[Economic Indicators December, 1998]
[Page Number 2]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
                      REAL GROSS DOMESTIC PRODUCT

                                                                        [Billions of chained (1992) dollars; quarterly data at seasonally adjusted annual rates]
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                                                                                              Gross private  domestic         Exports and imports of      Government consumption expenditures  and
                                                                                                     investment                 goods and services                    gross investment
                                                                                        ------------------------------------------------------------------------------------------------------------   Final                   Addendum:
                                                                   Gross   Personal con- Nonresi-                                                                         Federal                     sales of      Gross        Gross
                             Period                              domestic     sumption    dential     Resi-     Change in                                       ---------------------------  State    domestic     domestic     national
                                                                  product  expenditures    fixed     dential     business      Net    Exports  Imports   Total                                and     product   purchases \1\   product
                                                                                          invest-     fixed    inventories   exports                              Total  National    Non-    local
                                                                                           ment    investment                                                             defense  defense
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1990...........................................................   6,136.3     4,132.2      585.2       220.6        10.4       -61.9    564.4    626.3  1,250.4   541.9     401.5    140.5   708.6    6,126.7      6,199.8       6,157.0
1991...........................................................   6,079.4     4,105.8      547.7       193.4        -3.0       -22.3    599.9    622.2  1,258.0   539.4     397.5    142.0   718.7    6,082.6      6,101.6       6,094.9
1992...........................................................   6,244.4     4,219.8      557.9       225.6         7.0       -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...........................................................   6,389.6     4,343.6      600.2       242.6        22.1       -70.2    658.2    728.4  1,252.1   505.7     354.4    151.2   746.4    6,368.9      6,459.0       6,408.0
1994...........................................................   6,610.7     4,486.0      648.4       267.0        60.6      -104.6    712.4    817.0  1,252.3   486.6     336.9    149.5   765.7    6,551.2      6,712.7       6,619.1
1995 ..........................................................   6,761.7     4,605.6      710.6       256.8        27.7       -96.5    792.6    889.0  1,254.5   470.6     323.5    146.9   783.9    6,731.7      6,855.0       6,779.5
1996 ..........................................................   6,994.8     4,752.4      776.6       275.9        30.0      -111.2    860.0    971.2  1,268.2   465.6     319.1    146.2   802.7    6,961.6      7,101.1       7,008.4
1997 ..........................................................   7,269.8     4,913.5      859.4       282.8        63.2      -136.1    970.0  1,106.1  1,285.0   458.0     308.9    148.6   827.1    7,203.7      7,396.5       7,266.2
 
1994:III.......................................................   6,629.5     4,498.2      653.2       269.4        49.7      -111.1    722.1    833.2  1,268.1   496.4     347.0    149.4   771.7    6,580.4      6,737.5       6,635.6
      IV.......................................................   6,688.6     4,534.1      672.9       265.9        63.6      -105.9    747.3    853.2  1,255.8   481.7     329.6    151.7   774.1    6,624.8      6,791.3       6,691.2
 
1995:I ........................................................   6,717.5     4,555.3      698.4       259.9        54.3      -109.5    763.9    873.4  1,256.2   478.6     328.3    150.0   777.6    6,661.8      6,823.3       6,735.9
      II ......................................................   6,724.2     4,593.6      710.2       249.5        21.7      -114.7    774.0    888.7  1,259.9   476.2     328.4    147.6   783.7    6,700.0      6,834.6       6,746.3
      III .....................................................   6,779.5     4,623.4      711.7       255.6        14.7       -86.8    806.3    893.1  1,257.6   473.1     323.9    148.8   784.5    6,761.7      6,863.5       6,788.9
      IV ......................................................   6,825.8     4,650.0      722.3       262.1        20.1       -74.8    826.1    900.9  1,244.5   454.6     313.3    141.1   790.0    6,803.3      6,898.4       6,846.8
 
1996:I ........................................................   6,882.0     4,692.1      744.8       268.0        14.4       -95.5    833.6    929.1  1,254.5   463.5     318.7    144.5   791.0    6,863.6      6,974.0       6,902.1
      II ......................................................   6,983.9     4,746.6      764.4       280.2        26.1      -113.5    845.5    958.9  1,276.2   472.6     325.0    147.3   803.6    6,954.7      7,092.8       6,999.0
      III .....................................................   7,020.0     4,768.3      790.1       279.0        47.5      -140.1    849.9    990.0  1,271.1   467.0     319.8    146.8   804.2    6,970.3      7,152.6       7,027.1
      IV ......................................................   7,093.1     4,802.6      807.0       276.3        32.1       -95.9    911.1  1,007.0  1,271.2   459.5     313.0    146.1   811.8    7,057.9      7,185.2       7,105.3
 
1997:I ........................................................   7,166.7     4,853.4      820.9       278.4        56.3      -121.5    929.4  1,050.9  1,277.7   456.3     305.0    150.7   821.5    7,108.1      7,281.3       7,167.8
      II ......................................................   7,236.5     4,872.7      848.2       282.5        79.0      -131.6    963.6  1,095.2  1,284.4   460.4     311.7    148.2   824.2    7,155.5      7,359.4       7,239.3
      III .....................................................   7,311.2     4,947.0      882.2       282.3        51.0      -142.4    988.1  1,130.5  1,288.9   458.9     310.2    148.2   830.1    7,256.3      7,443.1       7,307.0
      IV ......................................................   7,364.6     4,981.0      886.2       287.9        66.5      -149.0    998.8  1,147.8  1,289.2   456.5     308.7    147.3   832.9    7,294.8      7,502.1       7,350.7
 
1998:I ........................................................   7,464.7     5,055.1      931.9       298.5        91.4      -198.5    991.9  1,190.4  1,283.0   446.1     293.3    151.9   837.1    7,372.5      7,644.9       7,455.2
      II ......................................................   7,498.6     5,130.2      960.4       309.1        38.2      -245.2    972.1  1,217.3  1,294.8   454.1     300.3    152.9   840.9    7,456.4      7,718.6       7,485.9
      III r....................................................   7,566.5     5,181.8      958.7       316.5        55.7      -259.0    965.3  1,224.3  1,299.6   452.5     303.5    148.4   847.3    7,507.6      7,798.8       7,546.7
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    \1\ GDP less exports of goods 
and services plus imports of goods 
and services.

    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.