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


 
Table B-2.--Real gross domestic product, 1959-2000
[Billions of chained (1996) dollars, except as noted; quarterly data at seasonally adjusted annual rates]
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Personal consumption expenditures                         Gross private domestic investment
-------------------------------------------------------------------------------------------------------------------
Fixed investment
-------------------------------------------------------
Gross                                                                        Nonresidential                        Change
Year or  quarter                           domestic                         Non-                                 --------------------------------              in  pri-
product    Total    Durable   durable   Services    Total                                    Equip-                   vate
goods     goods                          Total                           ment    Residential   inven-
Total   Structures     and                  tories
soft-
ware
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1959..............................................................   2,319.0   1,470.7  ........  .........  ........     272.9  ........  ........  ..........  ........  ...........  ........

1960..............................................................   2,376.7   1,510.8  ........  .........  ........     272.8  ........  ........  ..........  ........  ...........  ........
1961..............................................................   2,432.0   1,541.2  ........  .........  ........     271.0  ........  ........  ..........  ........  ...........  ........
1962..............................................................   2,578.9   1,617.3  ........  .........  ........     305.3  ........  ........  ..........  ........  ...........  ........
1963..............................................................   2,690.4   1,684.0  ........  .........  ........     325.7  ........  ........  ..........  ........  ...........  ........
1964..............................................................   2,846.5   1,784.8  ........  .........  ........     352.6  ........  ........  ..........  ........  ...........  ........
1965..............................................................   3,028.5   1,897.6  ........  .........  ........     402.0  ........  ........  ..........  ........  ...........  ........
1966..............................................................   3,227.5   2,006.1  ........  .........  ........     437.3  ........  ........  ..........  ........  ...........  ........
1967..............................................................   3,308.3   2,066.2  ........  .........  ........     417.2  ........  ........  ..........  ........  ...........  ........
1968..............................................................   3,466.1   2,184.2  ........  .........  ........     441.3  ........  ........  ..........  ........  ...........  ........
1969..............................................................   3,571.4   2,264.8  ........  .........  ........     466.9  ........  ........  ..........  ........  ...........  ........

1970..............................................................   3,578.0   2,317.5  ........  .........  ........     436.2  ........  ........  ..........  ........  ...........  ........
1971..............................................................   3,697.7   2,405.2  ........  .........  ........     485.8  ........  ........  ..........  ........  ...........  ........
1972..............................................................   3,898.4   2,550.5  ........  .........  ........     543.0  ........  ........  ..........  ........  ...........  ........
1973..............................................................   4,123.4   2,675.9  ........  .........  ........     606.5  ........  ........  ..........  ........  ...........  ........
1974..............................................................   4,099.0   2,653.7  ........  .........  ........     561.7  ........  ........  ..........  ........  ...........  ........
1975..............................................................   4,084.4   2,710.9  ........  .........  ........     462.2  ........  ........  ..........  ........  ...........  ........
1976..............................................................   4,311.7   2,868.9  ........  .........  ........     555.5  ........  ........  ..........  ........  ...........  ........
1977..............................................................   4,511.8   2,992.1  ........  .........  ........     639.4  ........  ........  ..........  ........  ...........  ........
1978..............................................................   4,760.6   3,124.7  ........  .........  ........     713.0  ........  ........  ..........  ........  ...........  ........
1979..............................................................   4,912.1   3,203.2  ........  .........  ........     735.4  ........  ........  ..........  ........  ...........  ........

1980..............................................................   4,900.9   3,193.0  ........  .........  ........     655.3  ........  ........  ..........  ........  ...........  ........
1981..............................................................   5,021.0   3,236.0  ........  .........  ........     715.6  ........  ........  ..........  ........  ...........  ........
1982..............................................................   4,919.3   3,275.5  ........  .........  ........     615.2  ........  ........  ..........  ........  ...........  ........
1983..............................................................   5,132.3   3,454.3  ........  .........  ........     673.7  ........  ........  ..........  ........  ...........  ........
1984..............................................................   5,505.2   3,640.6  ........  .........  ........     871.5  ........  ........  ..........  ........  ...........  ........
1985..............................................................   5,717.1   3,820.9  ........  .........  ........     863.4  ........  ........  ..........  ........  ...........  ........
1986..............................................................   5,912.4   3,981.2  ........  .........  ........     857.7  ........  ........  ..........  ........  ...........  ........
1987..............................................................   6,113.3   4,113.4     455.2    1,274.5   2,379.3     879.3     856.0     572.5      224.3      360.0      290.7        29.6
1988..............................................................   6,368.4   4,279.5     481.5    1,315.1   2,477.2     902.8     887.1     603.6      227.1      386.9      289.2        18.4
1989..............................................................   6,591.8   4,393.7     491.7    1,351.0   2,546.0     936.5     911.2     637.0      232.7      414.0      277.3        29.6

1990..............................................................   6,707.9   4,474.5     487.1    1,369.6   2,616.2     907.3     894.6     641.7      236.1      415.7      253.5        16.5
1991..............................................................   6,676.4   4,466.6     454.9    1,364.0   2,651.8     829.5     832.5     610.1      210.1      407.2      221.1        -1.0
1992..............................................................   6,880.0   4,594.5     479.0    1,389.7   2,729.7     899.8     886.5     630.6      197.3      437.5      257.2        17.1
1993..............................................................   7,062.6   4,748.9     518.3    1,430.3   2,802.5     977.9     958.4     683.6      198.9      487.1      276.0        20.0
1994..............................................................   7,347.7   4,928.1     557.7    1,485.1   2,886.2   1,107.0   1,045.9     744.6      200.5      544.9      302.7        66.8
1995..............................................................   7,543.8   5,075.6     583.5    1,529.0   2,963.4   1,140.6   1,109.2     817.5      210.1      607.6      291.7        30.4
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..............................................................   8,159.5   5,423.9     657.3    1,619.9   3,147.0   1,393.3   1,328.6   1,009.3      245.4      764.2      319.7        63.8
1998..............................................................   8,515.7   5,678.7     727.3    1,684.8   3,269.4   1,566.8   1,485.3   1,140.3      263.0      879.0      346.1        80.2
1999 .............................................................   8,875.8   5,978.8     817.8    1,779.4   3,390.8   1,669.7   1,621.4   1,255.3      259.2    1,003.1      368.3        45.3

1995: I...........................................................   7,488.7   5,011.6     570.4    1,514.3   2,927.3   1,162.4   1,101.9     806.4      208.1      598.5      295.8        62.2
II..........................................................   7,503.3   5,059.6     577.4    1,525.3   2,957.4   1,128.5   1,095.0     811.4      211.0      600.7      283.5        32.5
III.........................................................   7,561.4   5,099.2     590.7    1,531.7   2,977.0   1,119.1   1,107.1     816.7      210.9      606.0      290.4         9.0
IV..........................................................   7,621.9   5,132.1     595.7    1,544.6   2,992.0   1,152.4   1,132.7     835.5      210.4      625.0      297.3        18.0

1996: I...........................................................   7,676.4   5,174.3     601.7    1,553.9   3,018.8   1,172.3   1,165.2     861.6      215.9      645.8      303.6         5.6
II..........................................................   7,802.9   5,229.5     620.4    1,569.9   3,039.2   1,233.4   1,203.7     885.6      221.3      664.3      318.1        30.3
III.........................................................   7,841.9   5,254.3     618.1    1,578.6   3,057.7   1,281.4   1,231.6     914.3      225.4      688.9      317.3        51.2
IV..........................................................   7,931.3   5,291.9     625.7    1,593.9   3,072.2   1,283.7   1,250.2     936.2      237.3      698.8      314.0        32.9

1997: I...........................................................   8,016.4   5,350.7     641.5    1,605.6   3,103.7   1,325.4   1,275.4     960.8      241.1      719.6      314.7        49.3
II..........................................................   8,131.9   5,375.7     636.5    1,608.2   3,130.6   1,400.6   1,311.1     992.7      239.3      753.7      318.7        88.3
III.........................................................   8,216.6   5,462.1     670.5    1,631.7   3,160.6   1,408.6   1,356.7   1,037.0      248.5      788.9      320.3        51.3
IV..........................................................   8,272.9   5,507.1     680.9    1,634.1   3,193.0   1,438.5   1,371.3   1,047.0      252.7      794.5      324.9        66.1

1998: I...........................................................   8,404.9   5,572.4     696.4    1,652.8   3,224.5   1,545.1   1,427.4   1,096.0      257.5      839.4      332.4       117.3
II..........................................................   8,465.6   5,651.6     719.4    1,676.3   3,258.2   1,540.8   1,477.6   1,136.4      266.2      871.3      342.4        60.9
III.........................................................   8,537.6   5,711.0     726.7    1,694.2   3,292.4   1,571.4   1,496.4   1,146.3      263.0      885.2      350.9        73.1
IV..........................................................   8,654.5   5,779.8     766.7    1,716.0   3,302.8   1,609.9   1,539.7   1,182.3      265.1      920.0      358.5        69.4

1999: I...........................................................   8,730.0   5,860.2     782.7    1,748.5   3,335.8   1,623.2   1,574.0   1,209.4      262.9      950.9      365.7        48.1
II..........................................................   8,783.2   5,940.2     810.5    1,765.0   3,373.4   1,623.1   1,607.1   1,237.5      258.7      985.0      370.9        13.1
III.........................................................   8,905.8   6,013.8     826.2    1,786.1   3,411.1   1,680.8   1,637.8   1,272.5      254.6    1,026.6      368.0        39.1
IV .........................................................   9,084.1   6,101.0     851.8    1,818.1   3,443.0   1,751.6   1,666.6   1,301.8      260.6    1,050.1      368.5        80.9

2000: I...........................................................   9,191.8   6,213.5     898.2    1,844.8   3,487.2   1,773.6   1,730.9   1,365.3      274.0    1,100.4      371.4        36.6
II..........................................................   9,318.9   6,260.6     886.7    1,861.1   3,526.7   1,863.0   1,777.6   1,412.5      277.0    1,146.6      372.6        78.6
III ........................................................   9,369.5   6,329.8     903.2    1,882.6   3,559.3   1,871.1   1,791.3   1,438.8      286.6    1,162.4      362.3       72.5
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See next page for continuation of table.


Table B-2.--Real gross domestic product, 1959-2000--Continued
[Billions of chained (1996) 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     domes-      dum:    --------------------
Year or  quarter                                                               ----------------------------               of    tic  pur-     Gross      Gross     Gross
Net                                                                State     domes-    chases    national    domes-     domes-
exports   Exports   Imports    Total             Nation-    Non-      and       tic       \1\     prod-  uct     tic    tic  pur-
Total    al  de-    de-      local    product                 \2\       prod-     chases
fense    fense                                                 uct       \1\
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1959........................................................  ........      72.4     106.6     661.4  .......  ........  .......  .........  2,317.4   2,377.2     2,332.8        7.2       7.6

1960........................................................  ........      87.5     108.0     661.3  .......  ........  .......  .........  2,378.5   2,417.5     2,391.9        2.5       1.7
1961........................................................  ........      88.9     107.3     693.2  .......  ........  .......  .........  2,435.5   2,471.5     2,448.8        2.3       2.2
1962........................................................  ........      93.7     119.5     735.0  .......  ........  .......  .........  2,569.5   2,626.9     2,598.0        6.0       6.3
1963........................................................  ........     100.7     122.7     752.4  .......  ........  .......  .........  2,683.6   2,734.7     2,710.8        4.3       4.1
1964........................................................  ........     114.2     129.2     767.1  .......  ........  .......  .........  2,844.1   2,883.0     2,868.5        5.8       5.4
1965........................................................  ........     116.5     142.9     791.1  .......  ........  .......  .........  3,008.5   3,079.1     3,051.7        6.4       6.8
1966........................................................  ........     124.3     164.2     862.1  .......  ........  .......  .........  3,191.1   3,292.3     3,248.9        6.6       6.9
1967........................................................  ........     127.0     176.2     927.1  .......  ........  .......  .........  3,288.2   3,382.6     3,330.4        2.5       2.7
1968........................................................  ........     136.3     202.4     956.6  .......  ........  .......  .........  3,450.0   3,555.9     3,489.8        4.8       5.1
1969........................................................  ........     143.7     213.9     952.5  .......  ........  .......  .........  3,555.9   3,664.5     3,594.1        3.0       3.1

1970........................................................  ........     159.3     223.1     931.1  .......  ........  .......  .........  3,588.6   3,659.6     3,600.6         .2       -.1
1971........................................................  ........     160.4     235.0     913.8  .......  ........  .......  .........  3,688.1   3,791.1     3,722.9        3.3       3.6
1972........................................................  ........     173.5     261.3     914.9  .......  ........  .......  .........  3,887.7   4,003.8     3,925.7        5.4       5.6
1973........................................................  ........     211.4     273.4     908.3  .......  ........  .......  .........  4,094.3   4,196.6     4,161.0        5.8       4.8
1974........................................................  ........     231.6     267.2     924.8  .......  ........  .......  .........  4,080.7   4,136.5     4,142.3        -.6      -1.4
1975........................................................  ........     230.0     237.5     942.5  .......  ........  .......  .........  4,118.5   4,085.2     4,117.7        -.4      -1.2
1976........................................................  ........     243.6     284.0     943.3  .......  ........  .......  .........  4,288.8   4,354.2     4,351.4        5.6       6.6
1977........................................................  ........     249.7     315.0     952.7  .......  ........  .......  .........  4,478.8   4,586.4     4,556.6        4.6       5.3
1978........................................................  ........     275.9     342.3     982.2  .......  ........  .......  .........  4,722.9   4,834.8     4,805.3        5.5       5.4
1979........................................................  ........     302.4     347.9   1,001.1  .......  ........  .......  .........  4,894.4   4,956.3     4,973.9        3.2       2.5

1980........................................................  ........     334.8     324.8   1,020.9  .......  ........  .......  .........  4,928.1   4,863.8     4,962.3        -.2      -1.9
1981........................................................  ........     338.6     333.4   1,030.0  .......  ........  .......  .........  4,989.5   4,990.0     5,075.4        2.5       2.6
1982........................................................  ........     314.6     329.2   1,046.0  .......  ........  .......  .........  4,954.9   4,916.6     4,973.6       -2.0      -1.5
1983........................................................  ........     306.9     370.7   1,081.0  .......  ........  .......  .........  5,154.5   5,194.1     5,184.9        4.3       5.6
1984........................................................  ........     332.6     461.0   1,118.4  .......  ........  .......  .........  5,427.9   5,646.6     5,553.8        7.3       8.7
1985........................................................  ........     341.6     490.7   1,190.5  .......  ........  .......  .........  5,698.8   5,883.1     5,750.9        3.8       4.2
1986........................................................  ........     366.8     531.9   1,255.2  .......  ........  .......  .........  5,912.6   6,096.2     5,932.5        3.4       3.6
1987........................................................    -156.2     408.0     564.2   1,292.5    597.8     450.2    146.5     695.6   6,088.8   6,286.2     6,130.8        3.4       3.1
1988........................................................    -112.1     473.5     585.6   1,307.5    586.9     446.8    138.9     721.4   6,352.6   6,489.5     6,391.1        4.2       3.2
1989........................................................     -79.4     529.4     608.8   1,343.5    594.7     443.3    150.5     749.5   6,565.4   6,674.6     6,615.5        3.5       2.9

1990........................................................     -56.5     575.7     632.2   1,387.3    606.8     443.2    163.0     781.1   6,695.6   6,764.9     6,740.0        1.8       1.4
1991........................................................     -15.8     613.2     629.0   1,403.4    604.9     438.4    166.0     798.9   6,681.5   6,688.4     6,703.4        -.5      -1.1
1992........................................................     -19.8     651.0     670.8   1,410.0    595.1     417.1    177.9     815.3   6,867.7   6,896.4     6,905.8        3.0       3.1
1993........................................................     -59.1     672.7     731.8   1,398.8    572.0     394.7    177.3     827.0   7,043.8   7,120.6     7,087.8        2.7       3.3
1994........................................................     -86.5     732.8     819.4   1,400.1    551.3     375.9    175.5     848.9   7,285.8   7,434.2     7,364.3        4.0       4.4
1995........................................................     -78.4     808.2     886.6   1,406.4    536.5     361.9    174.6     869.9   7,512.2   7,621.8     7,564.0        2.7       2.5
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        3.6       3.7
1997........................................................    -113.3     981.5   1,094.8   1,455.4    529.6     347.7    181.8     925.8   8,095.2   8,271.7     8,168.1        4.4       4.7
1998........................................................    -221.0   1,003.6   1,224.6   1,486.4    526.9     341.7    185.2     959.2   8,435.2   8,727.9     8,515.1        4.4       5.5
1999........................................................    -322.4   1,033.0   1,355.3   1,536.1    540.1     348.5    191.5     995.6   8,826.9   9,179.1     8,868.3        4.2       5.2

1995: I.....................................................     -92.5     780.6     873.1   1,407.3    544.1     366.9    177.2     863.3   7,427.3   7,581.3     7,510.2        1.5       1.7
II....................................................     -97.5     788.9     886.4   1,414.0    544.3     367.0    177.3     869.7   7,469.6   7,601.1     7,528.6         .8       1.0
III...................................................     -67.3     821.9     889.1   1,410.8    540.4     363.3    177.1     870.4   7,549.7   7,627.9     7,572.3        3.1       1.4
IV....................................................     -56.4     841.4     897.8   1,393.5    517.1     350.4    166.8     876.4   7,602.5   7,677.2     7,645.2        3.2       2.6

1996: I.....................................................     -75.0     846.1     921.1   1,404.8    529.1     356.4    172.7     875.7   7,669.6   7,751.0     7,703.1        2.9       3.9
II....................................................     -90.4     860.1     950.4   1,430.4    540.2     363.0    177.2     890.2   7,773.4   7,893.1     7,820.4        6.8       7.5
III...................................................    -115.9     867.0     982.9   1,422.0    529.5     355.4    174.1     892.5   7,792.1   7,957.9     7,853.5        2.0       3.3
IV....................................................     -74.6     923.5     998.1   1,430.6    527.6     353.3    174.4     903.0   7,897.6   8,006.5     7,947.9        4.6       2.5

1997: I.....................................................     -94.0     940.3   1,034.3   1,434.6    521.7     341.6    180.1     912.8   7,966.4   8,110.6     8,025.1        4.4       5.3
II....................................................    -100.6     979.2   1,079.8   1,457.0    534.8     350.3    184.5     922.2   8,043.2   8,232.3     8,145.6        5.9       6.1
III...................................................    -119.6   1,004.2   1,123.8   1,464.8    533.4     350.4    182.9     931.4   8,164.9   8,334.5     8,225.1        4.2       5.1
IV....................................................    -139.2   1,002.1   1,141.2   1,465.3    528.4     348.5    179.8     936.8   8,206.3   8,409.4     8,276.9        2.8       3.6

1998: I.....................................................    -175.3   1,004.5   1,179.8   1,461.6    515.9     332.0    183.8     945.5   8,289.4   8,575.2     8,412.9        6.5       8.1
II....................................................    -219.8     996.8   1,216.6   1,487.6    531.8     342.4    189.3     955.7   8,402.7   8,676.8     8,471.4        2.9       4.8
III...................................................    -244.1     988.8   1,232.9   1,492.9    527.5     347.2    180.3     965.1   8,463.4   8,771.4     8,526.7        3.4       4.4
IV....................................................    -244.9   1,024.1   1,269.0   1,503.3    532.4     345.1    187.2     970.7   8,585.0   8,888.2     8,649.3        5.6       5.4

1999: I.....................................................    -279.8   1,003.3   1,283.1   1,517.1    529.5     342.4    187.0     987.2   8,680.3   8,996.2     8,726.0        3.5       4.9
II....................................................    -314.6   1,017.6   1,332.2   1,519.9    532.1     340.3    191.6     987.5   8,764.9   9,079.6     8,776.7        2.5       3.8
III...................................................    -342.6   1,042.6   1,385.2   1,537.8    541.0     350.4    190.5     996.4   8,861.8   9,226.7     8,895.4        5.7       6.6
IV ...................................................    -352.5   1,068.4   1,420.9   1,569.5    558.1     360.9    197.1   1,011.2   9,000.5   9,414.1     9,075.0        8.3       8.4

2000: I.....................................................    -376.8   1,084.8   1,461.7   1,565.1    537.1     341.5    195.4   1,027.4   9,148.0   9,543.6     9,187.7        4.8       5.6
II....................................................    -403.4   1,121.8   1,525.2   1,583.7    558.8     355.1    203.6   1,024.6   9,235.3   9,694.3     9,313.7        5.6       6.5
III ..................................................    -427.7   1,158.8   1,586.4   1,578.2    545.8     346.2    199.4   1,031.9   9,290.9   9,766.0     9,362.8        2.2       3.0
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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.