[Economic Report of the President (2006)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-2.--Real gross domestic product, 1959-2005
[Billions of chained (2000) 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..............................................................   2,441.3   1,554.6  ........  .........  ........     266.7  ........  ........  ..........  ........  ...........  ........

1960..............................................................   2,501.8   1,597.4  ........  .........  ........     266.6  ........  ........  ..........  ........  ...........  ........
1961..............................................................   2,560.0   1,630.3  ........  .........  ........     264.9  ........  ........  ..........  ........  ...........  ........
1962..............................................................   2,715.2   1,711.1  ........  .........  ........     298.4  ........  ........  ..........  ........  ...........  ........
1963..............................................................   2,834.0   1,781.6  ........  .........  ........     318.5  ........  ........  ..........  ........  ...........  ........
1964..............................................................   2,998.6   1,888.4  ........  .........  ........     344.7  ........  ........  ..........  ........  ...........  ........
1965..............................................................   3,191.1   2,007.7  ........  .........  ........     393.1  ........  ........  ..........  ........  ...........  ........
1966..............................................................   3,399.1   2,121.8  ........  .........  ........     427.7  ........  ........  ..........  ........  ...........  ........
1967..............................................................   3,484.6   2,185.0  ........  .........  ........     408.1  ........  ........  ..........  ........  ...........  ........
1968..............................................................   3,652.7   2,310.5  ........  .........  ........     431.9  ........  ........  ..........  ........  ...........  ........
1969..............................................................   3,765.4   2,396.4  ........  .........  ........     457.1  ........  ........  ..........  ........  ...........  ........

1970..............................................................   3,771.9   2,451.9  ........  .........  ........     427.1  ........  ........  ..........  ........  ...........  ........
1971..............................................................   3,898.6   2,545.5  ........  .........  ........     475.7  ........  ........  ..........  ........  ...........  ........
1972..............................................................   4,105.0   2,701.3  ........  .........  ........     532.1  ........  ........  ..........  ........  ...........  ........
1973..............................................................   4,341.5   2,833.8  ........  .........  ........     594.4  ........  ........  ..........  ........  ...........  ........
1974..............................................................   4,319.6   2,812.3  ........  .........  ........     550.6  ........  ........  ..........  ........  ...........  ........
1975..............................................................   4,311.2   2,876.9  ........  .........  ........     453.1  ........  ........  ..........  ........  ...........  ........
1976..............................................................   4,540.9   3,035.5  ........  .........  ........     544.7  ........  ........  ..........  ........  ...........  ........
1977..............................................................   4,750.5   3,164.1  ........  .........  ........     627.0  ........  ........  ..........  ........  ...........  ........
1978..............................................................   5,015.0   3,303.1  ........  .........  ........     702.6  ........  ........  ..........  ........  ...........  ........
1979..............................................................   5,173.4   3,383.4  ........  .........  ........     725.0  ........  ........  ..........  ........  ...........  ........

1980..............................................................   5,161.7   3,374.1  ........  .........  ........     645.3  ........  ........  ..........  ........  ...........  ........
1981..............................................................   5,291.7   3,422.2  ........  .........  ........     704.9  ........  ........  ..........  ........  ...........  ........
1982..............................................................   5,189.3   3,470.3  ........  .........  ........     606.0  ........  ........  ..........  ........  ...........  ........
1983..............................................................   5,423.8   3,668.6  ........  .........  ........     662.5  ........  ........  ..........  ........  ...........  ........
1984..............................................................   5,813.6   3,863.3  ........  .........  ........     857.7  ........  ........  ..........  ........  ...........  ........
1985..............................................................   6,053.7   4,064.0  ........  .........  ........     849.7  ........  ........  ..........  ........  ...........  ........
1986..............................................................   6,263.6   4,228.9  ........  .........  ........     843.9  ........  ........  ..........  ........  ...........  ........
1987..............................................................   6,475.1   4,369.8  ........  .........  ........     870.0  ........  ........  ..........  ........  ...........  ........
1988..............................................................   6,742.7   4,546.9  ........  .........  ........     890.5  ........  ........  ..........  ........  ...........  ........
1989..............................................................   6,981.4   4,675.0  ........  .........  ........     926.2  ........  ........  ..........  ........  ...........  ........

1990..............................................................   7,112.5   4,770.3     453.5    1,484.0   2,851.7     895.1     886.6     595.1      275.2      355.0      298.9        15.4
1991..............................................................   7,100.5   4,778.4     427.9    1,480.5   2,900.0     822.2     829.1     563.2      244.6      345.9      270.2         -.5
1992..............................................................   7,336.6   4,934.8     453.0    1,510.1   3,000.8     889.0     878.3     581.3      229.9      371.1      307.6        16.5
1993..............................................................   7,532.7   5,099.8     488.4    1,550.4   3,085.7     968.3     953.5     631.9      228.3      417.4      332.7        20.6
1994..............................................................   7,835.5   5,290.7     529.4    1,603.9   3,176.6   1,099.6   1,042.3     689.9      232.3      467.2      364.8        63.6
1995..............................................................   8,031.7   5,433.5     552.6    1,638.6   3,259.9   1,134.0   1,109.6     762.5      247.1      523.1      353.1        29.9
1996..............................................................   8,328.9   5,619.4     595.9    1,680.4   3,356.0   1,234.3   1,209.2     833.6      261.1      578.7      381.3        28.7
1997..............................................................   8,703.5   5,831.8     646.9    1,725.3   3,468.0   1,387.7   1,320.6     934.2      280.1      658.3      388.6        71.2
1998..............................................................   9,066.9   6,125.8     720.3    1,794.4   3,615.0   1,524.1   1,455.0   1,037.8      294.5      745.6      418.3        72.6
1999 .............................................................   9,470.3   6,438.6     804.6    1,876.6   3,758.0   1,642.6   1,576.3   1,133.3      293.2      840.2      443.6        68.9

2000..............................................................   9,817.0   6,739.4     863.3    1,947.2   3,928.8   1,735.5   1,679.0   1,232.1      313.2      918.9      446.9        56.5
2001..............................................................   9,890.7   6,910.4     900.7    1,986.7   4,023.2   1,598.4   1,629.4   1,180.5      306.1      874.2      448.5       -31.7
2002..............................................................  10,048.8   7,099.3     964.8    2,037.1   4,100.4   1,557.1   1,544.6   1,071.5      253.8      820.2      469.9        12.5
2003..............................................................  10,320.6   7,306.6   1,028.5    2,101.8   4,183.9   1,617.4   1,600.0   1,085.0      243.1      846.8      509.4        15.5
2004 .............................................................  10,755.7   7,588.6   1,089.9    2,200.4   4,310.9   1,809.8   1,755.1   1,186.7      248.4      947.6      561.8        52.0
2005 p............................................................  11,131.1   7,858.1   1,137.7    2,298.0   4,438.0   1,915.6   1,896.1   1,287.6      253.1    1,049.8      602.1        17.2

2002: I...........................................................   9,977.3   7,042.2     948.4    2,026.8   4,069.4   1,541.7   1,551.5   1,090.3      270.3      820.9      459.0       -10.2
II..........................................................  10,031.6   7,083.5     956.9    2,033.4   4,095.7   1,549.0   1,545.9   1,073.3      256.4      819.0      469.5         2.6
III.........................................................  10,090.7   7,123.2     983.4    2,035.0   4,109.0   1,570.9   1,543.2   1,068.0      245.8      825.7      471.8        28.0
IV .........................................................  10,095.8   7,148.2     970.4    2,053.1   4,127.4   1,567.0   1,537.8   1,054.5      242.5      815.4      479.3        29.5

2003: I...........................................................  10,138.6   7,192.2     979.1    2,069.5   4,146.5   1,565.3   1,540.9   1,051.6      237.3      818.7      484.8        24.0
II..........................................................  10,230.4   7,256.8   1,014.0    2,079.1   4,169.7   1,575.8   1,573.7   1,072.9      244.8      832.0      496.0         -.4
III.........................................................  10,410.9   7,360.7   1,061.0    2,121.2   4,190.2   1,640.6   1,629.0   1,101.8      244.7      862.4      521.2         9.3
IV..........................................................  10,502.6   7,416.4   1,060.0    2,137.3   4,229.4   1,687.9   1,656.3   1,113.7      245.5      874.0      535.7        29.0

2004: I...........................................................  10,612.5   7,501.4   1,071.6    2,171.9   4,269.0   1,729.1   1,684.4   1,135.1      243.4      899.1      542.4        41.9
II..........................................................  10,704.1   7,536.6   1,072.5    2,186.1   4,288.6   1,813.0   1,744.5   1,171.6      248.5      931.4      565.1        65.6
III.........................................................  10,808.9   7,617.5   1,100.4    2,206.9   4,324.0   1,833.4   1,780.2   1,204.8      249.4      965.6      568.8        50.4
IV .........................................................  10,897.1   7,698.8   1,115.1    2,236.5   4,362.1   1,863.9   1,811.3   1,235.1      252.3      994.2      571.0        50.1

2005: I...........................................................  10,999.3   7,764.9   1,122.3    2,265.6   4,392.0   1,902.9   1,842.2   1,252.2      251.0    1,014.2      584.1        58.2
II..........................................................  11,089.2   7,829.5   1,143.9    2,285.9   4,417.6   1,885.0   1,884.7   1,279.0      252.7    1,040.9      599.3        -1.7
III.........................................................  11,202.3   7,907.9   1,169.7    2,305.8   4,453.5   1,909.4   1,921.5   1,305.2      254.1    1,067.5      610.0       -13.3
IV p........................................................  11,233.5   7,930.2   1,114.7    2,334.7   4,489.1   1,965.1   1,935.9   1,314.2      254.5    1,076.8      615.2        25.7
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
See next page for continuation of table.


Table B-2.--Real gross domestic product, 1959-2005--Continued
[Billions of chained (2000) 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                  Adden-           period
Federal                       sales of      Gross       dum:    --------------------
Year or  quarter                                                             ----------------------------              domes-      domes-       Gross      Gross     Gross
Net                                                                State        tic      tic  pur-   national    domes-     domes-
exports   Exports   Imports    Total             Nation-    Non-      and       product   chases \1\  prod-  uct     tic    tic  pur-
Total    al  de-    de-      local                                \2\       prod-     chases
fense    fense                                                     uct       \1\
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1959....................................................  ........      77.2     101.9     714.3  .......  ........  .......  .........    2,442.7     2,485.9     2,457.4        7.1       7.1

1960....................................................  ........      90.6     103.3     715.4  .......  ........  .......  .........    2,506.8     2,529.6     2,519.4        2.5       1.8
1961....................................................  ........      91.1     102.6     751.3  .......  ........  .......  .........    2,566.8     2,587.6     2,579.3        2.3       2.3
1962....................................................  ........      95.7     114.3     797.6  .......  ........  .......  .........    2,708.5     2,751.4     2,736.9        6.1       6.3
1963....................................................  ........     102.5     117.3     818.1  .......  ........  .......  .........    2,830.3     2,866.0     2,857.2        4.4       4.2
1964....................................................  ........     114.6     123.6     836.1  .......  ........  .......  .........    2,999.9     3,023.2     3,023.6        5.8       5.5
1965....................................................  ........     117.8     136.7     861.3  .......  ........  .......  .........    3,173.8     3,228.6     3,217.3        6.4       6.8
1966....................................................  ........     126.0     157.1     937.1  .......  ........  .......  .........    3,364.8     3,450.3     3,423.7        6.5       6.9
1967....................................................  ........     128.9     168.5   1,008.9  .......  ........  .......  .........    3,467.6     3,545.1     3,510.1        2.5       2.7
1968....................................................  ........     139.0     193.6   1,040.5  .......  ........  .......  .........    3,640.3     3,727.5     3,680.0        4.8       5.1
1969....................................................  ........     145.7     204.6   1,038.0  .......  ........  .......  .........    3,753.7     3,844.1     3,792.0        3.1       3.1

1970....................................................  ........     161.4     213.4   1,012.9  .......  ........  .......  .........    3,787.7     3,837.4     3,798.2         .2       -.2
1971....................................................  ........     164.1     224.7     990.8  .......  ........  .......  .........    3,893.4     3,974.2     3,927.8        3.4       3.6
1972....................................................  ........     176.5     250.0     983.5  .......  ........  .......  .........    4,098.6     4,192.8     4,136.2        5.3       5.5
1973....................................................  ........     209.7     261.6     980.0  .......  ........  .......  .........    4,315.9     4,399.1     4,383.6        5.8       4.9
1974....................................................  ........     226.3     255.7   1,004.7  .......  ........  .......  .........    4,305.5     4,343.8     4,367.5        -.5      -1.3
1975....................................................  ........     224.9     227.3   1,027.4  .......  ........  .......  .........    4,352.5     4,297.0     4,348.4        -.2      -1.1
1976....................................................  ........     234.7     271.7   1,031.9  .......  ........  .......  .........    4,522.3     4,575.0     4,585.3        5.3       6.5
1977....................................................  ........     240.3     301.4   1,043.3  .......  ........  .......  .........    4,721.6     4,818.5     4,800.3        4.6       5.3
1978....................................................  ........     265.7     327.6   1,074.0  .......  ........  .......  .........    4,981.6     5,081.5     5,064.4        5.6       5.5
1979....................................................  ........     292.0     333.0   1,094.1  .......  ........  .......  .........    5,161.2     5,206.8     5,240.1        3.2       2.5

1980....................................................  ........     323.5     310.9   1,115.4  .......  ........  .......  .........    5,196.7     5,108.9     5,227.6        -.2      -1.9
1981....................................................  ........     327.4     319.1   1,125.6  .......  ........  .......  .........    5,265.1     5,244.7     5,349.7        2.5       2.7
1982....................................................  ........     302.4     315.0   1,145.4  .......  ........  .......  .........    5,233.4     5,175.1     5,249.7       -1.9      -1.3
1983....................................................  ........     294.6     354.8   1,187.3  .......  ........  .......  .........    5,454.0     5,477.6     5,482.5        4.5       5.8
1984....................................................  ........     318.7     441.1   1,227.0  .......  ........  .......  .........    5,739.2     5,951.6     5,869.3        7.2       8.7
1985....................................................  ........     328.3     469.8   1,312.5  .......  ........  .......  .........    6,042.1     6,215.8     6,093.4        4.1       4.4
1986....................................................  ........     353.7     510.0   1,392.5  .......  ........  .......  .........    6,271.8     6,443.6     6,290.6        3.5       3.7
1987....................................................  ........     391.8     540.2   1,426.7  .......  ........  .......  .........    6,457.2     6,644.1     6,500.9        3.4       3.1
1988....................................................  ........     454.6     561.4   1,445.1  .......  ........  .......  .........    6,734.5     6,857.9     6,775.2        4.1       3.2
1989....................................................  ........     506.8     586.0   1,482.5  .......  ........  .......  .........    6,962.2     7,060.8     7,015.4        3.5       3.0

1990....................................................     -54.7     552.5     607.1   1,530.0    659.1     479.4    178.6     868.4     7,108.5     7,161.6     7,155.2        1.9       1.4
1991....................................................     -14.6     589.1     603.7   1,547.2    658.0     474.2    182.8     886.8     7,115.0     7,101.2     7,136.8        -.2       -.8
1992....................................................     -15.9     629.7     645.6   1,555.3    646.6     450.7    195.4     906.5     7,331.1     7,338.9     7,371.8        3.3       3.3
1993....................................................     -52.1     650.0     702.1   1,541.1    619.6     425.3    194.1     919.5     7,522.3     7,577.2     7,568.6        2.7       3.2
1994....................................................     -79.4     706.5     785.9   1,541.3    596.4     404.6    191.7     943.3     7,777.8     7,911.3     7,864.2        4.0       4.4
1995....................................................     -71.0     778.2     849.1   1,549.7    580.3     389.2    191.0     968.3     8,010.2     8,098.4     8,069.8        2.5       2.4
1996....................................................     -79.6     843.4     923.0   1,564.9    573.5     383.8    189.6     990.5     8,306.5     8,405.7     8,365.3        3.7       3.8
1997....................................................    -104.6     943.7   1,048.3   1,594.0    567.6     373.0    194.5   1,025.9     8,636.6     8,807.6     8,737.5        4.5       4.8
1998....................................................    -203.7     966.5   1,170.3   1,624.4    561.2     365.3    195.9   1,063.0     8,997.6     9,272.5     9,088.7        4.2       5.3
1999....................................................    -296.2   1,008.2   1,304.4   1,686.9    573.7     372.2    201.5   1,113.2     9,404.0     9,767.7     9,504.7        4.5       5.3

2000....................................................    -379.5   1,096.3   1,475.8   1,721.6    578.8     370.3    208.5   1,142.8     9,760.5    10,196.4     9,855.9        3.7       4.4
2001....................................................    -399.1   1,036.7   1,435.8   1,780.3    601.4     384.9    216.5   1,179.0     9,920.9    10,290.1     9,933.6         .8        .9
2002....................................................    -471.3   1,013.3   1,484.6   1,858.8    643.4     413.2    230.2   1,215.4    10,036.5    10,517.7    10,079.0        1.6       2.2
2003....................................................    -521.4   1,031.2   1,552.6   1,911.1    687.8     449.7    238.0   1,223.3    10,303.6    10,837.3    10,385.2        2.7       3.0
2004 ...................................................    -601.3   1,117.9   1,719.2   1,952.3    723.7     481.3    242.2   1,228.4    10,702.4    11,348.7    10,805.7        4.2       4.7
2005 p..................................................    -631.9   1,193.3   1,825.2   1,985.1    738.4     492.2    246.0   1,246.5    11,112.2    11,754.1   ..........       3.5       3.6

2002: I.................................................    -441.3     992.8   1,434.0   1,832.0    623.2     399.2    224.0   1,208.9     9,986.8    10,418.0    10,004.1        2.7       3.6
II................................................    -458.9   1,018.0   1,476.9   1,853.4    641.7     410.2    231.5   1,211.8    10,028.4    10,488.5    10,048.6        2.2       2.7
III ..............................................    -472.2   1,025.2   1,497.4   1,863.9    646.5     414.4    232.2   1,217.5    10,063.5    10,560.4    10,119.7        2.4       2.8
IV ...............................................    -513.0   1,017.2   1,530.2   1,885.8    662.3     428.9    233.4   1,223.6    10,067.3    10,604.1    10,143.8         .2       1.7

2003: I.................................................    -510.7   1,009.7   1,520.4   1,884.4    662.8     425.0    237.9   1,221.6    10,114.7    10,644.7    10,182.0        1.7       1.5
II................................................    -528.4   1,004.5   1,532.9   1,917.5    696.8     460.1    236.4   1,220.7    10,228.2    10,753.8    10,294.1        3.7       4.2
III ..............................................    -516.2   1,032.2   1,548.4   1,920.1    693.2     452.5    240.6   1,226.8    10,399.5    10,923.1    10,474.7        7.2       6.5
IV ...............................................    -530.2   1,078.4   1,608.6   1,922.6    698.5     461.2    237.0   1,224.1    10,471.8    11,027.6    10,590.0        3.6       3.9

2004: I.................................................    -563.0   1,091.8   1,654.8   1,938.4    716.5     476.4    239.9   1,221.8    10,568.9    11,168.8    10,689.5        4.3       5.2
II................................................    -601.7   1,110.2   1,711.9   1,949.5    722.2     477.4    244.6   1,227.1    10,637.4    11,297.4    10,747.7        3.5       4.7
III ..............................................    -606.5   1,125.0   1,731.5   1,958.4    728.6     487.7    240.6   1,229.6    10,757.1    11,407.0    10,854.1        4.0       3.9
IV ...............................................    -634.1   1,144.5   1,778.6   1,962.8    727.6     483.7    243.6   1,235.0    10,846.0    11,522.0    10,931.8        3.3       4.1

2005: I.................................................    -645.4   1,165.3   1,810.7   1,971.9    731.8     487.3    244.3   1,239.8    10,940.3    11,635.4    11,036.3        3.8       4.0
II................................................    -614.2   1,195.4   1,809.6   1,984.1    736.1     491.7    244.2   1,247.8    11,089.2    11,694.8    11,122.5        3.3       2.1
III ..............................................    -617.5   1,202.7   1,820.2   1,998.1    749.5     503.6    245.6   1,248.5    11,214.4    11,811.2    11,243.2        4.1       4.0
IV p..............................................    -650.3   1,209.8   1,860.1   1,986.2    736.1     486.2    249.7   1,249.8    11,205.0    11,875.1   ..........       1.1       2.2
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
\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.