[Economic Indicators January, 2007] [Page Number 1] [From the U.S. Government Publishing Office, www.gpo.gov] TOTAL OUTPUT, INCOME, AND SPENDING GROSS DOMESTIC PRODUCT In the fourth quarter of 2006, according to advance estimates, current- dollar gross domestic product (GDP) rose 5.0 percent (annual rate), real GDP (GDP in chained 2000 dollars) rose 3.5 percent, and the implicit price deflator rose 1.5 percent. ____________________________________________________________________________________________________________________________________________ [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 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 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 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 ...................................... 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 ...................................... 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 ...................................... 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 2006 p..................................... 13,253.9 9,270.8 2,218.4 -761.8 1,466.2 2,228.0 2,526.4 926.4 620.8 305.7 1,600.0 13,200.4 14,015.6 ........ 2003:I .................................... 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 .................................. 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 ................................. 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 .................................. 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 .................................... 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 .................................. 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 ................................. 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 .................................. 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 .................................... 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 .................................. 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 ................................. 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 .................................. 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 .................................... 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 .................................. 13,197.3 9,228.1 2,237.1 -781.8 1,448.1 2,229.8 2,513.9 919.7 616.5 303.2 1,594.2 13,135.1 13,979.1 13,220.1 III ................................. 13,322.6 9,346.7 2,235.5 -801.7 1,488.3 2,290.1 2,542.1 927.2 618.1 309.0 1,614.9 13,258.4 14,124.3 13,339.2 IV p................................. 13,487.2 9,429.3 2,186.0 -698.3 1,523.2 2,221.5 2,570.2 937.1 635.0 302.2 1,633.0 13,447.1 14,185.5 ........ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\ GDP less exports of goods and services plus imports of goods and services. Source: Department of Commerce, Bureau of Economic Analysis.