[Economic Indicators July, 2002]
[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 2002, according to advance estimates, current-
dollar gross domestic product (GDP) rose 2.2 percent (annual rate), real
GDP (GDP in chained 1996 dollars) rose 1.1 percent, and the implicit
price deflator rose 1.2 percent. (Series revised.)
______________________________________________________________________
______________________________________________________________________
[Billions of current dollars; quarterly data at seasonally adjusted annual rates]
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 r.................................... 9,274.3 6,246.5 1,636.7 -249.9 989.3 1,239.2 1,641.0 565.0 364.3 200.7 1,076.0 9,214.8 9,524.2 9,297.1
2000 r.................................... 9,824.6 6,683.7 1,755.4 -365.5 1,101.1 1,466.6 1,751.0 589.2 374.9 214.3 1,161.8 9,761.1 10,190.1 9,848.0
2001 r.................................... 10,082.2 6,987.0 1,586.0 -348.9 1,034.1 1,383.0 1,858.0 628.1 399.9 228.2 1,229.9 10,142.5 10,431.0 10,104.1
1999:I r.................................. 9,092.7 6,076.6 1,618.0 -196.4 959.2 1,155.6 1,594.6 550.0 354.0 196.0 1,044.5 9,018.0 9,289.1 9,112.7
II r................................ 9,171.7 6,195.6 1,597.8 -241.8 970.2 1,212.0 1,620.1 556.1 355.1 201.0 1,064.0 9,144.0 9,413.5 9,195.9
III r............................... 9,316.5 6,299.4 1,637.9 -274.6 996.8 1,271.4 1,653.9 569.0 368.7 200.3 1,084.8 9,269.7 9,591.2 9,333.6
IV r................................ 9,516.4 6,414.5 1,693.2 -286.7 1,031.2 1,317.9 1,695.4 584.9 379.5 205.5 1,110.5 9,427.5 9,803.1 9,546.0
2000:I r.................................. 9,649.5 6,552.2 1,711.4 -330.6 1,055.9 1,386.5 1,716.5 575.7 365.5 210.2 1,140.8 9,602.6 9,980.1 9,670.5
II r............................... 9,820.7 6,638.7 1,786.3 -353.2 1,098.0 1,451.1 1,748.8 598.5 379.1 219.4 1,150.3 9,731.5 10,173.9 9,846.4
III r............................... 9,874.8 6,736.1 1,766.4 -384.9 1,130.9 1,515.8 1,757.2 589.7 375.0 214.7 1,167.4 9,813.6 10,259.7 9,892.5
IV r................................ 9,953.6 6,808.0 1,757.4 -393.2 1,119.8 1,513.0 1,781.4 592.9 380.0 213.0 1,188.5 9,896.6 10,346.8 9,982.8
2001:I r.................................. 10,028.1 6,904.7 1,671.1 -372.7 1,100.0 1,472.8 1,825.0 613.3 391.4 221.9 1,211.7 10,055.3 10,400.8 10,038.0
II r................................ 10,049.9 6,959.8 1,597.2 -365.7 1,059.7 1,425.3 1,858.5 624.8 395.2 229.6 1,233.7 10,107.0 10,415.5 10,081.0
III r............................... 10,097.7 6,983.7 1,574.9 -312.6 1,005.8 1,318.4 1,851.7 627.4 400.3 227.2 1,224.3 10,158.3 10,410.4 10,109.3
IV r................................ 10,152.9 7,099.9 1,500.7 -344.5 971.1 1,315.6 1,896.8 646.9 412.8 234.1 1,249.8 10,249.4 10,497.4 10,188.1
2002:I r.................................. 10,313.1 7,174.2 1,559.4 -360.1 977.5 1,337.5 1,939.5 672.0 431.7 240.3 1,267.5 10,343.0 10,673.1 10,314.9
II p................................ 10,369.9 7,253.2 1,588.8 -432.7 1,011.3 1,444.1 1,960.6 687.3 441.9 245.4 1,273.3 10,370.8 10,802.7 .........
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
\1\ GDP less exports of goods
and services plus imports of goods
and services.
Note.--GDP and related data
reflect annual revisions released
July 31, 2002; data revised
beginning 1999. For details, see
August 2002 Survey of Current
Business.
Source: Department of Commerce,
Bureau of Economic Analysis.