[Economic Report of the President (1997)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]

[DOCID: f:erp_b3._]
Economic Report of the President - - - - - - - - - - - - H. Doc. 105-002
[From the online service of the U.S. Government Printing Office]
[wais.access.gpo.gov]



Table B-3.--Chain-type price indexes for gross domestic product, 1959-96
[Index numbers, 1992=100, except as noted; quarterly data seasonally adjusted]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Personal consumption expenditures             Gross private domestic investment
------------------------------------------------------------------------------------------
Fixed investment
--------------------------------------------
Nonresidential
Gross                                                         ---------------------------
Year or  quarter                   domestic                      Non-                                                   Pro-
product   Total   Durable  durable  Services   Total                              ducers'   Resi-
goods    goods                       Total             Struc-           dential
Total    tures   durable
equip-
ment
--------------------------------------------------------------------------------------------------------------------------------------------------------
1959...............................................      23.0     22.8     41.4     24.5      18.5     29.6     27.9     31.5     21.2     39.7     21.4

1960...............................................      23.3     23.2     41.2     24.8      19.0     29.7     28.1     31.6     21.1     40.0     21.6
1961...............................................      23.6     23.4     41.3     25.0      19.3     29.7     28.0     31.5     21.0     39.9     21.6
1962...............................................      23.9     23.7     41.5     25.2      19.6     29.7     28.0     31.5     21.2     39.7     21.6
1963...............................................      24.2     24.0     41.6     25.5      19.9     29.6     28.0     31.5     21.4     39.5     21.5
1964...............................................      24.6     24.3     41.8     25.8      20.3     29.8     28.1     31.7     21.7     39.5     21.6
1965...............................................      25.0     24.7     41.4     26.3      20.7     30.2     28.6     32.1     22.3     39.6     22.3
1966...............................................      25.7     25.3     41.3     27.1      21.3     30.8     29.2     32.5     23.1     39.7     23.1
1967...............................................      26.6     26.0     41.9     27.8      22.0     31.6     30.1     33.4     23.8     40.6     23.9
1968...............................................      27.7     27.0     43.3     28.9      23.0     32.8     31.3     34.6     25.0     41.7     25.1
1969...............................................      29.0     28.2     44.5     30.2      23.9     34.4     32.9     36.0     26.7     42.9     26.9

1970...............................................      30.6     29.5     45.4     31.7      25.2     35.8     34.3     37.8     28.4     44.5     27.7
1971...............................................      32.1     30.8     47.1     32.6      26.7     37.6     36.0     39.6     30.6     45.9     29.4
1972...............................................      33.5     31.9     47.6     33.7      27.9     39.3     37.6     41.0     32.8     46.5     31.1
1973...............................................      35.4     33.6     48.3     36.4      29.2     41.3     39.7     42.6     35.4     47.3     33.9
1974...............................................      38.5     37.0     51.3     41.6      31.4     45.3     43.7     46.8     40.2     50.9     37.4
1975...............................................      42.2     40.0     56.0     44.8      34.0     51.0     49.2     53.3     45.0     58.6     40.9
1976...............................................      44.6     42.3     59.2     46.5      36.5     53.8     52.1     56.3     47.2     62.2     43.5
1977...............................................      47.5     45.1     61.7     49.2      39.5     57.5     56.2     60.0     50.9     65.9     48.0
1978...............................................      50.9     48.4     65.2     52.6      42.6     62.4     61.1     64.4     56.3     69.6     53.7
1979...............................................      55.3     52.8     69.6     58.3      46.1     68.0     66.7     69.7     62.9     74.1     59.7

1980...............................................      60.4     58.5     75.6     65.3      51.0     74.5     73.0     76.0     68.7     80.7     66.2
1981...............................................      66.1     63.7     80.6     70.6      56.2     81.4     79.9     83.5     78.2     86.6     71.6
1982...............................................      70.2     67.4     83.8     72.8      60.8     85.6     84.5     88.3     84.4     90.2     75.5
1983...............................................      73.2     70.5     85.5     74.6      64.9     85.4     84.4     87.5     82.2     90.6     77.2
1984...............................................      75.9     73.1     86.7     76.7      68.2     86.0     85.0     87.5     82.9     90.0     79.4
1985...............................................      78.6     75.8     87.8     78.7      71.6     87.0     86.2     88.3     84.9     90.1     81.5
1986...............................................      80.6     78.0     88.9     78.7      75.3     89.0     88.6     90.2     86.5     92.2     84.9
1987...............................................      83.1     81.0     91.6     81.8      78.2     91.0     90.4     91.3     87.9     93.2     88.3
1988...............................................      86.1     84.3     93.3     84.8      82.2     93.5     93.2     93.7     92.1     94.6     92.1
1989...............................................      89.7     88.4     95.3     89.3      86.6     96.1     95.9     96.2     95.6     96.4     95.1

1990...............................................      93.6     92.9     96.6     94.6      91.2     98.4     98.2     98.4     98.8     98.2     97.8
1991...............................................      97.3     96.8     98.5     98.1      95.8     99.7     99.6     99.9    100.1     99.8     98.8
1992...............................................     100.0    100.0    100.0    100.0     100.0    100.0    100.0    100.0    100.0    100.0    100.0
1993...............................................     102.6    102.6    101.3    101.5     103.6    101.7    101.7    100.9    103.3     99.9    103.7
1994...............................................     105.0    105.1    103.4    102.8     106.7    103.6    103.7    102.3    106.7    100.6    107.0
1995...............................................     107.6    107.6    104.6    104.5     109.9    105.4    105.4    103.4    110.2    100.8    110.3

1990:I.............................................      92.0     91.0     96.5     92.6      89.1     97.6     97.5     97.6     97.8     97.5     97.2
II.............................................      93.2     92.2     96.4     93.4      90.7     98.0     97.9     98.0     98.5     97.7     97.6
III............................................      94.2     93.5     96.5     95.2      92.0     98.6     98.5     98.7     99.2     98.4     98.1
IV.............................................      95.1     94.9     96.9     97.4      93.1     99.3     99.1     99.4     99.7     99.3     98.3

1991:I.............................................      96.3     95.7     97.9     97.5      94.3     99.7     99.6    100.1    100.1    100.1     98.4
II.............................................      97.0     96.4     98.4     97.8      95.2     99.7     99.6     99.9    100.2     99.8     98.7
III............................................      97.7     97.1     98.8     98.2      96.2     99.7     99.7     99.8    100.4     99.5     99.3
IV.............................................      98.3     98.0     99.1     98.7      97.4     99.7     99.6     99.9     99.7     99.9     99.0

1992:I.............................................      99.1     98.9     99.6     99.2      98.6     99.6     99.6     99.9     99.3    100.2     98.8
II.............................................      99.8     99.7    100.1     99.7      99.6     99.8     99.8     99.9     99.7    100.0     99.5
III............................................     100.2    100.3    100.1    100.4     100.3    100.1    100.1    100.1    100.1    100.1    100.2
IV.............................................     100.9    101.1    100.2    100.7     101.5    100.5    100.5    100.1    100.9     99.8    101.5

1993:I.............................................     101.8    101.8    100.5    101.3     102.4    101.0    101.0    100.5    101.9     99.9    102.3
II.............................................     102.4    102.5    101.1    101.5     103.3    101.6    101.6    100.8    103.0     99.9    103.6
III............................................     102.8    102.8    101.5    101.3     103.9    101.9    102.0    101.0    103.8     99.9    104.3
IV.............................................     103.4    103.5    101.9    101.9     104.7    102.1    102.2    101.1    104.6     99.8    104.7

1994:I.............................................     104.1    104.1    102.4    102.0     105.6    102.8    102.8    101.6    105.5    100.1    105.7
II.............................................     104.6    104.7    103.2    102.4     106.2    103.3    103.4    102.2    106.0    100.7    106.2
III............................................     105.2    105.5    104.0    103.3     107.1    104.0    104.1    102.8    107.1    101.1    107.4
IV.............................................     105.8    106.1    103.9    103.6     107.9    104.3    104.4    102.7    108.4    100.5    108.6

1995:I.............................................     106.7    106.7    104.7    103.9     108.8    104.6    104.6    102.7    109.0    100.3    109.2
II.............................................     107.3    107.5    104.8    104.5     109.7    105.3    105.2    103.4    109.8    100.9    109.9
III............................................     107.9    107.8    104.5    104.7     110.3    105.8    105.8    103.8    110.8    101.2    110.7
IV.............................................     108.4    108.3    104.3    105.0     110.9    105.9    105.9    103.7    111.3    100.9    111.3

1996:I.............................................     109.0    108.9    104.6    106.0     111.5    105.8    105.9    103.7    111.7    100.7    111.3
II.............................................     109.6    109.8    104.1    107.3     112.4    105.8    106.0    103.7    112.2    100.6    111.7
III............................................     110.2    110.2    104.0    107.3     113.2    106.4    106.6    104.2    113.2    100.9    112.6
--------------------------------------------------------------------------------------------------------------------------------------------------------
See next page for continuation of table.


Table B-3.--Chain-type price indexes for gross domestic product, 1959-96--Continued
[Index numbers, 1992=100, except as noted; quarterly data seasonally adjusted]
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Exports and       Government consumption expenditures and              Gross domestic                Percent change\2\
imports  of goods               gross investment                           purchases\1\            -------------------------
and services    --------------------------------------------   Final  -----------------                     Gross domestic
--------------------                  Federal                    sales of                     Gross                purchases
Year or  quarter                                                     ---------------------------                              Less   national    Gross  ---------------
State   domestic            food    product  domestic           Less
Exports   Imports   Total          National    Non-     and     product   Total    and               product           food
Total   defense  defense   local                      energy                       Total    and
energy
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1959.............................................................      28.7      20.9    18.1    18.6     18.1      19.5    17.4      22.8     22.5  .......     23.0   ........  ......  ......

1960.............................................................      29.1      21.1    18.3    18.8     18.2      19.8    17.8      23.1     22.8  .......     23.4       1.4      1.4  ......
1961.............................................................      29.5      21.1    18.7    19.0     18.4      20.5    18.2      23.4     23.1  .......     23.6       1.2      1.1  ......
1962.............................................................      29.5      20.9    19.1    19.4     18.7      21.1    18.8      23.7     23.4  .......     23.9       1.3      1.2  ......
1963.............................................................      29.4      21.3    19.6    19.9     19.2      21.7    19.3      24.0     23.7  .......     24.2       1.2      1.3  ......
1964.............................................................      29.6      21.7    20.2    20.6     19.8      22.8    19.6      24.3     24.0  .......     24.6       1.5      1.5  ......
1965.............................................................      30.6      22.1    20.7    21.2     20.4      23.2    20.2      24.8     24.5  .......     25.0       1.9      1.8  ......
1966.............................................................      31.6      22.6    21.6    21.9     21.1      24.0    21.1      25.5     25.1  .......     25.8       2.8      2.8  ......
1967.............................................................      32.8      22.7    22.5    22.6     21.7      24.7    22.3      26.3     25.9  .......     26.6       3.2      3.0  ......
1968.............................................................      33.5      23.0    23.7    23.8     22.9      26.3    23.6      27.5     27.0  .......     27.7       4.4      4.3  ......
1969.............................................................      34.5      23.6    25.2    25.1     24.2      27.7    25.2      28.8     28.3  .......     29.0       4.7      4.7  ......

1970.............................................................      36.0      25.0    27.2    27.1     25.9      30.3    27.3      30.3     29.8  .......     30.6       5.3      5.4  ......
1971.............................................................      37.3      26.5    29.3    29.4     28.2      32.7    29.2      31.9     31.4  .......     32.2       5.2      5.3  ......
1972.............................................................      38.5      28.4    31.5    32.0     31.0      34.5    31.0      33.3     32.8  .......     33.5       4.2      4.5  ......
1973.............................................................      43.8      33.4    33.9    34.5     33.7      36.5    33.3      35.1     34.7  .......     35.4       5.6      5.8  ......
1974.............................................................      54.1      48.0    37.4    37.9     37.2      39.3    37.0      38.3     38.2  .......     38.5       8.9     10.2  ......
1975.............................................................      59.7      52.1    41.4    41.9     41.1      43.8    40.8      41.9     41.8  .......     42.2       9.4      9.3  ......
1976.............................................................      61.6      53.7    44.0    44.6     43.9      46.3    43.4      44.4     44.2  .......     44.6       5.8      5.8  ......
1977.............................................................      64.2      58.5    47.1    48.2     47.2      50.3    46.2      47.2     47.2  .......     47.5       6.4      6.8  ......
1978.............................................................      68.2      62.7    50.3    51.5     50.8      52.8    49.3      50.7     50.7  .......     51.0       7.3      7.4  ......
1979.............................................................      76.5      73.4    54.8    56.1     55.8      56.6    53.7      55.1     55.3  .......     55.3       8.5      9.0  ......

1980.............................................................      84.2      91.4    60.9    62.2     62.0      62.3    59.7      60.1     61.1  .......     60.4       9.3     10.7  ......
1981.............................................................      90.3      96.4    66.8    68.3     68.2      68.3    65.6      65.8     66.8  .......     66.1       9.4      9.2  ......
1982.............................................................      90.8      93.1    71.3    72.9     73.0      72.6    69.9      70.0     70.7    69.0      70.2       6.3      5.9  ......
1983.............................................................      91.3      89.6    74.5    76.1     76.2      75.4    73.2      73.0     73.3    72.0      73.2       4.2      3.8     4.3
1984.............................................................      92.3      88.9    78.2    80.4     81.2      77.5    76.4      75.8     75.9    74.6      76.0       3.8      3.5     3.7
1985.............................................................      89.8      86.0    81.0    82.7     83.5      80.2    79.5      78.4     78.4    77.3      78.6       3.4      3.2     3.5
1986.............................................................      88.5      86.0    82.7    84.0     84.5      82.2    81.6      80.5     80.4    80.1      80.6       2.6      2.6     3.6
1987.............................................................      91.0      91.0    85.2    85.3     85.6      84.0    85.0      83.0     83.1    82.9      83.1       3.1      3.4     3.5
1988.............................................................      96.0      95.3    87.4    87.2     87.3      86.7    87.5      86.1     86.1    86.1      86.1       3.7      3.6     3.9
1989.............................................................      97.9      97.8    90.2    89.8     89.8      89.7    90.5      89.7     89.8    89.6      89.8       4.2      4.2     4.0

1990.............................................................      98.7     100.4    94.1    92.9     92.9      92.8    94.9      93.6     93.8    93.3      93.7       4.4      4.5     4.2
1991.............................................................     100.3     100.0    97.4    96.9     96.5      97.9    97.9      97.3     97.3    97.0      97.3       3.9      3.7     3.9
1992.............................................................     100.0     100.0   100.0   100.0    100.0     100.0   100.0     100.0    100.0   100.0     100.0       2.8      2.8     3.1
1993.............................................................      99.9      98.7   102.3   102.6    102.1     104.0   102.1     102.6    102.5   102.6     102.6       2.6      2.5     2.6
1994.............................................................     101.0      99.5   104.3   105.4    104.5     107.7   103.6     105.0    104.8   105.1     104.9       2.3      2.2     2.4
1995.............................................................     104.1     102.2   107.8   109.4    108.1     112.3   106.7     107.6    107.3   107.7     107.6       2.5      2.4     2.5

1990:I...........................................................      97.5      98.8    92.5    91.4     91.5      91.2    93.3      92.0     92.2    91.8      92.1       4.9      5.4     4.4
II...........................................................      97.9      97.1    93.3    92.1     92.1      92.3    94.2      93.2     93.1    92.9      93.2       5.2      4.2     4.9
III..........................................................      98.9     100.0    94.4    93.1     93.1      93.0    95.3      94.2     94.3    93.9      94.2       4.3      5.2     4.3
IV...........................................................     100.6     105.6    96.1    95.0     95.0      94.9    96.8      95.1     95.7    94.9      95.2       4.1      5.9     4.3

1991:I...........................................................     100.9     102.2    96.6    95.9     95.4      97.5    97.1      96.2     96.4    95.9      96.3       4.8      3.1     4.4
II...........................................................     100.5      99.7    97.2    96.6     96.1      97.9    97.6      97.0     97.0    96.6      97.0       3.2      2.2     3.0
III..........................................................      99.8      98.5    97.7    97.1     96.7      98.3    98.2      97.7     97.6    97.4      97.7       2.8      2.6     3.2
IV...........................................................     100.1      99.6    98.3    97.8     97.7      98.2    98.6      98.3     98.3    98.1      98.3       2.5      2.9     3.1

1992:I...........................................................      99.9      99.0    99.2    99.4     99.6      98.8    99.0      99.1     99.0    99.0      99.1       3.4      3.2     3.8
II...........................................................     100.1      99.6    99.9   100.0    100.2      99.5    99.9      99.8     99.8    99.8      99.8       2.8      2.9     2.9
III..........................................................     100.1     101.0   100.3   100.4    100.6     100.1   100.2     100.2    100.3   100.3     100.2       1.5      2.1     2.0
IV...........................................................     100.0     100.4   100.6   100.2     99.6     101.6   100.9     100.9    100.9   100.9     100.9       2.8      2.6     2.8

1993:I...........................................................     100.0      98.8   101.7   101.8    101.1     103.4   101.7     101.8    101.7   101.8     101.8       3.8      3.1     3.5
II...........................................................     100.1      99.4   102.1   102.0    101.6     103.1   102.2     102.4    102.3   102.4     102.4       2.2      2.4     2.5
III..........................................................      99.9      98.4   102.6   103.0    102.7     103.8   102.3     102.8    102.6   102.9     102.8       1.8      1.3     1.8
IV...........................................................      99.7      98.1   102.9   103.7    102.9     105.6   102.4     103.4    103.2   103.4     103.4       2.3      2.2     2.1

1994:I...........................................................     100.2      97.6   103.5   104.4    103.6     106.3   102.9     104.2    103.8   104.1     104.1       2.9      2.4     2.7
II...........................................................     100.7      98.9   104.1   105.4    104.1     108.3   103.2     104.6    104.4   104.7     104.6       1.9      2.3     2.5
III..........................................................     101.3     100.6   104.5   105.5    104.7     107.4   103.8     105.3    105.1   105.4     105.2       2.4      3.0     2.5
IV...........................................................     101.8     100.9   105.3   106.5    105.5     108.7   104.5     105.8    105.7   105.9     105.8       2.1      2.0     2.1

1995:I...........................................................     103.1     101.1   106.6   108.1    106.9     110.6   105.6     106.7    106.4   106.7     106.7       3.3      2.8     3.0
II...........................................................     104.5     103.2   107.4   108.9    108.1     110.9   106.5     107.3    107.2   107.5     107.3       2.4      2.8     2.8
III..........................................................     104.6     102.5   108.0   109.3    108.3     111.7   107.1     107.9    107.6   108.0     107.8       2.1      1.6     2.0
IV...........................................................     104.3     101.9   109.1   111.3    109.2     116.0   107.7     108.4    108.1   108.6     108.4       2.1      1.9     2.1

1996:I...........................................................     104.4     101.9   110.2   111.8    110.0     116.0   109.2     109.1    108.7   109.1     109.0       2.3      2.3     1.8
II...........................................................     104.7     102.1   110.1   111.6    110.4     114.4   109.2     109.7    109.3   109.4     109.6       2.2      2.1     1.2
III..........................................................     104.3     101.5   110.8   111.9    110.6     114.8   110.1     110.2    109.8   109.9     110.2       2.0      1.9     2.0
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
\1\Gross domestic product (GDP) less exports of goods and services plus imports of goods and services.
\2\Percent changes shown here are based on unrounded data. Quarterly changes are at annual rates.

Source: Department of Commerce, Bureau of Economic Analysis.