[Economic Indicators May, 1998]
[Page Number 4]
[From the U.S. Government Publishing Office, www.gpo.gov]


REAL PERSONAL CONSUMPTION EXPENDITURES

                                            [Billions of chained (1992) dollars, except as noted; quarterly data at seasonally adjusted annual rates]                                           
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                                                                  Durable goods                                  Nondurable goods                                 Services               Retail 
                                                     ---------------------------------------------------------------------------------------------------------------------------------  sales of
                                              Total                                                                                                                                       new   
                                            personal                                                                                                                                   passenger
                  Period                       con-    Total     Motor   Furniture             Total             Clothing             Fuel                                              cars and
                                            sumption  durable  vehicles     and      Other    nondura-    Food      and    Gasoline    oil    Other       Total     Housing   Medical    light  
                                             expendi-  goods      and    household              ble                shoes    and oil    and            services \1\             care      trucks 
                                               tures             parts   equipment             goods                                  coal                                             (millions
                                                                                                                                                                                       of units)
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1991 .....................................   4,105.8    462.0     193.2     177.0      91.8    1,302.9    659.6     215.9     103.4    10.8    313.2     2,341.0      635.2    621.6        12.3
1992 .....................................   4,219.8    488.5     206.9     189.4      92.3    1,321.8    660.0     225.5     106.6    10.9    318.8     2,409.4      646.8    646.6        12.8
1993......................................   4,343.6    523.8     218.9     207.8      97.2    1,351.0    675.3     234.2     108.7    10.7    322.1     2,468.9      654.7    655.3        13.9
1994......................................   4,486.0    561.2     230.0     229.4     102.3    1,389.9    687.9     247.1     109.8    10.7    334.3     2,535.5      674.3    662.1        15.0
1995......................................   4,595.3    583.6     229.5     248.4     107.2    1,412.6    690.5     257.5     113.1    10.5    341.3     2,599.6      688.2    674.9        14.7
1996......................................   4,714.1    611.1     231.3     269.5     113.3    1,432.3    689.7     267.7     114.1    10.6    351.2     2,671.0      700.2    688.1        15.0
1997 .....................................   4,867.5    645.5     233.1     296.4     121.4    1,458.5    689.7     278.0     116.0    10.0    366.7     2,764.1      713.8    711.1        15.0
                                                                                                                                                                                                
1994:I....................................   4,439.4    550.7     231.6     219.1     100.0    1,378.4    684.3     243.1     109.2    11.9    329.9     2,510.9      666.8    658.1        14.9
      II..................................   4,472.2    555.8     228.4     226.1     101.6    1,385.5    689.8     242.7     109.6    10.2    333.0     2,531.4      672.2    661.1        14.9
      III.................................   4,498.2    561.7     227.3     232.2     102.9    1,393.2    687.9     248.1     109.9    10.7    336.7     2,543.8      677.0    663.2        14.9
      IV..................................   4,534.1    576.6     232.6     240.3     104.5    1,402.5    689.5     254.7     110.7    10.2    337.8     2,555.9      681.1    666.0        15.3
                                                                                                                                                                                                
1995:I....................................   4,551.3    572.2     226.2     241.4     105.9    1,408.4    690.8     255.3     112.7    10.0    339.9     2,571.2      683.7    669.5        14.7
      II..................................   4,583.5    577.7     227.5     244.6     107.0    1,411.6    690.2     257.0     113.2    10.6    341.0     2,594.5      686.7    672.9        14.4
      III.................................   4,612.9    590.8     232.9     251.5     107.9    1,413.9    690.6     259.1     113.0    10.4    341.5     2,608.7      689.7    677.0        14.9
      IV..................................   4,633.5    593.7     231.6     256.2     107.9    1,416.3    690.6     258.7     113.6    11.1    342.9     2,623.8      692.8    680.4        15.0
                                                                                                                                                                                                
1996:I....................................   4,669.4    600.7     233.4     259.2     110.2    1,422.5    692.4     261.6     112.9    11.1    345.1     2,646.5      695.6    679.4        15.0
      II..................................   4,712.2    614.8     234.2     269.9     113.4    1,431.6    690.3     268.4     114.5    10.4    349.1     2,666.5      698.7    686.2        15.1
      III.................................   4,718.2    611.9     229.7     272.3     113.2    1,433.9    687.3     270.8     114.1    10.6    352.5     2,672.8      701.7    689.8        15.1
      IV..................................   4,756.4    617.1     228.0     276.8     116.3    1,441.2    689.0     270.0     114.8    10.3    358.3     2,698.2      704.8    697.1        14.9
                                                                                                                                                                                                
1997:I....................................   4,818.1    637.8     233.4     287.4     121.4    1,457.8    694.6     277.1     114.7     9.4    363.7     2,723.9      708.3    704.4        15.3
      II..................................   4,829.4    629.0     223.1     292.3     119.7    1,450.0    688.2     273.8     116.1    10.1    363.4     2,749.8      712.0    708.8        14.5
      III.................................   4,896.2    656.1     238.7     301.1     121.7    1,465.5    689.5     281.3     116.2    10.4    370.0     2,776.1      715.6    714.2        15.3
      IV .................................   4,926.1    659.3     237.3     304.9     123.1    1,460.9    686.6     279.6     117.0     9.9    369.8     2,806.4      719.3    716.9        15.0
                                                                                                                                                                                                
1998: I r.................................   4,999.5    684.1     241.9     324.5     125.5    1,484.2    690.7     291.6     118.1     9.1    377.6     2,834.0      723.4    722.0        15.1
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    \1\ Includes other items, not 
shown separately.

    Note.--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 intermediate aggregates.
    Source: Department of Commerce, 
Bureau of Economic Analysis.