[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.
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                                                        [Billions of current dollars; quarterly data at seasonally adjusted annual rates]                                                       
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                                                                               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                                       
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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
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    \1\GDP less exports of goods and 
services plus imports of goods and 
services.

    Source: Department of Commerce, 
Bureau of Economic Analysis.