[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]
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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
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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]
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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
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\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.