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40 • August 1997 SURVEY OF CURRENT BUSINESS io National Product and IncomeTable 1.1.—Gross Domestic Product [Billions of dollars] Seasonally adjusted at annual rates Line 1992 1993 1994 1995 1996 1992 Gross domestic product Personal consumption expenditures Durable goods Nondurable goods Services Gross private domestic Investment Fixed investment Presidential 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 . „ 1994 1993 I IV II III IV I II 1 6,244.4 6,558.1 6,947.0 7,265.4 7,636.0 6,383.1 6,444.5 6,509.1 6,574.6 6,704.2 6,794.3 6,911.4 2 4,219.8 4,459.2 4,717.0 4,957.7 5,207.6 4,329.6 4,365.4 4,428.1 4,488.6 4,554.9 4,616.6 4,680.5 3 4 5 488.5 1,321.8 2,409.4 530.2 1,370.7 2,558.4 579.5 1,428.4 2,709.1 608.5 1,475.8 2,873.4 634.5 1,534.7 3,038.4 506.2 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 2,692.2 6 790.4 876.2 1,007.9 1,038.2 1,116.5 816.1 854.3 857.4 872.8 920.3 963.4 1,017.9 7 8 9 10 11 12 783.4 557.9 169.2 388.7 225.6 855.7 604.1 176.4 427.7 251.6 946.6 660.6 184.5 476.1 286.0 1,008.1 723.0 200.6 522.4 285.1 1,090.7 781.4 215.2 566.2 309.2 809.7 569.6 167.1 402.5 240.1 823.5 580.5 171.7 408.9 243.0 842.9 598.8 175.2 423.6 244.1 858.8 606.4 177.8 428.6 252.4 897.5 630.6 180.7 449.9 266.8 911.0 634.6 175.4 459.3 276.4 941.7 652.9 185.2 467.7 288.7 20.5 61.2 30.1 25.9 30.7 14.5 14.0 22.9 13 -29.5 -60.7 -90.9 -86.0 -94.8 -42.7 -46.6 -57.5 -72.1 -66.6 -76.6 -87.9 14 15 16 17 18 19 639.4 448.7 190.7 669.0 544.9 124.1 658.6 459.7 198.9 719.3 592.8 126.5 721.2 509.6 211.6 812.1 676.8 135.3 818.4 583.9 234.6 904.5 757.5 146.9 870.9 617.5 253.3 965.7 809.0 156.7 649.1 459.0 190.1 691.8 564.4 127.4 647.1 451.2 195.8 693.7 570.8 122.9 661.2 462.2 199.0 718.7 593.2 125.4 646.8 447.9 198.9 718.9 592.8 126.1 679.4 477.7 201.7 746.0 614.4 131.6 678.5 475.7 202.8 755.1 622.4 132.8 710.1 499.2 210.9 797.9 663.8 134.1 20 1,263.8 1,283.4 1,313.0 1,355.5 1,406.7 1,280.0 1,271.5 1,281.2 1,285.3 1,295.5 1,291.0 1,300.8 21 22 23 24 528.0 375.8 152.2 735.8 518.3 360.7 157.7 765.0 510.2 349.2 161.0 802.8 509.6 344.6 165.0 846.0 520.0 352.8 167.3 886.7 535.0 375.3 159.7 745.1 521.3 363.6 157.7 750.1 517.8 361.7 156.1 763.4 515.7 358.0 157.7 769.6 518.5 359.4 159.1 777.0 506.9 344.9 162.0 784.1 505.3 348.5 156.8 795.5 III IV 1 7.0 6.5 52.4 76.3 Seasonally adjusted at annual rates 1994 Line 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 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 . . I II III IV I It II 1 6,986.5 7,095.7 7,168.9 7,209.5 7,301.3 7,381.9 7,467.5 7,607.7 7,676.0 7,792.9 7,933.6 8,004.8 2 4,750.6 4,820.2 4,871.7 4,934.8 4,990.6 5,033.8 5,105.8 5,189.1 5,227.4 5,308.1 5,405.7 5,429.8 3 4 5 583.3 1,439.5 2,727.8 599.3 1,453.7 2,767.2 596.9 1,462.7 2,812.2 602.8 1,472.4 2,859.6 616.0 1,480.4 2,894.2 618.4 1,487.8 2,927.5 626.7 1,508.1 2,970.9 638.6 1,532.3 3,018.2 634.5 1,538.3 3,054.6 638.2 1,560.1 3,109.8 658.4 1,587.4 3,159.9 644.0 1,578.9 3,206.9 6 1,007.1 1,043.1 1,050.8 1,024.0 1,028.8 1,049.1 1,060.5 1,105.4 1,149.2 1,151.1 1,193.6 1,227.2 7 8 9 10 11 12 956.9 667.4 186.8 480.6 289.5 977.0 687.5 190.7 496.8 289.5 998.7 710.9 197.7 513.2 287.8 999.6 722.5 201.1 521.4 277.1 1,009.4 725.4 202.8 522.6 284.0 1,024.6 733.1 200.7 532.4 291.4 1,049.4 750.7 205.7 545.0 298.8 1,082.0 769.3 210.6 558.7 312.7 1,112.0 798.6 217.7 580.9 313.5 1,119.2 807.2 227.0 580.2 312.0 1,127.5 811.3 227.4 583.9 316.2 1,157.8 836.4 230.4 606.0 321.4 66.2 52.1 19.4 24.5 11.1 23.4 31.9 66.1 69.4 13 -103.4 -95.6 -98.3 -105.4 -80.4 -60.1 -83.0 -93.8 -114.0 -88.6 -98.8 -103.3 14 15 16 17 18 19 732.6 518.9 213.7 836.0 699.2 136.9 763.7 544.6 219.0 859.2 721.7 137.5 784.5 560.7 223.9 882.8 739.3 143.5 807.7 578.6 229.2 913.1 767.0 146.1 831.6 591.1 240.5 912.0 762.9 149.1 849.9 605.1 244.7 909.9 761.0 149.0 850.2 606.1 244.1 933.2 778.4 154.8 865.0 613.9 251.1 958.7 802.9 155.8 863.7 609.7 254.0 977.6 820.2 157.5 904.6 640.5 264.2 993.2 834.6 158.6 922.2 656.2 266.0 1,021.0 855.8 165.2 948.4 679.1 269.3 1,051.8 883.5 168.3 20 1,332.3 1,328.0 1,344.7 1,356.0 1,362.2 1,359,2 1,384.2 1,407.0 1,413.5 1,422.3 1,433.1 1,451.1 21 22 23 24 520.4 359.7 160.7 811.9 5083 343.6 164.7 819.6 513.6 346.3 167.3 831.1 511.2 348.1 163.0 844.8 512.9 347.3 165.5 849.3 500.6 336.5 164.1 858.6 516.4 348.4 168.0 867.8 524.6 357.3 167.3 882.4 521.6 354.8 166.8 891.9 517.6 350.6 167.0 904.7 516.1 343.3 172.8 917.0 528.0 352.6 175.3 923.2 NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1. IV 1997 1996 1995 50.2 24.5 37.1 SURVEY OF CURRENT BUSINESS August 1997 • 41 Table 1.2.—Real Gross Domestic Product [Billions of chained (1992) dollars] Seasonally adjusted at annual rates Line 1992 1994 1993 1995 1996 IV Gross domestic product Personal consumption expenditures Durable goods Nondurable goods Services 1994 1993 1992 1 II Hi IV 6,244.4 6,389.6 6,610.7 6,742.1 6,928.4 6,327.1 6,327.9 6,359.9 6,393.5 6,476.9 6,524.5 6,600.3 2 4,219.8 4,343.6 4,486.0 4,595.3 4,714.1 4,282.3 4,286.8 4,322.8 4,366.6 4,439.4 4,472.2 3 4 5 488.5 1,321.8 2,409.4 523.8 1,351.0 2,468.9 583.6 1,412.6 2,599.6 611.1 1,432.3 2,671.0 505.0 1,339.8 2,437.6 504.0 1,337.5 2,445.3 529.9 519.3 1,356.8 1,347.8 2,455.9 2,480.0 fldft 0*10.1 1 ftSfifi 09O.O 4,398.0 542.1 1,361.8 2,494.4 550.7 1,378.4 2,510.9 555.8 1,385.5 2,531.4 7QA4 19(1 A flft.1 ft 004.0 004 c 9V1.9 4 AftO 4 l,UOy.l 8199 Ol£.£ OAK e 049.9 7 8 9 10 11 12 13 783.4 557.9 169.2 388.7 225.6 7.0 -29.5 842.8 600.2 170.8 429.6 242.6 22.1 915.5 648.4 172.5 476.8 267.0 60.6 962.1 706.5 179.9 528.3 257.0 27.3 805.8 569.1 165.6 403.5 236.7 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 24.2 -70.2 -98.8 -40.0 -54.7 -42.6 -83.1 -80.5 14 15 16 17 18 19 639.4 448.7 1907 669!o 544.9 124.1 658.2 463.7 194.5 728.4 602.0 126.5 -104.6 712.4 509.8 202.9 817.0 684.1 133.2 1,041.7 771.7 188.7 586.0 272.1 25.0 -114.4 791.2 573.9 2180 89o!l 749.2 141.2 857.0 628.4 2299 971.5 8231 149!o 649.1 461.0 1882 689J 561 8 127'.4 647.2 454.1 193.1 701.9 578.7 123.3 660.1 465.3 194.8 722.7 597.8 124.9 646.3 452.0 194.2 729.4 603.1 126.3 679.1 483.5 195.9 759.7 628.3 131.4 Government consumption expenditures and gross Investment 20 1,252.3 1,251.9 1,257.9 5057 354.4 151.2 746.4 -.9 4866 336.9 149.5 765.7 -.3 470.3 322.6 147.5 781.6 .6 4642 317.8 146.1 793.7 1,272.5 534.0 376.8 157.1 738.5 .9 1,250.1 5121 359.2 152.9 738.0 1,253.1 5078 356.7 151.1 745.3 -1.5 1,250.5 501 5 351.1 150.3 749.1 -.4 1,254.7 21 22 23 24 1,263.8 5280 375.8 152.2 735.8 1,252.1 Federal National defense Nondefense State and local Residual Gross private domestic Investment Exports Goods Services Imports Goods Services II 1 561.2 1,389.9 2,535.5 0747 9/9.1 Fixed investment Nonresidential Structures Producers' durable equipment Residential Change in business inventories Net exports of goods and services I o 25 -1.6 -1.3 (MUfl SWr.VJ 501 3 350.8 150.4 753.4 Q4QO 9«}V.9 887.8 626.2 166.3 460.6 261.3 53.1 -97.6 676.0 479.1 197.0 773.6 641.4 132.3 1,241.9 487.2 335.1 151.9 754.7 -1.0 -.9 087 A 9O/.O 913.2 641.2 174.5 467.3 271.5 75.9 -103.9 704.1 501.2 2Q31 808.0 6746 133.6 1,243.3 481 2 335.9 145.1 762.2 -.9 Seasonally adjusted at annual rates Line 1994 III i IV II 6,688.6 6,703.7 6,708.8 2 6,629.5 4,498.2 4,534.1 3 4 5 561.7 1,393.2 2,543.8 576.6 1,402.5 2,555.9 4,551.3 572.2 1,408.4 2,571.2 4,583.5 577.7 1,411.6 2,594.5 Gross private domestic Investment 6 972.2 1,003.0 1,005.8 977.5 Fixed investment Nonresidential Structures Producers' durable equipment Residential Change in business inventories Net exports of goods and services 7 8 9 10 11 12 922.7 653.2 174.0 480.0 269.4 49.7 13 Exports Goods Services Imports Goods Services Government consumption expenditures and gross Investment Federal National defense Nondefense State and local 14 15 16 17 18 19 20 Residual 25 -111.1 722.1 518.4 204.1 833.2 700.0 133.5 1,268.1 496.4 347.0 149.4 771.7 .6 938.5 672.9 175.0 499.1 265.9 63.6 -105.9 955.8 695.7 179.0 518.1 261.2 48.5 -113.5 760.4 550.4 210.6 873.9 733.5 140.7 1,257.7 480.4 328.7 151.4 777.3 .9 954.0 705.4 180.9 525.9 260.4 21.6 -112.8 777.4 565.7 212.5 890.3 751.4 139.3 1,257.3 474.9 327.4 147.3 782.3 1.7 Gross domestic product Personal consumption expenditures Durable goods Nondurable goods Services 1 21 22 23 24 NoiE.-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, 747.3 540.4 207.5 853.2 720.4 133.2 1,255.8 481.7 329.6 151.7 774.1 .3 1997 1996 1995 III 6,759.2 4,612.9 IV I 6,796.5 6,826.4 4,633.5 593.7 1,416.3 2,623.8 4,669.4 982.0 962.3 708.2 181.2 528.5 255.5 17.0 -92.9 1,000.8 600.7 1,422.5 2,646.5 1,012.2 976.3 716.8 178.6 540.5 260.8 22.2 1,001.5 736.9 182.1 557.4 266.1 6.0 -76.1 802.4 580.4 222.6 895.4 753.6 142.1 1,255.0 473.4 324.0 149.1 781.5 1.7 824.6 599.1 226.2 900.7 758.2 142.9 1,237.7 452.6 310.3 142.1 785.1 -100.8 828.2 605.2 224.0 929.0 781.4 147.8 1,243.2 460.9 314.9 145.7 782.4 .1 590.8 1,413.9 2,608.7 -1.1 II III IV I il 6,926.0 4,712.2 6,943.8 4,718.2 7,017.4 7,101.6 7,139.7 4,756.4 611.9 1,433.9 2,672.8 617.1 1,441.2 2,698.2 4,818.1 637.8 1,457.8 2,723.9 4,827.9 614.8 1,431.6 2,666.5 1,059.2 1,100.3 1,149.2 1,035.7 759.7 185.6 577.1 277.2 21.3 -112.6 847.4 619.2 229.3 960.0 811.7 148.8 1,265.1 470.7 323.2 147.2 794.4 -.9 1,060.9 789.3 190.0 602.9 274.1 37.9 -138.9 1,104.8 1,068.7 800.8 196.9 606.7 271.1 32.9 628.5 1,450.1 2,748.8 1,185.7 1,079.0 808.9 195.9 616.6 273.3 63.7 1,110.9 837.8 197.0 645.9 277.1 66.8 -147.9 954.1 718.0 239.9 1,102.0 942.1 161.2 1,272.3 462.0 311.4 150.1 810.4 -105.6 -126.3 851.4 623.0 229.4 990.2 841.7 149.3 1,261.5 901.1 666.2 236.8 1,006.6 857.5 150.0 1,261.8 465.7 319.4 146.0 795.9 -2.4 459.6 313.6 145.7 802.3 922.7 686.2 238.9 1,048.9 891.3 158.4 1,260.5 452.8 303.9 148.5 807.7 -2.9 -3.8 -1.0 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. SURVEY OF CURRENT BUSINESS 148 August 1997 Summary National Income and Product Series, 1929-96 Tables 1-4 present revised historical summary series from the national income and product accounts (NIPA'S). Table i presents current-dollar gross domestic product and its components. Tables 2A and 2B present real gross domestic product and its components, in chained dollars and in index form, respectively. Table 3 presents NIPA price indexes, and table 4 presents national income and personal income. These estimates are updated quarterly and are available from STAT-USA'S Economic Bulletin Board and Internet services; for information, call (202) 482-1986. Table 1.—Gross Domestic Product [Billions of dollars; quarterly data are seasonally adjusted at annual rates] Government2 Net exports1 Gross private domestic investment Personal consumption expenditures Fixed investment Year and quarter GDP HuraKIa Total uuraDie goods Non- durable goods Services Nonresidential Total Total Total Structures PDE Residential CBI 1.7 0.4 5.9 5.6 9.3 1.7 7.6 102.1 104.6 4.4 2.9 2.0 2.0 2.6 4.1 2.9 1.9 1.9 2.2 9.9 9.8 8.7 8.6 1.8 1.8 1.8 25 35 8.1 8.0 6.9 6.4 75 91.4 91.8 76.9 56.9 56.5 66.1 -12.3 -16.1 -23.4 -10.5 -15.1 -21.3 -.6 .3 0 0 .1 .3 -4.0 17.1 -5.5 15.1 3.3 5.5 5.0 5.6 5.9 7.5 7.5 7.7 8.1 8.8 72.0 82.4 73.5 83.9 11.0 14.3 14.5 89.1 86.5 91.7 925 86.3 92.3 -6.4 6.4 8.5 8.5 8.5 8.3 8.3 98.8 101.6 10.1 1275 255 162.1 198.7 2205 27.6 22.7 10.8 11.0 1932 1933 1934 58.6 56.2 65.9 1935 73.1 83.6 91.8 85.9 91.9 55.9 62.2 5.1 6.3 6.9 5.7 6.7 29.3 32.9 35.2 34.0 35.1 21.5 23.0 24.7 24.6 25.4 101.2 126.7 161.6 198.3 219.7 71.2 81.0 88.9 99.7 37.0 42.9 50.8 58.6 64.3 26.4 28.5 31.3 34.6 37.4 13.6 18.2 10.5 108.5 7.8 9.7 6.9 6.5 6.7 223.2 222.6 244.6 269.7 267.8 119.9 144.3 162.3 175.4 178.9 8.0 15.8 20.4 22.9 25.0 71.9 82.7 90.9 96.6 94.9 40.0 45.8 51.0 56.0 59.0 10.9 31.3 35.0 48.1 36.7 12.3 25.1 35.5 42.4 39.6 10.6 17.3 23.5 26.8 24.9 294.6 339.7 358.6 379.7 381.3 192.7 208.7 219.7 233.5 240.7 30.8 29.9 29.3 32.7 32.1 98.2 63.7 69.7 75.7 54.2 109.2 114.7 117.8 119.7 60.3 54.0 56.3 53.8 48.3 50.3 50.5 54.5 55.8 27.8 31.8 31.9 35.1 34.7 415.1 438.0 461.0 467.3 507.2 259.1 271.9 286.7 296.3 318.1 38.9 38.2 39.7 37.2 42.7 124.7 130.8 137.1 141.7 148.5 103.0 109.9 117.4 127.0 69.0 72.2 70.6 64.5 78.8 64.0 68.1 69.7 64.9 74.6 39.0 44.5 47.5 42.5 46.5 526.6 544.8 585.2 617.4 663.0 332.2 342.6 363.4 383.0 411.4 43.3 41.8 46.9 51.6 56.7 152.9 156.6 162.8 168.2 178.7 136.0 144.3 153.7 163.2 176.1 78.8 77.9 87.9 93.4 49.2 48.6 52.8 55.6 62.4 19.6 19.7 20.8 101.7 75.5 75.0 81.8 87.7 96.7 719.1 787.8 833.6 910.6 982.2 444.3 481.9 509.5 559.8 604.7 63.3 68.3 70.4 191.6 208.8 217.1 235.7 253.2 189.4 204.8 222.0 243.4 265.5 118.0 130.4 128.0 139.9 155.0 108.3 116.7 117.6 130.8 145.5 74.1 84.4 85.2 92.1 283 102.9 1,035.6 1,125.4 1,237.3 1,382.6 1,496.9 648.1 702.5 770.7 851.6 931.2 85.0 96.9 291.1 320.1 352.3 384.9 424.4 150.2 176.0 205.6 242.9 245.6 148.1 167.5 195.7 225.4 231.5 106.7 111.7 126.1 150.0 165.6 40.3 42.7 47.2 66.4 69.1 78.9 41.4 110.4 123.5 122.3 272.0 285.5 308.0 343.1 384.5 55.0 61.2 95.1 104.3 75.3 66.0 17.5 14.1 1,630.6 1,819.0 2,026.9 2,291.4 2,557.5 1,029.1 1,148.8 1,277.1 1,428.8 1,593.5 133.5 158.9 181.1 201.4 213.9 420.6 458.2 496.9 549.9 624.0 475.0 531.8 599.0 677.4 755.6 225.4 286.6 356.6 430.8 480.9 231.7 269.6 333.5 403.6 464.0 169.0 187.2 223.2 272.0 323.0 61.4 65.9 74.6 91.4 62.7 82.5 -6.3 16.9 23.1 1983 1984 2,784.2 3,115.9 3,242.1 3,514.5 3,902.4 1,760.4 1,941.3 2,076.8 2,283.4 2,492.3 213.5 230.5 239.3 279.8 325.1 695.5 758.2 786.8 830.3 883.6 851.4 952.6 1,050.7 1,173.3 1,283.6 465.9 556.2 501.1 547.1 715.6 473.5 528.1 515.6 552.0 648.1 350.3 405.4 409.9 399.4 468.3 1985 1986 1987 1988 1989 4,180.7 4,422.2 4,692.3 5,049.6 5,438.7 2,704.8 2,892.7 3,094.5 3,349.7 3,594.8 361.1 398.7 416.7 451.0 472.8 927.6 957.2 1,014.0 1,081.1 1,163.8 1,416.1 1,536.8 1,663.8 1,817.6 1,958.1 715.1 722.5 747.2 773.9 8292 688.9 712.9 722.9 763,1 797.5 1990 1991 1993 1994 5,743.8 5,916.7 6,244.4 6,558.1 6,947.0 3,839.3 3,975.1 4,219.8 4,459.2 4,717.0 476.5 455.2 488.5 530.2 579.5 1,245.3 1,277.6 1,321.8 1,370.7 1,428.4 2,117.5 2,242.3 2,409.4 2,558.4 2,709.1 799.7 736.2 790.4 8765 1,007.9 1995 1996 7,265.4 7,636.0 4,957.7 5,207.6 608.5 634.5 1,475.8 1,534.7 2,873.4 3,038.4 1,0385 1,116.5 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1992 . ... See footnotes at end of table. 80.8 85.9 83.0 89.0 95.5 5.9 1.1 1.7 3.7 7.0 3.6 3.1 4.3 8.6 5.3 2.9 2.5 3.3 6.7 8.7 5.6 7.5 9.5 7.7 9.1 4.3 5.8 7.5 5.5 6.1 1.4 1.9 2.7 2.1 2.2 2.8 3.9 4.8 3.4 3.9 1.3 1.7 2.1 2.1 3.0 1.1 15 2.7 -.6 5 -2 -.2 0 .9 .8 2.8 3.0 4.0 3.8 3.9 3.0 3.2 4.0 2.8 3.1 10.8 13.0 12.7 13.7 7.7 9.7 6.3 5.4 7.4 2.6 3.3 22 1.8 2.4 55 6.4 4.1 3.7 5.0 3.5 4.1 2.2 1.4 1.4 2.4 4.4 1.9 -.8 -.9 1.4 1.0 -.3 4.8 5.4 4.3 3.9 4.8 3.4 4.4 4.6 6.3 6.9 15.0 26.5 62.7 94.9 3.3 7.4 8.1 9.5 9.2 7.3 9.9 1.7 7.8 6.7 7.5 7.0 7.9 6.1 7.8 11.2 13.8 8.5 6.9 8.7 Final sales of domestic product -.4 14.9 10.6 7.1 9.3 GDP 4.0 16.7 29.0 67.2 GNP 2.4 1.8 .8 .6 .9 30.5 34.0 29.0 22.7 22.3 26.7 1938 1939 and 4.2 2.6 1.5 1.4 2.1 37.7 7.2 5.5 3.6 3.5 4.2 12.2 Federal 5.5 9.2 70.2 60.7 48.7 45.9 51.4 66.8 64.2 State Total 5.5 77.5 91.1 76.4 1936 1937 Imports Percent change from preceding period 4.4 2.6 1.4 1.1 1.2 103.8 1930 1931 26.2 22.3 20.2 20.5 Exports local 1929 11.0 Net Final sales of domestic product -1.1 -2.5 -1.5 -1.4 6.2 -.5 5.6 -2.4 -2.2 -.9 7.1 11.6 14.6 15.3 16.0 15.4 47.1 68.3 83.8 90.7 86.4 26.3 45.3 59.4 17.6 17.2 18.9 19.9 86.7 91.6 99.8 54.9 56.7 61.3 200 106.1 112.0 638 22.3 22.8 22.7 25.0 26.1 28.1 113.2 120.9 131.4 137.7 144.4 69.1 76.5 78.1 79.4 31.5 37.1 153.0 173.6 194.6 212.1 223.8 106.6 113.8 115.8 115.9 117.1 125.1 128.2 139.9 10.1 13.6 13.9 21.5 20.8 18.6 19.4 21.1 155 23.9 26.3 28.6 24.9 28.3 25.0 23.6 22.2 22.3 28.1 4.9 4.1 .9 -.4 45 29.7 28.9 32.1 34.4 38.7 26.3 26.4 29.0 32.1 34.3 35 2.9 6.1 5.7 5.0 2.4 3.4 2.4 3.3 5.5 45.8 53.0 53.7 345 9.7 3.9 1.9 1.4 18.2 19.0 17.6 18.1 215 23.7 31.3 31.5 33.6 37.7 58.5 65.2 32.3 32.4 38.7 42.6 55.8 69.7 114.9 107.6 121.2 148.7 180.6 208.1 110.3 131.6 141.0 133.9 164.6 175.0 152.7 176.0 216.4 240.9 234.9 246.7 292.3 123.2 122.6 105.7 152.5 179.8 502.0 494.8 495.4 530.6 566.2 193.3 175.8 172.1 181.3 192.3 308.7 319.0 323.3 349.3 373.9 186.9 218.1 227.6 2325 231.3 791.6 738.5 783.4 855.7 946.6 575.9 547.3 557.9 604.1 660.6 200.8 181.7 169.2 176.4 184.5 375.1 365.6 388.7 427.7 476.1 215.7 191.2 225.6 251.6 286.0 1,008.1 1,090.7 723.0 781.4 200.6 522.4 566.2 285.1 309.2 2155 13.8 10.5 9.1 9.5 2.2 8.5 9.9 84.4 29.2 22.8 24.5 28.0 12.3 17.0 16.3 15.2 15.7 17.8 19.9 19.7 20.5 18.4 125 -1.9 93.3 39.9 36.5 40.8 47.0 .7 2.4 1.0 -.8 .3 -2.8 3.5 1.8 105.6 17.9 54.1 86.6 97.2 5.4 55 12.1 15.6 14.6 5.9 14.6 14.1 18.7 15.5 14.4 10.8 15.3 17.3 15.7 10.0 12.0 10.4 .4 2.3 4.0 .4 -1.7 -1.3 -1.2 1.2 215 23.9 20.4 20.6 253 26.0 27.4 29.4 33.6 35.4 38.9 41.4 45.3 49.3 10.1 9.2 39.9 46.6 50.5 64.5 57.4 67.2 656 81.8 94.1 8.9 77.6 61.0 57.7 66.4 122.2 159.7 199.1 220.6 10.7 13.7 16.3 19.0 224.6 216.4 245.1 264.1 270.6 223.5 223.3 245.8 20.7 23.0 24.5 26.2 29.0 288.7 329.7 3550 377.9 383.2 296.1 341.7 360.7 381.7 383.4 31.7 34.8 38.5 42.3 44.8 410.2 433.9 460.1 467.7 503.0 47.6 51.8 55.0 59.6 65.0 71.2 79.5 88.1 98.3 2715 269.1 9.7 7.0 1.6 -.3 9.9 10.3 -.7 10.0 15.3 8.4 8.1 -2.9 6.0 7.8 23.7 30.7 24.7 10.8 1.8 ^3.6 13.2 7.8 2.4 6.7 14.2 5.5 5.9 .4 7.7 6.4 1.4 417.7 440.9 464.2 470.1 510.1 8.9 5.5 5.3 1.4 8.5 7.0 5.8 6.1 1.6 7.6 523.3 541.9 579.1 611.7 658.0 529.8 548.4 589.4 621.9 668.0 3.8 3.5 7.4 5.5 7.4 4.0 3.5 6.9 5.6 7.6 108.0 709.4 774.0 823.1 901.4 972.7 724.5 793.0 839.1 916.7 988.4 8.5 9.5 5.8 95 7.9 7.8 9.1 6.3 9.5 7.9 120.2 132.8 143.8 159.4 183.3 1,033.4 1,116.9 1,227.4 1,365.2 1,482.8 1,042.0 1,133.1 1,246.0 1,395.4 1,512.6 5.4 8.7 9.9 6.2 8.1 9.9 91.8 55.8 62.3 74.2 91.2 -3.1 124.3 127.5 236.1 249.9 268.9 287.6 323.2 13.6 -2.3 -23.7 -26.1 -24.0 136.3 148.9 158.8 186.1 228.7 122.7 151.1 182.4 212.3 252.7 362.6 385.9 416.9 457.9 507.1 154.5 162.7 178.4 194.4 215.0 208.1 223.1 238.5 263.4 292.0 1,636.9 1,802.0 2,003.8 2,264.2 2,540.6 1,643.9 1,836.1 2,047.5 2,313.5 2,590.4 -14.9 -15.0 -20.5 -51.7 -102.0 278.9 302.8 282.6 277.0 303.1 293.8 317.8 303.2 328.6 405.1 572.8 633.4 684.8 735.7 796.6 248.4 284.1 313.2 344.5 372.6 324.4 3495 371.6 424.0 2,791.9 3,087.8 3,256.6 3,519.4 3,835.0 2,819.5 3,150.6 3,273.2 3,546.5 3,933.5 -114.2 -131.5 -142.1 -106.1 -80.4 303.0 320.7 365.7 447.2 509.3 417.2 452.2 507.9 5535 589.7 875.0 938.5 992.8 1,032.0 1,095.1 410.1 4355 455.7 457.3 477.2 464.9 503.3 5375 574.7 617.9 4,154.5 4,412.6 4,668.1 5,038.7 5,407.0 4,201.0 4,435.1 4,701.3 5,062.6 5,452.8 7.1 5.8 6.1 7.6 7.7 8.3 6.2 5.8 7.9 7.3 615 -71.3 -20.5 -29.5 -60.7 -90.9 557.3 601.8 639.4 658.6 721.2 628.6 6223 669.0 719.3 812.1 1,176.1 1,225.9 1,263.8 1,283.4 1,313.0 503.6 522.6 528.0 518.3 510.2 672.6 703.4 735.8 765.0 802.8 5,735.8 5,919.0 6,237.4 6,537.6 6,885.7 5,764.9 5,932.4 6,255.5 6,576.8 6,9555 5.6 3.0 5.5 5.0 5.9 6.1 3.2 5.4 4.8 5.3 30.1 25.9 -86.0 -94.8 818.4 870.9 904.5 965.7 1,355.5 1,406.7 509.6 520.0 846.0 886.7 7,235.3 7,6105 7,270.6 7,637.7 4.6 5.1 5.1 5.2 275 16.9 -7.6 28.2 -14.5 -4.9 67.5 265 9.6 24.2 10.9 31.7 8.0 -2.3 7.0 20.5 -3.0 -8.0 .6 57.0 59.3 66.2 3915 11.7 8.3 8.9 11.5 11.4 13.0 11.6 8.9 11.9 4.1 8.4 11.0 11.2 8.6 10.4 10.1 11.2 13.0 12.2 9.9 10.6 5.5 8.1 9.0 SURVEY OF CURRENT BUSINESS August 1997 • 149 Table 1.—Gross Domestic Product—Continued [Billions of dollars; quarterly data are seasonally adjusted at annual rates] Personal consumption expenditures Government2 Net exports1 Gross private domestic investment Year and quarter GDP Total Durable goods Nondurable goods Services Total ResiC*n i/» Total 1946: 1 , II HI IV .... 1947:1 || HI IV .... 1948: 1 II III IV .... 1949:1 II Ill IV .... 1950:1 || Ill .... IV .... 1951: 1 li Ill IV .... 1952: 1 II Ill IV .... 1953: 1 II Ill IV .... 1954: 1 || HI IV .... 134.9 140.1 148.9 153.2 12.6 14.7 17.1 18.7 78.9 80.6 85.1 86.3 43.5 44.9 46.7 48.2 25.1 32.2 19.4 255.0 156.6 160.5 164.1 168.2 20.0 20.3 22.0 87.7 90.1 92.1 93.6 260.8 267.9 274.4 275.8 170.9 174.7 177.6 178.5 22.0 22.4 23.7 23.3 270.6 266.7 177.4 179.0 178.3 180.8 237.1 242.1 247.9 253.3 238.5 242.0 246.3 2565 16.9 9.6 155 15.4 14.6 10.0 10.5 10.1 37.8 39.9 41.7 43.8 22.7 24.1 24.9 26.4 15.1 15.9 16.7 17.4 257.3 262.0 267.3 269.8 262.3 269.4 276.0 277.3 6.4 65 5.1 2.9 16.0 15.6 14.0 12.0 9.6 9.4 8.9 9.1 45.9 47.6 47.5 46.9 27.9 28.9 28.0 27.2 18.0 18.7 19.4 19.7 270.2 272.0 269.6 270.5 272.0 2.1 1.6 -.8 -5 11.6 11.8 12.2 13.5 9.5 105 13.0 13.7 45.9 46.4 46.2 49.8 25.8 26.0 25.2 20.0 20.4 21.0 21.6 273.9 282.5 298.5 299.9 277.3 286.7 304.5 .1 1.9 3.7 4.1 15.0 17.0 18.0 18.1 14.9 15.2 14.3 14.0 57.6 65.0 72.9 77.9 35.5 42.1 49.4 22.1 22.9 23.4 23.7 319.1 334.1 331.1 339.1 346.1 343.5 350.7 3.6 1.8 -.1 18.6 16.5 15.1 79.4 83.3 85.0 87.5 55.6 58.7 62.6 23.8 24.6 24.4 25.0 346.8 353.9 155 15.0 14.6 15.3 16.3 366.3 353.8 354.6 360.8 373.5 -.7 -.4 15.0 15.1 15.7 15.1 15.8 16.4 16.3 15.5 89.9 92.0 90.5 90.7 64.1 66.3 64.1 63.7 25.8 25.7 26.4 27.0 374.7 378.7 379.4 378.8 380.5 384.3 383.5 378.6 14.3 16.3 15.8 16.5 14.8 88.8 86.4 85.0 85.2 60.9 57.8 55.5 55.3 27.9 28.6 29.6 29.9 378.3 3803 383.7 390.4 378.4 379.0 383.8 392.5 3995 406.7 415.6 419.3 422.4 429.0 422.5 432.0 437.6 442.6 10.4 10.4 12.3 15.1 .4 -1.2 -2.8 10.8 11.2 11.7 1.6 9.2 95.1 97.0 97.0 97.3 53.9 55.3 56.9 57.9 44.9 48.1 50.3 49.1 41.3 42.2 43.1 43.1 26.2 26.0 27.0 28.1 8.8 9.3 9.9 155 10.1 17.3 16.7 17.1 18.0 3.5 5.8 7.2 6.0 75 55 4.9 4.4 22.8 24.8 25.8 26.8 96.3 95.3 93.5 94.3 58.3 58.9 59.0 59.8 40.9 33.9 37.2 35.0 40.5 39.2 9.7 9.4 8.9 8.7 16.8 16.1 14.9 14.0 13.7 14.5 16.3 .4 39.9 26.6 25.5 24.1 23.5 183.6 187.5 201.2 198.6 27.7 28.1 35.6 31.5 94.8 96.3 100.9 100.9 61.1 63.0 64.7 66.2 44.4 49.9 56.2 66.3 42.3 47.0 52.0 51.8 24.2 26.6 29.6 30.6 9.1 9.5 10.3 11.0 15.1 17.1 19.4 19.6 18.1 20.4 22.3 21.3 14.5 209.7 205.3 207.9 33.8 28.9 28.3 28.4 107.8 107.4 109.4 112.0 68.0 69.0 70.2 71.4 62.1 65.0 59.5 54.6 51.7 50.0 49.6 49.6 30.9 31.8 32.5 32.2 11.5 12.2 12.3 11.9 19.4 19.7 20.8 18.2 10.5 14.9 205 175 20.2 17.5 9.9 4.9 28.9 29.1 27.4 31.5 111.4 113.7 115.9 117.9 72.9 74.6 76.5 78.6 55.4 49.9 53.9 57.0 50.5 51.4 48.3 51.9 32.4 32.9 29.8 32.5 12.0 12.1 12.6 20.4 20.8 17.7 19.9 18.0 18.5 18.5 19.4 33.0 32.9 32.7 32.1 118.1 118.1 117.6 117.5 80.5 82.5 84.2 84.7 57.8 57.9 57.2 52.2 54.0 54.6 55.1 54.3 34.3 34.8 35.9 35.4 13.1 13.5 13.7 14.0 21.3 21.3 22.1 21.4 19.7 19.8 31.4 32.1 31.6 33.3 118.7 118.8 119.9 121.3 86.3 88.2 90.0 91.4 51.6 54.7 57.8 53.5 54.6 56.8 58.1 34.5 34.3 35.0 34.9 13.9 13.9 13.9 13.8 20.6 20.4 21.1 21.1 122.3 124.0 125.0 127.5 93.4 94.4 95.8 98.4 64.2 68.1 69.9 73.7 60.4 63.5 65.7 66.6 35.4 37.9 40.4 42.5 14.3 14.7 15.4 211.9 213.3 217.4 219.9 371.4 228.0 231.6 382.1 381.6 233.5 234.5 234.2 381.7 390.1 12.9 13.3 13.9 14.6 14.9 15.2 15.0 16.1 378.5 376.6 23.6 23.4 22.6 21.7 7.9 7.9 8.3 8.4 314.4 376.4 376.9 36.5 36.7 36.5 36.3 22.8 23.2 23.3 24.5 276.0 285.3 302.8 351.7 7.5 85 7.7 8.3 33.2 33.6 35.6 39.6 265.7 352.5 358.7 18.3 19.4 19.4 17.6 33.6 32.4 32.9 41.2 236.4 239.1 241.4 246.0 515 125 155 -5.3 -1.5 -4.9 2.1 2.9 4.3 4.9 -1.5 5.6 5.1 GDP 9.7 49.4 50.5 51.7 52.6 16.3 16.1 15.0 GNP 10.3 11.0 11.8 34.6 386 uct 345 6.5 7.3 8.4 6.3 268.1 local 28.8 27.1 26.9 5.7 8.6 5.9 4.5 245.1 ealae Sales nf Ul domestic prod- 43.9 39.0 38.1 38.7 5.9 7.4 8.7 9.3 7.3 8.6 Federal 6.6 7.0 7.0 7.3 10.8 13.0 333 po Total 15.4 13.6 6.2 7.4 7.9 7.9 237.4 240.9 344.0 348.4 PDE xpo Hantial Genual 13.6 16.1 18.7 20.9 228.6 232.8 337.1 tures Net CBI 19.4 23.5 27.4 30.2 210.4 218.5 329.5 ouUC- and State Nonresidential Total Percent change from preceding period Final Fixed investment -1.1 -.8 13.0 145 285 545 606 204.7 209.9 2228 228.3 3225 353.1 211.1 2195 229.4 233.6 268.1 269.4 266.9 316.1 -.3 .6 5.1 9.1 -.6 2.2 3.7 7.1 405.5 13.8 413.8 8.6 8.5 6.4 9.4 7.7 9.1 3.6 2.5 5.4 4.6 8.3 3.1 8.3 4.6 9.6 8.0 1.6 6.6 -.3 25.0 25.6 1.0 -.3 .6 .1 17.2 16.8 18.1 18.3 165 24.2 3.7 4.6 45 7.1 17.1 17.4 18.1 85.6 86.2 87.8 86.9 54.7 54.8 55.9 54.4 30.9 31.5 31.9 32.5 23.7 23.9 23.5 23.0 6.6 3.7 3.7 2.5 .3 1.8 2.5 4.4 19.3 20.8 21.7 23.0 18.9 19.0 19.3 18.5 88.4 91.6 91.7 94.5 54.8 57.1 56.5 58.6 33.6 34.5 35.2 36.0 2.3 2.6 3.0 4.7 4.0 3.9 3.3 24.8 24.3 23.6 22.9 20.1 20.3 19.8 19.6 98.3 98.5 100.0 102.4 61.0 60.4 61.1 62.6 37.3 38.1 38.8 39.8 454.9 456.3 463.4 465.9 460.4 462.4 469.7 464.3 -4.0 85 15 6.3 2.3 20.4 20.4 20.5 20.5 19.5 20.1 19.7 20.8 102.0 105.7 107.0 109.8 61.2 64.0 64.1 66.0 40.8 41.8 42.9 43.8 458.0 462.6 470.3 480.0 456.8 -6.4 -6.6 461.2 3.8 474.5 487.9 12.3 11.8 4.0 6.8 8.5 44.7 44.9 44.9 44.8 491.9 501.5 499.0 9.5 10.3 512.0 512.5 516.9 10.9 8.0 6.4 .1 516.0 530.3 5295 5325 527.3 10.9 15.3 15.5 461.6 290.9 134.5 135.8 139.2 138.9 107.5 108.9 110.5 112.9 71.9 71.9 73.4 65.1 69.6 69.3 70.4 69.4 47.0 47.1 48.4 47.5 18.8 19.0 19.1 18.9 285 IV .. 40.3 39.8 39.4 39.1 28.1 29.3 28.6 22.6 22.2 22.0 21.9 1958: 1 .... II .... 454.0 458.3 37.1 36.3 37.0 38.3 139.5 140.8 142.8 143.9 113.9 116.4 118.9 120.3 60.5 58.7 65.5 73.2 64.6 63.0 63.9 68.0 43.6 42.0 41.4 43.0 18.1 17.6 17.3 17.6 25.5 24.4 24.1 25.5 20.9 21.0 22.5 24.9 ^.0 1.5 5.2 1.0 .4 .7 -.4 41.5 43.2 44.1 41.8 146.1 147.7 149.3 150.9 122.8 125.5 128.4 131.1 76.7 82.7 76.3 79.4 72.3 74.9 76.1 75.1 44.5 46.1 47.8 47.6 17.4 18.0 18.6 18.5 27.1 28.1 29.1 29.1 27.8 28.8 28.3 27.5 4.4 7.8 .2 4.3 -1.7 -2.5 -1.1 -1.4 19.7 20.0 21.8 21.1 21.4 22.5 22.9 22.5 110.9 112.6 112.6 111.9 665 435 150.8 153.6 153.0 153.9 133.3 135.5 136.5 138.7 89.1 79.4 78.4 68.1 77.8 76.3 74.2 73.8 49.4 50.2 48.9 48.5 19.4 19.5 19.4 20.0 30.1 30.7 29.5 28.4 28.4 26.1 25.3 25.3 11.3 .9 1.7 3.0 4.0 24.2 23.3 23.5 22.9 21.7 110.0 111.8 114.5 116.7 64.0 64.5 66.2 67.7 46.0 47.3 49.0 523.0 524.8 529.6 26.1 117.8 119.7 121.0 124.9 67.1 68.7 69.3 71.3 50.8 50.9 51.7 53.6 530.7 537.3 542.9 556.6 531.8 26.1 26.8 21.7 21.9 23.3 23.9 579.0 586.9 275 255 -4.3 431.0 435.9 446.0 451.1 IV .... 485.2 290.5 293.5 298.6 302.5 1959: 1 || Ill . IV .... 496.3 509.3 509.6 310.4 316.4 321.7 513.8 323.8 1960: 1 II HI IV .... 527.3 327.3 333.2 529.0 523.9 333.1 335.0 44.1 43.6 42.4 1961: 1 || Ill IV .... 528.1 335.7 340.6 343.5 350.7 39.9 40.9 42.1 44.2 155.2 156.0 156.5 158.6 140.6 143.7 144.9 147.9 70.1 75.4 82.2 84.0 72.7 73.8 75.5 78.0 47.4 48.3 48.6 50.2 19.9 19.6 19.7 19.6 27.5 28.7 28.9 30.6 25.3 25.5 26.9 27.8 -2.6 1.6 6.7 6.0 4.4 3.3 2.8 2.9 1962: 1 || HI IV .... 575.3 582.8 589.9 592.9 355.3 45.2 46.4 46.9 48.9 160.6 161.9 163.4 165.3 149.5 152.9 155.0 157.5 89.3 87.9 89.1 85.4 79.8 82.2 82.9 82.4 51.4 53.0 53.7 53.2 20.0 20.8 21.4 20.9 31.4 32.2 32.3 32.3 28.4 9.5 5.6 6.2 3.1 2.3 3.2 2.9 1.5 26.6 28.1 28.0 27.0 24.3 24.9 25.1 25.6 128.4 130.4 132.6 134.3 74.5 75.9 77.3 78.1 53.9 54.5 55.3 56.2 565.8 583.7 589.8 594,1 1963: 1 || Ill IV .... 602.2 375.1 158.8 161.1 165.0 168.0 90.3 91.8 94.7 96.6 83.3 86.9 88.8 91.8 53.1 54.7 56.3 58.1 20.2 21.2 21.4 21.9 32.9 33.5 34.9 36.2 305 325 7.0 4.9 5.9 4.8 2.0 3.7 3.1 4.4 27.2 29.6 29.8 31.1 25.2 25.9 26.7 26.8 134.7 135.9 139.5 140.7 76.9 77.3 79.1 79.0 595.1 606.8 379.4 386.4 166.3 167.0 169.4 169.9 57.8 610.9 50.0 51.3 52.0 53.1 58J 606.0 615.3 60.4 61.7 617.8 627.9 628.2 637.5 555 174.1 177.3 181.0 182.3 171.2 174.4 177.7 181.1 100.6 100.4 101.5 104.4 95.0 95.6 97.2 99.0 59.6 61.4 63.5 65.2 22.4 23.4 24.3 24.8 37.2 38.0 39.3 40.3 35.4 5.6 4.8 4.3 5.4 5.9 4.9 5.4 5.7 329 35.0 27.0 27.7 28.4 29.3 142.4 144.8 145.1 145.3 79.4 80.1 79.4 78.6 62.9 64.6 65.7 66.7 643.8 653.6 664.9 669.7 185.0 188.7 192.6 183.7 187.4 191.0 195.7 115.8 115.8 119.1 121.3 103.5 106.6 109.6 113.4 69.7 72.4 75.3 78.9 26.1 43.5 44.3 46.8 48.5 33.9 34.2 34.3 34.5 12.3 3.0 4.7 3.7 4.1 31.5 36.3 35.7 38.0 28.5 31.7 32.0 i 33.9 146.2 149.9 155.0 - 160.9 78.3 79.9 82.4 86.5 67.9 70.1 72.7 74.3 IV .... 675.1 1965: 1 II Ill IV .... 695.6 708.2 725.0 747.7 430.6 437.8 447.2 461.5 See footnotes at end of table. 56.6 58.4 56.4 61.9 61.7 63.6 65.9 200.0 285 28.5 30.4 4.0 21.1 23.1 25.0 26.3 165 282.3 284.5 417.1 419.8 1.9 -5.1 457.2 459.0 466.4 in 13.1 24.7 -.4 .2 .5 1.1 1957: 1 II .... 391.1 145 26.6 16.3 -1.9 -3.4 -2.1 25.4 25.9 26.8 400.5 408.3 5.1 -2.2 17.4 18.0 18.6 18.7 649.4 658.4 669.2 1.5 16.5 19.0 20.3 21.8 23.2 42.8 43.9 45.4 45.9 1964: 1 || -3.6 9.4 4.4 .7 -.6 66.6 67.8 68.9 69.0 623.7 632.8 -3.5 18.9 -1.4 73.1 71.5 72.6 71.5 371.7 .6 2.6 2.1 195 100.2 101.8 103.9 106.0 361.3 2.0 -7.4 -5.6 15.8 129.1 130.0 131.3 132.7 365.4 6.4 7.6 8.3 3.8 7.8 3.9 -.6 37.9 38.0 37.6 39.3 538.9 549.6 562.6. 9.5 11.3 10.2 8.7 15.0 267.2 269.7 272.8 278.0 526.1 9.1 10.0 3.8 3.4 25 265.6 471.8 17.0 3.9 8.5 -.9 426.4 289.1 16.3 3.8 .9 7.2 429.0 434.7 439.6 448.5 Ill 8.3 5.9 7.3 15.6 11.8 1956: 1 II HI IV .... 165 26.9 10.3 9.5 8.4 5.3 36.5 38.8 40.6 39.6 261.5 ioS 28.0 402.9 411.3 419.8 7.4 20.7 1955: 1 II HI IV .... 252.2 257.2 i'6.3 19.8 Final sales of domestic product 295 29.2 29.1 32.5 33.7 345 33.7 33.8 -4.2 3.1 4.2 -5.7 9.2 9.5 7.8 255 25.9 25.8 255 32.6 339 67.8 67.7 67.1 485 509.4 509.5 .2 3.3 -.9 25 -3.8 5.2 5.6 1.4 3.7 3.3 8.4 8.1 9.9 10.5 9.3 5.3 5.0 2.0 6.8 8.3 4.6 4.2 6.4 5.9 8.7 5.9 3.7 7.5 8.0 6.7 654.5 663.4 674.3 679.9 10.9 10.5 5.7 6.7 3.6 65 7.1 3.0 683.4 699.0 7015 713.9 12.7 715.5 730.4 752.6 7.4 9.9 8.4 9.5 9.8 13.1 14.3 577.1 739.9 542.4 553.2 566.3 597.7 .9 5.1 4.2 SURVEY OF CURRENT BUSINESS 15O • August 1997 Table 1.—Gross Domestic Product—Continued [Billions of dollars; quarterly data are seasonally adjusted at annual rates] Personal consumption expenditures Government2 Net exports1 Gross private domestic investment Fixed investment Year and quarter GDP Total Durable goods Non- durable goods Can; oervices Total Nonresidential Total Total Structures PDE Residential CBI Total Exports Net 117.0 117.4 117.3 114.9 822 842 31.1 31.2 31.9 31.2 51.1 53.0 53.4 54.5 34.8 33.2 31.9 29.2 13.5 12.5 12.2 17.0 3.2 2.0 .8 1.5 38.2 38.2 39.0 40.4 35.0 36.2 85.3 85.7 127.7 123.0 128.5 133.0 112.7 31.7 30.9 31.5 32.0 52.7 53.6 28.3 31.6 33.4 36.0 15.0 118.1 123.3 84.3 84.5 84.7 87.2 2.3 2.1 1.1 2 41.7 41.1 40.7 41.9 234.3 240.9 246.3 251.9 135.7 141.9 138.7 143.5 127.5 128.0 130.7 137.0 90.6 89.9 91.8 96.0 33.1 432 34.8 57.6 56.7 58.6 61.3 246.4 251.1 255.2 259.9 256.9 262.4 267.9 275.0 154.7 154.4 159.0 152.0 142.7 144.8 148.3 99.5 35.8 36.7 38.9 39.4 63.7 64.7 66.1 66.2 432 12.0 43.4 43.2 40.7 10.7 84.9 86.0 86.9 82.1 266.2 269.8 273.7 278.4 281.4 286.8 294.6 301.6 148.5 151.1 153.8 147.6 146.5 146.5 148.6 150.6 105.8 107.1 39.5 40.3 40.6 40.8 66.4 66.8 67.6 64.9 40.7 39.4 40.4 45.0 92.7 95.5 97.8 308.6 316.1 323.7 332.1 169.3 177.1 181.1 176.6 156.8 165.7 170.7 176.8 1082 101.5 280.3 284.1 286.7 291.0 111.1 112.4 115.3 41.5 42.3 43.1 43.8 66.7 68.8 69.3 71.5 48.6 54.6 58.3 61.5 104.9 108.1 111.4 117.0 295.9 304.3 311.5 320.5 341.1 347.5 355.2 365.3 191.8 204.2 209.8 216.8 187.2 191.7 195.8 208.1 120.6 123.5 126.3 133.8 45.8 46.6 47.3 49.0 74.9 76.9 78.9 84.9 66.6 68.2 69.6 74.3 12.4 14.0 1,337.5 1,369.4. 1,391.4 1,432.3 827.2 - 125.2 124.1 842.1 860.8 123.8 121.1 876.1 330.3 337.0 347.6 357.4 371.6 381.0 389.4 397.6 232.9 242.4 240.3 255.8 219.0 224.7 228.7 229.1 141.2 149.0 153.7 156.4 51.3 54.1 56.8 57.7 89.9 94.9 96.8 98.6 77.9 75.8 75.0 72.7 13.9 17.6 11.6 26.7 1974: 1 , || Ill IV .... 1,446.5 1,482.5 1,511.7 1,546.8 894.4 922.4 950.1 957.8 118.9 123.0 128.8 118.6 369.1 380.3 391.7 396.7 406.3 419.1 429.7 442.4 241.2 247.5 242.8 251.0 228.0 159.0 163.7 168.5 171.0 59.0 61.3 61.4 63.2 100.0 102.3 107.1 107.8 69.0 67.5 67.4 60.0 132 235.9 231.0 20.0 1975:1 982.7 1,012.4 1,046.3 1,075.1 123.2 128.3 138.0 144.4 404.4 415.5 427.7 435.0 455.1 468.6 480.6 495.7 212.2 HI ] IV .... 1,560.3 1,597.8 1,657.1 1,707.3 234.3 243.7 223.9 225.9 234.4 242.6 166.3 166.0 169.7 173.9 61.7 60.4 61.3 62.0 104.6 105.6 108.4 111.8 57.7 59.9 64.6 68.7 -11.7 -14.7 0 1.2 1976:1 || Ill IV .... 1,767.3 1,797.9 1,830.4 1,880.3 1,110.2 1,130.2 1,159.8 1,195.0 154.1 156.3 159.6 165.3 445.3 452.6 462.4 472.4 510.7 521.4 537.7 557.3 271.3 285.8 289.5 299.8 2552 264.0 270.4 288.9 179.1 183.4 189.8 196.4 64.1 65.1 66.7 67.8 115.0 118.3 123.1 128.6 76.2 80.7 80.6 92.5 16.0 21.8 19.1 10.9 -1.1 -5.0 1977:1 II Ill IV .... 1,934.4 2,005.1 2,063.2 2,104.7 1,230.7 1,259.1 1,290.3 1,328.1 173.6 178.7 183.0 189.0 483.7 492.0 498.5 513.5 573.4 588.3 608.8 625.5 321.3 3532 373.8 378.0 306.4 330.2 341.8 355.7 208.8 218.5 226.8 238.8 69.7 73.6 76.4 78.5 139.1 144.8 150.4 160.3 97.6 111.7 115.0 116.9 1978: 1 || Ill ..... IV .... 2,147.7 2,273.7 2,333.9 2,410.2 1,358.3 1,417.4 1,450.6 1,488.7 186.8 204.4 204.8 209.8 524.1 542.6 558.1 574.9 647.5 670.4 687.7 704.0 392.9 425.6 443.5 461.2 364.8 398.8 417.1 433.9 243.8 268.2 281.3 294.8 792 102.0 164.5 179.6 185.6 192.8 1979: 1 II Ill IV .... 2,464.5 2,522.3 2,592.8 2,650.4 1,529.3 1,563.9 1,617.4 1,663.5 211.1 209.9 218.4 216.3 593.5 610.1 635.3 657.1 724.7 743.9 763.7 790.1 471.1 482.4 486.4 483.5 446.8 455.1 474.9 479.2 308.2 314.2 331.4 338.0 104.8 110.0 119.1 125.7 203.4 204.3 1980: 1 , || Ill IV .... 2,722.3 2,719.4 2,783.4 2,911.8 1,713.1 1,716.9 1,774.9 1,836.8 219.4 212.4 223.0 679.2 686.0 698.9 717.8 814.5 831.7 863.6 895.9 493.0 449.8 430.8 490.1 484.6 450.1 464.6 494.8 350.0 338.9 348.7 363.5 1981: 1 II Ill IV .... 3,040.2 3,070.3 3,167.7 3,185.5 1,890.3 1,923.5 1,967.4 1,983.9 232.6 227.4 238.4 223.6 745.1 755.5 762.5 769.5 912.6 940.6 966.6 990.8 549.9 534.7 576.1 564.1 511.6 525.3 533.6 541.8 1982: 1 || Ill IV .... 3,178.6 3,231.6 3,259.1 3,299.1 2,021.4 2,046.1 2,091.1 2,148.7 233.2 235.6 238.1 250.1 775.5 777.8 792.2 801.9 1,012.8 1,032.7 1,060.8 1,096.7 511.1 514.1 509.3 469.8 1983: 1 || Ill IV .... 3,361.0 3,469.2 3,563.3 3,664.6 2,185.0 2,257.2 2,316.8 2,374.7 254.6 274.7 286.8 303.3 805.3 823.1 841.4 851.1 1,125.1 1,159.4 1,188.5 1,220.2 1984: 1 ...... || III ..... IV .... 3,791.1 3,879.7 3,942.2 3,996.7 2,422.5 2,475.6 2,510.5 2,560.6 315.0 324.4 324.9 336.0 865.4 882.7 888.6 897.5 1985: 1 ...... II III ..... IV .... 4,081.2 4.134.8 4,221.4 4,285.3 2,623.8 2,673.4 2,742.3 2,779.6 349.8 354.4 376.8 363.2 909.3 923.0 931.7 946.3 1966:1 II HI IV .... 770.5 780.0 793.6 807.1 472.0 68.9 66.3 68.8 69.1 204.3 208.0 211.0 211.7 198.7 202.8 206.6 211.2 130.5 477.1 486.4 492.0 1967: 1 lll'Z IV .... 817.5 823.3 838.9 854.7 496.8 506.2 513.7 521.2 67.6 71.0 71.1 72.0 213.9 215.6 218.0 220.9 215.3 219.6 224.5 228.3 1968:1 II Ill IV .... 880.5 904.9 920.1 936.8 539.5 553.2 569.1 577.5 77.1 79.1 83.3 83.6 228.1 233.3 239.4 242.0 1969: 1 II Ill IV .... 960.0 974.1 993.6 1,001.0 588.8 599.4 609.2 621.1 85.5 85.9 86.1 86.2 1970: I || Ill IV .... 1,013.9 1,029.5 1,047.8 1,051.3 632.4 642.7 655.2 662.1 1971: I II Ill IV .... 1,096.8 1,117.7 1,137.3 1,149.8 681.6 695.8 708.2 724.5 1972: 1 ,.;... II HI IV .... 1,190.2 1,224.4 1,247.8 1,286.8 741.9 759.9 778.1 802.9 1973:1 II HI IV .... See footnotes it end of table. 1992 129.9 129.4 132.0 1162 1462 101.4 105.1 105.6 1082 105.7 332 332 532 55.3 36.9 382 38.9 40.9 6.8 10.4 9.7 8.1 13.9 8.0 6.6 -1.2 -.6 -1.3 -1.9 State and local 76.3 757.0 38.8 80.2 83.3 767.5 781.4 790.1 775.6 7852 798.6 812.5 39.4 39.0 39.5 41.7 190.8 191.9 195.6 200.3 105.1 105.0 107.0 109.1 85.6 87.0 88.6 802.5 816.5 828.5 845.0 822.8 828.4 844.7 860.4 206.6 210.4 213.6 217.7 112.4 113.1 114.2 115.5 872.4 891.0 912.1 9302 886.4 911.0 926.4 943.1 12.6 11.5 462 44.4 45.4 48.2 48.2 43.8 52.7 52.4 53.1 218.4 222.0 226.7 227.8 114.1 114.8 117.6 116.7 104.3 966.4 980.3 999.6 1,007.1 10.3 44.8 47.0 782 912 942 97.3 99.5 102.3 8.8 9.8 8.2 6.0 8.3 3.0 7.9 7.1 7.9 5.1 52 6.3 7.3 1.4 6.9 5.3 7.1 4.6 111.1 54.7 57.6 57.3 58.3 53.5 55.2 56.4 57.9 231.8 233.4 237.9 241.2 117.1 115.5 115.3 115.7 114.7 117.9 122.5 125.5 1,011.9 1,025.0 1,042.6 1,054.4 1,020.2 1,036.2 1,054.4 1,057.4 .8 59.5 59.5 62.4 56.0 58.7 63.3 65.5 61.9 245.1 248.7 251.1 254.6 116.2 116.8 117.3 117.8 128.8 131.9 133.8 136.8 1,084.3 1,106.3 1,126.9 1,150.0 1,1042 1,125.8 1,144.6 1,157.6 18.4 -3.8 -3.1 -6.0 -8.6 -8.3 -7.9 -7.1 63.5 63.1 66.2 72.1 722 2652 268.6 267.9 274.1 1252 71.4 74.1 79.2 127.3 123.1 124.7 140.0 141.3 144.7 149.4 1,185.6 1211.9 1,233.8 1,278.1 1,198.5 1,232.6 1,256.9 1,295.9 14.8 12.0 13.1 15.1 -4.4 -1.1 81.0 88.3 94.3 281.8 286.0 287.1 295.6 128.3 129.1 126.0 129.6 153.5 157.0 161.1 166.1 1,323.6 1,3517 1,379.8 1,405.6 1,348.3 1,381.1 1,405.4 1,446.7 16.7 15.0 103.4 85.4 89.5 91.1 98.7 -22 114.6 123.8 124.5 134.4 110.3 129.4 133.6 136.6 172.9 181.0 187.1 192.3 1,433.3 1,4662 1,504.9 1,526.8 1,463.7 1,499.1 1,527.2 1,560.3 13.1 16.6 11.6 12.9 138.0 131.8 133.7 141.7 124.9 1,572.0 1,609.7 1,670.3 1,723.5 -3.1 12.4 11.4 10.4 -2 4.6 8.7 3.2 4.7 4.3 201.8 204.6 122.1 128.7 215.9 1,572.1 1,612.5 1,657.1 1,706.1 -72 143.1 146.0 150.9 155.4 138.9 147.1 155.8 162.7 381.7 383.0 386.0 392.8 159.3 160.8 163.1 167.7 222.3 2222 222.9 225.0 1,751.3 1,776.1 1,811.3 1,869.4 14.9 23.0 32.0 22.3 -21.6 -21.7 -21.1 -30.3 154.8 161.3 161.8 157.1 176.4 183.0 182.9 187.4 403.9 414.6 4202 428.9 172.7 177.8 179.5 183.7 231.2 236.8 240.7 2452 121.1 130.5 135.8 139.1 28.1 26.9 26.4 27.4 -39.3 -23.3 -24.6 -17.3 164.0 185.6 190.5 204.5 203.3 208.8 215.1 221.8 435.8 453.9 464.4 477.5 186.3 192.5 196.1 202.9 2122 138.6 140.9 143.5 24.3 27.3 11.6 212.3 1412 4.3 -19.2 -23.4 -24.4 -29.0 210.7 219.7 232.9 251.5 229.8 243.1 257.3 280.5 483.3 499.3 513.4 532.3 130.3 129.8 133.6 141.9 219.7 209.1 215.1 221.6 134.5 8.4 -.3 -33.8 -37.2 -16.7 3.3 -4.1 -8.9 267.1 275.9 2825 290.3 304.3 292.6 279.2 2992 379.7 396.4 413.4 432.2 147.5 158.3 166.8 185.7 232.1 238.1 246.6 246.5 132.0 128.9 120.2 109.6 38.3 42.5 22.4 -17.0 -16.4 -10.2 -16.3 302.8 305.5 299.7 303.2 531.5 517.8 505.0 507.9 426.7 415.0 402.6 395.1 183.8 179.6 170.4 104.8 102.8 102.3 112.8 -20.4 -17.2 1662 242.9 235.4 2322 228.9 481.3 526.0 561.7 619.4 514.6 534.0 563.4 596.0 383.7 385.8 400.9 427.4 156.7 147.8 151.0 155.5 227.0 238.0 249.9 272.0 1,242.0 1,268.5 1,297.1 1,327.0 695.6 616.0 645.4 659.3 671.6 440.4 464.0 478.4 490.3 164.5 174.4 181.0 1,364.7 1,395.9 1,433.8 1,470.1 705.6 680.0 686.9 685.8 702.8 496.6 504.1 4982 508.9 706.3 7372 13.6 .1 150.5 153.0 154.7 159.7 7112 6.4 7.2 6.0 82 1.1 2.4 .9 .4 352.3 357.7 364.9 375.5 731.7 718.8 6.9 7.5 4.5 5.8 140.9 147.8 7162 52 2.8 7.8 7.8 9.6 5.7 7.4 2.0 4.6 52 1072 1092 1372 115.9 131.3 5.0 7.1 7.0 948.1 964.5 982.9 995.2 -1.9 -1.8 -1.3 133.7 1112 12.7 Final sales of domestic product 41.9 50.9 51.0 53.2 9.7 328.0 340.1 88.6 95.8 GDP 88.5 92.9 96.7 98.4 306.6 2112 GNP uct 3182 2312 Percent change from Drecedino period 171.1 176.9 181.6 382 164.8 Federal Final sales of domes- 16.3 6.9 9.4 -5.6 -9.1 42 7.9 72 4.5 7.9 9.9 6.6 12.3 4.0 10.3 8.4 7.7 8.4 13.0 9.2 7.4 8.8 8.6 7.7 8.1 9.5 8.1 9.6 11.0 3.5 10.0 15.7 12.7 12.4 10.7 11.5 12.4 1,783.3 1,814.8 1,847.8 1,898.5 14.8 11.0 11.4 13.5 1,919.4 1,982.1 2,031.3 2,082.5 1,955.5 2,0262 2,084.5 2,123.9 12.0 15.5 12.1 11.1 13.7 10.3 10.5 249.5 261.4 268.3 274.6 2,119.6 2,246.8 2,307.5 2,382.8 2,170.1 2,292.8 2,355.3 2,435.5 206.5 212.0 216.0 225.6 276.8 287.3 297.4 306.6 2,4402 2,495.0 2,581.2 2,646.1 2,491.1 2,552.7 2,629.9 2,687.8 553.4 569.5 574.5 593.8 236.3 247.8 248.5 261.1 317.1 321.7 3259 332.8 2,713.9 2,719.8 2,817.2 2,916.5 2,7612 2,756.2 2,819.0 2,941.7 11.3 19.8 15.1 14.9 319.7 322.0 309.9 319.4 616.9 628.5 634.4 653.7 271.3 282.8 285.4 296.9 345.6 345.7 348.9 356.8 3,001.9 3,060.8 3,1252 3,163.1 3,073.6 3,102.4 3,202.1 3,224.4 18.8 12.2 1152 2102 7.1 7.4 8.3 8.4 25.6 11.0 13.7 9.3 9.7 11.7 9.2 -.4 9.7 4.0 13.3 2.3 -3.8 -5.0 4.3 -38.1 -30.3 -29.7 292.3 2942 279.0 265.1 309.5 299.1 309.3 294.9 663.4 676.3 689.1 710.3 301.5 307.6 314.8 328.9 361.9 368.7 374.3 381.4 3,199.1 3,235.3 3,254.8 3,3372 3,210.0 3,267.1 3,288.4 3,327.3 -.9 6.8 3.5 5.0 130.9 148.2 162.6 168.5 •43.3 -24.6 -45.5 -65.2 -71.3 270.6 272.5 2782 286.7 295.3 318.0 343.4 358.0 719.4 731.5 750.0 741.9 334.5 343.8 355.5 344.0 384.8 387.7 394.5 397.9 3,394.3 3,477.2 3,565.0 3,6412 3,389.7 3,500.8 3,5962 3,699.5 7.7 175.6 181.4 180.8 181.3 79.5 70.7 72.4 1842 275.9 289.6 297.5 306.1 472 -94.3 -103.5 -103.1 -107.1 293.7 303.0 306.5 309.2 388.0 406.5 409.6 416.4 767.4 791.4 803.1 824.5 358.1 372.6 373.3 386.3 409.3 418.8 429.8 4382 3,711,6 3,808.9 3,869.8 3,949.5 3,822.7 3,911.9 3,974.5 4,025.0 193.5 194.1 191.0 194.6 303.1 310.0 3072 3T4.3 183.4 182.8 187.7 193.9 25.6 24.3 20.5 34.4 -91.4 -114.7 -1172 -133.6 305.9 303.9 297.0 305.3 397.3 418.6 843.1 864.8 890.0 902.1 3952 404.4 418.6 4222 448.0 460.4 471.4 479.9 4,055.6 4,110.5 4201.0 4,250.9 4,101.3 4,158.1 4,238.4 ttM -8.0 -1.7 23.4 11.8 4142 438.9 13.5 11.3 11.9 14.5 5.9 5.8 8.2 7.3 26.3 11.2 13.7 10.0 9.3 14.6 10.4 10.7 .9 8.1 8.7 4.9 4.6 4.6 2.4 10.5 7.0 10.1 10.5 8.8 8.0 9.7 6.6 5.6 10.9 8.7 5.4 8.7 6.2 112 5.5 9.1 4.8 6.5 8.5 SURVEY OF CURRENT BUSINESS August 2997 Table 1.—Gross Domestic Product—Continued [Billions of dollars; quarterly data are seasonally adjusted at annual rates]. Personal consumption expenditures Net exports1 . Gross private domestic investment Year and quarter GDP Total WonDurable durable goods goods Services Presidential Total fotol Total 1986: 1 II Ill IV .... 1987:1 , II .. . Ill IV .... 1988: 1 II Ill IV .... 1989:1 II Ill IV .... 1990: 1 II Ill IV .... 1991: 1 II Ill IV .... 4,358.2 4,385.6 4,443.3 4,501.7 2,823.3 2,855.6 2,926.2 2,965.6 4,565.7 3,002.4 4,645.1 3,070.0 4,722.6 3,134.2 4,835.9 3,171.3 4,898.2 3,247.1 5,000.4 3,310.2 5,094.5 3,382.3 5,205.3 3,459.2 370.3 384.7 422.0 417.6 394.2 413.8 434.7 424.1 444.2 448.2 447.1 464.5 3,506.1 3,569.7 3,627.3 3,676.1 5,660.6 3,759.2 5,750.8 3,811.8 5,782.2 3,879.2 5,781.7 3,907.0 5,821.9 3,910.7 5,892.5 3,961.0 5,950.2 4,001.6 6,002.1 4,027.1 462.5 472.5 484.6 471.7 5,316.8 5,413.2 5,486.9 5,537.8 Structures PDE Residential PRI J956.1 949.4 955.6 967.8 1,496.9 1,521.5 1,548.7 1,580.2 752.1 729.7 699.4 708.9 707.0 710.9 712.6 721.1 502.4 492.6 488.6 495.6 190.9 173.9 168.3 170.1 311.5 318.7 320.3 325.5 204.5 218.3 224.1 225.6 45.1 18.8 -132 -12.2 992.9 1,010.4 1,020.7 1,031.9 1,045.4 1,067.8 1,094.0 1,117.1 1,615.2 1,645.8 1,678.9 1,715.3 1,757.5 1,794.2 1,841.2 1,877.6 1,911.4 1,937.6 1,969.1 2,014.5 2,045.3 2,104.1 2,149.8 2,171.0 2,193.5 2,228.6 2,256.3 2,290.7 729.6 732.3 734.0 792.8 756.5 767.3 776.5 795.5 705.3 719.3 732.0 735.1 744.3 760.9 766.8 780.3 :480.0 490.1 504.6 506.8 165.4 167.3 175.3. :180.3 314.6 '..'' 225.3 3228 .229.2 227.4 329.3 228.4 326.5 24.3 13.0 2.0 57.7 515.9 529.4 533.2 543.7 177.4 182.5 181.9 183.3 338.5 346.9 351.3 360.4 228.4 231.4 233.6 236.6 829.0 836.0 832.0 819.9 822.7 835.0 804.7 736.3 723.5 716.4 744.1 760.7 790.1 794.2 808.1 797.5 188.3 188.0 196.4 196.6 364.7 374.0 382.5 374.3 813.9 794.0 791.2 767.5 201.9 202.4 203.5 195.4 379.3 369.2 376.7 375.1 237.2 2322 229.1 226.6 232.7 222.4 210.9 196.9 739.7 736.2 738.6 739.5 553.0 562.0 579.0 570.9 581.2 571.6 580.3 570.6 555.4 550.2 544.3 539.2 192.3 187.6 176.1 170.8 363.1 362.6 368.2 368.4 2,350.4 2,393.3 2,420.1 2,473.9 755.2 790.7 799.7 816.1 755.4 780.5 788.1 809.7 544.1 556.8 561.0 569.6 171.6 170.4 167.6 167.1 2,504.6 2,537.6 2,577.4 2,613.8 2,649.0 2,692.2 2,727.8 2,767.2 854.3 857.4 872.8 920.3 963.4 1,017.9 1,007.1 1,043.1 823.5 842.9 858.8 897.5 911.0 941.7 956.9 977.0 580.5 598.8 606.4 630.6 634.6 652.9 667.4 687.5 171.7 1752 177.8 180.7 493.3 477.6 473.2 461.9 1,132.3 1,159.6 1,173.6 1,189.8 1,220.7 1,2302 1,256.2 1,274.1 449.0 452.7 462.0 457.3 1,268.3 1,279.7 1,283.4 1,279.0 Net 12.2 6.4 9.7 15.2 -126.9 -128.8 -138.0 -132.3 -139.4 -144.7 -142.4 -142.0 -120.9 -103.3 -95.8 -104.2 38.8 41.8 23.9 22.4 Exoorts Percent change from preceding period Government* Fixed investment Total Federal State and . local Rnal sales of domes- GNP GDP uct Final sales of domestic product 7.0 2.5 5.4 5.4 6.0 5.1 8.5 52 5.8 7.1 6.8 9.9 2.5 82 7.9 5.0 5.3 8;6 7.7 9.0 9.3 9.T 7.5 8.5 8.8 7.5 5.6 3.8 6.9 7.3 7.0 3.9 5,681.6 5,767.6 5,796.6 5,813.8 9.2 6.5 2.2 0 10.3 4.2 4.2 3.1 5,848.8 5,904,7 5,959.6 6,016.5 2.8 4.9 4.0 3.5 1.7 5.2 2.2 2.5 6,122.1 6,191.0 6260.1 6,376.6 6,138.3 6,2122 6,281.1 6,390.5 82 5.3 4.6 7.3 9.8 4.6 4.5 7.7 6,413.8 6,494.7 6,560.6 6,681.3 6,468.1 6,525.3 6,596.9 6,717.1 3.9 4.1 4.1 8.1 2.4 5.1 4.1 7.6 506.9 505.3 520.4 508.3 750.1 763.4 769.6 777.0 784.1 795.5 811.9 819.6 6,741.9 6,811.2 6,835.1 6,920.3 6,936.3 6,992.3 7,029.6 7,096.8 5.5 7.1 4.4 6.4 3.7 5.6 6.1 5.5 312.2 314.5 3205 335.4 439.1 443.4 458.5 467.7 909.7 929.1 955.7 959.5 418.6 43.L1 448.4 442.8 491.1 4,313.2 498.0 4,366.8 507.3 4,456.5 516.7 4,513.9 337.4 356.9 373.9 394.7 ,476.9 501.6 516.4 536.7 447.9 454.9 456,5 463.4 525.3 532.6 540.4 550.4 421.1 442.1 4562 469.3 542.0 545.4 552.0 573.5 9732 987.4 996.8 1,013.8 1,015.5 1,026.2 1,031.5 1,054.8 456.3 454.6 453.5 465.0 559.1 571.6 578.1 589.9 -83.7 -81.2 -79.3 -77.5 492.6 512.8 509.7 522.1 576.3 594.0 589.0 599.7 1,065.3 1,088.7 1,107.0 1,119.4 465.5 476.5 484.9 482.0 599.9 612.1 622.1 637.4 8.8 41.0 13.6 ^31.2 -74.3 -60.3 -78.5 -72.0 615.9 615.1 634.1 649.2 1,153.0 1,164.3 1,176.9 1210.4 496.4 500.1 501.2 516.7 184.3 185.9 194.3 200.3 -16.3 -19.8 5.5 21.3 -32.9 -12.3 -22.0 -14.8 541.6 554.8 555.5 577.3 577.4 602.7 602.6 624.4 610.3 615.0 624.5 639.3 1,220.6 1,227.4 1,226.5 1,229.2 525.6 528.2 520.9 515.5 cce c DOO.O 5,651.8 6642 5,709.8 675.7 5,768.7 693.7 5,812.9 695.0 5,838.2 6992 5,9122 705.5 5,944.7 713.6 5,980.9 372.5 386.3 393.4 402.5 211.3 223.7 227.1 240.1 -.2 102 11.6 6.5 -8.9 -29.0 -37.6 -42.7 641.3 664.9 677.8 691.8 1,247.9 1,256.4 1270.7 1,280.0 521.8 523.2 532.0 535.0 726.1 7332 738.7 745.1 243.0 244.1 252.4 266.8 30.7 14.5 14.0 22.9 -46.6 -57.5 -72.1 -66.6 693.7 718.7 718.9 746.0 276.4 288.7 289.5 289.5 52.4 76.3 50.2 66.2 -76.6 -87.9 -103.4 -95.6 678.5 710.1 732.6 763.7 755.1 797.9 836.0 8592 1,271.5 1,2812 1285.3 1,295.5 1,291.0 1,300.8 1,332.3 1,328.0 521.3 517.8 515.7 518.5 175.4 185.2 186.8 190.7 406.9 423.6 428.6 449.9 459.3 467.7 480.6 496.8 632.4 635.9 6402 649.1 647.1 6612 646.8 679.4 4,376.6 4,3982 4,456.7 4,508.7 4,5732 4,655.6 4,731.4 4,844.9 4,886.0 4,914.2 4,993.9 5,013.5 . 5,084.8 5,105.3 -5,190.1 5,217.5 5,277.9 5,329.0 5,371.4 5,424.0 5,463.0 5,501.4 5,515.4 5,556.8 4,541.5 4,632.1 4,720.6 4,778.2 6,121.8 4,127.6 6,201.2 4,183.0 6,271.7 4,238.9 6,383.1 4,329.6 6,444.5 4,365.4 6,509.1 4,428.1 6,574.6 4,488.6 6,704.2 4,554.9 6,794.3 4,616.6 6,911.4 4,680.5 6,986.5 4,750.6 7,095.7 4,820.2 474.1 481.3 492.5 506.2 iv 7. 7,168.9 7,209.5 7,301.3 7,381.9 4,871.7 4,934.8 4,990.6 5,033.8 596.9 602.8 616.0 618.4 1,462.7 2,812.2 1,472.4 2,859.6 1,480.4 2,894.2 1,487.8 2,927.5 998.7 1,050.8 1,024.0 999.6 1 0288 1,009.4 1,049.1 1,024.6 710.9 722.5 725.4 733.1 197.7 201.1 202.8 200.7 513.2 521.4 5226 532.4 287.8 277.1 284.0 291.4 52.1 24.5 19.4 24.5 -98.3 -105.4 -80.4 -60.1 784.5 807.7 831.6 849.9 882.8 913.1 912.0 909.9 1,344.7 1,356.0 1,362.2 1,359.2 513.6 5112 512.9 500.6 831.1 844.8 849.3 858.6 7,116.8 7,185.0 7,281.8 7,357.4 7,175.1 7,220.6 7,298.3 7,388.5 42 2.3 5.2 4.5 5.1 3.9 5.5 4.2 1996: 1 II Ill IV .... 7,467.5 7,607.7 7,676.0 7,792.9 5,105.8 5,189.1 5,227.4 5,308.1 626.7 638.6 634.5 638.2 1,508.1 1,532.3 1,538.3 1,560.1 1,060.5 1,105.4 1,149.2 1,151.1 1,049.4 1,082.0 1,112.0 1,119.2 750.7 769.3 798.6 807.2 205.7 210.6 217.7 227.0 545.0 558.7 580.9 580.2 298.8 312.7 313.5 312.0 11.1 23.4 37.1 31.9 -83.0 -93.8 -114.0 -88.6 8502 865.0 863.7 904.6 9332 958.7 977.6 9932 1,3842 1,407.0 1,413.5 1,422.3 516.4 524.6 521.6 517.6 867.8 882.4 891.9 904.7 7,456.4 7,475.3 7,584.3 7,610.5 7,638.9 7,669.1 7,761.0 7,796.1 4.7 7.7 3.6 62 5.5 7.0 2.9 6.6 1992: I II , Ill IV .... 1993: 1 II Ill IV .... 1994: 1 II III IV .... 1995: 1 II iii 1,303.1 1,308.4 1,326.3 1,349.5 506.4 1,354.4 5242 1,366.3 537.2 1,373.9 553.1 1,388.0 563.2 1,404.4 572.4 1,416.0 583.3 1,439.5 599.3 1,453.7 2,970.9 3,018.2 3,054.6 3,109.8 1. Net exports of goods and services. 2. Government consumption expenditures and gross investment. GDP Gross domestic product CBI Change in business inventories GNP Gross national product PDE Producers' durable equipment SURVEY OF CURRENT BUSINESS August 1997 Table 2A.—Real Gross Domestic Product [Billions of chained (1992) dollars; quarterly data are seasonally adjusted at annual rates] Year and quarter -. GDP Personal consumption expenditures Gross private domestic in- Exports and imports of goods and services Exports Government' Imports 790.9 593.9 92.4 35.6 46.3 105.4 1930 1931 1932 1933 1934 719.7 674.0 584.3 577.3 641.1 562.1 544.9 496.1 484.8 519.0 59.8 37.6 29.4 40.3 24.4 19.1 352 292 1162 1212 16.4 31.5 192 30.4 31.1 1936 1936 1937 1938 1939 698.4 790.0 831.5 801.2 866.5 550.9 606.9 629.7 619.5 654.0 58.0 75.5 94.0 61.3 79.5 22.6 23.7 29.9 29.6 40.7 312 36.9 1940 1941 1942 1943 1944 941.2 1,101.8 1,308.9 1,523.0 1,644.7 688.0 737.1 719.7 739.5 761.0 111.3 137.3 35.4 36.4 23.9 19.9 21.4 37.8 46.5 1946 1946 1947 1948 1949 1,626.7 1,447.7 1,430.7 1,491.0 1,479.8 808.4 907.9 9262 946.4 9722 68.8 176.8 169.9 216.0 1950 1951 1952 1953 1954 1,611.3 1,734.0 1,798.7 1,881.4 1,868.2 1955 1956 1957 1958 1959 1929 Residual Percent change from preceding period Final sales of domestic product Gross domestic purchases Final sales to domestic purchasers 797.8 807.4 814.6 796.8 736.8 691.5 600.8 594.3 658.0 7612 637.9 618.6 675.1 725.4 678.5 588.0 580.3 643.7 9.9 GNP Final sales of domestic product GDP 117.1 112.8 127.3 -18.9 -28.7 -25.5 -27.0 7432 700.0 6202 600.7 657.5 131.3 152.5 147.0 157.8 171.6 -23.7 -28.4 -23.8 -31.8 -32.9 699.0 790.8 825.0 812.7 872.8 722.7 815.5 854.5 815.7 882.1 723.6 816.4 848.0 827.5 888.7 701.4 792.4 835.0 804.9 870.3 1742 -29.9 53.3 55.7 288.0 692.0 1,0322 1,158.5 -156.6 -2572 -292.7 930.1 1,077.7 1,308.3 1,5442 1,667.5 954.3 1,125.9 1,3532 1,5902 1,715.9 943.0 1,101.3 1,353.0 1,612.9 1,740.1 9442 1,105.9 1,312.7 1,526.3 1,6482 59.3 49.1 46.6 54.4 52.5 1,012.0 349.0 290.3 310.3 345.8 -233.5 1632 30.3 66.0 75.4 59.4 58.8 1,654.6 1,424.7 1,4502 1,475.7 1,509.0 1,685.6 1,437.4 1,403.7 1,497.5 1,484.8 1,715.0 1,413.5 1,423.4 1,481.7 1,514.6 1,629.3 1,452.0 1,437.0 1,498.8 1,486.8 -11.0 -12 42 -.8 -.8 -13.9 1.8 1.8 2.3 1,034.1 1,0492 1,082.4 1,135.0 1,158.9 234.1 2352 210.6 220.4 209.9 51.4 63.1 60.1 56.1 58.9 62.0 64.5 344.6 468.6 5662 6052 562.6 9.1 -17.6 -60.4 -58.5 ^9.1 1,595.4 1,705.5 1,797.5 1,886.9 1,890.9 1,638.9 1,750.5 1,827.0 1,923.9 1,902.8 1,622.9 1,721.6 1,825.9 1,929.8 1,9282 1,619.1 1,743.7 1,809.0 1,891.0 1,878.6 8.9 7.6 3.7 4.6 -.7 5.7 6.9 5.4 5.0 2 2,001.1 2,040.2 2,078.5 2,057.5 2,210.2 1242.6 1,2782 1,3082 1,318.8 1,394.6 261.9 257.9 246.1 224.5 271.7 65.1 75.9 82.5 71.2 71.9 81.8 88.4 92.1 96.5 541.3 542.8 566.8 585.3 618.5 -28.0 -26.2 -33.0 -45.8 -39.9 1,994.8 2,0382 2,089.4 2,072.6 2,206.9 2,039.2 2,071.5 2,105.6 2,1032 2,268.0 2,033.1 2,069.7 2,116.9 2,118.9 2,265.1 2,012.9 2,0532 2,092.4 2,0692 2,222.0 7.1 2.0 1.9 7.4 5.5 2.2 2.5 -.8 6.5 1960 1961 1962 1963 1964 2,262.9 2,314.3 2,454.8 2,559.4 2,708.4 1,432.6 1,461.5 1,533.8 1,596.6 1,692.3 270.5 267.6 302.1 321.6 348.3 86.8 88.3 93.0 100.0 113.3 617.2 647.2 686.0 701.9 715.9 -36.1 -43.0 -40.6 -38.0 2,2642 2,318.0 2,445.4 2,552.4 2,705.1 2,304.1 2,354.3 2,503.0 2,6042 2,745.9 2,305.7 2,3582 2,493.8 2,597.3 2,742.7 2,276.0 2,329.1 2,471.5 2,577.3 2,727.8 2.4 2.3 6.1 4.3 5.8 1965 1966 1967 1968 1969 2,881.1 3,069.2 3,147.2 3,293.9 3,393.6 1,799.1 1,902.0 1,958.6 2,0702 2,147.5 397.2 430.6 411.8 433.3 458.3 115.6 123.4 126.1 135.3 142.7 -25.4 202.5 214.0 737.6 804.6 865.6 892.4 887.5 -38.7 -34.8 -28.4 2,860.4 3,033.5 3,125.1 3,278.0 3,3772 2,932.1 3,134.0 3,221.1 3,382.7 3,485.6 2,9112 3,097.9 3,199.0 3,367.1 3,469.5 2,901.4 3,087.8 3,166.4 3,314.5 3,413.3 1970 1971 1972 1973 1974 3,397.6 3,510.0 3,702.3 3,916.3 3,891.2 2,197.8 2,279.5 2,415.9 2,532.6 2,514.7 426.1 474.9 531.8 595.5 546.5 158.1 172.0 209.6 229.8 223.1 235.0 261.0 272.6 265.3 866.8 851.0 854.1 848.4 862.9 -28.1 -19.6 -10.5 2.8 2.6 3,406.5 3,499.8 3,689.5 3,883.9 3,873.4 3,478.5 3,602.4 3,8062 3,989.3 3,928.6 3,488.3 3,592.6 3,793.8 3,956.8 3,910.8 1975 1976 1977 1978 1979 3,873.9 4,082.9 4,273.6 4,503.0 4,630.6 2,570.0 2,714.3 2,829.8 2,951.6 3,0202 446.6 537.4 622.1 693.4 709.7 2282 241.6 247.4 273.1 299.0 235.4 281.5 311.6 338.6 344.3 876.3 876.8 884.7 910.6 924.9 -11.8 3,906.4 4,061.7 4,240.8 4,464.4 4,614.4 3,875.9 4,124.6 4,345.7 4,574.9 4,674.6 1980 1981 1982 1983 1984 4,615.0 4,720.7 4,620.3 4,803.7 5,140.1 3,009.7 3,046.4 3,081.5 3,240.6 3,407.6 628.3 686.0 587.2 642.1 833.4 331.4 335.3 311.4 303.3 328.4 321.3 329.7 325.5 366.6 455.7 941.4 947.7 960.1 987.3 1,018.4 25.5 35.0 4,641.9 4,691.6 4,6512 4,821.2 5,061.6 1985 1986 1987 1988 1989 53235 5,487.7 5,649.5 5,865.2 6,062.0 3,566.5 3,708.7 3,822.3 3,972.7 4,064.6 823.8 811.8 821.5 8282 863.5 337.3 3622 402.0 465.8 5202 4852 526.1 5582 580.2 603.0 1,080.1 1,135.0 1,165.9 1,180.9 1,213.9 1990 1991 1992 1993 1994 6,136.3 6,079.4 6,244.4 6,389.6 6,610.7 4,132.2 4,105.8 4,219.8 4,343.6 4,486.0 815.0 738.1 790.4 863.6 975.7 564.4 599.9 639.4 658.2 712.4 626.3 6222 669.0 728.4 817.0 1995 1996 6,742.1 6,928.4 4,595.3 4,714.1 991.5 1,069.1 7912 890.1 971.5 .. 9.9 72.1 41.9 52.2 21.4 1592 857.0 402 45.3 352 422 702 76.8 73.0 106.6 108.1 107.3 119.5 122.7 1292 143.0 1642 1762 -7.5 -505 718.5 Gross domestic purchases Final sales to domestic purchasers -6.6 -5.6 -112 -3.0 -9.0 -€.4 -6.8 -5.8 -8.7 -6.1 -13.3 -11.4 -13.1 -1.2 11.0 -3.1 -1.1 10.7 8.9 13.1 5.2 -3.6 9.5 6.3 13.1 4.3 -1.5 9.8 12.8 4.8 -4.5 7.2 8.6 6.6 82 6.1 8.0 17.5 7.9 -3.6 8.1 8.5 17.1 18.7 16.3 16.8 22.9 192 7.9 8.0 -1.8 -1.4 -1.1 -14.7 -17.6 .7 4.1 22 -10.9 7.1 6.1 6.1 5.7 -2 8.9 7.7 3.7 4.5 -.7 72 1.6 1.6 -.1 7.8 5.6 1.8 2.3 .1 6.9 7.1 2.0 1.9 2.6 2.4 5.5 4.4 6.0 1.6 22 6.3 4.0 5.4 1.8 2.3 5.7 42 5.6 2.4 2.3 6.1 4.3 5.8 6.4 6.5 2.5 4.7 3.0 5.7 6.1 3.0 4.9 3.0 6.8 6.9 2.8 5.0 3.0 6.1 6.4 3.3 5.3 3.0 6.4 6.4 2.5 4.7 3.0 3,417.1 3,532.1 3,726.3 3,950.1 3,9302 .1 3.3 5.5 5.8 -.6 .9 2.7 5.4 5.3 -.3 -2 3.6 5.7 4.8 .5 3.0 5.6 4.3 .1 3.4 5.5 6.0 -.5 3,908.5 4,103.3 4,312.8 4,5362 4,6582 3,903.3 4,118.8 4,314.5 4,543.7 4,687.4 -.4 5.4 4.7 5.4 2.8 .9 4.0 4.4 5.3 3.4 -1.3 4,581.5 4,693.1 4,619.3 4,864.3 5,2762 4,607.8 4,664.0 4,649.7 4,881.6 5,197.7 4,670.8 4,769.9 4,662.0 4,844.8 5,178.0 -.3 2.3 -2.0 4.0 7.0 .6 1.1 -.9 3.7 5.0 -22 2.8 5,296.9 5,480.9 5,626.0 5,855.1 6,028.7 5,482.8 5,663.9 5,816.7 5,986.1 6,147.8 5,456.3 5,6572 5,793.4 5,976.1 6,114.5 5,346.7 5,5012 5,658.2 5,878.5 6,075.7 3.6 3.1 2.9 3.8 3.4 4.6 3.5 2.6 4.1 3.0 1,250.4 1,258.0 1,263.8 1,252.1 1,252.3 .6 -2 0 .5 1.3 6,126.7 6,082.6 6,237.4 6,368.9 6,5512 6,199.8 6,101.6 6,274.0 6,459.0 6,712.7 6,190.2 6,104.9 6267.0 6,438.3 6,6532 6,157.0 6,094.9 6,255.5 6,408.0 6,619.1 12 -.9 2.7 2.3 3.5 1.6 -.7 2.5 2.1 2.9 1,251.9 1,257.9 2.3 1.8 6,712.7 6,901.0 6,837.5 7,037.7 6,808.1 7,0102 6,748.7 6,932.0 2.0 2.8 2.5 2.8 -2.9 15.5 13.3 -7.7 -322 -272 -5.7 12 12.9 21.1 5.6 -3.0 8.0 1.0 -5.9 -4.0 -1.1 8.0 5.4 -2.4 7.4 18.0 9.0 13.0 3.9 8.1 202 -1.3 10.9 12.8 7.4 15.9 21.4 18.0 -9.0 -6.5 -13.3 9.1 8.1 17.1 18.8 16.3 GNP -1.0 -2.1 -2.3 6.7 -.8 10.4 6.8 4.4 5.3 -1.1 -1.5 6.4 5.4 5.3 22 2.4 -1.2 -.1 5.0 5.1 5.2 2.7 -1.1 5.3 8.5 1.2 -.3 5.0 6.5 3.9 3.3 2.7 2.9 2.7 5.0 3.7 2.4 32 2.3 -1.6 .8 -1.6 12 -1.4 4.3 -.8 -1.1 7.4 -.7 5.5 4.8 5.3 32 -.4 2.1 -2.3 3.9 6.9 3.3 2.9 2.9 3.9 3.4 1.3 -1.0 2.8 2.9 3.9 2.7 2.7 3.3 2.6 2.4 3.3 1.9 2.9 2.3 3.0 2.0 2.7 See footnotes at end of table. NOTE: Users of this table are cautioned that 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 column 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. -1.0 The large residuals illustrate the problems with calculating contributions to GDP or other aggregates from the chained (1992) dollar values. NIPA table 8.2 provides accurate estimates of the contributions to changes in real GDP; it is published monthly in the SURVEY OF CURRENT BUSINESS in the "BEA Current and Historical Data" section and is available online from STAT-USA or on diskette from BEA. 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 "BEA'S Chain Indexes, Time Series, and Measures of Long-Term Economic Growth" in the May SURVEY. SURVEY OF CURRENT BUSINESS August 1997 • 153 Table 2A,—Real Gross Domestic Product—Continued [Billions of chained (1992) dollars; quarterly data are seasonally adjusted at annual rates] Year and quarter GDP Personal consumption expenditures Gross private domestic investment Exports and imports of goods and services Exports Percent change from preceding period Government1 Residual Imports Final sales of domestic product Gross domestic purchases 1,432.0 1,447.0 1,460.7 1,461.1 13722 1,394.0 1,406.1 1,442.6 1 401 7 1,416.6 1,429.8 1,445.5 1 4086 1,430.9 1,443.7 1,464.8 1,465.6 1,473.8 1,475.3 1,488.0 1,470.4 1,502.1 1,506.6 1,510.8 1,461.5 1,481.4 1,484.3 1,499.7 1,494.1 1,513.3 1,512.1 1,516.5 1,479.8 1,473.8 1,495.5 1,490.3 1,541.2 1,5822 1,637.5 1,620.8 Final sales to domestic purchasers GNP Final sales of domestic product Gross domestic purchases Final sales to domestic purchasers 6.5 3.7 5.9 42 3.9 .1 6.5 3.5 10.8 4.3 3.8 4.5 6.5 3.6 6.0 1,481.6 1,501.8 1,504.9 1,506.8 4.5 5.4 .8 .5 1.3 2.2 .4 3.5 7.9 8.9 1.2 1.1 4.5 5.6 .8 4.2 4.7 5.5 .8 .5 1,494.0 1,513.7 1,517.4 1,533.4 1,487.6 1,481.3 1,497.6 1,480.7 -4.9 -1.6 1.6 5.2 -.3 1.2 -3.0 -1.6 1,557.6 1,607.0 1,680.7 1,710.3 1,560.9 1,604.9 1,674.3 1,651.5 1,544.8 1,591.5 1,652.7 1,687.2 18.4 12.6 15.9 6.7 19.3 13.3 19.7 1,721.1 1,742.2 1,768.6 1,770.0 1,692.7 1,691.5 1,738.4 1,763.8 1,7012 1,733.7 1,768.4 1,771.6 3.5 7.5 82 .6 4.3 -.1 2.8 1947- 1 , II Ill IV .... 1 402.5 1,424.6 1,437.5 1,458.1 912.1 928.5 931.9 932.1 1589 159.8 164.3 196.7 795 487 79.3 75.6 67.0 49.1 43.2 45.5 2880 291.0 293.5 288.8 1948: 1 II HI IV .... 1,474.3 1,493.9 1,497.0 1,498.9 936.2 946.2 947.8 955.4 212.8 221.8 220.5 209.0 63.8 57.7 59.0 56.9 51.5 53.7 56.7 55.8 294.4 307.7 313.0 326.1 1949: 1 , II ... . Ill ..... IV .... 1,480.1 1,474.1 1,490.7 1,474.5 957.0 971.5 973.3 986.8 177.8 152.4 166.3 156.3 63.8 63.3 58.0 50.2 53.9 53.2 51.0 51.9 334.7 349.8 353.2 345.4 -9.7 -9.1 -12.3 1950: 1 II . . Ill IV .... 1,538.2 1,584.5 1,644,1 1,678.6 1,003.6 1,019.9 1,072.2 1,040.7 198.8 221.0 240.4 276.0 49.3 49.9 51.2 55.3 53.1 56.1 69.5 69.5 339.2 344.4 337.0 358.0 12.8 18.1 1951: 1 || HI IV .... 1,693.1 1,724.0 1,758.2 1,760.6 1,063.7 1,034.4 1,046.0 1,052.4 244.3 251.6 232.7 212.4 58.2 63.9 65.3 64.8 69.5 67.2 61.4 59.9 394.4 449.8 501.0 529.1 -8.5 -25.4 -38.2 1,665.1 1,674.0 1,728.4 1,754.5 1952: 1 II HI IV .... 1,779.2 1,778.8 1,790.9 1,846.0 1,055.5 1,075.8 1,081.0 1,117.3 216.6 196.8 207.3 221.7 68.0 60.5 55.8 56.2 66.9 66.5 70.5 76.7 547.0 566.1 571.7 579.8 -41.0 -63.9 -54.4 -52.3 1,770.3 1,799.3 1,782.6 1,837.9 1,792.5 1,802.2 1,825.4 1,887.9 1,783.5 1,823.2 1,817.2 1,879.9 1,789.5 1,789.3 1,8012 1,856.1 1953: 1 || Ill IV .... 1,882.6 1,897.3 1,887.4 1,858.2 1,131.1 1,139.1 1,137.7 1,132.1 227.4 227.3 222.1 204.8 55.2 55.6 57.8 55.9 75.1 78.8 78.5 74.6 599.5 613.3 606.2 601.8 -55.5 -59.2 -57.9 -61.8 1,878.5 1,895.0 1,891.7 1,882.3 1,924.5 1,943.2 1,929.7 1,898.4 1,920.6 1,941.1 1,934.3 1,923.3 1,892.4 1,907.7 1,896.5 1,867.3 1954: 1 II Ill IV .... 1,849.9 1,848.5 1,868.9 1,905.6 1,135.9 1,148.2 1,164.0 1,187.5 203.5 201.7 212.0 222.5 53.4 61.1 59.1 61.8 70.2 76.5 72.9 585.8 565.2 551.8 547.6 -58.5 -51.2 -45.8 -40.9 1,871.5 1,876.0 1,893.1 1,922.9 1,888.6 1,883.4 1,902.4 1,937.0 1,910.9 1,911.7 1,927.3 1,954.8 1955: 1 II Hi IV .... 1,959.6 1,994.4 2,020.1 2,030.5 1,212.6 1,236.7 1,252.3 1,268.6 246.5 263.0 266.4 271.7 64.1 62.6 66.7 67.0 76.9 81.4 82.9 85.9 546.9 542.1 544.5 531.8 -33.6 -28.6 -26.9 -22.7 1,959.2 1,986.6 2,014.9 2,018.6 1,993.1 2,035.3 2,057.6 2,070.9 1956: 1 II Ill IV .... 2,023.6 2,037.7 2,033.4 2,066.2 1,270.6 1,273.9 1,275.9 1,292.3 263.1 259.8 255.5 253.2 70.2 74.9 77.5 81.0 89.2 88.9 89.6 85.9 533.2 544.0 540.0 554.1 -24.3 -26.0 -25.9 -28.5 2,014.6 2,034.8 2,035.0 2,068.4 1957: 1 2,077.5 2,071.9 2,094.0 2,070.8 1,301.0 1,303.1 1,313.7 1,315.0 248.6 248.0 255.1 232.6 86.3 83.7 81.3 78.8 92.4 93.2 91.3 91.5 564.7 561.1 565.9 575.6 -30.7 -30.8 -30.7 -39.7 III IV .... 2,012.6 2,024.7 2,072.3 2,120.6 1,296.7 1,307.1 1,327.7 1,343.9 214.1 208.4 226.8 248.9 70.8 71.0 71.5 71.6 92.5 96.5 95.6 101.3 568.9 584.5 587.9 599.9 1959: 1 II ... Ill IV .... 2,165.0 2223.3 2,221.4 2,231.0 1,369.9 1,391.7 1,407.2 1,409.5 260.4 285.4 265.3 275.6 686 70.1 75.8 72.9 102.4 108.0 109.4 106.7 1960: 1 || Ill IV .... 2,279.2 2,265.5 2,268.3 2,238.6 1,422.5 1,439.6 1,433.5 1,434.8 304.3 271.7 269.4 236.6 83.2 86.7 88.7 88.7 1961: 1 2,251.7 2 292.0 2,332.6 2,381.0 1,434.2 1,455.7 1,463.5 1,492.8 241.7 258.6 282.2 288.0 89.3 85.0 IV .... 2,422.6 2,448.0 2,471.9 2,476.7 1,508.4 1,526.7 1,539.6 1,560.6 305.2 301.9 306.5 295.0 1963: 1 II Ill IV .... 2,508.7 2,538.1 2,586.3 2,604.6 1,571.2 1,586.3 1,607.6 1,621.1 1964: 1 II . Ill .. IV .... 2,666.7 2,697.5 2,729.6 2,739.7 1965: 1 II Ill IV .... 127 15.1 15.4 19.0 18.6 14.2 13.4 7.3 .7 .4 5.4 2.0 GDP 4.6 -4.3 8.7 12.9 8.2 32 11.1 14.7 -4.0 11.4 2.1 13.6 6.2 3.7 6.7 -3.7 13.0 9.1 3.6 -.7 -2.1 -6.1 -2.0 1,859.9 1,858.4 1,879.0 1,917.1 -1.8 -2.3 -.3 4.5 8.1 .9 3.7 6.4 1,993.0 2,027.7 2,052.6 2,059.0 1,971.3 2,005.9 2,031.8 2,042.4 11.8 7.8 5.7 5.8 .7 2,062.9 2,070.7 2,063.8 2,088.8 2,054.1 2,068.0 2,065.6 2,091.2 2,037.0 2,050.9 2,047.1 2,078.0 -1.4 2,086.4 2,079.1 2,096.0 2,096.2 2,100.0 2,098.5 2,122.2 2,102.0 2,109.2 2,106.0 2,124.5 2,128.1 2,091.7 2,0872 2,108.6 2,082.2 •^5.4 ^9.8 -46.0 -42.4 2,040.7 2,051.6 2,079.9 2,1182 2,054.0 2,069.9 2,117.2 2,171.8 2,083.0 2,097.6 2,125.2 2,169.8 2,024.5 2,036.7 2,083.8 2,131.9 610.2 621.1 624.2 618.5 -41.7 -37.0 -41.7 -38.8 2,165.5 2,204.2 2,232.6 2,225.3 2,222.0 2,285.0 2,277.0 2,288.0 2,222.9 2266.0 2,288.9 2,282.6 2,1762 2,234.5 2,233.5 2,243.9 110.5 111.2 107.8 102.7 605.5 613.6 621.6 627.9 -25.8 -34.9 -37.1 -46.7 2,248.5 2,268.4 2,265.1 2,274.7 2,327.7 2,309.8 2,307.1 2,271.9 2,296.5 2,313.1 2,304.1 2,309.1 2,291.6 2,278.2 2,281.6 2,252.7 90.1 102.3 103.6 110.4 113.1 635.6 641.2 648.0 663.9 -46.8 -44.9 -39.3 -40.7 2,277.7 2,301.1 2,320.4 2,372.8 2,284.2 2,332.1 2,375.3 2,425.3 2,311.0 2,341.6 2,363.1 2,417.2 89.5 95.4 95.2 91.9 116.5 119.0 120.5 122.0 674.8 682.4 691.4 695.4 -38.8 -39.4 -40.3 -44.2 2,400.3 2,440.7 2,462.0 2,478.7 2,471.8 2,492.5 2,518.7 2,529.1 313.1 316.2 327.4 329.7 92.1 100.6 101.3 106.0 119.1 122.0 125.0 124.7 691.1 694.5 713.3 708.6 -39.7 -37.5 -38.3 -36.1 2,492.4 2,533.8 2,578.0 2,605.3 1,653.6 1,683.1 1,713.9 1,718.6 346.1 344.2 349.1 353.9 111.7 110.8 114.2 116.6 124.5 127.4 130.8 1345 712.5 721.4 714.9 714.7 -32.7 -34.6 -31.7 -29.9 2,808.9 2,846.3 2,898.8 2,970.5 1,756.2 1,776.1 1,806.1 1,858.0 392.0 391.6 400.9 404.2 102.5 118.7 116.6 124.7 129.4 144.7 145.3 152.5 713.8 728.4 746.3 761.7 1966: 1 II ...... Ill IV .... 3,042.4 3,055.5 3,076.5 3,102.4 1,885.6 1,890.9 1,912.4 1,919.1 436.1 429.8 426.7 429.8 123.1 122.2 123.0 125.1 156.3 160.2 169.3 171.1 1967: 1 3,127.2 3,129.5 3,154.2 3,178.0 1,931.2 1,957.5 1,967.1 1,978.5 415.7 399.3 411.5 420.6 127.0 125.6 124.4 127.3 173.6 172.4 174.8 184.0 II III IV .... 1958: 1 II lll'Z IV .... 1962: 1 || Ill II III IV .... See footnotes at end of table. 886 722 7.3 5.3 2.1 2.8 -.8 6.6 2.2 -1.1 4.3 -4.4 -10.8 -.8 4.1 0 6.7 3.5 -1.4 3.3 0 -10.2 6.0 -1.4 7.2 2.5 5.0 6.2 .3 52 22 5.2 10.4 -.3 11.6 6.0 4.6 92 4.5 -4.4 18.5 12.7 16.3 8.6 3.4 7.9 8.3 .7 4.1 -.1 2.7 8.0 3.9 9.0 4.3 8.1 3.3 -2.7 -€.3 -1.4 -2.3 -2.3 -6.0 -2.0 -1.1 -2.6 -1.6 4.1 7.5 12.1 8.8 4.4 2.6 -1.5 1.5 -1.3 4.9 22 -.3 4.6 ^3.8 -3.8 10.7 8.6 92 7.3 5.3 11.8 -1.4 -1.3 7.4 11.8 18.4 -5.3 -5.0 -1.7 14.4 2.1 5.6 7.6 -.3 1.7 5.4 1.0 4.3 -1.3 14.5 2.4 9.7 9.7 11.2 -1.5 GNP 3.1 9.5 9.6 1.9 12.8 2 3.3 5.8 -.3 4.5 8.4 8.0 72 5.0 1.3 11.8 -1.0 72 5.3 2.1 -1.1 2.7 -.5 5.1 2.8 -.8 6.2 3.5 -.6 3.6 .7 2.7 -.8 42 -32 2.8 5.4 8.7 102 8.0 4.1 -1.1 2.4 9.6 9.6 8.6 11.1 -.2 1.9 -6.1 4.2 3.6 -.6 1.7 2,266.8 2,306.3 2,347.1 2,395.9 2.4 7.4 7.3 8.6 .5 4.2 3.4 9.3 22 8.7 7.6 8.7 .3 5.4 3.7 9.5 2.5 7.1 7.3 8.6 2,449.3 2,485.4 2,508.9 2,531.5 2,437.4 2,464.4 2,488.4 2,495.9 7.2 4.3 4.0 .8 4.7 6.9 3.5 2.7 7.9 3.4 4.3 1.7 5.4 6.0 3.8 3.7 7.1 4.5 3.9 1.2 2,559.0 2,581.0 2,632.0 2,644.8 2,542.6 2,576.9 2,623.9 2,645.7 2,526.9 2,555.5 2,604.0 2,622.9 5.3 4.8 7.8 2.9 2.2 6.8 7.2 4.3 4.8 3.5 8.1 2.0 1.8 5.5 7.5 3.4 5.1 4.6 7.8 2.9 2,663.1 2,695.0 2,727.6 2,734.5 2,701.0 2,7362 2,767.9 2,778.4 2,697.5 2,733.8 2,766.1 2,773.3 2,686.8 2,716.8 2,749.5 2,758.1 9.9 4.7 4.8 1.5 9.2 4.9 4.9 1.0 8.8 5.3 4.7 1.5 8.1 5.5 4.8 1.0 10.1 -26.2 -23.8 -25.8 -25.6 2,777.2 2,826.7 2,879.8 2,957.8 2,862.3 2,894.3 2,9512 3,020.8 2,830.2 2,874.5 2,932.1 3,008.1 2,830.0 2,8682 2,918.9 2,988.6 10.5 6.4 7.3 7.7 12.6 8.5 6.4 8.3 10.8 5.4 7.6 10.3 11.3 776.3 799.9 812.5 829.5 -22.4 -27.1 -28.8 -30.0 3,008.8 3,023.1 3,047.2 3,054.8 3,099.9 3,117.9 3,146.5 3,171.9 3,065.8 3,065.0 3,116.9 3,123.7 3,061.1 3,074.2 3,094.7 3,121.4 10.0 7.1 1.9 3.2 1.0 10.9 2.3 3.7 3.3 7.9 2.5 42 .9 10.1 1.7 2.8 3.4 864.3 860.2 865.4 872.5 -37.4 -40.7 -39.4 -36.9 30856 3,119.0 3,134.2 3,161.5 3,197.2 3,200.4 3,229.2 3257.8 3,1552 3,190.0 3,209.3 3,241.5 3,145.9 3,147.7 3,174.4 3,197.5 32 .3 32 3.1 4.1 4.4 2.0 3.5 3.2 .4 3.6 3.6 4.1 4.5 2.4 4.1 3.2 2 3.4 2.9 8.9 -2.4 .5 7.1 -3.0 2.5 2.9 -4.9 -10.6 8.8 -2.3 -.5 -1.6 .6 -6.0 .9 -5.0 4.5 8.1 9.8 10.8 4.5 4.9 1.3 5.5 7.3 9.9 1.7 2.7 3.5 SURVEY OF CURRENT BUSINESS 154 • August 1997 Table 2A.—Real Gross Domestic Product—Continued [Billions of chained (1992) dollars; quarterly data are seasonally adjusted at annual rates] Year and quarter GDP Personal consumption expenditures Gross private domestic investment Exports and imports of goods and services Exports 1968- 1 . II Ill IV .... 3,236.2 3,292.1 3,316.1 3,331.2 2,025.1 2,056.4 2,095.1 2,104.4 425.2 442.9 430.1 434.9 130.3 132.5 140.7 137.6 1969: 1 II Ill IV .... 2,128.0 2,141.4 2,152.0 2,168.8 2,182.3 2,192.9 2,211.6 2,204.6 463.3 458.9 468.2 442.6 123.2 149.5 147.7 150.4 427.6 427.3 435.9 413.8 2,246.5 2,266.5 2,283.9 2,321.1 III IV .... 3,381.9 3,390.2 3,409.7 3,392.6 3,386.5 3,391.6 3,423.0 3,389.4 3,481.4 3,500.9 3,523.8 3,533.8 3,604.7 3,687.9 3,726.2 3,790.4 1973: 1 II Ill IV .... 3,892.2 3,919.0 3,907.1 3,947.1 465.0 480.6 484.1 470.0 502.4 533.3 542.4 549.1 588.6 601.0 5830 609.2 1974: 1 ...... II Ill ..... IV .... 3,908.1 3,922.6 3,880.0 3,854.1 1975: 1 II . ... Ill ..... IV .... 3,800.9 3,835.2 3,907.0 3,952.5 4,044.6 4,072.2 4,088.5 4,126.4 1970: 1 II III IV .... 1971: 1 II .. . Ill IV .... 1972: 1 II 2,352.0 2,394.9 2,430.6 2,486.1 2,530.4 2,527.5 2,539.9 2,532.6 Imports Government1 Residual Final sales of domestic product 887.3 892.2 893.6 896.6 -37.0 -34.2 -^33.8 -34.5 32253 3,258.0 3,303.9 3,325.1 891.6 890.8 888.7 878.8 -35.9 -25.1 -24.5 -28.0 153.8 159.0 158.7 160.9 194.7 197.7 209.6 207.8 188.3 225.3 222.4 220.0 219.4 223.6 223.0 226.5 871.8 863.2 866.7 865.5 159.6 159.4 168.1 149.7 223.9 240.9 246.1 2292 167.4 164.8 172.4 183.5 200.3 209.0 210.3 218.8 Gross do- Final sales mestic pur- to domestic purchasers chases 3,312.5 3,345.9 3,392.9 3,416.9 3,357.5 3,373.0 3,389.6 3,388.9 3,323.1 3,380.2 3,404.8 3,422.6 3,475.9 3,483.3 3,503.0 3,480.1 -29.6 -27.2 -26.9 -28.9 3,397.6 3,391.9 3,421.9 3,414.8 856.4 852.5 848.8 846.4 -22.2 -17.2 -15.0 -24.2 3,458.9 3,481.2 3,509.4 3,549.5 263.0 253.1 258.2 269.6 281.5 273.7 266.2 269.1 858.8 859.9 848.4 849.2 -12.9 -11.9 -9.4 -7.9 854.6 852.3 839.1 847.7 -.2 2.9 1.0 7.9 3,608.0 3,665.7 3,700.0 3,784.3 3,867.0 3,884.5 3,890.9 3,893.1 260.6 271.1 266.1 263.4 857.5 866.9 861.8 865.6 875.7 871.6 875.7 882.2 6.6 6.7 -3.4 .7 -12.4 -15.1 -11.0 -8.6 3,889.1 3,899.7 3,882.5 3,822.2 3,848.3 3,887.9 3,922.7 3,966.7 886.1 876.8 872.8 871.5 -6.1 -4.6 -5.8 -6.4 4,027.0 4,039.1 4,061.7 4,119.0 878.1 887.6 887.4 885.8 887.5 910.9 917.8 925.9 916.2 924.8 925.6 932.9 946.5 948.3 936.4 934.4 946.1 947.7 945.5 951.7 949.0 954.7 961.2 975.5 978.4 985.0 1,001.8 984.1 -6.8 2.7 9.3 -.6 4,161.4 4,228.4 4,270.0 4,303.3 -.7 13.8 17.4 21.4 4,306.0 4,474.6 4,511.6 4,565.4 19.3 20.4 22.7 22.1 25.8 23.8 23.3 29.3 39.5 31.4 38.7 30.5 12.4 13.9 3.6 -7.1 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 4,651.2 4,616.9 4,681.3 -5.9 -4.4 -3.4 2.0 4,719.4 4,785.3 4,860.7 4,919.5 8.3 4.1 5.8 2.6 8.3 7.0 2.9 2.1 9.1 4.1 5.7 2.9 7.6 7.1 3.0 1.8 3,451.5 3,466.3 3,483.1 3,476.9 62 1.0 2.3 -2.0 4.0 1.9 2.0 -.1 6.4 .9 2.3 -2.6 4.1 1.7 2.0 -.7 62 .9 2.2 -2.0 3,469.3 3,471.7 3,503.6 3,469.6 3,481.3 3,472.5 3,5032 3,496.3 3,406.0 3,411.9 3,442.9 3,407.4 -.7 .6 3.7 ^3.9 1.0 -.7 3.6 -.8 -1.2 .3 3.7 -3.8 .5 -1.0 3.6 -.8 -.6 .7 3.7 -4.1 3,563.2 3,597.9 3,615.5 3,633.0 3,713.5 3,793.1 3,827.6 3,890.4 3,540.8 3,578.4 3,601.4 3,649.8 3,503.3 3,524.3 3,544.7 3,556.0 11.3 2.3 2.6 1.1 5.3 2.6 3.3 4.7 11.2 3.9 2.0 2.0 52 4.3 2.6 5.5 11.7 2.4 2.3 1.3 3,717.6 3,7712 3,801.6 3,884.7 8.3 9.6 42 7.1 6.8 6.5 3.8 9.4 9.2 8.9 3.7 6.7 7.6 5.9 3.3 9.0 8.3 9.4 4.4 7.0 3,985.0 3,994.6 3,972.6 4,005.1 3,959.9 3,960.0 3,956.6 3,950.7 3,627.9 3,710.7 3,7512 3,815.3 3,921.5 3,950.4 3,944.1 3,984.4 112 2.8 -1.2 42 9.0 1.8 .7 2 10.1 1.0 -22 3.3 8.0 0 -.3 -.6 11.6 3.0 -.6 4.1 3,944.7 3,958.1 3,924.9 3,886.9 3,801.5 3,826.1 3,915.7 3,960.3 4,073.8 4,112.4 4,133.4 4,178.9 3,925.6 3,935.1 3,927.6 3,854.7 -3.9 1.5 -4.3 -2.6 -.4 1.1 -1.8 -6.1 -5.9 1.4 -3.3 -3.8 -2.5 1.0 -.8 -72 -3.2 12 -4.6 -32 3,8492 3,879.0 3,931.4 3,974.6 3,952.4 3,964.3 3,917.6 3,886.1 3,827.3 3,861.8 3,936.1 3,987.9 -6.4 3.7 7.7 4.7 2.8 42 3.6 4.6 -8.5 2.6 9.7 4.6 -.6 3.1 5.5 4.5 -6.9 3.7 7.9 5.4 4,056.0 4,0792 4,106.5 4,171.6 4,078.8 4,107.9 4,124.8 4,163.7 9.7 2.8 1.6 3.8 62 1.2 2.3 5.8 12.0 3.8 2.1 4.5 8.4 2.3 2.7 6.5 9.4 2.9 1.6 3.8 4,251.7 4,330.6 4,392.2 4,408.2 4,4432 4,575.1 4,619.3 4,662.0 4,664.3 4,674.7 4,681.7 4,677.8 4,688.1 4,532.4 4,495.6 4,610.1 4,707.6 4,664.1 4,725.1 4,675.5 4,603.9 4,6122 4,626.8 4,6342 4,236.9 4,298.7 4,332.6 4,383.0 4,403.7 4,538.7 4,578.7 4,623.7 4,219.4 4,3022 4,3712 4,365.0 4.9 8.3 6.7 -.1 42 6.6 4.0 32 72 7.6 5.8 1.5 6.4 6.0 32 4.7 5.5 8.1 6.6 -.6 4,388.6 4,546.1 4,591.1 4,649.0 4,652.6 4,668.7 4,708.8 4,719.5 4,743.0 4,625.6 4,617.8 4,696.6 4,787.7 4,742.6 4,801.4 4,747.9 4,658.5 4,682.9 4,651.1 4,655.6 1.6 16.1 3.7 4.6 .3 16.6 3.4 4.9 32 12.4 3.9 3.7 1.9 12.8 3.6 4.0 22 152 4.0 5.1 2 .9 2.6 1.0 2.0 -9.3 -.4 8.1 7.7 -3.5 4.9 -4.9 -6.5 1.7 -2.0 .5 12 -2 5.5 2.0 1.1 -8.0 52 3.4 1.4 .5 .3 -2.6 -1.4 -.4 -2.9 5.7 2 .9 .6 -.3 .9 -12.6 -52 10.6 8.7 -3.6 5.3 -4.1 12 -.1 3.5 .7 .3 1.4 3.5 .9 0 -11.4 22 5.8 2.4 .4 .8 -1.8 2.0 -9.5 -.7 7.0 -€.0 .7 1.3 .6 -.9 -1.3 .3 5.8 -7.3 2.1 -2.7 .4 4,682.5 4,814.4 4,927.7 5,032.9 5,176.3 5267.3 5,310.1 5,351.4 4,738.3 4,835.9 4,939.1 5,013.0 5,083.7 5,1842 5,2252 5297.5 4,700.1 4,804.4 4,891.3 4,983.5 3.9 8.9 7.4 7.7 3.3 5.7 6.4 4.9 42 11.8 9.7 8.8 3.6 8.5 8.8 6.1 3.9 92 7.4 7.8 5,092.6 5,172.4 5,209.5 5,237.5 9.6 6.4 3.0 2.6 3.4 7.4 2.9 52 11.9 72 3.3 3.1 5.8 8.1 32 5.7 9.1 6.4 2.9 22 5,3932 5,447.3 5,524.6 5,566.2 5,367.8 5,424.6 5,5020 5,530.6 5,280.3 5,310.8 5,378.4 5,417.5 42 2.0 5.9 2.6 6.5 2.3 5.9 1.6 32 4.1 5.8 3.0 5.4 4.3 5.8 2.1 3.3 2.3 52 2.9 5,481.1 5,480.1 5,510.4 5,533.1 5,568.7 5,629.7 5,676.0 5,759.6 5,802.3 5357.5 5,889.4 5,964.9 5.1 .4 22 2.2 4.0 2.8 &2 2.1 4.1 1.8 2.6 1.4 3.0 4.1 5.6 1.3 4.8 -.1 22 1.7 2.6 4.1 3.6 6.0 -.8 5.4 4.6 12 22 3.9 2.8 5.8 -1.0 5.1 3.8 1.1 2.6 4.4 3.4 6.0 2.4 4.1 2.4 5.1 62 4.6 2.0 4.7 .5 2.6 2.6 5.3 4.0 3.1 22 4.9 3.0 3.9 22 52 431.2 419.9 462.4 472.8 226.4 236.4 225.0 231.1 230.5 220.9 224.7 236.7 2,674.2 2,697.9 2,724.4 2,760.8 519.7 540.5 539.9 549.6 235.9 238.1 244.7 247.7 2,794.3 2,810.3 2,836.9 2,877.6 2,893.1 2,954.6 2,968.2 2,990.6 577.7 622.7 652.8 635.3 650.5 691.0 710.7 721.4 1979: 1 II Ill IV .... 4,605.7 4,615.6 4,644.9 4,656.2 717.8 722.9 708.2 690.1 1980: 1 II ... . Ill IV .... 4,679.0 4,566.6 4,562.3 4,651.9 4,739.2 4,696.8 4,753.0 4,693.8 4,615.9 4,634.9 4,612.1 4,618.3 3,008.1 3,003.5 3,028.7 3,0402 3,037.2 2,968.8 2,998.5 3,034.2 3,045.6 3,045.8 3,058.8 3,035.3 3,054.0 3,062.1 3,080.1 3,129.7 605.8 601.6 593.7 547.6 243.8 250.1 252.2 243.6 249.5 275.5 278.3 289.1 288.9 289.7 299.7 317.8 327.7 333.9 332.8 331.1 336.7 338.9 331.4 334.1 320.4 322.8 308.2 294.3 310.8 313.3 309.1 313.4 1978: 1 II Ill IV .... 4,176.3 4,260.1 4,329.5 4,328.3 4,345.5 4,510.7 4,552.1 4,603.7 111 .!." IV .... 4,663.0 4,763.6 4,849.0 4,939.2 3,156.5 3,220.0 3,267.1 3,318.6 563.9 617.7 661.4 725.3 298.9 299.8 304.3 310.2 328.8 354.5 382.2 401.0 1984: 1 II . ... Ill IV .... 5,053.6 5,132.9 5,170.3 5,203.7 3,354.0 3,397.5 3,418.4 3,460.6 812.2 835.6 850.8 834.9 317.5 325.7 332.0 338.3 994.1 1,016.6 1,022.5 1,040.4 8.8 8.7 9.1 5.6 1985: 1 II HI IV .... 5,257.3 5,283.7 5,359.6 5,393.6 3,511.2 3,540.8 3,602.1 3,612.1 816.6 821.1 816.0 841.8 338.7 337.3 332.0 341.4 433.0 4512 462.5 476.1 466.0 489.0 484.6 501.3 1,053.2 1,072.8 1,095.7 1,098.9 3.6 .7 -1.6 .7 4,961.0 5,050.0 5,085.6 5,149.9 5,231.7 5,261.0 5,336.9 5,358.0 1986: 1 II . HI IV .... 5,460.8 5,466.9 5,496.3 5,526.8 3,644.0 36830 3,742.8 3,764.8 3,765.7 3,814.0 3,852.9 3,856.5 3,924.2 3,952.2 3,985.1 4,029.1 855.3 824.0 781.3 786.7 351.3 355.9 364.1 377.5 501.0 523.0 538.1 542.3 1,108.3 1,129.6 1,154.5 1,147.7 2.9 -2.6 -8.3 -7.6 5,410.5 5,448.4 5,5182 5,546.6 5,621.9 5,646.7 56833 5,703.7 5,571.6 5628.3 5,705.3 5,723.6 808.6 807.1 806.3 864.0 377.7 393.5 411.1 425.7 5,535.6 5,608.4 5,671.5 5,688.3 5,7742 5,840.1 5,8692 5,937.0 5,734.8 5,789.8 5,8302 5,912.4 5,708.9 5,7802^ 5,834.3 5,8502 448.8 461.4 469.4 483.5 1,153.4 1,162.8 1,165.9 1,181.5 1,172.5 1,177.0 1,176.1 1,198.1 -4.8 -5.7 -5.6 -.1 817.8 823.2 830.0 841.7 538.8 553.7 563.2 577.0 574.8 568.3 5800 597.8 5,919.0 5,956.7 5,995.4 6,073.4 5,908.0 5,952.8 5,986.0 6,057.6 1977: 1 II Ill IV .... 1981: 1 II . Ill ..... IV .... 1982: 1 II Ill IV .... 1983: 1 II 1987: 1 II Itl IV .... 5,561.8 5,618.0 5,667.4 5,750.6 1988: \ 5,785.3 II 5,844.0 Ill 5,878.7 5,952.8 IV .... See footnotes at end of table. 689.6 614.5 570.7 638.3 699.8 662.4 704.5 677.1 334.4 335.1 340.3 344.7 344.6 345.7 340.0 346.9 347.8 322.7 299.4 315.4 328.5 329.4 325.9 334.9 325.7 320.2 334.7 321.7 -3.2 -1.5 -1.9 -1.8 GNP 7.5 7.1 3.0 1.8 565.5 561.0 530.3 529.2 1976: 1 II Ill IV .... Final sales Gross do- Final sales of domestic mestic pur- to domestic product chases purchasers GDP 3,256.2 3,312.5 3,337.3 3,352.2 3,402.8 3,410.3 3,428.5 3,411.4 2,512.7 2,522.7 2,532.4 2,490.9 2,513.2 2,556.3 2,591.8 2,618.7 237.3 218.4 236.6 249.3 265.2 276.5 287.5 296.8 Percent change from preceding period GNP 4,637.5 4,636.0 4,675.7 4,683.8 4,684.1 4,544.3 4,569.1 4,633.6 4,661.6 4,665.9 4,674.7 4,653.7 4,642.8 4,628.1 4,631.3 4,696.8 8.0 -3.7 5.1 -4.4 SURVEY OF CURRENT BUSINESS August 1997 • 155 Table 2A.—Real Gross Domestic Product—Continued [Billions of chained (1992) dollars; quarterly data are seasonally adjusted at annual rates] Year and quarter GDP Personal consumption expenditures Gross private domestic investment Exports and imports of goods and services Exports Percent change from preceding period Government1 Residual Imports Final sales of domestic product Gross domestic purchases Final sales to domestic purchasers GNP GDP 1989:1 II Ill IV .... 6,011.0 6,055.6 6,088.0 6,093.5 4,032.8 4,047.4 4,083.2 4,095.0 870.5 873.1 864.0 846.3 502.0 522.0 521.3 535.5 590.7 601.9 605.8 613.5 1,193.5 1,211.1 1,222.6 1,228.4 2.9 3.9 2.7 1.8 5,970.0 6,010.9 6,063.1 6,070.8 6,103.5 6,138.3 6,175.4 6,174.0 6,062.5 6,093.6 6,150.7 6,151.4 6,023.1 6,065.5 6,101.8 6,112.3 1990: 1 HI IV .... 6,152.6 6,171.6 6,142.1 6,079.0 4,128.9 4,134.7 4.148.5 4,116.4 842.6 853.4 817.9 746.1 555.2 566.8 561.8 573.9 622.3 633.5 633.0 616.4 1,246.5 1,248.2 1,246.8 1,259.9 1.7 2.0 .1 -.9 6,144.6 6,127.5 6,126.6 6,108.1 6,221.3 6,240.0 6,215.4 6,122.3 6,213.5 6,196.0 6,199.9 6,151.4 6,172.8 6,188.0 6,155.7 6,111.3 1991:1 II HI IV .... 6,047.5 6,074.7 6,090.1 6,105.3 4,084.5 4,110.0 4,119.5 4,109.1 725.1 718.5 745.8 763.2 572.3 600.3 603.6 623.5 596.6 617.4 633.4 641.4 1,262.6 1,263.8 1,255.1 1,250.7 -.4 -.5 -.5 .2 6,065.4 6,095.9 6,085.4 6,083.8 6,071.7 6,091.6 6,120.0 6,123.0 6,089.6 6,112.9 6,115.3 6,101.6 6,074.3 6,086.4 6,099.2 6,119.5 1992: 1 II .... Ill IV .... 6,175.7 6,214.2 6,260.7 6,327.1 4,173.8 4,196.4 4,226.7 4,282.3 758.2 792.8 798.5 812.2 633.0 635.8 639.7 649.1 647.8 668.3 670.5 689.1 1,258.5 1,257.5 1,266.5 1,272.5 0 0 -.2 .1 6,175.8 6,203.8 6,249.5 6,320.7 6,190.3 6,246.9 6,291.7 6,367.0 6,190.5 6,236.3 6,280.5 6,360.7 1993: 1 Hi' IV .... 6,327.9 6,359.9 6,393.5 6,476.9 4,286.8 4,322.8 4,366.6 4,398.0 845.5 846.1 858.6 904.0 647.2 660.1 646.3 679.1 701.9 722.7 729.4 759.7 1,250.1 1,253.1 1,250.5 1,254.7 .2 .5 .9 .8 6,297.3 6,344.9 6,379.3 6,453.8 6,382.3 6,422.0 6,475.6 6,556.2 1994: 1 II Ill IV .... 6,524.5 6,600.3 6,629.5 6,688.6 4,439.4 4,472.2 4,498.2 4,534.1 939.9 987.8 972.2 1,003.0 676.0 704.1 722.1 747.3 773.6 808.0 833.2 853.2 1,241.9 1,243.3 1,268.1 1,255.8 .9 .9 2.1 1.6 6,473.0 6,526.7 6,580.4 6,624.8 1995: 1 II Ill IV .... 6,703.7 6,708.8 6,759.2 6,796.5 4,551.3 4,583.5 4,612.9 4,633.5 1,005.8 977.5 982.0 1,000.8 760.4 777.4 802.4 824.6 873.9 890.3 895.4 900.7 1,257.7 1,257.3 1,255.0 1,237.7 2.4 3.4 2.3 .6 1996: 1 II Ill IV .... 6,826.4 6,926.0 6,943.8 7,017.4 4,669.4 4,712.2 4,718.2 4,756.4 1,012.2 1,059.2 1,100.3 1,104.8 828.2 847.4 851.4 901.1 929.0 960.0 990.2 1,006.6 1,243.2 1,265.1 1,261.5 1,261.8 2.4 2.1 2.6 -.1 II II 1. Government consumption expenditures and gross investment. NOTE.—The residual is the difference between GDP and the sum of the detailed components shown in this table. 4.0 3.0 2.2 .4 3.9 1.2 -1.9 -4.0 -2.1 Final sales of domestic product Gross domestic purchases Final sales to domestic purchasers 2.2 2.8 3.5 .5 2.0 2.3 2.4 -.1 0.3 2.1 3.8 0 5.0 -1.1 -.1 3.1 1.2 4.1 -1.1 .3 GNP 4.0 2.9 2.4 .7 4.0 1.0 -2.1 -1.2 -1.6 -5.9 -3.1 -2.9 -2.8 -3.3 -4.0 -2.4 1.8 1.0 1.0 2.0 -.7 -.1 1.3 1.9 .2 1.5 .2 -.9 .8 .8 1.3 6,192.0 6,225.2 6,270.3 6,334.6 4.7 2.5 3.0 4.3 6.2 1.8 3.0 4.6 4.5 3.7 2.9 4.9 6.0 3.0 2.9 5.2 4.8 2.2 2.9 4.2 6,351.7 6,407.0 6,461.4 6,533.1 6,351.3 6,375.9 6,415.3 6,489.7 .1 2.0 2.1 5.3 3.1 2.2 4.8 1.0 2.5 3.4 5.1 -.6 3.5 3.4 4.5 1.1 1.6 2.5 4.7 6,620.2 6,701.8 6,737.5 6,791.3 6,568.7 6,628.0 6,688.4 6,727.5 6,540.5 6,609.3 6,635.6 6,691.2 3.0 4.7 1.8 3.6 1.2 3.4 3.3 2.7 4.0 5.0 2.1 3.2 2.2 3.7 3.7 2.4 3.2 4.3 1.6 3.4 6,654.3 6,685.3 6,739.3 6,771.9 6,813.2 6,817.3 6,848.9 6,870.4 6,763.7 6,793.8 6,829.1 6,845.8 6,711.3 6,721.0 6,758.3 6,804.2 .9 .3 3.0 2.2 1.8 1.9 3.3 2.0 1.3 .2 1.9 1.3 2.2 1.8 2.1 1.0 1.2 .6 2.2 2.7 6,815.0 6,902.3 6,905.0 6,981.7 6,923.2 7,d33.6 7,075.3 7,118.4 6,911.8 7,009.9 7,036.4 7,082.7 6,834.7 6,930.1 6,940.2 7,023.1 1.8 6.0 1.0 4.3 2.6 5.2 .2 4.5 3.1 6.5 2.4 2.5 3.9 5.8 1.5 2.7 1.8 5.7 .6 4.9 GDP Gross domestic product GNP Gross national product -1.5
@FedFRASER