[Economic Indicators July, 2003]
[Page Number 4]
[From the U.S. Government Publishing Office, www.gpo.gov]


REAL PERSONAL CONSUMPTION EXPENDITURES

                                            [Billions of chained (1996) dollars, except as noted; quarterly data at seasonally adjusted annual rates]
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                                                                Durable goods                                  Nondurable goods                                  Services                Retail
                                                  ------------------------------------------------------------------------------------------------------------------------------------  sales of
                                           Total                                                                                                                                          new
                                         personal                                                                                                                                      passenger
                 Period                     con-     Total     Motor   Furniture             Total              Clothing   Gaso-     Fuel                                               cars and
                                         sumption   durable  vehicles     and      Other    nondur-     Food       and      line     oil     Other      Total     Housing    Medical     light
                                          expendi-   goods      and    household              able                shoes     and      and            services \1\              care       trucks
                                            tures              parts   equipment             goods                          oil      coal                                              (millions
                                                                                                                                                                                       of units)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1993 ..................................   4,748.9     518.3     242.2     177.4     100.7    1,430.3     745.1     218.5    115.4     14.0   338.5      2,802.5     728.1      775.4        13.9
1994 ..................................   4,928.1     557.7     255.1     196.3     107.6    1,485.1     764.9     231.6    117.4     15.0   356.8      2,886.2     749.1      783.1        15.0
1995 ..................................   5,075.6     583.5     253.4     215.4     115.0    1,529.0     777.0     244.3    120.2     15.7   372.0      2,963.4     763.7      797.7        14.7
1996 ..................................   5,237.5     616.5     256.3     236.9     123.3    1,574.1     786.0     258.6    124.2     15.6   389.8      3,047.0     772.6      814.4        15.0
1997 ..................................   5,423.9     657.3     264.8     261.9     130.8    1,619.9     794.5     271.6    128.1     15.0   410.8      3,147.0     787.2      835.4        15.1
1998 ..................................   5,683.7     726.7     292.0     293.3     141.8    1,686.4     819.4     290.4    131.8     14.3   430.8      3,273.4     808.7      857.7        15.4
1999 ..................................   5,964.5     812.5     322.1     335.1     156.5    1,765.1     846.8     312.1    136.4     14.7   455.7      3,395.4     835.0      875.6        16.8
2000 ..................................   6,223.9     878.9     338.4     374.0     169.6    1,833.8     879.0     329.4    135.7     14.0   477.0      3,524.5     851.3      900.1        17.2
2001 ..................................   6,377.2     931.9     361.9     398.0     175.3    1,869.8     887.0     337.7    138.8     12.6   495.5      3,594.9     866.0      938.3        17.0
2002...................................   6,576.0     999.9     382.4     438.1     185.8    1,929.5     902.3     357.0    145.1     12.7   515.8      3,675.6     880.1      978.6        16.7
 
2000:I ................................   6,151.9     879.5     347.3     366.0     167.8    1,809.7     870.8     322.3    134.4     13.3   469.8      3,477.7     844.7      888.5        18.1
      II ..............................   6,198.2     871.3     333.8     372.2     168.6    1,831.6     880.5     327.9    135.9     14.2   474.1      3,508.2     849.5      896.2        17.1
      III .............................   6,256.8     888.5     343.6     377.1     170.7    1,840.9     880.7     332.3    136.1     14.0   479.2      3,541.7     853.4      903.2        17.4
      IV ..............................   6,288.8     876.5     329.1     380.6     171.3    1,853.1     883.9     335.1    136.3     14.5   484.7      3,570.6     857.5      912.5        16.3
 
2001:I ................................   6,326.0     900.6     345.1     386.0     173.1    1,863.7     889.1     334.3    137.6     13.9   490.0      3,576.3     862.0      921.4        16.9
      II ..............................   6,348.0     912.4     349.5     392.8     174.2    1,862.3     887.4     334.7    136.2     12.3   493.5      3,589.3     865.1      932.7        16.5
      III .............................   6,370.9     922.6     352.8     399.5     175.0    1,868.3     884.3     337.1    139.9     12.2   496.5      3,597.5     867.1      944.3        16.2
      IV ..............................   6,464.0     992.0     400.4     413.6     178.9    1,885.0     887.1     344.8    141.4     12.2   502.0      3,616.6     869.6      954.9        18.4
 
2002:I ................................   6,513.8     975.9     370.0     428.2     184.2    1,921.4     901.4     355.8    145.1     12.4   510.1      3,642.2     874.0      963.4        16.3
      II...............................   6,542.4     980.7     369.1     435.2     184.1    1,920.9     899.2     355.1    144.7     12.1   513.1      3,666.2     878.5      974.7        16.3
      III .............................   6,609.9   1,032.4     407.6     441.4     187.0    1,925.8     897.9     355.3    145.4     12.4   518.0      3,687.0     882.1      984.4        17.6
      IV...............................   6,637.9   1,010.6     382.8     447.5     188.1    1,950.0     910.7     361.8    145.1     14.0   521.9      3,707.0     885.8      992.0        16.5
 
2003:I ................................   6,670.9   1,005.4     374.9     447.8     191.3    1,978.9     929.7     364.0    146.2     13.3   528.9      3,714.9     889.9    1,002.1        15.8
      II p.............................   6,726.0   1,057.9     402.8     464.4     197.8    1,979.2     928.9     368.6    143.4     11.9   531.3      3,729.0     893.8    1,010.2        16.2
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    \1\ Includes other items, not 
shown separately.

    Note.--Because of the formula 
used for calculating real GDP, the 
chained (1996) 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.