[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 332]] Table B-5.--Contributions to percent change in real gross domestic product, 1959-98 [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 product --------------------------- in Year or quarter Durable Non- Pro- busi- (percent Total goods durable Services Total ducers' Resi- ness change) goods Total Struc- dential inven- Total tures durable tories equip- ment -------------------------------------------------------------------------------------------------------------------------------------------------------- 1959...................................... 7.4 3.65 1.07 1.25 1.33 2.90 1.97 0.75 0.09 0.66 1.22 0.93 1960...................................... 2.4 1.71 .17 .44 1.10 -.07 .12 .51 .28 .23 -.39 -.19 1961...................................... 2.3 1.27 -.31 .53 1.05 -.16 -.07 -.08 .05 -.13 .01 -.09 1962...................................... 6.1 3.11 .89 .90 1.31 1.83 1.24 .77 .16 .61 .46 .60 1963...................................... 4.3 2.54 .78 .58 1.18 .96 1.03 .45 .04 .41 .58 -.07 1964...................................... 5.8 3.72 .77 1.34 1.61 1.25 1.35 1.05 .36 .70 .30 -.10 1965...................................... 6.4 3.91 1.07 1.43 1.41 2.15 1.47 1.63 .57 1.05 -.15 .68 1966...................................... 6.5 3.53 .73 1.46 1.34 1.38 .82 1.25 .27 .98 -.43 .56 1967...................................... 2.5 1.82 .14 .42 1.26 -.72 -.30 -.17 -.10 -.07 -.13 -.43 1968...................................... 4.7 3.48 .93 1.18 1.37 .80 .97 .44 .05 .39 .53 -.17 1969...................................... 3.0 2.29 .31 .69 1.29 .89 .86 .73 .20 .53 .13 .03 1970...................................... .1 1.44 -.28 .63 1.09 -1.10 -.36 -.10 .01 -.12 -.26 -.74 1971...................................... 3.3 2.32 .81 .47 1.04 1.66 1.08 -.01 -.07 .05 1.10 .58 1972...................................... 5.5 3.72 1.08 1.11 1.54 1.87 1.78 .89 .12 .77 .89 .10 1973...................................... 5.8 3.01 .90 .83 1.28 1.99 1.43 1.47 .31 1.16 -.04 .56 1974...................................... -.6 -.44 -.61 -.50 .67 -1.45 -1.07 .06 -.09 .14 -1.13 -.38 1975...................................... -.4 1.36 .00 .38 .98 -3.04 -1.75 -1.18 -.43 -.75 -.57 -1.29 1976...................................... 5.4 3.54 1.04 1.27 1.23 2.81 1.41 .50 .09 .41 .91 1.40 1977...................................... 4.7 2.69 .80 .65 1.24 2.49 2.19 1.22 .18 1.04 .98 .30 1978...................................... 5.4 2.71 .47 .86 1.39 2.03 1.88 1.51 .41 1.10 .37 .15 1979...................................... 2.8 1.45 -.04 .56 .94 .44 .93 1.14 .51 .64 -.21 -.49 1980...................................... -.3 -.22 -.67 -.11 .56 -2.16 -1.23 -.06 .30 -.36 -1.17 -.93 1981...................................... 2.3 .77 .09 .22 .47 1.54 .32 .67 .39 .29 -.35 1.22 1982...................................... -2.1 .72 -.01 .14 .58 -2.56 -1.29 -.57 -.08 -.49 -.71 -1.27 1983...................................... 4.0 3.31 1.07 .71 1.53 1.42 1.12 -.21 -.54 .33 1.33 .30 1984...................................... 7.0 3.35 1.14 .83 1.38 4.57 2.56 1.93 .61 1.32 .63 2.01 1985...................................... 3.6 2.98 .80 .52 1.66 -.21 .80 .73 .33 .41 .06 -1.00 1986...................................... 3.1 2.58 .77 .70 1.11 -.25 .12 -.42 -.50 .07 .54 -.37 1987...................................... 2.9 2.01 .13 .42 1.46 .20 -.11 -.12 -.14 .02 .01 .31 1988...................................... 3.8 2.60 .55 .61 1.44 .13 .36 .46 .02 .44 -.10 -.23 1989...................................... 3.4 1.54 .23 .49 .82 .65 .25 .42 .08 .34 -.17 .40 1990...................................... 1.2 1.10 -.05 .21 .94 -.85 -.46 -.06 .04 -.10 -.39 -.39 1991...................................... -.9 -.43 -.52 -.22 .31 -1.30 -1.09 -.64 -.37 -.27 -.46 -.21 1992...................................... 2.7 1.86 .43 .31 1.12 .85 .67 .15 -.20 .35 .53 .18 1993...................................... 2.3 1.98 .56 .46 .96 1.17 .95 .67 .03 .65 .27 .22 1994...................................... 3.5 2.23 .58 .60 1.06 1.73 1.12 .74 .03 .71 .39 .61 1995...................................... 2.3 1.81 .41 .41 .99 .30 .75 .91 .13 .78 -.16 -.45 1996...................................... 3.4 2.17 .52 .48 1.18 1.26 1.21 .92 .14 .78 .29 .04 1997...................................... 3.9 2.31 .56 .49 1.26 1.65 1.18 1.08 .20 .88 .10 .47 1993:I.................................... .1 .45 -.10 -.23 .79 3.43 .92 .88 .25 .63 .04 2.50 II.................................... 2.0 2.31 .97 .66 .67 .04 1.04 1.10 .15 .95 -.06 -1.00 III................................... 2.1 2.80 .66 .56 1.56 .78 .84 .44 .09 .35 .40 -.06 IV.................................... 5.3 1.98 .76 .31 .91 2.84 2.27 1.43 .09 1.34 .82 .56 1994:I.................................... 3.0 2.60 .52 1.01 1.05 2.21 .43 .04 -.43 .47 .39 1.77 II.................................... 4.7 2.02 .31 .43 1.28 2.93 1.55 .90 .51 .39 .64 1.37 III................................... 1.8 1.58 .35 .45 .77 -.92 .56 .70 -.03 .73 -.13 -1.47 IV.................................... 3.6 2.18 .87 .54 .75 1.84 .93 1.14 .06 1.08 -.21 .90 1995:I.................................... 1.7 1.25 -.09 .45 .88 .63 1.09 1.47 .27 1.19 -.37 -.46 II.................................... .4 2.26 .47 .31 1.46 -1.79 .05 .67 .14 .54 -.62 -1.84 III................................... 3.3 1.77 .66 .15 .95 .09 .47 .10 -.01 .11 .37 -.39 IV.................................... 2.8 1.57 .39 .41 .77 1.26 1.00 .61 -.11 .71 .40 .25 1996:I.................................... 3.3 2.50 .48 .45 1.57 1.33 1.65 1.29 .17 1.12 .36 -.32 II.................................... 6.1 3.21 1.03 .96 1.20 2.45 1.83 1.09 .20 .89 .73 .61 III................................... 2.1 1.26 -.16 .24 1.18 2.48 1.29 1.37 .24 1.12 -.07 1.17 IV.................................... 4.2 1.97 .58 .57 .81 -.12 .72 .88 .64 .24 -.16 -.83 1997:I.................................... 4.2 2.91 .98 .71 1.20 2.17 .83 .71 .11 .59 .12 1.33 II.................................... 4.0 1.08 -.13 -.04 1.26 2.92 1.63 1.39 -.19 1.58 .24 1.27 III................................... 4.2 4.19 1.30 1.00 1.85 .23 1.66 1.67 .35 1.32 -.02 -1.41 IV.................................... 3.0 1.88 .26 -.08 1.70 1.34 .48 .16 .03 .13 .32 .85 1998:I.................................... 5.5 4.09 1.23 1.41 1.40 4.07 2.82 2.21 -.15 2.36 .60 1.22 II.................................... 1.8 4.09 .91 1.01 2.14 -.75 1.95 1.35 -.07 1.42 .60 -2.66 III................................... 3.7 2.78 .20 .42 2.15 1.22 .33 -.08 .01 -.09 .41 .89 -------------------------------------------------------------------------------------------------------------------------------------------------------- See next page for continuation of table. [[Page 333]] Table B-5.--Contributions to percent change in real gross domestic product, 1959-98--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...................................... -0.41 0.04 -0.02 0.06 -0.45 -0.48 0.03 1.28 0.96 0.31 0.65 0.32 1960...................................... .79 .85 .76 .09 -.06 .05 -.11 -.05 -.41 -.22 -.18 .36 1961...................................... .11 .08 .02 .06 .03 .00 .03 1.05 .49 .43 .05 .56 1962...................................... -.21 .25 .17 .09 -.47 -.40 -.07 1.34 1.06 .63 .43 .28 1963...................................... .24 .35 .29 .06 -.11 -.12 .00 .52 -.05 -.27 .22 .57 1964...................................... .41 .63 .52 .12 -.23 -.19 -.04 .45 -.22 -.44 .23 .66 1965...................................... -.35 .10 .02 .08 -.45 -.41 -.04 .66 .00 -.19 .19 .66 1966...................................... -.32 .33 .27 .06 -.65 -.49 -.16 1.94 1.30 1.26 .04 .65 1967...................................... -.23 .11 .02 .09 -.34 -.17 -.17 1.68 1.18 1.21 -.03 .50 1968...................................... -.35 .36 .30 .06 -.70 -.68 -.03 .73 .13 .20 -.07 .60 1969...................................... -.02 .27 .20 .07 -.29 -.20 -.09 -.13 -.43 -.49 .05 .30 1970...................................... .32 .54 .44 .10 -.22 -.15 -.07 -.54 -.85 -.81 -.04 .31 1971...................................... -.25 .04 -.02 .05 -.29 -.33 .04 -.42 -.80 -.90 .10 .38 1972...................................... -.20 .42 .43 -.01 -.62 -.57 -.05 .08 -.18 -.35 .17 .26 1973...................................... .93 1.21 1.01 .21 -.28 -.34 .06 -.15 -.50 -.49 -.01 .35 1974...................................... .89 .68 .46 .22 .21 .17 .03 .36 -.06 -.19 .13 .42 1975...................................... .90 -.06 -.16 .10 .96 .88 .08 .34 -.02 -.10 .07 .36 1976...................................... -.97 .49 .32 .17 -1.45 -1.35 -.10 .01 -.09 -.13 .03 .11 1977...................................... -.71 .20 .08 .11 -.90 -.84 -.06 .19 .14 .04 .10 .05 1978...................................... .03 .81 .68 .13 -.78 -.67 -.11 .60 .18 .01 .17 .42 1979...................................... .63 .79 .77 .02 -.16 -.14 -.02 .32 .13 .10 .03 .19 1980...................................... 1.69 .97 .86 .11 .71 .67 .04 .36 .36 .21 .14 .00 1981...................................... -.15 .12 -.08 .20 -.27 -.18 -.09 .14 .37 .34 .03 -.23 1982...................................... -.55 -.67 -.67 .00 .12 .21 -.08 .27 .30 .45 -.15 -.03 1983...................................... -1.36 -.22 -.19 -.04 -1.14 -1.01 -.13 .60 .52 .41 .12 .08 1984...................................... -1.58 .64 .46 .18 -2.22 -1.84 -.39 .66 .24 .30 -.06 .42 1985...................................... -.45 .21 .20 .01 -.65 -.52 -.13 1.24 .66 .54 .12 .58 1986...................................... -.31 .52 .27 .26 -.83 -.83 -.01 1.06 .45 .38 .07 .61 1987...................................... .16 .80 .56 .23 -.63 -.40 -.24 .58 .30 .30 .00 .28 1988...................................... .82 1.25 1.05 .20 -.43 -.36 -.07 .27 -.18 -.07 -.11 .45 1989...................................... .60 1.02 .80 .23 -.43 -.37 -.05 .57 .12 -.07 .19 .45 1990...................................... .37 .78 .55 .23 -.42 -.27 -.15 .61 .17 .00 .17 .43 1991...................................... .67 .60 .48 .12 .07 .00 .07 .13 -.04 -.07 .02 .17 1992...................................... -.12 .62 .46 .16 -.74 -.76 .02 .08 -.20 -.36 .17 .28 1993...................................... -.64 .30 .24 .06 -.94 -.90 -.04 -.19 -.36 -.34 -.02 .17 1994...................................... -.50 .82 .69 .13 -1.32 -1.22 -.10 .00 -.30 -.27 -.03 .30 1995...................................... .14 1.17 .92 .25 -1.03 -.94 -.10 .03 -.24 -.20 -.04 .28 1996...................................... -.19 .95 .76 .18 -1.13 -1.02 -.11 .20 -.08 -.06 -.01 .28 1997...................................... -.27 1.43 1.21 .22 -1.71 -1.51 -.20 .24 -.11 -.15 .04 .35 1993:I.................................... -1.48 -.19 -.69 .50 -1.30 -1.72 .42 -2.28 -2.22 -1.80 -.43 -.06 II.................................... -.50 .81 .70 .11 -1.31 -1.21 -.10 .19 -.27 -.16 -.11 .47 III................................... -1.26 -.85 -.81 -.04 -.41 -.32 -.09 -.17 -.40 -.35 -.05 .24 IV.................................... .18 2.01 1.90 .10 -1.82 -1.51 -.31 .26 -.01 -.02 .00 .27 1994:I.................................... -1.02 -.20 -.27 .07 -.83 -.78 -.05 -.80 -.88 -.96 .09 .08 II.................................... -.34 1.67 1.30 .37 -2.02 -1.94 -.08 .08 -.37 .05 -.42 .46 III................................... -.39 1.04 .98 .06 -1.43 -1.44 .01 1.52 .93 .66 .27 .58 IV.................................... .34 1.45 1.24 .21 -1.11 -1.13 .02 -.75 -.89 -1.03 .15 .14 1995:I.................................... -.17 .91 .64 .27 -1.09 -.72 -.37 .02 -.18 -.08 -.11 .21 II.................................... -.26 .54 .45 .09 -.80 -.87 .07 .22 -.14 .01 -.14 .36 III................................... 1.60 1.81 1.16 .64 -.20 -.14 -.06 -.15 -.19 -.27 .08 .05 IV.................................... .70 1.10 .89 .21 -.40 -.29 -.11 -.78 -1.10 -.63 -.84 .33 1996:I.................................... -1.10 .43 .57 -.14 -1.54 -1.36 -.18 .59 .53 .32 .20 .06 II.................................... -.94 .65 .33 .33 -1.60 -1.52 -.09 1.28 .54 .37 .17 .74 III................................... -1.33 .23 .57 -.34 -1.58 -1.38 -.19 -.30 -.33 -.30 -.03 .04 IV.................................... 2.35 3.22 2.06 1.14 -.85 -.88 .02 .00 -.44 -.39 -.05 .44 1997:I.................................... -1.24 .95 1.19 -.24 -2.21 -1.87 -.34 .37 -.18 -.46 .27 .55 II.................................... -.45 1.76 1.37 .38 -2.21 -1.99 -.21 .38 .23 .38 -.15 .15 III................................... -.47 1.22 1.02 .20 -1.69 -1.38 -.31 .25 -.08 -.08 .00 .33 IV.................................... -.30 .53 .67 -.14 -.83 -.71 -.12 .02 -.14 -.09 -.05 .15 1998:I.................................... -2.24 -.33 -.29 -.04 -1.94 -1.75 -.19 -.34 -.57 -.84 .26 .24 II.................................... -2.08 -.92 -.98 .06 -1.18 -1.19 .01 .64 .44 .38 .06 .20 III................................... -.62 -.32 .04 -.36 -.30 -.32 .01 .27 -.09 .17 -.26 .35 -------------------------------------------------------------------------------------------------------------------------------------------------------- Source: Department of Commerce, Bureau of Economic Analysis.