[Economic Indicators May, 2002]
[Page Number 1]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
TOTAL OUTPUT, INCOME, AND SPENDING

GROSS DOMESTIC PRODUCT

In the first quarter of 2002, according to revised estimates, current-
dollar gross domestic product (GDP) rose 6.6 percent (annual rate), real 
GDP (GDP in chained 1996 dollars) rose 5.6 percent, and the implicit 
price deflator rose 1.0 percent.
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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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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 .....................................   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 .....................................   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 .....................................   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
2001 .....................................  10,208.1   7,064.5    1,633.9     -329.8   1,050.4   1,380.1   1,839.5     615.7     399.0     216.6   1,223.8   10,266.6     10,537.9      10,202.8
 
1998:III .................................   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 .................................   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 ...................................   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 .................................   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 ................................   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 .................................   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 ...................................   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 .................................   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 ................................   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 .................................  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 ...................................  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 .................................  10,202.6   7,044.6    1,669.9     -347.4   1,079.6   1,427.0   1,835.4     609.9     396.1     213.8   1,225.5   10,239.1     10,549.9      10,190.9
      III ................................  10,224.9   7,057.6    1,624.8     -294.4   1,020.6   1,315.0   1,836.9     615.7     399.6     216.1   1,221.2   10,282.7     10,519.3      10,213.8
      IV .................................  10,263.3   7,178.2    1,518.2     -313.5     983.8   1,297.3   1,880.4     631.7     407.5     224.2   1,248.7   10,377.2     10,576.8      10,275.3
 
2002:I r..................................  10,428.8   7,248.0    1,592.4     -337.6     995.1   1,332.7   1,926.0     660.2     432.5     227.7   1,265.8   10,453.4     10,766.4      10,403.7
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    \1\ GDP less exports of goods 
and services plus imports of goods 
and services.

    Source: Department of Commerce, 
Bureau of Economic Analysis.