[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.