[Economic Report of the President (2004)] [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, 1959-2003 [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...................................... 7.1 3.55 0.97 1.25 1.33 2.80 1.94 0.73 0.09 0.64 1.21 0.86 1960...................................... 2.5 1.73 .17 .44 1.12 .00 .13 .52 .28 .24 -.39 -.13 1961...................................... 2.3 1.30 -.31 .53 1.08 -.10 -.04 -.06 .05 -.11 .01 -.05 1962...................................... 6.1 3.11 .89 .90 1.31 1.81 1.24 .78 .16 .61 .46 .57 1963...................................... 4.4 2.56 .77 .59 1.20 1.00 1.08 .50 .04 .46 .58 -.08 1964...................................... 5.8 3.71 .77 1.33 1.61 1.25 1.37 1.07 .36 .71 .30 -.13 1965...................................... 6.4 3.91 1.07 1.43 1.42 2.16 1.50 1.65 .57 1.07 -.15 .66 1966...................................... 6.5 3.50 .73 1.46 1.31 1.44 .87 1.29 .27 1.02 -.43 .58 1967...................................... 2.5 1.81 .13 .42 1.26 -.76 -.28 -.15 -.10 -.05 -.13 -.49 1968...................................... 4.8 3.50 .93 1.19 1.38 .90 1.00 .46 .06 .41 .53 -.10 1969...................................... 3.1 2.27 .31 .69 1.28 .90 .90 .78 .20 .58 .13 .00 1970...................................... .2 1.42 -.28 .61 1.08 -1.04 -.31 -.06 .01 -.07 -.26 -.73 1971...................................... 3.4 2.38 .81 .47 1.09 1.67 1.10 .00 -.06 .07 1.10 .58 1972...................................... 5.3 3.80 1.07 1.11 1.61 1.87 1.81 .92 .12 .81 .89 .06 1973...................................... 5.8 3.05 .90 .82 1.33 1.96 1.46 1.50 .31 1.19 -.04 .50 1974...................................... -.5 -.47 -.61 -.51 .65 -1.30 -1.04 .09 -.09 .18 -1.13 -.27 1975...................................... -.2 1.42 .00 .37 1.05 -2.98 -1.71 -1.14 -.43 -.70 -.57 -1.27 1976...................................... 5.3 3.48 1.04 1.24 1.19 2.84 1.42 .52 .09 .43 .90 1.41 1977...................................... 4.6 2.68 .80 .60 1.27 2.43 2.18 1.19 .15 1.04 .99 .25 1978...................................... 5.6 2.76 .47 .91 1.38 2.16 2.04 1.69 .54 1.15 .35 .12 1979...................................... 3.2 1.52 -.03 .65 .90 .61 1.02 1.23 .52 .71 -.21 -.41 1980...................................... -.2 -.17 -.65 -.04 .52 -2.12 -1.21 -.04 .27 -.30 -1.17 -.91 1981...................................... 2.5 .90 .09 .29 .51 1.59 .39 .74 .40 .34 -.35 1.20 1982...................................... -1.9 .87 .00 .23 .65 -2.55 -1.22 -.51 -.09 -.42 -.71 -1.34 1983...................................... 4.5 3.65 1.07 .80 1.79 1.45 1.17 -.16 -.57 .41 1.33 .29 1984...................................... 7.2 3.44 1.15 .93 1.36 4.63 2.68 2.05 .60 1.44 .64 1.95 1985...................................... 4.1 3.31 .83 .61 1.87 -.17 .89 .82 .32 .50 .07 -1.06 1986...................................... 3.5 2.62 .83 .78 1.01 -.12 .20 -.36 -.50 .15 .55 -.32 1987...................................... 3.4 2.17 .16 .52 1.50 .51 .09 -.01 -.11 .10 .10 .42 1988...................................... 4.1 2.66 .53 .70 1.43 .39 .52 .57 .02 .55 -.05 -.14 1989...................................... 3.5 1.86 .19 .59 1.07 .64 .47 .61 .07 .54 -.14 .17 1990...................................... 1.9 1.34 -.02 .33 1.03 -.53 -.32 .05 .05 .00 -.37 -.21 1991...................................... -.2 .11 -.46 -.05 .62 -1.20 -.94 -.57 -.39 -.18 -.37 -.26 1992...................................... 3.3 2.18 .44 .43 1.31 1.07 .79 .32 -.18 .50 .47 .29 1993...................................... 2.7 2.23 .59 .56 1.09 1.21 1.14 .83 -.02 .85 .31 .07 1994...................................... 4.0 2.52 .66 .71 1.14 1.93 1.30 .91 .05 .87 .39 .63 1995...................................... 2.5 1.81 .36 .44 1.01 .48 .94 1.08 .17 .91 -.14 -.46 1996...................................... 3.7 2.31 .64 .51 1.15 1.35 1.34 1.01 .16 .85 .33 .02 1997...................................... 4.5 2.54 .70 .53 1.31 1.95 1.42 1.33 .21 1.12 .08 .54 1998...................................... 4.2 3.36 .93 .78 1.66 1.63 1.60 1.28 .16 1.12 .32 .03 1999 ..................................... 4.5 3.44 .99 .89 1.56 1.33 1.36 1.09 -.01 1.11 .27 -.03 2000 ..................................... 3.7 3.17 .63 .74 1.80 .99 1.09 1.06 .21 .85 .03 -.10 2001 ..................................... .5 1.68 .36 .37 .96 -1.47 -.54 -.56 -.08 -.47 .02 -.93 2002 ..................................... 2.2 2.38 .55 .60 1.23 -.18 -.60 -.82 -.59 -.23 .23 .41 1999: I................................... 3.4 2.68 -.14 1.00 1.82 1.96 1.02 .87 -.24 1.11 .16 .93 II.................................. 3.4 4.23 1.64 .79 1.81 .05 1.63 1.47 .09 1.38 .16 -1.57 III................................. 4.8 2.90 .76 .24 1.89 1.72 1.30 1.19 -.10 1.28 .11 .42 IV.................................. 7.3 3.47 .25 1.80 1.43 2.65 .36 .12 .13 .00 .23 2.30 2000: I................................... 1.0 4.38 1.96 .06 2.36 -1.30 1.83 1.64 .21 1.44 .19 -3.13 II.................................. 6.4 1.78 -.89 1.11 1.55 4.65 1.60 1.76 .53 1.23 -.16 3.05 III................................. -.5 2.62 .50 .44 1.67 -1.84 -.10 .28 .29 -.02 -.38 -1.74 IV.................................. 2.1 2.29 .06 .72 1.51 -.36 .13 .11 .04 .07 .02 -.49 2001: I................................... -.2 .28 .15 .06 .07 -1.96 -.45 -.56 -.20 -.37 .12 -1.51 II.................................. -.6 1.52 .80 -.22 .94 -2.92 -1.60 -1.76 -.19 -1.57 .16 -1.32 III................................. -1.3 1.27 .06 .57 .64 -1.39 -.88 -1.02 .07 -1.09 .14 -.51 IV.................................. 2.0 4.20 2.14 .91 1.15 -2.98 -1.83 -1.71 -1.36 -.35 -.12 -1.15 2002: I................................... 4.7 2.92 .14 1.19 1.58 1.60 -.41 -.81 -.77 -.03 .40 2.01 II.................................. 1.9 1.81 .04 .07 1.70 .69 .08 -.33 -.41 .09 .41 .61 III................................. 3.4 1.39 .43 .04 .92 1.66 .08 -.12 -.40 .28 .20 1.58 IV.................................. 1.3 1.57 .02 .90 .65 -.09 .31 -.01 -.14 .13 .32 -.40 2003: I................................... 2.0 1.80 .04 1.13 .63 -.57 .16 -.06 -.10 .04 .22 -.74 II.................................. 3.1 2.34 1.38 .25 .71 .73 .90 .68 .09 .59 .22 -.17 III................................. 8.2 4.89 2.23 1.48 1.19 2.17 2.30 1.25 -.04 1.30 1.05 -.13 -------------------------------------------------------------------------------------------------------------------------------------------------------- See next page for continuation of table. Table B-5.--Contributions to percent change in real gross domestic product, 1959-2003--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...................................... 0.00 0.45 -0.02 0.48 -0.45 -0.48 0.03 0.76 0.42 -0.23 0.65 0.34 1960...................................... .72 .78 .76 .02 -.06 .05 -.11 .03 -.35 -.17 -.18 .39 1961...................................... .06 .03 .02 .01 .03 .00 .02 1.07 .51 .45 .06 .56 1962...................................... -.21 .25 .17 .08 -.47 -.40 -.07 1.36 1.07 .63 .44 .29 1963...................................... .24 .35 .29 .06 -.12 -.12 .00 .58 .01 -.25 .26 .57 1964...................................... .36 .59 .52 .07 -.23 -.19 -.04 .49 -.17 -.40 .23 .65 1965...................................... -.30 .15 .02 .13 -.45 -.41 -.04 .65 .00 -.19 .19 .66 1966...................................... -.29 .36 .27 .09 -.65 -.49 -.16 1.87 1.24 1.21 .03 .63 1967...................................... -.22 .12 .02 .10 -.34 -.17 -.16 1.68 1.17 1.19 -.02 .51 1968...................................... -.30 .41 .30 .10 -.70 -.68 -.03 .73 .10 .16 -.06 .63 1969...................................... -.04 .25 .20 .05 -.29 -.20 -.09 -.06 -.42 -.49 .06 .37 1970...................................... .34 .56 .44 .12 -.22 -.15 -.07 -.55 -.86 -.83 -.03 .31 1971...................................... -.19 .10 -.02 .11 -.29 -.33 .04 -.50 -.85 -.97 .12 .36 1972...................................... -.21 .42 .43 -.01 -.63 -.57 -.06 -.16 -.42 -.61 .18 .26 1973...................................... .82 1.12 1.01 .11 -.29 -.34 .05 -.08 -.41 -.39 -.02 .33 1974...................................... .75 .58 .46 .12 .18 .17 .00 .52 .08 -.05 .13 .44 1975...................................... .89 -.05 -.16 .10 .94 .87 .07 .48 .03 -.06 .09 .45 1976...................................... -1.08 .37 .31 .05 -1.45 -1.35 -.10 .10 .00 -.02 .03 .09 1977...................................... -.72 .20 .08 .11 -.92 -.84 -.07 .23 .19 .07 .12 .04 1978...................................... .05 .82 .68 .15 -.78 -.67 -.11 .60 .22 .05 .16 .38 1979...................................... .66 .82 .77 .06 -.16 -.14 -.02 .37 .20 .17 .03 .17 1980...................................... 1.68 .97 .86 .11 .71 .67 .04 .38 .39 .25 .14 -.01 1981...................................... -.15 .12 -.09 .21 -.27 -.18 -.09 .19 .42 .38 .04 -.23 1982...................................... -.60 -.73 -.67 -.06 .12 .20 -.08 .35 .35 .48 -.13 .01 1983...................................... -1.35 -.22 -.19 -.03 -1.13 -1.00 -.13 .77 .63 .50 .13 .13 1984...................................... -1.58 .63 .46 .17 -2.21 -1.83 -.39 .70 .30 .35 -.05 .40 1985...................................... -.42 .23 .20 .02 -.65 -.52 -.13 1.41 .74 .60 .14 .67 1986...................................... -.30 .54 .26 .28 -.84 -.82 -.02 1.27 .55 .47 .08 .71 1987...................................... .17 .78 .56 .21 -.61 -.39 -.22 .52 .36 .35 .01 .17 1988...................................... .82 1.24 1.04 .20 -.42 -.36 -.07 .27 -.15 -.03 -.12 .42 1989...................................... .52 .99 .75 .24 -.47 -.38 -.10 .52 .14 -.03 .17 .39 1990...................................... .43 .81 .56 .26 -.39 -.26 -.13 .64 .18 .00 .18 .46 1991...................................... .69 .63 .46 .16 .06 .01 .05 .23 -.02 -.07 .06 .24 1992...................................... -.04 .68 .52 .16 -.72 -.77 .05 .11 -.15 -.32 .17 .26 1993...................................... -.59 .32 .23 .09 -.91 -.85 -.06 -.18 -.35 -.33 -.02 .17 1994...................................... -.43 .85 .67 .18 -1.29 -1.18 -.11 .00 -.30 -.27 -.03 .30 1995...................................... .11 1.04 .85 .19 -.93 -.87 -.06 .10 -.20 -.19 -.01 .30 1996...................................... -.14 .91 .68 .22 -1.05 -.94 -.11 .18 -.08 -.07 -.02 .26 1997...................................... -.34 1.30 1.11 .19 -1.64 -1.45 -.19 .34 -.07 -.13 .06 .41 1998...................................... -1.16 .27 .18 .09 -1.43 -1.20 -.23 .34 -.07 -.09 .02 .41 1999 ..................................... -.99 .47 .29 .18 -1.46 -1.31 -.15 .67 .14 .08 .06 .54 2000 ..................................... -.86 .93 .84 .09 -1.79 -1.55 -.25 .36 .05 -.02 .07 .31 2001 ..................................... -.19 -.58 -.48 -.10 .39 .39 -.01 .48 .22 .15 .07 .26 2002 ..................................... -.70 -.24 -.29 .04 -.45 -.42 -.03 .69 .48 .35 .14 .21 1999: I................................... -1.67 -.39 -.63 .24 -1.28 -1.16 -.13 .46 -.14 -.22 .08 .60 II.................................. -1.35 .48 .33 .14 -1.83 -1.69 -.14 .41 .09 -.01 .09 .32 III................................. -.75 1.12 .98 .14 -1.87 -1.67 -.19 .88 .49 .51 -.02 .39 IV.................................. .01 1.13 1.01 .12 -1.11 -1.01 -.11 1.17 .58 .39 .18 .59 2000: I................................... -1.53 .70 .65 .05 -2.23 -1.79 -.44 -.56 -.93 -.92 -.01 .36 II.................................. -.98 1.30 1.03 .26 -2.27 -2.03 -.24 .96 .96 .61 .35 .01 III................................. -.87 1.14 1.36 -.22 -2.01 -1.70 -.32 -.37 -.51 -.29 -.22 .15 IV.................................. -.07 -.31 -.45 .14 .24 .19 .04 .22 -.07 .06 -.13 .29 2001: I................................... .46 -.50 -.44 -.06 .96 .88 .08 .99 .50 .27 .23 .49 II.................................. -.25 -1.54 -1.52 -.02 1.29 1.57 -.28 1.00 .38 .10 .28 .62 III................................. -.42 -1.99 -1.50 -.48 1.57 1.10 .47 -.74 .00 .09 -.09 -.74 IV.................................. -.50 -1.02 -.54 -.47 .52 .35 .16 1.28 .57 .53 .04 .71 2002: I................................... -.65 .40 -.19 .59 -1.05 -.66 -.39 .85 .52 .33 .20 .33 II.................................. -1.32 .80 .75 .05 -2.12 -2.20 .09 .72 .64 .38 .27 .08 III................................. -.15 .41 .28 .13 -.56 -.55 -.02 .46 .26 .19 .07 .20 IV.................................. -1.47 -.37 -.64 .27 -1.10 -.83 -.27 1.29 1.11 .85 .26 .18 2003: I................................... .81 -.19 .13 -.31 1.00 .81 .19 -.07 -.01 -.25 .24 -.06 II.................................. -1.34 -.11 -.11 .01 -1.24 -1.51 .27 1.36 1.46 1.58 -.12 -.10 III................................. .80 .92 .56 .36 -.12 .18 -.30 .34 .09 -.06 .15 .25 -------------------------------------------------------------------------------------------------------------------------------------------------------- Source: Department of Commerce, Bureau of Economic Analysis.