[Economic Report of the President (1999)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]



NATIONAL INCOME OR EXPENDITURE


[[Page 348]]


Table B-18.--Private gross fixed investment by type, 1959-98
[Billions of dollars; quarterly data at seasonally adjusted annual rates]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Nonresidential
------------------------------------------------------------------------------------------------------------------
Structures                                  Producers' durable equipment
---------------------------------------------------------------------------------------------------------
Private                         Non-                                      Information processing and               Trans-  Resi-
Year or quarter      fixed    Total               resi-                                            related equipment                   porta-   den-
invest-    non-              dential                  Mining             ----------------------------               tion    tial
ment    resi-   Total\1\  buildings  Utilities  exploration,  Total\1\           Computers          Industrial    and
dential                                   shafts, and                        and              equipment  related
including                wells                Total   peripheral   Other               equip-
farm                                              equipment\2\                       ment
--------------------------------------------------------------------------------------------------------------------------------------------------------
1959..................     74.6    46.5      18.1       10.6       4.9          2.5       28.3     4.0          0.0      4.0       8.4       8.3    28.1

1960..................     75.5    49.2      19.6       12.0       5.0          2.3       29.7     4.7           .2      4.5       9.3       8.5    26.3
1961..................     75.0    48.6      19.7       12.7       4.6          2.3       28.9     5.1           .3      4.8       8.7       8.0    26.4
1962..................     81.8    52.8      20.8       13.7       4.6          2.5       32.1     5.4           .3      5.1       9.2       9.8    29.0
1963..................     87.7    55.6      21.2       13.9       5.0          2.3       34.4     6.1           .7      5.3      10.0       9.4    32.1
1964..................     96.7    62.4      23.7       15.8       5.4          2.4       38.7     6.8           .9      5.8      11.4      10.6    34.3
1965..................    108.3    74.1      28.3       19.5       6.1          2.4       45.8     7.8          1.2      6.6      13.6      13.2    34.2
1966..................    116.7    84.4      31.3       21.3       7.1          2.5       53.0     9.6          1.7      7.9      16.1      14.5    32.3
1967..................    117.6    85.2      31.5       20.6       7.8          2.4       53.7    10.0          1.9      8.1      16.8      14.3    32.4
1968..................    130.8    92.1      33.6       21.1       9.2          2.6       58.5    10.6          1.9      8.6      17.2      17.6    38.7
1969..................    145.5   102.9      37.7       24.4       9.6          2.8       65.2    12.9          2.4     10.4      18.9      18.9    42.6

1970..................    148.1   106.7      40.3       25.4      11.1          2.8       66.4    14.3          2.7     11.6      20.2      16.2    41.4
1971..................    167.5   111.7      42.7       27.1      11.9          2.7       69.1    14.9          2.8     12.1      19.4      18.4    55.8
1972..................    195.7   126.1      47.2       30.1      13.1          3.1       78.9    16.5          3.5     13.1      21.3      21.8    69.7
1973..................    225.4   150.0      55.0       35.5      15.0          3.5       95.1    19.8          3.5     16.3      25.9      26.6    75.3
1974..................    231.5   165.6      61.2       38.3      16.5          5.2      104.3    22.9          3.9     19.0      30.5      26.3    66.0
1975..................    231.7   169.0      61.4       35.6      17.1          7.4      107.6    23.5          3.6     19.9      31.1      25.2    62.7
1976..................    269.6   187.2      65.9       35.9      20.0          8.6      121.2    27.2          4.4     22.8      33.9      30.0    82.5
1977..................    333.5   223.2      74.6       39.9      21.5         11.5      148.7    33.1          5.7     27.5      39.2      39.3   110.3
1978..................    403.6   272.0      91.4       49.7      24.1         15.4      180.6    41.8          7.6     34.2      47.4      47.3   131.6
1979..................    464.0   323.0     114.9       65.7      27.5         19.0      208.1    49.9         10.2     39.8      55.8      53.6   141.0

1980..................    473.5   350.3     133.9       73.7      30.2         27.4      216.4    58.9         12.5     46.4      60.4      48.4   123.2
1981..................    528.1   405.4     164.6       86.3      33.0         42.5      240.9    69.5         17.1     52.3      65.2      50.6   122.6
1982..................    515.6   409.9     175.0       94.5      32.5         44.8      234.9    72.7         18.9     53.9      62.2      46.8   105.7
1983..................    552.0   399.4     152.7       90.5      28.7         30.0      246.7    82.0         23.9     58.1      58.2      53.7   152.5
1984..................    648.1   468.3     176.0      110.0      30.0         31.3      292.3    98.6         31.6     67.0      67.4      64.8   179.8
1985..................    688.9   502.0     193.3      128.0      30.6         27.9      308.7    104.2        33.7     70.5      71.7      69.7   186.9
1986..................    712.9   494.8     175.8      123.3      31.2         15.7      319.0    108.8        33.4     75.4      74.6      71.8   218.1
1987..................    722.9   495.4     172.1      126.0      26.5         13.1      323.3    109.8        35.8     74.0      75.9      70.4   227.6
1988..................    763.1   530.6     181.3      133.3      27.1         15.7      349.3    118.2        38.1     80.1      82.9      76.0   232.5
1989..................    797.5   566.2     192.3      142.7      29.4         14.4      373.9    127.1        43.3     83.8      91.5      71.2   231.3

1990..................    791.6   575.9     200.8      148.9      27.5         17.5      375.1    124.2        38.9     85.2      89.8      75.5   215.7
1991..................    738.5   547.3     181.7      126.1      31.6         17.1      365.6    122.6        38.1     84.5      86.4      79.5   191.2
1992..................    783.4   557.9     169.2      113.2      34.5         13.3      388.7    134.2        43.9     90.2      89.3      86.2   225.6
1993..................    855.7   604.1     176.4      119.2      32.8         16.6      427.7    141.6        48.6     93.0      97.9      99.9   251.6
1994..................    946.6   660.6     184.5      128.7      32.0         16.7      476.1    152.1        51.8    100.3     109.3     118.6   286.0
1995..................  1,012.5   727.7     201.3      143.8      33.9         16.3      526.4    173.0        64.9    108.1     123.8     126.2   284.8
1996..................  1,099.8   787.9     216.9      160.9      31.7         18.1      571.0    189.4        74.4    114.9     131.7     137.2   311.8
1997..................  1,188.6   860.7     240.2      177.3      33.5         22.7      620.5    206.6        81.1    125.5     138.6     152.0   327.9

1993:I................    823.5   580.5     171.7      113.6      33.8         16.0      408.9    137.2        47.1     90.1      94.0      92.9   243.0
II................    842.9   598.8     175.2      117.6      32.7         16.8      423.6    138.1        47.1     91.0      95.4     102.9   244.1
III...............    858.8   606.4     177.8      121.5      32.2         16.8      428.6    145.0        49.8     95.2      98.1      96.4   252.4
IV................    897.5   630.6     180.7      124.2      32.5         16.6      449.9    146.0        50.5     95.5     104.1     107.5   266.8

1994:I................    911.0   634.6     175.4      120.7      32.1         15.7      459.3    147.6        49.9     97.7     105.4     113.1   276.4
II................    941.7   652.9     185.2      130.9      31.6         15.8      467.7    149.4        50.6     98.8     107.0     115.5   288.7
III...............    956.9   667.4     186.8      130.0      32.0         17.0      480.6    152.8        51.5    101.2     110.8     119.8   289.5
IV................    977.0   687.5     190.7      133.2      32.4         18.1      496.8    158.5        55.1    103.4     114.0     126.1   289.5

1995:I................  1,000.0   713.6     197.9      139.7      33.6         17.3      515.6    162.6        56.1    106.4     119.3     131.0   286.4
II................  1,004.3   728.1     201.8      144.2      34.5         15.6      526.3    173.6        64.1    109.6     124.8     125.5   276.2
III...............  1,013.5   729.5     203.0      144.7      34.4         16.2      526.5    174.8        66.6    108.2     125.8     122.5   284.0
IV................  1,032.1   739.5     202.2      146.6      33.2         16.0      537.2    181.1        72.8    108.3     125.3     125.8   292.6

1996:I................  1,059.1   759.0     206.5      151.1      31.9         16.7      552.6    185.0        73.4    111.5     129.6     130.0   300.1
II................  1,089.7   774.8     211.3      157.0      31.2         16.9      563.5    185.2        72.0    113.2     133.1     134.3   315.0
III...............  1,118.1   801.1     218.0      162.4      31.0         18.6      583.1    192.7        75.5    117.2     131.7     143.4   317.0
IV................  1,132.2   816.8     232.1      173.2      32.9         20.3      584.8    194.6        76.8    117.8     132.3     141.2   315.3

1997:I................  1,146.7   827.1     236.2      177.5      32.5         20.6      591.0    197.1        76.8    120.3     132.7     141.5   319.5
II................  1,176.4   850.5     234.3      172.9      33.4         22.2      616.2    202.6        79.9    122.7     138.9     151.9   325.9
III...............  1,211.1   882.3     243.8      180.0      34.1         23.8      638.5    213.0        84.0    129.0     140.7     158.8   328.8
IV................  1,220.1   882.8     246.4      178.9      34.1         24.3      636.4    213.6        83.7    129.9     142.1     155.9   337.4

1998:I................  1,271.1   921.3     245.0      180.6      34.2         23.5      676.3    226.5        91.8    134.7     145.4     172.4   349.8
II................  1,305.8   941.9     245.4      181.8      34.7         22.4      696.6    231.6        94.8    136.8     146.8     181.2   363.8
III...............  1,307.5   931.6     246.2      183.7      35.0         20.7      685.4    235.2        95.6    139.5     147.4     164.0   375.8
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\1\Includes other items, not shown separately.
\2\Includes new computers and peripheral equipment only.

Source: Department of Commerce, Bureau of Economic Analysis.