[Economic Indicators May, 1996] [Page Number 1] [From the U.S. Government Publishing Office, www.gpo.gov] TOTAL OUTPUT, INCOME, AND SPENDING GROSS DOMESTIC PRODUCT In the first quarter of 1996, according to revised estimates, current- dollar gross domestic product (GDP) rose 4.5 percent (annual rate), real GDP (GDP in chained 1992 dollars) rose 2.3 percent, and the implicit price deflator rose 2.1 percent. ____________________________________________________________________________________________________________________________________________ [Billions of current dollars; quarterly data at seasonally adjusted annual rates] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Exports and imports of Government consumption expenditures and gross Personal goods and services investment Gross con- Gross --------------------------------------------------------------------------------- Final Gross Addendum: Period domestic sumption private Federal sales of domestic Gross product expendi- domestic Net ------------------------------ State domestic purchases\1\ national tures investment exports Exports Imports Total National Non- and product product Total defense defense local ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1986...................................... 4,422.2 2,892.7 722.5 -131.5 320.7 452.2 938.5 435.2 332.4 102.9 503.3 4,412.6 4,553.7 4,435.1 1987...................................... 4,692.3 3,094.5 747.2 -142.1 365.7 507.9 992.8 455.7 350.4 105.3 537.2 4,668.1 4,834.5 4,701.3 1988...................................... 5,049.6 3,349.7 773.9 -106.1 447.2 553.2 1,032.0 457.3 354.0 103.3 574.7 5,038.7 5,155.6 5,062.6 1989...................................... 5,438.7 3,594.8 829.2 -80.4 509.3 589.7 1,095.1 477.2 360.6 116.7 617.9 5,407.0 5,519.1 5,452.8 1990...................................... 5,743.8 3,839.3 799.7 -71.3 557.3 628.6 1,176.1 503.6 373.1 130.4 672.6 5,735.8 5,815.1 5,764.9 1991...................................... 5,916.7 3,975.1 736.2 -20.5 601.8 622.3 1,225.9 522.6 383.5 139.1 703.4 5,919.0 5,937.2 5,932.4 1992...................................... 6,244.4 4,219.8 790.4 -29.5 639.4 669.0 1,263.8 528.0 375.8 152.2 735.8 6,237.4 6,274.0 6,255.5 1993...................................... 6,550.2 4,454.1 871.1 -64.9 660.0 724.9 1,289.9 522.1 362.2 159.9 767.8 6,529.7 6,615.2 6,560.0 1994...................................... 6,931.4 4,698.7 1,014.4 -96.4 722.0 818.4 1,314.7 516.3 352.0 164.3 798.4 6,871.8 7,027.8 6,922.4 1995...................................... 7,245.8 4,924.3 1,065.3 -102.3 804.5 906.7 1,358.5 516.7 345.7 171.0 841.7 7,208.8 7,348.1 7,237.5 1990:IV................................... 5,781.5 3,907.0 736.1 -72.0 577.3 649.2 1,210.4 516.7 383.3 133.3 693.7 5,812.9 5,853.5 5,813.6 1991:IV................................... 6,002.3 4,027.1 760.9 -14.8 624.4 639.3 1,229.2 515.5 373.0 142.6 713.6 5,980.9 6,017.1 6,016.6 1992:IV................................... 6,383.0 4,329.6 816.1 -42.7 649.1 691.8 1,280.0 535.0 375.3 159.7 745.1 6,376.6 6,425.7 6,390.5 1993:I.................................... 6,442.8 4,367.8 843.6 -47.4 649.4 696.8 1,278.8 525.0 365.2 159.8 753.8 6,422.9 6,490.1 6,458.4 II.................................. 6,503.2 4,424.7 855.9 -62.0 662.5 724.6 1,284.6 519.6 362.2 157.4 765.0 6,481.6 6,565.2 6,512.3 III................................. 6,571.3 4,481.0 873.8 -77.1 648.5 725.6 1,293.6 520.8 360.7 160.1 772.7 6,549.3 6,648.4 6,584.8 IV.................................. 6,683.7 4,543.0 911.2 -73.2 679.4 752.6 1,302.7 522.9 360.8 162.2 779.7 6,664.9 6,756.9 6,684.5 1994:I.................................... 6,772.8 4,599.2 957.6 -80.3 681.5 761.7 1,296.4 511.3 346.7 164.6 785.0 6,732.6 6,853.1 6,773.6 II.................................. 6,885.0 4,665.1 1,016.5 -97.4 708.6 806.0 1,300.8 509.4 349.3 160.0 791.4 6,810.5 6,982.5 6,876.3 III................................. 6,987.6 4,734.4 1,033.6 -108.4 734.2 842.6 1,328.0 523.6 362.1 161.5 804.4 6,922.9 7,096.0 6,977.6 IV.................................. 7,080.0 4,796.0 1,050.1 -99.7 763.6 863.3 1,333.5 520.9 349.6 171.2 812.6 7,021.3 7,179.6 7,062.2 1995:I.................................... 7,147.8 4,836.3 1,072.0 -106.6 778.6 885.1 1,346.0 519.9 347.7 172.1 826.1 7,089.7 7,254.3 7,140.5 II.................................. 7,196.5 4,908.7 1,050.3 -122.4 796.9 919.3 1,359.9 522.6 352.3 170.3 837.3 7,162.5 7,318.9 7,187.0 III................................. 7,298.5 4,960.0 1,074.8 -100.8 812.5 913.3 1,364.5 516.7 345.6 171.1 847.7 7,260.3 7,399.3 7,283.0 IV.................................. 7,340.4 4,992.3 1,064.0 -79.3 829.9 909.2 1,363.5 507.8 337.2 170.6 855.7 7,322.6 7,419.7 7,339.6 1996:Ir................................... 7,421.4 5,063.0 1,065.4 -93.6 838.2 931.7 1,386.5 521.0 346.3 174.7 865.4 7,426.9 7,514.9 7,416.1 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\GDP less exports of goods and services plus imports of goods and services. Source: Department of Commerce, Bureau of Economic Analysis.