[Economic Report of the President (1998)] [Administration of William J. Clinton] [Online through the Government Printing Office, www.gpo.gov] Table B-5.--Contributions to percent change in real gross domestic product, 1959-97 [Percentage points, except as noted; quarterly data at seasonally adjusted annual rates] -------------------------------------------------------------------------------------------------------------------------------------------------------- Personal consumption expenditures Gross private domestic investment ---------------------------------------------------------------------------------------------------------- Fixed investment Gross ------------------------------------------------ domestic Nonresidential Change Year or quarter product Non- ----------------------------- in busi- (percent Total Durable durable Services Total Pro- ness change) goods goods Total ducers' Resi- inven- Total Struc- durable dential tories tures equip- ment -------------------------------------------------------------------------------------------------------------------------------------------------------- 1959.............................. 7.4 3.7 1.1 1.3 1.3 2.9 2.0 0.8 0.1 0.7 1.2 0.9 1960.............................. 2.4 1.7 .2 .4 1.1 -.1 .1 .5 .3 .2 -.4 -.2 1961.............................. 2.3 1.3 -.3 .5 1.1 -.2 -.1 -.1 .1 -.1 0 -.1 1962.............................. 6.1 3.1 .9 .9 1.3 1.8 1.2 .8 .2 .6 .5 .6 1963.............................. 4.3 2.5 .8 .6 1.2 1.0 1.0 .5 0 .4 .6 -.1 1964.............................. 5.8 3.7 .8 1.3 1.6 1.3 1.4 1.1 .4 .7 .3 -.1 1965.............................. 6.4 3.9 1.1 1.4 1.4 2.2 1.5 1.6 .6 1.1 -.2 .7 1966.............................. 6.5 3.5 .7 1.5 1.3 1.4 .8 1.2 .3 1.0 -.4 .6 1967.............................. 2.5 1.8 .1 .4 1.3 -.7 -.3 -.2 -.1 -.1 -.1 -.4 1968.............................. 4.7 3.5 .9 1.2 1.4 .8 1.0 .4 .1 .4 .5 -.2 1969.............................. 3.0 2.3 .3 .7 1.3 .9 .9 .7 .2 .5 .1 0 1970.............................. .1 1.4 -.3 .6 1.1 -1.1 -.4 -.1 0 -.1 -.3 -.7 1971.............................. 3.3 2.3 .8 .5 1.0 1.7 1.1 0 -.1 .1 1.1 .6 1972.............................. 5.5 3.7 1.1 1.1 1.5 1.9 1.8 .9 .1 .8 .9 .1 1973.............................. 5.8 3.0 .9 .8 1.3 2.0 1.4 1.5 .3 1.2 0 .6 1974.............................. -.6 -.4 -.6 -.5 .7 -1.4 -1.1 .1 -.1 .1 -1.1 -.4 1975.............................. -.4 1.4 0 .4 1.0 -3.0 -1.8 -1.2 -.4 -.7 -.6 -1.3 1976.............................. 5.4 3.5 1.0 1.3 1.2 2.8 1.4 .5 .1 .4 .9 1.4 1977.............................. 4.7 2.7 .8 .7 1.2 2.5 2.2 1.2 .2 1.0 1.0 .3 1978.............................. 5.4 2.7 .5 .9 1.4 2.0 1.9 1.5 .4 1.1 .4 .2 1979.............................. 2.8 1.5 0 .6 .9 .4 .9 1.1 .5 .6 -.2 -.5 1980.............................. -.3 -.2 -.7 -.1 .6 -2.2 -1.2 -.1 .3 -.4 -1.2 -.9 1981.............................. 2.3 .8 .1 .2 .5 1.5 .3 .7 .4 .3 -.4 1.2 1982.............................. -2.1 .7 0 .1 .6 -2.6 -1.3 -.6 -.1 -.5 -.7 -1.3 1983.............................. 4.0 3.3 1.1 .7 1.5 1.4 1.1 -.2 -.5 .3 1.3 .3 1984.............................. 7.0 3.3 1.1 .8 1.4 4.6 2.6 1.9 .6 1.3 .6 2.0 1985.............................. 3.6 3.0 .8 .5 1.7 -.2 .8 .7 .3 .4 .1 -1.0 1986.............................. 3.1 2.6 .8 .7 1.1 -.3 .1 -.4 -.5 .1 .5 -.4 1987.............................. 2.9 2.0 .1 .4 1.5 .2 -.1 -.1 -.1 0 0 .3 1988.............................. 3.8 2.6 .6 .6 1.4 .1 .4 .5 0 .4 -.1 -.2 1989.............................. 3.4 1.5 .2 .5 .8 .6 .3 .4 .1 .3 -.2 .4 1990.............................. 1.2 1.1 -.1 .2 .9 -.8 -.5 -.1 0 -.1 -.4 -.4 1991.............................. -.9 -.4 -.5 -.2 .3 -1.3 -1.1 -.6 -.4 -.3 -.5 -.2 1992.............................. 2.7 1.9 .4 .3 1.1 .8 .7 .1 -.2 .3 .5 .2 1993.............................. 2.3 2.0 .6 .5 1.0 1.2 .9 .7 0 .6 .3 .2 1994.............................. 3.5 2.2 .6 .6 1.1 1.7 1.1 .7 0 .7 .4 .6 1995.............................. 2.0 1.7 .3 .3 1.0 .2 .7 .8 .1 .7 -.2 -.5 1996.............................. 2.8 1.8 .4 .3 1.1 1.1 1.1 .9 .1 .8 .2 0 1997 p............................ 3.8 2.2 .4 .4 1.4 1.6 1.0 .9 .1 .8 .1 .5 1992: I........................... 4.7 4.3 1.0 1.2 2.0 -.3 1.1 .3 .1 .2 .8 -1.4 II.......................... 2.5 1.5 .3 -.2 1.3 2.3 1.6 .9 -.1 1.0 .7 .7 III......................... 3.0 2.0 .7 .6 .7 .4 .3 .2 -.2 .4 .1 0 IV.......................... 4.3 3.6 .8 1.2 1.6 .9 1.2 .5 -.1 .7 .6 -.3 1993: I........................... .1 .5 -.1 -.2 .8 3.4 .9 .9 .3 .6 0 2.5 II.......................... 2.0 2.3 1.0 .7 .7 0 1.0 1.1 .1 1.0 -.1 -1.0 III......................... 2.1 2.8 .7 .6 1.6 .8 .8 .4 .1 .4 .4 -.1 IV.......................... 5.3 2.0 .8 .3 .9 2.8 2.3 1.4 .1 1.3 .8 .6 1994: I........................... 3.0 2.6 .5 1.0 1.0 2.2 .4 0 -.4 .5 .4 1.8 II.......................... 4.7 2.0 .3 .4 1.3 2.9 1.5 .9 .5 .4 .6 1.4 III......................... 1.8 1.6 .3 .5 .8 -.9 .6 .7 0 .7 -.1 -1.5 IV.......................... 3.6 2.2 .9 .5 .7 1.8 .9 1.1 .1 1.1 -.2 .9 21995: I.......................... .9 1.0 -.3 .3 .9 .2 1.0 1.3 .2 1.0 -.3 -.8 II.......................... .3 1.9 .3 .2 1.4 -1.7 -.1 .6 .1 .4 -.7 -1.6 III......................... 3.0 1.8 .7 .1 .9 .3 .5 .2 0 .1 .3 -.2 IV.......................... 2.2 1.2 .2 .1 .9 1.1 .8 .5 -.2 .6 .3 .3 1996: I........................... 1.8 2.1 .4 .4 1.4 .6 1.4 1.1 .2 .9 .3 -.8 II.......................... 6.0 2.5 .8 .5 1.2 2.6 1.9 1.3 .2 1.0 .7 .7 III......................... 1.0 .4 -.2 .1 .4 2.3 1.4 1.6 .3 1.3 -.2 .8 IV.......................... 4.3 2.2 .3 .4 1.5 .2 .4 .6 .4 .2 -.2 -.2 21997: I.......................... 4.9 3.6 1.1 .9 1.5 2.4 .6 .4 -.1 .5 .1 1.8 II.......................... 3.3 .6 -.5 -.4 1.5 2.5 1.7 1.4 -.1 1.6 .3 .8 III......................... 3.1 3.8 1.4 .8 1.5 .4 2.0 1.9 .2 1.7 .1 -1.6 IV p........................ 4.3 2.2 .2 -.1 2.0 .7 0 -.4 -.1 -.3 .4 .7 -------------------------------------------------------------------------------------------------------------------------------------------------------- See next page for continuation of table. Table B-5.--Contributions to percent change in real gross domestic product, 1959-97--Continued [Percentage points, except as noted; quarterly data at seasonally adjusted annual rates] -------------------------------------------------------------------------------------------------------------------------------------------------------- Net exports of goods and services Government consumption expenditures and gross ---------------------------------------------------------------------- investment Exports Imports ------------------------------------------------ Year or quarter ----------------------------------------------------------- Federal Net ------------------------------ State exports Total Goods Serv- Total Goods Services Total National Non- and ices Total defense defense local -------------------------------------------------------------------------------------------------------------------------------------------------------- 1959............................. -0.4 0 0 0.1 -0.5 -0.5 0 1.3 1.0 0.3 0.7 0.3 1960............................. .8 .8 .8 .1 -.1 0 -.1 0 -.4 -.2 -.2 .4 1961............................. .1 .1 0 .1 0 0 0 1.0 .5 .4 .1 .6 1962............................. -.2 .3 .2 .1 -.5 -.4 -.1 1.3 1.1 .6 .4 .3 1963............................. .2 .4 .3 .1 -.1 -.1 0 .5 0 -.3 .2 .6 1964............................. .4 .6 .5 .1 -.2 -.2 0 .4 -.2 -.4 .2 .7 1965............................. -.3 .1 0 .1 -.5 -.4 0 .7 0 -.2 .2 .7 1966............................. -.3 .3 .3 .1 -.7 -.5 -.2 1.9 1.3 1.3 0 .6 1967............................. -.2 .1 0 .1 -.3 -.2 -.2 1.7 1.2 1.2 0 .5 1968............................. -.3 .4 .3 .1 -.7 -.7 0 .7 .1 .2 -.1 .6 1969............................. 0 .3 .2 .1 -.3 -.2 -.1 -.1 -.4 -.5 .1 .3 1970............................. .3 .5 .4 .1 -.2 -.1 -.1 -.5 -.8 -.8 0 .3 1971............................. -.3 0 0 .1 -.3 -.3 0 -.4 -.8 -.9 .1 .4 1972............................. -.2 .4 .4 0 -.6 -.6 0 .1 -.2 -.3 .2 .3 1973............................. .9 1.2 1.0 .2 -.3 -.3 .1 -.1 -.5 -.5 0 .4 1974............................. .9 .7 .5 .2 .2 .2 0 .4 -.1 -.2 .1 .4 1975............................. .9 -.1 -.2 .1 1.0 .9 .1 .3 0 -.1 .1 .4 1976............................. -1.0 .5 .3 .2 -1.5 -1.4 -.1 0 -.1 -.1 0 .1 1977............................. -.7 .2 .1 .1 -.9 -.8 -.1 .2 .1 0 .1 0 1978............................. 0 .8 .7 .1 -.8 -.7 -.1 .6 .2 0 .2 .4 1979............................. .6 .8 .8 0 -.2 -.1 0 .3 .1 .1 0 .2 1980............................. 1.7 1.0 .9 .1 .7 .7 0 .4 .4 .2 .1 0 1981............................. -.2 .1 -.1 .2 -.3 -.2 -.1 .1 .4 .3 0 -.2 1982............................. -.6 -.7 -.7 0 .1 .2 -.1 .3 .3 .5 -.2 0 1983............................. -1.4 -.2 -.2 0 -1.1 -1.0 -.1 .6 .5 .4 .1 .1 1984............................. -1.6 .6 .5 .2 -2.2 -1.8 -.4 .7 .2 .3 -.1 .4 1985............................. -.4 .2 .2 0 -.7 -.5 -.1 1.2 .7 .5 .1 .6 1986............................. -.3 .5 .3 .3 -.8 -.8 0 1.1 .4 .4 .1 .6 1987............................. .2 .8 .6 .2 -.6 -.4 -.2 .6 .3 .3 0 .3 1988............................. .8 1.2 1.0 .2 -.4 -.4 -.1 .3 -.2 -.1 -.1 .4 1989............................. .6 1.0 .8 .2 -.4 -.4 -.1 .6 .1 -.1 .2 .4 1990............................. .4 .8 .6 .2 -.4 -.3 -.1 .6 .2 0 .2 .4 1991............................. .7 .6 .5 .1 .1 0 .1 .1 0 -.1 0 .2 1992............................. -.1 .6 .5 .2 -.7 -.8 0 .1 -.2 -.4 .2 .3 1993............................. -.6 .3 .2 .1 -.9 -.9 0 -.2 -.4 -.3 0 .2 1994............................. -.5 .8 .7 .1 -1.3 -1.2 -.1 0 -.3 -.3 0 .3 1995............................. .1 1.1 .9 .2 -1.0 -.9 -.1 0 -.2 -.2 0 .2 1996............................. -.2 .9 .7 .2 -1.1 -1.0 -.1 .1 -.1 -.1 0 .2 1997 p........................... -.3 1.3 1.2 .2 -1.6 -1.4 -.2 .2 -.1 -.1 0 .3 1992: I.......................... .2 .6 .4 .2 -.4 -.4 -.1 .5 -.1 -.5 .4 .6 II......................... -1.2 .2 .3 -.1 -1.4 -1.5 .1 -.1 -.1 -.1 -.1 .1 III........................ .1 .2 .2 0 -.1 -.6 .4 .6 .4 .4 .1 .2 IV......................... -.6 .6 .8 -.2 -1.2 -.6 -.6 .4 .3 -.1 .4 .1 1993: I.......................... -1.5 -.2 -.7 .5 -1.3 -1.7 .4 -2.3 -2.2 -1.8 -.4 -.1 II......................... -.5 .8 .7 .1 -1.3 -1.2 -.1 .2 -.3 -.2 -.1 .5 III........................ -1.3 -.9 -.8 0 -.4 -.3 -.1 -.2 -.4 -.4 -.1 .2 IV......................... .2 2.0 1.9 .1 -1.8 -1.5 -.3 .3 0 0 0 .3 1994: I.......................... -1.0 -.2 -.3 .1 -.8 -.8 -.1 -.8 -.9 -1.0 .1 .1 II......................... -.3 1.7 1.3 .4 -2.0 -1.9 -.1 .1 -.4 0 -.4 .5 III........................ -.4 1.0 1.0 .1 -1.4 -1.4 0 1.5 .9 .7 .3 .6 IV......................... .3 1.4 1.2 .2 -1.1 -1.1 0 -.7 -.9 -1.0 .1 .1 21995: I......................... -.4 .7 .5 .2 -1.1 -.6 -.4 .1 -.1 -.1 0 .2 II......................... .1 1.0 .9 .1 -.9 -1.0 .1 0 -.3 -.1 -.3 .3 III........................ 1.1 1.4 .8 .6 -.2 -.1 -.2 -.1 -.1 -.2 .1 0 IV......................... 1.0 1.2 1.0 .2 -.3 -.2 0 -1.0 -1.2 -.8 -.4 .2 21996: I......................... -1.3 .2 .3 -.1 -1.5 -1.2 -.3 .3 .5 .3 .2 -.2 II......................... -.6 1.1 .8 .3 -1.7 -1.6 -.1 1.3 .6 .5 .1 .7 III........................ -1.4 .2 .2 0 -1.6 -1.6 0 -.2 -.3 -.2 -.1 .1 IV......................... 1.8 2.7 2.2 .4 -.8 -.8 0 0 -.4 -.3 0 .4 21997: I......................... -1.0 1.1 1.0 .1 -2.1 -1.7 -.5 -.1 -.4 -.6 .2 .3 II......................... -.4 2.0 1.9 .1 -2.5 -2.3 -.2 .6 .4 .3 .1 .1 III........................ -1.3 .5 .3 .2 -1.7 -1.6 -.1 .2 -.1 .1 -.1 .3 IV p....................... 1.1 1.3 1.3 0 -.2 -.1 -.1 .3 0 .1 -.1 .2 -------------------------------------------------------------------------------------------------------------------------------------------------------- Source: Department of Commerce, Bureau of Economic Analysis.