[Economic Indicators July, 1998]
[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 
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1990.....................     93.60    92.91    96.59     94.62     91.22     98.41     97.80      98.74     100.37    92.93     92.93    92.84    94.91
1991.....................     97.32    96.82    98.54     98.06     95.78     99.92     98.85     100.31     100.02    96.88     96.47    97.94    97.86
1992.....................    100.00   100.00   100.00    100.00    100.00    100.00    100.00     100.00     100.00   100.00    100.00   100.00   100.00
1993.....................    102.64   102.66   101.22    101.46    103.62    100.65    103.71     100.07      98.75   102.50    101.76   104.29   102.49
1994.....................    105.09   105.15   103.27    102.77    106.85    101.89    107.11     101.23      99.39   104.85    103.64   107.70   104.85
1995 r...................    107.51   107.56   103.72    103.95    110.37    102.40    110.90     103.39     101.61   108.17    106.47   112.13   108.09
1996 r...................    109.53   109.75   102.75    106.08    113.32    101.46    113.02     101.60      99.36   111.34    109.98   114.57   110.48
1997 r...................    111.57   111.81   100.66    107.69    116.61    100.15    115.96      99.53      95.72   113.58    112.00   117.27   112.96
                                                                                                                                                        
1994:III.................    105.39   105.61   103.84    103.32    107.24    102.19    107.46     101.45     100.33   104.83    103.68   107.56   105.20
      IV.................    106.09   106.31   103.94    103.65    108.27    102.17    108.84     102.19     100.71   105.53    104.26   108.53   105.89
                                                                                                                                                        
1995:I r.................    106.75   106.74   104.03    103.49    109.11    102.17    110.20     103.12     101.03   107.03    105.41   110.82   106.97
      II r...............    107.24   107.35   103.86    103.88    110.02    102.53    110.67     103.80     102.55   107.44    106.00   110.82   107.97
      III r..............    107.75   107.85   103.63    104.11    110.82    102.50    111.09     103.57     101.84   108.06    106.68   111.32   108.49
      IV r...............    108.29   108.29   103.39    104.34    111.52    102.38    111.64     103.07     100.99   110.24    107.85   115.72   108.89
                                                                                                                                                        
1996:I r.................    108.91   108.87   103.49    105.12    112.10    101.91    111.94     102.76     100.35   111.57    109.91   115.44   110.04
      II r...............    109.24   109.53   102.83    106.03    112.94    101.36    112.39     102.07      99.79   110.67    109.41   113.67   109.87
      III r..............    109.74   109.94   102.56    106.11    113.70    101.38    113.60     101.36      98.68   111.15    109.85   114.24   110.61
      IV r...............    110.23   110.63   102.13    107.04    114.52    101.21    114.14     100.35      98.69   112.00    110.77   114.94   111.38
                                                                                                                                                        
1997:I r.................    111.00   111.31   101.92    107.56    115.50    100.77    114.79     100.09      97.39   113.29    111.85   116.70   112.28
      II r...............    111.43   111.62   100.94    107.52    116.29    100.28    115.34      99.74      95.68   113.57    112.02   117.22   112.67
      III r..............    111.76   111.99   100.23    107.72    117.03    100.02    116.49      99.35      95.21   113.52    111.90   117.32   113.06
      IV r...............    112.08   112.29    99.63    107.96    117.58     99.61    117.19      98.97      94.73   113.93    112.25   117.85   113.82
                                                                                                                                                        
1998:I r.................    112.32   112.29    99.28    107.36    117.99     98.86    117.20      98.13      92.16   114.67    113.05   118.46   113.88
      II p...............    112.56   112.57    98.73    107.42    118.59     98.04    117.43      97.66      91.10   114.66    113.09   118.36   114.17
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    Note.--See Note, p. 1.
    Source: Department of Commerce, 
Bureau of Economic Analysis.