[Economic Report of the President (2007)] [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, 1959-2006 [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 ..................................... 1.6 1.90 .61 .50 .79 -.41 -.84 -1.06 -.55 -.51 .22 .43 2003 ..................................... 2.5 1.94 .50 .64 .80 .54 .51 .10 -.11 .21 .41 .04 2004 ..................................... 3.9 2.71 .54 .73 1.45 1.49 1.11 .58 .06 .52 .53 .38 2005 ..................................... 3.2 2.44 .45 .90 1.09 .87 1.17 .67 .03 .64 .50 -.30 2003: I................................... 1.2 1.41 .03 .75 .63 -.16 -.04 -.24 -.18 -.06 .20 -.12 II.................................. 3.5 2.53 1.35 .45 .73 .51 1.52 1.01 .35 .66 .51 -1.01 III................................. 7.5 4.13 1.39 1.53 1.21 2.56 2.00 .92 -.02 .95 1.08 .56 IV.................................. 2.7 1.59 .06 .36 1.18 1.39 .83 .29 -.12 .41 .55 .56 2004: I................................... 3.9 3.30 .51 .86 1.92 .74 .34 .18 .08 .10 .16 .40 II.................................. 4.0 2.07 .14 .34 1.59 3.17 1.72 .69 .17 .52 1.03 1.44 III................................. 3.1 2.74 .71 .74 1.30 .32 1.16 .97 .08 .90 .18 -.84 IV ................................. 2.6 2.97 .50 1.07 1.39 .82 .77 .81 -.05 .86 -.04 .05 2005: I................................... 3.4 1.94 .20 1.04 .70 1.32 1.22 .59 .14 .45 .63 .09 II.................................. 3.3 2.94 1.02 .98 .94 -.61 1.62 .51 -.06 .56 1.11 -2.23 III................................. 4.2 2.76 .74 .70 1.32 .84 1.02 .59 -.20 .78 .43 -.18 IV ................................. 1.8 .53 -1.08 .79 .83 2.51 .46 .52 .31 .21 -.06 2.05 2006: I................................... 5.6 3.38 1.50 1.20 .67 1.31 1.34 1.36 .25 1.11 -.02 -.03 II.................................. 2.6 1.81 -.01 .30 1.52 .17 -.27 .45 .56 -.10 -.72 .44 III................................. 2.0 1.96 .50 .32 1.14 -.13 -.19 1.01 .46 .55 -1.20 .06 -------------------------------------------------------------------------------------------------------------------------------------------------------- See next page for continuation of table. Table B-5.--Contributions to percent change in real gross domestic product, 1959-2006--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 ..................................... -.69 -.23 -.28 .06 -.46 -.41 -.05 .80 .43 .29 .14 .37 2003 ..................................... -.44 .12 .12 .00 -.56 -.56 .00 .47 .44 .37 .08 .02 2004 ..................................... -.65 .88 .60 .28 -1.53 -1.29 -.24 .36 .30 .27 .03 .06 2005 ..................................... -.26 .68 .52 .16 -.94 -.87 -.07 .17 .11 .08 .03 .06 2003: I................................... .21 -.53 .13 -.65 .74 .47 .27 -.26 .01 -.20 .21 -.27 II.................................. -.73 -.16 -.08 -.08 -.57 -.97 .40 1.16 1.26 1.41 -.16 -.10 III................................. .51 1.02 .55 .47 -.51 -.07 -.44 .29 .03 -.25 .28 .26 IV.................................. -.47 1.81 1.20 .61 -2.29 -1.86 -.43 .14 .21 .35 -.14 -.07 2004: I................................... -.73 .69 .47 .22 -1.42 -1.17 -.25 .55 .49 .41 .09 .06 II.................................. -1.62 .60 .43 .17 -2.22 -2.03 -.18 .43 .18 .09 .08 .25 III................................. -.20 .46 .55 -.09 -.66 -.59 -.08 .24 .34 .41 -.07 -.10 IV ................................. -.81 .96 .42 .54 -1.77 -1.55 -.22 -.37 -.38 -.45 .08 .01 2005: I................................... -.16 .47 .38 .09 -.63 -.64 .01 .31 .23 .21 .03 .08 II.................................. .72 .94 .88 .06 -.22 -.26 .04 .21 .03 .13 -.11 .18 III................................. -.06 .33 .27 .06 -.39 -.36 -.03 .64 .66 .52 .14 -.01 IV ................................. -1.07 .97 .80 .17 -2.04 -1.84 -.20 -.21 -.33 -.49 .16 .13 2006: I................................... -.04 1.41 1.20 .21 -1.46 -1.27 -.19 .94 .61 .41 .20 .33 II.................................. .42 .66 .45 .21 -.24 .01 -.25 .16 -.32 -.09 -.23 .48 III................................. -.19 .73 .71 .03 -.93 -1.00 .07 .32 .09 -.06 .15 .23 -------------------------------------------------------------------------------------------------------------------------------------------------------- Source: Department of Commerce, Bureau of Economic Analysis.