[Historical Tables]
[Section 9 - Federal Government Outlays for Major Physical Capital, Research and Development, and Education and Training]
[Table 9.2 - Major Physical Capital Investment Outlays in Current and Constant (FY 1987) Dollars: 1940-1997]
[From the U.S. Government Printing Office, www.gpo.gov]


[[Page 138]]

 
                    Table 9.2--MAJOR PUBLIC PHYSICAL CAPITAL INVESTMENT OUTLAYS IN CURRENT AND CONSTANT (FY 1987) DOLLARS: 1940-1997                    

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                                                               In Millions of Current Dollars               In Billions of Constant (FY 1987) Dollars   
                                                     ---------------------------------------------------------------------------------------------------
                                                                       Direct Federal                                    Direct Federal                 
                     Fiscal Year                               ------------------------------                    ------------------------------         
                                                        Total             National    Non-     Grants     Total             National    Non-     Grants 
                                                                  Total    Defense   defense                        Total    Defense   defense          
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1940................................................     3,297     2,855       850     2,005       442      31.4      27.2       8.2      19.0       4.2
1941................................................     6,356     6,066     4,300     1,766       290      52.0      49.4      35.3      14.1       2.6
1942................................................    21,486    21,264    19,900     1,364       222     162.9     161.2     151.1      10.1       1.7
1943................................................    55,539    55,321    54,700       621       218     399.6     398.0     393.5       4.4       1.6
1944................................................    60,000    59,817    59,600       217       183     440.5     439.2     437.6       1.6       1.3
                                                                                                                                                        
1945................................................    56,674    56,520    56,300       220       154     435.6     434.4     432.7       1.6       1.1
1946................................................    20,680    20,538    20,100       438       142     160.3     159.3     156.1       3.3       0.9
1947................................................     4,693     4,094     3,483       611       599      36.9      33.5      28.6       4.9       3.4
1948................................................     3,919     3,479     2,704       775       440      23.8      21.5      16.8       4.7       2.3
1949................................................     3,847     3,385     2,345     1,040       462      19.8      17.4      12.2       5.3       2.3
                                                                                                                                                        
1950................................................     3,873     3,389     2,052     1,337       484      21.1      18.5      11.3       7.2       2.6
1951................................................     7,400     6,834     5,486     1,348       566      36.2      33.3      26.9       6.4       2.8
1952................................................    16,224    15,649    14,197     1,452       575      73.3      70.7      64.3       6.4       2.6
1953................................................    22,958    22,202    20,594     1,608       756     104.9     101.5      94.3       7.2       3.4
1954................................................    21,442    20,698    19,303     1,395       744      99.2      95.7      89.4       6.3       3.5
                                                                                                                                                        
1955................................................    18,004    17,184    16,094     1,090       820      84.8      80.9      75.9       5.0       3.9
1956................................................    17,387    16,472    15,556       916       915      76.0      71.9      68.0       3.9       4.1
1957................................................    19,613    18,465    17,324     1,141     1,148      81.4      76.7      72.0       4.6       4.7
1958................................................    20,770    18,982    17,639     1,343     1,788      84.6      77.2      71.8       5.3       7.4
1959................................................    22,899    19,943    18,329     1,614     2,956      90.0      77.9      71.7       6.2      12.1
                                                                                                                                                        
1960................................................    22,405    19,084    17,157     1,927     3,321      87.4      73.6      66.4       7.3      13.7
1961................................................    21,860    18,807    16,791     2,016     3,053      85.1      72.4      64.8       7.6      12.7
1962................................................    23,352    20,113    17,785     2,328     3,239      88.2      74.9      66.4       8.5      13.3
1963................................................    25,548    21,948    19,399     2,549     3,600      92.8      78.3      69.4       8.9      14.5
1964................................................    25,381    20,899    17,970     2,929     4,482      92.3      74.4      64.2      10.2      17.9
                                                                                                                                                        
1965................................................    22,263    17,278    14,231     3,047     4,985      80.2      60.7      50.2      10.5      19.5
1966................................................    25,028    20,116    16,851     3,265     4,912      88.1      69.5      58.4      11.0      18.7
1967................................................    29,647    24,416    21,377     3,039     5,231      99.7      80.5      70.7       9.8      19.2
1968................................................    34,200    28,304    25,437     2,867     5,896     111.5      90.7      81.7       9.0      20.8
1969................................................    34,952    28,787    26,235     2,552     6,165     109.8      89.1      81.4       7.7      20.7
                                                                                                                                                        
1970................................................    33,186    26,130    23,588     2,542     7,056      98.6      76.7      69.4       7.3      21.9
1971................................................    31,534    23,662    20,701     2,961     7,872      88.6      66.1      58.0       8.1      22.5
1972................................................    31,084    22,667    19,094     3,573     8,417      83.4      60.9      51.5       9.4      22.6
1973................................................    30,183    21,318    17,624     3,694     8,865      76.4      54.0      44.9       9.2      22.4
1974................................................    31,180    21,335    17,385     3,950     9,845      72.0      49.7      40.5       9.3      22.3
                                                                                                                                                        
1975................................................    34,374    23,494    18,665     4,829    10,880      71.0      50.3      41.0       9.3      20.6
1976................................................    37,981    24,464    19,247     5,217    13,517      73.9      49.3      40.0       9.4      24.5
TQ..................................................     9,782     5,846     4,465     1,381     3,936      18.0      11.0       8.6       2.4       7.0
1977................................................    43,484    27,320    21,556     5,764    16,164      77.3      49.4      39.6       9.8      27.9
1978................................................    48,292    29,964    23,227     6,737    18,328      79.7      50.8      40.0      10.7      29.0
1979................................................    57,094    36,455    28,689     7,766    20,639      83.9      55.2      43.9      11.3      28.7
                                                                                                                                                        
1980................................................    63,055    40,537    32,486     8,051    22,518      83.4      55.7      45.7      10.0      27.7
1981................................................    70,013    47,861    39,101     8,760    22,152      85.2      59.8      49.6      10.2      25.4
1982................................................    76,576    56,420    47,960     8,460    20,156      86.0      63.5      54.3       9.2      22.5
1983................................................    87,728    67,215    59,221     7,994    20,513      92.8      70.2      61.6       8.5      22.6
1984................................................   100,736    78,043    68,229     9,814    22,693     103.7      79.2      68.9      10.3      24.5
                                                                                                                                                        
1985................................................   114,603    89,702    77,956    11,746    24,901     114.9      89.1      77.0      12.1      25.8
1986................................................   122,197    95,929    84,663    11,266    26,268     120.5      94.0      82.6      11.4      26.6
1987................................................   125,909   102,060    89,526    12,534    23,849     125.9     102.1      89.5      12.5      23.8
1988................................................   125,118   100,230    85,698    14,532    24,888     124.4     100.4      86.1      14.3      24.1
1989\1\.............................................   129,694   104,399    90,490    13,909    25,296     125.6     101.9      88.6      13.3      23.7
                                                                                                                                                        
1990\1\.............................................   131,980   104,794    89,700    15,095    27,185     125.5     100.6      86.5      14.1      24.9
1991\1\.............................................   133,784   105,548    89,222    16,326    28,237     124.9      99.4      84.2      15.3      25.5
1992\1\.............................................   131,927   102,629    82,359    20,271    29,297     121.6      95.3      76.0      19.3      26.3
1993\1\.............................................   126,412    95,242    76,141    19,101    31,170     115.5      88.0      69.7      18.2      27.5
1994\1\.............................................   119,165    83,892    66,730    17,161    35,274     105.2      74.9      58.9      16.0      30.3
                                                                                                                                                        
1995\1\.............................................   118,918    79,339    59,865    19,474    39,579     103.5      70.7      52.4      18.2      32.8
1996 estimate\1\....................................   112,174    70,837    52,460    18,377    41,337      95.6      62.0      45.0      16.9      33.6
1997 estimate\1\....................................   108,071    67,835    48,495    19,340    40,236      90.1      58.1      40.7      17.4      31.9
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 \1\Includes off-budget Postal Service investments of the following amounts:                                                                            
  In millions of current dollars: 1989: 900; 1990: 1,317; 1991: 1,362; 1992: 1,842; 1993: 1,193; 1994: 963; 1995: 1,386; 1996: 2,210; 1997: 1,902.      
  In billions of constant (FY 1987) dollars: 1989: 0.9; 1990: 1.2; 1991: 1.3; 1992: 1.8; 1993: 1.1; 1994: 0.9; 1995: 1.3; 1996: 2.0; 1997: 1.7. Note:   
  GDP data / percentages and constant-dollar data / deflators are based on pre-benchmark revision GDP.