[Economic Report of the President (2002)] [Administration of George W. Bush] [Online through the Government Printing Office, www.gpo.gov] Table B-5.--Contributions to percent change in real gross domestic product, 1959-2001 [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 Year or quarter product Non- --------------------------- in pri- Total Durable durable Services Total Equip- vate (percent goods goods Total ment Resi- inven- change) Total Struc- and dential tories tures soft- ware -------------------------------------------------------------------------------------------------------------------------------------------------------- 1959...................................... 7.2 3.55 0.97 1.25 1.33 2.82 1.94 0.73 0.09 0.64 1.21 0.88 1960...................................... 2.5 1.71 .17 .44 1.10 .00 .13 .52 .28 .24 -.39 -.13 1961...................................... 2.3 1.27 -.31 .53 1.05 -.10 -.05 -.06 .05 -.11 .01 -.05 1962...................................... 6.0 3.10 .89 .90 1.31 1.80 1.23 .77 .16 .61 .46 .57 1963...................................... 4.3 2.55 .77 .59 1.20 1.00 1.07 .50 .04 .46 .58 -.08 1964...................................... 5.8 3.71 .77 1.33 1.61 1.25 1.37 1.07 .36 .71 .30 -.12 1965...................................... 6.4 3.91 1.06 1.43 1.42 2.15 1.49 1.64 .57 1.07 -.15 .66 1966...................................... 6.6 3.52 .73 1.46 1.33 1.44 .86 1.29 .27 1.02 -.43 .58 1967...................................... 2.5 1.83 .13 .42 1.28 -.76 -.28 -.15 -.10 -.05 -.13 -.48 1968...................................... 4.8 3.48 .92 1.18 1.37 .89 .99 .46 .05 .40 .53 -.10 1969...................................... 3.0 2.26 .31 .69 1.26 .90 .90 .77 .20 .57 .13 .00 1970...................................... .2 1.43 -.28 .61 1.09 -1.04 -.31 -.06 .01 -.07 -.26 -.72 1971...................................... 3.3 2.35 .81 .47 1.07 1.66 1.09 -.01 -.06 .06 1.10 .58 1972...................................... 5.4 3.74 1.07 1.11 1.56 1.86 1.80 .92 .12 .80 .89 .06 1973...................................... 5.8 3.05 .90 .82 1.33 1.96 1.46 1.50 .31 1.18 -.04 .50 1974...................................... -.6 -.51 -.61 -.51 .60 -1.31 -1.04 .09 -.08 .17 -1.13 -.27 1975...................................... -.4 1.33 .00 .37 .96 -2.98 -1.71 -1.14 -.43 -.71 -.57 -1.27 1976...................................... 5.6 3.67 1.04 1.25 1.38 2.84 1.42 .52 .09 .42 .91 1.42 1977...................................... 4.6 2.71 .80 .60 1.30 2.43 2.18 1.19 .15 1.04 .99 .25 1978...................................... 5.5 2.79 .47 .91 1.41 2.06 1.94 1.59 .44 1.15 .35 .12 1979...................................... 3.2 1.57 -.03 .65 .95 .60 1.01 1.22 .51 .71 -.21 -.41 1980...................................... -.2 -.20 -.66 -.04 .49 -2.09 -1.18 -.01 .30 -.30 -1.17 -.91 1981...................................... 2.5 .85 .10 .29 .46 1.58 .38 .73 .39 .34 -.35 1.20 1982...................................... -2.0 .76 .00 .23 .53 -2.54 -1.21 -.50 -.08 -.42 -.71 -1.34 1983...................................... 4.3 3.49 1.09 .80 1.61 1.48 1.19 -.13 -.54 .41 1.32 .29 1984...................................... 7.3 3.49 1.15 .93 1.41 4.62 2.67 2.04 .61 1.43 .63 1.95 1985...................................... 3.8 3.15 .81 .61 1.73 -.17 .89 .83 .33 .50 .06 -1.06 1986...................................... 3.4 2.71 .78 .78 1.14 -.11 .20 -.34 -.49 .16 .54 -.32 1987...................................... 3.4 2.17 .16 .52 1.49 .42 .00 -.01 -.14 .13 .01 .42 1988...................................... 4.2 2.65 .51 .68 1.46 .44 .58 .60 .05 .56 -.02 -.14 1989...................................... 3.5 1.76 .18 .58 1.00 .60 .42 .61 .09 .52 -.19 .17 1990...................................... 1.8 1.21 -.08 .30 .99 -.49 -.28 .08 .05 .03 -.36 -.21 1991...................................... -.5 -.12 -.53 -.09 .50 -1.26 -1.00 -.53 -.38 -.15 -.47 -.26 1992...................................... 3.0 1.90 .39 .40 1.11 1.12 .86 .34 -.18 .52 .52 .26 1993...................................... 2.7 2.24 .61 .61 1.02 1.18 1.09 .83 .02 .80 .26 .10 1994...................................... 4.0 2.53 .59 .79 1.16 1.89 1.28 .91 .02 .89 .37 .61 1995...................................... 2.7 2.00 .37 .60 1.04 .47 .88 1.03 .13 .90 -.15 -.41 1996...................................... 3.6 2.14 .44 .60 1.10 1.37 1.39 1.10 .20 .91 .28 -.02 1997...................................... 4.4 2.39 .51 .58 1.29 1.91 1.47 1.39 .26 1.13 .08 .44 1998...................................... 4.3 3.18 .80 .81 1.57 1.96 1.80 1.49 .21 1.27 .32 .15 1999 ..................................... 4.1 3.35 .97 .93 1.45 1.14 1.29 1.01 -.07 1.08 .28 -.15 2000 ..................................... 4.1 3.28 .77 .94 1.57 1.19 1.28 1.25 .19 1.06 .04 -.09 1997: I................................... 4.4 3.01 .78 .60 1.62 2.06 1.24 1.20 .19 1.01 .04 .82 II.................................. 5.9 1.32 -.23 .16 1.40 3.69 1.76 1.56 -.09 1.65 .20 1.93 III................................. 4.2 4.29 1.60 1.16 1.52 .38 2.20 2.12 .46 1.65 .09 -1.82 IV.................................. 2.8 2.20 .48 .12 1.61 1.42 .69 .47 .21 .26 .22 .73 1998: I................................... 6.1 3.39 .53 1.08 1.77 4.99 2.85 2.45 .15 2.29 .40 2.14 II.................................. 2.2 3.99 1.21 1.13 1.64 -1.18 1.84 1.49 .45 1.04 .36 -3.02 III................................. 4.1 2.56 .33 .62 1.62 1.98 .64 .20 -.09 .29 .44 1.34 IV.................................. 6.7 3.42 1.74 1.03 .66 2.38 2.10 1.71 .11 1.61 .39 .28 1999: I................................... 3.1 3.22 .56 1.07 1.59 1.28 1.16 .73 -.21 .94 .42 .12 II.................................. 1.7 3.77 1.19 .83 1.75 -1.06 1.06 .94 -.14 1.07 .13 -2.12 III................................. 4.7 2.98 .72 .53 1.72 1.66 1.22 1.25 -.22 1.47 -.03 .44 IV.................................. 8.3 3.96 1.09 1.51 1.35 2.99 .84 .76 .13 .63 .08 2.15 2000: I................................... 2.3 3.94 1.46 1.01 1.47 -.08 2.24 1.88 .26 1.63 .36 -2.32 II.................................. 5.7 2.50 -.21 .95 1.75 3.25 1.49 1.52 .35 1.17 -.03 1.76 III................................. 1.3 2.88 .65 .84 1.38 -.51 .44 .91 .45 .46 -.47 -.95 IV.................................. 1.9 2.14 -.17 .12 2.19 -.42 .09 .13 .24 -.11 -.05 -.50 2001: I................................... 1.3 2.05 .83 .49 .73 -2.28 .33 -.02 .39 -.41 .35 -2.61 II.................................. .3 1.72 .56 .06 1.10 -2.16 -1.74 -1.99 -.44 -1.55 .25 -.42 III................................. -1.3 .67 .07 .12 .48 -1.79 -.97 -1.08 -.26 -.82 .10 -.81 -------------------------------------------------------------------------------------------------------------------------------------------------------- See next page for continuation of table. Table B-5.--Contributions to percent change in real gross domestic product, 1959-2001--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 1.27 0.95 0.29 0.65 0.33 1960...................................... .79 .85 .76 .09 -.06 .05 -.11 .00 -.39 -.21 -.18 .39 1961...................................... .11 .08 .02 .06 .03 .00 .02 1.04 .48 .43 .06 .56 1962...................................... -.21 .25 .17 .08 -.47 -.40 -.07 1.35 1.06 .63 .43 .29 1963...................................... .24 .35 .29 .06 -.12 -.12 .00 .53 -.04 -.27 .23 .57 1964...................................... .41 .63 .51 .12 -.23 -.19 -.03 .44 -.22 -.44 .23 .66 1965...................................... -.35 .10 .02 .08 -.45 -.41 -.04 .69 .02 -.17 .19 .66 1966...................................... -.32 .33 .27 .06 -.65 -.49 -.16 1.93 1.29 1.25 .04 .64 1967...................................... -.23 .11 .02 .09 -.34 -.17 -.16 1.67 1.16 1.19 -.03 .51 1968...................................... -.35 .36 .30 .06 -.70 -.68 -.03 .75 .12 .18 -.07 .63 1969...................................... -.02 .27 .20 .07 -.29 -.20 -.09 -.10 -.42 -.48 .06 .32 1970...................................... .32 .54 .44 .10 -.22 -.15 -.07 -.52 -.84 -.80 -.04 .32 1971...................................... -.25 .04 -.02 .06 -.29 -.33 .04 -.43 -.81 -.90 .10 .38 1972...................................... -.20 .43 .43 .00 -.63 -.57 -.06 .03 -.23 -.40 .17 .26 1973...................................... .92 1.21 1.01 .21 -.29 -.34 .05 -.16 -.50 -.49 -.01 .34 1974...................................... .85 .67 .46 .22 .18 .17 .00 .38 -.04 -.17 .13 .42 1975...................................... .89 -.06 -.16 .10 .94 .87 .07 .41 .00 -.08 .08 .41 1976...................................... -.96 .49 .31 .17 -1.45 -1.35 -.10 .02 -.11 -.14 .03 .13 1977...................................... -.71 .20 .08 .12 -.91 -.84 -.07 .21 .16 .05 .11 .05 1978...................................... .04 .81 .68 .14 -.78 -.67 -.11 .63 .23 .05 .18 .40 1979...................................... .63 .79 .77 .03 -.16 -.14 -.02 .38 .20 .16 .04 .18 1980...................................... 1.67 .96 .86 .10 .71 .67 .04 .39 .40 .24 .16 -.01 1981...................................... -.16 .11 -.09 .20 -.27 -.18 -.09 .18 .41 .37 .04 -.23 1982...................................... -.55 -.67 -.67 .00 .12 .20 -.08 .31 .33 .47 -.15 -.02 1983...................................... -1.34 -.21 -.19 -.02 -1.13 -1.00 -.13 .70 .60 .47 .13 .10 1984...................................... -1.57 .65 .46 .19 -2.22 -1.83 -.39 .72 .31 .35 -.04 .42 1985...................................... -.44 .20 .19 .02 -.65 -.51 -.13 1.31 .73 .60 .13 .59 1986...................................... -.31 .52 .26 .26 -.83 -.82 -.01 1.13 .54 .46 .07 .60 1987...................................... .18 .81 .56 .25 -.62 -.39 -.23 .63 .36 .35 .01 .27 1988...................................... .84 1.25 1.04 .21 -.41 -.36 -.05 .24 -.18 -.06 -.12 .42 1989...................................... .60 1.02 .80 .23 -.43 -.37 -.05 .56 .12 -.05 .17 .44 1990...................................... .39 .80 .55 .25 -.41 -.26 -.15 .65 .18 .00 .18 .48 1991...................................... .67 .62 .48 .14 .05 .00 .05 .24 -.03 -.07 .04 .26 1992...................................... -.07 .61 .48 .13 -.68 -.76 .08 .10 -.14 -.31 .17 .24 1993...................................... -.61 .33 .21 .12 -.94 -.85 -.09 -.16 -.33 -.32 -.01 .17 1994...................................... -.41 .88 .67 .22 -1.29 -1.18 -.11 .02 -.29 -.26 -.02 .31 1995...................................... .11 1.06 .86 .20 -.95 -.87 -.08 .09 -.20 -.19 -.01 .28 1996...................................... -.15 .89 .68 .22 -1.04 -.94 -.09 .21 -.06 -.06 .00 .27 1997 ..................................... -.29 1.35 1.12 .23 -1.64 -1.43 -.21 .43 -.03 -.12 .09 .45 1998 ..................................... -1.20 .24 .17 .07 -1.44 -1.20 -.24 .34 -.05 -.07 .02 .39 1999 ..................................... -.98 .35 .30 .05 -1.33 -1.31 -.02 .58 .13 .08 .05 .44 2000 ..................................... -.79 1.01 .85 .17 -1.81 -1.54 -.26 .47 .10 .00 .10 .37 1997: I................................... -.92 .84 1.04 -.20 -1.76 -1.39 -.37 .21 -.29 -.58 .29 .50 II.................................. -.27 1.90 1.59 .31 -2.17 -2.05 -.11 1.14 .66 .44 .22 .48 III................................. -.84 1.19 .99 .20 -2.03 -1.60 -.43 .40 -.07 .01 -.07 .46 IV.................................. -.88 -.10 .02 -.11 -.79 -.62 -.17 .03 -.24 -.09 -.15 .27 1998: I................................... -1.85 .07 -.02 .09 -1.92 -1.51 -.41 -.43 -.64 -.79 .15 .21 II.................................. -1.83 -.46 -.72 .25 -1.36 -1.23 -.14 1.27 .71 .47 .24 .56 III................................. -.78 -.24 .04 -.28 -.53 -.39 -.15 .35 -.24 .21 -.45 .60 IV.................................. .17 1.66 1.33 .32 -1.49 -1.48 .00 .73 .32 -.03 .35 .40 1999: I................................... -1.79 -.77 -.64 -.13 -1.02 -1.20 .18 .35 -.23 -.14 -.09 .58 II.................................. -1.18 .43 .32 .11 -1.62 -1.58 -.04 .21 .05 -.14 .19 .16 III................................. -.76 .99 .93 .06 -1.76 -1.60 -.16 .77 .43 .48 -.05 .34 IV ................................. -.15 1.27 1.08 .19 -1.43 -1.20 -.23 1.50 .85 .55 .30 .65 2000: I................................... -1.32 .95 .64 .31 -2.26 -1.85 -.41 -.20 -.84 -.87 .03 .64 II.................................. -.84 1.42 1.11 .31 -2.26 -2.00 -.26 .78 .90 .56 .34 -.12 III ................................ -.70 1.13 1.36 -.22 -1.84 -1.48 -.36 -.32 -.66 -.42 -.24 .34 IV ................................. -.39 -.46 -.58 .12 .07 .07 .00 .58 .27 .38 -.11 .31 2001: I................................... .63 -.13 -.19 .06 .76 .87 -.11 .92 .19 .28 -.09 .73 II.................................. -.12 -1.37 -1.45 .08 1.25 1.21 .05 .87 .11 .09 .02 .76 III ................................ -.27 -2.13 -1.55 -.58 1.86 1.20 .66 .05 .21 .12 .09 -.16 -------------------------------------------------------------------------------------------------------------------------------------------------------- Source: Department of Commerce, Bureau of Economic Analysis.