Full text of Survey of Current Business : August 2002
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In T h i s I s s u e . . .
Annual Revision of the NIP/Vs, 1999:1-2002:1
Preview of the 1997 Benchmark 1-0 Account*
Operations of U.S. Affiliates in 2000
StatePersonallncome, 2002:1
,UREAU OF ECONOMIC ANALYSIS
CONOMICS AND STATISTICS ADMINISTRATION
J.5. DEPARTMENT OF COMMERCE
U.S. Department of Commerce
Donald L. Evans, Secretary
Economics and Statistics Administration
Kathleen B. Cooper, Under Secretary for Economic Affairs
Bureau of Economic Analysis
J. Steven Landefeld, Director
Rosemary D. Marcuss, Deputy Director
Dennis J. Fixler, Chief Statistician
Barbara M. Fraumeni, Chief Economist
Suzette Kern, Associate Directorfor Management
and Chief Administrative Officer
Ralph Kozlow, Associate Directorfor International Economics
Alan C. Lorish, Jr., Chief Information Officer
Brent R. Moulton, Associate Directorfor National
Economic Accounts
Sumiye Okubo, Associate Director for Industry Accounts
The SURVEY OF CURRENT BUSINESS (ISSN 0039-6222) is
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OF CURRENT BUSINESS, Bureau of Economic Analysis, U.S.
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The BEA Advisory Committee advises the Director of BEA on matters related
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international economic accounts, especially in areas of new and rapidly growing
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provides recommendations from the perspective of businessmen, academicians,
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William D. Nordhaus, Chair, Yale University
Alan J. Auerbach, University of California, Berkeley
Richard B. Berner, Morgan Stanley
Michael J. Boskin, Stanford University
Barry P. Bosworth, The Brookings Institution
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Maurine A. Haver, Haver Analytics, Inc.
Charles R. Hulten, University of Maryland
Dale W. Jorgenson, Harvard University
Karen R. Polenske, Massachusetts Institute of Technology
Joel L. Prakken, Macroeconomic Advisers, LLC
appreciated.
The Secretary of Commerce has determined that the
publication of this periodical is necessary in the transaction of the public business required by law of this
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This issue went to the printer on August 16, 2002.
It incorporates data from the following monthly BEA
news releases:
U.S. International Trade in Goods and
Services (July 19),
Gross Domestic Product (July 31), and
Personal Income and Outlays (Aug. 2).
SURVEY OF CURRENT BUSINESS
August 2002
Volume 82
Number 8
www.bea.gov
Special in this issue
7 Annual Revision of the National Income and Product Accounts:
Annual Estimates, 1999-2001, and Quarterly Estimates, 1999:1-2002:1
The revised estimates show weaker economic growth than that shown by the
previously published estimates, particularly in 2001. Real GDP now shows declines
in the first three quarters of 2001; in the previous estimates, it had shown a decline
only in the third quarter. Over the period covered by the revisions, the average
annual growth rate of real GDP was revised down from 2.8 percent to 2.4 percent;
the largest downward revisions were in investment in equipment and software and
in personal consumption expenditures for services. The revised estimates reflect
the incorporation of newly available and revised regular source data and of changes
in methodology, including the introduction of several new price indexes. In
addition, a change in the methodology and the revision schedule for the quarterly
estimates of wages and salaries will allow the earlier incorporation of more
comprehensive source data.
143 A Preview of the 1997 Benchmark Input-Output Accounts: New Detailed
and Summary Industries
In the upcoming 1997 benchmark input-output accounts, BEA will present the
detailed and summary industries on the basis of the 1997 North American
Industry Classification System.
Regular features
1 Business Situation: Advance Estimates for the Second Quarter of 2002
The pace of U.S. production slowed in the second quarter of 2002: Real GDP
increased 1.1 percent after increasing 5.0 percent in the first quarter. The
deceleration was mainly accounted for by slowdowns in inventory investment,
consumer spending, and government spending. Inflation picked up in the second
quarter: Prices of gross domestic purchases increased 2.1 percent after increasing
1.2 percent. The pickup was more than accounted for by a sharp upturn in energy
prices.
149 U.S. Affiliates of Foreign Companies: Operations in 2000
Largely as a result of record levels of new foreign investment, the current-dollar
gross product of U.S. nonbank affiliates of foreign companies increased 14 percent
in 2000, up from increases of 8 percent in 1998 and 9 percent in 1999. The U.S.affiliate share of GDP in U.S. private industries rose to a record 7.0 percent from
6.5 percent in 1999. By country of ownership, several large acquisitions helped
push the British-owned affiliates* share of the gross product of all affiliates to more
than 20 percent.
- Continued on the next page —
August 2002
168 Personal Income by State, First Quarter 2002
In about three-fifths of the States, personal income increased in the first
quarter of 2002 after decreasing in the fourth quarter of 2001, and in
nearly all of the remaining States, personal income increased more in
the first quarter than in the fourth. Part of the strength in the first
quarter was accounted for by the annual cost-of-living adjustments to
social security program benefits and by other special factors. Nevada
and North Dakota had the sharpest turnarounds in personal income,
and Wyoming was the only State in which personal income decelerated.
Reports and statistics
36 National Income and Product Accounts Tables
123 GDP and Other Major NIPA Series, 1929-2002:
D-1 BEA Current and Historical Data
Inside back cover: Getting BEA's Estimates
Back cover:
Schedule of Upcoming News Releases
August 2002
Business Situation
Advance Estimates for the Second Quarter of 2002
T
HE U.S. economy slowed in the second quarter of
2002, according to the "advance" estimates of the
national income and product accounts (NIPA's).
• Real gross domestic product (GDP) increased 1.1
percent after increasing 5.0 percent in the first quarter (table 1 and chart 1).'
• Gross domestic purchases increased 2.8 percent
after increasing 5.6 percent.
• Real disposable personal income increased 3.8 percent after increasing 14.6 percent.
The price index for gross domestic purchases increased
Daniel Larkins and Frederick von Batchelder prepared
this article.
CHART 1
Selected Measures:
Change From Preceding Quarter
2.1 percent after increasing 1.2 percent.
NIPA estimates for the first quarter, along with estimates for 1999-2001, have been revised as part of the
annual revision of the accounts.2
The advance estimates for the second-quarter also
show the following:
• The deceleration in GDP growth was mainly
accounted for by slowdowns in inventory invest1. Quarterly estimates in the NIPA's are expressed at seasonally adjusted
annual rates. Quarter-to-quarter dollar changes are the differences between
the published estimates. Quarler-to-quarter percent changes are annualized
and are calculated from unrounded data unless otherwise specified.
Real estimates are calculated using a chain-type Fisher formula with
annual weights for all years and quarterly weights for all quarters; real estimates are expressed both as index numbers (1996=100) and as chained
(1996) dollars. Price indexes (1996=100) are also calculated using a
chain-type Fisher formula.
2. See Eugene P. Seskin and Stephanie H. McCulla, "Annual Revision of
the National Income and Product Accounts: Annual Estimates, 1999-2001,
and Quarterly Estimates, 1999:1-2002:1" in this issue.
Table 1. Real Gross Domestic Product, Real Gross Domestic Purchases,
and Real Final Sales to Domestic Purchasers
Percent
[Seasonally adjusted at annual rates]
REAL GROSS DOMESTIC PRODUCT
Billions of chained (1996) dollars
Illlll..
ll.
2002
II
10
REAL GROSS DOMESTIC PURCHASES
ll
10
-0.1
I
GROSS DOMESTIC PURCHASES PRICE INDEX
II I l III I I
-5
1999
2000
2001
Nole-Perceni change at annual rate from preceding quarter;
U.S. Bureau of Economic Analysis
2002
2001
III
2002
2001
2002
IV
I
II
24.7
III
IV
1
II
Gross domestic product
9,387.9
-6.7
62.4
114.4
-0.3
2.7
Less: Exports of goods and services
Plus: Imports of goods and services
1,059.5
1,557.1
-50.8
-46.6
-26.2
-19.8
8.8 28.9 -17.3
29.9
80.0
-11.8
-9.6
-5.3
5.0
3.5
8.5
11.7
23.5
Equals: Gross domestic purchases
9,844.8
-1.3
69.5
132.9
66.6
-0.1
2.9
5.6
2.8
LBSS: Change in private inventories
1.0
-3.5
-36.6
69.5
29.9
4.3
3.0
1.6
Equals: Final sales to domestic
purchasers
III
Percent change
fron l preceding qu arter
Change from
preceding quarter
9,833.9
1.6
102.0
72.1
39.5
0.1
Personal consumption
expenditures
Durable goods
Nondurable goods
Services
6,544.2
981.7
1,918.6
3,669.2
22.9
10.2
93.1
69.4
16.7
19.1
49.8
-16.1
36.4
25.6
30.4
-2.8
27.0
1.5
4.6
1.3
0.9
Private fixed investment
Nonresidential
Structures
Equipment and software
Residential
1,577.5
1,183.6
234.2
960.6
388.2
-17.8
-19.3
-37.3
-35.3
-23.6
-6.1
-3.3
-2.0
-18.0
-9.5
-6.6
12.6
Government consumption
expenditures and gross
investment
Federal
National defense
Nondefense
State and local
1.704.8
608.6
396.0
212.6
1,096.3
-4.7
1.7
4.1
41.2
18.3
12.5
22.8
10.6
10.5
-2.4
-6.1
5.9
0.2
7.5
3.3
23.0
12.2
-3.0
-4.5
-2.3
9,377.1
-3.8
94.4
54.5
-2.3
-0.2
Addendum: Final sales of
domestic product
6.0
8.2
1.9
-23.5
0.3
5.8
1.1
-4.8
-9.0
-4.3
-6.0
2.9
6.9
4.6
-9.2
7.5
-1.1
10.8
1.2
4.6
0.4
1.1
6.0
3.1
33.6
-6.3
3.6
2.1
7.9
2.9
-0.6
-8.9
-10.9
-30.1
-2.5
-3.5
-0.5
-5.8
-14.2
-2.7
14.2
0.3
10.5
13.5
14.3
12.1
5.6
7.4
11.6
1.9
2.4
3.0
-1.6
-14.0
2.9
5.0
1.8
7.4
8.0
6.3
8.9
0.4
4.6
-1.1
4.2
2.4
-0.1
NOIL Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar 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 usually are not additive. Chained (1996)
dollar levels and residuals, which measure the extent of nonadditivity in each table, are shown in NIPA tables 1.2,1.4, and
1,6. Percent changes are calculated from unrounded data. Percent changes in major aggregates are shown in NIPA table
S.1 (See "National Income and Product Accounts Tables" in this issue.)
Business Situation
decreased after a sharp increase, more than offsetting an upturn in durable goods; purchases of services increased about the same as in the first
quarter.
• Government spending contributed 0.33 percentage point to growth after contributing 1.04 percentage points. Federal Government spending
increased about the same as in the first quarter,
but State and local government spending turned
down.
• Final sales of domestic product—GDP less inventory investment—changed little after increasing.
• Inventory stocks edged up after substantial liquidation in each of the preceding five quarters.
•The production of goods and of structures turned
down; in contrast, the production of services
increased somewhat more than in the first quarter
(table 3).
• Imports increased much more than exports.4
•The personal saving rate increased to 4.0 percent
from 3.5 percent.5
• Real final sales of computers turned up. Computer
prices declined less than in the first quarter; software prices decreased slightly in both quarters.
Motor vehicles. Real motor vehicle output increased 6.2 percent after increasing 9.9 percent. Final
sales to domestic purchasers increased moderately after decreasing substantially. Inventories increased
more than in the first quarter; they had declined substantially in the fourth quarter.
Consumer purchases of motor vehicles changed little after decreasing. Although interest rates on new-car
loans at commercial banks and at finance companies
ment, consumer spending, and government spending.3 Imports (which are subtracted in the
calculation of GDP) accelerated sharply.
• A swing from inventory liquidation to inventory
accumulation contributed 1.15 percentage points
to GDP growth in the second quarter; a sharp cut
in the pace of liquidation had contributed 2.60
percentage points to growth in the first quarter
(table 2).
• Consumer spending contributed 1.30 percentage
points to second-quarter growth after contributing 2.22 percentage points to first-quarter growth.
Consumer purchases of nondurable goods
3. In this article, "consumer spending" is shorthand for the NIPA series
"personal consumption expenditures," "government spending" is shorthand for "government consumption expenditures and gross investment,"
and "inventory investment" is shorthand for "change in private invento-
Table 2. Contributions to Percent Change in Real
Gross Domestic Product
[Seasonally adjusted at annual rates]
2002
2001
Percent change at annual rate:
Gross domestic product
-0.3
2.7
5.0
1.1
Percentage points at annual rates:
Personal consumption expenditures..
Durable goods
Nondurable goods
Services
0.97
0.36
0.25
0.35
4.05
2.45
0.73
0.87
2.22
-0.55
1.57
1.20
1.30
0.20
-0.12
1.22
Gross private domestic investment..
Fixed investment
Nonresidential
Structures
Equipment and software
Residential
Change in private inventories
-0.81
-0.72
-0.73
0.10
-0.83
0.02
-0.09
-2.88
-1.49
-1.33
-1.12
-0.21
-0.16
-1.39
2.53
-0.07
-0.66
-0.44
-0.22
0.60
2.60
Net exports of goods and services...
Exports
Goods
Services
Imports
Goods
Services
-0.24
-1.94
-1.49
-0.45
1.70
1.17
0.53
-0.28
-0.99
-0.56
-0.42
0.70
0.37
0.33
-0.75
0.33
-0.23
0.56
-1.08
-0.40
-0.68
-1.77
1.07
0.95
0.12
-2.84
-2.83
0
Government consumption expenditures and
gross investment
Federal
National defense
Nondefense
State and local
-0.21
0.07
0.18
-0.11
-0.28
1.85
0.80
0.54
0.26
1.05
1.04
0.47
0.46
0.01
0.56
0.33
0.47
0.33
0.14
-0.14
August 2002
1.19
0.04
-0.18
-0.41
0.24
0.22
1.15
4. Imports of goods and services are included in gross domestic purchases
but not in GDP. Exports of goods and services are included in GDP but not
in gross domestic purchases.
5. The personal saving rate is measured as personal saving as a percentage
of current-dollar disposable personal income. The second-quarter estimate
of the national saving rate (which is measured as gross saving as a percentage of gross national product) will be available at the end of August along
with the "preliminary" estimate of second-quarter GDP.
NOTE. More detailed contributions to percent change in real gross domestic product are shown in NIPA table
8.2. Contributions to percent change in major components of real gross domestic product are shown in tables
8.3 through 8.6.
Table 3. Real Gross Domestic Product by Type of Product
[Seasonally adjusted at annual rates]
Billions of chained (1996) dollars
Percent change from preceding quarter
Change from preceding quarter
Level
2002
II
Gross domestic product
Goods
Services...
Structures
Addenda:
Motor vehicle output
Gross domestic product less motor vehicle output
Final sales of computers
Gross domestic product less final sales of computers
2001
2002
2001
II
I
IV
III
2002
II
I
IV
III
9,387.9
-6.7
62.4
114.4
24.7
-0.3
2.7
5.0
1.1
3,664.8
4,943.4
780.9
-13.8
21.2
-14.9
37.9
38.2
-11.3
72.6
34.1
11.6
-6.0
40.2
-11.2
-1.5
1.8
-7.1
4.3
3.2
-5.6
8.3
2.8
6.1
-0.7
3.3
-5.6
345.7
9,042.7
8.0
-14.0
12.4
51.2
7.9
106.9
5.2
20.1
10.7
-0.6
16.3
2.3
9.9
4.9
6.2
0.9
-5.3
-0.2
28.9
2.6
-7.8
5.1
9.1
1.0
NOTE. See note to table 1 for an explanation of chained (1996) dollar series. Chained (1996) dollar levels and residuals for most items are shown in NIPA table 1.4. Detail on motor vehicle output is shown in NIPA table 8.9B.
August 2002
SURVEY OF CURRENT BUSINESS
increased somewhat, other financial factors specific to
motor vehicle purchases were favorable. Manufacturers
continued to offer sales-incentive programs on a broad selection of new models, and new motor-vehicle prices decreased for the second quarter in a row.
Business purchases of new autos and new light trucks
turned up, and purchases of "other" trucks increased after
nine consecutive decreases.6
Inventory accumulation in the first and second
quarters roughly offset the rapid liquidation in the
fourth quarter of 2001. The inventory-sales ratio for
new domestic autos, which is calculated from units
data, increased to 2.29 in the second quarter from
2.14 in the first. The ratio had hit a 30-year low of
1.71 in the fourth quarter of 2001.
6. "Other" trucks have a gross vehicle weight of over 10,000 pounds; these
trucks range from medium-duty general delivery trucks to heavy-duty diesel
tractor-trailers.
Prices, next page.
Second-Quarter 2002 Advance NIPA Estimates: Source Data and Assumptions
The "advance" estimate for the second quarter is based
on the following major source data; as more and better
data become available, the estimates will be revised. (The
number of months for which data were available is
shown in parentheses.)
Personal consumption expenditures: Sales of retail stores
(3), unit auto and truck sales (3), and consumers' shares
of new-car and new-truck purchases (2);
Nonresidential fixed investment: Unit auto and truck
sales (3), construction put in place (2), manufacturers'
shipments of machinery and equipment other than aircraft (3), shipments of civilian aircraft (2), and exports
and imports of machinery and equipment (2);
Residential investment: Construction put in place (2),
single-family housing starts (3), sales of new houses (3),
and sales of existing houses (3);
Change in private inventories: Trade and nondurable
manufacturing inventories (2), durable manufacturing
inventories other than semiconductors (3), and unit auto
and truck inventories (3);
Net exports ofgoods and services: Exports and imports of
goods and services (2);
Government consumption expenditures and gross investment: Some Federal outlays were available for 2 months,
others for 3, State and local construction put in place (2),
State and local employment (3), and the employment
cost index for the quarter;
GDP prices: Consumer price indexes (3), producer price
indexes (3), U.S. import and export price indexes (3),
and values and quantities of petroleum imports (2).
BEA made assumptions for source data that were not
available. Table A shows the assumptions for key series; a
more comprehensive list is available on BEA's Web site at
<www.bea.gov>.
Table A. Summary of Major Data Assumptions for Advance Estimates, 2002:11
[Billions of dollars, seasonally adjusted at annual rates]
2002
January
Private fixed investment:
Nonresidential structures:
Buildings:
Value of new nonresidential construction put in place..
Equipment and software:
Manufacturers' shipments of complete aircraft....
Residential structures:
Value of new residential construction put in place:
1-unit structures
,.
2-units-or-more
Change in private inventories:
Change in inventories for nondurable manufacturing
Change in inventories for merchant wholesale and retail industries other than motor vehicles
and equipment
Net exports:2
Exports of goods:
U.S. exports of goods, international-transactions-accounts basis
Excluding gold
Imports of goods:
U.S. imports of goods, international-transactions-accounts basis
Excluding gold
Net exports of goods
Excluding gold
Government:
State and local:
Structures:
Value of new construction put in place..
February
April
March
185.6
183.2
178.5
178.6
173.0
173.8
40.1
40.8
43.9
39.1
28.8
29.6
251.6
35.4
260.0
33.9
261.7
33.7
260.7
36.2
260.7
36.2
259.7
36.9
-11.7
-7.9
1.5
0.0
-7.7
2.1
-0.2
-29.4
-12.9
-22.9
9.1
-4.5
660.2
657.7
655.9
653.4
659.7
657.1
682.2
678.8
687.1
683.7
694.3
690.9
1,061.8
1,060.1
-401.6
-402.4
1,092.1
1,090.1
-436.2
-436.6
1,099.0
1,096.6
-^39.2
-439.6
1,164.0
1,160.8
-481.8
-482.1
1,185.5
1,181.8
-498.4
-498.1
1,190.3
1,186.8
-495.9
-495.9
193.0
197.2
183.1
183.5
187.3
185.4
1. Assumption.
2. Nonmonetary gold is included in balance-of-payments-basis exports and imports but is not used directly in the estimation of NIPA exports and imports.
June 1
May
Business Situation
August 2002
Prices
The price index for gross domestic purchases, which
measures the prices of goods and services purchased by
U.S. residents, increased 2.1 percent in the second
quarter after increasing 1.2 percent in the first. The
step-up was more than accounted for by a sharp upturn in the price of energy goods and services. Prices of
gross domestic purchases less food and energy increased 1.3 percent after increasing 1.4 percent (table 4
and chart 2). About 0.3 percentage point of the
first-quarter increase in the price index was accounted
for by a Federal pay raise.7
Prices of personal consumption expenditures (PCE)
increased 2.5 percent after increasing 1.1 percent. Energy prices increased sharply after decreasing, reflecting upturns in the prices of gasoline and oil, of
electricity and gas, and of fuel oil and coal; the swing
was most pronounced in gasoline and oil prices. Food
prices increased less than in the first quarter; the biggest contributor to the slowdown was a downturn in
the price of fresh vegetables. Other PCE prices increased about as much as in the first quarter.
Prices paid by government increased 2.6 percent, a
percentage point less than in the first quarter. Prices
7. In the NIPA's, an increase in the rate of Federal employee compensation
is treated as an increase in the price of employee services purchased by the
Federal Government.
Table 4. Price Indexes
[Percent change at annual rates; based on seasonally adjusted index numbers
(1996=100)]
2001
III
2002
II
I
IV
2.2
-0.5
1.3
1.2
Less: Exports of goods and services
Plus: Imports of goods and services
-1.9
-17.0
-3.8
4.7
-0.8
-1.6
2.6
10.1
Equals: Gross domestic purchases
-0.2
0.4
1.2
2.1
Gross domestic product
paid by the Federal Government slowed sharply after a
first-quarter increase that reflected the annual pay raise
for civilian and military personnel. Prices paid by State
and local governments increased 3.0 percent after increasing 1.1 percent.
Prices of private nonresidential fixed investment decreased for the fourth consecutive quarter. Prices of
nonresidential structures were unchanged, as modest
increases in the prices of most types of structures were
offset by a drop in the price index for oil and gas well
exploration and drilling. Prices of equipment and software decreased 1.5 percent—about the same as in each
of the preceding four quarters. Prices of information
processing equipment and software decreased somewhat less than in the first quarter, while prices of transportation equipment decreased somewhat more.
Prices of residential investment increased after no
change. Prices of single-family and multifamily structures turned up, and prices of "other" structures increased more than in the first quarter.
The GDP price index, which measures the prices
paid for goods and services produced in the United
States, increased 1.2 percent—0.9 percentage point less
than the price index for gross domestic purchases. The
GDP index, unlike the index for gross domestic purchases, includes the prices of exports and excludes the
prices of imports. Import prices and export prices both
increased in the second quarter, but the increase in import prices (which was dominated by petroleum
prices) was much more pronounced.
CHART 2
Less: Change in private inventories
Equals: Final sales to domestic purchasers
-0.1
0.5
1.1
2.2
Personal consumption expenditures
Durable goods
Nondurable goods
Services
-0.1
-2.7
-1 4
1.1
0.8
-1.5
-3.5
3.5
1.1
-4.2
0.2
2.7
2.5
-2.9
4.6
2.7
Private fixed investment
Nonresidential
-0.2
-1.1
-0.3
-1.5
2.5
-0.1
-1.6
-1.6
-1.6
3.7
-1.5
-2.0
-3.6
-1.5
0
-0.2
-1.2
0
-1.5
2.1
-0.3
0.5
0.6
0.4
-0.8
-0.3
-0.4
-1.1
0.7
-0.3
3.6
8.4
7.3
10.4
1.1
2.6
1.9
1.7
2.4
3.0
3.5
-21 6
0.6
2.3
-33.0
2.0
2.4
-87
1.4
0.4
30.0
1.3
3.5
-21.3
0.7
2.4
-32.1
2.7
2.4
-9.1
1.4
05
29.5
1.7
Equipment and software
Residential
Government consumption expenditures and
gross investment
National defense
Nondefense
State and local
Addenda:
Gross domestic purchases:
Food
Less food and energy
Personal consumption expenditures:
Energy goods and services'
Less food and energy
1. Consists of gasoline, fuel oil. and other energy goods and of electricity and gas.
NOIE. Percent changes in major aggregates are shown in NiPA table 8.1. Index numbers are shown in tables
7.1,7.2, and 7 4.
Gross Domestic Purchases Prices:
Change From Preceding Quarter
Percent
1999
2000
2001
Note-Percent change at annualratefrom preceding quarter;
based on seasonally adjusted index numbers (1996=100).
U.S. Bureau of Economic Analysis
2002
August 2002
SURVEY OF CURRENT BUSINESS
Personal Income
Real disposable personal income (DPI) increased 3.8
percent after increasing 14.6 percent. Personal income,
which is only available in current dollars, increased
about the same as in the first quarter, but personal tax
payments fell much less than in the first quarter (chart
3 and table 5).
An upturn in personal interest income and a
step-up in rental income of persons were roughly offset by a slowdown in transfer payments and a downturn in farm proprietors' income.
The upturn in interest income mainly reflected
faster accumulation of interest-bearing assets. The increase in interest income was the first since the fourth
quarter of 2000. The step-up in rental income primarily reflected a slowdown in expenses, specifically, in
closing costs associated with mortgage originations.
The slowdown in transfer payments followed a
sharp acceleration in the first quarter when cost-of-
living adjustments boosted payments for social security and other Federal programs. The downturn in
farm proprietors' income reflected a downturn in crop
and livestock prices.
Wage and salary disbursements increased a little
more than in the first quarter. A step-up in disbursements in private industries was mostly offset by a slowdown in government.
Personal contributions for social insurance, which is
subtracted in calculating personal income, increased
less than in the first quarter, when the social security
taxable earnings base increased from $80,400 to
$84,900 and the premium for Medicare supplementary
medical insurance increased from $50 per month to
$54 per month.
Personal tax and nontax payments decreased much
less than in the first quarter. In the first quarter, Federal withholding had been reduced as a result of the
10-percent tax bracket and other provisions of the Eco-
CHART 3
Table 5. Personal Income and Its Disposition
Selected Personal Income and
Saving Measures
[Billions of dollars; seasonally adjusted at annual rates]
Change from preceding quarter
Level
Billion $
2002
300
III
IV
I
II
5,001.3
4.153.1
1,122.4
767.2
1,113.5
1,917.3
848.2
-3.1
-14.4
-10.0
-13.7
-1.5
-3.0
11.3
-22.3
-30.4
-16.7
-13.5
-12.2
-1.5
8.1
33.8
18.6
-1.1
-4.1
7.3
12.5
15.2
36.1
28.3
0.2
1.4
7.6
20.5
7.8
Other labor income
603.6
4.2
3.9
14.5
12.8
Proprietors' income with IVA and CCAdj
Farm
Nonfarm
750.2
8.6
741.6
5.8
0.9
4.9
-1.1
-0.1
-1.0
17.1
2.5
14.6
1.8
-13.1
14.9
Personal interest income
154.6
430.3
1 085 2
6.5
5.0
-10.8
-1.5
6.3
-13.5
2.0
6.4
-3.0
13.3
6.6
15.3
Transfer payments to persons
1 2801
23.4
22.5
47.0
28.1
383.8
0.9
-0.4
8.2
2.9
8,921.5
30.0
-5.3
109.5
111.1
II
240
Wage and salary disbursements
Private industries
Manufacturing
Distributive industries
Service industries
Government
180
120
Rental income of persons with CCAdj
Percent
20 CHANGE IN REAL DISPOSABLE PERSONAL INCOME
10
n
...ll II.
01 1
|
m
Percent
1.
2000
2001
Personal income
Less: Personal tax and nontax payments
1,131.7
-154.2
127.8
-167.6
-10.4
Equals: Disposable personal income
7,789.8
184.2
-133.0
277.1
121.5
Less: Personal outlays
7,481.9
23.5
107.6
66.7
85.6
307.9
160.6
-240.7
210.5
35.9
in private wages and salaries:
Effects of the September 11 terrorist attacks
0
-3.3
3.3
0
0
In government wages and salaries:
Federal pay raise
Effects of the September 11 terrorist attacks
9.0
3.5
0
0.9
0
2.8
8.4
-0.5
0.6
0.3
Addenda: Special factors in personal income:
In transfer payments to persons:
Social security retroactive payments
Cost-of-living adjustments in Federal transfer
programs
Correction for error in indexing for social
security and supplemental security income
benefits
2002
Note-Changes are from preceding quarter; based on seasonally adjusted annual
rates.
U.S. Bureau of Economic Analysis
Less: Personal contributions for social insurance...
Equals: Personal saving
Iliiilllnl
1999
2002
2001
0
0
1.8
-1.8
0
13.5
0
0.7
12.8
0
01
42
-3 7
-05
01
-42.9
-1.1
0
4.6
0
2.2
-42.6
-0.2
-0.3
0.2
In personal tax and nontax payments:
Relunds and State tax law changes
NOTE. Most dollar levels are in NIPA table 2.1.
IVA Inventory valuation adjustment.
CCAdj Capital consumption adjustment.
Business Situation
nomic Growth and Tax Relief and Reconciliation Act
of 2001 and as a result of the indexation provisions of
the current tax law; Federal nonwithheld taxes (payments of estimated taxes plus final settlements less refunds) had been reduced on the basis of Federal budget
August 2002
projections for 2002. A first-quarter decrease in State
and local income taxes had reflected adjustments to account for anticipated lower nonwithheld taxes for 2002
and to account for the effects of Federal income tax law
changes.
August 2002
Annual Revision of the
National Income and Product Accounts
Annual Estimates, 1999-2001
Quarterly Estimates, 1999:1-2002:1
By Eugene P. Seskin and Stephanie H. McCulla
I
N this issue of the SURVEY OF CURRENT BUSINESS, the Bu0.3 percent to -1.6 percent for the second quarter of
reau of Economic Analysis (BEA) presents revised
2001, and was revised up from ~1.3 percent to -0.3
estimates of the national income and product accounts
percent for the third quarter of 2001.
(NIPA's) for 1999-2001 and the first quarter of 2002.1
• For 2001, personal income was revised down 0.4
As is usual in annual NIPA revisions, these estimates
percent. Wages and salaries was revised down 2.9
incorporate newly available source data that are more
percent, and personal interest income was revised
complete, more detailed, and otherwise more approup 9.8 percent.
priate than those that were previously incorporated.
•Both the revised and the previously published estimates show that the slowdown in real GDP growth
Both the revised and the previously published estibegan in the second half of 2000, that the contracmates show similar quarterly patterns of growth in real
tion in 2001 was mild, and that the trough was in
gross domestic product (GDP) in 1999 and 2000.
the third quarter of 2001.
However, the revised estimates show that GDP declined in each of the first three quarters of 2001,
• Both sets of estimates show that the major contribuwhereas the previously published estimates showed
tors to the slowdown in real GDP growth from 2000
positive, albeit decelerating, growth in the first two
to 2001 were downturns in investment spending
quarters of 2001 and a decline in the third quarter.
and exports and a slowdown in consumer spending.
Both sets of estimates show GDP growth resuming in
The contributions of these components were partly
the fourth quarter of 2001.
offset by a downturn in imports (which are subtracted in calculating GDP).
Additional highlights of this year's annual revision
are the following:
This annual revision features several important
•The growth rate of real GDP from 1998 to 2001 was changes in methodology.
revised down from 3.1 percent to 2.7 percent. The
•A new methodology and revision schedule for the
largest contributors to the downward revision were
quarterly estimates of wages and salaries and related
downward revisions to the growth in personal conincome-side components will enable the more
sumption expenditures (PCE) and nonresidential
timely incorporation of the comprehensive wage
fixed investment.
and salary tabulations of employees covered by State
• For 2001, the revised estimates show that real GDP
unemployment insurance from the Bureau of Labor
grew 0.3 percent; the previous estimate was 1.2 perStatistics (BLS). This change will reduce annual
cent. Most of the revision was accounted for by
revisions to wages and salaries and thus provide
slower growth of PCE and by larger declines in nonmore timely and reliable information to budget
residential fixed investment and in inventory investforecasters and other data users. (See the box "Reviment.
sions to Wages and Salaries and to Profits" on page
•The percent change at an annual rate in real GDP
24.)
was revised down from 1.3 percent to -0.6 percent
• Several new price indexes have been introduced to
for the first quarter of 2001, was revised down from
improve the real estimates of PCE, of foreign transactions, and of Federal Government spending (con1. For information about the structure, definitions, presentation, and
sumption expenditures and gross investment).
methodologies that underlie the NIPA's, go to BEA's Web site at
The
first section of this article discusses the impact
<www.bea.gov>, click on "Methodologies," and under "National proof the revisions on key NIPA measures of economic
grams," see "An Updated Guide to the NIPA's."
Annual Revision of the NIPA's
activity, and the second section provides a summary of
the revisions and the major source data underlying
them. The third section describes the changes in the
methodology used to prepare the estimates and a
change in the presentation of the NIPA tables. Appendix A shows, in current dollars, the revised annual estimates and the revisions for the five summary accounts
of the NIPA's. Tables presenting most of the revised
monthly, quarterly, and annual NIPA estimates and the
"advance" estimates for the second quarter of 2002 follow this article. In addition, tables presenting historical
estimates for GDP and other major NIPA series from
1929 forward begin on page 123.
Impact of the Revisions
According to the revised estimates, the economy grew
at a slower rate than that indicated by the previously
published estimates: From the fourth quarter of 1998
to the first quarter of 2002, the average annual rate of
change in real GDP was revised down 0.4 percentage
point to 2.4 percent (table 1). In the revised estimates,
PCE, equipment and software, imports of goods, and
residential fixed investment were weaker; imports of
services, nonresidential structures, and Federal nondefense spending were stronger; and change in private in-
August 2002
ventories, exports of goods and services, Federal
defense spending, and State and local spending were
little revised.
From its cyclical trough in the first quarter of 1991
to its peak in the fourth quarter of 2000, GDP expanded at an average annual rate of 3.5 percent (unrevised
from the previous estimate). After the fourth-quarter
peak, real GDP decreased a total of 0.6 percent (0.8
percent at an average annual rate) in the first three
quarters of 2001. GDP then increased 2.7 percent in
the fourth quarter of 2001 and 5.0 percent in the first
quarter of 2002 (annual rates). The previous estimates
had shown that GDP decreased a total of 0.3 percent
(1.3 percent at an annual rate) and that the decrease
occurred in only a single quarter—the third quarter of
2001; it then increased 1.7 percent in the fourth quarter of 2001 and 6.1 percent in the first quarter of 2002
(annual rates).
For 1999, the percent change in real GDP from the
preceding year was unrevised at 4.1 percent (chart 1).
For 2000 and 2001, the percent changes were revised
down: From 4.1 percent to 3.8 percent for 2000 and
from 1.2 percent to 0.3 percent for 2001. (In the annual
NIPA revisions since 1979, the revisions to the annual
estimates of real GDP—without regard to sign—have
Table 1. Real GDP and Its Major Components: Change From 1998:IV to 2002:1
[Billions of chained (1996) dollars, seasonally adjusted annual rates]
Previously published
Revised
Change for
1998:IV-2002:l
1998:IV
2002:1
Dollars
8,667.9
9,488.6
820.7
Personal consumption expendituresDurable goods
Nondurable goods
Services
5,784.7
767.3
1,715.3
3,307.6
6,593.5
996.8
1,931.1
3,692.6
808.8
229.5
215.8
385.0
Gross private domestic investment..
Fixed investment
Nonresidential
Structures
Equipment and software
Residential
Change in private inventories
1,612.1
1,531.7
1,175.4
265.1
912.9
357.4
80.0
1,599.5
1,618.8
1,225.3
234.2
1,005.9
389.0
-27.7
-12.6
87.1
49.9
-30.9
93.0
31.6
-107.7
Net exports of goods and services...
Exports
Goods
Services
Imports
Goods
Services
-239.2
1,025.6
742.8
283.3
1,264.8
1,070.6
194.6
-434.5
1,029.3
736.4
291.9
1,463.8
1,256.5
206.4
-195.3
Government consumption expenditures and gross investment...
Federal
National defense
Nondefense
State and local
1,504.8
531.7
345.8
185.8
972.8
1,690.9
590.7
389.2
201.6
1,099.8
Addenda:
Final sales of domestic product..
Gross domestic purchases
Gross national product
Gross domestic income
8,588.5
8,896.6
8,662.0
8,700.3
9,501.6
9,896.2
9,475.3
9,644.2
Gross domestic product
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quan-
Percent
(annual
rate)
2.8
4.1
8.4
3.7
3.4
-0.2
1.7
1.3
-3.7
3.0
2.6
3.7
0.1
-6.4
-0.3
8.6
186.1
59.0
43.4
15.8
127.0
0.9
4.6
5.1
1.8
3.7
3.3
3.7
2.5
3.8
913.1
999.6
813.3
943.9
3.2
3.3
2.8
3.2
199.0
185.9
11.8
Revision in change
Change for
1998:IV-2002:l
2002:1
Dollars
9,363.2
695.3
6,513.8
975.9
1,921.4
3,642.2
729.1
208.6
206.1
334.6
1,554.0
1,576.4
1,188.4
243.2
953.7
383.6
-28.9
-58.1
44.7
13.0
-21.9
40.8
26.2
-108.9
-446.6
1,030.6
738.1
292.2
1,477.1
1,250.0
225.5
-207.4
1697.3
597.8
388.5
209.3
1099.3
9,379.4
9,778.2
9,367.5
9,470.4
Percent
(annual
rate)
2.4
3.7
7.7
3.6
3.0
-125.4
-0.4
-79.7
-20.9
-9.7
-50.4
-0.4
-0.7
-0.1
-0.4
-1.1
-45.5
-42.4
-36.9
-0.9
-0.8
-1.0
0.9
0.3
-2.6
9.0
1.1
1.4
2.2
-52.2
-5.4
-1.2
-1.6
-0.4
-12.1
5.0
0.1
-4.7
-0.2
8.9
192.5
66.1
42.7
23.5
126.5
1.0
4.9
4.9
4.6
3.8
3.7
3.6
3.7
3.8
790.9
881.6
705.5
770.1
2.7
2.9
2.4
2.6
212.3
179.4
30.9
Percentaae
points
Dollars
1.3
1.7
0.3
13.3
-6.5
19.1
0.0
0.1
0.1
0.3
-0.2
6.4
7.1
2.8
0.1
0.4
-0.7
-0.1
7.7
-0.5
1.2
0.0
-122.2
-118.0
-107.8
-173.8
-0.5
-0.4
-0.4
-0.6
tity indexes uses the weights of more than one period, the corresponding chained-dollar estimates are usually
not additive.
August 2002
SURVEY OF CURRENT BUSINESS
averaged 0.3 percentage point.)
On a fourth-quarter-to-fourth-quarter basis, the increase in real GDP during 1999 was revised down from
4.4 percent to 4.3 percent, the increase during 2000
was revised down from 2.8 percent to 2.3 percent, and
the increase during 2001 was revised down from 0.5
percent to 0.1 percent.
The revisions to the quarterly estimates of the percent change in real GDP for 2001 were particularly notable: For the first quarter, down 1.9 percentage points
to -0.6 percent; for the second quarter, down 1.9 percentage points to -1.6 percent; for the third quarter, up
1.0 percentage point to -0.3 percent; and for the fourth
quarter, up 1.0 percentage point to 2.7 percent. In
terms of indicating whether the economy was picking
up or slowing down, the revised estimates for 1999 and
2000 mirror the previously published estimates for all
eight quarters. Both the revised and previously published estimates also show a pickup in growth in the
first quarter of 2002.2
The revised estimates show about the same rate of
increase in prices as that shown by the previously published estimates. From the fourth quarter of 1998 to
the first quarter of 2002, the average annual rate of increase in the price index for gross domestic purchases
was unrevised at 1.8 percent, and the average annual
rate of increase in the GDP price index was unrevised
2. For an analysis of the reliability of the estimates of real GDP, see Dennis
J. Fixler and Bruce T. Grimm, "Reliability of GDP and Related NIPA Estimates," SURVEY 82 (January2002): 9-27.
Table 2. Chain-Type Price Indexes:
Change from 1998:1V to 2002:1
Percent change for
1998:IV-2002:l
(annual rate)
Revised
Gross domestic product
Less* Exports of goods and services
Plus: Imports of goods and services
1.9
0.2
-0.1
1.9
-0.2
0.1
0.0
-0.4
0.2
Equals: Gross domestic purchases
1.8
1.8
0.0
Personal consumption expenditures
Durable goods
Nondurable goods
Services
1.9
-2.1
2.0
2.7
1.9
-2.2
2.0
2.7
0.0
-0.1
0.0
0.0
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Equipment and software
Residential
Change in private inventories
0.4
0.5
-0.6
3.3
-1.9
3.6
0.6
0.6
-0.5
2.8
-1.5
3.8
0.2
0.1
0.1
-0.5
0.4
0.2
2.7
2.5
2.5
2.5
2.9
2.8
2.7
2.5
3.0
2.9
0.1
0.2
0.0
0.5
0.0
1.9
1.9
1.9
1.9
0.0
0.0
Addenda:
Final sales of domestic product
Gross national product
Percent changes
REAL GROSS DOMESTIC PRODUCT
^M
Previously published
Revised
GROSS DOMESTIC PURCHASES PRICE INDEX
1996
1997
1998
1999
2000
2001
U.S. Bureau of Economic Analysis
at 1.9 percent (table 2). The percent change from the
preceding year for the price index for gross domestic
purchases was unrevised at 1.5 percent for 1999, was
revised down 0.1 percentage point to 2.5 percent for
2000, and was revised up 0.2 percentage point to 1.9
percent for 2001 (chart 1).
Summary of the Revisions
Revision in
change
(percentage points)
Previously
published
Government consumption expenditures and
gross investment
Federal
National defense
Nondefense
State and local
Revisions to Annual Percent Changes
in Featured Measures
In general, the annual revisions to real GDP reflect
four factors: (1) Revisions to the current-dollar components of GDP for which chained-dollar estimates are
prepared by deflation, (2) revisions to the prices used
in deflation, (3) revisions to the quantities used to estimate components of real GDP by extrapolation or direct valuation, and (4) revisions resulting from the use
of revised and updated weights in the calculation of
real GDP.3 In this year's annual revision, the first factor
accounted for most of the revisions.
The first part of this section describes the revisions
to the percent changes in the annual estimates of real
GDP and its major components, and the second part
3. For the GDP components for which chained-dollar estimates are prepared by extrapolation or by direct valuation, the current-dollar and
chained-dollar estimates are based on independent source data; consequently, the corresponding revisions are unrelated. For a list of these components, see table 2 in "Updated Summary NIPA Methodologies," SURVEY
81 (October 2001): 18-41; an updated version of table 2 will be published
in the October 2002 SURVEY.
Annual Revision of the NIPA's
10
describes the revisions to the quarterly estimates. The
third part describes the revisions to the current-dollar
NIPA estimates and discusses the sources of these revisions. The fourth part describes the revisions to the
annual price estimates.
Annual real GDP estimates
The annual percent change in real GDP was unrevised
at 4.1 percent for 1999, was revised down 0.3 percentage point to 3.8 percent for 2000, and was revised
down 0.9 percentage point to 0.3 percent for 2001 (table 3).
For 2000, the largest contributors to the downward
revision to real GDP growth were fixed investment in
equipment and software, PCE for nondurable goods,
and PCE for durable goods; the contributions of these
components were partly offset by an upward revision
to change in private inventories. For 2001, the largest
contributors to the downward revision to real GDP
growth were PCE for services, equipment and software
investment, change in private inventories, and State
August 2002
and local consumption expenditures and gross investment; the contributions of these components were
partly offset by an upward revision to Federal nondefense consumption expenditures and gross investment.
Revisions to the components of real GDP. The annual percent change in real PCE was revised down for
all 3 years: 0.1 percentage point to 4.9 percent for 1999,
0.4 percentage point to 4.4 percent for 2000, and 0.6
percentage point to 2.5 percent for 2001 (table 4). For
1999, the downward revision was primarily accounted
for by PCE for durable goods, particularly motor vehicles and parts. For 2000, the revision reflected downward revisions to all three major components of PCE:
PCE for nondurable goods (mainly "other" nondurable goods and clothing and shoes), PCE for durable
goods (widespread), and PCE for services (mainly
housing services, medical care, and "other" services).
For 2001, the revision was primarily accounted for by a
large downward revision to PCE for services (mainly
"other" services).
The change in nonresidential fixed investment was
Acknowledgments
Brent R. Moulton, Associate Director for National In- David B. Wasshausen, Randal T. Matsunaga, Nadia F.P.
come, Expenditures, and Wealth Accounts, supervised Sadee, Todd P. Siebeneck, Linden L. Webber.
Federal Government: Pamela A. Kelly, W. Robert Armthe preparation of this year's annual revision of the
national income and product accounts. Carol E. Moylan, strong, Peter G. Beall, Maryan M. Chirayath, Christopher
Chief of the National Income and Wealth Division, and G. Falcone, Doris N. Johnson, Raymen G. LaBella,
Brooks B. Robinson, Chief of the Government Divi- Andrea L. Meacham, Claire G. Pitzer, Michelle D. Robinsion, directed major parts of the revision. David F. Sulli- son, Jay M. Rogers, Mary L. Roy, Shelly Smith, Benyam
van—assisted by Arnold J. Katz, Janet H. Kmitch, Tsehaye, Andrew E. Vargo, Ann M. Weidman.
State and local government: Bruce E. Baker, Steven J.
Stephanie H. McCulla, Karin E. Moses, Ann M. Weidman, and Ernest D. Wilcox—coordinated and conducted Andrews, Benjamin D. Cowan, Eric C. Erickson, Janet H.
Kmitch, Michael A. Mascaro, Donald L. Peters.
the estimation and review process.
Chain-type quantity and price measures: Michael J.
Eugene P. Seskin and Stephanie H. McCulla wrote the
article. Duane G. Hackmann, Nicole Mayerhauser, and Boehm, Karl V. Rohrer.
Personal income: Kurt Kunze, Thae S. Park, Toui C.
Teresa L. Weadock prepared analyses and other review
materials for both the article and the news release. Mary Pomsouvan.
Employee compensation: Kurt Kunze, Kathryn M. ColCarol Barron, Michael J. Boehm, James J. Raley III, John
Sporing, Jr., Mary D. Young, and Alexander J. Yuskavage lins, M. Terri Davenport, Mollie B. Knight, James E.
developed and operated the computer systems that were Rankin, Ernest D. Wilcox.
Business income: Kenneth A. Petrick, Willie J. Abney,
used to compile, check, analyze, and report the final estimates. Wanda Y. Chambers prepared review materials for Scott Okrent, Jerry L. Stone, Garth K. Trinkl.
Property income: George M. Smith. Farm output and
selected Federal Government estimates.
Other BEA staff who made significant contributions to income: Bonnie A. Retus. Interest income: Shaunda M.
Villones. Rental income of persons and housing output:
the revision are listed below.
Personal consumption expenditures: Clinton P. McCully. Denise A. McBride.
Goods: M. Greg Key, Harvey L. Davis, Jr., Everette P.
Consumption of fixed capital: Paul R. Lally. Private:
Johnson, Ralph W. Morris. Services: Michael Armah, Michael D. Glenn, Leonard J. Loebach, Dennis R. Weikel.
Waqaas Fahmawi, Robert N. Ganz III, Jerome T. Grz- Government: D. Timothy Dobbs, Jennifer A. Bennett,
eskiewicz, Jr., Farah Naz.
Charles S. Robinson.
Investment and Foreign transactions: Paul R. Lally.
NIPA information: Marilyn E. Baker, Virginia H. ManInventories and structures: Jennifer A. Ribarsky, Debra M. nering, Teresa L. Weadock.
Blagburn, Velma P. Henry, Christopher Lucas, Tony Troy.
Secretarial and program assistance: Adrienne M. Burch,
Foreign transactions, equipment, software, and prices: Esther M. Carter, Katherine Dent, Angela P. Pointer.
August 2002
11
SURVEY OF CURRENT BUSINESS
processing equipment and software and to transportation equipment. Within nonresidential structures, the
downward revision primarily reflected downward revisions to nonresidential buildings and to utilities.
The change in residential investment was unrevised
at 6.7 percent for 1999, was revised up 0.3 percentage
point to 1.1 percent for 2000, and was revised down 1.2
percentage points to 0.3 percent for 2001. For 2001, the
revision was mostly accounted for by "other" structures, specifically, by improvements to residential
revised down for all 3 years: 0.1 percentage point to 8.1
percent for 1999, 2.1 percentage points to 7.8 percent
for 2000, and 2.0 percentage points to -5.2 percent for
2001. For 2000, the revision was more than accounted
for by a downward revision to equipment and software
(mainly computers and peripheral equipment). For
2001, both equipment and software and, to a lesser extent, nonresidential structures contributed to the revision. Within equipment and software, the revision
primarily reflected downward revisions to information
Table 3. Revisions to Contributions to Percent Change in Real GDP
1999
1998
2000
2001
PreviPreviPreviously
ously
Revised Revision
ously
Revised Revision
Revised Revision
published
published
published
Percent change at annual rate:
4.3
4.1
4.1
0.0
4.1
3.8
-0.3
1.2
0.3
-0.9
3.18
0.80
0.81
3.35
3.30
0.92
-0.05
-0.05
-0.02
0.02
0.01
0.00
0.00
0.03
-0.03
0.00
0.00
-0.03
0.02
3.28
0.77
0.94
1.57
2.94
-0.34
-0.12
-0.17
-0.06
2.10
0.54
0.36
1.19
1.67
0.48
-0.43
-0.06
0.03
-0.39
-0.11
-0.25
-0.27
0.01
-0.28
0.01
0.15
-1.41
-0.33
-0.40
0.02
-0.42
0.07
-1.08
-1.90
-0.65
-0.66
-0.05
-0.61
0.01
-1.24
0.04
0.03
0.00
0.02
0.02
0.00
0.02
-0.12
-0.18
-0.49
-0.44
-0.06
0.37
0.33
0.04
0.63
-0.59
-0.47
Gross domestic product
Percentage points at annual rates:
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Equipment and software
Residential
Change in private inventories
1.57
1.96
1.80
1.49
...
Goods
Services
Government consumption expenditures and gross investment
Federal
National defense
Nondefense
State and local
0.91
1.47
1.14
1.29
1.01
-0.07
1.08
0.28
-0.15
1.15
1.29
1.01
-0.04
1.05
0.28
-0.15
-1.20
0.24
0.17
0.07
-1.44
-1.20
-0.24
-0.98
0.35
0.30
0.05
-1.01
0.37
-1.33
-1.31
-0.02
-1.38
-1.29
0.34
-0.05
-0.07
0.02
0.58
0.13
0.08
0.05
0.44
0.21
Net exports of goods and services
Exports
Goods
Services
Imports
0.97
0.93
1.45
1.27
0.32
0.15
0.39
0.29
0.08
-0.09
0.68
0.14
0.09
0.06
0.54
1.19
1.28
1.25
0.19
1.06
0.04
-0.09
-0.79
1.01
0.85
0.17
-1.81
-0.01
0.03
-0.05
0.02
-0.07
0.10
0.01
0.01
0.01
0.10
-1.54
-0.26
0.47
0.10
0.00
0.10
0.37
0.65
0.77
1.51
1.08
1.03
0.98
0.20
0.78
0.05
0.06
-0.75
1.04
0.85
0.19
-1.79
-1.54
-0.24
0.49
0.08
0.00
0.08
0.41
0.02
-0.02
0.00
-0.02
0.04
0.16
0.18
-0.02
0.47
0.39
0.80
-0.13
0.42
0.40
0.01
0.65
0.29
0.19
0.10
0.36
-0.49
-0.32
-0.26
-0.07
-0.19
-0.06
-0.16
-0.06
-0.10
-0.03
-0.07
0.05
0.07
-0.03
0.02
0.13
0.01
0.12
-0.11
Table 4. Revisions to Percent Change in Real GDP
[Percent change from preceding year]
1999
1998
Gross domestic product
Personal consumption expenditures..
Durable goods
Nondurable goods
Services
4.3
4.8
10.5
4.1
4.0
Previously
published
Revised Revision
Previously
published
Revised Revision
4.1
0.0
4.1
3.8
-0.3
1.2
0.3
-0.1
-0.7
0.0
0.0
0.0
4.8
9.5
4.7
4.0
7.6
9.9
6.2
11.1
0.8
4.4
8.2
3.9
3.8
6.1
7.8
6.5
8.2
1.1
-0.4
-1.3
-0.8
-0.2
-1.5
-2.1
3.1
6.7
1.8
3.0
2.5
6.0
2.0
2.0
-2.0
0.3
-2.9
0.3
-AA
1.5
-3.8
-5.2
-1.7
-6.4
0.3
0.2
-0.1
0.9
0.4
-0.2
3.1
0.6
0.1
0.0
0.4
0.8
9.5
11.3
5.3
13.4
9.7
11.3
6.0
0.2
0.0
0.7
-0.2
0.0
-1.0
-4.5
-5.6
-1.9
-2.7
-2.8
-2.6
-5.4
-5.9
-4.0
-2.9
-3.3
-0.5
0.0
-0.4
-0.2
3.6
2.7
4.7
-0.9
4.0
3.7
4.8
5.0
4.5
3.1
7.8
8.2
-2.0
11.8
6.7
Net exports of goods and services..
Exports
Goods
Services
Imports
Goods
Services
2.1
2.1
2.3
11.8
11.7
11.9
Government consumption expenditures and gross investment..
Federal
National defense
Nondefense
State and local
1.9
-0.8
-1.8
1.1
3.4
3.2
3.9
1.6
10.5
12.4
1.1
3.3
2.2
?-1
2.3
3.9
3.4
3.8
2.5
10.9
12.2
4.2
3.9
2.3
2.1
2.7
4.7
Structures
Equipment and software
Residential
Revised Revision
5.0
12.5
4.7
3.7
11.4
12.5
6.8
14.6
8.0
Nonresidential
Previously
published
2001
4.1
4.9
11.8
4.7
3.7
7.8
8.1
-1.3
11.5
6.7
Gross private domestic fixed investment....
2000
-0.1
0.7
-0.3
0.0
-3.2
0.9
-0.9
-0.6
-0.7
0.2
-1.0
-1.8
-2.0
-2.6
-2.0
-1.2
Change in private inventories
13.5
12.6
2.7
1.7
0.1
4.6
3.2
13.2
13.5
11.6
2.7
1.3
-0.1
3.6
3.5
-1.0
0.3
-0.9
-0.3
-2.1
-0.2
-0.5
2.1
0.1
2.1
0.3
5.4
-0.9
Annual Revision of the NIPA's
12
structures.
The change in private inventories was revised up for
all 3 years: $0.7 billion (chained 1996 dollars) for 1999,
$14.4 billion for 2000, and $0.3 billion for 2001. For
2000, nonfarm inventory investment more than accounted for the revision.
The change in exports of goods and services was revised up 0.2 percentage point to 3.4 percent for 1999,
was revised up 0.2 percentage point to 9.7 percent for
2000, and was revised down 0.9 percentage point to
-5.4 percent for 2001. For 1999, an upward revision to
exports of services was partly offset by a downward revision to exports of goods. For 2000, an upward revision to exports of services accounted for most of the
revision. For 2001, both exports of services and exports of goods were revised down.
The change in imports of goods and services was revised up 0.4 percentage point to 10.9 percent for 1999,
was revised down 0.2 percentage point to 13.2 percent
for 2000, and was revised down 0.2 percentage point to
-2.9 percent for 2001. For 1999, an upward revision to
imports of services was partly offset by a downward revision to imports of goods. For 2000, the revision was
mostly accounted for by a downward revision to imports of services. For 2001, a downward revision to imports of goods was partly offset by an upward revision
to imports of services.
The change iin government consumption expenditures and gross investment was revised up 0.6 percentage point to 3.9 percent for 1999, was unrevised at 2.7
percent for 2000, and was revised up 0.1 percentage
point to 3.7 percent for 2001. For 1999, an upward revision to State and local government consumption ex-
August 2002
penditures accounted for most of the revision. For
2001, an upward revision to Federal nondefense consumption expenditures was largely offset by a downward revision to State and local government consumption expenditures and gross investment.
Quarterly estimates
Revisions to the quarterly (and monthly) NIPA estimates reflect the revisions to the annual estimates that
resulted from the incorporation of newly available annual source data, the incorporation of new and revised
monthly and quarterly source data (including the updating of seasonal factors that are used to indicate
quarterly patterns), and the introduction of changes in
methodology (see the section "Changes in Methodology").
For real GDP, the revisions to the 13 quarterly percent changes (at annual rates) averaged 0.9 percentage
point (without regard to sign). In the annual NIPA revisions since 1979, the revisions to the quarterly estimates have averaged 0.7 percentage point.
The largest downward revisions to the percent
changes in real GDP were 1.9 percentage points for the
first and second quarters of 2001 (table 5 and chart 2).
For the first quarter, the GDP growth rate was revised
down to -0.6 percent; the largest contributors to the
revision were change in nonfarm private inventories,
exports of goods and services, PCE for services, and
nonresidential investment in structures. For the second quarter, the growth rate was revised down to -1.6
percent; the largest contributors to the revision were
change in nonfarm inventories, PCE for services, residential investment, and imports of services.
Table 5. GDP, Real GDP, the GDP Price Index, and the Gross Domestic Purchases Price Index:
Revisions to Percent Change From Preceding Quarter
[Percent change at annual rates; based on seasonally adjusted annual rates]
GDP
Previously
published
Revised Revision
Previously
published
Gross domestic
purchases price index
GDP price index
Real GDP
Revised Revision
6.7
Previously
published
Revised Revision
Previously
published
Revised Revision
1.2
1.1
1998:1V
7.8
19991
4.9
3.0
6.1
10.0
4.9
3.5
6.5
8.9
0.0
0.5
0.4
-1.1
3.1
1.7
4.7
8.3
3.0
2.0
5.2
7.1
-0.1
0.3
0.5
-1.2
1.7
1.4
1.4
1.8
1.8
1.5
1.2
1.7
0.1
0.1
-0.2
-0.1
1.5
2.0
2.0
2.2
1.4
2.1
1.9
2.2
-0.1
0.1
-0.1
0.0
6.3
8.0
3.3
3.7
5.7
7.3
2.2
3.2
-0.6
-0.7
-1.1
-0.5
2.3
5.7
1.3
1.9
2.6
4.8
0.6
1.1
0.3
-0.9
-0.7
-0.8
3.8
2.1
1.9
1.8
3.1
2.3
1.6
2.1
-0.7
0.2
-0.3
0.3
4.2
1.9
2.3
1.7
3.7
2.2
2.2
2.1
-0.5
0.3
-0.1
0.4
4.6
2.4
0.9
1.5
3.0
0.9
1.9
2.2
-1.6
-1.5
1.0
0.7
1.3
0.3
-1.3
1.7
-0.6
-1.6
-0.3
2.7
-1.9
-1.9
1.0
1.0
3.3
2.1
2.3
-0.1
3.7
2.5
2.2
-0.5
0.4
0.4
-0.1
-0.4
2.7
1.3
-0.1
0.5
3.3
1.7
-0.2
0.4
0.6
0.4
-0.1
-0.1
7.5
6.5
-1.0
6.1
5.0
-1.1
1.2
1.3
0.1
1.1
1.2
0.1
II
III
IV
20011
II
III
IV
2001:1
II
Ill
IV
2002:1
August 2002
SURVEY OF CURRENT BUSINESS
13
spending accounted for most of the revision.
Annual current-dollar estimates
Table 6 summarizes the current-dollar revisions to major NIPA components. It shows the subcomponent series for which revisions were $4.0 billion or more
(absolute value) for any of the 3 years covered by this
REAL GROSS DOMESTIC PRODUCT
: *'•"'' Previously published
annual revision, and it lists the major source data that
underlie the revised estimates. Note that the incorporation of new and revised source data for a given year
usually results in a revision to the level of an estimate
not only for that year but also for subsequent years.
The annual revision incorporated data from the following Federal statistical sources: Census Bureau annual surveys for 2000 and revised monthly indicators
for 1999-2001 of manufactures, of merchant wholesale
trade, and of retail trade; Census Bureau annual surveys of services for 2000 and 2001 and of State and local governments for 1999 and 2000; Census Bureau
monthly surveys of the value of construction put in
place for 1999-2001; Federal Government budget data
for fiscal years 2001 and 2002; Internal Revenue SerI I I
I I I
I I I
vice (IRS) tabulations of tax returns for corporations
f
or 1999 and 2000 and for sole proprietorships and
partnerships for 2000; BLS tabulations of wages and
salaries of employees covered by State unemployment
insurance for 2001; Department of Agriculture farm
statistics
for 2001; and BEA's international transaction
The largest upward revisions to the percent changes
in real GDP were 1.0 percentage point for the third and accounts for 1999-2001.
fourth quarters of 2001. For the third quarter, the GDP
Details about the sources of the major revisions to
growth rate was revised up to -0.3 percent; the largest the NIPA components follow.
contributors to the revision were change in nonfarm
Gross domestic product (GDP). The level of curprivate inventories, nonresidential investment in struc- rent-dollar GDP was revised up $5.7 billion, or 0.1
tures, PCE for durables, exports of services, and PCE percent, for 1999; was revised down $48.3 billion, or
for nondurables. For the fourth quarter, the growth 0.5 percent, for 2000; and was revised down $125.9 bilrate was revised to 2.7 percent; the largest contributors lion, or 1.2 percent, for 2001.
to the revision were change in nonfarm inventories,
By major component, for 1999, upward revisions to
equipment and software investment, and PCE for non- State and local government spending were partly offset
durable goods.
by a downward revision to PCE for goods. For 2000,
In general, the quarter-to-quarter pattern of downward revisions to PCE for goods, to equipment
changes in the revised estimates of gross domestic pur- and software investment, and to PCE for services were
chases prices was not markedly different from that of partly offset by upward revisions to change in private
the previously published estimates. The revisions to inventories and to State and local government spendthe 13 quarterly percent changes (at annual rates) aver- ing. For 2001, downward revisions to PCE for services,
aged 0.2 percentage point (without regard to sign). to equipment and software investment, to PCE for
The largest downward revision was 0.5 percentage goods, and to exports of services, an upward revision
point, to 3.7 percent, for the first quarter of 2000; to imports of services, and a downward revision to
prices of PCE for services accounted for more than nonresidential structures were partly offset by an uphalf of the revision. The largest upward revision was ward revision to Federal Government spending, a
0.6 percentage point, to 3.3 percent, for the first quar- downward revision to imports of goods, and an upter of 2001; prices of nonresidential fixed investment, ward revision to State and local government spending.
of PCE for services, and of State and local government
The text continues on page 19.
• 1 1 1 1 1 1 1 1 1 ..
August 2 0 0 2
Annual Revision of the NIPA's
14
Table 6. NIPA Revisions: Selected Component Detail and Major Source Data
Billions of dollars
Revision in level
NIPA component
1999
Gross domestic product
2000
2001
-125.9 10,082.2
5.7
-48.3
-3.7
-44.7
-77.5
6,987.0
-6.2
-32.4
-36.2
2,877.2
-5.6
-10.2
-13.8
361.3
-6.0
-10.6
-13.2
-0.6
-22.2
-22.4
0.3
-2.5
-4.3
Other durable goods
0.2
-3.1
-4.4
Clothing and shoes
0.1
-5.4
-6.9
-0.2
-8.0
-7.0
2.5
-12.3
-41.2
4,109.9
0.7
0.5
-5.9
406.3
0.0
0.0
-5.7
2.0
-5.0
-6.9
271.4
218.6
Personal consumption expenditures
Goods
Of which:
Motor vehicles and parts
Of which:
Other motor vehicles
.
Goods other than motor vehicles and parts....
Of which:
Furniture and household equipment
Other nondurable goods
Services
Of which:
Household operation
Of which:
Domestic service
Transportation
Of which:
User-operated transportation
Of which:
Insurance
Medical care
Of which:
Other professional services
1.6
-5.0
-7.8
0.0
-7.2
-8.3
-2.7
-4.7
11.1
-1.4
-3.6
-2.3
Hospitals
Of which:
Nonprofit
0.2
-0.4
9.8
0.0
0.3
7.3
Other services
Of which:
Personal care
0.3
-3.8
-39.2
Personal business
Of which:
Brokerage charges and
investment counseling....
Services furnished without
payment by financial
intermediaries except life
insurance carriers
Education and research
Of which:
Higher education
Nursery, elementary, and
secondary schools
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Of which:
Nonresidential buildings,
excluding farm
Of which:
Industrial
See the footnotes at the end of the table.
Major source data incorporated 1
Revised
2001
level
ks: Revised Census Bureau annual survey of manufactures (ASM)
149.0 Trucks:
prod
-oduct shipments data for 1999; new ASM data for 2000; revised
BEA tabulations of exports and imports for 1999-2001; trade source
data on unit sales, prices, and registrations by sector for new trucks
for 2001.
2,515.9
306.1 Revised Census Bureau annual retail trade survey (ARTS) sales data
for 1999; new ARTS data for 2000; revised Census Bureau monthly
sales data for 2001.
168.4 Revised Census Bureau annual retail trade survey (ARTS) sales data
for 1999; new ARTS data for 2000; revised Census Bureau monthly
sales data for 2001.
315.3 Revised Census Bureau annual retail trade survey (ARTS) sales data
for 1999; new ARTS data for 2000; revised Census Bureau monthly
sales data for 2001.
555.0 Revised Census Bureau annual retail trade survey (ARTS) sales data
for 1999; new ARTS data for 2000; revised Census Bureau monthly
sales data for 2001.
14.6 Revised BLS data on employment, hours, and earnings for private
households for 1999-2001.
32.1 Revised trade source data on premiums and benefits for 2000; new trade
source data for 2001.
1,072.2
153.5 Revised Census Bureau service annual survey (SAS) data for 1999 and 2000;
new SAS data for 2001.
425.9
281.0 FY 2000 trade source data on expenses for 1999 and 2000; new Census
Bureau service annual survey data for 2001.
1,073.6
0.0
-1.2
-6.3
-2.1
-6.4
-32.4
4.2
4.5
-8.0
74.2 New Census Bureau service annual survey (SAS) data for 1999-2001 on
receipts of investment advisors; revised Federal Reserve Board (FRB)
data on securities held by households for 1999 and 2000; new FRB
data for 2001; revised Securities and Exchange Commission data
on income and expenses of registered broker-dealers for 2001;
new NASDAQ National Market System dealers' and New York Stock
Exchange specialists' spread data for 1999-2001.
-5.0
-7.3
-20.7
259.5 Revised IRS tabulations of corporate tax return data for 1999; new
IRS tabulations for 2000; revised Federal Reserve Board (FRB)
flow-of-funds accounts sector assets data for 1999 and 2000; new FRB
data for 2001; new Federal Deposit Insurance Corporation data,
Credit Union National Association data, Office of Thrift Supervision
data, and trade source data on investment companies for 2001.
2.6
4.1
2.4
1.9
2.5
1.6
87.6 New Department of Education (EDUC) expense data for FY 1998, FY 1999
0.6
1.5
1.5
35.5 Revised Department of Education (EDUC) expense data for FY 1999 and
FY 2000; new EDUC data for FY 2001.
0.0
-12.1
-47.9
1,586.0
79.0 Revised Census Bureau service annual survey (SAS) data for 1999 and 2000;
new SAS data for 2001.
634.3
174.9
and FY 2000; new EDUC enrollment data for 2001; revised Census Bureau
Government Finances tabulations for FY 1999 and FY 2000.
-1.0
-26.3
-46.1
1,646.3
-1.1
-27.3
-44.4
1,201.6
0.2
0.6
-5.8
324.5
-0.1
-3.9
-8.9
210.1
0.0
-2.2
-4.1
25.6 Revised Census Bureau value of construction put in place data for
1999-2001.
August 2002
15
SURVEY OF CURRENT BUSINESS
Table 6. NIPA Revisions: Selected Component Detail and Major Source Data—Continued
Billions of dollars
Revision in level
Ml PA component
1999
Commercial
Mining exploration, shafts, and wells
Of which:
Petroleum and natural gas
Equipment and software
Ofwhich:
Information processing equipment
and software
Ofwhich:
Computers and peripheral equipment.
Software
2000
2001
Revised
2001
level
0.0
-1.1
-3.9
0.2
1.6
4.0
0.2
2.1
4.5
-1.3
-27.9
-38.7
877.1
118.5 Revised Census Bureau value of construction put in place data for
1999-2001.
42.7
41.3 Trade source data on drilling costs for 1999 and 2000; revised trade
source data on footage drilled tor 1999-2001.
2.6
-19.6
-22.8
404.3
-0.4
-16.0
-13.5
2.7
-3.7
-8.6
74.2 Revised Census Bureau annual survey of manufactures (ASM) product
shipments data for 1999; new ASM data for 2000; revised Census
Bureau monthly industry shipments data for 2001; revised BEA
tabulations of exports and imports for 1999-2001.
180.4 Revised Census Bureau service annual survey (SAS) industry receipts
data for 1999 and 2000; new SAS data for 2001; BLS employment data
for 1999 and 2000.
159.0
1.1
-1.8
-3.1
0.1
-4.3
-5.1
41.0
-4.4
-6.2
-12.2
165.8
-4.3
-6.8
-7.2
-0.3
-0.5
-2.4
0.2
1.4
-2.1
Residential
Structures
Ofwhich:
Single-family structures
0.2
0.1
0.9
1.2
-1.5
-1.4
0.0
0.0
2.5
Improvements
0.0
0.0
-4.4
0.9
0.0
1.0
2.0
14.2
-0.4
14.7
13.7
-1.9
3.3
-5.1
-10.5
2.9
5.2
-4.0
Industrial equipment
Ofwhich:
Special industry machinery, nee
Major source data incorporated1
uuiuau inuiiiiiiy iiiuuouy oiii^iiiutiio uaia IUI
Transportation equipment
Of which:
Trucks, buses, and truck trailers
Autos
Aircraft
Change in private inventories
Farm
Nonfarm
Change in book value
Ofwhich:
Manufacturing
cuu I,
tabulations of exports and imports for 1999-2001.
90.1 Revised Census Bureau annual survey of manufactures (ASM) product
shipments data for 1999; new ASM data for 2000; revised BEA
tabulations of exports and imports for 1999-2001; trade source
data on unit sales, prices, and registrations by sector for new trucks
for 2001.
34.1 Revised trade source data on optional equipment percentages
for model year 2001; revised price data for domestic
autos for model year 2002.
33.7 Revised Census Bureau annual survey of manufactures (ASM) product
shipments data for 1999; new ASM data for 2000; revised BEA
tabulations of exports and imports for 1999-2001; Census Bureau
current industrial reports data for complete civilian aircraft
for 2001.
444.8
435.4
232.1 Revised Census Bureau value of construction put in place data for
1999-2001.
104.6 Revised Census Bureau value of construction put in place data for 2001.
-60.3
1.6 Revised USDA data for 1999 and 2000; new USDA data for 2001.
-61.9
-75.5
-36.4 Revised Census Bureau annual survey of manufactures (ASM) inventory book
value data for 1999; new ASM data for 2000; revised Census Bureau
monthly inventory data for 2001.
-19.4
0.1
-1.3
-4.8
-0.1
-0.1
-4.7
0.2
4.9
-4.5
-0.1
5.4
-2.3
Other industries
-1.2
6.0
-0.2
Inventory valuation adjustment
-0.9
0.9
5.4
1.0
-1.5
-19.1
-348.9 Revised BEA international transactions accounts estimates for 1999-2001.
-0.5
-1.0
0.5
-1.4
-1.6
0.2
-1.8
-0.6
-1.2
-0.3
-1.8
1.6
-16.3
-2.9
-13.4
2.9
-6.3
9.2
1,034.1
733.5
300.6
1,383.0
1,167.2
215.8
Wholesale trade
Ofwhich:
Merchant wholesale trade
Retail trade
Of which:
Motor vehicle dealers
Net exports of goods and services
Exports
Goods
Services
Imports
Goods
Services
See the footnotes at the end of the table.
-16.5 Revised Census Bureau annual wholesale trade survey (AWTS) inventory book
value data for 1999; new AWTS data for 2000; revised Census Bureau
monthly inventory data for 2001.
-21.2 Revised Census Bureau annual retail trade survey (ARTS) inventory book
value data for 1999; new ARTS data for 2000; revised BEA estimates
based on inventory data from trade sources for 2001; revised Census
Bureau monthly inventory data for 2001.
-15.9 Revised Census Bureau annual retail trade survey (ARTS) inventory book
value data for 1999; new ARTS data for 2000; revised BEA estimates
based on inventory data from trade sources for 2001.
1.6 Revised IRS tabulations of inventory book value data from corporate
tax returns for 1999; new IRS tabulations of inventory book value
data from sole proprietorship, partnership, and corporate tax
returns for 2000; Census Bureau Quarterly Financial Report data for
mining for 2001.
13.6 Revised Census Bureau annual survey of manufactures (ASM), annual wholesale
trade survey (AWTS), and annual retail trade survey (ARTS) information
on accounting methods used for inventory reporting for 1999;
new ASM, AWTS, and ARTS information for 2000; revised data on cost
of inventories for 1999-2001; revised BEA unit labor cost indexes
for 1999-2001.
August 2002
Annual Revision of the NIPA's
16
Table 6. NIPA Revisions: Selected Component Detail and Major Source Data—Continued
Billions of dollars
NIPA component
Revision in level
1999
Government consumption expenditures and
gross investment
Federal consumption expenditures
and gross investment
Of which:
Nondefense
Consumption expenditures
Of which:
Services
Of which:
Other services
State and local consumption expenditures
and gross investment
Consumption expenditures
Of which:
Services
Of which:
Compensation of general government
employees, except own-account
investment
Other services
Gross investment
Of which:
Structures
Gross domestic product
Plus: Net receipts of income
Income receipts from the
rest of the world
Less: Income payments to the
rest of the world
,
2000
2001
18.5
1,858.0
-1.0
12.4
628.1
-0.5
0.1
11.6
12.1
228.2
184.0
0.8
10.0
174.0
0.8
11.3
11.0
8.9
6.1
9.5
1,229.9
993.7
3.9
5.6
6.4
856.7
-0.5
-1.0
4.0
4.4
6.8
3.3
700.4 Revised BLS tabulations of wages and salaries of employees covered by
State unemployment insurance for 1999 and 2000; new BLS tabulations
of for 2001; revised Census Bureau Government Finances (GF) tabulations
for FY 1999; new GF tabulations for FY 2000; revised GFtabulations of
retirement plans for FY 1999 and FY 2000; new GFtabulations of retirement
plans for FY 2001; HHS medical expenditure panel survey data on health
insurance for 1999; BLS data on employer costs for health
insurance for 2001 and 2002.
60.9
Revised Census Bureau Government Finances (GF) tabulations for FY 1999;
new GF tabulations for FY 2000.
1.2
2.1
-3.4
236.2
1.0
2.4
-5.5
177.6 Revised Census Bureau value of construction put in place data for
5.7
-48.3
8.5
10.0
1.0
50.1 Revised allocation of FY 2000 Federal budget data for 1999 and 2000;
revised FY 2001 Federal budget data for 2000 and 2001; preliminary
FY 2002 Federal budget data for 2001; National Science Foundation
data on research and development expenditures for 2000 and 2001.
1999-2001.
-125.9 10,082.2
29.5
35.5
27.2
3.1
-0.8
-18.3
316.9
295.0
21.9 Revised BEA international transactions accounts estimates for 1999-2001.
-26.4
-36.3
-45.5
Equals: Gross national product
35.3
-12.8
-98.7 10,104.1
Less: Statistical discrepancy2
33.9
1.9
1.2
-14.7
Equals: Gross national income
Compensation of employees
Wage and salary accruals
Of which:
Wage and salary disbursements
Government
Federal
32.5
-1.9
8.2
-135.1
-1.8
-0.9
-147.6
4,950.6
-1.8
-0.1
-0.2
-0.9
0.5
0.0
-147.6
4.8
4,950.6
810.8
197.4 Revised Office of Personnel Management (0PM) data for 1999 and
0.0
0.4
-1.6
-1.4
10.0
Private
-152.4
Supplements to wages and salaries
Employer contributions for social
insurance
Federal social insurance funds
State and local social insurance funds
Other labor income
Of which:
Private pension and profitsharing plans
Publicly administered government
retirement plans
Group health and life insurance
See the footnotes at the end of the table.
-117.3
-131.2 10,221.4
-5.1
State and local
Major source data incorporated 1
Revised
2001
level
5,874.9
2000; new 0PM data for 2001; new FY 2002 Federal budget data
for 2001.
613.5 Revised BLS tabulations of wages and salaries of employees covered
by State unemployment insurance for 1999 and 2000; new BLS tabulations
for 2001.
4,139.8 Revised BLS tabulations of wages and salaries of employees covered
by State unemployment insurance for 1999 and 2000; new BLS tabulations
for 2001; revised IISDA data on farm wages for 1999 and 2000; new
USDA data for 2001; new BEA international transactions accounts data on
rest-of-the-world wage and salary accruals for 1999-2001.
-0.2
9.1
12.5
924.3
-0.6
-0.2
-0.9
0.1
-4.1
-2.5
-0.4
-1.0
-1.6
353.9
346.6 Revised BLS tabulations of employer contributions to the unemployment
trust fund for 2000; new BLS tabulations for 2001; revised Social
Security Administration (SSA) data on taxable wages for 1999 and 2000;
new SSA data for 2001.
7.2 Revised Census Bureau Government Finances (GF) tabulations for FY 1999;
new GFtabulations for FY 2000.
0.5
10.0
16.6
0.0
4.0
-1.0
-4.1
1.2
6.3
570.4
75.9 Pension Benefit Guaranty Corporation tabulations of assets and
liabilities for 2000 and 2001.
110.9 Revised Census Bureau Government Finances tabulations for
FY 1999 and FY 2000; new GFtabulations for 2001.
339.6 HHS medical expenditure panel survey data on health insurance for 1999;
BLS data on employer costs for health insurance for 2001 and 2002;
revised BLS tabulations of wages and salaries of employees covered
by State unemployment insurance for 2000; new BLS tabulations for 2001:
trade source data on life insurance for 1999 and 2000; BLS
data on employer costs for life insurance for 2001.
August 2002
17
SURVEY OF CURRENT BUSINESS
Table 6. NIPA Revisions: Selected Component Detail and Major Source Data—Continued
Billions of dollars
NIPA component
Revision in level
1999
Proprietors' income with IVA and CCAdj
Farm
Of which:
Proprietors' income with IVA.
Nonfarm
Of which:
Proprietors' income
CCAdj
Rental income of persons with CCAdj..
Rental income of persons
CCAdj
Corporate profits with IVA and CCAdj
Profits before tax
Of which:
Domestic
Mining
Construction
Manufacturing
Communications
Electric, gas, and sanitary services
Retail trade
Finance, insurance, and real estate
Financial
Other
Services
Rest of the world
Receipts from the rest of the world
Less: Payments to the rest of the world
Of which:
Financial corporations
Nonfinancial corporations....
Sole proprietorships and
partnerships
Monetary interest received
Of which:
Domestic business
Of which:
Financial corporations
Nonfinancial corporations
Persons
Rest of the world
From business
From Federal Government
Imputed interest paid (by domestic
financial corporate business)
Of which:
Life insurance carriers
Imputed interest received
Of which:
Domestic business
Persons
From banks, credit agencies, and
investment companies
From life insurance carriers
Rest of the world
See the footnotes at the end of the table.
2001
6.4
-0.2
-15.6
1.1
-8.0
-8.6
19.0
0.8
-8.0
-8.4
26.7
Major source data incorporated 1
727.9
Revised USDA data for 1999 and 2000; new USDA data for 2001.
5.3
7.8
-7.1
708.8
1-6
-4.7
-20.5
621.6
3.9
13.0
12.9
86.3
1.4
3.2
5.0
4.1
-4.7
-7.6
137.9
204.4
-1.7
1.0
2.9
-66.5
-19.4
-14.2
-88.3
-63.1
-35.5
-28.3
731.6
670.2
-19.8
0.0
-0.3
-4.9
0.2
-1.8
-1.5
-69.6
6.7
-3.0
7.3
-18.1
-11.7
-8.8
2.5
-3.4
6.0
-44.4
6.5
-1.1
-7.6
-2.6
-22.6
-29.8
9.5
-4.6
4.0
519.4
15.8
-9.3
-9.3
0.0
-2.7
5.6
2.2
-3.4
-1.3
-3.8
Net interest 3
Monetary interest paid
Of which:
Domestic business
2000
Revised
2001
level
20.1
-14.5
-11.1
-6.9
15.8
10.6
5.2
-25.0
1.5
-18.4
-19.9
2.8
-9.9
95.5
Revised Federal Reserve Board flow-of-funds accounts residential
mortgage liabilities data for 1999-2001; revised USDA data on rent
on farms owned by nonoperator landlords for 1999 and 2000; new
USDA data for 2001; new trade source data on property insurance for
2000; new Census Bureau Census of Population and Housing data on
owner- and tenant-occupied units for 2000; new Census Bureau
currentpopujation survey data on owner- and tenant-occupied units
for 200f; revised IRS tabulations of individual tax return data
for 1999; new IRS data for 2000; revised BEA fixed investment and
price estimates for 1999-2001.
Revised BEA fixed investment and price estimates for 1999-2001.
Revised IRS tabulations of corporate tax return data for 1999; new
IRS tabulations for 2000; reg " "
reports profits data for 2001,
39.4
84.1
-6.0
31.6
79.0
211.1
190.6
20.5
17.6
150.8
172.4
21.6
5.0
56.5
-15.0
78.8
8.7
-16.1
7.7
1,950.6
-7.5
-7.8
-10.8
-2.5
809.3
527.2
-0.2
-15.0
23.4
8.7
209.4
2,639.2
-16.2
-40.5
1,668.3
-14.3
-1.7
23.8
-23.7
-3.2
-20.6
-27.3
-15.0
77.5
-29.3
-4.6
-24.7
-23.6
1,332.5
280.7
630.4
246.5
165.8
80.7
0.2
201.3
Revised BEA international transactions accounts estimates for 1999-2001.
Capital consumption allowances: Revised IRS tabulations of corporate tax
return data for 1999; new IRS tabulations for 2000. Consumption
of fixed capital: Revised BEA fixed investment and price
estimates for 1999-2001.
649.8
2,639.2
8.7
6.1
New IRS tabulations of sole proprietorship and partnership tax return
data for 2000.
Capital consumption allowances: New IRS tabulations of sole
proprietorship and partnership tax return data for 2000.
Consumption of fixed capital: Revised BEA fixed investment and
price estimates for 1999-2001.
Revised IRS tabulations of corporate tax return data for 1999; new IRS
tabulations for 2000; new IRS tabulations of sole proprietorship
and partnership tax return data for 2000; revised Federal Reserve
Board (FRB) flow-of-funds accounts residential mortgage liabilities
data for 1999 and 2000; new FRB flow-of-funds accounts residential
mortgage liabilities data for 2001 and nonfinancial corporate
liabilities data for 2000 and 2001; revised USDA data on interest
paid by farmers for 1999 and 2000; new USDA data for 2001;
new Federal Deposit Insurance Corporation data, Credit Union
National Association data, Office of Thrift Supervision data, and
trade source data on investment companies for 2001.
Revised IRS tabulations of corporate tax return data for 1999; new IRS
tabulations for 2000; new IRS tabulations of sole proprietorship
partnership tax return data for 2000; new Federal Reserve Board flowof-funds accounts nonfinancial corporate assets data for 2000 and 2001;
new Federal Deposit Insurance Corporation data, Credit Union National
Association data, Office of Thrift Supervision data, and trade source
data on investment companies for 2 0 0 1 .
Revised BEA international transactions accounts estimates for 1999-2001.
574.5
0.2
8.7
4.8
-4.5
7.7
-1.2
-20.6
-5.0
0.5
0.1
-7.3
6.1
-0.1
-20.7
0.2
-4.6
574.5
84.3
460.8
259.5
201.3
18.3
Revised IRS tabulations of corporate tax return data for 1999; new
IRS tabulations for 2000; new trade source data on life insurance
for 2000; new Federal Reserve Board flow-of-funds accounts life
insurance companies' assets data for 2000 and 2001.
Revised Federal Reserve Board (FRB) flow-of-funds accounts sector assets
data for 1999 and 2000; new FRB data for 2001; new Federal Deposit
Insurance Corporation data for 2001.
August 2 0 0 2
Annual Revision of the NIPA's
18
Table 6. NIPA Revisions: Selected Component Detail and Major Source Data—Continued
Billions of dollars
Revision in level
NIPA component
1999
Consumption of fixed capital
Of which:
Private
Corporate
Noncorporate
Capital consumption allowances
2000
Revised
2001
level
2001
-6.2
-12.4
-22.1
1,329.3
-6.0
-3.7
-2.3
-11.9
-6.0
-6.0
-20.8
-9.5
-11.3
1,106.8 Revised BEA fixed investment and price estimates for 1999-2001.
789.1
317.7
-6.0
-7.6
-19.2
-28.6
-12.7
-19.4
1.6
9.4
6.7
1,168.4
845.6 Revised IRS tabulations of corporate tax return data for 1999;
new IRS tabulations for 2000; revised BEA fixed investment
estimates for 1999-2001.
322.8 New IRS tabulations of sole proprietorship and partnership tax return
data for 2000; revised BEA fixed investment estimates for 1999-2001.
Corporate
Noncorporate
Less:CCAdj
Corporate
Noncorporate
Otwhiclr.
Nonfarm proprietors' income
Nonfactor income
Of which:
Indirect business tax and nontax liability
Of which:
State and local
Less: Subsidies less current surplus of
government enterprises
Federal
State and local-
Major source data incorporated 1
-0.1
-7.3
8.0
-3.8
3.9
-22.6
15.4
-9.9
18.0
61.6 CCAdj is calculated as consumption of fixed capital less capital
consumption allowances.
56.5
5.1
3.9
13.0
12.9
86.3
0.8
-5.8
-13.8
770.0
-0.2
-9.1
-19.2
774.8
0.2
-7.0
-18.6
664.4 Revised Census Bureau Government Finances (GF) tabulations for FY1999
and FY 2000; new GFtabulations for FY 2001; revised Census Bureau
quarterly tax revenue data for 1999 and 2000; new tax revenue
data for 2001.
-0.8
-0.4
-3.5
-3.0
-7.5
-2.1
-0.4
-0.5
-5.5
-28.2
-50.3
-158.6
6.6
3.5
-95.5
-3.3
22.2
-78.4
1,662.4
9.2
87.4
-38.2
8,685.3 See entries under "gross national income" and additional sources below.
-1.8
0.5
6.4
1.4
-15.1
-0.9
10.0
-0:2
5.0
-3.5
-147.6
16.6
-15.6
-4.7
-7.1
47.3
50.3 Revised allocations of FY 2000 Federal budget data for 1999 and 2000;
revised FY 2001 Federal budget data for 2000 and 2001; preliminary
FY 2002 Federal budget data for 2001; new FY 2000 and FY 2001 Postal
Service financial data for 2000 and 2001. For consumption of
government enterprise fixed capital: Perpetual-inventory calculations
at current cost based on gross investment and on investment prices
for 1999-2001. See also entries for gross investment.
-3.1 Revised Census Bureau Government Finances {GF) tabulations for FY 1999;
new ^tabulations for FY 2000. New California Department of Finance
data on electricity purchases for 2001. For consumption of enterprise
fixed capital: Perpetual-inventory calculations at current cost, based
on gross investment and on investment prices for 1999-2001. See also
entries for gross investment.
Addenda:
Gross domestic income
National income
Gross saving
Personal income
Wage and salary disbursements
Other labor income
Proprietors' income with IVA and CCAdj..
Rental income of persons with CCAdj
Personal dividend income
Personal interest income
Of which:
Net interest
Domestic business
Rest of the world
Transfer payments to persons
Of which:
From government
Federal......
State and local
Of which:
Medical care
Less: Personal contributions for
social insurance
Less: Personal tax and nontax payments
Of which:
State and local..........
10,199.4
8,122.0 See entries under "gross national income."
19.2
76.4
97.7
4,950.6
570.4
727.9
137.9
409.2 Revised IRS tabulations of corporate tax return data for 1999; new IRS
tabulations for 2000; regulatory agency and public financial
statements data on dividends for 2001.
See entries under "net interest."
1,091.3
20.1
-4.4
24.6
-1.1
78.8
49.0
29.6
1.2
95.5
69.0
26.6
21.6
649.8 See entries under "net interest."
772.5
-122.6
1,170.4
-1.2
-0.1
1.3
0.6
23.2
9.2
-1.2
0.6
14.0
1,137.0
832.6 Revised FY 2001 Federal budget data for 2000 and 2001; preliminary
FY 2002 Federal budget data for 2001; new Department of Labor data
on unemployment benefits for 2001.
304.4
-1.1
1.0
14.4
0.3
-0.1
0.7
-1.8
-1.0
-14.1
372.3
1,292.1
-0.1
-1.2
-14.9
-24.1
281.2 Revised Census Bureau Government Finances (GF) tabulations for FY 1999
and FY 2000; new ^tabulations for FY 2001; revised Census Bureau
quarterly tax revenue data for 1999 and 2000; new tax revenue
data for 2001.
7,393.2
234.7 Revised Centers for Medicare and Medicaid Services (CMS) tabulations of
medicaid for 1999 and 2000; new CMS tabulations for 2001.
9.4
89.2
Less: Personal outlays
Of which:
Personal consumption expenditures
-3.9
-44.7
-75.4
7,223.5
-3.7
-44.7
-77.5
6,987.0 See entries under "personal consumption expenditures."
Equals: Personal saving
13.1
133.8
51.3
Equals: Disposable personal income
1. In these descriptions, "new" indicates this is the first time that data from the specific source are being
incorporated into the component estimate for the given year, and "revised" indicates that data from the specific
source were incorporated previously and now revised data from that source are being incorporated.
2. The statistical discrepancy is gross national product (GI\IP) less gross national income (GNI); it is also the
difference between gross domestic product (GDP) and gross domestic income (GDI), which is GNI less net
income receipts from the rest of the world. The statistical discrepancy arises because the product-side
measures of GNP and GDP are estimated independently from the income-side measures of GNI and GDI.
3. Net interest is the sum of monetary interest paid by domestic business and by the rest of the world and
imputed interest paid by domestic financial corporate business, less monetary interest received by domestic
business and by the rest of the world and imputed interest received by domestic business and by the rest of the
world.
BEA
BLS
CCAdj
DOL
FY
HHS
IRS
IVA
USDA
169.7
Bureau of Economic Analysis
Bureau of Labor Statistics
Capital consumption adjustment
Department of Labor
Fiscal year
Department of Health and Human Services
Internal Revenue Service
Inventory valuation adjustment
U.S. Department of Agriculture
August 2002
SURVEY OF CURRENT BUSINESS
PCE for goods. PCE for goods was revised down for
all 3 years: $6.2 billion for 1999, $32.4 billion for 2000,
and $36.2 billion for 2001. For 1999, motor vehicles
and parts accounted for most of the revision. For 2000
and 2001, the revisions reflected downward revisions
to "goods other than motor vehicles and parts" and to
motor vehicles and parts.
"Goods other than motor vehicles and parts" was
revised down for all 3 years: $0.6 billion for 1999, $22.2
billion for 2000, and $22.4 billion for 2001. These revisions resulted from the incorporation of revised annual data for 1999 and newly available annual data for
2000 on retail sales and food services sales and of revised monthly sales data for 2001.
For 2000 and 2001, the revisions to "goods other
than motor vehicles and parts" reflected downward
revisions to "other nondurable goods," to clothing and
shoes, to "other durable goods," and to furniture and
household equipment. Within "other nondurable
goods," downward revisions to magazines, newspapers, and sheet music and to toilet articles and preparations were partly offset by upward revisions to drug
preparations and sundries. Within "other durable
goods," the downward revision was mostly accounted
for by "wheel goods, sports and photographic equipment, boats, and pleasure aircraft."
Motor vehicles and parts was revised down for all 3
years: $5.6 billion for 1999, $10.2 billion for 2000, and
$13.8 billion for 2001. For 1999 and 2000, the revisions
were more than accounted for by "other motor vehicles" (specifically new trucks), reflecting the incorporation of revised product shipments data from the
Census Bureau's annual survey of manufactures
(ASM) for 1999 and new ASM data for 2000. For 2001,
the revision was mostly accounted for by "other motor
vehicles"—specifically new trucks—reflecting the extrapolation of the revised 2000 estimates using unit
sales and price data from trade sources.
PCE for services. PCE for services was revised up
$2.5 billion for 1999, was revised down $12.3 billion
for 2000, and was revised down $41.2 billion for 2001.
For 2000, the revision primarily reflected downward
revisions to transportation services and to medical care
services. For 2001, a large downward revision to "other
services" and smaller downward revisions to transportation services and to household operation services
were partly offset by an upward revision to medical
care services.
For 2000, the downward revision to transportation
services was more than accounted for by net auto insurance premiums, reflecting the incorporation of re-
vised trade source data on premiums and benefits. The
downward revision to medical care services was primarily accounted for by "other professional medical
services," reflecting the incorporation of revised data
from the Census Bureau service annual survey (SAS).4
For 2001, the downward revision to "other services"
was primarily accounted for by personal business services, but personal care services also contributed. The
downward revision to personal business services was to
imputed financial services—that is, "services furnished
without payment by financial intermediaries except
life insurance carriers"5 and to brokerage charges and
investment counseling. Within imputed financial services, the downward revision was primarily to commercial banks and regulated investment companies.
The revision to commercial banks primarily reflected
the incorporation of new flow-of-funds data on assets
by sector from the Federal Reserve Board. The revision
to regulated investment companies was primarily due
to the incorporation of trade source data on mutual
fund assets. The revision to brokerage charges and investment counseling was more than accounted for by
equities commissions, primarily reflecting the incorporation of data on New York Stock Exchange specialists' quoted spreads for 2001 and the incorporation of
newly available NASDAQ data on market-maker
spreads (see the section "Changes in Methodology").
The downward revision to transportation services was
more than accounted for by net auto insurance premiums, reflecting the incorporation of newly available
trade source data. The downward revision to household operation was mostly accounted for by domestic
service, reflecting the incorporation of revised BLS
data on employment, hours, and earnings for private
households. The upward revision to medical care services was mostly accounted for by hospitals, reflecting
the incorporation of new SAS data for 2001.
Nonresidential structures. Nonresidential structures was revised up $0.2 billion for 1999, was revised
up $0.6 billion for 2000, and was revised down $5.8
billion for 2001.
For 2001, downward revisions to industrial structures and commercial structures were partly offset by
4. The SAS data are on a North American Industry Classification System
basis; for details, see the section "Changes in Methodology."
5. This PCE category consists of imputed payments by persons to depository institutions—that is> commercial banks, mutual savings banks, savings
and loan associations, credit unions, and regulated investment companies—to purchase checking, bookkeeping, and investment services for
which they do not pay an explicit service charge. For additional information, go to BEA's Web site at <www,bea.gov>, click on "Methodologies"
and under "National programs" see "MP6: Personal Consumption Expenditures" 11-12.
19
20
Annual Revision of the NIPA's
August 2002
an upward revision to petroleum and natural gas well
drilling and exploration. The revisions to industrial
and commercial structures primarily reflected the incorporation of revised Census Bureau data on the
value of construction put in place.6 The upward revision to petroleum and natural gas primarily reflected
newly incorporated trade source data on drilling footage.
Equipment and software. Equipment and software
was revised down for all 3 years: $1.3 billion for 1999,
$27.9 billion for 2000, and $38.7 billion for 2001. For
2000, the largest contributor to the revision was computers and peripheral equipment. For 2001, the revision primarily reflected downward revisions to information processing equipment and software (mainly
computers and peripheral equipment and software)
and to transportation equipment (notably trucks,
buses, and truck trailers).
The downward revisions to computers and peripheral equipment reflected the incorporation of newly
available data from the Census Bureau's 2000 Annual
Survey of Manufactures (ASM) and of revised data
from the Census Bureau's monthly industry shipments
for 2001. The revision to software primarily reflected
the incorporation of newly available data from the
Census Bureau's 2001 Service Annual Survey. The revision to trucks, buses, and truck trailers reflected the incorporation of revised and newly available data from
the Census Bureau's 2000 ASM.
Residential fixed investment. Residential fixed investment was revised up $0.2 billion for 1999, was revised up $0.9 billion for 2000, and was revised down
$1.5 billion for 2001. For 2001, a downward revision to
improvements to residential structures was partly offset by an upward revision to single-family structures;
both revisions reflected the incorporation of revised
Census Bureau data on the value of construction put in
place.7
Change in private inventories. The change in private inventories was revised up $0.9 billion for 1999,
was revised up $14.2 billion for 2000, and was revised
down $1.9 billion for 2001.8
The revisions to the change in farm inventories were
negligible for 1999 and 2000; for 2001, the change was
revised up $3.3 billion.9
The change in private nonfarm inventories was revised up $1.0 billion for 1999, was revised up $14.7 billion for 2000, and was revised down $5.1 billion for
2001. For 2000, the upward revision was more than accounted for by upward revisions to the changes in
book value for "other industries," for manufacturing,
and for retail trade, reflecting the incorporation of
newly available tabulations of inventory book value
data from IRS tabulations of tax return data for corporations and for sole proprietorships and partnerships
for 2000 and the incorporation of newly available book
value data from the Census Bureau annual survey of
manufactures and annual retail trade survey.
For 2001, downward revisions to the changes in
book value for merchant wholesale trade, for retail
trade, and for manufacturing were partly offset by an
upward revision to the inventory valuation adjustment
(IVA). The revisions to the changes in book value reflected the incorporation of revised monthly book
value data from Census Bureau monthly surveys. The
revision to the IVA reflected the incorporation of
newly available information from the Census Bureau
on the accounting methods used in inventory reporting and revised BEA unit labor cost indexes.
Net exports of goods and services. Net exports of
goods and services was revised up $1.0 billion for 1999,
was revised down $1.5 billion for 2000, and was revised down $19.1 billion for 2001. For 2001, a downward revision to exports of services, an upward revision to imports of services, and a downward revision
to exports of goods were partly offset by a downward
revision to imports of goods. The revisions to exports
and imports of services primarily reflected the incorporation of revised data from BEA's international
transactions accounts (ITA's). The revised ITA estimates primarily reflected the use of updated source
6. The Census Bureau data on the value of construction put in place are
the major source data for the estimates of both nonresidential and residential structures. The revised estimates of structures are based on the "best
period-to-period change" rather than on the "best level" of the appropriate
Census Bureau series; see the box "Incorporating Source Data on the Basis
of 'Best Change"* in Eugene P. Seskin and David R Sullivan, "Annual Revision of the National Income and Product Accounts," SURVEY 80 (August
2000): 16.
7. See footnote 6.
8. Change in private inventories is calculated by adjusting inventories
reported by businesses on a non-LIFO (last-in-first-out) book-value basis
to a current-period replacement-cost basis; this revaluation eliminates
gains or losses that result from holding inventories when prices change. The
inventory valuation adjustment, which is calculated as the change in private
inventories less the change in book values, reflects inventory price changes
for firms that value inventory withdrawals at acquisition (historical) cost.
9. The inventory valuation adjustment is not needed for farm inventories,
because they are measured on the basis of current market price.
August 2002
data.10 In addition, the revision to exports of services
reflected the incorporation of a revised NIPA adjustment for "services furnished without payment by financial intermediaries except life insurance carriers."
The revision to imports of goods primarily reflected
the incorporation of revised NIPA adjustments for U.S.
territories and Puerto Rico (see footnote 3 in NIPA table 4.5B).
As usual, the ITA revisions were incorporated into
the NIPA's at their "best level," beginning with estimates for 1999. (The revisions to the ITA's for years before 1999 will be incorporated in the next comprehensive NIPA revision.) As a result, there are discontinuities between the NIPA estimates for 1998 and those for
1999 (table 7). For current-dollar net exports of goods
and services (and for current-dollar GDP), the change
from 1998 to 1999 is understated by only $0.1 billion.
Government consumption expenditures and gross
investment. Government consumption expenditures
and gross investment was revised up for all 3 years:
$8.5 billion for 1999, $10.0 billion for 2000, and $18.5
billion for 2001.
Federal Government consumption expenditures
and gross investment was revised up $1.0 billion for
1999, was revised down $1.0 billion for 2000, and was
revised up $12.4 billion for 2001. For 2001, the upward
revision was primarily accounted for by nondefense
consumption expenditures for "other" services, primarily reflecting revised Federal budget data for fiscal
year 2001, preliminary budget data forfiscalyear 2002,
and National Science Foundation data on research and
development expenditures.
State and local government consumption expenditures and gross investment was revised up for all 3
years: $7.5 billion for 1999, $11.0 billion for 2000, and
$6.1 billion for 2001. For 1999 and 2000, the revisions
were primarily accounted for by upward revisions to
consumption expenditures for "other" services. For
2001, the revision reflected an upward revision to consumption expenditures that was partly offset by a
downward revision to gross investment. The revision
to consumption expenditures reflected upward revisions to compensation of employees and to "other"
services. The revision to gross investment was more
than accounted for by a downward revision to struc10. See Christopher L. Bach, "Annual Revision of the U.S. International
Accounts, 1993-2001," SURVEY 82 (July 2002): 33-40.
21
SURVEY OF CURRENT BUSINESS
Table 7. Discontinuities in NIPA Foreign Transactions, 1998-99
[Billions of dollars]
1998
Published
Net exports of goods and
services
Exports
Goods
Services
Imports
Goods
Services
Net receipts of income
Receipts
Corporate profits
Interest
Compensation of employees...
Payments
Corporate profits
Interest
Compensation of employees...
Transfer payments to rest of the
world (net)
Addenda:
GDP
GNP
-151.8
964.9
681.3
283.6
1,116.7
930.0
186.7
-3.5
286.1
145.3
138.9
1.9
289.6
43.1
239.6
6.9
44.5
8,781.5
8,778.1
Discontinuity1
1999
Adjusted
Revised
-151.9 -249.9
0.0
964.9
989.3
0.0
681.3
697.3
0.0
283.6
292.0
0.1 1,116.8 1,239.2
0.0
930.0 1,045.3
0.1
186.8
193.9
13.8
0.1
0.0
0.1
0.0
-13.7
0.9
-14.7
0.1
0.1
-0.1
13.7
Change from
1998 to 1999
Published
Adjusted
-98.1
24.4
16.0
8.4
122.5
115.3
7.2
-98.0
24.4
16.0
8.4
122.4
115,3
7.1
10.3
286.2
145.3
138.9
1.9
275.9
44.0
224.9
7.0
22.8
316.9
175.5
139.2
2.2
294.1
55.3
230.9
8.0
26.3
30.8
30.1
0.3
0.3
4.5
12.2
-8.7
1.0
12.5
30.7
30.1
0.2
0.3
18.2
11.3
6.0
1.0
44.6
48.9
4.4
4-3
8,781.4 8,781.5
8,791.8 8,778.1
0.0
0.0
0.1
-13.7
1. Equals the revisions to the U.S. international transactions accounts that have not been carried back in the
NIPA's at this time.
tures.
The upward revisions to "other" services for all 3
years reflected the incorporation of revised data for fiscal year 1999 and newly available data for fiscal year
2000 from Census Bureau surveys of government finances and a change in the methodology for estimating brokers' fees (see the section "Changes in
Methodology"). The upward revision to compensation
of employees reflected the incorporation of newly
available BLS tabulations of wages and salaries of employees covered by State unemployment insurance for
2001. The downward revision to structures for 2001
reflected the incorporation of revised Census Bureau
data on the value of construction put in place.
Net receipts of income. Net receipts of income from
the rest of the world, which is excluded from GDP but
included in gross national product (GNP), was revised
up for all 3 years: $29.5 billion for 1999, $35;5 billion
for 2000, and $27.2 billion for 2001. For 1999 and
2000, the upward revisions primarily reflected downward revisions to income payments to the rest of the
world. For 2001, a downward revision to income payments was partly offset by a downward revision to income receipts from the rest of the world.
The revisions for all 3 years primarily reflected the
incorporation of the annual revision of the ITA's.
Annual Revision of the NIPA's
22
Specifically, the revised estimates of income payments
primarily reflected the incorporation of results from
the U.S. Treasury's Benchmark Survey of Foreign Portfolio Investment in the United States for March 2000;
the revised estimates of income receipts primarily reflected updated source data.11
The incorporation of the ITA revisions into the
NIPA's at their "best level" resulted in discontinuities
between the NIPA estimates for 1998 and those for
1999 (table 7). For net receipts of income, the change
from 1998 to 1999 is overstated by $13.8 billion. The
discontinuity is more than accounted for by interest
paid to the rest of the world, reflecting the incorporation of results from the Treasury Department's benchmark survey of portfolio investment.
Gross national product (GNP). GNP was revised
up $35.3 billion, or 0.4 percent, for 1999; was revised
down $12.8 billion, or 0.1 percent, for 2000; and was
revised down $98.7 billion, or 1.0 percent, for 2001.
The revisions to GNP differ from those to GDP because of the revisions to net receipts of income. Because GNP includes both net exports of goods and
services and net receipts of income, it also has a discontinuity between the estimates for 1998 and 1999;
the change is overstated by $13.7 billion.
Gross domestic income (GDI). GDI, which measures the costs incurred and the incomes earned in the
production of GDP, was revised down for all 3 years:
$28.2 billion for 1999; $50.3 billion for 2000; and
$158.6 billion for 2001 (see the addenda to table 6).
For 1999, the revision to GDI reflected downward
revisions to domestic corporate profits with inventory
August 2002
valuation adjustment (IVA) and capital consumption
adjustment (CCAdj), to consumption of fixed capital
(CFC), and to domestic net interest that were partly
offset by an upward revision to proprietors' income
with IVA and CCAdj.
For 2000, the revision to GDI reflected a large
downward revision to domestic corporate profits with
IVA and CCAdj and smaller downward revisions to
CFC and to indirect business tax and nontax liability
that were partly offset by a large upward revision to
domestic net interest and smaller upward revisions to
compensation of employees and to rental income of
persons with CCAdj.
For 2001, the revision to GDI reflected a large
downward revision to compensation of employees and
smaller downward revisions to domestic corporate
profits with IVA and CCAdj, to CFC, to indirect business tax and nontax liability, to proprietors' income
with IVA and CCAdj, and to rental income of persons
with CCAdj that were partly offset by a large upward
revision to domestic net interest and a downward revision to "subsidies less current surplus of government
enterprises," which is subtracted in the calculation of
GDI.
Statistical discrepancy. Revisions to the statistical
discrepancy reflect the differences between the revisions to GDP and those to GDI.12 For 1999, the statistical discrepancy was revised from -$72.7 billion to
-$38.8 billion (from -0.8 percent to -0.4 percent of
GDP), reflecting a downward revision to GDI and an
upward revision to GDP. For 2000, the statistical dis12. For a further discussion, see the box "The Statistical Discrepancy" in
Robert R Parker and Eugene R Seskin, "Annual Revision of the National
Income and Product Accounts," SURVEY 77 (August 1997): 19.
11. See Bach, "Annual Revision," 33-40.
Data Availability
The estimates in the NIPA tables that follow this article
and the estimates for earlier periods (for most tables,
beginning with 1929 for annual estimates and with 1946
for quarterly estimates) are available on BEA's Web site at
<www.bea.gov>. Later this year, the NIPA estimates will
be available on a CD-ROM; its availability will be
announced in the
SURVEY OF CURRENT BUSINESS and
on
BEA's Web site.
Publication of the revised estimates and of related estimates will continue in subsequent issues of the SURVEY.
The September SURVEY will present table 5.16, which
shows changes in the net stock of produced assets; reconciliation table 8.28, which shows the relationship between
personal income in the NIPA's and adjusted gross income
from the Internal Revenue Service; and new estimates of
fixed assets and consumer durable goods for 2001 and
revised estimates for 1999 and 2000.
The October SURVEY will present "Updated Summary
NIPA Methodologies," which lists the principal source
data and estimating methods used in preparing the current-dollar and real estimates of GDP; tables 3.15-3.17
(government spending by function), tables 3.18-3.20
(government sector reconciliation tables), and tables 9.19.6 (seasonally unadjusted estimates); revised real inventories, sales, and inventory-sales ratios for manufacturing
and trade for 1998:1-2002:1; and revised estimates of
State personal income that incorporate the results of this
annual revision of the NIPA's.
The November SURVEY will present revised and updated
estimates of GDP by industry.
August 2002
SURVEY OF CURRENT BUSINESS
crepancy was revised from ~$130.4 billion to -$128.5
billion (revised less than 0.1 percentage point at -1.3
percent of GDP), reflecting a downward revision to
GDI that was mostly offset by a downward revision to
GDP. For 2001, the statistical discrepancy was revised
from -$149.8 billion to -$117.3 billion (from -1.5 percent to -1.2 percent of GDP), reflecting a large downward revision to GDI that was partly offset by a large
downward revision to GDP.
Compensation of employees. Compensation of
employees was revised down $1.9 billion for 1999, was
revised up $8.2 billion for 2000, and was revised down
$135.1 billion for 2001. For 2000, the revision was
more than accounted for by an upward revision to
other labor income. For 2001, the revision reflected a
very large downward revision to wage and salary accruals that was partly offset by an upward revision to
other labor income.
For 2000, the revision to other labor income reflected upward revisions to employer contributions to
group health and life insurance and to private pension
and profit-sharing plans that were partly offset by
downward revisions to employer contributions to publicly administered government retirement plans. The
revisions to employer contributions to group health
and life insurance and to private pension and
profit-sharing plans reflected the incorporation of
more complete source data. The revision to employer
contributions to publicly administered government retirement plans reflected the incorporation of revised
and new data from Census Bureau surveys of State and
local government finances for fiscal years 2000 and
2001.
For 2001, the revision to wage and salary accruals
reflected a very large downward revision to private
wages and salaries and a smaller downward revision to
Federal Government wages and salaries that were
partly offset by an upward revision to State and local
government wages and salaries. The revisions to private and to State and local government wages and salaries reflected the incorporation of BLS tabulations of
wages and salaries of employees covered by State unemployment insurance (UI).13 (See the box "Revisions
to Wages and Salaries and to Profits" on page 24.) The
revision to Federal Government wages and salaries reflected the incorporation of payroll data from the Office of Personnel Management for 2001 and Federal
Government budget data for fiscal years 2001 and
13. The incorporation of the more comprehensive quarterly UI data into
the NIPA estimates of wages and salaries was previewed in the box "BEA
Estimates of Wages and Salaries for 2001" SURVEY 82 (May 2002): 7.
23
2002. The upward revision to other labor income for
2001 cannot be attributed to the same level of component detail as the revision for 2000, because the previously published estimates were prepared at a less
detailed level.
Proprietors' income with IVA and CCAdj. Proprietors' income with IVA and CCAdj was revised up $6.4
billion for 1999, was revised down $0.2 billion for
2000, and was revised down $15.6 billion for 2001. For
1999, the upward revision was primarily accounted for
by nonfarm proprietors' income. For 2000, a downward revision to farm proprietors' income was largely
offset by an upward revision to nonfarm proprietors'
income. For 2001, both farm and nonfarm proprietors'
income were revised down.
For 2000 and 2001, the downward revision to farm
proprietors' income reflected the incorporation of revised and newly available information from the U.S.
Department of Agriculture.
For 2000, the upward revision to nonfarm proprietors' income reflected an upward revision to the
CCAdj that was partly offset by a downward revision to
nonfarm proprietors' income without CCAdj. The revision to nonfarm proprietors' income was based on
newly available IRS tabulations of sole proprietorship
and partnership tax returns for 2000. For 2001, a
downward revision to nonfarm proprietors' income
without CCAdj that reflected the incorporation of the
retroactive provisions of the Job Creation and Worker
Assistance Act of 2002 on a best-level basis and on revisions to the industry-specific indicators used for extrapolation was partly offset by an upward revision to
the CCAdj.14
Rental income of persons with CCAdj. Rental income of persons with CCAdj was revised up $1.4 billion for 1999, was revised up $5.0 billion for 2000, and
was revised down $4.7 billion for 2001. For 2000, the
upward revision was primarily accounted for by rental
income of persons without CCAdj and reflected upward revisions to rent for owner-occupied and tenant-occupied dwellings and to royalties. Downward
revisions to two categories of expenses—mortgage interest and property insurance—also contributed to the
revision. For 2001, the downward revision reflected a
downward revision to rental income that was partly
14. This act did not affect the estimates of proprietors' income with
CCAdj, because these estimates do not depend on the depreciation
accounting practices used for Federal income tax purposes; instead, this
measure of proprietors' income is based on an estimate of the value of fixed
capital actually used up in the production process. For additional information about the provisions of the act, see the box in the "Business Situation"
SURVEY 82 (April 2002): 6.
Annual Revision of the NIPA's
24
offset by an upward revision to the CCAdj. The revision to rental income primarily reflected an upward revision to closing-cost expenses (see the section
"Changes in Methodology"); the revision to the CCAdj
reflected the incorporation of revised prices for residential housing.
Corporate profits with IVA and CCAdj. Corporate
profits with IVA and CCAdj was revised down for all 3
years: $19.4 billion for 1999, $88.3 billion for 2000, and
$35.5 billion for 2001. The downward revisions were
mostly accounted for by profits before tax, but revisions to the CCAdj also contributed. (For more information on the revisions to profits, see the box
"Revisions to Wages and Salaries and to Profits.") For
August 2002
1999 and 2000, both the CCAdj and the IVA were revised down; for 2000, the revision to the CCAdj accounted for about a fourth of the revision to corporate
profits. For 2001, the downward revision to the CCAdj
was partly offset by an upward revision to the IVA.
(For more information about the CCAdj, see the entry
"Consumption of fixed capital")
For all 3 years, downward revisions to domestic
profits were slightly offset by upward revisions to
rest-of-the-world profits. The revisions to domestic
profits primarily reflected the incorporation of revised
IRS tabulations of corporate tax returns for 1999, of
newly available preliminary tabulations for 2000, and
of other data from regular sources. The revisions to
Revisions to Wages and
In this year's annual revision, the estimate of wage and
salary accruals for 2001 was revised down $147.6 billion;
the change from 2000 to 2001 was revised down to an
increase of 2.4 percent from the previously published
increase of 5.4 percent. The estimate of corporate profits
from current production for 2000 was revised down
$88.3 billion; the change from 1999 was revised down to
a decrease of 2.2 percent from the previously published
increase of 6.2 percent. For 2001, corporate profits was
revised down $35.5 billion; the change from 2000 was
revised up to a decrease of 7.2 percent from the previously published decrease of 12.5 percent.
BEA's estimates of wages and salaries and profits are
critically important in guiding monetary policy and in
projecting Federal budgets and Social Security trust fund
balances. In order to provide more timely information,
BEA has changed its revision schedule to allow earlier
incorporation of comprehensive data on wages and salaries (see the section "Changes in Methodology"). This
change will reduce future annual revisions to wages and
salaries and thus provide more timely and reliable information to budget forecasters and other data users who
rely on the wage and salary estimates. BEA will also be
researching ways to improve the extrapolation of corporate profits.
The large revisions to the estimates of wages and salaries and corporate profits reflect the incorporation of
newly available source data that are more complete, more
reliable, and otherwise more appropriate than those that
were previously incorporated. This box briefly discusses
the differences between the source data used for initial
estimates and the more complete data that were used for
the revised estimates and that led to this year's large revisions.
Wages and salaries. Wage and salary accruals is defined as monetary remuneration of employees—including
commissions, tips, bonuses, gains from exercising non-
qualified stock options, and receipts in kind that represent income.
The Bureau of Labor Statistics (BLS) tabulates wages
and salaries of workers covered by the State unemployment insurance (UI) program and by the Unemployment
Compensation for Federal Employees program. These
source data cover most wages and salaries, and BEA
adjusts the data for misreporting on employment tax
returns and for undercoverage of selected industries and
types of employees (see NIPA table 8.27).
Because the UI-based data are available with a lag of 5
to 6 months, the current estimates of wages and salaries
are extrapolated using data from the BLS monthly current employment statistics payroll survey of nonfarm
employment, hours, and earnings. However, these data
are less comprehensive because they cover hours and
earnings only for production workers (or for nonsupervisory workers in service industries) and because they do
not include commissions, tips, bonuses, or gains from
exercising nonqualified stock options. Thus, the monthly
survey misses a substantial portion of the wage and salary
compensation of high-wage workers. This, in turn, can
lead to large revisions to wages and salaries (see the table
on page 37 of the May 2002 SURVEY).
In 5 of the 13 annual and comprehensive NIPA revisions from 1990 to 2002, the annual growth rate of wages
and salaries was revised by more than 1.0 percentage
point (in absolute value). The revision of-3.0 percentage
points in this year's annual revision is the largest such
revision; the next largest was -2.5 percentage points in
the July 1990 annual revision.
BEA has decided to change its revision policy and
speed up the incorporation of the seasonally adjusted
comprehensive UI data. Henceforth, the release of the
"final" quarterly GDP estimate will include revised estimates of wages and salaries for the prior quarter (see the
"Changes in Methodology" section).
August 2002
SURVEY OF CURRENT BUSINESS
rest-of-the-world profits reflected the incorporation of
the annual revision of the ITA's.
t
Net interest. Net interest was revised up for all 3
years: 20.1 billion for 1999, $78.8 billion for 2000, and
$95.5 billion for 2001.15
For 1999, the revision reflected a downward revision
to monetary interest received by the rest of the world
that was partly offset by an upward revision to imputed interest received by domestic business.
15. Net interest is calculated as the sum of monetary interest paid by
domestic business and by the rest of the world and imputed interest paid by
domestic financial corporate business, less monetary interest received by
domestic business and by the rest of the world and imputed interest
received by domestic business and by the rest of the world.
Salaries and to Profits
Profits. Corporate profits is defined as receipts arising
from current production less associated expenses. Most
businesses prepare profits information on two bases—
financial accounting and tax accounting—that may use
different definitions of some receipts and expenses.
BEA uses the tax-accounting measures as the primary source of information on corporate profits because
they are based on well-specified accounting definitions,
whereas financial-accounting measures allow more flexibility in the way they are applied by corporations. In
addition, the tax-accounting measures are more comprehensive, covering all incorporated businesses—both publicly traded and privately held—and all industries, while
financial-accounting tabulations cover only a subset of
the corporate universe. However, because financial-accounting measures are available on a more timely,
quarterly basis than annual tax return data, they are used
to extrapolate the tax-return-based estimates to current
periods.1
Annual estimates of corporate profits are primarily
based on IRS tabulations of data from corporate tax
returns. The tabulations provide estimates of universe
totals by industry for many of the items on the corporate
income tax return, including receipt and expense items,
tax liabilities, and balance sheet items. These totals are
the starting point for preparing the NIPA estimates.
However, preliminary IRS tabulations become available
about 2 years after the reference year, and the final tabulations are available with a 3-year lag. For example, in this
annual revision, final IRS tabulations replace the estimates for 1999, preliminary IRS tabulations replace the
estimates for 2000, and new BEA extrapolations replace
the estimates for 2001. The extrapolations use industry
indicators based on corporate financial reports (such as
1. The financial-accounting measures are adjusted to remove items
such as capital gains and losses, foreign-source income, dividend
income, and nonrecurring items, because these items are not considered a part of domestic current production.
25
For 2000, downward revisions to monetary interest
received by domestic corporate business and by the
rest of the world and an upward revision to monetary
interest paid by domestic nonfarm sole proprietorships
and partnerships were partly offset by a downward revision to monetary interest paid by domestic corporate
business and by an upward revision to imputed interest received by domestic corporate business.
The revisions to domestic monetary interest reflected the incorporation of revised and newly available IRS tabulations of tax return data for corporations
and for sole proprietorships and partnerships. The revisions to monetary interest received by the rest of
the world reflected the incorporation of the annual
the Census Bureau Quarterly Financial Report), on
reports filed with Government agencies that regulate certain industries, on BEA's tabulations of income from
shareholder reports, on information related to corporate
income (such as sales), and on judgment.
Quarterly estimates are obtained by interpolating and,
for the most recent quarters, by extrapolating indicators
based on financial-accounting measures that are similar
to those used for the annual indicators; however, the
amount of industry detail is somewhat less.
Because the tax-based source data used for the annual
estimates differ from the financial-accounting based
source data for the quarterly estimates, the extrapolation
may misstate the growth in profits. For example, under financial accounting, corporations do not usually
record the most common type of employee stock options
(nonqualified options) as expenses, whereas, under
tax-accounting rules, these options are deducted from
profits when exercised. Thus, financial profits would not
usually decline when nonqualified options are exercised,
whereas tax-based profits would decline.
Despite this important difference, for 9 of the 12 annual or comprehensive revisions between 1991 and 2002,
corporate profits were revised up when the tax-based
data were incorporated into the estimates. For the 2002
annual revision, the large downward revisions to profits
for 1999 and 2000 may reflect the fact that the employee
stock options that many high-tech companies, such as
Internet firms, began providing in the mid-1990s became
fully vested, and the employees started to exercise their
options.
Unfortunately, quarterly information on the value of
exercised nonqualified options is not available on which
to base an adjustment to the extrapolator. BEA is working with the IRS to obtain additional annual information
from administrative records that would allow BEA to
adjust the extrapolated values of corporate profits.
Annual Revision of the NIPA's
26
revision of the ITA's. The revisions to imputed interest
received reflected the incorporation of revised data
from the Federal Reserve Board (FRB) flow-of-funds
accounts on business deposits at commercial banks.
For 2001, the upward revision to net interest was attributable to the revisions to the 2000 levels and to
newly incorporated regular source data from regulatory agencies, particularly data from the FRB
flow-of-funds accounts.16
Consumption of fixed capital (CFC). CFC, which is
the charge for the using up of private and government
fixed capital, was revised down for all 3 years: $6.2 billion for 1999, $12.4 billion for 2000, and $22.1 billion
for 2001. The revisions were mostly accounted for by
downward revisions to the private component of CFC
that reflected the incorporation of revised BEA estimates of fixed investment—primarily for computers
and trucks—and of revised prices. (The estimates of
investment and prices are direct inputs into the calculation of both private and government net capital
stocks, which are used to calculate the CFC.)
Private capital consumption allowances (CCA)—
that is, tax-return-based depreciation for corporations
and nonfarm proprietorships and historical-cost depreciation (using consistent service lives) for farm proprietorships, rental income of persons, and nonprofit
institutions—was revised down for all 3 years: $6.0 billion for 1999, $19.2 billion for 2000, and $12.7 billion
for 2001. These revisions primarily reflected the incorporation of revised and newly available IRS tax return
data. For all 3 years, downward revisions to the corporate component were partly offset by upward revisions
to the noncorporate component. The revisions to the
corporate component for 1999 and 2000 reflected the
incorporation of revised and newly available IRS tax
return data for corporations; for 2001, the revision reflected the incorporation of revised BEA projections of
IRS depreciation and amortization on the basis of BEA
estimates of investment flows and IRS service lives and
depreciation conventions. The revisions to the noncorporate component for 1999 and 2000 reflected the incorporation of revised and newly available IRS tax
return data for nonfarm proprietorships and partnerships; for 2001, the revision reflected the incorporation
of revised BEA projections of IRS tax return data for
nonfarm proprietorships and partnerships.
Private capital consumption adjustment (CCAdj),
which is derived as the difference between private CCA
16. For 2001, the revision cannot be attributed to the same level of component detail as that for 2000, because for 2001, the previously published
estimates were prepared at a less detailed level.
August 2002
and private CFC, was revised down $0.1 billion for
1999, was revised down $7.3 billion for 2000, and was
revised up $8.0 billion for 2001.
Nonfactor income. Nonfactor income—which
comprises indirect business tax and nontax liability,
business transfer payments, and "subsidies less current
surplus of government enterprises"—was revised up
$0.8 billion for 1999, was revised down $5.8 billion for
2000, and was revised down $13.8 billion for 2001. For
2000 and 2001, the revisions primarily reflected downward revisions to indirect business taxes that were
partly offset by downward revisions to "subsidies less
current surplus of government enterprises," which is
subtracted in aggregating nonfactor incomes.
The downward revisions to indirect business taxes
were mainly to State and local indirect business
taxes—specifically to general sales taxes—reflecting
the incorporation of newly available and revised data
from Census Bureau surveys of State and local government finances.
The downward revisions to "subsidies less current
surplus of government enterprises" were mostly accounted for by the Federal Government component
for 2000 and by the State and local government component for 2001. The downward revisions to Federal
Government "subsidies less current surplus of government enterprises" were mostly accounted for by the
current surplus of government enterprises for the U.S.
Postal Service, reflecting newly incorporated financial
data for fiscal years 2000 and 2001 from the U.S. Postal
Service. The downward revisions to State and local
government "subsidies less current surplus of government enterprises" were accounted for by the current
surplus of government enterprises for 1999 and 2000
and by subsidies for 2001. For 2001, the downward revision to subsidies was accounted for by the incorporation of revised estimates of electricity expenditures by
the State of California.
National income. National income—income that
originates from production—was revised up $6.6 billion for 1999, was revised up $3.5 for 2000, and was revised down $95.5 billion for 2001. These revisions
reflected the previously described revisions to compensation of employees, proprietors' income, rental income of persons, corporate profits, and net interest.
Personal income and its disposition. Personal income—income received by persons from participation
in production, from government and business transfer
payments, and from government interest—was revised
up $9.2 billion for 1999, was revised up $87.4 billion
for 2000, and was revised down $38.2 billion for 2001.
August 2002
SURVEY OF CURRENT BUSINESS
These revisions partly reflected the previously described revisions to the components of national income that are included in personal income—wage and
salary disbursements, other labor income, proprietors'
income, and rental income of persons—and to the
components of personal income—personal dividend
income and personal interest income—that are derived from related components of national income.
The revisions also reflected revisions to transfer payments to persons and to personal contributions for social insurance.
Personal dividend income—which consists of dividend income received by persons from all sources and
which equals national income dividends less dividends
received by government—was revised down for all 3
years: $15.1 billion for 1999, $3.5 billion for 2000, and
$7.1 billion for 2001. These revisions reflected the incorporation of revised and newly available IRS tabulations of corporate tax return data, the annual revision
of the ITA's, and data from public financial statements.
Personal interest income—which consists of monetary and imputed interest received by persons from all
sources and which equals net interest plus interest paid
by persons and interest paid by government less interest received by government—was revised up for all 3
years: $19.2 billion for 1999, $76.4 billion for 2000, and
$97.7 billion for 2001. These revisions primarily reflected the previously described revisions to net interest.
Transfer payments to persons was revised down $1.1
billion for 1999, was revised up $1.2 billion for 2000,
and was revised up $21.6 billion for 2001. For 2001,
the revision primarily reflected upward revisions to
State and local government transfer payments to persons and to Federal Government transfer payments to
persons. The revision to State and local government
transfer payments was mostly accounted for by medical care payments and reflected the incorporation of
newly available data from the Centers for Medicare
and Medicaid Services. The revision to Federal Government transfer payments was mostly accounted for
by unemployment benefits and reflected the incorporation of newly available data from the Department of
Labor.
Personal contributions for social insurance—which
is subtracted in calculating personal income—was revised up $0.3 billion for 1999, was revised up $0.7 billion for 2000, and was revised down $1.0 billion for
2001.
Personal tax and nontax payments was revised
down for all 3 years: $0.1 billion for 1999, $1.8 billion
27
for 2000, and $14.1 billion for 2001. For 2001, the revision was more than accounted for by a downward revision to State and local tax and nontax payments,
reflecting the incorporation of revised and newly available data from Census Bureau surveys of State and local government finances.
Reflecting the revisions to personal income and to
personal tax and nontax payments, disposable personal income (DPI) was revised up $9.4 billion for
1999, was revised up $89.2 billion for 2000, and was revised down $24.1 billion for 2001.
Personal outlays—PCE, interest paid by persons,
and "personal transfer payments to the rest of the
world (net)"—was revised down for all 3 years: $3.9
billion for 1999, $44.7 billion for 2000, and $75.4 billion for 2001. For 2000, a downward revision to PCE
accounted for the revision; for 2001, a downward revision to PCE more than accounted for the revision.
Personal saving—the difference between DPI and
personal outlays—was revised up for all 3 years: $13.1
billion for 1999, $133.8 billion for 2000, and $51.3 billion for 2001. For 1999, the revision primarily reflected
the upward revision to DPI. For 2000, the revision reflected the large upward revision to DPI and the large
downward revision to personal outlays. For 2001, the
revision reflected the large downward revision to personal outlays that was partly offset by the downward
revision to DPI. Largely reflecting the revisions to personal saving, the personal saving rate—personal saving
as a percentage of DPI—was revised up from 2.4 percent to 2.6 percent for 1999, was revised up from 1.0
percent to 2.8 percent for 2000, and was revised up
from 1.6 percent to 2.3 percent for 2001.
Gross saving and investment. Gross saving was revised down $3.3 billion for 1999, was revised up $22.2
billion for 2000, and was revised down $78.4 billion for
2001. Gross saving as a percentage of GNP was revised
down 0.1 percentage point to 18.3 percent for 1999,
was revised up 0.3 percentage point to 18.4 percent for
2000, and was revised down 0.6 percentage point to
16.5 percent for 2001.
For 1999, a downward revision to gross government
saving was partly offset by an upward revision to gross
private saving. The revision to gross government saving reflected downward revisions to the Federal Government current surplus and to the State and local
government current surplus. The revision to gross private saving was more than accounted for by an upward
revision to personal saving.
For 2000, an upward revision to gross private saving was partly offset by a downward revision to gross
Annual Revision of the NIPA's
28
government saving. The revision to gross private saving reflected a large upward revision to personal saving
that was partly offset by a large downward revision to
undistributed corporate profits with IVA and CCAdj.
The revision to gross government saving reflected
downward revisions to the State and local government
current surplus and to the Federal Government current surplus.
For 2001, a large downward revision to gross government saving was partly offset by an upward revision
to gross private saving. The revision to gross government saving reflected large downward revisions to the
State and local government current surplus and to the
Federal Government current surplus. Within gross private saving, a large upward revision to personal saving
was partly offset by downward revisions to undistributed corporate profits with IVA and CCAdj, to noncorporate CFC, and to corporate CFC.
Gross investment—the sum of gross private domestic investment, gross government investment, and net
foreign investment—was revised up $30.7 billion for
1999, was revised up $24.1 billion for 2000, and was revised down $45.8 billion for 2001. The revision for
1999 was accounted for by an upward revision to net
foreign investment. The revision for 2000 reflected an
upward revision to net foreign investment that was
partly offset by a downward revision to gross private
August 2002
domestic investment. The revision for 2001 was more
than accounted for by a downward revision to gross
private domestic investment.
Annual price estimates
Revisions to the chain-type price indexes result from
the incorporation of newly available and revised
source data, from the introduction of methodological
changes that affect the use of source data, and from the
regularly scheduled incorporation of annual weights
for the most recent year (2001). In this annual revision,
the source data for price indexes that were used for deflation and the source data that affect implicit prices
were revised.17 Methodological changes included the
introduction of a new price index for services of security and commodity brokers within PCE, exports and
imports, and State and local government consumption
expenditures; a new price index for insurance services
within exports and imports; and new price indexes for
several categories of Federal defense and nondefense
services (see the section "Changes in Methodology").
17. The implicit prices are computed by dividing the current-dollar estimates by the chained-dollar estimates that are derived from the quantity
data used in quantity extrapolation and direct valuation. Thus, differences
between the current-dollar revisions and the chained-dollar revisions to
these components are reflected as revisions to their implicit prices.
Table 8. Revisions to Percent Change in GDP Price Indexes
[Percent change from preceding year]
1998
Previously
published
1999
2000
2001
PreviRevised Revision
ously
published
Previously
Revised Revision
published
Revised Revision
-0.2
-0.2
-0.1
0.1
-0.3
-0.1
1.2
1.4
1.4
0.0
2.3
2.1
Personal consumption expenditures
Durable goods
Nondurable goods
Services
1.1
-2.4
0.0
2.3
1.6
-2.5
2.3
2.2
1.6
-2.5
2.3
2.2
Gross private domestic fixed investment
Won residential
Structures
Equipment and software
Residential
-0.9
-2.1
3.3
-3.9
2.8
-0.1
-0.2
0.0
0.0
0.0
0.0
-0.1
-1.4
2.5
-2.6
3.8
-1.5
1.8
-2.5
3.8
-0.1
-0.7
2.7
-1.6
3.7
3.1
1.2
0.1
4.1
-1.1
4.5
2.5
-1.7
3.8
2.8
1.1
0.1
4.0
-1.2
4.4
-2.2
-3.1
0.0
-5.4
-6.0
-2.3
-0.8
-1.3
0.4
0.1
0.2
-0.4
2.7
2.4
2.2
2.8
2.9
-0.2
0.1
-0.8
-0.5
0.0
1.0
0.8
1.3
1.7
-0.6
-1.4
1.2
0.6
0.2
2.7
2.8
2.4
2.3
2.5
2.9
-0.1
0.3
0.0
1.8
1.1
3.4
4.3
4.8
1.7
3.9
2.9
2.8
3.0
4.4
1.4
1.2
2.1
4.5
4.8
3.3
3.9
3.0
3.0
3.1
4.3
-1.3
0.2
0.0
1.6
0.0
0.1
0.2
0.1
-0.1
0.8
1.5
1.5
0.0
2.6
2.5
-01
Gross domestic product
0.1
0.0
0.0
-0.1
-0.1
-0.1
2.2
1.9
-1.8
1.5
2.8
0.5
-0.5
4.5
-2.2
3.4
2.4
0.2
2.0
-1.9
1.5
3.1
1.2
0.2
5.0
-1.5
4.1
0.1
-0.1
0.0
0.3
0.7
0.7.
0.5
0.7
0.7
-0.8
-0.7
-1.0
1.7
2.2
1.6
1.9
2.7
-0.6
0.0
-1.8
0.4
0.2
1.6
0.4
0.1
0.0
0.2
0.5
1.7
1.9
0.2
Change in private 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
Addendum:
Gross domestic purchases
1.5
-3.1
-0.1
0.0
-0.4
0.1
-0.2
-0.7
0.8
-3.3
-3.1
-4.5
2.0
1.6
1.6
-2.9
-2.9
-2.9
2.4
1.7
August 2002
SURVEY OF CURRENT BUSINESS
In addition, the prices used for deflation reflected updated seasonal factors.
Newly available source data resulted in revisions to
the implicit prices for four types of PCE for services—
automobile insurance, health insurance, brokerage and
investment charges, and "services furnished without
payment by financial intermediaries except life insurance carriers"—and in revisions to the implicit prices
for Federal Government and State and local government compensation of employees. The revisions to
most of these prices reflected the previously discussed
revisions to the corresponding current-dollar estimates.
The annual percent increase in the chain-type price
index for gross domestic purchases was unrevised at
1.5 percent for 1999, was revised down 0.1 percentage
point to 2.5 percent for 2000, and was revised up 0.2
percentage point to 1.9 percent for 2001 (see the
addendum to table 8 and chart 1). The annual percent
increase in the price index for GDP was unrevised at
1.4 percent for 1999, was revised down 0.2 percentage
point to 2.1 percent for 2000, and was revised up 0.2
percentage point to 2.4 percent for 2001.
For 1999, the revisions to the prices of all the major
components of GDP were small. For 2000, the largest
contributor to the downward revision to the price index for gross domestic purchases was PCE for services;
within services, the largest contributor was transportation services (primarily insurance).
For 2001, the largest contributors to the upward revision to the price index for gross domestic purchases
were PCE for services, State and local government
spending, and equipment and software. Within PCE
for services, the largest contributor was medical care
services (primarily, hospitals and nursing homes).
Within State and local government spending, the largest contributor was "compensation of general government employees, except own-account investment."
Within equipment and software, the largest contributor was computers and peripheral equipment.
Changes in Methodology
This section describes the changes in the source data
and in the estimation methods that were incorporated
into this year's annual revision.18 One presentational
change is also discussed.
Earlier incorporation of comprehensive data on
18. These changes update the methodological information in the two
tables that were published in "Updated Summary NIPA Methodologies"
18-40; updated tables will be published in the October 2002 SURVEY.
29
wages and salaries. When the final estimates of GDP
for the current quarter are released (in September, December, March, and June), BEA will now also release
revised estimates of private wages and salaries and affected income-side aggregates for the previous quarter
(for example, in September 2002, BEA will release revised wages and salaries for the first quarter of 2002).19
This new revision schedule will permit the incorporation of the most recently available wage and salary data
from the State unemployment insurance (UI) program
on a more timely basis and thus improve the quality of
the wage and salary estimates.
Underlying this change is a new method for estimating quarterly wages and salaries. Specifically, the quarterly estimates of wages and salaries have been
improved by interpolating and extrapolating using
seasonally adjusted quarterly information from BLS
tabulations of wages and salaries of employees covered
by State UI. Previously, only the annual estimates reflected data from this source; the quarterly estimates of
wages and salaries were interpolated and extrapolated
based on employment, hours, and average hourly
earnings from the establishment survey of the BLS current employment statistics, a less comprehensive data
source. Differences between the two data sources are
described more fully in the box on page 24.
NAICS and improved estimates of PCE services.
The estimates of personal consumption expenditures
(PCE) for services are now prepared using data collected by the Census Bureau on a North American Industry Classification System (NAICS) 1997 basis.
Previously, the estimates were prepared using data that
were collected on a NAICS basis but were converted to
a Standard Industrial Classification (SIC) basis by
BEA.
PCE for services is estimated on a commodity basis
rather than on an industry basis. Data collected on an
industry basis, such as those reported in the Census
19. Affected aggregates include gross domestic income, the statistical discrepancy, gross national income, national income, personal income, disposable personal income, personal saving, gross (national) saving,
compensation, and gross product of corporate business. Other components
that are closely linked to wages and salaries, such as personal tax payments,
may also be revised. The revision schedule will be contingent on the availability of source data and may be adjusted for annual and comprehensive
revisions.
GDP and its components will continue to be revised only for the current
quarter. In order to avoid introducing small revisions to GDP and its components for the prior quarter, the revision schedule for wages and salaries
of government and nonprofit institutions will not be changed. Wages and
salaries of these organizations affect the level of GDP because their output
is measured by costs, and compensation of employees is a component of
their costs.
30
Annual Revision of the NIPA's
Bureau service annual survey (SAS), are allocated to
commodities using "merchandise-line" and "sourcesof-revenue" data from the 1997 Economic Census. Using the NAICS-based industry data improves the estimates of PCE for services by providing increased
coverage and more detail than the SIC-based data. Industries that were not included in the SIC-based SAS
are now reported in the NAICS-based SAS and can be
used to estimate commodities within recreation services, household operation services, and "other services"; previously, the estimates for most of these
commodities were prepared using data on sales, receipts, or wages for broader or less-related industries.
The increased level of detail in the NAICS-based SAS
enables BEA to allocate the industry-based data more
accurately on the basis of merchandise lines or sources
of revenue.
Improved measures of imputed commissions on
equities transactions. Annual, quarterly, and monthly
estimates of imputed commissions on equities transactions are now based on newly available source data on
the quoted spreads of "market makers" from the NASDAQ National Market System.20 Commissions on equities are included in brokerage charges and
investment counseling within PCE for services and
within State and local consumption expenditures for
"other" services; they are also treated as an expense in
the calculation of corporate profits as part of an adjustment to IRS source data for "costs of trading or issuing
corporate securities." Previously, the annual estimates
of spreads were based on historical samples of bid-ask
spreads on NASDAQ stocks and on an examination of
changes in spreads over time; for the quarterly and
monthly estimates of spreads, the annual values were
held constant.
Improved extrapolators for components of PCE
services. Quarterly and monthly estimates of hotel and
motel services and of postage expenses have been improved. The estimates of hotel and motel services for
the most recent month are now extrapolated using estimates of room revenue that are, in turn, based on estimates of monthly occupancy rates, room rates, and
room supply. Monthly occupancy and room rates are
extrapolated using weekly trade source data, and esti20. A market maker buys and sells securities; the spread is the difference
between the price paid for a security and the price charged.
August 2002
mates of monthly room supply are extrapolated using
the number of available rooms based on trade source
data. Previously, the estimates for hotel and motel services for the most recent month were extrapolated
judgmentally.
Monthly and quarterly estimates of postage expenses are now interpolated and extrapolated using
data on quarterly revenues for single-piece letters, flats,
and parcels from the "Revenue, Pieces, and Weight Report" of the U.S. Postal Service. These data are adjusted
from postal service accounting periods to calendar
quarters and then seasonally adjusted and interpolated
to months using the consumer price index for postage.
Previously, estimates of postage expenses were judgmentally interpolated and extrapolated.
Improved estimates of closing costs in rental income. The quarterly estimates of rental income of persons with capital consumption adjustment are
primarily calculated as space rent less expenses. Closing costs are a large and often volatile component of
expenses; these costs include mortgage origination
fees, which are about 1 percent of the value of mortgage originations, and other costs such as those associated with title insurance, attorney fees, and surveys.
The estimates of closing costs have been improved by
using more accurate data on mortgage originations.
Specifically, the annual estimates of total closing costs
are now interpolated using quarterly data on the value
of mortgage originations reported to the Federal Reserve Board (FRB) under the Home Mortgage Disclosure Act (HMDA). Previously, the quarterly values of
mortgage originations were judgmentally estimated.
The quarterly values for 1998 remain judgmental estimates, and those for years prior to 1998 are based on
information from the Department of Housing and Urban Development.
The HMDA data are currently available through the
fourth quarter of 2000 and cover about three-fourths
of the total value of residential mortgage originations.
The data include adjustments for originations by small
lenders and by other parties who are not required
to report to the FRB. Beginning with the first quarter
of 2001, the HMDA data are extrapolated using a
two-quarter moving average of the Mortgage Bankers
Association index of mortgage loan applications
received by commercial banks, thrift institutions, and
mortgage banking companies. These institutions re-
August 2002
SURVEY OF CURRENT BUSINESS
ceive about two-fifths of all residential mortgage applications.
Improved price measures for GDP components.
The price measures of some components of PCE, exports and imports, and Federal Government consumption expenditures have been improved.
New price indexes are introduced for financial services within PCE for services and foreign transactions.
Within PCE for services, producer price indexes
(PPFs) for brokerage services are now used in the deflation of some components of brokerage and investment counseling. Previously, real estimates of these
components were based on volume and trade data
from the Securities and Exchange Commission and
from trade sources and on the value of trading in U.S.
Government and agency securities deflated by the BLS
consumer price index (CPI) for all items. Within
exports and imports, beginning with the fourth quarter of 2000, the PPI for security brokers, dealers, and
investment banking companies replaces an annual implicit price deflator (IPD) from BEA's GDP-by-industry estimates for security and commodity brokers.
Within PCE for services, passenger fare payments by
U.S. residents to U.S. carriers on international flights
are now deflated using the corresponding BLS international price index. Previously, these passenger fare payments were deflated using the BLS import price index
for air passenger fares.
Within PCE for services, real estimates of the commercial bank component of "services furnished
without payment by financial intermediaries except
life insurance" are based on a measure of unpriced
output calculated as total output less priced output.
For the most recent year, the total output measure is
now extrapolated using data for most of the components of the BLS output index; the index itself is not
31
available.21 Previously, estimates of the commercial
bank component for the most recent year were extrapolated based on a judgmental trend.
A new price index is now used in the deflation of net
insurance (premiums less losses), a component of exports and imports of services. Beginning with the first
quarter of 1999, a weighted average of the PPI's for
"life insurance carriers" and "premiums for property
and casualty insurance" replaces an annual IPD from
BEA's GDP-by-industry for insurance carriers.
Installation support services, weapons support services, personnel support services, and printing within
Federal defense consumption expenditures and
"other" services and printing within nondefense consumption expenditures are now deflated using price
indexes derived from PPFs, employment cost indexes,
and CPFs. Previously, weighted averages of indexes derived from average hourly earnings were used.
Presentational change. Only one presentational
change is introduced as part of this annual revision.
Beginning with the second quarter of 2002, the quarterly estimates of net interest—shown in NIPA tables
1.9 and 1.14—will be published with each quarterly
GDP estimate. Previously, the quarterly estimates of
net interest were published only with the preliminary
and final GDP estimates for the first three quarters of
each year and only with the final estimate for the
fourth quarter. The reliability of the source data available for the advance estimates of quarterly net interest
is similar to that available for the preliminary estimate.
21. Since the 1999 comprehensive NIPA revision, estimates for years other
than the most recent year have been based on the BLS output index, the
same index that BLS uses to measure the output of this industry in its estimates of productivity by industry. For further information, see Brent R.
Moulton and Eugene P. Seskin, "A Preview of the 1999 Comprehensive
Revisions of the National Income and Product Accounts: Statistical
Changes," SURVEY 79 (October 1999): 13.
32
August 2 0 0 2
Annual Revision of the NIPA's
Appendix A. Revisions to the National Income and Product Accounts
[Billions of dollars]
2001
2000
1999
Revised
Revision
Revised
Revision
Revised
Revision
Account 1 . National Income and Product Account
-1.9
-1.8
-1.8
0.0
-0.2
-0.6
0.5
5,723.4
4,836.3
4,836.3
0.0
887.1
342.9
544.2
8.2
-0.9
-0.9
0.0
9.1
-0.9
10.0
5,874.9
4,950.6
4,950.6
0.0
924.3
353.9
570.4
-135.1
-147.6
-147.6
0.0
12.5
-4.1
16.6
6.4
714.8
-0.2
727.9
-15.6
1.4
146.6
5.0
137.9
-4.7
-19.4
-15.5
-14.2
-5.2
-9.0
-15.1
6.1
-1.3
-3.8
788.1
767.3
782.3
259.4
522.9
376.1
146.8
-15.0
20.8
-88.3
-65.7
-63.1
-12.1
-51.0
-3.5
-47.5
-2.6
-22.6
731.6
675.1
670.2
199.3
470.9
409.6
61.2
5.0
56.5
-35.5
-25.6
-28.3
-16.7
-11.6
-7.0
-4.7
2.8
-9.9
20.1
611.5
78.8
649.8
95.5
6.6
7,984.4
3.5
8,122.0
-95.5
41.5
31.3
10.2
712.9
32.5
0.2
0.2
0.0
-0.2
-0.8
43.7
33.0
10.6
753.6
34.1
-0.2
-0.1
-0.2
-9.1
-3.5
42.5
33.4
9.1
774.8
47.3
-2.1
-1.6
-0.5
-19.2
-7.5
Consumption of fixed capital
Private
Government
General government
Government enterprises
1,145.2
947.3
197.9
168.6
29.3
-6.2
-6.0
-0.2
-0.3
0.1
1,228.9
1,018.0
210.9
179.5
31.5
-12.4
-11.9
-0.4
-0.6
0.3
1,329.3
1,106.8
222.4
187.7
34.8
-22.1
-20.8
-1.4
-1.7
0.4
Gross national income
9,335.8
1.2
9,976.5
-14.7
10,221.4
-131.2
Compensation of employees
Wage and salary accruals
Disbursements
Wage accruals less disbursements
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income
5,308.8
4,475.6
4,470.4
5.2
833.2
323.0
510.2
Proprietors' income with inventory valuation and capital consumption adjustments
678.4
Rental income of persons with capital consumption adjustment
149.1
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
805.8
757.9
762.1
247.8
514.3
328.4
185.9
-4.2
47.9
Net interest
526.6
National income
7,468.7
Business transfer payments
To persons
To the rest of the world
Indirect business tax and nontax liability
Less: Subsidies less current surplus of government enterprises
Less: Income receipts from the rest of the world
316.9
3.1
383.4
-0.8
316.9
-18.3
Plus: Income payments to the rest of the world
294.1
-26.4
360.0
-36.3
295.0
-45.5
9,313.1
-28.2
9,953.1
-50.3
10,199.4
-158.6
-38.8
33.9
-128.5
1.9
-117.3
32.5
GROSS DOMESTIC PRODUCT
9,274.3
5.7
9,824.6
-48.3
10,082.2
-125.9
Personal consumption expenditures
Durable goods
Nondurable goods
Services
6,246.5
755.9
1,830.1
3,660.5
-3.7
-5.0
-1.2
2.5
6,683.7
803.9
1,972.9
3,906.9
-44.7
-15.7
-16.7
-12.3
6,987.0
835.9
2,041.3
4,109.9
-77.5
-22.4
-13.8
-41.2
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Equipment and software
Residential
Change in private inventories
1,636.7
1,577.2
1,173.5
283.7
403.7
59.5
0.0
-1.0
-1.1
0.2
-1.3
0.2
0.9
1,755.4
1,691.8
1,265.8
314.2
951.6
426.0
63.6
-12.1
-26.3
-27.3
0.6
-27.9
0.9
14.2
1,586.0
1,646.3
1,201.6
324.5
877.1
444.8
-60.3
-47.9
-46.1
-44.4
-5.8
-38.7
-1.5
-1.9
Net exports of goods and services
Exports
Imports
-249.9
989.3
1,239.2
1.0
-0.5
-1.4
-365.5
1,101.1
1,466.6
-1.5
-1.8
-0.3
-348.9
1,034.1
1,383.0
-19.1
-16.3
2.9
Government consumption expenditures and gross investment
Federal
National defense
Nondefense
State and local
1,641.0
565.0
364.3
200.7
1,076.0
8.5
1.0
-0.2
1.2
7.5
1,751.0
589.2
374.9
214.3
1,161.8
10.0
-1.0
-0.5
-0.5
11.0
1,858.0
628.1
399.9
228.2
1,229.9
18.5
12.4
0.9
11.6
6.1
GROSS DOMESTIC PRODUCT
9,274.3
5.7
9,824.6
-48.3
10,082.2
-125.9
Gross domestic income
Statistical discrepancy
August 2002
33
SURVEY OF CURRENT BUSINESS
Appendix A. Revisions to the National Income and Product Accounts—Continued
[Billions of dollars]
1999
Revised
2001
2000
Revision
Revised
Revision
Revised
Revision
Account 2. Personal Income and Outlay Account
Personal tax and nontax payments
1,159.1
-0.1
1,286.4
-1.8
1,292.1
-14.1
Personal outlays
Personal consumption expenditures
Interest paid by persons
Personal transfer payments to the rest of the world (net)
6,453.3
6,246.5
179.5
27.3
-3.9
-3.7
-0.2
6,918.6
6,683.7
205.4
-44.7
-44.7
0.1
0.1
29.5
-0.1
7,223.5
6,987.0
205.4
31.1
-75.4
-77.5
2.2
-0.1
174.0
13.1
201.5
133.8
169.7
51.3
PERSONAL TAXES, OUTLAYS, AND SAVING
7,786.5
9.2
8,406.6
87.4
8,685.3
-38.2
Wage and salary disbursements
4,470.4
-1.8
4,836.3
-0.9
4,950.6
-147.6
Other labor income
510.2
0.5
544.2
10.0
570.4
16.6
Proprietors' income with inventory valuation and capital consumption adjustments.
678.4
6.4
714.8
-0.2
727.9
-15.6
Rental income of persons with capital consumption adjustment
149.1
1.4
146.6
5.0
137.9
-4.7
Personal dividend income
Dividends
Less: Dividends received by government
328.0
328.4
0.4
-15.1
-15.1
0.0
375.7
376.1
0.4
-3.5
-3.5
0.0
409.2
409.6
0.4
-7.1
-7.0
0.0
Personal interest income
Net interest
Net interest paid by government
Interest paid by persons
969.2
526.6
263.1
179.5
19.2
20.1
-0.7
-0.2
1,077.0
611.5
260.1
205.4
76.4
78.8
-2.5
0.1
1,091.3
649.8
236.0
205.4
97.7
1,018.5
-1.1
0.2
1,070.3
33.0
1.2
31.3
-0.1
1,170.4
33.4
987.2
-1.2
1,037.3
1.3
1,137.0
21.6
-1.6
23.2
337.4
0.3
358.4
0.7
372.3
-1.0
7,786.5
9.2
8,406.6
87.4
8,685.3
-38.2
Personal saving
Transfer payments to persons
From business
From government
Less: Personal contributions for social insurance
PERSONAL INCOME
95.5
-0.1
2.2
Account 3. Government Receipts and Expenditures Account
Consumption expenditures
Transfer payments
To persons
To the rest of the world (net)
:
Net interest paid
„
Less: Dividends received by government
Subsidies less current surplus of government enterprises
Less: Wage accruals less disbursements
Current surplus or deficit (-), national income and product accounts
Federal
1,336.3
8.3
1,431.2
8.5
1,522.2
23.9
998.5
987.2
11.4
-1.6
-1.2
-0.2
1,050.8
1,037.3
13.6
0.8
1.3
1,146.6
1,137.0
24.5
23.2
263.1
-0.7
260.1
0.4
0.0
0.4
32.5
-0.8
34.1
-0.4
-2.5
9.6
236.0
1.3
-0.1
0.4
0.0
0.0
47.3
-3.5
-7.5
0.0
0.0
0.0
150.2
111.9
38.3
-11.1
-7.3
-3.8
224.8
206.9
18.0
-26.S
-11.7
-14.8
40.7
72.0
-31.3
-95.8
-47.0
-48.9
2,780.3
-5.8
3,000.6
-23.3
2,992.3
-55.1
1,159.1
-0.1
1,286.4
-1.8
1,292.1
-14.1
247.8
-5.2
259.4
-12.1
199.3
-16.7
712.9
-0.2
753.6
-9.1
774.8
-19.2
660.4
323.0
337.4
-0.3
-0.6
0.3
701.3
342.9
358.4
-0.2
-0.9
0.7
726.1
353.9
372.3
-5.1
-4.1
-1.0
2,780.3
-5.8
3,000.6
-23.3
2,992.3
-55.1
State and local
GOVERNMENT CURRENT EXPENDITURES AND SURPLUS
0.0
0.0
0:0
Personal tax and nontax payments
Corporate profits tax liability
Indirect business tax and nontax liability
Contributions for social insurance
Employer
Personal
GOVERNMENT CURRENT RECEIPTS
34
Annual Revision of the NIPA's
August 2002
Appendix A. Revisions to the National Income and Product Accounts—Continued
[Billions of dollars]
1999
2001
2000
Revision
Revised
Revision
Revised
Revised
Revision
Account 4. Foreign Transactions Account
Exports of goods and services
989.3
-0.5
1,101.1
-1.8
1,034.1
-16.3
Income receipts
316.9
3.1
38,3.4
-0.8
316.9
-18.3
RECEIPTS FROM THE REST OF THE WORLD
1,306.2
2.6
1,484.5
-2.6
1,351.1
-34.4
Imports of goods and services
1,239.2
-1.4
1,466.6
-0.3
1,383.0
2.9
294.1
-26.4
360.0
-36.3
295.0
^5.5
48.9
27.3
11.4
10.2
-0.1
0.1
-0.2
0.0
53.7
29.5
13.6
10.6
-0.7
-0.1
-0.4
-0.2
49.8
31.1
9.6
9.1
0.7
-0.1
1.3
-0.5
-276.0
30.6
-395.8
34.7
-376.7
7.4
1,306.2
2.6
1,484.5
-2.6
1,351.1
-34.4
Income payments
Transfer payments to the rest of the world (net)
From persons (net)
From government (net)
From business
Net foreign investment
PAYMENTS TO THE REST OF THE WORLD
Account 5. Gross Saving and Investment Account
1,636.7
Gross private domestic investment
Gross government investment
Net foreign investment
.
GROSS INVESTMENT
Personal saving
Wage accruals less disbursements (private)
Undistributed corporate profits with inventory valuation and capital consumption
adjustments
Consumption of fixed capital
Private
Government
General government
Government enterprises
0.0
1,755.4
-47.9
304.7
0.1
319.8
1.5
335.8
-5.4
30.6
-395.8
34.7
-376.7
7.4
1,665.4
30.7
1,679.4
24.1
1,545.1
-45.8
174.0
13.1
201.5
133.8
169.7
51.3
5.2
0.0
0.0
0.0
0.0
0.0
229.6
0.9
152.6
-72.7
122.7
-11.8
1,145.2
947.3
197.9
168.6
-6.2
-6.0
-0.2
-0.3
0.1
1,228.9
1,018.0
210.9
179.5
-12.4
-11.9
-0.4
-0.6
1,329.3
1,106.8
222.4
187.7
-22.1
-20.8
-1.4
31.5
0.3
34.8
0.4
224.8
-26.6
40.7
-95.8
29.3
-11.1
150.2
33.9
Statistical discrepancy
-38.8
1,586.0
-276.0
Government current surplus or deficit (-), national income and product accounts
GROSS SAVING AND STATISTICAL DISCREPANCY
-12.1
1,665.4
30.7
-1.7
-128.5
1.9
-117.3
32.5
1,679.4
24.1
1,545.1
-45.8
August 2002
36
National Income and Product Accounts Tables
This section presents revised annual estimates for 19992001, revised quarterly estimates for 1999:1-2002:1, and
the "advance" estimates for 2002:11 for nearly all of the
full set of tables of the national income and product
accounts (NIPA's); these estimates were released on July
31, 2002. For information about the revision, see
"Annual Revision of the National Income and Product
Accounts" in this issue.
Tables 3.15-3.20, 5.16, 8.28, 9.1-9.6 on the revised
basis are not yet available. Tables 5.16 and 8.28 are scheduled to be published in the September 2002 SURVEY OF
CURRENT BUSINESS. The other tables are scheduled to be
published in the October 2002 SURVEY.
The annual and quarterly estimates for gross domestic
product (GDP) are presented in "GDP and Other Major
NIPA Series, 1929-2002:1." The estimates for most of the
NIPA series, beginning with 1929, are available on BEA's
Web site at <www.bea.gov>.
As indicated, the tables present annual [A], quarterly [Q], and monthly [M] estimates.
Summary Tables
A Summary National Income and Product Accounts, 2001
38
5.1 Summary of Percent Change From Preceding Period in Real Gross
Domestic Product and Related Measures [A, Q]
40
5.2 Summary of Contributions to Percent Change in Real Gross
Domestic Product [A, Q]
40
1.1
1.2
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
1. National Product and Income
Gross Domestic Product [A, Q]
Real Gross Domestic Product [A, Q]
Gross Domestic Product by Major Type of Product [A, Q]
Real Gross Domestic Product
by Major Type of Product [A, Q]
Relation of Gross Domestic Product, Gross Domestic Purchases,
and Final Sales to Domestic Purchasers [A, Q]
Relation of Real Gross Domestic Product, Real Gross Domestic
Purchases, and Real Final Sales to Domestic Purchasers [A, Q]
Gross Domestic Product by Sector [A, Q]
Real Gross Domestic Product by Sector [A, Q]
Relation of Gross Domestic Product, Gross National Product,
Net National Product, National Income, and
Personal Income [A, Q]
Relation of Real Gross Domestic Product, Real Gross National
Product, and Real Net National Product [A, Q]
Command-Basis Real Gross National Product [A, Q]
Net Domestic Product by Sector [A]
Real Net Domestic Product by Sector [A]
National Income by Type of Income [A, Q]
National Income by Sector, Legal Form of Organization,
and Type of Income [A]
Gross Product of Corporate Business in Current Dollars
and Gross Product of Nonfmancial Corporate Business
in Current and Chained Dollars [A, Q]
2. Personal Income and Outlays
2.1 Personal Income and Its Disposition [A, Q]
2.2 Personal Consumption Expenditures
by Major Type of Product [A, Q]
2.3 Real Personal Consumption Expenditures
by Major Type of Product [A, Q]
2.4 Personal Consumption Expenditures
by Type of Expenditure [A]
2.5 Real Personal Consumption Expenditures
by Type of Expenditure [A]
2.6 Personal Consumption Expenditures by Type of Product [A]
2.7 Real Personal Consumption Expenditures
by Type of Product [A]
2.8 Personal Income by Type of Income [A, M]
2.9 Personal Income and Its Disposition [A, M]
2.10 Personal Consumption Expenditures
by Major Type of Product [A, M]
2.11 Real Personal Consumption Expenditures
by Major Type of Product [A, M]
3. Government Current Receipts and Expenditures
3.1 Government Current Receipts and Expenditures [A, Q]
3.2 Federal Government Current Receipts and
Expenditures [A, Q]
3.3 State and Local Government Current Receipts and
Expenditures [A, Q]
41
41
42
42
43
43
43
43
44
44
45
45
45
45
46
3.4
3.5
3.6
3.7
Personal Tax and Nontax Receipts [A]
Indirect Business Tax and Nontax Accruals [A]
Contributions for Social Insurance [A]
Government Consumption Expenditures and Gross
Investment by Type [A, Q]
3.8 Real Government Consumption Expenditures
and Gross Investment by Type [A, Q]
3.9 Government Consumption Expenditures Gross
and Net of Sales by Type [A]
3.10 National Defense Consumption Expenditures
and Gross Investment [A, Q]
3.11 Real National Defense Consumption Expenditures
and Gross Investment [A, Q]
3.12 Government Transfer Payments to Persons [A]
3.13 Subsidies Less Current Surplus of Government Enterprises [A]
3.14 Social Insurance Funds Current Receipts and Expenditures [A]
3.15 Government Consumption Expenditures and Gross
Investment by Function [A]*
3.16 Government Current Expenditures by Function [A]*
3.17 Selected Government Current Expenditures by Function [A]*
3.18B Relation of Federal Government Current Receipts and
Expenditures in the National Income and Product Accounts
to the Budget, Fiscal Years and Quarters [A, Q]*
3.19 Relation of State and Local Government Current Receipts and
Expenditures in the National Income and Product Accounts to
Bureau of Census Government Finances Data, Fiscal Years [A]*
3.20 Relation of Commodity Credit Corporation Expenditures in the
National Income and Product Accounts to Commodity Credit
Corporation Outlays in the Budget [A]*
4. Foreign Transactions
Foreign Transactions in the National Income and
Product Accounts [A, Q]
4.2 Real Exports and Imports of Goods and Services and
Receipts and Payments of Income [A, Q]
4.3 Exports and Imports of Goods and Services
by Type of Product [A, Q]
4.4 Real Exports and Imports of Goods and Services
by Type of Product [A, Q]
4.5B Relation of Foreign Transactions in the National Income and
Product Accounts to the Corresponding Items in the
International Transactions Accounts [A]
60
60
60
61
62
63
64
65
66
66
66
4.1
47
48
49
49
50
51
52
53
54
55
56
56
57
58
59
5. Saving and Investment
Gross Saving and Investment [A, Q]
Gross and Net Investment by Major Type [A]
Real Gross and Net Investment by Major Type [A]
Private Fixed Investment by Type [A, Q]
Real Private Fixed Investment by Type [A, Q]
Private Fixed Investment in Structures by Type [A]
Real Private Fixed Investment in Structures by Type [A]
Private Fixed Investment in Equipment and Software
by Type [A]
5.9 Real Private Fixed Investment in Equipment and Software
by Type [A]
5.10B Change in Private Inventories by Industry [A, Q]
5.1 IB Real Change in Private Inventories by Industry [A, Q]
5.12B Private Inventories and Domestic Final Sales by Industry [Q]
5.13B Real Private Inventories and Real Domestic Final Sales
by Industry [Q]
*These tables are not published in this issue. See the introductory text.
5.1
5.2
5.3
5.4
5.5
5.6
5J
5.8
67
67
68
69
70
71
71
71
72
72
73
73
74
74
75
75
76
76
August 2002
5.14
5.15
5.16
6.1C
6.2C
6.3C
6.4C
6.5C
6.6C
6.7C
6.8C
6.9C
6.IOC
6.11C
6.12C
6.13C
6.14C
6.15C
6.16C
6.17C
6.18C
6.19C
6.20C
6.21C
6.22C
Gross Government Fixed Investment by Type [A]
Real Gross Government Fixed Investment by Type [A]
Changes in Net Stock of Produced Assets (Fixed Assets
and Inventories) [A]*
SURVEY OF CURRENT BUSINESS
..77
77
6. Income and Employment by Industry
National Income Without Capital Consumption Adjustment by
Industry Group [A, Q]
78
Compensation of Employees by Industry [A]
79
Wage and Salary Accruals by Industry [A]
79
Full-Time and Part-Time Employees by Industry [A]
80
Full-Time Equivalent Employees by Industry [A]
80
Wage and Salary Accruals Per Full-Time Equivalent Employee by
Industry [A]
81
Serf-Employed Persons by Industry Group [A]
81
Persons Engaged in Production by Industry [A]
82
Hours Worked by Full-Time and Part-Time Employees
by Industry Group [A]
82
Employer Contributions for Social Insurance
by Industry Group [A]
82
Other Labor Income by Industry Group and by Type [A]
83
Nonfarm Proprietors' Income by Industry Group [A]
83
Noncorporate Capital Consumption Allowances
by Industry Group [A]
83
Inventory Valuation Adjustment to Nonfarm Incomes by Legal
Form of Organization and Industry Group [A]
84
Net Interest by Industry Group [A]
84
Corporate Profits by Industry Group [A, Q]
84
Corporate Profits Before Tax by Industry [A]
85
Federal, State, and Local Corporate Profits Tax Liability
by Industry [A]
85
Corporate Profits After Tax by Industry [A]
86
Net Corporate Dividend Payments by Industry [A]
86
Undistributed Corporate Profits by Industry [A]
87
Corporate Capital Consumption Allowances
by Industry [A]
87
7. Quantity and Price Indexes
Quantity and Price Indexes for Gross Domestic Product [A, Q] ....88
Quantity and Price Indexes for Gross Domestic Product, Final Sales,
and Purchases [A, Q]
89
7.3
Quantity and Price Indexes for Gross National Product and Command-Basis Gross National Product [A, Q]
90
7.4
Chain-Type Quantity and Price Indexes for Personal Consumption
Expenditures by Major Type of Product [A, Q]
90
7.5
Chain-Type Quantity and Price Indexes for Personal Consumption
Expenditures by Type of Product [A]
91
7.6
Chain-Type Quantity and Price Indexes for Private Fixed Investment by Type [A, Q]
93
7.7
Chain-Type Quantity and Price Indexes for Private Fixed Investment in Structures by Type [A]
94
7.8
Chain-Type Quantity and Price Indexes for Private Fixed Investment in Equipment and Software by Type [A]
94
7.9
Chain-Type Quantity and Price Indexes for Exports and Imports
of Goods and Services and for Receipts and Payments
of Income [A, Q]
95
7.10 Chain-Type Quantity and Price Indexes for Exports and Imports of
Goods and Services by Type of Product [A, Q]
96
7.11 Chain-Type Quantity and Price Indexes for Government
Consumption Expenditures and Gross Investment
by Type [A, Q]
98
7.12 Chain-Type Quantity and Price Indexes for National Defense Consumption Expenditures and Gross Investment by Type [A]
100
7.13 Chain-Type Quantity and Price Indexes for Gross Government
Fixed Investment by Type [A]
101
7.14 Chain-Type Quantity and Price Indexes for Gross Domestic Product
by Sector [A, Q]
102
7.15 Price, Costs, and Profit Per Unit of Real Gross Product of Nonflnancial Corporate Business [A, Q]
102
7.16B Implicit Price Deflators for Private Inventories by Industry [Q] ...103
7.17 Chain-Type Quantity Indexes for Gross Domestic Product by Major
Type of Product [A, Q]
,
103
7.18B Chain-Type Quantity Indexes for Motor Vehicle
Output [A, Q]
104
7.19 Chain-Type Quantity Indexes for Gross and Net Investment by
Major Type [A]
105
7.20 Chain-Type Quantity and Price Indexes for Personal Consumption
Expenditures by Type of Expenditure [A]
106
7.1
7.2
8.1
8.2
8.3
8.4
8.5
8.6
8.7
8.8B
8.9B
8.10
8.11
8.12
8.13
8.14
8.15
8.16
8.17
8.18
8.19
8.20
8.21
8.22
8.23
8.24
8.25
8.26
8.27
8.28
8.29
8.30
37
8. Supplemental Tables
Percent Change from Preceding Period in Selected
Series [A, Q]
108
Contributions to Percent Change in Real Gross Domestic
Product [A, Q]
110
Contributions to Percent Change in Real Personal Consumption
Expenditures by Major Type of Product [A, Q]
Ill
Contributions to Percent Change in Real Private Fixed Investment by
Type [A, Q]
Ill
Contributions to Percent Change in Real Exports and in Real Imports
of Goods and Services by Type of Product [A, Q]
112
Contributions to Percent Change in Real Government Consumption
Expenditures and Gross Investment by Type [A, Q]
112
Selected Per Capita Product and Income Series in Current and
Chained Dollars [A, Q]
113
Motor Vehicle Output [A, Q]
113
Real Motor Vehicle Output [A,Q]
114
Farm Sector Output, Gross Product, and
National Income [A]
115
Real Farm Sector Output, Real Gross Product, and Real Net
Product [A]
115
Housing Sector Output, Gross Product, and
National Income [A]
115
Real Housing Sector Output, Real Gross Product, and Real Net Product [A]
115
Consumption of Fixed Capital
by Legal Form of Organization [A]
116
Capital Consumption Adjustment by Legal Form of Organization and
Type of Adjustment [A]
116
Business Transfer Payments by Type [A]
116
Supplements to Wages and Salaries by Type [A]
116
Rental Income of Persons by Type [A]
117
Dividends Paid and Received by Sector [A]
117
Interest Paid and Received by Sector and Legal Form of
Organization [A]
117
Imputations in the National Income and Product
Accounts [A]
118
Relation of Consumption of Fixed Capital in the National Income and
Product Accounts to Depreciation and Amortization as Published by
the Internal Revenue Service [A]
120
Relation of Nonfarm Proprietors' Income in the National Income and
Product Accounts to Corresponding Measures as Published by the
Internal Revenue Service [A]
120
Relation of Net Farm Income in the National Income and Product
Accounts to Net Farm Income as Published by the U.S. Department of
Agriculture [A]
120
Relation of Corporate Profits, Taxes, and Dividends in the National
Income and Product Accounts to Corresponding Measures as Published by the Internal Revenue Service [A]
120
Relation of Monetary Interest Paid and Received in the National
Income and Product Accounts to Corresponding Measures as Published by the Internal Revenue Service [A]
121
Relation of Wages and Salaries in the National Income and Product
Accounts to Wages and Salaries as Published by the Bureau of Labor
Statistics [A]
121
Comparison of Personal Income in the National Income and Product
Accounts with Adjusted Gross Income as Published by the Internal
Revenue Service [A]*
Capital Transfers (Net) [A]
121
Contributions to Percent Change in the Gross Domestic Purchases
Price Index [A, Q]
122
9. Seasonally Unadjusted Estimates [Q]*
9.1 Gross Domestic Product, Not Seasonally Adjusted*
9.2 Personal Consumption Expenditures by Major Type of Product, Not
Seasonally Adjusted*
9.3 Federal Government Current Receipts and Expenditures, Not Seasonally Adjusted*
9.4 State and Local Government Current Receipts and Expenditures, Not
Seasonally Adjusted*
9.5 Foreign Transactions in the National Income and Product Accounts,
Not Seasonally Adjusted*
9.6 Corporate Profits with Inventory Valuation Adjustment, Not Seasonally Adjusted*
*These tables are not published in this issue. See the introductory text.
National Product and Income
38
August 2002
S. Summary Tables.
Table A. Summary National Income and Product Accounts, 2001
[Billions of dollars]
Account 1 . National Income and Product Account
Line
Line
Compensation of employees
5,874.9
Wage and salary accruals
4,950.6
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)
4,950.6
0.0
924.3
353.9
570.4
Proprietors' income with inventory valuation and capital consumption
adjustments (2-9)
727.9
Rental income of persons with capital consumption adjustment (2-10)
137.9
Corporate profits with inventory valuation and capital consumption
adjustments
Corporate profits with inventory valuation adjustment
Profits before tax
Profits tax liability (3-13)
Prof its after tax
Dividends (2-12)
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest (2-15)
731.6
675.1
670.2
199.3
470.9
409.6
61.2
5.0
56.5
649.8
National income
8,122.0
Business transfer payments
To persons (2-19)
To the rest of the world (4-8)
Indirect business tax and nontax liability (3-14)
Less: Subsidies less current surplus of government enterprises (3-7)
Consumption of fixed capital (5-7)
Private (5-8)
Government (5-9)
General government (5-10)
Government enterprises (5-11)
Personal consumption expenditures (2-3)
Durable goods
Nondurable goods
Services
6,987.0
835.9
2,041.3
4,109.9
Gross private domestic investment (5-1)
Fixed investment
Nonresidential
Structures
Equipment and software
Residential
Change in private inventories
1,586.0
1,646.3
1,201.6
324.5
877.1
444.8
-60.3
Net exports of goods and services
Exports (4-1)
Imports (4-3)
-348.9
1,034.1
1,383.0
Government consumption expenditures and gross investment (3-1 and 5-2)..
Federal
:
National defense
:
Nondefense
State and local
1,858.0
628.1
399.9
228.2
1,229.9
42.5
33.4
9.1
774.8
47.3
1,329.3
1,106.8
222.4
187.7
34.8
;
Gross national income
10,221.4
Less: Income receipts from the rest of the world (4-2)
316.9
Plus: Income payments to the rest of the world (4-4)
295.0
Gross domestic income
10,199.4
Statistical discrepancy (5-13)
-117.3
GROSS DOMESTIC PRODUCT
10,082.2
GROSS DOMESTIC PRODUCT
10,082.2
Account 2. Personal Income and Outlay Account
Line
Line
Personal tax and nontax payments (3-12)
1,292.1
Wage and salary disbursements (1-3)
Personal outlays
Personal consumption expenditures (1-36)
Interest paid by persons (2-17)
Personal transfer payments to the rest of the world (net) (4-6)
7,223.5
6,987.0
205.4
31.1
Other labor income (1-7)
Personal saving (5-4)
169.7
727.9
Rental income of persons with capital consumption adjustment (1-9)
137.9
Personal dividend income
Dividends (1-15)
Less: Dividends received by government (3-6)
Personal interest income
Net interest (1-19)
Net interest paid by government (3-5)
Interest paid by persons (2-4)
409.2
409.6
0.4
1,091.3
649.8
236.0
205.4
Transfer payments to persons
From business (1-22)
From government (3-3)
1,170.4
33.4
1,137.0
Less: Personal contributions for social insurance (3-17)
8,685.3
570.4
Proprietors' income with inventory valuation and capital consumption
adjustments (1-8)
PERSONAL TAXES, OUTLAYS, AND SAVING
4,950.6
PERSONAL INCOME
372.3
8,685.3
August 2002
39
SURVEY OF CURRENT BUSINESS
Table A. Summary National Income and Product Accounts, 2001—Continued
[Billions of dollars]
Account 3. Government Receipts and Expenditures Account
Line
Line
Consumption expenditures (1—50)..
Transfer payments
To persons (2-20)
To the rest of the world (net) (4-7)..
1,522.2
,
1,146.6
1,137.0
9.6
236.0
Net interest paid (2-16)
1,292.1
199.3
Indirect business tax and nontax liability (1-24)..
774.8
Contributions for social insurance
Employer (1-6)
Personal (2-21)
726.1
353.9
372.3
0.4
Less: Dividends received by government (2-13)
Subsidies less current surplus of government enterprises (1-25)..
47.3
0.0
Less: Wage accruals less disbursements (1-4)
Current surplus or deficit (-), national income and product accounts (5-12)....
Federal
State and local
GOVERNMENT CURRENT EXPENDITURES AND SURPLUS
Personal tax and nontax payments (2-1)..
13 Corporate profits tax liability (1-13)
40.7
72.0
-31.3
2,992.3
GOVERNMENT CURRENT RECEIPTS..
2,992.3
Account 4. Foreign Transactions Account
Line
Exports of goods and services (1-48)
1,034.1
Imports of goods and services (1-49)..
Income payments (1-33)
Income receipts (1-32)
295.0
316.9
Transfer payments to the rest of the world (net).,
From persons (net) (2-5)
From government (net) (3-4)
From business (1-23)
Net foreign investment (5-3)
RECEIPTS FROM THE REST OF THE WORLD
1,383.0
1,351.1
PAYMENTS TO THE REST OF THE WORLD..
49.8
31.1
9.6
9.1
-376.7
1,351.1
Account 5. Gross Saving and Investment Account
Line
Line
Gross private domestic investment (1-40)
Gross government investment (1-50)
Net foreign investment (4-9)
1,586.0
335.8
-376.7
Personal saving (2-6)
Wage accruals less disbursements (private) (1-4)..,
169.7
0
Undistributed corporate profits with inventory valuation and capital
consumption adjustments
122.7
Consumption of fixed capital (1-26)..
Private (1-27)
Government (1-28)
General government (1-29)
Government enterprises (1-30)..
Government current surplus or deficit (-), national income and product
accounts (3-9)
Statistical discrepancy (1-35)..
GROSS INVESTMENT
1,545.1
GROSS SAVING AND STATISTICAL DISCREPANCY
NOTE. Numbers in parentheses indicate accounts and items of counterentry in the accounts. For example, line 7 of account 1 is shown as
"other labor income (2-8)"; the counterentry is shown in account 2, line 8.
1,329.30
1,106.80
222.4
187.7
34.8
40.7
-117.3
1,545.1
National Product and Income
40
August 2 0 0 2
Table S.1. Summary of Percent Change From Preceding Period in Real Gross Domestic Product and Related Measures
[Percent]
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
1998
1999
2001
2000
2002
2.0
5.2
7.1
2.6
4.8
1.1
Personal consumption expenditures .
Durable goods
Nondurable goods
Services
4.8
10.5
4.1
4.0
4.9
11.8
4.7
3.7
4.4
8.2
3.9
3.8
2.5
6.0
2.0
2.0
5.1
24.0
5.2
1.5
4.7
5.5
4.9
4.4
5.7
14.4
4.8
4.4
4.6
10.3
2.5
4.5
5.0
10.1
7.5
2.8
5.3
17.8
2.2
4.4
3.0
-3.7
4.9
3.6
2.4
11.5
2.3
1.4
1.5
8.1
2.0
3.9
2.1
-5.3
2.7
3.3
5.3
-.3
1.5
Gross private domestic investment.
Fixed investment
Nonresidential
Structures
Equipment and software
Residential
Change in private inventories
11.8
11.4
12.5
6.8
14.6
8.0
6.6
7.8
8.1
-1.3
11.5
6.7
6.2
6.1
7.8
6.5
8.2
1.1
-10.7
-3.8
-5.2
-1.7
-6.4
.3
14.1
13.1
14.4
3.3
18.4
-4.7
7.1
7.9
-5.1
12.5
4.9
11.0
5.9
7.7
-6.3
12.5
.9
13.7
-6.0
6.7
10.2
8.2
10.9
-3.0
.2
3.5
12.1
.9
-9.3
-3.4
-2.4
-3.2
3.6
-5.4
.0
-19.7
-2.2
-5.4
-3.1
-6.3
8.2
-17.6
2.9
3.0
6.1
2.1
2.7
2.3
13.3
15.0
13.8
15.5
8.3
17.3
9.3
7.2
7.7
7.7
-4.1
12.0
7.6
Net exports of goods and services .
Exports
Goods
Services
Imports
Goods
Services
2.1
2.1
2.3
11.8
11.7
11.9
3.4
3.8
2.5
10.9
12.2
4.2
9.7
11.3
6.0
13.2
13.5
11.6
-5.4
-5.9
-4.0
-2.9
-3.3
-.5
16.3
18.8
10.5
12.2
14.8
.1
-6.9
-9.0
-1.5
8.4
10.1
.2
4.3
4.6
3.4
15.4
17.1
6.8
10.6
13.2
12.6
15.3
6.4
9.4
9.8
7.1
7.7
6.7
10.2
14.7
13.7
20.6
14.6
16.1
11.2
18.6
20.3
9.6
11.6
19.5
-5.9
13.8
13.6
15.1
-4.0
-7.1
4.4
-1.6
-1.8
-.5
Government consumption expenditures and gross
investment
Federal
National defense
Nondefense
State and local
-1.2
-13.2
-1.8
1.1
3.4
4.6
16.0
15.0
17.9
-1.0
-7.2
-6.1
-9.2
2.4
2.9
2.0
4.7
-2.6
3.3
3.7
4.8
5.0
4.5
3.1
3.9
2.3
2.1
2.7
4.7
2.7
5.0
1.1
4.6
1.3
.9
6.0
33.6
3.6
2.1
3.1
-6.3
7.9
2.9
1.9
2.4
-.6
3.0
-5.2
-4.3
-6.0
2.9
-9.2
.4
-17.3
-8.9
-10.9
-30.1
-2.5
-3.5
18.2
-11.1
-14.5
-8.4
-16.7
-.5
8.1
.3
-1.6
-14.0
-6.0
-6.1
-6.0
-7.9
-9.2
.3
-12.4
-16.1
-2.5
-6.8
-9.4
8.5
-17.3
-18.6
-13.9
-11.8
-9.6
-23.2
5.7
9.5
8.3
11.8
3.8
5.6
6.0
2.7
12.0
5.4
-1.1
1.2
4.6
-4.5
-2.3
3.1
4.8
4.9
2.8
-1.1
2.2
-1.1
.0
4.4
2.7
-1.4
-.1
6.7
3.8
4.3
Gross domestic product
3.0
-3.3
-5.2
17.7
3.4
6^5
Addenda:
Final sales of domestic product
Gross domestic purchases
Final sales to domestic purchasers
Gross national product
Disposable personal income
4.7
14.5
15.4
9.7
5.3
7.1
7.4
14.0
-3.6
4.2
9.9
10.0
9.7
5.6
-19.9
.3
5.6
-1.6
-1.1
10.5
-9.6
-7.9
-.5
-5.8
-14.2
-2.7
14.2
2.9
5.0
-16.5
3.5
-3.4
21.7
8.5
3.7
35.7
11.7
15.2
4.1
23.5
28.9
.1
10.5
13.5
14.3
12.1
8.9
5.6
7.4
11.6
.4
4.6
1.8
7.4
8.0
6.3
-1.1
4.2
2.9
4.3
2.4
5.6
3.0
-.1
2.8
1.6
3.7
-7.6
3.7
14.6
3.8
-13.8
-5.3
-3.3
NOTE. Percent changes from preceding period in the current-dollar and price measures for these series are shown in table 8.1.
Table S.2. Summary of Contributions to Percent Change in Real Gross Domestic Product
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
1998
IV
III
IV
II
I
2002
2001
2000
1999
II
I
IV
III
II
I
III
IV
II
I
Percent change at annual rate:
1
4.3
4.1
3.8
.3
6.7
3.0
2.0
5.2
7.1
2.6
4.8
.6
1.1
-.6
-1.6
-.3
2.7
5.0
1.1
Personal consumption expenditures
Durable goods
Nondurable goods
. .
Services
2
3
4
5
3.18
.80
.81
1.57
3.30
.92
.91
1.47
2.94
.65
.77
1.51
1.67
.48
.39
.80
3.42
1.74
1.03
.66
3.06
.43
.94
1.70
3.72
1.09
.93
1.70
3.14
.81
.51
1.81
3.45
.81
1.48
1.16
3.54
1.36
.45
1.73
2.11
-.30
.99
1.43
2.54
.63
.40
1.51
1.37
-.44
.52
1.29
1.53
.87
.45
.21
.92
.42
-.07
.57
.97
.36
.25
.35
4.05
2.45
.73
.87
2.22
-.55
1.57
1.20
1.30
.20
-.12
1.22
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Equipment and software
Residential
Change in private inventories
6
7
8
9
10
11
12
1.96
1.80
1 49
.21
1.27
.32
.15
1.15
1.29
1 01
-.04
1.05
.28
-.15
1.08
1.03
98
.20
.78
.05
.06
-1.90
-.65
-66
-.05
-.61
.01
-1.24
2.38
2.10
1 71
.11
1.61
.39
.28
1.25
1.26
95
-.14
1.08
.32
-.01
-.86
1.18
97
-.17
1.14
.21
-2.04
1.85
1.01
97
-.20
1.17
.04
.84
2.32
.53
.41
.18
.22
.12
1.80
.39
2.15
1.80
.40
1.41
.35
-1.77
2.92
1.15
1.28
.25
1.03
-.13
1.77
-1.09
.04
46
.37
.09
-.42
-1.12
-.55
-.41
-41
.12
-.53
.00
-.14
-3.65
-.38
-71
-.10
-.61
.34
-3.27
-3.09
-1.95
- 1 93
-.29
-1.64
-.02
-1.14
-.81
-.72
-73
.10
-.83
.02
-.09
-2.88
-1.49
- 1 33
-1.12
-.21
-.16
-1.39
233
-.07
-66
.44
-.22
.60
2.60
1.19
.04
-18
-.41
.24
.22
1.15
13
14
15
16
17
18
19
-1.20
.24
.17
07
-1.44
-1.20
-24
-1.01
.37
.29
.08
-1.38
-1.29
-09
-.75
1.04
.85
.19
-1.79
-1.54
-24
-.18
-.59
-.47
-.13
.42
.40
.01
.17
1.66
1.33
.32
-1.49
-1.48
.00
-1.77
-.78
-.72
-.06
-.99
-1.01
.02
-1.41
.43
.33
.10
-1.84
-1.72
-.12
-.75
1.08
.94
.14
-1.83
-1.64
-.19
.04
1.31
1.11
.20
-1.27
-1.12
-.15
-1.17
.82
.51
.31
-1.99
-1.56
-.43
-1.00
1.53
1.18
.35
-2.54
-2.32
-.21
-.72
1.25
1.44
-19
-1.97
-1.64
-.32
-.23
-.46
-.60
.14
.23
.22
.01
.53
-.69
-.49
-.20
1.22
1.21
.01
-.42
-1.42
-1.34
-.08
1.00
1.18
-.18
-.24
-1.94
-1.49
-45
1.70
1.17
.53
-.28
-.99
-.56
-42
.70
.37
.33
-.75
.33
-.23
56
-1.08
-.40
-.68
-1.77
1.07
.95
12
-2.84
-2.83
.00
?n
.34
.68
.49
.65
.73
.51
.50
.93
.29
19
.10
.36
.32
-.03
.35
.40
-.21
-.21
.00
.72
.15
-.01
.16
.34
.44
.52
-.08
.49
.12
17
-.06
.39
.54
.30
.24
.45
1.00
.36
.10
.25
.64
-.21
.07
.18
-.11
-.28
1.85
.80
54
.26
1.05
1.04
.47
46
.01
.56
.33
.08
00
.08
.41
-.18
-.45
-24
-.21
.28
.99
.14
09
.06
.54
-.20
-.85
-.86
.01
.65
.51
-.05
-07
.02
.39
1.26
.60
.39
.21
.67
.83
21
22
23
24
Gross domestic product
Percentage points at annual rates:
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
NOTE. More detailed contributions to percent change in real gross domestic product are shown in table 8.2. Contributions
to percent change in major components of real gross domestic product are shown in tables 8.3 through 8.6.
.91
.54
.37
-.08
.47
.33
.14
-.14
August 2002
41
SURVEY OF CURRENT BUSINESS
1. National Product and Income
Table 1.1. Gross Domestic Product
[Billions of dollars]
Seasonally adjusted at annual rates
Line
1999
2000
2001
2000
1999
1998
2002
2001
IV
Gross domestic product
Personal consumption
expenditures
Durable goods
Nondurable goods
Services
Gross private domestic
investment
Fixed investment
Nonresidential
Structures
Equipment and
software
Residential
Change in private
inventories
Net exports of goods and
services
Exports
Goods
Services
Imports
Goods
Services
8,984.5
9,092.7
9,171.7
9,316.5
9,516.4
9,649.5
9,820.7
9,874.8
9,953.6 10,028.1 10,049.9 10,097.7 10,152.9 10,313.1 10,369.9
5,856.0 6,246.5 6,683.7
693.2
803.9
755.9
1,708.5 1,830.1 1,972.9
3,454.3 3,660.5 3,906.9
6,987.0
835.9
2,041.3
4,109.9
5,989.1
725.1
1,744.4
3,519.6
6,076.6
728.7
1,773.1
3,574.8
6,195.6
749.9
1,814.4
3,631.3
6,299.4
765.1
1,841.3
3,693.1
6,414.5
779.9
1,891.7
3,742.9
6,552.2
808.4
1,926.9
3,816.9
6,638.7
799.3
1,964.9
3,874.5
6,736.1
810.6
3,936.6
6,808.0
797.2
2,011.1
3,999.7
6,904.7
816.8
2,031.5
4,056.4
6,959.8
820.3
2,044.8
4,094.7
6,983.7
824.0
2,044.3
4,115.4
7,099.9
882.6
2,044.4
4,172.9
7,174.2
859.0
2,085.1
4,230.1
7,253.2
857.8
2,105.6
4,289.8
1,538.7 1,636.7 1,755.4
1,465.6 1,577.2 1,691.8
1,101.2 1,173.5 1,265.8
314.2
283.7
282.4
1,586.0
1,646.3
1,201.6
324.5
1,589.3
1,513.9
1,131.7
287.5
1,618.0
1,543.3
1,150.0
285.5
1,597.8
1,570.1
1,167.7
283.0
1,637.9
1,591.1
1,184.5
279.9
1,693.2
1,604.3
1,191.9
286.3
1,711.4
1,664.6
1,236.6
299.5
1,786.3
1,697.1
1,268.3
308.5
1,766.4
1,705.2
1,283.4
320.9
1,757.4
1,700.4
1,274.8
328.0
1,671.1
1,698.3
1,258.3
333.7
1,597.2
1,654.3
1,210.0
329.9
1,574.9
1,635.5
1,188.1
332.0
1,500.7
1,597.2
1,149.8
302.3
1,559.4
1,589.4
1,126.8
288.3
1,588.8
1,589.6
1,118.9
277.7
877.1
444.8
844.2
382.2
864.5
393.3
884.7
402.4
904.6
406.5
905.5
412.5
937.1
428.0
959.8
428.8
962.5
421.8
946.8
425.6
924.6
440.0
880.2
444.2
856.1
447.4
847.4
447.4
838.5
462.6
841.3
470.7
818.9
364.4
Government consumption
expenditures and gross
investment
Federal
National defense
Nondefense
State and local
II
9,274.3 9,824.6 10,082.2
8,781.5
403.7
951.6
426.0
73.1
59.5
63.6
-60.3
75.4
74.7
27.7
46.8
88.9
46.8
89.2
61.1
57.1
-27.2
-57.1
-60.6
-96.5
-29.9
-151.7
964.9
681.3
283.6
1,116.7
930.0
186.7
-249.9
989.3
697.3
292.0
1,239.2
1,045.3
193.9
-365.5
1,101.1
785.0
316.1
1,466.6
1,243.1
223.5
-348.9
1,034.1
733.5
300.6
1,383.0
1,167.2
215.8
-164.1
979.7
692.0
287.7
1,143.8
952.8
191.0
-196.4
959.2
673.3
285.9
1,155.6
969.5
186.1
-241.8
970.2
680.4
289.8
1,212.0
1,021.0
190.9
-274.6
996.8
703.1
293.7
1,271.4
1,074.3
197.1
-286.7
1,031.2
732.5
298.7
1,317.9
1,116.5
201.4
-330.6
1,055.9
746.9
308.9
1,386.5
1,172.4
214.1
-353.2
1,098.0
778.4
319.6
1,451.1
1,231.6
219.5
-384.9
1,130.9
814.5
316.4
1,515.8
1,285.7
230.1
-393.2
1,119.8
800.3
319.5
1,513.0
1,282.6
230.4
-372.7
1,100.0
787.3
312.7
1,472.8
1,240.1
232.7
-365.7
1,059.7
750.6
309.1
1,425.3
1,189.9
235.5
-312.6
1,005.8
708.5
297.3
1,318.4
1,140.6
177.8
-344.5
971.1
687.7
283.4
1,315.6
1,098.3
217.3
-360.1
977.5
679.8
297.7
1,337.5
1,102.3
235.2
-432.7
1,011.3
707.9
303.4
1,444.1
1,204.1
240.0
1,538.5
539.2
349.1
190.1
999.3
1,641.0 1,751.0
589.2
565.0
374.9
364.3
200.7
214.3
1,076.0 1,161.8
1,858.0
628.1
399.9
228.2
1,229.9
1,570.3
548.4
354.7
193.7
1,021.9
1,594.6
550.0
354.0
196.0
1,044.5
1,620.1
556.1
355.1
201.0
1,064.0
1,653.9
569.0
368.7
200.3
1,084.8
1,695.4
584.9
379.5
205.5
1,110.5
1,716.5
575.7
365.5
210.2
1,140.8
1,748.8
598.5
379.1
219.4
1,150.3
1,757.2
589.7
375.0
214.7
1,167.4
1,781.4
592.9
380.0
213.0
1,188.5
1,825.0
613.3
391.4
221.9
1,211.7
1,858.5
624.8
395.2
229.6
1,233.7
1,851.7
627.4
400.3
227.2
1,224.3
1,896.8
646.9
412.8
234.1
1,249.8
1,939.5
672.0
431.7
240.3
1,267.5
1,960.6
687.3
441.9
245.4
1,273.3
NOTE. Percent changes from preceding period for selected items in this table are shown in table 8.1.
Table 1.2. Real Gross Domestic Product
[Billions of chained (1996) dollars]
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
Equipment and
software
Residential
Change in private
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
1998
2000
1999
9,191.4
9,214.5
8,667.9
8,733.2
8,775.5
8,886.9
9,040.1
9,097.4
9,205.7
9,218.7
9,243.8
9,229.9
9,193.1
9,186.4
9,248.8
9,363.2
9,387.9
5,683.7
726.7
1,686.4
3,273.4
5,964.5
812.5
1,765.1
3,395.4
6,223.9
878.9
1,833.8
3,524.5
6,377.2
931.9
3,594.9
5,784.7
767.3
1,715.3
3,307.6
5,851.4
777.6
1,736.1
3,343.6
5,932.8
804.2
1,756.7
3,379.7
6,000.1
824.1
1,767.7
3,417.4
6,073.6
844.2
1,799.9
3,440.7
6,151.9
879.5
1,809.7
3,477.7
6,198.2
871.3
1,831.6
3,508.2
6,256.8
888.5
1,840.9
3,541.7
6,288.8
876.5
1,853.1
3,570.6
6,326.0
900.6
1,863.7
3,576.3
6,348.0
912.4
1,862.3
3,589.3
6,370.9
922.6
1,868.3
3,597.5
6,464.0
992.0
1,885.0
3,616.6
6,513.8
975.9
1,921.4
3,642.2
6,544.2
981.7
1,918.6
3,669.2
1,558.0
1,480.0
1,135.9
262.2
1,660.5
1,595.2
1,228.4
258.6
1,762.9
1,691.9
1,324.2
275.5
1,574.6
1,627.4
1,255.1
270.9
1,612.1
1,531.7
1,175.4
265.1
1,640.3
1,560.5
1,197.5
262.4
1,620.5
1,587.6
1,220.4
258.9
1,663.4
1,610.6
1,243.3
254.7
1,717.8
1,622.2
1,252.4
258.5
1,727.8
1,673.6
1,297.1
267.0
1,798.1
1,700.9
1,329.1
272.3
1,770.3
1,701.7
1,340.7
280.2
1,755.2
1,691.3
1,329.9
282.7
1,661.8
1,682.1
1,311.4
280.4
1,583.5
1,633.5
1,261.0
274.4
1,562.7
1,615.7
1,241.7
276.3
1,490.3
1,578.4
1,206.4
252.7
1,554.0
1,576.4
1,188.4
243.2
1,584.7
1,577.5
1,183.6
234.2
875.4
345.1
975.9
368.3
1,056.0
372.4
988.2
373.5
912.9
357.4
939.1
364.1
967.1
368.4
996.1
369.2
1,001.2
371.7
1,038.0
379.1
1,065.3
376.2
1,067.7
367.2
1,053.1
367.2
1,036.1
374.5
989.9
374.0
966.4
374.3
960.3
371.0
953.7
383.6
960.6
388.2
8,508.9
76.7
62.8
65.0
-61.4
80.0
80.0
31.2
47.6
92.2
45.3
91.5
63.1
59.9
-26.9
-58.3
-61.8
-98.4
-28.9
1.0
-221.1
1,002.4
722.9
279.8
1,223.5
1,031.4
192.2
-320.5
1,036.3
750.0
286.8
1,356.8
1,157.5
200.3
-398.8
1,137.2
834.7
304.1
1,536.0
1,313.7
223.6
-415.9
1,076.1
785.2
292.0
1,492.0
1,270.5
222.4
-239.2
1,025.6
742.8
283.3
1,264.8
1,070.6
194.6
-283.2
1,007.5
725.4
282.3
1,290.7
1,096.7
194.7
-319.6
1,018.1
733.7
284.6
1,337.7
1,140.7
197.9
-339.6
1,044.1
756.8
287.9
1,383.7
1,182.3
202.6
-339.5
1,075.6
784.2
292.4
1,415.2
1,210.2
206.1
-368.8
1,095.8
797.1
299.6
1,464.6
1,249.6
216.0
-394.6
1,133.9
827.4
307.6
1,528.5
1,308.8
221.0
-413.1
1,165.5
865.0
303.0
1,578.6
1,351.1
228.9
-418.5
1,153.7
849.2
306.3
1,572.2
1,345.1
228.6
-404.5
1,135.8
836.0
301.6
1,540.3
1,313.1
228.8
-414.8
1,098.8
800.1
299.7
1,513.6
1,281.1
233.5
-419.0
1,048.0
760.0
288.7
1,467.0
1,249.2
218.6
-425.3
1,021.8
744.6
278.2
1,447.2
1,238.7
208.9
-446.6
1,030.6
738.1
292.2
1,477.1
1,250.0
225.5
-497.5
1,059.5
764.7
295.1
1,557.1
1,331.9
225.6
1,483.3
525.4
341.6
183.8
957.7
1,540.6
537.7
348.8
188.8
1,002.4
1.4
1,582.5
544.4
348.7
195.6
1,037.4
2.1
1,640.4
570.6
366.0
204.4
1,069.4
22.6
1,504.8
531.7
345.8
185.8
972.8
-3.0
1,515.9
527.2
341.2
185.9
988.3
-1.4
1,526.7
530.6
341.0
189.5
995.7
3.4
1,546.5
540.1
352.4
187.7
1,006.0
4.2
1,573.2
553.0
360.8
192.1
1,019.8
-1.3
1,568.3
533.8
341.3
192.3
1,033.8
2.6
1,586.1
554.0
353.4
200.3
1,031.8
-1.4
1,582.2
543.7
347.9
195.6
1,037.8
.1
1,593.4
546.4
351.9
194.3
1,046.3
6.4
1,615.7
559.0
359.0
199.8
1,056.2
14.5
1,638.0
567.2
361.4
205.6
1,070.2
26.7
1,633.3
568.9
365.5
203.2
1,064.1
29.1
1,674.5
587.2
378.0
209.1
1,087.1
20.2
1,697.3
597.8
388.5
209.3
1,099.3
20.2
1,704.8
608.6
396.0
212.6
1,096.3
27.2
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar 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
2002
2000
2001
1998
2001
1999
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.
Chain-type quantity indexes for the series in this table are shown in table 7.1.
42
August 2 0 0 2
National Product and Income
Table 1.3. Gross Domestic Product by Major Type of Product
[Billions of dollars]
Seasonally adjusted at annual rates
Line
Gross domestic product
Final sales of domestic
product
Change in private
inventories
Goods
Final sales
Change in private
inventories
Durable goods
Final sales
Change in private
inventories'
Nondurable goods
Final sales
Change in private
inventories'
Services
Structures
Addenda:
Motor vehicle output
Gross domestic product
less motor vehicle
output
1998
1999
1999
2001
2000
2000
2002
2001
8,781.5
9,274.3 9,824.6 10,082.2
8,984.5
9,092.7
9,171.7
9,316.5
9,516.4
9,649.5
9,820.7
9,874.8
9,953.6
10,028.1 10,049.9 10,097.7
10,152.9
10,313.1
8,708.4
9,214.8 9,761.1 10,142.5
8,909.1
9,018.0
9,144.0
9,269.7
9,427.5
9,602.6
9,731.5
9,813.6
9,896.6
10,055.3
10,107.0
10,158.3
10,249.4
10,343.0
10,370.8
27.7
89.2
61.1
57.1
3,672.1
3,611.0
3,651.7
3,587.9
3,645.0
3,599.1
3,695.5
-29.9
3,664.2
3,694.1
3,651.3
3,594.7
-60.6
3,568.6
3,629.2
-96.5
3,676.0
3,586.8
-27.2
3,619.1
3,646.3
-57.1
3,582.6
3,493.7
46.8
3,604.0
3,557.2
59.5
63.6
73.1
3,305.4 3,473.4 3,651.0
3,232.3 3,413.9 3,587.4
3,593.7
3,654.0
75.4
3,393.2
3,317.8
3,406.8
3,332.1
3,420.7
3,393.0
46.8
3,483.5
3,436.7
-60.3
3,652.1
73.1
1,569.0
1,524.4
59.5
1,649.6
1,612.1
63.6
1,735.0
1,690.9
-60.3
1,611.4
1,676.4
75.4
1,622.0
1,572.4
74.7
1,613.2
1,568.6
27.7
1,614.1
1,601.9
46.8
1,667.8
1,632.4
88.9
1,703.4
1,645.5
46.8
1,720.0
1,684.3
89.2
1,759.2
1,695.5
61.1
1,741.5
1,708.4
57.1
1,719.5
1,675.5
-27.2
1,660.1
1,697.3
-57.1
1,608.8
1,671.5
-60.6
1,582.6
1,647.9
-96.5
1,594.1
1,689.1
-29.9
1,621.2
1,641.5
-.8
1,613.2
1,615.7
44.6
1,736.4
1,707.9
37.5
1,823.8
1,801.7
44.1
1,915.9
1,896.5
-65.0
1,982.3
1,977.6
49.6
1,771.2
1,745.4
44.6
1,793.6
1,763.5
12.2
1,806.6
1,791.1
35.4
1,815.7
1,804.3
57.8
1,879.2
1,848.1
35.7
1,884.0
1,872.8
63.6
1,916.8
1,891.3
33.2
1,930.6
1,902.6
44.0
1,932.3
1,919.2
-37.2
1,959.0
1,949.1
-62.8
1,979.2
1,973.5
-65.2
1,986.0
1,981.3
-95.0
2,005.0
2,006.4
-20.3
2,042.9
2,052.6
-2.5
2,038.1
2,036.4
19.4
22.0
28.5
4,678.6 4,947.1 5,259.2
797.5 853.8
914.5
4.7
5,535.1
953.3
25.8
30.1
15.5
11.4
31.1
11.1
25.6
28.0
13.1
10.0
5.6
4.7
-1.5
4,764.8
4,902.0
4,982.3
5,062.6
5,138.5
5,497.4
5,579.4
5,613.1
850.8
871.2
907.0
5,288.3
914.4
5,450.6
849.0
5,236.0
908.7
5,373.9
826.5
4,841.5
844.4
927.9
958.4
964.6
949.7
940.7
-9.7
5,696.6
952.3
5,776.6
942.1
333.6
350.5
353.4
351.3
345.7
330.4
314.0
296.8
307.9
315.6
327.7
331.8
333.3
8,838.1
8,966.0
9,163.0
9,298.2
9,475.0
9,544.3
9,639.6
9,731.3
9,741.9
9,782.1
9,825.2
9,981.3
10,036.7
314.6
343.2
335.4
312.0
346.3
335.5
8,466.9
8,931.1
9,489.3
9,770.2
8,638.2
8,757.2
1. Estimates for durable goods and nondurable goods for 1997 and earlier periods are based on the 1987 Standard
Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification
System (NAICS).
1.7
NOTE. Percent changes from preceding period for gross domestic product and for final sales of domestic product are
shown in table 8.1.
Table 1.4. Real Gross Domestic Product by Major Type of Product
[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates
Line
Gross domestic product
Final sales of domestic
product
Change in private
inventories
Residual
Goods
Final sales
Change in private
inventories
Durable goods
Final sales
Change in private
inventories'
Nondurable goods
Final sales
Change in private
inventories'
Services
Structures
Residual
Addenda:
Motor vehicle output
Gross domestic product
less motor vehicle
output
1999
2000
2001
8,508.9
8,859.0
9,191.4
9,214.5
8,667.9
8,733.2
8,775.5
8,886.9
9,040.1
9,097.4
9,205.7
9,218.7
9,243.8
9,229.9
9,193.1
9,186.4
9,248.8
9,363.2
9,387.9
8,431.8
8,793.9
9,121.1
9,258.4
8,588.5
8,654.3
8,741.0
8,833.6
8,946.6
9,042.9
9,111.1
9,150.4
9,179.8
9,243.8
9,234.3
9,230.5
9,324.9
9,379.4
9,377.1
76.7
.4
3,332.3
3,254.5
62.8
2.3
3,510.3
3,445.2
65.0
5.3
80.0
-.6
3,429.0
3,348.9
80.0
-1.1
63.1
5.2
59.9
4.1
-26.9
-28.9
1.0
9.8
3,668.7
3,604.8
13.0
3,627.2
3,647.8
-98.4
22.3
3,698.1
-58.3
17.1
3,574.1
3,624.5
-61.8
17.7
3,560.3
3,420.9
45.3
9.2
3,636.7
3,361.5
47.6
5.7
3,522.7
3,470.1
91.5
3.1
3,441.1
31.2
3.3
3,453.7
92.2
1.3
3,674.3
3,603.7
-61.4
17.5
3,589.9
3,643.3
3,613.8
3,598.2
3,686.8
76.7
1,634.0
1,585.3
62.8
1,756.7
1,714.5
65.0
1,870.4
1,821.1
-61.4
1,754.9
1,823.9
1,705.0
1,650.4
80.0
1,706.9
1,657.4
31.2
1,714.2
1,698.8
47.6
1,781.0
1,740.9
46.5
1,701.2
1,671.7
39.9
1,759.2
1,736.1
46.0
1,813.2
1,791.2
-67.9
1,834.2
1,825.6
52.2
1,728.5
1,702.3
47.2
1,738.2
1,707.9
14.2
1,743.8
1,727.1
29.6
19.5
4,728.9
-13.2
4.6
27.5
4,476.7
767.6
-8.8
32.6
4,518.0
797.9
4.8
4,826.4
797.1
-3.9
22.8
4,577.6
777.2
-9.1
318.0
345.8
336.5
315.9
8,191.3
8,514.3
8,854.8
8,896.6
4,431.0
748.7
1999
2000
3,623.6
3,528.3
2001
3,583.0
3,601.4
3,693.9
3,625.6
92.2
1,824.8
1,760.8
45.3
1,851.8
1,811.5
91.5
1,896.5
1,826.2
63.1
1,877.9
1,840.4
59.9
1,855.2
1,806.1
-26.9
1,800.7
1,839.0
-58.3
1,750.4
1,816.8
-61.8
1,727.0
1,796.1
37.2
1,749.0
1,735.9
61.0
1,805.7
1,773.4
36.1
1,794.0
1,780.1
66.4
1,812.6
1,784.5
35.4
1,825.1
1,794.9
46.2
1,821.3
1,805.4
-38.1
1,829.9
1,817.0
-65.7
1,823.5
1,814.4
-68.5
1,830.5
1,821.9
16.9
4,550.3
10.5
4,598.9
771.7
-8.2
25.9
4,722.9
796.5
27.9
4,741.7
794.0
9.8
775.5
-7.3
9.6
4,666.2
803.7
-9.8
14.5
4,784.8
778.3
-8.2
31.4
4,643.2
783.4
-13.1
797.3
4,795.6
809.2
5.1
4,809.7
806.7
-16.7
-15.6
-10.5
-2.6
6.1
4,830.9
791.8
9.3
348.5
338.4
336.7
353.1
354.9
353.5
346.3
331.1
315.0
298.7
312.2
8,320.9
8,395.7
8,439.6
8,535.3
8,686.5
8,745.2
8,860.0
8,887.0
8,926.9
8,927.6
8,878.5
1. Estimates for durable goods and nondurable goods for 1997 and earlier periods are based on the 1987 Standard
Industrial Classification (SIC); later estimates for these industries are based on the North American Industry Classification
System (NAICS),
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar 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
2002
1998
12.7
3,670.8
3,693.4
3,664.8
3,657.6
-98.4
1,741.7
1,843.8
-28.9
1,781.1
1,801.6
1.0
1,784.9
1,785.5
-99.3
1,853.1
1,849.1
-20,3
1,886.8
1,890.7
-2.0
1,878.1
1,871.3
-8.8
2.9
4,869.1
780.5
6.4
4,903.2
4,943.4
780.9
320.2
332.6
340.5
345.7
8,864.5
8,915.7
9,022.6
9,042.7
4.9
792.1
4.7
5.9
following change in private inventories is the difference between gross domi
domestic product and of change in private inventories; the residual line following structures is the difference between gross
domestic product and the sum of the detailed lines of goods, of services, and of structures.
Percent changes from preceding period for gross domestic product and for final sales of domestic product are shown in
table 8.1.
Chain-type quantity indexes for the series in this table are shown in table 7.17.
August 2002
43
SURVEY OF CURRENT BUSINESS
Table 1.5. Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers
[Billions of dollars]
Seasonally adjusted at annual rates
Line
Gross domestic product ...
Less: Exports of goods and
services
Plus: Imports of goods and
services
. . .
Equals: Gross domestic
purchases
Less: Change in private
inventories
Equals: Final sales to
domestic purchasers ...
1
1998
8,781.5
1QQQ
2000
2001
9,274.3
9,824.6
10,082.2
1999
1998
2001
2000
IV
I
II
III
IV
I
II
III
IV
8,984.5
9,092.7
9,171.7
9,316.5
9,518.4
9,649.5
9,820.7
9,874.8
9,953.6
I
2002
III
II
I
IV
II
10,028.1 10,049.9 10,097.7 10,152.9 10,313.1 10,369.9
2
964.9
989.3
1,101.1
1,034.1
979.7
959.2
970.2
996.8
1,031.2
1,055.9
1,098.0
1,130.9
1,119.8
1,100.0
1,059.7
1,005.8
971.1
977.5
1,011.3
3
1,116.7
1,239.2
1,466.6
1,383.0
1,143.8
1,155.6
1,212.0
1,271.4
1,317.9
1,386.5
1,451.1
1,515.8
1,513.0
1,472.8
1,425.3
1,318.4
1,315.6
1,337.5
1,444.1
4
8,933.3
9,524.2 10,190.1 10,431.0
9,148.6
9,289.1
9,413.5
9,591.2
9,803.1
9,980.1 10,173.9 10,259.7 10,346.8 10,400.8 10,415.5 10,410.4 10,497.4 10,673.1 10,802.7
5
73.1
6
8,860.1
59.5
-60.3
75.4
74.7
111
46.8
88.9
9,464.7 10,126.6 10,491.4
9,073.2
9,214.4
9,385.8
9,544.4
9,714.2
63.6
89.2
46.8
57.1
61.1
-57.1
-27.2
-96.5
-60.6
-.8
-29.9
9,933.3 10,084.7 10,198.5 10,289.8 10,428.0 10,472.6 10,470.9 10,593.9 10,703.1 10,803.5
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
[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates
Line
Gross domestic product...
Less: Exports of goods and
services
Plus: Imports of goods and
services
Equals: Gross domestic
purchases
Less: Change in private
inventories
Equals: Final sales to
domestic purchasers ...
1998
1
8,508.9
1999
2000
2001
1999
1998
2000
2001
2002
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
9,218.7
9,243.8
9,229.9
9,193.1
9,186.4
9,248.8
9,363.2
9,387.9
8,859.0
9,191.4
9,214.5
8,667.9
8,733.2
8,775.5
8,886.9
9,040.1
9,097.4
9,205.7
2
1,002.4
1,036.3
1,137.2
1,076.1
1,025.6
1,007.5
1,018.1
1,044.1
1,075.6
1,095.8
1,133.9
1,165.5
1,153.7
1,135.8
1,098.8
1,048.0
1,021.8
1,030.6
1,059.5
3
1,223.5
1,356.8
1,536.0
1,492.0
1,264.8
1,290.7
1,337.7
1,383.7
1,415.2
1,464.6
1,528.5
1,578.6
1,572.2
1,540.3
1,513.6
1,467.0
1,447.2
1,477.1
1,557.1
4
8,721.3
9,160.2
9,561.2
9,600.7
8,896.6
9,002.1
9,076.2
9,204.9
9,357.7
9,440.8
9,571.9
9,600.9
9,631.0
9,604.6
9,577.1
9,575.8
9,645.3
9,778.2
9,844.8
5
76.7
62.8
65.0
-61.4
80.0
80.0
31.2
47.6
92.2
45.3
91.5
63.1
59.9
-26.9
-58.3
-61.8
-98.4
-28.9
1.0
6
8,644.0
9,095.1
9,490.7
9,644.9
8,817.1
8,923.1
9,041.7
9,151.5
9,263.9
9,386.3
9,477.0
9,532.5
9,566.8
9,618.7
9,618.7
9,620.3
9,722.3
9,794.4
9,833.9
Percent changes from preceding period for selected series in this table are shown in table 8.1.
Chain-type quantity indexes for selected series in this table are shown in table 7.2.
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar 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.
Table 1.7. Gross Domestic Product by Sector
[Billions of dollars]
Seasonally adjusted at annual rates
Line
Gross domestic product
Nonfarm 2
Nonfarm less housing
Housing
Farm
Households and institutions
Private households
Nonprofit institutions
General government3
Federal
State and local
1
2
3
4
5
6
7
8
9
10
11
12
1998
1999
2000
8,781.5 9,274.3 9,824.6 10,082.2
7,418.0 7,847.7 8,311.4 8,482.7
8,402.1
7,337.4 7,772.5 8,233.6
7,571.1
6,631.8 7,018.9 7,435.9
797.8
753.6
831.1
705.6
77.8
75.2
80.6
80.6
431.1
383.8
403.1
459.6
13.6
12.7
11.9
14.0
417.5
369.8
390.4
447.7
979.8 1,023.5 1,082.1 1,139.8
323.4
298.6
307.6
332.8
758.7
715.9
807.0
681.2
1999
1998
2001
2001
2000
IV
I
II
III
IV
I
II
III
8,984.5
7,598.0
7,517.2
6,793.2
724.0
80.9
391.8
14.1
377.7
994.7
301.5
693.2
9,092.7
9,171.7
9,316.5
9,516.4
9,820.7
7,688.5
7,608.9
6,871.8
737.1
79.6
395.8
13.2
382.5
1,008.4
307.3
701.1
7,751.5
7,674.6
6,928.0
746.6
76.9
402.8
12.7
390.1
1,017.4
307.1
710.3
7,886.0
7,813.7
7,054.1
759.5
72.4
401.9
12.4
389.5
1,028.6
308.3
720.3
8,064.8
7,992.9
7,221.7
771.2
71.9
412.1
12.5
399.6
1,039.5
307.6
731.8
9,649.5
8,164.3
8,090.8
7,306.8
784.0
73.5
420.9
13.6
407.4
1,064.3
321.3
743.0
9,874.8
8,352.3
8,274.6
7,472.0
802.6
77.8
435.4
13.6
421.8
1,087.0
323.1
763.9
1. Equals gross domestic product less gross product of households and institutions and of general governi
2. Equals gross domestic business product less gross farm product.
8,313.0
8,232.7
7,441.3
791.4
80.3
426.2
13.7
412.5
1,081.5
328.0
753.4
I
IV
II
2002
IV
I
II
10,152.9
10,313.1
8,656.2
8,567.6
7,712.8
854.8
88.6
472.5
10.5
462.0
1,184.4
350.1
834.3
10,369.9
8,694.1
8,623.6
7,747.1
876.5
70.4
481.1
10.7
470.5
1,194.8
353.2
841.5
III
9,953.6 10,028.1 10,049.9 10,097.7
8,416.1 8,461.6 8,459.5 8,484.6
8,382.3
8,379.9
8,336.4
8,402.7
7,567.1
7,549.3
7,523.4
7,566.4
815.2
830.6
813.0
836.3
79.3
79.7
79.7
81.9
449.2
457.7
441.8
465.1
12.9
12.3
13.4
11.6
436.2
445.3
428.4
453.5
1,095.7 1,117.4 1,132.6 1,148.0
330.5
332.7
321.1
333.7
786.8
800.0
774.6
814.3
8,525.2
8,443.7
7,601.5
842.1
81.6
466.6
10.7
455.9
1,161.1
334.3
826.8
3. 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
[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
IV
Gross domestic product
Business'
Nonfarm 2
Nonfarm less housing .
Housing
Farm
Households and institutions
Private households
Nonprofit institutions
General government3
Federal
State and local
Residual
1
2
3
4
5
6
7
8
9
10
11
12
13
1999
1998
I
2000
III
IV
I
8,886.9
7,568.7
7,460.4
6,764.8
696.0
108.0
379.7
11.4
368.3
940.3
284.8
655.3
-1.7
9,040.1
9,097.4
9,205.7
9,218.7
9,243.8
9,229.9
7,716.3
7,605.8
6,904.6
701.9
110.3
382.8
11.4
371.4
943.6
283.8
659.7
-3.0
7,761.8
7,645.7
6,940.4
706.2
118.9
386.1
12.2
373.9
952.0
287.6
664.3
-6.1
7,860.1
7,742.6
7,035.1
708.6
120.3
387.6
12.1
375.5
960.9
293.7
667.1
-6.7
7,872.6
7,752.4
7,040.2
713.2
124.6
389.5
12.0
377.6
959.5
288.8
670.6
-8.3
7,892.5
7,776.1
7,060.7
716.2
118.2
392.2
11.7
380.6
962.0
287.7
674.2
-5.5
7,869.2
7,755.0
7,044.4
711.6
114.9
394.9
11.1
383.9
968.0
290.6
677.2
-3.8
8,508.9
8,859.0
9,191.4
9,214.5
8,667.9
8,733.2
8,775.5
7,208.9
7,107.7
6,443.3
664.7
100.3
371.9
13.3
358.6
928.8
286.2
642.5
.0
7,542.5
7,434.4
6,743.0
691.9
108.1
379.2
11.7
367.5
939.0
285.2
653.7
-2.1
7,846.8
7,729.2
7,019.1
711.0
120.5
388.9
12.0
376.9
958.6
289.4
669.0
-6.5
7,838.3
7,724.7
7,012.9
712.6
114.3
398.7
10.1
388.7
978.5
291.3
687.0
-2.4
7,359.8
7,256.8
6,583.9
673.5
102.1
375.1
13.2
361.8
934.0
286.7
647.2
-.5
7,422.4
7,317.8
6,636.3
682.0
104.0
376.2
12.3
363.9
935.7
287.0
648.6
-.9
7,462.6
7,353.6
6,666.3
687.7
110.1
377.9
11.7
366.2
936.3
285.1
651.1
-2.7
1. Equals gross domestic product less gross product of households and institutions and of general government.
2. Equals gross domestic business product less gross farm product.
3. Equals compensation of general government employees plus general government consumption of fixed capital as
shown in table 3.8.
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-
II
2001
II
III
IV
I
II
2002
III
IV
I
9,193.1
9,186.4
9,387.9
7,803.4
7,693.9
6,980.8
713.5
108.3
400.4
9.8
390.6
982.9
291.6
691.0
.8
9,248.8
7,859.4
7,739.2
7,032.2
708.3
124.4
401.0
9.0
392.0
988.9
292.0
696.5
-5.6
9,363.2
7,821.3
7,710.8
6,994.0
717.1
109.5
398.6
10.6
388.1
974.3
291.1
683.0
-.3
7,966.9
7,849.1
7,140.4
710.9
119.8
403.4
8.7
394.8
994.3
294.3
699.7
-5.4
7,985.1
7,870.4
7,148.2
723.1
114.6
406.2
8.8
397.5
997.8
295.6
701.8
-1.7
II
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.
Chain-type quantity indexes for the series in this table are shown in table 7.14.
National Product and Income
44
August 2 0 0 2
Table 1.9. Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income
[Billions of dollars]
Seasonally adjusted at annual rates
Line
Gross domestic product
Plus: Income receipts from
the rest of the world
Less: Income payments to
the rest of the world
Equals: Gross national
product
Less: Consumption of fixed
capital
Private
Capital consumption
2000
1999
2001
9,824.6 10,082.2
2001
2000
IV
I
II
IV
I
II
8,984.5
9,092.7
9,171.7
9,316.5
9,516.4
9,649.5
9.B20.7
9,874.8
282.7
291.4
305.3
324.7
345.9
365.2
390.5
383.5
IV
9,274.3
286.1
316.9
294.1
360.0
295.0
291.8
271.4
281.1
307.6
316.3
344.2
364,7
365.8
365.2
8,778.1
9,297.1
9,848.0
10,104.1
8,975.4
9,112.7
9,195.9
9,333.6
9,546.0
9,670.5
9,846.4
9,892.5
9,982.8
1,072.0
884.3
1,145.2
947.3
1,228.9
1,018.0
1,329.3
1,106.8
1,097.4
906.4
1,113.8
920.3
1,131.2
934.8
1,164.1
964.9
1,171.5
969.0
1,194.7
988.7
1,218.2
1,008.6
1,240.8
1,028.0
1,261.9
1,046.5
1,281.7
1,064.1
905.6
985.6
1,037.1
1,168.4
933.2
955.6
976.8
1,001.2
1,008.7
1,020.0
1,030.7
1,042.3
1,055.5
38.3
21.3
187.6
197.9
160.1
168.6
27.6
29.3
7,706.1 8,151.9
19.1
210.9
179.5
31.5
8,619.1
61.6
222.4
187.7
34.8
8,774.8
26.7
191.0
162.8
28.2
7,878.0
35.3
193.5
164.9
28.6
7,998.8
42.0
196.4
167.4
36.3
199.2
31.3
206.0
175.5
22.1
209.6
178.4
29.4
8,169.5
30.5
8,475.8
31.3
8,628.2
14.2
212.8
180.9
31.8
8,651.7
9.0
29.0
8,064.7
39.7
202.5
172.6
29.9
8,374.5
383.4
316.9
2002
9,953.6 10,028.1 10,049.9 10,097.7
8,781.5
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 ...
Equals: Personal income....
Addenda:
Gross domestic income ...
Gross national income
Net domestic product
1999
1998
394.4
364.2
332.5
302.0
354.3
301.4
IV
I
10,152.9
10,313.1
269.0
264.7
10,369.9
290.5
233.7
262.8
10,038.0 10,081.0 10,109.3
10,188.1
10,314.9
1,315.0
1,095.0
1,381.8
1,153.8
1,338.6
1,114.4
1,363.5
1,136.9
1,388.0
1,159.4
1,070.2
1,091.2
1,180.3
1,331.9
1,324.0
1,324.5
215.4
183.1
32.3
8,720.9
6.1
217.6
185.0
32.6
8,756.4
-3.7
220.0
187.0
33.1
8,766.0
26.5
227.9
188.4
39.6
8,727.5
217.5
224.2
190.4
33.8
8,849.5
187.0
226.5
192.5
34.0
8,951.5
165.1
228.6
194.1
34.4
681.3
712.9
753.6
774.8
703.9
730.3
745.1
750.3
757.9
761.1
770.6
775.9
772.7
779.9
786.2
793.5
38.0
-31.0
41.5
-38.8
43.7
-128.5
42.5
-117.3
39.0
-33.6
40.6
-53.3
40.7
-56.2
42.0
-31.5
42.7
-14.1
43.4
-138.7
44.1
-86.8
43.5
-164.0
43.6
-124.5
42.1
-105.7
42.5
-112.9
42.6
-117.8
42.8
-132.6
43.8
-118.0
44.0
34.1
23.5
32.5
7,041.4 7,468.7 7,984.4
47.3
8,122.0
28.4
7,197.0
29.3
7,343.1
32.3
7,405.9
34.0
7,475.9
34.5
7,650.1
34.3
7,860.2
33.9
7,954.5
34.0
8,048.3
34.2
8,074.8
42.8
8,092.1
59.1
8,089.1
37.5
8,196.8
37.0
8,276.5
35.7
8,110.1
807.6
571.3
807.3
611.1
787.7
624.0
749.7
639.6
706.5
648.5
721.4
648.6
687.2
648.3
811.4
653.9
797.6
672.8
675.5
746.7
706.6
777.4
511.9
805.8
526.6
788.1
611.5
731.6
649.8
770.8
525.5
808.2
509.9
802.1
519.4
788.0
530.4
824.7
546.8
623.3
660.4
701.3
726.1
635.3
651.7
656.0
662.2
671.7
705.7
710.6
725.0
726.4
727.4
725.8
741.4
-.7
5r2
.0
.0
-.7
5.2
5.2
5.2
5.2
.0
.0
.0
.0
.0
.0
.0
.0
964.4
348.3
969.2
328.0
1,077.0
375.7
1,091.3
409.2
974.2
346.3
948.8
331.7
960.8
323.4
971.5
324.0
995.8
333.1
1,028.7
350.8
1,074.3
369.3
1,094.6
385.7
1,110.3
397.2
1,108.4
402.5
1,097.2
406.0
1,086.4
411.0
1,072.9
417.3
1,069.9
423.7
1,085.2
430.3
1,037.3
1,137.0
959.8
976.6
983.7
990.6
997.7
1,011.9
1,032.5
1,043.6
1,061.0
1,102.3
1,126.0
1,148.9
1,171.0
1,217.4
1,245.2
31.3
28.8
7,426.0 7,786.5
33.0
8,406.6
33.4
8,685.3
29.3
7,575.8
30.7
7,655.9
31.1
7,722.2
31.5
7,807.7
32.0
7,960.2
32.9
8,211.6
33.0
8,350.2
33.1
8,487.8
33.2
8,576.6
32.7
8,658.1
33.2
8,676.2
33.6
8,706.2
34.0
8,700.9
34.6
8,810.4
8,921.5
8,812.5
8,809.1
7,709.5
9,953.1
9,976.5
8,595.7
10,199.4
10,221.4
8,752.9
9,018.1
9,009.0
7,887.1
9,146.0
9,166.0
7,978.9
9,227.9
9,252.1
8,040.5
9,348.0
9,365.1
8,152.4
9,530.4
9,560.1
8,344.8
9,788.1
9,809.1
8,454.8
9,907.5 10,038.7 10,078.1 10,133.8 10,162.7 10,215.6
9,933.2 10,056.5 10,107.2 10,143.8 10,193.8 10,227.1
8,602.5 8,634.0 8,691.7 8,746.4 8,734.8 8,716.0
10,285.5
10,320.7
8,814.3
10,431.1
10,432.9
8,949.6
9,313.1
9,335.8
8,129.1
34.9
Table 1.10. Relation of Real Gross Domestic Product, Real Gross National Product, and Real Net National Product
[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates
Line
Gross domestic product
Plus: Income receipts from the rest
of the world
Less: Income payments to the rest of
the world
Equals: Gross national product
Less: Consumption of fixed capital
Private
Government
General government
Government enterprises
Equals: Net national product
Addenda:
Gross domestic income'
Gross national income2
Net domestic product
1
1998
1999
2000
2001
1999
1998
2002
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
8,733.2
8,775.5
8,886.9
9,040.1
9,097.4
9,205.7
9,218.7
9,243.8
9,229.9
9,193.1
9,186.4
9,248.8
9,363.2
9,387.9
242.8
8,508.9
8,859.0
9,191.4
9,214.5
8,667.9
279.3
304.4
359.0
292.0
274.8
282.2
294.2
311.4
329.9
344.6
366.7
358.1
366.6
336.4
306.0
278.1
247.4
3
4
5
6
7
8
9
10
279.8
8,508.4
1,081.0
894.7
186.4
159.6
26.9
7,428.3
279.6
8,883.7
1,156.4
962.2
194.4
166.4
28.1
7,729.7
333.6
9,216.2
1,226.1
1,024.0
202.5
173.3
29.2
7,994.4
269.2
9,237.3
1,320.8
1,110.7
210.9
179.2
31.7
7,928.1
280.7
8,662.0
1,109.9
920.7
189.3
162.0
27.3
7,553.5
260.0
8,755.5
1,127.1
935.9
191.3
163.7
27.6
7,630.1
267.9
8,801.8
1,144.3
951.1
193.4
165.5
27.9
7,659.8
291.8
8,906.4
1,174.2
979.0
195.5
167.3
28.2
7,735.5
298.6
9,071.1
1,180.0
982.7
197.5
169.0
28.5
7,893.5
321.8
9,119.7
1,198.4
999.1
199.6
170.8
28.8
7,924.4
338.8
9,233.0
1,217.0
1,015.8
201.6
172.5
29.1
8,019.4
337.9
9,238.2
1,235.4
1,032.3
203.5
174.1
29.4
8,007.6
335.9
9,274.0
1,253.6
1,048.8
205.2
175.6
29.6
8,026.1
324.2
9,241.7
1,270.8
1,064.6
206.8
177.0
29.9
7,978.8
274.8
9,224.3
1,300.8
1,093.0
208.5
178.4
30.1
7,933.7
264.9
9,199.8
1,378.1
1,163.0
216.1
179.9
36.0
7,838.8
213.1
9,283.5
1,333.5
1,122.2
212.1
181.5
30.6
7,961.1
239.2
9,367.5
1,357.9 7,388.0
1,144.8 1,173.3
214.0
215.8
184.7
183.2
31.1
30.9
8,022.0
11
12
13
8,538.9
8,538.4
7,428.8
8,896.0
8,920.8
7,705.0
9,311.6
9,336.4
7,969.7
9,321.7
9,344.5
7,905.4
8,700.3
8,694.4
7,559.3
8,784.3
8,806.6
7,607.8
8,829.3
8,855.6
7,633.7
8,917.0
8,936.5
7,716.2
9,053.4
9,084.4
7,862.7
9,228.2
9,250.5
7,902.1
9,287.0
9,314.4
7,992.3
9,371.7
9,391.3
7,988.1
9,359.4
9,389.6
7,996.3
9,327.2
9,339.0
7,967.1
9,296.3
9,327.6
7,902.6
9,293.6
9,307.1
7,825.3
9,369.5
9,404.2
7,926.7
9,470.4
9,474.7
8,017.7
2
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.
NOTE. Except as noted in footnotes 1 and 2, chained (1996) dollar series are calculated as the product of the chain-type quantity index
2001
2000
IV
8*015.1
and the 1996 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 chain-type quantity index for gross national product is shown in table 7.3.
August 2002
45
SURVEY OF CURRENT BUSINESS
Table 1.11. Command-Basis Real Gross National Product
[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates
Line
1999
1998
2000
2001
1998
I
IV
Gross national product
Less: Exports or goods and services and income
receipts from the rest of the world
Plus: Command-basis exports of goods and services
and income receipts from the rest of the world '....
Equals: Command-basis gross national product ...
Addendum:
Terms of trade2
1
II
III
IV
I
II
III
8,508.4 8,883.7 9,216.2 9,237.3 8,662.0 8,755.5 8,801.8 8,906.4 9,071.1 9,119.7 9,233.0
IV
II
I
9,238.2 9,274.0 9,241.7
III
IV
II
I
9,224.3 9,199.8 9,283.5 9,367.5
1,404.1
1,264.7
2
1,281.6
3
1,336.1 1,390.1 1,516.6 1,410.0 1,357.0 1,352.9 1,366.7 1,399.4 1,441.4 1,464.6 1,528.2 1,539.0 1,534.7 1,490.7 1,434.2 1,400.2 1,314.9 1,321.2
8,562.9 8,932.2 9,233.9 9,280.9 8,719.3 8,820.7 8,855.9 8,948.3 9,104.1 9,141.0 9,257.2 9,251.9 9,285.7 9,259.4 9,254.4 9,275.9 9,333.7 9,420.6
1,498.9
1,341.6
1,366.5
1,299.6
1,287.7
2002
2001
2000
1999
1,312.7
1,357.5
1,408.4
1,443.3
1,503.9
1,525.3
1,523.0
1,473.1
1,324.1
1,268.0
4
101.2
103.6
104.3
103.2
104.4
104.1
105.1
103.1
102.3
101.5
101.6
100.9
100.8
102.1
101.2
105.7
104.0
104.2
5
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 chaineddollar estimates are usually not additive.
Percent changes from preceding period for gross national product are shown in table 8.1.
Chain-type quantity indexes for the series in this table are shown in table 7.3.
1. Exports of goods and services and income receipts deflated by the implicit price deflator for imports of goods and
services and income payments.
2. Ratio of the implicit price deflator for exports of goods and services and income receipts to the corresponding implicit
price deflator for imports divided by 100.
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-
Table 1.12. Net Domestic Product by Sector
Table 1.13. Real Net Domestic Product by Sector
[Billions of dollars]
[Billions of chained (1996) dollars]
1999
2000
2001
7,709.5
6,506.1
8,129.1
6,871.2
8,752.9
7,341.2
6,452.8
6,824.9
5,876.6
576.2
53.3
383.8
14.0
6,212.7
612.2
46.3
403.1
12.7
8,595.7
7,262.0
7,212.8
6,563.3
Line
Net domestic product
Business1
Nonfarm2
Nonfarm less housing
Housing
Farm
Households and institutions
Private households
Nonprofit institutions
General government3
Federal
State and local
1998
369.8
390.4
819.7
215.3
604.4
854.8
221.5
633.3
902.6
233.4
669.2
Business1..
Nonfarm2
Nonfarm less housing
Housing
Farm
Households and institutions
Private households
Nonprofit institutions
General government3
Federal
State and local
Residual
7,290.0
6,620.6
669.4
649.5
49.2
431.1
13.6
417.5
Line
1
2
3
4
5
6
7
8
9
10
11
12
13
Net domestic product
51.2
459.6
11.9
447.7
952.1
240.5
711.6
1998
1999
7,428.8
7,705.0
6,554.5
6,474.4
5,911.1
563.4
80.9
379.2
11.7
367.5
773.2
199.4
573.8
-2.8
6,288.1
6,213.7
5,671.4
542.5
73.5
371.9
13.3
358.6
769.4
202.6
566.8
.1
2000
2001
7,969.7
6,797.3
6,707.2
6,125.3
582.2
97.9
388.9
12.0
376.9
786.2
201.4
584.9
-10.9
7,905.4
6,706.6
6,621.2
6,045.1
576.3
89.5
398.7
10.1
388.7
800.5
201.6
598.9
-4.8
government.
1. Equals net domestic p
2. Equals net domestic business product less net farm product.
3. Equals compensation of general government employees as shown in table 3.7.
1. Equals net domestjc product less net product of households and institutions and of general government.
2. Equals net domestic business product less net farm product.
3. Equals compensation of general government employees as shown in table 3.8.
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
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
[Billions of dollars]
Seasonally adjusted at annual rates
Line
1998
1999
2000
1999
2001
IV
National income
Compensation of employees
Wage and salary accruals
Government
Other
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
Nonfarm
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment
Rental income ot 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 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
7,041.4
4,989.6
4,192.1
692.7
3,499.4
797.5
306.9
490.6
I
II
2001
2000
III
IV
I
II
7,468.7 7,984.4 8,122.0 7.197.0 7,343.1 7,405.9 7,475.9 7,650.1 7,860.2 7,954.5
5,308.8 5,723.4 5,874.9 5,110.5 5,216.8 5,260.3 5,329.0 5,429.1 5,627.3 5,670.5
4,475.6 4,836.3 4,950.6 4,299.8 4,395.0 4,432.0 4,492.7 4,582.7 4,757.4 4,790.8
769.3
727.7
736.4
713.3
719.3
768.9
756.2
810.8
704.6
724.2
3,751.4 4,067.4 4,139.8 3,595.3 3,681.7 3,712.7 3,765.0 3,846.3 4,001.2 4,021.5
879.6
836.3
846.4
821.9
828.3
887.1
869.9
924.3
810.6
833.2
339.6
323.6
328.1
319.3
321.0
342.9
339.4
353.9
312.9
323.0
540.0
512.6
518.3
502.6
507.3
544.2
530.5
570.4
497.7
510.2
IV
726.6
18.4
732.4
19.3
731.3
19.2
748.4
21.7
750.2
8.6
28.8
-7.5
698.1
625.5
-1.1
73.6
26.8
-7.5
701.9
629.0
-.7
73.7
26.0
-7.6
708.2
634.7
-.7
74.2
27.0
-7.7
713.1
628.8
1.5
27.1
-7.8
712.1
594.1
3.6
114.3
30.0
-8.2
726.7
612.5
-.2
114.4
17.2
-8.6
741.6
627.5
-1.0
115.1
144.9
205.0
-60.2
143.5
204.6
-61.1
137.0
199.4
-62.3
134.3
204.8
-70.5
140.8
206.5
-65.6
139.3
141.3
206.9
-67.6
209.1
-67.8
154.6
222.0
-67.4
807.3
787.7
749.7
706.5
721.4
687.2
811.4
797.6
784.2
800.5
267.3
533.3
369.7
163.6
-16.4
23.1
611.1
772.3
780.6
257.4
523.2
386.1
137.1
-8.3
15.4
738.6
751.1
241.9
509.2
397.6
111.6
-12.5
11.1
639.6
696.9
707.0
714.0
720.2
626.3
641.3
217.3
489.7
9.6
648.5
213.1
507.1
406.5
100.7
-6.2
7.3
648.6
663.2
654.3
196.2
458.1
411.4
714.8
22.6
727.9
643.8
659.3
27.9
30.1
674.2
29.7
682.7
25.7
697.4
25.4
702.5
22.3
718.8
25.0
718.6
19.0
33.1
-7.5
598.2
547.6
1.2
49.4
35.8
-8.0
650.7
589.6
-.9
62.0
30.2
-7.6
692.2
621.2
-1.6
72.6
26.7
-7.7
708.8
621.6
.9
86.3
35.6
-7.6
615.8
562.4
1.3
52.1
37.9
-7.8
629.2
572.3
1.1
55.8
37.5
-7.8
644.5
585.5
-1.1
60.1
34.5
-8.8
657.0
594.7
-1.9
64.2
33.2
-7.8
672.0
605.7
-1.7
68.0
30.1
-7.7
680.2
612.1
-2.8
70.8
32.7
-7.7
693.8
622.8
-1.7
72.6
29.3
-7.6
696.9
624.3
-.8
73.4
138.6
190.3
-51.7
149.1
206.8
-57.6
146.6
137.9
204.4
-66.5
146.5
199.0
-52.5
148.9
203.0
-54.1
149.9
206.6
-60.0
205.9
-56.0
145.8
207.7
-61.9
152.0
210.5
-58.5
151.4
210.5
-59.1
146.7
206.3
-59.6
777.4
805.8
788.1
731.6
770.8
808.2
802.1
788.0
824.7
807.6
739.4
757.9
721.1
238.8
482.3
348.7
762.1
247.8
514.3
328.4
185.9
-4.2
675.1
670.2
199.3
470.9
409.6
61.2
5.0
56.5
649.8
729.2
706.3
41.7
760.5
744.4
243.1
501.3
332.0
169.2
16.0
47.8
750.5
752.9
246.0
506.9
323.7
47.9
526.6
767.3
782.3
259.4
522.9
376.1
146.8
-15.0
20.8
611.5
525.5
509.9
519.4
739.6
753.4
246.3
507.1
324.3
182.8
-13.8
48.5
530.4
781.0
797.6
255.7
542.0
333.5
208.5
-16.6
43.7
546.8
774.3
796.9
270.8
526.1
351.1
174.9
-22.6
33.4
571.3
18.3
38.0
511.9
22.9
183.2
-2.5
51.6
I
19.3
678.4
27.7
133.6
IV
8,048.3 8,074.8 8,092.1 8,110.1 8,089.1 8,196.8 8,276.5
5,773.1 5,822.7 5,878.9 5,879.3 5,880.4 5,860.9 5,916.4 5,967.8
4,879.3 4,917.8 4,960.4 4,956.9 4,953.7 4,931.4 4,965.2 5,001.3
848.2
777.9
805.8
795.2
772.4
825.2
817.1
840.4
4,106.9 4,139.9 4,165.2 4,151.0 4,136.6 4,106.2 4,124.8 4,153.1
966.5
904.9
922.4
918.5
893.8
929.4 951.2
926.7
362.9
347.5
354.2
353.8
345.1
353.2 360.5
354.3
603.6
557.4
568.2
564.7
548.7
576.3 590.8
572.4
623.8
25.6
234.1
472.2
346.7
125.5
2002
III
624.0
719.3
721.2
402.9
86.8
-10.1
599.1
170.6
428.5
417.7
10.8
27.2
46.7
8.9
23.9
648.3
185.1
653.9
639.4
202.4
437.0
424.2
430.8
12.8
1.9
156.3
672.8
134.9
675.5
538.6
558.0
528.7
532.3
536.8
565.1
556.0
541.7
569.1
536.8
540.0
507.8
489.2
508.3
640.8
595.2
810.0
895.0
873.7
911.8
826.2
879.4
889.4
892.3
918.9
884.3
884.4
873.1
853.0
842.1
874.2
915.1
1,015.6
979.3
229.6
665.5
-42
899.3
152.6
721.1
-15.0
888.7
122.7
620.2
18.3
791.7
190.1
636.2
22.9
803.3
233.1
646.4
16.0
863.4
232.3
657.1
-2.5
891.9
217.4
675.0
-13.8
906.2
235.6
683.4
-22.6
906.9
170.4
714.1
-16.4
900.8
144.2
728.9
-8.3
110.2
742.8
-12.5
865.5
86.3
755.9
-10.1
852.3
101.9
772.3
-6.2
880.3
79.5
835.6
8.9
223.0
792.6
27.2
988.4
171.0
808.3
1.9
789.1
5.0
906.8
906.2
977.4
824.1
August 2 0 0 2
National Product and Income
46
Table 1.15. National Income by Sector, Legal Form of Organization, and Type of Income
[Billions of dollars]
Line
1998
1999
2000
2001
1
7 041.4
7,468.7
7,984.4
8,122.0
5,841.3
6,188.0
6,627.3
6,688.4
4,215.1
3,358.0
2,870.3
487.6
675.2
618.8
18.3
38.0
182.0
4,454.3
3,594.1
3,082.2
511.9
685.5
641.9
-4.2
47.9
174.7
4,778.4
3,893.9
3,343.9
549.9
644.8
639.0
-15.0
20.8
239.7
4,762.7
3,945.6
3,378.6
567.0
580.9
519.4
1,044.3
319.4
284.9
34.4
620.8
25 6
33.1
-7.5
595.2
543.9
1,116.4
343.9
307.0
36.9
675.6
27 7
35^8
-8.0
647.9
586.2
1,248.3
391.3
349.2
42.1
725.1
19 0
Rest of the world
Compensation of employees
Corporate profits
Net interest
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
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)
52
53
54
55
56
57
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
Proprietors' 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
5.0
56.5
236.3
1.2
-.9
50.0
104.2
62.6
96.9
1,191.7
375.2
335.4
39.8
712.0
22 6
30.2
-7.6
689.5
617.9
-1.6
73.2
104.5
486.5
18.5
16.4
518.9
20.2
17.9
552.6
21.9
19.4
567.4
22.4
19.8
2.1
3.1
3.7
-.6
2.2
2.8
3.3
-.6
2.4
2.8
3.3
-.6
2.5
2.7
3.3
-.6
138.6
190.3
-51.7
326.3
149.1
206.8
-57.6
346.8
146.6
206.6
-60.0
381.3
137.9
204.4
-66.5
404.4
95.4
95.4
69.7
25.6
98.4
98.4
72.1
26.4
104.6
104.6
77.0
27.6
110.0
110.0
80.6
29.5
383.8
383.8
332.7
51.1
403.1
403.1
350.0
53.1
431.1
431.1
374.5
56.6
459.6
459.6
398.3
61.3
819.7
819.7
623.0
196.7
854.8
854.8
652.1
202.7
902.6
902.6
691.9
210.7
952.1
952.1
730.3
221.8
-3.4
-5.0
102.3
-100.7
22.7
-5.7
120.2
-91.7
23.4
-5.9
143.3
-114.1
21.9
-6.2
150.8
-122.6
7,044.8
4 994 6
7.446.0
7,961.0
5 729 3
714^8
146 6
644 8
725^6
8,100.1
W8
138 6
675 2
612^5
O,o 14.0
678.4
1491
685 5
618^4
26J
-7.7
706.1
618.3
.9
86.8
131.8
C OCM n
0,00 1 .U
727.9
137 9
580 9
772i5
August 2002
47
SURVEY OF CURRENT BUSINESS
Table 1.16. Gross Product of Corporate Business in Current Dollars and Gross Product of Nonfinancial Corporate Business in
Current and Chained Dollars
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
2000
1999
1998
2001
2002
Billions of dollars
Gross product of corporate business
Consumption of fixed capital
Net 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
Gross product of financial corporate business
Gross product of nonfinancial corporate
business
Consumption of fixed capital
Net 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
5,637.4 6,049.4 6,117.5 5,456.9 5,548.9 5,583.9 5,649.8 5,767.0 5,963.8 6,016.9 6,103.4 6,113.7 6,106.5 6,102.9 6,107.2 6,153.4 6,255.8
683.4
792.6
675.0
714.1
772.3
620.2
789.1
636.2
646.4
698.6
728.9
742.8
835.6
808.3
665.5
755.9
721.1
657.1
4,709.5 4,972.0 5,328.3 5,328.4 4,820.7 4,902.5 4,926.8 4,974.8 5,083.7 5,265.2 5,302.8 5,374.5 5,370.8 5,350.6 5,330.6 5,271.6 5,360.8 5,447.5
5,329.6
494.3
4,215.1
3,358.0
2,870.3
487.6
517.7
4,454.3
3,594.1
3,082.2
511.9
675.2
618.8
238.8
380.0
685.5
641.9
247.8
394.1
299.6
94.5
-4.2
47.9
174.7
656.4
309.2
70.8
18.3
38.0
182.0
622.6
530.7
557.1
576.7
565.7
512.0
544.0
547.2
549.9
587.3
550.0
506.1
512.0
522.0
551.5
564.8
571.3
582.1
4,778.4 4,762.7 4,308.7 4,396.5 4,414.7 4,452.8 4,553.0 4,721.2 4,755.6 4,822.9 4,813.7 4,785.8 4,759.3 4,721.7 4,784.1 4,865.4
3,893.9 3,945.6 3,448.2 3,529.8 3,559.2 3,607.1 3,680.2 3,828.8 3,851.6 3,930.4 3,964.6 3,962.7 3,953.6 3,944.5 3,921.6 3,948.2 3,983.1
3,343.9 3,378.6 2,950.6 3,024.9 3,050.4 3,093.4 3,160.2 3,289.5 3,306.3 3,376.3 3,403.6 3,399.2 3,387.7 3,376.0 3,351.4 3.366.7 3,389.8
513.7
520.0
561.0
567.0
497.6
508.8
539.3
563.5
568.5
570.2
549.9
504.9
545.3
554.1
565.9
581.5
593.3
644.8
639.0
259.4
379.6
349.5
30.1
-15.0
20.8
239.7
754.4
580.9
519.4
199.3
320.1
383.1
-63.0
5.0
56.5
236.3
763.3
670.1
605.6
234.1
371.5
314.1
57.4
22.9
631.0
243.1
387.9
316.9
71.0
686.6
637.4
246.0
391.4
301.1
90.3
-2.5
41.7
190.4
16.0
47.8
171.9
51.6
169.0
639.5
649.0
638.8
672.5
637.9
246.3
391.6
282.0
109.5
-13.8
48.5
173.2
654.8
688.3
661.2
255.7
405.5
298.3
107.1
-16.6
43.7
184.5
682.8
642.3
635.2
257.4
377.8
362.9
676.1
665.3
270.8
394.5
328.8
65.7
-22.6
33.4
665.9
659.1
267.3
391.8
334.4
57.5
-16.4
23.1
216.3
238.1
14.9
-8.3
15.4
250.2
735.1
741.8
767.9
594.8
596.2
241.9
354.2
371.9
-17.7
-12.5
11.1
254.3
773.0
570.4
570.9
217.3
353.6
381.2
-27.6
-10.1
9.6
252.7
787.9
560.9
559.8
213.1
346.7
369.2
-22.5
-6.2
7.3
244.8
762.1
545.3
512.5
196.2
316.3
390.2
-73.9
8.9
23.9
231.8
741.5
646.7
434.4
170.6
263.8
391.9
-128.1
27.2
185.1
215.8
761.8
665.6
507.4
202.4
305.0
402.8
-97.9
1.9
156.3
251.6
826.1
4,707.1 4,981.0 5,295.0 5,354.2 4,817.4 4,899.9 4,945.1 4,995.0 5,084.2 5,228.7 5,275.1 5,335.5 5,340.7 5,318.6 5,340.9 5,365.7 5,391.6 5,429.7
535.2
569.1
652.8
542.2
564.0
593.7
617.1
523.1
556.2
605.8
627.6
684.9
670.7
599.4
549.6
657.0
581.2
641.6
4,183.9 4,424.9 4,695.6 4,701.4 4,282.2 4,357.7 4,395.6 4,431.1 4,515.1 4,647.5 4,681.4 4,729.7 4,723.6 4,691.0 4,699.3
4,734.6 4,759.0
457.4
3,726.5
3,058.0
2,612.6
445.4
478.4
3,946.5
3,272.0
2,804.7
467.2
508.9
4,186.6
3,542.1
3,040.1
502.0
523.7
4,177.7
3,573.5
3,056.4
517.1
473.8
3,808.4
3,135.0
2,682.2
452.9
467.6
3,890.1
3,213.4
2,752.5
530.7
460.4
154.6
305.8
242.2
63.6
18.3
52.0
137.7
518.5
460.1
166.9
293.2
239.254.0
-4.2
62.6
156.1
461.8
437.9
172.4
265.5
259.6
5.9
-15.0
38.8
182.7
407.4
328.8
123.5
205.3
278.5
-73.2
5.0
73.6
196.8
527.2
450.1
151.2
298.9
246.5
52.4
22.9
54.2
146.1
482.4
3,948.7
3,283.8
2,814.9
460.9
473.1
3,922.5
3,240.2
2,775.8
464.5
532.8
455.9
165.5
290.4
254.7
35.6
16.0
60.9
143.9
530.6
467.2
169.9
297.4
242.8
54.6
-2.5
65.8
151.6
504.6
454.7
164.9
289.8
225.3
64.5
-13.8
63.7
160.2
469.0
490.4
4,024.7
3,350.4
2,875.7
474.7
503.2
4,144.3
3,482.9
2,990.6
505.9
462.8
167.3
295.4
234.0
61.4
-16.6
59.8
168.5
510.5
4,219.2
3,575.3
3,069.5
505.8
515.8
4,207.8
3,606.4
3,094.3
512.1
523.3
4,167.7
3,589.0
3,075.1
492.3
506.3
4,175.1
3,503.6
3,005.9
497.8
490.9
463.6
183.8
279.8
252.3
27.6
-22.6
49.9
170.5
490.1
466.0
183.6
282.5
250.4
32.1
-16.4
40.4
181.4
456.2
430.7
169.1
261.6
266.3
-4.6
-8.3
33.9
187.7
410.0
391.3
153.2
238.1
269.7
-31.6
-12.5
31.3
191.3
513.9
529.3
4,170.0
3,580.7
3,064.7
516.0
508.0
4,172.8
3,572.5
3,054.1
518.4
534.3
4,200.3
3,551.8
3,031.8
520.0
539.3
4,219.8
3,576.0
3,045.7
530.3
384.3
362.8
134.3
228.4
276.7
-48.3
-10.1
31.7
194.4
393.1
368.2
136.2
232.0
268.3
-36.3
-6.2
31.1
196.1
403.0
349.8
129.4
220.4
283.8
-63.4
8.9
44.3
197.3
449.0
234.3
94.0
140.3
285.2
-144.9
27.2
187.4
199.5
452.4
289.2
119.8
169.5
293.1
-123.6
1.9
161.3
191.4
134.9
684.0
544.1
3,607.6
3,066.5
541.0
Billions of chained (1996) dollars
Gross product ot nontinancial corporate
business1
Consumption of fixed capital 2
Net product3
4,658.1 4,896.3 5,075.7 5,048.7
616.7
671.9
533.8
574.5
4,124.3 4,321.8 4,459.0 4,376.8
4,760.7 4,832.8 4,870.2 4,909.6 4,972.7 5,065.2 5,063.2 5,095.3 5,079.1 5,037.6 5,032.2 5,029.0 5,096.1 5,142.7
582.7
588.4
550.0
633.7
558.9
567.9
599.5
611.1
644.6
702.9
681.0
695.2
622.6
659.3
4,210.7 4,273.9 4,302.3 4,326.9 4,384.3 4,465.7 4,452.0 4,472.8 4,445.5 4,393.0 4,372.9 4,326.1 4,415.1 4,447.5
1. Effective with the estimates scheduled for release on November 26,2002, chained-dollar gross product of nonfinancial
corporate business for 1999 to 2002 will be revised to reflect revisions to the gross product price indexes for nonfinancial
industries.
2. Chained-dollar consumption of fixed capital of nonfinancial corporate business is calculated as the product of the
715.8
chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100.
3. Chained-dollar net product of nonfinancial corporate business is the difference between the gross product and the
consumption of fixed capital.
Personal Income and Outlays
48
August 2002
2. Personal Income and Outlays.
Table 2.1. Personal Income and Its Disposition
[Billions of dollars]
Seasonally adjusted at annual rates
Line
2000
1998
2001
1998
IV
Personal income
Wage and salary disbursements
Private industries
Goods-producing industries
Manufacturing
Distributive industries
Service industries
Government
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 to persons
Old-age, survivors, disability, and health
insurance benefits
Government unemployment insurance benefits
Veterans benefits
Other transfer payments
Family assistance'
Other
Less: Personal contributions for social insurance
Less: Personal tax and nontax payments
Equals: Disposable personal income
Less: Personal outlays
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 (1996) dollars 2
Per capita:
Current dollars
Chained (1996) dollars
;
;
Population (mid-period, millions)
Personal saving as a percentage of disposable
personal income
I
II
7,426.0 7,786.5 8,406.6 8,685.3 7,575.8 7,655.9
4,192.8 4,470.4 4,836.3 4,950.6 4,300.5 4,389.8
3,500.1 3,746.3 4,067.4 4,139.8 3,596.0 3,676.5
1,038.5 1,088.6 1,163.7 1,142.4 1,057.3 1,073.8
782.0
764.3
773.1
829.4
789.4
756.6
974.5
999.7
948.9 1,020.8 1,094.8 1,109.2
1,512.7 1,636.9 1,808.9 1,888.2 1,564.1 1,603.0
724.2
704.6
713.3
768.9
810.8
692.7
497.7
502.6
544.2
510.2
570.4
490.6
623.8
25.6
598.2
678.4
27.7
650.7
714.8
22.6
692.2
727.9
19.0
708.8
137.9
146.6
149.1
138.6
375.7
328.0
409.2
348.3
964.4
969.2 1,077.0 1,091.3
983.7 1,018.5 1,070.3 1,170.4
578.1
19.5
23.4
362.8
17.0
345.7
588.0
20.3
24.3
385.9
17.7
368.3
337.4
617.2
20.5
25.1
407.4
18.3
389.2
358.4
664.3
31.9
26.7
447.6
19.2
428.3
643.8
27.9
615.8
III
IV
I
II
2002
2001
III
IV
I
II
IV
7,722.2 7,807.7 7,960.2 8,211.6 8,350.2 8,487.8 8,576.6 8,658.1 8,676.2 8,706.2 8,700.9 8,810.4
4,426.9 4,487.6 4,577.5 4,757.4 4,790.8 4,879.3 4,917.8 4,960.4 4,956.8 4,953.7 4,931.4 4,965.2
3,707.6 3,759.8 3,841.1 4,001.2 4,021.5 4,106.9 4,139.9 4,165.2 4,151.0 4,136.6 4.1Q6.2 4,124.8
1,078.2 1,092.5 1,109.9 1,166.9 1,153.1 1,171.8 1,163.0 1,156.3 1,150.0 1,140.0 1,123.3 1,122.2
765.8
769.9
822.6
839.0
774,8
835.8
783.4
797.1
807.2
820.3
786.3
793.8
1,009.9 1,023.1 1,050.4 1,076.8 1,087.2 1,105.2 1,109.8 1,115.0 1,112.3 1,110.8 1,098.6 1,105.9
1,619.5 1,644.2 1,680.9 1,757.4 1,781.2 1,829.9 1,867.0 1,893.9
1,885.8 1,884.3 1,896.8
805.8
840.4
825.2
769.3
756.2
719.3
772.4
817.1
795.2
777.9
727.7
736.4
572.4
540.0
590.8
576.3
568.2
564.7
548.7
557.4
530.5
518.3
507.3
512.6
659.3
30.1
629.2
674.2
29.7
644.5
682.7
25.7
657.0
697.4
25.4
672.0
702.5
22.3
680.2
718.8
25.0
693.8
718.6
21.7
696.9
719.3
21.2
698.1
721.2
19.3
701.9
726.6
18.4
708.2
732.4
19.3
713.1
731.3
19.2
712.1
748.4
21.7
726.7
8,921.5
5,001.3
4,153.1
1,122.4
767.2
1,113.5
1,917.3
848.2
603.6
750.2
8.6
741.6
141.3
146.7
151.4
149.9
146.5
148.9
154.6
139.3
140.8
134.3
137.0
144.9
143.5
145.8
152.0
423.7
323.4
346.3
331.7
430.3
417.3
411.0
406.0
402.5
397.2
369.3
350.8
385.7
324.0
333.1
974.2
960.8
948.8
971.5
995.8 1,028.7 1,074.3 1,094.6 1,110.3 1,108.4 1,097.2 1,086.4 1,072.9 1,069.9 1,085.2
989.1 1,007.3 1,014.8 1,022.1 1,029.6 1,044.8 1,065.5 1,076.6 1,094.2 1,135.0 1,159.1 1,182.5 1,205.0 1,252,0 1,280.1
577.8
19.8
23.6
367.9
17.1
350.7
322.4
584.4
20.5
24.1
378.3
17.4
360.9
332.4
372.3
316.3
1,070.4 1,159.1 1,286.4 1,292.1 1,108.5 1,125.5
6,355.6 6,627.4 7,120.2 7,393.2 6,467.3 6,530.3
6,054.1 6,453.3 6,918.6 7,223.5 6,189.7 6,276.4
5,856.0 6,246.5 6,683.7 6,987.0 5,989.1 6,076.6
173.5
174.7
205.4
173.7
205.4
179.5
627.7
617.7
652.9
602.3
621.2
591.9
589.0
24.2
19.8
20.1
22.0
20.3
20.0
20.0
26.0
25.0
25.0
25.3
25.1
24.4
24.3
431.9
403.1
397.5
419.2
410.0
393.3
388.7
19.0
18.2
18.0
18.6
18.4
18.0
17.8
413.0
384.9
379.5
400.6
391.6
375.3
370.9
371.1
355.3
363.1
360.6
354.5
335.1
343.6
338.6
1,142.0 1,167.2 1,201.8 1,256.3 1,273.0 1,299.6 1,316.7 1,340.6
6,580.2 6,640.5 6,758.4 6,955.3 7,077.2 7,188.2 7,259.8 7,317.5
6,400.3 6,507.2 6,629.4 6,775.9 6,869.8 6,976.7 7,052.1 7,143.9
6,195.6 6,299.4 6,414.5 6,552.2 6,638.7 6,736.1
6,904.7
213.2
210.6
180.1
202.0
208.3
177.5
186.8
195.6
26.3
586.6
20.6
24.2
383.4
17.6
365.8
27.2
28.2
30.0
27.6
28.2
133.3
129.0
6,301.0
6,325.0
6,399.3
6,530.4
6,607.6
6,676.8
23,614
22,612
278.7
23,753
22,625
279.6
24,099
22,818
280.4
24,734
23,223
281.2
25,097
23,432
282.0
25,407
23,599
282.9
2.0
1.9
2.6
2.9
2.9
24.3
27.3
29.5
174.0
201.5
31.1
169.7
25.8
301.5
6,168.6
6,328.4
6,630.3
6,748.0
6,246.6
6,288.4
23,031
22,354
276.0
23,742
22,671
279.1
25,205
23,471
282.5
25,859
23,602
285.9
23,329
22,533
277.2
23,498
22,628
277.9
2.6
2.8
2.3
4.3
3.9
2.7
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.
2000
1999
29.0
690.2
674.0
696.3
670.1
52.3
41.0
33.1
65.1
28.5
27.7
26.7
29.3
462.4
481.0
452.6
489.5
19.4
19.3
19.3
19.3
461.7
443.0
470.1
433.3
372.7
380.9
372.2
383.8
373.1
1,336.1 1,181.9 1,309.7 1,142.1 1,131.7
7,340.0 7,524.2 7,391.2 7,668.3 7,789.8
660.2
29.2
26.4
443.3
19.2
424.1
7,198.5 7,222.0 7,329.6 7,396.3 7,481.9
6,959.8 6,983.7 7,099.9 7,174.2 7,253.2
197.0
206.5
190.6
199.1
207.7
31.5
30.9
173.7
30.9
141.6
31.8
6,706.2
6,704.3
6,694.8
6,864.0
6,729.1
6,962.5
7,028.3
25,577
23,627
283.8
25,713
23,558
284.6
25,717
23,456
285.4
26,275
23,970
286.4
25,729
23,424
287.3
26,621
24,171
288.1
26,964
24,328
288.9
2.9
2.4
1.9
4.0
3.5
4.IJ
30.9
30.6
61.5
31.7
307.9
2. Equals disposable personal income deflated by the implicit price deflator for personal consumption expenditures.
NOTE. Percent changes from preceding period for disposable personal income are shown in table 8.1.
August 2002
49
SURVEY OF CURRENT BUSINESS
Table 2.2. Personal Consumption Expenditures by Major Type of Product
[Billions of dollars]
Seasonally adjusted at annual rates
Line
1998
2000
1999
2001
1998
IV
Personal consumption expenditures
Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline, fuel oil, and other energy goods
Gasoline and oil
Fuel oil and coal
Other
Services
Housing
Household operation
Other household operation
Transportation
Medical care
Recreation
Other
Addenda:
Energy goods and services'
Personal consumption expenditures less food and
energy
5,856.0
693.2
288.8
265.2
139.3
1,708.5
852.6
284.8
127.9
114.8
13.1
443.3
3,454.3
859.7
345.6
128.9
216.7
246.3
899.0
221.0
882.6
6,246.5
755.9
319.1
285.5
151.2
1,830.1
898.9
301.0
142.9
129.3
13.6
487.4
3,660.5
912.6
360.4
129.9
230.4
259.4
937.2
237.6
953.4
6,683.7
803.9
336.6
304.8
162.4
1,972.9
955.0
313 J
182.5
164:4
18.1
521.8
3,906.9
960.0
386.2
142.4
243.9
267.8
991.8
255.5
1,045.5
256.8
272.8
324.8
6,987.0 5,989.1
835.9 725.1
361.3
310.7
306.1
270.9
168.4
143.5
2,041.3 1,744.4
873.1
992.4
288.5
315.3
125.2
178.6
112.9
162.1
12.2
16.5
457.6
555.0
4,109.9 3,519.6
879.6
1,014.5
344.2
406.3
122.8
154.5
221.4
251.8
250.2
271.4
910.1
1,072.2
226.6
271.9
908.8
1,073.6
333.0
247.9
I
II
III
IV
I
6,076.6 6,195.6 6,299.4 6,414.5 6,552.2
808.4
728.7
749.9 765.1 779.9
344.4
328.0
318.7
305.3
324.6
294.8
303.0
282.1
276.6
288.6
157.1
149.1
161.0
146.8
152.0
1,773.1 1,814.4 1,841.3 1,891.7 1,926.9
937.5
925.9
891.1
877.8
900.7
308.7
304.1
301.6
296.4
302.1
173.0
159.8
139.9
123.2
148.6
156.2
145.4
126.4
110.6
134.8
16.8
14.4
13.5
12.5
13.8
507.7
502.0
481.8
475.8
489.9
3,574.8 3,631.3 3,693.1 3,742.9 3,816.9
941.2
928.7
895.7
918.4
907.4
366.6
364.3
351.0
367.8
358.5
127.1
128.6
126.7
134.9
129.6
239.5
235.7
224.3
232.8
228.9
264.8
263.3
254.9
261.4
258.0
965.9
956.0
919.9
943.0
929.9
249.3
244.0
230.0
240.8
235.4
986.5 1,029.1
923.3
961.7
942.1
249.9
269.5
283.5
288.4
300.1
2002
2001
2000
1999
IV
I
6,638.7
799.3
332.4
305.4
161.5
1,964.9
952.7
312.1
181.5
164.2
17.3
518.6
3,874.5
953.5
382.6
139.1
243.4
267.1
982.3
253.5
1,035.6
6,736.1
810.6
341.7
306.0
162.9
1,988.9
961.2
315.1
185.7
167.6
18.1
526.9
3,936.6
965.9
390.3
144.5
245.8
268.4
1,000.1
257.7
1,054.3
6,808.0
797.2
328.1
304.9
164.3
2,011.1
968.8
318.7
189.7
169.5
20.2
533.9
3,999.7
979.3
405.5
158.7
246.8
271.0
1,019.1
261.8
1,063.1
320.7
330.2
348.3
II
III
IV
I
6,904.7
816.8
345.8
304.3
166.7
2,031.5
984.2
317.9
186.6
167.0
19.6
542.8
4,056.4
993.4
416.8
167.2
249.6
273.3
1,042.6
268.1
1,062.2
6,959.8
820.3
349.0
303.9
167.5
2,044.8
988.7
313.6
191.7
175.4
16.2
550.8
4,094.7
1,007.9
406.7
155.8
250.9
273.2
1,064:2
271.2
1,071.4
6,983.7
824.0
351.0
304.9
168.1
2,044.3
993.8
312.1
179.3
163.6
15.7
559.2
4,115.4
1,021.1
404.8
151.8
253.0
270.1
1,079.0
271.7
1,068.8
II
7,099.9
882.6
399.5
311.5
171.5
2,044.4
1,002.8
317.4
156.7
142.2
14.5
567.5
4,172.9
1,035.5
396.9
143.1
253.8
269.0
1,103.1
276.6
1,091.8
7,174.2
859.0
365.8
317.1
176.1
2,085.1
1,025.0
325.8
156.2
142.3
13.9
578.0
4,230.1
1,051.7
399.2
143.9
255.4
273.3
1,119.0
279.0
1,107.8
7,253.2
857.8
361.6
320.4
175.8
2,105.6
1,023.5
324.1
172.0
158.0
14.0
585.9
4,289.8
1,065.9
400.4
144.9
255.5
274.9
1,138.5
284.0
1,126.1
353.8
347.5
331.0
299.8
300.1
316.9
4,746.7 5,074.8 5,403.9 5,661.6 4,868.1 4,948.9 5,035.0 5,115.2 5,200.2 5,314.6 5,365.4 5,444.7 5,490.9 5,566.7 5,623.7 5,658.9 5,797.3 5,849.1 5,912.8
1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas.
Table 2.3. Real Personal Consumption Expenditures by Major Type of Product
[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
1998
IV
Personal consumption expenditures.
Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline, fuel oil, and other energy goods
Gasoline and oil
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Recreation
Other
Residual
Addenda:
Energy goods and services '
Personal consumption expenditures less food and
energy
IV
IV
II
I
III
IV
I
5,683.7 5,964.5 6,223.9 6,377.2 5,784.7 5,851.4 5,932.8 6,000.1 6,073.6 6,151.9 6,198.2 6,256.8 6,288.8 6,326.0 6,348.0 6,370.9 6,464.0 6,513.8 6,544.2
824.1 844.2
912.4
879.5
804.2
981.7
992.0 975.9
878.9
812.5
726.7
922.6
900.6
876.5
871.3 888.5
931.9 767.3 777.6
326.9
322.9
349.5
347.3
322.1
368.6
292.0
370.0
400.4
345.1
343.6
329.5
309.0
313.2
361.9
338.4
333.8
352.8
329.1
340.8
328.6
392.8
335.1
436.9
366.0
428.2
386.0
377.1
317.8
398.0
293.3
413.6
353.1
307.2
374.0
372.2
399.5
380.6
157.7
153.4
174.2
156.5
184.2
184.2
173.1
170.7
167.8
151.6
175.3
141.8
178.9
163.5
147.0
169.6
168.6
175.0
171.3
1,686.4 1,765.1 1,833.8 1,869.8 1,715.3 1,736.1 1,756.7 1,767.7 1,799.9 1,809.7 1,831.6 1,840.9 1,853.1 1,863.7 1,862.3 1,868.3 1,885.0 1,921.4 1,918.6
884.3
883.9
898.9
842.2
832.8
901.4
887.1
870.8
866.0
847.3
831.9
879.0
846.8
887.4
889.1
880.7
880.5
887.0
819.4
337.1
335.1
311.6
295.8
355.2
312.1
355.8
344.8
327.9
322.3
314.7
314.1
307.9
329.4
334.7
334.3
332.3
337.7
290.4
151.9
150.8
152.0
147.2
151.1
154.0
150.1
157.2
153.4
147.7
152.7
150.7
148.8
149.7
148.3
151.3
150.1
151.2
146.1
136.8
133.4
139.9
136.3
136.4
135.9
142.2
145.1
141.4
134.4
138.6
136.1
134.3
135.7
136.2
137.6
136.1
138.8
131.8
15.2
13.9
14.7
14.2
12.2
14.5
12.1
12.4
12.2
13.3
14.1
14.7
14.6
14.0
12.3
13.9
14.0
12.6
14.3
451.7
439.7
455.7
474.1
513.4
496.5
484.7
510.1
502.0
469.8
466.6
456.3
448.1
477.0
493.5
490.0
479.2
495.5
430.8
3,273.4 3,395.4 3,524.5 3,594.9 3,307.6 3,343.6 3,379.7 3,417.4 3,440.7 3,477.7 3,508.2 3,541.7 3,570.6 3,576.3 3,589.3 3,597.5 3,616.6 3,642.2 3,669.2
841.6
874.0
869.6
844.7
837.7
833.0
827.6
817.1
835.0
878.4
853.4
849.5
866.0
851.3
808.7
867.1
865.1
857.5
862.0
360.7
381.3
377.7
362.7
366.9
357.8
349.6
342.7
358.7
382.4
380.8
377.2
382.6
377.8
343.5
381.9
381.5
390.5
389.4
129.5
133.5
130.2
127.8
137.2
132.7
129.9
125.9
132.3
133.6
137.5
137.2
134.5
137.0
130.9
132.4
133.0
145.7
142.5
230.9
248.0
247.8
234.8
229.5
224.9
219.5
216.6
226.2
248.9
243.2
239.9
248.2
240.5
212.6
249.9
248.9
244.3
246.4
250.0
250.9
248.6
251.7
248.0
244.5
242.3
238.2
246.2
250.1
253.2
253.0
251.1
253.0
234.7
250.0
252.5
254.2
253.3
884.4
963.4
954.9
888.5
878.6
872.1
867.3
862.4
875.6
974.4
903.2
896.2
938.3
900.1
857.7
944.3
932.7
912.5
921.4
221.7
235.6
234.8
223.8
220.6
217.1
214.2
212.7
218.4
237.2
227.1
225.9
233.2
226.5
209.0
232.1
233.1
229.3
232.9
881.3
935.3
929.2
904.6
865.6
854.7
841.9
833.7
860.9
944.9
923.3
905.9
922.7
915.1
819.3
921.0
923.5
926.4
917.1
-11.9
-34.1
-31.5
-15.7
-11.0
-8.6
-6.5
-4.9
-9.5
-34.8
-17.8
-16.6
-23.6
-16.7
-3.0
-23.2
-21.4
-16.6
-18.7
277.0
283.3
286.4
285.6
272.6
278.5
284.5
287.8
282.4
275.6
286.9
287.3
295.8
293.3
281.1
284.3
283.6
290.7
287.7
4,587.0 4,833.4 5,057.5 5,204.5 4,677.9 4,740.0 4,805.3 4,864.3 4,924.1 5,004.7 5,029.8 5.088.0 5,107.7) 5,142.2 5,179.7 5,202.4 5,293.6 5,322.1 5,358.0
1. Consists of gasoline, fuel, oil, and other energy goods and of electricity and gas.
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses
2002
2001
2000
1999
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,
Chain-type quantity indexes for the series in this table are shown in table 7.4.
Contributions to the percent change in real personal consumption expenditures are shown in table 8.3.
August 2 0 0 2
Personal Income and Outlays
50
Table 2.4. Personal Consumption Expenditures by Type of Expenditure
[Billions of dollars]
Line
Personal consumption expenditures
Food and tobacco
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.)
1998
1999
2000
2001
5,856.0
6,246.5
6,683.7
6,987.0
906.9
507.9
335.4
8.8
.5
54.4
964.7
537.7
351.5
9.1
.5
1,027.2
568.6
376.5
1,068.7
589.0
393.2
9.7
.5
76.3
65.9
9.4
.5
72.2
Addenda: Food excluding alcoholic beverages (n.d.)
Alcoholic beverages purchased for offpremise consumption (n.d.)
Other alcoholic beverages (n.d.)
745.1
786.2
834.2
866.2
62.1
45.4
65.2
47.4
70.3
50.5
73.1
53.1
Clothing, accessories, and jewelry
Shoes (n.d.)
Clothing and accessories except shoes 2
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.) 3
367.2
42.4
242.0
154.6
87.4
.3
13.8
44.3
24.4
79.9
52.7
27.2
859.7
625.0
194.0
6.7
34.0
642.9
56.7
32.1
29.1
57.1
34.5
391.2
44.7
256.1
164.1
92.0
.3
14.6
48.5
27.0
84.0
55.1
28.9
912.6
666.4
202.8
7.2
36.1
677.7
60.3
34.1
31.4
61.6
36.8
409.8
412.6
47.0
267.9
172.6
95.3
.3
15.6
51.0
30.8
89.1
56.5
32.6
1,014.5
751.0
217.1
8.0
38.5
747.3
64.0
36.1
34.1
66.4
38.7
Personal care
Toilet articles and preparations (n.d.)
Barbershops, beauty parlors, and health clubs (s.)
Housing
Owner-occupied nonfarm dwellings-space rent (s.) 4
Tenant-occupied nonfarm dwellings-rent (s.) 5
Rental value of farm dwellings (s.)
Other ( s . ) '
Household operation
Furniture, including mattresses and bedsprings (d.)
Kitchen and other household appliances (d.) 7
China, glassware, tableware, and utensils (a.)
Other durable house furnishings (d.) s
Semidurable house furnishings (n.d.) 9
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.) 10
Medical care
Drug preparations and sundries (n.d.) "
Ophthalmic products and orthopedic appliances (d.)
Physicians (s.)
Dentists (s.)
Other professional services (s.) l 2
Hospitals and nursing homes u
Hospitals
Nonprofit (s.)
Proprietary (s.)
Government (s.)
Nursing homes (s.)
Health insurance
Medical care and hospitalization (s.) l 4
56.9
22.6
46.3
267.1
171.9
95.2
.3
15.5
51.1
29.5
87.8
56.5
31.2
960.0
704.9
207.8
7.6
39.6
723.9
64.4
35.7
33.3
65.1
38.3
53.5
21.3
186.2
96.3
32.5
44.2
13.1
112.9
16.0
43.7
190.1
96.7
33.3
46.6
13.6
122.3
14.9
46.6
59.3
23.4
209.2
101.5
40.8
48.8
18.1
130.6
16.0
48.5
61.7
23.5
221.7
105.3
49.1
50.7
16.5
136.5
14.6
50.0
1,041.7
122.1
20.6
220.5
55.1
132.1
427.8
354.2
233.0
41.9
79.3
73.7
63.6
53.9
1,097.9
139.2
21.6
230.3
58.3
137.0
445.8
370.7
245.9
42.4
82.5
75.1
65.7
57.7
1,171.1
156.3
22.9
244.3
62.7
142.8
471.5
392.3
259.7
44.8
87.8
79.2
70.6
63.0
1,270.2
176.4
21.6
266.7
67.5
153.5
509.6
425.9
281.0
50.8
94.1
83.6
75.0
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 beverages 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 less 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 osteqpathic physicians, chiropractors, private duty nurses, chiropodists, podiatrists, and others
providing health and allied services, not elsewhere classified.
13. Consists of (1) current expenditures (including consumption of fixed capital) of 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 commercial life insurance carriers, (2) administrative expenses of
private noninsured pension plans and publicly administered government employee retirement plans, and (3)
premiums, less benefits and dividends, of fraternal benefit societies. For commercial life insurance carriers,
excludes expenses for accident and health insurance and includes profits of stock companies and services
Line
Income loss (s.) 15
Workers' compensation (s.) 1 6 ..
1998
1999
2000
1.7
2001
1.8
6.4
1.4
8.3
1.5
6.5
529.8
58.1
575.2
72.2
55.7
63.2
68.4
73.5
221.2
90.9
58.7
16.2
28.9
233.8
96.2
62.4
16.5
31.0
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.) 19
Purchased local transportation
Mass transit systems (s.)
Taxicab (s.)
Purchased intercity transportation
Railway (s.)
Bus(s.)
Airline (s.)
Other (s.) 20
649.9
599.2
87.9
54.9
104.5
41.5
707.8
258.1
102.8
65.2
16.4
33.2
768.9
711.9
105.5
59.4
125.9
45.9
259.5
103.9
70.4
17.5
35.3
794.8
742.0
105.9
60.6
149.0
45.8
153.6
114.8
4.0
38.0
12.3
8.3
4.1
38.4
.7
1.9
165.1
129.3
4.4
36.8
12.4
8.6
3.8
40.7
2.0
32.7
5.3
175.5
164.4
4.6
30.7
12.7
9.1
3.6
44.3
.8
1.5
36.7
5.2
181.6
162.1
4.9
32.1
13.2
9.5
3.7
39.7
.9
1.5
32.4
4.8
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 goods, including musical instruments, and
computer goods (d.)
Video and audio goods, including musical instruments (d.)
Computers, peripherals, and software (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 sports (s.) 2 !
Clubs and fraternal organizations (s.) 22
Commercial participant amusements (s.) 23
Pari-mutuel net receipts (s.)
Other (s.) 24
Education and research
Higher education (s.) 25
Nursery, elementary, and secondary schools (s.) 26 ....
Other (s.) 27
Religious and welfare activities ( s . ) »
489.1
28.2
31.0
56.5
526.5
30.8
32.5
60.4
564.7
33.2
34.2
62.7
593.9
35.1
35.2
66.7
46.2
50.4
55.3
60.8
90.3
61.6
28.7
98.1
66.7
31.4
4.1
16.7
25.0
7.6
106.3
71.8
34.5
4.1
17.5
27.1
7.8
105.6
72.7
32.9
4.2
18.5
29.4
8.7
8.9
8.5
15.9
63.0
4.5
125.1
152.1
9.9
16.7
68.4
4.7
134.4
164.0
10.6
10.1
17.3
73.3
4.8
Personal business .
Bank service charges, trust services, and safe deposit box
rental (s.)
Services furnished without payment by financial
intermediaries except life insurance carriers (s.)
Expense of handling life insurance and pension plans (s.) 1 7 ...
Legal services (s.)
Funeral and burial expenses (s.)
Other (s.) I 8
Foreign travel and other, net
Foreign travel by U.S. residents (s.) 29
Expenditures abroad by U.S. residents (n.d.)
Less: Expenditures in the United States by nonresidents (s.) *
Less: Personal remittances in kind to nonresidents (n.d.)
89
4.1
15.9
23.4
6.9
8.7
7.7
14.9
57.3
4.3
117.0
140.2
74.0
29.9
36.3
654.7
98.4
57.7
118.7
163.9
79.3
32.0
40.8
172.9
-15.1
68.8
3.1
85.4
1.6
-16.0
72.3
3.2
89.6
1.9
5.9
632.5
88.4
9.5
83.1
34.0
46.9
190.1
-16.1
80.9
3.3
98.3
2.0
634.3
74.2
142.9
174.9
87.6
35.5
51.7
199.6
-12.9
76.3
3.6
90.6
2.2
furnished without payment by banks, credit agencies, and investment companies. For pension and retirement
plans, excludes services furnished without payment by banks, credit agencies, and investment companies.
18. Consists of current expenditures (including consumption of fixed capital) of trade unions and professional
associations, employment agency fees, money order fees, spending for 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 parks; golf courses; sightseeing buses and guides; private flying 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 for 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
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.).
August 2002
51
SURVEY OF CURRENT BUSINESS
Table 2.5. Real Personal Consumption Expenditures by Type of Expenditure
[Billions of chained (1996) dollars]
Line
Personal consumption expenditures
Food and tobacco
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.)
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.)
Standard clothing issued to military personnel (n.d)
Cleaning, storage, and repair of clothing and shoes (s.)
Jewelry and watches (d.)
Other (s.) 3 .
Personal care
Toilet articles and preparations (n.d.)
Barbershops, beauty parlors, and health clubs (s.)
Housing...
Owner-occupied nonfarm dwellings-space rent (s.) 4
Tenant-occupied nonfarm dwellings-rent (s.) 5
Rental value of farm dwellings (s.)
Other (s.) 6
Household operation
Furniture, including mattresses and bedsprings (d.)
Kitchen and other household appliances (d.) 7
China, glassware, tableware, and utensils (d.)
Other durable house furnishings (d.) 8
Semidurable house furnishings (n.d.) 9
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.) 10
Medical care
Drug preparations and sundries (n.d.)"
Ophthalmic products and orthopedic appliances (d.)
Physicians (s.)
Dentists (s.j...
Other professional services (s.) l 2 ..
Hospitals and nursing homes 13
Hospitals
Nonprofit (s.)
Proprietary (s.)
Government (s.)
Nursing homes (s.)
Health insurance
Medical care and hospitalization ( s . ) l 4 . .
Income loss (s.) 15
Workers' compensation (s.) l 6
1999
1998
5,683.7
865.3
5,964.5
888.9
492.2
716.0
512.4
325.4
8.5
.5
43.4
741.0
60.7
42.7
375.0
42.9
247.2
62.5
43.3
404.9
46.4
265.4
159.4
87.8
.3
13.3
47.8
23.5
77.6
51.8
25.8
808.7
588.3
182.9
6.0
31.4
640.6
56.9
32.6
28.8
56.6
36.0
318.3
8.4
.5
46.1
52.1
19.8
187.0
99.8
31.4
41.7
14.3
114.2
15.1
41.6
995.2
117.7
19.9
213.0
50.5
124.1
410.2
341.7
222.4
41.2
78.1
68.4
60.0
47.9
.9
11.4
'
2000
6,223.9
919.4
530.0
339.8
8.7
.5
6,377.2
926.0
533.6
344.0
8.8
.5
42.8
42.1
768.8
775.2
172.6
65.4
44.8
428.4
48.8
280.3
183.1
66.5
45.3
435.9
49.9
287.5
187.1
92.9
.3
97.3
.3
13.8
53.7
25.6
80.0
53.4
26.6
835.0
610.7
185.8
6.1
32.5
677.7
60.6
35.5
31.8
61.9
38.9
14.3
58.1
27.1
81.7
54.1
27.6
851.3
627.3
184.0
6.0
34.1
712.2
65.0
37.5
34.2
65.9
41.6
100.5
.3
13.7
58.0
27.0
81.5
53.6
27.8
866.0
643.5
184.3
5.9
32.5
721.8
65.7
38.3
35.9
68.0
43.0
54.4
21.2
190.1
101.0
31.6
43.0
14.7
127.1
13.7
43.0
1,025.5
129.4
20.6
218.7
51.1
126.5
418.1
350.7
229.8
41.0
79.9
67.5
61.3
49.5
.9
10.8
54.4
22.3
195.0
104.4
32.9
43.9
14.0
141.1
14.1
42.9
1,062.0
140.6
21.3
228.0
52.5
128.5
427.4
359.8
234.8
42.2
82.8
67.7
63.8
51.4
1.0
11.4
54.6
22.4
191.3
101.2
33.3
44.4
12.6
151.2
12.4
42.9
1,110.2
152.3
19.4
242.1
54.4
133.9
443.9
376.8
244.1
46.6
86.2
67.5
64.5
51.6
1.0
12.1
* Because of rapid changes in relative prices, the chained-dollar estimates for computers are especially
misleading as a measure of the contribution or relative importance of this component.
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
Line
2001
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 (s.)
Expense of handling life insurance and pension plans (s.) l 7
Legal services (s.)
Funeral and burial expenses (s.)
Other (s.) l 8
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.)' 9
Purchased local transportation
Mass transit systems (s.)
Taxicab(s.)
Purchased intercity transportation
Railway (s.)
Bus(s)
Airline (s.)
Other ( s . p
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 goods, including musical instruments, and
computer goods (d.)
Video and audio goods, including musical instruments (d.)
Computers, peripherals, and software (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 sports (s.) 21
Clubs and fraternal organizations (s.) 22
Commercial participant amusements (s.) Pari-mutuel net receipts (s.)
Other (s.) 24
Education and research
Higher education (s.) 2;
Nursery, elementary, and secondary schools (s.) 26
Other (s.) 27
Religious and welfare activities (s.) 2S
Foreign travel and other, net
Foreign travel by U.S. residents (s.) 29
_..r
idents (n.d.)
Expenditures
abroad by, U.S. residei"
'
Less: Expenditures in the United States by nonresidents (s.) *
Less: Personal remittances in kind to nonresidents (n.d.)
1998
484.4
60.4
1999
514.2
80.0
2000
550.0
2001
550.1
86.2
51.6
56.8
58.8
60.7
195.6
81.7
54.0
14.9
27.1
201.4
82.3
54.7
14.6
28.1
658.5
704.8
609.4
88.5
57.5
653.1
99.9
59.8
103.7
42.1
116.8
45.3
220.0
82.0
54.4
14.1
28.9
726.8
673.9
107.0
60.4
123.9
46.7
227.4
80.3
55.7
14.6
29.4
750.4
699.8
108.0
60.4
147.3
45.4
148.6
131.8
3.6
33.6
12.2
8.2
4.0
36.9
.7
1.8
29.5
4.8
506.3
27.1
30.1
59.7
156.7
136.4
3.8
34.1
12.5
8.7
3.8
162.1
135.7
3.9
34.3
12.6
9.0
3.5
40.3
.8
1.3
33.4
4.7
604.9
32.5
31.8
74.5
162.2
138.8
3.9
34.3
12.7
9.1
3.5
38.0
.8
1.3
31.6
4.3
644.6
34.1
32.1
82.6
39.3
.7
1.8
31.7
5.0
558.3
30.2
30.8
67.8
47.0
52.3
58.1
64.5
121.3
67.4
60.9
4.0
16.2
22.3
6.6
152.7
78.3
91.0
3.9
17.4
22.6
185.5
90.7
122.0
4.0
17.5
23.1
6.6
211.5
99.0
152.6
4.1
17.9
23.9
7.1
8.4
8.1
14.9
61.6
4.3
8.7
8.1
14.9
63.9
4.3
122.2
144.9
73.6
8.3
7,4
14.2
54.9
4.1
109.6
130.7
68.7
28.0
34.0
155.3
-11.4
69.1
3.5
82.4
1.6
-15.2
6.9
8.1
7.7
14.7
58.8
4.2
114.2
136.8
71.5
29.2
36.1
157.5
-11.7
70.9
3.6
118.7
141.3
72.2
29.8
39.2
164.9
-7.5
84.2
1.9
78.7
4.0
88.2
1.9
-41.6
-72.6
29.9
41.3
166.4
-5.0
73.3
4.4
80.6
2.1
-100.5
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.
See notes and footnotes to table 2.4.
52
Personal Income and Outlays
August 2 0 0 2
Table 2.6. Personal Consumption Expenditures by Type of Product
[Billions of dollars]
Line
Personal consumption expenditures
Durable 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 and household equipment
Furniture, including mattresses and bedsprings (29) ....
Kitchen and other household appliances (30)
China, glassware, tableware, and utensils (31)
Video and audio goods, including musical instruments,
and computer goods (91)
Video and audio goods, including musical
instruments (92)
Computers, peripherals, and software (93)
Other durable house furnishings (32)
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)
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 offpremise 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)
Gasoline, fuel oil, and other energy goods
Gasoline and oil (75)
Fuel oil and coal (40)
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 (111 less 113)
Magazines, newspapers, and sheet music (88)
Flowers, seeds, and potted plants (95)
Services
Housing
Owner-occupied nonfarm dwellings-space rent (24) ....
Tenant-occupied nonfarm dwellings-rent (25)
Rental value of farm dwellings (26)
1998
1999
2000
1
2
3
4
5
6
7
8
9
10
11
5,856.0
6,246.5
6,683.7
6,987.0
693.2
288.8
87.9
54.9
104.5
41.5
265.2
56.7
32.1
29.1
755.9
319.1
98.4
57.7
118.7
44.4
285.5
60.3
34.1
31.4
803.9
336.6
105.5
59.4
125.9
45.9
304.8
64.4
35.7
33.3
835.9
361.3
105.9
60.6
149.0
45.8
306.1
64.0
36.1
34.1
12
90.3
98.1
106.3
105.6
13
14
15
16
17
61.6
28.7
57.1
139.3
20.6
66.7
31.4
61.6
151.2
21.6
71.8
34.5
65.1
162.4
22.9
72.7
32.9
66.4
168.4
21.6
18
19
20
21
22
23
24
46.2
44.3
28.2
1,708.5
852.6
507.9
335.4
50.4
48.5
30.8
1,830.1
898.9
537.7
351.5
55.3
51.1
33.2
1,972.9
955.0
568.6
376.5
60.8
51.0
35.1
2,041.3
992.4
589.0
393.2
25
26
9.3
9.6
9.9
10.2
745.1
786.2
834.2
866.2
27
28
29
30
62.1
45.4
284.8
42.4
65.2
47.4
301.0
44.7
70.3
50.5
313.7
46.3
73.1
53.1
315.3
47.0
31
154.6
164.1
171.9
172.6
32
33
34
35
36
37
38
39
87.7
127.9
114.8
13.1
443.3
54.4
52.7
34.5
92.3
142.9
129.3
13.6
487.4
65.9
55.1
36.8
95.5
182.5
164.4
18.1
521.8
72.2
56.5
38.3
95.6
178.6
162.1
16.5
555.0
76.3
56.5
38.7
40
41
42
43
44
45
46
47
48
49
50
51
53.5
122.1
56.5
21.3
56.9
139.2
60.4
22.6
59.3
156.3
62.7
23.4
61.7
176.4
66.7
23.5
1.5
1.3
1.3
1.4
31.0
15.9
32.5
16.7
34.2
17.5
35.2
18.5
3,454.3
859.7
625.0
194.0
3,660.5
912.6
666.4
202.8
3,906.9
960.0
704.9
207.8
4,109.9
1,014.5
751.0
217.1
6.7
7.2
7.6
8.0
NOTE. The figures in parentheses are the line numbers of the corresponding items in table 2.4.
2001
Line
1998
1999
2000
2001
52
34.0
36.1
39.6
38.5
Household operation
Electricity (37)
Gas (38)
Water and other sanitary services (39)
Telephone and telegraph (41)....:
Domestic service (42)
Other (43)
53
54
55
56
57
58
59
345.6
96.3
32.5
44.2
112.9
16.0
43.7
360.4
96.7
33.3
46.6
122.3
14.9
46.6
386.2
101.5
40.8
48.8
130.6
16.0
48.5
406.3
105.3
49.1
50.7
136.5
14.6
50.0
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)
t
Bus (83)
Airline (84)
Other (85)
60
61
246.3
195.6
259.4
206.3
267.8
210.8
271.4
218.6
62
63
64
65
66
67
68
69
70
71
153.6
42.0
12.3
165.1
41.2
12.4
175.5
35.3
12.7
181.6
36.9
13.2
4.9
5.3
5.2
9.5
3.7
39.7
.9
1.5
32.4
4.8
Medical care
Physicians (47)
Dentists (48)
Other professional services (49)
Hospitals and nursing homes (50)
Health insurance (56)
72
73
74
75
76
77
899.0
220.5
55.1
132.1
427.8
63.6
937.2
230.3
58.3
137.0
445.8
65.7
991.8
244.3
62.7
142.8
471.5
70.6
1,072.2
266.7
67.5
153.5
509.6
75.0
Recreation
,
Admissions to specified spectator amusements (96)
Other (94+100+101+102+103)
78
79
80
221.0
23.4
197.6
237.6
25.0
212.6
255.5
27.1
228.5
271.9
29.4
242.5
Other
Personal care
Cleaning, storage, and repair of clothing and shoes
81
82
882.6
65.4
953.4
70.6
1,045.5
76.3
1,073.6
79.0
83
84
85
86
87
13.8
27.2
24.4
529.8
58.1
14.6
28.9
27.0
575.2
72.2
15.5
31.2
29.5
632.5
88.4
15.6
32.6
30.8
634.3
74.2
Other (27)
Barbershops, beauty parlors, and health clubs (22)
Other(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 (63)
Expense of handling life insurance and pension
plans (64)
Legal services (65)
Funeral and burial expenses (66)
Other (67)
Education and research
Higher education (105)
Nursery, elementary, and secondary schools (106)
Other (107)
'..
Religious and welfare activities (108)
Net foreign travel
Foreign travel by U.S. residents (110)
Less: Expenditures in the United States by
nonresidents (112)
8.3
4.1
8.6
3.8
9.1
3.6
38.4
40.7
44.3
.7
1.9
.7
2.0
.8
1.5
30.8
32.7
36.7
88
55.7
63.2
68.4
73.5
89
221.2
233.8
258.1
259.5
90
91
92
93
94
95
96
97
98
99
100
90.9
16.2
28.9
140.2
74.0
29.9
36.3
163.9
-16.6
68.8
96.2
62.4
16.5
31.0
152.1
79.3
32.0
40.8
172.9
-17.3
72.3
102.8
65.2
16.4
33.2
164.0
83.1
34.0
46.9
190.1
-17.4
80.9
103.9
70.4
17.5
35.3
174.9
87.6
35.5
51.7
-14.3
76.3
101
85.4
89.6
98.3
90.6
587
199.6
August 2002
53
SURVEY OF CURRENT BUSINESS
Table 2.7. Real Personal Consumption Expenditures by Type of Product
[Billions of chained (1996) dollars]
Line
Personal consumption expenditures
Durable 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 and household equipment
Furniture, including mattresses and bedsprings (29)
Kitchen and other household appliances (30)
China, glassware, tableware, and utensils (31)
Video and audio goods, including musical instruments,
and computer goods (91)
Video and audio goods, including musical instruments
Computers, peripherals, and software (93) *
Other durable house furnishings (32)
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)
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 offpremise 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)
Gasoline, fuel oil, and other energy goods
Gasoline and oil (75)
Fuel oil and coal (40)
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 (111 less 113)
Magazines, newspapers, and sheet music (88)
Flowers, seeds, and potted plants (95)
Services
Housing
Owner-occupied nonfarm dwellings-space rent (24)
Tenant-occupied nonfarm dwellings-rent (25)
Rental value of farm dwellings (26)
Other (27)
1998
1999
2000
1
2
3
4
5
6
7
8
9
10
11
5,683.7
726.7
292.0
88.5
57.5
103.7
42.1
293.3
56.9
32.6
28.8
5,964.5
812.5
322.1
99.9
59.8
116.8
45.3
335.1
60.6
35.5
31.8
6,223.9
878.9
338.4
107.0
60.4
123.9
46.7
374.0
65.0
37.5
34.2
6,377.2
12
121.3
152.7
185.5
211.5
13
14
15
16
17
67.4
60.9
56.6
141.8
19.9
78.3
91.0
61.9
156.5
20.6
90.7
122.0
65.9
169.6
21.3
99.0
152.6
68.0
175.3
19.4
931.9
361.9
108.0
60.4
147.3
45.4
398.0
65.7
38.3
35.9
18
19
20
21
22
23
24
47.0
47.8
27.1
1,686.4
819.4
492.2
318.3
25
26
8.9
9.1
9.2
9.3
716.0
741.0
768.8
775.2
27
28
29
30
60.7
42.7
290.4
42.9
62.5
43.3
312.1
46.4
65.4
44.8
329.4
48.8
66.5
45.3
337.7
49.9
31
159.4
172.6
183.1
187.1
32
33
34
35
36
37
38
39
88.1
146.1
131.8
14.3
430.8
46.1
51.8
36.0
93.2
151.1
136.4
14:7
455.7
43.4
53.4
38.9
97.6
149.7
135.7
14.0
477.0
42.8
54.1
41.6
100.8
151.2
138.8
12.6
495.5
42.1
53.6
43.0
40
41
42
43
44
45
46
47
48
49
50
51
52
52.1
117.7
59.7
19.8
54.4
129.4
67.8
21.2
54.4
140.6
74.5
22.3
54.6
152.3
82.6
22.4
52.3
53.7
30.2
1,765.1
846.8
512.4
325.4
58.1
58.1
32.5
1,833.8
879.0
530.0
339.8
64.5
58.0
34.1
1,869.8
887.0
533.6
344.0
1.9
1.7
2.1
2.3
30.1
16.2
30.8
17.4
31.8
17.5
3,273.4
808.7
588.3
182.9
3,395.4
835.0
610.7
185.8
3,524.5
851.3
627.3
184.0
32.1
17.9
3,594.9
866.0
643.5
184.3
6.0
6.1
6.0
5.9
31.4
32.5
34.1
32.5
* Because of rapid changes in relative prices, the chained-dollar estimates for computers are especially
misleading as a measure of the contribution or relative importance of this component.
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity
Line
1998
1999
2000
2001
Household operation
Electricity (37)
Gas (38)
.
Water and other sanitary services (39)
Telephone and telegraph (41)
Domestic service (42)
Other (43)
53
54
55
56
57
58
59
343.5
99.8
31.4
41.7
114.2
15.1
41.6
358.7
101.0
31.6
43.0
127.1
13.7
43.0
377.8
104.4
32.9
43.9
141.1
14.1
42.9
382.6
101.2
33.3
44.4
151.2
12.4
42.9
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)
60
61
234.7
185.7
246.2
194.5
253.0
200.2
251.1
200.4
62
63
64
65
66
67
68
69
70
71
148.6
37.2
12.2
156.7
38.0
12.5
162.1
38.2
12.6
162.2
38.3
12.7
9.1
3.5
38.0
.8
1.3
31.6
4.3
Medical care
Physicians (47)
Dentists (48)
Other professional services (49)
Hospitals and nursing homes (50) ....
Health insurance (56)
2001
8.2
4.0
8.7
3.8
9.0
3.5
36.9
39.3
40.3
.7
1.8
.7
1.8
.8
1.3
29.5
31.7
33.4
4.8
5.0
4.7
72
73
74
75
76
77
857.7
213.0
50.5
124.1
410.2
60.0
875.6
218.7
51.1
126.5
418.1
61.3
900.1
228.0
52.5
128.5
427.4
63.8
938.3
242.1
Recreation
Admissions to specified spectator amusements (96)
Other (94+100+101+102+103)
78
79
80
209.0
22.3
186.7
218.4
22.6
195.8
226.5
23.1
203.5
233.2
23.9
209.4
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 (61)
Bank service charges, trust services, and safe deposit box
rental (62)
:
Services furnished without payment by financial
intermediaries except life insurance carriers (63)
Expense of handling life insurance and pension plans (64)
Legal services (65)
Funeral and burial expenses (66)
Other (67) '.
Education and research
Higher education (105)
Nursery, elementary, and secondary schools (106)
Other (107)
Religious and welfare activities (108)
Net foreign travel
Foreign travel by U.S. residents (110)
Less: Expenditures in the United States by nonresidents
81
82
83
84
85
86
87
819.3
62.6
13.3
25.8
23.5
484.4
60.4
860.9
65.9
13.8
26.6
25.6
514.2
80.0
915.1
68.9
14.3
27.6
27.1
550.0
98.9
922.7
68.6
13.7
27.8
27.0
Residual
54.4
133.9
443.9
64.5
550.1
86.2
88
51.6
56.8
58.8
60.7
89
90
91
92
93
94
95
96
97
98
99
100
195.6
81.7
54.0
14.9
27.1
130.7
68.7
28.0
34.0
155.3
-13.3
69.1
201.4
82.3
54.7
14.6
28.1
136.8
71.5
29.2
36.1
157.5
-13.4
70.9
220.0
82.0
54.4
14.1
28.9
141.3
72.2
29.8
39.2
164.9
-9.6
78.7
227.4
80.3
55.7
14.6
29.4
144.9
73.6
29.9
41.3
166.4
-7.3
73.3
101
102
82.4
84.2
88.2
-15.0
-41.7
-72.5
80.6
-99.9
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.
Chain-type quantity indexes for the series in this table are shown in table 7.5.
The figures in parentheses are the line numbers of the corresponding items in table 2.4.
54
August 2 0 0 2
Personal Income and Outlays
Table 2.8. Personal Income by Type of Income
[Billions of dollars; months seasonally adjusted at annual rates]
Proprietors' income with
inventory valuation and
capital consumption
adjustments
Wage and salary disbursements
Year and
month
Personal
income
Private industries
All
industries
Goods-producing
Total
Total
1998
1999
2000
2001
Other
labor
income
Manufacturing
Distributive
Service
Government
Farm
Nonfarm
Rental
income of
persons
with
capital
consumption
adjustment
Personal
dividend
income
7,426.0
7,786.5
8,406.6
8,685.3
4,192.8
4,470.4
4,836.3
4,950.6
3,500.1
3,746.3
4,067.4
4,139.8
1,038.5
1,088.6
1,163.7
1,142.4
756.6
782.0
829.4
789.4
948.9
1,020.8
1,094.8
1,109.2
1,512.7
1,636.9
1,808.9
1,888.2
692.7
724.2
768.9
810.8
490.6
510.2
544.2
570.4
25.6
27.7
22.6
19.0
598.2
650.7
692.2
708.8
138.6
149.1
146.6
137.9
348.3
328.0
375.7
409.2
January
February
March
April
May
June
July
August
September..
October
November...
December...
7,199.8
7,256.2
7,308.4
7,340.8
7,385.7
7,421.9
7,456.7
7,497.0
7,518.3
7,548.7
7,581.5
7,597.2
4,061.0
4,087.7
4,108.7
4,130.4
4,161.3
4,177.8
4,198.1
4,236.2
4,250.8
4,274.7
4,305.3
4,321.5
3,382.2
3,406.5
3,426.0
3,444.9
3,472.4
3,486.4
3,505.0
3,539.0
3,550.9
3,572.3
3,600.7
3,615.0
1,017.3
1,021.6
1,025.0
1,029.0
1,034.3
1,034.9
1,032.3
1,045.5
1,049.8
1,052.9
1,056.5
1,062.6
746.5
749.2
752.6
753.1
756.4
755.2
749.4
759.7
763.8
763.1
763.9
765.7
919.0
926.0
928.0
932.1
941.3
943.8
951.0
959.4
963.0
967.3
977.5
978.7
1,445.9
1,458.9
1,472.9
1,483.9
1,496.8
1,507.6
1,521.7
1,534.1
1,538.0
1,552.1
1,566.6
1,573.7
678.8
681.2
682.7
685.5
689.0
691.5
693.1
697.3
699.9
702.4
704.7
706.6
481.6
483.5
484.7
486.7
488.2
489.9
491.5
493.1
494.9
496.2
497.7
499.3
25.7
23.6
22.9
24.2
25.0
25.7
25.0
25.4
26.0
27.6
28.0
28.2
577.1
582.1
589.4
589.5
590.9
597.5
602.8
600.1
601.9
610.8
615.2
621.4
126.2
127.4
129.4
133.4
136.2
138.9
142.4
144.4
145.8
145.8
146.6
147.2
1999
January
February
March
April
May
June
July
August
September..
October
November...
December...
7,637.2
7,655.8
7,674.6
7,691.7
7,721.5
7,753.4
7,773.4
7,819.5
7,830.2
7,898.0
7,955.1
8,027.6
4,368.0
4,397.8
4,403.7
4,409.2
4,430.6
4,440.8
4,463.8
4,489.7
4,509.2
4,539.3
4,571.7
4,621.5
3.657.0
3,683.7
3,688.9
3,692.0
3,712.0
3,718.8
3,739.1
3,762.0
3,778.4
3,805.6
3,835.0
3,882.8
1,068.8
1,075.9
1,076.8
1,074.6
1,079.2
1,080.8
1,088.4
1,090.6
1,098.5
1,099.2
1,108.5
1,121.9
770.7
773.4
775.1
771.6
776.2
776.7
783.3
785.5
789.9
786.4
792.0
802.9
992.6
1,003.6
1,002.9
1,006.2
1,010.2
1,013.3
1,017.2
1,025.9
1,026.2
1,040.4
1,047.7
1,062.9
1,595.6
1,604.3
1,609.3
1,611.2
1,622.6
1,624.6
1,633.5
1,645.5
1,653.7
1,665.9
1,678.8
1,697.9
711.0
714.1
714.8
717.2
718.6
722.0
724.7
727.7
730.8
733.7
736.7
738.8
501.4
502.7
503.8
505.6
507.2
509.0
510.7
512.6
514.6
516.2
518.2
520.6
29.6
30.2
30.5
30.3
29.8
28.9
26.5
25.6
25.1
25.9
25.5
24.8
625.6
627.8
634.1
641.0
640.2
652.3
654.0
661.8
655.2
663.1
674.1
678.9
2000
January
February
March
April
May
June
July
August
SeptemberOctober
November...
December...
8,149.6
8,208.8
8,276.4
8,302.8
8,349.7
8,398.1
8,452.3
8,485.8
8,525.5
8,556.8
8,572.6
8,600.3
4,728.2
4,756.9
4,787.1
4,784.8
4,777.9
4,809.8
4,867.2
4,872.1
4,898.5
4.910.9
4,918.5
4.923.9
3,975.9
4,001.6
4,026.1
4,020.1
4,005.5
4,038.9
4,095.7
4,100.3
4,124.8
4,135.7
4,140.9
4.143.1
1,159.3
1,167.9
1,173.6
1,157.8
1,146.9
1,154.5
1,173.4
1,172.0
1,170.2
1,168.5
1,165.9
1.154.7
834.0
842.0
841.1
826.5
817.6
823.6
839.6
835.6
832.2
826.8
822.5
811.5
1,073.3
1,075.4
1,081.8
1,087.4
1,082.9
1,091.4
1,104.0
1,100.1
1,111.4
1,108.5
1,109.0
1,112.0
1,743.4
1,758.2
1,770.7
1,774.9
1,775.8
1,793.0
1,818.3
1,828.2
1,843.2
1,858.7
1,866.0
1,876.5
752.2
755.3
761.0
764.7
772.4
770.9
771.5
771.9
773.7
775.2
777.6
780.8
527.1
530.6
533.9
536.9
540.1
543.1
545.9
548.7
551.7
554.6
557.4
560.1
22.5
22.1
22.4
25.0
25.3
24.8
22.4
21.6
21.1
21.6
21.3
20.8
2001
January
February
March
April
May
June
July
August
September..
October
November...
December...
8,644.4
8,655.8
8,674.2
8,678.9
8,668.3
8,681.3
8,710.1
8,701.0
8.707.5
8,685.2
8,686.7
8,730.9
4.952.5
4,960.6
4,968.1
4,967.1
4,949.6
4.953.9
4.962.9
4,952.3
4.946.1
4,923.5
4,922.3
4,948.6
4,163.2
4,164.0
4,168.2
4,164.3
4,144.1
4,144.7
4,149.2
4,136.1
4,124.6
4,100.2
4,097.6
4,120.8
1,157.6
1,154.8
1,156.4
1,154.0
1.149.8
1,146.2
1,144.0
1,139.9
1,136.2
1,125.0
1,121.7
1,123.0
811.1
806.7
803.9
804.2
796.2
791.0
788.1
782.9
779.1
772.9
768.6
768.2
1,118.2
1,113.5
1,113.3
1,114.2
1,109.4
1,113.2
1,117.3
1,112.0
1,103.1
1,097.3
1,096.1
1,102.4
1,887.5
1,895.7
1,898.4
1,896.1
1,885.0
1,885.3
1,887.8
1,884.2
1,885.4
1,877.8
1,879.8
1,895.4
789.3
796.5
799.9
802.7
805.5
809.2
813.7
816.2
821.5
823.3
824.6
827.8
563.3
564.9
565.9
566.8
568.1
569.8
571.0
572.3
573.8
574.7
576.2
577.9
8,774.9
8,815.6
4,949.6
4,965.8
4.980.3
4,977.6
4,996.9
5.029.4
4,113.4
4,124.9
4,136.2
4,132.0
4,148.9
4,178.5
1.121.0
1,122.3
1.123.2
1,120.2
1,121.2
1,125.7
765.1
766.1
766.3
765.3
766.9
769.6
1,100.7
1,105.4
1,111.5
1,107.6
1,113.9
1,119.0
1,897.2
1,901.5
1,904.2
1,913.8
1,933.9
836.3
840.9
844.1
845.6
848.0
850.8
586.1
590.7
595.5
599.4
603.5
607.9
Personal
interest
income
964.4
969.2
1,077.0
Transfer
payments
to persons
Less:
Personal
contributions
for social
insurance
1,091.3
983.7
1,018.5
1,070.3
1,170.4
316.3
337.4
358.4
372.3
347.7
349.2
350.2
350.4
350.2
349.7
348.7
347.8
347.3
347.1
346.4
345.5
918.1
934.1
948.2
958.9
968.2
975.3
981.1
983.5
983.3
980.5
975.4
966.8
971.3
979.2
986.6
980.2
980.4
982.5
983.8
985.2
987.9
986.9
989.6
990.9
308.9
310.5
311.7
312.8
314.5
315.4
316.6
318.8
319.6
320.8
322.7
323.7
148.5
148.9
149.3
149.5
149.9
150.2
150.3
150.5
136.7
151.3
152.3
152.3
336.3
331.3
327.5
324.8
323.1
322.2
322.5
323.7
325.8
328.8
332.8
337.8
954.3
944.4
947.6
954.0
960.8
967.6
965.9
971.0
977.6
986.5
995.5
1,005.5
1,004.4
1,005.8
1,011.7
1,011.2
1,015.1
1,018.3
1,017.0
1,023.4
1,025.8
1,028.5
1,028.2
1,032.2
330.8
333.0
333.5
333.9
335.4
335.9
337.3
338.8
339.8
341.6
343.2
345.9
671.9
677.3
691.3
687.7
693.2
700.4
692.5
701.4
696.7
696.2
698.7
699.3
152.3
151.6
150.5
147.9
146.6
145.7
145.4
144.8
144.3
144.7
143.7
142.1
344.1
350.9
357.3
363.4
369.3
375.2
380.8
385.9
390.5
394.4
397.4
399.8
1,015.9
1,028.2
1,042.0
1,059.9
1,075.2
1,087.8
1,088.5
1,094.7
1,100.5
1,107.6
1,110.9
1,112.2
1,041.2
1,045.6
1,047.6
1,052.6
1,076.4
1,067.5
1,069.4
1,076.6
1,083.8
1,089.1
1,087.7
1,105.8
353.4
354.5
355.8
355.4
354.3
356.2
359.8
360.1
361.8
362.4
363.1
363.7
19.8
19.2
18.8
18.4
18.3
18.4
19.1
19.3
19.4
19.1
19.2
19.4
699.9
699.9
705.9
705.2
708.6
710.7
710.2
712.8
716.4
708.7
710.2
717.4
138.6
136.9
135.5
133.9
133.9
135.1
137.8
141.1
143.5
141.0
139.6
137.3
401.2
402.5
403.8
404.9
406.0
407.2
408.8
411.0
413.1
415.1
417.2
419.6
1,110.4
1,108.8
1,106.1
1,100.9
1,097.2
1,093.6
1,090.4
1,086.5
1,082.3
1,074.7
1,072.2
1,071.9
1,128.7
1,134.2
1,142.1
1,154.1
1,158.3
1,165.0
1,183.1
1,178.7
1,185.7
1,200.3
1,201.9
1,212.9
370.2
371.2
372.1
372.5
371.7
372.3
373,3
373 0
372 9
371.9
372.1
374.0
20.8
21.8
22.5
14.6
6.3
4.8
722.4
728.2
729.4
738.3
742.5
744.0
139.4
141.3
143.2
148.8
154.6
160.4
421.8
423.8
425.5
428.0
430.3
432.7
1,070.9
1,069.9
1,069.0
1,077.1
1,085.2
1,093.2
1,243.5
1,255.0
1,257.6
1,274.5
1,279.8
1,286.0
379.8
381.0
382.1
382,1
383.5
385.8
1998
2002
January
February
March
April
May
June
8,876.2
8,915.6
8,972.6
August 2002
55
SURVEY OF CURRENT BUSINESS
Table 2,9. Personal Income and Its Disposition
[Months seasonally adjusted at annual rates]
Billions of dollars
Disposable personal income
Per capita:
Less: Personal outlays
Year and
month
Personal
income
Less:
Personal tax
and nontax
payments
Equals:
Disposable
personal
income
Total
Personal
consumption
expenditures
Interest paid
by persons
Personal
transfer
payments to
the rest of the
world (net)
Equals:
Personal
saving
Total, billions
of chained
(1996)
dollars1
Current
dollars
Chained
J1996)
dollars'
Population
(mid-period,
thousands)2
Personal
saving as a
percentage of
disposable
personal
income
1998
1999
2000
2001
7,426.0
7,786.5
8,406.6
8,685.3
1,070.4
1,159.1
1,286.4
1,292.1
6,355.6
6,627.4
7,120.2
7,393.2
6,054.1
6,453.3
6,918.6
7,223.5
5,856.0
6,246.5
6,683.7
6,987.0
173.7
179.5
205.4
205.4
24.3
27.3
29.5
31.1
301.5
174.0
201.5
169.7
6,168.6
6,328.4
6,630.3
6,748.0
23,031
23,742
25,205
25,859
22,354
22,671
23,471
23,602
275,955
279,144
282,489
285,908
4.7
2.6
2.8
2.3
1998
January
February
March
April
May
June
July
August
SeptemberOctober
November....
December....
7,199.8
7,256.2
7,308.4
7,340.8
7,385.7
7,421.9
7,456.7
7,497.0
7,518.3
7,548.7
7,581.5
7,597.2
1,027.3
1,035.9
1,038.9
1,044.2
1,056.4
1,065.7
1,072.9
1,086.4
1,091.8
1,097.7
1,109.4
1,118.5
6,172.5
6,220.4
6,269.5
6,296.6
6,329.3
6,356.2
6,383.8
6,410.6
6,426.6
6,451.0
6,472.1
6,478.7
5,871.2
5,919.1
5,948.3
5,967.7
6,032.3
6,054.7
6,064.7
6,096.4
6,125.6
6,160.7
6,181.6
6,226.7
5,678.7
5,726.5
5,754.6
5,770.4
5,834.3
5,855.2
5,864.5
5,895.9
5,924.9
5,959.2
5,981.0
6,027.1
169.6
169.7
170.8
173.0
173.6
175.1
176.0
176.3
176.5
175.7
174.8
173.7
22.9
22.9
22.9
24.3
24.3
24.3
24.2
24.2
24.2
25.8
25.8
25.8
301.3
301.3
321.2
328.9
297.0
301.5
319.1
314.2
301.0
290.3
298.5
252.1
6,019.1
6,063.7
6,110.8
6,128.1
6,152.7
6,180.1
6,193.2
6,210.5
6,226.0
6,235.2
6,251.6
6,252.9
22,485
22,641
22,800
22,878
22,975
23,050
23,125
23,196
23,228
23,292
23,347
23,349
21,926
22,071
22,223
22,266
22,334
22,411
22,434
22,472
22,503
22,513
22,551
22,535
274,517
274,740
274,977
275,226
275,488
275,764
276,061
276,370
276,671
276,959
277,220
277,470
4.9
4.8
5.1
5.2
4.7
4.7
5.0
4.9
4.7
4.5
4.5
3.9
January
February
March
April
May
June
July
August
SeptemberOctober
November....
December...,
7,637.2
7,655.8
7,674.6
7,691.7
7,721.5
7,753.4
7,773.4
7,819.5
7,830.2
7,898.0
7,955.1
8,027.6
1,117.7
1,129.4
t.129.6
1,130.9
1,142.9
1,152.3
1,162.6
1,158.1
1,180.8
1,189.3
1,200.3
1,215.8
6,519.5
6,526.4
6,545.0
6,560.8
6,578.6
6,601.1
6,610.7
6,661.4
6,649.4
6,708.6
6,754.8
6,811.9
6,235.3
6,275.1
6,318.8
6,380.1
6,388.0
6,432.8
6,469:5
6,508.6
6,543.4
6,582.3
6,602.1
6,703.9
6,035.9
6,075.5
6,118.3
6,176.5
6,183.3
6,227.0
6,263.3
6,301.0
6,334.1
6,387.2
6,486.3
173.0
173.3
174.2
176.4
177.6
178.6
178.7
180.0
181.7
184.2
186.7
189.4
26.3
26.3
26.3
27.2
27.2
27.2
27.6
27.6
27.6
28.2
28.2
28.2
284.3
251.3
226.2
180.7
190.6
168.4
141.2
152.8
106.0
126.3
152.8
108.0
6,276.7
6,286.3
6,302.1
6,285.7
6,299.3
6,318.2
6,312.5
6,347.4
6,314.9
6,359.8
6,399.0
6,439.2
23,477
23,484
23,532
23,568
23,609
23,665
23,673
23,828
23,759
23,945
24,086
24,266
22,603
22,621
22,659
22,579
22,606
22,651
22,605
22,705
22,563
22,700
22,817
22,939
277,694
277,905
278,132
278,383
278,651
278,939
279,248
279,565
279,874
280,174
280,450
280,714
4.4
3.9
3.5
2.8
2.9
2.6
2.1
2.3
1.6
1.9
2.3
1.6
2000
January
February
March
April
May
June
July
August
September...
October
November....
December....
8,149.6
8,208.8
8,276.4
8,302.8
8,349.7
8,398.1
8,452.3
8,485.8
8,525.5
8,556.8
8,572.6
8,600.3
1,244.8
1,258.2
1,265.8
1,268.1
1,269.3
1,281.5
1,289.3
1,300.6
1,309.0
1,312.2
1,316.6
1,321.4
6,904.8
6,950.6
7,010.6
7,034.7
7,080.4
7,116.6
7,162.9
7,185.2
7,216.5
7,244.6
7,256.0
7,278.9
6,708.1
6,782.5
6,837.1
6,840.2
6,864.3
6,904.7
6,936.1
6,958.3
7,035.7
7,032.8
7,038.2
7,085.3
6,487.0
6,558.7
6,610.9
6,611.7
6,633.3
6,671.2
6,697.5
6,717.5
6,793.3
6,788.4
6,793.8
6,841.7
193.0
195.7
198.1
199.6
202.0
204.6
208.7
210.9
212.4
213.4
213.5
212.7
28.2
28.2
28.2
29.0
29.0
29.0
30.0
30.0
30.0
30.9
30.9
30.9
196.7
168.1
173.5
194.5
216.2
211.9
226.8
226.9
180.8
211.8
217.8
193.6
6,508.5
6,527.7
6,555.0
6,575.2
6,616.9
6,630.8
6,661.9
6,683.0
6,685.5
6,700.9
.6,702.8
6,715.0
24,575
24,718
24,909
24,971
25,109
25,211,
25,347
25,396
25,478
25,546
25,563
25,623
23,165
23,214
23,290
23,340
23,465
23,490
23,574
23,621
23,603
23,629
23,614
23,638
280,963
281,197
281,446
281,712
281,988
282,281
282,598
282,926
283,243
283,590
283,847
284,076
2.8
2.4
2.5
2.8
3.1
3.0
3.2
3.2
2.5
2.9
3.0
2.7
8,644.4
8,655.8
8,674.2
8,678.9
8,668.3
8,681.3
8,710.1
8,701.0
8,707.5
8,685.2
8,686.7
8,730.9
1,337.8
1,340.4
1,343.5
1,337.8
1,334.1
1,336.5
1,248.2
1,106.7
1,190.9
1,312.7
1,304.5
1,312.0
7,306.6
7,315.4
7,330.7
7,341.1
7,334.2
7,344.8
7,461.8
7,594.3
7,516.6
7,372.4
7,382.2
7,418.9
7,143.0
7,148.2
7,140.5
7,169.8
7,205.3
7,220.4
7,237.2
7,256.2
7,172.6
7,346.9
7,316,9
7,325.1
6,901.8
6,909.1
6,903.1
6,931.8
6,966.7
6,981.0
6,997.6
7,017.8
6,935.8
7,114.5
7,087.4
7,097.9
210.3
208.1
206.5
207.0
207.8
208.4
207.8
206.7
204.9
201.8
198.9
196.7
30.9
30.9
30.9
30.9
30.9
30.9
31.8
31.8
31.8
30.6
30.6
30.6
163.6
167.2
190.2
171.4
128.9
124.4
224.6
338.0
344.0
25.5
65.3
93.8
6,703.7
6,698.4
6,710.7
6,708.8
6,686.5
6,689.1
6,796.5
6,917.5
6,878.2
6,706.9
6,718.7
6,761.9
25,697
25,706
25,736
25,747
25,697
25,707
26,087
26,520
26,219
25,688
25,697
25,801
23,577
23,538
23,560
23,529
23,427
23,412
23,761
24,156
23,992
23,369
23,388
23,516
284,332
284,575
284,840
285,130
285,414
285,710
286,032
286,362
286,687
286,999
287,277
287,539
2.2
2.3
2.6
2.3
1.8
1.7
3.0
4.5
4.6
.3
.9
1.3
8,774.9
8,815.6
1,145.7
1,141.8
1,138.8
1,132.0
1,130.5
1,132.5
7,629.2
7,673.7
7,702.0
7,744.2
7,785.1
7,840.1
7,355.7
7,408.9
7,424.3
7,466.8
7,469.3
7,509.6
7,130.6
7,186.8
7,205.3
7,242.9
7,240.6
7,276.2
193.7
190.6
187.6
192.3
197.1
201.8
31.5
31.5
31.5
31.7
31.7
31.7
273.5
264.8
277.7
277.3
315.8
330.5
6,941.0
6,968.1
6,978.1
6,986.6
7,027.4
7,071.01
26,509
26,641
26,714
26,833
26,948
27,110
24,118
24,191
24,203
24,208
24,325
24,451
287,798
288,044
288,312
288,605
288,893
289,192
3.6
3.5
3.6
3.6
4.1
4.2
1999
2001
January
February
March
April
May
June
July
August
September...
October
November....
December....
2002
January
February
March
April
May
June
8,876.2
8,915.6
8,972.6
1. Equals disposable personal income deflated by the implicit price deflator for personal consumption expenditures.
2. 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 the estimates for the first of the month and the first of the following
month; the annual estimate is the average of the monthly estimates. Estimates for January 1991 through June 2000 are
interpolations between Bureau of Census population estimates for 1990 and for 2000; estimates for July 2000 forward are
BEA extrapolations. BEA will substitute monthly Bureau of Census population estimates for 1991 forward when they are
released.
Personal Income and Outlays
56
August 2 0 0 2
Table 2.10. Personal Consumption Expenditures by Major
Type of Product
Table 2.11. Real Personal Consumption Expenditures by Major
Type of Product
[Billions of dollars; months seasonally adjusted at annual rates]
[Billions of chained (1996) dollars; months seasonally adjusted at annual rates]
Year and month
1999
2000
2001
Personal
consumption
expenditures
Durable
goods
Nondurable
goods
Services
Year and month
5,856.0
6,246.5
6,683.7
6,987.0
693.2
755.9
803.9
835.9
1,708.5
1,830.1
1,972.9
2,041.3
3,454.3
3,660.5
3,906.9
4,109.9
1998..
1999..
2000..
2001 ..
5,678.7
5,726.5
5,754.6
5,770.4
5,834.3
5,855.2
5,864.5
5,895.9
5,924.9
5,959.2
5,981.0
6,027.1
663.0
670.7
666.8
673.5
701.4
693.1
681.6
690.8
702.7
718.3
718.7
738.5
1,667.4
1,676.0
1,683.9
1,686.9
1,698.8
1,705.8
1,711.8
1,716.4
1,721.9
1,733.6
1,744.0
1,755.5
3,348.3
3,379.8
3,403.9
3,410.0
3,434.2
3,456.4
3,471.2
3,488.7
3,500.3
3,507.3
3,518.3
3,533.1
;.,
6,035.9
6,075.5
6,118.3
6,176.5
6,183.3
6,227.0
6,263.3
6,301.0
6,334.1
6,387.2
6,486.3
709.7
731.9
744.5
754.5
735.4
759.7
761.1
765.2
769.0
771.2
770.7
797.6
1,763.0
1,776.1
1,780.2
1,807.8
1,816.7
1,818.8
1,824.6
1,841.2
1,858.0
1,871.7
1,876.3
1,927.2
6,487.0
6,558.7
6,610.9
6,611.7
6,633.3
6,671.2
6,697.5
6,717.5
6,793.3
6,788.4
6,793.8
6,841.7
803.9
814.5
806.8
802.5
800.1
795.4
797.9
804.0
829.9
803.1
793.0
795.5
6,901.8
6,909.1
6,903.1
6,931.8
6,966.7
6,981.0
6,997.6
7,017.8
6,935.8
7,114.5
7,087.4
7,097.9
7,130.6
7,186.8
7,205.3
7,242.9
7,240.6
7,276.2
Durable
goods
Nondurable
goods
Services
5,683.7
5,964.5
6,223.9
6,377.2
726.7
812.5
878.9
931.9
1,765.1
1,833.8
1,869.8
3,273.4
3,395.4
3,524.5
3,594.9
January
February
March
April
May
June
July
August
September
October
November
December
5,537.6
5,582.2
5,608.9
5,616.0
5,671.6
5,693.0
5,689.4
5,711.9
5,739.9
5,759.8
5,777.2
5,817.0
687.5
696.7
693.4
700.0
732.8
726.3
714.1
725.9
741.4
758.2
760.2
783.4
1,643.6
1,655.2
1,670.1
1,672.7
1,680.7
1,688.1
1,691.1
1,691.3
1,698.4
1,704.9
1,716.9
1,724.2
3,207.4
3,231.5
3,246.2
3,244.6
3,261.3
3,280.9
3,285.6
3,296.7
3,303.4
3,301.5
3,305.1
3,316.3
3,563.2
3,567.5
3,593.6
3,614.2
3,631.2
3,648.5
3,677.7
3,694.6
3,707.0
3,727.0
3,740.2
3,761.5
January
February
March
April
May
June
July
August
September
October
November
December
5,811.1
5,852.0
5,891.2
5,917.5
5,920.7
5,960.1
5,980.7
6,004.0
6,015.4
6,038.7
6,050.8
6,131.4
753.9
781.0
798.0
807.5
788.3
816.8
819.2
824.7
828.5
832.8
833.8
866.0
1,724.1
1,739.9
1,744.2
1,748.6
1,760.0
1,761.5
1,760.2
1,769.0
1,773.8
1,782.4
1,788.4
1,828.7
3,336.6
3,337.5
3,356.6
3,369.7
3,378.7
3,390.8
3,410.0
3,419.5
3,422.6
3,433.2
3,438.3
3,450.5
1,892.2
1,924.9
1,963.6
1,958.1
1,958.5
1,978.0
1,983.9
1,976.6
2,006.2
2,009.1
2,005.7
2,018.4
3,790.9
3,819.3
3,840.5
3,851.1
3,874.8
3,897.7
3,915.7
3,936.9
3,957.3
3,976.3
3,995.0
4,027.7
January
February
March
April
May
June
July
August
September...
October
November...,
December....
6,114.7
6,159.6
6,181.2
6,179.8
6,199.1
6,215.8
6,229.0
6,247.9
6,293.5
6,279.0
6,275.8
6,311.6
873.4
887.1
878.0
874.5
870.8
868.7
872.9
882.2
910.3
882.7
871.5
875.2
1,792.1
1,809.6
1,827.4
1,826.4
1,832.2
1,836.3
1,837.4
1,836.8
1,848.7
1,852.0
1,846.8
1,860.3
3,463.7
3,479.0
3,490.2
3,492.8
3,508.9
3,522.8
3,531.1
3,542.2
3,551.8
3,557.1
3,568.2
3,586.6
812.9
821.5
816.0
813.9
816.8
830.3
830.2
832.6
809.2
913.2
878.4
856.2
2,042.4
2,033.9
2,018.3
2,036.3
2,051.3
2,046.8
2,045.9
2,043.2
2,043.9
2,046.4
2,036.1
2,050.7
4,046.5
4,053.7
4,068.8
4,081.6
4,098.6
4,104.0
4,121.5
4,142.0
4,082.8
4,154.9
4,172.8
4,191.0
January
February
March
April
May
June
July
August
September...
October
November....
December....
6,332.3
6,326.4
6,319.3
6,334.7
6,351.4
6,357.9
6,373.7
6,392.3
6,346.9
6,472.3
6,450.3
6,469.3
905.8
903.0
902.6
909.3
925.2
925.9
932.6
909.4
1,026.5
987.1
962.4
1,876.6
1,862.4
1,852.1
1,860.1
1,866.2
1,860.7
1,872.1
1,875.3
1,857.4
1,873.5
1,877.2
1,904.4
3,576.3
3,573.9
3,578.9
3,586.5
3,591.2
3,590.3
3,593.9
3,603.4
3,595.1
3,608.7
3,614.7
3,626.3
853.6
863.5
859.8
868.5
845.7
859.3
2,074.1
2,089.1
2,092.1
2,110.0
2,099.1
2,107.6
4,202.8
4,234.2
4,253.4
4,264.3
4,295.9
4,309.3
January
February
March
April
May
June
6,487.4
6,526.0
6,528.1
6,534.3
6,535.9
6,562.4
963.6
982.9
981.2
992.8
966.8
985.5
1,920.5
1,926.1
1,917.5
1,915.3
1,917.2
1,923.3
3,627.3
3,644.0
3,655.2
3,654.6
3,673.8
3,679.3
1998
1998
January
February
March
April
May
June
July
August
September
October
November
December
Personal
consumption
expenditures
1999
January
February
March
April
May
June
July;
August
September
October
November
December
2000
January
February
March
April.:
May
June
July
August
September
October
November
December
2000
2001
2001
January
February
March
April
May..
June
July
August
September
October
November
December
2002
2002
January
February
March
April
May
June
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996
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.
August 2002
57
SURVEY OF CURRENT BUSINESS
3. Government Current Receipts and Expenditures.
Table 3.1. Government Current Receipts and Expenditures
[Billions of dollars]
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
1998
IV
Current receipts
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals
Contributions for social insurance
Current expenditures
Consumption expenditures
Transfer payments (net)
To persons
To the rest of the world (net)
Net interest paid
Interest paid
To persons and business
To the rest of the world
Less: Interest received by government
Less: Dividends received by government
Subsidies less current surplus of government
enterprises
Subsidies
Less: Current surplus of government enterprises .
Less: Wage accruals less disbursements
Current surplus or deficit (-), national income
and product accounts
Social insurance funds
Other
Addenda:
Net lending or net borrowing (-)
Current surplus or deficit (-), national income
and product accounts
Plus: Consumption of fixed capital
Plus: Capital transfers received (net)
Less: Gross investment
Less: Net purchases of nonproduced assets ....
2000
1999
IV
I
I
2,613.8 2,780.3 3,000.6 2,992.3 2,681.8 2,718.2 2,750.7 2,792.8 2,859.4 2,966.1
1,070.4 1,159.1 1,286.4 1,292.1 1,108.5 1,125.5 1,142.0 1,167.2 1,201.8 1,256.3
243.1
255.7
199.3
259.4
270.8
246.3
246.0
234.1
247.8
238.8
697.8
745.1
730.3
717.1
774.8
753.6
706.6
703.9
712.9
681.3
651.7
693.9
671.7
662.2
726.1
701.3
656.0
623.3
635.3
660.4
2,529.3 2,630.1 2,775.8 2,951.6 2,566.4 2,581.2 2,606.6 2,641.6 2,691.0 2,710.2
1,285.3
1,336.3
1,301.8 1,317.2 1,347.8 1,378.4 1,394.0
1,431.2 1,522.2
1,261.4
979.0
998.5 1,050.8 1,146.6
984.9
999.2 1,016.3 1,020.4
993.6
965.9
959.8
987.2 1,037.3 1,137.0
976.6
997.7 1,011.9
990.6
983.7
955.0
19.2
11.4
8.3
8.6
18.7
8.6
9.9
9.6
13.6
11.0
274.0
263.1
265.4
262.2
236.0
260.1
261.8
261.0
263.8
278.8
367.6
360.0
361.4
360.2
341.1
364.0
358.5
360.0
363.6
372.2
276.8
285.4
286.4
260.4
284.4
284.8
287.0
280.6
281.1
283.5
90.8
74.5
72.9
73.8
80.7
91.1
79.6
76.5
75.0
83.0
93.5
96.9
94.8
102.2
99.2
97.5
96.1
103.5
93.4
105.1
.4
.4
.4
.4
.4
.4
.4
2002
2001
II
IV
2,985.5 3,020.6 3,030.3
1,273.0 1,299.6 1,316.7
241.9
257.4
267.3
757.9
750.3
761.1
705.7
694.9
710.6
2,768.0 2,788.2 2,836.7
1,431.3 1,439.5 1,459.9
1,042.1 1,055.1 1,085.6
1,032.5 1,043.6 1,061.0
24.5
9.5
11.6
257.5
260.0
261.1
361.6
363.5
365.2
275.4
279.6
283.0
86.2
83.9
82.2
104.1
104.0
103.6
.4
.4
.4
I
III
3,053.5 3,051.4 2,878.2
1,340.6 1,336.1 1,181.9
196.2
213.1
217.3
772.7
775.9
770.6
727.4
726.4
725.0
2,896.1 2,939.3 2,976.1
1,493.4 1,515.5 1,528.0
1,108.7 1,133.7 1,157.8
1,102.3 1,126.0 1,148.9
8.9
7.7
6.4
231.6
240.9
251.7
336.8
345.4
356.1
257.8
263.0
270.8
79.0
82.4
85.4
105.2
104.5
104.5
.4
.4
IV
I
2,986.1 2,872.1
1,309.7 1,142.1
202.4
170.6
786.2
779.9
741.4
725.8
2,994.9
1,551.8
1,186.3
1,171.0
15.3
219.9
326.1
250.2
75.9
106.2
.4
793.5
746.7
3,067.3 3,112.3
1,584.0 1,610.8
1,240.2 1,253.5
1,217.4 1,245.2
8.3
22.8
212.7
206.6
319.5
312.7
238.7
74.0
106.9
106.2
.5
.4
23.5
35.4
11.8
.0
32.5
44.0
11.5
.0
34.1
44.1
10.1
.0
47.3
55.3
8.0
.0
28.4
38.3
10.0
.0
29.3
41.2
11.9
.0
32.3
43.9
11.6
.0
34.0
45.4
11.4
.0
34.5
45.6
11.1
.0
34.3
44.7
10.5
.0
33.9
44.6
10.7
.0
34.0
44.0
10.0
.0
34.2
43.2
9.0
.0
42.8
51.2
8.5
.0
49.7
57.2
7.5
.0
59.1
66.6
7.5
.0
37.5
46.1
8.6
.0
37.0
46.4
9.4
.0
35.7
46.7
11.0
.0
84.5
58.6
25.9
150.2
96.8
53.4
224.8
118.4
106.4
40.7
93.2
-52.5
115.5
73.2
42.3
137.0
86.3
50.7
144.2
92.0
52.2
151.2
99.7
51.5
168.4
109.2
59.2
255.9
122.9
133.0
217.5
111.2
106.3
232.4
120.2
112.2
193.6
119.3
74.3
157.3
108.5
48.8
112.1
99.5
12.7
-97.9
88.4
-186.3
-8.9
76.3
-85.1
-195.2
64.9
-260.1
52.4
24.4
67.0
142.2
-46.9
49.5
65.4
65.5
70.3
66.9
165.8
136.4
152.8
114.0
73.8
16.2
-171.9
-105.6
-299.2
84.5
187.6
32.4
277.1
3.0
150.2
197.9
32.4
304.7
8.8
224.8
210.9
35.9
319.8
9.6
40.7
222.4
35.4
335.8
9.6
115.5
191.0
34.1
284.9
6.1
137.0
193.5
35.0
292.7
7.4
144.2
196.4
36.3
302.9
151.2
199.2
35.6
306.1
9.7
168.4
202.5
22.5
317.1
9.5
255.9
206.0
36.2
322.5
9.9
217.5
209.6
35.6
317.5
8.7
232.4
212.8
35.6
317.7
10.3
193.6
215.4
36.0
321.5
9.5
157.3
217.6
36.7
331.6
6.2
112.1
220.0
35.9
343.0
8.9
-97.9
227.9
34.4
323.7
12.6
-8,9
224.2
34.7
345.0
10.6
-195.2
226.5
35.8
355.5
10.8
228.6
29.7
349.8
10.6
58
Government Current Receipts and Expenditures
August 2002
Table 3.2. Federal Government Current Receipts and Expenditures
[Billions of dollars]
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
IV
Current receipts
Personal tax and nontax receipts
Income taxes
Nontaxes
Corporate profits tax accruals
Federal Reserve banks
Other
Indirect business tax and nontax accruals
Excise taxes
Customs duties
Nontaxes
Contributions for social insurance
Current expenditures
Consumption expenditures
Transfer payments (net)
To persons
To the rest of the world (net)
Grants-in-aid to State and local governments
Net interest paid
Interest paid
To persons and business
To the rest of the world
Less: Interest received by government
Subsidies less current surplus of government
enterprises
Subsidies
Less: Current surplus of government enterprises .
Less: Wage accruals less disbursements
Current surplus or deficit (-), national income
and product accounts
Social insurance funds
Other
Addenda:
Net lending or net borrowing (-)
Current surplus or deficit (-), national income
and product accounts
Plus: Consumption of fixed capital
Plus: Capital transfers received (net)
Less: Gross investment
Less: Net purchases of nonproduced assets ....
1999
1998
2000
I
IV
2001
I
IV
2002
I
IV
1,749.7 1,867.2 2,033.9 2,008.4 1,788.2 1,823.2 1,847.1 1,876.3 1,922.4 2,009.6 2,022.9 2,049.1 2,054.1 2,072.9 2,072.3 1,896.0
891.2
997.2 1,020.5 1,033.6 1,057.9 1,059.8
984.5
875.0
864.1
834.9
900.4
935.8
903.3 1,009.0 1,010.9
911.2
882.0
987.3 1,010.4 1,023.3 1,047.3 1,049.1
974.8
866.0
855.3
826.4
889.8
926.3
999.0 1,000.3
894.0
901.8
10.6
9.2
10.6
9.9
9.7
9.0
8.8
8.5
10.3
10.1
9.6
10.0
9.3
10.7
10.6
9.4
170.2
168.0
211.4
230.5
233.7
208.9
200.3
204.2
208.9
222.1
219.9
223.8
213.0
183.2
186.9
211.7
27.1
26.6
24.6
25.0
24.7
24.0
26.6
26.6
26.1
25.6
27.7
25.3
25.4
28.0
29.6
25.3
143.2
141.4
186.8
205.6
209.0
184.9
173.7
177.7
182.8
196.5
192.2
198.5
187.6
155.2
157.3
186.3
110.3
109.5
98.2
109.5
107.0
97.5
98.5
97.4
110.1
109.8
104.4
109.1
100.2
112.2
112.3
100.8
66.3
65.9
64.1
67.5
67.6
63.3
62.5
61.3
66.7
67.2
64.8
67.3
64.2
67.7
66.7
64.5
20.6
19.9
17.9
22.0
19.9
18.2
19.6
19.6
20.9
21.6
20.9
21.1
19.2
20.7
22.0
19.7
23.4
23.6
16.2
20.0
19.5
16.0
16.4
16.5
22.5
21.0
18.7
20.7
16.8
23.8
23.6
16.5
716.9
718.1
646.3
685.7
684.5
641.8
625.3
613.1
701.5
696.6
662.2
692.1
650.7
717.1
715.8
652.6
1,705.9 1,755.3 1,827.1 1,936.4 1,731.1 1,734.5 1,734.2 1,758.9 1,793.6 1,786.4 1,825.7 1,835.9 1,860.3 1,899.1 1,927.8 1,947.7
461.6
501.3
480.0
465.5
461.8
453.1
497.7
494.2
486.0
493.3
471.6
524.9
517.3
473.4
528.4
527.9
743.2
774.6
758.5
739.1
738.5
730.6
803.5
781.3
756.9
779.5
745.8
832.2
816.3
743.9
842.2
849.3
733.4
765.1
749.9
730.8
719.3
719.7
779.0
769.7
738.2
765.9
734.4
824.5
809.9
735.3
832.6
840.4
9.9
9.5
8.6
8.3
19.2
11.0
24.5
11.6
18.7
13.6
11.4
7.7
6.4
8.6
9.6
8.9
222.2
242.2
239.4
224.9
219.6
210.3
254.6
253.8
242.0
247.5
231.0
281.9
266.8
234.9
277.4
271.4
264.2
264.1
264.2
265.3
273.3
278.5
260.5
263.0
263.7
263.0
263.8
243.1
254.1
262.1
238.1
233.6
281.6
284.1
283.5
282.7
291.1
296.8
279.4
281.9
281.5
282.2
281.3
262.3
273.6
279.3
257.8
253.3
208.7
201.8
203.9
209.0
200.3
205.7
193.3
198.0
204.9
199.2
206.7
180.0
188.2
204.4
177.2
174.3
72.9
82.2
79.6
73.8
90.8
91.1
86.2
83.9
76.5
83.0
74.5
82.4
85.4
75.0
80.7
79.0
17.4
20.0
19.3
17.4
17.7
18.4
18.9
18.9
17.7
19.3
17.4
19.2
19.5
17.2
19.7
19.7
1,992.3 1,887.0
862.6
876.1
1,025.5
853.0
866.1
1,015.1
9.6
10.0
10.4
170.5
142.9
22.7
24.3
147.8
118.6
110.0
108.4
107.3
69.7
68.4
64.9
19.4
18.8
19.9
20.9
21.2
22.5
737.3
732.1
716.6
1,971.0 2,030.5 2,073.6
580.2
566.3
543.6
922.9
916.9
870.9
914.5
894.1
855.6
8.3
22.8
15.3
309.6
292.3
289.4
214.6
208.5
221.6
234.6
228.3
242.1
154.2
166.2
74.0
75.9
19.8
20.5
2'oib
38.0
.1
.0
39.6
40.8
1.2
.0
42.8
43.5
.7
.0
44.6
45.0
.4
.0
44.9
45.2
.3
.0
44.2
44.3
.1
.0
43.5
44.1
.6
.0
43.6
43.6
.0
.0
44.0
42.8
-1.2
.0
44.6
42.3
-2.3
.0
45.6
42.1
-3.6
.0
72.0
93.3
-21.3
57.0
72.6
-15.6
88.7
85.5
3.2
112.9
91.0
21.9
117.4
98.8
18.6
128.8
108.4
20.4
223.2
122.4
100.8
197.2
213.2
120.2
93.0
-51.7
119.4
74.4
173.8
108.6
65.3
144.4
111.0
86.2
99.6
44.9
88.5
-140.2
199.2
58.9
58.3
95.6
106.7
107.5
104.5
215.2
188.8
205.7
187.1
169.8
131.7
-69.3
3.3
206.9
95.9
-8.0
95.9
-.3
72.0
98.7
-12.9
99.7
-.7
57.0
89.1
-4.2
86.6
-3.1
88.7
89.9
-.5
84.5
-2.1
112.9
90.9
-3.7
94.5
-1.2
117.4
92.0
-6.3
95.7
-.1
128.8
93.2
-18.9
98.9
-.4
223.2
94.5
-6.8
95.7
.1
197.2
95.5
-7.9
97.2
-1.2
213.2
96.5
-8.0
95.6
.4
193.8
97.2
-9.3
95.2
173.8
97.7
-9.6
96.1
-3.9
144.4
98.6
-12.8
99.8
-1.3
-51.7
99.0
-14.7
99.5
2.3
21.3
99.7
-14.3
103.4
.1
33.4
35.0
1.6
.0
43.0
43.6
.6
.0
43.8
43.7
-.1
.0
50.3
47.5
-2.8
.0
43.8
58.0
-14.2
111.9
95.9
16.0
206.9
118.3
47.9
103.6
43.8
88.2
-3.6
86.1
-5.6
111.9
91.5
-7.4
93.4
-.9
37.9
65.5
62.3
-3.1
.0
I
-1.7
.0
46.3
45.6
-.7
.0
21.3 -143.5
65.1
76.4
52.5
45.5
43.1
-2.4
.0
46.6
44.9
-208.6
-143.5
100.6
-18.3
105.7
.2
101.3
-21.8
107.1
-.1
August 2002
59
SURVEY OF CURRENT BUSINESS
Table 3.3. State and Local Government Current Receipts and Expenditures
[Billions of dollars]
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
IV
Current receipts
Personal tax and nontax receipts
Income taxes
Nontaxes
Other.......
Corporate profits tax accruals
Indirect business tax and nontax accruals
Sales taxes
Property taxes;
Other..!
Contributions for social insurance
Federal grants-in-aid
Current expenditures
Consumption expenditures
Transfer payments to persons
Net interest paid
Interest paid
Less: Interest received by government
Less: Dividends received by government
Subsidies less current surplus of government
enterprises
Subsidies
Less: Current surplus of government enterprises .
Less: Wage accruals less disbursements
Current surplus or deficit (-), national income
and product accounts
Social insurance funds
Other
Addenda:
Net lending or net borrowing (-)
Current surplus or deficit (-),, national income
and product accounts
Plus: Consumption of fixed capital
Plus: Capital transfers received (net)
less: Gross investment
Less: Net purchases of nonproduced assets ....
2000
1999
1998
I
IV
2002
2001
I
IV
I
II
IV
I
1,074.4 1,144.1 1,214.2 1,261.3 1,113.3 1,119.9 1,125.9 1,151.4 1,179.1 1,195.9 1,204.7 1,225.4 1,230.8 1,247.3 1,261.1 1,253.6 1,283.2 1,277.4
279.1
275.7
256.0
250.8
269.1
266.0
281.6
276.3
282.6
283.2
271.8
265.9
250.5
277.5
255.8
235.5
284.3
244.4
281.2
203.7
219.3
218.7
216.8
199.5
195.1
199.7
201.5
220.5
214.2
221.3
222.6
213.6
208.6
195.7
218.1
182.7
190.3
218.7
44.7
39.3
35.8
43.9
43.1
42.3
38.6
36.4
36.1
41.5
40.8
40.1
37.9
37.1
35.1
39.0
33.7
34.6
41.9
20.7
20.5
19.9
20.7
20.7
20.6
20.0
20.4
20.1
20.6
20.5
20.5
20.3
20.2
19.7
20.4
19.2
19.5
20.6
35.3
34.6
32.0
27.7
28.2
34.8
36.8
34.6
29.9
30.4
33.0
37.1
35.8
34.3
35.6
34.6
33.8
29.1
648.0
663.2
608.5
612.7
677.8 ""683.5
672.5
640.8
616.3
663.8
658.3
650.9
638.1
625.8
600.3
644.5
583.9
605.4
664.4
316.2
319.4
297.9
329.7
327.4
326.0
300.6
312.0
302.8
320.7
318.8
315.4
313.7
308.5
293.3
314.3
284.2
291.8
321.2
249.2
238.2
266.1
263.5
261.0
258.6
239.2
246.9
240.3
256.2
253.8
251.5
244.7
242.5
236.1
248.1
230.3
234.0
257.4
82.6
87.8
72.4
86.9
85.6
85.2
72.9
81.9
73.2
86.8
85.7
84.1
79.7
74.9
70.9
82.1
69.5
79.6
85.8
9.1
9.4
9.8
9.3
9.2
9.3
9.7
9.2
9.6
9.2
9.2
9.2
9.4
9.5
9.9
9.2
10.1
10.0
9.2
222.2
309.6
289.4
271.4
253.8
292.3
231.0
242.2
234.9
281.9
266.8
254.6
239.4
242.0
224.9
247.5
210.3
219.6
277.4
1,033.7 1,105.8 1,196.2 1,292.6 1,054.9 1,071.6 1,094.6 1,117.6 1,139.5 1,163.2 1,184.5 1,206.2 1,231.0 1,263.8 1,293.4 1,299.8 1,313.3 1,329.1 1,348.3
930.0
874.4
990.6 1,000.1 1,008.2 1,017.7 1,030.5
976.2
962.2
914.0
892.3
836.3
937.9
808.3
823.6
993.7
945.4
855.6
864.7
267.4
255.3
301.5
292.4
282.1
262.0
259.5
245.8
271.3
235.3
240.4
304.4
330.7
273.8
250.4
252.7
323.4
315.4
308.5
-2.9
-1.1
-2.2
-2.4
-3.1
-2.4
-1.5
.1
-2.8
.4
.7
-2.1
-1.9
-3.0
-.4
-.7
-1.9
-1.8
-2.0
81.1
79.2
83.0
82.6
82.2
80.5
79.9
81.4
83.3
77.4
81.7
78.3
78.7
75.4
84.9
84.0
84.5
83.5
76.5
84.0
80.3
85.3
85.0
85.2
82.9
81.4
84.2
85.4
84.7
78.8
77.3
79.4
75.0
86.9
86.4
85.7
85.5
75.8
.4
.4
.4
.4
.4
.4
.4
.4
.4
.4
.4
.4
.5
.4
.4
.4
.4
.4
.4
-9.9
.4
-9.5
.4
9.9
.0
-10.3
.4
-10.5
.4
10.9
.0
-10.6
.4
10.7
.0
-10.5
.4
11.0
.0
-9.9
.4
10.4
.0
-9.6
.4
10.0
.0
-9.6
.4
10.0
.0
-9.8
.5
10.2
.0
-1.9
8.9
10.7
.0
4.1
15.1
11.1
.0
-6.4
4.3
10.6
.0
-8.1
2.9
-9.6
1.4
10.9
.0
11.0
.0
11.0
.0
58.4
.6
57.9
48.4
.8
47.5
31.3
1.0
30.3
33.8
32.7
.5
32.2
20.2
.2
20.0
-.1
19.2
-.2
-.1
-.1
-16.5
-.1
-16.4
-32.3
-.1
-32.2
-46.2
-.1
-46.1
-30.2
.9
32.9
39.6
.8
38.8
19.2
-.1
-31.2
-30.0
-51.7
-.2
-51.6
-56.9
-105.8
-8.8
-30.2
-41.2
-37.3
-37.7
-49.4
-52.3
-52.9
-73.1
-96.0
-115.5
-102.7
-108.8
-132.1
18.0
115.0
-31.3
123.7
48.3
236.2
58.4
101.9
38.3
39.6
109.3
41.4
218.2
32.7
111.5
43.0
226.8
20.2
114.1
43.5
220.3
19.2
116.3
43.6
222.1
9.2
9.4
9.8
9.8
9.9
9.9
-.2
118.1
45.3
226.3
0
-16.5
119.9
46.2
235.6
0
-32.3
121.5
48.7
243.2
10.2
-46.2
128.9
49.2
224.2
10.3
-30.2
124.5
49.0
241.7
10.5
-51.7
125.9
10.3
31.3
105.5
40.0
208.4
9.6
33.8
107.2
198.3
48.4
103.5
35.5
208.2
-10.5
.4
10.9
.0
-9.7
.4
10.2
.0
-3.1
10.3
.0
40.7
.6
40.0
38.3
.9
37.4
18.0
.1
17.8
-31.3
-23.4
-36.6
40.7
99.5
36.0
191.0
8.6
38.3
106.4
39.7
211.3
9.7
43.9
223.9
9.9
7.8
10.9
.0
41.9
210.4
9.8
54.1
249.7
10.6
-10.6
1.2
11.8
.0
127.2
51.5
242.7
10.7
60
Government Current Receipts and Expenditures
August
Table 3.4. Personal Tax and Nontax Receipts
Table 3.5. Indirect Business Tax and Nontax Accruals
[Billions of dollars]
[Billions of dollars]
Personal tax and nontax receipts'
Federal
s
Income taxes
Withheld
Declarations and settlements
Less: Refunds....
Nontaxes2
State and local
Income taxes
Motor vehicle licenses
Property taxes
Other taxes 3
Nontaxes
Fines
Other4 ....
Line
1998
1999
2000
2001
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
1,070.4
1,159.1
1,286.4
1,292.1
834.9
826.4
649.8
276.6
100.0
8.5
235.5
182.7
11.4
4.8
2.9
33.7
9.7
24.0
903.3
894.0
718.9
300.4
125.2
9.3
255.8
199.7
12.0
5.0
3.0
36.1
10.4
25.7
1,009.0
999.0
782.7
350.4
134.1
10.0
277.5
218.1
12.4
4.9
3.1
39.0
11.1
27.8
1,010.9
1,000.3
806.3
342.9
148.8
10.6
281.2
218.7
12.5
4.9
3.1
41.9
11.9
30.0
1. Excludes estate and gift taxes, which are classified in the NIPA's as capital transfers.
2. Consists of fines, immigration fees, certain penalty taxes, and excise taxes paid by nonprofit institutions
serving individuals.
3. Consists largely of hunting, fishing, and other personal licenses.
4. Consists largely of donations and unclaimed bank deposits.
Line
1998
681.3
Indirect business tax and nontax accruals .
97.4
61.3
23.4
7.4
5.4
7.7
8.3
Federal
Excise taxes
Gasoline
Alcoholic beverages
Tobacco
Diesel fuel
Air transport
Crude oilwindfall profits tax
Other1
Customs duties
Nontaxes
Outer Continental Shelf royalties
Deposjt insurance premiums
Other2
9.1
19.6
16.5
3.8
1.9
10.7
583.9
284.2
233.5
160.5
28.7
3.8
7.9
8.8
9.4
14.2
50.7
35.5
8.3
6.8
230.3
5.0
3.6
30.2
30.6
4.5
3.5
6.4
16.2
State and local
Sales taxes
State
General
Gasoline
Alcoholic beverages
Tobacco
Public utilities
Insurance receipts
Other
Local
General
Public utilities
Other
Property taxes
Motor vehicle licenses
Severance taxes
Other taxes 3
Nontaxes
Rents and royalties
Special assessments
Fines
Other4
1999
712.9
100.2
64.2
23.4
7.7
5.3
8.3
10.8
19.2
16.8
3.5
2.1
11.2
612.7
300.6
246.2
170.1
29.5
4.0
8.3
9.1
9.7
15.6
54.4
38.5
8.6
7.2
239.2
5.3
3.8
32.0
31.9
4.9
3.5
6.9
16.5
2000
2002
2001
753.6
109.1
67.3
23.4
7.9
7.5
8.6
9.9
774.8
110.3
10.0
21.1
20.7
5.1
3.3
10.2
20.6
23.4
6.5
3.6
12.3
644.5
664.4
314.3
255.7
177.5
30.1
4.1
8.5
9.1
10.1
16.3
58.6
42.1
9.0
7.5
248.1
5.5
5.4
33.2
38.0
5.7
3.7
7.4
21.2
66.3
23.3
7.8
7.4
8.5
9.1
13.4
321.2
259.9
179.9
30.8
4.2
8.8
9.0
10.5
16.7
61.4
44.3
9.3
7.8
257.4
5.5
6.1
33.9
40.3
6.1
3.9
7.9
22.3
1. Consists largely of taxes on telephone services, tires, coal, nuclear fuel, and trucks, and of refunds other
than those for alcoholic beverages and tobacco.
2. Consists largely of fines, fees, and royalties other than those associated with the Outer Continental Shelf.
3. Consists largely of business licenses and of documentary and stamp taxes.
4. Consists largely of donations. Beginning with 1997, includes settlements of lawsuits with tobacco companies.
Table 3.6. Contributions for Social Insurance
[Billions of dollars]
Line
Contributions for social insurance
Employer contributions
Federal social insurance funds
Old-age, survivors, disability, and hospital insurance..
Old-age, survivors, and disability insurance
Hospital insurance
Unemployment insurance
State unemployment insurance
Federal unemployment tax
Railroad employees unemployment insurance .
Federal employees unemployment insurance ...
Railroad retirement .
Pension benefit guaranty
Veterans lite insurance
Workers' compensation
Military medical insurance'
State and local social insurance funds .
Temporary disability insurance
Workers' compensation
Personal contributions
Federal social insurance funds
Old-age, survivors, disability, and hospital insurance...
Employees
Old-age, survivors, and disability insurance
Hospital insurance
Self-employed
Supplementary medical insurance
State unemployment insurance
Railroad retirement
Veterans life insurance
State and local social insurance funds 2
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
26
27
28
29
30
31
1998
1999
2000
2001
623.3
306.9
298.4
263.7
205.6
58.2
27.7
20.4
660.4
323.0
315.0
280.9
218.7
62.2
27.2
19.9
701.3
342.9
335.6
300.5
233.4
67.1
28.1
20.6
726.1
353.9
346.6
311.6
242.9
68.7
28.0
20.3
6.7
.1
.4
2.8
1.0
.0
2.0
1.1
8.6
.0
8.6
6.8
.1
.4
2.8
.9
.0
2.0
1.1
8.0
.0
7.9
7.1
.1
.4
2.8
.8
.0
2.2
1.1
7.3
.0
7.3
7.1
.1
.5
2.9
.9
.0
2.2
1.1
7.2
.0
7.2
316.3
314.8
293.4
263.0
203.5
59.5
30.4
19.3
337.4
335.7
313.3
280.9
217.2
63.6
32.4
20.3
358.4
356.5
334.0
299.9
231.4
68.5
34.1
20.4
372.3
370.3
345.5
309.9
239.8
70.2
35.6
22.7
.0
1.4
.7
1.6
.0
1.4
.7
1.7
.0
1.4
.6
1.9
.0
1.4
.6
2.0
1. Consists of payments for medical services for dependents of active duty military personnel at nonmilitary facilities.
2. Consists of contributions for temporary disability insurance.
August 2002
61
SURVEY OF CURRENT BUSINESS
Table 3.7. Government Consumption Expenditures and Gross Investment by Type
[Billions of dollars]
Seasonally adjusted at annual rates
1999
Line
Government consumption expenditures and
gross investment »
.
1,538.5 1,641.0
Federal
539.2
565.0
National defense
Consumption expenditures
Durable goods 2
Nondurable goods
Services
Compensation of general government
employees, except own-account
investment3
Consumption of general government fixed
capital 4
Other services
Gross investment
Structures
Equipment and software
Nondefense
Consumption expenditures
Durable goods 2
Nondurable goods
Commodity Credit Corporation inventory
change
Other nondurables
Services
Compensation of general government
employees, except own-account
investment3
Consumption of general government fixed
capital4
Other services
Gross investment
Structures
Equipment and software
State and local
Consumption expenditures
Durable goods 2
Nondurable goods
"....»
Services
Compensation of general government
employees, except own-account
investment3
Consumption of general government fixed
capital 4
Other services
Gross investment
Structures
Equipment and software
349.1
364.3
312.0
22.4
Addenda:
Compensation of general government employees3
Federal
State and local 5
299.7
21.1
6.9
271.7
8.1
281.5
2000
2001
133.1
138.3
143.7
62.3
78.2
49.4
5.4
44.0
62.5
85.9
52.3
5.3
47.0
200.7
63.5
102.5
55.5
5.4
50.0
228.2
159.6
63.6
86.7
53.5
5.3
48.2
214.3
171.9
1.0
6.3
1.2
6.4
153.4
-.4
8.1
.1
8.0
145.6
.2
6.1
152.3
82.4
1999
62.2
83.8
133.3
133.0
133.7
132.3
137.7
138.5
138.8
138.1
143.3
143.8
143.9
143.9
152.7
154.3
62.2
85.2
47.1
5.5
62.3
77.4
52.1
5.5
46.7
201.0
158.6
1.0
6.5
62.6
82.5
55.4
5.2
50.2
63.0
98.5
54.7
5.1
63.4
77.4
53.6
5.0
48.6
210.2
168.1
1.2
63.5
90.6
53.3
5.4
47.9
219.4
63.7
86.1
53.7
5.8
63.7
92.5
53.5
5.2
63.5
99.8
52.9
5.5
47.5
63.6
63.5
99.3
56.9
5.0
63.6
113.2
56.8
5.7
51.1
63.8
120.0
59.7
5.1
64.0
127.8
59.5
5.1
54.4
49.7
5.1
44.5
41.6
1.3
8.7
193.7
156.7
1.0
8.2
196.0
158.6
1.0
6.2
5.6
164.4
.8
7.9
174.0
147.5
6.1
151.4
93.6
95.2
85.4
88.2
184.0
.6
7.6
.1
.3
6.2
151.2
23.2
22.5
28.7
26.4
21.8
23.6
21.0
41.2
40.6
50.1
44.4
40.3
41.9
42.2
42.4
37.4
44.2
42.4
36.9
41.1
36.7
11.0
11.7
10.4
10.8
12.0
11.6
11.2
31.4
25.7
33.8
31.6
24.9
29.4
25.5
999.3 1,076.0 1,161.8 1,229.9 1,021.9 1,044.5 1,064.0
993.7
937.9
808.3
855.6
836.3
864.7
823.6
18.3
17.1
14.8
15.8
15.5
15.9
15.2
118.7
114.0
83.4
91.8
85.9
94.0
84.1
856.7
806.8
710.1
748.0
734.9
754.7
724.3
200.3
160.0
49.6
205.5
1.2
7.5
171.3
1.4
4.4
221.9
178.8
1.3
8.2
97.8
55.2
5.5
49.7
229.6
184.9
1.3
10.3
47.9
48:3
214.7
172.8
213.0
6.8
175.5
1.1
6.8
.0
6.2
153.8
.5
6.3
160.1
.6
6.2
167.6
6.6
164.2
1.1
3.2
165.5
.7
7.5
169.3
86.2
93.4
98.4
92.2
90.3
94.3
161.3
.9
6.3
1.2
6.2
.2
6.1
152.8
86.3
51.9
227.2
184.5
234.1
54.6
240.3
194.2
245.4
1.4
8.6
197.9
1.3
10.0
8.0
187.5
1.4
8.2
2.7
7.7
173.3
.0
8.0
175.3
.0
8.3
177.9
-.2
8.8
184.3
186.5
95.1
95.7
95.6
101.7
102.6
1.3
.3
9.8
30.5
29.0
28.5
27.9
27.4
23.9
30.0
29.5
26.7
26.1
25.3
24.6
53.4
49.7
50.6
47.1
47.9
42.6
52.6
52.8
45.3
43.2
41.4
43.0
47.5
42.6
44.6
43.1
41.7
40.3
46.1
46.6
41.9
43.9
42.1
44.2
12.1
9.8
9.6
10.7
10.5
11.3
13.3
11.6
10.3
10.8
11.6
12.5
35.4
35.0
32.8
32.4
31.2
29.0
32.8
35.0
31.5
33.1
30.6
31.7
1,084.8 1,110.5 1,140.8 1,150.3 1,167.4 1,188.5 1,211.7 1,233.7 1,224.3 1,249.8 1,267.5 1,273.3
976.2
962.2
945.4
930.0
914.0
892.3
874.4
990.6 1,000.1 1,008.2 1,017.7 1,030.5
17.8
17.5
19.1
18.8
17.3
17.0
16.7
16.4
19.3
18.4
18.2
16.0
761.0
101.0
774.9
109.1
788.2
111.8
801.2
115.5
812.6
119.4
825.3
120.0
838.4
121.8
850.6
119.1
862.5
113.9
875.5
115.3
883.3
120.4
890.8
97.3
597.0
625.2
660.8
700.4
606.7
612.4
620.4
629.2
638.7
647.8
656.5
665.0
673.9
682.4
693.8
707.3
718.1
723.9
730.3
76.8
36.2
191.0
142.4
48.6
82.6
46.9
211.3
158.3
53.0
89.5
56.5
223.9
167.4
56.5
95.4
60.9
236.2
177.6
58.6
78.8
38.8
198.3
148.0
50.3
80.1
42.3
208.2
156.9
51.3
81.8
45.7
208.4
155.8
52.6
83.3
48.6
210.4
156.9
53,6
85.0
51.1
218.2
163.8
54.4
86.8
53.5
226.8
172.2
54.6
88.8
56.0
220.3
164.5
55.9
90.5
57.1
222.1
164.8
57.3
92.1
59.4
226.3
168.0
58.4
93.6
62.4
235.6
177.8
57.7
94.9
61.9
243.2
184.6
58.6
95.9
59.4
224.2
164.8
59.4
97.3
60.1
241.7
183.1
58.6
60.8
249.7
192.5
57.2
99.7
60.9
242.7
186.1
56.6
819.7
215.3
604.4
854.8
221.5
633.3
902.6
233.4
669.2
952.1
240.5
711.6
831.9
217.5
614.4
843.5
222.6
621.0
850.1
221.6
628.5
221.7
637.1
232.5
656.2
903.1
238.4
664.7
906.1
232.7
673.4
912.6
230.1
682.5
932.4
239.2
693.2
945.6
240.5
705.1
959.6
241.2
718.4
970.7
241.2
729.5
991.9 1,000.6
258.8
256.2
735.7
741.9
1. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
2. Consumption expenditures for durable goods excludes expenditures classified as investment, except for goods transferred to foreign countries by the Federal Government.
3. Compensation of government employees engaged in new own-account investment and related expenditures for goods
and services are classified as investment in structures and in software. The compensation of all general government
2002
2001
2000
1,751.0 1,858.0 1,570.3 1,594.6 1,620.1 1,653.9 1,695.4 1,716.5 1,748.8 1,757.2 1,781.4 1,825.0 1,858.5 1,851.7 1,896.8 1,939.5 1,960.6
672.0 687.3
624.8
569.0
646.9
627.4
589.7
548.4 550.0 556.1
589.2 628.1
592.9 613.3
584.9 575.7 598.5
368.7
431.7 441.9
395.2
412.8
400.3
354.0 355.1
354.7
374.9 399.9
380.0 391.4
379.5 365.5 379.1 375.0
313.4
311.9
303.0
382.4
372.1
340.0
338.4
356.0
321.3
325.8
306.9
305.0
343.4
344.5
321.4
326.5
324.8
24.5
22.8
22.7
24.7
24.7
24.2
22.3
20.0
21.5
24.0
22.7
22.6
26.1
24.2
22.5
22.1
22.4
7.5
10.0
10.7
6.3
6.8
11.7
10.9
10.7
9.6
11.3
10.1
10.6
10.5
10.5
10.4
10.0
8.6
272.7
278.9
280.7
276.7
278.5
346.0
336.5
305.2
306.5
320.7
288.6
292.6
306.7
309.8
288.5
294.3
293.8
131.2
190.1
1998
employees is shown in the addenda.
4. Consumption of fixed capital, or depreciation, is included in government consumption expenditures as a partial
measure of the value of the services of general government fixed assets; use of depreciation assumes a zero net return on
these assets.
5. Beginning with 2001, in accordance with the Consolidated Appropriation Act of 2001, includes compensation of
employees of Indian tribal governments reclassified from the private sector.
62
Government Current Receipts and Expenditures
August 2 0 0 2
Table 3.8. Real Government Consumption Expenditures and Gross Investment by Type
[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates
1999
Line
Government consumption expenditures and
gross investment'
Federal
National defense
Consumption expenditures
Durable goods 2
Nondurable goods
Services
Compensation of general government
employees, except own-account
investment3
Consumption of general government fixed
capital-1
Other services
Gross investment
Structures
Equipment and software
Nondelense
Consumption expenditures
Durable goods 2
Nondurable goods
Commodity Credit Corporation inventory
change
Other nondurables
Services
Compensation of general government
employees, except own-account
investment3
Consumption of general government fixed
capital 4
Other services
Gross investment
Structures
Equipment and software
State and local
Consumption expenditures
Durable goods 2
Nondurable goods
Services
Compensation of general government
employees, except own-account
investment3
Consumption of general government fixed
capital 4
Other services
Gross investment
Structures
Equipment and software
Residual
Addenda:
Compensation of general government employees3
Federal
State and local 5
2000
2001
1998
1999
2002
2001
21.3
8.0
261.4
8.9
264.0
1,640.4 1,504.8 1,515.9 1,526.7 1,546.5 1,573.2 1,568.3 1,586.1 1,582.2 1,593.4 1,615.7 1,638.0 1,633.3 1,674.5 1,697.3 1,704.8
608.6
546.4
543.7
554.0
530.6
527.2
570.6 531.7
597.8
567.2
559.0
553.0 533.8
540.1
568.9 587.2
353.4 347.9
341.2
396.0
378.0
351.9
352.4 360.8 341.3
341.0
366.0 345.8
388.5
361.4
365.5
359.0
299.0
292.7
294.1
334.0
319.1
295.9
287.7
294.2
326.7
304.9
293.3
286.8
308.9
307.2
297.4
305.0
304.5
24.8
22.8
23.1
20.2
21.8
22.7
24.8
24.2
24.3
22.8
24.9
26.3
22.8
24.3
22.6
22.5
22.2
11.7
8.6
8.0
11.5
9.8
10.0
10.1
7.6
9.4
11.3
9.8
10.7
9.0
9.9
8.6
8.6
297.9
256.4
264.4
290.7
271.1
254.4
271.7
266.5
264.7
262.4
284.0
261.0
261.8
275.1
274.0
273.5
124.3
120.9
120.5
121.2
122.7
121.7
120.9
121.4
119.8
120.1
120.7
120.7
120.4
121.4
121.2
121.0
121.3
122.4
123.3
62.4
74.8
51.0
62.4
80.8
53.7
4.8
49.0
62.5
79.6
54.8
4.6
50.4
62.4
79.4
62.5
71.8
54.9
4.4
50.8
62.4
88.5
58.7
4.2
54.9
203.2
59.0
4.7
54.6
209.1
62.4
106.2
62.2
4.2
62.5
112.4
62.3
4.2
153.7
161.1
148.2
195.6
154.3
62.4
87.8
56.8
4.6
52.4
205.6
147.6
62.5
84.3
54.8
4.5
50.6
194.3
153.3
62.4
89.9
54.6
4.7
163.7
1.4
6.8
1.5
8.9
1.1
8.6
1.3
7.6
1.6
5.8
8.3
162.0
1.5
12.1
161.3
1.2
6.4
185.9
148.1
1.1
6.4
62.5
83.4
54.7
4.7
50.1
200.3
62.5
78.7
55.0
5.0
50.1
195.6
62.5
77.3
56.9
4.7
52.4
187.7
62.5
91.9
56.0
4.6
188.8
62.4
73.1
53.5
5.0
48.6
189.5
147.0
1.1
6.7
62.4
100.6
51.6
4.8
47.0
185.8
62.4
80.7
48.4
5.1
43.3
183.8
146.5
-.2
8.3
62.4
91.7
57.3
4.6
53.0
204.4
1.5
7.3
.3
8.1
.3
6.0
140.2
1.6
5.2
146.3
1.7
7.2
151.6
.9
7.7
138.9
6.2
140.7
5.2
6.9
138.5
139.5
76.7
77.0
79.4
79.0
78.3
79.3
77.0
28.0
21.4
26.1
23.8
45.4
40.4
41.2
39.7
43.6
37.5
42.3
41.6
8.9
10.6
9.5
10.7
35.4
27.0
33.3
31.2
957.7 1,002.4 1,037.4 1,069.4
856.8
771.9
831.1
801.2
18.3
15.0
17.2
16.1
22.9
38.7
38.0
10.9
27.2
988.3
788.1
15.7
93.0
29.8
26.4
24.1
27.3
26.9
25.9
24.7
23.5
29.3
28.8
28.3
27.8
25.3
44.2
47.5
42.0
40.5
43.0
40.0
40.6
39.2
47.0
47.6
45.8
45.2
38.7
41.3
47.1
41.6
40.8
42.6
43.9
44.6
43.0
45.4
45.9
42.1
44.0
42.4
9.1
10.2
9.1
10.3
9.2
9.6
11.3
10.1
11.3
9.9
8.4
8.3
10.3
32.7
37.4
33.1
30.8
34.0
34.9
33.6
33.2
34.4
36.6
34.4
36.5
32.4
995.7 1,006.0 1,019.8 1,033.8 1,031.8 1,037.8 1,046.3 1,056.2 1,070.2 1,064.1 1,087.1 1,099.3 1,096.3
879.4
834.1
843.3
828.1
796.7
875.9
870.7
861.8
851.4
822.0
840.1
814.2
805.9
19.2
17.4
17.8
17.1
16.0
19.0
18.7
18.4
18.1
16.8
17.5
16.6
16.3
112.6
103.7
106.7
102.3
95.2
111.8
110.7
109.3
108.2
100.7
105.2
99.1
97.3
749.2
714.2
720.1
709.8
686.3
746.6
742.7
735.5
726.4
718.5
705.5
699.5
693.2
1,483.3 1,540.6 1,582.5
544.4
537.7
525.4
348.7
348.8
341.6
290.6
5.1
45.9
295.3
22.7
.6
6.1
51.7
50.1
199.8
58.5
58.5
1.6
7.8
209.3
164.3
1.7
7.8
212.6
166.0
1.6
9.5
1.4
6.0
192.3
150.4
1.4
6.8
5.9
140.0
.1
5.9
140.8
1.0
5.9
1.1
5.7
142.6
149.2
1.5
6.0
146.1
2.7
3.1
147.5
1.5
6.8
148.5
151.2
.0
7.4
152.5
.0
7.8
154.4
-.4
8.3
154.6
.8
8.8
155.5
75.8
76.0
78.8
83.5
78.3
77.1
78.7
78.9
79.2
79.0
79.4
79.3
147.3
1.1
6.3
192.1
148.2
156.9
1.2
157.5
1.5
96.2
103.0
712.0
108.7
731.1
22.3
38.5
37.8
11.3
26.6
972.8
781.3
15.3
90.7
675.6
559.9
566.4
577.6
589.6
562.9
562.5
564.4
567.8
570.9
574.3
576.3
578.7
581.1
581.5
586.0
593.2
597.6
599.4
600.9
75.7
33.0
185.8
134.0
52.3
-1.1
80.2
43.1
201.4
143.8
58.4
-3.0
84.6
49.9
206.5
145.2
62.7
-5.1
88.7
53.2
212.8
148.6
65.9
-6.8
77.4
35.3
191.6
137.5
54.7
-1.8
78.5
38.9
200.4
144.6
56.3
-1.1
79.6
42.2
199.1
142.0
57.9
-3.1
80.7
44.6
200.2
141.9
59.3
-4.2
46.7
205.9
146.6
60.2
-4.0
83.0
48.2
212.2
152.3
60.5
-3.8
203.7
143.1
62.0
-4.5
85.1
50.5
203.8
142.0
63.4
-5.1
86.2
51.4
206.3
143.4
64.8
-6.5
87.1
51.7
213.2
149.9
64.6
-5.2
52.5
219.3
154.9
65.7
-8.3
89.2
53.4
202.0
137.9
66.7
-6.9
90.2
55.3
216.5
151.7
66.4
-6.5
91.4
56.5
223.7
159.4
65.0
-6.2
92.2
56.7
216.9
153.4
64.6
-7.6
769.4
202.6
566.8
773.2
199.4
573.8
786.2
201.4
584.9
800.5
201.6
598.9
772.2
202.3
570.0
772.3
202.0
570.3
771.3
199.6
571.7
773.7
198.8
574.9
775.3
197.1
578.2
781.9
200.3
581.7
789.2
205.7
583.5
786.4
200.5
586.0
787.5
199.0
588.5
792.2
201.5
590.7
797.0
201.6
595.5
804.2
201.7
602.5
808.7
201.7
607.0
812.4
203.4
609.1
814.5
204.1
610.4
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar 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, excluding the lines in the addenda.
2000
See footnotes to table 3.7.
Chain-type quantity indexes for the series in this table are shown in table 7.11.
Contributions to percent change in real government consumption expenditures and gross investment are shown in
table 8.6.
August 2002
63
SURVEY OF CURRENT BUSINESS
Table 3.9. Government Consumption Expenditures Gross and Net of Sales by Type
[Billions of dollars]
Line
Government consumption expenditures
Federal
National defense
Durable goods'
Gross consumption expenditures
Less: Sales
Nondurable goods
Gross consumption expenditures
Less: Sales
Services
Gross consumption expenditures
Less: Sales
Nondefense
Durable goods'
Gross consumption expenditures
Less: Sales
Nondurable goods
Commodity Credit Corporation inventory change
Gross consumption expenditures
Less: Sales
Other
Gross consumption expenditures
Less: Sales
Services
Gross consumption expenditures
Less: Sales
State and local
Durable goods'
Gross consumption expenditures
Less: Sales
Nondurable goods '.
Gross consumption expenditures
Less: Sales
Services
Gross consumption expenditures
Less: Sales
Tuition and related educational charges
Health and hospital charges
Other sales
1999
1998
1,261.4
453.1
299.7
21.1
21.1
..
.1
6.9
6.9
.0
271.7
272.8
1.1
153.4
-.4
1.6
2.0
8.1
.1
.6
.5
8.0
...
8.1
.2
145.6
147.6
2.0
808.3
14.8
16.1
1.2
83.4
96.1
12.7
710.1
890.5
180.4
38.1
95.7
46.6
2000
2001
1,336.3
1,431.2
1,522.2
471.6
312.0
22.4
22.5
.0
8.1
8.1
•0
493.3
528.4
344.5
24.2
24.2
.1
10.5
281.5
282.4
.9
288.5
159.6
1.0
1.5
.5
6.3
.2
1.6
1.4
6.1
6.3
.2
152.3
154.3
2.0
864.7
15.9
17.3
1.3
94.0
107.6
13.5
754.7
945.1
190.5
41.1
100.1
49.3
321.4
22.5
22.6
.1
10.4
10.4
.0
289.8
1.3
171.9
1.2
1.5
.3
6.4
.8
4.3
3.6
5.6
6.9
1.3
164.4
167.0
2.6
937.9
17.1
18.5
1.4
114.0
128.3
14.4
806.8
1,012.6
205.7
44.1
107.1
54.6
10.5
.0
309.8
311.2
1.4
184.0
1.3
1.7
.4
8.7
.8
4.3
3.5
7.9
8.1
.3
174.0
177.2
3.2
993.7
18.3
19.8
1.5
118.7
134.0
15.3
856.7
1,076.0
219.2
46.7
115.8
56.8
1. Consumption expenditures for durable goods excludes expenditures classified as investment, except for goods transferred to foreign
countries by the Federal Government.
64
Government Current Receipts and Expenditures
August 2 0 0 2
Table 3.10. National Defense Consumption Expenditures and Gross Investment
[Billions of dollars]
Seasonally adjusted at annual rates
1999
Line
National defense consumption expenditures and gross
investment1
Consumption expenditures
Durable goods2
Aircraft
Missiles
Ships
Vehicles
Electronics
Other durable goods
Nondurable goods
Petroleum products
Ammunition
Other nondurable goods
Services
Compensation of general government employees, except
own-account investment •'
Military
Civilian
Consumption of general government fixed capital 4
Other services
Research and development
Installation support
Weapons support
Personnel support
Transportation of material
Travel of persons
Other
Gross investment
Structures
Equipment and software
Aircraft
Missiles
Ships
Vehicles
Electronics and software
Other equipment
Addendum:
Compensation of general government employees
349.1
299.7
21.1
10.0
2.3
.9
1.0
2.3
4.6
6.9
2.1
1.8
3.1
271.7
131.2
83.5
47.7
62.3
78.2
20.2
23.1
8.7
19.6
4.6
3.7
-1.7
49.4
5.4
44.0
5.6
3.3
6.4
1.5
13.4
13.8
131.7
2000
2001
1998
1999
399.9
354.7
354.0
312.0
321.4
344.5
305.0
306.9
22.4
10.6
2.2
1.2
.8
2.7
5.0
8.1
2.6
1.8
3.7
22.5
10.2
2.3
1.3
.8
2.9
5.0
10.4
24.2
11.2
2.5
1.2
1.0
3.0
5.3
21.5
11.0
2.1
.9
6.8
1.8
281.5
288.5
10.5
4.0
2.1
4.4
309.8
20.0
9.6
2.1
1.0
.8
2.3
4.1
6.3
1.5
1.6
3.1
280.7
133.1
85.2
138.3
89.3
48.9
63.6
86.7
22.5
23.4
10.0
23.6
4.8
4.2
364.3
47.9
62.5
85.9
23.0
23.4
9.4
22.9
4.8
4.1
-1.7
52.3
5.3
47.0
6.9
2.7
6.8
1.7
4.1
1.7
4.6
-1.9
53.5
5.3
48.2
7.7
2.5
6.6
1.8
143.7
94.1
49.6
63.5
102.5
29.6
25.5
12.2
28.0
4.9
4.2
-2.0
55.5
5.4
50.0
8.3
3.3
7.2
1.8
13.7
.9
2.3
4.4
1.9
3.1
276.7
133.0
84.7
48.3
62.3
77.4
17.4
22.5
8.5
21.3
5.2
4.1
-1.5
52.1
133.6
133.6
23.1
22.7
9.9
20.6
4.5
3.9
-1.0
49.7
5.1
44.5
7.2
2.9
6.9
1.4
14.9
14.7
14.7
15.7
13.3
12.9
133.6
138.8
144.3
131.2
1. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
2. Consumption expenditures for durable goods excludes expenditures classified as investment, except for goods transferred to foreign countries.
3. Compensation of government employees engaged in new own-account investment and related expenditures for goods
10.9
2.1
1.3
.9
2.7
4.9
7.5
2.4
1.7
3.4
272.7
133.3
85.1
48.2
62.2
85.2
24.4
22.8
8.5
21.6
4.7
4.0
-.8
47.1
5.5
41.6
5.9
2.7
6.8
1.4
12.3
12.4
130.7
83.2
47.6
62.2
83.8
14.2
355.1
303.0
22.8
5.5
46.7
6.7
2.6
6.6
1.8
14.6
14.3
2000
368:7
379.5
365.5
379.1
375.0
313.4
324.8
311.9
325.8
321.3
24.5
11.6
2.2
1.4
.8
3.0
5.5
10.0
3.8
2.3
3.9
278.9
22.4
10.1
2.2
1.2
.9
2.7
5.3
8.6
2.6
1.8
4.3
293.8
22.7
10.6
2.1
1.3
.6
3.0
5.0
10.7
3.8
1.6
5.4
278.5
22.6
9.8
2.4
1.4
.9
3.0
5.1
10.6
3.6
1.5
5.5
292.6
22.7
10.5
2.3
1.3
.8
2.7
5.0
10.1
4.5
2.0
3.6
10.0
4.3
288.6
133.7
85.4
48.3
62.6
82.5
132.3
85.5
46.8
63.0
98.5
28.5
25.1
11.7
26.0
4.7
137.7
88.3
49.4
63.4
77.4
20.5
22.3
7.5
21.3
4.8
138.5
88.3
50.2
63.5
138.8
90.2
48.6
63.7
90:6
23.5
4.1
-1.7
54.7
5.1
-3.1
53.6
5.0
24.1
10.2
25.1
4.8
4.2
-1.3
53.3
5.4
49.6
6.5
3.0
48.6
9.1
2.1
47.9
6.7
2.2
86.1
19.5
24.2
10.8
24.7
4.9
4.2
-2.1
53.7
5.8
47.9
6.1
21.6
23.0
9.0
22.8
4.6
4.1
-2.7
55.4
5.2
50.2
8.7
2.7
6.5
4.1
14.7
6.8
2.0
15.0
15.7
14.8
16.3
7.8
1.9
6.7
1.8
14.6
14.8
15.3
134.3
132.8
138.2
139.0
1.5
15.1
7.1
2.0
1.8
2002
2001
391.4
395.2
338.4
340.0
24.2
10.8
2.6
1.3
1.0
2.9
5.5
10.7
4.1
294.3
22.3
10.0
2.7
1.2
.9
2.9
4.6
9.6
4.0
1.9
3.6
306.5
2.1
4.5
305.2
138.1
143.3
143.8
90.6
47.5
63.7
92.5
26.6
23.2
94.0
49.3
63.5
99.8
28.5
25.0
93.8
50.0
63.6
97.8
28.0
24.4
11.3
23.4
4.8
4.3
-1.0
53.5
5.2
48.3
7.2
3.7
6.8
1.7
12.1
28.0
4.8
4.3
-3.0
11.6
326.5
22.1
9.8
2.5
1.2
.9
3.0
4.7
1.9
3.9
52.9
5.5
47.5
7.5
3.6
7.2
1.7
15.0
15.3
13.7
13.7
13.7
139.3
138.7
143.8
26.1
4.8
4.2
400.3
343.4
26.1
12.5
2.5
1.3
1.1
3.1
5.6
10.5
4.3
2.2
4.0
306.7
412.8
356.0
431.7
441.9
372.1
382.4
24.0
11.4
2.1
1.1
1.0
3.1
5.3
24.7
11.1
2.6
1.3
1.0
3.1
5.6
11.3
3.6
10.9
3.8
2.4
4.7
24.7
11.2
2.3
1.3
1.1
3.2
5.5
11.7
4.3
2.6
4.8
346.0
2.1
5.6
320.7
336.5
143.9
94.8
152.7
101.2.
51.4
99.3
27.4
25.6
49.1
63.6
113.2
34.6
27.0
11.0
27.8
5.0
4.3
14.0
30.2
5.1
4.3
-1.9
56.8
5.7
51.1
143.9
93.8
50.1
63.5
-1.4
-1.7
55.2
5.5
49.7
56.9
5.0
8.0
3.5
7.4
1.9
13.0
9.8
3.0
6.9
1.7
13.7
8.0
3.0
7.3
2.0
14.3
15.9
16.8
144.3
144.4
51.9
63.8
120.0
37.5
27.2
16.0
32.2
4.8
4.0
-1.7
59.7
154.3
102.2
52.1
64.0
127.8
41.1
27.6
18.0
34.2
4.9
4.0
-2.1
16.4
2.1
14.9
17.2
59.5
5.1
54.4
9.0
3.3
8.5
2.8
14.7
16.2
144.6
153.6
155.2
5.1
54.6
8.6
3.6
8.1
and services are classified as investment in structures and in software. The compensation of all general government
employees is shown in the addendum.
4. Consumption of fixed capital, or depreciation, is included in government consumption expenditures as a partial
measure of the value of the services of general government fixed assets; use of depreciation assumes a zero net return on
these assets.
August 2002
65
SURVEY OF CURRENT BUSINESS
Table 3.11. Real National Defense Consumption Expenditures and Gross Investment
[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates
Line
National defense consumption expenditures and gross
investment1
Consumption expenditures
Durable goods2
Aircraft
Missiles
Ships
Vehicles
Electronics
Other durable goods
Nondurable goods
Petroleum products
Ammunition
Other nondurable goods
Services
Compensation of general government employees, except
own-account investment3
Military
Civilian
Consumption of general government fixed capital 4
Other services
,
Research and development
Installation support
Weapons support
;
Personnel support
pp
Tra
Transportation of mate
material
Travel of ppersons
Other
O
G ross investment
Structures
Equipment and software
Aircraft
Missiles
Ships
Vehicles
Electronics and software
Other equipment
Residual ..
Addendum:
Compensation of general government employees3
1998
1999
2000
341.6
348.8
295.3
22.7
10.8
2.2
1.2
.7
2.9
5.0
8.9
3.3
1.9
3.6
264.0
22.7
10.2
2.4
1.3
.6
3.3
5.0
9.4
3.1
1.8
4.4
262.4
124.3
80.1
44.2
62.4
74.8
120.9
120.5
78.7
42.3
62.4
80.8
79.4
41.2
62.5
19.3
22.4
8.3
21.7
22.3
8.8
20.6
4.8
4.0
20.8
22.1
290.6
21.3
10.2
2.3
.9
.9
2.5
4.6
8.0
3.0
1.9
3.0
261.4
18.1
4.6
3.6
-1.5
51.0
5.1
45.9
6.2
3.4
6.4
1.5
14.6
-1.5
53.7
4.8
49.0
7.1
13.8
-.2
2.9
6.8
1.7
15.8
14.7
-.7
124.7
121.4
1998
348.7
366.0
345.8
341.2
341.0
294.1
308.9
24.3
294.2
292.7
287.7
21.8
11.2
2.1
20.2
9.8
2.1
1.1
.7
2.5
4.1
7.6
2.7
1.7
3.1
264.7
23.1
11.2
2.1
1.3
.7
3.0
4.9
8.6
3.4
1.8
3.4
256.4
121.7
78.6
43.1
62.4
80.7
23.2
21.9
7.9
19.7
4.8
3.8
120.9
78.3
42.7
62.4
-1.0
15.5
-.7
122.7
79.4
43.4
62.4
79.4
22.1
21.8
9.4
18.8
4.5
3.7
-.9
51.6
4.8
47.0
8.1
3.1
6.9
1.4
14.7
12.8
-.2
120.9
121.7
123.1
122.0
11.2
2.5
1.2
.8
3.4
5.2
9.9
3.4
2.1
4.2
275.1
121.2
80.7
40.7
62.4
4.1
-1.7
91.7
26.9
23.4
10.7
23.4
4.6
4.1
-1.7
54.8
4.6
57.3
4.6
50.4
8.3
2.6
6.5
53.0
9.6
3.5
7.1
79.6
9.0
20.5
4.6
1.9
1.9
16.6
14.6
15.3
.9
.8
2.4
4.4
8.0
2.7
2.0
3.1
264.4
_-i
48.4
5.1
43.3
6.0
2.8
6.9
1.5
13.7
12.3
.4
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar 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 lir>s and the sum of the most detailed lines, excluding the line in the addendum.
2000
1999
2001
73.1
16.5
21.6
7.9
19.3
5.2
4.0
-1.4
53.5
5.0
48.6
6.8
2.8
6.7
1.8
16.3
352.4
295.9
24.9
353.4
299.0
22.8
9.9
2.4
1.4
.7
3.4
341.3
286.8
22.8
10.7
2.1
261.0
360.8
305.0
22.6
10.3
2.2
1.2
.7
3.0
5.3
8.6
2.5
1.8
4.2
274.0
1.6
5.2
254.4
1.6
5.3
266.5
121.4
119.8
120.7
79.0
42.4
62.5
77.3
20.4
78.8
41.0
62.5
120.1
78.7
11.8
2.3
1.4
.7
3.3
5.6
10.7
4.5
2.3
3.8
21.8
8.4
20.5
4.6
4.0
-2.4
56.9
4.7
52.4
91.9
26.7
23.9
10.7
23.1
4.7
4.1
-1.5
56.0
4.6
8.9
2.9
6.6
1.5
51.7
6.6
3.2
7.1
2.0
16.8
15.7
16.6
16.3
14.3
-1.0
-1.6
121.4
121.8
1.4
.5
3.3
5.0
10.1
3.1
41.5
62.5
71.8
19.1
21.2
6.9
18.7
4.7
4.0
-2.8
54.9
4.4
50.8
9.6
2.2
6.0
1.8
16.5
14.8
5.1
10.0
3.1
78.7
42.1
62.5
83.4
21.8
22.8
2001
347.9
293.3
22.8
10.5
2.3
1.4
.6
3.0
5.0
9.0
3.3
2.1
3.5
261.8
120.7
79.8
41.0
62.5
78.7
18.0
22.8
9.7
21.3
4.6
9.3
21.8
4.6
4.0
-1.2
54.7
4.7
55.0
5.0
50.1
7.2
2.3
6.7
2.0
50.1
8.5
2.0
6.6
1.9
16.7
16.3
14.8
121.2
-.8
-1.4
15.2
-.7
120.2
120.5
121.2
4.1
-1.9
351.9
297.4
22.2
9.8
2.6
1.2
.7
3.4
4.7
8.4
2.8
1.9
3.7
267.0
120.4
80.2
40.3
62.5
84.3
24.4
21.8
10.1
20.0
4.5
4.2
-.9
54.8
4.5
50.6
7.9
3.9
6.7
1.7
17.0
13.5
-1.2
120.9
359.0
304.5
22.5
10.1
2.8
1.2
.7
3.3
4.6
8.6
3.1
1.9
3.5
273.5
121.4
80.8
40.7
62.4
89.9
26.0
23.1
10.8
23.6
4.5
4.1
-2.5
54.6
4.7
50.1
8.5
3.8
7.1
1.8
15.3
24.3
365.5
307.2
26.3
10.9
2.7
1.3
.7
3.3
5.5
9.8
3.3
2.2
4.3
271.1
12.6
2.5
1.3
.8
3.6
5.6
9.8
3.6
2.2
3.9
271.7
121.2
80.4
121.0
80.2
41.0
62.4
88.5
24.8
23.4
361.4
304.9
40.9
62.4
87.8
25.5
22.5
10.3
21.9
4.5
4.0
-1.2
56.8
4.6
52.4
9.1
3.7
7.3
2.0
14.5
13.5
-.4
15.6
121.8
121.6
Chain-type indexes for the series in this table are shown in table 7.12.
See footnotes to table 3.10.
2002
9.7
23.1
4.6
4.1
-1.4
58.7
4.2
54.9
11.3
3.2
6.8
1.8
378.0
319.1
24.2
11.5
2.1
1.1
.8
3.6
5.3
11.3
3.7
2.2
5.3
284.0
121.3
81.4
40.0
62.4
100.6
31.2
24.7
12.2
24.8
4.7
4.2
-1.5
59.0
4.7
54.6
9.6
3.2
7.3
388.5
396.0
326.7
334.0
24.8
11.1
2.6
1.3
.8
3.6
5.6
11.5
4.6
2.5
4.4
24.8
11.1
2.3
1.3
.9
3.7
5.5
11.7
4.4
2.7
4.5
290.7
297.9
122.4
83.0
39.6
62.4
123.3
83.9
106.2
33.7
24.8
13.9
26.3
4.5
3.8
-1.4
62.2
4.2
58.5
10.4
3.9
39.7
62.5
112.4
36.9
25.0
15.7
27.6
4.5
3.8
-1.7
62.3
4.2
58.5
10.8
3.6
8.4
-1.7
16.1
-.8
8.1
2.2
16.9
17.0
-1.3
15.9
-1.0
121.4
121.8
123.1
124.0
2.1
15.4
16.1
16.5
2.9
16.9
66
Government Current Receipts and Expenditures
Table 3.12. Government Transfer Payments
to Persons
Table 3.13. Subsidies Less Current Surplus of Government
Enterprises
[Billions of dollars]
[Billions of dollars]
Line
Government transfer payments to persons
Federal
Benefits from social insurance funds
Old-age, survivors, and disability insurance
Hospital and supplementary medical insurance
Unemployment insurance
State
Railroad employees
Federal employees
Special unemployment benefits
Railroad retirement
Pension benefit guaranty
Veterans life insurance
Workers'compensation
Military medical insurance>
Veterans benefits
Pension and disability
Readjustment
Other2
Food stamp benefits
Black lung benefits
Supplemental security income
Direct relief
Earned income credit
Other3
State and local
Benefits from social insurance funds
Temporary disability insurance
Workers'compensation
Public assistance
Medical care
Medicaid
Other medical care 4
Family assistances
Supplemental security income
General assistance
Energy assistance
Other6
Education
Employment and training
Other
1998
955.0
719.7
612.0
369.3
208.8
19.7
19.2
.1
.4
8.2
.9
1.9
2.0
1.1
21.3
20.0
1.2
16.5
1.0
26.4
23.2
19.3
235.3
10.4
2.1
8.3
212.1
175.0
170.0
5.0
17.0
3.9
3.5
1.3
11.4
9.8
1.1
1.8
1999
987.2
734.4
622.7
379.9
208.1
20.5
20.0
.1
.4
2000
2001
1,037.3
765.9
652.2
401.4
1,137.0
832.6
711.0
425.2
215.8
20.7
20.2
.1
.4
239.1
32.1
31.6
.1
.5
8.2
1.1
1.8
2.0
1.1
22.2
20.9
1.3
8.3
1.0
1.7
2.2
1.1
23.2
21.9
1.3
1.2
1.7
2.2
1.1
24.8
23.3
1.5
15.5
1.0
26.8
14.9
.9
27.3
.9
28.7
26.2
20.0
252.7
10.6
2.2
8.4
228.6
27.0
20.4
271.3
189.7
184.6
5.1
17.7
4.2
3.6
1.4
11.9
10.5
1.0
2.0
11.0
2.3
8.6
245.7
205.4
199.6
5.8
18.3
4.4
3.7
1.7
12.3
11.3
1.2
2.2
16.0
26.7
24.5
304.4
11.3
2.4
8.9
277.3
234.7
227.3
7.4
19.2
4.5
3.3
2.5
Line
Subsidies less current surplus of government
enterprises
Federal
Subsidies
Agricultural
Housing
Maritime
Air carriers
Other1
:
Less: Current surplus of government enterprises
Postal Service
Federal Housing Administration
Tennessee Valley Authority
Other ^
„
:.
State and local
Subsidies
Less: Current surplus of government enterprises
Water and sewerage
Gas and electricity
Toll facilities
Liquor stores
Air and water terminals
Housing and urban renewal
Public transit
Other*
1998
1999
23.5
33.4
35.0
12.4
21.6
.1
.0
32.5
43.0
43.6
21.5
21.0
.0
.0
1.0
1.6
-4.3
2.8
2.8
.2
1.1
.6
-4.5
3.1
-9.9
.4
10.3
5.9
7.3
2.1
-10.5
.4
2.9
-.9
2000
2001
34.1
47.3
43.8
43.7
50.3
47.5
20.7
20.5
.2
5.0
1.0
-2.8
-6.5
2.8
3.0
-2.1
-3.1
7.8
22.9
19.8
.1
.0
1.0
-.1
-5.2
2.9
2.6
-.4
-9.7
.4
10.2
6.7
8.7
2.6
.8
2.7
-7.5
10.9
7.0
9.4
2.8
.9
2.6
-7.4
2.A
-6.0
-14.9
10.9
6.6
8.0
2.5
.8
2.6
-6.2
-16.0
-16.9
-17.7
12.6
12.8
13.0
13.4
1. Consists largely of subsidies to railroads and mass transit systems.
2. Consists largely of the Bonneville Power Administration, other electric power agencies, and insurance
agencies other than those insuring deposits in financial institutions.
3. Consists of lotteries, off-track betting, local parking, and miscellaneous activities.
13.1
12.2
1.4
2.2
1. Consists of payments for medical services for dependents of active duty military personnel at nonmilitary
facilities.
2. Consists of mustering out pay, terminal leave pay, and adjusted compensation benefits.
3. Consists largely of payments to nonprofit institutions, aid to students, and payments for medical services
for retired military personnel and their dependents at nonmilitary facilities.
4. Consists of general medical assistance and State child health care programs.
5.. Consists of aid to families with dependent children and, beginning with 1996, assistance
assist
programs operating
ting under
der th
the Personal Responsibilit
Responsibility and Work Opportunit
Opportunity R
Reconciliation
o n c i l a t i o n Act of 1996.
1996
6. Consists of expenditures for food under the supplemental program for women, iinfants, and children;
oster care; adoption assistance; and payments to nonprofit welfare institutions.
7. Consists largely of veterans benefits, Alaska dividends,, and crime-victim ppayments.
August 2 0 0 2
Table 3.14. Social Insurance Funds Current Receipts and
Expenditures
[Billions of dollars]
Line 1998 1999 2000 2001
Federal
728.4
650.7
335.7
315.0
815.0
Current receipts
Contributions for social insurance
Personal contributions
Employer contributions
Government
Other
Interest received
Current expenditures
Administrative expenses (consumption expenditures)..
Transfer payments to persons
Current surplus or deficit (-)
State and local
679.6
621.7
9.7
612.0
58.0
632.5
Current receipts
Contributions for social insurance
Personal contributions
Employer contributions
Government
Other
Interest received
Current expenditures
Administrative expenses (consumption expenditures)..
Transfer payments to persons
Current surplus or deficit (-)
14.0
14.4
9.7
1.7
8.0
2.4
5.6
4.7
14.0
13.5
2.9
10.6
13.9
2.9
14.2
9.2
2.0
7.2
2.4
4.9
5.0
14.3
3.0
11.0
.1
11.3
-.1
613.1
314.8
298.4
12.8
285.6
66.5
10.1
1.6
8.6
2.5
6.1
3.9
13.4
3.0
10.4
.6
13.2
301.8
77.7
95.9
.9
780.5
692.1
356.5
335.6
14.0
321.6
10.0
652.2
118.3
9.2
1.9
7.3
2.3
5.0
4.8
716.9
370.3
346.6
15.0
331.6
98.1
721.8
10.7
711.0
93.3
NOTE. In this table, interest received is included in current receipts; in tables 3.1, 3.2, 3.3, 3.16, 3.18, 3.19,
9.3, and 9.4, interest received is netted against current expenditures.
August 2002
67
SURVEY OF CURRENT BUSINESS
4. Foreign T r a n s a c t i o n s .
Table 4.1. Foreign Transactions in the National Income and Product Accounts
[Billions of dollars]
Seasonally adjusted at annual rates
Line
Receipts from the rest of the world
Exports of goods and services
Goods'
Durable
Nondurable
Services1
,
Income receipts
Payments to the rest of the world ..
Imports of goods and services
Goods'
.
Durable
Nondurable
Services'
Income payments
Transfer payments (net)
From persons (net)
From government (net)
From business
Net foreign investment
2000
1999
2002
2001
1998
1999
2000
2001
1998
1,251.1
1,306.2
1,484.5
1,351.1
1,262.4
1,250.6
1,275.5
1,321.6
1,377.1
1,421.1
1,488.5
1,514.4
1,514.2
1,464.3
1,392.2
1,307.8
1,240.0
1,242.2
964,9
681.3
487.3
194.0
283.6
989.3
697.3
503.4
193.9
292.0
1,101.1
785.0
569.7
215.4
316.1
1,034.1
733.5
522.4
211.2
300.6
979.7
692.0
498.2
193.7
287.7
959.2
673.3
487.3
186.0
285.9
970.2
680.4
490.5
189.9
289.8
996.8
703.1
507.5
195.6
293.7
1,031.2
732.5
528.4
204.1
298.7
1,055.9
746.9
540.6
206.4
308.9
1,098.0
778.4
567.9
210.5
319.6
1,130.9
814.5
591.2
223.4
316.4
1,119.8
800.3
579.0
221.3
319.5
1,100.0
787.3
568.4
218.9
312.7
1,059.7
750.6
536.4
214.2
309.1
1,005.8
708.5
502.8
205.7
297.3
971.1
687.7
481.8
205.8
283.4
977.5
679.8
477.2
202.6
297.7
286.1
316.9
383.4
316.9
282.7
291.4
305.3
324.7
345.9
365.2
390.5
383.5
394.4
364.2
332.5
302.0
269.0
264.7
1,251.1
1,306.2
1,484.5
1,351.1
1,262.4
1,250.6
1,275.5
1,321.6
1,377.1
1,421.1
1,488.5
1,514.4
1,514.2
1,464.3
1,392.2
1,307.8
1,240.0
1,242.2
1,116.7
930.0
637.0
293.0
186.7
1,239.2
1,045.3
714.6
330.7
193.9
1,466.6
1,243.1
820.6
422.5
223.5
1,383.0
1,167.2
754.4
412.8
215.8
1,143.8
952.8
661.0
291.8
191.0
1,155.6
969.5
675.5
294.0
186.1
1,212.0
1,021.0
702.0
319.0
190.9
1,271.4
1,074.3
728.1
346.2
197.1
1,317.9
1,116.5
752.9
363.6
201.4
1,386.5
1,172.4
785.2
387.1
214.1
1,451.1
1,231.6
818.4
413.3
219.5
1,515.8
1,285.7
843.0
442.7
230.1
1,513.0
1,282.6
835.7
446.9
230.4
1,472.8
1,240.1
801.0
439.1
232.7
1,425.3
1,189.9
761.5
428.3
235.5
1,318.4
1,140.6
734.2
406.3
177.8
1,315.6
1,098.3
721.0
377.3
217.3
1,337.5
1,102.3
732.4
369.9
235.2
289.6
294.1
360.0
295.0
291.8
271.4
281.1
307.6
316.3
344.2
364.7
365.8
365.2
354.3
301.4
290.5
233.7
262.8
44.5
24.3
11.0
9.2
48.9
27.3
11.4
10.2
53.7
29.5
13.6
10.6
49.8
31.1
9.6
9.1
54.7
25.8
19.2
9.7
44.5
26.3
8.3
9.9
27.2
9.9
9.6
46.7
27.6
8.6
10.5
57.6
28.2
18.7
10.8
47.2
28.2
8.6
10.5
49.6
29.0
9.5
11.1
52.0
30.0
11.6
10.4
30.9
24.5
10.5
46.7
30.9
6.4
9.4
48.0
30.9
7.7
9.3
49.7
31.8
8.9
9.0
54.6
30.6
15.3
63.5
31.5
22.8
9.2
-199.7
-276.0
-395.8
-376.7
-228.0
-221.0
-264.2
-304.2
-356.9
-377.1
-430.0
-409.5
-382.5
-350.8
-363.9
I
1,011.3
707.9
498.5
209.4
303.4
1,444.1
1,204.1
783.4
420.7
240.0
49.1
31.7
8.3
9.0
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are
included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services.
Table 4.2. Real Exports and Imports of Goods and Services and Receipts and Payments of Income
[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
1999
1998
IV
II
III
IV
I
II
1,018.1
733.7
523.6
210.0
284.6
294.2
2002
2001
2000
I
III
IV
I
II
III
IV
II
1,002.4
722.9
513.7
209.2
279.8
279.3
1,036.3
750.0
537.5
212.4
286.8
304.4
1,137.2
834.7
607.8
226.7
304.1
359.0
1,076.1
785.2
558.3
226.7
292.0
292.0
1,025.6
742.8
529.3
213.4
283.3
274.8
1,007.5
725.4
519.1
206.2
282.3
282.2
1,044.1
756.8
543.3
213.4
287.9
311.4
1,075.6
784.2
564.2
219.9
292.4
329.9
1,095.8
797.1
577.7
219.2
299.6
344.6
1,133.9
827.4
606.4
220.9
307.6
366.7
1,165.5
865.0
629.7
235.2
303.0
358.1
1,153.7
849.2
617.5
231.6
306.3
366.6
1,135.8
836.0
605.6
230.2
301.6
336.4
1,098.8
800.1
572.0
227.8
299.7
306.0
1,048.0
760.0
538.1
221.6
288.7
278.1
1,021.8
744.6
517.3
227.1
278.2
247.4
1,030.6
738.1
512.3
225.7
292.2
242.8
1,059.5
764.7
535.6
228.8
295.1
Income receipts
1
2
3
4
5
6
Imports of goods and services
Goods'
Durable
Nondurable
Services'
7
8
9
10
11
1,223.5
1,031.4
701.2
330.4
192.2
1,356.8
1,157.5
801.7
356.2
200.3
1,536.0 1,492.0
1,313.7 1,270.5
924.1
865.6
391.6
402.3
223.6
222.4
1,264.8
1,070.6
735.6
335.0
194.6
1,290.7 1,337.7 1,383.7
1,096.7 1,140.7 1,182.3
752.2
787.3
819.4
344.5
363.1
353.4
194.7
197.9
202.6
1,415.2
1,210.2
847.8
363.6
206.1
1,464.6 1,528.5
1,249.6 1,308.8
919.3
881.6
391.2
370.1
221.0
216.0
1,578.6
1,351.1
949.1
404.0
228.9
1,572.2
1,345.1
946.4
401.1
228.6
1,540.3
1,313.1
908.4
404.3
228.8
1,513.6
1,281.1
869.8
408.0
233.5
1,467.0
1,249.2
845.9
399.9
218.6
1,447.2
1,238.7
838.2
397.1
208.9
1,477.1
1,250.0
856.0
391.5
225.5
1,557.1
1,331.9
914.8
414.8
225.6
Income payments
12
279.8
279.6
269.2
280.7
291.8
298.6
338.8
337.9
335.9
324.2
274.8
264.9
213.1
239.2
Exports of goods and services
Goods1
Durable
.
Nondurable
Services'
. .
333.6
260.0
267.9
1. Exports and imports of certain goods,
are included in services. Beginning with 1 i, repairs and alterations of equipment are reclassified from goods to services.
321.8
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar 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.
Chain-type quantity indexes for the series in this table are shown in table 7.9.
Foreign Transactions
68
August 2 0 0 2
Table 4.3. Exports and Imports of Goods and Services by Type of Product
[Billions of dollars]
Seasonally adjusted at annual rates
Line
Exports of goods and services
Exports of goods'
Foods, feeds, and beverages
Industrial supplies and materials
Durable goods
Nondurable goods
Capital goods, except automotive
Civilian aircraft, engines, and parts
Computers, peripherals, and parts
Other
Automotive vehicles, engines, and
parts
Consumer goods, except automotive
Durable goods
Nondurable goods
Other
..
Exports of services'
Transfers under U.S. military agency
sales contracts
Travel
Passenger fares
Other transportation
Royalties and license fees
Other private services
Other
Imports of goods and services
Imports of goods1
Foods, feeds, and beverages
Industrial supplies and materials,
except petroleum and products
Durable goods
Nondurable goods
Petroleum and products
Capital goods, except automotive
Civilian aircraft, engines, and parts
Computers, peripherals, and parts
Other
Automotive vehicles, engines, and
parts
Consumer goods, except automotive
Durable goods
Nondurable goods
Other
Imports of services'
Direct defense expenditures
Travel
Passenger fares
Other transportation
Royalties and license fees
Other private services
Other
Addenda:
Exports of agricultural goods2
Exports of nonagricultural goods
Imports of nonpetroleum goods
964.9
989.3
979.7
959.2
996.8
1,031.2
971.1
977.5
1,011.3
681.3
697.3
785.0
733.5
692.0
673.3
680.4
703.1
732.5
746.9
778.4
814.5
800.3
787.3
750.6
708.5
687.7
679.8
707.9
46.4
142.8
53.7
89.1
299.9
53.5
45.2
201.1
46.0
142.4
54.3
88.1
311.2
52.9
46.7
211.6
47.9
166.6
46.8
139.0
52.6
86.3
307.6
61.8
45.7
200.0
43.8
134.0
51.9
82.0
302.0
56.7
44.7
200.6
45.8
138.0
53.0
85.0
301.2
49.9
46.4
204.9
47.9
143.3
54.2
89.1
315.4
52.5
47.5
215.4
46.4
154.3
57.9
96.3
326.5
52.6
48.4
225.5
46.6
159.7
61.9
97.8
328.1
43.9
50.9
233.2
47.8
163.6
63.7
99.8
356.9
51.8
55.3
249.9
49.5
171.8
64.4
107.4
376.2
47.6
171.4
63.6
103.0
357.0
48.1
55.5
253.4
49.4
155.3
57.1
98.2
321.7
52.6
47.6
221.6
49.1
58.7
268.4
64.4
107.0
366.8
47.6
57.2
262.0
49.9
164.7
61.5
103.2
362.7
55.5
55.7
251.4
49.3
158.5
58.0
100.5
330.9
54.3
48.3
228.4
48.8
150.8
55.2
95.6
304.6
52.6
44.4
207.6
49.7
147.2
53.6
93.6
288.7
48.1
41.8
198.9
49.7
144.9
53.5
91.3
284.4
49.4
39.0
196.0
47.6
155.5
57.1
98.4
291.8
49.2
38.4
204.3
72.4
80.3
41.6
38.7
39.5
75.3
80.9
41.9
39.1
41.6
80.4
89.4
46.8
42.6
43.8
75.4
88.3
46.5
41.9
43.3
74.3
80.4
41.7
38.7
43.9
73.2
78.8
39.4
39.4
41.5
74.7
79.4
41.0
38.4
41.3
75.9
81.0
42.2
38.9
39.6
77.2
84.4
44.9
39.5
43.8
82.8
87.3
46.6
40.7
42.4
80.6
88.6
46.2
42.4
40.9
80.0
92.0
48.0
44.0
45.0
78.0
89.6
46.3
43.3
47.0
73.2
92.2
48.7
43.5
44.6
77.1
91.1
48.5
42.6
43.8
77.1
85.5
45.0
40.6
41.6
74.3
84.5
43.6
40.9
43.3
73.8
82.2
43.1
39.2
81.2
83.5
44.2
39.3
48.2
283.6
292.0
316.1
300.6
287.7
285.9
289.8
293.7
298.7
308.9
319.6
316.4
319.5
312.7
309.1
297.3
283.4
297.7
303.4
16.5
71.3
20.1
25.6
35.6
91.3
23.2
14.8
74.7
19.8
26.9
36.9
98.2
20.7
12.8
82.3
20.8
30.1
39.6
104.7
25.9
11.2
73.1
18.0
28.3
38.7
108.1
23.2
16.1
71.7
19.5
26.4
38.1
93.1
22.8
16.0
72.4
19.4
25.9
36.7
94.5
21.0
17.1
73.4
19.5
26.7
36.3
96.6
20.2
14.4
75.2
20.4
26.8
37.1
99.2
20.5
11.8
77.9
19.9
28.3
37.4
102.2
21.1
11.5
81.8
20.1
29.3
39.0
102.7
24.5
14.0
84.0
21.4
30.4
40.0
104.0
25.9
11.8
81.2
20.9
30.5
40.0
105.4
26.6
13.7
82.0
20.8
30.4
39.4
106.8
26.5
10.0
82.9
20.0
30.0
38.9
107.0
23.9
11.8
79.2
19.4
28.7
39.0
107.7
23.3
11.3
71.4
18.1
27.9
38.1
107.5
22.9
11.6
58.9
14.5
26.7
38.7
110.2
22.7
11.1
68.7
16.7
26.9
40.4
110.5
23.5
11.3
69.4
16.7
27.4
40.5
113.6
24.5
1,101.1 1,034.1
1998
2001
2002
1,055.9 1,098.0 1,130.9 1,119.8 1,100.0 1,059.7 1,005.8
1,116.7
1,239.2
1,466.6
1,383.0
1,143.8
1,155.6
1,212.0
1,271.4
1,317.9
1,386.5
1,451.1
1,515.8
1,513.0 1,472.8 1,425.3 1,318.4 1,315.6 1,337.5 1,444.1
930.0
1,045.3
1,243.1
1,167.2
952.8
969.5
1,021.0
1,074.3
1,116.5
1,172.4
1,231.6
1,285.7
1,282.6 1,240.1 1,189.9 1,140.6 1,098.3 1,102.3 1,204.1
41.2
43.6
46.0
46.6
41.4
42.3
43.9
43.7
44.5
45.0
46.0
46.6
46.2
45.9
45.9
47.7
47.1
47.5
49.8
142.5
75.8
66.7
50.6
172.8
88.4
84.4
120.2
164.8
80.0
84.8
159.1
84.2
74.9
85.7
164.4
89.0
75.4
298.0
31.4
74.0
192.6
278.9
22.4
78.4
178.2
143.2
76.8
66.5
63.7
291.6
23.0
81.8
186.7
150.5
79.0
71.5
79.6
347.0
26.4
89.8
230.9
141.2
75.9
65.3
45.8
273.5
24.2
74.5
174.8
138.6
75.0
63.6
42.1
269.4
21.8
72.5
175.2
147.9
78.8
69.1
67.8
295.7
23.8
81.5
190.5
300.8
25.6
81.7
193.5
311.5
24.0
83.9
203.5
107.8
320.8
23.3
84.2
213.3
170.1
89.3
80.8
117.9
347.4
24.9
89.8
232.6
177.0
88.6
88.5
127.9
361.6
26.7
94.8
185.6
85.6
100.0
116.7
338.5
31.1
83.6
223.8
167.9
80.1
87.8
114.2
301.5
31.1
75.2
149.0
75.9
73.1
81.0
272.3
32.5
68.5
171.3
158.6
79.1
79.5
107.2
290.1
25.7
77.1
195.2
156.7
78.3
78.4
102.5
279.7
30.8
68.7
180.3
149.5
77.5
71.9
76.7
277.4
29.0
75.6
240.1
179.7
86.9
92.8
127.1
358.4
30.6
90,2
237.6
172.7
187.3
148.7
217.1
112.9
104.2
60.3
179.0
242.0
126.5
115.6
69.4
195.9
282.0
149.6
132.4
79.2
189.8
284.5
146.7
137.8
79.9
161.9
220.9
115.7
105.2
68.0
170.3
230.1
117.7
112.4
67.2
175.2
234.6
124.0
110.5
68.8
183.5
246.6
129.9
116.7
69.6
186.9
257.0
134.4
122.6
71.8
197.0
265.6
142.6
123.0
71.8
196.1
280.3
148.6
131.7
73.8
198.1
287.4
151.3
136.2
87.0
192.3
294.7
156.0
138.7
84.2
188.3
290.2
151.1
139.1
75.0
191.5
287.3
147.6
139.7
81.7
191.8
281.9
144.3
137.6
80.3
187.5
278.6
143.9
134.8
82.8
190.4
285.4
149.4
136.0
75.4
208.0
307.2
164.6
142.7
83.1
186.7
193.9
223.5
215.8
191.0
186.1
190.9
197.1
201.4
214.1
219.5
230.1
230.4
232.7
235.5
177.8
217.3
235.2
240.0
12.2
56.5
20.0
30.4
11.2
49.3
7.1
13.3
58.9
21.3
34.1
12.6
46.3
7.3
13.6
64.8
24.3
41.6
16.1
55.3
7.9
15.2
60.1
22.4
38.8
16.4
54.6
8.3
12.9
57.9
20.8
31.7
12.0
48.3
7.3
12.7
57.3
20.7
31.1
11.8
45.2
7.1
13.2
58.2
21.0
32.7
12.4
46.2
7.1
14.2
59.1
21.4
35.8
12.7
46.4
7.6
13.1
60.9
22.2
36.9
13.5
47.4
7.4
13.0
65.6
23.2
39.1
14.5
51.0
7.7
13.5
64.5
24.6
40.7
15.1
53.3
7.8
14.2
64.3
24.9
43.5
18.2
56.9
8.1
13.5
64.8
24.5
43.1
16.6
59.8
8.1
14.2
64.0
23.2
42.1
16.4
64.6
8.2
14.0
66.8
24.9
40.5
16.2
64.8
8.3
15.1
57.9
23.8
36.7
16.5
19.5
17.4
51.8
17.8
36.0
16.4
69.5
17.4
58.8
20.5
36.1
18.9
74.9
8.6
17.9
59.6
20.4
37.8
17.9
77.9
8.6
53.2
628.2
879.3
49.7
647.7
977.6
54.9
52.8
678.6
732.2
1,122.9 1,063.6
53.4
638.6
907.0
47.3
626.0
927.4
49.3
631.1
957.3
52.2
650.9
994.7
51.7
49.9
52.3
726.0
695.3
682.6
1,030.8 1,064.5 1,113.8
54.3
760.2
1,157.8
52.9
747.4
54.6
732.7
1,123.4
54.5
696.1
1,075.7
55.1
624.7
1,155.5
53.0
654.9
1,096.8
103.6
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government,
are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services.
2000
1999
2000
2001
1999
1998
55.8
54.6
631.8
653.9
1,038.0 1,017.3
1,025.6
2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable
nonautomotive consumer goods.
August 2002
69
SURVEY OF CURRENT BUSINESS
Table 4.4. Real Exports and Imports of Goods and Services by Type of Product
[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates
Line
Exports of goods and services
Exports of goods'
Foods, feeds, and beverages
Industrial supplies and materials
Durable goods
Nondurable goods
Capital goods, except automotive
Civilian aircraft, engines, and parts
Computers, peripherals, and parts*
Other
Automotive vehicles, engines, and
parts
Consumer goods, except automotive
Durable goods
Nondurable goods
:
Other
2000
2001
1998
1,002.4
1,036.3
1,137.2
1,076.1
1,025.6
1,007.5
1,018.1
1,044.1
1,075.6
1,095.8
1,133.9
1,165.5
1,153.7
1,135.8
1,098.8
1,048.0
1,021.8
1,030.6
1,059.5
722.9
750.0
834.7
785.2
742.8
725.4
733.7
756.8
784.2
797.1
827.4
865.0
849.2
836.0
800.1
760.0
744.6
738.1
764.7
55.1
151.6
56.5
95.1
324.3
51.1
59.9
212.5
57.2
153.3
58.6
94.7
342.1
49.4
68.3
225.3
60.5
168.7
67.5
101.3
394.7
43.2
85.3
271.5
62.3
162.2
61.7
100.4
355.8
44.8
75.4
238.6
56.8
151.5
56.4
95.1
335.6
58.7
63.4
212.3
53.7
147.4
56.2
91.3
330.2
53.2
63.6
213.0
56.7
151.0
57.5
93.5
330.3
46.7
67.2
217.8
59.9
153.2
58.7
94.5
348.0
49.1
70.4
229.9
58.5
161.6
62.2
99.5
359.7
48.7
71.9
240.5
58.8
164.0
65.9
98.2
363.0
40.2
77.3
249.9
59.5
165.6
67.5
98.3
395.4
46.8
85.0
268.1
63.9
172.8
68.2
104.7
415.3
43.8
90.5
287.2
60.0
172.4
68.5
104.0
405.1
41.9
88.5
281.0
62.8
167.0
65.9
101.2
399.7
47.9
86.8
269.5
62.7
162.9
62.6
100.3
364.8
46.3
75.8
245.1
60.6
158.9
59.7
99.1
337.7
44.5
71.1
224.3
63.1
159.8
58.6
101.0
320.9
40.4
67.7
215.4
63.4
158.5
58.5
99.8
316.0
41.2
63.9
212.2
60.3
165.7
61.9
103.7
325.3
40.9
63.6
221.8
71.7
79.7
41.3
38.4
74.1
80.6
41.8
38.8
78.5
88.7
46.4
42.2
73.4
87.9
46.0
41.9
73.4
80.0
41.6
38.4
73.7
79.2
41.0
38.2
74.8
80.7
42.1
38.6
75.7
83.9
44.8
39.1
81.1
86.6
46.3
40.3
78.8
87.8
45.7
42.1
78.1
91.2
47.6
43.6
76.1
89.0
46.1
43.0
71.4
91.8
48.3
43.5
75.0
90.9
48.2
42.7
75.0
85.2
44.6
40.6
72.3
83.9
43.1
40.8
71.7
82.3
42.7
39.6
78.8
83.8
44.1
39.7
45.9
72.3
78.5
39.4
39.1
43.4
282.3
43.2
41.2
43.6
41.8
46.0
47.9
45.5
44.8
42.8
44.9
46.6
49.8
284.6
287.9
299.6
307.6
303.0
306.3
301.6
299.7
288.7
278.2
292.2
295.1
16.0
69.5
19.2
27.6
35.5
97.1
17.9
17.1
69.3
19.3
27.5
35.0
100.1
17.2
14.4
70.5
19.9
27.0
35.5
104.2
17.3
11.6
74.7
19.2
28.3
36.8
108.4
20.8
14.2
75.6
20.3
28.6
37.5
110.4
21.4
12.0
72.6
19.8
27.8
37.3
112.1
21.9
13.9
73.0
19.8
27.3
36.6
114.9
21.7
10.3
73.9
18.7
27.8
35.8
116.4
19.9
12.1
70.1
18.6
27.0
35.8
118.8
19.3
11.6
64.0
17.0
26.1
35.1
118.7
18.9
12.1
53.9
13.7
25.6
35.5
122.3
19.0
11.6
62.9
15.8
26.2
37.0
121:8
19.8
11.9
62.8
15.7
25.8
37.0
124.3
20.8
43.3
Residual
Imports of goods and services
Imports of goods •
Foods, feeds, and beverages
Industrial supplies and materials,
except petroleum and products
Durable goods '..
Nondurable goods
Petroleum and products
Capital goods, except automotive
Civilian aircraft, engines, and parts
Computers, peripherals, and parts*
Other
Automotive vehicles, engines, and
parts
Consumer goods, except automotive
Durable goods
Nondurable goods
Other..:.;:
Imports of services'
Direct defense expenditures
Travel
Passenger fares
Other transportation
Royalties and license fees
Other private services
Other
Residual .1
Addenda:
Exports of agricultural goods 2
Exports of nonagricultural goods
Imports of nonpetroleum goods
44.8
44.5
304.1
292.0
2001
17.3
68.9
21.1
26.4
34.7
91.4
20.1
14.8
70.4
19.3
27.6
35.4
102.4
17.6
12.9
74.0
19.8
28.0
37.0
111.5
21.5
11.5
65.5
17.0
26.6
35.6
119.1
19.3
.0
-2.7
-8.7
-7.5
.0
-.5
-2.9
-3.9
-4.0
-5.6
-7.7
-11.6
-10.5
-9.8
-6.4
-5.7
-7.6
-4.1
-3.4
1,290.7
1,337,7
1,383.7
1,415.2
1,464.6
1,528.5
1,578.6
1,572.2
1,540.3
1,513.6
1,467.0
1,447.2
1,477.1
1,557.1
1,331.9
17.1
68.8
19.8
27.5
37.0
93.8
19.6
11.8
72.4
18.9
28.2
35.6
108.4
18.0
1,223.5
1,356.8
1,536.0
1,492.0
1,264.8
1,031.4
1,157.5
1,313.7
1,270.5
1,070.6
1,096.7
1,140.7
1,182.3
1,210.2
1,249.6
1,308.8
1,351.1
1,345.1
1,313.1
1,281.1
1,249.2
1,238.7
1,250.0
42.2
46.1
49.4
51.7
42.7
44.4
46.2
46.7
47.3
47.8
49.2
50.3
50.3
49.8
50.8
53.6
52.6
53.2
54.9
150.1
78.1
71.8
81.0
328.1
20.7
101.2
206.5
156.5
81.0
75.4
81.4
376.4
22.1
130.4
227.4
167.1
86.3
80.7
86.2
452.2
23.9
152.6
279.8
160.9
81.0
79.7
89.2
400.0
27.3
138.4
236.6
152.1
80.4
71.6
79.2
338.6
22.8
110.1
206.6
149.7
78.8
70.8
79.9
347.1
20.9
118.7
210.3
154.0
79.7
74.2
85.3
369.7
21.5
129.9
222.4
158.0
80.2
77.8
84.1
387.0
23.8
134.4
232.3
164.5
85.4
79.0
76.5
401.7
22.3
138.7
244.8
166.0
86.9
79.0
81.4
414.6
21.4
139.5
257.6
166.9
86.5
80.3
88.6
450.9
22.7
151.9
280.7
169.0
86.1
82.8
88.1
471.6
24.0
161.5
291.4
166.6
85.9
80.7
86.7
471.7
27.3
157.6
289.7
166.8
84.3
82.3
91.3
447.5
27.5
148.3
273.5
159.0
79.3
79.5
92.9
402.9
27.2
138.2
239.6
159.1
79.6
79.3
85.9
377.9
26.7
131.3
221.9
158.5
80.7
77.7
86.7
371.5
28.1
135.8
211.3
160.8
82.7
78.0
82.3
382,1
25.0
150.9
215.9
164.8
82.8
81.8
88.8
400.6
22.1
153.9
235.0
148.2
222.8
118.5
104.3
60.7
177.1
250.1
134.4
115.8
69.9
192.5
293.9
160.8
133.5
78.8
186.7
298.9
159.6
139.4
79.8
161.4
227.1
122.1
105.2
68.5
169.1
236.6
124.3
112.3
67.8
173.5
242.6
131.8
111.0
69.6
181.5
255.3
138.3
117.1
70.2
184.6
265.8
143.2
122.8
72.2
194.3
275.6
152.6
123.5
71.9
192.7
292.1
159.7
132.8
73.6
194.4
299.8
162.7
137.3
86.4
188.7
308.2
168.3
140.3
83.4
184.9
303.6
163.1
140.7
7 73.7
188.5
. 301.5
160.3
141.3
81.2
189.1
296.4
157.2
139.2
80.8
184.2
294.2
157.8
136.6
83.6
187.3
302.4
164.6
138.1
76.4
204.3
326.5
181.9
145.3
83.9
192.2
200.3
223.6
222.4
194.6
194.7
197.9
202.6
206.1
216.0
221.0
228.9
228.6
228.8
233.5
218.6
208.9
225.5
225.6
15.5
67.0
20.9
35.4
15.1
62.6
7.6
17.5
63.5
17.7
33.6
15.0
69.8
8.0
13.7
59.4
19.3
32.6
11.7
50.5
7.3
14.0
58.6
19.3
32.2
11.5
52.1
7.1
14.8
59.6
19.1
31.1
11.9
54.6
7.0
15.7
60.4
19.3
31.7
12.1
56.5
7.4
14.3
61.7
20.1
32.1
12.9
58.4
7.2
14.6
66.5
20.6
33.8
13.7
59.8
7.3
15.6
66.3
21.3
35.1
14.1
61.1
7.5
16.3
66.7
21.4
36.8
17.0
63.2
7.7
20.3
36.0
15.4
66.2
7.7
16.2
67.6
18.7
35.5
15.1
69.9
7.8
16.4
70.9
19.9
34.5
14.8
71.5
9
17.3
61.0
18.1
31.7
15.1
71.0
8.1
20.2
54.7
13.9
32.5
15.1
66.7
8.2
21.0
63.1
16.0
33.1
17.3
69.0
8.4
20.4
62.0
15.6
34.3
16.4
70.9
8.3
-7.6
-11.2
-15.5
66.7
729.7
1,166.0
66.7
759.5
1,216.7
71.7
792.6
1,261.5
13.7
59.1
18.6
31.6
11.0
51.1
7.2
14.7
60.1 I
19.4
31.8
12.1
55.4
7.2
-2.0
-4.9
-12.6
-2.5
-.3
62.6
660.0
949.6
63.1
686.4
1,073.2
68.3
765.4
1,225.5
70.5
714.9
1,177.1
65.0
677.6
988.6
-5.8
58.7
665.8
1,013.3
62.8
670.5
1,052.5
* Because of rapid changes in relative prices, the chained-dollar estimates for computers are especially misleading as a
measure of the contribution or relative importance of this component.
Note. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar 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.
2000
2002
1999
Exports of services1
Transfers under U.S. military agency
sales contracts
Travel
Passenger fares
Other transportation
Royalties and license fees
,
Other private services
Other
1999
1998
66.9
689.9
1,095.0
64.0
719.3
1,132.0
-5.5
-9.9
68.1
779.9
1,257.7
69.9
765.4
1,217.7
70.5
729.7
1,182.9
68.9
691.4
1,159.7
72.7
673.1
1,148.1
72.3
667.1
1,164.1
68.9
696.0
1,239.0
For exports and for imports, the residual line is the difference between the aggregate line and the sum of the most
detailed lines.
Chain-type quantity indexes for the series in this table are shown in table 7.10.
Contributions to the percent change in real exports and in real imports of goods amid services are shown in table 8.5.
See footnotes to table 4.3.
70
Foreign Transactions
August 2 0 0 2
Table 4.5B. Relation of Foreign Transactions in the National Income and Product
Accounts (NIPA's) to the Corresponding Items in the International Transactions
Accounts (ITA's)
[Billions of dollars]
Line
2001
2000
1999
1998
Exports of goods, ITA's
Less: Gold, ITA's'
Statistical differences2
Plus: Adjustment for U.S. territories and Puerto Rico3
Equals: Exports of goods, NIPA's
1
2
3
4
5
670.4
684.0
772.0
5.5
.0
5.3
.0
6.0
.0
4.9
.0
16.4
681.3
18.6
697.3
19.1
785.0
19.7
733.5
Exports of services, ITA's
Less: Transfers of goods and services under military grant programs, net4
Statistical differences2
Other items5
Plus: Adjustment for U.S. territories and Puerto Rico3
Services furnished without payment by financial intermediaries
except life insurance carriers
Equals: Exports of services, NIPA's
6
7
8
9
10
262.3
273.2
292.2
279.3
.3
.0
.6
3.7
.3
.0
.7
3.8
.2
.0
1.0
4.0
.3
.0
.8
4.1
11
12
18.5
283.6
16.0
292.0
21.1
316.1
18.3
300.6
Income receipts, ITA's
Less: Statistical differences2
Plus: Adjustment for U.S. territories and Puerto Rico3
Adjustment for grossing of parent/affiliate transactions6
Equals: Income receipts, NIPA's
13
14
15
16
17
259.4
290.5
353.0
283.8
286.1
316.9
383.4
316.9
Imports of goods, ITA's
Less: Gold, ITA's'
Statistical differences2
Plus: Gold, NIPA's1
Adjustment for U.S. territories and Puerto Rico 3
Equals: Imports of goods, NIPA's
18
19
20
21
22
23
917.1
1,030.0
1,224.4
1,145.9
6.5
.0
5.8
.0
5.9
.0
4.3
.0
-3.1
22.5
930.0
-2.7
23.8
1,045.3
-3.2
27.8
1,243.1
-3.4
29.0
1,167.2
Imports of services, ITA's
Less: Statistical differences2
Plus: Adjustment for U.S. territories and Puerto Rico3
Equals: Imports of services, NIPA's
24
25
26
27
182.5
189.4
218.5
210.4
.1
4.3
.0
4.5
.0
5.0
.0
5.4
186.7
193.9
223.5
215.8
Income payments, ITA's
Less: Statistical differences2
Plus: Adjustment for U.S. territories and Puerto Rico3
Imputed interest paid to the rest of the world
Adjustment for grossing of parent/affiliate transactions6
Equals: Income payments, NIPA's
28
29
30
31
32
33
251.8
-13.7
269.4
294.1
6.5
6.2
289.6
360.0
295.0
Balance on goods and services and income, ITA's (1+6+13-18-24-28)
Less: Gold (2-19+21)
Statistical differences (3+8+14-20-25-29)
Other items (7+9)
Plus: Adjustment for U.S. territories and Puerto Rico (4+10+15-22-26-30)
Equals: Net exports of goods and services and net receipts of income,
NIPA'S (5+12+17-23-27-33)
34
35
36
37
38
-159.3
-4.1
13.7
-244.1
-3.2
-356.9
-3.1
-343.9
-2.8
.9
.0
1.0
.0
1.2
.0
1.0
14.6
14.8
13.0
15.2
39
-155.2
-227,2
-342.1
-326.9
Unilateral current transfers, net, ITA's
Less: Transfers of goods and services under military grant programs, net4
Statistical differences2
Plus: Adjustment for U.S. territories and Puerto Rico3
Equals: Transfer payments to the rest of the world, net, NIPA's
40
41
42
43
44
44.5
48.8
53.4
49.5
.3
.1
.4
.3
.0
.4
.2
.0
.5
.3
.0
.6
44.5
48.9
53.7
49.8
Balance on current account, ITA's (34-40)
Less* Gold (35)
Statistical differences (36-42)
Other items (37-41)
Plus: Adjustment for U.S. territories and Puerto Rico (38-43)
Equals: Net foreign investment, NIPA's (39-44)
45
46
47
48
49
50
-203.8
-292.9
-3.2
-410.3
-3.1
-393.4
-2.8
718.8
.1
.0
.0
.0
22.5
21.8
23.9
27.0
4.4
4.5
6.5
6.2
272.4
331.2
1.2
.0
1.2
.0
1.2
.0
1.1
18.5
16.0
21.1
18.3
4.4
4.5
.6
.0
.7
.0
1.0
.0
.8
14.3
-199.7
14.4
-276.0
12.5
-395.8
14.6
-376.7
13.6
1. Exports and imports of gold in the NIPA's differ from those in the ITA's. ITA gold exports (line 2) and imports (line 19) are excluded from
the NIPA's; imports of gold in the NIPA's (line 21) is the excess of the value of gold in gross domestic purchases over the value of U.S.
production of gold.
2. Consists of statistical revisions to the ITA's that have not yet been incorporated into the NIPA's and statistical revisions to the NIPA's that
have not yet been incorporated into the ITA's.
3. Consists of transactions between the United States and its territories, Puerto Rico, and the Northern Mariana Islands. The treatment of
U.S. territories, Puerto Rico, and the Northern Mariana Islands in the NIPA's differs from that in the ITA's. In the NIPA's, they are included in
the rest of the world; in the ITA's, they are treated as part of the United States. The adjustment to unilateral current transfers, net (line 43)
consists only of transfer payments from persons, because transfer payments, subsidies, and grants-in-aid from the Federal Government to
residents of U.S. territories, Puerto Rico, and the Northern Mariana Islands are excluded from NIPA transfer payments to the rest of the world.
4. Transfers of goods and services under military grant programs, net, are classified as exports and as unilateral current transfers in the
ITA's. In the NIPAs, these transactions are excluded from exports and from transfer payments and are included in Federal Government
consumption expenditures. Beginning with 1988, the ITA's classify certain items as military grants that the NIPA's do not.
5. Beginning with 1988, the ITA's classify certain items as military grants that the NIPA's do not. In the NIPA's these transactions are
excluded from exports and included in transfer payments from government.
6. In the ITA's, income transactions between parents and affiliates are recorded on a net basis. In ITA exports, U.S. parents' receipts from
foreign affiliates for interest are net of such payments by U.S. parents to foreign affiliates. In ITA imports, U.S. affiliates' payments to foreign
parents for interest are net of such receipts by U.S. affiliates from foreign parents. In the NIPA's, these transactions are recorded on a gross
basis. The amount of the adjustment is identical in payments and in income receipts and, thus, does not affect NIPA net income receipts or net
foreign investment.
August 2002
71
SURVEY OF CURRENT BUSINESS
5. Saving and Investment.
Table 5.1. Gross Saving and Investment
[Billions ot dollars]
Seasonally adjusted at annual rates
Line
Gross saving
Gross private saving
Personal saving
Undistributed corporate profits with
inventory valuation and capital
consumption adjustments
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment...
Corporate consumption of fixed capital
Noncorporate consumption of fixed
capital
Wage accruals less disbursements ....
Gross government saving
Federal
Consumption of fixed capital
Current surplus or deficit (-),
national income and product
accounts
State and local
Consumption of fixed capital
Current surplus or deficit (-),
national income and product
accounts
Gross investment
Gross private domestic investment
Gross government investment
Net foreign investment
Statistical discrepancy
Addendum:
Gross saving as a percentage of gross
national product
1998
1999
2000
2001
2000
1999
1998
1,815.7 1,813.6
2001
2002
1,670.6 1,665.6
1,807.9 1,662.4
1,679.8
1,743.0
1,692.7
1,671.2 1,709.7
1,372.1
201.5
1,399.3
169.7
1,373.4
277.6
1,412.5
301.5
1,356.1
174.0
253.9
1,352.2
179.9
1,320.8 1,338.8 1,353.7 1,386.5 1,383.7 1,364.4 1,324.1 1,338.4 1,535.6 1,399.0 1,579.9
141.6
61.5
207.7
207.5
173.7
211.5
179.4
129.0
302.2
133.3
272.0
133.6
18.3
38.0
620.2
229.6
185.9
-4.2
47.9
665.5
152.6
146.8
-15.0
20.8
721.1
122.7
61.2
5.0
56.5
789.1
190.1
125.5
22.9
41.7
636.2
233.1
169.2
16.0
47.8
646.4
232.3
183.2
-2.5
51.6
657.1
217.4
182.8
-13.8
48.5
675.0
235.6
208.5
-16.6
43.7
683.4
185.7
174.9
-22.6
33.4
170.4
163.6
-16.4
23.1
714.1
144.2
137.1
-8.3
15.4
728.9
110.2
111.6
-12.5
11.1
742.8
-10.1
9.6
755.9
101.9
100.7
-6.2
7.3
772.3
79.5
46.7
8.9
23.9
835.6
223.0
10.8
27.2
185.1
792.6
171.0
12.8
1.9
156.3
808.3
134.9
824.1
264.2
281.8
5.2
296.8
.0
317.7
.0
270.2
-.7
274.0
5.2
277.7
5.2
290.0
5.2
285.7
5.2
290.0
.0
294.6
.0
299.1
.0
303.7
.0
308.2
.0
322.6
.0
318.2
.0
321.9
.0
328.6
.0
335.4
.0
272.2
132.0
88.2
348.1
203.4
91.5
435.8
263.1
170.7
98.7
306.4
146.1
89.1
330.5
340.6
203.8
90.9
350.4
209.4
92.0
370.9
221.9
93.2
462.0
317.7
94.5
427.1
292.8
95.5
445.2
309.7
96.5
409.0
291.0
97.2
374.9
271.5
97.7
332.2
243.0
130.0
47.3
215.3
31.3
302.8
95.9
121.1
99.7
^2.9
100.6
101.3
43.8
140.2
99.5
111.9
144.7
106.4
206.9
133.0
115.0
72.0
92.4
123.7
57.0
160.3
101.9
88.7
151.9
103.5
112.9
136.8
105.5
117.4
141.0
107.2
128.8
149.0
109.3
223.2
144.2
111.5
197.2
134.3
114.1
213.2
135.4
116.3
193.8
118.0
118.1
173.8
103.4
119.9
144.4
89.2
121.5
-51.7
82.7
128.9
21.3
94.3
124.5
-143.5
74.2
125.9
127.2
40.7
38.3
18.0
-31.3
58.4
48.4
31.3
33.8
39.6
-30.2
-51.7
1,616.2
1,665.4
1,679.4
1,545.1
1,646.2
1,689.7
1,636.5
1,639.7
1,695.6
1,677.0
1,726.8
1,664.9 1,648.9 1,593.2
1,557.7
1,547.8
1,481.8
1,493.2
1,538.7
277.1
1,636.7
304.7
1,755.4
319.8
1,586.0
335.8
1,589.3
284.9
1,618.0
292.7
1,597.8
302.9
1,637.9
306.1
1,693.2
317.1
1,711.4
322.5
1,786.3
317.5
1,766.4
317.7
1,671.1
331.6
1,597.2
343.0
1,574.9
323.7
-199.7
-276.0
-395.8
-376.7
-228.0
-221.0
-264.2
-304.2
-314.7
-356.9
-377.1
-419.1
-430.0
-409.5
-382.5
-350.8
1,500.7 1,559.4
355.5
345.0
-363.9 -421.7
-31.0
-38.8
-128.5
-117.3
-33.6
-53.3
-56.2
-31.5
-14.1
-138.7
-86.8
-164.0
-124.5
-105.7
-112.9
-117.8
-132.6
-118.0
18.8
18.3
18.4
16.5
18.7
19.1
18.4
17.9
18.8
18.4
18.5
17.8
16.9
16.6
16.5
15.8
15.6
1,647.2 1,704.1
1,375.0
178.6
1,828.9
1,773.4
1,699.0
86.3
86.8
-32.3
1,757.4
321.5
1,611.2
1,614.4
Table 5.2. Gross and Net Investment by Major Type
Table 5.3. Real Gross and Net Investment by Major Type
[Billions of dollars]
[Billions of chained (1996) dollars]
307.9
1,588.8
349.8
1998
1999
2000
2001
1998
1999
2000
2001
Gross private domestic investment
Less: Consumption of fixed capital
Equals: Net private domestic investment
1,538.7
884.3
654.4
1,636.7
947.3
689.4
1,755.4
1,018.0
737.4
1,586.0
1,106.8
479.2
Gross private domestic investment
Less: Consumption of fixed capital
Equals: Net private domestic investment
1,558.0
894.7
663.3
1,660.5
962.2
1,762.9
1,024.0
738.9
1,574.6
1,110.7
463.9
Fixed investment
Less: Consumption of fixed capital
Equals: Net fixed investment
1,465.6
1,577.2
947.3
629.9
1,691.8
1,018.0
673.9
1,646.3
1,106.8
539.5
Fixed investment
Less: Consumption of fixed capital
Equals: Net fixed investment
1,480.0
894.7
585.3
1,595.2
962.2
633.0
1,691.9
1,024.0
667.9
1,627.4
884.3
581.3
1,101.2
744.8
356.5
1,173.5
1,265.8
858.5
407.3
1,201.6
933.4
268.1
1,135.9
762.8
373.1
1,228.4
824.1
404.3
1,324.2
886.5
437.7
1,255.1
795.2
378.3
Structures
Less: Consumption of fixed capital .
Equals: Net structures
282.4
158.1
124.3
283.7
163.3
120.4
314.2
Equipment and software
Less: Consumption of fixed capital .
Equals: Net equipment and software
818.9
586.6
232.2
889.8
632.0
257.9
364.4
139.6
Line
Nonresidential
Less: Consumption of fixed capital
Equals: Net nonresidential
Residential
Less: Consumption of fixed capital
Equals: Net residential
Change in private inventories
Gross government investment'
Less: Consumption of fixed capital
Equals: Net government investment
Federal
National defense
Nondefense
State and local
Structures
Less: Consumption of fixed capital
Equals: Net structures
Federal
National defense
Nondefense
State and local
Equipment and software
Less: Consumption of fixed capital
Equals: Net equipment and software
Federal
National defense
Nondefense
State and local
Line
966.6
324.5
198.1
126.3
Structures
Less: Consumption of fixed capital..
Equals: Net structures
262.2
146.1
116.1
258.6
148.4
110.2
275.5
149.3
126.3
270.9
164.9
106.1
951.6
687.7
263.8
877.1
Equipment and software
Less: Consumption of fixed capital..
Equals: Net equipment and software
875.4
617.8
257.6
975.9
678.3
297.6
1,056.0
742.2
313.8
988.2
806.6
181.6
403.7
152.1
426.0
159.5
444.8
173.4
368.3
138.9
229.5
372.4
139.6
232.8
373.5
147.3
226.2
251.6
271.4
345.1
132.3
212.8
224.8
266.6
73.1
59.5
63.6
-60.3
Change in private inventories
76.7
62.8
277.1
187.6
89.5
304.7
197.9
319.8
335.8
222.4
113.4
1.9
-10.2
274.3
186.4
87.9
-.3
-11.5
11.1
88.2
296.8
194.4
-2.1
-12.9
10.8
91.5
159.0
79.2
79.8
Gross government investment1
Less: Consumption of fixed capital
Equals: Net government investment
Federal
National defense
Nondefense
State and local
149.7
74.6
75.0
1.1
-3.3
4.3
74.0
159.3
76.1
83.2
1.1
-3.5
4.6
78.7
118.1
108.5
9.6
-3.2
-9.4
6.2
12.8
106.8
12.1
104.9
175.3
83.5
91.8
.9
-3.8
4.8
90.9
129.4
114.4
15.0
1.0
-6.4
7.3
14.0
170.8
143.4
210.9
108.8
.0
-10.1
10.0
108.9
183.5
89.1
94.3
-.5
-4.1
3.6
94.9
136.3
121.8
14.5
.5
-6.0
6.4
14.0
735.3
141.8
.9
-8.1
9.0
112.5
193.4
95.5
97.9
-1.3
-4.3
3.0
99.2
142.4
126.9
15.5
2.2
-3.8
6.1
13.3
1. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; change in inventories is included in government consumption expenditures.
Nonresidentiat
Less: Consumption of fixed capital
Equals: Net nonresidential
1,110.7
516.7
Residential
Less: Consumption of fixed capital
Equals: Net residential
Structures
Less: Consumption of fixed capital
Equals: Net structures
Federal
National defense
Nondefense
State and local
Equipment and software
Less: Consumption of fixed capital
Equals: Net equipment and software
Federal
National defense
Nondefense
State and local
125.2
111.9
13.3
-1.3
-8.1
6.8
14.6
102.4
3.7
-8.8
12.3
98.7
.9
-3.5
4.3
82.3
138.5
118.7
19.9
3.0
-5.2
8.1
16.8
-61.4
303.8
202.5
101.3
2.5
-7.7
313.8
10.1
98.8
159.4
77.6
9.0
99.0
162.1
80.4
81.8
-.5
-3.6
3.1
82.2
-1.1
-3.6
2.5
82.8
146.1
125.4
20.7
3.4
-3.9
7.2
17.2
210.9
102.9
4.1
-5.1
81.8
154.0
131.2
22.8
5.8
-1.3
6.9
16.9
1. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; change in inventories is included in government consumption expenditures.
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar 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.
Chain-type quantity indexes for the series in this table are shown in table 7.19.
Saving and Investment
72
August 2 0 0 2
Table 5.4. Private Fixed Investment by Type
[Billions of dollars]
Seasonally adjusted at annual rates
1999
Line
2000
2001
1998
1999
2002
IV
I
Private fixed investment
2001
2000
1,465.6 1,577.2 1,691.8 1,646.3 1,513.9 1,543.3 1,570.1 1,591.1 1,604.3 1,664.6 1,697.1 1,705.2 1,700.4 1,698.3 1,654.3 1,635.5 1,597.2
1,589.4
1,589.6
1,268.3 1,283.4 1,274.8 1,258.3 1,210.0 1,188.1 1,149.8
1,126.8
1,118.9
1,101.2
1,173.5
1,265.8
1,201.6
1,131.7
1,150.0
1,167.7
1,184.5
1,191.9
1,236.6
Structures
Nonresidential buildings,
including farm
Utilities
Mining exploration, shafts, and
wells
Other structures
282.4
283.7
314.2
324.5
287.5
285.5
283.0
279.9
286.3
299.5
308.5
320.9
328.0
333.7
329.9
332.0
302.3
288.3
277.7
201.4
44.2
206.9
47.3
223.9
53.7
216.3
55.0
208.5
45.3
211.1
45.4
206.6
45.7
204.2
47.8
205.5
50.3
216.2
50.8
222.8
52.5
227.4
54.7
229.1
57.1
231.9
54.9
221.3
56.2
21.1.5
54.6
200.4
54.4
192.4
56.3
184.9
54.0
30.2
6.5
22.8
6.7
29.2
7.4
42.7
10.5
27.3
6.4
22.5
6.5
23.3
7.5
21.5
6.4
23.9
6.6
25.6
7.0
26.2
7.0
31.1
7.7
33.8
8.0
39.7
7.1
45.5
6.9
45.1
20.7
40.4
7.2
32.3
7.3
31.5
7.2
Equipment and software
Information processing equipment
and software
Computers and peripheral
equipment1
Software2
Other
Industrial equipment
Transportation equipment
Other
818.9
889.8
951.6
844.2
864.5
884.7
904.6
946.8
924.6
880.2
363.4
402.3
446.9
404.3
374.3
385.7
403.7
410.7
409.2
433.3
449.1
453.3
451.8
433.2
407.9
390.7
385.5
388.7
397.8
84.2
140.1
139.2
147.6
168.2
139.8
90.4
162.5
149.4
150.4
194.7
142.4
93.3
179.4
174.2
164.9
189.7
150.1
74.2
180.4
149.8
159.0
165.8
148.0
85.0
147.0
142.3
147.2
181.9
140.8
87.9
153.2
144.5
145.2
190.0
143.7
93.0
161.1
149.6
149.5
190.7
140.8
92.6
165.9
152.2
153.0
200.0
140.9
88.1
169.8
151.3
153.9
198.2
144.3
90.1
174.5
168.6
159.7
196.4
147.6
95.7
178.2
175.2
163.2
195.5
152.0
95.7
182.2
175.4
168.8
190.3
150.1
91.8
182.5
177.5
167.9
176.5
150.6
84.0
183.4
165.8
170.0
169.5
152.0
75.8
180.7
151.5
161.8
162.7
147.7
67.6
178.7
144.5
154.3
162.7
148.4
69.3
178.9
137.3
149.8
T68.3
143.8
71.9
177.2
139,6
153.4
154.1
142.3
72.6
181.4
143.7
151.6
144.8
147.1
402.4
406.5
412.5
428.0
428.8
421.8
425.6
440.0
444.2
447.4
447.4
462.6
470.7
397.6
418.8
225.9
28.7
164.2
419.5
223.1
29.1
167.3
412.6
216.2
26.9
169.4
416.3
217.4
28.3
170.6
430.7
228.1
30.0
172.5
435.0
231.6
30.4
173.0
438.1
234.4
30.5
173.2
438.0
234.3
31.8
171.9
453.0
241.1
34.2
177.7
461.1
243.6
36.4
181.1
9.2
9.3
9.2
9.3
9.3
9.2
9.3
9.4
9.5
9.6
Nonresidential.
Structures
Single family
Multifamily
Other structures .
10
11
12
13
14
15
959.8
16
364.4
403.7
426.0
444.8
382.2
393.3
17
18
19
20
356.1
185.8
24.6
145.8
394.8
208.6
27.4
158.8
416.8
220.7
28.3
167.9
435.4
232.1
30.7
172.7
373.8
198.7
25.2
149.9
384.7
204.6
27.1
153.0
206.0
27.1
160.6
208.0
27.9
161.7
403.5
215.9
27.7
159.9
8.2
8.8
9.3
9.3
8.4
8.5
8.8
9.0
9.0
Equipment .
838.5
1. Includes new computers and peripheral equipment only.
2. Excludes software "embedded," or bundled, in computers and other equipment.
Table 5.5. Real Private Fixed Investment by Type
[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
1998
1,480.0
1,595.2
1,691.9
1,627.4
1,531.7
1,622.2 1,673.6 1,700.9 1,701.7 1,691.3 1,682.1 1,633.5 1,615.7 1,578.4 1,576.4
1,577.5
1,135.9
1,228.4 1,324.2 1,255.1 1,175.4 1,197.5 1,220.4 1,243.3 1,252.4 1,297.1 1,329.1 1,340.7 1,329.9 1,311.4 1,261.0 1,241.7 1,206.4 1,188.4
1,183.6
1999
I
Private fixed investment
1,560.5
1,587.6
2001
2000
1,610.6
2002
I
III
Structures
Nonresidential buildings,
including farm
Utilities
Mining exploration, shafts, and
wells
Other structures
262.2
258.6
275.5
270.9
265.1
262.4
258.9
254.7
258.5
267.0
272.3
280.2
282.7
280.4
274.4
276.3
252.7
243.2
234.2
188.3
42.7
185.5
45.7
192.3
50.4
178.7
50.3
191.9
43.7
192.1
44.1
186.0
44.3
182.3
46.2
181.7
48.3
188.4
48.3
192.4
49.3
194.5
51.1
193.9
52.9
193.8
50.6
183.2
51.5
174.2
49.7
163.5
49.3
157.1
50.8
150.5
48.4
25.1
6.2
21.6
6.4
27.0
6.8
34.0
9.3
23.7
6.1
20.4
6.2
21.9
7.1
20.8
6.0
23.1
6.2
24.5
6.5
25.0
6.4
28.6
7.1
30.1
7.1
30.9
6.3
34.6
6.1
35.9
18.3
34.8
6.3
30.2
6.3
30.4
6.2
Equipment and software
Information processing equipment
and software
Computers and peripheral
equipment'
Software2
Other
Industrial equipment
Transportation equipment
Other
875.4
975.9
1,056.0
988.2
939.1
967.1
996.1
1,001.2
1,038.0
1,065.3
1,067.7
1,053.1
1,036.1
989.9
429.3
508.1
583.3
548.5
456.4
477.3
506.8
522.2
526.1
561.3
585.5
591.9
594.3
578.9
549.8
533.4
531.8
540.4
556.2
147.7
147.1
143.5
145.6
168.2
136.5
207.4
169.3
157.5
147.5
193.2
137.7
246.4
184.4
187.4
160.8
186.6
144.5
239.9
182.0
163.9
153.8
163.6
140.7
167.7
155.0
147.9
144.8
181.0
136.7
186.1
160.2
151.1
142.5
188.1
138.9
209.2
167.8
157.1
146.9
188.6
136.0
218.8
172.5
160.7
150.1
199.1
136.3
215.3
176.8
161.2
150.5
196.8
139.5
226.7
181.8
180.2
156.0
193.9
142.6
249.2
184.3
188.2
159.3
192.5
146.5
255.9
185.8
189.1
164.5
186.9
144.4
253.9
185.6
192.2
163.4
173.0
144.6
253.0
185.5
180.2
164.8
167.6
145.1
239.0
181.7
165.7
156.4
161.6
140.6
224.5
180.5
158.6
149.2
160.0
141.0
243.3
180.6
151.2
144.7
165.4
136.2
262.1
179.0
154.1
148.3
151.5
134.6
270.1
183.6
159.0
146.8
143.0
139.2
Residential .
Structures
Singje family
Multifamily
Other structures
Equipment
Residual
10
11
12
13
14
15
16
345.1
368.3
372.4
373.5
357.4
364.1
368.4
369.2
371.7
379.1
376.2
367.2
367.2
374.5
374.0
374.3
371.0
383.6
388.2
17
18
19
20
336.8
175.9
21.7
139.3
359.4
363.0
191.0
23.0
149.1
364.0
192.6
24.4
146.9
349.0
185.5
21.6
142.0
355.4
188.4
23.2
143.7
359.5
187.3
23.1
149.2
360.1
362.5
192.8
23.4
146.3
369.7
198.0
23.6
148.1
366.8
357.8
186.5
21.8
149.7
357.8
365.1
185.8
22.8
149.3
192.0
24.1
148.9
364.6
193.1
24.3
147.2
365.0
194.1
24.3
146.5
361.5
191.3
25.1
145.1
373.9
197.2
27.0
149.6
378.5
198.4
28.6
151.3
9.5
8.4
8.7
9.0
9.2
9.2
9.4
9.4
9.4
9,5
9.5
9.4
9.4
9.6
9.7
9.8
-67.2
-62.2
-24.3
-33.2
-45.9
-51.5
-48.9
-54.4
-68.4
-73.6
-72.8
-70.2
-60.9
-50.5
-68.0
-81.1
-87.8
189.0
23.4
147.0
8.3
9.0
-16.1
-45.0
1. Includes new computers and peripheral equipment only. Because of rapid changes in relative prices, the chaineddollar estimates for computers are especially misleading as a measure of the contribution or relative importance of this
component; accurate estimates of these contributions are shown in table 8.4.
2. Excludes software "embedded," or bundled, in computers and other equipment.
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-
960.6
187.4
23.7
149.0
193.8
23.7
149.3
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.
Chain-type quantity indexes for the series in this table are shown in table 7.6.
Contributions to the percent change in real private fixed investment are shown in table 8.4.
August 2002
73
SURVEY OF CURRENT BUSINESS
Table 5.6. Private Fixed Investment in Structures by Type
Table 5.7. Real Private Fixed Investment in Structures by Type
[Billions of dollars]
[Billions of chained (1996) dollars]
Line
Private fixed investment in structures
Nonresidentiai
New
Nonresidentiai buildings, excluding farm
Industrial
Commercial
Office buildings'
Other2
Religious
Educational
Hospital and institutional
Other3
Utilities
Railroads
Telecommunications
Electric light and power
;
Gas
Petroleum pipelines
Farm
Mining exploration, shafts, and wells
Petroleum and natural gas
Other
Other4
Brokers' commissions on sale of structures
Net purchases of used structures
Residential
New
New housing units
Permanent site
Single-family structures
Multifamily structures
Manufactured homes
Improvements
Other5
Brokers' commissions on sale of structures
Net purchases of used structures
.....
1998
1999
2000
2001
638.5
678.5
731.0
759.9
282.4
283.7
314.2
324.5
281.7
197.2
35.6
100.7
49.1
51.6
6.4
10.9
15.4
28.2
44.2
5.7
12.3
12.5
12.4
1.3
4.3
30.2
28.9
1.3
5.9
2.3
-1.7
283.1
201.8
28.7
110.1
55.4
54.7
7.2
10.3
15.1
30.4
47.3
4.7
18.3
14.7
8.1
1.5
5.1
22.8
21.6
1.2
6.2
2.4
-1.8
313.5
28.0
1.1
6.7
2.5
-1.9
320.8
210.1
25.6
118.5
60.5
58.0
8.1
13.7
16.8
27.4
55.0
4.1
18.4
22.7
8.9
.9
6.1
42.7
41.3
1.4
6.8
2.5
1.2
356.1
394.8
416.8
435.4
310.4
224.9
210.4
185.8
24.6
14.5
84.5
1.0
48.8
-3.0
344.4
250.1
236.1
208.6
27.4
14.0
93.0
1.3
53.9
-3.5
363.6
259.7
248.9
220.7
28.3
10.8
102.4
1.4
56.2
-2.9
377.8
271.6
262.8
232.1
30.7
8.8
104.6
1.6
60.0
-2.3
217.9
28.0
122.8
64.7
58.1
7.8
12.4
16.1
30.8
53.7
4.3
18.7
21.3
8.5
1.0
6.0
29.2
1. Consists of office buildings, except those constructed at industrial sites and those constructed by utilities for their
use.
2. Consists of stores, restaurants, garages, service stations, warehouses, mobile structures, and other buildings used
for commercial purposes.
3. Consists of hotels and motels, buildings used primarily for social and recreational activities, and buildings not elsewhere classified, such as passenger terminals, greenhouses, and animal hospitals.
4. Consists primarily of streets, dams and reservoirs, sewer and water facilities, parks, and airfields.
5. Consists primarily of dormitories and of fraternity and sorority houses.
own
Line
Private fixed investment in structures ..
Nonresidentiai
New
Nonresidentiai buildings, excluding farm
Industrial
Commercial
Office buildings'
Other3
Religious
Educational
Hospital and institutional
Other ^
Utilities
Railroads
Telecommunications
Electric light and power
Gas
Petroleum pipelines
Farm
Mining exploration, shafts, and wells
Petroleum and natural gas
Other
Other4
Brokers' commissions on sale of structures
Net purchases of used structures
Residential
New housing units
Permanent site
Single-family structures
Multifamily structures
Manufactured homes
Improvements
Other5
Brokers' commissions on sale of structures
Net purchases of used structures
Residual
1998
1999
2000
2001
599.0
617.9
638.5
634.9
262.2
258.6
275.5
270.9
261.5
184.3
33.3
94.1
45.9
48.2
6.0
10.2
14.4
26.3
42.7
5.5
12.1
12.0
11.9
1.2
4.0
25.1
23.9
1.2
5.6
2.2
-1.6
258.0
181.0
25.8
98.7
49.6
49.1
6.4
9.3
13.5
27.2
45.7
4.7
18.2
14.0
7.6
1.4
4.5
21.6
20.4
1.1
5.7
2.3
-1.6
274.7
187.1
24.0
105.5
55.6
49.9
6.7
10.6
13.8
26.5
50.4
4.2
18.2
19.5
2.4
-1.6
267.7
173.6
21.1
97.9
50.0
48.0
6.7
11.3
13.9
22.6
50.3
4.2
17.3
20.1
7.8
.8
5.1
34.0
32.8
1.2
5.9
2.2
1.0
336.8
359.4
363.0
364.0
292.4
211.6
197.5
175.9
21.7
14.1
79.9
.9
315.1
224.2
213.9
191.0
23.0
10.0
315.2
225.5
217.0
192.6
24.4
8.1
88.4
1.4
47.4
-2.9
311.7
225.6
212.2
189.0
23.4
13.2
84.9
1.2
51.0
-3.1
-.3
-.9
7.6
.9
5.1
27.0
26.0
1.0
6.0
89.7
1.2
50.6
-2.5
-.9
50.9
-1.9
-1.0
1. Consists of office buildings, except those constructed at industrial sites and those constructed by utilities for their
own use.
2. Consists of stores, restaurants, garages, service stations, warehouses, mobile structures, and other buildings used
for commercial purposes.
3. Consists of hotels and motels, buildings used primarily for social and recreational activities, and buildings not elsewhere classified, such as passenger terminals, greenhouses, and animal hospitals.
4. Consists primarily of streets, dams and reservoirs, sewer and water facilities, parks, and airfields.
5. Consists primarily of dormitories and of fraternity and sorority houses.
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar 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.
Chain-type quantity indexes for the series in this table are shown in table 7.7.
Saving and Investment
74
Table 5.8. Private Fixed Investment in Equipment and Software by
Type
Table 5.9. Real Private Fixed Investment In Equipment and Software by
Type
[Billions of dollars]
[Billions of chained (1996) dollars
Line
Private fixed investment in equipment and software
1998
1999
2000
898.7
960.8
886.4
951.6
446.9
93.3
877.1
Private fixed investment in equipment and software ..
1998
1999
2000
883.7
984.8
1,065.4
2001
875.4
975.9
1,056.0
988.2
Information processing equipment and software
Computers and peripheral equipment»
Software2
Communication equipment
Instruments
Photocopy and related equipment
Office and accounting equipment
429.3
147.7
147.1
85.6
36.1
13.9
8.0
508.1
207.4
169.3
102.5
37.9
10.7
7.1
583.3
246.4
184.4
132.1
40.1
9.5
7.5
548.5
239.9
9.5
7.5
404.3
74.2
180.4
90.6
43.6
8.0
7.6
150.4
13.4
5.7
34.2
38.3
34.0
24.8
164.9
13.8
7.0
35.3
44.4
36.6
27.8
159.0
13.7
9.3
31.3
41.0
34.4
29.3
145.6
12.7
4.6
34.5
36.4
147.5
13.5
5.4
33.6
37.2
160.8
13.9
6.6
34.6
43.0
153.8
13.4
8.8
30.5
39.4
34.0
33.0
35.3
32.9
168.2
98.1
40.5
20.0
2.6
7.0
194.7
112.3
43.1
29.1
2.7
7.6
189.7
107.4
40.5
31.5
3.2
7.1
165.8
90.1
34.1
33.7
3.2
4.7
Industrial equipment
Fabricated metal products
Engines and turbines
Metalworking machinery
Special industry machinery, n.e.c
General industrial, including materials handling,
equipment
Electrical transmission, distribution, and industrial
apparatus
23.4
24.8
27.3
28.7
143.7
35.9
14.9
12.8
20.9
4.7
15.4
14.1
24.9
145.6
38.1
12.8
9.9
21.6
5.6
16.5
14.4
26.8
153.4
40.6
13.7
10.8
21.7
5.2
16.4
16.4
28.4
150.8
35.7
14.5
12.0
19.9
6.5
16.1
17.9
28.2
Transportation equipment
Trucks, buses, and truck trailers
Autos
Aircraft
Ships and boats
Railroad equipment
168.2
100.0
39.2
19.7
2.5
193.2
112.4
42.5
28.3
2.6
186.6
106.5
40.8
29.3
2.9
163.6
90.5
35.4
29.8
2.9
3.9
3.2
7.1
141.1
35.1
14.7
12.5
20.2
4.5
15.0
14.5
24.5
7.7
141.8
37.1
12.5
9.5
20.4
5.3
15.9
14.9
26.2
7.2
148.5
39.2
13.4
10.3
20.4
5.0
15.7
17.3
27.4
4.8
144.5
34.0
14.1
11.3
18.5
5.9
15.3
19.0
26.8
818.9
889.8
363.4
84.2
140.1
81.2
36.3
13.7
8.0
402.3
90.4
162.5
93.7
38.2
10.5
7.0
179.4
116.6
40.6
Industrial equipment
Fabricated metal products
Engines and turbines
Metalwqrking machinery
Special industry machinery, n.e.c
General industrial, including materials handling, equipment
Electrical transmission, distribution, and industrial apparatus ..
147.6
12.7
4.7
34.9
37.1
34.7
23.5
Transportation equipment
Trucks, buses, and truck trailers
Autos
Aircraft
Ships and boats
Railroad equipment
Other equipment
Furniture and fixtures
Tractors
Agricultural machinery, except tractors
Construction machinery, except tractors
Mining and oilfield machinery
Service industry machinery
Electrical equipment, n.e.c
Other
Less: Sale of equipment scrap, excluding autos
8.2
Residential equipment
Addenda:
Private fixed investment in equipment and software
Less: Dealers' margin on used equipment
Net purchases of used equipment from government
Plus: Net sales of used equipment
Net exports of used equipment
Sale of equipment scrap
Equals: Private fixed investment in new equipment and software
Line
2001
827.1
Information processing equipment and software
Computers and peripheral equipment'
SoftwareCommunication equipment
Instruments
Photocopy and related equipment
Office and accounting equipment
Presidential equipment and software
827.1
8.2
1.2
39.4
.5
4.0
861.7
1. Includes new computers and peripheral equipment only.
2. Excludes software "embedded," or bundled, in computers and other equipment,
n.e.c. Not elsewhere classified.
August 2 0 0 2
898.7
8.1
1.0
39.3
.4
3.3
932.6
Nonresidential equipment and software
3.3
2.8
Other equipment
Furniture and fixtures
Tractors
Agricultural machinery, except tractors
Construction machinery, except tractors
Mining and oilfield machinery
Service industry machinery
Electrical equipment, n.e.c
Other
9.3
9.3
Less: Sale of equipment scrap, excluding autos
Residential equipment
960.8
8.8
1.0
38.5
-.2
3.4
8.6
.9
32.5
.0
2.9
992.7
912.4
Residual
;
182.0
105.8
42.6
8.0
7.8
4.5
4.1
3.8
3.5
8.3
9.0
9.4
9.5
-13.6
-37.8
-56.3
-56.5
1. Includes new computers and peripheral equipment only. Because of rapid changes in relative prices, the chaineddollar estimates for computers are especially misleading as a measure of the contribution or relative importance of this
component.
2. Excludes software "embedded," or bundled, in computers and other equipment.
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes us«<
weights of more than one period, the corresponding chained-dollar estimates are usually not additive. The residual line \i
the difference between the first line and the sum of the most detailed lines.
Chain-type quantity indexes for the series in this table are shown in table 7.8.
n.e.c. Not elsewhere classified.
August 2002
75
SURVEY OF CURRENT BUSINESS
Table 5.10B. Change in Private Inventories by Industry
[Billions of dollars]
Seasonally adjusted at annual rates
2002
2001
2000
1999
1998
1999
2000
2001
IV
I
II
III
IV
I
II
III
IV
III
IV
I
1
73 1
59 5
63 6
-60 3
75 4
74.7
27 7
46 8
88 9
46 8
89 2
61 1
57 1
-27 2
-57 1
-60 6
-96 5
-29 9
Farm
2
.9
-1.5
-2.2
1.6
3.6
7.1
.8
-9.6
-4.3
-11.9
2.3
-1.9
2.6
4.7
-3.0
1.8
3.0
5.3
1.5
Construction, mining, and utilities
3
53
-1.1
-3 4
76
6.2
3.1
-8
-3.7
-31
2.1
-4.4
-.8
-10.4
7.4
12.3
61
47
1 6
-1.4
Manufacturing
Durable goods industries
Nondurable goods industries
4
5
6
26.3
20.6
5.7
13.7
7.2
6.5
16.6
15.3
1.3
-35.9
-29.3
-6.5
21.8
17.0
4.8
13.4
9.5
3.9
.9
-3.9
4.8
13.4
7.9
5.6
26.9
15.2
11.7
14.1
10.4
3.7
24.0
18.7
5.3
13.3
11.2
2.1
14.9
21.0
-6.1
-18.7
-12.7
-6.0
-41.8
-30.8
-11.0
-43.3
-39.6
-3.7
-39.6
-34.3
-5.3
-31.1
-25.4
-5.8
-14.6
-13.0
-1.6
Wholesale trade.
Durable goods industries
Nondurable goods industries
7
8
9
22.2
17.2
5.0
17.3
12.3
4.9
19.3
12.1
7.1
-15.6
-19.7
4.0
19.8
16.9
2.9
18.0
12.6
5.4
4.2
7.2
-3.0
20.5
10.3
10.2
26.3
19.2
7.1
23.1
14.1
9.0
21.7
20.3
1.4
15.0
6.0
9.0
17.2
8.2
9.1
-4.7
-3.5
-1.2
-8.5
-23.6
15.1
-24.0
-24.9
.9
-25.4
-26.6
1.3
-19.5
-16.2
-3.3
-14.0
-7.9
-6.1
Retail trade
Motor vehicle dealers
Food and beverage stores
General merchandise stores
Other retail stores
10
11
12
13
14
14.4
2.2
1.1
.8
10.2
25.6
13.4
1.7
2.5
8.0
21.9
11.7
-.2
1.1
9.3
-20.7
-15.5
.6
-.5
-5.3
16.3
9.5
.2
-1.6
8.2
26.9
17.7
1.5
1.8
6.0
15.6
5.9
.7
.3
8.6
20.8
13.6
2.6
2.1
2.4
39.1
16.2
1.8
5.9
15.1
7.6
4.4
.2
-.3
3.3
33.0
19.5
-1.9
1.6
13.8
19.2
11.0
.6
-1.1
8.8
27.9
11.9
.5
4.1
11.4
-20.5
-20.7
1.2
5.6
-6.6
-17.5
-5.5
.2
-1.9
-10.3
-3.4
-1.1
-.4
-2.2
.4
-41.5
-34.7
1.3
-3.3
-4.7
13.8
13.9
-2.2
-4.5
6.7
21.8
16.1
.6
1.0
4.1
Other industries
15
41
5.7
11 4
27
78
6.3
7.0
54
40
11.9
12.6
163
4.8
4.6
1 4
22
23
0
59
Addenda:
Change in private inventories
Durable goods industries
Nondurable goods industries
16
17
18
73.1
44.6
28.5
59.5
37.5
22.0
63.6
44.1
19.4
-60.3
-65.0
4.7
75.4
49.6
25.8
74.7
44.6
30.1
27.7
12.2
15.5
46.8
35.4
11.4
88.9
57.8
31.1
46.8
35.7
11.1
89.2
63.6
25.6
61.1
33.2
28.0
57.1
44.0
13.1
-27.2
-37.2
10.0
-57.1
-62.8
5.6
-60.6
-65.2
4.7
-96.5
-95.0
-1.5
-29.9
-20.3
-9.7
-8
-2.5
1.7
Nonfarm industries
Nonfarm change in book value'
Nonfarm inventory valuation adjustment2
19
20
21
72.3
47 4
24.9
61.1
68 3
-7.2
65.8
88 2
-22.5
-61.9
-75 5
13.6
71.8
441
27.7
67.7
471
20.6
27.0
35 8
-8.9
56.4
77 6
-21.1
93.2
1128
-19.5
58.7
85 4
-26.7
86.9
1131
-26.2
63.0
74 6
-11.6
54.4
79 9
-25.5
-31.9
-271
-4.7
-54.1
-57 8
3.7
-62.3
-83 9
21.5
-99.5
-133 4
33.9
-35.3
-371
1.8
-2.3
65
-8.8
Wholesale trade
Merchant wholesale trade
Durable goods industries
Nondurable goods industries
Nonmerchant wholesale trade
22
23
24
25
26
22.2
19.6
15.0
4.6
2.7
17.3
15.4
11.1
4.3
1.9
19.3
16.2
9.8
6.4
3.0
-15.6
-12.6
-16.8
4.2
-3.1
19.8
15.4
13.1
2.3
4.4
18.0
15.4
10.2
5.2
2.6
4.2
2.6
5.5
-2.9
1.6
20.5
18.0
9.4
8.6
2.4
26.3
25.4
19.1
6.4
.9
23.1
19.3
10.9
8.4
3.8
21.7
19.9
19.4
.5
1.9
15.0
10.7
2.6
8.2
4.3
17.2
15.1
6.3
8.8
2.2
-4.7
-5.5
-4.1
-1.4
.8
-8.5
-5.8
-21.1
15.3
-2.7
-24.0
-17.1
-18.8
1.7
-6.9
-25.4
-21.9
-23.2
1.3
-3.5
-19.5
-16.2
-14.2
-2.1
-3.3
-14.0
-14.7
-9.2
-5.5
.7
Line
Change in private inventories
1998
1. This series is derived from the Census Bureau series "current cost inventories."
2. The inventory valuation adjustment (IVA) shown in this table differs from the IVA that adjusts business incomes. The
IVA in this table reflects the mix of methods (such as first-in, first-out and last-in, first-out) underlying inventories derived
I
II
II
-8
primarily from Census Bureau statistics (see footnote 1). This mix differs from that underlying business income derived
primarily from Internal Revenue Service statistics.
NOTE. Estimates in this table are based on the North American Industry Classification System (NAICS).
Table 5.11B. Real Change in Private Inventories by Industry
[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
80.0
62.8
Change in private inventories
1998
2000
2001
II
III
IV
91.5
63.1
59.9
-26.9
5.8
80.0
31.2
47.6
92.2
45.3
8.9
.8
-12.2
-5.4
-14.0
2.8
-1.9
3.0
-2.9
2.1
-4.0
-.5
-7.8
16.0
22.4
-5.7
2002
-98.4
-58.3
-28.9
3.6
-2.0
-2.5
5.5
-1.0
-2.6
6.4
Manufacturing
Durable goods industries
Nondurable goods industries
27.2
21.1
6.0
14.4
7.7
6.6
17.5
16.3
1.4
-36.2
-30.1
-6.3
22.7
17.7
5.0
14.4
10.4
4.0
1.4
-3.8
5.2
14.1
8.5
5.7
27.5
15.7
11.7
14.8
11.0
3.8
25.2
20.0
5.3
13.8
11.8
2.1
Wholesale trade
Durable goods industries
Nondurable goods industries
24.0
18.5
5.4
19.0
13.8
5.2
19.9
12.8
7.1
-16.5
-21.8
4.3
21.7
18.6
3.1
19.5
13.6
6.0
5.9
8.8
-2.9
21.6
11.1
10.5
28.9
21.6
7.4
23.0
13.8
9.1
22.4
21.5
1.5
16.4
7.3
8.9
Retail trade
Motor vehicle dealers
Food and beverage stores
General merchandise stores
Other retail stores
14.5
2.2
1.1
.8
10.3
25.6
13.5
1.6
2.5
8.1
21.6
11.7
-.2
1.1
9.2
-20.3
-15.5
.5
-.4
-5.2
16.4
9.6
.2
-1.6
8.3
27.0
18.0
1.4
1.7
6.0
15.8
6.0
.7
.3
8.8
20.8
13.8
2.5
2.1
2.5
38.8
16.3
1.7
5.8
15.0
7.7
4.4
.2
-.3
3.4
32.5
19.5
-1.8
1.6
13.6
18.9
11.0
.5
-1.1
8.5
27.4
11.8
7.2
5.5
4.0
11.8
12.3
16.0
-.8
.5
91.5
66.4
25.9
63.1
35.4
27.9
59.9
46.2
14.5
-26.9
-38.1
9.8
-58.3
-65.7
5.1
-61.8
-68.5
4.9
-98.4
-99.3
-28.9
-20.3
-8.8
Farm
Construction, mining, and utilities
2.6
Other industries
1.0
Residual
Addenda:
Change in private inventories
Durable goods industries
Nondurable goods industries
3.4
1.2
76.7
46.5
29.6
62.8
39.9
22.8
65.0
46.0
19.5
Nonfarm industries
75.0
64.1
67.2
Wholesale trade
Merchant wholesale trade
Durable goods industries
Nondurable goods industries
Nonmerchant wholesale trade
24.0
21.1
16.2
4.9
2.9
19.0
17.0
12.4
4.6
2.0
19.9
16.8
10.3
6.5
3.1
2.3
-18.6
-12.8
-5.8
-41.7
-31.4
-10.6
-44.1
-41.0
-3.7
-40.2
-35.2
-5.1
-31.9
-25.9
-6.0
-14.5
-13.2
-1.4
-3.6
-26.4
14.8
-25.1
-27.5
1.2
-26.8
-29.9
1.9
-19.8
-17.0
-3.2
-14.2
-8.3
-5.8
4^0
11.2
-20.2
-20.5
1.1
5.4
-6.5
-17.2
-5.4
.2
-1.9
-10.2
-3.3
-1.2
-.4
-2.1
.3
-40.6
-34.8
1.1
-3.2
-4.7
13.8
14.0
-2.0
-4.4
6.7
21.5
16.3
.5
1.0
4.1
4.6
4.5
1.4
2.3
5.9
1.0
52.2
27.5
80.0
47.2
32.6
31.2
14.2
16.9
-63.2
75.1
71.1
30.1
58.7
96.7
58.9
88.6
64.6
56.8
-32.6
-54.9
-63.6
-101.5
-35.1
-1.3
-16.5
-13.3
-18.7
4.5
-3.2
21.7
17.0
14.6
2.5
4.7
19.5
16.7
11.0
5.8
2.8
5.9
4.1
7.0
-2.9
1.8
21.6
19.1
10.1
8.9
2.5
28.9
28.1
21.4
6.8
.9
23.0
19.1
10.4
8.6
3.9
22.4
20.6
20.5
.6
1.9
16.4
12.1
3.6
8.2
4.3
17.7
15.5
6.6
8.7
2.2
-4.5
-5.3
-4.2
-1.0
.7
-9.5
-6.7
-23.7
15.2
-2.8
-25.1
-17.9
-20.7
2.0
-7.1
-26.8
-23.3
-26.1
1.9
-3.6
-19.8
-16.4
-14.8
-2.0
-3.4
-14.2
-15.0
-9.7
-5.2
.7
-61.4
-67.9
4.8
NOTE, Estimates in this table are based on the North American Industry Classification System (NAICS). Chained (1996)
dollar sei;ries for real change in private inventories are calculated as the period-to-period change in chained-dollar end-of-
1.0
47.6
37.2
10.5
92.2
61.0
31.4
45.3
36.1
9.6
1.0
-2.0
2.9
period inventories. Quarterly changes in end-of-period inventories are stated at annual rates. 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.
Saving and Investment
76
August 2 0 0 2
Table 5.12B. Private Inventories and Domestic Final Sales by Industry
[Billions of dollars]
Seasonally adjusted quarterly totals
Line
1998
2000
1999
2001
2002
IV
Private inventoriesl
1,325.6
1,346.6
1,365.0
1,390.4
1,452.7
1,480.6
1,498.8
1,524.8
1,529.5
1,507.7
1,475.5
1,430.1
1,429.4
1,433.4
Parm
93.0
101.3
101.9
98.7
102.5
100.7
95.9
102.5
110.0
107.4
101.2
100.8
104.7
103.4
Construction, mining, and utilities
33.3
33.5
34.8
35.6
36.0
39.1
40.0
44.3
42.7
39.8
39.3
39.5
42.0
Manufacturing
Durable goods industries
Nondurable goods industries
439.3
279.1
160.2
441.1
280.4
160.7
446.3
281.4
164.9
455.8
285.6
170.2
467.7
291.5
176.2
476.4
295.4
181.1
485.1
300.2
184.9
492.7
305.1
187.5
497.3
310.5
186.8
495.5
309.3
186.2
484.2
301.9
182.3
470.5
293.0
177.4
451.9
282-0
170.0
447.0
275.8
171.2
443.1
272.4
170.7
Wholesale trade
Durable goods industries
Nondurable goods industries
315.5
200.2
115.3
319.3
202.4
116.8
322.4
204.3
118.1
330.6
207.1
123.5
339.2
213.2
126.0
348.5
216.6
131.9
354.9
221.3
133.7
358.7
222.0
136.7
362.5
222.8
139.7
360.0
220.3
139.7
357.3
213.6
143.7
349.3
206.4
142.9
337.3
198.5
138.8
334.5
194.5
140.0
333.3
193.5
139.8
Retail trade
Motor vehicle dealers
Food and beverage stores
General merchandise stores
Other retail stores
354.9
107.7
29.5
59.9
157.9
111.1
29.9
60.2
159.6
366.3
113.3
30.2
60.3
162.5
374.2
117.8
31.2
61.1
164.1
385.0
122.1
31.6
62.7
168.7
388.0
122.8
31.8
62.7
170.7
397.5
128.5
31.5
63.1
174.4
403.0
131.5
31.8
62.9
176.8
411.6
135.7
32.1
64.0
179.9
407.2
129.9
32.9
65.7
178.6
402.8
128.1
33.2
65.4
176.1
401.8
127.9
33.3
64.9
175.7
388.9
118.3
33.5
63.9
173.3
392.4
121.1
33.1
62.6
175.6
398.0
124.9
33.0
62.9
177.2
89.6
90.7
93.2
95.5
97.2
101.3
105.2
109.5
111.0
112.4
113.3
112.9
111.9
111.4
113.6
1,325.6
655.8
669.8
1,346.6
663.9
682.6
1,365.0
670.0
695.0
1,390.4
682.6
707.8
1,452.7
710.7
742.0
1,480.6
727.3
753.3
1,498.8
737.1
761.7
1,524.8
747.9
776.9
1,529.5
738.4
791.1
1,507.7
722.0
785.7
1,475.5
705.6
769.9
1,430.1
676.9
753.2
1,429.4
671.5
757.9
1,433.4
671.8
761.6
1,232.6
1,245.3
1,263.0
1,291.7
1,423.5
700.6
722.9
1,324.6
1,350.3
1,379.9
1,402.9
1,422.3
1,419.4
1,400.3
1,374.3
1,329.4
1,324.7
1,330.0
315.5
271.5
172.8
98.7
43.9
319.3
274.5
174.6
322.4
276.3
176.0
100.3
46.1
330.6
282.9
178.6
104.3
47.7
339.2
290.8
184.5
106.2
48.4
348.5
298.0
187.1
110.9
50.5
354.9
303.5
191.6
111.9
51.5
358.7
305.8
191.5
114.3
52.9
362.5
309.5
191.9
117.5
53.0
360.0
307.2
189.5
117.7
52.8
357.3
305.1
183.5
121.6
52.2
349.3
299.5
178.0
121.5
49.8
337.3
290.3
171.1
119.3
47.0
334.5
287.4
167.6
119.9
47.0
333.3
285.5
166.2
119.3
47.8
626.9
345.4
634.5
348.0
643.6
353.5
653.3
357.3
664.7
363.7
676.5
372.0
685.3
374.6
377.1
696.6
376.9
707.4
383.7
709.7
384.1
712.1
381.6
718.5
386.4
723.8
387.2
724.6
382.9
2.11
1.97
3.57
2.12
1.96
3.58
2.12
1.96
3.57
2.13
1.98
3.62
2.14
1.99
3.64
2.15
2.00
3.63
2.16
2.01
3.68
2.17
2.03
3.72
2.19
2.04
3.77
2.16
2.01
3.70
2.12
1.97
3.65
2.07
1.93
3.60
1.99
1.85
3.44
1.97
1.83
3.42
1.98
1.84
3.47
Other industries
Addenda:
Private inventories
Durable goods industries
Nondurable goods industries
Nonfarm industries
Wholesale trade
Merchant wholesale trade
Durable goods industries
Nondurable goods industries
Nonmerchant wholesale trade
Final sales of domestic business2
Final sales of goods and structures of domestic business2
Ratios of private inventories to final sales of domestic business:
Private inventories to final sales
Nonfarm inventories to final sales
Nonfarm inventories to final sales of goods and structures
1. Inventories are as of the end of the quarter. The quarter-to-quarter change in inventories calculated from currentdollar inventories in this table is not the current-dollar change in the private inventories component of GDP. The former is
the difference between two inventory stocks, each valued at its respective end-of-quarter prices. The latter is the change in
the physical volume of inventories valued at average prices of the quarter. In addition, changes calculated from this table
are at quarterly rates, whereas, the change in private inventories is stated at annual rates.
1,423.5
2. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross
product of households and institutions and of general government, and it includes a small amount of final sales by farm
and by government enterprises.
NOTE. Estimates in this table are based on the North American Industry Classification System (NAICS).
Table 5.13B. Real Private Inventories and Real Domestic Final Sales by Industry
[Billions of chained (1996) dollars]
Seasonally adjusted quarterly totals
Line
Private inventories'
Farm
1999
1998
2000
1,392.3
1,412.3
1,420.1 1,432.0
1,455.1
1,466.4
108.4
110.7
107.8
106.5
103.0
Construction, mining, and utilities
1,489.3
38.0
37.8
36.9
36.2
36.7
35.7
2002
2001
1,505.1
1,520.1
1,513.3
1,498.8
1,483.3
1,458.7
1,451.5
1,451.7
103.2
104.0
105.4
104.6
105.1
106.0
107.6
108.2
33.6
34.9
38.9
40.0
Manufacturing
Durable goods industries
Nondurable goods industries
464.0
292.8
171.1
467.6
295.4
172.1
467.9
294.5
173.4
471.5
296.6
174.8
478.3
300.5
177.7
482.0
303.3
178.7
488.3
308.3
180.0
491.8
311.2
180.5
495.8
316.8
179.1
491.1
313.6
177.6
480.7
305.8
175.0
469.7
295.5
174.1
459.6
286.7
172.8
451.7
280.3
171.3
448.0
277.0
170.9
Wholesale trade
Durable goods industries
Nondurable goods industries
335.2
212.6
122.6
340.1
216.0
124.1
341.6
218.2
123.3
347.0
221.0
126.0
354.2
226.4
127.8
359.9
229.8
130.1
365.5
235.2
130.5
369.6
237.0
132.7
374.1
239.2
134.9
372.9
238.3
134.7
370.6
231.7
138.4
364.3
224.8
138.7
357.6
217.3
139.2
352.6
213.1
138.4
349.1
211.0
137.0
Retail trade
Motor vehicle dealers
Food and beverage stores
General merchandise stores
354.4
109.1
28.6
59.0
157.4
361.1
113.6
28.9
59.5
158.9
365.1
115.1
29.1
59.6
161.1
370.3
118.6
29.7
60.1
161.8
380.0
122.7
30.2
61.5
165.5
381.9
123.8
30.2
61.5
166.4
390.0
128.6
29.8
61.9
169.8
394.8
131.4
29.9
61.6
171.9
401.6
134.4
30.0
62.6
174.7
396.6
129.2
30.3
63.9
173.1
392.3
127.9
30.3
63.5
170.5
391.5
127.6
30.3
62.9
170.6
381.3
118.9
30.5
62.1
169.4
384.7
122.4
30.0
61.1
171.1
390.1
126.5
30.2
61.3
172.2
92.9
94.5
96.3
97.7
98.6
101.6
104.7
108.7
109.8
111.0
111.3
111.8
112.4
112.4
113.9
1.0
1.5
1.3
1.5
1.0
1.3
2.3
3.0
3.4
3.4
3.4
Other retail stores
Other industries
Residual
Addenda:
Private inventories
Durable goods industries
Nondurable goods industries
Nonfarm industries
Wholesale trade
Merchant wholesale trade
Durable goods industries
Nondurable goods industries
Nonmerchant wholesale trade
.6
1,392.3
683.6
707.4
1,412.3
695.4
715.6
1,420.1
698.9
719.8
1.432.0
708.2
722.4
1,455.1
723.5
730.3
1,466.4
732.5
732.7
1,489.3
749.1
739.2
1,505.1
757.9
746.1
1,520.1
769.5
749.8
1,513.3
760.0
752.2
1,498.8
743.5
753.5
1,483.3
726.4
754.7
1,458.7
701.6
754.5
1,451.5
696.5
752.3
1,451.7
696.0
753.0
1,283.7
1,301.4
1,309.0
1,323.6
1,347.8
1,362.5
1,384.7
1,400.8
1,415.0
1,406.8
1,393.1
1,377.2
1,351.8
1,343.1
1,342.7
335.2
288.0
183.7
104.3
47.3
340.1
292.1
186.4
105.7
48.0
341.6
293.2
188.2
105.0
48.4
347.0
297.9
190.7
107.2
49.0
354.2
305.0
196.1
108.9
49.3
359.9
309.7
198.7
111.0
50.2
365.5
314.9
203.8
111.2
50.7
369.6
317.9
204.7
113.2
51.8
374.1
321.8
206.4
115.4
52.3
372.9
320.4
205.3
115.1
52.5
370.6
318.8
199.4
118.9
51.8
364.3
314.3
194.2
119.5
50.0
357.6
308.5
187.7
119.9
49.2
352.6
304.4
184.0
119.4
48.3
349.1
300.6
181.5
118.1
48.5
Final sales of domestic business2
606.7
612.0
619.0
626.3
635.2
650.4
652.4
665.3
349.7
353.3
359.1
366.3
368.0
366.6
655.3
369.1
661.4
345.0
657.0
371.2
654.1
343.0
642.3
365.4
647.1
Final sales of goods and structures of domestic business2
366.8
371.6
373.3
664.6
369.3
2.29
2.12
3.74
2.31
2.13
3.77
2.29
2.11
3.74
2.29
2.11
3.75
2.29
2.12
3.75
2.28
2.12
3.73
2.30
2.14
3.78
2.31
2.15
3.81
2.33
2.17
3.86
2.30
2.14
3.79
2.29
2.13
3.77
2.27
2.11
3.75
2.21
2.04
3.64
2.18
2.02
3.60
2.18
2.02
3.64
Ratios of private inventories to final sales of domestic business:
Private inventories to final sales
Nonfarm inventories to final sales
Nonfarm inventories to final sales of goods and structures
1. Inventories are as of the end of the quarter. The quarter-to-quarter changes calculated from this table are at quarterly
rates, whereas the change in private inventories component of GDP is stated at annual rates.
2. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross
product of households and institutions and of general government, and it includes a small amount of final sales by farm
and by government enterprises.
NOTE. Estimates in this table are based on the North American Industry Classification System (NAICS).
Chained (1996) dollar inventory series are calculated to ensure that the chained (1996) dollar change in inventories
for 1996 equals the current-dollar change in inventories for 1996 and that the average of the 1995 and 1996 end-ofyear chain-weighted and fixed-weighted inventories are equal. Chained (1996) dollar final sales are calculated as the
product of the chain-type quantity index and the 1996 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 chaineddollar estimates are usually not additive. The residual line is the difference between the first line and the sum of the most
detailed lines for inventories.
August 2002
77
SURVEY OF CURRENT BUSINESS
Table 5.14. Gross Government Fixed Investment by Type
Table 5.15. Real Gross Government Fixed Investment by Type
[Billions of dollars]
[Billions of chained (1996) dollars]
Line
2000
1998
Federal
National defense .
Nondefense
State and local
Structures2
Federal
National defense
New
Buildings
Residential
Industrial
Military facilities3
Net purchases of used structures...
Nondefense
New
Buildings
Residential
Industrial
Educational
Hospital
Other4
Highways and streets
Conservation and development..
Other5
Net purchases of used structures...
State and local
New
Buildings
Residential
Industrial
Educational
Hospital
Other-*
Highways and streets
Conservation and development
Sewer systems
Water systems
Other *
Net purchases of used structures
Equipment and software2
Federal
National defense
Aircraft
Missiles
Ships ,
Vehicles
Electronics and software
Other equipment
Nondefense
State and local
49.4
36.7
93.4
52.3
41.1
95.9
53.5
42.4
99.7
55.5
44.2
191.0
211.3
223.9
236.2
159.0
16.6
5.4
5.4
1.9
1.4
.6
3.5
.0
11.2
10.5
4.6
175.3
16.9
5.3
5.3
1.9
1.3
.5
3.5
.0
11.6
10.8
4.3
183.5
16.1
5.3
5.3
1.9
1.3
.7
3.4
.0
10.8
10.5
3.9
193.4
15.9
5.4
5:4
2.3
1.5
.9
3.1
.0
10.4
10.9
3.9
.3
.0
.8
3.5
.3
3.5
2.0
.7
.3
.0
.7
3.4
.3
4.0
2.2
.9
.4
.0
.5
.6
.0
.4
2.8
.3
4.7
2.1
-.5
142.4
138.4
65.1
3.4
158.3
34.2
3.2
24.3
47.2
2.2
7.6
6.8
9.4
4.0
86.1
3.1
.3
4.1
2.2
.3
167.4
162.8
82.1
2.7
177.6
176.0
41.6
3.3
26.6
51.4
2.6
7.2
7.0
11.3
4.4
49.0
3.4
54.9
3.7
29.5
56.5
3.0
6.8
6.9
13.6
4.5
11.5
1.6
118.1
69.5
44.0
5.6
3.3
6.4
1.5
13.4
13.8
25.5
48.6
129.4
76.4
47.0
6.9
2.7
6.8
1.7
14.2
14.7
29.4
53.0
136.3
79.8
48.2
7.7
2.5
6.6
1.8
14.9
14,7
31.6
56.5
142.4
83.8
50.0
8.3
3.3
7.2
1.8
13.7
15.7
33.8
58.6
7.3
2.4
4.8
42.1
34.1
8.0
53.8
8.3
2.8
5.5
45.4
36.8
8.6
55.9
8.6
2.5
6.1
47.2
38.4
56.0
8.5
2.3
6.2
47.5
38.5
9.0
154.0
74.5
3.0
27.1
51.7
2.8
6.3
6.3
91.2
3.1
Addenda:
Government enterprise gross fixed investment..
Federal
Structures
Equipment and software
State and local
Structures
Equipment and software
1. Consists of general government and government enterprise expenditures for fixed assets.
2. Structures and software include compensation of government employees engaged in new own-account investment
and related expenditures for goods and services.
3. Consists of Department of Defense new structures, except family housing.
4. Consists primarily of general office buildings, police and fire stations, courthouses, auditoriums, garages, and
passenger terminals.
5. Consists primarily of electric and gas facilities, transit systems, and airfields.
2000
2001
Line
1998
1999
1
274.3
296.8
303.8
313.8
Federal
National defense
Nondefense
2
3
4
88.5
51.0
37.5
95.3
53.7
41.6
97.2
54.8
42.3
101.0
57.3
43.6
State and local
2001
335.8
Gross government fixed investment'
Gross government fixed investment'
5
185.8
201.4
206.5
212.8
Structures2
Federal
National defense
New
Buildings
Residential
Industrial
Military facilities3
Net purchases of used structures
Nondefense
New
Buildings
Residential
Industrial
Educational
Hospital
Other4
Highways and streets
Conservation and development
Other5
Net purchases of used structures
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
149.7
15.7
159.3
15.5
159.4
14.2
162.1
13.5
5.1
5.1
1.8
1.3
.5
3.3
.0
4.8
4.8
1.7
1.2
.5
3.2
.0
10.6
10.7
9.9
4.3
9.9
3.9
4.6
4.6
1.7
1.1
.6
3.0
.0
9.5
9.3
3.4
4.6
4.6
2.0
1.2
.7
2.6
.0
8.9
9.4
3.2
.3
.0
.7
3.3
.2
3.4
1.9
.7
.2
.0
.6
3.0
.2
3.8
2.0
.8
.3
.0
.4
2.6
.3
3.7
2.0
.2
.5
.0
.3
2.3
.2
4.2
1.8
-.4
State and local
New
Buildings
Residential
Industrial
Educational
Hospital
Other4
Highways and streets
Conservation and development
Sewer systems
Water systems
Other5...
Net purchases of used structures
Equipment and software2
Federal
National defense
Aircraft .
Missiles
Ships ....
Vehicles
Electronics and software
Other equipment
Nondefense
State and local
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
134.0
130.2
60.8
143.8
139.8
66.7
145.2
141.3
70.4
148.6
147.3
75.3
Residual
3.2
2.7
2.3
2.5
32.0
37.3
42.1
45.4
2.9
2.9
2.9
3.0
22.7
44.6
23.8
46.9
23.2
44.9
24.3
47.4
2.1
7.3
6.5
8.9
3.7
2.4
6.8
6.6
2.6
5.7
5.6
4.0
3.9
2.7
5.8
6.0
9.9
1.3
125.2
72.9
45.9
138.5
80.1
49.0
146.1
83.6
50.4
154.0
88.3
53.0
6.2
3.4
6.4
1.5
7.1
2.9
6.8
1.7
8.3
2.6
6.5
1.9
9.6
3.5
7.1
1.9
14.6
13.8
27.0
52.3
15.8
14.7
31.2
58.4
16.6
14.6
33.3
62.7
15.3
15.5
35.4
65.9
52
-.4
-1.1
-2.1
-2.1
53
54
47.8
7.5
51.1
8.7
51.4
8.8
50.4
8.7
55
56
57
58
59
2.3
5.3
26
6.1
2.2
6.7
1.9
7.0
40.4
32.3
42 6
33.8
42 7
33.7
41 9
32.8
8.2
8.9
9.1
9.3
10.4
12.0
Addenda:
Government enterprise gross fixed investment
Federal
Structures
Equipment and software
State and local
Structures
Equipment and software
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar 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, excluding the lines in the addenda.
Chain-type quantity indexes for the series in this table are shown in table 7.13.
See footnotes to table 5. !4.
78
Income and Employment by Industry
August 2002
6. Income and Employment by Industry.
Table 6.1C. National Income Without Capital Consumption Adjustment by Industry Group
[Billions of dollars]
Seasonally adjusted at annual rates
Line
National income without capital
consumption adjustment
1998
1999
2000
2001
1998
2001
2000
1999
2002
7,013.2 7,424.5
7,958.7
8,053.5 7,163.4
7,301.4
7,358.0
7,434.0
7,604.6 7,822.8
7,925.9
8,027.2
8,058.7
8,078.7
8,106.6
8,055.7
7,972.8 8,081.8
7,016.6 7,401.8
7,935.3 8,031.5 7,172.5
7,281.4
7,333.8
7,416.9
7,575.0 7,801.8
7,900.2
8,009.5
8,029.5
8,068.8
8,075.5
8,044.2
7,937.6 8,080.0
6,101.6
6,448.5
6,928.0 6,969.4 6,244.0
6,341.0
6,386.0
6,459.3
6,607.8
6,809.9
6,893.1
6,998.1
7,010.8
7,026.3
7,019.6
6,974.4
6,857.4 6,978.6
102.4
54.2
349.6
111.3
48.6
389.4
109.7
62.9
422.9
111.1
69.5
438.9
108.2
52.1
368.8
111.4
48.7
381.8
112.7
48.7
385.7
110.1
48.1
388.5
111.0
48.8
401.7
107.4
56.6
417.3
111.8
61.2
420.4
110.6
65.8
423.7
108.8
67.9
430.0
109.5
75.2
435.2
110.7
73.7
441.5
113.8
68.4
444.1
110.6
60.8
435.0
117.3
58.9
437.0
1,145.4
671.0
474.4
1,180.5
688.0
492.6
1,250.7
729.2
521.4
1,132.2
640.5
491.8
1,158.6
694.0
464.6
1,165.4
674.9
490.6
1,173.2
679.1
494.1
1,186.1
693.2
492.9
1,197.3
704.7
492.6
1,264.8
746.0
518.8
1,259.3
733.6
525.7
1,261.2
736.1
525.0
1,217.3
701.2
516.2
1,162.6
673.6
489.1
1,157.7
656.4
501.4
1,133.3
634.9
498.3
1,075.3
597.0
478.3
1,099.3
616.6
482.6
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary
services
495.9
224.6
142.8
511.4
234.0
144.1
530.5
243.7
149.4
529.9
236.6
148.4
501.9
229.2
142.0
502.2
229.2
141.8
499.0
231.2
140.0
512.9
234.0
143.5
531.5
241.7
151.0
521.4
238.3
143.8
527.2
247.8
144.8
535.3
245.1
151.5
538.3
243.7
157.5
545.2
240.6
153.5
542.6
241.3
152.6
535.8
238.5
150.5
496.1
226.0
137.1
510.1
233.9
139.8
128.5
133.2
137.4
144.9
130.7
131.2
127.7
135.3
138.8
139.3
134.7
138.7
137.1
151.1
148.7
146.8
132.9
136.4
Wholesale trade
Retail trade
Finance, insurance, and real
420.5
585.6
444.4
619.3
481.1
659.1
458.4
686.1
428.7
597.4
440.2
611.7
440.2
618.8
438.4
616.4
458.9
630.4
470.4
654.4
483.4
654.4
490.8
664.7
479.7
662.7
463.0
683.8
457.9
683.0
459.8
691.8
452.7
686.1
453.4
693.3
1,309.5
1,379.3
1,521.5
1,571.1
1,344.0
1,355.8
1,354.0
1,388.1
1,419.4
1,471.3
1,502.8
1,540.3
1,571.6
1,595.7
1,567.8
1,542.1
1,578.9
1,623.2
1,638.6
1,764.2
1,972.0
1,684.1
1,723.8
1,753.7
1,770.7
1,808.8
1,846.5
1,872.6
1,905.7
1,934.3
1,956.0
1,984.8
1,985.4
1,961.8
953.3 1,007.3 1,062.1
928.6
940.4
947.8
957.6
967.2
-9.2
20.0
24.3
17.1
29.6
Domestic industries
Private industries
Agriculture, forestry, and fishing
Mining
Construction
Manufacturing
Durable goods
Nondurable goods
Services
Government
Rest of the world .
915.1
-3.4
22.7
23.4
21.9
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
991.9 1,007.1 1,011.4 1,018.7 1,042.4 1,055.9 1,069.9 1,080.2 1,101.4
21.0
25.7
17.7
29.2
9.9
31.1
11.5
35.2
1.9
August 2002
79
SURVEY OF CURRENT BUSINESS
Table 6.2C. Compensation of Employees by Industry
Table 6.3C. Wage and Salary Accruals by Industry
[Millions of dollars]
[Millions of dollars]
Line
1
Compensation of employees
Domestic industries
Private industries'
1998
1999
2000
4,989,641
5,308,801
5,723,399
Line
5,874,879
2
4,994,637
5,314,546
5,729,274
5,881,042
3
4,079,585
4,361,287
4,721,994
4,818,943
46,375
18,648
27,727
49,786
19,341
30,445
52,656
19,314
33,342
57,497
21,544
35,953
Wage and salary accruals .
1
1998
~"
4,192,105
1999
4,475,588
'
2000
4,836,329
'
2001
4,950,605
2
4,197,101
4,481,333
4,842,204
4,956,768
3
3,504,384
3,757,166
4,073,263
4,145,921
Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and fishing .
4
5
6
40,816
16,193
24,623
43,643
16,478
27,165
46,253
16,563
29,690
50,496
18,394
32,102
Mining
Metal mining
Coal mining
Oil and gas extraction
Nonmetallic minerals, except fuels ....
30,532
2,478
4,642
18,918
4,494
29,256
2,446
4,328
17,827
4,655
31,204
2,161
4,091
20,205
4,747
33,844
1,996
4,422
22,555
4,871
Domestic industries
Private industries'
35,779
2,963
5,510
22,041
5,265
34,234
2,917
5,129
20,749
5,439
36,534
2,600
4,869
23,512
5,553
39,627
2,421
5,258
26,240
5,708
Construction
4
5
6
7
8
9
10
11
12
246,190
272,904
298,999
313,027
Construction
7
8
9
10
11
12
210,354
233,740
256,839
268,645
Manufacturing
13
896,419
926,201
981,781
939,155
Manufacturing
13
755,463
782,635
829,413
789,402
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
562,754
27,167
17,734
24,589
36,802
64,630
117,081
91,371
65,120
51,999
51,454
14,807
535,734
28,712
18,727
25,799
37,240
66,605
121,216
97,771
68,743
51,965
53,491
15,465
626,444
29,146
19,707
27,661
38,213
69,559
132,198
114,454
70,613
51,649
57,079
16,165
590,814
28,559
18,929
27,313
35,730
67,318
118,992
103,720
65,296
52,500
56,364
16,093
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment...
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries..
472,686
23,087
15,066
20,603
30,400
54,195
100,563
77,279
51,558
43,375
44,170
12,390
493,369
24,464
15,955
21,702
30,851
56,015
104,321
82,973
54,741
43,375
45,974
12,998
527,421
24,814
16,759
23,250
31,572
58,339
113,783
97,365
56,015
42,954
48,993
13,577
495,186
24,256
16,047
22,904
29,317
56,259
102,037
87,785
51,167
43,615
48,311
13,488
333,665
64,862
2,787
18,796
19,288
33,777
67,514
74,124
10,254
340,467
66,468
2,758
18,269
18,462
34,474
69,716
77,224
10,040
355,337
70,102
2,946
18,054
17,721
35,062
73,248
83,713
9,810
348,341
71,808
3,130
16,411
16,594
34,378
71,895
80,990
10,149
282,777
55,078
2,188
16,148
16,462
28,985
58,080
61,659
8,475
289,266
56,619
2,168
15,709
15,757
29,663
60,196
64,397
8,288
301,992
59,780
2,321
15,520
15,085
30,154
63,280
69,950
8,070
294,216
60,977
2,464
13,990
14,010
29,399
61,773
67,159
8,317
39,718
2,545
40,582
2,474
42,232
2,449
40,731
2,255
Nondurable goods
Food and kindred products
Tobacco products
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastics
products
Leather and leather products
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
33,523
2,179
34,345
2,124
35,730
2,102
34,208
1,919
Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and fishing .
Mining
,
Metal mining
Coal mining
Oil and gas extraction
Nonmetallic minerals, except fuels
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment.
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries
Nondurable goods
Food and kindred products
Tobacco products
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastics
products
Leather and leather products
:.
35
36
37
321,871
350,019
375,096
382,099
266,520
291,871
312,956
317,673
Transportation
Railroad transportation
Local and interurban passenger transit .
Trucking and warehousing"Water transportation
Transportation by air 2
Pipelines, except natural gas
Transportation services
38
39
40
41
42
43
44
45
176,899
16,946
11,245
66,363
8,785
55,055
187,764
17,023
11,952
70,671
9,068
59,591
1,000
18,459
198,545
16,749
12,684
74,287
9,667
64,005
1,018
20,135
203,768
16,759
13,272
75,765
10,043
66,426
1,092
20,411
Transportation
Railroad transportation
Local and interurban passenger transit..
Trucking and warehousing2
Water transportation
Transportation by air 2
Pipelines, except natural gas
Transportation services
38
39
40
41
42
43
44
45
145,060
12,602
9,541
54,694
7,311
45,129
155,015
12,656
10,185
58,645
7,588
49,281
163,976
12,415
10,814
61,625
8,100
52,887
14,939
15,810
17,270
167,777
12,383
11,291
62,623
8.392
54,721
925
17,442
Communications
Telephone and telegraph
Radio and television
46
47
48
49
89,306
67,147
22,159
114,010
86,828
27,182
62,541
113,175
84,956
28,219
Communications
Telephone and telegraph
Radio and television
46
47
48
49
74,901
56,012
18,889
87,644
66,277
21,367
96,406
73,142
23,264
95,286
71,216
24,070
55,666
103,714
78,733
24,981
58,541
46,559
49,212
52,574
54,610
50
335,828
359,519
385,755
379,752
Wholesale trade
50
288,747
309,254
332,293
325,688
531,075
531,995
Retail trade
51
392,550
420,523
449,515
465,818
Finance, insurance, and real estate
Depository institutions
Nondepository institutions
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service .
Real estate
Holding and other investment offices
52
53
54
55
56
57
58
59
368,061
80,039
32,861
83,772
73,491
31,909
46,464
19,525
395,757
83,358
34,787
95,771
77,637
33,701
49,811
20,692
434,720
84,543
35,473
120,994
80,274
35,800
53,588
24,048
459,937
90,230
42,046
124,161
83,936
38,956
57,620
22,988
60
61
62
63
64
65
66
67
68
69
70
1,151,341
37,180
23,868
264,150
30,181
11,616
19,152
37,871
335,777
59,690
53,986
1,250,487
40,453
25,313
309,610
32,594
11,856
19,779
41,316
349,595
63,581
57,978
1,380,070
43,495
26,784
363,879
35,172
12,256
21,052
45,082
368,492
69,846
63,057
1,434,418
43,722
28,563
355,624
36,637
12,844
21,435
45,929
396,845
75,067
68,314
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
94,288
47,763
46,525
169,942
13,640
692,717
179,496
142,513
87,614
54,899
36,983
101,619
51,339
50,280
184,404
12,389
724,167
184,222
146,475
90,174
56,301
37,747
109,876
56,420
53,456
207,845
13,234
768,941
195,598
154,845
96,000
58,845
40,753
513,221
480,474
255,411
225,063
32,747
539,945
505,640
269,529
236,111
34,305
573,343
537,090
287,229
249,861
36,253
116,749
62,197
54,552
221,113
11,576
810,847
197,378
157,914
95,609
62,305
39,464
613,469
572,373
305,171
267,202
41,096
87
88
89
-4,996
1,934
6,930
-5,745
2,210
7,955
-5,875
2,341
8,216
-6,163
2,382
8,545
Transportation and public utilities
Electric, gas, and sanitary services
Wholesale trade
993
17,512
65,156
Retail trade
51
448,698
478,563
511,114
Finance, insurance, and real estate
Depository institutions
Nondepository institutions
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service
Real estate
Holding and other investment offices
52
53
54
55
56
57
58
59
427,064
94,748
38,489
93,919
86,513
36,703
53,850
22,842
458,091
98,577
40,714
107,093
91,260
38,697
57,599
24,151
501,923
100,040
41,510
135,094
94,360
41,075
61,891
27,953
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health services
Legal services
Educational services
Social services and membership
organizations
Social services
Membership organizations
Other services3
Private households
60
61
62
63
64
65
66
67
68
69
70
1,321,361
42,801
26,861
301,202
34,235
13,264
21,776
43,513
393,083
67,834
62,390
1,431,970
46,437
28,441
351,919
36,996
13,499
22,480
47,274
408,567
72,180
66,841
1,578,136
49,802
30,078
412,930
39,809
13,947
23,933
51,547
430,446
79,170
72,643
1,644,716
50,191
32,128
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
106,341
55,337
51,004
194,081
13,980
915,052
270,161
215,262
129,828
85,434
54,899
114,376
59,270
55,106
210,248
12,712
953,259
277,699
221,496
134,369
87,127
56,203
123,692
65,086
58,606
236,574
13,565
1,007,280
293,678
233,437
142,052
91,385
60,241
644,891
604,420
323,707
280,713
40,471
675,560
633,337
340,095
293,242
42,223
713,602
669,207
360,574
308,633
44,395
131,746
71,803
59,943
252,269
11,881
1,062,099
300,286
240,534
144,305
96,229
59,752
761,813
711,554
382,057
329,497
50,259
Rest of the world
Receipts from the rest of the world
Less: Payments to the rest of the world s
87
88
89
-4,996
1,934
6,930
-5,745
2,210
7,955
-5,875
2,341
8,216
-6,163
2,382
8,545
Addenda:
Households and institutions
Nonfarm business
90
91
383,786
3,772,521
403,143
4,037,229
431,088
4,376,228
459,628
4,447,782
Government
Federal
General government
Civilian
Military 4
Government enterprises
State and local
General government
Education
Other1
Government enterprises'
106,840
49,161
138,866
98,832
44,766
66,628
26,902
405,062
41,571
14,652
24,443
52,647
464,063
85,255
78,808
1. Beginning with 2001, reflects the ^classification of employees of Indian tribal governments from the private sector in
accordance with the Consolidated Appropriations Act of 2001.
2. Reflects the r e c t i f i c a t i o n of air couriers from trucking and warehousing to transportation by air.
3. Consists of museums, botanical and zoological gardens; engineering and management services; and services, not
elsewhere classified.
4. Includes Coast Guard.
5. Includes estimates of foreign professional workers and undocumented Mexican migratory workers employed temporarily in the United States.
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
Transportation and public utilities
Electric, gas, and sanitary services .
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services .
Health services
Legal services
Educational services
Social services and membership
organizations
Social services
Membership organizations
Other servicesJ
Private households
Government
Federal
General government
Civilian
Military •»
Government enterprises .
State and local
General government.
Education
Other '
Government enterprises'
Rest of the world
Receipts from the rest of the world
Less: Payments to the rest of the world 5
844
850
865
1. Beginning with 2001, reflects the ^classification of employees of Indian tribal governments from the private sector in
accordance with the Consolidated Appropriations Act of 2001.
2. Reflects the reclassification of air couriers from trucking and warehousing to transportation by air.
3. Consists of museums, botanical and zoological gardens; engineering and management services; and services, not
elsewhere classified.
4. Includes Coast Guard.
5. Includes estimates of foreign professional workers and undocumented Mexican migratory workers employed temporarily in the United States.
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
August 2 0 0 2
Income and Employment by Industry
80
Table 6.4C. Full-Time and Part-Time Employees by Industry
Table 6.5C. Full-Time Equivalent Employees by Industry
[Thousands]
[Thousands]
Line
Full-time and part-time employees
Domestic industries
Private industries«
Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and fishing
Mining
Metal mining
Coalmining
Oil and gas extraction
Nonmetallic minerals, except fuels
1999
2000
2001
133,456
136,294
139,207
138,840
133,968
136,861
139,787
139,448
111,706
114,320
116,778
116,014
2,188
880
1,308
2,294
2,319
923
1,371
2,341
870
1,471
594
49
93
340
112
539
44
86
296
113
890
1,429
541
40
79
1998
568
35
82
338
113
6,296
6,704
7,007
7,038
18,923
18,673
18,567
17,702
11,270
840
534
566
715
1,517
2,211
1,710
997
900
873
407
11,178
858
550
572
11,179
10,632
804
524
572
646
1,470
2,006
1,627
941
812
840
390
Nondurable goods
Food and kindred products
Tobacco products
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastics products
Leather and leather products
7,653
1,695
40
597
769
679
1,593
1,040
135
1,018
87
7,495
7,388
1,697
37
560
1,700
35
534
640
657
1,576
1,569
1,038
79
126
1,017
72
7,070
1,702
34
475
564
629
1,508
1,017
124
954
63
Transportation and public utilities
Construction
Manufacturing
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
:
Industrial machinery and equipment
Electronic and other electric equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries
698
1,529
2,141
1,671
1,023
874
854
408
1,037
131
1,012
849
558
582
700
1,544
2,119
1,719
1,020
836
843
409
Full-time equivalent employees <
1
119,401
122,028
124,779
2
119,840
122,514
125,276
124,959
3
101,236
103,767
106,233
105,514
Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and fishing
4
5
6
1,979
754
1,225
2,066
791
1,275
2,078
763
1,315
2,085
746
1,339
Mining
Metal mining
Coalmining
Oil and gas extraction
Nonmetallic minerals, except fuels
7
8
9
10
11
582
49
91
333
109
528
44
84
290
110
530
40
77
302
111
556
35
80
331
110
Domestic industries
Private industries2
124,438
Construction
12
6,073
6,468
6,777
6,821
Manufacturing
13
18,502
18,277
18,159
17,319
Durablegoods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metalproducts
Industrial machinery and equipment
Electronic and other electric equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries
14
15
16
17
18
19
20
21
22
23
24
25
11,094
817
522
558
710
1,493
2,176
1,690
988
892
859
389
11,004
844
539
562
692
1,508
2,102
1,648
1,016
866
836
391
11,004
827
546
571
694
1,523
2,080
1,699
1,013
828
831
392
10,445
783
510
560
640
1,439
1,973
1,604
934
803
828
371
Nondurable goods
Food and kindred products
Tobacco products
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastics products ...
Leather and leather products
26
27
28
29
30
31
32
33
34
35
36
7,408
1,649
39
591
744
671
1,477
1,021
133
999
84
7,273
1,658
36
552
675
661
1,466
1,023
130
996
76
7,155
1,661
34
528
597
649
1,463
1,024
125
1,003
71
6,874
1,659
33
467
540
622
1,419
1,005
123
945
61
6,679
6,896
7,111
7,118
37
6,226
6,422
6,615
6,617
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing2
Water transportation
Transportation by air 2
Pipelines, except natural gas
Transportation services
4,341
223
473
1,777
185
1,199
13
471
4,480
221
4,589
212
500
1,885
194
1,297
13
4,558
203
506
1,877
192
1,286
14
480
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing3
Water transportation
Transportation by air 3 ....,
Pipelines, except natural gas
Transportation services
38
39
40
41
42
43
44
45
4,038
211
432
1,660
173
1,117
13
432
4,167
209
447
1,726
176
1,159
13
437
4,267
201
457
1,760
181
1,207
13
448
4,236
192
462
1,752
179
1,197
14
440
Communications
Telephone and telegraph
Radio and television
1,477
1,046
1,553
1,107
1,700
1,220
431
446
1,665
1,195
470
Communications
Telephone and telegraph
Radio and television
46
47
48
1,341
950
391
1,406
1,003
403
1,505
1,081
424
1,533
1,101
432
861
863
Electric, gas, and sanitary services
49
847
849
843
848
6,918
6,992
50
6,622
6,725
6,818
6,553
22,991
23,542
7,533
2,046
662
681
1,574
788
1,532
250
39,584
1,869
1,339
8,779
1,273
395
592
1,728
10,222
1,114
2,271
5,195
2,751
2,444
3,527
1,280
7,705
2,049
709
727
1,608
795
1,567
250
40,975
1,935
1,363
9,438
1,326
390
612
1,783
10,359
1,142
2,350
5,387
2,859
2,528
3,639
1,251
42,337
1,981
1,387
10,048
1,366
381
609
22,262
5,194
4,200
1,878
2,322
994
22,541
23,009
5,141
4,146
1,855
2,291
995
5,237
4,260
1,976
2,284
977
17,068
16,227
8,928
7,299
841
17,400
16,546
9,149
7,397
854
17,772
16,903
9,383
7,520
18,358
17,382
9,623
7,759
976
-512
-567
-580
-608
Electric, gas, and sanitary services
Wholesale trade
Retail trade
Finance, insurance, and real estate
Depository institutions
Nondepository institutions
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service
Real estate
Holding and other investment offices
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health services
Legal services
Educational services
Social services and membership organizations
Social services
Membership organizations
Other services3
Private households
Government
Federal
General government
Civilian
Military 4
Government enterprises
State and local
General government
Education
Other1
Government enterprises'
Rest of the world *
1,245
13
476
480
860
7,104
24,049
7,743
2,036
686
797
1,585
800
1,581
258
1,856
10,483
1,163
2,442
5,581
2,992
2,589
3,832
1,208
6,832
24,147
7,856
2,047
716
820
1,583
820
1,615
255
42,412
1,942
1,414
9,622
1,388
384
589
1,811
10,775
1,188
2,536
5,671
3,143
2,528
3,971
1.121
23,434
5,076
4,114
1,825
2,289
962
1. Beginning with 2001, reflects the r e c t i f i c a t i o n of employees in Indian tribal governments from the private sector in
accordance with the Consolidated Appropriations Act of 2001.
2. Reflects the reclassification of air couriers from trucking and warehousing to transportation by air.
3. Consists of museums, botanical and zoological gardens; engineering and management services; and services, not
elsewhere classified.
4. Includes Coast Guard.
5. Includes estimates of foreign professional workers and undocumented Mexican migratory workers employed temporarily in the United States.
MOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
Transportation and public utilities
Wholesale trade
Retail trade
51
19,053
19,609
20,190
20,245
Finance, insurance, and real estate
Depository institutions
Nondepository institutions
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service
Real estate
Holding and other investment offices
52
53
54
55
56
57
58
59
7,022
1,929
628
646
1,501
740
1,341
237
7,147
1,922
669
686
1,526
743
1,365
236
7,148
1,901
645
749
1,497
744
1,370
242
7,216
1,902
669
767
1,488
759
1,393
238
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures :
Amusement and recreation services
Health services
Legal services
Educational services
Social services and membership organizations....
Social services
Membership organizations
Other services4
Private households
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
35,177
1,643
1,175
8,168
1,212
368
467
1,394
9,127
991
1,991
4,462
2,430
2,032
3,297
882
36,525
1,710
1,204
8,787
1,269
365
485
1,449
9,257
1,016
2,063
4,640
2,538
2,102
3,418
862
37,918
1,759
1,228
9,401
1,313
358
485
1,531
9,387
1,035
2,148
4,822
2,669
2,153
3,618
833
38,102
1,733
1,255
9,016
1,341
363
472
1,493
9,674
1,057
2,237
4,920
2,818
2,102
3,768
773
76
77
78
79
80
81
18,604
4,207
3,416
1,845
1,571
791
18,747
4,167
3,370
1,821
1,549
797
19,043
4,198
3,416
1,869
1,547
782
19,445
4,119
3,338
1,790
1,548
781
82
83
84
85
86
14,397
13,528
7,226
6,302
869
14,580
13,705
7,367
6,338
875
14,845
13,964
7,567
6,397
881
15,326
14,334
7,784
6,550
992
87
-439
-486
-497
-521
Government
Federal
General government
Civilian
Military 5
Government enterprises
State and local
General government
Education
Other2
Government enterprises2
Rest of the world6
1. Full-time equivalent employees equals the number of employees on full-time schedules plus the number of
employees on part-time schedules converted to a full-time basis. The number of full-time equivalent employees in each
industry is the product of the total number of employees and the ratio of average weekly hours per employee for all
employees to average weekly hours per employee on full-time schedules.
2. Beginning with 2001, reflects the reclassification of employees of Indian tribal governments from the private sector in
accordance with the Consolidated Appropriations Act of 2001.
3. Reflects the reclassification of air couriers from trucking and warehousing to transportation by air.
4. Consists of museums, botanical and zoological gardens; engineering and management services; and services, not
elsewhere classified.
5. Includes Coast Guard.
6. Includes estimates of foreign professional workers and undocumented Mexican migratory workers employed temporarily in the United States.
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
August 2002
81
SURVEY OF CURRENT BUSINESS
Table 6.7C. Self-Employed Persons by Industry Group
Table 6.6C. Wage and Salary Accruals Per Full-Time Equivalent
Employee by Industry
[Thousands]
[Dollars]
Line
Wage and salary accruals per full-time
equivalent employee
1998
1999
2000
2001
34,616
36,677
36,578
36,208
38,759
38,652
38,343
39,784
39,667
39,293
20,625
21,476
20,100
52,460
50,571
51,011
56,811
41,229
21,124
20,832
21,306
55,409
55,591
51,524
61,472
42,318
22,258
21,708
22,578
58,875
54,025
53,130
66,904
42,766
24,219
Construction
34,638
36,138
37,899
39,385
Manufacturing
40,831
42,607
28,258
28,862
36,923
42,817
36,299
46,215
45,727
52,184
48,627
51,420
31,851
38,172
33,401
56,103
27,323
22,126
43,197
39,323
60,391
63,722
33,557
25,940
42,821
45,675
45,580
44,835
28,986
29,601
38,616
44,582
37,145
49,629
50,348
53,879
50,087
54,993
33.243
39,773
34,149
60,222
28,458
23,344
44,876
41,061
62,949
63,754
34,483
27,947
47,409
30,978
31,465
40,900
45,808
39,096
51,717
54,729
54,783
54,315
58,347
36,356
42,801
36,755
74,667
29,957
25,944
47,265
43,533
66,825
67,618
36,199
31,459
42,808
45,449
47,930
30,005
30,694
40,718
45,493
38,305
54,703
57,307
55,296
51,877
58,957
34,635
42,207
35,990
68,265
29,394
25,268
46,462
43,254
68,311
64,560
35,623
29,606
47,310
35,924
59,725
22,086
32,948
42,260
40,402
64,923
34,581
55,855
58,960
48,309
54,969
37,201
60,555
22,785
33,977
43,114
42,520
65,385
36,178
62,336
66,079
53,020
38,429
61,766
23,663
35,014
44,751
43,817
66,538
38,549
64,057
67,661
54,868
57,965
62,365
64,399
Wholesale trade .
43,604
45,986
48,738
49,701
Retail trade
20,603
21,445
22,264
23,009
52,415
41,492
52,326
129,678
48,961
43,120
34,649
82,384
55,374
43,370
51,999
139,608
50,876
45,358
36,492
87,678
60,817
44,473
54,997
161,541
53,623
48,118
39,115
99,372
63,738
47,440
62,849
161,879
56,409
51,325
41,364
96,588
32,730
22,629
20,313
32,340
24,902
31,565
41,011
27,167
36,789
60,232
27,115
21,131
19,656
22,896
51,544
15,465
34,236
23,657
21,024
35,235
25,685
32,482
40,781
28,513
37,765
62,580
28,104
21,901
20,228
23,920
53,951
14,372
36,396
24,727
21,811
38,706
26,788
34,235
43,406
29,446
39,256
67,484
29,356
22,786
21,139
24,829
57,447
15,887
37,647
25,229
22,759
39,444
27,321
35,383
45,413
30,763
41,022
71,019
30,538
23,729
22,071
25,952
58,682
14,975
37,235
42,666
41,719
47,487
34,945
46,755
35,648
35,517
35,346
35,713
37,684
38,628
44,210
43,464
49,519
36,347
47,361
37,033
36,895
36,586
37,253
39,206
40,379
46,593
45,329
51,364
38,038
52,114
38,622
38,462
37,958
39,059
41,150
41,700
47,919
47,308
53,413
40,249
50,530
40,028
39,931
39,205
40,794
41,427
35,109
Domestic industries..
35,023
Private industries'
Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and fishing
Mining
Metal mining
Coalmining
Oil and gas extraction
Nonmetallic minerals, except fuels
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries
Nondurable goods
Food and kindred products
...
Tobacco products
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastics products ....
Leather and leather products
Transportation and public utilities
Transportation
Railroad transportation
Local and interurban passenger transit..
Trucking and warehousing2
Water transportation
Transportation by air 2
Pipelines, except natural gas
Transportation services
Communications
Telephone and telegraph
Radio and television
Electric, gas, and sanitary services
Finance, insurance, and real estate
Depository institutions
Nondepository institutions
Security and commodity brokers >
Insurance carriers
Insurance agents, brokers, and service
Real estate
Holding and other investment offices
'....
....
....
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health services
Legal services
:
Educational services
Social services and membership organizations
Social services
Membership organizations
Other services3
Private households
Government
Federal
General government
Civilian
Military 4
Government enterprises
State and local
General government
Education
Other1
Government enterprises'....
24,657
23,975
60,871
57,029
55,275
68,142
44,282
48,009
39,607
64,495
24,439
35,744
46,883
45,715
66,071
39,641
62,157
64,683
55,718
Rest of the world ,
1. Beginning with 2001, reflects the r e c t i f i c a t i o n of employees of Indian tribal governments from the private sector in
accordance with the Consolidated Appropriations Act of 2001.
2. Reflects the reclassification of air couriers from trucking and warehousing to transportation by air.
3. Consists of museums, botanical and zoological gardens; engineering and management services; and services, not
elsewhere classified.
4. Includes Coast Guard.
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
Self-employed persons1
Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and fishing ....
Mining...
Construction
Manufacturing
Durable goods
1998
1999
10,341
10,121
1,327
902
425
16
1,555
386
219
167
9,944
1,263
872
391
16
1,591
348
210
138
9,850
1,257
862
395
25
1,529
363
226
137
10
11
429
301
1,354
428
290
399
280
435
241
1,345
662
4,112
1,233
692
1,240
4,122
4,115
1,366
951
415
20
1,529
431
255
176
2000
2001
Line
1
2
3
4
5
6
7
8
9
Nondurable goods
Transportation and public utilities
Wholesale trade
12
Retail trade
Finance, insurance, and real estate
Services
13
14
609
4,302
645
1. Consists of active proprietors or partners who devote a majority of their working hours to their unincorporated businesses.
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
Income and Employment by Industry
82
Table 6.8C. Persons Engaged in Production by Industry
Table 6.9C. Hours Worked by Full-Time and Part-Time Employees by
Industry Group
[Thousands]
Line
Persons engaged in production'
Domestic industries
Private industries2
Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and fishing
Mining
Metal mining
Coalmining
Oil and gas extraction
Nonmetallic minerals, except fuels
Construction
Manufacturing
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries
Nondurable floods
Food and Kindred products
Tobacco products
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastics products
Leather and leather products
Transportation and public utilities
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing3
Water transportation
Transportation by air 3
Pipelines, except natural gas
Transportation services
Communications
Telephone and telegraph
Radio and television
Electric, gas, and sanitary services
Wholesale trade
Retail trade
,
Finance, insurance, and real estate
Depository institutions
Nondepository institutions
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service
Real estate
Holding and other investment offices
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health services
Legal services
Educational services
Social services and membership organizations .
Social services
Membership organizations
Other services4
Private households
Government
Federal.:
General government
Civilian
Military 5
Government enterprises
State and local
General government
Education
Others
Government enterprises2
Rest of the world6
87
1999
2000
2001
129,742
130,181
111,577
3,345
1,705
1,640
602
49
93
349
111
7,602
18,933
11,349
896
543
569
711
1,514
2,211
1.700
995
903
865
442
7,584
1,673
39
598
774
672
1,577
1,026
134
1,006
85
6,655
4,437
211
486
1,954
185
1,123
13
465
1,365
960
405
853
6,923
20,407
7,631
1,933
643
732
1,501
881
1,704
237
39,479
1,697
1,803
8,987
1,520
591
644
1,496
9,526
1,225
2,100
5,025
2,993
2,032
3,983
132,149
134,723
134,288
132,635
135,220
134,809
113,888
116,177
115,364
3,393
1,693
1,700
544
45
85
304
110
3,341
3,342
1,608
112
1,734
581
36
81
354
110
8,023
8,368
8,350
1998
1,635
1,706
546
42
77
315
18,663
11,223
18,507
916
562
573
899
569
580
696
697
1,517
2,135
1,657
1,018
872
841
435
7,440
1,680
36
556
708
664
1,557
1,026
131
1,002
80
6,850
4,567
209
503
2,020
185
1,163
13
474
1,423
1,011
412
11,214
1,537
2,106
1,705
1,018
834
836
434
7,293
1,675
34
536
616
651
1,544
1,029
125
1,007
76
7,014
4,641
201
503
2,041
191
1,216
13
476
1,522
1,088
434
17,682
10,671
854
530
573
642
1,452
2,002
1,610
943
811
835
419
7,011
1,681
33
471
560
623
1,498
1,011
124
945
65
7,052
4,641
192
521
2,045
197
1,205
14
467
[Millions of hours]
Line
Hours worked by full-time and part-time
employees
857
7,015
7,098
6,794
20,954
21,423
21,485
7,809
1,928
691
796
1,526
873
1,759
236
7,840
1,904
667
873
1,497
893
1,764
242
7,861
1,904
690
855
1,488
909
1,777
238
40,637
1,759
1,831
9,567
1,557
552
659
1,547
9,647
1,219
2,164
5,188
3,086
2,102
4,085
862
42,040
1,818
1,879
10,197
1,589
538
652
1,636
9,770
1,222
2,265
5,354
3,201
2,153
4,287
833
42,217
1,792
1,878
9,850
1,601
564
634
1,601
10,040
1,261
2,371
5,432
3,330
2,102
4,420
773
18,604
4,207
3,416
1,845
1,571
791
18,747
4,167
3,370
1,821
1,549
797
19,043
4,198
3,416
1,869
1,547
782
19,445
14,397
13,528
7,226
6,302
14,580
13,705
7,367
6,338
875
14,845
13,964
7,567
6,397
881
15,326
14,334
7,784
6.550
992
-439
-486
-497
-521
4,119
3,338
1,790
1,548
781
1998
1999
2000
2001
232,808
225,823
230,421
234,652
Domestic industries
226,867
231,577
235,834
234,047
Private Industries
193,490
197,996
201,627
199,296
3,764
1,647
2,117
4,137
1,934
2,203
4,173
1,879
2,294
4,186
1,837
2,349
Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and fishing
Mining
Construction
Manufacturing
Durable goods
Nondurable goods
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary services
1,279
1,151
1,146
1,219
12,335
13,212
13,878
13,957
37,095
22,336
14,759
36,897
22,266
14,631
36,437
22,108
14,329
34,245
20,647
13,598
12,587
8,290
2,617
1,680
13,040
8,430
2,903
1,707
13,123
8,441
3,031
1,651
13,038
8,284
3,083
1,671
Wholesale trade
12,968
12,926
13,277
12,700
Retail trade
33,956
35,201
35,372
35,468
Finance, insurance, and real estate
13,125
13,502
13,367
13,482
66,381
67,930
70,854
71,001
33,377
29,957
3,420
33,581
30.153
3,428
34,207
30,805
3,402
34,751
-1,044
-1,156
-1,182
-1,239
....
Services
Government
General government
Government enterprises
Rest of the world»
31,166
3,585
1. Beginning with 1993, includes estimates of foreign professional workers and undocumented Mexican migratory
workers employed temporarily in the United States.
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
Table 6.10C. Employer Contributions for Social Insurance by Industry
Group
[Millions of dollars]
1,554
1,107
447
1. Equals the number of full-time equivalent employees plus the number of self-employed persons. Unpaid family
workers are not included.
2. Beginning with 2001, reflects the reclassification of employees of Indian tribal governments from the private sector in
accordance with the Consolidated Appropriations Act of 2001.
3. Reflects the reclassification of air couriers from trucking and warehousing to transportation by air.
4. Consists of museums, botanical and zoological gardens; engineering and management services; and services, not
elsewhere classified.
5. Includes Coast Guard.
6. Beginning with 1993, includes estimates of foreign professional workers and undocumented Mexican migratory
workers employed temporarily in the United States.
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
August 2 0 0 2
2000
2001
306,936
322,998
342,906
353,881
Domestic industries
306,936
322,998
342,906
353,881
Private industries
262,287
276,266
293,629
301,139
Agriculture, forestry, and fishing
3,080
3,413
3,472
3,836
Mining
2,397
2,261
2,366
2,563
Line
Employer contributions tor social insurance
1998
1999
Construction
17,058
18,915
20,166
21,045
Manufacturing •.
Durable goods
Nondurable goods
58,528
36,631
21,897
59,565
37,528
22,037
61,957
39.346
22,611
59,888
37,577
22,311
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary services
22,121
13,236
5,469
3,416
23,533
13,766
6,224
3,543
24,692
14,201
6,771
3,720
25.235
14,558
6,777
3,900
Wholesale trade
21,565
22,637
23,900
23,712
Retail trade
31,697
33,079
34,672
35,995
Finance, insurance, and real estate
25,757
27,266
29,637
31,686
Services
80,084
85,597
92,767
97,179
44,649
46,732
49,277
52,742
Government
Rest of the world
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
August 2002
83
SURVEY OF CURRENT BUSINESS
Table 6.11C. Other Labor Income by Industry Group and by Type
Table 6.12C. Nonfarm Proprietors' Income by Industry Group
[Millions of dollars]
[Millions of dollars]
Line
Other labor income
1998
2000
2001
621,195
621,646
8,973
10,007
10,074
9,939
12,987
10,631
10,239
8,168
544,164
570,393
490,600
510,215
544,164
570,393
Mining
Construction
69,180
76,438
79,690
Manufacturing
Durable goods
Nondurable goods
27,752
11,727
16,025
30,140
12,743
17,397
34,416
15,724
18,692
28,128
10,569
17,559
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary services
42,491
18,497
10,650
13,344
44,847
21,316
9,872
13,659
45,761
21,350
10,154
14,257
43,774
19,848
8,808
15,118
Nonfarm proprietors' income
Agricultural services, forestry, and fishing
312,914
327,855
355,102
371,883
2,479
2,730
2,931
3,165
Mining
2,850
2,717
2,964
3,220
Construction
18,778
20,249
21,994
23,337
Manufacturing
Durable goods
Nondurable goods
82,428
53,437
28,991
84,001
54,837
29,164
90,411
59,677
30,734
89,865
58,051
31,814
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary services
33,230
18,603
8,936
5,691
34,615
18,983
9,846
5,786
37,448
20,368
10,833
6,247
39,191
21,433
11,112
6,646
Wholesale trade
25,516
27,628
29,562
30,352
:
Retail trade
24,451
24,961
26,927
29,262
Finance, insurance, and real estate
33,246
35,068
37,566
40,372
Services :
Government
89,936
95,886
105,299
113,119
177,686
182,360
189,062
198,510
567,486
186,708
75,851
Rest of the world
By type
487,878
507,442
541,347
Pension and profit-sharing
Private pension and profit-sharing
Publicly administered government employee
retirement plans
Federal civilian'
Federal military2
State and local
177,636
178,922
69,670
183,213
73,820
108,618
39,137
26,298
43,183
109,252
40,123
26,574
42,555
109,393
.41,072
28,222
40,099
Private welfare funds
Group insurance
Group health insurance
Group life insurance
Workers1 compensation
Supplemental unemployment
310,242
272,280
260,837
11,443
35,882
2,080
328,520
291,784
280,096
11,688
34,796
1,940
358,134
318,801
306,437
12,364
37,490
1.843
110,857
42,273
29,408
39,176
380,778
339,644
327,391
12,253
39,211
1,923
2,722
2,773
2,817
2,907
Employer contributions to pension and welfare funds
'.
Other3
;
Wholesale trade
14,733
15,859
17,291
16,576
Retail trade
46,156
48,657
51,816
51,644
Personal contributions to publicly administered
/ernmentempk
leral civilian
State and local
923,121
494,817
298,144
2,029
172,208
47,269
32,172
92,767
373,758
334,368
314,315
20,053
37,507
1,883
859,837
457,379
273,722
183,657
49,778
33,222
100,657
402,458
360,223
343,297
16,926
40,469
1,766
32,407
9,547
22,860
34,739
10,254
24,485
36,790
10,934
25,856
39,009
11,527
27,482
743,376
394,566
232,812
798,406
424,648
252,440
161,754
45,864
31,452
84,438
348,810
310,378
292,200
18,178
36,403
196,673
51,839
34,655
110,179
428,304
382.797
365,312
17,485
43,665
1,842
1. Consists of civil service, foreign service, Public Health Service officers, Tennessee Valley Authority, Thrift Savings
Fund, and several small retirement programs.
2. Includes the Coast Guard.
3. Consists of judicial fees paid to jurors and to witnesses, compensation of prison inmates, and marriage fees paid to
justices of the peace.
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
81,058
97,788
98,593
98,715
244,236
2,517
18,112
60,960
11,034
5,906
3,613
10,771
50,253
41,631
39,439
255,190
2,368
18,509
66,514
9,924
5,678
4,336
11,239
51,790
43,374
41,458
273,315
2,516
17,259
71,766
10,811
7,685
5,177
10,588
55,887
46,116
45,510
281,834
1,977
18,523
70,392
10,544
7,690
5,778
10,746
59,487
49,530
47,167
Finance, insurance, and real estate
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health services
Legal services
1. Consists of educational services; social services; museums, botanical and zoological gardens; membership organizations; engineering and management services, except for commercial research and testing services and for management
and public relations; and miscellaneous services, not elsewhere classified.
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
Table 6.13C. Noncorporate Capital Consumption Allowances by Industry
Group
[Millions of dollars]
Addenda:
Benefits paid by pension and welfare funds
Pension and profit-sharing
Private pension and profit-sharing
Publicly administered government employee
retirement plans
Federal civilian'
Federal military2
State and local
Private welfare funds
Group insurance
Group health insurance
Group life insurance
Workers' compensation
Supplemental unemployment
1999
510,215
Agriculture, forestry, and fishing
2001
589,557
1998
490,600
By industry group
Domestic industries
Private industries
2000
547,566
Line
Line
1998
1999
2000
2001
1
247,481
272,253
295,228
322,850
20,389
17,435
2,954
21,719
18,303
3,416
22,016
18,503
3,513
23,180
19,181
Mining
2
3
4
5
8,191
9,983
11,043
11,475
Construction
6
6,668
7,920
8,839
9,636
Manufacturing
Durable goods '.
Nondurable goods
7
8
9
10
11
12
13
10,210
5,245
4,965
11,324
6,290
5,034
13,379
7,016
6,363
14,670
7,848
6,822
23,837
8,418
12,282
3,137
28,207
9,015
15,722
3,469
31,501
9,931
18,080
3,490
35,616
10,743
21,073
3,800
Wholesale trade
14
2,259
2,607
2,920
3,245
Retail trade
15
8,574
9,600
10,612
12,153
Finance, insurance, and real estate
Finance and insurance
Real estate
Owner-occupied nonfarm housing
Other
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
130,398
4,305
126,093
55,405
70,688
137,953
3,795
134,158
60,187
73,971
148,142
4,098
144,044
63,256
80,788
159.703
5.215
154,488
68,793
85,695
36,955
4,694
1,980
10,650
4,269
42,940
4,582
1 794
12,317
7,719
46,776
5,154
1 989
14,394
8,474
53,172
570
897
1,611
1,709
5,025
1,901
4,546
1,062
1,642
5,563
1,988
5,376
2,417
5,806
2,021
5,349
Noncorporate capital consumption allowances
Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and fishing
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary services
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health services
Legal services
Other'
923
249
1. Consists of educational services; social services; museums, botanical and zoological gardens; membership organizations; engineering and management services, except for commercial research and testing services and for management
and public relations; and services, not elsewhere classified.
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
Income and Employment by Industry
84
August 2 0 0 2
Table 6.15C. Net Interest by Industry Group
Table 6.14C. Inventory Valuation Adjustment to Nonfarm Incomes by
Legal Form of Organization and Industry Group
[Millions of dollars]
[Millions of dollars]
Line
1998
1999
2000
1
19,584
-5,113
-16,554
5,886
2
18,341
-4,224
-14,963
4,961
Mining
3
132
-261
-448
495
Construction
4
57
-184
65
41
Manufacturing
Durable goods
Nondurable goods
5
6
7
11,261
6,272
4,989
-183
1,097
-1,280
-8,559
-3,060
-5,499
-763
-2,150
1,387
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary services
8
9
10
11
270
272
-150
148
-581
-493
75
-163
-762
-343
92
-511
1,446
551
272
623
Wholesale trade
12
6,812
-728
-2,407
3,609
Retail trade
13
-412
-2,012
-2,339
180
Other
14
221
-275
-513
-47
Inventory valuation adjustment to nonfarm
Corporate business
15
1,243
-889
-1,591
925
Mining
16
21
-42
-74
81
Construction
17
33
-86
31
19
Manufacturing
Durable goods
Nondurable goods
18
19
20
647
248
399
-167
7
-174
-731
-212
-519
129
-43
172
Wholesale trade
21
469
-74
-199
278
Retail trade
22
7
-292
-366
49
Other
23
66
-228
-252
369
Noncorporate business
Line
1998
1999
2000
2001
Net interest
1
511,864
526,622
611,494
649,836
Domestic industries
2001
2
612,549
618,366
725,550
772,481
Agriculture, forestry, and fishing
3
10,886
11,208
11,925
11,887
Mining
4
3,210
3,633
4,985
5,368
Construction
5
1,567
2,328
3,255
3,610
6
7
8
56,238
15,545
40,693
66,854
21,325
45,529
75,411
25,762
49,649
81,4152
29,219
52,232
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary services
9
10
11
12
52,381
7,861
20,403
24,117
59,431
9,988
24,401
25,043
73,199
11,167
30,695
31,337
76,090
11,611
32,156
32,322
Wholesale trade
13
13,607
14,734
16,087
16,979
Retail trade
14
16,952
16,754
23,066
24,235
Finance, insurance, and real estate
Finance
Real estate
Other
15
16
17
18
436,479
59,719
389,066
-12,307
418,900
25,508
412,980
-19,588
491,924
57,361
458,202
-23,639
524,813
63,963
483,090
-22,239
Manufacturing
Durable goods
Nondurable goods
'..
Services
Rest of the world
Receipts from the rest of the world
Less: Payments to the rest of the world ...
19
21,230
24,525
25,700
28,04(5
20
-100,686
-91,744
-114,057
-122,645
21
22
138,867
239,553
139,109
230,853
177,215
291,272
142,147
264,792
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
Table 6.16C. Corporate Profits by Industry Group
[Billions of dollars]
Seasonally adjusted at annual rates
Line
Corporate profits with inventory valuation and
capital consumption adjustments
Domestic industries .
1998
694.9
102.3
518.5
183.0
461.8
173.5
407.4
142.9
527.2
162.0
532.8
120.2
143.3
150.8
100.7
113.4
21.6
144.5
43.8
160.3
46.9
1.2
-5.8
32.2
44.8
79.1
98.8
628.5
155.5
24.6
130.9
473.0
162.2
93.0
7.0
16.7
20.7
7.2
9.1
32.4
69.2
13.7
26.5
-1.7
30.6
71.1
20.1
15.5
35.6
53.3
76.7
109.6
760.5
647.1
175.1
24.4
150.8
471.9
159.1
67.0
3.4
16.0
5.1
2.1
8.0
32.3
92.1
27.4
30.7
-1.7
35.7
63.9
16.5
11.4
36.1
57.4
79.4
112.2
150.8
100.7
113.4
203.8
145.3
43.1
Other
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
Rest of the world
34
739.4
637.2
158.4
24.6
133.9
478.8
164.3
80.7
6.2
16.6
16.1
7.6
5.2
29.1
83.6
22.0
25.4
5.0
31.2
79.1
21.3
22.5
35.3
55.9
73.8
105.7
637.6
181.7
25.8
155.9
455.9
157.5
68.2
2.1
15.9
7.2
3.4
6.3
33.3
89.3
27.9
23.9
1.7
35.8
57.2
15.1
6.1
36.0
54.4
75.6
111.2
624.0
201.0
30.0
102.3
120.2
143.3
159.8
61.5
1.0
15.4
14.2
5.5
-2.2
27.6
98.3
25.8
17.2
26.1
29.1
36.6
12.8
-5.5
29.4
62.1
73.4
91.0
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
1999
1998
808.2
Rest of the world
Corporate profits with inventory valuation
adjustment
2001
675.2
144.5
530.7
Receipts from the rest of the world
Less: Payments to the rest of the world
2000
777.4
Financial
Nonfinancial
Domestic industries
Financial
Federal Reserve banks
Other
Nonfinancial
Manufacturing
Durable goods
Primary metal industries..
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment
Motor vehicles and equipment
Other
Nondurable goods
Food and kindred products
Chemicals and allied products
Petroleum and coal products
Other
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary services
Wholesale trade
Retail trade
1999
524.4
190.6
27.9
162.8
333.7
83.4
9.9
-1.6
9.0
-.6
-3.2
-9.4
15.7
73.5
16.6
15.2
25.7
16.0
27.7
802.1
156.0
2000
788.0
167.9
824.7
787.7
688.3
642.3
706.5
635.0
170.2
25.0
145.2
464.8
161.0
67.7
2.7
15.3
6.8
2.3
5.1
35.6
93.4
181.2
65.7
183.2
25.7
157.5
440.9
155.8
67.3
1.2
15.5
6.8
5.2
6.4
32.3
88.5
27.6
20.8
5.2
9.9
4.0
5.7
33.2
83.3
28.4
197.8
449.0
213.2
452.4
160.4
141.8
164.7
132.0
201.3
55.9
203.2
48.2
187.8
51.7
178.4
18.0
167.2
25.3
156.1
-8.5
161.4
29.4
774.3
642.7
201.7
29.3
784.2
642.7
193.1
29.7
163.4
449.7
176.1
71.0
1.7
16.0
13.2
8.7
-.5
31.8
105.1
25.8
18.1
30.3
30.9
35.7
16.8
-9.3
28.2
66.7
74.1
97.1
772.3
626.9
204.5
30.3
174.2
422.4
160.7
60.9
.2
15.3
16.6
5.0
-2.9
26.6
99.8
28.5
14.8
30.4
26.2
34.4
12.7
-8.0
29.7
67.1
74.0
86.1
738.6
583.6
204.9
30.9
174.0
378.8
134.6
44.8
.0
11.2
15.7
4.6
-6.1
19.3
89.8
20.3
15.3
31.0
23.2
32.8
8.7
-1.4
25.5
57.4
67.9
86.1
696.9
560.8
208.2
30.4
177.7
352.6
92.3
25.9
-3.5
10.3
9.4
1.4
-8.0
16.3
66.4
12.3
8.0
29.6
16.6
36.6
4.6
-2.8
34.8
45.2
75.7
102.8
714.0
553.6
191.6
28.8
162.8
362.0
99.2
17.0
-.6
10.5
.9
-1.3
-10.1
17.6
82.2
18.0
16.1
28.9
19.3
34.3
3.5
-5.2
36.1
41.0
77.8
109.8
663.2
521.4
162.7
27.3
135.4
358.7
91.1
11.6
-.1
8.5
-5.2
-4.6
-6.4
19.4
79.5
17.8
18.0
25.0
18.8
33.3
1.8
-3.9
35.3
45.9
82.6
105.7
626.3
461.6
-11.2
22.7
46.9
80.5
76.7
509.3
218.2
23.4
194.8
291.1
68.9
2.5
.5
5.2
-4.9
-6.2
-11.8
19.7
66.4
18.9
15.1
14.1
18.3
15.0
-.5
-9.3
24.8
41.2
81.4
84.6
141.4
145.4
154.9
136.1
141.8
164.7
132.0
172.4
441.0
167.6
69.3
2.0
18.9
11.1
3.8
.9
111.0
104.7
115.5
115.5
136.5
131.6
34.9
53.1
12.8
3.0
37.3
50.0
71.0
14.0
2.6
38.4
58.6
16.1
4.0
38.5
56.4
72.3
142.3
403.0
209.9
34.1
53.3
15.2
6.0
32.1
53.7
79.8
116.9
.9
665.6
167.8
393.1
201.0
69.5
32.5
98.3
28.6
20.5
12.9
36.3
43.6
12.8
-3.4
34.1
57.3
77.7
94.7
28.2
30.2
797.6
646.7
186.1
781.0
644.5
154.0
70.7
1.2
16.7
811.4
545.3
184.7
410.0
190.6
54.2
170.3
446.1
687.2
560.9
186.1
456.2
490.9
198.4
28.1
721.4
175.8
490.1
182.4
505.9
115.5
170.0
54.5
2002
2001
200.1
25.0
175.2
261.5
50.9
-14.9
-2.2
6.8
-7.5
-8.4
-13.3
9.7
65.8
18.3
18.5
19.4
9.5
6.5
-5.1
641.3
August 2002
Table 6.17C. Corporate Profits Before Tax
by Industry
Table 6.18C. Federal, State, and Local Corporate Profits Tax Liability
by Industry
[Millions of dollars]
[Millions of dollars]
Line
Corporate profits before tax
1998
1999
2000
2001
721,107
762,105
782,293
670,159
618,848
641,870
638,957
519,399
Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and fishing ..,
3,019
4,534
1,271
3,263
4,785
5,121
Mining
Metal mining
Coalmining
Oil and gas extraction
Nonmetallic minerals, except fuels
2,115
-630
-203
11,623
15,766
Domestic industries
325
2,694
Construction
Manufacturing
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries
Nondurable goods
Food and kindred products
Tobacco products
Textile mill products
Apparel ana other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastics products ...
Leather and leather products
949
404
-834
-222
2,737
1,999
-1,277
32,531
38,022
153,035
74,427
3,613
3,545
6,149
4,912
15,819
15,001
5,761
4,935
6,388
4,419
3,885
157,686
67,072
5,449
3,622
6,852
1,900
15,608
6,929
2,741
6,062
9,969
2,966
4,974
78,608
21,012
875
2,376
2,208
5,124
13,028
24,897
2,828
5,870
390
90,614
27,513
Communications
Telephone and telegraph
Radio and television
22,684
22,068
6,008
12,211
-6,203
:
Finance, insurance, and real estate
Depository institutions
Federal Reserve banks
Commercial and mutual depository institutions
Nondepository institutions
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service
Real estate
Holding and other investment offices
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Other services
Health services
Legal services
Educational services
Other1
;
Rest of the world2
Receipts from the rest of the world
Less: Payments to the rest of the world
499
1,246
-5,591
-6,046
259,369
199,301
638
459
179
714
631
1,388
155
146
106
981
954
2,355
2,954
82
68
386
418
3,713
45,545
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries
32,452
825
1,010
1,810
1,532
3,604
8,892
4,898
4,375
2,019
2,373
1,114
32,577
1,213
948
2,060
1,178
3,501
7,854
5,500
4,271
3,248
1,789
1,015
34,354
14,523
Nondurable goods
Food and kindred products
Tobacco products
Textile mill products
Apparel and other textile products
Paper and allied products
,
Printing and publishing
Chemicals and allied products
;
Petroleum and coal products
Rubber and miscellaneous plastics products ...
Leather and leather products
32,647
7,506
671
660
737
1,590
5,153
11,762
3,238
1,193
137
37,903
43,357
31,022
33,915
35,945
32,108
27,742
5,624
491
71
2,320
255
1,824
305
358
4,801
397
62
3,787
2,030
14,252
12,842
1,410
15,438
11,314
4,124
16,306
13,418
12,294
Transportation and public utilities
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
Communications
Telephone and telegraph
Radio and television
11,037
1,818
634
612
2,035
5,234
12,267
2,900
1,305
2,202
201
1,369
251
319
36,177
29,876
31,604
14,039
15,706
12,015
55,101
64,549
41,164
Wholesale trade
10,619
12,085
13,874
8,576
77,637
75,773
78,962
Retail trade
18,450
19,468
19,577
19,520
174,415
99,015
24,575
74,440
22,572
14,185
15,107
6,100
8,037
9,399
197,925
114,753
25,790
222,617
211,099
Finance, insurance, and real estate
Depository institutions
Federal Reserve banks
Commercial and mutual depository institutions
Nondepository institutions
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service
Real estate
Holding and other investment offices
90,603
50,656
26,561
24,095
4,734
6,109
22,775
1,622
2,377
2,330
87,659
49,281
25,410
23,871
5,523
10,232
15,735
1,513
2,312
3,063
95,487
85,155
51,650
1,782
3,815
14,771
2,053
1,238
-2,383
911
52,748
3,203
3,299
7,252
1,752
13,076
17,559
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Other services
Health services
Legal services
Educational services
Other1
14,120
926
1,003
16,096
1,040
516
8,589
422
148
419
457
4,505
12,782
5,465
35,170
49,044
74,172
29,463
13,804
3,989
1,270
10,400
28,215
9,679
4,681
5,751
8,535
26,311
1,361
-881
755
36,007
18,631
4,543
952
11,881
102,259
120,235
143,336
150,760
145,347
43,088
175,539
55,304
203,847
60,511
172,397
21,637
1. Consists of social services; membership organizations; engineering and management services, except for commercial
research and testing services and for management and public relations; and services, not elsewhere classified.
2. Consists of receipts by all U.S. residents, including both corporations and persons, of dividends from their incorporated foreign affiliates, their share of reinvested earnings of their incorporated foreign affiliates, and earnings of unincorporated foreign affiliates (line 75), net of corresponding payments (line 76).
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
247,790
624
431
193
4,761
72,084
652
238,847
77,711
103,763
26,210
2001
199,301
4,465
12,059
13,102
2000
259,369
70,480
64,569
37,387
1999
247,790
4,029
Manufacturing
2,873
1,966
1,787
6,797
16,410
24,379
3,012
5,597
280
'..,
1998
238,847
65,099
Construction
15,628
6
415
8,072
358
5,032
616
Mining
Metal mining
Coal mining
Oil and gas extraction
Nonmetallic minerals, except fuels
84,143
57,813
49
Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and fishing
39,375
21,013
342
685
8,851
832
7,547
1,109
1,647
Electric, gas, and sanitary services
Domestic industries
40,815
78,867
Wholesale trade
Line
Corporate profits tax liability
168,332
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
Transportation and public utilities
Retail trade
85
SURVEY OF CURRENT BUSINESS
Electric, gas, and sanitary services
6,029
357
143
829
565
4,268
2,062
210
185
1,811
1,984
203
186
2,132
Rest of the world
1. Consists of social services; membership organizations; engineering and management services, except for commercial research and testing services and for management and public relations; and services, not elsewhere classified.
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
Income and Employment by Industry
86
August 2 0 0 2
Table 6.19C. Corporate Profits After Tax by Industry
Table 6.20C. Net Corporate Dividend Payments by Industry
[Millions of dollars]
[Millions of dollars]
Line
Corporate profits before tax .
Domestic industries
Agriculture, forestry, and fishing
Farms
:
Agricultural services, forestry, and fishing
Mining
Metal mining
Coalmining
Oil and gas extraction
Nonmetallic minerals, except fuels '.
;
Construction
Manufacturing
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries
...
Nondurable goods
Food and Kindred products
Tobacco products
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
,
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastics products .
Leather and leather products
Transportation and public utilities
Transportation
Railroad transportation
Local and interurban passenger transit.
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
Communications
Telephone and telegraph
Radio and television
Electric, gas, and sanitary services
1998
1999
2000
2001
482,260
514,315
522,924
470,858
380,001
394,080
379,588
320,098
2,395
4,071
4,490
-106
2,501
3,896
812
3,084
727
-785
-349
-550
-916
-290
9,268
843
2,351
1,018
-1,695
28,502
33,557
87,936
41,975
2,788
2,535
4,339
3,380
12,215
6,109
863
560
4,369
2,046
2,771
87,206
34,495
4,236
2,674
4,792
722
349,510
383,144
3,730
1,945
1,785
3,987
4,188
12,812
Mining
Metal mining
Coal mining
Oil and gas extraction
Nonmetallic minerals, except fuels
4,242
238
357
1,866
2,478
189
302
1,201
4,231
5,257
36,054
35,662
Construction
18,195
19,785
90,621
38,598
Manufacturing
81,785
83,802
30,215
-2,464
25,626
24,467
56,159
59,335
41,062
44,952
21,868
5,279
-1,532
15,389
-149
614
6,531
577
5,723
804
1,289
10,827
-391
353
5,870
9,315
-1,378
8,432
9,226
-794
-9,430
157
3,663
248
927
-21,897
-19,464
17,861
19,310
50,675
32,588
56,196
59,442
127,130
125,944
897
-10,327
Wholesale trade
38,425
Retail trade
55,722
Finance, insurance, and real estate
Depository institutions
Federal Reserve banks
Commercial and mutual depository institutions .
Nondepository institutions
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service
Holding and other investment offices .,
83,812
48,359
-1,986
50,345
17,838
8,076
-7,668
4,478
5,660
7,069
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services ....
Other services
Health services
Legal services
Educational services
Other'
37,530
856
2,812
8,742
1,696
1,095
-3,212
346
25,195
11,742
3,779
1,085
8,589
36,652
2,163
2,783
-1,337
1,330
1,213
-1,300
298
31,502
16,647
4,340
766
102,259
120,235
143,336
150,760
145,347
43,088
175,539
55,304
203,847
60,511
172,397
21,637
Rest of the world2
Receipts from the rest of the world
Less: Payments to the rest of the world .
43,016
58,169
110,266
65,472
380
65,092
22,692
-553
-11,054
4,238
6,223
23,248
294
12,094
9,749
1. Consists of social services; membership organizations; engineering and management services, except for commercial
research and testing services and for management and public relations; and services, not elsewhere classified.
2. Consists of receipts by all U.S. residents, including both corporations and persons, of dividends from their incorporated foreign affiliates, their share of reinvested earnings of their incorporated foreign affiliates, and earnings of unincorporated foreign affiliates (line 75), net of corresponding payments (line 76).
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
2001
409,627
299,591
12,107
-925
-2,759
1,791
6,721
1,177
3,959
20,471
2000
376,140
3,375
1,446
1,929
1,471
3,534
7,875
13,135
-410
4,677
253
21,131
1999
328,398
309,179
60,406
1,716
1998
348,706
Agriculture, forestry, and fishing
Farms
;....
Agricultural services, forestry, and fishing .
52,711
16,476
1,055
1,332
1,175
4,762
11,176
12,112
112
4,292
219
45,961
13,506
204
Line
Net corporate dividends .
Domestic industries
Durable goods...:
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries
:
Nondurable goods
Food and kindred products
Tobacco products
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastics products
Leather and leather products
Transportation and public utilities
Transportation
Railroad transportation
Local and interurban passenger transit .
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
1,781
786
12,783
15,460
85,821
30,948
1,641
668
1,042
740
71,275
5,956
-1,557
6,586
10,498
1,564
1,647
2,163
,
27,131
3,089
845
1,055
1,361
6,193
1,035
4,836
3,992
1,343
907
2,475
54,873
17,540
-1,364
1,017
1,039
3,360
4,651
19,891
6,630
1,986
123
44,144
10,135
-2,874
558
1,073
39,117
39,402
39,490
42,172
5.377
521
238
5,393
984
228
4,876
5,073
2,164
363
396
542
2,098
344
425
525
789
20,901
22,641
1,153
2,973
4,435
17,350
7,571
2,802
121
Communications
Telephone and telegraph
Radio and television
16,347
15,404
Electric, gas, and sanitary services .
17,393
14,503
13,713
14,458
Wholesale trade
22,058
19,314
22,722
26,586
Retail trade
21,534
25,575
24,111
28,695
Finance, insurance, and real estate
Depository institutions
Federal Reserve banks
Commercial and mutual depository institutions
Nondepository institutions
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service
Real estate
Holding and other investment offices
82,035
27,068
343
26,725
3,936
11,062
8,170
2,861
13,882
15,056
84,997
24,793
374
118,239
135,641
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Other services
;
Health services
Legal services
i
Educational services
Other"
38,214
37,360
1,914
1,558
11,360
1,333
502
599
2,087
18,007
36,750
37,018
Rest ot the world
Receipts from the rest of the world 2
Less: Payments to the rest of the w o r l d i
943
1,767
2,204
15.278
1,359
449
665
2.115
14,377
5,630
1,496
320
6,931
19,506
17,829
1,677
24,419
5.923
6,667
1,117
3,503
13,560
29,434
6,768
2,093
524
8,622
39,527
28,807
26,630
26,483
80,403
40,876
79,771
50,964
80,424
53,794
67,625
41,142
1. Consists of social services; membership organizations; engineering and management services, except for commercial
research and testing services and for management and public relations; and services, not elsewhere classified.
2. Consists of (1) receipts by U.S. residents of dividends from foreign corporations, plus (2) earnings distributed by
unincorporated foreign affiliates to their U.S. parents.
3. Consists of (1) payments by U.S. corporations of dividends to foreign residents, plus (2) earnings distributed by
unincorporated U.S. affiliates to their foreign parents.
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
August 2002
87
SURVEY OF CURRENT BUSINESS
Table 6.21C. Undistributed Corporate Profits by Industry
Table 6.22C. Corporate Capital Consumption Allowances by Industry
[Millions of dollars]
[Millions of dollars]
Line
Undistributed corporate profits
Domestic industries
1999
2000
185,917
146,784
61,231
70,822
94,489
30,078
-63,046
166
84
302
7,555
Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and fishing
-1,552
572
-1,133
1,299
Mining
Metal mining
Coalmining
Oil and gas extraction
Nonmetallic minerals, except fuels
-3,515
-1,023
-706
-1,023
-763
-3,028
-1,105
-592
1,150
-2,481
5,037
Construction
15,719
18,097
17,859
15,877
2,115
15,931
8,836
-45,204
7,364
1,147
1,829
3,737
4,589
-26,931
Nondurable goods
Food and kindred products
Tobacco products
,
....
Textile mill products
:.,.
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastics products ...
Leather and leather products
-8,912
-4,034
1,568
699
432
174
3,224
4,247
-18,273
-639
5,914
-1,960
-7,595
-2,201
5,378
270
1,484
102
1,789
6,741
-5,238
-6,756
-7,040
-7,459
2,691
1,490
-17,534
-34,211
-43,704
Transportation
Railroad transportation
Local and internrban passenger transit
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
10,012
-670
376
4,367
5,434
-1,375
125
3,772
4,439
-6,451
214
5,327
262
-187
3,238
-277
138
Communications
Telephone and telegraph
Radio and television
-7,915
-6,178
-1,737
-16,932
-12,004
3,738
5,968
Electric, gas, and sanitary services
136
-42,798
-42,105
4,148
4,852
16,367
23,702
27,953
6,002
Retail trade
34,188
32,594
32,085
30,747
1,777
25,269
8,891
-9,697
21,291
40,679
6
40,673
16,769
-7,220
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures
:
Amusement and recreation services
Other services
Health services
:
Legal services
Educational services
Other'
Rest of the world
Receipts from the rest of the world 2
Less: Payments to the rest of the world 3
-2,329
23,620
13,902
-2,986
-15,838
1,617
-8,222
-7,987
-684
-911
608
-6,536
337
646
-3,877
-12,171
735
-7,337
-6,186
-708
249
1,225
-12,697
-3
-36,456
-24,924
711
10,818
6,112
2,283
765
1,658
-1,899
-1,789
13,495
9,879
2,247
242
1,127
62,732
91,428
116,706
124,277
64,944
2,212
95,768
4,340
123,423
6,717
104,772
-19,505
-1,769
1. Consists of social services; membership organizations; engineering and management services, except for commercial
research and testing services and for management and public relations; and services, not elsewhere classified.
2. Consists of receipts by all U.S. residents of their share of the reinvested earnings of their incorporated foreign affiliates and reinvested earnings of their unincorporated foreign affiliates.
3. Consists of payments to foreign residents of their share of the reinvested earnings of their incorporated U.S. affiliates
and reinvested earnings of their unincorporated U.S. affiliates.
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
5,275
3,396
1,879
5,756
3,735
2,021
5,943
6,611
Mining
Metal mining
12,462
1,698
12,931
14,044
15,739
Coal mining
1,322
4,384
1,233
4,477
5,058
14,457
16,405
17,493
19,404
223,413
230,019
222,737
243,443
135,625
3,378
1,394
4,925
6,632
9,492
18,053
32,505
43,326
7,391
5,741
2,788
141,458
3,405
1,556
5,132
7,019
10,118
18,637
32,592
45,053
8,563
6,388
2,995
137,727
151,136
87,788
14,296
2,321
2,691
1,406
10,548
5,374
25,155
20,187
5,578
232
88,561
14,387
2,406
2,599
1,378
9,848
5,603
26,085
19,866
6,207
182
85,010
92,307
Agriculture, forestry, and fishing
Farms
Agricultural services, forestry, and fishing
Manufacturing
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries
Nondurable goods
Food and kindred products
Tobacco products
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastics products ...
Leather and leather products
1,907
5,314
120,904
135,775
147,405
172,266
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
33,902
4,526
36,940
5,229
38,146
43,197
1,648
13,676
1,678
10,677
860
837
1,895
14,285
1,705
11,896
971
Communications
Telephone and telegraph
Radio and television
51,786
46,121
5,665
63,670
55,475
8,195
73,069
88,128
959
35,216
35,165
36,190
40,941
Wholesale trade
54,179
58,688
61,541
69,653
Retail trade
47,931
Electric, gas, and sanitary services
Wholesale trade
Finance, insurance, and real estate
Depository institutions
Federal Reserve banks
.....
Commercial and mutual depository institutions
Nondepository institutions
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service
Real estate
Holding and other investment offices
2001
845,577
Transportation and public utilities
130
5,835
Transportation and public utilities
2000
741,873
Construction
11,027
1,147
1,867
3,297
2,640
6,259
7,666
-5,723
-9,938
2,805
399
608
8,567
6,341
3,929
774
1999
713,341
Corporate capital consumption allowances
Oil and gas extraction
Nonmetallic minerals, except fuels
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products,
Primary metal industries
Fabricated metal products
Industrial machinery and equipment
Electronic and other electric equipment
Motor vehicles and equipment
;
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries
Manufacturing
1998
658,146
Line
2001
1998
133,554
Finance, insurance, and real estate
Depository institutions
Federal Reserve banks
Commercial and mutual depository institutions
Nondepository institutions
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service
Real estate
Holding and other investment offices
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Other services
Health services
Legal services
Educational services
Other1
46,593
247
46,346
11,882
5,618
15,382
1,844
8,705
3,909
85,592
4,948
2,502
39,123
12,732
811
4,841
1,624
19,011
9,325
774
;
612
8,300
50,517
54,363
63,810
106,872
117,567
136,349
100,780
118,302
52,492
250
52,242
15,769
7,325
15,027
1,734
9,678
4,847
96,378
5,433
2,544
47,948
14,980
797
2,673
1,915
20,088
9,621
858
671
8,938
1. Consists of social services; membership organizations; engineering and management services, except for commercial
research and testing services and for management and public relations; and services, not elsewhere classified..
NOTE. Estimates in this table are based on the 1987 Standard Industrial Classification (SIC).
88
August 2002
Quantity and Price Indexes
7. Quantity and Price Indexes
Table 7.1. Quantity and Price Indexes for Gross Domestic Product
[Index numbers, 1996=100]
Seasonally adjusted
Line
Gross domestic product:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
1998
1999
2000
2001
1999
1998
2000
2002
2001
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
1
2
3
4
112.39
108.91
103.20
103.20
118.70
113.39
104.69
104.69
125.74
117.64
106.89
106.89
129.04
117.94
109.42
109.42
114.99
110.94
103.66
103.65
116.38
111.78
104.12
104.12
117.39
112.32
104.52
104.51
119.24
113.74
104.84
104.83
121.80
115.70
105.28
105.27
123.50
116.44
106.08
106.07
125.69
117.82
106.69
106.68
126.39
117.99
107.13
107.12
127.40
118.31
107.68
107.68
128.35
118.13
108.66
108.65
128.63
117.66
109.32
109.32
129.24
117.58
109.92
109.92
129.95
118.37
109.78
109.78
132.00
119.84
110.14
110.14
132.72
120.16
110.46
110.46
5
6
7
8
111.81
108.52
103.03
103.03
119.27
113.88
104.73
104.73
127.61
118.83
107.39
107.39
133.40
121.76
109.56
109.56
114.35
110.45
103.54
103.53
116.02
111.72
103.86
103.85
118.29
113.28
104.44
104.43
120.28
114.56
105.00
104.99
122.47
115.96
105.62
105.61
125.10
117.46
106.52
106.51
126.75
118.34
107.11
107.11
128.61
119.46
107.67
107.66
129.99
120.07
108.26
108.26
131.83
120.78
109.15
109.15
132.88
121.20
109.64
109.64
133.34
121.64
109.62
109.62
135.56
123.42
109.84
109.84
136.98
124.37
110.14
110.14
138.49
124.95
110.84
110.83
Durable goods:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
9
10
11
12
112.45
117.87
95.40
95.40
122.61
131.80
93.03
93.03
130.40
142.58
91.46
91.46
135.60
151.16
89.70
89.70
117.63
124.46
94.49
94.51
118.20
126.14
93.69
93.71
121.64
130.45
93.23
93.24
124.11
133.68
92.83
92.84
126.50
136.94
92.37
92.38
131.13
142.67
91.91
91.91
129.66
141.34
91.74
91.74
131.49
144.12
91.24
91.24
129.32
142.18
90.95
90.96
132.49
146.09
90.68
90.70
133.07
148.00
89.89
89.91
133.66
149.66
89.29
89.31
143.17
160.91
88.95
88.97
139.34
158.30
88.00
88.02
139.15
159.24
87.36
87.38
Nondurable goods:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
13
14
15
16
108.54
107.14
101.31
101.31
116.27
112.14
103.69
103.69
125.34
116.50
107.59
107.59
129.68
118.79
109.17
109.17
110.82
108.98
101.70
101.69
112.64
110.29
102.15
102.13
115.27
111.60
103.30
103.29
116.98
112.30
104.18
104.16
120.18
114.35
105.12
105.10
122.42
114.97
106.49
106.48
124.83
116.36
107.28
107.28
126.35
116.96
108.04
108.04
127.76
117.73
108.53
108.53
129.06
118.40
109.00
109.00
129.90
118.31
109.80
109.80
129.88
118.69
109.42
109.42
129.88
119.76
108.45
108.45
132.47
122.07
108.52
108.52
133.77
121.89
109.74
109.75
Services:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
17
18
19
20
113.37
107.43
105.53
105.53
120.14
111.43
107.81
107.81
128.22
115.67
110.85
110.85
134.88
117.98
114.32
114.32
115.51
108.55
106.41
106.41
117.32
109.73
106.92
106.92
119.18
110.92
107.45
107.44
121.21
112.16
108.08
108.07
122.84
112.92
108.79
108.78
125.27
114.14
109.76
109.75
127.16
115.14
110.45
110.44
129.20
116.24
111.16
111.15
131.27
117.19
112.03
112.02
133.13
117.37
113.43
113.42
134.39
117.80
114.08
114.08
135.07
118.07
114.40
114.40
136.95
118.69
115.39
115.38
138.83
119.54
116.15
116.14
140.79
120.42
116.91
116.91
21
22
23
24
123.82
125.37
98.77
98.77
131.71
133.62
98.56
98.57
141.26
141.86
99.60
99.58
127.62
126.71
100.76
100.73
127.89
129.73
98.57
98.58
130.20
132.00
98.63
98.64
128.58
130.40
98.59
98.60
131.80
133.86
98.46
98.47
136.26
138.23
98.58
98.57
137.72
139.04
99.09
99.05
143.75
144.70
99.38
99.34
142.14
142.46
99.81
99.78
141.42
141.25
100.11
100.13
134.48
133.72
100.62
100.56
128.52
127.43
100.88
100.86
126.73
125.75
100.79
100.78
120.77
119.93
100.73
100.70
125.49
125.05
100.35
100.35
127.85
127.52
100.26
100.26
25
26
27
28
120.86
122.04
99.03
99.03
130.06
131.54
98.87
98.87
139.51
139.52
100.00
100.00
135.76
134.20
101.16
101.16
124.83
126.31
98.83
98.83
127.26
128.68
98.90
98.90
129.47
130.91
98.90
98.90
131.20
132.81
98.79
98.79
132.30
133.77
98.90
98.90
137.26
138.01
99.46
99.46
139.94
140.26
99.78
99.77
140.61
140.32
100.21
100.21
140.22
139.47
100.54
100.53
140.05
138.71
100.97
100.97
136.41
134.70
101.27
101.27
134.86
133.23
101.22
101.23
131.71
130.16
101.19
101.19
131.06
129.99
100.82
100.82
131.08
130.08
100.77
100.77
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
29
30
31
32
122.44
126.29
96.95
96.95
130.47
136.57
95.53
95.53
140.73
147.23
95.59
95.59
133.59
139.55
95.73
95.73
125.82
130.68
96.27
96.28
127.86
133.13
96.03
96.04
129.82
135.69
95.67
95.68
131.70
138.23
95.27
95.28
132.51
139.25
95.16
95.16
137.48
144.21
95.33
95.33
141.01
147.77
95.43
95.43
142.69
149.06
95.73
95.73
141.73
147.86
95.86
95.85
139.90
145.81
95.96
95.95
134.53
140.20
95.97
95.96
132.09
138.06
95.69
95.68
127.83
134.13
95.31
95.31
125.28
132.13
94.82
94.81
124.40
131.59
94.55
94.54
Structures:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
33
34
35
36
125.52
116.53
107.72
107.72
126.10
114.96
109.69
109.69
139.66
122.47
114.04
114.04
144.22
120.43
119.76
119.76
127.80
117.83
108.45
108.45
126.90
116.61
108.82
108.82
125.79
115.09
109.30
109.30
124.42
113.22
109.89
109.89
127.27
114.91
110.76
110.76
133.12
118.68
112.20
112.17
137.10
121.03
113.31
113.28
142.64
124.52
114.58
114.55
145.78
125.63
116.07
116.04
148.31
124.64
119.01
119.00
146.62
121.95
120.23
120.23
147.56
122.82
120.14
120.14
134.38
112.30
119.66
119.67
128.16
108.09
118.56
118.57
123.42
104.09
118.56
118.57
Equipment and software:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
37
38
39
40
121.41
129.80
93.54
93.54
131.94
144.69
91.18
91.18
141.09
156.58
90.11
90.11
130.05
146.51
88.76
88.76
125.16
135.36
92.44
92.47
128.18
139.24
92.04
92.06
131.17
143.40
91.46
91.47
134.13
147.69
90.80
90.82
134.26
148.45
90.44
90.45
138.94
153.91
90.27
90.28
142.31
157.95
90.10
90.10
142.71
158.31
90.15
90.15
140.38
156.14
89.91
89.91
137.10
153.63
89.25
89.24
130.50
146.77
88.93
88.92
126.94
143.28
88.60
88.59
125.65
142.39
88.26
88.25
124.32
141.41
87.93
87.92
124.73
142.43
87.59
87.57
41
42
43
44
116.31
110.17
105.58
105.58
128.86
117.58
109.59
109.59
136.00
118.88
114.40
114.40
141.98
119.22
119.09
119.09
122.00
114.10
106.95
106.92
125.54
116.22
108.04
108.02
128.45
117.60
109.23
109.22
129.77
117.86
110.11
110.11
131.67
118.64
110.98
110.98
136.63
121.02
112.88
112.89
136.88
120.09
113.97
113.98
134.64
117.21
114.85
114.87
135.86
117.21
115.90
115.91
140.46
119.55
117.49
117.49
141.81
119.39
118.78
118.78
142.81
119.50
119.50
119.51
142.83
118.44
120.60
120.60
147.67
122.44
120.61
120.61
150.26
123.94
121.24
121.24
Exports of goods and services:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
45
46
47
48
110.38
114.67
96.26
96.26
113.18
118.55
95.47
95.47
125.97
130.09
96.83
96.83
118.30
123.10
96.10
96.10
112.07
117.32
95.52
95.52
109.73
115.25
95.21
95.21
110.98
116.46
95.30
95.29
114.03
119.44
95.48
95.47
117.96
123.05
95.88
95.87
120.79
125.35
96.36
96.36
125.60
129.71
96.84
96.83
129.37
133.32
97.04
97.03
128.10
131.97
97.08
97.06
125.84
129.93
96.87
96.85
121.22
125.70
96.46
96.44
115.05
119.89
96.00
95.97
111.09
116.89
95.06
95.03
111.82
117.89
94.88
94.85
115.69
121.20
95.48
95.45
Exports of goods:
Current dollars
Chajn-type quantity index
Chain-type price index
Implicit price deflator
49
50
51
52
110.17
116.90
94.25
94.25
112.76
121.29
92.98
92.98
126.94
134.98
94.05
94.05
118.62
126.97
93.42
93.42
111.90
120.12
93.16
93.16
108.88
117.30
92.82
92.82
110.02
118.64
92.75
92.74
113.70
122.38
92.91
92.91
118.46
126.82
93.42
93.41
120.78
128.89
93.71
93.71
125.87
133.80
94.08
94.07
131.71
139.88
94.17
94.16
129.41
137.33
94.25
94.24
127.31
135.19
94.19
94.17
121.38
129.39
93.84
93.82
114.57
122.89
93.26
93.23
111.20
120.40
92.39
92.36
109.93
119.36
92.14
92.10
114.48
123.65
92.61
92.58
Exports of services:
Current dollars
Chajn-type quantity index
Chain-type price index
Implicit price deflator
53
54
55
56
110.88
109.39
101.37
101.37
114.17
112.13
101.82
101.82
123.60
118.91
103.94
103.94
117.53
114.18
102.94
102.94
112.49
110.78
101.55
101.54
111.78
110.36
101.29
101.28
113.31
111.28
101.82
101.82
114.83
112.56
102.02
102.01
116.77
114.33
102.14
102.14
120.79
117.13
103.13
103.13
124.97
120.28
103.90
103.90
123.70
118.47
104.42
104.42
124.92
119.76
104.32
104.31
122.27
117.91
103.71
103.70
120.84
117.17
103.15
103.13
116.22
112.87
102.99
102.97
110.81
108.77
101.89
101.87
116.38
114.24
101.90
101.87
118.63
115.40
102.83
102.80
57
58
59
60
115.94
127.03
91.27
91.27
128.67
140.88
91.34
91.33
152.28
159.48
95.49
95.49
143.60
154.91
92.70
92.70
118.76
131.32
90.43
90.43
119.99
134.01
89.57
89.54
125.84
138.89
90.65
90.60
132.01
143.67
91.94
91.88
136.84
146.93
93.19
93.13
143.96
152.07
94.69
94.67
150.67
158.70
94.96
94.94
157.38
163.91
96.03
96.02
157.10
163.23
96.26
96.24
152.91
159.93
95.66
95.61
147.99
157.15
94.22
94.17
136.89
152.32
89.93
89.87
136.60
150.26
90.97
90.91
138.87
153.37
90.61
90.55
149.94
161.67
92.81
92.74
Imports ol goods:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
61
62
63
64
115.05
127.59
90.17
90.17
129.32
143.19
90.31
90.31
153.78
162.51
94.63
94.63
144.39
157.18
91.87
91.87
117.87
132.44
88.99
89.00
119.94
135.67
88.44
88.41
126.31
141.12
89.56
89.51
132.90
146.26
90.93
90.87
138.12
149.72
92.32
92.26
145.03
154.59
93.85
93.82
152.37
161.91
94.12
94.11
159.05
167.15
95.17
95.16
158.67
166.40
95.37
95.36
153.41
162.44
94.48
94.44
147.20
158.49
92.92
92.88
141.10
154.54
91.36
91.31
135.87
153.24
88.71
88.66
136.36
154.63
88.24
88.19
148.95
164.77
90.45
90.40
Imports of services:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
65
66
67
68
120.61
124.16
97.14
97.14
125.27
129.42
96.80
96.80
144.42
144.47
99.97
99.97
139.44
143.71
97.03
97.03
123.39
125.73
98.15
98.14
120.24
125.79
95.60
95.59
123.36
127.88
96.48
96.47
127.36
130.86
97.35
97.32
130.12
133.14
97.77
97.74
138.35
139.53
99.17
99.15
141.81
142.76
99.35
99.34
148.65
147.87
100.54
100.52
148.87
147.70
100.80
100.79
150.33
147.81
101.74
101.71
152.14
150.84
100.91
100.86
11-4.87
141.21
81.38
81.34
140.41
134.98
104.08
104.02
151.98
145.69
104.37
104.31
155.06
145.73
106.46
106.40
Personal consumption expenditures:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Gross private domestic investment:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Fixed investment:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Presidential:
Residential:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Imports of goods and services:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
See note at the end of the table.
August 2002
89
SURVEY OF CURRENT BUSINESS
Table 7.1. Quantity and Price Indexes for Gross Domestic Product—Continued
[Index numbers, 1996=100]
Seasonally adjusted
Line
Government consumption expenditures and
gross investment:
Current dollars
Chain-type quantity index
Chain-type, price index
Implicit price deflator
2000
2001
1998
2002
2001
2000
1999
108.20
104.32
103.72
103.72
115.40
108.34
106.52
106.52
123.14
111.29
110.65
110.64
130.67
115.36
113.27
113.27
110.43
105.83
104.36
104.35
112.14
106.61
105.20
105.19
113.94
107.37
106.13
106.12
116.31
108.76
106.96
106.94
119.23
110.64
107.78
107.77
120.72
110.29
109.46
109.45
122.99
111.55
110.26
110.26
123.58
111.27
111.07
111.06
125.28
112.06
111.80
111.80
128.35
113.63
112.96
112.95
130.70
115.19
113.47
113.46
130.22
114.87
113.37
113.37
133.39
117.76
113.27
113.27
136.40
119.37
114.27
114.27
137.88
119.89
115.01
115.01
101.43
98.84
102.63
102.63
106.29
101.16
105.08
105.08
110.84
102.42
108.23
108.23
118.16
107.33
110.09
110.09
103.16
100.02
103.15
103.15
103.47
99.17
104.35
104.33
104.62
99.81
104.82
104.82
107.05
101.60
105.37
105.36
110.03
104.03
105.78
105.77
108.31
100.41
107.87
107.87
112.59
104.21
108.05
108.04
110.94
102.27
108.48
108.48
111.54
102.78
108.51
108.52
115.38
105.15
109.73
109.72
117.53
106.70
110.15
110.15
118.03
107.01
110.30
110.29
121.70
110.46
110.18
110.18
126.42
112.46
112.42
112.41
129.30
114.48
112.95
112.94
National defense:
Current dollars
Chajn-type quantity index
Chain-type price index
Implicit price deflator
97.79
95.67
102.22
102.22
102.05
97.71
104.45
104.44
105.01
97.66
107.53
107.53
112.02
102.51
109.27
109.27
99.36
96.85
102.59
102.60
99.17
95.57
103.78
103.77
99.48
95.51
104.16
104.15
103.28
98.70
104.67
104.65
106.29
101.07
105.18
105.16
102.38
95.61
107.09
107.09
106.19
99.00
107.27
107.26
105.05
97.46
107.80
107.80
106.43
98.58
107.96
107.96
109.63
100.56
109.03
109.02
110.69
101.23
109.34
109.35
112.11
102.38
109.51
109.50
115.63
105.87
109.21
109.22
120.93
108.82
111.14
111.14
123.78
110.93
111.60
111.59
Nondetense:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
108.88
105.29
103.42
103.41
114.96
108.15
106.29
106.29
122.77
112.06
109.55
109.55
130.72
117.10
111.64
111.63
110.94
106.45
104.22
104.21
112.26
106.50
105.43
105.41
115.13
108.53
106.09
106.08
114.74
107.53
106.70
106.70
117.69
110.06
106.94
106.94
120.43
110.14
109.34
109.34
125.68
114.76
109.52
109.52
122.98
112.04
109.77
109.77
121.98
111.31
109.58
109.59
127.13
114.47
111.07
111.06
131.50
117.76
111.68
111.67
130.12
116.40
111.80
111.79
134.12
119.78
111.99
111.97
137.64
119.91
114.79
114.79
140.58
121.75
115.48
115.47
112.23
107.56
104.35
104.34
120.84
112.59
107.33
107.33
130.48
116.52
111.98
111.98
138.13
120.11
115.01
115.01
114.77
109.26
105.05
105.04
117.32
111.00
105.71
105.70
119.50
111.83
106.87
106.86
121.84
112.98
107.86
107.84
124.72
114.54
108.90
108.89
128.13
116.11
110.36
110.35
129.20
115.88
111.50
111.49
131.12
116.56
112.49
112.49
133.48
117.52
113.59
113.59
136.09
118.63
114.73
114.72
138.57
120.20
115.28
115.28
137.51
119.51
115.06
115.06
140.37
122.09
114.97
114.97
142.35
123.47
115.29
115.29
143.01
123.13
116.15
116.15
Federal:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
State and local:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit prii ' " '
....
NOTE. Chain-type quantity and price indexes are calculated from weighted averages of the detailed output and prices
used to prepare each aggregate and component. Implicit price deflators are weighted averages of the detailed price indexes
used to prepare each aggregate and component and are calculated as the ratio of current-to chained-dollar output multi-
plied by 100.
Percent changes from preceding period for 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.
Table 7.2. Quantity and Price Indexes for Gross Domestic Product, Final Sales, and Purchases
[Index numbers, 1996=100]
Seasonally adjusted
Line
Gross domestic product:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
1
'. .....
Final sales of domestic product:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Gross domestic purchases:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator ..
Final sales to domestic purchasers:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Addenda:
Final sales of computers: •
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Gross domestic product less final sales of
computers:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Gross domestic purchases less final sales of
computers:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
1998
1999
2000
2001
1998
2001
2000
1999
2002
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
112.39
108.91
103.20
103.20
118.70
113.39
104.69
104.69
125.74
117.64
106.89
106.89
129.04
117.94
109.42
109.42
114.99
110.94
103.66
103.65
116.38
111.78
104.12
104.12
117.39
112.32
104.52
104.51
119.24
113.74
104.84
104.83
121.80
115.70
105.28
105.27
123.50
116.44
106.08
106.07
125.69
117.82
106.69
106.68
126.39
117.99
107.13
107.12
127.40
118.31
107.68
107.68
128.35
118.13
108.66
108.65
128.63
117.66
109.32
109.32
129.24
117.58
109.92
109.92
129.95
118.37
109.78
109.78
132.00
119.84
110.14
110.14
132.72
120.16
110.46
110.46
111.89
108 33
103 28
103.28
118.39
112 99
104 79
104.79
125.41
117.19
107.02
107.02
130.31
118 95
109.55
109.55
114.47
11035
103.74
103.73
115.87
111 19
104 21
104.20
117.48
112 31
104 62
104.61
119.10
113.50
104.94
104.94
121.13
114.95
105.38
105.37
123.38
116.19
106.19
106.19
125.03
117.06
106.81
106.81
126.09
117.57
107.25
107.25
127.15
117.94
107.81
107.81
129.19
118.77
108.78
108.78
129.86
118.65
109.45
109.45
130.52
118.60
110.05
110.05
131.69
119.81
109.91
109.91
132.89
120.51
110.28
110.27
133.25
120.48
110.60
110.60
113 05
11037
102.43
102.43
120 53
115 92
103.97
103.97
128 95
121 00
106.58
106.58
132 00
121.50
108.65
108.65
115 77
112 59
102 84
102.83
117 55
113 92
10319
103.19
11913
114 86
103 72
103.72
121.37
116.49
104 21
104.20
124.06
118.42
104.77
104.76
126.30
119.47
105.72
105.71
128 75
121.13
106 30
106.29
129.83
121.50
106.87
106.86
130.94
121.88
107.43
107.43
131.62
121.55
108.30
108.29
131.81
121.20
108.76
108.75
131.74
121.18
108.72
108.72
132.84
122.06
108.84
108.83
135.07
123.74
109.15
109.15
136.71
124.58
109.73
109.73
15
16
11255
109.81
102.50
102.50
120 23
115.54
104.06
104.06
128 64
120.56
106.70
106.70
133 27
122.52
108.78
108.78
115 26
112.00
102.91
102.90
117 05
113.35
103.27
103.27
11923
114.86
103.81
103.81
121 24
116.25
104.30
104.29
123.40
117.68
104.87
104.86
126.18
119.23
105.83
105.83
12811
120.39
106.42
106.41
129.55
121.09
106.99
106.99
130.71
121.53
107.56
107.56
132.47
122.19
108.42
108.41
133.03
122.19
108.88
108.88
133.01
122.21
108.84
108.84
134.57
123.50
108.97
108.97
135.96
124.42
109.28
109.28
137.24
124.92
109.86
109.86
17
18
19
20
109.60
210.18
52.15
52.15
112.03
297.29
37.68
37.68
118.98
385.10
30.90
30.90
101.79
420.15
24.23
24.23
109.31
241.95
44.68
45.18
107.28
261.46
40.73
41.03
114.75
294.90
38.73
38.91
116.74
317.96
36.61
36.72
109.33
314.83
34.65
34.73
115.93
352.34
32.84
32.90
121.76
386.78
31.41
31.48
119.42
395.76
30.10
30.17
118.81
405.51
29.24
29.30
113.36
432.99
26.16
26.18
102.38
410.70
24.93
24.93
95.34
405.16
23.55
23.53
96.08
431.75
22.28
22.25
87.91
423.11
20.80
20.78
85.24
432.38
19.73
19.71
?1
112.42
108.15
103 95
103 95
118.77
112.26
105 80
105.80
125.81
116.22
108.26
108.25
129.32
116.43
111.08
111.07
115.05
110.03
104.57
104.56
116.47
110.78
10514
105.13
117.41 119.27
111.20 112.54
105.60 -105.98
105.59 105.98
121.93
114.51
106.49
106.48
123.58
115.12
107.36
107.35
125.73
116.40
108.03
108.02
126.46
116.54
108.52
108.51
127.48
116.83
109.12
109.11
128.50
116.59
110.23
110.22
128.89
116.17
110.95
110.95
129.58
116.10
111.61
111.61
130.29
116.84
111.51
111.51
132.44
118.31
111.94
111.94
133.20
118.61
112.30
112.30
112.99
109.40
103.28
103.28
120.44
114.42
105.26
105.26
128.91
119.-18
108.17
108.16
132.27
119.61
110.59
110.58
115.73
111.42
103.87
103.87
117.49
112.61
104.34
104.33
118.99
113.36
104.97
104.96
121.26
114.90
105.55
105.54
124.03
116.82
106.18
106.17
126.26
117.79
107.21
107.19
128.67
119.31
107.85
107.84
129.77
119.63
108.49
108.48
130.93
120.00
109.12
109.12
131.75
119.65
110.13
110.11
132.06
119.34
110.66
110.66
132.10
119.34
110.69
110.69
133.17
120.11
110.88
110.87
135.38
121.68
111.25
111.25
137.04
122.49
111.88
111.88
30
102.75
100 05
104.67
98.74
107.11
103.66
110.45
114.15
103.43
98.94
104.11
99.29
104.33
99.59
104.86
98.43
105.38
97.63
106.10
101.80
106.73
103.82
107.49
103.72
108.11
105.31
109.18
113.35
109.96
120.73
111.09
114.33
111.58
108.19
112.23
105.15
112.30
104.57
31
103.37
104.90
106.99
109.17
103.85
104.30
104.72
105.06
105.53
106.23
106.80
107.21
107.72
108.46
108.89
109.66
109.65
110.10
110.47
32
33
103 75
91.75
105 79
95.66
108.27
113.74
111.48
116.41
104.53
89.82
105.19
88.67
105.45
94.03
105.97
98.19
106.58
101.76
107.30
109.24
107.83
111.69
108.75
115.38
109.21
118.66
110.29
121.32
111.03
123.31
111.98
116.03
112.62
104.96
113.29
102.60
113.40
109.55
34
102.76
104.15
106.12
108.05
103.23
103.62
103.97
104.29
104.72
105.43
105.93
106.33
106.80
107.56
107.92
108.08
108.62
109.01
109.37
9
3
4
6
7
8
9
10
11
12
13
14
??
23
24
?"i
?fi
?7
28
Chain-type price indexes for gross domestic
?9
Energy goods and services
Gross domestic product less food and
energy
Chain-type price indexes for gross domestic
purchases:
Food
Energy goods and services
Gross domestic purchases less food and
energy
1. For some components of final sales of computers, includes computer parts.
NOTE. Percent changes from preceding period for selected items in this table are shown in table 8.1.
90
August 2002
Quantity and Price Indexes
Table 7.3. Quantity and Price Indexes for Gross National Product and Command-Basis Gross National Product
[Index numbers, 1996=100]
Seasonally adjusted
Line
Gross national product:
Current dollars ..
Chain-type quantity index
Chain-type price index
Implicit price deflator
1998
1999
2000
2001
1998
2002
2001
2000
1999
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
II
I
1
2
3
4
112.09
108.65
103.17
103.17
118.72
113.44
104.65
104.65
125.75
117.69
106.86
106.86
129.02
117.96
109.39
109.38
114.61
110.61
103.62
103.62
116.36
111.80
104.08
104.08
117.43
112.39
104.48
104.48
119.18
113.73
104.80
104.80
121.90
115.83
105.24
105.24
123.49
116.45
106.05
106.04
125.73
117.90
106.65
106.64
126.32
117.97
107.09
107.08
127.47
118.42
107.64
107.64
128.18
118.01
108.63
108.62
128.73
117.79
109.29
109.29
129.09
117.48
109.89
109.89
130.10
118.54
109.75
109.74
131.72
119.62
110.11
110.11
Less: Exports ol goods and services and
income receipts from the rest of the world:
Chain-type quantity index
5
114.46
119.81
133.86
122.04
116.07
115.01
117.23
121.24
125.78
128.90
134.31
136.22
136.02
131.56
125.39
118.25
112.94
113.25
Plus: Command-basis exports of goods and
services and income receipts from the rest
of the world:
Chain-type quantity index
6
119.33
124.15
135.45
125.93
121.19
120.83
122.07
124.98
128.73
130.80
136.49
137.45
137.07
133.14
128.09
125.05
117.44
118.00
Equals: Command-basis gross national
product:
Chain-type quantity index
7
109.34
114.06
117.91
118.51
111.34
112.63
113.08
114.27
116.25
116.73
118.21
118.14
118.57
118.24
118.17
118.45
119.19
120.30
NOTE. Percent changes from preceding period for selected items in this table are shown in table 8.1.
Table 7.4. Chain-Type Quantity and Price Indexes for Personal Consumption Expenditures by Major Type of Product
[Index numbers, 1996=100]
Seasonally adjusted
Line
1998
1999
2000
2001
1998
IV
2000
1999
I
II
III
IV
I
II
2001
III
IV
I
II
2002
III
IV
I
II
Chain-type quantity indexes
Personal consumption expenditures
Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
1
108.52
113.88
118.83
121.76
110.45
111.72
113.28
114.56
115.96
117.46
118.34
119.46
120.07
120.78
121.20
121.64
123.42
124.37
124.95
2
117.87
131.80
142.58
151.16
124.46
126.14
130.45
133.68
136.94
142.67
141.34
144.12
142.18
146.09
148.00
149.66
160.91
158.30
159.24
3
4
5
113.91
123.83
114.98
125.65
141.46
126.97
132.04
157.89
137.54
141.21
168.03
142.19
122.19
129.68
119.21
120.56
134.16
122.97
125.96
138.74
124.40
127.52
143.86
127.92
128.56
149.07
132.60
135.48
154.53
136.08
130.23
157.15
136.72
134.05
159.18
138.42
128.41
160.70
138.94
134.65
162.98
140.42
136.34
165.83
141.30
137.63
168.67
141.97
156.21
174.62
145.09
144.35
180.78
149.38
143.82
184.46
149.38
6
107.14
112.14
116.50
118.79
108.98
110.29
111.60
112.30
114.35
114.97
116.36
116.96
117.73
118.40
118.31
118.69
119.76
122.07
121.89
7
Food
8
Clothing and shoes
Gasoline, fuel oil, and other energy goods ... 9
10
Gasoline and oil
11
Fuel oil and coal
12
Other
104.25
112.32
104.54
10615
91.96
110.51
107.75
120.69
108.11
109 89
94.11
116.90
111.84
127.39
107.11
109 29
90.05
122.36
112.85
130.61
108.21
111 75
81.16
127.12
105.96
114.39
105.32
107 41
89.07
112.79
105.84
119.08
106.52
10814
93.81
114.96
107.16
120.51
108.78
11021
97.72
115.89
107.80
121.48
107.85
109.60
94.13
117.05
110.18
121.71
109.28
111.62
90.79
119.70
110.80
124.63
105.68
108.24
85.73
120.52
112.03
126.82
107.42
109.49
91.27
121.63
112.06
128.52
107.41
109.61
90.20
122.94
112.46
129.59
107.92
109.81
93.00
124.35
113.12
129.31
108.30
110.79
89.05
125.71
112.91
129.44
106.10
109.69
78.76
126.60
112.51
130.36
108.68
112 65
78.45
127.37
112.87
133.34
109.75
113.88
78.39
128.80
114.69
137.62
112.53
116.85
79.75
130.87
114.37
137.38
110.24
114 54
77.68
131.71
Nondurable goods
Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Recreation
Other
Addenda:
Energy goods and services'
Personal consumption expenditures less
food and energy
13
107.43
111.43
115.67
117.98
108.55
109.73
110.92
112.16
112.92
114.14
115.14
116.24
117.19
117.37
117.80
118.07
118.69
119.54
120.42
14
15
16
17
18
19
20
21
104.68
108 28
101.70
112.77
109 60
105.31
109.36
111.10
108.08
11307
102.79
119.99
11496
107.51
114.30
116.73
110.19
11908
106.45
127.59
11814
110.52
118.56
124.08
112.09
120 60
104.46
131.68
117 24
115.21
122.07
125.12
105.77
108 01
97.76
114.89
111 24
105.89
111.31
113.05
107.13
11018
100.90
116.42
113 14
106.49
112.11
114.16
107.82
11278
103.07
119.31
11415
107.08
113.64
115.90
108.43
115.63
106.58
121.75
115.79
107.88
115.43
117.37
108.94
113.68
100.60
122.49
116 75
108.59
116.01
119.50
109.34
114.31
99.25
124.53
117.53
109.10
117.14
122.67
109.96
118.88
106.56
127.26
118.13
110.04
118.26
122.84
110.46
120 02
106.79
128.99
11821
110.90
118.85
125.20
111.00
123.09
113.19
129.56
118 67
112.03
120.00
125.63
111.58
122 74
110.65
130.69
11829
113.13
121.89
124.36
111.98
120.25
103.27
132.03
117 90
114.52
122.01
125.22
112.24
120 37
102.80
132.54
116 71
115.95
121.48
124.89
112.56
11904
101.13
131.45
116 07
117.25
122.91
125.99
113.14
120.18
103.65
131.57
117 17
118.29
123.31
126.83
113.70
120 52
103.79
132.05
116 78
119.64
124.17
128.13
22
103.18
105.51
106.67
106.37
101.53
103.72
105.95
107.20
105.17
102.64
106.87
107.01
110.16
109.26
104.70
105.88
105.63
108.28
107.18
23
109.66
115.55
120.91
124.42
111.83
113.31
114.87
116.29
117.72
119.64
120.24
121.63
122.10
122.93
123.83
124.37
126.55
127.23
128.09
Chain-type price indexes
Personal consumption expenditures
Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline, fuel oil, and other energy goods ...
Gasoline and oil
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Recreation
Other
Addenda:
Energy goods and services'
Personal consumption expenditures less
food and energy
24
103.03
104.73
107.39
109.56
103.54
103.86
104.44
105.00
105.62
106.52
107.11
107.67
108.26
109.15
109.64
109.62
109.84
110.14
110.84
25
95.40
93.03
91.46
89.70
94.49
93.69
93.23
92.83
92.37
91.91
91.74
91.24
90.95
90.68
89.89
89.29
88.95
88.00
87.36
?fi
27
28
98.93
90.40
98.24
99.09
85.21
96.61
99.47
81.51
95.78
99.84
76.92
96.08
99.22
88.15
97.61
98.80
86.99
96.81
98.72
85.77
97.22
99.31
84.64
96.33
99.53
83.44
96.10
99.17
82.77
95.94
99.59
82.03
95.83
99.46
81.14
95.44
99.66
80.08
95.89
100.20
78.80
96.27
99.85
77.32
96.15
99.51
76.27
96.04
99.79
75.28
95.88
98.86
74.02
95.61
98.10
73.29
95.48
29
101.31
103.69
107.59
109.17
101.70
102.15
103.30
104.18
105.12
106.49
107.28
108.04
108.53
109.00
109.80
109.42
108.45
108.52
109.74
30
31
32
33
34
35
104 05
98.04
87.55
87.09
91.54
102 91
10614
96.46
94.59
94.77
92.66
106 96
108.65
95.22
121.92
121.14
129.05
109 40
111.89
93.35
118.11
116.80
130.74
112.01
104.85
97.55
85.04
84.67
88.22
104.10
105.53
96.26
82.78
82.44
85.67
106.18
105.81
96.79
92.12
92.46
88.77
106.67
106.31
96.17
98.71
99.17
94.28
107.38
106.92
96.63
104.73
105.01
101.89
107.60
107.66
95.80
117.20
116.30
125.79
108.08
108.20
95.17
120.98
120.86
121.66
109.39
109.14
94.81
123.74
123.13
129.03
109.96
109.60
95.10
125.76
124.26
139.74
110.16
110.69
95.08
123.26
121.30
142.00
110.77
111.42
93.70
129.17
128.65
132.80
111.61
112.39
92.57
117.93
116.79
128.91
112.63
113.05
92.03
102.08
100.44
119.25
113.04
113.72
91.56
99.23
97.95
112.27
113.31
113.86
91.22
111.54
110.97
115.88
114.14
36
105 53
107 81
110.85
114.32
106.41
106.92
107.45
108.08
108.79
109.76
110.45
111.16
112.03
113.43
114.08
114.40
115.39
116.15
116.91
37
38
39
40
41
42
43
44
106.31
100.61
98.44
101.95
104 93
104.82
105 76
107.72
109.30
100.46
98.19
101.86
105 36
107.03
108 78
110.75
112.77
102.23
103.88
101.39
105 86
110.19
11281
114.26
117.15
106.18
114.84
101.45
108.08
114.27
11658
116.35
107.65
100.44
97.55
102.23
105.03
105.54
106 57
109.03
108.23
100.40
97.52
102.18
105.21
106.07
107.37
109.69
108.95
100.19
97.64
101.77
105.51
106.63
108.45
110.24
109.64
100.24
98.31
101.44
105.40
107.34
109.18
111.13
110.36
101.01
99.29
102.07
105.32
108.10
110.11
111.95
111.43
101.11
99.61
101.99
105.21
108.72
111.38
113.76
112.25
101.46
101.56
101.46
105.56
109.62
112.20
114.32
113.19
102.52
105.27
101.06
106.03
110.74
113.48
114.18
114.20
103.86
109.07
101.04
106.64
111.70
114.17
114.75
115.25
107.04
117.48
101.30
107.87
113.17
115.13
115.82
116.51
106.62
117.27
100.82
108 21
114.12
116.35
116.02
117.76
105.99
114.71
101.26
108 04
114.27
117.05
116.05
119.08
105.08
109.92
102.41
108.20
115.53
117.80
117.51
120.34
104.71
107.83
102.95
108.92
116.16
118.43
118.44
121.35
104.71
108.42
102.65
109.93
116.86
119.72
119.18
45
92.70
96.31
113.42
116.62
90.95
89.74
94.77
98.55
102.18
108.97
111.84
115.01
117.86
120.67
123.64
116.46
105.72
103.22
110.12
46
103.48
105.00
106.85
108.78
104.07
104.41
104.79
105.17
105.61
106.20
10668
107.01
107.51
108.26
108.58
108.78
109.52
109.91
110.36
1. Consists of gasoline, fuel oil, and other energy goods and of electricity and gas.
August 2002
91
SURVEY OF CURRENT BUSINESS
Table 7.5. Chain-Type Quantity and Price Indexes for Personal Consumption Expenditures by Type of Product
[Index numbers, 1996=100]
Line
1998
1999
2000
Personal consumption expenditures .
Durable 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 and household equipment
Furniture, including mattresses and bedsprings (29)
Kitchen and other household appliances (30)
China, glassware, tableware, and utensils (31)
Video and audio goods, including musical instruments, and
computer goods (91)
Video and audio goods, including musical instruments (92)
Computers, peripherals, and software (93)
Other durable house furnishings (32)
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)
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)
Gasoline, fuel oil, and other energy goods
,
,
G al si o e a dd oil ((75)
5)
Gasoline and oil (75)
Fuel oil and coal (40)
F l il d
l (40)
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 (111 less 113)
Magazines, newspapers, and sheet music (88)
Flowers, seeds, and potted plants (95)
Services
See note at the end of the table.
1998
1999
2000
2001
Housing
Owner-occupied nonfarm dwellings-space rent (24)
Tenant-occupied nonfarm dwellings-rent (25)
Rental value of farm dwellings (26)
Other (27)
104.68
105.91
101.26
97.05
103.97
108.08
109.94
102.81
98.20
107.42
110.19
112.93
101.80
97.29
112.70
112.09
115.86
101.94
94.62
107.55
Household operation
Electricity (37)
Gas(38)
Water and other sanitary services (39) .
Telephone and telegraph (41)
Domestic service (42)
Other (43)
108.28
107.01
88.54
102.43
117.67
111.50
112.13
113.07
108.30
89.16
105.63
130.95
101.00
115.74
119.08
111.91
92.86
107.88
145.34
104.01
115.47
120.60
108.46
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)...
109.60
109.42
114.96
114.61
118.14
117.97
117.24
118.11
110.73
104.69
108.94
107.06
112.95
110.80
108.39
102.10
112.68
103.67
116.76
106.90
111.14
112.71
107.74
118.05
109.79
104.43
120.97
107.71
120.80
107.58
112.01
117.34
100.52
121.02
119.86
74.81
127.74
101.37
120.92
107.82
112.96
118.77
100.45
114.26
123.35
Medical care
Physicians (47)
Dentists (48)
Other professional services (49)
Hospitals and nursing homes (50)
Health insurance (56)
105.31
106.99
104.37
103.68
104.97
106.16
107.51
109.85
105.67
105.69
106.99
108.45
110.52
114.54
108.64
107.36
109.37
112.85
115.21
121.59
112.44
111.90
113.59
114.01
Recreation
Admissions to specified spectator amusements (96)
Other(94+100+101+102+103)
109.36
107.40
109.60
114.30
108.95
114.95
118.56
111.24
119.46
122.07
115.17
122.92
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 (61)
Bank service charges, trust services, and safe deposit box
rental (62)
Services furnished without payment by financial
intermediaries except life insurance carriers (63)
Expense of handling life insurance and pension plans (64)....
Legal services (65)
Funeral and burial expenses (66)
Other (67)
Education and research
Higher education (105)
Nursery, elementary, and secondary schools (106)
Other (107)
Religious and welfare activities (108)
Net foreign travel
Foreign travel by U.S. residents (110)
Less: Expenditures in the United States by nonresidents (112)
111.10
108.06
104.56
109.73
108.30
111.32
139.55
116.73
113.73
108.58
112.92
117.70
118.16
185.02
124.08
118.91
112.29
117.33
124.60
126.40
228.71
125.12
118.28
108.21
118.22
124.29
126.43
199.31
2001
Chain-type quantity indexes
108.52 113.88
117.87 131.80
113.91 125.65
108.06 121.98
111.80 116.32
122.94 138.42
108.95 117.08
123.83 141.46
111.63 119.01
108.73 118.36
113.35 125.22
118.83
121.76
142.58
151.16
132.04
130.72
117.41
146.90
120.75
141.21
131.93
117.43
174.58
117.52
157.89
127.59
125.06
134.68
168.03
128.93
127.46
141.43
151.67
119.48
258.55
112.02
114.98
113.52
190.89
138.70
385.97
122.55
231.82
160.65
517.71
130.38
264.34
175.44
647.22
134.49
126.97
117.55
137.54
121.48
142.19
110.69
115.99
118.71
108.81
107.14
104.25
103.24
105.91
128.93
133.27
121.31
112.14
143.20
144.12
130.62
116.50
158.99
143.91
136.82
118.79
107.75
107.49
108.28
111.84
111.18
113.06
112.85
111.94
114.45
102.34
103.90
104.06
107.53
105.61
107.28
111.56
112.49
108.23
104.86
112.32
110.57
111.43
106.40
120.69
119.42
116.52
110.19
127.39
125.68
118.55
111.34
113.19
111.64
122.53
118.11
129.99
123.73
132.86
127.75
104.54
106.15
91.96
108.11
109.89
94.11
107.11
109.29
90.05
108.21
111.75
81.16
130.61
128.46
110.51
95.76
107.81
116.29
116.90
90.01
111.20
125.73
122.36
88.84
112.61
134.48
127.12
87.25
111.55
138.85
104.58
117.28
117.97
105.75
109.25
128.96
134.06
113.07
109.14
140.18
147.25
118.93
109.54
151.85
163.20
119.66
109.07
108.78
107.43
111.79
116.61
111.43
115.35
117.23
115.67
116.50
119.95
117.98
Line
87
93.80
109.02
155.79
91.44
115.41
72.50
120.85
92.21
120.34
132.35
137.09
141.46
110.50
100.58
104.87
102.62
109.26
106.81
103.93
102.19
117.83
105.80
113.81
101.24
106.22
100.64
113.41
111.83
108.23
106.41
125.25
107.31
124.28
100.94
105.62
97.49
116.68
115.51
109.29
108.63
136.13
112.34
128.47
98.78
108.12
100.58
118.83
118.44
111.29
109.13
143.29
113.38
119.96
100.05
123.02
102.28
136.53
107.12
127.21
97.84
August 2002
Quantity and Price Indexes
92
Table 7.5. Chain-Type Quantity and Price Indexes for Personal Consumption Expenditures by Type of Product—Continued
[Index numbers, 1996=100]
Line
1998
1999
2000
Personal consumption expenditures
Durable 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 and household equipment
Furniture, including mattresses and bedsprings (29)
Kitchen and other household appliances (30)
China, glassware, tableware, and utensils (31)
Video and audio goods, including musical instruments, and
computer goods (91)
Video and audio goods, including musical instruments (92)
Computers, peripherals, and software (93)
Other durable house furnishings (32)
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)
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)
Gasoline, fuel oil, and other energy goods
Gasoline and oil (75)
Fuel oil and coal (40)
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 (111 less 113)
Magazines, newspapers, and sheet music (88)
Flowers, seeds, and potted plants (95)
102
103.03
104.73
107.39
109.56
95.40
93.03
91.46
89.70
98.93
99.31
95.48
100.82
98.55
90.40
99.70
98.22
101.12
99.09
98.52
96.40
101.67
98.02
85.21
99.45
96.04
98.73
99.47
98.54
98.33
101.61
98.33
81.51
99.09
95.08
97.54
99.84
98.08
100.35
101.18
100.80
76.92
97.43
94.40
94.92
74.39
91.33
47.08
64.23
85.17
34.55
99.52
96.61
104.43
57.30
79.23
28.23
98.85
95.78
107.46
49.94
73.42
21.58
97.65
96.08
110.91
96.35
90.28
102.13
95.19
87.91
102.01
94.29
87.89
103.19
101.31
103.69
107.59
109.17
104.05
103.20
105.38
106.14
104.93
108.02
108.65
107.28
110.81
111.89
110.37
114.32
104.14
106.37
107.89
104.07
106.10
108.50
109.32
111.74
102.18
106.31
98.04
98.86
104.34
109.41
96.46
96.31
107.54
112.73
95.22
94.83
109.90
117.16
93.35
94.23
96.96
99.60
87.55
87.09
91.54
95.11
98.98
94.59
94.77
92.66
93.87
97.85
121.92
121.14
129.05
92.24
94.89
118.11
116.80
130.74
102.91
117.80
101.71
95.68
106.96
151.81
103.21
94.61
109.40
168.54
104.56
92.07
112.01
181.46
105.56
89.94
102.70
103.77
94.67
107.20
104.53
107.59
89.05
106.47
109.16
111.15
84.18
104.69
113.17
115.80
80.78
104.83
103.22
98.05
105.57
95.85
107.49
100.08
"109 59
100.80
98.24
103.41
98.28
92.55
Services
NOTE. The figures in parentheses are the line numbers of the corresponding items in table 2.4.
1998
1999
2000
2001
Housing
Owner-occupied nonfarm dwellings—space rent (24)
Tenant-occupied nonfarm dwellings—rent (25)
Rental value of farm dwellings (26)
Other (27)
106.31
106.24
106.07
111.93
107.96
109.30
109.13
109.18
118.24
111.22
112.77
112.38
113.00
126.19
116.23
117.15
116.69
117.89
135.46
118.21
Household operation
Electricity (37)
Gas (38)
Water and other sanitary services (39)
Telephone and telegraph (41)
Domestic service (42)
Other (43)
100.61
96.51
103.68
105.88
98.83
105.44
104.97
100.46
95.68
105.26
108.28
96.24
108.50
108.47
102.23
97.24
124.05
110.95
92.59
113.22
113.06
106.18
104.12
147.65
114.21
90.28
117.48
116.63
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)
104.93
105.36
105.36
106.09
105.86
105.33
108.08
109.05
103.38
113.02
100.80
100.43
101.64
104.09
102.30
105.89
104.56
101.07
105.38
108.59
99.52
99.16
100.32
103.60
106.09
108.35
103.18
104.42
108.31
92.40
100.93
100.56
101.74
110.06
109.43
113.22
109.82
110.66
111.94
96.52
103.96
103.58
104.81
104.32
114.76
117.09
102.55
111.27
Medical care
Physicians (47)
Dentists (48)
Other professional services (49)
Hospitals and nursing homes (50)
Health insurance (56)
104.82
103.51
109.07
106.45
104.31
105.87
107.03
105.29
114.17
108.34
106.64
107.15
110.19
107.11
119.40
111.13
110.32
110.60
114.27
110.16
124.23
114.62
114.80
116.28
Recreation
Admissions to specified spectator amusements (96)
Other (94+100+101+102+103)
105.76
104.98
105.85
108.78
110.54
108.57
112.81
117.45
112.27
116.58
122.96
115.85
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 (61)
Bank service charges, trust services, and safe deposit box
rental (62)
Services furnished without payment by financial
intermediaries except life insurance carriers (63)
Expense of handling life insurance and pension plans (64) ...
Legal services (65)
Funeral and burial expenses (66)
Other(67)
Education and research
Higher education (105)
Nursery, elementary, and secondary schools (106) ...
Other (107)
Religious and welfare activities (108)
Net foreign travel
Foreign travel by U.S. residents (110)
Less: Expenditures in the United States by nonresidents (112)
107.72
104.38
103.69
105.51
103.53
109.38
96.30
110.75
107.03
105.90
108.83
105.70
111.87
90.27
114.26
110.64
108.79
113.10
109.01
115.00
89.38
116.35
115.18
113.45
117.02
114.11
115.31
86.13
107.86
111.25
116.32
121.14
113.09
111.27
108.81
109.09
106.93
107.27
107.73
106.65
106.82
105.53
116.07
116.88
114.05
112.76
110.56
111.20
110.91
109.59
113.07
109.73
117.33
125.35
119.99
115.99
114.85
116.06
115.05
114.03
119.63
115.28
114.13
129.48
126.40
120.17
119.90
120.71
119.14
118.70
125.31
119.95
99.54
103.65
102.02
106.37
102.86
111.38
104.17
112.46
2001
Chain-type price indexes
103.50
Line
August 2002
93
SURVEY OF CURRENT BUSINESS
Table 7.6. Chain-Type Quantity and Price Indexes for Private Fixed Investment by Type
[Index numbers, 1996=100]
Seasonally adjusted
Line
1998
1999
2000
2001
1998
1999
2000
IV
2002
2001
I
Chain-type quantity indexes
Private fixed investment
Nonresidenfial
Structures
Nonresidential buildings, including farm
Utilities
Mining exploration, shafts, and wells
Other structures
Equipment and software
Information processing equipment and software
Computers and peripheral equipment1
2
Software
Other
Industrial equipment
Transportation equipment
Other
Residential
Structures
Single family
Multifamily
Other structures
Equipment
122.04
131.54 139.52 134.20 126.31 128.68 130.91 132.81 133.77 138.01 140.26 140.32 139.47 138.71 134.70 133.23 130.16 129.99 130.08
126.29
116.53
116.47
118.59
119.12
100.64
136.57
114.96
114.76
126.85
102.25
102.54
147.23
139.55
120.43
110.52
139.52
161.41
149.20
130.68
118.94
139.89
128.11
109.06
133.13 135.69
116.61 115.09
118.72 118.85 115.08
121.19 122.23 123.04
112.57 96.76 104.09
98.72 99.52 113.88
138.23
113.22
112.75
128.06
98.52
97.24
129.80
149.43
208.39
154.59
118.35
106.72
121.10
122.11
144.69
176.87
292.64
177.97
129.89
108.09
139.06
123.12
156.58
203.04
347.77
193.80
154.57
117.86
134.32
129.24
146.51
190.92
338.61
191.35
135.16
112.69
117.80
125.83
135.36
158.88
236.72
162.90
121.95
106.11
130.32
122.22
147.69
181.78
308.76
181.34
132.56
109.99
143.34
121.88
122.47
117.83
139.24
143.40
166.15
262.66
168.37
124.56
104.40
135.42
124.22
176.42
295.25
176.39
129.54
107.64
135.80
121.60
139.25
114.91
112.37
134.09
109.64
99.52
148.45
183.14
303.89
185.78
132.92
110.32
141.68
124.77
144.21
118.68
116.55
134.04
116.01
104.92
147.77
153.91
195.40
319.96
191.09
148.60
114.35
139.62
127.56
157.95
121.03
118.99
136.87
118.33
102.72
203.83
351.75
193.67
155.20
116.78
138.60
131.00
149.06
124.52
120.29
141.87
135.52
113.81
158.31
206.04
361.09
195.32
155.97
120.55
134.52
129.10
147.86
125.63
119.94
146.79
142.59
114.78
156.14
206.89
358.27
195.10
158.50
119.77
124.54
129.30
145.81
124.64
119.86
140.46
146.63
101.93
140.20
121.95
113.34
142.93
163.93
98.82
138.06
122.82
107.73
137.81
170.23
294.73
134.13 132.13 131.59
112.30 108.09 104.09
93.08
97.17
101.14
136.88 141.04 134.33
164.84 143.20 144.18
101.33 101.75 100.56
153.63
201.52
356.98
194.94
148.59
120.79
120.64
129.79
146.77
143.28
185.67
316.88
189.69
130.79
109.32
115.17
126.05
142.39
185.12
343.30
189.82
124.66
106.02
119.08
121.77
191.39
337.30
190.93
136.61
114.64
116.32
125.71
141.41
188.13
369.90
188.10
127.03
108.69
109.04
120.36
142.43
193.63
381.19
193.02
131.15
107.57
102.97
124.49
110.17 117.58 118.88 119.22 114.10 116.22 117.60 117.86 118.64 121.02 120.09 117.21 117.21 119.55 119.39 119.50 118.44 122.44 123.94
117.59 118.79 119.12 114.19 116.29 117.62
110.57 118.76 120.06 121.05 116.56 118.40 117.68
106.53 114.98 113.04 120.21 106.32 114.36 113.79
110.42 116.55 118.18 116.48 112.54 113.94 118.23
110.22
108.24
117.48
117.82
117.77
116.71
118.11
118.61
121.17
115.05
115.94
120.97
124.40
116.15
117.41
120.02
121.81
116.48
118.36
117.09
117.23
107.36
118.64
117.07
116.78
112.19
118.32
119.46
120.69
118.54
118.06
119.31
121.33
119.45
116.70
119.42
121.95
119.55
116.16
118.30 122.35
120.22 123.91
123.31 132.84
114.98 118.56
123.85
124.68
140.55
119.94
123.30 123.67 110.39 113.11 116.95 119.74 120.12 123.38 123.25 122.77 123.77 123.52 122.98 123.07 125.10 126.36 128.16
Chain-type price indexes
Private fixed investment
100.00
95.59
114.04
116.44
106.60
107.97
109.69
101.16
98.83
98.90
98.90
98.79
98.90
99.46
95.73
96.27
96.03
95.67
95.27
95.16
95.33
99.78 100.21 100.54 100.97 101.27 101.22 101.19 100.82 100.77
95.43
95.73
95.86
119.76
121.05
109.45
125.45
113.16
108.45
108.82
112.20
109.88
103.02
110.29
104.87
109.89
112.03
103.48
103.49
106.26
110.76
108.66
103.73
114.89
105.15
109.30
111.04
103.00
105.81
105.80
113.09
104.13
103.49
107.27
114.74
105.12
104.75
107.80
113.31
115.87
106.39
105.30
109.17
114.58
116.97
107.01
109.03
109.74
116.07
118.18
107.89
112.81
112.04
95.97
95.69
95.31
94.82
94.55
119.01 120.23 120.14
119.64 120.70 121.40
109.10 109.98
128.61 131.55 125.56
112.89 112.69 113.15
119.66
122.47
110.23
116.10
113.89
118.56
122.43
110.68
106.93
115.35
118.56
122.82
111.51
103.52
115.89
95.96
96.95
95.53
Structures
Nonresidential buildings, including farm
Utilities
Mining exploration, shafts, and wells
Other structures
107.72
109.69
111.51
103.41
105.77
106.05
Equipment and software
Information processing equipment and software
Computers and peripheral equipment1
Software2
Other
93.54 91.18 90.11 88.76 92.44 92.04 91.46 90.80 90.44 90.27 90.10 90.15 89.91 89.25 88.93 88.60 88.26 87.93 87.59
84.65 79.18 76.62 73.72 81.93 80.74 79.61 78.62 77.74 77.17 76.69 76.58 76.02 74.85 74.23 73.29 72.52 71.96 71.54
56.99 43.60 37.87 30.91 50.32 47.06 44.32 42.21 40.81 39.65 38.34 37.34 36.16 33.22 31.75 30.14 28.53 27.48 26.93
95.22 95.96 97.28 99.10 94.87 95.62 95.98 96.19 96.06 96.01 96.72 98.07 98.30 98.90 99.45 98.99 99.05 98.99 98.78
96.97 94.86 92.93 91.37 96.22 95.67 95.24 94.68 93.83 93.58 93.08 92.72 92.34 92.00 91.48 91.14 90.86 90.68 90.41
101.33 101.98 102.55 103.40 101.67 101.92 101.81 101.93 102.25 102.38 102.44 102.64 102.74 103.14 103.45 103.45 103.54 103.42 103.27
99.97 100.81 101.67 101.32 100.50 101.03 101.09 100.43 100.68 101.26 101.54 101.86 102.01 101.13 100.71 101.68 101.78 101.73 101.26
102.35 103.44 103.84 105.16 103.01 103.42 103.51 103.41 103.43 103.51 103.74 103.95 104.16 104.72 105.05 105.26 105.60 105.70 105.63
Nonresidential
Industrial equipment
Transportation equipment
Other
Residential
Structures
Single family
Multifamily
Other structures
Equipment
106.99
103.52
120.12
104.67
105.58 109.59 114.40 119.09 106.95 108.04 109.23 110.11 110.98 112.88 113.97 114.85 115.90 117.49 118.78 119.50 120.60 120.61 121.24
109.88
110.40
117.40
107.99
114.81
115.50
123.00
112.60
119.61
120.50
125.60
117.49
107.14
107.12
116.46
105.61
108.27
99.55
98.08
98.10
98.50
99.29
98.57
1. Includes new computers and peripheral equipment only.
2. Excludes software "embedded," or bundled, in computers and other equipment.
109.52 110.41 111.31
108.60 109.99 110.98 111.98
116.68 117.09 117.48 118.34
106.45 107.66 108.53 109.31
105.73
105.60
113.50
104.63
97.85
97.95
97.96
113.26 114.36
114.10 115.10
121.66 122.82
110.85 112.07
115.27
115.90
123.47
113.18
116.35
117.00
124.12
114.28
117.96
118.78
124.66
115.82
119.29
119.98
125.20
117.46
120.03
98.36
98.19
98.10
98.73
98.25
98.52
97.74
121.16 121.16 121.83
120.77 122.47 122.30 122.80
125.50 126.98 126.81 127.33
118.20 118.49 118.76 119.67
98.50
98.66
98.14
Quantity and Price Indexes
94
August 2 0 0 2
Table 7.7. Chain-Type Quantity and Price Indexes for Private Fixed
Investment in Structures by Type
Table 7.8. Chain-Type Quantity and Price Indexes for Private Fixed
Investment in Equipment and Software by Type
[Index numbers, 1996=100]
[Index numbers, 1996=100]
Line
1998
1999
2000
Line
2001
Chain-type quantity indexes
Private fixed investment in structures ..
Nonresidential
New .
116.46
112.90
Private fixed investment in equipment and software
120.33
122.35
119.20
Nonresidential buildings, excluding farm
Industrial
Commercial
Office buildings'
Other2
Religious, educational, hospital and institutional, and
other*
116.64
102.00
119.59
141.51
104.21
114.55
78.89
125.44
152.98
106.12
118.44
73.61
133.99
171.20
107.89
109.87
64.66
124.42
154.04
103.64
121.91
121.13
123.61
116.98
Utilities
Railroads
Telecommunications
Electric light and power
Gas
Petroleum pipelines
118.59
124.97
103.31
106.17
156.15
119.61
109.43
119.12
122.98
70.91
96.20
126.85
107.09
155.67
123.75
99.14
137.24
124.00
102.25
105.30
64.04
99.05
139.89
96.39
155.65
172.55
99.57
88.67
140.54
128.11
134.01
57.88
103.58
139.52
94.95
147.95
178.22
102.20
81.77
138.46
161.41
169.19
68.96
101.73
121.90
122.99
129.52
119.50
110.22
117.59
118.79
119.12
108.37
115.52
116.78
116.83
110.08
110.06
110.57
106.53
110.29
103.75
156.97
117.35
118.28
118.76
114.98
103.74
110.20
212.54
116.64
119.19
120.06
113.04
78.56
116.44
215.85
117.32
120.91
121.05
120.21
63.29
114.75
236.24
126.41
135.75
134.85
135.58
New .
New housing units
Permanent site
Single-family structures
Multifamilystructures ......
Manufactured homes
Improvements
Other5
Brokers' commissions on sale of structures ..
Net purchases of used structures
109.81
Private fixed investment in structures
114.49
119.69
107.75
109.74
114.12
119.85
Nonresidential buildings, excluding farm
Industrial
Commercial
Office buildings'
Other 2 .
Religious, educational, hospital and institutional, and
other3
106.99
107.01
106.98
107.01
106.95
111.51
111.54
111.49
111.54
111.45
116.44
116.47
116.40
116.48
116.33
121.05
121.10
121.01
121.10
120.91
107.01
111.54
116.48
121.10
Utilities ....
Railroads
Telecommunications
Electric light and power
Gas
Petroleum pipelines
103.52
104.37
102.18
104.02
104.18
104.20
103.41
99.13
100.70
105.13
106.85
106.89
106.60
100.57
102.70
109.33
111.50
111.44
109.45
99.35
106.30
112.69
113.60
113.61
Farm
Mining exploration, shafts, and wells
Petroleum and natural gas
Other...
Other4
107.02
120.12
121.10
107.02
105.30
111.53
105.77
105.74
111.56
107.80
116.48
107.97
107.83
116.48
112.41
121.11
125.45
125.80
121.13
115.58
Brokers' commissions on sale of structures
Net purchases of used structures
Residential
104.07
104.87
106.94
111.90
New housing units
Permanent site
Singje-family structures
Multifamily structures
Manufactured homes
Improvements
Other5
Brokers' commissions on sale of structures
Net purchases of used structures
109.88
114.81
119.61
106.15
110.49
115.39
119.86
106.28
106.52
105.60
113.50
102.98
105.82
105.66
110.86
111.22
110.40
117.40
105.79
109.53
110.41
115.84
116.38
115.50
123.00
107.55
114.23
115.50
120.45
121.11
120.50
125.60
109.38
118.32
120.50
105.85
110.97
117.83
102.87
1. Consists of office buildings, except those constructed at industrial sites and those constructed by utilities for their
own use.
2. Consists of stores, restaurants, garages, service stations, warehouses, mobile structures, and other buildings used
for commercial purposes.
3. "Other" consists of hotels and motels, buildings used primarily for social and recreational activities, and buildings not
elsewhere classified, such as passenger terminals, greenhouses, and animal hospitals.
4. Consists primarily of streets, dams and reservoirs, sewer and water facilities, parks, and airfields.
5. Consists primarily of dormitories and of fraternity and sorority houses.
144.38
156.19
146.26
129.80
144.69
156.58
146.51
Information processing equipment and software
Computers and peripheral equipment'
Software2
Communication equipment
Instruments
Photocopy and related equipment
Office and accounting equipment
149.43
208.39
154.59
130.51
108.58
94.78
103.39
176.87
292.64
177.97
156.26
114.03
72.84
90.90
203.04
347.77
193.80
201.28
120.60
65.04
97.29
190.92
338.61
191.35
161.20
128.08
54.45
100.13
Industrial equipment
Fabricated metal products
Engines and turbines
Metalworking machinery
Special industry machinery, n.e.c
General industrial, including materials handling, equipment
Electrical transmission, distribution, and industrial
apparatus
106.72
94.75
106.09
108.77
105.24
107.74
108.09
100.23
126.34
106.16
107.42
104.61
117.86
103.60
154.00
109.15
124.24
111.94
112.69
100.17
204.01
96.23
114.00
104.04
112.31
118.68
130.92
137.39
Transportation equipment
Trucks, buses, and truck trailers
Autos
Aircraft
Ships and boats
Railroad equipment
121.10
128.40
95.02
162.01
113.18
131.87
139.06
144.31
102.88
232.38
115.52
144.35
134.32
136.75
98.85
240.99
131.67
133.56
117.80
116.18
85.62
245.45
128.06
88.67
Other equipment
Furniture and fixtures
Tractors
Agricultural machinery, except tractors
Construction machinery, except tractors
Mining and oilfield machinery
Service industry machinery
Electrical equipment, n.e.c
Other
121.16
127.22
139.12
109.69
116.81
163.29
105.69
136.63
111.67
121.81
134.38
118.02
83.24
117.79
191.97
112.37
140.83
119.34
127.54
141.94
126.54
90.44
117.51
178.42
110.86
163.63
125.11
124.07
123.00
133.37
98.86
106.98
213.30
107.76
179.20
122.11
Less: Sale of equipment scrap, excluding autos
Residential equipment
98.02
87.71
82.09
76.52
108.24
117.48
123.30
123.67
91.25
90.19
88.85
93.54
91.18
84.65
56.99
95.22
94.87
100.45
98.71
99.30
101.33
99.95
102.97
101.18
101.88
101.92
79.18
43.60
95.96
91.42
100.64
98.66
99.38
101.98
99.58
105.02
101.59
103.06
102.87
90.11
76.62
37.87
97.28
88.30
101.24
99.72
99.15
102.55
99.36
105.82
102.04
103.33
103.61
88.76
73.72
30.91
99.10
85.67
102.32
100.18
97.76
103.40
101.88
106.37
102.65
103.85
104.71
100.29
99.97
98.13
103.11
101.56
103.79
98.82
101.84
102.29
101.29
102.34
103.47
103.34
102.60
97.55
101.56
86.99
99.55
100.31
100.81
99.91
101.34
102.84
105.06
98.83
102.67
102.76
102.39
103.64
105.86
104.23
103.64
96.25
102.39
101.65
101.67
100.85
99.23
107.58
107.92
99.27
103.29
103.64
102.61
104.46
106.70
105.69
104.39
102.21
101.32
99.61
96.46
112.99
110.53
99.21
104.36
104.98
102.92
106.16
107.33
109.52
105.48
94.24
105.23
79.17
98.50
Private fixed investment in equipment and software
119.76
109.69
Nonresidential
New
2001
Chain-type price indexes
Chain-type price indexes
New
2000
129.55
Nonresidential equipment and software
116.53
114.88
Brokers' commissions on sale of structures
Net purchases of used structures
Residential
1999
Chain-type quantity indexes
116.43
Farm
Mining exploration, shafts, and wells .
Petroleum and natural gas
Other
Other4
1998
Nonresidential equipment and software
Information processing equipment and software
Computers and peripheral equipment'
Software2
Communication equipment
Instruments
Photocopy and related equipment
Office and accounting equipment
Industrial equipment
Fabricated metal products
Engines and turbines
Metalworking machinery
Special industry machinery, n.e.c
General industrial, including materials handling, equipment
Electrical transmission, distribution, and industrial
apparatus
Transportation equipment
Trucks, buses, and truck trailers
Autos
Aircraft
Ships and boats
Railroad equipment
Other equipment
Furniture and fixtures
Tractors
Agricultural machinery, except tractors
Construction machinery, except tractors
Mining and oilfield machinery
Service industry machinery
Electrical equipment, n.e.c
Other
Less: Sale of equipment scrap, excluding autos
Residential equipment
1. Includes new computers and peripheral equipment only.
2. Excludes software "embedded," or bundled, in computers and other equipment,
n.e.c. Not elsewhere classified.
79.33
94.78
103.59
87.74
98.08
98.10
August 2002
95
SURVEY OF CURRENT BUSINESS
Table 7.9. Chain-Type Quantity and Price Indexes for Exports and Imports of Goods and Services and for Receipts and Payments of Income
[Index numbers, 1996=100]
Seasonally adjusted
Line
1998
1999
2000
2001
IV
2000
1999
1998
I
II
III
IV
I
2001
2002
III
IV
I
II
III
IV
I
II
129.71
133.80
143 81
112.28
120.28
133.32
139.88
14933
119.55
118.47
131.97
137.33
146 43
117.72
119.76
129.93
135.19
143 62
117.02
117.91
125.70
129.39
135 65
115.81
117.17
119.89
122.89
127 61
112.64
112.87
116.89
120.40
122 68
115.45
108.77
117.89
119.36
121 50
114.72
114.24
121.20
123.65
127 02
116.31
115.40
II
(]hain-type quantity indexe 5
Exports of goods and services
Goods'
Durable
Nondurable
Services1
1
2
3
4
5
114.67
116.90
121 83
106.33
109.39
118.55
121.29
127 47
107.97
112.13
130.09
134.98
14414
115.25
118.91
123.10
126.97
132 39
115.23
114.18
117.32
120.12
125 52
108.51
110.78
115.25
117.30
123 09
104.84
110.36
116.46
118.64
124.16
106.77
111.28
119.44
122.38
128.84
108.47
112.56
123.05 125.35
126.82 128.89
133 79 136 99
111.79 111.44
114.33 117.13
Income receipts
6
113.74
123.97
146.19
118.90
111.89
114.94
119.81
126.80
134.33
140.33
149.32
145.81
149.29
136.99
124.63
113.25
100.73
98.87
Imports of goods and services
Goods'
Durable
Nondurable
Services'
7
8
9
10
11
127.03
127.59
131.49
120.10
124.16
140.88
143.19
150.32
129.49
129.42
159.48
162.51
173.28
142.38
144.47
154.91
157.18
162.31
146.27
143.71
131.32
132.44
137.94
121.78
125.73
134.01
135.67
141.05
125.26
125.79
138.89 143.67
141.12 146.26
147.63 153.64
128.50 132.03
127.88 130.86
146.93
149.72
158.97
132.19
133.14
152.07
154.59
165.31
134.57
139.53
158.70
161.91
172.39
142.23
142.76
163.91
167.15
177.97
146.88
147.87
163.23
166.40
177.47
145.82
147.70
159.93
162.44
170.33
146.98
147.81
157.15
158.49
163.11
148.35
150.84
152.32
154.54
158.62
145.38
141.21
150.26
153.24
157.17
144.37
134.98
153.37
154.63
160.51
142.32
145.69
Income payments
12
122.98
122.89
146.65
118.35
123.38
114.28
117.77
131.26
141.45
148.94
148.53
147.67
142.50
120.78
116.43
93.68
105.14
128.25
161.67
164.77
171.53
150.81
145.73
Chain-type price indexes
16
17
96.26
94 25
94.86
92.75
101.37
95.47
92.98
93.65
91.31
101.82
96.83
94.05
93.72
95.00
103.94
96.10
93.42
93.56
93.17
102.94
95.52
93.16
94.12
90.77
101.55
95.21
92.82
93.88
90.22
101.29
95.30
92.75
93.67
90.45
101.82
95.48
92.91
93.41
91.71
102.02
95.88
93.42
93.66
92.86
102.14
96.36
93.71
93.58
94.15
103.13
96.84
94.08
93.65
95.30
103.90
97.04
94.17
93.89
94.99
104.42
97.08
94.25
93.78
95.58
104.32
96.87
94.19
93.86
95.12
103.71
96.46
93.84
93.79
94.05
103.15
96.00
93.26
93.45
92.86
102.99
95.06
92.39
93.16
90.64
101.89
94.88
92.14
93.17
89.78
101.90
Income receipts
18
102.46
104.09
106.80
108.55
102.88
103.26
103.77
104.29
104.87
105.98
106.49
107.11
107.58
108.28
108.63
108.60
108.73
109.02
Imports of aoods and services
goods'
Durable
Nondurable
Services'
19
20
21
22
23
91.27
90.17
90.84
88 69
97.14
91.34
90.31
89.14
92 85
96.80
95.49
94.63
88.80
107 89
99.97
92.70
91.87
87.16
102.59
97.03
90.43
88.99
89.82
8715
98.15
89.57
88.44
89.78
85 42
95.60
90.65
89.56
89.15
90.37
96.48
91.94
90.93
88.84
95.48
97.35
93.19
92.32
88.80
100.15
97.77
94.69
93.85
89.06
104.70
99.17
94.96
94.12
89.01
105 73
99.35
96.03
95.17
88.82
109.65
100.54
96.26
95.37
88.30
111 49
100.80
95.66
94.48
88.20
108.67
101.74
94.22
92.92
87.57
105.01
100.91
89.93
91.36
86.83
101.65
81.38
90.97
88.71
86.05
95.04
104.08
90.61
88.24
85.60
94 52
104.37
Income payments
24
103.51
105.21
107.92
109.57
103.99
104.44
104.94
105.48
105.97
107.00
107.67
108.26
108.72
109.28
109.66
109.67
109.66
109.86
Exports of goods and services
Goods'
Durable
Nondurable
Services'
13
14
15
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are
included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services.
95.48
92 61
93.08
91.54
102.83
92.81
90.45
85.67
101 46
106.46
August 2 0 0 2
Quantity and Price Indexes
96
Table 7.10. Chain-Type Quantity and Price Indexes for Exports and Imports of Goods and Services by Type of Product
[Index numbers, 1996=100]
Seasonally adjusted
Line
1998
2000
2001
1999
1998
2000
IV
2002
2001
I
Chain-type quantity indexes
Exports ol goods and services
Exports of goods1
Foods, feeds, and beverages
Industrial supplies and materials
Durable goods
Nondurable goods
Capital goods, except automotive
Civilian aircraft, engines, and parts
Computers, peripherals, and parts
Other
Automotive vehicles, engines, and parts
Consumer goods, except automotive
Durable goods
Nondurable goods
Other
Exports of services'
Transfers under U.S. military agency sales contracts
Travel
Passenger fares
Other transportation
Royalties and license fees
Other private services
Other
114.67
118.55
130.09
123.10
117.32
115.25
116.46
119.44
123.05
125.35
129.71
133.32
131.97
129.93
125.70
119.89
116.89
117.89
116.90
121.29
134.98
126.97
120.12
117.30
118.64
122.38
126.82
128.89
133.80
139.88
137.33
135.19
129.39
122.89
120.40
119.36
99.14
107.45
110.90
105.49
128.03
166.03
137.09
118.86
110.31
113.76
115.68
111.76
122.20
102.97
108.71
115.05
105.11
135.07
160.56
156.15
126.06
113.98
115.05
117.14
112.87
129.36
109.03
119.61
132.52
112.44
155.85
140.15
195.19
151.91
120.70
126.55
129.97
122.99
133.84
112.18
114.96
121.06
111.41
140.47
145.39
172.40
133.48
112.92
125.52
128.91
121.99
132.94
102.29
107.44
110.69
105.59
132.51
190.78
145.10
118.76
112.93
114.17
116.37
111.88
137.06
96.65
104.53
110.20
101.29
130.38
172.90
145.40
119.18
111.21
112.10
110.32
113.93
129.75
102.05
107.08
112.82
103.82
130.44
151.77
153.64
121.87
113.30
113.03
114.83
111.16
129.02
107.87
108.62
115.13
104.93
137.41
159.31
160.99
128.64
115.01
115.27
117.92
112.50
123.19
105.32
114.59
122.05
110.38
142.03
158.25
164.57
134.56
116.41
119.80
125.50
113.90
135.48
105.83
116.28
129.38
109.03
143.35
130.43
176.89
139.82
124.67
123.63
129.66
117.37
130.14
107.11
117.38
132.44
109.09
156.12
151.97
194.42
149.98
121.12
125.33
128.04
122.51
124.86
115.05
122.53
133.77
116.23
163.97
142.09
207.10
160.65
120.04
130.13
133.21
126.91
137.30
108.11
122.24
134.50
115.42
159.96
136.09
202.36
157.20
116.99
127.11
128.96
125.18
143.06
113.10
118.41
129.30
112.32
157.81
155.66
198.54
150.77
109.80
130.99
135.19
126.61
136.03
112.84
115.47
122.76
111.27
144.04
150.28
173.48
137.15
115.33
129.71
134.95
124.24
133.74
109.12
112.66
117.09
109.99
133.34
144.43
162.63
125.48
115.39
121.55
124.84
118.13
127.84
113.67
113.29
115.10
112.06
126.71
131.17
154.95
120.52
111.16
119.81
120.65
118.97
134.17
114.08
112.39
114.84
110.81
124.79
133.90
146.04
118.71
110.26
117.51
119.61
115.32
139.16
109.39
112.13
118.91
114.18
110.78
110.36
111.28
112.56
114.33
117.13
120.28
118.47
119.76
117.91
117.17
112.87
108.77
114.24
123.65
108.53
117.50
121.50
115.04
128.46
132.87
145.58
124.08
121.13
119.69
123.44
115.76
148.82
115.40
118.32
98.84
103.53
101.44
106.92
126.21
100.11
101.55
100.98
94.61
105.83
109.06
141.46
87.70
88.45
106.07
96.81
107.49
114.06
153.94
107.18
79.09
93.87
83.16
102.07
109.54
164.44
96.08
117.09
98.64
97.13
105.44
113.88
129.57
97.58
109.75
99.65
93.86
105.81
109.43
134.10
89.28
117.29
99.36
94.54
105.50
107.72
138.17
85.65
98.53
101.11
97.34
103.71
109.46
143.84
86.06
80.62
103.80
92.69
108.29
109.65
149.73
89.81
79.17
107.17
94.11
108.70
113.25
149.68
104.00
96.98
108.32
99.25
109.82
115.49
152.52
106.97
82.16
104.14
96.75
106.69
114.82
154.83
109.48
95.52
104.64
97.13
104.74
112.67
158.73
108.25
70.58
105.89
91.41
106.58
110.39
160.76
99.24
82.92
100.54
90.93
103.43
110.33
164.09
96.17
79.67
91.80
83.05
100.07
108.03
163.96
94.12
83.20
77.24
67.24
98.19
109.42
168.96
94.80
79.67
90.11
77.45
100.51
113.85
168.24
98.98
81.22
90.02
76.77
99.11
114.04
171.67
103.55
127.03
140.88
159.48
154.91
131.32
134.01
138.89
143.67
146.93
152.07
158.70
163.91
163.23
159.93
157.15
152.32
150.26
153.37
161.67
Imports of goods'
Foods, feeds, and beverages
Industrial supplies and materials, except petroleum and
products
Durable goods
Nondurable goods
Petroleum and products
Capital goods, except automotive
Civilian aircraft, engines, and parts
Computers, peripherals, and parts
Other
Automotive vehicles, engines, and parts
Consumer goods, except automotive
Durable goods
Nondurable goods
Other
127.59
118.20
143.19
129.22
162.51
138.38
157.18
144.74
132.44
141.12
129.34
146.26
130.71
149.72
161.91
137.76
167.15
140.99
158.49
142.22
153.24
140.98
162.44
139.44
154.54
132.51
154.59
133.79
166.40
119.49
135.67
124.34
149.98
147.33
154.63
149.04
164.77
153.72
119.91
123.82
115.76
111.35
143.85
163.13
164.44
134.20
114.93
129.44
131.18
127.64
133.15
125.06
128.37
121.55
111.96
165.02
174.67
212.02
147.80
137.39
145.30
148.76
141.69
153.30
133.52
136.82
130.01
118.52
198.28
188.27
248.13
181.85
149.33
170.79
177.98
163.30
172.78
128.51
128.33
128.38
122.65
175.36
215.81
224.98
153.73
144.79
173.70
176.62
170.62
175.02
121.51
127.33
115.32
108.85
148.45
179.80
178.99
134.26
125.15
131.98
135.10
128.71
150.26
119.63
124.88
114.03
109.89
152.18
165.07
192.94
136.66
131.14
137.48
137.54
137.42
148.56
123.02
126.27
119.57
117.29
162.11
169.65
211.23
144.50
134.53
140.95
145.90
135.79
152.66
126.20
127.09
125.30
115.55
169.69
188.13
218.44
150.95
140.73
148.33
153.10
143.34
153.79
131.39
135.24
127.30
105.12
176.11
175.85
225.47
159.10
143.16
154.46
158.50
150.23
158.20
132.63
137.63
127.25
111.95
181.80
168.77
226.85
167.37
150.67
160.13
168.84
151.07
157.62
133.35
137.02
129.40
121.87
197.72
179.35
246.92
182.43
149.49
169.76
176.75
162.47
161.30
135.05
136.47
133.43
121.15
206.79
189.52
262.60
189.34
150.78
174.19
180.09
168.03
189.44
133.06
136.17
129.96
119.13
206.81
215.44
256.16
188.26
146.37
179.10
186.24
171.64
182.77
133.23
133.65
132.60
125.54
196.22
216.89
241.04
177.71
143.43
176.42
180.48
172.15
161.62
127.05
125.69
128.03
127.74
176.66
214.44
224.70
155.68
146.23
175.21
177.39
172.89
178.00
127.11
126.14
127.77
118.10
165.67
210.36
213.39
144.22
146.62
172.24
174.00
170.33
177.09
126.66
127.86
125.13
119.23
162.89
221.53
220.78
137.29
142.87
170.94
174.61
167.10
183.36
128.49
130.97
125.63
113.11
167.52
197.04
245.29
140.29
145.23
175.71
182.15
169.03
167.51
131.66
131.18
131.81
122.04
175.63
174.39
250.19
152.69
158.48
189.72
201:28
177.81
184.04
Imports of services1
Imports of goods and services
124.16
129.42
144.47
143.71
125.73
125.79
127.88
130.86
133.14
139.53
142.76
147.87
147.70
147.81
150.84
141.21
134.98
145.69
145.73
Direct defense expenditures
Travel
Passenger fares
Other transportation
Royalties and license fees
Other private services
Other
123.87
122.92
117.83
115.38
139.71
134.53
107.61
133.30
125.04
122.81
115.91
154.38
145.87
107.41
140.29
139.48
132.04
129.19
192.19
164.83
113.45
158.92
132.22
111.68
122.45
191.99
183.69
119.89
123.95
123.67
121.96
119.12
149.16
133.03
109.21
127.23
121.95
121.72
117.45
146.10
137.15
106.38
134.33
124.08
120.77
113.54
152.45
143.89
105.04
142.02
125.73
121.79
115.65
154.72
148.73
110.76
129.60
128.38
126.96
117.02
164.27
153.73
107.46
132.49
138.33
129.98
123.18
174.86
157.56
109.98
141.53
138.06
134.94
128.25
180.10
160.94
112.58
148.00
138.79
134.97
134.14
216.79
166.40
115.45
139.12
142.72
128.26
131.20
197.03
174.44
115.77
147.09
140.67
118.22
129.62
192.84
184.06
117.41
149.02
147.55
126.03
125.88
189.45
188.29
119.06
156.70
126.87
114.56
115.83
193.03
186.88
120.68
182.87
113.80
87.90
118.48
192.65
175.52
122.42
190.22
131.42
101.37
120.62
221.31
181.81
126.33
184.55
129.04
98.67
125.17
208.94
186.77
124.37
Addenda:
Exports of agricultural goods2
Exports of nonagricultural goods
Imports of nonpetroleum goods
101.83
118.51
129.09
102.65
123.24
145.89
111.07
137.44
166.60
114.66
128.37
160.02
105.77
121.67
134.40
95.54
119.55
137.75
102.07
120.40
143.08
108.85
123.87
148.86
104.12
129.15
153.88
108.48
131.03
158.52
108.53
136.38
165.41
116.57
142.31
171.50
110.69
140.05
170.98
113.74
137.45
165.54
114.61
131.02
160.80
112.06
124.16
157.65
118.23
120.87
156.08
117.65
119.78
158.25
See footnotes at the end of the table.
August 2002
97
SURVEY OF CURRENT BUSINESS
Table 7.10. Chain-Type Quantity and Price Indexes for Exports and Imports of Goods and Services by Type of Product—Continued
[Index numbers, 1996=100]
Seasonally adjusted
Line
1998
1999
2000
2001
IV
2000
1999
1998
I
II
III
IV
I
II
2001
III
IV
I
II
2002
III
IV
I
II
Chain-type price indexes
Exports of goods and services
Exports of goods'
Foods, feeds, and beverages
Industrial supplies and materials
Durable goods
Nondurable goods
Capital goods, except automotive .
Civilian aircraft, engines, and parts
Computers, peripherals, and parts
Other
Automotive vehicles, engines, and parts
Consumer goods, except automotive
Durable aoods
Nondurable goods
Other
Exports of services'
Transfers under U S military agency sales contracts
Travel
Passenger fares
Other transportation
Royalties and license fees
Other private services
Other
Imports of goods and services
Imports of goods'
Foods, feeds, and beverages
Industrial supplies and materials, except petroleum and
products ...
Durable goods
Nondurable goods
Petroleum and products
Capital goods, except automotive
Civilian aircraft, engines, and parts
Computers, peripherals, and parts
Other
Automotive vehicles, engines, and parts
Consumer goods, except automotive
Durable goods
Nondurable goods
Other
Imports of services1
Direct defense expenditures
Travel
Passenger fares
Other transportation
Royalties and license fees
Other private services
Other
Addenda:
Exports of agricultural goods2
Exports of nonagncultural goods
Imports of nonpetroleum goods
51
96.26
95.47
96.83
96.10
95.52
95.21
95.30
95.48
95.88
96.36
96.84
97.04
97.08
96.87
96.46
96.00
95.06
94.88
95.48
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
94.25
92.98
94.05
93.42
93.16
92.82
92.75
92.91
93.42
93.71
94.08
94.17
94.25
94.19
93.84
92.39
92.14
92.61
84.27
94.23
95.02
93.77
92.48
104.74
75.50
94.64
100.92
100.75
100.69
100.82
96.67
80.40
92.85
92.56
93.04
90.99
107.04
68.44
93.91
101.54
100.40
100.06
100.78
95.97
79.31
95.78
92.53
97.85
90.44
117.54
63.09
92.86
102.74
100.46
100.88
99.99
97.34
82.35
91.74
93.35
90.78
91.65
105.32
71.98
94.24
101.18
100.53
100.39
100.69
95.66
81.62
90.93
92.51
89.97
91.44
106.45
70.19
94.18
101.30
100.31
99.92
100.74
95.54
80.32
98.80
94.43
101.61
90.28
110.64
65.02
93.21
102.34
100.87
100.97
100.76
97.81
78.70
92.18
91.45
92.73
90.00
118.93
61.79
92.36
102.74
100.66
101.21
100.06
96.37
78.42
91.42
91.50
91.49
90.02
119.65
61.21
92.42
103.01
99.90
100.81
98.91
96.13
79.01
93.84
92.22
94.92
89.74
120.07
60.45
92.15
103.16
99.59
100.26
98.87
96.82
101.55
96.95
111.68
106.08
106.37
108.72
90.79
120.46
94.29
104.21
98.47
96.01
103.03
99.23
116.30
98.59
111.78
105.58
109.63
107.27
93.98
121.39
98.28
112.38
104.75
111.17
107.74
92.88
121.93
97.49
112.30
107.34
107.89
108.44
91.87
120.17
103.15
97.41
112.96
104.49
106.38
108.79
90.64
120.81
102.99
98.79
111.20
105.05
107.54
106.95
93.94
120.44
103.90
98.90
111.18
105.47
106.05
106.65
94.13
120.85
103.71
99.99
106.10
102.45
97.55
104.20
95.83
117.67
103.13
99.39
109.49
104.38
103.30
106.14
94.76
117.61
79.19
99.41
93.99
102.88
90.56
113.60
64.69
93.24
102.50
100.65
100.59
100.72
98.06
104.32
78.66
97.34
92.77
100.22
90.74
117.25
63.70
93.19
102.83
100.21
100.58
99.81
97.72
102.94
77.44
99.42
94.48
102.58
90.60
112.12
64.84
93.48
102.55
100.90
100.93
100.86
97.90
104.42
79.40
98.63
93.30
102.00
90.76
115.77
64.29
93.31
102.57
100.49
100.84
100.11
98.03
101.82
79.21
95.50
93.18
96.95
90.75
107.94
67.18
93.75
101.96
100.62
100.18
101.11
96.66
102.14
95.79
103.40
95.10
96.81
102.62
99.89
115.38
79.92
80.85
93.57
91.39
92.14
92.40
90.94
94.30
90.62
91.16
106.80 106.97
67.42
68.98
93.67
94.04
101.38 101.54
100.31 100.36
99.98 100.15
100.67 100.59
96.06
95.63
101.82 102.02
99.84
100.05
105.84 106.67
100.82 102.91
99.22
96.95
103.92 104.44
95.23
96.53
117.62 118.53
91.94
90.65
79.31
97.41
93.93
99.62
90.37
109.42
65.79
93.31
102.16
100.84
100.60
101.10
97.25
101.37
79.06
98.76
94.21
101.67
90.45
111.44
65.08
93.31
102.39
100.82
100.77
100.86
97.75
103.94
93.26
80.47
94.95
92.61
96.45
90.23
118.19
62.60
92.59
102.83
100.46
100.88
99.99
97.25
97.23
111.47
106.70
106.87
108.76
90.57
121.42
101.89
95.68
109.41
105.76
104.33
108.89
90.09
119.44
101.90
95.32
109.25
105.53
102.54
109.18
90.68
118.50
102.83
95.65
110.60
106.36
105.91
109.37
91.35
118.19
91.27
91.34
95.49
92.70
90.43
101.29
99.98
104.17
101.03
93.81
103.41
97.27
117.15
89.57
93.19
94.69
94.96
96.03
96.26
95.66
94.22
89.93
90.97
90.61
92.81
75
76
90.17
97.71
90.31
94.49
94.63
93.04
91.87
90.23
88.99
97.08
88.44
95.29
89.56
95.01
90.93
93.57
92.32
94.09
93.85
94.19
94.12
93.55
95.17
92.61
95.37
91.83
94.48
92.09
92.92
90.29
91.36
89.11
88.71
89.45
88.24
89.21
90.45
90.62
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
94.96
97.01
92.89
62.51
82.13
105.54
71.65
84.82
100.34
97.47
95.24
99.92
99.29
97.14
103.39
102.43
104.55
139.40
76.74
110.56
58.81
82.51
101.73
95.95
93.03
99.20
100.49
92.61
95.19
89.95
52.63
80.32
107.14
65.88
84.69
100.72
97.25
94.66
100.10
99.11
93.08
96.38
89.63
74.69
78.81
107.21
62.83
83.95
100.98
96.69
94.06
99.60
98.87
95.37
98.60
92.03
94.67
77.67
107.34
60.70
83.27
101.14
96.59
93.87
99.61
99.20
96.80
98.67
94.92
112.06
77.50
107.96
60.41
83.09
101.26
96.66
93.82
99.82
99.57
97.77
111.38
101.54
121.67
127.74
75.68
113.07
56.43
81.86
101.83
95.58
92.63
98.88
101.66
101.74
100.91
90.86
97.82
107.77
96.74
103.40
86.60
100.39
89.23
97.64
109.77
105.23
103.91
84.46
101.85
91.88
98.69
110.35
114.95
105.01
81.30
103.59
89.25
98.70
112.94
115.74
106.12
85.46
104.67
86.60
97.22
115.17
115.92
106.63
87.35
104.51
86.71
96.42
116.62
118.33
107.25
90.14
104.83
87.93
94.44
120.78
119.99
107.72
90.12
104.39
87.48
94.71
124.17
118.55
108.42
91.92
104.54
85.50
94.22
124.52
117.55
108.77
90.11
104.47
81.38
87.57
94.94
131.05
115.74
108.74
27.26
104.23
104.08
86.32
94.72
127.89
110.93
108.87
103.74
102.95
93.06
93.84
92.47
93.17
72.67
116.05
50.23
80.04
101.70
94.40
90.77
98.48
98.68
104.37
82.94
93.18
127.76
109.22
109.16
107.88
102.37
96.34
95.58
97.35
120.79
72.51
116.45
50.18
79.76
101.79
94.11
90.49
98.18
98.98
97.35
90.89
97.75
111.01
112.99
104.43
82.06
102.88
107.88
101.10
115.12
146.64
75.99
112.26
57.24
82.01
101.88
95.61
92.68
98.87
101.06
100.80
94.09
94.11
94.28
93.36
73.37
115.78
50.53
81.11
101.81
94.72
91.20
98.68
98.92
96.48
104.72
102.83
106.89
145.16
76.65
111.23
58.68
82.38
101.87
95.88
92.95
99.13
100.75
100.54
98.60
98.42
99.04
119.36
74.10
115.39
52.43
81.25
101.44
95.10
91.78
98.82
99.31
95.60
101.92
103.31
100.64
132.98
77.00
109.83
59.06
82.85
101.76
95.95
93.06
99.17
100.30
99.35
105.69
101.03
110.68
122.88
74.89
114.46
54.49
81.49
101.55
95.28
92.10
98.84
100.57
98.15
94.32
97.47
107.85
97.27
103.02
95.56
100.30
99.04
102.48
95.54
132.43
77.31
108.93
60.27
82.78
101.42
96.36
93.44
99.60
99.86
99.17
87.62
96.68
116.38
117.50
106.97
88.27
104.60
102.44
98.78
106.41
116.10
74.51
114.68
53.47
81.43
101.66
95.17
91.93
98.80
100.11
97.03
86.72
94.63
126.91
115.69
108.70
78.26
104.05
92.83
94.38
91.30
57.88
80.74
106.34
67.55
84.56
100.34
97.27
94.75
100.04
99.27
89.19
95.68
107.15
96.03
102.61
96.50
99.20
94.47
97.21
91.63
83.21
78.57
107.41
62.46
83.75
101.03
96.80
94.11
99.78
99.19
96.80
90.71
97.98
109.72
107.48
104.21
83.60
102.18
106.46
87.74
96.07
130.43
110.28
109.35
109.23
104.24
98
99
100
84.90
95.17
92.60
78.67
94.37
91.09
77.32
95.66
91.63
77.86
94.93
90.36
82.07
94.25
91.72
80.46
94.04
91.51
78.43
94.13
90.95
77.92
94.37
90.84
77.88
94.92
91.06
77.43
95.28
91.29
78.37
95.60
91.54
75.79
95.92
91.79
77.68
95.85
91.89
78.04
95.75
92.28
77.39
95.43
90.97
79.19
94.62
89.55
76.81
93.90
88.64
76.19
93.69
88.14
76.86
94.14
88.56
99.97
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government,
are included in services. Beginning with 1986, repairs and alterations of equipment are reclassified from goods to services.
100.09
107.64
105.08
100.21
105.02
94.28
117.39
2. Includes parts of foods, feeds, and beverages, of nondurable industrial supplies and materials, and of nondurable
nonautomotive consumer goods.
August 2 0 0 2
Quantity and Price Indexes
98
Table 7.11. Chain-Type Quantity and Price Indexes for Government Consumption Expenditures and Gross Investment by Type
[Index numbers, 1996=100]
Seasonally adjusted
Line
1998
1999
2000
2001
1998
1999
2000
IV
I
2001
2002
II
Chain-type quantity indexes
Government consumption expenditures and gross
investment1
Federal
104.32 108.34 111.29 115.36
98.84 101.16 102.42 107.33 100.02
106.61
107.37
108.76
110.64
110.29
111.55
99.17
99.81
101.60
104.03
100.41
104.21
102.27
112.06
113.63
115.19
114.87
119.37
102.78
105.15
106.70
107.01
110.46 112.46 114.48
102.51
102.17
116.02
129.00
100.50
97.29
103.83
104.58
96.45
97.66
97.27
108.05
122.09
95.86
96.60
95.57 95.51 98.70 101.07 95.61 99.00 97.46 98.58 100.56
96.80 95.16 97.85 100.87 94.85 98.88 96.99 98.34 100.70
96.28 110.08 118.56 107.85 108.69 108.74 108.75 105.99 107.25
99.28 112.06 139.26 112.52 131.17 130.28 117.15 109.75 112.62
96.72 93.65 95.34 100.09 92.93 97.35 95.64 97.52 99.93
90.89
90.55
91.09
92.22
91.49
90.86
99.08
96.32
93.30
76.10
95.85
99.11
104.02
98.27
72.18
102.20
99.21
102.45
100.36
99.03 99.04 99.05
118.09 102.22 103.94
104.87 94.53 88.50
99.08
94.19
97.90
74.49
101.40
Nondefense
Consumption expenditures
Durable goods2
Nondurable goods
Commodity Credit Corporation inventory
change
Other nondurables
Services
Compensation of general government
employees, except own-account investment3
Consumption of general government fixed
capital4
Other services
Gross investment
Structures
Equipment and software
105.29
102.52
108.15
103.31
112.06
124.08
102.03
92.50
103.34
79.78 111.07 118.77
102.35
107.82
100.48
100.83
118.94
97.78
118.44
95.06
132.05
96.10
State and local
Consumption expenditures
Durable goods2
Nondurable goods
Services
Compensation of general government employees,
except own-account investment3
Consumption of general government fixed capital4
Other services
Gross investment
Structures
Equipment and software
National defense
Consumption expenditures
Durable goods2
Nondurable goods
Services
Compensation of general government
employees, except own-account investment3
Consumption of general government fixed
capital4
Other services
Gross investment
Structures
Equipment and software
Addenda*
Compensation of general government employees3
Federal
State and local 5
See footnotes at the end of the table.
95.67
96.12
101.79
103.99
97.71
97.67
108.19
115.78
95.49
93.37
96.85
69.33 68.01
105.09 110.58
71.29
98.02
76.22
90.26
117.10
106.45
106.50
105.55
115.45
147.67
103.74
108.05
118.29
149.88
106.22
110.47
118.13
151.98
108.81
90.23
90.74
90.73
90.49
91.23
91.06
90.94
91.13
91.99
92.68
99.23
92.50
100.50
65.48
105.88
99.24
107.41
100.05
70.58
104.52
99.21
101.34
100.58
74.80
104.43
99.16
108.53
100.30
66.47
105.52
99.09
115.79
99.88
69.51
104.50
99.00
113.05
104.02
69.08
109.40
99.00
114.02
107.51
62.97
114.54
99.01
129.50
108.08
70.49
113.87
99.06
136.73
113.93
63.21
122.04
99.22
144.68
113.97
62.92
122.14
104.08
70.03
109.27
102.58
67.98
107.87
110.06 110.14 114.76 112.04 111.31 114.47 117.76 116.40 119.78 119.91 121.75
103.06 103.67 105.21 109.79 107.96 107.30 110.23 113.35 112.89 114.55 114.99 116.18
94.61
94.01
90.71
103.98
103.40 102.46 103.77
100.86
99.26
145.07
99.73
133.55
85.50
161.93
155.81
109.87
137.77
80.33
172.20
123.64
93.09
119.38
101.14
129.32
126.97
93.50
130.34
94.86
133.78
97.90
107.56
106.25
114.48
110.66
105.56
112.58 11C.52
110.23 114.39
123.20 131.64
120.38 128.91
108.37 112.38
120.11
117.93
139.80
136.09
115.40
109.26
107.54
117.34
113.58
106.64
111.00
108.47
119.77
116.45
107.33
103.25
110.97
143.42
113.41
109.38
126.56
104.44
117.48
187.17
12-2.94
1*7.39
M1.34
106.51
123.97
216.70
126.05
118.54
151.59
108.72
129.92
231.02
129.86
121.33
159.28
103.79
113.36
153.08
116.97
112.27
132.40
101.32
96.00
103.36
101.81
94.49
104.63
103.53
95.43
106.66
105.41
95.56
109.21
101.69
95.86
103.93
131.54 151.96
101.61
125.48
127.68
99.27
90.00
107.53
131.40
95.67
100.82
115.90
128.04
99.05
99.13 99.18
99.56 118.40
91.19
108.53
102.90
107.56 112.76 103.72 103.62
101.23 102.38 105.87 108.82 110.93
90.69 90.08 87.95 92.96 48.12 104.59 106.50 113.29 119.91 127.22 134.66
103.75 105.05 109.95 107.63 108.65 109.39 111.39 112.35 113.74 113.95 114.57
99.45 103.21 109.28 102.46 100.96 103.08 103.33 103.76 103.41 103.95 103.82
140.56 143.67 146.62 149.44 151.85
93.65 96.88 101.53 106.88 104.13
120.08 135.65 128.92
97.63 90.78 92.39
132.57 161.87 149.99
137.10
98.14
140.94
101.88
163.42
133.76
92.78
157.59
138.63
86.02
169.85
131.44
81.33
161.18
130.37
81.85
159.12
134.63
82.80
165.46
154.45
109.43
138.75
74.31
177.78
157.08
110.77
132.82
75.34
167.40
159.86
115.13
144.89
88.85
178.17
162.56
113.63
143.43
101.08
167.59
111.83
109.66
122.02
119.23
108.32
112.98
110.92
124.29
121.79
109.42
114.54
112.06
126.72
124.05
110.40
116.11
113.14
128.77
126.03
111.35
115.88
113.98
130.76
128.07
112.04
116.56
114.81
132.89
129.82
112.72
117.52
115.63
134.15
131.71
113.40
118.63
116.07
136.45
133.54
113.65
120.20
117.18
138.78
135.42
114.65
119.51
118.62
140.85
136.83
116.08
122.09
119.84
143.12
138.57
117.22
123.47 123.13
120.56
145.10
139.93
117.84
121.04
146.72
140.90
118.25
103.72
115.00
169.04
122.32
118.07
136.10
104.07
116.65
183.31
121.55
115.94
140.13
104.71
118.31
193.68
122.22
115.87
143.43
105.28
119.95
202.64
125.69
119.66
145.68
105.90
121.61
209.37
129.54
124.31
146.44
106.27
123.21
215.12
124.34
116.83
149.88
106.71
124.77
219.24
124.37
115.97
153.31
107.16
126.30
223.06
125.95
117.06
156.71
107.23
127.70
224.40
130.12
122.40
156.25
108.06
129.18
227.87
133.87
126.42
158.88
109.39
130.67
231.64
123.28
112.62
161.43
110.19
132.15
240.18
132.17
123.86
160.55
110.53
133.88
245.08
136.57
130.10
157.30
110.80
135.17
246.24
132.41
125.24
156.18
101.70
95.74
103.99
94.60
104.25
94.20
104.84
102.09 102.96 103.92 103.55 103.70 104.31 104.95 105.89 106.48 106.98 107.26
93.43 94.91 97.48 95.01 94.32 95.50 95.54 95.60 95.59 96.38 96.75
105.42 106.07 106.39 106.85 107.31 107.71 108.58 109.87 110.69 111.06 111.31
165.47
114.93
148.67
91.99
182.33
August 2002
99
SURVEY OF CURRENT BUSINESS
Table 7.11. Chain-Type Quantity and Price Indexes for Government Consumption Expenditures and Gross Investment by Type—Continued
[Index numbers, 1996=100]
Seasonally adjusted
Line
1998
2000
2001
1998
1999
2001
2000
IV
2002
I
Chain-type price indexes
Government consumption expenditures and gross
investment1
103.72 106.52 110.65 113.27 104.36 105.20 106.13 106.96 107.78 109.46 110.26 111.07 111.80 112.96 113.47 113.37 113.27 114.27 115.01
102.63 105.08 108.23 110.09 103.15 104.35 104.82 105.37 105.78 107.87 108.05 108.48 108.51 109.73 110.15 110.30 110.18 112.42 112.95
Federal .
National defense
Consumption expenditures
Durable goods2
Nondurable goods
Services
Compensation of general government
employees, except own-account investment3
Consumption of general government fixed
capital4
Other services
Gross investment
Structures
Equipment and software
Nondefense
Consumption expenditures,
Durable goods2
Nondurable goods
Commodity Credit Corporation inventory
change
Other nondurables
Services
Compensation of general government
employees, except own-account investment'
Consumption of general government fixed
capital4
Other services
Gross investment
Structures
Equipment and software
State and local
Consumption expenditures
Durable goods2
Nondurable goods
Services
Compensation of general government employees,
except own-account investment3
'•*
Consumption of general government fixed capital4
Other services
Gross investment
Structures
Equipment and software
Addenda:
Compensation of general government employees3
Federal
State and local 5
102.22 104.45 107.53 109.27 102.59 103.78 104.16 104.67
103.13 105.65 109.28 111.50 103.70 104.88 105.32 105.93
98.83 98.75 99.36 99.37 98.68 98.84 98.68 98.55
87.00 91.22 110.73 106.08 85.29 82.51 87.96 94.17
103.94 106.63 109.95 112.61 104.65 106.04 106.38 106.86
107.09
108.76
99.36
106.53
109.51
105.60 110.04 114.75 118.58 106.52 109.50 109.98 110.18 110.48 114.65
107.80 107.96 109.03
108.98 109.58 109.79 111.16
99.31 99.43 99.35 99.38
105.52 112.12 118.76 110.28
109.81 110.24 110.26 112.07
107.27
109.34
111.52
99.48
108.19
112.54
109.51 109.21 111.14 111.60
111.76 111.55 113.89 114.48
99.29 99.31 99.52 99.62
106.74 99.09 94.31 99.87
112.89 112.95 115.74 116.18
114.67 114.94 114.72 118.05 118.67 118.91
118.68 124.71 125.10
99.76 100.13 101.74 101.84 99.67 99.68 99.82 100.28 100.74 101.46 101.68 101.95 101.89 101.71 101.91 101.84 101.89 102.30 102.34
104.55 106.35 108.92 111.79 105.58 105.59 105.85 106.79 107.16 107.84 108.62 109.39 109.83 110.96 111.40 112.19 112.61 113.04 113.75
96.91 97.49 97.62 96.77 96.18 97.44 97.48 97.42 97.63 97.60 97.53 97.73 97.64 97.01 97.10 96.88 96.11 95.88 95.63
106.16 110.17 114.80 118.80 107.64 108.33 109.75 110.76 111.85 113.10 114.36 115.25 116.51 117.73 118.40 119.09 119.97 120.94 121.64
95.75 95.96 95.67 94.40 94.78 96.10 95.99 95.82 95.95 95.81 95.61 95.74 95.53 94.74 94.78 94.48 93.58 93.26 92.95
106.29 109.55 111.64 104.22 105.43 106.09 106.70 106.94 109.34 109.52 109.77 109.58 111.07 111.68 111.80 111.99 114.79 115.48
104.69 108.12 111.85 114.18 105.74 107.11 107.88 108.65 108.84 111.82 111.87 112.04 111.69 113.54 114.18 114.40 114.58 118.21 119.19
103.42
105.15
108.59
100.81 103.13 105.24 107.91 108.63 110.31 103.85 110.29 110.65 109.05 105.96 106.60
98.39
112.33 114.75 106.23 107.64 108.39 109.11 109.23 112.30 112.34 112.44 112.25 114.06 114.66 114.97 115.30 119.16 119.95
107.37
112.80
117.84 120.51 109.17 111.32 112.62 113.77 113.50 118.44 117.92 117.89 117.10 119.78 120.45 120.74
98.16 99.11 100.98 102.45 98.05 98.66 99.00 99.18 99.59 100.08 100.80 101.24 101.81
104.40 105.40 107.77 110.27 104.76 105.18 105.07 105.34 106.02 107.05 107.78 107.92 108.32
97.86 98.66 100.21 101.39 97.73 98.36 98.61 98.66 99.02 99.40 99.98 100.54 100.90
105.93 109.07 113.37 116.73 107.00 107.77 108.61 109.37 110.53 111.74 113.02 113.87 114.85
94.38 94.34 95.00 95.58 93.78 94.36 94.42 94.25 94.33 94.44 94.80 95.29 95.47
107.33 111.98 115.01 105.05 105.71 106.87 107.86 108.90
104.71 107.92 112.85 115.99 105.42 106.13 107.40 108.52 109.62
99.21 98.97 99.40 100.11 99.09 99.07 98.91 98.78 99.11
94.31 97.78 110.67 109.20 92.66 92.43 96.47 100.17 102.06
106.17 109.41 113.32 117.18 107.21 108.07 109.00 109.79 110.79
104.35
106.63
101.44
109.60
102.80
106.29
92.89
110.38
103.00
108.87
104.91
110.13
90.63
114.40
105.84
113.15
108.41
115.26
90.20
118.80
107.64
114.44
111.00
119.49
88.96
107.80
101.84
110.01
103.49
107.68
91.79
108.89
102.11
108.75
103.92
108.50
91.20
109.94
102.82
108.33
104.66
109.74
90.72
110.81
103.17
108.86
105.10
110.52
90.32
111.88
103.89
109.55
105.94
111.74
90.26
121.05
128.03 129.37
102.05
109.51
101.10
115.87
95.43
102.62
109.99
101.58
116.49
95.87
102.42
110.60
101.33
116.90
95.47
102.71
110.99
101.55
117.67
95.55
102.68
111.93
101.39
117.97
95.26
102.48
112.41
100.99
118.39
94.62
110.36
111.21
99.09
108.47
111.73
111.50 112.49
112.31 113.35
99.38
99.26
109.34 111.42
112.88 113.78
113.59
114.54
99.85
113.43
114.87
114.73
115.76
99.86
112.43
116.44
115.28
116.35
100.13
112.57
117.11
115.06
116.04
100.18
108.93
117.28
114.97
115.79
100.29
102.88
117.89
115.29
116.19
100.58
103.13
118.31
116.15
117.19
100.83
106.89
118.91
112.81
104.57
111.07
106.86
113.06
90.18
113.92
105.61
112.98
108.15
114.88
90.17
114.92
106.35
113.03
108.98
115.99
90.36
115.97
106.83
115.54
109.67
117.10
90.08
117.36
107.46
120.53
110.50
118.59
89.37
118.41
107.64
117.72
110.88
119.21
89.19
119.24
107.56
111.10
111.01
119.49
120.18
107.92
108.42
111.60
120.67
88.28
120.79
107.94
107.45
111.62
120.81
88.02
121.54
108.05
107.23
111.91
121.33
87.71
106.54 110.57 114.80 118.94 107.73 109.22 110.21 111.01 111.82 113.67 114.44 115.22 115.89 117.71
106.27 111.09 115.93 119.30 107.53 110.18 110.99 111.56 111.64 116.12 115.92 116.07 115.62 118.69
106.63 110.38 114.41 118.80 107.80 108.89 109.94 110.81 111.88 112.82 113.92 114.93 115.98 117.37
1. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
2. Consumption expenditures for durable goods excludes expenditures classified as investment, except for goods transferred to foreign countries by the Federal Government.
3. Compensation of government employees engaged in new own-account investment and related expenditures for
goods and services are classified as investment in structures and in software. The compensation of all general government
105.18
106.49
98.94
100.25
107.23
118.66 119.34 120.04 122.10 122.86
119.33 119.59 119.58 125.98 126.76
118.42 119.25 120.19 120.80 121.55
employees is shown in the addenda.
4. Consumption of fixed capital, or depreciation, is included in government consumption expenditures as a partial
measure of the value of the services of general government fixed assets; use of depreciation assumes a zero net return on
these assets.
5. Beginning with 2001, in accordance with the Consolidated Appropriations Act of 2001, includes compensation of
employees of Indian tribal governments reclassified from the private sector.
Quantity and Price Indexes
100
August 2 0 0 2
Table 7.12. Chain-Type Quantity and Price Indexes for National Defense Consumption Expenditures and Gross Investment by Type
[Index numbers, 1996=100]
Line
1999
1998
2000
Line
2001
1998
Chain-type quantity indexes
National defense consumption expenditures and
gross investment >
National defense consumption expenditures and
gross investment'
95.67
97.71
97.66
102.51
Consumption expenditures
96.12
97.67
97.27
102.17 Consumption expenditures..
Durable goods2
Aircraft
Missiles
Ships
Vehicles
Electronics
Other durable goods
101.79
113.26
88.00
96.37
92.42
100.16
92.33
108.19
119.65
83.48
133.85
74.26
108.05
113.96
89.78
116.97
99.34
130.41
99.11
Nondurable goods
Petroleum products
Ammunition
Other nondurable goods
103.99
89.23
134.36
105.54
115.78
96.67
137.12
125.55
95.49
93.37
95.11
90.44
99.08
96.32
86.47
91.34
113.05
104.96
94.21
92.99
61.07
Services
Compensation of general government employees,
except own-account investment3
Military
Civilian
Consumption of general government fixed capital4
Other services
Research and development
Installation support
Weapons support
Personnel support
Transportation of material
Travel of persons
Other
107.53
109.27
105.65
109.28
111.50
99.36
99.14
99.30
99.06
99.37
99.59
98.96
99.30
130.36
89.31
100.18
130.05
87.35
100.69
137.41
104.54
100.19
98.28
99.52
98.99
119.63
90.42
99.87
122.09
89.84
130.08
153.32
129.00
100.55
154.67
146.38
Nondurable goods
Petroleum products
Ammunition
Other nondurable goods
87.00
67.94
97.58
100.63
91.22
78.63
96.96
101.50
110.73
106.08
132.58
97.23
103.24
116.91
96.97
104.72
96.45
95.86
100.50
106.63
109.95
112.61
90.55
94.22
84.42
99.21
102.45
93.24
90.24
119.67
119.52
98.29
123.08
118.53
94.73
Services
Compensation of general government employees,
except own-account investment3
Military
Civilian
Consumption of general government fixed c a p i t a l Other services
Research and development
Installation support
Weapons support
Personnel support
Transportation of material
Travel of persons
Other
103.94
90.89
93.41
86.64
99.11
104.02
97.26
91.01
105.60
104.24
108.00
99.76
104.55
104.43
102.98
105.19
108.07
100.52
103.89
108.08
110.04
108.25
113.22
100.13
106.35
105.88
104.72
107.68
111.16
100.28
102.36
110.12
114.75
112.57
118.66
101.74
108.92
108.30
105.93
110.63
115.39
104.25
102.74
113.44
118.58
116.64
122.00
101.84
111.79
110.14
108.82
113.49
119.96
107.14
103.53
118.74
147.47
65.42
135.50
81.12
105.02
66.32
100.36
104.87 Gross investment
Structures
76.10
72.18
69.33
68.01
Equipment and software
Aircraft
Missiles
Ships
Vehicles
Electronics and software
Other equipment
95.85
102.20
77.12
71.99
100.87
140.19
136.97
105.09
90.43
63.93
95.93
156.94
143.57
96.10
110.58
104.86
86.17
105.26
160.62
132.69
101.96
90.83
90.49
91.04
1. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
2. Consumption expenditures for durable goods excludes expenditures classified as investment, except for goods transferred to foreign countries.
3. Compensation of government employees engaged in new own-account investment and related expenditures for
104.45
103.13
98.75
98.27
93.35
102.22
98.31
98.87
98.89
111.13
93.38
102.02
60.03
Addendum:
Compensation of general government employees3
2001
98.83
93.30
68.00
84.19
95.07
125.81
126.11
90.73
2000
Durable goods2...
Aircraft
Missiles
Ships
Vehicles
Electronics
Other durable goods
116.02
124.96
96.24
91.09
95.79
83.28
99.03
118.09
120.48
95.62
146.91
135.43
93.56
105.61
66.36
Gross investment
1999
Chain-type price indexes
96.91
97.49
97.62
96.77
Structures
106.16
110.17
114.80
118.80
Equipment and software
Aircraft
Missiles
Ships
Vehicles
Electronics and software
Other equipment
95.75
90.66
95.80
99.79
98.44
91.52
100.30
95.96
98.34
93.92
98.75
99.22
89.71
100.18
95.67
93.11
95.48
101.25
97.35
89.71
100.78
94.40
86.73
93.45
101.01
95.72
89.12
101.56
105.61
110.05
114.77
118.59
Addendum:
Compensation of general government employees3
72
goods and services is classified as investment in structures and in software. The compensation of all general government
employees is shown in the addendum.
4. Consumption of fixed capital, or depreciation, is included in government consumption expenditures as a partial
measure of the value of the services of general government fixed assets; use of depreciation assumes a zero net return on
these assets.
August 2002
101
SURVEY OF CURRENT BUSINESS
Table 7.13. Chain-Type Quantity and Price Indexes for Gross Government Fixed Investment by Type
[Index numbers, 1996=100]
Line
1999
1998
2000
2001
Line
1998
Chain-type quantity indexes
Gross government fixed investment1
Gross government fixed investment1
109.67
118.66
121.44
125.43
Federal
National defense .
Nondefense
102.55
110.47
93.30
118.44
98.27
131.40
112.58
100.36
133.55
116.98
104.87
137.77
Federal
National defense .
Nondefense
State and local
State and local
113.41
122.94
126.05
129.86
Structures2
Federal
National defense
New
Buildings
Residential
Industrial
Military facilities3
Net purchases of used structures ...
Nondefense
New
Buildings
Residential
Industrial
Educational
Hospital
Other4
Highways and streets
Conservation and development..
Other5
Net purchases of used structures ...
106.65
87.93
76.10
76.11
91.61
94.59
84.85
69.61
113.51
86.84
72.18
72.20
85.20
87.71
79.48
66.75
113.59
79.43
69.33
69.35
83.67
79.23
93.16
63.34
95.06
87.32
91.70
95.67
87.02
81.61
85.50
81.93
71.18
42.46
36.46
47.00
81.03
105.47
66.03
87.96
81.05
65.29
96.11
62.23
98.70
83.60
43.86
83.84
79.35
96.15
81.93
2
115.55 Structures
Federal
75.72
National defense
68.01
New
68.03
Buildings
98.61
90.78
Residential
115.47
Industrial
55.10
Military facilities'
Net purchases of used structures
Nondefense
80.33
82.60
New
67.34
Buildings
Residential
Industrial
68.81
Educational
38.17
Hospital
74.78
Other4
64.40
Highways and streets
108.85
Conservation and development
75.54
Other-5
Net purchases of used structures
State and local
New
Buildings
Residential
Industrial
Educational
Hospital
Other4
Highways and streets ....
Conservation and development.
Sewer systems
Water systems
Other5
Net purchases of used structures ..
109.38
109.30
111.91
93.35
117.39
117.35
122.83
78.21
118.54
118.59
129.62
66.98
121.33
123.63
138.61
74.00
117.84
91.20
110.41
112.87
88.98
84.61
113.90
103.57
112.21
137.47
91.37
115.85
118.77
100.80
78.37
114.69
120.93
118.60
155.04
89.50
112.77
113.77
107.46
65.34
97.29
139.97
117.00
167.17
94.65
118.56
119.98
111.62
67.16
103.90
116.10
39.84
114.02
126.14
117.04
102.20
77.12
71.99
100.87
140.19
136.97
96.66
151.96
141.34
133.06
140.27 Equipment and software2
106.50
95.85
68.00
84.19
95.07
125.81
126.11
90.73
131.54
126.56
122.04
105.09
90.43
63.93
95.93
156.94
143.57
96.10
161.93
151.59
128.96
110.58
104.86
86.17
105.26
160.62
132.69
101.96
172.20
159.28
105.28
128.66
104.28
144.30
101.99
98.85
117.90
112.52
148.08
117.06
168.18
107.57
103.60
127.76
113.00
151.06
101.18
185.26
107.73
103.28
130.48
110.98
149.02
87.75
192.14
105.71
100.33
133.70
Equipment and software2
Federal
»i-. National defense
Aircraft
Missiles
Ships
Vehicles
Electronics and software
Other equipment
Nondefense
State and local
Addenda:
Government enterprise gross fixed investment..
Federal
Structures
Equipment and software
State and local
Structures
Equipment and software
1. Consists of general government and government enterprise expenditures for fixed assets.
2. Structures and software include compensation of government employees engaged in new own-account investment and
related expenditures for goods and services.
3. Consists of Department of Defense new structures, except family housing.
1999
2000
2001
Chain-type price indexes
State and local
New
Buildings
Residential
Industrial
Educational
Hospital
Other4
Highways and streets
Conservation and development
Sewer systems
Water systems
Other5
Net purchases of used structures
Federal
National defense
Aircraft
Missiles
Ships
Vehicles
Electronics and software
Other equipment
Nondefense
State and local
Addenda:
Government enterprise gross fixed investment
Federal
Structures
Equipment and software
State and local
Structures
Equipment and software
101.01
102.66
105.28
107.04
97.29
97.96
96.91
97.86
97.49
98.66
98.71
97.62
100.21
96.77
101.39
98.74
102.80
104.91
108.41
111.00
106.26
115.12
119.29
106.01
106.16
106.17
106.21
105.49
108.14
106.13
106.95
105.93
106.00
107.36
110.05
109.43
110.17
110.17
110.81
110.25
112.36
109.81
110.55
109.07
109.10
111.84
113.84
114.80
114.80
115.86
115.32
117.41
114.21
115.39
113.37
113.44
116.77
117.41
118.80
118.80
119.91
119.69
120.85
118.18
118.65
116.73
116.73
121.20
108.05
106.93
108.38
106.97
105.92
104.57
105.32
112.36
111.19
112.33
111.58
109.87
106.31
107.93
117.45
116.84
117.23
116.48
115.26
109.86
112.48
120.76
121.10
121.79
121.08
119.31
112.12
115.74
106.29
106.29
107.11
105.50
110.13
110.10
111.68
110.28
115.26
115.24
116.59
115.59
119.49
119.45
121.11
120.54
106.96
108.49
107.38
105.91
104.94
104.17
104.21
106.45
106.24
111.59
112.68
111.88
109.56
106.36
106.43
106.42
108.85
110.95
116.47
117.43
116.83
115.09
109.83
112.25
112.24
113.42
115.97
121.10
121.70
121.12
119.31
112.05
116.49
116.53
116.08
120.98
94.31
93.43
95.40
95.96
98.34
93.92
98.75
99.22
89.71
100.18
94.34
90.63
93.29
95.28
95.75
90.66
95.80
99.79
98.44
91.52
100.30
94.38
92.89
92.45
94.94
94.40
86.73
93.45
101.01
95.72
89.12
101.56
95.58
88.96
103.21
96.67
106.12
91.94
104.26
105.12
96.47
109.57
90.19
106.58
105.74
97.45
108.72
97.16
95.48
95.67
93.11
95.48
101.25
97.35
89.71
100.78
95.00
90.20
108.77
97.54
113.91
90.01
110.75
113.92
97.41
111.07
97.68
117.14
89.22
113.48
117.55
96.85
4. Consists primaril
larily of general office buildings, police and fire stations, courthouses, auditoriums, garages, and
passenger terminals.
5. Consists primarily of electric and gas facilities, transit systems, and airfields.
Quantity and Price Indexes
102
August 2 0 0 2
Table 7.14. Chain-Type Quantity and Price Indexes for Gross Domestic Product by Sector
[Index numbers, 1996=100]
Seasonally adjusted
Line
1998
1999
2000
2001
1999
1998
2000
IV
2001
2002
I
Chain-type quantity indexes
108.91
113.39
117.64
117.94
110.94
111.78
112.32
113.74
115.70
116.44
117.82
117.99
118.31
118.13
119.84
120.16
109.96
115.05
119.69
119.56
112.26
113.22
113.83
115.45
117.70
118.39
119.89
120.08
120.39
120.03 119.30 119.03 119.88 121.52
121.80
Nonfarm2
Nonfarm less housing
Housing
Farm
109.96
110.69
103.41
108.77
115.02
115.84
107.63
117.23
119.58
120.58
110.61
130.69
119.51
120.48
110.86
124.00
112.27
113.11
104.77
110.79
113.21
114.01
106.09
112.75
113.77
114.52
106.97
119.38
115.42
116.22
108.27
117.15
118.29
119.23
109.85
128.95
119.79
120.86
110.23
130.44
119.94
120.95
110.94
135.17
120.30
121.30
111.42
128.21
119.98
121.02
110.69
124.67
119.29
120.15
111.56
118.82
119.03
119.93
111.00
117.52
119.73
120.81
110.18
134.98
121.43
122.67
110.59
129.90
121.76
122.80
112.49
124.32
Households and institutions
106.70
111.56
114.39
107.61
107.94
108.42
108.94
110.77
111.20 111.75
112.52
114.86
84.25
115.49
107.69
110.06
107.51
102.78
102.73
108.13
102.97
97.46
108.81
103.04
95.13
109.44
103.49
94.98
110.35
103.85
101.50
111.10
104.77
100.99
111.57
105.75
99.57
112.19
105.60
97.02
113.09
105.88
87.95
115.33
107.22
81.84
116.07
108.18
115.04 115.74
75.03 72.41
116.53
99.77
111.99
105.50
113.30
92.17
114.07
106.54
114.36
110.40
106.56
102.21
108.78
97.57
109.18
103.34
117.67
118.62
109.20
119.61
109.81
98.02
104.18
97.66
106.00
99.12
108.50
99.77
111.40
98.18
104.95
98.29
105.18
97.64
105.58
97.55
106.28
97.18
106.97
98.48
107.73
100.58
108.18
98.89
108.75
98.51
109.33
99.53
109.82
99.68
110.76
99.87
112.06
103.20
104.69
106.89
109.42
103.66
104.12
104.52
104.84
105.28
106.69
107.13
107.68
108.66 109.32
102.90
104.05
105.93
108.23
103.24
103.59
103.87
104.20
104.52 105.20 105.77
106.10
106.64
107.54 108.17
Nonfarm2
Nonfarm less housing
Housing
Farm
103.23
102.93
106.15
80.35
104.55
104.09
108.92
69.57
106.53
105.94
112.20
64.58
108.78
107.97
116.62
70.50
103.59
103.18
107.52
79.09
103.98
103.55
108.09
76.54
104.37
103.93
108.59
69.73
104.74
104.28
109.14
66.77
105.10
104.60
109.87
65.21
105.83
105.29
111.03
61.86
106.34
105.78
111.70
66.93
106.74
106.14
112.54
62.47
107.21
106.56
113.52
67.08
108.10
107.43
114.57
69.39
Households and institutions
Private households
Nonprofit institutions
103.19
105.44
103.12
105.49
104.30
106.04
106.33 110.86
115.28
104.47
105.86
107.68
109.03
109.97
111.80
112.64
117.43
115.20
116.48
114.23
117.47
106.68
104.40
106.50
105.17
107.11
105.19
107.28
105.12
107.78
106.58
113.22
110.78
112.88
108.19
106.53
108.67
107.70
109.11
108.75
105.76
109.39
108.22
109.92
109.83
107.60
110.16
108.41
110.95
111.29
108.95
111.80
111.73
111.85
112.90
109.87
112.55
113.98
111.73
113.29
111.90
113.92
114.80
112.57
113.90
111.63
114.90
Gross domestic product
Business1
Private households
Nonprofit institutions
General government3
Federal
State and local
117.66
117.58
118.37
116.49
108.83
117.31
109.42
73.25
118.10
109.81
100.02
112.95
100.78
113.46
101.24
113.81
109.92
109.78
110.14
110.46
108.73
108.47
108.65
108.88
108.68
107.94
115.82
72.67
109.22
108.39
117.20
75.07
109.11
108.11
118.89
64.85
109.16
108.02
120.25
73.18
109.57
108.38
121.20
60.83
113.74
114.82
116.17
116.37
117.13
118.46
116.91
113.64
115.44
113.75
116.20
116.80
114.75
116.26
117.77
116.11
116.80
114.44
117.85
118.44
116.30
117.42
114.47
118.71
120.48
117.03
119.13
118.97
119.25
121.29
118.37
119.75
Chain-type price indexes
Gross domestic product
Business1
General government3
Federal
State and local
108.49
106.25
109.00
107.85
109.52
111.74
113.41
107.08
108.10
106.08
111.70
112.95
114.29
117.14
119.50
119.92
1. Equals gross domestic product less gross product of households and institutions and of general government.
2. Equals gross domestic business product less gross farm product.
3. Equals compensation of general government employees plus general government consumption of fixed capital.
Table 7.15. Price, Costs, and Profit Per Unit of Real Gross Product of Nonfinancial Corporate Business
[Dollars]
Seasonally adjusted
Line
1997
1998
1999
2000
1997
1998
I
IV
II
1999
III
IV
I
II
2000
III
IV
I
II
2001
III
IV
I
Price per unit of real gross product of nonfinancial
corporate business'
1
1.011
1.017
1.043
1.061
1.012
1.014
1.015
1.017
1.022
1.032
1.042
1.047
1.052
1.056
1.061
1.067
1.058
1.056
Compensation of employees (unit labor cost)
2
.656
.668
.698
.708
.659
.665
.665
.669
.674
.688
.692
.702
.710
.712
.712
.710
.697
.695
Unit nonlabor cost
3
4
.240
.112
.244
.114
.254
.243
.112
.239
.241
.248
.261
.268
.271
.276
.273
.272
.113
.114
.115
.253
.117
.256
.112
.246
.115
.247
.118
.272
.129
.119
.121
.125
.127
.136
.129
.130
6
.098
.030
.098
.032
.100
.036
.104
.039
.100
.031
.097
.030
.097
.031
.098
.033
.099
.034
.099
.034
.100
.036
.100
.037
.102
.038
.104
.039
.105
.039
.101
.039
.105
.039
.105
.037
7
8
.114
.033
.106
.034
.091
.034
.081
.024
.111
.032
.110
.034
.109
.035
.103
.034
.102
.034
.097
.036
.097
.036
.090
.033
.081
.030
.076
.027
.078
.027
.080
.026
.088
.018
.088
.023
9
.081
.072
.057
.056
.079
.076
.074
.069
.068
.061
.061
.056
.051
.050
.051
.054
.070
.065
Consumption of fixed capital
Indirect business tax and nontax liability plus
business transfer payments less subsidies
Net interest
Corporate profits with inventory valuation and
capital consumption adjustments (unit profits
from current production)
Profits tax liability
Profits after tax with inventory valuation and
capital consumption adjustments
1. The implicit price deflator for gross product of nonfinancial corporate business divided by 100.
NOTE. Effective with the release scheduled for November 26, 2002, the estimates beginning with 1999 will be
revised to reflect revisions to the industry-based price indexes for gross product of nonfinancial corporate business.
II
August 2002
103
SURVEY OF CURRENT BUSINESS
Table 7.16B. Implicit Price Deflators for Private Inventories by Industry
[Index numbers, 1996=100]
Seasonally adjusted
Line
1998
1999
2000
2001
2002
95.21
95.34
96.12
97.09
97.83
99.07
99.41
99.58
100.31
100.59
99.48
98.04
98.48
Farm
85.78
91.52
91.93
91.51
92.90
99.49
97.09
92.86
98.56
104.39
102.66
96.33
95.07
97.32
95.61
Construction, mining, and utilities .
89.67
88.12
92.04
96.45
98.02
98.21
103.99
109.92
119.05
126.90
113.99
102.19
98.19
97.69
104.82
Manufacturing
Durable goods industries
Nondurable goods industries
94.67
95.32
93.62
94.34
94.91
93.41
95.39
95.57
95.12
96.69
96.29
97.40
97.78
96.99
99.17
98.84
97.40
101.34
99.35
97.38
102.76
100.18
98.04
103.88
100.30
98.00
104.31
100.89
98.62
104.84
100.72
98.73
104.16
100.17
99.16
101.93
98.32
98.34
98.36
98.96
98.41
99.93
98.34
99.87
Wholesale trade
Durable goods industries
Nondurable goods industries
94.11
94.14
94.07
93.87
93.71
94.17
94.39
93.60
95.77
95.28
93.72
98.02
95.76
94.17
98.57
96.82
94.22
101.39
97.11
94.08
102.45
97.04
93.66
103.02
96.90
93.13
103.55
96.54
92.46
103.71
96.42
92.21
103.80
95.89
91.83
103.00
94.34
91.33
99.73
94.85
91.26
101.16
95.48
91.71
102.05
Retail trade
Motor vehicle dealers
Food and beverage stores
General merchandise stores
Other retail stores
100.15
98.66
103.31
101.43
100.28
99.89
97.74
103.29
101.26
100.41
100.33
98.38
103.74
101.33
100.84
101.06
99.33
104.97
101.70
101.47
101.32
99.54
104.57
101.82
101.94
101.60
99.25
105.13
101.99
102.62
101.92
99.88
105.96
102.06
102.71
102.09
100.09
106.25
102.18
102.86
102.49
100.96
106.87
102.31
102.97
102.67
100.54
108.67
102.81
103.19
102.69
100.21
109.52
103.02
103.25
102.65
100.28
110.05
103.07
103.00
102.00
99.48
109.59
102.86
102.26
102.00
98.93
110.32
102.59
102.61
102.01
98.73
109.39
102.63
102.94
Other industries
96.51
95.99
96.85
97.79
98.57
99.75
100.50
100.74
101.03
101.32
101.76
100.95
99.52
99.07
99.74
Addenda:
Private inventories
Durable goods industries
Nondurable goods industries
95.21
95.94
94.68
95.34
95.48
95.40
96.12
95.87
96.55
97.09
96.38
97.98
97.83
96.85
99.07
97.02
101.28
99.41
97.09
101.91
99.58
97.25
102.09
100.31
97.20
103.62
101.07
97.16
105.17
100.59
97.10
104.28
99.48
97.14
102.01
98.04
96.49
99.82
96.41
100.74
98.74
96.52
101.14
Private inventories'
Nonfarm industries
96.02
95.68
96.49
97.59
98.28
99.10
99.66
100.15
100.52
100.89
100.52
99.79
98.34
98.63
Wholesale trade
Merchant wholesale trade
Durable goods industries
Nondurable goods industries ..
Nonmerchant wholesale trade
94.11
94.30
94.09
94.68
92.90
93.87
93.97
93.64
94.55
93.27
94.39
94.24
93.52
95.53
95.23
95.28
94.95
93.64
97.29
97.24
95.76
95.35
94.11
97.57
98.28
96.82
96.21
94.15
99.88
100.51
97.11
96.38
94.00
100.64
101.54
97.04
96.20
93.56
100.93
102.17
96.90
96.18
93.01
101.86
101.28
96.54
95.88
92.33
102.23
100.53
96.42
95.72
92.05
102.22
100.75
95.89
95.30
91.66
101.74
99.54
94.34
94.12
91.15
99.45
95.65
94.85
94.44
91.07
100.39
97.39
98.74
99.05
95.48
94.96
91.55
100.98
98.69
1. Implicit price deflators are as of the end of the quarter and are consistent with the inventory stocks shown in tables 5.12B and 5.13B.
NOTE. Estimates in this table are based on the North American Industry Classification System (NAICS).
Table 7.17. Chain-Type Quantity Indexes for Gross Domestic Product by Major Type of Product
[Index numbers, 1996=100]
Seasonally adjusted
Line
Gross domestic product
1
1998
108.91
1999
113.39
2000
117.84
2001
117.94
1998
2002
2001
2000
1999
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
110.94
111.78
112.32
113.74
115.70
116.44
117.82
117.99
118.31
118.13
117.66
117.58
118.37
119.84
120.16
2
3
108.33
112.99
117.19
118.95
110.35
111.19
112.31
113.50
114.95
116.19
117.06
117.57
117.94
118.77
118.65
118.60
119.81
120.51
120.48
Goods
4
112.91
118.94
124.50
121.64
116.19
116.60
117.03
119.36
122.78
123.22
125.30
125.16
124.31
122.90
121.10
120.64
121.92
124.38
124.18
Final sales
Change in private inventories
Durable goods
Final sales
Change in private inventories
Nondurable goods
Final sales
Change in private inventories
Services
5
6
111.41
117.93
123.36
124.71
114.64
115.07
117.10
118.79
120.78
122.65
123.28
124.11
123.40
124.87
124.07
123.71
126.21
126.43
125.20
7
8
9
120.95
119.03
130.04
128.72
138.45
136.73
129.90
136.94
126.20
123.91
126.35
124.44
126.89
127.55
131.83
130.71
135.07
132.21
137.07
136.01
140.38
137.12
139.00
138.18
137.33
135.60
133.29
138.08
129.56
136.41
127.83
134.86
128.92
138.44
131.84
135.27
132.12
134.05
106.30
105.18
109.93
109.23
113.31
112.70
114.62
114.86
108.01
107.10
108.62
107.46
108.96
108.66
109.29
109.21
112.83
111.58
112.11
112.00
113.26
112.27
114.04
112.93
113.81
113.59
114.35
114.32
113.95
114.16
114.38
114.63
115.79
116.34
117.90
118.96
117.36
117.73
105.73
109.23
112.84
115.16
106.82
107.80
108.57
109.73
110.79
111.34
112.69
113.14
114.17
114.43
114.76
115.27
116.18
117.00
117.95
Structures
10
11
12
13
14
111.59
115.84
118.92
118.80
114.41
116.01
115.58
115.02
116.77
119.79
118.71
118.34
118.83
120.61
120.23
118.02
116.33
118.06
116.39
Addenda:
Motor vehicle output
Gross domestic product less motor vehicle output
15
16
115.40
108.67
125.47
112.96
122.09
117.48
114.63
118.03
126.46
110.39
122.80
111.39
122.18
111.97
128.13
113.24
128.78
115.24
128.27
116.02
125.65
117.55
120.14
117.90
114.29
118.43
108.38
118.44
113.29
117.79
116.20
117.61
120.66
118.28
123.54
119.70
125.42
119.97
Final sales of domestic product
Change in private inventories
August 2 0 0 2
Quantity and Price Indexes
104
Table 7.18B. Chain-Type Quantity Indexes for Motor Vehicle Output
[Index numbers, 1996=100]
Seasonally adjusted
Line
Motor vehicle output
Auto output
Truck output1
1
2
3
1998
1999
115.40
102.69
126.05
125.47
101.94
145.05
2000
2001
2001
2000
1999
1998
2002
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
114.29
89.14
135.13
108.38
84.05
128.54
113.29
90.04
132.58
116.20
92.57
135.80
120.66
92.77
143.75
123.54
95.00
147.17
125.42
91.43
153.47
122.09
96.89
142.99
114.63
89.86
135.17
126.46
109.11
140.95
122.80
99.22
142.39
122.18
100.86
139.95
128.13
101.78
150.00
128.78
105.89
147.85
128.27
103.45
148.90
125.65
98.35
148.26
120.14
96.63
139.66
4
113.55
120.17
118.30
119.40
120.74
116.02
119.32
122.54
122.82
126.13
118.33
118.64
110.12
115.33
115.11
114.80
132.37
117.53
115.28
Personal consumption expenditures
New motor vehicles
Autos
Light trucks
Net purchases of used autos
5
6
7
8
9
115.14
116.22
108.06
125.89
111.80
127.12
130.65
121.98
140.93
116.32
133.44
138.70
130.72
148.20
117.41
143.85
152.65
131.93
177.01
117.43
124.55
125.92
113.64
140.44
120.33
121.87
124.23
113.47
136.95
114.61
127.81
130.64
121.45
141.52
119.11
129.17
133.91
125.52
143.86
114.70
129.64
133.82
127.48
141.39
116.88
137.30
143.92
136.55
152.71
117.28
131.64
137.22
131.76
143.79
114.71
135.69
141.34
131.96
152.48
118.54
129.10
132.32
122.60
143.82
119.13
136.96
142.16
129.45
157.17
121.08
137.98
143.96
127.57
163.26
119.79
139.35
146.32
124.97
171.41
118.28
161.11
178.16
145.74
216.21
110.58
146.80
159.22
130.40
193.06
109.88
146.68
156.98
130.51
188.05
115.93
Private fixed investment
New motor vehicles
Autos
Trucks
Light trucks
Other
Net purchases of used autos
10
11
12
13
14
15
16
116.36
114.48
100.54
127.85
132.78
118.26
107.59
129.60
125.27
105.73
143.97
148.54
134.98
109.33
123.40
120.36
103.42
136.63
147.36
116.36
109.17
106.83
106.87
95.08
118.27
137.74
82.30
106.65
124.32
122.47
107.28
137.06
139.55
131.90
115.74
125.43
121.74
102.75
139.92
143.70
132.41
108.12
125.61
121.81
104.80
138.13
141.19
131.95
107.81
134.05
129.02
108.02
149.11
155.54
136.69
110.52
133.30
128.50
107.35
148.73
153.74
138.87
110.86
134.12
130.05
111.23
148.10
156.46
132.06
115.12
125.67
121.29
100.98
140.70
149.02
124.81
105.25
122.61
119.31
101.04
136.80
149.83
112.36
107.20
111.20
110.80
100.43
120.91
134.14
96.22
109.13
111.31
111.71
101.55
121.61
139.85
87.83
112.79
107.50
107.98
97.18
118.47
137.12
83.97
109.35
103.64
104.00
93.08
114.57
133.13
80.24
104.92
104.88
103.77
88.51
118.41
140.85
77.15
99.52
95.86
96.41
84.78
107.62
126.81
72.21
98.10
100.89
101.95
89.60
113.86
132.75
78.83
105.52
Gross government investment
17
18
19
113.02
117.09
98.32
127.56
121.45
95.52
135.99
126.36
97.37
142.63
120.45
98.68
132.62
111.55
95.68
120.37
102.79
134.79
114.84
145.87
116.11
125.71
113.37
97.56
144.65
83.76
149.40
102.36
133.64
131.08
102.43
147.13
125.94
93.05
129.04
126.21
100.92
140.37
122.42
92.03
144.77
116.20
99.44
125.50
127.71
90.61
109.54
119.24
92.14
134.45
125.77
95.71
122.65
101.19
139.76
89.46
126.77
97.61
94.42
103.66
116.48
118.90
104.79
94.17
94.99
92.88
142.51
142.71
141.44
95.72
95.38
96.54
156.20
161.70
130.03
92.55
101.19
77.15
153.19
157.44
132.92
96.13
98.50
91.97
127.56
130.47
113.58
93.13
94.64
90.57
136.53
136.73
135.44
95.75
97.99
91.88
139.75
139.01
143.21
92.47
91.47
94.48
145.82
147.18
139.23
95.33
95.84
94.60
147.94
147.92
147.87
100.00
99.76
100.66
157.03
158.11
151.74
99.07
98.62
100.10
155.50
160.45
131.88
92.72
91.97
94.26
157.70
164.35
126.08
"91.09
91.18
91.12
154.57
163.89
110.41
82.75
87.25
74.82
153.24
162.21
110.81
93.67
100.61
81.34
154.63
159.18
132.89
97.95
109.80
76.81
154.30
156.19
145.02
95.81
107.12
75.64
150.61
152.16
142.97
94.07
104.95
74.65
150.99
155.00
131.76
102.57
115.18
80.08
166.51
174.35
129.35
36
115.51
127.69
129.37
129.80
124.33
122.83
126.17
130.62
131.14
135.76
128.94
130.26
122.52
127.23
126.49
125.81
139.68
127.60
128.94
37
38
39
113.63
98.13
123.45
123.11
100.62
144.47
121.27
101.22
154.42
112.41
92.85
152.80
120.38
104.87
132.02
119.38
99.63
133.10
119.56
99.45
141.58
127.32
102.04
148.79
126.19
101.35
154.41
129.59
106.37
156.38
120.51
102.47
154.02
120.88
102.08
154.68
114.09
93.96
152.62
117.10
91.26
149.14
113.40
93.27
154.45
109.35
94.79
148.62
109.79
92.11
159.00
101.87
96.57
151.28
107.15
100.45
155.36
Final sales of domestic product
Autos
New trucks
Net exports
Exports
Autos
Trucks
Imports
Autos
Trucks
Change in private inventories
Autos
New
Domestic
Foreign
Used
New trucks
Domestic
Foreign
Addenda:
Final sales of motor vehicles to domestic
purchasers
Private fixed investment in new autos and
new light trucks
Domestic output of new autos2
Sales of imported new autos3
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
1. Except for exports and imports, consists of new trucks only.
2. Consists of final sales and change in private inventories of new autos assembled in the United States.
3. Consists of personal consumption expenditures, private fixed investment, and gross government investment.
August 2002
105
SURVEY OF CURRENT BUSINESS
Table 7.19. Chain-Type Quantity Indexes for Gross and Net Investment by
Major Type
[Index numbers, 1996=100]
Line
1998
1999
2000
2001
Gross private domestic investment
Less: Consumption of fixed capital
Equals: Net private domestic investment
1
2
3
125.37
114.42
143.96
133.62
123.05
151.57
141.86
130.95
160.36
126.71
142.05
100.67
Fixed investment
Less: Consumption of fixed capital
Equals: Net fixed investment
4
5
6
122.04
114.42
135.88
131.54
123.05
146.96
139.52
130.95
155.06
134.20
142.05
119.95
7
8
9
126.29
116.23
153.47
136.57
125.56
166.31
147.23
135.07
180.05
139.55
147.27
118.70
Structures..
Less: Consumption of fixed capital
Equals: Net structures
10
11
12
116.53
104.09
137.14
114.96
105.77
130.18
122.47
106.37
149.17
120.43
117.48
125.31
Equipment and software
Less: Consumption of fixed capital
Equals: Net equipment and software
13
14
15
129.80
119.74
162.55
144.69
131.46
187.78
156.58
143.85
198.02
146.51
156.32
114.58
16
17
18
110.17
105.32
113.42
117.58
110.57
122.27
118.88
111.16
124.06
119.22
117.25
120.54
109.67
106.98
115.85
118.66
111.58
134.93
121.44
116.19
133.49
125.43
121.02
135.56
Nonresidenlial
Less: Consumption of fixed capital
Equals: Net nonresidential
Residential
Less: Consumption of fixed capital
Equals: Net residential
Change in private inventories
19
Gross government investment1
Less: Consumption of fixed capital
Equals: Net government investment
Federal
National defense
Nondefense
State and local
20
21
22
23
24
?«>
26
117.78
131.84
131.87
132.13
106.65
103.83
109.62
113.51
105.85
121.55
113.59
107.98
119.47
115.55
111.82
119.47
Structures
Less: Consumption of fixed capital
Equals: Net structures
Federal
National defense
Nondefense
State and local
27
28
29
30
31
32
33
113.51
126.32
126.14
127.09
Equipment and software
Less: Consumption of fixed capital
Equals: Net equipment and software
34
35
36
37
38
39
40
114.02
109.31
178.99
126.14
115.90
267.16
133.06
122.52
278.20
140.27
128.16
307.14
149.90
172.76
176.70
173.47
National defense
Nondefense
State and local
1. Gross government investment consists of general government and government enterprise expenditures for fixed assets; change in inventories is included in government consumption expenditures.
August 2002
Quantity and Price Indexes
106
Table 7.20. Chain-Type Quantity and Price Indexes for Personal Consumption Expenditures by Type of Expenditure
[Index numbers, 1996=100]
Line
1998
1999
2000
Personal consumption expenditures
Food and tobacco
1
2
108.52
113.88
118.83
Line
2001
Chain-type quantity indexes
121.76
Income loss (s.) l 5
Workers' compensation (s.) 16
Personal business
103.74
110.22
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
6
7
103.24
105.91
101.94
109.65
95.76
106.56
107.49
108.28
103.68
110.90
90.01
Addenda: Food excluding alcoholic beverages (n.d.)
Alcoholic beverages purchased for off-premise
consumption (n.d.)
Other alcoholic beverages (n.d.)
8
103.90
107.53
111.56
9
111.43
106.40
116.52
110.19
111.01
111.94
114.45
107.30
106.71
87.25
20
108.46
111.78
125.68
127.71
129.99
123.77
113.60
112.29
144.12
124.60
114.22
Toilet articles and preparations (n.d.)
Barbershops, beauty parlors, and health clubs (s.)
Housing
21
22
23
107.81
109.73
104.68
111.20
112.92
108.08
112.61
117.33
110.19
Owner-occupied nonfarm dwellings-space rent (s.) 4
Tenant-occupied nonfarm dwellings-rent (s.) •<
Rental value of farm dwellings (s.)....
Other (s.) 6 ...
Household operation
24
25
26
27
105.91
101.26
97.05
103.97
109.94
102.81
98.20
107.42
112.93
101.80
97.29
112.70
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 (s.)
Expense of handling life insurance and pension plans (s.) l 7
Legal services (s.)
112.49
Funeral and burial expenses (s.)
Other (s.) 18
118.55 Transportation
111.34
User-operated transportation
New autos (d.)
130.77
Net purchases of used autos (d.)
128.46
Other motor vehicles (d.)
131.01
Tires, tubes, accessories, and other parts (d.)
132.86
Repair, greasing, washing, parking, storage, rental, and
127.77
leasing (s.)
120.93
Gasoline and oil (n.d.)
108.21
Bridge, tunnel, ferry, and road tolls (s.)
143.91
Insurance (s.) 19
124.29
Purchased local transportation
113.84
Mass transit systems (s.)
Taxicab(s.)
111.55
Purchased intercity transportation
118.22
Railway (s.)
112.09
Bus(s.)
Airline (s.)
115.86
Other ( s . p
101.94
94.62 Recreation
107.55
Books and maps (d.)
28
108.72
115.01
120.86
122.50
29
30
31
32
33
111.63
108.73
113.35
112.02
116.29
119.01
118.36
125.22
122.55
125.73
127.59
125.06
134.68
130.38
134.48
128.93
127.46
141.43
134.49
138.85
34
35
36
37
38
39
40
41
42
43
104.58
105.75
101.05
107.01
88.54
102.43
91.96
117.67
111.50
112.13
109.25
113.07
102.72
108.30
89.16
105.63
94.11
130.95
101.00
115.74
109.14
118.93
105.36
111.91
92.86
107.88
90.05
145.34
104.01
115.47
109.54
119.66
103.39
108.46
93.80
109.02
81.16
155.79
91.44
115.41
44
106.75
110.00
113.91
119.08
45
46
47
48
49
50
51
117.28
113.52
106.99
104.37
103.68
104.97
104.32
104.18
106.59
103.56
108.26
106.16
105.66
128.96
117.55
109.85
105.67
105.69
106.99
107.07
107.63
106.15
105.88
106.73
108.45
109.09
140.18
121.48
111.54
108.64
107.36
109.37
109.86
109.98
109.24
109.81
107.12
112.85
113.28
151.85
Higher education (s.) 25
110.69
Nursery, elementary, and secondary schools (s.) 26
121.59
Other (s.) 27
112.44
111.90
113.59
28
115.03 Religious and welfare activities (s.)
114.34
120.42 Foreign travel and other, net
Foreign travel by U.S. residents (s.) 29
114.34
Expenditures abroad by U.S. residents (n.d.)
106.76
Less: Expenditures in the United States by nonresidents (s.) 30
114.01
Less: Personal remittances in kind to nonresidents (n.d.)
113.78
111.18
113.06
105.11
114.60
88.84
10
108.23
104.86
Clothing, accessories, and jewelry
11
112.50
121.47
128.53
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.) 3
Personal care
12
13
14
15
16
17
18
19
110.57
112.63
113.19
111.64
111.98
104.56
118.71
108.30
119.42
120.94
122.53
118.17
103.24
108.58
133.27
117.70
Furniture, including mattresses and bedsprings (d.)
Kitchen and other household appliances ( d ) 7
China, glassware, tableware, and utensils (d)
Other durable house furnishings (d.) 8
Semidurable house furnishings (n.d.)9
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.) 1 0 ..
Medical care
Drug preparations and sundries (n.d.)"
Ophthalmic products and orthopedic appliances (d.)
Physicians (s.)
Dentists (s.).
Other professional services ( s . ) i :
Hospitals and nursing homes n
Hospitals..
Nonprofit (s)
Proprietary (s.).
Government (s.)
Nursing homes (s.)
Health insurance
Medical care and hospitalization (s.) I 4
See note at the end of the table.
52
53
54
55
56
57
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 goods, including musical instruments, and
computer goods (d.)
Video and audio goods, including musical instruments (d.)
Computers, peripherals, and software (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 sports (s.) 21
Clubs and fraternal organizations (s.) 22
Commercial participant amusements (s.) 2i
Pari-mutuel net receipts (s.)
Other (s.) 24
Education and research
1998
1999
2000
2001
92.89
111.61
95.55
105.10
100.40
111.28
106.30
117.97
111.32
118.16
126.40
126.43
139.55
185.02
228.71
199.31
120.34
132.35
137.09
141.46
110.50
100.58
104.87
102.62
109.26
110.74
113.81
101.24
106.22
100.64
113.41
118.53
124.28
100.94
105.62
97.49
116.68
122.22
128.47
98.78
108.12
100.58
118.83
126.19
110.77
108.06
111.80
122.94
108.95
118.71
121.98
116.32
138.42
117.08
122.50
130.72
117.41
146.90
120.75
127.19
131.93
117.43
174.58
117.52
110.73
106.15
96.81
105.57
108.94
107.06
112.95
110.80
108.39
102.10
112.68
103.67
117.86
108.81
109.07
117.97
116.76
109.89
103.10
107.30
111.14
112.71
107.74
118.05
109.79
104.43
120.97
107.71
129.96
121.31
111.79
134.06
120.80
109.29
104.68
107.85
112.01
117.34
100.52
121.02
119.86
74.81
127.74
120.92
111.75
105.39
108.01
112.96
118.77
100.45
114.26
123.35
72.50
120.85
101.37
140.82
92.21
150.04
136.82
116.50
163.20
115.99
128.93
143.20
158.99
151.67
119.48
258.55
107.77
108.78
107.40
112.90
190.89
138.70
385.97
106.29
116.61
108.95
117.75
231.82
160.65
517.71
108.34
117.23
111.24
113.35
264.34
175.44
647.22
110.16
119.95
115.17
122.78
104.16
106.51
101.15
113.79
114.80
108.67
106.81
103.93
102.19
117.83
100.82
110.97
104.86
121.78
119.39
113.27
111.83
108.23
106.41
125.25
104.67
117.10
106.67
127.63
120.48
117.73
115.51
109.29
108.63
136.13
108.23
116.83
106.72
132.46
120.53
121.18
118.44
111.29
109.13
143.29
112.34
113.38
136.53
183.21
107.12
121.43
127.21
201.15
97.84
133.97
105.80
119.96
161.73
100.05
105.91
123.02
162.91
102.28
121.28
130.62
115.35
147.25
August 2002
107
SURVEY OF CURRENT BUSINESS
Table 7.20. Chain-Type Quantity and Price Indexes for Personal Consumption Expenditures by Type of Expenditure—Continued
[Index numbers, 1996=100]
Line
1998
1999
2000
2001
Personal consumption expenditures .
Food and tobacco
Workers' compensation (s.) 16
103.03
104.81
Line
Income loss (s.) 15
Chain-type price indexes
108.53
111.73
115.41
110.37
114.32
109.43
107.55
181.46
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 (s.)
Expense of handling life insurance and pension plans (s.) ' 7
Legal services (s.)
Funeral and burial expenses (s.)
Other (s.) 18
Transportation
Food purchased for off-premise consumption (n.d.)
Purchased meals and beverages (n.d.) 1
Food furnished to employees (including military) (n.d.)
Food produced and consumed on farms (n.d.)
Tobacco products (n.d.)
103.20
105.38
104.76
93.85
117.80
104.93
108.02
107.03
95.42
151.81
Addenda: Food excluding alcoholic beverages (n.d.)
Alcoholic beverages purchased for off-premise
consumption (n.d.)
Other alcoholic beverages (n.d.)
104.07
106.10
108.50
111.74
104.34
107.54
109.90
109.41
112.73
117.16
Clothing, accessories, and jewelry .
102.18
106.31
97.92
96.61
95.65
94.67
Shoes (n.d.)
Clothing and accessories except shoes :
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.) 3
Personal care
98.86
97.90
96.96
99.59
101.23
103.69
92.55
103.53
102.96
96.31
96.48
95.11
98.97
101.41
105.90
90.28
105.70
105.06
94.83
95.28
93.87
97.84
101.70
108.79
87.91
109.01
107.39
94.23
93.18
92.24
94.86
101.20
113.45
87.89
114.11
109.39
101.71
105.51
106.31
103.21
108.83
109.30
104.56
113.10
112.77
105.56
117.02
117.15
106.24
106.07
111.93
107.96
100.35
109.13
109.18
118.24
111.22
100.00
112.38
113.00
126.19
116.23
101.65
99.70
98.22
101.12
100.80
95.68
99.45
96.04
98.73
99.52
94.61
99.09
95.08
97.54
98.85
92.07
102.70
107.20
99.56
96.51
103.68
105.88
91.54
98.83
105.44
104.97
104.53
106.47
100.01
95.68
105.26
108.28
92.66
96.24
108.50
108.47
109.16
104.69
107.31
97.24
124.05
110.95
129.05
92.59
113.22
113.06
104.67
107.06
110.27
103.77
103.41
103.51
109.07
106.45
104.31
103.65
104.76
101.58
101.58
107.65
105.87
112.52
107.59
104.43
105.29
114.17
108.34
106.64
105.71
107.02
103.28
103.28
111.34
107.15
116.71
111.15
107.46
107.11
119.40
111.13
110.32
109.01
110.61
106.02
106.01
117.03
110.60
122.70
116.69
117.89
135.46 Recreation
118.21
Books and maps (d.)
103.53
Magazines, newspapers, and sheet music (n.d.)
Nondurable toys and sport supplies (n.d.)
97.43
Wheel goods, sports and photographic equipment, boats, and
94.40
94.92
pleasure aircraft (d.)
97.65
Video and audio goods, including musical instruments, and
89.94
computer goods (d.)
Video and audio goods, including musical instruments (d.)
Computers, peripherals, and software (d.)
113.17
Radio and television repair (s.)
104.83
Flowers, seeds, and potted plants (n.d.)
115.88
Admissions to specified spectator amusements
104.12
Motion picture theaters (s.)
147.65
Legitimate theaters and opera, and entertainments of nonprofit
114.21
institutions (except athletics) (s.)
130.74
Spectator sports (s.) 21
90.28
Clubs and fraternal organizations (s.) ~
117.48
Commercial participant amusements (s.)- 3
116.63
Pari-mutuel net receipts (s.)
114.42
Other (s.) 24
115.80 Education and research
110.91
Higher education (s.) 25
110.16
Nursery, elementary, and secondary schools (s.) 26
124.23
Other
(s.) 27
114.62
114.80 Religious and welfare activities ( s . ) " . .
113.04
115.12 Foreign travel and other, net
109.17
Foreign travel by U.S. residents (s.) 29
109.14
Expenditures abroad by U.S. residents (n.d.)
123.95
Less: Expenditures in the United States by nonresidents (s.p"
116.28
Less: Personal remittances in kind to nonresidents (n.d.)
129.43
Toilet articles and preparations (n.d.)
Barbershops, beauty parlors, and health clubs (s.)
Housing
Owner-occupied nonfarm dwellings-space rent (s.) 4
Tenant-occupied nonfarm dwellings-rent (s.) 5
Rental value of farm dwellings (s.)
Other (s.) 6
Household operation
Furniture, including mattresses and bedsprings (d.)
Kitchen and other household appliances (d.) 7
China, glassware, tableware, and utensils (d.)
Other durable house furnishings (d.) 8
Semidurable house furnishings (n.d.) 9
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.) 10
Medical care
Drug preparations and sundries (n.d.)11
Ophthalmic products and orthopedic appliances (d.)
Physicians (s.)
Dentists (s.)
Hospitals and nursing homes n
Hospitals
Nonprofit (s.)
Proprietary (s.)
Government (s.)
Nursing homes (s.)....
Health insurance
Medical care and hospitalization ( s . ) u . .
NOTE. Consumer durable goods are designated (d.), nondurable goods (n.d.), and services (s.).
See footnotes to table 2.4.
107.28
110.81
108.31
100.88
168.54
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.) l 9
Purchased local transportation
Mass transit systems (s.)
Taxicab(s.)
Purchased intercity transportation
Railway (s.)
Bus(s.)
Airline (s.)
Other (s.) 20
1998
1999
2000
2001
152.91
72.48
166.49
59.98
174.82
51.51
179.69
52.60
109.38
111.87
115.00
115.31
96.30
90.27
89.38
86.13
107.86
111.25
116.32
121.14
113.09
111.27
108.81
109.09
106.93
98.69
116.07
116.88
114.05
112.76
110.56
100.43
117.33
125.35
119.99
115.99
114.85
105.79
114.13
129.48
126.40
120.17
119.90
105.92
98.32
99.31
95.48
100.82
98.55
100.25
98.52
96.40
101.67
98.02
105.63
98.54
98.33
101.61
98.33
106.03
98.08
100.35
101.18
100.80
103.38
87.09
111.17
113.27
100.80
100.43
101.64
104.09
102.30
105.89
104.56
101.07
96.60
105.38
94.77
113.96
108.04
99.52
99.16
100.32
103.60
106.09
108.35
103.18
104.42
94.30
108.31
121.14
118.61
89.48
100.93
100.56
101.74
110.06
109.43
113.22
109.82
110.66
111.94
116.80
124.02
93.45
103.96
103.58
104.81
104.32
114.76
117.09
102.55
111.27
93.34
92.13
103.98
103.22
94.67
102.13
105.57
89.05
102.01
107.49
84.18
103.19
109.59
98.28
96.35
95.19
94.29
74.39
91.33
47.08
103.56
98.05
104.98
104.99
64.23
85.17
34.55
103.04
95.85
110.54
110.78
57.30
79.23
28.23
103.35
100.08
117.45
117.88
49.94
73.42
21.58
103.80
103.50
122.96
122.23
104.99
104.96
105.49
104.28
104.82
106.80
107.27
110.64
110.22
108.47
107.13
106.89
109.56
111.20
117.81
116.70
112.06
111.13
109.93
113.26
116.06
122.14
124.42
115.51
114.66
113.00
116.99
120.71
107.73
106.65
106.82
105.53
110.91
109.59
113.07
109.73
115.05
114.03
119.63
115.28
119.14
118.70
125.31
119.95
103.65
99.93
102.02
89.43
106.37
101.23
102.86
82.22
111.38
104.58
104.17
82.01
112.46
105.65
Supplemental Tables
108
August 2002
8. Supplemental Tables
Table 8.1. Percent Change From Preceding Period in Selected Series
[Percent]
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
1998
2000
1999
2001
Gross domestic product:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Personal consumption expenditures:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Durable goods:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
8.1
5.7
2.3
2.3
7.9
10.5
-2.4
-2.4
9.0
11.8
-2.5
-2.5
4.0
6.0
-1.9
-1.9
20.8
24.0
-2.6
-2.6
Nondurable goods:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
2.0
5.5
-3.3
-3.3
12.1
14.4
-1.9
-2.0
6.7
4.9
1.8
1.7
9.7
4.8
4.6
4.6
Services:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Gross private domestic investment:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Fixed investment:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Nonresidential:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Residential:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Exports of goods and services:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
-9.7
10.7
11.8
-1.0
-1.0
-10.7
1.2
1.2
-2.7
-3.8
1.2
1.2
12.7
13.1
-.3
-.3
10.2
12.5
-2.1
-2.1
-5.1
-5.2
.2
.2
12.6
14.4
-1.6
-1.6
8.1
-1.5
-1.5
-4.9
-4.7
-.1
-.2
13.8
14.1
-.3
-.3
10.4
11.4
-.9
-.9
7.9
10.1
-2.0
-2.0
15.5
17.8
-2.0
-2.0
2.2
1.1
1.2
1.2
5.8
2.4
3.3
3.3
3.2
1.4
1.8
1.8
4.3
3.1
1.1
1.1
4.5
1.9
2.5
2.6
10.2
11.5
-1.2
-1.1
1.7
5.3
-3.4
-3.4
1.8
4.6
-2.7
-2.7
31.6
33.6
-1.5
-1.5
-10.3
-6.3
-4.2
-4.2
-.5
2.4
-2.9
-2.9
2.6
-.3
2.9
2.9
-1
1.3
-1.4
-1.4
.0
3.6
-3.5
-3.5
8.2
7.9
.2
.3
4.0
-.6
4.6
4.6
6.2
3.6
2.5
2.5
5.6
2.9
2.7
2.7
5.8
3.0
2.7
2.7
18.7
17.3
1.2
1.2
14.2
13.7
.5
.4
7.8
8.1
5.5
5.9
-.4
-.4
15.9
13.3
2.3
2.3
3.8
1.5
2.3
2.3
6.6
3.3
3.2
3.2
-4.4
-6.0
1.7
1.8
-2.0
-3.4
1.2
1.4
-18.2
1.9
.2
1.8
1.8
-1.1
-2.4
-.5
-2.2
1.7
1.3
1.3
-19.7
2.0
1.7
-16.6
-17.6
1.1
1.2
-10.0
-11.1
1.2
1.2
-5.5
-5.2
-.4
-.3
-17.5
-17.3
-.2
-.3
16.6
18.2
-1.5
-1.4
-.3
-4.5
-4.3
-.2
-.2
-9.0
-8.9
-.1
-.1
-2.0
-.5
-1.5
-1.5
.1
.3
-.2
-.2
-7.1
-6.0
-1.1
-1.1
-12.3
-10.9
-1.6
-1.6
-7.8
-5.8
-2.0
-2.0
-2.8
-1.6
-1.2
-1.2
-31.2
-30.1
-1.6
-1.6
-17.3
-14.2
-3.6
-3.6
-14.0
-14.0
.0
.0
_ o
6.6
7.7
-1.0
-1.0
6.3
7.9
-1.5
-1.5
5.9
7.7
-1.6
-1.7
15.9
15.0
.7
.7
10.7
10.2
.4
.4
4.9
3.5
1.3
1.3
-2.7
-3.2
.5
.5
-5.1
-5.4
.4
.4
-14.5
-2.8
-4.1
1.3
1.4
-3.5
-5.1
1.8
1.8
-4.3
-6.3
2.2
2.2
19.7
13.8
5.3
5.2
12.5
8.2
4.0
4.0
17.2
12.1
4.6
4.6
9.1
3.6
5.3
5.3
7.1
-3.1
10.5
10.6
-4.5
-8.4
4.2
4.2
14.7
15.5
-.7
10.1
10.9
-.8
1.1
.9
.2
.2
-6.4
-5.4
-1.1
-1.1
-9.0
-6.3
-2.9
-2.9
-17.9
-16.7
-1.4
-1.4
-10.5
-9.2
-1.5
-1.5
-4.0
-2.5
-1.6
-1.6
-4.2
-2.7
-1.5
-1.5
1.3
2.9
-1.5
-1.5
15.9
8.3
7.0
7.1
-3.0
3.9
3.9
-6.4
-9.3
3.1
3.2
3.7
.0
3.7
3.7
14.2
8.2
5.6
5.6
3.9
-.5
4.5
4.5
2.9
.4
2.5
2.5
.1
-3.5
3.7
3.7
14.2
7.2
5.0
2.1
2.1
-13.9
-12.4
-1.7
-1.7
-18.9
-17.3
-1.9
-1.9
-13.1
-9.6
-3.8
-3.8
2.7
3.5
14.6
11.7
2.6
2.6
-14.5
.1
.0
3.3
-1.7
5.0
5.0
10.1
14.6
-3.9
-3.9
8.7
11.5
-2.5
-2.5
6.9
8.2
-1.2
-1.2
-7.8
-6.4
-1.5
-1.5
15.3
18.4
-2.7
-2.7
10.0
12.0
-1.7
-1.7
9.6
12.5
-2.5
-2.5
9.3
12.5
-2.8
-2.8
-1.6
-1.6
11.0
8.0
2.8
2.8
10.8
6.7
3.8
3.8
4.4
.3
4.1
4.1
13.2
9.3
3.5
3.6
12.1
7.6
4.1
4.2
9.6
4.9
4.5
4.5
4.2
.9
3.3
3.3
6.0
2.7
3.2
3.2
11.3
9.7
1.4
1.4
-6.1
-5.4
14.7
16.3
-1.4
-1.4
-8.1
-6.9
-1.3
-1.3
4.7
4.3
.4
.4
11.4
10.6
.7
.7
14.5
12.6
1.7
1.7
16.9
14.6
2.0
2.0
12.5
11.6
-3.9
-4.0
.1
.1
-6.9
-6.0
-.8
-.9
12.6
11.3
1.2
1.2
-6.6
-5.9
-.7
-.7
16.0
18.8
-2.3
-2.3
-10.4
-9.0
-1.4
-1.4
14.1
13.2
.7
.7
17.8
15.3
2.2
2.2
17.9
16.1
1.6
1.6
19.9
19.5
.4
.4
-6.8
-7.1
.4
.3
-6.3
-6.1
-.2
-.3
-17.4
-16.1
-1.5
-1.5
-20.6
-18.6
-2.4
-2.5
-11.3
-7.9
-3.7
-3.7
-4.5
-3.4
-1.1
-1.1
17.6
15.2
2.1
2.1
-4.9
-4.0
-1.0
-1.0
11.4
10.5
-2.5
-1.5
-1.0
-1.0
14.5
10.2
3.9
3.9
14.6
11.2
3.0
3.0
-8.2
-6.0
-2.3
-2.3
-4.6
-2.5
-2.1
-2.2
-14.4
-13.9
-.6
-.6
-17.4
-13.8
-4.2
-4.2
21.7
-5.9
2.0
2.0
21.7
.0
.0
8.0
4.1
3.7
3.7
22.5
14.7
6.6
6.8
20.0
18.6
1.1
1.2
19.0
13.8
4.6
4.6
-10.2
-7.9
-2.5
-2.6
-12.3
-6.8
-5.9
-5.9
-26.8
-11.8
-17.0
-17.1
-5.3
4.7
4.7
6.8
8.5
-1.6
-1.6
35.9
23.5
10.1
10.1
-9.2
-3.7
-3.8
-15.2
-9.4
-6.4
-6.5
-15.6
-9.6
-6.6
-6.6
-14.0
-3.3
-11.1
-11.1
1.5
3.7
-2.1
-2.1
42.4
28.9
10.4
10.4
4.9
8.5
-3.2
-3.3
-67.5
-23.2
-57.7
-57.7
123.2
-16.5
167.5
167.4
37.3
35.7
8.4
.1
8.3
8.3
2.1
-2.2
-2.2
Exports of services:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
2.2
2.3
.0
.0
2.5
3.4
2.4
3.8
-1.3
-1.3
.4
2.1
5.8
11.8
-5.4
-5.4
11.0
10.9
.1
.1
18.3
13.2
4.5
4.5
-5.7
-2.9
-2.9
-2.9
11.9
12.2
-.2
-.3
-3.8
-3.9
21.0
15.4
4.9
4.8
21.1
14.5
5.8
5.8
Imports of goods:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
5.1
11.7
-6.0
-6.0
12.4
12.2
.2
.2
18.9
13.5
13.5
14.8
-1.1
-1.2
7.2
10.1
-2.5
-2.6
23.0
17.1
5.2
5.1
22.6
15.4
6.3
6.2
21.6
13.7
6.8
4.8
-6.1
-3.3
-2.9
-2.9
21.8
20.3
1.2
1.2
18.7
13.6
4.5
4.5
Imports of services:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
9.4
11.9
-2.3
-2.3
15.3
11.6
3.3
3.3
-3.4
-.5
-2.9
-2.9
-9.8
.2
10.8
6.8
3.7
3.7
13.6
9.7
3.7
3.6
27.8
20.6
5.9
5.9
10.4
9.6
20.7
15.1
4.8
4.9
6.5
5.0
1.3
1.3
10.8
6.5
4.0
4.0
-1.1
2.1
-3.1
-3.1
See footnote and note at the end of the table
.9
-1.6
2.5
2.5
8.1
4.9
3.0
3.0
11.4
7.5
3.7
3.7
10.4
11.0
-.5
-.5
-6.4
-5.3
-1.2
-1.2
3.0
-.6
3.7
3.7
.5
-1.3
1.8
1.8
Exports of goods:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Imports of goods and services:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
5.3
3.4
3.4
7.0
4.5
2.3
2.3
Structures:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Equipment and software:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
10.3
-1.7
-1.7
7.5
5.0
2.4
2.4
2002
-10.0
15.4
9.4
5.5
5.5
-.7
-1.6
.9
.9
-1.8
14.2
.0
.0
1.1
1.1
August 2002
109
SURVEY OF CURRENT BUSINESS
Table 8.1. Percent Change From Preceding Period in Selected Series—Continued
[Percent]
Seasonally adjusted at annual rates
Line
1999
2000
2001
1998
2000
1999
Government consumption expenditures and gross
investment:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Federal:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
10.4
7.1
3.1
3.1
5.1
-1.2
6.4
6.4
7.7
4.6
3.0
3.0
1.9
-1.0
2.9
2.9
10.2
5.7
4.2
4.2
11.6
9.9
1.6
1.6
-6.1
-13.2
8.1
8.2
16.8
16.0
.7
.6
-5.7
-7.2
1.6
1.6
16.2
14.0
2.0
1.9
12.2
10.0
1.9
2.0
-13.9
-19.9
7.5
7.5
15.7
15.0
.7
.6
-4.2
-6.1
2.0
2.0
-1.4
-3.6
2.3
2.4
10.7
9.7
.9
9.6
.3
9.3
9.3
18.6
17.9
.6
-8.3
-9.2
.9
.9
11.4
5.6
5.5
5.5
3.4
1.2
-3.3
4.7
4.7
National defense:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
-1.0
-1.8
.9
.9
Nondefense:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
-.8
-5.2
4.7
4.6
10.6
7.9
2.5
2.6
20.6
17.7
2.5
2.5
2001
State and local:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
10.1
10.5
-.3
-.3
9.3
5.6
3.6
3.6
4.4
1.8
2.6
2.6
14.5
9.5
4.6
4.5
13.0
13.5
-.4
-.4
16.4
7.4
9.4
7.4
1.9
1.9
5.3
4.7
.6
.6
12.6
8.3
4.0
4.0
13.1
14.3
-1.1
-1.0
19.7
11.6
7.3
7.2
8.0
1.7
1.7
-3.2
-2.6
18.0
11.8
5.6
5.5
_ -j
-.7
Addenda:
Final sales of domestic product:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Gross domestic purchases:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Final sales to domestic purchasers:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
97
Gross national product:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Command-basis gross national product:
Chain-type quantity index
Disposable personal income:
Current dollars
Chained (1996) dollars
Final sales of computers:'
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
4.6
4.3
3.4
6.5
5.4
4.3
2.6
7.4
4.8
-.3
39.3
-28.4
-28.4
2.2
41.4
-27.7
-27.7
6.2
29.5
-18.0
-18.0
12.2
11.0
54.9
-28.2
-28.4
Chain-type price indexes for gross domestic
purchases:
Food
Energy goods and services
Gross domestic purchases less food and energy
1.7
-8.9
1.1
1. For some components of final sales of computers, includes computer parts.
3.1
10.1
2.0
1.9
-1.3
1.5
2.3
18.9
1.9
-7.2
36.4
-30.9
-32.0
30.9
61.8
-18.2
-19.1
2.0
-3.0
1.1
2.3
-3.7
1.2
-4.1
-4.5
.4
.4
12.9
12.1
.7
.6
10.9
.4
10.4
10.4
6.3
2.4
2.4
7.5
5.4
1.9
1.9
-3.0
-2.3
8.6
8.9
-.3
-.3
5.8
4.6
1.1
1.1
1.9
-1.1
3.0
3.0
6.6
2.8
3.6
3.7
2.1
-.4
2.5
2.5
3.6
4.2
-.5
-.5
3.7
2.4
1.3
1.3
1.1
-.1
1.2
1.2
2.1
-1.1
3.3
3.2
.6
-1.1
1.7
1.7
3.4
2.9
6.9
5.6
1.2
1.2
4.9
2.8
2.1
2.1
5.5
2.2
3.2
3.2
4.8
4.3
.5
.5
4.2
3.0
1.1
1.1
3.8
1.6
2.2
2.2
2.2
-1.4
3.7
3.7
3.2
3.7
-.5
-.5
5.1
3.7
1.3
1.4
10.4
10.5
-6.9
-7.6
15.9
14.6
6.5
3.8
7.1
35.1
-20.2
-20.7
-23.1
-3.9
-19.7
-20.0
26.4
56.9
-19.4
-19.4
21.7
45.2
-16.3
-16.2
-7.5
9.6
-15.6
-15.6
-2.0
10.2
-11.0
-11.1
-24.8
-5.3
-20.4
-20.6
3.1
28.9
-19.9
-20.0
-29.9
-7.8
-11.6
9.1
-24.0
-18.9
-17.1
30.0
-35.9
-36.3
-33.5
-19.1
-17.5
-17.8
3.2
1.2
-1.4
2.7
2.7
2.2
2.6
-.4
-.4
6.8
5.1
1.5
1.6
2.3
1.0
1.3
1.3
.9
-1.0
2.0
2.0
3.3
2.6
.7
.7
6.8
5.3
1.4
1.4
5.0
2.7
2.3
2.3
4.2
-19.6
2.8
1.8
-19.8
.0
2.4
-10.7
1.6
.2
-2.2
1.4
3.5
-21.6
.6
2.3
-33.0
2.0
2.4
-8.7
1.4
.4
30.0
1.3
Gross domestic purchases less final sales of
computers:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
1.3
-2.1
1.4
14.5
12.0
2.2
2.2
4.0
1.8
Gross domestic product less final sales of
computers:
Current dollars
Chain-type quantity index
Chain-type price index
Implicit price deflator
Chain-type price indexes for gross domestic
product:
Food
Energy goods and services
Gross domestic product less food and energy
-1.5
-1.1
-.3
-.3
1.5
6.9
-14.4
9.1
-21.6
-21.6
2002
2.5
-5.0
1.5
1.0
26.5
1.4
2.0
-4.6
1.3
2.0
-3.2
1.8
2.7
18.2
2.7
20
18.9
1.2
2.3
15.3
1.7
2.7
32.8
2.7
4.0
34.3
2.8
3.4
13.9
1.5
1.7
11.8
1.7
4.0
9.3
2.9
2.9
28.7
1.6
NOTE. Contributions to the percent change in real gross domestic product are shown in table 8.2.
August 2 0 0 2
Supplemental Tables
110
Table 8.2. Contributions to Percent Change in Real Gross Domestic Product
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
I
IV
2000
1999
1998
II
IV
III
II
I
2002
2001
IV
III
II
I
III
IV
II
I
Percent change at annual rate:
Gross domestic product
1
4.3
4.1
3.8
.3
6.7
3.0
2.0
5.2
7.1
2.6
4.8
.6
1.1
-.6
-1.6
-.3
2.7
5.0
1.1
Percentage points at annual rates:
2
3.18
3.30
2.94
1.67
3.42
3.06
3.72
3.14
3.45
3.54
2.11
2.54
1.37
1.53
.92
.97
4.05
2.22
1.30
Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline, fuel oil, and other energy goods ...
Other
3
4
5
6
7
8
9
10
11
.65
.17
.35
.13
.77
37
.18
-.02
.25
1.51
19
.21
.05
.16
.08
.28
.10
.65
1.08
.80
17
.05
-.03
.08
-.02
.43
.08
.09
-1.90
1.74
1.17
.38
.19
1.03
43
.29
.00
.31
.66
28
-.33
-.41
.09
.11
.18
.13
.29
2.38
.43
-.18
.41
.20
.94
-04
.52
.06
.39
1.70
50
.30
.17
.13
.19
.23
.07
.39
1.25
1.09
.60
.41
.08
.93
48
.16
.12
.17
1.70
25
.36
.12
.24
.10
.22
.14
.62
-.86
.81
.18
.45
.18
.51
24
.11
-.05
.22
1.81
23
.40
.20
.21
.16
.31
.17
.53
1.85
.81
.12
.45
.24
12
13
14
15
16
17
18
19
20
21
.92
.34
.42
.16
.91
33
.24
.05
.30
1.47
32
.17
.02
.16
.14
.21
.11
.51
1.15
.48
.24
.19
.06
.39
09
.08
.02
.21
Services
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Recreation
Other
.80
.32
.35
.13
.81
31
.22
.03
.24
1.57
27
.19
.04
.15
.10
.28
.11
.62
1.96
1.48
.87
.03
.09
.49
1.16
.20
-.26
-.32
.06
.10
.29
.06
.77
2.32
1.36
.74
.45
.17
.45
.22
.31
-.23
.15
1.73
.15
.10
-.07
.17
.07
.19
.10
1.11
.39
-.30
-.55
.21
.03
.99
.44
.23
.12
.20
1.43
.23
.61
.39
.22
.06
.35
.10
.07
2.92
.63
.40
.16
.08
.40
.01
.17
.00
.23
1.51
.18
.14
.01
.13
.01
.31
.05
.81
-1.09
-.44
-.58
.11
.02
.52
.14
.11
.04
.24
1.29
.19
.39
.35
.04
.04
.41
.10
.15
-.55
.87
.63
.17
.07
.45
.22
-.03
.02
.23
.21
.20
-.08
-.16
.08
-.03
.40
.16
-.43
-3.65
.42
.17
.21
.04
-.07
-08
.01
-.16
.15
.57
14
-.35
-.45
.10
-.04
.51
.01
.29
-3.09
.36
.13
.20
.03
.25
-14
.09
.18
.13
.35
09
.01
-.03
.04
-.11
.53
-.05
-.11
-.81
2.45
1.88
.42
.15
.73
.13
.28
.07
.25
.87
12
-.18
-.10
-.08
-.06
.48
.13
.38
-2.88
-.55
-1.18
.43
.20
1.57
65
.40
.16
.37
1.20
22
.15
.14
.01
.10
.40
.04
.30
2.53
.20
-.05
.25
.00
-.12
-11
-.02
-.13
.14
1.22
20
.04
.01
.04
-.04
.50
.08
.44
22
23
24
25
1.80
1 49
.21
1.27
1.29
1 01
-.04
1.05
1.03
98
.20
.78
-.65
-66
-.05
-.61
2.10
1 71
.11
1.61
1.26
95
-.14
1.08
1.18
97
-.17
1.14
1.01
97
-.20
1.17
.53
.41
.18
.22
2.15
1.80
.40
1.41
1.15
1 28
.25
1.03
.04
.46
.37
.09
-.41
-.41
.12
-.53
-.38
-71
-.10
-.61
-1.95
- 1 93
-.29
-1.64
-.72
-73
.10
-.83
-1.49
- 1 33
-1.12
-.21
-.07
-66
-.44
-.22
.04
-18
-.41
.24
Personal consumption expenditures
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Equipment and software
Information processing equipment and
software
Computers and peripheral
equipment
Software'
Other
Industrial equipment
Transportation equipment
Other
Residential
Change in private inventories
Farm
Nonfarm
Net exports of goods and services
Exports
Goods .
Services
Imports
Goods
Services
Government consumption expenditures and
gross investment
Federal
National defense
Consumption expenditures
Gross investment
Nondefense
Consumption expenditures
Gross investment
State and local
Consumption expenditures
Gross investment
Addenda:
Goods
Services
Structures
Motor vehicle output
Final sales of computers2
26
85
73
63
-26
86
78
1 06
55
.15
1.15
78
.20
.08
-.47
-86
-48
-05
25
44
27
28
?q
30
31
32
33
34
35
36
37
38
.36
.32
.16
.07
.21
14
.32
.15
-.02
.17
-1.20
.24
.34
.24
.15
.02
.28
01
.28
-.15
-.03
-.12
-1.01
.37
.17
.16
.30
.15
-.07
08
.05
.06
-.01
.06
-.75
1.04
.48
.22
.16
.07
.77
-09
.39
.28
.15
.12
.17
1.66
1.33
.47
.32
.26
.20
.02
-.14
.21
-2.04
-.29
-1.75
-1.41
.43
.19
.20
.16
.14
.46
.01
.04
.84
-.47
1.32
-.75
1.08
.19
.20
.76
.24
-.12
.13
.35
-1.77
-.32
-1.45
-1.17
.82
.94
.14
-.18
-.05
-.26
-.30
-.07
.02
.02
-.09
.18
-.27
-.24
-1.94
-1.49
-.45
.22
.01
-.27
-.18
.22
-20
-.16
-1.39
.05
-1.43
-.28
-.99
-.56
-.42
.21
-.06
.10
.15
-.56
-.06
.60
2.60
.09
2.51
-75
.33
-.23
.56
.95
.12
-.99
- 1 01
.02
-1.84
- 1 72
-.12
-1.83
-1.64
-.19
-1.27
-1.12
-.15
-1.99
-1.56
-.43
-2.54
-2.32
-.21
.23
.22
.01
-.01
-.01
-.45
.06
-.23
.02
.34
-3.27
.15
-3.43
.53
-.69
-.49
-.20
1.22
1.21
.01
-.18
-.15
-.53
-.34
-.24
-.19
-.02
-1.14
-.32
-.83
-.42
-1.42
-1.34
-.08
-1.49
- 1 48
.00
.10
.06
.04
.21
-.24
-.09
-.42
-1.12
-.17
-.96
-.72
1.25
1.44
-.19
-1.97
-1.64
-.32
-.03
-.01
.12
-.04
-.57
.01
.00
-.14
.17
-.31
-.23
-.46
-.60
.20
.51
.31
.36
.10
.32
.14
-.06
.17
-.13
1.77
.60
1.17
-1.00
1.53
1.18
.08
.18
.18
-.06
-.33
.19
.22
1.15
-.15
1.30
-1.77
1.07
.33
.10
-.06
.18
.03
.02
-.10
.14
.12
1.80
.23
1.57
.04
1.31
1.11
.32
.41
.22
.15
-.10
.31
10
.32
-.01
.15
-.17
-1.77
-.78
-.72
-.06
1.00
1.18
-.18
1.70
1.17
.53
.70
.37
.33
-1.08
-.40
-.68
-2.84
-2.83
.00
.83
.33
.47
.33
.32
.00
39
40
.17
07
.29
.08
.85
.19
41
42
43
-1.44
- 1 20
-.24
-1.38
- 1 29
-.09
-1.79
-1 54
-.24
-.02
-.02
-.22
-.07
-.23
-04
.01
-1.24
.04
-1.28
-.18
-.59
-.47
-.13
.42
40
.01
44
.34
54
-05
-.07
-.10
02
.02
-.03
.05
.39
33
.07
.68
.14
.09
.06
.03
.06
.01
.05
.54
35
.18
.49
.08
.00
-.01
.01
.08
.07
.01
.41
.35
.06
.65
.29
.19
.16
.02
.10
.08
.01
.36
.30
.07
.73
.32
-.03
.12
-.14
.35
.32
.03
.40
.28
.13
.51
-.21
-.21
-.07
-14
.00
-.01
.01
.72
32
.40
.50
.15
-.01
-.23
22
.16
-.05
.21
.34
40
-.06
.93
.44
.52
.38
.15
-.08
.01
-.09
.49
.44
.05
1.26
.60
.39
.42
-.03
.21
.04
.16
.67
.40
.26
-.20
-.85
-.86
-.82
-.05
.01
.10
-.09
.65
.37
.28
.91
.54
.55
-.01
.37
.30
.06
-.08
.29
-.38
-.18
-.45
-.24
-.25
.01
-.21
-.12
-.09
.28
.27
.00
.51
.12
.17
.18
-.01
-.06
-.04
-.01
.39
.27
.11
.99
.54
.30
.31
-.01
.24
.19
.05
.45
.15
.30
1.00
.36
.10
.02
.09
.25
.20
.05
.64
.37
.27
-.21
.07
.18
.10
.07
-.11
-.03
-.08
-.28
.48
-.76
1.85
45
46
47
48
49
50
51
52
53
.80
.54
.53
.01
.26
.11
.15
1.05
.41
.64
1.04
.47
.46
.34
.12
.01
.03
-.02
.56
.25
.32
.08
.07
-.14
.16
-.29
56
57
58
59
2.22
1.54
.52
.28
.36
2.00
1.77
.35
.31
.35
1.74
1.77
.25
-.10
.25
-.85
1.11
-.01
-.21
.08
4.77
1.40
.53
2.10
.43
.57
1.97
.51
-.44
.30
.57
1.53
-.14
-.07
.46
3.01
2.35
-.17
.71
.30
4.33
2.16
.57
.08
-.03
.51
1.10
.95
-.06
.42
2.55
2.63
-.33
-.30
.36
-.16
.83
-.11
-.62
.09
-.98
1.93
.15
-.65
.09
-1.59
.43
.56
-.65
.23
-2.08
.61
-.12
.53
-.18
-.53
.94
-.70
.31
-.04
1.52
1.75
-.54
.48
.19
2.89
1.60
.56
.31
-.06
-.23
1.82
-.52
.19
.06
1. Excludes software "embedded," or bundled, in computers and other equipment.
2. For some components of final sales of computers, includes computer parts.
1.19
.35
.14
.14
NOTE. The quantity indexes on which the estimates in this table are based are shown in tables 7.1,7.2,7.4,7.6,7.9,7.11,
and 7.17.
August 2002
111
SURVEY OF CURRENT BUSINESS
Table 8.3. Contributions to Percent Change in Real Personal Consumption Expenditures by Major Type of Product
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
1998
1999
2000
2001
2002
Percent change at annual rale:
Personal consumption expenditures..
4.8
4.9
1.21
1.37
.49
.53
4.7
5.7
4.6
5.0
5.3
3.0
3.8
2.59
1.75
.57
.28
.66
-.27
.63
.30
1.64
.90
.62
1.20
1.19
.17
.66
.35
2.02
-.45
.95
1.10
.67
26
-.81
.31
.05
.58
1.52
1.43
1.42
.26
.67
.27
.75
.59
.24
.12
.62
.13
.12
.03
.05
-.03
.30
1.17
.64
.44
-.01
.02
-.03
.46
.94
-.05
.79
.09
.05
.04
.60
2.54
.74
.24
.18
.15
.04
.26
2.61
.35
.16
-.08
-.05
-.03
.32
2.66
1.27
.04
.13
.16
-.03
.71
1.68
.77
.46
.26
.20
.29
.35
.11
.55
.40
.55
.18
.37
.16
.36
.21
.94
.34
.59
.29
.30
.24
.47
.24
.77
.28
-.38
-.48
.09
.14
.42
.08
1.15
2.5
2.1
2.4
1.4
.17
.04
.79
1.29
.94
.25
.11
.70
.62
.25
.31
.06
-.08
.35
-.04
.04
.09
-.05
.35
-.10
.02
-.22
-.10
-.13
.23
6.0
3.1
3.56
2.72
.62
.21
-1.70
Percentage points at annual rates:
Durable goods
Motor vehicles and parts
Furniture and household equipment....
Other
Nondurable goods
Food
Clothing and shoes
Gasoline, fuel oil, and other energy goods
Gasoline and oil
Fuel oil and coal
Other
Services
7
8
9
10
11
12
13
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Recreation
Other
Addenda:
Energy goods and services '
Personal consumption expenditures less food and
energy
.19
.50
.62
.24
1.21
1.36
.97
.26
.51
.20
1.15
.46
.34
.05
.06
2.37
.49
.36
.08
.07
.01
.44
2.20
.55
.26
-.02
-.01
-.01
.36
2.23
.40
.29
.06
.23
.16
.41
.17
.93
.48
.26
.02
.24
.20
.32
.17
.77
.29
.31
.08
.23
.11
.42
.14
.96
.25
.07
-.04
.12
.41
-.49
-.62
.13
-.03
.64
.11
.13
.16
.26
.19
.43
-.01
.37
.12
.11
.10
.05
-.01
-.63
.36
.37
.21
-.35
4.22
4.35
3.75
2.35
5.05
4.32
4.58
4.05
4.09
1. Consists of gasoline, fuel oil, and other energy goods, and of electricity and gas.
NOTE. The quantity indexes on which the estimates in this table are based are shown in table 7.4. The estimates in this
1.44
2.15
.02
.25
.00
.01
2.60
.64
.33
.18
.11
.06
.29
2.09
-.01
.34
2.27
.21
.16
.05
.02
.03
.36
1.91
.22
.15
-.10
.25
.11
.28
.15
1.69
.33
.90
.58
.32
.08
.51
.15
.12
.27
.22
.02
.20
.01
.47
.08
1.21
.29
.58
.52
.06
.06
.62
.15
.21
.31
-.11
-.23
.12
-.04
.68
.25
-.59
.22
-.50
-.65
.15
-.05
.75
.02
.44
.02
.57
-.19
-.87
5.40
1.67
3.79
1.27
2.33
2.38
.33
.45
-.34
-.29
-.06
.22
.50
.53
1.08
.29
2.23
.28
-.07
.36
.00
-.17
-.20
.13
.26
.26
.00
.19
.54
.20
.41
.10
.10
.00
.37
1.33
.92
.57
.22
.21
.01
.52
1.69
-.16
-.03
-.19
-.17
-.02
.21
1.76
.14
.19
-.25
.30
.21
.20
.01
.14
.56
.05
.41
.30
.06
.01
.05
-.05
.71
.11
.63
-.04
.42
-.18
5.81
1.78
2.21
.19
.30
.05
.38
.01
-.04
.05
-.16
.77
-.07
-.16
.21
-.14
-.12
-.08
.72
.19
.57
-.80
.61
table differ from those in table 8.2 because this table shows contributions to real personal consumption expenditures,
whereas table 8.2 shows contributions to real gross domestic product.
Table 8.4. Contributions to Percent Change in Real Private Fixed Investment by Type
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
1999
2001
2000
2002
Percent change at annual rate:
13.1
Private tixed Investment
5.9
2.9
-4.3
-8.9
Percentage points at annual rates:
Nonresidential
9.39
6.09
5.77
-3.88
10.64
5.78
5.86
5.67
2.25
11.08
7.45
2.61
-2.39
Structures
Nonresidential buildings, including farm
Utilities
Mining exploration, shafts, and wells
Other structures
Equipment and software
Information processing equipment and
software
Computers and peripheral equipment'
Software2
Other
Industrial equipment
Transportation equipment
Other
Residential
1.34
-.26
-.21
.21
-.27
.01
6.35
1.19
.49
.31
.37
.03
4.58
-.31
.72
1.39
-.01
-.67
.01
9.91
-.81
-.96
-1.72
1.05
-.99
.02
6.82
2.11
.57
.45
.91
.18
.51
.69
6.58
2.44
1.99
.00
.36
.09
8.64
1.46
.08
.44
.24
-1.17
-1.06
.48
-.31
-.28
6.84
5.36
2.30
2.05
1.02
4.43
2.06
1.45
-1.54
-.13
-.13
4.67
2.44
1.33
.90
-.60
1.89
.62
1.94
6.27
2.79
1.91
1.57
1.18
.15
-.78
1.27
3.21
1.09
1.16
.95
.85
2.70
.07
.25
-.58
.83
.68
6.96
1.15
1.27
4.54
1.46
-.63
.84
2.21
4.54
2.11
.13
1.71
.08
1.70
5.30
2.91
1.36
1.03
.46
4.68
-.52
2.44
.83
-.34
1.02
.43
1.34
.91
2.00
1.97
1.37
-.02
.63
.03
3.70
1.01
.92
1.77
.86
-.42
.45
.29
.26
.15
-.03
.07
.11
.11
1.89
.14
-.15
.00
2.41
1.63
.15
.64
.03
1.19
-.30
-.03
1.52
.08
.20
.05
.18
-.03
.05
.67
1.52
-.10
-.75
.01
Structures
Single family
Multifamily
Other structures
Equipment
.90
.58
-.10
-.04
8.05
.92
1.66
.96
.14
.56
.05
1. Includes new computers and peripheral equipment only.
2. Excludes software "embedded," or bundled, in computers and other equipment.
.03
-.95
-.01
.48
.16
-3.57
-1.27
-.43
-1.37
-.23
.07
.06
.11
.87
.51
.52
-.17
.57
.61
.04
1.20
.16
.12
2.15
1.52
1.10
.26
.12
-.04
6.00
.58
1.85
.83
-.33
.96
-.76
-.76
-1.12
.02
.33
.00
1.16
.58
.35
.23
1.24
-1.37
-.52
-2.44
-2.43
-1.99
-.54
.09
-.01
-.16
.45
.39
.02
-3.08
-4.18 -11.04
-.59
-.04
-.58
.24
-.21
-3.58
.45
-.18
-.06
.68
-.25
-3.33
.05
-.01
-2.73
-.07
-.05
-2.61
.34
-.02
-.20
.28
-.11
.02
2.00
1.72
.38
-.09
.00
-1.32
.14
2.00
-1.59
-2.92
.24
1.13
-.05
-9.44
-4.42
-8.03
-4.29
-1.16
.59
-2.65
-.49
.42
3.32
-5.02
-6.87
-2.83
-1.98
.42
-1.28
.01
-2.68
-2.04
-.68
.06
-.02
1.53
-2.92
.95
-3.56
-.42
3.79
3.77
1.80
.62
1.35
.02
-.33
-3.33
-1.16
-1.05
-.84
-3.09
-1.99
-1.39
-1.08
-.01
-1.08
-.28
-1.55
-1.81
-.39
.10
.11
-.24
1.36
.03
-1.63
-1.11
1.39
-1.20
-.88
-.01
.35
.06
-.42
.11
.30
.01
-.19
.00
-.92
-.77
.24
-.39
.04
-.01
-1.46
1.57
1.32
-.41
.66
2.85
.55
1.16
1.14
-.40
-2.16
1.23
1.43
1.40
.37
.50
.52
NOTE. The quantity indexes on which the estimates in this table are based are shown in table 7.6. The estimates in this
table differ from those in table 8.2 because this table shows contributions to real private fixed investment, whereas table 8.2
shows contributions to real gross domestic product.
August 2 0 0 2
Supplemental Tables
112
Table 8.5. Contributions to Percent Change in Real Exports and in Real Imports of Goods and Services by Type of Product
Seasonally adjusted at annual rates
Line
1998
1999
2000
1998
2001
2000
1999
2002
2001
Percent change at annual rate:
3.4
Exports of goods and services
-9.6
3.5
Percentage points at annual rates:
Exports of goods1
Foods, feeds, and beverages
Industrial supplies and materials
Capital goods, except automotive
Automotive vehicles, engines, and parts
Consumer goods, except automotive
Other
1.49
2.64
7.94
-4.23
13.03
-6.40
3.28
9.17
10.64
4.78
11.28
13.24
-5.22
-.05
-.16
1.29
-.18
.18
.17
1.70
.25
.09
.24
.74
.27
1.48
1.79
-1.14
1.95
1.04
5.32
3.06
-.22
1.87
3.26
-1.03
-1.47
-1.95
-.43
-.57
-.94
-.47
1.03
1.40
.06
.59
.29
-.09
.99
1.10
.89
6.75
.50
.68
-.75
1.45
-.42
3.27
4.44
.41
1.33
1.61
2.00
.10
.90
1.25
2.13
1.06
-.66
2.93
.26
.68
11.29
-.84
.51
-.62
3.37
1.30
2.70
6.71
-.23
1.27
1.50
-1.62
-1.06
-.12
.15
.13
-.58
-3.21
-.47
-.07
-.03
10.9
13.2
-2.9
12.2
8.4
14.5
9.4
14.7
18.6
13.8
10.19
11.39
-2.78
12.22
8.53
14.28
12.96
8.29
11.59
16.99
11.51
.62
.18
.20
.15
.42
.31
1.45
1.23
6.43
1.66
2.19
.69
1.11
1.30
-.30
4.62
2.76
4.17
.22
1.53
1.97
-2.43
3.62
1.03
3.24
.65
.49
1.87
3.17
3.02
2.93
-.04
.38
2.84
8.33
-.31
4.78
.54
.68
-.16
4.48
.53
2.10
3.57
-.58
.00
-1.55
2.10
-.82
1.11
3.14
1.62
2.27
-.10
.31
.28
.65
Exports of services •
4.79
.45
.81
-3.24
-.72
-.75
.67
1.23
-4.32
-11.86
-13.36
-5.45
-2.43
10.34
-1.72
-.01
-1.37
-11.34
.82
.39
-.82
-1.73
1.39
-.28
-.25
-.54
-.55
-1.23
-8.87
.02
-2.06
-.67
-3.89
-5.94
-1.10
-.46
.83
.08
-.47
-1.79
-.25
-.67
.67
-4.18
5.89
-.97
2.80
3.54
3.01
.66
1.30
1.38
-7.9
-6.8
-11.8
-5.3
-7.86
-8.05
-7.97
-2.76
-.14
.25
.73
-.25
.18
.16
1.71
-2.25
.56
-1.00
-1.14
-2.59
-9.18
1.02
-.52
2.07
.11
-2.40
-5.25
.22
-1.29
-.09
-.15
.27
-1.40
-1.47
.68
-1.25
2.40
.98
2.42
-2.16
1.29
-3.79
-2.54
Percent change at annual rate:
Imports of goods and services
Percentage points at annual rates:
9.80
Imports of goods1
.12
.24
Foods, feeds, and beverages
Industrial supplies and materials, except petroleum
and products
Petroleum and products
Capital goods, except automotive
Automotive vehicles, engines, and parts
Consumer goods, except automotive
Other
Imports of services»
3.49
.85
2.53
.90
.55
.03
3.48
2.61
2.37
.82
1.96
.71
1.38
.37
.83
.42
4.65
1.23
3.33
.70
1.81
-.45
.27
-2.73
-.41
.33
.07
.37
-1.01
3.04
6.79
.54
2.38
-72
.17
2.53
2.82
3.36
-.24
.01
-.10
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government,
are included in services. Beginning with 1986, repairs and alterations of equipment were reclassified from goods to
services.
.00
-.62
5.31
1.35
2.21
4.40
5.45
7.18
2.33
.03
NOTE. The quantity indexes on which the estimates in this table are based are shown in table 7.10. The estimates in this
table differ from those in table 8.2 because this table shows contributions to real exports and to real imports, whereas table
8.2 shows contributions to real gross domestic product. Because imports are subtracted in the calculation of gross
domestic product, the contributions of components of real imports have opposite signs in this table and in table 8.2.
Table 8.6. Contributions to Percent Change in Real Government Consumption Expenditures and Gross Investment by Type
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
IV
II
I
III
IV
II
I
2002
2001
2000
1999
1998
III
IV
II
I
III
IV
I
II
Percent change at annual rate:
Government consumption expenditures and
gross investment1
1
1.9
3.9
2
-.28
3
4
5
6
-.42
-.54
.01
.02
-56
8
9
10
11
12
13
14
15
16
17
18
2.9
5.3
7.1
-1.2
-1.18
.90
2.50
3.35
-1.19
-.40
-.40
-.09
09
-.04
-1.30
.71
.20
-2 22
2.95
2.13
.43
.46
1 23
2.19
2.37
-.53
-.48
3 38
-.43
-.26
-.22
.13
-.41
.08
.00
1.46
-.81
-.20
-.62
1.99
1.82
1.47
.14
21
.00
.36
-.79
.09
-.88
.01
-.04
-.01
-.52
48
.01
-2.00
1.26
-.03
1.29
.93
-.28
.00
.04
-32
.01
1.09
.82
-.08
.90
-.45
.07
.00
-.08
15
.01
3.78
-.18
-.04
-.14
1.16
.25
.06
-.04
.22
.01
-5.06
-.26
-.04
-.21
.04
.57
.00
.11
.46
4.1
3.0
1.61
1.82
1.06
.92
.09
.03
80
-.17
.64
-.21
-.17
1 03
-.03
.05
.00
-.08
.07
-.01
.08
.44
.40
.01
-.01
40
-.01
.76
.14
-.01
.14
.55
.47
.01
.13
34
2.7
3.7
.82
.43
.48
.31
.09
.05
18
-.01
-.08
.00
.03
-11
-.28
-.23
-.02
-.27
.12
-.03
.15
.14
-.14
-.10
.02
-07
.00
.40
.17
-.02
.19
.34
.08
.09
-.13
12
4.6
-1.0
2.9
5.7
5.6
-1.1
10.5
5.6
1.8
-4.79
5.10
-2.54
.67
3.09
2.00
.39
4.49
2.53
2.49
-4.84
-4.58
.04
.35
- 4 98
3.03
3.09
.00
-.01
3 09
-1.36
-1.42
.00
-.25
- 1 18
.99
1.02
-.13
-.15
1 30
1.72
1.77
.06
.06
1 66
.59
.11
.40
.28
-57
.97
.57
.43
-.01
14
3.01
2.94
-.45
.34
304
2.46
1.81
.13
.04
1 65
1.73
1.72
-.01
.03
1 70
.18
.00
-.08
.27
-.05
-.04
.09
.30
.24
.00
2.91
-.05
.09
-.14
2.06
1.70
-.03
-.01
1.74
.00
-1.17
.07
.07
-.01
-1.19
-.67
.02
.12
-81
-.01
1.39
-.03
-.15
.11
-.31
-.24
.06
-.65
.36
-.01
1.40
-.05
.05
-.11
1.37
1.06
-.01
.81
26
-.01
-.51
.48
-.01
.49
1.41
1.12
-.01
.43
69
.00
.18
.40
-.10
.50
-.57
-.16
.00
-.48
32
.00
2.94
.08
.13
-.06
1.48
.63
.02
.10
51
.01
1.34
.65
-.12
.77
.07
.16
.01
.07
08
.02
1.44
.00
.00
.01
.76
.42
.00
.21
21
Percentage points at annual rales:
Federal
National defense
Consumption expenditures
Durable goods2
Nondurable goods
Services
Compensation of general government
employees, except own-account
investment3.
Consumption of general government
fixed capital4
Other services
Gross investment
Structures
Equipment and software
Nondefense
Consumption expenditures
Durable goods Nondurable goods
Services
Compensation of general government
employees, except own-account
investment3
Consumption of general government
fixed capital4
Other services
Gross investment
Structures
Equipment and software
State and local
Consumption expenditures
Durable goods2
Nondurable goods
Services
Compensation of general government
employees, except own-account
investment3
.
Consumption of general government fixed
capital4
Other services
Gross investment
Structures
Equipment and software
19
.06
.02
.17
.03
.45
.28
-.62
-.33
.05
.78
1.28
-1.40
-.30
.44
.06
.09
-.05
.11
-.03
20
?1
.12
-.25
.15
-.05
.14
.10
.11
.26
.15
-.39
.15
.05
.05
.31
.29
23
24
25
26
27
28
?9
.08
.20
2.20
1.82
07
.39
1.35
.00
.25
3.04
2.00
07
.48
1.45
-.08
.12
2.29
1.97
07
.42
1.48
-.04
.11
2.05
1.66
06
.36
1.24
.12
.05
2.25
1.55
.06
.37
1.12
-.11
.15
4.17
1.86
.08
.54
1.24
-.20
.56
-.48
1.64
.06
.42
1.16
.03
.28
2.62
.92
.07
.38
.47
-.24
.53
3.62
2.11
.07
.38
1.66
.38
.46
5.98
2.43
.07
.34
2.02
.11
-.14
-.10
.34
-.43
3.03
1.33
.06
.24
1.03
.11
.12
.17
.10
.13
-.41
.03
-.44
-1.51
2.63
.06
.27
2.30
.12
.44
08
.12
.54
-.08
.02
-.09
2.21
1.56
.04
.39
1.13
.11
.53
04
.12
.47
-.52
-.14
-.38
1.55
1.54
.06
.35
1.12
.10
-.28
26
.14
-.46
-.53
-.26
-.26
3.56
2.00
.06
.39
1.54
.13
.34
28
.15
.33
-.52
.05
-.57
2.78
2.49
.07
.50
1.91
.15
.03
22
.15
.15
1.21
-.21
1.42
1.99
2.32
.07
.53
1.72
-.72
.84
.04
.17
.63
30
.63
.45
.75
.79
.41
-.08
.54
.98
.90
.87
.54
.62
.65
.15
1.21
1.85
1.28
.50
.38
31
32
33
34
35
27
.45
.38
-.05
.44
29
.70
1.04
.68
.36
.28
.45
.32
.10
.23
.24
.21
.39
.23
.16
.29
.41
.71
.29
.41
.29
1.03
2.31
1.96
.35
.29
.90
-.33
-.70
.38
.29
.64
.29
-.01
.31
.29
.55
1.46
1.26
.21
.27
.40
1.57
1.50
.07
.27
.35
-2.12
-2.42
.30
.26
.25
.02
-.28
.29
.25
.23
.65
.36
.29
.24
.09
1.70
1.74
-.04
.25
.21
1.51
1.30
.22
.24
.22
-4.14
-4.34
.20
.26
.48
3.56
3.61
-.06
.27
.26
1.70
1.95
-.25
.20
.06
-1.56
-1.48
-.08
1. Gross government investment consists of general government and government enterprise expenditures for fixed
assets; inventory investment is included in government consumption expenditures.
2. Consumption expenditures for durable goods excludes expenditures classified as investment, except for goods transferred to foreign countries by the Federal Government
3. Compensation of government employees engaged in new own-account investment and related expenditures for goods
and services are classified as investment in structures and in software.
.91
.28
.63
3.73
2.27
.08
.45
1.74
.36
.85
.35
-.25
.59
4. Consumption of fixed capital, or depreciation, is included in government consumption expenditures as a partial
measure of the value of the services of general government fixed assets; use of depreciation assumes a zero net return on
these assets.
NOTE. The quantity indexes on which the estimates in this table are based are shown in table 7.11. The estimates in this
J
^
^
consumption expenditures and
whereas
table
contributions
to
product.
9ro
t t
h
t b l 8.2
8 2 shows
h
tbt
to reall grosss domestic
d t
dct
August 2002
113
SURVEY OF CURRENT BUSINESS
Table 8.7. Selected Per Capita Product and Income Series in Current and Chained Dollars
[Dollars]
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
II
I
IV
II
I
IV
III
2002
2001
2000
1999
1998
I
IV
III
II
I
IV
III
II
Current dollars:
Gross domestic product ....
Gross national product
Personal income
Disposable personal income
Personal consumption
expenditures
Durable goods
Nondurable goods
Services
Chained (1996) dollars:
1
2
3
4
31,822
31,810
26.910
23,031
33,224
33,306
27,894
23,742
34,779
34,862
29,759
25,205
35,264
35,340
30,378
25,859
32,410
32,377
27,328
23,329
32,718
32,790
27,548
23,498
32,914
33,001
27,712
23,614
33,326
33,387
27,928
23,753
33,933
34,039
28,384
24,099
34,315
34,390
29,202
24,734
34,826
34,917
29,611
25,097
34,903
34,965
30,001
25,407
35,068
35,171
30,216
25,577
35,238
35,273
30,424
25,713
35,211
35,320
30,398
25,717
35,262
35,303
30,403
26.275
35,343
35,465
30,288
25,729
35,895
35,803
35,809
30,586 '"30,881
26,621
26,964
5
6
7
8
21,221
2,512
6,191
12,518
22,377
2,708
6,556
13,113
23,660
2,846
6,984
13,830
24.438
2,924
7,140
14,375
21,604
2,616
6,293
12,696
21,865
2,622
6,380
12,863
22,234
2,691
6,511
13,031
22,533
2,737
6,586
13,210
22,872
2,781
6,745
13,346
23,301
2,875
6,852
13,573
23,542
2,835
6,968
13,740
23,809
2,865
7,030
13,914
23,985
2,809
7,085
14,092
24,262
2,870
7,139
14,254
24,385
2,874
7,164
14.346
24.388
2,877
7,139
14,372
24.715
3,072
7,117
14,526
24,906
2,982
7,239
14,685
Gross domestic product ....
Gross national product
Disposable personal income
Personal consumption
expenditures
Durable goods
Nondurable goods
Services
Population (mid-period,
thousands)
9
10
11
30,834
30,833
22.354
31,736
31,825
22,671
32,537
32,625
23,471
32,229
32,309
23,602
31,267
31,246
22,533
31,424
31,505
22,628
31,492
31,586
22,612
31,789
31,858
22,625
32,235
32,345
22,818
32,352
32,431
23,223
32,645
32,742
23,432
32,584
32,653
23,599
32,567
32,674
23,627
32,433
32,475
23,558
32.209
32.318
23,456
32,080
32,127
23.970
32,195
32,316
23,424
32,505
32,496
32,520
24.171 ""24,328
12
13
14
15
20,597
2,633
6,111
11,862
21,367
2,911
6,323
12,163
22,032
3,111
6,492
12,477
22,305
3,259
6,540
12,574
20,867
2,768
6,188
11,931
21,055
2,798
6,247
12,031
21,291
2,886
6,304
12,129
21,462
2.948
6,323
12,224
21,657
3.010
6,418
12,269
21,877
3,128
6,435
12.367
21,980
3,090
6,495
12,441
22.115
3.140
6,507
12,518
22,156
3,088
6,529
12,580
22,229
3,165
6,549
12,567
22,241
3,197
6,525
12,576
22,248
3,222
6,524
12,563
22,501
3.453
6,562
12,589
22,613
3,388
6,670
12,644
22,652
3,398
6,641
12,701
16
275,955
279,144
282,489
285,908
277,217
277,910
278,657
279,562
280,446
281,202
281,994
282,923
283,838
284,582
285,418
286,360
287,272
288,051
288,897
25,107
2,969
7,288
14,849
Table 8.8B. Motor Vehicle Output
[Billions of dollars]
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
IV
Motor vehicle output
Auto output
Truck output'
Final sales of domestic product
Personal consumption expenditures
New motor vehicles
Autos
Light trucks
Net purchases of used autos
Private fixed investment
New motor vehicles
Autos
Trucks
Light trucks
Other
Net purchases of used autos
Gross government investment
Autos
New trucks
Net exports
Exports
Autos
Trucks
Imports
Autos
Trucks
Change in private inventories
Autos .
New
Domestic
Foreign
Used
New trucks
Domestic
Foreign
Addenda:
Final sales of motor vehicles to domestic
purchasers
,
Private fixed investment in new autos and new
light trucks
Domestic output of new autos2
Sales of imported new autos3
1
2
3
4
314.6
127.1
187.5
313.9
343.2
124.6
218.6
333.1
335.4
118.8
216.5
329.2
312.0
109.6
202.4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
229.6
174.7
87.9
86.8
54.9
140.2
175.3
75.5
99.7
67.2
32.5
-35.1
253.9
196.2
98.4
97.8
57.7
157.4
193.2
78.8
114.3
76.5
37.9
-35.8
267.5
208.1
105.5
102.6
59.4
150.0
186.6
77.1
109.5
76.5
33.0
-36.6
12.2
3.8
8.4
20
21
22
23
24
25
26
27
-68.1
25.9
16.2
9.7
94.0
79.4
14.6
.7
12.8
3.9
8.9
-91.0
25.3
16.5
8.8
116.3
96.3
20.0
10.2
28
29
30
31
32
33
34
35
3.2
2.5
1.5
1.0
.7
-2.5
-2.4
-.1
1.4
1.2
.0
1.3
.2
8.7
8.3
.5
36
382.0
37
38
39
142 8
114.0
67.8
II
I
III
IV
II
I
335.5
121.6
213.9
321.3
333.6
122.5
211.0
330.1
350.5
124.4
226.1
339.5
353.4
129.9
223.5
341.4
351.3
126.3
225.0
345.7
120.9
224.8
329.3
346.3
135.3
211.0
335.3
350.0
288.4
227.8
105.9
121.8
60.6
127.7
164.2
70.6
93.6
70.2
23.4
-36.5
249.1
189.3
92.3
97.0
59.7
150.7
188.7
80.5
108.2
71.5
36.7
-38.0
242.5
186.7
91.9
94.8
55.8
153.0
187.7
76.9
110.8
73.9
37.0
-34.7
254.2
196.0
97.8
98.1
58.2
153.2
187.9
78.0
109.9
72.9
37.0
-34.8
258.7
201.0
101.1
99.9
57.7
162.1
198.7
80.4
118.3
79.9
38.4
-36.6
260.2
201.2
102.8
98.5
59.0
161.4
198.3
80.0
118.3
79.2
39.1
-36.9
274.3
215.5
109.9
105.6
58.8
163.0
201.1
82.7
118.4
80.9
37.5
-38.1
13.4
3.8
9.6
-101.7
26.1
16.7
9.4
127.8
109.2
18.6
13.7
3.8
9.9
-100.5
25.4
17.8
7.6
125.9
106.7
19.2
13.1
3.9
9.2
12.2
3.8
8.4
11.3
3.6
7.7
13.0
3.7
9.4
14.8
4.6
10.2
-77.6
25.6
17.0
8.6
103.2
87.3
15.9
-86.3
24.9
16.4
8.5
111.2
92.1
19.1
-94.3
24.8
15.8
6.1
-17.3
11.0
14.1
-88.5
25.6
16.9
8.7
114.1
93.9
20.2
3.4
-95.0
25.8
16.8
9.1
120.9
99.8
21.1
12.0
13.9
3.7
10.2
-101.1
27.2
17.5
9.7
128.4
106.7
21.7
2.1
1.2
.7
.6
.9
4.1
3.2
.9
-6.1
-6.7
-7.4
.7
.6
-11.3
-10.7
-.5
7.1
6.9
4.3
2.7
.1
3.7
3.0
2.7
.4
.7
10.4
9.3
1.1
1.7
.4
.3
.1
1.3
9.3
10.2
-.9
3.5
2.5
-.7
3.1
1.1
3.9
3.9
.0
-3.4
-1.1
-2.4
1.3
-2.3
6.8
7.2
-.4
424.1
430.9
429.8
412.9
407.6
418.6
155 3
116.5
78.8
153 6
117.4
84.2
140 8
107.3
82.9
152.0
122.1
72.5
150 8
115.7
72.8
151.0
115.0
77.1
1. Except for exports and imports, consists of new trucks only.
2. Consists of final sales and change in private inventories of new autos assembled in the United States.
3. Consists of personal consumption expenditures, private fixed investment, and gross government investment.
2000
1999
1998
9.0
119.1
99.3
19.8
11.0
1.3
2001
III
IV
I
II
2002
III
314.0
109.2
204.9
306.4
296.8
103.1
193.6
319.8
307.9
110.1
197.9
317.1
315.6
112.5
203.2
329.9
330.4
118.9
211.5
330.5
264.4
206.4
106.4
100.0
57.9
152.9
188.1
75.4
112.7
77.3
35.4
-35.2
272.1
212.3
106.7
105.6
59.8
149.2
185.1
75.5
109.6
77.8
31.9
-35.9
259.1
198.2
98.9
99.3
61.0
135.1
172.2
74.8
97.4
70.0
27.4
-37.1
276.0
212.8
104.2
108.7
63.1
133.2
172.3
75.5
96.8
71.8
25.0
-39.0
12.8
3.8
9.1
-100.1
27.0
17.3
9.7
127.2
108.3
18.9
15.8
12.9
4.0
8.8
-103.7
25.4
16.2
9.2
129.0
110.9
18.1
-.1
14.2
3.9
10.2
13.8
3.3
10.4
276.8
214.7
102.4
112.3
62.1
127.7
165.2
72.1
93.1
69.5
23.6
-37.6
13.7
4.0
9.7
-101.9
24.9
16.0
8.9
126.8
110.9
15.9
7.6
-103.1
22.7
15.3
7.3
125.8
109.8
16.0
-23.1
-101.0
25.7
17.7
8.0
126.7
107.5
19.2
-9.2
-9.6
-10.5
-12.0
1.5
.9
-13.5
-12.8
-.7
-3.1
-3.5
-3.4
-.1
.4
IV
I
II
327.7
112.7
215.0
364.4
331.8
114.1
217.7
278.3
217.4
100.0
117.3
60.9
124.3
159.9
68.9
91.1
68.4
22.7
-35.7
322.6
266.2
117.2
149.0
56.4
287.4
229.6
103.3
126.3
57.9
13.3
4.0
9.3
-99.8
26.9
19.3
-98.9
25.9
18.6
-109.1
28.4
20.4
126.6
105.6
21.0
-.4
14.2
4.0
10.2
-98.1
26.4
18.9
7.4
124.4
103.7
20.7
-36.7
290.6
235.1
104.1
131.0
55.5
114.9
147.5
62.5
85.0
64.0
21.0
-32.6
13.7
4.1
9.7
-6.1
-5.5
-.6
.7
.2
-.7
.8
.5
-1.1
-.9
-.2
-12.4
-12.9
-13.5
.6
.5
-24.4
-23.7
-.7
316.1
7.5
125.7
159.3
65.8
93.5
71.2
22.3
-33.5
320.4
333.3
108.5
224.8
310.7
120.1
154.6
65.5
89.1
66.0
23.1
-34.5
12.3
3.6
8.7
7.4
8.0
124.8
105.7
19.1
11.4
137.5
118.6
18.8
22.5
7.6
7.1
6.9
.2
.5
10.9
10.7
9.4
1.3
.3
3.8
2.4
1.4
11.6
11.5
.1
3.6
2.9
2.9
.0
.7
3.5
3.8
3.5
.3
-.3
8.5
6.3
2.2
-1.4
-3.6
-4.4
.8
2.2
2.7
2.9
-.2
12.2
10.5
1.7
-3.6
-2.2
-1.4
2.6
1.7
.6
1.1
.9
5.0
1.7
3.3
433.8
436.4
451.2
430.1
434.2
408.3
423.0
418.1
415.8
462.5
419.3
419.8
160.2
117.9
81.0
159.1
117.4
84.1
163.6
122.9
85.2
152.7
118.9
84.2
153 3
118.7
84.4
144 8
109.1
83.0
147 3
106.1
80.7
141 6
107.9
83.5
137 3
109.1
80.5
136 9
106.0
87.0
126 5
111.2
81.6
131.6
115'0
83.1
August 2 0 0 2
Supplemental Tables
114
Table 8.9B. Real Motor Vehicle Output
[Billions of chained (1996) dollars]
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
1998
IV
Motor vehicle output
Auto output
Truck output>
Final sales of domestic product..
Personal consumption expenditures .
New motor vehicles
Autos
Light trucks
Net purchases of used autos
Private fixed investment
New motor vehicles
Autos
Trucks
Light trucks
Other
Net purchases of used autos
Gross government investment
Autos
New trucks
Net exports
Exports
Autos
Trucks .
Imports
Autos
Trucks ...
Change in private inventories .,
Autos
New
Domestic
Foreign
Used
New trucks
Domestic
Foreign
Residual
Addenda:
Final sales of motor vehicles to domestic
purchasers
Private fixed investment in new autos and new
light trucks
Domestic output of new autos2
Sales of imported new autos3
I
IV
2001
2002
I
IV
318.0
129.5
188.4
317.6
345.8
128.6
216.8
336.1
336.5
122.2
213.7
330.8
315.9
113.4
202.0
333.9
348.5
137.6
210.7
337.6
338.4
125.2
212.8
324.5
336.7
127.2
209.2
333.7
353.1
128.4
224.2
342.7
354.9
133.6
221.0
343.5
353.5
130.5
222.6
352.7
346.3
124.1
221.6
330.9
331.1
121.9
208.7
331.8
315.0
112.4
202.0
308.0
298.7
106.0
192.1
322.5
312.2
113.6
198.2
321.9
320.2
116.8
203.0
321.0
332.6
117.0
214.9
370.2
232.1
256.3
196.2
99.9
96.2
59.8
156.6
269.0
208.3
107.0
101.2
60.4
149.1
186.8
290.0
229.2
251.1
189.1
93.0
95.9
61.9
150.2
190.0
81.2
109.0
73.0
35.9
245.7
186.5
92.9
93.5
59.0
257.6
196.1
99.4
96.6
61.3
151.7
260.4
201.1
102.8
98.2
59.0
161.9
200.2
81.7
118.6
81.3
37.2
-38.0
261.3
200.9
276.8
216.1
111.8
104.3
60.3
162.0
201.8
84.2
117.8
81.8
265.4
206.0
107.9
260.2
198.7
100.4
98.2
61.3
134.3
171.9
76.0
96.1
276.1
278.1
216.2
104.4
111.5
61.6
280.9
324.8
267.5
119.3
77.9
34.0
-36.2
273.5
212.2
108.0
104.1
61.0
148.1
185.1
76.5
108.8
78.4
30.6
-36.8
70.1
26.2
-37.5
73.1
23.9
12.9
3.5
9.4
14.6
4.4
-92.0
24.0
15.5
8.5
116.0
96.9
19.0
10.3
-92.9
24.8
16.3
8.5
117.7
97.4
20.2
11.2
12.6
3.6
9.0
-97.9
12.6
3.8
8.8
-101.4
25.7
16.7
9.0
24.1
13.8
3.7
10.1
-99.3
23.7
15.5
8.2
122.9
107.9
15.1
1.8
.5
.3
.1
1.3
7.7
8.4
-.9
.7
3.6
2.5
Z.O
1.1
7.0
5.2
2.0
.2
1.2
-1.4
-3.6
-4.5
.8
2.3
2.2
2.4
-.2
-.7
162.9
119.1
82.3
161.5
118.3
85.4
165.8
124.1
86.5
174.5
88.5
85.9
57.5
140.6
177.6
76.1
101.6
69.4
32.2
-37.0
12.2
3.7
194.4
80.0
114.5
77.7
36.7
-37.6
78.3
108.6
77.1
31.7
-37.5
8.6
-67.3
25.4
16.0
9.3
92.6
78.3
14.3
.7
12.7
3.8
8.9
-88.9
24.5
16.1
8.4
113.3
94.0
19.3
9.6
13.2
3.7
9.5
-99.4
24.9
3.3
2.5
1.5
1.0
.8
1.4
1.2
.0
1.2
.2
-2.2
-2.1
-.1
-.7
7.3
6.8
.5
.5
384.9
145.4
114.5
68.3
108.0
120.9
60.4
129.1
165.8
71.9
94.0
72.0
22.4
-36.7
13.7
3.7
-39.8
151.5
188.9
77.7
111.2
75.1
36.0
-37.2
12.1
3.7
8.4
189.0
79.3
109.8
73.8
35.9
-37.1
11.1
3.5
7.7
-86.3
24.9
16.6
8.3
111.2
91.6
19.6
3.3
106.5
17.8
10.0
-97.8
24.0
17.2
7.0
121.8
103.7
18.2
5.7
-15.9
13.1
3.8
9.3
-76.5
25.0
16.7
8.3
101.5
85.9
15.5
10.6
2.1
1.2
.7
.5
-6.2
-6.8
-7.6
.7
.6
7.3
7.0
4.4
2.6
.1
3.9
3.1
2.8
.4
3.3
3.3
.0
.3
8.8
7.8
1.1
-1.0
-8.8
-8.3
-.5
-3.9
-3.5
-1.1
-2.5
1.3
-2.5
5.7
6.0
-.4
.7
.7
425.5
431.1
432.5
414.3
409.3
420.4
157.5
117.4
79.9
155.2
118.1
85.4
143.8
108.4
84.6
154.0
122.4
73.0
152.8
116.3
73.6
153.0
116.1
78.3
16.2
8.7
124.2
.9
3.3
2.6
.8
-84.4
24.2
16.1
8.2
108.6
90.1
18.5
13.5
.8
1. Except for exports and imports, consists of new trucks only.
2. Consists of final sales and change in private inventories of new autos assembled in the United States.
3. Consists of personal consumption expenditures, private fixed investment, and gross government investment.
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-
2000
1999
104.4
96.5
60.1
161.0
199.4
81.2
118.2
80.4
37.8
-38.1
10.2
35.9
-39.6
13.6
3.5
10.1
-98.9
26.0
16.9
9.1
124.9
104.1
20.8
98.2
59.0
151.8
188.2
76.4
111.9
123.7
105.7
18.0
14.8
3.7
3.0
3.0
.0
.7
10.0
8.5
1.6
.7
154.2
119.6
85.2
15.6
8.5
125.4
108.2
17.2
-.1
3.6
3.9
3.6
.3
-.3
-2.9
7.0
2.6
1.7
.6
1.1
.9
4.0
1.3
213.4
106.0
107.3
62.3
134.5
173.3
76.8
96.7
-38.8
13.6
3.2
10.5
-100.4
21.5
14.8
6.7
121.9
106.8
15.2
-21.2
-9.6
-10.6
-12.2
1.4
.9
-2.5
-1.2
-10.8
-10.2
-.6
-4.4
434.1
408.2
424.0
154.7
119.1
85.6
146.0
109.7
84.4
149.8
106.5
82.5
-1.8
-1.3
3.1
129.9
219.7
102.3
117.0
60.8
125.2
94.2
161.4
70.4
91.1
71.7
69.6
167.6
73.5
22.9
-37.6
21.8
-36.1
13.7
13.3
3.9
9.4
-97.3
25.4
3.9
9.8
-98.7
24.3
17.1
7.3
123.0
18.6
6.9
18.2
122.7
102.9
19.8
-8.4
-.4
-3.1
-3.6
-3.5
-.1
.4
-4.8
-4.3
.7
.2
-.7
104.8
147.6
56.9
126.7
161.0
67.0
94.1
73.7
21.0
-34.2
14.2
3.9
10.3
-94.9
24.9
18.2
6.8
119.8
100.2
19.6
-33.5
-12.7
-13.2
-14.0
.6
.5
340.5
119.8
220.0
345.7
115.3
229.4
328.7
295.9
322.4
295.7
235.7
106.8
128.4
59.6
239.1
106.8
131.8
56.5
115.8
149.6
64.1
85.6
66.3
19.7
-33.7
13.6
121.9
158.2
67.8
90.5
69.4
21.5
-36.3
12.3
3.4
3.9
8.9
9.8
-95.7 -105.8
24.4
26.6
17.8
6.7
120.1
102.1
18.0
10.2
7.8
7.2
7.1
.2
.5
19.5
7.2
132.4
114.8
17.7
20.4
11.3
10.9
9.7
1.2
.3
8.7
8.6
-18.8
-18.0
-.7
2.8
1.7
-6.5
.1
419.2
465.4
425.2
429.7
139.9
110.6
82.2
140.5
107.5
88.0
130.4
112.7
83.7
137.1
117.2
86.0
-.5
-2.9
-.7
-.2
-1.4
421.5
85.5
1.3
.1
2.1
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, excluding the lines in the addenda.
Chain-type quantity indexes for the series in this table are shown in table 7.18B.
August 2002
115
SURVEY OF CURRENT BUSINESS
Table 8.10. Farm Sector Output, Gross Product, and National Income
[Billions of dollars]
Line
Farm output
Cash receipts from farm marketings
Crops
Livestock
Farm housing
Farm products consumed on farms
Other farm income
Change in farm inventories
Crops
Livestock
1998
1999
2000
Table 8.11. Real Farm Sector Output, Real Gross Product, and Real Net
Product
[Billions of chained (1996) dollars]
2001
214.6
207.5
214.3
221.3
197.6
191.4
103.3
95.7
95.7
7.2
.5
9.9
199.4
99.8
200.9
94.3
99.7
7.6
.6
106.6
8.0
.6
10.3
Line
Farm output
1998
1999
2000
2001
1
238.5
244.1
249.2
246.1
219.8
121.5
98.3
226.2
125.2
101.1
233.4
130.9
102.9
224.4
122.9
101.3
6.0
.5
9.9
1.6
1.8
-.3
11.8
-2.0
-1.4
10.6
-2.5
-2.2
-.6
-.6
2.0
3.6
-.4
138.2
122.5
15.7
137.2
123.1
14.1
133.3
119.5
13.8
134.6
120.8
13.8
114.3
Less: Consumption of fixed capital
27.3
28.9
28.7
29.4
Equals: Gross farm product
2
3
4
5
6
7
8
9
10
11
12
13
14
100.3
108.1
120.5
Equals: Net farm product
53.3
46.3
49.2
51.2
Less: Consumption of fixed capital
15
26.7
27.7
27.0
27.3
Less: Indirect business tax and nontax liability
5.2
10.4
5.3
18.4
5.4
19.5
5.6
17.7
Equals: Net farm product
16
73.5
80.9
97.9
89.5
58.5
59.3
63.3
63.2
18.6
16.2
2.5
19.3
16.5
2.9
19.3
16.6
2.7
21.5
18.4
3.1
29.9
25.6
4.3
10.0
29.6
27.7
1.9
10.3
33.2
22.6
10.6
10.9
30.9
19.0
11.8
10.8
94.2
6.7
.5
Less: Intermediate goods and services purchased
Intermediate goods and services, other than rent..
Rent paid to nonoperator landlords
9.0
.9
-1.5
1.1
-.3
-.9
-.6
8.9
-2.2
-1.6
-.6
134.1
118.9
132.3
118.6
13.8
136.5
122.2
14.2
1.6
2.1
-.5
140.7
126.1
14.7
75.2
77.8
80.6
Less: Intermediate goods and services purchased
Intermediate goods and services, other than rent
Rent paid to nonoperator landlords
15.2
80.6
Equals: Gross tarm product
Plus: Subsidies to operators
Equals: Farm national income
Compensation of employees
Wage and salary accruals
Supplements to wages and salaries
Proprietors' income and corporate profits with
inventory valuation and capital consumption
adjustments
Proprietors' income
Corporate profits
Net interest
Table 8.12. Housing Sector Output, Gross Product, and National Income
[Billions of dollars]
Line
Housing output'
Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing
Less: Intermediate goods and services consumed
Equals: Gross housing product
1998
1999
2000
6.0
.5
[Billions of chained (1996) dollars]
Line
1998
1999
2000
876.4
920.3
976.0
819.0
625.0
194.0
6.7
114.5
711.3
869.2
666.4
202.8
7.2
116.9
759.5
912.7
704.9
207.8
7.6
116.3
804.0
968.1
751.0
217.1
8.0
138.4
837.6
705.6
535.6
170.0
5.6
753.6
576.3
177.4
5.9
145.4
77.8
797.8
831.1
642.3
Equals: Gross housing product
188.8
6.5
166.1
88.4
-111
Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing
Less: Consumption of fixed capital
664.7
504.2
160.5
125.8
132.2
132.7
671.4
Equals: Net housing product
544.0
478.7
494.5
-67.6
Equals: Net housing product
578.1
614.1
Less: Indirect business tax and nontax liability plus business
transfer payments
Plus: Subsidies less current surplus of government enterprises
130.5
24.1
135.7
23.7
140.7
23.8
146.0
24.3
Equals: Housing national income
471.8
502.2
534.6
549.8
9.6
10.0
10.9
11.3
20.6
19.7
18.5
18.1
121.0
130.7
128.1
118.9
4.4
316.2
4.1
337.6
4.1
373.1
4.0
397.5
615.5
182.2
6.3
152.5
81.8
-70.7
651.5
1. Equals personal consumption expenditures for housing less expenditures for other housing as shown in table 2.4.
5.9
.5
12.2
Table 8.13. Real Housing Sector Output, Real Gross Product, and Real
Net Product
825.8
133.1
71.9
-61.2
6.1
.5
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar 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.
2001
Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing
Less: Consumption of fixed capital
Capital consumption allowances
Less: Capital consumption adjustment..
Compensation of employees
Proprietors' income with inventory valuation and
capital consumption adjustments
Rental income of persons with capital consumption
adjustment
Corporate profits with inventory valuation and capital
consumption adjustments
Net interest
Cash receipts from farm marketings
Crops
Livestock
Farm housing
Farm products consumed on farms
Other farm income
Change in farm inventories
Crops
Livestock
Housing output1
Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing
Less: Intermediate goods and services consumed ....
2001
777.2
802.5
817.2
833.6
771.2
588.3
182.9
6.0
107.4
796.4
811.2
627.3
184.0
6.0
101.3
716.1
827.8
643.5
184.3
5.9
115.9
610.7
185.8
6.1
105.5
697.0
5.1
691.9
529.1
162.8
5.1
711.0
549.9
161.1
5.1
717.5
712.6
552.1
160.5
4.9
140.0
489.4
1. Equals personal consumption expenditures for housing less expenditures for other housing as shown in table 2.5.
NOTE. Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 currentdollar 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.
Supplemental Tables
116
Table 8.14. Consumption of Fixed Capital by Legal Form of Organization
[Billions of dollars]
August 2 0 0 2
Table 8.15. Capital Consumption Adjustment by Legal Form of
Organization and Type of Adjustment
[Billions of dollars]
1998
1999
2000
2001
1,072.0
1,145.2
1,228.9
1,329.3
884.3
947.3
1,018.0
1,106.8
Domestic corporate business
Financial
Nonfinancial
Sole proprietorships and partnerships
Farm
Nonfarm
620.2
97.0
665.5
109.3
556.2
117.8
26.3
721.1
789.1
136.3
652.8
129.8
Other private business
Rental income of persons
Nonfarm housing
Owner-occupied
Tenant-occupied
Farms owned by nonoperator landlords
Nonfarm nonresidential properties
Fixed assets owned and used by nonprofit
institutions serving individuals
Proprietors' income
153.3
116.0
114.9
91.5
164.0
127.3
126.1
97.6
17.3
.1
Line
Consumption of fixed capital
Private
523.1
110.9
25.0
85.9
1.0
Government
General government
Federal
State and local
Government enterprises
Federal
State and local
Addenda:
Nonfarm business
Nonfarm business less housing
121.7
599.4
123.9
107.8
131.8
112.7
26.8
102.9
188.0
145.7
144.3
124.1
18.3
.1
1.1
19.1
.1
1.1
20.2
.2
1.2
26.1
97.8
173.0
133.1
34.9
2.3
187.6
34.4
2.3
197.9
37.4
2.5
210.9
39.7
2.6
222.4
160.1
83.3
76.8
27.6
4.9
111
168.6
86.1
82.6
29.3
5.4
23.8
179.5
89.9
89.5
31.5
6.0
25.5
187.7
92.3
95.4
34.8
6.5
28.3
884.6
755.2
947.6
806.2
1,020.8
872.5
1,112.2
950.5
Line
1998
21.3
Capital consumption adjustment'
For consistent accounting at
For current-cost valuation
Domestic corporate business
For consistent accountjng at
For current-cost valuation
Financial
For consistent accounting at
For current-cost valuation
Nonfinancial
For consistent accounting at
For current-cost valuation
historical cost
162.8
-141.5
38.0
96.0
-58.0
historical cost
historical cost
historical cost
Sole proprietorships and partnerships
Nonfarm
For consistent accounting at historical cost
For current-cost valuation
Other private business >
Rental income of persons
Nonfarm housing
Owner-occupied
Tenant-occupied
Farms owned by nonoperator landlords
Nonfarm nonresidential properties
Fixed assets owned and used by nonprofit institutions
serving individuals
Proprietors'income
2000
38.3
19.1
181.2
170.9
-151.8
-142.9
47.9
102.0
-54.1
20.8
79.8
-59.1
-18.1
2001
231.4
-169.8
56.5
125.9
-69.4
-17.1
-16.5
-.6
73.6
142.4
-68.8
-14.0
-14.7
.7
52.0
110.7
-58.7
-14.7
-15.6
.9
42.5
-7.5
50.0
66.7
-16.7
54.5
-8.0
62.6
79.2
-16.6
65.6
-7.6
73.2
91.1
-17.9
-7.7
86.8
105.5
-18.7
-59.2
-51.3
-42.2
-64.1
-57.6
-57.2
-47.6
-67.2
-60.0
-59.6
-49.4
-74.1
-66.5
-66.1
-55.3
-9.1
-9.6
-.1
-.3
-.1
-.3
-10.2
-.1
-.3
-10.7
-.1
-.3
-6.9
-.6
-5.9
-.6
-6.6
-.6
-7.0
-.6
25.8
68.6
-51.7
Addendum:
Capital consumption adjustment for national income
(4+13+19+26)
1999
62.6
117.6
-55.0
28.2
-17.6
-.5
38.8
97.4
-58.6
79.2
1. Except for farm proprietorships and partnerships (line 14) and other private businesss ((line 18), the capital consumption adjustment is calculated in two parts. The adjustment for consistent accounting at histo
p
istorical cost converts depreciation, based on the service lives and depreciation schedules employed by firms when filing their income tax returns, to
consistent service lives and empirically based depreciation schedules. The adjustment for current-cost valuation converts
the historical-cost series with consistent accounting to a series valued at current cost. For farm proprietorships and partnerships and for other private business, the historical-cost series is based on consistent service lives and empirically based
depreciation schedules, so the adjustment reflects only a conversion to current-cost valuation.
Table 8.16. Business Transfer Payments by Type
Table 8.17. Supplements to Wages and Salaries by Type
[Billions of dollars]
[Billions of dollars]
Line
Business transfer payments
Insurance payments to persons by business
Automobile insurance
Medical malpractice insurance
Donations by corporate business to nonprofit
institutions serving individuals
Other1
Payments to the rest of the world2
1998
1999
2000
38.0
41.5
43.7
42.5
2
3
4
5
28.8
15.7
12.7
3.0
31.3
16.4
12.8
3.6
33.0
17.9
13.8
4.1
33.4
19.1
14.3
4.7
6
7
8
8.7
4.4
9.2
10.7
4.2
10.2
10.7
4.5
10.6
9.5
48
1. Consists largely of cash prizes from business and losses by business due to fraud and unrecovered thefts.
2. Consists of income taxes paid by domestic business to foreign governments on income earned abroad.
2001
1
9.1
Line
1998
Employer contributions for social insurance (3.6;2)
Other labor income (6.11;1)
1999
2000
2001
833.2
887.1
924.3
306.9
490.6
323.0
510.2
342.9
544.2
353.9
570.4
387.0
205.6
39.1
26.3
2.8
401.4
218.7
40.1
26.6
2.8
433.3
242.9
42.3
1.0
43.2
69.0
.9
420.3
233.4
41.1
28.2
2.8
.8
40.1
73.8
374.6
67.1
397.2
68.7
1.1
.0
306.4
1.1
.0
327.4
12.4
.0
Supplements to wages and salaries
By type
Pension, profit-sharing, and other retirement benefit
plans'
Old-age, survivors, and disability insurance (3.6;5)
Federal civilian employee retirement (6.11 ;24)
Federal military employee retirement (6.11 ;25)
Railroad retirement (3.6;12)
Pension benefit guaranty (3.6;13)
State and local employee retirement (6.11 ;26)
Private pension and profit-sharing (6.11 ;22)
Health insurance
Federal hospital insurance (3.6;6)
Military medical insurance (3.6;16)
Temporary disability insurance (3.6;18)
Private group health insurance (6.11 ;29) :
320.1
58.2
1.1
.0
260.8
42.6
69.7
343.4
62.2
1.1
.0
280.1
29.4
2.9
.9
39.2
75.9
Life insurance
Veterans life insurance (3.6;14)
Private group life insurance (6.11 ;30) :
11.5
.0
11.4
11.7
.0
11.7
12.4
12.3
.0
12.3
Workers' compensation
Federal (3.6;15)
State and local (3.6;19)
Private insurance (6.11;31)2
46.5
2.0
8.6
35.9
44.8
2.0
7.9
34.8
47.0
2.2
7.3
37.5
48.7
2.2
7.2
39.2
Unemployment insurance
State unemployment insurance (3.6;8)
Federal unemployment tax (3.6;9)
Railroad employees unemployment insurance
29.8
20.4
6.7
29.1
19.9
6.8
30.0
20.6
7.1
29.9
20.3
7.1
.1
.4
2.1
.1
.4
1.9
.1
.4
1.8
.1
.5
1.9
2.7
2.8
2.8
2.9
(3.6;10)
Federal employees unemployment insurance (3.6;11)
Private supplemental unemployment (6.11 ;32)
Other (6.11:33)'
1. Employer contributions to privately administered programs and to publicly administered government employee retirement plans are classified as other labor income. Employer contributions to other publicly administered programs are classified as employer contributions for social insurance.
2. Government contributions to privately administered health, life, and workers' compensation insurance for government employees are classified as other labor income.
3. Consists of judicial fees paid to jurors and to witnesses, compensation of prison inmates, and marriage fees paid to
justices of the peace.
NOTE. The numbers in parentheses indicate the tables and line numbers from which the entries in this table are derived.
August 2002
117
SURVEY OF CURRENT BUSINESS
Table 8.20. Interest Paid and Received by Sector and Legal Form of
Organization
Table 8.18. Rental Income of Persons by Type
[Billions of dollars]
[Billions of dollars]
Line
Rental income of persons
Rental income
Nonfarm housing
Line
190.3
206.8
206.6
204.4
180.4
195.8
192.6
172.5
188.0
137.8
127.4
194.9
187.6
141.6
130.1
11.4
122.6
112.6
10.0
Owner-occupied
Permanent site
Manufactured homes
2001
2000
1999
1998
184.9
139.6
Tenant-occupied (permanent site)
49.9
Farms owned by nonoperator landlords
6.4
10.4
50.1
6.4
Nonfarm nonresidential properties2
1.5
1.4
.6
125.9
13.7
45.4
6.8
.9
9.9
11.0
11.7
11.7
Royalties
46.1
6.6
1. Rental income of owner-occupied farm housing is included in farm income as shown in table 8.10.
2. Includes rental income of private noninsured pension plans.
[Billions of dollars]
Line
1999
1998
2000
2001
510.2
503.8
553.6
564.1
Domestic corporate business'
429.8
424.1
473.2
496.4
Financial
Nonfinancial
Rest of the world :
126.3
152.9
161.6
303.5
125.3
298.7
320.3
334.8
80.4
79.8
80.4
67.6
510.2
503.8
553.6
564.1
124.5
65.0
123.7
113.3
59.5
51.0
60.6
56.4
53.8
41.1
.4
.4
.4
375.7
409.2
Dividends received
Domestic corporate business:
120.7
59.4
Financial
Nonfinancial
61.3
Rest of the world'
40.9
Government
Persons-1
Publicly administered government employee retirement
plans
Other
Addenda:
Net corporate dividend payments (16+17)
Domestic corporate business (2-7)
Rest of the world (5-10)
Personal dividend income (15—11)
.4
348.3
328.0
63.1
56.9
22.4
325.9
23.5
304.6
22.9
352.8
22.8
386.4
348.7
309.2
39.5
348.3
328.4
299.6
28.8
328.0
376.1
349.5
26.6
375.7
409.6
383.1
26.5
409.2
1. Remitted earnings to foreign residents from their unincorporated U.S. affiliates are treated as dividends paid by
domestic corporate business (line 2) and as dividends received by the rest of the world (line 10).
2. Earnings of U.S. residents remitted by their unincorporated foreign affiliates are treated as dividends paid by the rest
of the world (line 5) and as dividends received by domestic corporate business (line 7).
3. Dividends received by insured private pension plans are included in dividends received by financial corporate business (line 8), and in imputed interest received by persons, table 8.20 (line 53).
Domestic business'
Corporate business
Financial
On deposits2
On other liabilities
Nonfinancial
Sole proprietorships and partnerships
Farm
Nonfarm
Other private business
Rental income of persons
Nonprofit institutions serving individuals
Proprietors' income
Persons
Government
Federal
State and local
Rest of the world
To business and persons
To Federal Government
Table 8.19. Dividends Paid and Received by Sector
Dividends paid
Monetary interest paid
Monetary interest received
Domestic business'
Corporate business
Financial
Nonfinancial
Financial sole proprietorships and partnerships3
Other private business
Persons3
Publicly administered government employee retirement
plans
Other
Government
State and local .
Rest of the world .
From business
From Federal Government....
Imputed interest paid
Domestic corporate business (financial)
Banks, credit agencies, and investment companies
Life insurance carriers
Imputed interest received
Domestic business'
Corporate business
Financial
Nonfinancial
Sole proprietorships and partnerships
Farm
Nonfarm
Other private business
Persons .
From banks, credit agencies, and investment companies
From life insurance carriers
Government
Federal
State and local
Rest of the world
Addenda:
Net interest (59+63)
Domestic business (2+39-23-43)
Corporate (3+39-24-44)
Sole proprietorships and partnerships (8-27-47)
Other private business (11-28-50)
Rest of the world (19-35-57)
Net interest paid by government (16-32-54)
Interest paid by persons (15)
Personal interest income (58+64+65) or (29+51)
1998
1999
2000
2001
2,284.8
1,599.9
2,367.7
2,773.5
2,639.2
1,689.1
1,170.5
720.3
141.7
578.6
450.2
171.6
10.0
2,027.4
1,439.1
1,950.6
1,105.4
694.8
145.9
919.7
173.2
746.4
809.3
548.9
410.6
167.9
10.3
157.7
326.6
161.5
347.1
329.5
519.4
206.8
10.5
196.3
1,336.5
160.5
648.9
527.2
209.4
10.2
199.2
404.6
386.7
179.5
381.5
363.7
16.6
1.2
205.4
16.7
1.2
205.4
372.2
296.8
75.4
138.9
135.7
3.2
360.0
281.3
78.7
139.1
136.2
2.9
363.6
282.2
81.4
177.2
173.6
3.6
341.1
257.8
83.3
142.1
138.9
3.2
2,284.8
2,367.7
1,408.4
1,363.2
1,456.5
309.3
16.0
1.2
173.7
16.4
1.2
1,136.2
227.0
45.1
.0
571.5
1,208.3
248.2
54.6
.0
2,773.5
1,791.8
1,713.3
1,426.7
286.6
78.5
.0
555.3
619.9
2,639.2
1,668.3
1,613.2
1,332.5
280.7
55.0
.0
630.4
118.5
453.0
83.8
17.0
66.8
120.6
434.6
86.4
121.8
498.2
115.8
514.6
94.0
J21.1
129.9
91.1
495.5
495.5
323.8
171.7
495.5
214.9
140.3
74.5
516.7
91.5
17.9
73.7
270.2
187.2
83.0
574.8
516.7
336.5
180.2
516.7
375.9
198.9
574.8
574.5
373.2
201.3
574.5
74.5
55.7
9.9
45.8
18.6
1.7
17.0
.2
76.3
56.0
10.1
45.9
20.0
1.5
18.6
.2
84.8
60.8
10.8
50.0
23.8
1.4
22.3
.2
84.3
61.6
11.9
49.6
22.6
1.3
21.3
.2
392.9
221.2
414.0
233.8
180.2
460.8
649.8
772.5
236.3
131.8
404.4
-122.6
236.0
205.4
1,091.3
1,511.2
16.1
70.3
574.8
18.5
9.1
16.0
457.0
258.1
198.9
11.9
1.4
10.5
21.1
511.9
612.5
182.0
104.2
326.3
-100.7
278.8
173.7
964.4
526.6
618.4
174.7
96.9
346.8
-91.7
263.1
179.5
969.2
611.5
725.5
239.7
104.5
381.3
-114.1
260.1
205.4
1,077.0
171.7
9.6
1.4
8.2
10.5
1.4
18.4
75.6
246.5
165.8
80.7
574.5
259.5
201.3
11.1
1.4
9.7
18.3
1. Excludes interest paid or received by government enterprises, which is included in the government sector.
2. Consists of interest paid on the deposit liabilities of commercial and mutual savings banks, savings and loan associations, and credit unions.
3. Interest received by nonfinancial sole proprietorships and partnerships is considered interest received by persons and
is included in line 29.
NOTE. In this table, imputed interest paid (line 38) is the difference between the property income received by financial
intermediaries from the investment of depositors' or beneficiaries' funds and the interest paid by them to business,
persons, governments, and the rest of the world. In table 8.21, imputed interest (line 155)—the interest component of
imputations that affect gross national product—consists of the imputed interest paid by financial intermediaries other than
life insurance carriers to persons and government and of the interest paid on owner-occupied housing and on buildings
and equipment owned and used by nonprofit institutions serving individuals.
August 2 0 0 2
Supplemental Tables
118
Table 8.21. Imputations in the National Income and Product Accounts
[Billions of dollars]
Line
1998
1999
2000
2001
8,778.1
9,297.1
9,848.0
10,104.1
Gross national product
Gross national product
Imputations (112-115+130+135+136+
139+143+144+145+146+147+151+153)
Excluding imputations (1-2)
1
1,280.9
7,497.2
1,364.0
7,933.1
1,471.6
8,376.4
1,531.2
8,572.9
5,856.0
6,246.5
6,683.7
6,987.0
6
731.4
5,124.7
845.3
5,838.4
875.3
6,111.7
7
8
9
10
11
12
1,538.7
376.8
1,162.0
-155.2
.0
-155.2
774.2
5,472.3
1,636.7
407.6
1,229.1
-227.2
.0
-227.2
1,755.4
431.7
1,323.6
-342.1
.0
-342.1
1,586.0
453.9
1,132.1
Exports of goods and services and income receipts
Imputations (138)
Excluding imputations (13-14)
13
14
15
Imports of goods and services and income payments
Imputations (138)
Excluding imputations (16-17)
16
17
18
19
20
21
1,251.1
18.5
1,232.6
1,406.2
18.5
1,387.7
1,306.2
16.0
1,290.2
1,533.4
16.0
1,517.4
1,351.1
18.3
1,332.8
1,678.0
18.3
1,659.7
1,538.5
172.8
1,365.7
1,641.0
182.2
1,458.8
1,484.5
21.1
1,463.5
1,826.6
21.1
1,805.5
1,751.0
194.5
1,556.5
Personal consumption expenditures
Imputations (112-115-149-150+130+
135+139+143+144+145+146)
Excluding imputations (4-5)
Gross private domestic investment
Imputations (149+150+151)
Excluding imputations (7-8)
Net exports of goods and services and income
Imputations (14-17)
Excluding imputations (10-11)
Government consumption expenditures and gross investment
Imputations (136+147+153)
Excluding imputations (19-20)
2
3
4
5
-326.9
.0
-326.9
Line
1998
1999
2000
2001
Imputations (143+144+145)
Excluding imputations (55-56)
11.0
4,181.8
11.4
4,459.1
11.8
4,824.6
12.0
4,938.6
Other labor income
Imputations (146)
Excluding imputations (58-59)
490.6
272.3
218.3
510.2
291.8
218.4
544.2
318.8
225.4
570.4
339.6
230.7
Proprietors' income with inventory valuation and capital
consumption adjustments
Imputations (128+139+151)
Excluding imputations (61-62)
623.8
7.7
616.1
678.4
8.1
670.3
714.8
8.6
706.2
727.9
8.7
719.2
Rental income of persons with capital consumption
adjustment
Imputations (129)
Excluding imputations (64-65)
138.6
80.4
58.2
149.1
90.2
58.9
146.6
92.2
54.5
137.9
84.2
53.6
Personal interest income
Imputations (135)
Excluding imputations (67-68)
964.4
221.2
743.3
969.2
233.8
735.4
1,077.0
258.1
818.9
1,091.3
259.5
831.7
Transfer payments to persons
Imputations (-124) ....
Excluding imputations (70-71)
983.7
.0
1,018.5
.0
1,018.5
1,070.3
.0
1,070.3
1,170.4
.0
1,170.4
1,292.1
-107.7
1,399.8
983.8
Personal tax and nontax payments
Imputations (-121-132).
Excluding imputations (73-74)
1,070.4
1,166.7
1,159.1
-100.0
1,259.2
1,286.4
-103.7
1,390.1
Disposable personal income
Imputations (53-74)
Excluding imputations (76-77)
6,355.6
688.9
5,666.7
6,627.4
735.3
5,892.1
7,120.2
7,393.2
793.1
6,327.0
811.7
6,581.5
Personal outlays
Imputations (83+86)
Excluding imputations (79-80)
6,054.1
6,453.3
473.6
5,979.7
6,918.6
448.2
5,605.9
6,403.1
7,223.5
525.9
6,697.6
Personal consumption expenditures
Imputations (5)
Excluding imputations (82-83)
5,856.0
731.4
5,124.7
6,246.5
774.2
5,472.3
6,683.7
845.3
5,838.4
6,987.0
875.3
6,111.7
Interest paid by persons .
Imputations (-118-131)
Excluding imputations (85-86)
173.7
-283.2
456.9
179.5
-300.6
480.0
205.4
-329.9
535.2
205.4
-349.4
554.8
301.5
240.7
60.8
174.0
261.7
-87.6
201.5
277.7
-76.1
169.7
285.8
-116.0
Government current receipts
Imputations (147)
Excluding imputations (91-92)
2,613.8
3.1
2,610.7
2,780.3
3.0
2,777.3
3,000.6
3.1
2,997.5
2,992.3
Government current expenditures
Imputations (147+153-154)
Excluding imputations (94-95)
2,529.3
-113.9
2,643.3
2,630.1
-133.0
2,763.1
2,775.8
-137.2
2,913.0
2,951.6
-144.9
3,096.5
84.5
117.0
-32.5
150.2
136.0
14.2
224.8
140.3
84.5
40.7
148.2
-107.5
1,616.2
376.8
1,239.4
1,665.4
407.6
1,257.8
1,679.4
1,545.1
431.7
1,247.7
453.9
1,091.2
Government consumption expenditures
Imputations (136+147+153-154)
Excluding imputations (22-23)
22
23
24
1,261.4
-104.4
1,365.7
1,336.3
-122.5
1,458.8
1,431.2
-125.3
1,556.5
1,858.0
202.0
1,656.0
1,522.2
-133.8
1,656.0
Gross government investment
Imputations (154)
Excluding imputations (25-26)
25
26
27
277.1
277.1
.0
304.7
304.7
.0
319.8
319.8
.0
335.8
335.8
.0
28
8,809.1
9,335.8
9,976.5
10,221.4
29
30
1,280.9
7,528.2
1,364.0
7,971.8
1,471.6
8,504.9
1,531.2
8,690.1
Compensation of employees
Imputations (142)
Excluding imputations (31-32)
31
32
33
4,989.6
286.4
4,703.2
5,308.8
306.2
5,002.6
5,723.4
333.7
5,389.7
5,874.9
354.8
5,520.0
Proprietors' income with inventory valuation and capital
consumption adjustments
Imputations (128+139+151)
Excluding imputations (34-35)
34
35
36
623.8
7.7
616.1
678.4
8.1
670.3
714.8
8.6
706.2
727.9
8.7
719.2
Rental income of persons with capital consumption
adjustment
Imputations (129)
Excluding imputations (37-38)
37
38
39
138.6
80.4
58.2
149.1
90.2
58.9
146.6
92.2
54.5
137.9
84.2
53.6
Net interest
Imputations (155)
Excluding imputations (40-41)
40
41
42
511.9
514.0
-2.1
526.6
544.9
-18.3
611.5
599.9
11.6
649.8
620.0
29.9
Indirect business tax and nontax liability
Imputations (122+123+132)
Excluding imputations (43-44)
43
44
45
681.3
96.3
585.0
712.9
100.0
612.9
753.6
103.7
649.8
774.8
107.7
667.1
Less: Subsidies less current surplus of government
enterprises
Imputations (124)
Excluding imputations (46-47)
46
47
48
23.5
.0
23.5
32.5
.0
32.5
34.1
.0
34.1
Consumption of fixed capital
Imputations (125+133+153)
Excluding imputations (49-50)
49
50
51
1,072.0
296.1
775.8
1,145.2
314.6
830.6
1,228.9
333.6
895.3
1,329.3
355.8
973.5
Personal saving
Imputations (148-125-133)
Excluding imputations (103-104)
301.5
240.7
174.0
261.7
-87.6
201.5
277.7
-76.1
169.7
285.8
-116.0
52
7,426.0
7,786.5
8,406.6
8,685.3
Consumption of fixed capital
Imputations (125+133+153)
Excluding imputations (106-107)
1,072.0
296.1
775.8
1,145.2
314.6
830.6
1,228.9
333.6
895.3
1,329.3
355.8
973.5
53
54
55
592.6
6,833.4
4,192.8
635.2
7,151.3
4,470.4
689.4
7,717.2
4,836.3
704.0
7,981.3
4,950.6
Government current surplus or deficit
Imputations (154-153)
Excluding imputations (109-110)
84.5
117.0
-32.5
150.2
136.0
14.2
224.8
140.3
84.5
40.7
148.2
-107.5
Gross national income
Gross national income
Imputations (112-115+130+135+136+
139+142+151+153)
Excluding imputations (28-29)
See footnotes and note at the end of the table.
515.5
Government current receipts, expenditures, and surplus or
deficit
Government current surplus or deficit
Imputations (154-153)
Excluding imputations (97-98)
3.2
2,989.1
Gross saving or gross investment
47.3 Gross investment, or gross saving and statistical discrepancy
Imputations (148+154)
.0
Excluding imputations (100-101)
47.2
Personal income, outlays, and saving
Personal income
Imputations (128+129-124+135+139+
143+144+145+146+151) ..
Excluding imputations (52-53)
Wage and salary disbursements
Personal saving
Imputations (149+150+151-125-133)
Excluding imputations (88-89)
-96.3
August 2002
119
SURVEY OF CURRENT BUSINESS
Table 8.21. Imputations in the National Income and Product Accounts—Continued
[Billions of dollars]
Line
1998
1999
2000
Owner-occupied housing:
Space rent
Nonfarm
Farm
Intermediate inputs
Nonfarm
Farm
Net interest
Nonfarm
Farm
Indirect business tax and nontax liability
Nontarm
Farm
Subsidies (nonfarm)
Consumption of fixed capital
Nonfarm
Farm
Proprietors' income with inventory valuation and capital
consumption adjustments (114-117-120-123-127)
Rental income of persons with capital consumption
adjustment (113-116-119-122+124-126)
Rental value of nonresidential fixed assets owned and used by
nonprofit institutions serving individuals'
Net interest (interest paid)
Indirect business tax and nontax liability
Consumption of fixed capital
Services furnished without payment by financial
intermediaries except life insurance carriers (imputed
interest received)
Persons2
Government
Business
Rest of the world 3
Farm products consumed on farms
Output
Less: Intermediate inputs
Employment-related imputations
Food furnished
to employees, including military and domestic
service4
....
Standard clothing issued
to military personnel4
Employees' lodping4
Employer contributions for health and life insurance *
Contributions for social insurance for
Federal Government
employees for certain programs6
Private investment-related imputations
Owner-occupied residential structures7
Nonresidential fixed investment
by nonprofit institutions
serving individuals8
Margins on owner-built housing
Government investment-related imputations
General government consumption
of fixed capital9
Gross government investment)0
631.4
625.0
6.4
90.4
89.4
1.0
267.2
266.6
.6
92.0
91.1
.9
.0
101.1
97.6
3.5
.3
80.4
55.2
16.0
4.3
34.9
673.3
666.4
6.8
91.4
90.2
1.2
284.2
283.6
.6
95.6
94.7
.9
.0
111.6
107.8
712.1
704.9
7.2
90.7
89.4
1.3
313.2
312.6
.7
99.1
98.2
.9
.0
116.7
112.7
3.8
4.0
.3
.3
90.2
55.2
16.4
4.4
34.4
92.2
58.7
16.6
4.6
37.4
336.5
233.8
10.5
76.3
16.0
323.8
221.2
9.6
74.5
18.5
.2
.5
.3
286.4
.5
.3
306.2
375.9
258.1
11.9
84.8
21.1
.2
.6
.4
333.7
10.3
.3
.4
272.3
10.7
.3
.4
291.8
10.9
.3
.5
318.8
3.1
376.8
308.6
3.0
407.6
339.0
3.1
431.7
60.9
7.3
61.0
7.7
67.0
356.6
758.5 Interest-related imputations:
751.0
7.6
Net interest (118+131+134-137-138)
110.0
Monetary interest paid by persons
108.7
Owner-occupied housing (118)
1.4
Interest paid by nonprofit institutions serving
332.7
individuals (131)
332.1
Imputed interest paid by banks, credit agencies, and
.7
investment companies (134)
102.9
Less: Imputed interest received
101.9
By business (137)
1.0
By the rest of the world (138)
.0
Interest paid by persons
128.4
Owner-occupied
housing (-118)
124.1
Interest paid by nonprofit institutions serving individuals
4.3
.3
84.2
Personal interest income (134-136-137-138)
Net interest (118+131+134-137-138)
Imputed interest received by government (-136)
Interest paid by persons (-118-131)
61.2
Selected aggregates
16.7
4.8
39.7 Gross domestic product
Imputations
Owner-occupied housing (113-116+114-117)
Rental value of nonresidential fixed assets owned and used
373.2
by nonprofit institutions serving individuals
173
(131+132+133)
259.5
Services furnished without payment by financial
11.1
intermediaries except life insurance carriers
84.3
(135+136+138)
18.3
Employment-related imputations (142)
.2
Farm products consumed on farms (139)
Margins on owner-built housing (151)
.6
Consumption of general government fixed capital (153)....
.4
Excluding imputations (170-171)
354.8
Personal income
Imputations
11.2
Food furnished to employees, including military and
domestic service (143)
.5
Standard clothing issued to military personnel (144)
339.6
Employees' lodging (145)
Employer contributions for health and life insurance (146)
3.2
Owner-occupied farm housing (128)
Farm products consumed on farms (139)
453.9
Margins on owner-built housing (151)
377.6
Owner-occupied nonfarm housing (12JM24)
Services furnished without payment by financial
68.1
intermediaries except life insurance carriers (135)
8.2
Excluding imputations (180-181)
1. Residential dwellings owned and used by nonprofit institutions serving individuals are included in owner-occupied
housing categories.
2. Includes services furnished without payment by financial intermediaries except life insurance carriers to government
employee retirement plans.
3. Classified as a service in exports of goods, services, and income receipts and as an income payment in imports of
goods, services, and income payments.
4. For general government employees, recorded as compensation of employees (wages and salaries) and as a sale;
government consumption expenditures is not affected. Similar payments for employees of government enterprises are
not included in government consumption expenditures; they are deducted in the calculation of the surplus of government
enterprises.
5. Health insurance premiums paid by employers are included in the calculation of the "health insurance" category of
personal consumption expenditures (PCE); life insurance premiums paid by employers are included in the calculation of
the "expenses of handling life insurance and pension plans" category of PCE.
6. Consists of the programs for which a social insurance fund is imputed, and for which contributions are set equal to
benefits paid. These payments are funded directly out of the current budget. The specific programs consist of workers'
compensation, unemployment insurance, and medical services for the dependents of active duty military personnel at
nonmilitary facilities. Source data are not available for the corresponding treatment for similar State and local government
programs. Similar payments for employees of government enterprises are not included in government consumption
expenditures; they are deducted in the calculation of the surplus of government enterprises.
Line
2001
Specific imputations
1998
1999
2000
2001
437.2
160.1
277.1
473.3
168.6
304.7
499.3
179.5
319.8
523.5
187.7
335.8
514.0
283.2
267.2
544.9
300.6
284.2
599.9
329.9
313.2
620.0
349.4
332.7
16.0
16.4
16.6
16.7
323.8
93.0
74.5
18.5
-283.2
-267.2
336.5
92.2
76.3
16.0
-300.6
-284.2
375.9
105.9
-329.9
-313.2
373.2
102.6
84.3
18.3
-349.4
-332.7
-16.0
221.2
514.0
-9.6
-283.2
-16.4
233.8
544.9
-10.5
-300.6
-16.6
258.1
599.9
-11.9
-329.9
-16.7
259.5
620.0
-11.1
-349.4
8,781.5
1,299.4
541.0
9,274.3
1,380.0
581.9
9,824.6
1,492.7
621.5
10,082.2
1,549.5
648.5
55.2
55.2
58.7
61.2
249.3
286.4
.2
7.3
160.1
7,482.1
260.3
306.2
.2
7.7
168.6
7,894.4
291.1
333.7
.2
8.1
179.5
8,331.9
288.9
354.8
.2
8.2
187.7
8,532.6
7,426.0
592.6
7,786.5
635.2
8,406.6
689.4
8,685.3
704.0
10.3
.3
.4
272.3
.3
10.9
.3
.5
318.8
11.2
.3
.5
339.6
7^3
80.4
10.7
.3
.4
291.8
.3
.2
7.7
90.2
8ii
92.1
.2
8.2
84.2
221.2
6,833.4
233.8
7,151.3
258.1
7,717.2
259.5
7,981.3
7. Consists of owner-occupant purchases of new single-family dwellings, including manufactured homes, expenditures on improvements, and payments of commissions on new and existing residential dwellings, less sales of dwellings
to government. The series is calculated from the investment data prepared as part of BEA's capital stock estimates. It
differs from the investment data shown in table 5.6 because the series shown in that table reflect total purchases by
private business.
8. Excludes investment by nonprofit institutions serving individuals in residential properties, which is included in
owner-occupant investment (see footnote 1) and in sales of existing structures to governments. The series is calculated
from the investment data prepared as part of BEA's capital stock estimates. It differs from the investment data shown in
table 5.6 because the series shown in that table reflect total purchases by private business.
9. The consumption of fixed capital (CFC) of government enterprises is not included in government consumption
expenditures; it is deducted in the calculation of the current surplus of government enterprises and is recorded as part of
total government CFC.
10. Includes gross investment of government enterprises.
NOTE. "Imputations" are transactions recorded in the national income and product accounts that are not transactions of
the market economy. In this table, the imputations shown in the "specific imputations" section are those that affect gross
national product (GNP). In table 8.20, imputed interest paid by life insurance carriers (line 41) consists of the property
incomes earned on life insurance and pension reserves. These incomes are considered to be incomes received by
persons and not by the insurance carriers; this ^classification is not considered an imputation for purposes of table 8.21,
because it does not affect GNP.
Supplemental Tables
120
August 2 0 0 2
Table 8.22. 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)
Table 8.23. 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)
[Billions of dollars]
[Billions of dollars]
Line
1998
2000
1999
2001
Corporations
Depreciation and amortization, IRS
Less: Depreciation of assets of foreign branches
Depreciation or amortization of intangible assets'
Other'
Plus: Accidental damage to fixed capital other than repairable
damage
Depreciation of computer software not in IRS
depreciation
Depreciation of mining exploration, shafts, and wells
charged to current expense
Depreciation of motor vehicles not in IRS depreciation3
Depreciation of railroad track charged to current
expense4
Other5
1
2
3
/I
1.8
i".6
Equals: Capital consumption allowances, NIPA's
11
658.1
713.3
741.9
Less: Capital consumption adjustment
12
38.0
47.9
20.8
56.5
Equals: Consumption of fixed capital, NIPA's
13
620.2
665.5
721.1
789.1
Depreciation and amortization, IRS
14
144.1
163.4
181.8
Less: Depreciation or amortization of intangible assets'
Adjustment for misreporting on income tax returns
Other6
Plus: Accidental damage to fixed capital other than repairable
damage
Depreciation of computer software not in IRS
depreciation
Depreciation of mining exploration, shafts, and wells
charged to current expense
Depreciation of motor vehicles not in IRS depreciation3
15
16
17
6.0
11.2
.8
6.5
13.0
.8
7.3
14.6
.9
Equals: Capital consumption allowances, NIPA's
22
Less: Capital consumption adjustment
23
50.0
62.6
73.2
86.8
Equals: Consumption of fixed capital, NIPA's
?4
85.9
91.5
97.8
102.9
628.6
3.2
48.0
20 7
678.0
2.8
56.1
21 7
42
53
6
77.7
91.0
7
8
12.2
5.6
12.3
5.6
9
m
Line
Net profit (less loss) of nonfarm proprietorships and
partnerships, plus payments to partners, IRS
Plus: Adjustments for misreporting on income tax returns .
Posttabulation amendments and revisions'
Depletion on domestic minerals
Adjustment to depreciate expenditures for mining
exploration, shafts, and wells
Bad debt expense
Income received by fiduciaries
Income of tax-exempt cooperatives
Equals: Nonfarm proprietors' income, NIPA's
1998
1999
2000
335.6
369.9
392.2
252.4
-57.8
.7
278.5
-74.5
303.5
-89.0
3.5
8.3
1.2
3.7
547.6
.7
9.5
1.3
3.3
589.6
-2.0
10.8
2001
1.1
1.3
3.3
621.2
621.6
1. Consists largely of an adjustment to expense all meals and entertainment, of oilwell bonus payments written off, of
adjustments for corporate partners and statutory employees, of interest income, and of margins on owner-built housing.
845.6
Nonfarm sole proprietorships and partnerships
18
.6
.7
.7
19
6.2
6.9
7.7
20
21
2.7
.5
136.0
2.9
.5
154.0
3.0
.5
171.0
Table 8.25. 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)
[Billions of dollars]
Line
189.7
1. Consists of intangible assets that the IRS allows to be amortized.
2. Consists of depreciation or amortization of the following items: Breeding, dairy, and work animals; motion picture
films; rental videocassettes; and rental clothing.
3. Consists of depreciation of employees' motor vehicles reimbursed by business and depreciation of business motor
vehicles charged to current expense.
4. Beginning with 1981, included in IRS depreciation (line 1).
5. Consists of depreciation of assets owned by Federal Reserve banks, Federally sponsored credit agencies, credit
unions, and nonprofit institutions serving business; depreciation of interest paid by public utilities for own-account investment prior to 1987 (beginning with 1987, included in line 1).
6. Consists of depreciation or amortization of rental videocassettes and rental clothing.
Table 8.24. 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)
[Billions of dollars]
Line
1998
1999
2000
2001
Net farm income, USDA
1
42.9
44.3
46.5
45.6
Plus: Depreciation and other consumption of farm capital, USDA
Farm housing, NIPA's
Monetary interest received by farm corporations
Valuation adjustment, Commodity Credit Corporation loans
Less: Consumption of fixed capital, NIPA's
Gross rental value of farm housing, USDA
Patronage dividends received from cooperatives
Other"..
.
2
3
4
5
6
7
8
9
18.2
18.4
18.7
19.0
6.7
.8
.0
7.2
.8
-.1
7.6
.9
.4
8.0
.9
-.3
27.3
28.9
10.4
28.7
10.4
29.4
10.5
.6
1.1
.6
1.3
.6
1.9
Equals: Farm proprietors' income and corporate profits with
inventory valuation and capital consumption adjustments
Proprietors' income
Corporate profits
10
11
12
29.9
25.6
29.6
27.7
4.3
1.9
33.2
22.6
10.6
30.9
19.0
11.8
9.8
.6
1.0
Plus: Adjustment for misreporting on income tax returns
Posttabulation amendments and revisions'
Income of organizations not filing corporation income
tax returns
Federal Reserve banks
Federally sponsored credit agencies2
Other3
Depletion on domestic minerals
Adjustment to depreciate expenditures for mining
exploration, shafts, and wells
State and local corporate profits tax accruals
Interest payments of regulated investment companies
Bad debt expense
Less: Tax-return measures of:
Gains, net of losses, from sale of property
Dividends received from domestic corporations
Income on equities in foreign corporations and
branches (to U.S. corporations)
Costs of trading or issuing corporate securities4
Taxes paid by domestic corporations to foreign
governments on income earned abroad
1999
2000
2001
925.4
119.5
23.6
136.1
33.4
31.9
24.6
3.4
4.0
8.0
33.4
25.8
3.7
3.9
8.0
3.5
34.6
-119.0
86.4
.5
34.8
-118.2
100.2
201.4
64.2
269.2
67.3
107.3
22.3
123.4
41.7
Plus: Income received from equities in foreign corporations and
branches by all U.S. residents, net of corresponding
payments
102.3
120.2
Equals: Prolits before taxes, NIPA's
721.1
762.1
Federal income and excess profits taxes, IRS
231.4
242.0
-3.9
-5.5
26.6
34.6
39.8
25.4
34.8
39.9
Equals: Profits tax liability, NIPA's
ib"i
238.8
9.1
247.8
259.4
199.3
Profits aftertax, NIPA's (19-27)
482.3
514.3
522.9
470.9
376.1
409.6
Plus: Posttabulation amendments and revisions, including
results of audit and renegotiation and carryback refunds
Amounts paid to U.S. Treasury by Federal Reserve
banks
State and local corporate profits tax accruals
Less: U.S. tax credits claimed for foreign taxes paid
Investment tax credit5
Other tax credits 5
Dividends paid in cash or assets, IRS
1. Consists largely of salaries paid to corporate officers and to certain farm operators.
1998
Total receipts less total deductions, IRS
Plus: Posttabulation amendments and revisions6
Dividends paid by Federal Reserve banks and certain
federally sponsored credit agencies2
U.S. receipts of dividends from abroad, net of payments
to abroad
Earnings remitted to foreign residents from their
unincorporated U.S. affiliates
Interest payments of regulated investment companies
Less: Dividends received by U.S. corporations
Earnings of U.S. residents remitted by their
unincorporated foreign affiliates
Equals: Net corporate dividend payments, NIPA's
718.3
769.8
-176.6
-233.6
1.9
1.5
39.5
28.8
3.5
5.3
-119.0
113.4
-118.2
118.8
5.6
6.4
348.7
328.4
1. Consists largely of an adjustment to expense all meals and entertainment, of oilwell bonus payments written off, of
adjustments for insurance carriers and savings and loan associations, of amortization of intangible assets, and of taxexempt interest income.
2. Consists of the Farm Credit System for 1947 forward and the Federal home loan banks for 1952 forward.
3. Consists of nonprofit organizations serving business and of credit unions.
4. Includes the imputed financial service charge paid by corporations to domestic securities dealers who do not charge
an explicit commission.
5. Beginning with 1984, the investment tax credit is included in other tax credits (line 26).
6. Consists largely of an adjustment to remove capital gains distributions of regulated investment companies.
August 2002
121
SURVEY OF CURRENT BUSINESS
Table 8.26. 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)
Table 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)
[Billions of dollars]
[Billions of dollars]
Line
1998
1999
2000
Interest paid, IRS
Less: Interest paid by foreign branches of commercial banks....
Plus: Interest paid by organizations not filing corporation
income tax returns
Federally sponsored credit agencies
Other1
Interest paid by regulated investment companies
reported as distributions to stockholders
Adjustment for mutual savings banks and savings and
loan associations
Other2
Equals: Monetary interest paid by corporations, NIPA's
966.7
20.8
1,019.0
17.1
37.4
23.1
14.2
42.4
27.8
14.6
119.0
-2.8
6.0
1,105.4
1.9
6.2
1,170.5
84.3
64.2
21.4
.9
13.1
85.4
68.7
20.1
.8
13.5
161.5
1,276.8
12.8
1,353.6
11.5
82.5
28.2
26.3
28.1
89.3
29.3
30.7
29.2
1,439.1
1,336.5
Nontarm proprietorships and partnerships
Interest paid, IRS
Plus: Interest reported on rental expense schedule
Interest passed through to partners
Interest capitalized on tax returns
Less: Adjustment for misreporting on income tax returns
104.1
78.8
28.8
.9
16.3
Equals: Monetary interest paid, NIPA's
Corporations
Interest received, IRS
Less: Interest received by foreign branches of commercial banks
Plus: Interest received by organizations not filing corporation
income tax returns
Federal Reserve banks
Federally sponsored credit agencies
Other3
Adjustment for mutual savings banks and savings and
loan associations
Other4
Equals: Monetary interest received by corporations, NIPA's ...
3.3
13.4
1,363.2
11.0
14.2
1,456.5
1999
2000
1
3,971.0
4,238.9
4,591.9
Plus: Adjustment for misreporting on employment tax returns2
Adjustment for thrift savings plans3
Adjustment for selected industries4
Other5
2
3
4
5
97.0
.0
118.6
6.2
103.8
.0
122.6
5.2
112.9
.0
126.3
5.3
Equals: Wage and salary disbursements, NIPA's
6
4,192.8
4,470.4
4,836.3
4,950.6
Plus: Wage accruals less disbursements, NIPA's
7
-.7
5.2
Equals: Wage and salary accruals, NIPA's
8
4,192.1
4,475.6
.0
4,836.3
4,950.6
Line
2001
.0
1. Total annual wages of workers covered by State unemployment insurance (Ul) laws and by the Unemployment
Compensation for Federal Employees program. Data for the most recent year are preliminary.
2. Consists of unreported wages and salaries paid by employers and of unreported tips.
3. Consists of voluntary contributions by employees. Prior to 1985, employers were not required to report these contributions. In 1985, reporting requirements were enacted by over one half of the States; by 1990, the requirement had been
enacted by almost all States.
4. For the following industries, consists of the difference between estimates from more comprehensive source data
(excluding the adjustments in lines 2 and 3) and BLS wages and salaries: Agriculture, forestry, and fishing; railroad transportation; health services; educational services; social services; membership organizations; private households; and the
Federal Government.
5. Consists of wages and salaries for insurance agents classifed as statutory employees, for students and their spouses
employed by public colleges or universities, for nonprofit organizations not participating in the Ul program (in industries
not listed in footnote 4), and of other coverage adjustments.
Table 8.29. Capital Transfers (Net)
[Billions of dollars]
Line
Capital transfers received by government (net)
1,713.3
1,613.2
1. Consists of interest paid by nonprofit organizations serving business and by credit unions.
2. Consists of construction interest capitalized on tax returns, interest reported on tax returns in cost of goods sold, and
interest passed through to shareholders by small business corporations.
3. Consists of nonprofit organizations serving business, of credit unions, and of other tax-exempt interest received by
commercial banks and nonlife insurance carriers.
4. Consists of interest received by credit agencies and finance companies reported as business receipts on tax returns
and of interest passed through to shareholders by small business corporations.
NOTE. Total interest received by financial proprietorships and partnerships is not separately identified by the IRS.
1998
Total wages and salaries, BLS'
2001
Corporations
Federal
Estate and gift taxes paid by persons
Less: Capital transfers paid to the rest of the world (net)'
Less: Federal investment grants to State and local
governments2
Less: Investment grants to business3
State and local
Estate and gift taxes paid by persons
Federal investment grants to State and local governments2
Capital transfers received by the rest of the world (net)
Capital transfers received from U.S. government (net)
Less: Immigrants' transfers received by persons (net) 4
1998
1999
2000
32.4
32.4
35.9
-3.6
25.2
.0
-7.4
28.8
4.2
-8.0
28.8
2001
28.1
.0
-12.9
27.9
.0
36.1
40.8
36.0
7.2
28.8
39.7
7.8
31.9
43.9
7.8
36.1
48.3
-.7
.0
.7
3.4
4.2
-.8
.0
-.8
.0
7.5
40.8
1. Consists of forgiveness of debts owed by foreign governments to the U.S. Government, and the December 1999
transfer to the Republic of Panama of the U.S. Government's assets in the Panama Canal Commission.
2. Consists of Federal Government investment grants for highways, transit, air transportation, and water treatment
plants.
3. Consists of maritime construction subsidies paid by the Federal Government.
4. Consists of a limited measure of immigrants' transfers to the United States (transfers of funds by individuals moving
across borders).
Supplemental Tables
122
August 2 0 0 2
Table 8.30. Contributions to Percent Change in the Gross Domestic Purchases Price Index
Seasonally adjusted at annual rates
Line
1998
1999
2000
2001
2002
2001
2000
1999
1998
Percent change at annual rate:
Gross domestic purchases
1.5
2.5
1.9
1.2
1.9
2.2
3.7
2.2
2.2
2.1
3.3
1.7
-.2
1.2
Percentage points at annual rates:
.70
1.08
1.67
1.34
.92
1.48
1.41
1.56
2.23
1.48
1.37
1.48
2.25
1.23
-.03
.55
.74
1.71
Durable goods
Motor vehicles and parts
Furniture and household equipment.
Other
-.19
-.03
-.15
-.01
-.20
.01
-.16
.01
-.20
.03
-.21
-.03
-.15
-.01
-.17
-.02
-.16
-.05
-.10
-.01
-.06
.06
-.11
-.01
-.17
-.02
-.13
-.03
-.09
.03
-.15
.03
-.09
.07
-.17
.03
-.14
.08
-.16
-.06
-.16
.03
-.18
-.03
-.14
.01
-.14
-.01
-.18
.03
-.27
-.04
-.22
-.01
-.21
-.05
-.16
-.01
-.12
.04
-.15
-.01
-.35
-.13
-.20
-02
-.23
-.10
-.12
-.01
Nondurable goods
Food
Clothing and shoes .
Gasoline, fuel oil, and other energy goods....
Other
.00
.17
-.06
-.21
.10
.45
.19
-.05
.11
.20
.72
.22
-.04
.42
.12
.29
.28
-.06
-.06
.12
.25
.22
-.10
-.06
.87
.10
.07
.60
.09
.65
.18
-.08
.42
.14
.70
.22
.06
.38
.04
1.02
.26
-.10
.76
.09
.58
.19
-.08
.22
.25
.55
.33
-.05
.16
.11
.36
.16
.04
.12
.04
.36
.38
.00
-.14
.12
.58
.25
-.18
.34
.16
-.27
.33
-.15
-.65
.20
-.69
.22
-.07
-.93
.05
.23
-.06
Services
Housing
Household operation
Electricity and gas
Other household operation.
Transportation
Medical care
Recreation
Other
.90
.31
-.04
-.06
.01
.04
.25
.06
.28
.83
.27
-.01
.00
.00
.01
.21
.07
.28
1.08
.30
.07
.08
-.01
.01
.29
.09
.32
1.21
.37
.15
.15
.00
.05
.37
.08
.19
.87
.32
-.01
-.03
.01
.00
.25
.01
.04
-.03
1.02
.25
.11
.05
.06
1.37
.37
.00
-.01
.28
.09
.30
.12
.66
.99
.32
.16
.20
-.04
.05
.40
.11
-.05
1.22
.34
.21
.21
.00
.06
.34
.06
.20
.35
.51
.48
.03
.12
.53
.09
.38
.44
.41
-.08
-.13
.04
-.02
.06
.06
1.37
.44
-.13
-.24
.11
.02
•46
.07
1.05
.42
-.05
-.01
.26
.07
.32
.96
.28
.05
.10
-.05
.04
.32
.07
.20
.93
.42
-.05
.00
.15
.05
.36
.77
.26
-.03
.01
-.04
.03
.21
.10
.20
-.04
-.10
.38
.19
.27
.17
.26
.13
-.08
.21
.04
.12
.28
.15
.14
.02
.21
.06
.19
.16
-.10
.28
.05
.32
-.27
Personal consumption expenditures .
Gross private domestic investment.
Fixed investment
Nonresidential
Structures
Equipment and software
Information processing equipment and
software
Computers and peripheral
equipment
Software1
Other
Industrial equipment
Transportation equipment
Other equipment
Residential
Change in private inventories
Farm
Nonfarm
Government consumption expenditures and
gross investment
Federal
National defense
Consumption expenditures .
Gross investment
Nondefense
Consumption expenditures .
Gross investment
State and local
Consumption expenditures .
Gross investment
Addenda:
Final sales of computers2
Gross domestic purchases less final sales of
computers
Food
Energy goods and services
Gross domestic purchases less food and
energy
.18
-.18
-.04
.18
.19
-.07
-.15
-.26
.10
-.36
-.03
-.18
.06
-.24
.19
.01
.12
-.11
.19
.02
.15
-.14
-.05
-.19
.06
-.25
-.17
.00
-.19
.06
-.25
-.38
-.28
-.14
-.16
-.33
-.26
-.26
-.30
-.04
-.04
.01
-.01
.02
-.26
.01
-.03
.01
.02
.02
.16
-.13
.02
-.17
.03
-.03
.01
.02
.01
.18
-.03
.01
-.01
.02
.17
-.29
-.02
-.02
.01
.04
.03
.15
-.27
.05
-.05
.02
.05
.03
.17
-.01
.00
-.01
.00
.00
.00
-.02
.00
-.02
.11
-.03
.00
-.03
-.01
.00
-.01
.01
-.01
-.01
.23
-.04
.03
.34
.11
.07
-.17
.05
.05
-.04
.72
.16
-.10
.05
.07
.23
.06
.33
1.06
.33
.00
.03
-.03
.10
.25
.11
.26
.01
.52
-.08
-.04
-.22
-.05
.01
.13
-.12
-.13
-.01
-.12
-.02
-.18
-.05
-.13
-.22
-.22
-.10
-.12
-.03
-.12
.00
-.21
.07
.07
-.06
.09
-.28
-.16
.37
.08
.15
-.07
-.23
-.20
-.13
-.12
-.03
-.13
-.27
-.14
-.20
-.16
-.11
-.08
-.24
.03
-.04
-.01
.01
.01
.19
-.20
.02
-.05
.01
-.05
.00
.14
-.13
-.01
-.06
.02
.02
.00
.14
-.10
.00
-.13
.05
-.04
.00
.02
.01
.16
-.10
.10
-.03
.01
.02
.01
.13
-.12
.02
-.03
.01
.01
.01
.15
-.29
.05
-.02
.03
-.05
.03
.23
-.14
.04
-.04
.02
-.02
.02
.19
-.14
-.03
-.02
.00
.06
.01
.10
-.14
.00
-.02
,00
.01
.02
, .16
-.10
.00
-.03
.01
.04
.01
.29
-.01
-.01
.00
.01
.00
-.05
-.01
-.02
-.01
-.03
.00
.09
-.03
-.01
-.02
-.04
-.01
-.03
-.02
.01
-.03
.01
.00
.01
.01
.00
.01
-.02
-.01
-.01
-.01
.00
-.01
-.04
.00
-.04
-.02
.00
-.02
-.06
.00
-.06
-.05
.00
-.05
-.Q2
.00
-:02
.00
.00
.00
-.02
.00
-.02
.05
-.13
.05
-.12
.41
.30
.56
.61
.53
1.07
.51
.50
.46
.32
-.06
.64
.47
.06
.03
.04
-.01
.03
.03
.00
.19
.17
.02
.14
.10
.09
.11
.08
.08
.00
.06
.05
.00
.32
.27
.04
.06
.07
.00
.04
.04
.00
.31
.26
.05
.03
.05
-.02
.05
.05
.00
.21
.16
.05
.28
.18
.15
.02
.10
.09
.01
.28
.24
.04
.09
.07
.07
.00
.02
.01
.01
.44
.37
.07
.46
.27
.27
.00
.19
.18
.01
.61
.53
.08
.04
.02
.03
.00
.01
.00
.01
.47
.36
.11
.09
.07
.07
.00
.02
.01
.01
.41
.34
.07
.01
.02
.02
.00
-.01
-.02
.09
.05
.04
.00
.05
.04
.01
.23
.20
.03
-.03
^.04
-.02
-.02
.01
.01
.01
-.04
-.08
.05
.50
.28
.29
-.01
.22
.23
.00
.13
.13
.00
.12
.07
.07
-.01
.05
.06
-.01
.35
.33
.02
-.35
-.38
-.27
-.32
-.39
-.33
-.30
-.22
-.16
-.21
-.17
-.19
-.24
-.24
-.23
-.19
-.12
1.20
.16
-.34
1.88
.19
.14
2.21
.28
.09
1.56
2.15
.19
.59
2.40
.22
.50
3.84
.27
1.03
2.39
.19
.33
2.31
.32
.49
2.30
.16
.43
1.92
.26
.26
1.35
-.18
2.38
.09
.76
.07
.22
-.13
1.78
.24
.23
-.32
2.25
.04
.93
1.57
1.06
1.33
1.20
1.07
1.45
2.38
1.66
1.32
1.25
1.16
.25
1.17
1. Excludes software "embedded," or bundled, in computers and other equipment.
-.17
.01
2.72
.22
.63
.06
.06
.00
.06
.05
.01
.50
.43
.07
.01
.45
.39
.05
3.66
.38
.33
2.53
.02
.03
.00
.01
.01
.00
-.09
-.10
.33
-1.00
.50
:oo
.22
-1.52
2. For some components of final sales of computers, includes computer parts.
NOTE. The price indexes on which the estimates in this table are based are shown in tables 7.1, 7.2, 7:4,7.6, and 7.11.
123
August 2002
GDP and Other Major NIPA Series, 1929-2002:1
Tables 1-4 present the historical series from the national
income and product accounts (NIPA's).
Specifically, table 1 presents current-dollar gross
domestic product and its components. Table 2A
presents real gross domestic product and its components in chained dollars, and table 2B presents real
gross domestic product and its components in chaintype quantity indexes. Table 3 presents NIPA price
indexes. Table 4 presents national income and personal
income. The estimates are available on BEA's Web
site at <www.bea.gov>; for more information, call
202-606-5304.
Table 1 . Gross Domestic Product
[Billions of dollars; quarterly estimates are seasonally adjusted at annual rates]
Net exports of goods and
services
Gross private domestic investment
Personal consumption expenditures
Government consumption
expenditures and gross
investment
Fixed investment
Year and
quarter
Gross
domestic
product
Change
in
private
EquipResiinvenment
dential tories
and
software
Nonresidential
Total
Durable
goods
Nondurable
goods
Services
Total
Total
Total
Structures
Net
Exports
Imports
Total
Federal
State
and
local
Percent change from
preceding period
Final
sales of
domestic
product
Gross
national
product
Gross
domestic
product
Final
sales of
domestic
product
1929
103.7
77.5
9.2
37.7
30.5
16.5
14.9
11.0
5.5
5.5
4.0
1.5
.4
5.9
5.6
9.4
1.7
7.7
102.2
104.5
1930
1931
1932
1933
1934
91.3
76.6
58.8
56.4
66.0
70.2
60.7
48.7
45.9
51.5
7.2
5.5
3.6
3.5
4.2
34.0
29.0
22.7
22.3
26.7
29.0
26.3
22.4
20.2
20.5
10.8
11.0
4.2
2.6
1.5
1.4
2.1
2.4
1.8
.8
.6
.9
-1.1
-2.4
-1.4
-.6
.3
.0
.0
.1
.3
4.4
2.9
2.0
2.0
2.6
4.1
2.9
1.9
1.9
2.2
10.0
7.0
3.6
3.1
4.3
4.4
2.6
1.4
1.1
1.2
-.2
5.9
1.3
1.7
3.7
8.6
5.3
2.9
2.5
3.3
10.6
1.8
1.8
1.8
2.3
3.2
8.2
8.1
7.0
6.5
7.3
91.5
77.7
61.2
57.9
66.6
92.0
77.1
59.2
56.7
66.3
-12.0
-16.1
-23.2
-4.0
16.9
-10.4
-15.1
-21.3
-5.4
15.1
1935
1936
1937
1938
1939
73.3
83.7
91.9
86.1
92.0
55.9
62.2
66.8
64.2
67.2
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
6.7
8.6
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
1.2
2.6
-.6
.2
-.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
10.9
13.1
12.8
13.8
14.7
3.3
5.5
5.0
5.6
5.9
7.6
7.6
7.8
8.2
8.9
72.2
82.6
89.2
86.6
91.8
73.7
84.0
92.3
86.5
92.5
11.0
14.2
14.4
1940
1941
1942
1943
1944
101.3
126.7
161.8
198.4
; 219.7
71.2
81.0
88.9
99.7
108.5
7.8
9.7
6.9
6.5
6.7
37.0
42.9
50.8
58.6
64.3
26.4
28.5
31.3
34.6
37.4
13.6
18.1
10.4
11.2
13.8
6.1
7.8
2.6
3.3
2.2
1.8
2.4
5.2
6.4
4.1
3.7
5.0
3.5
4.1
2.2
1.4
1.4
2.4
4.3
1.9
-.7
-.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
15.1
26.6
62.8
94.9
105.5
6.4
8.5
6.9
8.7
7.7
9.7
6.3
5.4
7.4
17.9
54.1
86.5
97.0
8.7
8.7
8.7
8.5
8.5
98.9
122.4
159.9
199.2
220.6
101.7
127.2
162.2
198.8
220:1
1945
1946
1947
1948
1949
223.0
222.3
244.4
269.6
267,7
119.8
144.2
162.3
175.4
178.8
8.0
40.0
45.8
51.0
55.9
58.9
10.8
31.1
35.0
48.1
36.9
12.3
25.1
35.5
42.4
39.6
10.6
17.3
23.5
26.8
24.9
3.3
7.4
8.1
9.5
9.2
7.3
9.9
1.7
7.8
-1.5
6.7
15.3
17.3
15.7
12.1
15.6
14.6
7.5
7.0
7.9
9.2
93.2
39.8
36.4
40.6
46.8
84.2
29.0
22.6
24.2
27.6
9.0
15.8
20.4
22.9
25.1
71.9
82.7
90.9
96.6
94.9
10.8
13.9
16.5
19.2
224.5
216.3
245.0
263.9
270.3
223.4
223.0
245.6
271.1
269.0
1950
1951
1952
1953
1954
294.3
339.5
358.6
379.9
381.1
192.7
208.6
219.7
233.4
240.5
30.7
29.9
29.3
32.7
31.9
98.2
109.2
114.7
117.8
119.7
63.7
69.6
75.6
82.9
88.9
54.1
60.2
54.0
56.4
53.8
48.3
50.3
50.5
54.5
55.8
27.8
31.8
31.9
35.1
34.7
10.0
12.0
12.2
13.6
13.9
17.8
19.9
19.7
21.5
20.8
20.5
18.4
18.6
19.4
21.1
-1.9
1955
1956
1957
1958
1959
; 415.2
i 438.0
461.5
467.9,
507.4
259.0
271.9
287.0
296.6
318.1
38.8
38.1
40.0
37.4
42.7
124.7
130.8
137.1
141.7
148.5
95.4
102.9
109.9
117.4
127.0
69.0
72.0
70.5
64.5
78.5
64.0
68.1
69.7
64.9
74.6
39.0
44.5
47.5
42.5
46.5
15.2
18.2
19.0
17.6
18.1
23.9
26.3
28.6
24.9
28.4
25.0
23.6
22.2
22.3
28.1
5.0
3.9
.8
-.4
3.9
1960
1961
1962
1963
1964
527.4
545.7
586.5
618.7
664.4
332.3
342.7
363.8
383.1
411.7
43.3
41.8
46.9
51.6
56.7
152.9
156.6
162.8
168.2
178.7
136.1
144.3
154.1
163.4
176.4
78.9
78.2
88.1
93.8
102.1
75.7
75.2
82.0
88.1
97.2
49.4
48.8
53.1
56.0
63.0
19.6
19.7
20.8
21.2
23.7
29.8
29.1
32.3
34.8
39.2
26.3
26.4
29.0
32.1
34.3
1965
1966
1967
1968
1969
720.1
789.3
834.1
911.5
985.3
444.3
481.8
508.7
558.7
605.5
63.3
68.3
70.4
80.8
85.9
191.6
208.8
217.1
235.7
253.2
189.5
204.7
221.2
242.3
266.4
118.2
131.3
128.6
141.2
156.4
109.0
117.7
118.7
132.1
147.3
74.8
85.4
86.4
93.4
104.7
28.3
31.3
31.5
33.6
37.7
46.5
54.0
54.9
59.9
67.0
34.2
32.3
32.4
38.7
42.6
1970
1971
1972
1973
1974
1,039.7
1,128.6
1,240.4
1,385.5
1,501.0
648.9
702.4
770.7
852.5
932.4
85.0
96.9
110.4
123.5
122.3
272.0
285.5
308.0
343.1
384.5
292.0
320.0
352.3
385.9
425.5
152.4
178.2
207.6
244.5
249.4
150.4
169.9
198.5
228.6
235.4
109.0
114.1
128.8
153.3
169.5
40.3
42.7
47.2
55.0
61.2
68.7
71.5
81.7
98.3
108.2
41.4
55.8
69.7
75.3
66.0
1975
1976
1977
1978
1979
1,635.2
1,823.9
2,031.4
2,295.9
2,566.4
1,030.3
1,149.8
1,278.4
1,430.4
1,596.3
133.5
158.9
181.2
201.7
214.4
420.7
458.3
497.2
550.2
624.4
476.1
532.6
600.0
678.4
757.4
230.2
292.0
361.3
436.0
490.6
236.5
274.8
339.0
410.2
472.7
173.7
192.4
228.7
278.6
331.6
61.4
65.9
74.6
91.4
114.9
112.4
126.4
154.1
187.2
216.7
1980
1981
1982
1983
1984
2,795.6
3,131.3
3,259.2
3,534.9
3,932.7
1,762.9
1,944.2
2,079.3
2,286.4
2,498.4
214.2
231.3
240.2
281.2
326.9
696.1
758.9
787.6
831.2
884.7
852.7
954.0
1,051.5
1,174.0
1,286.9
477.9
570.8
516.1
564.2
735.5
484.2
541.0
531.0
570.0
670.1
360.9
418.4
425.3
417.4
490.3
133.9
164.6
175.0
152.7
176.0
227.0
253.8
250.3
264.7
314.3
12.2
7.1
9.3
6.0
-.6
5.7
-2.4
-2.2
-.9
7.1
9.9
8.8
8.7
5.4
5.2
14.1
18.7
15.5
14.4
.7
2.4
1.0
-.8
.3
12.3
17.0
16.3
15.2
15.7
11.6
14.6
15.3
16.0
15.4
46.9
68.3
83.9
90.8
86.5
26.0
45.0
59.2
64.4
57.3
20.9
23.3
24.7
26.4
29.2
288.5
329.6
355.1
378.0
383.0
.4
2.3
4.0
.4
-1.7
17.6
21.2
23.9
20.4
20.6
17.2
18.9
19.9
20.0
22.3
86.8
91.8
100.1
106.5
112.5
54.9
56.7
61.3
63,9
67.4
31.9
35.1
38.8
42.6
45.1
3.2
3.0
6.1
5.6
4.8
2.4
3.4
2.4
3.3
5.5
25.3
26.0
27.4
29.4
33.6
22.8
22.7
25.0
26.1
28.1
113.8
121.5
132.2
138.5
145.1
65.9
69.5
76.9
78.5
79.8
9.2
3.9
1.9
1.4
35.4
38.9
41.4
45.3
49.3
31.5
37.1
39.9
46.6
50.5
153.7
174.3
195.3
212.8
224.6
55.8
62.3
74.2
91.2
127.5
-2.7
5.8
9.9
3.5
1.9
13.6
10.8
10.1
.
-2.9
6.9
6.0
10.1
25.0
27.7
22.7
10.7
23.7
30.6
24.6
10.8
1.5
-.3
10.0
10.3
7.7
1.8
-3.7
13.3
7.7
2.4
295.8
341.5
360.7
381.9
383.3
10.0
15.4
14.2
5.6
5.9
.3
7.7
6.4
1.3
410.2
434.0
460.7
468.3
503.5
417.8
440.8
464.7
470.7
510.3
9.0
5.5
5.4
1.4
8.4
7.1
5.8
6.2
1.6
7.5
47.9
52.0
55.3
59.9
65.3
524.1
542.7
580.4
613.1
659.6
530.6
549.3
590.7
623.2
669.4
3.9
3.5
7.5
5.5
7.4
4.1
3.5
7.0
5.6
7.6
82.1
94.4
106.8
114.0
116.1
71.6
79.9
88.6
98.8
108.5
710.9
775.7
824.2
902.4
976.2
725.5
794.5
839.5
917.6
991.5
8.4
9.6
5.7
9.3
8.1
7.8
9.1
6.3
9.5
8.2
237.1
251.0
270.1
287.9
322.4
116.4
117.6
125.6
127.8
138.2
120.7
133.5
144.4
160.1
184.2
1,037.7
1,120.3
1,231.3
1,369.7
1,487.0
1,046.1
1,136.2
1,249.1
1,398.2
1,516.7
5.5
8.6
9.9
6.3
8.0
9.9
11.7
11.2
-1.3
-1.2
2.0
8.3
9.1
-3.0
-8.0
15.9
14.0
-3.1
57.0
59.3
66.2
91.8
124.3
62.7
82.5
110.3
131.6
141.0
-6.3
17.1
22.3
25.8
18.0
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
361.1
384.5
415.3
455.6
503.5
152.1
160.6
176.0
191.9
211.6
209.0
223.9
239.3
263.8
291.8
1,641.4
1,806.8
2,009.1
2,270.1
2,548.4
1,648.4
1,841.0
2,052.1
2,318.0
2,599.3
123.2
122.6
105.7
152.5
179.8
-6.3
29.8
-14.9
-5.8
65.4
-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
569.7
631.4
684.4
735.9
800.8
245.3
281.8
312.8
344.4
376.4
324.4
349.6
371.6
391.5
424.4
2,801.9
3,101.5
3,274.1
3,540.7
3,867.3
2,830.8
3,166.1
3,295.7
3,571.8
3,968.1
.6
8.1
-6.3
-.7
9.9
9.1
9.2
1.2
8.4
9.7
6.7
8.3
8.6
8.9
10.4
10.1
11.2
13.0
12.3
11.5
11.4
13.0
11.8
8.9
9.9
12.0
10.7
4.1
8.5
5.6
8.1
9.2
11.3
124
GDP and Other Major NIPA Series
August 2 0 0 2
Table 1. Gross Domestic Product—Continued
[Billions of dollars; quarterly estimates are seasonally adjusted at annual rates]
Net exports of goods and
services
Gross private domestic investment
Personal consumption expenditures
Government consumption expenditures and
gross investment
Percent change from
preceding period
State
and
local
Final
Gross
sales of national
. Final
domestic product Gross
sales of
product
domestic domestic
product product
Fixed investment
Year and
quarter
Gross
domestic
product
Total
NonDurable durable
goods goods Services
Nonresidential
Total
Total
Total
Change
in
Equip- Resi- private
invenStruc- ment
and dential tories
tures software
Net
Exports
Imports
Total
Federal
1985
1986
1987
1988
1989
4,213.0 2,712.6
4,452.9 2,895.2
4,742.5 3,105.3
5,108.3 3,356.6
5,489.1 3,596.7
363.3
401.3
419.7
450.2
467.8
928.8
958.5
1,015.3
1,082.9
1,165.4
1,420.6
1,535.4
1,670.3
1,823.5
1,963.5
736.3
747.2
781.5
821.1
872.9
714.5
740.7
754.3
802.7
845.2
527.6
522.5
526.7
568.4
613.4
193.3
175.8
172.1
181.6
193.4
334.3
346.8
354.7
386.8
420.0
186.9
218.1
227.6
234.2
231.8
21.8 -114.2
6.6 -131.9
27.1 -142.3
18.5 -106.3
27.7
-80.7
303.0
320.3
365.6
446.9
509.0
417.2
452.2
507.9
553.2
589.7
878.3
942.3
997.9
1,036.9
1,100.2
413.4
438.7
460.4
462.6
482.6
464.9
503.6
537.5
574.3
617.7
4,191.2
4,446.3
4,715.3
5,089.8
5,461.4
4,238.4
4,468.3
4,756.2
5,126.8
5,509.4
7.1
5.7
6.5
7.7
7.5
8.4
6.1
6.1
7.9
7.3
1990
1991
1992
1993
1994
5,803.2
5,986.2
6,318.9
6,642.3
7,054.3
3,831.5
3,971.2
4,209.7
4,454.7
4,716.4
467.6
443.0
470.8
513.4
560.8
1,246.1
1,278.8
1,322.9
1,375.2
1,438.0
2,117.8
2,249.4
2,415.9
2,566.1
2,717.6
861.7
800.2
866.6
955.1
1,097.1
847.2
800.4
851.6
934.0
1,034.6
630.3
608.9
626.1
682.2
748.6
202.5
183.4
172.2
179.4
187.5
427.8
425.4
453.9
502.8
561.1
216.8
191.5
225.5
251.8
286.0
14.5
15.0
21.1
62.6
-71.4
-20.7
-27.9
-60.5
-87.1
557.2
601.6
636.8
658.0
725.1
628.6
622.3
664.6
718.5
812.1
1,181.4
1,235.5
1,270.5
1,293.0
1,327.9
508.4
527.4
534.5
527.3
521.1
673.0
708.1
736.0
765.7
806.8
5,788.7
5,986.4
6,303.9
6,621.2
6,991.8
5,832.2
6,010.9
6,342.3
6,666.7
7,071.1
5.7
3.2
5.6
5.1
6.2
6.0
3.4
5.3
5.0
5.6
1995
1996
1997
1998
1999
7,400.5 4,969.0
7,813.2 5,237.5
8,318.4 5,529.3
8,781.5 5,856.0
9,274.3 6,246.5
589.7
616.5
642.5
693.2
755.9
1,497.3
1,574.1
1;641.6
1,708.5
1,830.1
2,882.0
3,047.0
3,245.2
3,454.3
3,660.5
1,143.8
1,242.7
1,390.5
1,538.7
1,636.7
1,110.7
1,212.7
1,327.7
1,465.6
1,577.2
825.1
899.4
999.4
1,101.2
1,173.5
204.6
225.0
255.8
282.4
283.7
620.5
674.4
743.6
818.9
889.8
285.6
313.3
328.2
364.4
403.7
-84.3
33.0
30.0
-89.0
62.9
-89.3
73.1 -151.7
59.5 -249.9
818.6
874.2
966.4
964.9
989.3
902.8
963.1
1,055.8
1,116.7
1,239.2
1,372.0
1,421.9
1,487.9
1,538.5
1,641.0
521.5
531.6
538.2
539.2
565.0
850.5
890.4
949.7
999.3
1,076.0
7,367.5
7,783.2
8,255.5
8,708.4
9,214.8
7,420.9
7,831.2
8,325.4
8,778.1
9,297.1
4.9
5.6
6.5
5.6
5.6
5.4
5.6
6.1
5.5
5.8
2000
2001
9,824.6 6,683.7
10,082.2 6,987.0
803.9
835.9
1,972.9
2,041.3
3,906.9
4,109.9
1,755.4
1,586.0
1,691.8
1,646.3
1,265.8
1,201.6
314.2
324.5
951.6
877.1
426.0
444.8
63.6 -365.5
-60.3 -348.9
1,101.1
1,034.1
1,466.6
1,383.0
1,751.0
1,858.0
589.2
628.1
1,161.8
1,229.9
9,761.1
10,142.5
9,848.0
10,104.1
5.9
2.6
5.9
3.9
7.3
8.6
5.9
7.4
8.7
9.3
5.5
8.5
5.7
4.3
6.5
7.3
8.4
6.3
13.0
14.2
15.4
13.6
6.6
7.0
7.0
7.3
44.2
39.1
37.8
38.1
34.3
28.7
26.7
26.2
9.9
10.8
13.0
10.4
11.1
11.9
205.0
210.0
222.5
227.7
211.2
219.1
229.0
232.9
15.8
19.2
9.9
26.2
14.9
15.2
15.0
16.1
10.4
10.4
12.3
15.1
.5
-1.2
-2.9
10.8
11.2
11.7
1.5
9.2
18.3
19.4
19.4
17.6
7.5
8.2
7.7
8.3
36.5
36.6
36.4
36.2
23.4
23.1
22.3
21.5
13.1
13.5
14.1
14.8
237.0
241.9
247.8
253.2
238.6
241.8
246.1
256.0
15.2
16.3
16.1
15.0
3.6
5.9
7.2
6.0
7.2
5.2
4.9
4.4
16.9
15.2
15.4
14.6
9.6
10.0
10.5
10.1
37.7
39.8
41.5
43.6
22.4
23.7
24.6
26.0
15.3
16.1
16.9
17.6
257.1
261.9
267.1
269.6
262.2
269.3
275.8
277.1
.4
-5.1
-1.3
-4.7
6.4
6.2
5.1
2.9
16.0
15.6
14.0
12.0
9.6
9.4
8.9
9.1
45.7
47.4
47.3
46.7
27.5
28.5
27.6
26.8
18.2
18.9
19.7
19.9
270.0
271.7
269.3
270.3
271.8
268.0
269.4
266.8
-7.3
-5.5
-3.6
.6
2.6
-3.5
1.4
2.0
2.8
4.2
2.1
1.6
-.8
9.5
-.2
11.6
11.8
12.2
13.5
10.2
13.0
13.7
45.7
46.2
46.0
49.7
25.5
25.7
24.9
27.9
20.2
20.5
21.2
21.8
273.7
282.3
298.3
299.8
277.0
286.5
304.2
31.5.5
16.1
14.3
26.8
15.9
5.1
13.1
24.8
2.0
.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
64.9
72.8
77.9
35.2
41.8
49.2
53.9
22.3
23.1
23.7
23.9
318.9
322.1
334.0
343.4
330.9.
338.8
345.8, :
350.4
21.2
28.1
4.0
15.6
11.8
3.6
1.8
18.6
16.5
15.1
15.2
15.0
14.6
15.3
16.3
79.4
83.3
85.1
87.6
55.4
58.5
60.5
62.4
24.0
24.8
24.7
25.2
346.7
353.9
353.3
366.5
353.6
354.6
360.9
373.9
15.2
15.0
15.1
15.7
15.1
15.8
16.4
16.3
15.5
90.0
92.1
90.6
90.7
63.9
66.2
64.0
63.6
26.0
25.9
26.6
27.2
375.0
378.9
379.4
378.6
380.9
384.7
383.6
378.5
3.9
-.8
-5.3
14.8
16.2
15.3
15.5
88.9
86.5
85.2
85.3
60.8
57.7
55.4
55.2
28.1
28.8
29.8
30.1
377.9
380.1
383.6
390.4
378.1
378.8
383.7
392.6
-.6
.8
5.2
9.3
-.6
14.0
8.4
8.6
9.4
7.7
9.0
3.5
-.2
I
II
Ill
IV.....
210.6
218.4
228.2
232.0
134.9
140.1
148.9
153.1
12.6
14.7
17.1
18.7
78.9
80.6
85.1
86.3
43.5
44.8
46.6
48.1
25.0
32.0
33.1
34.5
19.4
23.5
27.4
30.2
13.6
16.1
18.7
20.9
6.2
7.4
7.9
7.9
I
II...:..
Ill
IV
237.5
240.7
244.9
254.7
156.5
160.5
164.0
168.2
19.4
20.0
20.3
22.0
87.7
90.1
92.1
93.6
49.4
50.4
51.6
52.5
33.7
32.4
32.7
41.0
33.2
33.6
35.6
39.6
22.8
23.2
23.3
24.5
7.9
7.9
1948: I
II
Ill
IV.....
260.8
267.7
274.3
275.6
170.9
174.7
177.6
178.4
22.0
22.5
23.7
23.4
95.1
97.0
97.0
97.3
53.8
55.2
56.9
57.8
45.0
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
10.1
17.3
16.7
17.1
18.0
1949: I
II
ill..:..
IV.....
270.4
266.6
268.0
265.6
177.3
178.9
178.3
180.8
22.8
24.8
25.8
26.8
96.3
95.3
93.5
94.3
58.2
58.8
59.0
59.7
40.9
34.0
37.3
35.2
40.5
39.2
38.6
39.9
26.6
25.5
24.1
23.5
9.7
9.4
8.9
8.7
16.8
16.1
15.2
14.9
14.0
13.7
14.5
16.3
1950: 1
II
Ill
IV.....
275.7
285.1
302.5
313.9
183.5
187.4
201.1
198.5
27.7
28.1
35.6
31.5
94.8
96.3
100.9
100.9
61.0
63.0
64.6
66.1
44.4
49.9
56.1
65.9
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
1951:
I
II
Ill
IV.....
329.3
336.9
343.7
348.1
209.6
205.3
207.9
211.8
33.8
28.9
28.3
28.4
107.8
107.4
109.4
112.0
68.0
69.0
70.1
71.3
62.1
64.8
59.4
54.4
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
20.2
20.2
20.8
18.2
17.2
17.5
10.4
14.8
I
II
Ill
IV.....
351.5
352.4
358.8
371.8
213.2
217.4
220.0
228.2
28.9
29.1
27.6
31.7
111.4
113.7
115.9
117.9
72.9
74.5
76.5
78.5
55.2
49.9
53.9
57.2
50.5
51.4
48.3
51.9
32.4
32.9
29.8
32.5
12.0
12.1
12.2
12.6
20.4
20.8
17.7
19.9
18.0
18.5
18.5
19.4
4.7
1953: I
II......
III.....
IV.....
378.9
382.5
381.7
376.6
231.8
233.6
234.4
233.9
33.3
33.1
32.7
31.8
118.1
118.1
117.6
117.5
80.4
82.4
84.2
84.7
57.9
58.2
57.4
52.3
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
19.2
18.9
3.9
3.6
2.3
-2.0
1954: I
II
Ill
IV.....
376.0
376.7
381.5
390.1
236.0
238.8
241.2
245.9
31.1
31.8
31.4
33.2
118.7
118.8
119.9
121.3
86.2
88.1
89.9
91.4
51.6
51.2
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
19.0
20.3
21.8
23.2
-2.0
-3.4
-2.1
-.3
-.4
.2
.5
1.1
14.3
16.3
15.8
16.5
1955: I
II
Ill
IV.....
403.1
411.4
419.9
426.4
252.1
257.1
261.3
265.3
36.5
38.8
40.5
39.4
122.3
124.0
125.0
127.5
93.3
94.3
95.8
98.4
64.2
68.1
70.0
73.9
60.4
63.5
65.7
66.6
35.4
37.9
40.4
42.5
14.3
14.7
15.4
16.2
21.1
23.1
25.0
26.3
25.0
25.6
25.2
24.2
3.8
4.6
4.3
7.2
1.0
-.3
.6
.1
17.2
16.8
18.1
18.3
16.2
17.1
17.4
18.1
85.7
86.4
88.0
87.1
54.6
54.7
55.9
54.4
31.1
31.7
32.2
32.8
399.3
406.8
415.6
419.2
405,6
413.9 , .
422.5 i
429.0
1956: I
II
Ill
IV.....
428.8
434.7
439.7
448.6
266.9
269.6
272.8
278.2
37.7
37.8
37.6
39.4
129.1
130.0
131.3
132.7
100.1
101.8
103.8
106.0
73.0
71.4
72.5
71.2
66.6
67.8
68.9
69.0
42.8
43.9
45.4
45.9
17.4
18.0
18.6
18.7
25.4
25.9
26.8
27.2
23.7
23.9
23.5
23.0
6.4
3.6
3.6
2.2
.3
1.8
2.5
4.4
19.3
20.8
21.7
23.0
18.9
19.0
19.3
18.5
88.6
91.9
92.0
94.8
54.7
57.1
56.5
58.6
33.9
34.7
35.5
36.2
422.4
431.1
436.2
446.4
431.7
437.6.
442.8
451.3
1957: I
II
Ill
IV
457.6
459.6
466.8
462.0
282.5 <
284.8
289.4
291.1
40.6
40.1
39.8
39.4
134.5
135.8
139.2
138.9
107.5
108.9
110.5
112.9
71.8
71.9
73.2
64.9
69.6
69.3
70.4
69.4
47.0
47.1
48.4
47.5
18.8
19.0
19.1
18.9
28.2
28.1
29.3
28.6
22.6
22.2
22.0
21.9
2.2
2.7
2.8
4.7
4.0
3.9
3.3
24.8
24.3
23.6
22.9
20.1
20.3
19.8
19.6
98.6
98.8
100.3
102.7
61.0
60.5
61.2
62.7
37.5
38.4
39.1
40.0
455.4
456.9
464.0
466.5
460.8
463.0
470.2 ::
4647 • ;
1958:
I
II
Ill
IV.....
454.6
458.9
472.4
485.8
290.8
293.8
298.9
302.8
37.4
36.6
37.3
38.5
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
-4.0
-4.2
1.0
.4
.7
-.4
20.4
20.4
20.5
20.5
19.5
20.1
19.7
20.8
102.3
106.0
107.3
110.2
61.3
64.0
64.2
66.1
41.0
42.0
43.2
44.1
458.6
463.1
470.9
480.6
457.4. s - 6 . 2
,461.7 ;
3.8
475.1; : \ 12.3
. 4 8 8 . ^ ';: 11-8
-6.6
1.5
5.2
I :.
II
Ill
IV
496.1
509.2
510.2
514.2
310.4
316.5
321.7
323.9
41.5
43.2
44.1
41.8
146.1
147.7
149.3
150.9
122.9
125.6
128.4
131.2
76.2
82.2
76.5
79.3
72.3
74.9
76.1
75.2
44.5
46.1
47.8
47.7
17.4
18.0
18.6
18.5
27.1
28.1
29.2
29.2
27.8
28.8
28.3
27.5
3.9
7.3
.4
4.1
-1.7
-2.5
-1.1
-1.4
19.7
20.0
21.8
21.1
21.4
22.5
22.9
22.5
111.3
113.1
113.1
112.4
66.4
, 67.9
67.9
67.4
44.9
45.1
45.2
45.0
492.3
502.0,
509.8
510.1
498.8
,512.0;
.513.!1
517.13- V
8.8
11.0
.8
10.1
I
II
Ill
IV.....
527.9
527.1
529.9
524.6
327.4
333.3
333.3
335.2
43.2
44.1
43.6
42.4
150.8
153.6
153.0
153.9
133.4
135.6
136.6
138.9
89.1
79.7
78.7
68.1
77.9
76.4
74.4
73.9
49.5
50.3
49.0
48.6
19.4
19.5
19.4
20.0
30.2
30.8
29.6
28.6
28.4
26.1
25.3
25.3
11.2
.9
1.7
3.0
4.0
24.2
25.2
25.9
25.8
23.3
23.5
22.9
21.7
,110.5
112.4
115.0
117.3
64.2
64.8
66.5
68.0
46.3
47.6
48.5
49.2
516.7
523.8
525.6
530.4
v 530.9
530.2
533.2 ,
528.1 ; :,
11.1
-.6
I
II
Ill
IV.....
528.9
539.9
550.3
563.4
335.7
340.6
343.5
350.8
39.9
40,9
42.1
44.2
155.2
156.0
156.5
158.6
140.6
143.7
144.9
148.0
70.3
75.8
82.3
84.2
72.9
74.0
75.7
78.2
47.5
48.5
48.7
50.4
19.9
19.6
19.7
19.6
27.6
28.8
29.1
30.8
25.3
25.5
26.9
27.8
4.4
3.3
2.8
2.9
26.1
25.2
26.1
21.7
21.9
23.3
23.9
118.5
120.3
121.7
125.5
67.4
69.1
69.7
71.7
51.1
51.2
52.0
53.9
531.5
538.1
543.7
557.5
532.6.
.; 543.4 u:
553.9 :
.567.1
1946:
1947:
1952:
1959:
1960:
1961:
'
;
8.3
8,4
14.0
9.7
4.7
-1.5
5.6
5.3
-4.5
3.2
4.3
-5.8
-2.5
1.8
6.7
6.0
-.1
-1.1
-.8
-1.4
-.7
-.4
'•
26.8
6.8
9.6
9.9
5.5
7.2
17.5
8.5
10.1
9.0
17.0
9.9
11.1
10.1
1.9
2.2
9.5
8.4
5.3
3.9
1.1
7.5
7.8
6.3
2.2
.
5.6
4.7
8.3
8.2
1.8
6.5
-4.0
3 2
2.2
-3.9
3.3
8.6
7.9
9.9
6.3
7.6
8.2
3.7
3.9
8.6
-.8
15.9
9.6
4.3
.5
-.9
2.3
3.8
7.3
3.1
8.5
4.8
9.7
8.3
1.3
6.4
2.2
4.0
6.9
8.5
8.1
6.4
.2
5.3
5.7
1.4
3.7
.8
5.1
4.2
10.5
August 2002
125
SURVEY OF CURRENT BUSINESS
Table 1 . Gross Domestic Product—Continued
[Billions of dollars; quarterly estimates are seasonally adjusted at annual rates]
Net exports of goods and
services
Gross private domestic investment
Personal consumption expenditures
Government consumption
expenditures and gross
investment
Fixed investment
Year and
quarter
Gross
domestic
product
Residential
Change
in
private
inventories
Net
Nonresidential
Total
Durable
goods
Nondurable
goods
Services
Total
Total
Structures
Equipment
and
software
Total
Exports Imports
Total
Federal
State
and
local
Percent change from
preceding period
Final
sales of
domestic
product
Gross
national
product
Gross
domestic
product
Final
sales of
domestic
product
1962:
I
II
Ill
IV.....
576.8
583.9
591.0
594.4
356.0
361.6
365.6
371.8
45.2
46.4
46.9
48.9
160.6
161.9
163.4
165.3
150.2
153.3
155.2
157.6
89.4
87.9
89.3
86.0
80.0
82.4
83.1
82.6
51.6
53.2
53.9
53.5
20.0
20.8
21.4
20.9
31.6
32.4
32.5
32.6
28.4
29.2
29.2
29.1
9.4
5.4
6.2
3.4
2.3
3.2
2.9
1.5
26.6
28.1
28.0
27.0
24.3
24.9
25.1
25.6
129.2
131.2
133.3
135.1
75.0
76.4
77.7
78.5
54.2
54.8
55.6
56.6
567.4
578.4
584.8
591.0
580.5
588.0
595.2
599.2
9.8
5.0
5.0
2.3
7.3
8.0
4.5
4.3
1963:
I
II
Ill
IV.....
603.4
612.1
624.9
634.3
375.4
379.5
386.5
391.1
50.0
51.3
52.0
53.1
166.3
167.0
169.4
169.9
159.1
161.3
165.0
168.1
90.5
92.2
95.0
97.4
83.6
87.3
89.3
92.3
53.4
55.1
56.8
58.7
20.2
21.2
21.4
21.9
33.2
33.9
35.4
36.8
30.2
32.2
32.5
33.7
6.9
4.8
5.7
5.1
2.0
3.7
3.1
4.4
27.2
29.6
29.8
31.1
25.2
25.9
26.7
26.8
135.5
136.7
140.3
141.4
77.4
77.7
79.6
79.4
58.1
59.0
60.7
62.0
596.6
607.3
619.1
629.3
608.0
616.5
629.4
639.0
6.2
5.9
8.6
6.2
3.8
7.4
8.0
6.7
1964:
I
II
Ill
IV.....
650.4
659.6
671.2
676.3
400.7
408.6
417.5
420.1
55.2
56.6
58.4
56.4
174.1
177.3
181.0
182.3
.171.4
174.7
178.1
181.5
100.7
100.6
102.5
104.5
95.6
96.1
97.8
99.5
60.1
62.0
64.1
65.7
22.4
23.4
24.3
24.8
37.7
38.5
39.8
40.9
35.4
34.2
33.7
33.8
5.1
4.5
4.7
5.0
5.9
4.9
5.4
5.7
32.9
32.6
33.9
35.0
27.0
27.7
28.4
29.3
143.1
145.5
145.8
146.0
79.9
80.5
79.8
79.0
63.2
65,0
66.0
67.0
645.3
655.2
666.5
671.3
655.5
664.6
676.3
681.1
10.5
5.8
7.2
3.1
10.6
6.3
7.1
2.9
1965:
I
II
Ill
IV.....
696.5
709.0
726.2
748.7
430.9
437.9
447.2
461.3
61.9
61.7
63.6
65.9
185.0
188.7
192.6
200.0
184.0
187.5
191,0
195.4
115.7
115.8
119.6
121.8
104.1
107.3
110.4
114.2
70.2
73.1
76.1
79.7
26.1
28.2
28.5
30.4
44.1
44.9
47.5
49.3
33.9
34.2
34.3
34.5
11.5
8.6
9.3
7.6
3.0
4.7
3.7
4.1
31.5
36.3
35.7
38.0
28.5
31.7
32.0
33.9
146.9
150.6
155.7
161.6
78.6
80.2
82.7
86.9
68.3
70.4
73.0
74.7
684.9
700.5
716.9
741.2
702.0
714.8
731.6
753.6
12.5
7.4
10.1
13.0
8.4
9.4
9.7
14.2
1966:
I
II
Ill
IV.....
772.3
781.5
794.8
808.6
471.8
477.0
486.2
492.0
68.9
66.3
68.8
69.1
204.3
208.0
211.0
211.7
198.6
202.8
206.3
211.2
131.8
130.7
130.2
132.6
117.9
118.4
118.3
116.1
83.1
85.2
86.4
86.9
31.1
31.2
31.9
31.2
52.0
54.0
54.5
55.7
34.8
33.2
31.9
29.2
13.9
12.3
11.9
16.5
3.2
2.0
.8
1.5
38.2
38.2
39.0
40.4
35.0
36.2
38.2
38.8
165.5
171.8
177.7
182.4
88.8
93.2
97.0
98.7
76.7
78.6
80.6
83.7
758.4
769.2
782.9
792.1
777.4
786.7
799.9
813.9
13.2
4.9
7.0
7.1
9.6
5.8
7.4
4.7
1967:
I
II
Ill
IV.....
819.3
823.9
838.7
854.4
496.3
505.5
512.7
520.3
67.6
71.0
71.1
72.0
213.9
215.6
218.0
220.9
214.9
218.8
223.6
227.4
129.3
123.7
128.5
132.9
113.8
117.4
119.3
124.5
85.5
85.7
85.9
88.4
31.7
30.9
31.5
32.0
53.8
54.8
54.4
56.5
28.3
31.6
33.4
36.0
15.4
6.3
9.3
8.4
2.3
2.1
1.1
.2
41.7
41.1
40.7
41.9
39.4
39.0
39.5
41.7
191.4
192.7
196.3
201.0
105.3
105.2
107.3
109.4
86.1
87.5
89.0
91.6
803.9
817.6
829.4
846.0
824.6
829.1
844.4
860.0
5.4
2.3
7.3
7.7
6.1
7.0
5.9
8.2
1968:
I
II
Ill
IV.....
881.4
905.7
920.9
937.8
538.1
551.9
568.0
576.9
77.1
79.1
83.3
83.6
228.1
233.3
239.4
242.0
232.9
239.6
245.3
251.3
137.2
143.4
139.7
144.4
128.8
129.3
132.0
138.4
91.9
91.2
93.1
97.5
33.1
33.2
33.2
34.8
58.8
58.0
59.9
62.7
36.9
38.2
38.9
40.9
8.4
14.1
7.7
6.0
-1.2
-.6
-1.3
-1.9
43.2
44.8
47.0
46.2
44.4
45.4
48.2
48.2
207.4
211.0
214.4
218.5
112.6
113.3
114.4
115.8
94.7
97.7
100.0
102.7
873.0
891.7
913.2
931.8
887.3
911.8
927.2
944.1
13.3
11.5
6.9
7.5
13.4
8.8
10.0
8.4
1969:
I
II
Ill
IV.....
961.9
977.0
997.2
1,005:3
588.9
600.2
610.5
622.5
85.5
85.9
86.1
86.2
246.4
251.1
255.2
259.9
257.0
263.2
269.2
276.3
155.7
155.7
160.3
154.1
144.2
146.4
150.2
148.3
101.0
103.0
106.9
107.6
35.8
36.7
38.9
39.4
65.2
66.4
68.0
68.3
43.2
43.4
43.2
40.7
11.5
9.2
10.2
5.8
-1.9
-1.8
-1.3
.1
41.9
50.9
51.0
53.2
43.8
52.7
52.4
53.1
219.1
222.9
227.6
228.7
114.3
115.2
117.8
117.1
104.8
107.7
109.8
111.6
950.4
967.8
987.0
999.5
968.2
983.2
1,003.1
1,011.3
10.7
6.5
8.5
3.3
8.2
7.5
8.2
5.2
1970:
I
II
Ill
IV.....
1,018.2
1,034.4
1,051.9
1,054.2
633.7
643.8
655.8
662.5
84.9
86.0
86.9
82.1
266.2
269.8
273.7
278.4
282.7
287.9
295.2
302.0
150.6
153.9
156.0
148.9
148.8
148.8
151.0
152.9
108.1
109.4
110.6
107.9
39.5
40.3
40.6
40.8
68.6
69.1
70.0
67.2
40.7
39.4
40.4
45.0
1.8
5.1
5.1
-4.0
1.1
2.4
.9
.4
54.7
57.6
57.3
58.3
53.5
55.2
56.4
57.9
232.7
234.2
239.2
242.4
117.5
115.9
115.9
116.3
115.2
118.4
123.2
126.1
1,016.3
1,029.3
1,046.9
1,058.2
1,024.5
1,041.0
1,058.5
1,060.3
5.2
6.5
7.0
.9
6.9
5.2
7.0
4.4
1971:
I
11
III.....
IV.....
1,099.9
1,120.6
1,140!8
1,153:1
681.7
695.7
708.0
724.3
92.7
95.5
97.8
101.5
280.3
284.1
286.7
291.0
308.7
316.1
323.5
331.8
171.3
178.9
183.4
179.1
159.1
168.0
173.2
179.4
110.5
113.4
114.8
117.9
41.5
42.3
43.1
43.8
69.0
71.1
71.7
74.1
48.6
54.6
58.3
61.5
12.3
10.9
10.2
-.3
.8
-3.8
-3.1
-6.0
59.5
59.5
62.4
56.0
58.7
63.3
65.5
61.9
246.1
249.8
252.5
255.7
116.6
117.3
118.0
118.3
129.4
132.5
134.5
137.4
1,087.6
1,109.7
1,130.6
1,153.4
1,107.4
1,128.6
1,148.1
1,160.9
18.5
7.7
7.4
4.4
11.6
8.4
7.7
8.3
1972:
I
II
Ill
IV
1,192.5
1,227.5
1,252.0
1,289.7
741.7
759.9
778.2
803.1
104.9
108.1
111.4
117.0
295.9
304.3
311.5
320.5
340.9
347.5
355.3
365.6
193.1
206.5
212.4
218.5
189.9
194.5
198.7
211.0
123.3
126.3
129.1
136.7
45.8
46.6
47.3
49.0
77.5
79.7
81.8
87.7
66.6
68.2
69.6
74.3
3.2
12.0
13.7
7.5
-8.6
-8.3
-7.9
-7.1
63.5
63.1
66.2
72.1
72.2
71.4
74.1
79.2
266.3
269.5
269.4
275.1
125.7
127.6
124.0
125.3
140.6
141.9
145.4
149.9
1,189.2
1,215.5
1,238.3
1,282.2
1,200.8
1,235.8
1,261.0
1,298.8
14.4
12.3
8.2
12.6
13.0
9.1
7.7
15.0
1973:
I
II
Ill
IV.....
1,338.4
1,374.4
1,394:1
1,435:3
827.9
843.1
861.9
877.2
125.2
124.1
123.8
121.1
330.4
337.0
347.6
357.4
372.3
381.9
390.5
398.7
232.6
246.1
241.8
257.6
222.0
227.8
232.0
232.6
144.2
152.1
157.0
159.8
51.3
54.1
56.8
57.7
92.8
98.0
100.1
102.1
77.9
75.8
75.0
111
10.6
18.2
9.8
25.0
-4.4
-1.1
3.2
4.7
81.0
88.3
94.3
103.4
85.4
89.5
91.1
98.7
282.4
286.4
287.2
295.7
128.2
128.8
125.5
128.9
154.2
157.6
161.7
166.8
1,327.8
1,356.2
1,384.3
1,410.3
1,349.2
1,386.1
1,408.0
1,449.7
16.0
11.2
5.8
12.4
15.0
8.8
8.6
7.7
1974:
I
II
Ill
IV.....
1,450.0
1,487.6
1,514.8
1,551.6
895.4
923.6
951.4
959.2
118.9
123.0
128.8
118.6
369.1
380.4
391.7
396.8
407.3
420.2
430.9
443.7
244.1
252.3
245.5
255.9
231.5
234.9
239.9
235.4
162.6
167.4
172.5
175.4
59.0
61.3
61.4
63.2
103.6
106.0
111.1
112.2
69.0
67.5
67.4
60.0
12.5
17.4
5.6
20.4
4.3
-5.6
-9.1
-2.2
114.6
123.8
124.5
134.4
110.3
129.4
133.6
136.6
306.2
317.4
327.0
338.8
132.5
135.6
139.2
145.5
173.7
181.8
187.9
193.2
1,437.4
1,470.2
1,509.3
1,531.2
1,467.2
1,504.2
1,530.3
1,565.2
4.2
10.8
7.5
10.1
7.9
9.4
11.1
5.9
1975:
I
II
Ill
IV.....
1,567.2
1,603.1
1,659.9
1,710.5
984.4
1,013.7
1,047.2
1,076.0
123.2
128.3
138.0
144.4
404.5
415.6
427.8
435.1
456.7
469.8
481.5
496.5
218.7
216.8
237.7
247.7
228.7
230.7
239.1
247.3
171.1
170.8
174.5
178.6
61.7
60.4
61.3
62.0
109.4
110.4
113.2
116.6
57.7
59.9
64.6
68.7
-10.0
-14.0
-1.4
.3
13.1
16.6
11.6
12.9
138.0
131.8
133.7
141.7
124.9
115.2
122.1
128.7
350.9
356.1
363.3
373.9
148.1
150.6
152.4
157.2
202.8
205.5
210.9
216.7
1,577.2
1,617.1
1,661.3
1,710.2
1,578.8
1,615.0
1,673.1
1,726.7
4.1
9.5
14.9
12.8
12.6
10.5
11.4
12.3
1976:
I
II
Ill
IV.....
1,770.3
1,803.1
1,837.0
1,885.3
1,111.1
1,131.1
1,160.8
1,196.1
154.1
156.3
159.6
165.3
445.4
452.7
462.6
472.6
511.5
522.1
538.6
558.2
274.8
291.5
296.6
305.0
260.1
269.1
275.8
294.5
183.9
188.4
195.1
202.0
64.1
65.1
66.7
67.8
119.8
123.4
128.5
134.1
76.2
80.7
80.6
92.5
14.7
22.5
20.8
10.5
4.2
-1.1
-5.0
-7.2
143.1
146.0
150.9
155.4
138.9
147.1
155.8
162.7
380.3
381.5
384.6
391.5
157.1
158.6
160.9
165.6
223.2
222.9
223.7
225.9
1,755.6
1,780.7
1,816.2
1,874.8
1,786.3
1,820.0
1,854.4
1,903.5
14.7
7.6
7.7
10.9
11.1
5.8
8.2
13.5
1977:
I
II
Ill
IV.....
1,939.1
2,006.6
2,067.5
2,112.4
1,231.6
1,260.3
1,291.9
1,329.9
173.7
178.8
183.2
189.2
483.9
492.2
498.7
513.8
574.1
589.3
610.0
626.9
326.7
355.1
378.2
385.4
311.9
335.6
347.3
361.3
214.3
224.0
232.3
244.3
69.7
73.6
76.4
78.5
144.6
150.3
155.9
165.8
97.6
111.7
115.0
116.9
14.8
19.5
30.9
24.1
-21.6
-21.7
-21.1
-30.3
154.8
161.3
161.8
157.1
176.4
183.0
182.9
187.4
402.4
413.0
418.5
427.4
170.3
175.4
177.1
181.4
232.1
237.6
241.4
246.0
1,924.3
1,987.2
2,036.6
2,088.2
1,960.2
2,027.8
2,088.7
2,131.5
11.9
14.7
12.7
9.0
11.0
13.7
10.3
10.5
1978:
I
II
Ill
IV.....
2,150.4 1,359.8
2,276.6 1,419.0
2,338.5 ;i ,452.1
2,418.0 1,490.6
187.0
204.7
205.0
210.2
524.4
542.9
558.5
575.2
648.5
671.4
688.6
705.2
396.2
429.3
448.8
469.7
370.8
405.0
423.9
441.2
249.7
274.5
288.1
302.1
79.2
88.6
95.8
102.0
170.5
185.9
192.3
200.2
121.1
130.5
135.8
139.1
25.5
24.3
25.0
28.5
-39.3
-23.3
-24.6
-17.3
164.0
185.6
190.5
204.5
203.3
208.8
215.1
221.8
433.7
451.6
462.1
475.0
184.0
190.0
193.4
200.0
249.7
261.6
268.7
275.0
2,125.0
2,252.4
2,313.5
2,389.5
2,172.9
2,295.8
2,360.0
2,443.3
7.4
25.6
11.3
14.3
7.2
26.2
11.3
13.8
1979:
I
II
Ill
IV.....
2,470.9
2,529.3
2,601.5
2,663.8
1,531.5
1,566.9
1,666.5
211.5
210.3
218.9
216.9
593.9
610.5
635.8
657.6
726.2
746.0
765.5
792.0
.478.5
490.9
495.9
497.3
454.6
463.5
483.8
488.7
316.0
322.6
340.3
347.5
104.8
110.0
119.1
125.7
211.3
212.7
221.1
221.8
138.6
140.9
143.5
141.2
23.9
27.4
12.1
8.6
-19.2
-23.4
-24.4
-29.0
210.7
219.7
232.9
251.5
229.8
243.1
257.3
280.5
480.1
494.9
509.9
529.0
203.0
208.7
212.7
222.2
277.1
286.3
297.2
306.8
2,447.1
2,501.9
2,589.4
2,655.3
2,497.5
2,559.8
2,638.6
2,701.3
9.0
9.8
11.9
9.9
10.0
9.3
14.7
10.6
1980:
I
II
Ill
IV.....
2,732.9
2,736.9
2,793.6;
2,918.8
1,716.0
1,719.3
1,777.1
1,839.2
220.0
199.8
213.1
223.8
679.7
686.6
699.5
718.5
816.3
832.9
864.5
897.0
504.3
468.2
441.7
497.2
494.4
460.5
475.5
506.4
359.8
349.3
359.6
375.0
130.3
129.8
133.6
141.9
229.5
219.5
226.0
233.2
134.5
111.2
115.9
131.3
9.9
7.8
-33.9
-9.1
-37.2
-16.7
3.3
-8.9
267.1
275.9
282.5
290.3
304.3
292.6
279.2
299.2
549.8
566.2
571.6
591.3
232.8
244.4
245.5
258.4
317.0
, 321.8
326.0
332.9
2,723.0
2,729.2
2,827.5
2,927.9,
2,771.7
2,773.7
2,829.2
2,948.7
10.8
.6
8.5
19.2
10.6
.9
15.2
15.0
1981:
I
I!
Ill
IV.....
3,052.6
3,086.2
3,183.5 I
3,203.1
1,893.1
1,926.7
1,970.5
1,986.4
233.5
228.3
239.2
224.3
745.8
756.2
763.2
770.2
913.8
942.2
968.1;
991.8
562.4
549.4
590.7
580.7
523.7
537.7
546.8
555.9
391.7
408.9
426.6
446.3
147.5
158.3
166.8
185.7
244.2
250.6
259.8
260.6
132.0
128.9
120.2
109.6
38.8
11.7
44.0
24.8
-17.0
-16.4
-10.2
-16.3
302.8
305.5
299.7
303.2
319.7
322.0
309.9
319.4
614.1
626.5
632.5
652.3
268.2
280.5
283.3
295.3
345.9
346.0
349.3
357.1
3,086.0
; 3,118.3
3,217.9
3,242.0
19,6
4.5
13.2
2.5
12.3
8.3
8.7
5.0
f1,620.1
3,013.8
3,074.5
3,139.5
3,178.3
;
August 2 0 0 2
GDP and Other Major NIPA Series
126
Table 1. Gross Domestic Product—Continued
[Billions of dollars; quarterly estimates are seasonally adjusted at annual rates]
Personal consumption expenditures
Net exports of goods and
services
Gross private domestic investment
Government consumption
expenditures and gross
investment
Fixed investment
Year and
quarter
Gross
domestic
product
Total
1982:
I
II
Ill
IV.
Residential
Change
in
private
inventories
Nonresidential
Durable
goods
Nondurable Services
goods
Total
Total
Structures
Equipment
and
software
Total
Net
Exports Imports
Total
Federal
State
and
local
Percent change from
preceding period
Final
sales of
domestic
product
Gross
national
product
Final
Gross
sales of
domestic domestic
product
product
3,193.8 2,023.0
3,248.9 2,048.8
3,278.6 2,093.7
3,315.6 2,151.7
234.0
236.6
239.1
251.2
776.2
778.6
793.0
802.7
1,012.8
1,033.6
1,061.6
1,097.8
525.2
529.2
526.3
483.5
546.7
533.4
520.5
523.3
441.9
430.6
418.2
410.5
183.8
179.6
170.4
166.2
258.1
251.0
247.8
244.3
104.8
102.8
102.3
112.8
-21.5
-4.2
5.8
-39.8
-17.2
-5.0
-30.3
-29.7
292.3
294.2
279.0
265.1
309.5
299.1
309.3
294.9
662.7
675.8
688.9
710.1
300.6
307.0
314.7
328.9
362.1
368.8
374.2
381.3
3,215.2
3,253.0
3,272.8
3,355.4
3,230.2
3,289.8
3,313.3
3,349.2
-1.2
7.1
3.7
4.6
4.7
4.8
2.5
10.5
-35.1
-7.7
-42
23.9
-24.6
-45.5
-65.2
-71.3
270.6
272.5
278.2
286.7
295.3
318.0
343.4
358.0
719.1
731.3
750.7
742.7
334.2
343.4
355.8
344.4
384.9
387.9
394.9
398.3
3,413.6
3,497.2
3,587.1
3,664.8
3,412.5
3,526.2
3,620.5
3,728.0
7.8
13.8
11.1
12.4
7.1
10.2
10.7
9.0
1983: I
II
Ill
IV.
3,378.5
3,489.6
3,582.9
3,688.8
2,188.4
2,260.0
2,319.4
2,377.9
255.7
276.0
288.3
304.9
806.2
824.0
842.4
852.1
1,126.4
1,160.0
1,188.8
1,220.9
495.7
543.7
578.0
639.5
530.8
551.4
582.2
615.6
399.9
403.2
419.6
447.0
156.7
147.8
151.0
155.5
243.2
255.3
268.6
291.6
130.9
148.2
162.6
168.5
1984: I
II
Ill
IV.
3,813.4
3,909.4
3,974.7
4,033.5
2,427.1
2,481.4
2,517.1
2,568.0
316.7
326.1
326.7
338.0
866.4
883.8
889.7
898.7
1,244.1
1,271.4
1,300.7
1,331.4
709.3
736.0
753.2
743.6
636.3
666.6
681.9
695.7
460.7
485.2
501.1
514.3
164.5
174.4
181.0
184.2
296.2
310.8
320.1
330.2
175.6
181.4
180.8
181.3
73.0 -94.3
69.3 -103.5
71.3 -103.1
48.0 -107.1
293.7
303.0
306.5
309.2
388.0
406.5
409.6
416.4
771.2
795.5
807.5
829.0
361.5
376.2
377.2
390.6
409.8
419.3
430.2
438.4
3,740.4
3,840.0
3,903.4
3,985.5
3,849.6
3,945.9
4,011.0
4,065.8
14.2
10.5
6.9
6.0
8.5
11.1
6.8
8.7
1985:
I
II
Ill
IV.
4,109.7
4,170.1
4,252.9
4,319.3
2,632.9
2,682.1
2,749.8
2,785.6
351.8
356.6
379.1
365.6
910.5
924.2
932,8
947.5
1,370.6
1,401.3
1,437.9
1,472.5
721.1
734.2
727.7
762.3
704.9
712.6
711.4
729.2
521.5
529.8
523.8
535.3
193.5
194.1
191.0
194.6
328.0
335.7
332.8
340.7
183.4
182.8
187.7
193.9
16.2 -91.4
21.7 -114.7
16.3 -117.2
33.1 -133.6
305.9
303.9
297.0
305.3
397.3
418.6
414.2
438.9
847.1
868.4
892.5
905.1
399.3
408.2
421.0
425.1
447.9
460.2
471.5
480.0
4,093.5
4,148.5
4,236.6
4,286.2
4,135.4
4,197.8
4,275.5
4,344.8
7.8
6.0
8.2
6.4
11.3
5.5
8.8
4.8
1986: I
II
Ill
IV.
4,375.3
4,415.2
4,483.4
4,537.5
2,825.1
2,857.0
2,928.6
2,970.0
372.7
387.3
424.7
420.5
957.3
950.6
956.9
969.1
1,495.1
1,519.1
1,547.0
1,580.4
764.0
754.2
733.6
737.1
733.6
738.5
740.6
749.8
529.1
520.2
516.6
524.3
190.9
173.9
168.3
170.1
338.2
346.3
348.3
354.2
204.5
218.3
224.1
225.6
30.3
15.7
-7.0
-12.7
-127.1
-129.2
-138.5
-132.8
312.0
314.2
320.1
334.9
439.0
443.4
458.6
467.7
913.2
933:2
959.7
963.2
421.8
434.8
452.0
446.1
491.4
498.4
507.7
517.1
4,344.9
4,399.6
4,490.4
4,550.3
4,397.0
4,429.6
4,499.7
4,547.1
5.3
3.7
6.3
4.9
5.6
5.1
8.5
5.4
1987: I
II
Ill
IV.
4,612.3
4,695.8
4,770.2
4,891.6
3,011.4
3,081.5
3,145.5
3,182.9
397.3
417.2
437.8
426.5
994.4
1,011.9
1,022.0
1,033.1
1,619.7
1,652.5
1,685.7
1,723.3
762.6
766.4
765.3
831.6
734.6
749.9
764.3
768.5
509.3
520.7
536.9
540.1
165.4
167.3
175.3
180.3
343.9
353.3
361.6
359.8
225.3
229.2
227.4
228.4
28.0
16.5
1.0
63.1
-139.4
-144.7
-142.8
-142.2
337.5
356.8
373.7
394.5
476.8
501.5
516.5
536.7
977.6
992.6
1,002.2
1,019.3
452.1
459.7
461.5
468.5
525.5
532.9
540.7
550.8
4,584.3
4,679.3
4,769.2
4,828.5
4,623.5
4,710.3
4,784.0
4,906.8
6.8
7.4
6.5
10.6
3.0
8.5
7.9
5.1
1988: I
II
Ill
IV
4,957.0
5,066.5
5,151.5
5,258.3
3,259.8
3,319.5
3,387.0
3,460.1
446.5
448.5
445.3
460.5
1,049.4
1,070.3
1,095.2
1,116.5
1,763.8
1,800.7
1,846.5
1,883.0
797.7
819.2
825.7
842.0
780.7
799.5
807.5
822.9
551.1
566.3
571.8
584.5
177.5
182.8
182.3
184.0
373.6
383.5
389.5
400.5
229.6
233.3
235.7
238.4
17.0 -121.0
19.7 -103.4
18.2 -96.3
19.1 -104.4
421.0
441.9
455.8
469.0
542.0
545.3
552.1
573.5
1,020.5
1,031.2
1,035.1
1,060.7
461.2
460.0
457,2
472,2
559.3
571.2
578.0
588.5
4,940.0
5,046.9
5,133.3
5,239.2
4,977.8
5,085.1
5,167.5
5,276.6
5.5
9.1
6.9
8.6
9.6
8.9
7.0
8.5
1989: I
II
Ill
IV.
5,379.0
5,461.7
5,527.5
5,588.0
3,511.8
3,572.9
3,626.9
3,675.1
460.5
467.5
478.7
464.3
1,134.3
1,161.3
1,174.0
1,191.9
1,917.0
1,944.1
1,974.2
2,018.8
881.2
875.4
868.3
866.7
833.0
839.4
858.4
850.1
596.0
607.1
628.1
622.3
189.0
189.0
197.6
197.9
406.9
418.1
430.6
424.4
237.0
232.3
230.2
227.8
48.2
36.0
10.0
16.6
-84.2
-81.4
-79.6
-77.6
492.0
512.5
509.4
522.0
576.2
594.0
589.0
599.6
1,070.3
1,094.8
1,111.9
1,123.9
470.4
482.6
490.0
487.2
599.8
612.2
621.9
636.8
5,330.8
5,425.6
5,517.5
5,571.4
5,397.2
5,479.1
5,547.5
5,614/1 .
9.5
6.3
4.9
4.5
7.2
7.3
6.9
4.0
1990: I
II
Ill
IV.
5,720.8 3,754.8
5,800.0 3,806.2
5,844.9 3,871.6
5,847.3 3,893.4
486.4
469.2
463.7
451.0
1,221.7
1,233.2
1,258.5
1,270.9
2,046.7
2,103.8
2,149.3
2,171.6
881.6
883.0
869.4
812.8
867.7
849.3
847.6
824.2
633.6
625.1
635.4
627.2
203.7
204.2
205.2
197.0
429.9
420.9
430.2
430.2
234.1
224.2
212.1
196.9
13.9
33.7
21.9
-11.3
-74.2
-60.7
-78.8
-72.1
541.6
554.6
555.3
577.1
615.8
615.3
634.1
649.2
1,158.5
1,171.4
1,182.7
1,213.1
502.0
506.9
505.8
519.1
656.5
664.6
676.9
694.0
5,706.8
5,766.3
5,823.1
5,858.6
5,745.5
5,825.8;
5,866.1
5,891.5
9.8
5.7
3.1
.2
10.1
4.2
4.0
2.5
1991: I
II
Ill
IV.
5,886.3
5,962.0
6,015.9
6,080.7
3,904.6
3,958.6
3,998.2
4,023.6
439.4
441.4
448.9
442.5
1,267.8
1,281.0
1,284.9
1,281.5
2,197.4
2,236.2
2,264.4
2,299.5
786.5
780.5
801.5
832.1
801.8
798.3
800.5
801.1
616.8
611.7
605.9
601.1
194.5
189.7
177.6
172.0
422.3
421.9
428.4
429.1
185.0
186.6
194.5
200.0
-15.3
-17.7
1.0
31.1
-33.4
-12.6
-22.3
-14.5
577.1
602.5
602.3
624.5
610.5
615.1
624.5
639.0
1,228.6
1,235.5
1,238.4
1,239.5
530.3
532.2
526.9
520.1
698.3
703.3
711.5
719.4
5,901.6
5,979.7
6,014.8
6,049.6
5,919.1
5,983.6
6,034.0
6,106.8
2.7
5.2
3.7
4.4
3.0
5.4
2.4
2.3
1992:
I
II
Ill
IV.
6,183.6
6,276.6
6,345.8
6,469.8
4,123.1
4,171.5
4,225.7
4,318.3
459.0
463.3
474.2
486.6
1,305.2
1,309.2
1,326.0
1,351.4
2,358.9
2,399.1
2,425.4
2,480.3
810.9
867.2
878.7
909.8
811.8
845.4
859.6
889.6
600.1
621.5
633.0
649.9
170.2
170.7
172.6
175.4
429.8
450.7
460.4
474.5
211.8
223.9
226.6
239.7
-1.0
21.8
19.1
20.2
-7.7
-27.1
-36.4
-40.1
629.5
633.4
637.2
647.0
637.3
660.5
673.6
687.1
1,257.3
1,265.1
1,277.8
1,281.8
527.1
530.5
540.6
539.9
730.2
734.5
737.2
741.9
6,184.5
6,254.8
6,326.7
6,449.6
6,208.6
6,301:1
6,367.3
6,492.4
6.9
6.2
4.5
8.0
9.2
4.6
4.7
8.0
1993: I
II
Ill
IV.
6,521.6
6,596.7
6,655.5
6,795.5
4,350.6
4,421.3
4,488.2
4,558.7
487.6
507.5
520.8
537.9
1,355.7
1,370.4
1,379.6
1,395.0
2,507.3
2,543.4
2,587.8
2,625.8
938.0
943.6
943.0
995.8
901.9
919.3
936.1
978.8
659.3
675.2
683.2
711.4
176.7
177.5
179.2
184.2
482.6
497.7
503.9
527.3
242.7
244.1
252.9
267.3
36.1
24.3
7.0
17.0
-46.5
-57.3
-72.0
-66.2
646.4
660.6
646.4
678.8
692.9
717.9
718.3
744.9
1,279.5
1,289.1
1,296.2
1,307.1
528.9
525.3
526.9
528.0
750.5
763.9
769.3
779.1
6,485.5
6,572.4
6,648.5
6,778.5
6,552.0
6,620.6
6,685.1
6,809.1
3.2
4.7
3.6
8.7
2.2
5.5
4.7
8.1
1994: I
II
Ill
IV.
6,887.8 4,613.8
7,015.7 4,677.5
7,096.0 4,753.0
7,217.7 4,821.3
546.2
553.6
563.2
580.0
1,409.7
1,425.1
1,449.9
1,467.2
2,657.9
2,698.8
2,739.8
2,774.0
1,042.0 998.1
1,106.4 1,026.6
1,094.0 1,042.0
1,146.1 1,071.6
721.7
738.2
752.7
781.8
178.0
188.2
189.9
193.9
543.7
550.0
562.8
587.9
276.4
288.4
289.3
289.8
43.8
79.8
52.0
74.6
-71.3
-84.2
-99.1
-93.8
683.8
714.5
736.1
765.8
755.1
798.7
835.2
859.6
1,303.3
1,316.1
1,348.1
1,344.0
515.8
515.9
532.5
520.0
787.5
800.2
815.6
824.0
6,844.0
6,936.0
7,044.0
7,143.1
6,908.5
7,032.4
7,111.1
7,232.6
5.5
7.6
4.7
7.0
3.9
5.5
6.4
5.8
1995: I
II
Ill
IV.
7,297.5
7,342.6
7,432.8
7,529.3
4,868.6
4,943.7
5,005.2
5,058.4
578.2
584.4
596.2
600.0
1,475.8
1,492.2
1,502.6
1,518.5
2,814.7
2,867.1
2,906.3
2,939.9
1,162.8
1,133.1
1,123.5
1,155.6
1,100.1
1,097.2
1,110.1
1,135.4
812.5
820.3
825.2
842.3
200.5
204.8
206.2
207.0
612.0
615.5
619.0
635.3
287.6
276.9
284.9
293.1
62.7 -94.5
35.8 -109.0
13.4 -74.2
20.2 -59.3
787.7
802.5
834.1
850.0
882.2
911.5
908.3
909.3
1,360.6
1,374.9
1,378.3
1,374.5
523.4
525.5
525.0
512.3
837.1
849.4
853.3
862.2
7,234.8
7,306.8
7,419.4
7,509.1
7,318.9
7,367.9
7,444.1
7,552.7
4.5
2.5
5.0
5.3
5.2
4.0
6.3
4.9
1996: I
II
Ill
IV.
7,629.6
7,782.7
7,859.0
7,981.4
5,130.5
5,218.0
5,263.7
5,337.9
606.4
621.3
616.7
621.5
1,539.6
1,569.4
1,578.8
1,608.4
2,984.4
3,027.4
3,068.2
3,107.9
1,172.4
1,231.5
1,282.6
1,284.3
1,165.6
1,201.7
1,232.6
1,250.9
865.1
885.4
913.6
933.7
213.4
220.0
226.3
240.3
651.7
665.4
687.3
693.4
300.5
316.3
319.0
317.2
6.8 -75.8
29.8 -89.8
50.0 -110.6
33.5 -79.7
853.3
864.7
865.6
913.1
929.1
954.5
976.1
992.8
1,402.6
1,423.0
1,423.4
1,438.9
530.6
537.2
529.1
529.4
872.0
885.7
894.3
909.4
7,622.8
7,752.9
7,809.0
7,947.9
7,656.5
7,800.3
7,870.5
7,997.7
5.4
8.3
4.0
6.4
6.2
7.0
2.9
7.3
1997: I
II
Ill
IV.
8,124.2
8,279.8
8,390.9
8,478.6
5,429.9
5,470.8
5,575.9
5,640.6
635.1
624.4
652.4
658.3
1,626.8
1,627.3
1,653.1
1,659.0
3,168.0
3,219.1
3,270.4
3,323.3
1,324.2
1,397.7
1,405.7
1,434.5
955.5
1,275.5
1,310.0 984.3
1,355.8 1,026.0
1,369.3 1,031.8
246.9
247.7
260.6
267.9
708.6
736.6
765.4
764.0
320.0
325.7
329.8
337.5
48.8 -89.2
87.7 -75.0
49.9 -88.6
65.1 -104.6
927.8
966.8
988.7
982.4
1,017.1
1,041.7
1,077.3
1,087.0
1,459.2
1,486.3
1,498,0
1,508.2
529.2
543.4
541.3
538.9
930.0
942.9
956.6
969.3
8,131.8
8,291.8
8,397.7
8,480.4
7.3
7.9
5.5
4.2
6.6
5.9
7.5
3.5
1998: I
II
Ill
IV
8,627.8
8,697.3
8,816.5
8,984.5
5,719.9
5,820.0
5,895.1
5,989.1
666.8
689.3
691.7
725.1
1,675.8
1,697.2
1,716.7
1,744.4
3,377.3
3,433.5
3,486.7
3,519.6
1,528.7
1,498.4
1,538.6
1,589.3
1,422.0
1,457.5
1,469.1
1,513.9
1,074.8
1,099.9
1,098.6
1,131.7
273.2
284.9
283.9
287.5
801.6
815.0
814.7
844.2
347.2
357.6
370.5
382.2
106.7
40.9
69.5
75.4
-122.6
-154.9
-165.3
-164.1
974.1
959.2
946.7
979.7
1,096.7
1,114.1
1,112.0
1,143.8
526.1
1,50i!8
1;533.8 ' 542.9
1,548.1
539.5
1,570:3: 548.4
975.8
990.9
1,008.6
1,021.9
8,075.4
8,192.1
8,341.1;
8,413.5
8,521.1
8,656.4,
8,747.0'
8,909.1
8,634.5
8,700.3
8,802.1
8,975.4
7.2
3.3
5.6
7.8
5.2
6.5
4.3
7.6
1999: I
II
HI
IV.
9,092.7
9,171.7
9,316.5
9,516.4
6,076.6
6,195.6
6,299.4
6,414.5
728.7
749.9
765.1
779.9
1,773.1
1,814.4
1,841.3
1.891.7
3,574.8
3,631.3
3,693.1
3,742.9
1,618.0
1,597.8
1,637.9
1,693.2
1,543.3
1,570.1
1,591.1
1,604.3
1,150.0
1,167.7
1,184.5
1,191.9
285.5
283.0
279.9
286.3
864.5
884.7
904.6
905.5
393.3
402.4
406.5
412.5
74.7
27.7
'46:8
88.9
-196.4
-241.8
-274.6
-286.7
4.9
3.5
6.5
8.9
5.0
5.7
5.6
7.0
2000: 1
II
Ill
IV.
9,649.5
9,820.7
9,874.8
9,953.6
6,552.2
6,638.7
6,736.1
6,808.0
808.4
799.3
810.6
797.2
1,926.9
1,964.9
1,988.9
2,011.1
3,816.9
3,874.5
3,936.6
3,999.7
1,71.1.4
1,786:3
1,766.4
1,757.4
1,664.6
1,697.1
1,705.2
1,700.4
1,236.6
1,268.3
1,283.4
1,274.8
299.5
308.5
320.9
328.0
937.1
959.8
962.5
946.8
428.0
428.8
421.8
425.6
46.8 -330.6
89.2 - -353.2
61.1 -384.9
57.1 -393.2
5.7
7.3
2.2
3.2
7.6
5.5
3.4
3.4
2001: I
II
Ill
IV.
10,028.1
10,049.9
10,097.7
10,152.9
6,904.7
6,959:8
6,983.7
7,099.9
816.8
820.3
824.0
882.6
2,031.5
2,044.8
2,044.3
2,044.4
4,056.4
4,094.7
4,115.4
4,172.9 ,
1,671.1
1,597.2
1,574.9
1,500.7,
1,698.3
1,654.3
1,635.5
1,597.2
1,258.3
1,210.0
1,188.1
1,149.8
333.7
329.9
332.0
302.3, .
924.6
880.2
856.1
847.4
440.0
444.2
447.4
447.4
-27.2
-57.1
-60.6
-96.5
2002: I
10,313.1
7,174.2
859.0
2,085.1
4,230.1 1,559.4 1,589.4 1,126.8 , 288.3
838.5
462.6
C
959.2 1,155.6
970.2 1,212.0
996.8 1,271.4
1,031.2 1,317.9
1,594.6;
1,620.1
1,653.9
1,695.4
550.0
556.1
569.0
584.9
1,044.5
1,064.0
1,084.8
1,110:5
9.G18.0 ?9;112.7
9,144.0 ; 9,195.9
9,269.7 9,333.6
9,427.5 9,546.0
1,055.9
1,098.0
1,130.9
1,119.8
1,386.5
1,451:1
1,515.8
1,513.0
1,716.5
1 748.8
1,757.2
1,781.4
575.7
598.5
589.7
592.9
1,140.8
1,150.3
1,167.4
1,188.5
9,602.6
9,731.5
9,813.6
9,896:6 (
-372.7
-365,7
-312.6
-344.5
1,100.0
1,059.7
1,005.8
971.1
1,472.8
1,425.3
1,318.4
1,315.6
1,825'.0jt > 613.3
1,858.5 : 624.8
627.4
1,851-7
1,896.8 , 646.9
-29.9 -360.1
977.5
1,337.5
1,939.5
672.0
9,670.5
9,846.4;?
9,892.5
9,982.8
1,211.7
1,233.7
1,224.3
1,249.8
10,05513 ,10,038.0
10,107.0 10,081.0
10,158.3 10,109.3
10,249.4 10,188.1
3.0
.9
1.9
2.2
6.6
2.1
2.0
3.6
1,267.5
10,343.0 -10,314.9
6.5
3.7
August 2002
SURVEY OF CURRENT BUSINESS
Table 2A. Real Gross Domestic Product
[Billions of chained (1996) dollars; quarterly estimates are seasonally adjusted at annual rates]
Personal
rnnsumoYear and
quarter
GDP
uu I U l i III ^J
tion
expenditures
Gross
private
domestic
investment
Exports and impprts of
goods and services
Percent change from preceding period
Government 1
Exports
Residual
Imports
Final
sales of
domestic
product
Gross
domestic
purchases
Final
sales to
domestic
purchasers
GNP
GDP
Final
sales of
domestic
product
Gross
domestic
purchases
Final
sales to
domestic
purchasers
GNP
1929
822.2
625.7
93.6
35.8
46.3
110.1
3.3
830.9
838.3
847.4
828.9
1930
1931
1932
1933
1934
751.5
703.6
611.8
603.3
668.3
592.3
574.3
523.0
511.0
546.9
62.5
39.2
11.8
17.5
31.6
29.6
24.6
19.3
19.4
21.5
40.3
35.1
29.2
30.4
31.0
121.3
126.6
122.4
118.0
133.0
-13.9
-26.0
-35.5
-32.2
-33.7
774.2
729.5
646.5
626.2
685.2
768.5
721.1
628.4
620.3
685.2
792.0
747.9
664.3
644.0
702.7
757.9
708.8
616.1
606.8
671.4
-8.6
-6.4
-13.0
-1.4
-6.8
-5.8
-11.4
-3.1
ms
9.4
-8.3
-6.2
-12.9
-1.3
10.5
1935
1936
1937
1938
1939
728.3
822.5
865.8
835.6
903.5
580.6
639.6
663.5
652.6
689.0
58.4
74.9
93.6
61.9
79.6
22.7
23.9
30.1
29,8
31.4
40.7
40.2
45.2
35.2
36.9
137.0
158.9
153.2
164.6
179.7
-29.7
-34.6
-29.4
-38.1
-39.3
728.4
823.8
859.3
846.7
909.7
752.7
848.0
888.6
849.6
918.8
753.0
849.5
882.2
861.1
925.2
731.9
825.5
869.9
840.0
908.0
9.0
6.3
9.8
7.1
9.0
12.9
13.1
12.7
12.8
12.8
5.3
4.3
4.8
3.8
5.4
-3.5
-1.5
-4.4
-2.4
-3.4
8.1
7.4
8.1
7.4
8.1
1940
1941
1942
1943
1944
980.7
1,148.8
1,360.0
1,583.7
1,714.1
724.9
776.7
758.3
779.1
801,7
110.9
135.4
71.6
42.3
52.2
35.7
36.7
24.1
20.1
21.6
37.8
46.5
42.2
53,2
55.7
182.4
303.0
711.1
1,059.9
1,195.6
-35.4
-56.5
-162.9
-264.5
-301.3
969.4
1,125.7
1,359.5
1,604.8
1,737.3
993.2
1,172.5
1,404.2
1,651.6
1,786.0
981.7
1,148.9
1,404.2
1,674.0
1,810.6
984.5
1,153.8
1,364.8
1,588.2
1,718.8
8.5
6.6
8.1
6.1
8.4
17.1
18.4
16.5
16.1
20.8
18.0
18.1
19.8
17.6
17.0
22.2
19.2
17.2
18.3
16.4
8.2
8.3
8.1
8.2
8.2
1945
1946
1947
1948
1949
1,693.3
1,505.5
1,495.1
1,560.0
1,550.9
851.8
956.9
976.4
998.1
1,025.3
69.0
175.0
168.6
215.3
164.3
30.5
66.5
75.9
59.8
59.2
59.2
49.1
46.6
54.4
52.5
1,041.0
359.7
307.1
328.9
367.3
-239.8
-3.5
13.7
12.3
-12.7
1,721.4
1,483.3
1,517.0
1,544.8
1,580.5
1,752.4
1,492.8
1,465.4
1,565.0
1,554.6
1,782.0
1,469.8
1,487.4
1,549.5
1,584.8
1,697.1
1,511.0
1,502.7
1,569.0
1,559.1
-1.2
-11.1
-.9
-13.8
-1.6
-17.5
-1.3
-11.0
-.7
4.3
-.6
2.3
1.8
2.3
-1.9
-14.8
-1.8
1.2
4.2
2.3
-.5
4.4
-.6
1950
1951
1952
1953
1954
1,686.6
1,815.1
1,887.3
1,973.9
1,960.5
1,090.9
1,107.1
1,142.4
1,197.2
1,221.9
232.5
233.2
211.1
221.0
210.8
51.8
63.5
60.6
56.5
59.3
62.0
64.5
70.1
76.7
72.9
367.4
500.0
605.1
647.5
602.9
6.0
-24.2
-61.8
-71.6
-61.5
1,672.4
1,789.2
1,887.0
1,979.7
1,984.3
1,713.7
1,830.5
1,915.0
2,016.5
1,994.8
1,699.4
1,804.2
1,914.9
2,022.7
2,019.3
1,695.6
1,826.3
1,899.2
1,985.1
1,972.5
8.7
7.6
4.0
4.6
-.7
5.8
7.0
5.5
4.9
.2
-1.1
7.2
6.2
6.1
5.6
-.2
8.8
7.7
4.0
4.5
-.6
1955
1956
1957
1958
1959
2,099.5
2,141.1
2,183.9
2,162.8
2,319.0
1,310.4
1,348.8
1,381.8
1,393.0
1,470.7
262.1
258.6
247.4
226.5
272.9
65.6
76.5
83.1
71.8
72.4
81.7
88.4
92.1
96.4
106.6
580.4
580.8
606.7
626.2
661.4
-37.3
-35.2
-43.0
-58.3
-51.8
2,093.9
2,141.9
2,196.5
2,179.3
2,317.4
2,137.3
2,171.7
2,210.1
2,208.5
2,377.2
2,131.8
2,172.7
2,223.2
2,225.7
2,376.0
2,113.0
2,156.0
2,199.6
2,176.3
2,332.8
7.1
2.0
2.0
7.1
1.6
1.8
-.1
7.6
5.6
1.9
2.3
.1
6.8
7.1
2.0
2.0
7.2
5.5
2.3
2.6
-.8
6.3
1960
1961
1962
1963
1964
2,376.7
2,432.0
2,578.9
2,690.4
2,846.5
1,510.8
1,541.2
1,617.3
1,684.0
1,784.8
272.8
271.0
305.3
325.7
352.6
87.5
88.9
93.7
100.7
114.2
108.0
107.3
119.5
122.7
129.2
661.3
693.2
735.0
752.4
767.1
-47.7
-55.0
-52.9
-49.7
-43.0
2,378.5
2,435.5
2,569.5
2,683.6
2,844.1
2,417.5
2,471.5
2,626.9
2,734.7
2,883.0
2,419.7
2,475.2
2,617.6
2,728.1
2,880.8
2,391.9
2,448.8
2,598.0
2,710.8
2,868.5
2.5
2.3
6.0
4.3
5.8
2.6
2.4
5.5
4.4
6.0
1.7
2.2
6.3
4.1
5.4
1.8
2.3
5.8
4.2
5.6
2.5
2.4
6.1
4.3
5.8
1965
1966
1967
1,897.6
2,006.1
2,066.2
2,184.2
2,264.8
402.0
437.3
417.2
441.3
466.9
116.5
124.3
127.0
136.3
143.7
142.9
164.2
176.2
202.4
213.9
791.1
862.1
927.1
956.6
952.5
-35.8
-38.1
-53.0
-49.9
-42.6
3,008.5
3,191.1
3,288.2
3,450.0
3,555.9
3,079.1
3,292.3
3,382.6
3,555.9
3,664.5
3,059.0
3,255.6
3,362.5
3,540.2
3,649.3
3,051.7
3,248.9
3,330.4
3,489.8
3,594.1
6.4
6.6
2.5
4.8
3.0
5.8
6.1
3.0
1969
3,028.5
3,227.5
3,308.3
3,466.1
3,571.4
6.8
6.9
2.7
5.1
3.1
6.2
6.4
3.3
5.3
3.1
6.4
6.5
2.5
4.8
3.0
1970
1971
1972
1973
1974
3,578.0
3,697,7
3,898.4
4,123.4
4,099.0
2,317.5
2,405.2
2,550.5
2,675.9
2,653.7
436.2
485.8
543.0
606.5
561.7
159.3
160.4
173.5
211.4
231.6
223.1
235.0
261.3
273.4
267.2
931.1
913.8
914.9
908.3
924.8
-43.0
-32.5
-22.2
-5.3
-5.6
3,588.6
3,688.1
3,887.7
4,094.3
4,080.7
3,659.6
3,791.1
4,003.8
4,196.6
4,136.5
3,671.1
3,782.0
3,993.5
4,167.4
4,118.2
3,600.6
3,722.9
3,925.7
4,161.0
4,142.3
.2
3.3
5.4
5.8
-.6
.9
2.8
5.4
5.3
-.3
-.1
3.6
5.6
4.8
.6
3.0
5.6
4.4
-1.4
-1.2
.2
3.4
5.4
6.0
-.4
1975
1976
1977
1978
1979
4,084.4
4,311.7
4,511.8
4,760.6
4,912.1
2,710.9
2,868.9
2,992.1
3,124.7
3,203.2
462.2
555.5
639.4
713.0
735.4
230.0
243.6
249.7
275.9
302.4
237.5
284.0
315.0
342.3
347.9
942.5
943.3
952.7
982.2
1,001.1
-23.7
-15.6
-7.1
4,118.5
4,288.8
4,478.8
4,722.9
4,894.4
4,085.2
4,354.2
4,586.4
4,834.8
4,956.3
4,119.6
4,331.1
4,553.3
4,797.0
4,938.4
4,117.7
4,351.4
4,556.6
4,805.3
4,973.9
-.4
5.6
4.6
5.5
3.2
.9
4.1
4.4
5.5
3.6
-1.2
6.6
5.3
5.4
2.5
.0
5.1
5.1
5.4
2.9
-.6
5.7
4.7
5.5
3.5
4,900.9
5,021,0
4,919.3
5,132,3
5,505.2
3,193.0
3,236.0
3,275.5
3,454.3
3,640.6
655.3
715.6
615.2
673.7
871.5
334.8
338.6
314.6
306.9
332.6
324.8
333.4
329.2
370.7
461.0
1,020.9
1,030.0
1,046.0
1,081.0
1,118.4
21.7
34.2
-2.8
-12.9
4,863.8
4,990.0
4,916.6
5,194.1
5,646.6
4,890.3
4,958.6
4,951.7
5,215.9
5,569.5
4,962.3
5,075.4
4,973.6
5,184.9
5,553.8
-.2
2.5
-1.0
2.6
-1.5
4.3
7.3
.7
1.2
-.7
4.0
5.3
-1;9
-2.0
3.1
4,928.1
4,989.5
4,954.9
5,154.5
5,427.9
5.6
8.7
1.4
-.1
5.3
6.8
5,717.1
5,912.4
6,113.3
6,368.4
6,591.8
3,820.9
3,981.2
4,113.4
4,279.5
4,393.7
863.4
857.7
879.3
902.8
936.5
341.6
366.8
408.0
473.5
529.4
490.7
531.9
564.2
585.6
608.8
1,190,5
1,255.2
1,292.5
1,307.5
1,343.5
-8.6
-16.6
-15.7
-9.3
-2.5
5,698.8
5,912.6
6,088.8
6,352.6
6,565.4
5,883.1
6,096.2
6,286.2
6,489.5
6,674.6
5,865.0
6,096.6
6,261.9
6,474.0
6,648.3
5,750.9
5,932.5
6,130.8
6,391.1
6,615.5
3.8
3.4
3.4
4.2
3.5
5.0
3.8
3.0
4.3
3.3
4.2
3.6
3.1
3.2
2.9
5.3
3.9
2.7
3.4
2.7
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
........
"...
7.1
17.9
-1.0
4.9
3.1
6.8
-.7
10.2
6.8
4.6
5.3
-6.5
-5.6
-11.2
-3.0
9.1
See footnotes at the end of the table.
^. Chain-type estimates provide the best available method for
comparing the level of a given series at two points in time.
Chai^ieci-dollar estimates are obtained by multiplying the
chain-type quantity index for an aggregate by its value in current
d o t e s in; the reference year (currently 1996) and dividing by 100.
For analysis of changes over time in an aggregate or in a component i the ] percentage changes calculated from the chained-dollar
estimates and the chain-type quantity indexes are the same. Thus,
chainecfexiollar estimates can t>e used to compute "real" (that is,
inflation-adjusted) rates of growth. However, comparisons of two
or more different chained-dollar series must be made with caution,
because the prices used as weights in the chained-dollar calculations usually differ from the prices in the reference period, and the
resulting chained-dollar values for detailed GDP components usually do not 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 another major
aggregate) and the sum of the most detailed components in the
table. It is usually best to make comparisons of aggregate series in
current dollars or to use BEA's estimates of contributions to percent change. Measures of the contributions of components to the
percentage change in real GDP and to the percentage change in
other major aggregates are provided in NIPA tables S.2 and 8.2-8,6.
In general, the use of chained-dollar estimates to calculate component shares or component contributions may be misleading for
periods away from the reference year. To assist users in undertaking historical analysis, BEA has provided supplemental tables that
present estimates for selected timespans in chained 1937, 1952,
1972, and 1982 dollars (see tables 1.2A, 1.2B, 1.2C, and 1.2D).
-8.6
-6.5
-13.1
-1.5
10.6
-1.1
7.2
-.2
2.3
-2.0
4.2
7.1
3.5
3.2
3.3
4.2
3.5
August 2 0 0 2
GDP and Other Major NIPA Series
128
Table 2A. Real Gross Domestic Product—Continued
[Billions of chained (1996) dollars; quarterly estimates are seasonally adjusted at annual rates]
Year and
quarter
GDP
Personal
pnnciimnUUI loUIIIfJ
tion
expenditures
Gross
private
domestic
investment
Exports and imports ot
goods and services
Percent change from preceding period
Government1
Exports
Residual
Imports
Final
sales of
domestic
product
domestic
purchases
Final
sales to
domestic
purchasers
GNP
Final
sales of
domestic
product
GDP
Gross
domestic
purchases
Final
sales to
domestic
purchasers
GNP
1990
1991
1992
1993
1994
6,707.9
6,676.4
6,880.0
7,062.6
7,347.7
4,474.5
4,466.6
4,594.5
4,748.9
4,928.1
907.3
829.5
899.8
977.9
1,107.0
575.7
613.2
651.0
672.7
732.8
632.2
629.0
670.8
731.8
819.4
1,387.3
1,403.4
1,410.0
1,398.8
1,400.1
-4.7
-7.3
-4.5
-3.9
-.9
6,695.6
6,681.5
6,867.7
7,043.8
7,285.8
6,764.9
6,688.4
6,896.4
7,120.6
7,434.2
6,752.6
6,693.5
6,884.1
7,101.8
7,372.2
6,740.0
6,703.4
6,905.8
7,087.8
7,364.3
1.8
-.5
3.0
2.7
4.0
2.0
-.2
2.8
2.6
3.4
1.4
-1.1
3.1
3.3
4.4
1.6
-.9
2.8
3.2
3.8
1.9
-.5
3.0
2.6
3.9
1995
1996
1997
1998
1999
7,543.8
7,813.2
8,159.5
8,508.9
8,859.0
5,075.6
5,237.5
5,423.9
5,683.7
5,964.5
1,140.6
1,242.7
1,393.3
1,558.0
1,660.5
808.2
874.2
981.5
1,002.4
1,036.3
886.6
963.1
1,094.8
1,223.5
1,356.8
1,406.4
1,421.9
1,455.4
1,483.3
1,540.6
-.4
.0
.2
5.0
13.9
7,512.2
7,783.2
8,095.2
8,431.8
8,793.9
7,621.8
7,902.1
8,271.7
8,721.3
9,160.2
7,590.3
7,872.1
8,207.3
8,644.0
9,095.1
7,564.0
7,831.2
8,168.1
8,508.4
8,883.7
2.7
3.6
4.4
4.3
4.1
3.1
3.6
4.0
4.2
4.3
2.5
3.7
4.7
5.4
5.0
3.0
3.7
4.3
5.3
5.2
2.7
3.5
4.3
4.2
4.4
2000
2001
9,191.4
9,214.5
6,223.9
6,377.2
1,762.9
1,574.6
1,137.2
1,076.1
1,536.0
1,492.0
1,582.5
1,640.4
20.9
38.2
9,121.1
9,258.4
9,561.2
9,600.7
9,490.7
9,644.9
9,216.2
9,237.3
3.8
.3
3.7
1.5
4.4
.4
4.3
1.6
3.7
.2
I
II
Ill
IV.
1,481.7
1,489.4
1,493.1
1,516.4
963.4
978.7
981.7
981.8
165.0
159.4
158.6
191.5
80.7
79.8
75.9
67.3
48.1
49.0
43.5
45.8
306.0
307.7
309.7
305.1
14.7
12.8
10.7
16.5
1,504.4
1,513.4
1,525.0
1,525.2
1,445.9
1,456.0
1,459.8
1,499.7
1,468.6
1,480.0
1,492.2
1,508.5
1,488.9
1,496.9
1,500.5
1,524.3
2.1
1.0
6.4
2.4
3.1
.0
2.8
1.0
11.4
3.1
3.3
4.5
2.2
1.0
6.5
1948:
I
II
Ill
IV.
1,537.9
1,562.0
1,568.4
1,571.4
986.7
997.8
999.7
1,008.0
209.8
220.4
221.1
210.1
64.2
58.1
59.5
57.4
51.7
53.7
56.5
55.6
311.2
325.9
332.0
346.5
17.7
13.5
12.6
5.0
1,531.9
1,542.5
1,545.4
1,559.5
1,532.9
1,569.1
1,576.6
1,581.6
1,526.5
1,549.1
1,552.9
1,569.5
1,546.6
1,571.1
1,577.6
1,580.5
5.8
6.4
1.7
.8
1.8
2.8
37
9.1
9.8
1.9
1.3
4.8
6.1
1.0
4.3
6.0
6.5
1.7
.7
1949:
I
II
Ill
IV
1,549.4
1,545.1
1,562.6
1,546.5
1,009.0
1,024.6
1,026.7
1,041.1
178.3
153.9
167.4
157.6
64.2
63.7
58.4
50.6
53.8
53.1
51.0
51.9
355.3
371.5
375.3
367.1
-3.6
-15.5
-14.2
-18.0
1,564.3
1,584.7
1,584.0
1,588.9
1,547.4
1,543.1
1,566.1
1,561.7
1,562.5
1,583.4
1,588.0
1,605.1
1,558.2
1,553.6
1,570.7
1,553.9
-5.5
-1.1
4.6
-4.0
1.2
5.3
-.2
1.2
-8.4
-1.1
6.1
-1.1
-1.8
5.4
1.2
4.4
-5.5
-1.2
4.5
-4.2
1950:
I
II
Ill
IV
1,610.5
1,658.8
1,723.0
1,753.9
1,058.9
1,075.9
1,131.0
1,097.6
198.1
220.4
239.7
271.8
49.7
50.3
51.6
55.7
53.1
56.1
69.3
69.5
361.0
366.4
359.6
382.5
-4.1
1.9
10.4
15.8
1,615.2
1,657.6
1,717.3
1,699.3
1,629.4
1,681.1
1,759.0
1,785.0
1,634.4
1,680.0
1,753.5
1,729.7
1,618.4
1,667.2
1,733.1
1,763.9
17.6
12.5
16.4
7.4
6.8
10.9
15.2
-4.1
18.5
13.3
19.9
6.0
7.5
11.6
18.7
-5.3
17.7
12.6
16.8
7.3
1951:
I
II
Ill
IV.
1,773.5
1,803.7
1,839.8
1,843.3
1,122.8
1,091.4
1,103.9
1,110.5
242.9
249.2
230.1
210.6
58.6
64.3
65.9
65.3
69.5
67.1
61.4
59.7
421.9
480.1
534.2
563.7
-3.2
-14.2
-32.9
^7.1
1,746.9
1,755.7
1,813.6
1,840.7
1,801.3
1,821.1
1,848.5
1,850.9
1,774.5
1,772.5
1,821.8
1,848.3
1,782.9
1,814.9
1,851.6
1,855.8
4.5
7.0
8.2
.8
11,7
2.0
13.8
6.1
3.7
4.5
6.1
10.8
-.4
11.6
6.0
4.4
7.4
8.3
.9
1952:
I
II
Ill
IV
1,864.7
1,866.2
1,878.0
1,940.2
1,113.6
1,135.1
1,140.4
1,180.5
215.6
197.7
207.8
223.3
68.5
61.0
56.2
56.6
66.8
66.5
70.5
76.7
584.8
604.4
610.5
620.8
-51.0
-65.5
-66.4
-64.3
1,858.7
1,888.4
1,869.6
1,931.2
1,876.6
1,888.7
1,912.4
1,982.3
1,870.5
1 ;911.4
1,904.1
1,973.5
1,876.7
1,878.2
1,889.9
1,951.9
4.7
.3
2.6
13.9
4.0
6.6
-3.9
13.9
5.7
2.6
5.1
15.4
4.9
9.0
-1.5
15.4
4.6
.3
2.5
13.8
1953:
I
II
ill
IV
1,976.0
1,992.2
1,979.5
1,947.8
1,194.9
1,202.5
1,199.8
1,191.8
227.5
228.5
222.8
205.0
55.6
56.0
58.3
56.3
75.0
78.8
78.5
74.6
641.2
655.9
647.6
645.4
-68.2
-71.9
-70.5
-76.1
1,972.8
1,989.1
1,984.1
1,972.8
2,018.2
2,038.2
2,021.7
1,987.9
2,015.1
2,035.4
2,026.7
2,013.6
1,987.4
2,004.3
1,990.2
1,958.6
7:6
3.3
-2.5
-6.3
8.9
3.3
-1.0
-2.3
7.5
4.0
-3.2
-6.5
8.7
4.1
-1.7
-2.6
7.5
3.4
-2.8
-6.2
1954:
1
II
Ill
IV.
1,938.1
1,941.0
1,962.0
2,000.9
1,196.2
1,211.3
1,227.3
1,252.6
203.4
203.0
213.3
223.3
53.8
61.6
59.5
62.3
70.2
76.5
72.1
72.9
627.1
606.1
591.2
587.4
-72.2
-64.5
-57.2
-51.8
1,960.9
1,968.9
1,987.6
2,020.0
1,976.6
1,975.9
1,995.1
2,031.7
2,000.0
2,004.5
2,021.4
2,051.3
1,949.7
1,952.6
1,973.7
2,014.1
-2.0
.6
4.4
8.2
-2.4
1.6
3.8
6.7
-2.2
-.2
3.9
7.6
-2.7
.9
3.4
6.1
-1.8
.6
4.4
8.4
1955:
I
II
Ill
IV
2,058.1
2,091.0
2,118.9
2,130.1
1,280.1
1,304.3
1,320.3
1,336.7
247.2
262.8
266.4
272.0
64.6
63.1
67.2
67.5
76.8
81.3
82.8
85.9
586.4
579.9
584.0
571.3
-43.4
-37.8
-36.2
-31.5
2,058.1
2,084.0
2,114.6
2,118.8
2,091.1
2,131.6
2,156.0
2,170.3
2,091.4
2,124.8
2,151.9
2,159.1
2,071.6
2,104.3
2,132.4
2,143.9
11.9
6.5
5.5
2.1
7.8
5.1
6.0
.8
12.2
8.0
4.7
2.7
8.0
6.6
5.2
1.3
11.9
6.5
5.5
2.2
1956:
I
II
Ill
IV.
2,121.0
2,137.7
2,135.3
2,170.4
1,339.2
1,343.7
1,346.8
1,365.3
262.9
260.0
257.1
254.4
70.7
75.5
78.1
81.6
89.1
88.8
89.6
85.8
570.9
582.6
577.3
592.5
-33.6
-35.3
-34.4
-37.6
2,114.6
2,138.0
2,139.1
2,175.9
2,160.0
2,170.1
2,165.0
2,191.8
2,153.8
2,170.6
2,169.0
2,197.5
2,136.4
2,152.8
2,150.8
2,184.1
-1.7
3.2
-.8
.4.5
.2
.7.1
-1.9
1.9
-.9
5.0
-1.0
3.2
-.3
5.4
-1.4
3.1
-.4
6.3
1957:
I
II
Ill
IV
2,182.7
2,177.7
2,198.9
2,176.0
1,374.2
1,376.5
1,387.7
1,388.8
250.0
249.9
255.6
234.1
86.9
84.3
81.9
79.3
92.4
93.2
91.3
91.5
604.0
600.6
605.5
616.6
-40.0
-40.4
-40.5
-51.3
2,194.1
2,186.1
2,203.0
2,202.7
2,203.9
2,203.3
2,226.3
2,206.6
2,215.8
2,212.1
2,230.7
2,234.1
2,198.8
2,195.0
2,215.5
2,189.2
2.3
-.9
4.0
-4.1
3.4
-1.4
3.1
-.1
2.2
-.1
4.3
-3.5
3.4
2.7
3.4
.6
3i8
-4.7
1958:
I
II
Ill
IV
2,117.4
2,129.7
2,177.5
2,226.5
1,370.1
1,380.9
1,402.3
1,418.8
216.7
211.3
228.4
249.6
71.4
71.7
72.0
71.9
92.6
96.5
95.5
101.1
609.6
625.0
628.4
641.5
-57.8
-62.7
-58.1
-54.2
2,146.7
2,157.4
2,186.7
2,226.3
2,158.9
2,174.9
2,222.2
2,278.0
2,189.0
2,203.5
2,232.1
2,278.1
2,131.0
2,143.6
2,190.9
2,239.7
-10.3
2.4
9.3
9.3
-9.8
2.0
5.5
7.4
-8.4
3.0
9.0
10.4
-7.8
2.7
5.3
8.5
-10.2
2.4
9.1
9.2
1959:
I
II
Ill
IV
2,273.0
2,332.4
2,331.4
2,339.1
1,445.2
1,468.2
1,483.8
1,485.6
263.0
286.2
266.6
275.6
69.1
70.6
76.4
73.5
102.3
108.0
109.4
106.7
651.5
663.9
668.1
662.2
-53.5
-48.5
-54.1
-51.1
2,275.1
2,314.9
2,344.3
2,335.5
2,330.4
2,394.7
2,387.3
2,396.5
2,332.9
2,377.2
2,400.8
2,393.1
2,286.2
2,345.5
2,345.5
2,354.1
8.6
10.9
_o
i!3
9.1
7.2
5.2
-1.5
9.5
11.5
-1.2
1.5
10.0
7.8
4.0
-1.3
8.6
10.8
.0
1.5
1960:
I
II
Ill
IV.
2,391.0
2,379.2
2,383.6
2,352.9
1,499.2
1,518.1
1,512.1
1,513.5
305.3
274.0
272.4
239.5
83.8
87.3
89.3
89.3
110.5
111.1
107.8
102.7
648.8
657.4
665.9
673.1
-35.6
-46.5
^8.3
-59.8
2,360.4
2,382.7
2,380.0
2,391.1
2,439.4
2,423.3
2,421.8
2,385.6
2,408.5
2,427.2
2,418.4
2,424.8
2,405.4
2,393.9
2,398.9
2,369.3
9.2
-2.0
.7
-5.0
4.3
3.8
-.5
1.9
7.4
-2.6
-.3
-5.8
2.6
3.1
-1.4
1.1
9.0
-1.9
.8
-4.9
1961:
I
II
Ill
IV
2,366.5
2,410.8
2,450.4
2,500.4
1,512.8
1,535.2
1,542.9
1,574.2
245.0
263.3
285.5
290.2
89.9
85.7
89.2
90.8
102.2
103.5
110.4
113.0
680.4
687.2
694.0
711.1
-59.4
-57.1
-50.8
-52.9
2,392.9
2,418.3
2,437.7
2,493.2
2,398.1
2,450.4
2,492.8
2,544.4
2,425.3
2,458.4
2,480.0
2,537.3
2,383.7
2,427.1
2,467.2
2,517.5
2.3
7.7
6.8
8.4
.3
4.3
3.2
9.4
2.1
9.0
7.1
8.5
r
.1
2.5
7.5
6.8
8.4
I
II
Ill
IV
2,544.0
2,571.5
2,596.8
2,603.3
1,590.6
1,609.9
1,622.9
1,645.9
307.3
304.5
310.0
299.5
90.1
96.1
95.9
92.5
116.4
119.0
120.5
122.0
723.4
731.7
740.8
744.2
-51.0
-51.7
-52.3
-56.8
2,522.5
2,564.6
2,586.2
2,604.6
2,593.1
2,615.7
2,643.3
2,655.7
2,571.5
2,608.9
2,632.8
2,657.3
2,561.0
2,590.3
2,615.7
2,625.1
7.2
4.4
4.0
1.0
4.8
6.8
3.4
2.9
7.9
3.5
4.3
1.9
?
I
II
Ill
IV
2,634.1
2,668.4
2,719.6
2,739.4
1,657.1
1,673.0
1,695.7
1,710.0
315.4
320.8
331.5
335.2
92.8
101.3
102.1
106.7
119.1
121.9
125.0
124.6
740.0
744.3
765.9
759.2
-52.1
-49.1
-50.6
-47.1
2,619.3
2,663.9
2,712.0
2,739.6
2,684.2
2,710.7
2,765.0
2,778.9
2,669.4
2,706.4
2,757.5
2,779.3
2,654.8
2,688.2
2,739.8
2,760.3
4.8
5.3
7.9
2.9
2.3
7.0
7.4
4.1
4.4
4.0
8.3
2.0
I
II
Ill
IV
2,800.5
2,833.8
2,872.0
2,879.5
1,743.8
1,775.0
1,807.8
1,812.8
348.9
347.5
355.7
358.3
112.6
111.7
115.0
117.4
124.5
127.3
130.7
134.3
763.1
772.9
766.4
766.1
-43.4
-46.0
-42.2
^10.8
2,799.3
2,833.5
2,868.3
2,875.5
2,833.6
2,871.4
2,909.5
2,917.4
2,832.6
2,871.4
2,905.9
2,913.5
2,823.2
2,855.7
2,894.7
2,900.5
9.2
4.8
5.5
1.0
9.0
5.0
5.0
1.0
8.1
5.4
5.4
1.1
1947:
1962:
1963:
1964:
See footnotes at the end of the table.
S.B
:
:
!
,••
5.6
3.6
; ,
••
96
5.5
5.9
3.7
3.8
'•-•'
;
5.7
7.8
3.2
4.6
5.1
7.9
3.0
7.9
5.6
4.9
1.0
9.4
4.7
5.6
.8
1.8
:.
:
7.1
4.7
4.0
1.4
August 2002
129
SURVEY OF CURRENT BUSINESS
Table 2A. Real Gross Domestic Product—Continued
[Billions of chained (1996) dollars; quarterly estimates are seasonally adjusted at annual rates]
Year and
quarter
GDP
Personal
consumption
expenditures
Gross
private
domestic
investment
Exports and imports of
goods and services
Percent change from preceding period
Government1
Exports
Residual
Imports
Final
sales of
domestic
product
Gross
domestic
purchases
Final
sales to
domestic
purchasers
GIMP
Final
sales of
domestic
product
GDP
Gross
domestic
purchases
Final
sales to
domestic
purchasers
GIMP
1965: I
II
Ill
IV......
2,950.1
2,989.9
3,050.7
3,123.6
1,852.5
1,873.2
1,905.3
1,959.3
394.9
394.6
408.4
410.1
103.2
119.6
117.5
125.6
129.4
144.7
145.3
152.4
765.5
781.3
800.3
817.2
-36.6
-34.1
-35.5
-36.2
2,920.2
2,973.2
3,029.4
3,111.4
3,003.4
3,036.9
3,102.6
3,173.3
2,973.3
3,020.2
3,081.2
3,161.1
2,974.0
3,014.6
3.073.6
3,144.5
10.2
5.5
8.4
9.9
6.4
7.4
7.8
11.3
12.3
4.5
8.9
9.4
8.5
6.5
8.3
10.8
10.5
5.6
8.1
9.5
1966:
I
II
Ill
IV.
3,201.1
3,213.2
3,233.6
3,261.8
1,988.6
1,994.0
2,016.6
2,025.1
444.1
436.5
432.7
435.8
124.0
123.1
123.9
126.1
156.3
160.2
169.2
171.1
832.5
857.8
870.1
888.0
-31.8
-38.0
-40.5
-42.1
3,165.1
3,180.0
3,205.0
3,214.5
3,258.3
3,275.5
3,303.8
3,331.6
3,221.9
3,241.9
3,274.9
3,283.6
3.222.6
3,234.8
3,254.7
3,283.7
10.3
1.5
2.6
3.5
7.1
1.9
3.2
1.2
11.2
2.1
3.5
3.4
7.9
2.5
4.1
1.1
10.3
1.5
2.5
3.6
1967:
I
II
Ill
IV
3,291.8 •
3,289.7
3,313.5
3,338.3
2,037.3
2,064.6
2,075.2
2,087.9
424.9
405.0
415.2
423.6
127.9
126.6
125.3
128.3
173.5
172.4
174.7
184.0
925.6
921.3
926.8
934.8
-50.4
-55.4
-54.3
-52.3
3,246.9
3,281.5
3,297.4
3,326.9
3,362.1
3,360.7
3,388.8
3,418.9
3,316.6
3,352.7
3,373.0
3,407.7
3.313.4
3,310.7
3,336.6
3,360.8
3.7
-.3
2.9
3.0
4.1
4.3
2.0
3.6
3.7
-.2
3.4
3.6
4.1
4.4
2.4
4.2
3^2
2.9
:
3.7
1968:
I
II
Ill
IV......
3,406.2
3,464.8
3,489.2
3,504.1
2,136.2
2,169.6
2,210.7
2,220.4
433.8
451.8
437.3
442.2
131.3
133.5
141.8
138.7
194.7
197.7
209.5
207.7
951.4
956.0
958.3
960.5
-51.8
-48.4
-49.4
-50.0
3,394.2
3,428.5
3,478.1
3,499.5
3,494.2
3,554.1
3,578.9
3,596.6
3,482.6
3.517.4
3,568.1
3,592.5
3,429.2
3,488.3
3,513.4
3,528.1
8.4
7.1
2.8
1.7
8.3
4.1
5.9
2.5
9.1
7.0
2.8
2.0
9.1
4.1
5.9
2.8
8.4
7.1
2.9
1.7
1969:
1
II
Ill
IV.
3,558.3
3,567.6
3,588.3
3,571.4
2,244.8
2,258.8
2,269.0
2,286.5
470.8
467.1
477.2
452.6
124.1
150.5
148.8
151.4
188.2
225.3
222.4
219.9
956.9
956.0
954.1
943.1
-50.1
-39.5
-38.4
-42.3
3,535.0
3,551.3
3,569.0
3,568.3
3,653.4
3,661.9
3,682.8
3,660.0
3,630.2
3,646.0
3,663.7
3,657.5
3,582.2
3,590.6
3,610.3
3,593.3
6.3
1.0
2.3
-1.9
4.1
1.9
2.0
-.1
6.5
.9
2.3
-2.5
4.3
1.8
2.0
-.7
6.3
.9
2.2
-1.9
1970:
I
II
Ill
IV.
3,566.5
3.573.9
3.605.2
3,566.5
2,300.8
2,312.0
2,332.2
2,324.9
438.0
439.4
446.5
421.0
155.0
160.1
159.9
162.1
219.2
223.5
223.0
226.5
936.2
927.3
930.9
929.9
-44.3
-41.4
-41.3
-44.9
3,578.9
3,573.2
3,605.0
3,597.4
3,649.8
3,654.7
3,686.7
3,647.3
3,663.2
3,654.6
3,687.0
3,679.5
3,589.1
3.597.4
3,628.3
3,587.6
-.6
.8
3.6
-4.2
1.2
-.6
3.6
-.8
-1.1
.5
3.5
-4.2
.6
-.9
3.6
-.8
-.5
.9
3.5
-4.4
1971:
L.""'.
II
Ill
IV.
3,666/1
3,686.2
3,714.5
3,723.8
2,369.8
2,391.4
2,409.8
2,449.8
475.9
490.2
496.5
480.6
160.7
160.6
169.4
151.0
223.8
240.7
246.0
229.3
918.6
915.2
911.9
909.4
-35.1
-30.5
-27.1
-37.7
3,643.1
3,667.8
3,698.9
3,742.5
3,748.6
3,784.4
3,807.1
3,824.4
3,725.7
3,766.3
3,791.9
3,844.2
3,691.3
3,712.8
3,738.4
3,749.2
11.6
2.2
3.1
1.0
5.2
2.7
3.4
4.8
11.6
3.9
2.4
1.8
5.1
4.4
2.7
5.6
12.1
2.4
2.8
1.2
1972:
I
II
Ill
IV
3,796.9
3,883.8
3,922.3
3,990.5
2,482.2
2,527.5
2,565.9
2,626.3
513.6
544.9
554.1
559.4
168.8
166.4
173.8
184.9
262.8
253.4
258.7
270.3
920.8
921.9
907.6
909.1
-25.7
-23.5
-20.4
-18.9
3,802.2
3,862.7
3,897.2
3.988.5
3,907.1
3,990.5
4,025.5
4,092.0
3,913.3
3,969.7
4,000.5
4,090.7
3,823.4
3,910.0
3,950.7
4,018.7
8.1
9.5
4.0
7.1
6.5
6.5
3.6
9.7
8.9
8.8
3.6
6.8
7.4
5.9
3.1
9.3
8.2
9.4
4.2
7.1
1973:
I
II
Ill
IV.
4,092.3
4,133.3
4,117.0
4,151.1
2,674.2
2,671.4
2,682.5
2,675.6
595.2
618.2
597.5
615.3
201.8
210.5
212.4
221.1
282.8
274.7
267.1
269.1
914.5
911.5
898.5
908.4
-10.6
-3.6
-6.8
-.2
4,075.5
4,094.4
4,100.7
4,106.3
4,187.0
4,209.6
4,182.6
4,207.1
4,170.5
4,170.6
4,166.6
4,162.1
4,125.0
4,168.3
4,158.0
4,192.5
10.6
4.1
-1.6
3.4
9.0
1.9
.6
.5
9.6
2.2
-2.5
2.4
8.0
.0
-.4
-.4
11.0
4.3
-1.0
3.4
1974:
I
II
Ill
IV.
4,119.3
4,130.4
4,084.5
4,062.0
2,652.4
2,662.0
2,672.2
2,628.4
579.2
577.3
543.4
547.0
228.6
238.4
226.7
232.6
260.0
273.8
269.0
266.3
920.0
927.8
924.2
927.4
—9
-i!3
-13.0
-7.1
4,101.8
4,105.6
4,089.8
4,025.8
4,152.2
4,166.4
4,131.2
4,096.3
4,134.7
4,141.7
4,136.7
4,060.0
4,168.1
4,176.5
4,126.5
4,098.0
-3.0
1.1
-AA
-2.2
-.4
.4
-1.5
-6.1
-5.1
1.4
-3.3
-3.3
-2.6
.7
-.5
-7.2
-2.3
.8
-4.7
-2.7
1975: I
II
Ill
IV.
4,010.0
4,045.2
4,115.4
4,167.2
2,648.8
2,695.4
2,734.7
2,764.6
450.8
436.4
474.9
486.8
232.2
222.7
226.5
238.7
239.6
220.4
238.7
251.5
940.8
938.3
941.8
949.1
-23.0
-27.2
-23.8
-20.5
4,054.7
4,099.2
4,135.9
4,184.3
4,009.3
4,034.0
4,123.4
4,174.2
4,054.4
4,088.4
4,144.1
4,191.5
4,040.1
4,075.6
4,148.4
4,206.7
-5.0
3.6
7.1
5.1
2.9
4.5
3.6
4.8
-8.2
2.5
9.2
5.0
-.5
3.4
5.6
4.7
-5.5
3.6
7.3
5.7
4,266.1
4,301.5
4,321.9
4,357.4
2,824.7
2,850.9
2,880.3
2,919.6
535.1
559.8
561.1
565.9
237.9
240.1
246.8
249.7
267.2
278.8
290.2
299.8
952.5
943.3
938.9
938.6
-16.9
-13.8
-15.0
-16.6
4,248.8
4,264.1
4.289.7
4,352.4
4.295.0
4,342.3
4,367.7
4,411.4
4,277.7
4,304.7
4,335.3
4,406.6
4,304.2
4,341.2
4,362.0
4,398.4
9.8
3.4
1.9
3.3
6.3
1.4
2.4
6.0
12.1
4.5
2.4
4.1
8.5,
2.5
2.9
6.7
9.6
3.5
1.9
3.4
1976:
I
II
Ill
IV.
:
1977:
I
II
Ill
IV.
4,410.5
4,489.8
4,570.6
4,576.1
2,954.7
2,970.5
2,999.1
3,044.0
595.5
635.0
670.7.
656.4
245.9
252.5
254.5
246.0
313.9
316.8
312.4
316.8
945.3
955.1
956.0
954.5
-17.0
-6.5
2.7
-8.0
4,393.8
4,464.0
4,509.7
4,547.5
4,488.6
4,562.8
4,635.5
4,658.6
4,472.0
4,537.0
4,574.3
4,629.9
4,457.6
4,535.9
4,616.4
4,616.6
5.0
7.4
7.4
.5
3.9
6.5
4.2
3.4
7.2
6.8
6.5
2.0
6.1
5.9
3.3
4.9
5.5
7.2
7.3
.0
1978:
I
II
Ill
IV
4,588.9
4,765.7
4,811.7
4,876.0
3,060.8
3,127.0
3,143.1
3,167.8
667.2
709.7
728.8
746.3
251.8
278.2
281.1
292.3
338.0
339.1
343.6
348.3
956.7
982.1
990.3
999.6
-9.6
7.8
12.0
18.3
4.552.0
4,730.8
4,774.7
4,834.2
4,690.6
4,832.6
4,880.4
4,935.4
4,653.9
4,797.6
4,843.3
4,893.4
4,636.0
4,804.8
4,854.6
4,925.8
1.1
16.3
3.9
5.5
.4
16.7
3.8
5.1
2.8
12.7
4.0
4.6
2.1
12.9
3.9
4.2
1.7
15.4
4.2
6.0
1979:
I
II
Ill
IV
4,888.3
4,891.4
4,926.2
4,942.6
3,188.6
3,184.3
3,213.9
3,225.7
746.0
745.7
732.1
717.8,
292.3
292.9
303.1
321.2
347.3
349.2
343.9
351.3
990.6
1,000.5
1,002.4
1,010.8
18.1
17.2
18.6
18.4
4,855.1
4,852.9
4,921.9
4,947.7
4,945.9
4,950.9
4,963.6
4,964.8
4,912.7
4,912.3
4,959.2
4,969.6
4,939.6
4,949.3
4,995.6
5,011.4
1.0
.3
2.9
1.3
1.7
-.2
5.8
2.1
.9
.4
1.0
.1
1.6
.0
3.9
.8
1.1
.8
3.8
1.3
I
II
Ill
IV.
4,958.9
4,857.8 •4,850.3. :
4,936.6.
3,222.4
3,149.2
3,181.2
3,219.4
711.7
647.4
599.8 "•
662.2
331.3
337.5
336.2
334.3
351.7
326.1
302.6
318.9
1,025.6
1,028.7
1,015.4
1,013.9
19.6
21.1
20.3
25.7
4,961.4
4,861.6
4,923.9
4,965.2
4,967.8
4,819.4
4,777.2
4,890.9
4,970.0
4,822.9
4,849.4
4,918.8
5,028.8
4,922.5
4,911.3
4,986.3
1.3
-7.9
-.6
7.3
1.1
-7.8
5.2
3.4
.2
-11.4
-3.5
9.9
.0
-11.3
2.2
5.8
1.4
-8.2
-.9
6.3
1981: I
II
Ill
IV.
5,032.5
4,997.3 .
5,056.8 ,
4,997.1
3,233.1
3,235.5
3,250.5
3,225.0
726.3
693.4
733.9
708.8
340.2
342.0
334.8.
337.5
332.5
333.0
329.3
338.7
1,027.5
1,030.1
1,027.8
1,034.8
37.9
29.3
39.1
29.7
4,985.6
4,995.9
5,003.5
4,972.9
4,998.0
4,961.5
5,024.9
4,975.9
4,951.3
4,959.8
4,971.7
4,951.7
5,086.4
5,048.1
5,110.5
5,056.8
8.0
-2.8
4.9
-4.6
1.7
.8
.6
-2.4
9.1
-2.9
5.2
-3.8
2.7
.7
1.0
-1.6
8.3
-3.0
5.0
-4.1
1982:
I
II
Ill
IV.
4,914.3'
4,935.5
4,912.1,
4,915.6
3,244.3
3,253.4
3,274.6
3,329.6
634.8
631.6
623.5
571.1
323.8
326.0
311.3
297.5
329.1
323.7
338.7
325.4
1,033.6
1,039.5
1,046.8
1,064.0
6.9
8.7
-5.4
-21.2
4,959.7
4,954.2
4,916.8
4,989.1
4,899.0
4,909.5
4,926.8
4,930.9
4,943.7
4,927.8
4,931.3
5,003.8
4,969.4
4,996.9
4,963.4
4,964.8
-6.5
1.7
-1.9
•3
-1.1
-.4
-3.0
6.0
-6.0
.9
1.4
.3
-.6
-1.3
.3
6.0
-6.7
2.2
-2.7
.1
1983:
I
II
Ill
IV
4,972.4'
5,089.8,
5,180.4
5,286.8
3,360.1
3,430.1
3,484.7
3,542.2
590.7
650.7
691.4
762.2
302.4
303.4
307.9
314.1
332.8
358.4
386.3
405.3
1,069.8
1,078.2
1,097.0
1,078.8,
-17.8
-14.2
-14.3
-5.2
5,036.1
5,113.1
5,200.3
5,268.5
4.991.4
5,140.6
5,261.1
5,383.3
5,054.6
5,163.6
5,280.6
5,364.9
5,021.5
5,142.2
5,233.9
5,342.0
4.7
9.8
7.3
8.5
3.8
6.3
7.0
5.4
5.0
12.5
9.7
9.6
4.1
8.9
9.4
6.5
4.6
10.0
7.3
8.5
1984:
I
II
Ill
IV
5,402.3
5,493.8
5,541.3
5,583.],
3,579.7
3,628.3
3,653.5
3,700.9
845.0
873.2
890.7
876.9
321.4
329.4
336.5
343.1..
437.8
456.2
468.0
481.8
1,091.0
1,115.2
1,123.1
1,144.2
3.0
3.9
5.5
-.2
5,313.9
5,410.8
5,456.0
5,531.0
5,529.8
5,633.7
5,686.5
5,736.7
5,441.4
5,550.7
5,601.3
5,684.6
5,452.6
5.544.3
5,591.1
5,627.1
9.0
7.0
3.5
3.1
3.5
7.5
3.4
5.6
11.3
7.7
3.8
3.6
5.8
8.3
3.7
6.1
8.5
6.9
3.4
2.6
5,629.7
3,756.8
I
5,673.8
3,791.5
II
5,758.$ , 3,860.9
Ill
3,874.2
IV.
5,806.0
See footnotes at the end of'the table.
848.9
862.8
854.1
887.8
342.8
341.3
336.2
346.2
471.1
494.2
489.3
508.3
1,157.6
1,180.5
1,209.2
1,214.7
-5.3
-8.1
-12.5
-8.6
5,619.8
5,657.0
5,746.0
5,772.5
5,771.2
5,844.1
5,929.7
5,987.1
5,761.5
5,827.4
5,917.3
5,953.9
5,664.3
5,710.9
5,788.6
5,839.6
3.4
3.2
6.1
3.3
6.6
2.7
6.4
1.9
2.4
5.1
6.0
3.9
5.5
4.7
6.3
2.5
2.7
3.3
5.6
3.6
1980:
1985:
.
;
,
GDP and Other Major NIPA Series
130
August 2002
Table 2A. Real Gross Domestic Product—Continued
[Billions of chained (1996) dollars; quarterly estimates are seasonally adjusted at annual rates]
Year and
quarter
GDP
Personal
consumption
expenditures
Gross
private
domestic
investment
Exports and imports of
goods and services
Percent change from preceding period
Government1
Exports
Residual
Imports
Final
sales of
domestic
product
Gross
domestic
purchases
Final
sales to
domestic
purchasers
GNP
Final
sales of
domestic
product
GDP
Gross
domestic
purchases
Final
sales to
domestic
purchasers
GNP
1986:
I
II
Ill
IV.
5,858.9
5,883.3
5,937.9
5,969.5
3,907.9
3,950.4
4,019.7
4,046.8
886.2
868.3
838.0
838.2
355.9
360.0
368.6
382.6
507.3
528.8
543.6
548.1
1,224.0
1,248.0
1,277.4
1,271.5
-7.8
-14.6
-22.2
-21.5
5,828.7
5,872.6
5,956.0
5,993.1
6,027.3
6,071.4
6,132.6
6,153.2
5,997.2
6,061.0
6,151.1
6,177.1
5,887.3
5,901.9
5,959.0
5,981.7
3.7
1.7
3.8
2.1
3.9
3.1
5.8
2.5
2.7
3.0
4.1
1.4
2.9
4.3
6.1
1.7
3.3
1.0
3.9
1.5
1987:
I
II
Ill
IV.
6,013.3
6,077.2
6,128.1
6,234.4
4,049.7
4,101.5
4,147.0
4,155.3
863.4
863.9
860.5
929.3
383.6
399.3
416.7
432.2
544.9
558.9
569.9
583.0
1,278.4
1,289.1
1,292.4
1,310.0
-16.9
-17.7
-18.6
-9.4
5,985.4
6,066.8
6,138.7
6,164.1
6,192.2
6,253.9
6,297.5
6,401.1
6,164.5
6,243.8
6,308.3
6,331.1
6,027.6
6,095.8
6,145.8
6,254.1
3.0
4.3
3.4
7.1
-.5
5.6
4.8
1.7
2.6
4.0
2.8
6.7
-.8
5.2
4.2
1.5
3.1
4.6
3.3
7.2
1988:
I
II
Ill
IV.
6,275.9
6,349.8
6,382.3
6,465.2
4,228.0
4,256.8
4,291.6
4,341.4
884.6
902.5
907.5
916.7
456.1
468.8
477.3
491.8
580.3
573.2
586.1
603.0
1,300.1
1,302.4
1,300.3
1,327.2
-12.6
-7.5
-8.3
-8.9
6,263.0
6,334.0
6,365.9
6,447.5
6,411.5
6,462.0
6,499.7
6,585.2
6,398.7
6,446.3
6,483.3
6,567.6
6,302.0
6,372.8
6,402.0
6,487.4
2.7
4.8
2.1
5.3
6.6
4.6
2.0
5.2
.6
3.2
2.4
5.4
4.3
3.0
2.3
5.3
3.1
4.6
1.9
5.4
1989:
I
II
Ill
IV
6,543.8
6,579.4
6,610.6
6,633.5
4,357.1
4,374.8
4,413.4
4,429.4
952.7
941.1
929.3
922.9
510.5
530.8
530.8
545.5
595.7
606.9
612.3
620.2
1,319.3
1,340.6
1,353.5
1,360.4
-.1
-1.0
-4.1
-4.5
6,492.7
6,542.8
6,605.8
6,620.4
6,633.3
6,658.4
6,695.8
6,711.0
6,582.3
6,621.9
6,691.0
6,697.9
6,565.6
6,599.7
6,633.4
6,663.4
5.0
2.2
1.9
1.4
2.8
3.1
3.9
.9
3.0
1.5
2.3
.9
.9
2.4
4.2
.4
4.9
2.1
2.1
1.8
1990:
I
II
Ill
IV.
6,716.3
6,731.7
6,719.4
6,664.2
4,466.0
4,478.8
4,495.6
4,457.7
934.0
933.0
912.6
849.6
565.8
577.6
572.8
586.5
628.1
639.3
640.4
621.0
1,381.2
1,384.7
1,384.8
1,398.6
-2.6
-3.1
-6.0
-7.2
6,705.8
6,697.6
6,699.2
6,680.0
6,779.5
6,794.5
6,788.9
6,696.6
6,769.0
6,760.4
6,768.8
6,712.3
6,743.6
6,760.8
6,742.6
6,713.3
5.1
.9
-.7
-3.2
5.3
-.5
.1
-1.1
4.1
.9
-.3
-5.3
4.3
-.5
.5
-3.3
4.9
1.0
-1.1
-1.7
1991: I
II
Ill
IV.
6,631.4
6,668.5
6,684.9
6,720.9
4,437.5
4,469.9
4,484.3
4,474.8
815.1
808.8
829.8
864.2
584.5
613.3
616.9
638.3
602.7
623.9
640.8
648.7
1,404.7
1,408.9
1,403.0
1,397.0
-7.7
-8.5
-8.3
-4.7
6,652.5
6,692.5
6,689.2
6,692.0
6,645.5
6,674.9
6,705.9
6,727.5
6,666.4
6,698.8
6,710.1
6,698.5
6,667.4
6,692.1
6,704.7
6,749.4
-2.0
2.3
1.0
2.2
-1.6
2.4
-.2
.2
-3.0
1.8
1.9
1.3
-2.7
2.0
.7
-.7
-2.7
1.5
,8
2.7
1992:
I
II
Ill
IV.
6,783.3
6,846.8
6,899.7
6,990.6
4,544.8
4,566.7
4,600.5
4,665.9
843.8
901.8
912.1
941.6
643.9
647.1
650.8
662.2
650.6
670.1
672.9
689.5
1,407.6
1,405.7
1,413.1
1,413.7
-6.2
-4.4
-3.9
-3.3
6,788.9
6,827.1
6,882.7
6,972.4
6,785.7
6,866.6
6,918.4
7,015.0
6,791.3
6,847.0
6,901.4
6,996.8
6,811.1
6,873.8
6,923.3
7,015.1
3.8
3.8
3.1
5.4
5.9
2.3
3.3
5.3
3.5
4.9
3.0
5.7
5.7
3.3
3.2
5.6
3.7
3.7
2.9
5.4
1993:
I
II
Ill
IV.
6,988.7
7,031.2
7,062.0
7,168.7
4,674.9
4,721.5
4,776.9
4,822.3
964.8
967.0
964.1
1,015.6
661.4
674.4
660.8
694.3
705.8
726.1
733.1
762.2
1,396.4
1,398.0
1,398.4
1,402.2
-3.0
-3.6
-5.1
-3.5
6,953.6
7,008.8
7,057.9
7,154.8
7,031.3
7,081.5
7,133.8
7,235.9
6,996.2
7,059.1
7,129.6
7,222.0
7,020.9
7,056.0
7,092.4
7,182.1
-.1
2.5
1.8
6.2
-1.1
3.2
2.8
5.6
.9
2.9
3.0
5.8
.0
3.6
4.1
5.3
2.":0
2..1
5.2
1994:
I
II
Ill
IV.
7,229.4
7,330.2
7,370.2
7,461.1
4,866.6
4,907.9
4,944.5
4,993.6
1,057.3
1,118.5
1,101.8
1,150.5
696.7
725.1
742.4
767.1
776.8
811.3
834.6
854.8
1,388.0
1,390.4
1,417.5
1,404.5
-2.4
-.4
-1.4
.2
7,187.1
7,250.2
7,318.5
7,387.2
7,309.2
7,416.2
7,462.4
7,548.8
7,266.9
7,336.2
7,410.8
7,474.8
7,249.8
7,346.3
7,385.1
7,476.0
3.4
5.7
2.2
5.0
1.8
3.6
3.8
3.8
4.1
6.0
2.5
4.7
2.5
3.9
4.1
3.5
3. 8
5,4
2. 1
5.(3
1995: I
II
Ill
IV.
7,488.7
7,503.3
7,561.4
7,621.9
5,011.6
5,059.6
5,099.2
5,132.1
1,162.4
1,128.5
1,119.1
1,152.4
780.6
788,9
821.9
841.4
873.1
886.4
889.1
897.8
1,407.3
1,414.0
1,410.8
1,393.5
-.1
-1.3
-.5
.3
7,427.3
7,469.6
7,549.7
7,602.5
7,581.3
7,601.1
7,627.9
7,677.2
7,520.0
7,567.4
7,616.2
7,657.8
7,510.2
7,528.6
7,572.3
7,645.2
1.5
.8
3.1
3.2
2.2
2.3
4.4
2.8
1.7
1.0
1.4
2.6
2.4
2.5
2.6
2.2
1.0*
2.3'
3.9
1996:
I
II
Ill
IV.
7,676.4
7,802.9
7,841.9
7,931.3
5,174.3
5,229.5
5,254.3
5,291.9
1,172.3
1,233.4
1,281.4
1,283.7
846.1
860.1
867.0
923.5
921.1
950.4
982.9
998.1
1,404.8
1,430.4
1,422.0
1,430.6
.0
-.1
.1
-.3
7,669.6
7,773.4
7,792.1
7,897.6
7,751.0
7,893.1
7,957.9
8,006.5
7,744.1
7,863.6
7,908.0
7,972.7
7,703.1
7,820.4
7,853.5
7,947.9
2.9
6.8
2.0
4.6
3.6
5.5
1.0
5.5
3.9
7.5
3.3
2.5
4.6
6.3
2.3
3.3
3.1
6.2
1.7
4.9
1997:
I
II
Ill
IV.
8,016.4
8,131.9
8,216.6
8,272.9
5,350.7
5,375.7
5,462.1
5,507.1
1,325.4
1,400.6
1,408.6
1,438.5
940.3
979.2
1,004.2
1,002.1
1,034.3
1,079.8
1,123.8
1,141.2
1,434.6
1,457.0
1,464.8
1,465.3
-.3
-.8
.7
1.1
7,966.4
8,043.2
8,164.9
8,206.3
8,110.6
8,232.3
8,334.5
8,409.4
8,060.6
8,143.4
8,282.8
8,342.7
8,025.1
8,145.6
8,225.1
8,276.9
4.4
5.9
4.2
2.8
3.5
3.9
6.2
2.0
5.3
6.1
5.1
3.6
4.5
4.2
7.0
2.9
3.9
6.1
4.0
2.5
1998:
I
II
Ill
IV.
8,396.3
8,442.9
8,528.5
8,667.9
5,576.3
5,660.2
5,713.7
5,784.7
1,543.3
1,516.8
1,559.7
1,612.1
1,003.4
993.1
987.6
1,025.6
1,184.2
1,216.2
1,228.9
1,264.8
1,456.1
1,482.6
1,489.9
1,504.8
1.4
6.4
6.5
5.5
8,286.6
8,397.2
8,454.9
8,588.5
8,571.6
8,657.0
8,759.7
8,896.6
8,461.5
8,611.4
8,686.0
8,817.1
8,405.4
8,448.7
8,517.6
8,662.0
6.1
2.2
4.1
6.7
4.0
5.4
2.8
6.5
7.9
4.0
4.8
6.4
5.8
7.3
3.5
6.2
6.4
2.1
3.3
7.0
1999:
I
II
Ill
IV.
8,733.2
8,775.5
8,886.9
9,040.1
5,851.4
5,932.8
6,000.1
6,073.6
1,640.3
1,620.5
1,663.4
1,717.8
1,007.5
1,018.1
1,044.1
1,075.6
1,290.7
1,337.7
1,383.7
1,415.2
1,515.9
1,526.7
1,546.5
1,573.2
8.8
15.1
16.5
15.1
8,654.3
8,741.0
8,833.6
8,946.6
9,002.1
9,076.2
9,204.9
9,357.7
8,923.1
9,041.7
9,151.5
9,263.9
8,755.5
8,801.8
8,906.4
9,071.1
3.0
2.0
5.2
7.1
3.1
4.1
4.3
5.2
4.8
3.3
5.8
6.8
4.9
5.4
4.9
5.0
4.4
2.1
4.8
7.6
2000: I
II
Ill
IV.
9,097.4
9,205.7
9,218.7
9,243.8
6,151.9
6,198.2
6,256.8
6,288.8
1,727.8
1,798.1
1,770.3
1,755.2
1,095.8
1,133.9
1,165.5
1,153.7
1,464.6
1,528.5
1,578.6
1,572.2
1,568.3
1,586.1
1,582.2
1,593.4
18.2
17.9
22.5
24.9
9,042.9
9,111.1
9,150.4
9,179.8
9,440.8
9,571.9
9,600.9
9,631.0
9,386.3
9,477.0
9,532.5
9,566.8
9,119.7
9,233.0
9,238.2
9,274.0
2.6
4.8
.6
1.1
4.4
3.1
1.7
1.3
3.6
5.7
1.2
1.3
5.4
3.9
2.4
1.4
2.2
5.1
.2
1.6
2001:
9,229.9
9,193.1
9,186.4
9,248.8
6,326.0
6,348.0
6,370.9
6,464.0
1,661.8
1,583.5
1,562.7
1,490.3
1,135.8
1,098.8
1,048.0
1,021.8
1,540.3
1,513.6
1,467.0
1,447.2
1,615.7
1,638.0
1,633.3
1,674.5
30.9
38.4
38.5
45.4
9,243.8
9,234.3
9,230.5
9,324.9
9,604.6
9,577.1
9,575.8
9,645.3
9,618.7
9,618.7
9,620.3
9,722.3
9.241.7
9,224.3
9,199.8
9,283.5
-.6
-1.6
-.3
2.7
2.8
-.4
-.2
4.2
-1.1
-1.1
2.9
2.2
.0
.1
4.3
-1.4
-.8
-1.1
3.7
9,363.2
6,513.8
1,554.0
1,030.6
1,477.1
1,697.3
44.6
9,379.4
9,778.2
9,794.4
9,367.5
5.0
2.4
5.6
3.0
3.7
I
II
Ill
IV.
2002: I
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.
GDP Gross domestic product.
GNP Gross national product.
August 2002
131
SURVEY OF CURRENT! BUSINESS
Table 2B. Chain-Type Quantity Indexes for Gross Domestic Product
[Index numbers, 1996=100; quarterly estimates are seasonally adjusted]
Gross
Year and
quarter
Exports and imports
of goods
and services
Gross private domestic investment
Personal consumption expenditures
Government consumption
expenditures and
gross investment
Fixed investment
Final sales of
Gross
Nonresidential
product
product
finmpctip
UUHICoLIO
product
Total
Durable
goods
Nondurable
goods
Services
Total
Total
Total
Structures
Equipment and
software
Residential
Exports
Imports
Total
Federal
State and
local
10:52
11.95
6.36
17.27
10.04
7.54,
10.16
8.65
32.96
4.28
16.34
4.10
4.81
7.75
3.55
13.18
10.68
10.59
9.62
9.01
7.83
7.72
8.55
11.31
10.97
9.99
9.76
10.44
5.24
4.48
3.36
3.29
3.80
16.46
16.38
15.04
14.82
16.08
9.80
9.49
8.88
8.60
8.92
5.03
3.16
7.78
5.40
3.14
2.78
3.59
7.13
4.67
2.80
2.52
3.21
28.20
18.15
11.13
8.65
9.74
3.39
2.26
1.33
1.36
1.88
9.94
8.31
4.39
3.59
4.91
3.39
2.82
2.21
2.22
2.46
4.18
3.65
3.03
3.15
3.22
8.53
8.90
8.61
8.30
9.35
3.94
4.08
4.16
5.11
6.88
14.50
15.15
14.46
12.96
13.62
9.95
9.37
8.31
8.05
8.80
9.68
9.05
7.87
7.75
8.57
1935
1936
1937
1938
1939
9.32
10.53
1V.08
10.70
11.56
11.09
12.21
12.67
12.46
13.16
4.64
5.70
6.00
4.90
5.83
17.05
19.05
19.73
20.01
21.04
9.20
9.67
10.00
9.89
10.20
470
4.65
6.19
7.27
5.76
6.91
4.07
5.51
6.60
4.84
5.40
10.79
14.15
17.95
14.36
15.15
2.56
3.51
4.09
2.85
3.29
6.87
8.69
9.45
9.51
13.47
2.60
2.73
3.44
3.41
3.60
4.22
4.17
4.70
3.65
3.83
9.63
11.18
10.77
11.58
12.64
7.03
10.72
9.74
10.74
11.57
14.08
14.02
14.07
14.87
16.37
9.36
10.59
11.04
10.88
11.69
9.35
10.54
11.11
10.73
11.60
1940
1941
1942
1943
1944
12.55
14.70
17:41
20.27
21.94
13.84
14.83
14.48
14.88
15.31
6.71
7.79
4.75
4.15
3.80
21.98
23.46
23.87
24.67
25.64
10.56
11.09
11.57
12.16
12.57
8.92
10.90
3.40
4.20
8.30
9.48
5.35
4.13
5.07
6.69
7.88
4.64
3.88
5.15
17.20
20.43
12.63
9.18
12.02
4.26
5.00
2.87
2.58
3.45
15.19
16.14
8.16
4.85
4.18
4.08
4.19
2.75
2.30
2.47
3.93
4.83
4.38
5.53
5.78
12.83
21.31
50.01
74.54
84.08
12.51
33.22
102.01
161.79
185.15
15.88
14.91
13.59
12.40
11.97
12.46
14.46
17.47
20.62
22.32
12.57
14.73
17.43
20.28
21.95
21.67
19.27
19.14
19:97
19.85
16.26
18.27
18.64
19.06
19.58
4.28
8.14
9.69
10.32
11.17
27.49
29.00
28.21
28.30
28.74
13.00
14.23
14.94
15.52
15.91
5.55
14.08
13.57
17.33
13.22
6.95
12.66
15.24
16.78
15.33
7.24
10.47
12.20
12.83
11.65
16.20
32.01
29.12
30.64
29.62
4.94
5.95
8.11
8.53
7.47
4.91
20.68
26.65
31.89
29.48
3.49
7.61
8.69
6.84
6.15
5.10
4.84
5.65
5.45
73.21
25.29
21.60
23.13
25.83
158.67
42.88
31.88
34.30
37.49
12.29
13.52
15.41
16.39
18.88
22.12
19.06
19.49
19.85
20.31
21.67
19.29
19.19
20.04
19.91
1950
1951
1952
1953
1954
21.59
23.23
24.16
25.26
25.09
20.83
21.14
21.81
22.86
23.33
13.63
12.42
12.08
13.58
13.53
29.64
30.42
31.63
32.63
33.04
16.71
17.50
18.28
19.08
19.86
18.71
18.77
16.99
17.78
16.96
18.31
17.54
17.22
18.42
18.71
1272
13.31
13.06
14.23
13.93
31.75
34.15
34.04
37.06
38.33
8.25
8.49
8.25
9.00
8.50
40.33
3376
33.16
34.33
37.18
5.93
7.27
6.93
6.47
6.44
6.69
7.28
7.97
7.57
25.84
35.16
42.56
45.54
42.40
35.34
58.41
76.67
82.70
71.75
20.45
20.61
20.94
21.97
23.88
21.49
22.99
24.24
25.44
25.50
21.65
23.32
24.25
25.35
25.19
1955
1956
1957
1958
1959
26:87
27.40
27.95
27.68
29.68
25.02
25.75
26.38
26.60
28.08
16.53
15.86
16.00
14.71
16.49
34.64
35.82
36.48
36.83
38.35
20.88
21.95
2279
23.66
24.90
21.09,
20.81
19.91
18.23
21.96
21.15
21.24
21.01
19.47
22.20
15.48
16.37
16.62
14.76
15.94
41.09
45.39
45.37
42.64
43.65
9.67
9.93
10.19
8.71
974
43.20
39.69
37.26
37.65
47.26
9.51
8.21
8.28
8.49
9.17
9.56
10.01
11.07
40.82
40.85
42.67
44.04
46.52
65.10
63.99
66.27
66.23
70.91
25.63
26.43
27.98
30.34
31.42
26.90
27.52
28.22
28.00
29.78
26.98
27.53
28.09
27.79
29.79
1960
1961
1962
1963
1964
30:42
31:13
33.01
34.43
36.43
28.85
29.43
30.88
32.15
34.08
16.82
16.19
18.08
19.84
21.67
38.93
39.64
40.89
41.75
43.80
,25.99
27.04
28.38
29.67
31.47
21.95
21.81
24.57
26.21
28.37
22.39
22.32
24.33
26.21
28.74
16.84
16.74
18.19
19.20
21.47
47.12
47.76
49.91
50.46
55.71
10.16
9.96
11.11
12.04
13.58
43.89
44.02
48.24
53.92
57.05
10.00
10.17
10.72
11.52
13.06
11.21
11.14
12.40
1274
13.41
46.51
48.75
51.69
52.91
53.95
68.81
71.46
77.38
77.16
75.85
32.79
34.81
35.87
38.04
40.61
30.56
31.29
33.01
34.48
36.54
30.54
31.27
33.17
34.62
36.63
1965
1966
1967
1968
1969
3876
41.31
42:34
44.36
45.71
36.23
38.30
39.45
41.70
43.24
24.42
26.48
26.90
29.85
30.92
46.12
48.65
49.42
51.67
53.05
33.15
34.83
36.54
38.42
40.24
32.35
35.19
33.57
35.51
37.58
31.66
33.47
32.84
35.12
37.30
25.20
28.35
27.95
29.19
31.39
64.59
69.02
67.26
68.21
71.89
16.06
18.61
18.48
19.62
21.34
55.39
50.43
48.84
55.50
57.14
13.33
14.22
14.53
15.59
16.44
14.84
17.05
18.29
21.02
22.21
55.64
60.63
65.20
67.27
66.99
76.00
84.59
92.84
93.69
90.57
43.34
46.08
48.37
51.22
5271
38.65
41.00
42.25
44.33
45.69
38.97
41.49
42.53
44.56
45.90
1970
1971
1972
1973
1974
45.80
47.33
49.90
52.78
52.46
44.25
45.92
48.70
51.09
50.67
29.91
32.91
37.08
40.91
38.10
54.32
55.30
57.73
59.62
58.42
41.87
43.46
45.86
48.02
49.07
35.10
39.09
4370
48.81
45.20
36-51
39.26
43.96
47.97
44.96
31.22
31.21
34.04
38.99
39.30
72.12
70.94
73.12
79.08
77.43
21.12
21.31
24.04
28.44
29.13
53.73
68.46
80.63
80.11
63.57
18.22
18.35
19.84
24.19
26.49
23.16
24.40
27.13
28.39
27.75
65.48
64.26
64.34
63.87
65.04
84.21
78.24
76.53
72.77
72.47
54.21
55.96
57.18
58.84
60.96
46.11
47.39
49.95
52.60
52.43
45.98
47.54
50.13
53.13
52.89
1975
1976
1977
1978
1979
52.28
55.19
57.75
60.93
62.87
51.76
54.78
57.13
59.66
61.16
38.09
42.95
46.95
49.43
49.26
59.28
62.17
63.67
66.05
67.81
50.73
53.13
55.48
58.12
59.99
37.20
44.70
51.45
57.38
59.18
40.13
44.08
50.41
56.22
59.37
35.41
37.14
41.32
47.15
51.88
69.32
71.02
73.97
82.66
93.08
26.35
27.98
32.18
37.09
40.33
55.32
68.34
83.02
88.26
85.03
26.32
27.87
28.57
31.56
34.59
24.66
29.49
3270
35.54
36.13
66.28
66.34
67.00
69.07
70.40
72.47
71.63
72.89
74.82
76.63
62.99
63.62
63.90
66.08
67.12
52.92
55.10
57.54
60.68
62.88
52.58
55.57
58.19
61.36
63.51
1980
1981
1982
1983
1984
62.73
64.26
62.96
65.69
70.46
60.96
61.79
62.54
65.95
69.51
45.39
45.98
45.98
52.81
60.54
67.71
68.51
69.17
71.47
74.31
60.99
61.90
62.96
66.06
68.84
5273
57.59
49.51
54.22
70.13
55.58
5679
52.81
5676
66.28
51.85
54.77
52.72
52.19
61.37
99.23
. 107.09
105.47
94.53
108.03
38.88
40.52
38.42
40.50
48.40
67.05
61.68
50.45
71.19
81.56
38.30
38.74
35.99
35.11
38.05
33.73
34.61
34.18
38.49
47.86
71.80
72.44
73.56
76.02
78.65
80.31
84.08
87.13
92.61
95.50
67.08
65.75
65.66
66.24
6873
63.32
64.11
63.66
66.23
6974
63.37
64.81
63.51
66.21
70.92
1985
1986
1987
1988
1989
73.17
75.67
78.24
81.51
84.37
72.95
76.01
78.54
81.71
83.89
66.52
72.58
73.84
78.11
79.75
76.33
79.07
80.97
83.55
85.83
72.44
74.86
78.09
81.30
83.56
69.48
69.02
70.76
72.65
75.36
6977
70.60
70.58
73.15
75.14
65.49
63.73
63.65
67.11
70.83
115.92
103.43
99.69
100.95
103.42
51.48
52.51
53.37
57.37
61.39
82.67
92.58
92.79
92.32
88.53
39.08
41.96
46.67.
54.17
60.56
50.95
55.23
58.58
60,81
63.21
83.72
88.28
90.89
91.95
94.48
102.79
108.45
112.45
110.41
111.88
72.44
76.34
78.13
81.02
84.18
73.22
75.97
78.23
81.62
84.35
73.44
75.75
78.29
81.61
84.48
1990
1991
1992
1993
1994
85.85
85,45
88.06
90.39
94.04
85.43
85.28
87.72
90.67
94.09
79.01
73.79
77.70
84.08
90.46
87.01
86.65
88.29
90.87
94.35
85.86
87.03
89.59
91.98
94.72
73.01
66.75
72.41
78.69
89.08
73.77
68.65
73.10
79.03
86.25
71.35
67.83
70.11
76.00
82.78
104.95
93.38
87.70
88.39
89.14
61.63
. 60.38
64.86
72.22
80.79
80.92
70.57
82.09
88.09
96.64
65.85
70.15
74.47
76.95
83.83
65.64
65.31
69.64
75.98
85.08
97.56
98.69
99.16
98.37
98.46
114.16
113.80
111.95
107.60
103.71
87.73
89.73
91.56
92.88
95.34
86.03
85.85
88.24
90.50
93.61
86.07
85.60
88.18
90.51
94.04
1995
1996
1997
1998
1999
96.55
100.00
104.43
108.91
113.39
96.91
100.00
103.56
108.52
113.88
94.66
100.00
106.63
117.87
131.80
97.14
100.00
102.91
107.14
112.14
97.26
100.00
103.28
107.43
111.43
9179
100.00
112.12
125.37
133.62
91.46
100.00
109.56
122.04
131.54
90.89
100.00
112.22
126.29
136.57
93.39
100.00
109.07
116.53
114.96
90.08
100.00
113.30
129.80
144.69
93.13
100.00
102.04
110.17
117.58
92.45
100.00
112.27
114.67
118.55
92.05
100.00
113.67
127.03
140.88
98.91
100.00
102.35
104.32
108.34
100.92
100.00
99.62
98.84
101.16
97.71
100.00
103.98
107.56
112.59
96.52
100.00
104.01
108.33
112.99
96.59
100.00
104.30
108.65
113.44
2000
2001
117.64
117.94
118.83
121.76
142.58
151.16
116.50
118.79
115.67
117.98
141.86
126.71
139.52
134.20
147.23
139.55
122.47
120.43
156.58
146.51
118.88
119.22
130.09
123.10
159.48
154.91
111.29
115.36
102.42
107.33
116.52
120.11
117.19
118.95
117.69
117.96
1929
1930
1931
1932
1933
1934
:
1945
1946
1947
1948
1949
:
!
.95
1.41
2.54
6.03
7.53
4.98
6.40
576
678
678
7.50
875
1947:
I
II
Ill
IV
18.96
19.06
19.11
19.41
18.39
18.69
18.74
18.75
9.32
9.50
9.63
10.30
27.91
28.38
28.47
28.09
14.82
15.01
14.99
14.94
13.28
12.82
12.76
15.41
14.97
14.56
15.05
16.37
12.38
12.17
11.93
12.31
29.32
29.09
29.25
28.81
8.26
8.08
7.82
8.27
24.51
23.27
26.82
32.00
9.23
9.13
8.68
7.70
5.00
5.09
4.51
4.76
21.52
21.64
21.78
21.46
32.23
32.22
32.09
30.97
15.00
15.23
15.59
15.84
19.33
19.44
19.59
19.60
19.01
19.11
19.16
19.46
1948:
I
II
Ill
IV
19.68
19.99
20.07
20.11
18.84
19.05
19.09
19.25
10.21
10.29
10.48
10.31
28.10
28.39
28.16
28.56
15.22
15.44
15.64
15.76
16.88
1774
17.79
16.90
16.92
16.91
1673
16.54
13.08
12.62
12.66
12.98
29.43
30.27
31.19
31.67
8.96
8.37
8.26
8.53
31.62
33.47
32.42
30.04
7.35
6.65
6.80
6.56
5.37
5.58
5.87
5.78
21.88
22.92
23.35
24.37
32.05
33.96
34.61
36.57
15.80
16.26
16.53
16.95
19.68
19.82
19.86
20.04
19.75
20.06
20.15
20.18
August 2002
GDP and Other Major NIPA Series
132
Table 2B. Chain-Type Quantity Indexes for Gross Domestic Product—Continued
[Index numbers, 1996=100; quarterly estimates are seasonally adjusted]
Personal consumption expenditures
Year and
quarter
Government consumption
expenditures and
gross investment
Exports and imports
of goods
and services
Gross private domestic investment
Fixed investment
Gross
domestic
product
Total
Durable
goods
Nondurable
goods
Nonresidential
Services
Total
Total
Total
Structures
Equipmentand
software
Residential
Exports
Federal
Total
Imports
State and
local
Final sales of
domestic
product
Gross
national
product
1949:
I
II
Ill
IV
19.83
19.78
20.00
19.79
19.26
19.56
19.60
19.88
10.07
11.01
11.57
12.01
28.70
28.76
28.54
28.94
15.84
15.94
15.90
15.95
14.35
12.38
13.47
12.68
15.59
15.09
15.05
15.59
12.36
11.87
11.28
11.09
31.02
30.31
28.97
28.16
7.99
7.59
7.19
7.12
27.76
27.29
29.62
33.24
7.35
7.29
6.68
5.78
5.59
5.52
5.30
5.39
24.99
26.12
26.40
25.81
37.13
38.52
38.11
36.18
17.64
18.66
19.43
19.79
20.10
20.36
20.35
20.42
19.90
19.84
20.06
19.84
1950:
I
II
Ill
IV.
20.61
21.23
22.05
22.45
20.22
20.54
21.60
20.96
12.49
12.56
15.72
13.73
29.29
29.61
30.14
29.50
16.20
16.66
16.89
17.08
15.94
17.74
19.29
21.88
16.58
18.12
19.47
19.07
11.40
12.42
13.54
13.52
29.53
31.01
32.80
33.64
7.24
8.05
8.92
8.78
37.03
40.61
42.85
40.84
5.68
5.75
5.90
6.37
5.52
5.83
7.20
7.21
25.39
25.77
25.29
26.90
34.43
35.13
33.89
37.91
20.30
20.47
20.51
20.52
20.75
21.30
22.06
21.83
20.67
21.29
22.13
22.52
1951:
I
II
Ill
IV.
22.70
23.09
23.55
23.59
21.44
20.84
21.08
21.20
14.15
12.04
11.78
11.69
30.25
29.91
30.58
30.92
17.34
17.44
17.59
17.65
19.55
20.05
18.52
16.95
18.36
17.51
17.23
17.06
13.17
13.35
13.50
13.23
33.73
34.87
34.66
33.34
8.41
8.42
8.61
8.53
38.66
33.46
31.33
31.61
6.70
7.36
7.54
7.47
7.22
6.97
• 6.37
6.20
29.67
33.77
37.57
39.64
45.13
54.83
64.22
69.44
20.30
20.65
20.75
20.72
22.45
22.56
23.30
23.65
22.77
23.18
23.64
23.70
1952:
I
II
Ill
IV.
23.87
23.89
24.04
24.83
21.26
21.67
21.77
22.54
11.81
12.01
11.23
13.28
30.72
31.45
31.96
32.38
17.90
18.14
18.39
18.69
17.35
15.91
16.72
17.97
17.26
17.51
16.42
17.68
13.27
13.44
12.21
13.32
33.39
33.64
33.92
35.21
8.57
8.70
7.40
8.34
32.45
33.04
32.70
34.46
7.84
6.97
6.43
6.48
6.94
6.90
7.32
7.97
41.13
42.50
42.93
43.66
73.22
76.08
78.11
79.25
20.77
21.22
20.64
21.12
23.88
24.26
24.02
24.81
23.96
23.98
24.13
24.92
1953:
I
II
Ill
IV.
25.29
25.50
25.34
24.93
22.82
22.96
22.91
22.76
13.78
13.70
13.62
13.21
32.63
32.78
32.55
32.53
18.85
19.12
19.23
19.12
18.31
18.39
17.93
16.50
18.39
18.48
18.50
18.30
14.05
14.13
14.46
14.28
36.28
36.96
37.17
37.83
8.93
8.91
9.21
8.93
34.99
35.10
33.77
33.48
6.36
6.41
6.66
6.44
7.79
8.18
8.15
7.74
45.10
46.13
45.54
45.39
82.18
84.89
82.48
81.25
21.59
21.54
22.12
22.66
25.35
25.56
25.49
25.35
25.38
25.59
25.41
25.01
1954:
I
II
ill
IV.
24.81
24.84
25.11
25.61
22.84
23.13
23.43
23.92
12.79
13.44
13.50
14.37
32.77
32.66
33.08
33.64
19.34
19.75
20.08
20.28
16.37
16.33
17.17
17.97
18.02
18.31
19.05
19.47
13.87
13.71
14.10
14.05
38.21
38.48
38.40
38.24
8.45
8.26
8.66
8.63
33.83
36.03
38.23
40.63
6.15
7.04
6.81
7.12
7.29
7.95
7.49
7.57
44.10
42.62
41.58
41.31
76.74
72.84
69.13
68.30
23.45
23.54
24.21
24.32
25.19
25.30
25.54
25.95
24.90
24.93
25.20
25.72
1955:
I
II
Ill
IV.
26.34
26.76
27.12
27.26
24.44
24.90
25.21
25.52
15.71
16.59
17.15
16.65
33.89
34.48
34.74
35.46
20.59
20.71
20.91
21.31
19.89
21.15
21.44
21.89
20.26
21.13
21.60
21.62
14.30
15.20
15.99
16.43
39.44
40.41
41.74
42.76
8.71
9.49
10.08
10.38
43.65
44.30
43.35
41.51
7.39
7.21
7.69
7.72
7.98
8.44
8.60
8.92
41.24
40.78
41.07
40.18
66.56
64.90
65.69
63.24
25.36
25.70
25.66
25.80
26.44
26.78
27.17
27.22
26.45
26.87
27.23
27.38
1956:
I
II
Ill
IV.
27.15
27.36
27.33
27.78
25.57
25.66
25.72
26.07
15.87
15.89
15.58
16.10
35.81
35.72
35.75
36.01
21.54
21.80
22.07
22.39
21.15
20.93
20.69
20.47
21.15
21.33
21.30
21.16
16.11
16.38
16.51
16.48
44.08
45.66
45.96
45.87
9.86
9.90
9.99
9.97
40.42
40.17
39.39 :
38.77
8.09
8.64
8.93
9.33
9.26
9.22
9.31
8.91
40.15
40.97
40.60
41.67
62.77
64.38
63.24
65.55
26.06
26.37
26.50
26.77
27.17
27.47
27.48
27.96
27.28
27.49
27.46
27.89
1957:
I
II
Ill
IV.
27.94
27.87
28.14
27.85
26.24
26.28
26.50
26.52
16.43
16.01
15.88
15.69
36.13
36.30
36.84
36.66
22.52
22.69
22.83
23.11
20.12
20.11
20.57
18.84
21.16
20.96
21.16
20.76
16.59
16.56
16.89
16.44
45.52
45.47
45.42
45.08
10.14
10.11
10.46
10.05
38.21
37.29
36.79
36.74
9.94
9.65
9.37
9.07
9.59
9.67
9.48
9.50
42.48
42.24
42.59
43.36
66.61
65.65
65.95
66.87
27.43
27.67
28.06
28.75
28.19
28.09
28.31
28.30
28.08
28.03
28.29
27.96
1958:
I
II
Ill
IV.
27.10
27.26
27.87
28.50
26.16
26.37
26.78
27.09
14.63
14.38
14.66
15.20
36.22
36.48
37.09
37.52
23.19
23.58
23.89
23.99
17.44
17.01
18.38
20.09
19.47
18.90
19.16
20.35
15.25
14.57
14.34
14.88
44.06
42.59
41.62
42.28
8.99
8.52
8.43
8.88
35.28
35.37
37.95
42.00
8.16
8.20
8.24
8.23
9.62
10.02
9.92 ,
10.50
42.87
43.96
44.20
45.12
64.45
66.56
66.21
67.70
29.56
29.98
30.63
31.20
27.58
27.72
28.10
28.60
27.21
27.37
27.98
28.60
1959:
I
II
Ill
IV.
29.09
29.85
29.84
29.94
27.59
28.03
28.33
28.37
16.08
16.69
17.02
16.16
37.95
38.26
38.46
38.72
24.33
24.76
25.10
25.42
21.17
23.03
21.45
22.18
21.62
22.31
22.59
22.28
15.36
15.82
16.33
16.26
42.12
43.42
44.70
44.37
9.38
9.66
9.98
9.96
46.82
48.48
47.56
46.17
7.91
8.07
8.74
8.40
10.63
11.21
11.36
11.07
45.82
46.69
46.99
46.57
69.20
71.27
71.99
71.19
31.37
31.47
31.50
31.34
29.23
, 29.74
) 30.12
30.01
29.19
29.95
29.95
30.06
1960:
I
II
Ill
IV
30.60
30.45
30.51
30.12
28.63
28.99
28.87
28.90
16.71
17.10
16.97
16.51
38.71
39.17
38.90
38.93
25.73
25.99
26.00
26.26
24.57
22.05
21.92
19.27
23.05
22.59
21.99
21.93
16.87
17.13
16.72
16.66
46.22
46.76
46.86
48.65
10.31
10.50
10.07
9.76
47.50
43.59
42.27
42.21
9.59
9.99
10.22
10.22
11.47
11.54
11.19
10.66
45.63
46.23
46.83
47.34
67.97
68.32
69.11
69.83
31.87
32.65
33.13
33.51
30.33
30.61
30.58
30.72
30.72
30.57
30.63
30.25
1961:
I
II
Ill
IV.
30.29
30.86
31.36
32.00
28.88
29.31
29.46
30.06
15.54
15.87
16.26
17.07
39.18
39.59
39.62
40.18
26.51
26.98
27.09
27.59
19.72
21.19
22.97
23.35
21.63
21.94
22.48
23.22
16.28
16.60
16.76
17.31
48.42
47.61
47.62
47.37
9.41
9.85
10.00
10.59
42.38
42.53
44.83
46.33
10.29
9.80
10.21
10.38
10.61
10.75
11.46
11.73
47.85
48.33
48.81
50.01
69.50
71.06
71.83
73.46
34.59
34.37
34.66
35.61
30.74
> 31.07
.! 31.32
.C 32.03
30.44
30.99
31.50
32.15
1962:
I
II
Ill
IV.
32.56
32.91
33.24
33.32
30.37
30.74
30.99
31.43
17.45
17.91
18.06
18.90
40.53
40.72
41.03
41.28
27.84
28.27
28.52
28.88
24.73
24.51
24.95
24.10
23.71
24.43
24.64
24.53
17.70
18.23
18.47
18.36
48.24
50.00
51.34
50.07
10.86
11.13
11.19
11.26
47.17
48.64
48.60
48.54
10.31
11.00
10.97
10.59
12.09
12.35
12.51
12.66
50.87
51.46
52.10
52.34
76.07
77.19
78.13
78.13
35.35
35.60
36.06
36.45
32.41
32.95
33.23
33.47
32.70
33.08
33.40
33.52
I
II
Ill
IV.
33.71
34.15
34.81
35.06
31.64
31.94
32.38
32.65
19.31
19.75
19.98
20.31
41.45
41.62
41.96
41.98
29.03
29.35
29.94
30.35
25.38
25.81 .
26.68
26.97
24.80
25.94
26.62
27.46
18.31
18.89
19.47
20.10
48.32
50.60
50.95
51.97
11.46
11.72
12.25
12.74
50.29
53.91
54.91
56.58
10.62
11.59
11.68
12.21
12.37
12.66
12.98
12.94
52.04
52.34
53.86
76.30
76.55
78.91
76.87
37.15
37.49
38.49
39.03
33.65
> 34.23
34.84
./•f, 35.20
33.90
34.33
34.99
35.25
1964:
I
II
Ill
IV.
35.84
36.27
36.76
36.85
33.29
33.89
34.52
34.61
21.08
21.64
22.36
21.61
42.78
43.56
44.35
44.50
30.80
31.26
31.70
32.14
28.08
27.96
28.63
28.83
28.52
28.44
28.89
29.08
20.61
21.14
21.85
22.28
53.32
55.15
56.97
57.41
13.06
13.32
13.77
14.15
60.04
57.02
56.09
55.07
12.88
12.77
13.16
13.43
53.67
12.93
: 54.35
13.22
53.90
13.57
53.87
13.94 ;.
76.69
77.05
75.20
74.48
39.60
40.51
40.95
41.39
A
35.97
36.41
36.85
36.95
36.05
36.47
36.96
37.04
1965:
I
II
Ill
IV.
37.76
38.27
39.05
39.98
35.37
35.77
36.38
37.41
23.69
23.75
24.59
25.64
45.01
45.51
46.18
47.78
32.44
32.90
33.35
33.92
31.78
31.75
32.86
33.00
30.42
31.27
32.12
32.85
23.79
24.69
25.62
26.72
60.35
64.56
65.23
68.24
15.25
15.54
16.38
17.05
55.26
• 55.69
55.91
54.70
11.81
13.69
13.44
14.37
53.84
13.44
15.02 ; : 54.95
56.28
15.09
15.82 ;• .57.47
73.79
75.01
76.57
78.64
41.78
42.84
44.04
44.69
•i:\
i \
;
r
37.52
38.20
38.92
39.98
37.98
38.49
39.25
40.15
I
II
Ill
IV.
40.97
41.13
41.39
41.75
37.97
38.07
38.50
38.67
26.88
25.76
26.64
26.65
48.22
48.64
48.97
48.78
34.25
34.66
34.96
35.44
35.74
35.13
34.82
35.07
34.09
33.62
33.60
32.57
27.90
28.30
28.64
28.55
69.88
68.51
70.03
67.65
18.01
18.64
18.76
19.03
55.94
51.45
49.78
44.56
14.18
14.09
14.18
14.42
16.23
16.63
17.57
17.76
58.54
.>• 60.33
61.19
62.45
80.50
84.55
85.95
87.38
45.26
45.61 i ^ -\
46.13
F!47.31 •;• ;•
40.67
40.86
41.18
41.30
41.15
41.31
41.56
41.93
1967:
I
II
Ill
IV.
42.13
42.10
42.41
42.73
38.90
39.42
39.62
39.86
26.14
27.30
27.05
27.09
49.15
49.39
49.43
49.70
35.88
36.32
36.83
37.13
34.19
32.59
33.41
34.08
31.80
32.64
32.95
33.97
27.94
27.86
27.72
28.28
68.34
66.40
67.09
67.20
18.29
18.52
18.26
18.83
43.22
48.13
50.54
53.49
14.63
14.48
14.34
14.68
18.02
17.90 1
18.14
19.10 ;
93.35
92.15
92.86
92.98
47.87
48.13
48.32
49.16
': ' " '
i'>;-r
! v
\ ;..j'.
41.72
42.16
42.37
42.75
42.31
42.28
42.61
42.92
1968:
I
II
Ill
IV.
43.60
44.35
44.66
44.85
40.79
41.43
42.21
42.39
28.82
29.38
30.71
30.50
50.79
51.44
52.23
52.23
37.55
38.21
38.72
39.21
34.91
36.36
35.19
35.59
34.79
34.60
35.11
35.99
29.16
28.65
29.03
29.90
68.54
67.94
67.49
68.88
19.54
19.09
19.57
20.26
53.81
55.17
56.16
56.86
15.02
15.27
16.22
15.86
66.91
20.22 .
20.52 ; • .67.24
21.76 ; ; .67.39
37.55
21.57 !
94.58
93.92
93.25
93.03
50.06
51.02
51.71
52.09
;
• <
I \
!,.'
43.61
44.05
44.69
44.96
43.79
44.54
44.86
45.05
1963:
1966:
'
.
'
1
534
°
65.09
64.79 ;
165.18
65.74
•
''
0;
I
!
August 2002
133
SURVEY OF CURRENT BUSINESS
Table 2B. Chain-Type Quantity Indexes for Gross Domestic Product—Continued
[Index numbers, 1996=100; quarterly estimates are seasonally adjusted]
Year and
quarter
Exports and imports
of goods
and services
Gross private domestic investment
Personal consumption expenditures
Government consumption
expenditures and
gross investment
Fixed investment
Gross
domestic
product
Total
Durable
goods
Nondurable
goods
Nonresidential
Services
Total
Total
Total
Structures
Equipment and
software
Residential
Exports
Imports
Total
Federal
State and
local
Final sales of
domestic
product
Gross
national
product
1969:
I
II
Ill
IV.
45.54
45.66
45.93
45.71
42.86
43.13
43.32
43.66
31.07
30.97
30.89
30.73
52.72
52.99
53.07
53.40
39.60
40.02
40.40
40.94
37.89
37.59
38.40
36.42
37.09
37.27
37.90
36.94
30,76
31.10
31.95
31.76
69.92
70.50
73.85
73.31
20.99
21.26
21.61
21.50
58.91
58.28
57.80
53.58
14.20
17.22
17.02
17.32
19.54
23.39
23.09
22.83
67.29
67.23
67.10
66.33
91.85
91.07
90.59
88.78
52.41
52.80
52.88
52.75
45.42
45.63
45.86
45.85
45.74
45.85
46.10
45.88
1970:
I
II
Ill
IV.
45.65
45.74
46.14
45.65
43.93
44.14
44.53
44.39
30.19
30.50
30.59
28.38
53.95
54.06
54.41
54.84
41.35
41.59
42.11
42.41
35.24
35.36
35.93
33.88
36.79
35.99
36.61
36.66
31.55
31.40
31.55
30.38
72.76
72.00
72.28
71.46
21.37
21.34
21.44
20.33
53.68
50.11
52.78
58.34
17.73
18.32
18.29
18.55
22.76
23.21
23.16
23.52
65.84
65.21
65.47
65.39
86.64
84.51
83.19
82.51
53.28
53.60
54.83
55.13
45.98
45.91
46.32
46.22
45.83
45.94
46.33
45.81
1971:
I
II
Ill
IV
46.92
47.18
47.54
47.66
45.25
45.66
46.01
46.78
31.57
32.29
33.15
34.61
55.03
55.23
55.24
55.70
42.78
43.21
43.59
44.27
38.29
39.45
39.95
38.67
37.49
39.02
39.74
40.80
30.67
31.10
31.21
31.84
71.26
71.07
70.82
70.61
20.67
21.17
21.33
22.07
61.45
67.65
70.99
73.74
18.39
18.37
19.38
17.27
23.24
24.99
25.55
23.81
64.60
64.36
64.13
63.95
79.96
78.75
77.90
76.34
55.42
55.80
55.95
56.65
46.81
47.13
47.52
48.09
47.14
47.41
47.74
47.88
1972:
1
II
Ill
IV.
48.60
49.71
50.20
51.07
47.39
48.26
48.99
50.15
35.45
36.32
37.27
39.29
56.04
57.42
58.23
59.24
44.97
45.47
46.04
46.95
41.33
43.85
44.59
45.02
42.64
43.39
43.88
45.93
32.92
33.47
34.00
35.79
72.47
72.87
72,99
74.13
22.91
23.44
24.01
25.79
78.66
80.20
80.39
83.26
19.31
19.03
19.88
21.16
27.29
26.31
26.86
28.07
64.76
64.84
63.83
63.94
78.06
78.57
75.23
74.27
56.88
56.68
57.17
57.97
48.85
49.63
50.07
51.25
48.82
49.93
50.45
51.32
1973:
I
II
Ill
IV.
52.38
52.90
52.69
53.13
51.06
51.01
51.22
51.09
41.84
41.16
40.84
39.81
59.89
59.37
59.72
59.50
47.41
47.93
48.24
48.51
47.89
49.75
48.08
49.51
47.88
48.27
48.12
47.62
37.47
38.97
39.61
39.90
76.57
78.96
80.76
80.02
27.21
28.43
28.80
29.29
86.05
81.68
78.22
74.48
23.08
24.08
24.29
25.29
29.37
28.52
27.73
27.94
64.32
64.11
63.19
63.89
74.79
74.08
70.77
71.45
58.26
58.38
59.00
59.71
52.36
52.61
52.69
52.76
52.67
53.23
53.10
53.54
1974:
I
II
Ill
IV.
52.72
52.86
52.28
51.99
50.64
50.83
51.02
50.18
38.71
39.08
39.40
35.22
58.72
58.51
58.63
57.81
48.56
48.96
49.16
49.58
46.61
46.46
43.73
44.02
46.51
45.83
45.03
42.46
39.88
39.78
39.33
38.21
79.60
79.30
75.87
74.93
29.35
29.29
29.50
28.40
69.02
66.00
63.83
55.43
26.15
27.27
25.93
26.61
26.99
28.43
27.93
27.65
64.70
65.25
65.00
65.22
72.36
72.61
72.13
72.76
60.47
61.20
61.09
61.06
52.70
52.75
52.55
51.72
53.22
53.33
52.69
52.33
1975:
I
II
Ill
IV.
51.32
51.77
52.67
53.34
50.57
51.46
52.21
52.79
36.04
36.81
39.16
40.35
58.05
59.30
59.79
59.97
49.92
50.57
50.91
51.54
36.27
35.12
38.21
39.17
39.88
39.31
40.28
41.05
35.88
34.94
35.24
35.60
71.12
68.42
68.84
68.90
26.51
25.99
26.26
26.65
52.00
53.12
56.83
59.31
26.57
25.48
25.91
27.30
24.88
22.88
24.79
26.11
66.16
65.98
66.23
66.74
72.41
72.71
72.24
72.50
62.83
62.35
63.05
63.73
52.10
52.67
53.14
53.76
51.59
52.04
52.97
53.72
1976:
I
II
Ill
IV.
54.60
55.05
55.32
55.77
53.93
54.43
54.99
55.74
42.48
42.58
42.98
43.77
61.16
61.98
62.51
63.05
52.28
52.69
53.33
54.21
43.06
45.05
45.15
45.54
42.74
43.47
43.92
46.18
36.23
36.66
37.46
38.20
70.78
70.55
71.28
71.48
26.98
27.52
28.29
29.10
65.38
67.26
66.16
74.59
27.21
27.47
28.23
28.57
27.75
28.95
30.13
31.13
66.99
66.34
66.03
66.01
71.72
71.66
71.45
71.67
64.62
63.60
63.22
63.05
54.59
54.79
55.12
55.92
54.96
55.43
55.70
56.17
1977:
I
II
Ill
IV
56.45
57.46
58.50
58.57
56.42
56.72
57.26
58.12
45.58
46.68
47.31
48.23
63.42
63.30
63.41
64.57
54.68
55.00
55.82
56.43
47.92
51.10
53.97
52.82
47.86
50.55
51.15
52.09
39.70
40.87
41.66
43.08
71.28
73.93
75.06
75.61
30.87
31.66
32.34
33.86
76.84
85.63
85.36
84.24
28.14
28.88
29.12
28.14
32.60
32.89
32.43
32.89
66.48
67.17
67.23
67.13
71.98
73.18
73.43
72.98
63.62
64.00
63.93
64.05
56.45
57.35
57.94
58.43
56.92
57.92
58.95
58.95
1978:
I
II
Ill
IV.
58.73
61.00
61.58
62.41
58.44
59.71
60.01
60.48
46.95
50.62
49.90
50.27
64.98
65.68
66.37
67.17
57.25
58.06
58.44
58.72
53.69
57.11
58.65
60.06
52.46
56.12
57.58
58.73
43.41
46.91
48.40
49.88
74,72
81.31
85.75
88.87
34.45
37.10
37.88
38.92
84.72
88.70
89.92
89.68
28.81
31.83
32.16
33.43
35.10
35.21
35.67
36.17
67.28
69.07
69.64
70.30
73.25
74.92
75.21
75.90
64.13
66.02
66.78
67.42
58.49
60.78
61.35
62.11
59.20
61.35
61.99
62.90
1979:
I
II
Ill
IV.
62.57
62.61
63.05
63.26
60.88
60.80
61.36
61.59
49.75
48.61
50.01
48.68
67.52
67.24
67.97
68.51
59.46
59.89
60.05
60.57
60.03
60.00
58.91
57.77
59.26
58.88
59.97
59.38
51.07
51.00
52.66
52.79
88.80
90.41
95.00
98.11
40.35
39.90
40.82
40.26
87.59
86.04
84.90
81.57
33.44
33.51
34.68
36.75
36.06
36.26
35.71
36.48
69.66
70.36
70.49
71.09
75.96
76.78
76.72
77.06
66.33
66.96
67.21
67.97
62.38
62.35
63.24
63.57
63.08
63.20
63.79
63.99
1980:
I
II
Ill
IV.
63.47
62.18
62.08
63.18
61.53
60.13
60.74
61.47
48.03
42.66
44.70
46.15
68.35
,67.47
67.33
67.68
60.78
60.36
61.03
61.79
57.27
52.09
48.27
53.29
58.69
53.41
53.99
56.25
53.44
50.68
51.09
52.19
99.90
97.52
98.26
101.24
40.61
37.88
38.20
38.83
75.76
61.17
62.34
68.92
37.90
38.60
38.45
38.24
36.52
33.86
31.42
33.11
72.13
72.34
71.41
71.31
79.27
81.24
80.29
80.45
68.28
67.39
66.46
66.18
63.75
62.46
63.26
63.79
64.22
62.86
62.71
63.67
1981:
I
II
Ill
IV.
64.41
63.96
64.72
63.96
61.73
61.78
62.06
61.58
47.54
45.62
47.11
43.63
68.33
68.54
68.53
68.63
61.40
61.98
62.08
62.15
58.44
55.80
59.06
57.04
56.66
56.90
56.89
56.71
53.02
54.01
55.34
56.70
100.96
104.71
107.29
115.40
39.90
40.19
41.18
40.82
67.74
65.12
59.98
53.90
38.92
39.13
38.30
38.61
34.52
34.58
34.19
35.17
72.26
72.44
72.28
72.78
82.12
84.61
84.55
85.05
66.69
65.42
65.20
65.70
64.06
64.19
64.29
63.89
64.95
64.46
65.26
64.57
1982:
I
II
Ill
IV.
62.90
63.17
62.87
62.91
61.94
62.12
62.52
63.57
45.14
45.28
45.65
47.83
68.73
68.83
69.22
69.88
62.33
62.56
62.99
63.95
51.08
50.82
50.17
45.96
55.06
53.05
51.47
51.66
55.43
53.36
51:55
50.55
111.73
107.96
102.10
100.08
40.18
38.57
37.82
37.10
50.82
49.17
48.55
53.27
37.04
37.29
35.61
34.03
34.17
33.60
35.16
33.78
72.69
73.11
73.62
74.82
85.19
86.02
87.42
89.91
65.47
65.62
65.57
65.98
63.72
63.65
63.17
64.10
63.46
63.81
63.38
63.40
1983:
I
II
Ill
IV
63.64
65.14
66.30
67:67
64.16
65.49
66.53
67.63
48.36
52.01
54.06
56.81
70.23
70.93
71.99
72.71
64.69
65.74
66.47
67.32
47.54
52.36
55.64
61.33
52.69
54.94
58.08
61.33
49.67
50.37
52.60
56.12
96.06
91.58
93.79
96.71
37.03
38.99
41.19
44.78
61.52
69.49
75.84
77.91
34.59
34.70
35.22
35.94
34.56
37.21
40.11
42.08
75.24
75.83
77.15
75.87
90.76
92.59
95.21
91.89
66.12
65.93
66.46
66.44
64.71
65.69
66.81
67.69
64.12
65.66
66.83
68.21
1984:
I
II
Ill
IV.
69.14
70.32
70.92
71.46
68.35
69.28
69.76
70.66
59.03
60.40
60.39
62.35
73.10
74.41
74.65
75.07
67.81
68.36
69.14
70.05
68.00
70.27
71.68
70.56
63.31
66.02
67.32
68.49
57.85
60.72
62.66
64.26
102.20
107.32
110.66
111.94
45.53
47.78
49.32
50.97
80.69
82.69
81.64
81.23
36.77
37.68
38.50
39.24
45.46
47.37
48.59
50.02
76.73
78.43
78.98
80.47
92.70
95.73
95.41
98.17
67.35
68.21
69.34
70.02
68.27
69.52
70.10
71.06
69.63
70.80
71.40
71.86
1985:
I
II
Ill
IV
72.05
72.62
73.70
74.31
71.73
72.39
73.72
73.97
64.56
65.25
69.45
66.81
75.49
76.10
76.57
77.17
71.19
71.88
72.93
73.77
68.31
69.43
68.73
71.44
69.16
69.83
69.39
70.70
64.97
65.94
64.94
66.10
116.74
116.82
114.30
115.82
50.63
51.81
51.21
52.27
81.76
81.32
82.93
84.69
39.21
39.04
38.46
39.60
48.91
51.31
50.81
52.78
81.41
83.02
85.04
85.43
99.49
101.65
105.02
105.02
70.73
72.01
73.20
73.83
72.21
72.68
73.83
74.17
72.33
72.93
73.92
74.57
1986:
I
II
Ill
IV.
74.99
75.30
76.00
76.40
74.61
75.43
76.75
77.27
68.10
70.37
76.50
75.35
78.17
79.01
79.19
79.92
74.01
74.41
75.10
75.94
71.31
69.87
67.44
67.45
70.80
70.71
70.24
70.65
65.21
63.65
62.70
63.36
113.13
102.52
98.76
99.32
51.85
52.64
52.43
53.10
88.29
93.35
94.58
94.10
40.71
41.19
42.17
43.77
52.67
54.90
56.44
56.91
86.08
87.76
89.83
89.42
104.39
107.50
111.77
110.12
75.29
76.10
76.83
77.16
74.89
75.45
76.52
77.00
75.18
75.36
76.09
76.38
1987:
I
II
Ill
IV
76.96
77.78
78.43
79.79
77.32
78.31
79.18
79.34
70.60
73.61
76.69
74.45
80.43
81.00
81.06
81.39
77.02
77.71
78.46
79.16
69.47
69.52
69.25
74.78
69.04
70.35
71.58
71.38
61.59
63.02
65.05
64.931
96.60
97.35
101.47
103.34
51.62
53.20
54.66
54.01
93.00
93.88
92.36
91.92
43.88
45.68
47.67
49.44
56.58
58.03
59.17
60.53
89.90
90.66
90.89
92.13
110.72
112.36
112.53
114.18
77.58
77.81
78.07
79.07
76.90
77.95
78.87
79.20
76.97
77.84
78.48
79.86
1988:
I
II
Ill
IV.
80.32
81.27
81.69
82.75
80.72
81.28
81.94
82.89
78.14
78.11
77.03
79.17
82.32
83.06
83.95
84.87
80.20
80.79
81.77
82.44
71.19
72.62
73.03
73.77
71.86
73.12
73.49
74.15
65.65
67.08
67.46
68.25
100.17
102.06
100.84
100.71
55.75
57.04
57.83
58.86
91.61
92.24
92.62
92.82
52.18
53.63
54.60
56.26
60.25
59.52
60.85
62.61
91.43
91.59
91.45
93.33
110.92
109.71
108.79
112.22
79.89
80.86
81.18
82.16
80.47
81.38
81.79
82.84
80.47
81.38
81.75
82.84
'
-
-
GDP and Other Major NIPA Series
134
August 2002
Table 2B. Chain-Type Quantity Indexes for Gross Domestic Product—Continued
[Index numbers, 1996=100; quarterly estimates are seasonally adjusted]
Year and
quarter
Exports and imports
of goods
and services
Gross private domestic investment
Personal consumption expenditures
Government consumption
expenditures and
gross investment
Fixed investment
Gross
domestic
product
Total
Durable
goods
Nondurable
goods
Nonresidential
Services
Total
Total
Total
Structures
Equipmentand
software
Residential
Exports
Imports
Total
Federal
State and
local
Final sales of
domestic
product
Gross
national
product
1989:
I
II
Ill
IV.
83.75
84.21
84.61
84.90
83.19
83.53
84.27
84.57
78.77
79.88
81.54
78.83
85.20
85.25
86.06
86.81
82.90
83.20
83.67
84.47
76.66
75.73
74.78
74.26
74.67
74.77
76.14
74.98
69.28
70.29
72.39
71.34
102.58
101.35
105.20
104.55
59.66
61.27
62.89
61.73
91.62
88.71
87.62
86.16
58.40
60.72
60.72
62.40
61.85
63.02
63.57
64.39
92.78
94.28
95.19
95.67
109.67
112.13
113.19
112.54
82.79
83.71
84.54
85.68
83.42
84.06
84.87
85.06
83.84
84.27
84.70
85.09
1990:
I
II
Ill
IV.
85.96
86.16
86.00
85.30
85.27
85.51
85.84
85.11
82.20
79.36
78.42
76.05
87.05
87.20
87.41
86.39
84.77
85.82
86.51
86.35
75.16
75.08
73.44
68.37
76.09
74.24
73.61
71.14
72.27
71.09
71.75
70.28
106.69
106.19
105.87
101.03
62.32
60.96
61.89
61.36
87.84
83.79
78.91
73.15
64.73
66.07
65.53
67.09
65.22
66.38
66.49
64.48
97.14
97.38
97.39
98.36
114.34
114.50
113.45
114.34
86.95
87.24
87.85
88.87
86.16
86.05
86.07
85.83
86.11
86.33
86.10
85.72
1991:
I
II
Ill
IV.
84.87
85.35
85.56
86.02
84.73
85.35
85.62
85.44
73.42
73.65
74.66
73.45
86.33
86.95
87.00
86.33
86.30
87.01
87.24
87.57
65.59
65.08
66.77
69.55
68.70
68.40
68.62
68.89
68.51
68.04
67.56
67.22
98.83
96.29
90.17
88.22
59.72
59.82
60.92
61.04
68.53
68.83
71.32
73.60
66.87
70.15
70.57
73.01
62.58
64.78
66.53
67.35
98.79
99.08
98.66
98.24
115.24
115.39
113.39
111.17
89.02
89.40
89.92
90.56
85.47
85.99
85.94
85.98
85.14
85.45
85.62
86.19
1992:
I
II
Ill
IV.
86.82
87.63
88.31
89.47
86.77
87.19
87.84
89.09
76.03
76.46
78.21
80.11
87.75
87.61
88.19
89.60
88.58
89.30
89.73
90.75
67.90
72.57
73.40
75.77
69.88
72.68
73.75
76.09
67.11
69.62
70.89
72.83
87.35
87.21
87.76
88.48
61.13
64.36
65.84
68.11
78.20
81.92
82.32
85.94
73.66
74.02
74.45
75.75
67.55
69.58
69.86
71.58
98.99
98.86
99.38
99.42
111.32
111.20
112.55
112.70
91.66
91.52
91.55
91.53
87.23
87.72
88.43
89.58
86.97
87.77
88.41
89.58
1993:
I
II
Ill
IV.
89.45
89.99
90.39
91.75
89.26
90.15
91.21
92.07
80.36
83.26
85.11
87.58
89.59
90.57
91.37
91.95
91.00
91.40
92.42
93.09
77.64
77.82
77.58
81.73
76.68
77.86
79.06
82.51
73.57
75.22
76.07
79.14
88.26
87.83
87.93
89.54
69.13
71.38
72.43
75.94
86.03
85.73
88.01
92.61
75.66
77.15
75.59
79.42
73.28
75.39
76.12
79.14
98.21
98.32
98.34
98.61
109.03
107.64
107.02
106.72
91.77
92.78
93.19
93.80
89.34
90.05
90.68
91,93
89.65
90.10
90.57
91.71
1994:
I
II
Ill
IV.
92.53
93.82
94.33
95.49
92.92
93.71
94.41
95.34
88.72
89.49
90.47
93.16
93.09
93.87
94.72
95.71
93.71
94.51
95.07
95.60
85.08
90.01
88.66
92.58
83.69
85.75
86.66
88.89
80.05
81.62
83.07
86.40
85.88
90.16
89.93
90.57
78.20
78.96
80.92
85.06
94.64
98.16
97.41
96.33
79.70
82.95
84.93
87.76
80.66
84.23
86.66
88.75
97.61
97.78
99.68
98.77
103.63
102.56
105.94
102.72
94.04
94.95
95.96
96.42
92.34
93.15
94.03
94.91
92.58
93.81
94.30
95.46
1995:
I
II
Ill
IV
95.85
96.03
96.78
97.55
95.69
96.60
97.36
97.99
92.53
93.66
95.81
96.62
96.20
96.90
97.31
98.13
96.07
97.06
97.71
98.20
93.54
90.82
90.05
92.74
90.86
90.29
91.29
93.40
89.66
90.22
90.80
92.89
92.49
93.79
93.72
93.53
88.74
89.06
89.86
92.67
94.42
90.50
92.71
94.89
89.29
90.25
94.02
96.25
90.65
92.04
92.32
93.21
98.97
99.44
99.22
98.00
102.35
102.39
101.66
97.28
96.96
97.68
97.76
98.43
95.43
95.97
97.00
97.68
95.90
96.14
96.69
97.62
1996:
I
II
Ill
IV.
98.25
99.87
100.37
101.51
98.79
99.85
100.32
101.04
97.61
100.64
100.26
101.50
98.72
99.73
100.29
101.26
99.08
99.74
100.35
100.83
94.33
99.25
103.12
103.30
96.08
99.26
101.56
103.10
95.80
98.46
101.65
104.09
95.95
98.38
100.18
105.49
95.75
98.49
102.15
103.61
96.91
101.56
101.30
100.24
96.80
98.39
99.18
105.64
95.64
98.68
102.05
103.63
98.79
100.59
100.00
100.61
99.53
101.61
99.60
99.26
98.35
99.99
100.24
101.42
98.54
99.87
,100.12
101.47
98.36
99.86
100.28
101.49
1997:
I
II
Ill
IV.
102.60
104.08
105.16
105.88
102.16
102.64
104.29
105.15
104.06
103.25
108.77
110.45
102.00
102.17
103.67
103.81
101.86
102.75
103.73
104.79
106.66
112.71
113.35
115.76
105.17
108.11
111.88
113.08
106.82
110.37
115.29
116.41
107.15
106.35
110.45
112.32
106.69
111.75
116.97
117.79
100.47
101.73
102.26
103.71
107.57
112.02
114.87
114.63
107.39
112.11
116.68
118.49
100.89
102.47
103.02
103.05
98.15
100.60
100.34
99.39
102.52
103.57
104.61
105.22
; 102.35
103.34
104.90
105,44
102.48
104.01
105.03
105.69
1998:
I
II
Ill
IV
107.46
108.06
109.16
110.94
106.47
108.07
109.09
110.45
112.34
116.75
117.95
124.46
105.23
106.76
107.60
108.98
105.95
107.07
108.15
108.55
124.19
122.06
125.51
129.73
118.04
121.34
122.48
126.31
122.24
125.89
126.37
130.68
113.67
117.70
116.89
117.83
125.29
128.79
129.76
135.36
106.32
108.68
111.58
114.10
114.78
113.61
112.98
117.32
122.95
126.27
127.59
131.32
102.40
104.27
104.78
105.83
96.89
99.72
98.74
100.02
105.67
106.96
108.35
109.26
106.47
107.89
108.63
; 110.35
107.33
107.88
108.76
110.61
1999:
I
II
Ill
IV.
111.78
112.32
113.74
115.70
111.72
113.28
114.56
115.96
126.14
130.45
133.68
136.94
110.29
111.60
112.30
114.35
109.73
110.92
112.16
112.92
132.00
130.40
133.86
138.23
128.68
130.91
132.81
133.77
133.13
135.69
138.23
139.25
116.61
115.09
113.22
114.91
139.24
143.40
147.69
148.45
116.22
117.60
117.86
118.64
115.25
116.46
119.44
123.05
134.01
138.89
143.67
146.93
106.61
107.37
108.76
110.64
99.17
99.81
101.60
104.03
111.00
111.83
112.98
114.54
111,19
112.31
113.50
114,95
111.80
112.39
113.73
115.83
2000: I
II
Ill
IV.
116.44
117.82
117.99
118.31
117.46
118.34
119.46
120.07
142.67
141.34
144.12
142.18
114.97
116.36
116.96
117.73
114.14
115.14
116.24
117.19
139.04
144.70
142.46
141.25
138.01
140.26
140.32
139.47
144.21
147.77
149.06
147.86
118.68
121.03
124.52
125.63
153.91
157.95
158.31
156.14
121.02
120.09
117.21
117.21
125.35
129.71
133.32
131.97
152.07
158.70
163.91
163.23
110.29
111.55
111.27
112.06
100.41
104.21
102.27
102.78
116.11
115.88
116.56
117.52
116.19
117.06
117.57
117.94
116.45
117.90
117.97
118.42
2001:
118.13
117.66
117.58
118.37
120.78
121.20
121.64
123.42
146.09
148.00
149.66
160.91
118.40
118.31
118.69
119.76
117.37
117.80
118.07
118.69
133.72
127.43
125.75
119.93
138.71
134.70
133.23
130.16
145.81
140.20
138.06
134.13
124.64
121.95
122.82
112.30
153.63
146.77
143.28
142.39
119.55
119.39
119.50
118.44
129.93
125.70
119.89
116.89
159.93
157.15
152.32
150.26
113.63
115.19
114.87
117.76
105.15
106.70
107.01
110.46
118.63
120.20
119.51
122.09
118.77
118.65
118.60
119.81
118.01
117.79
117.48
118.54
119.84
124.37
158.30
122.07
119.54
125.05
129.99
132.13
108.09
141.41
122.44
117.89
153.37
119.37
112.46
123.47
120.51
119.62
I
II
Ill
IV
2002: I
August 2002
135
SURVEY OF CURRENT BUSINESS
Table 3. Price Indexes for Gross Domestic Product and Gross Domestic Purchases
[Index numbers, 1996=100; quarterly estimates are seasonally adjusted]
Implicit price
deflators
Chain-type price indexes
Personal consumption expenditures
Exports and
imports of goods
and services
Private fixed investment
Year and
quarter
Sovernment'
Presidential
GDP
Total
Durable
goods
Nondurable
goods
Services
Total
Total
Structures
Equipment
and
software
Residential
Exports
Imports
Percent change from preceding period for chain-type
price indexes
Total
Federal
State
and local
Gross
domestic
purchases
GNP
GDP
GNP
GDP
Gross
domestic
purchases
GNP
1929
12.62
12.38
23.59
13.86
9.97
12.13
14.12
7.41
19.03
7.73
16.60
12.00
8.72
9.45
6.57
12.33
12.61
12.62
12.60
1930
1931
1932
1933
1934
12,13
10.91
9.67
9.42
9.89
11.85
10.57
9.32
8.99
9.41
22.19
19.86
17.60
17.07
18.00
13.13
11.23
9.60
9.54
10.54
9.71
9.08
8.26
7.72
7.56
11.64
10.76
9.51
9.34
9.81
13.46
12.53
11.34
11.13
11.53
7.01
6.41
5.56
5.61
5.63
18.27
17.32
16.34
15.69
16.57
7.56
6.85
5.58
5.50
6.11
15.02
11.82
10.25
10.26
11.89
10.23
8.27
6.63
6.35
7.21
8.45
8.01
7.30
7.54
8.10
9.02
8.95
8.57
8.74
9.31
6.39
6.00
5.40
5.59
6.04
11.82
10.65
9.41
9.15
9.60
12.12
10.90
9.66
9.42
9.89
12.15
10.88
9.61
9.36
9.88
12.14
10.87
9.60
9.35
9.87
-3.9
-10.0
-11.4
-2.6
-4.2
-9.9
-11.6
-2.7
-3.9
-10.0
-11.4
-2.6
4.9
4.9
5.0
1935
1936
1937
1938
1939
10.07
10.19
10.56
10.35
10.21
9.63
9.72
10.07
9.84
9.75
17.90
18.01
18.74
18.80
18.61
10.93
10.96
11.34
10.78
10.60
7.66
7.81
8.09
8.16
8.17
9.86
9.96
10.82
10.96
10.90
11.65
11.63
12.59
12.69
12.55
5.90
5.90
6.70
6.58
6.51
16.42
16.39
17.31
17.72
17.52
6.02
6.32
6.93
7.15
7.20
12.18
12.55
13.30
12.68
12.46
7.33
7.85
8.76
8.09
8.49
8.13
8.41
8.56
8.57
8.38
9.30
10.11
10.24
10.35
10.05
6.07
6.10
6.24
6.20
6.09
9.77
9.90
10.28
10.07
9.96
10.07
10.19
10.55
10.35
10.21
10.07
10.18
10.61
10.30
10.19
10.06
10.18
10.61
10.29
10.18
1.9
1.2
3.6
1.8
1.3
3.8
1.9
1.2
3.6
-1.9
-1.4
-2.0
-1.1
-1.9
-1.4
1940
1941
1942
1943
1944
10.29
10.96
11.86
12.52
12.81
9.83
10.43
11.72
12.80
13.53
18.78
20.13
23.47
25.54
28.61
10.70
11.60
13.51
15.09
15.94
8.22
8.43
8.87
9.32
9.77
11.17
11.99
13.15
13.72
14.18
12.83
13.67
15.11
15.59
15.90
6.61
7.07
7.89
8.57
8.76
17.98
19.11
21.01
21.12
21.51
7.41
8.10
8.70
9.41
10.33
13.49
14.75
17.86
19.56
22.02
9.06
9.57
10.96
11.80
12.39
8.26
8.77
8.82
8.95
8.82
9.61
10.13
9.96
10.04
9.84
6.13
6.53
7.19
7.69
7.98
10.02
10.66
11.51
12.15
12.41
10.29
10.96
11.86
12.51
12.80
10.33
11.03
11.89
12.53
12.81
10.33
11.02
11.89
12.52
12.81
.8
6.5
8.2
5.5
2.3
.6
6.4
8.0
5.5
2.2
.8
6.5
8.2
5.5
2.3
1945
1946
1947
1948
1949
13.? 5
14.71
16.32
17.26
17.27
14.07
15.07
16.62
17.57
17.44
30.15
31.40
34.23
35.96
36.40
16.62
18.13
20.46
21.68
20.97
10.09
10.55
11.20
11.83
12.15
14.62
16.38
19.22
20.86
21.28
16.30
18.40
21.38
23.22
23.78
9.15
10.25
12.42
13.82
13.77
21.87
24.77
28.00
30.03
31.22
11.03
12.06
14.44
15.65
15.86
21.88
21.17
24.61
25.91
24.34
12.74
14.21
17.02
18.50
17.63
8.95
11.06
11.86
12.35
12.73
9.97
12.69
13.30
13.23
13.84
8.24
9.01
10.10
11.30
11.40
12.76
14,36
15.92
16.86
16.89
13.15
14.70
16.32
17.26
17.26
13.17
14.77
16.35
17.28
17.26
13.16
14.76
16.34
17.28
17.25
1950
1951
1952
1953
1954
17.41
18.60
18.98
19.24
19.45
17.66
18.85
19.23
19.50
19.68
36.60
39.03
39.40
39.09
38.23
21.06
22.80
23.05
22.94
23.02
12.51
13.05
13.57
14.26
14.69
21.75
23.62
24.19
24.40
24.57
24.26
26.58
27.17
27.42
27.67
13.94
15.56
15.96
16.27
16.08
32.00
34.69
35.38
35.49
36.31
16.25
17.42
17.90
18.03
18.10
23.70
26.78
26.98
26.90
26.56
18.73
22.63
21.81
20.88
21.16
12.76
13.65
13.85
14.02
14.33
13.81
14.48
14.50
14.63
14.99
11.49
12.68
13.24
13.51
13.74
17.10
18.31
18.65
18.87
19.10
17.41
18.59
18.98
19.23
19.44
17.45
18.71
19.00
19.25
19.44
1955
1956
1957
1958
1959
19.74
20.41
21.13
21.64
21.88
19.76
20.16
20.77
21.29
21.63
38.08
39.01
40.51
41.28
41.97
22.87
23.19
23.87
24.45
24.60
15.00
15.39
15.83
16.28
16.74
24.97
26.43
27.35
27.46
27.72
28.04
30.24
31.78
32.02
32.44
16.40
17.80
18.56
18.38
18.48
36.64
39.33
41.56
42.37
43.15
18.47
18.95
18.99
18.95
18.99
26.81
27.71
28.76
28.50
28.53
21.05
21.42
21.66
20.76
20.95
14.95
15.79
16.49
16.99
16.99
15.84
16.65
17.38
18.12
17.85
14.00
14.91
15.56
15.76
16.11
19.37
20.02
20.70
21.18
21.41
19.73
20.41
21.12
21.63
21.87
1960
1961
1962
1963
1964
22.13
22.43
22.74
22.99
23.34
22.00
22.23
22.49
22.75
23.07
41.77
41.86
42.05
42.20
42.40
24.95
25.10
25.30
25.59
25.92
17.19
17.51
17.82
18.07
18.40
27.87
27.78
27.81
27.73
27.90
32.59
32.41
32.42
32.43
32.60
18.46
18.35
18.50
18.67
18.94
43.51
43.28
43.08
42.86
42.84
19.12
19.15
19.18
19.02
19.18
28.88
29.29
29.27
29.22
29.42
21.15
21.15
20.90
21.30
21.75
17.19
17.51
17.97
18.39
18.90
17.98
18.25
18.66
19.12
19.75
16.41
16.79
17.32
17.70
18.06
21.71
21.94
22.23
22.50
22.85
1965
1966
1967
1968
1969
23.77
24.45
25.21
26i29
27,59
23.41
24.02
24.62
25.58
26.74
42.03
41.83
42.48
43.89
45.10
26.39
27.26
27.91
28.98
30.32
18.76
19.29
19.86
20.69
21.73
28.39
28.99
29.81
31.02
32.56
32.99
33.49
34.36
35.58
37.07
19.49
20.19
20.82
21.87
23.31
42.91
43.05
44.03
45.24
46.52
19.72
20.44
21.15
22.27
23.81
30.38
31.32
32.56
33.23
34.29
22.06
22.57
22.66
23.00
23.60
19.41
20.20
21.05
22.23
23.56
20.28
20.96
21.60
22.85
24.08
18.56
19.48
20.56
21.66
23.11
1970
1971
1972
1973
1974
29.05
30.52
31 ,Bt
33,60
36.60
28.00
29.20
30.22
31.86
35.14
46.09
47.77
48.28
48.98
52.08
31.82
32.80
33.90
36.56
41.82
22.89
24.17
25.22
26.37
28.46
33.96
35.69
37.23
39.30
43.18
38.82
40.67
42.08
43.71
47.95
24.83
26.74
28.68
30.91
35.15
48.25
49.73
50.37
51.25
55.08
24.58
26.00
27.58
30.03
33.12
35.77
36.98
38.17
43.40
53.68
25.00
26.53
28.40
33.34
47.70
25.44
27.44
29.49
31.67
34.83
25.95
28.20
30.81
32.98
35.80
1975
1976
1977
1978
1979
40l03
42.29
45.02
48.22
52.24
38.01
40.08
42.73
45.78
49.83
56.84
59.99
62.61
66.20
70.60
45.09
46.83
49.61
52.93
58.50
30.80
32.90
35.49
38.31.
41.43
48.59
51.42
55.46
60.17
65.65
54.55
57.59
61.54
65.69
71.07
39.34
41.25
44.81
49.15
54.87
63.24
67.02
71.02
74.84
79.67
36.20
38.53
42.41
47.61
52.95
59.24
61.11
63.58
67.48
75.63
51.67
53.22
57.92
62.01
72.62
38.28
40.72
43.55
46.37
50.28
1980
1981
1982
1983
1984
57.05
62.37
66:26
68.87
71.44
55.21
60.08
63.48
66.19
68.63
76.54
81.62
84.76
86.38
87.58
65.31
70.37
72.34
73.89
75.64
45.88
50.58
54.81
58.33
61.35
71.83
78.55
82.91
82.81
83.37
77.39
84.93
89.69
88.93
88.83
59.97
68.31
73.76
71.82
72.42
86.58
92.86
96.60
96.91
96.29
58.68
63.47
66.87
68.40
70.37
83.32
89.41
89.83
90.24
91.13
90.45
95.32
92.10
88.65
87.89
1985
1986
1987
1988
1989
73.69
75.32
77.58
80.22
83.27
70.99
72.72
75.49
78.44
81.86
88.59
89.69
92.21
93.49
95.14
77.30
77.01
79.66
82.34
86.26
64.36
67.31
70.20
73.61
77.12
84.45
86.51
88.12
90.48
92.76
89.57
91.17
92.01
94.17
96.29
74.11
75.54
76.72
79.98
83.10
96.28
97.92
98.53
99.95
101.45
72.18
75.21
78.29
80.99
83.59
88.70
87.33
89.62
94.39
96.15
1990
1991
1992
1993
1994
86.53
89.66
91.85
94.05
96.01
85.63
88.91
91.62
93.81
95.70
96.00
97.39
98.28
99.06
100.56
90.98
93.76
95.20
96.15
96.83
80.95
84.82
88.50
91.57
94.16
94.70
96.14
96.07
97.46
98.92
98.23
99.80
99.29
99.81
100.54
85.77
87.32
87.29
90.22
93.50
102.93
104.48
103.75
103.24
102.98
85.54
86.64
87.69
91.24
94.48
1995
1996
1997
1998
1999
98.10
100.00
101.95
103.20
104.69
97.90
100.00
101.94
103.03
104.73
101.06
100.00
97.75
95.40
93.03
97.93
100.00
101.34
101.31
103.69
97.25
100.00
103.12
105.53
107.81
100.14
100.00
99.93
99.03
98.87
100.93
100.00
99.02
96.95
95.53
97.39
100.00
104.23
107.72
109.69
102.12
100.00
97.32
93.54
91.18
2000
2001
106.89
109.42
107.39
109.56
91.46
89.70
107.59
109.17
110.85
114.32
100.00
101.16
95l59
95.73
114.04
119.76
15.92
16/15
16.44
16.78
16 25
16i40
16.71
17.13
33 80
34/10
34.28
34.72
19 97
20/17
20.54
21.17
10 93
1i!02
11.30
11.54
18 32
19.05
19.54
19.95
2049
III
IV
21.73
22.13
1948: I
II
Ill
IV.
16.97
17.16
17.47
17.45
17.32
17.51
17.77
17.70
34.95
35.43
36.71
36.77
21.49
21.70
21.89
21.63
11.60
11.74
11.93
12.04
20.15
20.60
21.23
21.47
22.25
22.89
23.71
24.05
1947"
I
ii"T
See footnotes at the end of the table.
2i!i6
2.7
2.8
2.7
11.8
11.0
12.5
10.9
11.8
11.0
5.8
.0
5.9
.2
5.8
.0
17.45
18.70
18.99
19.24
19.43
.8
6.8
2.1
1.3
1.1
1.2
7.1
1.9
1.2
1.2
.9
6.8
2.1
1.3
1.1
19.78
20.45
21.13
21.64
21.88
19.77
20.45
21.12
21.63
21.88
1.5
3.4
3.5
2.4
1.1
1.4
3.4
3.4
2.3
1.1
1.5
3.4
3.5
2.4
1.1
22.18
22.43
22.73
22.99
23.33
22.19
22.44
22.74
23.00
23.34
22.18
22.43
22.74
22.99
23.34
1.4
1.1
1.4
1.1
1.5
1.4
1.1
1.3
1.2
1.6
1.4
1.1
1.4
1.1
1.5
23.26
23.91
24.61
25.66
26.92
23.77
24.45
25.20
26.29
27.58
23.78
24.46
25.21
26.30
27.59
23.77
24.45
25.21
26.29
27.59
1.9
2.8
3.1
4.3
4.9
1.8
2.8
2.9
4.3
4.9
1.9
2.9
3.1
4.3
4.9
25.01
26.79
28.38
30.56
33.94
28.37
29.84
31.17
32.99
36.35
29.05
30.52
31.81
33.60
36.60
29.06
30.52
31.82
33.60
36.62
29.05
30.52
31.82
33.60
36.62
5.3
5.0
4.2
5.6
9.0
5.4
5.2
4.5
5.8
10.2
5.3
5.1
4.3
5.6
8.9
39.41
42.07
45.33
48.20
51.93
37.26
39.53
42.05
44.83
48.84
39.69
40.03
41.93 ' 42.30
45.03
44.80
48.24
48.02
52.25
52.26
40.03
42.30
45.02
48.23
52,25
40.03
42.31
45.03
48.24
52.26
9.4
5.7
6.4
7.1
8.3
9.2
5.7
6.8
7.2
8.8
9.4
5.7
6.4
7.1
8.3
55.80
61.30
65.43
68.08
71.61
57.45
63.06
67.53
69.95
74.14
54.32
59.71
63.57
66.39
69.36
57.79
63.05
66.71
69.05
71.46
57.06
62.38
66.27
68.89
71.45
57.04
62.37
66.25
68.88
71.44
57.05
62.38
66.26
68.89
71.45
9.2
9.3
6.2
3.9
3.7
10.6
9.1
5.8
3.5
3.5
9.2
9.3
6.2
4.0
3.7
85.02
85.01
90.02
94.46
96.87
73.78
75.08
77.21
79.30
81.89
75.67
76.10
77.03
78.82
81.12
72.07
74.10
77.26
79.60
82.41
73.56
75.22
77.70
80.36
83.45
73.70
75.33
77.58
80.22
83.28
73.69
75.31
77.58
80.21
83.27
73.70
75.32
77.58
80.22
83.28
3.2
2.2
3.0
3.4
3.8
2.9
2.3
3.3
3.4
3.8
3.2
2.2
3.0
3.4
3.8
96.79
98.10
97.82
97.82
98.94
99.43
98.93
99.09
98.18
99.12
85.16
88.04
90.11
92.44
94.84
83.78
87.18
89.83
92.18
94.51
86.16
88.64
90.28
92.59
95.04
86.85
89.81
92.03
94.14
96.06
86.54
89.67
91.84
94.06
96.02
86.51
89.66
91.84
94.05
96.01
86.53
89.67
91.84
94.06
96.02
3.9
3.6
2.4
2.4
2.1
4.1
3.4
2.5
2.3
2.0
3.9
3.6
2.4
2.4
2.1
97.91
100.00
102.68
105.58
109.59
101.29
100.00
98.47
96.26
95.47
101.83
100.00
96.44
91.27
91.34
97.56
100.00
102.23
103.72
106.52
97.21
100.00
101.63
102.63
105.08
97.77
100.00
102.58
104.35
107.33
98.20
100.00
101.64
102.43
103.97
98.11
100.00
101.93
103.17
104.65
98.10
100.00
101.95
103.20
104.69
98.11
100.00
101.93
103.17
104.65
2.2
1.9
1.9
1.2
1.4
2.2
1.8
1.6
.8
1.5
2.2
1.9
1.9
1.2
1.4
90.11
88.76
114.40
119.09
96.83
96.10
95.49
92.70
110.65
113.27
108.23
110.09
111.98
115.01
106.58
108.65
106.86
109.39
106.89
109.42
106.86
109.38
2.1
2.4
2.5
1.9
2.1
2.4
11 95
12.14
12.58
13.01
26.78
27.91
28.53
28.80
13.62
14.38
14.70
15.07
22 57
24.25
25.49
26.13
15 58
16.69
17.60
18.21
11.90
11.89
11.76
11.87
13.63
13.49
13.07
13.02
9 80
9.95
10.16
10.49
15.57
15.75
16.01
16.35
15.91
16.15
16.44
16.78
16.03
16.16
16.40
16.80
16.02
16.16
16.40
16.79
6.0
7.3
8.7
4.9
6.7
8.8
6.1
7.3
8.7
13.35
13.71
14.05
14.17
28.65
29.50
30.72
31.27
15.34
15.50
15.85
15.93
26.27
26.14
25.83
25.41
18.62
18.68
18.49
18.19
12.10
12.21
12.51
12.58
13.11
13.14
13.34
13.34
10.88
11.11
11.52
11.69
16.56
16.76
17.07
17.06
16.97
17.16
17.46
17.45
16.95
17.14
17.49
17.54
16.95
17.14
17.48
17.53
4.6
4.6
5.1
5.0
7.6
-.3
4.6
4.6
7.2
-.4
7.2,
-.4
August 2002
GDP and Other Major NIPA Series
136
Table 3. Price Indexes for Gross Domestic Product and Gross Domestic Purchases—Continued
[Index numbers, 1996=100; quarterly estimates are seasonally adjusted]
Implicit price
deflators
Chain-type price indexes
Exports and
imports of goods
and services
Private fixed investment
Personal consumption expenditures
Year and
quarter
Government'
Nonresidential
GDP
Total
Durable
goods
Nondurable
goods
Services
Total
Total
Structures
Equipment
and
software
Residential
Exports
Imports
Percent change from preceding period for chain-type
price indexes
Total
Federal
State
and local
Gross
domestic,
purchases
GIMP
GDP
GNP
GDP
_y
Gross
domestic
purchases
GNP
I
II
Ill
IV
17.42
17.31
17.16
17.17
17.57
17.46
17.37
17.36
36.75
36.55
36.12
36.18
21.32
21.05
20.82
20.69
12.06
12.10
12.17
12.28
21.44
21.41
21.17
21.09
23.89
23.85
23.75
23.61
13.95
13.75
13.68
13.71
31.22
31.40
31.29
30.95
16.07
16.04
15.67
15.67
24.98
24.50
24.09
23.80
17.83
17.62
17.52
17.55
12.85
12.75
12.59
12.72
13.92
13.90
13.62
13.93
11.57
11.37
11.35
11.29
17.03
16.93
16.80
16.82
17.41
17.30
17.16
17.17
17.45
17.25
17.15
17.17
17.44
17.25
17.15
17.17
-2.6
-3.2
.2
-.7
-2.3
-3.0
.5
-25
-3.2
.2
1950:
I
II
Ill
IV.
17.11
17.19
17.53
17.82
17.34
17.43
17.79
18.09
36.00
36.35
36.78
37.28
20.56
20.67
21.27
21.72
12.37
12.40
12.56
12J1
21.08
21.43
22.04
22.44
23.62
23.86
24.37
25.18
13.67
13.63
13.93
14.53
31.03
31.57
32.25
33.14
15.65
16.06
16.67
16.64
23.44
23.49
23.71
24.16
17.95
18.30
18.88
19.77
12.64
12.60
12.80
12.98
13.89
13.73
13.79
13.83
11.18
11.26
11.59
11.93
16.78
16.87
17.22
17.52
17.10
17.18
17.53
17.81
17.12
17.19
17.56
17.89
17.12
17.18
17.55
17.89
-1.5
1.9
8.3
6.6
-.9
2.2
8.7
7.1
-1.5
1.9
8.3
6.6
1951:
I
II
Ill
IV
18.44
18.53
18.59
18.83
18.67
18.81
18.83
19.07
38.74
38.94
38.99
39.46
22.65
22.81
22.74
23.02
12.87
12.98
13.08
13.27
23.21
23.56
23.74
23.98
26.05
26.50
26.75
27.02
15.12
15.49
15.74
15.88
34.18
34.62
34.79
35.18
17.18
17.38
17.48
17.64
25.56
26.51
27.29
27.74
21.38
22.55
23.24
23.35
13.65
13.52
13.63
13.80
14.68
14.33
14.36
14.55
12.36
12.57
12.80
12.97
18.15
18.25
18.30
18.53
18.43
18.52
18.58
18.82
18.57
18.68
18.68
18.89
18.56
18.67
18.68
18.88
14.7
2.0
1.3
5.2
15.1
2.2
1.2
4.9
14.6
2.0
1.3
5.2
1952:
I
II
Ill
IV.
18.82
18.91
19.06
19.14
19.15
19.16
19.29
19.33
39.75
39.33
39.78
38.75
23.04
22.98
23.05
23.13
13.36
13.49
13.65
13.79
24.10
24.20
24.25
24.20
27.17
27.21
27.15
27.15
16.01
15.96
15.92
15.96
35.31
35.47
35.39
35.35
17.73
17.88
18.05
17.94
27.11
27.00
26.93
26.87
22.37
21.99
21.61
21.27
13.57
13.78
13.94
14.11
14.19
14.43
14.55
14.81
12.99
13.15
13.42
13.40
18.51
18.59
18.73
18.79
18.82
18.90
19.05
19.13
18.85
18.88
19.11
19.16
18.84
18.88
19.10
19.15
-.1
1.9
3.2
1.6
-.3
1.7
3.0
1.4
-.1
1.9
3.2
1.6
1953:
I
II
Ill
IV.
19.16
19.20
19.27
19.33
19.40
19.43
19.54
19.63
39.16
39.19
38.93
39.06
23.00
22.90
22.95
22.94
14.00
14.15
14.36
14.53
24.21
24.35
24.54
24.49
27.16
27.39
27.59
27.56
16.00
16.23
16.45
16.42
35.30
35.47
35.60
35.57
17.95
17.97
18.13
18.05
27.01
26.95
26.87
26.78
21.05
20.87
20.79
20.80
14.02
14.03
13.97
14.05
14.61
14.64
14.56
14.68
13.54
13.51
13.50
13.48
18.80
18.83
18.90
18.97
19.15
19.19
19.26
19.33
19.17
19.20
19.28
19.33
19.17
19.19
19.27
19.32
.4
.8
1.5
1.4
.1
.7
1.4
1.5
.4
.8
1.4
1.4
1954:
I
II
Ill
IV.
19.42
19.45
19.45
19.47
19.73
19.71
19.65
19.63
39.38
38.37
37.70
37.46
23.01
23.11
23.02
22.92
14.63
14.65
14.70
14.79
24.50
24.60
24.59
24.61
27.66
27.80
27.59
27.64
16.19
16.03
16.03
16.05
36.10
36.67
36.20
36.26
17.96
18.01
18.22
18.21
26.64
26.56
26.52
26.52
21.06
21.15
21.21
21.21
14.16
14.26
14.39
14.51
14.87
14.87
15.04
15.18
13.45
13.76
13.83
13.91
19.07
19.10
19.10
19.13
19.41
19.44
19.44
19.47
19.40
19.41
19.45
19.50
19.39
19.40
19.44
19.49
1.9
.6
-.1
.5
2.2
.7
.0
.5
1.9
.6
-.1
.6
1955:
I
II
Ill
IV.
19.55
19.66
19.80
19.93
19.70
19.72
19.79
19.85
37.73
37.92
38.28
38.39
22.92
22.85
22.87
22.85
14.88
14.95
15.04
15.15
24.61
24.78
25.08
25.42
27.55
27.72
28.15
28.76
16.09
16.23
16.45
16.82
36.02
36.18
36.80
37.56
18.29
18.45
18.57
18.58
26.60
26.72
26.86
27.05
21,05
21.03
21.03
21.08
14.61
14.88
15.06
15.24
15.40
15.83
15.96
16.15
13.79
13.85
14.08
14.26
19.19
19.30
19.43
19.56
19.54
19.66
19.79
19.93
19.59
19.67
19.82
20.02
19.58
19.67
19.81
20.01
1.5
2.4
2.8
.2.7
1.3
2.3
2.7
2.6
1.5
2.4
2.8
2.7
1956:
I
II
Ill
IV.
20.13
20.32
20.54
20.67
19.93
20.06
20.26
20.38
38.52
38.60
39.20
39.74
22.90
23.12
23.34
23.41
15.26
15.33
15.44
15.54
25.95
26.23
26.68
26.88
29.57
29.81
30.57
30.99
17.57
17.51
17.98
18.15
38.23
38.84
39.79
40.45
18.74
19.02
19.05
18.97
27.27
27.55
27.86
28.17
21.23
21.36
21.48
21.61
15.51
15.76
15.92
15.99
16.38
16.67
16.77
16.78
14.59
14.80
15.05
15.21
19.75
19.93
20.15
20.26
20.12
20.31
20.54
20.66
20.22
20.33
20.59
20.67
20.21
20.33
20.59
20.66
3.9
3.9
4.5
2.5
3.9
3.8
4.4
2.4
3.9
3.9
4.5
2.5
1957:
I
II
Ill
IV
20.91
21.05
21.21
21.33
20.56
20.69
20.86
20.96
40.07
40.65
40.63
40.69
23.64
23.77
24.01
24.07
15.67
15.75
15.88
16.03
27.13
27.26
27.45
27.58
31.46
31.65
31.88
32.15
18.33
18.57
18.69
18.68
41.22
41.26
41.58
42.19
18.91
18.96
19.09
19.02
28.56
28.77
28.86
28.86
21.76
21.76
21.65
21.47
16.30
16.44
16.55
16.65
17.21
17.29
17.42
17.61
15.36
15.58
15.66
15.64
20.49
20.63
20.78
20.89
20.90
21.05
21.21
21.32
20.96
21.10
21.23
21.23
20.96
21.10
21.22
21.23
4.7
2.8
3.1
2.2
4.6
2.6
3.0
2.1
4.7
2.8
3.1
2.2
1958:
I
II
Ill
IV
21.52
21.62
21.69
21.74
21.23
21.28
21.32
21.34
41.44
41.28
41.26
41.15
24.47
24.52
24.45
24.37
16.13
16.20
16.33
16.47
27.34
27.46
27.50
27.55
31.82
32.01
32.08
32.16
18.24
18.36
18.43
18.48
42.14
42.38
42.43
42.52
18.93
18.95
18.95
18.96
28.61
28.50
28.45
28.44
21.01
20.80
20.66
20.58
16.77
16.95
17.07
17.16
17.86
18.07
18.21
18.33
15.60
15.73
15.82
15.88
21.06
21.16
21.22,
21.27
21.51
21.61
21.68
21.73
21.47
21.55
21.70
21.82
21.46
21.54
21.69
21.81
3.6
1.9
1.2
.9
3.4
1.8
1.2
.9
3.6
1.9
1.2
1.0
1959:
I
II
Ill
IV.
21.79
21.84
21.90
21.99
21.48
21.56
21.68
21.80
41.82
42.02
42.03
42.01
24.46
24.52
24.65
24.75
16.57
16.65
16.78
16.94
27.58
27.70
27.78
27.82
32.20
32.40
32.55
32.61
18.36
18.47
18.54
18.55
42.79
43.07
43.31
43.41
18.98
18.99
18.99
19.00
28.45
28.39
28.49
28.78
20.91
20.88
20.91
21.10
17.07
17.02
16.92
16.96
18.01
17.90
17.72
17.77
16.08
16.11
16.11
16.15
21.33
21.37
21.43
21.52
21.78
21.83
21.89
21.99
21.83
21.83
21.88
21.98
21.82
21.83
21.88
21.98
.9
.9
1.2
1.7
1.2
.9
1.1
1.7
.9
.9
1.1
1.7
1960:
I
II
Ill
IV.
22.04
22.14
22.23
22.33
21.84
21.96
22.04
22.15
41.92
41.84
41.69
41.62
24.76
24.92
24.99
25.12
17.02
17.13
17.25
17.36
27.86
27.91
27.89
27.81
32.64
32.65
32.62
32.45
18.62
18.51
18.42
18.29
43.38
43.57
43.63
43.46
19.06
19.13
19.13
19.15
28.88
28.84
28.96
28.86
21.08
21.11
21.23
21.17
17.02
17.08
17.26
17.41
17.75
17.81
18.06
18.29
16.30
16.38
16.45
16.51
21.57
21.66
21.76
21.86
22.03
22.13
22.23
22.33
22.08
22.15
22.23
22.30
22.07
22.15
22.23
22.29
.9
1.7
1.8
1.8
.8
1.8
1.8
1.9
.9
1.7
1.8
1.8
1961:
I
II
Ill
IV.
22.36
22.40
22.45
22.51
22.19
22.19
22.27
22.29
41.62
41.83
42.02
41.97
25.17
25.04
25.10
25.08
17.41
17.48
17.55
17.61
27.79
27.81
27.76
27.76
32.47
32.44
32.35
32.37
18.29
18.33
18.35
18.42
43.51
43.39
43.13
43.08
19.09
19.17
19.17
19.16
28.99
29.38
29.30
29.52
21.19
21.16
21.13
21.12
17.40
17.49
17.52
17.64
18.22
18.26
18.21
18.32
16.59
16.74
16.85
16.99
21.88
21.91
21.96
22.01
22.36
22.40
22.45
22.50
22.35
22.40
22.46
22.53
22.34,
22.39
22.45
22.53
.5
.7
.9
1.0
.4
.5
.9
.9
.5
.7
.9
1.0
1962:
I
II
Ill
IV.
22.64
22.71
22.77
22.84
22.38
22.47
22.53
22.59
41.98
42.07
42.17
42.00
25.18
25.26
25.31
25.44
17.71
17.79
17.86
17.91
27.80
27.83
27.81
27.78
32.41
32.46
32.44
32.39
18.45
18.52
18.49
18.55
43.12
43.13
43.13
42.93
19.19
19.19
19.18
19.15
29.50
29.19
29.17
29.21
20.88
20.92
20.84
20.95
17.84
17.91
17.99
18.14
18.51
18.58
18.68
18.87
17.21
17.29
17.32
17.43
22.13
22.20
22.26
22.34
22.64
22.70
22.76
22.84
22.67
22.71
22.76
22.83
22.67
22.70
22.75
22.83;
2.4
1.1
1.1
1.4
2.2
1.3
1.0
1.4
2.4
1.1
1.1
1.4
1963:
I
II......
Ill
IV.
22.93
22.95
22.98
23.12
22.66
22.69
22.79
22.87
42.01
42.13
42.25
42.40
25.49
25.49
25.66
25.72
17.99
18.03
18.09
18.18
27.80
27.75
27.65
27.72
32.44
32.42
32.44
32.44
18.61
18.65
18.70
18.72
42.95
42.85
42.82
42.80
19.16
19.08
18.87
18.99
29.30
29.25
29.16
29.18
21.14
21.23
21.36
21.48
18.30
18.35
18.31
18.61
19.05
19.07
18.95
19.40
17.58
17.67
17.71
17.85
22.42
22.45
22.49
22.63
22.92
22.94
22.97
23.11
22.91
22.94
22.98
23.16
22.90
22.93
22.97
23.15
1.4
.3
.6
2.5
1.6
.4
.8
2.6
1.4
.3
.6
2.5
1964:
I
II
Ill
IV.
23.20
23.27
23.39
23.49
22.98
23.02
23.10
23.18
42.49
42.42
42.39
42.31
25.85
,25.86
25.93
26.02
18.26
18.35
18.44
18.54
27.62
27.87
27.90
28.21
32.44
32.59
32.60
32.78
18.70
18.90
18.93
19.23
42.82
42.86
42.86
42.83
18.82
19.12
19.18
19.59
29.25
29.22
29.45
29.77
21.67
21.78
21.75
21.82
18.74
18.81
19.01
19.04
19.56
19.62
19.92
19.91
17.93
18.02
18.10
18.18.
22.72
22.79
22.90
22.99
23.19
23.27
23.38
23.49
23.22
23:28
23.37
23.49
23.22
23.27s
23.37
23.48
1.4
1.2
2.0
1.8
1.5
1.3
1.8
1.7
1.4
1.2
2.0
1.8
1965:
I
II
Ill
IV
23.60
23.71
23.81
23.97
23.26
23.38
23.47
23.54
42.35
42.16
41.93
41.66
26.12
26.34
26.50
26.59
18.62
18.70
18.80
18.91
28.24
28.29
28.34
28.68
32.84
32.91
33.01
33.18
19.26
19.40
19.45
19.84
42.90
42.87
43.01
42.85
19.58
19.60
19.58
20.13
30.47
30.38
30.40
30.28
21.99
21.90
22.05
22.28
19.18
19.27
19.45
19.76
20.01
20.08
20.29
20.75
18.36
18.47
18.63
18.78
23.08
23.19
23.30
23.46
23.60
23.70
23.81
23.97
23.61
23.71
23.81
23.97
23.60
23.71
23.80
23,97
1.9
1.8
1.8
2.6
1.6
1.8
1.9
2.9
1.9
1.8
1.8
2.6
1966:
I
II
Ill
IV
24.11
24.33
24.57
24.79
23.73
23.92
24.11
24.30
41.59
41.73
41.91
42.07
26.92
27.16
27.38
27.58
19.03
19.20
19.37
19.56
28.52
29.03
29.03
29.39
33.12
33.46
33.54
33.85
19.78
20.22
20.25
20.51
42.80
42.94
43.07
43.38
19.84
20.57
20.44
20.89
30.79
31.05
31.44
32.01
22.39
22.63
22.56
22.70
19.87
20.02
20.41
20.53
20.72
20.71
21.21
21.21
19.04
19.36
19.63
19.88
23.59
23.81
24.03
24.22
24.11
24.33
24.57
24.78
24.13
24.32
24.58
24.79
24.12
24.32
24.58
24.79
2.4
3.8
4.0
3.5
2.1
3.8
3.7
3.3
2.4
3.8
4.0
3.5
1967:
I
II
Ill
IV
24.90
25.06
25.29
25.57
24.36
24.48
24.71
24.92
41.96
42.17
42.67
43.13
27.64
27.74
28.02
28.23
19.66
19.78
19.92
20.10
29.52
29.66
29.85
30.22
34.03
34.21
34.44
34.77
20.60
20.71
20.85
21.14
43.63
43.87
44.15
44.47
20.93
21.00
21.12
21.53
32.60
32.51
32.47
32.65
22.72
22.63
22.63
22.65
20.67
20.90
21.16
21.48
21.19
21.44
21.69
22.08
20.20
20.42
20.70
20.94
24.32
24.47
24.70
24.96
24.90
25.06
25.29
25.57
24.89
25.05
25.31
25.59
24.89
25.04
25.31
25.59
1.9
2.5
3.8
4.4
1.6
2.5
3.8
4.3
1.9
2.5
3.8
4.4
1968:
I
II
Ill
IV
25.86
26.15
26.39
26.76
25.19
25.44
25.70
25.99
43.41
43.67
44.03
44.44
28.53
28.82
29.12
29.44
20.36
20.58
20.80
21.04
30.53
30.83
31.01
31.72
35.03
35.38
35.68
36.24
21.43
21.71
21.89
22.44
44.64
45.03
45.41
45.88
21.89
22.10
22.11
22.98
32.87
33.57
33.13
33.35
22.81
22.98
23.03
23.19
21.78
22.05 .
22.35
22.72
22.36
22.65
23.04
23.36
21.26
21.52
21.72
22.15
25.24
25.51
25.77
26.13
25.86
26.15
26.39
26.76
25.88
26.14
26.39
26.76
,2$,87
; 26.14
26.39
: 26.76
4.6
4.5
3.8
5.7
4.6
4.2
4.1
5.7
4.6
4.5
3.8
5.7
1949:
See footnotes at the end of the table.
.
August 2002
137
SURVEY OF CURRENT BTJSINMSS
Table 3. Price Indexes for Gross Domestic Product and Gross Domestic Purchases—Continued
[index numbers, 1996=100; quarterly estimates are seasonally adjusted]
Implicit price
deflators
Chain-type price indexes
Exports and
imports of goods
and services
Private fixed investment
Personal consumption expenditures
Year and
quarter
Government'
Non residential
GDP
Total
Durable
goods
Nondurable
goods
Services
Total
Total
Structures
Equipment
and
software
Residential
Exports
Imports
Percent change from preceding period for chain-type
price indexes
Total
Federal
State
and local
Gross
domestic
purchases
GNP
GDP
GNP
GDP
Gross
domestic
purchases
GNP
1969:
I
II
Ill
IV.
27.02
27.39
27.79
28.15
26.24
26.58
26.91
27.23
44.67
45.00
45.22
45.50
29.69
30.11
30.55
30.93
21.30
21.59
21.87
22.15
32.06
32.40
32.67
33.10
36.51
36.84
37.22
37.68
22.76
23.13
23.44
23.89
46.05
46.28
46.68
47.06
23.42
23.76
23.85
24.21
33.82
33.85
34.33
35.15
23.29
23.39
23.56
24.17
22.88
23.30
23.84
24.22
23.37
23.75
24.42
24.77
22.46
22.91
23.32
2375
26.37
2673
27.11
27.46
27.02
27.38
27.78
28.14
27.03
27.39
27.79
28.15
27.03
27.38
27.79
28.15
3.9
5.5
6.0
5.3
3.8
5.6
5.8
5.3
3.9
5.5
6.0
5.3
1970:
I
II
Ill
IV.
28.54
28.94
29.17
29,55
27.54
27.85
28.12
28.50
45.59
4576
46.09
46.93
31.35 ,
31.71
31.95
32.25
22.44
22.72
23.01
23.38
33.35
34.10
34.00
34.40
38.08
38.74
38.97
39.50
24.13
24.88
24.95
25.35
47.59
48.03
48.40
48.98
24.19
25.09
24.42
24.62
35.28
35.99
35.85
35.97
24.42
2470
25.31
25.56
24.84
25.24
25.67
26.04
25.46
25.73
26.16
26.45
24.30
24.81
25.25
25.69
27.85
28.24
28.51
28.89
28.53
28.94
29.17
29.55
28.55
28.94
29.18
29.56
28.54
28.94
29.17
29.56
5.6
5.8
3.2
5.3
5.8
5.6
3.9
5.5
5.6
5.8
3.2
5.3
1971:
I
II
Ill
IV.
30:00
30.40
3071
30.96
28.77
29.10
29.38
29.57
47.64
47.99
47.85
47.58
32.36
32.68
32.98
.33.19
23.68
24.01
24.36
24.60
35.00
35.52
35.95
36.28
40.05
40.55
40.92
41.17
25.89
26.48
27.06
27.54
49.46
4978
49.85
49.82
25.28
25.79
26.27
26.68
37.01
37.05
36.81
37.05
26.20
26.29
26.62
27.01
2676
27.26
27.66
28.08
27.38
27.95
28.42
29.06
26.23
26.67
27.01
27.24
29.31
29.71
30.04
30.30
29.99
30.40
30.71
30.96
30.00
30.40
30.71
30.96
30.00
30.40
30.71
30.96
6.1
5.5
4.1
3.3
6.0
5.5
4.6
3.5
6.1
5.5
4.1
3.3
1972:
I
II
Ill
IV.
31.42
31.61
31.92
32.30
29.89
30.07
30.33
30.59
48.00
48.28
48.51
48.33
33:54
33.68
33.99
34.38
24.89
25.09
25.33
25.56
36.74
36.97
37.34
37.88
41.66
41.96
42.22
42.47
28.08
28.43
28.82
29.38
50.20
50.40
50.50
50.40
27.05
27.18
27.63
28.47
37.63
37.93
38.10
39.03
27.47
28.19
28.65
29.29
28.89
29.20
29.64
30.23
30.22
30.46
30.90
31.65
27.76
28.12
28.57
29.04
3076
30.98
31.30
31.67
31.42
31.61
31.92
32.30
31.41
31.61
31.92
32.32
31.41
31.61
31.92
32.32
6.1
2.5
4.0
4.8
6.1
2.9
4.2
4.8
6.1
2.5
3.9
4.8
1973:
I
II
Ill
IV.
32,73
33.27
33.90
34.48
30.96
31.56
32.13
32.78
48.55
48.92
49.15
49.31
35.05
36.06
36.98
38.16
25.78
26.16
26.57
26.98
38.25
38.93
39.76
40.26
42.80
43.42
44.08
44.54
29.81
30.45
31.29
32.06
50.60
51.13
51.56
51.70
28.85
29.56
30.57
31.11
40.19
42.04
44.51
46.86
30.16
32.53
34.06
36.60
30.84
31.39
31.93
32.53
32.14
32.62
33.28
33.88
29.73
30.33
30.79
31.39
32.09
32.69
33.29
33.91
32.73
33.27
33.91
34.49
32.71
33.25
33.86
34.58
32.71
33.25
33.86
34.58
5.4
6.8
7.9
7.0
5.4
7.7
7.6
7.6
5.4
6.8
7.8
7.0
1974:
I
II
Ill
IV.
35.18
35.97
37.07
38.20
33.75
.34.69
35.60
; 36.49
4978
50.99
52.96
54.60
39.93
41.29
42.44
43.61
27.53
28.17
28.77
29.38
41.01
42.20
43.87
45.65
45.31
46.75
48.74
50.98
32.91
34.34
35.93
37.44
52.33
53.65
55.83
58.51
31.81
32.56
33.61
34.52
50.18
51.92
54.89
5775
42.41
47.28
4973
51.36
33.26
34.19
35.35
36.50
34.37
35.08
36.21
37.56
32.28
33.37
34.55
35.55
34.80
3579
36.87
37.93
35.18
35.96
37.06
38.19
35.20
36.02
37.09
38.20
35.20
36.02
37.08
38.19
8.4
9.2
12.8
12.7
10.9
11.9
127
12.0
8.3
9.2
12.8
127
1975:
I
II
Ill
IV.
39.08
39.63
40.35
41.05
37.17
; 37.62
38.31
: 38.93
55.48
56.56
57.20
58.11
44.27
44.53
45.46
46.11
30.04
30.50
31.05
31.62
47.28
48.40
48.97
49.71
52.98
54.36
55.04
55.81
38.53
39.23
39.56
40.03
61.15
63.00
63.93
64.90
35.40
36.02
36.36
37.02
59.41
59.18
59.02
59.36
52.13
52.27
51.10
51.17
37.27
37.93
38.55
39.36
38.41
38.92
39.62
4070
36.26
37.02
37.58
38.19
38.76
39.33
39.99
40.67
39.07
39.62
40.35
41.05
39.08
39.63
40.33
41.05
39.08
39.63
40.33
41.05
9.6
5.8
7.5
7.1
9.0
6.0
7.0
6.9
9.6
5.8
7.6
7.1
1976:
I
II
Ill
IV.
41.49
41.93
42.51
43,25
39.34
39.68
140.31
;
40.97
58.89
59.56
60.26
61.27
46.28
46.41
47.02
47.62
32.12
32.53
33.15
33.80
50.20
51.08
51.80
52.61
56.46
57.17
57.94
58.80
40.26
40.99
41.59
42.18
65.86
66.50
67.34
68.37
37.23
38.32
38.94
39.63
60.18
60.83
61.16
62.26
52.02
52.80
5375
54.31
39.89
40.40
40.91
41.66
41.12
41.55
42.25
43.34
38.78
39.35
39.74
40.24
41.11
41.56
42.18
42.88
41.49
41.94
42.52
43.25
41.50
41.92
42.50
43.27
41.50
41.92
42.51
43.28
4.3
4.3
5.6
7.1
4.4
4.5
6.1
6.8
4.4
4.3
5.7
7.1
1977:
I
II
Ill
IV
43.97
44.69
45.32
46.08
41.69
42.44
43.08
^43.70
61.82
62.15
62.82
63.66
48.48
49.41
49.98
50.56
34.46
35.17
35.87
36.47
53.76
5479
56.03
57.24
60.03
60.96
62.03
63.12
43.49
44.28
45.27
46.21
69.46
70.44
71.52
72.66
40.57
41.68
43.05
44.35
62.95
63.89
63.58
63.88
56.21
57.78
58.55
59.15
42.52
43.19
4373
44.75
44.40
44.97
45.25
46.69
40.97
41.70
42.41
43.14
43.68
44.45
45.14
45.92
43.98
4470
45.33
46.09
43.97
44.69
45.23
46.16
43.97
4471
45.25
46.17
6.9
67
5.8
6.9
77
7.2
6.4
7.0
6.8
6.8
5.8
6.9
1978:
I
II
Ill
IV.
46.86
47.79
48.64
49.62
44.44
;45.39
i 46.21
! 47.07
64.63
65.62
66.68
67.85
51.28
52.53
53.47
54.43
37.19
37.96
38.68
39.42
58.34
59.58
60.76
62.00
64.02
65.13
66.23
67.40
47.21
48.53
49.74
51.10
73.44
74.35
75.31
76.27
45.66
47.02
48.24
49.51
65.17
66.79
67.86
70.08
60.15
61.60
62.61
63.70
45.33
45.97
46.67
47.52
47.21
47.68
48.36
49.54
43.75
44.52
45.21
45.84
46.67
47.60
48.45
49.37
46.86
47.80
48.65
49.63
46.86
47.77
48.60
49.59
46.87
47.78
48.61
49.60
6.9
8.2
7.3
8.3
6.8
8.2
7.3
7.8
6.9
8.2
7.3
8.3
1979:
I
II
Ill
IV.
50.58
51.73
52.79
53.86
U8.04
49.21
150.42
51.67
68.98
70.19
70.99
72.25
55.90
5770
59.44
60.99
40.09
40.89
41.85
42.92
63.29
64.93
66.51
67.86
68.84
70.37
71.86
73.20
52.54
54.13
55.81
57.00
77.64
79.05
80.31
81.69
50.48
52.22
53.89
55.20
72.15
75.11
76.90
78.35
66.18
69.62
74.84
79.84
48.47
49.47
50.86
52.34
50.24
51.10
52.11
54.26
46.94
48.04
49.68
5070
50.38
51.58
52.89
54.20
50.60
51.75
52.81
53.87
50.55
51.71
52.81
53.90
50.56
51.72
52.82
53.90
8.0
9.4
8.5
8.3
8.4
9.9
10.5
10.3
8.0
9.4
8.4
8.3
1980:
I
II
Ill
IV.
.55.08
56.35
57.62
59.16
=5^.26
j 54.60
155.86
; 57.13
74.30
75.96
77.30
78.62
63.18
64.65
66:00
67.43
44.09
45.30
46.50
47.65
69.45
74.85
71.07 ' 76.60
72.61
78.24
74.20
79.89
57.99
59.18
60.43
62.30
83.76
85.86
87.69
89.02
56.65
57.98
59.31
60.77
80.66
81.76
84.03
86.82
86.47
89.61
92.09
93.64
53.60
55.03
56.27
58.31
55.24
56.59
57.52
60.44
52.13
53.61
55.08
56.47
55.73
57.14
58.43
59.89
55.09
56.35
57.63
59.17
55.11
56.34
57.60
59.13
55.12
56.35
57.61
59.14
9.4
9.5
9.4
11.1
11.8
10.5
9.3
10.4
9.4
9.5
9.4
11.1
1981:
I
II
Ill
IV.
60.67
6175
62.95
64.10
; 58.55
,59.55
60.62
61.59
79.62
81.15
82.33
83.37
69.33
70.09
70.75
71.30
48.85
49.90
51.19
52.38
76.21
77.93
79.25
80.82
82.19
84.23
85.76
87.56
65.03
67.31
69.24
71.65
9076
92.46
93.55
94.67
62.10
63.08
63.88
64.82
88.98
89.32
.89.51
89.83
96.11
96.67
94.15
94.36
5976
60.83
61.56
63.04
61.46
62.38
63.06
65.32
58.23
59.40
60.16
61.05
61.42
62.53
63.56
64.70
60.68
61.77
62.96
64.11
60.66
61.76
62.95
64.10
60.67
61.77
62.97
64.11
10.6
7.3
8.0
7.5
10.7
7.4
6.7
7.4
10.6
7.4
8.0
7.5
1982:
I
II
Ill
IV.
65,00
65.84
6675
67.44
62.36
62.98
63.95
64.64
84.08
8474
84.99
85.22
71.74
71.86
72.79
72.97
53.34
54.23
55.32
56.36
81.85
82.88
83.38
83.51
88.63
8970
90.17
90.25
73.18
73.93
74.14
73.78'
95.20
96.46
97.13
97.59
65.77
66.75
67.31
67.63
90.30
90.26
89.64
89.14
94.05
92.42
91.32
90.62
64.13
65.02
65.82
6676
66.40
67.15
6772
68.83
62.12
63.13
64.10
64.91
65.56
66.29
67.16
67.83
65.01
65.85
66.76
67.44
64.99
65.83
66.75
67.45
65.00
65.84
66.76
67.46
5.8
5.3
5.6
4.2
5.4
4.6
5.4
4.0
5.8
5.2
5.6
4.2
1983:
I
II
Ill
IV.
67.98
68.59
69.17
6975
65.14
65.90
66.58
67.15
85.82
86.11,
86.53
87.07
72.94
73.81
74.35
74.46
57.16, ]
57.92 '
58.71 ,
59.54 -
83.06
8275
82.65
82.77
89.50
88.98
88.68
88.56
72.50
7174
71.57
71.46
97.35
97.06
96.67
96.55
67.96
68.12
68.46
69.07
89.51
89.84
90.35
91.26
8871
8871
88.88
88.31
67.22
67.83
68.43
68.85
69.26
6976
70.29
70.51
65.38
66.08
. 66.74
67.34
68.22
68.80
69.35
69.83
67.99
68.61
69.18
69.77
67.95
68.56
69.16
69.77
67.96
68.57
69.18
69.79
3.3
3.6
3.4
3.4
2.3
3.5
3.2
2.8
3.3
3.7
3.4
3.4
1984:
I
II
Ill
IV.
70.59
71.18
71.74
72.24
67.81
68.40
6;8,9Q
6.9,40
87.04
87.59
8775
87.93
75.30
75.47
7572
76.05
60.22
61.05
61.75
62.39 :
82.88
83.28
83.54
83.77
88.54
88.85
88.93
89.01
71.55
72.26
72.71
73.14
96.44
69.48
70.03
96.44
70.71
96.23
96.05 ' 71.25
91.36
91.97
91.07
90.13
88.58
89.07
87.49
86.41
7071
71.35
71.91
; 72.47
73.38
73.93
74.40
74.87
68.35
69.05
69.71
70.33
70.67
71.25
7172
72.18
70.60
71.19
71.75
72.25
70.59
71.16
7173
72.24
70.60
71.17
71.74
72.25
4.9
3.4
3.2
2.8
4.9
3.3
2.7
2.5
4.9
3.3
3.2
2.8
I
II
Ill
IV.
73.01
73.49
73.88
74.40
.7075
i 7^1.23
JZ1.91.
88.40 .
88.65
88.54
88.77
76.63
77.16
77.40
78.01
63.20
64.00
6472,
65.52
84.05
84.16
84.54
85.05 '
89.25
89.34
89.68
90.03
73.68 ,
73.86
74.25
74.67
96.05
96.07
96.35
96.64
71.61
71.77
72.26
73.09
89.24
89.05
88.34
88.17
84.36
84.72
84.66
86.34
73.20
73.58
73.82
74.53
75.52
75.56
75.43
76.17
71.13
71.78
72.36
73.02
72.80
73.32
73.73
74.38
73.01
73.50
73.89
74.41
73.00
73.50
73.85
74.39
73.01
73.50
73.86
74.40
4.3
27
2.1
2.9
3.5
2.8
2.3
3.6
4.3
2.7
2.1
2.9
I
II
Ill
IV
74.69
75.04
75:51
76.05
77.80
76.44
76.76
77.04
66.31 ' 85.45
86.13
67.01
86.95
67.61
87.52
68.31
90.20
90.86
91.60
92.00
74.97;
75.37
7571
76,10
96.73
97.54
98.51
98.90
73.97
74.68
75.65
76.53 .
87.64
87.26
86.85
87.56
86.52
83.82
84.36
85.33
74.62
74.79
75.13
7576
76.02
76.10
76.08
76.21
73.32
73.57
74.22
75.27
74.71
74.85
75.37
75.94
74.69
75.05
75.52
76.06
74.68
75.05
75.51
76.01
74.69
75.05
75.51
76.02
1.5
1.9
2.5
2.9
1.8
7
2.9
3.0
1.5
1.9
2.5
2.9
I
II
Ill
IV
76.73
77.27
77.83
78.46
78.55
79.36
80.T0
80.65
69.03.
69.80
70.52
71.46
91.94
87.75
91.86
87.90
f
88.06 - 9176
92.50
88.79
76.12 v 98.78
98.48
76.41,
76.80; •• 98.08
77.55: • 9878
77.34
77.93
78.59
79.30
88.02
89.40
89.73
91.33
, 87.54
89.77
90.67
92.10
76.48
77.00
77.55
77.82
76.82
76.96
77.15
77.19
76.08
76.93
7779
78.25
76.76
77.40
78.01
78.64
7674
77.27
77.84
78.46
76.70
77.27
77.84
78.46
76.71
77.27
77.84
78.46
3.6
2.9
2.9
3.3
4.4
3.4
3.2
3.3
3.6
2.8
2.9
3.3
I
II
Ill
IV
78.99
7979
80.73
81.36
81.00
81.88
82.89
83.59
72.19
73.16
74.12
74.98
89.59
90.18
90.61
91.52
99.37
99.69
99.87
100.88
80.01
8073
81.23
81.99
92.34
94.31
95.52
95.38
93.41
95.14
94.19
95.10
78.50
79.18
79.61
79.92
78.22
78.87
79.05
79.14
78.64
79.35
79.97
80.46
79.21
80.01
80.75
81.46
78.99
79.80
80.73
81.36
78.98
79.79
80.71
81.33
78.99
7979
8072
81.34
2.7
4.1
4.8
3.2
2.9
4.1
3.8
3.6
2.7
4.1
4.8
3.2
1985:
1986:
1987:
1988:
,
w.m
* 72.30 i 88.81
i 72.33
'72.86
: 73.40
;
!
'74.37
89.30
90.08
90.55
91.31
! 75.14 : 91.96
175.86 , 92.62
;76.&1J ! 92.95
il7.fi
77.99
78.93
7971
See footnotes at the end of the table.
92.69
93.15
93.76
94.36
93.34
93.86
94.26
95.23
78.77
79.60'
80.36
81.21
August 2002
GDP and Other Major NIPA Series
138
Table 3. Price Indexes for Gross Domestic Product and Gross Domestic Purchases—Continued
[Index numbers, 1996=100; quarterly estimates are seasonally adjusted]
Implicit price
deflators
Chain-type price indexes
Exports and
imports of goods
and services
Private fixed investment
Personal consumption expenditures
Year and
quarter
Government'
Nonresidential
GDP
Total
Durable
goods
Nondurable
goods
Services
Total
Total
Structures
Equipment
and
software
Residential
Exports
Imports
Percent change from preceding period for chain-type
price indexes
Total
Federal
State
and local
Gross
domestic
purchases
GNP
GDP
GNP
GDP
Gross
domestic
purchases
GNP
1989:
I
II
Ill
IV.
82.20
83.02
83.62
84.24
80.61
81.68
82.18
82.97
94.83
94.93
95.24
95.55
84.60
86.56
86.67
87.23
75.90
76.69
77.45
78.45
92.00
92.58
92.97
93.48
95.66
96.03
96.47
96.99
81.92
82.87
83.49
84.12
101.14
101.18
101.52
101.95
82.58
83.58
83.86
84.36
96.39
96.55
95.97
95.69
96.74
97.86
96.20
96.67
81.12
81.67
82.15
82.61
80.68
80.96
81.43
81.41
81.39
82.15
82.63
83.48
82.36
83.26
83.74
84.43
82.21
83.03
83.63
84.26
82.20
83.01
83.62
84.24
82.20
83.02
83.63
84.25
4.2
4.0
2.9
3.0
4.5
4.4
2.4
3.3
4.2
4.1
3.0
3.0
1990:
I
II
Ill
IV.
85.19
86.17
87.00
87.76
84.08
84.98
86.12
87.34
95.99
95.90
95.92
96.20
89.16
89.84
91.46
93.45
79.24
80.46
81.55
82.54
94.02
94.32
94.93
95.52
97.47
97.76
98.45
99.22
84.85
85.44
86.13
86.66
102.29
102.39
103.07
103.95
85.05
85.40
85.79
85.93
95.74
96.04
96.95
98.41
98.02
96.22
98.98
104.49
83.88
84.61
85.41
86.74
82.57
83.28
83.87
85.41
84.82
85.57
86.54
87.71
85.48
86.27
87.26
88.41
85.21
86.18
87.01
87.78
85.18
86.16
86.99
87.74
85.20
86.17
87.00
87.76
4.6
4.7
3.9
3.5
5.1
3.7
4.7
5.3
4.6
4.7
3.9
3.6
1991:
I
II
Ill
IV.
88.78
89.41
89.99
90.47
87.99
88.56
89.16
89.92
97.07
97.21
97.54
97.73
93.29
93.59
93.84
94.31
83.57
84.35
85.19
86.19
96.24
96.23
96.20
95.89
100.10
99.96
99.72
99.42
87.46
87.59
87.55
86.70
104.86
104.59
104.25
104.22
86.17
86.54
87.08
86.75
98.72
98.24
97.62
97.83
101.24
98.55
97.44
98.49
87.47
87.70
88.27
88.72
86.56
86.76
87.41
87.99
88.11
88.36
88.87
89.23
89.09
89.51
90.04
90.60
88.79
89.42
89.99
90.47
88.76
89.40
89.99
90.47
88.78
89.41
90.00
90.48
4.7
2.9
2.6
2.2
3.1
1.9
2.4
2.5
4.7
2.8
2.6
2.2
1992:
I
II
Ill
IV.
91.16
91.68
91.98
92.56
90.73
91.35
91.86
92.56
97.93
98.28
98.37
98.55
94.51
94.94
95.53
95.82
87.41
88.18
88.72
89.71
95.81
95.92
96.12
96.42
99.41
99.25
99.27
99.22
86.63
87.01
87.41
88.11
104.24
103.82
103.67
103.29
86.48
87.29
87.91
89.06
97.77
97.88
97.90
97.71
97.96
98.59
100.13
99.67
89.33
90.00
90.43
90.67
89.07
89.76
90.35
90.12
89.48
90.14
90.44
91.04
91.25
91.81
92.26
92.81
91.16
91.68
91.98
92.56
91.16
91.67
91.97
92.55
91.15
91.67
91.97
92.55
3.1
2.3
1.3
2.5
2.9
2.5
2.0
2.4
3.1
2.3
1.3
2.5
1993:
I
II
Ill
IV
93.33
93.83
94.26
94.79
93.07
93.65
93.96
94.54
98.44
98.88
99.27
99.65
96.14
96.13
95.93
96.38
90.44
91.34
91.90
92.58
97.00
97.37
97.64
97.82
99.63
99.80
99.85
99.94
88.99
89.84
90.61
91.43
103.50
103.37
103.14
102.93
90.08
90.93
91.76
92.17
97.73
97.95
97.82
97.77
98.16
98.86
97.98
97.74
91.63
92.21
92.70
93.22
91.26
91.79
92.61
93.07
91.86
92.48
92.73
93.30
93.42
93.98
94.32
94.83
93.33
93.84
94.27
94.80
93.32
93.82
94.24
94.79
93.32
93.83
94.26
94.81
3.4
2.2
1.8
2.3
2.7
2.4
1.5
2.2
3.4
2.2
1.8
2.3
1994:
I
II
Ill
IV
95.28
95.72
96.29
96.74
94.81
95.31
96.13
96.56
99.88
100.36
101.00
101.00
96.21
96.45
97.26
97.40
93.09
93.73
94.59
95.24
98.35
98.74
99.16
99.41
100.24
100.56
100.74
100.60
92.15
92.81
93.86
95.17
103.08
103.26
103.12
102.46
93.25
93.80
94.81
96.05
98.17
98.57
99.17
99.84
97.24
98.51
100.12
100.60
93.90
94.66
95.11
95.70
93.63
94.63
94.55
95.23
94.06
94.66
95.46
95.99
95.22
95.74
96.43
96.86
95.30
95.73
96.30
96.75
95.28
95.71
96.28
96.74
95.29
95.73
96.29
96.74
2.1
1.8
2.4
1.9
1.7
2.2
2.9
1.8
2.1
1.8
2.4
1.9;
1995:
1
II
Ill
IV.
97.45
97.86
98.31
98.79
97.15
97.71
98.16
98.57
101.36
101.22
100.94
100.72
97.46
97.83
98.10
98.31
96.16
96.95
97.63
98.27
99.84
100.20
100.27
100.25
100.75
101.09
101.04
100.82
96.35
97.06
97.79
98.38
102.25
102.45
102.14
101.64
97.23
97.69
98.09
98.62
100.92
101.73
101.48
101.01
101.05
102.84
102.15
101.28
96.67
97.23
97.69
98.63
96.18
96.52
97.11
99.04
96.98
97.66
98.04
98.39
97.51
98.04
98.42
98.85
97.46
97.87
98.31
98.80
97.45
97.86
98.30
98.78
97.45
97.87
98.31
98.79
3.0
1.7
1.8
2.0
2.7
2.2
1.6
1.8
3.0
1.7
1.8
2.0
1996:
I
II
Ill
IV.
99.40
99.74
100.23
100.63
99.16
99.79
100.18
100.87
100.78
100.13
99.77
99.32
99.09
99.98
100.02
100.92
98.87
99.62
100.35
101.17
100.04
99.84
100.08
100.05
100.40
99.97
99.92
99.71
98.87
99.42
100.44
101.28
100.91
100.16
99.74
99.19
99.00
99.44
100.53
101.03
100.83
100.51
99.81
98.85
100.87
100.42
99.28
99.43
99.84
99.48
100.10
100.58
100.27
99.45
99.93
100.35
99.58
99.50
100.20
100.72
99.42
99.74
100.16
100.68
99.40
99.75
100.23
100.63
99.39
99.74
100.22
100.63
99.39
99.74
100.22
100.63
2.5
1.4
2.0
1.6
2.3
1.3
1.7
2.1
2.5
1.4
1.9
1.6
1997:
I
II
Ill
IV
101.36
101.82
102.12
102.49
101.49
101.77
102.09
102.43
98.99
98.08
97.27
96.65
101.33
101.18
101.31
101.53
102.08
102.83
103.48
104.09
100.00
99.91
99.93
99.86
99.44
99.14
98.93
98.55
102.47
103.56
104.89
106.02
98.44
97.69
97.00
96.14
101.66
102.22
102.96
103.89
98.66
98.72
98.46
98.04
98.28
96.43
95.82
95.21
101.72
102.01
102.26
102.93
101.42
101.60
101.49
102.00
101.90
102.25
102.71
103.47
101.28
101.49
101.74
102.07
101.34
101.80
102.10
102.46
101.34
101.82
102.12
102.49
101.33
101.80
102.10
102.4$
2.9
1.9
1.2
1.4
2.4
.8
1.0
1.3
2.9
1.8
1.2
1998:
I
II
Ill
IV.
102.76
103.02
103.38
103.66
102.58
102.83
103.18
103.54
96.27
95.75
95.11
94.49
101.17
100.99
101.36
101.70
104.62
105.26
105.82
106.41
99.34
99.05
98.90
98.83
97.75
97.13
96.65
96.27
106.84
107.61
107.97
108.45
94.84
93.80
93.07
92.44
104.28
105.06
106.02
106.95
97.08
96.58
95.86
95.52
92.58
91.58
90.48
90.43
103.14
103.46
103.91
104.36
102.14
102.43
102.78
103.15
103.72
104.05
104.56
105.05
102.09
102.26
102.54
102.84
102.73
102.98
103.34
103.62
102.76
103.01
103.38
103.65
102.73
102.98
103.34
103.62
1.1
1.0
1.4
1.1
.1
.7
1.1
1.2
1.1
1.C
1.4
1.1
1999:
I
II
Ill
IV.
104.12
104.52
104.84
105.28
103.86
104.44
105.00
105.62
93.69
93.23
92.83
92.37
102.15
103.30
104.18
105.12
106.92
107.45
108.08
108.79
98.90
98.90
98.79
98.90
96.03
95.67
95.27
95.16
108.82
109.30
109.89
110.76
92.04
91.46
90.80
90.44
108.04
109.23
110.11
110.98
95.21
95.30
95.48
95.88
89.57
90.65
91.94
93.19
105.20
106.13
106.96
107.78
104.35
104.82
105.37
105.78
105.71
106.87
107.86
108.90
103.19
103.72
104.21
104.77
104.08
104.48
104.80
105.24
104.12
104.51
104.83
105.27
104.08
104.48
104.80
105.24
1.8
1.5
1.2
1.7
1.4
2.1
1.9
2.2
1.E
1.J
1.5
1.7
2000: I
II
Ill
IV
106.08
106.69
107.13
107.68
106.52
107.11
107.67
108.26
91.91
91.74
91.24
90.95
106.49
107.28
108.04
108.53
109.76
110.45
111.16
112.03
99.46
99.78
100.21
100.54
95.33
95.43
95.73
95.86
112.20
113.31
114.58
116.07
90.27
90.10
90.15
89.91
112.88
113.97
114.85
115.90
96.36
96.84
97.04
97.08
94.69
94.96
, 96.03
96.26
109.46
110.26
111.07
111.80
107.87
108.05
108.48
108.51
110.36
111.50
112.49
113.59
105.72
106.30
106.87
107.43
106.05
106.65
107.09
107.64
106.07
106.68
107.12
107.68
106.04
106.64
107.08107.64
3.1
2.3
1.6
2.1
3.7
2.2
2.2
2.1
3.1
2.:
1,(
2-1
2001:
108.66
109.32
109.92
109.78
109.15
109.64
109.62
109.84
90.68
89.89
89.29
88.95
109.00
109.80
109.42
108.45
113.43
114.08
114.40
115.39
100.97
101.27
101.22
101.19
95.96
95.97
95.69
95.31
119.01
120.23
120.14
119.66
89.25
88.93
88.60
88.26
117.49
118.78
119.50
120.60
96.87
96.46
96.00
95.06
95.66
94.22
89.93
90.97
112.96
113.47
113.37
113.27
109.73
110.15
110.30
110.18
114.73
115.28
115.06
114.97
108.30
108.76
108.72
108.84
108.63
109.29
109.89
109.75
108.65
109.32
109.92
109.78
108.6Z
109.29'
109.89
109.74
3.7
2.5
2.2
-.5
3.3
1.7
-.2
.4
3."/
2.1
2.:
110.14
110.14
88.00
108.52
116.15
100.82
94.82
118.56
87.93
120.61
94.88
90.61
114.27
1,12.42
115.29
109.15
110.11
110.14
110.11,
1.3
1.2
1.:
I
II
Ill
IV.
2002: I
1. Government consumption expenditures and gross investment.
GDP Gross domestic product.
GNP Gross national product.
1-4
August 2002
139
SURVEY OF CURRENT BUSINESS
Table 4. National Income and Disposition of Personal Income
[Billions of dollars; quarterly estimates are seasonally adjusted at annual rates]
Disposition of personal income
National income
Compensation of employees
Year and
quarter
National
income
and
salary
accruals
Supplements to
wages
and
salaries
Wage
Total
Proprietors'
income with IVA
and CCAdj.
Farm
Nonfarm
Rental
income
of
persons
with
CCAdj.
Corporate profits with IVA and
CCAdj.
Total
IVA
CCAdj.
Profits
before
tax
Net
interest
Addendum:
Corporate
profits
aftpr fay
dllcl LdX
Personal
income
Less:
Personal
tax and
nontax
payments
Equals:
DPI
, Less:
Personal
outlays
Equals:
Personal
saving
Saving
as a
percentage of
Real
DPI 1
DPI
1929
86.8
51.1
50.5
.7
6.2
8.7
5.6
10.6
.5
-.5
10.6
4.6
9.2
85.3
2.1
83.2
79.3
3.9
4.7
672.3
1930
1931
1932
1933
1934
75.6
60.4
43.9
41.4
50.2
46.9
39.8
31.1
29.6
34.3
46.2
39.2
30.5
29.0
33.7
.7
.6
.6
.5
.6
4.4
3.5
2.1
2.6
2.9
7.3
5.6
3.5
3.2
4.6
4.9
4.0
3.2
2.5
2.1
7.3
2.8
-.4
-.3
2.3
3.3
2.4
1.0
4.3
.4
-1.9
1.7
3.1
1.2
2.3
1.9
1.3
1.0
1.0
1.1
74.6
64.2
49.1
45.9
52.7
71.3
61.6
49.5
46.6
52.1
-.7
.6
4.3
4.0
-.8
-1.5
-.2
76.5
65.5
50.0
46.9
53.8
3.2
2.6
-.6
4.8
4.8
4.4
3.9
3.9
3.4
-.1
-2.1
-.3
.0
.0
.1
1.2
629.3
607.8
526.5
510.7
560.3
1935
1936
1937
1938
1939
57.9
65.8
74.0
67.4
72.9
37.4
42.9
48.0
45.0
48.1
36.7
42.0
46.1
43.0
46.0
.7
1.0
1.8
2.0
2.2
5.3
4.3
6.0
4.4
4.4
5.4
6.6
7.1
6.8
7.3
2.2
2.3
2.6
3.1
3.3
3.8
5.9
6.7
4.6
6.2
-.2
-.7
.0
1.0
-.7
-.2
-.3
-.7
-.8
-.7
4.2
6.9
7.5
4.4
7.6
3.9
3.7
3.6
3.5
3.5
3.3
5.5
5.9
3.4
6.2
60.5
68.8
74.3
68.6
73.1
1.3
1.5
2.1
2.1
1.7
59.2
67.3
72.2
66.5
71.4
56.6
63.0
67.7
65.1
68.0
2.6
4.3
4.5
1.5
3.4
4.4
6.4
6.2
2.2
4.7
614.7
692.2
716.6
675.9
732.3
1940
1941
1942
1943
1944
81.1
104.3
137.6
171.4
184.3
52.2
64.8
85.3
109.6
121.3
49.9
62.1
82.1
105.8
116.7
2.3
2.7
3.2
3.8
4.5
8.4
-.2
3.2
3.2
3.1
2.7
2.3
10.7
10.6
11.5
11.5
78.6
96.3
123.8
152.4
166.3
1.9
2.5
5.1
17.0
18.0
76.7
93.8
118.7
135.4
148.3
72.2
82.1
89.7
100.4
109.3
5.9
-2.5
-1.2
10.4
18.3
22.0
25.6
24.5
4.5
15.0
20.0
24.5
24.6
-.8
-.9
-.8
-.3
.4
7.6
10.9
14.0
17.0
18.3
3.4
4.0
5.0
5.6
5.9
9.5
10.1
12.0
12.0
11.7
29.0
34.9
39.0
12.4
24.4
25.8
26.3
781.1
899.0
1,012.4
1,057.9
1,096.1
1945
1946
1947
1948
1949
183.3
182.3
198.6
223.3
216.7
123.3
119.6
130.1
142.0
142.0
117.5
112.0
123.1
135.5
134.7
5.8
7.6
7.0
6.5
7.2
12.4
14.8
15.1
17.5
12.7
19.3
21.7
20.5
22.9
23.1
6.1
7.0
7.0
7.6
7.8
20.1
17.4
23.5
30.8
28.6
-.6
.7
-5.3
-5.9
-2.2
-2.3
-2.5
-2.9
-2.9
20.0
24.9
31.9
35.9
29.6
2.1
1.8
2.4
2.4
2.6
15.8
20.7
23.5
19.4
171.9
179.5
192.1
211.1
208.2
19.8
17.5
20.1
19.6
17.1
152.1
162.0
172.1
191.6
191.1
120.8
145.6
164.0
177.5
181.1
31.4
16.3
20.6
10.1
8.1
14.1
10.0
4.7
7.3
5.2
1,081.5
1,074.4
1,035.2
1,090.0
1,095.6
1950
1951
1952
1953
1954
241.0
278.7
293.3
308.2
308.4
155.4
181.5
196.3
210.3
209.3
147.2
171.6
185.6
199.0
197.2
8.1
9.9
13.5
16.0
15.1
13.0
12.5
25.1
27.8
29.2
30.3
31.0
8.7
9.5
10.5
11.5
12.5
35.4
40.4
38.4
38.7
37.9
-5.0
-1.2
10.7
11.4
12.0
-2.9
-3.2
-2.8
-2.0
-1.1
43.2
44.8
40.2
41.7
39.3
3.0
3.5
3.8
4.4
5.3
25.3
22.2
20.8
21.4
21.7
229.9
258.7
276.1
292.6
295.2
19.3
27.5
32.5
33.8
30.7
210.6
231.2
243.6
258.8
264.5
195.4
211.5
223.0
237.5
244.8
15.2
19.7
20.6
21.3
19.8
7.2
8.5
8.5
8.2
7.5
1,192.7
1,227.0
1,266.8
1,327.5
1,344.0
1955
1956
1957
1958
1959
338.5
358.7
375.0
377.3
411.5
225.8
244.6
257.6
259.6
281.0
212.1
229.0
239.9
241.3
259.8
13.7
15.6
17.7
18.3
21.2
11.5
11.3
11.3
13.1
10.9
34.0
35.7
37.7
38.3
40.9
12.8
13.1
13.8
14.5
15.2
48.5
47.4
47.0
42.4
53.7
-1.7
-2.7
-1.5
-.3
-.3
.3
-.4
-.5
-.3
.3
49.9
50.5
49.1
43.0
53.7
6.0
6.6
7.7
9.4
9.7
27.8
28.5
27.7
24.0
30.0
316.8
340.0
359.3
370.0
394.0
33.4
37.2
39.6
39.2
42.8
283.4
302.8
319.7
330.8
351.2
263.8
277.4
292.9
302.6
324.7
19.5
25.4
26.8
28.2
26.5
6.9 1,433.8
8.4 1,502.3
8.4 1,539.5
8.5 1,553.7
7.6 1,623.8
1960
1961
1962
1963
1964
427.5
442.5
477.1
504.4
542.1
296.4
305.3
327.2
345.3
370.7
272.8
280.5
299.3
314.8
337.7
23.6
24.8
27.9
30.4
33.0
11.4
12.1
12.1
11.9
10.8
40.4
42.3
44.4
45.8
49.9
16.2
16.9
17.8
18.5
18.6
52.3
53.5
61.6
67.6
74.8
-.2
.3
.0
.1
-.5
1.0
1.7
4.6
5.6
6.4
51.5
51.5
56.9
61.9
68.9
10.7
12.4
14.1
15.2
17.3
28.8
28.7
32.9
35.7
40.9
412.7
430.3
457.9
481.0
515.8
46.6
47.9
52.3
55.3
52.8
366.2
382.4
405.6
425.8
463.0
339.8
350.5
372.2
392.7
422.4
26.4
31.9
33.5
33.1
40.5
7.2
8.3
8.3
7.8
8.8
1,664.8
1,720.0
1,803.5
1,871.5
2,006.9
1965
1966
1967
1968
1969
589.6
646.7
681.7
743.6
802.7
399.5
442.6
475.2
524.3
577.6
363.7
400.3
428.9
471.9
518.3
35.8
42.4
46.2
52.4
59.4
13.1
14.1
12.8
12.8
14.2
52.2
55.5
58.4
62.6
64.7
19.2
19.9
20.4
20.2
20.3
86.0
92.0
89.6
96.5
93.7
-1.2
-2.1
-1.6
-3.7
-5.9
7.2
7.6
7.9
8.0
8.5
80.0
86.5
83.3
92.2
91.1
19.7
22.6
25.4
27.2
32.2
49.1
52.8
50.6
52.8
51.4
557.4
606.4
650.4
714.5
780.8
58.4
67.3
74.2
88.3
105.9
498.9
539.1
576.2
626.2
675.0
456.2
494.6
522.3
573.6
622.3
42.7
44.5
54.0
52.7
52.6
8.6
8.3
9.4
8.4
7.8
2,131.0
2,244.6
2,340.5
2,448.2
2,524.3
1970
1971
1972
1973
1974
837.5
903.9
1,000.4
1,127.4
1,211.9
617.2
658.8
725.1
811.2
890.2
551.5
584.5
638.7
708.6
772.2
65.7
74.4
86.5
102.6
118.0
14.3
14.9
18.8
30.7
25.2
65.5
71.2
78.9
84.5
90.3
20.3
21.2
21.6
23.1
23.0
81.6
95.1
109.8
123.9
114.5
-6.6
-4.6
-6.6
-19.6
-38.2
7.6
7.3
9.0
9.4
5.9
80.6
92.4
107.3
134.2
146.8
38.4
42.6
46.2
53.9
68.8
46.2
54.7
65.5
84.9
95.0
841.1
905.1
994.3
1,113.4
1,225.6
104.6
103.4
125.6
134.5
153.3
736.5
801.7
868.6
979.0
1,072.3
667.0
721.6
791.7
876.5
957.9
69.5
80.1
76.9
102.5
114.3
1975
1976
1977
1978
1979
1,302.2
1,456.4
1,635.8
1,860.2
2,075.6
949.0
1,059.3
1,180.4
1,336.0
1,500.8
814.7
899.6
994.0
1,121.0
1,255.6
134.4
159.7
186.4
215.0
245.2
23.5
18.7
17.5
21.5
23.7
98.1
115.6
130.8
148.5
160.0
22.0
21.5
20.4
22.4
24.5
133.0
160.6
190.9
217.2
222.5
-10.5
-14.1
-15.7
-23.7
-40.1
-1.2
-4.0
-2.4
-4.0
-7.4
144.8
178.6
209.0
244.9
270.1
76.6
80.8
95.7
114.5
144.2
93.9
114.4
136.0
161.4
182.1
1,331.7
1,475.4
1,637.1
1,848.3
2,081.5
150.3
175.5
201.2
233.5
273.3
1,181.4
1,299.9
1,436.0
1,614.8
1,808.2
1,056.2
1,177.8
1,310.4
1,469.4
1,642.4
1980
1981
1982
1983
1984
2,243.0
2,497,1
2,603.0
2,796.5
3,162.3
1,651.7
1,825.7
1,926.0
2,042.7
2,255.9
1,377.4
1,517.3
1,593.4
1,684.3
1,854.8
274.3
308.5
332.6
358.5
401.1
13.1
20.3
14.4
31.3
39.6
39.6
36.9
39.5
198.5
219.0
201.2
254.1
309.8
-42.1
-24.6
-7.5
-7.4
-4.0
-10.8
21.6
164.5
165.9
165.4
188.3
225.9
13.3
30.2
47.7
251.4
240.9
195.5
231.4
266.0
183.9
226.5
256.3
267.2
309.6
166.6
159.8
132.4
154.1
172.0
2,323.9
2,599.4
2,768.4
2,946.9
3,274.8
304.2
351.5
361.6
360.9
387.2
2,019.8
2,247.9
2,406.8
2,586.0
2,887.6
1985
1986
1987
1988
1989
3,380.4
3,525:8
3,803.4
4,151.1
4,392.1
2,425.2
2,570.7
2,755.6
2,973.8
3,151.0
1,995.2
2,114.4
2,270.2
2,452.7
2,596.8
430.0
456.3
485.4
521.1
554.2
21.5
23.0
29.0
26.0
32.2
245.5
255.6
274.8
312.7
329.6
39.1
32.2
35.8
44.1
40.5
322.4
300.7
346.6
405.0
395.7
.0
7.1
-16.2
-22.2
-16.3
67.2
50.3
48.2
45.3
35.3
255.2
243.4
314.6
381.9
376.7
326.7
343.6
361.5
389.4
443.1
158.7
136.9
187.5
244.8
235.3
3,515.0
3,712.4
3,962.5
4,272.1
4,599.8
428.5
449.9
503.0
519.7
583.5
1990
1991
1992
1993
1994
4,642.1
4,756.6
4,994.9
5,251.9
5,556.8
3,351.0
3,454.9
3,644.8
3,814.4
4,016.2
2,754.6
2,824.2
2,966.8
3,091.6
3,254.3
596.4
630.7
677.9
722.8
761.9
31.1
26.4
32.7
30.1
31.9
349.9
357.8
401.7
431.7
444.6
49.1
56.4
63.3
90.9
110.3
408.6
431.2
453.1
510.5
573.2
-12.9
4.9
19.9
10.2
-2.8
-4.0
-12.4
12.2
401.5
416.1
451.6
510.4
573.4
452.4
429.8
399.5
374.3
380.5
260.9
282.6
308.4
345.0
386.7
4,903.2
5,085.4
5,390.4
5,610.0
5,888.0
1995
1996
1997
1998
1999
5,876.7
6,210.4
6,618.4
7,041.4
7,468.7
4,202.5
4,395.6
4,651.3
4,989.6
5,308.8
3,441.1
3,630.1
3,886.0
4,192.1
4,475.6
761.4
765.4
765.3
797.5
833.2
22.2
34.3
29.7
25.6
27.7
475.5
510.5
551.5
598.2
650.7
117.9
129.7
128.3
138.6
149.1
668.8
754.0
833.8
777.4
805.8
-18.3
18.6
24.6
32.9
38.0
47.9
668.5
726.3
792.4
721.1
762.1
389.8
386.3
423.9
511.9
526.6
457.5
502.7
555.2
482.3
514.3
2000
2001
7,984.4
8,122.0
5,723.4
5,874.9
4,836.3
4,950.6
887.1
924.3
22.6
19.0
692.2
708.8
146.6
137.9
788.1
731.6
-15.0
5.0
20.8
56.5
782.3
670.2
611.5
649.8
I
II
Ill
IV.
172.4
179.0
186.3
191.5
115.2
117.5
121.4
124.4
107.7
109.6
113.5
117.2
7.5
8.0
7.8
7.2
13.0
13.6
16.1
16.6
21.1
22.1
22.2
21.3
7.4
7.0
6.8
6.8
14.0
17.0
18.0
20.5
-1.2
-2.8
-8.1
-8.9
-1.8
-2.1
-2.5
-2.9
17.0
21.9
28.6
32.3
I
II
Ill
IV.
194.2
195.4
198.5
206.1
127.2
128.7
130.1
134.3
119.7
121.5
123.4
127.8
7.5
7.2
6.6
6.5
16.7
13.2
14.8
15.7
20.7
20.3
20.2
20.9
6.8
6.9
7.1
7.3
20.5
23.9
24.0
25.6
-9.7
-4.7
-4.0
-5.2
-2.6
-2.3
-2.6
-2.6
32.8
31.0
30.6
33.5
1946:
1947:
See footnotes at the end of the table.
4.5
6.4
7.2
-.8
-.3
1.9
1.0
-1.0
-.3
3.1
8.4
18.3
-4.2
2.7
4.3
4.1
-1.5
9.3
—4
9.4 2,630.0
10.0
2,745.3
8.9 2,874.3
10.5
10.7
3,072.3
3,051.9
125.2
122.1
125.6
145.4
165.8
10.6
3,108.5
3,243.5
3,360.7
3,527.5
3,628.6
1,814.1
2,004.2
2,144.6
2,358.2
2,581.1
205.6
243.7
262.2
227.8
306.5
10.2
10.8
10.9
10.6
3,658.0
3,741.1
3,791.7
3,906.9
4,207.6
3,086.5
3,262.5
3,459.5
3,752.4
4,016.3
2,803.9
2,994.7
3,206.7
3,460.1
3,714.4
282.6
267.8
252.8
292.3
301.8
9.2
8.2
7.3
7.8
7.5
4,347.8
4,486.6
4,582.5
4,784.1
4,906.5
609.6
610.5
635.8
674.6
722.6
4,293.6
4,474.8
4,754.6
4,935.3
5,165.4
3,959.3
4,103.2
4,340.9
4,584.5
4,849.9
334.3
371.7
413.7
350.8
315.5
7.8
8.3
8.7
7.1
6.1
5,014.2
5,033.0
5,189.3
5,261.3
5,397.2
6,200.9
6,547.4
6,937.0
7,426.0
7,786.5
778.3
869.7
968.8
1,070.4
1,159.1
5,422.6
5,677.7
5,968.2
6,355.6
6,627.4
5,120.2
5,405.6
5,715.3
6,054.1
6,453.3
302.4
272.1
252.9
301.5
174.0
5.6
4.8
4.2
4.7
2.6
5,539.1
5,677.7
5,854.5
6,168.6
6,328.4
522.9
470.9
8,406.6
8,685.3
1,286.4
1,292.1
7,120.2
7,393.2
6,918.6
7,223.5
201.5
169.7
2.8 6,630.3
2.3 6,748.0
1.7
1.8
1.8
1.9
10.8
13.9
18.1
20.5
172.4
176.9
182.7
185.9
16.3
17.6
18.1
18.0
156.0
159.3
164.6
167.9
136.1
141.5
150.3
154.7
20.0
17.9
14.2
13.2
2.4
2.4
2.4
2.3
21.2
20.0
19.8
21.7
188.5
186.8
194.9
198.3
19.4
19.8
20.0
21.1
169.1
167.1
174.9
177.2
158.2
162.1
165.8
169.9
10.9
5.0
9.1
7.3
9.4
8.7
9.0
9.2
8.8
12.8
11.2
8.7
7.9
6.4 1,040.6
3.0 1,019.2
5.2 1,046.6
4.1 1,034.5
GDP and Other Major NIPA Series
140
August 2002
Table 4. National Income and Disposition of Personal Income—Continued
[Billions of dollars; quarterly estimates are seasonally adjusted at annual rates]
Disposition of personal income
National income
Compensation of employees
Year and
quarter
National
income
Total
Wage
and
salary
accruals
Supplements to
wages
and salaries
Proprietors'
income with IVA
and CCAdj.
Farm
Nonfarm
Rental
income
of
persons
with
CCAdj.
Corporate profits with IVA and
CCAdj.
Total
IVA
CCAdj.
Addendum:
Corporate
profits after
tax
Personal
income
Less:
Personal
tax and
nontax
payments
Equals:
DPI
Less:
Personal
outlays
Equals:
Personal
saving
DPI
6.1
5.0
5.2
4.6
1,087.8
1,091.3
1,096.8
1,106.3
17.4
9.5
7.4
4.2
8.0
1,186.1
1,178.1
1,196.5
1,210.0
13.0
22.4
22.0
21.5
5.8
9.7
9.4
9.1
1,207.9
1,225.8
1,235.8
1,238.5
20.9
19.2
22.8
19.6
8.8
8.0
9.3
7.8
1,238.5
1,252.0
1,276.1
1,300.5
20.0
22:0
22.1
7.8
8.5
8.2
8.5
1,317.5
1,336.3
1,330.2
1,325.9
22.3
18.8
18:5
19.4
8.5
7.2
7.0
7.2
1,330.3
1,327.9
1,344.2
1,373.6
256.6
261.9
266.3
270.5
17.7
18:7
' 20.9
20.9
6.5
7.2
1,392.7
1,423.3
1,451.1
1,468.1
295.1
300.5
304.7
311.0
272.3
275.1
278.4
283.9
22.8
25.3
26.2
27.1
7.7
8.4
8.6
8.7
1,480.9
1,497.8
1,504.1
1,526.5
39.2
39.6
39.9
39.5
314.0
318.4
323.0
323.5
288.4
290.7
295.4
297.2
,
25.6
27.6
27.6
8.2
8.7
8.5
8.1
1,527.5
1,538.6
1,548.7
1,543.1 j
362.5
364.8
373.9
378.9
38.9
38.4
39.6
40.0
323.6
326.4
334.2
338.9
296.9
299.8
304.8
308.8
•
8.3
8.2
8.8
8.9
1,524.7
1,534.1!
1,568.1!
1,588.0
384.8
393.7
395.9
401.6
41.2
42.4
43.1
44.2
343.6
351.3
352.8
357.4
316.6
322.9
328.4
330.9
7.8
10.1
29.8
32.5
29.2
28.6
6.9
7.4
1.599.51
1,629.6
1,627.0
1,639.2
56.5
52.1
49.8
47.7
10.4
10.3
10.8
11.2
31.5
29.2
27.9
26.9
407:8
412.4
414.6
416.2
45.8
46.5
47.0
47.0
362.0
365.9
367.6
369.2
334.6
340.7
340.9
343.0
27.4
25.2
26.7
26.3
7.6
6.9
7.3
7.1
1,657.7
1,666.5
1,667.7
1,667.2
1.5
1.8
1.8
1.8
46.8
49.6
52.6
56.9
11.6
12.2
12.6
13.3
26.2
27.7
29.3
31.6
420:0"
425i9
433.1
442.0
47.1
47.6
48.1
48.8
372.9
378.4
385.1
393.2
343.5
348.4
351.4
358.8
' • 29,5
7.9
7.9
8.7
8.8
1,680.6
1,705.4
1,729.4
1,764.4
.4
-.1
-.8
.5
4.5
4.6
4.7
4.8
56.0
55.7
57.5
58.4
13.0
14.0
14.5
15.0
32.2
32.2
33.2
34.0
448.0
455i8
461 iO
466.7
50.1
51.6
53.0
54.3
397.9
404.2
408.0
412.4
364.0
369.9
374.1
380.6
8.5
8.5
8.3
7.7
1.777.G
1,799.2
1,811.4
1,825.e
64.0
67.4
68.8
70.4
1.0
.2
-.2
-.8
5.0
5.6
5.8
6.2
58.0
61.6
63.2
64.9
14.7
14.9
15.4
15.9
33.6
35.5
36.4
37.4
471:4
476.3
483?6
492.9.
54.8
55.0
55.3
55.9
416.6
421.3
428.3
437.0
384.5
388:8
396.2
401.1
^
-32.1
!
- 32;5
, ; i 32,1
35 8
\
-
7.7
7.7
7.5
8.2
1,838.$
1,857.2
1,879.2
1,910.1
18.6
18.5
18.6
18.6
74.6
74.5
75.6
74.7
-.2
-.1
-.9
-.7
6.5
6.3
6.5
6.3
68.4
68.3
70.0
69.0
16.5
17.1
17.8
18.0
40.6
40.5
41.6
41.1
502:0
510.8
5207
329,7
54.5
50.5
52.4
54.0
447.5
460.3
468.3
475.7
410:8 : - 36.7
419>1 ; : r 41.2
428T.4 ; 1:39.9
431,3^ 1 . 44.4
8.2
8.9
8.5
9.3
1,947.f
1,999/
2,027.1
2,052.(
51.0
51.7
52.3
53.7
18.9
19.1
19.4
19.4
82.7
84.8
86.1
90.2
-.4
-1.1
-1.5
-1.9
6.9
7.2
7.6
7.3
76.2
78.8
80.0
84.8
19.0
19.5
20.1
20.1
46.8
48.5
49.1
51.9
539.6 :
54912:
563.6
577.1
57.7
59.2
57.8
59.1
481.9
490.1
505.8
518.0
442.2
449.8
459.3
473.6
15.7
13.5
13.5
13.7
54.9
55.1
55:6
56.3
19.8
19.8
20.1
20.1
93.4
92.2
90.5
91.7
-1.2
-2.7
-3.6
-1.0
7.5
7.6
7.6
7.7
87.1
87.3
86.6
84.9
21.3.
22.1
22.9
24.0
53.1
53.3
52.9
51.9
589.0
598.7
612.3'
625.7;
62.4
66.5
68.9
71.6
526.6
532.2
543.4
554.1
484/31
489#
499.1>
505.1.
13.2
12.3
13.0
12.5
57.357.9
59.2
59.1
20.3
20.4
20.5
20.4
89.0
87.9
89.2
92.3
-.4
7.6
7.7
8.1
8.1
81.8
81.5
82.8
87.1
24.5
25.3
25.6
26.1
49.6
49.6
50.6
52.9
635.7-;
642.5;
656.0
667.2
72.3
' 72.1
75.1
77.2
563.4
570.4
581.0
590.1
509"6
519:2f
526:3
533.9=
138.0
139.7
144.5
146.0
131.4
133.2
138.1
139.5
6.6
6.5
6.5
6.5
15.7
18.8
18.5
16.9
22.1
22.8
23.3
23.5
7.5
7.6
7.7
7.8
29.6
31.3
30.5
31.9
-2.9
-2.9
-2.8
1
II
Ill
IV
221.2
216.3
216.3
213.1
144.2
142.0
141.1
140.5
136.9
134.6
133.9
133.4
7.2
7.4
7.2
7.1
13.3
12.7
12.1
12.4
23.0
23.1
23.0
23.2
7.6
7.7
7.9
8.1
30.5
28.2
29.4
26.2
1
II
Ill
IV.
222.2
232.7
248.3
260.7
144.7
150.7
159.1
167.0
137.1
142.9
150.8
158.3
7.6
7.9
8.3
8.8
12.8
12.8
13.7
14.9
23.9
24.5
26.0
25.9
8.4
8.6
8.7
9.0
29.6
33.2
37.8
40.9
-3.3
-7.3
-8.5
1951: I
II
Ill
IV.
270.2
276.6
281.4
286.7
175.1
180.7
183.9
186.6
165.5
170.8
173.8
176.2
9.6
9.9
27.4
27.5
28.0
28.4
9.1
9.4
9.6
9.9
39.7
39.8
40.4
41.7
-8.7
-1.0
10.0
10.3
15.7
15.9
15.9
16.6
1952:
I
II
Ill
IV.
287.6
288.2
293.5
303.7
191.6
192.9
196.4
204.3
181.2
182.4
185.7
193.3
10.4
10.5
10.7
11.0
14.7
15.3
16.7
13.7
28.6
29.0
29.3
30.0
10.1
10.4
10.6
10.9
1953:
I
II
Ill
IV.
309.0
311.4
309.9
302.6
208.1
211.5
211.6
210.1
196.9
200.1
200.3
198.7
11.2
11.4
11.4
11.5
13.5
13.1
12.4
12.8
30.5
30.3
30.2
30.3
1954:
I
II
Ill
IV.
304.3
304.5
308.0
316.8
208.2
207.8
208.4
212.7
196.4
195.9
196.3
200.3
11.9
11.9
12.1
12.4
13.6
12.0
12.5
11.9
1955:
I
II
Ill
IV.
327.7
336.1
342.1
348.3
217.2
223.7
228.7
233.7
204.2
210.3
214.6
219.4
13.0
13.4
14.0
14.3
1956:
I
II
Ill
IV.
351.0
356.7
360.0
367.0
238.2
242.8
245.9
251.7
223.3
227.5
229.9
235.3
1957:
I
II
Ill
IV
373.0
375.0
378.8
373.4
255.4
257.1
259.8
258.3
I
II
Ill
IV.
367.9
368.8
379.7
392.6
I
II
Ill
IV.
9.8
-.1
-2.6
-2.8
-3.1
-3.2
35.1
36.9
36.3
35.2
2.5
2.4
2.4
2.4
22.9
24.1
23.8
23.0
204.3
209.7
215.3
215.3
21.5
19.3
18.6
18.8
182.8
190.4
196.7
196.5
172.9
176.8
179.7
180.6
1.4
2.8
3.0
.2
-2.9
-2.9
-2.9
-2.8
32.1
28.3
29.3
28.8
2.5
2.6
2.7
2.7
21.0
18.6
19.2
18.8
209.3
208.0
207.2
208.3
18.2
17.4
16.7
16.2
191.2
190.6
190.5
192.1
179.4
181.1
180.6
183,2
T1.7
-.7
-2.6
-2.8
-2.8
-3.3
33.0
39.4
47.9
52.7
2.9
2.9
3.0
3.1
19.3
23.1
28.0
30.8
222.6
223.2
232.1
241.8
17.0
18.0
19.3
22.9
205.6
205.3
212.8
218.8
186.1
190.1
203.9
201.4
19.5
15.2
3.5
1.5
-3.5
-3.3
-3.1
-3.0
51.9
44.1
40.1
43.2
3.3
3.4
3.6
3.6
25.6
21.8
19.9
21.6
250.4
257.3
260.9
266.3
24.9
26.8
28.2
30.1
225.5
230.5
232.7
236.2
212.5
208.1
210.8
214.8
39.0
36.9
36.7
40.9
1.3
1.2
.7
.8
-3.1
-3.0
-2.7
-2.6
40.7
38.7
38.8
42.7
3.6
3.7
3.8
3.9
20.9
20.0
20.2
22.2
268.5
272.1
278.9
284.9
31.3
32.3
32.7
33.5
237.1
239.8
246.1
251.4
216;3
220.6
223.3
231.7
11.2
11.4
11.6
11.9
41.6
40.8
39.6
32.7
-.4
-1.6
-2.0
-2.5
-2.2
-2.0
-1.4
44.5
44.6
43.6
34.1
4.2
4.3
4.4
4.8
22.9
22.8
22.3
17.5
289.5
293.6
293.6
293.7
33.9
33.9
33.7
33.5
255.6
259.6
259.9
260.2
235.6
237.7
238.6
238.1
30.2
30.8
31.0
32.0
12.2
12.4
12.5
12.7
35.1
36.3
38.2
41.9
.0
.0
-.7
-.5
-1.4
-1.3
-1.1
-.7
36.5
37.7
40.0
43.1
5.0
5.1
5.3
5.6
20.1
20.8
22.1
23.8
293.2
292.3
294.7
300.7
30.7
30.5
30.6
31.0
262.5
261.8
264.2
269.7
240.2
243.0
245.7
250.3
12.0
11.8
11.3
10.8
33.0
33.6
34.4
35.0
12.7
12.7
12.8
12.9
47.0
48.3
48.8
49.9
-1.1
-.2
.2
.8
.5
48.3
49.0
50.1
52.1
5.8
6.0
6.1
6.0
27.0
27.4
28.0
29.1
306.3
313.6
321.1
326.1
31.9
33.0
33.9
34.8
274.3
280.6
287.2
291.4
14.9
15.3
16.0
16.4
10.6
11.1
11.8
11.6
35.1
35.5
35.8
36.4
13.0
13.0
13.2
13.3
47.7
47.6
46.7
47.4
-2.9
-3.6
-1.2
-3.0
.4
-.1
-.8
-1.1
50.3
51.4
48.7
,51.5
6.3
6.6
6.7
6.6
28.2
28.9
27.6
29.2
331.1
337.3
342.2
349.5
35.9
36.8
37.5
38.5
238.2
239.6
241.8
240.1
17.2
17.5
18.0
18.2
10.4
11.0
11.8
11.9
37.3
37.6
38.1
37.8
13.5
13.7
13.8
14.0
49.1
48.0
47.4
43.5
-2.4
-1.5
-1.3
-.9
-.8
-.6
-.4
-.4
52.3
50.1
49.1
44.8
7.2
7.5
8.0
8.0
29.5
28.2
27.6
25.3
353.3
358.0
362.9
363.Q
255.3
254.9
261.0
267.3
237.3
236.9
242.6
248.4
18.0
18.0
18.4
18.9
13.4
13.3
13.0
12.6
37.7
38.0
38.5
39.2
14.3
14.4
14.5
14.6
38.4
38.9
43.1
49.1
-.2
.3
-.2
-.9
.1
-.6
-.6
-.3
38.5
39.2
43.9
50.2
8.8
9.3
9.6
9.8
21.6
22.0
24.5
27.9
402.7
416.0
411.4
415.8
274.4
281.7
282.4
285.7
254.0
260.5
260.9
263.9
20.5
21.1
21.5
21.8
11.7
10.8
10.3
10.9
39.9
41.1
41.4
41.0
14.6
15.1
15.5
15.7
52.7
57.6
52.1
52.4
-.6
-.3
.8
.0
.5
.2
.4
53.3
58.1
52.2
51.1
9.4
9.7
9.8
I
II
Ill
IV
427.9
427.6
428.2
426.5
294.1
296.9
297.7
297.1
270.7
273.4
273.9
273.3
23.4
23.6
23.7
23.8
10.3
11.3
11.8
12.4
40.8
40.6
40.2
40.1
16.0
16.1
16.3
16.5
56.4
52.4
51.4
49.2
-.9
-.6
.5
.3
.7
.8
1.0
1.2
1961: I
II
Ill
IV.
427.9
437.2
446.0
458.8
298.0
302.2
307.2
313.9
273.7
277.6
282.2
288.4
24.3
24.6
25.0
25.5
12.3
11.5
11.9
12.6
41.2
42.0
42.6
43.3
16.7
16.8
17.0
17.3
48.2
52.5
54.7
58.5
-.1
1.0
.3
-.2
1962:
I
II
Ill
IV.
467.8
474.4
479.8
486.6
320.4
326.4
329.2
332.7
293.2
298.7
301.1
304.2
27.2
27.7
28.1
28.5
12.2
11.8
11.9
12.3
43.7
44.3
44.8
44.7
17.5
17.7
18.0
18.1
60.9
60.2
61.4
63.7
1963:
I
II
Ill
IV.
491.5
500.3
508.1
517.7
337.5
342.4
347.5
353.6
307.9
312.3
316.8
322.2
29.6
30.1
30.7
31.4
12.1
11.7
11.7
12.3
44.9
45.4
46.1
47.0
18.3
18.5
18.6
18.6
1964:
I
II
Ill
IV.
529.1
537.3
547.7
554.4
360.0
367.4
374.7
380.7
328.2
334.8
341.4
346.7
31.9
32.6
33.3
34.0
10.8
10.1
10.4
11.8
48.5
49.8
50.6
50.6
1965:
I
II
Ill
IV
570.9
582.1
593.6
611.6
387.3
394.2
402.3
414.2
352.8
358.8
366.2
377,1
34.6
35.3
36.2
37.1
12.0
12.8
13.3
14.0
1966:
I
II
Ill
IV.
631.8
640.4
651.5
663.0
426.7
437.8
448.9
457.1
385.7
395.9
406.1
413.4
41.0
41.9
42.8
43.7
1967:
I
II
Ill
IV
667.7
672.8
686.1
700.0
463.3
469.0
478.7
489.6
418.8
423.5
431.9
441.5
44.5
45.5
46.7
48.1
1950:
1958:
1959:
1960:
See footnotes at the end of the table.
Real
DPI 1
1,055.3
1,087.7
1,107.1
1,109.8
215.4
222.6
227.0
228.4
1949:
Saving
as a
percentage of
5.4
7.2
8.6
8.1
I
II
Ill
IV.
1948:
Profits
before
tax
Net
interest
.0
-.9
-2.2
-2.8
-1.0
-1.3
-1.7
-2.8
13.6
17.0
15.9
9.5
9.9
8.9
8.8
•'21:3
!
• :,26-3
-26.8
-26.6
J !^29.4
30.1
!'" •••2B.9
"
28.4
v - 24.3
,
26.5
:' V
i
,.
••-••••310.0
• 33.7
34.4
^ ? 33;9
1
S 3*3
- u 33,9
n, 31 : 8
1 ^9.6
1 .^40.3
1 ••; M6.5
i , .44,5
•• 8.1
8.2 2,071.1
8.2 2,096.'
9.2 2,155.;
8.6 2,200.'
j : -. ;r 49-°
8.0
8.0
8.2
8.8
2,219.:
2,224.1
2,254.1
2,280.!
!
[:
»•»•
;,.
9.6
9.0
9.4
9.5
2,312.1
2,329.1
2,351,;
2,367'
! • ' 42;3
i '• ! -42.4
1 ' ; 7 44.3
53.8
T51.2
54.7
56,1
August 2002
141
SURVEY OF CURRENT BUSINESS
Table 4. National Income and Disposition of Personal Income—Continued
[Billions of dollars; quarterly estimates are seasonally adjusted at annual rates]
Disposition of personal income
National income
Compensation of employees
Year and
quarter
National
income
Total
Wage
and
salary
accruals
Supplements to
wages
and salaries
Proprietors'
income with IVA
and CCAdj.
Farm
Nonfarm
Rental
income
of
persons
with
CCAdj.
Corporate profits with IVA and
CCAdj.
Total
IVA
CCAdj.
Profits
before
tax
Net
interest
Addendum:
Corporate
profits after
tax
Personal
income
Less:
Personal
tax and
nontax
payments
Equals:
DPI
Less:
Personal
outlays
Equals:
Personal
saving
Saving
as a
percentage of
DPI
Real
DPI 1
1968:
I
II
Ill
IV.
717.8
736.5
752.8
767.5
504.5
517.6
531.4
543.9
454.1
465.9
478.3
489.3
50.3
51.7
53.1
54.5
12.6
12.3
13.0
13.3
60.6
62.3
63.6
64.0
20.2
20.2
20.3
20.1
93.3
97.1
97.2
98.5
-4.7
-2.9
-3.0
-4.1
8.1
8.1
8.0
7.8
89.9
91.9
92.2
94.7
26.6
27.1
27.3
27.8
51.5
52,6
52.8
54.3
686.8
706.5
724.7
739.9
79.8
82.9
93.1
97.1
607.0
623.5
631.5
642.8
552.2
566.5
583.2
592.4
54.8
57.1
48.3
50.4
9.0
92
7.7
7.8
2,409.5
2,4512
2,457.9
2,474.3
1969:
I
II
Ill
IV.
782.4
796.1
812.4
819.7
556.0
569.8
586.5
598.2
499.0
511.3
526.3
536.4
57.0
58.5
60.2
61.8
12.8
13.9
14.5
15.4
64.7
,65.0
65.1
64.0
20.3
20.3
20.4
20.3
98.5
95.5
92.9
88.0
-4.9
-5.2
-4.9
-8.4
8.4
8.5
8.6
8.4
95.0
92.2
89.2
87.9
30.1
31.6
33.0
33.9
53.7
52.0
50.4
49.4
753.8
771.7
791.7
806.2
103.9
107.0
105.5
107.1
649.9
664.7
686.1
699.1
604.9
616.9
627.6
639.9
45.0
47.8
58.6
59.2
6.9
7.2
8.5
8.5
2,477.5
2,501.5
2,550.2
2,568.1
1970:
I
II
Ill
IV.
823.7
833.8
846.7
845.7
608.5
614.0
622.1
624.1
545.0
549.0
555.6
556.3
63.5
65.0
66.5
67.9
15.1
13.8
14.5
13.9
64.2
64.7
65.9
67.1
20.2
19.9
20.5
20.7
80.3
83.9
83.7
78.7
-8.8
-4.6
-6.2
-6.6
8.1
7.6
7.4
7.2
81.0
80.8
82.5
78.0
35.4
37.4
39.8
41.2
46.8
46.6
47.2
44.3
817.1
838.3
850.5
858.5
106.0
107.0
102.2
103.1
711.1
731.2
748.3
755.4
651.4
661.8
674.0
680.8
59.6
69.5
74.3
74.6
8.4
9.5
9.9
9.9
2,581.9
2,626.0
2,661.1
2,650.9
1971:
I
II
Ill
IV
878.7
896.4
910.6
929.9
641.6
653.6
663.9
676.3
570.1
580.2
588.6
598.9
71.5
73.5
75.3
77.4
14.4
14.8
14.5
16.0
68.1
70.3
72.1
74.1
20.6
21.1
21.3
21.6
91.8
93.8
95.9
99.1
-3.6
-4.7
-5.6
-4.5
7.0
7.3
7.5
7.4
88.4
91.2
94.1
96.1
42.1
42.8
42.8
42.8
51.0
53.0
56.6
58.2
877.6
900.2
912.8
929.8
99.9
102.4
104.0
107.2
777.6
797.9
808.8
822.5
700.2
714.6
727.4
744.2
77.4
83.3
81.4
78.4
10.0
10.4
10.1
9.5
2,703.5
2,742.6
2,752.9
2,782.1
1972:
I
II
Ill
IV
961.4
979.0
1,009.4
1,051.8
701.0
715.8
729.7
754.0
617.8
630.4
642.3
664.2
83.2
85.4
87.4
89.8
15.0
17.2
19.7
23.1
75.5
76.5
79.3
84.2
21.9
19.1
22.7
22.8
104.5
105.6
110.7
118.2
-5.8
-5.8
-5.8
-9.0
8.4
8.3
9.4
10.1
102.0
103.1
107.2
117.1
43.5
44.7
47.2
49.5
62.0
62.9
65.6
71.4
957.6
974.0
1,000.9
1,044.5
121.7
125.4
126.3
129.2
835.9
848.7
874.6
915.3
761.9
780.6
799.4
825.0
74.1
68.0
75.1
90.3
8.9
8.0
8.6
9.9
2,797.6
2,822.9
2,883.6
2,993.0
1973:
I
II
Ill
IV.
1,087.9
1,110.2
1,1,36.7
1,174.9
781.6
800.9
819.8
842.5
683.2
700.0
716.1
735.3
98.4
101.0
103.7
107.3
23.2
28.8
31.5
39.3
84.5
83.6
84.7
85.3
23.2
23.3
22.5
23.5
125.4
122.1
122.6
125.7
-15.8
-21.1
-18.7
-22.7
9.9
9.1
8.7
9.7
131.4
134.0
132.6
138.7
49.9
51.5
55.5
58.7
82.3
84.4
84.6
88.3
1,067.1
1,096.8
1,125.5
1,164.4
128.5
131.2
136.1
142.0
938.6
965.6
989.4
1,022.4
850.4
866.4
886.0
903.1
88.3
99.1
103.4
119.3
9.4
10.3
10.5
11.7
3,031.9
3,059.6
3,079.3
3,118.3
1974:
I
II
Ill
IV.
1,184.2
1,199.9
1,224.8
1,238.8
860.5
881.3
903.1
915.9
748.1
765.2
783.0
792.4
112.4
116.2
120.1
123.5
30.7
21.8
22.9
25.2
87.8
89.5
92.3
91.7
23.5
22.8
23.0
22.7
118.6
117.0
113.2
109.0
-31.8
-36.7
-50.0
-34.4
8.8
7.3
5.5
2.1
141.6
146.5
157.8
141.2
63.0
67.5
70.3
74.4
92.8
95.1
1012
90.9
1,182.0
1,207.8
1,244.4
1,268.2
145.0
151.2
157.3
160.0
1,037.0
1,056.6
1,087.2
1,108.2
920.5
949.0
977.2
985.0
116.6
107.6
109.9
123.2
11.2
10.2
10.1
11.1
3,072.1
3,045.5
3,053.3
3,036.7
1975:
I
II
Ill
IV.
1,243.7
1,270.8
1,326.8
1,367.6
919.2
931.7
957.7
987.6
791.8
800.2
821.2
845.6
127.4
131.5
136.5
141.9
20.9
21.7
25.6
25.8
94.1
95.8
99.3
103.2
22.3
22.1
22.0
21.7
110.9
123.6
145.4
152.2
-12.4
-7.0
-11.7
-11.1
.3
-.9
-1.7
-2.7
122.9
131.4
158.9
166.0
76.4
75.8
76.8
77.3
80.0
85.3
102.3
108.1
1,281.0
1,310.9
1,348.4
1,386.5
160.5
123.7
155.6
161.4
1,120.5
1,187.1
1,192.9
1,225.1
1,010.1
1,039.1
1,073.2
1,102.3
110.4
148.1
119.7
122.8
9.9
12.5
10.0
10.0
3,015.0
3,156.6
3,114.9
3,147.6
1976:
I
II
Ill
IV.
1,416.0 1,022.3
1,438.3 1,045.9
1,469.3 1,070.8
1,501.8 1,098.1
871.1
889.2
908.3
929.8
151.2
156.7
162.5
168.3
21,0
18.6
17.6
17.4
108.8
113.2
118.2
122.2
21.7
21.0
21.4
21.8
164.5
159.0
159.4
159.3
-10.7
-14.9
-15.2
-15.6
-3.7
-4.6
-4.1
-3.4
178.9
178.5
178.8
178.3
77.7
80.5
81.8
83.1
113.5
114.1
114.8
115.3
1,424.6
1,453.2
1,492.8
1,530.9
165.2
172.1
179.0
185.7
1,259.4
1,281.1
1,313.8
1,345.2
1,138.1
1,158.7
1,189.1
1,225.2
121.4
122.5
124.7
120.0
9.6
9.6
9.5
8.9
3201.9
3,229.0
3,259.7
3,283.5
1977:
I
II
Ill
IV
1,551.1
1,612.4
1,667.8
1,712.1
1,127.0
1,164.4
1,196.9
1,233.4
949.9
980.8
1,007.3
1,038.0
177.1
183.6
189.6
195.5
18.4
15.7
15.1
20.6
125.7
128.7
132.6
136.4
21.9
20.4
19.7
19.6
168.6
190.2
205.9
199.1
-21.4
-15.3
-9.5
-16.6
-4.2
-2.9
-1.2
-1.2
194.2
208.4
216.5
216.9
89.5
93.0
97.6
102.9
126.8
135.4
140.9
140.9
1,569.7
1,610.4
1,656.3
1,712.1
191.9
198.9
201.9
211.9
1,377.8
1,411.5
1,454.4
1,500.2
1,261.8
1,291.6
1,324.4
1,363.8
116.0
119.8
130.1
136.4
8.4
8.5
8.9
,9.1
3,305.4
3,326.8
3,376.5
3,433.8
1978:
I
II
Ill
IV.
1,750.1
1,841.5
1,893.1
1,956.0
1,269.5
1,318.3
1,355.7
1,400.4
1,064.0
1,106.3
1,137.8
1,176.0
205.5
212.1
217.9
224.4
20.4
22.5
22.2
21.0
139.8
148.4
152.1
153.8
21.6
21.0
23.2
23.9
192.1
219.3
223.7
233.7
-20.8
-23.2
-23.3
-27.5
-2.6
-3.7
-4.6
-5.1
215.6
246.2
251.6
266.4
106.5
111.9
116.3
123.2
144.3
161.0
165.2
175.3
1,755.7
1,821.0
1,879.4
1,937.0
215.6
226.8
240.2
251.2
1,540.0
1,594.1
1,639.2
1,685.8
1,395.8
1,457.0
1,492.2
1,532.5
144.2
137.1
147.1
153.3
9.4
8.6
9.0
9.1
3,466.3
3,513.0
3,548.1
3,582.6
1979:
1
II
III.....
IV.
2,007.6
2,044.8
2,095.5
2;154.5
1,445.1
1,477.5
1,519.1
1,561.3
1,210.0
1,236.1
1,270.7
1,305.6
235.0
241.4
248.5
255.7
25.3
23.3
23.9
22.4
156.0
158.6
161.3
164.1
26.0
22.6
22.1
27.1
224.2
224.4
222.5
219.0
-35.1
-40.0
-44.1
-41.4
-5.9
-7.4
-8.3
-8.1
265.2
271.7
274.9
268.5
131.1
138.3
146.6
160.7
176.4
182.5
186.6
182.8
1,996.8
2,041.2
2,108.6
2,179.4
257.8
266.3
279.2
289.8
1,739.1
1,774.9
1,829.3
1,889.7
1,574.9
1,611.9
1,667.1
1,715.6
164.1
163.0
162.2
174.0
9.4
9.2
8.9
9.2
3,620.7
3,607.1
3,628.8
3,657.8
1980:
I
II
Ill
IV.
2,206.2
2,185.1
2,233.9
2,346.6
1,602.7
1,625.2
1,658.0
1,721.1
1,338.2
1,354.6
1,380.8
1,436.0
264.5
270.6
277.2
285.1
14.6
4.9
13.3
19.7
165.7
159.5
163.7
169.0
32.1
32.3
28.6
32.2
215.0
183.7
189.8
205.4
-53.5
-34.0
-42.3
-38.8
-10.4
-11.3
-11.2
-10.3
278.8
229.0
243.3
254.5
176.1
179.6
180.6
199.1
184.0
154.2
162.2
166.0
2,248.1
2,268.8
2,339.0
2,439.8
289.1
296.7
306.9
323.9
1,959.0
1,972.1
2,032.1
2,115.9
1,766.7
1,769.9
1,828.3
1,891.7
192.3
202.2
203.8
224.2
9.8
10.3
10.0
10.6
3,678.5
3,612.2
3,637.6
3,703.8
1981:
I
II
Ill
IV
2,428.7
2,452.2
2,550.0
2,5:57.3
1,773.9
1,807.6
1,846.6
1,874.8
1,474.5
1,502.1
1,534.9
1,557.6
299.4
305.5
311.7
317.3
19.3
19.5
24.5
18.1
173.7
162.4
165.3
162.2
39.6
38.1
38.8
42.0
218.6
211.7
230.9
214.6
-37.4
-24.3
-18.2
-18.6
-2.7
1.6
7.0
4.8
258.8
234.4
242.0
228.5
203.6
213.0
243.9
245.6
170.0
155.1
159.1
154.8
2,510.6
2,549.5
2,652.3
2,685.1
336.2
348.3
362.7
358.7
2,174.4
2,201.2
2,289.6
2,326.4
1,950.3
1,985.8
2,031.5
2,0492
224.1
215.5
258.1
277.2
10.3
9.8
11.3
11.9
3,713.5
3,696.6
3,777.0
3,777.2
1982:
I
II
Ill
IV.
2,560.3
2,606.6
2,618.1
2,626.9
1,898.7
1,917.4
1,937.0
1,950.8
1,573.0
1,586.8
1,601.9
1,611.8
325.7
330.6
335.1
339.0
15.4
14.0
13.1
,15.3
155.1
165.5
166.0
175.1
41.6
38.5
40.1
38.0
193.8
206.0
206.5
198.7
-12.9
-4.7
-6.4
-6.0
10.4
11.5
14.8
16.5
196.3
199.2
198.1
188.2
255.6
265.2
255.4
249.1
133.3
134.6
132.8
128.9
2,709.4
2,754.0
2,786.4
2,823.7
359.0
366.5
3572
363.9
2,350.4
2,387.6
2,429.2
2,459.9
2,086.6
2,113.4
2,159.4
2,218.9
263.8
274.2
269.9
240.9
11.2
11.5
11.1
9.8
3,769.4
3,791.4
3,799.4
3,806.4
1983:
I
II
Ill
IV
2,678.9 1,977.8
2,754.6 2,016.0
2,030.2 2,059.8
2,922.3 2,117.3
1,629.2
1,661.4
1,698.7
1,747.8
348.6
354.5
361.2
369.5
ii4.0
. ,8.9.
* 12
4.6
175.0
184.1
193.8
200.2
37.6
37.5
34.8
37.9
2.2
219.3
250.2 , -7.1
-15.2
267.7
-9.8
279.3
25.8
30.2
33.3
31.5
191.3
227.0
249.6
257.6
255.2
257.8
272.9
283.1
131.2
151.5
164.1
169.7
2,853.6
2,909.2
2,968.6
3,056.2
358.4
367.5
353.7
364.2
2,495.2
2,541.8
2,614.9
2,692.1
2,256.6
2,329.9
2,392.2
: 2,454.1
238.6
211.9
222.7
238.0
9.6
8.3
8.5
8.8
3,831.2
3,857.8
3,928.6
4,010.2
1984:
I
II
Ill
IV
3,049.0 2,182.5
3,139.4 2,235.1
3,207.5 2,282.6
3,253.2 2,323.5
1,793.6
1,837.6
1,877.1
1,910.9
389.0
397.5
405.4
412.6
20^5
22.2
212
22.7
215.3
227.0
236.2
225.1
37.1
35.4
40.1
45.4
305.7
314.8
305.7
312.8
-6.6
-9.8
.3
.2
33.4
47.4
52.2
57.9
278.9
277.2
253.2
254.7
287.9
305.0
321.7
323.8
178.0
178.0
165.7
166.2
3,152.0
3,239.9
3,327.6
3,379.7
370.0
379.6
393.5
405.6
2,782.0
2,860.3
2,934.1
2,974.1
2,506.0
2,563.3
2,601.1
2,654.1
276.0
• 297.0
332.9
320.0
9.9
10.4
11.3
10.8
4,103.0
4,182.4
4,258.8
4,286.1
1985:
I
II
Ill
IV.
3,315.6 2,366.4
3,352.4 2,402.7
3,403.9 2,442.0
3,449.9 2,489.7
1,946.1
1,976.0
2,008.9
2,049.7
420.3
426.7
433.1
440.0
232
21tO>
20,0:
22,0
243.1
243.0
245.4
250.5
41.7
40.3
37.9
36.5
315.3
319.2
335.5
319.8
.6
.3
7.2
-8.0
65.7
68.6
68.5
66.2
249.1
250.3
259.9
261.6
325.7
326.3
323.1
331.5
153.7
156.6
160.4
164.1
3,447.2
3,489.3
3,528.1
3,595.4
442.4
399.0
432.4
440.2
3,004.9
3,090.4
3,095.7
3,155.2
2,721.3
2,772.6
2,842.1
2,879.6
283.6
317.8
253.5
275.6
9.4
10.3
8.2
,8.7
4,287.6
4,368.7
4,346.6
4,388.3
1986:
I
II
Ill
IV.
3,487.7
3,503.5
3,537.6
3,574.5
•2,522.5
=2.545.8
!2,582.9
•2,631.6
2,075.7
2,093.4
2,123.6
2,164.8
446.8
452.3
459.2
466.8
20.0
20.2
25.9
26.0
251.9
255.5
259.4
255.6
36.6
34.8
30.7
26.8
313.5
302.5
293.2
293.7
19.7
13.9
5.4
-10.9
56.8
51.5
47.4
45.3
237.0
237.0
240.4
259.3
343.2
344.7
345.5
340.9
133.2
133.8
136.2
144.4
3,650.9
3,688.2
3,736.0
3,774.7
437.9
441.4
451.7
468.9
3,213.0
3,246.8
3,284.3
3,305.9
2,922.5
2,955.9
3,028.9
3,071.7
290.5
291.0
255.4
234.2
9.0
9.0
7.8
7.1
4,444.5
4,489.3
4,507.9
4,504.5
1987:
I
II
Ill
IV
3,665.3 12,681.8
3,756.0 ;2,725.9
3,849.3 2,773.7
3,943.0 2,841,.O
2,207.1
2,244.2
2,284.8
2,344.8
474.7
481.7
488.9
496.2
27\i
29.1
29.1
30.8
267.8
272.1
278.2
281.3
32.7
30.8
37.8
41.9
309.7
342.5
364.3
, 370.0
-13.9
-19.2
-15.7
-16.2
46.9
48.1
49.7
48.1
276.6
313.5
330.3
338.0
346.2
355.6
366.2
378.1
164.6
187.3
195.6
202.6
3,852.2
3,915.3
3,992.4
4,090.1
463.7
524.8
502.7
520.9
3,388.5
3,390.5
3,489.6
3,569.2
3,111.8
3,182.6
3,247.8
3,284.7
276.8
207.9
241.9
284.5
8.2
6.1
6.9
8.0
4,556.9
4,512.7
4,600.7
4,659.6
See footnotes at the end of the table.
GDP and Other Major NIPA Series
142
August 2002
Table 4. National Income and Disposition of Personal Income—Continued
[Billions of dollars; quarterly estimates are seasonally adjusted at annual rates]
Disposition of personal income
National income
Compensation of employees
Year and
quarter
National
income
Total
Wage
and
salary
accruals
Supplements to
wages
and salaries
Proprietors'
income with IVA
and CCAdj.
Farm
Nonfarm
Rental
income
of
persons
with
CCAdj.
Corporate profits with IVA and
CCAdj.
Total
IVA
CCAdj.
Profits
before
tax
Net
interest
Addendum:
Corporate
profits after
tax
Personal
income
Less:
Personal
tax and
nontax
payments
Equals:
DPI
Less:
Personal
outlays
Equals:
Personal
saving
Saving
as a
percentage of
DPI
Real
DPP
1988:
I
II
Ill
IV.
4,023.3
4,107.3
4,186.9
4,286.8
2,888.4
2,951.8
3,001.3
3,053.7
2,379.6
2,434.7
2,476.4
2,520.1
508.8
517.1
524.9
533.6
32.9
26.8
28.0
16.5
296.6
310.4
318.3
325.6
44.9
41.5
40.0
50.0
381.1
400.4
408.5
430.2
-18.3
-25.5
-26.1
-18.8
47.8
46.4
45.3
41.6
351.6
379.4
389.4
407.4
379.4
376.4
390.8
410.9
225.4
244.1
249.1
260.5
4,156.8
4,227.7
4,308.7
4,395.1
514.5
516.6
519.1
528.5
3,642.3
3,711.1
3,789.7
3,866.6
3,362.2
3,422.5
3,490.3
3,565.3
280.1
288.6
299.3
301.3
7.7
7.8
7.9
7.8
4,724.1
4,758.9
4,801.9
4,851.4
1989:
I
II
Ill
IV.
4,350.2
4,375.0
4,396.4
4,446.7
3,097.0
3,126.6
3,163.6
3,216.9
2,555.8
2,577.3
2,605.5
2,648.6
541.2
549.3
558.1
568.3
35.7
31.5
29.2
32.1
330.8
326.3
326.3
335.0
46.6
44.9
37.4
33.1
406.7
397.4
390.0
388.6
-33.7
-18.9
-.4
-12.3
37.8
36.9
34.1
32.5
402.7
379.3
356.4
368.4
433.3
448.3
449.8
440.9
249.3
235.5
223.4
232.8
4,517.5
4,573.5
4,617.4
4,690.7
565.3
578.9
588.4
601.3
3,952.2
3,994.5
4,029.0
4,089.4
3,623.3
3,689.2
3,746.6
3,798.7
328.9
305.3
282.4
290.7
8.3
7.6
7.0
7.1
4,903.5
4,891.0
4,902.7
4,928.8
1990:
I
II
Ill
IV.
4,552.9
4,645.0
4,675.6
4,695.0
3,284.1
3,343.4
3,383.7
3,393.0
2,701.6
2,750.4
2,781.8
2,784.7
582.6
593.0
601.9
608.3
33.2
31.5
30.9
29.0
343.3
347.2
355.9
353.0
42.1
45.3
53.2
55.8
403.2
427.0
401.9
402.2
-3.6
2.0
-30.2
-19.8
22.3
22.1
19.4
15.9
384.4
402.9
412.7
406.1
447.1
450.5
450.1
462.0
250.7
261.8
264.7
266.5
4,800.8
4,879.3
4,951.4
4,981.4
595.7
607.6
617.3
618.0
4,205.1
4,271.7
4,334.1
4,363.5
3,879.2
3,932.4
4,001.0
4,024.5
325.9
339.4
333.1
339.0
7.8
7.9
7.7
7.8
5,001.6
5,026.6
5,032.7
4,995.8
1991:
I
II
Ill
IV
4,703.5
4,737.1
4,773.0
4,812.6
3,403.5
3,436.2
3,471.0
3,509.0
2,786.7
2,810.7
2,835.7
2,863.7
616.8
625.5
635.3
645.3
26.5
27.7
23.8
27.5
346.7
355.4
361.3
367.9
53.9
56.4
57.6
57.8
432.9
429.0
428.3
434.7
11.4
8.6
1.4
-1.7
10.5
10.2
9.9
10.0
410.9
410.2
417.0
426.4
440.0
432.5
430.9
415.7
281.1
277.9
280.9
290.3
4,999.9
5,064.1
5,110.1
5,167.4
600.7
606.5
611.6
623.2
4,399.1
4,457.5
4,498.5
4,544.2
4,035.9
4,090.5
4,130.2
4,156.0
363.2
367.1
368.3
388.1
8.3
8.2
8.2
8.5
4,999.5
5,033.3
5,045.4
5,053.8
1992:
I
II
Ill
IV.
4,935.1
4,995.5
4,951.9
5,097.2
3,574.8
3,625.4
3,668.0
3,710.9
2,913.3
2,952.4
2,984.0
3,017.4
661.4
673.0
683.9
693.4
31.4
33.6
33.2
32.5
389.2
399.1
403.5
414.9
59.3
63.8
53.2
76.8
469.8
468.6
401.4
472.5
2.2
-10.6
-3.4
.4
9.0
8.1
-6.0
6.1
458.6
471.0
410.7
466.0
410.6
405.0
392.7
389.6
314.2
320.9
281.9
316.8
5,276.8
5,352.2
5,390.7
5,541.8
614.7
627.3
638.0
663.1
4,662.0
4,724.9
4,752.7
4,878.7
4,255.3
4,302.9
4,356.2
4,449.1
406.7
421.9
396.5
429.6
8.7
8.9
8.3
8.8
5,138.8
5,172.5
5,174.2
5,271.5
1993:
I
II
Ill
IV.
5,150.2
5,232.6
5,259.4
5,365.5
3,750.6
3,795.5
3,835.1
3,876.3
3,044.8
3,077.3
3,107.0
3,137.4
705.9
718.2
728.1
738.9
29.5
34.4
22.9
33.7
426.4
430.0
432.5
437.9
84.7
90.3
90.8
97.6
472.4
503.6
508.5
557.6
-6.1
-6.3
.4
-4.1
1.8
3.6
2.3
8.8
476.6
506.3
505.8
552.8
386.6
378.8
369.5
362.4
325.6
340.8
343.5
370.1
5,465.8
5,595.3
5,630.3
5,748.5
644.0
671:0
681.8
701.7
4,821.7
4,924.2
4,948.5
5,046.8
4,481.8
4,550.5
4,617.1
4,688.6
340.0
373.7
331.5
358.2
7.1
7.6
6.7
7.1
5,181.2,
5,258.6
5,266.8!
5,338.5
1994:
I
II
Ill
IV.
5,373.4
5,525.2
5,608.7
5,719.9
3,943.5
3,994.9
4,032.8
4,093.6
3,190.2
3,233.4
3,267.7
3,325.9
753.3
761.5
765.1
767.7
40.6
33.9
27.7
25.5
427.9
445.6
448.1
457.0
98.0
112.0
116.2
115.2
498.8
569.3
598.5
626.2
-8.3
-10.2
-15.7
-15.6
-7.8
16.8
18.8
21.1
514.8
562.7
595.4
620.7
364.6
369.6
385.4
402.5
349.4
379.8
401.0
416.6
5,713.7
5,860.8
5,935.3
6,042.4
695.4
732.2
724.3
738.5
5,018.3
5,128.6
5,211.0
5,303.9
4,744.0
4,809.1
4,886.9
4,959.7
274.3
319.5
324.1
344.2
5.5
6.2
6.2
6.5
5,293.2,
5,381.2!
5,420.9
5,493.4
1995:
I
II
Ill
IV
5,775.0
5,833.7
5,920.0
5,978.1
4,142.7
4,178.8
4,224.3
4,264.1
3,379.6
3,417.2
3,463.6
3,503.8
763.1
761.6
760.7
760.2
21.4
19.6
20.5
27.3
467.2
471.8
479.2
483.9
116.9
115.1
116.6
123.2
630.0
655.5
692.8
696.7
-32.5
-28.2
-9.8
-2.6
19.4
18.4
19.2
17.5
643.2
665.3
683.5
681.8
396.8
392.8
386.7
383.0
440.1
456.6
464.8
468.5
6,109.9
6,163.3
6,225.9
6,304.6
751.8
780.5
781.6
799.5
5,358.1
5,382.8
5,444.4
5,505.1
5,012.1
5,091.3
5,158.4
5,218.8
346.0
291.5
285.9
286.3
6.5
5.4
5.3
5.2
5,515.4
5,509.0
5,546.6
5,585.3
1996:
I
II
Ill
IV.
6,066.6
6,177.5
6,254.5
6,342.9
4,297.4
4,367.8
4,427.8
4,489.4
3,537.4
3,604.6
3,660.9
3,717.6
760.0
763.2
766.8
771.8
31.1
36.3
38.0
31.7
494.8
510.3
515.5
521.4
128.4
129.0
130.1
131.4
736.7
748.6
755.0
775.8
2.1
-1.7
4.7
7.1
21.4
23.9
25.4
27.7
713.2
726.3
724.9
741.0
378.2
385.5
388.1
393.3
493.5
501.0
500.9
515.4
6,405.1
6,509.4
6,597.1
6,677.9
830.7
872.5
877.3
898.1
5,574.4
5,637.0
5,719.8
5,779.7
5,292.2
5,383.9
5,433.7
5,512.6
282.2
253.1
286.1
267.1
5.1
4.5
5.0
4.6
5.622.C
5,649.4
5,709.7
5,729.5
1997:
I
II
Ill
IV.
6,454.8
6,555.8
6,676.4
6,786.7
4,553.7
4,607.8
4,675.8
4,767.9
3,786.5
3,845.0
3,912.7
3,999.7
767.2
762.8
763.0
768.2
30.6
29.6
29.8
28.9
539.4
546.4
556.2
563.8
130.4
128.9
127.4
126.7
798.5
825.6
858.3
852.7
10.4
12.1
5.6
5.7
30.4
32.3
33.6
35.4
757.7
781.2
819.0
811.6
402.2
417.5
429.0
446.8
530.7
549.4
573.8
566.9
6,792.4
6,879.1
6,978.6
7,097.9
935.1
954.9
978.9
1,006.3
5,857.3
5,924.2
5,999.7
6,091.6
5,609.2
5,654.1
5,763.7
5,834.3
248.1
270.1
236.0
257.3
4.2
4.6
3.9
4.2
5,771.1
5,821.5
5,877.;
5,947..'
1998:
I
II
Ill
IV.
6,874.1
6,985.5
7,108.9
7,197.0
4,869.4
4,948.9
5,029.8
5,110.5
4,085.1
4,155.8
4,227.7
4,299.8
784.3
793.1
802.1
810.6
24.1
24.9
25.4
27.9
582.9
592.6
601.6
615.8
127.7
136.1
144.2
146.5
787.4
769.6
781.9
770.8
20.0
10.3
20.2
22.9
35.6
36.6
38.1
41.7
731.7
722.8
723.6
706.3
482.8
513.2
526.0
525.5
491.8
485.0
480.1
472.2
7,254.8
7,382.8
7,490.7
7,575.8
1,034.0
1,055.4
1,083.7
1,108.5
6,220.8
6,327.4
6,407.0
6,467.3
5,912.9
6,018.2
6,095.6
6,189.7
307.9
309.1
311.4
277.6
4.9
4.9
4.9
4.3
6,064.i
6,153.(
6,209.5
6.246.1
1999:
I
II
Ill
IV.
7,343.1
7,405.9
7,475.9
7,650.1
5,216.8
5,260.3
5,329.0
5,429.1
4,395.0
4,432.0
4,492.7
4,582.7
821.9
828.3
836.3
846.4
30.1
29.7
25.7
25.4
629.2
644.5
657.0
672.0
148.9
149.9
145.8
152.0
808.2
802.1
788.0
824.7
16.0
-2.5
-13.8
-16.6
47.8
51.6
48.5
43.7
744.4
752.9
753.4
797.6
509.9
519.4
530.4
546.8
501.3
506.9
507.1
542.0
7,655.9
7,722.2
7,807.7
7,960.2
1,125.5
1,142.0
1,167.2
1,201.8
6,530.3
6,580.2
6,640.5
6,758.4
6,276.4
6,400.3
6,507.2
6,629.4
253.9
179.9
133.3
129.0
3.9
2.7
2,0
1.9
6,288.'
6,301.1
6,325.1
6,399.:
2000: I
II
Ill
IV.
7,860.2
7,954.5
8,048.3
8,074.8
5,627.3
5,670.5
5,773.1
5,822.7
4,757.4
4,790.8
4,879.3
4,917.8
869.9
879.6
893.8
904.9
22.3
25.0
21.7
21.2
680.2
693.8
696.9
698.1
151.4
146.7
144.9
143.5
807.6
807.3
787.7
749.7
-22.6
-16.4
-8.3
-12.5
33.4
23.1
15.4
11.1
796.9
800.5
780.6
751.1
571.3
611.1
624.0
639.6
526.1
533.3
523.2
509.2
8,211.6
8,350.2
8,487.8
8,576.6
1,256.3
1,273.0
1,299.6
1,316.7
6,955.3
7,077.2
7,188.2
7,259.8
6,775.9
6,869.8
6,976.7
7,052,1
179.4
207.5
211.5
207.7
2.6
2.9
2.9
2.9
6,530,
6,607.1
6.676J
6,706.
2001:
8,092.1
8,110.1
8,089.1
8,196.8
5,878.9
5,879.3
5,880.4
5,860.9
4,960.4
4,956.9
4,953.7
4,931.4
918.5
922.4
926.7
929.4
19.3
18.4
19.3
19.2
701.9
708.2
713.1
712.1
137.0
134.3
140.8
139.3
706.5
721.4
687.2
811.4
-10.1
-6.2
8.9
27.2
9.6
7.3
23.9
185.1
707.0
720.2
654.3
599.1
648.5
648.6
648.3
653.9
489.7
507.1
458.1
428.5
8,658.1
8,676.2
8,706.2
8,700.9
1,340.6
1,336.1
1,181.9
1,309.7
7,317.5
7,340.0
7,524.2
7,391.2
7,143.9
7,198.5
7,222.0
7,329.6
173.7
141.6
302.2
61.5
2.4
1.9
4.0
.8
6,704.
6,694.
6.864.
6,729.
8,276.5
5,916.4
4,965.2
951.2
21.7
726.7
141.3
797.6
1.9
156.3
639.4
672.8
437.0
8,810.4
1,142.1
7,668.3
7,396.3
272.0
3.5
6,962.
I
II
Ill
IV.
2002: I
1. Real DPI in chained (1996) dollars. Derived by deflation using the implicit price deflator for personal consumption expenditures.
CCAdj. Capital consumption adjustment.
DPI Disposable personal income.
IVA Inventory valuation adjustment.
August 2002
143
A Preview of the 1997 Benchmark Input-Output Accounts
New Detailed and Summary Industries
In December 2002, BEA will release the 1997 benchmark
input-output (I-O) accounts of the United States, the
ninth in a series of benchmark accounts. The last benchmark accounts were for the year 1992 and were released
in November 1997.
The list of industries provided with this note represents the level of detail that will be used in the presentation of the 1997 benchmark I-O accounts. As reported in
a note in the December 2001 SURVEY OF CURRENT BUSINESS,
the 1997 benchmark accounts will present industries on
the basis of the 1997 North American Industry Classification System (NAICS), which has replaced the 1987 Standard Industrial Classification (SIC) system for the
collection and presentation of industry data.1 The
NAICS-based I-O industry classification system differs in
structure and format from that used for the 1992 and earlier benchmark accounts.2
The 1997 benchmark I-O accounts on the NAICS
basis and the 1992 benchmark I-O accounts on the SIC
basis cover about the same number of detailed industries,
but they differ in their coverage of goods-producing
industries and services-providing industries (see the
accompanying table).3 The larger number of services
industries in the 1997 benchmark accounts reflects both
the increased information that is now available about
these industries and the reclassification of some industries from goods-producing sectors to services-providing
sectors by NAICS.
Aggregation level
Total detailed industries
Goods producing
Services providing
Total summary industries
Goods producing
Services providing
1997
1992
benchmark benchmark
I-O
I-O
490
493
389
407
101
86
130
93
69
62
61
31
Table A, which follows, provides a list of the I-O
industries and their NAICS codes. The summary industries are shown in bold print, and the detailed industries
are shown in regular print.
The NAICS-based I-O accounts described here and
the SIC-based I-O accounts that are being superseded are
sometimes called alternative I-O accounts.4 For 1997, as
in the past, BEA will also produce a second set of I-O
accounts that are sometimes called traditional I-O
accounts. In the 1997 traditional I-O accounts, further
changes to the NAICS industries that have differing and
distinctive production processes will be made. For example, in the traditional accounts, lodging services and food
and beverage services that are provided by hotels and that
are presented together in the alternative I-O accounts will
be separated, and food and beverage services will be presented with the food and beverage industry. Thus, even
though NAICS is a production-based classification system, further isolation of industries with distinguishable
production processes is necessary to facilitate Leontieftype analysis, such as the calculation of total input
requirements (direct and indirect) for each industry from
changes in final demand.
1. For BEA's schedule of conversion, see John R. Kort, "The North American Industry Classification System in BEA's Economic Accounts," SURVEY 81
(May 2001): 12. For details about the differences between the 1987 Standard Industrial Classification system and the 1997 NAICS, see the Census
Bureau's Web site at <www.census.gov>.
2. Karen J. Horowitz and Stephanie H. McCulla, "Upcoming Changes in
the NAICS-Based 1997 Benchmark Input-Output Accounts," SURVEY 81
(December 2001): 71-73.
3. Goods-producing sectors consist of agriculture, forestry, fishing and
hunting; mining; construction; and manufacturing. Services-providing sectors consist of utilities; wholesale trade; retail trade; transportation and
warehousing; information; finance and insurance; real estate and rental and
leasing; professional, and technical services; management of companies and
enterprises; administrative and waste services; educational services; health
care and social assistance; arts, entertainment, and recreation; accommodation and food services; other services, except public administration; and
government industries. Some industries that were classified as goods producing in the SIC system are now classified as services providing in NAICS.
4. For a description of the traditional and alternative tables provided for
For example, printing and publishing was classified as a goods-producing
the 1992 benchmark I-O accounts, see Benchmark Input-Output Accounts of
manufacturing industry in the SIC system, but is now classified as a services-providing information industry. For more information on the NAICS the United States, 1992 (September 1998): M-6, or go to <www.bea.gov>
and the changes in industry classification, see Executive Office of the Presi- and click on "Industry: Articles."
dent, Office of Management and Budget, North American Industry Classification System, United States, 1997 (Lanham, MD: Bernan Press).
Ann M. Lawson and Karen J. Horowitz prepared the note.
144
1997 Benchmark Input-Output Accounts
August 2002
Table A. Industries in the 1997 Benchmark Input-Output Accounts
The titles in boldface represent the industries used for the summary version of the 1997 tables. An asterisk following a
North American Industry Classification System (NAICS) code indicates that the NAICS industry is included in more than
one 1-0 industry.
Related 1997
NAICS codes
1-0 industry number and title
1110
1120
1130
1140
1150
2110
2121
2122
AGRICULTURE, FORESTRY, FISHING AND HUNTING
Crop production
1111AO Oilseed farming
1111B0 Grain farming
111200
1113A0
Vegetable and melon farming
Fruit farming
111335
111400
111910
111920
1119A0
1119B0
Tree nut farming
Greenhouse and nursery production
Tobacco farming
Cotton farming
Sugarcane and sugar beet farming
All other crop farming
3110
11111,11112
11113,11114,11115,
11116,11119
1112
11131,11132,111331-4,
111336,111339
111335
1114
11191
11192
11193,111991
11194,111992,111998
Animal production
112100 Cattle ranching and farming
112300 Poultry and egg production
112A00 Animal production, except cattle and poultry and eggs
1121
1123
1122,1124,1125,1129
Forestry and logging
113A00 Forest nurseries, forest products, and timber tracts
113300 Logging
1131,1132
1133
Fishing, hunting and trapping
114100 Fishing
114200 Hunting and trapping
1141
1142
Agriculture and forestry support activities
115000 Agriculture and forestry support activities
115
MINING
Oil and gas extraction
211000 Oil and gas extraction
211
Coal mining
212100 Coalmining
2121
Metal ores mining
212210 Iron ore mining
212230 Copper, nickel, lead, and zinc mining
2122A0 Gold, silver, and other metal ore mining
21221
21223
21222,21229
3121
2123
2130
Nonmetallic mineral mining and quarrying
212310 Stone mining and quarrying
212320 Sand, gravel, clay, and refractory mining
212390 Other nonmetallic mineral mining
21231
21232
21239
Support activities for mining
213111 Drilling oil and gas wells
213112 Support activities for oil and gas operations
21311A Support activities for other mining
213111
213112
213113-5
3122
3130
UTILITIES
Power generation and supply
221100 Power generation and supply
2211
2212
Natural gas distribution
221200 Natural gas distribution
2212
2213
Water, sewage and other systems
221300 Water, sewage and other systems
2213
2211
2301
2302
2303
CONSTRUCTION
New residential construction
230110 New residential 1-unit structures, nonfarm
230120 New multifamily housing structures, nonfarm
230130 New residential additions and alterations, nonfarm
230140 New farm housing units and additions and alterations
New nonresidential construction
230210 Manufacturing and industrial buildings
230220 Commercial and institutional buildings
230230 Highway, street, bridge, and tunnel construction
230240 Water, sewer, and pipeline construction
230250 Other new construction
Maintenance and repair construction
230310 Maintenance and repair of farm and nonfarm residential
structures
230320 Maintenance and repair of nonresidential buildings
230330 Maintenance and repair of highways, streets, bridges, and
tunnels
230340 Other maintenance and repair construction
Related 1997
NAICS codes
I-O industry number and title
3140
3150
3160
3210
MANUFACTURING
Food manufacturing
311111 Dog and cat food manufacturing
311119 Other animal food manufacturing
311211 Flour milling
311212 Rice milling
311213 Malt manufacturing
311221 Wet corn milling
311222 Soybean processing
311223 Other oilseed processing
311225 Fats and oils refining and blending
311230 Breakfast cereal manufacturing
311310 Sugar manufacturing
311320 Confectionery manufacturing from cacao beans
311330 Confectionery manufacturing from purchased chocolate
311340 Nonchocolate confectionery manufacturing
311410 Frozen food manufacturing
311420 Fruit and vegetable canning and drying
311511 Fluid milk manufacturing
311512 Creamery butter manufacturing
311513 Cheese manufacturing
311514 Dry, condensed, and evaporated dairy products
311520 Ice cream and frozen dessert manufacturing
311611 Animal, except poultry, slaughtering
311612 Meat processed from carcasses
311613 Rendering and meat byproduct processing
311615 Poultry processing
311700 Seafood product preparation and packaging
31181A Bread and bakery product, except frozen, manufacturing
311813 Frozen cakes and other pastries manufacturing
311821 Cookie and cracker manufacturing
311822 Mixes and dough made from purchased flour
311823 Dry pasta manufacturing
311830 Tortilla manufacturing
311911 Roasted nuts and peanut butter manufacturing
311919 Other snack food manufacturing
311920 Coffee and tea manufacturing
311930 Flavoring syrup and concentrate manufacturing
311941 Mayonnaise, dressing, and sauce manufacturing
311942 Spice and extract manufacturing
311990 All other food manufacturing
...
311111
311119
311211
311212
311213
311221
311222
311223
311225
31123
31131
31132
31133
31134
31141
31142
311511
311512
311513
311514
31152
311611
311612
311613
311615
3117
311811-2
311813
311821
311822
311823
31183
311911
311919
31192
31193
311941
311942
31199
Beverage manufacturing
312110 Soft drink and ice manufacturing
312120 Breweries
312130 Wineries
312140 Distilleries
31211
31212
31213
31214
Tobacco
312210
312221
312229
31221
312221
312229
manufacturing
Tobacco stemming and redrying
Cigarette manufacturing
Other tobacco product manufacturing
Textile mills
313100 Fiber, yarn, and thread mills
313210 Broadwoven fabric mills
313220 Narrow fabric mills and schiffli embroidery
313230 Nonwoven fabric mills
313240 Knit fabric mills
313310 Textile and fabric finishing mills
313320 Fabric coating mills
3131
31321
31322
31323
31324
31331
31332
Textile product mills
314110 Carpet and rug mills
314120 Curtain and linen mills
314910 Textile bag and canvas mills
314992 Tire cord and tire fabric mills
31499A Other miscellaneous textile product mills
31411
31412
31491
314992
314991,314999
Apparel manufacturing
315111 Sheer hosiery mills
315119 Other hosiery and sock mills
315190 Other apparel knitting mills.....
315200 Cut and sew apparel manufacturing
315900 Accessories and other apparel manufacturing
Leather and allied product manufacturing
316100 Leather and hide tanning and finishing
316200 Footwear manufacturing
316900 Other leather product manufacturing
Wood product manufacturing
321113 Sawmills
321114 Wood preservation
32121A Veneer and plywood manufacturing
315111
315119
31519
3152
3159
3161
3162
3169
321113
321114
321211-2
August 2002
145
SURVEY OF CURRENT BUSINESS
Table A. Industries in the 1997 Benchmark Input-Output Accounts—-Continued
Related 1997
NAICS codes
I-O industry number and title
32121B
321219
321911
321912
321918
321920
321991
321992
321999
3221
3222
3230
3240
3251
3252
3253
3254
3255
3256
3259
3260
321213-4
321219
321911
321912
Engineered wood member and truss manufacturing
Reconstituted wood product manufacturing
Wood windows and door manufacturing
Cut stock, resawing lumber, and planing
Other millwork, including flooring
Wood container and pallet manufacturing
Manufactured home, mobile home, manufacturing
Prefabricated wood building manufacturing
Miscellaneous wood product manufacturing
321991
321999
32221
322221-2
322223-4
322225
322226
322231
322232
322233
322291
322299
Printing
32311A
323116
323117
323118
323121
323122
323110-5,323119
323116
323117
323118
323121
323122
and related support activities
Commercial printing
Manifold business forms printing
Books printing
Blankbook and looseleaf binder manufacturing
Tradebinding and related work
Prepress services
Petroleum and coal products manufacturing
324110 Petroleum refineries
324121 Asphalt paving mixture and block manufacturing
324122 Asphalt shingle and coating materials manufacturing
324191 Petroleum lubricating oil and grease manufacturing
324199 All other petroleum and coal products manufacturing
32411
324121
324122
324191
324199
Basic chemical manufacturing
325110 Petrochemical manufacturing
325120 Industrial gas manufacturing
325130 Synthetic dye and pigment manufacturing
325180 Other basic inorganic chemical manufacturing
325190 Other basic organic chemical manufacturing
32511
32512
32513
32518
32519
Resin, rubber, and artificial fibers manufacturing
325211 Plastics material and resin manufacturing
325212 Synthetic rubber manufacturing
325221 Cellulosic organic fiber manufacturing
325222 Noncellulosic organic fiber manufacturing
325211
325212
325221
325222
Agricultural chemical manufacturing
325311 Nitrogenous fertilizer manufacturing
325312 Phosphatic fertilizer manufacturing
325314 Fertilizer, mixing only, manufacturing
325320 Pesticide and other agricultural chemical manufacturing
325311
325312
325314
32532
Pharmaceutical and medicine manufacturing
325400 Pharmaceutical and medicine manufacturing
3254
Paint, coating, and adhesive manufacturing
325510 Paint and coating manufacturing
325520 Adhesive manufacturing
32551
32552
Soap, cleaning compound, and toiletry manufacturing
325611 Soap and other detergent manufacturing
325612 Polish and other sanitation good manufacturing
325613 Surface active agent manufacturing
325620 Toilet preparation manufacturing
325611
325612
325613
32562
3270
321992
Converted paper product manufacturing
322210 Paperboard container manufacturing
32222A Coated and laminated paper and packaging materials
32222B Coated and uncoated paper bag manufacturing
322225 Flexible packaging foil manufacturing
322226 Surface-coated paperboard manufacturing
322231 Die-cut paper office supplies manufacturing
322232 Envelope manufacturing
322233 Stationery and related product manufacturing
322291 Sanitary paper product manufacturing
322299 All other converted paper product manufacturing
and rubber products manufacturing
Plastics packaging materials, film and sheet
Plastics pipe, fittings, and profile shapes
Laminated plastics plate, sheet, and shapes
Foam product manufacturing
Plastics bottle manufacturing
Resilient floor covering manufacturing
Plastics plumbing fixtures and all other plastics products
Tire manufacturing
Rubber and plastics hose and belting manufacturing
Other rubber product manufacturing
Related 1997
NAICS codes
326192
326191,326199
32621
32622
32629
32192
32211
32212,32213
Plastics
326110
326120
326130
3261A0
326160
326192
32619A
326210
326220
326290
321918
Pulp, paper, and paperboard mills
322110 Pulp mills
3221AO Paper and paperboard mills
Other chemical product and preparation manufacturing
325910 Printing ink manufacturing
325920 Explosives manufacturing
325991 Custom compounding of purchased resins
325992 Photographic film and chemical manufacturing
325998 Other miscellaneous chemical product manufacturing
I-O industry number and title
331A
331B
3315
3321
3322
'
32591
32592
325991
325992
325998
32611
32612
32613
32614,32615
32616
3323
3324
332A
Nonmetailic mineral product manufacturing
327111 Vitreous china plumbing fixture manufacturing
327112 Vitreous china and earthenware articles manufacturing....
327113 Porcelain electrical supply manufacturing
327121 Brick and structural clay tile manufacturing
327122 Ceramic wall and floor tile manufacturing
32712A Clay refractory and other structural clay products
327125 Nonclay refractory manufacturing
327213 Glass container manufacturing
32721A Glass and glass products, except glass containers
327310 Cement manufacturing
327320 Ready-mix concrete manufacturing
327331 Concrete block and brick manufacturing
327332 Concrete pipe manufacturing
327390 Other concrete product manufacturing
327410 Lime manufacturing
327420 Gypsum product manufacturing
327910 Abrasive product manufacturing
327991 Cut stone and stone product manufacturing
327992 Ground or treated minerals and earths manufacturing
327993 Mineral wool manufacturing
327999 Miscellaneous nonmetailic mineral products
327111
327112
327113
327121
327122
327123-4
327125
327213
327211-2,327215
32731
32732
327331
327332
32739
32741
32742
32791
327991
327992
327993
327999
Iron and
331111
331112
331210
331221
331222
331111
331112
33121
331221
331222
steel mills and manufacturing from purchased steel
Iron and steel mills
Ferroalloy and related product manufacturing
Iron, steel pipe and tube from purchased steel
Rolled steel shape manufacturing
Steel wire drawing
Nonferrous metal production and processing
331311 Alumina refining
331312 Primary aluminum production
331314 Secondary smelting and alloying of aluminum
331315 Aluminum sheet, plate, and foil manufacturing
331316 Aluminum extruded product manufacturing
331319 Other aluminum rolling and drawing
331411 Primary smelting and refining of copper
331419 Primary nonferrous metal, except copper and aluminum..
331421 Copper rolling, drawing, and extruding
331422 Copper wire, except mechanical, drawing
331423 Secondary processing of copper
331491 Nonferrous metal, except copper and aluminum, shaping.
331492 Secondary processing of other nonferrous
Foundries
331510 Ferrous metal foundries
33152A Aluminum foundries
33152B Nonferrous foundries, except aluminum
331311
331312
331314
331315
331316
331319
331411
331419
331421
331422
331423
331491
331492
33151
331521,331524
331522,331525,
331528
Forging and stamping
332111 Iron and steel forging
332112 Nonferrous forging
332114 Custom roll forming
33211A All other forging and stamping
332111
332112
332114
332115-7
Cutlery and handtool manufacturing
332211 Cutlery and flatware, except precious, manufacturing
332212 Hand and edge tool manufacturing
332213 Saw blade and handsaw manufacturing
332214 Kitchen utensil, pot, and pan manufacturing
332211
332212
332213
332214
Architectural and structural metals manufacturing
332311 Prefabricated metal buildings and components
332312 Fabricated structural metal manufacturing
332313 Plate work manufacturing
332321 Metal window and door manufacturing
332322 Sheet metal work manufacturing
332323 Ornamental and architectural metal work manufacturing...
332311
332312
332313
332321
332322
332323
Boiler, tank, and shipping container manufacturing
332410 Power boiler and heat exchanger manufacturing
332420 Metal tank, heavy gauge, manufacturing
332430 Metal can, box, and other container manufacturing
33241
33242
33243
Ordnance and accessories manufacturing
33299A Ammunition manufacturing
332994 Small arms manufacturing
332995 Other ordnance and accessories manufacturing
332992-3
332994
332995
146
1997 Benchmark Input-Output Accounts
August 2002
Table A. Industries in the 1997 Benchmark Input-Output Accounts—Continued
1-0 industry number and title
332B
3331
3332
3333
3334
3335
3336
3339
3341
Other fabricated metal product manufacturing
332500 Hardware manufacturing
332600 Spring and wire product manufacturing
332710 Machine shops
332720 Turned product and screw, nut, and bolt manufacturing
332811 Metal heat treating
332812 Metal coating and nonprecious engraving
332813 Electroplating, anodizing, and coloring metal
332910 Metal valve manufacturing
332991 Ball and roller bearing manufacturing
332996 Fabricated pipe and pipe fitting manufacturing
332997 Industrial pattern manufacturing
332998 Enameled iron and metal sanitary ware manufacturing
332999 Miscellaneous fabricated metal product manufacturing
Agriculture, construction, and mining machinery
333111 Farm machinery and equipment manufacturing
333112 Lawn and garden equipment manufacturing
333120 Construction machinery manufacturing
333131 Mining machinery and equipment manufacturing
333132 Oil and gas field machinery and equipment
Industrial machinery manufacturing
333210 Sawmill and woodworking machinery
333220 Plastics and rubber industry machinery
333291 Paper industry machinery manufacturing
333292 Textile machinery manufacturing
333293 Printing machinery and equipment manufacturing
333294 Food product machinery manufacturing
333295 Semiconductor machinery manufacturing
333298 All other industrial machinery manufacturing
Related 1997
NAICS codes
3344
3325
3326
33271
33272
332811
332812
33291
332991
332996
332997
332998
332999
333112
333131
333132
3351
33321
33322
333291
333292
3352
333293
333294
333295
333298
333311-2
333313
333314
333315
333319
HVAC and commercial refrigeration equipment
333411 Air purification equipment manufacturing
333412 Industrial and commercial fan and blower manufacturing
333414 Heating equipment, except warm air furnaces
333415 AC, refrigeration, and forced air heating
333411
333412
333414
333415
Metalworking machinery manufacturing
333511 Industrial mold manufacturing
333512 Metal cutting machine tool manufacturing
333513 Metal forming machine tool manufacturing
333514 Special tool, die, jig, and fixture manufacturing
333515 Cutting tool and machine tool accessory manufacturing
33351A Rolling mill and other metalworking machinery
333511
333512
333513
333514
333515
333516,333518
Turbine and power transmission equipment manufacturing
333611 Turbine and turbine generator set units manufacturing
33361A Speed changers and mechanical power transmission equipment
333618 Other engine equipment manufacturing
333611
333612-3
333618
Other general purpose machinery manufacturing
333911 Pump and pumping equipment manufacturing
333912 Air and gas compressor manufacturing
333913 Measuring and dispensing pump manufacturing
333921 Elevator and moving stairway manufacturing
333922 Conveyor and conveying equipment manufacturing
333923 Overhead cranes, hoists, and monorail systems
333924 Industrial truck, trailer, and stacker manufacturing
333991 Power-driven handtool manufacturing
333992 Welding and soldering equipment manufacturing
333993 Packaging machinery manufacturing
333994 Industrial process furnace and oven manufacturing
333995 Fluid power cylinder and actuator manufacturing
333996 Fluid power pump and motor manufacturing
33399A Scales, balances, and miscellaneous general purpose machinery....
333911
333912
333913
333921
333922
333923
333924
333991
333992
333993
333994
333995
333996
333997, 333999
Computer and peripheral equipment manufacturing
334111 Electronic computer manufacturing
334112 Computer storage device manufacturing
334113 Computer terminal manufacturing
334119 Other computer peripheral equipment manufacturing
334111
334112
334113
334119
3346
33312
Commercial and service industry machinery
33331A Automatic vending, commercial laundry and drycleaning machinery
333313 Office machinery manufacturing
333314 Optical instrument and lens manufacturing
333315 Photographic and photocopying equipment manufacturing
333319 Other commercial and service machinery manufacturing
334A Audio, video, and communications equipment manufacturing
334210 Telephone apparatus manufacturing
334220 Broadcast and wireless communications equipment
334290 Other communications equipment manufacturing
334300 Audio and video equipment manufacturing
3345
332813
333111
3353
3359
3361
336A
33421
33422
33429
3343
Related 1997
NAICS codes
I-O industry number and title
3364
336B
3370
Semiconductor and electronic component manufacturing
334411 Electron tube manufacturing
334413 Semiconductors and related device manufacturing
33441A All other electronic component manufacturing
Electronic instrument manufacturing
334510 Electromedical apparatus manufacturing
334511 Search, detection, and navigation instruments
334512 Automatic environmental control manufacturing
334513 Industrial process variable instruments
334514 Totalizing fluid meters and counting devices
334515 Electricity and signal testing instruments
334516 Analytical laboratory instrument manufacturing
334517 Irradiation apparatus manufacturing
33451A Watch, clock, and other measuring and controlling device
manufacturing
334411
334413
334412,334414-9
334510
334511
334512
334513
334514
334515
334516
334517
:....
334518-9
Magnetic media manufacturing and reproducing
334611 Software reproducing
334612 Audio and video media reproduction
334613 Magnetic and optical recording media manufacturing
334611
334612
334613
Electric lighting equipment manufacturing
335110 Electric lamp bulb and part manufacturing
335120 Lighting fixture manufacturing
33511
33512
Household appliance manufacturing
335211 Electric housewares and household fan manufacturing
335212 Household vacuum cleaner manufacturing
335221 Household cooking appliance manufacturing
335222 Household refrigerator and home freezer manufacturing
335224 Household laundry equipment manufacturing
335228 Other major household appliance manufacturing
335211
335212
335221
335222
335224
335228
Electrical equipment manufacturing
335311 Electric power and specialty transformer manufacturing
335312 Motor and generator manufacturing
335313 Switchgear and switchboard apparatus manufacturing
335314 Relay and industrial control manufacturing
335311
335312
335313
335314
Other electrical equipment and component manufacturing
335911 Storage battery manufacturing
335912 Primary battery manufacturing
335921 Fiber optic cable manufacturing
335929 Other communication and energy wire manufacturing
335930 Wiring device manufacturing
335991 Carbon and graphite product manufacturing
335999 Miscellaneous electrical equipment manufacturing
335911
335912
335921
335929
33593
335991
335999
Motor vehicle manufacturing
336110 Automobile and light truck manufacturing
336120 Heavy duty truck manufacturing
33611
33612
Motor vehicle body, trailer, and parts manufacturing
336211 Motor vehicle body manufacturing
336212 Truck trailer manufacturing
336213 Motor home manufacturing
336214 Travel trailer and camper manufacturing
336300 Motor vehicle parts manufacturing
336211
336212
336213
336214
3363
Aerospace product and parts manufacturing
336411 Aircraft manufacturing
336412 Aircraft engine and engine parts manufacturing
336413 Other aircraft parts and equipment
336414 Guided missile and space vehicle manufacturing
33641A Propulsion units and parts for space vehicles and guided missiles.
336411
336412
336413
336414
336415,336419
Other transportation equipment manufacturing
336500 Railroad rolling stock manufacturing
336611 Ship building and repairing
336612 Boatbuilding
336991 Motorcycle, bicycle, and parts manufacturing
336992 Military armored vehicles and tank parts manufacturing
336999 All other transportation equipment manufacturing
3365
336611
336612
336991
336992
336999
Furniture and related product manufacturing
337110 Wood kitchen cabinet and countertop manufacturing
337121 Upholstered household furniture manufacturing
337122 Nonupholstered wood household furniture manufacturing
337124 Metal household furniture manufacturing
337127 Institutional furniture manufacturing
33712A Other household and institutional furniture
337211 Wood office furniture manufacturing
337212 Custom architectural woodwork and millwork
337214 Office furniture, except wood, manufacturing
33711
337121
337122
337124
337127
337125,337129
337211
337212
337214
August 2002
147
SURVEY OF CURRENT BUSINESS
Table A. Industries in the 1997 Benchmark Input-Output Accounts—Continued
Related 1997
NAICS codes
I-O industry number and title
337215
337910
337920
3391
3399
Medical
339111
339112
339113
339114
339115
339116
Showcases, partitions, shelving, and lockers
Mattress manufacturing
Blind and shade manufacturing
equipment and supplies manufacturing
Laboratory apparatus and furniture manufacturing
Surgical and medical instrument manufacturing
Surgical appliance and supplies manufacturing
Dental equipment and supplies manufacturing
Ophthalmic goods manufacturing
Dental laboratories
Other miscellaneous manufacturing
339910 Jewelry and silverware manufacturing
339920 Sporting and athletic goods manufacturing
339930 Doll, toy, and game manufacturing
339940 Office supplies, except paper, manufacturing
339950 Sign manufacturing
339991 Gasket, packing, and sealing device manufacturing
339992 Musical instrument manufacturing
339994 Broom, brush, and mop manufacturing
339995 Burial casket manufacturing
33999A Buttons, pins, and all other miscellaneous manufacturing
337215
33791
33792
339111
339112
339113
339114
339115
339116
5131
Radio and television broadcasting
513100 Radio and television broadcasting
5131
5132
Cable networks and program distribution
513200 Cable networks and program distribution
5132
5133
Telecommunications
513300 Telecommunications
5133
Information services
514100 Information services
5141
Data processing services
514200 Data processing services
5142
FINANCE AND INSURANCE
Monetary authorities, credit intermediation and related activities
52A000 Monetary authorities and depository credit intermediation
522A00 Nondepository credit intermediation and related activities
521,5221
5222, 5223
Securities, commodity contracts, investments
523000 Securities, commodity contracts, investments
523
Insurance carriers and related activities
524100 Insurance carriers
524200 Insurance agencies, brokerages, and related
5241
5242
Funds, trusts, and other financial vehicles
525000 Funds, trusts, and other financial vehicles
525
REAL ESTATE AND RENTAL AND LEASING
Real estate
531000 Real estate
531
5141
5142
33991
33992
33993
33994
33995
339991
339992
339994
339995
339993,339999
52A0
5230
5240
WHOLESALE TRADE
4200
Wholesale trade
420000 Wholesale trade
Related 1997
NAICS codes
I-O industry number and title
42
5250
RETAIL TRADE
4A00
4810
4820
4830
4840
4850
Retail trade
4A0000 Retail trade
44,45
TRANSPORTATION AND WAREHOUSING,
EXCLUDING POSTAL SERVICE
Air transportation
481000 Air transportation
481
Rail transportation
482000 Rail transportation
482
Water transportation
483000 Water transportation
483
Truck transportation
484000 Truck transportation
484
Transit and ground passenger transportation
485000 Transit and ground passenger transportation
485
4860
Pipeline transportation
486000 Pipeline transportation
486
48A0
Scenic and sightseeing transportation and support activities for
transportation
48A000 Scenic and sightseeing transportation and support activities for
transportation
5310
S008
Owner-occupied dwellings
S00800 Owner-occupied dwellings
5321
Automotive equipment rental and leasing
532100 Automotive equipment rental and leasing
532A
Consumer goods and general rental centers
4920
4930
Couriers and messengers
492000 Couriers and messengers
Warehousing and storage
493000 Warehousing and storage
492
493
5112
5120
INFORMATION
Newspaper, book, and directory publishers
511110 Newspaper publishers
511120 Periodical publishers
511130 Book publishers
5111A0 Database, directory, and other publishers
51111
51112
51113
51114,51119
Software publishers
511200 Software publishers
5112
Motion picture and sound recording industries
512100 Motion picture and video industries
512200 Sound recording industries
5121
5122
532A00
General and consumer goods rental except video tapes and discs....
532230
Video tape and disc rental
53221,53222,53229,
5323
53223
Machinery and equipment rental and leasing
532400 Machinery and equipment rental and leasing
5330
Lessors of nonfinancial intangible assets
533000 Lessors of nonfinancial intangible assets
533
PROFESSIONAL AND TECHNICAL SERVICES
Legal services
541100 Legal services
5411
5412
Accounting and bookkeeping services
541200 Accounting and bookkeeping services
5412
5413
Architectural and engineering services
541300 Architectural and engineering services
5413
5414
Specialized design services
541400. Specialized design services
5415
5111
5321
5324
5411
487,488
;
5416
5417
5418
,
5324
5414
Computer systems design and related services
541511 Custom computer programming services...,
541512 Computer systems design services
54151A Other computer related services, including facilities management....
541511
541512
541513,541519
Management and technical consulting services
541610 Management consulting services
5416A0 Environmental and other technical consulting services
54161
54162,54169
Scientific research and development services
541700 Scientific research and development services.
5417
Advertising and related services
541800 Advertising and related services
5418
1997 Benchmark Input-Output Accounts
148
August 2 0 0 2
Table A. Industries in the 1997 Benchmark Input-Output Accounts—Continued
Related 1997
NAICS codes
I-O industry number and title
5419
5500
Other professional and technical services
541920 Photographic services
541940 Veterinary services
5419A0 All other miscellaneous professional and technical services
MANAGEMENT OF COMPANIES AND ENTERPRISES
Management of companies and enterprises
550000 Management of companies and enterprises
54192
54194
54191,54193,54199
7130
55
7210
5613
5615
ADMINISTRATIVE AND WASTE SERVICES
Employment services
561300 Employment services
Travel arrangement and reservation services
561500 Travel arrangement and reservation services
561A All other administrative and support services
561100 Office administrative services
561200 Facilities support services
561400 Business support services
561600 Investigation and security services
561700 Services to buildings and dwellings
561900 Other support services
5620
Waste management and remediation services
562000 Waste management and remediation services
5613
7220
5611
5612
5614
5616
5617
5619
8111
6210
6220
6230
6240
HEALTH CARE AND SOCIAL ASSISTANCE
Ambulatory health care services
621A00 Offices of physicians, dentists, and other health practitioners
621600 Home health care services
621B00 Other ambulatory health care services
71394
71395
7131,7132,71391,
71392,71393,71399
ACCOMMODATION AND FOOD SERVICES
Accommodation
7211A0 Hotels and motels, including casino hotels
721A00 Other accommodations
72111,72112
72119,7212,7213
Food services and drinking places
722000 Food services and drinking places
722
6112,6113
6114,6115,6116,6117
6211,6212,6213
6216
OTHER SERVICES, EXCEPT PUBLIC ADMINISTRATION
Automotive repair and maintenance
8111AO Automotive repair and maintenance, except car washes
Electronic, commercial, and household goods repair
811200 Electronic equipment repair and maintenance
811300 Commercial machinery repair and maintenance
811400 Household goods repair and maintenance
8112
8113
8114
Personal and laundry services
812100 Personal care services
812200 Death care services
812300 Drycleaning and laundry services
812900 Other personal services
8121
8122
8123
8129
Religious, grantmaking and giving, and social advocacy organizations
813100 Religious organizations
813A00 Grantmaking and giving and social advocacy organizations....
8131
8132,8133
813B
Civic, social, professional and similar organizations
813B00 Civic, social, professional and similar organizations
8134,8139
8140
Private households
814000 Private households
814
GOVERNMENT INDUSTRIES
Federal Government enterprises
491000 Postal service
500101 Federal electric utilities
500102 Other Federal Government enterprises '.
491
811A
6111
813A
6214,6215,6219
622
Nursing and residential care facilities
623000 Nursing and residential care facilities
623
Social assistance
624400 Child day care services
624A00 Social assistance, except child day care services
6244
6241,6242,6243
Amusements, gambling, and recreation
713940 Fitness and recreational sports centers
713950 Bowling centers
713A00 Other amusement, gambling, and recreation industries
81111,81112,811191,
811198
811192
562
Hospitals
622000 Hospitals
ARTS, ENTERTAINMENT, AND RECREATION
71A0 Performing arts, spectator sports, museums, zoos, and parks
711100 Performing arts companies
711200 Spectator sports
711A00 Promoters of performing arts and sports and agents for public
figures
7115
712
811192 Car washes
8120
Educational services
611100 Elementary and secondary schools
611A00 Colleges, universities, and junior colleges
611B00 Other educational services
711500 Independent artists, writers, and performers
712000 Museums, historical sites, zoos, and parks
5615
EDUCATIONAL SERVICES
6100
Related 1997
NAICS codes
I-O industry number and title
S001
7111
7112
7113,7114
12 State and local government enterprises
500201 State and local government passenger transit
500202 State and local government electric utilities
500203 Other State and local government enterprises
S005
General government industry
S00500 General government industry
August 2002
149
U.S. Affiliates of Foreign Companies
Operations in 2000
By William J. Zeile
ACCORDING to preliminary results from BEA's lat±\. est annual survey of foreign direct investment in
the United States (FDIUS), record levels of new foreign
investment helped boost the current-dollar gross product of U.S. nonbank affiliates of foreign companies 14
percent in 2000—the fastest rate of increase in more
than a decade. The increase was mainly due to foreign
Table 1. Gross Product of Nonbank U.S. Affiliates
of Foreign Companies, 1977-2000
Percentage of U.S.
private-industry gross
domestic product
Millions of dollars
All
nonbank
affiliates
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999'
2000"
Percent change from the
preceding year:
35,222
42,920
55,424
70,906
98.828
103,489
111,490
128,761
134,852
142,120
157.869
190,384
223,420
239,279
257,634
266,333
285,738
312,981
322,631
358,085
389,432
419,828
457,707
522,238
Majorityowned
nonbank
affiliates
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
146,424
168,547
190 477
2O7',126
214,781
223,008
244,690
254,938
283,422
313,655
353,860
397,295
449,396
1989
17.4
15.1
1990
1991
13.0
1995
7.1
7.7
3.4
7.3
9.5
3.1
1996
11.0
11.2
1997
10.7
1999'
8.8
7.8
9.0
2000*
14.1
1992
1993
1994
1998
All
nonbank
affiliates
2.3
2.4
2.8
3.3
4.2
4.3
4.2
4.4
4.3
4.3
4.4
4.9
5.4
5.5
5.8
5.7
5.7
5.9
5.8
6.1
6.2
6.3
6.5
7.0
Majorityownednonbank
affiliates
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
3.8
4.1
4.4
4.7
4.6
4.5
4.6
4.6
4.8
5.0
5.3
5.6
6.0
Addendum:
Gross product
of majorityownpri nonbank
uvvii!*u iiuiiLJUim
affiliates as a
percentage of
that of all nonbank affiliates
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
76.9
75.4
79.6
80.4
80.6
78.0
78.2
79.0
79.1
80.5
84.3
86.8
86.1
1. The estimates of gross product of U.S. affiliates are conceptually consistent with those of total U.S. GDP, or gross product originating, by industry
(see the box "Key Terms").
The financial and operating data of nonbank U.S. affiliates presented in
this article cover the entire operations of each U.S. affiliate irrespective of
the percentage of foreign ownership. All data are on afiscalyear basis, so an
individual affiliate's fiscal year 2000 is its financial reporting year that ended
in calender year 2000.
The estimates of gross product and the other data items for affiliate operations for 2000 are preliminary. The estimates for 1999 are revised; for most
of the key data items, the revisions to the totals ranged from 0.4 percent to
1.8 percent.
CHART 1
Nonbank U.S.-Affiliate Share of GDP
in Private Industries, 1986-2000
Percent
7.5,
8.7
3.7
3.8
9.7
4.2
12.8
12.3
13.1
"Preliminary.
'Revised.
n.a. Not available.
NOTE For improved comparability with U.S -affiliate gross product, U.S. private-industry gross domestic
product was adjusted to exclude gross product originating in depository institutions and private households,
imputed rental income from owner-occupied housing, and business transfer payments. For the latest estimates ol US private-industry gross domestic product, see Sherlene K.S. Lum and Brian C. Moyei. "Gross
Domestic Product by Industry for 1998-2000" SURVEY OI CUHBMT BUSINESS 81 (November 2001): 17-33.
acquisitions of existing U.S. companies rather than
growth from existing affiliate operations.
The gross product of U.S. affiliates rose from $458
billion (revised) in 1999 to $522 billion in 2000; as a
result, the affiliate share of U.S. gross domestic product
(GDP) in private industries rose from 6.5 percent to a
record 7.0 percent, continuing a 5-year uptrend (table
1 and chart I).1 For affiliates that were majority-owned
by foreign direct investors, the share increased from 5.6
percent to 6.0 percent.
1986
88
90
US. Bureau of Economic Analysis
92 94
98
2000
150
U.S. Affiliates of Foreign Companies
The 14-percent increase in affiliate gross product in
2000 followed increases of 8 percent in 1998 and 9 percent in 1999. In all 3 years, the levels of foreign spending to acquire or establish U.S. companies were
unprecedented.2 Foreign investment spending was par2. According to data from BEA's annual survey of new foreign investments, outlays by foreign direct investors to acquire or establish businesses
in the United States (which before 1998 had never exceeded $80 billion)
jumped to $215.3 billion in 1998, $275.0 billion in 1999, and $335.6 billion
in 2000 (and then fell to $132.9 billion in 2001); see Thomas W. Anderson,
"Foreign Direct Investment in the United States: New Investment in 2001,"
SURVEY OF CURRENT BUSINESS 81 (June 2002): 28-35. The foreign direct investment position in the United States, which measures financing provided to
U.S. affiliates by members of their foreign parent groups, also grew rapidly:
At historical cost, the position increased 14 percent in 1998, 23 percent in
1999, and 27 percent in 2000 (and 9 percent in 2001); see Maria Borga and
Daniel R. Yorgason, "Direct Investment Positions for 2001: Country and
Industry Detail," SURVEY 82 (July 2002): 21-31.
August 2002
ticularly strong in 2000; however, it subsequently
dropped by more than half in 2001, reflecting a slowdown in the U.S. economy and a sharp decrease in
merger and acquisition activity worldwide.
In 1998, the new investments were heavily concentrated in petroleum and transportation equipment
manufacturing, and in 1999, they were concentrated in
telecommunications, computers and electronic products, and insurance. In contrast, in 2000, the investments were spread across a wide variety of industries.
In terms of the contribution to affiliate gross product,
the largest investments in 2000 included acquisitions
in such diverse industries as electric utilities, petroleum and coal products, computers and electronic
products, retail trade, telecommunications, finance,
technical consulting services, advertising, and employ-
Key Terms
The following key terms are used to describe U.S. affiliates of foreign companies and their operations.
U.S. affiliate. A U.S. business enterprise in which there
is foreign direct investment—that is, in which a single
foreign person owns or controls, directly or indirectly, 10
percent or more of the voting securities of an incorporated U.S. business enterprise or an equivalent interest in
an unincorporated U.S. business enterprise. "Person" is
broadly defined to include any individual, corporation,
branch, partnership, associated group, association, estate,
trust, or other organization and any government (including any corporation, institution, or other entity or instrumentality of a government). A "foreign person" is any
person resident outside the United States—that is, outside the 50 States, the District of Columbia, the Commonwealth of Puerto Rico, and all U.S. territories and
possessions.
Majority-owned U.S. affiliate. A U.S. affiliate that is
owned more than 50 percent by foreign direct investors.
Foreign parent. The first person outside the United
States in a U.S. affiliate's ownership chain that has a direct
investment interest in the affiliate.
Ultimate beneficial owner (UBO). That person, proceeding up a U.S. affiliate's ownership chain, beginning
with and including the foreign parent, that is not owned
more than 50 percent by another person. Unlike the foreign parent, the UBO of an affiliate may be located in the
United States. The UBO of each U.S. affiliate is identified
to ascertain the person that ultimately owns or controls
the U.S. affiliate and that therefore ultimately derives the
benefits from ownership or control.
Foreign parent group. Consists of (1) the foreign parent, (2) any foreign person, proceeding up the foreign
parent's ownership chain, that owns more than 50 percent of the person below it, up to and including the UBO,
and (3) any foreign person, proceeding down the ownership chain(s) of each of these members, that is owned
more than 50 percent by the person above it.
Gross product. The contribution to U.S. gross domestic product, which is the market value of the goods and
services produced by labor and property located in the
United States. Gross product, often referred to as "value
added," can be measured as gross output (sales or receipts
and other operating income plus inventory change)
minus intermediate inputs (purchased goods and services). Alternatively, it can be measured as the sum of the
costs incurred (except for intermediate inputs) and the
profits earned in production. The gross product estimates presented in this article were prepared by summing
cost and profit data collected in the annual and benchmark surveys of foreign direct investment in the United
States.
The estimates of gross product of U.S. affiliates are
conceptually consistent with BEA's estimates of U.S. GDP
by industry; both sets of estimates are measured as the
sum of the costs incurred (except for intermediate
inputs) and the profits earned in production. However,
there are some minor differences in measurement. For
example, in the profits measure used to estimate U.S.affiliate gross product, the amortization of intangible
assets is treated as an expense, but it is not treated as an
expense in the profits measure used to estimate U.S. GDP
by industry. This difference and others are small relative
to total affiliate gross product and thus have a negligible
effect on the affiliate shares of private-industry GDP in
tables 1 and 2.
August 2002
SURVEY OF CURRENT BUSINESS
ment services.
New acquisitions also contributed to a 7-percent increase in employment by affiliates in 2000; the affiliate
share of U.S. private-industry employment increased
from 5.4 percent to 5.6 percent.3 The increase in employment, which followed a 7-percent increase in 1999,
was partly held in check by foreign selloffs of minority3. Because U.S. affiliates tend to be concentrated in less labor-intensive
sectors of the economy (such as manufacturing), their share of U.S.
employment has consistently been lower than their share of U.S. gross
product.
151
owned affiliates in very labor-intensive industries. For
minority-owned affiliates, the reduction in employment from these selloffs greatly exceeded the addition
in employment that resulted from new acquisitions,
which were concentrated in capital-intensive industries and so had a much larger impact on affiliate gross
product than on affiliate employment.
Employment by affiliates that are majority-owned
by foreign parent companies—and thus are unambiguously under their control—increased 10 percent, the
Data on Foreign Direct Investment in the United States
BEA collects three broad sets of data on foreign direct
investment in the United States (FDIUS): (1) Financial
and operating data of U.S. affiliates, (2) data on U.S.
businesses newly acquired or established by foreign direct
investors (new investment data), and (3) international
transactions (balance of payments) and direct investment
position data. This article presents the financial and
operating data. The new investment data were published
in "Foreign Direct Investment in the United States: New
Investment in 2001" in the June 2002 issue of the SURVEY
OF CURRENT BUSINESS; the international transactions and
direct investment position data were published in the
articles "The International Investment Position of the
United States at Yearend 2001," "U.S. International
Transactions, First Quarter 2002," and "Direct Investment Positions for 2001: Country and Industry Detail,"
in the July 2002 SURVEY.
Each of the three data sets focuses on a distinct aspect
of FDIUS. The financial and operating data provide a
picture of the overall activities of the U.S. affiliates; the
new investment data provide information about U.S.
businesses that are newly acquired or established by foreign direct investors, regardless of whether the invested
funds were raised in the United States or abroad; and the
international transactions and direct investment position
data cover foreign investors' transactions with, and positions in, both new and existing U.S. affiliates.1
Financial and operating data of U.S. affiliates. The
data on the overall operations of U.S. affiliates are collected in BEA's annual and benchmark surveys of FDIUS.
1. For a more detailed discussion of the differences between these
three sets of data, see Alicia M. Quijano, "A Guide to BEA Statistics on
Foreign Direct Investment in the United States" SURVEY 70 (February
1990): 29-37. This guide is also available on BEA's Web site; go to
<www.bea.gov/bea/ail.htm>.
For a comparison of the data on affiliate operations with the data on
new investment, see the appendix "Sources of Data" in Mahnaz FahimNader and William J. Zeile, "Foreign Direct Investment in the United
States: New Investment in 1994 and Affiliate Operations in 1993" SURVEY 75 (May 1995): 68-70.
(Benchmark surveys, which are BEA's most comprehensive surveys of foreign direct investment in terms of both
coverage of companies and subject matter, are conducted
once every 5 years.) The data cover U.S. affiliates' balance
sheets and income statements, employment and compensation of employees, trade in goods, research and
development expenditures, sources of finance, and
selected data by State. In addition, the gross product of
affiliates is estimated from data reported in these surveys.
Except in benchmark survey years, these data, unlike
the new investment data, cover only nonbank affiliates.
The financial and operating data for affiliates are on a fiscal year basis. The data cover the entire operations of the
U.S. affiliate, irrespective of the percentage of foreign
ownership.
New investment data. The data on outlays by foreign
direct investors to acquire or establish affiliates in the
United States are collected on a calendar year basis in
BEA's survey of new FDIUS. In addition, the new investment survey collects selected data on the operations of
the newly acquired or established affiliates. For newly
acquired affiliates, these data are for (or as of the end of)
the most recent fiscal year preceding the acquisition, and
for newly established businesses, they are projected for
(or as of the end of) the first year of operation. The data
cover the entire operations of the business irrespective of
the percentage of foreign ownership.
International transactions and direct investment position data. These data are collected in the quarterly survey
of FDIUS. The data cover the U.S. affiliate's transactions
and positions with its foreign parent or other members of
its foreign parent group, so these data focus on the foreign parent's share, or interest, in the affiliate rather than
on the affiliate's overall size or level of operations. The
major items included in the U.S. international transactions (balance of payments) accounts are direct investment financial flows, direct investment income, royalties
and license fees, and other services transactions with the
foreign parent group.
152
U.S. Affiliates of Foreign Companies
August 2002
• Japanese- and German-owned affiliates continued
fastest rate since 1989.4 As a result, the share of U.S.
private-industry employment accounted for by majorto account for the largest shares of affiliate exports
ity-owned affiliates increased from 4.5 percent to 4.9
and imports of goods, but their shares of both
percent.
exports and imports each decreased.
In contrast to the increases in U.S.-affiliate shares of
This article examines changes in the gross product,
GDP and of employment, the affiliate shares of U.S. employment, and trade in goods of U.S. affiliates in
trade in goods decreased in 2000: The share of exports 2000, particularly as they relate to changes in the corredecreased from 22.1 percent to 21.1 percent, and the sponding totals for the U.S. economy. For each of these
share of imports decreased from 31.7 percent to 30.1 measures, changes in affiliate operations are examined,
percent. (Affiliates' shares of exports and imports have both in the aggregate and by major investing country.
consistently been much larger than their shares of GDP For gross product, the changes are also examined by
and employment because of the heavy trade orienta- industry of affiliate, and for employment, the affiliate
tion of affiliates in manufacturing and wholesale shares of the economy are examined by industry and
trade.) In 2000, affiliate exports and imports both in- by State. Several additional measures of U.S.-affiliate
creased at a faster pace than in 1999, but total U.S. ex- operations are presented in tables at the end of this arports and imports grew even faster. Exports of goods ticle.
by affiliates increased 8 percent, to $165.3 billion, and
imports of goods by affiliates increased 13 percent, to
Gross Product
$366.6 billion. Affiliate exports and imports of goods In 2000, the gross product (or value added) of nonwere little affected by the new investments in 2000, bank U.S. affiliates in current dollars increased 14 permany of which were in service sectors.5
cent, from $458 billion to $522 billion. In comparison,
The following are additional highlights of the oper- total U.S. GDP in private nonbank industries increased
6 percent.6 The U.S. affiliates' share of total U.S. GDP
ations of U.S. affiliates in 2000.
• By country of ownership, the United Kingdom in private industries increased from 6.5 percent in
remained the largest investing country in terms of 1999 to a record 7.0 percent in 2000, continuing a
affiliate gross product. As a result of several acquisi- 5-year uptrend.
tions, the share of British-owned affiliates in the
The gross product of U.S. affiliates that are majorgross product of all affiliates increased to more than ity-owned by foreign direct investors increased 13 per20 percent.
cent; their share of U.S. GDP in private industries
• By industry, the affiliate share of U.S. employment increased from 5.6 percent to 6.0 percent. The gross
in the utilities sector more than doubled, to more product of U.S. affiliates that are minority-owned inthan 4 percent, as a result of foreign acquisitions. creased at a faster pace—21 percent—reflecting several
Within the manufacturing sector, the affiliate share acquisitions of minority-ownership shares in U.S.
increased substantially in beverages and tobacco companies with very large value added. The majorityproducts (to 20 percent) and in computer and elec- owned affiliates' share of the gross product of all affiliates thus dipped slightly, from 87 percent to 86 pertronic products (to 20 percent).
• By State, the affiliate share of private-industry cent.
employment was highest in Hawaii, followed by
Delaware, South Carolina, and New Hampshire. In By country of ownership
Delaware, the affiliate share of manufacturing Affiliates with ultimate beneficial owners (UBO's) in
employment increased to 25 percent, the highest seven major investing countries—Canada, France,
share among States.
Germany, Japan, the Netherlands, Switzerland, and the
United Kingdom—have accounted for more than 80
4. Because of the presumption of foreign control, majority ownership is
percent of the gross product of all nonbank affiliates
viewed by many as the preferred basis for selecting firms for the analysis of
the role of foreign multinational enterprises in host-country production,
employment, and trade. For an extensive discussion of the concepts of foreign ownership and control, see Robert E. Lipsey, "Foreign Direct Investment and the Operations of Multinational Firms: Concepts, History, and
Data," National Bureau of Economic Research Working Paper 8665
(December 2001).
5. The new investments did contribute substantially to a 14-percent increase in affiliate sales of services to foreigners, from $25.3 billion to $28.8
billion. Data on affiliate imports of services are not available.
6. The rate of change in U.S. private-industry GDP serves as a convenient
benchmark against which the increase in U.S.-affiliate gross product can be
evaluated, but the two growth rates are not strictly comparable, because the
growth rate of U.S. affiliate gross product partly reflects transfers in ownership that do not represent increased production for the whole economy.
Similarly, changes in U.S.-affiliate employment, exports, and imports partly
reflect changes in ownership and so are not strictly comparable with the
corresponding changes in the whole economy.
August 2002
153
SURVEY OF CURRENT BUSINESS
since at least 1977, the first year for which annual data
on affiliate operations are available. In 2000, as
throughout 1977-99, the largest investing country in
terms of affiliate gross product was the United Kingdom: British-owned affiliates accounted for 21.4 percent of affiliate gross product and for 1.5 percent of
total U.S. GDP in private industries (table 2 and chart
2). Japanese-owned affiliates accounted for the second-largest share of affiliate gross product (13.8 percent), and German-owned affiliates accounted for the
third-largest share (11.1 percent). Germany had
ranked as the second-largest investing country in terms
of affiliate gross product in 1998 and 1999, temporarily
surpassing Japan, which had ranked as the secondlargest country in each year in 1991-97.
In 2000, the gross product of British-owned affiliates increased by a third, to $112 billion. The increase—which accounted for more than 40 percent of
the increase in gross product for all U.S. affiliates—was
partly attributable to several acquisitions in such
diverse industries as oil and gas extraction, electric
CHART 2
Investing-Country Shares of the Gross
Product of All Nonbank U.S. Affiliates, 2000
Percent
Other (18.3%)
Canada (7.8%)
United Kingdom
(21.4%)
France (11.1%)
Germany
Switzerland
(11.1%)
(7.6%)
Netherlands
Japan (13.8%)
(8.9%)
U.S. Bureau of Economic Analysis
Table 2. Gross Product of Nonbank Affiliates by Country of Ultimate Beneficial Owner, 1998-2000
Percentage of
all-countries total
Millions of dollars
1998
1999
2000
1998
1999
419,828
39,853
268,466
37,443
66,852
29,165
28,207
75,310
31,489
457,707
42,673
298,861
44,779
70,614
35,651
31,620
83,309
32,888
20,426
1,249
2,946
81.469
65,127
16,342
10,082
522,238
40,514
100.0
9.5
63.9
8.9
100.0
9.3
15.9
6.9
67
15.4
7.8
6.9
18.2
7.2
4.5
0.3
0.6
17.8
14.2
3.6
2.2
2000
Percentage of
U.S. private-industry
gross product
1998
1999
2000
6.5
0.6
4.2
0.6
1.0
0.5
0.4
1.2
0.5
0.3
(*)
(*)
1.2
0.9
0.2
0.1
7.0
0.5
4.7
0.8
0.8
0.6
0.5
1.5
0.5
0.4
(*)
(*)
1.2
1.0
0.2
0.2
Addendum:
Percent
change in
affiliate gross
product,
1999-2000
All nonbank affiliates:
All countries
Canada
Europe
France
Germany
Netherlands
Switzerland
United Kingdom
Other
Latin America and Other Western Hemisphere
Africa
Middle East
Asia and Pacific
Japan
Other
United States
17,346
2,912
4,628
79,039
65,034
14,005
7,585
349,863
57,762
57,995
46,620
39,924
111,871
35,691
26,597
1,322
3.150
89.282
72,041
17,241
11,510
17.9
7.5
4.1
0.7
1.1
18.8
15.5
3.3
1.8
100.0
7.8
65.3 67.0
9.8 11.1
11.1
8.9
7.6
21.4
6.8
5.1
0.3
0.6
17.1
13.8
3.3
2.2
14.1
-5.1
17.1
29.0
-17.9
30.8
26.3
34.3
8.5
30.2
5.9
6.9
9.6
10.6
5.5
14.2
Majority-owned nonbank affiliates:
All countries
Canada
Europe
France
Germany
Netherlands
Switzerland
United Kingdom
Other
Latin America and Other Western Hemisphere
Africa
Middle East
Asia and Pacific
Japan
Other
United States
Less than 0.05 percent.
D Suppressed lo avoid disclosure of dala of individual companies.
353,860
34.174
228,775
25,268
57,975
26,094
397,295 449,396
36.400 36,272
261.473 301.085
31,790
61.569
31,482
22,798
70,602
26,038
15,732
(D)
2,460
25,996
80,391
30,244
19,120
1,211
68,005
71,836
57,622
14,214
56,291
11,714
(D)
2,131
5,124
38.854
54.033
42,641
34,015
100,143
31,399
25,073
1,283
2,434
77,928
62,241
15,686
5,320
100.0
97
64.7
7.1
16.4
7.4
6.4
20.0
7.4
4.4
(0)
0.7
19.2
159
3.3
(D)
100.0
9.2
65.8
8.0
15.5
7.9
6.5
20.2
7.6
4.8
0.3
0.5
18.1
145
3.6
1.3
100.0
8.1
67.0
8.6
12.0
9.5
7.6
22.3
7.0
5.6
0.3
0.5
17.3
13.8
3.5
1.2
6.0
0.5
4.0
0.5
0.7
0.6
0.5
1.3
0.4
0.3
1.0
0.8
0.2
0.1
1.0
0.8
0.2
0.1
13.1
-0.4
15.1
22.2
-12.2
35.4
30.8
24.6
3.8
31.1
5.9
14.2
8.5
8.0
10.4
3.8
154
U.S. Affiliates of Foreign Companies
utilities, electronic products manufacturing, telecommunications, transportation, and finance.7 Some of the
largest acquisitions were acquisitions of minority-ownership shares in U.S. companies; the gross
product of British majority-owned affiliates increased
by a fourth, a more modest pace than the increase for
all British-owned affiliates. In addition, a substantial
portion of the increase in the gross product of British-owned affiliates can be attributed to increases in
existing affiliate operations, partly reflecting improved
market conditions for companies with operations in
petroleum production and sales.
Acquisitions and the improved market for petroleum products were also the major factors behind a 31percent increase in the gross product of affiliates with
UBO's in the Netherlands. In contrast to Britishowned affiliates, virtually all of the increase in gross
product from acquisitions was for majority-owned affiliates. The gross product of the Netherlands majorityowned affiliates increased 35 percent, raising the Netherlands ranking among investing countries for majority-owned affiliates from the sixth largest to the fourth
largest.8
In a major reversal from large and sustained increases in the 1990s, the gross product of Ger7. In 2000, outlays by British direct investors to acquire or establish businesses in the United States totaled $110 billion, 33 percent of the total outlays by all direct investors. See table 4 in Anderson, "New Investment in
2001," 30.
8. Among the three largest investing countries, the rankings for majorityowned affiliates were the same as those for all affiliates; however, France
remained the fourth-largest investing country for all affiliates, partly
reflecting the continued presence of French minority holdings in a number
of large U.S. companies.
Acknowledgments
The 2000 annual survey of foreign direct investment
in the United States was conducted under the supervision of Joseph F. Cherry III, with contributions by
Juris E. Abolins, Chester C. Braham, Erica CarsonBrown, Hien X. Dang, Constance T. Deve, Charles R.
Gravitz, Lonnie Hunter, Edna A. Ludden, Betty K.
Maddy, Isabel L. McConnell, Demetria A. McCormick, Gregory L. McCormick, Sidney A. Moskowitz,
Christine L. Perrone, Joseph N. Poist III, Clarence D.
Smith, Marie P. Smith, John R. Starnes, and Christopher J. Stein.
Computer programming for data estimation and
the generation of data tables was provided by Diane
Young and Neeta Kapoor.
August 2002
man-owned affiliates dropped 18 percent in 2000, the
first decrease since 1986. As a result, Germany's ranking among investing countries slipped from second to
third. Much of the decrease in gross product was related to revenue shortfalls and associated operating
losses of large affiliates in manufacturing. The decrease
also reflected selloffs of German ownership interests in
U.S. companies, particularly selloffs of minorityowned affiliates. Increases in gross product due to new
acquisitions were relatively small.9
The gross product of Canadian-owned affiliates also
decreased, reflecting both selloffs and decreases in
value added from existing affiliate operations. For the
first time, Canada's ranking among investing countries
slipped to sixth (from fifth in 1999); in 1977-94, Canada had ranked as either the second-largest or the
third-largest investing country.
By industry of affiliate
In 2000, affiliates classified in manufacturing accounted for nearly half of the gross product of all nonbank affiliates (table 3). Wholesale trade, which
includes a number of large affiliates with substantial
secondary operations in manufacturing, accounted for
the next largest share of affiliate gross product.
9. In 2000, total outlays by German direct investors to acquire or establish
U.S. businesses (at $18 billion) amounted to less than the total for any of
the other major investing countries; see Anderson, "New Investment in
2001," 30.
Data Availability
This article summarizes the preliminary estimates
from the 2000 annual survey of foreign direct investment in the United States. More detailed estimates will
be published this fall; the availability of these estimates
will be announced on the inside back cover of the SURVEY. Revised estimates will be published next year.
Estimates of U.S. affiliate operations in 1977-99 are
available in compressed files that can be downloaded
from BEA's Web site. The estimates for 1992, 1996,
and 1998-99 are also available in publications that can
be ordered from the U.S. Government Printing Office.
For more information on these products and how
to order them, see the International Investment Division Product Guide on BEA's Web site at
<www.bea.gov/bea/ai/iidguide.htm>, send an e-mail
to InternationalAccounts@bea.gov, or write to the
Research Branch (BE-50), International Investment
Division, Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230.
August 2002
155
SURVEY OF CURRENT BUSINESS
Manufacturing's share of total affiliate gross product
decreased from 52 percent in 1999 to 45 percent in
2000. In contrast, wholesale trade's share increased
from 13 percent to 17 percent. The changes in the
shares of these two sectors were partly the result of
shifts in the industry classification of affiliates that had
sales in multiple industries; because the industry composition of their sales changed, some affiliates were reclassified from manufacturing to wholesale trade.10
10. Each U.S. affiliate is classified in the industry that accounts for the
largest portion of its sales. Many U.S. affiliates are involved in a variety of
business activities; changes in the mix of these activities can cause an affiliates's industry classification to change, but an affiliate is reclassified only if
the changes are significant or have persisted for at least 2 years.
Within manufacturing, the effect of these shifts was
particularly pronounced in petroleum and coal products, whose share of total affiliate gross product decreased from 6 percent to 3 percent. Shifts in industry
classification were also a major reason for an increase
in the share of electrical equipment, appliances, and
components and a corresponding decrease in the share
of "other manufacturing."
In addition to changes in the industry classification
of affiliates, the decrease in manufacturing's share of
affiliate gross product reflected substantial reductions
in value added from manufacturing-affiliate operations—particularly for affiliates in transportation
equipment—and increases in the gross product of
Table 3. Gross Product of Nonbank U.S. Affiliates by Industry of Affiliate, 1998-2000
Percentage
of
all-countries
total
Millions of dollars
All nonbank affiliates:
All industries
Manufacturing
Food
Petroleum and coal products
Chemicals
Plastics and rubber products
Nonmetallic mineral products
Primary metals
Fabricated metal products
Machinery
Computers and electronic products
Electrical equipment, appliances, and components
Transportation equipment
Other
Wholesale trade
Retail trade
Information
Finance (except depository institutions) and insurance
Real estate and rental and leasing
Professional, scientific, and technical services
Other industries
Addendum
Percent
change in
affiliate
1998
1999
2000
1998
1999
2000
gross
product,
1999-2000
419,828
224,850
11,048
24,819
42,576
9,170
11,852
10,075
6,989
14,277
19,862
9,958
37,147
27,075
51,781
26,990
23,147
23,780
9,765
7,961
51,555
457,707
238,590
10,465
26,199
41,853
10,159
13,429
7,770
7,523
14,241
24,298
10,515
44,030
28,108
57,842
28,346
28,129
26,068
11,813
7,364
59,556
522,238
237,032
11,018
14,597
44,832
10,111
15,214
9,678
7,603
15,506
28,705
19,878
35,016
24,873
86,444
24,676
41,878
41,433
10,936
9,672
70,167
100.0
53.6
100.0
52.1
100.0
45.4
14.1
-0.7
2.6
5.9
2.2
2.8
2.4
1.7
3.4
4.7
2.4
8.8
6.4
2.3
5.7
9.1
2.2
2.9
1.7
1.6
3.1
5.3
2.3
9.6
6.1
2.1
2.8
8.6
1.9
2.9
1.9
1.5
3.0
5.5
3.8
6.7
4.8
12.3
12.6
16.6
6.4
5.5
5.7
2.3
1.9
6.2
6.1
5.7
2.6
1.6
4.7
8.0
7.9
2.1
1.9
12.3
13.0
13.4
18.1
89.0
-20.5
-11.5
49.5
-12.9
48.9
58.9
-7.4
31.3
17.8
353,860
201,116
9,947
21,637
39,022
8,506
11,265
6,541
6,333
13,342
17,826
397,295
219,141
10,095
449,396
217,358
10,631
100.0
56.8
100.0
55.2
100.0
48.4
13.1
-0.8
2.8
6.1
2.5
(D)
9.5
2.3
3.2
1.6
1.7
3.5
5.8
2.5
5.3
(D)
8.3
10.1
5.3
-44.3
7.1
-0.5
13.3
24.6
1.1
8.9
Majority-owned nonbank affiliates
All industries
Manufacturing
Food
Petroleum and coal products
Chemicals
Plastics and rubber products
Nonmetallic mineral products
Primary metals
Fabricated metal products
Machinery
Computers and electronic products
Electrical equipment, appliances, and components
Transportation equipment
Other
Wholesale trade
Retail trade
Information
Finance (except depository institutions) and insurance
Real estate and rental and leasing
Professional, scientific, and technical services
Other industries
0 Suppressed to avoid disclosure of data of individual companies.
(D)
(D)
34,982
37,698
9,326
12,805
6,214
6,561
13,803
23,095
10,011
41,227
40,821
8,813
14,531
7,992
7,077
15,323
27,229
19,737
32,278
(D)
(D)
(D)
47,877
17,990
13,767
19,808
7,604
6,743
38,955
55,536
19,938
18,841
21,029
9,302
7,526
45,983
82,849
22,346
19,959
33,260
9,418
9,038
55,169
(D)
(D)
2.4
(D)
9.1
2.0
3.2
1.8
1.6
3.4
6.1
4.4
7.2
(D)
13.5
14.0
18.4
5.1
3.9
5.6
2.1
1.9
5.0
4.7
5.3
2.3
1.9
5.0
4.4
7.4
2.1
2.0
11.0
11.6
12.3
11.0
2.4
3.2
1.8
1.8
3.8
5.0
(D)
9.9
(D)
10.4
-5.5
13.5
28.6
7.9
11.0
17.9
97.2
-21.7
(D)
49.2
12.1
5.9
58.2
1.3
20.1
20.0
U.S. Affiliates of Foreign Companies
156
affiliates in other sectors.
Among other sectors, the gross product of affiliates
in finance and insurance and in information increased
substantially. In finance and insurance, the increase reflected both new foreign investments and increases in
value added from existing affiliate operations. In the
information sector, the increase was primarily due to
new foreign acquisitions of minority-ownership shares
in telecommunications companies; the gross product
of majority-owned affiliates increased only modestly,
and their share of the gross product of all majorityowned affiliates decreased.
Employment
In 2000, employment by U.S. affiliates of foreign companies increased 7 percent, the same rate as in 1999
(table 4). The increase from 6.0 million employees to
6.4 million employees was mainly the result of several
foreign acquisitions of U.S. companies. Increases in
employment due to acquisitions were partly offset by
reductions due to foreign selloffs, particularly selloffs
of minority-owned affiliates (total employment by minority-owned affiliates decreased 10 percent).11 Employment by majority-owned affiliates, which was
relatively unaffected by selloffs, increased 10 percent,
the fastest rate of increase since 1989. As a result, their
share of the employment of all U.S. affiliates increased
from 84 percent to 87 percent.
Continuing an uptrend associated with the 3 years
of record foreign investment, the affiliate share of U.S.
private-industry employment increased from 5.4 percent in 1999 to a record 5.6 percent in 2000. The share
of majority-owned affiliates increased from 4.5 percent
to 4.9 percent.
By industry
In 2000, as in earlier years, the affiliate share of U.S.
employment at the sector level was highest in mining
(16.2 percent), followed by manufacturing (13.9 percent) (table 5).12 Within manufacturing, the affiliate
share was highest in chemicals (32.3 percent), followed
by nonmetallic mineral products (23.7 percent), elec11. The drop in employment by minority-owned affiliates was largely due
to selloffs in such labor-intensive industries as retail trade and business support services. In contrast, the gross product of minority-owned affiliates
increased 21 percent, reflecting acquisitions of businesses with large value
added per employee.
12. The estimates of shares are based on employment data by industry of
sales; this basis approximates the establishment-based disaggregation of the
corresponding data for all U.S. businesses. See the box "Using Employment
Data to Estimate Affiliate Shares of the U.S. Economy by Industry."
August 2002
Table 4. Employment of Nonbank U.S. Affiliates
of Foreign Companies, 1977-2000
Thousands of
employees
1977 .
1978 ..
1979
1980
1981
1982
1983
1984
1985
1986
1987 ..
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999 r
2000"
.
.
.
Percent change from the preceding
year:
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999 r
2000 p
Percentage of U.S.
private-industry
employment
All
nonbank
affiliates
Majorityowned
nonbank
affiliates
All
nonbank
affiliates
Majorityowned
nonbank
affiliates
1,218.7
1,429.9
1,753.2
2,033.9
2,416.6
2,448.1
2,546.5
2,714.3
2,862.2
2,937.9
3,224.3
3,844.2
4,511.5
4,734.5
4,871.9
4,715.4
4,765.6
4,840.5
4,941.8
5,105.0
5,201.9
5,646.1
6,027.6
6,429.2
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
2,602.7
3,119.0
3,573.4
3,841.7
3,991.3
3,903.9
3,851.7
3,954.0
4,022.6
4,155.6
4,269.1
4,669.5
5,064.3
5,562.6
1.7
1.9
2.3
2.7
3.1
3.2
3.3
3.4
3.4
3.5
3.7
4.3
4.9
5.1
5.3
5.1
5.0
4.9
4.9
5.0
4.9
5.2
5.4
5.6
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
3.0
3.5
3.9
4.2
4.4
4.3
4.1
4.1
4.0
4.1
4.0
4.3
4.5
4.9
19.2
17.4
4.9
2.9
-3.2
1.1
1.6
2.1
3.3
1.9
8.5
6.8
6.7
19.8
14.6
7.5
3.9
-2.2
-1.3
2.7
1.7
3.3
2.7
9.4
8.5
9.8
Addendum:
Employment of
majority-owned
nonbank affiliates
as a percentage of
that of all nonbank
affiliates
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
80.7
81.1
79.2
81.1
81.9
82.8
80.8
81.7
81.4
81.4
82.1
82.7
84.0
86.5
r
p Preliminary.
Revised.
n.a. Not available.
NOTES. For improved comparability with U.S.-affiliate employment, U.S. private-industry employment was
adjusted to exclude employment in depository institutions and private households.
For consistency with the coverage of the data on U.S. private-industry employment, U.S.-affiliate employment in Puerto Rico, in "other U.S. areas," and in "foreign" was excluded from the U.S. affiliate total when the
employment shares were computed.
trical equipment, appliances, and components (20.9
percent), and transportation equipment (20.6 percent); these four industries also had the highest shares
for majority-owned affiliates.
In both mining and manufacturing, the affiliate
shares were slightly higher in 2000 than in 1999, reflecting increases in employment associated with acquisitions. Within manufacturing, the shares increased
the most in beverages and tobacco products and in
computer and electronic products. In beverages and
tobacco products, the affiliate share of increased from
17.5 percent to 20.3 percent, mainly as a result of acquisitions. In computer and electronic products, the
share increased from 17.4 percent to 20.1 percent, reflecting acquisitions that were concentrated in semiconductors and other electronic components and in
August 2002
157
SURVEY OF CURRENT BUSINESS
communications equipment. The affiliate share decreased the most in textile product mills; the decrease,
from 7.0 percent to 4.9 percent, was mainly due to the
selloffs of foreign ownership interests in U.S. companies.
Among other sectors, the affiliate share of employ-
Table 5. Employment by Nonbank U.S. Affiliates by Industry of Sales, 1998-2000
Percentage of total U.S. employment in
nonbank private industries 1
Thousand of employees
Majority-owned
nonbank affiliates
All nonbank affiliates
All industries2
Agriculture, forestry, fishing, and hunting
Mining, excluding oil and gas extraction
Utilities
Construction
Manufacturing3
Food
Beverages and tobacco products
Textile mills
Textile product mills
Apparel
Leather and allied products
Wood products
Paper
v
Printing and related support activities
Petroleum and coal products4
Chemicals
Plastics and rubber products
Nonmetallic mineral products
Primary metals
Fabricated metal products
Machinery
Computer and electronic products
Electrical equipment, appliances, and components
Transportation equipment
Motor vehicles, bodies and trailers, and parts
Other
Furniture and related products
Miscellaneous manufacturing
Wholesale trade
Retail trade
Transportation and warehousing
Information
Publishing industries
Motion picture and sound recording industries
Broadcasting and telecommunications
Information services and data processing services
Finance (except depository institutions) and insurance
Finance, except depository institutions
Insurance carriers and related activities
Real estate and rental and leasing
Professional, scientific, and technical services5
Management of nonbank companies and enterprises
Administration, support, waste management, and remediation services
Educational services
Health care and social assistance5
Arts, entertainment, and recreation5
Accommodation and food services
Other services (except public administration and private households)5.
Auxiliaries, except management of companies and enterprises
Unspecified6
1998
1999
2000
1998
1999
2000
5,646.1
24.2
63.3
6,027.6
27.4
58.5
11.4
78.6
2,269.4
127.6
30.1
25.0
15.6
30.0
6,429.2
25.2
60.4
28.7
80.4
2,309.5
142.4
34.3
23.0
10.6
26.4
4,669.5
5,064.3
13.7
52.5
7.6
73.7
2,290.8
143.9
36.1
26.2
16.1
28.7
1998
1999
2000
4.3
4.5
4.9
n.a.
15.8
n.a.
15.9
n.a.
16.2
n.a.
14.0
n.a.
14.3
n.a.
14.6
6.9
67.5
2,059.6
122.1
9.8
K
J
K
20.9
22.6
11.7
17.2
22.3
10.4
22.6
20.4
6.8
7.4
4.3
3.7
2.4
6.9
7.0
5.2
2.4
2.6
6.8
4.9
5.2
2.1
2.7
13.3
7.6
19.3
1.1
1.3
1.7
1.3
4.4
1.2
0.7
1.0
1.0
1.1
3.8
1.1
13.4
13.5
13.9
12.0
12.3
12.8
8.7
9.7
17.5
20.3
8.6
(D)
5.9
5.4
2.6
2.6
1.7
8.3
5.4
(D)
8.3
(D)
6.2
4.7
3.9
1.8
1.9
(D)
5.8
9.4
(D)
6.0
3.5
3.8
1.6
2.5
(D)
(D)
14.7
30.4
12.0
22.6
13.9
13.4
30.0
12.5
22.9
14.0
2.9
1.8
1.4
2.0
1.4
1.1
15.6
80.9
51.0
35.5
294.5
141.6
119.7
97.9
107.6
211.4
280.6
131.9
379.6
336.7
42.9
15.5
76.2
403.2
767.9
181.1
309.6
101.6
34.0
131.3
42.7
260.8
104.2
156.5
72.1
154.9
16.2
73.4
59.0
31.5
286.2
149.2
123.9
93.0
110.8
211.2
313.5
123.0
385.6
335.3
50.3
15.5
79.4
467.4
697.2
233.4
345.5
101.9
33.8
154.1
55.7
284.5
126.0
158.6
62.7
212.2
10.1
47.2
45.2
11.4
14.9
K
K
L
15.2
14.5
5.6
6.1
7.3
25.7
265.5
131.7
119.7
84.1
106.5
204.1
286.0
119.0
358.5
314.3
44.3
15.4
76.8
409.7
637.4
219.8
213.1
85.7
33.2
45.6
48.6
247.9
115.4
132.5
52.1
195.6
18.1
34.1
14.4
23.3
16.6
17.8
33.2
13.5
23.5
16.4
16.4
32.3
14.1
23.7
15.5
K
278.1
137.6
112.2
80.4
114.5
186.5
251.9
111.5
343.2
308.6
34.