[Economic Indicators May, 1996]
[Page Number 9]
[From the U.S. Government Publishing Office, www.gpo.gov]
REAL GROSS PRIVATE DOMESTIC INVESTMENT
In the first quarter of 1996, according to revised estimates,
nonresidential fixed investment in chained (1992) dollars rose $21.3
billion (annual rate) and residential investment rose $4.3 billion.
There was a decrease of $5.7 billion in inventories following an
increase of $16.5 billion in the fourth quarter.
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[Billions of chained (1992) dollars; quarterly data at seasonally adjusted annual rates]
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Fixed investment Change in business
------------------------------------------------------------- inventories
Gross Nonresidential -----------------------
Period private ------------------------------------
domestic Total Producers' Residential
investment Total Structures durable Total Nonfarm
equipment
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1986................................................... 813.8 805.0 548.5 203.3 345.9 257.0 10.9 12.4
1987................................................... 820.5 799.4 542.4 195.9 346.9 257.6 26.2 34.2
1988................................................... 826.0 818.3 566.0 196.8 369.2 252.5 11.6 24.7
1989................................................... 861.9 832.0 588.8 201.2 387.6 243.2 33.3 33.5
1990................................................... 817.3 805.8 585.2 203.3 381.9 220.6 10.4 7.8
1991................................................... 737.7 741.3 547.7 181.6 366.2 193.4 -3.0 -1.2
1992................................................... 790.4 783.4 557.9 169.2 388.7 225.6 7.3 1.9
1993................................................... 857.3 836.4 593.6 166.3 427.6 242.7 19.1 26.4
1994................................................... 979.6 921.1 652.1 168.8 484.1 268.9 58.9 46.8
1995................................................... 1,011.3 976.9 715.0 181.1 535.2 262.8 33.7 37.4
1990:IV................................................ 748.1 774.4 573.9 196.0 377.9 200.3 -28.2 -25.9
1991:IV................................................ 762.4 742.0 539.5 171.4 368.1 202.4 21.4 19.9
1992:IV................................................ 812.4 805.8 569.1 165.6 403.5 236.7 5.8 7.2
1993:I................................................. 834.8 815.4 577.5 167.0 410.5 237.9 18.5 26.0
II............................................... 843.2 821.1 586.4 164.8 421.7 234.8 20.8 26.7
III.............................................. 857.6 835.4 593.1 165.1 428.2 242.2 19.5 30.9
IV............................................... 893.4 873.5 617.6 168.2 449.8 255.8 17.4 22.1
1994:I................................................. 933.5 892.4 628.6 163.0 466.5 263.6 40.1 29.8
II............................................... 984.6 911.4 639.5 169.0 471.2 271.6 74.1 54.1
III.............................................. 994.1 930.8 660.4 169.1 492.4 270.3 64.0 50.1
IV............................................... 1,006.3 949.7 679.7 174.3 506.4 270.3 57.3 53.3
1995:I................................................. 1,024.2 969.6 704.4 178.5 527.1 265.9 54.5 58.1
II............................................... 998.3 966.1 710.6 180.0 531.9 256.6 30.6 33.8
III.............................................. 1,016.2 981.0 719.7 182.7 538.2 262.3 33.2 38.3
IV............................................... 1,006.7 990.7 725.3 183.1 543.5 266.4 16.5 19.5
1996:Ir................................................ 1,009.7 1,016.2 746.6 187.3 560.6 270.7 -5.7 -.1
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Note.--See p. 10 for further
detail on fixed investment by type.
Because of the formula used for
calculating real GDP, the chained
(1992) dollar estimates for the
detailed components do not add to
the chained-dollar value of GDP or
to any intermedi-
ate aggregates.
Source: Department of Commerce,
Bureau of Economic Analysis.