[Economic Indicators July, 2001]
[Page Number 1]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
TOTAL OUTPUT, INCOME, AND SPENDING

GROSS DOMESTIC PRODUCT

In the second quarter of 2001, according to advance estimates, current-
dollar gross domestic product (GDP) rose 3.0 percent (annual rate), real 
GDP (GDP in chained 1996 dollars) rose 0.7 percent, and the implicit 
price deflator rose 2.3 percent. (Series revised.)
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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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1991......................................   5,986.2   3,971.2      800.2      -20.7     601.6     622.3   1,235.5     527.4     384.5     142.9     708.1    5,986.4      6,006.9       6,010.9
1992......................................   6,318.9   4,209.7      866.6      -27.9     636.8     664.6   1,270.5     534.5     378.5     156.0     736.0    6,303.9      6,346.8       6,342.3
1993......................................   6,642.3   4,454.7      955.1      -60.5     658.0     718.5   1,293.0     527.3     364.9     162.4     765.7    6,621.2      6,702.8       6,666.7
1994......................................   7,054.3   4,716.4    1,097.1      -87.1     725.1     812.1   1,327.9     521.1     355.1     165.9     806.8    6,991.8      7,141.4       7,071.1
1995......................................   7,400.5   4,969.0    1,143.8      -84.3     818.6     902.8   1,372.0     521.5     350.6     170.9     850.5    7,367.5      7,484.8       7,420.9
1996......................................   7,813.2   5,237.5    1,242.7      -89.0     874.2     963.1   1,421.9     531.6     357.0     174.6     890.4    7,783.2      7,902.1       7,831.2
1997......................................   8,318.4   5,529.3    1,390.5      -89.3     966.4   1,055.8   1,487.9     538.2     352.6     185.6     949.7    8,255.5      8,407.7       8,325.4
1998 r....................................   8,781.5   5,856.0    1,538.7     -151.7     964.9   1,116.7   1,538.5     539.2     349.1     190.1     999.3    8,708.4      8,933.3       8,778.1
1999 r....................................   9,268.6   6,250.2    1,636.7     -250.9     989.8   1,240.6   1,632.5     564.0     364.5     199.5   1,068.5    9,210.0      9,519.5       9,261.8
2000 r....................................   9,872.9   6,728.4    1,767.5     -364.0   1,102.9   1,466.9   1,741.0     590.2     375.4     214.8   1,150.8    9,823.6     10,236.9       9,860.8
 
1998:I r..................................   8,627.8   5,719.9    1,528.7     -122.6     974,1   1,096.7   1,501.8     526.1     338.4     187.7     975.8    8,521.1      8,750.4       8,634.5
      II r................................   8,697.3   5,820.0    1,498.4     -154.9     959.2   1,114.1   1,533.8     542.9     348.8     194.2     990.9    8,656.4      8,852.2       8,700.3
      III r...............................   8,816.5   5,895.1    1,538.6     -165.3     946.7   1,112.0   1,548.1     539.5     354.7     184.8   1,008.6    8,747.0      8,981.8       8,802.1
      IV r................................   8,984.5   5,989.1    1,589.3     -164.1     979.7   1,143.8   1,570.3     548.4     354.7     193.7   1,021.9    8,909.1      9,148.6       8,975.4
 
1999:I r..................................   9,093.1   6,080.7    1,621.3     -199.7     960.2   1,160.0   1,590.9     549.8     356.1     193.6   1,041.1    9,012.9      9,292.9       9,089.5
      II r................................   9,161.4   6,197.1    1,595.7     -241.1     971.3   1,212.4   1,609.6     553.1     354.2     198.9   1,056.5    9,131.3      9,402.5       9,157.0
      III r...............................   9,297.4   6,298.4    1,631.7     -273.9     996.6   1,270.5   1,641.2     565.6     366.7     199.0   1,075.6    9,258.4      9,571.4       9,283.8
      IV r................................   9,522.5   6,424.7    1,698.1     -288.7   1,031.0   1,319.7   1,688.3     587.6     381.1     206.5   1,100.7    9,437.6      9,811.2       9,517.0
 
2000:I r..................................   9,668.7   6,581.9    1,709.0     -333.9   1,059.7   1,393.6   1,711.8     578.5     366.6     211.9   1,133.2    9,637.8     10,002.6       9,650.7
      II r................................   9,857.6   6,674.9    1,792.4     -350.8   1,099.7   1,450.4   1,741.1     601.0     380.4     220.6   1,140.1    9,782.2     10,208.4       9,841.0
      III r...............................   9,937.5   6,785.5    1,788.4     -380.6   1,131.1   1,511.8   1,744.2     587.0     372.1     214.9   1,157.2    9,884.9     10,318.1       9,919.4
      IV r................................  10,027.9   6,871.4    1,780.3     -390.6   1,121.0   1,511.6   1,766.8     594.2     382.4     211.8   1,172.6    9,989.2     10,418.5      10,032.1
 
2001:I r..................................  10,141.7   6,977.6    1,722.8     -363.8   1,117.4   1,481.2   1,805.2     605.3     392.9     212.4   1,199.8   10,167.2     10,505.6      10,131.3
      II p................................  10,217.6   7,044.9    1,684.4     -349.1   1,087.2   1,436.3   1,837.4     609.8     395.8     214.0   1,227.6   10,243.5     10,566.7     .........
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    \1\ GDP less exports of goods 
and services plus imports of goods 
and services.

    Note.--GDP and related data 
beginning 1998 reflect annual 
revisions released on July 27, 2001. 
The revised data also reflect 
several changes in methodology. For 
details, see August 2001 Survey of 
Current Business.

    Source: Department of Commerce, 
Bureau of Economic Analysis.