[Economic Report of the President (1998)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]



Table B-7.--Chain-type price indexes for gross domestic product, 1959-97
[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...............................................     22.95    22.81    41.38    24.49     18.47    29.01    27.95    31.51    21.16    39.74    21.43

1960...............................................     23.27    23.19    41.18    24.84     18.96    29.13    28.08    31.61    21.13    39.99    21.58
1961...............................................     23.54    23.44    41.27    24.99     19.33    29.13    28.03    31.50    21.01    39.90    21.61
1962...............................................     23.84    23.69    41.47    25.18     19.62    29.11    28.03    31.48    21.18    39.66    21.65
1963...............................................     24.12    23.99    41.61    25.48     19.94    29.04    27.98    31.53    21.38    39.52    21.48
1964...............................................     24.48    24.31    41.82    25.80     20.28    29.21    28.15    31.69    21.68    39.50    21.65
1965...............................................     24.95    24.69    41.44    26.27     20.72    29.69    28.64    32.06    22.31    39.55    22.26
1966...............................................     25.66    25.34    41.25    27.14     21.32    30.29    29.25    32.55    23.11    39.67    23.07
1967...............................................     26.48    26.01    41.89    27.78     22.03    31.10    30.08    33.40    23.84    40.59    23.87
1968...............................................     27.64    27.04    43.28    28.85     22.97    32.30    31.31    34.59    25.03    41.70    25.14
1969...............................................     28.94    28.16    44.47    30.19     23.91    33.85    32.87    36.04    26.68    42.88    26.88

1970...............................................     30.48    29.49    45.44    31.66     25.20    35.27    34.28    37.76    28.42    44.48    27.74
1971...............................................     32.05    30.82    47.10    32.65     26.73    37.05    36.05    39.59    30.61    45.88    29.35
1972...............................................     33.42    31.90    47.60    33.74     27.91    38.69    37.64    41.00    32.83    46.51    31.14
1973...............................................     35.30    33.62    48.29    36.39     29.17    40.80    39.74    42.59    35.38    47.30    33.89
1974...............................................     38.46    37.03    51.35    41.59     31.41    44.91    43.69    46.75    40.24    50.85    37.39
1975...............................................     42.09    40.04    56.04    44.83     33.97    50.48    49.22    53.30    45.03    58.59    40.86
1976...............................................     44.55    42.32    59.16    46.53     36.50    53.33    52.12    56.33    47.22    62.19    43.49
1977...............................................     47.42    45.13    61.73    49.18     39.46    57.29    56.19    60.05    50.95    65.90    47.99
1978...............................................     50.88    48.41    65.23    52.59     42.62    62.10    61.09    64.38    56.30    69.59    53.72
1979...............................................     55.22    52.76    69.62    58.33     46.08    67.72    66.71    69.71    62.88    74.13    59.75

1980...............................................     60.34    58.49    75.56    65.30     50.96    74.18    73.03    75.96    68.66    80.67    66.22
1981...............................................     66.01    63.73    80.64    70.57     56.17    81.09    79.94    83.48    78.22    86.60    71.62
1982...............................................     70.18    67.40    83.81    72.81     60.80    85.38    84.47    88.28    84.45    90.24    75.45
1983...............................................     73.16    70.46    85.48    74.64     64.86    85.20    84.38    87.52    82.23    90.58    77.19
1984...............................................     75.92    73.14    86.71    76.71     68.17    85.87    85.01    87.48    82.94    90.04    79.41
1985...............................................     78.53    75.84    87.76    78.72     71.62    86.81    86.20    88.31    84.86    90.15    81.45
1986...............................................     80.58    78.00    88.91    78.73     75.28    88.97    88.56    90.22    86.47    92.24    84.87
1987...............................................     83.06    80.96    91.59    81.82     78.23    90.93    90.44    91.34    87.85    93.22    88.34
1988...............................................     86.10    84.32    93.28    84.83     82.16    93.46    93.25    93.73    92.10    94.59    92.06
1989...............................................     89.72    88.44    95.29    89.28     86.55    96.06    95.85    96.16    95.61    96.45    95.08

1990...............................................     93.64    92.91    96.59    94.62     91.22    98.37    98.24    98.42    98.78    98.23    97.80
1991...............................................     97.32    96.82    98.54    98.06     95.78    99.70    99.63    99.93   100.09    99.84    98.85
1992...............................................    100.00   100.00   100.00   100.00    100.00   100.00   100.00   100.00   100.00   100.00   100.00
1993...............................................    102.64   102.66   101.22   101.46    103.62   101.50   101.53   100.65   103.26    99.57   103.71
1994...............................................    105.09   105.15   103.27   102.77    106.85   103.32   103.40   101.89   107.00    99.86   107.11
1995...............................................    107.76   107.89   104.27   104.48    110.53   104.71   104.78   102.33   111.49    98.89   110.93
1996...............................................    110.22   110.47   103.83   107.15    113.76   104.50   104.70   101.26   114.09    96.62   113.64
1997 p.............................................    112.46   112.72   102.16   109.15    117.04   104.14   104.54    99.88   117.87    93.63   117.09

1992: I............................................     99.14    98.90    99.59    99.15     98.63    99.61    99.60    99.91    99.35   100.15    98.82
II...........................................     99.81    99.70   100.09    99.74     99.60    99.80    99.80    99.92    99.66   100.02    99.52
III..........................................    100.17   100.30   100.10   100.39    100.29   100.10   100.10   100.07   100.07   100.06   100.20
IV...........................................    100.88   101.10   100.23   100.72    101.48   100.49   100.50   100.11   100.91    99.77   101.46

1993: I............................................    101.85   101.83   100.47   101.26    102.43   101.06   101.08   100.49   102.15    99.80   102.54
II...........................................    102.38   102.46   101.00   101.38    103.35   101.42   101.45   100.66   102.90    99.72   103.41
III..........................................    102.83   102.80   101.38   101.27    103.93   101.65   101.69   100.66   103.56    99.45   104.25
IV...........................................    103.52   103.57   102.03   101.92    104.79   101.85   101.91   100.80   104.42    99.32   104.64

1994: I............................................    104.16   104.00   102.28   101.90    105.50   102.57   102.64   101.36   105.46    99.69   105.79
II...........................................    104.74   104.68   103.02   102.23    106.37   103.10   103.19   101.89   106.16   100.15   106.36
III..........................................    105.39   105.61   103.85   103.31    107.24   103.63   103.71   102.20   107.37   100.14   107.45
IV...........................................    106.07   106.31   103.94   103.64    108.27   103.96   104.04   102.12   109.00    99.46   108.83

1995: I............................................    106.93   107.05   104.35   103.85    109.37   104.43   104.48   102.21   110.40    99.09   110.17
II...........................................    107.49   107.69   104.43   104.32    110.23   104.86   104.90   102.61   111.19    99.35   110.65
III..........................................    108.03   108.19   104.25   104.70    110.96   104.82   104.88   102.40   111.92    98.83   111.15
IV...........................................    108.60   108.63   104.07   105.05    111.58   104.74   104.83   102.11   112.43    98.29   111.75

1996: I............................................    109.35   109.34   104.25   106.02    112.27   104.57   104.70   101.74   112.97    97.60   112.29
II...........................................    109.86   110.13   103.89   107.04    113.20   104.31   104.50   101.29   113.50    96.84   112.80
III..........................................    110.59   110.80   103.72   107.29    114.29   104.63   104.85   101.21   114.58    96.38   114.37
IV...........................................    111.10   111.61   103.45   108.26    115.26   104.50   104.75   100.82   115.30    95.65   115.10

1997: I............................................    111.78   112.21   103.27   108.90    116.02   104.23   104.52   100.31   116.11    94.72   115.68
II...........................................    112.27   112.49   102.50   108.89    116.70   104.07   104.47    99.93   117.23    93.88   116.65
III..........................................    112.67   112.91   101.74   109.24    117.42   104.11   104.55    99.73   118.44    93.27   117.57
IV p.........................................    113.10   113.27   101.14   109.56    118.04   104.16   104.62    99.53   119.71    92.64   118.47
--------------------------------------------------------------------------------------------------------------------------------------------------------
See next page for continuation of table.


Table B-7.--Chain-type price indexes for gross domestic product, 1959-97--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                  gross investment                            purchases \1\             ------------------------
goods and    ----------------------------------------------          -------------------                         Gross
services                         Federal                      Final                                             domestic
------------------         ----------------------------          sales of                       Gross             purchases \1\
Year or  quarter                                                                                  State                        Less    national    Gross  --------------
Total                                 and    domestic   Total   food and   product  domestic          Less
Total   National    Non-    local    product            energy              product          food
Exports  Imports                     defense  defense                                                            Total    and
energy
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1959............................................................    28.74    20.94    18.10    18.61     18.10    19.51    17.45    22.79     22.44  ........    22.95       1.0     1.0  ......

1960............................................................    29.10    21.14    18.34    18.75     18.20    19.82    17.82    23.11     22.75  ........    23.27       1.4     1.4  ......
1961............................................................    29.51    21.14    18.66    19.01     18.38    20.48    18.24    23.38     23.00  ........    23.54       1.2     1.1  ......
1962............................................................    29.48    20.89    19.15    19.42     18.74    21.12    18.83    23.68     23.28  ........    23.85       1.3     1.2  ......
1963............................................................    29.44    21.30    19.61    19.90     19.19    21.67    19.25    23.97     23.58  ........    24.13       1.2     1.3  ......
1964............................................................    29.64    21.75    20.15    20.58     19.77    22.75    19.63    24.32     23.94  ........    24.49       1.5     1.6  ......
1965............................................................    30.61    22.05    20.73    21.19     20.41    23.22    20.17    24.80     24.39  ........    24.96       1.9     1.9  ......
1966............................................................    31.55    22.56    21.56    21.89     21.07    24.04    21.14    25.51     25.07  ........    25.68       2.8     2.8  ......
1967............................................................    32.80    22.65    22.47    22.55     21.72    24.72    22.35    26.34     25.83  ........    26.49       3.2     3.0  ......
1968............................................................    33.48    23.00    23.74    23.84     22.92    26.34    23.60    27.50     26.95  ........    27.65       4.4     4.3  ......
1969............................................................    34.54    23.60    25.19    25.13     24.18    27.65    25.23    28.80     28.21  ........    28.95       4.7     4.7  ......

1970............................................................    36.04    24.99    27.21    27.08     25.94    30.30    27.31    30.33     29.73  ........    30.49       5.3     5.4  ......
1971............................................................    37.27    26.53    29.33    29.42     28.24    32.71    29.23    31.91     31.32  ........    32.07       5.2     5.3  ......
1972............................................................    38.50    28.44    31.46    32.00     31.01    34.53    30.97    33.26     32.71  ........    33.43       4.2     4.5  ......
1973............................................................    43.78    33.44    33.88    34.51     33.66    36.54    33.32    35.15     34.64  ........    35.32       5.6     5.9  ......
1974............................................................    54.11    48.04    37.45    37.89     37.24    39.31    37.00    38.28     38.17  ........    38.48       8.9    10.2  ......
1975............................................................    59.72    52.13    41.36    41.95     41.10    43.84    40.80    41.90     41.72  ........    42.11       9.4     9.3  ......
1976............................................................    61.62    53.69    43.99    44.63     43.85    46.33    43.38    44.37     44.15  ........    44.58       5.8     5.8  ......
1977............................................................    64.17    58.54    47.11    48.18     47.21    50.34    46.19    47.25     47.18  ........    47.45       6.5     6.9  ......
1978............................................................    68.16    62.68    50.28    51.47     50.82    52.84    49.26    50.71     50.65  ........    50.91       7.3     7.4  ......
1979............................................................    76.48    73.39    54.82    56.10     55.81    56.58    53.73    55.06     55.22  ........    55.26       8.5     9.0  ......

1980............................................................    84.17    91.45    60.86    62.20     62.05    62.34    59.70    60.15     61.10  ........    60.37       9.3    10.7  ......
1981............................................................    90.31    96.39    66.84    68.31     68.23    68.26    65.57    65.82     66.72  ........    66.05       9.4     9.2  ......
1982............................................................    90.76    93.13    71.32    72.94     72.96    72.59    69.93    70.02     70.64    69.04     70.22       6.3     5.9  ......
1983............................................................    91.32    89.64    74.51    76.08     76.20    75.44    73.16    73.00     73.31    71.99     73.20       4.3     3.8     4.3
1984............................................................    92.30    88.90    78.23    80.36     81.23    77.53    76.40    75.77     75.90    74.65     75.97       3.8     3.5     3.7
1985............................................................    89.82    85.99    81.01    82.74     83.51    80.20    79.51    78.43     78.34    77.30     78.57       3.4     3.2     3.5
1986............................................................    88.54    85.95    82.69    83.96     84.49    82.16    81.59    80.51     80.40    80.10     80.62       2.6     2.6     3.6
1987............................................................    90.99    90.99    85.15    85.26     85.62    84.04    85.02    82.98     83.11    82.88     83.08       3.1     3.4     3.5
1988............................................................    96.00    95.35    87.39    87.18     87.30    86.75    87.52    86.06     86.13    86.09     86.12       3.7     3.6     3.9
1989............................................................    97.91    97.81    90.21    89.79     89.79    89.70    90.51    89.69     89.78    89.56     89.75       4.2     4.2     4.0

1990............................................................    98.74   100.37    94.06    92.92     92.92    92.84    94.91    93.62     93.83    93.35     93.66       4.4     4.5     4.2
1991............................................................   100.31   100.02    97.45    96.88     96.47    97.95    97.86    97.31     97.30    97.00     97.33       3.9     3.7     3.9
1992............................................................   100.00   100.00   100.00   100.00    100.00   100.00   100.00   100.00    100.00   100.00    100.00       2.8     2.8     3.1
1993............................................................   100.07    98.75   102.50   102.51    101.77   104.29   102.49   102.65    102.48   102.65    102.64       2.6     2.5     2.7
1994............................................................   101.24    99.39   104.85   104.84    103.63   107.70   104.85   105.11    104.85   105.16    105.08       2.4     2.3     2.4
1995............................................................   103.44   101.62   108.28   108.34    106.83   111.88   108.24   107.79    107.52   107.93    107.74       2.5     2.5     2.6
1996............................................................   101.61    99.41   111.83   112.03    111.02   114.47   111.71   110.28    109.86   110.06    110.19       2.3     2.2     2.0
1997 p..........................................................    99.39    95.52   114.47   114.74    113.66   117.35   114.32   112.56    111.77   111.94   ........      2.0     1.7     1.7

1992: I.........................................................    99.86    98.95    99.16    99.38     99.61    98.82    99.00    99.14     99.04    99.04     99.14       3.4     3.2     3.8
II........................................................   100.10    99.60    99.92   100.01    100.23    99.48    99.86    99.81     99.76    99.76     99.81       2.8     2.9     2.9
III.......................................................   100.07   101.03   100.33   100.44    100.58   100.09   100.25   100.17    100.28   100.25    100.17       1.4     2.1     2.0
IV........................................................    99.98   100.42   100.59   100.17     99.57   101.61   100.89   100.88    100.92   100.94    100.87       2.8     2.6     2.8

1993: I.........................................................    99.97    98.82   101.71   101.79    101.23   103.15   101.65   101.85    101.71   101.82    101.84       3.9     3.2     3.5
II........................................................   100.22    99.45   102.24   101.94    101.39   103.27   102.44   102.38    102.28   102.43    102.37       2.1     2.3     2.4
III.......................................................   100.04    98.55   102.77   102.83    101.97   104.89   102.74   102.84    102.64   102.88    102.83       1.8     1.4     1.8
IV........................................................   100.03    98.19   103.26   103.48    102.48   105.84   103.13   103.53    103.28   103.49    103.51       2.7     2.5     2.4

1994: I.........................................................   100.44    97.64   103.95   104.04    102.90   106.73   103.90   104.17    103.80   104.10    104.16       2.5     2.0     2.4
II........................................................   100.99    98.87   104.61   104.97    103.65   108.08   104.39   104.75    104.46   104.86    104.73       2.2     2.6     3.0
III.......................................................   101.40   100.34   105.07   104.83    103.68   107.57   105.21   105.41    105.24   105.50    105.38       2.5     3.0     2.5
IV........................................................   102.11   100.72   105.75   105.53    104.31   108.42   105.89   106.09    105.88   106.18    106.05       2.6     2.5     2.6

1995: I.........................................................   103.21   101.12   106.92   106.89    105.37   110.44   106.93   106.95    106.66   107.03    106.90       3.3     3.0     3.2
II........................................................   104.09   102.82   107.85   107.59    106.30   110.61   108.00   107.50    107.33   107.70    107.46       2.1     2.5     2.6
III.......................................................   103.57   101.77   108.55   108.33    107.20   111.03   108.67   108.05    107.79   108.22    108.00       2.0     1.7     1.9
IV........................................................   102.88   100.75   109.80   110.56    108.44   115.44   109.35   108.63    108.29   108.77    108.58       2.1     1.9     2.1

1996: I.........................................................   102.50   100.28   111.27   111.85    110.38   115.28   110.92   109.39    109.01   109.38    109.33       2.8     2.7     2.3
II........................................................   102.14    99.83   111.23   111.47    110.58   113.63   111.08   109.91    109.50   109.67    109.83       1.9     1.8     1.1
III.......................................................   101.47    98.76   112.07   112.05    111.16   114.25   112.07   110.65    110.15   110.34    110.55       2.7     2.4     2.5
IV........................................................   100.35    98.75   112.76   112.74    111.94   114.72   112.77   111.17    110.79   110.86    111.06       1.9     2.4     1.9

1997: I.........................................................    99.90    97.42   113.74   114.10    113.14   116.44   113.54   111.85    111.32   111.36    111.73       2.4     1.9     1.8
II........................................................    99.72    95.52   114.14   114.46    113.46   116.87   113.95   112.37    111.55   111.81    112.22       1.8      .8     1.6
III.......................................................    99.21    94.81   114.54   114.71    113.62   117.30   114.44   112.78    111.90   112.10    112.62       1.4     1.3     1.1
IV p......................................................    98.71    94.30   115.47   115.71    114.41   118.76   115.33   113.22    112.31   112.51   ........      1.5     1.5     1.5
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
\1\ Gross domestic product (GDP) less exports of goods and services plus imports of goods and services.
\2\ Percent changes based on unrounded data. Quarterly percent changes are at annual rates.

Source: Department of Commerce, Bureau of Economic Analysis.