[Economic Indicators March, 1997]
[Page Number 2]
[From the U.S. Government Publishing Office, www.gpo.gov]


IMPLICIT PRICE DEFLATORS FOR GROSS DOMESTIC PRODUCT

                                            [Index numbers, 1992=100; quarterly data are seasonally adjusted]                                           
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                                       Personal consumption  expenditures     Gross private     Exports and imports  Government consumption expenditures
                                     -------------------------------------      domestic           of  goods and             and gross investment       
                              Gross                                            investment            services       ------------------------------------
          Period            domestic                   Nondura-           ------------------------------------------           Federal                  
                             product   Total  Durable     ble    Services  Nonresi-  Residen-                       ----------------------------  State 
                                               goods     goods              dential     tial    Exports    Imports            National    Non-     and  
                                                                             fixed     fixed                          Total    defense  defense   local 
--------------------------------------------------------------------------------------------------------------------------------------------------------
1988......................      86.1    84.3     93.3      84.8      82.2      93.7     92.1        96.0       95.3     87.2      87.3     86.7     87.5
1989......................      89.7    88.4     95.3      89.3      86.6      96.2     95.1        97.9       97.8     89.8      89.8     89.7     90.5
1990......................      93.6    92.9     96.6      94.6      91.2      98.4     97.8        98.7      100.4     92.9      92.9     92.8     94.9
1991......................      97.3    96.8     98.5      98.1      95.8      99.9     98.8       100.3      100.0     96.9      96.5     97.9     97.9
1992......................     100.0   100.0    100.0     100.0     100.0     100.0    100.0       100.0      100.0    100.0     100.0    100.0    100.0
1993......................     102.6   102.6    101.3     101.5     103.6     100.9    103.7        99.9       98.7    102.6     102.1    104.0    102.1
1994......................     104.9   105.1    103.4     102.8     106.7     102.3    107.0       101.0       99.5    105.4     104.5    107.7    103.6
1995......................     107.6   107.6    104.6     104.5     109.9     103.4    110.3       104.1      102.2    109.4     108.1    112.3    106.7
1996 r....................     109.7   109.8    103.4     107.1     112.7     103.2    112.2       103.5      101.5    112.0     110.6    115.2    109.8
                                                                                                                                                        
1991:IV...................      98.3    98.0     99.1      98.7      97.4      99.9     98.9       100.2       99.7     97.8      97.7     98.1     98.6
1992:IV...................     100.9   101.1    100.2     100.7     101.5     100.1    101.4       100.0      100.4    100.2      99.6    101.6    100.9
                                                                                                                                                        
1993:I....................     101.8   101.8    100.5     101.3     102.4     100.5    102.3       100.0       98.8    101.8     101.1    103.5    101.6
      II..................     102.4   102.5    101.1     101.5     103.3     100.8    103.6       100.1       99.4    102.0     101.6    103.1    102.2
      III.................     102.8   102.8    101.5     101.3     103.9     101.0    104.3       100.0       98.4    103.0     102.7    103.9    102.3
      IV..................     103.4   103.5    101.9     101.9     104.7     101.1    104.7        99.8       98.1    103.6     102.9    105.5    102.4
                                                                                                                                                        
1994:I....................     104.1   104.1    102.4     102.0     105.6     101.6    105.7       100.2       97.5    104.4     103.6    106.3    102.9
      II..................     104.6   104.7    103.2     102.4     106.2     102.2    106.2       100.6       98.8    105.4     104.1    108.3    103.2
      III.................     105.2   105.5    103.9     103.3     107.1     102.7    107.4       101.3      100.6    105.5     104.7    107.4    103.8
      IV..................     105.8   106.1    103.9     103.6     107.9     102.7    108.6       101.8      100.9    106.5     105.5    108.7    104.5
                                                                                                                                                        
1995:I....................     106.7   106.7    104.7     103.9     108.8     102.7    109.2       103.2      101.1    108.0     106.9    110.6    105.6
      II..................     107.3   107.5    104.8     104.5     109.7     103.4    109.9       104.5      103.2    108.9     108.1    110.9    106.5
      III.................     107.9   107.8    104.5     104.7     110.3     103.8    110.7       104.6      102.5    109.4     108.3    111.8    107.1
      IV..................     108.4   108.3    104.3     105.0     110.9     103.6    111.3       104.2      101.8    111.3     109.2    116.0    107.7
                                                                                                                                                        
1996:I....................     109.0   108.9    104.3     106.0     111.4     103.4    111.3       104.1      101.7    112.0     110.3    116.0    109.1
      II..................     109.5   109.6    103.6     107.2     112.3     103.1    111.6       103.9      101.8    111.9     110.8    114.4    109.2
      III.................     109.9   110.1    103.1     107.2     113.2     103.3    112.5       103.5      101.2    112.0     110.8    114.8    110.1
      IV r................     110.3   110.7    102.6     108.2     114.0     102.8    113.3       102.8      101.5    112.0     110.5    115.4    110.9
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    Source: Department of Commerce, 
Bureau of Economic Analysis.