[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.