[Economic Indicators April, 2008] [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 2008, according to advance estimates, current- dollar gross domestic product (GDP) rose 3.2 percent (annual rate), real GDP (GDP in chained 2000 dollars) rose 0.6 percent, and the implicit price deflator rose 2.6 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 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 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 ...................................... 11,685.9 8,195.9 1,888.6 -615.4 1,182.4 1,797.8 2,216.8 825.6 550.7 274.9 1,391.2 11,627.3 12,301.3 11,762.1 2005 ...................................... 12,433.9 8,707.8 2,077.2 -714.6 1,309.4 2,023.9 2,363.4 878.4 588.7 289.8 1,485.0 12,397.0 13,148.5 12,502.4 2006 ...................................... 13,194.7 9,224.5 2,209.2 -762.0 1,467.6 2,229.6 2,523.0 932.5 624.3 308.2 1,590.5 13,148.0 13,956.7 13,252.7 2007 ...................................... 13,841.3 9,734.2 2,125.4 -708.0 1,643.0 2,351.0 2,689.8 976.0 660.1 315.9 1,713.8 13,838.4 14,549.3 13,937.1 2004:III .................................. 11,779.4 8,245.1 1,929.7 -632.6 1,187.3 1,820.0 2,237.3 839.4 564.9 274.5 1,397.9 11,714.4 12,412.0 11,862.3 IV .................................. 11,948.5 8,393.3 1,979.5 -682.6 1,228.6 1,911.2 2,258.2 835.0 555.0 280.0 1,423.2 11,885.0 12,631.1 12,001.1 2005:I .................................... 12,154.0 8,488.8 2,029.6 -671.1 1,260.8 1,931.9 2,306.7 864.0 577.7 286.2 1,442.7 12,084.7 12,825.1 12,224.0 II .................................. 12,317.4 8,632.6 2,024.7 -679.8 1,301.2 1,981.0 2,339.8 870.4 585.0 285.4 1,469.5 12,305.2 12,997.2 12,385.1 III ................................. 12,558.8 8,810.5 2,078.5 -725.0 1,316.0 2,041.0 2,394.8 896.0 604.3 291.7 1,498.7 12,553.1 13,283.8 12,645.7 IV .................................. 12,705.5 8,899.3 2,176.0 -782.4 1,359.6 2,141.9 2,412.5 883.4 587.7 295.7 1,529.0 12,645.0 13,487.8 12,755.0 2006:I .................................... 12,964.6 9,034.7 2,221.1 -763.3 1,406.6 2,169.9 2,472.1 921.5 610.8 310.7 1,550.6 12,920.3 13,727.9 13,027.5 II .................................. 13,155.0 9,183.9 2,239.0 -780.4 1,447.4 2,227.8 2,512.5 926.9 620.6 306.3 1,585.7 13,095.5 13,935.4 13,218.9 III ................................. 13,266.9 9,305.7 2,224.1 -799.1 1,484.5 2,283.6 2,536.1 932.0 620.7 311.3 1,604.1 13,204.1 14,065.9 13,311.9 IV .................................. 13,392.3 9,373.7 2,152.4 -705.3 1,531.9 2,237.2 2,571.4 949.7 645.2 304.5 1,621.7 13,372.3 14,097.6 13,452.4 2007:I .................................... 13,551.9 9,540.5 2,117.3 -714.2 1,549.9 2,264.0 2,608.3 946.6 634.8 311.7 1,661.7 13,553.5 14,266.1 13,615.1 II .................................. 13,768.8 9,674.0 2,139.1 -714.2 1,598.7 2,312.9 2,670.0 969.5 654.5 315.0 1,700.5 13,763.6 14,483.0 13,839.4 III ................................. 13,970.5 9,785.7 2,162.9 -694.7 1,685.7 2,380.4 2,716.5 990.3 673.5 316.8 1,726.2 13,935.0 14,665.1 14,071.6 IV .................................. 14,074.2 9,936.6 2,082.1 -708.9 1,737.7 2,446.6 2,764.4 997.7 677.7 320.0 1,766.7 14,101.6 14,783.1 14,222.1 2008:I p................................... 14,185.2 10,046.9 2,050.8 -737.3 1,799.2 2,536.5 2,824.7 1,023.8 697.3 326.5 1,801.0 14,187.0 14,922.5 ........ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\ GDP less exports of goods and services plus imports of goods and services. Source: Department of Commerce, Bureau of Economic Analysis.