[Economic Report of the President (2001)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


NATIONAL INCOME OR EXPENDITURE

 
Table B-1.--Gross domestic product, 1959-2000
[Billions of dollars, except as noted; quarterly data at seasonally adjusted annual rates]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Personal consumption expenditures                    Gross private domestic investment
----------------------------------------------------------------------------------------------------------
Fixed investment
------------------------------------------------
Gross                                                                     Nonresidential                   Change
Year or  quarter            domestic            Durable    Non-      Serv-                     -----------------------------           in  pri-
product    Total     goods    durable     ices     Total                                Equip-     Resi-      vate
goods                        Total             Struc-  ment  and   dential   inven-
Total    tures      soft-              tories
ware
--------------------------------------------------------------------------------------------------------------------------------------------------------
1959..............................      507.4    318.1      42.7     148.5      127.0     78.5     74.6     46.5     18.1       28.4      28.1       3.9

1960..............................      527.4    332.3      43.3     152.9      136.1     78.9     75.7     49.4     19.6       29.8      26.3       3.2
1961..............................      545.7    342.7      41.8     156.6      144.3     78.2     75.2     48.8     19.7       29.1      26.4       3.0
1962..............................      586.5    363.8      46.9     162.8      154.1     88.1     82.0     53.1     20.8       32.3      29.0       6.1
1963..............................      618.7    383.1      51.6     168.2      163.4     93.8     88.1     56.0     21.2       34.8      32.1       5.6
1964..............................      664.4    411.7      56.7     178.7      176.4    102.1     97.2     63.0     23.7       39.2      34.3       4.8
1965..............................      720.1    444.3      63.3     191.6      189.5    118.2    109.0     74.8     28.3       46.5      34.2       9.2
1966..............................      789.3    481.8      68.3     208.8      204.7    131.3    117.7     85.4     31.3       54.0      32.3      13.6
1967..............................      834.1    508.7      70.4     217.1      221.2    128.6    118.7     86.4     31.5       54.9      32.4       9.9
1968..............................      911.5    558.7      80.8     235.7      242.3    141.2    132.1     93.4     33.6       59.9      38.7       9.1
1969..............................      985.3    605.5      85.9     253.2      266.4    156.4    147.3    104.7     37.7       67.0      42.6       9.2

1970..............................    1,039.7    648.9      85.0     272.0      292.0    152.4    150.4    109.0     40.3       68.7      41.4       2.0
1971..............................    1,128.6    702.4      96.9     285.5      320.0    178.2    169.9    114.1     42.7       71.5      55.8       8.3
1972..............................    1,240.4    770.7     110.4     308.0      352.3    207.6    198.5    128.8     47.2       81.7      69.7       9.1
1973..............................    1,385.5    852.5     123.5     343.1      385.9    244.5    228.6    153.3     55.0       98.3      75.3      15.9
1974..............................    1,501.0    932.4     122.3     384.5      425.5    249.4    235.4    169.5     61.2      108.2      66.0      14.0
1975..............................    1,635.2  1,030.3     133.5     420.7      476.1    230.2    236.5    173.7     61.4      112.4      62.7      -6.3
1976..............................    1,823.9  1,149.8     158.9     458.3      532.6    292.0    274.8    192.4     65.9      126.4      82.5      17.1
1977..............................    2,031.4  1,278.4     181.2     497.2      600.0    361.3    339.0    228.7     74.6      154.1     110.3      22.3
1978..............................    2,295.9  1,430.4     201.7     550.2      678.4    436.0    410.2    278.6     91.4      187.2     131.6      25.8
1979..............................    2,566.4  1,596.3     214.4     624.4      757.4    490.6    472.7    331.6    114.9      216.7     141.0      18.0

1980..............................    2,795.6  1,762.9     214.2     696.1      852.7    477.9    484.2    360.9    133.9      227.0     123.2      -6.3
1981..............................    3,131.3  1,944.2     231.3     758.9      954.0    570.8    541.0    418.4    164.6      253.8     122.6      29.8
1982..............................    3,259.2  2,079.3     240.2     787.6    1,051.5    516.1    531.0    425.3    175.0      250.3     105.7     -14.9
1983..............................    3,534.9  2,286.4     281.2     831.2    1,174.0    564.2    570.0    417.4    152.7      264.7     152.5      -5.8
1984..............................    3,932.7  2,498.4     326.9     884.7    1,286.9    735.5    670.1    490.3    176.0      314.3     179.8      65.4
1985..............................    4,213.0  2,712.6     363.3     928.8    1,420.6    736.3    714.5    527.6    193.3      334.3     186.9      21.8
1986..............................    4,452.9  2,895.2     401.3     958.5    1,535.4    747.2    740.7    522.5    175.8      346.8     218.1       6.6
1987..............................    4,742.5  3,105.3     419.7   1,015.3    1,670.3    781.5    754.3    526.7    172.1      354.7     227.6      27.1
1988..............................    5,108.3  3,356.6     450.2   1,082.9    1,823.5    821.1    802.7    568.4    181.6      386.8     234.2      18.5
1989..............................    5,489.1  3,596.7     467.8   1,165.4    1,963.5    872.9    845.2    613.4    193.4      420.0     231.8      27.7

1990..............................    5,803.2  3,831.5     467.6   1,246.1    2,117.8    861.7    847.2    630.3    202.5      427.8     216.8      14.5
1991..............................    5,986.2  3,971.2     443.0   1,278.8    2,249.4    800.2    800.4    608.9    183.4      425.4     191.5       -.2
1992..............................    6,318.9  4,209.7     470.8   1,322.9    2,415.9    866.6    851.6    626.1    172.2      453.9     225.5      15.0
1993..............................    6,642.3  4,454.7     513.4   1,375.2    2,566.1    955.1    934.0    682.2    179.4      502.8     251.8      21.1
1994..............................    7,054.3  4,716.4     560.8   1,438.0    2,717.6  1,097.1  1,034.6    748.6    187.5      561.1     286.0      62.6
1995..............................    7,400.5  4,969.0     589.7   1,497.3    2,882.0  1,143.8  1,110.7    825.1    204.6      620.5     285.6      33.0
1996..............................    7,813.2  5,237.5     616.5   1,574.1    3,047.0  1,242.7  1,212.7    899.4    225.0      674.4     313.3      30.0
1997..............................    8,318.4  5,529.3     642.5   1,641.6    3,245.2  1,390.5  1,327.7    999.4    255.8      743.6     328.2      62.9
1998..............................    8,790.2  5,850.9     693.9   1,707.6    3,449.3  1,549.9  1,472.9  1,107.5    283.2      824.3     365.4      77.0
1999 .............................    9,299.2  6,268.7     761.3   1,845.5    3,661.9  1,650.1  1,606.8  1,203.1    285.6      917.4     403.8      43.3

1995: I...........................    7,297.5  4,868.6     578.2   1,475.8    2,814.7  1,162.8  1,100.1    812.5    200.5      612.0     287.6      62.7
II..........................    7,342.6  4,943.7     584.4   1,492.2    2,867.1  1,133.1  1,097.2    820.3    204.8      615.5     276.9      35.8
III.........................    7,432.8  5,005.2     596.2   1,502.6    2,906.3  1,123.5  1,110.1    825.2    206.2      619.0     284.9      13.4
IV..........................    7,529.3  5,058.4     600.0   1,518.5    2,939.9  1,155.6  1,135.4    842.3    207.0      635.3     293.1      20.2

1996: I...........................    7,629.6  5,130.5     606.4   1,539.6    2,984.4  1,172.4  1,165.6    865.1    213.4      651.7     300.5       6.8
II..........................    7,782.7  5,218.0     621.3   1,569.4    3,027.4  1,231.5  1,201.7    885.4    220.0      665.4     316.3      29.8
III.........................    7,859.0  5,263.7     616.7   1,578.8    3,068.2  1,282.6  1,232.6    913.6    226.3      687.3     319.0      50.0
IV..........................    7,981.4  5,337.9     621.5   1,608.4    3,107.9  1,284.3  1,250.9    933.7    240.3      693.4     317.2      33.5

1997: I...........................    8,124.2  5,429.9     635.1   1,626.8    3,168.0  1,324.2  1,275.5    955.5    246.9      708.6     320.0      48.8
II..........................    8,279.8  5,470.8     624.4   1,627.3    3,219.1  1,397.7  1,310.0    984.3    247.7      736.6     325.7      87.7
III.........................    8,390.9  5,575.9     652.4   1,653.1    3,270.4  1,405.7  1,355.8  1,026.0    260.6      765.4     329.8      49.9
IV..........................    8,478.6  5,640.6     658.3   1,659.0    3,323.3  1,434.5  1,369.3  1,031.8    267.9      764.0     337.5      65.1

1998: I...........................    8,634.7  5,712.6     670.5   1,672.5    3,369.7  1,532.1  1,419.7  1,073.0    275.1      797.9     346.7     112.4
II..........................    8,722.0  5,811.4     689.3   1,694.8    3,427.4  1,523.9  1,465.4  1,105.8    286.3      819.5     359.6      58.5
III.........................    8,829.1  5,893.4     692.5   1,717.9    3,482.9  1,553.0  1,482.4  1,110.5    283.9      826.6     371.9      70.5
IV..........................    8,974.9  5,986.0     723.4   1,745.2    3,517.4  1,590.8  1,524.1  1,140.7    287.6      853.1     383.4      66.6

1999: I...........................    9,104.5  6,095.3     733.9   1,786.4    3,575.0  1,609.8  1,560.6  1,165.3    287.2      878.1     395.3      49.2
II..........................    9,191.5  6,213.2     756.3   1,825.3    3,631.5  1,607.9  1,593.4  1,188.0    283.7      904.3     405.4      14.5
III.........................    9,340.9  6,319.9     767.2   1,860.0    3,692.7  1,659.1  1,622.4  1,216.8    281.2      935.6     405.6      36.7
IV .........................    9,559.7  6,446.2     787.6   1,910.2    3,748.5  1,723.7  1,651.0  1,242.2    290.4      951.8     408.8      72.7

2000: I...........................    9,752.7  6,621.7     826.3   1,963.9    3,831.6  1,755.7  1,725.8  1,308.5    308.9      999.6     417.3      29.9
II..........................    9,945.7  6,706.3     814.3   1,997.6    3,894.4  1,852.6  1,780.5  1,359.2    315.1    1,044.1     421.3      72.0
III ........................   10,039.4  6,810.8     824.7   2,031.5    3,954.6  1,869.3  1,803.0  1,390.6    330.1    1,060.5     412.4      66.4
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See next page for continuation of table.


Table B-1.--Gross domestic product, 1959-2000--Continued
[Billions of dollars, except as noted; quarterly data at seasonally adjusted annual rates]
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Net exports of goods  and     Government consumption expenditures  and gross                                       Percent change
services                               investment                                                         from preceding
---------------------------------------------------------------------------------   Final      Gross      Adden-          period
Federal                       sales of    domes-      dum:   --------------------
Year or  quarter                                                              ------------------------------             domes-   tic  pur-    Gross      Gross     Gross
Net                                                                   State      tic                 national   domes-     domes-
exports   Exports   Imports     Total              Nation-  Non-  de-    and     product   chases\1\    prod-       tic    tic  pur-
Total    al  de-     fense    local                           uct\2\     prod-     chases
fense                                                           uct       \1\
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1959.....................................................      -1.7      20.6       22.3     112.5      67.4      56.0      11.4     45.1      503.5      509.1      510.3        8.4        8.9

1960.....................................................       2.4      25.3       22.8     113.8      65.9      55.2      10.7     47.9      524.1      525.0      530.6        3.9        3.1
1961.....................................................       3.4      26.0       22.7     121.5      69.5      58.1      11.3     52.0      542.7      542.3      549.3        3.5        3.3
1962.....................................................       2.4      27.4       25.0     132.2      76.9      62.8      14.1     55.3      580.4      584.1      590.7        7.5        7.7
1963.....................................................       3.3      29.4       26.1     138.5      78.5      62.7      15.8     59.9      613.1      615.4      623.2        5.5        5.4
1964.....................................................       5.5      33.6       28.1     145.1      79.8      61.8      18.0     65.3      659.6      658.9      669.4        7.4        7.1
1965.....................................................       3.9      35.4       31.5     153.7      82.1      62.4      19.7     71.6      710.9      716.2      725.5        8.4        8.7
1966.....................................................       1.9      38.9       37.1     174.3      94.4      73.8      20.7     79.9      775.7      787.4      794.5        9.6        9.9
1967.....................................................       1.4      41.4       39.9     195.3     106.8      85.8      21.0     88.6      824.2      832.6      839.5        5.7        5.7
1968.....................................................      -1.3      45.3       46.6     212.8     114.0      92.2      21.8     98.8      902.4      912.7      917.6        9.3        9.6
1969.....................................................      -1.2      49.3       50.5     224.6     116.1      92.6      23.5    108.5      976.2      986.5      991.5        8.1        8.1

1970.....................................................       1.2      57.0       55.8     237.1     116.4      90.9      25.5    120.7    1,037.7    1,038.5    1,046.1        5.5        5.3
1971.....................................................      -3.0      59.3       62.3     251.0     117.6      89.0      28.6    133.5    1,120.3    1,131.6    1,136.2        8.6        9.0
1972.....................................................      -8.0      66.2       74.2     270.1     125.6      93.5      32.2    144.4    1,231.3    1,248.4    1,249.1        9.9       10.3
1973.....................................................        .6      91.8       91.2     287.9     127.8      93.9      33.9    160.1    1,369.7    1,384.9    1,398.2       11.7       10.9
1974.....................................................      -3.1     124.3      127.5     322.4     138.2      99.7      38.5    184.2    1,487.0    1,504.2    1,516.7        8.3        8.6
1975.....................................................      13.6     136.3      122.7     361.1     152.1     107.9      44.2    209.0    1,641.4    1,621.6    1,648.4        8.9        7.8
1976.....................................................      -2.3     148.9      151.1     384.5     160.6     113.2      47.4    223.9    1,806.8    1,826.2    1,841.0       11.5       12.6
1977.....................................................     -23.7     158.8      182.4     415.3     176.0     122.6      53.5    239.3    2,009.1    2,055.1    2,052.1       11.4       12.5
1978.....................................................     -26.1     186.1      212.3     455.6     191.9     132.0      59.8    263.8    2,270.1    2,322.0    2,318.0       13.0       13.0
1979.....................................................     -24.0     228.7      252.7     503.5     211.6     146.7      65.0    291.8    2,548.4    2,590.4    2,599.3       11.8       11.6

1980.....................................................     -14.9     278.9      293.8     569.7     245.3     169.6      75.6    324.4    2,801.9    2,810.5    2,830.8        8.9        8.5
1981.....................................................     -15.0     302.8      317.8     631.4     281.8     197.8      84.0    349.6    3,101.5    3,146.3    3,166.1       12.0       12.0
1982.....................................................     -20.5     282.6      303.2     684.4     312.8     228.3      84.5    371.6    3,274.1    3,279.8    3,295.7        4.1        4.2
1983.....................................................     -51.7     277.0      328.6     735.9     344.4     252.5      92.0    391.5    3,540.7    3,586.6    3,571.8        8.5        9.4
1984.....................................................    -102.0     303.1      405.1     800.8     376.4     283.5      92.8    424.4    3,867.3    4,034.7    3,968.1       11.3       12.5
1985.....................................................    -114.2     303.0      417.2     878.3     413.4     312.4     101.0    464.9    4,191.2    4,327.2    4,238.4        7.1        7.2
1986.....................................................    -131.9     320.3      452.2     942.3     438.7     332.2     106.5    503.6    4,446.3    4,584.7    4,468.3        5.7        6.0
1987.....................................................    -142.3     365.6      507.9     997.9     460.4     351.2     109.3    537.5    4,715.3    4,884.7    4,756.2        6.5        6.5
1988.....................................................    -106.3     446.9      553.2   1,036.9     462.6     355.9     106.8    574.3    5,089.8    5,214.6    5,126.8        7.7        6.8
1989.....................................................     -80.7     509.0      589.7   1,100.2     482.6     363.2     119.3    617.7    5,461.4    5,569.8    5,509.4        7.5        6.8

1990.....................................................     -71.4     557.2      628.6   1,181.4     508.4     374.9     133.6    673.0    5,788.7    5,874.7    5,832.2        5.7        5.5
1991.....................................................     -20.7     601.6      622.3   1,235.5     527.4     384.5     142.9    708.1    5,986.4    6,006.9    6,010.9        3.2        2.3
1992.....................................................     -27.9     636.8      664.6   1,270.5     534.5     378.5     156.0    736.0    6,303.9    6,346.8    6,342.3        5.6        5.7
1993.....................................................     -60.5     658.0      718.5   1,293.0     527.3     364.9     162.4    765.7    6,621.2    6,702.8    6,666.7        5.1        5.6
1994.....................................................     -87.1     725.1      812.1   1,327.9     521.1     355.1     165.9    806.8    6,991.8    7,141.4    7,071.1        6.2        6.5
1995.....................................................     -84.3     818.6      902.8   1,372.0     521.5     350.6     170.9    850.5    7,367.5    7,484.8    7,420.9        4.9        4.8
1996.....................................................     -89.0     874.2      963.1   1,421.9     531.6     357.0     174.6    890.4    7,783.2    7,902.1    7,831.2        5.6        5.6
1997.....................................................     -89.3     966.4    1,055.8   1,487.9     538.2     352.6     185.6    949.7    8,255.5    8,407.7    8,325.4        6.5        6.4
1998.....................................................    -151.5     966.0    1,117.5   1,540.9     540.6     349.2     191.4  1,000.3    8,713.2    8,941.7    8,786.7        5.7        6.4
1999 ....................................................    -254.0     990.2    1,244.2   1,634.4     568.6     365.0     203.5  1,065.8    9,255.9    9,553.2    9,288.2        5.8        6.8

1995: I..................................................     -94.5     787.7      882.2   1,360.6     523.4     352.2     171.2    837.1    7,234.8    7,392.0    7,318.9        4.5        4.5
II.................................................    -109.0     802.5      911.5   1,374.9     525.5     353.9     171.6    849.4    7,306.8    7,451.6    7,367.9        2.5        3.3
III................................................     -74.2     834.1      908.3   1,378.3     525.0     352.7     172.3    853.3    7,419.4    7,507.0    7,444.1        5.0        3.0
IV.................................................     -59.3     850.0      909.3   1,374.5     512.3     343.6     168.7    862.2    7,509.1    7,588.5    7,552.7        5.3        4.4

1996: I..................................................     -75.8     853.3      929.1   1,402.6     530.6     356.1     174.5    872.0    7,622.8    7,705.4    7,656.5        5.4        6.3
II.................................................     -89.8     864.7      954.5   1,423.0     537.2     361.3     175.9    885.7    7,752.9    7,872.4    7,800.3        8.3        9.0
III................................................    -110.6     865.6      976.1   1,423.4     529.1     355.6     173.5    894.3    7,809.0    7,969.6    7,870.5        4.0        5.0
IV.................................................     -79.7     913.1      992.8   1,438.9     529.4     355.0     174.5    909.4    7,947.9    8,061.1    7,997.7        6.4        4.7

1997: I..................................................     -89.2     927.8    1,017.1   1,459.2     529.2     346.4     182.8    930.0    8,075.4    8,213.4    8,131.8        7.3        7.8
II.................................................     -75.0     966.8    1,041.7   1,486.3     543.4     355.0     188.4    942.9    8,192.1    8,354.7    8,291.8        7.9        7.1
III................................................     -88.6     988.7    1,077.3   1,498.0     541.3     354.7     186.6    956.6    8,341.1    8,479.5    8,397.7        5.5        6.1
IV.................................................    -104.6     982.4    1,087.0   1,508.2     538.9     354.4     184.5    969.3    8,413.5    8,583.2    8,480.4        4.2        5.0

1998: I..................................................    -117.5     975.0    1,092.6   1,507.6     528.0     338.6     189.3    979.6    8,522.4    8,752.3    8,640.3        7.6        8.1
II.................................................    -151.8     962.8    1,114.7   1,538.6     544.9     349.3     195.6    993.7    8,663.5    8,873.8    8,725.0        4.1        5.7
III................................................    -167.6     947.8    1,115.4   1,550.3     541.4     355.0     186.4  1,008.9    8,758.5    8,996.7    8,814.9        5.0        5.7
IV.................................................    -169.0     978.3    1,147.3   1,567.2     548.0     353.8     194.2  1,019.2    8,908.3    9,143.9    8,966.6        6.8        6.7

1999: I..................................................    -196.1     957.3    1,153.4   1,595.5     554.1     356.5     197.6  1,041.4    9,055.3    9,300.6    9,097.2        5.9        7.0
II.................................................    -240.4     973.0    1,213.4   1,610.9     558.3     355.3     203.0  1,052.6    9,177.0    9,432.0    9,181.8        3.9        5.8
III................................................    -280.5     999.5    1,280.0   1,642.4     570.4     367.5     202.8  1,072.1    9,304.2    9,621.4    9,327.3        6.7        8.3
IV ................................................    -299.1   1,031.0    1,330.1   1,688.8     591.6     380.8     210.7  1,097.3    9,486.9    9,858.8    9,546.3        9.7       10.2

2000: I..................................................    -335.2   1,051.9    1,387.1   1,710.4     580.1     366.6     213.5  1,130.4    9,722.8   10,087.9    9,745.0        8.3        9.6
II.................................................    -355.4   1,092.9    1,448.3   1,742.2     604.5     381.9     222.6  1,137.7    9,873.7   10,301.1    9,937.4        8.2        8.7
III ...............................................    -389.5   1,130.8    1,520.3   1,748.8     594.2     375.0     219.2  1,154.6    9,973.1   10,429.0   10,030.5        3.8        5.1
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\1\ Gross domestic product (GDP) less exports of goods and services plus imports of goods and services.
\2\ GDP plus net income receipts from rest of the world.

Source: Department of Commerce, Bureau of Economic Analysis.