[Economic Report of the President (2002)] [Administration of George W. Bush] [Online through the Government Printing Office, www.gpo.gov] Table B-2.--Real gross domestic product, 1959-2001 [Billions of chained (1996) 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 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.............................................................. 8,508.9 5,683.7 726.7 1,686.4 3,273.4 1,558.0 1,480.0 1,135.9 262.2 875.4 345.1 76.7 1999 ............................................................. 8,856.5 5,968.4 817.8 1,766.4 3,393.2 1,660.1 1,595.4 1,228.6 256.9 978.3 368.3 62.1 2000.............................................................. 9,224.0 6,257.8 895.5 1,849.9 3,527.7 1,772.9 1,716.2 1,350.7 272.8 1,087.4 371.4 50.6 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........................................................... 8,396.3 5,576.3 692.5 1,656.3 3,228.4 1,543.3 1,431.4 1,099.5 255.7 845.0 333.0 113.1 II.......................................................... 8,442.9 5,660.2 719.7 1,680.5 3,262.3 1,516.8 1,471.4 1,132.3 264.8 868.6 340.5 42.0 III......................................................... 8,528.5 5,713.7 727.1 1,693.6 3,295.2 1,559.7 1,485.4 1,136.6 263.0 875.1 349.5 71.8 IV.......................................................... 8,667.9 5,784.7 767.3 1,715.3 3,307.6 1,612.1 1,531.7 1,175.4 265.1 912.9 357.4 80.0 1999: I........................................................... 8,733.5 5,854.0 780.5 1,738.8 3,340.8 1,641.8 1,558.2 1,192.6 260.7 936.0 366.3 83.4 II.......................................................... 8,771.2 5,936.1 809.5 1,757.2 3,377.8 1,617.4 1,582.8 1,214.9 257.9 962.6 368.9 32.7 III......................................................... 8,871.5 6,000.0 827.2 1,768.6 3,413.7 1,655.8 1,610.8 1,244.6 253.2 999.5 368.2 39.6 IV ......................................................... 9,049.9 6,083.6 854.2 1,801.1 3,440.5 1,725.4 1,629.7 1,262.4 255.7 1,015.2 369.7 92.7 2000: I........................................................... 9,102.5 6,171.7 892.1 1,823.8 3,472.2 1,722.9 1,683.4 1,309.4 261.1 1,058.3 377.3 28.9 II.......................................................... 9,229.4 6,226.3 886.5 1,844.9 3,509.6 1,801.6 1,719.2 1,347.7 268.5 1,089.6 376.5 78.9 III ........................................................ 9,260.1 6,292.1 904.1 1,864.1 3,540.2 1,788.8 1,730.1 1,371.1 278.2 1,102.3 366.3 51.7 IV ......................................................... 9,303.9 6,341.1 899.4 1,866.8 3,588.8 1,778.3 1,732.1 1,374.5 283.3 1,099.3 365.3 42.8 2001: I........................................................... 9,334.5 6,388.5 922.4 1,878.0 3,605.1 1,721.0 1,740.3 1,373.9 291.7 1,087.7 372.9 -27.1 II.......................................................... 9,341.7 6,428.4 938.1 1,879.4 3,629.8 1,666.2 1,696.4 1,320.9 282.3 1,043.2 378.3 -38.3 III ........................................................ 9,310.4 6,443.9 940.2 1,882.0 3,640.4 1,620.5 1,671.6 1,292.0 276.8 1,019.4 380.5 -61.9 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ See next page for continuation of table. Table B-2.--Real gross domestic product, 1959-2001--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........................................................ -221.1 1,002.4 1,223.5 1,483.3 525.4 341.6 183.8 957.7 8,431.8 8,721.3 8,508.4 4.3 5.4 1999........................................................ -316.9 1,034.9 1,351.7 1,531.8 536.7 348.6 188.1 994.7 8,792.0 9,154.9 8,853.0 4.1 5.0 2000........................................................ -399.1 1,133.2 1,532.3 1,572.6 545.9 349.0 196.7 1,026.3 9,167.0 9,594.7 9,216.4 4.1 4.8 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..................................................... -180.8 1,003.4 1,184.2 1,456.1 515.0 332.0 183.0 940.8 8,286.6 8,571.6 8,405.4 6.1 7.9 II.................................................... -223.1 993.1 1,216.2 1,482.6 530.1 342.0 188.0 952.4 8,397.2 8,657.0 8,448.7 2.2 4.0 III................................................... -241.2 987.6 1,228.9 1,489.9 524.9 346.5 178.4 964.7 8,454.9 8,759.7 8,517.6 4.1 4.8 IV.................................................... -239.2 1,025.6 1,264.8 1,504.8 531.7 345.8 185.8 972.8 8,588.5 8,896.6 8,662.0 6.7 6.4 1999: I..................................................... -283.0 1,007.6 1,290.6 1,512.3 526.7 342.7 183.9 985.2 8,651.2 9,002.3 8,732.9 3.1 4.8 II.................................................... -313.4 1,018.0 1,331.4 1,516.8 527.7 339.7 188.0 988.6 8,735.1 9,066.5 8,769.7 1.7 2.9 III................................................... -333.3 1,041.8 1,375.1 1,533.2 537.0 350.0 187.0 995.8 8,825.6 9,184.1 8,861.5 4.7 5.3 IV ................................................... -337.8 1,072.1 1,409.8 1,564.8 555.5 361.9 193.6 1,009.1 8,956.3 9,366.5 9,047.9 8.3 8.2 2000: I..................................................... -371.1 1,095.5 1,466.6 1,560.4 536.8 342.3 194.4 1,023.0 9,061.6 9,448.5 9,089.1 2.3 3.5 II.................................................... -392.8 1,130.6 1,523.4 1,577.2 556.9 354.8 202.0 1,020.1 9,148.5 9,594.5 9,217.7 5.7 6.3 III .................................................. -411.2 1,159.3 1,570.6 1,570.0 541.8 345.1 196.5 1,027.6 9,201.3 9,641.5 9,247.2 1.3 2.0 IV ................................................... -421.1 1,147.5 1,568.5 1,582.8 547.9 353.8 194.0 1,034.3 9,256.7 9,694.4 9,311.7 1.9 2.2 2001: I..................................................... -404.5 1,144.1 1,548.6 1,603.4 552.2 360.3 191.8 1,050.5 9,347.8 9,710.4 9,329.1 1.3 .7 II.................................................... -406.7 1,108.3 1,515.0 1,623.0 554.7 362.4 192.3 1,067.4 9,364.8 9,720.4 9,335.5 .3 .4 III .................................................. -411.0 1,052.2 1,463.2 1,624.1 559.6 365.3 194.3 1,063.8 9,352.5 9,695.1 9,304.9 -1.3 -1.0 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \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.