[Economic Report of the President (2007)] [Administration of George W. Bush] [Online through the Government Printing Office, www.gpo.gov] Table B-2.--Real gross domestic product, 1959-2006 [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.............................................................. 10,301.0 7,295.3 1,020.6 2,103.0 4,178.8 1,613.1 1,596.9 1,081.8 243.5 843.1 509.4 14.3 2004 ............................................................. 10,703.5 7,577.1 1,085.7 2,179.2 4,323.9 1,770.6 1,713.9 1,145.8 248.7 904.2 559.9 53.4 2005 ............................................................. 11,048.6 7,841.2 1,145.3 2,276.8 4,436.6 1,866.3 1,842.0 1,223.8 251.5 984.9 608.0 19.6 2003: I........................................................... 10,126.0 7,184.9 971.4 2,072.5 4,143.3 1,561.8 1,536.3 1,047.5 238.2 813.3 484.1 24.3 II.......................................................... 10,212.7 7,249.3 1,009.8 2,084.2 4,161.3 1,574.4 1,575.6 1,074.5 246.5 831.7 496.3 -2.7 III......................................................... 10,398.7 7,352.9 1,049.6 2,123.0 4,190.7 1,639.7 1,626.7 1,098.8 246.0 857.8 521.8 10.5 IV.......................................................... 10,467.0 7,394.3 1,051.4 2,132.5 4,220.2 1,676.5 1,648.9 1,106.5 243.1 869.5 535.2 25.0 2004: I........................................................... 10,566.3 7,479.8 1,067.0 2,155.3 4,268.2 1,696.4 1,658.0 1,111.2 245.0 872.0 539.2 35.9 II.......................................................... 10,671.5 7,534.4 1,071.4 2,164.3 4,308.4 1,781.9 1,704.4 1,130.7 249.1 887.6 564.1 74.7 III......................................................... 10,753.3 7,607.1 1,093.9 2,184.0 4,341.5 1,790.8 1,736.1 1,158.8 251.0 915.1 568.6 50.8 IV ......................................................... 10,822.9 7,687.1 1,110.3 2,213.1 4,377.4 1,813.4 1,757.1 1,182.3 249.7 942.0 567.7 52.0 2005: I........................................................... 10,913.8 7,739.4 1,116.8 2,241.5 4,395.3 1,849.6 1,790.6 1,199.7 253.0 956.5 582.8 55.2 II.......................................................... 11,001.8 7,819.8 1,150.8 2,268.4 4,420.0 1,832.6 1,835.8 1,214.8 251.7 974.8 609.9 -7.4 III......................................................... 11,115.1 7,895.3 1,175.9 2,287.6 4,454.5 1,855.9 1,864.2 1,232.4 247.1 1,000.6 620.4 -12.7 IV ......................................................... 11,163.8 7,910.2 1,137.9 2,309.6 4,476.7 1,927.0 1,877.3 1,248.2 254.2 1,007.6 618.9 43.5 2006: I........................................................... 11,316.4 8,003.8 1,190.5 2,342.8 4,494.5 1,963.6 1,914.6 1,288.8 259.6 1,044.8 618.5 41.2 II.......................................................... 11,388.1 8,055.0 1,190.3 2,351.1 4,535.4 1,968.5 1,906.8 1,302.8 271.9 1,041.2 600.5 53.7 III ........................................................ 11,443.5 8,111.2 1,208.8 2,360.1 4,566.6 1,964.8 1,901.3 1,334.2 282.0 1,060.7 570.3 55.4 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ See next page for continuation of table. Table B-2.--Real gross domestic product, 1959-2006--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.................................................... -518.9 1,026.1 1,545.0 1,904.8 687.1 449.0 238.0 1,217.8 10,285.1 10,815.5 10,355.3 2.5 2.8 2004 ................................................... -590.9 1,120.4 1,711.3 1,940.6 716.6 475.4 241.0 1,223.9 10,648.3 11,286.5 10,746.8 3.9 4.4 2005 ................................................... -619.2 1,196.1 1,815.3 1,958.0 727.5 483.6 243.7 1,230.4 11,025.2 11,659.7 11,077.9 3.2 3.3 2003: I................................................. -507.2 1,003.3 1,510.5 1,879.3 662.5 424.2 238.4 1,216.9 10,100.9 10,629.0 10,163.8 1.2 .9 II................................................ -526.9 999.0 1,525.9 1,907.5 693.0 458.4 234.5 1,214.4 10,213.7 10,734.6 10,266.9 3.5 4.0 III .............................................. -513.8 1,026.3 1,540.0 1,914.5 693.7 452.2 241.5 1,220.8 10,385.9 10,908.7 10,449.9 7.5 6.6 IV ............................................... -527.8 1,075.8 1,603.6 1,918.0 699.0 461.1 237.8 1,219.0 10,440.0 10,989.5 10,540.5 2.7 3.0 2004: I................................................. -548.5 1,094.8 1,643.2 1,931.8 711.3 471.3 239.9 1,220.4 10,528.7 11,108.5 10,632.2 3.9 4.4 II................................................ -593.9 1,111.3 1,705.2 1,942.6 715.7 473.6 241.9 1,226.8 10,596.1 11,257.2 10,709.4 4.0 5.5 III .............................................. -599.4 1,124.3 1,723.7 1,948.7 724.5 484.0 240.1 1,224.1 10,700.1 11,344.5 10,796.3 3.1 3.1 IV ............................................... -621.9 1,151.3 1,773.1 1,939.3 714.9 472.6 242.1 1,224.3 10,768.2 11,435.9 10,849.3 2.6 3.3 2005: I................................................. -626.4 1,164.5 1,790.9 1,947.2 720.8 477.8 242.8 1,226.3 10,856.5 11,531.5 10,946.0 3.4 3.4 II................................................ -606.1 1,191.0 1,797.1 1,952.6 721.6 481.1 240.1 1,230.9 11,005.3 11,599.9 11,028.2 3.3 2.4 III .............................................. -607.6 1,200.5 1,808.1 1,968.8 738.2 494.1 243.8 1,230.5 11,123.5 11,714.6 11,162.0 4.2 4.0 IV ............................................... -636.6 1,228.4 1,865.0 1,963.5 729.6 481.4 248.0 1,233.7 11,115.5 11,792.9 11,175.6 1.8 2.7 2006: I................................................. -636.6 1,269.3 1,905.9 1,987.1 745.1 491.8 253.1 1,242.0 11,269.0 11,946.3 11,342.7 5.6 5.3 II................................................ -624.2 1,288.5 1,912.7 1,991.2 736.6 489.3 247.0 1,254.4 11,328.0 12,005.9 11,408.5 2.6 2.0 III .............................................. -628.8 1,310.0 1,938.8 1,999.4 738.9 487.9 250.9 1,260.3 11,381.6 12,066.6 11,458.5 2.0 2.0 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \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.