[Economic Indicators May, 1995]
[Page Number 9]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
GROSS PRIVATE DOMESTIC INVESTMENT IN 1987 DOLLARS

In the first quarter of 1995, according to revised estimates, 
nonresidential fixed investment in 1987 dollars rose $34.1 billion 
(annual rate) and residential investment fell $1.5 billion. There was a 
$52.3 billion increase in inventories, following an increase of $49.4 
billion in the fourth quarter.
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                 [Billions of 1987 dollars; quarterly data at seasonally adjusted annual rates]                 
----------------------------------------------------------------------------------------------------------------
                                                   Fixed investment                         Change in business  
                            -------------------------------------------------------------       inventories     
                    Gross                          Nonresidential                        -----------------------
     Period        private              ------------------------------------                                    
                  domestic      Total                            Producers'  Residential                        
                 investment                 Total    Structures    durable                   Total      Nonfarm 
                                                                  equipment                                     
----------------------------------------------------------------------------------------------------------------
1986...........       735.1       726.5       500.3       176.6       323.7        226.2         8.5        10.6
1987...........       749.3       723.0       497.8       171.3       326.5        225.2        26.3        32.7
1988 ..........       773.4       753.4       530.8       174.0       356.8        222.7        19.9        26.9
1989 ..........       784.0       754.2       540.0       177.6       362.5        214.2        29.8        29.9
1990 ..........       746.8       741.1       546.5       179.5       367.0        194.5         5.7         3.2
1991 ..........       683.8       684.9       515.4       160.6       354.9        169.5        -1.1        -1.3
1992 ..........       725.3       722.9       525.9       149.8       376.2        196.9         2.5        -2.0
1993...........       819.9       804.6       591.6       147.7       443.9        213.0        15.3        18.5
1994...........       951.5       903.8       672.4       150.6       521.9        231.3        47.8        40.7
                                                                                                                
1982: IV.......       503.5       548.4       417.2       173.2       244.0        131.2       -44.9       -46.2
1983: IV.......       669.5       640.2       449.6       162.6       287.0        190.6        29.3        32.3
1984: IV.......       756.4       708.4       509.6       189.5       320.1        198.8        47.9        50.8
1985: IV.......       763.1       732.9       525.5       198.3       327.2        207.4        30.2        28.0
1986: IV.......       705.9       725.9       495.5       170.4       325.0        230.5       -20.1       -18.6
1987: IV.......       793.8       733.9       510.6       177.9       332.7        223.3        59.9        62.1
1988: IV.......       785.0       764.1       538.8       175.7       363.1        225.3        20.9        30.5
1989: IV ......       769.5       744.6       536.7       179.8       356.9        208.0        24.9        31.2
1990: IV ......       695.7       716.6       540.2       172.8       367.4        176.3       -20.9       -18.7
1991: IV ......       697.9       684.4       506.9       151.4       355.5        177.5        13.5        14.6
1992: IV ......       755.2       748.6       540.9       146.3       394.6        207.7         6.6         6.3
                                                                                                                
1993: I .......       789.2       770.7       560.3       147.2       413.0        210.4        18.5        19.7
      II ......       806.2       787.3       581.0       147.3       433.7        206.3        18.9        22.8
      III .....       821.8       808.8       597.9       147.5       450.3        211.0        13.0        20.9
      IV ......       862.5       851.7       627.2       148.7       478.5        224.5        10.8        10.7
                                                                                                                
1994: I........       898.9       873.4       643.6       144.1       499.4        229.9        25.4        22.1
      II ......       950.9       891.7       657.9       151.0       506.9        233.8        59.2        51.7
      III .....       967.3       910.2       680.0       151.6       528.4        230.2        57.1        47.4
      IV.......       989.1       939.7       708.2       155.6       552.6        231.5        49.4        41.7
                                                                                                                
1995:  I r.....     1,024.6       972.3       742.3       160.9       581.4        230.0        52.3        49.8
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    Source: Department of Commerce, 
Bureau of Economic Analysis.