[Economic Report of the President (2003)] [Administration of George W. Bush] [Online through the Government Publishing Office, www.gpo.gov] Table B-5.--Contributions to percent change in real gross domestic product, 1959-2002 [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 3.30 .92 .91 1.47 1.15 1.29 1.01 -.04 1.05 .28 -.15 2000 ..................................... 3.8 2.94 .65 .77 1.51 1.08 1.03 .98 .20 .78 .05 .06 2001 ..................................... .3 1.67 .48 .39 .80 -1.90 -.65 -.66 -.05 -.61 .01 -1.24 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................................... 3.0 3.06 .43 .94 1.70 1.25 1.26 .95 -.14 1.08 .32 -.01 II.................................. 2.0 3.72 1.09 .93 1.70 -.86 1.18 .97 -.17 1.14 .21 -2.04 III................................. 5.2 3.14 .81 .51 1.81 1.85 1.01 .97 -.20 1.17 .04 .84 IV.................................. 7.1 3.45 .81 1.48 1.16 2.32 .53 .41 .18 .22 .12 1.80 2000: I................................... 2.6 3.54 1.36 .45 1.73 .39 2.15 1.80 .40 1.41 .35 -1.77 II.................................. 4.8 2.11 -.30 .99 1.43 2.92 1.15 1.28 .25 1.03 -.13 1.77 III................................. .6 2.54 .63 .40 1.51 -1.09 .04 .46 .37 .09 -.42 -1.12 IV.................................. 1.1 1.37 -.44 .52 1.29 -.55 -.41 -.41 .12 -.53 .00 -.14 2001: I................................... -.6 1.53 .87 .45 .21 -3.65 -.38 -.71 -.10 -.61 .34 -3.27 II.................................. -1.6 .92 .42 -.07 .57 -3.09 -1.95 -1.93 -.29 -1.64 -.02 -1.14 III................................. -.3 .97 .36 .25 .35 -.81 -.72 -.73 .10 -.83 .02 -.09 IV.................................. 2.7 4.05 2.45 .73 .87 -2.88 -1.49 -1.33 -1.12 -.21 -.16 -1.39 2002: I................................... 5.0 2.22 -.55 1.57 1.20 2.53 -.07 -.66 -.44 -.22 .60 2.60 II.................................. 1.3 1.22 .16 -.02 1.08 1.16 -.15 -.27 -.53 .26 .12 1.31 III................................. 4.0 2.93 1.74 .22 .97 .55 -.03 -.08 -.62 .53 .05 .58 -------------------------------------------------------------------------------------------------------------------------------------------------------- See next page for continuation of table. Table B-5.--Contributions to percent change in real gross domestic product, 1959-2002--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 ..................................... -1.01 .37 .29 .08 -1.38 -1.29 -.09 .68 .14 .09 .06 .54 2000 ..................................... -.75 1.04 .85 .19 -1.79 -1.54 -.24 .49 .08 .00 .08 .41 2001 ..................................... -.18 -.59 -.47 -.13 .42 .40 .01 .65 .29 .19 .10 .36 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................................... -1.77 -.78 -.72 -.06 -.99 -1.01 .02 .51 -.21 -.21 .00 .72 II.................................. -1.41 .43 .33 .10 -1.84 -1.72 -.12 .50 .15 -.01 .16 .34 III................................. -.75 1.08 .94 .14 -1.83 -1.64 -.19 .93 .44 .52 -.08 .49 IV ................................. .04 1.31 1.11 .20 -1.27 -1.12 -.15 1.26 .60 .39 .21 .67 2000: I................................... -1.17 .82 .51 .31 -1.99 -1.56 -.43 -.20 -.85 -.86 .01 .65 II.................................. -1.00 1.53 1.18 .35 -2.54 -2.32 -.21 .83 .91 .54 .37 -.08 III ................................ -.72 1.25 1.44 -.19 -1.97 -1.64 -.32 -.18 -.45 -.24 -.21 .28 IV ................................. -.23 -.46 -.60 .14 .23 .22 .01 .51 .12 .17 -.06 .39 2001: I................................... .53 -.69 -.49 -.20 1.22 1.21 .01 .99 .54 .30 .24 .45 II.................................. -.42 -1.42 -1.34 -.08 1.00 1.18 -.18 1.00 .36 .10 .25 .64 III................................. -.24 -1.94 -1.49 -.45 1.70 1.17 .53 -.21 .07 .18 -.11 -.28 IV ................................. -.28 -.99 -.56 -.42 .70 .37 .33 1.85 .80 .54 .26 1.05 2002: I................................... -.75 .33 -.23 .56 -1.08 -.40 -.68 1.04 .47 .46 .01 .56 II.................................. -1.40 1.29 .99 .30 -2.69 -2.74 .05 .27 .47 .32 .16 -.21 III................................. -.01 .45 .28 .17 -.47 -.40 -.07 .56 .29 .29 -.01 .27 -------------------------------------------------------------------------------------------------------------------------------------------------------- Source: Department of Commerce, Bureau of Economic Analysis.