[Economic Indicators July, 2006]
[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 2006, according to advance estimates, current-
dollar gross domestic product (GDP) rose 5.8 percent (annual rate), real 
GDP (GDP in chained 2000 dollars) rose 2.5 percent, and the implicit 
price deflator rose 3.3 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                                                Adden-
                                               Gross      con-      Gross   ---------------------------------------------------------------------------------   Final        Gross        dum:
                   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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1996 ......................................   7,816.9   5,256.8    1,240.3      -96.2     868.6     964.8   1,416.0     527.4     354.6     172.8     888.6    7,786.1      7,913.1      7,851.9
1997 ......................................   8,304.3   5,547.4    1,389.8     -101.6     955.3   1,056.9   1,468.7     530.9     349.6     181.3     937.8    8,232.3      8,405.9      8,337.3
1998 ......................................   8,747.0   5,879.5    1,509.1     -159.9     955.9   1,115.9   1,518.3     530.4     345.7     184.7     987.9    8,676.2      8,906.9      8,768.3
1999 ......................................   9,268.4   6,282.5    1,625.7     -260.5     991.2   1,251.7   1,620.8     555.8     360.6     195.2   1,065.0    9,201.5      9,528.9      9,302.2
2000 ......................................   9,817.0   6,739.4    1,735.5     -379.5   1,096.3   1,475.8   1,721.6     578.8     370.3     208.5   1,142.8    9,760.5     10,196.4      9,855.9
2001 ......................................  10,128.0   7,055.0    1,614.3     -367.0   1,032.8   1,399.8   1,825.6     612.9     392.6     220.3   1,212.8   10,159.7     10,495.0     10,171.6
2002 ......................................  10,469.6   7,350.7    1,582.1     -424.4   1,005.9   1,430.3   1,961.1     679.7     437.1     242.5   1,281.5   10,457.7     10,894.0     10,500.2
2003 r.....................................  10,960.8   7,703.6    1,664.1     -499.4   1,040.8   1,540.2   2,092.5     756.4     497.2     259.2   1,336.0   10,946.5     11,460.2     11,017.6
2004 r.....................................  11,712.5   8,211.5    1,888.0     -613.2   1,178.1   1,791.4   2,226.2     825.9     551.2     274.7   1,400.3   11,655.1     12,325.7     11,758.7
2005 r.....................................  12,455.8   8,742.4    2,057.4     -716.7   1,303.1   2,019.9   2,372.8     878.3     589.3     289.0   1,494.4   12,434.6     13,172.5     12,487.7
 
2003:I r...................................  10,705.6   7,548.1    1,606.4     -499.3   1,012.4   1,511.7   2,050.3     725.9     467.4     258.5   1,324.4   10,682.6     11,204.8     10,744.9
      II r.................................  10,831.8   7,628.4    1,617.1     -501.3   1,010.8   1,512.1   2,087.7     762.2     506.9     255.3   1,325.5   10,835.4     11,333.1     10,888.4
      III r................................  11,086.1   7,782.6    1,690.5     -495.2   1,040.7   1,535.9   2,108.2     764.8     501.5     263.3   1,343.3   11,074.3     11,581.3     11,139.8
      IV r.................................  11,219.5   7,855.3    1,742.3     -501.8   1,099.1   1,600.9   2,123.7     772.8     513.1     259.7   1,350.9   11,193.6     11,721.3     11,297.3
 
2004:I r...................................  11,430.9   8,018.0    1,781.9     -543.4   1,135.1   1,678.5   2,174.4     808.2     537.7     270.5   1,366.3   11,392.9     11,974.4     11,501.5
      II r.................................  11,649.3   8,148.1    1,892.2     -606.2   1,166.3   1,772.5   2,215.1     823.8     548.1     275.7   1,391.4   11,569.9     12,255.4     11,689.7
      III r................................  11,799.4   8,265.0    1,917.7     -630.7   1,185.3   1,815.9   2,247.3     838.4     564.1     274.3   1,409.0   11,744.6     12,430.1     11,845.3
      IV r.................................  11,970.3   8,414.8    1,960.2     -672.7   1,225.8   1,898.5   2,268.0     833.2     555.1     278.1   1,434.8   11,913.0     12,643.0     11,998.5
 
2005:I r...................................  12,173.2   8,519.7    2,013.5     -676.2   1,254.0   1,930.2   2,316.2     862.9     576.8     286.0   1,453.3   12,113.8     12,849.4     12,207.5
      II r.................................  12,346.1   8,674.6    2,009.1     -686.4   1,293.8   1,980.2   2,348.9     868.4     584.3     284.1   1,480.5   12,353.7     13,032.6     12,374.6
      III r................................  12,573.5   8,847.3    2,052.6     -728.8   1,312.4   2,041.2   2,402.4     895.8     605.0     290.7   1,506.6   12,588.8     13,302.3     12,625.7
      IV r.................................  12,730.5   8,927.8    2,154.5     -775.4   1,352.4   2,127.8   2,423.6     886.2     590.9     295.3   1,537.4   12,681.9     13,505.9     12,743.0
 
2006:I r...................................  13,008.4   9,079.2    2,214.8     -765.2   1,405.4   2,170.6   2,479.6     921.7     613.5     308.2   1,557.9   12,961.2     13,773.6     13,037.4
      II p.................................  13,193.9   9,228.3    2,237.5     -783.1   1,437.4   2,220.6   2,511.3     921.8     617.5     304.2   1,589.5   13,134.2     13,977.0     ........
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    \1\ GDP less exports of goods 
and services plus imports of goods 
and services.

    Note.--GDP and related data 
reflect annual revisions released on 
July 28, 2006; data revised 
beginning 2003. See Survey of 
Current Business, August 2006, for 
details.

    Source: Department of Commerce, 
Bureau of Economic Analysis.