[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.