3.0
47.4
37.2
10.2
44.5
31.7
12.7
244.4

1,028.1
610.1
79.3
261.2
269.3
165.0
150.7
107.3
45.2
62.6
43.0
15.1
-42
47.4
36.6
10.7
48.1
34.3
13.8
2555

1,054.1

80.0
257.3
263.7
168.6
153.0
104.7
45.1
60.2
48.3
16.6

1521.1
603.2
76.7
259.5
267.0
1662
150.9
106.2
442
62.4
44.4
15.8

270.9

627.5
80.5
263.7
283.4
159.1
147.7
103.8
43.3
60.9
43.7
12.3
-4.5
47.9
36.7
11.2
49.7
34.1
15.6
272.5

631.2
80.7
265.2
285.5
162.6
152.3
105.9
43.4
62.8
46.2
11.2
-5.1
49.0
373
11.8
52.3
37.3
15.0
2745

127.7
97.6
30.2
112.8
-35

130.7
1012
29.7
114.4
-2.7

1372
106.4
31.0
115.3
-3.1

140.0
110.3
29.8
116.5
-45

142.4
114.4
28.3
1195
-3.1

152.1
121.3
31.1
120.8
-4.6

150.1
121.6
28.9
121.5
-55

151.3
123.3
23.3
122.0
-5.4

151.4
122.5
29.2
124.1
-55

IV
992.7
592.7
76.3
254.9
261.3
156.3
147.5
100.3
44.0
57.1
47.3
9.9
48.0
37.6
10.4
43.4
30.9
12.4

Gross domestic product
Personal consumption expenditures

Services
Gross private domestic investment
Fixed investment
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Imports
Services
Government consumption expenditures and grass
investment.

State and local
Residual

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

1,0815
6465
85.7
270.9
289.1
1644
155.9
109.1
442
65.1
46.5
9.3
-6.8
50.1
38.5
11.6
55.4
40.2
15.2
279.4

II

III

IV

1,100.2
656.0
87.4
274.4
294.0
1715
155.0
107.2
43.8
63.6
47.7
16.5
-6.9
51.0
39.1
11.9
56.2
41.2
15.0
280.9

1,1082
668.4
91.4
278.7
297.9
1665
157.2
108.5
43.5
65.1
485
9.5
-6.2
54.2
41.8
12.4
59.6
44.0
15.6
281.4

1,113.3
671.3
90.8
278.6
301.6
168.2
161.0
111.7
44.4
67.4
49.1
7.8
-6.3
53.0
40.8
12.2
59.1
43.3
15.8
2825

151.8
123.5
28.7
130.2
-35

III

IV

1,130.2
678.9
92.4
281.3
304.9
179.2
166.0
114.9
45.1
69.8
50.9
13.6
-55
47.4
35.3
12.2
53.5
37.7
15.8
2805

1,133.0
683.1
92.2
282.6
308.1
1775
166.6
116.0
45.5
70.5
50.3
11.5
-65
57.5
44.7
12.8
64.1
47.8
16.3
2805

1,139.5
686.5
92.0
283.1
311.3
181.1
169.2
119.0
47.6
71.5
50.0
11.9
-6.7
56.8
43.6
13.3
63.3
46.8
16.4
2795

1,133.8
691.9
91.4
284.9
315.6
171.1
164.7
118.1
47.3
70.9
46.3
6.2
-65
57.9
45.1
12.8
62.6
45.6
16.9
276.7

1,131.7
696.2
89.8
287.9
318.6
1655
163.8
117.1
46.9
70.3
46.4
1.5
-65
592
45.9
13.3
62.4
45.7
16.7

149.5
120.4
29.4
131.9
-3.4

148.3
119.0
29.5
132.8
-2.6

147.4
118.0
29.7
133.0
-2.2

144.6
116.6
28.3
132.6
-1.6

Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories
Net exports of goods and services
Exports
Goods
Services...
imports
Goods
Services
Government consumption expenditures and grass
investment.
Federal
National defense
Nondefense
State and local
Residual




1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

III

II

1,163.4
716.6
93.9
293.7
329.2
1795
167.0
113.8
46.0
68.0
53.1
12.7
-5.8
61.4
46.9
14.6
63.7
47.0
16.7
269.7
130.4
102.0
28.5
139.4
-.8

1,170.0
723.0
96.1
294.7
332.3
1855
173.9
115.4
45.8
69.6
58.5
12.1
-7.3
61.4
46.8
14.6
68.5
51.5
17.0
2685
128 2
98.1
30.0
140.3
^6

I

II

III

IV

1,133.4

1,132.7

2745

6995
90.8
288.5
320.4
1652
160.1
116.4
46.5
70.1
43.3
5.1
-65
61.2
47.0
14.2
63.6
46.1
17.5
271.8

1,143.9
7055
91.0
290.4
324.2
168.5
163.0
117.1
46.6
70.5
45.6
5.6
-5.8
61.1
47.1
13.9
63.4
45.9
17.5
272.9

141.0
112.7
28.5
133.9
-15

137.4
108.4
292
134.7
-1.1

135.3
106.8
28.7
137.8
-1.1

134.1
105.5
28.8
138.6
-12

1972

1971
Line
I

1970

II

I

151.8
123.1
29.1
131.2
-3.7

1532
125.7
27.8
128.5
-4.0

154.1
125.6
28.8
126.1
-4.6

?1
22
?3
24
25

-4.2
48.4
37.2
11.1
49.0
33.8
15.2

1969

1968
Une
1

1967

1966

1965
Une

IV

1,1775
7285
98.7
294.8
335.2
1872
177.0
115.7
45.7
70.0
61.3
10.1
-75
64.7
50.1
14.6
70.0
53.3
16.7

1,1815
740.5
103.0
297.2
340.3
181.7

2675

2665

126.6
95.4
312
140.7
-.2

181.6
117.8
45.6
72.3
63.7
.8
-7.1
57.6
43.3
14.3
652
48.6
16.6

124.0
94.1
29.9
142.5
-.9

I

-8.6
64.4
50.4
14.1
74.8
57.2
17.6
270.4
127.3
95.5
31.8
143.1
-.4

-5.9
61.9
47.7
14.2
64.4
472
17.2
2725

1973

II

1204.7
750.3
105.5
299.0
345.8
194.3
189.9
121.9
46.8
75.1
68.0
4.9

7035
84.5
292.7
326.4
160.0
163.3
112.8
46.1
66.8
50.4
-3.5

III

IV

II

12325
764.0
108.1
306.4
349.4
2062
193.2
123.9
47.0
76.9
69.3
13.3
-7.9
63.4
492
14.3
72.0
54.4
17.5
2705

1,245.3
775.4
111.0
310.7
353.7
209.7
195.3
125.9
47.1
78.8
695
14.3
-7.7
66.4
52.1
14.3
73.4
56.8
16.7
2672

1,266.7
793.1
116.8
316.1
360.3
212.3
204.5
132.6
47.8
84.8
71.9
7.3
-7.7
70.6
55.6
15.0
76.7
59.4
17.3
267.4

1500.7
8072
124.6
319.4
363.5
2275
2132
138.9
49.4
89.5
74.4
12.8

128.1
96.0
32.2
142.6
-.2

123.4
91.5
31.9
143.8
.2

121.6
90.0
31.6
145.8
.4

122.4
905
31.9
146.7

1

-75
77.1
60.7
16.4
80.1
62.3
17.8
269.1

1.1

III

IV

1,309.7
8065
1225
316.7
367.4
2324
214.9
144.4
50.9
93.6
70.6
16.6
-65
80.5
63.6
16.8
77.9
60.8
17.2
2684

1505.7
810.3
121.6
319.0
369.8
225.4
214.1
146.7
52.1
94.7
67.6
9.6

1519.1
807.9
118.4
317.6
372.0
2355
211.7
147.7
51.6
96.2
64.4
21.6
-45
84.2
67.0
17.1
76.5
60.8
15.7

121.4
89.7
31.7
147.0
5

115.6
83.8
31.8
148.6
1.7

-55
81.0
63.5
17.5
75.7
59.9
15.7
264.2

266.9
116.6
852
31.4
150.4
2.7

Table 1.2C.—Real Gross Domestic Product, Chained (1972) Dollars: Annual and Quarterly, 1962-82—Continued
[Billions of chained (1972) dollars; quarters seasonally adjusted at annual rates]

II

III

IV

1,310.9
804.8

1,296.7

2

1,306.1
801.6

1,288.0
794.6

3
4
5

115.3
313.6
372.8

116.3
312.6
376.2

Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic Investment

218.7
206.7
147.5
51.3
96.3
59.6
9.5

217.0
203.5
147.1
51.2
96.1
57.0
10.3

199.7
145.2
49.0
96.6
55.1
3.8

-3.1
875
68.2
19.0
74.1
58.0
16.1
270.0

-3.1
91.0
71.1
20.0
77.1
60.7
16.4

-3.7

7
8
9
10
11
12

Net exports of goods and services
Exports
Goods ....
Services.
Imports
Goods ....
Services.

13
14
15
16
17
18
19

Government consumption expenditures and gross
Investment.

20

Federal
National defense
Nondefense
State and local
Residual

273.0
118.9
87.1
31.8
154.1

117.8
85.1
32.9
152.2
4.4

21
22
23
24
25

4.2

IV
1,379.0

853.1

1366.3
869.1

126.4
326.8
400.7

126.7
3315
403.4

127.9
334.1
407.9

130.1
337.1
414.3

182.8
181.4
130.7
44.5
86.5
51.2
1.4

201.0

209.0

208.8

2123

189.0
133.1
45.7
87.6
56.5
11.3

193.9
137.4
46.0
91.7
57.2
13.4

203.9
139.9
46.1
94.2
64.4
7.6

-1.1

192.1
134.5
45.5
89.3
58.1
15.5
-3.4

1,270.2

1,281.7

1,305.7

1,320.9

1351.7

801.7

815.5
109.6
316.6
389.3
182.4

826.8
116.5
319.3
391.4

835.4

107.3
310.1
384.4
166.7

120.0
320.4
395.7

176.0
131.7
45.9
85.9
44.9
-9.3
-.6

173.5
128.1
44.1
84.2
45.9
-9.4
85.1
64.9
20.7
62.1
47.4
15.0

I

204.6

86.6
67.3
19.5
75.7
59.7
15.9
271.4

272.6

117.5
83.6
34.1
153.8
13

118.8
84.0
35.0
153.8
3.6

178.8
177.9
129.4
44.4
85.2
49.1
1.0
-1.1

116.1
84.2
34.1
157.6
3.7

274.5

-2.6
90.8
68.8
22.7
75.4
59.3
16.1
279.0

91.7
69.8
22.5
78.6
62.3
16.2

-3.8
945
71.1
23.9
81.8
65.0
16.6

-4.4

91.1
69.6
22.0
70.9
55.4
15.6
277.8

278.1

274.8

274.4

117.6
83.5
34.3
158.1
3.3

118.0
83.4
34.7
159.8
2.7

117.1
82.4
34.9
161.9
1.4

116.8
82.3
34.7
159.2
1.2

116.6
823
34.5
158.3

116.6
81.7
35.1
157.8

118.1
83.9
34.4
156.4
3.7

95.3
71.7
24.4
84.4
67.3
16.9

-1.5

1979

1978

1977

880.7

86.5
66.1
20.9
67.3
52.4
15.0
275.8

5

88.7
68.1
21.1
67.5
51.9
15.9
275.7

Line
II

III

IV

1

II

III

IV

1

II

III

IV

1,395.7
891.4

1,423.7

1,446.9

1,4463

1,452.2

1307.4

1,521.3

1338.5

1339.2

1,5423

1,552.3

1,558.1

896.5

905.0

918.0

922.9

942.5

954.0

135.5
339.3
417.8
223.4

139.0
339.1
419.9
2403

140.9
339.6
426.1
252.4

149.3
358.4
448.1
279.0
259.4
182.9
57.2
126.4
77.5
16.7

958.2
144.4
358.2
456.7

277.6
261.5
167.1
57.2
130.8
75.7
14.1

2793
259.7
186.7
58.3
129.2
74.4
15.9

966.2
148.4
361.3
458.0
273.9

226.6
153.5
48.7
105.3
73.6
23.7

139.9
347.5
436.8
251.5
231.9
159.4
48.3
111.9
73.2
18.5

9593
147.8
359.9
453.4

223.9
150.7
48.0
103.2
73.7
15.6
-5.7

143.3
345.7
430.7
245.7
230.7
158.6
49.0
110.3
72.7
13.0

946.9
148.2
354.4
446.1
274.8
254.6
177.7
55.2
123.2
77.7
17.1

264.3
192.7
61.2
132.0
73.4
6.0

969.9
144.4
364.3
462.1
266.9
261.1
192.6
63.2
129.6
70.5
1.4

-5.6
107,1
81.1
26.8
96.8
78.0
18.4

-5.0
111.3
84.4
27.7
98.0
78.9
18.7

-5.0
111.2
84.4
27.6
98.0
78.9
18.7

111.5
85.1
27.1
98.3
79.3
186

-3.6
115.4
89.0
26.9
96.7
77.8
18.4

-2.6
122.3
95.8
26.8
98.6
79.8
18.4

I
1

III

1,3603
860.7

IV

-2.9
89.0
68.4
20.9
74.9
58.6
16.4

Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories

807.9

II

III

188.0
140.8
48.3
92.6
47.9
13.9

1

I

II

104.7
308.6
381.2

6

117.3
313.0
378.0
205.1

1

1976

1975

1974
Line

Gross domestic product
Personal consumption expenditures

2

Durable goods
Nondurable goods
Services .,
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories

3
4
5
6
7
8
9
10
11
12

Net exports of goods and services
Exports
Goods
Services ..
Imports
Goods ....
Services

13
14
15
16
17
18
19

Government consumption expenditures snd gross
investment.
Federal
National defense
Nondefense
State and local
Residual

20

212.2
146.5
46.5
100.5
66.3
10.0
-8.0
93.8
70.3
24.4
88.4
71.0
17.0
276.5

21
22
23
24

117.3
82.4
35.1
159.2

25

-3.5

-8.3
93.8
69.8
24.9
89.1
71.7
17.1

-7.6
96.0
70.8
26.4
95.1
76.7
18.0

279.5

-5.1
97.1
72.8
25.2
87.9
70.7
16.8
279.4

150.6
351.1
443.0
267.2
248.4
172.5
52.4
120.9
76.7
17.3
-5.4
106.1
80.6
26.2
95.3
76.9
18.0

278.9

2793

286.8

289.0

291.6

2883

291.2

291.5

293.7

119.4
83.8
35.8
160.1
-2.8

119.3
83.2
36.3
160.1
-1.1

118.6
81.4
37.5
160.3
-33

118.9
81.6
37.5
160.6
-6.1

121.4
83.2
38.5
165.4

121.6
83.1
38.8
167.4

-33

-1.6

122.5
83.4
39.6
169.0
-1.5

122.2
83.2
39.4
166.2
-3.1

123.4
84.5
39.2
167.8
-.5

122.8
84.1
39.0
168.6
.5

123.1
84.8
38.6
170.6
2.2

96.3
72.1
25.1
89.1
71.5
17.3

-5.0

1982

1981

1980
Line
1
Gross domestic product
Personal consumption expenditures

1

1,563.7

2

Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories

3
4
5
6
7
8
9
10
11
12

968.9
142.5
363.1
464.1

Net exports of goods and services

13
14
15
16
17
18
19

Exports
Goods
Services..
Imports
Goods
Services
Government consumption expenditures and gross
investment.

20

Federal
National defense
Nondefense
State and local
Residual

21
22
23
24
25

III

IV

1326.1
947.1

1324.7
956.6
132.4
357.2
466.8
220.7

1,554.6
967.9

126.5
358.3
461.3
237.6
234.2
184.5
62.7
121.5
52.9
-.7

136.6
359.0
472.7

1383.8
971.6
140.8
362.2
469.4
270.6

III

IV

13893
971.7

1,588.4

1368.6
9683
129.1
362.6
475.5
261.8
247.4
205.4
74.3
129.5
46.6
10.7

135.0
362.8
473.7

-1.8
126.2
98.8
27.6
98.9
79.9
18.5
298.0

1.0

33

.7

.9

.5

128.6
100.6
28.2
91.8
73.7
17.7

128.1
98.8
29.8
85.1
67.5
17.7

127.5
98.5
29.5
89.7
71.3
18.4

129.6
99.3
31.0
93.4
74.2
19.2

127.6
96.2
32.4
92.7
73.7
18.9

298.6

294.9

294.2

297.9

130.5
99.3
32.0
93.7
74.4
19.3
298.4

297.7

126.7
86.9
40.1
171.3
3.6

129.4
86.7
43.3
169.1
7.2

128.0
87.2
41.2
166.8

128.0
87.9
40.4
166.2

134.1
91.9
42.6
164.2

134.1
92.7
41.6
163.6

7.6

6.1

130.4
89.2
41.5
167.5
7.1

43

5.8

236.7
186.0
63.5
122.1
53.9
-17.5

248.5
193.1
65.2
127.7
58.5
17.8

256.2
249.3
196.4
67.6
128.4
56.3
4.6

975.8
139.3
382.4
474.6
272.4

246.8
246.9
190.2
65.6
124.1
59.6
-1.8
1.4

266.7
257.9
194.9
64.3
130.7
65.5
3.6

NOTC.—Chained (1972) dollar series are calculated as the product of the chain-type quantity index and the 1972
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
The residual line is the difference between the first line and the sum of the most detailed lines.
Percent changes from preceding period for selected items in this table are shown in table 8.1; contributions to
the percent change in real gross domestic product are shown in table 8.2.




II

I

II

248.9
201.0
69.2
131.3
51.8
20.0

128.6
97.7
31.8
95.3
76.1
19.0
299.7
134.8
93.8
41.2
164.8
6.2

I

II

1,5423
974.2
133.5
362.9
477.4

III

IV

1,548.9

1,541.3
982.6

1,543.4
998.4
141.2
367.9
489.6
211.8

976.8
133.9
363.0
479.4
2323
230.5
192.4
69.6
121.3
42.5
-1.6
.2

134.9
364.7
482.6
229.6
223.8
186.0
66.0
119.0
42.0
2.6
-2.4

2983

124.3
93.1
32.2
91.1
71.2
20.3
300.6

118.6
88.4
31.4
95.2
75.2
20.2
302.7

134.7
94.7
40.1
164.0
4.6

136.0
97.4
38.5
164.5
6.4

138.2
99.3
38.7
164.4

234.2
239.3
199.9
71.9
126.5
43.9
-8.8
-3
123.3
92.0
32.5
92.6
73.3
19.4

Chain-type quantity indexes for the series in this table appear in table 7.1.

2.8

224.9
182.5
64.7
116.8
46.0
-17.2
-2.5
113.3
83.4
31.1
91.5
71.2
20.7
3075
141.8
101.7
39.9
165.3
4.9

Table 1.3.—Gross Domestic Product by Major Type of Product: Annual, 1929-94, and Quarterly, 1947-94
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line

1929

1

103.8

2
3

102.1
1.7

1930

1932

1931

1934

1933

91.1

76.4

91.4
-.4

77.6
-1.1

1935

1936

1937

1938

1939

1941

1940

1942

1943

1944

1945

56.2

61.0
-2.5

65.9

73.1

334

91.8

85.9

91.9

101.2

126.7

161.6

1984

219.7

223.2

57.7
-1.5

58.6

66.4
-.6

72.0
1.1

82.4
1.2

89.1
2.7

86.5
-.6

91.7
.2

98.8
2.4

122.2
4.4

159.7
1.9

199.1
-.8

220.6
-.9

224.6

49.0

56.0

72.6

94.8

121.8

132.6

129.3

53.6
2.4

68.2
4.4

92.9
1.9

122.6
-.8

133.5
-.9

130.8
— 4
1

37.0
36.0
1.0

56.2
56.2
0

58.7
59.3
-.6

49.6
50.8

4

56.1

47.0

375

264

274

34.4

39.9

454

51.5

45.3

5
6

54.4
1.7

47.3
-.4

38.6
-1.1

29.2
-2.5

28.5
-1.5

35.0
-.6

38.8
1.1

44.6
13

48.8
2.7

45.9
-.6

48.8
.2
12.7
12.4
.3

16.6
15.4
1.2

27.0
23.9
3.1

7
8
9

17.5
16.1
1.4

11.4
12.4
-1.0

7.7
9.0
-1.2

3.6
5.7
-2.0

4.9
5.4
-.5

7.4
7.3
.1

9.3
8.9
.3

12.2
11.2
.9

13.9
13.1
.8

9.9
10.8
-.9

10
11
12

38.6
38.3
.3

35.6
34.9
.7

29.8
29.7
.1

23.1
23.6
-.4

22.1
23.1
-1.0

27.0
27.7
-.7

30.6
29.9
.8

33.7
33.4

37.6
35.7
1.9

35.4
35.1
.3

36.3
36.4
-.1

39.4
38.2
1.2

45.6
44.2
1.4

57.8
56.9
.9

65.6
66.4
-.8

73.9
74.2
-.3

79.8
80.0

2

Services

13

35.8

34.4

315

274

254

27.0

284

305

32.3

324

33.8

35.5

40.6

50.3

66.3

60.2

865

Structures

14

11.9

9.7

7.1

44

3.4

4.4

5.0

7.2

8.0

74

9.1

9.7

13.5

165

10.2

7.0

75

Final sales
Change in business inventories1
Nondurable goods
Final sales
Change in business inventories>

Addenda:
Gross domestic product less motor vehicle output ....

15
16
Line

1946

1947

1949

1948

1951

1950

1952

1953

1954

1955

1
Final sales of domestic product
Change in business inventories

1957

1956

222.6

244.6

269.7

2674

294.6

339.7

3584

379.7

3815

415.1

438.0

2
3

216.4
6.2

245.1
-.5

264.1
5.6

270.6
-2.8

288.7
5.9

329.7
10.1

355.0
35

377.9
1.8

383.2
-1.9

410.2
4.9

433.9
4.1

1958

1959

1960

1961

1962

461.0

467.3

507.2

5265

544.8

585.2

460.1
.9

467.7
-.4

503.0
4.2

523.3
3.2

541.9
2.9

579.1
6.1

4

1245

140.1

154.3

147.2

181.9

188.8

194.2

205.2

1974

216.6

2245

233.9

229.4

252.0

257.8

260.4

281.2

Final sales
Change in business inventories

5
6

118.3
62

140.5
-.5

148.7
5.6

150.0
-24

156.0
5.9

178.7
10.1

190.7
3.5

203.4
1.8

199.8
-1.9

211.7
4.9

220.4
4.1

233.0
.9

229.8
-.4

247.8
4.2

254.6
3.2

2575
2.9

275.1
6.1

Durable goods
Final sales
Change in business inventories'

7
8
9

35.9
30.5
5.3

45.9
44.4
1.4

48.9
47.9
1.0

47.7
49.5
-1.8

59.3
55.6
3.6

71.5
65.4
6.1

72.7
71.5
1.2

80.5
78.9
15

71.6
74.1
-2.5

85.3
81.9
3.4

87.4
85.3
2.1

91.1
90.6
.5

80.9
83.7
-2.8

95.5
92.3
3.1

96.7
95.1
1.7

94.1
94.3
-.1

107.9
104.5
3.4

Nondurable goods
Final sales
Change in business inventories'

10
11
12

88.6
87.8
4

94.2
96.1
-1.9

105.4
100.8
4.6

99.5
100.5
-1.0

102.6
100.3
2.3

117.3
113.3
4.0

121.6
119.2
2.4

124.8
1245
.3

126.3
125.7
.6

131.3
129.7
1.5

137.0
135.1
2.0

142.7
142.4
.4

148.5
146.1
2.4

156.5
155.5
1.1

161.1
159.5
1.6

166.2
163.2
3.0

173.4
170.7
2.7

13

81.4

81.6

86.0

90.7

954

111.4

1224

130.2

136.7

146.8

158.8

171.6

181.9

192.7

206.8

2204

236.1

14

16.7

225

295

23.9

37.1

39.6

414

44.2

46.7

51.7

54.7

55.5

56.0

625

61.9

63.6

674

Goods

Addenda:
Gross domestic product less motor vehicle output ....

15
16
Line

1963

1964

1966

1965

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

Gross domestic product

1

6174

6634

719.1

7874

8335

910.6

9823

1435.6

1,125.4

13373

13825

1,496.9

1,630.6

1419.0

2,026.9

2391.4

25575

Final sales of domestic product
Change in business inventories

2
3

611.7
5.7

658.0
5.0

709.4
9.7

774.0
13.8

823.1
10.5

901.4
9.1

972.7
9.5

1,033.4
2.2

1,116.9
8.5

1,227.4
9.9

1,365.2
17.5

1,482.8
14.1

1,636.9
-6.3

1,802.0
16.9

2,003.8
23.1

2,264.2
27.2

2,540.6
16.9

4

292.7

313.2

342.9

380.6

3945

426.7

455.8

4675

493.2

539.8

619.2

665.7

718.1

804.0

883.7

996.5

1,1153

Final sales
Change in business inventories

5
6

287.1
5.7

308.1
5.0

333.3
9.7

366.8
13.8

384.0
10.5

417.6
9.1

446.2
9.5

465.3
2.2

484.7
8.5

529.9
9.9

601.8
17.5

651.6
14.1

724.5
-6.3

787.1
16.9

860.6
23.1

969.3
27.2

1,098.3
16.9

Durable goods
Final sales
Change in business inventories1

7
8
9

113.7
111.0
2.7

124.6
120.5
4.0

140.0
133.3
6.7

159.1
149.0
10.2

159.3
153.8
5.5

172.4
1674
4.6

184.9
178.6
6.3

180.1
180.2
0

190.2
187.0
3.2

216.5
209.3
7.2

256.0
241.4
14.6

267.7
256.7
11.0

280.6
288.1
-7.5

333.1
322.5
10.6

377.1
366.9
10.2

437.2
416.9
20.3

487.5
475.0
12.5

Nondurable goods
Final sales
Change in business inventories1

10
11
12

179.1
176.1
3.0

188.6
187.6
1.0

202.9
199.9
3.0

221.4
217.8
3.6

235.2
230.2
5.0

254.3
249.8
4.5

270.8
267.6
33

287.4
285.1
2.2

303.0
297.7
5.3

323.4
320.6
2.7

3633
360.3
2.9

398.0
394.9
3.1

437.6
436.4
1.2

470.9
464.6
6.3

506.6
493.7
12.8

559.3
552.5
6.9

627.7
623.3
4.3

Goods ...

Services

13

2524

271.4

2915

3193

3495

333.9

418.2

4585

5034

5505

600.5

665.6

745.8

823.8

916.4

1423.1

1,131.7

Structures

14

72.7

78.4

84.7

884

89.6

100.0

1083

109.7

128.4

1463

162.9

165.6

166.7

191.2

2264

271.8

3104

Addenda:
Motor vehicle output
Gross domestic product less motor vehicle output ....

15
16

34.7
798.9

43.6
867.0

44.6
937.6

37.1
998.5

49.6
1,075.8

54.9
1,182.4

63.3
1,319.3

58.8
1,438.1

57.3
1,573.3

78.9
1,740.1

95.7
1,931.1

106.1
2,185.3

105.4
2,452.1

Line

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

Gross domestic product

1

2,784,2

3,115.9

3,242.1

35145

3,9024

4,180.7

4422.2

4,6923

53494

5,438.7

5,7433

5,916.7

6344.4

6,558.1

6,947.0

Final sales of domestic product
Change in business inventories

2
3

2,791.9
-7.6

3,087.8
283

3356.6
-14.5

3,519.4
-4.9

3,835.0
675

4,154.5
263

4,412.6
9.6

4,668.1
24.2

5,038.7
10.9

5,407.0
31.7

5,735.8
8.0

5,919.0
-23

6337.4
7.0

6,537.6
20.5

6,885.7
612

4

1,191.1

1,342.6

13333

1,426.9

1,607.0

14693

1,720.6

13043

1,9424

2,124.0

2,2034

2,234.0

2321.0

2,422.1

2,5814

Final sales
Change in business inventories

5
6

1,198.7
-7.6

1,314.5
28.2

1,347.7
-14.5

1,431.8
-4.9

1,539.6
67.5

1,643.6
263

1,711.0
9.6

1,780.6
24.2

1,932.0
10.9

2,092.3
31.7

2,195.8
8.0

2336.3
-2.3

2,314.0
7.0

2,401.6
20.5

2,520.2
613

Durable goods
Final sales
Change in business inventories1

7
8
9

500.2
502.9
-2.7

553.5
546.0
7.5

529.0
544.4
-155

590.1
586.1
4.0

698.7
655.1
43.6

721.8
7133
8.6

741.9
741.3
.6

786.1
764.7
21.5

853.4
837.0
16.4

928.6
907.3
21.3

938.2
935.7
2.5

910.0
926.6
-16.6

955.0
965.9
-10.9

1,0283
1,012.7
16.1

1,106.1
1,072.5
33.6

Nondurable goods
Final sales
Change in business inventories'

10
11
12

690.8
695.8
-4.9

789.1
768.4
20.6

804.3
803.3
1.0

836.8
845.7
-8.9

908.3
884.5
23.9

948.0
930.4
17.6

978.7
969.7
9.0

1,018.7
1,015.9
2.8

1,0895
1,095.0
-6.5

1,195.4
1,185.0
10.5

1365.7
1,260.1
5.6

1323.9
1,309.7
14.3

1366.0
1,348.1
17.9

1,393.3
1,388.9
4.4

1,475.3
1,447.6
27.7

Goods

13

1374.1

1,423.3

15663

1,720.9

1,371.8

2354.6

2324.2

23983

25004

2,7953

3,016.9

3,2013

3411.1

35895

3,7723

14

Services

319.1

350.0

342.0

3664

423.6

4563

477.4

4893

506.7

519.4

523.1

481.4

5123

5465

593.2

15
16

86.4
2,697.9

99.7
3,0163

95.4
3,146.7

127.7
3,386.8

159.1
3,743.3

179.8
4,000.9

184.1
4338.1

186.1
4,506.3

1973
4,852.4

205.2
5,233.5

191.9
5,551.9

176.8
5,739.8

205.3
6,039.2

229.1
6,329.0

265.9
6,681.1

Addenda:
Gross domestic product less motor vehicle output ....




Table 1.3.—Gross Domestic Product by Major Type of Product: Annual, 1929-94, and Quarterly, 1947-44—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

1

III

II

IV

1

II

1950

1949

1948

1947
Line

III

IV

I

II

III

1

IV

II

1951
III

IV

I

II

1
Final sales of domestic product
Change in business inventories

237.4

240.9

245.1

255.0

260.8

2675

274.4

275.8

270.6

266.7

268.1

265.7

2765

2855

3025

3144

329.5

337.1

2
3

237.1
.4

242.1
-1.2

247.9
-2.8

253.3
1.6

257.3
3.5

262.0
5.8

267.3
7.2

269.8
6.0

270.2
.4

272.0
-5.3

269.6
-1.5

270.5
-4.9

273.9
2.1

282.5
2.9

298.5
4.3

299.9
14.5

319.1
10.5

322.2
14.9

4

135.7

1385

1395

1464

150.0

1535

156.9

157.0

1515

1465

1475

1435

150.2

1552

167.1

175.0

183.5

188.1

Final sales
Change in business inventories

5
6

135.3
.4

139.5
-1.2

142.6
-2.8

144.8
1.6

146.5
3.5

147.5
5.8

149.7
7.2

151.0
6.0

151.2
.4

151.5
-5.3

149.0
-1.5

148.2
-4.9

148.1
2.1

152.4
2.9

162.8
4.3

160.5
14.5

173.1
10.5

173.2
14.9

Durable goods
Final sales
Change in business inventories1

7
8
9

45.1
42.7
2.4

45.4
44.1
1.3

47.3
44.8
2.5

45.6
46.1
-.5

48.7
47.5
1.1

47 2
46.5
.7

49.3
48.3
.9

50.5
49.2
1.3

48.8
48.6
.3

46.2
50.0
-3.9

50.3
49.9
5

45.4
49.4
-4.0

49.0
495
-.8

55.4
52.1
3.4

64.2
62.1
2.1

68.5
58.7
9.8

67.4
62.8
4.6

72.1
62.3
9.7

Nondurable goods
Final sales
Ch&nge in business inventories1

10
11
12

90.6
92.6
-2.1

92.9
95.4
-2.5

92.5
97.8
-5.3

100.8
98.7
2.1

101.3
98.9
2.4

106.1
101.0
5.1

107.6
101.4
6.2

106.5
101.8
4.8

102.8
102.6
.1

100.0
101.4
-1.4

97.2
992
-1.9

97.9
98.8
-.9

101.2
98.4
2.9

99.8
100.3
-.5

102.9
100.7
2.1

106.5
101.9
4.6

116.1
110.2
5.8

116.1
110.9
52

13

815

81.7

81.8

81.7

83.2

845

87.0

88.9

90.0

91.5

905

90.7

925

935

964

100.0

1055

1095

14

20.4

205

235

26.9

27.6

295

30.6

29.9

295

29.0

29.9

31.7

33.4

365

39.3

39.4

40.2

395

IV

I

II

III

IV

1

II

III

IV

I

II

III

IV

1

II

Goods

Services
Addenda:
Gross domestic product less motor vehicle output

15
16

III

1954

1953

1952

1951
Line
1

344.0

348.4

351.7

3525

358.7

371.4

2
3

334.1
9.9

343.5
4.9

346.8
4.9

353.9
-1.5

353.1
5.6

366.3
5.1

378.8
-2.2

378.3
-1.9

380.3
-3.4

383.7
-2.1

390.4
-.3

399.2
3.7

406.7
4.6

415.6
4.2

419.3
7.1

1985

1965

195.6

1955

2035

2075

216.3

219.8

222.7

201.0
-22

198.6
-1.9

199.0
-3.4

197.9
-2.1

203.6
-.3

203.8
3.7

211.6
4.6

215.6
4.2

215.6
7.1

71.2
75.0
-3.8

70.0
72.6
-2.6

74.6
74.7
-.2

79.4
77.0
2.4

86.2
82.1
4.1

87.5
84.8
2.7

88.1
83.8
4.4

379.4
2.2

4
Final sales
Change in business inventories

381.7

378.7
3.4

374.7
3.8

190.4

193.0

193.1

189.1

192.9

201.9

207.2

208.9

206.1

5
6

180.5
9.9

188.1
4.9

188.1
4.9

190.6
-1.5

187.4
5.6

196.8
5.1

203.4
3.8

205.5
3.4

203.9
2.2

IV

376.9

3765

382.1

III

376.4

3815

3785

1955

390.1

402.9

4115

419.8

426.4

Durable goods
Final sales
Change in business inventories'

7
8
9

73.5
65.6
7.9

72.8
70.7
2.1

74.0
71.6
2.4

70.1
72.1
-2.1

68.1
67.5
.6

78.4
74.7
3.7

82.5
78.7
3.8

83.5
B0.5
3.0

82.7
79.8
2.9

732
76.8
-3.6

70.4
74.1
-3.7

Nondurable goods
Final sales
Change in business inventories1

10
11
12

116.9
114.9
2.0

120.2
117.4
2.9

119.0
116.5
2.5

119.1
118.4
.6

124.8
119.9
5.0

123.4
122.1
1.3

124.7
124.7
0

125.4
125.0
.4

123.3
124.1
-.8

125.6
1242
1.4

126.2
1245
1.7

124.4
124.0
.4

125.8
125.3
.5

128.7
128.9
-.2

128.1
126.8
1.4

130.1
129.6
.5

132.3
130.8
1.5

134.6
131.8
2.7

13

114.5

116.0

118.2

1222

1242

126.5

127.1

1285

131.4

1335

134.9

1354

1384

138.2

144.6

143.1

1475

151.8

14

39.1

39.4

40.4

412

415

43.0

442

444

44.1

445

445

455

474

485

505

525

52.2

51.9

1

II

III

IV

1

II

III

IV

I

II

III

IV

I

II

III

IV

1

Services
Addenda:

15
16
1957

1956

1
Final sales of domestic product
Change in business inventories

429.0

2
3

422.5
6.6

1959

1958

Line

1960
II

434.7

439.6

4485

4572

4595

466.4

461.6

4545

4585

471.8

4852

4965

5095

509.6

5135

5275

526.1

431.0
3.7

435.9
3.7

446.0
2.5

454.9
2.3

456.3
2.6

463.4
3.0

465.9
-4.3

458.0
-4.0

462.6
-4.2

470.3
1.5

480.0
5.2

491.9
4.4

501.5
7.8

509.4
.2

509.5
4.3

516.0
11.3

523.0
3.1

2375

2295

2225

2234

232.1

239.6

2465

2545

2525

2544

2624

259.2

4

2215

222.6

225.0

2284

2345

2335

Final sales
Change in business inventories

5
6

215.3
6.6

218.9
3.7

221.3
3.7

226.0
25

2322
2.3

230.7
2.6

234.9
3.0

234.1
-4.3

226.5
-4.0

227.6
-4.2

230.6
15

234.4
52

242.0
4.4

247.0
7.8

252.1
2

250.1
45

251.1
11.3

2562
3.1

Durable goods
Final sales
Change in business inventories1

7
8
9

86.8
82.5
4.3

86.3
84.3
2.0

86.5
86.2
.3

90.1
882
1.9

922
91.4
.7

92.4
90.3
2.1

93.6
91.4
2.2

86.4
89.4
-3.0

77.5
83.7
-62

765
82.0
-55

82.2
83.2
-1.0

87.4
85.9
1.6

94.4
90.5
3.9

99.0
922
65

94.1
94.9
-.8

945
91.8
2.7

103.4
942
92

96.7
96.4
.3

Nondurable goods
Final sales
Change in business inventories'

10
11
12

135.0
132.8
22

136.3
134.6
1.7

138.5
135.2
3.4

138.4
137.8
.6

142.3
140.8
1.5

140.9
140.4
.6

144.4
143.6
.8

143.4
144.7
-1.4

145.0
142.8
22

146.9
145.6
12

149.9
147.4
2.5

152.2
1485
3.7

152.1
151.5
.6

1555
154.8
1.0

1582
157.2
1.0

160.0
158.3
1.6

159.1
157.0
2.1

162.5
159.8
2.7

13

1545

1575

159.2

1645

167.1

170.2

1725

1764

177.1

1805

183.7

186.1

1875

1905

194.2

1985

2015

2055

14

535

54.7

554

55 5

555

555

555

555

545

54.1

56.0

59.4

62.4

63.7

63.1

615

62.9

614

IV

I

II

I

II

III

IV

1

II

III

IV

1

II

Goods

Addenda:
15
16

III

III

IV

1964

1963

1962

1961

1960
Line

III

IV

1

529.0

523.9

528.1

538.9

5495

5625

5755

5825

5895

5925

6022

6105

623.7

6325

649.4

6584

669.2

675.1

2
3

524.8
4.2

529.6
-6.7

530.7
-2.6

537.3
1.6

542.9
6.7

556.6
6.0

565.8
9.5

577.1
5.6

583.7
62

589.8
3.1

595.1
7.0

606.0
4.9

6175
5.9

627.9
4.8

643.8
5.6

653.6
4.8

664.9
4.3

669.7
5.4

4

2595

249.7

249.6

2572

264.4

2705

278.0

2795

2845

283.1

288.2

2895

295.9

2975

306.7

311.1

3165

317.9

Final sales
Change in business inventories

5
6

255.6
4.2

255.4
-5.7

2522
-2.6

255.7
1.6

257.7
6.7

264.3
6.0

268.5
9.5

274.2
5.6

277.8
62

280.0
3.1

2812
7.0

284.4
4.9

289.9
5.9

2925
45

3012
5.6

306.3
4.8

312.5
4.3

312.5
5.4

Durable goods
Final sales
Change in business inventories1

7
8
9

97.5
96.0
1.5

89.4
93.8
-4.4

85.3
90.9
-5.6

91.1
92.8
-1.6

98.4
94.6
3.8

101.8
98.8
3.0

107.4
1015
5.6

106.6
104.0
2.6

110.1
105.4
4.7

1075
106.7
.8

110.3
107.4
2.9

112.9
109.7
3.2

1155
111.8
3.5

1162
115.1
1.1

122.0
117.8
42

123.6
119.7
3.9

126.8
122.4
4.4

125.9
122.2
3.7

Nondurable goods ..
Final sales
Change in business inventories'

10
11
12

162.3
159.6
2.7

160.4
161.6
-1.3

164.3
161.4
3.0

166.1
162.9
3.2

166.0
163.1
2.9

168.5
165.5
3.0

170.7
166.7
4.0

173.3
170.2
3.0

173.9
172.4
1.5

175.6
1733
2.3

177.9
173.8
4.1

176.4
174.7
1.7

180.5
178.1
2.4

181.4
177.7
3.7

184.8
183.4
1.4

187.6
186.6
1.0

190.0
190.1
0

192.0
190.3
1.7

13

2075

212.0

2155

2195

2215

2265

231.0

2345

237.4

2415

2445

2492

2535

2602

265.0

269.1

273.7

277.9

14

615

62.1

63.2

615

635

655

66.2

68.1

685

685

692

724

74.1

745

77.7

782

785

793

Services
Addenda:




15
16

Table 1.3.—Gross Domestic Product by Major Type of Product: Annual, 1929-94, and Quarterly, 1947-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1967

1966

1965

1968

Line
I

III

II

IV

1

II

III

IV

I

II

III

IV

1

1969
III

II

1

IV

II

Grosi domestic product

1

695.6

708.2

7255

747.7

7704

7805

7935

807.1

8175

8235

838.9

854.7

880.5

904.9

920.1

936.8

960.0

974.1

Final sales of domestic pioduct
Change in business inventories

2
3

683.4
12.3

699.0
9.2

715.5
9.5

739.9
7.8

757.0
13.5

767.5
12.5

781.4
12.2

790.1
17.0

802.5
15.0

816.5
6.8

828.5
10.4

845.0
9.7

872.4
8.1

891.0
13.9

912.1
8.0

930.2
6.6

948.1
12.0

964.5
9.7

4

3333

337.0

345.2

356.2

372.7

377.8

380.9

390.9

392.7

3905

395.9

398.8

4135

4255

431.6

435.8

450.0

4525

Final sales
Change in business inventories

5
6

321.1
12.3

327.8
9.2

335.7
9.5

348.4
7.8

359.3
13.5

365.3
12.5

368.8
12.2

373.8
17.0

377.7
15.0

383.7
6.8

385.5
10.4

389.1
9.7

405.4
8.1

412.0
13.9

423.6
8.0

429.3
6.6

438.0
12.0

442.8
9.7

Durable goods
Final sales
Change in business inventories'

7
8
9

139.1
129.4
9.7

137.8
131.3
6.5

141.5
134.1
7.4

141.7
138.5
3.2

155.2
146.1
9.1

156.4
147.0
9.5

159.7
149.2
10.5

165.2
153.6
11.6

156.9
150.6
6.4

157.2
154.5
2.7

159.6
154.3
5.4

163.3
155.9
7.4

165.4
162.6
2.7

170.5
164.7
5.7

173.9
170.7
3.2

179.8
173.0
6.8

185.0
178.5
6.5

181.1
176.6
4.5

Nondurable goods
Final sales
Change in business Inventories'

10
11
12

194.2
191.7
2.6

199.2
196.4
2.7

203.7
201.6
2.1

214.5
209.9
4.6

217.5
213.2
4.4

221.4
218.3
3.0

221.2
2195
1.6

225.6
220.2
5.4

235.8
227.1
8.7

233.2
229.2
4.0

236.2
231.2
5.0

235.6
233.2
2.3

248.1
242.7
5.4

255.4
247.3
8.1

257.7
253.0
4.8

256.0
256.3
-.3

265.0
259.5
5,4

271.4
266.2
5.2

13

281.7

287.2

294.1

303.1

307.9

313.8

324.6

3305

338.7

344.7

3525

361.9

370.3

379.9

3885

397.0

402.7

412.8

14

80.6

84.0

85.8

88.3

895

885

88.1

855

86.1

88.1

90.2

94.0

96.7

99.2

100.0

104.0

107.3

108.8

32.7
784.8

35.0
788.2

35.1
603.8

35.9
818.9

41.7
838.8

44.2
860.7

43.3
876.8

45.2
891.6

46.0
914.1

42.4
931.7

III

IV

Goods

Services
Addenda:

15
16

1972

1971

1970

1969
Line
III

1

IV

Gross domestic product

1

993.6

Final sales of domestic product
Change in business inventories

2
3

III

II

1,001.0 1,013.9 1,0295

982.9
10.7

IV

1

II

III

1,047.8 1,051.3 1,096.8 1,117.7 1,1375

IV

I

1973
III

II

1

IV

1,1495 1,190.2 1,224.4 1,247.8 1,266.8 15375

II

1,369.4 1,391.4 1,4325

4

460.4

995.2 1,011.9 1,025.0 1,042.6 1,054.4 1,084.3 1,106.3 1,126.9 1,150.0 1,185.6 1,211.9
12.4
11.4
-2
4.6
-3.1
12.4
10.4
4.6
5.2
5.8
2.0
535.7
4922
497.7
493.6
512.8
4745
470.0
4635
489.1
461.8
460.1

547.4

563.4

595.3

612.5

6195

649.6

Final sales
Change in business inventories

5
6

449.7
10.7

454.3
5.8

459.8
2.0

465.5
4.6

469.3
5.2

466.6
-3.1

476.7
12.4

480.8
11.4

487.3
10.4

493.8
-.2

508.3
4.6

523.2
12.4

533.5
14.0

554.6
8.7

581.5
13.9

594.9
17.6

607.9
11.6

622.9
26.7

Durable goods
Final sales
Change in business inventories'

7
8
9

187.0
179.4
7.6

186.6
179.9
6.7

1792
180.3
-1.0

182.4
182.8
-.4

188.6
182.8
5.7

170.2
174.7
-4.5

1902
183.4
6.9

188.3
185.0
3.3

193.5
187.9
5.7

188.6
191.8
-4.1

204.0
200.0
4.0

211.6
205.9
5.7

218.3
210.5
7.8

232.0
220.7
11.2

251.0
236.2
14.8

254.8
241.7
13.1

256.0
242.4
15.6

260.4
245.5
14.9

Nondurable goods
Final sales
Change in business inventories1

10
11
12

273.5
270.3
3.1

273.5
274.4
-.9

282.5
279.5
3.0

287.6
262.6
5.0

286.0
286.5
-.5

293.3
291.9
1.4

298.9
293.3
5.6

304.0
295.8
8.2

304.1
299.5
4.7

305.0
302.1
2.9

308.8
308.3
.6

324.1
317.3
6.8

329.1
322.9
6.1

331.4
333.9
-2.5

344.4
345.2
-.9

357.7
353.1
4.6

361.5
365.6
-4.0

389.2
377.4
11.6

13

423.0

434.1

445.2

452.6

463.2

472.9

4882

498.6

5085

520.2

534.5

544.7

554.0

569.0

5805

595.2

607.4

618.4

14

110.2

1065

106.9

106.9

110.0

114.9

119.5

126.9

1315

135.9

1425

144.0

146.4

154.4

161.4

161.7

164.4

164.3

46.8
946.8

43.1
957.9

38.0
975.8

54.4
54.7
50.5
59.8
67.9
63.7
61.9
40.8
51.6
48.8
47.4
50.5
59.8
42.1
27.5
987.4 1,007.0 1,023.8 1,045.2 1,069.0 1,089.9 1,099.2 1,135.7 1,169.7 1,197.3 1,227.0 1,269.6 1,305.7 1,329.4 1,372.5

Goods

Services
Addenda:
Gross domestic product less motor vehicle output

15
16

1974
I
Gross domestic product

1

Final sales of domestic product
Change in business inventories

?
3
4

Goods

5
6

Change in business inventories

II

III

I

IV

II

1977

1976

1975

Line

1,233.8 1,278.1 1,323.6 1,351.7 1,379.8 1,405,6
14.0
11.6
8.7
17.6
13.9
26.7

III

IV

I

II

III

IV

I

1,767.3 1,797.9 1,830.4 1,8804

II

1978
III

I

IV

II

1,934.4 2,005.1 2,063.2 2,104.7 2,147.7 2,273.7

1,4825 1511-7 15465 15605 15975 1,657.1 1,7075
1,433.3 1,466.2 1,504.9 1,526.8 1,572.1 1,612.5 1,657.1 1,706.1 1,751.3 1,776.1 1,811.3 1,869.4 1,919.4 1,982.1 2,031.3 2,062.5 2,119.6 2,246.8
14.9
23.0
32.0
10.9
-11.7
1.2
21.8
19.1
-14.7
0
16.0
22.3
28.1
6.9
20.0
26.9
132
16.3
784.4
823.0
8455
875.2
899.9
914.3
923.5
798.2
810.6
992.9
682.7
7005
733.8
7S5.6
6882
670.0
645.6
658.9

1,446.5

632.4
13.2

642.6
16.3

663.1
6.9

668.2
20.0

694.4
-11.7

715.2
-14.7

733.8
0

754.5
1.2

768.4
16.0

776.4
21.8

791.5
19.1

812.1
10.9

830.4
14.9

852.1
23.0

868.0
32.0

892.0
22.3

895.4
26.1

966.0
26.9

275.5
283.0
-7.6

288.9
293.9
-5.0

297.0
305.1
-8.1

318.3
312.4
5.9

328.3
316.3
12.0

335.6
324.0
11.6

350.1
337.1
13.0

361.4
353.5
7.8

374.7
364.1
10.7

383.2
369.5
13.7

389.1
380.5
8.6

403.0
379.1
23.9

438.4
417.9
20.5

483.9
476.9
7.1

500.4
488.0
12.4

516.7
498.5
18.3

525.2
511.5
13.7

520.5
516.2
4.2

554.4
548.1
6.4

Change in business inventories

7
8
9

255.3
246.8
8.5

259.8
255.8
4.0

273.9
263.2
10.7

281.8
261.1
20.8

260.9
270.4
-9.5

Change in business inventories1

10
11
12

390.3
385.6
4.7

399.1
386.8
12.3

396.1
399.9
-3.8

406.4
407.1
-.7

421.8
424.0
-2.2

425.1
432.2
-7.1

444.9
439.9
5.0

458.6
449.4
9.2

466.1
456.0
10.1

469.9
460.1
9.8

474.9
467.4
7.5

472.9
475.0
-2.1

Services

13

6375

655.6

673.7

695.6

714.6

7365

755.6

7765

7955

8105

8315

8575

880.1

901.5

930.1

954.0

983.4 1,012.2

Structures

14

163.6

167.9

168.0

163.0

163.1

1605

167.7

175.1

167.6

189.2

186.1

1995

209.0

226.4

233.2

236.5

240.8

1

Addenda:
Gross domestic product less motor vehicle output

15
16

268.6

64.1
93.8
96.7
96.4
53.7
74.6
78.9
78.6
83.3
93.6
98.8
108.1
48.1
63.2
64.0
60.3
55.3
55.3
1,391.1 1,427.1 1,447.7 1,486.5 1,512.2 1,544.1 1,593.9 1,643.1 1,692.7 1,718.9 1,751.8 1,797.0 1,840.6 1,911.5 1,966.6 2,005.9 2,051.3 2,165.6
1981

1980

1979

1978
Line
III

IV

I

II

III

25225

25925

IV

I

III

IV

I

II

1982
III

IV

1

II

lit

IV

2,719.4 2,783.4 2,9115 3,040.2 3,0705 3,167.7 3,185.5 3,178.6 3,231.6 3,259.1 3299.1

Gross domestic product

1

2533.9 2,410.2 24645

Final sales of domestic product
Change in business inventories

?
3

2,307.5 2,382.8 2,440.2 2,495.0 2,581.2 2,646.1 2,713.9 2,719.8 2,817.2 2,916.5 3,001.9 3,060.8 3,125.2 3,163.1 3,199.1 3235.3 3,254.8 3,337.2
9.4
22.4
-20.4
-4.7
42.5
8.4
38.3
-3.8
4.3
11.6
4.3
-.3
-33.8
-38.1
27.4
24.3
27.3
26.4
1,014.6 1,055.1 1,082.2 1,101.6 1,133.3 1,143.8 1,1775 1,167.1 1,1805 1,239.0 1,325.7 1,3165 1,3785 1,3495 1,314.5 1547.9 1,343.7 1526.9

Goods

4

2,650.4 2,7225

II

Change in business inventories

5
6

Change in business inventories1

7
8
9

988.2 1,027.7 1,057.9 1,074.2 1,121.7 1,139.5 1,169.1 1,167.5 1214.3 1243.8 1287.4 1,307.1 1,336.4 1,327.0 1,334.9 1,351.7 1,339.4 1,365.0
-20.4
9.4
22.4
8.4
-4.7
42.5
38.3
-3.8
4.3
11.6
4.3
-.3
-33.8
-38.1
27.4
24.3
27.3
26.4
537.4
508.7
531.5
552.0
555.1
569.5
517.8
474.5
486.2
544.5
537.8
484.4
490.5
489.9
515.6
485.4
437.3
469.9
545.4
559.1
539.8
539.8
543.7
507.0
483.7
519.0
539.8
541.1
486.5
488.4
501.9
553.1
462.2
462.9
423.9
446.5
9.7
10.4
-22.0
1.7
12.3
-2.3
.8
-3.2
-92
-15.7
12.5
-37.4
21.4
4.0
1.5
13.4
23.4
23.2

10
11
12

577.4
564.4
13.0

Nondurable goods
Final sales
Change in business inventories1
Services

13

Structures

14

Addenda:
Motor vehicle output
Gross domestic product less motor vehicle output

15
16




585.2
5812
4.0

596.8
5955
1.1

1,035.6 1,061.0 1,0905
283.7

294.1

291.4

6172
611.3
5.9

642.8
635.2
7.6

653.9
651.0
2.8

668.8
662.1
6.7

692.6
683.8
8.8

1,116.7 1,139.6 1,179.5 1,216.2 12495
304.0

319.9

327.1

328.6

303.0

694.3
712.4
-18.1

707.6
724.8
-17.2

773.6
747.6
26.0

1292.7 1,3382 15675
3102

334.5

346.6

761.4
761.6
-.2

809.4
777.3
32.1

811.9
787.2
24.7

796.7
795.1
1.6

1,404.7 1,442.4 1,478.3 1,5155
349.1

346.3

357.8

348.9

803.4
808.0
-4.6

805.8
798.3
7.5

811.3
811.9
-.6

1,540.7 1581.5

1,630.0

333.9

342.1

342.9

91.7
97.3
98.0
105.5
102.0
93.1
85.9
101.1
102.9
90.8
75.1
107.7
100.2
94.1
82.3
114.1
119.6
105.8
2,228.1 2,296.1 2,344.9 2,414.6 2,492.6 2,556.3 2,631.5 2,644.3 2,701.1 2,814.5 2,942.2 2,964.7 3,065.6 3,092.4 3,092.7 3,130.4 3,156.2 3,207.4

Table 1.3.-Gross Domestic Product by Major Type of Product: Annual, 1929-94, and Quarterly, 1947-94-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

1

II

III

IV

1

II

III

Gross domestic product

1

3,361.0

3,469.2

3,563.3

3,664.6

3,791.1

3,879.7

Final sales of domestic product
Change in business inventories

2
3

3,394.3
-33.3

3,477.2
-8.0

3,565.0
-1.7

3,641.2
23.4

3,711.6
79.5

3,808.9
70.7

Goods
Final sales
Change in business inventories

191
i6

1985

1984

1983
Line

IV

I

II

III

IV

1

II

III

IV

3,942.2

3,996.7

4,081.2

4,134.8

4,221.4

4,285.3

4,358.2

4,385.6

4,443.3

4,501.7

3,869.8
72.4

3,949.5
47.2

4,055.6
25.6

4,110.5
24.3

4,201.0
20.5

4,250.9
34.4

4,313.2
45.1

4,366.8
18.8

4,456.5
-13.2

4,513.9
-12.2

1,6563

1,686.1

1,6903

1,714.4

1,706.9

1,722.7

1,738.5

1,632.0
24.3

1,665.6
20.5

1,656.1
34.4

1,669.3
45.1

1,688.1
18.8

1,736.0
-13.2

1,750.7
-12.2

730.8
714.8
16.0

726.7
707.4
19.3

731.4
725.5
5.9

749.9
766.2
-16.3

759.9
766.3
-6.5

4

1,344.1

1,408.6

1,450.1

1,504.7

1,571.6

1,605.7

1,619.4

1,6313

1,646.4

5
6

1,377.3
-<33.3

1,416.6
-8.0

1,4518
-1.7

1,481.3
23.4

1,492.0
79.5

1,535.0
70.7

1,547.0
72.4

1,584.2
47.2

1,620.8
25.6

Durable goods
Final sales
Change in business inventories1

7
8
9

515.2
545.7
-30.6

580.1
577.5
2.6

612.4
593.6
18.8

652.6
627.5
25.1

686.9
633.1
53.8

693.4
650.7
42.7

693.5
652.3
41.1

721.0
684.1
36.9

705.8
696.7
9.1

720.8
710.5
10.4

729.9
731.0
-1.1

Nondurable goods
Final sales
Change in business inventories1

10
11
12

828.9
831.6
-2.7

828.4
839.1
-10.7

837.7
858.3
-20.6

852.1
853.8
-1.7

884.6
858.9
25.7

912.3
884.3
28.1

925.9
894.6
31.3

910.4
900.1
10.3

940.6
924.1
16.5

935.5
921.6
13.9

956.1
934.6
21.6

959.7
941.3
18.4

987.7
961.9
25.8

975.6
962.6
13.0

972.9
969.8
3.1

978.6
984.4
-5.8

Services

13

1,668.1

1,704.4

1,736.6

1,774.4

1,815.3

1,851.4

1,891.6

1,929.0

1,986.0

2,024.9

2,078.1

2,129.1

2,166.4

2,203.0

2,242.7

2,284.6

Structures

14

348.9

356.1

376.6

385.5

404.3

422.6

431.3

436.2

448.7

4533

457.3

465.7

477.5

475.7

477.8

478.6

Addenda:
Motor vehicle output
Gross domestic product less motor vehicle output ....

15
16

1074
3,253.6

115.1
3,354,1

135.1
3,428.2

153.3
3,511.4

157.8
3,633.3

151.3
3,728.4

154.6
3,787.7

172.9
3,823.8

169.0
3,912.2

176.6
3,958.2

188.8
4,032.6

184.7
4,100.6

176.9
4,181.3

183.0
4,202.6

189.6
4,253.7

186.9
4,314.7

I

II

III

IV

1

19130

1989

1988

1987
Line

I
I

III

IV

III

IV

1

II

5,486.9

5,537.8

5,463.0
23.9

Gross domestic product

1

4365.7

4,645.1

4,7223

43353

43983

5,000.4

5,094.5

5,2053

53163

5,413.2

Final sales of domestic product
Change in business inventories

2
3

4,541.5
24.3

4,632.1
13.0

4,720.6
2.0

4,778.2
57.7

4,886.0
12.2

4,993.9
6.4

5,084.8
9.7

5,190.1
15.2

5,277.9
38.8

5,371.4
41.8

I

III

II

IV

5,660.6

5,7503

5,782.2

5,781.7

5,515.4
22.4

5,651.8
8.8

5,709.8
41.0

5,768.7
13.6

5,812.9
-31.2

2,223.4

2,2103

2,1863

4

1,750.2

1,7833

1,812.3

1373.4

1,877.0

1,921.0

1,959.2

2,014.6

2,072.8

2,130.4

2,152.1

2,140.9

2,195.1

1,725.9
24.3

1,770.5
13.0

1,810.3
2.0

1,815.8
57.7

1,864.8
12.2

1,914.5
6.4

1,949.5
9.7

1,999.4
15.2

2,033.9
38.8

2,088.6
41.8

2,128.2
23.9

2,118.5
22.4

2,186.3
8.8

2,182.4
41.0

2,196.9
13.6

2,217.5
-31.2

Durable goods
Final sales
Change in business inventories'

5
6
7
8
9

939.1
929.3
9.9

904.5
922.9
-18.4

Nondurable goods
Final sales
Change in business inventories'

Goods
Final sales
Change in business inventories

756.7
727.9
28.7

779.7
757.6
22.1

789.6
795.0
-6.3

818.6
778.2
40.4

814.4
813.3
1.1

841.1
834.2
6.9

862.7
838.7
24.0

895.5
862.0
33.5

911.8
875.7
36.1

926.4
906.2
20.2

939.6
936.2
3.4

936.6
911.3
25.3

959.3
957.9
1.4

949.7
932.7
16.9

10
11
12

993.5
998.0
-4.5

1,003.8
1,012.9
-9.1

1,022.6
1,015.3
7.3

1,054.8
1,037.6
17.2

1,062.6
1,051.5
11.1

1,079.9
1,080.4
-.5

1,096.5
1,110.8
-14.3

1,119.2
1,137.4
-18.3

1,161.0
1,158.3
2.7

1,204.0
1,182.4
21.6

1,212.5
1,192.0
20.4

1,204.2
1,207.2
-3.0

1,235.8
1,228.4
7.4

1,273.7
1,249.7
24.0

1,271.3
1,267.7
3.7

1,281.8
1,294.6
-12.8

Services

13

2337.2

2,3763

2,417.2

2,461.7

2,525.4

2371.2

2,627.2

2,676.1

2,726.0

2,768.0

2,813.1

2373.9

2,924.9

2,997.8

3,0513

3,093.7

Structures

14

478.3

485.1

493-2

5003

495.9

508.2

508.2

514.6

518.0

514.8

521.7

523.0

540.6

529.6

5203

501.7

Addenda:
Motor vehicle output
Gross domestic product less motor vehicle output ....

15
16

184.9
4,380.8

183.5
4,461.6

184.0
4,538.6

191.9
4,644.1

183.9
4,714.3

201.3
4,799.0

194.7
4,899.8

208.9
4,996.4

214.0
5,102.8

208.5
5,204.7

200.1
5,286.8

198.1
5,339.7

193.4
5,467.2

199.6
5,551.2

199.0
5,583.2

175.6
5,606.1

I

II

I

II

III

IV

I

II

Gross domestic product

1

5,821.9

5,892.5

5,950.2

6,002.1

6,1213

6,201.2

Final sales of domestic product
Change in business inventories

2
3

5,838.2
-16.3

5,912.2
-19.8

5,944.7
5.5

5,980.9
21.3

6,122.1
-.2

6,191.0
10.2

1994

1993

1992

1991
Line

III

IV

I

II

III

IV

III

IV

6,271.7

6,383.1

6,444.5

6,509.1

6374.6

6,704.2

6,7943

6,911.4

6,9863

7,095.7

6,260.1
11.6

6,376.6
6.5

6,413.8
30.7

6,494.7
14.5

6,560.6
14.0

6,681.3
22.9

6.741.9
52.4

6,835.1
76.3

6,936.3
50.2

7,029.6
66.2

4

2,207.7

2,225.2

2,249.4

2,253.6

2,281.1

2301.3

2329.4

2,3723

23883

2,408.7

2,412.0

2,479.6

2,531.2

2,568.6

2,5823

2,643.0

Final sales
Change in business inventories

5
6

2,224.0
-16.3

2,245.0
-19.8

2,243.9
5.5

2,232.4
21.3

2,281.4
-.2

2,291.0
10.2

2,317,8
11.6

2,365.8
6.5

2,357.5
30.7

2,394.2
14.5

2,398.0
14.0

2,456.7
22.9

2,478.8
52.4

2,492.4
76.3

2,532.6
50.2

2,576.9
66.2

Durable goods
Final sales
Change in business inventories1

7
8
9

873.5
912.1
-38.7

906.5
936.0
-29.5

939.5
933.6
5.9

920.6
924.8
-4.2

925.9
944.6
-18.8

956.8
955.7
1.1

958.1
969.2
-11.1

979.3
994.2
-14.9

1,001.5
980.8
20.6

1,021.9
1,014.9
7.0

1,023.6
1,009.4
14.2

1,068.4
1,045.9
22.5

1,081.3
1,052.3
29.0

1,102.6
1,062.1
40.5

1,111.5
1,082.3
29.3

1,128.9
1,093.4
35.6

Nondurable goods

10
11
12

1,334.2
1,311.8
22.4

1,318.7
1,309.0
9.7

1,309.8
1,310.3
-.4

1,333.0
1,307.6
25.4

1,355.3
1,336.8
18.5

1,344.4
1,335.4
9.1

1,371.3
1,348.6
22.7

1,392.9
1,371.6
21.4

1,386.8
1,376.7
10.1

1,386.8
1,379.3
7.4

1,388.4
1,388.6
-.2

1,411.2
1,4103
.4

1,449.9
1,426.5
23.4

1,466.0
1,4302
35.8

1,471.3
1,450.3
20.9

1,514.1
1,483.5
30.6

Goods

Change in business inventories >
Services

13

3,1313

3,186.7

3,221.9

3,264.9

3,338.4

33873

3,432.1

3,486.4

3327.4

3,561.8

3,612.4

3,656.1

3,695.1

3,749.6

3,800.8

33433

Structures

14

482.6

480.5

478.9

483.6

5023

512.4

510.1

524.4

5283

538.6

550.2

5683

568.0

593.1

602.9

6083

Addenda:
Motor vehicle output
Grass domestic product less motor vehicle output ....

15
16

158.7
5,663.2

174.5
5,718.0

1895
5,761.0

185.0
5,817.2

187.7
5,934.1

204.3
5,996.9

207.7
6,063.9

221.3
6,161.8

223.0
6,221.5

226.2
6,282.9

221.5
6,353.1

245.7
6,458.4

265.6
6,528.7

259.9
6,651.5

267.1
6,719.5

271.1
6,824.7

1. Prior to 1959, inventories held by construction establishments are included in nondurable goods.
NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.




Table 1.4.—Real Gross Domestic Product by Major Type of Product: Annual, 1929-94, and Quarterly, 1947-94
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
Line

1929

1930

1931

1932

1933

1934

1935

1941

1942

1943

1944

1945

Gross domestic product
Final sales of domestic product
Change in business inventories
Residual

1
2
3
4

790.9
797.8
12.1
-19.0

719.7
743.2
-6.0
-17.5

674.0
700.0
-8.3
-17.7

5843
620.2
-23.4
-125

5773
600.7
-12.5
-103

641.1
657.5
-5.1
-113

698.4
699.0
6.7
-73

7904
790.8
7.0
-7.8

831.5
825.0
13.5
-7.0

801.2
812.7
-2.5
-9.0

8665
872.8
.9
-7.2

941.2
930.1
14.6
-3.5

1,101.8
1,077.7
26.2
-2.1

1,308.9
1,308.3
11.4
-10.8

1,523.0
1,544.2
-3.5
-17.7

1,644.7
1,667.5
-3.5
-19.3

1,626.7
1,654.6
-8.2
-19.7

Goods
Final sales
Change in business inventories

5
6
7

263.9

230.7

214.6

178.1

182.8

2104

2375

2733

2935

2745

300.8

336.4

400.1

481.2

584.7

629.0

612.8

Durable goods
Final sales
Change in business inventories

1937

1938

1939

1940

8
9
10

Nondurable goods
Final sales
Change in business inventories

1936

11
12
13

Services

14

414.0

408.0

399.7

378.4

3714

3915

405.0

4284

439.9

441.8

459.6

481.4

534.7

640.7

809.4

928.4

936.4

Structures

15

142.2

120.7

975

67.4

525

614

703

97.6

100.1

97.7

1144

1204

154.1

166.3

94.8

64.6

67.1

16

-293

-39.7

-375

-39.6

-295

-234

-14.4

-45

-2.0

-12.8

-83

2.6

12.9

20.7

34.1

22.7

10.4

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

Addenda:
Gross domestic product less motor vehicle output ....

17
18
1958

1959

1960

1961

1962

Gross domestic product
Final sales of domestic product
Change in business inventories
Residual

1
2
3
4

1447.7

1,430.7

1,4914

14795

14113

1,734.0

1,798.7

13814

1363.2

2,001.1

2340.2

2,0785

2.057.5

2,2103

2,262.9

2314.3

2,4543

1,424.7
24.8

1,450.2
-3.4

1,475.7
18.8

1,509.0
-10.0

1,595.4
18.4

1,7055
25.9
24

1,7975
10.2

1,886.9

1,890.9
-6.1

2,089.4
3.0

2.072.6
-.6

2,206.9
13.2

2,264.2
10.5

2,318.0
8.6

2,445.4
19.5

-113

-16.6

1,994.8
14.2
-7.9

2,038.2
11.9

-9.0

-9.9

-13.9

-14.5

-123

-10.1

Goods ..
Final sales
Change in business inventories

5
6
7

544.6

649.7

6844

707.0

6717

7384

7444

750.1

7203

-4.9
7853

-11.8
796.8

799.4

857.8

14
15
16

Line

Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories

-1.8

5.7

-16.1
541.4

-35

-19.2

5633

549.6

-25
6014

7504

709.9

714.1

726.9

7493

8343

889.7

903.6

922.1

9583

13034

1,047.1

1,070.1

1,115.3

1,167.1

1319.9

1,2775

133.0

151.8

1774

1795

2214

214.7

219.4

2314

248.7

269.2

2634

265.0

269.1

2994

2965

304.7

322.2

19.3

27.6

35.1

23.8

38.0

353

244

393

20.7

34.7

25.2

163

-2.0

103

2.5

-4.7

-2.7

1967

1968

1970

1971

1972

1973

1974

1975

1976

1977

33693
3,033.5

3,2933
3378.0
26.9
-114

3,393.6
3,377.2
27.0
-104

3397.6
3,406.5
5.4
-143

35104
3,499.8
22.3

4482.9
4,061.7

23.4

-10.2

29.8

-4.6

-85

1,1704

1304.7

1,188.8

13164

1,403.1

-42 3
13803

4,273.6
4340.8
38.8
-4.0

1,1203

3,9163
3,883.9
37.7
-53
1,4245

3,873.9
3,906.4

1,106.9

3,7023
3,689.5
24.7
-11.9
13055

3,891.2
3,873.4

-6.7

3,147.2
3,125.1
32.0
-9.9

14795

1555.1

15574

1,639.4

1,7124

1,774.1

1524.0

14754

1,936.1

2,004.4

2,0633

2,1235

2,1825

2,2505

3803

4034

4084

391.1

427.4

4594

469.0

4205

3823

4183

458.7

7.4

75

-83

-104

13

184

43

-12.1

23

9.3

8
9
10
11
12
13

Addenda:
Gross domestic product less motor vehicle output ....

17
18
1963

1964

1965

2,559.4

Gross domestic product
Final sales ol domestic product
Change in business inventories
Residual

2,708.4
2,705.1
15.6
-123

2381.1

2,552.4

9403

2,860.4
30.3
-45
1,0173

1,336.9

1,4063

1,4725

343.9

367.0

385.4

-5.7

5.4

17.8

-10.8

Goods
Final sales
Change in business inventories

42.4

-12.1

Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories
Services
Structures

^74

Residual

185

6.0

Addenda:
Motor vehicle output
Gross domestic product less motor vehicle output ....
1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

Gross domestic product
Final sales ol domestic product
Change in business inventories
Residual

4,615.0
4,641.9

4,720.7

45203

4303.7

5,140.1

53234

5,487.7

5,6494

54653

6,062.0

6,1363

64794

6,244.4

6,339.6

4,691.6

4,651.2
-15.6

4,821.2
-5.7

5,061.6
75.3

5396.9
303

6,126.7
10.4

6,082.6
-3.0

6337.4
7.0

6,368.9
22.1

3.2

-3.6

-23

5,855.1
11.7
-14

6,028.7
33.3

-114

5,480.9
11.1
-4.3

5,626.0
26.4

-153

-.8

-.2

Goods
Final sales
Change in business inventories

1589.7

14813

1,748.9

1,926.4

1,966.1

2,0184

2,0773

2,1814

23014

2,3044

2362.7

2321.0

23915

1,706.7
-15.6

1,762.6
-5.7

1,853.3
75.3

1,940.6
303

2,011.7
11.1

2,055.0
26.4

2,171.0
11.7

23693
33.3

2,295.4
10.4

2365.9
-3.0

2314.0
7.0

2,370.7
22.1

Durable goods
Final sales
Change in business inventories

588.7
604.4
-17.8

643.1
637.6
4.9

751.3
703.1
49.7

768.9
7583
10.0

795.6
793.6
.9

843.7
819.8
23.5

914.7
897.0
17.6

974.2
951.9
22.4

966.5
963.9
2.7

9173
934.2
-16.6

955.0
965.9
-10.9

1,023.1
1,007.0
15.8

Nondurable goods
Final sales
Change in business inventories

1,114.3
1,122.6
2.0

1.121.5
1.142.6
-10.3

1,182.8
1,160.9
26.1

1304.7
1,189.0
20.1

1,229.6
1,223.5
10.3

1.237.1
1.239.2
2.4

13663
1,274.8
-6.1

1326.8
1,317.2
11.0

1,337.9
1,331.3
7.6

1,345.6
1,3313
13.4

1.366.0
1.348.1
17.9

1,368.5
1,363.8
6.2

Line

Services
Structures
Residual
Addenda:
Motor vehicle oulput
Gross domestic product less motor vehicle oulput

-10.2
-16.7

33.1
-44
1,7614

0

-1.4

2,441.4

2,4753

2518.7

25984

2,678.0

2,7974

2303.2

3,0114

3,128.6

33085

3,2954

33323

3411.1

3,4695

475.9

468.8

4285

460.7

523.1

5503

5584

554.6

5503

546.0

5333

4845

5123

528.7

8.0

14.3

-38.1

-30.2

-.8

-13

-2.2

-14

25

5.0

2.1

-.2

125.1
4,499.0

161.2
4,643.9

195.0
4,944.9

2213
5,643.8

223.8
5,838.1

205.1
5,931.3

182.0
5,897.3

NOTE T USERS: See the cautionaiy note on page 6 concerning comparisons of chained (1992) dollar estimates.
O
See note at the end of the table.




0

214.3
5,108.0

213.8
5,273.2

209.9
5,439.4

0

205.3
6,039.1

-1.4

219.7
6,169.7

Table 1.4.—Real Gross Domestic Product by Major Type of Product: Annual, 1929-94, and Quarterly, 1947-94—Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
1947

1948

1949

1950

1951

Line
1
G r a n domestic product
Final sales of domestic pioduct
Change in business inventories
Residual
Goods ....
Final sales
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories
Services .
Structures

1
2

3
4
5
6
7
8
9
10
11
12
13
14
15
16

II

III

IV

I

II

III

IV

I

III

II

IV

I

II

III

IV

1

II

1,402.5 1,424.6 1,4373 1,458.1 1,474.3 1,493.9 1,497.0 1,498.9 1,480.1 1,474.1 1,490.7 1,474.5 1338.2 1,584.5 1,644.1 1,6783 1,693.1 1,724.0
1,432.0 1,447.0 1,460.7 1,461.1 1,465.6 1,473.8 1,475.3 1,488.0 1,494.1 1,513.3 1,512.1 1,516.5 1,541.2 1,582.2 1,637.5 1,620.8 1,665.1 1,674.0
6.7
16.0
-.3
-16.2
-6.2
-17.3
10.0
-6.1
-6.2
7.2
14.0
22.1
23.3
13.5
43.3
25.9
-9.5
38.4
-9.7
-S.1
-13.7
-23.0
-15.2
-24.7
-7.7
-17.3
-173
-10.2
-53
-2.0
-13
-6.9
14.5
2.1
-20.0
113
552.2
555.7
571.4
542.1
580.0
565.0
564.9
5653
548.0
555.4
541.4
587.7
616.4
631.7
527.5
5433
634.4
645.9

712.8
1413
20.6

714.2
1403
27.8

7123
1533
27.7

7003
171.4
343

706.1
1713
363

7113
1813
383

715.1
1823
35.0

724.1
1763
323

724.9
1713
28.2

735.7
172.6
19.8

726.9
182.1
263

719.9
192.1
21,1

730.5
205.4
30.9

741.9
220.9
34.0

752.9
231.5
43.3

774.5
228.4
44.0

795.7
223.7
39.3

8273
215.4
35.7

Addenda:
Gross domestic pioduct less motor vehicle output

17
18
1951

1952

1953

1954

1955

Line
III

Final sales of domestic product
Change in business inventories
Residual
Goods
Final sales ..
Change in business inventories
Durable goods
Final sales ..
Change in business inventories
Nondurable goods
Final sales ..
Change in business inventories
Services
Structures
Residual

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16

IV

1

III

II

IV

1

II

III

IV

1

II

III

IV

1

II

III

IV

1,758.2 1,760.6 1,7792 1,778.8 1,7903 1346.0 13823 13973 1,887.4 1358.2 1,849.9 1,8483 1,868.9 1,9053 1,959.6 1,994.4 2,020.1 2.030.5
1,728.4 1,754.5 1,770.3 1,799.3 1,782.6 1337.9 1,878.5 1,895.0 1,891.7 1,882.3 1,871.5 1,876.0 1,893.1 1,922.9 1,959.2 1,986.6 2,014.9 2.018.6
-6.2
-2.5
26.5
12.9
14.6
-2.8
14.1
11.9
6.4
-6.2
-7.2
14.7
10.6
-9.4
9.7
15.1
13.8
18.3
-16.4
-143
-17.9
33
-63
-5.7
-17.7
-6.0
-73
-10.7
-17.0
-63
-83
-18.1
-93
-7.3
-8.6
-8.4
658.1
680.4
6803
651.4
6573
689.0
7113
720.1
709.8
686.4
675.0
671.8
697.9
743.2
670.2
710.0
7503
751.5

8573
210.2
323

857.0
209.7
333

874.8
2153
28.2

891.3
217.7
18.4

895.2
217.8
20.1

897.4
226.7
32.9

895.0
232.2
433

8983
2323
463

III

IV

9093
229.3
383

9113
232.4
27.9

9153
237.9
213

916.6
2423
18.9

932.0
250.2
14.9

924.3
255.9
27.5

958.2
268.7
22.7

936.2
272.7
42.3

960.4
269.9
39.0

978.4
265.6
35.0

Addenda:
Gross domestic product less motor vehicle output

17
18
1956

1957

1958

1959

1960

Line
I
Grass domestic product
Final sales of domestic pioduct
Change in business inventories
Residual
Goods
Final sales
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories
Services ..
Structures
Residual
Addends:
Gross domestk: product less motor vehicle output

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16

II

III

IV

1

II

I

II

III

IV

I

II

III

IV

I

II

2,0233 2.037.7 2,033.4 23682 2,0773 2,0713 2,0943 2,0703 23123 2,024.7 2,072.3 2,120.6 2,165.0 2,223.3 2,2214 2,231.0 2,279.2 2,265.5
2,014.6 2.034.8 2,035.0 2,068.4 2,086.4 2,079.1 2,096.0 2,096.2 2,040.7 2,051.6 2,079.9 2,118.2 2,165.5 2,204.2 2,232.6 2,225.3 2,248.5 2,268.4
16.7
8.9
12.5
9.5
4.5
5.5
9.1
-72
-9.3
-8.4
4.3
11.0
10.9
23.7
8.8
3.5
14.6
33.6
-7.7
-11.1
-11.1
-8.6
-11.1
-13.4
-12.7
-11.7
-182
-183
-18.5
-11.9
-83
-11.4
-4.6
-14.7
-8.9
-2.9
743.6
7443
739.6
7483
755.7
766.7
795.4
747.6
7593
7372
700.9
7042
727.7
7483
787.3
791.4
813.2
801.1

9833
268.1
303

996.7 1,001.1 13303
2672
2893
268.9
26.9
233
203

13313
2673
223

1343.7 1351.4 1,061.9 1,053.2 1,0672 1,0763 1,083.2 1,090.7 1,107.4 1,1233 1,139.8 1,1533
264.4
2633
2633
284.4
2643
260.2
2683
298.4
3043
292.4
302.0
300.9
162
192
74
-6.0
-83
^5
4.7
92
15.7
8.8
7.4
11.8

1,165.9
2933
4.7

17
18
1980

1961

1962

1963

1964

Line
III
Gross domestic product
Final sales of domestic product
Change in business inventories
Residual
Goods
Final sales
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories
Services ..
Structures
Residual
Addenda:
Gross domestic product less motor vehicle output




1

2
3
4
5

IV

1

II

III

IV

1

II

III

IV

I

II

III

IV

I

II

III

IV

2,2683 2,238.6 2,251.7 22923 23323 23813 2,4223 2448.0 2471.9 2,476.7 2308.7 2,538.1 23863 2,604.6 2,668.7 2,6973 2,729.6 2,739.7
2,265.1 2274.7 2277.7 2,301.1 2,320.4 2,372.8 2,400.3 2,440.7 2,462.0 2,478.7 2,492.4 2,533.8 2,578.0 2,605.3 2,663.1 2,695.0 2,727.6 2,734.5
14.0
-14.3
-7.0
4.6
20.0
17.5
16.7
28.2
20.7
11.6
25.0
19.0
15.4
11.8
15.5
14.9
14.5
17.4
-103
-213
-193
-13.7
-73
-102
-83
-63
-103
-133
-8.7
-11.1
-10.7
-12.5
-11.9
-12.4
-12.5
-12.2
802.1
770.7
7683
790.7
811.4
854.9
8283
849.2
8683
861.1
877.0
877.9
895.9
921.8
8943
9363
9523
9523

7
8
9
10
11
12
13
14
15
16
17
18

1,168.2 1,1803 1,1973 12162 1,2223 12432
296.4
304.4
3142
2933
297.9
303.9
-S3
4.7
-103
-173
-113
-6.7

1258.9 12724 12813 1,297.2 1307.0 1326.1 1,347.9 1,366.8 1,3843 1,4003 1,412.4 1,4273
3273
354.0
3663
323.4
3243
3423
3254
3154
351.7
3684
367.7
3853
-2.8
-6.1
-12.1
-3.0
-2.7
-6.1
-3
-.8
-8.1
-83
-64
-53

Table 1.4.—Real Gross Domestic Product by Major Type of Product: Annual, 1929-94, and Quarterly, 1947-94—Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
1965

1966

1967

1968

1969

Line
1
Gross domestic product
Final sales of domestic product
Change in business inventories
Residual
Goods
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories
Services
Structures
Residual
Addenda:
Gross domestic product less motor vehicle output

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

2,808.9 2,846.3 2,898.8 2,970.5 3,042.4 3,055.5 3,076.5 3.102.4 3,127.2 3,129.5 3,154.2 3,178.0 3.236.2 3,292.1 3,316.1 3531.2 3,381.9 3,390.2
2,777.2 2,826.7 2,879.8 2,957.8 3,008.8 3,023.1 3.047.2 3,054.8 3,085.6 3,119.0 3,134.2 3,161.5 3.225.3 3,258.0 3,303.9 3,325.1 3,357.5 3,373.0
37.6
51.3
23.1
38.2
29.0
29.1
24.7
41.5
39.4
46.1
30.6
23.5
27.9
41.2
23.6
19.5
33.9
28.7
-8.3
-3.7
-6.5
-10.0
-9.5
-12.0
-7.9
-7.0
-4.5
-10.6
-13.0
-11.4
-12.2
-7.1
-11.4
-13.4
-95
-11.5
994.1 1,000.6 1,021.3 1,055.3 1,094.1 1,104.8 1.104.3 1.124.5 1,126.5 1,116.5 1,118.8 1,118.9 1,149.1 1,1745 1,180.5 1,179.7 1,208.2 1,203.4

1,437.9 1,459.2 1,482.3 1,510.7 1,526.4 1,543.5
384.3
395.2
403.3
370.8
386.5
391.3
2.2
9.3
18.6
6.1
20.7
3.9

1,572.7 1,588.6
384.6
369.0
20.3
14.9

1,616-0 1,627.8 1,648.0 1,665.6 1,683.3 1,705.0 1,722.1 1,737.6 1,747.8 1,767.9
369.3
382.3
397.3
376.4
392.8
4032
405.1
409.0
414.4
412.6
15 4
5.1
8.8
.7
65
8.4
9.9
4.9
115
65

17
18
1969

1971

1970

1972

1973

Line
III
Gross domestic product
Final sales of domestic product
Change in business inventories
Residual
Goods
Final sales .
Change in business inventories
Durable goods
Final sales .
Change in business inventories
Nondurable goods
Final sales .
Change in business inventories
Services
Structures
Residual
Addenda:
Gross domestic product less motor vehicle output

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16

IV

1

II

III

IV

1

II

III

IV

1

II

III

IV

I

II

III

IV

3,409.7 3,392.6 35865 3,3915 3,423.0 3,389.4 3,481.4 3500.9 35235 35335 3,604.7 3,687.9 3,726.2 3,790.4 3,892.2 3519.0 3,907.1 3,947.1
3.389.6 3,388.9 3,397.6 3,391.9 3,421.9 3,414.8 3,458.9 3,481.2 3,509.4 3,549.5 3.608.0 3,665.7 3,700.0 3,784.3 3.867.0 3,884.5 3,890.9 3,893.1
29.7
12.1
31.9
30.2
2.0
3.7
15.5
-8.7
31.8
25.2
53.8
18.2
12.7
13.9
33.1
35.6
41.3
23.9
-9.6
-15.4
-6.7
.2
-11.8
-14.8
-16.7
-95
-10.5
-105
-17.7
-12.1
-S.4
-13.0
-125
-10.9
-6.8
-7.7
1.209.7 1,197.6 1,188.0 1,198.2 1,2045 1,164.6 12175 1,215.1 1,2225 1,212.0 1.247.1 1501.9 15245 1,350.2 1.410.1 1,4255 1,4122 1,450.0

1,780.0 1,800.9 1511-7
414.1
394.1
391.4
5.9
0
-4.6

15155 1,830.2 1,838.4 15605
402.8
391.3
379.1
4095
-16.4
-3.0
-15
-62

1,869.0 1,877.1 1,8965
433.0
426.2
440.6
-9.1
-94
-15.1

1,911.4 1,928.4 1,940.6 1,963.9 1,9815 25025 2,014.4 2,019.0
455.8
455.6
4685
455.9
482.1
471.8
466.2
4555
-9.4
1.8
5.4
75
185
19.2
14.3
225

17
18
1974

1975

1976

1977

1978

Line
1
Gross domestic product
Final sales of domestic product
Change in business inventories
Residual
Goods
Final sales ..
Change in business inventories
Durable goods
Final sales ..
Change in business inventories
Nondurable goods
Final sales ..
Change in business inventories
Services
Structures
Residual
Addenda:
Gross domestic product less motor vehicle output

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16

II

III

IV

I

II

III

I

IV

II

III

IV

1

II

III

IV

1

II

3,908.1 3.922.6 3,880.0 3554.1 3,8005 3,835.2 3,9075 3,952.5 4,044.6 4,072.2 4,0885 4,1264 4,1765 4.260.1 4,3295 45285 45455 4510.7
3.889.1 3.899.7 3,882.5 3,822.2 3,848.3 3,887.9 3,922.7 3,966.7 4,027.0 4,039.1 4,061.7 4,119.0 4,161.4 4,228.4 4,270.0 4,303.3 4,306.0 4,474.6
23.7
25.8
38.9
59.0
34.6
-232
9.4
-23.6
2.6
3.4
28.1
38.6
33.4
19.0
24.9
32.3
46.0
43.1
-4.7
-2.9
-7.2
5
-24.2
-11.9
-2.7
-29.1
-185
-175
-55
-6.6
-11.6
-105
-10.0
-75
-65
-7.0
1.414.2 1,420.1 1,3945 1,383.8 1,3415 1561.7 1599.8 1,418.1 1,461.4 1,481.4 1,488.1 1,4872 15105 1.547.2 15845 1577.9 1,5745 1,660.8

2,0425 2,057.9 2,0675 2,085.0 2,0955 2,119.4 2,1335 2,1455 2,160.9 2,1705 2,189.1 2,211.2 22245 2,234.4 2,264.9 2,278.2 2506.3 25304
3895
4345
416.4
3805
370.1
383.4
3955
420.9
467.8
440.6
4155
4085
428.0
438.2
462.2
4985
4665
4595
-4.6
9.7
15
-16.7
-165
-8.2
-S.7
1.4
10.7
10.5
45
25
0
205
3.3
10.0
135
5.1

17
18
1978

1980

1979

1981

1982

Line
III
Gross domestic product
Final sales of domestic product
Change in business inventories
Residual
Goods
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories
Services
Structures
Residual
Addenda:
Motor vehicle output
Gross domestic product less motor vehicle output




1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18

IV

I

II

III

IV

1

II

III

IV

1

II

III

IV

1

4552.1 4,603.7 4,605.7 45155 4544.9 45562 4,6795 45665 45625 4551.9 4,739.2 4,6965 4,753.0 4,6935 4,615.9
4,511.6 4,565.4 4,579.0 4,577.0 4,639.2 4,662.5 4,675.3 4,579.0 4,637.1 4,676.1 4,692.9 4,699.0 4,702.5 4,672.0 4,655.4
50.0
35.3
41.6
15.1
3.5
9.0
-1.7
-43.8
-4.4
44.3
11.5
42.6
39.6
26.8
-21.9
5
-8.6
-35
-9.4
-95
-5.3
-10.7
-19.8
2.0
-13.7
-5.0
-31.0
-2.1
-1.0
-17.6
1571.7 1,701.1 1,701.4 15965 1,7162 1,7095 1,727.1 15765 15545 1,7005 1,7802 1,738.7 1,7925 1,736.0 1,6765
1,709.6
^21.9
585.4
608.4
-25.5
1,113.6
1,1205
3.3
2544.1 25565 2579.7 2591.0 2,3855 2,409.1 2,423.9 2,4265 2,4515 2,4635 2,4555 2,473.9 2,485.6 2,4875 25025
4425
5145
519.8
502.9
508.4
518.4
5075
457.4
4575
5175
480.4
4815
472.7
4595
462.0
-36.0
225
265
21.7
195
245
202
5.6
-15
115
202
75
21.7
155
7.9

II

III

IV

4,634.9
4,6512
-4.0
-12.3
1,705.8
1,718.7
-4.0
607.7
6055
.9
1,118.0
1,134.5
-4.8
2502.9
429.2
-335

4,612.1
4,616.9
6.6
-114
1,6845
1.687.1
6.6
594.9
597.1
-3.2
1,110.6
1.110.2
9.7
2520.4
416.1
-38.2

4,6185
4,681.3
-43.0
-20.0
1,657.0
1,711.5
-43.0
566.8
606.7
-43.4
1,115.0
1,125.0
-.1
2548.6
426.7
-452

115.1
132.7
134.2
118.4
4,505.6 4,505.3 4,480.8 4,5042

Table 1.4.—Real Gross Domestic Product by Major Type of Product: Annual, 1929-94, and Quarterly, 1947-94-Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]

I

III

4.663.0
4,719.4
-38.4

Grots domestic product
Final sales of domestic product
Change in business inventories

-18.0

Residual

2.009.8
1.991.5
22.9

781.3
759.3
23.2

786.2
778.4
7.1

803.5
819.8
-17.9

1,208.0

1,242.8
1.216.6
29.8

1.230.9
1,219.5
15.9

1,219.9
1.221.4
2.1

2,870.4

2,890.7

2,9145

9,2573
5.231.7
29.5
-3.9

5,283.7
5,261.0
27.2
-45

5359.6
5,336.9
25.4
-2.7

1.771.7
1,780.2
-.7

1,825.0
1,805.2
26.1

1,892.0
1,806.3
87.4

1,930.3
1,853.0
79.3

1,937.9
1,858.9
80.3

1,945.4
1.894.8
54.1

1,949.9
1.925.4
29.5

1,950.9
1.929.0
27.2

1.983.4
1.961.5
25.4

666.9
645.2
22.1

707.3
678.6
293
1,126.0
1.138.5
-2.6

742.7
683.6
61.3

748.2
701.3
48.2

770.1
729.0
42.7

752.1
740.7
10.9

768.0
755.2
12.2

776.5
776.3
-1.8

1.155.8
1,133.6

1,190.8
1,163.0
31.6
2,664.8
5235
.4

744.1
698.8
46.5
1,203.9
1.172.4
34.2

1.180.7
1.174.8
11.6

1207.4
1.193.8
18.5

1.189.3
1.180.1
14.8

1.214.2
1,190.0
27.6

19.6

2,688.4

2,7125

2.751.5

2,774.0

2.816.3

2,8495

533.3

545.2

549.4

550.6

556.1

-.3

-35

-2.0

185.3
4,948.0

188.9
4,981.7

210.6
4,991.8

202.4
5,054.4

2122
5.070.4

Nondurable goods
Final sales
Change in business inventories

1.130.3
1.143.4
-3.6

1,112.3
1,136.3
-12.8

1.117.1
1,152.4

2.570.5

2.590.6

2.604.8

Structures

437.8

448.3

473.5

Residual

-46.1

-323

-26.9

137.7
4.528.1

146.2

-22.1

4,680.2

26.9

2.627.6

2,646.2

483.1

5043

-153

-2.8

191.1
4,747.5

195.1
4.857.9

III

1

IV

III

II

.
6
224.3
5.133.6

5,358.0
38.5
-2.9

1,192.3

-3.2
218.5
5,173.8

565.6

5565

-4.1

-3.7

-.5

210.1
5,250.2

214.6
5,251.6

217.8
5,277.6

1990

1989

1988

1987
Line

Change in business inventories

2,0155
1.967.5
52.9

-11.0

5.203.7
5,149.9
54.1
-.3

563.9
596.2
-35.2

Goods

1,980.4
1,946.3
38.5
778.9
760.5
18.8

5,4963
5,5182
-16.3
-65
2,0183
2.038.3
-16.3

5.170.3
5,085.6
80.3
4.4

Durable goods
Final sales
Change in business inventories

Gross domestic product
Final sales of domestic product
Change in business inventories
Residual

5,466.9
5.448.4
22.9
-4.4

5,1325
5,050.0
79.3
3.6

-12.0

II

5,4605
5,410.5
52.9
-2.6

5,053.6
4,961.0
87.4
5.2

4.849.0
4,860.7
-.7

1,730.9
1.748.5
-9.7
634.3
630.2
3.3

I

I

I

IV

4,939.2
4,919.5
26.1
-6.4

4,763.6
4,785.3
-9.7

1,668.0
1,716.4
-38.4

Addenda:
Motor vehicle output
Gross domestic product less motor vehicle output

I

IV

Goods ...
Final sales
Change in business inventories

Services

1985

1984

1983
Line

IV

IV

III

II

I

I

II

IV

III

6,152.6
6,144.6
10.9
-2.9

6,171.6
6,127.5
43.6
.5

6,142.1
6,126.6
14.9
.6

6,079.0
6,108.1
-27.8
-13

1
2
3
4

5,561.8
5,535.8
29.7
-3.7

5,618.0
5,608.4
14.8
-5.2

5,667.4
5,671.5
1.4
-5.5

5,7505
5,688.3
59.8
2.5

5,7853
5,774.2
14.0
-2.9

5,844.0
5,840.1
6.0
-2.1

5,878.7
5,869.2
11.3
-1.8

5,952.8
5,937.0
15.7
.1

6,011.0
5,970.0
41.2
-.2

6,055.6
6,010.9
43.8
.9

6,088.0
6,063.1
25.4
-5

6,0935
6,070.8
22.8
-.1

5
6
7

2,033.0
2,007.6
29.7

2,059.9
2,050.2
14.8

2,080.6
2,084.1
1.4

2,138.3
2,078.0
59.8

2,140.0
2,129.0
14.0

2,170.8
2,166.7
6.0

2,1825
2,172.7
11.3

2,231.1
2,215,5
15.7

2,2755
2235.5
41.2

2,312.4
2,268.8
43.8

2,3205
2,296.3
25.4

2298.7
2,276.5
22.8

2,3265
2,318.8
10.9

2532.7
2,289.5
43.6

2,3015
2,286.4
14.9

2,258.1
2,286.8
-27.8

Durable goods
Final sales .
Change in business inventories

8
9
10

811.7
779.5
32.0

838.4
813.8
24.4

845.8
851.3
-5.4

878.7
834.6
42.8

876.7
875.3
1.7

907.4
899.7
7.7

920.8
895.0
26.0

953.9
918.1
35.2

965.1
927.2
37.9

976.2
954.9
21.1

980.3
976.7
4.1

975.0
948.8
26.6

992.9
991.4
1.9

981.4
963.8
173

965.7
955.6
10.2

926.0
944.7
-18.4

Nondurable goods

11
12
13

1,226.1
1,235.1
-3.2

1,223.9
1240.7
-10.6

1,237.2
1234.5
6.8

1,261.1
1246.7
16.6

1,265.1
1255.1
12.1

1,263.2
1,267.4
-2.0

1,260.7
1,278.8
-14.9

1,275.7
1298.0
-19.5

1,309.4
1,308.8
3.4

1,335.6
1,313.5
22.8

1,339.4
1,318.7
21.1

1,322.8
1,327.7
-3.3

1,332.9
1,326.5
8.9

1,350.9
1,325.5
26.1

1,335.5
1,330.8
4.7

1,332.1
1,342.2
-9.5

Services

14

25755

3,000.8

3,024.8

3,045.2

3,094.7

3,1133

3,1415

3,1645

3,177.4

3,194.7

3,215.0

3,2465

3,264.8

3293.9

3510.1

3312.7

Structures

15

548.9

552.5

556.9

560.3

546.4

554.7

5505

551.9

5515

542.2

546.4

543.6

555.9

541.4

5282

5075

16

-6.0

-3.6

-15

4.4

3.2

1.7

45

4.5

6.4

6.0

35

32

3.6

25

-.2

17
18

211.3
5,350.1

207.3
5,410.8

205.9
5,461.7

215.2
5,535.2

228.0
5,615.5

217.0
5,661.4

231.1
5,721.3

236.4
5,774.1

228.4
5,827.0

216.8
5,871.2

213.6
5,880.0

208.1
5,944.5

214.2
5,957.4

212.4
5,929.8

185.5
5,893.3

Change in business inventories

Addenda:
Motor vehicle output
Gross domestic product less motor vehicle output ....

0
208.6
5,576.9

III

II

1

I

IV

III

II

1994

1993

1992

1991

1

IV

II

III

IV

I

II

III

IV

1
2
,1
4

6,047.5
6,065.4
-17.1
-.8

6,074.7
6,095.9
-20.7
-5

6,090.1
6,085.4
4.7
0

6,1053
6,083.8
21.3
2

6,175.7
6,175.8
-.5
.4

6,2142
6,203.8
11.0
-.6

6,260.7
6,249.5
12.0
-5

6,327.1
6,320.7
5.6
5

6327.9
6,297.3
32.3
-1.7

6359.9
6,344.9
16.6
-15

6393.5
6,379.3
15.3
-1.1

6,476.9
6,453.8
24.2
-1.1

65245
6,473.0
53.1
-1.6

65005
6,526.7
75.9
-23

6,6295
6,580.4
49.7
-5

6,688.6
6,624.8
63.6
.2

5

2,2515
2269.0
-17.1

2,256.7
2,277.7
-20.7

2,272.0
2,267.2
4.7

2,270.9
2249.6
21.3

2,289.2
2,289.3
-.5

2301.2
2290.7
11.0

23272
2,316.0
12.0

2,366.4
2,360.1
5.6

2563.6
2332.9
32.3

2,383.2
2368.1
16.6

2582.7
2,368.6
15.3

2,4365
2,413.2
24.2

2,476.7
2,424.5
53.1

2508.6
2,433.8
75.9

2,5084
2,458.9
49.7

2,563.1
2,498.4
63.6

8
9
10

866.7
926.0
-38.9

915.0
944.9
-29.5

944.0
938.2
6.1

923.3
927.5
-4.2

926.6
945.2
-18.7

955.1
953.8
12

958.5
970.0
-11.4

980.0
994.8
-14.8

998.0
977.3
20.7

1,016.4
1,009.0
7.0

1,017.6
1,003.4
13.8

1,060.6
1,038.2
21.9

1,069.2
1,040.4
28.0

1,084.7
1,044.7
39.1

1,090.8
1,062.1
282

1,114.1
1,079.4
33.8

11
12
13

1,365.1
1343.3
21.3

1,341.7
1,332.8
8.4

1,327.8
1,329.0
-1.5

1,347.6
1,322.1
25.5

1,362.7
1,344.2
18.1

1,346.1
1,336.9
9.7

1,368.7
1,346.0
23.4

1,386.5
1,365.3
20.5

1,365.6
1,355.6
11.6

1,367.0
1,359.2
9.7

1,365.3
1,365.2
1.4

1,376.3
1,375.3
2.1

1,407.9
1,384.3
25.0

1,424.3
1,389.3
36.8

1,418.1
1,397.2
21.4

1,449.4
1,419.3
29.7

14

35085

3335.0

3,338.3

3347.2

3,379.4

3398.6

3,424.2

3,442.3

3,447.0

3,454.1

3,480.4

3,496.4

3,5104

35335

3,559.7

3567.7

15

4873

4834

480.1

487.3

507.1

5144

509.4

5185

5175

5225

5303

5445

538.6

5595

562.1

560.1

Residual

16

-.3

-5

-.1

-.1

4

-.4

-.9

5

-1.8

-1.9

-15

-15

-2.2

-25

-12

-14

Addenda:
Motor vehicle output
Gross domestic product less motor vehicle output ....

17
18

165.1
5,882.1

193.5
5,896.6

187.4
5,917.7

190.3
5,985.3

204.7
6,009.5

207.0
6,053.8

219.2
6,107.8

216.7
6,111.1

217.6
6,142.2

212.0
6,181.5

232.4
62442

250.3
6,273.7

240.5
6,359.6

245.0
6,384.1

248.1
6,440.1

Gross domestic product
Final sales of domestic product
Residual

fi

Change in business inventories
Durable goods
Change in business inventories
Nondurable goods
Change in business inventories

7

182.0
5,892.6

NOTE—Chained (1992) dollar series are calculated as the product of the chain-type quantity index and the 1992
current-dollar value of the corresponding series, divided by 100. Because the lOrmula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
Hie residual line following change in business inventories is the difference between gross domestic product and
the sum of final sales of domestic product and of change in business inventories; the residual line following struc-




tures is the difference between gross domestic product and the sum of the detailed lines of goods, of services,
and of structures for 1982 and later periods. Prior to 1982, this residual line is calculated as the difference between
gross domestic product and the sum of goods, services, and structures.
Peicent changes from preceding period for selected items in this table are shown in table 8.1.
Chain-type quantity indexes for the series in this table appear in table 7.17.

Table 1.5.—Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers: Annual, 1929-94, and
Quarterly, 1946-94
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line

1929

1930

1932

1931

1934

1933

1935

1937

1936

1938

1939

1940

1941

1942

1943

1944

1945

Gross domestic product

1

1034

91.1

76.4

58.6

56.2

65.9

73.1

835

91.8

854

914

101.2

126.7

161.6

198.3

219.7

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

5.9
5.6

4.4
4.1

2.9
2.9

2.0
1.9

2.0
1.9

2.6
22

2.8
3.0

3.0
3.2

4.0
4.0

3.8
2.8

3.9
3.1

4.8
3.4

5.4
4.4

4.3
4.6

3.9
6.3

4.8
6.9

6.7
7.5

Equals: Gross domestic purchases

4

103.4

90.7

76.4

585

56.2

655

735

835

91.7

85.0

91.1

99.8

125.7

162.0

200.6

221.9

224.0

223.2

Less: Change in business inventories

5

1.7

-.4

-1.1

-2.5

-1.5

-.6

1.1

1.2

2.7

-.6

.2

2.4

4.4

1.9

-.8

-.9

-1.4

Equals: Final sales to domestic purchasers

6

101.7

91.1

775

61.0

57.7

66.1

72.2

825

89.1

85.6

90.9

97.4

1215

160.1

201.5

222.8

2255

Line

1946

1947

1948

1949

1951

1950

1952

1954

1953

1955

1957

1956

1959

1958

1960

1961

1962

Gross domestic product

1

2224

2444

269.7

2674

294.6

339.7

3584

379.7

381.3

415.1

438.0

461.0

4675

507.2

526.6

544.8

585.2

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

14.1
7.0

18.7
7.9

15.5
10.1

14.4
9.2

12.3
11.6

17.0
14.6

16.3
15.3

152
16.0

15.7
15.4

17.6
17.2

21.2
18.9

23.9
19.9

20.4
20.0

20.6
22.3

25.3
22.8

26.0
22.7

27.4
25.0

Equals: Gross domestic purchases

4

2155

233.9

264.3

262.6

294.0

3375

3574

3805

380.9

414.7

435.7

457.1

466.9

508.9

524.1

5415

582.8

Less: Change in business inventories

5

6.2

-.5

5.6

-2.8

5.9

10.1

3.5

1.8

-1.9

4.9

4.1

.9

-.4

4.2

32

2.9

6.1

Equals: Final sales to domestic purchasers

6

2094

2345

258.7

265.4

288.0

3275

3544

378.7

382.9

4094

4314

456.2

4675

504.7

520.9

538.5

576.7

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

Gross domestic product

1

617.4

6634

719.1

7875

8334

910.6

9823

1435.6

1,1254

1,2373

1382.6

1,496.9

1,630.6

1,819.0

2,0263

2,291.4

2,5575

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

29.4
26.1

33.6
28.1

35.4
31.5

38.9
37.1

41.4
39.9

45.3
46.6

49.3
50.5

57.0
55.8

59.3
62.3

66.2
74.2

91.8
91.2

124.3
127.5

136.3
122.7

148.9
151.1

158.8
182.4

186.1
212.3

228.7
252.7

Equals: Gross domestic purchases

4

614.1

6574

7153

785.9

832.2

9113

983.4

1434.4

1,128.4

1,2453

13824

15004

1,617.1

1421.2

2,0505

2,3175

2581.5

Less: Change in business inventories

5

5.7

5.0

9.7

13.8

10.5

9.1

9.5

23

8.5

9.9

17.5

14.1

-6.3

16.9

23.1

27.2

16.9

Equals: Final sales to domestic purchasers

6

608.4

6525

7055

772.1

821.7

902.7

9734

1332.2

1,119.9

1,235.4

1364.6

1,485.9

1,623.4

1,8043

2,0275

2,290.3

2,564.6

Line

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

Gross domestic product

1

2,7843

3,115.9

3342.1

3514.5

3,902.4

4,180.7

4,4223

4,692.3

5349.6

5,438.7

5,743.8

5,916.7

6,244.4

6,558.1

6,947.0

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

278.9
293.8

302.8
317.8

282.6
3033

277.0
328.6

303.1
405.1

303.0
417.2

320.7
452.2

365.7
507.9

447.2
553.2

509.3
589.7

557.3
628.6

601.8
622.3

639.4
669.0

658.6
719.3

721.2
812.1

Equals: Gross domestic purchases

4

2,799.1

3,130.9

3362.6

3566.2

4,0045

43943

4553.7

4,8345

5,155.6

5519.1

5,815.1

5,937.2

6,274.0

6,6184

7,0373

Line

1963

1964

1965

1967

1966

1969

1968

Less: Change in business inventories

5

-7.6

28.2

-14.5

-4.9

67.5

26.2

9.6

24.2

10.9

31.7

8.0

-2.3

7.0

20.5

61.2

Equals: Final sales to domestic purchasers

6

2406.7

3,102.7

3,277.1

3571.1

3,937.0

4368.7

4544.1

4,8103

5,144.8

5437.4

5,807.1

53395

6,267.0

6,598.3

6,9764

1947

1946

1948

1949

1950

Line
I

II

III

IV

I

II

III

IV

1

II

III

IV

I

II

III

IV

I

II

Gross domestic product

1

210.4

2185

2235

2325

2374

240.9

245.1

2554

2604

267.9

274.4

275.8

2705

266.7

268.1

265.7

2764

265.3

Less: Exports ol goods and services
Plus: Imports of goods and services

2
3

13.0
6.6

143
7.0

15.4
7.0

13.6
7.3

18.3
7.5

19.4
8.2

19.4
7.7

17.6
8.3

16.9
9.6

153
10.0

15.4
10.5

14.6
10.1

16.0
9.6

15.6
9.4

14.0
8.9

12.0
9.1

11.6
9.5

11.8
10.2
283.8

Equals: Gross domestic purchases

4

2044

2113

2203

226.5

2264

2295

2334

245.7

2534

262.7

2695

271.4

2643

2605

263.0

262.7

2733

Less: Change in business inventories

5

5.7

8.6

5.9

45

.4

-13

-2.8

1.6

3.5

5.8

7.2

6.0

.4

-5.3

-1.5

-4.9

2.1

2.9

Equals: Final sales to domestic purchasers

6

1983

2025

2144

2224

2263

2304

2363

244.1

2504

256.9

2624

2653

2633

265.7

2644

267.6

2714

2803

1951

1950

1952

1953

1954

Line
III

IV

1

II

III

IV

1

III

II

IV

I

III

II

IV

1

II

III

IV

Gross domestic product

1

3024

3144

3295

337.1

344.0

348.4

351.7

3524

358.7

371.4

3785

382.1

3815

3764

3764

376.9

381.7

390.1

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

12 2
13.0

135
13.7

15.0
14.9

17.0
153

18.0
14.3

18.1
14.0

18.6
15.0

16.5
14.6

15.1
15.3

152
16.3

15.0
15.8

15.1
16.4

15.7
16.3

15.1
15.5

14.3
14.8

16.3
163

15.8
15.3

16.5
15.5
3894

Equals: Gross domestic purchases

4

3034

3145

3294

3353

3403

3443

348.1

3504

3583

3725

3793

3835

382.2

377.1

3764

376.7

3813

Less: Change in business inventories

5

4.3

145

105

14.9

9.9

4.9

4.9

-1.5

5.6

5.1

3.8

3.4

23

-22

-1.9

-3.4

-2.1

-.3

Equals: Final sales to domestic purchasers

6

2993

3003

3194

3203

330.4

3394

3433

352.1

3533

3675

3754

380.1

380.0

379.3

378.7

380.1

3833

3893

1955

1957

1956

1958

1959

Line
1

II

III

IV

II

I

III

IV

I

II

III

I

IV

II

III

IV

I

II

Gross domestic product

1

4023

4113

4194

4264

429.0

434.7

439.6

4485

4573

4594

466.4

461.6

4544

4583

4714

4853

4963

5093

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

17.2
16.2

16.8
17.1

18.1
17.4

18.3
18.1

19.3
18.9

20.8
19.0

21.7
19.3

23.0
18.5

24.8
20.1

24.3
20.3

23.6
193

22.9
19.6

20.4
19.5

20.4
20.1

20.5
19.7

205
204

19.7
21.4

20.0
22.5
5114

Equals: Grass domestic purchases

4

4015

4114

4193

4262

428.7

432.9

437.1

444.1

4525

455.0

4625

4583

453.1

458.0

471.1

4855

4984

Less: Change in business Inventories

5

3.7

4.6

4.2

7.1

6.6

3.7

3.7

25

2.3

2.6

3.0

-4.3

-4.0

-4.2

1.5

5.2

4.4

7.8

Equals: Final sales to domestic purchasers

6

3982

4064

4154

419.1

422.1

4293

4335

441.6

4503

4523

4595

482.7

457.1

462.2

4695

4803

4935

504.0

1960

1959

1961

1962

1963

Line
III

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

1

II

III

IV

Gross domestic product

1

5094

5134

5273

526.1

5294

5235

528.1

538.9

5495

5625

5753

5824

5894

5924

6022

6104

623.7

6324

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

214
22.9

21.1
225

243
233

25.2
235

25.9
22.9

25.8
21.7

26.1
21.7

253
21.9

26.1
23.3

26.8
23.9

26.6
24.3

28.1
24.9

28.0
25.1

27.0
25.6

272
25.2

29.6
25.9

29.8
26.7

31.1
26.8
6284

Equals: Grass domestic purchases

4

510.7

515.1

5264

5244

5264

5194

523.7

535.7

546.7

559.7

5734

5794

537.1

5914

6002

607.1

6204

Less: Change In business Inventories

5

3

43

11.3

3.1

42

-5.7

-2.6

1.6

6.7

6.0

95

5.6

6.2

3.1

7.0

4.9

5.9

4.8

Equals: Final sales to domestic purchasers

6

5104

5104

515.1

5213

5214

5255

5263

534.1

540.1

553.7

5635

5744

5805

5883

593.1

6023

614.7

6235




Table 1.5.—Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers: Annual, 1929-94, and
Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1966

1965

1964
Line
1

III

II

IV

II

I

III

IV

I

II

1967
III

IV

1

1968

II

III

1

IV

II

Gross domestic product

1

649.4

658.4

669.2

675.1

695.6

708.2

725.0

747.7

7703

780.0

793.6

807.1

817.5

8233

8383

854.7

8803

904.9

Less: Exports of goods and services
Plus: Imports of goods and services

?
3

32.9
27.0

32.6
27.7

33.9
28.4

35.0
29.3

31.5
28.5

36.3
31.7

35.7
32.0

38.0
33.9

38.2
35.0

38.2
36.2

39.0
38.2

40.4
38.8

41.7
39.4

41.1
39.0

40.7
39.5

41.9
41.7

43.2
44.4

44.8
45.4

Equals: Gross domestic purchases

4

643.5

653.5

663.8

6693

692.6

7033

721.4

7433

7673

778.0

7923

805.6

815.2

821.1

837.8

854.5

881.8

9053

Less: Change in business inventories

5

5.6

4.8

4.3

5.4

12.3

9.2

9.5

7.8

13.5

12.5

12.2

17.0

15.0

6.8

10.4

9.7

8.1

13.9

Equals: Final sales to domestic purchasers

6

637.9

648.7

659.4

684.1

680.4

694.3

711.9

735.8

753.8

765.5

7803

788.6

800.2

814.4

827.4

8443

873.6

891.6

III

IV

III

IV

1969

1968

1970

1971

Line
III

1

IV

II

III

IV

Gross domestic product

1

920.1

9363

960.0

974.1

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

47.0
48.2

46.2
48.2

41.9
43.8

50.9
52.7

Equals: Gross domestic purchases

4

921.4

938.7

961.9

975.9

Less: Change in business inventories

5

8.0

6.6

12.0

9.7

10.7

Equals: Final sales to domestic purchasers

6

913.4

932.2

949.9

966.2

9843

1

II

III

IV

1

II

1972
I

II

1,0473 1,051.3 1,0963 1,117.7 1,1373 1,1493 1,190.2 1,224.4 1,247.8 1,286.8
58.3
57.6
57.3
59.5
59.5
62.4
56.0
63.5
66.2
72.1
63.1
57.9
56.4
58.7
552
63.3
65.5
61.9
72.2
71.4
74.1
79.2
1,027.1 1,046.9 1,050.9 1,095.9 1,1213 1,140.4 1,155.8 1,1983 1,232.7 1,255.7 1,2933
12.4
11.4
10.4
4.6
-3.1
-.2
52
12.4
4.6
8.7
14.0
1,0223 1,041.7 1,0543 1,0833 1,110.1 1,130.0 1,156.0 1,194.3 1,2203 1,241.8 1,285.1

993.6 1301.0 1,013.9 13293
51.0
52.4

53.2
53.1

54.7
53.5

995.0 1,001.0 1,0123
5.8

2.0

995.2 1,0103
1974

1973

1975

1976

1977

Line
1
Gross domestic product

1

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

Equals: Gross domestic purchases

4

Less: Change in business inventories

5

Equals: Final sales to domestic purchasers

6

III

II

1

IV

II

III

IV

1

II

III

IV

I

II

III

IV

I

II

13373 1,369.4 1391.4 1,4323 1,4463 1,482.5 1,511.7 13463 13803 1,5973 1,657.1 1,7073 1,767.3 1,797.9 1,830.4 13803 1,934.4 2,005.1
103.4
131.8
133.7
141.7
146.0
155.4
94.3
114.6
134.4
138.0
143.1
150.9
154.8
161.3
81.0
123.8
124.5
88.3
122.1
128.7
138.9
147.1
162.7
176.4
91.1
98.7
110.3
136.6
115.2
155.8
183.0
85.4
129.4
133.6
124.9
89.5
1,3413 1,3703 1,388.2 1,4273 1,4422 1,488.1 1,520.8 1348.9 1,5472 13812 1,6453 1,6943 1,763.1 1,799.0 1335.4 13873 1,955.9 2,0263
13.9

11.6

17.6

26.7

13.2

16.3

6.9

-11.7

20.0

-14.7

0

1.2

16.0

21.8

19.1

1328.0 1352.9 1376.6 1,400.9 1,429.0 1,4713 1314.0 1328.9 1,5593 1395.9 1,6453 1,693.2 1,747.1 1,777.2 13163
1978

1977

1979

10.9

14.9

23.0

1,876.6 1,941.0 2,003.8
1981

1980

Line
III
Gross domestic product

1

Less: Exports ol goods and services
Plus: Imports of goods and services

2
3

Equals: Gross domestic purchases

4

Less: Change in business inventories

5

Equals: Final sales to domestic purchasers

6

I

IV

II

III

IV

I

II

III

IV

II

I

III

IV

1

III

II

IV

2,063.2 2,104.7 2,147.7 2,273.7 23333 2,410.2 2,4643 23223 23923 2,650.4 2,7223 2,719.4 2,783.4 2311.8 33402 3,070.3 3,167.7 3,185.5
161.8
182.9

157.1
187.4

164.0
203.3

185.6
208.8

190.5
215.1

204.5
221.8

?10.7
229.8

219.7
243.1

232.9
257.3

251.5
280.5

267.1
304.3

275.9
292.6

282.5
2792

290.3
299.2

305.5
322.0

302.8
319.7

299.7
309.9

303.2
319.4

2,0843 2,135.0 2,187.0 2296.9 2,3583 2,427.5 2,483.7 2345.7 2317.2 23793 2,7593 2,736.1 2,780.1 2,920.7 3,057.2 3,086.7 3,177.9 3,2013
32.0

22.3

28.1

26.9

26.4

27.4

24.3

27.3

11.6

4.3

8.4

-.3

-33.8

-4.7

9.4

38.3

42.5

22.4

23523 2,112.8 2,158.9 2,270.1 2332.1 2,400.1 2,459.4 2318.3 2,605.6 2375.0 2,751.1 2,7363 2314.0 2,925.4 3,018.9 3,0773 3,135.4 3,179.4
1982

1984

1983

1985

1986

Line
I

III

II

IV

1

II

III

IV

I

II

III

IV

II

I

III

I

IV

II

Gross domestic product

1

3,1783 3,231.6 3,259.1 3299.1 3361.0 3,469.2 3,5633 3364.6 3,791.1 3379.7 3,9422 3,996.7 4,0812 4,134.8 4,221.4 4,2853 4,358.2 4,385.6

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

Equals: Gross domestic purchases

4

Less: Change in business inventories

5

305.3
3122
314.5
303.9
297.0
438.9
439.1
443.4
418.6
414.2
3,195.8 3,236.5 3,289.4 3328.8 3385.7 33143 3,6283 3,7363 33853 33832 4,0453 4,1033 4,1723 4,249.4 4338.6 4,418.9 4,485.1 4,514.4
34.4
-20.4
4.3
-38.1
-33.3
-8.0
-1.7
23.4
70.7
72.4
47.2
25.6
24.3
45.1
18.8
-3.8
79.5
20.5

Equals: Final sales to domestic purchasers

6

3,216.2 32403 3,285.1 3,366.9 3,418.9 3,522.7 3,6302 3,7123 3,805.9 33123 3,9723 43563 4,1473 4,225.1 4318.1 43843 4,440.0 4,4953

292.3
309.5

279.0
309.3

294.2
299.1

265.1
294.9

270.6
295.3

272.5
318.0

2782
343.4

286.7
358.0

1987

1986

293.7
388.0

303.0
406.5

309.2
416.4

306.5
409.6

305.9
397.3

1989

1988

1990

Line
!U

1

IV

II

III

IV

1

It

III

IV

1

II

ill

IV

1

II

III

IV

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

Equals: Gross domestic purchases

4

Less: Change in business inventories

5

4,4433 4301.7 4365.7 4,645.1 4,7223 43353 4,8982 5,000.4 53943 52053 53163 5,413.2 5,486.9 53373 53603 5,7503 5,782.2 5,781.7
509.7
337.4
356.9
373.9
394.7
421.1
469.3
492.6
512.8
522.1
554.8
555.5
335.4
442.1
456.2
541.6
577.3
320.5
476.9
501.6
516.4
536.7
542.0
545.4
573.5
5763
594.0
589.0
599.7
634.1
649.2
467.7
552.0
615.9
615.1
458.5
43813 4,634.0 4,705.2 4,7893 4365.1 4,9773 5,019.1 5,103.7 5,1903 53093 5,400.4 5,494.4 53862 5,6153 5,734.9 5311-1 5,860.8 5,853.7
57.7
24.3
13.0
2.0
12.2
6.4
9.7
152
38.8
41.8
23.9
22.4
41.0
13.6
-31.2
-13.2
-122
8.8

Equals: Final sales to domestic purchasers

6

4,5943 4,646.2 4,6803 4,7763 4363.1 4320.2 5,0063 5397.2 5,1803 52943 5361.6 5,4523 5342.4 5,5933 5,726.1 5,770.1 5347.2 5384.9

Gross domestic product

1

1992

1991

1994

1993

Line
1

II

III

IV

I

II

III

IV

1

II

III

N

6,002.1

6,1213

62012

6,271.7

6383.1

6,4443

6309.1

6374.6

6,7042

647.1
693.7

661.2
718.7

646.8
718.9

1

II

III

6,7943

63114

6,986.5

7,095.7

IV

679.4
746.0

678.5
755.1

710.1
797.9

732.6
836.0

763.7
8592
7,1913

Gross domestic product

1

5,821.9

5,8923

5,9502

Less: Exports of goods and services
Plus: Imports of goods and services

?
3

577.4
610.3

602.7
615.0

602.6
624.5

624.4
639.3

632.4
641.3

635.9
664.9

6402
677.8

Equals: Gross domestic purchases

4

5354.8

5,904.8

5,972.1

6,0163

6,1303

62302

63092

649.1
691.8
6,425.8

6,491.1

6366.7

6,648.7

6,7703

63703

6,999.2

7,090.0

Less: Change in business inventories

5

-16.3

-19.8

5.5

21.3

-2

10.2

11.6

6.5

30.7

143

14.0

22.9

52.4

76.3

502

662

Equals: Final sales to domestic purchasers

6

5371.1

5324.6

5,966.7

5,995.7

6,1313

6,220.0

6297.7

6,4193

6,460.4

6352.2

6,632.7

6,747.9

63183

6,923.0

7,0393

7,125.1

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.




Table 1.6.—Relation of Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers:
Annual, 1929-94, and Quarterly, 1947-94
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
1941

1942

1943

1944

1945

Grass domestic product

1

790.9

719.7

674.0

584.3

577.3

641.1

698.4

790.0

831.5

801.2

866.5

941.2

1,101.8

1,308.9

1,523.0

1,644.7

1,626.7

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

35.6
46.3

29.4
40.3

24.4
35.2

19.1
29.2

19.2
30.4

21.4
31.1

22.6
40.7

23.7
40.2

29.9
45.3

29.6
35.2

31.2
36.9

35.4
37.8

36.4
46.5

23.9
42.2

19.9
53.3

21.4
55.7

30.3
59.3
1,685.6

Line

1930

1929

1931

1932

1934

1933

1935

1937

1936

1938

1939

1940

Equals: Gross domestic purchases

4

807.4

736.8

691.5

600.8

594.3

658.0

722.7

815.5

854.5

815.7

882.1

954.3

1,125.9

1,353.2

1,590.2

1,715.9

Less: Change in business inventories

5

12.1

-6.0

-8.3

-23.4

-12.5

-5.1

6.7

7.0

13.5

-2.5

.9

14.6

26.2

11.4

-3.5

-3.5

-8.2

Equals: Final sales to domestic purchasers

6

814.6

761.2

718.5

637.9

618.6

675.1

723.6

816.4

848.0

827.5

888.7

943.0

1,1013

1,353.0

1,612.9

1,740.1

1,715.0

Gross domestic product

1

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

66.0
49.1

75.4
46.6

59.4
54.4

58.8
52.5

51.4
62.0

63.1
64.5

60.1
70.2

56.1
76.8

58.9
73.0

65.1
81.8

75.9
88.4

82.5
92.1

71.2
96.5

71.9
106.6

86.8
108.1

88.3
107.3

93.0
119.5

Equals: Gross domestic purchases

4

1,437.4

1,403.7

1,4975

1,4845

1,638.9

1,7505

1,827.0

1,923.9

1502.8

2,039.2

2,071.5

2,105.6

2,103.2

2,268.0

2304.1

2,354.3

2,503.0

Line

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

1,447.7

1,430.7

1,491.0

1,4795

1,6113

1,734.0

1,798.7

1,881.4

1,868.2

2,001.1

2,040.2

2,0785

2,057.5

2,210.2

2,262.9

2314.3

2,454.8

Less: Change in business inventories

5

24.8

-3.4

18.8

-10.0

18.4

25.9

10.2

5.7

-6.1

14.2

11.9

3.0

-.6

13.2

10.5

8.6

19.5

Equals: Final sales to domestic purchasers

6

1,4135

1,423.4

1,481.7

1,514.6

1,622.9

1,721.6

1525.9

1,9295

1,926.2

2,033.1

2,069.7

2,116.9

2,118.9

2,265.1

2,305.7

2358.2

2,4935

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

Gross domestic product

1

2,559.4

2,708.4

2581.1

3,069.2

3,147.2

3,293.9

3,393.6

3597.6

3,510.0

3,702.3

3,916.3

3,891.2

3,873.9

4,082.9

4,273.6

4,503.0

4,630.6

Less: Exports of goods and services
Plus: Imports of goods and services

7
3

100.0
122.7

113.3
129.2

115.6
143.0

123.4
164.2

126.1
176.2

135.3
202.5

142.7
214.0

158.1
223.1

159.2
235.0

172.0
261.0

209.6
272.6

229.8
265.3

228.2
235.4

241.6
281.5

247.4
311.6

273.1
338.6

299.0
344.3

Equals: Gross domestic purchases

4

2,604.2

2,745.9

2,932.1

3,134.0

3,221.1

3,382.7

3,485.6

3,478.5

3502.4

3506.2

3,9893

3,928.6

3,875.9

4,124.6

4345.7

4,574.9

4,674.6

Less: Change in business inventories

5

17.8

15.6

30.3

42.4

32.0

26.9

27.0

5.4

22.3

24.7

37.7

23.4

-10.2

29.8

38.8

43.3

23.4

Equals: Final sales to domestic purchasers

6

2,5975

2,742.7

2,9112

3,097.9

3,199.0

3367.1

3,4695

3,488.3

3,592.6

3,7935

3,956.8

3,9105

3,908.5

4,1035

43125

4,536.2

4,658.2

Line

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

Grass domestic product

1

4,615.0

4,720.7

4,620.3

4,803.7

5,140.1

5,3235

5,487.7

5,649.5

5,865.2

6,062.0

6,1363

6,079.4

6,244.4

6,389.6

6,610.7

Less: Exports of goods and services
Plus: Imports of goods and services

?
3

331.4
321.3

335.3
329.7

311.4
325.5

303.3
366.6

328.4
455.7

337.3
485.2

362.2
526.1

402.0
558.2

465.8
580.2

520.2
603.0

564.4
626.3

599.9
622.2

639.4
669.0

658.2
728.4

712.4
817.0
6,712.7

Line

Equals: Gross domestic purchases

4

4581.5

4,693.1

45193

4,864.3

5,276.2

5,482.8

5,663.9

5,816.7

5,986.1

6,147.8

6,199.8

6,101.6

6,274.0

6,459.0

Less: Change in business inventories

5

-10.2

33.1

-15.6

-5.7

75.3

30.2

11.1

26.4

11.7

33.3

10.4

-3.0

7.0

22.1

60.6

Equals: Final sales to domestic purchasers

6

4,607.8

4,664.0

4549.7

45815

5,197.7

5,456.3

5,657.2

5,793.4

5,976.1

6,114.5

6,190.2

6,104.9

6,267.0

6,438.3

6,653.2

1949

1948

1947
Line
1

II

III

Gross domestic product

1

1,402.5

1,424.6

1,4375

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

79.5
48.7

79.3
49.1

75.6
43.2

Equals: Grass domestic purchases

4

1372.2

1,394.0

Less: Change in business inventories

5

-9.5

6

1,401.7

1,416.6

II

1

1,458.1 1,4745

III

1,493.9
57.7
53.7

59.0
56.7

56.9
55.8

1,406.1 1,442.6 1,470.4

1502.1

1,5065

1510.8

22.1

23.3

16.0

67.0
45.5
7.2

1,429.8 1,4455

1,4615

1

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

65.3
61.4

64.8
59.9

1,607.0

6.7

1,481.4 1,484.3 1,499.7 1,494.0 1,513.7 1517.4

1533.4

1560.9

Equals: Final sales to domestic purchasers

6

1,738.4

1,7635

1,7835

1

II

2,023.6

Less: Exports of goods and services
Plus: Imports of goods and services

?
3

1,8975

1587.4

1558.2

1549.9

Equals: Grass domestic purchases

4

Less: Change in business inventories

5

Equals: Final sales to domestic purchasers

6

74.9
88.9

56.2
76.7

55.2
75.1

55.6
78.8

1,887.9 1,9245

1,943.2

6.4

-6.2

-5.2

-9.4

-7.2

-2.5

1,9345 1,9235

1,9105

1,911.7

1,9275

1,9545

IV

1

II

1,823.2 1517.2

IV

14.1

11.9

10.6

1,879.9 1,9205

1541.1

81.0
85.9

16.7

12.5

9.5

III

IV

1

2,0715

2,0945

2,0705

25125

83.7

81.3
913

78.8
91.5

70.8
92.5

71.0
96.5

2,1222 2,1025

25545

2569.9

-9.3

-8.4

86.3
92.4

2,100.0 2,0985

8.9

5.5

4.5

III

9.1

-7.2

II

2,024.7 2,072.3 2,120.6 2,165.0 22233
71.5
95.6

71.6
101.3

2,117.2 2,1715
4.3

68.6
102.4

II

III

IV

9.7

15.1

13.8

70.1
108.0

18.3

1,993.0 2,027.7 2,052.6 2,059.0
1960
III

IV

1

2,221.4 22315
75.8
109.4

II

2,279.2 22655

72.9
106.7

83.2
110.5

86.7
111.2

2,222.0 2,285.0 2277.0 2,288.0 2,327.7 2309.8

11.0

1962

1961

1

1959
III

2,054.1 2,068.0 2,0655 2,091.2 2,109.2 2,106.0 2,124.5 2,128.1 2,083.0 2,097.6 2,125.2 2,1695
1960

IV

1958

II

1

2,062.9 2,070.7 2,063.8 2588.8

38.4

1,868.9 1,905.6 1,959.6 1,994.4 2,020.1 2,030.5
55.9
53.4
57.8
61.1
59.1
61.8
64.1
62.6
66.7
67.0
70.2
78.5
74.6
76.5
72.9
72.2
76.9
81.4
82.9
85.9
1,929.7 1598.4 1,8885 1,883.4 1502.4 1,937.0 1,993.1 2,035.3 2,057.6 2,070.9

1957

77.5
89.6

25.9

1,692.7 15915

1,8485

2,037.7 2,033.4 2,066.2 2,0775

70.2
89.2

63.9
67.2

1955

1,882.6

CO
0

1

58.2
69.5

43.3
1,6515

1,790.9 1,846.0

1956

Gross domestic product

II

1,680.7 1,710.3 1,721.1 1,742.2

1954

Line
III

55.3
69.5

13.5

II

IV

14.7

14.6

I

1,604.9 1,6745

1

1,825.4

12.9

-16.2

IV

-2.8

26.5

51.2
69.5

10.0

-.3

III

1502.2

1,768.6

1,479.8 1,473.8 1,4955

IV

1,644.1 1,678.6 1,693.1 1,724.0

49.9
56.1

1953

1,770.0 1,7925

4

49.3
53.1
15575

55.8
70.5

5

50.2
51.9

II

60.5
66.5

Equals: Gross domestic purchases

63.3
53.2

1,584.5

58.0
51.0

63.8
53.9

1951
III

II

-17.3

III

68.0
66.9

Less: Change in business inventories

I

1

II

1,758.2 1,760.6 1,779.2 1,7785

1

IV

1,4905

1952
IV

1950
III

II

-6.2

14.0

-6.2

1951

Gross domestic product

I

1,497.0 1,498.9 1,480.1 1,474.1 1,490.7 1,474.5 1538.2

Line
III

IV

63.8
51.5

-5.1

Equals: Final sales to domestic purchasers

IV

10.9

23.7

2,222.9 2266.0

3.5

14.6

33.6

8.8

2,2885 2,282.6 2,2965 2313.1

1963

1964

Line
III

IV

1

Gross domestic product

1

22683

2,2385

2251.7

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

88.7
107.8

88.7
102.7

89.3
102.3

Equals: Gross domestic purchases

4

2307.1

Less: Change in business inventories

5

14.0

Equals: Final sales to domestic purchasers

6

II

IV

III

2292.0 23325

II

2381.0 2,422.6 2,4485

88.6
110.4

90.1
113.1

89.5
116.5

95.4
119.0

2,2715 2284.2 2332.1 23753

2,4253

2,4715

2,4925

16.7

28.2

17.5

-14.3

-7.0

85.0
103.6
4.6

2304.1 2509.1 2311.0 2,3415

20.0

2363.1 2,417.2 2,449.3 2,485.4

NOTE TO USERS: See the cautionary note on page 6 concerning comparisons of chained (1992) dollar estimates.
See note at the end of the table.




I

III

IV

1

II

III

2,471.9 2,476.7 2,508.7 2,538.1 2586.3

IV

100.6
122.0

101.3
125.0

106.0
124.7

2518.7 2529.1 2,5595

2,5815

2532.0

2,6445

15.4

19.0

11.8

20.7

91.9
122.0
11.6

2,508.9 2,5315

25.0

2542.6 2576.9

II

2,604.6 2566.7 25975

92.1
119.1

95.2
120.5

1

111.7
124.5

110.8
127.4

III

IV

2,729.6 2,739.7
114.2
130.8

116.6
134.2

2,701.0 2,736.2 2,7675

2,778.4

15.5

2,623.9 2,645.7 2,6975

14.9

14.5

17.4

2,7335 2,766.1 2,7733

Table 1.6.—Relation of Real Gross Domestic Product, Real Gross Domestic Purchases, and Real Final Sales to Domestic Purchasers:
Annual, 1929-94, and Quarterly, 1947-94—Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
1965

1967

1966

1968

1969

Une
1
Gross domestic product

1

II

III

2308.9

2,846.3

IV

I

III
3,0765

2,898.8 2,970.5 3,042.4 3,0555

Less: Exports of goods and seivices
Plus: Imports of goods and services

2
3

102.5
129.4

118.7
144.7

116.6
145.3

Equals: Gross domestic purchases

4

2,862.3

2,894.3

2,951.2

Less: Change in business inventories

5

38.2

29.1

Equals: Final sales to domestic purchasers

6

2,830.2

2,874.5

124.7
152.5

IV
3,1024

II

1

II

III

3,127.2 3,1295

IV

1

II

III

IV

1

II

3,1545

3,1785

32382

3292.1

3516.1

3531.2

3,381.9

3,390.2

140.7
209.6

137.6
207.8

123.2
188.3

149.5
225.3

122.2
160.2

123.0
169.3

125.1
171.1

127.0
173.6

125.6
172.4

124.4
174.8

127.3
184.0

130.3
194.7

132.5
197.7

3,020.8 3,099.9 3,117.9

3,1465

3,171.9

3,1975

3,200.4

3,229.2

3,2575

3523.1

3580.2

39.4

37.6

51.3

46.1

235

30.6

27.9

23.1

412

23.6

19.5

33.9

28.7

3,123.7 3,155.2

3,1905

3,2095

32415

35125

3,3455

3592.9

3,416.9

3,451.5

3,4665

III

IV

1

II

III

IV

I

II

3,481.4 3500.9

35235

35335

3,604.7

3,6875

3,7262

1645
253.1

172.4
2582

183.5
269.6

3,793.1 35275

35904

123.1
156.3

24.7

29.0

41.5

2,932.1 3,008.1 35654

3,085.0 3,1165

1971

1970

1969

3,404.8 3,422.6

1972

3,475.9 3,4835

1973

Une
III

IV

III

IV

1

II

I

II

3,409.7 3,3925

35865

3591.6

150.4
220.0

153.8
219.4

159.0
223.6

158.7
223.0

160.9
226.5

159.6
223.9

159.4
240.9

168.1
246.1

149.7
229.2

167.4
263.0

3,480.1 34695

3471.7

35035

3,469.6

35632

3597.9

3,6155

3533.0

3,7135

155

3.7

12.7

13.9

-8.7

31.8

30.2

25.2

2.0

12.1

33.1

35.6

18.2

31.9

41.3

23.9

53.8

3,483.1 34765

34815

3,4725

3503.2 34965

35405

3578.4

3,6014

3549.8

3,7175

3,771.2

3501.6

3,884.7

3,959.9

3,960.0

35565

3,950.7

IV

1

II

III

IV

1

II

III

IV

1

II

4,0445

4572.2

45885

4260.1

45295

45285

4,3455

4,510.7

235.9
2652

238.1
276.5

244.7
287.5

247.7
296.8

243.8
310.8

250.1
313.3

2522
309.1

243.6
313.4

249.5
334.4

275.5
335.1

4,073.8 4,1124

4,133.4

4,1785

4251.7

45305

4592.2

4,408.2

38.6

33.4

19.0

24.9

38.9

59.0

32.3

4,106.5 4,171.6

4236.9

4,298.7

4532.6

Gross domestic product

1

Less: Exports of goods and services
Plus: Imxrts of goods and services

2
3

147.7
222.4

Equals: Gross domestic purchases

4

3503.0

Less: Change in business inventories

5

29.7

Equals: Final sales to domestic purchasers

6

3423.0 3589.4

1974

1975

3,790.4 35922

III

3,919.0

200.3
281.5

209.0
273.7

210.3
266.2

218.8
269.1

3,985.0 3,994.6

3,972.6

4,005.1

1977

1976

IV

3,907.1 3547.1

1978

Une
I

II

III

IV

1

III

Gross domestic product

1

3508.1

3,9225

3,8805

Less: Exports of goods and services
Plus: Imports of goods and services

?
3

226.4
260.6

236.4
271.1

225.0
266.1

231.1
263.4

230.5
237.3

220.9
218.4

224.7
236.6

236.7
249.3

Equals: Gross domestic purchases

4

3,944.7

3,958.1 3,924.9

3586.9

35015

3526.1

3,915.7

35605

Less: Change in business inventories

5

23.7

9.4

34.6

-23.2

-23.6

2.6

3.4

Equals: Final sales to domestic purchasers

6

35255

3,854.7 3549.2

35795

25.8

3,935.1 35275

3554.1 3500.9

II
3535.2

3,907.0 3,9525

3,931.4 3,974.6 4,056.0 4,079.2

1979

1978

28.1

4,126.4 4,1765

1980

4,443.2 4575.1
46.0

43.1

4583.0 4,403.7 4,538.7

1981

1982

Line
III

IV

1

II

III

IV

1

II

III

IV

1

II

III

IV

1

II

4552.1

4,603.7

4505.7

4,615.6

4,6445

45562

4,6795

4566.6

45625

4551.9

4,7392

4,6965

4,753.0

4593.8

4,615.9

4,6345

289.7
345.7

299.7
340.0

317.8
346.9

327.7
347.8

333.9
322.7

332.8
299.4

331.1
315.4

336.7
328.5

338.9
329.4

331.4
325.9

334.1
334.9

320.4
325.7

322.8
320.2

308.2
334.7

294.3
321.7

4,674.7 4,681.7

45775

4,688.1 4532.4

4,495.6

4510.1

4,707.6

4,664.1 4,725.1

4,675.5

4,603.9 4,612.2

4,6265

4,634.2

Gross domestic product

1

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

278.3
340.3

289.1
344.7

288.9
344.6

Equals: Gross domestic purchases

4

45195

4,6625

45645

Less: Change in business inventories

5

42.6

41.6

35.3

39.6

15.1

3.5

Equals: Final sales to domestic purchasers

6

4578.7

4523.7

45375

4,6365

4575.7

45835

1

II

III

IV

I

II

III

1983

-1.7

-43.8

-4.4

44.3

11.5

50.0

26.8

-21.9

4,684.1 45445

4569.1

45334

4561.6

4,6655

4,674.7

4,653.7

4,6425

1

II

III

IV

1

II

5283.7

5559.6

55935

5,4605

5,466.9

9.0

1984

1985

III

IV

4,612.1 4,6185

-4.0

6.6

-43.0

4,628.1 4,6315

4,696.8

1986

1987

Une
IV

Gross domestic product

1

4563.0

4,7635

4549.0

45392

55535

5,1325

5,1704

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

298.9
328.8

299.8
354.5

304.3
382.2

310.2
401.0

317.5
433.0

325.7
451.2

332.0
462.5

Equals: Gross domestic purchases

4

45825

4,8144

4527.7

5,0325

5,1764

52675

Less: Change in business inventories

5

-38.4

-9.7

-.7

26.1

87.4

79.3

Equals: Final sales to domestic purchasers

6

4,7385

4535.9

4,939.1 5,0135

1987

5,203.7 52575

III

IV

1

II

5,5615

5,618.0

377.7
538.8

393.5
553.7

5,703.7 5,7345

5,7895

5,496.3 55265

338.3
476.1

338.7
466.0

337.3
489.0

332.0
484.6

341.4
501.3

351.3
501.0

355.9
523.0

364.1
538.1

5,310.1 55514

377.5
542.3

5593.2

5,4474

5524.6

5,566.2

5521.9

5,646.7

55834

80.3

54.1

29.5

27.2

25.4

38.5

52.9

22.9

-16.3

-15.3

5,083.7 5,1842 5,2252

5,2975

55675

5,424.6

5502.0

55305

5571.6

5,6284

5,705.3

5,723.6

III

IV

1

II

IV

1

II

6,088.0

65935

6,1525

6,171.6
566.8
633.5

1988

1989

1990

29.7

14.8

5,708.9 5,780.2

1991

Line
III

IV

1

II

III

IV

1

II

Gross domestic product

1

5567.4

5,7505

5,7855

55<l45

5578.7

5,9525

Less: Exports of goods and services
Plus: Imports of goods and seivices

2
3

411.1
563.2

425.7
577.0

448.8
574.8

461.4
568.3

469.4
580.0

483.5
597.8

502.0
590.7

522.0
601.9

521.3
605.8

535.5
613.5

5552
622.3

5,919.0 5,956.7

Equals: Gross domestic purchases

4

5530.2

5,9124

Less: Change in business inventories

5

1.4

6

55345

55502

5,9954

6573.4

6,1035

6,1384

6,1754

6,1745

62214

6.0

11.3

15.7

41.2

43.8

25.4

22.8

5,908.0 5,9525

55865

6,057.6 65625

65935

14.0

6,150.7 6,151.4 62135

1992

6,142.1 6,079.0 6,0475

III

573.9
616.4

572.3
596.6

600.3
617.4

6,240.0 62154

6,1224

6,071.7

65915

14.9

-27.8

-17.1

6,196.0 6,199.9

6,151.4

6,089.6

603.6
633.4

-20.7

43.6

1993

IV

6,074.7 6,090.1 6,1054

5615
633.0

10.9

59.8

Equals: Final sales to domestic purchasers

6,011.0 65555

III

623.5
641.4

6,120.0 6,1234
4.7

21.3

6,112.9 6,1155

6,101.6

1994

Une
II

I

III

IV

1

II

III

IV

1

II

III

IV

Gross domestic product

1

6,175.7

6,2142

6,260.7

6527.1

6527.9

6559.9

6593.5

6476.9

65245

6,6005

65295

6,6885

Less: Exports of goods and services
Plus: Imports of goods and services

2
3

633.0
6475

635.8
668.3

639.7
670.5

649.1
689.1

6472
701.9

660.1
722.7

646.3
729.4

679.1
759.7

676.0
773.6

704.1
808.0

722.1
833.2

747.3
8532

Equals: Gross domestic purchases

4

6,1905

6246.9

6291.7

64675

6582.3

64225

6,475.6

6556.2

6,620.2

6,7015

6,7375

6,7915

Less: Change in business inventories

5

-.5

11.0

12.0

5.6

32.3

16.6

15.3

24.2

53.1

75.9

49.7

63.6

Equals: Final sales to domestic purchasers

6

6,1905

62365

62805

6,360.7

6451.7

6,407.0

6,4614

6533.1

6,568.7

6,6285

6,688.4

6,7275

NOTE.—Chained (1992) dollar series are calculated as the product of the chain-type quantity index and the 1992
current-dollar value of the corresponding series, dhrided by 100. Because the formula lor the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.




Percent changes from preceding period for selected items in this table are shown in table 8.1.
Chain-type quantity indexes lor the series in this table appear in table 72.

Table 1.7.—Gross Domestic Product by Sector: Annual, 1929-94, and Quarterly, 1946-94
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
Gross domestic product

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

Nonlarm' .
Nonfarm less housing
Housing
Farm

103.8

91.1

76.4

58.6

562

85.9

73.1

83.6

914

85.9

2

Business' ...

1

95.9

83.1

68.8

514

492

57.7

644

73.4

81.6

75.1

3
4
5
6

86.2
77.3
9.0
9.7

75.5
66.8
8.7
7.6

62.5
54.3
8.2
6.3

47.1
39.9
7.3
4.5

44.6
38.3
6.3
4.6

53.0
47.1
5.9
4.7

57.5
51.6
5.9
7.0

67.0
61.0
6.0
6.4

73.3
67.0
6.4
8.2

68.5
61.7
6.8
6.5

1941

1940

91.9

1942

1943

1944

1945

101.2

161.6

1984

219.7

223.2

89.8

113.0

140.4

1634

175.1

173.7

83.3
76.1
7.2
6.4

74.6

126.7
104.1
96.4
7.7
8.9

127.4
118.9
8.5
13.0

148.2
139.2
9.0
15.3

159.7
150.3
9.4
15.3

157 7
148.0
97
16.0

Private households
Nonprofit institutions

4.1

General government2
Federal
State and local

7

2.9

2.7

2.3

14

1.7

1.8

1.9

2.0

23

2.2

24

2.4

2.5

2.9

3.2

3.7

8
9

1.7
1.1

1.5
1.2

1.1
1.1

.8
1.0

.7
.9

.9
1.0

.9
1.0

1.0
1.0

1.2
1.1

1.0
1.1

1.1
1.1

1.2
1.2

1.2
1.3

1.5
1.4

1.6
1.6

1 9
1.8

10

5.1

53

5.4

5.1

5.4

6.4

6.8

8.2

7.9

8.7

9.0

11.1

184

315

414

45.4

11
12

Households and Institutions

1.1
3.9

1.1
4.1

1.1
4.2

1.1
4.0

1.4
4.0

1.9
4.4

2.1
4.7

3.9
4.3

3.4
4.5

3.9
4.8

4.0
5.0

5.9
5.2

12.9
5.4

25.9
5.7

35.1
5.9

390
6.3

Line

1946

1947

1949

1948

1950

1951

1953

1952

1954

1955

1956

1957

1958

1959

1960

21
2.0

1961

1962

Business1
Nonfarm'
Nonfarm less housing
Housing
Farm
Households and Institutions
Private households
Nonprofit institutions
2

General government
Federal

1

2224

2444

269.7

2(74

2944

339.7

353.6

379.7

3814

415.1

438.0

461.0

4673

507.2

5264

5444

585.2

2

Gross domestic product

185.0

2114

236.6

2334

2594

297.0

310.9

3294

329.7

3604

379.1

398.2

4003

436.9

451.1

464.9

4995

3
4
5
6

166.2
156.1
10.1
18.8

191.3
180.4
11.0
20.2

213.4
201.0
12.4
23.3

214.6
200.7
13.8
18.7

2395
224.0
15.4
19.9

274.1
256.7
17.4
22.9

288.8
269.2
19.6
22.1

309.7
287.8
22.0
20.1

310.2
286.0
24.2
19.5

341.7
315.7
26.0
18.6

360.7
332.7
28.1
18.4

379.9
349.5
30.4
18.3

379.8
347.0
32.9
20.5

418.0
382.4
35.6
18.9

431.3
392.7
38.6
19.8

444.8
403.4
41.4
20.1

479.3
434.7
44.6
20.2

7

44

5.1

54

5.9

65

6.9

7.2

74

8.1

9.1

9.9

10.6

115

12.4

13.9

145

15.6

8
9

2.1
2.4

2.4
2.8

2.4
3.2

2.4
3.6

2.6
3.9

2.7
4.3

2.6
4.6

2.7
5.1

2.6
5.5

3.1
6.1

35
6.6

3.3
7.3

3.5
8.0

3.6
8.9

3.8
10.1

3.7
10.7

3.8
11.8

10

33.1

274

274

28.8

284

35.9

40.4

42.1

43.4

45.7

494

522

555

573

61.5

655

70.1

11
12

25.9
7.2

19.4
8.6

175
10.0

17.7
10.9

172
11.6

22.9
12.9

26.3
14.2

26.8
15.3

26.7
16.7

27.7
18.0

28.9
20.1

30.0
22.3

31.1
24.4

31.8
26.1

32.9
28.6

34.2
31.3

36.3
33.8

Line
1
Business1
Nonfarm i
Nonfarm less housing
Housing
Farm
Households and Institutions
Private households
Nonprofit institutions
General government2
Federal
State and local

1963
617.4

1964

1965

8634

1966

1967

719.1

7874

1968

8335

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

14354

9823

9105

1,1254

1,2373

1,3824

1,496.9

1,6304

1,8194

2,026.9

2391.4

25575

2

525.9

564.7

6134

670.4

703.7

766.1

8233

8803

9334

1,0283

1,1544

1,246.0

1,3515

1,5164

1,697.5

1,931.9

2,164.1

3
4
5
6

505.5
458.1
47.4
20.4

545.5
495.3
50.2
19.3

591.9
538.4
535
21.9

647.5
590.6
57.0
22.9

681.5
620.6
60.8
22.2

743.4
678.6
64.8
22.7

798.1
728.2
69.9
253

834.1
759.2
74.9
26 2

905.8
824.1
81.7
28.1

995.6
906.9
88.7
32.6

1,104.9
1,007.9
96.9
49.8

1,198.6
1,092.8
105.9
47.4

1302.7
1,188.4
114.3
48.8

1,469.6
1,344.6
125.0
46.4

1,650.3
1,510.9
139.4
47.2

1,877.1
1,721.3
155.8
54.7

2,099.7
1,923.6
176.1
64.5

7

16.7

173

193

213

23.4

26.1

295

324

35.6

39.0

43.0

472

52.0

57.1

62.4

69.8

773

8
9

3.8
12.8

3.9
14.0

4.0
15.3

4.0
173

4.2
19.2

4.4
21.7

4.4
25.0

45
27.9

4.6
31.1

4.6
34.3

4.8
382

4.6
42.6

4.6
47.4

5.4
51.7

5.9
56.5

6.5
63.2

6.4
71.0

10

744

804

884

96.1

1065

1184

1295

1424

1554

170.1

185.0

203.7

227.1

245.8

266.9

289.7

316.0

11
12

38.1
36.7

405
40.0

42.3
43.7

47.1
49.0

51.6
54.9

56.5
61.9

60.2
693

64.3
78.7

683
87.7

73.1
96.9

76.9
108.1

83.5
120.3

91.7
135.4

97.9
147.9

106.1
160.9

113.8
175.9

122.3
193.7

Line
Gross domestic product
Business'
Nonfarm'
Nonfarm less housing
Housing
Farm
Households and Institutions
Private households .
Nonprofit institutions
General government2
Federal
State and local

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1

2,784.2

3,115.9

3342.1

35145

3,9024

4,180.7

4,4223

4,6923

5449.6

5,438.7

5,7434

5,916.7

6244.4

6,558.1

6,947.0

2

23463

2,6314

2,714.7

2,950.0

3,289.6

35202

3,716.7

3,933.1

4,2334

4563.7

4,796.9

4,908.5

5,184.4

5,453.1

5,8014

3
4
5
6

2,290.2
2,085.0
205.1
56.1

2,581.9
2,326.6
235.3
69.9

2,849.5
2390.0
259.5
65.1

2,900.8
2,624.1
276.7
492

3,221.1
2,918.6
302.5
68.5

3,453.1
3,121.1
332.0
67.1

3,653.7
3,295.2
358.5
63.0

3,868.0
3,481.6
386.4
65.1

4,169.6
3,750.4
419.2
63.8

4,487.5
4,036.1
451.4
76.2

4,717.3
4,234.1
483.2
79.6

4.835.6
4.325.7
509.9
72.9

5,103.8
4,560.6
543.2
80.6

5,380.1
4,822.9
557.1
73.0

5,718.1
5,123.6
594.4
83.5

7

87.1

974

1082

119.2

131.2

140.9

153.7

173.3

195.1

214.6

237.9

257.4

279.1

2965

312.7

8
9

6.1
81.0

6.2
91.5

6.3
102.0

6.3
112.9

7.3
123.9

73
133.6

7.7
145.9

7.7
165.6

8.3
186.8

8.9
205.7

9.4
228.5

9.1
248.3

10.1
269.0

10.7
285.8

11.0
301.7

10

350.8

3864

4193

4453

481.7

5194

551.9

5864

621.0

660.3

709.0

750.7

781.0

808.5

832.7

11
12

135.6
215 2

151.0
235.4

164.0
255.2

173.5
271.8

190.8
290.9

203.6
316.0

211.1
340.7

221.3
364.7

230.0
391.0

240.5
419.8

252.7
456.3

268.1
482.6

274.4
506.6

278.9
531.6

275.2
557.5

IV

1

1946

1947

1948

1949

1950

Line
1
Gross domestic product
Business'
Nonfarm'
Nonfarm less housing
Housing
Farm
Households and Institutions
Private households
Nonprofit institutions
General government2
Federal
State and local




II

III

IV

1

II

III

2104

2184

2284

232.8

2374

240.9

245.1

2

1734

181.0

1904

1944

2033

207.2

3
4
5
6

156.7
146.9
9.8
16.7

163.5
1535
10.0
17.5

170.6
160.4
10.1
20.3

173.9
163.8
10.3
20.9

161.9
171.3
10.5
21.4

189.0
178.2
10.8
18.2

1

IV

1

II

III

2554

2604

267.9

2744

212.7

2224

2284

2354

241.0

2414

192.7
181.7
11.1
20.0

201.8
190.3
11.4
21.1

207.0
1952
11.8
21.5

210.6
198.4
12.2
24.8

216.8
2042
12.6
242

219.2
206.3
12.9
22.7

2754

II

III

IV

1

II

266.7

268.1

265.7

2764

2853

2353

232.1

2334

231.1

241.9

2512

216.5
203.2
13.3
19.4

2132
199.5
13.7
18.9

215.7
201.7
14.0
18.1

212.9
198.5
14.4
18.2

223.2
208.4
14.8
18.7

232.3
217.1
15.2
18.9

2704

7

45

43

44

4.7

44

5.1

54

54

53

54

54

5.7

54

5.9

5.8

6.2

63

63

8
9

2.1
2.4

2.t
22

2.1
2.3

22
25

2.2
2.4

2.3
2.9

2.5
2.9

25
2.9

23
3.0

2.4
3.2

2.4
3.4

2.3
3.4

2.3
3.5

2.3
3.6

2.3
3.5

2.6
3.7

2.6
3.7

2.5
34

10

324

332

334

332

295

235

274

26.7

27.1

274

27.7

28.2

284

28.7

284

283

274

274

11
12

25.8
6.8

26 2
7.0

26.1
73

25.4
7.8

21.4
82

20.1
8.4

18.3
8.7

17.6
9.1

17.6
9.4

17.3
9.7

17.5
102

17.7
10.6

182
10.7

17.9
10.8

17.4
11.0

17.2
11.1

165
11.2

16.4
11.4

Table 1.7.—Gross Domestic Product by Sector: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

III
Gross domestic product

IV

1

302.8

314.4

III

II

I
329.5

IV

II

I

1954

1953

1952

1951

1950
Line

III

I

IV

II

III

I

IV

III

II

IV

337.1

344.0

348.4

351.7

352.5

358.7

371.4

3783

382.1

381.6

376.6

376.4

376.9

381.7

390.1

2

267.5

276.7

289.2

295.1

300.0

303.6

305.5

305.1

3103

322.7

329.1

332.0

3313

326.5

326.1

325.7

329.9

3373

Nonfarm'
Nonfarm less housing
Housing
Farm

3
4
5
6

247.3
231.7
15.6
20.1

255.1
239.0
16.1
21.7

266.8
250.2
16.6
22.4

272.2
255.1
17.1
22.9

2772
259.6
17.6
22.8

280.1
261.9
18.2
23.5

283.6
264.9
18.7
21.9

282.7
263.4
19.3
22.4

286.7
266.8
19.9
23.7

302.1
281.6
20.4
20.6

308.4
287.4
21.0
20.7

311.8
290.2
21.7
20,2

311.9
289.7
22.3
19.6

306.7
283.9
22.9
19.8

305.7
282.2
23.4
20.4

306.5
282.5
24.0
19.2

310.3
285.8
24.5
19.6

318.3
293.4
24.9
18.9

Households snd Institutions

7

6.5

6.7

6.9

6.9

63

7.0

7.1

7.1

74

7.4

7.6

73

83

7.8

73

7.9

8.1

8.7

8
9

2.6
3.8

2.5
4.2

2.7
4.2

2.6
4.2

2.7
4.2

2.5
4.5

2.3
4.8

2.6
4.5

2.9
4.5

2.6
4.7

2.5
5.1

2.7
5.1

2.9
5.1

2.7
5.1

2.5
5.3

2.5
5.4

2.5
5.6

2.8
5.9

10

283

30.9

334

35.2

37.0

37.8

393

40.2

403

413

41.7

423

42.1

423

42.5

43.3

43.7

44.2

11
12

17.1
11.7

18.9
12.0

21.0
12.4

22.5
12.7

23.9
13.1

24.3
13.5

25.5
13.7

26.3
13.9

26.6
14.4

26.7
14.7

26.8
15.0

27.1
15.2

26.7
15.3

26.7
15.7

26.5
16.0

26.8
16.5

26.7
17.0

26.9
17.3

1

II

III

IV

1

II

III

IV

I

II

III

IV

I

II

III

IV

I

Business'

Private households ...
Nonprofit institutions .
General government2.
Federal
State Ind local

1956

1955

1957

1958

1959

Line
Gross domestic product
Business1

II

1

402.9

4113

4193

426.4

429.0

434.7

4393

4483

4572

459.0

466.4

4613

454.0

4583

471.8

485.2

496.3

5093

2

349.9

357.0

3643

370.0

371.9

376.6

380.0

388.1

3953

3963

4023

397.8

389.0

3913

403.9

416.6

4272

439.4

Nonfarm'
Nonfarm less housing
Housing
Farm

3
4
5
6

3303
305.4
25.4
19.1

338.0
312.2
25.8
19.0

346.0
319.8
26.3
18.5

352.0
325.3
26.7
18.0

354.1
326.8
27.2
17.8

358.3
330.5
27.8
18.3

361.2
332.9
28.3
18.9

369.4
340.5
28.9
18.7

378.1
348.6
29.5
17.7

378.5
348.3
30.1
18.1

384.2
353.4
30.7
18.6

378.9
347.6
31.3
18.9

368.3
336.4
31.9
20.7

370.9
338.3
32.6
20.8

383.4
350.3
33.2
20.4

396.6
362.9
33.8
20.0

407.6
373.0
34.5
19.6

420.8
385.6
35.2
18.6

Households and Institutions

7

83

8.9

9.3

9.7

9.6

9.6

10.0

10.2

103

103

10.7

103

11.1

11.7

11.6

11.7

11.9

12.2

8
9

2.9
5.7

2.9
6.0

3.1
6.2

3.4
6.4

3.3
6.3

3.2
6.4

3.3
6.7

3.3
7.0

3.2
7.1

3.3
7.2

3.4
7.3

3.4
7.5

3.3
7.8

3.6
8.1

3.6
8.1

3.5
8.1

3.4
8.5

3.5
8.7

10

443

45.4

46.1

46.7

47.6

483

493

502

51.1

523

523

533

533

553

563

563

573

57.7

11
12

27.0
17.5

27.7
17.7

27.9
18.1

28.0
18.6

28.3
19.2

28.7
19.8

29.1
20.4

29.2
21.0

29.7
21.4

30.0
22.0

30.3
22.5

29.9
23.1

30.3
23.5

30.8
24.2

31.6
24.7

31.8
25.1

31.7
25.6

31.8
25.9

IV

I

II

III

IV

I

II

III

IV

1

II

III

IV

1

II

Private households
Nonprofit institutions
General government2
Federal
State and local

1960

1959

1962

1961

1963

Line
III
Grass domestic product

IV

III

1

5093

513.8

5273

526.1

529.0

523.9

528.1

538.9

549.6

562.6

5753

5823

589.9

592.9

602.2

610.9

623.7

632.8

2

438.9

442.1

454.1

4512

452.6

4463

449.9

460.0

469.4

4803

4913

497.9

5033

505.2

5123

520.2

531.9

5383

Nonfarm1
Nonfarm less housing
Housing
Farm .

3
4
5
6

420.6
384.6
36.0
18.3

423.0
386.2
36.8
19.1

435.6
398.1
37.5
18.4

431.7
393.6
38.1
19.5

432.4
393.5
39.0
20.2

425.5
385.6
39.9
21.1

429.3
388.9
40.4
20.6

440.8
399.8
41.0
19.2

449.7
408.0
41.7
19.7

459.8
417.1
42.5
20.7

471.1
427.9
432
20.2

477.8
433.7
44.2
20.0

483.7
438.6
45.0
20.1

484.8
438.7
46.0
20.4

492.2
445.7
46.5
20.6

500.1
453.0
47.1
20.1

511.6
463.9
47.7
20.3

518.3
469.8
48.5
20.5

Households and Institutions

7

123

13.0

133

13.9

14.1

143

144

143

143

143

152

15.4

153

16.1

163

163

163

17.0

8
9

3.6
8.9

3.7
9.3

3.7
9.7

3.8
10.1

3.9
10.2

3.9
10.5

3.9
10.5

3.6
10.6

3.6
10.8

3.8
11.1

3.9
11.3

3.7
11.7

3.8
12.0

3.9
12.2

3.9
12.4

3.8
12.7

3.9
12.9

3.7
13.3

10

58.1

58.7

59.9

61.0

623

63.0

63.8

64.7

653

673

68.8

69.5

703

713

73.0

74.1

75.1

77.0

11
12

31.8
26.3

31.9
26.7

32.2
27.7

32.7
28.3

33.3
29.0

33.5
29.5

33.5
30.3

33.8
30.9

342
31.6

352
32.3

35.9
32.9

36.0
33.5

36.3
34.0

36.9
34.7

37.5
35.6

37.9
36.2

38.1
37.0

39.1
37.9

IV

1

II

III

IV

1

II

III

IV

1

II

III

IV

1

Business'

Private households
Nonprofit institutions
General government2
Federal
State and local

1964

1965

1967

1966

1968

Line
I
Gross domestic product
Business'
Nonfarm'
Nonfarm less housing
Housing
Farm

II

III

II

1

6494

658.4

6692

675.1

695.6

708.2

725.0

747.7

7703

7803

793.6

807.1

8173

8233

838.9

854.7

8803

904.9

2

5533

570.0

5743

594.0

604.7

618.7

6373

658.1

664.9

674.1

684.5

692.1

695.3

7073

719.6

741.7

762.4

3
4
5
6

534.5
485.4
49.0
19.0

5603
542.2
492.4
49.7
18.6

551.1
500.6
50.5
18.9

554.2
502.7
51.5
20.4

573.4
521.1
52.3
20.6

583.0
529.9
53.1
21.7

596.5
542.5
54.0
22.2

614.8
559.9
54.9
23.1

633.6
577.9
55.7
24.5

642.8
586.4
56.4
22.1

651.8
594.5
57.3
22.3

661.9
603.4
58.5
22.6

669.6
610.2
59.4
22.5

673.6
613.4
60.3
21.7

685.3
624.0
61.3
22.5

697.4
635.1
62.3
22.2

719.4
656.0
63.4
22.3

740.4
676.2
64.1
22.0

Private households
Nonprofit institutions
2

General government
Federal

7

17.4

17.9

18.0

18.2

18.4

19.0

19.6

203

20.4

20.7

21.7

222

22.7

23 2

23.6

24.1

243

25.7

8
9

3.8
13.6

4.1
13.8

4.0
14.0

3.8
14.4

3.8
14.6

3.9
15.1

4.1
15.6

4.2
16.1

4.0
16.4

3.8
16.9

4.1
17.6

4.2
18.0

4.2
18.5

4.2
18.9

4.1
19.5

4.2
19.9

4.2
20.6

4.5
21.2

10

783

79.7

812

82.4

83.2

843

863

893

91.9

94.4

973

1004

1023

1043

1073

111.0

114.0

1163

11
12

Households and institutions

39.7
38.7

40.2
39.6

40.9
40.3

41.2
412

41.1
42.1

41.4
43.1

42.4
44.3

44.2
45.4

45.2
46.8

46.2
48.2

48.1
49.7

49.0
51.4

50.1
52.6

50.8
54.0

51.7
55.7

53.7
57.3

54.7
59.3

55.8
61.0

IV

1

II

III

IV

1

»

HI

IV

1

II

11
1

IV

1

II

III

IV

1969

1968
III
Gross domestic product

1971

1970

Line
1

920.1

9363

960.0

974.1

993.6 1301.0 1313.9 13293

13473

1972

1,0513 1,0963 1,117.7 1,1373 1,1493 1,1902 1224.4 1,2473 1,2863

2

773.1

7872

8073

8183

8314

8353

843.1

8553

871.0

871.6

910.0

9273

9443

953.1

986.9 1,013.1 1,037.7 1,0703

Nonfarm'
Nonfarm less housing
Housing
Farm .

3
4
5
6

7502
685.0
652
23.0

763.8
697.3
66.4
23.5

784.6
716.9
67.7
23.2

793.8
724.6
69.1
24.7

805.8
735.1
70.6
25.7

808.3
736.3
72.0
27.0

816.5
743.5
73.0
26.6

830.0
755.9
74.1
25.5

844.4
768.9
75.5
26.6

845.6
768.4
77.2
26.0

882.8
803.9
78.9
27.1

900.2
819.4
80.8
27.6

916.8
834.1
82.7
273

923.5
838.9
84.5
29.7

959.3
873.0
86.3
27.6

Households and Institutions

7

263

273

28.0

28.9

293

312

31.4

323

32.7

333

34.7

35.1

35.7

36.9

373

38.7

393

40.2

8
9

4.5
22.1

4.3
23.0

4.4
23.6

4.4
24.4

4.4
25.5

4.5
26.7

4.5
26.9

4.4
27.6

4.4
28.3

4.6
28.9

4.7
30.1

4.4
30.7

4.5
31.2

4.6
32.3

4.7
33.1

4.7
34.0

4.6
34.6

4.6
35.6

10

1203

1222

1243

1263

1323

1343

139.3

142.0

144.1

1463

152.1

1543

156.9

1593

1653

167.6

170.9

176.3

11
12

57.8
62.7

57.7
64.5

58.1
66.1

58.6
68.1

61.9
70.3

62.0
72.5

64.1
75.2

64.3
77.7

642
79.9

64.4
81.9

67.4
84.7

68.0
86.8

68.0
88.9

69.2
90.5

72.4
932

72.1
95.5

72.7
98.2

75.5
100.8

Business'

Private households
Nonprofit institutions
2

General government
Federal
State and local




987.4 1,004.8 1,031.0
939.7
899.6
915.3
87.8
91.3
89.5
30.7
32.9
39.3

Table 1.7.—Gross Domestic Product by Sector: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1974

1973

1975

1976

1977

Line
II

1

III

IV

1

II

III

IV

I

III

II

IV

I

III

II

IV

1

II

Business1
Nonfarm'
Nonfarm less housing
Housing
Farm
Households and institutions
Private households
Nonprofit institutions
2

1

1,337.5 1,369.4 1,391.4 1,432.3 1,4465 1,4825 1,511.7 15465

2

Gross domestic product

1,116.4 1,143.9 1,161.5 1,196.6 1205.1 1,2355 1258.4 12845 1,2912 1322.0 13743 1,4173 1,472.6 1,4985 15255 1,567.8 1,615.4 1,680.3

3
4
5
6

1,077.0 1,096.5 1,110.6 1,135.4 1,152.6 1,192.0 1213.0 1,236.8 12463 1,275.6 1,323.6 1.365.2 1,424.3 1,451.8 1,480.0 1,522.1 1,567.9 1,634.5
983.3 1,000.7 1,012.6 1,0352 1,050.0 1,087.3 1,106.2 1,127.6 1,135.0 1,162.6 1,208.6 1.247.3 1,303.7 1,328.6 1,353.6 1,392.3 1,433.1 1,497.0
113.0
115.1
123.2
126.4
95.8
98.0
100.2
104.7
106.8
109.2
111.3
117.8
120.6
129.8
134.8
102.7
137.5
93.7
46.4
51.3
46.2
45.5
47.4
51.0
61.2
435
45.4
48.0
44.9
52.6
48.3
45.7
47.5
52.5
45.8
39.4

7

415

42.5

435

443

45.6

46.7

47.7

48.7

495

513

52.9

54.1

55.3

56.5

57.7

59.0

60.0

61.2

8
9

4.7
36.6

4.7
37.8

4.9
38.7

5.0
39.8

4.9
40.6

4.7
42.1

4.5
43.3

4.3
44.4

4.4
45.5

4.7
46.6

4.7
48.1

4.7
49.4

5.0
50.4

5.3
51.1

5.6
52.1

5.7
53.3

5.7
54.3

5.8
55.4

219.2

2245

2293

235.4

2393

243.4

2472

253.4

Federal
State and local

259.0

263.6

895
129.7

90.5
134.1

91.7
137.6

95.0
140.4

95.7
143.6

96.7
146.6

97.9
149.3

101.3
152.1

103.7
155.3

105.0
158.6

III

IV

III

IV

III

IV

10

179.8

182.9

1863

191.0

195.8

200.3

2055

213.2

11
12

General government

75.9
103.9

76.0
106.9

76.7
109.6

78.9
112.1

80.7
115.1

81.9
118.4

83.6
121.9

87.6
125.6

III

IV

1977

1

2

Business'
Nonfarm1
Nonfarm less housing
Housing
Farm
Households and institutions

3
4
5
6
7

1979

1978
IV

III
Gross domestic product

15605 15975 1557.1 1,7073 1,7673 1,797.9 15304 1,880.3 1,934.4 2,005.1

1

II

1

II

1980
1

II

1981
1

II

2563.2 2,104.7 2,147.7 2,273.7 2333.9 2,4102 2,464.5 25223 25925 2550.4 2,7223 2,719.4 2,783.4 2,9115 3,040.2 3,0705 3,167.7 3,1855
1,7315 1,762.6 1,7985 1,918.7 1,971.4 2,038.9 2,0845 2,134.9 2,195.9 2,241.4 25025 2287.7 23415 2,453.4 2570.1 2592.1 2,6812 2,684.0
1,688.3 1,710.4 1,747.1 1,862.9 1,914.2 1,984.4 2,019.8 2,072.1 2,130.4 2,176.4 2,245.5 2242.6 2285.1 2,387.5 2,503.2 2,5235 2,605.1 2,616.1
1,547.5 1,565.7 1,596.6 1,709.3 1,757.3 1,822.1 1,851.9 1,900.4 1,952.5 1,989.5 2,051.6 2,040.5 2,077.3 2,170.8 2,278.6 2,292.3 2,366.7 2,368.8
186.8
216.7
171.7
193.9
202.1
207.8
224.6
231.2
162 2
167.9
178.0
238.3
247.3
140.7
144.7
150.5
153.7
156.9
56.4
65.9
65.0
57.0
45.1
66.9
57.1
54.5
64.5
62.8
65.5
68.6
76.1
67.9
52.3
51.5
55.8
43.3
91.2
74.1
805
83.1
85.6
94.1
72.1
755
785
88.6
963
98.7
101.5
65.4
675
68.7
703
632

2

General government
Federal
State and local

6.1
57.1

6.1
59.3

6.4
60.9

6.4
62.3

6.6
64.2

6.6
65.5

6.5
67.5

62
69.7

65
72.3

63
74.3

6.2
76.9

6.1
79.5

6.0
82.5

6.1
85.1

6.2
87.8

6.1
90.1

6.1
92.6

6.1
95.3

10

2685

276.6

2815

2862

291.7

2992

306.1

3115

318.1

328.4

3365

346.1

353.4

3672

376.1

381.9

387.7

400.0

11
12

Private households
Nonprofit institutions

105.8
162.8

109.9
166.7

111.2
170.6

112.5
173.7

114.0
177.7

117.6
181.6

119.3
186.9

120.5
191.1

122.0
196.1

127.4
200.9

129.9
206.9

133.6
212.5

135.2
218.1

143.7
223.5

147.1
228.9

148.8
233.1

150.4
237.3

157.7
242.3

III

IV

III

IV

III

IV

III

IV

8
9

Gross domestic product
Business1

1

2

1984

1983

1982
II

I

I

II

I

II

1985
1

II

1986
1

II

3,1785 3,2315 3259.1 3,299.1 3,361.0 3,4692 3,5633 3564.6 3,791.1 3,879.7 3542.2 3,996.7 4,081.2 4,134.8 42214 4,2855 4,358.2 4385.6
2,666.1 2,7095 2,7275 2,7565 25093 2,908.1 2,994.1 35885 3,195.1 3,272.2 33232 33685 3,437.1 3,481.2 3555.2 3,607.2 3569.9 35875
2,600.3 2,644.1 2,661.3 2,692.5 2,747.9 2,857.1 2,954.9 3,043.4 3,128.1 3,203.0 3,255.1 3298.1 3,366.3 3,414.1 3,490.5 3,541.3 3,608.6 3,627.6
2,347.0 2388.5 2,399.0 2,425.5 2,478.6 2,583.9 2,675.9 2,758.0 2,837.1 2,907.1 2,949.4 2,980.9 3,044.6 3,087.4 3,154.9 3,197.5 3,259.2 3,271.3
305.7
326.7
285.4
295.9
317.3
321.7
335.7
273.2
279.0
291.0
343.8
349.4
356.2
255.6
2622
266.9
269.3
253.2
67.1
69.2
68.0
69.8
70.7
64.7
59.7
39.2
45.0
67.1
65.9
61.4
51.0
61.3
64.9
66.3
63.5
65.8

Nonlarm'
Nonfarm less housing
Housing
Farm

3
4
5
6

Households and institutions

7

104.0

106.6

109.9

1125

1143

1173

120.7

123.9

1265

130.0

1323

135.4

137.0

139.1

1423

1455

148.9

151.9

8
9

6.2
97.8

6.3
100.3

6.3
103.6

6.2
106.3

6.2
108.6

6.1
111.2

6.3
114.5

6.5
117.4

6.9
119.6

7.3
122.7

7.5
125.3

7.5
127.8

7.4
129.5

7.3
131.8

7.3
135.0

7.3
138.0

7.5
141.4

7.7
144.2

10

4085

416.0

421.7

4305

437.0

443.7

448.4

452.2

469.4

4775

4863

493.4

507.1

514.5

524.0

532.7

5395

546.4

11
12

160.3
248.2

162.8
253.3

164.3
257.4

168.5
262.1

170.5
266.5

173.4
270.4

174.8
273.6

175.5
276.7

187.3
282.2

189.9
287.6

192.4
293.9

193.6
299.8

200.5
306.6

2022
312.3

204.1
319.9

207.3
325.4

208.8
330.6

209.9
336.4

Private households
Nonprofit institutions
General government2
Federal
State and local

III
Grass domestic product

1
2

Business'
Nonfarm'
Nonfarm less housing
Housing
Farm
Households and institutions

3
4
5
6
7

1

IV

II

2

General government
Federal

1

II

III

IV

I

II

1990
III

IV

I

II

III

IV

4,4433 4501.7 4565.7 4545.1 4,7225 4,8355 4,898.2 55004 5,0945 5,2055 5,316.8 5,4132 5/4865 55375 5560.6 5,7505 5,782.2 5,781.7
3,7333 3,776.1 3527.0 3,893.1 3,9572 4,055.1 4,101.2 4,1915 4,2724 4369.1 4,463.1 45465 45044 4,6415 4,7395 4,8125 4325.5 4510.0
3,667.1 3.711.5 3.763.3 3,829.1 3,892.1 3.987.5 4,027.7 4,125.1 4207.2 4.318.6 4,386.0 4,468.8 4,530.0 4,565.1 4,660.9 4,730.1 4,746.1 4,732.1
3,305.6 3.344.6 3.388.4 3,449.1 3,501.4 3.587.6 3,620.2 3,711.7 3,785.1 3.884.7 3,945.3 4,021.6 4,072.0 4,105.4 4,192.1 4,252.0 4,256.4 4236.1
459.6
422.1
440.6
447.2
458.1
478.1
489.7
380.0
390.8
407.5
433.9
468.8
496.0
399.9
413.4
366.9
374.9
361.4
76.0
65.2
77.1
77.5
74.3
82.4
79.4
64.0
65.1
77.8
73.5
50.6
78.9
67.6
65.9
64.6
63.7
66.2
202.4
183.7
1882
1925
1975
2075
212.1
2165
222.1
2285
2355
2425
2445
1585
163.0
1695
1775
1552
7.8
155.2

7.7
161.8

7.8
147.4

7.9
150.7

10

554.7

5675

5755

5825

211.8
343.0

214.0
353.0

219.3
356.5

220.2
362.3

8
9

IV

III

11
12

Private households
Nonprofit institutions

1989

1988

1987

1986
Line

7.7
176.0

7.9
180.3

8.2
184.3

8.5
189.0

8.7
193.7

8.8
198.7

8.9
203.2

9.0
207.8

9.0
213.1

9.3
219.3

9.5
226.0

9.4
233.4

9.4
235.4

5885

5972

6083

616.9

6245

6335

646.2

6545

665.7

674.6

6923

7025

713.9

727.0

222.0
366.4

223.5
373.6

227.5
381.3

228.9
387.9

231.2
393.4

232.4
401.4

238.5
407.7

240.0
414.9

242.0
423.8

241.6
433.0

248.7
443.5

250.4
452.4

253.1
460.8

258.5
468.4

1

II

III

IV

1

II

III

7.7
169.3

I

II

III

IV

1994

1993

1992

1991
Line
I

II

III

IV

6,2012

6,271.7

6383.1

6,4445

6509.1

65745

6,704.2

6,7943

6311.4

IV

Nonfarm'
Nonfarm less housing
Housing
Farm
Households and institutions
Private households
Nonprofit institutions
2

General government
Federal
State and local

1

5521.9

55925

6502.1

6,1215

6,9865

7,095.7

2

Grass domestic product
Business'

55502

45303

45875

4537.7

4,9785

5,080.1

5,143.0

5,2052

53093

53535

5,4095

5,463.7

5588.1

5,6635

5,769.9

5537.0

55365

3
4
5
6

4,759.9
4,259.3
500.6
70.4

4,810.5
4,305.6
504.9
77.1

4,866.8
4,354.5
512.3
70.9

4,905.1
4,383.3
521.6
73.3

5,000.9
4,475.0
525.9
79.2

5,062.7
4531.5
531.2
80.3

5,121.0
4,549.7
5713
84.1

5,230.6
4,6862
544.4
78.7

5282.0
4,725.6
556.5
71.0

5,333.4
4,778.7
554.7
76.2

5,398.6
4,841.5
557.1
65.1

5,506.2
4,945.9
560.3
79.9

5,572.3
4,9845
587.8
90.7

5,684.9
5,101.6
583.3
85.0

5,7562
5,158.0
598.2
80.8

5,858.8
5,250.4
608.4
77.5

7

2492

255.7

259.7

265.1

270.1

2783

281.7

2862

290.1

2945

298.9

302.4

3055

3095

314.9

3205

8
9

9.0
240.1

9.0
246.7

9.1
250.6

9.3
255.9

9.7
260.4

10.0
268.3

10.2
2715

10.4
2753

10.5
279.6

10.6
283.9

10.7
2882

10.8
291.6

10.8
295.1

10.9
298.7

11.1
303.8

11.3
309.2

10

7424

749.1

7523

758.6

771.7

7805

7845

7875

801.4

805.0

812.0

815.7

8254

831.8

834.7

8385

11
12

267.9
474.5

268.5
480.6

268.1
484.7

267.9
490.6

274.4
497.3

275.8
504.2

275.2
509.6

272.1
515.5

278.9
522.5

276.2
528.9

277.2
534.8

275.3
540.4

277.5
547.8

277.7
554.1

273.6
561.1

272.0
566.9

1. Gross domestic business product equals gross domestic product less gross product of households and institutions and of general government Gross nonfarm product equals gross domestic business product less gross farm
product.




2. Equals compensation of general government employees plus general government consumption of fixed capital
as shown in table 3.7.

Table 1.8.—Real Gross Domestic Product by Sector: Annual, 1929-94, and Quarterly, 1947-94
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
Une
Gross domestic product

1

1929
790.9

1930
719.7

1932

1931
674.0

1933

5844

1934

577.3

1935

641.1

698.4

1936
790.0

1937
8315

1938
8014

1939

1941

1942

1943

1944

1945

1,1014

1,308.9

1,523.0

1,644.7

1,626.7

1940
9414

8664

2

Business'
Nonfarm1
Nonfarm less housing
Housing
Farm .
Households and institutions
Private households
Nonprofit institutions
2

597.0

537.8

500.7

4284

4204

467.1

5104

576.9

613.7

584.5

6364

694.6

812.1

939.4

1,038.3

1,095.2

1,0784

3
4
5
6

549.4
505.5
45.0
23.6

491.9
446.7
44.7
22.5

446.9
400.7
44.5
26.7

377.8
329.8
44.3
25.9

371.3
325.1
42.8
25.2

423.1
375.7
44.1
21.3

459.0
411.6
44.1
25.2

534.6
487.4
43.9
21.4

559.7
511.8
44.7
26.5

530.4
480.3
46.6
26.5

580.2
529.5
47.3
27.6

640.1
568.2
48.7
26.1

753.5
699.3
512
28.1

876.6
818.0
55.3
30.5

983.2
921.1
58.6
29.2

1,042.6
977.6
61.3
29.2

1,026.9
960.3
62.9
28.8

7

64.1

624

574

524

514

544

56.1

58.8

61.1

584

61.1

654

65.7

674

62.4

61.9

61.9

8
9

24.9
24.8

23.2
25.2

20.6
24.8

17.7
24.0

16.8
23.5

19.0
23.8

19.9
24.2

21.2
25.0

22.4
25.6

20.5
25.9

21.9
26.2

23.0
28.7

21.7
30.5

22.1
31.6

18.3
32.5

17.5
33.6

17.3
34.0

Residual

109.9

1154

117.2

115.6

1214

137.6

146.9

172.1

164.2

176.6

180.7

188.9

233.1

3614

597.7

727.1

730.4

24.9
79.9

26.7
83.2

25.5
86.1

24.4
85.6

29.9
862

39.7
91.6

44.0
96.1

72.8
90.9

63.1
93.6

70.8
97.5

72.9
99.3

79.4
100.5

121.5
101.3

249.0
100.0

484.5
97.5

614.9
95.3

615.9
97.4

13

Federal „ „
State and local

10
11
12

General government

623

474

45.1

324

274

25.9

334

274

43.8

33.1

41.8

46.6

482

24

-118.7

-184.7

-189.9

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

1

1,447.7

1,430.7

1,491.0

1,479.8

1,6114

1,734.0

1,798.7

1581.4

1,868.2

2501.1

24402

2,078.5

24574

2210.2

2,262.9

2514.3

2,4544

Une
Gross domestic product

2

Business'
Nonfarm'
Nonfarm less housing
Housing
Farm
Households and Institutions
Private households
Nonprofit institutions
2

General government

14704

1493.6

1,151.6

1,142.2

1255.7

14374

15814

1,450.4

1,438.5

1,552.9

1582.1

1511.2

15884

1,721.7

1,7582

1,795.8

1,911.7

3
4
5
6

1,016.4
947.9
65.0
29.2

1,052.9
980.6
68.8
26.3

1,098.0
1,021.7
72.8
30.4

1,0942
1,013.4
77.9
28.7

1206.5
1,119.4
83.8
30.5

1,296.5
1,202.5
90.5
29.2

1,338.5
1,237.5
97.8
30.3

1,404.5
1,297.3
103.9
32.2

1,389.7
1,276.0
110.6
33.1

1,504.1
1,383.4
117.2
34.2

1,534.3
1,407.0
124.0
34.0

1,566.8
1,431.6
132.1
32.8

1,540.8
1.398.3
140.0
33.9

1,677.4
1,524.7
149.8
33.7

1,710.8
1,548.3
160.0
35.3

1,748.5
1,576.8
169.4
35.6

1,868.0
1,685.1
180.4
34.9

7

624

664

71.5

73.4

775

79.4

78.9

81.0

81.7

90.2

95.0

97.4

102.0

105.0

112.1

113.1

117.2

8
9

16.0
37.3

17.1
39.8

16.8
45.9

16.7
48.1

18.2
50.2

17.9
52.3

16.5
54.4

16.2
57.3

15.2
59.8

18.1
63.7

18.9
67.4

18.5
70.5

18.9
74.7

18.5
78.6

18.6
85.9

18.1
87.8

17.9
92.3

3964

3124

2974

294.7

297.1

3534

382.6

3895

3894

390.4

3975

405.7

4095

415.1

4295

4445

4614

290.9
102.6

205.2
109.5

188.5
112.4

178.8
119.9

177.2
124.1

230.5
127.4

256.1
131.8

257.1
137.6

250.3
143.7

244.3
150.4

241.7
159.8

240.8
168.6

234.1
178.9

232.1
186.4

236.4
196.2

241.5
206.4

251.7
213.6

13

Residual

10
11
12

Federal
State and local

-41.2

-16.6

24

-3.7

7.9

-164

-25.7

-20.2

-20.5

-10.2

-125

-164

-215

-13.6

-175

-214

-21.1

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

1

2559.4

2,708.4

2,881.1

3,069.2

3,147.2

3,293.9

3,393.6

3497.6

3510.0

3,702.3

3516.3

3,891.2

3573.9

4,082.9

42734

4503.0

4,6305

Line
Gross domestic product

2

Business'
Nonfarm'
Nonfarm less housing
Housing
Farm ..
Households end Institutions
Private households
Nonprofit institutions
3

General government
Federal
State and local
Residual

1,997.7

2,122.6

22685

2,4195

24705

2,590.4

25705

2573.9

2,7775

25582

3,159.1

3,125.4

3,100.1

3,2982

3,475.8

3,6875

3,804.8

3
4
5
6

1,953.4
1,760.9
189.9
35.9

2,083.2
1,881.4
198.9
34.6

2227.7
2,014.4
210.0
36.5

2,383.8
2,159.8
220.3
35.4

2,430.5
2,195.9
231.2
37.7

2,555.0
2,310.9
240.3
36.5

2,634.6
2,380.0
251.1
37.5

2,635.1
2,373.6
258.7
38.7

2,736.5
2,464.3
269.3
40.4

2,920.6
2,634.3
282.7
40.4

3,127.5
2,827.3
295.9
40.3

3,095.6
2,781.6
311.7
39.3

3,050.3
2,733.9
315.4
46.4

3256.4
2,929.7
323.4
44.7

3,431.8
3,093.7
333.6
47.0

3,6522
3,295.2
351.7
44.9

3,763.2
3,388.4
370.7
46.3

7

120.1

123.4

127.9

1325

136.9

1414

145.5

144.0

1472

151.4

154.9

156.1

161.2

163.0

1675

170.3

173.7

8
9

17.7
95.6

17.5
99.4

16.9
105.0

16.3
110.9

16.3
115.2

15.5
120.6

14.7
126.5

13.8
126.4

13.1
130.6

12.7
135.4

12.4
139.6

10.7
143.2

10.1
149.2

10.4
150.6

10.5
155.0

10.8
157.5

9.4
163.1

10

475.7

492.4

5095

542.1

571.1

5925

6075

609.7

6115

611.5

614.8

625.2

631.1

6345

639.1

649.2

654.2

11
12

254.3
224.6

256.8
238.4

258.8
253.0

276.4
268.4

295.1
279.2

300.6
294.8

301.7
307.8

288.9
321.5

276.1
334.9

263.5
347.4

253.8
3602

252.0
372.6

249.0
381.7

247.5
386.4

246.3
392.6

247.3
401.8

245.1
409.3

13

-195

-18.6

-135

-185

-23.4

-25.3

-25.7

-244

-18.7

-14.1

-132

-19.9

-115

-95

-6.1

-6.2

-3.7

Une
Gross domestic product
Business1
Nonfarm'
Nonfarm less housing
Housing
Farm
Households and Institutions
Private households
Nonprofit institutions
General government2
Federal
State and local
Residual

1980

1961

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1

4,615.0

4,720.7

45204

4503.7

5,140.1

5,3235

5487.7

5,649.5

5565.2

6562.0

6,1364

6,0794

6,2444

6,389.6

6510.7

2

3,779.9

3,878.4

3,772.7

35465

4,2664

44254

4563.0

4,699.8

4,8822

5,049.4

5,0974

5,026.4

5,184.4

5,317.2

54304

3
4
5
6

3,741.4
3,346.2
395.6
46.7

3,816.7
3,406.8
411.6
60.0

3,705.9
3291.9
418.7
62.6

3,916.3
3,497.0
421.3
40.2

4,211.8
3,774.7
437.5
56.7

4,357.8
3,906.2
451.9
66.9

4,499.0
4,039.3
459.7
64.2

4,635.1
4,161.0
473.9
65.3

4,826.9
4,335.8
491.0
58.2

4,984.9
4,477.9
506.8
65.9

5,026.5
4,510.5
515.9
70.8

4,954.9
4,428.1
526.8
71.6

5,103.8
4,560.6
543.2
80.6

5,246.2
4,704.1
542.1
71.0

5,446.0
4,883.3
562.7
85.0

7

178.7

182.7

188.0

192.3

197.1

203.4

2135

224.1

2405

253.4

264.1

272.1

279.1

290.1

297.9

8
9

8.3
169.8

7.8
174.7

7.6
180.4

7.6
184.8

8.7
1882

8.7
194.6

9.0
204.3

8.9
215 2

9.5
231.0

10.1
243.3

10.2
253.8

9.4
262.6

10.1
269.0

10.3
279.8

10.4
287.5

10

660.9

6624

6665

668.7

676.0

6932

709.9

7242

7415

758.1

774.7

781.1

781.0

782.3

782.6

11
12

246.7
414.5

248.3
414.2

250.3
416.4

254.2
414.4

258.2
417.6

263.9
429.2

266.9
443.0

272.3
452.0

274.1
467.3

276.2
481.9

280.3
494.5

281.0
500.1

274.4
506.6

267.7
514.5

258.4
5242

13

-125

-2.7

-7.6

-15.8

-15

2.1

1.3

.9

-1.7

-.1

.3

-2

.1

-.8

NOTE TO USERS: See the cautionary note on page 6 concerning comparisons of chained (1992) dollar estimates.
See footnotes and note at the end of the table.




Table 1.8.—Real Gross Domestic Product by Sector: Annual, 1929-94, and Quarterly, 1947-94—Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
1947

1948

1950

1949

1951

Line
II

I
Gross domestic product

1

III

IV

1

II

III

I

IV

II

III

I

IV

II

III

1,402.5 1,424.6 1,4375 1,458.1 1,4743 1,493.9 1,497.0 1,498.9 1,480.1 1,474.1 1,490.7 1,474.5 1538.2 15845

IV

I

II

1,644.1 1,678.6 1,693.1 1,724.0

2

Business'
Nonfarm'
Nonfarm less housing
Housing
Farm
Households and institutions
Private households
Nonprofit institutions
General government2

1,063.1 1,088.0 1,101.0 1,1225 1,1355 1,155.3 1,157.2 1,158.2 1,141.6 1,1363 1,151.9 1,1385 1,1965 1,235.4 1285.9 1,305.1 1313.7 1330.1

3
4
5
6

1,029.9 1,057.9 1,037.1 1,086.7 1,093.3 1,093.4 1,103.2 1,101.9 1,093.8 1,087.2 1,105.0 1,090.8 1,141.9 1,182.1 1,243.1 1,259.0 1,278.8 1,290.4
964.7 1,012.9 1,018.6 1,017.7 1,026.4 1,024.0 1,014.9 1,007.2 1,023.5 1,008.2 1,057.5 1,096.0 1,154.9 1,169.3 1,187.3 1,197.2
985.9
958.8
81.4
70.1
71.1
73.4
74.6
82.9
67.7
68.4
69.1
72.2
75.9
77.2
78.6
80.0
84.5
86.2
89.6
87.8
25.4
28.7
31.3
31.3
24.1
27.2
32.6
30.4
31.2
28.6
29.0
285
29.1
30.2
23.7
32.2
27.2
28.8

7

65.9

65.7

67.0

675

71.7

715

71.7

703

72.0

73.2

73.0

753

77.1

77.9

77.2

795

79.9

79.6

a
9

16.5
40.1

17.1
38.8

17.3
39.8

17.3
40.6

17.1
45.5

16.8
45.9

16.6
46.4

16.5
45.7

16.4
47.1

16.5
48.2

16.8
47.6

17.1
49.4

17.8
50.0

18.2
50.3

18.4
49.1

18.4
51.4

18.3
52.2

18.1
52.2

325.3

313.0

308.4

3013

299.9

294.7

2965

2985

297.4

296.6

2943

290.1

286.0

2895

295.2

317.6

326.2

3493

220.0
107.1

206.9
108.8

201.0
110.4

193.1
111.5

1913
111.5

186.6
111.5

187.6
112.5

187.9
114.1

184.7
116.4

181.6
119.0

177.6
121.3

171.2
123.1

166.7
123.5

170.1
123.9

175.1
124.3

197.1
124.8

204.8
125.7

227.5
126.8

13

Residual

10
11
12

Federal
State and local

-31.8

-25.0

3.0

-12.8

-85

105

3.7

4.9

-3.9

-45

-33

-3.2

10.0

115

8.7

12

-102

-16.2

III

IV

III

IV

1

II

III

IV

1953

1952

1951
Line
III
Gross domestic product

1

1

IV

II

1

II

1,758.2 1,760.6 1,7793 1,7783 1,7903 1346.0 1,8825 13973

1954

1955
1

II

IV

III

1,887.4 1353.2 1,849.9 1,848.5 1368.9 1,9055 1,9595 13944

2,020.1 2,0305

1,4223 1,451.9 1,464.2 1,455.1 1,430.4 1,4235 1,422.0 1,438.9 1,4695 1518.1 1548.3 1569.0 15753

2

Business'
Nonfarm' ..
Nonfarm less housing
Housing
Farm
Households and institutions
Private households
Nonprofit institutions
2

13533 1352.9 1,365.4 1,3635 13735

3
4
5
6

1,306.6 13103 1,321.0 1322.1 1327.4 1,383.5 1,406.7 1,414.0 1,411.4 1,386.1 1,374.3 1,373.3 1,390.9 1,420.2 1,4715 1,497.1 1518.1 1,529.5
1,211.6 1,213.7 1222.4 1,221.9 1.225.7 1,279.8 1301.6 1,3075 1303.4 1,276.7 1,263.2 1,260.5 1,276.4 1,303.9 1,353.5 1,377.4 1,396.6 1,406.3
111.4
103.0
104.6
106.3
109.7
113.1
97.0
98.7
100.2
108.1
114.8
116.4
119.7
952
101.5
118.0
91.4
93.2
33.8
31.4
31.4
32.8
33.6
30.5
29.8
31.3
32.0
33.1
32.9
33.0
35.1
33.4
29.5
35.2
30.9
29.9

7

782

79.8

815

783

773

785

81.9

81.7

80.8

795

795

80.2

81.6

855

85.0

89.3

91.7

94.7

8
9

17.8
51.2

17.4
53.6

16.9
56.5

165
53.7

16.3
53.0

16.2
54.6

16.4
57.8

16.3
57.8

16.1
57.2

15.8
56.3

15.0
57.9

15.0
58.7

15.2
59.7

15.8
62.8

17.1
59.8

17.9
63.2

18.4
64.7

18.8
67.1

Residual

3673

370.1

3772

382.7

3855

385.0

3873

3395

391.2

3895

3883

388.5

389.7

390.7

390.1

388.2

390.7

3925

243.9
128.0

245.9
129.2

252.3
130.1

257.0
131.0

258.7
132.2

256.6
133.7

258.0
135.1

258.2
136.6

257.9
138.5

254.4
140.1

251.7
141.5

250.4
142.8

250.0
144.3

249.1
146.2

247.1
147.4

243.4
149.0

243.4
151.4

243.1
153.9

13

Federal
Stale and local

10
11
12

General government

-165

-223

-24.7

-28.1

-25.0

-245

-19.8

-15.9

-21.7

-225

-205

-215

-20.9

-18.9

-13.1

-8.0

-75

-113

IV

I

1957

1956

1959

1958

1960

Line
1

II

III

IV

I

II

III

I

IV

II

III

I

IV

II

III

II

2,037.7 2333.4 2366.2 2,0775 2,0713 2,094.0 2,0703 2,0125 2324.7 23723 2,120.6 2,165.0 2,2233 2,221.4 2,2313 2,279.2 23655

Business'
Nonfarm'
Nonfarm less housing
Housing
Farm
Households and institutions
Private households
Nonprofit institutions
2

General government
Federal
State and local
Residual

1

23235

2

Gross domestic product

15703 1581.4 1574.9 1,602.1 15115

3
4
5
6

1,525.9 1,533.4 1,526.9 1,551.1 1,570.3 1,562.7 1,580.0 1,554.0 1,499.8 15073 1,554.3 1,601.3 1,641.7 1,691.3 1,687.2 1,689.3 1,737.1 1,716.0
1,401.3 1,407.0 1,398.8 1,421.0 1,438.0 1,428.5 1,443.8 1,416.0 1,360.5 1,366.5 1,410.8 1,455.5 1,493.5 1,540.1 1,532.9 1,532.3 1577.8 1,554.9
145.4
136.9
138.9
148.2
121.2
124.9
135.1
141.0
143.1
151.5
123.0
126.8
129.0
131.1
133.1
154.3
156.4
158.5
35.4
31.7
32.0
33.3
33.7
34.1
34.0
35.6
31.4
35 3
35.1
33.3
35.7
32.3
32.0
32.6
33.8
32.5

Nonfarm' ...
Nonfarm less housing
Housing ..
Farm
Households and Insthutions
Private households
Nonprofit institutions
General government2
Federal
State and local
Residual




1550.9 15595

1500.1 15425

1,632.7 1,734.4 1,731.4 1,738.1 1,777.9 1,7603

7

934

94.2

95.6

96.9

975

973

97.3

975

1013

1023

102.0

101.9

103.7

104.9

105.0

1063

1095

1125

18.9
65.7

18.9
66.4

18.9
67.9

18.8
69.5

18.5
70.6

18.5
70.5

18.5
70.5

18.6
70.6

18.9
73.8

19.0
75.4

19.0
74.6

183
74.7

18.4
77.4

18.8
78.0

18.4
78.8

18.4
80.1

18.1
84.0

18.6
86.3

404.4

407.2

412.2

414.4

412.4

413.7

415.9

10

393.4

395.2

399.4

402.2

4033

4055

4085

405.4

4185

422.7

429.8

11
12

242.1
155.4

240.4
158.7

241.9
161.4

2423
1638

242.0
165.2

2423
167.1

242.5
169.8

236.4
172.6

233.4
174.4

232.9
177.7

235.1
180.6

234.8
183.0

231.8
183.9

231.8
1852

232.1
187.2

232.5
189.3

234.1
192.0

238.5
194.8

13

-133

-105

-14.4

-115

-172

-18.1

-165

-13.7

-20.4

-21.1

-22.1

-21.0

-17.4

-12.1

-13.2

-115

-15.7

-19.9

III

Business'

15043

8
9

1

1962

1961

1960

Gross domestic product

15053 15235

IV

I

II

III

22683 2,2384 2,251.7 23924 23324

IV

1

II

1963
III

IV

1

II

1964
III

IV

I

II

III

IV

2381.0 2,4224 24484 2,4714 2,476.7 2508.7 2538.1 25863 25045 2466.7 2,6975 2,7294 2,739.7

2

1,762.0 1,7324 1,7422 1,7784 1412.1 14503 14864

3
4
5
6

1,712.2 1,677.9 1,690.7 1,731.0 1,7662 1,806.1 1,844.5 1,861.8 1,881.4 1,884.5 1,908.1 1,935.6 1,976.8 1,993.0 2,052.5 2,075.9 2,100.1 2,104.1
1548.7 1511.7 1,522.6 1,560.8 1,593.4 1,630.3 1,666.4 1,680.4 1,697.0 1,696.8 1,718.9 1,744.3 1,783.2 1,797.1 1,854.6 1375.7 1,897.2 1,898.1
178.9
181.9
188.7
190.8
193.3
161.0
164.1
167.9
170.3
173.3
175.5
185.3
186.8
195.0
165.9
197.3
200.0
203.2
35.4
35.2
35.4
35.6
352
37.1
35.5
34.7
33.7
373
354
33.1
36.5
38.5
35.1
33.5
35.3
36.6

1,906.7 1,925.4 1,9284 1,956.1 13794 2,020.0 2,035.1 2489.2 2,1134 2,1404 2,1475

7

1124

1144

1144

1114

1114

1144

115.4

115.9

1184

1193

118.9

1193

120.6

121.4

122.1

1244

1233

1234

8
9

183
85.8

18.9
87.4

19.1
87.0

17.6
87.2

17.3
87.7

182
892

18.4
89.7

17.5
91.8

17.9
93.7

18.0
94.0

18.1
93.9

17.7
94.9

17.9
96.0

172
97.9

17.3
98.4

18.3
99.6

17.7
99.0

16.8
100.8

10

4314

4334

438.0

4404

446.0

454.0

4572

4603

463.9

4654

468.7

473.7

479.1

4813

4855

4905

4944

4984

11
12

2365
197.8

236.6
2002

237.3
203.9

238.7
205.0

241.8
207.5

248.3
209.2

2512
209.6

252.3
212.1

252.4
215.0

250.7
217.6

2513
220.0

254.3
222.7

255.8
226.5

2552
2292

255.0
233.5

256.6
236.8

258.0
239.6

257.8
243.7

13

-164

-183

-212

-20.7

-205

-222

-214

-204

-21.2

-21.1

-18.1

-203

-195

-205

-202

-203

-17.2

-173

Table 1.8.—Real Gross Domestic Product by Sector: Annual, 1929-94, and Quarterly, 1947-94—Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]

Gross domestic product

1

1967

1966

1965
II

1

III

1

IV

II

III

IV

1

II

1968
III

IV

I

II

1969
III

IV

I

II

2,808.9 2,8465 2,8984 2,9705 3,042.4 3,0554 3,0765 3,102.4 3,127.2 3,1294 3,1544 3,178.0 3,236.2 3492.1 3416.1 3431.2 35815 3,390.2

2

Business'
Nonfarm1
Nonfarm less housing
Housing
Farm
Households and institutions
Private households
Nonprofit institutions
2

2,209.2 2,239.6 2,282.8 25435 2,4044 2,4115 2,4225 2,438.7 2,457.1 2,456.7 2,474.2 2,493.7 2544.1 2,589.2 2,607.2 24214 2,665.4 2,6694

3
4
5
6

2,167.6 2,201.3 2,240.0 2,302.0 2,366.5 2,376.6 2,390.8 2,401.1 2,415.7 2,415.8 2,434.6 2,455.7 2,507.7 2,554.4 2,572.3 2,585.4 2,630.2 2,633.5
1,958.7 1,989.7 2,025.4 2,084.0 2,146.4 2,154.3 2,165.6 2,173.0 2,184.9 2,182.8 2,198.8 2,217.0 2,266.7 2,311.9 2,327.4 2,337.6 2,379.5 2,380.0
224.7
227.4
244.1
216.4
218.6
221.6
229.6
232.5
235.5
237.5
238.7
241.0
246.8
211.4
214.5
249.8
205.8
208.5
36.5
36.4
37.4
36.3
35.1
33.6
38.3
38.1
37.6
37.0
36.6
36.2
36.8
37.0
37.3
36.3
35.1
37.3

7

126.2

127.1

128.7

129.7

131.6

1305

133.7

134.7

1354

1364

1375

137.9

136.7

140.6

1434

143.6

143.7

144.9

8
9

16.4
104.0

16.8
104.3

17.2
105.4

17.4
106.2

16.6
109.3

15.5
110.0

16.4
111.8

16.6
112.4

16.6
113.4

16.6
114.6

16.2
116.1

16.0
116.8

15.4
116.4

16.0
119.4

15.7
122.4

15.0
124.2

14.9
124.5

14.8
125.8

General government

10

499.6

5054

512.2

520.1

527.2

5364

547.1

557.9

5645

5674

5744

5785

5854

592.1

5965

5964

600.8

605.7

Federal
State and local

11
12

256.2
246.0

256.9
251.0

259.2
255.5

263.1
259.5

267.3
262.5

272.4
266.3

279.8
270.1

286.2
274.6

293.3
274.3

293.9
276.7

296.8
281.0

296.5
284.8

298.6
289.6

302.0
293.0

302.6
296.6

299.1
299.9

300.2
302.9

301.8
306.0

13

-145

-164

-12.7

-115

-12.4

-16.7

-22.4

-21.6

-21.0

-225

-245

-25.6

-244

-25.1

-26.0

-254

-23.9

-254

Residual

1969

1971

1970

1972

1973

Une
III

IV

1

III

II

IV

1

II

III

IV

I

II

III

IV

I

II

III

IV

Nonfarm'
Nonfarm less housing
Housing
Farm ...
Households and institutions
Private households
Nonprofit institutions
General government2

1
2

Gross domestic product
Business'

3,409.7 3592.6 35865 3591.6 3,423.0 34894 3,481.4 3400.9 3,5234 3533.8 3504.7 3,6875 3,726.2 3,790.4 3,892.2 3,919.0 3,907.1 3,947.1
2583.2 2,665.2 2,662.9 2,668.5 2,6985 2,6654 2,7504 2,769.9 2,7904 2,798.4 24675 2,9465 2,979.9 3,0395 3,1375 3,162.6 3,150.2 3,186.1

3
4
5
6

2,646.6 2,628.1 2,625.4 2,630.1 2,660.1 2,624.9 2,710.1 2,728.9 2,749.4 2,757.6 2,836.7 2,908.5 2,943.3 2,993.8 3,110.5 3,131.0 3,133.8 3,134.7
2,390.5 2,369.8 2,366.5 2,370.0 2,397.7 2,360.3 2,442.6 2,458.9 2,475.7 2,480.1 2,555.3 2,624.0 2,655.6 2,702.5 2,815.1 2,832.3 2,831.9 2,829.7
257.1
259.4
262.1
264.4
267.1
278.4
281.0
284.1
252.6
270.9
274.9
287.6
290.7
255.2
256.0
294.0
297.6
301.1
39.4
40.4
38.8
39.9
40.7
40.6
36.7
40.6
37.8
37.9
38.0
38.5
40.5
44.0
38.7
40.3
35.6
46.5

7

146.4

1465

1454

143.9

142.6

144.2

1465

146.0

1474

1485

1495

1514

152.7

152.2

153.0

1545

1554

156.2

8
9

14.6
127.7

14.5
128.2

14.2
127.1

13.7
126.5

13.5
125.4

13.6
126.8

13.6
1292

12.9
129.8

13.0
130.9

13.1
132.3

13.0
133.2

12.9
134.8

12.7
136.9

12.3
136.9

12.3
137.7

12.2
139.7

12.4
140.4

12.6
140.6

6104

6125

609.1

609.4

609.9

6105

611.6

610.7

611.1

611.9

609.9

6094

6115

615.3

6144

613.8

614.0

617.0

303.2
309.2

301.4
312.9

294.1
316.3

290.4
319.8

287.2
323.3

284.0
326.7

281.5
330.2

277.6
332.8

274.2
336.4

271.0
340.3

266.6
342.6

262.8
345.6

262.1
346.9

262.4
352.2

258.0
355.4

254.7
358.4

251.6
361.8

251.1
365.3

13

Residual

10
11
12

Federal
State and local

-25.9

-27.3

-25.7

-24.4

-225

-23.5

-20.0

-184

-18.0

-185

-21.1

-14.0

-14.6

-75

-15.7

-12.6

-24.2

.2

1974

1975

1976

1977

1978

Line
I
Gross domestic product

1

II

III

IV

1

II

III

IV

I

II

III

IV

I

II

III

IV

1

II

3,908.1 3,9224 3580.0 3,854.1 3,8004 3535.2 3,907.0 35525 45445 4,072.2 4,0885 4,126.4 4,1765 4260.1 44294 44284 44455 4510.7

2

Business'
Nonfarm'
Nonfarm less housing
Housing
Farm ...
Households and Institutions
Private households
Nonprofit institutions
General government2

3,144.2 3,1564 3,1135 3,087.1 3433.1 3,0632 3,130.0 3,174.4 3,2635 32895 3402.4 34375 35835 3,465.0 3428.9 3,5254 35385 3,697.6

3
4
5
6

3,117.1 3,122.7 3,083.8 3,058.7 2,9892 3,012.1 3,075.7 3,124.1 3,222.0 3248.1 3,261.6 3,293.8 3,3412 3,426.1 3,489.4 3,470.6 3,501.4 3,662.7
2,806.9 2,808.9 2,768.3 2,742.2 2,674.8 2,697.1 2,758.8 2,805.1 2,899.6 2,923.0 2,933.7 2,962.7 3,006.1 3,089.6 3,150.5 3,128.8 3,150.9 3,307.4
313.7
3142
314.6
315.6
317.1
331.7
333.5
337.2
307.0
310.8
315.3
319.1
321.8
324.8
328.1
331.9
346.8
349.6
38.4
43.5
47.1
44.1
44.4
44.6
45.3
52.4
38.8
41.0
39.2
46.5
48.5
44.3
45.9
45.6
44.5
44.6

7

156.2

156.1

1564

155.7

1575

1604

163.4

162.9

161.9

1622

163.9

164.0

1664

1662

1674

1694

169.7

1705

8
9

12.4
140.8

11.1
142.6

10.0
144.7

9.5
144.5

9.7
146.1

10.3
148.4

10.3
1512

10.0
151.1

9.9
150.2

10.3
149.9

10.6
151.2

10.6
151.3

10.3
154.4

10.3
154.0

10.7
154.9

10.7
156.5

11.1
156.3

10.8
157.5

6224

624.1

625.9

6285

630.2

6304

631.6

6315

6325

6325

634.9

6364

637.2

6374

640.1

6415

645.1

646.4

253.1
368.4

252.3
3712

251.4
374.0

251.1
377.0

250.3
379.4

249.2
381.2

248.5
362.8

247.9
383.3

248.0
384.1

247.7
384.9

247.3
387.2

247.0
389.5

246.5
390.5

246.3
390.9

246.5
393.4

246.0
395.5

247.0
397.9

247.6
398.7

13

Residual

10
11
12

Federal
State and local

-194

-155

-214

-23.9

-17.1

-12.1

-8.7

-9.1

-10.4

-95

-105

-8.7

-9.0

-75

-54

12

-9.0

-55

1

II

III

IV

I

III

IV

1978

1980

1979

1981

1982

Une
III

IV

I

II

III

IV

III

IV

I

II

II

Business'
Nonfarm1
Nonfarm less housing
Housing
Farm ....
Households and institutions
Private households
Nonprofit institutions
2

1

4552.1 4,603.7 4505.7 45155 4,644.9 45562 4,6794 44664 4562.3 4551.9 4,7392 4,6965 4,7534 4,6935 45154 4,6345 4,612.1 45184

2

Gross domestic product

3,733.9 3,780.7 3,7815 3,7915 3519.2 3526.4 3545.0 3,7325 3,7265 35152 34994 35574 3,908.7 3,8484 3,7704 3,786.9 3,7634 3,769.0

3
4
5
6

3,691.9 3,752.7 3,743.4 3,752.7 3,775.5 3,781.1 3,804.9 3,689.9 3,690.9 3,780.0 3,852.1 3500.8 3,836.4 3,777.3 3,702.2 3,7212 3,699.3 3,700.9
3,333.5 3588.9 3,373.7 3,381.0 3,399.7 3,398.9 3,415.6 3295.0 3295.4 3,379.0 3,445.0 3,392.3 3,425.7 3,364.1 3,288.7 3,307.8 3,284.4 3286.6
396.4
416.4
352.7
357.7
364.9
3672
371.6
379.2
387.3
397.1
401.7
410.4
412.3
407.6
418.1
417.7
419.7
419.1
49.4
42.4
46.5
47.1
50.3
48.3
48.6
44.9
45.0
56.4
66.6
65.7
64.4
47.9
515
62.3
61.1
62.7

7

1704

1705

1714

172.9

175.2

1752

176.7

1774

179.9

1805

182.1

1824

1825

1844

185.7

1875

189.1

1894

8
9

10.7
157.7

10.4
158.6

9.9
1602

92
162.6

9.5
1645

9.0
165.1

8.6
167.3

8.4
168.4

8.1
171.3

8.1
172.3

8.1
173.6

7.8
174.0

7.7
174.7

7.6
176.7

7.6
178.0

7.7
179.8

7.6
181.5

7.5
182.4

General government

10

6505

6544

654.9

652.9

6525

656.7

6594

6624

662.1

659.7

6595

660.4

6634

6654

665.9

6672

6665

6664

Federal
State and local

11
12

247.9
402.9

246.6
407.7

245.9
409.1

245.2
407.8

245.0
407.4

244.2
412.8

245.1
414.5

247.8
415.0

247.7
414.6

246.1
413.8

247.5
412.4

247.9
412.6

248.8
4152

248.9
416.6

249.1
417.0

249.8
417.6

250.8
415.7

251.7
415.2

13

-12

-8.6

-45

-45

-22

-34

-7.7

-135

-164

-14.1

-63

-4.6

24

-2.2

-74

-74

-8.7

-6.9

Residual




Table 1.8.—Real Gross Domestic Product by Sector: Annual, 1929-94, and Quarterly, 1947-94—Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
1984

1983
1

III

II

IV

I

II

1985
IV

III

Business'
Nonfarm'
Nonfarm less housing
Housing ..
Farm
Households and institutions
Private households
Nonprofit institutions
General government2

1

4,883.0

4,763.6

4,849.0

4339.2

5,0533

5,132.9

5,1703

2

Grass domestic product

3,810.7

3,907.4

3,9893

4,0783

4,188.0

42613

4,2932

3
4
S
6

3,758.5
3,343.0
417.1
53.5

3,875.2
3,458.6
418.8
41.0

3,973.0
3,552.2
422.3
32.5

4,060.3
3,634.0
427.3
33.8

4,144.2
3,713.9
430.7
49.5

4,207.3
3,775.9
4312
56.3

4,2353
3,797.0
438.7
59.1

1

II

1986
III

IV

I

II

III

IV

52573

5,283.7

5359.6

5,3933

5,4603

5,4663

5,4963

5,526.8

4,3213

4,370.0

4390.3

4,4563

4,484.8

4344.6

4,545.0

4,5693

4392.7

4,260.3
3,811.9
449.4
61.9

4,305.9
3,856.5
450.0
64.0

4,325.0
3,878.2
449.1
64.9

4,382.9
3,930.3
452.8
71.6

4,417.1
3,961.7
455.6
67.0

4,478.2
4,020.5
457.5
66.2

4,483.6
4,024.5
459.1
62.1

4,504.5
4,044.0
460.4
65.3

4,530.0
4,0682
461.8
63.3

5,203.7

7

190.6

1913

192.9

194.0

1953

1963

197.4

199.7

2003

202.0

204.1

207.1

210.1

213.0

214.4

216.4

8
9

7.5
183.2

7.4
184.5

7.6
185.4

7.9
186.1

8.3
186.6

8.7
187.6

8.9
1882

9.0
190.4

8.8
191.3

8.7
193.2

8.6
195.4

8.7
198.4

8.8
2012

9.0
2033

9.1
205.1

92
207.2

668.2

6683

669.6

6682

6702

673.9

6783

681.3

6853

6903

6973

700.0

704.4

707.6

7113

7163

253.0
415.2

253.9
414.8

255.1
414.4

254.8
413.3

256.1
414.0

257.8
416.0

259.2
419.3

259.9
421.3

281.6
423.6

263.5
426.3

265.4
432.0

265.3
434.7

266.2
438.1

266.5
441.2

267.2
443.9

267.9
448.7

13

-9.5

-15.4

-203

-18.0

-63

-.6

-.1

-.1

13

13

33

22

23

.7

13

3

1

Residual

10
11
12

Federal
State and local

II

III

IV

1

»

1987

1989

1988

Line

IV

III

1990

1

1
1

11
1

IV

6,088.0

1

II

6,1523

6,1713

6,142.1

6379.0

III

IV

1

53613

5,618.0

5,667.4

5,7503

5,7853

53443

5,878.7

5,9523

6311.0

63553

2

4323.7

4,673.7

4,7143

4,7873

4313.9

4,8653

43923

4,956.6

5,0083

5346.1

5,071.7

5,071.4

5,1223

5,1343

5,0983

5,032.7

Nonfarm less housing
Housing
Farm

3
4
5
6

4,559.3
4,091.4
467.9
64.9

4,611.5
4,141.6
469.7
632

4,649.6
4,172.0
477.5
65.3

4,719.9
4,239.1
480.6
67.9

4,741.2
4,256.7
484.4
71.9

4,803.5
4,316.1
4873
63.6

4,842.2
4,350.2
491.8
54.2

4,920.7
4,420.1
500.5
43.1

4,945.8
4,442.3
503.3
64.3

4,979.4
4,473.9
505.4
67.7

5,007.3
4,495.1
512.0
65.9

5,007.0
4,500.3
506.6
65.8

5,055.1
4344.1
510.8
68.0

5,063.4
4,549.6
513.6
71.6

5,028.8
4,511.3
517.4
70.1

4,958.9
4,437.2
521.7
73.5

Households and institutions

7

2183

2213

2263

229.7

2343

2383

242.9

2463

249.5

2523

2543

2573

2593

262.7

2663

2673

8
9

9.0
2092

8.9
212.8

8.9
217.9

8.9
220.8

92
225.3

9.4
228.9

9.6
233.2

9.8
236.7

9.9
239.5

10.0
242.6

10.1
244.4

102
246.8

10.3
249.0

10.4
252.3

102
256.2

10.0
257.8

10

718.6

721.2

725.1

731.9

735.7

738.6

7423

7483

7513

7553

760.6

7643

7703

7733

776.7

7783

11
12

269.9
448.8

270.8
450.4

273.3
451.8

275.0
456.9

274.6
461.2

273.0
465.6

273.6
468.7

275.1
473.5

275.0
476.9

275.5
480.2

276.9
483.8

277.5
486.8

279.8
490.5

280.0
493.4

280.9
495.9

280.4
498.1

13

.7

.6

.7

1.4

2.0

.1

-23

-63

-.2

3

-2

-3

.1

.7

.1

3

Gross domestic product
Business'

Private households
Nonprofit institutions
2

General government
Federal
State and local
Residual

1992

1991

6,0933

1994

1993

I
Grass domestic product
Business1
Nonfarm'
Nonfarm less housing
Housing
Farm
Households and institutions
Private households .
Nonprofit institutions
General government2
Federal
State and local
Residual

II

III

IV

I

II

IV

1

1

6,0473

6,074.7

6,090.1

6,1053

6,175.7

6214.2

6,260.7

63271

6327.9

6359.9

63933

2

4,9953

5320.7

5338.2

5,051.6

5,119.0

5,156.7

5,1983

5263.1

5,2603

52873

53183

5,401.9

5,4473

5,520.7

5347.5

5,6063

3
4
5
6

4,924.9
4,401.7
523.2
70.4

4,947.2
4,423.1
524.1
73.6

4,967.9
4,440.3
527.7
70.3

4,979.5
4,447.4
532.2
72.2

5,039.7
4,508.4
531.3
79.3

5,075.3
4,542.4
532.9
81.4

5,115.8
4,545.7
570.1
82.8

5,184.4
4,645.9
538.5
78.7

5,186.7
4,640.5
546.2
74.0

5,213.4
4,672.5
541.0
74.7

5,257.1
4,716.5
540.6
61.0

5,327.6
4,787.1
540.6
74.4

5,361.7
4,799.8
561.9
86.3

5,435.8
4,881.5
554.4
85.4

5,461.6
4,897.1
564.5
86.4

5,524.8
4,954.9
569.8
81.9

III

IV

I

II

III

IV

6,476.9

63243

63003

63293

6,6883

7

269.0

271.6

272.8

274.9

2773

277.2

2793

282.0

284.6

289.4

2923

293.9

2943

296.9

298.8

301.0

A
9

9.5
259.5

9.4
262.2

9.4
263.4

9.5
265.4

9.9
267.4

10.1
267.1

10.1
269.6

10.3
271.7

10.3
274.2

10.4
279.0

10.3
282.2

10.3
283.6

10.3
284.6

10.3
286.6

10.4
288.4

10.5
290.5

10

783.7

7823

7793

7783

7793

7803

7823

782.0

782.7

7823

7823

7813

782.4

7833

7833

7813

11
12

284.9
498.9

282.3
500.2

279.4
499.9

277.5
501.5

275.8
503.5

275.0
505.3

274.0
508.4

272.7
509.3

271.3
511.4

269.2
513.4

267.0
515.5

263.5
517.8

262.5
519.9

259.8
523.2

257.6
526.0

253.8
527.8

13

-3

-.2

-.3

-3

A

-.8

-3

-.9

-3

-A

.1

1. Gross domestic business product equals gross domestic product less gross product of households and institudons and of general government Gross nonfarm product equals gross domestic business product less gross farm
product.
2. Equals compensation of general government employees plus general government consumption of fixed capital
as shown in table 3.8.




III

II

0

0

0

0

NOTE.—Chained (1992) dollar series are calculated as the product of the chain-type quantity index and the 1992
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the correajonding chained-dollar estimates are usually not additive.
The residual line is the difference between the first line and the sum of the most detailed lines,
Chain-type quantity indexes for the series in this table appear in table 7.14.

Table 1.9.—Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income: Annual,
1929-94, and Quarterly, 1946-94
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line

1929

1932

1931

1930

1935

1934

1933

1937

1936

1938

1939

1941

1940

1012

1942

1943

126.7

1615

1983

103*

58J6

562

65.9

73.1

915

915

1.0

.5

.4

.4

.5

.7

.7

.
6

.7

.7

.7

.3

Plus: Receipts of factor income from the rest of the
world.
Less: Payments of factor income to the rest of the
world.

91.1

1.1

Gross domestic product

.2

.2

.2

.3

.3

2

.2

.2

.3

863

92.3

101.6

127.2

162.1

198.7

9.2
7.9
6.3

9.1
7.8
6.4
-1.4
1.3

9.5

11.0

16.4

8.1
6.6

9.1
7.3

13.6
10.2
8.4

1045

Less: Consumption of lixed capital
Private
Capital consumption allowances
Less: Capital consumption adjustment
Government
General government
Government enterprises

91.8

9.6

Equals: Gross national product

9.4

8.8
7.0
-1.7

8.6
7.1
-1.5

76.4

583

56.5

66.1

735

8.8
8.0

7.7
7.0

7.4

7.7

7.0

6.6

6.6
6.2

6.8
6.0

7.7
6.7

-1.0
.
8

-.5
.7

-.4

-.8
.9

76.9

.8

.
8

.7
.1

.6
.1

.
8

.1

.2

95.0

82.4

68.1

512

49.2

583

7.1
.4

Less: Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of government
enterprises.

.7
.1

.7

.1

Equals: Net national product

.
8

.7

72
.4
-.5

7.1
.4

7.8
.4
.5
.4

1.0
0

0

.4
.8
.1

6.0
-.7

1.0
.8

.2
65.8

8.2

92.2
7.9
6.9
6.1

-.8
1.1
.9

.2

8.8
7.6

6.2
-1.4

1.2
1.0

2

-1.6
1.2
1.0
.
2

1.1
.
2

-1.5
1.4
1.2

-1.8

-1.8

1.9

2

.3

3.4
3.1
.3

1.6

77.2

76.0

.4
-.1
.5

8.7
.4
1.3
.2

9.2
.4

.1
.
2

83.2

92.1

116.2

1485

9.2
.3
.7
.4

9.4
.3
1.4
.7

10.1

11.4
.3
.5
.3

11.9
.4
-.9
.3

1375

.3

12
.

Equals: National Income

86.5

75.3

60.1

43.7

412

50.1

57.8

65.7

73.9

67.3

725

81.1

104.2

Less: Corporate profits with inventory valuation and
capital consumption adjustments.
Net interest
Contributions for social insurance
Wage accruals less disbursements
Plus: Personal interest income
Personal dividend income
Government transfer payments to persons ..
Business transfer payments to persons

10.3

7.0

2.5

-.6

-.5

2.1

3.6

5.8

6.6

4.5

6.1

9.4

14.9

4.6
.3

4.8
.3

4.8
.3

3.9
.3

3.9
.3

3.9
.4

3.7
.7

3.6
1.9

3.5

3.5

0

0

0

0

0

2.0
0

2.2
0

3.2
2.4

3.2

0

4.4
.3

6.8
5.8
.9
.4

6.3
5.5

6.3
4.1

2.1

.4

5.4
4.7
1.9
.4

5.2
3.2
2.4
.3

5.2
3.8
2.5
.3

5.2
4.0
2.7
.3

5.3
4.4

1.0

52
4.5
2.9
.4

Equals: Personal Income

853

68.4

725

785

102.8

85.2
85.6
76.7

90.5
90.9

100.0

Addenda:
Gross domestic income
Gross national income
Net domestic product

103.6
94.2

Line

1946

0

0

0

5.4

5.5

5.4

2.0

2.6
1.6

2.8

.4

5.9
2.5
1.4
.5

76.3

65.4

49.9

91.5
92.2

75.6
76.1
67.6

58.3
58.6
50.8

81.6
1947

1948

1949

.4

1.8
.4

463

53.7

60.4

55.7
56.0
48.9

65.4
65.7
58.2

73.3
73.6
65.4

1.5
.4

1950

82.3

82.6
75.7

91.7
92.1
83.0

82.8

0

100.4
91.7

2.8
0

20.0
3.1
3.5

0

10.2
8.9
-1.3

6.2
5.9
.3
182.4

12.8
.4

-1.8
.4

1715
24.4
2.7
4.6

.2

.3

5.1
4.3
2.7
.4

5.1
4.5
2.5
.4

96.0

1233

1515

126.1
126.6

162.5
163.0
148.1

200.1

2.6

115.7

1961

1962

339.7

358.6

379.7

3815

415.1

438.0

461.0

467.3

507.2

5265

5445

585.2

1951

1952

1953

1954

1955

1956

1957

1958

1959

200.5
181.9

1960

1
Plus: Receipts of factor income from the rest of the
world.
Less: Payments of factor income to the rest of the
world.

222.6

244.6

269.7

2675

294.6

2

1.1

1.6

2.0

1.9

2.2

2.8

2.9

2.9

3.1

3.5

4.0

4.3

3.9

4.3

5.0

5.4

6.1

3

.4

.4

.5

.6

.7

.8

.8

.9

.9

1.0

1.1

1.2

1.2

1.5

1.8

1.8

1.8

4

Less: Capital consumption adjustment

2235

2455

271.2

269.1

296.1

341.7

360.7

381.7

383.4

417.7

440.9

464.2

470.1

510.1

5295

548.4

589.4

5
6
7
8
9
10
11

23.8
12.7
8.8
-3.9
11.0
10.7
.3

26.3
15.7
10.9
-4.7
10.7
10.3
.4

28.3
18.5
13.0
-5.5
9.8
9.4
.4

29.1
20.2
15.0
-5.3
8.9
8.4
.5

29.9
21.8
16.6
-6.2
8.1
7.6
.5

33.8
25.1
19.1
-6.0
8.7
8.1
.6

36.2
26.7
21.0
-5.7
9.5
8.9
.6

38.5
28.2
23.4
-4.8
10.4
9.7
.7

40.5
29.4
25.7
-3.8
11.0
10.4
.7

42.8
31.2
28.7
-2.5
11.6
10.9
.7

47.1
34.5
31.3
-3.3
12.6
11.7
.8

50.8
37.5
33.9
-3.6
13.3
12.4
.9

52.5
38.9
35.5
-3.4
13.6
12.6
.9

54.6
40.5
37.8
-2.8
14.1
13.1
1.0

56.6
42.1
39.9
-22
14.5
13.5
1.0

58.1
43.1
41.6
-1.6
15.0
13.9
1.1

60.4
44.6
46.1
1.4
15.8
14.6
12

12

Plus: Subsidies less current surplus of government
enterprises.

1995

219.4

242.9

2405

266.2

3085

324.4

343.2

343.0

3745

393.7

413.4

417.6

4555

473.2

4903

529.0

13
14
15
16

172
.4
.9
1.1

18.6
.4
1.9
2

20.3
.4
-1.1
.3

21.5
.4
1.1
2

23.5
.5
1.1
.6

25.3
.7
3.1
.7

27.8
.8
1.9
.4

29.8
.9
3.0
.1

29.7
.8
2.6
-.1

32.3
.9
1.4
-.2

35.1
1.0
-2.6
.3

37.6
1.1
-1.7
.7

38.7
1.1
-.9
.9

41.9
1.4
-1.6
.1

45.5
1.4
-3.2
.3

48.1
1.5
-2.8
1.3

51.7
1.6
-1.8
1.5

17

Government transfer payments to persons

1822

198.7

223.6

217.2

241.7

2795

2945

309.6

309.8

340.1

3605

377.1

3795

413.9

4295

4445

479.0

16

172

23.3

30.6

28.3

35.0

40.0

38.0

38.2

37.4

47.9

46.7

46.3

41.6

52.9

51.4

52.5

60.5

19
20
21
22
23
24
25

1.8
7.7
0
6.6
5.6
10.8
.4

2.4
6.7
0
7.6
6.3
11.2
.4

2.4
6.0
0
8.1
7.0
10.6
.4

2.7
6.6
0
8.8
72
11.7
.4

3.0
7.4
0
9.7
8.8
14.4
.5

3.5
8.8
.1
10.5
8.6
11.6
.7

3.8
9.3
0
11.2
8.6
12.2
.8

4.5
9.6
-.1
12.7
8.9
13.1
.9

5.4
10.6
0
13.9
9.3
15.3
.8

6.1
12.0
0
15.3
10.6
16.4
.9

6.8
13.5
0
17.0
11.4
17.5
1.0

7.9
15.5
0
19.0
11.8
20.3
1.1

9.7
15.9
0
20.6
11.6
24.7
1.1

10.2
18.8
0
22.7
12.7
25.7
1.3

112
21.9
0
25.0
13.4
27.5
1.3

13.1
22.9
0
26.9
14.0
31.5
1.4

14.6
25.4
0
29.3
15.0
32.6
1.5

26

Less: Corporate profits with inventory valuation and
capital consumption adjustments.

179.0

1915

210.7

207.8

229.7

258.6

276.0

292.9

295.7

3173

340.5

359.6

3703

394.4

4125

4305

457.0

27
?R
29

221.7
222.5
198.8

242.7
243.9
218.3

270.9
272.4
241.4

266.6
268.0
238.6

2935
295.1
264.7

336.7
338.7
306.0

356.6
358.7
322.3

376.7
378.7
341.2

378.7
380.9
340.8

413.7
416.3
372.4

440.6
443.5
390.9

462.7
465.9
410.2

468.2
471.0
414.8

508.8
511.7
452.6

529.7
532.9
470.0

547.6
5512
486.7

587.0
591.2
524.8

Addenda:
Net domestic product




Table 1.9.—Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income: Annual,
1929-94, and Quarterly, 1946-94-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
Gross domestic product

1

1963
617.4

1964

719.1

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

8335

9104

9822

1435.6

1,125.4

1,237.3

1482.6

1,496.9

1,6304

1419.0

2,026.9

2291.4

2,5574

1967

1966

1965

663.0

787.8

1968

1969

Plus: Receipts of factor income from the rest of the

2

6.6

7.4

8.1

8.3

8.9

10.3

11.9

13.0

14.1

16.4

23.8

30.3

28 2

32.9

37.9

47.4

70.4

Less: Payments of factor income to the rest of the

3

2.1

2.4

2.7

3.1

3.4

4.1

5.8

6.6

6.4

7.7

11.1

14.6

14.9

15.7

17.2

25.3

37.5

4

621.9

668.0

7245

793.0

839.1

916.7

988.4

1,042.0

1,133.1

1,2464

1595.4

15125

1,6435

1536.1

2,047.5

2,3134

2,590.4

5
B
7
8
9
10
11

63.0
46.3
48.9
2.6
16.7
15.5
1.3

66.0
48.6
51.9
3.3
17.4
16.0
15

70.2
52.0
55.6
3.5
18.2
16.7
1.4

75.9
56.6
59.9
19.3
17.7
1.6

824
61.5
64.6
3.0
20.8
19.1
1.7

89.8
67.3
69.7
2.4
22.4
20.6
1.9

98.3
74.3
76.2
1.9
24.1
22.0
2.1

107.0
81.2
81.5
.3
25.8
23.5
2.3

116.5
88.9
87.5
-1.4
27.6
25.0
2.6

127.6
97.8
97.8
0
29.9
26.9
2.9

140.0
107.1
106.3
-.9
32.9
29.6
3.3

162.5
124.5
117.5
-7.1
38.0
34.0
4.0

188.7
146.3
128.7
-17.6
42.4
37.6
4.7

206.0
161.3
139.2
-22.1
44.7
39.6
5.2

228.6
181.0
157.9
-23.1
47.6
42.0
5.6

258.3
206.8
178.8
-28.0
51.5
45.2
6.2

296.7
239.9
204.7
-35.2
56.8
49.8
7.1

Equals: Net national product

12

559.0

602.1

6545

717.1

756.7

8274

8904

9354

14164

1,1184

1255.4

15504

1,455.2

1,6304

1,818.9

2,0552

2,2934

Less: Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of government

13
14
15
16

54.7
1.8
-3.0
.9

58.8
2.0
-1.5
1.4

62.7
22
-.8
1.7

65.4
2.3
3.3
30

70.4
2.5
1.3
2.9

79.0
2.8
.9
3.1

86.6
3.1
-1.5
3.6

94.3
3.2
1.9
4.9

103.6
3.4
6.1
5.1

111.4
3.9
4.3
6.4

121.0
45
3.4
5.9

129.3
5.0
5.5
4.5

140.0
52
12.1
8.1

151.6
6.5
19.9
7.4

165.5
7.3
18.2
10.1

177.8
8.2
18.1
11.1

188.7
9.9
28.2
11.7

Equals: National Income

17

506.3

544.1

5925

648.9

6855

7475

805.4

840.6

9084

1,0054

1,1324

1,214.9

1405.9

1,459.4

1,638.0

15624

2,0784

Less: Corporate profits with inventory valuation and
capital consumption adjustments.

18

66.3

73.3

84.1

89.8

87.4

942

90.9

78.7

92.0

106.7

120.1

1092

1282

154.9

184.3

209.0

213.1

19
20
?1
23
24
25

16.1
28.5
0
32.4
16.1
34.5
1.7

182
30.1
0
36.1
18.0
36.0
1.8

21.1
31.6
0
40.3
20.2
39.1
2.0

24.3
40.6
0
44.9
20.9
43.6
2.1

28.1
45.5
0
49.5
22.1
52.3
2.3

30.4
50.4
0
54.6
24.5
60.6
2.5

33.6
57.8
0
60.8
25.1
67.5
2.8

40.0
62.0
0
69.2
23.5
81.8
2.8

45.4
69.6
.6
75.7
23.5
97.0
3.0

49.3
79.5
0
81.8
25.5
108.4
3.4

56.5
97.9
-.1
94.1
27.7
124.1
3.8

71.8
111.7
-.5
112.4
29.6
147.4
4.0

80.0
121.1
.1
123.0
29.2
185.7
45

85.1
137.7
.1
134.6
35.0
202.8
55

100.7
155.4
.1
155.7
39.5
217.5
5.9

120.5
177.0
.3
184.5
44.3
234.8
6.8

150.3
204.2
-.2
223.6
50.5
262.8
7.9

26

480.0

5145

556.7

605.7

650.7

7144

7795

837.1

900.2

988.8

1,1075

12155

1,319.0

1,459.4

1,616.1

1425.9

2455.8

?7

620.4
624.9
554.4

6645
669.5
597.0

719.9
725.3
648.9

784.5
789.6
711.9

832.3
837.8
751.3

909.7
915.8
820.8

983.7
989.8
883.9

1,033.8
1,0402
928.6

1,119.3
1,127.0
1,008.9

1233.0
1241.7
1,109.6

1,3792
1,392.0
1242.6

1,491.4
1,507.1
1,334.3

1,618.5
1,831.7
1,442.0

1,799.1
1,8162
1,612.9

2,008.6
2,029.3
1,798.3

2,273.3
2295.4
2,033.1

2,529.3
2,5622
2,260.7

Equals: Gross national product

Capital consumption allowances
Less: Capital consumption adjustment
General government
Government enterprises

Contributions lor social insurance
Wage accruals less disbursements
Personal dividend income
Government transfer payments to persons
Business transfer payments to persons
Equals: Personal Income
Addenda:

??

?a

32

Net domestic product

29

Line

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

Gross domestic product

1

2,784.2

3,115.9

3242.1

35144

3,902.4

4,180.7

4,4222

4,6925

5,0495

5,438.7

5,7434

5,916.7

6,244.4

6558.1

6,9474

Plus: Receipts ol factor income from the rest ol the

2

81.8

95.6

96.9

97.8

118.7

108.1

106.5

116.0

144.7

169.0

177.5

158.2

137.9

150.8

176.5

107.1

131.7

154.8

156.4

140.5

126.8

132.1

168.3

5,7644

5,932.4

62555

Less: Payments of factor income to the rest of the

3

46.5

60.9

65.8

65.6

87.6

87.7

93.6

Equals: Gross national product

4

2519.5

3,150.6

3,273.2

3,546.5

35334

42014

4,435.1

4,701.3

55624

5,452.8

6,5765

6555.2

Less: Consumption of fixed capital

5
6
7
8
9
10
11

339.4
276.0
232.5
-43.5
63.4
55.2
8.1

388.5
318.0
287.1
-31.0
70.4
61.2
9.2

424.3
3462
325.9
-20.3
78.1
66.1
12.0

445.3
365.2
369.3
4.1
80.1
69.5
10.6

461.5
378.4
412.3
33.9
83.1
70.6
12.5

486.6
399.5
462.4
62.9
87.1
75.3
11.9

517.9
424.4
478.0
53.6
935
80.8
12.6

5455
447.0
4965
49.2
98.7
85.3
13,4

5822
478.0
522.9
44.9
104.2
895
14.4

625.4
515.1
547.7
32.6
110.3
94.8
15.6

651.5
534.3
547.0
12.7
117.3
100.9
163

679.9
556.4
557.1
.7
123.5
106.4
17.1

713.5
585.4
575.4
-10.0
128.2
110.2
18.0

727.9
594.5
599.1
4.6
133.4
114.3
19.1

777.5
638.6
647.3
8.7
138.8
118.2
20.6

Equals: Net national product

12

2,480.1

2,762.1

2,848.9

3,1014

3,4724

3,7145

3,917.2

4,1565

44805

4527.4

5,1134

5252.5

5542.0

5,848.9

6,177.7

Less: Indirect business tax and nontax liability

13
14
15
16

212.0
112
27.6
15.2

249.3
13.4
14.9
16.9

256.4
152
-2.5
21.1

280.1
16.2
37.1
25.6

309.5
18.6
5.0
25.5

329.6
20.9
2.4
21.9

344.7
23.9
23.3
25.1

364.8
24.2
-15.4
31.0

385.5
25.4
-47.3
28.5

414.7
26.3
13.2
24.2

442.6
26.5
17.4
25.3

478.1
26.3
10.1
23.6

505.6
28.4
44.8
27.1

532.5
282
52.6
31.1

568.5
305
14.6
26.6

Equals: National income

17

22444

24014

24005

2,7935

3,164.4

3583.4

3550.3

3,8134

4,1454

45974

4,652.1

4,7615

4,9904

5,2665

5490.7

Less: Corporate profits with inventory valuation and
capital consumption adjustments.

18

188.3

207.0

182.3

235.2

290.1

304.0

293.8

333.2

382.1

380.0

397.1

411.3

428.0

492.8

570.5

19
?0
?1

234.5
261.6
.1
337.2
67.2
355.7
10.2

264.9
280.6
0
3792
66.9
396.3
115

275.9
301.9
-.4
403.2
77.4
426.6
12.8

318.5
345.5
.2
472.3
79.4
438.5
15.1

3372
375.9
-2
508.4
88.3
468.7
17.8

363.1
402.0
0
543.3
105.1
498.0
20.7

372.2
423.3
0
560.0
101.1
522.5
20.8

398.9
462.8
0
595.5
109.9
5564
205

456.6
491.2
0
674.5
130.9
604.9
21.1

467.3
518.5
.1
704.4
142.9
6665
21.3

448.0
543.5
-.1
6992
153.6
749.1
20.8

414.3
571.4
-15.8
667.2
159.4
835.7
22.5

402.5
596.0
4.4
651.0
185.3
889.8
22.1

412.3
6305
13.3
668.1
204.8
930.9
23.7

25684

2,7272

24005

32154

3,4494

3,658.4

3,888.7

4,184.6

4501.0

45042

4581.6

52772

5,519.2

5,7914

5,425.4
5,439.6
4,813.2

5,726.4
5,747.5
5,092.3

5,906.6
5,922.3
5236.8

6,199.7
6210.7
5,530.9

6,505.5
6,5242
5,8302

6,932.4
6,940.6
6,169.5

Capital consumption allowances
Less: Capital consumption adjustment
General government
Government enterprises

Plus: Subsidies less current surplus of government
enterprises.

Contributions lor social insurance
Wage accruals less disbursements
Plus: Personal interest income
Personal dividend income
Government transfer payments to persons
Business transfer payments to persons

?4
25

191.9
225.0
0
274.7
57.5
312.6
8.8

Equals: Personal Income

26

2293.0

Addenda:
Gross domestic income
Net domestic product




??

n

27
?8
29

2,756.6
2,791.9
2,444.9

3,101.0
3,135.7
2,727.4

3244.6
3275.7
25175

3,477.4
3,509.4
3,069.2

3,8975
3,928.5
3,441.0

4,178.3
4,198.7
3,694.1

4,398.9
4,411.8
3,904.3

4,707.8
4,716.7
4,146.6

5,096.9
5,110.0
4,467.4

Table 1.9.—Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income: Annual,
1929-94, and Quarterly, 1946-94-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates)

1

IV

III

II

1

III

II

1949

1948

1947

1946
Line

IV

II

1

III

II

I

IV

1950
III

IV

I

II

240.9

245.1

2554

2604

2675

274.4

2754

2705

266.7

268.1

265.7

276.0

2853

Gross domestic product

1

210.4

218.5

228.6

232.8

237.4

Plus: Receipts of factor income from the rest of the

2

1.0

1.0

1.1

12

1.4

1.6

1.6

1.8

1.9

2.0

2.1

2.0

2.1

2.0

1.9

1.8

1.9

2.0

Less: Payments of factor income to the rest of the

3

.3

.4

.4

.4

.4

.4

.4

.5

.5

.5

.6

5

.6

.6

.6

.6

.6

.7

Equals: Gross national product

4

211.1

219.2

229.4

233.6

238.5

242.0

2463

256.2

2623

269.4

276.0

2773

272.0

268.1

269.4

266.9

2773

286.7

5

7
8
9
10
11

22.6
11.6
8.5
-3.1
11.0
10.7
.3

23.3
12.3
8.6
-3.7
11.0
10.7
.3

24.2
13.1
8.9
-4.2
11.0
10.7
.3

25.0
13.9
9.3
-4.6
11.1
10.7
.3

25.7
14.6
9.9
-4.7
11.1
10.7
.4

26.0
15.3
10.8
-4.6
10.7
10.3
.4

26.6
16.0
112
-4.8
10.6
10.2
.4

27.1
16.7
113
-4.9
10.4
10.0
.4

27.4
17.3
12.3
-4.9
10.1
9.7
.4

27.9
18.0
12.7
-5.3
9.9
9.4
.4

28.8
19.0
13.2
-5.8
9.8
9.4
.4

29.3
19.7
13.8
-5.9
9.6
9.1
.5

29.4
19.9
14.4
-5.5
9.5
9.0
.5

29.2
202
14.8
-5.4
9.1
8.6
.5

29.0
20.3
15.2
-5.2
8.7
8.2
.5

28.9
20.5
15.6
-5.0
8.4
8.0
.5

28.9
20.8
16.0
-4.7
8.1
7.7
.5

29.3
21.3
16.3
-5.1
8.0
7.5
.5

Equals: Net national product

12

188.5

195.9

205.2

208.7

212.6

216.0

219.7

2292

2343

2415

2472

248.1

242.7

238.9

240.4

237.9

248.4

257.4

Less: Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of government

13
14
15
16

16.5
.4
1.8
2.0

17.0
.4
1.2
1.6

17.6
.4
1.3
.5

173
.4
-.8
.4

18.1
.4

2
3

182
.4
2.1
2

18.5
.4
2.2
.1

19.5
.4
3.1
.1

19.5
.4
-.5
.1

20.2
.4
-2.0
0

20.6
.4
-.7
.3

20.8
.5
-1.3
.6

20.9
.4
0
.3

21.4
.4
.5
.1

21.8
.4
1.7
.3

21.8
.4
2.3
.2

22.1
.5
3.5
.4

23.0
.5
1.1
.5

Equals: National Income

17

171.8

179.0

186.5

191.7

194.4

195.5

1984

2062

2154

222.9

227.2

228.7

221.6

216.7

216.7

213.6

2224

233.4

Less: Corporate profits with inventory valuation and
capital consumption adjustments.

18

13.9

16.8

17.8

20.3

20.3

23.7

23.7

25.4

29.4

31.0

302

31.6

30.2

27.9

29.1

25.8

29.3

32.9

19
20
21

1.8
8.2
-.9
6.6
5.5
11.0
.4

1.8
7.9
0
6.8
5.7
10.6
.4

1.9
7.1
0
6.9
6.1
9.9
.4

2.4
7.5
0
7.5
6.0
10.1
.4

2.4
7.1
0
7.6
6.3
9.9
.4

2.4
6.3
0
7.6
6.5
13.8
.4

2.3
6.0
0
7.7
6.5
10.9
.4

2.5
6.1
.1
8.0
7.0
11.0
.4

2.4
5.9
.1
6.1
6.7
10.8
.4

2.4
6.0
-2
8.1
7.1
10.5
.4

2.4
6.0
.1
8.2
7.3
10.2
.5

2.6
6.6
.1
8.5
72
10.9
.4

2.7
6.7
-.3
8.7
72
11.6
.4

2.7
6.5
0
8.8
7.1
12.1
.4

2.7
6.3
0
9.0
7.4
12.3
.4

2.9
7.2
0
9.3
8.3
20.7
.5

3.0
7.2
0
9.6
8.4
14.3
.5

fi
Capital consumption allowances
Less: Capital consumption adjustment
General government
Government enterprises

Contributions for social insurance
Wage accruals less disbursements
Plus: Personal interest income
Personal dividend inoome
Government transfer payments to persons
Business transfer payments to persons

24
25

1.7
7.7
.8
6.3
5.1
11.8
.4

Equals: Personal income

26

171.4

176.6

182.5

185.8

1882

1865

1945

1984

2033

2093

2144

2145

209.0

207.6

2064

208.0

222.2

2234

Addenda:
Gross domestic income
Gross national income
Net domestic product

?7
?8
29

208.6
209.3
187.8

217.4
218.1
195.2

227.3
228.1
204.5

233.5
234.4
207.8

237.2
238.2
211.8

238.8
239.9
214.9

242.9
244.1
218.5

251.9
253.2
227.9

261.3
262.8
233.4

269.9
271.4
240.0

275.1
276.7
245.6

277.1
278.6
246.6

270.6
272.0
241.2

266.2
267.6
237.5

266.3
267.7
239.1

263.4
264.6
236.7

272.5
273.8
247.1

284.2
285.6
256.0

??

1953

1952

1951

1950
Line
III

I

IV

II

IV

III

1

II

IV

III

1

II

1954
IV

III

I

II

III

IV

1

3024

314.4

3295

337.1

344.0

348.4

351.7

3524

358.7

371.4

3785

382.1

331.6

376.6

376.4

376.9

381.7

390.1

2.4

2.4

2.4

2.8

2.9

3.0

2.8

2.9

2.9

2.9

2.8

3.0

2.8

2.8

3.0

3.0

3.0

3.3

.7

.7

.8

.8

.8

.8

.7

.8

.8

.8

.8

.8

.9

.9

.9

.9

.9

.9

3044

316.1

331.1

339.1

346.1

350.7

3533

354.6

3604

3735

3805

3843

3835

3785

378.4

379.0

3834

3925

5
6
7
8
»
10
11

Less: Capital consumption adjustment ....

2
3
4

Plus: Receipts of factor income from the rest of the
world.
Less: Payments of factor income to the rest of the
world.

30.2
22.2
16.9
-5.3
8.0
7.5
5

31.4
23.1
17.3
-5.8
8.3
7.8
5

32.7
24.2
18.0
-62
85
7.9
.5

33.5
24.9
18.8
-8.1
8.6
8.0
.6

34.1
25.3
19.4
-5.9
8.7
82
.6

34.8
25.9
20.1
-5.8
8.9
8.4
.6

35.4
26.3
20.4
-6.9
9.1
8.5
.6

36.0
26.6
20.8
-5.9
9.3
8.7
.6

36.5
263
21.2
-5.6
9.7
9.0
.6

37.0
27.1
21.7
-5.4
9.9
9.3
.6

37.6
27.5
22.3
-52
10.1
9.5
.6

38.4
28.0
23.0
-6.0
10.4
9.7
.6

39.0
28.6
23.8
-4.8
10.4
9.7
.7

39.2
28.7
24.6
-4.1
10.6
9.9
.7

39.5
28.8
24.8
-4.0
10.7
10.0
.7

40.4
29.4
25.4
-4.0
11.0
10.3
.7

40.8
29.7
25.9
-3.8
11.1
10.4
.7

41.3
29.9
26.6
-3.3
11.3
10.6
.7

12

Less: Corporate profits with inventory valuation and
capital consumption adjustments.

284.7

298.4

3054

3124

3154

318.4

3184

3243

336.4

3424

345.9

3445

339.4

3383

333.6

343.0

3512

24.9
.5
.3
5

24.0
.6
-.5
3

25.7
.6
1.9
.8

24.7
.6
3.7
3

25.1
.7
4.4
5

26.0
.7
22
.7

26.7
.7
2.8
.4

27.6
.8
1.5
.4

28.0
.8
1.3
.4

28.8
.8
23

3

29.4
.9
2.6
3

29.9
.9
2.5
0

30.0
.9
2.5
2

29.9
.9
4.3
-2

29.4
.8
2.6
-.3

29.6
.7
2.6
2

29.5
.7
3.2
-.1

30.1
.7
1.8
-.3

17

Plus: Subsidies less current surplus of government
enterprises.

2743

13
14
15
16

249.1

2615

271.1

2775

2823

2874

2884

2392

2944

3043

3103

312.7

3113

3044

305.7

305.9

309.4

3183

18

37.5

40.5

39.3

39.4

40.1

41.3

38.6

365

36.3

40.5

412

40.3

39.1

322

34.6

35.8

37.7

41.3

3.6
8.8
.8
10.6
8.6
114
.7

3.6
9.0
-.6
10.7
8.8
11.8
.7

3.7
9.3
.1
103
82
11.6
.7

3.8
93
.1
11.0
8.7
11.8
.8

3.9
9.3
-.3
11.3
8.6
12.6
.8

4.0
95
0
11.7
8.8
124
.8

4.3
9.6
0
12.1
8.4
12.8
.9

4.4
9.7
-.1
12.5
9.2
12.8
.9

4.5
9.5
-.1
12.7
9.0
13.1
.9

4.9
9.4
-.1
13.3
8.9
13.6
.9

5.1
105
0
13.6
9.4
14.4
.8

5.3
10.5
0
13.8
8.9
15.1
.7

5.5
10.7
0
14.0
9.3
15.5
.7

5.7
10.8
0
14.3
9.6
162
.7

3.0
7.5
0
9.9
93
112
5

3.1
7.9
.1
10.0
9.6
11.4
.6

3.3
8.7
3
10.3
8.4
11.4
.6

26

Government transfer payments to persons

19
20
21
22
23
24
25

3.5
6.8
-.1
10.4
8.7
11.6
.6

2314

2415

2502

2573

2604

2662

2683

2715

2784

2844

2894

2933

294.1

294.1

293.7

2924

295.2

3012

27
28
29

302.5
304.2
272.6

314.9
316.6
283.0

327.6
3292
296.8

333.4
335.4
303.7

339.5
341.6
309.9

3462
348.4
313.6

348.9
351.0
3163

351.0
353.1
316.5

357.3
359.4
3222

369.2
371.3
334.4

375.9
377.9
3404

379.6
3813
343.7

379.0
380.9
342.6

372.3
374.2
337.4

373.7
375.8
336.8

374.3
376.4
336.6

378.5
380.6
340.9

388.3
390.7
348.8

Addenda:




Table 1.9.—Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income: Annual,
1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates)

III

II

1

IV

II

I

1958

1957

1956

1955
Line

IV

III

III

II

I

IV

1

1959
IV

III

II

1

II

1
Pius: Receipts of factor income from the rest of the
world.
Less: Payments of factor income to the rest of the
world.

402.9

411.3

419.8

426.4

429.0

434.7

439.6

4483

457.2

459.0

466.4

461.6

454.0

4583

471.8

485.2

4963

5093

2

3.4

3.5

3.6

3.7

4.0

4.0

4.1

3.8

4.3

4.6

4.5

3.8

3.9

3.9

3.9

4.0

4.0

4.1

3

.9

1.0

1.0

1.0

1.1

1.0

1.1

1.1

1.1

1.1

12

12

1.2

1.1

1.2

1.3

1.3

1.4

4

Less: Corporate profits with inventory valuation and
capital consumption adjustments.

422.4

429.0

432.0

437.6

4423

451.1

460.4

462.4

469.7

4643

4563

461.2

4743

487.9

499.0

5123

42.1
30.7
28.1
-2.6
11.4
10.7
.7

43.2
31.5
29.5
-2.0
11.7
11.0
.7

44.2
32.3
29.9
-2.4
11.9
11.2
.8

45.5
33.2
30.7
-2.5
12.3
11.5
.8

46.5
34.1
31.1
-3.0
12.5
11.6
.8

47.7
35.1
31.4
-3.7
12.7
11.8
.8

48.7
35.9
31.9
-4.0
12.8
12.0
.8

49.6
36.5
32.7
-3.8
13.1
12.3
.9

503
37.1
33.5
-3.6
13.3
12.4
.9

512
37.8
34.4
-3.4
13.4
12.5
.9

52.1
38.6
35.1
-3.5
13.5
12.6
.9

51.9
38.5
35.2
-3.3
133
12.4
.9

52.5
39.0
35.1
-3.9
13.5
12.5
.9

52.8
39.2
35.6
-3.6
13.6
12.7
1.0

52.9
39.0
36.1
-2.9
13.8
12.8
1.0

54.6
40.7
36.8
-3.9
13.9
12.9
1.0

54.5
40.5
37.7
-2.8
14.0
13.0
1.0

363.9

371.7

379.2

3843

386.5

391.1

3943

4023

410.8

412.1

4183

412 2

404.9

408.7

421.7

435.0

444.4

4573

13
14
15
16

31.1
.8
2.7
-.2

32.0
.9
1.0
-.1

32.7
.9
1.5
-.4

33.3
1.0
.4
-.2

33.9
1.0
-1.2
-.1

34.5
1.0
-2.7
.2

35.5
1.0
-3.1
.5

36.6
1.0
-3.4
.8

37.1
1.0
-1.6
.8

37.5
1.1
-2.8
.8

38.0
1.1
-.8
.6

37.7
1.1
-1.4
.5

37.8
1.1
-3.0
.6

38.3
1.1
-.9
3

38.8
1.1
.8
1.0

40.0
1.1
-.5
1.2

40.6
1.3
-2.1
.2

41.1
1.4
-3.2
0

17

Plus: Subsidies less current surplus of government
enterprises.

413.8

41.6
30.2
27.4
-2.9
11.3
10.6
.7

12

Less: Capital consumption adjustment . ..

405.5

5
6
7
8
9
10
11

329.2

337.7

343.7

350.0

352.7

3583

3623

369.1

375.1

377.1

380.9

3753

369.7

370.9

382.0

395.6

404.9

4183

18

46.5

47.7

48.2

49.2

47.1

47.0

46.1

46.7

48.4

47.4

46.7

42.7

37.6

38.1

42.3

48.5

51.1

56.6

82
15.6
0
19.8
11.7
21.8
1.1

9.0
15.6
.6
20.0
11.6
23.2
1.1

9.5
15.7
.6
202
11.7
25.0
1.1

9.9
16.2
-1.3
20.9
11.7
25.5
1.1

10.3
16.2
0
21.5
11.4
25.1
1.1

10.1
18.5
0
21.6
12.2
25.3
1.2

10.2
18.8
0
22.2
12.6
25.3
1.3

Addenda:
Net domestic product

5.9
11.6
.1
14.6
10.1
16.1
.8

6.1
11.8
.5
15.0
10.2
16.4
.9

6.3
12.3
-.6
15.6
10.9
16.6
.9

6.2
12.4
0
15.9
11.0
16.6
1.0

6.5
13.0
0
16.3
11.3
17.0
1.0

6.8
13.3
0
16.9
11.3
17.3
1.0

6.9
13.7
0
17.2
11.3
17.8
1.0

6.8
14.0
0
17.7
11.8
18.0
1.0

7.5
15.3
0
18.2
11.7
18.9
1.0

7.8
15.4
0
18.8
11.9
20.2
1.1

28

Government transfer payments to persons

19
20
21
22
23
24
25

8.2
15.7
0
19.4
12.0
20.4
1.1

306.8

314.1

321.5

326.7

331.7

338.0

342.6

3493

3533

3583

363.2

363.1

3623

365.0

374.0

379.7

3853

394.1

27
28
29

400.3
402.8
361.4

410.3
412.8
369.2

418.4
420.9
376.7

426.0
428.6
382.2

4302
433.2
383.6

437.4
440.3
388.2

442.7
445.7
391.9

451.9
454.6
399.8

458.8
462.0
407.6

461.8
465.3
408.6

467.2
470.5
415.2

463.0
465.7
409.5

457.1
459.8
402.2

4592
462.0
405.9

471.0
473.7
419.0

485.7
488.3
432.3

498.4
501.1
441.7

512.5
515.2
454.8

III

IV

1

III

II

1962

1961

1960

1959
Line

IV

1

II

III

IV

I

1963
III

II

IV

II

I

III

Plus: Receipts of factor income from the rest of the
world.
Less: Payments of factor income to the rest of the
world.

509.6

513.8

527.3

526.1

529.0

5233

526.1

538.9

5493

562.6

5753

5823

589.9

592.9

602.2

610.9

2

4.5

4.8

4.8

4.9

5.0

5.1

5.4

5.2

5.4

5.6

5.5

5.9

6.0

6.7

6.5

6.5

6.7

6.9

1.8

1.7

1.7

1.7

1.8

1.9

1.8

1.8

1.9

1.9

1.9

2.0

2.1

2.2

3

1.5

1.6

1.8

1.8

623.7

IV

1

632.8

4

Less: Capital consumption adjustment . .

5126

516.9

530.3

529.2

532.2

5273

5313

542.4

5532

5663

579.0

586.9

594.1

597.7

6063

6153

6282

6373

5
6
7
8
9
10
11

54.5
40.4
37.9
-2.5
14.1
13.1
1.0

54.8
40.6
38.5
-2.0
14.2
13.2
1.0

55.8
41.5
39.2
-2.2
14.3
13.3
1.0

56.4
41.9
39.6
-2.3
14.4
13.4
1.0

56.9
42.3
40.1
-2.2
14.6
13.6
1.1

57.2
42.5
40.4
-2.1
14.7
13.6
1.1

57.4
42.6
40.9
-1.7
14.8
13.7
1.1

57.8
43.0
41.5
-1.5
14.9
13.8
1.1

58.3
43.3
41.8
-1.5
15.0
13.9
1.1

58.8
43.6
42.1
-1.5
152
14.1
1.1

59.5
44.0
45.2
1.2
15.4
14.3
1.1

60.0
44.4
45.7
1.3
15.6
14.4
1.2

60.8
44.8
46.4
1.5
15.9
14.7
1.2

61.5
45.2
46.9
1.7
162
15.0
1.2

62.1
45.6
47.5
1.9
16.4
15.2
12

62.7
46.0
48.6
2.5
16.7
15.4
1.2

63.2
46.4
492
2.8
16.8
15.5
1.3

63.9
47.0
50.2
3.2
17.0
15.7
1.3

12

Less: Corporate profits with inventory valuation and
capital consumption adjustments.

462.1

474.5

472.8

4752

470.1

474.4

484.6

494.9

5073

519.6

526.9

5333

5363

544.7

552.6

565.0

573.6

42.5
1.4
.3
.1

43.3
1.4
-12
0

44.5
1.4
-1.5
.1

45.3
1.4
-3.3
.3

45.8
1.4
-5.0
.3

46.3
1.4
-5.8
.4

46.8
1.4
-3.1
.9

47.6
1.5
-2.6
1.3

48.5
1.5
-2.0
1.5

49.6
1.5
-3.4
1.4

50.7
1.6
-1.0
1.4

51.2
1.6
-.5
1.6

52.2
1.6
-.6
1.4

52.6
1.6
-5.1
1.4

53.3
1.8
-3.0
.8

54.3
1.8
-43
.9

55.3
1.8
-1.1
1.0

56.1
1.8
-3.0
1.0

17

Plus: Subsidies less current surplus of government
enterprises.

458.0

13
14
15
16

414.0

418.6

430.1

429.9

430.4

428.6

430.1

4393

448.4

4612

469.7

476.2

4813

488.4

493.4

502.2

510.0

519.6

18

51.6

52.1

55.6

51.5

50.5

48.1

472

51.5

53.7

57.5

59.9

59.2

60.3

62.6

62.7

66.1

67.4

68.9
16.9
29.2
0
33.9
16.6
35.0
1.7

10.2
18.8
0
22.9
12.9
25.7
1.3

10.4
19.0
0
23.8
13.1
26.4
1.3

10.8
21.7
0
24.8
13.3
26.3
1.3

10.7
21.8
0
24.8
13.3
27.0
1.3

11.3
22.1
0
25.1
13.6
27.8
1.3

11.8
22.0
0
25.5
13.5
28.9
U

12.2
22.5
0
25.8
13.6
30.7
1.3

12.9
22.8
0
26.5
13.7
31.7
1.4

13.4
23.0
0
27.2
14.0
31.9
1.4

14.1
23.3
0
28.0
14.6
31.5
1.4

13.6
25.0
0
27.8
14.6
32.1
1.5

14.5
25.3
0
28.9
15.1
32.1
1.5

14.9
25.5
0
30.0
15.2
32.6
1.5

15.3
25.7
0
30.8
15.3
33.3
1.5

15.3
27.9
0
31.0
15.6
34.8
1.6

15.7
28.3
0
31.7
16.0
34.0
1.6

16.4
28.7
0
32.8
16.2
34.3
1.6

?fi

396.1

401.7

407.6

4122

414.4

4153

419.7

425.6

4323

441.7

447.2

454.9

4603

465.7

4703

475.4

4823

491.8

27
?8
29

509.3
512.2
455.1

515.0
518.1
459.0

5286
531.8
471.5

529.4
5325
469.7

531.0
534.3
472.1

529.7
5332
466.7

5312
534.9
470.7

541.6
545.1
481.1

551.6
555.2
491.3

566.1
569.8
503.8

576.3
580.0
515.8

583.3
587.4
522.8

590.6
594.7
529.1

598.0
602.8
531.4

6052
609.7
540.1

615.7
620.1
5482

624.8
629.3
560.5

635.8
640.5
568.9

19
20
21

??
Government transfer payments to persons

Addenda:
Net domestic product




23
24

Table 1.9.—Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income: Annual,
1929-94, and Quarterly, 1946-94-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

II

1

I

IV

III

III

II

1

IV

III

II

191
58

1967

1966

1965

1964
Line

II

I

IV

III

IV

1

II

Groat domestic product

1

649.4

858.4

6692

675.1

6955

708.2

7255

747.7

7705

780.0

7935

807.1

8175

8233

8385

854.7

8805

904.9

Plus: Receipts of factor income from tie rest of the
world.
Less: Payments of factor income to the rest of the
world.

2

7.4

7.3

7.5

7.3

8.1

8.4

8.1

7.7

8.0

8.1

8.3

8.7

8.6

8.5

9.1

9.2

9.7

102

3

2.3

2.3

2.4

2.5

2.5

2.6

2.7

2.8

2.9

3.0

3.2

3.3

3.3

3.3

3.3

3.6

3.8

4.1

Equals: Gross national product

4

6545

663.4

6743

679.9

7012

7135

7304

7525

775.6

7852

798.6

8125

8225

828.4

844.7

860.4

886.4

911.0

Less: Consumption of Fixed capital
Private
Capital consumption allowances
Less: Capital consumption adjustment
Government
General government
Government enterprises

5
6
7
8
9
10
11

645
47.4
51.0
3.6
17.1
15.8
13

65.5
48.2
51.4
3.2
17.3
16.0
13

66.3
48.9
52.4
3.5
17.4
16.1
1.3

67.6
49.9
52.9
3.0
17.6
16.3
1.4

68.4
50.6
54.0
3.4
17.8
16.4
1.4

69.6
51.5
55.0
35
18.1
16.6
1.4

70.7
52.3
56.3
3.9
18.3
16.9
1.4

72.2
53.7
56.9
3.3
18.5
17.1
1.5

73.2
545
58.1
3.6
18.7
17.2
1.5

75.2
56.1
59.3
3.1
19.1
17.6
1.5

76.7
57.2
60.4
32
19.5
17.9
1.6

78.5
58.7
61.7
3.0
19.8
18.2
1.6

79.9
59.7
62.6
2.9
20.2
18.6
1.6

81.4
60.8
63.8
3.0
20.6
18.9
1.7

83.0
62.0
65.3
3.3
21.0
19.3
1.7

84.9
63.5
66.6
3.0
21.4
19.7
1.8

86.9
65.0
67.7
2.8
21.9
20.1
1.8

88.7
66.4
69.0
25
222
20.4
1.8

Equals: Nat national product

12

590.0

597.9

608.0

6124

632.7

6444

6593

6804

702.3

7095

722.0

734.0

742.9

747.1

7615

775.4

7995

8223

13
14
15
16

57.0
1.9
14
1.4

58.1
2.0
-.1
1.5

59.6
2.0
-1.8
1.6

60.6
2.1
-5.6
1.2

62.1
22
-3.2
1.6

62.3
2.2
-3.2
1.5

62.5
2.2
.8
1.7

63.8
2.2
2.3
2.0

63.5
2.3
5.1
2.4

65.0
2.3
2.9
2.9

66.0
2.4
3.1
3.3

67.2
2.4
2.1
3.3

67.9
2.4
4.6
3.1

69.2
2.5
1.6
2.8

71.3
2.5
.2
2.8

73.2
2.6
-1.5
3.0

75.9
2.6
2.2
2.9

78.0
2.8
4.1
3.1

Equals: National Income

17

531.1

5393

549.7

5564

573.2

5845

5965

614.1

633.9

642.6

653.7

665.6

671.0

6765

690.4

704.1

7215

740.4

Less: Corporate profits with inventory valuation and
capital consumption adjustments.
Net interest
Contributions for social insurance
Wage accruals less disbursements
Plus: Personal interest income
Personal dividend income
Government transfer payments to persons .
Business transfer payments to persons

18

73.1

73.0

74.1

73.0

81.0

83.1

842

88.2

91.4

90.1

88.4

89.5

86.8

85.7

87.0

90.1

91.2

94.8

19
20
21
22
23
24
25

17.4
29.5
0
345
17.2
36.0
1.7

17.9
29.9
0
35.6
17.8
35.7
1.8

18.6
30.3
.1
36.6
182
36.0
1.9

18.9
30.6
-.1
37,5
18.8
36.3
1.9

20.2
30.8
0
38.8
19.1
37.7
2.0

21.0
31.2
0
40.0
19.8
37.4
2.0

21.6
31.8
0
41.0
20.5
41.1
2.0

21.7
32.8
0
41.6
21.3
40.1
2.0

22.8
39.1
0
42.7
21.4
41.4
2.1

23.8
39.9
0
44.1
21.1
41.8
2.1

24.7
41.3
0
45.4
20.8
43.7
2.1

25.9
42.0
0
47.1
20.4
47.5
2.2

26.7
43.8
0
48.1
21.5
50.4
2.2

27.6
45.1
0
48.9
22.2
51.6
2.2

28.5
46.1
0
49.8
22.7
53.0
2.3

29.4
47.2
0
51.3
21.9
54.3
2.3

29.9
48.9
0
52.7
23.5
56.7
2.4

30.5
50.0
0
54.4
243
60.4
2.5

Equals: Personal Income

26

500.7

5095

5195

5284

538.7

5485

5635

5765

5883

598.0

6115

6252

635.9

643.0

6565

6674

6885

7065

Addends:
Gross domestic income
Gross national income
Net domestic product

27
28
29

648.0
653.1
584.9

658.5
663.4
592.9

671.0
676.1
602.8

680.7
685.5
607.6

698.8
704.4
627.2

711.3
717.1
638.6

724.2
7295
654.4

745.4
750.3
675.5

765.3
770.5
697.2

777.1
782.2
704.8

790.4
795.5
716.9

805.0
810.4
728.6

812.9
818.2
737.6

821.6
826.8
741.9

838.7
844.4
755.9

856.2
861.8
769.8

878.3
884.2
793.6

900.7
906.8
816.2

Less: Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of government
enterprises.

I

IV
Gross domestic product
Plus: Receipts of factor income from the rest of the
world.
Less: Payments of factor income to the rest of the
world.
Equals: Gross national product
Less: Consumption of fixed capital
Private
Capital consumption allowances
Less: Capital consumption adjustment
Government
General government
Government enterprises
Equals: Net national product
Less: Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of government
enterprises.
Equals: National Income
Less: Corporate profits with inventory valuation and
capital consumption adjustments.
Net interest
Contributions for social insurance
Wage accruals less disbursements
Plus: Personal interest income
Personal dividend income
Government transfer payments to persons .
Business transfer payments to persons

I

IV

III

993.6 15015

9363

960.0

974.1

10.6

10.7

11.3

11.7

12.2

12.6

13.0

4.2

4.4

4.9

5.5

6.2

6.5

6.7

926.4

943.1

966.4

9803

90.4
67.8
70.2
2.4
22.6
20.7
1.9

93.0
70.0
71.7
1.7
23.0
21.1
1.9

95.2
71.7
73.8
2.0
23.5
21.5
2.0

97.3
73.4
75.4

8365

850.1

871.2

80.3
2.9
-.5
3.1

81.8
2.9
-2.3
32

83.3
3.0
32
3.4

85.6
3.1
-1.0
3.6

756.5

770.9

785.1

94.9

96.1

95.7

I

II

13.2

15544
107.7

12.4

13.4

14.2

14.1

14.8

15.3

15.9

5.9

6.1

6.7

7.0

7.0

7.6

1,057.4 1,104.2 1,1255 1,144.6 1,1575 1,1985 1.232.6

1 02
1.

113.4

115.4
87.9
86.5

117.4

119.7
91.6
90.2
-1.5
28.1
25.3
2.7

1 26
2.

130.9
101.5
99.7

101.5
76.9
78.5
1.6
24.6
22.5
2.2

103.6
76.4
79.7
1.3
25.2
23.0
2.2

106.5
80.8
80.9
25.7
23.4
2.3

82.0
.2
25.9
23.6
2.4

83.7
83.4
-.3
26.5
24.1
2.4

9003

9055

916.6

929.7

946.7

947.2

88.0
3.1
-2.2
3.7

89.5
3.2
-6.9
3.6

91.3
3.1
-.2
4.3

93.4
3.1

97.0
3.3
2.8
5.3

100.6
3.3
9.7
5.4

102.0
3.4
8.8
4.9

104.8
3.5
8.1
5.0

107.0
3.6

5.1

95.3
3.2
3.9
4.9

5.2

107.8
3.7
3.6
5.8

798.9

815.1

8223

826.7

837.2

849.2

8495

8825

901.1

9155

934.7

966.6

984.0

02.8

90.2

85.1

77.5

81.0

80.6

75.8

90.7

92.9

96.0

101.5

102.5

45.9
702
.6
76.5
23.6
98.9
3.1

46.2
71.1
1.5
77.1
23.4
100.8
3.2

46.5
77.9
-1.4
78.3
24.7
104.1
3.3

47.9
78.9
-.4

908.2

924.4

9525

2.0

23.9
21.8
2.1

33.1
57.1

34.2
58.6

35.0
59.6

55.1
25.0
62.0
2.6

56.1
25.3
63.4
2.7

58.3
25.0
65.4
2.7

60.1
25 2
66.8
23

61.7
25.0
68.1
2.8

63.3
25.0
69.9
2.8

Equals: Personal Income

7243

739.7

752.9

7703

7895

Addenda:
Gross domestic income
Grass national income
Net domestic product

920.6
926.9
829.7

939.1
945.4
843.8

956.8
963.2
864.8

975.2
981.4
8763

1,001.8

0

0

894.3

.1

1.0

81.8

86.2

84.9
-1.3
27.2
24.7
2.5

-1.3
27.5
25.0
2.6

0

36.7
60.9
2.5
65.4
24.3
72.4
2.8

39.0
61.8
-2.1
67.7
23.6
82.8
2.8

41.4
62.6
-.4
71.0
23.1
83.8
2.8

43.1
62.7

44.3
67.9

72.7
22.8
88.1
2.8

74.3
23.5
90.2
2.9

45.3
69.2
.
2
75.1
23.4
98.2
3.0

8345

8455

8543

8725

895.4

0

-1.4
27.6
24.9
2.7

93.6
93.1
-.5
29.0
26.2
2.8

9905 1,010.4 1527.2 1,037.9 15755

8145

32.2
55.8




IV

99.3
75.0
77.1
2.1
24.3
22.2
2.1

30.7
51.9

0

III

II

6.3

13.3

9995 1307.1 1,0202 1,036.2

30.5
51.0

0

I

IV

1,0135 1,0295 1,0475 15515 1,096.8 1,117.7 1,1373 1,1495 1,190.2 1,224.4

920.1

0

1972

1971

1970

1969

1968
Line

0

-2.1

-1.8
29.4
26.6
2.9
1.101.7

1 02
1.
3.8
9.9
6.1

802
25.1
104.9
3.3

1,006.9 1,014.1 1,028.5 1,043.9 1.048.6 1,087.1 1,109.0 1,129.2 1,151.9 1,186.6 1,214.5
1,012.9 1,020.4 1,035.2 1,050.5 1.054.7 1,094.5 1,117.0 1,136.5 1,159.7 1,194.9 1,222.7
940.1
910.3
983.4 1,002.3 1,019.9 1,030.1 1,067.5 1,093.5
941.1
923.0
899.5

Table 1.9.—Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income: Annual,
1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1974

1973
II

I

III

1,369.4 1391.4

IV

1

II

1976

1975

Line
III

IV

1

1,4323 1,446.5 1,482.5 1,511.7 15465

15605

II

III

IV

1

II

1977
III

IV

I

1597.8 1457.1 1,707.3 1,7673 1,797.9 1530.4 15805

II

1,934.4 2,005.1

1

13375

Plus: Receipts of factor income from the rest of the

2

20.5

22.7

25.6

26.6

30.1

30.8

30.9

29.2

27.1

26.6

28.2

30.7

31.8

32.7

33.1

33.9

36.4

37.6

Less: Payments of factor income to the rest of the

3

9.7

11.0

11.6

122

12.9

14.2

15.4

15.6

15.5

14.8

15.0

14.5

15.7

15.8

15.7

15.7

15.2

16.5

13483 1381.1 1,405.4 1,446.7 1,463.7 1,499.1 15272

15603

15725

1,7235 1,7833 14145

15475

14985

175.0
134.4
121.6
-12.7
40.6
36.2
4.4

181.7
1402
124.8
-15.4
41.5
36.9
4.5

204.2
159.8
137.1
-22.7
44.4
39.3
5.1

208.2
163.1
140.6
-22.5
45.1
395
5.2

213.0
167.4
145.1
-22.3
45.6
40.3
5.3

Gross domestic product

Equals: Gross national product

4

Less: Consumption of fixed capital
Private
Capital consumption allowances
Less: Capital consumption adjustment
Government
General government
Government enterprises

5

fi

7
8
9
10
11

Equals: Net national product

12

Less: Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of government
enterprises.

13
14
15
16

139.0
1065
105.9
-.6
32.6
29.3
3.2

133.4
101.6
102.2
.6
31.8
28.7
3.1

142.4
109.0
106.5
-2.5
33.3
30.0
3.3

145.2
111.3
110.4
-.9
33.9
30.5
3.4

1,2143 1,242.1 1,2635 13015
120.2
4.4
9.4
6.0

118.3
4.3
5.8
6.0

122.1
4.4
1.8
5.5

150.5
115.1
112.7
-2.4
35.4
31.6
3.6

166.3
127.3
119.3
-8.0
38.9
34.8
4.1

1313.2 1340.7 13605
128.4
4.7
8.7
3.7

131.5
4.7
1.1
4.7

1,189.8 12025

12283

123.6
4.8
-3.4
6.0

1,0923 1,114.2 1,140.2 1,1825

158.3
121.3
116.2
-5.1
37.0
33.2
3.8

124.9
4.9
-2.4
4.1

1,385.4 13903
132.2
5.5
14.6
5.6

133.4
4.8
14.4
7.4

1,609.7 15705
187.0
145.0
127.8
-17.2
42.0
37.4
4.7

190.8
148.2
130.0
-18.2
42.6
37.8
4.8

1952
151.8
132.2
-19.6
43.4
38.4
4.9

198.8
154.9
134.2
-20.7
43.9
38.9
5.0

1,422.7 1,4795 1,5285 14844
137.7
5.1
13.6
7.7

143.0
5.3
8.3
8.5

1238.7 12454 1,274.0 13315

1,610.6 1539.6 14854

146.7
6.4
18.4
7.1

150.0
63
192
7.1

1373.1 14202

14422

146.0
5.8
12.3
8.9

152.9
65
16.1
7.4

1,955.5 2,0262
218.9
172 2
149.7
-22.5
46.7
41.3
5.4

226.3
178.9
155.7
-23.3
47.3
41.8
5.5

1,736.6 1,799.9

156.7
7.1
25.9
7.9

160.2
7.2
23.0
8.4

163.6
7.1
23.3
8.7

1,4715 1403.7 15544

1514.7

Equals: National Income

17

Less: Corporate profits with inventory valuation and
capital consumption adjustments.
Net interest
Contributions for social insurance
Wage aocruals less disbursements
Plus: Personal interest income
Personal dividend income
Government transfer payments to persons
Business transfer payments to persons

18

121.7

118.1

118.9

121.7

113.6

111.5

107.8

103.9

106.0

118.7

140.7

1472

158.7

153.8

154.0

153.1

163.6

184.0

19
?0
?1
24
25

54.1
95.0
0
89.5
26.6
120.0
3.6

54.0
96.6
-.3
90.9
273
122.4
3.8

57.0
98.8
0
95.6
27.8
125.2
3.8

60.8
101.1
0
100.3
28.8
128.9
3.9

66.0
107.9
0
105.6
29.1
135.1
4.0

70.6
110.5
-.6
110.6
29.6
143.5
4.0

73.7
113.4
-1.4
114.8
29.9
151.6
4.0

77.1
114.8
.1
118.5
29.6
159.3
3.9

78.1
117.6
.1
119.7
29.1
171.2
4.1

79.2
119.1
.1
121.1
28.9
186.7
4.5

81.1
122.1
.1
124.2
292
190.6
4.6

81.6
125.4
.1
127.0
29.7
194.2
4.8

81.8
133.4
.1
129.0
32.0
198.7
5.1

84.4
136.2
.1
132.9
34.3
1982
55

85.9
139.2
.1
135.8
36.0
205.7
5.7

88.3
1422
.1
1405
37.6
208.7
5.7

94.0
149.7
.1
146.8
38.2
212.0
5.8

98.2
153.9
.1
1522
38.8
214.1
5.7

Equals: Personal Income

26

1,061.2 15903

1,4114 1438.6 1,4754 14124

14504

1,589.4

Addenda:
Gross domestic income
Gross national income
Net domestic product

?7
?8
29

1,331.7 1,360.0 1,389.6 1,435.7 1,448.9 1,473.7 1,510.6 1,532.2 1,545.9 1,584.2 1,648.8 1,695.0 1,748.9 1,778.7 1,814.3 1554.4 1,911.4 1,981.8
1,342.4 1371.7 1,403.6 1,450.1 1,466.1 1,490.3 1,526.1 1,545.8 1,557.5 1,596.1 1,662.1 1,7112 1,764.9 1,795.6 1,831.7 1,8725 1,932.5 2,002.9
1,204.1 1230.3 1,249.0 1,287.1 1,296.0 1,324.2 1,345.4 1,371.8 1,378.6 1,410.8 1,466.3 1,512.1 1,568.5 1,593.7 1,622.2 1,667.3 1,715.5 1,778.8

??

n

1,117.9 1,1605 1,176.1 1,1982 1235.2 1,254.2 1267.4 12984

1977

1336.0 13744

1979

1978

1980

1981

Line
III

IV

1

II

III

IV

1

II

III

IV

1

II

III

IV

II

I

III

IV

2,063.2 2,104.7 2,147.7 2,273.7 2333.9 24102 2,4644 24223 25924 2,6504 2,7223 2,7194 2,783.4 2,9114 34402 34704 3,167.7 3,1854

Gross domestic product

1

Plus: Receipts of factor income from the rest of the

2

38.8

38.7

43.4

43.6

47.5

55.2

59.4

66.2

75.7

80.6

85.9

822

77.7

81.4

89.5

93.6

99.6

99.9

Less: Payments of factor income to the rest of the

3

17.5

195

20.9

24.4

26.0

29.9

324

35.7

38.6

43.1

47.1

45.4

42.1

514

56.1

615

65.1

61.0

24845 2,123.9 2,170.1 2,2925 2,3553 2,4355 2491.1 2,552.7 2429.9 24875 2,7612 2,7562 25194 2541.7 34734 3,1024 3,202.1 3,2244

Equals: Gross national product

4

Less: Consumption of fixed capital
Private
Capital consumption allowances
Less: Capital consumption adjustment

5
R
7
8
9
10
11

231.2
183.4
160.7
-52.7
47.8
42.2
5.6

238.0
189.4
165.4
-23.9
48.7
42.9
55

12

14534

14854

13
14
15
16

167.6
7.0
185
9.7

170.5
7.8
8.1
13.6

General government
Government enterprises
Equals: Net national product

Statistical discrepancy
Pius: Subsidies less current surplus of government
enterprises.
Equals: National Income

17

Less: Corporate profits with inventory valuation and
capital consumption adjustments.
Net interest
Contributions for social insurance
Wage accruals less disbursements
Plus: Personal interest income ...
Personal dividend income
Government transfer payments to persons
Business transfer payments to persons

18

21
2?
23
24
25

19

fO

246.8
197.0
171.0
-26.0
49.8
43.9
5.9

253.8
202.9
175.3
-27.6
50.9
44.7
6.1

262.0
210.0
181.2
-28.8
52.1
45.7
6.3

270.5
217.4
187.7
-29.7
53.1
46.6
6.5

280.1
225.4
194.6
-30.8
54.8
48.0
6.7

292.0
236.0
201.7
-34.3
56.0
49.0
7.0

303.0
245.5
208.0
-37.5
57.5
50.3
72

311.8
252.7
214.5
-382
59.1
51.7
75

322.1
261.4
2192
-42.2
60.7
52.9
7.7

333.9
271.1
226.8
-44.4
62.8
54.8
8.0

345.7
281.4
2372
-443
64.2
56.0
8.3

355.8
290.0
246.8
-432
655
57.3
8.6

368.9
300.5
2653
-352
68.4
59.6

8.8

383.0
313.4
281.7
-31.7
69.6
60.5
9.1

392.8
321.6
295.3
-26.3
71.2
61.8
9.4

409.1
336.7
306.1
-30.6
72.5
62.9
9.6

1,923.3 2539.1 2,0933 2,1654 2211.0 2,260.7 23264 2376.0 2439.1 2,4222 2,4734 24854 2,704.7 2,7194 25093 25152
173.3
7.6
3.1
114

179.8
8.1
17.9
10.9

176.8
8.1
25.1
9.9

181.4
9.0
26.1
12.0

1842
9.1
182
10.6

186.8
9.5
26.4
11.6

189.8
10.1
37.4
11.8

194.2
10.7
30.7
12.7

199.8
10.7
35.3
13.4

208.0
11.0
33.3
14.5

215.9
112
25.1
15.9

2242
12.0
16.6
16.9

244.1
12.5
26.5
17.0

248.7
13.2
145
15.7

2512
13.7
6.7
17.7

253.1
14.3
12.0
17.0

15704 1,713.0 1,751.1 1,844.1 1,8932 1,960.6 2510.1 24494 2,101.4 2,153.1 22065 2,1845 22374 23504 2,438.7 24585 24554 24525
198.7
103.0
157.2
.1
158.1
40.1
220.0
5.8

191.0
1075
160.7
.1
165.7
40.9
223,7
6.0

183.1
1123
170.7
.1
173.1
41.9
227.8
63

210.9
1182
175.1
.1
180.7
42.9
229.9
6.7

215.8
122.7
178.7
.5
187.9
45.1
238.7
7.0

226.3
1285
183.6
.4
1962
47.3
242.9
7.3

215.0
137.8
197.5
.1
208.1
48.7
248.5
7.5

215.4
145.0
201.6
-.9
217.4
49.9
254.1
7.8

213.7
153.0
206.4
-.1
226.7
50.8
270.4
8.0

208.4
165.4
211.4
.2
241.9
52.6
278.3
82

206.7
181.5
218.9
-2
263.0
55.6
289.4
8.4

173.7
189.0
221.1
0
272.6
57.1
296.6
8.6

1782

1945

210.6

200.3

220.4

196.8

1913
2262
5
272.9
58.0
329.4
8.9

205.8
233.8
-.5
290.3
59.1
335.1
93

212.7
255.3
0
309.7
62.3
341.8
9.7

222.7
259.4
0
322.5
66.6
346.7
10.0

250.4
2642
3
354.9
69.9
365.4
10.4

252.1
267.6
0
3614
70.1
3684
10.8

1454.1 15154 1,9724 2,0174 2484.2 2,1485 24162 24354 23104 24102 24834 24224 25204 2,6475

Equals: Personal Income

26

1,635.0 1,690.0 1,734.1 14804

Addenda:
Gross domestic income

71

Net domestic product

29

2,044.7 2,096.6 2,144.6 2,255.7 2,308.7 2,384.1 2,446.3 2,495.9 2,555.4 2,619.6 2,687.0 2,686.1 2,758.3 2,8952 3,0134 3,055.8 3,161.0 3,173.5
2,066.0 2,115.7 2,167.0 2274.9 2,3302 2,409.4 2,472.9 2526.3 25925 2,657.1 2,725.9 2,722.8 2,7934 2,925.1 3,0472 3,087.9 3,195.4 3212.4
1,832.1 1,866.7 1,900.9 2,019.9 2,071.8 2,139.7 2,184.4 2230.3 22894 2,338.5 2,400.3 2,385.5 2,437.7 2556.0 2,6713 2,687.3 2,7744 2,776.3




Table 1.9.—Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income: Annual,
1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1984

1983

1982

1985

Line
1
Gross domestic product

1

II

III

IV

1

II

III

IV

1

II

III

IV

I

II

1986
III

IV

1

II

3,178.6 3,231.6 3,259.1 3,299.1 35614 3,469.2 3,5634 3,6644 3,791.1 3379.7 3,942.2 3,996.7 44812 4,1343 4321.4 4235.3 4,3532 43854

Plus: Receipts of factor income from the rest of the

2

95.1

103.1

96.9

92.4

89.0

94.3

101.1

106.0

111.3

120.0

124.3

119.2

107.4

110.2

104.8

110.0

111.1

108.3

Less: Payments of factor income to the rest of the

3

63.8

67.5

67.6

64.1

60.3

62.7

68.2

71.2

79.8

87.8

92.1

90.9

872

86.9

87.8

88.9

92.7

95.6

Equals: Gross national product

4

Less: Consumption of fixed capital
Private
Capital consumption allowances
Less: Capital consumption adjustment
Government
General government
Government enterprises

5
6
7
8
9
10
11

Equals: Net national product .

12

Less: Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of government
enterprises.

13
14
15
16

3,210.0 3,267.1 3,288.4 3,327.3 3489.7 35004 3596.2 3,6995 3322.7 3311.9 3,9745 4425.0 4,1013 4,158.1 43384 4306.4 4376.6 43982
410.7
336.2
312.2
-24.0
74.5
64.7
9.8

418.9
343.1
320.7
-22.4
75.8
65.8
10.0

432.3
347.9
330.0
-17.9
84.5
66.7
17.8

435.2
357.6
340.6
-17.0
77.5
67.2
10.3

431.6
352.9
350.8
-2.1
78.7
68.2
10.4

436.9
357.3
361.8
4.5
79.6
69.1
10.5

444.6
364.1
372.4
8.3
80.5
69.9
10.6

468.1
386.5
3922
5.8
81.6
70.9
10.8

451.2
370.8
386.1
15.4
80.4
69.5
10.9

454.3
372.9
405.8
32.9
81.4
70.3
11.1

465.5
3782
4182
40.0
87.3
70.8
16.5

475.0
391.8
439.3
47.5
83.2
71.8
11.4

473.6
389.1
448.2
59.1
84.5
72.9
11.6

479.8
394.3
459.1
64.9
85.5
73.7
11.8

492.4
403.9
468.3
64.4
88.5
76.6
11.9

500.5
410.6
474.0
63.4
89.9
77.8
12.1

504.8
414.0
473.2
592
90.9
78.6
12.3

513.3
420.9
476.2
55.3
92.3
79.8
12.5

2,799.3 2,848.2 2,856.1 2,892.2 2,953.1 3,063.9 3,151.6 3,231.4 33715 3,4575 3509.0 3550.0 3,627.7 3,678.3 3,746.0 3,8055 34714 3,8354
252.3
14.3
-1.5
17.6

253.6
15.4
-11.9
18.1

257.5
15.4
-3.8
26.0

262.3
15.9
7.3
22.8

266.7
15.8
24.5
23.4

277.8
16.1
32.6
26.2

284.5
16.1
46.9
26.6

291.6
17.0
44.6
26.3

300.7
17.5
28.9
28.4

307.3
18.3
9.5
23.9

312 2
19.0
-6.8
27.7

317.7
19.7
-11.7
21.9

321.4
19.9
-11.3
21.3

331.6
20.6
-3.6
20.9

331.9
21.1
3.1
22.0

333.6
22.1
21.3
23.4

345.4
23.3
5.0
24.0

339.2
23.9
23.3
25.0

2,551.8 2,609.2 2,612.9 2,629.5 2,674.5 2,763.7 2430.7 2,904.4 34523 3,1463 32123 3,246.1 33194 3350.6 3,4114 34522 35224 3523.6

Equals: National income

17

Less: Corporate profits with inventory valuation and
capital consumption adjustments.
Net interest
Contributions for social insurance
Wage accruals less disbursements
Plus: Personal interest income
Personal dividend income
Government transfer payments to persons
Business transfer payments to persons

18

176.0

186.0

186.6

180.6

201.5

238.6

252.9

247.7

285.4

297.1

290.0

2874

301.2

300.0

318.9

295.7

315.9

294.9

19
20
21
22
23
24
25

261.8
276.4
-.1
372.6
67.1
374.6
11.3

276.2
279.8
0
389.1
65.3
386.7
11.7

263.2
282.5
0
379.6
65.9
403.9
12.0

258.2
283.8
0
375.4
69.2
419.9
12.3

259.8
295.0
0
378.7
73.2
422.8
12.6

268.9
299.5
-1.3
392.1
76.5
429.7
12.7

282.3
303.7
-.4
412.7
79.3
425.1
12.8

292.6
309.5
0
429.3
80.6
428.8
13.2

296.6
337.1
.2
440.0
79.7
433.9
14.0

315.9
343.4
2
4642
78.9
437.3
14.8

331.3
348.9
0
490.2
78.6
439.7
15.5

330.3
352.7
.6
495.0
80.3
442.9
16.2

329.3
368.8
.1
496.5
83.4
461.9
17.0

333.9
373.0
-1.0
505.6
86.6
465.5
17.5

338.3
377.6
0
509.2
89.8
471.8
18.0

3472
384.4
0
522.3
933
475.7
18.8

363.7
395.3
0
542.2
100.3
487.9
20.0

362.5
398.6
0
543.1
105.8
494.4
20.7

Equals: Personal Income

26

2,663.3 2,720.0 2,742.0 2,7835 2,8055 2,868.9 2,922.1 3,006.6 3,101.1 3,184.9 3266.2 3309.2 33785 3,419.9 3,4655 35354 35974 3,631.6

Addenda:
Gross domestic income
Gross national income
Net domestic product

27
28
29

3,180.1 3,243.5 3,262.9 3,291.7 3,336.5 3,436.6 3,516.3 3,620.0 3,762.3 3,870.1 3,949.1 4,008.3 4,092.5 4,138.4 4,218.3 4,264.0 4,3532 4,362.3
3,211.4 3,279.0 3,292.2 3,320.0 3,3652 3,468.2 3,549.3 3,654.9 3,793.8 3,902.3 3,981.3 4,036.6 4,112.6 4,161.7 4335.3 4,285.1 4,371.6 4,374.9
2,768.0 2,812.7 2,826.8 2,863.9 2,929.5 3,032.3 3,118.6 3,196.5 3,339.9 3,425.4 3,476.8 3,521.7 3,607.6 3,655.0 3,729.0 3,784.7 3,853.4 3,872.3
1987

1986

1989

1988

1990

Line
III

IV

I

II

III

IV

1

II

III

IV

I

II

III

IV

I

II

III

IV

Gross domestic product

1

Plus: Receipts ol factor income from the rest of the
world.
Less: Payments of factor income to the rest of the
world.

2

104.1

102.4

106.2

114.7

118.4

124.8

137.8

139.5

145.8

155.8

162.7

171.4

169.8

172.0

173.6

173.3

173.1

190.0

3

90.6

95.3

98.7

104.1

109.6

115.9

121.8

126.3

135.0

143.6

150.5

160.6

155.3

153.0

152.5

156.4

158.7

157.9

Equels: Gross national product

4

Less: Consumption of fixed capital
Private
Capital consumption allowances
Less: Capital consumption adjustment
Government
General government
Government enterprises

5
6
7
8
9
10
11

Equals: Net national product

12

Less: Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of government
enterprises.

13
14
15
16

4,4433 4,501.7 4565.7 4,645.1 4,7224 4435.9 4,898.2 5,0004 5,0944 5,2053 53165 5,413.2 5,486.9 55374 55605 5,7504 5,782.2 5,781.7

4,456.7 4,508.7 4573.2 4,655.6 4,731.4 4444.9 43142 5,0135 5,1053 5,2175 53293 5,4244 5501.4 55565 5481.6 5,7674 5,796.6 5,8134
522.4
428.2
479.5
51.3
94.3
81.5
12.7

531.0
434.7
4832
48.5
96.4
83.4
13.0

5362
438.7
488.0
49.2
97.5
84.3
13.1

541.9
443.8
493.1
492
98.1
84.7
13.3

548.0
448.9
498.8
49.9
99.1
85.6
13.6

556.9
456.7
505.2
48.5
1002
86.5
13.7

568.4
466.3
512.4
46.0
102.0
88.0
14.0

577.5
474.2
519.5
45.3
103.3
89.0
14.3

586.0
481.0
526.5
45.5
105.0
90.6
14.5

596.8
490.4
533.3
42.9
106.4
91.7
14.7

6055
497.6
541.3
43.7
107.9
92.9
15.0

613.4
504.0
545.8
41.8
109.3
94.1
15.2

638.5
527.5
551.7
24.1
110.9
955
15.5

644.4
531.3
552.0
20.7
113.1
96.6
16.5

639.1
524.6
546.0
21.4
114.5
98.6
16.0

646.0
5302
546.2
16.0
115.8
99.6
162

655.7
537.7
547.1
9.4
118.0
1015
16.5

665.3
544.6
548.7
4.0
120.7
104.0
16.7

3,9343 3577.7 4,037.1 4,113.7 4,1834 4,287.9 43453 4,436.1 45193 4,620.7 4,7235 4410.7 44623 43124 5,0425 5,1215 5,140.9 5,1485
344.6
24.2
36.0
25.5

349.6
24.3
28.8
25.6

355.1
24.1
9.6
28.9

362.3
24.5
-12.1
31.3

369.1
24.3
-29.9
31.6

372.9
23.7
-29.3
32.3

377.0
25.2
-43.5
32.5

381.7
25.6
-45.3
27.8

388.1
25.0
-513
28.0

3952
25.9
-49.1
25.6

403.8
26.7
-20.1
24.8

411.3
25.9
9.7
24.0

420.6
25.9
24.7
23.5

423.2
26.5
38.8
24.4

432.1
26.1
44.4
23.8

436.1
26.8
18.7
24.5

447.3
26.9
17.6
25.7

455.0
26.4
-11.0
27.3

Equals: National Income

17

Less: Corporate profits with inventory valuation and
capital consumption adjustments.
Net interest
Contributions for social insurance
Wage accruals less disbursements
Plus: Personal interest income ...
Personal dividend income
Government transfer payments to persons
Business transfer payments to persons

18

277.3

287.1

295.8

330.1

352.7

354.1

357.4

372.5

389.8

408.7

381.0

383.9

384.4

370.5

396.4

421.8

3792

390.9

19
20
21
22
23
24
25

367.2
403.3
0
546.3
107.6
502.8
21.0

359.0
410.8
0
541.5
106.8
506.8
20.9

358.4
416.5
0
541.3
102.9
514.1
21.1

367.2
420.4
0
551.6
99.9
521.8
21.1

374.1
425.4
.2
562.8
99.9
525.1
20.7

389.2
431.0
-2
584.5
101.7
529.0
20.4

389.9
452.8
0
582.3
103.9
549.6
20.5

383.8
459.7
0
579.9
107.2
553.8
20.7

402.5
466.0
0
600.3
111.9
558.8
20.8

419.3
472.7
0
619.7
116.7
565.1
21.3

441.6
484.9
0
653.7
1234
587.7
21.8

463.4
488.9
0
6805
128.9
597.4
21.1

465.3
493.5
0
682.3
133.4
610.0
20.9

4562
497.5
0
681.6
1373
624.3
20.8

458.9
511.1
0
690.6
142.0
6492
21.3

465.0
5162
0
701.1
143.4
656.5
21.5

467.7
522.4
0
711.6
143.3
669.3
21.3

477.5
524.3
.2
714.2
142.7
691.0
21.1

Equals: Personal income

26

3484.9 3,7195 3,7863 3446.9 3,907.6 4,0143 4,076.0 4,147.2 4,219.1 4,2963 4,4175 4,4795 4,5184 45833 4,7004 4,7844 4351.0 4,8815

Addenda:
Gross domestic income
Gross national income
Net domestic product

27
28
29

4,407.3 4,472.9 4,556.1 4,657.2 4,752.5 4,8652 4,941.7 5,045.7 5,1453 5,2543 5,336.9 5,403.6 5,462.3 5,499.0 5,616.1 5,732.1 5,764.6 5,792.7
4,420.7 4,479.9 4,563.6 4,667.7 4,761.3 4,874.1 4,957.7 5,058.9 5,156.6 5,266.6 5,3492 5,414.3 5,476.7 5,518.0 5,6372 5,748.9 5,779.0 5,824.8
3,920.9 3,970.6 4,029.6 4,1032 4,174.6 4,279.0 4,329.8 4,422.9 4,5085 4,608.5 4,711.2 4,799.9 44485 4,893.4 5,021.4 5,104.8 5,126.5 5,116.4




3555.0 35005 35772 3,770.2 34515 3,9524 4319.7 4,1013 4,1855 43742 43384 43875 44153 4,4434 4563.7 4,6645 45744 4,7054

Table 1.9.—Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income: Annual,
1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

I

II

III

IV

I

II

1994

1993

1992

1991
Line

III

IV

1

II

III

IV

1

II

III

6,7042

6,794.3

6,911.4

6,9863

7,095.7

IV

Gross domestic product

1

5,821.9

5,8923

5,950.2

6,002.1

6,1213

6,2012

6,271.7

6383.1

6,4443

6,509.1

6374.6

Plus: Receipts of factor income from the rest of the
world.
Less: Payments of factor income to the rest of the
world.

2

174.0

156.0

148.1

146.6

140.7

143.3

133.8

133.9

145.6

148.9

153.2

155.6

161.1

168.3

181.9

194.6

3

147.1

143.8

138.7

132.2

124.2

132.3

124.3

126.4

122.1

132.7

130.9

142.7

144.2

159.3

176.1

193.5

Equals: Gross national product

4

5,848.8

5,904.7

5,959.6

6,0163

6,138.3

6212.2

6281.1

6,9203

6392.3

73963

Less: Consumption of fixed capital
Private
Capital consumption allowances
Less: Capital consumption adjustment
Government
General government
Government enterprises

5
6
7
8
9
10
11

671.9
550.7
552.4
1.6
121.1
104.3
16.8

676.4
553.1
555.1
2.0
123.2
106.2
17.0

680.9
556.6
558.1
1.5
124.3
107.0
17.3

690.4
565.0
562.9
-2.2
125.4
108.0
17.4

687.2
560.9
564.3
3.4
126.3
108.7
17.6

692.4
564.7
568.4
3.6
127.7
109.9
17.8

770.1
641.5
590.4
-61.1
128.6
110.5
18.1

Equals: Net national product.

12

5,176.9

5,2283

5,278.7

5326.1

5,451.1

5319.7

Less: Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of government
enterprises.

13
14
15
16

464.7
26.0
-5.2
24.4

472.9
26.3
6.9
22.7

483.7
26.0
18.5
23.5

491.2
26.8
20.1
23.6

495.7
27.6
24.5
24.6

497.9
28.5
37.4
25.4

507.1
28.6
52.7
26.9

Equtlt'. National Income

17

4,715.8

4,744.9

4,774.1

4311.7

4,927.9

4,9813

Less: Corporate profits with inventory valuation and
capital consumption adjustments.
Net interest
Contributions for social insurance
Wage accruals less disbursements
Plus: Personal interest income
Personal dividend income
Government transfer payments to persons ..
Business transfer payments to persons

18

420.9

408.8

407.2

408.4

4442

437.2

19
20
21
22
23
24
25

460.4
536.8
.2
705.4
149.3
725.6
20.8

450.6
540.9
-.4
702.2
153.1
742.5
20.7

446.6
546.0
0
697.0
156.4
754.1
20.8

434.3
550.3
0
692.3
155.7
774.0
21.1

419.2
565.1
0
674.1
152.3
816.4
21.9

Equals: Personal Income

26

4,898.6

4,9633

5,0023

5,0613

Addends:
Gross domestic income
Gross national income
Net domestic product

27
28
29

5,827.1
5,854.0
5,150.0

5,885.5
5,897.7
5,216.1

5,931.7
5,941.1
5,269.3

5,982.1
5,996.4
5,311.7




6,468.1

6325.3

6396.9

6,717.1

6,811.2

704.3
574.3
578.5
4.2
130.0
111.6
18.4

721.8
590.5
598.0
7.5
131.3
112.8
18.7

720.7
588.1
592.1
4.1
132.7
113.6
19.0

735.3
601.1
601.7
.5
134.2
115.0
19.2

733.6
598.1
604.5
6.4
135.5
116.0
19.5

823.3
6852
6633
-21.3
138.1
116.9
21.2

753.1
614.9
631.6
16.7
138.1
118.0
20.2

762.2
623.3
642.2
18.9
138.9
118.5
20.5

771.4
631.2
651.5
20.3
1402
119.5
20.7

5,686.2

5,746.2

5,8043

5361.5

5,9833

5,9873

6,1673

6,230.1

6325.4

521.7
28.8
64.6
31.5

520.6
273
71.0
33.0

525.9
27.7
46.9
32.8

534.4
28.2
47.5
30.2

549.4
29.0
45.0
28.5

556.9
29.7
6.3
28.1

564.4
30.1
42.4
25.9

573.2
30.7
152
25.1

579.4
31.5
-6.4
27.4

4,9493

5,1023

5,1593

5,236.9

5,281.7

5,388.7

5,4232

5,636.1

5,7473

376.1

454.6

459.2

478.2

492.8

541.2

512.0

562.0

590.1

617.7

417.5
570.1
0
673.0
154.5
831.0
22.5

408.1
574.8
0
661.2
160.8
842.5
22.8

412.4
575.7
-63.0
660.4
170.1
853.0
22.9

411.2
585.3
70.1
660.3
177.8
874.9
22.3

4043
594.0
-.1
653.7
182.1
886.0
22.0

398.9
598.7
-.1
647.8
187.8
895.3
22.0

395.4
606.1
-62.2
642.1
193.5
903.1
22.2

3972
619.2
52.4
641.4
192.1
917.3
23.1

405.6
6282
.3
656.4
200.3
926.2
23.6

415.6
633.4
.3
674.1
208.5
934.8
24.0

430.7
641.2
.3
700.4
218.5
945.4
24.4

5,164.2

5237.7

5,277.7

5,4293

5369.4

5304.1

53442

5,659.1

5,616.3

5,7663

5338.1

5,946.1

6,097.4
6,113.8
5,434.7

6,1633
6,174.8
5,508.8

6,219.0
6228.4
5,501.5

6,318.4
6,325.9
5,678.8

6,373.5
6,397.0
5,722.7

6,462.2
6,478.4
5,788.4

6.527.1
6,549.4
5.839.2

6,659.2
6,672.0
5,970.6

6,788.0
6,804.9
5,971.0

6,869.0
6,878.0
6,158.3

6.971.3
6,977.1
6.224.4

7.101.1
7.102.2
6.324.3

53103

63903

53563

Table 1.10.—Relation of Real Gross Domestic Product, Real Gross National Product, and Real Net .National Product: Annual, 1929-94, and Quarterly,
1947-94
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
1941

1942

1943

1944

1945

790.9

719.7

674.0

584.3

5773

641.1

698.4

7905

8315

801.2

8665

9412

1,1015

1308.9

1,523.0

1544.7

1,626.7

4

796.8

725.4

6785

588.0

5803

643.7

701.4

792.4

8355

8045

8703

944.2

1,105.9

1312.7

15263

1,648.2

13295

5
6
7
8
9

79.8
76.8
6.7

81.7
78.4
7.1

81.6
77.9
7.5

802
76.0
7.9

76.8
72.2
8.1

75.6
70.6
8.5

74.8
69.3
8.9

75.8
69.7
9.4

78.0
71.4
10.0

80.0
72.9
10.6

80.3
72.5
11.2

82 2
73.8
11.9

88.0
76.9
14.7

99.9
77.9
25.6

117.7
75.1
46.6

139.0
74.2
70.5

152.6
75.5
84.2

Line
Gross domestic product

1

Plus: Receipts of factor income from the rest of the
world.
Less: Payments of factor income to the rest of the
world.

Less: Consumption of fixed capital
Private
Government

1930

1931

1932

1934

1933

1935

1936

1937

1938

1939

1940

2

Equals: Gross national product

1929

3

Equals: Net national product

10

716.5

644.0

597.7

508.9

5045

569.1

6275

7175

758.0

725.7

7913

8635

1,020.8

1216.7

1,4135

1,513.1

1,480.0

Addenda:
Gross domestic income'
Gross national income2
Net domestic product

11
12
13

783.1
789.1
710.4

723.4
729.1
638.3

666.8
671.4
593.1

581.6
585.3
505.2

571.4
574.5
501.5

636.2
638.8
566.4

699.8
702.9
624.5

777.4
779.8
715.2

830.7
8342
754.5

794.3
798.0
722.0

853.4
8572
787.5

930.1
933.2
860.7

1.097.1
1.101.2
1,016.8

1,315.9
1,319.6
1,212.9

1,536.8
1,540.1
1,409.7

1,624.6
1,628.1
1,509.6

1,597.4
1,600.0
1,477.4

Gross domestic product

1

Pius: Receipts of factor income from the rest of the
world.
Less: Payments of factor income to the rest of the
world.

2

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

1,447.7

1,430.7

1,491.0

1,4795

1,6113

1,734.0

1,798.7

1581.4

1568.2

2501.1

2540.2

2,0785

25575

22102

2,262.9

2,3143

2,4545

4

1,452.0

1,437.0

1,498.8

1,4865

1519.1

1,743.7

1509.0

1,8915

1378.6

2512.9

2,0532

2,092.4

2,0692

2,2225

2276.0

2329.1

2,4715

5
6
7
8
9

154.0
80.2
802

148.0
85.1
67.8

146.3
92.0
57.8

147.2
98.4
51.2

149.3
104.3
46.5

154.4
109.9
45.7

161.7
113.9
49.4

170.3
118.5
53.7

177.9
123.4
56.6

185.1
129.1
58.0

191.8
134.7
59.0

198.0
139.8
60.0

202.5
143.3
61.0

207.6
146.7
62.8

214.3
151.3
65.0

220.3
155.3
67.1

227.7
160.1
69.8

Line

3

Equals: Gross national product
Less: Consumption of fixed capital
Private
Government
General government
Government enterprises

,

Equals: Net national product

10

13012

1292.1

1,356.2

1543.2

1/1745

1595.6

1553.6

1,727.1

1,705.9

1,834.1

1567.4

1500.0

1,871.2

2520.7

2,067.9

2,114.9

2251.2

Addenda:
Gross domestic income'
Gross national income2
Net domestic product

11
12
13

1,442.1
1,446.4
1,296.8

1,419.5
1,425.9
1285.7

1,497.2
1,504.9
1,348.4

1,473.5
1,480.5
1,336.2

1,605.3
1.613.0
1.467.1

1,718.4
1,728.1
1,585.8

1,788.9
1,7992
1,643.2

1,866.6
1,876.2
1,717.5

1,855.7
1,866.0
1,695.4

1,994.5
2.006.2
1,822.3

2,052.3
2.065.2
1.854.3

2,086.0
2,100.0
1,886.1

2,061.5
2,073.2
1,859.4

2217.0
2228.9
2,008.8

2.276.5
2,289.7
2.054.6

2,326.2
2,340.9
2,100.1

2,462.4
2,479.1
2,234.3

Line

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

Gross domestic product

1

2,559.4

2,708.4

2381.1

3,069.2

3,1472

3,293.9

3,393.6

3397.6

35105

3,7023

3,916.3

35912

3373.9

4582.9

42735

4503.0

4,630.6

Plus: Receipts of factor income from the rest of the
world.
Less: Payments of factor income to the rest of the
world.

2
3

Equals: Gross national product

4

2,577.3

2,7273

2,901.4

3,0875

3,166.4

33145

3,413.3

3,417.1

3532.1

3,7263

3550.1

3,930.2

3,903.3

4,1185

4,3145

4543.7

4,687.4

Less: Consumption of fixed capital
Private
Government
General government
Government enterprises

5
6
7
8
9

236.4
166.1
72.7

245.9
173.2
75.1

257.8
182.9
77.2

272.5
194.6
79.9

286.6
2052
83.5

300.5
215.9
86.7

314.6
227.8
88.6

326.3
238.1
89.7

336.6
248.1
89.5

352.6
264.1
89.1

364.5
276.2
88.6

378.5
290.6
88.2

389.4
301.7
88.0

399.7
312.1
87.9

413.6
325.9
88.0

431.5
343.8
87.9

453.3
365.1
88.3

Equals: Net national product

10

2,348.8

2,490.7

2,6533

2325.9

25895

3,024.6

3,109.0

3,100.1

3,2053

3584.2

35975

3561.7

35215

3,7295

35125

4,1255

4,246.1

Addenda:
Gross domestic inoome'
Gross national income2
Net domestic product

11
12
13

2,571.7
2,589.7
2,330.7

2,714.5
2,733.9
2,471.1

2,884.4
2.904.7
2.632.8

3,056.3
3,074.9
2,807.1

3.142.4
3.161.5
2,870.5

3,290.5
3,311.2
3,003.7

3,398.4
3,418.1
3,089.1

3,391.5
3,411.0
3,080.5

3.490.8
3.512.9
3,182.9

3,689.4
3,713.4
3,360.0

3.906.5
3,940.2
3.563.6

3.877.3
3,916.2
3.522.4

3,845.0
3,874.4
3,492.3

4,038.3
4.074.2
3.693.3

4,234.9
4275.8
3,871.4

4,467.8
4,508.6
4,084.4

4,579.8
4,636.6
4,188.6

Gross domestic product

1

Plus: Receipts of factor income from the rest of the
world.
Less: Payments of factor income to the rest of the
world.
Equals: Gross national product

4

4,670.8

Less: Consumption of fixed capital
Private
Government
General government
Government enterprises

5

470.7
381.8
89.0

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

4,720.7

45205

4503.7

5,140.1

53235

5,487.7

5,6495

5565.2

6562.0

6,1363

6,079.4

6244.4

6,3895

6,610.7

2

143.5

138.2

160.3

140.5

134.6

141.9

170.2

189.9

190.6

161.1

137.9

147.3

168.4

3

100.7

95.9

121.9

116.8

120.9

133.0

157.1

176.7

170.2

145.7

126.8

128.8

160.0

4,769.9

4,662.0

45445

5,178.0

5546.7

5501.2

5,658.2

55785

6575.7

6,157.0

6,094.9

62555

6,408.0

6519.1

489.9
400.1
89.7

506.0
412.9
93.1
78.3
14.8

525.5
432.7
92.8
79.8
12.9

541.7
444.1
97.6
82.6
15.0

5642
464.0
100.3
86.3
14.0

587.1
482.2
105.0
90.4
14.6

609.4
499.8
109.6
94.5
15.2

6302
516.6
113.6
97.9
15.7

658.7
540.9
117.7
101.3
16.5

669.2
547.7
1215
104.7
16.8

686.0
560.8
125.2
107.8
17.4

713.5
585.4
128.2
110.2
18.0

713.6
583.1
130.5
111.9
18.6

747.3
6152
1322
112.7
19.4

Line

6
7

4,615.0

8
9

Equals: Net national product

10

4,207.9

4,285.9

4,155.7

43195

4,639.2

4,7843

4,915.7

5,050.0

5,2495

5,417.9

5,488.6

5,4085

55425

5,694.4

55715

Addenda:
Gross domestic income '
Gross national income2
Net domestic product

11
12
13

4,568.8
4,624.7
4,151.3

4,697.9
4,747.2
4,236.1

4,623.9
4,665.6
4,1135

4,753.0
4,794.2
4,277.5

5,133.4
5,1712
4,601.0

5,320.7
5,343.9
4,761.5

5,458.9
5,472.4
4,902.2

5,667.8
5,676.6
5,041.3

5,920.2
5,933.4
5,236.5

6,047.5
6,061.1
5,404.3

6,117.4
6,138.1
5,467.9

6,069.1
6,084.6
5,393.5

6,199.7
6,210.8
5,530.9

6,338.2
6,356.7
5,675.9

6,5965
6,6052
5,863.5

NOTE TO USERS: See the cautionary note on page 6 concerning comparisons of chained (1992) dollar estimates.
See footnotes and note at the end of the table.




Table 1.10.—Relation of Real Gross Domestic Product, Real Gross National Product, and Real Net National Product: Annual, 1929-94, and Quarterly,
1947-94—Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
1947
Line

1948

l

I

1949

1950

III

1951
III

IV

1,4025 1,424.6 1,437.5 1,458.1 1,474.3 1,493.9

1,497.0 1/498.9 1,480.1 1,474.1 1,490.7 1,474.5 1,538.2 1,5843 1,644.1 1,678.6

1,408.6 1,430.9 1,443.7 1,464.8 1,481.6 13013

Gross domestic product

1304.9 1,506.8 1,487.6 1,4813 1,4973 1,480.7 1,544.8 1391.5 1352.7 1,687.2

Plus: Receipts ol factor income from the rest of the
world.
Less: Payments of factor income »the rest of the
world.
Equals: Gross national product

149.8
82.7
72.5

Less: Consumption ol fixed capital
Private
Government
General government
Government enterprises

148.4
84.3
69.2

147.3
85.9
66.1

146.6
87.7
63.2

146.4
89.4
61.0

146.2
91.2
58.7

146.2
92.9
56.6

146.4
94.5
54.8

146.6
96.1
53.3

146.9
97.6
51.8

147.3
99.2
50.4

147.7
100.7
49.1

148.1
102.1
47.8

149.6
105.1
46.0

150.7
106.5
45.5

1.354.7 1334.3 1,399.9 1,447.1 13094

1343.0

148.8
103.6
46.8

Equals: Net national product

1,266.7 1285.9 1,2973 1318.7 13363 1359.0 1363.3 1,366.1 1345.4 13383

Addenda:
Gross domestic income1
Gross national income2
Net domestic product

1,401.1 1,412.3 1,424.3 1,440.6 1.477.0 1504.9 1,500.9 1,505.9 1,479.9 1,471.3 1,481.0 1,461.8 1518.7 1.578.4 1.642.6 1,681.6
1,407.1 1,418.6 1,430.5 1,447.2 1,484.4 1,512.8 1,508.7 1,513.8 1,487.4 1,478.5 1.487.8 1,468.0 1,525.3 1.585.5 1,651.2 1,690.0
1,260.5 1,279.5 1,290.8 1,312.0 1.329.1 1,351.1 1,355.4 1,358.1 1,337.9 1,331.0 1,347.7 1,328.2 1,393.2 1,440.0 1.500.7 1,534.4
1953

1952

1951

1954

1955

Line
IV

III
Gross domestic product

1

Plus: Receipts of factor income from the rest of the

II

III

IV

1

III

II

IV

I

II

III

IV

1

II

III

IV

1,758.2 1,760.6 1,779.2 1,7783 1,790.9 1346.0 1,8823 13973 1387.4 1,8582 1349.9 1,8483 1368.9 1,9053 1,959.6 1394.4 2,020.1 23303

2

Less: Payments of factor income to the rest of the

I

3

Equals: Gross national product

4

Less: Consumption of fixed capital
Private
Government

5
6
7
8
9

Equals: Net national product
Addenda:
Gross domestic income'
Gross national income2
Net domestic product

1,768.4 1,771.6 1,7893 1,7893 13012
155.1
110.5
45.8

156.8
111.6
46.5

158.7
112.4
47.7

160.7
113.4
48.8

162.7
114.4
49.9

1356.1 1,892.4 1,907.7 13963 1,8673 1,859.9 1358.4 1,879.0 1317.1 1,9713 23053 2,0313 2,042.4
164.9
115.5
51.1

167.1
116.7
52.2

1692
117.9
53.2

171.3
119.1
54.2

173.3
120.3
55.0

175.1
121.4
55.8

177.0
122.7
56.5

178.8
124.0
56.9

180.7
125.4
57.4

182.4
126.9
57.6

185.9
129.8
58.1

187.7
131.3
58.4

10

1320.4 1320.8 1,6373 1,634.2 1,643.6 1398.8 1,7323 1,746.0 1,7313 1,6982 1,6893 1386.0 1,705.2 1,7423 1,795.1 1328.1 13523

13803

11
12
13

1,735.5 1,749.2 1,765.1 1,771.3 1,784.2 1,835.2 1,869.8 1,885.1 1,874.9 1,836.8 1337.1 1,835.6 1,853.4 1,896.7 1,946.6 1,989.4 2,013.1 2,028.7
1,745.9 1,760.2 1,775.4 1,781.7 1,794.5 1,845.3 1,879.4 1,895.4 1,884.0 1,845.9 1,847.0 1,845.5 1,863.5 1,908.2 1,958.4 2,000.9 2,024.8 2,040.7
1,610.2 1,609.7 1,627.1 1,623.6 1,633.3 1,688.7 1,723.1 1,735.5 1,722.4 1,689.0 1,679.7 1,676.0 1,695.1 1,730.9 1,783.2 1,816.5 1,840.6 1,846.8
1956

1957

1958

184.2
128.4
57.9

1959

1960

Line
1

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

1

2,0233 2,037.7 2333.4 2,066.2 23773 2371.9 2,0943 2,0703 2,012.6 2,024.7 2,0723 2,1203 2,165.0 22233 2221.4 22313

II

Gross domestic product

1

Plus: Receipts of factor income from the rest of the
world.
Less: Payments of factor income to the rest of the
world.

2

Equals: Gross national product

4

Less: Consumption of fixed capital
Private
Government

5
6
7
8
9

Equals: Net national product

10

13533 1,866.1 1,859.7 13902 1,9013 1,894.9 13163

Addenda:
Gross domestic income'
Gross national income2
Net domestic product

11
12
13

2,029.3 2,050.1 2,047.7 2,082.0 2.084.8 2,084.7 2,097.6 2,077.0 2,0262 2,028.5 2,068.7 2,122.6 2.174.2 2237.5 2,220.3 22362 2,285.7 2279.9
2,042.7 2,063.4 2,061.2 2,093.8 2.098.9 2,100.1 2,112.3 2.088.5 2,038.0 2,040.5 2,080.3 2,133.9 2.185.3 2,248.6 2232.4 2,249.1 2298.1 2292.6
1,840.0 1,852.8 1,846.0 1,878.5 1,8873 1,879.5 1,901.6 1,876.0 1,815.3 1,826.4 1,874.3 1,921.8 1,969.0 2,024.5 2,017.6 2,024.1 2,0745 2,0582

22792 2,2653

3
2,037.0 2,050.9 2,047.1 2,0783 2,091.7 2,0872 2,108.6 2,082.2 2,0243 2336.7 2383.8 2,131.9 2,1762 2,234.5 2,2333 2,243.9 2291.6 2,278.2
1893
132.6
58.6

191.0
134.0
58.9

192.6
135.4
59.1

1942
136.8
59.3

195.9
138.2
59.6

197.4
139.4
59.9

198.7
140.4
60.1

199.9
141.3
60.4

201.9
142.9
60.9

1.887.4 13272 13383

1961

1960

200.9
142.1
60.6

203.0
143.6
61.2

204.1
144.4
613

205.4
145.2
62.1

206.8
146.1
62.6

208.3
147.1
63.1

209.9
148.2
63.6

211.9
149.6
64.2

213.6
1503
64.7

1,885.9 1333.2 1,9803 2335.7 23293 2337.1 23673 2,0703

1962

1963

1964

Line
III
Gross domestic product

1

Plus: Receipts of factor income from the rest of the
work).
Less: Payments of factor income to the rest of the
world.

IV

I

II

III

IV

1

II

III

IV

I

II

III

IV

1

II

III

IV

2

2,2683 2,2383 2251.7 22923 23323 2381.0 2,422.6 2,4483 24713 2,476.7 2308.7 2338.1 23863 2304.6 2,666.7 2,6975 2,7293 2,739.7

3
22813 2252.7 22663 23063 2347.1 2395.9 2,4374 2,464.4 2,488.4 2,4953 23263

Equals: Gross national product

4

Less: Consumption of fixed capital
Private
Government

5
6
7
8
9

Equals: Net national product

10

2,0723 2340.7 2,053.3 23923 2,1323 2,1813 22203 2,245.4 2267.1 22713 23012 2327.7 2,3743 23912 2,454.1 2,4813 23114 23163

Addenda:
Gross domestic income'
Gross national income2
Net domestic product

11
12
13

2,276.9 2263.5 2265.0 2,303.3 2,341.1 2,395.5 2,426.6 2,4502 2,474.6 2,497.9 2,5212 2,558.0 2,590.8 2,616.9 2,661.0 2.697.8 2,736.9 2,762.4
2,290.3 2277.6 2,280.1 2,317.5 2,355.6 2,410.3 2,441.5 2,466.7 2,491.1 2,517.1 2,539.3 2,5755 2,608.6 2,635.2 2,681.1 2,717.0 2,756.7 2,780.7
2,059.5 2,026.4 2,038.0 2,0782 2,1182 2,166.0 2205.7 2228.9 2,250.4 2,252.1 2,282.8 2,3102 2,357.1 2,372.7 2,433.7 2.461.9 2,491.3 2,4975




2152
151.9
653

216.7
152.9
65.8

217.9
153.7
66.2

219.4
154.8
663

221.0
1553
67.3

222.8
156.9
68.0

224.7
158.2
68.7

226.6
159.4
69.5

228.7
160.8
70.2

230.8
162.2
70.9

233.0
163.7
71.7

23553 2,604.0 23223
2352
1652
72.4

237.5
1663
73.0

239.8
168.5
73.7

23863 2,7163 2,7495 2,758.1
242.0
170.1
743

2445
172.0
74.8

247.1
174.1
75.3

249.9
176.4
75.9

Table 1.10.—Relation of Real Gross Domestic Product, Real Gross National Product, and Real Net National Product: Annual, 1929-94, and Quarterly,
1947-94—Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
1967

1966

1965

1968

1969

Une
1
Grass domestic product

1

Plus: Receipts of factor income from the rest of the

III

IV

I

II

III

IV

I

II

III

IV

1

II

III

IV

1

II

2,808.9 2,846.3 2,8985 2,970.5 3,042.4 3,0555 3,0765 3,102.4 3,127.2 3,129.5 3,154.2 3,178.0 3,236.2 3,292.1 3316.1 3331.2 3,381.9 3390.2

2

Less: Payments of factor income to the rest of the
world.

II

3
2,830.0 2,868.2 2,918.9 2,988.6 3,061.1 3,074.2 3,094.7 3,1214 3,145.9 3,147.7 3,1744 3,1975 3,256.2 3312.5 3337.3 3352.2 3,4025 3,4103

Equals: Gross national product

4

Less: Consumption of fixed capital
Private
Government

5
6
7
8
9

Equals: Net national product

10

2,586.5 2,621.4 2,669.1 2,736.3 2505.6 2,814.0 25304 2,853.5 2,675.2 2,872.7 2,896.0 2,915.4 2,971.2 3,0245 3,045.6 3,056.5 3,104.0 3,107.6

Addenda:
Gross domestic income1
Gross national income2
Net domestic product

11
12
13

2,821.8 2,859.1 2,895.4 2,961.3 3,022.2 3,044.2 3,064.4 3,094.2 3,109.5 3,123.3 3,153.3 3,183.3 3,227.9 3,277.0 3,317.8 3,339.4 3,370.4 3,393.9
2,842.9 2,881.0 2,915.6 2,979.5 3,040.9 3,062.8 3,082.6 3,113.4 3,128.2 3,141.5 3,173.6 3,202.9 3,248.0 3,297.5 3,339.0 3,360.4 3,391.3 3,413.8
2,565.1 2,599.3 2,648.8 2,718.0 2,786.7 2,795.2 2,812.1 2,834.3 2,856.3 2,854.5 2,875.6 2,895.7 2,951.1 3,004.1 3,024.3 3,035.4 3,082.9 3,087.4

252.8
178.8
76.4

256.0
181.4
76.9

259.4
184.2
77.5

263.0
187.1
78.1

266.9
190.3
78.7

270.7
193.3
79.4

274.3
196.1
80.3

1970

1969

281.4
201.3
82.1

278.0
198.9
81.2

284.9
203.9
83.1

288.4
206.5
84.0

295.2
211.7
85.6

291.9
209.1
84.8

298.7
214.4
86.4

302.3
217.3
87.0

305.8
2202
87.6

1972

1971

309.6
223.5
88.0

313.1
226.4
88.5

1973

Line
III
Gross domestic product

1

Plus: Receipts of factor income from the rest of the
world.
Less: Payments of factor income to the rest of the
world.

IV

1

II

III

IV

1

II

III

IV

1

III

II

IV

1

II

III

IV

3409.7 3392.6 33865 3,3915 3,423.0 3389.4 3,4814 3,5005 35235 3533.8 3,604.7 3,687.9 3,7262 3,790.4 3,892.2 3,919.0 3,907.1 3547.1

2
3
3,4285 3,411.4 3,406.0 3,411.9 3,442.9 3,407.4 3,5033 3,5243 3544.7 3556.0 3,6275 3,710.7 3,7512 3,815.3 3,921.5 3,950.4 3,944.1 3,984.4

Equals: Gross national product

4

Less: Consumption of fixed capital
Private
Government

5
6
7
8
9

Equals: Net national product

10

3,122.7 3,101.7 3,0935 3596.4 3,125.2 3,085.7 3,179.1 3,199.6 3,217.1 3,2252 3,2955 33535 3,413.6 3,474.7 3,578.3 3,595.2 3,588.7 3,6283

11
12
13

3,417.0 3,412.4 3,387.1 3,388.1 3,4102 3.380.4 3.450.6 3,473.4 3,498.7 3,540.4 3,594.0 3,658.1 3.708.0 3,797.7 3.875.3 3,892.1 3,902.1 3,956.4
3,435.9 3,431.3 3,406.6 3,408.6 3,4302 3.398.5 3.472.7 3,496.8 3,519.6 3,562.6 3,6172 3,681.0 3.733.1 3,822.6 3.904.4 3.923.4 3,939.1 3,993.7
3,103.7 3,082.7 3,073.6 3,075.9 3,105.1 3,067.5 3,156.9 3,176.0 3,196.1 3202.9 3,2722 3,330.0 3,388.3 3,449.6 3,548.9 3.563.5 3,551.3 3,590.6

1

Gross domestic income
Gross national income2
Net domestic product

316.3
229.2
88.8

319.4
231.9
89.2

322.3
234.5
89.5

325.1
236.9
89.7

327.7
239.3
89.8

330.1
241.7
89.8

1974

334.0
245.4
89.7

334.8
246.3
89.6

337.4
249.0
89.5

340.1
251.8
89.4

343.1
254.8
89.3

364.7
275.4
89.2

349.5
261.3
89.0

353.0
264.8
88.9

366.5
277.9
88.8

366.6
278.3
88.6

1977

1976

1975

356.5
268.4
88.7

368.4
280.3
88.4

1978

Line
I
Gross domestic product
Plus: Receipts of factor income from the rest of the
world.
Less: Payments of factor income to the rest of the
work).

1

II

III

IV

1

II

III

IV

I

II

III

IV

I

II

III

iV

I

II

3,908.1 3,922.6 3480.0 3554.1 3500.9 3,8352 3,907.0 3,9525 44445 4472.2 4,088.5 4,126.4 4,1764 4260.1 43295 43283 4,3455 4,510.7

2
3
3552.4 35644 3,917.6 3586.1 34275 3,861.8 3536.1 3,987.9 4,0784 4,1075 4,1244 4,163.7 4,219.4 4302.2 4371.2 4365.0 4386.6 4,546.1

Equals: Gross national product

4

Less: Consumption of fixed capital
Private
Government

5
6
7
8
9

Equals: Net national product

10

35914 35964 3,5475 3511-7 34484 3,480.7 35543 3,6045 35944 3,719.0 3,734.1 3,770.2 3,8234 34004 3,969.7 3,957.7 3,973.0 4,131.7

Addenda:
Gross domestic income'
Gross national income2
Net domestic product

11
12
13

3,914.7 3,899.4 3,877.1 3,817.9 3,765.8 3,802.6 3.887.5 3,924.0 4,002.4 4,028.7 4,052.6 4.069.5 4.126.7 4.210.6 4,290.6 4.311.6 4,339.2 4,475.1
3,959.0 3,941.2 3,914.8 3,849.9 3,792.2 3,8292 3.916.6 3,9595 4,036.7 4,064.5 4,088.9 4,106.8 4.169.8 4,252.8 4,332.3 4,348.3 4,382.2 4,510.6
3,546.2 3,554.6 3,509.4 3,479.5 3,421.8 3,453.9 3,524.9 3,568.7 3,660.0 3,682.9 3,697.5 3.732.6 3,779.7 3.857.7 3,927.6 3.920.7 3,929.4 4,096.1

372.7
284.8
88.3

378.4
290.5
88.2

379.9
292.1
88.2

383.0
295.2
88.1

385.6
297.8
88.1

3882
300.5
88.1

390.7
303.0
88.0

393.0
305.4
87.9

1979

1978

395.3
307.7
87.9

399.3
311.5
88.0

400.7
313.0
88.0

403.7
316.1
87.9

1980

407.1
319.4
88.0

413.5
325.7
88.0

414.7
327.0
87.9

419.0
331.3
87.9

1981

425.7
338.0
87.8

428.6
340.9
87.9

1982

Une
III

IV

1

II

III

IV

I

II

III

IV

1

II

III

IV

1

II

III

IV

Gross domestic product

1

4452.1 4,603.7 4,605.7 4,6154 4444.9 4,6562 4,679.0 4566.6 44624 4451.9 4,7392 4,6965 4,7534 4,693.8 4,615.9 4,634.9 4,612.1 4,6184

Plus: Receipts of factor income from the rest of the

2

143.3

153.2

142.7

134.9

Less: Payments of factor income to the rest of the

3

99.6

104.0

102.8

96.5

4491.1 4,6494 4,6525 4,668.7 4,7085 4,7195 4,7434 44255 4,6175 4496.6 4,787.7 4,7425 4401.4 4,7474 4,6585 44824 4,651.1 4,655.6

Equals: Gross national product

4

Less: Consumption of fixed capital
Private
Government

5
6
7
8
9

Equals: Net national product

10

4,171.7 4225.3 4,222.7 4228.9 4262.1 42705 4,290.6 4,162.8 4,149.7 42284 43164 4261.1 4,317.8 4248.2 4,163.9 4,185.0 4,137.0 4,136.9

Addenda:
Gross domestic income1
Gross national income2
Net domestic product

11
12
13

4,503.2 4,553.9 4,571.7 4,567.3 4,578.0 4,6022 4,618.3 4,510.7 4,521.1 4,625.3 4,697.9 4,674.7 4,743.0 4,676.1 4,618.0 4,652.0 4,617.4 4,608.0
4,542.1 4,599.3 4,618.6 4,620.4 4,641.8 4,665.6 4,682.4 4569.8 4,576.6 4,670.1 4,746.5 4,720.4 4,791.4 4,730.3 4,660.6 4,700.0 4,656.4 4,645.3
4,132.4 4,179.5 4,175.3 4,1752 4,197.3 4,206.6 4225.6 4,102.9 4,093.3 4,183.3 4,267.4 4214.8 4,268.9 4,193.2 4,120.9 4,136.3 4,097.6 4,099.3




433.5
345.7
88.0

438.3
350.5
87.9

443.4
355.4
88.1

451.5
363.4
882

458.1
369.7
88.3

460.2
371.8
88.5

464.1
375.4
88.7

4695
380.6
88.9

473.6
384.5
89.0

475.8
386.5
89.3

4802
390.8
89.5

4872
397.5
89.6

490.5
400.6
89.9

501.8
411.7
90.0

496.3
405.9
90.3
78.0
12.3

499.8
409.1
90.6
78.1
12.4

511.9
412.2
100.0
78.4
21 9

515.8
4242
91.4
78.8
126

Table 1.10.—Relation of Real Gross Domestic Product, Real Gross National Product, and Real Net National Product: Annual, 1929-94, and Quarterly,
1947-94—Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates)
1985

1984

1983
Line
1

III

II

W

1

Hi

II

IV

1

1986

II

III

IV

1

n

»l

IV

Gross domestic product

1

4,663.0

4,763.6

4,849.0

4,939.2

5,053.6

5,132.9

5,1703

5,203.7

5,2573

5283.7

5359.6

5,393.6

5,460.8

5,466.9

5,4963

5526.8

Plus: Receipts of factor income from the rest of the

2

128.0

134.4

142.7

147.9

152.8

163.0

166.8

158.8

141.2

143.9

135.7

141.0

141.8

137.6

131.2

128.0

3

89.6

92.2

99.2

102.4

112.9

122.9

127.1

124.5

117.7

116.3

116.5

116.6

121.2

124.3

116.7

121.6

4

4,700.1

4304.4

4,8913

43835

5,092.6

5,172.4

5,2095

5,237.5

52803

53103

5,378.4

5,4175

5,481.1

5,480.1

5,510.4

5533.1

5
6
7
8
9

509.3
417.5
91.8
79.0
12.7

515.6
423.3
92.4
79.5
12.8

526.2
433.2
93.0
80.1
13.0

550.8
456.8
93.8
80.7
13.1

532.3
437.7
94.6
81.4
13.2

533.2
437.7
95.5
82.2
13.3

545.2
442.8
102.6
83.0
19.8

556.0
458.3
97.5
83.9
13.6

552.4
453.8
98.6
84.8
13.8

559.0
459.3
99.7
85.8
13.9

569.6
468.7
100.9
86.8
14.1

576.0
474.0
102.0
87.8
14.2

578.1
475.0
103.1
88.8
14.4

584.3
479.9
104.4
89.9
14.5

590.2
484.6
105.5
90.9
14.7

595.9
489.1
106.8
91.9
14.8

10

4,190.9

4,290.0

4,365.6

4,429.6

4,563.4

4,643.6

4,6673

4,682.7

4,730.9

4,7543

4310.9

4343.2

4,905.6

43975

4,921.6

4,938.1

11
12
13

4,629.0
4,666.2
4,153.4

4,718.9
4,759.7
4,248.8

4,785.1
4,827.4
4,323.0

4,879.1
4,923.4
4,384.9

5,015.1
5,0542
4,524.0

5,120.2
5,159.8
4,603.8

5,179.3
5,218.4
4,627.5

5,218.9
5,252.6
4,648.5

5,271.9
5,294.9
4,707.8

5,288.3
5,315.4
4,727.0

5,355.6
5,374.5
4,791.9

5,366.8
5,390.7
4,819.2

5,454.5
5,474.8
4,885.3

5,437.9
5,451.1
4,884.4

5,451.7
5,465.9
4,907.5

5,491.5
5,497.7
4,931.9

I

II

III

IV

I

II

III

IV

I

II

III

IV

1

II

III

IV

55615

5,618.0

5567.4

5,750.6

5,785.3

5344.0

5,878.7

5,952.8

6,011.0

6,055.6

6,088.0

6,0935

6,152.6

6,1715

6,142.1

6,079.0

Less: Payments of factor income to the rest ol the
Equals: Gross national product

Government enterprises
Equals: Net national product
Addenda:
Net domestic product

1989

1988

1987
Line

1990

Gross domestic product

1

Plus: Receipts of factor income from the rest of the
world.
Less: Payments of factor income to the rest of the

2

131.6

140.9

144.2

150.7

165.0

165.2

170.4

180.3

185.8

193.6

189.8

190.6

1895

187.1

185.1

200.9

3

124.6

130.2

135.6

141.7

148.1

151.9

159.9

168.6

174.1

184.1

176.5

172.2

169.5

171.0

171.7

168.7

Equals: Gross national product

4

5568.7

5,628.7

5,676.0

5,759.6

5,8023

5,8575

5589.4

5,964.9

6,023.1

6,065.5

6,101.8

6,112.3

6,1725

6,1883

6,155.7

6,1113

5
6
7
8
9

601.3
493.4
108.0
93.0
14.9

606.8
497.7
109.1
94.0
15.1

612.1
501.9
110.2
95.0
15.2

617.4
506.1
111.2
95.8
15.4

622.5
510.3
112.1
96.6
15.5

627.7
514.5
113.1
97.5
15.7

632.7
518.7
114.1
98.3
15.8

6373
522.8
115.0
99.1
15.9

642.9
526.9
116.0
100.0
16.1

647.9
530.9
117.0
100.8
162

670.7
552.5
118.0
101.7
16.3

6732
553.3
119.8
102.5
17.3

662.7
542.6
120.1
103.5
16.6

667.2
546.1
121.1
104.3
16.8

671.5
549.5
122.0
105.1
16.9

675.6
552.6
123.0
105.9
17.0

10

43682

53233

5,065.0

5,143.9

5,1812

5,2313

5,2583

53283

53823

5,419.7

5^313

54383

5,511.6

5521.9

5,484.9

5,4353

11
12
13

5,550.1
5,556.9
4,961.4

5,632.6
5,643.4
5,012.3

5,703.2
5,711.9
5,056.4

5,785.4
5,794.4
5,134.9

5,836.7
5,853.7
5,164.1

5,897.0
5,910.4
5,217.9

5,937.9
5,948.6
5,247.3

6,009.0
6,020.9
5,316.8

6,033.7
6,045.8
5,3702

6,044.8
6,054.7
5,409.8

6,060.6
6,074.4
5,4172

6,050.9
6,069.6
5,420.1

6,104.3
6,124.4
5,491.3

6,151.5
6,167.9
5,505.6

6,123.4
6,137.0
5,471.3

6,090.5
6,122.9
5,403.4

III

IV

I

I
I

Government enterprises
Equals: Net national product
Addenda:
Net domestic product

I

I
I

IV

1994

1993

1992

1991
Line

IV

Gross domestic product

1

6,047.5

6,074.7

6390.1

6,105.3

6,175.7

6,2142

6,260.7

6327.1

63273

6359.9

6393.5

6,4763

65245

6,6003

Plus: Receipts of factor income from the rest of the
world.
Less: Payments of factor income to the rest of the
world.

2

181.4

161.5

152.0

149.4

141.9

143.5

133.4

132.7

143.3

145.6

149.3

150.8

155.3

161.3

3

154.7

149.9

143.0

135.2

125.6

132.6

123.9

125.2

119.9

129.6

127.5

138.0

139.3

152.3

Equals: Gross national product

4

63743

6,086.4

6,099.2

6,1193

6,192.0

6225.2

6.270.3

6,3345

63513

63755

6,4153

6,489.7

6,5405

Less: Consumption of fixed capital

5

679.5

555.6
123.9
106.7
17.2

683.0
558.3
124.8
107.5
17.3

686.2
560.6
125.6

690.9
564.5
126.5
108.8
17.7

694.3
566.5
128.0
110.1
17.9

768.5
639.3

700.3
571.1
129.3
111.1

712.6
582.8
129.8
111.5
18.3

706.7
576.4
130.3
111.8
185

720.6
589.9
130.7

17.5

695.3
568.9
126.4
108.8
17.6

18.6

714.6
583.5
131.1
1123
18.8

800.0
667.4
132.6
112.5
20.2

724.4
592.7
131.7
112.7
19.0

5,6693

5,694.7

5,7743

5,741.1

5384.7

6,314.1
6.330.1
5.653.2

6,347.4
6,369.2
5,672.9

6,433.3
6,446.2
5,762.0

6,518.5
6,534.5
5,725.1

6,559.8
6,568.8
5,875.7

Government
General government
Government enterprises

6
7

8
9

108.2

128.8

110.7
18.0

18.2

Equels: Net national product .

10

53943

5,4033

5,4133

5,4243

5,501.9

5531.6

5.499.4

5,635.1

Addenda:
Gross domestic income'
Gross national income2
Net domestic product

11
12
13

6,052.9
6,079.7
5,367.9

6,067.5
6,079.3
5,391.8

6.071.2
6.080.3
5,404.2

6,084.8
6,099.1
5,410.0

6,151.0
6,167.3
5,4855

6,176.7
6,187.7
5,520.7

6208.2
6217.7
5,489.9

6,263.0
6.270.5
5.627.6

1. Gross domestic income deflated by the implicit price deflator for gross domestic product.
2. Gross national income deflated by the implicit price deflator for gross national product.




6,258.2
6,281.5
5,615.5

1 20
1.

NOTE.—Except as noted in footnotes 1 and 2, chained (1992) dollar series are calculated as the product of the
chain-type quantity index and the 1992 current-doUar value of the corresponding series, divided by 100. Because
the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chaineddollar estimates are usually not additive.
Chain-type quantity indexes for the series in this table appear in table 7.3.

Table 1.11.—Command-Basis Real Gross National Product: Annual, 1929-94, and Quarterly, 1947-94
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
Line
Gross national product

1

Less: Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of factor income >.

4

Addendum:
Terms of trade2

5

Gross national product

1

Less: Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of factor income

1930

1931

1934

1933

1932

1935

1937

1936

1938

1941

1942

1943

1944

1945

944.2

1939

1,105.9

1,312.7

1,526.3

1,648.2

1,629.3

1940

796.8

725.4

678.5

588.0

580.3

790.2

685.9

645.9

562.4

555.5

616.9

672.8

762.1

797.0

767.8

831.0

901.1

1,061.1

1,282.0

1,500.0

1,619.9

1,591.2

132.0

140.7

139.6

150.6

156.6

158.7

159.9

153.9

146.7

151.2

142.3

143.8

148.2

154.5

155.6

164.3

159.7

643.7

701.4

792.4

835.0

804.9

870.3

2

Equals: Command-basis gross national product

1929

2

3

Line

Equals: Command-basis gross national product
Addendum:
Terms ol trade2

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

1,4525

1,4375

1,4985

1,486.8

1,619.1

1,743.7

1,809.0

1,891.0

1578.6

2,012.9

2,053.2

2,092.4

2,069.2

2,222.0

2,276.0

2,329.1

2,4715

1,373.7

1,470.8

15235

1510.0

1,633.6

1,754.2

1,823.0

1,908.0

15943

2,0325

2377.0

2,1213

2,098.4

2351.2

23112

2367.2

2514.0

141.3

137.2

133.2

131.8

121.7

113.4

118.2

123.2

120.5

122.5

124.2

127.2

131.6

131.0

131.4

133.1

134.8

3
..

4
5
Line

Gross national product

1

Less: Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of factor income

1963

1964

1966

1965

1967

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

3,3145

3,4135

3,417.1

3,532.1

3,7263

3,950.1

3530.2

3,9033

4,1185

4,3145

4543.7

4,687.4

1968

2,577.3

2,727.8

2,901.4

3,087.8

3,166.4

25205

2,7735

2,951.7

3,142.2

3,229.1

3584.1

3,4885

3,496.1

3,6065

3,796.7

4,023.7

3,959.4

3,935.6

4,155.0

4,3375

4,566.4

4,6955

132.4

130.8

133.0

133.9

138.2

139,2

140.1

138.3

135.4

131.1

126.4

109.0

110.7

111.2

106.9

106.2

101.9

2

Equals: Command-basis gross national product
Addendum:
Terms of trade2

3
4
5
Line

Gross national product

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1

4,670.8

4,7695

4,662.0

43443

5,178.0

5346.7

5501.2

5,658.2

55785

6,075.7

6,157.0

65945

62555

6,408.0

6,619.1

2
factor income from the rest of the world.

450.2

437.2

482.2

474.4

494.8

542.2

633.6

707.5

753.1

760.5

777.3

805.5

881.1

3

434.1

438.8

4932

490.5

507.0

541.8

636.0

707.9

743.9

762.6

777.4

814.7

895.1

and receipts of factor income >.
Equals: Command-basis gross national product

4

4,630.1

4,7365

4,646.0

4546.4

5,189.0

5,362.7

5513.4

5,657.8

55805

6,076.0

6,147.7

6,096.9

6,255.6

6,417.3

6,6332

Addendum:
Terms of trade2

5

91.4

93.1

96.4

100.4

102.3

103.4

102.5

99.9

100.4

100.1

98.8

100.3

100.0

101.1

101.6

1947

1948

1949

1950

1951

Line
1
1
Less: Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of factor income'.

4

III

1,408.6 1430.9

IV

1

II

III

IV

1

II

III

1,443.7 1,4645 1,4815 15015 1504.9 1,506.8 1,487.6 1,4815

IV

I

II

III

1,4975 1,480.7 1,5445 15915

IV

1

1552.7 13872

II

1,701.2 1,733.7

2

Equals: Command-basis gross national product

II

3
1,446.7 1,4665 1,476.4 1,4933 1,5073 1525.4 15294

1,530.6 15135 1506.6 1520.0 1,4994 1,560.8 1,606.6 1,667.1 1,700.0 1,711.9 1,743.8

Addendum:
5

140.3

137.9

136.1

134.9

1951

133.4

132.7

III

IV

133.1

133.3

1952

133.2

132.4

III

IV

131.1

129.7

1953

125.5

123.6

III

IV

121.6

118.0

1954

114.5

112.3

III

IV

1955

Line
III
1
Less: Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of factor income >.

4

I

II

1,7684 1,771.6 1,7895 1.7C93 13012

1

II

1556.1 1,892.4 1,907.7 15965

1

15673

II

1359.9 13584

1

II

1,879.0 1,917.1 1,971.3 2,005.9 2,031.8 2,042.4

2

Equals: Command-basis gross national product

IV

3
1,7785 1,782.7 1,8032 1502.9 1515.0 15712 1508.6 1,924.8 1,9142 1,8843 1,8745 1374.6 1,894.4 1,9335 1,989.4 2,0242 2,051.6 2,062.8

Addendum:
5

112.1

113.3

115.8

117.3

III

IV

118.9

120.6

122.5

123.4

III

IV

123.7

123.3

1957

1956

1212

120.5

III

IV

120.1

120.2

1958

121.6

122.2

III

IV

122.8

1959

123.2

1960

Line
1
1
Less: Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts ol factor income'.

4

2537.0 2,0505 2,047.1 25785

I

II

I

II

1

II

2,091.7 2,0872 2,1085 2,082.2 2,0245 2,036.7 23833 2,131.9 2,176.2 22345 22335

I

II

2,243.9 2,291.6 2,2782

2

Equals: Command-basis gross national product

II

3
25585 2,074.1 2,0715 2,103.7 2,120.1 2,1162 2,1375 2,1115 2,0525 2,065.7 2,1135 2,1625 2,2033 2,262.7 22643 22745

23253 2,3133

Addendum:
5

123.4

123.8

124.3

125.0

125.7

NOTE TO USERS: See the cautionary note on page 6 concerning comparisons of chained (1992) dollar estimates.
See footnotes and note at the end of the table.




126.7

127.7

128.8

130.4

131.4

132.1

132.4

130.8

130.9

131.2

131.2

131.7

131.4

Table 1.11.—Command-Basis Real Gross National Product: Annual, 1929-94, and Quarterly, 1947-94—Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
1960

1962

1961

1963

1964

Line
III
1
Less: Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of factor income'.

4

I

II

III

2,2815 2352.7 2,2663 23063

IV

I

II

III

IV

1

II

III

IV

I

II

III

IV

2347.1 2395.9 2,437.4 2,464.4 2,488.4 2,495.9 2526.9 2,555.5 2,604.0 2,6225 2,6865 2,716.8 2,7495 2,758.1

2

Equals: Command-basis gross national product

IV

3
2,317.4 2,2885 23035 2343.3 23855 2,436.1 2,479.1 2,507.1 2531.7 2,5385 2,568.2 25985

2,6465 2,6665 2,731.7 2,760.2 2,795.7 2,806.1

Addendum:
5

1313

131.1

131.6

133.3

III

IV

133.2

134.2

1965

135.7

134.3

III

IV

134.8

134.4

133.6

132.9

III

IV

131.9

131.4

1967

1966

130.6

129.9

III

IV

131.0

1968

131.8

1969

Line
I
1
Less: Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of factor inoome'.

4

1

II

I

II

1

II

1

II

25305 23682 2,918.9 25885 3,061.1 3,074.2 3,094.7 3,121.4 3,145.9 3,147.7 3,174.4 3,1975 3,256.2 33125 3,3373 3352.2 3,402.8 3,410.3

2

Equals: Command-basis grass national product

II

3
2376.4 2,9213 2,969.8 3,039.3 3,113.4 3,125.9 3,1493 3,1795 3,2083 3209.7 3236.6 3,262.0 3,3225 3382.9 3,408.6 3,422.2 3,4693 3,487.6

Addendum:
5

133.5

133.9

1332

1969

132.8

132.6

III

131.6

IV

134.5

135.8

137.9

138.1

III

IV

138.1

1971

1970

138.9

140.4

III

138.8

IV

138.8

138.8

1972

140.0

139.6

III

IV

1973

Line
III
1
Less: Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of factor income >.

4

I

II

I

II

1

II

1

II

3,4285 3,411.4 3,4065 3,411.9 3,442.9 3,407.4 35035 3524.3 3544.7 3,556.0 3,627.9 3,710.7 3,7512 3515.3 3,9215 3,950.4 3544.1 3,984.4

2

Equals: Command-basis grass national product

IV

3
3507.3 3,4905 3,4865 3,4965 3,519.6 3,482.6 35795 3,601.1 3,620.2 3,623.4 3,701.8 3,779.1 3,819.0 3586.9 3,998.6 4,021.0 4,019.4 4,055.7

Addendum:
5

140.5

139.5

140.4

III

140.1

IV

137.0

136.3

1974

136.7

136.7

III

IV

134.7

133.7

1975

133.7

131.4

III

IV

129.7

129.7

1976

129.0

125.2

III

IV

1262

1977

124.0

1978

Line
I
1
Less: Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of factor income

4

1

II

I

II

I

II

1

II

3,952.4 35645 3,9175 3586.1 3,8273 3,8615 3,936.1 3,987.9 4,0785 4,107.9 4,1245 4,163.7 4,219.4 4302.2 4371.2 4365.0 4,388.6 4,546.1

2

Equals: Command-basis grass national product

II

3
45003 3,986.0 3,938.9 3,912.1 35572 3589.1 3,970.1 4,025.9 4,116.6 4,144.7 4,1585 4200.1 4,248.0 4327.3 43913 4383.2 44075 4,5665

Addendum:
5

115.3

106.7

106.9

108.4

1978

109.8

109.3

III

IV

111.4

112.0

112.0

111.5

III

IV

110.3

111.0

1980

1979

108.7

107.4

III

IV

105.9

105.5

1981

105.6

105.6

III

IV

1982

Line
III
1

IV

1

II

1

II

1

II

I

II

4591.1 4,6495 4,652.6 4,668.7 4,7085 4,7195 4,743.0 4,6255 4,6175 4,6965 4,787.7 4,7425 4,801.4 4,747.9 4,6585 4582.9 4,651.1 4,655.6

Less: Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of factor income'.

2

459.7

4702

446.0

424.8

3

437.5

453.7

432.1

413.0

Equals: Command-basis grass national product

4

4,6132 45775 4,678.8 45895 4,7105 4,703.0 4,7063 4,5812 45745 45585 4,7485 4,702.9 4,773.9 4,7215 4,6365 4,6665 45375 4,643.9

Addendum:
5

105.8

107.1

106.5

105.0

III

IV

100.5

96.4

1983

92.3

90.6

90.6

91.8

III

IV

I

II

1984

91.8

91.8

94.3

94.4

III

IV

1

II

1985

95.2

96.5

969

III

IV

I

1986

97.2

1987

Line
I
Gross national product
Less: Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of factor income'.

1

1

II

II

4,700.1 45044 43913 45835 5,0925 5,172.4 52095 5,2375 52803 53103 5376.4 5,4175 5,481.1 5,480.1 5510.4 5533.1 5,568.7 5,628.7

2

424.1

430.3

441.9

452.6

464.4

481.7

491.5

491.3

476.5

4775

464.7

479.1

490.2

491.1

493.6

504.4

507.9

532.7

3

421.6

429.9

4432

460.4

472.0

489.8

504.7

506.3

497.4

496.2

481.4

486.8

495.4

508.1

507.4

517.1

512.0

532.9

Equals: CommamH>asls gross national product

4

Addendum:
Terms of trade2

5




II

4,697.7 4504.1 4,8925 43913 5,1002 5,1805 52225 5,2524 53013 53295 53952 5,425.2 5,4864 5,497.1 5524.2 55455 55725 5,6285
99.4

99.9

1003

101.7

101.6

101.7

102.7

103.0

104.4

103.9

103.6

101.6

101.1

103.5

102.8

102.5

100.8

100.0

Table 1.11.—Command-Basis Real Gross National Product: Annual, 1929-94, and Quarterly, 1947-94—Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
1989

1988

1987

1990

1991

Line
III
Grass national product
Less: Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of factor income

1

I

IV

III

II

IV

1

II

III

IV

I

II

III

IV

I

II

III

IV

5,676.0 5,759.6 5,802.3 5,857.5 5589A 5,964.9 6,023.1 6,0655 6,1015 6,112.3 6,172.8 6,188.0 6,155.7 6,1115 6,0745 6,086.4 65992 6,1195

2

553.7

574.6

611.5

624.5

637.4

661.1

685.1

712.8

708.5

723.7

742.6

752.2

745.1

772.6

752.4

761.4

755.5

772.8

3

549.9

572.3

608.1

622.6

646.9

666.3

687.3

709.7

711.8

722.7

7352

757.6

738.0

744.7

744.3

766.6

763.4

776.0

Equals: Command-basis gross national product

4

Addendum:
Terms of trade2

5

5,672.2 5,757.3 5,798.9 53555 5,899.0 5,970.1 6,0252 6,0625 6,105.1 6,111.3 6,165.4 6,193.4 6,148.6 6,083.4 6,0662 6,091.6 6,107.1 6,122.7
99.3

99.6

99.4

99.7

101.5

100.8

100.3

99.6

100.5

1992

99.9

99.0

100.7

99.0

96.4

98.9

1993

100.7

101.0

100.4

1994

Line
I

II

III

IV

I

6,270.3

6,334.6

II

III

IV

1

II

III

IV

6,351.3

6,375.9

6,4153

6,489.7

65405

6,6093

6,635.6

6,691.2

Gross national product

1

6,192.0

6,225.2

Less: Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of factor income

2

775.0

779.4

773.1

781.8

790.5

805.7

795.8

829.9

831.4

865.5

895.5

932.0

3

781.1

782.9

766.5

779.2

798.4

810.8

806.5

843.4

852.2

881.3

904.2

942.8

Equals: Command-basis gross national product

4

6,198.1

6,228.7

6,263.7

6,3325

6,359.1

6581.0

6,426.0

6503.1

6,561.2

6,625.1

6,644.3

6,702.1

Addendum:
Terms of trade2

5

100.8

100.4

99.1

99.7

101.0

100.6

101.3

101.6

102.5

101.8

101.0

101.2

1. Exports ol goods and services and receipts of factor income deflated by the implicit price deflator lor imports
of goods and services and payments of factor income.
2. Ratio of the implicit price deflator for exports of goods and services and receipts of factor income to the
corresponding implicit price deflator for imports with the decimal point shifted two places to the right.
NOTE.—Chained (1992) dollar series are calculated as the product of the chain-type quantity index and the 1992




current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
Percent changes from preceding period for selected items in this table are shown in table 8.1.
Chain-type quantity indexes for the series in this table appear in table 7.3.

Table 1.12.—Net Domestic Product by Sector: 1929-94
[Billions of dollars]
Line
Net domestic product

1

1929

Nonfarm'
Nonlarm less housing
Housing
Farm
Households and Institutions
Private households
Nonprofit institutions
General government2

1932

1933

1934

1936

1935

1937

1939

1938

1941

1940

1942

1943

1944

1945

81.6

674

504

48.9

58.2

65.4

75.7

83.0

76.7

824

91.7

60.7

444

42 4

504

57.6

664

734

66.9

72.9

81.4

103.7

130.0

153.1

164.3

162.6

67.3
61.6
5.7
5.6

75.7
69.9
5.8
5.7

95.6
89.4
6.2
8.1

117.8
111.0
6.8
12.1

138.7
131.5
7.2
14.4

149.9
142.5
7.5
14.3

147.6
140.0
7.6
14.9

3
4
5
6

78.1
70.5

67.6
60.2
7.4
6.9

55.1
48.2
7.0
5.6

40.6
34.3
6.3
3.8

38.4
33.1
5.3
4.0

46.7
41.9
4.8
4.1

51.2
46.4
4.8
6.4

60.5
55.6
4.9
5.8

66.2
61.1
5.1
7.6

61.1
55.5

115.7

148.1

181.9

2004

202.1

7

2.9

2.7

24

1.9

1.7

14

1.9

24

24

2.2

24

2.4

2.5

2.9

3.2

3.7

4.1

8
9

1.7
1.1

1.5
1.2

1.1
1.1

.8
1.0

.7
.9

.9
1.0

.9
1.0

1.0
1.0

1.2
1.1

1.0
1.1

1.1
1.1

1.2
1.2

1.2
1.3

1.5
1.4

1.6
1.6

1.9
1.8

2.1
2.0

10

4.4

4.6

4.7

45

4.7

5.6

6.0

7.3

6.9

7.7

7.6

74

95

15.2

25.6

324

354

.9
3.6

1.0
3.7

.9
3.6

1.2
3.5

1.7
3.9

1.8
4.2

3.6
3.7

3.1
3.9

4.1

3.5
4.2

3.5
4.3

5.1
4.4

10.7
4.5

21.0
4.7

27.3
4.9

30.0
5.4

11
12

Federal
State and local

1931

74.4

94.2

2

Business'

1930

Line

1946

1947

1949

1948

1950

1953

1952

1951

1954

1956

1955

1957

1958

1959

1960

1

1985

2184

2414

2334

264.7

306.0

322.3

340.8

470.0

486.7

524.8

2

171.9

195.5

217.7

212.6

237.0

2715

2834

300.9

299.6

328.5

343.8

359.9

360.4

3954

408.0

420.7

453.7

Nonfarm'
Nonfarm less housing
Housing
Farm

3
4
5
6

154.3
146.5
7.8
17.7

176.8
168.7
8.1
18.7

196.3
187.1
9.1
21.5

196.0
185.6
10.4
16.6

219.5
207.8
11.7
17.5

251.1
237.9
13.2
20.2

264.3
249.2
15.1
19.3

283.9
266.7
17.2
17.1

283.1
263.9
19.2
16.5

312.9
292.2
20.7
15.5

328.6
306.3
22.3
15.2

344.9
320.5
24.4
14.9

343.5
316.9
26.6
16.9

380.1
351.0
29.1
15.3

391.9
360.1
31.7
16.1

404.3
370.1
34.2
16.4

437.3
400.2
37.1
16.4

Households and Institutions

7

4.5

5.1

54

5.9

65

6.9

72

74

8.1

9.1

9.9

10.6

115

12.4

13.9

145

15.6

8
9

2.1
2.4

2.4
2.8

2.4
3.2

2.4
3.6

2.6
3.9

2.7
4.3

2.6
4.6

2.7
5.1

2.6
5.5

3.1
6.1

3.3
6.6

3.3
7.3

3.5
8.0

3.6
8.9

3.8
10.1

3.7
10.7

3.8
11.8

10

22.4

17.6

18.1

20.1

21.2

27.7

315

32.4

33.0

344

37.2

394

42.9

44.9

48.1

51.6

555

11
12

16.2
6.2

10.3
7.3

9.6
8.5

10.7
9.4

11.1
10.1

16.6
11.2

19.3
12.3

19.1
13.3

18.3
14.7

19.0
15.8

19.6
17.6

20.2
19.6

21.3
21.6

21.7
23.1

22.6
25.5

23.7
27.9

25.2
30.2

Net domestic product

Private households
Nonprofit institutions
General government2
Federal
State and local

Line

1963

1964

1967

1966

1965

4144

452.6

1971

1972

1973

1974

1975

1976

1977

1978

9285

1,008.9

1,109.6

1,242.6

1434.3

1,4424

1,612.9

1,7984

2,033.1

2,260.7

1979

Nonfarm'
Nonfarm less housing
Housing
Farm ,
Households and Institutions
Private households
Nonprofit institutions
2

1

554.4

5974

648.9

8204

883.9

2

Net domestic product
Business1

7514

1970

1969

1968

711.9

410.2

1962

372.4

Business'

390.9

1961

3414

478.4

514.8

560.3

6124

6405

6964

746.9

776.8

842.4

9275

1,044.2

1,117.5

1,200.4

1,349.5

1,510.9

1,718.9

1,917.1

3
4
5
6

461.9
422.3
39.6
16.5

499.5
457.6
41.9
15.2

542.7
498.0
44.7
17.6

593.9
546.5
47.4
18.3

623.1
572.6
50.6
17.4

679.4
625.9
53.5
17.5

727.3
669.9
57.4
19.6

756.5
695.0
61.5
20.3

820.7
753.8
66.9
21.7

901.6
830.2
71.4
25.9

1,001.9
924.0
77.9
42.3

1,078.7
994.7
84.1
38.8

1,161.9
1,071.9
90.0
38.5

1,314.5
1,216.2
98.3
35.1

1,476.4
1,367.4
109.0
34.5

1,678.2
1,557.6
120.6
40.6

1,868.9
1,733.8
135.1
48.3

7

16.7

17.9

194

214

234

26.1

295

324

35.6

39.0

43.0

47.2

52.0

57.1

62.4

69.8

774

a
9

3.8
12.8

3.9
14.0

4.0
15.3

4.0
17.2

4.2
19.2

4.4
21.7

4.4
25.0

45
27.9

4.6
31.1

4.6
34.3

4.8
38.2

4.6
42.6

4.6
47.4

5.4
51.7

5.9
56.5

6.5
63.2

6.4
71.0

Federal
State and local

10

59.3

64.4

69.3

78.4

87.4

974

1075

1194

130.9

143.1

155.4

169.7

1895

2064

224.9

2445

2665

11
12

General government

26.5
32.9

28.5
35.9

30.0
39.3

34.3
44.1

37.9
49.5

41.9
55.9

44.9
62.6

48.3
71.1

51.7
79.3

55.4
87.7

57.4
97.9

62.0
107.6

68.4
121.1

73.3
132.9

79.9
145.0

85.8
158.7

91.8
174.5

Line
Net domestic product

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1

2,444.9

2,727.4

2,8175

3,069.2

3,441.0

3594.1

3,904.3

4,146.6

4,467.4

4413.2

5,0924

5,236.8

5,530.9

5,830.2

6,1695

2

Business'
Nonfarm less housing
Farm ..

2,062.1

2,304.6

24565

2,574.2

2,8934

3,108.8

3,279.6

3,4725

3,741.1

4,033.0

4,2464

4335.0

4581.0

4,8395

5,1423

,1
4
5
6

2,024.7
1,866.2
158.5
37.4

2,255.1
2,071.4
183.8
49.4

2,312.8
2,108.9
203.9
43.7

2,546.3
2,327.5
218.8
27.9

2,851.3
2,609.4
241.9
47.4

3,062.4
2,795.8
266.6
46.4

3237.1
2,946.8
290.3
42.5

3,427.8
3,114.4
313.4
44.8

3,697.7
3,356.7
341.0
43.3

3,977.9
3,613.5
364.4
55.1

4,188.5
3,792.6
395.9
57.8

4,284.5
3,866.1
418.4
50.5

4,523.7
4,086.3
437.4
57.3

4,789.9
4,333.3
456.6
49.7

5,082.5
4,605.5
477.0
59.8

Private households
Nonprofit institutions

312.7

2

General government
State and local

7

87.1

97.6

108.2

119.2

131.2

140.9

153.7

173.3

195.1

2144

237.9

257.4

279.1

2965

a
9

6.1
81.0

6.2
91.5

6.3
102.0

6.3
112.9

7.3
123.9

7.3
133.6

7.7
145.9

7.7
165.6

8.3
186.8

8.9
205.7

9.4
228.5

9.1
248.3

10.1
269.0

10.7
285.8

11.0
301.7

10

295.6

325.2

353.1

375.8

411.0

4444

471.1

500.7

5314

565.6

608.1

644.3

6704

694.2

7145

11
12

Households and institutions

102.5
193.1

115.1
210.1

125.3
227.8

132.3
243.5

149.4
261.7

159.0
285.4

163.1
308.0

171.2
329.5

177.5
353.7

185.4
380.2

194.1
413.9

206.5
437.9

210.9
460.0

211.4
482.8

208.3
506.2

1. Net domestic business product equals net domestic product less net product of households and institutions
and of general government. Net nonfarm product equals net domestic business product less net farm product.

2. Equals compensation of general government employees as shown in table 3.7.

Table 1.13.—Real Net Domestic Product by Sector: 1982-94
[Billions of chained (1992) dollars]
Line

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1

4,113.5

4,277.5

4,601.0

4,761.5

4,902.2

5,041.3

5,236.5

5,404.3

5,467.9

5,393.5

5,530.9

5,675.9

5,863.5

2

3343.6

3,4994

3308.6

3,9494

4,0674

4,185.9

43513

4,4924

4533.2

4,448.2

4581.0

4,715.5

43963

Nonfarm'
Nontarm less housing
Housing
Farm...

3
4
5
6

3,305.5
2,964.3
346.0
37.2

3,497.4
3,152.7
346.7
18.7

3,781.3
3,419.7
362.0
32.8

3,907.2
3,535.5
371.9
42.3

4,028.3
3,648.9
379.3
40.7

4,145.0
3,754.0
391.0
42.3

4,319.3
3,913.6
405.5
36.2

4,451.5
4,036.9
414.4
43.3

4,485.9
4,059.9
425.9
47.8

4,399.7
3,966.2
433.6
48.7

4,523.7
4,086.3
437.4
57.3

4,667.2
4221.5
445.7
48.3

4,833.8
4,380.6
4532
62.9

Households and Institutions

7

188.0

192.3

197.1

2034

213.5

224.1

240.6

2534

264.1

272.1

279.1

290.1

2975

8
9

7.6
180.4

7.6
184.8

8.7
188.2

8.7
194.6

9.0
204.3

8.9
215 2

9.5
231.0

10.1
243.3

10.2
253.8

9.4
262.6

10.1
269.0

10.3
279.8

10.4
287.5

10

590.7

590.9

594.8

6084

6204

630.2

643.8

657.0

670.1

673.4

670.8

670.4

669.9

11
12

206.3
384.6

209.4
381.6

211.5
383.5

214.4
393.7

214.3
4062

216.8
413.6

216.4
427.5

216.7
440.5

218.9
451.3

210.9
460.0

204.0
466.4

195.1
474.8

13

-12.9

-24.0

-5.4

.4

^5

-.5

-32

-.9

.1

218 2
455.3
-.5

Net domestic product
Business'

Private households
Nonprofit institutions
2

General government
Federal
State and local
Residual

1. Net domestic business product equals net domestic product less net product of households and institutions
arid of general government. Net nonfarm product equals net domestic business product less net farm product.
2. Equals compensation of general government employees as shown in table 3.8.




1994

-14

NOTE.—Chained (1992) dollar series are calculated as the product of the chain-type quantity index and the 1992
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.
The residual line is the difference between the first line and the sum of the most detailed lines.

Table 1.14.—National Income by Type of Income: Annual, 1929-94, and Quarterly, 1946-94
(Billions of dollars; quarters seasonally adjusted at annual rates]
Line

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1945

1

86.5

753

60.1

43.7

41.2

50.1

573

65.7

733

673

72.8

81.1

104.2

1375

1713

Compensation of employees
Wage and salary accruals
Government
Other
Supplements to wages and salaries
Employer contributions lor social insurance
Other labor income

2
3
4
5
6
7
3

51.1
50.5
5.0
45.5
.7
.1
.5

46.9
46.2
5.2
41.0
.7
.1
.5

393
39.2
5.3
33.9
.6
.2
.5

31.1
30.5
5.0
25.5
.6
2
.4

29.6
29.0
5.2
23.9
.6
2
.4

343
33.7
6.1
27.6
.6
.2
.4

37.4
36.7
6.5
30.2
.7
.2
.4

433
42.0
7.9
34.1
1.0
.5
.5

463
46.1
7.5
38.6
13
1.3
.5

453
43.0
8.3
34.8
2.0
1.5
.5

48.2
46.0
8.2
37.7
2.2
1.6
.6

52.2
49.9
8.5
41.4
2.3
1.7
.6

643
62.1
10.2
51.9
2.8
2.0
.7

85.3
82.1
16.0
66.1
3.2
2.4
.9

109.6
105.8
26.6
79.2
3.8
2.7
1.1

121.3
116.7
33.0
83.8
4.5
3.0
1.5

1233
117.5
34.9
82.6
5.8
4.0
1.8

Proprietors' income with inventory valuation and
capital consumption adjustments.
Farm
Proprietors' income with inventory valuation
adjustment.
Capital consumption adjustment
Nonfarm
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment

9

14.9

11.7

9.0

5.6

5.8

76

10.7

11.0

13.1

11.2

11.7

12.9

17.3

24.1

29.1

30.3

31.7

10
11

6.2
6.3

4.4
4.5

3.5
3.6

2.1
22

2.6
2.6

2.9
3.0

5.3
5.3

4.3
4.4

6.1
6.1

4.4
4.5

4.4
4.5

4.5
4.5

6.4
6.6

10.1
10.3

12.0
12.2

12.0
12.2

12.4
12.7

12
13
14
15
16

-.2
8.7
8.9
.1
-.4

-.1
7.3
6.9
.8
-.4

-.1
5.6
5.3
.6
-.3

0
3.5
3.4
.3
-.2

0
3.2
4.0
-.5
-.3

-.1
4.6
4.9
-.1
-.2

-.1
5.4
5.6
-.1
-.2

-.1
6.6
6.9
-.1
-.1

-.1
7.1
7.3
0
-.2

-.1
6.8
6.8
.2
-.2

-.1
7.3
7.7
-.2
-.2

-.1
8.4
8.6
0
-.2

-.1
10.9
11.7
-.6
-.2

-.2
14.0
14.5
-.4
-.1

-.2
17.0
17.2
-.2
0

-.3
18.3
18.3
-.1
.1

-.3
19.3
19.3
-.1
.1

National income

Rental income of persons with capital consumption
adjustment.
Rental income of persons
Capital consumption adjustment

184.2

183.2

17

5.6

4.9

4.0

3.2

25

2.1

22

23

2.6

3.1

33

3.4

4.0

5.0

5.6

5.9

6.1

18
19

6.0
-.4

5.3
-.4

4.3
-.3

3.2
-.1

2.5
-.1

2.3
-.2

2.3
-.1

2.5
-2

2.8
-.3

3.4
-.3

3.6
-.3

3.8
-.4

4.5
-.5

5.6
-.5

6.2
-.6

6.6
-.8

7.0
-.9

20

10.3

73

25

-6

-5

2.1

36

53

6.6

45

6.1

9.4

14.9

20.0

24.4

24.5

20.0

-.4
-1.5
.4
-1.9
2.5
-4.4
1.0
-.2

-.4
1.7
.5
12
2.0
-.8
-2.1
-.1

2.5
3.1
.7
2.3
2.6
-.2
-.6
-.3

4.0
4.2
1.0
3.3
2.8
.4
-.2
-.4

6.2
6.9
1.4
5.5
4.5
1.0
-.7
-.4

7.4
7.5
1.5
5.9
4.7
1.3
0
-.8

5.4
4.4
1.0
3.4
3.2
.2
1.0
-1.0

6.9
7.6
1.4
6.2
3.8
2.4
-.7
-.8

10.2
10.4
2.8
7.6
4.0
3.6
-.2
-.9

15.9
18.3
7.6
10.7
4.4
6.3
-2.5
-1.0

20.8
22.0
11.4
10.6
4.3
6.4
-1.2
—.9

24.8
25.6
14.1
11.5
4.5
7.0
-.8
—.4

24.2
24.5
12.9
11.5
4.6
6.9
-.3
.3

19.5
20.0
10.7
9.3
4.7
4.7
-.6
.6

3.9

3.9

3.7

3.6

35

35

3.2

3.2

3.1

2.7

2.3

2.1

Corporate profits with Inventory valuation snd
capital consumption adjustments.
Corporate profits with inventory valuation adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends...
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment

21
22
23
24
25
26
27
28

11.1
10.6
1.4
9.2
5.8
3.4
.5
-.8

7.6
4.3
.8
3.4
5.5
-2.0
3.3
-.6

2.8
.4
.5
-.1
4.1
-4.2
2.4
-.3

Net interest

29

4.6

4.8

4.8

4.4

3.9

30

8.9

6.2

2.0

-1.0

-1.1

1.4

2.7

4.4

5.1

3.4

4.7

6.5

7.3

8.5

10.4

11.6

9.3

4.0

4.1

5.1

5.1

5.6

7.4

8.3

10.5

12.0

13.2

11.0

Addenda:
Corporate profits after tax with inventory valuation
and capital consumption adjustments.
Net cash flow with inventory valuation and capital
consumption adjustments.
Undistributed profits with inventory valuation and
capital consumption adjustments.
Consumption of fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow

31

8.5

5.9

2.8

.8

1.0

2.9

32

3.1

.7

-2.1

-3.5

-3.1

-1.2

-.2

-.1

.5

,3

.9

2.5

2.8

4.3

5.9

6.9

4.7

4.8
2.4
.4

4.3
1.0
-.3

4.1
-2.1
3.1

4.1
-.6
3.6

4.2
-.2
4.2

4.2
-.7
4.8

4.5
0
5.1

4.8
1.0
4.1

4.7
-.7
6.4

4.9
-.2
7.6

5.5
-2.5
10.8

6.3
-1.2
11.7

6.1
-.8
12.8

6.2
-.3
13.4

6.3
-.6
11.6

33
34
35
Line

5.3
.5
8.0
1946

5.2
3.3
2.6
1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

1

Proprietors' income with inventory valuation and
capital consumption adjustments.
Proprietors' income with inventory valuation
adjustment.

198.7

2233

217.2

241.7

2793

294.3

3093

3093

340.1

3603

377.1

3795

413.9

429.8

4443

479.0

2
3
4
5
6
7
8

119.6
112.0
20.7
91.3
7.6
5.7
2.0

130.1
123.1
17.5
105.6
7.0
4.6
2.4

142.1
135.5
19.0
116.5
6.5
3.8
2.7

142.0
134.7
20.8
113.9
7.3
4.3
2.9

155.4
147.2
22.6
124.6
82
4.5
3.7

1813
171.6
29.2
142.4
10.0
5.4
4.6

1963
185.6
33.4
152.3
10.7
5.5
5.2

210.4
199.0
34.3
164.7
11.5
5.6
5.9

209.4
197.2
34.9
162.4
12.1
6.0
6.1

225.9
212.1
36.6
175.6
13.8
6.8
7.0

244.7
229.0
38.8
190.2
15.7
7.7
8.0

257.8
239.9
41.0
198.9
17.8
8.8
9.0

2593
241.3
44.1
197.2
18.5
9.1
9.4

2812
259.8
46.0
213.8
21.4
10.9
10.6

296.7
272.8
49.2
223.7
23.8
12.6
11.2

305.6
280.5
52.4
226.0
25.1
13.3
11.8

327.4
299.3
56.3
243.0
28.1
15.1
13.0

9

363

35.7

40.5

353

38.7

44.0

44.4

43.4

43.6

45.6

47.1

49.1

51.6

51.9

51.9

54.4

565

10
11

14.9
15.2

15.1
15.6

17.5
18.1

12.7
13.3

13.5
14.2

16.0
16.8

15.1
15.9

13.0
13.7

12.5
13.2

11.5
12.2

11.3
12.1

11.3
12.1

13.1
14.0

10.9
11.8

11.5
12.3

12.1
12.9

12.1
12.9

12
13
14
15
16

Qnployer contributions for social insurance

182.2

-.3
21.7
23.3
-1.7
.1

-.5
20.5
21.8
-1.5
.2

-.6
23.0
23.2
-.4
.2

-.6
23.1
22.2
.5
.4

-.6
25.1
25.7
-1.1
.5

-.7
27.9
27.8
-.3
.5

-.8
29.3
28.5
.2
.6

-.8
30.4
29.9
-.2
.7

-.7
31.1
30.4
0
.7

-.7
34.1
33.6
-.2
.7

-.8
35.8
35.5
-.5
.8

-.8
37.8
37.3
-.3
.8

-.9
38.4
37.7
-.1
.8

-.9
40.9
40.2
0
.8

-.8
40.5
39.8
0
.6

-.8
42.3
41.8
0
.5

-.8
44.4
43.9
0
.5

17

7.0

7.3

8.1

83

9.6

105

11.7

13.0

14.1

14.6

15.2

16.0

16.9

17.7

18.6

19.2

20.0

18
19

Rental income of persons with capital consumption
adjustment.

8.0
-1.0

8.7
-1.4

9.7
-1.6

10.1
-1.6

11.2
-1.7

12.4
-1.9

13.7
-1.9

15.0
-2.0

16.0
-1.9

16.8
-2.0

17.3
-2.1

18.1
-2.1

18.9
-2.1

19.8
-2.0

20.6
-2.1

212
-2.0

22.0
-2.0

Corporate profits with inventory valuation and
capital consumption adjustments.
Corporate profits with inventory valuation adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment

20

17.2

233

30.6

283

353

40.0

383

382

374

47.9

46.7

46.3

41.6

52.9

51.4

52.5

60.5

21
22
23
24
25
26
27
28

19.7
24.9
9.1
15.8
5.6
10.2
-6.3
-2.5

26.0
31.9
11.3
20.7
6.3
14.3
-6.9
-2.8

33.7
35.9
12.4
23.4
7.0
16.4
-2.2
-3.1

31.4
29.6
102
19.4
7.2
12.2
1.9
-3.2

382
43.2
17.9
25.3
8.8
16.4
-5.0
-32

43.5
44.7
22.6
22.2
8.6
13.6
-1.2
-3.5

41.1
402
19.4
20.8
8.6
12.2
1.0
-3.2

40.6
41.6
20.3
21.3
8.9
12.4
-1.0
-2.4

38.9
392
17.6
21.6
9.3
12.3
-.3
-1.5

48.0
49.7
22.0
27.7
10.6
17.1
-1.7
-.1

47.6
50.3
22.0
28.3
11.4
16.9
-2.7
-.9

47.3
48.9
21.4
27.5
11.8
15.6
-1.5
-1.0

42.5
42.7
19.0
23.8
11.6
12.1
-.3
-.8

53.1
53.4
23.6
29.7
12.7
17.0
-.3
-.2

51.0
51.1
22.7
28.4
13.4
15.0
-.2
.5

51.3
51.0
22.8
28.2
14.0
14.3
.3
1.2

56.4
56.4
24.0
32.4
15.0
17.4
0

Net Interest

29

13

2.4

2.4

2.7

33

35

33

45

5A

6.1

63

7.9

9.7

102

11.2

13.1

30

8.1

12.0

18.1

18.1

17.1

17.5

18.6

17.9

19.7

25.8

24.7

24.9

22.7

29.2

28.7

29.7

36.5

10.1

14.8

21.8

22.5

20.8

23.2

252

25.3

27.4

33.3

33.6

35.4

34.3

40.8

40.5

41.5

48.2

2.5

5.7

11.1

10.8

8.3

8.8

10.0

9.0

10.4

15.3

13.3

13.1

11.1

16.5

15.3

15.7

21.5

7.6
-6.3
15.3

9.1
-5.9
20.7

11.7
1.9
20.6

12.5
-6.0
25.8

14.4
-1.2
24.4

15.3
1.0
24.3

162
-1.0
262

17.0
-.3
27.8

18.0
-1.7
35.0

20.3
-2.7
36.3

22.4
-1.5
37.0

23.3
-.3
34.6

24.2
-.3
41.0

25.2
-.2
40.7

25.7
.3
41.2

26.7
0
48.2

Addenda:
Corporate profits after tax with inventory valuation
and capital consumption adjustments.
Net cash flow with inventory valuation and capital
consumption adjustments.
Undistributed profits with inventory valuation and
capital consumption adjustments.
Equals: Net cash flow




31
32
33
34
35

10.7
-22
23.9

4.1
143

Table 1.14.—National Income by Type of Income: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1972

1973

1974

1975

1976

1977

1978

1979

1

506.3

544.1

592.0

648.9

6855

7475

805.4

840.6

908.6

15054

1,1324

1,214.9

1505.9

1,459.4

1,638.0

1,8624

2,078.5

Compensation ot employees
Wage and salary accruals
Government
Other
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income

2
3
4
5
6
7
8

345.5
314.8
60.0
254.8
30.7
16.7
14.0

371.0
337.7
64.9
272.9
33.2
17.5
15.7

399.8
363.7
69.9
293.8
36.1
18.3
17.8

443.0
400.3
78.3
321.9
42.7
22.8
19.9

4755
428.9
86.4
342.5
46.6
24.9
21.7

524.7
471.9
96.6
375.3
52.8
27.6
25.2

5784
518.3
1055
412.7
60.0
31.5
285

618.1
551.5
117.1
434.3
66.6
34.1
32.5

660.1
584.5
126.7
457.8
75.6
38.9
36.7

726.8
638.7
137.8
500.9
88.1
45.1
43.0

813.1
708.6
148.7
560.0
104.4
55.3
49.2

892.4
7722
160.4
611.8
120.3
63.7
56.5

9514
814.7
176.1
638.6
136.6
70.6
65.9

1,0615
899.6
188.7
710.8
162.0
82.2
79.7

1,182.9
994.0
202.4
791.6
188.9
94.1
94.7

15385
1,121.1
219.8
901.2
217.4
107.3
110.1

1,503.3
1,255.7
236.9
1,018.8
247.5
123.2
124.3

Proprietors' income with inventory valuation and
capital consumption adjustments.
Farm
Proprietors' income with inventory valuation
adjustment.
Capital consumption adjustment
Nonfarm
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment

9

574

604

65.1

69.4

71.0

75.3

79.1

80.2

864

98.3

1164

115.7

1214

133.6

147.4

169.5

185.0

10
11

11.9
12.7

10.8
11.6

13.0
13.9

14.1
15.0

12.7
13.7

12.8
13.8

14.6
15.8

14.8
16.1

15.4
16.9

19.5
212

32.6
34.5

25.8
28.4

24.1
27.5

18.6
22.6

17.5
21.8

22.2
27.0

25.3
31.1

12
13
14
15
16

-.8
45.8
45.2
0
.6

-.8
49.8
49.2
-.1
.7

-.8
52.1
51.9
-2
.4

-.9
55.3
55.4
-.2
.2

-.9
58.2
58.3
-.2
.1

-1.0
62.5
63.0
-.4
-.1

-1.2
64.6
65.0
-5
0

-1.4
65.4
66.0
-5
-.1

-1.6
71.1
72.0
-.6
-.3

-1.7
78.8
79.3
-.7
.3

-1.9
84.2
85.9
-2.0
.3

-2.6
89.8
93.4
-3.8
.2

-3.5
97.7
99.2
-1.2
-.2

-4.0
115.0
116.3
-1.3
-.1

-4.3
129.9
131.0
-1.3
.2

-4.8
147.4
148.7
-2.1
.7

-5.8
159.7
160.9
-2.9
1.6

Line
National Income

Rental income of persons with capital consumption
adjustment.
Rental income of persons
Capital consumption adjustment

1963

1964

1966

1965

1967

1968

1970

1971

17

20.7

21.0

215

225

234

22.7

23.4

234

244

244

254

25.7

24.7

244

22.8

24.8

26.9

18
19

22.6
-1.9

23.0
-2.0

23.9
-2.2

24.9
-2.5

26.3
-2.7

25.9
-32

27.3
-3.9

27.8
-4.2

295
-4.9

30.3
-6.0

32.8
-7.0

34.4
-8.6

34.9
-10.2

35.7
-11.5

36.4
-13.6

41.3
-16.5

46.9
-20.0

20

664

735

84.1

89.8

874

94.2

905

78.7

924

106.7

120.1

1092

128.2

154.9

184.3

209.0

213.1

80.3
81.8
32.7
49.2
22.1
27.1
-1.6
7.1

86.9
90.6
39.4
51.2
24.6
26.6
-3.7
7.3

832
89.0
39.7
49.4
25 2
24.1
-5.9
7.8

71.8
78.4
34.4
44.0
23.7
20.3
-6.6
6.9

85.5
90.1
37.7
52.4
23.7
28.6
-4.6
6.5

97.9
1045
41.9
62.6
25.8
36.9
-6.6
84

110.9
130.9
49.3
81.6
28.1
53.5
-20.0
9.2

103.4
142.8
51.8
91.0
30.4
60.6
-39.5
5.8

129.4
140.4
50.9
89.5
30.1
59.4
-11.0
-1.3

158.9
173.8
64.2
109.6
35.9
73.7
-14.9
-4.0

186.8
203.5
73.0
130.4
40.8
89.6
-16.6
-2.5

213.1
238.1
83.5
154.6
46.0
108.6
-25.0
-4.1

220.2
2613
88.0
173.8
52.5
121.3
-41.6
-7.1

30.4

335

40.0

454

495

565

71.8

80.0

85.1

100.7

120.5

1504

54.3

77.3

90.7

111.3

125.5

125.1

1562

184.5

210.1

224.2

Corporate profits with inventory valuation and
capital consumption adjustments.
Corporate profits with inventory valuation adjustment
Profits before tax
Profits tax liability
Profits after tax ..
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption aojusimeni

21
22
23
24
25
26
27
28

61.2
61.2
26.2
34.9
16.1
18.8
.1
5.1

67.5
68.0
28.0
40.0
18.0
22.0
-.5
5.8

77.6
78.8
30.9
47.9
202
27.8
-12
6.6

83.0
85.1
33.7
51.4
20.9
30.5
-2.1
6.9

Net Interest

29

16.1

18.2

21.1

244

28.1

Addenda:
Corporate profits after tax with inventory valuation
and capital consumption adjustments.
Net cash flow with inventory valuation and capital
consumption adjustments.
Undistributed profits with inventory valuation and
capital consumption adjustments.
Consumption of fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow

1969

30

40.1

45.3

53.3

56.2

54.7

54.9

51.3

44.4

64.8

70.8

57.4

31

51.7

56.5

64.3

69.4

70.1

71.5

71.7

70.9

85.5

98.8

107.9

1035

138.6

32

24.0

27.3

33.1

35.2

32.7

302

26.0

20.7

30.5

39.0

42.7

27.0

47.2

54.8

70.5

79.5

72.6

33
34
35

27.7
.1
51.6

292
-.5
57.0

312
-1.2
65.6

34.2
-2.1
71.5

37.4
-1.6
71.6

412
-3.7
75.1

45.6
-5.9
775

50.3
-6.6
775

55.0
-4.6
90.1

59.8
-6.6
105.4

65.2
-20.0
127.9

765
-395
142.9

91.4
-11.0
149.6

101.4
-14.9
171.2

114.0
-16.6
201.1

130.6
-25.0
235.1

151.6
-41.6
265.8

Line

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1

2,2445

2,501.4

2,6004

2,7934

3,1644

3,383.4

3450.3

3,8134

4,1455

43973

4,652.1

4,761.6

4590.4

5,2665

5590.7

Compensation of employees
Wage and salary accruals
Government
Other
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income

2
3
4
5
6
7
8

1,653.9
1,377.6
261.2
1,116.4
276.3
136.4
139.8

1,8274
1,517.6
285.6
1,232.0
310.2
157.1
153.0

14274
1,593.9
307.3
1286.7
333.7
168.3
165.4

2,044.2
1,684.8
324.5
1,360.3
359.4
182.2
177.2

2,2574
1,855.3
3474
1,507.5
401.7
212.8
188.9

2,425.7
1,995.7
373.5
1,622.1
430.0
226.9
203.1

25724
2,116.5
396.6
1,720.0
455.9
239.9
216.0

2,757.7
2,272.7
423.1
1,849.5
485.0
249.7
235.4

2573.9
2,453.6
450.4
2,0032
520.3
268.6
251.7

3,151.6
2,598.1
479.4
2,118.7
553.5
280.4
273.1

3,352.8
2,757.5
517.2
2240.3
595.2
294.6
300.6

3,4574
2,827.6
546.0
2281.5
630.4
307.7
322.7

3,644.9
2,970.6
567.8
2,402.9
674.3
323.0
351.3

3,814.9
3,094.0
584.3
2,509.7
720.8
335.7
385.1

4,0124
3254.0
602.2
2,651.8
758.0
353.0
405.0

Proprietors' income with Inventory valuation and
capital consumption adjustments.
Farm
Proprietors' income with inventory valuation
adjustment
Capital consumption adjustment
Nonfarm
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment

9

176.6

1874

1794

191.9

248.7

2685

279.5

306.1

3354

357.4

374.0

3764

4235

450.8

4714

10
11

12.2
19.4

21.9
302

14.5
23.4

4.1
12.8

232
31.6

23.6
315

24.2
32.1

31.5
392

27.5
35.1

36.3
43.9

35.4
43.3

29.3
372

37.1
45.2

32.4
40.4

36.9
44.8

12
13
14
15
16

-7.2
164.4
165.2
-3.0
2.2

-5.3
165.7
160.7
-1.4
6.4

-8.9
165.1
158.2
-.6
7.5

-8.7
187.8
1722
-.7
16.3

-8.4
225.5
199.7
-.5
26.3

-7.9
245.0
210.5
-.2
34.8

-7.9
255.3
215.9
0
39.4

-7.7
273.6
2382
-1.0
36.4

-7.7
307.8
272.0
-15
37.3

-7.7
321.1
284.8
-1.4
37.7

-7.8
338.6
312.7
-12
27.1

-7.9
347.2
325.0
-.1
22.4

-8.1
386.7
363.1
-.7
24.3

-8.0
418.4
392.7
-1.1
26.8

-7.9
434.7
415.0
-.6
20.4

National income

Rental Income of persons with capital consumption
adjustment.
Rental income of persons
Capital consumption adjustment

17

33.9

44.5

464

46.1

50.1

48.1

414

445

55.1

51.7

61.0

67.9

79.4

105.7

1244

18
19

57.5
-23.6

70.9
-26.5

75.0
-28.5

75.1
-28.9

79.4
-29.4

79.3
-312

73.0
-31.5

77.9
-33.1

90.1
-35.0

91.4
-39.7

99.1
-38.1

1075
-39.6

127.5
-48.1

148.5
-42.8

172.0
-47.6

Corporate profits with Inventory valuation and
capital consumption adjustments.
Corporate profits with inventory valuation adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment

20

188.3

207.0

1825

235.2

290.1

3044

2934

3332

382.1

3804

397.1

4113

428.0

492.8

5705

21
22
23
24
25
26
27
28

198.3
241.4
84.8
156.6
59.3
97.3
-43.0
-10.1

204.1
229.8
81.1
148.6
69.5
79.1
-25.7
3.0

166.8
176.7
63.1
113.6
69.8
434
-9.9
15.5

203.7
2124
772
135.5
804
54.8
-9.1
31.5

238.5
2442
94.0
150.1
832
66.9
-5.6
51.5

2305
229.9
96.5
133.4
92.8
40.6
5
73.5

234.0
222.6
106.5
116.1
110.2
5.8
11.4
59.8

272.9
293.6
127.1
166.5
107.0
59.5
-20.7
60 2

325.0
354.3
137.0
217.3
116.8
100.5
-29.3
57.1

330.6
348.1
141.3
206.8
138.9
67.9
-17.5
49.3

358.2
371.7
140.5
231.2
151.9
79.4
-13.5
38.9

378.2
374.2
133.4
240.8
163.1
77.7
4.0
33.1

398.9
406.4
143.0
263.4
1695
939
-7.5
29.1

456.9
465.4
165.2
300.2
195.8
1045
-6.5
36.0

519.1
535.1
186.6
348.5
216.2
1323
-16.1
51.4

Net Interest

29

191.9

2344

2645

275.9

3185

3372

363.1

372.2

3985

4564

4673

4484

4143

4025

4123

Addenda:
Corporate profits after tax with inventory valuation
and capital consumption adjustments.
Net cash flow with inventory valuation and capital
consumption adjustments.
Undistributed profits with inventory valuation and
capital consumption adjustments.
Consumption ot fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow




30

103.5

125.9

1192

157.9

196.1

2075

187.3

206.1

245.1

238.7

256.6

277.9

285.0

327.6

383.8

31

219.1

261.5

272.9

315.6

359.7

374.7

3554

392.0

441.8

435.5

455.0

479.3

491.9

520.3

579.9

32

44.1

56.4

49.4

77.2

112.8

114.7

77.1

99.1

128.3

99.7

104.7

114.8

115.5

131.9

167.6

33
34
35

175.0
-43.0
2622

205.1
-25.7
287.2

223.5
-9.9
2825

238.4
-fl.1
324.7

246.9
-5.6
3653

260.0
5
3742

278.3
11.4
344.0

292.9
-20.7
412.6

3135
-29.3
471.1

3354
-17.5
453.0

350.3
-13.5
468.5

364.5
4.0
475.3

376.4
-7.5
499.4

388.4
-8.5
528.8

412.3
-16.1
596.0

Table 1.14.—National Income by Type of Income: Annual, 192&-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

II

1

III

IV

1

1949

1948

1947

1946
Line

1

III

I

1950
III

IV

I

IV

2155

222.9

227.2

228.7

221.6

216.7

216.7

2135

222.8

233.4

II

IV

II

III

II

II

Other
Employer contributions for social insurance
Other labor income
Proprietors' Income with Inventory valuation and
capital consumption adjustments.
Proprietors' income with inventory valuation
Capital consumption adjustment
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment
Rental income ol persons with capital consumption
Rental income of persons
Capital consumption adjustment

1

171.8

179.0

1865

191.7

1955

198.6

206.2

?

National Income

194.4

3
4
5
6
7
8

115.2
107.7
25.0
82.7
7.5
5.6
1.9

117.6
109.6
20.3
89.2
8.0
6.1
1.9

121.4
113.5
18.9
94.6
7.8
5.9
2.0

124.4
117.2
18.6
98.6
72
5.1
2.1

1273
119.7
17.9
101.7
7.6
5.3
22

128.7
121.5
17.6
103.9
7.3
5.0
2.3

130.1
123.4
17.0
106.4
6.7
4.3
2.4

1343
127.8
17.5
110.3
6.5
4.0
2.5

1385
131.4
17.9
113.5
6.6
4.0
2.7

139.7
1332
18.3
114.8
6.5
3.8
2.7

1445
138.1
19.5
118.6
6.5
3.8
2.7

1465
139.5
20.3
119.2
6.5
3.8
2.8

144.2
136.9
20.4
116.6
7.3
4.5
2.8

1425
134.6
20.6
114.0
7.4
4.5
2.9

141.2
133.9
20.9
113.0
7.3
4.3
3.0

140.6
133.4
21.4
112.1
7.2
4.1
3.1

144.7
137.1
21.4
115.6
7.7
4.4
3.3

1505
142.9
21.6
1212
7.9
4.4
3.5

9

34.2

355

383

375

375

335

35.1

365

375

41.7

41.9

405

36.4

355

35.2

35.7

36.7

37.3

1(1
11

13.0
13.3

13.7
14.0

16.1
16.5

16.6
17.0

16.7
172

13.2
13.7

14.8
15.3

15.7
16.2

15.7
16.2

18.8
19.4

18.5
19.1

16.9
17.6

13.3
14.0

12.8
13.4

12.1
12.8

12.5
13.0

12.8
13.4

12.8
13.4

1?
13
14
15
16

-.2
21.1
212
-2
.1

-.3
22.1
22.7
-.6
0

-.4
22.2
255
-3.3
0

-.4
21.3
24.0
-2.8
.1

-.5
20.7
22.8
-2.2
.1

-.5
20.3
20.9
-.8
.1

-5
202
21.4
-1.4
.2

-.5
20.9
22.2
-1.5
.3

-.5
22.1
22.5
-.6
.2

-.6
22.8
23.5
-.8
.2

-.6
23.4
23.8
-.6
.1

-.7
23.5
22.9
.4
.2

-.6
23.1
22.2
.6
.3

-.6
23.1
21.9
.8
.4

-.6
23.0
22.0
.5
.5

-.6
23.2
22.6
0
.6

-.6
23.9
23.4
0
.6

-.6
24.5
24.6
-.6
.5

17

6.9

73

7.1

7.1

7.1

7.1

7.4

7.6

75

8.1

8.1

8.2

8.2

85

8.6

8.8

9.2

9.4

18
19

7.9
-1.0

8.0
-1.0

8.1
-1.0

8.2
-1.1

8.3
-1.3

8.5
-1.4

8.8
-1.4

9.1
-1.5

9.4
-1.5

9.6
-1.6

9.8
-1.6

9.8
-1.6

9.9
-1.7

10.0
-1.6

10.1
-1.6

10.4
-1.6

10.7
-1.6

11.1
-1.6

20

133

165

173

203

203

23.7

23.7

25j4

29.4

31.0

30.2

31.6

30.2

27.9

29.1

25.8

293

32.9

21

19.1
21.9
8.0
13.9
5.5
8.4
-2.8
-2.3

20.5
28.6
10.5
18.1
5.7
12.4
-8.1
-2.7

23.3
32.3
11.8
20.5
6.1
14.3
-8.9
-3.0

23.1
32.7
11.6
212
6.0
152
-8.7
-2.8

26.3
30.9
10.9
20.0
6.3
13.7
-4.7
-2.6

26.5
30.6
10.8
19.8
6.5
13.3
-4.0
-2.8

28.2
33.4
11.8
21.7
6.5
152
-5.2
-2.8

32.2
35.0
12.1
22.9
7.0
15.9
-2.9
-2.8

34.0
36.9
12.8
24.1
6.7
17.4
-2.9
-3.0

33.5
36.3
12.6
23.7
7.1
16.7
-2.8
-3.3

35.1
35.1
12.2
23.0
7.3
15.6
-.1
-3.5

33.4
32.0
11.0
21.0
7.2
13.8
1.4
-32

31.1
28.2
9.7
18.5
7.2
11.3
2.8
-3.2

32.3
29.3
10.1
19.2
7.1
12.1
3.0
-3.2

28.9
28.7
9.9
18.8
7.4
11.4
.2
-3.1

32.2
32.9
13.6
19.3
8.3
11.0
-.7
-2.9

36.0
39.3
16.3
23.0
8.4
14.7
-3.3
-3.1

15

1.8

15

2A

2.4

2A

23

25

2.4

2.4

2.4

2.6

2.7

2.7

2.7

2.9

3.0

Corporate profits with inventory valuation and
capital consumption adjustments.
Corporate profits with inventory valuation adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment

n
?4
25
?6
?7
28

15.7
17.0
6.1
10.8
5.1
5.7
-1.2
-1.9

Net Interest

29

1.7

Addenda:
Coiporate profits after tax with inventory valuation
and capital consumption adjustments.
Net cash flow with inventory valuation and capital
consumption adjustments.
Undistributed profits with inventory valuation and
capital consumption adjustments.
Consumption of fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow

??

30

73

8.8

7.3

8.5

8.7

12.8

12.9

13.6

17.2

18.2

17.6

19.4

19.2

18.2

19.0

15.9

15.7

16.6

31

9.5

10.6

95

10.7

112

15.4

15.7

16.8

20.2

22.0

21.5

23.5

23.4

22.6

23.6

20.3

19.4

20.5

32

2.6

3.3

1.6

2.3

2.7

6.5

6.4

72

102

11.5

10.6

12.1

12.0

11.0

11.9

8.5

7.4

82

33
34
35

6.8
-12
10.7

7.3
-2.8
13.4

7.9
-8.1
17.6

8.4
-8.9
19.7

8.5
-9.7
20.9

8.9
-4.7
20.0

9.3
-4.0
19.7

9.7
-52
22.0

10.0
-2.9
23.1

10.4
-2.9
24.8

11.0
-2.8
24.3

11.4
-.1
23.6

11.5
1.4
22.0

11.6
2.8
19.7

11.7
3.0
20.6

11.8
.2
20.1

12.0
-.7
20.1

12.2
-3.3
23.8

IV

1

II

III

IV

1

II

III

IV

I

II

III

IV

1

II

III

1954

1953

1952

1951

1950
Line

III

IV

1

249.1

2615

271.1

2775

2823

2875

2885

289.2

2945

3045

3103

312.7

311.3

304.0

305.7

305.9

309.4

3183

Compensation ol employees
Wage and salary accruals
Government
Other
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income

2
3
4
5
6
7
8

159.1
150.8
22.7
128.0
8.3
4.6
3.8

167.1
158.3
24.7
133.6
8.8
4.8
4.0

175.1
1655
26.8
138.8
9.6
5.3
4.3

180.7
170.8
28.5
142.3
9.9
5.4
4.5

183.9
173.8
30.5
143.3
10.1
5.4
4.7

1885
176.2
31.1
145.1
10.4
55
4.9

1915
1812
32.5
148.7
10.5
5.5
5.0

193.0
182.4
33.2
149.1
10.6
5.5
5.1

1965
185.7
33.8
151.9
10.8
5.5
5.3

2043
193.3
33.9
159.3
11.1
5.7
5.4

208.2
196.9
34.1
162.7
11.3
5.6
5.7

211.6
200.1
34.4
165.7
11.5
5.7
5.8

211.7
200.3
34.4
165.9
11.5
5.5
6.0

210.2
198.7
34.3
164.3
11.6
5.5
6.1

2083
196.4
34.4
162.0
11.9
5.9
6.0

207.9
195.9
34.7
161.2
12.0
6.0
6.0

2085
196.3
35.1
161.2
12.2
6.0
6.1

2123
200.3
35.4
165.0
12.4
6.1
6.3

Proprietors' Income with inventory valuation and
capital conaumptlon adjustments.
Farm
Proprietors' income with inventory valuation
adjustmentCapital consumption adjustment
Nonfarm
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment

9

395

40.9

432

435

44.1

45.1

43.4

44 A

46.1

43.8

44.1

43.5

425

43.1

43.9

42.9

435

44.1

10
11

13.7
14.3

14.9
15.6

15.7
16.5

15.9
16.6

16.0
16.7

16.6
17.4

14.7
155

15.3
16.1

16.7
17.5

13.7
14.5

13.6
14.3

13.1
13.9

12.5
13.2

12.8
13.5

13.6
14.3

12.1
12.8

12.5
13.2

12.0
12.6

12
13
14
15
16

-.6
26.1
27.3
-1.7
.5

-.7
26.0
27.5
-2.1
.5

-.7
27.5
29.0
-1.9
.4

-.7
27.6
27.4
-.3
.4

-.7
28.1
27.1
.5
.5

-.8
28.5
27.6
.3
.5

-.8
28.7
28.1
.1
.5

-.8
29.1
28.4
.2
5

-.8
29.4
28.6
.2
.6

-.8
30.1
29.2
.3
.6

-.7
30.5
30.0
-.1
.7

-.8
30.4
29.9
-.1
.7

-.8
30.3
30.2
-.5
.7

-.7
30.3
29.5
.1
.7

-.7
30.3
29.6
0
.8

-.7
30.9
30.0
.1
.7

-.7
31.1
30.4
-.1
.7

-.7
32.1
31.6
-.2
.8

Rental income of persons with capital consumption
adjustment.
Rental income of persons
Capital consumption adjustment

17

9.7

10.0

10.1

10.4

10.7

105

115

115

115

12.2

125

12.9

13.2

135

13.8

14.0

142

143

18
19

11.4
-1.7

11.7
-1.7

12.0
-1.8

12.3
-1.9

12.5
-1.9

12.9
-1.9

13.2
-1.9

135
-1.9

13.9
-2.0

14.2
-1.9

14.5
-1.9

14.8
-1.9

15.1
-2.0

15.4
-1.9

15.7
-1.9

15.9
-1.9

16.1
-2.0

16.3
-2.0

National income

Corporate profits with inventory valuation and
capital consumption adjustments.
Corporate profits with inventory valuation adjustment
Profits before tax ..
Profits tax liability
Profits after tax'
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment

20

375

405

393

39.4

40.1

415

38.6

365

363

405

41.2

405

39.1

32.2

34.6

355

37.7

413

21
22
23
24
25
26
27
28

40.6
47.9
19.9
28.0
92
18.8
-7.3
-3.1

44.1
52.6
213
30.8
9.6
21.2
-8.5
-3.6

43.1
51.8
263
25.5
8.4
17.1
-8.7
-33

43.0
44.0
223
21.7
8.7
13.1
-1.0
-3.6

43.5
40.0
20.1
19.9
8.6
112
3.5
-3.4

445
43.1
215
21.6
8.8
12.8
1.5
-3.3

42.0
40.7
19.8
20.9
82
12.7
13
-3.4

39.8
38.6
18.7
20.0
8.7
112
1.2
-3.3

39.4
38.7
18.6
20.1
8.6
11.5
.7
-3.1

43.4
42.6
20.5
22.1
8.8
13.3
.8
-2.9

44.0
44.4
21.6
22.8
8.4
14.4
-.4
-2.8

42.9
44.5
21.7
22.8
9.2
13.6
-1.6
-2.6

41.5
43.5
21.2
22.2
9.0
13.2
-2.0
-2.4

34.0
34.0
16.6
17.4
8.9
8.5
0
-1.8

36.4
36.4
16.4
20.0
9.4
10.6
0
-1.8

37.5
37.6
16.9
20.6
8.9
11.8
0
-1.7

39.2
39.9
17.9
22.0
9.3
12.6
-.7
-1.5

42.4
43.0
19.3
23.7
9.6
14.1
-.5
-1.1

Net interest

29

35

3.1

33

35

35

35

3.7

35

35

45

43

4.4

45

4.9

5.1

55

55

5.7

Addenda:
Corporate profits after tax with inventory valuation
and capital consumption adjustments.
Net cash flow with inventory valuation and capital
consumption adjustments.
Undistributed profits with inventory valuation and
capital consumption adjustments.
Consumption of fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow




30

17.5

18.7

13.0

17.1

19.9

19.8

183

175

17.7

20.0

195

18.6

17.9

15.7

18.2

18.9

19.8

22.1

31

21.0

22.3

18.5

22.7

25.7

253

25.7

24.3

24.3

26.7

26.9

25.5

25.3

23.3

25.4

27.0

27.6

29.8

32

8.4

9.1

4.6

8.5

11.3

11.0

10.6

9.1

9.1

112

11.1

9.4

6.9

6.8

8.8

10.0

10.4

12.5

12.6
-7.3
28.3

132
-85
30.9

13.9
-8.7
272

14.2
-1.0
23.7

14.5
3.5
22 3

14.8
1.5
243

15.1
1.3
24.4

15.2
12
232

15.2
.7
23.6

15.5
.8
25.9

15.8
-.4
27.3

16.1
-1.6
27.1

16.5
-2.0
27.3

16.5
0
23.2

16.6
0
25.4

17.0
0
27.0

17.1
-.7
28.3

17.3
-.5
30.4

33
34
35

Table 1.14.—National Income by Type of Income: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

1

II

III

IV

1

II

1958

1957

1956

1955
Line

III

IV

1

III

II

IV

1

II

1959
III

I

IV

II

1

329.2

337.7

343.7

350.0

352.7

3585

362.0

369.1

375.1

377.1

380.9

375.3

369.7

370.9

382.0

395.6

404.9

4183

Compensation of employees
Wage and salary accruals
Government
Other
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income

2
3
4
5
6
7
8

217.3
204.2
35.6
168.6
13.1
6.5
6.6

223.8
210.3
36.7
173.6
13.5
6.6
6.9

228.8
214.6
36.8
177.8
14.1
6.9
7.2

233.8
219.4
37.2
182.2
14.4
7.0
7.4

238.3
223.3
37.8
185.4
15.0
7.4
7.6

242.9
227.5
38.5
189.0
15.4
7.5
7.9

246.0
229.9
39.2
190.8
16.1
7.9
8.2

2515
235.3
39.6
195.7
16.5
8.0
8.5

2555
238.2
40.2
198.0
17.3
8.7
8.6

257.2
239.6
40.7
198.9
17.6
8.7
8.9

259.9
241.8
41.5
200.3
18.1
8.9
9.2

258.4
240.1
41.6
198.5
18.3
8.9
9.4

255.4
237.3
42.6
194.7
18.1
8.9
9.2

255.0
236.9
43.7
193.2
18.2
8.9
9.2

261.1
242.6
44.8
197.7
18.6
9.2
9.4

267.4
248.4
45.2
203.2
19.0
9.3
9.8

2743
254.0
45.4
208.6
20.8
10.7
10.1

281.9
260.5
45.8
214.7
21.3
10.9
10.5

Proprietors' income with inventory valuation and
capital consumption adjustments.
Farm
Proprietors' income with inventory valuation
adjustment.
Capital consumption adjustment
Nonfarm
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment

9

45.1

455

45.8

45.9

45.9

465

47.7

48.2

485

48.9

50.0

49.6

51.1

51.4

51.6

522

513

523

10
11

12.0
12.7

11.8
12.5

11.3
12.0

10.8
11.5

10.7
11.4

11.1
11.9

11.8
12.6

11.6
12.5

10.4
11.3

11.1
11.9

11.8
12.6

11.9
12.6

13.4
14.6

13.4
14.3

13.0
13.8

12.7
13.3

11.8
12.6

10.9
11.7

12
13
14
15
16

-.7
33.1
32.2
.2
.7

-.7
33.7
33.4
-.4
.6

-.7
34.5
34.1
-.3
.7

-.7
35.1
34.7
-.3
.7

-.7
35.2
34.9
-.5
.8

-.7
35.6
35.5
-.7
5

-.8
35.9
35.3
-.3
.9

-.8
36.6
36.3
-.6
.9

-.9
37.6
37.0
-.4
.9

-.9
37.8
37.4
-.4
.9

-.8
38.2
37.5
-.1
.8

-.7
37.7
37.4
-.3
.7

-1.2
37.6
36.9
-.1
.8

-.9
38.1
37.4
-.1
.7

-.8
38.6
37.8
.1
.7

-.7
39.5
38.9
-.1
.8

-.8
40.0
39.5
-.2
.7

-.9
41.2
40.5
-.1
.8

17

14.4

14.5

14.6

14.8

15.0

15.1

15.3

155

15.7

15.9

16.0

165

165

16.8

17.0

17.2

17.1

17.5

16.8
-2.0

17.0
-2.1

17.2
-2.1

17.4
-2.1

17.6
-2.1

17.8
-2.1

18.0
-2.1

18.2
-2.1

18.4
-2.1

18.6
-2.1

18.8
-2.1

19.1
-2.1

19.3
-2.1

192
-2.0

19.6
-2.0

49.2

47.1

47.0

46.1

46.7

48.4

47.4

46.7

42.7

37.6

38.1

42.3

485

51.1

565

49.7
52.1
22.8
29.3
11.7
17.6
-2.4
-1.3

48.4
49.9
21.9
28.0
11.9
16.1
-1.5
-1.0

47.6
48.8
21.4
27.4
12.0
15.4
-1.3
-.8

43.7
44.6
19.6
25.0
11.7
13.3
-.9
-.9

38.1
38.3
16.9
21.4
11.6
9.8
-.2
-.5

39.3
39.0
17.2
21.8
11.7
10.0
.3
-1.2

43.4
43.7
19.4
24.3
11.7
12.6
-.2
-1.1

49.1
50.0
22.3
27.7
11.4
16.2
-.9
-.6

52.4
53.0
23.5
29.6
12 2
17.4
-.6
-1.3

56.8
57.8
25.7
32.2
12.6
19.6
-1.0
-.2

75

75

8.2

82

9.0

95

9.9

103

10.1

10.2

20.9

22.9

26.2

27.6

31.0

32.5

34.8

38.2

40.0

42.6

National Income

Rental income of persons with capital consumption
adjustment.
Rental income of persons
Capital consumption adjustment

18
19

16.4
-2.0

16.5
-2.0

16.7
-2.0

20

46.5

47.7

48.2

Corporate profits with inventory valuation and
capital consumption adjustments.
Corporate profits with inventory valuation adjustment
Profits before tax
Profits tax liability
Profits after tax
Dwidends ...
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment

21
22
23
24
25
26
27
28

47.1
48.2
21.3
26.8
10.1
16.7
-1.1
-.6

47.9
48.8
21.6
27.2
10.2
17.0
-.9
-.3

47.8
50.0
222
27.8
10.9
16.9
-2.2
.4

49.2
51.9
23.1
28.9
11.0
17.8
-2.8
.1

47.2
50.1
22.0
28.1
11.3
16.8
-2.9
-.1

47.6
51.2
22.5
28.7
11.3
17.4
-3.6
-.6

47.3
48.5
21.1
27.4
11.3
16.0
-12
-1.2

48.3
51.3
22.3
29.0
11.8
17.3
-3.0
-1.5

Net Interest

29

5.9

6.1

6.3

6.2

65

6.8

6.9

6.8

25.6

25.5

25.3

23.2

20.7

35.5

35.6

35.9

34.7

31.9

Addenda:
Corporate profits after tax with inventory valuatton
and capital consumption adjustments.
Net cash flow with inventory valuation and capital
consumption adjustments.
Undistributed profits with inventory valuation and
capital consumption adjustments.
Consumption of fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow

30

25.1

26.1

26.0

26.2

25.1

24.5

25.0

24.4

31

32.5

33.6

33.4

33.9

33.2

33.1

34.2

33.9

32

15.0

15.8

15.1

15.1

13.8

13.2

13.6

12.7

13.9

13.6

13.3

11.4

9.1

9.2

11.2

14.7

15.4

18.4

33
34
35

17.5
-1.1
33.6

17.7
-.9
34.4

18.2
-2.2
35.6

18.7
-2.8
36.6

19.4
-2.9
36.1

19.9
-3.6
36.7

20.6
-1.2
35.4

212
-3.0
36.9

21.6
-2.4
37.9

22.0
-1.5
37.1

22.6
-1.3
37.2

23.2
-.9
35.6

22.8
-.2
32.1

23.3
.3
32.2

23.5
-.2
35.0

23.4
-.9
39.0

24.6
-.6
40.6

242
-1.0
43.6

IV

1

II

III

IV

1

II

III

IV

1

II

III

IV

1

II

III

IV

448.4

461.2

469.7

476.2

481.6

488.4

493.4

502.2

5105

5195

III

1962

1961

1960

1959
Line

1963

1

4143

4185

430.1

4295

430.4

428.6

430.1

4395

Compensation ol employees
Wage and salary accruals
Government
Other
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income

2
3
4
5
6
7
8

2825
260.9
46.2
214.7
21.7
10.9
10.8

2853
263.9
46.7
217.2
21.9
11.0
10.9

294.2
270.7
47.7
223.1
23.5
12.5
11.0

297.1
273.4
48.6
224.8
23.8
12.6
11.2

297.9
273.9
49.8
224.1
24.0
12.7
11.3

297.4
273.3
50.5
222.8
24.1
12.7
11.4

2983
273.7
51.1
222.7
24.5
13.0
11.5

302.4
277.6
51.8
225.8
24.8
13.2
11.7

307.4
282.2
52.8
229.5
25.2
13.3
11.9

314.1
288.4
54.1
234.2
25.7
13.5
12.2

3205
293.2
55.3
238.0
27.4
14.8
12.5

3265
298.7
55.9
242.8
27.9
15.0
12.9

3295
301.1
56.4
244.7
28.3
15.1
13.2

333.0
304.2
57.6
246.6
28.8
15.3
13.5

337.9
307.9
58.6
249.3
30.0
16.4
13.6

342.6
312.3
59.3
253.0
30.3
16.6
13.7

347.7
316.8
60.1
256.7
30.9
16.8
14.0

3535
322.2
61.9
260.3
31.7
17.2
14.5

Proprietors' income with inventory valuation and
capital consumption adjustments.

9

51.6

52.0

51.1

52.0

52.1

52.6

535

535

54.6

553

56.0

562

56.7

57.1

573

57.1

575

59.2

12.3
13.1

11.6
12.4

11.9
12.8

12.6
13.4

12.2
13.1

11.9
12.7

11.9
12.7

12.3
13.1

12.1
12.9

11.7
12.5

11.8
12.5

12.3
13.1

-.8
412
40.7
0
.5

-.8
42.1
41.5
.1
.5

-.8
42.6
42.2
0
.5

-.8
43.3
43.0
-.1
.4

-.8
43.7
432
.1
.5

-.8
44.3
43.9
-.1
.5

-.8
44.8
44.4
-.2
.6

-.8
443
44.0
.1
.6

-.8
44.9
44.3
0
.6

-.8
45.4
44.8
0
.6

-.8
46.0
45.5
-.1
.6

-.8
46.9
46.3
-.1
.7

Netional income

Rental income of persons with capital consumption
adjustment.

10
11

10.2
11.1

10.9
11.8

10.3
11.1

11.3
12.2

11.8
12.7

12
13
14
15
16

Proprietors' income with inventory valuation
adjustment.

12.4
13.2

-.9
41.4
40.5
.2
.8

-.9
41.1
40.3
.1
.8

-.8
40.8
40.2
-.1
.7

-.8
40.7
40.0
0
.6

-.8
40.3
39.5
2
.6

-.8
40.2
39.6
0
.6

17

183

183

18.4

185

18.6

18.7

185

19.1

193

195

19.7

19.8

20.1

20.4

205

20.7

203

20.7

20.8
-2.1

21.0
-2.0

21.1
-2.1

21.3
-2.0

21.5
-2.0

21.7
-2.0

21.8
-2.0

22.1
-2.0

22.4
-2.0

22.5
-2.0

22.6
-2.0

22.7
-1.9

22.6
-1.9

48.1

472

515

53.7

57 5

595

592

60.3

625

62.7

66.1

674

68.9

52.4
52.1
23.3
28.8
14.0
14.8
.3
1.3

562
56.4
25.3
31.1
14.6
16.6
-2
1.3

56.0
55.5
23.8
31.7
14.6
17.1
.4
3.9

552
55.3
23.6
31.7
15.1
16.7
-.1
4.0

562
56.9
242
32.7
15.2
17.5
-.8
4.2

58.3
57.8
24.3
335
15.3
182
.5
4.3

58.3
57.3
24.4
32.9
15.6
17.2
1.0
4.4

61.1
60.8
26.1
34.7
16.0
18.7
.2
5.1

62.2
62.4
26.9
35.6
162
19.4
-.2
52

63.3
64.1
27.5
36.6
16.6
20.0
-.8
5.6

18
19
Corporate profits with inventory valuation and
capital consumption adjustments.
Corporate profits with inventory valuation adjustment
Profits before tax

20.0
-2.0

20.3
-2.0

20.4
-2.0

20.6
-2.1

20.7
-2.1

20

515

52.1

55.6

515

505

26
27
28

51.6
51.9
23.0
28.9
12.9
16.0
-.3
.1

51.6
50.8
22.5
28.3
13.1
15.2
.8
5

55.3
56.1
25.1
31.1
13.3
17.8
-.9
.4

51.1
51.7
23.0
28.7
13.3
15.5
-.6
.4

50.0
49.4
21.9
27.5
13.6
13.9
.5
.5

47.5
47.3
20.8
265
135
13.0
.3
.6

46.3
46.4
20.6
25.8
13.6
12.2
-.1
1.0

50.2
49.2
22.0
272
13.7
13.5
1.0
1.3

?f)

10.2

10.4

103

10.7

113

115

12.2

12.9

13.4

14.1

135

145

14.9

153

153

15.7

16.4

16.9

30

28.6

29.7

30.6

28.5

28.5

27.3

26.7

29.5

30.4

32.2

36.1

35.6

36.1

38.3

38.3

40.0

40.6

41.4

31

39.8

40.7

42.1

40.3

40.3

393

38.6

41.4

42 2

43.7

47.8

47.1

47.8

50.1

49.9

51.6

52.2

53.0

32

15.7

16.6

17.3

152

15.0

13.8

13.1

15.8

16.4

17.7

215

20.5

21.0

23.0

22.6

24.0

24.4

24.9

33
34
35

24.1
-3
40.1

24.1
.8
39.8

24.8
-.9
43.0

25.1
-.6
40.9

25.3
.5
39.8

25.4
.3
39.0

25.5
-.1
38.6

25.6
1.0
40.4

25.8
.3
41.9

26.0
-2
43.9

26.3
.4
47.3

26.6
-.1
47.2

263
-.8
48.5

27.1
.5
49.5

27.3
1.0
49.0

27.6
.2
51.4

27.8
-2
52.5

28.1
-.8
53.7

21
22
23
24

K

Net Interest
Addenda:
Corporate profits after tax with inventory valuation
and capital consumption adjustments.
Net cash flow with inventory valuation and capital
consumption adjustments.
Undistributed profits with inventory valuation and
capital consumption adjustments.
Equals: Net cash flow




Table 1.14.—National Income by Type of Income: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

II

I

III

1

IV

II

1967

1966

1965

1964
Line

III

IV

I

II

III

I

IV

II

191
38
III

IV

721.6

740.4

1

II

t

531.1

5393

549.7

556.4

5732

584.6

596.0

614.1

633.9

642.6

653.7

685.6

671.0

6765

690.4

704.1

Compensation of employees
Wage and salary accruals
Government
Other
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income

2
3
4
5
6
7
8

360.3
328.2
63.1
265.1
32.1
17.2
15.0

367.7
334.8
64.1
270.7
32.9
17.4
15.5

375.0
341.4
65.6
275.8
33.6
17.7
16.0

381.0
346.7
66.7
279.9
34.3
17.8
16.5

387.6
352.8
67.4
285.4
34.9
17.8
17.0

394.4
358.8
68.5
290.3
35.6
18.0
17.6

402.6
366.2
70.4
295.7
36.5
18.3
18.1

414.6
377.1
73.1
304.0
37.5
18.9
18.7

426.9
385.7
74.9
310.8
41.2
22.1
19.2

438.1
395.9
76.8
319.0
42.2
22.5
19.7

449.2
406.1
79.7
326.3
43.1
23.1
20.1

4573
413.4
81.9
331.5
44.2
23.5
20.7

463.9
418.8
83.4
335.4
45.1
24.1
21.0

469.4
423.5
84.9
338.6
45.8
24.6
21.2

479.0
431.9
87.0
344.9
47.0
25.2
21.8

4893
441.5
90.3
351.2
48.3
25.8
22.5

5045
454.1
92.7
361.5
50.4
26.8
23.6

518.0
465.9
95.1
370.7
52.1
27.3
24.8

Proprietors' Income with Inventory valuation and
capital consumption sdjustments.
Farm
Proprietors' income with inventory valuation
adjustment.
Capital consumption adjustment
Nonfarm
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment

9

593

59.9

60.9

623

63.0

644

65.5

67.6

70.4

68.4

68.9

69.9

70.4

70.0

72.0

71.4

733

745

10
11

10.8
11.6

10.1
10.9

10.4
11.1

11.8
12.6

12.0
12.8

12.8
13.6

13.3
14.1

14.0
14.8

15.7
16.5

13.5
14.3

13.5
14.4

13.7
14.6

13.2
14.1

12.3
13.2

13.0
13.9

12.5
13.5

12.5
13.5

12.3
13.3

12
13
14
15
16

-.8
48.5
47.8
0
.7

-.8
49.7
49.0
0
.7

-.8
50.5
50.0
-.1
.7

-.8
50.6
50.0
-.1
.6

-.8
51.0
50.5
-.1
.5

-.8
51.6
51.3
-.1
.4

-.8
52 2
52.0
-.2
.3

-.8
53.6
53.6
-.3
.3

-.8
54.7
54.6
-.2
.3

-.9
54.9
55.0
-.3
.2

-.9
55.5
55.7
-.4
.2

-.9
56.2
58.1
0
.2

-.9
57.2
57.0
0
.1

-.9
57.7
57.8
-.2
.1

-.9
59.0
59.2
-.3
.1

-1.0
58.9
59.2
-.4
.1

-1.0
60.5
60.9
-.4
0

-1.0
62.2
62.6
-.4
-.1

National Income.

Rental Income of persons with capital consumption
adjustment.
Rental income of persons
Capital consumption adjustment

17

20.9

20.9

21.1

21.1

214

21.7

22.0

22.0

224

22.3

22.6

223

232

235

233

235

225

22.7

18
19

22.8
-1.9

22.9
-2.0

23.0
-2.0

23.2
-2.1

23.5
-2.1

23.8
-2.1

24.1
-2.1

24.3
-2.3

24.6
-22

24.8
-2.5

25.0
-2.5

25.3
-2.6

25.9
-2.7

26.5
-2.7

26.6
-2.7

26.4
-2.9

26.0
-3.1

25.9
-3.1

20

73.1

73.0

74.1

73.0

813

83.1

84.2

882

91.4

90.1

884

89.5

86.8

85.7

873

90.1

912

943

67.3
68.0
27.9
40.1
18.8
21.3
-.7
5.7

74.8
75.2
29.4
45.8
19.1
26.7
-.4
6.2

76.6
77.7
30.3
47.4
19.8
27.5
-1.1
6.5

77.3
78.8
30.9
48.0
20.5
27.4
-1.5
6.9

81.6
83.6
32.9
50.7
21.3
29.4
-1.9
6.6

84.6
85.7
34.0
51.8
21.4
30.3
-1.2
6.8

83.3
85.9
34.0
51.9
21.1
30.8
-2.7
6.8

81.6
85.2
33.6
51.5
20.8
30.7
-3.6
6.8

82.6
83.5
33.0
50.5
20.4
30.2
-1.0
7.0"

80.0
80.3
32.2
48.1
21.5
26.6
-.4
6.8

78.7
80.0
31.9
48.1
22.2
25.9
-1.3
7.0

79.6
81.3
32.2
49.1
22.7
26.4
-1.7
7.4

82.7
85.5
34.2
51.4
21.9
29.5
-2.8
7.3

83.8
88.5
38.5
49.9
23.6
26.4
-4.7
7.4

87.3
90.3
39.2
51.0
24.4
26.6
-2.9
7.4

26.7

27.6

285

29.4

29.9

305
55.5

Corporate profits with Inventory vsluatlon and
capital consumption sdjustments.
Corporate profits with inventory valuation adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment

21
22
23
24
25
26
27
28

67.3
67.5
27.8
39.7
17.2
22.5
-2
5.9

67.3
67.5
27.8
39.6
17.8
21.9
-.1
5.7

68.2
69.1
28.4
40.6
18.2
22.4
-.9
5.9

Net Interest

29

17.4

17.9

186

18.9

20.2

213

21.6

21.7

22.8

23.8

24.7

25.9

30

45.4

452

45.6

45.1

51.6

52.7

53.4

55.3

57.4

56.1

54.7

56.5

54.5

53.7

54.8

55.9

52.6

56.6

56.3

56.8

56.3

62.8

63.8

64.3

66.2

68.8

68.8

68.4

71.6

69.2

68.5

69.8

72.7

68.7

71.8

32

28.1

27.4

27.4

26.4

32.5

32.9

32.8

34.1

35.9

35.0

33.9

36.2

33.1

31.5

32.0

34.0

29.1

31.1

33
34
35

28.5
-.2
56.8

28.9
-.1
56.4

29.3
-.9
57.7

29.9
-.7
56.9

30.3
-.4
63.2

30.9
-1.1
64.9

31.5
-1.5
65.9

32.2
-1.9
68.2

32.9
-1.2
70.0

33.8
-2.7
71.5

34.6
-3.6
72.1

35.5
-1.0
72.6

36.2
-.4
69.6

36.9
-1.3
69.8

37.6
-1.7
71.5

38.7
-2.8
75.5

39.6
-4.7
73.4

40.7
-2.9
74.7

IV

I

II

III

IV

1

II

III

IV

1

II

III

IV

1

II

III

IV

Addenda:
Corporate profits after tax with inventory valuation
and capital consumption adjustments.
Net cash flow with inventory valuation and capital
consumption adjustments.
Undistributed profits with inventory valuation and
capital consumption adjustments.
Consumption of fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow

31

1969

1968
III
National Income
Compensation of employees
Wage and salary accruals
Government
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income
Proprietors' income with inventory valuation and
capital consumption adjustments.
Farm
Proprietors' income with inventory valuation
adjustment.
Capital consumption adjustment
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment

1972

1971

1970

1

756.5

7703

785.1

798.9

815.1

8223

826.7

8372

849.2

8495

882.6

901.1

915.8

934.7

966.6

9843 1314.7 1355.7

2
3
4
5
6
7
8

531.9
478.3
98.7
379.6
53.6
27.8
25.8

5445
489.3
100.0
389.4
55.1
28.4
26.7

5563
499.0
101.2
397.8
57.6
30.3
27.3

570.3
511.3
103.0
408.3
59.0
31.1
27.9

5872
526.3
108.1
418.3
60.8
32.0
28.8

598.9
536.4
109.8
426.6
62.5
32.7
29.8

8094
545.0
114.3
430.7
64.3
33.5
30.9

614.9
549.0
116.4
432.6
65.9
34.0
31.9

623.1
555.6
118.2
437.4
67.5
34.4
33.1

625.1
556.3
119.6
436.6
68.8
34.6
34.2

642.6
570.1
123.8
446.3
72.5
37.7
34.8

654.8
580.2
125.5
454.6
74.6
38.7
36.0

665.3
588.6
127.9
460.7
76.6
39.4
37.3

6775
598.9
129.5
469.4
78.6
39.9
38.7

702.2
617.8
134.0
483.8
84.4
44.1
40.3

717.6
630.4
135.6
494.8
87.2
44.8
42.4

731.6
642.3
138.3
504.0
89.3
45.3
44.0

755.7
664.2
143.2
521.0
91.6
46.2
45.4

9

76.4

77.1

773

79.1

79.9

80.0

793

783

80.9

81.3

83.1

855

88.9

90.4

903

945

1003

107.2

10
11

13.0
14.0

13.3
14.4

13.1
14.2

14.3
15.5

14.9
16.2

16.1
17.4

15.7
17.0

14.2
15.6

15.0
16.4

14.3
15.6

15.0
16.4

15.3
16.8

14.9
16.5

16.3
18.1

15.0
16.9

17.8
19.6

20.7
22.3

24.4
26.0

12
13
14
15
16

-1.0
63.4
63.9
-.4
-.1

-1.1
63.9
64.5
-.5
-.1

-1.2
645
65.3
-.7
-.1

-1.2
64.8
652
-.4
0

-1.2
65.0
65.1
-.2
.1

-1.3
63.9
64.4
-.6
.1

-1.3
64.1
64.5
-5
.1

-1.4
64.6
85.0
-.3
-.1

-1.3
65.9
66.5
-.6

-1.4
67.0
68.0
-.7
-.2

-1.4
68.0
69.0
-.5

-1.5
70.2
71.3
-.7

-1.6
72.0
72.9
-.5

-1.8
74.0
74.6
-.5

-1.9
75.6
76.1
-.6

-1.8
76.7
77.1
-.6

-1.6
80.1
80.5
-.8

-1.5
82.7
83.3
-1.0

Rental income of persons with capital consumption
adjustment.
Rental income of persons
Capital consumption adjustment

17

22.7

225

23.0

23.6

23.6

23.3

233

235

23.1

243

243

243

243

24.7

25.7

215

245

254

18
19

25.9
-3.1

26.0
-3.5

26.8
-3.7

27.4
-3.9

27.5
-3.9

27.4
-4.1

27.3
-4.1

28.0
-4.5

27.3
-42

28.6
-4.3

28.7
-4.7

29.6
-4.8

29.8
-5.0

29.9
-5.2

31.1
-5.4

28.4
-6.9

30.2
-5.7

31.5
-6.1

Corporate profits with inventory valuation and
capital consumption adjustments.
Corporate profits with inventory valuation adjustment

20

94.9

96.1

95.7

92.8

90.2

85.1

775

81.0

803

753

883

90.7

92.9

96.0

1015

1025

1073

114.9

21
??

27
28

87.6
90.6
39.4
51.2
25.1
26.1
-3.0
7.3

88.9
93.0
40.3
52.7
25.4
27.3
-4.1
7.2

88.0
93.0
41.3
51.7
25.2
26.5
-4.9
7.7

85.0
90.2
40.2
50.0
25.3
24.7
-52
7.8

82.3
872
38.8
48.4
25.2
23.2
-4.9
7.9

77.4
85.8
38.4
47.4
252
22.2
-8.4
7.7

70.1
78.9
342
44.7
24.5
20 2
-8.8
7.4

74.1
78.7
34.3
44.4
23.9
20.5
-4.6
6.9

73.9
80.2
35.2
44.9
23.3
21.6
-6.2
6.7

69.3
75.9
33.7
42.1
23.1
19.1
-6.6
6.5

82.5
86.1
37.4
48.8
23.8
25.0
-3.6
6.1

842
88.9
382
50.7
23.7
27.1
-4.7
6.4

86.1
91.7
37.5
54.2
23.8
30.4
-5.6
6.7

89.1
93.6
37.9
55.7
23.7
32.1
-4.5
6.8

93.6
99.4
40.0
59.4
25.0
34.3
-5.8
8.0

94.5
100.4
40.2
60.1
25.5
34.7
-5.8
8.0

98.5
104.3
41.5
62.8
26.1
36.7
-5.8
9.2

105.0
114.0
45.7
68.3
26.5
41.8
-9.0
9.9

29

305

30.7

32.2

33.1

342

35.0

36.7

39.0

41.4

43.1

443

453

45.9

462

465

47.9

50.1

525

30

55.5

55.8

54.5

52.6

51.4

46.7

433

46.7

45.4

42.0

512

525

553

58.1

615

623

66.1

693

31

72.1

73.3

73.3

72.3

72.3

68.8

67.3

72.6

72.9

71.0

80.9

83.3

87.0

90.9

94.0

98.0

99.7

103.6

32

30.4

30.4

29.3

272

26.1

21.5

18.8

22.8

22.0

19.0

27.5

28.8

31.5

34.4

36.5

36.8

40.0

42.7

33
34
35

41.7
-3.0
75.0

42.9
-4.1
77.3

44.0
-4.9
78.2

45.0
-62
77.5

46.1
-4.9
77.2

47.3
-8.4
772

48.4
-8.8
76.1

49.8
-4.6
772

50.8
-62
79.1

52.1
-6.6
77.6

53.4
-3.6
84.5

54.5
-4.7
88.0

55.5
-6.6
92.6

56.5
-4.5
95.3

57.5
-6.8
99.8

61.2
-5.8
103.8

59.7
-5.8
105.5

60.9
-9.0
112.5

Profits tax liability
Profits after tax
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net Interest
Addenda:
Corporate profits after tax with inventory valuation
and capital consumption adjustments.
Net cash flow with inventory valuation and capital
consumption adjustments.
Undistributed profits with inventoiy valuation and
capital consumption adjustments.
Consumption ol fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow




n
24
?5

?fi

Table 1.14.—National Income by Type of Income: Annual, 1929-94, and Quarterly, 1946-94-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

I
National Income
Compensation of employees
Other
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income
Proprietors' income with inventoiy valuation and
capital consumption adjustments.
Proprietors' income with inventory valuation
adjustment.
Capital consumption adjustment
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment
Rental Income of persons with capital consumption
adjustment.
Rental income of persons
Capital consumption adjustment
Corporate profits with inventory valuation and
capital consumption adjustments.
Corporate profits with inventory valuation adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends ..
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net Interest
Addenda:
Corporate profits after tax with inventory valuation
and capital consumption adjustments.
Net cash How with inventory valuation and capital
consumption adjustments.
Undistributed profits with inventory valuation and
capital consumption adjustments.
Consumption of fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow

1

II

III

1

IV

II

1976

1975

1974

1973
Line

III

IV

1

1,092.3 1,114.2 1,140.2 1,182.6 1,189.8 1,202.6 1,228.3 1,238.7 1245.0

II

III

1,274.0 1,3315

Proprietors' income with inventory valuation
adjustment.
Capital consumption adjustment
Nonfarm
Proprietors' income
Inventoiy valuation adjustment
Capital consumption adjustment
Rental Income of persons with capital consumption
adjustment.
Rental income of persons
Capital consumption adjustment

1977
III

IV

I

1573.1 1,420.2 1,442.2 1,4715 1,503.7 1,5545

II
1,614.7

7
8

821.6
716.1
149.5
566.6
105.5
55.7
49.8

844.3
735.3
153.3
582.0
109.1
57.6
51.5

8625
748.1
155.5
592.5
114.4
61.2
53.2

883.3
765.2
158.0
607.1
118.1
62.9
55.2

9055
783.0
161.2
621.8
122.5
64.9
57.6

9185
792.4
166.8
625.6
126.1
66.0
60.2

9215
791.8
170.4
621.4
130.0
68.1
61.9

933.7
800.2
174.3
625.9
133.4
69.3
64.1

959.8
821.2
177.7
643.5
138.7
71.5
67.2

989.8 1,024.6 1,0485 1,073.1 1,100.0 1,1295 1,166.6
845.6
871.1
889.2
929.8
908.3
949.9
980.8
187.1
182.0
193.9
184.6
189.3
196.6
199.5
686.4
702.1
663.6
719.0
735.8
753.3
781.2
144.2
159.3
164.8
170.3
179.6
153.5
185.8
73.6
81.3
83.2
85.2
90.4
792
93.2
70.6
78.0
81.6
85.0
89.2
74.3
92.6

9

fi

108.4

113.8

117.7

1275

119.7

111.2

115.2

116.6

115.1

117.4

125.1

129.4

129.7

131.1

134.9

138.6

143.6

143.4

10
11

24.2
25.9

30.6
32.6

33.3
352

42.5
44.5

32.4
34.5

22.2
24.5

23.4
26.1

25.4
28.5

21.4
24.7

22.0
25.4

26.2
29.7

26.7
30.3

21.4
25.2

18.5
22.5

17.4
21.4

17.1
21.2

18.8
22.9

15.6
19.8

1?
13
14
15
16

-1.7
84.1
85.8
-2.0
.4

-2.0
832
85.6
-2.4
.1

-1.9
84.4
85.8
-1.6
.3

-2.0
85.0
86.6
-2.0
.4

-2.1
87.3
90.0
-3.1
.4

-2.3
89.1
92.2
-3.5
.4

-2.7
91.8
96.7
-5.1
.2

-0.1
91.2
94.7
-3.3
-.1

-3.3
93.8
95.3
-1.3
-.2

-3.5
95.5
96.7
-1.0
-.2

-3.5
98.9
100.4
-1.3
-.2

-3.6
102.8
104.1
-1.2
-2

-3.8
108.2
109.3
-1.0
-.1

-4.0
112.6
114.1
-1.3
-.2

-4.0
117.6
118.9
-12
-.1

-4.1
121.5
122.9
-1.5
0

-4.2
124.8
126.4
-1.8
.2

-4.2
127.8
128.7
-1.1
2

17

24.4

25.7

25.1

28.2

28.0

26.1

26.2

22.7

24.0

255

24.8

25.0

255

24.4

23.6

23.7

23.8

22.6

18
19

30.6
-6.3

31.9
-6.2

33.0
-7.9

35.7
-7.4

35.8
-7.8

34.6
-8.5

35.0
-8.8

32.0
-9.4

33.9
-9.8

35.1
-10.1

35.1
-10.3

35.7
-10.6

36.2
-10.7

35.9
-11.5

35.2
-11.6

35.7
-12.0

36.4
-12.6

36.0
-13.4

20

121.7

118.1

118.9

121.7

113.6

1115

107.8

103.9

106.0

118.7

140.7

147.2

158.7

153.8

154.0

153.1

163.6

184.0

?1

m
24
?5
76
77
28

112.2
128.3
49.2
79.1
27.0
52.1
-16.1
9.5

109.1
130.8
49.6
81.2
27.8
53.4
-21.7
8.9

110.3
129.3
47.9
81.3
28.3
53.0
-19.0
8.6

112.0
135.4
50.4
85.0
29.4
55.6
-23.4
9.7

104.9
137.8
48.8
89.0
29.8
59.2
-33.0
8.7

104.3
142.6
51.4
91.2
30.4
60.8
-38.3
72

102.4
153.9
56.8
97.1
30.9
66.2
-51.5
5.4

101.9
136.9
50.1
86.8
30.5
56.3
-35.0
2.0

105.7
118.4
42.6
75.8
30.0
45.8
-12.7
.3

119.6
126.9
45.9
81.0
29.7
512
-7.3
-.9

142.5
154.7
56.9
97.8
30.1
67.7
-12.2
-1.8

149.9
161.6
58.2
103.4
30.6
72.8
-11.7
-2.7

162.3
173.9
65.4
108.5
32.8
75.7
-11.6
-3.6

158.4
173.9
64.5
109.4
35.2
74.2
-15.5
-4.5

158.2
174.2
64.1
110.0
36.9
73.2
-15.9
-4.2

156.6
173.2
62.9
110.3
38.6
71.8
-16.6
-3.5

166.9
189.2
67.5
121.7
39.3
82.4
-22.3
-3.3

186.9
202.9
73.1
129.8
40.0
89.8
-16.0
-3.0

29

54.1

54.0

57.0

604

66.0

70.6

73.7

77.1

78.1

792

81.1

81.6

815

844

85.9

885

945

982

30

72.6

68.4

70.9

71.3

64.8

60.0

51.0

53.8

63.4

72.8

83.8

89.0

93.4

89.3

89.9

90.2

96.1

110.9

103.7

98.5

106.4

120.6

133.6

146.6

153.7

157.9

154.3

155.6

157.1

165.3

183.6

r>

31

107.8

105.5

108.6

109.8

105.2

32

45.5

40.6

42.6

41.9

34.9

29.6

20.1

23.3

33.4

43.1

53.7

58.4

60.5

54.1

53.0

51.7

56.8

70.8

62.2
-16.1
123.8

64.9
-21.7
127.2

67.9
-23.4
133.1

70.3
-33.0
138.2

74.1
-38.3
142.0

78.4
-51.5
150.0

83.1
-35.0
141.4

87.2
-12.7
133.2

90.5
-7.3
140.9

92.9
-12.2
158.8

95.2
-11.7
165.4

97.4
-11.6
169.5

100.2
-15.5
169.9

102.6
-15.9
171.6

105.4
-16.6
173.7

108.5
-22.3
187.6

112.8
-16.0
199.6

33
34
35

66.0
-19.0
127.6

1980

1979

1978

1977

Proprietors' Income with Inventory valuation and
capital consumption adjustments.

II

802.7
700.0
147.1
552.9
102.7
54.4
48.3

3
4
5

III

Compensation of employees
Wage and salary accruals
Government
Other
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income

1

783.8
683.2
144.9
538.3
100.5
53.4
47.1

?

Une
National income

IV

IV

I

II

III

IV

I

II

III

IV

1

II

1981
III

IV

I

II

III

IV

1

1,6705 1,713.0 1,751.1 1,844.1 14932 15605 2510.1 25494 2,101.4 2,153.1 2,206.6 2,1845 2,2374 2350.0 2438.7 2,4584 2,5553 2,5524

2
3
4
5
6
7
8

1,1994 1,236.1 14725 15214 1358.1 1,402.7 1,4475 1,4804 15215 1563.7 1,6044 1427.1 1459.7 1,7244 1,7772 1,809.7 1548.2 1476.1
1,007.3 1,038.0 1,064.0 1,106.3 1,137.8 1,176.1 1210.1 1,236.2 1270.8 1,305.8 1,338.3 1,354.8 1,381.0 1,436.3 1,474.8 1,502.5 1,535.3 1,558.0
278.5
273.6
281.9
286.6
238.0
245.9
251.0
257.5
262.8
295.5
230.9
232.9
221.3
2272
203.5
210.1
213.8
217.0
979.2 1,003.3 1,032.8 1,059.9 1,087.3 1,097.3 1,118.2 1,162.7 1,196.3 1220.6 1,248.7 1,262.5
827.9
803.8
850.2
889.3
916.5
948.9
287.7
302.4
278.7
307.2
313.0
250.7
266.4
272.3
318.1
237.7
243.8
257.9
220.3
226.6
192.0
208.0
214.7
198.1
153.4
134.4
137.2
142.0
156.1
158.6
118.8
121.5
124.6
128.0
132.1
160.5
97.6
108.2
111.3
103.5
106.1
95.3
145.7
154.4
126.0
137.9
141.5
149.0
151.1
118.9
122.3
129.9
134.3
157.6
100.5
112.1
115.3
96.6
104.5
108.6

9

146.7

1564

159.7

1704

171.0

176.7

1815

184.1

188.7

1865

1795

160.1

1764

1902

1944

183.2

1924

1804

10
11

15.1
19.4

20.6
25.1

21.1
25.7

23.4
28.1

23.1
28.0

20.9
26.0

27.3
32.6

24.7
30.4

25.7
31.6

23.6
29.9

14.3
21.0

1.6
8.8

12.3
19.6

20.6
282

20.4
26.3

20.8
29.1

27.4
35.9

18.8
27.5

12
13
14
15
16

-4.3
131.6
132.3
-1.0
.3

-4.5
135.5
136.5
-1.3
.3

-4.6
138.6
138.1
.1
.3

-4.7
147.2
149.2
-2.4
.4

-4.9
147.9
150.3
-32
.8

-5.1
155.8
157.3
-2.8
1.3

-5.3
153.7
152.8
-.8
1.7

-5.6
159.4
159.3
-1.7
1.8

-5.9
163.0
164.5
-2.9
1.3

-6.3
162.7
167.0
-6.1
1.8

-6.8
165.2
171.0
-7.0
12

-7.1
1585
157.9
-.7
1.3

-7.3
164.2
163.0
-1.3
2.4

-7.6
169.6
168.9
-3.0
3.8

-7.9
174.0
169.7
-1.0
5.3

-82
162.4
158.3
-2.3
6.4

-8.5
165.0
159.1
-12
7.0

-8.7
161.6
155.9
-1.3
6.9

17

224

225

23.9

23.4

25 5

263

285

25.1

24 4

29.3

34.2

344

313

354

434

42.7

43.9

475

18
19

36.2
-14.0

37.1
-14.6

39.3
-15.4

39.5
-16.2

42.4
-16.8

44.0
-17.6

46.7
-182

44.8
-19.6

45.5
-21.0

505
-21.2

56.6
-22.4

57.7
-232

55.2
-23.9

60.4
-25.0

695
-25.7

69.0
-26.3

70.7
-26.8

74.6
-27.1

Corporate profils with Inventory valuation and
capital consumption adjustments.
Corporate profits with inventory valuation adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment

20

198.7

191.0

183.1

2105

2154

2263

215.0

215.4

213.7

208.4

206.7

173.7

178.2

1944

2104

2003

220.4

1964

21
22
23
24
25
26
27
28

200.4
211.0
75.8
1352
41.5
93.7
-10.6
-1.7

193.1
210.8
75.8
134.9
42.4
92.6
-17.7
-2.1

186.3
208.6
70.8
137.8
43.6
942
-22.3
-3.2

214.8
239.7
855
154.3
44.6
109.6
-24.9
-3.9

2202
244.8
865
158.3
46.9
111.4
-24.6
-4.4

230.9
259.4
91.2
168.1
49.1
119.0
-28.4
-4.6

2203
257.6
89.1
168.4
50.5
117.9
-37.3
-6.3

2222
263.9
89.5
174.4
51.9
122.6
-41.7
-6.9

221.6
2665
88.4
178.4
52.8
125.6
-452
-7.9

216.6
258.8
85.0
173.8
54.7
119.1
-42.2
-8.3

2165
270.9
962
174.6
57.7
117.0
-54.4
-9.8

184.4
219.4
74.4
144.9
59.0
86.0
-35.0
-10.7

188.8
231.8
802
151.6
594
91.8
-43.0
-10.6

203.8
243.5
88.2
155.3
60.9
94.3
-39.7
-9.3

212 2
251.7
912
160.5
64.3
962
-39.4
-1.6

198.4
224.2
79.6
144.6
68.8
75.8
-25.9
1.9

212.9
231.8
83.4
148.4
72.3
76.2
-18.9
7.5

192.7
211.4
70.4
141.0
72.6
68.3
-18.6
4.1

Net interest

29

1034

1075

1125

1182

122.7

1285

1374

145.0

153.0

165.4

1815

1894

1913

2054

212.7

222.7

2504

252.1

30

122.9

1152

112.3

1255

129.3

135.1

125.8

125.9

125.3

123.4

110.4

99.3

97.9

106.3

119.5

120.7

137.1

126.4

217.7

211.6

2175

229.8

247.0

2535

272.0

273.3

524

40.3

38.2

45.4

552

51.9

64.8

53.7

179.3
-43.0
260.5

184.4
-39.7
2695

191.8
-39.4
286.4

201.6
-25.9
279.4

2072
-18.9
290.9

219.6
-18.6
292.0

Addenda:
Corporate profits after tax with inventoiy valuation
and capital consumption adjustments.
Net cash flow with inventory valuation and capital
consumption adjustments.
Undistributed profits with inventory valuation and
capital consumption adjustments.
Consumption of fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow




31

196.9

192.1

193.4

2084

215.0

2232

217.9

223.0

227.1

228.9

32

81.4

72.8

68.7

80.8

82.4

86.0

75.3

74.0

72.5

68.7

33
34
35

115.5
-10.6
2075

119.3
-17.7
209.7

124.7
-22.3
215.7

128.0
-24.9
233.7

1325
-24.6
239.5

1372
-28.4
251.6

142.6
-37.3
255.1

149.0
-41.7
264.7

154.6
-452
272.3

1602
-422
271.1

164.9
-54.4
272.1

1713
-35.0
246.6

Table 1.14.—National Income by Type of Income: Annual, 1929-94, and Quarterly, 1946-94-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

II

1
National Income

1

Compensation of employees
Wage and salary accruals
Government
Cither
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income

2
3
4
5
6
7
8

Proprietors' income with inventory valuation and
capital consumption adjustments.
Farm
Proprietors' income with inventory valuation
adjustment.
Capital consumption adjustment
Nonfarm
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment

9

Rental income of persons with capital consumption
sdjustment.
Rental income ol persons
Capital consumption adjustment
Corporate profits with inventory valuation and
capital consumption adjustments.
Corporate profits with inventory valuation adjustment
Profits tax liability
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest
Addenda:
Corporate profits after tax with inventoty valuation
and capital consumption adjustments.
Net cash flow with inventory valuation and capital
consumption adjustments.
Undistributed profits with inventory valuation and
capital consumption adjustments.
Consumption of fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow

III

1

IV

III

IV

I

2,551.8 2,609.2 2512.9 2,629.5 25745 2,763.7 2530.7 2504.4 3,0525
1,899.9 1,919.5 1,939.0 1,952.0 1,979.0 2,019.8 2,062.1 2,116.0 2,1863
1,573.5 1,587.3 1,602.5 1,612.4 1,629.8 1,662.0 1,699.2 1,748.3 1,794.1
338.7
329.5
322.7
326.9
315.7
319.0
308.9
300.2
304.3
1,273.3 1,283.0 1,293.6 1,296.7 1,310.8 1,339.3 1,372.3 1,418.9 1,455.4
392.3
367.7
357.8
362.9
349.2
339.7
336.5
326.4
332.1
207.8
186.3
181.0
183.3
170.5
178.2
169.4
165.4
167.9
184.5
181.4
176.8
179.6
171.0
167.1
169.2
164.2
161.0
167.4

182.0

II

III

I

IV

II

191
96
III

IV

1

II

3,1463 3,2123 3,246.1 3,319.0 33505 3,4115 3,452.2 35225 3523.6
2,236.9 2,2822 23225 2,3675 2,402.9 2,442.1 2,489.9 2524.2 2546.8
1,838.1 1,877.6 1,911.4 1,946.6 1,976.5 2,009.4 2,0502 2,078.1 2,095.7
369.7
382.7
387.8
392.9
351.2
3652
356.9
376.5
344.5
1,493.6 1,526.3 1,554.5 1581.4 1,606.8 1,632.9 1,667.5 1,690.3 1,702.8
451.1
421.2
439.7
411.2
426.5
432.7
446.1
404.6
398.8
237.9
225.3
231.6
236.2
214.9
217.0
222.9
227.8
211.5
213.2
189.8
198.3
201.1
209.8
187.3
194.2
204.9
208.1

1775

191.0

188.0

1904

189.0

200.1

236.4

250.3

258.5

249.6

268.4

265.1

2664

2743

2715

275.7

13.4
22.2

6.4
15.2

-4.2
4.4

.9
9.4

21.7
30.2

23.8
32.3

22.7
31.1

24.5
32.7

25.9
34.0

22.9
30.8

21.5
29.3

24.0
31.8

20.1
27.9

20.5
28.4

-8.5
199.3
179.3
-.3
20.2

-8.5
214.7
192.3
-.4
22.8

-8.5
226.5
202.1
-.7
25.1

-8.4
235.8
208.6
-.3
27.5

-8.3
225.1
195.7
-.5
29.9

-8.1
242.5
210.2
.5
31.9

-8.0
242.2
208.4
-2
34.0

-7.9
245.0
209.2
0
35.8

-7.8
250.2
214.1
-1.2
37.3

-7.8
251.8
211.4
1.0
39.3

-7.9
255.2
215.4
0
39.8

10
11

15.7
24.5

14.0
22.9

13.2
22.1

14.9
24.0

12
13
14
15
16

-8.8
151.7
148.3
-3.2
6.7

-8.9
168.0
161.8
-.5
6.8

-8.9
164.6
156.2
.8
7.7

-9.1
176.1
166.5
.6
9.0

-8.9
174.6
163.3
-12
12.5

-8.7
184.0
170.0
-1.2
15.1

-8.6
193.2
176.3
-.3
17.2

17

46.6

455

46.2

47.7

462

46.0

445

48.0

48.1

46.0

505

55.9

525

48.8

46.1

45.1

46.3

435

77.0
-28.9

75.2
-29.2

79.9
-29.6

85.6
-29.7

82.2
-29.9

78.6
-29.8

78.4
-32.3

77.8
-32.7

77.2
-30.8

74.9
-31.1

18
19

74.2
-27.6

73.5
-28.1

74.5
-28.3

77.6
-29.9

74.7
-28.4

74.3
-28.4

74.5
-30.1

76.8
-28.8

20

176.0

186.0

186.6

180.6

2015

238.6

252.9

247.7

285.4

297.1

290.0

2875

3012

300.0

318.9

295.7

315.9

294.9

245.5
258.6
101.4
157.2
82.7
74.5
-13.1
51.6

233.3
232.8
87.5
145.3
82.5
62.8
.5
56.7

226.1
225.3
83.9
141.3
84.4
56.9
.8
61.7

229.8
224.6
95.5
129.1
87.7
41.4
5.2
71.5

225.1
224.7
93.0
131.7
91.1
40.6
.4
74.8

244.0
2342
99.7
134.6
94.4
40.1
9.8
74.9

223.0
236.2
97.8
138.3
98.0
40.3
-13.2
72.8

251.2
215.1
102.5
112.5
105.2
7.3
36.1
64.8

234.1
215.8
102.7
113.1
110.8
2.3
18.3
60.8

331.3

3303

3293

333.9

3383

3472

363.7

3625

?7
28

164.4
176.3
62.4
113.9
69.9
44.0
-12.0
11.6

172.3
181.6
65.3
116.3
68.2
48.0
-9.4
13.7

169.0
178.7
65.2
113.5
69.0
44.5
-9.8
17.7

161.6
170.3
59.3
111.0
72.2
38.8
-8.6
19.0

172.8
172.7
58.9
113.8
76.4
37.4
.1
28.7

206.1
216.3
79.4
137.0
79.8
572
-10.3
32.6

217.0
235.9
88.4
147.5
82.7
64.8
-18.9
35.8

218.8
226.2
82.2
143.9
84.1
59.8
-7.4
29.0

249.3
260.1
103.3
156.8
83.4
73.4
-10.8
36.1

29

261.8

276.2

263.2

258.2

259.8

268.9

2825

292.6

296.6

3155

30

113.6

120.6

121.4

121.3

142.6

159.3

164.4

165.5

182.1

195.7

202.5

203.8

205.7

206.9

219.3

197.9

213.4

192.2

365.7

377.4

371.6

373.4

387.1

366.8

379.5

357.5

119.5

118.0

115.9

124.8

99.9

108.2

81.4

258.0
.8
376.6

253.6
5.2
366.4

257.5
.4
373.0

262.2
9.8
377.3

266.9
-132
380.0

271.3
36.1
343.4

276.1
18.3
339.1

21
22
23
24
25

?fi

31

260.5

273.9

277.2

280.1

294.3

311.3

316.7

3402

340.5

355.2

32

43.7

52.4

525

49.1

66.2

79.5

81.7

81.4

98.8

113.1

120.0

258.8
-7.4
347.5

241.7
-10.8
351.3

242.1
-13.1
368.3

245.7
.5
365.1

33
34
35

216.8
-12.0
272.4

221.5
-9.4
283.3

224.7
-9.8
286.9

230.9
-8.6
288.7

III
1

228.1
.1
294.1

231.9
-10.3
321.6

234.9
-18.9
335.6

1987

1986
Line
National Income

II

1985

1984

1983

1982
Line

IV

1

II

III

IV

1

II

191
M

1989

1988
III

IV

1

II

III

IV

1

II

3555.0 3500.5 3,677.2 3,770.2 3,8515 3,952.8 4,019.7 4,101.9 4,1855 4,274.2 43385 43875 4,4152 44484 4563.7 4,6645
2583.9 2,634.9 2584.2 2,7285 2,773.8 2,844.1 2,889.9 25523 3,000.0 35534 3,096.4 3,1273 3,165.4 32175 32855 3344.7
2,125.7 2,166.7 2,209.6 2,246.9 2,287.3 2,346.9 2,380.9 2,435.7 2,476.3 2,521.4 2,556.0 2,578.1 2,607.1 2,651.3 2,704.0 2,753.0
514.3
482.8
491.1
504.3
452.7
468.9
474.8
447.6
460.0
420.4
425.1
432.6
441.3
414.5
399.0
406.8
1,726.7 1,760.0 1,795.1 1,826.5 1,862.2 1,914.4 1,939.6 1,988.1 2,023.6 2,061.5 2,087.1 2,103.3 2,124.3 2,160.2 2,199.6 2,238.6
591.7
558.4
566.2
581.5
540.4
497.2
523.7
549.1
516.6
532.0
481.8
486.6
509.0
474.6
458.2
468.2
290.1
294.0
281.9
283.1
270.4
2772
279.4
253.4
266.9
273.9
250.9
263.2
2482
246.3
240.3
245.3
291.4
297.8
269.7
276.5
283.1
2632
243.8
249.6
253.3
258.0
235.7
245.9
228.3
233.7
222.9
217.9

III

IV

4,6745 4,7054
3384.9 3395.9
2,784.5 2,788.8
529.4
520.8
2,263.6 2259.3
607.1
600.5
296.4
297.9
309.2
304.0

Compensation of employees
Wage and salary accruals
Government
Other
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income

2
3
4
5
6
7
8

Proprietors' income with Inventory valuation and
capital consumption adjustments.
Farm
Proprietors' income with inventory valuation
adjustment.
Capital consumption adjustment
Nonfarm
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment

9

287.2

283.0

2965

302.7

308.1

313.1

330.1

339.0

3405

331.6

361.9

3565

3523

358.9

367.7

375.4

3785

3744

10
11

28.1
36.1

28.0
35.9

29.3
37.1

31.6
39.3

31.5
39.2

33.7
41.3

38.9
46.6

30.6
38.2

27.9
35.5

12.5
20.2

39.0
46.6

38.4
45.9

33.2
41.1

34.5
42.2

35.5
43.3

38.3
46.0

34.9
42.8

33.1
41.0

12
13
14
15
16

-7.9
259.1
219.8
-.4
39.7

-7.9
255.0
216.8
-.7
39.0

-7.7
267.1
230.6
-.5
37.1

-7.7
271.1
236.1
-1.4
36.3

-7.7
276.5
241.4
-.9
36.0

-7.6
279.5
244.5
-1.0
36.0

-7.7
291.2
255.8
-1.1
36.5

-7.6
308.4
272.7
-1.2
37.0

-7.6
312.6
276.9
-1.9
37.7

-7.7
319.1
282.7
-1.6
38.0

-7.5
322.9
285.9
-2.5
39.5

-7.5
318.1
281.0
-2.1
39.1

-8.0
319.1
282.0
-.3
37.4

-7.6
324.4
290.4
-.8
343

-7.8
3322
3022
-1.0
31.0

-7.8
337.1
309.4
-.4
28.2

-7.9
343.7
319.7
-1.7
25.6

-7.9
341.3
319.6
-1.9
23.6

Rental Income of persons with capital consumption
adjustment.
Rental income ol persons
Capital consumption adjustment

17

394

36.4

424

415

42.9

523

52.4

54.2

52.7

61.2

575

56.8

47.7

452

55.1

57.6

644

66.7

18
19

71.0
-31.7

68.7
-32.3

74.9
-32.5

74.4
-32.9

76.3
-33.4

86.0
-33.7

86.8
-34.4

89.1
-34.9

87.8
-35.1

96.7
-35.5

93.0
-35.9

93.5
-36.7

91.9
-44.2

87.3
-42.1

92.8
-37.7

95.4
-37.8

102.7
-38.4

105.3
-38.6

Corporate profits with inventory valuation and
capital consumption adjustments.
Coiporate profits with inventory valuation adjustment
Profits before tax .
Profits tax liability
Profits after tax
Dividends ..
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment

20

2775

287.1

2955

330.1

352.7

354.1

357.4

3725

3895

408.7

3815

3835

3844

3705

396.4

4215

3792

3905

21
22
23
24
25
26
27
28

219.7
220.1
104.4
115.7
112.8
2.9
-.3
57.6

231.0
239.4
116.4
123.0
112.1
10.9
-8.4
56.1

236.8
255.5
111.1
144.4
108.5
35.9
-18.7
58.9

270.0
294.4
127.1
1673
105.7
61.6
-24.4
60.0

291.2
308.4
134.6
173.8
105.9
67.9
-172
61.5

293.7
316.1
1355
180.6
107.8
72.8
-22.4
60.5

299.0
327.9
126.9
201.0
110.3
90.6
-28.9
58.4

314.9
352.4
135.3
217.1
114.0
103.0
-37.4
57.6

332.4
359.8
139.5
220.3
119.0
101.3
-27.4
57.4

353.7
377.3
146.3
231.0
123.9
107.0
-23.6
55.1

326.4
373.1
153.8
2193
131.4
87.8
-46.7
54.6

330.0
350.5
143.7
206.7
136.9
69.9
-205
53.9

338.4
329.9
133.0
196.9
141.7
552
8.5
46.0

327.8
339.1
134.7
204.4
1455
58.6
-11.2
42.7

353.4
354.7
133.0
221.7
150.7
71.1
-1.3
43.1

381.1
373.4
141.2
2322
152.4
795
7.7
40.7

341.9
381.9
148.0
233.9
152.4
61.6
-40.0
37.4

356.5
376.7
139.7
237.1
152.0
85.0
-20.3
34.4

Net interest

29

3672

359.0

358.4

367.2

374.1

3892

389.9

3835

4025

4193

4415

463.4

4653

456.2

458.9

4655

467.7

477.5

30

173.0

170.8

184.7

202.9

218.0

218.6

230.4

237.2

250.3

262.4

227.2

240.1

251.4

235.9

263.5

280.6

2312

251.2

446.8

460.4

422.6

433.8

450.3

435.3

456.7

475.8

431.3

456.4

131.3

1385

95.8

103.3

109.8

90.1

112.8

1282

78.9

99.1

340.5
85
441.8

3452
-11.2
446.5

343.9
-1.3
458.0

347.6
7.7
468.1

352.5
-40.0
471.4

357.3
-20.3
476.7

Addenda:
Corporate profits after tax with inventory valuation
and capital consumption adjustments.
Net cash How with inventory valuation and capital
consumption adjustments.
Undistributed profits with inventory valuation and
capital consumption adjustments.
Consumption of fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow




31

341.0

343.7

363.9

388.0

405.9

410.1

425.8

434.1

32

60.2

58.6

76.2

97.2

1122

110.8

120.1

123.2

33
34
35

280.9
-.3
341.4

285.0
-8.4
352.0

287.7
-18.7
382.5

290.8
-24.4
412.4

293.7
-17.2
423.1

299.2
-22.4
432.5

305.7
-28.9
454.7

310.9
-37.4
471.5

315.5
-27.4
474.2

321.9
-23.6
484.0

326.9
-46.7
469.3

330.5
-205
4543

Table 1.14.—National Income by Type of Income: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1991

1993

1992

1994

Line
1

II

III

IV

1

II

III

IV

1

II

III

IV

5,236.9

5,281.7

5,388.7

I

II

III

IV

5,423.2

1

4,715.8

4,744.9

4,774.1

4,811.7

4,927.9

4,981.5

4,949.5

5,102.6

5,159.8

5,5565

5536.1

5,7474

Compensation of employees
Wage and salary accruals ..
Government
Other
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income

2
3
4
5
6
7
8

3,405.7
2,789.5
541.5
2,248.0
616.2
303.8
312.4

3,440.7
2,814.7
544.9
2,269.8
626.0
306.3
319.7

3,474.2
2,838.8
546.9
2,292.0
635.4
309.1
326.3

3,511.0
2,867.1
550.8
2,316.3
643.8
311.4
332.4

3,577.1
2,916.5
561.4
2,355.1
660.7
319.9
340.8

3,626.5
2,956.2
567.2
2,389.0
670.3
322.7
347.6

3,6692
2,988.2
569.8
2,418.3
681.0
325.1
355.9

3,707.0
3,021.7
572.5
2,449.2
685.3
324.2
361.1

3,7492
3,045.5
581.1
2,464.5
703.8
330.0
373.8

3,7962
3,079.3
581.5
2,497.7
717.0
334.7
382.3

3,837.6
3,111.0
586.3
2,524.7
726.6
337.1
389.5

3,876.2
3,140.4
588.4
2,552.0
735.8
340.9
394.9

35374
3,190.7
596.0
2,594.8
746.7
347.1
399.5

3,9884
3232.3
601.3
2,631.0
755.6
352.0
403.7

4528.7
3,2672
603.5
2,663.7
761.5
354.6
406.9

4,093.9
3,325.9
608.0
2,717.8
768.1
358.3
409.8

Proprietors' Income with Inventory valuation and
capital consumption adjustments.
Farm
Proprietors' income with inventory valuation
adjustment.
Capital consumption adjustment
Monism
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment

9

3624

378.7

378.9

385.7

410.2

420.8

426.6

437.4

440.3

4522

446.2

464.4

463.9

474.7

4715

476.1

10
11

26.5
34.4

33.4
41.2

27.3
35.2

30.0
37.9

35.9
43.7

37.1
44.9

39.0
47.8

36.5
44.4

29.7
37.7

36.3
44.2

25.6
33.8

38.0
46.0

46.4
54.3

38.8
46.7

33.2
41.1

29.1
37.0

12
13
14
15
16

-7.9
336.0
313.0
.3
22.6

-7.9
345.4
323.3
-.2
22.2

-7.9
351.7
329.9
-.3
22.1

-7.9
355.8
333.7
-.5
22.6

-7.9
374.4
350.8
-.2
23.8

-7.9
383.8
360.7
-1.3
24.4

-8.8
387.6
364.4
-.9
24.1

-7.9
401.0
376.3
-.4
25.1

-8.0
410.6
383.5
-12
28.4

-8.0
416.0
389.0
-.4
27.4

-82
420.6
394.8
-.5
26.3

-8.0
426.5
403.4
-2.4
25.4

-7.9
417.5
408.1
-1.8
11.2

-7.9
435.9
410.9
1.8
23.3

-7.9
438.4
416.6
-1.4
23.2

-7.9
447.0
424.3
-1.0
23.7

National Income

Rental income of persons with capital consumption
adjustment.
Rental income of persons
Capital consumption adjustment

17

66.3

66.0

67.1

725

772

79.5

69.5

91.2

99.7

105.6

106.1

1115

112.7

126.0

130.1

1284

18
19

104.6
-38.3

104.4
-38.4

105.8
-38.8

115.2
-42.9

115.3
-38.2

118.1
-38.6

145.4
-75.9

131.1
-39.8

144.8
-45.1

146.6
-41.0

149.4
-43.3

153.3
-41.9

171.2
-58.4

169.0
-43.0

174.0
-43.9

173.9
-45.0

Corporate profits with Inventory valuation and
capital consumption adjustments.
Corporate profits with inventory valuation adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends ...
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment

20

420.9

408.8

407.2

408.4

444.2

437.2

376.1

454.6

459.2

478.2

492.8

541.2

5124

562.0

590.1

617.7

21
22
23
24
25
26
27
28

388.3
370.7
130.1
240.7
158.6
82.0
17.6
32.6

375.5
368.7
132.3
236.4
162.6
73.8
6.8
33.3

373.8
374.6
136.0
238.6
165.9
72.7
-.8
33.4

375.2
382.8
135.2
247.6
165.3
82.2
-7.6
33.3

411.4
411.1
143.9
267.2
162.1
105.2
.3
32.7

404.3
426.2
150.9
275.2
164.6
110.6
-21.9
32.9

359.4
368.0
127.6
240.4
170.9
69.5
-8.6
16.7

420.5
420.3
149.7
270.6
180.4
90.3
.2
34.1

419.2
431.7
1492
282.5
188.0
94.5
-12.5
40.0

444.4
461.5
165.4
296.1
192.5
103.6
-17.1
33.8

459.8
459.6
161.2
298.4
198.3
100.1
.2
33.0

504.1
508.9
184.9
324.0
204.2
119.7
-4.8
37.1

470.8
475.1
163.0
312.1
203.2
108.9
-4.3
412

5102
525.3
182.8
342.5
211.6
131.0
-15.1
51.8

535.0
5562
194.6
361.6
220.0
141.6
-21.2
55.1

560.3
583.9
208.2
377.7
230.2
147.5
-23.6
57.4

Net Interest

29

460.4

450.6

446.6

434.3

419.2

417.5

408.1

412.4

411.2

404.6

398.9

395.4

397.2

405.6

415.6

430.7

Addenda:
Corporate profits after tax with inventory valuation
and capital consumption adjustments.
Net cash flow with inventory valuation and capital
consumption adjustments.
Undistributed profits with inventory valuation and
capital consumption adjustments.
Consumption of fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow




30

290.8

276.5

271.2

273.2

300-3

286.3

248.5

304.9

309.9

312.8

331.5

356.3

348.9

379.3

395.5

411.5

31

494.3

477.3

470.5

475.0

506.8

492.4

467.6

500.8

504.9

505.3

5262

544.7

571.0

570.5

583.7

594.5

32

132.2

113.9

105.3

107.8

138.2

121.7

77.6

124.5

121.9

120.3

133.2

152.1

145.8

167.7

175.5

181.3

33
34
35

362.1
17.6
476.7

363.4
6.8
470.5

365.2
-.8
471.4

367.1
-7.6
482.6

368.6
.3
506.5

370.7
-21.9
514.3

389.9
-8.6
476.1

376.3
2
500.6

383.0
-12.5
517.5

385.0
-17.1
522.4

393.0
.2
526.0

392.6
-4.8
549.4

425.3
-4.3
575.4

402.8
-15.1
585.6

408.2
-21.2
604.9

413.1
-53.6
618.1

Table 1.15.—National Income by Sector, Legal Form of Organization, and Type of Income: 1929-94
[Billions of dollars]
Line

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1945

1

Sole proprietorships and partnerships
Compensation of employees
Wage and salary accruals
Propnetors' income with inventory valuation and
capital consumption adjustments.
Proprietors' income with inventory valuation
adjustment.
Nonfarm
Proprietors'income
Inventory valuation adjustment
Capital consumption adjustment
Net interest
Other private business
Compensation ol employees
Wage and salary accruals
Supplements to wages and salaries
Proprietors- income with inventory valuation and
capital consumption adjustments.
Proprietors' income witn inventory valuation
adjustment.
Rental income of persons with capital
consumption adjustment.
Rental income ol persons
Capital consumption adjustment
Net interest
Government enterprises
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries

755

60.1

43.7

41.2

50.1

57.8

65.7

73.9

674

72.8

81.1

104.2

1375

1715

184.2

183.2

2

Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Inventory valuation adjustment
Capital consumption adjustment
Net interest

865
785

67.3

52.6

37.0

345

42.4

49.6

56.0

644

574

62.4

70.4

91.7

118.9

142.0

1475

143.4

3
4
5
6
7

45.6
34.3
33.8
.4
10.1

39.1
30.8
30.4
.4
6.9

29.3
25.4
25.0
.4
2.5

19.7
19.0
18.7
.3
-.6

18.5
18.0
17.7
.3
-.5

24.4
21.1
20.7
.3
2.0

27.9
23.1
22.7
.4
3.5

33.1
26.3
25.6
.6
5.7

38.0
30.6
29.3
1.3
6.4

32.5
27.3
25.8
1.4
4.2

36.7
29.8
28.3
1.5
5.8

42.8
32.9
31.2
1.6
9.1

56.8
41.6
39.6
2.0
14.5

73.1
52.9
50.5
2.3
19.6

88.7
64.2
61.3
2.8
24.1

91.5
67.1
63.9
3.2
24.1

84.0
64.1
60.9
3.2
19.7

8
9
10
11

10.4
.5
-.8
1.3

4.2
3.3
-.6
1.4

.4
2.4
-.3
1.4

-1.4
1.0
-2
1.3

1.7
-2.1
-.1
1.0

3.0
-.6
-.3
1.3

4.1
-.2
-.4
1.3

64
-.7
-.4
1.1

72
0
-.8
1.1

4.1
1.0
-1.0
1.1

75
-.7
-.8
1.0

102
-.2
-.9
.8

18.0
-2.5
-1.0
.7

21.7
-1.2
-.9
.7

25.2
-.8
-.4
.5

24.0
-.3
.3
.3

19.7
-.6
.6
.2

12
13
14
15
16

24.1
8.6
8.5
.1
14.9

20.2
7.8
7.7
.1
11.6

16.2
6.4
6.4
.1
9.0

11.2
4.8
4.8
.1
5.6

10.8
4.4
4.3
0
5.8

13.1
5.0
4.9
0
7.6

16.7
5.5
5.4
0
10.7

17.6
6.2
6.1
.1
10.9

20.6
7.1
6.8
2
13.1

18.4
6.8
6.5
.3
11.2

19.4
7.2
6.9
.3
11.7

21.1
7.8
7.5
.3
12.8

27.5
9.8
9.4
.3
17.2

37.2
12.7
12.3
.4
24.0

43.9
14.6
14.2
.4
28.9

46.6
16.2
15.7
.5
30.1

49.5
17.6
17.1
.5
31.6

17
18

6.2
6.3

4.4
4.5

3.5
3.6

2.1
2.2

2.6
2.6

2.9
3.0

5.3
5.3

4.3
4.4

6.1
6.1

4.4
4.5

4.4
4.5

4.5
4.5

6.4
6.6

10.1
10.3

12.0
12.2

12.0
12.2

12.4
12.7

19
20
21
22
23
24

-.2
8.7
8.9
.1
-.4
.6

-.1
7.3
6.9
.8
-.4
.8

-.1
5.5
5.3
.6
-.3
.8

0
3.5
3.4
.3
-.2
.7

0
3.2
4.0
-.5
-.3
.6

-.1
4.6
4.9
-.1
-.2
.6

-.1
5.4
5.6
-.1
-.2
.5

-.1
6.6
6.9
-.1
-.1
.5

-.1
7.0
7.3
0
-.2
.5

-.1
6.7
6.7
.2
-.2
.5

-.1
7.3
7.6
-2
-.2
.5

-.1
8.4
8.6
0
-.2
.5

-.1
10.8
11.6
-.6
-.2
.5

-.2
13.9
14.4
-.4
-.1
.5

-.2
16.9
17.0
-.2
0
.4

-.3
18.2
18.2
-.1
.1
.3

-.3
19.2
19.2
-.1
.1
.3

25
26
27
28
29

8.0
.3
.3
0
0

7.2
.3
.3
0
0

6.3
.2
.2
0
0

5.4
.2
.2
0
0

4.6
2
.2
0
0

4.2
2
.2
0
0

4.3
2
.2
0
0

4.4
.2
.2
0
0

4.7
.3
.3
0
0

5.2
.3
.3
0
0

5.4
.3
.3
0
0

5.6
.3
.3
0
0

6.3
.4
.3
0
.1

7.4
.4
.4
0
.1

7.9
.5
.5
0
.1

8.1
.5
.5
0
.1

8.3
.5
.5
0
.1

30

0

0

0

0

0

0

0

0

0

0

0

0

.1

.1

.1

.1

.1

31
32

0
5.6

0
4.9

0
4.0

0
3.2

0
2.5

0
2.1

0
2.2

0
2.3

0
2.6

0
3.1

0
3.3

0
3.4

0
4.0

0
5.0

0
5.6

0
5.9

0
6.1

33
34
35

6.0
-.4
2.1

5.3
-.4
2.0

4.3
-.3
2.1

3.2
-.1
2.0

2.5
-.1
1.9

2.3
-.2
1.9

2.3
-.1
1.9

2.5
-.2
1.9

2.8
-.3
1.9

3.4
-.3
1.8

3.6
-.3
1.8

3.8
-.4
1.8

4.5
-.5
1.9

5.6
-.5
1.8

6.2
-.6
1.7

6.6
-.8
1.6

7.0
-.9
1.6

36
37
38
39

.8
.8
.7
0

.8
.8
.8
0

.8
.8
.8
0

.7
.7
.7
0

.6
.6
.6
0

.7
.7
.7
0

.8
.8
.8
0

.8
.8
.8
0

.9
.9
.8
0

.9
.9
.9
0

.9
.9
.9
0

1.0
1.0
.9
0

1.1
1.1
1.0
0

1.2
1.2
1.2
0

1.5
1.5
1.4
0

1.5
1.5
1.5
.1

1.6
1.6
1.6
.1

40

2.9

2.7

2.3

1.9

1.7

15

1.9

2.0

24

2.2

24

2.4

2.5

2.9

3.2

3.7

4.1

2.9
2.9
0

2.7
2.6
0

2.3
2.3
0

1.9
1.9
0

1.7
1.7
0

1.8
1.8
0

1.9
1.9
0

2.0
2.0
0

2.3
2.2
0

2.2
2.1
0

2.3
2.3
0

2.4
2.4
0

2.5
2.5
0

2.9
2.9
0

3.2
3.2
0

3.7
3.7
0

4.1
4.1
0

44

Compensation of employees ...
Wage and salary accruals
Supplements to wages and salaries

41
42
43

4.4

4.6

4.7

45

4.7

5.6

64

7.3

6.9

7.7

74

74

95

15.2

255

324

354

45
46
47

Households and Institutions

4.4
4.2
.1

4.6
4.4
2

4.7
4.5
.2

4.5
4.3
.2

4.7
4.5
.2

5.6
5.4
.2

6.0
5.8
.2

7.3
7.1
.2

6.9
6.7
.3

7.7
7.4
.3

7.6
7.4
.3

7.8
7.5
.3

9.5
9.2
.3

15.2
14.8
.4

25.6
25.2
.4

32.3
31.5
.8

35.3
33.4
2.0

48

4

.7

5

A

5

5

4

4

A

.4

A

.4

5

5

.4

5

.4

49
50
51

0
2
.5

0
.1
.6

0
0
.5

0
0
.4

0
0
.3

0
.1
.2

0
.2
.2

0
.1
.2

0
.3
.1

0
.3
.1

0
.3
.1

0
.3
.1

0
.4
.1

0
.4
.1

0
.4
.1

-.1
.4
.1

-.1
.3
.1

52
53

85.7
51.1
14.9

74.6
46.9
11.7

59.6
39.8
9.0

43.3
31.1
5.6

40.9
29.6
5.8

49.8
34.3

57.4
37.4
10.7

65.4
43.0
11.0

73.5
48.0

66.8
45.0
11.2

72.4
48.2
11.7

80.7
52.2
12.9

103.7
64.8
17.3

137.0
85.3
24.1

170.9
109.6
29.1

183.8
121.3
30.3

182.9
123.3
31.7

5.6

4.9

4.0

32

2.5

2.2

2.3

3.1

3.3

3.4

4.0

5.0

5.6

5.9

6.1

3.5

5.7

4.2

5.8

9.1

14.5

19.6

24.1

24.1

19.7

3.7

3.5

3.4

3.4

3.1

3.1

3.0

2.6

2.2

2.1

Addenda:
Compensation of employees (4+13+26+37+41+45)
Proprietors' income with inventory valuation and
capital consumption adjustments (16+29).
Rental income of persons with capital
consumption adjustment (32).
Corporate profits with inventory valuation and
capital consumption adjustments (7).
Net interest (11+24+35)




54
55
56
57

10.1

6.9

2.5

-.6

-.5

4.0

42

4.3

4.0

3.6

7.6
2.1
2.0
3.7

13.1
2.6
6.4
3.5

Table 1.15.—National Income by Sector, Legal Form of Organization, and Type of Income: 1929-94—Continued
[Billions of dollars]
Line
National Income
Domestic business
Corporate business
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Inventory valuation adjustment
Capital consumption adjustment
Net interest
Sole proprietorships and partnerships
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Proprietors' income with inventory valuation and
capital consumption adjustments.
Farm
Proprietors' income with inventory valuation
adjustment.
Capital consumption adjustment
Nonfarm
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment
Net interest
Other private business
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Propnetors' income with inventory valuation and
capital consumption adjustments.
Proprietors' income with inventory valuation
adjustment.
Capital consumption adjustment
Rental income of persons with capital
consumption adjustment.
Rental income of persons
Capital consumption adjustment
Net interest
Government enterprises
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Households and institutions
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
General government
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Rest ol the world
Compensation of employees
Corporate profits
Net interest ..
Addenda:
Domestic income (1-48)
Compensation of employees (4+13+26+37+41+45)
Proprietors' income with inventory valuation and
capital consumption adjustments (16+29).
Rental income of persons With capital
consumption adjustment (32).
Corporate profits with inventory valuation and
capital consumption adjustments (7).
Net interest (11+24+35)




1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

1

182.2

198.7

223.6

217.2

241.7

279.6

2943

309.6

309.8

340.1

360.6

377.1

379.5

413.9

4294

444.8

479.0

2

154.6

174.8

198.4

189.8

212.5

243.0

253.5

267.4

266.5

293.7

310.6

323.6

322.4

3533

364.6

375.1

403.7

3
4
5
6
7

86.2
69.9
66.5
3.4
16.5

104.5
82.2
78.0
4.2
22.3

120.2
91.2
86.9
4.3
29.3

115.7
88.9
84.4
4.5
27.1

132.1
98.7
93.0
5.7
33.8

152.4
114.7
107.5
7.1
38.3

158.7
123.1
115.5
7.6
36.1

170.2
134.1
125.8
8.3
36.4

167.6
132.4
123.6
8.8
35.4

190.2
144.8
134.8
10.0
45.5

202.0
158.3
147.0
11.3
43.9

209.8
166.7
154.0
12.6
43.2

203.7
164.1
151.4
12.7
39.1

230.6
180.5
165.6
14.9
50.2

239.2
190.9
174.5
16.5
48.3

245.6
195.8
178.7
17.1
492

268.5
211.2
191.8
19.4
56.7

8
9
10
11

24.2
-5.3
-2.5
-.2

30.9
-5.9
-2.8
.1

34.6
-2.2
-3.1
-.3

28.5
1.9
-3.2
-.3

41.9
-5.0
-3.2
-.4

43.0
-1.2
-3.5
-.5

38.3
1.0
-3.2
-.5

39.8
-1.0
-2.4
-.3

372
-.3
-1.5
-.1

47.4
-1.7
-.1
-.1

47.5
-2.7
-.9
-.2

45.8
-1.5
-1.0
-.1

40.2
-.3
-.8
.5

50.7
-.3
-.2
-.1

48.0
-2
.5
-.1

47.7
.3
1.2
.6

52.6
0
4.1
.6

12
13
14
15
16

57.1
20.4
19.8
.6
36.4

58.3
22.4
21.8
.7
35.5

64.7
24.0
23.3
.8
40.2

59.7
23.6
22.8
.8
35.6

64,3
25.3
24.3
1.0
38.5

72.6
28.2
27.0
1.2
43.7

74.7
29.9
28.6
1.2
44.2

75.2
31.4
30.1
1.3
43.1

75.2
31.2
29.8
1.4
43.3

78.3
32.2
30.7
1.5
45.3

81.8
34.1
32.4
1.6
46.8

85.1
35.2
33.4
1.8
48.8

87.6
352
33.4
1.8
51.2

89.8
37.1
34.9
2.2
51.5

89.8
37.0
34.6
2.3
51.6

91.9
36.5
34.1
2.4
54.0

94.9
37.2
34.7
2.6
56.1

17
18

14.9
15.2

15.1
15.6

17.5
18.1

12.7
13.3

13.5
14.2

16.0
16.8

15.1
15.9

13.0
13.7

12.5
132

11.5
12.2

11.3
12.1

11.3
12.1

13.1
14.0

10.9
11.8

11.5
12.3

12.1
12.9

12.1
12.9

19
20
21
22
23
24

-.3
21.5
23.2
-1.7
.1
.3

-.5
20.4
21.6
-1.5
.2
.4

-.6
22.8
23.0
-.4
.2
.4

-.6
22.9
22.0
.5
.5
.5

-.6
24.9
25.5
-1.1
5
.6

-.7
27.7
27.5
-.3
.5
.7

-.8
29.0
28.2
.2
.6
.7

-.8
30.1
29.6
-.2
.7
.7

-.7
30.8
30.1
0
.8
.8

-.7
33.8
33.3
-.2
.7
.8

-.8
35.5
35.1
-.5
.9
.9

-.8
37.5
37.0
-.3
.9
1.0

-.9
38.1
37.3
-.1
.8
1.2

-.9
40.6
39.8
0
.8
1.2

-.8
40.1
39.4
0
.7
12

-.8
41.9
41.4
0
.5
1.4

-.8
44.0
43.4
0
.6
1.6

25
26
27
28
29

9.5
.6
.6
0
.2

10.0
.7
.7
0
.2

11.2
.8
.8
0
2

11.8
.8
.8
0
.2

13.4
1.0
.9
0
.2

15.0
1.1
1.0
.1
.3

16.6
1.1
1.0
.1
.3

18.4
1.2
1.1
.1
.3

20.1
1.2
1.1
.1
.3

21.3
1.3
1.2
.1
.3

22.7
1.3
1.2
.1
.3

24.5
1.3
1.3
.1
.3

26.4
1.4
1.3
.1
.4

28.4
1.4
1.3
.1
.3

30.2
1.5
1.4
.1
.4

32.0
1.7
1.5
.1
.4

34.1
1.8
1.7
.1
.4

30

.2

2

2

2

2

.3

.3

.3

.3

.3

.4

.4

.4

.4

.4

.4

.5

0
8.5

0
9.6

0
10.5

0
11.7

0
13.0

0
14.1

0
14.6

0
15.2

0
16.0

0
16.9

0
17.7

0
18.6

0
19.2

0
20.0

31
32

0
7.0

0
7.3

0
8.1

33
34
35

8.0
-1.0
1.8

8.7
-1.4
1.8

9.7
-1.6
2.1

10.1
-1.6
2.3

11.2
-1.7
2.7

12.4
-1.9
3.1

13.7
-1.9
3.5

15.0
-2.0
3.9

16.0
-1.9
4.5

16.6
-2.0
5.2

17.3
-2.1
5.9

18.1
-2.1
6.9

18.9
-2.1
7.8

19.8
-2.0
8.9

20.6
-2.1
9.8

21.2
-2.0
10.7

22.0
-2.0
11.9

36
37
38
39

1.9
1.9
1.8
.1

2.0
2.0
1.9
.1

2.3
2.3
2.2
.1

2.6
2.6
2.5
.1

2.7
2.7
2.6
.1

3.0
3.0
2.9
.1

3.5
3.5
3.4
.1

3.5
3.5
3.4
.1

3.6
3.6
3.5
.1

3.8
3.8
3.7
.1

4.0
4.0
3.8
.2

4.2
4.2
4.0
.2

4.7
4.7
4.4
.3

5.0
5.0
4.7
.4

5.5
5.5
5.1
.4

5.7
5.7
5.3
.4

6.1
6.1
5.7
.5

40

4.5

5.1

5.6

5.9

6.5

6.9

7.2

7.8

8.1

9.1

9.9

10.6

11.5

12.4

13.9

144

154

41
42
43

4.5
4.4
0

5.1
5.1
.1

5.6
5 JS
.1

5.9
5.9
.1

6.5
6.4
.1

6.9
6.8
.1

7.2
7.1
.1

7.8
7.6
.2

8.1
7.9
.2

9.1
8.9
.2

9.9
9.6
2

10.6
10.3
3

11.5
11.2
.3

12.4
12.0
.4

13.9
13.3
.6

14.5
13.9
.6

15.6
14.9
.7

44

22.4

17.6

18.1

20.1

21.2

27.7

31.5

32.4

334

34.8

372

39.8

42.9

44.9

48.1

514

55 4

45
46
47

22.4
18.9
3.5

17.6
15.6
2.0

18.1
16.8
1.3

20.1
18.3
1.8

212
20.0
1.2

27.7
26.3
1.4

31.5
30.0
1.6

32.4
30.9
1.5

33.0
31.4
1.7

34.8
32.9
1.9

372
35.0
2.3

39.8
37.0
2.8

42.9
39.7
3.2

44.9
41.4
3.5

48.1
44.1
4.0

51.6
47.2
4.4

555
50.7
4.8

46

.7

12

1.5

13

1.5

2.0

2.1

2.0

2.2

2.5

2.9

3.2

2.7

24

32

34

42

49
50
51

0
.7
.1

.1
1.0
.1

.1
1.3
2

.1
1.1
.2

.1
1.3
.2

0
1.7
2

0
1.9
.2

0
1.8
2

-.1
2.0
.3

-.1
2.4
.3

-.1
2.8
.2

-.1
3.1
.2

-.1
2.5
.3

-.1
2.7
.2

-.2
3.1
2

-.1
3.3
.4

-.1
3.8
.5

52
53
54

181.5
119.7
36.6

197.5
130.0
35.7

222.1
142.0
40.5

215.8
141.9
35.8

240.2
155.3
38.7

277.6
181.6
44.0

292.2
196.3
44.4

307.6
210.4
43.4

307.6
209.4
43.6

337.6
226.0
45.6

357.7
244.8
47.1

373.9
257.8
49.1

376.8
259.8
51.6

411.1
281.3
51.9

426.6
296.8
51.9

4412
305.7
54.4

474.8
327.5
565

55

7.0

7.3

8.1

8.5

9.6

10.5

11.7

13.0

14.1

14.6

152

16.0

16.9

17.7

18.6

192

20.0

56

16.5

22.3

29.3

27.1

33.8

383

36.1

36.4

35.4

45.5

43.9

43.2

39.1

50.2

48.3

49.2

56.7

57

1.7

2.3

2.3

2.5

2.8

3.3

3.6

4.3

5.1

5.9

6.6

7.8

9.4

10.0

10.9

12.7

14.0

Table 1.15.—National Income by Sector, Legal Form of Organization, and Type of Income: 1929-94—Continued
[Billions of dollars]
Line
National Income

1

1963

1964

1965

506.3

544.1

592.0

1966
648.9

1967
685.5

1968
7473

1969
805.4

1970
840.6

1971
908.6

1972

1973

1974

1975

1976

1977

1978

1979

13053

1,1323

1,214.9

1305.9

1,459.4

13383

13623

2,078.5

2

425.8

456.8

498.0

544.1

5693

617.3

6623

682.4

734.4

8145

9212

9823

13512

1,178.9

1330.0

13253

1,702.1

Corporate business
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Inventory valuation adjustment
Capital consumption adjustment
Net interest

3
4
5
6
7

285.9
222.9
201.9
21.0
62.2

309.3
239.5
216.8
22.7
68.8

341.5
260.1
235.2
25.0
79.4

377.4
288.7
259.2
29.5
85.3

396.9
308.6
277.1
31.6
82.6

436.1
341.6
305.4
36.2
88.6

470.9
379.1
338.0
41.1
84.3

483.5
401.0
356.0
45.0
71.6

522.1
426.3
376.2
50.1
84.2

582.4
474.0
414.8
59.3
97.1

653.4
535.6
464.6
71.1
1052

700.4
589.5
508.9
80.6
91.7

750.9
617.0
528.4
88.5
113.5

8523
698.1
5912
106.9
138.4

972.4
787.8
662.7
125.1
1652

1,1172
9042
756.3
147.9
186.2

1,242.3
1,025.7
857.1
168.6
178.5

8
9
10
11

57.1
.1
5.1
.7

63.5
-.5
5.8
1.0

74.1
-1.2
6.6
2.0

80.6
-2.1
6.9
3.4

77.0
-1.6
7.1
5.7

84.9
-3.7
7.3
6.0

82.5
-5.9
7.8
7.4

71.3
-6.6
6.9
10.8

82 2
-4.6
6.5
11.6

95.0
-6.6
8.8
11.3

116.0
-20.0
92
12.6

125.4
-39.5
5.8
19.2

125.8
-11.0
-1.3
20.4

157.2
-14.9
-4.0
15.9

184.4
-16.6
-2.5
19.4

215.3
-25.0
-4.1
26.8

227.2
-41.6
-7.1
38.1

Sole proprietorships and partnerships
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Propnetors' income with inventory valuation and
capital consumption adjustments.
Farm
Propnetors' income with inventory valuation
adjustment.
Capital consumption adjustment
Nonfarm
Proprietors' income .
Inventory valuation adjustment
Capital consumption adjustment
Net interest

12
13
14
15
16

97.3
38.1
35.3
2.8
57.3

102.6
40.1
37.3
2.8
60.1

108.7
41.3
38.4
2.9
64.6

116.0
43.9
40.5
3.3
68.9

118.6
44.5
41.1
3.4
70.5

125.2
46.4
42.7
3.7
74.8

131.6
48.1
442
3.9
78.7

134.9
49.2
45.1
4.1
79.7

143.0
49.7
45.3
4.4
86.0

157.9
51.7
46.8
4.9
97.7

185.5
58.1
52.4
5.7
116.1

191.4
62.4
56.1
6.3
114.8

202.8
65.9
59.0
6.9
120.8

221.7
70.9
63.7
7.2
132.5

243.2
76.1
68.0
8.1
146.3

277.4
85.4
76.6
8.8
168.4

308.8
95.9
86.0
9.9
183.7

17
18

11.9
12.7

10.8
11.6

13.0
13.9

14.1
15.0

12.7
13.7

12.8
13.8

14.6
15.8

14.8
16.1

15.4
16.9

19.5
21.2

32.6
34.5

25.8
28.4

24.1
27.5

18.6
22.6

17.5
21.8

22 2
27.0

25.3
31.1

19
20
21
22
23
24

-.8
45.4
44.7
0
.7
1.9

-.8
49.4
48.7
-.1
.7
2.4

-.8
51.6
51.4
-.2
.4
2.8

-.9
54.8
54.8
-.2
.2
3.3

-.9
57.7
57.8
-.2
.2
3.6

-1.0
62.0
62.5
-.4
0
4.0

-1.2
64.1
64.5
-.5
.1
4.9

-1.4
64.9
65.5
-.5
0
6.0

-1.6
70.6
71.4
-.6
-.2
7.3

-1.7
78.2
78.6
-.7
.3
8.5

-1.9
83.5
85.1
-2.0
.4
11.3

-2.6
89.0
92.4
-3.8
.4
142

-3.5
96.7
97.9
-1.2
0
16.2

-4.0
113.9
115.0
-1.3
.2
18.2

-4.3
128.8
129.6
-1.3
.6
20.7

-4.8
146.2
147.2
-2.1
1.1
23.7

-5.8
158.3
159.1
-2.9
2.1
29.3

25
26
27
28
29

36.0
1.9
1.8
.1
.5

37.8
2.0
1.9
.2
.5

40.1
2.1
2.0
.2
.5

42.3
2.3
2.1
.2
.5

44.8
2.6
2.4
.2
.5

45.8
2.8
2.5
.2
.5

48.7
3.0
2.8
2
.5

51.2
3.2
2.9
.3
.5

55.3
3.5
3.1
.3
.5

58.9
3.8
3.4
.4
.6

65.4
4.1
3.7
.4
.7

71.1
4.4
3.9
.5
.9

75.2
4.7
4.2
.5
1.0

80.9
5.1
4.5
.6
1.0

88.5
5.7
5.0
.7
1.1

102.8
62
5.6
.6
12

119.6
6.9
6.2
.7
1.4

Domestic business

Other private business
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Propnetors' income with inventory valuation and
capital consumption adjustments.
Proprietors' income witn inventory valuation
adjustment.
Capital consumption adjustment
Rental income of persons with capital
consumption adjustment.
Rental income of persons
Capital consumption adjustment
Net interest

30

.5

.5

.5

.5

.5

.5

.5

.5

.6

.7

.8

1.0

1.2

1.3

1.4

1.5

1.8

31
32

0
20.7

0
21.0

0
21.8

0
22.5

0
23.6

0
22.7

-.1
23.4

-.1
23.6

-.1
24.6

-.1
24.3

-.1
25.8

-2
25.7

-.2
24.7

-.3
24.3

-.3
22.8

-.4
24.8

-.4
26.9

33
34
35

22.6
-1.9
12.9

23.0
-2.0
14.3

23.9
-22
15.7

24.9
-2.5
17.1

26.3
-2.7
18.1

25.9
-3.2
19.9

27.3
-3.9
21.8

27.8
-42
23.9

29.5
-4.9
26.7

30.3
-6.0
30.3

32.8
-7.0
34.8

34.4
-8.6
40.2

34.9
-10.2
44.8

35.7
-11.5
50.4

36.4
-13.6
58.9

41.3
-16.5
70.6

46.9
-20.0
84.5

Government enterprises
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries

36
37
38
39

6.6
6.6
6.1
.5

7.1
7.1
6.5
.6

7.7
7.7
7.1
.6

8.4
8.4
7.7
.7

9.0
9.0
8.2
.8

10.1
10.1
9.3
.8

11.1
11.1
102
.9

12.9
12.9
11.7
1.1

14.1
14.1
12.5
1.5

15.2
15.2
13.5
1.7

16.8
16.8
14.9
1.9

19.3
19.3
16.8
2.5

22.2
222
18.5
3.7

24.0
24.0
19.8
4.3

25.9
25.9
20.9
5.0

285
28.5
23.1
5.5

31.3
31.3
24.9
6.4

40

16.7

17.9

193

21.3

23.4

26.1

29.5

324

35.6

393

43.0

47.2

52.0

57.1

62.4

693

77 3

41
42
43

16.7
15.8
.8

17.9
17.0
.9

19.3
18.3
1.0

21.3
20.1
1.2

23.4
22.0
1.4

26.1
24.6
1.5

29.5
27.7
1.8

32.4
30.3
2.1

35.6
33.1
2.5

39.0
35.9
3.1

43.0
39.3
3.8

472
42.9
4.3

52.0
47.0
5.0

57.1
51.5
5.7

62.4
55.9
6.5

69.8
62.9
6.9

77.3
69.5
7.8

44

59.3

64.4

69.3

78.4

87.4

97.8

1075

119.4

130.9

143.1

155.4

169.7

1895

2063

224.9

2445

2663

45
46
47

59.3
53.9
5.4

64.4
58.3
6.1

69.3
62.8
6.5

78.4
70.6
7.8

87.4
78.2
9.2

97.8
87.3
10.5

107.5
95.4
12.1

119.4
105.4
14.0

130.9
114.2
16.8

143.1
124.2
18.9

155.4
133.8
21.6

169.7
143.6
26.1

189.5
157.6
31.9

206.3
169.0
37.3

224.9
181.5
43.4

244.5
196.8
47.7

266.3
212.1
54.2

Households and institutions
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
General government
Compensation of employees
wage and salary accruals
Supplements to wages and salaries
Rest of the world
Compensation of employees
Corporate profits
Net interest
Addenda:
Domestic income (1-48)
Compensation of employees (4+13+26+37+41+45)
Proprietors' income with inventory valuation and
capital consumption adjustments (16+29).
Rental Income of persons with capital
consumption adjustment (32).
Corporate profits with inventory valuation and
capital consumption adjustments (7).
Net interest (11+24+35)




48

46

5.0

5.4

5.2

5.5

62

6.2

6.4

7.7

8.7

12.7

15.7

13.2

17.1

20.7

22.1

32.9

49
50
51

-.1
4.1
.5

-.1
4.5
.6

0
4.7
.7

0
4.5
.6

0
4.8
.7

0
5.6
.5

0
6.6
-.5

0
7.1
-.7

0
7.9
-.2

0
9.5
-.8

0
14.9
-22

0
17.5
-1.7

0
14.6
-1.4

0
16.5
.6

-.1
19.1
1.6

-.1
22.9
-.7

-.1
34.6
-1.6

52
53
54

501.8
345.6
57.8

539.1
371.0
60.6

586.6
399.8
65.1

643.8
442.9
69.4

680.1
475.5
71.0

741.2
524.7
75.3

799.2
578.2
79.1

834.2
618.1
80.2

900.9
660.0
86.5

996.6
726.8
98.3

1,119.6
813.1
116.8

1,199.1
892.4
115.7

1,292.7
951.3
121.8

1,442.3
1,061.6
133.6

1,617.4
1,182.9
147.4

13402
1,338.6
169.5

2,045.7
1,503.3
185.0

55

20.7

21.0

21.8

22.5

23.6

22.7

23.4

23.6

24.6

24.3

25.8

25.7

24.7

24.3

22.8

24.8

26.9

56

62.2

68.8

79.4

85.3

82.6

88.6

84.3

71.6

84.2

97.1

105.2

91.7

1135

138.4

1652

186.2

178.5

57

15.5

17.6

20.4

23.7

27.4

29.9

34.1

40.8

45.6

50.1

58.6

73.6

81.4

84.5

99.0

121.1

151.9

Table 1.15.—National Income by Sector, Legal Form of Organization, and Type of Income: 1929-94—Continued
[Billions of dollars]
Line

National income .
Domestic business
Corporate business
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Inventory valuation adjustment
Capital consumption adjustment
Net interest
Sole proprietorships and partnerships
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Propnetors' income with inventory valuation and
capital consumption adjustments.
Farm
Proprietors' income with inventory valuation
adjustment.
Capital consumption adjustment
Nonfarm
Proprietors' income ..
Inventory valuation adjustment
Capital consumption adjustment
Net interest

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1

2,244.5

2,501.4

2,600.8

2,793.3

3,164.4

3,383.4

3550.3

3,813.0

4,145.3

4397.3

4,652.1

4,761.6

4,990.4

5,2665

5590.7

2

1,826.5

2,043.8

2,108.4

2,266.3

2,591.1

2,7773

2,912.7

3,130.0

3,405.9

3503.0

3,785.0

3,844.2

4,029.4

4,257.3

4,5555

3
4
5
6
7

1,334.2
1,124.6
938.3
186.3
152.8

1,493.1
1,245.8
1,037.6
208.2
177.4

1,534.7
1,301.1
1,079.3
221.8
154.9

1,655.3
1,374.8
1,139.7
235.1
204.6

1,871.9
1,524.3
1,266.7
257.5
257.4

2,001.3
1,635.4
1,364.3
271.1
270.6

2,097.9
1,733.2
1,445.3
287.9
259.2

2,269.0
1,859.1
1,551.5
307.6
291.5

2,454.7
1,999.2
1,671.0
328.3
331.4

2,580.7
2,106.1
1,760.1
346.0
322.0

2,704.8
2,222.0
1,851.9
370.1
331.3

2,745.4
2264.6
1,875.8
388.9
342.6

2,865.9
2,387.7
1,969.0
418.7
363.1

3,035.0
2,500.7
2,049.3
451.4
419.0

3,266.0
2,642.0
2,164.8
477.2
497.1

8
9
10
11

205.9
-43.0
-10.1
56.7

200.1
-25.7
3.0
70.0

149.3
-9.9
15.5
78.7

182.2
-9.1
31.5
75.9

211.5
-6.6
51.5
90.3

196.5
.5
73.5
95.3

187.9
11.4
59.8
105.5

252.0
-20.7
60.2
118.3

303.6
-29.3
57.1
124.1

290.1
-17.5
49.3
152.7

305.9
-13.5
38.9
151.4

305.5
4.0
33.1
138.2

341.5
-7.5
29.1
115.1

391.6
-8.5
36.0
115.3

461.8
-16.1
51.4
126.9

12
13
14
15
16

313.9
103.3
92.9
10.4
175.1

340.2
110.5
99.5
10.9
186.0

343.0
114.1
102.6
11.4
177.9

364.2
119.4
106.8
12.6
190.2

445.8
131.5
117.0
14.6
246.5

481.1
141.1
125.3
15.8
266.6

504.7
148.1
130.8
17.2
277.6

528.5
154.3
136.7
17.6
303.2

587.0
172.8
152.4
203
333.2

636.3
185.9
162.9
23.0
355.3

660.8
198.6
173.3
25.2
371.8

660.1
201.9
175.0
26.9
374.1

708.8
212.6
184.2
28.4
421.1

748.9
229.7
199.5
302
448.0

790.4
244.5
213.1
31.5
468.6

17
18

12.2
19.4

21.9
30.2

14.5
23.4

4.1
12.8

23.2
31.6

23.6
31.5

24.2
32.1

31.5
39.2

27.5
35.1

36.3
43.9

35.4
43.3

29.3
37.2

37.1
45.2

32.4
40.4

36.9
44.8

19
20
21
22
23
24

-7.2
162.9
163.2
-3.0
2.7
35.4

-8.3
164.1
158.5
-1.4
7.0
43.7

-8.9
163.4
155.9
-.6
8.2
51.1

-8.7
186.0
169.9
-.7
16.9
54.7

-8.4
223.3
196.9
-.5
26.9
67.7

-7.9
243.0
207.9
-.2
35.3
73.4

-7.9
253.4
213.5
0
40.0
79.0

-7.7
271.7
235.7
-1.0
36.9
71.1

-7.7
305.7
269.3
-1.5
37.9
81.1

-7.7
319.0
282.1
-1.4 .
38.3
95.1

-7.8
336.4
309.8
-1.2
27.7
90.4

-7.9
344.8
321.9
-.1
23.0
84.1

-8.1
384.0
359.8
-.7
25.0
75.1

-8.0
415.6
389.2
-1.1
27.5
71.2

-7.9
431.7
411.3
-.6
21.0
77.2

25
26
27
28
29

142.7
7.6
6.8
.8
1.5

169.9
8.2
7.3
.8
1.6

188.0
8.6
7.7
.9
1.7

200.9
9.2
8.2
1.0
1.7

224.2
10.0
8.9
1.1
2.2

242.1
10.7
9.5
1.2
2.0

254.6
11.1
9.8
1.3
1.8

273.7
11.6
10.3
1.3
1.9

300.3
11.8
10.4
1.4
2.1

318.9
12.6
11.1
1.5
2.1

346.2
13.1
11.5
1.6
2.2

362.1
13.3
11.6
1.7
2.4

373.7
13.7
12.0
1.8
2.6

391.8
142
12.4
1.9
2.8

412.8
14.6
12.7
1.9
3.0

Other private business
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Propnetors' income with inventory valuation and
capital consumption adjustments.
Propnetors' income with inventory valuation
adjustment.
Capital consumption adjustment
Rental income of persons with capital
consumption adjustment.
Rental income of persons
Capital consumption adjustment
Net interest

30

2.0

2.2

2.3

2.4

2.8

2.5

2.4

2.5

2.7

2.8

2.9

3.0

3.3

3.5

3.6

31
32

-.5
33.9

-.6
44.5

-.6
46.5

-.6
46.1

-.6
50.1

-.6
48.1

-.6
41.5

-.6
44.8

-.6
55.1

-.6
51.7

-.7
61.0

-.7
67.9

-.7
79.4

-.7
105.7

-.7
124.4

33
34
35

57.5
-23.6
99.8

70.9
-26.5
115.6

75.0
-28.5
131.2

75.1
-28.9
143.8

79.4
-29.4
161.9

79.3
-31.2
181.4

73.0
-31.5
200.2

77.9
-33.1
215.4

90.1
-35.0
231.3

91.4
-39.7
252.5

99.1
-38.1
269.9

107.5
-39.6
278.6

127.5
-48.1
277.9

148.5
-42.8
269.0

172.0
-47.6
270.8

Government enterprises
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries

36
37
38
39

35.8
35.8
28.2
7.6

40.6
40.6
31.7
8.9

42.8
42.8
33.1
9.6

46.0
46.0
35.2
10.7

49.3
49.3
38.1
11.2

53.4
53.4
40.8
12.6

55.6
55.6
42.4
13.1

58.8
58.8
44.9
13.9

63.9
63.9
48.2
15.7

67.1
67.1
50.5
16.6

73.3
73.3
54.4
18.8

76.5
76.5
56.7
19.8

81.0
81.0
59.8
21.3

81.6
81.6
59.8
21.8

86.2
86.2
63.0
23.2

Households end institutions
Compensation of employees
Wage and salary accruals
Supplements to wages arid salaries .

General government
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries .

Rest of the world
Compensation of employees
Corporate profits
Net interest

40

87.1

97.6

108.2

119.2

131.2

140.9

153.7

173.3

195.1

214.6

237.9

257.4

279.1

2965

312.7

41
42
43

87.1
78.4
8.7

97.6
87.7
9.9

108.2
97.3
11.0

119.2
105.8
13.4

131.2
115.1
16.0

140.9
123.3
17.7

153.7
134.2
19.5

173.3
1512
22.1

195.1
169.5
25.7

214.6
184.9
29.8

237.9
203.8
34.1

257.4
219.3
38.2

279.1
237.7
41.3

296.5
250.6
45.8

312.7
263.8
49.0

44

295.6

325.2

353.1

375.8

411.0

4443

471.1

500.7

5312

565.6

608.1

6445

670.8

694.2

714.5

45
46
47

295.6
233.1
62.5

325.2
253.9
71.3

353.1
274.1
79.0

375.8
289.3
86.5

411.0
309.7
101.3

444.3
332.7
111.6

471.1
354.1
116.9

500.7
378.2
122.5

531.2
402.2
129.0

565.6
428.9
136.6

608.1
462.8
145.3

644.3
489.3
155.0

670.8
508.0
162.8

694.2
524.5
169.7

714.5
539.2
175.2

48

35.3

34.7

31.1

32.0

31.1

20.4

12.9

9.0

13.1

14.1

21.1

15.7

11.1

18.7

82

49
50
51

-.1
35.5
-.1

-.2
29.7
5.2

-2
27.4
3.9

-.2
30.6
1.6

-.2
32.7
-1.4

-.2
33.4
-12.8

-.2
34.6
-21.6

-.1
41.6
-32.6

-.2
50.7
-37.6

-.2
58.0
-43.7

-.2
65.7
-44.5

-.2
68.7
-52.9

-.1
64.9
-53.8

-2.1
73.9
-53.0

-2.5
73.4
-62.7

52
53
54

2,209.3
1,654.0
176.6

2,466.7
1,828.0
187.6

2,569.7
1,927.8
179.6

2,761.3
2,044.4
191.9

3,133.3
2,257.3
248.7

3,363.1
2,425.9
268.6

3,537.4
2,572.6
279.5

3,804.0
2,757.8
305.1

4,132.3
2,974.1
335.3

4,383.2
3,151.9
357.4

4,631.0
3,353.0
374.0

4,745.9
3,458.1
376.5

4,979.3
3,645.0
423.8

5,248.0
3,817.0
450.8

5,5825
4,014.5
471.6

Addenda:
Domestic income (1-48)
Compensation of employees (4+13+26+37+41+45)
Proprietors' income with inventory valuation and
capital consumption adjustments (16+29).
Rental income of persons with capital
consumption adjustment (32).
Corporate profits with inventory valuation and
capital consumption adjustments (7).
Net interest (11+24+35)




55

33.9

44.5

46.5

46.1

50.1

48.1

41.5

44.8

55.1

51.7

61.0

67.9

79.4

105.7

124.4

56

152.8

177.4

154.9

204.6

257.4

270.6

259.2

291.5

331.4

322.0

331.3

342.6

363.1

419.0

497.1

57

192.0

229.3

261.0

274.3

320.0

350.0

384.7

404.8

436.5

500.3

511.8

500.9

468.1

455.5

475.0

Table 1.16.—Gross Domestic Product of Corporate Business In Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Chained Dollars: Annual, 1929-34, and Quarterly, 1946-94
[Quarters seasonally adjusted at annual rates]
Line

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1945

Billions of dollars
1

54.4

475

375

275

265

33.1

36.7

422

475

42.4

485

534

68.9

86.4

1024

106.1

Consumption of fixed capital

2

5.3

5.2

4.8

4.3

4.1

4.1

4.2

4.2

4.6

4.8

4.7

4.9

5.5

6.3

6.1

6.2

6.3

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less suosraies.
Domestic income
Compensation of employees
wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends ...
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

3
4

49.1
3.5

42.6
3.5

32.6
3.4

232
3.5

22.5
4.0

29.0
4.6

32.5
4.6

38.0
4.8

43.2
5.1

37.5
5.0

41.9
5.2

48.4
5.6

63.4
6.6

80.1
7.0

96.2
7.5

99.8
8.3

93.2
92

S
6
7
8
9

45.6
34.3
33.8
.4
10.1

39.1
30.8
30.4
.4
6.9

29.3
25.4
25.0
.4
2.5

19.7
19.0
18.7
.3
-.6

18.5
18.0
17.7
.3
-.5

24.4
21.1
20.7
.3
2.0

27.9
23.1
22.7
.4
3.5

33.1
26.3
25.6
.6
5.7

38.0
30.6
29.3
1.3
6.4

32.5
27.3
25.8
1.4
4.2

36.7
29.8
28.3
1.5
5.8

42.8
32.9
31.2
1.6
9.1

56.8
41.6
39.6
2.0
14.5

73.1
52.9
50.5
2.3
19.6

88.7
642
61.3
2.8
24.1

91.5
67.1
63.9
3.2
24.1

84.0
64.1
60.9
32
19.7

10
11
12
13
14
15
16
17

10.4
1.4
9.0
5.6
3.4
.5
-.8
1.3

4.2
.8
3.3
5.3
-2.0
3.3
-.6
1.4

.4
.5
-.1
4.1
-4.2
2.4
-.3
1.4

-1.4
.4
-1.8
2.6
-4.4
1.0
-.2
1.3

1.7
.5
1.2
2.0
-.8
-2.1
-.1
1.0

3.0
.7
2.3
2.5
-2
-.6
-.3
1.3

4.1
1.0
3.1
2.7
.4
-.2
-.4
1.3

6.8
1.4
5.4
4.4
1.0
-.7
-.4
1.1

7.2
1.5
5.7
4.5
1.1
0
-.8
1.1

4.1
1.0
3.1
2.9
.2
1.0
-1.0
1.1

7.3
1.4
5.9
3.6
2.3
-.7
-.8
1.0

10.2
2.8
7.3
3.8
3.6
-.2
-.9
4

18.0
7.6
10.3
4.2
6.1
-2.5
-1.0
.7

21.7
11.4
10.3
4.0
6.2
-1.2
-.9
.7

25.2
14.1
11.1
4.2
6.9
-.8
-.4
.5

24.0
12.9
11.1
4.3
6.7
-.3
.3
.3

19.7
10.7
9.0
4.4
4.6
-.6
.6
.2

18

3.6

2.6

2.1

15

1.6

1.9

2.0

25

24

2.4

2.4

25

2.7

24

3.1

3.3

35

50.8

66.2

834

994

102.7

96.0

Gross domestic product of corporate business

Gross domestic product of financial corporate
business.
Gross domestic product of nonfinancial
corporate business.

19

50.8

452

354

25.7

25.0

31.2

34.6

39.8

45.4

39.9

44.2

995

Consumption of fixed capital

20

5.2

5.0

4.7

4.2

4.0

4.0

4.1

4.1

4.5

4.7

4.6

4.8

5.3

6.1

6.0

6.1

6.2

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation ot employees
Wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends....
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

21
22

45.6
3.4

40.2
3.4

30.7
32

21.5
3.4

21.0
3.8

27.2
4.4

30.6
4.5

35.8
4.7

40.9
5.0

35.3
4.9

39.6
5.1

46.1
5.5

60.9
6.4

77.4
6.8

93.3
7.3

96.7
8.1

89.8
8.9

23
24
25
26
27

42.2
32.3
31.9
.4
8.5

36.8
29.0
28.6
.4
6.2

27.5
23.7
23.3
.3
2.0

18.1
17.6
17.3
.3
-1.2

17.2
16.7
16.4
.3
-1.3

22.7
19.7
19.4
.3
1.3

26.1
21.7
21.3
.3
2.8

31.0
24.8
242
.6
4.7

35.9
29.0
27.7
1.2
5.4

30.4
25.7
24.3
1.3
3.2

34.5
28.2
26.8
1.4
4.8

40.6
31.2
29.6
1.6
8.0

54.5
39.8
37.9
1.9
13.3

70.6
51.0
48.8
2.2
18.4

86.0
62.2
59.5
2.7
22.7

88.6
65.1
62.0
3.1
22.5

80.9
61.9
58.8
3.1
18.0

28
29
30
31
32
33
34
35

8.8
1.2
7.6
5.1
2.5
.5
-.7
1.4

3.5
.7
2.7
5.0
-2.3
3.3
-.5
1.6

-.1
.5
-.6
3.8
-4.4
2.4
-.3
1.8

-2.0
.3
-2.4
2.4
-4.8
1.0
-.2
1.7

1.0
.5
.5
2.0
-1.5
-2.1
-.1
1.7

2.3
.7
1.6
2.3
-.7
-.6
-.3
1.7

3.3
.9
2.4
2.4
.1
-.2
-.4
1.6

5.8
1.3
4.4
4.1
.3
-.7
-.4
1.6

6.2
1.4
4.7
4.2
.5
0
-.8
1.6

3.1
.9
2.2
2.6
-.5
1.0
-.9
1.5

6.3
1.4
4.9
3.3
1.6
-.7
-.7
1.5

9.0
2.7
6.3
3.5
2.8
-.2
-.8
1.4

16.7
7.5
9.3
3.9
5.4
-2.5
-.9
1.3

20.3
112
9.2
3.7
5.4
-1.2
-.8
1.3

23.7
13.8
10.0
3.9
6.0
-.8
-.3
1.1

22.3
12.6
9.7
4.1
5.7
-.3
.4
1.0

17.9
10.2
7.7
4.1
3.6
-.6
.6
1.0

Billions of chained (1992) dollars

Gross domestic product of nonfinancial
corporate business'.
Consumption ot fixed capital2
Net domestic product1

36

279.3

259.7

235.2

199.6

1945

2204

2385

2734

296.6

275.1

308.1

347.2

415.2

479.1

5374

5504

5124

37
38

44.4
235.0

45.1
214.7

44.6
190.6

43.5
156.1

41.1
153.7

40.4
179,9

39.6
199.2

39.7
233.7

40.7
255.9

41.6
233.5

41.1
267.0

41.8
305.4

43.8
371.4

44.4
434.7

42.7
494.7

42.2
508.1

432
468.8

NOTE TO USERS: See the cautionary note on page 6 concerning comparisons of chained (1992) dollar estimates.
See footnotes at the end of the table.




Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Chained Dollars: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Quarters seasonally adjusted at annual rates]
Line

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

Billions of dollars
1

104.2

125.9

1445

141.5

1603

183.7

1925

2062

203.9

229.5

245.4

256.6

2514

282.2

294.0

302.4

2

7.6

9.1

10.7

11.7

12.5

14.4

15.3

162

17.0

18.0

20.3

22.4

23.3

24.2

25.2

25.7

26.7

3
4

96.6
10.4

116.8
12.3

133.8
13.6

129.9
14.2

147.8
15.7

169.4
16.9

1772
18.5

190.0
19.8

186.8
19.2

211.4
21.2

225.1
23.0

234.2
24.4

228.6
24.8

258.0
27.3

268.9
29.7

276.6
31.1

302.1
33.6

5
6
7
3
9

86.2
69.9
66.5
3.4
16.5

104.5
82.2
78.0
4.2
22.3

120.2
91.2
86.9
4.3
29.3

115.7
88.9
84.4
4.5
27.1

132.1
98.7
93.0
5.7
33.8

152.4
114.7
107.5
7.1
38.3

158.7
123.1
115.5
7.6
36.1

1702
134.1
125.8
8.3
36.4

167.6
132.4
123.6
8.8
35.4

190.2
144.8
134.8
10.0
45.5

202.0
158.3
147.0
11.3
43.9

209.8
166.7
154.0
12.6
43.2

203.7
164.1
151.4
12.7
39.1

230.6
180.5
165.6
14.9
50.2

2392
190.9
174.5
16.5
48.3

245.6
195.8
178.7
17.1
49.2

268.5
211.2
191.8
19.4
56.7

10
11
12
13
14
15
16
17

242
9.1
15.1
5.2
9.9
-5.3
-2.5
-.2

30.9
11.3
19.7
5.6
14.0
-5.9
-2.8
.1

34.6
12.4
22.2
6.2
16.0
-2.2
-3.1
-3

28.5
10.2
18.3
6.4
11.9
1.9
-32
-.3

41.9
17.9
24.0
7.9
16.1
-5.0
-3.2
-.4

43.0
22.6
20.4
7.5
13.0
-1.2
-3.5
-.5

38.3
19.4
18.9
7.5
11.4
1.0
-3.2
-.5

39.8
20.3
19.5
7.7
11.8
-1.0
-2.4
-.3

37.2
17.6
19.6
7.9
11.7
-.3
-1.5
-.1

47.4
22.0
25.3
9.0
16.3
-1.7
-.1
-.1

47.5
22.0
25.5
9.6
15.9
-2.7
-.9
-.2

45.8
21.4
24.4
10.0
14.4
-1.5
-1.0
-.1

40.2
19.0
21.2
9.9
11.4
-.3
-.8
.5

50.7
23.6
27.0
10.8
16.2
-.3
-.2
-.1

48.0
22.7
25.3
11.4
13.9
-.2
.5
-.1

47.7
22.8
24.9
11.6
13.3
.3
1.2
.6

52.6
24.0
28.6
12.4
16.3
0
4.1
.6

Gross domestic product of financial corporate
business.

18

4.3

4.5

55

6.2

65

72

83

95

10.1

105

11.5

122

135

145

154

164

17.1

Gross domestic product of nonfinancial
corporate business.

19

99.9

1213

1385

1353

153.7

1765

184.2

1965

193.7

218.7

233.9

244.3

2383

2675

278.1

2855

311.7

Gross domestic product of corporate business

Indirect business tax and nontax liability plus
business transfer payments less subsidies.

Corporate profils with inventory valuation and
capital consumption adjustments.

328.8

20
Indirect business tax and nontax liability plus
business transfer payments less subsidies.

Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

7.5

8.9

10.5

11.4

12.2

14.0

14.9

15.8

16.6

17.6

19.8

21.8

22.7

23.6

24.5

25.1

26.0

21
22

92.4
10.1

1125
11.9

128.5
13.1

123.9
13.7

141.5
152

162.4
16.4

169.3
17.9

181.0
19.1

177.1
18.5

201.1
20.5

214.1
22.2

222.5
235

215.6
23.9

243.8
26.0

253.6
28.3

260.5
29.5

285.7
32.0

23
24
25
26
27

82.3
672
63.9
3.3
14.5

100.6
79.1
75.1
4.0
20.6

115.3
87.7
83.6
4.1
26.7

110.2
85.2
80.9
4.3
24.0

126.3
94.7
892
5.5
30.7

146.1
1102
103.3
6.8
34.8

151.4
118.2
110.8
7.3
32.0

161.8
128.6
120.7
8.0
31.9

158.6
126.4
118.1
8.3
30.7

180.6
138.4
128.9
9.5
40.6

191.9
151.3
140.5
10.8
38.8

199.0
159.0
146.9
12.0
37.8

191.7
155.8
143.8
12.0
33.2

217.8
171.5
157.4
14.0
43.2

225.3
181.2
165.6
15.5
40.7

230.9
185.3
169.2
16.1
41.6

253.7
200.1
181.8
18.3
49.1

28
29
30
31
32
33
34
35

22.1
8.6
13.5
4.8
8.7
-5.3
-2.4
.7

292
10.8
18.4
5.5
12.9
-5.9
-2.7
.8

31.9
11.8
20.1
6.0
14.2
-22
-3.0
.9

252
9.3
15.9
6.0
9.9
1.9
-3.1
1.0

38.7
16.9
21.8
7.5
14.4
-5.0
-3.1
.9

39.4
21.2
18.2
7.1
11.1
-12
-3.4
1.1

34.0
17.8
162
7.1
9.1
1.0
-3.0
12

35.1
18.5
16.7
7.3
9.4
-1.0
-2.3
1.3

32.4
15.6
16.7
7.4
9.3
-.3
-1.4
1.6

42.3
20.2
22.1
8.5
13.7
-1.7
0
1.6

42.2
20.1
22.2
9.0
13.1
-2.7
-.7
1.8

402
19.1
21.1
9.3
11.9
-1.5
-.9
2.2

34.2
16.2
18.0
9.3
8.7
-.3
-.7
2.7

43.6
20.7
22.9
10.0
12.9
-.3
-.1
3.1

40.3
19.2
21.1
10.6
10.6
-.2
.5
3.5

40.1
19.5
20.7
10.6
10.1
.3
1.2
4.0

45.0
20.6
24.3
11.4
13.0
0
4.1
4.5

Billions of chained (1992) dollars

See footnotes at the end ot the table.




36

490.6

5223

5623

5575

6303

667.7

690.2

7404

7272

8145

840.7

851.1

816.6

910.3

940.4

9605

14415

37
38

Gross domestic product of nonfinancial
corporate business'

46.5
4442

48.7
473.6

52.4
509.9

55.7
501.8

58.5
5715

61.2
6065

63.3
626.9

66.0
674.0

68.9
658.3

72.2
742.3

75.4
765.3

78.6
772.5

80.5
736.1

82.1
828.3

84.6
855.8

86.9
873.5

894
951.8

Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Chained Dollars: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Quarters seasonally adjusted at annual ratesj
Line

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

1328.7

Billions of dollars
1

349.3

377.0

414.1

4543

479.9

529.8

574.4

595.7

6453

715.6

7995

863.3

935.1

1,0543

1,197.3

1,372.8

Consumption of fixed capital

2

27.7

29.2

31.2

34.2

37.4

41.2

45.6

50.3

55.0

59.8

65.2

76.5

91.4

101.4

114.0

130.6

151.6

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary aocruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends „ ,
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

3
4

321.6
35.8

347.9
38.6

382.8
41.3

420.1
42.7

442.5
45.6

488.6
52.4

528.8
57.9

545.5
62.0

590.4
68.3

655.8
73.4

734.6
81.1

786.8
86.4

843.6
92.7

953.4
101.0

1,083.3
110.8

1,242.2
125.0

1,377.1
134.8

5
6
7
8
9

285.9
222.9
201.9
21.0
62.2

309.3
239.5
216.8
22.7
68.8

341.5
260.1
235.2
25.0
79.4

377.4
288.7
259.2
29.5
85.3

396.9
308.6
277.1
31.6
82.6

436.1
341.6
305.4
36.2
88.6

470.9
379.1
338.0
41.1
84.3

483.5
401.0
356.0
45.0
71.6

522.1
426.3
376.2
50.1
84.2

582.4
474.0
414.8
59.3
97.1

653.4
535.6
464.6
71.1
1052

700.4
589.5
508.9
80.6
91.7

750.9
617.0
528.4
88.5
113.5

852.3
698.1
591.2
106.9
138.4

972.4
787.8
662.7
125.1
165.2

1,117.2
904.2
756.3
147.9
186.2

1,242.3
1,025.7
857.1
168.6
178.5

10
11
12
13
14
15
16
17

57.1
26.2
30.9
13.4
17.4
.1
5.1
.7

63.5
28.0
35.6
14.8
20.8
-.5
5.8
1.0

74.1
30.9
43.2
16.9
26.4
-1.2
6.6
2.0

80.6
33.7
46.9
18.1
28.8
-2.1
6.9
3.4

77.0
32.7
44.4
18.9
25.5
-1.6
7.1
5.7

84.9
39.4
45.6
21.3
24.3
-3.7
7.3
6.0

82.5
39.7
42.8
21.4
21.4
-5.9
7.8
7.4

71.3
34.4
36.9
193
17.2
-6.6
6.9
10.8

82.2
37.7
44.5
19.0
25.5
-4.6
6.5
11.6

95.0
41.9
53.1
20.9
32.2
-6.6
8.8
11.3

116.0
49.3
66.7
213
45.4
-20.0
9.2
12.6

125.4
51.8
73.6
20.7
52.9
-39.5
5.8
19.2

125.8
50.9
74.9
23.5
51.3
-11.0
-1.3
20.4

157.2
642
93.0
26.9
66.1
-14.9
-4.0
15.9

184.4
73.0
111.3
29.7
81.6
-16.6
-2.5
19.4

215.3
83.5
131.8
34.9
96.9
-25.0
-4.1
26.8

227.2
88.0
139.2
36.4
102.7
-41.6
-7.1
38.1

Gross domestic product of financial corporate
business.

18

17.6

18.9

205

233

265

293

31.1

34.4

39.0

423

45.3

48.7

533

595

71.9

88.8

99.0

Gross domestic product of nonfinancial
corporate business.

19

3313

358.1

3935

431.0

453.4

5005

5433

561.4

606.4

6733

7545

814.6

881.2

9953

1,125.4

1,284.1

1,429.7

Gross domestic product ol corporate business

Consumption of fixed capital

20

27.0

28.4

30.3

33.2

36.3

39.9

44.1

48.5

53.0

57.6

62.6

73.3

87.5

96.9

108.8

124.4

143.9

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest.

21
22

304.8
34.0

329.8
36.6

363.2
39.2

397.8
40.5

417.2
43.1

460.5
49.7

499.2
54.7

512.8
58.8

553.4
64.5

615.8
69.2

691.8
76.3

741.3
81.4

793.7
87.4

898.4
95.1

1,016.7
104.1

1,159.7
116.4

1,285.8
125.4

23
24
25
26
27

270.8
211.1
191.3
19.7
54.9

293.2
226.7
205.4
21.3
61.2

324.0
246.5
223.0
23.4
71.4

357.4
274.0
246.2
27.8
76.1

374.1
292.3
262.7
29.6
73.0

410.8
3232
289.3
33.9
77.5

444.5
358.8
320.2
38.7
72.5

454.0
378.7
336.4
42.2
58.3

488.9
402.0
355.1
46.9
68.8

546.6
447.1
391.7
55.4
80.4

615.5
505.9
439.4
66.5
87.1

659.9
556.8
481.1
75.7
74.8

706.3
580.3
498.0
82.4
97.3

803.3
657.4
557.8
99.6
118.4

912.6
742.6
625.7
116.8
139.4

1,043.2
852.9
714.2
138.7
154.0

1,160.4
968.1
809.7
158.5
147.2

28
29
30
31
32
33
34
35

49.8
22.8
27.0
12.6
14.4
.1
5.0
4.8

56.0
24.0
32.1
13.7
18.4
-.5
5.7
5.3

66.2
27.2
39.0
15.6
23.4
-1.2
6.5
6.1

71.4
29.5
41.9
16.8
25.1
-2.1
6.8
7.4

67.5
27.8
39.7
17.5
22.2
-1.6
7.0
8.8

74.0
33.6
40.4
19.1
21.3
-3.7
7.1
10.1

70.8
33.3
37.5
19.1
18.4
-5.9
7.5
132

58.1
27.2
31.0
18.5
12.5
-6.6
6.7
17.1

67.1
29.9
37.1
18.5
18.7
-4.6
6.3
18.1

78.6
33.8
44.8
20.1
24.7
-6.6
8.4
19.2

98.6
40.2
58.4
21.1
37.3
-20.0
8.6
22.5

109.2
42.2
67.0
21.7
45.2
-69.5
5.1
28.3

109.9
41.5
68.4
24.8
43.6
-11.0
-1.6
28.7

137.3
53.0
84.4
28.0
56.3
-14.9
-4.0
27.5

158.6
59.9
98.7
31.5
67.2
-16.6
-2.6
30.6

183.5
67.1
116.4
36.4
80.0
-25.0
-4.5
36.3

195.5
69.6
125.9
38.1
87.9
-41.6
-6.8
45.1

Billions of chained (1992) dollars

Gross domestic product of nonfinancial
corporate business
Consumption of fixed capital2
Net domestic product3
See footnotes at the end of the table.




36

1,101.1

1,1785

1,275.2

1,364.4

1,399.1

1,487.7

1545.9

1,5325

1,594.1

1,719.4

1,819.7

1,7863

1,759.3

1,901.3

2341.8

2,177.1

2,224.2

37
38

93.2
1,007.9

97.3
1,081.2

103.1
1,172.1

110.7
1,253.7

1175
1,281.6

124.4
1,363.3

132.1
1,414.8

138.6
1,393.9

144.3
1,449.7

152.9
1,566.5

160.4
1,659.4

169.6
1,617.3

176.6
1,582.7

182.8
1,718.5

191.6
1,850.2

202.7
1,974.4

215.3
2,008.8

Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Chained Dollars: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Quarters seasonally adjusted at annual rates]
Line

1980

1981

1982

1983

1984

1985

1987

1986

1988

1989

1990

1991

1992

1993

1994

4,1075

Billions of dollars
1

1,661.6

1,880.6

1,943.6

2,0975

2,3455

25055

2,635.4

2,8343

3,0585

3,226.4

3,3823

3,462.9

3516.2

3,820.8

Consumption ol fixed capital

2

175.0

205.1

223.5

238.4

246.9

260.0

278.3

292.9

313.5

335.8

350.3

3645

376.4

388.4

412.3

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Coiporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

3
4

1,486.6
152.4

1,675.5
182.3

1,720.1
185.4

1,859.1
203.8

2,098.6
226.7

2,245.5
244,2

2,357,1
259.2

2,541.4
272.4

2,745.1
290.4

2,890.6
309.9

3,032.0
327.2

3,098.4
353.0

3,239.8
373.9

3,432.4
397.4

3,6952
4292

5
6
7
8
9

1,334.2
1,124.6
938.3
186.3
152.8

1,493.1
1,245.8
1,037.6
208.2
177.4

1,534,7
1,301.1
1,079.3
221.8
154.9

1,655.3
1,374.8
1,139.7
235.1
204.6

1,871.9
1,524.3
1,266.7
257.5
257.4

2,001.3
1,635.4
1,364.3
271.1
270.6

2,097.9
1,733.2
1,445.3
287.9
259.2

2,269.0
1,859.1
1,551.5
307.6
291.5

2,454.7
1,999.2
1,671.0
328.3
331.4

2,580.7
2,106.1
1,760.1
346.0
322.0

2,704.8
2,222.0
1,851.9
370.1
331.3

2,745.4
2264.6
1,875.8
388.9
342.6

2,865.9
2,387.7
1,969.0
418.7
363.1

3,035.0
2,500.7
2,049.3
451.4
419.0

3,266.0
2,642.0
2,164.8
477.2
497.1

10
11
12
13
14
15
16
17

205.9
84.8
121.1
42.6
78.5
-43.0
-10.1
56.7

200.1
81.1
118.9
54.0
64.9
-25.7
3.0
70.0

149.3
63.1
86.3
53.4
32.8
-9.9
15.5
78.7

182.2
77.2
104.9
68.4
36.6
-9.1
31.5
75.9

211.5
94.0
117.4
70.7
46.7
-6.6
51.5
90.3

196.5
96.5
100.0
80.8
19.2
.5
73.5
95.3

187.9
106.5
81.4
92.3
-10.9
11.4
59.8
105.5

252.0
127.1
124.9
90.5
34.4
-20.7
602
118.3

303.6
137.0
166.6
85.6
81.0
-29.3
57.1
124.1

290.1
141.3
148.8
110.7
38.1
-17.5
49.3
152.7

305.9
140.5
165.5
130.9
34.6
-13.5
38.9
151.4

305.5
133.4
172.1
141.5
30.6
4.0
33.1
138.2

341.5
143.0
198.5
146.0
52.4
-7.5
29.1
115.1

391.6
165.2
226.4
174.9
51.4
-8.5
36.0
115.3

461.8
186.6
275.1
184.4
90.7
-16.1
51.4
126.9

Gross domestic product of financial coiporate
business.

18

107.8

113.2

120.2

147.2

158.0

186.2

219.1

2445

253.4

2755

2983

330.8

3535

390.4

3975

Gross domestic product of nonlinanclal
coiporate business.

19

1,553.8

1,767.3

1,823.4

1,950.3

2,1875

23195

2,4163

2,589.6

23052

2550.9

3584.0

3,132.1

3,262.6

3,430.4

3,709.7

Grots domestic product of coiporate business

Consumption of fixed capital

20

165.4

193.2

209.7

222.7

228.7

238.9

253.2

263.6

279.7

297.4

308.4

320.2

330.5

340.3

360.7

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wqje and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

21
22

1,388.4
141.6

1,574.1
170.4

1,613.7
172.1

1,727.6
189.0

1,958.8
210.2

2,080.4
224.4

2,163.1
235.8

2,326.1
246.7

2,5255
263.5

2,653.5
280.8

2,775.6
296.8

2,811.9
318.0

2,932.2
337.0

3,090.1
358.5

3,349.0
389.0

23
24
25
26
27

1,246.8
1,058.5
883.8
174.7
130.1

1,403.7
1,171.5
975.9
195.5
160.3

1,441.6
1,217.0
1,009.8
207.2
142.1

1538.6
1,280.5
1,060.9
219.6
181.5

1,748.6
1,421.7
1,180.5
241.2
239.0

1,856.0
1,521.9
1,268.0
254.0
243.5

1,927.3
1,603.2
1,334.3
268.9
226.0

2,079.3
1,7155
1,428.6
286.9
258.6

2,262.0
1,846.7
1540.7
306.0
294.3

2,372.7
1,950.0
1,627.6
322.5
276.7

2,478.8
2,056.0
1,711.8
344.2
275.3

2,493.9
2,090.6
1,729.9
360.7
269.7

2,595.1
2,195.3
1,808.9
386.5
295.6

2,731.6
2,290.7
1,874.0
416.7
346.4

2,960.1
2,426.7
1,985.4
441.2
437.1

28
29
30
31
32
33
34
35

181.6
67.0
114.6
45.3
69.2
-43.0
-8.4
58.2

181.4
63.9
117.5
53.3
64.2
-25.7
4.6
71.9

133.7
46.3
87.4
53.3
34.2
-9.9
18.3
82.5

157.4
59.4
97.9
64.2
33.8
-9.1
33.2
76.6

191.0
73.7
117.3
67.8
49.5
-6.6
53.7
87.8

167.6
69.9
97.6
72.3
25.4
.5
75.4
905

151.5
75.6
75.9
73.9
2.1
11.4
63.1
98.1

214.9
93.5
121.4
75.9
45.5
-20.7
64.4
105.3

260.6
101.7
158.8
79.4
79.4
-29.3
63.1
121.0

237.0
98.8
138.3
103.5
34.8
-175
57.2
145.9

237.3
95.7
141.6
118.4
23.3
-135
51.5
147.5

218.1
85.4
132.8
124.6
8.2
4.0
47.6
133.7

257.8
91.1
166.7
133.6
33.1
-7.5
45.3
104.2

308.6
105.0
203.6
147.7
55.9
-8.5
46.3
94.5

392.3
128.8
2635
158.6
104.9
-16.1
60.8
96.3

Billions of chained (1992) dollars

Grass domestic product of nonfinancial
corporate bu tineas'.
Consumption of fixed capital
Net domestic product3

2

See footnotes at the end of the table.




36

2,229.9

2,331.9

2,2985

2,405.1

2,641.2

2,7473

2535.4

2,973.9

3,130.1

3,1795

3,210.2

3,1685

3262.6

3374.4

35863

37
38

225.7
2,004.1

235.9
2,096.0

245.2
2,053.6

252.9
2,152.2

263.2
2,378.1

276.4
2,4705

287.5
2547.9

295.9
2,678.0

303.1
2327.0

312.9
2566.9

316.4
2593.8

322.4
2546.4

330.5
2,932.2

335.1
3,039.3

349.8
3,236.5

Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Chained Dollars: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Quarters seasonally adjusted at annual rates]
1948

1947

1946
Line
1

II

III

IV

1

II

III

IV

1

II

1949
III

IV

I

II

1950
III

IV

I

II

Billions of dollars
1

934

101.7

108.1

114.0

119.1

1243

127.1

133.0

139.9

1433

146.1

148.5

145.2

141.1

1423

1373

1453

2

6.8

7.3

7.9

8.4

8.5

8.9

9.3

9.7

10.0

10.4

11.0

11.4

11.5

11.6

11.7

11.8

12.0

12.2

3
4

86.1
9.9

94.3
10.2

100.3
10.6

105.7
10.9

110.5
11.9

115.4
12.0

117.9
12.2

123.3
12.9

130.0
13.0

132.9
13.5

135.2
13.8

137.1
13.9

133.7
13.9

129.6
14.1

130.2
14.4

126.1
14.4

133.1
14.7

142.5
15.4

5
6
7
8
9

76.2
63.2
60.0
32
13.2

84.1
68.2
64.8
3.3
16.2

89.6
72.7
69.2
3.5
17.2

94.8
75.5
71.9
3.7
19.5

98.6
792
752
4.0
19.4

103.4
80.6
76.5
4.1
22.8

105.7
82.8
78.6
4.2
22.8

110.4
86.1
81.7
4.4
24.3

117.0
89.1
84.8
4.2
28.2

119.3
89.9
85.6
4.2
29.7

121.4
92.7
88.4
4.3
29.0

123.1
93.1
88.7
4.3
30.3

119.8
91.2
86.8
4.3
29.0

115.4
89.1
84.6
4.5
26.7

115.9
882
83.6
4.5
28.0

111.7
87.1
82.5
4.6
24.8

118.4
90.7
855
52
28.2

127.1
95.7
90.2
5.5
31.8

10
11
12
13
14
15
16
17

16.3
6.1
10.2
4.8
5.4
-1.2
-1.9
-.2

21.2
8.0
13.2
5.1
8.1
-2.8
-2.3
-.2

27.9
10.5
17.4
5.3
12.1
-8.1
-2.7
-.2

31.4
11.8
19.6
5.6
14.1
-8.9
-3.0
-.2

31.9
11.6
20.3
5.4
14.9
-9.7
-2.8
0

30.0
10.9
19.1
5.6
13.4
-4.7
-2.6
0

29.6
10.8
18.8
5.9
13.0
-4.0
-2.8
.1

32.3
11.8
20.5
5.7
14.8
-5.2
-2.8
.1

33.8
12.1
21.7
6.2
15.5
-2.9
-2.8
-.3

35.6
12.8
22.8
5.8
17.0
-2.9
-3.0
-.3

35.1
12.6
22.5
6.3
16.2
-2.8
-3.3
-.3

33.9
12.2
21.7
6.5
15.2
-.1
-3.5
-.3

30.8
11.0
19.8
6.3
13.4
1.4
-32
-.3

27.1
9.7
17.4
6.3
11.0
2.8
-3.2
-.3

28.2
10.1
18.1
6.2
11.8
3.0
-3.2
-.3

27.7
9.9
17.8
6.7
112
2
-3.1
-.3

31.8
13.6
18.2
7.4
10.8
-.7
-2.9
-.5

38.3
16.3
21.9
7.5
14.4
-3.3
-3.1
-.4

Gross domestic product of financial corporate
business.

18

4.2

4.3

44

4.4

4.3

4.4

44

4.9

4.9

53

5.7

6.1

6.1

62

63

6.4

6.2

65

Gross domestic product of nonfinancial
corporate business.

19

884

974

1034

109.7

1144

1194

122.7

128.1

135.0

138.0

140.4

1424

139.1

135.0

135.7

1314

138.8

148.2

Grass domestic product ot corporate business

Indirect business tax and nontax liability plus
business transfer payments less subsidies.

Corporate profits with inventory valuation and
capital consumptton adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

154.7

20
Indirect business tax and nontax liability plus
business transfer payments less subsidies.

Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

6.7

7.2

7.7

8.2

8.3

8.7

9.1

9.5

9.7

10.2

10.7

11.2

11.2

11.3

11.5

11.6

11.7

12.0

?1
22

82.0
9.6

90.2
9.9

96.1
10.3

101.5
10.6

106.4
11.6

111.1
11.6

113.6
11.8

118.6
12.5

125.3
12.6

127.8
13.1

129.6
13.4

131.3
13.5

127.9
13.5

123.6
13.7

1242
13.9

119.9
13.9

127.1
14.2

136.3
14.9

?3
24
25
26
27

72.4
60.6
57.6
3.1
11.1

80.2
65.5
62.3
32
14.1

85.8
69.9
66.6
3.3
15.2

90.9
72.7
69.2
3.5
17.5

94.9
762
72.4
3.9
17.8

99.5
77.5
73.6
3.9
21.2

101.8
79.8
75.7
4.1
21.2

106.1
82.9
78.7
4.2
22.4

112.7
85.8
81.7
4.1
26.0

114.7
86.5
82.4
4.1
27.3

116.3
89.2
85.1
4.1
26.2

117.8
89.5
85.4
4.1
27.4

114.4
87.5
83.4
4.1
25.9

110.0
85.4
81.1
4.3
23.6

110.3
84.5
80.1
4.3
24.8

106.0
83.3
78.9
4.4
21.7

112.9
86.8
81.8
5.0
25.1

121.4
91.7
86.4
5.3
28.8

28
29
30
31
32
33
34
35

14 2
5.6
8.5
4.4
4.1
-1.2
-1.8
.6

19.1
7.5
11.5
4.8
6.8
-2.8
-22
.7

25.9
10.0
15.9
5.0
10.9
-8.1
-2.6
.7

29.4
11.4
18.1
5.3
12.8
-8.9
-3.0
.7

30.2
11.1
19.0
52
13.9
-9.7
-2.8
.8

28.4
10.5
17.8
5.4
12.4
-4.7
-2.5
.8

27.9
10.4
17.5
5.7
11.8
-4.0
-2.7
.9

30.3
11.3
19.0
5.5
13.5
-5.2
-2.7
.8

31.5
11.6
19.9
6.0
13.9
-2.9
-2.7
1.0

33.1
12.2
20.9
5.6
15.3
-2.9
-2.9
.9

32.2
11.9
20.3
6.0
14.4
-2.8
-3.2
.9

30.8
11.4
19.4
6.2
13.2
-.1
-3.4
.8

27.6
10.2
17.4
6.0
11.4
1.4
-3.1
1.0

23.8
8.8
15.0
5.9
9.0
2.8
-3.1
1.0

24.9
9.2
15.7
5.8
9.8
3.0
-3.1
1.0

24.5
9.1
15.4
62
92
.2
-3.0
1.0

28.6
12.6
16.0
7.0
9.1
-.7
-2.8
1.0

35.1
15.3
19.8
7.1
12.7
-3.3
-3.0
.9

Billions of chained (1992) dollars

See footnotes at die end of the table.




36

4994

523.2

529.9

537.0

5584

563.2

5594

567.7

563.1

555.0

5643

5473

582.7

619.1

37
38

Gross domestic product of nonflnanclal
corporate business

47.4
451.9

48.2
474.9

49.1
480.7

50.1
486.9

51.0
507.5

52.0
511.2

52.9
507.0

53.7
514.0

54.5
508.6

55.3
499.7

56.0
508.0

56.8
491.0

57.5
525.3

582
561.0

Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Chained Dollars: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Quarters seasonally adjusted at annual rates]
1950

1951

1952

1953

1954

Une
III

IV

I

II

III

IV

1

II

III

IV

1

II

III

IV

1

II

III

IV

Billions of dollars
1

166.7

1744

179.9

1825

184.4

1875

189.0

187.9

1905

202.4

206.9

209.2

208.7

200.2

2005

201.2

203.2

Consumption of fixed capital

2

12.6

13.2

13.9

14.2

14.5

14.8

15.1

15.2

15.2

15.5

15.8

16.1

16.5

16.5

16.6

17.0

17.1

17.3

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits alter tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

3
4

154.1
16.7

161.6
16.1

166.0
17.2

168.4
16.5

169.9
16.7

173.1
17.3

174.0
17.8

172.7
18.4

175.2
18.7

186.9
19.2

191.1
19.6

193.1
20.0

192.2
19.9

183.7
19.7

183.9
19.2

184.2
19.1

186.0
19.0

193.3
19.5

5
6
7
3
9

137.4
101.7
95.8
5.9
36.0

145.5
106.8
100.5
6.3
39.1

148.8
111.4
104.6
6.8
37.8

151.9
114.7
107.6
7.1
37.7

153.2
1155
108.3
7.2
38.3

155.9
117.1
109.7
7.4
39.3

156.1
120.0
112.5
7.5
36.7

154.3
120.3
112.7
7.5
34.6

156.5
122.6
115.0
7.7
34.4

167.7
129.6
121.7
7.9
38.6

171.5
132.5
124.4
8.1
39.3

173.1
135.0
126.7
8.3
38.4

172.3
135.2
126.8
8.4
37.4

163.9
133.7
125.3
8.5
30.6

164.6
131.9
123.2
8.7
32.8

165.0
131.2
122.6
8.6
33.9

167.0
131.4
122.6
8.8
35.8

173.8
134.9
125.9
9.0
39.1

10
11
12
13
14
15
16
17

46.5
19.9
26.5
8.0
18.5
-7.3
-3.1
-.4

51.2
21.8
29.3
8.5
20.9
-8.5
-3.6
-.4

50.3
26.3
24.1
7.4
16.7
-8.7
-3.8
-.4

42.3
22.3
20.0
7.5
12.5
-1.0
-3.6
-.5

38.2
20.1
18.1
7.5
10.6
3.5
-3.4
-.5

41.1
21.5
19.6
7.4
12.1
15
-35
-.5

38.8
19.8
19.0
7.1
11.9
1.3
-3.4
-.6

36.7
18.7
18.1
7.7
10.4
1.2
-3.3
-.5

36.8
18.6
18.2
7.5
10.7
.7
-3.1
-.5

40.8
20.5
20.3
7.7
12.5
.8
-2.9
-.5

42.6
21.6
21.0
7.3
13.7
-.4
-2.8
-.4

42.6
21.7
20.9
7.9
12.9
-1.6
-2.6
-.3

41.7
21.2
20.5
7.9
12.6
-2.0
-2.4
-.3

32.3
16.6
15.7
7.8
7.9
0
-1.8
-.3

34.6
16.4
18.2
8.1
10.1
0
-1.8
0

35.7
16.9
18.8
7.5
11.2
0
-1.7
-.1

38.0
17.9
20.1
8.0
12.1
-.7
-1.5
-.2

40.8
19.3
21.5
7.9
13.6
-.5
-1.1
-.2

18

6.7

6.9

65

7.1

75

7.7

7.7

8.1

84

8.8

9.1

94

9.7

9.6

10.1

10.1

10.1

10.2

1755

177.1

180.2

1814

1793

182.0

1934

197.8

1994

199.0

1905

190.4

191.1

193.1

2004

Gross domestic product of corporate business

Gross domestic product of financial corporate
business.
Gross domestic product ol nonfinancial
corporate business.

19

1604

1674

1734

210.6

Consumption of fixed capital

20

12.4

12.9

13.6

13.9

14 2

14.5

14.7

14.9

14.9

15.1

15.4

15.7

16.1

16.1

16.2

16.6

16.7

16.9

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tan
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest , „ .

21
22

147.7
16.1

154.9
154

159.4
16.6

161.6
15.9

163.0
162

165.7
16.7

166.6
17.2

165.0
17.8

167.1
18.1

178.5
18.6

182.4
19.0

184.1
19.3

182.9
19.2

174.4
19.0

174.1
18.5

174.5
18.4

176.4
18.3

183.5
18.7

23
24
25
26
27

131.5
97.6
91.9
5.7
33.0

139.4
102.5
96.5
6.0
35.9

1424
107.1
100.5
6.6
34.7

145.7
1104
103.4
6.8
34.4

146.8
110.9
104.0
6.9
34.8

149.0
112.4
105.3
7.1
35.5

149.4
115.2
108.1
7.2
33.0

147.2
115.4
108.1
7.2
30.6

149.0
117.6
110.2
7.3
30.2

159.9
124.4
116.9
7.6
34.2

163.4
127.2
119.5
7.8
34.9

164.8
129.6
121.6
7.9
34.0

163.7
129.6
121.6
8.1
32.8

155.4
128.1
120.0
8.1
25.9

155.6
126.1
117.9

156.1
125.4
117.2
8.2
29.2

158.1
125.4
117.0
8.3
31.1

164.8
128.7
1202
8.5
34.3

28
29
30
31
32
33
34
35

43.3
18.9
24.4
7.6
16.8
-7.3
-3.0
.9

47.9
20.8
27.1
8.1
19.0
-8.5
-3.5
.9

47.1
25.1
22.0
7.1
15.0
-8.7
-3.6
1.1

38.9
20.9
17.9
72
10.7
-1.0
-3.5
1.1

34.6
18.8
15.8
7.1
8.7
3.5
-3.3
1.1

37.2
20.1
17.0
7.1
9.9
1.5
-3.1
1.1

34.9
183
16.7
6.7
9.9
1.3
-3.2
1.2

32.6
17.1
15.5
7.3
8.2
1.2
-3.1
1.2

32.4
17.0
15.4
7.1
8.3
.7
-2.9
1.3

36.2
18.9
17.3
7.3
10.0
.8
-2.8
1.3

38.1
19.9
18.2
6.9
11.3
-.4
-2.7
1.3

38.0
20.0
18.1
7.5
10.6
-1.6
-2.4
1.2

37.0
19.4
17.6
7.5
10.1
-2.0
-2.2
1.3

27.5
14.7
12.8
7.3
5.5
0
-1.6
1.4

29.8
14.4
15.3
7.7
7.7
-1 7
14

30.9
14.9
15.9
7.1
8.8
0
-1.6
1.5

33.2
16.0
17.2
7.5
9.7
-.7
-1.4
1.6

35.8
17.3
18.5
7.4
11.1
-.5
-1.0
1.7

28^1

Billions of chained (1992) dollars
Gross domestic product ol nonfinancial
corporate business 1 .
Consumption of fixed capital
Net domestic product3

2

See footnotes at the end ol the table.




36

6514

6684

6594

6634

6715

676.7

6614

6775

678.7

723.1

742.7

751.8

7474

718.2

715.9

717.1

7245

751.5

37
38

58.8
592.2

59.5
608.7

60.3
599.1

60.9
602.4

61.5
610.0

62.0
614.7

62.4
619.0

63.0
614.5

63.6
615.2

64.2
658.9

65.0
6774

65.6
686.2

66.4
681.1

67.1
651.1

67.8
648.1

68.5
648.6

69.3
655.3

70.1
681.4

Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Chained Dollars: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Quarters seasonally adjusted at annual rates]
1957

1956

1955
Line
1

II

III

IV

1

II

III

IV

I

II

1958
III

IV

1

II

1959
III

IV

1

II

Billions ol dollars
1

220.2

227.1

232.3

238.3

240.0

243.7

2455

252.2

257.0

257.0

2585

253.7

244.7

2443

253.2

265.1

274.9

Consumption of fixed capital

2

17,5

17.7

18.2

18.7

19.4

19.9

20.6

212

21.6

22.0

22.6

23.2

22.8

23.3

23.5

23.4

24.6

24.2

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dwidends
Undistributed profits
Inventory valuatton adjustment
Capital consumption adjustment
Net interest

3
4

202.7
20.2

209.3
21.0

214.1
21.6

219.6
22.0

220.6
22.4

223.7
22.7

225.0
23.3

231.0
23.9

235.4
24.1

235.0
24.4

235.9
24.7

230.5
24.5

221.9
24.3

221.0
24.6

229.7
24.9

241.7
25.7

250.4
26.4

262.3
26.9

5
6
7
8
9

182.4
138.4
129.0
9.5
44.2

188.3
143.0
133.2
9.8
45.4

192.4
146.8
136.6
10.1
45.8

197.6
150.9
140.5
10.4
46.7

198.2
154.0
143.1
10.9
44.4

201.1
157.0
145.8
11.2
44.2

201.7
158.8
147.3
11.5
43.2

207.1
163.6
151.8
11.8
43.8

211.2
165.8
153.5
12.3
45.4

210.6
166.6
154.1
12.5
44.1

211.2
167.9
155.1
12.8
43.5

206.0
166.3
153.4
12.9
39.9

197.6
1622
149.6
12.5
35.0

196.4
160.3
147.8
12.5
35.6

204.8
164.5
151.8
12.7
39.8

216.0
169.5
156.4
13.1
46.0

223.9
175.5
161.1
14.4
48.6

235.4
1813
166.5
14.9
54.1

10
11
12
13
14
15
16
17

45.9
21.3
24.6
8.6
16.0
-1.1
-.6
-2

46.6
21.6
25.0
8.8
16.2
-.9
-.3
-.1

47.6
22.2
25.4
9.3
16.1
-2.2
.4
-.1

49.4
23.1
26.3
9.3
17.0
-2.8
.1
0

47.4
22.0
25.3
9.5
15.9
-2.9
-.1
-.1

48.4
22.5
26.0
9.5
16.4
-3.6
-.6
-.2

45.6
21.1
24.5
9.5
15.0
-1.2
-1.2
-.3

48.4
22.3
26.1
10.0
16.1
-3.0
-1.5
-3

49.1
22.8
26.3
10.0
16.3
-2.4
-1.3
0

46.6
21.9
24.7
9.9
14.9
-1.5
-1.0
-.1

45.6
21.4
24.2
10.0
14.2
-1.3
-.8
-.2

41.8
19.6
22.2
10.0
12.2
-.9
-.9
-.2

35.7
16.9
18.8
10.0
8.8
-.2
-.5
.4

36.5
17.2
192
10.0
92
.3
-1.2
.5

41.2
19.4
21.8
9.9
11.9
-.2
-1.1
.5

47.5
22.3
25.2
9.7
15.5
-.9
-.6
.5

50.5
23.5
27.1
10.4
16.6
-.6
-1.3
-.1

55.3
25.7
29.6
10.9
18.7
-1.0
-2
-.1

Gross domestic product of financial corporate
business.

18

10.5

10.7

10.9

115

112

115

11.6

11.7

12.1

12.1

123

12.4

133

135

135

135

145

144

Gross domestic product of nonfinancial
corporate business.

19

209.7

216.4

221.4

2273

228.8

2322

2345

240.5

244.9

2455

2462

2413

231.4

230.9

239.8

251.1

261.0

272.1

Grass domestic product ol corporate business

2865

Consumption of fixed capital

20

17.0

17.3

17.8

18.3

18.9

19.4

20.1

20.7

21.0

21.5

22.0

22.7

22.2

22.7

22.9

22.8

24.0

23.6

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary accruals
Supjjlements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

21
22

192.6
19.5

199.1
20.3

203.7
20.9

209.0
21.2

209.9
21.6

212.8
21.9

213.9
22.4

219.9
23.0

223.8
23.3

223.5
23.5

2242
23.8

218.7
23.6

209.2
23.4

208.1
23.6

216.8
23.9

228.3
24.6

237.0
25.1

248.4
25.6

23
24
25
26
27

173.1
132.2
123.2
9.0
39.3

178.8
136.7
127.3
9.4
40.5

182.8
140.3
130.6
9.7
40.9

187.8
144.3
134.4
9.9
41.8

188.3
1472
136.8
10.4
39.5

190.9
150.0
139.4
10.7
39.1

191.5
151.7
140.8
10.9
38.0

196.8
156.3
145.0
11.3
38.6

200.5
158.4
146.6
11.8
40.1

200.0
159.0
147.1
12.0
38.8

200.4
160.1
147.9
12.2
38.0

195.1
158.3
146.1
12.3
34.3

185.8
154.1
142.2
11.9
29.3

184.5
152.1
140.3
11.8
29.8

192.9
156.1
144.1
12.0
34.0

203.7
160.9
148.5
12.4
39.9

211.9
166.7
153.2
13.5
422

222.9
172.3
158.3
14.0
475

28
29
30
31
32
33
34
35

40.9
19.6
21.4
8.0
13.3
-1.1
-.5
1.6

41.5
19.8
21.7
8.3
13.5
-.9
-.2
1.6

42.6
20.3
222
8.7
13.5
-2.2
.5
1.7

44.4
212
23.2
8.8
14.4
-2.8
.2
1.7

42.4
20.1
22.2
8.9
13.4
-2.9
.1
1.6

432
20.5
22.7
9.0
13.7
-3.6
-.4
1.7

40.3
19.2
21.1
8.9
12.2
-1.2
-1.1
1.8

43.0
20.4
22.6
9.4
13.2
-3.0
-1.4
1.9

43.7
20.6
23.0
9.3
13.7
-2.4
-1.1
2.0

41.2
19.6
21.6
92
12.4
-1.5
-.9
2.1

40.0
19.0
21.0
9.3
11.7
-1.3
-.7
2.3

36.1
17.1
19.0
9.3
9.6
-.9
-.8
2.4

29.8
14.1
15.7
9.4
6.3
-2
-.3
2.5

30.5
14.5
16.0
9.4
6.6
.3
-1.1
2.7

35.3
16.7
18.6
9.3
9.3
-.2
-1.0
2.8

412
195
21.8
9.0
12.8
-.9
-.5
2.9

44.0
20.9
23 2
9.6
13.5
-.6
-1.2
3.0

48.6
23.0
25.6
10.0
15.6
-1.0
-.1
3.1

Billions of chained (1992) dollars
Gross domestic product of nonfinancial
corporate business 1 .
Consumption of fixed capital2
Net domestic product3
See footnotes at the end of the table.




36

784.9

812.2

824.4

8364

8333

8415

8335

854.1

857.7

852.2

8542

8402

7965

7943

820.1

855.6

8875

927.2

37
38

70.9
714.0

71.8
740.5

72.6
751.8

73.4
763.0

74.1
759.1

75.0
766.5

75.8
758.0

76.6
777.4

77.6
780.1

78.3
773.9

79.0
775.2

79.5
760.6

79.9
716.8

80.3
713.6

80.7
739.3

81.1
774.6

81.4
805.6

81.8
845.4

Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Chained Dollars: Annual, 1929-94, and Quarterly, 1946-94-Continued
[Quarters seasonally adjusted at annual rates]
1959

1960

1961

1962

1963

Line
III

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

1

II

III

IV

Billions of dollars
1

282.2

285.2

296.9

294.5

293.9

290.7

290.4

298.7

305.4

315.0

3225

326.7

331.1

334.9

338.7

346.9

3523

Consumption of fixed capital

2

24.1

24.1

24.8

25.1

25.3

25.4

25.5

25.6

25.8

26.0

26.3

26.6

26.8

27.1

27.3

27.6

27.8

28.1

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
wage and salary accruals
Supplements to wages and salanes
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

3
4

258.2
27.8

261.1
28.3

272.1
29.2

269.4
29.5

268.6
29.9

265.3
•30.2

264.9
30.3

273.1
30.6

279.5
31.2

288.9
32.1

296.2
32.9

300.2
33.3

304.3
34.0

307.8
34.2

311.4
34.8

319.4
35.4

325.0
36.1

330.8
36.7

5
6
7
8
9

230.4
181.6
166.5
15.1
48.9

232.8
183.8
168.5
15.3
49.1

242.9
190.3
174.0
16.4
52.6

240.0
191.7
175.2
16.5
48.3

238.6
191.3
174.8
16.5
47.4

235.1
190.3
173.8
16.5
44.9

234.6
190.3
173.6
16.7
436

242.5
193.6
176.7
16.9
48.3

248.3
197.3
180.1
17.2
50.3

256.8
202.0
184.4
17.6
54.2

263.3
206.4
187.5
18.9
56.5

266.9
210.7
191.5
19.3
55.5

270.2
212.9
193.3
19.6
56.6

273.7
214.9
195.0
19.9
582

276.6
217.7
197.2
20.5
58.6

283.9
221.1
200.3
20.8
62.2

288.8
224.5
203.4
21.1
63.4

294.1
228.4
206.8
21.6
64.7

10
11
12
13
14
15
16
17

49.1
23.0
26.1
11.0
15.1
-.3
.1
0

47.7
22.5
25.3
11.1
14.2
.8
.5
0

53.1
25.1
28.0
11.4
16.6
-.9
.4

46.5
23.0
25.6
11.3
14.3
-.6
.4
-.1

46.4
21.9
24.4
11.7
12.7
.5
.5
-.1

44.0
20.8
23.2
11.4
11.8
.3
.6
-.1

43.0
20.6
22.4
11.2
11.2
-.1
1.0
.5

46.0
22.0
24.0
11.5
12.5
1.0
1.3
.6

48.7
23.3
25.5
11.5
13.9
.3
1.3
.7

53.1
25.3
27.7
12.0
15.7
-.2
1.3
.7

52.1
23.8
28.3
12.2
16.1
.4
3.9
.4

51.7
23.6
28.1
12.5
15.6
-.1
4.0
.6

53.2
24.2
29.0
12.6
16.4
-.8
4.2
.7

53.4
24.3
29.1
12.1
17.0
.5
4.3
.6

53.2
24.4
28.7
12.9
15.8
1.0
4.4
.3

56.9
26.1
30.7
13.4
17.3
2
5.1
.7

58.4
26.9
31.6
13.6
18.0
-.2
5.2
.9

59.9
27.5
32.4
13.8
18.6
-.8
5.6
.9

Gross domestic product of financial corporate
business.

18

152

15.5

15.9

16.0

15.9

15.9

16.9

16.9

16.8

16.8

16.8

173

17.3

16.9

172

17.4

17.7

183

Gross domestic product of nonfinancial
corporate business.

19

267.1

269.7

281.1

2785

277.9

274.8

273.6

281.8

288.6

298.2

305.7

3095

313.7

318.0

3216

329.5

335.1

3403

Gross domestic product of corporate business

0

358.9

Consumption of fixed capital

20

23.4

23.4

24.2

24.4

24.7

24.8

24.8

25.0

25.2

25.4

25.6

25.9

26.1

26.4

26.6

26.8

27.1

27.4

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary accruals
Supplements to wages and salanes
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

21
22

243.7
26.4

246.3
26.9

256.9
27.8

254.1
28.0

253.3
28.5

250.0
28.7

248.7
28.9

256.9
29.1

263.4
29.7

272.8
30.5

280.1
31.3

283.6
31.7

287.6
32.4

291.6
32.6

295.0
33.1

302.7
33.7

308.0
34.4

313.5
34.9

23
24
25
26
27

217.2
172.4
158.1
14.2
41.7

219.4
174.4
160.1
14.4
41.6

229.1
180.8
165.4
15.5
44.9

226.1
182.1
166.5
15.6
40.6

224.8
181.4
165.9
15.5
39.9

221.3
180.3
164.7
15.6
37.3

219.9
180.1
164.4
15.7
36.1

227.8
183.1
1672
15.9
40.8

233.7
186.8
170.5
16.2
42.9

242.3
1913
174.7
16.6
46.7

248.8
195.5
177.7
17.8
49.0

251.9
199.7
181.5
18.1
47.8

255.2
201.7
183.2
18.5
48.9

259.1
203.6
184.9
18.7
50.7

261.9
206.2
186.8
19.3
51.1

269.0
209.4
189.9
19.5
543

273.6
212.6
192.7
19.8
56.1

278.6
216.1
195.8
20.3
57.4

28
29
30
31
32
33
34
35

41.8
19.9
21.9
10.1
11.8
-.3
.2
3.2

40.2
19.2
21.0
10.1
10.9
.8
.6
3.3

45.3
21.5
23.8
10.5
13.3
-.9
.4
3.4

40.8
19.4
21.4
10.5
10.9
-.6
.4
3.4

38.8
18.5
20.3
10.8
9.5
.5
.5
3.5

36.4
17.4
19.0
10.5
8.5
.3
.6
3.7

352
17.1
18.0
10.3
7.7
-.1
1.0
3.7

38.5
18.7
19.8
10.5
9.3
1.0
1.3
3.9

41.3
20.0
21.3
10.5
10.8
.3
1.3
4.0

45.6
22.0
23.6
11.0
12.7
-.2
1.3
4.3

44.6
20.5
24.1
11.2
12.9
.4
3.9
4.3

43.9
202
23.7
11.4
12.3
-.1
4.0
4.4

45.5
20.8
24.6
11.6
13.0
-.8
4.2
4.6

45.9
21.0
24.9
11.3
13.6
.5
4.3
4.8

45.7
21.0
24.8
12.1
12.7
1.0
4.4
4.6

49.6
22.7
26.9
12.6
14.2
.2
5.0
4.8

51.2
23.4
27.8
12.8
15.0
-.2
5.2
4.9

52.6
24.0
28.6
13.0
15.6
-.8
5.5
5.1

1,048.0 1,059.7

1,071.6

1395.4 1,111.7

1,125.7

Billions of chained (1992) dollars
Gross domestic product of nonfinancial
corporate business'.
Consumption of fixed capital
Net domestic product3

2

See footnotes at the end of the table.




36

910.0

917.1

952.5

941.9

938.9

928.3

9213

948.9

9703

1,0013

37
38

82.3
827.7

82.9
834.3

83.7
868.8

84.3
857.6

84.9
854.0

85.5
842.8

86.0
835.3

86.6
862.3

87.2
883.1

87.9
913.4

1,0226 13355
88.6
9342

89.3
946.1

90.1
957.9

91.0
968.8

91.9
979.7

923
93.7
94.6
1,002.7 1,018.0 1,031.0

Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Chained Dollars: Annual, 1929-94, and Quarterly, 1946-54—Continued
[Quarters seasonally adjusted at annual rates]

I

II

III

IV

1

II

1967

1966

1965

1964
Line

III

IV

1

II

III

IV

1

II

1968
III

IV

I

II

Billions of dollars
1

367.4

3735

3813

385.9

401.1

408.6

4165

430.1

442.6

450.9

4575

466.2

468.7

4723

482.8

4953

508.9

Consumption ot fixed capital

2

28.5

28.9

29.3

29.9

30.3

30.9

31.5

32.2

32.9

33.8

34.6

35.5

36.2

36.9

37.8

38.7

39.6

40.7

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic inoome
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
,
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

3
4

339.0
37.3

344.6
38.0

351.9
39.1

356.0
39.8

370.7
41.0

377.7
41.0

385.0
41.2

397.9
42.0

409.7
41.6

417.1
42.6

423.0
43.1

430.8
43.7

432.5
43.9

435.8
44.6

445.0
46.1

456.6
47.6

469.2
49.8

483.7
51.6

S
6
7
8
9

301.7
232.1
210.3
21.9
68.6

306.5
237.1
214.7
22.4
68.6

312.8
2422
2192
23.0
69.6

316.2
246.4
222.9
23.5
68.6

329.8
252.0
228.0
24.1
76.2

336.7
256.7
232.1
24.6
78.1

343.8
262.1
236.8
25.3
79.6

355.9
269.7
243.7
26.0
83.7

368.1
278.4
249.8
28.6
87.0

374.6
286.0
256.8
29.2
85.6

380.0
292.6
262.8
29.7
83.8

387.1
298.0
267.6
30.4
84.8

388.6
301.5
270.8
30.7
82.1

391.2
304.5
273.5
31.0
81.2

398.9
311.0
279.1
31.8
82.0

409.0
317.5
284.8
32.7
85.1

419.4
327.6
293.3
34.3
85.9

432.1
337.0
301.3
35.7
89.3

10
11
12
13
14
15
16
17

62.9
27.8
35.2
14.0
215
-.2
5.9
.9

63.0
27.8
35.2
14.6
20.6
-.1
5.7
.9

64.6
28.4
362
15.0
212
-.9
5.9
1.0

63.6
27.9
35.7
15.6
20.1
-.7
5.7
1.2

70.4
29.4
41.0
15.5
25.5
-.4
6.2
1.5

72.8
30.3
42.4
16.3
26.2
-1.1
6.5
1.8

74.2
30.9
43.3
17.3
26.1
-1.5
6.9
2.1

79.1
32.9
46.2
18.3
27.8
-1.9
6.6
2.5

81.4
34.0
47.4
18.7
28.7
-1.2
6.8
2.6

81.4
34.0
47.4
18.2
29.2
-2.7
6.8
2.9

80.6
33.6
47.0
18.0
28.9
-3.6
6.8
3.6

78.8
33.0
45.8
17.4
28.4
-1.0
7.0
4.3

75.7
32.2
43.4
18.7
24.7
-.4
6.8
5.0

75.6
31.9
43.6
19.5
24.1
-1.3
7.0
5.4

76.3
32.2
44.1
19.2
24.8
-1.7
7.4
6.0

80.6
34.2
46.4
18.2
28.3
-2.8
7.3
6.4

832
38.5
44.7
20.7
24.1
-4.7
7.4
5.8

84.8
39.2
45.5
20.7
24.8
-2.9
7.4
5.9

18

185

18.6

19.0

193

195

19.9

205

22.0

225

22.9

23.6

24.0

25.0

26.1

27.0

27.7

28.7

293

19

3485

354.8

362.2

366.6

3815

388.7

395.8

408.1

419.7

428.0

434.0

442.3

443.7

446.7

4553

467.6

4802

495.1

Gross domestic product of corporate business

Gross domestic product of financial corporate
business.
Gross domestic product of nonfinancial
corporate business.

524.4

Consumption of fixed capital

20

27.7

28.1

28.6

29.1

29.5

30.0

30.6

31.3

31.9

32.8

33.6

34.4

35.1

35.8

36.6

37.5

38.4

39.4

Net domestic product
Indirect business tax and nontax liability pjus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

21
22

321.2
35.4

326.7
36.1

333.7
37.1

337.5
37.8

352.0
38.9

358.7
38.9

365.2
39.1

376.8
39.9

387.8
39.5

395.2
40.3

400.5
40.7

407.9
41.3

408.6
41.5

410.8
42.2

419.2
43.6

430.1
45.1

441.7
47.2

455.7
49.0

23
24
25
26
27

285.8
219.7
199.2
20.5
60.9

290.6
224.4
203.4
21.1
60.9

296.6
229.3
207.7
21.6
61.9

299.7
233.3
211.2
22.1
61.0

313.2
238.7
216.2
22.5
68.8

319.8
243.2
220.1
23.1
70.5

326.1
248.3
224.6
23.7
71.6

337.0
255.6
231.3
24.4
743

348.3
264.0
237.1
26.9
77.7

354.9
271.3
243.8
27.5
76.5

359.7
277.7
249.7
28.0
74.4

366.5
282.9
254.3
28.6
75.6

367.1
285.9
257.1
28.9
72.8

368.6
288.4
259.3
29.1
71.7

375.6
294.3
264.5
29.8
72.4

385.0
300.4
269.8
30.6
752

394.6
310.2
278.0
32.2
75.1

406.8
318.9
285.4
33.5
78.1

28
29
30
31
32
33
34
35

55.4
23.8
31.6
13.1
18.5
-.2
5.7
5.2

55.5
23.8
31.7
13.6
18.2
-.1
5.5
5.3

57.1
24.4
32.7
13.8
18.9
-.9
5.8
5.3

56.1
23.8
32.2
14.3
17.9
-.7
5.6
5.5

63.1
26.0
37.1
14.4
22.7
-.4
6.1
5.7

65.3
26.8
38.4
15.1
23.4
-1.1
6.4
6.0

66.3
272
39.2
16.1
23.1
-1.5
6.8
6.2

70.2
28.8
41.4
17.0
24.4
-1.9
6.5
6.6

72.2
29.9
42.2
17.4
24.9
-1.2
6.7
6.7

72.4
29.9
42.5
17.0
25.5
-2.7
6.8
7.1

71.3
29.4
41.9
16.8
25.2
-3.6
6.7
7.6

69.6
28.7
40.9
16.2
24.7
-1.0
6.9
8.1

66.4
27.5
38.8
17.4
21.5
-.4
6.7
8.4

66.2
272
39.0
18.1
20.9
-1.3
6.9
8.5

66.8
27.5
39.4
17.8
21.6
-1.7
7.3
8.9

70.8
29.2
41.6
16.7
24.9
-2.8
7.3
9.4

72.5
33.0
39.6
18.7
20.9
-4.7
7.3
9.3

73.8
33.4
40.3
18.7
21.6
-2.9
7.3
9.7

1,383.0

1383.1

1,387.6

1,4005

1,424.7

1,447.0

1,479.6

118.3
120.0
1,282.5 1,304.7

121.7
1,325.4

123.4
1,356.1

Billions of chained (1992) dollars

Gross domestic product of nonfinancial
corporate business >.
Consumption of fixed
Net domestic product
See footnotes at the end of the table.




36

1,1515

1,1695

1,192.7

37
38

95.6
1,056.0

96.7
1,073.2

102.2
97.9
99.2
100.6
1,094.8 1,100.6 1,143.2 1,159.2

1,199.8

12435

1361.4

1,279.9

1315.8

103.9
105.8
1,176.0 1,210.0

1,3443

1,360.1

1369.6

116.7
113.4
115.0
107.9
109.8
111.6
1,236.9 1,250.3 1,258.0 1,269.6 1,268.1 1,271.0

Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Chained Dollars: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Quarters seasonally adjusted at annual rates]
1968

1970

1969

1971

1972

Line
III

IV

1

II

III

IV

I

II

III

IV

1

II

III

IV

I

II

III

IV

Billions of dollars
1

536.2

549.7

560.7

570.5

580.7

585.7

585.2

594.1

602.6

601.1

627.0

638.8

650.7

664.9

6874

7055

7205

Consumption of fixed capital

2

41.7

42.9

44.0

45.0

46.1

47.3

48.4

49.8

50.8

52.1

53.4

54.5

55.5

56.5

57.5

61.2

59.7

60.9

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest
.'.

3
4

494.6
53.6

506.8
54.8

516.7
55.7

525.5
57.3

534.5
58.8

538.4
59.6

536.7
60.3

544.3
61.5

551.8
62.7

549.1
63.6

573.6
66.1

584.3
67.0

595.2
69.4

608.4
70.8

630.3
71.0

644.6
72.4

660.8
73.9

687.5
76.2

5
6
7
8
9

441.0
345.8
309.1
36.7
89.2

452.0
355.8
317.9
37.9
90.0

461.0
364.6
325.1
39.6
89.5

468.1
374.6
334.2
40.5
86.3

475.7
384.6
343.0
41.6
83.4

478.8
392.6
349.9
42.7
78.2

476.4
397.0
353.2
43.8
70.3

482.8
399.0
354.4
44.6
73.6

489.1
404.2
358.6
45.6
73.4

485.5
403.9
357.7
46.2
69.2

507.5
414.4
366.1
48.4
81.1

517.3
422.9
373.4
49.5
82.7

525.8
429.3
378.7
50.6
85.1

537.6
438.6
386.6
52.0
87.7

559.3
455.9
399.5
56.4
92.7

572.2
468.1
409.6
58.6
93.4

586.9
477.9
417.7
60.2
97.7

611.3
494.2
432.3
61.9
104.7

10
11
12
13
14
15
16
17

84.8
39.4
45.5
21.7
23.8
-3.0
7.3
5.9

86.9
40.3
46.6
22.0
24.6
-4.1
7.2
6.2

86.7
41.3
45.4
21.5
24.0
-4.9
7.7
6.9

83.8
40.2
43.6
21.6
21.9
-5.2
7.8
7.2

80.4
38.8
41.6
21.1
20.5
-4.9
7.9
7.6

78.9
38.4
40.5
21.3
19.2
-8.4
7.7
8.0

71.7
34.2
37.5
20.0
17.4
-8.8
7.4
9.1

713
34.3
37.0
20.1
16.9
-4.6
6.9
10.2

72.9
35.2
37.6
19.3
18.3
-6.2
6.7
11.6

69.3
33.7
35.6
19.5
16.1
-6.6
6.5
12.3

78.7
37.4
41.3
20.0
21.3
-3.6
6.1
11.9

81.0
38.2
42.8
18.4
24.3
-4.7
6.4
11.7

84.0
37.5
46.5
20.0
26.5
-6.6
6.7
11.4

85.3
37.9
47.5
174
29.7
-4.5
6.8
11.3

90.5
40.0
50.5
21.2
29.3
-5.8
8.0
10.7

91.3
402
51.0
21.1
29.9
-5.8
8.0
10.7

94.4
41.5
52.9
21.0
31.9
-5.8
9.2
11.3

103.7
45.7
58.0
20.3
37.7
-9.0
9.9
12.4

Gross domestic product of financial corporate
business.

18

29.7

29.7

30.9

304

31.0

31.8

32.6

32.8

34.9

37.2

374

384

40.0

39.7

404

42.2

42.7

435

Gross domestic product of nonfinancial
corporate business.

19

506.5

520.0

5294

539.7

5494

5534

552.6

5614

567.7

5634

589.4

6004

610.7

625.1

6474

6635

677.9

7045

Consumption of fixed capital

20

40.3

41.5

42.5

43.5

44.6

45.7

46.8

48.1

49.0

50.2

51.5

52.6

53.5

54.4

55.4

59.0

57.4

585

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

21
22

466.2
50.8

478.5
51.9

487.3
52.7

496.2
54.2

505.1
55.6

508.2
56.3

505.8
57 2

513.3
58.3

518.6
59.5

513.7
60.3

537.9
62.6

547.7
63.3

5572
65.4

570.7
66.7

591.6
66.9

604.6
682

620.4
69.7

646.4
71.8

23
24
25
26
27

415.4
327.1
292.7
34.5
77.9

426.6
336.6
301.1
35.5
78.9

434.5
345.0
307.8
37.2
77.6

442.0
354.6
316.6
38.1
74.7

449.5
364.2
325.0
39.2
71.7

451.9
371.5
331.3
40.2
65.9

448.7
375.1
334.1
41.0
58.0

454.9
376.9
335.2
41.8
61.2

459.1
381.7
338.9
42.7
59.7

453.4
380.9
337.5
43.3
54.3

475.3
390.8
345.6
45.2
66.5

484.4
398.7
3525
46.2
67.7

491.7
404.8
357.5
47.3
69.0

504.0
413.7
365.0
48.7
71.9

5244
430.3
377.5
52.7
76.2

536.3
441.5
386.7
54.7
76.4

550.7
450.3
394.1
56.2
81.1

574.6
466.2
408.3
57.9
87.8

28
29
30
31
32
33
34
35

73.7
33.5
40.3
19.4
20.9
-3.0
7.1
10.4

76.0
34.4
41.6
19.6
22.0
-4.1
6.9
11.1

75.1
35.1
40.0
19.1
20.9
-4.9
7.5
11.9

72.4
34.0
38.4
19.2
19.2
-4.2
7.5
12.7

69.0
325
36.5
18.9
17.6
-4.9
7.6
13.7

66.9
31.8
35.1
19.2
15.9
-8.4
7.4
14.5

59.6
27.4
32.2
18.5
13.7
-6.8

59.0
27.4
31.6
18.6
13.0
-4.6
6.7
16.8

59.4
27.9
31.5
18.3
13.3
-6.2
6.5
17.8

54.5
26.0
28.6
16.6
9.9
-6.6
6.3
182

64.2
29.7
34.5
19.2
15.3
-3.6
5.9
18.0

66.2
30.5
35.6
17.9
17.7
-4.7
62
18.0

68.1
29.5
38.6
19.3
192
-6.6
6.5
17.9

69.8
30.0
39.8
17.5
22.3
-4.5
6.6
18.5

74.3
32.0
42.3
20.3
22.0
-5.8
7.7
18.3

74.6
32.1
42.5
20.2
22.3
-5.8
7.7
18.5

78.2
33.5
44.7
20.2
24.5
-6.8
8.8
195

87.2
37.4
49.8
19.8
30.0
-9.0
9.5
20.6

Gross domestic product of corporate business

12

15.6

7484

Billions of chained (1992) dollars
Gross domestic product of nonfinancial
corporate business'.
Consumption of fixed capital2
Net domestic product3
See footnotes at the end of the table.




36

14024

14514

1430.4

1433.7

1446.4

14194

14694

37
38

127.2
125.3
129.3
131.2
133.1
134.8
1,377.6 1,394.1 1,404.8 1,414.7 1,423.1 1,416.5

136.4
1,394.0

139.4
137.9
1,395.8 1,407.0

140.8
1,378.8

142.4
143.5
145.0
1,427.1 1,438.2 1,452.4

1521.3

1434.1

1445.9

1456.2

1,5814 14974

1,6274 14665

1,705.4 1,730.0 1,7754

146.6
1,4812

157.3
152.1
154.1
1,546.1 1,578.0 1,621.7

148.3
1,5182

Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Chained Dollars: Annual, 1929-94, and Quarterly, 1946-94-Continued
[Quarters seasonally adjusted at annual rates]

Une
I

II

III

IV

1

II

1976

1975

1974

1973

III

IV

1

II

III

IV

I

II

1977
III

IV

1

II

Billions of dollars
1,025.4 1,041.0 1,0645

1

777.3

789.7

804.8

8273

834.6

856.4

8775

885.4

8863

9103

956.4

9865

?

62.2

64.9

66.0

67.9

70.3

74.1

78.4

83.1

87.2

90.5

92.9

952

97.4

1002

102.6

105.4

3
4

715.1
790

724.8
80.4

738.9
82.0

759.5
83.0

764.3
83.9

782.3
85.9

798.5
87.7

802.2
88.2

799.1
87.5

820.3
91.0

863.5
94.8

891.5
97.3

928.0
97.4

940.7
99.8

962.1
102.0

982.8 1,014.7 1,069.4
109.3
105.0
107.3

5
6
7
8
9

636.1
515.2
446.7
68.6
109.3

644.4
528.5
458.5
70.0
104.0

656.9
541.6
469.9
71.7
102.5

676.4
557.2
483.2
74.0
105.1

680.4
569.4
492.3
77.1
94.4

696.4
584.3
505.0
79.3
93.3

710.9
599.8
517.8
82.0
90.7

714.1
604.5
520.5
84.1
88.4

711.6
598.5
514.3
84.2
92.2

7292
602.8
5172
85.5
105.3

768.7
622.0
5322
89.7
126.4

794.2
644.6
549.9
94.7
130.3

830.6
670.2
569.7
100.4
142.7

840.9
687.8
583.2
104.5
137.2

860.1
707.5
598.3
1092
137.6

877.8
727.0
613.4
113.6
135.9

907.4
746.3
629.0
117.3
144.5

960.1
776.9
654.0
122.9
164.8

10
11
12
13
14
15
16
17

115.8
49.2
66.6
20.6
46.0
-16.1
9.5
11.6

116.8
49.6
67.2
21.5
45.7
-21.7
8.9
11.8

112.9
47.9
64.9
21.8
43.1
-19.0
8.6
12.8

118.7
50.4
68.3
21.5
46.8
-23.4
9.7
14.2

118.6
48.8
69.8
19.6
50.2
-33.0
8.7
16.6

124.5
51.4
73.0
22.3
50.7
-38.3
7.2
18.8

136.9
56.8
80.1
21.3
58.8
-51.5
5.4
20.3

121.4
50.1
71.3
19.4
51.9
-35.0
2.0
21.1

104.6
42.6
62.0
23.8
38.1
-12.7
.3
20.9

113.5
45.9
67.6
23.0
44.6
-7.3
-.9
21.1

140.3
56.9
83.4
23.1
60.3
-12.2
-1.8
20.3

144.7
58.2
86.5
24.2
62.3
-11.7
-2.7
19.4

157.9
65.4
92.5
22.7
69.9
-11.6
-3.6
17.7

157.3
64.5
92.8
27.2
65.6
-15.5
-4.5
15.9

157.8
64.1
93.6
28.3
65.3
-15.9
-4.2
14.9

156.0
62.9
93.1
29.4
63.7
-16.6
-3.5
14.9

170.0
67.5
102.6
28.4
74.2
-22.3
-3.3
16.7

183.6
73.1
110.7
28.6
82.1
-16.0
-3.0
18.4

Gross domestic product of financial coiporate
business.

18

44.6

45.4

45.1

463

46.0

475

505

50.7

525

52.6

54.2

56.0

572

58.4

593

62.4

66.2

705

Gross domestic product of nonfinancial
corporate business.

19

732.7

7443

759.8

781.1

788.6

8083

8265

834.7

833.7

858.2

902.1

9303

968.2

Grass domestic product ol corporate business

Indirect business tax and nontax liability plus
business transfer payments less sutsidies.

Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Net interest

13882

982.6 1,004.7 15255

1,123.2 1,182.2
108.5

112.8

1,057.0 1,112.1

20
Indirect business tax and nontax liability plus
business transfer payments less subsidies.

Coiporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

59.8

62.3

63.3

65.1

67.5

71.0

75.1

79.7

83.5

86.7

88.9

91.1

93.1

95.8

98.0

100.6

103.5

21
22

672.9
74.4

682.0
75.6

696.5
772

716.0
78.1

721.1
79.0

737.7
80.9

751.3
82.6

755.0
83.0

750.3
82.5

771.5
85.8

8133
89.4

839.7
91.7

875.1
91.8

886.8
94.0

906.7
96.0

925.1
98.7

953.4 1,004.5
102.7
100.8

107.6

23
24
25
26
27

598.5
486.3
422.2
64.1
91.4

606.3
4992
433.7
655
85.4

619.3
511.7
444.6
67.1
84.6

637.9
526.5
4572
69.3
87.1

642.2
538.1
465.8
72.3
77.9

656.8
552.2
477.7
745
76.7

668.8
566.5
489.5
77.0
73.1

672.0
570.3
491.5
785
71.7

667.7
563.2
484.7
78.5
75.4

685.7
566.6
487.1
79.6
90.0

723.8
585.0
501.6
83.4
110.3

748.0
606.4
518.4
88.0
113.4

783.3
6312
537.7
935
124.2

792.7
647.7
550.3
973
117.7

810.8
6663
564.6
101.7
117.3

826.4
684.5
578.7
1053
114.4

852.6
702.9
593.6
109.4
120.9

901.9
732.3
617.6
114.7
139.7

28
29
30
31
32
33
34
35

98.4
40.5
57.9
20.1
37.8
-16.1
9.0
20.9

98.7
40.5
58.2
20.9
37.3
-21.7
8.3
21.8

95.7
38.7
57.0
21.7
35.3
-19.0
8.0
22.9

101.4
41.0
60.4
21.5
38.9
-23.4
9.0
24.3

102.9
39.7
63.2
20.5
42.7
-33.0
8.0
26.2

108.6
42.0
66.6
23.1
43.5
-38.3
6.4
27.9

119.9
46.8
73.1
22.3
50.8
-51.5
4.7
29.2

105.3
40.4
64.9
20.9
44.0
-35.0
1.4
30.0

88.3
33.0
55.3
25.0
30.3
-12.7
-.2
29.1

98.6
36.8
61.8
24.4
37.4
-7.3
-1.3
29.0

124.6
47.7
76.8
24.3
52.5
-12.2
-2.1
28.5

128.0
48.5
79.5
25.3
54.2
-11.7
-3.0
28.2

139.5
54.6
84.9
24.3
60.6
-11.6
-3.8
28.0

137.9
53.5
84.4
28.1
56.3
-15.5
-4.6
27.3

137.4
52.7
84.7
29.3
55.4
-15.9
-4.2
27.2

134.5
51.0
83.5
305
53.0
-16.6
-3.5
27.5

146.5
55.2
91.3
29.7
61.6
-22.3
-3.3
28.8

158.7
60.1
98.6
30.5
68.1
-16.0
-3.0
29.9

1317.1

13775

1,8915

1,9125

1523.2

Billions of chained (1992) dollars

See footnotes at the end of the table.




36

1,822.9 1,816.9 1,814.0 1,8253

37
38

Gross domestic product of nonfinancial
coiporate business'.

178.9
183.4
191.7
175.9
177.4
180.2
182.3
185.3
187.5
160.7
168.9
170.7
172.6
174.3
163.2
166.1
156.1
161.5
1,666.8 1,655.3 1,6532 1,662.1 1,639.0 1,644.4 1,615.7 1,570.0 1,525.9 1554.6 1,611.8 1,638.3 1,6972 1,709.3 1,729.4 1,737.9 1,768.0 1,839.1

1,805.1

1,8133

1,7865

1,742.7 1,700.2 1,7305

1,7892

1555.4 2,030.8

Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Chained Dollars: Annual, 1929-94, and Quarterly, 1946-94-Continued
[Quarters seasonally adjusted at annual rates]
1977

1978

1980

1979

1981

Line
III

IV

1

II

III

IV

I

II

III

IV

1

II

III

IV

I

II

III

IV

Billions of dollars
Gross domestic product ol corporate business

t

1,2282 12556
115.5

119.3

12796
124.7

1,362.7 1398.7 1,450,1 1,479.4 13103
128.0

132.5

1372

142.6

149.0

13443

13803

13213

13174

13605

154.6

160.2

164.9

171.3

179.3

1,7463 13223
184.4

191.8

1356.8 1,9225 1,920.6
201.6

207.2

Consumption of fixed capital

2

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

3
4

1,112.7 1,136.4 1,155.1 1,234.7 1,266.2 1,312.9 1,336.9 1,361.9 1,389.4 1,420.4 1,456.7 1,446.2 1,481.2 1,562.4 1,630.5 1,655.2 1,715.3 1,701.0
131.4
149.3
155.3
112.0
114.7
119.7
125.4
129.4
133.3
135.6
138.9
143.1
162.0
178.5
125.5
182.2
184.0
184.7

5
6
7
8
9

1,000.6 1,021.6 1,035.4 1,1092 1,140.8 1,183.5 1,205.4 1,228.7 1253.8 1,281.4 1,313.6 1,296.8 1,325.9 1,400.4 1,452.0 1,473.0 1,531.3 1,516.3
801.3
826.8
851.0
892.2
954.0
985.3 1,010.0 1,039.8 1,067.8 1,095.8 1,104.7 1,125.4 1,172.6 1,207.8 1,233.8 1,263.9 1,277.9
919.8
922.0
938.9
977.7 1,007.2 1,028.1 1,052.3 1,062.9
673.7
694.2
797.7
844.2
868.6
891.8
914.8
712.0
746.3
769.3
823.8
182.8
127.7
165.7
171.1
176.0
181.0
186.5
194.9
132.6
139.0
1453
150.4
156.3
161.5
200.6
205.6
211.6
215.0
174.7
169.4
166.4
136.8
143.3
164.6
178.9
172.7
160.7
191.2
199.4
187.2
182.6
180.5
193.0
193.3
172.8
163.2

219.6

10
11
12
13
14
15
16
17

191.2
75.8
115.5
29.9
85.5
-10.6
-1.7
20.4

192.4
75.8
116.6
32.0
84.5
-17.7
-2.1
22.2

186.2
70.8
115.4
32.6
82.8
-22.3
-3.2
23.8

220.0
85.5
134.6
31.6
102.9
-24.9
-3.9
25.8

222.3
86.5
135.8
36.5
99.4
-24.6
-4.4
27.7

232.5
91.2
141.3
38.8
1025
-28.4
-4.6
30.1

229.8
89.1
140.7
37.4
103.2
-37.3
-5.3
32.9

231.1
89.5
141.6
37.2
104.4
-41.7
-6.9
36.1

227.9
88.4
139.5
34.4
105.1
-45.2
-7.9
39.3

219.9
85.0
134.9
36.7
98.2
-42.2
-8.3
44.1

230.6
96.2
134.4
36.8
97.6
-54.4
-9.8
51.4

182.5
74.4
108.1
49.1
59.0
-35.0
-10.7
55.2

196.9
80.2
116.7
40.5
76.2
-43.0
-10.6
57.2

213.6
88.2
125.4
44.0
81.4
-39.7
-9.3
63.2

221.5
91.2
130.4
49.2
81.2
-39.4
-1.6
63.7

196.7
79.6
117.1
53.2
63.9
-25.9
1.9
66.5

204.3
83.4
120.9
56.9
64.0
-18.9
7.5
74.5

177.8
70.4
107.4
56.9
50.5
-18.6
4.1
75.2

Gross domestic product of financial corporate
business.

18

73.7

775

82.0

87.1

91.2

94.7

95.7

98.1

100.0

102.4

106.2

105.4

1072

112.5

116.0

111.9

1123

112.2

Gross domestic product of nonfinancial
corporate business.

19

1,412.9 1,444.0 1,4782

1515 A

1312.0

1,553.3 1,634.2 1,7063

1,7443

1309.7

1,808.4

190.0

195.0

207.0

Consumption of fixed capital

20

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before ta>
Profits tax liability
Profits after tax
Dividends .
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

21
22

1,1545 1,178.2 1,1975 1,275.6 1,3075
110.2

113.8

118.9

122.0

126.2

1355.4 1383.7
130.5

135.5

1,044.3 1,064.4 1,078.9 1,153.6 1,181.3 1,224.8 1,2482
120.5
122.4
105.2
107.6
111.5
117.0
116.8

141.5

146.7

151.9

156.1

1,271.3 1,297.3 1,326.3 1,359.4
124.0
126.1
129.1
132.9

162.0

169.5

174.0

180.9

1,350.1 1,383.9 1,460.2 1,525.4 1,554.9 1,614.7 1,601.4
138.6
144.3
150.6
166.6
172.1
170.3
172.5

23
24
25
26
27

939.2
755.5
636.2
119.3
152.4

956.8
779.5
655.6
124.0
144.7

967.4 1,036.7 1,064.4 1,104.3 1,125.9 1,147.3 1,1712 1,197.2 1,226.4 1,211.4 1,239.6 1,309.6 1,358.8 1,384.6 1,442.6 1,428.9
900.6
930.3
953.6
981.2 1,007.4 1,032.8 1,039.8 1,058.4 1,102.9 1,135.9 1,160.8 1,188.6 1,200.5
801.8
841.6
867.7
868.4
883.7
753.7
778.5
797.8
820.4
920.2
842.0
862.9
947.6
671.9
704.9
726.5
967.6
989.8
998.7
171.4
151.8
155.9
165.4
174.7
136.7
141.2
146.9
160.8
170.0
182.8
188.3
130.0
193.2
198.8
201.8
154.4
144.1
114.6
123.4
165.1
150.1
140.1
138.7
143.6
131.5
159.4
159.8
158.3
177.1
155.8
150.0

28
29
30
31
32
33
34
35

164.7
62.4
102.4
31.9
70.5
-10.6
-1.8
31.3

164.6
61.9
102.6
33.9
68.7
-17.7
-2.2
32.6

157.3
55.8
101.4
34.5
67.0
-22.3
-3.5
34.1

188.6
69.4
1192
33.6
85.6
-24.9
-4.3
35.7

189.3
69.5
119.8
37.9
81.9
-24.6
-5.0
36.9

198.6
73.6
125.1
39.5
85.6
-28.4
-5.1
38.6

1972
713
125.9
38.6
87.3
-37.3
-5.6
41.2

198.5
71.1
127.4
38.6
88.8
-41.7
-6.8
43.6

196.7
69.9
126.8
365
90.4
-45.2
-7.4
45.9

189.7
66.1
123.7
38.8
84.9
-42.2
-7.4
49.7

158.7
56.3
102.4
51.9
50.6
-35.0
-9.1
57.0

175.2
63.7
111.5
44.0
67.5
-43.0
-8.8
57.7

2,249.6 2,198.1

22033

201.6
77.3
124.3
38.9
85.4
-54.4
-8.5
54.9

190.7
70.7
120.0
46.6
73.4
-39.7
-7.4
63.0

197.8
72.9
124.8
50.3
74.5
-39.4
0
64.6

178.2
62.8
115.4
52.6
62.8
-259
3.5
67.9

186.9
66.4
120.5
54.7
65.7
-18.9
9.2
76.9

162.7
53.4
109.3
55.5
53.8
-18.6
5.9
78.4

2,267.8 2311.0 2319.9 2,365.1

2,3315

Billions of chained (1992) dollars
Gross domestic product of nonfinancial
corporate business
Consumption ol fixed capital2
Net domestic product3
See footnotes at the end of the table.




36

2,090.9 2,090.1 2,093.9 2,183.9 2200.4 22303

2221.2 2,2165 2,220.6 2,2383

37
38

203.7
206.5
209.3
214.0
217.6
220.5
221.8
195.0
199.8
200.8
192.3
1,898.6 1,8952 1,894.1 1,983.1 1,996.7 2,023.7 2,011.9 2,002.5 2,003.1 2,017.8 2,027.8

224.6
228.4
228.1
228.9
233.7
235.3
245.5
1,973.6 1,975.5 2,039.7 2,082.1 2,086.3 2,129.8 2,086.0

Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Chained Dollars: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Quarters seasonally adjusted at annual rates]
1984

1983

1982
Line
I

II

III

IV

I

II

III

IV

1

II

1985
III

IV

I

II

1986
III

IV

I

II

Billions of dollars

Gross domestic product of corporate business

1

1,916.6 1,943.1 1,956.9 1,957.7 1,991.8 2,070.6 2,127.6 2,1993 2,272.1 2331.4 23675
216.8

221.5

224.7

230.9

228.1

231.9

234.9

258.8

241.7

242.1

245.7

24105
258.0

2,4493 2,482.2 2536.9 25533
253.6

257.5

262.2

266.9

2,617.7 2,611.1
271.3

276.1

Consumption ol fixed capital

2

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary accrual
Supplements to wages and salaries
Coiporate profits with inventory valuation ano
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

3
4

1,699.9 1,721.6 1,732.2 1,726.8 1,763.7 1,838.8 1,892.7 1,941.1 2,030.4 2,089.3 2,122.0 2,152.8 2,196.2 2,224.7 2,274.6 2,286.4 2,346.3 2,335.1
228.4
236.6
2455
246.1
248.7
202.4
207.2
224.6
233.8
260.6
2542
185.9
189.6
193.2
212.5
219.9
182.7
183.6

5
6
7
8
9

1,517,2 1,538.0 1,546.3 1,537.2 1,570.5 1,636.4 1,685.5 1,728.6 1,810.5 1,864.7 1,8935 1,919.0 1,959.6 1,979.2 2,028.5 2,037.7 2,085.8 2,080.9
1,288.8 1,298.3 1,307.7 1,309.5 1,323.8 1,353.5 1,386.7 1,435.3 1,472.9 1,510.9 1,543.2 1,570.1 1,595.8 1,620.2 1,645.3 1,680.4 1,703.6 1,715.4
1,070.3 1,077.2 1,084.3 1,085.3 1,097.1 1,121.7 1,149.7 1,190.3 1222.3 1,254.9 1,282.9 1,306.8 1,330.0 1,351.6 1,3732 1,402.6 1,420.9 1,430.5
282.7
265.8
268.6
272.2
256.0
260.2
263.3
226.7
231.8
237.0
245.0
250.6
277.8
284.9
223.4
224.1
218.5
221.1
264.6
287.9
259.7
278.7
208.9
222.1
213.7
264.6
255.9
254.0
270.1
261.2
157.7
151.8
173.5
255.0
149.4
160.8

10
11
12
13
14
15
16
17

149.6
62.4
87.3
58.4
28.9
-12.0
11.6
78.9

153.3
65.3
88.0
45.5
42.5
-9.4
13.7
82.1

152.8
65.2
87.6
51.2
36.4
-9.8
17.7
77.8

141.5
59.3
82.1
58.6
23.6
-8.6
19.0
75.9

144.7
58.9
85.8
66.1
19.7
.1
28.7
73.2

186.6
79.4
107.2
66.1
41.2
-10.3
32.6
74.0

205.2
88.4
116.7
69.5
47.2
-18.9
35.8
76.7

192.2
82.2
109.9
71.7
38.2
-7.4
29.0
79.5

229.6
103.3
126.4
72.5
53.8
-10.8
36.1
82.6

226.0
101.4
124.7
70.0
54.6
-13.1
51.6
89.2

198.6
87.5
111.1
70.6
40.5
.5
56.7
94.5

191.5
83.9
107.6
69.6
38.0
.8
61.7
94.9

193.5
95.5
98.0
73.2
24.7
5.2
71.5
93.8

189.4
93.0
96.3
84.4
11.9
.4
74.8
94.3

203.2
99.7
103.5
80.0
23.5
9.8
74.9
95.3

200.1
97.8
102.3
85.5
16.8
-13.2
72.8
97.6

177.8
102.5
75.3
87.6
-12.3
36.1
64.8
103.4

182.0
102.7
79.3
96.3
-17.0
18.3
60.8
104.3

Gross domestic product of financial corporate
business.

18

107.8

115.0

124.1

133.7

141.4

148.0

1483

1503

154.1

156.4

156.9

1645

1752

184.4

1892

196.2

209.0

217.7

Gross domestic product of nonfinancial
corporate business.

19

1,808.8 1,828.1 1,832.8 1,824.0 1,850.4 1,922.6 1,9793 2,049.0 2,118.0 2,175.1 2,210.7 2,246.1 2,274.6 23973
210.7

216.4

213.1

216.5

219.0

2422

224.6

224.3

2272

238.8

233.7

236.8

240.7

244.4

247.9

251.6

Consumption of fixed capital

20

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability ...
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

21
22

1,605.0 1,620.1
170.5
170.2

23
24
25
26
27

1,434.8 1,449.6 1,449.8 1,432.1 1,458.2 1,518.5 1368.1 1,609.7 1,689.3 1,742.2 1,771.7 1,791.1 1,822.6 1,835.0 1,881.2 1,885.3 1,922.3 1,910.6
1,209.3 1,215.7 1,221.9 1,221.0 1,232.6 1,260.2 1,291.6 1,337.8 1,373.5 1,409.9 1,439.3 1,464.1 1,487.6 1,508.8 1530.3 1,561.0 1,579.5 1,587.7
1,004.7 1,009.0 1,013.5 1,012.2 1,021.3 1,043.8 1,070.0 1,108.4 1,138.9 1,170.0 1,195.5 1217.4 1238.5 1257.1 1,275.4 1,300.9 13152 1321.6
249.2
251.7
264.4
211.4
216.4
239.9
246.7
254.9
260.1
206.7
208.4
208.8
221.5
229.3
234.6
243.8
266.2
204.7
2362
183.1
245.1
240.8
235.7
245.1
260.5
232.2
245.2
2252
147.7
146.1
131.6
150.3
199.5
193.0
234.4
142.9

28
29
30
31
32
33
34
35

203.8

140.7
47.2
93.5
57.8
35.7
-12.0
14.2
82.6

208.0

2347.7 2357.1 2408.6 23934

140.4
48.8
91.6
46.7
44.9
-9.4
16.6
86.2

1,622.1 1,607.6 1,637.2 1,706.1 1,760.3 1,806.8 1,893.4
187.6
197.1
179.0
1923
204.1
172.3
175.5

135.2
47.8
87.4
51.3
36.1
-fl.8
20.6
81.8

118.4
41.2
77.3
57.3
20.0
-8.6
21.8
79.5

119.5
41.3
78.2
62.6
15.6
.1
30.6
75.3

159.1
61.3
97.9
62.0
35.8
-10.3
34.2
75.3

181.1
70.8
110.3
65.0
45.3
-18.9
37.3
77.1

169.8
64.5
105.4
67.0
38.3
-7.4
30.5
78.9

207.0
82.9
124.1
68.7
55.4
-10.8
38.2
81.4

1,950.7 1,983.6 2,007.4 2,041.0 2,061.0 2,107.0 2,112.7 2,160.7 2,141.8
218.4
226.0
227.4
225.8
238.3
208.6
211.8
216.3
231.3

204.4
80.9
123.5
67.8
55.8
-13.1
53.8
87.1

181.4
68.0
113.4
68.1
45.3
.5
58.9
91.5

171.0
62.8
1082
66.8
41.4
.8
63.9
91.3

166.7
69.5
972
69.1
28.1
5.2
73.2
89.8

159.2
65.8
93.4
76.1
17.3
.4
76.6
89.9

173.9
73.2
100.7
71.1
29.6
9.8
76.8
90.4

1705
712
99.3
723
26.4
-132
74.9
92.1

141.7
712
70.5
72.4
-1.9
36.1
67.4
97.6

143.0
70.6
72.4
76.6
-4.2
18.3
63.8
97.6

Billions ol chained (1992) dollars

Gross domestic product of nonfinancial
corporate business'.
Consumption of fixed capital
Net domestic product3

2

See footnotes at the end of the table.




36

2,306.6 2,311.2 2,297.9 2,279.6 2,304.2 2,376.9 2,434.9 23045 2,571.9 2,6343 2563.7 25953 2,711.2 2,725.1 2,777.9 2,775.2 23385 23193

37
38

261.7
270.6
274.6
243.6
245.0
251.0
242.6
245.5
248.8
274.6
257.4
2572
276.4
278.5
283.9
241.3
281.8
286.4
2,065.3 2,067.6 2.052.8 2,028.6 2,061.5 2,131.4 2,1862 2,229.9 2,314.5 2,376.8 2.402.0 2,418.9 2,440.6 2,450.4 2,499.3 2,493.4 2,554.6 2.532.9

Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Chained Dollars: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Quarters seasonally adjusted at annual rates]
1986

1987

1988

1989

1990

Une
III

IV

1

II

III

IV

1

II

III

IV

1

II

III

IV

1

II

III

IV

Billions of dollars
Gross domestic product of corporate business

1

2.628.7 2.684.0 2,734.9 2,804.4 2369.1
287.7

290.8

293.7

2.928.6 2,9592 3,0253 3,088.2 3.161.7 3,179.2 3,2125 3,247.4 3,2665 33305
299.2

305.7

310.9

321.9

3,4005 33965

3,401.7

Consumption of fixed capital

2

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

3
4

2,347.9 2,398.9 2,447.2 2,513.6 2,575.4 2.629.4 2.653.5 2,714.4 2.772.8 2.839.8 2,852.4 2,882.1 2,906.8 2,921.3 2,986.7 3,052.9 3.044.1 3,044.4
274.9
288.2
258.7
265.3
270.9
278.3
283.9
290.4
299.0
303.4
263.3
307.3
313.5
315.4
320.3
322.3
330.3
336.1

5
6
7
8
9

2,089.2 2,135.7 2,181.9 2.242.6 2,300.4 2,351.1 2.369.6 2,426.2 2,482.4 2.540.8 2,548.9 2,574.8 2.593.3 2,605.9 2,666.4 2,730.6 2,713.7 2,708.4
1,739.6 1.774.1 1,809.9 1.838.2 1.869.6 1.918.7 1.939.0 1.985.8 2,018.1 2,054.0 2.078.1 2.091.2 2,110.0 2,145.0 2.182.4 2220.7 2,243.9 2.241.2
1,450.4 1.479.2 1,509.6 1.533.7 1,560.4 1.602.3 1.619.7 1.659.6 1,6872 1,717.3 1.737.2 1.748.1 1.763.4 1.791.8 1,822.2 1,852.1 1.869.2 1,8642
3193
331.0
289.1
300.3
304.5
309.3
316.4
336.7
294.9
326.1
340.9
353.2
368.6
343.1
346.6
360.2
374.7
377.0
310.9
338.9
242.9
260.7
287.8
311.1
354.7
254.0
306.6
321.0
326.0
306.4
356.9
326.7
332.7
328.8
318.8
316.9

280.9

285.0

315.5

326.9

330.5

340.5

3452

343.9

347.6

352.5

357.3

10
11
12
13
14
15
16
17

185.6
104.4
81.2
91.2
-9.9
-.3
57.6
106.8

206.2
116.4
89.8
94.1
-4.3
-8.4
56.1
107.6

220.4
111.1
109.3
93.5
15.8
-18.7
58.9
111.3

252.1
127.1
125.0
88.3
36.8
-24.4
60.0
116.6

266.8
134.6
132.2
86.4
45.8
-17.2
61.5
119.7

268.6
135.5
133.1
93.9
39.1
-22.4
60.5
125.7

281.4
126.9
154.5
74.9
79.5
-28.9
58.4
119.8

300.8
135.3
165.5
81.5
84.0
-37.4
57.6
119.4

308.9
139.5
169.4
99.0
70.5
-27.4
57.4
125.4

323.2
146.3
176.9
86.9
90.0
-23.6
55.1
132.0

318.0
153.8
1642
112.5
51.7
-46.7
54.6
144.9

295.4
143.7
151.7
110.7
41.0
-20.5
53.9
154.8

272.1
133.0
139.1
114.6
24.6
8.5
46.0
156.7

274.9
134.7
140.2
105.0
352
-11.2
42.7
154.5

291.0
133.0
158.0
130.1
27.9
-1.3
43.1
151.4

308.5
141.2
1673
127.5
39.8
7.7
40.7
153.0

321.5
148.0
173.5
129.5
44.0
-40.0
37.4
151.0

302.8
139.7
163.1
136.6
26.6
-20.3
34.4
150.3

Gross domestic product of financial corporate
business.

18

221.1

2283

234.6

2454

247.7

2512

243.6

2515

2575

2603

2725

2752

2742

280.2

2875

2975

3035

3043

Gross domestic product of nonfinancial
corporate business.

19

2,407.6

2.677.5 2,7155

2,7735

20
21
22

268.3
273.6
277.8
281.2
262.0
264.0
289.9
301.6
292.6
305.3
303.2
306.1
258.1
255.1
259.9
2863
310.2
3142
2,1525 2.197.5 2,240.4 2.297.3 2,357.4 2,409.1 2,441.9 2.495.7 2,549.7 2,614.6 2,616.7 2,644.7 2.671.5 2.680.9 2,739.6 2,796.9 2.782.6 2.783.3
238.7
240.4
249.0
261.6
278.4
263.5
271.3
275.1
285.6
290.5
292.6
304.3
252.1
257.4
245.4
284.0
234.9
299.7

23
24
25
26
27

1,917.6 1,958.9 2,000.0 2,051.9 2,108.4 2.157.0 2.184.5 2,234.1 2,286.2 2,343.3 2,341.7 2.366.3 2.387.5 2,395.3 2,449.1 2,504.3 2,482.9 2,478.9
1.607.8 1,637.7 1,669.9 1.695.1 1.724.7 1.772.4 1.789.1 1.833.9 1.864.9 1,898.8 1.923.4 1.936.2 1.953.6 1,986.8 2,022.0 2.055.8 2.074.7 2.071.4
1.337.9 1.362.6 1,389.8 1.411.2 1,436.3 1.477.1 1.491.6 1,529.9 1,556.4 1,585.0 1.605.5 1.616.4 1,630.6 1,657.7 1.686.5 1.712.9 1,726.6 1,721.2
269.9
275.1
280.1
283.9
288.4
295.3
297.6
304.0
308.5
313.8
317.9
319.9
323.0
329.1
335.5
343.0
348.1
3502
211.0
222.8
231.3
253.9
277.6
271.4
281.8
284.2
297.6
313.6
278.7
2822
284.7
261.3
280.7
299.6
260.6
260.4

Consumption of fixed capital
Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax .
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

28
29
30
31
32
33
34
35

150.2
74.1
76.1
72.4
3.7
-.3
61.2
98.9

2,455.7 2,5003 2,559.4 25214

171.1
66.4
84.7
74.1
10.6
-8.4
60.1
98.3

187.2
79.9
107.3
74.9
32.4
-18.7
62.7
98.8

214.3
93.4
120.9
73.1
47.8
-24.4
64.0
102.9

229.2
100.4
128.8
74.2
54.5
-172
65.6
106.1

228.7
100.0
128.6
81.5
47.1
-22.4
65.1
1132

246.9
96.2
150.7
68.8
81.9
-28.9
63.7
113.6

258.3
100.8
157.5
75.6
81.9
-37.4
63.3
116.0

2,8305 2.900.9 2506.7

261.6
101.9
159.6
90.4
69.2
-27.4
63.5
123.7

275.4
108.0
167.4
82.9
84.6
-23.6
61.7
130.9

264.0
111.5
152.5
103.0
49.6
-46.7
61.4
139.5

2,937.4 2,973.1

241.5
100.8
140.7
103.1
37.6
-20.5
61.2
147.9

222.0
91.9
1302
106.5
23.7
8.5
54.2
149.1

2,9863 3,0425 3,103.0 3,092.7 3,097.4

220.6
90.8
129.8
101.3
28.4
-11.2
52.0
147.2

227.9
90.5
137.3
119.5
17.8
-1.3
54.2
146.5

239.0
96.4
142.7
116.5
26.2
7.7
52.9
148.9

250.1
101.1
148.9
118.1
30.8
-40.0
50.6
147.6

232.3
94.7
137.7
1195
182
-20.3
48.3
147.1

2,949.6 3,001.4 3,0455 3,0765 3,113.8 3,1375 3,1933 3,1732 3,170.7 3,1883 3,187.1 32072

32403

Billions of chained (1992) dollars
Gross domestic product of nonfinancial
corporate business 1 .
Consumption of fixed capital
Net domestic product3

2

See footnotes at the end of the table.




36

2,819.4 23643

32055

3,1875

37
38

288.7
290.9
293.0
294.9
296.8
298.7
300.5
3022
304.0
305.7
307.4
309.1
316.5
318.7
314.0
315.6
3172
2,530.7 2,573.4 2,6062 2,654.6 2,704.6 2,746.6 2,775.9 2,811.5 2,833.1 2,887.7 2,865.8 2,861.6 2,871.8 2,868.4 2,893.2 2,924.7 25883

318.8
2,868.8

2399.1

Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Chained Dollars: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Quarters seasonally adjusted at annual rates]

1

II

1993

1992

1991
Line
III

W

1

II

III

IV

1

1994

II

III

IV

1

II

III

IV

Billions of dollars

Gross domestic product of corporate business
Consumption of fixed capital
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income

1

3,425.9

3,447.7

3,479.7

3,498.4

3,568,6

3,597.8

3,592.6

3,705.7

3,720.3

3,789.1

3,837.2

3,936.5

3,993.2

4,0683

4,138.5

2

362.1

363.4

365.2

367.1

368.6

370.7

389.9

376.3

383.0

385.0

393.0

392.6

425.3

402.8

408.2

413.1

3
4

3,063.7
342.2

3,084.3
348.8

3,114.5
357.1

3,131.3
364.0

3,200.1
367.1

3,227.0
368.3

3,202.7
374.5

3,329.4
385.5

3,337.3
386.3

3,404.1
392.4

3,444.2
398.7

3,543.9
412.1

3,568.0
420.6

3,665.5
426.4

3,730.3
432.6

3,817.1
437.4

5

2,721.5
2,230.0
1,851.2
378.8
345.7

2,735.5
2,251.6
1,866.3
385.3
342.6

2,757.4
2,276.2
1,883.8
392.4
345.3

2,767.2
2,300.7
1,901.8
398.9
336.9

2,832.9
2,339.8
1,932.9
406.9
374.5

2,858.7
2,371.9
1,957.1
414.8
370.5

2,828.2
2,403.5
1,980.9
422.6
312.2

2,943.9
2,435.7
2,005,2
430.5
395.3

2,951.0
2,456.5
2,015.3
441.2
379.6

3,011.7
2,488.9
2,040.4
448.5
408.3

3,045.5
2,514.5
2,060.0
454.5
415.7

3,131.8
2,543.1
2,081.7
461.4
472.3

3,147.4
2,586.9
2,119.0
469.9
440.0

3,239.1
2,625.1
2,148.9
476.2
489.7

3297.7
2,652.5
2,173.7
478.7
515.9

3,379.7
2,701.4
2,217.6
483.9
542.6

fi

4,230.2

Wage arid salary accruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

7
8
9
10
11
1?
13
14
15
16
17

295.6
130.1
165.5
136.3
29.2
17.6
32.6
145.8

302.5
132.3
170.2
142.9
27.3
6.8
33.3
141.3

312.8
136.0
176.7
142.8
33.9
-.8
33.4
135.9

311.3
135.2
176.1
144.2
31.8
-7.6
33.3
129.7

341.4
143.9
197.5
134.6
62.9
.3
32.7
118.6

359.4
150.9
208.5
140.9
67.6
-21.9
32.9
116.3

304.1
127.6
176.6
145.6
31.0
-8.6
16.7
112.4

361.0
149.7
211.4
163.0
48.3
.2
34.1
112.9

352.2
149.2
203.0
170.9
32.1
-12.5
40.0
114.9

391.6
165.4
226.2
171.4
54.8
-17.1
33.8
114.6

382.5
161.2
221.3
174.6
46.7
.2
33.0
115.3

439.9
184.9
255.0
182.9
72.2
-4.8
37.1
116.5

403.2
163.0
240.2
175.4
64.8
-4.3
41.2
118.5

453.0
182.8
270.2
184.8
85.4
-15.1
51.8
124.3

482.0
194.6
287.3
181.8
105.5
-21.2
55.1
129.4

508.8
2062
302.7
195.6
107.1
-23.6
57.4
135.6

Gross domestic product of financial corporate
business.

18

318.2

328.5

337.7

338.9

366.4

361.7

322.1

363.9

368.6

3883

392.9

411.3

3683

399.4

4093

413.8

Gross domestic product of nonfinancial

19

3,107.7

3,119.1

3,142.0

3,159.5

3,202.2

3,236.1

3,2705

3,341.7

33513

3,4003

3,4445

3525.2

3,6245

3,666.9

3,729.1

3,816.4

Consumption of fixed capital

20

318.3

319.3

320.8

322.3

323.3

325.1

343.8

329.7

335.8

337.3

344.5

343.4

375.1

351.6

355.9

360.0

Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Wage and salary aocruals
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest

?1
22

2,789.3
309.2

2,799.9
314.2

2,821.2
321.2

2,837.2
327.3

2,878.9
330.4

2,911.0
331.8

2,926.7
337.8

3,012.0
348.0

3,015.9
348.2

3,063.0
353.8

3,099.8
359.7

3,181.9
372.3

3,249.3
380.4

3,317.3
386.1

3,373.2
392.3

3,456.4
397.1

23
?4
?5
27

2,480.2
2,060.0
1,708.3
351.7
277.5

2,485.7
2,078.8
1,721.3
357.5
269.3

2,500.0
2,101.2
1,737.2
364.0
267.6

2,509.9
2,122.2
1,752.6
369.6
264.3

2,548.4
2,152.8
1,776.9
375.8
285.5

2,579.2
2,183.2
1,800.0
383.2
290.0

2,588.9
2,209.3
1,819.3
389.9
278.9

2,664.0
2,236.1
1,839.3
396.8
328.2

2,667.7
2253.5
1,846.1
407.3
316.0

2,709.2
2,279.9
1,865.9
413.9
334.4

2,740.1
2,301.5
1,882.0
419.4
345.5

2,809.6
2,327.8
1,901.9
426.0
389.9

2,868.9
2,372.5
1,938.6
433.9
405.4

2,931.1
2,409.8
1,969.6
440.2
427.0

2,980.9
2,439.2
1,996.1
443.1
444.1

3,059.2
2,485.2
2,037.4
447.8
472.0

?8
?9
30
31
32
33
34
35

213.3
83.1
130.3
120.7
9.5
17.6
46.5
142.7

215.0
84.0
131.0
125.4
5.6
6.8
47.5
137.6

220.6
86.8
133.8
124.9
8.9
-.8
47.9
131.1

223.7
87.5
136.2
127.5
8.7
-7.6
48.3
123.3

236.3
82.4
153.9
124.0
29.9
3
48.9
110.2

262.6
93.6
169.0
129.7
39.3
-21.9
49.3
106.0

254.4
89.9
164.5
134.3
30.2
-6.6
33.0
100.8

277.9
98.4
179.5
146.3
33.2
2
50.1
99.7

275.6
92.5
183.1
143.5
39.6
-12.5
52.9
98.2

306.9
104.7
202.2
144.2
58.0
-17.1
44.5
95.0

303.1
102.9
2002
147.6
52.5
.2
42.2
93.1

349.0
120.0
228.9
155.6
73.4
-4.8
45.7
91.9

359.1
119.5
239.6
150.4
89.2
-4.3
50.6
91.1

380.7
124.6
256.1
158.7
97.4
-15.1
61.4
94.3

400.7
130.1
270.6
158.5
112.1
-21.2
64.6
97.6

428.9
141.1
287.8
166.8
121.0
-23.6
66.7
102.1

?fi

Billions of chained (1992) dollars

Gross domestic product of nonfinancial
corporate business
Consumption of fixed capital2
Net domestic product3

36

3,163.8

3,158.6

3,169.5

3,183.5

32175

3,238.4

3,2675

3328.2

3,310.2

33525

3387.2

3,447.7

3526.1

3,559.8

3594.6

3,664.9

37
38

320.5
2,843.2

321.9
2,838.7

323.1
2,846.3

324.2
2,859.3

325.0
2,891.9

326.1
2,912.3

342.3
2,924.7

328.6
2,999.6

332.7
2,977.5

331.9
3,020.6

339.8
3,047.3

336.1
3,111.6

366.0
3,160.0

341.3
3,218.5

344.3
3,250.3

347.6
3,317.3

1. Chained-dollar gross domestic product of nonfinancial corporate business equals the current-dollar product dedated by the implicit price deflator tor goods and structures in gross domestic product.
2. Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product of




the chain-type quantity index and the 1992 current-dollar value of the corresponding series, divided by 100.
3. Chained-dollar net domestic product of nonfinancial coiporate business is the difference between the gross
product and the consumption of fixed capital.

2. Personal Income and Outlays
Table 2.1.—Personal Income and Its Disposition: Annual, 1929-94, and Quarterly, 1946-94
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1945

1

852

763

65.4

49.9

463

53.7

604

683

74.1

68.4

723

783

963

1233

1513

165.7

1713

Wage and salary disbursements
Private industries .
Goods-producing industries
Manufacturing
Distributive industries
Service industries
Government

2
3
4
5
6
7
8

505
45.5
21.5
16.1
15.6
8.4
5.0

46.2
41.0
18.5
13.9
145
8.0
5.2

392
33.9
14.3
10.8
12.5
7.1
5.3

305
25.5
9.9
7.7
9.8
5.8
5.0

293
23.9
9.8
7.8
8.8
5.2
52

33.7
27.6
12.1
9.6
9.9
5.7
6.1

36.7
30.2
13.5
10.8
10.7
5.9
6.5

423
34.1
15.8
12.4
11.8
6.5
7.9

46.1
38.6
18.4
14.6
13.2
7.1
75

43.0
34.8
15.3
11.8
12.6
6.8
8.3

46.0
37.7
17.4
13.6
13.3
7.1
8.2

49.9
41.4
19.7
15.6
14.2
7.5
8.5

62.1
51.9
27.5
21.7
16.3
8.1
102

82.1
66.1
39.1
30.9
18.0
9.0
16.0

1055
79.0
49.0
40.9
20.1
9.9
26.6

116.9
84.0
50.4
42.9
22.7
10.9
33.0

1175
82.6
45.9
38.2
24.8
11.9
34.9

Other labor Income

9

3

5

5

4

.4

A

.4

5

5

5

3

3

.7

3

1.1

15

13

Proprietors' Income with inventory valuation snd
capital consumption adjustments.
Farm
Nonfarm

10

14.9

11.7

9.0

56

53

7.6

10.7

113

13.1

112

11.7

125

173

24.1

29.1

303

31.7

11
12

6.2
8.7

4.4
7.3

3.5
5.6

2.1
3.5

2.6
3.2

2.9
4.6

5.3
5.4

4.3
6.6

6.1
7.1

4.4
6.8

4.4
7.3

45
8.4

6.4
10.9

10.1
14.0

12.0
17.0

12.0
183

12.4
19.3

13

56

4.9

4.0

32

25

2.1

22

23

23

3.1

33

34

43

53

53

53

6.1
4.7

Personal income

Rental income of persons with capital
consumption adjustment
Personal dividend Income

14

5.8

5.5

4.1

25

2.0

2.6

2.8

45

4.7

32

33

43

44

43

45

43

Personal Interest income

15

6.8

63

6.3

55

5.4

55

5.4

52

5.4

52

52

5.2

53

5.1

5.1

5.1

53

Transfer payments to persons

16
17

12

14

25

15

1.9

23

22

3.4

23
0

2.7
0

23
0

3.0

3.0
.1

33
.1

23
2

35
.2

6.1
.3

0
.6
.3
1.4

.4
.5
.3
1.5

.4
.5
.3
1.6

.5
.5
.3
1.6

.4
.5
3
1.7

.4
.5
.3
1.7

.1
.5
.4
1.7

.1
1.0
.4
1.9

.4
3.0
.5
1.9

benefits.
Veterans benefits
Government employees retirement benefits
Other transfer payments

Less: Personal contributions for social Insurance
Less: Personal tax and nontax payments

18
19
20
21
22
23

.6
.1
.6

.6
.1
.6

1.6
.2
.8

.8
2
1.0

.6
.2
1.1

.4
2
1.3

5
.2
1.5

1.9
.3
1.2

0

24

.1

.1

2

.2

.2

.2

2

.2

.6

3

3

.7

3

12

13

2.2

23

25

2.3

2.1

15

1.1

12

13

13

2.0

2.7

23

2.2

23

3.0

5.7

173

183

203

Equals: Disposable personal Income

26

825

742

63.9

48.8

455

52.4

58.7

66.7

715

653

703

76.0

92.9

117.7

1343

147.0

1503

Less: Personal outlays

27

79.4

714

61.6

495

463

52.1

563

623

67.7

65.1

683

722

82.1

89.7

100.4

1093

1203

28
29
30

77.5
1.5
.3

70.2
.9
.3

60.7
.7
.3

48.7
5
.2

45.9
.5
.2

51.4
.5
2

55.9
.5
.2

62.2
.6
2

66.8
.7
2

64.2
.7
.2

672
.7
2

71.2
.8

81.0
.9
.2

88.9
.7
.1

99.7
5
2

108.5
.5
.4

119.9
.5
5

Equals: Personal saving

31

35

2.8

22

-.7

-13

3

22

3.7

33

.7

23

33

103

283

333

37.7

303

Addenda:
Disposable personal income:
Total, billions of chained (1992) dollars2
Per capita:
Current dollars
Chained (1992) dollars
Population (mid-pariod, millions)

32

635.3

594.2

573.5

496.7

481.6

528.6

578.9

650.9

673.5

634.4

687.9

734.3

845.6

952.8

995.8

1,031.3

1,016.8

33
34
35

680
5,213
121.9

602
4,824
123.2

515
4,619
124.1

390
3,975
124.9

363
3,831
125.7

414
4,179
1265

461
4,546
127.4

520
5,078
128.2

554
5,223
129.0

506
4,881
130.0

539
5,250
131.0

575
5,558
132.1

697
6,339
133.4

872
7,065
134.9

982
7,282
136.7

1,062
7,452
138.4

1,077
7,267
139.9

36

43

33

35

-1.4

-2.1

3

3.7

53

53

1.1

3.7

53

11.7

233

252

25.7

195

Personal consumption expenditures
Interest paid by persons
Personal transfer payments to the rest of the world
(net)

Personal saving as a percentage of disposable
personal income.
See footnotes and note at the end of the table.




2

Table 2.1.—Personal Income and Its Disposition: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
Une

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

1

179.0

191.8

210.7

2074

229.7

m e

2763

292.9

295.7

317.3

3405

3594

3703

3944

4125

4303

4574

Wage and salary disbursements
private industries
Goods-producing industries
Manufacturing
Distributive industries
Service industries
Government

2
3
4
5
6
7
8

112.0
91.3
46.0
36.5
31.0
14.3
20.7

123.1
105.6
54.2
42.5
35.2
16.1
17.5

1355
116.5
61.1
47.1
37.5
17.9
19.0

1344
114.0
57.8
44.6
37.7
18.5
20.8

1472
124.6
64.8
50.3
39.9
19.9
22.6

1715
142.3
76.4
59.4
44.4
21.6
29.2

185.6
1523
82.1
64.2
47.0
23.2
33.3

1994
164.7
89.8
71.3
49.9
25.0
34.4

197.2
162.4
85.8
67.6
50.3
26 2
34.9

212.1
175.6
93.3
73.9
53.6
28.7
36.6

2294
190.2
100.8
79.5
58.0
31.5
38.8

239.9
198.9
104.4
82.5
60.7
33.8
41.0

2413
1973
100.3
78.7
61.1
35.9
44.1

2593
213.8
109.9
86.9
65.1
38.8
46.0

2725
223.7
113.4
89.8
68.6
41.7
49.2

2804
228.0
114.0
89.9
69.6
44.4
52.4

2993
243.0
122.2
96.8
73.3
47.6
56.3

Other labor Income

9

2.0

2.4

2.7

2.9

3.7

45

5.2

5.9

6.1

74

84

94

94

105

11.2

114

13.0

Proprietors' Income with Inventory valuation and
capital consumption adjustments

10

36.6

35.7

40.5

354

38.7

445

444

434

435

45.6

47.1

49.1

515

51.9

51.9

544

564

11
12

14.9
21.7

15.1
20.5

17.5
23.0

12.7
23.1

13.5
25.1

16.0
27.9

15.1
29.3

13.0
30.4

12.5
31.1

11.5
34.1

11.3
353

11.3
37.8

13.1
38.4

10.9
40.9

11.5
40.5

12.1
42.3

12.1
44.4

13

7.0

73

8.1

85

9.6

105

11.7

134

14.1

144

152

16.0

18.9

17.7

184

192

204

Rental Income ol persons with capital
consumption adjustment.

14

Old-age, survivors, disability, and health insurance
benefits.
Government unemployment insurance benefits
Government employees retirement benefits

5.6

63

74

72

84

85

84

84

93

105

11.4

114

11.6

12.7

134

144

15.0

15

6.6

74

8.1

8.8

9.7

105

11.2

12.7

135

154

174

195

204

22.7

254

265

293

16
17

11.2
.4

114
.5

11.1
.6

12.1
.7

144
1.0

123
1.9

134
2.2

14.0
3.0

16.0
3.6

173
4.9

185
5.7

214
7.3

254
8.5

27.0
10.2

284
11.1

324
12.6

34.1
14.3

18
19
20
21
22
23

1.1
7.0
.7
2.0

.8
7.0
.7
2.6
.3
2.3

.9
5.9
.7
3.0
.4
2.6

1.9
5.3
.9
3.5
.5
3.0

1.5
7.7
1.0
3.8
.6
3.3

.9
4.6
1.1
3.9
.6
3.3

1.1
4.3
1.2
4.2
.5
3.7

1.0
4.1
1.4
4.4
.5
3.9

2.2
42
1.5
4.5
.6
3.9

1.5
4.4
1.7
4.8
.6
4.2

1.5
4.4
1.9
5.0
.6
4.4

1.9
4.5
2.2
5.5
.7
4.7

4.1
4.7
2.5
6.0
.8
5.2

2.8
4.6
2.8
6.7
.9
5.7

3.0
4.6
3.1
7.0
1.0
6.1

4.3
5.0
3.4
7.6
1.1
6.5

3.1
4.7
3.7
8.3
1.3
7.0

24

25

2.1

23

22

23

3.4

35

44

44

52

54

6.7

64

7.9

93

9.7

103

25

l e s s : Personal contributions tor social Insurance

18.4

21.1

204

16.0

20.1

28.4

335

34 3

315

345

38.7

414

405

444

48.7

503

54.8

26

190.1

1895

2095

2302

2425

258.0

2634

282.7

3014

3183

3294

349.9

3634

379.7

4022

164.1

1775

181.1

1954

2115

2224

2374

245.0

2644

2775

2924

3023

324.7

3394

3505

371.8

28
29
30

144.3
.7
.7

162.3
1.1
.7

175.4
1.4
.7

178.9
1.8
.5

192.7
2.3
.4

208.7
2.5
.4

219.7
2.9
.4

233.5
3.6
.5

240.7
3.8
.5

259.1
4.4
.4

271.9
5.1
.5

286.7
5.5
.5

296.3
5.6
.4

318.1
6.1
.4

332.2
7.0
.5

342.6
7.3
.5

363.4
7.8
.5

15.0

6.7

12.6

8.7

14.1

185

19.6

205

185

16.7

24.3

25.7

27.1

252

24.2

292

304

32

1,011.0

974.1

1,025.6

1,031.6

1,124.7

1,157.3

1,194.8

1,254.3

1,270.2

1,355.6

1,418.5

1,452.6

1,466.4

1,533.9

1,569.2

1,619.4

1,697.5

33
34
35

Addenda:
Disposable personal income:

170.7

145.7

31

Personal transfer payments to the rest of the world
(net).

160.7

27

1,136
7,150
141.4

1,185
6,759
144.1

1,297
6,994
146.6

1,272
6,915
149.2

1,382
7,415
151.7

1,492
7,501
154.3

1,545
7,613
157.0

1,617
7,861
159.6

1,625
7,822
162.4

1,710
8,202
165.3

1,794
8,432
168.2

1,859
8,481
171.3

1,892
8,421
174.1

1,975
8,660
177.1

2,013
8,681
180.8

2,066
8,814
183.7

2,156
9,098
186.6

36

9.3

35

6.6

4.6

6.7

8.1

8.1

73

7.1

6.6

84

8.1

83

72

6.6

7.7

75

Per capita:

Personal saving as a percentage of disposable
personal Income.
See footnotes and note at the end of the table.




Table 2.1.—Personal Income and Its Disposition: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1973

1974

1975

1976

1977

1978

1979

1

480.0

5145

556.7

605.7

650.7

7145

779.3

837.1

900.2

9885

1,107.5

1,215.9

1,319.0

1,459.4

1,616.1

1,825.9

2,055.8

Wage and salary disbursements
Private industries ..
Goods-producing industries
Manufacturing
Distributive industries
Service industries
Government

2
3
4
5
6
7
8

314.8
254.8
127.4
100.7
76.8
50.7
60.0

337.7
272.9
136.0
107.3
82.0
54.9
64.9

363.7
293.8
146.6
115.7
87.9
59.4
69.9

4003
321.9
161.6
128.2
95.1
65.3
78.3

428.9
342.5
169.0
134.3
101.6
72.0
86.4

471.9
375.3
184.1
146.0
110.8
80.4
96.6

5183
412.7
200.4
157.7
121.7
90.6
105.5

551.5
434.3
203.7
158.4
1312
99.4
117.1

583.9
457.4
209.1
160.5
140.4
107.9
126.5

638.7
501.2
228.2
175.6
153.3
119.7
137.4

708.7
560.0
255.9
196.6
170.3
133.9
148.7

772.6
611.8
276.5
211.8
186.8
148.6
160.9

814.6
638.6
277.1
211.6
198.1
163.4
176.0

899.5
710.8
309.7
238.0
219.5
181.6
188.6

993.9
791.6
346.1
266.7
242.7
202.8
202.3

1,120.8
9012
392.6
300.1
274.9
233.7
219.6

1,255.9
1,018.8
442.5
335.3
308.5
267.8
237.1

Other labor Income .

9

145

15.7

176

19.9

21.7

25.2

285

32.5

36.7

43.0

49.2

56.5

65.9

79.7

94.7

110.1

1243

Proprietors' Income with Inventory valuation and
capital consumption adjustments.
Farm
Nonfarm

10

57.8

606

65.1

69.4

71.0

75.3

79.1

80.2

865

983

116.8

115.7

121.8

1336

147.4

1695

1853

11
12

11.9
45.8

10.8
49.8

13.0
52.1

14.1
55.3

12.7
582

12.8
62.5

14.6
64.6

14.8
65.4

15.4
71.1

19.5
78.8

32.6
84.2

25.8
89.8

24.1
97.7

18.6
115.0

17.5
129.9

22.2
147.4

25.3
159.7

13

20.7

21.0

215

22.5

235

22.7

23.4

23.6

24.6

243

255

25.7

24.7

243

223

243

26.9

Line
Personal Income

Rental Income of persons with capital
consumption adjustment.

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

Personal dividend Income

14

16.1

184

20.2

20.9

22.1

245

25.1

235

235

255

27.7

29.6

292

35.0

395

44.3

505

Personal Interest Income

15

32.4

36.1

403

44.9

49.5

546

60.8

692

75.7

816

94.1

1124

123.0

134.6

155.7

1845

223.6

Transfer psyments to persons
Old-age, survivors, disability, and health insurance
benefits.
Government unemployment insurance benefits . ...
Veterans benefits
Government employees retirement benefits . ...
Other transfer payments
Family assistance1
Other

16
17

362
15.2

37.9
16.0

41.1
18.1

45.7
20.8

54.6
25.5

632
30.2

703
32.9

84.6
38.5

100.1
44.5

1116
49.6

127.9
60.4

1513
70.1

190.2
81.4

2083
92.9

2233
104.9

2415
116.2

270.7
131.8

18
19
20
21
22
23

3.0
4.8
4.2
8.9
1.4
7.6

2.7
4.7
4.7
9.7
1.5
8.2

2.3
4.9
5.2
10.6
1.7
9.0

1.9
4.9
6.1
12.1
1.9
10.3

2.2
5.6
6.9
14.4
2.3
12.2

2.1
5.9
7.6
17.3
2.8
14.5

2.2
6.7
8.7
19.7
3.5
16.2

4.0
7.7
10.2
24.3
4.8
19.4

5.8
8.8
11.8
29.2
6.2
23.0

5.7
9.7
13.8
33.0
6.9
26.1

4.4
10.4
16.0
36.7
7.2
29.5

6.8
11.8
19.0
43.6
7.9
35.7

17.6
14.5
22.7
53.9
9.2
44.7

15.8
14.4
26.1
59.1
10.1
49.1

12.7
13.8
29.0
62.9
10.6
52.4

9.7
13.9
32.7
69.1
10.7
58.4

9.8
14.4
36.9
77.8
11.0
66.8

Less: Personal contributions for social Insurance
Less: Personal tax and nontax payments

24

11.8

125

133

17.8

206

22.9

26.2

275

30.7

345

42.6

47.9

504

55.5

61.2

69.8

81.0

25

58.0

56.0

615

71.0

77.9

92.1

109.9

109.0

108.7

132.0

140.6

159.1

156.4

1823

2103

240.1

280.2

Equals: Disposable personal income

26

4225

4585

4943

534.7

572.9

6225

669.4

728.1

791.5

856.8

967.0

1,056.8

1,162.6

1277.1

1,406.1

1,5853

1,775.7

Less: Personal outlays

27

3925

422.1

456.2

494.7

523.0

5745

621.4

666.1

721.6

791.6

875.4

956.6

13546

1,176.7

1308.9

1,467.6

1,6395

28
29
30

383.0
8.9
.6

411.4
10.0
.7

444.3
11.1
.8

481.9
12.0
.8

509.5
125
1.0

559.8
13.8
1.0

604.7
15.7
1.1

646.1
16.8
1.2

702.5
17.8
1.3

770.7
19.6
1.3

851.6
22.4
1.4

9312
24 2
12

1,029.1
24.5
1.2

1,148.8
26.7
1.2

1,277.1
30.7
1.2

1,428.8
37.5
1.3

1,593.5
44.5
1.4

Equals: Personal saving

31

29.5

36.4

38.7

40.1

49.9

476

47.9

62.0

693

65.2

91.5

1002

1076

1004

97.2

1182

1362

Addenda:
Disposable personal income:
Total, billions of chained (1992) dollars2
Per capita:
Current dollars
Chained (1992) dollars
Population (mid-period, millions)

32

1,759.3

1,885.8

2,003.9

2,110.6

2,202.3

2,302.1

2,377.2

2,469.0

2,568.3

2,685.7

2,875.2

2,854.2

2,903.6

3,017.6

3,115.4

3,276.0

3,365.5

33
34
35

2,229
9,294
189.3

2,389
9,825
191.9

2,546
10,311
194.3

2,720
10,735
196.6

2,882
11,081
198.8

3,101
11,468
200.7

3,302
11,726
202.7

3,550
12,039
205.1

3,811
12,366
207.7

4,082
12,794
209.9

4,562
13,566
211.9

4,941
13,344
213.9

5,383
13,444
216.0

5,856
13,837
218.1

6,383
14,142
220.3

7,123
14,715
222.6

7,888
14,951
225.1

36

73

7.9

7.8

75

8.7

7.7

7.2

85

86

7.6

95

95

93

73

63

75

7.7

Personal consumption expenditures
Interest paid t>v persons
Personal transfer payments to the rest of the world
(net).

Personal saving as a percentage of disposable
personal income.
See footnotes and note at the end ot the table.




Table 2.1.—Personal Income and Its Disposition: Annual, 1929-94, and Quarterly, 194&-94-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1

2,293.0

2,568.5

2,7272

2,9005

3,2153

3,4495

3,658.4

3,888.7

4,184.6

4501.0

4,804.2

4,981.6

5,277.2

5,519.2

5,7915

Wage and salary disbursements
Private industries
Goods-producing industries
Manufacturing
Distributive industries
Service industries
Government,, .

2
3
4
5
6
7
8

1,377.7
1,116.4
472.5
356.4
336.7
3072
261.3

1^175
1,232.0
514.9
388.0
368.5
348.6
285.6

1593.9
1,286.7
515.1
386.2
385.9
385.7
307.3

1,6853
1,360.3
528.2
401.2
405.7
426.4
325.0

1,855.1
1,507.5
586.6
445.9
445.2
475.6
347.6

1,9955
1,622.1
620.7
468.9
476.5
525.0
373.8

2,116.5
1,720.0
637.3
481.2
501.6
581.0
396.6

2,272.7
1,849.5
660.4
4972
535.4
653.7
423.1

2,453.6
2,003.2
707.0
530.1
575.3
720.9
450.4

2598.1
2,118.7
732.4
548.1
606.8
779.5
479.4

2,757.5
2,240.3
754.2
561.2
634.1
852.1
517.2

2,827.6
2281.5
746.3
562.5
646.6
888.6
546.1

2,986.4
2,418.6
765.7
583.5
680.3
972.6
567.8

3,089.6
2,505.3
781.2
592.9
699.4
1,024.7
584.3

3,240.7
2,638.5
824.4
620.8
741.4
1,072.7
602.2

Other labor Income

9

139.8

153.0

165.4

1772

188.9

203.1

216.0

235.4

251.7

273.1

3005

322.7

3513

385.1

405.0

Proprietors' income with inventory valuation and
capital consumption adjustments.
Farm
Nonfarm

10

176.6

187.6

179.6

191.9

248.7

2685

2795

305.1

3353

357.4

3745

3765

423.8

4505

471.6

11
12

12.2
164.4

21.9
165.7

14.5
165.1

4.1
187.8

23.2
225.5

23.6
245.0

24.2
255.3

31.5
273.6

27.5
307.8

36.3
321.1

35.4
338.6

29.3
347.2

37.1
386.7

32.4
418.4

36.9
434.7

13

33.9

445

465

46.1

50.1

48.1

415

44.8

55.1

51.7

615

67.9

79.4

105.7

124.4

Personal Income

Rental income of persons with capital
consumption adjustment.
Personal dividend income

14

57.5

67.2

66.9

77.4

79 A

883

105.1

101.1

109.9

1305

142.9

1535

159.4

1853

204.8

Personal Interest Income

15

274.7

337.2

3792

4032

4723

508.4

5433

5605

5955

6745

704.4

699.2

667.2

651.0

668.1

Transfer payments to persons
Old-age, survivors, disability, and health insurance
benefits.
Government unemployment insurance benefits
Veterans benefits
Government employees retirement benefits
Other transfer payments
Family assistance1
Other

16
17

321.5
154.2

365.9
182.0

408.1
204.5

439.4
221.7

453.6
235.7

486.5
253.4

5185
269.2

5433
282.9

577.6
300.4

626.0
325.1

687.8
352.0

769.9
382.3

858.2
414.0

912.0
444.4

954.7
473.0

18
19
20
21
22
23

16.1
15.0
43.0
93.2
12.4
80.8

15.9
16.1
49.4
102.7
13.0
89.7

25 2
16.4
54.6
107.4
13.3
94.1

26.3
16.6
58.0
116.9
14.2
102.6

15.9
16.4
60.9
124.7
14.8
109.9

15.7
16.7
66.6
134.2
15.4
118.7

16.3
16.7
70.7
145.7
16.4
129.3

14.5
16.6
76.0
153.3
16.7
136.6

13.3
16.9
82.2
164.8
17.3
147.6

14.4
17.3
87.6
181.6
18.0
163.6

18.1
17.8
945
205.3
19.8
185.6

26.8
18.3
1022
240.2
22.0
218.2

38.9
19.3
109.0
277.1
23.3
253.8

34.0
20.2
116.6
296.8
24.0
272.8

23.6
20.2
124.5
313.5
24.3
289.3

24

88.6

1045

1123

119.7

132.7

149.0

162.1

173.7

194.2

2105

223.9

235.8

248.4

2603

277.5

25

312.4

3602

371.4

3693

3955

437.7

459.9

514.2

532.0

594.9

624.8

6245

650.5

690.0

739.1

Equals: Disposable personal income

26

1,980.5

2,2083

23553

25315

2,8195

3,012.1

3,198.5

3,3745

3,652.6

3,906.1

4,179.4

4356.8

4,626.7

4,829.2

5,052.7

Less: Personal outlays

27

1,811.5

2,001.1

2,141.8

2355.5

2574.4

2,7955

2,991.1

3,194.7

3,451.7

3,706.7

3,958.1

4,097.4

4341.0

4,580.7

4,842.1

28
29
30

1,760.4
49.4
1.6

1,941.3
54.6
5.2

2,076.8
58.8
62

2,283.4
65.5
6.5

2,492.3
74.7
7.4

2,704.8
83.2
7.8

2,892.7
90.3
8.1

3,094.5
91.5
8.7

3,349.7
92.9
9.1

3,594.8
102.4
9.6

3,839.3
108.9
9.9

3,975.1
111.9
10.4

4,219.8
111.7
9.6

4,4592
108.2
13.3

4,717.0
110.9
14.2

31

169.1

207.2

214.0

176.1

2455

2164

207.4

179.9

200.9

199.4

221.3

2595

285.6

248.5

210.6

32

3,385.7

3,464.9

3,495.6

3,592.8

3,855.4

3,972.0

4,101.0

4,1682

4,332.1

4,416.8

4,498.2

4,500.0

4,626.7

4,703.9

4,805.1

33
34
35

8,697
14,867
227.7

9,601
15,064
230.0

10,145
15,053
2322

10,803
15,332
234.3

11,929
16,309
236.4

12,629
16,654
238.5

13,289
17,039
240.7

13,896
17,164
242.8

14,905
17,678
245.1

15,790
17,854
247.4

16,721
17,996
250.0

17,242
17,809
252.7

18,113
18,113
255.4

18,706
18,221
258.2

19,381
18,431
260.7

36

8.5

9.4

9.1

7.0

8.7

72

65

5.3

55

5.1

5.3

65

6.2

5.1

4.2

Less: Personal contributions tor social insurance
Less: Personal tax and nontax payments

Personal consumption expenditures
Interest paid by persons
Personal transfer payments to the rest of the world
(net).
Equals: Personal saving
Addenda:
Disposable personal income:
Total, billions of chained (1992) dollars2
Per capita:
Current dollars
Chained (1992) dollars
Population (mid-period, millions)
Personal saving as a percentage ol disposable
personal Income.
See footnotes and note at the end of the table.




Table 2.1 .—Personal Income and Its Disposition: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1947

1946

1946

1949

1950

Line
I
Personal income
Wage and salary disbursements
Private industries
Goods-producing industries
Manufacturing
Government

III

II

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

II

I

1

171.4

176.6

1825

1855

186.2

1865

1945

198.0

2035

209.3

214.9

214.8

209.0

207.6

206.8

208.0

2222

2234

?
3
4
5
a
7
8

106.9
82.0
40.3
31.6
28.2
13.5
24.9

110.5
90.1
45.0
35.9
31.1
14.0
20.4

1135
94.6
48.1
38.3
31.9
14.6
18.9

117.2
98.6
50.7
40.2
32.8
15.2
18.6

119.7
101.7
52.3
41.2
33.8
15.6
17.9

1215
103.9
53.4
42.0
34.3
16.2
17.6

123.4
106.4
54.3
42.3
35.8
16.3
17.0

1275
110.3
57.0
44.4
36.9
16.4
175

1315
113.3
59.4
46.1
36.6
17.4
17.9

133.1
114.7
59.8
46.4
37.1
17.8
18.3

138.2
118.8
62.4
48.0
38.2
18.2
19.5

139.4
119.2
62.6
48.0
38.3
18.2
20.3

1363
116.4
60.3
46.4
37.9
18.2
20.4

134.9
114.4
57.8
44.5
38.2
18.4
20.6

133.9
113.0
57.1
44.4
37.4
18.4
20.9

133.4
112.1
56.0
43.3
37.1
18.9
21.4

137.1
115.6
58.4
45.4
38.0
192
21.4

142.9
121.2
62.6
48.4
39.1
19.6
21.6

Other labor Income

9

1.9

1.9

2.0

2.1

2.2

2.3

2.4

25

2.7

2.7

2.7

2.8

2.8

2.9

3.0

3.1

35

3.5

Proprietors' income with inventory valuation and
capital consumption adjustments

10

34.2

35.8

38.3

37.9

375

335

35.1

365

375

41.7

41.9

40.5

36.4

355

35.2

35.7

36.7

375

11
12

13.0
21.1

13.7
22.1

16.1
22.2

16.6
21.3

16.7
20.7

13.2
20.3

14.8
20.2

15.7
20.9

15.7
22.1

18.8
22.8

18.5
23.4

16.9
23.5

13.3
23.1

12.8
23.1

12.1
23.0

12.5
23.2

12.8
23.9

12.8
24.5

13

6.9

7.0

7.1

7.1

7.1

7.1

7A

75

75

8.1

8.1

8.2

8.2

8.3

8.6

8.8

9.2

9.4

Nonfarm
Rental Income of persons with capital
consumption adjustment.
Personal dividend Income

14

5.1

55

5.7

6.1

6.0

63

65

65

7.0

6.7

7.1

7.3

7.2

7.2

7.1

7.4

83

8.4

Personal interest income

15

6.3

6.6

6.8

6.9

75

75

7.6

7.7

8.0

8.1

8.1

8.2

85

8.7

8.8

9.0

93

95

Transfer payments to persons
Old-age, survivors, disability, and health insurance
benefits.
Government unemployment insurance benefits
Veterans benefits
Government employees retirement benefits
Other transfer payments

16
1/

12.2
.3

114
.4

11.0
.4

103
.4

10.4
.4

105
.5

14.2
5

113
.5

11.4
.5

11.2
.5

115
.6

105
.6

11.4
.6

12.0
.7

125
.7

12.8
.7

21.2
.7

14.8
.8

18
19
?0
?1
22
23

1.4
7.9
.7
1.9

1.2
7.1
.8
1.8

1.0
6.7
.7
2.2

.9
6.1
.7
2.2

.8
6.2
.7
2.3
.3
2.0

.8
5.8
.7
2.5
.3
2.2

.9
9.3
.7
2.8
.3
2.6

.8
6.5
.7
2.8
.4
2.4

.7
6.3
.7
3.2
.3
2.9

.8
6.1
.7
3.0
.3
2.7

.8
5.8
.8
3.0
.4
2.6

1.0
5.6
.8
2.7
.4
2.3

1.3
5.6
.8
3.1
.4
2.7

1.7
5.4
.9
3.4
5
2.9

2.1
5.2
.9
3.7
.5
3.2

2.4
5.0
.9
3.7
5
32

2.0
13.6
1.0
3.9
.5
3.3

1.6
7.1
1.0
4.3
.5
3.8

24

2.1

2.1

2.0

1.9

2.2

2.2

2.1

2.1

2.1

2.1

2.2

23

25

2.2

22

2.2

2.6

2.8

Less: Personal tax and nontax payments

25

17.2

18.5

19.0

18.9

20.5

20.7

21.0

22.1

225

205

19.6

193

19.1

183

17.6

17.1

175

184

Equals: Disposable personal Income

26

154.2

158.1

1635

1665

1673

1655

1735

175.9

181.4

188.8

1955

195.1

189.9

189.3

189.2

1905

204.4

204.2

Less: Personal outlays

27

136.1

1415

150.4

154.8

1585

1622

165.8

170.0

173.0

1765

179.7

180.6

179.5

181.2

180.6

1832

186.1

190.1

28
29
30

134.9
.6
.5

140.1
.7
.7

148.9
.8
.7

153.2
.9
.7

156.6
1.0
.7

160.5
1.0
.6

164.1
1.1
.7

168.2
12
.6

170.9
1.3
.8

174.7
1.4
.7

177.6
1.5
.6

178.5
1.5
.6

177.4
1.6
.5

179.0
1.7
.5

178.3
1.8
.5

180.8
2.0
.5

183.6
2.1
.5

187.5
2.2
.4

Equals: Personal saving

31

18.1

16.6

13.1

12.1

95

3.7

75

55

8.4

12.1

155

14.4

10.4

8.1

8.6

7.7

183

14.1

Addenda:
Disposable personal income:
Total, billions of chained (1992) dollars2
Per capita:

32

977.2

959.2

985.4

974.5

993.3

1,022.9 1,042.0

1,044.1

1,024.5 1,027.6

1,032.6

1,290
6,990
146.3

1,329
7,090
147.0

1,321
7,071
147.7

1,280
6,908
148.3

1,271
6,901
148.9

1,265
6,906
149.5

1,271
6,936
150.2

1,355
7,409
150.9

1,349
7,337
151.4

6.4

8.0

7.4

5.5

4.3

4.5

45

95

64

Less: Personal contributions lor social insurance

Personal consumption expenditures
Interest paid by persons
Personal transfer payments to the rest of the world
(net).

Population (mid-period, millions)
Personal saving as a percentage of disposable
personal Income.
See footnotes and note at the end of the table.




142.7

1,172
6,826
143.2

1,153
6,670
143.8

1,201
6,821
144.5

1,212
6,715
145.1

1,244
6.615
145.8

7.3

5.7

2.2

4.4

3.3

45

3,1
34
35

1,095

1,119

1,153

1,169

140.9

141.2

141.8

36

11.7

10.5

8.0

1,041.8 1,117.6 1,110.8

Table 2.1.—Personal Income and Its Disposition: Annual, 1929-94, and Quarterly, 1946-94-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

Line
III
Personal income
Wage and salary disbursements
Private industries
Goods-producing industries
Manufacturing
Distributive industries
Service industries
Government

IV

I

III

II

IV

I

III

II

1954

1953

1952

1951

1950

IV

I

II

III

IV

1

II

III

IV

1

231.9

241.6

250.2

2575

2604

266.2

2685

271.9

2785

284.9

2895

293.8

294.1

294.1

293.7

2925

295.2

301.2

2
3
4
5
6
7
8

150.8
128.0
672
52.0
40.9
20.0
22.7

158.2
133.5
712
55.5
41.7
20.6
24.7

1654
138.6
74.1
57.7
43.4
21.1
26.7

170.9
142.5
76.7
59.8
44.4
21.4
28.5

173.0
143.3
77.0
59.8
44.5
21.7
29.8

176.8
145.1
77.7
60.2
45.1
22.2
31.7

181.0
148.6
80.0
62.0
45.9
22.7
32.4

182.2
149.0
79.8
62.2
46.3
23.0
33.2

1864
152.2
81.5
63.5
47.4
23.3
33.8

1934
159.3
873
69.0
48.3
23.7
33.9

196.9
162.7
89.7
71.1
48.8
24.3
34.2

200.1
165.7
90.8
72.4
49.9
24.9
34.5

200.4
165.9
90.3
71.8
50.3
25.3
34.5

198.7
164.3
882
69.7
50.6
25.5
34.4

196.4
162.0
86.3
67.9
50.2
25.5
34.4

195.9
161.2
85.4
67.1
50.0
25.8
34.7

1963
161.2
84.6
66.5
50.2
26.4
35.1

2003
165.0
87.0
68.7
50.8
27.2
35.4

3.8

4.0

44

4.5

4.7

4.9

5.0

5.1

5.3

5.4

5.7

54

6.0

6.1

6.0

6.0

6.1

6.3

Proprietors' Income with inventory valuation and
capital consumption adjustments.

10

394

404

432

435

44.1

45.1

43.4

44.4

46.1

434

44.1

434

423

43.1

433

42.9

434

44.1

11
12

13.7
26.1

14.9
26.0

15.7
27.5

15.9
27.6

16.0
28.1

16.6
28.5

14.7
28.7

15.3
29.1

16.7
29.4

13.7
30.1

13.6
30.5

13.1
30.4

12.5
30.3

12.8
30.3

13.6
30.3

12.1
30.9

12.5
31.1

12.0
32.1

Rental income of persons with capital
consumption adjustment.

13

9.7

10.0

10.1

10.4

10.7

10.9

113

11.6

11.9

122

12.6

12.9

13.2

135

133

14.0

14.2

143

14

92

94

84

8.7

85

85

82

8.7

84

85

to

92

93

83

9.4

83

93

9.6

15

9.9

10.0

10.3

10.4

10.6

10.7

104

11.0

113

11.7

12.1

12.5

12.7

134

13.6

13.8

14.0

143

16
17

11.7
.8

12.0
1.5

12.0
1.7

124
1.9

125
1.9

125
1.9

12.4
2.0

12.6
2.0

13.4
2.1

13.6
2.6

13.7
2.7

13.7
3.0

14.0
3.1

145
3.1

15.2
3.3

155
3.5

16.2
3.6

16.9
4.1

18
19
20
21
??

1.2
5.3
1.0
3.5
.6
2.9

1.0
4.8
1.0
3.6
.6
3.0

.8
4.5
1.1
3.9
.6
3.3

.8
4.6
1.1
3.9
.6
3.3

.9
4.7
1.1
3.8
.5
3.3

1.0
4.5
1.2
3.8
.5
3.3

1.1
4.0
1.2
4.1
.5
3.6

1.0
4.0
1.2
4.3
.5
3.8

1.2
4.7
1.3
4.1
.5
3.6

.9
4.6
1.3
42
.5
3.7

1.0
4.3
1.3
4.3
.5
3.8

.9
4.0
1.4
4.5
.5
3.9

.9
3.9
1.4
4.6
.5
4.1

1.4
4.1
1.5
4.4
.6
3.8

1.9
4.1
1.5
4.4
.6
3.8

2.3
4.1
1.5
4.4
.6
3.9

2.4
4.1
1.5
4.6
.6
4.0

2.3
4.3
1.6
4.6
.6
4.0

9

Old-age, survivors, disability, and health insurance
benefits.
Government unemployment insurance benefits
Other transfer payments
Other

23
24

2.9

3.1

3.5

3.4

3A

35

34

3.7

33

35

3.9

4.0

4.0

4.0

4.6

45

4.6

4.7

25

Less: Personal contributions for social Insurance

20.1

23.7

25.7

274

29.1

31.1

323

33 3

333

345

35.1

353

343

345

31.9

31.6

31.7

32.1

26

217.9

2245

229.6

231.7

235.1

236.0

238.6

245.0

250.4

2545

2585

259.3

259.5

261.8

261.1

2635

269.0

204.0

201.4

212.6

208.2

2105

214.8

2163

220.6

2233

231.6

235.4

237.5

238.7

2385

2404

2433

2455

250.4

28
29
30

201.2
2.4
.4

198.6
2.5
.4

209.7
2.5
.4

205.3
2.5
.4

207.9
2.5
.4

211.9
2.5
.4

213.3
2.6
.4

217.4
2.8
.4

219.9
2.9
.4

228.0
3.1
.4

231.6
3.3
.5

233.5
3.5
.5

234.5
3.7
.5

234.2
3.8
.5

236.4
3.8
.4

239.1
3.8
.4

241.4
3.8
.7

246.0
3.9
.4

31

Personaltransfer payments to the rest of the world
(net).

211.7

27

7.8

16.4

11.9

21.4

20.9

20.3

19.6

185

21.7

185

19.1

213

20.6

21.1

21.2

17.9

17.6

18.7

1,128.5 1,142.0

1,138.9

1,156.8

1,165.6

1,167.7

1,167.6

1,226.9 1,242.8 1,262.3

1257.9

1,254.3 1,257.6

Addenda:
Disposable personal income:
32
Per capita:

1,180.6 1,2042

33
34
35
Personal saving as a percentage of disposable
personal income.
See footnotes and note at the end of the table.




1,393
7,422
152.0

1,427
7,478
152.7

1,464
7,428
153.3

1,491
7,514
153.9

1,498
7,537
154.7

1,513
7,515
155.4

1,512
7,483
156.0

1,523
7,537
156.6

1,557
7,654
157.3

1,584
7,763
158.0

1,604
7,834
158.6

1,625
7,927
159.2

1,621
7,864
160.0

36

3.7

75

54

94

9.0

85

8.3

7.6

8.9

75

75

8.2

8.0

1,254.1

1270.4

1,298.5

1,615
7,804
160.7

1,622
7,792
161.4

1,612
7,739
162.0

1,619
7,804
162.8

1,645
7,938
163.6

8.1

8.1

63

6.7

65

Table 2.1.—Personal Income and Its Disposition: Annual, 1929-94, and Quarterly, 1946-94-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1955

1956

1957

1958

1959

Line
1

II

III

IV

I

II

III

IV

1

II

1

306.8

314.1

321.5

326.7

331.7

338.0

3425

349.9

353.8

3585

Wage end salary disbursements

2

204.0

209.8

215.2

219.4

223.3

2275

229.9

2353

238.2

2395

Private industries
Goods-producing industries
Manufacturing
Distributive industries
Service industries
Government

3
4
5
6
7
8

168.6
89.5
70.8
51.5
27.6
35.5

173.6
92.6
73.1
52.8
28.3
36.2

177.8
94.3
74.6
54.4
29.2
37.4

182.2
96.8
77.1
55.6
29.9
37.2

185.4
98.0
77.5
56.9
30.5
37.8

189.0
100.0
78.6
57.8
312
38.5

190.8
100.9
79.3
58.1
31.8
39.2

195.7
104.3
82.5
59.0
32.4
39.6

198.0
105.0
83.2
59.8
33.1
40.2

198.9
104.8
82.8
60.5
33.6
40.7

Personal income

III

3632

IV

I

II

III

IV

I

II

363.1

362.6

365.0

374.0

2415

240.1

236.7

236.2

2433

248.4

254.0

2605

200.3
104.9
82.9
61.3
34.1
41.5

198.5
102.9
81.1
61.3
34.4
41.6

194.7
99.2
77.9
60.6
34.9
42.0

193.2
97.4
76.3
60.1
35.6
43.1

197.7
100.5
79.0
61.1
36.1
46.1

203.2
104.0
81.6
62.5
36.8
45.2

208.6
107.5
84.8
63.7
37.4
45.4

214.7
111.3
88.1
65.1
38.3
45.8

379.7

3855

394.1

Other labor income

9

6.6

6.9

7.2

7.4

75

7.9

82

85

8.6

8.9

9.2

9.4

9.2

9.2

9.4

9.8

10.1

105

Proprietors' income with inventory valuation and
capital consumption adjustments.

10

45.1

45.5

453

45.9

45.9

46.8

47.7

48.2

48.0

48.9

50.0

49.6

51.1

51.4

51.6

52.2

51.8

52.0

11
12

12.0
33.1

11.8
33.7

11.3
34.5

10.8
35.1

10.7
35.2

11.1
35.6

11.8
35.9

11.6
36.6

10.4
37.6

11.1
37.8

11.8
38.2

11.9
37.7

13.4
37.6

13.4
38.1

13.0
38.6

12.7
39.5

11.8
40.0

10.9
41.2

13

14.4

14.5

14.6

14.8

15.0

15.1

155

15.5

15.7

15.9

16.0

163

165

16.8

17.0

17.2

17.1

17.5

Farm
Nonfarm

Rental Income of persons with capital
consumption adjustment.
Personal dividend income

14

10.1

10.2

105

115

11.3

115

113

11.8

11.7

11.9

12.0

11.7

11.6

11.7

11.7

11.4

12.2

12.6

Personal interest income

15

14.6

15.0

15.6

15.9

163

165

17.2

17.7

182

185

19.4

193

205

202

20.9

215

215

22.2

Transfer payments to persons

16
17

17.0

173

17.5

17.6

18.0

18.3

18.8

19.0

195

213

215

22.9

243

26.2

26.6

4.8

52

5.2

262

4.4

5.3

5.5

5.8

5.9

6.4

7.5

26.5

26.6

7.5

7.8

8.0

8.4

8.6

8.8

9.7

10.0

18
19
20
21
22
23

1.9
4.4
1.6
4.7
.6
4.1

1.5
4.5
1.7
4.8
.6
4.2

1.4
4.5
1.7
4.8
.6
4.2

1.4
4.4
1.8
4.9
.6
4.3

1.4
4.5
1.9
4.9
.6
43

1.5
4.4
1.9
5.0
.6
4.3

1.6
4.4
1.9
5.0
.6
4.4

1.6
4.3
2.0
52
.7
4.5

1.7
4.5
2.1
5.3
.7
4.6

1.6
4.5
2.2
5.4
.7
4.7

1.8
4.5
2.2
5.5
.7
4.8

2.5
4.6
2.3
5.6
.8
4.9

3.4
4.6
2.4
5.9
.8
5.1

4.5
4.8
2.4
6.0
.8
52

4.8
4.6
2.5
6.0
.9
5.2

3.9
4.6
2.6
6.2
.9
5.3

3.1
4.7
2.6
6.5
.9
5.6

2.6
4.6
2.7
6.6
.9
5.7

Old-age, survivors, disability, and health insurance
benefits.
Government unemployment insurance benefits
Veterans benefits
Government employees retirement benefits
Other transfer payments
Family assistance1
Other

Less: Personal contributions for social insurance
Less: Personal tax and nontax payments

24

5.1

5.2

53

5.4

5.7

5.8

5.8

65

6.7

6.7

6.8

6.7

6.7

6.7

7.0

7.0

7.8

8.0

25

33.1

34.0

35.1

36.1

37.4

385

39.1

40.0

40.8

415

41.7

412

40.6

40.0

41.2

41.6

425

44.1

Equals: Disposable personal income

26

273.7

260.1

286.4

2905

2943

2995

3035

309.9

312.9

317.0

321.4

321.9

322.0

325.0

3325

338.1

342.6

350.0

Less: Personal outlays

27

256.7

262.0

2665

2705

2725

2753

278.5

2835

288.2

290.4

295.1

296.9

296.6

299.5

304.6

3085

316.6

322.9

28
29
30

252.2
4.1
.4

257.2
4.3
.4

261.5
4.6
.4

265.6
4.8
.4

267.2
5.0
.5

269.7
5.1
.5

272.8
5.1
5

278.0
52
.5

282.3
5.3
.5

284.5
5.4
.5

289.1
5.5
.5

290.9
5.6
.5

290.5
5.6
.4

293.5
5.6
.4

298.6
5.5
.4

302.5
5.6
.4

310.4
5.8
.4

316.4
6.0
.4

31

17.0

18.1

195

19.8

21.7

24.2

25.0

26.1

245

265

26.4

25.0

25.4

25.4

28.2

295

26.0

27.1

1,371.7 1,388.2 1,399.8

1,440.4

1,442.1

1,452.0 1,460.7

1,455.5 1,4372

1,447.1

1,479.4

1,501.7

1,512.1

1,539.2

1,838

1,872
8,508
171.7

1,867
8,439
172.5

1,860
8,302
173.1

1,870
8,327
173.8

1,907
8,476
174.5

1,928
8,565
175.3

1,946
8,590
176.0

1,980
8,710
176.7

82

75

75

73

85

8.7

7.6

7.7

Personal consumption expenditures
Interest paid by persons
Personal transfer payments to the rest ol the world
(net).

Equals: Personal saving
Addenda:
Disposable personal income:
Total, billions of chained (1992) dollars2
Per capita:
Current dollars
Chained (1992) dollars
Population (mid-period, millions)

Personal saving as a percentage of disposable
personal income.
See footnotes and note at the end of the table.




32

1,414.3

1,419.3

33
34
35

1,316.0 1,346.6
1,666
8,011
164.3

1,698
8,165
164.9

1,729
8,279
165.7

1,745
8,338
166.5

1,761
8,373
1673

1,784
8,425
167.9

1,800
8,415
168.7

1,828
8,498
169.5

8,472
1702

1,855
8,495
170.9

36

6.2

65

7.0

65

7.4

8.1

82

8A

7.9

8.4

Table 2.1.—Personal Income and Its Disposition: Annual, 1929-34, and Quarterly, 1946-94-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

III

IV

1

II

1962

1961

1960

1959
Line

III

IV

I

III

II

IV

1

II

1963
III

IV

I

II

III

IV

454.9

460.0

465.7

470.5

475.4

482.5

4913

298.7
242.8
122.3
96.9
73.1
47.4
55.9

301.1
244.7
123.1
97.4
73.7
47.9
56.4

304.2
246.6
123.7
97.9
74.4
48.5
57.6

307.9
249.3
124.7
98.8
75.1
49.6
58.6

3123
253.0
126.4
100.0
76.3
50.3
59.3

3163
256.7
128.3
101.2
77.3
51.0
60.1

322.2
260.3
130.0
102.9
78.3
51.9
61.9

1

396.1

401.7

4076

412.2

4144

415.9

419.7

425.6

4326

441.7

447.2

Wage and salary disbursements
Private industries
Goods-producing industries
Manufacturing
Distributive industries
Service industries
Government

2
3
4
5
6
7
8

260.9
214.7
110.0
87.2
65.6
39.1
46.2

263.9
217.2
110.7
87.6
66.2
40.3
46.7

270.7
223.0
114.8
91.4
67.6
40.6
47.7

273.4
224.8
114.5
90.8
68.8
41.4
48.6

273.9
224.1
113.0
89.3
69.0
42.1
49.8

2733
222.8
111.2
87.6
68.9
42.7
50.5

273.8
222.7
110.6
87.0
68.7
43.4
51.1

277.6
225.8
112.8
88.9
69.0
44.1
51.8

282.2
229.5
114.8
90.6
70.0
44.6
52.8

288.4
234.2
117.8
93.2
70.8
45.5
54.1

293.2
238.0
119.6
94.9
72.0
46.4
55.3

Other labor Income .

9

10.8

10.9

114

11.2

113

11.4

115

11.7

11.9

12.2

125

12.9

13.2

135

13.6

13.7

14.0

145

Proprietors' Income with inventory valuation and
capital consumption adjustments.
Faon
Nonfarm

10

51.6

52.0

51.1

52.0

52.1

52.6

535

53.6

54.6

55.9

56.0

56.2

56.7

57.1

57.0

57.1

57.8

59.2

11
12

10.2
41.4

10.9
41.1

10.3
40.8

11.3
40.7

11.8
40.3

12.4
40.2

12.3
41.2

11.6
42.1

11.9
42.6

12.6
43.3

12.2
43.7

11.9
44.3

11.9
44.8

12.3
44.8

12.1
44.9

11.7
45.4

11.8
46.0

12.3
46.9

Rental income of persons with capital
consumption adjustment.

13

18.0

183

18.4

185

18.6

18.7

18.9

19.1

193

195

19.7

19.8

20.1

20.4

205

20.7

203

20.7

Personal Income

Personal dividend income

14

12.9

13.1

133

13.3

13.6

13.5

13.6

13.7

14.0

14.6

14.6

15.1

15.2

15.3

15.6

16.0

16.2

16.6

Personal Interest Income

15

22.9

23.8

24.8

245

25.1

255

25.8

26.5

27.2

28.0

27.8

285

30.0

30.8

31.0

31.7

32.8

33.9

Transfer payments to persons
Old-age, survivors, disability, and health insurance
benefits.
Government unemployment insurance benefits
Veterans benefits
Government employees retirement benefits
Other transfer payments
Family assistance1
Other

16
17

27.0
10.3

27.7
10.6

276
10.8

28.3
11.0

29.1
11.3

30.2
11.5

32.1
12.0

33.0
12.3

333
12.8

33.0
13.4

33.6
13.8

33.6
14.1

34.1
14.5

34.9
14.8

36.4
14.9

35.6
15.2

35.9
15.4

36.7
15.5

18
19
20
21
22
23

2.5
4.6
2.8
6.7
.9
5.8

2.8
4.5
2.9
6.8
.9
5.9

2.5
4.5
3.0
6.9
1.0
5.9

2.7
4.5
3.0
7.0
1.0
6.0

3.1
4.6
3.1
7.1
1.0
6.1

3.6
4.7
3.2
7.2
1.0
6.2

4.1
5.4
3.2
7.4
1.1
6.4

5.1
4.7
3.3
7.5
1.1
6.4

4.3
5.1
3.4
7.7
1.2
6.5

3.7
4.6
3.5
7.8
1.2
6.6

3.4
4.7
3.6
8.1
1.3
6.9

3.1
4.6
3.7
8.2
1.3
6.9

3.0
4.6
3.8
8.4
1.3
7.1

3.0
4.8
3.8
8.5
1.3
7.2

3.1
5.7
3.9
8.8
1.3
7.4

3.0
4.5
4.1
8.8
1.3
7.5

2.9
4.5
4.2
8.9
1.4
7.6

2.9
4.6
4.4
9.2
1.4
7.8

Less: Personal contributions for social Insurance

24

7.9

8.0

92

92

93

93

95

9.6

9.7

96

10.2

10.3

10.3

10.4

116

11.7

113

12.0

25

443

464

47.7

48.7

49.1

49.4

49.6

49.9

505

51.3

52.4

54.2

555

56.9

57.5

576

582

58.6
433.2

Less: Personal tax and nontax payments
Equals: Disposable personal Income

26

351.2

355.7

3604

363.6

3653

366.4

370.2

375.7

3823

390.4

3946

400.6

4045

4086

413.0

417.6

424.3

Less: Personal outlays

27

3285

330.8

334.4

3405

340.7

342.8

3435

3483

351.4

358.7

3633

369.5

373.9

380.4

384.2

388.7

396.1

401.0

28
29
30

321.7
6.3
.5

323.8
6.5
.5

327.3
6.7
.4

3332
7.0
.4

333.1
7.1
.5

335.0
7.2
.5

335.7
7.3
.5

340.6
7.3
.4

343.5
7.3
.5

350.7
7.5
.5

355.3
7.5
.5

361.3
7.7
.5

365.4
8.0
.5

371.7
8.2
.5

375.1
8.4
.7

379.4
8.7
.6

386.4
9.1
.6

391.1
9.3
.6

Equals: Peraonal saving

31

22.7

24.9

25 5

22.9

24.6

23.6

26.7

27.4

30.9

31.7

31.5

31.1

30.6

28.4

28.8

28.9

28.2

32.2

Addends:
Disposable personal income:
Total, billions of chained (1992) dollars2
Per capita:
Current dollars
Chained (1992) dollars
Population (mid-period, millions)

1,535.9 1,546.2

1,564.6

1,570.8 1,572.0 1,569.3 1,581.5

1,605.9

1,628.6

1,661.7

1,676.1

1,693.1

1,704.3

1,716.6

1,729.9

1,746.0 1,765.3

1,795.8

33
34
35

1,979
8,654
177.5

1,995
8,685
178.3

2,003
8,707
179.7

2,016
8,710
180.3

2,017
8,681
181.1

2,014
8,626
181.9

2,027
8,659
182.6

2,049
8,759
183.3

2,077
8,846
184.1

2,112
8,987
184.9

2,128
9,033
185.6

2,152
9,093
186.2

2,164
9,117
186.9

2,178
9,147
187.7

2,193
9,167
188.3

2,211
9,243
188.9

2,238
9,309
189.6

2,276
9,434
190.4

36

65

7.0

7.1

63

6.7

65

7.2

73

8.1

8.1

8.0

76

7.6

7.0

7.0

65

6.6

7.4

Personal consumption expenditures
Interest paid by persons
Personal transfer payments to tie rest of the world
(net).

Personal saving as a percentage of disposable
personal income.
See footnotes and note at the end of the table.




32

Table 2.1.—Personal Income and Its Disposition: Annual, 1929-94, and Quarterly, 194&-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

I

III

II

IV

1

II

1967

1966

1965

1964
Line

III

IV

1

III

II

IV

1

II

1968
III

IV

I

II

1

500.7

5095

5193

528.4

538.7

548.6

563.0

576.6

588.3

598.0

611.5

625.2

635.9

643.0

656.6

667.4

666.9

7064

Wage and salary disbursements
Private industries .
Goods-producing industries
Manufacturing
Distributive industries
Service industries
Government

2
3
4
5
6
7
3

328.2
265.1
132.0
104.3
79.8
53.4
63.1

3343
270.7
135.0
106.5
813
54.4
64.1

3412
275.8
137.6
108.7
823
55.3
65.5

346.8
279.9
139.2
109.6
84.3
56.4
66.8

352.8
285.4
142.9
112.8
85.5
57.0
67.4

3585
290.3
144.9
114.2
86.9
58.5
68.5

366.2
295.7
147.1
116.3
88.4
602
70.4

377.1
304.0
151.4
119.4
90.6
62.0
73.1

385.7
310.8
155.9
123.2
92.1
62.8
74.9

395.9
319.0
160.6
127.2
94.2
64.2
76.8

406.1
326.3
163.9
130.1
96.2
66.3
79.7

413.4
331.5
166.1
132.3
97.8
67.7
81.9

418.8
335.4
166.6
132.6
99.5
69.3
83.4

4235
338.6
166.7
132.6
100.8
71.1
84.9

431.9
344.9
169.8
134.8
102.3
72.9
87.0

441.5
351.2
172.7
137.2
103.9
74.6
90.3

454.1
361.5
178.0
141.5
106.5
76.9
92.7

465.9
370.7
182.3
144.7
109.3
79.1
95.1

Other labor Income

9

15.0

155

16.0

16.5

17.0

17.6

18.1

18.7

19.2

19.7

20.1

20.7

21.0

21.2

21.8

225

23.6

243

Proprietors' Income with Inventory valuation and
capital consumption adjustments.
Farm
Nonfarm

10

59.3

594

60.9

62.3

63.0

64.4

655

67.6

70.4

68.4

68.9

69.9

70.4

704

72.0

71.4

734

745

11
12

10.8
48.5

10.1
49.7

10.4
50.5

11.8
50.6

12.0
51.0

12.8
51.6

13.3
52.2

14.0
53.6

15.7
54.7

13.5
54.9

13.5
55.5

13.7
56.2

13.2
57.2

12.3
57.7

13.0
59.0

12.5
58.9

12.5
60.5

12.3
62.2

13

20.9

20.9

21.1

21.1

21.4

21.7

22.0

22.0

22.4

225

22.6

22.6

23.2

23.8

23.9

23.5

22.9

22.7

Personal income

Rental income ot persons with capital
consumption adjustment.
Personal dividend income

14

17.2

175

18.2

185

19.1

19.8

205

21.3

21.4

21.1

20.8

20.4

215

22.2

22.7

21.9

235

245

Personal Interest income

15

34.6

35.6

36.6

375

38.8

404

41.0

41.6

42.7

44.1

45.4

47.1

48.1

48.9

49.8

515

52.7

54.4

Transfer payments to persons
Old-age, survnrors, disability, and health insurance
benefits.
Government unemployment insurance benefits
Veterans benefits
Government employees retirement benefits
Other transfer payments
Family assistance1
Other

16
17

373
15.7

375
15.9

37.9
16.2

38.2
16.3

39.6
16.5

39.4
16.7

43.1
20.1

42.1
18.9

435
19.3

43.9
19.7

45.9
21.1

49.7
23.1

52.6
24.2

534
25.3

55.3
26.0

56.7
26.4

59.1
27.7

625
30.3

18
19
20
21
22
23

2.8
5.3
4.5
9.4
1.4
8.0

2.8
4.5
4.7
9.6
1.5
8.1

2.6
4.5
4.8
9.8
1.5
8.3

2.5
4.5
4.9
10.0
1.6
8.5

2.4
5.5
5.0
10.3
1.6
8.7

2.4
4.7
5.1
10.6
1.6
9.0

2.3
4.7
5.2
10.7
1.7
9.1

2.2
4.8
5.4
10.9
1.7
9.2

2.0
5.1
5.7
11.4
1.7
9.6

1.7
4.5
6.0
11.9
1.8
10.1

1.9
4.5
6.2
12.2
1.9
10.3

1.9
5.4
6.4
12.9
2.0
10.9

2.1
6.2
6.7
13.4
2.1
11.3

2.3
5.3
6.9
14.0
2.2
11.9

2.2
5.3
7.0
14.8
2.3
12.5

2.1
5.5
7.1
15.5
2.5
13.0

2.2
5.9
7.2
16.1
2.6
13.5

2.1
5.8
7.5
17.2
2.8
14.4

Less: Personal contributions for social Insurance
Less: Personal tax and nontax payments

24

123

125

12.7

125

13.0

13.2

13.4

13.7

17.1

17.3

18.3

18.5

19.7

205

20.9

21.4

22.1

22.7

25

57.3

53.7

55.6

57.3

61.1

62.4

61.2

62.7

66.1

70.2

725

75.2

76.0

75.7

78.9

805

83.3

86.7

Equals: Disposable personal income

26

443.4

4555

463.7

471.1

4775

486.2

5014

513.9

522.2

527.7

539.0

550.0

559.9

5675

577.7

586.6

603.6

620.1

Less: Personal outlays

27

410.7

4185

428.0

430.9

442.0

449.6

4593

473.8

484.4

4895

4995

505.1

510.0

520.0

527.2

534.8

5535

567.7

28
29
30

400.5
9.5
.6

408.3
9.8
.7

417.1
10.2
.7

419.8
10.4
.7

430.6
10.6
.7

437.8
11.1
.8

447.2
11.3
.8

461.5
11.5
.8

472.0
11.7
.7

477.1
12.0
.8

486.4
12.1
.8

492.0
12.3
.7

496.8
12.4
.8

506.2
12.4
1.3

513.7
12.6
.9

521.2
12.8
.9

539.5
13.1
.9

553.2
13.6
.9

31

32.8

374

35.6

40.2

35.6

365

42.5

40.1

375

374

39.7

444

49.9

473

50.5

51.8

50.1

525

Personal consumption expenditures
Interest paid by persons
Personal transfer payments to the rest of the world
(neti
Equals: Personal saving
Addenda:
Disposable personal income:
Total, billions of chained (1992) dollars2
Per capita:
Current dollars
Chained (1992) dollars
Population (mid-period, millions)
Personal saving as a percentage of disposable
personal Income.
See footnotes and note at the end of the table.




32

1,830.7 1,878.6 1,905.1

1,928.6 1,947.6 1,972.4 2,026.7 2,069.0 2,086.1 2,091.7 2,119.1 2,145.4 2,176.6 2,193.7 2,212.2 2,226.6 2,265.8 2,305.0

33
34
35

2,322
9,587
191.0

2,379
9,807
191.6

2,412
9,909
192.3

2,442
9,996
192.9

2,468
10,067
193.5

2,506
10,167
194.0

2,578
10,412
194.6

2,632
10,595
195.3

2,667
10,656
195.8

2,689
10,657
196.3

2,738
10,764
196.9

2,785
10,864
197.5

2,828
10,995
198.0

2,859
11,054
198.5

2,903
11,116
199.0

2,939
11,157
199.6

3,018
11,329
200.0

3,093
11,499
200.5

36

7.4

8.1

7.7

85

75

75

8.5

7.8

72

7.2

7.4

8.2

8.9

83

8.7

85

83

8.4

Table 2.1 .—Personal Income and Its Disposition: Annual, 1929-94, and Quarterly, 1946-94-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

Line
III

IV

1

III

II

IV

III

II

I

19 72

1971

1970

1969

1968

IV

1

II

III

IV

1

II

III

IV

1

724.8

739.7

752.9

770.8

7894

803.6

8144

834.5

845.6

8544

872.8

895.4

908.2

9244

9524

968.7

996.2 1,038.0

Wage and salary disbursements
Private industries ....
Goods-producing industries
Manufacturing
Distributive industries
Service industries
Government

2
3
4
5
6
7
8

478.3
379.6
185.6
147.0
112.4
81.5
98.7

489.4
389.4
190.5
150.9
114.9
83.9
100.0

4994
397.8
194.1
153.3
117.1
86.6
101.2

5114
408.3
198.9
156.4
120.4
89.0
103.0

526.4
418.3
203.3
160.1
123.2
91.8
108.1

536.4
426.6
205.4
1612
126.2
95.1
109.8

5424
430.7
205.5
160.8
128.4
96.9
111.8

551.1
432.6
204.3
159.6
129.9
98.3
118.6

5564
437.4
204.4
158.7
132.8
100.2
118.6

5564
436.6
200.7
154.5
133.8
102.1
119.8

5704
446.3
205.2
158.6
136.5
104.6
123.8

580.0
454.5
208.4
160.2
139.4
106.7
125.5

588.0
460.4
209.8
160.5
141.7
108.9
127.6

597.4
468.5
212.9
162.9
144.0
111.6
129.0

6194
484.6
221.0
169.2
149.1
114.6
134.6

6304
495.0
225.7
173.7
151.4
118.0
135.7

6424
504.2
229.1
176.4
154.1
121.1
138.3

Other labor Income .

9

25.8

28.7

274

27.9

28.8

294

30.9

31.9

33.1

34.2

344

36.0

37.3

38.7

404

42.4

444

454

Proprietors1 income with Inventory valuation and
capital consumption adjustments
Farm
Nonfarm

10

76.4

77.1

774

79.1

79.9

80.0

794

78.8

804

81.3

83.1

854

88.9

90.4

904

944

1004

107.2

11
12

13.0
63.4

13.3
83.9

13.1
64.5

14.3
64.8

14.9
65.0

16.1
63.9

15.7
64.1

14.2
64.6

15.0
65.9

14.3
67.0

15.0
68.0

15.3
702

14.9
72.0

16.3
74.0

15.0
75.6

17.8
76.7

20.7
80.1

24.4
82.7

13

22.7

22.5

23.0

23.6

234

234

234

23.5

23.1

244

24.0

244

244

24.7

25.7

214

244

254
262

Personal income

Rental Income ol persons with capital
consumption adjustment.

662.1
521.0
237.2
183.1
158.8
125.0
141.1

Personal dividend Income

14

25.0

25.3

254

252

254

254

244

23.6

23.1

224

234

23.4

234

23.4

24.7

25.1

254

Personal Interest Income

15

55.1

56.1

58.3

60.1

61.7

634

65.4

67.7

71.0

71.7

744

75.1

76.5

77.1

784

80.2

82.9

854

Transfer payments to persons
Old-age, survivors, disability, and health insurance
benefits.
Government unemployment insurance benefits
Veterans benefits
Government employees retirement benefits
Other transfer payments
Family assistance1
Other

16
17

64.6
31.2

66.1
31.8

68.1
32.4

69.5
32.9

70.9
33.1

72.7
33.3

75.2
33.9

854
41.1

88.6
39.1

91.0
39.7

93.1
40.4

1012
46.4

102.0
45.1

104.0
45.9

1074
46.5

1082
47.1

1104
48.1

121.1
56.5

18
19
20
21
22
23

2.1
5.9
7.7
17.7
2.9
14.7

2.1
6.1
7.9
18.3
3.0
15.2

22
6.4
8.2
19.0
3.3
15.7

2.1
6.7
8.6
19.3
3.4
15.9

22
6.8
8.8
20.0
3.6
16.4

2.4
7.0
9.2
20.8
3.8
16.9

2.8
7.0
9.7
21.9
4.2
17.7

3.7
7.4
9.9
23.4
4.6
184

4.3
7.9
10.4
24.8
5.1
19.7

5.1
8.3
10.9
27.0
5.5
21.5

5.4
8.5
11.1
27.7
5.8
21.9

5.9
8.6
11.5
28.7
6.1
22.6

5.9
8.9
12.2
29.8
6.3
23.5

6.0
9.0
12.5
30.6
6.5
24.2

6.2
10.1
12.9
31.7
6.7
25.0

6.4
9.0
13.4
32.3
6.8
25.5

5.4
9.2
142
33.5
7.0
26.5

4,7
10.7
14.7
34.5
7.0
27.4

24

23.1

235

25.5

26.0

26.5

264

27.4

274

282

28.1

30.2

304

304

31.1

334

34.1

34.8

35.2

25

97.1

101.3

1074

111.2

1094

1114

110.4

111.4

1064

1074

1044

106.9

108.9

114.5

1294

130.9

132.3

1354

Equals: Disposable personal Income

26

627.7

6385

646.0

6594

6804

6924

7034

7234

739.1

7464

7684

7884

7992

8094

8234

837.7

8634

9021

Leu: Personal outlays

27

584.2

593.0

604.8

616.1

6264

6384

650.2

660.6

6734

680.4

700.1

714.6

727.5

744.4

7624

7804

7994

824.7

28
29
30

569.1
14.1
1.1

577.5
14.6
1.0

588.8
15.1
.9

599.4
15.6
1.1

6092
15.9
1.1

621.1
16.3
1.1

632.4
16.5
1.2

642.7
16.7
1.3

655.2
16.9
1.2

662.1
17.1
1.2

681.6
17.3
1.2

695.8
17.6
1.2

708.2
18.0
1.3

724.5
18.5
1.4

741.9
18.8
1.3

759.9
19.4
1.3

778.1
19.9
1.3

802.9
20.4
1.3

Equals: Personal saving

31

43.5

454

402

43.5

54.0

54.0

53.4

624

654

66.4

68.3

734

71.7

65.6

614

57.1

644

774

Addenda:
Disposes personal income:
Total, billions of chained (1992) dollars2
Per capita:
Current dollars
Chained (1992) dollars
Population (mid-period, millions)

33
34
35

3,123
11,497
201.0

3,168
11,544
201.5

3,194
11,543
202.0

3,259
11,641
202.4

3,352
11,838
203.0

3,402
11,878
203.6

3,447
11,895
204.1

3,532
12,051
204.7

3,598
12,144
205.4

3,623
12,063
206.1

3,716
12,249
206.8

3,802
12,387
207.4

3,842
12,391
208.0

3,882
12,436
208.6

3,938
12,484
209.1

12494
209.6

4,110
12,839
210.2

4,281
13256
210.7

36

6.9

7.1

6.2

6.6

7.9

74

74

84

8.9

8.9

8.9

94

9.0

8.1

74

64

74

8.8

Less: Personal contributions for social insurance
Less: Personal tax and nontax payments

Personal consumption expenditures
Interest paid by persons
Personal transfer payments to the rest of the world
(net).

Personal saving as a percentage ot disposable
personal income.
See footnotes and note at the end of the table.




32

2,311.0 2,326.6 2,3312 2,356.4 2,403.0 2,418.2 2,427.7 2,467.1 2,494.7 2,486.6 2,532.7 2,568.6 2,577.3 2,594.7 2,610.9 2,640.1 2,696.5 2,793.5

Table 2.1.—Personal Income and Its Disposition: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1974

1973

1975

1976

1977

Line
1
Personal income

1

Wage and salary disbursements
Private industries
Goods-producing industries
Manufacturing
Distributive industries
Service industries
Government

2
3
4
5
6
7
8

II

III

IV

1,061.2 1,090.3 1,117.9 1,1603
683.2
538.4
246.1
189.6
163.8
128.4
144.8

700.2
553.1
252.6
194.5
168.4
132.1
147.2

716.1
566.6
258.6
198.3
172.4
135.7
149.5

7353
582.0
266.2
203.8
176.6
139.3
153.3

I

II

1,176.1

1,198.2

748.1
592.5
270.2
205.9
180.0
142.4
155.5

765.7
607.1
275.4
210.7
185.0
146.7
158.6

III

IV

1

II

III

1,235.2 1,254.2 1,267.4 1,298.0 1,336.0
784.4
621.8
280.9
215.9
189.8
151.1
162.6

7925
625.6
279.2
214.9
192.3
154.1
166.7

791.7
621.4
271.1
205.8
192.5
157.8
170.3

800.1
625.9
270.7
206.6
194.3
160.9
174.2

821.0
643.5
278.3
213.2
200.1
165.1
177.6

IV

I

II

1,374.6

1,411.0

1,4385

8455
663.6
288.3
220.8
205.6
169.7
181.9

871.0
686.4
300.1
230.1
212.0
174.3
184.5

889.1
702.1
306.2
235.4
216.9
179.1
187.0

III

IV

1,475.4 1,5125
908.2
719.0
312.8
240.8
222.2
184.0
189.2

929.7
735.8
319.8
245.9
227.0
189.1
193.8

I

II

1550.0

1589.4

949.8
753.3
328.1
253.1
231.8
193.4
196.5

980.6
7812
342.8
263.7
239.6
198.9
199.4

Other labor income

9

47.1

48.3

495

515

532

55.2

575

602

61.9

64.1

67.2

705

743

78.0

81.6

855

89.2

92.6

Proprietors' income with inventory valuation and
capital consumption adjustments.
Farm
Nonfarm

10

1084

113.8

117.7

1275

119.7

1112

1152

116.6

115.1

117.4

125.1

129.4

129.7

131.1

1345

1385

143.6

143.4

11
12

24.2
84.1

30.6
83.2

33.3
84.4

425
85.0

32.4
87.3

22.2
89.1

23.4
91.8

25.4
91.2

21.4
93.8

22.0
95.5

26 2
98.9

26.7
102.8

21.4
108.2

18.5
112.6

17.4
117.6

17.1
121.5

18.8
124.8

15.6
127.8

Rental Income of persons with capital
consumption adjustment.

13

24.4

25.7

25.1

28 2

28.0

26.1

262

22.7

24.0

255

243

25.0

25.5

24.4

235

23.7

235

22.6

Personal dividend income

14

26.6

273

273

28.8

29.1

29.6

29.9

29.6

29.1

28.9

29.2

29.7

32.0

343

36.0

37.6

382

383

Personal interest income

15

89.5

905

955

1005

1055

1105

1145

1185

119.7

121.1

124.2

127.0

1295

132.9

1355

1405

1465

152.2

Transfer payments to persons
Old-age, survivors, disability, and health insurance
benefits.
Government unemployment insurance benefits
Veterans benefits
Government employees retirement benefits
Other transfer payments
Family assistance1
Other

16
17

123.7
58.2

126.2
59.7

129.0
61.1

1325
625

139.1
63.8

1474
69.1

1555
72.8

1632
75.0

1755
76.5

191.2
78.1

195.1
84.9

199.0
862

2035
88.2

203.7
89.4

2113
95.7

2145
982

2175
99.7

2195
101.7

18
19
20
21
22
23

4.4
10.3
15.0
35.7
7.1
28.7

4.3
10.2
15.4
36.6
7.2
29.4

4.3
10.4
16.5
36.7
7.2
29.5

4.6
10.8
17.2
37.7
73
30.4

5.6
11.0
17.9
40.7
7.5
33.2

65
11.0
18.3
42.5
7.7
34.8

6.6
12.1
19.5
44.6
8.0
36.6

8.3
13.2
20.3
46.4
8.4
38.0

13.8
14.3
21.5
49.2
8.8
40.4

18.9
14.0
22.2
58.0
9.0
49.0

19.6
14.5
23.0
53.1
9.4
43.7

18.2
15.1
24.1
55.3
9.7
45.6

17.0
15.9
24.8
57.8
9.8
48.0

15.7
14.3
26.1
58.2
10.0
48.1

15.5
13.4
26.6
60.0
10.1
49.9

14.9
13.8
26.9
60.5
10.2
50.3

14.9
14.5
27.5
61.3
10.4
50.9

12.8
13.8
28.6
62.9
10.6
52.3

Less: Personal contributions for social insurance
Less: Personal tax and nontax payments

24

41.6

422

43.0

435

46.7

47.6

48.6

485

495

495

50.7

51.7

54.1

545

55.9

56.9

59.2

605

25

135.2

1363

141.9

1483

151.1

157.0

162.9

1654

166.1

1295

1615

167.7

1715

1785

185.8

1932

205.7

206.4

1,024.9 1,041.2 1,0723

15885

1,3192

13443

13835

Equals: Disposable personal income

26

925.9

953.4

976.0 15125

Less: Personal outlays

27

849.6

8654

884.7

901.9

9194

947.7

9753

9835

28
29
30

827.2
21.4
1.1

842.1
22.1
1.1

860.8
22.8
1.1

876.1
23.4
2.4

894.4
23.8
1.3

922.4
24.1
1.3

950.1
24.5
1.2

957.8
24.5
1.2

31

76.3

88.0

912

1105

1055

935

965

1053

Personal consumption expenditures
Interest paid by persons
Personal transfer payments to the rest of the world
(net).
Equals: Personal saving
Addenda:
Disposable personal income:
Total, billions of chained (1992) dollars2
Per capita:
Current dollars
Chained (1992) dollars
Population (mid-period, millions)
Personal saving as a percentage of disposable
personal Income.
See footnotes and note at the end of the table.




1,101.2 1,1682

1,174.1

1206.9

1,239.5

12595

1,2895

15085

15725

1,101.2 1,137.1

1,157.7

1,188.0 1,224.0 1,2603 12903

1,0375

982.7 1,012.4 1,046.3 1,075.1 1,1102 1,1302 1,1593 1,195.0 1230.7 1259.1
27.0
24 2
24.5
25.0
25.6
24.4
26.3
27.8
28.8
30.0
1.3
12
1.1
1.2
12
1.3
1.2
1.2
1.0
1.2
925

1305

102.0

1055

102.4

1022

1015

953

835

923

32

2,832.4 2,861.7 2,879.9 2,926.8 2,879.4 2,847.6 2,858.0 2,831.6 2,816.3 2,949.8 2,908.5 2,939.7 2,985.6 3,007.3 3,029.4 3,047.9 3,0522 3,087.0

33
34
35

4,384
13,411
211.2

4,504
13,520
211.7

4,600
13,572
212.2

4,760
13,760
212.7

4,809
13,509
213.1

4,875
13,332
213.6

5,007
13,346
214.1

5,071
13,189
214.7

5,119
13,091
215.1

5,417
13,679
215.7

5,428
13,447
216.3

5,565
13,556
216.8

5,704
13,739
217.3

5,785
13,809
217.8

5,907
13,875
218.3

6,026
13,923
218.9

6,127
13,910
219.4

6,288
14,035
220.0

36

82

9.2

9.3

10.9

103

9.0

9.0

9.7

84

112

8.7

85

83

8.1

75

7.2

62

6.7

Table 2.1.—Personal Income and Its Disposition: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

Line
III

IV

I

II

III

1,800.0 1354.1

IV

I

II

1981

1980

1979

1978

1977

III

IV

1

II

III

1,915.4 1,9725 2,0173 2,084.2 2,1463 2216.2 2,2355 23103

IV

1

II

2,4102 2,4635 25220

III

IV

2,6203 2,647.6

1

1,635.0

1,690.0 1,734.1

Wage and salary disbursements
Private industries
Goods-producing industries
Manufacturing
Distributive industries
Service industries
Government

2
3
4
5
6
7
8

14072
803.8
352.5
271.6
245.9
205.5
203.4

1,637.9 1,063.9 1,1062 1,1373 1,1753 1210.0 1,237.1 1,270.9 13055 13385 1,3543 13805 1,4363 1,4743 13025 1535.0 13583
948.9
979.2 1,003.3 1,032.8 1,059.9 1,087.3 1,097.3 1,117.7 1,163.2 1,196.3 1,220.6 1,248.7 1262.5
916.5
889.3
827.9
850.2
490.9
501.7
437.7
466.3
464.0
468.8
511.5
448.1
457.2
522.6
427.0
523.8
400.0
414.4
360.9
367.6
388.5
353.4
370.7
349.7
378.1
388.3
393.4
331.9
338.9
344.9
351.8
392.2
315.5
325.5
303.8
285.5
295.8
278.5
331.4
337.3
349.2
359.5
366.1
302.9
312.1
328.8
372.8
375.7
321.5
278.4
288.6
297.6
261.4
253.7
2712
343.0
262.7
292.2
301.8
311.5
323.1
335.1
3532
272.6
281.3
363.0
238.2
245.9
254.6
213.4
221.3
229.6
262.8
273.6
281.9
286.3
233.8
238.1
245.7
2512
2575
2785
230.8
295.5
2203
226.8
213.7
216.9
210.0

Other labor income .

9

96.6

100.5

1045

1085

112.1

1153

118.9

1223

126.0

129.9

1343

137.9

1415

145.7

149.0

151.1

154.4

157.6

Proprietors' income with Inventory valuation and
capital consumption adjustments.
Farm
Nonfarm

10

146.7

1564

159.7

170.6

171.0

176.7

181.0

184.1

188.7

1863

1795

160.1

1765

1902

194.4

183.2

1924

180.4

11
12

15.1
131.6

20.6
135.5

21.1
138.6

23.4
147.2

23.1
147.9

20.9
155.8

27.3
153.7

24.7
159.4

25.7
163.0

23.6
162.7

14.3
165.2

1.6
158.5

12.3
164.2

20.6
169.6

20.4
174.0

20.8
162.4

27.4
165.0

18.8
161.6

Rental income of persons with capital
consumption adjustment.

13

223

22.5

23.9

23.4

255

26.3

28.5

25.1

245

293

342

346

31.3

355

433

42.7

43.9

475

Personal income

Personal dividend income

14

40.1

40.9

41.9

423

45.1

473

48.7

49.9

50.8

52.6

553

57.1

58.0

59.1

623

66.6

69.9

70.1

Personal interest Income

15

158.1

165.7

173.1

180.7

187.9

196.2

208.1

217.4

226.7

2414

2633

2723

272.9

2903

309.7

3225

354.9

3615

Transfer payments to persons
Old-age, survivors, disability, and health insurance
benefits.
Government unemployment insurance benefits
Veterans benefits
Government employees retirement benefits
Other transfer payments
Family assistance1
Other

16
17

225.9
108.4

2294
110.0

234.1
111.4

236.6
112.3

245.7
119.5

2502
121.8

256.0
123.8

261.9
126.4

278.4
137.5

2865
139.6

2973
142.3

3053
144.6

338.4
163.4

344.4
166.4

3515
171.1

356.7
173.4

3753
190.6

379.6
192.7

18
19
20
21
22
23

11.5
13.3
29.3
63.4
10.7
52.7

11.4
13.7
30.5
64.2
10.7
53.5

11.1
14.1
31.2
66.4
10.7
55.7

9.7
13.6
32.2
68.8
10.8
58.0

9.3
13.6
32.9
70.3
10.7
59.6

8.8
14.1
34.3
71.1
10.6
60.5

9.6
14.5
35.0
732
10.7
62.5

9.3
14.2
36.3
75.7
106
64.9

9.7
14.4
37.2
79.6
11.1
68.5

10.5
14.7
39.1
82.5
11.4
71.1

11.9
14.8
40.1
88.7
11.7
77.0

15.7
14.7
42.3
88.0
12.1
75.9

18.9
15.0
43.5
97.7
12.8
84.9

17.8
15.7
462
98.4
13.0
85.3

16.4
16.0
47.3
100.8
12.8
88.0

15.5
15.9
49.3
102.6
12.9
89.7

14.9
16.0
49.8
104.4
13.1
91.3

16.6
16.4
51.0
102.9
13.3
89.6

Less: Personal contributions for social Insurance
Less: Personal tax and nontax payments

24

61.9

63.2

67.2

69.0

705

723

78.7

80.1

813

834

865

863

89.0

913

101.9

1034

105.6

107.0

25

209.1

218.9

2223

233.4

2463

258.0

264.6

273.0

286.1

297.1

296.8

3043

315.7

3323

344.4

356.9

371.7

367.9

1,607.3 13574

1,708.0 1,7443 1,798.2 1351.7

1,9194

1,930.6 1,9942 2,077.9 2,139.2 2,1652 2249.1

2,279.7

1,608.8 1,664.1

1,7635

1,7673

1,9824 23262

2,0464

Equals: Disposable personal Income

26

1,425.9 1,471.1

15113

1,5665

Less: Personal outlays

27

1322.6

13614

1,394.1

1,455.2 1,490.4 13305

28
29
30

1,290.3
31.2
1.1

1,328.1 1,358.3 1,417.4 1,450.6 1,488.7 1,529.3 1,563.9 1,617.4 1,663.5
45.4
43.6
47.2
38.5
40.3
41.9
32.6
34.6
36.5
1.4
1.2
1.7
1.5
1.3
1.1
1.2
1.3
1.3

Equals: Personal saving

31

1032

Addenda:
Disposable personal income:
Total, billions of chained (1992) dollars2
Per capita:
Current dollars
Chained (1992) dollars
Population (mid-period, millions)

32

3,135.0 3,187.5 3,220.0 3,265.5 3288.8 3,329.5 3,359.6 3,351.0 3,367.3 3,384.1 3,402.9 3,338.3 3,369.1 3,432.5 3,446.6 3,428.5 3,496.7 3,487.7

33
34
35

6,464
14,213
220.6

6,651
14,410
221.2

6,819
14523
221.7

7.048
14,691
222.3

7,210
14,753
222.9

7,413
14,891
223.6

7,620
14,988
224.2

7,764
14,911
224.7

7,977
14,938
225.4

8,189
14,966
226.1

8,465
15,007
226.8

8,490
14,681
227.4

8,744
14,772
228.1

9,086
15,009
228.7

9,335
15,041
229.2

9,427
14,928
229.7

9,766
15,183
230.3

9,873
15,105
230.9

36

7.2

7.4

73

7.1

73

7.7

7.9

7.8

75

75

8.1

85

84

9.1

9.0

8.4

93

10.2

Personal consumption expenditures
Interest paid by persons
Personal transfer payments to the rest of the world
(net).

Personal saving as a percentage of disposable
personal Income.
See footnotes and note at the end of the table.




1093

117.7

1113

1163

126.9

1,5725

1355

1363

134.1

1,7124

1393

1,825.9 1,889.1

13473

1,713.1 1,716.9 1,774.9 1,836.8 1,890.3 1,923.5 1,967.4 1,983.9
49.4
505
53.9
55.5
48.9
52.1
56.9
48.9
1.8
5.0
5.2
1.7
4.9
5.6
1.5
1.5
155.9

1633

1683

1883

1924

182.7

220.9

2333

Table 2.1.—Personal Income and Its Disposition: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1982

1984

1983

1985

1986

Line
1

II

III

IV

2,720.0 2,7424 2,7834

1
24054

II

III

2,8685

2,922.1

IV

1

3,006.6 3,101.1

II

III

3,184.9 3266.2

IV

1

II

III

IV

I

II

3,309.2 3,3784 3,419.9 3,465.9 3,535.0 3597.6 3,631.6

1

24633

Wage and salary disbursements
Private industries ...
Goods-producing industries
Manufacturing
Distributive industries
Service industries
Government

2
3
4
5
6
7
8

14734 14874 1,6024 1,6123 1529.8 1,6633 1499.6 1,748.4 1,793.9 1,8374 1,8774 1,9105 1,946.5 1,9774 2,009.4 2,050.2 2,078.1 2.095.7
1,273.3 1,283,0 1,293.6 1396.7 1,310.8 1,339.3 1,372.3 1,418.9 1,455.4 1,493.6 1,526.4 1,554.5 1,581.4 1,606.8 1,632.9 1,667.5 1,690.3 1.702.8
582.8
593.7
612.5
601.4
616.3
631.7
551.5
568.4
622.1
635.0
519.0
513.5
505.9
509.6
5182
633.8
522.1
533.5
450.9
464.4
442.4
476.9
420.0
432.7
457.5
465.0
469.4
479.6
388.5
385.5
380.3
384.7
394.1
478.7
390.6
405.9
450.5
464.9
441.3
4882
421.9
430.7
458.5
473.1
479.8
493.8
388.3
391.1
401.3
496.6
379.9
384.2
392.0
407.6
4822
547.5
445.5
456.3
469.5
494.5
504.0
517.3
531.0
561.5
391.9
399.7
419.8
572.4
371.3
379.8
409.2
431.3
351.3
382.7
329.5
344.3
356.3
370.8
387.8
306.9
315.7
324.0
365.1
376.5
300.3
327.3
338.5
392.9
319.1
304.3

Other labor Income

9

1614

1644

167.1

169.2

1714

1765

1795

181.4

184.5

1873

1894

194.2

1983

201.1

204.9

208.1

209.8

2132

Proprietors' Income with Inventory valuation end
capital consumption adjustments.
Farm
Nonfarm

10

167.4

182.0

177.9

1914

188.0

190.4

1894

200.1

236.4

2503

2585

249.6

268.4

265.1

266.4

274.3

271.9

275.7

11
12

15.7
151.7

14.0
168.0

13.2
164.6

14.9
176.1

13.4
174.6

6.4
184.0

-4.2
193.2

.9
199.3

21.7
214.7

23.8
226.5

22.7
235.8

24.5
225.1

25.9
242.5

22.9
242.2

21.5
245.0

24.0
250.2

20.1
251.8

20.5
2552

Rental Income of persons with capital
consumption adjustment.

13

48.6

454

48.2

47.7

46.2

464

443

48.0

48.1

46.0

50.3

55.9

52.3

485

46.1

45.1

46.3

435

Personal dividend income

14

67.1

654

655

694

734

765

794

80.6

79.7

78.9

785

803

83.4

86.6

895

933

100.3

1054

15

372.6

389.1

3794

375.4

378.7

392.1

412.7

4293

440.0

4642

490.2

495.0

4965

505.6

509.2

5223

542.2

543.1

16
17

386.9
194.9

398.4
197.5

415.9
209.4

432.2
216.4

435.4
217.2

442.4
220.6

4384
222.0

442.0
226.9

447.9
2312

452.1
234.4

455.3
235.8

459.1
241.2

478.9
249.1

483.0
251.4

4895
256.3

4945
256.8

507.9
264.5

515.1
266.9

18
19
20
21
22
23

19.1
16.3
51.7
103.8
13.2
90.6

23.9
16.2
54.8
106.0
13.2
92.8

26.0
16.3
55.6
108.6
13.3
95.3

31.8
16.6
56.1
1112
13.6
97.6

30.1
16.9
56.3
114.9
14.0
100.9

31.9
16.6
57.7
115.6
14.2
101.5

23.2
16.6
58.6
117.6
14.3
103.3

19.8
16.6
59.5
119.3
14.5
104.8

17.1
16.4
61.0
122.1
15.0
107.1

15.6
16.4
61.9
123.9
14.9
109.0

15.0
16.5
62.8
125.1
14.5
110.7

15.7
16.4
58.0
127.7
14.8
113.0

16.7
16.9
65.4
130.8
15.1
115.7

15.8
16.8
66.1
132.9
15.3
117.7

14.9
16.6
66.8
135.2
15.6
119.6

15.5
16.5
68.0
137.7
15.7
121.9

15.5
17.0
69.2
141.7
15.9
125.8

16.2
16.9
70.1
145.1
16.4
128.7

Transfer payments to persons
Old-age, survivors, disability, and health insurance
benefits.
Government unemployment insurance benefits
Veterans benefits
Government employees retirement benefits
Other transfer payments
Family assistance'
Other
Less: Personal contributions (or social insurance
Less: Psrsonal tax and nontax payments

24

111.0

1114

113.0

1133

1165

1185

1204

123.1

1293

131.9

134.1

135.7

145.9

147.7

1494

152.7

159.1

160.8

25

3704

3764

366.8

372.1

3665

3764

382.7

371.7

378.7

387.7

4015

413.8

451.2

407.8

442.2

4494

447.3

451.2

2375.2 2,411.4 2,438.8 2,492.9 25594

2534.9 2,722.4 2,797.1

2,8645

2,895.4 2,927.2 3,0122 3,023.7 3,0854 3,1503 3,1804

2,451.1 2,500.9 2,5564

2493.7

2,645.8 2,711.7

Equals: Disposable personal Income

26

2,293.1

24434

Less: Personal outlays

27

2484.7

2,110.4 2,156.4 2,215.7

28
29
30

2,021.4 2,046.1 2,091.1 2,148.7 2,185.0 2,257.2 2,316.8 2,374.7 2,422.5 2,475.6 2,510.5 2,560.6 2,623.8 2,673.4 2,742.3 2,779.6 2,823.3 2,855.6
82.5
86.2
73.9
75.9
80.0
84.1
88.5
69.6
71.3
77.5
89.9
62.4
63.8
66.3
58.0
59.0
60.6
57.5
7.7
7.7
7.8
7.4
7.3
7.9
8.0
6.9
7.1
7.7
7.9
6.0
6.4
6.8
6.2
6.4
6.4
5.9

Personal consumption expenditures
Interest paid by persons
Personal transfer payments to the rest of the world
(net).
Equals: Personal saving
Addenda:
Disposable personal income:
Total, billions of chained (1992) dollars2
Per capita:
Current dollars
Chained (1992) dollars
Population (mid-period, millions)
Personal saving s s • percentage of dlspoisbl*
See footnotes and note at the end of the table.




31

208.4

233.1

2185

195.7

2,253.4 2327.4 2489.9

1853

1655

169.6

183.8

221.4

2402

2705

2495

215.5

2,7635 23343

248.6

189.3

24734

212.0

2,919.7

230.6

2,953.4

2274

32

3,464.5 3,507.0 3,498.6 3412.4 3,523.0 3,556.4 3,809.4 3,882.3 3,769.2 3,838.7 3,900.5 3,913.1 3,917.2 3,989.6 3,971.6 4,009.6 4,066.0 4,101.8

33
34
35

9,910
14,972
231.4

10,105
15,123
231.9

10,216
15,048
232.5

10,346
15,070
233.1

10,442
15,085
233.5

10,652
15,196
234.0

10,910
15,385
234.6

11,205
15,659
235.2

11,555
15,998
235.6

11,848
16260
236.1

12,104
16,481
236.7

12,205
16,495
237.2

12,316
16,481
237.7

12,647
16,750
238.2

12,663
16,632
238.8

12,889
16,749
239.4

13,134
16,952
239.9

13,231
17465
240.4

36

9.1

9.9

94

8.1

74

64

64

7.0

8.1

84

94

8.6

7.4

85

63

6.9

74

7.1

Table 2.1.—Personal Income and Its Disposition: Annual, 1929-54, and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

Line
III

IV

I

II

1989

1988

1987

1986

III

IV

1

II

III

IV

1

II

1990
III

IV

1

II

III

IV

4,4175 4,479.6 45184 4,5882 4,7004 4,784.0 4451.0 43815

Personal Income

1

3,684.9 3,7195 3,7865 3,8463 3307.6 4,0143 4,076.0 4,1472 4,219.1 42963

Government

?
3
4
5
6
7
8

2,125.7 2,166.7 2,2095 2,2464 2287.0 2347.2 2380.9 2,435.7 2,4764 25214 25563 2578.1 2,607.1 2,6513 2,7043 2,753.0 2,7844 2,788.6
1,726.7 1,760.0 1,795.1 1,826.5 1,8622 1,914.4 1,939.6 1,988.1 2,023.6 2,061.5 2,087.1 2,103.3 2,124.3 2,160.2 2,199.6 2,238.6 2,263.6 2,259.3
748.7
740.2
757.7
758.5
731.9
751.8
7295
728.1
702.5
711.6
723.6
674.8
690.2
653.7
650.0
663.2
636.7
643.8
554.8
545.7
547.0
551.1
563.9
564.9
561.2
548.6
543.3
518.6
526.0
532.6
507.1
490.4
491.8
499.5
485.5
481.1
624.4
604.4
607.4
616.0
633.9
638.9
639.1
580.7
589.8
599.6
559.7
571.0
548.5
531.0
541.8
512.4
520.5
503.8
868.4
804.1
826.5
847.1
866.2
785.0
757.9
7703
689.7
714.6
7312
748.1
691.0
641.9
6572
624.6
603.8
586.1
529.3
482.8
491.1
504.3
514.3
520.8
460.0
468.9
474.8
447.6
452.7
432.8
441.3
420.4
424.8
406.8
414.5
399.0
291.4
3044
269.7
276.5
283.1
2973
309.2
263.2
249.6
2533
258.0
2434
245.9
233.7
235.7
2225
2285
217.9

Other labor Income
Proprietors' Income with inventory valuation and
capital consumption adjustments.
Nonlarm
Rental Income of persons with capital
consumption adjustment.

9
10

2872

2835

2965

302.7

308.1

313.1

330.1

3394

3405

3315

361.9

3565

3524

3584

367.7

3754

3784

3744

11
12

28.1
259.1

28.0
255.0

29.3
267.1

31.6
271.1

31.5
2765

33.7
279.5

38.9
2912

30.6
308.4

27.9
312.6

12.5
319.1

39.0
3223

38.4
318.1

33.2
319.1

34.5
324.4

35.5
3322

38.3
337.1

34.9
343.7

33.1
3413

13

394

364

424

415

425

523

524

542

52.7

61.2

57.0

563

47.7

452

55.1

57.6

64.4

66.7

Personal dividend Income

14

107.6

1065

1025

99.9

99.9

101.7

103.9

1072

111.9

116.7

1234

128.9

133.4

1373

142.0

143.4

1433

142.7

Personal interest Income

15

546.3

5415

5413

5515

5624

5844

5823

579.9

6003

619.7

653.7

6804

6823

681.6

6904

701.1

711.6

7142

1ft
17

523.8
272.1

527.6
273.2

5352
278.8

5424
283.0

5454
284.1

5494
285.8

570.1
297.8

5744
299.0

579.6
301.2

5864
303.8

6095
316.6

6185
321.7

6303
328.1

645.1
334.1

6705
348.1

678.1
348.6

6905
352.6

7123
358.7

18
19
20
?1
22
23

16.8
16.6
71.1
147.1
16.5
130.6

16.8
16.4
72.4
148.8
16.7
132.1

15.3
16.7
73.7
150.8
16.6
134.2

14.9
16.7
75.7
152.6
16.7
135.9

14.3
16.5
77.1
153.8
16.7
137.1

13.4
16.5
77.7
156.0
16.7
139.3

14.0
17.0
81.0
160.4
17.0
143.4

13.2
16.9
82.5
163.0
17.1
145.9

13.1
16.9
82.3
166.0
17.3
148.7

12.9
16.7
83.1
169.9
17.5
152.3

13.6
17.5
86.0
175.8
17.6
158.2

13.7
17.3
87.0
178.8
17.7
161.1

14.6
17.3
88.0
182.9
18.1
164.8

15.6
17.2
89.4
188.7
18.4
170.3

16.4
18.0
93.0
195.0
19.1
175.9

17.1
17.8
93.7
200.9
19.5
181.4

18.2
17.7
94.9
207.2
20.0
187.2

20.9
17.8
96.4
218.1
20.5
197.6

Old-age, survivors, disability, and health insurance
benefits.

Other
Less: Personal contributions lor social Insurance
Less: Personal tax and nontax payments

24

163-0

1655

1702

1724

1744

177.7

1894

1924

1955

198.7

207.7

2095

2114

214.4

2214

222.3

2253

2264

25

4622

4785

474.7

536.7

513.9

5314

5154

535.1

5323

545.7

577.7

600.7

594.6

6063

613.0

628.2

6305

627.1

Equals: Disposable personal Income

26

Less: Personal outlays

27

?«
Personaltransfer payments to the rest of the world
Equals: Personal saving
Addenda:
Disposable personal income:
Total, billions of chained (1992) dollars2
Per capita:
Current dollars
Chained (1992) dollars
Population (mid-period, millions)
Personal saving as a percentage o l disposable
personal Income.
See footnotes and note at the end of the table.




29
30
31

3393.7 34835 35615 3512.1 3,6863 3,7504 34394 34785 3,924.0 3,9813 4,087.4 4,1553 4,220.1 4 3 5 4 3
3,066.0 3,1015 3,170.1 3,2354 3271-7 3348.1 3,411.7 3484.2 35624 3,614.7 3580.8 3,7404 3,7914 3475.8 3529.4 3,999.3 4,027.9
2,926.2 2,965.6 3,002.4 3,070.0 3,134.2 3,171.3 3,247.1 3,310.2 3,382.3 3,459.2 3,506.1 3,569.7 3,627.3 3,676.1 3,7592 3,811.8 3,879.2 3,907.0
106.7
103.4
105.2
108.0
109.8
110.9
99.3
101.6
91.7
91.9
92.5
93.1
94.3
91.3
92.1
92.0
91.0
91.0
9.4
10.1
9.9
9.5
10.2
10.1
9.3
9.5
8.7
9.2
8.8
9.3
9.0
9.1
8.8
8.5
8.3
8.1
3,222.7 3,240.6 33113 33102
35253

1975

1745

209.7

140.1

1584

2113

2124

2004

202.6

1874

225.1

198.1

184.0

190.4

2114

226.4

2205

226.4

32

4,122.1 4,114.0 4,153.3 4,112.3 4.171.8 4235.6 4,303.6 4,312.6 4,343.9 4,368.5 4,416.6 4,397.9 4,417.3 4,435.6 4,489.4 4,507.8 4,513.1 4,482.3

33
.14
35

13,374
17,107
241.0

13,416
17,032
241.5

13,683
17,162
242.0

13,649
16,957
2425

13,959
17,160
243.1

14,291
17,379
243.7

14,582
17,623
2442

14,761
17,623
244.7

15,026
17,704
245.4

15,248
17,761
246.0

15,580
17,920
246.5

15,703
17,804
247.0

15,842
17,833
247.7

16,032
17,859
248.4

16,420
18,035
248.9

16,652
18,063
249.6

16,860
18,031
250.3

16,947
17,856
251.0

36

6.1

5.4

63

42

4.7

6.1

6.0

5.5

55

55

5.9

5.1

4.7

44

52

5.4

5.2

54

Table 2.1.—Personal Income and Its Disposition: Annual, 1929-94, and Quarterly, 1946-94—Continued
[Billions o f dollars; quarters seasonally adjusted at annual rates]
1993

1992

1991

1994

Line
III

IV

I

II

5,504.1

5,5442

5,659.1

55163

5,7665

5338.1

5,946.1

2,975.4
2,394.4
749.7
566.7
677.5
967.2
581.1

3,0793
2,497.8
779.9
592.8
697.7
1,020.2
581.5

3,111.1
2,524.8
786.5
597.2
704.3
1,034.0
586.3

3,192.6
2,604.2
808.6
614.9
718.2
1,077.4
588.4

3,138.3
2,542.3
797.1
600.7
715.8
1,029.4
596.0

3,232.0
2,630.7
820.5
618.4
737.9
1,072.3
601.3

3,2665
2,663.4
832.9
626.9
748.0
1,082.5
603.5

3325.6
2,717.5
847.2
637.1
763.6
1,106.7
608.0

361.1

3733

382.3

3895

394.9

3995

403.7

4065

4093

437.4

4403

4522

446.2

464.4

4635

474.7

4715

476.1

39.0
387.6

36.5
401.0

29.7
410.6

36.3
416.0

25.6
420.6

38.0
426.5

46.4
417.5

38.8
435.9

33.2
438.4

29.1
447.0

695

91.2

99.7

105.6

106.1

1115

112.7

1265

130.1

128.9

193.5

192.1

2003

2085

2185

642.1

641.4

656.4

674.1

700.4

9253
451.8

940.4
463.3

9495
470.4

9585
475.8

9693
482.4

32.6
19.8
119.0
302.1
24.2
277.9

27.7
20.0
120.5
308.9
24.3
284.6

23.9
20.1
123.8
311.6
24.3
287.3

21.6
20.5
125.9
315.0
24.4
290.7

20.9
20.1
127.6
318.7
24.2
294.5

III

IV

1

5,237.7

5,277.7

5,4295

5,369.4

2,9165
2,355.1
752.7
571.5
666.2
936.2
561.4

2,956.2
2,389.0
761.9
579.6
673.6
953.4
567.2

2,968.2
2,418.3
764.6
583.0
681.5
972.2
569.8

3,084.7
2,512.2
783.6
599.7
699.9
1,028.6
572.5

332.4

3403

347.6

3555

385.7

410.2

420.8

4265

27.3
351.7

30.0
355.8

35.9
374.4

37.1
383.8

67.1

72.3

77.2

795

II

IV

I

5,002.6

5,061.8

5,164.2

2,815.1
2,269.8
742.8
558.4
644.6
882.5
545.3

2538.8
2,292.0
749.4
566.3
649.7
892.8
546.9

2,867.1
2,316.3
750.6
569.7
655.3
910.5
550.8

312.4

319.7

326.3

362.4

378.7

378.9

11
12

26.5
336.0

33.4
345.4

Rental Income of persons with capital
consumption adjustment.

13

663

66.0

Personal dividend Income

14

1493

153.1

156.4

155.7

1525

154.5

1605

170.1

1773

182.1

187.8

Personal Interest Income

15

705.4

702.2

697.0

692.3

674.1

673.0

661.2

660.4

6603

653.7

6475

Transfer payments to persons
Old-age, survivors, disability, and health insurance
benefits.
Government unemployment insurance benefits
Veterans benefits
Government employees retirement benefits
Other transfer payments
Family assistance1
Other

16
17

746.4
374.6

763.2
380.0

774.9
384.7

795.1
389.9

8383
405.4

8535
412.2

8655
416.9

8755
421.5

897.2
437.6

908.0
441.9

9173
446.4

18
19
20
21
22
23

24.5
18.1
102.2
227.0
21.1
205.9

27.7
18.7
101.6
235.3
21.8
213.5

26.0
18.3
102.3
243.6
22.2
221.4

29.2
18.2
102.9
255.0
22.7
232.2

39.2
20.4
107.8
265.5
23.0
242.5

40.4
18.9
108.6
273.3
23.1
250.2

38.7
18.8
109.0
281.9
23.4
258.5

37.1
19.1
110.5
287.7
23.5
264.2

34.5
20.0
1142
291.0
23.7
267.3

34.4
20.5
115.9
295.4
24.0
271.4

34.7
20.3
117.4
298.6
24.0
274.6

Less: Personal contributions for social insurance

I

II

1

4,698.6

4,963.5

Wage and salary disbursements
Private industries
Goods-producing industries
Manufacturing ...
Distributive industries..
Service industries
Government

2
3
4
5
6
7
8

2,789.3
2,248.0
742.5
555.5
636.7
868.8
541.3

Other labor Income

9

Proprietors' income with Inventory valuation and
capital consumption adjustments.
Farm
Nonfarm

10

Personal income

III

II

III

IV

24

233.0

2345

236.9

238.9

245.2

247.4

249.7

251.4

255.2

259.2

261.6

265.2

272.0

276.2

278.8

282.9

Less: Personal tax and nontax payments

25

6223

6205

623.7

6325

636.7

6405

6505

6745

6625

685.6

6955

716.4

7125

7505

7395

7535

Equals: Disposable personal Income

26

4,2763

43425

4378.9

4,429.2

45275

4597.7

4,627.1

4,7545

4,707.0

43185

4548.7

45425

4,9034

5,016.1

5598.2

5,193.1

Less: Personal outlays

27

4,0325

4,0833

4,123.9

4,149.8

4,250.0

43045

43595

4,450.0

4,488.4

45495

45095

4,675.2

4,7382

45035

4576.1

4550.7

28
29
30

3,910.7
111.4
10.4

3,961.0
112.0
10.3

4,001.6
112.0
10.2

4,027.1
112.1
10.6

4,127.6
112.9
9.4

4,183.0
112.1
9.7

4,238.9
111.4
9.2

4,329.6
110.4
9.9

4,365.4
110.0
13.1

4,428.1
108.3
13.1

4,488.6
107.9
13.4

4,554.9
106.6
13.7

4,616.6
107.6
14.0

4,680.5
108.7
14.1

4,750.6
111.4
14.2

4,8202
116.1
14.4

Equals: Personal saving

31

2435

259.6

255.0

279.4

2775

292.9

2675

3045

218.6

269.0

2395

267.6

165.2

2125

222.1

2424

Addenda:
Disposable personal income:
total, billions of chained (1992) dollars2
Per capita:
Current dollars
Chained (1992) dollars
Population (mid-period, millions)

32

4,466.3

4,506.3

4,507.9

4,519.5

4,578.1

4,612.4

4,613.8

4,702.5

4,622.3

4,703.9

4,716.9

4,772.5

4,715.3

4,792.8

4,827.3

4,884.9

33
34
35

16,993
17,748
251.7

17,214
17,861
252.3

17,306
17,816
253.0

17,456
17,811
253.7

17,801
18,000
254.3

18,028
18,085
255.0

18,088
18.036
255.8

18,533
18,330
256.5

18,304
17,975
257.2

18,692
18,247
257.8

18,756
18,246
258.5

19,070
18,413
259.2

18,878
18,154
259.7

19,267
18,409
260.4

19,530
18,493
261.0

19,844
18,667
261.7

36

5.7

6.0

5.8

63

6.1

6.4

55

6.4

45

5.6

45

54

34

42

44

4.7

Personal consumption expenditures
Interest paid by persons
Personal transfer payments to the rest of the world
(net)

Personal saving as a percentage of disposable
personal Income.

1. Consists of aid to families with dependent children and, beginning with 1996, assistance programs operating
under the Personal Responsibility and Work Opportunity Reconciliation Act of 1996.




2. Equals disposable personal income deflated by the implicit price deflator for personal consumption expenditures,
NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

Table 2.2.—Personal Consumption Expenditures by Major Type of Product: Annual and Quarterly, 1946-94
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
Personal consumption expenditures
Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Cither
Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Other

Personal consumption expenditures
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Other

1947

1949

1948

1951

1950

1954

1953

1952

1956

1955

1957

1958

1960

1959

1961

1962

1

144.3

162.3

175.4

178.9

192.7

208.7

219.7

2335

240.7

259.1

271.9

286.7

2963

318.1

332.2

342.6

2

156

20.4

22.9

254

303

29.9

29.3

32.7

32.1

384

38.2

39.7

37.2

42.7

433

413

464

3
4
5

4.1
8.4
3.2

6.6
10.6
3.3

8.0
11.5
3.4

10.6
11.3
3.2

13.7
13.7
3.3

12.2
14.1
3.6

11.3
14.0
3.9

13.9
14.7
4.1

13.0
14.8
4.3

17.8
16.4
46

15.8
17.3
5.0

17.3
17.2
5.2

14.8
16.9
5.4

18.9
18.1
5.7

19.7
18.0
5.7

17.8
18.3
5.7

21.5
19.3
6.1

6

82.7

903

96.6

943

982

109.2

114.7

1173

119.7

124.7

1303

137.1

141.7

1485

152.9

156.6

162.8

7
8
9
10
11

47.4
18.2
3.4
2.5
11.3

52.3
18.8
4.0
3.0
12.8

54.2
20.1
4.8
3.4
14.1

52.5
19.3
5.3
3.1
14.7

53.9
19.6
5.5
3.4
15.8

60.7
21.3
6.1
3.5
17.6

64.1
22.0
6.8
3.5
18.4

65.4
22.2
7.4
3.4
19.4

66.8
22.3
7.8
3.5
19.3

68.6
23.3
8.6
3.8
20.4

71.4
24.4
9.4
3.9
21.7

75.1
24.5
10.2
4.1
23.2

77.9
24.9
10.6
4.2
24.2

80.7
26.4
11.3
4.0
26.1

82.3
27.0
12.0
3.8
27.7

84.0
27.6
12.0
3.8
29.2

86.1
29.0
12.6
3.8
31.4

12

45.8

51.0

56.0

59.0

63.7

69.7

75.7

83.0

893

955

103.0

109.9

117.4

1273

136.0

144.3

153.7

13
14
15
16
17
18
19

14.2
8.8
2.1
4.7
5.0
4.7
15.2

16.0
7.5
2.3
5.1
5.3
5.7
16.5

17.9
8.1
2.6
5.5
5.8
6.6
17.7

19.6
8.6
2.9
5.6
5.9
6.8
18.1

21.7
9.5
3.3
6.2
6.2
7.2
19.1

24.3
10.4
3.7
6.7
6.8
7.7
20.4

27.0
11.2
4.1
7.1
7.3
8.6
21.6

29.9
12.1
4.5
7.6
8.0
9.6
23.4

32.3
12.7
5.0
7.7
8.2
10.6
25.2

34.4
14.2
5.5
8.6
8.5
11.3
27.2

36.7
15.4
6.1
9.3
8.9
12.2
29.7

39.3
16.4
6.5
9.9
9.4
13.4
31.4

42.0
17.5
7.1
10.4
9.7
14.9
33.3

45.0
18.7
7.6
11.1
10.5
16.4
36.3

48.2
20.3
8.3
12.0
11.2
17.6
38.8

51.2
21.2
8.8
12.4
11.7
18.7
41.5

54.7
22.4
9.4
13.0
12.2
20.8
43.5

Line

Durable goods

1948

1963

1964

1966

1965

1968

1967

1969

1971

1970

1972

1975

1974

1973

363.4

1976

1977

1978

1979

1,1483

1,277.1

1,4283

15935

1

383.0

411.4

444.3

481.9

509.5

5593

604.7

648.1

7025

770.7

851.6

931.2

1429.1

2

516

56.7

635

68.3

70.4

803

85.9

85.0

96.9

110.4

1235

1223

1335

158.9

181.1

201.4

213.9

3
4
5

24.4
20.7
6.6

26.0
232
75

29.9
25.1
8.2

30.3
28.2
9.8

30.0
30.0
10.4

36.1
32.9
11.8

38.4
34.7
12.9

35.5
35.7
13.7

44.5
37.8
14.6

51.1
42.4
16.9

56.1
47.9
19.5

49.5
51.5
21.3

54.8
54.5
24.2

71.3
602
27.4

83.5
67.1
30.5

93.1
74.0
34.3

93.5
82.3
38.2

6

168.2

178.7

191.6

208.8

217.1

235.7

2532

2723

2855

3083

343.1

3845

4205

4582

496.9

549.9

6243

7
8
9
10
11

88.3
29.8
13.0
4.0
33.1

93.6
32.4
13.6
4.1
35.0

100.7
34.1
14.8
4.4
37.6

109.3
37.4
16.0
4.7
41.4

112.5
39.2
17.1
43
435

122.2
432
18.6
4.7
47.0

131.5
46.5
20.5
4.6
50.2

143.8
47.8
21.9
4.4
54.1

149.7
51.7
23 2
4.6
56.4

161.4
56.4
24.4
5.1
60.8

179.6
62.5
28.1
6.3
66.6

201.8
66.0
36.1
7.8
72.7

223.1
70.8
39.7
8.4
78.5

242.4
76.6
43.0
10.1
86.0

262.4
84.1
46.9
11.1
92.4

2892
94.3
50.1
11.5
104.7

324.2
101.2
66.2
14.4
118.0

12

163.2

176.1

189.4

2045

222.0

243.4

2655

291.1

320.1

3523

384.9

424.4

475.0

5313

5993

677.4

7555

13
14
15
18
17
18
19

58.0
23.6
9.9
13.8
12.7
22.6
46.3

61.4
25.0
10.4
14.6
13.4
25.8
505

65.4
26.5
10.9
15.7
14.5
28.0
55.1

695
28.2
11.5
16.7
15.9
30.7
60.6

74.1
30.2
12.2
18.0
17.3
33.9
66.6

79.7
32.3
13.0
19.4
18.9
392
73.3

86.8
35.1
14.0
21.1
20.9
44.7
78.0

94.0
37.8
15.2
22.6
23.7
50.4
85.3

102.7
41.0
16.6
24.4
27.1
56.9
92.5

112.1
45.3
18.4
26.9
29.8
63.8
101.3

122.7
49.8
20.0
29.8
31.2
71.6
109.6

134.1
55.5
23.5
32.0
33.3
80.6
120.8

147.0
63.7
285
35.2
35.7
93.5
135.0

161.5
72.4
32.5
40.0
41.3
106.7
149.8

179.5
81.9
37.6
44.3
492
123.0
165.4

201.7
91.2
42.1
49.1
53.5
140.0
191.0

226.6
100.0
46.8
53.2
59.1
158.0
212.0

Line
Personal consumption expenditures
Durable goods
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Other
Services
Housing
Household operation
Other household operation
Transportation
Other

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1

1,760.4

1,9413

2,076.8

2283.4

2,4923

2,7043

2,892.7

3,094.5

3349.7

3594.8

3,8393

3,975.1

42193

4,4592

4,717.0

2

2135

2305

2393

279.8

325.1

361.1

398.7

416.7

451.0

472.8

4765

455.2

4883

530.2

579.5

3
4
5

87.0
86.0
40.5

95.8
91.3
43.4

102.9
92.5
43.9

126.9
105.3
47.7

152.5
117.2
55.4

175.7
126.3
59.0

192.4
140.3
66.0

193.1
150.4
73.2

207.5
162.8
80.7

214.4
173.3
85.2

210.3
176.0
90.1

187.6
178.5
89.1

206.9
189.4
92.3

226.2
204.9
99.1

246.6
2262
106.7

6

6955

758.2

7863

830.3

883.6

927.6

957.2

1,014.0

1,081.1

1,163.8

1,2453

1277.6

13213

1,370.7

1,428.4

7
8
9
10
11

355.4
107.3
86.7
15.4
130.6

382.8
117.2
97.9
15.8
144.5

402.6
120.5
94.1
14.5
1552

422.9
130.9
93.1
13.6
169.8

446.3
142.5
94.6
13.9
1863

466.5
152.1
972
13.6
198.2

490.8
163.1
80.1
11.3
211.9

513.9
174.4
85.4
11.2
229.1

5512
185.9
87.1
11.4
245.3

588.4
199.9
96.6
11.4
267.5

6305
205.9
109.2
12.0
287.6

650.0
2113
103.9
11.3
301.2

660.0
225.5
106.6
10.9
318.8

686.8
236.5
107.6
10.7
329.0

714.5
247.8
109.4
10.5
346.2

1358.1
547.4
219.8
98.8
121.0
137.8
477.1
576.1

2,1175

22423

2,409.4

2,558.4

2,709.1

586.3
226.3
98.7
127.6
143.7
537.7
623.5

616.5
237.6
104.9
132.7
145.3
586.5
656.4

646.8
248.2
106.6
141.7
158.1
646.6
709.7

672.8
268.8
115.8
153.0
170.2
695.6
751.0

712.7
283.7
116.6
167.0
186.2
731.6
794.8

12

851.4

952.6

1,050.7

1,173.3

1,2833

1,416.1

1536.8

1,663.8

13173

13
14
15
18
17
18
19

2552
113.0
56.3
56.7
64.7
181.2
237.3

287.9
126.0
63.4
62.5
68.7
213.0
257.0

313.2
141.4
72.6
68.8
70.9
239.4
285.7

339.0
155.9
80.7
75.2
79.4
267.8
331.3

370.6
168.0
84.7
83.3
90.0
294.1
361.0

407.1
180.3
88.8
91.4
100.0
321.8
407.0

442.2
186.9
87.2
99.7
107.3
346.1
454.2

476.6
194.9
88.9
106.0
118.2
381.1
493.0

512.9
206.6
94.1
1125
130.5
428.7
538.9

1947

1946
1

III

II

IV

I

II

1949

1948

Line
III

IV

I

II

III

IV

I

II

1950
III

IV

I

II

1

1343

140.1

1483

1532

1566

1605

164.1

168.2

170.9

174.7

1773

1783

1774

1793

1783

1803

1833

1873

2
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Other




123

14.7

17.1

18.7

19.4

20.0

203

223

22.0

224

23.7

23 3

223

243

253

263

27.7

28.1

3
4
5

2.4
7.1
3.1

3.4
8.1
3.2

4.7
9.0
3.3

6.0
9.5
3.3

6.4
9.8
3.3

6.5
10.2
3.3

6.2
10.8
3.3

72
11.5
3.3

7.7
10.9
3.3

7.4
11.7
33

82
12.1
3.4

8.6
11.4
3.4

9.0
10.5
3.3

10.9
10.6
3.3

11.2
11.5
3.1

11.2
12.4
3.2

12.1
12.5
3.2

12.7
12.1
3.3

6

783

803

85.1

863

87.7

90.1

92.1

933

95.1

973

97.0

973

963

953

935

943

943

963

7
8
9
10
11

44.9
18.0
3.0
2.3
10.7

45.7
17.9
3.3
2.4
11.2

48.7
18.9
3.5
2.5
115

50.2
18.0
3.7
2.6
11.8

50.9
18.3
3.7
2.7
12.1

52.0
18.5
4.0
2.9
12.7

52.9
18.9
4.1
3.0
13.0

53.5
19.3
4.3
32
13.4

53.8
19.5
4.6
3.4
133

55.0
19.9
4.7
3.5
13.9

54.1
20.2
4.9
3.5
14.3

533
20.7
5.0
3.4
143

53.4
202
5.1
3.2
14.4

52.8
19.6
5.3
3.0
14.5

52.0
18.5
5.4
2.9
14.6

51.7
19.0
5.4
3.0
15.1

52.3
18.9
5.4
3.1
15.1

52.9
192
5.6
3.3
153

12

435

445

46.7

48.2

493

505

51.7

523

535

553

56.9

574

583

584

59.0

595

61.1

633

13
14
15
16
17
18
19

13.8
6.7

14.0
66

14.3
6.8

14.7
7.0

15.1
7.1

15.6
7.4

16.3
7.7

16.9
7.7

17.3
7.9

17.7
8.0

18.1
8.2

18.5
82

19.0
8.4

19.4
8.5

19.8
85

20.3
8.9

20.8
9.2

21.4
9.4

4.5
4.4
14.1

4.8
4.6
14.9

5.1
4.8
15.6

5.3
5.1
16.0

5.3
5.5
16.5

5.3
5.7
16.5

5.3
5.8
16.5

5.3
6.0
16.6

5.5
6.2
17.0

5.6
65
175

5.9
6.8
18.0

6.0
6.8
18.3

5.9
6.8
18.2

6.0
6.8
18.2

5.9
6.7
18.1

5.8
6.7
18.0

5.9
6.8
18.3

6.1
7.1
18.9

Table 2.2.—Personal Consumption Expenditures by Major Type of Product: Annual and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

III

1

IV

III

II

1

IV

II

1954

1953

1952

1951

1950
Line

IV

ill

I

III

II

IV

I

II

III

IV

1

209.7

2053

207.9

211.9

213.3

217.4

219.9

228.0

231.6

233.5

2344

234.2

236.4

239.1

241.4

246.0

35.6

315

333

284

28.3

28.4

28.9

29.1

27.4

314

334

32.9

32.7

32.1

31.4

32.1

31.6

333

3
4
5

15.6
16.5
3.5

14.5
13.6
3.4

14.4
15.9
3.6

12.2
13.2
3.6

11.2
13.4
3.7

10.9
13.8
3.8

11.3
13.9
3.7

11.5
13.7
3.8

9.6
13.9
3.9

12.8
14.6
4.1

14.3
14.5
4.2

14.1
14.7
4.1

13.8
14.8
4.1

13.2
14.8
4.1

12.8
14.6
4.0

13.3
14.6
4.2

12.4
14.8
4.4

13.5
15.3
4.4

6
Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Other

198.6

2

Other

2012

100.9

100.9

1075

107.4

109.4

112.0

111.4

113.7

115.9

117.9

118.1

118.1

117.6

1174

118.7

118.8

119.9

121.3

7
8
9
10
11

54.8
20.4
5.6
3.6
16.5

55.4
20.1
5.6
3.5
16.3

59.7
21.3
5.9
3.6
17.3

60.1
20.9
6.0
3.4
17.0

61.0
21.3
6.2
3.4
17.5

62.0
21.5
6.4
3.6
18.6

62.2
21.3
6.5
3.4
18.0

63.9
21.6
6.7
3.4
18.1

65.1
22.0
6.9
3.4
18.4

65.3
23.2
7.0
3.5
18.9

65.8
22.5
7.1
3.5
19.2

65.4
22.6
7.3
3.4
19.4

65.1
22.1
7.7
3.4
19.3

65.2
21.7
7.7
3.4
19.5

66.1
22.2
7.7
3.4
19.3

66.3
22.1
7.7
3.5
19.2

67.0
22.2
7.9
3.5
19.2

67.6
22.6
8.1
3.6
19.5

Housing „.
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Other

12

64.7

662

68.0

69.0

702

71.4

72.9

744

764

78.6

805

825

84.2

84.7

863

88.2

90.0

91.4

13
14
15
16
17
18
19

22.0
9.6

22.6
9.9

23.3
10.3

24.0
10.3

24.7
10.5

25.4
10.7

26.0
10.8

26.7
11.1

27.2
11.3

28.0
11.5

28.8
11.8

29.4
12.1

30.3
12.3

30.9
12.1

31.6
12.3

32.1
12.5

32.5
12.8

33.0
13.2

6.3
7.4
19.5

6.4
7.5
19.7

6.7
7.6
20.2

6.8
7.7
20.3

6.9
7.7
20.4

6.9
7.9
20.6

7.0
8.1
20.9

7.1
8.4
21.4

7.3
8.8
21.9

7.5
9.1
22.4

7.8
9.3
22.8

8.0
9.6
23.3

8.1
9.8
23.7

8.1
9.8
23.7

8.2
10.1
24.2

8.1
10.6
24.9

8.2
10.9
25.6

8.3
10.9
26.0

I

Services

II

III

IV

I

II

III

IV

III

IV

III

IV

1

Personal consumption expenditures
Durable goods
Furniture and household equipment
Other
Nondurable goods ...
Food

Other

1958

1957

1956

1955
Line

I

II

1

II

1959
II

269.7

272.8

278.0

282.3

284.5

289.1

290.9

2905

293.5

298.6

3025

310.4

316.4

1

252.2

257.2

2615

265.6

267.2

2

364

383

40.6

39.6

37.9

38.0

374

393

403

39.8

39.4

39.1

37.1

36.3

37.0

383

415

432

3
4
5

16.1
16.0
4.4

18.1
16.2
4.6

19.1
16.8
4.6

18.0
16.8
4.9

16.2
16.9
4.8

15.5
17.5
5.0

15.2
17.3
5.1

16.5
17.5
5.3

17.9
17.3
5.2

17.4
17.3
5.0

16.8
17.2
5.4

16.9
16.8
5.4

14.7
17.0
5.4

14.5
16.5
5.3

14.6
17.0
5.5

15.5
17.2
5.6

18.2
17.7
5.6

19.4
18.1
5.7

6

1223

1244

1254

1275

129.1

130.0

131.3

132.7

134.5

135.8

139.2

138.9

1394

1405

142.8

143.9

146.1

147.7

7

67.8
22.8
8.2
3.7
19.8

68.4
23.4
8.6
3.7
20.0

68.7
23.3
8.7
3.8
20.6

69.4
23.8
9.0
3.9
21.4

70.4
23.9
9.2
3.9
21.7

70.9
24.2
9.3
3.9
21.6

71.7
24.6
9.4
3.9
21.7

72.4
24.7
9.8
3.9
21.9

73.4
24.4
102
4.0
22.4

74.4
24.4
10.1
4.0
22.9

762
24.9
10.3
4.2
23.7

76.2
24.4
10.2
4.2
23.9

77.3
24.1
10.4
4.1
23.6

77.8
24.6
10.5
4.2
23.7

78.0
25.2
10.7
4.2
24.6

78.5
25.6
10.7
4.2
24.9

79.6
25.8
10.9
4.2
25.6

80.1
26.5
11.2
4.1
25.8

a
9

10
11

12

93.4

94 A

954

98.4

1002

1014

103.9

106.0

1074

108.9

1105

1124

113.9

116.4

118.9

1203

1223

1255

Household operation

13
14

33.5
13.5

34.1
13.8

34.7
14.4

35.2
15.0

35.8
15.1

36.4
15.3

37.0
15.5

37.6
15.6

38.3
15.9

38.9
16.2

39.7
16.5

40.4
16.8

41.1
17.1

41.7
17.5

42.3
17.6

42.9
17.6

Other

17
18
19

8.4
11.2
26.7

8.4
11.1
26.9

8.4
11.2
27.2

8.5
11.6
28.1

8.7
11.8
28.7

8.9
12.0
29.3

9.0
12.3
30.1

9.2
12.8
30.8

9.4
13.1
31.0

9.4
13.1
31.2

9.5
13.5
31.4

9.3
14.1
32.2

9.3
14.1
32.3

9.5
14.7
32.9

9.8
15.3
33.8

10.1
15.4
342

43.7
18.1
7.5
10.7
10.2
15.9
34.9

44.5
18.5
7.5
11.0
10.4
16.3
35.8

II
I

I
V

1

11

i
n

I
V

1

1
1

I)
I

I
V

1

I
I

II
I

I
V

1

II

321.7

3235

3273

333.2

333.1

335.0

335.7

3404

3435

350.7

355.3

3613

365.4

371.7

375.1

379.4

386.4

391.1

Services

Personal consumption expenditures
Durable goods
Motor vehicles and parts
Furniture and household equipment
Other

1

1962

1961

1960

1959
Line

1963
III

IV

2

44.1

41.8

432

44.1

435

42.4

39.9

405

42.1

44.2

45.2

46.4

46.9

484

50.0

51.3

52.0

53.1

3
4
5

20.2
18.2
5.7

17.7
18.3
5.8

19.4
18.1
5.7

20.0
18.3
5.8

20.2
17.8
5.6

19.0
17.7
5.7

16.6
17.7
5.6

17.2
18.1
5.6

18.0
18.4
5.7

19.5
18.8
5.9

20.4
18.8
5.9

21.4
19.0
6.1

212
19.5
6.2

22.9
19.7
6.3

23.6
20.0
6.4

24.3
20.4
6.6

24.5
20.9
6.6

25.1
21.3
6.7

Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Other

6

1493

150.9

1504

153.6

1534

1535

1552

156.0

1565

158.6

160.6

161.9

163.4

165.3

1665

167.0

169.4

169.9

7
8
9
10
11

81.1
26.4
11.2
4.0
26.4

81.8
26.8
11.7
3.9
26.7

81.3
26.9
11.6
4.0
27.1

82.9
27.2
12.1
3.8
27.6

82.3
26.9
12.2
3.8
27.9

82.9
26.8
12.2
3.9
28.2

83.8
27.1
12.0
3.8
28.5

84.0
27.3
11.9
3.9
28.9

83.8
27.7
12.1
3.7
29.3

84.4
28.4
12.1
3.7
30.1

85.3
28.5
12.3
3.8
30.8

85.7
28.9
12.5
3.7
31.1

86.6
29.1
12.5
3.6
31.5

86.9
29.4
13.0
3.9
32.1

87.2
29.3
13.0
4.2
32.6

87.7
29.6
12.9
3.9
32.9

88.7
30.2
12.9
4.0
33.6

89.4
30.1
13.0
4.0
33.5

12

128.4

131.1

133.3

1355

1364

138.7

1404

143.7

144.9

147.9

1494

152.9

155.0

1575

158.8

161.1

165.0

168.0

13
14
15
16
17
18
19

45.5
19.0
7.7
11.2
10.7
16.6
36.7

46.4
19.3
7.9
11.4
10.9
16.9
37.6

47.1
19.8
8.2
11.6
11.0
17.2
38.2

47.7
20.2
8.3
11.9
11.1
17.7
38.8

48.5
20.4
8.3
12.1
112
17.5
38.9

49.4
20.7
85
12.2
11.4
18.0
39.3

50.0
20.8
8.5
12.4
11.4
18.2
40.2

50.7
21.2
9.0
12.2
11.6
18.6
41.5

51.5
21.1
8.8
12.3
11.7
18.9
41.7

52.4
21.7
9.0
12.7
11.9
19.3
42.6

53.2
22.2
9.3
12.9
12.1
19.9
42.3

54.2
22.1
9.3
12.8
12.2
20.5
43.9

55.2
22.5
9.5
13.0
12.3
21.2
43.8

56.3
22.9
9.7
13.2
12.4
21.7
44.1

56.9
23.5
10.0
13.5
12.5
22.1
43.8

57.4
23.3
9.6
13.7
12.6
22.4
45.5

58.3
23.9
10.0
13.9
12.8
22.7
47.3

59.3
23.8
9.9
13.9
13.0
23.2
48.8

IV

Nondurable goods

I

1964

1965

Line
Personal consumption expenditures.
Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Other
Services
-Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Other




1966

1967

I

400.5

408.3

417.1

419.8

430.6

4373

4472

4615

472.0

477.1

486.4

4924

4964

5062

513.7

521.2

55.2

56.6

58.4

56.4

61.9

61.7

634

654

684

663

683

69.1

67.6

714

71.1

724

77.1

25.8
22.3
7.1

27.3
23.4
7.7

24.8
23.9
7.7

30.1
24.0
7.8

30.1
252

30.9
29.7
10.3

30.7
30.0
10.5

30.3
30.9

343
31.8

211.0

2154

218.0

220.9

95.6
33.1
13.8
4.3
35.5

97.0
33.3
142
4.2
36.4

992
33.3
14.7
4.3
372

105.5
35.6
15.3
4.6
39.0

107.6
36.6
15.5
4.4
40.1

110.3
37.9
16.2
4.8
41.9

211.7
110.2
37.9
16.5
4.9
422

213.9

94.6
32.7
13.7
4.3
35.6

29.1
27.6
9.6
208.0
109.1
37.1
15.9
4.6
41.3

28.1
29.4
10.1

185.0

32.1
27.3
9.6
2043

29.9
29.2
10.0

182.3

302
26.7
8.9
2004

30.0
28.9
9.9

181.0

29.3
24.5
7.9
188.7

91.2
31.4
13.3
3.9
34 2

26.1
232
7.3
1773
92.9
32.3
135
4.0
34.7

111.2
38.4
16.7
4.8
423

111.4
39.0
17.0
4.9
43.3

114.7
39.8
17.5
4.9
44.0

171.2

174.4

177.7

183.7

195.7
67.1
27.4

2064

2112

2153

2194

2283

2343

2405

60.8
25.0
10.3
14.7
13.3
25.4
49.8

187.4
64.8
26.3
10.9
15.4
14.3
28.1
53.8

198.7

60.0
242
10.2
14.0
13.2
24.3
49.6

181.1
62.9
25.7
10.6
15.0
13.7
27.3
51.7

112.5
39.6
17.2
4.7
43.9

228.1
118.0
41.5
18.1
4.9
45.6

69.9
28.6
11.6
17.0
15.9
31.4
60.8

71.1
292
11.7
17.4
16.5
32.7
61.7

722
29.4
11.7
17.6
16.9
33.2
63.7

73.2
30.1
12.3
17.9
17.1
33.6

76.1
31.0
12.6
18.4
17.7
34.7

77.5
31.6
12.8
18.8

78.7
31.9
12.7
19.3
18.6
38.5
73.1

174.1

61.8

25.3
10.5
14.8
13.5
26.4
50.7

63.7
25.6
10.6
15.0
13.9
27.9
52.6

82
.
1924
101.3
342
14.9
4.6
37.6
1913
66.0
26.8
10.9
15.9
14.6
27.8
55.7

11.1
16.3
15.0
28.0
58.1

68.0
27.2
11.2
16.0
15.3
28.7
59.5

2023
68.8

28.0
11.5
16.5
15.7
30.1
60.2

2244
74.7
302
12.2
18.0
17.4
34.0
68.2

10.8

5395

11.1

18.2

36.4
70.5

Table 2.2.—Personal Consumption Expenditures by Major Type of Product: Annual-and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

I

1
1

III

Perioral consumption expenditures
Durable goods .
Motor vehicles and parts
Furniture and household equipment
Other

Nondurable goods
Food
Clothing and shoes
Other

Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Other

IV

577.5

588.8

5994

609.2

2

569.1
83.3

83.6

854

85.9

3
4
5

37.6
33.9
11.9

37.5
33.6
12.5

38.6
342
12.7

38.0
34.9
13.0

6

239.4

242.0

246.4

7
8
9
10
11

124.1
44.1
18.9
4.6
47.7

125.9
44.4
19.0
4.5
48.2

127.8
45.5
19.6
4.7
48.8

12

246.3

251.9

13
14
15
16
17
18
19

80.3
32.6
13.1
19.5
19.1
40.1
74.3

82.2
33.2
13.3
19.9
19.5
41.8
75.3

1

IV

1

Other

Nondurable goods
Food

Other

Services

Other

86.9
37.4
35.6
13.9

31.6
36.2
14.3

42.1
36.6
14.0

43.7
37.3
14.5

45.0
38.0
14.8

47.3
39.3
14.9

269.8

273.7

278.4

2804

284.1

286.7

142.9
47.3
21.8
4.3
53.4

145.1
47.7
22.0
4.4
54.5

146.7
49.0
22.5
4.4
55.8

147.0
49.9
22.8
4.6
55.9

149.3
51.6
22.7
4.7
55.7

150.1
52.2
23.3
4.5
56.6

281.4

2864

294.6

3014

308.6

316.1

91.3
36.8
14.7
22.1
22.7
48.0
82.6

92.8
37.3
14.9
22.4
232
49.3
84.2

94.7
38.1
15.4
22.7
24.1
51.1
86.7

97.1
38.9
15.6
23.3
24.8
53.1
87.7

99.1
39.8
16.2
23.7
25.5
54.1
90.0

101.4
40.5
16.6
23.9
26.7
55.9
91.6

37.2
35.6
13.3

259.9

266.2

135.7
47.3
21.0
4.6
51.4

140.5
47.1
21.4
4.6
52.6

267.9

275.0

87.8
35.4
14.1
21.3
21.2
45.2
78.3

89.8
36.2
14.5
21.7
21.9
46.4
80.6

251.1

255.2

130.1
46.2
20.6
4.5
49.7

132.4
47.0
20.6
4.5
50.8

256.9

262.4

83.9
34.2
13.7
20.5
20.0
43.0
75.8

85.8
34.4
13.5
20.9
20.6
44.3
772

1974
III

IV

1

1044
48.3
40.9
15.7

50.1
41.4
16.6

51.2
43.0
17.2

54.8
44.4
17.9

2914

2954

3044

3114

3204

152.4
53.1
23.8
4.4
57.3

155.0
53.8
23.8
4.6
58.6

160.2
55.3
23.6
4.8
60.4

163.3
57.1
24.5
5.1
61.5

167.1
59.3
25.7
5.8
62.7

323.7

332.1

341.1

347.5

355.2

3654

103.9
41.4
16.7
24.7
27.7
57.8
92.8

106.3
42.4
17.1
25.3
28.5
59.5
95.3

108.7
43.3
17.4
25.9
29.3
61.4
98.4

110.7
44.5
18.1
26.4
29.6
62.7
100.0

113.1
45.8
18.4
27.4
30.0
65.0
101.3

115.7
47.6
19.7
27.9
30.4
66.2
105.4

III

IV

1

IV

II

894.4
118.9

922.4

2

876.1
121.1

3
4
5

59.6
46.9
18.8

57.4
47.5
19.2

55.7
48.2
19.9

52.0
48.9
20.2

47.7
50.4
20.8

6

330.3

337.0

347.6

357.4

369.1

3803

391.7

396.7

404.4

4155

427.7

435.0

4454

4525

7
8
9
10
11

171.9
61.5
26.9
5.7
64.3

175.5
62.2
27.4
6.2
65.7

183.4
62.7
28.0
6.3
67.3

187.7
63.6
30.3
6.9
68.9

193.7
65.1
32.1
7.2
71.1

197.5
66.3
36.5
7.8
72.2

205.3
67.2
37.6
8.1
73.4

210.6
65.4
38.3
8.2
74.3

215.0
67.9
38.0
7.8
75.7

220.6
70.4
38.7
8.4
77.4

226.5
72.1
40.5
9.0
79.6

230.4
72.9
41.6
8.6
81.5

235.8
74.6
42.0
9.3
83.6

240.0
75.4
42.2
9.6
85.4

12

371.6

381.0

389.4

397.6

4063

419.1

429.7

442.4

455.1

4685

480.6

495.7

510.7

5214

13
14
15
16
17
18
19

118.6
47.8
19.2
28.6
30.7
68.7
105.9

121.3
49.1
19.7
29.4
31.0
71.1
108.5

124.0
50.6
20.5
30.2
31.3
72.6
110.8

127.0
51.5
20.6
31.0
31.7
74.0
113.4

129.8
52.3
20.8
31.5
32.5
76.2
115.5

132.4
54.9
23.1
31.8
33.2
78.9
119.7

135.4
56.6
24.4
32.1
33.6
81.8
122.3

138.9
58.4
25.7
32.7
34.0
85.2
125.9

142,2
60.1
26.7
33.4
34.4
89.0
129.5

145.1
63.5
28.8
34.7
35.1
92.3
132.7

148.4
65.1
29.4
35.7
36.1
93.9
137.1

152.4
66.2
29.4
36.8
37.3
99.0
140.8

155.9
68.3
30.3
38.0
39.0
101.8
145.8

159.2
70.3
30.9
39.4
40.6
104.3
147.0

III

IV

III

IV

III

IV

2

54.3
52.8
21.7

46.4
51.0
21.2

1

IV

II

48.9
51.8
22.5

50.6
53.9
23.7

57.7
55.2
25.0

62.0
57.1
25.3

I

II

69.0
58.7
26.4

69.9
59.4
27.1

71.4
60.6
27.6

II

74.8
62 2
28.3

82.2
64.1
27.3

82.8
66.1
29.9

462.4

472.4

483.7

4924

245.0
77.5
43.2
102
86.6

248.7
79.1
44.8
11.4
88.3

256.9
80.4
45.7
11.0
89.7

261.6
82.1
46.9
10.6
90.8

537.7

5573

5734

5883

163.3
73.3
32.6
40.7
42.0
108.5
150.6

167.5
77.9
36.2
41.7
43.9
112.4
155.7

172.6
79.5
37.0
42.5
46.5
115.5
159.3

177.1
792
35.6
43.6
48.6
121.7
161.7

III

IV

1980

1979

1978

1977

1

49.7
51.8
21.5

I

982.7 1,0124 13464 1,075.1 1,110.2 1,130.2 1,1594 1,1954 1230.7 1,259.1
173.6
178.7
154.1
156.3 1594
1653
123.2
1284
138.0
144.4

860.8
123.8

1235

1977

1976
III

II

IV

802.9
117.0

642.1
124.1

957.8
118.6

III

778.1
111.4

1975

950.1
1284

II

759.9
108.1

827.2
125.2

1

III

Other

1

741.9

35.9
35.5
13.5

Line

Personal consumption expenditures
Durable goods

IV

724.5
1014

84.9

II

III

708.2
974

38.3
35.0
12.9

I

II

695.8
954

38.5
34.7
12.9

IV

1

681.6
92.7

86.1

III

II

IV

662.1
82.1

655.2

632.4

1973
I

III

642.7
88.0

621.1
86.2

Line

Personal consumption expenditures
Durable goods

II

1972

1971

1970

1969

1968
III

1

II

1981
1

II

1290.3 1328.1 1,358.3 1,417.4 1,450.6 1,488.7 15293 1,563.9 1,617.4 1,663.5 1,713.1 1,716.9 1,774.9 1,836.8 1,8903 15235 1,967.4 1,983.9
212.4
227.4 2384
223.0 2325
223.6
219.4 199.2
204.4 2044
2095
211.1
209.9 218.4 2164
1864
183.0
189.0

3
4
5

83.6
67.9
31.6

85.6
70.4
33.1

84.6
69.9
32.3

96.9
73.9
33.6

95.0
74.8
35.0

96.1
77.4
36.3

96.5
78.2
36.5

90.1
81.0
38.8

95.0
84.8
38.6

92.4
85.0
38.9

94.2
85.2
40.0

76.8
83.6
38.8

86.8
85.6
40.0

90.2
89.8
43.1

99.2
91.3
42.2

92.7
91.4
43.3

101.8
91.9
44.7

89.7
90.4
43.5

6

498.5

513.5

524.1

542.6

558.1

574.9

5935

610.1

635.3

657.1

679.2

6864

698.9

7174

745.1

7555

7625

7694

Other

7
A
9
10
11

262.9
84.6
47.0
11.0
92.9

268.4
89.3
48.0
11.6
96.2

275.4
89.6
48.1
12.3
98.6

285.1
94.1
48.9
11.9
102.6

294.3
95.5
50.5
10.8
106.9

302.1
98.0
53.0
11.1
110.7

313.2
98.1
56.4
12.6
113.2

319.1
99.5
61.5
13.8
1162

326.4
102.9
70.9
15.4
119.6

338.0
104.2
76.2
15.6
123.0

346.0
104.6
85.8
16.1
126.7

350.2
104.9
88.0
15.2
127.8

357.9
1082
86.0
15.2
131.6

367.4
111.6
87.0
15.3
136.5

376.2
115.1
98.2
15.5
140.1

381.4
116.5
98.5
16.1
143.0

384.7
118.8
97.0
15.9
1462

388.9
118.4
98.0
15.6
148.7

Services

12

6084

6254

6474

670.4

687.7

704.0

724.7

743.9

763.7

790.1

8144

831.7

863.6

895.9

912.6

9405

9665

9904

Other

13
14
15
16
17
18
19

181.7
83.5
38.8
44.8
50.4
126.3
166.9

186.7
85.4
39.2
46.2
51.2
128.5
173.8

192.8
88.2
41.0
47.2
52.0
133.2
181.3

198.7
30.4
42.1
48.4
53.3
138.7
189.3

204.2
91.9
42.0
49.9
54.1
141.9
195.6

210.9
94.2
43.3
50.9
54.6
146.4
197.9

216.3
97.6
46.0
51.6
55.7
151.1
204.0

222.2
98.6
46.0
52.6
58.4
155.6
209.2

229.6
100.1
46.2
53.8
60.0
159.6
214.4

238.2
103.6
48.9
54.6
62.3
165.7
220.4

244.1
107.7
51.8
55.8
63.3
171.2
228.3

250.5
110.4
54.7
55.7
63.1
175.5
2322

258.3
115.1
58.1
57.0
65.3
184.5
240.3

267.8
118.8
60.6
582
67.2
193.6
248.6

275.6
117.6
57.8
59.8
68.8
201.5
249.1

284.0
125.2
63.6
61.7
67.9
209.7
253.8

292.1
1282
64.9
63.3
69.0
217.5
259.8

300.1
132.9
67.5
65.4
69.0
223.5
265.4

Nondurable goods
Food

Personal consumption expenditures
Durable goods
Motor vehicles and parts
Other

Nondurable goods
Food
Clothing and slraes
Other

Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Other




1
2
3
4
5

II

1984

1983

1982
1

III

IV

1

II

III

IV

1

II

1985
III

IV

1

II

1986
III

IV

I

II

2,021.4 2,046.1 2,091.1 2,148.7 2,185.0 2357.2 2316.8 2374.7 24225 2,4755 25105 2560.6 2,6235 25734 2,7423 2,7795 23233 2355.6
3632
349.8 3544 3765
3703
384.7
315.0 3244 324.9 3365
254.6 274.7 2885 3033
238.1
250.1
233.2 2355
99.7
89.8
43.7

99.8
91.7
44.1

101.6
92.8
43.7

110.6
95.6
44.0

109.9
99.2
45.4

125.5
102.9
46.3

130.7
107.7
48.4

141.6
111.1
50.6

148.5
113.6
53.0

152.3
116.6
55.5

151.6
117.7
55.6

157.6
120.9
57.5

169.1
122.6
58.1

171.7
124.4
583

190.7
126.7
59.4

171.2
131.6
60.4

174.8
133.8
61.7

184.8
137.8
62.1

6

775.5

777.8

7922

801.9

8053

823.1

841.4

851.1

8654

882.7

888.6

8975

9094

923.0

931.7

9463

956.1

9494

7
8
9
10
11

392.8
119.8
96.9
15.3
150.6

399.9
118.6
92.0
14.3
153.1

405.9
120.9
94.6
14.3
156.5

411.8
122.7
93.0
14.0
160.5

413.9
124.6
90.6
12.6
163.7

420.2
129.7
91.6
13.9
167.6

427.0
132.4
95.4
14.1
172.5

430.3
136.8
94.7
13.8
175.6

437.9
139.1
93.9
14.4
180.1

444.1
143.1
95.8
14.1
185.7

450.7
142.2
93.5
13.7
188.4

4525
145.7
95.1
13.4
190.9

457.9
148.2
94.9
13.5
194.8

464.2
150.9
98.2
13.5
1962

468.2
153.4
97.7
13.5
198.8

475.5
156.1
98.0
13.7
203.0

483.7
159.1
94.3
12.6
2065

487.6
162.8
78.5
112
209.3

12
13
14
15
16
17
18
19

1,012.8 1,032.7 1,060.8 1,096.7 1,125.1 1,1594 1,1885 1320.2 12424 1,2685 1,297.1 1327.0 1364.7 1395.9 1,4333 1470.1 1,4964 15215
305.0
137.9
72.1
65.8
68.8
228.9
272.1

308.8
139.8
71.8
68.0
69.8
235.5
278.7

316.0
141.6
71.8
69.8
71.7
243.1
288.3

323.1
146.4
74.9
71.5
73.3
250.3
303.5

328.7
148.7
75.3
73.5
75.4
257.7
314.6

334.4
154.7
79.8
74.8
77.0
264.4
328.9

342.3
158.0
82.8
752
81.3
270.7
336.1

350.4
162.1
84.9
77.3
83.7
278.5
345.5

357.4
163.0
81.7
81.3
86.7
285.1
349.9

365.3
168.4
85.9
82.5
892
290.8
354.8

375.3
169.1
85.3
83.8
90.6
297.3
364.9

384.4
171.4
86.0
85.5
93.4
303.4
374.4

391.8
178.3
91.6
86.7
97.0
310.5
387.1

402.0
175.6
85.7
89.9
99.1
317.9
401.3

412.4
181.4
87.8
93.6
101.1
325.2
413.6

421.9
185.7
90.3
95.4
102.7
333.7
426.1

429.8
183.7
86.7
97.0
105.1
337.6
440.6

437.9
186.4
87.4
99.0
105.9
341.9
449.4

Table 2.2.—Personal Consumption Expenditures by Major Type of Product: Annual and Quarterly, 1946-94—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]

III
Personal consumption expenditures
Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Other

1
2
3
4
5
6

IV

II

1

1

IV

III

7
8
9
10
11

491.7
164.8
74.0
11.0
214.1

500.2
165.6
73.4
10.6
217.9

12

1548.7

15803

13
14
15
16
17
16
19

446.1
188.8
87.8
101.0
107.7
348.2
457.8

507.7
170.6
80.9
10.9
222.8

455.0
188.7
87.0
101.7
110.6
356.8
469.0

512.2
173.3
85.0
11.4
228.5

514.9
176.2
87.1
11.1
231.4

530.8
179.8
855
11.7
237.6

520.8
177.4
88.4
11.4
233.9

I

Other
Nondurable goods
Food

Other
Services

Other




III

IV

II

1

1990
IV

III

I

II

III

IV

544.5
182.5
86.5
11.5
242.8

559.9
187.2
87.8
11.5
247.6

569.8
194.3
88.7
10.9
253.4

584.6
198.8
100.7
11.3
264.2

576.1
194.9
91.2
10.6
259.4

592.7
201.3
98.2
10.9
270.4

600.1
204.6
96.5
12.7
276.0

617.6
205.8
102.8
11.5
283.0

627.5
205.6
100.4
11.3
285.3

637.1
206.8
109.6
12.7
290.0

639.7
205.5
124.1
12.6
2922

1515.2 1,645.8 1,678.9 1,715.3 1,7575 1,794.2 13412 1,877.6 1,911.4 1,937.6 1,969.1 2,0145 2,045.3 2,104.1 2,149.8 2,171.0
561.7
542.4
551.2
571.1
581.5
593.5
599.2
517.1
526.7
534.3
500.4
492.4
507.5
480.1
463.2
470.8
229.6
211.6
215.1
219.2
228.8
219.1
227.0
229.6
215.9
201.9
203.4
209.5
197.1
195.3
197.8
189.4
104.7
95.7
97.4
93.5
99.5
101.0
100.9
96.0
97.3
92.4
952
92.8
903
89.2
89.9
86.0
124.1
119.4
125.6
128.5
121.8
127.5
128.8
115.6
118.5
109.1
111.1
114.3
107.5
107.9
105.4
103.3
141.5
136.8
138.1
139.5
143.2
144.2
145.8
134.9
136.8
133.0
124.6
129.5
114.4
1185
123.1
116.8
497.1
5142
530.6
5472
447.4
470.0
481.0
558.8
437.0
460.3
387.1
395.7
408.7
421.7
365.9
375.8
587.4
599.3
564.1
573.2
579.5
621.8
635.3
637.5
544.6
557.1
495.4
522.0
532.1
487.2
507.0
4823

II

III

IV

1

II

19194

1993

1992

1991

Personal consumption expenditures

II

2^26.2 25655 35024 35705 3,134.2 3,171.3 3,247.1 3,3102 3382.3 3,459.2 3506.1 3,569.7 3,627.3 3,676.1 3,759.2 33115 35792 3,907.0
471.7
493.3
4725
4845
4775
473.2
461.9
464.5
4625
444.2
447.1
424.1
448.2
394.2
434.7
417.6
4133
422.0
223.4
224.1
208.1
211.5
208.5
198.0
210.9
210.7
214.5
202.9
209.3
207.1
191.4
209.0
197.5
197.4
174.5
212.5
175.3
178.9
176.4
175.0
173.7
168.7
173.2
174.2
163.4
170.3
161.7
152.1
157.3
152.5
146.2
148.0
148.9
143.5
88.2
90.9
89.7
89.7
81.4
84.8
86.3
90.2
84.8
77.7
79.4
80.9
73.6
74.0
71.7
73.6
74.0
66.0
9675
992.9 1510.4 1520.7 1,031.9 1,045.4 1,0673 1,094.0 1,117.1 1,132.3 1,159.6 1,173.6 1,189.8 1,220.7 1,230.2 1,256.2 1,274.1
955.6

Line

Durable goods

1989

1988

1987

1986
Line

III

IV
4,329.6

1

II

4365.4

4,428.1

III
4,488.6

IV

1

II

4554.9

4,616.6

4,6805

III
4,7505

IV
45202

1

3,910.7

3,961.0

4,001.6

4527.1

4,1275

4,1835

4,2385

2

449.0

452.7

462.0

4573

474.1

4813

4925

506.2

506.4

5242

537.2

553.1

563.2

572.4

583.3

5993

3
4
5

183.6
175.2
90.2

183.3
179.7
89.7

1925
180.6
88.8

191.1
178.3
87.9

199.1
184.8
90.2

204.0
186.5
90.8

208.3
190.6
93.6

216.1
195.5
94.6

212.4
198.0
95.9

224.3
202.1
97.8

228.5
207.6
101.1

239.6
212.0
101.5

244.1
216.2
102.9

243.3
223.5
105.7

245.4
229.7
108.2

253.7
235.4
1102

6

12683

1279.7

1283.4

12795

1303.1

1,308.4

13263

1,3495

1354.4

1,366.3

1,373.9

1,388.0

1,404.4

1,416.0

1,4395

1,453.7

7
8
9
10
11

644.0
207.2
108.4
11.9
296.8

652.9
212.7
103.6
10.8
299.6

653.2
214.1
102.1
11.3
302.7

649.8
211.1
101.4
11.0
3053

657.3
219.6
102.3
10.4
3135

652.3
222.3
1053
11.8
316.2

657.9
228.1
109.4
10.6
3202

672.3
232.1
108.9
10.8
325.4

676.4
231.3
109.7
10.8
326.3

684.1
235.4
107.6
10.5
328.8

690.2
238.0
105.5
10.9
329.3

696.6
241.6
107.7
10.7
331.4

703.9
244.1
106.2
11.7
338.4

711.8
245.0
105.1
10.1
344.0

718.5
249.0
111.8
10.6
349.6

723.7
253.2
114.3
9.8
352.7

12

2,1935

22285

22563

2,290.7

2,350.4

23933

2,420.1

2,4735

2504.6

2537.6

2577.4

2,6135

2,649.0

25922

2,7275

2,7672

13
14
15
16
17
18
19

605.8
230.7
101.6
129 2
143.0
568.2
645.7

612.9
239.9
108.1
131.8
143.9
578.6
653.3

619.7
2405
106.1
134.4
145.9
591.3
658.8

627.5
239.3
104.0
135.3
148.5
607.7
667.8

636.6
2415
102.1
139.4
154.9
624.2
693.2

643.4
248.8
1062
142.7
156.9
640.6
703.6

649.9
243.6
106.6
137.0
156.0
655.0
715.7

657.4
259.0
111.4
147.7
164.5
666.8
726.3

662.2
260.3
112.4
147.9
166.8
680.8
734.4

668.8
264.0
112.6
151.4
168.6
690.8
745.3

675.8
274.1
119.2
154.9
170.7
701.6
755.2

684.4
276.7
118.8
157.9
174.5
709.2
768.9

698.1
274.8
118.2
156.6
179.6
717.8
778.7

707.8
287.1
120.0
167.1
184.5
726.5
786.4

717.7
286.2
115.6
170.7
188.3
735.9
799.7

7272
286.6
112.8
173.7
192.6
746.4
814.5

Table 2.3.—Real Personal Consumption Expenditures by Major Type of Product: Annual and Quarterly, 1982-94
[Billions of chained (f992) dollars; quarters seasonally adjusted at annual rates]
1991

Line
Personal consumption expenditures
Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Other
Residual

1982

1983

1984

1985

1987

1988

1989

1992

1993

1

3,081.5

3,240.6

3,407.6

3,5665

3,708.7

3322.3

3,972.7

4,064.6

4,132.2

4,1053

42193

4343.6

4,4863

2

285.5

327.4

374.9

411.4

448.4

454.9

4835

496.2

493.3

462.0

488.5

523.8

5612

3
4
5

133.9
91.3
61.9

160.5
103.5
65.3

187.7
115.5
74.6

211.2
125.3
78.1

224.8
140.6
85.7

216.2
149.9
90.9

229.4
160.8
95.2

230.3
170.9
96.4

224.3
173.5
96.6

193.2
177.0
91.8

206.9
189.4
92.3

218.9
207.8
97.2

230.0
229.4
102.3

6

1986

1,080.6

1,1124

1,151.8

1,178.3

1,215.9

1,2393

1,274.4

13035

1316.1

1302.9

1,321.8

1351.0

1389.9

565.1
157.1
91.0
12.8
254.6

579.7
167.3
93.0
12.9
259.3

589.9
179.9
95.9
12.8
273.4

602.2
186.5
97.8
13.0
279.1

614.0
199.9
102.5
13.4
285.5

620.8
205.4
105.3
13.0
294.5

641.6
210.0
106.5
132
302.6

650.1
220.7
108.1
12.6
311.5

662.9
217.9
107.3
11.2
316.7

659.6
215.9
103.4
10.8
313.2

660.0
225.5
106.6
10.9
318.8

675.3
234.2
108.7
10.7
322.1

687.9
247.1
109.8
10.7
334.3

12

1,728.2

1,809.0

1,883.0

13775

2,041.4

2,126.9

2,2124

2,2623

23213

2,341.0

2,409.4

2,468.9

23355

13
14
15
16
17
18
19

500.9
187.0
90.3
96.0
109.9
442.2
484.5

511.8
193.0
93.0
99.3
117.0
459.7
524.9

531.8
197.7
93.6
103.6
128.6
472.4
549.9

551.1
205.6
96.1
109.1
140.6
490.7
587.0

565.5
209.8
95.1
114.7
145.7
510.3
608.5

583.4
219.4
98.4
120.9
151.0
537.3
635.0

600.9
229.2
103.4
125.7
159.0
561.3
661.6

614.6
237.6
105.6
132.0
160.8
575.8
672.8

627.2
240.1
103.7
136.4
159.9
602.8
691.2

635.2
243.4
107.0
136.4
152.3
621.6
688.4

646.8
248.2
106.6
141.7
158.1
646.6
709.7

654.7
261.5
112.3
149.2
163.1
655.3
734.5

674.3
270.5
112.5
158.0
175.2
662.1
754.0

20

-10.0

-6.6

-2.0

-13

2.5

.3

15

2.4

.6

-.1

-.4

-15

Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food .
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Other
Residual

1

III

1

IV

II

III

IV

1

3,054.0 3,062.1 3,080.1 3,129.7 3,156.5 3,220.0 3,267.1 3,318.6 33543

II
33975

Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Other
Residual




3,4184 3,4606 33112

II

1986
III

IV

1

II

33403 3302.1 3312.1 3,644.0 3,663.0

280.5

281.4

2833

296.7

299.9

322.7

334.9

352.1

365.9

3744

373.7

3853

3993

404.0

4295

412.6

4203

435.4

131.0
89.3
61.9

130.0
90.5
62.4

131.6
91.5
61.6

143.1
93.9
61.5

140.6
97.5
62.9

159.6
101.3
63.7

165.0
105.9
65.9

176.7
109.1
68.7

185.0
111.9
71.9

187.9
114.8
74.8

1855
116.2
74.7

192.5
119.3
76.9

204.5
120.8
77.4

206.9
123.1
77.2

229.0
126.2
78.2

204.5
130.9
79.5

207.9
133.7
81.1

217.7
138.5
81.3

7
8
9
10
11

1,0755 1,075.9 1,080.9 1,090.2 1,095.4 1,104.7 1,120.0 1,1295 1,135.7 1,1533 1,1564 1,161.2 1,167.7 1,1753 1,1815 1,1893 12043 1,2155
607.7
614.4
601.4
604.1
613.4
595.5
589.5
593.1
593.0
574.4
583.8
584.0
562.2
566.2
576.9
583.6
573.9
558.1
2012
187.8
189.8
195.1
181.7
183.3
185.0
176.4
182.0
179.3
173.5
154.5
161.3
166.3
168.1
1572
157.3
159.5
98.0
98.2
100.4
102.0
97.4
97.0
97.8
94.4
95.8
96.6
93.3
93.8
92.0
90.5
90.4
93.2
91.1
91.0
12.8
12.6
13.3
12.7
12.7
13.0
12.9
13.1
12.8
11.7
13.2
13.2
13.1
12.9
12.6
13.3
13.6
12.3
283.7
279.1
278.4
280.9
282.2
277.9
264.1
273.9
275.0
276.4
257.1
261.5
268.5
253.8
254.5
254.3
255.2
254.8

12

1,710.7 1,718.1

6

13413

13552

13
14
15
16
17
18
19

4992
188.6
93.3
94.4
109.3
436.9
472.0

499.7
186.5
90.3
95.4
109.1
440.3
478.8

501.4
185.8
88.6
96.6
109.8
443.2
486.1

503.5
187.3
89.1
97.7
111.5
448.5
501.2

505.4
186.7
88.0
98.3
114.1
454.4
511.1

508.5
192.0
92.1
99.3
115.1
459.2
524.5

513.8
1952
95.4
98.9
117.9
461.4
527.7

519.4
198.0
96.5
100.6
121.0
463.7
536.2

524.1
195.0
92.3
102.3
124.3
470.0
539.5

20

-8.4

-93

-11.4

-11.2

-10.7

-8.0

-45

-23

-3.1

1,7293 1,754.6 1,773.4 1,8013 1319.1

1

IV

I

III

II

IV

I

II

1,945.2 1362.8 1,9893 2,0113 2,020.1 23305

1,8705 13903

13155

528.1
199.8
95.8
103.2
127.2
469.7
542.4

534.4
197.0
92.7
103.9
1293
473.1
554.2

540.5
199.1
93.6
105.1
133.2
476.8
563.3

544.2
205.7
99.4
105.7
137.1
481.3
573.4

549.3
200.6
92.3
108.1
1402
486.8
584.3

553.7
205.3
94.5
110.6
141.6
494.3
5925

557.1
210.6
98.3
112.0
143.4
500.5
597.8

561.0
206.4
93.4
112.9
144.7
504.4
602.5

562.9
208.7
94.7
113.9
144.7
506.8
605.9

-.4

-25

-13

-3

-24

.1

-13

-13

23

I

II

1988

1987

1986

Motor vehicles and parts
Furniture and household equipment
Other

1

IV

2

III
Personal consumption expenditures

1985
III

3
4
5

1990

1989

Line

Durable goods

0

1984

1983

1982
II

1

Durable goods

1994

7
8
9
10
11

Line
Personal consumption expenditures

1990

III

IV

3,7423 3,764.8 3,765.7 3,814.0 3352.9 3356.5 3,924.2 3,952.2 3385.1

III

IV

I

II

III

IV

4,029.1 43323 4,0474 4,0832 4,0953 4,128.9 4,134.7 4,148.5 4,116.4

2

472.6

4654

4353

453.5

472.1

4583

480.9

4623

4773

492.7

4884

496.8

507.4

4922

5112

4954

490.4

4763

3
4
5

246.5
143.7
85.3

226.9
146.7
95.1

199.4
147.5
90.7

215.3
148.5
92.1

232.2
151.5
90.8

218.1
152.1
90.1

233.5
156.3
93.3

230.5
159.7
94.3

223.3
161.3
95.1

230.4
166.1
97.9

228.3
167.9
93.4

230.0
171.5
96.5

240.4
171.6
97.0

222.4
172.5
985

237.6
176.0
98.9

226.4
173.9
96.1

223.1
172.5
95.8

210.0
171.5
95.5

1,3163 13193

13084

6
7
8
9
10
11
12

1,2173 1,227.0 1,2333 12403
611.2
201.6
102.8
14.1
286.6

616.8
201.6
104.7
13.7
289.6

619.9
204.5
103.7
13.1
291.7

620.4
204.8
106.6
13.5
295.1

1,239.8 1,243.2 1254.9 12663
619.7
207.0
104.6
12.7
295.5

623.0
2052
106.1
12.9
295.8

629.9
207.7
104.9
13.4
298.6

639.4
206.2
1065
13.1
301.3

1281.0 1,2943 1,2953 1,2953 13082
646.0
211.1
1062
13.3
303.8

650.9
215.1
108.6
13.1
306.8

649.1
216.2
108.9
122
308.6

646.4
218.9
105.4
12.7
309.8

2,0473 2,0673 2,0973 2,1185 2,138.0 2,154.1 2,1853 2200.4 2,2245 2,238.9 22473 22522

650.4
223.9
108.3
12.3
313.0

1315.0 13192
652.5
223.7
110.0
135
314.7

659.0
221.5
109.3
10.7
318.5

6642
217.3
1075
11.8
315.8

665.5
217.6
107.4
12.3
316.7

662.9
215.1
104.9
9.9
315.6

22644 2,2853 2295.7 2321.1 23373 23312

13
14
15
16
17
18
19

566.9
211.4
95.7
115.6
146.5
511.6
609.1

571.4
212.8
96.5
1162
147.1
518.6
616.7

576.4
214.4
95.7
118.7
148.6
526.8
630.0

580.5
220.1
99.6
120.5
150.6
534.1
632.0

585.3
221.9
99.7
122.2
151.9
541.6
6365

5912
221.1
98.8
122.3
152.9
546.7
641.7

594.4
2265
102.9
123.5
156.0
554.0
6543

598.1
2262
102.0
124.1
158.4
558.4
659.0

603.0
2322
104.8
127.4
160.3
565.0
663.6

608.1
231.7
103.8
127.8
161.3
567.7
669.5

610.3
235.6
1052
130.4
160.8
572.6
666.9

812.8
233.2
102.7
130.4
160.6
572.7
672.4

615.9
236.2
103.7
1325
160.7
576.0
675.0

619.4
2455
110.7
134.7
161.1
581.7
677.0

623.4
233.7
98.6
1352
161.7
591.9
684.9

20

5.6

3.2

-1.0

.4

1.7

-.4

15

12

.9

2.0

23

23

25

23

1.7

626.3
241.3
104.8
136.4
160.9
600.7
691.7
5

628.5
243.7
106.2
137.4
159.7
608.0
697.4

630.6
241.9
105.3
136.6
157.3
610.6
6906

4

-.2

Table 2.3.—Real Personal Consumption Expenditures by Major Type of Product: Annual and Quarterly, 1982-94—Continued
[Billions of chained (1992) dollars; quarters seasonally adjusted at annual rates]
1993

1992

1991

1994

Line
1
Personal consumption expenditures
Durable goods
Motor vehicles and parts
Furniture and household equipment
Other.
Nondurable goods
Food .
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other househofi operation
Transportation
Medical care
Other
Residual

II

III

IV

1

II

III

IV

1

4^845

4,110.0

4,1195

4,109.1

4,173.8

4,196.4

4,226.7

4,2823

2

458.6

4605

4673

4615

476.1

481.1

491.9

3
4
5

191.4
173.0
94.4

189.6
177.7
93.2

197.2
1792
90.9

194.6
178.0
88.9

201.7
183.7
90.7

204.5
186.0
90.6

207.4
191.3
93.3

6

II

III

IV

I

II

III

IV

4,2865

43225

43665

4398.0

4,439.4

4,472.2

4,498.2

4,534.1

505.0

504.0

5195

529.9

542.1

550.7

5555

561.7

576.6

213.9
196.4
94.6

209.1
200.4
94.6

218.4
205.0
95.9

219.8
210.9
99.3

228.4
214.8
99.0

231.6
219.1
100.0

228.4
226.1
101.6

227.3
232.2
102.9

232.6
240.3
1045

1,300.6

1308.0

1307.1

1295.7

1314.4

1312.0

1321.1

1339.8

1,3375

1347.8

1,3565

1,361.8

1378.4

1385.5

1,393.2

1,402.5

7
8
9
10
11

658.7
214.0
103.3
10.4
314.3

661.5
218.9
104.0
10.8
312.8

661.6
217.5
103.8
11.4
312.7

656.5
213.1
102.5
10.6
312.8

661.0
220.4
1045
10.5
317.7

653.9
223.2
106.1
11.9
316.9

656.4
227.7
108.2
105
318.4

668.6
230.9
107.3
10.7
322.3

670.1
228.8
107.2
10.8
320.6

674.1
233.4
108.6
10.3
321.4

677.9
235.9
109.8
10.9
322.3

679.2
238.6
109.0
10.9
324.0

684.3
243.1
109.2
11.9
329.9

689.8
242.7
109.6
10.2
333.0

687.9
248.1
109.9
10.7
336.7

689.5
254.7
110.7
10.2
337.8

12

23253

23415

2345.0

2352.0

2,383.2

2,4032

2,413.6

2,437.6

2,4453

2,455.9

2,480.0

2494.4

2510.9

2531.4

2,543.8

2555.9

13
14
15
16
17
18
19

631.6
238.2
103.5
134.7
152.6
614.3
688.7

634.1
246.9
110.9
136.0
152.1
617.9
690.4

636.4
246.1
1085
137.6
151.8
623.3
687.3

638.6
242.5
105.1
137.4
152.6
630.8
687.4

642.6
243.6
103.2
1405
155.4
638.2
703.4

645.5
249.9
106.8
143.0
156.7
645.9
705.3

648.5
243.3
106.6
136.7
160.5
650.3
710.9

650.6
256.1
109.7
146.5
159.6
652.2
719.1

650.6
256.6
111.0
145.7
160.3
653.7
724.1

652.4
257.7
109.2
148.5
161.9
654.3
729.7

655.8
265.2
114.7
150.5
163.8
656.4
739.0

660.0
266.3
114.1
152.2
166.6
656.7
745.2

666.8
263.1
113.8
149.3
170.3
658.1
753.0

672.2
274.1
115.8
158.4
173.6
661.1
750.9

677.0
272.3
111.4
160.9
176.7
663.2
755.1

681.1
272.4
108.9
163.4
180.1
666.0
756.9

20

^4

.1

3

.2

-.2

-3

-.7

-1.0

-1.2

-15

-2.6

0

NOTE.—Chained (1992) dollar series are calculated as the product of the chain-type quantity index and the 1992
current-dollar value of the corresponding series, divided by 100. Because the formula tor the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.




1

.1

0

-A

The residual line is the difference between the first line and the sum of the most detailed lines,
Chain-type quantity indexes for the series in this table appear in table 7.4.

Table 2.4.—Personal Consumption Expenditures by Type of Expenditure: 1929-94
[Billions of dollars]
Une

Personal consumption expenditures .
Food and tobacco
Food purchased for olf-premise consumption (n.d.)...
Purchased meals and beverages1 (n.d.)
Food furnished to employees (including military)
(n.d.).
Food produced and consumed on farms (n.d.)
Tobacco products (n.d.)
Addenda: Food excluding alcoholic beverages (n.d.)
Alcoholic beverages purchased for offpremise consumption (n.d.).
Other alcoholic beverages (n.d.)

Clothing, accessories, and jewelry
Shoes (n.d.)
Clothing and accessories except shoes2
Women's and children's (n.d.)
Men's and boys' (n.d.).
Cleaning, storage, and repair of c ting and shoes
(s.).
Jewelry and watches (d.).
Other' (s.)

Personal care .
Toilet articles and preparations (n.d.)
Barbershops, beauty parlors, and health clubs (s.)

Housing
Owner-occupied nonfarm dwellings—space rent4 (s.)
Tenantoccupied nonfarm dwellings—rent5 (s.)
Rental value of farm dwellings (s.)
Other* (s.)

Household operation
Furniture, including mattresses and bedsprings (d.)
Kitchen and other household appliances'(d )
China, glassware, tableware, and utensils (d.)
Other durable house furnishings* (d.)
Semidurable house furnishings9 (n.d.)
Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (n.d).
Stationery and writ
1 utilities .
Electricity (s.)
Gas (s.)
Water and other sanitary services (s.)
Fuel oil and coal (n.d.)
Telephone and telegraph (s.)
Domestic service (s.)
Other(s.)

Medical care
Drug preparations and sundries11 (n.d.)
Physicians (s.) .
Dentists (s.)
Other professional services12 (s.)
Hospitals and nursing homes13
Hospitals
Nonprofit (s.)
proprietary (s.)
Government (s.)
Nursing homes (s.)
Health insurance ..
Medical care and hospitalization " (s.) .
Income loss 15 (s.)
Workers' compensation16 (s.)

Personal business .
Brokerage charges and investment counseling (s.) .
Bank service charges, trust services, and safe
deposit box rental (s.).
Services furnished without payment by financial
intermediaries except life insurance carriers and
private noninsured pension plans (s.).
Expense of handling life insurance " (s.)
Legal services (s.)
Funeral and burial expenses (s.)
Other (s.)
See footnotes and note at the end of the table.




1930

1929

1931

1933

1932

1934

1935

1936

1937

1938

1939

1942

1941

1940

1943

1944

1945

1

77.5

702

60.7

46.7

45.9

51.4

55.9

622

664

642

672

712

81.0

88.9

99.7

108.5

2

21.2

19.4

162

12.7

124

154

174

20.0

214

204

20.9

224

25.4

30.7

355

393

435

3

14.8
2.9
.3

13.5
2.8
.2

10.8
2.5
.2

8.2
2.1
.2

8.6
1.8

10.8
2.2

2

13.9
3.0
.2

14.8
3.5
.3

14.1

2

12.2
2.6
.2

14.2
3.6
.3

14.9
3.9
.3

17.0
4.6
.5

20.1
5.7
.9

22.3
7.1
1.7

24.1
8.1
2.4

26.2
9.5
2.8

.9
1.2

1.0
1.4

1.2
1.4

1.3
1.5

1.3
1.7

1.1
1.7

1.1
1.8

1.1
1.9

1.3
2.1

1.6
2.3

2.1
2.6

2.1
2.6

2.2
2.9

10.9
.2

12.2
1.5

13.6
1.9

15.3
2.5

16.5
2.6

15.6

15.7
2.4

16.6
2.5

19.2
3.0

23.3
3.6

27.4
4.0

29.9
4.7

332
5.1

4
S
6
7

1.6
1.7

1.4
1.5

1.2
1.5

.9
1.3

8
9

19.5
0

18.0
0

14.7
0

11.4
0

1195

10

0

0

0

0

.5

.5

.6

.7

.9

.9

1.0

1.1

1.2

1.5

1.9

2.1

2.4

11

112

9.7

82

6.0

5.4

6.6

7.0

7.7

8.1

84

8.4

8.9

104

13.1

164

17.5

19.6

12
13
14
15
16
17

1.7
7.7
4.7
3.0
0
1.1

1.4
6.7
4.1
2.6
0
1.0

1.2
5.7
3.5
2.2
0
.9

1.0
4.0
2.4
1.6
0
.7

.9
3.7
2.3
1.5
0
.6

1.1
4.6
2.8
1.8
0
.6

1.0
5.0
3.1
1.9
0
.7

1.1
5.4
32
2.2
0
.8

1.3
5.5
3.3
2.3
0
.8

1.3
5.5
3.3
22
0

1.2
5.9
3.6
2.3
0

1.4
7.1
4.3
2.8

.8

.8

1.3
62
3.8
2.4
0
.9

1.0

1.8
8.5
5.3
3.2
.7
12

1.9
10.5
6.9
3.5
1.0
15

2.0
11.6
7.8
3.8
1.0
1.6

2.3
13.1
8.8
4.3
1.1
1.7

18
19

.6
.2

.5
.1

.3
.1

.3
.1

.2
.1

2
.1

2
.1

.3
.1

.3
.1

.3
.1

.4
.1

.4
.1

.6
.1

.7
.2

.9
.2

1.0
2

1.2
.3

.2

20

1.1

1.0

1.0

3

.7

4

4

4

14

1.0

1.0

14

12

1.4

14

13

24

21
22

.6
.5

.5
.5

.5
.5

.4
.4

.3
.3

.4
.4

.4

.4
.5

.4
.5

.4

.5
.5

.5
.5

.6
.6

.7
.6

.9
.7

1.0
.8

1.1
.9

.4

.5

23

11.7

11.2

10.5

92

8.1

73

7.9

8.2

84

92

9.4

9.7

10.4

112

114

124

124

24
25
26
27

5.9
4.5
.9
.3

5.6
4.5
.9
.3

5.1
4.3
.8
.3

4.4
3.9
.7
.2

3.8
3.4
.6
.2

3.6
3.3
.6
.2

3.6
3.3
.7
.3

3.8
3.5
.7
.3

4.0
3.8
.7
.3

4.1
4.0
.7
.3

42
4.1
.7
.3

4.3
4.3
.7
.3

4.7
4.6
.8
.4

52
4.8
.8
.4

5.6
4.8
.9
4

6.1
4.8
1.0

5

6.5
4.7
1.1
.6

28

10.7

9.5

6.4

6.8

6.4

7.2

7.7

8.8

9.4

83

95

10.4

114

12.7

13.1

144

155

29
30
31
32
33
34

1.2
.7
.6
1.1
.7
.5

.9
.6
.4
.9
.6
.5

.8
.5
.4
.8
.5
.4

.5
.3
.4
.6
.4
.3

.5
.4
.4
.5
.4
.3

.5
.5
.4
.6
.4
.4

.7
.6
.4
.6
.5
.4

.8
.7
3
.8
.6
.4

.9
.8
.5
.9
.6
.5

.8
.6
.5
.8
.6
.5

.9
.7
.5
.9
.7
.5

1.1
.8
.5
1.0
.7
.5

1.3
1.1
.6
12
.9
.6

1.3
.7
.7
1.3
1.1
.7

12
.3
.6
1.4
1.3
.8

1.3
.2
.6
1.4
1.5
.8

1.5
.3
.8
15
1.5
.7

35
36
37
38
39
40
41
42
43

.1
3.1
.6
.5
.3
1.6
.6
1.7
.3

.1
3.1
.7
.6
.3
1.5
.6
1.5
.3

.1
2.9
.7
.6
.3
1.3
.6
1.1
.3

.1
2.6
.7
.5
.3
1.1
.5
.8
.3

.1
2.6
.6
.5
.3
1.2
.4
.7
.2

.1
2.7
.7
.5
.3
1.3
.4
.9
.3

.1
2.8
.7
.5
.3
1.3
.5
.9
.3

.1
3.0
.7
.5
.3
1.4
.5
1.0
.3

.1
3.0
.8
.5
.3
1.4
.5
1.2
.3

.1
3.0
.8
.5
.3
1.3
.5
1.0
.3

.1
3.1
.8
.5
.3
1.4
.6
1.1
.3

.2
3.4
.9
.6
.4
1.5
.6
12
.4

.2
3.6
1.0
.6

.2
3.9
1.0

.4
1.7
.7
1.2
.4

.4
1.9
3
1.5
.5

.3
4.1
1.0
.6
.4
2.0
1.0
1.6
.6

.4
4.2
1.1
.7
.4
2.0
1.1
1.9
.7

.4
4.5
12
.7
.4
2.2
12
2.1
.8

.6

44

3.1

3.0

2.7

2.3

2.1

23

2.4

2.6

24

24

34

32

35

33

4.4

4.9

52

45
46
47
48
49
50
51
52
53
54
55
56
57
58
59

.6
.1
1.0
.5
.3
.6

.6
.1
.9
.5
.2
.6

.5
.1
.8
.4
2
.6

.4
.1
.7
.3
.2
.5

.4
.1
.6
.3
.1
.5

.5
.1
.7
.3
.1
3

.5
.1
.7
.3
2
.5

.5
.1
.8
.3
.2
.6

.6
.2
.9
.4
2
.6

.6
.2
.8
.4
.2
.6

.6
.2
.9
.4
2
.6

.6
.2
.9
.4
.2
.7

.7
.2
1.0
.5
.2
.7

.8
.3
1.0
5
.2
.8

1.0
.3
1.1
.5
2
.9

1.1
.3
1.3
.6
.2
1.0

1.1
.3
1.4
.6
.3
1.1

Ii'

ii

!i

!i

,i

.1

.i

.i

.i

.1

2

2

.3

.3

.4

2

2

60

3.9

3.5

3.0

2.6

2.5

25

24

3.0

3.2

34

3.1

3.2

33

3.4

3.7

3.9

4.2

61
62

.8
.1

.5
.1

.3
.1

.2
.1

.4
.1

2
.1

.2
.1

.3
.1

.3
.1

2
.1

.2
.1

.1
.1

.1
.2

.1
.2

2
.2

2
.2

3
.2

63

1.0

.9

.7

.5

.4

.4

.5

.6

.6

.6

.6

.6

.7

.7

.7

.7

.8

64
65
66
67

.9
.4
.6
2

.9
.4
.5
.1

.9
.4
5
.1

.9
.3
.4
.1

.9
.3
.4
.1

.9
.4
.4
.1

1.0
.4
.4
.1

1.0
.4

1.0
.4
.5
.3

1.0
.4
.5
.3

1.0
.4
.5
.3

1.0
.4
.5
.3

1.0
5
.6
.3

1.0
5
.6
.4

1.1
5
.6
.4

1.1
.5
.7
.5

1.1
.6
.7

2

.4

Table 2.4.—Personal Consumption Expenditures by Type of Expenditure: 192^-94—Continued
[Billions of dollars]
Line

Transportation
User-operated transportation
New autos (d.)
Net purchases of used autos (d.)
Other motor vehicles (d.)
Tires, tubes, accessories, and other parts (d.)
Repair, greasing, washing, parking, storage,
rental, and leasing (s.).
Gasoline and oil (n.d.)
Bridge, tunnel, ferry, and road tolls (s.)
Insurance " (s.)
Purchased local transportation
Mass transit systems (s.) ...
Taxicabjs.)
Purchased intercity transportation
Railway (s.)
Bus (s.)
Airline is.)
Other 20 (s.)

1929

1930

1931

1932

1934

1933

1935

1936

1937

1939

1938

1941

1940

1942

1943

1944

1945

68

7.7

6.2

5.1

45

4.0

4.7

5.4

63

6.6

5.7

65

7.2

8.6

55

55

5.8

6.8

69
70
71
72
73
74

6.1
2.6
0
.1
.6
.8

4.7
1.6
0
.1

3.8
1.1
0
.1
.4
.5

3.0
.6

3.1
.8
0
.3
.4

4.3
1.5
0
.1
.4
.5

5.0
1.9
0
.1
.4
.5

5.4
2.0

0
.3
.4

3.6
1.0
0
.1
.3
.4

4.5
1.2
0
.1
.4
.5

5.2
1.6
0
.1
.5
.6

6.0
2.1
.1
.1
.5
.6

7.2
2.6
.2
.1
.7
.8

3.6
.1
.3
0
.3
.6

2.9
.1
.3
0
.4
.6

3.0
.1
.3
0
.4
.7

4.0
0
.3
0
.7
1.0

75
76
77
78
79
80
81
82
83
84
85

1.8
0
.1
1.1
.9
2
.5
.4
.1
0
.1

1.7
0
.1
1.1
.8

1.5
0
.1
.8
.7
.1
.3

1.5
0
.1
.7
.6
.1
.2
.2
0

1.6
0
.1
.8
.7
.1
.3

1.9
0
.1
.8
.7
.1
.3

2.6
.1
.2
1.0
.8
.2
.4
.2
.1
0

2.1
0
.1
1.3
1.0
.3
.7
.4

0
0
0

1.7
0
.1
.8
.7
.1
.3
.2
.1
0
0

2.1

.4
.3
.1
0
0

1.5
0
.1
.9
.8
.2
.3
.2
.1
0
0

0
0

1.3
0
.2
1.6
1.3
.4
1.0
.7
.3
0
0

1.4
0
.2
1.7
1.4
.4
1.1
.7
.3
0
0

1.8
0
.2
1.7
1.4
.4
1.1
.7
.3
.1
0

5
.6

2

0

2
0

0

0
0

0
0

2

0
.1
.4
.5

.1
0
0

.1
.8
.7
.1
.3
.2
.1
0
0

2.2
0
.1
.9
.7
.2
.4
.2
.1
0
0

2.3
.1

.1
.9
.7
.1
.4
.2
.1
0
0

2

2.1
0

0

2
.9
.8

2
.4
.2
.1
0
0

2
0

86

4.4

4.0

33

25

22

25

2.6

35

3.4

33

35

33

43

4.7

55

5.4

6.2

Books and maps (d.)
Magazines, newspapers, and sheet music (n.d.)
Nondurable toys and sport supplies (n.d.)
Wheel goods, sports and photographic equipment,

87
88
89
90

.3
5
.3
.2

.3
.5
.3

.3
.5
.3

.2
.4

2

.2
.5

2

.2
.6
.3

.6

2

2

.1

.1

2

2

2

.6
.3
.3

.3
.7
.4
.3

.4

.5
.2

.2
.5
.3

3

2

.2
5
.3
.2

2

.4
.2
.1

.2
.4
.2
.1

.4
.3

.5
.9
.5
3

.5
1.0
.6
.4

Video and audio products, computing equipment,
and musical instruments (d.).
Radio and television repair (s.)
Flowers, seeds, and potted plants (n.d.)
Admissions to specified spectator amusements
Motion picture theaters (s.)
Legitimate theaters and opera, and entertainments
of nonprofit institutions (except athletics) (s.l.
Spectator sports21 (s.)
Clubs and fraternal organizations22 (s.)
Commercial participant amusements23 (s.)
Pari-mutuel net receipts (s.)
Other 24 (s.)

91

1.0

.9

.5

.3

.2

2

.2

.3

.4

.3

A

5

92
93
94
95
96

0
.2
.9
.7
.1

0
.2
.9
.7
.1

0
.1
.9

0
.1
.6
.5
.1

0
.1
.6
.5

0
.1
.6
.5

0
.1
.7
.6
0

0
.2
.8
.7
.1

0
.2
.8

0
.2
.8

97
98
99
100
101

.1
.3

.1
.3

2
0

.1
.3
.1

0

2
0
.3

.3

0
2

102

5

5

103
104
105

.3
.2
.3

Religious and welfare activities" (s.)

106

Foreign travel and other, net

107

Recreation

hnik an#4 nlttuiiu un>rah
ooai5, am pleasure aircr&u Iii 1

Education and research
Higher education25 (s.)
Nursery, elementary, and secondary schools 2 ' (s.)
Other 27 (s.)

Foreign travel by U.S. residents29 (s.)
Expenditures abroad by U.S. residents (n.d.)
Less: Expenditures in the United States by
nonresidents30 (s.).
Less: Personal remittances in kind to nonresidents
(n.d.).
See footnotes and note at the end of the table.




.7
.1

2

0

0

0

2
.8
.6
.1

.1

.1
.2
.2

.3

.3

.3

.1
.2
.2
.1
.3

.6

5

.7

.7

.7

.3
.1

.3
.2
.2

.3

2
2

3
.2
.2

2
2

.9

5

.9

15

2

3

3

3

.1
.2
.1

.1
.2
.1

0
2

0

0
2

0

0

.2

.2

a

.7

5

5

.3
.2
.3

.3
.2
.2

.3

2
2

.3
.1
.2

.3
.1
.1

2

1.2

13

12

13

5

5

5

5

A

3

2

2

108
109
110

.6
0

.6
0

.4
0

.1

.1

0
.1

0

.1

111

0

0

0

0

0

.3
.1

.3

0
.1

0

2
.9
.7
.1

2
.1
0

.1
.2
.1

.3

.7
.1

.6
0

.1
.2
.2
0
.3

.1
.2
.1

.3
.1

.7
.1

.4
.3

.3

0
.1

0

.4

.4

.4

0

0

0

.1

.1

.1

0

0

0

.8

.6
0

.4
0

.2
1.0
.8
.1

.2
1.2
1.0
.1

.3

.3

.1
3
1.5
13
.1

.1
.3
1.6
1.3
.1

1.7

.1
.3

.1
.3

.1
.4
1.5
.1

.1

.1

2
2

2
2

.1
3

.1
.4

.4

.1
.3
.2
.1
.4

.7

5

5

1.1

1.1

1.1

3

2
2

.4
.2
.2

.4
3
.3

.4
.3
.4

5
.3
.3

.5
.3
3

15

1.1

1.1

13

15

1.7

13

2

.1

.1

2

3

5

12

.3

2
0

2
0

.1

2

.1

.1

.1
.3
.1

2

.1

.6
.2

.3
1.2
.2

0

0

0

.3

0
.1

0

0

2
.1

0

0

2
2
.5

0

Table 2.4.—Personal Consumption Expenditures by Type of Expenditure: 1929-54—Continued
[Billions of dollars]
Line

1946

1947

1948

1949

1951

1950

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

1

144.3

1623

1754

178.9

192.7

208.7

219.7

233.5

240.7

259.1

271.9

286.7

296.3

318.1

332.2

342.6

363.4

2

50.7

56.1

58.2

565

58.1

652

693

705

71.7

735

76.7

80.7

83.9

87.2

89.2

91.1

933

Food purchased for off-premise consumption (n.d.)...
Purchased meals and beverages' (n.d.)
Food furnished to employees (including military)
(n.d.).
Food produced and consumed on farms (n.d.)

3
4
5

32.7
10.9
1.3

37.9
10.9
1.0

39.6
11.0
1.0

38.6
10.8
1.0

39.8
11.1
1.1

44.2
12.7
1.6

46.7
13.6
1.8

47.8
14.1
1.7

49.3
14.4
1.5

50.9
14.9
1.3

53.1
15.6
1.2

56.2
16.3
12

58.8
16.4
1.2

60.8
17.5
1.2

62.0
18.1
1.2

63.2
18.5
1.3

64.2
19.6
1.3

6
7

2.5
3.4

2.6
3.7

2.5
4.0

2.1
4.1

1.9
4.3

22
45

2.1
4.9

1.9
5.1

1.7
4.9

1.6
5.1

1.5
5.3

1.4
5.7

1.4
6.0

1.2
6.6

1.1
6.9

1.0
7.1

.9
7.2

Addenda: Food excluding alcoholic beverages (n.d.)
Alcoholic beverages purchased for offpremise consumption (n.d.).
Other alcoholic beverages (n.d.)

8
9

39.0
5.6

43.7
5.9

46.3
5.1

44.8
5.0

46.0
5.1

52.4
5.1

55.3
5.5

56.3
5.6

57.7
5.5

59.3
5.7

61.7
5.8

65.2
5.9

67.9
5.9

70.1
6.3

71.6
6.5

73.2
6.5

74.6
7.0

to

2.7

2.7

2.8

2.7

2.8

3.2

3.4

3.5

3.5

3.6

3.8

4.0

4.0

4.3

4.3

4.3

4.5

11

22.0

22.8

24.2

233

23.7

255

26.6

274

27.2

28.4

29.7

304

304

324

32.7

33.5

35.0

12
13
14
15
16
17

2.8
15.1
9.7
5.4
.4
2.2

3.0
15.6
9.9
5.6
.2
2.4

3.1
16.8
10.9
5.9
.2
2.5

3.1
16.0
10.2
5.8
.2
2.5

3.3
16.0
10.0
6.0
.3
2.5

3.3
17.5
10.9
6.6
.4
2.7

3.3
18.5
11.6
6.8
.3
2.8

3.3
18.7
12.0
6.8
.2
2.9

3.3
18.9
12.0
6.8
.1
2.9

3.6
19.6
12.5
7.1
.1
3.0

3.8
20.5
13.1
7.4
.1
3.1

3.8
20.6
13.3
7.4
.1
3.2

4.1
20.7
13.5
7.2
.1
3.1

4.4
22.0
14.3
7.7
.1
3.2

4.5
22.4
14.6
7.8
0
3.3

4.6
23.0
15.0
8.0
.1
3.3

4.8
24.2
15.8
8.3
.1
3.4

Other3 (s.)

18
19

1.4
.2

1.4
2

1.4
.2

1.3
2

1.3

1.4
2

1.5
.3

1.6
.3

1.7
3

1.8
.3

1.8
.4

1.8
.4

1.9
.4

2.0
.5

1.9
.5

1.9
.6

2.0
.6

20

2.1

2.2

2.3

23

24

2.7

2.9

3.1

34

3.7

4.1

4.6

4.9

5.2

55

6.1

6.7

Barbershops, beauty parlors, and health clubs (s.) ...

21
22

1.1
1.0

1.2
1.0

1.3
1.0

1.3
1.0

1.4
1.1

1.5
12

1.6
1.3

1.7
1.4

1.8
1.6

1.9
1.7

2.2
2.0

2.4
2.2

2.6
2.3

2.7
2.5

3.0
2.6

3.3
2.8

3.6
3.1

Women's and children's (n.d)
Standard clothing issued to military personnel (n.d)
Cleaning, storage, and repair of doming and shoes
Is-).

2

23
Owner-occupied nonfarm dwellings—space rent 4 (s.)
Tenant-occupied nonfarm dwellings-rent 9 (s.)
Other* (s.)

14 2

165

173

195

21.7

243

274

29.9

323

344

36.7

394

425

45.0

482

51.2

54.7

24
25
26
27

7.4
4.9
1.3
.6

8.5
5.3
1.4
.8

9.7
5.9
1.5
.8

11.0
6.5
1.4
.8

12.4
7.1
1.5
.8

14.1
7.7
1.6
.9

15.9
8.4
1.7
.9

17.9
92
1.8
1.0

19.7
9.8
1.7
1.1

21.4
10.1
1.7
1.1

23 2
10.5
1.7
12

25.0
11.2
1.8
1.4

27.0
11.8
1.9
1.4

29.0
12.5
2.0
1.4

31.3
13.3
2.1
1.5

33.3
14.2
22
1.5

35.7
15.1
23
1.6

28
Furniture, including mattresses and bedsprings (d.)
Kitchen and other household appliances* (d.)
China, glassware, tableware, and utensils (d.)
Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (n.d).
Stationery and writing supplies (n.d.)
Household utilities
Electricity (s.) ...
Gas (s.)
Water and other sanitary services (s.)
Fuel oil and coal (n.d.)
Telephone and telegraph (s.)
Domestic service (s.)
Other'" (s.)

Medical cats
Drug preparations and sundries11 (ad.)
Ophthalmic products and orthopedic appliances (d.)
Physicians (s.)
Dentists (s.)
Other professional services12 (s.)
Hospitals and nursing homes13
Hospitals
Nonprofit (s.) ..
Proprietary (s.)
Government (s.)
Nursing homes (s.)
Health insurance ....
Medical care and hospitalization14 (s.)
Income loss 19 Is.)
Workers' compensation16 (s.)

Personal business....
Brokerage charges and investment counseling (s.) ...
Bank seivice charges, trust senrioes, and safe
deposit box rental (s.).
Services furnished without payment by financial
intermediaries except life insurance carriers and
private noninsured pension plans (s.).

Other'Ms.)




19.9

23.7

26.1

255

29.1

31.1

315

334

33.7

37 3

393

412

423

45.0

46.7

48.2

51.0

29
30
31
32
33
34

2.2
1.6
1.3
2.2
2.0
.9

2.5
2.9
1.3
2.4
2.1
1.5

2.8
3.1
1.4
2.7
2.4
1.6

2.7
2.8
1,4
2.7
2.3
1.6

3.1
3.6
1.5
3.1
2.6
1.8

3.2
3.5
1.6
3.5
2.8
2.0

3.5
3.5
1.6
3.2
2.6
1.9

3.7
3.6
1.6
3.1
2.6
2.1

3.8
3.7
1.6
2.9
2.4
2.3

4.4
4.1
1.7
3.3
2.6
2.5

4.6
4.3
1.8
3.6
2.7
2.7

4.5
4.3
1.7
3.8
2.7
2.9

4.5
4.1
1.7
3.8
2.6
3.1

4.8
4.4
1.7
4.1
2.7
3.5

4.7
4.3
1.7
4.2
2.8
3.7

4.8
4.3
1.8
4.3
2.9
4.2

5.1
4.3
1.9
4.6
3.2
4.6

35
36
37
38
39
40
41
42
43

.4
5.0
1.3
.8
.5
2.5
1.3
2.1
.8

.4
5.8
1.5
.9
.5
3.0
1.4
2.3
.9

.5
6.6
1.7
1.0
.5
3.4
1.6
2.4
1.0

.5
6.5
1.9
1.0
.6
3.1
1.7
2.4
1.0

.5
7.3
2.1
12
.6
3.4
1.9
2.6
1.1

.6
7.9
2.4
1.3
.7
3.5
2.2
2.7
12

.6
8.3
2.7
15
.7
3.5
2.4
2.6
1.3

.7
8.7
2.9
1.6
.8
3.4
2.7
2.7
1.4

.7
9.4
3.2
1.8
.8
3.5
2.8
2.6
1.5

.8
10.2
35
2.0
.9
3.8
3.1
3.1
1.6

5
11.0
3.8
2.3
1.0
3.9
3.3
3.3
1.7

.9
11.6
4.1
2.4
1.1
4.1
3.6
3.3
1.8

.9
12.3
4.4
l!l

1.1
12.9
4.7
2.9
1.2
4.0
4.2
3.6
2.1

1.1
13.5
5.1
3.3
1.4
3.8
4.5
3.8
2.3

1.1
14.1
5.3
3.5
1.5
3.8
4.8
3.7
2.3

1.2
14.8
5.7
3.8
1.6
3.8
5.1
3.8
2.4

44

6.4

75

85

83

94

103

113

124

134

14.2

155

17.1

18.8

20.6

22.1

235

26.2

45
46
47
48
49
50
51
52
53
54
55
56
57
58
59

1.3
1.8
.8
.3
1.4

1.3
.4
2.1
.8
.4
1.7

1.5
.4
2.4
.9
.5
1.9

1.6
.5
2.5
.9
.5
2.1

1.7
.5
2.6
1.0
5
2.3

2.0
.5
2.7
1.0
.5
2.6

2.1
.6
3.0
1.1
.5
2.9

2.2
.6
3.3
1.2
.6
32

22
.6
3.7
1.4
.6
3.5

2.4
.6
3.8
1.5
.7
3.8

2.7
.7
42
1.7
.7
4.2

3.0
.7
4.6
1.8
.8
4.7

4

3

3
.3
.3
.3

3
.2
.3
.3

.9
.3
.3
3

3
.3
.3
.3

i'.i'
.4
3
3

13
5

1.4
.6
.4
.4

14
.6
.4
.4

15
.7
5
.4

1.5
1.1
0
.4

3.5
.6
5.5
2.0
1.3
6.0
5.7
4.2
.5
.9
.3
1.7
.7
.5
.4

3.9
.6
5.8
2.0
15
6.5
6.1
4.6
.5
1.0
.4
1.8
.8
.5
.5

4.3
.6
5.9
2.1
1.7
7.0
6.5
4.9
.6
1.0
.5
2.0
.9
.6
.5

4.6
.8
6.5
2.3
2.1
7.8
7.3
5.4
.7
1.2
.5
2.2
1.0
.6
.5

.4

.4

14
.6
.4
.4

60

43

53

5.8

6.0

65

7.2

75

83

9.1

10.1

114

115

125

135

14.6

154

162

61
62

.3
2

.3
.3

.3
.3

.3
.3

.5
.4

5
.4

.4
.4

.4
.5

.6
.5

.7
.6

.7
.7

.7
.7

.9
.8

1.2
.9

1.2
.9

1.6
1.0

1.5
1.0

1.5

1.7

1.8

1.9

2.4

2.7

3.1

3.4

35

3.6

4.4

4.7

4.6

1.6
.8
.9
.6

1.8
.9
.9
.6

3.6
2.0
1.5
1.1

3.7
2.3
1.5
1.1

3.9
2.4
1.6
1.1

63

\2

1.3

64
65
66
67

1.2
.6
.7
.5

1.4
.7
.8
.6

1.4
15
5

.8
.6

1.9
1.0
1.0
.7

2.0
1.0
1.0
.7

.4

2.1
1.1
1.1
.7

22
1.3
1.1
.7

25
1.4
1.1

2.8
1.4
12

.8

.8

3.1
1.6
1.3
.9

3.2
1.8
1.4
.9

4.1
3.2
1.9
1.4
1.0

Table 2.4.—Personal Consumption Expenditures by Type of Expenditure: 1929-94—Continued
[Billions of dollars)
Une

Transportation

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

68

Recreation
Books and maps (d.)
Magazines, newspapers, and sheet music (n.d.)
Nondurable toys and sport supplies (n.d.)
Wheel goods, sports and photographic equipment.
boats, and pleasure aircraft (d.).
Video and audio products, computing equipment,
and musical instruments (d.).
Radio and television repair (s.)
Flowers, seeds, and potted plants (n.d.)
Admissions to specified spectator amusements
Motion picture theaters (s.)
Legitimate theaters and opera, and entertainments
of nonprofit institutions (except athletics) (s.).
Spectator sports21 (s.)
Clubs and fraternal organizations22 (s.)
Commercial participant amusements23 (s.)
Pari-mutuel net receipts (s.)
Other 2 " (s.)

15.9

184

21.8

25.4

25.1

253

293

29.1

344

344

364

35.1

40.7

425

415

46.3

69
70
71
72
73
74

9.5
2.0
.4
.3
1.4
1.7

13.0
4.0
.8
.4
1.4
2.0

155
5.0
1.2
.5
1.3
2.2

18.9
7.7
1.3

22.6
10.3
1.4
5
1.5
2.5

22.1
8.6
1.5
5
1.5
2.9

22.3
8.0
1.3
.4
1.6
3.1

263
11.1
.9
.4
1.5
3.5

26.1
10.8
.5
1.3
3.6

31.9
13.8
1.9
.5
1.6
3.9

31.1
11.6
2.0
.6
1.7
4.3

33.7
12.6
2.1
.6
2.0
4.6

32.0
9.7
2.5
.5
2.1
4.8

37.5
13.2
2.7
.6
2.4
5.2

39.5
14.0
2.6
.6
2.5
5.5

38.1
12.1
2.6
.5
2.6
5.8

42.8
15.0
2.9
.7
2.8
6.2

75
76
77
78
79
80
81
82
83
84
85

3.4
.1
3
1.9
1.4
.5
1.0
.6
.3
.1
0

4.0
.1
.4
1.9
1.4
.5
1.0
.5
.3
.1
0

4.8
.1
.5
2.0
1.5
.5
1.0
.5
.3
.1
0

5.3
.1
.6
2.0
1.5
.5
.9
.5
.3
.1
0

5.5
.1
.8
1.9
1.4
.5
.9
.4
.3
.1

6.1
.1
.9
2.0
1.5
.5
1.0
.4
.3

6.8
.1
1.0
2.0
1.5
.5
1.1
.5

7.4
.2
1.3
2.0
1.5
.5
1.1
.4
.3
.3

7.8
.2
1.5
1.9
1.4
.5
1.0
.4
.3
.3

8.6
.2
1.4
1.9
1.4
.5
1.1
.4
.3
.3

9.4

10.6
.3
1.6
1.9
1.3
.6
1.1
.3
.3
.5
0

11.3
.3
1.9
2.0
1.4
.6
1.2
.3
.3
.6
0

12.0
.3
2.0
2.0
1.4
.6
1.3
.3
.3
.7

0

102
.2
1.4
2.0
1.4
.6
1.2
.4
.3
.4
00

12.0
.3
2.1
2.0
1.4
.6
1.4
.3
.3
.8
0

12.6
.4
2.1
2.0
1.4
.6
1.5
.3
.3
.9
0

86

User-operated transportation
New autos (d.)
Net purchases of used autos (d.)
Other motor vehicles (d.)
Tires, tubes, accessories, and other parts (d.)
Repair, greasing, washing, parking, storage,
rental, and leasing (s.).
Gasoline and oil (n.d.)
Bridge, tunnel, ferry, and road tolls (s.)
Insurance " (s.) .,
Purchased local transportation
Mass transit systems (s.)
Taxicabjs.)
Purchased intercity transportation
Railway (s.)
Bus (s.)
Airline (s.)
Other 20 (s.)

125

8.6

93

9.7

104

11.2

11.7

124

13.1

135

144

154

15.9

16.3

17.7

185

19.2

204

87
88
89
90

.6
1.1
.8
.8

.5
1.2
.9
1.0

.6
1.4
1.1
1.0

.6
1.5
1.2
.8

.7
1.5
1.4
.9

.8
1.6
1.7
.9

.8
1.7
1.7
1.0

.8
1.8
1.7
1.1

.8
1.8
1.6

12

.9
1.9
1.8
1.4

1.0
1.9
2.0
1.6

1.0
2.0
2.0
1.7

1.0
2.1
2.1
1.9

1.1
2.1
2.4
2.0

1.1
2.2
2.5
2.0

1.2
2.0
2.7
2.0

1.3
2.3
2.9
2.0

91

1.1

1.4

1.5

1.7

2.4

2.2

2.4

2.6

2.8

2.9

3.0

2.9

2.8

3.1

3.0

3.2

3.4

92
93
94
95
96

.1
2.1
1.7
.2

.1
.4
2.0
1.6

.2
.4
1.9
1.5
.2

.2
.5
1.9
1.5

.3
.5
1.8
1.4
.2

.4
.5
1.8
13
.2

.4
.5
1.7
1.3

.5
.6
1.7
1.3
.2

.5
.6
1.8
1.4

.6
.6
2.0
1.5

.7
.6
1.8

2

2

.6
.6
2.1
1.5
.3

.8
.6
1.7
1.1
.3

.8
.6
1.7
1.0
.3

.9
.7
1.8
1.0
.3

.9
.7
1.8
1.0
.3

1.0
.9
1.9
1.0
.4

97
98
99
100
101

.2
.4
.3
.2
.5

2

.6
.4
.3
.8

.2
.6
.4
.4
.9

2

.6
.5
.4
1.0

.3
.9
.9
.5
1.6

.4
.9
1.1
.5
1.8

.4
1.0

12

.7

.2
.6
.4
.3
.7

2

.5
.4
.2
.6

.2
.5
.4

2

5
.3
.3
.6

.2
.5
.3
.3
.6

.5
1.0
1.4
.7
2.1

.4

2
2

.4
1.2
2.4

2

2

.4

2
0

.2
0

0

2

.4

0

0

2
1.4
2.0
1.4
.6
1.1
.4
.3
.4

12
.3

.7
.5
.4
1.1

.2
.7
.6
.4
1.2

.3
.8
.6
1.3

.3
.8
.7
.5
1.4

.4

0

.6
1.9

102

1.2

14

1.7

1.8

14

2.1

2.2

2.4

25

24

3.1

3.4

3.7

44

43

4.7

5.1

103
104
105

.6
.3
.3

.7
.3

.8
.5
.4

.9
.5
.4

.9
.5
.5

1.0
.6
.5

1.0
.7
.5

1.0
.7
.6

1.1
.8
.6

12
.9
.7

1.4
1.0
.7

1.5
1.1
.8

1.7
1.2
.9

1.8
1.3
.9

2.0
1.4
.9

2.2
1.6
.9

2.4
1.8
.9

Religious and welfare activities ' (s.)

106

2.1

23

25

2.4

25

34

3.2

3.4

34

44

44

4.5

5.0

53

5.6

54

Foreign travel and other, net

107

2.1
-.1

0

5

.6

.7

4

1.1

15

15

14

1.7

1.7

1.9

2.0

2.1

2.0

23

108
109
110

.5
.1

.9

1.0

.8

.5

.9
.3
.5

.6

.4

.7
.3
.4

.9

2

.4

.6

.6

1.2
1.1
.7

1.3
1.1
.7

1.5
1.1
.8

1.6
1.1
.9

1.7
1.1
1.0

1.9
1.1
1.0

2.1
1.1
1.1

2.3
1.1
1.1

2.3
1.0
1.1

2.6
1.0
1.1

111

.3

.3

.3

.2

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

Education and research
Higher education25 (s.)
Nursery, elementary, and secondary schools26 (s.)
Other" (s.)
2

Foreign travel by U.S. residents29 (s.)
Expenditures abroad by U.S. residents (n.d.)
Less: Expenditures in the United States by
nonresidents30 (s.).
Less: Personal remittances in kind to nonresidents
MJ.
See footnotes and note at the end of the table.




.4

.6

.4

Table 2.4.—Personal Consumption Expenditures by Type of Expenditure: 1929-94-Continued
[Billions of dollars]
Line

1963

1964

1965

1966

1967

1968

1969

1970

1971

648.1

7025

1972
770.7

1975

1976

1977

1978

1979

8515

9312

1,029.1

1,1485

1277.1

1,4285

15935

1973

1974

1

383.0

411.4

4443

481.9

5095

5595

604.7

2

95.8

101.1

108.8

117.9

1214

131.7

1413

154.6

1615

173.6

1925

2155

2382

259.2

2794

3075

343.4

Food purchased for off-premise consumption (n.d.).
Purchased meals and beverages' (n.d.)
Food furnished to employees (including military)
(n.d.).
Food produced and consumed on farms (n.d.)
Tobacco products (n.d.)

3
4
5

65.6
20.5
1.4

69.5
21.9
1.4

74.5
23.9
1.5

80.8
25.9
1.8

83.0
26.8
1.9

89.4
30.2
2.0

96.0
32.7
2.1

104.4
36.5
2.1

108.2
38.8
2.0

115.5
43.0
2.0

128.0
48.4
2.2

144.7
532
2.7

158.5
60.4
3.2

169.6
68.0
3.6

1825
75.0
3.7

198.9
85.0
4.3

2213
96.7
4.9

6
7

9
7.5

.8
7.6

.8
8.1

.8
8.5

.7
8.9

.7
9.4

.7
9.8

.8
10.6

.7
11.3

.9
12.2

1.1
13.2

1.1
14.1

1.1
15.1

1.1
16.8

1.1
17.0

1.1
183

1.3
192

Addenda: Food excluding alcoholic beverages (n.d.)
Alcoholic beverages purchased for offpremise consumption (n.d.).
Other alcoholic beverages (n.d.)

8
9

76.4
7.2

81.2
7.6

87.8
7.9

95.5
8.4

98.4
8.8

106.9
9.8

114.8
10.9

125.1
12.3

129.3
13.7

139.3
145

155.6
15.9

175.6
17.6

194.6
19.1

211.8
20.3

229.3
21.9

253.0
23.6

283.3
26.6

Personal consumption expenditures .
Food and tobacco

Clothing, accessories, snd jewelry
Shoes (n.d.)
Clothing and accessories except shoes2
Women's and children's (n.d.)
Men's and boys' (n.d.)
Standard clothing issued to military personnel (n.d)
Cleaning, storage, and repair of clothing and shoes
(s.).
Jewelry and watches (d.)
Other' (s.)

10

4.6

4.8

5.1

5.4

5.2

5.6

5.8

6.4

6.6

7.3

8.1

8.6

9.5

10.3

11.2

12.6

14.3

11

36.0

39.1

41.4

455

475

525

56.2

575

615

67.1

74.7

793

855

93.7

1023

115.1

1234

12
13
14
15
16
17

4.8
24.9
16.4
8.5
.1
3.5

5.2
27.1
17.8
9.3
.1
3.6

5.4
28.6
18.6
9.9
.1
3.8

6.0
31.2
202
11.0
.2
4.0

6.4
32.6
20.9
11.8
2
4.1

7.1
35.9
23.0
12.9
.2
4.3

7.8
38.5
24.6
13.9
.2
4.5

7.8
39.8
25.6
14.3
2
4.5

8.1
43.4
28.1
15.3
.1
4.3

8.9
47.4
30.4
17.0
.1
4.5

9.8
52.6
33.7
18.9
.1
4.4

9.9
56.0
38.0
20.0
.1
4.4

10.3
60.4
38.8
21.6
.1
4.5

11.1
65.5
42.1
23.3
.1
4.7

12.2
71.8
45.9
25.8
.1
4.9

14.1
80.1
51.7
28.4
.1
5.3

16.0
85.0
55.0
30.1
.1
5.5

18
19

2.2
.6

2.4
.7

2.7
.8

3.2
.9

3.5
1.0

3.8
1.2

4.0
1.2

4.1
1.3

4.4
1.3

4.8
1.5

6.0
1.8

7.0
1.9

8.1
22

9.8
2.5

11.0
2.7

123
3.2

13.0
3.7

20

Personal care .
Toilet articles and preparations (n.d.)
Barbershops, beauty parlors, and health clubs (s.) ...

7.0

75

8.1

9.0

93

10.6

11.1

115

12.1

125

14.1

154

16.7

182

20.7

225

245

21
22

3.9
3.2

4,2
3.4

4.5
3.6

5.0
4.0

5.4
4.4

5.9
4.7

6.2
4.8

6.6
5.2

6.9
5.2

7.4
5.4

8.3
5.8

9.3
6.1

10.3
6.5

11.3
6.9

12.6
8.2

14.0
8.9

15.5
9.4

23

Housing
Owner-occupied nonfarm dwellings-space rent 4 (s.)
Tenant-occupied nonfarm dwellings—rent3 (s.)
Rental value of farm dwellings (s.)
Other 6 (s.)

58.0

61.4

654

695

74.1

79.7

865

94.0

102.7

112.1

122.7

134.1

1475

1615

1795

201.7

2265

24
25
26
27

37.8
16.0
2.4
1.8

40.0
17.0
2.4
1.9

42.7
18.2
2.5
2.1

45.3
19.2
2.6
2.3

483
20.4
2.7
2.6

51.9
22.2
2.8
2.8

56.6
24.0
3.0
3.1

61.3
26.0
3.3
3.4

67.3
28.4
3.5
3.5

73.7
30.8
3.7
3.8

81.0
33.7
3.8
4.3

89.7
353
3.9
4.7

98.8
39.0
4.0
5.3

108.7
42.6
4.1
6.2

121.3
47.0
4.3
6.8

138.1
51.1
4.6
7.8

156.9
55.7
4.9
9.2

28

Household operation
Furniture, including mattresses and bedsprings (d.)
Kitchen and other household appliances7 (d.)
China, glassware, tableware, and utensils (d.)
Other durable house furnishings8 (d.)
Semidurable house furnishings9 (n.d.)
Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (n.d).
Stationery and writing supplies (n.d.)
Household utilities
Electricity (s.)
Gas (s.)
Water and other sanitary services (s.)
Fuel oil and coal (n.d.)
Telephone and telegraph (s.)
Domestic service (s.)
O t h e r ( s . ) ..

54.0

58.4

62.1

675

71.0

763

81.1

843

90.0

993

1112

1233

1354

151.9

1705

1895

211.7

29
30
31
32
33
34

5.5
4.5
1.9
5.1
3.3
4.9

6.1
4.9
2.1
5.8
3.7
5.3

6.5
4.9
2.4
6.3
3.9
5.7

7.0
5.3
2.7
6.9
4.3
6.3

7.3
5.5
2.9
7.2
4.6
6.7

7.9
6.2
3.3
7.9
4.9
7.1

8.4
6.8
3.4
8.0
4.9
7.6

8.6
7.3
3.5
7.9
4.9
8.2

9.2
7.9
3.6
8.1
5.0
8.4

10.4
9.0
4.0
9.0
5.3
8.9

11.8
9.9
4.6
10.3
5.9
10.0

12.5
10.3
5.1
11.5
6.3
11.4

123
10.6
5.6
12.0
6.6
12.5

14.1
11.5
6.3
13.5
7.2
13.5

16.3
12.7
7.1
15.2
7.9
14.6

18.0
13.6
8.3
17.0
8.7
16.8

20.3
14.8
9.3
18.9
9.7
19.4

35
36
37
38
39
40
41
42
43

1.3
15.7
6.0
3.9
1.8
4.0
5.5
3.8
2.6

1.4
16.5
6.3
4.1
1.9
4.1
5.9
3.9
2.8

1.5
17.4
6.6
4.3
2.1
4.4
6.5
4.0
3.1

1.7
18.3
7.0
4.5
2.2
4.7
7.0
4.0
3.5

1.8
19.3
7.5
4.7
2.2
4.8
7.7
4.2
3.9

2.0
20.1

4.4
4.2

2.3
21.3
8.8
5.2
2.8
4.6
9.3
4.4
4.6

2.3
22.7
9.6
5.6
3.2
4.4
10.1
4.5
4.8

2.2
24.8
10.6
6.0
3.6
4.6
11.0
4.6
5.2

2.4
27.5
11.8
6.6
4.0
5.1
12.4
4.6
5.8

2.7
30.7
13.3
6.7
4.4
6.3
14.1
4.8
6.4

2.9
36.3
16.1
7.4
4.9
7.8
15.5
4.6
7.0

3.1
42.4
19.4
9.1
5.5
8.4
17.7
4.7
7.3

3.3
48.6
21.7
10.8
6.0
10.1
19.8
5.5
8.7

3.7
55.4
25.2
12.4
6.7
11.1
215
6.1
10.0

4.5
612
28.1
14.0
7.5
11.5
23.9
6.6
11.1

5.0
69.6
30.8
16.0
8.4
14.4
25.7
6.4
12.7

47

44

Medical care ....
11

Drug preparations and sundries (n.d.)
Ophthalmic products and orthopedic appliances (d.)
Physicians (s.)
Dentists (s.)
Other professional services12 (s.)
Hospitals and nursing homes13
Hospitals
Nonprofit (s.)
Proprietary (s.) ..
Government (s.)
Nursing homes (s.)
Health insurance
Medical care and hospitalization14 (s.)
Income loss' 5 (s.)
Workers' compensation16 (s.)

Personal business
Brokerage charges and investment counseling (s.) .
Bank service charges, trust services, and safe
deposit box rental (s.).
Services furnished without payment by financial
intermediaries except life insurance carriers and
private noninsured pension plans (s.).
Expense of handling life insurance17 (s.)
Legal services (s.)
Funeral and burial expenses (s.)
Other' 8 (s.)




28.2

31.7

34.1

37.2

405

46.7

53.1

605

67.0

745

835

93.7

107.9

1223

1395

1593

1803

45
46
47
48
49
50
51
52
53
54
55
56
57
58
59

4.8
.8
6.9
2.3
2.4
8.7
8.1
6.0
.7
1.3
.6
2.2
1.1
.6
.6

5.0
.9
8.2
2.7
2.9
9.7
8.8
6.5
.8
1.5
.9
2.4
1.2
.6
.6

5.2
1.0
8.5
2.8
3.3
10.6
9.7
7.1
.9
1.7
.9
2.7
1.3
.7
.7

5.4
1.1
9.1
3.0
3.6
12.1
10.9
8.0
1.0
2.0
1.1
3.0
1.4
.8
.8

5.8
1.0
10.0
3.4
3.1
14.3
12.8
9.3
1.1
2.4
1.5
3.1
1.3
.9
1.0

6.4
12
10.9
3.7
3.4
17.1
15.2
10.9
1.3
3.0
1.9
4.0
2.0
1.0
1.1

7.0
1.3
12.4
4.3
3.4
20.3
17.7
12.8
1.5
3.4
2.7
4.2
1.9
12
1.1

8.1
1.5
14.0
4.9
3.7
23.4
20 2
14.7
1.8
3.7
32
4.4
2.1
1.1
1.1

8.6
1.6
15.3
5.1
3.9
27.7
23.5
17.0
2.0
4.5
4.2
4.9
2.6
1.3
.9

9.3
1.8
16.6
5.6
4.3
31.3
26.7
19.0
2.3
5.4
4.6
6.0
3.5
1.6
.9

10.1
2.0
18.4
6.6
5.2
35.0
29.7
21.1
2.5
6.1
5.3
6.4
3.6
1.7
1.1

11.0
2.1
203
7.3
6.0
40.6
342
24.4
2.9
6.9
6.3
6.4
3.6
1.7
1.1

12.0
2.4
235
8.2
7.3
47.9
40.5
29.1
3.5
7.8
7.5
6.6
3.2
2.2
12

13.1
25
255
9.3
8.9
55.8
47.3
34.0
4.1
92
8.5
7.0
3.6
2.2
1.2

14.2
2.7
29.6
10.3
10.3
63.4
53.6
38.9
4.7
10.1
9.8
9.4
5.4
2.4
1.5

16.3
2.9
325
11.3
11.4
72.9
61.6
44.6
5.4
11.6
113
11.9
6.4
3.4
2.1

19.1
3.2
36.8
12.3
12.8
83.7
70.8
50.6
6.4
13.8
13.0
12.4
7.2
2.3
2.9

60

173

18.9

20.9

23.1

255

283

292

32.0

35.2

385

415

46.2

535

59.7

66.1

795

893

61
62

1.7
1.1

1.9
1.2

22
1.3

2.6
1.4

3.0
1.6

3.5
1.7

3.0
1.9

2.3
2.0

3.0
2.2

3.4
2.3

2.5
2.4

2.1
2.6

2.9
2.7

3.6
2.9

3.6
3.2

4.4
3.6

4.9
4.4

63

4.8

5.4

6.1

6.9

8.4

9.3

9.3

11.0

12.4

13.6

15.0

17.4

20.9

22.5

24.8

32.3

36.9

64
65
66
67

4.1
2.6
1.7
12

4.6
2.8
1.7
1.3

52
3.0
1.8
1.4

5.3
3.4
1.9
1.5

5.4
3.6
2.0
1.7

5.9
3.8
2.1
1.9

6.3
4.1
22
2.3

7.1
4.9
2.3
2.4

7.2
5.4
2.5
2.5

7.8
6.0
2.6
2.8

9.0
6.9
2.7
3.2

10.0
7.6
2.8
3.6

11.5
7.9
2.9
4.1

14.1
8.7
3.3
4.6

16.2
9.6
3.5
52

18.8
11.0
3.8
5.9

21.0
11.6
4.0
6.4

Table 2.4.—Personal Consumption Expenditures by Type of Expenditure: 1929-94—Continued
[Billions of dollars]
Line

Transportation
User-operated transportation
New autos (d.)
Net purchases ol used autos (d.)
Other motor vehicles (d.)
Tires, tubes, accessories, and other parts (d.)
Repair, greasing, washing, parking, storage,
rental, and leasing (s.).
Gasoline and oil (n.d.|
Bridge, tunnel, ferry, and road tolls (s.)
Insurance'»(s.)
Purchased local transportation
Mass transit systems (s.)
Taxicab (s.)
Purchased intercity transportation
Railway (s.)
Bus (s.)
Airline (s.) ...
Other»(s.)

Recreation
Books and maps (d.)
Magazines, newspapers, and sheet music (n.d.)
Nondurable toys and sport supplies (n.d.)
Wheel goods, sports and photographic equipment,
boats, and pleasure aircraft (d.).
Video and audio products, computing equipment,
and musical instruments (d.).
Radio and television repair (s.)
Flowers, seeds, and potted plants (n.d.)
Admissions to specified spectator amusements
Motion picture theaters (s.)
Legitimate theaters and opera, and entertainments
of nonprofit institutions (except athletics) (s.).
Spectator sports21 (s.)
Clubs and fraternal organizations22 (s.)
Commercial participant amusements" (s.)
Pari-mutuel net receipts (s.)
Other24 (s.)

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

68

505

53.0

59.1

622

64.4

73.5

793

81.1

943

105.3

115.4

119.0

130.2

155.7

179.6

196.7

69
70
71
72
73
74

46.5
17.2
35
.9
3.0
6.6

49.2
18.3
3.4
1.0
32
7.1

55.1
21.4
3.8
1.3
3.5
7.6

57.8
21.0
3.9
1.5
3.8
8.1

59.5
20.0
43
1.6
4.0
8.8

68.0
24.5
4.6
2.3
4.6
9.7

73.3
25.1
5.0
2.8
5.4
10.9

74.2
21.9
4.3
2.7
6.1
12.3

87.1
28.2
5.3
3.9
7.1
13.9

96.7
31.6
5.9
5.6
8.0
15.1

106.1
33.9
6.4
6.9
8.9
15.8

108.4
27.0
6.6
6.4
9.5
17.0

118.9
29.3
7.4
7.7
10.3
19.8

142.6
38.2
9.7
12.1
11.4
22.1

164.9
44.4
10.4
15.9
12.9
25.7

181.1
46.5
11.1
19.1
14.4
28.5

75
76
77
78
79
80
81
82
83
84
85

13.0
.4
2.1
2.0
1.4
.6
15

13.6
.4
2.1
2.0
1.4
.6
1.7

14.8
.5
2.4
2.1
1.4
.6
2.0
.3
.4
1.3
.1

16.0
.5
2.8
2.1
1.5
.6
2.3
.3
.4
1.5
.1

17.1
.5
3.0
2.2
1.5
.7
2.7
.3
.5
1.8
.1

18.6
.6
3.0
2.4
1.6
.9
3.1
.2
.5
2.2
.1

20.5
.6
3.0
2.7
1.7
1.0
3.7
.2
.5
2.8
.2

21.9
.7
3.8
3.0
1.8
1.2
4.0
2
.5
3.1
.2

23.2
.7
4.9
3.3
1.9
1.4
4.4
2
.6
3.5
.2

24.4
.8
5.4
3.4
1.9
1.6
5.2
.2
.6
4.1
.2

28.1
.8
5.2
3.5
1.9
1.6
5.9
.2
.6
4.7
.3

36.1
.8
5.0
3.7
2.0
1.7
6.9
.3
.7
5.5
.4

39.7
.8
3.8
4.0
2.1
2.0
7.3
3
.7
5.9
.4

43.0
.9
5.3
4.4
2.2
2.2
8.6
.3
3
7.1
.5

46.9
.9
7.8
4.8
2.4
2.4
9.9
.3
3
8.3
.6

50.1
1.0
8.4
4.8
2.5
2.2
10.9
.2
.9
9.1
.6

.3

.3

3
.9
0

.3
1.1
0

86

22.4

246

26.8

30.8

33.1

36.7

395

43.1

46.0

51.4

576

63.4

.70.5

78.1

85.4

953

87
88
89
90

1.4
2.5
3.1
2.2

1.6
2.5
3.4
2.5

1.7
2.7
3.6
2.9

16
3.2
4.0
3.6

1.9
3.3
4.3
4.1

2.0
3.4
4.8
4.8

2.3
3.7
52
52

2.9
4.1
5.5
52

3.0
4.4
5.8
5.6

2.9
4.8
6.6
7.4

3.1
5.3
7.4
8.5

3.2
5.9
8.2
9.0

3.6
6.4
9.0
10.1

3.6
7.0
10.0
11.4

4.1
7.7
10.8
12.8

5.0
9.1
12.3
14.1

91

3.7

4.3

5.1

6.3

7.0

7.6

8.0

8.5

8.9

10.1

11.3

12.1

13.5

143

15.7

17.1

92
93
94
95
96

1.0
1.0
1.9
1.0
.4

1.0
1.1
2.0
1.0
.4

1.0
13
2.2
1.2
.4

1.0
1.4
2.4
1.2

.4

1.1
1.5
2.5
1.2
.5

1.2
1.7
2.9
1.4
.5

1.3
1.7
3.1
1.5
.5

1.4
1.8
3.3
1.6
.5

1.5
1.9
3.5
1.7
.5

1.7
2.2
3.5
1.7
.6

1.9
2.3
3.5
1.6
.6

2.0
2.6
4.0
2.0
.7

22
2.7
4.3
2.2
.8

2.3
2.9
4.4
2.1
.9

2.5
2.9
5.0
2.4
1.1

2.4
3.6
5.9
2.8
1.3

97
98
99
100
101

.5
1.0
1.5
.7
2.4

.6
1.1
1.6
.8
2.6

.7
1.1
1.6
.8
2.8

.7
1.3
1.7
.8
3.2

.8
1.3
1.8
.9
3.5

1.0
1.4
1.9
.9
4.1

1.1
1.4
2.1
1.0
4.8

1.1
1.5
2.4
1.1
5.4

1.2
1.4
2.6
1.2
6.0

1.2
1.4
3.0
1.3
6.6

1.2
1.6
3.5
1.4
7.8

1.2
1.7
4.2
1.6
9.1

1.3
1.9
4.9
1.7
10.4

1.4
2.1
5.6
1.8
12.1

1.6
2.2
6.4
1.9
13.5

1.8
2.3
72
2.0
15.0

102

55

6.1

6.9

75

8.7

9.9

11.1

125

13.7

15.1

16.6

183

205

224

243

26.6

103
104
105

2.6
1.9
1.0

3.0
2.0
1.1

3.5
2.2
1.2

4.1
2.3
1.4

4.5
2.5
1.7

5.0
2.7
2.1

5.7
3.0
2.4

6.6
3.3
2.6

7.5
3.6
2.7

8.2
3.9
2.9

8.9
4.5
32

9.6
52
3.5

10.3
5.9
4.3

11.2
6.3
5.0

12.1
6.5
5.4

13.1
7.3
6.1

Religious and welfare activities28 (s.)

106

6.2

7.1

7.7

85

9.4

10.3

11.0

12.1

135

152

163

183

19.7

223

243

29.4

Foreign travel and other, net

107

2.5

26

2.9

3.1

3.8

3.7

4.0

45

4.8

5.2

4.7

4.7

4.4

33

43

43

108
109
110

2.8
1.0
1.2

3.0
1.1
1.4

3.3
1.2
1.6

3.6
1.5
1.8

4.2
1.6
1.8

4.2
1.7
2.0

4.7
1.9
2.3

5.4
2.0
2.7

5.9
2.1
2.9

6.8
1.9
33

7.3
1.6
4.0

8.1
1.5
4.6

8.8
1.3
5.4

9.4
12
6.5

10.3
12
7.0

11.1
1.5
8.1

111

.1

.1

.2

.2

2

.2

2

.3

2

.2

.3

.3

.3

.3

.2

.2

Education and research
Higher education2' (s.)
Nursery, elementary, and secondary schools 2 ' (s.)
Other 27 (s.)

Foreign travel by U.S. residents29 (s.)
Expenditures abroad by U.S. residents (n.d.)
Less: Expenditures in the United States by
nonresidents30 (s.|.
Less: Personal remittances in kind to nonresidents
(n.d.).
See footnotes and note at the end of the table.




Table 2.4.—Personal Consumption Expenditures by Type of Expenditure: 1929-94—Continued
[Billions of dollars]
Line

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1

1,760.4

1,941.3

2,076.8

2,283.4

2,492.3

2,704.8

2592.7

3,094.5

3549.7

3594.8

3,8395

3,975.1

42193

4,459.2

4,717.0

2

376.2

405.6

426.9

450.4

475.6

497.3

522.9

5485

5863

627.6

6725

693.8

709.5

733.4

761.7

Food purchased for off-premise consumption (n.d.)...
Purchased meais and beverages1 (n.d.)
Food furnished to employees (including military)
(ad.).
Food produced and consumed on farms (n.d.)
Tobacco products (n.d.)

3
4
5

242.8
105.9
5.5

259.7
115.8
6.2

271.7
123.3
6.5

282.2
133.3
6.4

296.6
142.4
6.4

309.3
150.0
6.2

322.5
161.5
6.0

330.8
176.7
5.7

351.8
192.6
6.1

377.0
204.1
6.6

404.8
218.0
7.0

419.1
223.1
7.2

423.3
228.6
7.5

435.6
243.0
7.8

451.6
254.3
8.1

6
7

1.2
20.9

1.1
22.8

1.0
24.3

1.0
27.5

.9
29.2

.9
30.8

.9
32.2

.7
34.5

.7
35.0

.6
39.2

.7
42.0

.6
43.8

.6
49.6

.5
46.6

.5
47.3

Addenda: Food excluding alcoholic beverages (n.d.)
Alcoholic beverages purchased for offpremise consumption (n.d.).
Other alcoholic beverages (n.d.)

8
9

310.0
29.7

333.7
32.2

350.9
34.4

368.3
36.5

390.4
37.1

407.5
39.4

428.7
41.3

450.8
41.4

485.6
43.1

519.8
45.6

556.2
49.7

573.2
51.7

583.9
50.5

608.7
51.8

633.6
53.9

Personal consumption expenditures
Food and tobacco

10

15.7

16.9

17.3

18.0

18.8

19.5

20.8

21.7

22.6

23.0

24.6

25.0

25.5

26.3

27.0

11

132.3

143.8

147.0

161.1

175.8

188.3

204.1

218.9

236.0

253.1

262.7

265.7

2835

298.1

312.7

12
13
14
15
16
17

17.4
89.8
58.0
31.8
.2
5.7

19.3
97.7
63.2
34.5
.1
5.9

19.2
101.1
65.7
35.5
.2
5.8

20.4
110.3
72.1
38.2
.2
6.3

21.6
120.8
79.4
41.4
.2
6.9

22.9
129.1
85.3
43.8
.1
7.3

24.5
138.5
92.1
46.4
.2
7.7

26.0
146.2
98.4
49.8
.2
8.4

27.7
158.0
104.3
53.8
.2
9.6

30.6
169.1
111.1
58.1
.2
10.7

31.9
173.8
113.7
60.1
.2
11.5

31.9
179.3
116.8
62.4
.2
11.2

33.6
191.7
125.3
66.4
.2
11.4

34.4
201.8
131.9
69.9
.3
11.4

36.0
211.6
137.5
74.1
.3
11.6

18
19

15.0
4.2

16.0
4.8

15.6
5.1

17.4
6.5

19.8
6.7

21.1
7.8

24.3
9.0

26.2
9.9

28.6
11.8

29.7
12.8

31.2
14.1

31.4
11.9

33.2
13.4

35.6
14.6

37.7
15.6

20

26.6

28.2

29.1

33.2

36.1

39.1

423

463

50.0

53.9

573

59.1

63.1

65.1

68.4

21
22

16.9
9.7

18.4
9.8

19.3
9.8

21.4
11.8

23.7
12.4

25.7
13.4

27.7
14.6

30.0
16.3

32.2
17.8

34.9
19.0

37.8
19.5

39.4
19.7

41.4
21.8

43.1
22.0

45.3
23.0

Barbershops, beauty parlors, and health clubs (s.).... 23

Clothing, accessories, and jewelry
Shoes (n.d.)
Clothing and accessories except shoes2
Women's and children's (n.d.)
Men's and boys' (n.d.)
Standard clothing issued to military personnel (n.d)
Cleaning, storage, and repair of clothing and shoes
(*.)•
Jewelry and watches (d.)
Other3 (s.)

Personal care
Toilet articles and preparations {n.d.)

Housing
Owner-occupied nonfarm dwellings-space rent 4 (s.)
Tenant-occupied nonfarm dwellings—rent5 (s.)
Rental value of farm dwellings (s.)
Other Ms-)
Household operation
Furniture, including mattresses and bedsprings (d.)
Kitchen and other household appliances7 (d.)
China, glassware, tableware, and utensils (d.)
Other durable house furnishings® (d.)
Semidurable house furnishings' (n.d.)
Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (n.d).
Stationery and writing supplies (n.d.)
Household utilities
Electricity (s.)
Gas(s.)
Water and other sanitary services (s.)
Fuel oil and coal (n.d.)
Telephone and telegraph (s.)
Domestic service (s.)
Other >° (s.)

Medical care
Drug preparations and sundries" (n.d.)
Ophthalmic products and orthopedic appliances (d.)
Physicians (s.)
Dentists (s.)
Other professional services12 (s.)
' '"pitals and nursing homes13
pitals
bnprofit (s.)
Proprietary (s.)
Government (s.)
Nursing homes (s.)
Health insurance
Medical care and hospitalization14 (s.)
Income loss 15 (s.)
Workers' compensation16 (s.)

Personal business
Brokerage charges and investment counseling (s.) ...
Bank service charges, trust services, and safe
deposit box rental (s.).
Services furnished without payment by financial
intermediaries except life insurance carriers and
private noninsured pension plans (s.).
Expense of handling life insurance17 (s.)
Legal services (s.)
Funeral and burial expenses (s.)
Other'»(s.)




255.2

287.9

313.2

339.0

370.6

407.1

442.2

4765

5125

547.4

5883

6165

6465

6724

712.7

24
25
26
27

178.4
61.8
5.1
9.9

200.9
71.1
5.2
10.7

217.9
78.7
5.0
11.6

235.6
85.7
5.1
12.7

257.2
94.5
5.1
13.8

279.4
107.9
5.0
14.8

303.1
118.9
4.9
15.4

328.2
126.5
4.9
17.0

356.2
133.4
4.8
18.5

383.2
139.8
5.0
19.5

410.7
150.1
5.1
20.5

434.1
155.8
5.2
21.3

457.8
160.5
5.3
23.1

480.9
162.1
5.5
24.3

507.0
174.0
5.8
26.0

28

232.6

253.7

270.9

295.6

321.4

342.0

358.8

375.8

3994

4243

4362

448.4

4704

504.1

535.0

29
30
31
32
33
34

20.7
15.1
10.3
20.0
10.6
21.9

21.7
15.5
11.5
21.2
11.8
24.0

21.0
15.2
12.5
21.7
12.4
25.7

23.8
16.8
13.0
24.5
13.7
27.1

27.2
18.4
13.7
27.7
15.4
29.2

29.3
19.8
14.0
29.4
16.4
30.6

32.5
21.2
14.8
32.7
18.3
32.0

34.5
21.8
14.7
36.3
19.3
33.1

36.1
22.3
16.0
39.4
20.4
35.9

39.9
23.0
17.5
41.0
20.9
38.9

39.0
22.4
18.5
42.3
21.2
41.9

38.4
21.6
18.9
42.3
21.6
43.9

39.8
22.2
20.7
45.5
23.2
46.5

42.7
24.0
22.0
482
25.0
48.5

45.9
25.6
24.0
52.3
27.2
50.8

35
36
37
38
39
40
41
42
43

5.5
81.1
37.2
19.1
9.4
15.4
27.6
6.1
13.6

6.2
89.7
42.5
20.9
10.5
15.8
30.9
6.2
15.0

6.6
98.8
47.1
25.6
11.7
14.5
35.1
6.5
15.5

7.1
107.4
51.6
29.1
13.1
13.6
38.6
6.6
16.8

8.0
113.5
55.4
29.3
14.9
13.9
41.8
7.7
18.9

8.5
119.4
59.3
29.5
17.0
13.6
46.0
7.7
20.8

9.0
117.6
60.7
26.6
19.1
11.3
49.3
8.2
23.1

10.0
121.1
63.3
25.5
21.1
11.2
51.9
8.2
24.8

10.9
128.5
66.9
27.2
23.0
11.4
54.3
8.9
26.3

11.9
135.6
69.8
29.0
25.5
11.4
58.0
9.6
27.9

125
138.3
71.9
26.8
27.5
12.0
60.4
10.1
29.5

12.9
145.4
76.7
28.2
29.2
11.3
63.5
9.9
30.1

13.5
148.6
77.0
29.5
31.1
10.9
70.3
10.9
29.4

14.2
160.3
83.0
32.7
33.8
10.7
74.5
11.5
33.3

15.1
163.8
842
32.4
36.6
10.5
82.6
11.9
35.8

44

206.4

241.6

270.9

303.6

334.6

366.7

396.0

4365

490.6

545.8

6155

668.7

733.2

7855

826.1

45
46
47
48
49
50
51
52
53
54
55
56
57
58
59

21.8
3.4
42.8
13.7
14.4
97.5
82.4
59.0
7.5
15.8
15.1
12.8
7.6
1.9
3.4

24.9
3.6
50.4
16.1
17.3
114.6
97.3
69.4
9.0
19.0
17.2
14.6
9.1
1.9
3.6

27.6
3.9
55.2
17.4
182
130.8
112.0
79.2
10.7
22.1
18.8
17.9
11.8
2.5
3.6

31.4
4.4
62.5
18.9
22.4
144.9
123.7
86.7
12.1
24.9
21.1
19.2
14.5
2.1
2.6

35.2
5.3
69.9
20.6
26.3
154.9
131.6
91.8
13.6
26.2
23.3
22.4
18.9
2.1
1.4

38.7
6.2
78.0
22.6
30.5
166.6
141.1
97.4
15.4
28.3
25.5
24.3
20.6
2.1
1.6

42.7
7.2
86.4
24.2
34.8
180.4
152.6
104.7
17.3
30.6
27.8
20.3
16.5
2.4
1.4

47.0
8.4
100.8
26.8
39.1
195.6
166.1
114.2
192
32.7
29.5
18.9
14.1
2.2
2.6

51.8
10.1
115.1
28.5
44.8
216.4
183.4
126.4
21.4
35.6
33.0
23.8
18.6
2.5
2.6

57.9
10.8
125.6
30.6
50.4
239.3
201.9
139.0
23.7
392
37.3
31.2
25.8
2.4
3.0

65.1
12.7
140.8
32.9
60.9
265.7
2222
1532
26.0
43.1
43.4
37.4
31.3
2.7
3.4

70.9
11.4
152.1
34.7
68.8
293.4
245.7
168.5
28.3
48.9
47.7
37.3
33.1
1.9
2.3

75.0
11.6
167.2
38.5
78.2
320.0
268.8
183.6
30.1
55.1
512
42.7
36.8
2.3
3.5

78.1
113
172.5
40.8
87.6
341.1
2853
193.9
30.7
61.1
55.3
53.6
43.9
2.5
7.1

81.6
12.9
180.0
43.9
95.7
357.0
298.1
200.2
32.1
65.8
58.9
55.0
42.9
2.7
9.4

60

101.2

107.8

121.3

145.2

156.3

182.6

213.2

230.7

248.9

2665

290.1

318.9

341.7

357.4

370.4

61
62

6.9
5.6

6.9
7.3

8.8
9.1

12.7
11.1

12.3
12.8

15.2
14.8

20.3
16.8

23.4
19.2

19.5
20.1

22.4
22.3

22.8
23.6

25.3
25.7

30.4
28.0

35.7
30.7

36.2
31.6

63

40.2

39.4

42.9

57.4

60.8

72.3

90.4

97.7

104.1

110.0

121.1

1332

142.9

144.2

151.5

64
65
66
67

23.9
13.0
4.6
7.1

26.2
15.4
4.9
7.7

30.0
17.1
5.1
8.4

30.7
18.8
5.4
9.0

33.4
21.3
6.1
9.7

38.6
24.4
6.8
105

40.0
27.2
7.1
11.4

40.0
30.8
7.5
12.1

48.8
34.9
82
13.3

51.1
38.1
8.5
14.4

56.4
41.8
9.0
15.3

66.5
42.9
9.4
15.8

67.5
465
10.1
16.4

70.9
47.9
10.8
173

72.6
48.8
11.1
18.5

Table 2.4.—Personal Consumption Expenditures by Type of Expenditure: 1929-94—Continued
[Billions of dollars]
Une

Transportation
User-operated transportation
New autos (d.)
Net purchases ol used autos (d.)
Other motor vehicles (d.)
Tires, tubes, accessories, and other parts (d.)
Repair, greasing, washing, parking, storage,
rental, and leasing (s.).
Gasoline and oil (n.d.)
Bridge, tunnel, ferry, and road tolls (s.)
Insurance19 (s.)
Purchased local transportation
Mass transit systems (s.)
Taxicab (s.) ..
Purchased intercity transportation
Railway (s.)
Bus (s.)
Airline (s.)
Other 20 (s.) ..

Recreation
Books and maps (d.)
Magazines, newspapers, and sheet music (n.d.)
Nondurable toys and sport supplies (n.d.)
Wheel goods, sports and photographic equipment,
boats, and pleasure aircraft (d.|.
Video and audio products, computing equipment, and
musical instruments (d.j.
Radio and television repair (s.)
Flowers, seeds, and potted plants (n.d.)
Admissions to specified spectator amusements
Motion picture theaters (s.)
Legitimate theaters and opera, and entertainments
of nonprofit institutions (except athletics) (s.).
Spectator sports 21 (s.)
Clubs and fraternal organizations22 (s.)
Commercial participant amusements23 (s.)
Pari-mutuel net receipts (s.)
Other 2 " (s.)

1980

1982

1981

1983

1984

1985

1987

1986

1988

1990

1989

1991

1992

1993

1994

68

238.4

262.4

268.0

299.4

337.0

372.8

379.7

396.7

425.2

448.8

463.3

4363

4715

504.0

5422

69
70
71
72
73
74

218.3
46.4
10.8
11.8
17.9
34.0

241.1
50.7
12.8
12.8
19.6
37.2

246.0
53.3
13.6
15.6
20.4
38.5

275.4
66.0
15.6
23.0
22.3
43.7

310.1
77.1
21.4
30.7
23.2
51.6

344.9
86.3
24.4
40.8
24.3
60.5

350.9
99.0
23.8
45.0
24.6
64.0

365.8
91.3
28.4
48.2
25.2
69.8

391.7
97.6
29.7
52.5
27.7
78.4

413.9
94.8
32.6
58.6
28.3
84.1

426.9
92.4
31.6
56.9
29.4
87.3

401.4
75.3
32.0
51.4
28.9
852

435.7
82.1
35.5
59.5
29.8
94.4

465.5
86.4
40.2
67.9
31.7
102.4

502.6
91.2
44.1
76.8
34.5
116.4

75
76
77
78
79
80
81
82
83
84
85

86.7
1.1
9.4
4.8
2.9
1.9
15.4
.3
1.4
12.8
.9

97.9
1.2
8.9
5.0
3.3
1.7
16.3
.3
1.6
13.4
1.0

94.1
1.3
9.2
5.4
3.8
1.5
16.6
.3
1.7
13.5
1.2

93.1
1.3
10.4
5.8
4.0
1.9
18.1
.4
1.5
14.9
1.3

94.6
1.4
10.1
6.4
4.1
2.3
20.5
.4
1.5
17.2
1.4

97.2
1.5
10.0
6.8
4.2
2.6
21.1
.5
1.3
17.6
1.7

80.1
1.8
12.7
7.1
4.5
2.5
21.8
.5
1.1
18.3
1.8

85.4
2.0
15.5
6.9
4.6
2.4
23.9
.6
1.4
19.9
2.1

87.1
1.8
16.8
7.2
4.9
2.3
26.3
.7
1.6
21.6
2.4

96.6
2.1
16.8
7.1
4.8
2.3
27.8
.8
1.3
23.1
2.6

109.2
2.0
18.0
7.8
5.2
2.6
28.5
.8
1.0
23.9
2.8

103.9
2.1
22.6
7.9
5.3
2.6
27.5
.8
1.1
23.0
2.6

106.6
2.3
25.5
8.0
5.4
2.6
27.9
.8
1.1
23.3
2.8

107.6
2.5
26.8
8.4
5.6
2.8
30.1
3
1.0
25.4
2.9

109.4
2.6
27.5
8.9
5.9
3.0
30.7
.7
1.1
25.8
32

86

116.3

129.0

138.4

154.0

1715

185.9

202.7

222.0

246.3

264.9

281.6

292.0

3105

3403

370.2

87
88
89
90

6.5
12.0
14.6
15.6

7.3
13.0
16.0
16.4

8.0
13.8
17.1
16.3

9.0
14.6
18.4
16.9

10.0
15.7
20.5
20.4

10.6
15.9
21.4
21.2

11.4
16.5
22.9
23.0

13.0
17.6
25.3
25.6

14.3
19.3
27.4
27.7

15.2
20.2
30.0
29.4

16.5
21.5
31.6
29.8

16.9
21.9
32.8
29.5

17.7
21.6
34.2
29.9

19.0
22.7
36.6
32.6

20.6
24.5
39.7
35.6

91

19.9

21.3

22.1

27.1

30.2

33.7

39.2

43.1

48.9

51.9

53.8

57.3

61.2

68.1

78.5

92
93
94
95
96

2.5
4.7
6.7
2.6
1.8

2.5
5.3
7.1
2.7
2.1

2.6
5.7
8.0
3.1
2.2

2.8
6.0
8.7
3.2
2.5

2.8
6.5
9.7
3.4
2.8

3.2
6.9
9.7
32
3.2

3.2
7.7
10.6
3.3
3.9

3.5
9.2
10.9
3.4
4.1

3.9
9.8
12.0
3.9
4.5

4.0
10.6
13.3
4.6
4.7

4.2
11.1
15.1
5.2
5.6

4.0
11.3
15.7
5.3
6.0

4.2
12.3
16.6
5.0
6.8

4.5
12.7
18.1
5.2
7.8

4.5
13.4
19.0
5.6

97
98
99
100
101

2.3
3.1
9.1
2.3
19.4

2.4
3.7
10.8
2.5
23.0

2.7
4.4
11.6
2.6
26.1

3.1
4.8
12.9
2.6
30.4

3.5
5.1
13.8
2.8
34.1

3.3
6.0
15.1
2.8
39.2

3.3
6.6
16.0
2.9
42.8

3.4
7.1
17.3
3.0
46.4

3.6
7.6
19.2
3.3
52.8

4.1
8.2
20.7
3.3
58.1

4.4
8.9
23.0
3.4
62.7

4.5
9.6
23.8
3.3
65.9

4.8
10.3
27.2
3.3
72.4

5.1
11.2
31.5
3.3
80.0

52
11.8
36.2
3.3
83.1

82

102

33.3

375

412

45.0

48.7

52.9

56.9

61.4

68.2

75.4

80.7

88.1

93.1

985

104.7

103
104
105

16.5
9.3
7.5

19.0
10.3
8.2

22.0
10.7
8.5

24.2
11.6
9.2

26.5
12.4
9.9

28.8
13.1
11.0

31.2
13.6
12.1

33.8
14.5
13.2

36.6
15.4
16.2

40.3
16.9
18.2

44.0
17.5
19.2

48.0
18.0
20.2

52.0
19.3
21.7

55.5
20.1
23.0

59.0
21.4
24.4

Religious and welfare activities28 (s.)

106

38.3

43.2

47.4

51.8

58.0

62.6

69.7

74.4

833

90.4

100.4

104.1

115.6

121.3

131.2

Foreign travel and other, net

107

35

.4

25

5.2

6.4

7.5

4.1

6.7

2.9

-3.6

-7 A

-152

-19.7

-212

-183

108
109
110

13.3
2.2
11.6

15.0
2.5
16.6

16.5
3.1
16.7

18.4
3.2
15.9

26.1
3.3
22.5

27.9
3.9
23.5

27.8
3.7
26.6

33.9
3.9
30.3

36.9
3.6
36.6

37.4
3.8
44.0

41.2
3.9
51.6

39.7
3.8
57.7

43.4
2.9
64.7

46.0
2.8
68.6

50.1
2.7
69.7

111

.4

.4

.4

.5

.5

.7

.7

.8

.9

.8

.9

1.0

1.3

1.4

Education and research
Higher education25 (s.)
Nursery, elementary, and secondary schools 2 ' (s.)
Other 27 (s.)

Foreign travel by U.S. residents29 (s.)
Expenditures abroad by U.S. residents (n.d.)
Less: Expenditures in the United States by
nonresidents30 (s.).
Less: Personal remittances in kind to nonresidents
(n.d.).

1. Consists of purchases (including tips) of meals and beverages from retail, service, and amusement establishments, hotels, dining and buffet cars, schools, school fraternities, institutions, clubs, and industrial lunchrooms. Includes meals and borerages consumed both on- and off-premise.
2. Includes luggage.
3. Consists of watch, clock, and jewelry repairs, costume and dress suit rental, and miscellaneous personal services.
4. Consists of rent for space and for heating and plumbing facilities, water heaters, lighting fixtures, kitchen cabinets, linoleum, storm windows and doors, window screens, and screen doors, but excludes rent for appliances and
furniture and purchases of fuel and electricity.
5. Consists of space rent (see footnote 4) and rent for appliances, furnishings, and furniture.
6. Consists of transient hotels, motels, clubs, schools, and other group housing.
7. Consists of refrigerators and freezers, cooking ranges, dishwashers, laundry equipment, stoves, room air conditioners, sewing machines, vacuum cleaners, and other appliances.
8. Includes such house furnishings as floor coverings, comforters, quilts, blankets, pillows, picture frames, mirrors,
art products, portable lamps, and clocks. Also includes writing equipment and hand, power, and garden tools.
9 Consists largely of textile house furnishings, including piece goods allocated to house furnishing use. Also
includes lamp shades, brooms, and brushes.
10. Consists of maintenance services for appliances and house furnishings, moving and warehouse expenses,
postage and express charges, premiums for fire and theft insurance on personal property l e s s benefits and dividends, and miscellaneous household operation services.
11. Excludes drug preparations and related products dispensed by physicians, hospitals, and other medical services.
12. Consists of osteopathic physicians, chiropractors, orivate duty nurses, chiropodists, podiatrists, and others providing health and allied services, not elsewhere classified!
13. Consists ol (1) current expenditures (including consumption of fixed capital) ol nonprofit hospitals and nursing
homes, and (2) payments by patients to proprietary and government hospitals and nursing homes.
14. Consists of (1) premiums, less benefits and dividends, for health, hospitalization, and accidental death and
dismemberment insurance provided by commercial insurance carriers, and (2) administrative expenses (including consumption of fixed capital) of nonprofit and self-insured health plans.
15. Consists of premiums, less benefits and dividends, for income loss insurance.
16. Consists of premiums, less benefits and dividends, for privately administered workers' compensation.
17. Consists of (1) operating expenses of lite insurance carriers and private noninsured pension plans, and (2)
premiums, less benefits and dividends, of fraternal benefit societies. Excludes expenses allocated by commercial
carriers to accident and health insurance.




18. Consists of current expenditures (including consumption of fixed capital) ot trade unions and professional associations, employment agency fees, money order fees, spending lor classified advertisements, tax return preparation
services, and other personal business services.
19. Consists of premiums, less benefits and dividends, for motor vehicle insurance.
20. Consists of baggage charges, coastal and inland waterway fares, travel agents' fees, and airport bus fares.
21. Consists of admissions to professional and amateur athletic events and to racetracks.
22. Consists of dues and fees excluding insurance premiums.
23. Consists of billiard parlors; bowling alleys; dancing, riding, shooting, skating, and swimming places; amusement
devices and paiks; golf courses; sightseeing buses and guides; private Hying operations; casino gambling; and other
commercial participant amusements.
24. Consists of net receipts of lotteries and expenditures for purchases of pets and pet care services, cable
TV, film processing, photographic studios, sporting and recreation camps, video cassette rentals, and recreational
services, not elsewhere classified.
25. For private institutions, equals current expenditures (including consumption of fixed capital) less receipts-such
as those from meals, rooms, and entertainments-accounted for separately in consumer expenditures, and less expenditures for research and development financed under contracts or grants. For government institutions, equals
student payments of tuition.
26. For private institutions, equals current expenditures (including consumption of fixed capital) less receiptssuch as those from meals, rooms, and entertainments-accounted for separately in consumer expenditures. For government institutions, equals student payments of tuition. Excludes child day care services, which are included in
religious and welfare activities.
27. Consists of (1) fees paid to commercial, business, trade, and correspondence schools and for educational
services, not elsewhere classified, and (2) current expenditures (including consumption of fixed capital) by research
organizations and foundations lor education and research.
28. For nonprofit institutions, equals current expenditures (including consumption of fixed capital) of religious, social welfare, foreign relief, and political organizations, museums, libraries, and foundations. The expenditures are
net of receipts—such as those from meals, rooms, and entertainments-accounted for separately in consumer expenditures, and excludes relief payments within the United States and expenditures by foundations for education
and research. For proprietary and government institutions, equals receipts from users.
29. Beginning with 1981, includes U.S. students' expenditures abroad; these expenditures were $0.3 billion in
1981.
30. Beginning with 1981, includes nonresidents' student and medical care expenditures in the United States; student expenditures were $2.2 billion and medical expenditures were $0.4 billion in 1981.
NOTE.—Consumer durable goods are designated (d.), nondurable goods (n.d.), and services (s.).

Table 2.5.—Real Personal Consumption Expenditures by Type of Expenditure: 1982-94
[Billions of chained (1992) dollars]
Line

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

3,822.3

3,972.7

4,064.6

4,132.2

4,1055

4,2196

4343.6

4,486.0

1

3,081.5

3,240.6

3,407.6

3,566.5

3,708.7

2

621.6

634.6

645.0

657.4

668.4

675.5

693.6

702.0

7135

707.1

7095

720.1

735.0

Food purchased for off-premise consumption (n.d.).
Purchased meals and beverages' (n.d.)
Food furnished to employees (including military)
(n.d.).
Food produced and consumed on farms (n.d.)
Tobacco products (n.d.)

3
4
5

369.8
184.4
9.6

378.5
190.9
9.0

384.8
195.3
8.6

395.3
197.6
8.1

401.4
204.0
7.5

398.5
214.6
6.9

409.4
224.3
7.1

415.0
227.2
7.3

423.3
231.6
7.4

423.7
228.0
7.4

423.3
228.6
7.5

428.8
238.4
7.6

434.5
245.1
7.8

6
7

1.2
61.8

1.1
58.5

1.0
58.3

1.0
58.0

1.0
56.7

.8
56.8

.7
52.8

.6
52.4

.6
50.9

.6
47.5

.6
49.6

.5
44.8

.5
47.2

Addenda: Food excluding alcoholic beverages (n.d.)
Alcoholic beverages purchased for offpremise consumption (n.d.).
Other alcoholic beverages (n.d.)

8
9

486.4
50.2

499.9
51.3

510.6
50.9

521.4
52.8

532.2
53.8

539.8
52.8

560.1
53.5

568.2
54.9

578.2
57.4

580.4
53.3

583.9
50.5

598.1
51.7

608.7
53.7

Personal consumption expenditures .
Food and tobacco

Toilet articles and preparations (n.d.)
Barbershops, beauty parlors, and health clubs (s.)....

Housing
Owner-occupied nonfarm dwellings—space rent" (s.)
Tenant-occupied nonfarm dwellings—rent® (s.)
Rental value of farm dwellings (s.)
Other6 (s.)

Household operation
Furniture, including mattresses and bedsprings (d.)
Kitchen and other household appliances7 (d.)
China, glassware, tableware, ana utensils (d.)
Other durable house furnishings8 (d.)
Semidurable house furnishings9 (n.d.)
Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (n.d).
Stationery and writing supplies (n.d.)
Household utilities
Electricity (s.)
Gas |s.)
Water and other sanitary services (s.)
Fuel oil and coal (n.d.)
Telephone and telegraph (s.)
Domestic service (s.)
Other i° (s.)

29.3

29.1

28.6

28.5

28.5

28.2

27.3

27.6

25.9

25.5

25.6

25.6

211.8

227.8

237.5

256.4

263.0

270.9

282.1

279.4

272.3

2835

294.1

3085

12
13
14
15
16
17

24.1
132.8
86.8
46.0
.2
9.1

25.4
141.6
93.4
48.2
.2
9.3

26.6
153.1
101.7
51.4
.2
9.7

27.9
158.4
105.6
52.8
.2
9.8

29.9
169.8
114.5
55.3
.2
9.9

30.9
174.2
116.5
57.8
.2
10.4

31.5
178.3
118.3
60.1
.2
11.4

33.5
187.1
124.2
62.9
.2
12.0

34.0
183.7
120.6
63 2
2
12.4

32.9
182.8
119.2
63.6
.2
11.5

33.6
191.7
125.3
66.4
.2
11.4

34.2
199.7
130.3
69.3
.3
11.0

35.7
211.2
137.0
74.1
.3
11.0

18
19

23.2
8.0

25.4
9.7

28.6
9.4

30.8
10.5

35.3
11.6

35.3
12.2

35.7
14.0

35.1
14.4

34.0
15.2

32.6
12.2

33.2
13.4

34.8
14.2

35.6
14.7

41.9

45.3

47.6

49.7

52.0

55.3

57.8

59.7

60.6

60.0

63.1

63.7

65.5

21
22

27.6
14.3

28.8
16.5

31.0
16.6

32.4
17.2

33.8
18.2

35.7
19.6

37.1
20.6

38.7
21.0

40.1
20.6

39.9
20.1

41.4
21.8

42.4
21.4

43.7
21.8

500.9

511.8

531.8

551.1

565.5

583.4

600.9

6146

627.2

635.2

6463

654.7

6743

24
25
26
27

346.3
126.2
6.6
22.1

353.5
129.3
6.4
23.0

367.4
135.0
6.4
23.4

377.1
144.6
6.2
23.4

386.5
149.8
6.0
23.4

401.0
152.6
5.8
24.2

415.8
154.7
5.8
24.9

428.6
155.6
5.6
25.1

437.6
160.0
5.6
24.2

447.0
160.1
5.5
22.5

457.8
160.5
5.3
23.1

467.9
158.0
5.2
23.5

479.6
165.2
5.2
24.3

28

Personal care .

29.5
197.7

23

Shoes (n.d.)
Clothing and accessories except shoes2
Women's and children's (n.d.)
Men's and boys' (n.d.)
Standard clothing issued to military personnel (n.d)
Cleaning, storage, and repair of clothing and shoes
(s.y
Jewelry and watches (d.)
Other'(s.)

to
11

20

Clothing, accessories, and jewelry

343.3

358.0

375.7

390.5

406.5

422.2

440.4

456.5

457.0

457.4

470.6

494.6

5145

29
30
31
32
33
34

26.0
15.0
15.2
27.1
16.1
35.3

28.7
16.2
15.6
29.9
16.8
35.9

32.2
17.7
16.4
33.2
18.2
37.7

33.8
19.5
16.7
34.4
18.9
38.2

36.6
21.0
17.1
37.9
20.6
39.0

37.9
21.5
16.6
41.1
21.4
39.1

38.4
21.9
17.8
43.4
22.4
41.2

42.3
22.5
19.0
44.2
22.6
42.1

40.6
22.0
19.6
44.2
22.0
43.7

39.7
21.5
19.4
43.0
22.0
44 2

39.8
22.2
20.7
45.5
23.2
46.5

41.6
23.8
22.1
47.8
24.7
48.3

43.2
25.0
235
51.4
25.7
50.2

35
36
37
38
39
40
41
42
43

8.9
127.1
61.0
28.7
22.4
12.8
41.5
7.9
24.4

9.2
130.5
64.8
27.8
23.2
12.9
43.0
8.0
25.3

10.0
132.1
65.4
27.9
24.8
12.8
43.3
9.2
27.0

10.4
136.3
67.6
28.3
26.6
13.0
46.3
9.1
27.8

10.9
136.9
68.3
26.7
28.3
13.4
48.2
9.6
29.6

11.9
141.1
71.5
26.9
29.5
13.0
52.0
9.5
30.6

12.7
147.1
74.5
28.9
30.3
13.2
55.0
10.2
30.7

13.4
149.9
75.5
30.0
31.6
12.6
58.7
10.8
31.2

13.5
146.7
76.1
27.7
31.9
11.2
61.3
11.1
32.5

13.5
149.1
78.2
28.7
31.3
10.8
63.8
10.2
31.1

13.5
148.6
77.0
29.5
31.1
10.9
70.3
10.9
29.4

14.0
155.0
81.4
30.8
32.0
10.7
73.7
11.1
32.4

14.4
156.3
82.6
30.0
33.0
10.7
79.6
112
34.2

44

Medical care
11

Drug preparations and sundries (n.d.)
Ophthalmic products and orthopedic appliances (d.)
Physicians (s.)
Dentists (s.)
Other professional services12 (s.)...
Hospitals and nursing homes"
Hospitals
Nonprofit (s.)
Proprietary (s.)
Government (s.)
Nursing homes (s.)
Health insurance
Medical care and hospitalization14 (s.)
Income loss , 5 (s.)
Woikers' compensation'«(s.)

Personal business .
Brokerage charges and investment counseling (s.) .
Bank service charges, trust services, and safe
deposit box rental is.).
Seivices furnished without payment by financial
intermediaries except life insurance carriers and
private noninsured pension plans (s.).
Expense of handling life insurance17 (s.)
Legal services (s.)
Funeral and burial expenses (s.)
Other (s.)




503.5

523.8

540.1

561.0

5836

614.0

641.8

659.4

691.1

708.7

7332

742.1

751.0

45
46
47
48
49
50
51
52
53
54
55
56
57
58
59

56.1
5.8
107.6
33.3
30.0
239.8
210.3
134.1
25.3
52.3
30.2
33.1
28.1
2.4
22

58.4
6.3
113.0
33.9
34.8
246.7
215.1
137.7
25.7
53.0
32.1
32.5
28.3
1.9
2.3

60.9
7.3
118.3
34.3
39.2
248.2
214.9
138.0
26.7
51.3
33.7
33.6
28.9
1.9
2.7

62.3
8.3
124.6
35.3
42.4
253.8
218.6
139.6
28.3
52.1
35.5
35.7
30.6
2.1
2.8

64.3
9.3
128.7
35.9
46.0
264.0
226.7
144.8
30.1
53.1
37.5
36.7
31.6
1.9
3.3

66.5
10.3
139.8
37.1
50.0
272.1
233.9
150.7
31.2
53.1
38.5
39.0
33.4
2.2
3.5

68.7
11.8
149.1
37.1
54.3
281.1
240.3
156.4
31.8
52.9
41.0
40.4
34.4
2.2
3.8

71.4
12.2
151.5
37.5
57.9
288.3
245.0
161.7
31.6
52.2
43.4
40.9
35.0
2.2
3.8

74.5
13.8
158.5
37.7
66.4
299.0
251.6
168.7
31.2
51.8
47.5
41.3
35.3
2.1
3.9

75.3
11.9
161.7
37.1
71.6
309.6
259.9
175.7
30.9
53.4
49.7
41.7
35.8
2.0
4.0

75.0
11.6
167.2
38.5
78.2
320.0
268.8
183.6
30.1
55.1
51.2
42.7
36.8
2.3
3.5

75.4
11.5
163.4
38.8
84.9
327.0
273.8
187.2
29.0
57.7
53.2
41.5
36.6
2.4
2.9

76.7
12.3
162.4
39.8
89.2
331.5
276.9
187.8
29.2
59.9
54.6
40.0
38.6
2.4
2.3

60

246.2

263.2

270.5

289.0

302.4

311.8

3205

3245

331.3

339.2

341.7

351.7

352.1

61
62

8.1
18.9

12.5
20.3

12.9
21.5

15.3
233

19.2
246

21.9
26.7

20.0
26.3

22.7
27.4

22.9
27.1

25.7
27.2

30.4
28.0

37.3
29.0

37.8
27.5

63

113.3

127.5

130.2

136.5

144.1

150.1

148.8

145.3

147.8

145.4

142.9

144.5

146.5

64
65
68
67

54.3
34.2
9.8
13.2

51.7
33.0
9.3
13.4

53.0
34.3
9.4
13.7

55.9
36.9
9.9
14.5

53.5
38.5
9.8
15.0

49.9
40.6
9.6
15.2

57.3
44.1
10.1
15.9

58.2
45.5
10.0
16.3

61.2
46.4
10.1
16.6

69.9
45.1
9.9
16.3

67.5
46.5
10.1
16.4

68.3
45.9
10.3
16.8

68.1
45.3
10.1
17.1

Table 2.5.—Real Personal Consumption Expenditures by Type of Expenditure: 1982-94—Continued
[Billions of chained (1992) dollars]
Line

Transportation
User-operated transportation
New autos (d.)
Net purchases of used autos (d.)
Other motor vehicles (d.)
Tires, tubes, accessories, and other parts (d.)
Repair, greasing, washing, parking, storage,
rental, and leasing (s.).
Gasoline and oil (n.d.)
Bridge, tunnel, ferry, and road tolls (s.)
Insurance19 (s.)
Purchased local transportation
Mass transit systems (s.)
Taxicab (s.) .
Purchased intercity transportation
Railway (s.)
Bus (s.)
Airline (s.) ....
Other 20 (s.).

Recreation
Books and maps (d.)
Magazines, newspapers, and sheet music (n.d.)
Nondurable toys and sport supplies (n.d.)
Wheel goods, sports and photographic equipment,
boats, and pleasure aircraft (d.).
Video and audio products, computing equipment, and
musical instruments (d.).
Radio and television repair (s.)
Flowers, seeds, and potted plants (n.d.)
Admissions to specified spectator amusements
Motion picture theaters (s.)
Legitimate theaters and opera, and entertainments
of nonprofit institutions (except athletics) (s.).
Spectator sports21 (s.)
Clubs and fraternal organizations22 (s.)
Commercial participant amusements23 (s.)
Pari-mutuel net receipts (s.)
Other 2 " (s.)

Education and research
Higher education25 (s.)
Nursery, elementary, and secondary schools 2 ' (s.)
Other 2 ' (s.)

1984

1983

1982

1985

1987

1986

1989

1988

1991

1990

1993

1992

1994

414.0

450.0

4733

472.3

495.0

499.1

4913

4485

4715

4903

5153

68

339.0

373.5

69
70
71
72
73
74

310.7
70.3
20.6
212
20.9
57.4

343.5
84.8
20.9
305
23.3
62.3

381.8
96.3
26.4
392
25.3
71.0

416.7
104.4
30.4
50.0
26.3
80.8

437.7
114.7
30.0
53.1
26.7
82.0

435.3
102.2
30.8
56.0
27.1
85.6

457.4
1073
32.6
603
29.2
92.3

461.9
102.0
33.8
65.3
29.1
94.7

454.2
98.1
35.0
61.1
30.0
94.2

412.7
77.1
34.0
53.0
29.2
88.3

435.7
82.1
35.5
59.5
293
94.4

454.2
84.4
36.7
65.7
32.1
98.7

476.6
86.2
37.5
71.4
35.1
108.5

75
76
77
78
79
80
81
82
83
84
85

91.0
2.1
24.3
8.3
6.0
2.3
20.2
5
2.6
15.4
1.9

93.0
2.0
24.4
8.7
6.0
2.7
21.5
.6
2.2
16.8
2.0

95.9
2.0
24.4
9.1
5.8
3.3
23.2
.6
2.0
18.6
2.0

97.8
2.1
24.8
9.5
5.9
3.6
24.0
.7
1.7
19.4
2.4

102.5
2.3
25.6
9.2
5.8
3.4
27.0
.7
1.3
22.6
2.4

105.3
2.4
26.3
8.7
5.7
3.0
28.3
.7
1.6
23.4
2.6

106.5
2.1
27.1
8.6
5.9
2.7
29.0
.8
1.8
23.5
3.0

108.1
2.3
26.5
8.3
5.7
2.7
28.9
.8
1.4
23.7
3.0

107.3
2.1
26.3
8.6
5.7
2.9
28.6
.8
1.1
23.7
3.0

103.4
2.1
25.7
8.3
5.6
2.7
27.9
.8
1.1
23.3
2.7

106.6
2.3
25.5
8.0
5.4
2.6
27.9
.8
1.1
23.3
2.8

108.7
2.4
25.6
8.2
5.4
2.7
28.3
.8
1.1
23.9
2.6

109.8
2.4
25.6
8.6
5.7
2.9
30.1
.7
1.1
25.5
2.8

86

1705

1852

202.8

2155

233.0

250.0

270.1

282.1

291.8

2955

310.8

338.1

3652

87
88
89
90

12.6
22.1
21.1
20.4

13.1
21.8
22.3
20.7

14.1
22.7
24.6
24.5

13.9
21.7
25.7
25.2

14.3
21.6
27.1
27.2

15.9
22.2
29.2
29.6

16.9
23.5
30.1
30.9

17.3
23.5
31.7
31.8

17.6
23.8
32.6
31.2

17.3
22.8
33.3
30.0

17.7
21.6
342
29.9

18.5
21.9
36.3
32.5

19.6
22.9
38.9
34.8

91

13.8

17.9

20.9

24.7

30.8

35.0

40.7

44.2

47.9

53.6

61.2

72.6

87.4

4.5
11.5
15.0
4.9
5.7

4.5
12.2
15.5
5.3
5.4

4.6
12.5
16.5
5.6
6.1

4.2
11.8
16.3
5.5
62

4.2
12.3
16.6
5.0
6.8

4.3
12.9
17.8
5.1
7.7

4.2
13.4
17.8
5.2
7.7

4.6
9.9
24.6
3.5
68.0

4.8
10.3
272
3.3
72.4

5.0
10.8
30.5
3.2
77.2

4.9
112
34.1
3.1
79.1

92
93
94
95
96

3.8
7.4
14.0
5.5
3.8

3.8
7.8
14.3
5.2
4.1

3.7
8.4
15.0
5.3
4.4

4.0
8.7
14.2
4.7
4.7

3.9
9.6
14.7
4.7
5.5

4.2
10.9
14.4
4.5
5.4

97
98
99
100
101

4.7
5.9
17.2
4.6
38.9

5.0
6.2
18.4
4.3
44.0

5.4
6.4
19.0
4.2
47.7

4.8
7.5
20.0
4.1
52.7

4.6
8.0
20.4
4.0
55.4

4.5
8.4
21.3
4.0
58.0

4.5
8.6
22.9
3.9
63.7

4.7
8.9
23.5
3.8
66.8

4.8
9.5
24.9
3.7
68.3

102

68.9

712

725

75.4

77.7

79.9

835

87.6

893

903

93.1

94.7

965

103
104
105

41.8
15.9
11.8

42.8
16.4
12.4

43.6
16.7
12.9

44.4
17.2
14.1

45.5
17.3
15.1

46.6
17.7
15.8

47.6
17.8
18.5

49.1
18.6
19.9

50.2
18.6
20.5

51.1
18.5
20.7

52.0
19.3
21.7

52.4
19.6
22.6

53.1
20.4
23.4

Religious and welfare activities211 { .
%)

106

66.1

70.1

75.9

80.1

86.7

89.1

955

98.7

106.6

106.9

115.6

11M

125.6

Foreign travel and other, net

107

-45

35

65

11.0

2.0

6.0

1.8

-4.1

-8.2

-153

-19.7

-19.3

-162

108
109
110

20.2
5.6
27.7

23.3
5,9
25.0

34.3
6.6
33.7

37.8
7.6
33.5

342
5.4
36.7

42.9
3.9
39.8

44.0
4.6
45.7

44.5
4.9
52.5

46.1
4.4
57.7

41.6
4.0
59.9

43.4
2.9
64.7

46.0
2.9
663

485
2.8
66.4

111

.5

.6

.6

.9

.9

1.0

1.1

.9

1.0

1.0

1.3

1.4

1.3

112

-38.8

-303

-215

-183

-11.7

-11.3

-6.4

-2.1

-23

-.9

-.1

-1.7

-3.7

Foreign travel by U.S. residents29 (s.)
Expenditures abioad by U.S. residents (n.d.)
Less: Expenditures in the United States by
nonresidents30 (s.).
Less: Personal remittances in kind to nonresidents
(n.d.).

Residual

NOTE—Chained (1992) dollar series are calculated as the product ol the chain-type quantity index and the 1992
current-dollar value of the corresponding series, divided by 100. Because the formula tor the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.




The residual line is the difference between the first lire and the sum of the most detailed lines,
See note and footnotes to table 2.4.

Table 2.6.—Personal Consumption Expenditures by Type of Product: 1929-94
[Billions of dollars]
Line

1929

1932

1931

1930

1933

1934

1935

1937

1936

1941

1940

1939

1938

1942

1943

1944

1945

1

77.5

702

60.7

48.7

45.9

51.4

55.9

622

664

642

67.2

71.2

81.0

88.9

99.7

1085

119.9

2

92

72

55

34

3.5

4.2

5.1

65

6.9

5.7

6.7

7.8

9.7

6.9

65

6.7

ao

Motor vehicles and parts
New autos (70)
Net purchases of used autos (71)
Other motor vehicles (72)
Tires, tubes, accessories, and other parts (73) ...

3
4
5
6
7

3.3

2.2

2.6
0
.1
.6

1.6
0
.1
.5

1.6
1.1
0
.1
.4

1.0
.6
0
0
.3

1.1
.8
0
0
.3

1.4
1.0
0
.1
.3

1.9
1.5
0
.1
.4

2.4
1.9
0
.1
.4

2.5
2.0
0
.1
.4

1.7
1.2
0
.1
.4

2.3
1.6
0
.1
.5

2.8
2.1
.1
.1
.5

3.5
2.6
2
.1
.7

.7
.1
.3
0
.3

.8
.1
.3
0
.4

.8
.1
.3
0
.4

1.0
0
.3
0
.7

Furniture and household equipment
Furniture, including mattresses and bedsprings
(29).
Kitchen and other household appliances (30)
China, glassware, tableware, and utensils (31) ...
Video and audio products, computing equipment,
dnd musical instruments (91).
Other durable house furnishings (32)

8
9

4.7
1.2

3.8
.9

3.0
.8

2.1
.5

1.9
.5

2.2
.5

2.5
.7

3.1
.8

3.5
.9

3.1
.8

3.4
.9

3.8
1.1

4.8
1.3

4.6
1.3

3.9
1.2

3.8
1.3

4.5
1.5

10
11
12

.7
.6
1.0

.6
.4
.9

.5
.4
.5

.3
.4
.3

.4
.4
.2

.5
.4
.2

.6
.4
.2

.7
.5
.3

.8
.5
.4

.6
.5
.3

.7
.5
.4

.8
5
.5

1.1
.6
.6

.7
.7
.6

.3
.6
.4

.2
.6
.3

.3
.8
.3

13

1.1

.9

.8

.6

.5

.6

.6

.8

.9

.8

.9

1.0

1.2

1.3

1.4

1.4

1.5

Other
Ophthalmic products and orthopedic appliances
(46).

14
15

1.2
.1

1.1
.1

.9
.1

.6
.1

.5
.1

.6
.1

.7
.1

.8
.1

1.0
.2

.9
.2

1.0
.2

1.1
.2

1.3
.2

1.6
.3

1.9
.3

2.1
.3

2.5
.3

16

2

.2

.2

.1

.1

.1

.1

.2

.2

.2

.2

.3

.3

.3

.3

.3

.4

2
.2

.2
.2

2
.2

.3
.2

.3
.2

.3
.2

.4
.2

.4
.2

.6
.3

.7
.3

.9
.4

1.0
.5

1.2
.5

Personal consumption expenditures
Durable goods

boats, and pleasure aircraft ($0)'.
Jewelry and watches (18)
Books and maps (87)

17
18

.6
.3

.5
.3

.3
.3

.3
.2

19

37.7

34.0

29.0

22.7

224

26.7

294

325

352

34.0

35.1

37.0

42.9

50.8

58.6

64.3

71.9

20
21
22
23

19.5
14.8
2.9
1.9

18.0
13.5
2.8
1.7

14.7
10.8
2.5
1.4

11.4
82
2.1
1.1

11.5
8.6
1.8
1.1

14.2
10.8
22
12

16.2
12.2
2.6
1.4

18.4
13.9
3.0
1.5

19.9
14.8
3.5
1.6

18.9
14.1
3.4
1.4

19.1
14.2
3.6
1.4

20.2
14.9
3.9
1.4

23.4
17.0
4.6
1.8

28.4
20.1
5.7
2.6

33.2
22.3
7.1
3.8

36.7
24.1
8.1
4.5

40.6
26.2
9.5
5.0

Addenda: Food excluding alcoholic beverages (8)
Alcoholic beverages purchased for
off-premise consumption (9).
Other alcoholic beverages (10)

24
25

19.5
0

18.0
0

14.7
0

11.4
0

10.9
2

12.2
1.5

13.6
1.9

15.3
2.5

16.5
2.6

15.6
2.4

15.7
2.4

16.6
2.5

19.2
3.0

23.3
3.6

27.4
4.0

29.9
4.7

33.2
5.1

26

0

0

0

0

.5

.5

.6

.7

.9

.9

1.0

1.1

1.2

1.5

1.9

2.1

2.4

Clothing and shoes
Shoes (12)
Women's and children's clothing and accessories
except shoes (14).
Men's and boys' clothing and accessories except
shoes (15+16).

27
28
29

9.4
1.7
4.7

8.0
1.4
4.1

6.9
1.2
3.5

5.1
1.0
2.4

4.6
.9
2.3

5.7
1.1
2.8

6.0
1.0
3.1

6.6
1.1
3.2

6.8
1.3
3.3

6.8
1.3
3.3

7.1
1.2
3.6

7.5
1.3
3.8

8.8
1.4
4.3

11.0
1.8
5.3

13.4
1.9
6.9

14.6
2.0
7.8

16.5
2.3
8.8

30

3.0

2.6

22

1.6

1.5

1.8

1.9

2.2

2.3

2.2

2.3

2.4

3.0

3.9

4.6

4.9

5.4

Nondurable goods
Food
Food purchased for off-premise consumption (3)
Purchased meals and beverages (4)
Food furnished to employees (including military)
and food produced arid consumed on farms
(5+6).

Gasoline and oil (75)

31

1.8

1.7

1.5

15

1.5

1.6

1.7

1.9

2.1

2.1

2.2

2.3

2.6

2.1

1.3

1.4

1.8

Fuel oil and coal (40)

32

1.6

1.5

1.3

1.1

1.2

1.3

1.3

1.4

1.4

1.3

1.4

1.5

1.7

1.9

2.0

2.0

2.2

Other

33

5.4

4.7

4.4

3.7

3.5

3.9

4.1

4.5

4.9

4.9

5.3

5.6

6.4

7.5

8.7

9.6

10.8

34
35
36
37

1.7
.6
.7
.5

1.5
.5
.6
JS

1.5
.5
.5
.4

1.3
.4
.4
.3

1.2
.3
.4
.3

1.4
.4
.4
.4

1.4
.4
5
.4

1.5
.4
.6
.4

1.7
.4
.6
.5

1.7
.4
.6
.5

1.8
.5
.7
.5

1.9
.5
.7
.5

2.1
.6
.9
.6

2.3
.7
1.1
.7

2.6
.9
1.3
.8

2.6
1.0
1.5
.8

2.9
1.1
1.5
.7

38
39
40
41
42
43

.6
.3
.1
0
.5
2

.6
.3
.1
0
.5
2

5
.3
.1
0
.5
.1

.4
.2
.1
0
.4
.1

.4
2
.1
0
.4
.1

.5
2
.1
0
.4
.1

.5
.2
.1
0
.5
.2

.6
.3
.1
0
.5
.2

.6
.3
.1
0
JS
2

.6
.3
.1
0
.6
.2

.6
.3
.2
0
.6
.2

.7
.4
.2
0
.6
2

.8
.4
.2
.2
.7
.2

1.0
.4
.3
.3
.8
.3

1.1
.5
.4
.6
.9
.3

1.1
.6
.4
1.1
1.0
.4

Tobacco products (7)
Toilet articles and preparations (21)
Semidurable house furnishings (33)
Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (34).
Drug preparations and sundries (45)
Nondurable toys and sport supplies (89)
Stationery ana writing supplies (35)
Net foreign remittances (109 less 111)
Magazines, newspapers, and sheet music (88)....
Flowers, seeds, and potted plants (93)
See note at the end of the table.




JS
2
.1
0
.5
.1

Table 2.6.—Personal Consumption Expenditures by Type of Product: 1929-94—Continued
[Billions of dollars]
Une

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1940

1939

1941

1942

1943

1944

1945

44

30.5

29.0

262

223

20.2

20.5

215

23.0

24.7

24.6

25.4

26.4

285

313

34.6

37.4

40.0

45
46

11.7
5.9

11.2
5.6

10.5
5.1

9.2
4.4

8.1
3.8

7.8
3.6

7.9
3.6

8.2
3.8

8.8
4.0

9.2
4.1

9.4
4.2

9.7
4.3

10.4
4.7

11.2
5.2

11.8
5.6

12.3
6.1

12.8
6.5

47
48
49

4.5
.9
.3

4.5
.9
.3

4.3
.8
.3

3.9
.7
.2

3.4
.6
.2

3.3
.6
.2

3.3
.7
.3

3.5
.7
.3

3.8
.7
.3

4.0
.7
.3

4.1
.7
.3

4.3
.7
.3

4.6
.8
.4

4.8
.8
.4

4.8
.9
.5

Household operation
Electricity (37)
Gas (38)
Water and other sanitary services (39)
Telephone and telegraph (41)
Domestic service (42)
Other (43)

50
51
52
53
54
55
56

4.0
.6
.5
.3
.6
1.7
.3

3.9
.7
.6
.3
.6
1.5
.3

3.5
.7
.6
.3
.6
1.1
.3

3.1
.7
.5
.3
.5
.8
.3

2.8
.6
.5
.3
.4
.7
2

3.0
.7
.5
.3
.4
.9
.3

3.2
.7
.5
.3
.5
.9
.3

3.4
.7
.5
.3
.5
1.0
.3

3.7
.8
.5
.3
.5
1.2
3

3.6
3
.5
.3
.5
1.0
.3

3.8
.8
.5
.3
.6
1.1
.3

4.0
.9
.6
.4
.6
1.2
.4

4.3
1.0
.6
.4
.7
1.2
.4

4.8
1.0
.6
.4
.8
1.5
.5

5.2
1.0
.6
.4
1.0
1.6
.6

Transportation
User-operated transportation
Repair, greasing, washing, parking, storage,
rental, and leasing (74).
Other user-operated transportation (76+77)
Purchased local transportation
Mass transit systems (79)
Taxicab (80)
Purchased intercity transportation
Railway (82)
Bus(83)
Airline (84)
Other (85)

57
58
59

2.6
.9
.8

2.2
.7
.6

1.9
.6
.5

1.6
.5
.4

1.5
.5
.4

1.6
.6
.4

1.7
.6
.5

1.9
.7
.5

2.0
.7
.5

1.9
.7
.5

2.0
.8
.6

2.1
.9
.6

2.4
1.0
.8

2.7
.8
.6

3.4
.7
.6

4.0
1.2
1.0

60
61
62
63
64
65
66
67
68

.1
1.1
.9
.2
.5
.4
.1
0
.1

.1
1.1
.8
.2
.4
.3
.1
0
0

.1
.9
.8
.2
.3
.2
.1
0
0

.1
.8
.7
.1
.3
.2
0
0
0

.1
.8
.7
.1
.3
.2

.1
.8
.7
.1
.3
.2
.1

.2
.8
.7
.1
.3
.2
.1
0
0

2
.9
.7
.1
.4
.2
.1
0
0

.2
.8
.7
.1
.3
.2
.1
0
0

.2
.9
.7
.2
.4
.2
.1

.2
.9
.8
.2
.4
.2
.1

2
1.0
.8
.2
.4
.2
.1

2
1.3
1.0
.3
.7
.4
.2

.2
1.6
1.3
.4
1.0
.7
.3
0 0
0 0

i!i
0
0

.2
1.7
1.4
.4
1.1
.7
.3
.1
0

Medical care
Physicians (47)
Dentists (48)
Other professional services (49)
Hospitals and nursing homes (50)
HeaRh insurance (56)

69
70
71
72
73
74

2.4
1.0
.5
.3
.6
.1

2.3
.9
.5
.2
.6
.1

2.1
.8
.4
.2
.6
.1

1.7
.7
.3
.2
.5
.1

1.6
.6
.3
.1
.5
.1

1.7
.7
.3
.1
.5
.1

1.8
.7
.3
.2
.5
.1

2.0
.8
.3
2
.6
.1

2.1
.9
.4
.2
.6
.1

2.1
.8
.4
.2
.6
.1

2.2
.9
.4
.2
.6
.2

2.3
.9
.4
.2
.7
2

2.5
1.0
.5
.2
.7
.2

2.8
1.0
.5
2
.8
.2

3.0
1.1
5
2
.9
.3

3.5
1.3
.6
2
1.0
.3

3.8
1.4
.6
.3
1.1
.4

Other
Personal care
Cleaning, storage, and repair of clothing and
shoes (17).
Barbershops, beauty parlors, and health clubs
(22).
Other (19)
Personal business
Brokerage charges and investment counseling
loi/.
Bank service charges, trust services, and safe
deposit box rental (62).
Services furnished without payment by financial
intermediaries except life insurance carriers
and private noninsured pension plans.
Expense of handling life insurance (64)
Legal services (65)
Funeral and burial expenses (66)
Other (67)
Recreation
Admissions to specified spectator amusements

75
76
77

9.9
1.8
1.1

9.3
1.7
1.0

8.3
1.4
.9

6.8
1.1
.7

6.2
1.0
.6

6.4
1.1
.6

6.9
1.2
.7

7.5
1.3
.8

8.2
1.5
.8

7.9
1.4
.8

8.0
1.4
.8

8.2
1.5
.9

8.9
1.7
1.0

9.7
2.0
12

11.1
2.4
1.5

12.1
2.7
1.6

13.0
2.9
1.7

Services
Housing
Owner-occupied nonfarm dwellings—space rent
Tenant-occupied nonfarm dwellings—rent (25) ,,
Rental value of farm dwellings (26)
Other (27)

Other (92+98+99+100+101)
Education and research
Higher education (103)
Nursery, elementary, and secondary schools
(104).
Other (105)
Religious and welfare activities (106)
Net foreign travel
Foreign travel by U.S. residents (108)
Less: Expenditures in the United States by
nonresidents (110).
See note at the end ol the table.




.1
.7
.6
.1
.2
.2
0
0
0

0
0
0

0
0

0
0

0
0

0
0

4.7
1.1
.6
i!i
ii

6.4
1.2
.7
.4
1.2
2.1
.8

78

.5

.5

.5

.4

.3

.4

.4

.5

.5

.5

.5

.5

.6

.6

.7

.8

.9

79
80
81

.2
3.9
.8

.1
3.5
5

.1
3.0
.3

.1
2.6
.2

.1
2.5
.4

.1
2.5
.2

.1
2.8
.2

.1
3.0
.3

.1
32
.3

.1
3.0
2

.1
3.1
.2

.1
3.2
.1

.1
3.3
.1

.2
3.4
.1

.2
3.7
.2

2
3.9
.2

.3
4.2
.3

82

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

2

.2

.2

.2

.2

83

1.0

.9

.7

.5

.4

.4

.5

.6

.6

.6

.6

.6

.7

.7

.7

.7

.8

84
85
86
87
88
89

.9
.4
.6
.2
1.7
.9

.9
.4
5
.1
1.7
.9

.9
.4
.5
.1
1.6
.9

.9
3
.4
.1
1.2
.6

.9
.3
.4
.1
1.1
.6

.9
.4
.4
.1
1.2
.6

1.0
.4
.4
.1
1.3
.7

1.0
.4
.5
.2
1.4
.8

1.0
.4
.5
.3
1.6
.8

1.0
.4
.5
.3
1.5
.8

1.0
.4
.5
.3
1.6

1.0
.4
.5
.3
1.7
.9

1.0
5
.6
.3
1.9
1.0

1.0
.5
.6
.4
2.1
1.2

1.1
.5
.6
.4
2.4
1.5

1.1
.5
.7
.5
2.7
1.6

1.1
.6
.7
.4
3.0
1.7

90
91
92
93

.8
.8
.3
.2

.8

.7

.8
.3
.2

.3
.2

.6
.7
.3
.2

.5
.5
.3
.1

.6
.6
.3
.1

.6
.6
.3
,1

.7
.6
.3
.2

.8
.7
.3
.2

.7
.7
.3
.2

.7
.7
.3
.2

.8
.7
.3
.2

.9
.8
.4
.2

.9
.9
.4
.3

1.0
1.1
.4
.3

1.1
1.1
.5
.3

1.3
1.1
.5
.3

94
95
96
97
98

.3
1.2
.5
.6
.1

.3
1.3
.5
.6
.1

.2
1.2
.3
.4
.1

.2
1.0
.3
.3
.1

.2
.9
.2
.3
.1

.1
.9
.2
.3
.1

.2
.9
.2
.3
.1

.2
.9
.2
.4
.1

.2
.9
.3
.4
.1

2
1.0
2
.4
.1

2
1.0
2
.3
.1

.2
1.1
.1
.2
.1

.2
1.1
.1
.2
.1

.3
1.3
0
.1
.1

.4
1.5
0
.1
.1

.3
1.7
0
.2
.2

.3
1.8
.1
.3
.2

.8

Table 2.6.—Personal Consumption Expenditures by Type of Product:-1929-94—Continued
[Billions of dollars]
Une

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

1

Durablt goods
Motor vehicles and parts
New autos (70) ...
Net purchases of used autos (71)
Other motor vehicles (72)
Tires, tubes, accessories, and other parts (73)
Furniture, including mattresses and bedsprings
(29).
Kitchen and other household appliances (30)
China, glassware, tableware, and utensils (31)
Video and audio products, computing equipment,
and musical instruments (91).

144.3

162.3

175.4

1783

192.7

208.7

219.7

2335

240.7

259.1

271.9

286.7

296.3

318.1

332.2

3426

2

156

204

223

25.0

30.8

293

292

32.7

32.1

38.9

38.2

39.7

372

42.7

433

41.8

46.9

3
4
5
6
7

4.1
2.0
.4
.3
1.4

6.6
4.0
.8
.4
1.4

8.0
5.0
1.2
.5
1.3

10.6
7.7
1.3
.4
1.2

13.7
10.3
1.4
.5
1.5

122
8.6
16
.5
1.5

11.3
8.0
1.3
.4
1.6

13.9
11.1
.9
.4
1.5

13.0
10.8
.5
.4
1.3

17.8
13.8
1.9
.5
1.6

15.8
11.6
2.0
6
1.7

17.3
12.8
2.1
.6
2.0

14.8
9.7
2.5
.5
2.1

18.9
13.2
2.7
.6
2.4

19.7
14.0
2.6
.6
2.5

17.8
12.1
2.6
.5
2.6

21.5
15.0
2.9
.7
2.8

8
9

8.4
2.2

10.6
2.5

11.5
2.8

11.3
2.7

13.7
3.1

14.1
32

14.0
3.5

14.7
3.7

14.8
3.8

16.4
4.4

17.3
4.6

17.2
4.5

16.9
4.5

18.1
4.8

18.0
4.7

18.3
4.8

19.3
5.1

10
11
12

1.6
1.3
1.1

2.9
1.3
1.4

3.1
1.4
1.5

2.8
1.4
1.7

3.6
1.5
2.4

3.5
1.6
2.2

3.5
1.6
2.4

3.6
1.6
2.6

3.7
1.6
2.8

4.1
1.7
2.9

4.3
1.8
3.0

4.3
1.7
2.9

4.1
1.7
2.8

4.4
1.7
3.1

4.3
1.7
3.0

4.3
1.8
3.2

4.3
1.9
3.4

363.4

13
Other
Ophthalmic products and orthopedic appliances

2.2

2.4

2.7

2.7

3.1

3.5

3.2

3.1

2.9

3.3

3.6

3.8

3.8

4.1

4.2

4.3

4.6

14
15

3.2
.4

3.3
.4

3.4
.4

3.2
.5

3.3
5

3.6
.5

3.9
.6

4.1
.6

4.3
.6

4.6
.6

5.0
.7

5.2
.7

5.4
.7

5.7
6

5.7
.6

5.7
.6

6.1
.8

photographic equipment,
boats, and pleasure aircraft (90).

16

.8

1.0

1.0

.8

.9

.9

1.0

1.1

1.2

1.4

16

1.7

1.9

2.0

2.0

2.0

2.0

17
18

Wheel goods, sports and

1.4
.6

1.4
.5

1.4
.6

1.3
.6

1.3
.7

1.4
.8

1.5
.8

1.6
.8

1.7
.8

1.8
.9

1.8
1.0

1.8
1.0

1.9
1.0

2.0
1.1

1.9
1.1

1.9
1.2

2.0
1.3

19
Food
Food purchased for off-premise consumption (3)
Food furnished to employees (including military)
and food produced and consumed on farms
(5+6).
Addenda: Food excluding atooholic beverages (8)
Alcoholic beverages purchased for
oti-premise consumption (9).
Other alcoholic beverages (10)
Shoes (12)
Women's and children's clothing and accessories
except shoes (14).
Men's and boys' clothing and accessories except
shoes (15+16).

82.7

90.9

96.6

94.9

98.2

109.2

114.7

1176

119.7

124.7

1306

137.1

141.7

1465

152.9

1566

1623

20
21
2?
23

47.4
32.7
10.9
3.8

52.3
37.9
10.9
3.6

54 2
39.6
11.0
3.6

52.5
38.6
10.8
3.1

53.9
39.8
11.1
3.0

60.7
442
12.7
3.8

64.1
46.7
13.6
3.9

65.4
47.8
14.1
3.5

66.8
49.3
14.4
32

68.6
50.9
14.9
2.9

71.4
53.1
1S6
2.7

75.1
56.2
16.3
2.6

77.9
58.8
16.4
2.7

80.7
60.8
17.5
2.4

82.3
62.0
18.1
2.3

84.0
63.2
18.5
2.3

86.1
64.2
19.6
2.3

24
25

39.0
5.6

43.7
5.9

46.3
5.1

44.8
5.0

46.0
5.1

52.4
5.1

55.3
5.5

56.3
5.6

57.7
5.5

59.3
5.7

61.7
5.8

65.2
5.9

67.9
5.9

70.1
6.3

71.6
6.5

73.2
6.5

74.6
7.0

26

2.7

2.7

2.8

2.7

2.8

3.2

3.4

3.5

3.5

3.6

3.8

4.0

4.0

4.3

4.3

4.3

4.5

27
28
29

18.2
2.8
9.7

18.8
3.0
9.9

20.1
3.1
10.9

19.3
3.1
10.2

19.6
3.3
10.0

21.3
3.3
10.9

22.0
3.3
11.6

22.2
3.3
12.0

22.3
3.3
12.0

23.3
3.6
12.5

24.4
3.8
13.1

24.5
3.8
13.3

24.9
4.1
13.5

26.4
4.4
14.3

27.0
4.5
14.6

27.6
4.6
15.0

29.0
4.8
15.8

30

5.7

5.9

6.1

6.0

6.3

7.1

7.1

6.9

6.9

7.1

7.5

7.4

7.3

7.7

7.9

8.1

8.4
12.6

31

Other

Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (34).

Magazines, newspapers, and sheet music (88)
Flowers, seeds, ana potted plants (93)
See note at the end of the table.




3.4

4.0

4.8

5.3

5.5

6.1

6.8

7.4

7.8

8.6

9.4

10.2

10.6

11.3

12.0

12.0

32

2.5

3.0

3.4

3.1

3.4

3.5

3.5

3.4

3.5

3.8

3.9

4.1

4.2

4.0

3.8

3.8

3.8

33

11.3

12.8

14.1

14.7

15.8

17.6

18.4

19.4

19.3

20.4

21.7

23.2

24.2

26.1

27.7

29.2

31.4

34
35
36
37

3.4
1.1
2.0
.9

3.7
1.2
2.1
1.5

4.0
1.3
2.4
1.6

4.1
1.3
2.3
1.6

4.3
1.4
2.6
1.8

4.5
1.5
2.8
2.0

4.9
1.6
2.6
1.9

5.1
1.7
2.6
2.1

4.9
1.8
2.4
2.3

5.1
1.9
2.6
2.5

5.3
22
2.7
2.7

5.7
2.4
2.7
2.9

6.0
2.6
2.6
3.1

6.6
2.7
2.7
3.5

6.9
3.0
2.8
3.7

7.1
3.3
2.9
4.2

7.2
3.6
3.2
4.6

38
39
40
41
42
43

1.3
.8
.4
-.1
1.1
.4

1.3
.9
.4
-.2
1.2
.4

1.5
1.1
.5
0
1.4
.4

1.6
1.2
.5
.2
1.5
.5

1.7
1.4
.5
.2
1.5
.5

2.0
1.7
.6
.5
1.6
5

2.1
1.7
.6
.7
1.7
.5

2.2
1.7
.7
1.0
1.8
.6

2.2
1.6
.7
1.0
1.8
.6

2.4
1.8
.8
1.0
1.9
.6

2.7
2.0
.8
1.0
1.9
.6

3.0
2.0
.9
1.0
2.0
.6

32
2.1
.9
1.0
2.1
.6

3.5
2.4
1.1
1.0
2.1
.6

3.9
2.5
1.1
.9
22
.7

4.3
2.7
1.1
.9
2.0
.7

4.6
2.9
1.2
.9
2.3
.9

Table 2.6.—Personal Consumption Expenditures by Type of Product: 1929-94—Continued
[Billions of dollars]
Line

1946

1947

1949

1950

1951

1952

1953

1954
894

1958

1959

1960

1961

1962

44

564

59.0

955

109.9

1174

127.0

1364

1444

153.7

Housing
Owner-occupied nonfarm dwellings—space rent

45
46

14.2
7.4

16.0
8.5

17.9
9.7

19.6
11.0

21.7
12.4

24.3
14.1

27.0
15.9

29.9
17.9

32.3
19.7

34.4
21.4

36.7
232

39.3
25.0

42.0
27.0

45.0
29.0

48.2
31.3

51.2
33.3

54.7
35.7

Tenant-occupied nonfarm dwellings—rent (25)
Rental value of farm dwellings (26)
Other (27)

47
48
49

4.9
1.3
.6

5.3
1.4
.8

5.9
1.5
.8

6.5
1.4
.8

7.1
15
.8

7.7
1.6
.9

8.4
1.7
.9

9.2
1.8
1.0

9.8
1.7
1.1

10.1
1.7
1.1

10.5
1.7
1.2

11.2
1.8
1.4

11.8
1.9
1.4

12.5
2.0
1.4

13.3
2.1
1.5

14.2
22
1.5

15.1
2.3
1.6

Household operation
Electricity (37)
Gas (38)
Water and other sanitary services (39)
Telephone and telegraph (41)
Domestic service (42)
Other (43)

50
51
52
53
54
55
56

6.8
1.3
.8
.5
1.3
2.1
.8

7.5
1.5
.9
.5
1.4
2.3
.9

8.1
1.7
1.0
.5
1.6
2.4
1.0

8.6
1.9
1.0
.6
1.7
2.4
1.0

9.5
2.1
1.2
.6
1.9
2.6
1.1

10.4
2.4
1.3
.7
2.2
2.7
1.2

11.2
2.7
1.5
.7
2.4
2.6
1.3

12.1
2.9
1.6
.8
2.7
2.7
1.4

12.7
3.2
1.8
.8
2.8
2.6
1.5

14.2
3.5
2.0
.9
3.1
3.1
1.6

15.4
3.8
2.3
1.0
3.3
3.3
1.7

16.4
4.1
2.4
1.1
3.6
3.3
1.8

17.5
4.4
2.7
1.1
3.9
3.5
1.9

18.7
4.7
2.9
1.2
4.2
3.6
2.1

20.3
5.1
3.3
1.4
4.5
34
2.3

21.2
5.3
3.5
15
4.8
3.7
2.3

22.4
5.7
3.8
1.6
5.1
3.8
2.4

Transportation
User-operated transportation
Repair, greasing, washing, parking, storage,
rental, and leasing (74).
Other user-operated transportation (76+77)
Purchased local transportation
Mass transit systems (79)
Taxicab (80)
Purchased intercity transportation
Railway (82)
Bus (83)
Airline (84)
Other (85)

57
58
59

5.0
2.0
1.7

5.3
2.4
2.0

5.8
2.8
2.2

5.9
3.0
2.4

6.2
3.4
2.5

6.8
3.8
2.9

7.3
4.2
3.1

8.0
4.9
3.5

8.2
5.2
3.6

8.5
5.5
3.9

8.9
5.9
4.3

9.4
6.2
4.6

9.7
6.6
4.8

10.5
7.3
52

11.2
7.9
5.5

11.7
8.3
54

12.2
8.7
62

60
61
62
63
64
65
66
67
68

.3
1.9
1.4
.5
1.0
.6
.3
.1
0

.5
1.9
1.4
.5
1.0
.5
.3
.1
0

.6
2.0
1.5
.5
1.0
.5
.3
.1
0

.7
2.0
1.5
.5
.9
.5
.3
.1

.9
1.9
1.4
.5
.9
.4
.3
.1
0

1.0
2.0
1.5
.5
1.0
.4
.3
.2
0

1.1
2.0
1.5
.5
1.1
.5
.4
2
0

1.5
2.0
1.5
.5
1.1
.4
3
.3
0

1.7
1.9
1.4
.5
1.0
.4
3
.3
0

1.5
1.9
1.4
.5
1.1
.4
.3
4
0

1.6
2.0
1.4
.6
1.1
.4
.3
.4

1.6
2.0
1.4
.6
1.2
.4
.3
.4
0

1.9
1.9
1.3
.6
1.1
3
.3
.5
0

2.1
2.0
1.4
.6
1.2
.3
.3
.6
0

23
2.0
1.4
.6
1.3
.3
.3
.7
0

2.5
2.0
1.4
.6
1.4
.3
.3
.8
0

2.5
2.0
1.4
.6
1.5
.3
.3
.9
0

Medical care
Physicians (47)
Dentists (48)
Other professional services (49)
Hospitals and nursing homes (50)
Health insurance (56) .

69
70
71
72
73
74

4.7
1.8
.8
.3
1.4
.4

5.7
2.1
.8
.4
1.7
.8

6.6
2.4
.9
.5
1.9
.8

6.8
2.5
.9
.5
2.1
.8

7.2
2.6
1.0
.5
2.3
.9

7.7
2.7
1.0
.5
2.6
.9

8.6
3.0
1.1
.5
2.9
1.1

9.6
3.3
1.2
.6
3.2
1.3

10.6
3.7
1.4
.6
3.5
1.4

11.3
3.8
1.5
.7
34
1.4

122
4.2
1.7
.7
42
1.4

13.4
4.6
1.8
.8
4.7
1.6

14.9
5.1
1.9
.9
5.4
15

16.4
5.5
2.0
1.3
6.0
1.7

17.6
5.8
2.0
1.5
6.5
1.8

18.7
5.9
2.1
1.7
7.0
2.0

20.8
6.5
2.3
2.1
7.8
2.2

Other
Personal care
Cleaning, storage, and repair of clothing and
shoes (17).
Barbershops, beauty parlors, and health clubs
lf>o t
other (19)
Personal business
Brokerage charges and investment counseling
(OIJ.
Bank service charges, trust services, and safe
deposit box rental (62).
Services furnished without payment by financial
intermediaries except life insurance carriers
and private noninsured pension plans.
Expense of handling life insurance (64)
Legal services (65)
Funeral and burial expenses (66)
Other (67)
Recreation
Admissions to specified spectator amusements
(94).
Other(92+98+99+100+101)
Education and research
Higher education (103)
Nursery, elementary, and secondary schools
Mddl
(lUtJ.
Other (105)
Religious and welfare activities (106)
Net foreign travel
Foreign travel by U.S. residents (108)
Less: Expenditures in the United States by
nonresidents (110).

75
76
77

15.2
3.3
2.2

16.5
3.6
2.4

17.7
3.8
2.5

18.1
3.8
2.5

19.1
3.8
2.5

20.4
4.1
2.7

21.6
4.3
2.8

23.4
4.6
2.9

25.2
4.8
2.9

27.2
5.1
3.0

29.7
5.4
3.1

31.4
5.7
32

33.3
5.8
3.1

36.3
6.2
3.2

38.8
6.4
3.3

41.5
6.7
3.3

43.5
7.1
3.4

78

1.0

1.0

1.0

1.0

1.1

1.2

1.3

1.4

1.6

1.7

2.0

2.2

2.3

2.5

2.6

2.8

3.1

79
80
81

.2
4.8
.3

.2
5.3
.3

.2
5.8
.3

2
6.0
.3

.2
6.6
.5

.2
7.2
.5

.3
7.5
.4

.3
8.3
.4

.3
9.1
.6

3
10.1
.7

.4
11.0
.7

.4
11.8
.7

.4
12.6
.9

.5
13.6
12

.5
14.6
1.2

.6
15.9
1.6

.6
16.2
1.5




834

1957

1034

See note at the end of the table.

75.7

1956

63.7

0

69.7

1955

45.8

Services

514

1946

0

82

.2

.3

.3

.3

.4

.4

.4

.5

.5

.6

.7

.7

.8

.9

.9

1.0

1.0

83

1.2

1.3

1.4

1.5

1.7

14

1.9

2.4

2.7

3.1

3.4

3.5

3.6

4.1

4.4

4.7

4.6

84
85
86
87
88
89

1.2
.6
.7
.5
3.7
2.1

1.4
.7
.8
.6
3.8
2.0

1.5
.8
.8
.6
3.8
1.9

1.6
.8
.9
.6
3.8
1.9

14
.9
.9
.6
3.9
1.8

1.9
1.0
1.0
.7
4.0
1.8

2.0
1.0
1.0
.7
4.3
1.7

2.1
1.1
1.1
.7
4.5
1.7

22
1.3
1.1
.7
4.8
1.8

2.5
1.4
1.1
.8
5.2
2.0

2.8
1.4
1.2
.8
5.6
2.1

3.1
1.6
1.3
.9
5.6
1.8

32
1.8
1.4
.9
5.8
1.7

32
1.9
1.4
1.0
6.3
1.7

3.6
2.0
1.5
1.1
6.9
1.8

3.7
2.3
1.5
1.1
7.4
1.8

3.9
2.4
1.6
1.1
8.0
1.9

90
91
92
93

1.6
1.2
.6
.3

1.8
1.5
.7
.4

1.9
1.7
.8
.5

2.0
1.8
.9
.5

2.1
1.9
.9
.5

2.3
2.1
1.0
.6

2.5
22
1.0
.7

2.8
2.4
1.0
.7

3.0
2.5
1.1
.8

3.2
2.8
1.2
.9

3.5
3.1
1.4
1.0

3.9
3.4
1.5
1.1

4.2
3.7
1.7
12

4.7
4.0
1.8
1.3

5.2
4.3
2.0
1.4

5.6
4.7
22
1.6

6.1
5.1
2.4
1.8

94
95
96
97
98

.3
2.1
.1
.5
.4

.3
2.1
2
.6
.4

.4
2.3

.4
2.3
.4
.9
.5

.5
2.4
.4
.9
.5

.5
2.6
.4
.9
.6

.5
3.0
.4
1.0
.6

.6
32
5
12
.7

.6
3.4
5
1.3
.7

.7
3.5
.6
15
4

.7
4.0
.7
1.6
.9

.8
42
.7
1.7
1.0

.9
4.5
.9
1.9
1.0

.9
5.0
1.1
2.1
1.1

.9
5.3
12
2.3
1.1

.9
5.6
12
2.3
1.1

.9
5.8
1.4
2.6
1.1

4
.7
.4

Table 2.6.—Personal Consumption Expenditures by Type of Product: 1929-94-£ontinued
[Billions of dollars]
Line

Personal consumption expenditures

1

1963
383.0

1964
411.4

1965

1966

444.3

481.9

1967
509.5

1968
559.8

1969
604.7

1970
648.1

1975

1976

1977

1978

1979

702.5

770.7

851.6

931.2

1,029.1

1,148.8

1277.1

1,4285

1593.5

1971

1972

1973

1974

2

51.6

56.7

63.3

683

70.4

80.8

85.9

85.0

96.9

110.4

123.5

1223

1335

158.9

181.1

201.4

213.9

Motor vehicles and parts
New autos (70)
Net purchases of used autos (71)
Other motor vehicles (72)
Tires, tubes, accessories, and other parts (73)

3
4
5
6
7

24.4
17.2
3.2
.9
3.0

26.0
18.3
3.4
1.0
3.2

29.9
21.4
3.8
1.3
3.5

30.3
21.0
3.9
1.5
3.8

30.0
20.0
4.3
1.6
4.0

36.1
24.5
4.6
2.3
4.6

38.4
25.1
5.0
2.8
5.4

35.5
21.9
4.8
2.7
6.1

44.5
28.2
5.3
3.9
7.1

51.1
31.6
5.9
5.6
8.0

56.1
33.9
6.4
6.9
8.9

49.5
27.0
6.6
6.4
9.5

54.8
29.3
7.4
7.7
10.3

71.3
38.2
9.7
12.1
11.4

83.5
44.4
10.4
15.9
12.9

93.1
48.5
11.1
19.1
14.4

93.5
49.3
11.3
16.6
16.3

Furniture and household equipment
Furniture, including mattresses and bedsprings
(29).
Kitchen and other household appliances (30)
China, glassware, tableware, and utensils (31)
Video and audio products, computing equipment,
and musical instruments (91).
Other durable house furnishings (32)

8
9

20.7
5.5

23.2
6.1

25.1
6.5

28.2
7.0

30.0
7.3

32.9
7.9

34.7
8.4

35.7
8.6

37.8
9.2

42.4
10.4

47.9
11.8

51.5
12.5

54.5
12.8

60.2
14.1

67.1
16.3

74.0
18.0

82.3
20.3

4.5
1.9
3.7

4.9
2.1
4.3

4.9
2.4
5.1

5.3
2.7
6.3

5.5
2.9
7.0

6.2
3.3
7.6

6.8
3.4
8.0

7.3
3.5
8.5

7.9
3.6
8.9

9.0
4.0
10.1

9.9
4.6
11.3

10.3
5.1
12.1

10.6
5.6
13.5

11.5
6.3
14.8

12.7
7.1
15.7

13.6
8.3
17.1

14.8
9.3
19.0

13

5.1

5.8

6.3

6.9

7.2

7.9

8.0

7.9

8.1

9.0

10.3

11.5

12.0

13.5

15.2

17.0

18.9

Other
Ophthalmic products and orthopedic appliances
(46).
Wheel goods, sports and photographic equipment,
boats, and pleasure aircraft (90).
Jewelry and watches (18)
Books and maps (87)

14
15

6.6
.8

7.5
.9

8.2
1.0

9.8
1.1

10.4
1.0

11.8
1.2

12.9
13

13.7
15

14.6
1.6

16.9
1.8

19.5
2.0

21.3
2.1

24.2
2.4

27.4
2.5

30.5
2.7

34.3
2.9

38.2
3.2

Durable goods

Nondurable goods
Food
Food purchased for off-premise consumption (3)
Purchased meals and beverages (4)
Food furnished to employees (including military)
and food produced and consumed on farms
(5+6).
Addenda: Food excluding alcoholic beverages (8)
Alcoholic beverages purchased for
off-premise consumption (9).
Other alcoholic beverages (10)
Clothing and shoes
Shoes(12)
Women's and children's clothing and accessories
except shoes (14).
Men's and boys' clothing and accessories except
shoes (15+16).

10
11
12

16

2.2

2.5

2.9

3.6

4.1

4.8

5.2

5.2

5.6

7.4

8.5

9.0

10.1

11.4

12.8

14.1

16.2

17
18

2.2
1.4

2.4
1.6

2.7
1.7

3.2
1.8

3.5
1.9

3.8
2.0

4.0
2.3

4.1
2.9

4.4
3.0

4.8
2.9

6.0
3.1

7.0
3.2

8.1
3.6

9.8
3.6

11.0
4.1

12.3
5.0

13.0
5.7

19

168.2

178.7

191.6

208.8

217.1

235.7

2532

272.0

285.5

308.0

343.1

384.5

420.6

458.2

496.9

549.9

624.0

20
21
22
23

88.3
65.6
20.5
2.2

93.6
69.5
21.9
2.2

100.7
74.5
23.9
2.3

109.3
80.8
25.9
2.6

112.5
83.0
26.8
2.7

122.2
89.4
30.2
2.7

131.5
96.0
32.7
2.8

143.8
104.4
36.5
2.8

149.7
108.2
38.8
2.7

161.4
115.5
43.0
2.9

179.6
128.0
48.4
3.2

201.8
144.7
53.2
3.9

223.1
158.5
60.4
4.2

242.4
169.6
68.0
4.7

262.4
182.5
75.0
4.8

289.2
198.9
85.0
5.4

324.2
221.3
96.7
6.2

24
25

76.4
7.2

81.2
7.6

87.8
7.9

95.5
8.4

98.4
8.8

106.9
9.8

114.8
10.9

125.1
12.3

129.3
13.7

139.3
14.8

155.6
15.9

175.6
17.6

194.6
19.1

211.8
20.3

229.3
21.9

253.0
23.6

283.3
26.6

26

4.6

4.8

5.1

5.4

5.2

5.6

5.8

6.4

6.6

7.3

8.1

8.6

9.5

10.3

11.2

12.6

14.3

27
28
29

29.8
4.8
16.4

32.4
5.2
17.8

34.1
5.4
18.6

37.4
6.0
20.2

39.2
6.4
20.9

43.2
7.1
23.0

46.5
7.8
24.6

47.8
7.8
25.6

51.7
8.1
28.1

56.4
8.9
30.4

62.5
9.8
33.7

66.0
9.9
36.0

70.8
10.3
38.8

76.6
11.1
42.1

84.1
12.2
45.9

94.3
14.1
51.7

101.2
16.0
55.0

30

8.6

9.4

10.0

11.2

12.0

13.1

14.1

14.4

15.4

17.1

19.0

20.1

21.7

23.5

26.0

28.5

30.2
66.2

Gasoline and oil (75)

31

13.0

13.6

14.8

16.0

17.1

18.6

20.5

21.9

23.2

24.4

28.1

36.1

39.7

43.0

46.9

50.1

Fuel oil and coal (40)

32

4.0

4.1

4.4

4.7

4.8

4.7

4.6

4.4

4.6

5.1

6.3

7.8

8.4

10.1

11.1

11.5

14.4

Other

33

33.1

35.0

37.6

41.4

43.5

47.0

50.2

54.1

56.4

60.8

66.6

72.7

78.5

86.0

92.4

104.7

118.0

34
35
36
37

7.5
3.9
3.3
4.9

7.6
4.2
3.7
5.3

8.1
4.5
3.9
5.7

8.5
5.0
4.3
6.3

8.9
5.4
4.6
6.7

9.4
5.9
4.9
7.1

9.8
6.2
4.9
7.6

10.8
6.6
4.9
8.2

11.3
6.9
5.0
8.4

12.2
7.4
5.3
8.9

13.2
8.3
5.9
10.0

14.1
9.3
6.3
11.4

15.1
10.3
6.6
12.5

16.8
11.3
7.2
13.5

17.0
12.6
7.9
14.6

18.3
14.0
8.7
16.8

19.2
15.5
9.7
19.4

38
39
40
41
42
43

4.8
3.1
1.3
.9
2.5
1.0

5.0
3.4
1.4
1.0
2.5
1.1

5.2
3.6
1.5
1.1
2.7
1.3

5.4
4.0
1.7
1.3
3.2
1.4

5.8
4.3
1.8
1.4
3.3
1.5

6.4
4.8
2.0
15
3.4
1.7

7.0
5.2
2.3
1.7
3.7
1.7

8.1
5.5
2.3
1.8
4.1
1.8

8.6
5.8
22
1.9
4.4
1.9

9.3
6.6
2.4
1.7
4.8

10.1
7.4
2.7
1.4
5.3
2.3

11.0
8.2
2.9
1.2
5.9
2.6

12.0
9.0
3.1
1.1
6.4
2.7

13.1
10.0
3.3
.9
7.0
2.9

14.2
10.8
3.7
1.0
7.7
2.9

16.3
12.3
4.5
1.2
9.1
3.6

19.1
13.6
5.0
1.4
10.9
4.2

Tobaoco products (7)
Toilet articles and preparations (21)
Semidurable house furnishings (33)
Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (34).
Drug preparations and sundries (45)
Nondurable toys and sport supplies (89)
Stationery and writing supplies (35)
Net foreign remittances (109 less 111)
Magazines, newspapers, and sheet music (88)
Flowers, seeds, ana potted plants (93)
See note at the end of the table.




22

Table 2.6.—Personal Consumption Expenditures by Type of Product: 1929-94—Continued
[Billions of dollars]
Line

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1977

1978

1979

44

163.2

176.1

1894

204.8

222.0

243.4

2656

291.1

320.1

352.3

384.9

4244

475.0

531.8

599.0

677.4

755.6

Housing
Owner-occupied nonfarm dwellings—space rent

45
46

58.0
37.8

61.4
40.0

65.4
42.7

69.5
45.3

74.1
48.3

79.7
51.9

86.8
56.6

94.0
61.3

102.7
67.3

112.1
73.7

122.7
81.0

134.1
89.7

147.0
98.8

161.5
108.7

179.5
121.3

201.7
138.1

226.6
156.9

Tenant-occupied nonfarm dwellings—rent (25)
Rental value of farm dwellings (26)
Other (27)

47
48
49

16.0
2.4
1.8

17.0
2.4
1.9

18.2
2.5
2.1

19.2
2.6
2.3

20.4
2.7
2.6

22.2
2.8
2.8

24.0
3.0
3.1

26.0
3.3
3.4

28.4
3.5
3.5

30.8
3.7
3.8

33.7
3.8
4.3

35.8
3.9
4.7

39.0
4.0
5.3

42.6
4.1
6.2

47.0
4.3
6.8

51.1
4.6
7.8

55.7
4.9
9.2

Household operation
Electricity (37) .
Gas (38)
Water and other sanitary services (39)
Telephone and telegraph (41)
Domestic service (42)
Other (43)

50
51
52
53
54
55
56

23.6
6.0
3.9
1.8
5.5
3.8
2.6

25.0
6.3
4.1
1.9
5.9
3.9
2,8

26.5
6.6
4.3
2.1
6.5
4.0
3.1

28.2
7.0
4.5
2.2
7.0
4.0
3.5

30.2
7.5
4.7
2.2
7.7
4.2
3.9

323
8.1
4.9
2.4
8.3
4.4
42

35.1
8.8
52
2.8
9.3
4.4
4.6

37.8
9.6
5.6
3.2
10.1
4.5
4.8

41.0
10.6
6.0
3.6
11.0
4.6
5.2

45.3
11.8
6.6
4.0
12.4
4.6
5.8

49.8
13.3
6.7
4.4
14.1
4.8
6.4

55.5
16.1
7.4
4.9
15.5
4.6
7.0

63.7
19.4
9.1
5.5
17.7
4.7
7.3

72.4
21.7
10.8
6.0
19.8
5.5
8.7

81.9
25.2
12.4
6.7
21.5
6.1
10.0

91.2
28.1
14.0
7.5
23.9
6.6
11.1

100.0
30.8
16.0
8.4
25.7
6.4
12.7

Transportatkin.
User-operated transportation
Repair, greasing, washing, parking, storage,
rental, and leasing (74).
Other user-operated transportation (76+77)
Purchased local transportation
Mass transit systems (79)
Taxicab (80)
Purchased intercity transportation
Railway (82)
Bus(83)
Airline (84)
Other (85)

57
58
59

12.7
9.2
6.6

13.4
9.6
7.1

14.5
10.4
7.6

15.9
11.5
8.1

17.3
12.4
8.8

18.9
13.3
9.7

20.9
14.5
10.9

23.7
16.7
12.3

27.1
19.4
13.9

29.8
21.2
15.1

31.2
21.8
15.8

33.3
22.7
17.0

35.7
24.4
19.8

41.3
28.3
22.1

49.2
34.5
25.7

53.5
37.8
28.5

59.1
41.7
32.2

60
61
62
63
64
65
66
67
68

2.5
2.0
1.4
.6
1.5
.3
.3
.9
0

2.8
2.1
1.4
.6
2.0
.3
.4
1.3
.1

3.3
2.1
1.5
.6
2.3
.3
.4
1.5
.1

3.5
2.2
1.5
.7
2.7
.3
.5
1.8
.1

3.6
2.4
1.6
.9
3.1
.2
.5
2.2
.1

3.6
2.7
1.7
1.0
3.7
.2
.5
2.8
.2

4.4
3.0
1.8
1.2
4.0
.2
.5
3.1
.2

5.6
3.3
1.9
1.4
4.4
.2
.6
3.5
.2

6.2
3.4
1.9
1.6
5.2
.2
.6
4.1
.2

6.0
36
1.9
1.6
5.9
.2
.6
4.7
.3

5.8
3.7
2.0
1.7
6.9
.3
.7
5.5
.4

4.6
4.0
2.1
2.0
7.3
.3
.7
5.9
.4

6.1
4.4
2.2
2.2
8.6
.3
.8
7.1
.5

8.7
4.8
2.4
2.4
9.9
.3
.8
8.3
.6

9.3
4.8
2.5
2.2
10.9
.2
.9
9.1
.6

9.5
4.8
2.8
2.0
12.6
.3
1.1
10.4
.8

Medical care
Physicians (47)
Dentists (48)
Other professional services (49)
Hospitals and nursing homes (50)
Health insurance (56)

69
70
71
72
73
74

22.6
6.9
2.3
2.4
8.7
2.2

25.8
8.2
2.7
2.9
9.7
2.4

28.0
8.5
2.8
3.3
10.6
2.7

30.7
9.1
3.0
3.6
12.1
3.0

33.9
10.0
3.4
3.1
14.3
3.1

39.2
10.9
3.7
3.4
17.1
4.0

44.7
12.4
4.3
3.4
20.3
4.2

50.4
14.0
4.9
3.7
23.4
4.4

56.9
15.3
5.1
3.9
27.7
4.9

63.8
16.6
5.6
4.3
31.3
6.0

71.6
18.4
6.6
5.2
35.0
6.4

80.6
20.3
7.3
6.0
40.6
6.4

93.5
23.5
8.2
7.3
47.9
6.6

106.7
25.8
9.3
8.9
55.8
7.0

123.0
29.6
10.3
10.3
63.4
9.4

140.0
32.5
11.3
11.4
72.9
11.9

158.0
36.8
12.3
12.8
83.7
12.4

Other , ,„
Personal care
Cleaning, storage, and repair of clothing and
shoes (17).
Barbershops, beauty parlors, and health clubs

75
76
77

46.3
7.2
3.5

50.5
7.7
3.6

55.1
8.2
3.8

60.6
8.9
4.0

66.6
9.5
4.1

73.3
10.2
4.3

78.0
10.5
4.5

85.3
10.9
4.5

92.5
10.8
4.3

101.3
11.4
4.5

109.6
12.0
4.4

120.8
12.4
4.4

135.0
13.2
4.5

149.8
14.1
4.7

165.4
15.8
4.9

191.0
17.4
5.3

212.0
18.6
5.5

78

3.2

3.4

3.6

4.0

4.4

4.7

4.8

5.2

52

5.4

5.8

6.1

6.5

6.9

8.2

8.9

9.4

79
80
81

.6
17.3
1.7

.7
18.9
1.9

.8
20.9
2.2

.9
23.1
2.6

1.0
25.6
3.0

1.2
28.3
3.5

1.2
29.2
3.0

1.3
32.0
2.3

1.3
35.2
3.0

1.5
38.5
3.4

1.8
41.6
2.5

1.9
46.2
2.1

2.2
53.0
2.9

2.5
59.7
3.6

2.7
66.1
3.6

3.2
79.9
4.4

3.7
89.3
4.9

Services

Other (19)
Personal business
Brokerage charges and investment counseling
rftn
l&l).
Bank service charges, trust services, and safe
deposit box rental (62).
Services furnished without payment by financial
intermediaries except life insurance carriers
and private noninsured pension plans.
Expense of handling life insurance (64)
Legal services (65)
Funeral and burial expenses (66)
Other (67)
Recreation
Admissions to specified spectator amusements
Other'(92+98+99+100+101)
Education and research
Higher education (103)
Nursery, elementary, and secondary schools
(104).
Other (105)
Religious and welfare activities (106)
Net foreign travel
Foreign travel by U.S. residents (108)
Less: Expenditures in the United States by
nonresidents (110).
See note at the end of the table.




2.5
2.0
1.4
.6
1.7
.3
.3
1.1
0

82

1.1

1.2

1.3

1.4

1.6

1.7

1.9

2.0

2.2

2.3

2.4

2.6

2.7

2.9

3.2

3.6

4.4

83

4.8

5.4

6.1

6.9

8.4

9.3

9.3

11.0

12.4

13.6

15.0

17.4

20.9

22.5

24.8

32.3

36.9

84
85
86
87
88
89

4.1
2.6
1.7
12
8.5
1.9

4.6
2.8
1.7
1.3
9.1
2.0

5.2
3.0
1.8
1.4
9.6
2.2

5.3
3.4
1.9
1.5
10.4
2.4

5.4
3.6
2.0
1.7
11.1
2.5

5.9
3.8
2.1
1.9
12.4
2.9

6.3
4.1
2.2
2.3
13.8
3.1

7.1
4.9
2.3
2.4
15.0
3.3

7.2
5.4
2.5
2.5
16.3
3.5

7.8
6.0
2.6
2.8
17.6
3.5

9.0
6.9
2.7
32
19.7
3.5

10.0
7.6
2.8
3.6
22.5
4.0

11.5
7.9
2.9
4.1
25.4
4.3

14.1
8.7
3.3
4.6
28.3
4.4

16.2
9.6
3.5
52
31.4
5.0

18.8
11.0
3.8
5.9
34.7
5.9

21.0
11.6
4.0
6.4
38.5
6.4

90
91
92
93

6.6
5.5
2.6
1.9

7.1
6.1
3.0
2.0

7.4
6.9
3.5
2.2

8.0
7.8
4.1
2.3

8.6
8.7
4.5
2.5

9.6
9.9
5.0
2.7

10.7
11.1
5.7
3.0

11.7
12.5
6.6
3.3

12.8
13.7
7.5
3.6

14.1
15.1
8.2
3.9

16.2
16.6
8.9
4.5

18.5
18.3
9.6
52

21.0
20.5
10.3
5.9

23.9
22.4
11.2
6.3

26.4
24.0
12.1
6.5

28.8
26.6
13.1
7.3

32.1
29.6
14.7
8.1

94
95
96
97
98

1.0
6.2
1.6
2.8
1.2

1.1
7.1
1.6
3.0
1.4

1.2
7.7
1.8
3.3
1.6

1.4
8.5
1.8
3.6
1.8

1.7
9.4
2.4
4.2
1.8

2.1
10.3
2.2
4.2
2.0

2.4
11.0
2.4
4.7
2.3

2.6
12.1
2.8
5.4
2.7

2.7
13.5
2.9
5.9
2.9

2.9
15.2
3.5
6.8
3.3

32
16.3
3.4
7.3
4.0

3.5
18.0
3.5
8.1
4.6

4.3
19.7
3.4
8.8
5.4

5.0
22.3
2.9
9.4
6.5

5.4
24.8
3.3
10.3
7.0

6.1
29.4
3.0
11.1
8.1

6.8
33.4
2.7
12.1
9.4

Table 2.6.—Personal Consumption Expenditures by Type of Product: 1929-94—Continued
[Billions of dollars]
Ljne

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

2,0763

2283.4

2,492.3

2,7043

2,892.7

3,094.5

3349.7

3,594.8

3,8393

3,975.1

42193

4,459.2

4,7173

1

1,760.4

1,9413

2

2135

230.5

2393

279.8

325.1

361.1

398.7

416.7

451.0

472.8

476.5

455.2

4885

530.2

5794

Motor vehicles and parts
New autos (70)
Net purchases of used autos (71)
Other motor vehicles (72)
Tires, tubes, accessories, and other parts (73)

3
4
5
6
7

87.0

95.3

102.9

126.9

152.5

175.7

46.4
10.8
11.8
17.9

50.7
12.8
12.8
19.6

53.3
13.6
15.6
20.4

66.0
15.6
23.0
22.3

77.1
21.4
30.7
23.2

86.3
24.4
40.8
24.3

192.4
99.0
23.8
45.0
24.6

193.1
91.3
28.4
48.2
25.2

207.5
97.6
29.7
52.5
27.7

214.4
94.8
32.6
58.6
28.3

210.3
92.4
31.6
56.9
29.4

187.6
75.3
32.0
51.4
28.9

206.9
82.1
35.5
59.5
29.8

226.2
86.4
402
67.9
31.7

246.6
91.2
44.1

Furniture and household equipment
Furniture, including mattresses and bedsprings
(29).
Kitchen and other household appliances (30)
.
China, glassware, tableware, and utensils (31)
Video and audio products, computing equipment,
and musical instruments (91).
Other durable house furnishings (32)

8
9

86.0
20.7

91.3
21.7

92.5
21.0

105.3
23.8

117.2
27.2

126.3
29.3

140.3
32.5

150.4
34.5

162.8
36.1

173.3
39.9

176.0
39.0

178.5
38.4

189.4
39.8

204.9
42.7

2262

10
11
12

15.1
10.3
19.9

15.5
11.5
21.3

15.2
12.5
22.1

16.8
13.0
27.1

18.4
13.7
30.2

19.8
14.0
33.7

21.2
14.8
39.2

21.8
14.7
43.1

22.3
16.0
48.9

23.0
17.5
51.9

22.4
18.5
53.8

21.6
18.9
57.3

22.2
20.7
61.2

24.0
22.0
68.1

25.6
24.0
78.5

13

20.0

21.2

21.7

24.5

27.7

29.4

32.7

36.3

39.4

41.0

42.3

42.3

45.5

48.2

52.3

Other
Ophthalmic products and orthopedic appliances
(46).
Wheel goods, sports and photographic equipment,
boats, and pleasure aircraft (90).
Jewelry and watches (18)
Books and maps (87)

14
15

40.5
3.4

43.4
3.6

43.9
3.9

47.7
4.4

55.4
5.3

59.0
6.2

66.0
7.2

73.2
8.4

80.7
10.1

85.2
10.8

90.1
12.7

89.1
11.4

92.3
11.6

99.1
11.8

106.7

16

15.6

16.4

16.3

16.9

20.4

212

23.0

25.6

27.7

29.4

29.8

29.5

29.9

32.6

35.6

17
18

15.0
6.5

16.0
7.3

15.6
8.0

17.4
9.0

19.8
10.0

21.1
10.6

24.3
11.4

26.2
13.0

28.6
14.3

29.7
15.2

31.2
16.5

31.4
16.9

33.2
17.7

35.6
19.0

37.7
20.6

Personal consumption expenditures
Durable goods

76.8

345
45.9

12.9

19

695.5

758.2

7863

830.3

883.6

927.6

957.2

1,014.0

1,081.1

1,163.8

12453

12773

1,3213

1370.7

1,428,4

20
21
22
23

355.4
242.8
105.9
6.7

382.8
259.7
115.8
7.3

402.6
271.7
123.3
7.6

422.9
282.2
133.3
7.4

446.3
296.6
142.4
7.3

466.5
309.3
150.0
7.1

490.8
322.5
161.5
6.8

513.9
330.8
176.7
6.5

551.2
351.8
192.6
6.8

588.4
377.0
204.1
7.2

630.5
404.8
218.0
7.7

650.0
419.1
223.1
7.8

660.0
423.3
228.6
8.0

686.8
435.6
243.0
8.3

7145
451.6
254.3
85

Addenda: Food excluding alcoholic beverages (8)
Alcoholic beverages purchased for
off-premise consumption (9).
Other alcoholic beverages (10)

24
25

310.0
29.7

333.7
32.2

350.9
34.4

368.3
36.5

390.4
37.1

407.5
39.4

428.7
41.3

450.8
41.4

485.6
43.1

519.8
45.6

556.2
49.7

573.2
51.7

583.9
50.5

608.7
51.8

633.6
53.9

26

15.7

16.9

17.3

18.0

18.8

19.5

20.8

21.7

22.6

23.0

24.6

25.0

25.5

26.3

27.0

Clothing and shoes
Shoes (12)
Women's and children's clothing and accessories
except shoes (14).
Men's and boys' clothing and accessories except
shoes (15+16).

27
28
29

107.3
17.4
58.0

117.2
19.3
63.2

120.5
19.2
65.7

130.9
20.4
72.1

142.5
21.6
79.4

152.1
22.9
85.3

163.1
24.5
92.1

174.4
26.0
98.4

185.9
27.7
104.3

199.9
30.6
111.1

205.9
31.9
113.7

211.3
31.9
116.8

225.5
33.6
125.3

236.5
34.4
131.9

247.8
36.0
137.5

30

31.9

34.6

35.6

38.4

41.6

43.9

46.5

49.9

53.9

58.2

60.3

62.6

66.7

70.2

74.4

Gasoline and oil (75)

31

86.7

97.9

94.1

93.1

94.6

97.2

80.1

85.4

87.1

96.6

109.2

103.9

106.6

107.6

109.4

Fuel oil and coal (40)

32

15.4

15.8

14.5

13.6

13.9

13.6

11.3

11.2

11.4

11.4

12.0

11.3

10.9

10.7

10.5

Other

33

130.6

144,5

155.2

169.8

186.3

198.2

211.9

229.1

245.3

267.5

287.6

301.2

318.8

329.0

346.2

34
35
36
37

20.9
16.9
10.6
21.9

22.8
18.4
11.8
24.0

24.3
19.3
12.4
25.7

27.5
21.4
13.7
27.1

292
23.7
15.4
29.2

30.8
25.7
16.4
30.6

32.2
27.7
18.3
32.0

345
30.0
19.3
33.1

35.0
32.2
20.4
35.9

392
34.9
20.9
38.9

42.0
37.8
21.2
41.9

43.8
39.4
21.6
43.9

49.6
41.4
23.2
46.5

46.6
43.1
25.0
48.5

47.3
45.3

38
39
40
41
42
43

21.8
14.6
5.5
1.8
12.0
4.7

24.9
16.0
6.2
2.1
13.0
5.3

27.6
17.1
6.6
2.7
13.8
5.7

31.4
18.4
7.1
2.7
14.6
6.0

35.2
20.5
8.0
2.8
15.7
6.5

38.7
21.4
8.5
3.2
15.9
6.9

42.7
22.9
9.0
3.0
16.5
7.7

47.0
25.3
10.0
3.1
17.6
9.2

51.8
27.4
10.9
2.6
19.3
9.8

57.9
30.0
11.9
2.9
20.2
10.6

65.1
31.6
12.5
3.0
21.5
11.1

70.9
32.8
12.9
2.8
21.9
11.3

75.0
34.2
13.5
1.6
21.6
12.3

78.1
36.6
14.2
1.4
22.7
12.7

81.6
39.7
15.1

Nondurable goods
Food
Food purchased for off-premise consumption (3)
Purchased meals and beverages (4)
Food furnished to employees (including military)
and food produced and consumed on farms
(5+6).

Tobacco products (7)
Toilet articles and preparations (21)
Semidurable house furnishings (33)
Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (34).
Drug preparations and sundries (45)
Nondurable toys and sport supplies (89)
Stationery ana writing supplies (35)
Net foreign remittances (109 less 111)
Magazines, newspapers, and sheet music (88)
Flowers, seeds, and potted plants (93)
See note at the end of the table.




27.2

50.8

1.4

24.5
13.4

Table 2.6.—Personal Consumption Expenditures by Type of Product: 1929-94—Continued
[Billions of dollars]
1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

44

Line

851.4

952.6

1,050.7

1,1713

1,283.6

1,416.1

1,536.8

1,663.8

15175

1,958.1

2,1175

2,2423

2,409.4

2,558.4

2,709.1

Housing
Owner-occupied nonfarm dwellings—space rent

45
46

255.2
178.4

287.9
200.9

313.2
217.9

339.0
235.6

370.6
257.2

407.1
279.4

442.2
303.1

476.6
328.2

512.9
356.2

547.4
383.2

586.3
410.7

616.5
434.1

646.8
457.8

672.8
480.9

712.7
507.0

Tenant-occupied nonfarm dwellings—rent (25)
Rental value of farm dwellings (26)
Other (27)

47
48
49

61.8
5.1
9.9

71.1
5.2
10.7

78.7
5.0
11.6

85.7
5.1
12.7

94.5
5.1
13.8

107.9
5.0
14.8

118.9
4.9
15.4

126.5
4.9
17.0

133.4
43
18.5

139.8
5.0
19.5

150.1
5.1
20.5

155.8
5.2
21.3

160.5
5.3
23.1

162.1
5.5
24.3

174.0
5.8
26.0

Household operation
Electricity (37)
Gas (38)
Water and other sanitary services (39)
Telephone and telegraph (41)
Domestic service (42)
Other (43)

50
51
52
53
54
55
56

113.0
37.2
19.1
9.4
27.6
6.1
13.6

126.0
42.5
20.9
10.5
30.9
6.2
15.0

141.4
47.1
25.6
11.7
35.1
6.5
15.5

155.9
51.6
29.1
13.1
38.6
6.6
16.8

168.0
55.4
29.3
14.9
41.8
7.7
18.9

180.3
59.3
29.5
17.0
46.0
7.7
20.8

186.9
60.7
26.6
19.1
49.3
8.2
23.1

194.9
63.3
25.5
21.1
51.9
8.2
24.8

206.6
66.9
27.2
23.0
54.3
8.9
26.3

219.8
69.8
29.0
25.5
58.0
9.6
27.9

226.3
71.9
26.8
27.5
60.4
10.1
29.5

237.6
76.7
28.2
29.2
63.5
9.9
30.1

246.2
77.0
29.5
31.1
70.3
10.9
29.4

268.8
83.0
32.7
33.8
74.5
11.5
33.3

283.7
84.2
32.4
36.6
82.6
11.9
35.8

Transportation
User-operated transportation
Repair, greasing, washing, parking, storage,
rental, and leasing (74).
Other user-operated transportation (76+77)
Purchased local transportation
Mass transit systems (79)
Taxicab (80)
Purchased intercity transportation
Railway (82)
Bus (83)
Airline (84)
Other (85)

57
58
59

64.7
44.6
34.0

68.7
47.3
37.2

70.9
49.0
38.5

79.4
55.4
43.7

90.0
63.1
51.6

100.0
72.0
60.5

107.3
78.5
64.0

118.2
87.3
69.8

130.5
97.0
78.4

137.8
102.9
84.1

143.7
107.4
873

145.3
109.9
85.2

158.1
122.2
94.4

170.2
131.7
102.4

186.2
146.6
116.4

60
61
62
63
64
65
66
67
68

10.5
4.8
2.9
1.9
15.4
.3
1.4
12.8
.9

10.1
5.0
3.3
1.7
16.3
.3
1.6
13.4
1.0

10.5
5.4
3.8
1.5
16.6
.3
1.7
13.5
1.2

11.7
5.8
4.0
1.9
18.1
.4
1.5
14.9
1.3

11.5
6.4
4.1
2.3
20.5
.4
1.5
17.2
1.4

11.5
6.8
4.2
2.6
21.1
.5
1.3
17.6
1.7

14.5
7.1
4.5
2.5
21.8
.5
1.1
18.3
1.8

17.5
6.9
4.6
2.4
23.9
.6
1.4
19.9
2.1

18.6
72
4.9
2.3
26.3
.7
1.6
21.6
2.4

18.9
7.1
4.8
2.3
27.8
.8
1.3
23.1
2.6

20.1
7.8
5.2
2.6
28.5
.8
1.0
23.9
2.8

24.7
7.9
5.3
2.6
27.5
.8
1.1
23.0
2.6

27.8
8.0
5.4
2.6
27.9
.8
1.1
23.3
2.8

29 2
8.4
5.6
2.8
30.1
.8
1.0
25.4
2.9

30.2
8.9
5.9
3.0
30.7
.7
1.1
25.8
3.2

Medical care
Physicians (47)
Dentists (48)
Other professional services (49)
Hospitals and nursing homes (50)
Health insurance (56)

69
70
71
72
73
74

181.2
42.8
13.7
14.4
97.5
12.8

213.0
50.4
16.1
17.3
114.6
14.6

239.4
55.2
17.4
18.2
130.8
17.9

267.8
62.5
18.9
22.4
144.9
19.2

294.1
69.9
20.6
26.3
154.9
22.4

321.8
78.0
22.6
30.5
166.6
24.3

346.1
86.4
24.2
34.8
180.4
20.3

381.1
100.8
26.8
39.1
195.6
18.9

428.7
115.1
28.5
44.8
216.4
23.8

477.1
125.6
30.6
50.4
239.3
31.2

537.7
140.8
32.9
60.9
265.7
37.4

586.5
152.1
34.7
68.8
293.4
37.3

646.6
167.2
38.5
78.2
320.0
42.7

695.6
172.5
40.8
87.6
341.1
53.6

731.6
180.0
43.9
95.7
357.0
55.0

Other
Personal care
Cleaning, storage, and repair of clothing and
shoes (17).
Barbershops, beauty pariors, and health clubs
("JOther (19)
Personal business
Brokerage charges and investment counseling
(61).
Bank service charges, trust services, and safe
deposit box rental (62).
Services furnished without payment by financial
intermediaries except life insurance carriers
and private noninsured pension plans.
Expense of handling life insurance (64)
Legal services (65)
Funeral and burial expenses (66)
Other (67)
Recreation
Admissions to specified spectator amusements

75
76
77

237.3
19.6
5.7

257.0
20.5
5.9

285.7
20.7
5.8

331.3
24.6
6.3

361.0
25.9
6.9

407.0
28.5
7.3

454.2
312
7.7

493.0
34.6
8.4

538.9
39.2
9.6

576.1
42.4
10.7

6235
45.2
11.5

656.4
42.8
11.2

709.7
46.6
11.4

751.0
47.9
11.4

794.8
50.2
11.6

Services

Other'(92+98+99+100+101)
Education and research
Higher education (103)
Nursery, elementary, and secondary schools
(104).
Other (105)
Religious and welfare activities (106)
Net foreign travel
Foreign travel by U.S. residents (108)
Less: Expenditures in the United States by
nonresidents (110).

1980

1981

78

9.7

9.8

9.8

11.8

12.4

13.4

14.6

16.3

17.8

19.0

19.5

19.7

21.8

22.0

23.0

79
80
81

4.2
101.2
6.9

4.8
107.8
6.9

5.1
121.3
8.8

6.5
145.2
12.7

6.7
156.3
12.3

7.8
182.6
15.2

9.0
213.2
20.3

9.9
230.7
23.4

113
246.9
19.5

12.8
266.8
22.4

14.1
290.1
22.8

11.9
318.9
25.3

13.4
341.7
30.4

14.6
357.4
35.7

15.6
370.4
36.2

82

5.6

7.3

9.1

11.1

12.8

14.8

16.8

19.2

20.1

22.3

23.6

25.7

28.0

30.7

31.6

83

40.2

39.4

42.9

57.4

60.8

72.3

90.4

97.7

104.1

110.0

121.1

1332

142.9

144.2

151.5

84
85
86
87
88
89

23.9
13.0
4.6
7.1
43.1
6.7

26.2
15.4
4.9
7.7
49.7
7.1

30.0
17.1
5.1
8.4
553
8.0

30.7
18.8
5.4
9.0
62.1
8.7

33.4
21.3
6.1
9.7
68.4
9.7

38.6
24.4
6.8
10.5
76.1
9.7

40.0
27.2
7.1
11.4
82.1
10.6

40.0
30.8
7.5
12.1
882
10.9

48.8
34.9
8.2
13.3
98.9
12.0

51.1
38.1
8.5
14.4
107.6
13.3

56.4
41.8
9.0
15.3
117.4
15.1

66.5
42.9
9.4
15.8
122.4
15.7

67.5
46.5
10.1
16.4
134.0
16.6

70.9
47.9
103
17.3
148.5
18.1

72.6
48.8
11.1
18.5
157.9
19.0

90
91
92
93

36.4
33.3
16.5
9.3

42.5
37.5
19.0
10.3

47.3
41.2
22.0
10.7

53.4
45.0
24.2
11.6

58.6
48.7
26.5
12.4

66.3
52.9
28.8
13.1

71.5
56.9
31.2
13.6

77.3
61.4
33.8
14.5

86.9
682
36.6
15.4

94.3
75.4
40.3
16.9

102.3
80.7
44.0
17.5

106.7
86.1
48.0
18.0

117.5
93.1
52.0
19.3

130.4
98.5
55.5
20.1

138.9
104.7
59.0
21.4

94
95
96
97
98

7.5
38.3
1.7
13.3
11.6

8.2
43.2
-1.6
15.0
16.6

8.5
47.4
-.2
16.5
16.7

9.2
51.8
2.5
18.4
15.9

9.9
58.0
3.6
26.1
22.5

11.0
62.6
4.4
27.9
23.5

12.1
69.7
1.2
27.8
26.6

13.2
74.4
3.6
33.9
30.3

162
83.3
3
36.9
36.6

18.2
90.4
-6.5
37.4
44.0

19.2
100.4
-10.4
412
51.6

202
104.1
-18.0
39.7
57.7

21.7
115.6
-21.3
43.4
64.7

23.0
121.3
-22.6
46.0
68.6

24.4
131.2
-19.6
50.1
69.7

NOTE.—The figures in parentheses are the line numbers of the corresponding items in table 2.4.




Table 2.7.—Real Personal Consumption Expenditures by Type of Product: 1982-94
[Billions of chained (1992) dollars]
Line

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1

35815

3,2405

3,407.6

35665

3,706.7

3522.3

3,972.7

4,064.6

4,132.2

4,105.8

4,2193

4,343.6

2

2855

327.4

374.9

411-4

448.4

4545

4835

496.2

493.3

462.0

488.5

523.6

561.2

Motor vehicles and parts
New autos (70)
Net purchases of used autos (71)
Other motor vehicles (72)
Tires, tubes, accessories, and other parts (73)

3
4
5
6
7

133.9
70.3
20.6
21.2
20.9

160.5

84.8
20.9
30.5
23.3

187.7
96.3
26.4
39.2
25.3

211.2
104.4
30.4
50.0
26.3

224.8
114.7
30.0
53.1
26.7

216.2
102.2
30.8
56.0
27.1

229.4
107.3
32.6
60.3
29.2

230.3
102.0
33.8
65.3
29.1

224.3
98.1
35.0
61.1
30.0

193.2
77.1
34.0
53.0
29.2

206.9
82.1
35.5
59.5
29.8

218.9
84.4
36.7
65.7
32.1

230.0
86.2
37.5
71.4
35.1

Furniture and household equipment
Furniture, including mattresses and bedsprings
(29).
Kitchen and other household appliances (30)
China, glassware, tableware, and utensils (31)
Video and audio products, computing equipment,
gnd musical instalments (91).
Other durable house furnishings (32)

8
9

91.3
26.0

103.5
28.7

115.5
32.2

125.3
33.8

140.6
36.6

149.9
37.9

160.8
38.4

170.9
42.3

173.5
40.6

177.0
39.7

189.4
39.8

207.8
41.6

229.4
43.2

10
11
12

15.0
15.2
13.8

162
15.6
17.9

17.7
16.4
20.9

19.5
16.7
24.7

21.0
17.1
30.8

21.5
16.6
35.0

21.9
17.8
40.7

22.5
19.0
44.2

22.0
19.6
47.9

21.5
19.4
53.6

22.2
20.7
61.2

23.8
22.1
72.6

25.0
23.5
87.4

13

27.1

29.9

33.2

34.4

37.9

41.1

43.4

44.2

44.2

43.0

45.5

47.8

51.4

Other
Ophthalmic products and orthopedic appliances
(46).
Wheel goods, sports and photographic equipment,
boats, and pleasure aircraft (90).
Jewelry and watches (18)
Books and maps (87)

14
15

61.9
5.8

65.3
6.3

74.6
7.3

78.1
8.3

85.7
9.3

90.9
10.3

95.2
11.8

96.4
12.2

96.6
13.8

91.8
11.9

92.3
11.6

97.2
11.5

102.3
12.3

16

20.4

20.7

24.5

25.2

27.2

29.6

30.9

31.8

31.2

30.0

29.9

32.5

34.8

17
18

23.2
12.6

25.4
13.1

28.6
14.1

30.8
13.9

35.3
14.3

35.3
15.9

35.7
16.9

35.1
17.3

34.0
17.6

32.6
17.3

33.2
17.7

34.8
18.5

35.6
19.6

Personal consumption expenditures
Durable goods

Nondurable goods
Food
Food purchased for off-premise consumption (3)
Purchased meals and beverages (4)
Food furnished to employees (including military)
and lood produced and oonsumed on farms
(5+6).
Addenda: Food excluding alcoholic beverages (8)
Alcoholic beverages purchased for
off-premise consumption (9).
Other alcoholic beverages (10)

4,486.0

19

1580.6

1,112.4

1,1515

1,1785

1,215.9

1339.3

1,274.4

1,3035

1316.1

1,302.9

1,321.8

1351.0

1,389.9

20
21
22
23

565.1
369.8
184.4
10.8

579.7
378.5
190.9
102

589.9
384.8
195.3
9.7

602.2
395.3
197.6
9.2

614.0
401.4
204.0
8.5

620.8
398.5
214.6
7.7

641.6
409.4
224.3
7.9

650.1
415.0
227.2
7.9

662.9
423.3
231.6
8.0

659.6
423.7
228.0
7.9

660.0
423.3
228.6
8.0

675.3
428.8
238.4
8.1

687.9
434.5
245.1
8.3

24
25

486.4
50.2

499.9
51.3

510.6
50.9

521.4
52.8

532.2
53.8

539.8
52.8

560.1
53.5

568.2
54.9

578.2
57.4

580.4
53.3

583.9
50.5

598.1
51.7

608.7
53.7

26

29.5

29.3

29.1

28.6

28.5

28.5

28.2

27.3

27.6

25.9

25.5

25.6

25.6

Clothing and shoes
Shoes (12)
Women's and children's clothing and accessories
except shoes (14).
Men's and boys' clothing and accessories except
shoes (15+16).

27
28
29

157.1
24.1
86.8

167.3
25.4
93.4

179.9
26.6
101.7

186.5
27.9
105.6

199.9
29.9
114.5

205.4
30.9
116.5

210.0
31.5
118.3

220.7
33.5
124.2

217.9
34.0
120.6

215.9
32.9
1192

225.5
33.6
125.3

234.2
34.2
130.3

247.1
35.7
137.0

30

462

48.5

51.6

53.0

55.5

58.0

60.2

63.1

63.3

63.8

66.7

69.6

74.4

Gasoline and oil (75)

31

91.0

93.0

95.9

97.8

102.5

105.3

106.5

108.1

107.3

103.4

106.6

108.7

109.8

Fuel oil and coal (40)

32

12.8

12.9

12.8

13.0

13.4

13.0

13.2

12.6

112

10.8

10.9

10.7

10.7

Other
Tobacco products (7)
Toilet articles and preparations (21)
Semidurable house furnishings (33)
Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (34).
Drug preparations and sundries (45)
Nondurable toys and sport supplies (89)
Stationery and writing supplies (35)
Net foreign remittances (109 less 111)
Magazines, newspapers, and sheet music (88)
Flowers, seeds, and potted plants (93)

33
34
35
36
37

254.6
61.8
27.6
16.1
35.3

259.3
58.5
28.8
16.8
35.9

273.4
58.3
31.0
18.2
37.7

279.1
58.0
32.4
18.9
382

285.5
56.7
33.8
20.6
39.0

294.5
56.8
35.7
21.4
39.1

302.6
52.8
37.1
22.4
41.2

311.5
52.4
38.7
22.6
42.1

316.7
50.9
40.1
22.0
43.7

313.2
47.5
39.9
22.0
44.2

318.8
49.6
41.4
23.2
46.5

322.1
44.8
42.4
24.7
48.3

334.3
47.2
43.7
25.7
50.2

38
39
40
41
42
43

56.1
21.1
8.9
5.3
22.1
7.4

58.4
22.3
9.2
5.6
21.8
7.8

60.9
24.6
10.0
6.2
22.7
8.4

62.3
25.7
10.4
7.0
21.7
8.7

64.3
27.1
10.9
4.5
21.6
9.6

66.5
29.2
11.9
2.9
22.2
10.9

68.7
30.1
12.7
3.5
23.5
11.5

71.4
31.7
13.4
4.0
23.5
12.2

74.5
32.6
13.5
3.4
23.8
12.5

75.3
33.3
13.5
3.0
22.8
11.8

75.0
34.2
13.5
1.6
21.6
12.3

75.4
36.3
14.0
1.5
21.9
12.9

76.7
38.9
14.4
1.4
22.9
13.4

See note at the end of the table.




Table 2.7.—Real Personal Consumption Expenditures by Type of Product: 1982-94—Continued
[Billions of chained (1992) dollars]
1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

44

1,728.2

1,809.0

1,883.0

1,977.3

2,041.4

2,126.9

2,212.4

2,262.3

2,321.3

2,341.0

2,409.4

2,468.9

2,535.5

Housing
Owner-occupied nonfarm dwellings-space rent
(24).
Tenant-occupied nonfarm dwellings—rent (25)
Rental value of farm dwellings (26)
Other (27)

45
46

500.9
346.3

511.8
353.5

531.8
367.4

551.1
377.1

565.5
386.5

583.4
401.0

600.9
415.8

614.6
428.6

627.2
437.6

635.2
447.0

646.8
457.8

654.7
467.9

674.3
479.6

47
48
49

126.2
6.6
22.1

129.3
6.4
23.0

135.0
6.4
23.4

144.6
6.2
23.4

149.8
6.0
23.4

152.6
5.8
24.2

154.7
5.8
24.9

155.6
5.6
25.1

160.0
5.6
24.2

160.1
5.5
22.5

1605
5.3
23.1

158.0
5.2
23.5

165.2
5.2
24.3

Household operation
Electricity (37)
Gas (38)
Water and other sanitary services (39)
Telephone and telegraph (41)
Domestic service (42)
Other (43)

50
51
52
53
54
55
56

187.0
61.0
28.7
22.4
41.5
7.9
24.4

193.0
64.8
27.8
23.2
43.0
8.0
25.3

197.7
65.4
27.9
24.8
43.3
9.2
27.0

205.6
67.6
28.3
26.6
46.3
9.1
27.8

209.8
68.3
26.7
28.3
48.2
9.6
29.6

219.4
71.5
26.9
29.5
52.0
9.5
30.6

229.2
74.5
28.9
30.3
55.0
10.2
30.7

237.6
75.5
30.0
31.6
58.7
10.8
31.2

240.1
76.1
27.7
31.9
61.3
11.1
32.5

243.4
78.2
28.7
31.3
63.8
10.2
31.1

248.2
77.0
29.5
31.1
70.3
10.9
29.4

261.5
81.4
30.8
32.0
73.7
11.1
32.4

270.5
82.6
30.0
33.0
79.6
11.2
34.2

Transportation
User-operated transportation
Repair, greasing, washing, parking, storage.
rental, and leasing (741.
Other user-operated transportation (76+77)
Purchased local transportation
Mass transit systems (79)
Taxicab (80)
Purchased intercity transportation
Railway (82)
Bus (83)
Airline (84)
Other (85)

57
58
59

109.9
81.1
57.4

117.0
86.5
62.3

128.6
96.1
71.0

140.6
107.3
80.8

145.7
109.4
82.0

151.0
113.9
85.6

159.0
121.3
92.3

160.8
123.6
94.7

159.9
122.7
94.2

152.3
116.0
88.3

158.1
122.2
94.4

163.1
126.6
98.7

175.2
136.5
108.5

60
61
62
63
64
65
66
67
68

26.4
8.3
6.0
2.3
20.2
.5
2.6
15.4
1.9

26.3
8.7
6.0
2.7
21.5
.6
2.2
16.8
2.0

26.4
9.1
5.8
3.3
23.2
.6
2.0
18.6
2.0

26.9
9.5
5.9
3.6
24.0
.7
1.7
19.4
2.4

28.0
9.2
5.8
3.4
27.0
.7
1.3
22.6
2.4

28.8
8.7
5.7
3.0
28.3
.7
1.6
23.4
2.6

29.1
8.6
5.9
2.7
29.0
.8
1.8
23.5
3.0

28.8
8.3
5.7
2.7
28.9
.8
1.4
23.7
3.0

28.4
8.6
5.7
2.9
28.6
.8
1.1
23.7
3.0

27.8
8.3
5.6
2.7
27.9
.8
1.1
23.3
2.7

27.8
8.0
5.4
2.6
27.9
.8
1.1
23.3
2.8

27.9
8.2
5.4
2.7
28.3
.8
1.1
23.9
2.6

28.0
8.6
5.7
2.9
30.1
.7
1.1
25.5
2.8

Medical care
Physicians (47)
Dentists (48)
Other professional services (49)
Hospitals and nursing homes (50)
Health insurance (56)

69
70
71
72
73
74

442.2
107.6
33.3
30.0
239.8
33.1

459.7
113.0
33.9
34.8
246.7
32.5

472.4
118.3
34.3
39.2
248.2
33.6

490.7
124.6
35.3
42.4
253.8
35.7

510.3
128.7
35.9
46.0
264.0
36.7

537.3
139.8
37.1
50.0
272.1
39.0

561.3
149.1
37.1
54.3
281.1
40.4

575.8
151.5
37.5
57.9
288.3
40.9

602.8
158.5
37.7
66.4
299.0
41.3

621.6
161.7
37.1
71.6
309.6
41.7

646.6
167.2
38.5
78.2
320.0
42.7

655.3
163.4
38.8
84.9
327.0
41.5

662.1
162.4
39.8
892
331.5
40.0

Other
Personal care
Cleaning, storage, and repair ol clothing and
chnac M 7\
snoes 11 f).
Barbershops, beauty parlors, and health clubs
(22).
Other (19)
Personal business
Brokerage charges and investment counseling
(bl).
Bank service charges, trust services, and safe
deposit box rental (62).
Services furnished without payment by financial
intermediaries except life insurance carriers
and private noninsured pension plans.
Expense of handling life insurance (64)
Legal services (65)
Funeral and burial expenses (66)
Other (67)
Recreation
Admissions to specified spectator amusements

75
76
77

484.5
31.3
9.1

524.9
35.5
9.3

549.9
35.7
9.7

587.0
37.5
9.8

608.5
39.6
9.9

635.0
42.2
10.4

661.6
46.0
11.4

672.8
47.3
12.0

691.2
48.1
12.4

688.4
43.9
11.5

709.7
46.6
11.4

734.5
46.6
11.0

754.0
47.5
11.0

78

14.3

16.5

16.6

172

18.2

19.6

20.6

21.0

20.6

20.1

21.8

21.4

21.8

79
80
81

8.0
246.2
8.1

9.7
263.2
12.5

9.4
270.5
12.9

105
289.0
15.3

11.6
302.4
19.2

12,2
311.8
21.9

14.0
320.5
20.0

14.4
324.5
22.7

15.2
331.3
22.9

12.2
339.2
25.7

13.4
341.7
30.4

14.2
351.7
37.3

14.7
352.1
37.8

Line
Services

Other ^(92+98+99+100+101)
Education and research
Higher education (103)
Nursery, elementary, and secondary schools
(104).
Other (105)
Religious and welfare activities (106)
Net foreign travel
Foreign travel by U.S. residents (108)
Less: Expenditures in the United States by
nonresidents (110).

Residual

1982

82

18.9

20.3

21.5

23.3

24.8

26.7

26.3

27.4

27.1

27.2

28.0

29.0

27.5

83

113.3

127.5

130.2

136.5

144.1

150.1

148.8

145.3

147.8

145.4

142.9

144.5

146.5

84
85
86
87
88
89

54.3
34.2
9.8
13.2
84.0
14.0

51.7
33.0
9.3
13.4
90.8
14.3

53.0
34.3
9.4
13.7
95.6
15.0

55.9
36.9
9.9
14.5
102.4
14.2

53.5
38.5
9.8
15.0
106.4
14.7

49.9
40.6
9.6
15.2
110.3
14.4

57.3
44.1
10.1
15.9
118.6
15.0

58.2
45.5
10.0
16.3
123.0
15.5

61.2
46.4
10.1
16.6
127.3
16.5

69.9
45.1
9.9
16.3
126.5
16.3

67.5
46.5
10.1
16.4
134.0
16.6

68.3
45.9
10.3
16.8
143.7
173

68.1
45.3
10.1
17.1
149.5
17.8

90
91
92
93

70.3
68.9
41.8
15.9

76.7
71.2
42.8
16.4

80.9
72.8
43.6
16.7

88.2
75.4
44.4
17.2

91.7
77.7
45.5
17.3

95.9
79.9
46.6
17.7

103.6
83.8
47.6
17.8

107.5
87.6
49.1
18.6

110.8
89.3
50.2
18.6

110.2
90.3
51.1
18.5

117.5
93.1
52.0
19.3

125.9
94.7
52.4
19.6

131.7
96.8
53.1
20.4

94
95
96
97
98

11.8
66.1
-75
20.2
27.7

12.4
70.1
-1.8
23.3
25.0

12.9
75.9
.7
34.3
33.7

14.1
80.1
4.3
37.8
33.5

15.1
86.7
-2.5
34.2
36.7

15.8
89.1
3.0
42.9
39.8

18.5
95.0
-1.7
44.0
45.7

19.9
98.7
-8.1
44.5
52.5

20.5
106.6
-11.6
46.1
57.7

20.7
106.9
-18.3
41.6
59.9

21.7
115.6
-21.3
43.4
64.7

22.6
118.6
-20.8
46.0
66.8

23.4
125.6
-17.6
48.8
66.4

99

-37.2

-28.9

-20.3

-17.1

-10.1

-9.9

-62

-15

-1.8

-.6

-.3

-1.0

-43

NOTE.—Chained (1992) dollar series are calculated as the product of the chain-type quantity index and the 1992
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive.




The resktual line is the difference between the first line and the sum of the most detailed lines,
Chain-type quantity indexes for the series in this table appear in table 7.5.
The figures in parentheses are the line numbers of the corresponding items in table 2.4.

Table 2.8.—Personal Income by Type of Income: 1959-94
[Billions of dollars; months seasonally adjusted at annual rates]
Wage and salary disbursements
Year and month

Personal
income

Goods-producing
All
industries

Private
industries

Total

Manufacturing

Distributive

Service

ment

Other
labor
income

Proprietors' income
with inventory valuation and capital consumption adjustments
Farm

Nonfarm

Rental income
of persons with
capital
consumption
adjustment

Personal
dividend
income

Personal
interest
income

Transfer
payments

Less:
Personal
contributions
for social
insurance

38.8

46.0

10.6

10.9

40.9

17.7

12.7

22.7

27.0

7.9

41.7
44.4
476
50.7
54.9

49.2
52.4
56.3
60.0
64.9

11.2
11.8
13.0
14.0
15.7

11.5
12.1
12.1
11.9
10.8

40.5
42.3
44.4
45.8
49.8

18.6
19.2
20.0
20.7
21.0

13.4
14.0
15.0
16.1
18.0

25.0
26.9
29.3
32.4
36.1

28.8
32.8
34.1
36.2
37.9

9.3
9.7
10.3
11.8
12.6

59.4
65.3
72.0
80.4

69.9
78.3
86.4
96.6
105.5

17.8
19.9
21.7
25.2
28.5

13.0
14.1
12.7
12.8
14.6

52.1
55.3
58.2
62.5
64.6

21.8
22.5
23.6
22.7
23.4

20.2
20.9
22.1
24.5
25.1

40.3
44.9
49.5
54.6
60.8

41.1
45.7
54.6
63.2
70.3

13.3
17.8
20.6
22.9
26.2

1959

394.4

259.8

213.8

109.9

1960
1961
1962
1963
1964

412.5
430.0
457.0
460.0
514.5

272.8
280.5
299.3
314.8
337.7

223.7
228.0
243.0
254.8
272.9

113.4
114.0
122.2
127.4
136.0

100.7
107.3

1965
1966
1967
1968
1969

556.7
605.7
650.7
714.5
779.3

363.7
400.3
428.9
471.9
518.3

293.8
321.9
342.5
375.3
412.7

146.6

115.7

161.6

128.2

169.0
184.1
200.4

134.3
146.0
157.7

87.9
95.1
101.6
110.8
121.7

1970
1971
1972
1973
1974

837.1
900.2
988.8
1,107.5
1,215.9

551.5
583.9
638.7
708.7
772.6

434.3
457.4
501.2
560.0
611.8

203.7
209.1
228.2
255.9
276.5

158.4
1605
175.6
196.6

131.2
140.4
153.3
170.3

211.8

99.4
107.9
119.7
133.9
148.6

117.1
126.5
137.4
148.7
160.9

32.5
36.7
43.0
49.2
56.5

14.8
15.4
19.5
32.6
25.8

65.4
71.1
78.8
84.2
89.8

23.6
24.6
24.3
25.8
25.7

23.5
23.5
25.5
27.7
29.6

69.2
75.7
81.8
94.1
112.4

84.6
100.1
111.8
127.9
151.3

27.9
30.7
34.5
42.6
47.9

1975
1976
1977
1978
1979

1.319.0
1.459.4
1.616.1
1,825.9
2,055.8

814.6
899.5
993.9
1,120.8
1,255.9

710.8
791.6
901.2
1,018.8

277.1
309.7
346.1
392.6
442.5

238.0
266.7
300.1
335.3

198.1
219.5
242.7
274.9
308.5

163.4
181.6
202.8
233.7
267.8

176.0
188.6
202.3
219.6
237.1

65.9
79.7
94.7
110.1
124.3

24.1
18.6
17.5
22.2
25.3

97.7
115.0
129.9
147.4
159.7

24.7
24.3
22.8
24.8
26.9

29.2
35.0
39.5
44.3
50.5

123.0
134.6
155.7
184.5
223.6

190.2
208.3
223.3
241.6
270.7

50.4
55.5
61.2
69.8
81.0

1980
1981
1982
1983
1984

2,293.0
2.568.5
2.727.2
2,900.8
3.215.3

1,377.7
1.517.6
1,593.9
1.685.3
1,855.1

1.116.4
1,232.0
1,286.7
1,360.3
1.507.5

472.5
514.9
515.1
528.2
586.6

356.4
388.0
386.2
401.2
445.9

336.7
368.5
385.9
405.7
445.2

307.2
348.6
385.7
426.4
475.6

261.3
285.6
307.3
325.0
347.6

139.8
153.0
165.4
177.2
188.9

12.2
21.9
14.5
4.1
23.2

164.4
165.7
165.1
187.8
225.5

33.9
.••44.5
46.5
46.1
50.1

57.5
67.2
66.9
77.4
79.4

274.7
337.2
379.2
4032
472.3

321.5
365.9
408.1
439.4
453.6

88.6
104.5
112.3
119.7
132.7

1985
1986
1987
1988
1989

3,449.8
3.658.4
3.888.7
4.184.6
4,501.0

1,995.9
2.116.5
2.272.7
2.453.6
2,598.1

1622.1
1,720.0
1,849.5
2.003.2
2,118.7

620.7
637.3
660.4
707.0
732.4

468.9
481.2
497.2
530.1
548.1

476.5
5016
535.4
575.3

525.0
581.0
653.7
720.9
779.5

373.8
396.6
423.1
450.4
479.4

203.1
216.0
235.4
251.7
273.1

23.6
24.2
31.5
27.5
36.3

245.0
255.3
273.6
307.8
321.1

48.1
41.5
44.8
55.1
51.7

88.3
105.1
101.1
109.9
130.9

508.4
543.3
560.0
595.5
674.5

486.5
518.6
543.3
577.6
626.0

149.0
162.1
173.7
194.2
210.8

1990
1991
1992
1993
1994

4,804.2
4,981.6
5,277.2
5,519.2
5.791.8

2.757.5
2.827.6
2.986.4
3.089.6
3.240.7

2.240.3
2.281.5
2.418.6
2,505.3
2,638.5

754.2
746.3
765.7
781.2
824.4

561.2
562.5
583.5
592.9
620.8

634.1
646.6
680.3
699.4
741.4

852.1
888.6
972.6
1,024.7
1,072.7

517.2
546.1
567.8
584.3
602.2

300.6
322.7
351.3
385.1
405.0

35.4
29.3
37.1
32.4
36.9

338.6
347.2
386.7
418.4
434.7

61.0
67.9
79.4
105.7
124.4

142.9
153.6
159.4
185.3
204.8

704.4
699.2
667.2
651.0
668.1

687.8
769.9
858.2
912.0
954.7

223.9
235.8
248.4
260.3
277.5

382.9
385.2
388.3
391.3
394.1
396.7
396.8
395.1
396.4
398.0
401.4
405.8

252.2
253.6
256.1
258.5
260.8
262.3
262.1
260.2
260.3
261.2
263.3
267.2

206.8
208.2
210.6
212.9
215.0
216.3
216.0
214.0
214.0
214.7

106.4
107.1

63.3
63.7
64.1
64.6
65.2
65.5
65.3
65.8
65.5
65.9
66.2

220.4

110.1
111.5
112.3
111.8
109.1
109.1
108.8
110.2
113.2

83.8
84.7
86.1
87.1
88.3
89.0
88.9
86.2
86.5
86.0

37.0
37.4
37.7
38.2
38.3
38.5
38.9
39.1
39.3
40.0
40.2
40.5

45.3
45.5
45.5
45.6
45.8
46.0
46.1
46.3
46.3
46.5
46.7
46.8

10.0
10.1
10.2
10.4
10.5
106
10.7
10.8
10.8
10.9
10.9
11.0

12.1
11.7
11.4
11.0
10.9
10.6
10.3
10.2
10.2
10.7
10.9
11.0

39.7
39.9
40.4
40.9
41.2
41.5
41.5
41.2
41.5
41.0
41.1
41.2

17.1
17.1
17.2
17.3
17.5
17.7
17.8
18.0
18.1
18.2
18.3
18.3

11.9
12.3
12.4
12.5
12.6
12.7
12.8
13.0
13.0
13.0
13.0
13.2

21.4
21.6
21.9
22.0
22.2
22.5
22.7
22.9
23.2
23.5
23.8
242

26.3
26.7
26.6
26.6
26.5
26.7
26.9
26.8
27.2
27.4
27.9
27.8

7.8
7.8
7.9
7.9
8.0
8.1
8.0
7.9
7.9
7.9
8.0
8.0

407.0
407.5
408.3
411.2
412.6
412.9
413.8

270.2
270.7
271.2
272.9
273.7
273.5
274.0

67.4
67.4
68.1

273.8

415.2
416.9
416.5
414.3

273.9
275.0
273.7
271.1

114.8
115.1
114.5
114.6
114.9
114.1
113.7
113.0
112.3
112.6
111.7
109.5

91.4
91.5
91.4
90.9
91.1
90.4

414.2

222.8
223.1
223.2
224.6
225.0
224.7
224.6
223.9
223.7
224.6
223.2
220.6

40.6
40.7
40.6
41.2
41.4
41.6
41.8
42.0
42.5
42.5
42.7
42.8

47.4
47.6
48.0
48.3
48.7
48.8
49.4
49.9
50.2
50.4
50.5
50.6

11.0
11.0
11.1
11.1
11.2
11.2
11.2
11.3
11.3
11.4
11.4
11.4

10.3
10.2
10.3
11.1
11.4
11.6
11.7
11.8
12.0
12.3
12.4
12.5

41.1
40.8
40.5
40.8
40.7
40.5
40.4
40.2
40.1
40.3
40.2
40.1

18.4
18.3
18.3
18.4
18.5
18.6
18.6
18.6
18.7
18.7
18.7
18.8

13.3
13.3
13.2
13.2
13.3
13.3
13.5
13.6
13.7
13.6
136
13.3

24.7
24.8
24.8
24.9
24.8
24.8
25.0
25.1
25.2
25.4
25.5
25.6

27.3
27.5
28.0
28.1
28.2
28.7
28.7
29.1
29.6
29.6
302
30.7

9.2
9.2
9.2
92
9.3
9.2
9.3
9.3
9.4
9.4
9.3
9.3

1961
January
February
March
April
May
June
July
August
September...
October
November....
December....

417.9
420.0
421.3
421.9
425.2
429.7
432.0
432.6
433.8
438.0
442.2
444.7

273.4
273.4
274.4
275.6
277.3
279.9
281.2
282.5
283.0
285.7
288.9
290.4

222.6
222.3
223.1
224.0
225.6
227.9
228.8
229.8
229.7
232.1
234.7
235.8

110.6
110.3
110.8
111.5
112.6
114.2
114.6
115.4
114.3
116.4
118.2
118.8

43.1
43.3
43.8
43.8
44.1
44.3
44.3
44.7
45.0
45.0
45.6
46.0

50.8
51.1
51.3
51.6
51.6
52.1
52.3
52.7
53.3
53.6
54.3
54.6

11.5
11.5
11.6
11.6
11.7
11.7
11.8
11.9
12.0
12.1
12.2
12.3

12.4
12.3
12.2
11.6
11.5
11.6
11.8
11.9
12.1
12.6
12.6
12.6

41.1
41.2
41.5
41.7
42.0
42.5
42.5
42.7
42.8
43.1
43.4
43.5

18.9
18.9
19.0
19.0
19.1
19.1
19.2
19.3
19.4
19.4
19.5
19.6

13.5
13.6
13.7
13.6
13.7
13.8
13.9
14.0
14.2
14.4
14.5
14.7

25.6
25.8
26.1
26.3
26.5
26.7
27.0
27.2
27.4
27.8
28.0
28.2

31.0
32.7
32.5
32.1
33.0
34.0
34.4
32.9
32.7
32.7
32.9
33.3

9.5
9.5
9.5
9.5
9.6
9.6
9.7
9.7
9.7
9.8
9.8
9.9

1962
January
February
March
April
May
June
July
August
September..
October
November...
December....

444.0
447.0
450.7
453.5
454.7
456.4
458.3
459.7
462.1
463.4
465.9
4676

290.6
293.2
295.9
298.1
298.5
299.5
300.3
300.6
302.5
302.4
304.6
305.5

235.8
237.8
240.4
242.4
242.7
243.2
244.0
244.2
245.9
245.4
246.9
247.5

118.3
119.7
120.9
122.5
122.2

46.2
48.3
48.7
47.3
47.4
47.6
47.8
47.9
48.1
48.2
48.5

54.9
55.4
55.6
55.7
55.8
56.4
56.3
56.4
56.6
57.0
57.7
58.0

12.4
12.5
12.7
12.7
12.9
13.0
13.1
13.2
13.3
13.4
13.5
13.6

12.3
12.3
12.1
12.0
11.8
11.8
11.8
11.9
12.0
12.3
12.4
12.4

43.5
43.7
44.0
44.3
44.5
44.3
44.7
44.8
44.9
44.6
44.8
44.9

19.6
19.7
19.7
19.8
19.8
19.9
20.0
20.1
20,2
20.3
20.4
20.5

14.4
14.7
14.7
15.0
15.0
15.1
15.0
15.2
15.3
15.1
15.0
15.7

27.7
27.7
27.9
28.4
28.9
29.4
29.7
30.0
30.2
30.5
30.8
31.0

33.5
33.5
33.9
33.6
33.6
33.7
34.0
34.3
34.1
35.1
34.8
34.7

10.1
10.2
10.3
10.3
10.3
10.3
10.3
10.3
10.4
10.4
10.5
10.5

1959
January
February
March
April
May
June
July
August
September...
October
November ....
December....

216.6

108.8

1960
January
February
March
April
May
June
July
August
September ...
October
November ....
December....




122.2

122.7
122.8
123.7
123.2
124.0
124.0

211.6

87.9
86.2

73.3
76.8
82.0

69.1
69.0
68.9
69.6
68.9
68.2

86.9
87.1
87.9
89.0
90.0
90.5
91.2
89.9
91.9
93.5
94.1

68.7
68.5
68.7
69.0

93.9
94.9
95.9
97.0
96.8
97.1
97.3
97.1
97.9
97.6
98.0
98.1

71.3
71.8
72.8
72.7
73.1
73.4
73.5
73.5
74.1
74.0
74.4
74.8

70.4
70.7
70.9
71.0

Table 2.8.—Personal Income by Type of Income: 1959-94—Continued
[Billions of dollars; months seasonally adjusted at annual rates]
Wage and salary disbursements
Year and month

Personal
income

Goods-producing
All
industries

Private
industries

Total

Manufacturing

1963

Service

Government

Proprietors' income
Rental income
with inventory valuof persons with
ation and capital concapital
sumption adjustments
consumption
adjustment
Nonfarm
Farm

Personal
dividend
income

Personal
interest
income

Transfer
payments

Less:
Personal
contributions
for social
insurance

124.5
124.5
124.9
125.4
126.5
127.4
127.9
128.0
129.1
129.6
129.7
130.8

98.6
98.7
99.1
99.2
100.1
100.7
101.1
100.9
101.8
102.3
102.8
103.6

74.4
75.1
75.8
75.8
76.1
77.1
76.7
77.3
77.8
78.0
78.2
78.9

49.2
49.6
49.8
50.0
50.2
50.6
50.7
51.1
51.3
51.7
51.8
52.2

58.3
58.6
58.8
59.1
59.2
59.8
59.7
60.2
60.5
61.6
61.9
62.2

13.6
13.6
13.6
13.7
13.7
13.8
13.9
14.0
14.2
14.3
14.5
14.6

122
12.1
11.9
11.7
11.7
11.7
11.7
11.7
11.9
12.4
12.3
12.1

44.9
44.9
44.9
45.3
45.3
45.5
45.8
46.0
46.3
46.7
46.8
47.3

20.5
20.5
20.6
20.6
20.7
20.7
20.8
20.8
20.8
20.7
20.7
20.7

15.7
15.7
15.6
15.7
16.0
16.2
16.2
16.1
16.2
16.3
16.5
17.0

31.0
30.9
31.1
31.3
31.7
32.1
32.4
32.8
33.2
33.6
33.9
34.3

38.8
35.1
35.3
35.4
35.6
35.9
35.8
36.0
36.1
36.4
36.4
37.2

11.6
11.6
11.6
11.6
11.7
11.8
11.8
11.8
11.9
11.9
12.0
12.1

325.0
329.0
330.6
332.8
334.9
336.8
338.5
341.8
343.5
343.6
346.4
350.3

262.3
265.9
267.2
269.1
270.8
272.1
273.8
276.1
277.3
276.9
279.7
283.2

130.2
132.4
133.3
134.5
135.0
135.6
136.5
137.6
138.6
137.1
139.1
141.5

103.3
104.4
105.2
106.1
106.5
106.9
107.7
108.7
109.8
107.5
109.7
111.7

79.2
80.0
80.2
80.5
81.4
81.8
82.3
83.1
83.0
83.7
84.0
85.1

52.9
53.5
53.7
54.1
54.4
54.7
55.0
55.3
55.7
56.0
56.6
56.6

62.8
63.1
63.4
63.6
64.1
64.6
64.6
65.7
66.1
66.7
66.7
67.1

14.8
15.0
15.1
15.3
15.5
15.6
15.8
16.0
16.1
16.3
16.5
16.7

112
10.8
10.5
10.2
10.1
10.1
10.1
10.3
10.7
11.5
11.8
12.0

48.0
48.5
48.9
49.5
49.7
50.0
50.3
50.5
50.8
50.3
50.5
50.9

20.9
21.0
21.0
20.9
20.9
21.0
21.0
21.1
21.1
21.0
21.1
21.1

17.1
17.3
17.4
17.5
17.8
18.0
18.2
18.1
18.3
18.5
18.7
19.1

34.4
34.6
34.9
35.2
35.6
35.9
36.3
36.7
37.0
37.2
37.4
37.9

39.1
37.0
37.2
37.5
37.5
37.6
37.8
37.9
38.1
38.1
38.0
38.6

12.2
12.3
12.4
12.4
12.5
12.5
12.6
12.7
12.7
12.7
12.8
12.9

351.0
352.8
354.5
356.3
359.4
360.8
363.5
365.9
369.1
373.8
377.1
380.3

283.8
285.4
286.9
288.1
290.9
292.0
293.9
295.7
297.7
301.5
304.0
306.4

141.9
143.2
143.6
143.5
145.0
146.1
146.4
147.1
147.9
149.8
151.3
153.1

112.1
112.8
113.5
113.5
114.2
115.0
115.9
116.2
116.8
118.2
119.4
120.5

85.1
85.4
85.9
86.7
87.3
86.9
87.8
88.5
89.0
90.2
90.5
91.1

56.8
56.8
57.3
57.9
58.7
59.0
59.7
60.1
60.8
61.6
62.2
62.3

67.2
67.4
67.6
68.2
68.4
68.9
69.6
70 2
71.5
72.3
73.1
73.9

16.8
17.0
17.2
17.4
17.6
17.7
17.9
18.1
18.3
18.5
18.6
18.8

11.9
12.0
12.1
12.5
12.8
13.1
13.2
13.3
13.5
13.6
14.0
14.4

50.7
50.8
51.3
51.4
51.6
51.7
52.2
52.1
52.3
53.1
53.7
53.9

21.3
21.4
21.5
21.6
21.7
21.8
22.0
22.0
22.0
21.9
22.0
22.0

19.0
19.1
192
19.4
19.7
20.4
20.3
20.5
20.8
21.0
21.3
21.6

38.4
38.8
39.1
39.6
40.0
40.4
40.7
41.0
41.3
41.4
41.6
41.9

41.2
38.7
39.0
39.4
39.3
39.5
39.8
39.4
50.0
41.6
42.2
42.6

13.0
13.0
13.1
13.1
13.2
13.2
13.3
13.4
13.5
13.6
13.7
13.8

382.4
385.9
388.8
392.7
395.4
399.5
403.5
406.4
408.4
411.7
413.6
415.0

308.0
311.0
313.5
316.6
318.6
321.9
324.4
326.6
326.0
330.5
331.7
332.4

153.7
156.2
157.8
159.4
1602
162.2
162.4
164.1
165.0
165.8
166.3
166.2

121.6
123.5
124.6
126.3
127.0
128.3
128.7
130.4
131.1
132.2
132.5
132.3

91.7
92.1
92.5
93.4
94.2
94.9
96.2
96.0
96.3
97.5
97.8
98.1

62.6
62.7
63.2
63.7
64.2
64.8
65.8
66.4
66.7
67.2
67.6
68.2

74.4
74.9
75.2
76.1
76.8
77.6
79.1
79.8
80.4
81.2
81.9
82.5

19.0
19.2
19.4
19.5
19.7
19.9
20.0
20.1
20.1
20.4
20.7
20.9

15.7
15.8
15.5
13.8
13.4
132
13.5
13.4
13.5
13.6
13.8
13.7

54.2
54.5
55.4
54.9
54.7
55.1
55.1
55.5
55.8
55.9
56.2
56.5

22.3
22.4
22.4
22.3
22.3
22.3
22.5
22.6
22.6
22.5
22.6
22.7

21.5
21.5
21.3
21.2
21.0
21.0
20.8
20.8
21.0
21.0
21.0
19.1

42.4
42.7
43.2
43.6
44.1
44.7
45.0
45.4
45.9
46.5
47.1
47.8

43.1
43.6
43.9
43.8
44.0
43.8
43.9
45.7
48.0
48.3
50.0
50.7

17.0
17.1
17.1
17.3
17.3
17.4
18.2
18.3
18.3
18.4
18.5
165

633.7
634.9
639.2
639.8
642.3
647.0
652.7
657.5
659.6
661.1
667.0
674.0

November
December ,

248.2
249.3
250.6
251.1
252.8
255.0
255.3
256.5
258.2
259.3
259.7
261.9

583.6
588.6
592.7
594.5
597.3
602.1
606.1
611.5
617.0
621.5
626.4
627.8

September . ..

306.4
307.9
309.4
310.2
311.9
314.8
315.0
316.7
318.7
320.9
321.6
324.2

537.4
537.7
540.9
544.6
548.9
552.2
556.2
558.8
573.9
571.4
576.7
581.7

July

471.6
469.1
470.7
472.2
474.9
479.0
479.8
482.4
485.4
489.3
490.7
495.4
498.3
500.7
503.2
506.5
509.6
512.3
515.4
519.7
522.8
523.8
527.6
533.8

February

418.3
418.1
420.0
421.7
422.7
426.2
429.2
432.5
434.1
435.2
440.4
446.9

335.2
334.8
336.2
337.4
337.8
340.7
342.9
345.5
346.5
347.0
351.5
355.0

167.5
166.0
166.4
166.4
166.4
167.4
168.7
170.7
170.0
170.0
173.2
174.9

133.3
132.1
132.5
132.6
132.3
133.0
133.5
135.8
135.0
135.0
137.5
139.1

99.2
99.5
99.8
100.2
100.7
101.4
101.7
102.0
103.1
103.1
103.9
104.6

68.6
69.3
69.9
70.7
70.8
71.9
72.4
72.8
73.5
73.9
74.4
75.4

83.0
83.4
83.8
84.4
84.9
85.5
86.4
87.0
87.6
88.2
88.9
93.9

21.0
21.0
21.1
21.1
21.2
21.3
215
21.8
22.2
22.3
22.5
22.7

13.6
13.2
12.9
12.3
122
12.3
12.9
13.0
13.0
12.6
12.4
12.4

57.1
57.1
57.4
57.3
57.8
58.2
58.7
59.1
59.3
58.8
58.9
59.2

23.0
23.2
23.5
23.7
23.8
23.9
24.0
23.9
23.8
23.6
23.5
23.3

21.1
21.5
21.8
22.1
22.3
22.2
22.6
22.8
22.8
22.7
22.7
20.3

47.9
48.1
48.2
48.6
46.9
49.3
49.5
49.7
50.1
50.7
51.3
51.9

51.4
52.3
54.0
53.4
53.8
54.2
55.0
55.6
55.3
56.2
56.7
57.0

19.6
19.6
19.8
20.4
20.4
20.6
20.8
20.9
21.0
21.1
21.3
21.7

679.0
686.7
694.9
700.6
707.1
712.6
719.1
725.0
730.1
735.1
740.1
744.2

448.9
455.1
458.4
461.5
466.1
469.9
474.5
478.1
482.2
485.6
489.8
492.7

357.2
362.4
364.8
367.2
371.0
374.0
376.4
379.3
383.1
386.0
389.8
392.3

175.7
178.8
179.6
180.8
182.7
183.4
184.5
185.3
187.1
188.9
190.7
191.9

140.2
142.0
142.4
143.3
145.0
145.9
146.3
146.7
148.1
149.9
151.0
151.7

105.3
106.6
107.6
108.1
109.1
110.7
111.3
112.5
113.6
114.0
115.2
115.7

76.2
77.0
77.6
78.3
79.2
79.9
80.6
81.5
82.4
83.2
83.9
84.7

91.8
92.7
93.6
94.4
95.1
95.9
98.1
98.8
99.1
99.5
100.0
100.5

23.1
23.6
24.1
24.5
24.8
25.2
25.5
25.8
26.1
26.5
26.8
27.0

12.5
125
12.5
12.2
122
12.3
12.8
13.0
132
13.3
13.3
13.3

59.8
60.4
61.3
61.6
62.3
62.7
63.1
63.5
63.8
63.8
63.8
64.1

23.1
22.9
22.8
22.8
22.7
22.7
22.8
22.7
22.7
22.5
225
22.6

232
23.4
23.8
24.1
24.4
24.5
24.9
25.1
25.2
25.4
25.5
25.1

52.3
52.6
53.1
53.8
54.4
55.0
54.9
55.2
55.2
55.8
56.0
56.6

57.9
582
612
62.7
62.8
63.2
63.7
64.9
65.1
65.7
66.1
66.5

22.0
22.1
22.3
22.6
22.7
22.8
23.0
23.1
23.2
23.3
23.5
23.6

746.8
752.5
759.4
765.2
770.8
776.5
783.8
790.4
795.2
799.7
803.0
808.1

495.5
498.2
503.3
507.2
511.3
515.5
521.8
526.9
530.3
533.9
536.4
538.9

394.7
396.9
401.7
404.8
408.2
411.8
414.8
418.6
421.4
424.5
426.6
428.7

192.8
193.4
196.1
197.6
198.9
200.2
202.0
203.4
204.4
205.3
204.9
206.0

152.3
152.7
154.8
155.4
156.2
157.5
159.0
160.3
160.9
161.5
160.7
161.3

116.0
117.0
118.3
119.3
120.4
121.5
122.1
123.4
124.1
125.1
126.3
127.0

86.0
86.5
87.3
87.9
88.9
90.1
90.8
91.8
92.8
94.1
95.4
95.7

100.8
101.2
101.6
102.4
103.0
103.7
107.0
108.3
109.0
109.3
109.7
1102

27.1
27.3
27.5
27.7
27.9
28 2
285
28.8
29.2
29.5
29.8
302

12.9
13.0
13.3
14.0
14.3
14.6
14.6
14.9
15.2
15.9
16.2
16.2

642
64.7
64.6
64.7
64.9
64.9
64.8
65.2
65.0
64.1
63.7
63.9

22.8
23.0
23.3
23.5
23.6
23.7
23.7
23.6
235
23.4
23.3
23.3

25.0
25.0
25.2
25.1
25.0
25.5
25.1
25.0
25.0
25.0
24.9
25.1

57.4
58.4
59.2
59.6
60.0
60.6
61.1
61.7
62.3
62.6
632
64.0

67.4
68.3
68.7
69.3
69.7
69.7
70.5
70.9
71.3
72.1
72.5
73.6

25.4
255
25.7
25.8
26.0
26.1
26.4
26.6
26.7
26.8
26.9
27.0

1964
February

July
September
November
December
1965
February
March
April
May
June
July
August
September
November ,
December
1966
February
May
July
September

Distributive

Other
labor
income

„

November
December
1967
February
March
April
May
June
July
August
September
October
November
December
1966
February
March
April
May
June
July
August
September
October
November ,
December

,,

1969
February
April
May
July
September
October
November ,.,,
December

„




Table 2.8.—Personal Income by Type of Income: 1959-94—Continued
[Billions of dollars; months seasonally adjusted at annual rates]
Wage and salary disbursements
Year and month

Personal
income

Goods-producing
All
industries

Private
industries

Total

Manufacturing

1970

January
February
March
April
May
June
July
August
September...
October
November ....
December ....

Distributive

127.6
128.3
129.2
128.4
130.3
131.0
132.2
133.0
133.1
133.7
134.0
133.8

96.4
96.9
97.3
97.7
98.4
98.9
99.5
100.2
100.9
101.8
102.3
102.3

111.0
111.8
112.6
119.4
119.8
116.5
117.2
118.0
120.7
119.2
119.6
120.1

30.5
30.9
31.2
31.5
31.9
32.3
32.7
33.1
33.5
33.9
34.2
34.4

16.0
15.7
15.4
.14.4
14.1
14.2
15.0
15.1
15.0
14.3
14.2
14.2

63.8
64.3
64.2
64.5
64.8
64.6
65.4
65.8
66.4
66.6
67.0
67.5

23.3
23.3
23.3
23.4
23.6
23.5
23.2
23.0
232
23.8
24.4
24.7

24.7
24.2
24.0
23.8
23.7
23.4
23.2
23.0
23.0
23.1
23.1
22.3

64.5
65.3
66.3
66.9
67.5
68.7
70.0
71.1
72.0
72.3
72.5
73.2

74.3
75.4
76.0
89.6
83.3
83.8
85.0
86.2
88.5
90.5
90.5
91.9

27.3
27.4
27.5
27.8
27.8
27.7
28.1
28.2
28.2
28.0
28.1
28.2

868.4
871.8
878.1
884.1
890.7
911.4
902.1
909.2
913.2
916.2
923.5
933.6

567.4
570.0
572.7
576.3
581.1
582.6
5842
589.8
590.0
591.6
595.2
605.5

444.4
446.1
448.3
451.2
455.5
456.7
457.6
460.6
463.0
464.5
466.5
474.3

205.2
204.8
205.4
206.9
209.0
209.3
209.5
209.7
210.2
211.0
211.9
215.8

158.6
158.7
158.6
159.0
160.7
160.8
160.6
160.4
160.4
161.6
162.0
165.1

135.6
136.7
137.2
138.3
139.7
140.2
140.0
141.9
143.1
142.8
142.9
146.2

103.6
104.5
105.7
106.0
106.9
107.1
108.0
108.9
109.6
110.7
111.7
112.3

123.0
123.9
124.5
125.1
125.5
126.0
126.6
129.2
127.1
127.1
128.7
131.1

34.5
34.8
35.1
35.6
36.0
36.4
36.8
37.3
37.7
38.2
38.7
392

14.8
15.1
15.2
15.3
15.3
15.3
14.8
14.8
15.1
16.3
16.4
16.4

68.0
67.4
68.7
69.6
70.2
70.8
71.6
72.0
72.5
73.1
74.3
74.7

24.4
23.5
24.3
24.6
24.9
24.9
24.9
24.7
24.7
24.6
24.6
24.9

23.8
23.6
23.3
23.3
23.4
23.5
23.5
23.6
23.6
23.7
23.9
22.5

73.7
74.4
74.9
74.9
75.0
75.3
76.0
76.6
77.0
76.9
77.0
77.4

92.0
93.3
94.2
94.9
95.5
113.1
101.0
101.3
103.5
102.9
104.5
104.6

30.1
30.2
30.3
30.4
30.6
30.6
30.7
31.0
30.9
30.9
31.0
31.5

942.6
954.2
960.6
967.1
972.6
966.3
984.6
998.0
1,005.9
1,026.0
1,040.0
1,048.0

613.4
620.5
624.0
627.9
630.5
633.9
636.1
642.8
648.6
656.2
661.9
668.2

479.0
485.6
489.4
492.6
494.7
497.7
499.1
504.4
509.2
516.2
520.6
526.3

218.3
221.1
223.5
224.7
225.9
226.4
226.1
229.3
231.8
234.9
237.4
239.4

166.5
169.5
171.7
172.9
173.6
174.6
174.3
176.5
178.4
180.7
183.2
185.3

147.1
150.0
150.1
150.6
150.9
152.6
153.0
154.2
155.0
157.2
158.5
160.7

113.5
114.4
115.8
117.3
118.0
118.7
120.0
120.9
122.4
124.1
124.7
126.1

134.4
134.9
134.6
135.3
135.8
136.1
137.0
138.4
139.5
140.0
141.4
142.0

39.6
40.2
40.9
41.8
42.4
43.0
43.5
44.1
44.5
44.9
45.4
45.9

14.8
14.9
15.4
17.0
17.8
18.6
19.5
20.7
21.9
23.8
24.6
24.9

75.7
75.3
75.9
77.1
77.6
75.4
79.0
81.1
80.2
81.4
83.0
83.8

25.4
25.8
25.7
25.2
24.7
14.6
24.4
24.4
24.7
25.2
25.6
25.4

24.6
24.8
24.8
24.9
25.2
25.3
25.7
25.8
25.8
26.0
26.1
26.4

77.7
78.2
78.9
79.5
80.1
81.0
81.9
82.9
84.0
84.6
85.7
87.2

104.9
108.3
109.0
107.6
108.4
108.8
109.5
110.8
110.7
118.9
122.9
121.5

33.5
33.9
33.9
34.0
34.1
34.2
35.1
34.6
34.7
35.0
35.2
35.3

1,061.2
1,070.6
1,078.9
1,091.5
1,100.4
1,1065
1,117.3
1.130.0
1.149.1
1,163.0
1,170.3

676.1
684.2
689.2
695.3
699.9
7055
711.4
715.1
721.7
728.5
736.7
740.7

532.0
539.3
543.7
548.7
552.7
557.7
562.9
565.6
571.5
576.1
583.3
586.6

243.1
247.0
248.2
250.4
252.4
254.8
257.5
257.8
260.5
263.3
266.6
268.6

187.0
190.4
191.4
193.5
194.5
195.6
197.6
197.8
199.5
202.0
204.2
205.3

161.8
163.9
165.7
166.9
168.3
169.9
170.8
172.4
173.9
175.0
177.2
177.5

127.1
128.4
129.8
131.4
131.9
133.0
134.6
135.4
137.1
137.8
139.5
140.5

144.0
144.9
145.5
146.6
147.2
147.8
148.6
149.6
150.2
152.4
153.4
154.1

46.6
47.1
47.6
47.9
48.3
48.8
49.2
49.8
50.3
50.9
51.5
52.1

23.4
23.9
25.4
29.0
30.7
32.0
31.2
33.2
35.3
42.2
43.2
41.9

84.5
84.3
83.6
82.5
83.4
83.8
84.4
84.3
84.5
84.6
85.1
85.2

24.6
24.1
24.4
23.6
26.7
26.8
25.1
24.8
25.3
27.3
28.4
29.0

26.3
26.6
26.9
27.3
27.2
27.4
27.5
27.9
28.1
28.3
28.6
29.5

88.5
89.6
90.3
90.2
90.6
91.9
93.6
95.6
97.5
98.6
100.1
1022

122.6
123.4
124.9
125.1
126.8
126.6
126.8
129.6
130.6
131.9
133.0
133.4

41.3
41.7
41.8
42.0
42.2
42.4
42.8
43.0
43.3
43.3
43.7
43.7

1,171.1
1,176.3
1,180.8
1,185.5
1,199.3
1,209.9
1.227.5
1.234.6
1,243.5
1,253.5
1.251.5
1.257.6

744.1
748.3
751.8
756.6
766.0
774.6
780.9
783.3
789.1
795.1
790.6
7912

589.3
592.8
595.5
599.6
607.9
613.9
616.8
621.7
627.0
629.9
623.8
623.1

268.9
270.6
271.1
272.2
275.9
278.1
278.6
281.4
282.8
284.2
277.6
276.0

205.4
205.7
206.7
207.7
211.1
213.2
214.7
215.9
217.1
218.3
215.0
211.3

179.3
179.8
180.9
183.0
185.3
186.8
188.6
189.2
191.5
192.5
192.4
192.0

141.1
142.4
143.5
144.4
146.7
148.9
149.6
151.1
152.7
153.2
153.8
155.1

154.8
155.5
156.3
157.0
158.1
160.7
164.2
161.6
162.0
165.2
166.8
168.1

52.6
53.2
53.8
54.4
55.2
55.9
56.8
57.6
58.5
59.4
60.9

35.9
32.5
28.9
23.8
21.7
20.9
22.8
23.4
24.0
25.6
25.6
24.9

85.9
87.4
88.6
88.2
89.5
89.5
91.3
92.1
92.0
91.0
90.9
91.7

28.6
28.0
27.4
252
26.6
26.4
26.6
26.4
25.4
23.6
22.3
22.1

29.2
28.9
29.2
29.3
29.6
29.9
29.9
29.8
30.0
29.8
29.7
29.3

103.7
105.6
107.5
109.1
110.5
112.2
113.4
114.9
116.2
117.9
118.5
119.1

137.7
139.3
140.4
146.0
147.8
148.6
154.2
155.4
157.2
160.0
162.4
167.1

46.5
46.8
46.9
47.1
47.6
48.0
48.4
48.5
48.8
49.0
48.7
48.7

1,262.1
1.267.7
1,272.3
1,279.0
1.291.7
1,3232
1.321.0
1.337.8
1.349.3
1.364.6
1.374.4
1.384.7

792.3
790.0
792.7
793.5
800.6
806.3
810.9
823.1
829.1
837.8
846.1
852.6

623.5
619.8
620.9
620.3
626.3
631.0
634.5
645.7
650.3
656.7
664.0
670.0

274.6
269.7
269.1
268.6
270.9
272.5
273.7
278.8
282.3
285.1
287.7
292.2

207.8
204.8
204.8
205.3
206.6
208.0
209.2
213.8
216.6
218.6
220.2
223.7

192.7
192.2
192.4
192.4
194.5
196.2
197.5
201.2
201.7
203.8
205.9
207.0

156.3
157.9
159.3
159.4
161.0
162.4
163.3
165.7
166.2
167.9
170.4
170.8

168.8
1702
171.8
173.1
174.3
1752
176.4
177.4
178.8
181.1
182.1
182.6

61.3
61.9
62.6
63.2
64.1
65.0
66.1
67.2
68.3
69.4
70.6
71.8

22.0
21.2
20.9
21.3
21.8
22.8
25.3
26.3
26.9
27.4
26.9
25.8

94.0
94.2
93.1
94.3
95.6
96.6
98.1
98.7
100.0
101.4
102.7
104.2

23.1
24.1
24.8
24.9
25.0
25.0
24.9
24.8
24.8
24.8
25.0
25 2

29.2
29.1
29.1
28.9
28.8
28.8
28.9
29.1
29.6
29.9
30.3
29.0

119.3
119.7
120.2
120.4
121.0
121.8
123.2
124.2
125.2
126.2
127.1
127.8

170.6
176.8
178.4
182.0
184.6
207.0
193.8
195.2
196.5
199.1
197.6
200.4

49.6
49.4
49.5
49.5
49.8
50.0
50.2
50.7
51.0
51.4
51.8
52.1

1,4012
1,412.3
1.419.6
1.429.9
1,439.3
1.446.7
1,4642
1.476.1
1,486.0
1,493.7
1,5152
1,528.6

864.9
871.7
8762
883.3
890.7
893.3
900.6
909.4
914.6
920.1
930.9
938.0

681.4
687.2
690.8
697.1
703.6
705.6
712.1
720.2
724.7
727.4
736.9
743.2

298.0
300.1
302.2
304.4
306.8
307.3
310.4
313.4
314.6
315.4
320.8
323.1

227.9
230.2
232.1
233.7
235.9
236.7
238.8
241.3
242.2
242.2
246.8
248.6

210.5
212.3
213.3
215.4
217.3
218.0
219.9
222.2
224.5
224.7
227.1
229.1

172.8
174.8
175.3
177.3
179.5
180.4
181.8
184.6
185.6
187.3
189.0
191.0

183.6
1845
185.4
186.2
187.1
187.7
1885
1892
189.9
192.7
194.0
194.7

73.1
74.3
75.5
76.8
78.0
79.2
80.4

22.8
21.4
20.1
19.2
18.5
17.9
17.6
17.3
17.1
16.9
17.0
17.4

106.0
108.3
110.4
111.3
112.4
114.1
116.3
117.3
119.1
118.7
122.4
123.4

25.5
25.6
25.4
25.1
245
23.4
23.9
23.4
23.4
23.5
23.7
23.9

31.2
32.3
32.5
33.4
34.5
35.0
35.6
36.0
36.4
37.1
37.7
38.1

128.1
129.0
130.0
131.8
133.0
134.0
134.5
135.7
137.1
138.7
140.5
142.4

203.5
204.1
203.7
203.7
202.5
204.9
210.9
211.3
211.9
211.5
215.0
216.6

53.9
54.2
54.4
54.7
55.0
55.1
55.6
56.0
56.2
56.5
57.0
57.3

1,061.6

1976

January
February
March
April
May
June
July
August
September...
October
November....
December....

Less:
Personal
contributions
for social
insurance

160.9
160.3
161.2
160.1
159.2
159.5
160.1
159.0
157.1
153.6
152.8
156.9

1975

January
February
March
April
May
June
July
August
September...
October
November....
December....

Transfer
payments

204.9
205.3
206.4
205.0
203.4
204.5
205.4
205.1
202.8
199.7
199.2
203.2

1974

January
February
March
April
May
June
July
August
September...
October
November...
December....

Personal
interest
income

428.9
430.5
432.9
431.1
432.1
434.5
437.0
438.3
436.9
435.1
435.5
439.3

1973

January
February
March
April
May
June
July
August
September...
October
November....
December....

Personal
dividend
income

539.9
5422
545.5
550.4
551.9
551.0
554.2
5562
557.5
554.3
555.1
559.4

1972

January
February
March
April
May
June
July
August
September...
October
November....
December....

Government

Proprietors' income
Rental income
with inventory valuof persons with
ation and capital concapital
sumption adjustments
consumption
adjustment
Nonfarm
Farm

809.6
814.0
818.3
836.6
833.1
833.7
840.7
845.3
850.8
850.8
852.9
859.4

1971

January
February
March
April
May
June
July
August
September...
October
November....
December....

Service

Other
labor
income




60.2

81.6
82.8
83.8
85.0
86.3

Table 2.8.—Personal Income by Type of Income: 1959-94—Continued
[Billions of dollars; months seasonally adjusted at annual rates]
Wage and salary disbursements
Year and month

Personal
inoome

Goods-producing
All
industries

Private
industries

Total

Manufacturing

Distributive

Service

Government

Other
labor
income

proprietors' income
with inventory valuation and capital consumption adjustments
Farm

Nonfarm

1977

January
February
March
April
May
June
July
August
September...
October
November....
December ....

249.4
253.4
256.5
259.7
263.8
267.5
269.5
271.3
273.9
276.3
278.0
281.2

228.6
232.4
234.3
236.8
240.1
241.9
244.6
245.1
248.1
251.3
253.5
256.1

192.4
193.2
194.6
196.6
199.4
200.7
203.0
205.4
208.0
211.5
213.1
215.5

195.6
196.5
197.4
198.3
199.4
200.5
201.9
203.5
204.8
208.4
210.2
211.3

87.9
89.2
90.4
91.3
92.6
93.8
95.3
96.6
98.0
99.2
100.5
101.9

19.0
18.9
18.4
16.3
15.5
15.0
14.5
14.7
16.1
19.0
21.0
21.7

124.0
124.7
125.7
127.3
128.4
127.7
131.1
131.9
131.8
131.9
135.6
138.9

23.9
23.8
23.7
22.1
23.0
22.7
22.4
222
222
222
22.4
22.8

37.8
38.3
38.7
38.8
38.4
39.3
39.9
40.1
40.3
40.5
40.9
41.3

144.9
146.9
1483
150.3
152 2
154.1
155.9
158.1
160.4
163.2
165.7
168.2

215.9
217.8
219.9
221.5
219.3
218.6
223.5
227.1
227.0
226.0
231.4
231.9

58.7
59.3
59.7
602
60.7
61.1
61.8
61.8
623
62.9
63.2
63.4

1,714.5
1.731.8
1.756.0
1.782.2
1.799.4
1.818.3
1.837.1
1.854.9
1.870.3
1.897.5
1,914.0
1.934.7

1,051.5
1,062.2
1.078.1
1.096.4
1.104.0
1.118.2
1,128.2
1,136.3
1.147.5
1.164.8
1.174.9
1,187.5

838.8
848.4
863.5
880.7
887.2
900.0
908.5
915.5
925.6
939.3
948.0
959.4

361.7
366.6
374.4
385.0
387.6
392.9
396.8
399.3
403.8
408.8
414.9
419.6

281.1
285.2
290.1
293.6
296.4
298.4
301.4
303.2
306.8
310.8
315.7
320.0

257.8
261.1
265.2
268.5
270.8
274.3
275.8
278.4
280.9
285.9
287.6
292.2

219.2
220.8
223.9
227.2
228.8
232.8
235.9
237.8
240.9
244.6
245.4
247.6

212.7
213.8
214.5
215.7
216.9
218.2
219.7
220.8
221.9
225.5
226.9
228.1

103.2
104.5
105.9
107.3
108.6
1095
111.0
112.1
1132
114.2
115.3
116.5

21.3
21.0
212
22.8
23.6
23.9
23.7
23.1
22.6
19.9
20.8
22.1

136.2
138.4
141.1
1455
147.2
1485
145.7
148.8
149.3
156.8
155.1
155.4

23.7
24.0
24.0
23.1
23.3
23.7
25.0
25.6
26.0
25.9
26.3
26.8

41.7
41.8
42.1
42.5
42.8
43.5
44.1
452
46.0
46.6
47.3
48.0

170.6
173.1
175.6
1782
180.7
183.1
185.3
187.8
190.5
192.9
196.1
199.7

232.9
233.8
235.7
234.9
238.0
236.8
244.4
246.5
246.2
248.2
250.6
251.7

66.7
67.1
67.8
68.8
68.9
69.6
702
70.5
71.0
713
723
72.9

1.953.0
1.970.6
1.994.1
2,000.0

2.085.3
2.100.8
2,125.1
2.147.7
2.173.5

1.198.1
1,208.7
1223.3
1.225.1
1,236.0
1250.2
1,261.3
1.269.5
1,282.0
1.292.7
1.305.3
1.318.8

967.7
978.3
991.6
991.5
1,002.7
1.015.7
1.024.6
1,031.1
1.042.8
1.048.7
1,059.4
1,071.7

422.0
426.1
432.8
431.9
438.5
442.6
446.0
446.8
451.7
453.8
455.7
462.1

322.4
325.1
329.0
327.5
332.6
335.6
338.0
337.6
341.2
342.9
343.5
348.4

294.7
297.2
300.9
298.7
302.5
307.4
308.8
312.0
315.4
317.6
322.5
324.3

251.0
255.0
257.9
260.9
261.7
265.7
269.8
272.3
275.6
277.3
281.3
285.2

230.4
230.4
231.7
233.6
233.3
234.6
236.7
238.4
239.3
244.0
246.0
247.2

117.8
118.9
120.1
121.1
122.3
123.5
124.8
126.0
127.3
128.5
129.9
131.3

26.6
27.6
27.8
24.7
24.7
24.8
26.0
25.7
25.3
25.3
23.9
21.6

151.7
153.7
155.8
158.3
159.5
160.5
161.3
164.6
183.1
161.9
162.0
164.2

28.5
28.6
28.3
245
25.6
25.2
25.0
25.3
23.3
28.0
29.3
30.7

48.2
48.7
49.0
49.4
50.0
50.3
50.5
50.6
512
51.8
52.5
533

2045
2082
211.8
214.3
217.4
220.5
222.7
226.5
230.9
236.0
241.7
248.1

255.7
254.7
257.6
262.0
262.5
261.0
276.4
278.7
280.1
283.6
286.3
289.5

78.1
78.8
79.4
79.6
80.0
80.7
81.3
81.7
82.3
82.8
83.3
84.0

2.203.4
2,216.7
2,228.4
2,225.1
2.232.1
2,249.4
2,284.9
2,307.0
2,338.0
2.380.3
2,409.9
2.440.4

1.326.6
1.338.2
1.350.7
1.349.7
1.353.4
1.361.3
1.364.4
1.381.9
1.395.2
1.420.3
1.439.0
1.451.2

1,077.1
1.086.9
1,097.9
1.094.7
1,095.4
1.101.8
1,103.1
1.119.0
1.131.1
1,148.4
1.165.3
1,175.9

463.3
466.7
468.9
465.8
463.3
463.0
460.4
470.0
476.1
483.6
491.5
497.8

349.3
351.6
354.4
351.7
349.2
348.2
347.0
354.3
358.8
364.8
371.3
376.0

325.9
328.3
332.0
330.6
331.4
332.2
334.6
337.1
340.3
346.4
349.7
351.4

287.8
291.9
297.0
298.3
300.7
306.6
308.1
311.9
314.7
318.5
324.0
326.8

249.5
251.2
252.9
255.0
256.0
259.5
261.3
262.9
264.1
271.9
273.7
275.3

133.0
134.3
135.6
136.7
137.9
139.1
140.2
141.4
142.8
144.4
145.7
146.9

17.9
14.3
105
2.4
.8
1.8
9.1
12.4
15.4
19.1
21.0
21.7

168.6
165.7
161.3
158.7
157.4
159.3
162.5
163.3
166.8
169.7
168.7
170.4

33.5
33.9
35.3
35.4
33.9
34.4
33.1
30.9
30.0
31.5
36.0
39.0

55.2
55.4
56.3
58.7
57.0
57.6
57.7
58.0
58.2
58.5
59.0
59.9

257.7
263.5
267.9
270.7
272.9
274.0
270.2
272.2
276.1
2842
2902
296.5

297.6
298.3
297.5
301.1
305.4
309.2
3353
336.0
343.3
343.6
342.2
347.3

86.7
86.9
865
86.4
86.7
873
88.0
89.2
89.8
91.1
91.9
925

2,4642
2,481.7

1.465.8
1.473.5
1.485.1
1.494.0
1.501.1
1.512.4
1,522.8
1.538.0
1.544.3
1,554.3
1.560.5
1.559.1

1.188.7

2,504.9
2,503.4
2.519.7
2,543.0
2.599.2
2.625.3
2.637.8
2,639.7
2.652.0
2.651.1

501.0
499.1
505.0
507.8
510.5
516.1
520.1
524.2
523.5
525.7
524.3
521.3

377.7
376.0
380.7
385.4
388.8
390.5
391.7
394.6
393.7
394.7
392.3
389.6

356.5
360.1
361.9
365.1
365.5
367.8
369.3
373.2
376.0
374.6
376.7
375.7

331.1
335.8
338.4
340.3
343.2
345.5
349.0
355.1
355.7
359.9
364.0
365.2

277.1
278.5
279.7
280.7
281.9
283.1
284.3
285.5
289.2
294.1
295.5
296.9

148.1
149.0
149.9
150.3
151.1
152.1
153.3
154.4
155.5
156.5
157.6
158.7

20.4
20.4
20.4
19.7
20.6
22.1
27.5
27.9
26.8
20.9
18.6
16.9

174.0
173.5
174.4
164.1
1622
1603
164.7
165.4
164.9
162.2
162.5
160.0

43.9
43.8
43.6
42.8
42.7
425
432
43.8
44.7
46.8
47.6
48.1

61.0
62.4
63.6
65.2
66.6
67.9
695
695
703
70.3
702
69.7

3042
309.9
314.9
315.4
321.8
330.4
348.0
355.9
361.0
358.8
381.3
364.5

348.2
350.9
355.4
354.9
356.9
358.4
3752
375.9
3765
376.8
380.8
381.3

101.4
1015
102.4
102.9
1033
103.9
104.9
105.7
106.1
1063
1072
107.1

2.649.7
2,665.9
2,674.3
2,705.5
2.724.2
2.730.3
2.736.5
2,742.3
2.747.2
2,768.1
2.785.3
2.797.1

1.567.6
1.576.2
1,577.1
1.577.8
1.590.5
1.593.5
1,601.0
1,6042
1,6022
1,606.8
1.609.9
1.620.3

1.302.8

521.2
523.3
521.8
518.3
520.1
518.7
516.4
513.7
510.3
506.8
504.8
506.0

389.8
391.8
390.2
387.8
389.0
388.8
387.2
385.7
383.6
380.5
379.8
380.6

378.3
381.0
380.5
381.0
385.4
386.2
387.1
389.5
388.1
389.3
390.3
393.7

369.0
371.7
373.1
375.6
380.7
383.0
388.5
392.8
394.4
396.8
399.1
403.1

299.1
300.1
301.7
303.0
304.3
305.7
309.1
308.1
309.4
313.8
315.7
317.5

159.9
161.0
162.1
1632
164.2
165.2
168.2
167.1
167.9
168.5
169.2
169.8

16.6
15.6
14.9
14.3
14.0
13.6
14.0
132
125
13.9
15.6
152

150.5
151.9
152.8
166.6
169.2
168.4
162.3
164.6
166.9
174.4
175.9
177.9

47.1
48.7
46.1
45.7
45.3
45 5
45.5
462
46.8
49.4
48.5
452

68.1
66.9
662
653
652
65.1
65.4
655
66.6
67.8
69.1
70.6

368.1
372.4
377.3
3875
390.1
389.8
382.0
379.4
377.4
375.7
375.1
375.3

382.4
386.4
389.0
396.1
397.7
401.4
413.0
4143
419.9
424.9
4353
436.4

110.6
111.1
1112
1112
112.1
1123
113.0
113.1
112.9
113.1
113.2
113.7

2.795.8
2.800.6
2.820.2
2.844.9
2,874.8
2,887.1
2.909.8
2,911.7
2,945.0
2.977.4
3,005.7
3.036.9

1.629.3
1.624.7
1.635.6
1,647.9
1,666.6
1.675.4
1,690.9
1,6973
1.710.6
1.738.7
1,745.7
1,760.6

1.311.1
1,305.6
1.315.5
1.326.5
1,340.0
1351.3
1.365.9
1.367.6
1.383.4
1.410.6
1.416.3
1.429.7

510.3
508.6
509.9
514.0
517.9
522.7
528.4
531.7
540.3
548.5
551.8
556.1

383.2
3842
386.8
390.3
394.2
397.6
402.1
404.2
411.2
416.0
420.5
423.6

392.1
389.5
394.4
397.8
401.5
404.7
408.6
406.0
408.1
419.9
420.4
425.3

408.7
407.6
411.2
414.8
420.6
423.9
429.0
429.9
435.1
444.2
444.1
448.3

318.1
319.1
320.0
321.4
326.6
324.1
325.0
329.7
327.2
328.1
329.5
330.9

169.8
170.8
172.3
175.3
176.9
1782
178.9
179.7
180.4
180.6
181.3
182.2

9.9
15.0
152
9.4
7.0
2.9
-2.4
-5.7
-4.5
-4.7
.4
6.9

177.0
174.0
172.9
182.5
183.9
185.6
192.6
1905
196.5
196.4
199.1
202.4

46.7
462
45.9
45.9
45.9
46.0
463
39.6
47.0
47.8
48.1
482

713
73.3
74.5
755
76.7
77.4
785
79.4
80.0
80.5
80.7
80.5

376.1
378.3
381.7
3865
3913
397.9
406.4
4123
418.8
424.7
429.6
4335

432.1
4343
4392
439.6
444.7
442.9
438.4
4383
437.1
436.1
443.9
446.1

116.9
1165
117.0
117.6
118.7
119.1
119.9
1203
121.0
122.6
123.0
1233

2,018.0

2.035.4
2,066.6

1.195.0

1.205.4
1,213.3
1.219.2
1.229.3
1238.5
1.252.5
1.255.1
1.260.2
1,265.0
1,262.2

1982

January
February
March
April
May
June
July
August
September...
October
November ....
December....

1.268.6

1,276.0
1.275.4
1,274.9
1.286.3
1287,9
1,292.0
1,296.0
1.292.8
1.293.0
1.294.2

1983

Januaiy
February
March
ton
May
June
July
August
September...
October
November....
December....

Less:
Personal
contributions
lor social
insurance

322.7
328.3
333.3
338.1
342.6
347.6
349.9
351.5
356.0
359.2
361.7
361.8

1981

January
February
March
April
May
June
July
August
September...
October
November....
December....

Transfer
payments

743.7
754.0
762.2
771.5
782.1
790.2
797.5
801.9
812.1
822.0
828.2
833.4

1980

January
February
March
April
May
June
July
August
September...
October
November....
December....

Personal
interest
income

939.3
950.5
959.5
969.8
981.5
990.6
999.5
1.005.4
1,016.8
1.030.5
1,038.5
1.044.7

1979

January
February
March
April
May
June
July
August
September...
October
November....
December....

Personal
dividend
income

1,533.8
1.550.8
1.565.4
1,577.3
1.590.1
1,600.8
1.620.5
1.634.2
1.650.3
1.669.6
1.692.7
1.707.9

197$

January
February
March
April
May
June
July
August
September...
October
November....
December....

Rental income
of persons with
capital
consumption
adjustment




Table 2.8.—Personal Income by Type of Income: 1959-94—Continued
(Billions of dollars; months seasonally adjusted at annual rates]
Wage and salary disbursements
Year and month

Personal
income

Goods-producing
All
industries

Private
industries

Total

Manufacturing

Distributive

Service

Government

Other
labor
income

Proprietors' income
Rental income
with inventory valuof persons with
ation and capital concapital
sumption adjustments
consumption
adjustment
Nonfarm
Farm

Personal
dividend
income

Personal
interest
income

Transfer
payments

Less'.
Personal
contributions
for social
insurance

1984
January
February
March
April
May
June
July
August
September ...
October
November....
December....

3,066.3
3,104.1
3,132.9
3.167.1
3,177.8
3,209.7
3.234.2
3,266.7
3.297.5
3.286.6
3.312.3
3.328.7

1,781.5
1.793.8
1,806.4
1,828.8
1.833.2
1.851.7
1.866.8
1,8742
1.891.9
1,894.1
1.910.3
1,928.0

1,445.4
1,455.2
1,465.6
1,486.2
1,488.9
1.505.6
1.518.1
1.522.7
1.538.2
1.539.3
1,554.0
1,570.2

562.9
569.7
572.6
579.0
581.7
587.7
590.6
594.7
595.9
597.4
601.3
605.6

428.7
433.4
436.1
440.8
441.7
444.9
448.4
451.3
452.8
454.8
457.3
460.3

429.2
430.0
432.9
439.5
439.4
445.0
449.0
448.7
453.8
453.7
459.5
462.3

453.3
455.6
460.1
467.7
467.8
472.9
478.5
479.4
488.5
488.2
493.2
502.2

336.2
338.6
340.8
342.6
344.3
346.1
348.7
351.5
353.7
354.8
356.2
357.8

183.5
184.5
185.4
186.4
187.3
188.2
188.6
189.7
190.9
192.7
194.2
195.6

16.0
22.7
26.4
24.1
23.4
23.9
22.6
22.5
22.8
23.9
24.5
25.0

204.2
218.1
221.9
226.4
225.2
228.0
224.6
238.0
244.8
222.8
224.9
227.6

48.4
482
47.7
45.8
45.8
46.5
48.6
50.2
51.9
54.4
56.8
56.6

80.1
79.6
79.4
79.2
78.7
78.6
78.4
78.2
79.2
79.7
80.3
81.0

434.4
439.4
446.0
455.8
464.1
472.6
484.7
491.0
495.0
493.9
495.1
496.0

446.8
447.1
449.7
451.9
451.6
452.9
453.3
456.7
455.9
459.9
461.9
455.4

128.6
129.3
130.1
131.4
131.6
132.7
133.5
133.9
134.8
134.9
135.6
136.5

1985
January
February
March
April
May
June
July
August
September...
October
November....
December....

3.358.2
3,376.0
3,4012
3,404.6
3,416.9
3.438.3
3,451.6
3,465.5
3.480.4
3,515.2
3,525.2
3,564.4

1.933.3
1.942.6
1,963.5
1,964.9
1.974.7
1.993.0
1.994.4
2.008.7
2.025.1
2,036.1
2,045.1
2.069.3

1,570.3
1.577.3
1,596.6
1.593.5
1,605.0
1,621.8
1.620.6
1,632.2
1.646.0
1.656.1
1,662.0
1.684.4

608.2
620.5
613.7
616.3
618.9
619.2
622.8
624.4
630.6
630.1
634.5

462.3
459.6
471.2
463.0
464.9
467.2
467.8
470.0
470.3
476.6
475.6
478.5

461.5
464.9
468.1
468.7
473.2
477.5
476.7
479.2
483.5
484.5
487.0
493.2

500.0
504.2
507.9
511.1
515.4
525.4
524.7
530.2
538.0
541.0
544.9
556.7

363.0
365.3
367.0
371.4
369.7
371.2
373.8
376.5
379.1
380.0
383.2
384.9

197.1
198.3
199.4
200.0
201.1
202.3
203.7
204.9
206.0
207.2
208.1
208.9

26.1
26.1
25.5
23.6
22.8
22.2
21.4
21.3
21.8
24.2
24.3
23.6

240.0
243.7
244.0
242.4
242.1
242.1
244.7
244.9
245.3
250.1
250.3
250.3

53.5
52.3
51.1
49.4
48.6
48.3
49.3
49.3
39.7
47.9
39.7
47.7

82.6
83.4
84.4
85.4
86.5
87.8
88.8
89.8
90.9
92.1
93.5
94.3

494.8
496.2
498.4
503.4
505.8
507.6
506.6
508.8
512.2
516.9
522.1
527.9

476.0
479.1
481.6
482.4
482.8
483.7
491.4
487.6
490.5
492.4
494.5
496.5

145.1
145.6
146.8
146.9
147.5
148.6
148.8
149.8
150.9
151.7
152.4
154.1

1986
January
February
March
April
May
June
July
August
September...
October
November....
December....

3.580.0
3,594.6
3.618.1
3.617.6
3.630.2
3,6472
3,669.8
3.684.7
3.700.3
3,702.7
3,716.5
3.739.4

2.067.4
2.075.5
2,091.5
2.087.1
2,094.5
2.105.4
2,113.9
2,128.1
2.135.0
2.153.8
2.169.5
2.176.9

1,681.7
1,687.7
1.701.7
1.695.8
1,701.6
1,711.0
1,717.2
1,729.0
1,733.8
1,749.8
1,762.8
1,767.4

634.6
632.2
638.2
633.9
634.3
633.3
634.5
638.0
637.7
644.8
642.0
644.7

478.4
476.8
483.6
478.1
479.4
478.6
479.6
482.0
481.8
487.8
483.8
485.1

492.2
493.5
495.7
494.4
496.2
499.1
501.5
503.8
506.1
508.7
514.5
514.0

554.9
562.0
567.8
567.6
571.1
578.6
581.2
587.2
590.0
596.4
606.3
608.7

385.7
387.8
389.8
391.3
392.9
394.4
396.7
399.1
401.2
404.0
406.7
409.5

209.0
209.8
210.7
211.9
213.2
214.6
216.3
217.9
219.5
221.2
222.9
224.7

20.8
20.0
19.6
19.3
20.2
21.9
26.7
28.4
29.3
27.8
27.9
28.2

251.9
251.3
252.1
255.3
255.0
255.4
255.1
258.1
264.0
252.6
251.3
261.2

47.1
46.4
45.6
44.9
43.8
42.6
40.6
39.3
38.2
36.1
35.1
38.1

97.7
100.6
102.7
104.6
105.8
107.0
107.4
107.7
107.8
107.4
107.0
105.9

538.4
542.9
545.3
542.4
543.0
543.8
546.4
546.6
545.9
542.4
541.3
540.8

505.9
507.1
510.8
512.1
515.4
517.9
525.5
521.7
524.2
526.2
527.1
529.7

158.1
158.9
160.2
160.1
160.7
161.5
162.2
163.1
163.6
164.8
165.7
166.1

1987
January
February
March
April
May
June
July
August
September...
October
November....
December....

3,759.5
3,789.0
3,809.4
3,821.4
3,853.7
3.865.7
3.877.8
3,913.0
3,932.0
3.981.0
4.006.7
4.055.3

2.192.2
2210.6
2,226.0
2,231.4
2.250.1
2.259.2
2.267.2
2.294.0
2,299.9
2.323.3
2.340.4
2,377.9

1.778.8
1.796.0
1.810.5
1.813.6
1.829.7
1,836.4
1.843.3
1.869.1
1,874.0
1.894.2
1.907.9
1,941.0

646.4
648.5
655.0
650.2
654.6
656.1
658.1
663.8
667.6
671.8
675.6
677.0

487.5
489.2
494.4
489.8
492.3
493.3
495.3
499.4
503.6
505.3
507.5
508.7

515.3
522.3
523.9
528.1
531.8
532.9
536.8
543.0
545.6
546.8
549.8
549.0

617.1
625.2
631.6
635.2
643.2
647.3
648.4
662.4
660.8
675.6
682.6
715.0

413.4
414.6
415.5
417.9
420.4
422.9
423.8
424.8
425.9
429.0
432.5
436.9

226.5
228.3
230.1
232.4
233.8
234.8
234.1
235.5
237.5
242.0
244.1