[Economic Report of the President (2005)] [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, 1959-2004 [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 ..................................... .8 1.74 .37 .40 .97 -1.39 -.50 -.52 -.07 -.44 .02 -.88 2002 ..................................... 1.9 2.14 .56 .51 1.08 -.37 -.80 -1.02 -.57 -.45 .22 .42 2003 ..................................... 3.0 2.29 .63 .73 .93 .66 .76 .33 -.15 .48 .43 -.10 2004 p.................................... 4.4 2.67 .58 .91 1.18 1.96 1.52 1.02 .02 1.00 .50 .44 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................................... -.5 1.07 .55 .09 .43 -2.44 -.43 -.52 -.29 -.24 .10 -2.01 II.................................. 1.2 .67 -.03 -.03 .73 -1.28 -1.51 -1.76 -.14 -1.62 .25 .23 III................................. -1.4 1.20 .26 .47 .47 -1.76 -.75 -.83 .19 -1.02 .08 -1.02 IV.................................. 1.6 4.71 2.81 .95 .95 -3.95 -1.81 -1.63 -1.27 -.35 -.18 -2.14 2002: I................................... 3.4 1.32 -.79 .76 1.36 2.34 -.71 -1.13 -.59 -.53 .42 3.05 II.................................. 2.4 1.98 .37 .15 1.46 .05 -.55 -1.06 -.70 -.36 .51 .60 III................................. 2.6 2.02 1.16 -.12 .98 .61 .02 -.12 -.45 .33 .13 .59 IV.................................. .7 1.74 -.21 1.03 .93 -.06 -.13 -.33 -.17 -.16 .20 .07 2003: I................................... 1.9 1.84 -.01 .97 .87 -.10 .35 -.01 -.33 .32 .36 -.45 II.................................. 4.1 2.72 1.64 .31 .77 .54 1.55 1.10 .32 .78 .44 -1.01 III................................. 7.4 3.58 1.38 1.38 .83 3.16 2.59 1.50 -.03 1.53 1.09 .57 IV.................................. 4.2 2.50 .33 1.01 1.15 2.04 1.57 1.07 .18 .89 .50 .47 2004: I................................... 4.5 2.90 .19 1.33 1.39 1.86 .69 .42 -.19 .61 .27 1.17 II.................................. 3.3 1.10 -.02 .03 1.10 2.85 2.07 1.21 .16 1.05 .86 .78 III................................. 4.0 3.57 1.37 .94 1.26 .40 1.37 1.27 -.03 1.30 .09 -.97 IV p................................ 3.1 3.22 .56 1.16 1.50 1.48 1.06 1.05 -.10 1.15 .01 .42 -------------------------------------------------------------------------------------------------------------------------------------------------------- See next page for continuation of table. Table B-5.--Contributions to percent change in real gross domestic product, 1959-2004--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 ..................................... -.20 -.60 -.48 -.12 .40 .39 .01 .60 .23 .15 .08 .37 2002 ..................................... -.70 -.24 -.29 .05 -.46 -.42 -.04 .79 .46 .30 .16 .33 2003 ..................................... -.43 .18 .14 .04 -.61 -.54 -.07 .52 .43 .38 .06 .09 2004 p.................................... -.61 .77 .54 .23 -1.38 -1.25 -.14 .37 .32 .33 -.01 .05 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................................... -.04 -.59 -.43 -.16 .56 .43 .12 .92 .46 .25 .20 .46 II.................................. .49 -1.45 -1.43 -.02 1.94 2.23 -.28 1.35 .52 .16 .36 .83 III................................. -.56 -2.04 -1.60 -.44 1.48 1.02 .47 -.28 .00 .09 -.09 -.28 IV.................................. -.66 -1.11 -.63 -.48 .45 .21 .25 1.48 .51 .46 .05 .97 2002: I................................... -1.10 .43 -.13 .56 -1.53 -1.04 -.49 .85 .49 .23 .27 .36 II.................................. -.46 .99 .87 .13 -1.45 -1.59 .14 .81 .78 .45 .33 .03 III................................. -.43 .29 .19 .10 -.72 -.65 -.06 .40 .19 .14 .05 .21 IV.................................. -1.69 -.42 -.72 .30 -1.27 -.91 -.36 .75 .58 .54 .04 .17 2003: I................................... .14 -.15 .25 -.40 .29 .22 .06 .05 .04 -.11 .15 .02 II.................................. -.50 -.15 -.06 -.10 -.34 -.58 .24 1.35 1.40 1.49 -.09 -.05 III................................. .64 1.02 .64 .39 -.39 .00 -.39 .03 -.23 -.36 .13 .26 IV.................................. -.66 1.55 1.00 .56 -2.22 -1.96 -.26 .31 .33 .50 -.18 -.02 2004: I................................... -.76 .70 .60 .10 -1.46 -1.43 -.03 .48 .48 .47 .00 .00 II.................................. -1.06 .70 .41 .30 -1.77 -1.52 -.25 .41 .18 .09 .10 .23 III................................. -.10 .59 .64 -.06 -.69 -.62 -.07 .13 .33 .45 -.12 -.20 IV p................................ -1.73 -.40 -.50 .10 -1.34 -1.49 .15 .18 .11 .00 .11 .07 -------------------------------------------------------------------------------------------------------------------------------------------------------- Source: Department of Commerce, Bureau of Economic Analysis.