[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
          1992) Dollars: 1940-1998]
[From the U.S. Government Publishing Office, www.gpo.gov]


1945................................................    56,674    56,520    56,300       220       154     367.3     366.1     364.6       1.4       1.2
1946................................................    20,680    20,538    20,100       438       142     135.3     134.2     131.5       2.8       1.0
1947................................................     4,693     4,094     3,483       611       599      32.0      28.2      24.1       4.2       3.7
1948................................................     3,919     3,479     2,704       775       440      20.7      18.1      14.1       4.0       2.5
1949................................................     3,847     3,385     2,345     1,040       462      17.3      14.7      10.3       4.5       2.5
                                                                                                                                                        
1950................................................     3,873     3,389     2,052     1,337       484      18.5      15.6       9.5       6.1       2.9
1951................................................     7,400     6,834     5,486     1,348       566      31.3      28.1      22.7       5.5       3.1
1952................................................    16,224    15,649    14,197     1,452       575      62.5      59.7      54.2       5.4       2.9
1953................................................    22,958    22,202    20,594     1,608       756      89.3      85.6      79.5       6.1       3.7
1954................................................    21,442    20,698    19,303     1,395       744      84.6      80.8      75.4       5.4       3.8
                                                                                                                                                        
1955................................................    18,004    17,184    16,094     1,090       820      72.5      68.2      64.0       4.3       4.2
1956................................................    17,387    16,472    15,556       916       915      65.1      60.6      57.3       3.3       4.5
1957................................................    19,613    18,465    17,324     1,141     1,148      69.8      64.7      60.7       3.9       5.2
1958................................................    20,770    18,982    17,639     1,343     1,788      73.2      65.1      60.6       4.5       8.1
1959................................................    22,899    19,943    18,329     1,614     2,956      79.0      65.7      60.5       5.2      13.3
                                                                                                                                                        
1960................................................    22,405    19,084    17,157     1,927     3,321      77.2      62.1      55.9       6.2      15.0
1961................................................    21,860    18,807    16,791     2,016     3,053      75.6      61.7      55.2       6.5      13.8
1962................................................    23,352    20,113    17,785     2,328     3,239      78.3      63.8      56.5       7.3      14.5
1963................................................    25,548    21,948    19,399     2,549     3,600      83.6      67.7      60.0       7.7      15.9
1964................................................    25,381    20,899    17,970     2,929     4,482      83.3      63.8      55.0       8.8      19.5
                                                                                                                                                        
1965................................................    22,263    17,278    14,231     3,047     4,985      74.0      52.7      43.5       9.2      21.3
1966................................................    25,028    20,116    16,851     3,265     4,912      81.5      61.1      51.4       9.8      20.3
1967................................................    29,647    24,416    21,377     3,039     5,231      91.1      70.3      61.7       8.6      20.8
1968................................................    34,200    28,304    25,437     2,867     5,896     100.7      78.2      70.4       7.8      22.6
1969................................................    34,952    28,787    26,235     2,552     6,165      99.9      77.4      70.7       6.8      22.5
                                                                                                                                                        
1970................................................    33,186    26,130    23,588     2,542     7,056      90.4      66.6      60.2       6.4      23.8
1971................................................    31,534    23,662    20,701     2,961     7,872      82.3      57.9      50.8       7.1      24.4
1972................................................    31,084    22,667    19,094     3,573     8,417      79.0      54.6      46.1       8.5      24.5
1973................................................    30,183    21,318    17,624     3,694     8,865      75.2      50.9      42.2       8.7      24.2
1974................................................    31,180    21,335    17,385     3,950     9,845      72.3      48.2      39.1       9.1      24.1
                                                                                                                                                        
1975................................................    34,374    23,494    18,665     4,829    10,880      69.9      47.6      38.4       9.3      22.3
1976................................................    37,981    24,464    19,247     5,217    13,517      74.2      47.6      38.1       9.4      26.7
TQ..................................................     9,782     5,846     4,465     1,381     3,936      18.5      10.8       8.4       2.4       7.7
1977................................................    43,484    27,320    21,556     5,764    16,164      80.4      49.7      39.7      10.0      30.7
1978................................................    48,292    29,964    23,227     6,737    18,328      85.1      52.1      40.8      11.3      33.0
1979................................................    57,094    36,455    28,689     7,766    20,639      91.8      57.5      45.2      12.3      34.2
                                                                                                                                                        
1980................................................    63,055    40,537    32,486     8,051    22,518      92.1      58.5      47.2      11.3      33.5
1981................................................    70,013    47,861    39,101     8,760    22,152      92.6      63.1      51.8      11.3      29.5
1982................................................    76,576    56,420    47,960     8,460    20,156      94.0      69.2      59.1      10.1      24.8
1983................................................    87,728    67,215    59,221     7,994    20,513     102.5      77.8      68.6       9.2      24.7
1984................................................   100,736    78,043    68,229     9,814    22,693     113.1      85.9      74.6      11.3      27.2
                                                                                                                                                        
1985................................................   114,603    89,702    77,956    11,746    24,901     125.6      96.1      82.8      13.3      29.5
1986................................................   122,197    95,929    84,663    11,266    26,268     132.5     102.2      89.6      12.6      30.3
1987................................................   125,909   102,060    89,526    12,534    23,849     137.1     110.5      96.7      13.8      26.6
1988................................................   125,118   100,230    85,698    14,532    24,888     136.0     109.0      93.4      15.6      27.0
1989 \1\............................................   129,694   104,399    90,490    13,909    25,296     137.9     111.2      96.7      14.4      26.8
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[[Page 139]]


               Table 9.2--MAJOR PUBLIC PHYSICAL CAPITAL INVESTMENT OUTLAYS IN CURRENT AND CONSTANT (FY 1992) DOLLARS: 1940-1998--Continued              
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                               In Millions of Current Dollars               In Billions of Constant (FY 1992) Dollars   
                                                     ---------------------------------------------------------------------------------------------------
                                                                       Direct Federal                                    Direct Federal                 
                     Fiscal Year                               ------------------------------                    ------------------------------         
                                                        Total             National    Non-     Grants     Total             National    Non-     Grants 
                                                                  Total    Defense   defense                        Total    Defense   defense          
--------------------------------------------------------------------------------------------------------------------------------------------------------
1990 \1\............................................   131,980   104,794    89,700    15,095    27,185     137.3     109.4      94.2      15.2      28.0
1991 \1\............................................   133,784   105,548    89,222    16,326    28,237     135.3     106.8      90.7      16.1      28.4
1992 \1\............................................   131,927   102,629    82,359    20,271    29,297     131.9     102.6      82.4      20.3      29.3
1993 \1\............................................   126,412    95,242    76,141    19,101    31,170     124.7      94.1      74.9      19.2      30.6
1994 \1\............................................   119,165    83,892    66,730    17,161    35,274     115.2      81.0      63.9      17.1      34.2
                                                                                                                                                        
1995 \1\............................................   118,918    79,339    59,865    19,474    39,579     112.6      75.2      56.2      19.0      37.4
1996 \1\............................................   115,873    75,518    54,961    20,557    40,355     107.3      70.1      50.0      20.0      37.2
1997 estimate \1\...................................   112,973    71,828    50,645    21,183    41,145     102.2      65.2      45.0      20.1      37.0
1998 estimate \1\...................................   102,826    62,945    47,843    15,102    39,881      90.5      55.5      41.4      14.0      35.0
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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: 2,125; 1997: 3,541; 1998:
  2,629.                                                                                                                                                
  In billions of constant (FY 1992) dollars: 1989: 0.9; 1990: 1.3; 1991: 1.3; 1992: 1.8; 1993: 1.2; 1994: 1.0; 1995: 1.4; 1996: 2.1; 1997: 3.4; 1998:   
  2.4. Note: Prior to 1960, the GDP data and deflators for constant dollar data are approximations of the anticipated post-benchmark revision levels.   
  Actual post-benchmark revision levels for fiscal years prior to 1960 have not yet been released. Constant-dollar estimates are based on chain-weighted
  (FY 1992=100) deflators.