Total output, income, and spending – Statistical Data Included
GROSS DOMESTIC PRODUCT
In the second quarter of 2001, according to revised estimates,
current-dollar, gross domestic product (GDP) rose 2.4 percent
(annual rate), real GDP (GDP in chained 1996 dollars) rose 0.3
percent, and the implicit price deflator rose 2.1 percent.
[GRAPHIC OMITTED] [Billions of current dollars; quarterly data at seasonally adjustedannual rates]
Exports and
imports of
goods and
services
Gross
Gross Personal private Net
Period domestic consumption domestic exports Exports
product expenditures investment
1991 5,986.2 3,971.2 800.2 -20.7 601.6
1992 6,318.9 4,209.7 866.6 -27.9 636.8
1993 6,642.3 4,454.7 955.1 -60.5 658.0
1994 7,054.3 4,716.4 1,097.1 -87.1 725.1
1995 7,400.5 4,969.0 1,143.8 -84.3 818.6
1996 7,813.2 5,237.5 1,242.7 -89.0 874.2
1997 8,318.4 5,529.3 1,390.5 -89.3 966.4
1998 8,781.5 5,856.0 1,538.7 -151.7 964.9
1999 9,268.6 6,250.2 1,636.7 -250.9 989.8
2000 9,872.9 6,728.4 1,767.5 -364.0 1,102.9
1998: I 8,627.8 5,719.9 1,528.7 -122.6 974.1
II 8,697.3 5,820.0 1,498.4 -154.9 959.2
III 8,816.5 5,895.1 1,538.6 -165.3 946.7
IV 8,984.5 5,989.1 1,589.3 -164.1 979.7
1999: I 9,093.1 6,080.7 1,621.3 -199.7 960.2
II 9,161.4 6,197.1 1,595.7 -241.1 971.3
III 9,297.4 6,298.4 1,631.7 -273.9 996.6
IV 9,522.5 6,424.7 1,698.1 -288.7 1,031.0
2000: I 9,668.7 6,581.9 1,709.0 -333.9 1,059.7
II 9,857.6 6,674.9 1,792.4 -350.8 1,099.7
III 9,937.5 6,785.5 1,788.4 -380.6 1,131.1
IV 10,027.9 6,871.4 1,780.3 -390.6 1,121.0
2001: I 10,141.7 6,977.6 1,722.8 -363.8 1,117.4
II (r) 10,202.6 7,044.6 1,669.9 -347.4 1,079.6
Exports
and
imports
of goods Government consumption expenditures
and and gross investment
services
Federal
Na- State
tional Non- and
Period Imports Total Total defense defense local
1991 622.3 1,235.5 527.4 384.5 142.9 708.1
1992 664.6 1,270.5 534.5 378.5 156.0 736.0
1993 718.5 1,293.0 527.3 364.9 162.4 765.7
1994 812.1 1,327.9 521.1 355.1 165.9 806.8
1995 902.8 1,372.0 521.5 350.6 170.9 850.5
1996 963.1 1,421.9 531.6 357.0 174.6 890.4
1997 1,055.8 1,487.9 538.2 352.6 185.6 949.7
1998 1,116.7 1,538.5 539.2 349.1 190.1 999.3
1999 1,240.6 1,632.5 564.0 364.5 199.5 1,068.5
2000 1,466.9 1,741.0 590.2 375.4 214.8 1,150.8
1998: I 1,096.7 1,501.8 526.1 338.4 187.7 975.8
II 1,114.1 1,533.8 542.9 348.8 194.2 990.9
III 1,112.0 1,548.1 539.5 354.7 184.8 1,008.6
IV 1,143.8 1,570.3 548.4 354.7 193.7 1,021.9
1999: I 1,160.0 1,590.9 549.8 356.1 193.6 1,041.1
II 1,212.4 1,609.6 553.1 354.2 198.9 1,056.5
III 1,270.5 1,641.2 565.6 366.7 199.0 1,075.6
IV 1,319.7 1,688.3 587.6 381.1 206.5 1,100.7
2000: I 1,393.6 1,711.8 578.5 366.6 211.9 1,133.2
II 1,450.4 1,741.1 601.0 380.4 220.6 1,140.1
III 1,511.8 1,744.2 587.0 372.1 214.9 1,157.2
IV 1,511.6 1,766.8 594.2 382.4 211.8 1,172.6
2001: I 1,481.2 1,805.2 605.3 392.9 212.4 1,199.8
II (r) 1,427.0 1,835.4 609.9 396.1 213.8 1,225.5
Final Addendum:
sales of Gross Gross
Period domestic domestic national
product purchases (1) product
1991 5,986.4 6,006.9 6,010.9
1992 6,303.9 6,346.8 6,342.3
1993 6,621.2 6,702.8 6,666.7
1994 6,991.8 7,141.4 7,071.1
1995 7,367.5 7,484.8 7,420.9
1996 7,783.2 7,902.1 7,831.2
1997 8,255.5 8,407.7 8,325.4
1998 8,708.4 8,933.3 8,778.1
1999 9,210.0 9,519.5 9,261.8
2000 9,823.6 10,236.9 9,860.8
1998: I 8,521.1 8,750.4 8,634.5
II 8,656.4 8,852.2 8,700.3
III 8,747.0 8,981.8 8,802.1
IV 8,909.1 9,148.6 8,975.4
1999: I 9,012.9 9,292.9 9,089.5
II 9,131.3 9,402.5 9,157.0
III 9,258.4 9,571.4 9,283.8
IV 9,437.6 9,811.2 9,517.0
2000: I 9,637.8 10,002.6 9,650.7
II 9,782.2 10,208.4 9,841.0
III 9,884.9 10,318.1 9,919.4
IV 9,989.2 10,418.5 10,032.1
2001: I 10,167.2 10,505.6 10,131.3
II (r) 10,239.1 10,549.9 10,190.9
(1) GDP less exports of goods and services plus imports of goods
and services.
Source: Department of Commerce, Bureau of Economic Analysis.
REAL GROSS DOMESTIC PRODUCT
[Billions of chained (1996) dollars; quarterly dataat seasonally adjusted annual rates]
Gross private
domestic investment
Personal Nonresi- Resi-
Gross con- dential dential Change in
Period domestic sumption fixed fixed private
product expendi- invest- invest- inventories
tures ment ment
1991 6,676.4 4,466.6 610.1 221.1 -1.0
1992 6,880.0 4,594.5 630.6 257.2 17.1
1993 7,062.6 4,748.9 683.6 276.0 20.0
1994 7,347.7 4,928.1 744.6 302.7 66.8
1995 7,543.8 5,075.6 817.5 291.7 30.4
1996 7,813.2 5,237.5 899.4 313.3 30.0
1997 8,159.5 5,423.9 1,009.3 319.7 63.8
1998 8,508.9 5,683.7 1,135.9 345.1 76.7
1999 8,856.5 5,968.4 1,228.6 368.3 62.1
2000 9,224.0 6,257.8 1,350.7 371.4 50.6
1998: I 8,396.3 5,576.3 1,099.5 333.0 113.1
II 8,442.9 5,660.2 1,132.3 340.5 42.0
III 8,528.5 5,713.7 1,136.6 349.5 71.8
IV 8,667.9 5,784.7 1,175.4 357.4 80.0
1999: I 8,733.5 5,854.0 1,192.6 366.3 83.4
II 8,771.2 5,936.1 1,214.9 368.9 32.7
III 8,871.5 6,000.0 1,244.6 368.2 39.6
IV 9,049.9 6,083.6 1,262.4 369.7 92.7
2000: I 9,102.5 6,171.7 1,309.4 377.3 28.9
II 9,229.4 6,226.3 1,347.7 376.5 78.9
III 9,260.1 6,292.1 1,371.1 366.3 51.7
IV 9,303.9 6,341.1 1,374.5 365.3 42.8
2001: I 9,334.5 6,388.5 1,373.9 372.9 -27.1
II (r) 9,341.7 6,428.4 1,320.9 378.3 -38.3
Government consumption
Exports and imports of expenditures and gross
goods and services investment
Federal
Net National
Period exports Exports Imports Total Total defense
1991 -15.8 613.2 629.0 1,403.4 604.9 438.4
1992 -19.8 651.0 670.8 1,410.0 595.1 417.1
1993 -59.1 672.7 731.8 1,398.8 572.0 394.7
1994 -86.5 732.8 819.4 1,400.1 551.3 375.9
1995 -78.4 808.2 886.6 1,406.4 536.5 361.9
1996 -89.0 874.2 963.1 1,421.9 531.6 357.0
1997 -113.3 981.5 1,094.8 1,455.4 529.6 347.7
1998 -221.1 1,002.4 1,223.5 1,483.3 525.4 341.6
1999 -316.9 1,034.9 1,351.7 1,531.8 536.7 348.6
2000 -399.1 1,133.2 1,532.3 1,572.6 545.9 349.0
1998: I -180.8 1,003.4 1,184.2 1,456.1 515.0 332.0
II -223.1 993.1 1,216.2 1,482.6 530.1 342.0
III -241.2 987.6 1,228.9 1,489.9 524.9 346.5
IV -239.2 1,025.6 1,264.8 1,504.8 531.7 345.8
1999: I -283.0 1,007.6 1,290.6 1,512.3 526.7 342.7
II -313.4 1,018.0 1,331.4 1,516.8 527.7 339.7
III -333.3 1,041.8 1,375.1 1,533.2 537.0 350.0
IV -337.8 1,072.1 1,409.8 1,564.8 555.5 361.9
2000: I -371.1 1,095.5 1,466.6 1,560.4 536.8 342.3
II -392.8 1,130.6 1,523.4 1,577.2 556.9 354.8
III -411.2 1,159.3 1,570.6 1,570.0 541.8 345.1
IV -421.1 1,147.5 1,568.5 1,582.8 547.9 353.8
2001: I -404.5 1,144.1 1,548.6 1,603.4 552.2 360.3
II (r) -406.7 1,108.3 1,515.0 1,623.0 554.7 362.4
Government
consumption
expenditures and
gross investment
Federal
Final Addendum:
State sale of Gross Gross
Period Non- and domestic domestic national
defense local product purchases (1) product
1991 166.0 798.9 6,681.5 6,688.4 6,703.4
1992 177.9 815.3 6,867.7 6,896.4 6,905.8
1993 177.3 827.0 7,043.8 7,120.6 7,087.8
1994 175.5 848.9 7,285.8 7,434.2 7,364.3
1995 174.6 869.9 7,512.2 7,621.8 7,564.0
1996 174.6 890.4 7,783.2 7,902.1 7,831.2
1997 181.8 925.8 8,095.2 8,271.7 8,168.1
1998 183.8 957.7 8,431.8 8,721.3 8,508.4
1999 188.1 994.7 8,792.0 9,154.9 8,853.0
2000 196.7 1,026.3 9,167.0 9,594.7 9,216.4
1998: I 183.0 940.8 8,286.6 8,571.6 8,405.4
II 188.0 952.4 8,397.2 8,657.0 8,448.7
III 178.4 964.7 8,454.9 8,759.7 8,517.6
IV 185.8 972.8 8,588.5 8,896.6 8,662.0
1999: I 183.9 985.2 8,651.2 9,002.3 8,732.9
II 188.0 988.6 8,735.1 9,066.5 8,769.7
III 187.0 995.8 8,825.6 9,184.1 8,861.5
IV 193.6 1,009.1 8,956.3 9,366.5 9,047.9
2000: I 194.4 1,023.0 9,061.6 9,448.5 9,089.1
II 202.0 1,020.1 9,148.5 9,594.5 9,217.7
III 196.5 1,027.6 9,201.3 9,641.5 9,247.2
IV 194.0 1,034.3 9,256.7 9,694.4 9,311.7
2001: I 191.8 1,050.5 9,347.8 9,710.4 9,329.1
II (r) 192.3 1,067.4 9,364.8 9,720.4 9,335.5
(1) GDP less experts of goods and services plus imports of goods and
services.
NOTE.–Because of the formula used for calculating real GDP, the
chained (1996) dollar estimates for the detailed components do not
add to the chained-dollar value of the GDP or to any intermediate
aggregates.
Source: Department of Commerce, Bureau of Economic Analysis.
IMPLICIT PRICE DEFLATORS FOR GROSS DOMESTIC PRODUCT
[Index numbers, 1996 = 100; quarterly data are seasonally adjusted]Personal consumption
expenditures
Gross
Period domestic Total Durable Nondurable Services
product goods goods
1991 89.66 88.91 97.39 93.76 84.82
1992 91.84 91.62 98.28 95.20 88.50
1993 94.05 93.81 99.06 96.14 91.56
1994 96.01 95.70 100.56 96.83 94.16
1995 98.10 97.90 101.06 97.93 97.25
1996 100.00 100.00 100.00 100.00 100.00
1997 101.95 101.94 97.75 101.34 103.12
1998 103.20 103.03 95.40 101.31 105.53
1999 104.65 104.72 93.04 103.67 107.80
2000 107.04 107.52 91.53 107.55 111.10
1998: I 102.76 102.58 96.29 101.17 104.61
II 103.01 102.82 95.77 100.99 105.25
III 103.38 103.17 95.13 101.36 105.81
IV 103.65 103.53 94.51 101.69 106.41
1999: I 104.12 103.87 93.73 102.16 106.94
II 104.45 104.40 93.25 103.27 107.39
III 104.80 104.97 92.84 104.12 108.07
IV 105.22 105.61 92.42 105.09 108.77
2000: I 106.22 106.65 91.99 106.51 109.98
II 106.81 107.20 91.80 107.23 110.63
III 107.31 107.84 91.29 107.96 111.51
IV 107.78 108.36 91.03 108.48 112.23
2001: I 108.65 109.22 90.86 109.00 113.52
II (r) 109.21 109.59 90.05 109.73 113.99
Gross private Exports and imports
domestic investment of goods and services
Nonresidential Residential
Period fixed fixed Exports Imports
1991 99.80 86.64 98.10 98.93
1992 99.29 87.69 97.82 99.09
1993 99.81 91.23 97.82 98.18
1994 100.54 94.48 98.94 99.12
1995 100.93 97.91 101.28 101.83
1996 100.00 100.00 100.00 100.00
1997 99.02 102.68 98.47 96.44
1998 96.95 105.58 96.26 91.27
1999 95.60 109.57 95.65 91.78
2000 95.73 114.46 97.33 95.73
1998: I 97.75 104.25 97.08 92.61
II 97.14 105.03 96.58 91.61
III 96.66 105.99 95.86 90.49
IV 96.28 106.92 95.52 90.43
1999: I 96.03 108.05 95.30 89.88
II 95.74 109.12 95.42 91.06
III 95.39 110.11 95.66 92.39
IV 95.29 110.98 96.17 93.61
2000: I 95.53 113.22 96.74 95.03
II 95.59 113.87 97.27 95.21
III 95.90 114.91 97.57 96.26
IV 95.90 115.90 97.70 96.37
2001: I 95.44 117.21 97.67 95.65
II (r) 95.40 117.96 97.41 94.19
Government consumption expenditures
and gross investment
Federal
National State and
Period Total defense Nondefense local
1991 87.18 87.70 86.07 88.64
1992 89.82 90.75 87.71 90.28
1993 92.18 92.45 91.58 92.59
1994 94.51 94.49 94.55 95.04
1995 97.21 96.88 97.90 97.77
1996 100.00 100.00 100.00 100.00
1997 101.63 101.41 102.06 102.58
1998 102.63 102.22 103.41 104.34
1999 105.08 104.58 106.05 107.42
2000 108.12 107.56 109.21 112.14
1998: I 102.14 101.92 102.59 103.72
II 102.43 101.98 103.29 104.05
III 102.78 102.37 103.56 104.55
IV 103.15 102.60 104.21 105.04
1999: I 104.38 103.93 105.26 105.68
II 104.80 104.28 105.81 106.87
III 105.32 104.76 106.41 108.01
IV 105.78 105.32 106.67 109.08
2000: I 107.77 107.10 109.05 110.77
II 107.91 107.22 109.21 111.77
III 108.35 107.81 109.37 112.62
IV 108.45 108.08 109.19 113.37
2001: I 109.62 109.05 110.74 114.21
II (r) 109.96 109.31 111.20 114.81
Source: Department of Commerce, Bureau of Economic Analysis.
GROSS DOMESTIC PRODUCT AND RELATED PRICE MEASURES:
INDEXES AND PERCENT CHANGES
[Quarterly data are seasonally adjusted]Index numbers, 1996 = 100
Real GDP GDP
GDP (chain-type GDP implicit
Period (current quantity chain-type price
dollars) index) price index deflator
1991 76.62 85.45 89.66 89.66
1992 80.88 88.06 91.85 91.84
1993 85.01 90.39 94.05 94.05
1994 90.29 94.04 96.01 96.01
1995 94.72 96.55 98.10 98.10
1996 100.00 100.00 100.00 100.00
1997 106.47 104.43 101.95 101.95
1998 112.39 108.91 103.20 103.20
1999 118.63 113.35 104.66 104.65
2000 126.36 118.06 107.04 107.04
1996: I 97.65 98.25 99.40 99.39
II 99.61 99.87 99.74 99.74
III 100.59 100.37 100.23 100.22
IV 102.15 101.51 100.63 100.63
1997: I 103.98 102.60 101.36 101.34
II 105.97 104.08 101.82 101.82
III 107.39 105.16 102.12 102.12
IV 108.52 105.88 102.49 102.49
1998: I 110.43 107.46 102.76 102.76
II 111.32 108.06 103.02 103.01
III 112.84 109.16 103.38 103.38
IV 114.99 110.94 103.66 103.65
1999: I 116.38 111.78 104.10 104.12
II 117.26 112.26 104.45 104.45
III 119.00 113.55 104.81 104.80
IV 121.88 115.83 105.28 105.22
2000: I 123.75 116.50 106.25 106.22
II 126.17 118.13 106.81 106.81
III 127.19 118.52 107.31 107.31
IV 128.35 119.08 107.78 107.78
2001: I 129.80 119.47 108.65 108.65
II (r) 130.58 119.56 109.22 109.21
Percent change from preceding period (1)
Real GDP GDP
GDP (chain-type GDP implicit
Period (current quantity chain-type price
dollars) index) price index deflator
1991 3.2 -0.5 3.6 3.6
1992 5.6 3.0 2.4 2.4
1993 5.1 2.7 2.4 2.4
1994 6.2 4.0 2.1 2.1
1995 4.9 2.7 2.2 2.2
1996 5.6 3.6 1.9 1.9
1997 6.5 4.4 1.9 1.9
1998 5.6 4.3 1.2 1.2
1999 5.5 4.1 1.4 1.4
2000 6.5 4.1 2.3 2.3
1996: I 5.4 2.9 2.5 2.5
II 8.3 6.8 1.4 1.4
III 4.0 2.0 2.0 1.9
IV 6.4 4.6 1.6 1.7
1997: I 7.3 4.4 2.9 2.9
II 7.9 5.9 1.9 1.9
III 5.5 4.2 1.2 1.2
IV 4.2 2.8 1.4 1.4
1998: I 7.2 6.1 1.1 1.1
II 3.3 2.2 1.0 1.0
III 5.6 4.1 1.4 1.4
IV 7.8 6.7 1.1 1.1
1999: I 4.9 3.1 1.7 1.8
II 3.0 1.7 1.4 1.3
III 6.1 4.7 1.4 1.4
IV 10.0 8.3 1.8 1.6
2000: I 6.3 2.3 3.8 3.9
II 8.0 5.7 2.1 2.2
III 3.3 1.3 1.9 1.9
IV 3.7 1.9 1.8 1.8
2001: I 4.6 1.3 3.3 3.3
II (r) 2.4 .3 2.1 2.1
(1) Percent changes based on unrounded data.
Quarterly percent changes are at annual rates.
Source: Department of Commerce, Bureau of Economic Analysis.
NONFINANCIAL CORPORATE BUSINESS–OUTPUT, PRICE, COSTS, AND PROFITS
[Quarterly data at seasonally adjusted annual rates]Gross product of
nonfinancial Price, costs, and profits per unit
corporate of real output (dollars)
business
(billions
of dollars)
Unit
non-
labor
cost
Price per
unit of Compensa-
Chained real gross tion of
Period Current (1996) product of employees Total
dollars dollars nonfinancial (unit labor
corporate cost)
business (1)
1991 3,150.6 3,381.9 0.932 0.617 0.240
1992 3,288.0 3,468.4 .948 .633 .236
1993 3,457.6 3,573.8 .967 .641 .236
1994 3,737.2 3,801.5 .983 .639 .238
1995 3,945.9 3,960.1 .996 .645 .239
1996 4,159.5 4,159.5 1.000 .641 .236
1997 4,435.1 4,404.2 1.007 .644 .237
1998 4,707.1 4,659.1 1.010 .656 .240
1999 5,006.1 4,915.1 1.019 .666 .245
2000 5,380.7 5,220.5 1.031 .677 .248
1998: I 4,596.8 4,552.7 1.010 .655 .238
II 4,658.0 4,618.7 1.009 .656 .239
III 4,756.0 4,704.9 1.011 .655 .239
IV 4,817.4 4,760.0 1.012 .659 .243
1999: I 4,905.3 4,829.7 1.016 .660 .243
II 4,958.7 4,867.6 1.019 .666 .244
III 5,029.5 4,934.0 1.019 .669 .247
IV 5,130.7 5,029.3 1.020 .668 .246
2000: I 5,252.7 5,117.2 1.027 .671 .248
II 5,370.1 5,212.2 1.030 .672 .248
III 5,437.1 5,268.0 1.032 .676 .248
IV 5,463.0 5,284.5 1.034 .689 .249
2001: I 5,496.3 5,293.0 1.038 .698 .253
II (r) 5,539.7 5,304.2 1.044 .703 .257
Price, costs, and profits per unit
of real output (dollars)
Corporate profits with
inventory valuation and
Unit nonlabor cost capital consumption
adjustments (3)
Consump- Indirect Profits
tion of business Net tax Profits
Period fixed tax, inte- Total liabi- after
capital etc. (2) rest lity tax (4)
1991 0.105 0.093 0.042 0.075 0.025 0.049
1992 .107 .096 .033 .080 .026 .054
1993 .108 .098 .030 .091 .029 .062
1994 .109 .101 .028 .106 .034 .072
1995 .110 .100 .029 .112 .035 .077
1996 .111 .099 .026 .122 .036 .086
1997 .112 .098 .027 .126 .036 .090
1998 .112 .098 .030 .114 .033 .081
1999 .114 .098 .033 .108 .035 .073
2000 .116 .099 .033 .105 .036 .070
1998: I .112 .098 .028 .116 .033 .082
II .112 .098 .029 .113 .033 .079
III .112 .097 .030 .116 .034 .082
IV .112 .100 .031 .111 .032 .079
1999: I .113 .097 .033 .114 .035 .079
II .114 .097 .033 .109 .035 .074
III .115 .098 .034 .103 .034 .069
IV .114 .098 .034 .105 .035 .070
2000: I .115 .099 .034 .108 .037 .071
II .115 .099 .034 .111 .038 .073
III .117 .098 .033 .108 .036 .071
IV .118 .100 .031 .095 .032 .063
2001: I .120 .101 .032 .088 .029 .059
II (r) .124 .101 .032 .085 .029 .056
(1) The deflator for gross product of nonfinancial corporate business
divided by 100.
(2) Indirect business tax and nontax liability plus business transfer
payments less subsidies.
(3) Unit profits from current production.
(4) With inventory valuation and capital consumption adjustments.
Source: Department of Commerce, Bureau of Economic Analysis.
NATIONAL INCOME
[Billions of dollars; quarterly data at seasonallyadjusted annual rates]
Proprietors’ income
with inventory
valuation and
capital consumption
adjustments
Compen- Rental income
sation of persons
Period National of em- Farm Nonfarm with capital
income ployees consumption
(1) adjustment
1992 4,994.9 3,644.8 32.7 401.7 63.3
1993 5,251.9 3,814.4 30.1 431.7 90.9
1994 5,556.8 4,016.2 31.9 444.6 110.3
1995 5,876.7 4,202.5 22.2 475.5 117.9
1996 6,210.4 4,395.6 34.3 510.5 129.7
1997 6,618.4 4,651.3 29.7 551.5 128.3
1998 7,041.4 4,989.6 25.6 598.2 138.6
1999 7,462.1 5,310.7 26.6 645.4 147.7
2000 7,980.9 5,715.2 30.6 684.4 141.6
1998: I 6,874.1 4,869.4 24.1 582.9 127.7
II 6,985.5 4,948.9 24.9 592.6 136.1
III 7,108.9 5,029.8 25.4 601.6 144.2
IV 7,197.0 5,110.5 27.9 615.8 146.5
1999: I 7,326.6 5,183.0 27.4 625.7 148.3
II 7,393.1 5,262.8 27.5 640.5 149.1
III 7,482.1 5,354.9 25.2 652.0 144.4
IV 7,646.5 5,442.2 26.2 663.5 149.0
2000: I 7,796.5 5,562.8 26.5 671.0 144.9
II 7,956.1 5,669.9 32.5 685.4 141.4
III 8,047.2 5,759.3 31.6 687.6 138.3
IV 8,124.0 5,868.9 31.7 693.5 141.7
2001: I 8,169.7 5,955.7 29.8 705.4 139.6
II (r) 8,207.9 6,010.8 28.7 716.6 139.0
Corporate profits with inventory valuation and
capital consumption adjustments
Profits with inventory
valuation adjustment
and without capital
consumption adjustment
Inven
tory Capital
Profits valua- consump- Net
Period Total Total before tion tion interest
tax adjust- adjust-
ment ment
1992 453.1 448.8 451.6 -2.8 4.3 399.5
1993 510.5 506.4 510.4 -4.0 4.1 374.3
1994 573.2 561.0 573.4 -12.4 12.2 380.5
1995 668.8 650.2 668.5 -18.3 18.6 389.8
1996 754.0 729.4 726.3 3.1 24.6 386.3
1997 833.8 800.8 792.4 8.4 32.9 423.9
1998 777.4 739.4 721.1 18.3 38.0 511.9
1999 825.2 773.4 776.3 -2.9 51.7 506.5
2000 876.4 833.0 845.4 -12.4 43.4 532.7
1998: I 787.4 751.8 731.7 20.0 35.6 482.8
II 769.6 733.1 722.8 10.3 36.6 513.2
III 781.9 743.8 723.6 20.2 38.1 526.0
IV 770.8 729.2 706.3 22.9 41.7 525.5
1999: I 832.5 783.5 755.4 28.1 49.0 509.7
II 810.3 758.2 759.1 -.9 52.2 502.9
III 800.2 748.1 765.8 -17.7 52.1 505.5
IV 857.6 804.0 825.0 -21.0 53.6 507.9
2000: I 870.3 821.1 844.9 -23.8 49.2 520.9
II 892.8 847.2 862.0 -14.8 45.5 534.1
III 895.0 854.6 858.3 -3.6 40.4 535.3
IV 847.6 809.2 816.5 -7.3 38.4 540.6
2001: I 789.8 753.8 755.7 -1.9 36.0 549.4
II (r) 759.8 729.5 738.3 -8.8 30.3 553.0
(1) Includes employer contributions for social insurance.
(See also p. 5.)
Source: Department of Commerce, Bureau of Economic Analysis.
REAL PERSONAL CONSUMPTION EXPENDITURES
[Billions of chained (1996) dollars, except as noted;quarterly data at seasonally adjusted annual rates]
Nondurable
Durable goods goods
Fur-
Total Motor niture
personal Total vehi- and Total
Period con- durable cles house- Other nondurable
sumption goods and hold goods
expendi- parts equip-
tures ment
1992 4,594.5 479.0 225.7 161.5 94.1 1,389.7
1993 4,748.9 518.3 242.2 177.4 100.7 1,430.3
1994 4,928.1 557.7 255.1 196.3 107.6 1,485.1
1995 5,075.6 583.5 253.4 215.4 115.0 1,529.0
1996 5,237.5 616.5 256.3 236.9 123.3 1,574.1
1997 5,423.9 657.3 264.8 261.9 130.8 1,619.9
1998 5,683.7 726.7 292.0 293.3 141.8 1,686.4
1999 5,968.4 817.8 327.6 334.7 156.3 1,766.4
2000 6,257.8 895.5 348.3 377.0 172.8 1,849.9
1998: I 5,576.3 692.5 274.7 281.3 137.0 1,656.3
II 5,660.2 719.7 292.7 286.9 140.2 1,680.5
III 5,713.7 727.1 287.2 297.9 142.8 1,693.6
IV 5,784.7 767.3 313.2 307.2 147.0 1,715.3
1999: I 5,854.0 780.5 312.3 317.7 151.1 1,738.8
II 5,936.1 809.5 328.5 328.5 153.0 1,757.2
III 6,000.0 827.2 331.3 339.8 157.1 1,768.6
IV 6,083.6 854.2 338.5 352.9 164.2 1,801.1
2000: I 6,171.7 892.1 355.2 368.1 170.1 1,823.8
II 6,226.3 886.5 342.9 374.9 171.5 1,844.9
III 6,292.1 904.1 351.2 381.3 174.3 1,864.1
IV 6,341.1 899.4 343.9 383.8 175.4 1,866.8
200l: I 6,388.5 922.4 357.0 391.0 177.5 1,878.0
II (r) 6,428.4 938.1 361.9 400.5 179.5 1,879.4
Nondurable goods Services
Fuel
Clothing Gasoline oil Total
Period Food and and and Other services
shoes oil coal (1)
1992 725.6 208.8 112.5 13.2 331.2 2,729.7
1993 745.1 218.5 115.4 14.0 338.5 2,802.5
1994 764.9 231.6 117.4 15.0 356.8 2,886.2
1995 777.0 244.3 120.2 15.7 372.0 2,963.4
1996 786.0 258.6 124.2 15.6 389.8 3,047.0
1997 794.5 271.6 128.1 15.0 410.8 3,147.0
1998 819.4 290.4 131.8 14.3 430.8 3,273.4
1999 847.8 312.1 136.7 14.6 455.9 3,393.2
2000 881.3 335.3 136.6 13.8 484.5 3,527.7
1998: I 804.0 286.1 129.5 14.3 422.6 3,228.4
II 816.8 290.6 131.2 14.8 427.4 3,262.3
III 824.0 289.3 133.0 14.3 433.3 3,295.2
IV 832.8 295.8 133.4 13.9 439.7 3,307.6
1999: I 834.0 308.1 134.2 15.0 448.2 3,340.8
II 843.2 311.5 136.8 15.0 451.6 3,377.8
III 848.0 314.0 136.5 14.7 456.1 3,413.7
IV 865.9 314.6 139.2 13.8 467.7 3,440.5
2000: I 871.2 328.2 135.2 13.6 476.9 3,472.2
II 881.5 333.3 136.4 13.9 481.1 3,509.6
III 886.2 339.8 137.6 14.0 488.4 3,540.2
IV 886.4 339.9 137.2 13.8 491.4 3,588.8
2001: I 887.3 342.7 138.9 13.8 497.3 3,605.1
II (r) 886.1 344.1 137.7 12.6 501.4 3,629.8
Services
Retail sales
of new passenger
Period Housing Medical cars and light
care truck (millions
of units)
1992 719.3 765.4 12.8
1993 728.1 775.4 13.9
1994 749.1 783.1 15.0
1995 763.7 797.7 14.7
1996 772.6 814.4 15.0
1997 787.2 835.4 15.1
1998 808.7 857.7 15.4
1999 831.6 877.9 16.8
2000 850.1 903.9 17.2
1998: I 800.0 853.6 14.7
II 805.8 855.9 16.1
III 811.7 859.0 14.7
IV 817.1 862.4 16.3
1999: I 823.4 867.6 16.2
II 828.8 874.3 16.7
III 834.4 881.3 17.2
IV 839.6 888.4 17.2
2000: I 843.7 892.2 18.1
II 848.1 901.7 17.2
III 851.9 906.9 17.3
IV 856.6 915.0 16.3
200l: I 861.3 921.6 16.9
II (r) 864.9 932.1 16.6
(1) Includes other items, not shown separately.
NOTE.–Because of the formula used for calculating real GDP, the
chained (1996) dollar estimates for the detailed components do
not add to the chained-dollar value of GDP or to any
intermediate aggregates.
Source: Department of Commerce, Bureau of Economic Analysis.
SOURCES OF PERSONAL INCOME
Personal income rose $1.8 billion (annual rate) in August, following an
increase of $44.1 billion in July. Wages and salaries decreased $5.4
billion in August, following an increase of $17.9 billion in July.
[GRAPHIC OMITTED] [Billions of dollars; monthly data at seasonally adjusted annual rates]Proprietor’s
income (3)
Wage and
Total salary Other labor
Period personal disburse- income (1 2) Farm Nonfarm
income ments (1)
1992 5,390.4 2,982.6 449.5 32.7 401.7
1993 5,610.0 3,085.2 482.8 30.1 431.7
1994 5,888.0 3,236.7 507.5 31.9 444.6
1995 6,200.9 3,424.7 497.0 22.2 475.5
1996 6,547.4 3,626.5 490.0 34.3 510.5
1997 6,937.0 3,888.9 475.4 29.7 551.5
1998 7,426.0 4,192.8 490.6 25.6 598.2
1999 7,777.3 4,472.2 509.7 26.6 645.4
2000 8,319.2 4,837.2 534.2 30.6 684.4
2000: Aug 8,377.4 4,866.4 537.9 31.6 692.1
Sept 8,423.0 4,902.6 540.5 31.5 688.8
Oct 8,478.7 4,946.1 542.9 31.6 690.1
Nov 8,513.5 4,974.0 544.9 31.7 693.7
Dec 8,566.7 4,999.4 547.0 31.9 696.6
2001: Jan 8,604.0 5,022.7 548.2 30.9 700.8
Feb 8,640.2 5,051.8 549.3 30.2 703.5
Mar 8,676.2 5,073.8 550.3 28.4 711.8
Apr (r) 8,697.0 5,092.8 551.3 29.0 711.0
May (r) 8,709.3 5,091.7 552.0 28.8 717.1
June (r) 8,737.6 5,115.0 553.3 28.3 721.8
July (r) 8,781.7 5,132.9 554.5 29.4 724.7
Aug (p) 8,783.5 5,127.5 555.2 31.5 729.3
Less:
Rental Personal
income Personal Personal Transfer contri-
Period of dividend interest payments butions
persons income income (5) for
(4) social
insurance
1992 63.3 185.3 750.1 751.7 226.6
1993 90.9 203.0 725.5 798.6 237.8
1994 110.3 234.7 742.4 833.9 254.1
1995 117.9 254.0 792.5 885.9 268.8
1996 129.7 297.4 810.6 928.8 280.4
1997 128.3 334.9 864.0 962.2 297.9
1998 138.6 348.3 964.4 983.7 316.3
1999 147.7 343.1 950.0 1,019.6 337.1
2000 141.6 379.2 1,000.6 1,069.1 357.7
2000: Aug 138.1 385.9 1,009.4 1,074.8 358.8
Sept 138.5 389.8 1,011.3 1,080.6 360.7
Oct 139.4 393.5 1,011.8 1,086.2 362.9
Nov 141.4 396.7 1,013.1 1,082.1 364.2
Dec 144.4 399.7 1,014.4 1,098.6 365.3
2001: Jan 141.5 402.3 1,012.7 1,115.8 370.7
Feb 139.6 404.8 1,010.8 1,122.4 372.2
Mar 137.9 407.2 1,009.1 1,131.0 373.2
Apr (r) 138.1 409.6 1,005.1 1,134.1 374.0
May (r) 140.3 411.9 1,000.7 1,140.3 373.5
June (r) 138.6 414.3 997.2 1,143.6 374.5
July (r) 144.8 416.9 995.2 1,158.4 375.2
Aug (p) 147.5 420.1 994.2 1,152.6 374.5
(1) The total of wage and salary disbursements and other labor income
differs from compensation of employees (see p. 4) in that it excludes
employer contributions for social insurance and the excess of wage
accruals over wage disbursements.
(2) Consists primarily of employer contributions to private pension and
private welfare funds.
(3) With inventory valuation and capital consumption adjustments.
(4) With capital consumption adjustment.
(5) Consists mainly of social insurance benefits, direct relief, and
veterans payments.
Source: Department of Commerce, Bureau of Economic Analysis.
DISPOSITION OF PERSONAL INCOME
According to revised estimates, per capita disposable personal income
in chained (1996) dollars rose at an annual rate of 1.5 percent in the
second quarter of 2001.
[GRAPHICS OMITTED]Less:
Personal Equals: Less: Equals:
Period Personal tax and Disposable Personal Personal
income nontax personal outlays saving
payments income (1)
Billions of dollars
1992 5,390.4 635.8 4,754.6 4,340.9 413.7
1993 5,610.0 674.6 4,935.3 4,584.5 350.8
1994 5,888.0 722.6 5,165.4 4,849.9 315.5
1995 6,200.9 778.3 5,422.6 5,120.2 302.4
1996 6,547.4 869.7 5,677.7 5,405.6 272.1
1997 6,937.0 968.8 5,968.2 5,715.3 252.9
1998 7,426.0 1,070.4 6,355.6 6,054.1 301.5
1999 7,777.3 1,159.2 6,618.0 6,457.2 160.9
2000 8,319.2 1,288.2 7,031.0 6,963.3 67.7
Seasonally adjusted annual rates
1998: I 7,254.8 1,034.0 6,220.8 5,912.9 307.9
II 7,382.8 1,055.4 6,327.4 6,018.2 309.1
III 7,490.7 1,083.7 6,407.0 6,095.6 311.4
IV 7,575.8 1,108.5 6,467.3 6,189.7 277.6
1999: I 7,631.4 1,120.4 6,511.0 6,280.6 230.4
II 7,719.6 1,142.6 6,577.0 6,401.8 175.2
III 7,818.7 1,171.3 6,647.3 6,506.5 140.8
IV 7,939.3 1,202.5 6,736.8 6,639.7 97.2
2000: I 8,104.4 1,245.3 6,859.1 6,805.7 53.5
II 8,271.0 1,277.3 6,993.7 6,905.6 88.1
III 8,381.5 1,300.2 7,081.3 7,026.9 54.5
IV 8,519.6 1,329.8 7,189.8 7,115.1 74.7
2001: I 8,640.2 1,345.2 7,295.0 7,216.2 78.8
II (r) 8,714.6 1,351.4 7,363.2 7,281.7 81.5
Per capita Per capita personal
disposable consumption
personal income expenditures
Disposable
personal
income in Chained Chained
Period billions of Current (1996) Current (1996)
chained dollars dollars dollars dollars
(1996)
dollars
Dollars
1992 5,189.3 18,616 20,318 16,482 17,989
1993 5,261.3 19,121 20,384 17,259 18,399
1994 5,397.2 19,820 20,709 18,097 18,910
1995 5,539.1 20,613 21,055 18,888 19,294
1996 5,677.7 21,385 21,385 19,727 19,727
1997 5,854.5 22,262 21,838 20,625 20,232
1998 6,168.6 23,491 22,800 21,644 21,007
1999 6,320.0 24,242 23,150 22,895 21,863
2000 6,539.2 25,528 23,742 24,429 22,721
Seasonally adjusted annual rates
1998: I 6,064.5 23,072 22,493 21,215 20,682
II 6,153.6 23,418 22,775 21,541 20,949
III 6,209.9 23,652 22,925 21,763 21,093
IV 6,246.6 23,816 23,004 22,055 21,303
1999: I 6,268.2 23,931 23,039 22,350 21,516
II 6,300.0 24,125 23,109 22,732 21,774
III 6,332.4 24,321 23,169 23,045 21,953
IV 6,379.2 24,589 23,283 23,449 22,205
2000: I 6,431.6 24,987 23,430 23,977 22,483
II 6,523.7 25,426 23,717 24,267 22,636
III 6,566.5 25,682 23,814 24,609 22,819
IV 6,634.9 26,013 24,006 24,861 22,943
2001: I 6,679.0 26,335 24,111 25,189 23,062
II (r) 6,719.2 26,520 24,200 25,372 23,153
Percent Population,
change Saving as including
in real percent of Armed
Period per capita disposable Forces
disposable personal overseas
personal income (thousands)
income (2)
Percent
1992 2.0 8.7 255,403
1993 .3 7.1 258,107
1994 1.6 6.1 260,616
1995 1.7 5.6 263,073
1996 1.6 4.8 265,504
1997 2.1 4.2 268,087
1998 4.4 4.7 270,560
1999 1.5 2.4 272,996
2000 2.6 1.0 275,423
Seasonally
adjusted
annual
rates
1998: I 7.3 4.9 269,623
II 5.1 4.9 270,188
III 2.7 4.9 270,882
IV 1.4 4.3 271,548
1999: I .6 3.5 272,070
II 1.2 2.7 272,619
III 1.0 2.1 273,315
IV 2.0 1.4 273,980
2000: I 2.5 .8 274,508
II 5.0 1.3 275,059
III 1.6 .8 275,735
IV 3.3 1.0 276,388
2001: I 1.8 1.1 277,011
II (r) 1.5 1.1 277,650
(1) Includes personal consumption expenditures, interest paid by
persons, and personal transfer payments to rest of the world (net).
(2) Annual data are averages of quarterly data, which are averages for
the period.
Source: Department of Commerce (Bureau of Economic Analysis and Bureau
of the Census).
FARM INCOME
In the second quarter of 2001, according to revised estimates, gross
farm income rose $3.5 billion (annual rate) and net farm income fell
$2.6 billion.
[GRAPHIC OMITTED] [Billions of dollars; quarterly data at seasonally adjustedannual rates]
Income of farm operators from farming
Gross farm income
Cash marketing receipts
Value of
Period Total (1) Total Livestock and Crops inventory
products changes (2)
1992 200.4 171.3 85.7 85.6 4.2
1993 204.7 177.9 90.4 87.5 -4.2
1994 215.9 181.1 88.2 92.9 8.3
1995 210.7 188.0 87.1 100.8 -5.0
1996 235.7 199.1 92.8 106.3 8.0
1997 238.5 207.6 96.5 111.2 .6
1998 231.8 195.8 94.1 101.7 -.6
1999 235.3 188.1 95.5 92.6 -.2
2000 241.5 193.6 99.5 94.1 .5
1999: I 227.5 186.3 95.7 90.6 -.3
II 229.4 191.1 94.6 96.5 -.3
II 230.4 195.7 96.2 96.6 -.2
IV 253.8 179.3 95.6 83.7 -.1
2000: I 231.8 190.0 98.4 91.6 .6
II 233.8 195.1 99.0 96.1 .5
III 239.9 205.3 100.6 104.6 .4
IV 260.7 184.0 99.9 84.1 .3
2001: I (r) 244.2 204.5 105.8 98.7 .2
II (r) 247.7 210.8 109.9 100.9 .2
Income of farm
operators from
farming
Period Production Net farm
expenses income
1992 152.8 47.7
1993 160.4 44.3
1994 167.1 48.8
1995 173.8 36.9
1996 180.8 54.9
1997 190.0 48.5
1998 189.0 42.9
1999 191.0 44.3
2000 195.1 46.4
1999: I 197.4 30.1
II 198.6 30.8
II 189.7 40.8
IV 178.2 75.6
2000: I 197.7 34.1
II 202.9 30.8
III 197.5 42.4
IV 182.3 78.4
2001: I (r) 201.7 42.5
II (r) 207.8 39.9
(1) Cash marketing receipts and inventory changes plus Government
payments, other farm cash income, and nonmoney income furnished by
farms.
(2) Physical changes in end-of-year inventory of crop and livestock
commodities valued at average prices during the year.
NOTE.–Data include net Commodity Credit Corporation loans and operator
households.
Quarterly data plotted for 1992 and 1993 in chart do not reflect
previous revisions to annual data in table.
Data for 2001 are forecasts.
Source: Department of Agriculture.
CORPORATE PROFITS
In the second quarter of 2001, according to revised estimates,
corporate profits before tax fell $17.4 billion (annual rate) and
profits after tax fell $8.6 billion.
[GRAPHIC OMITTED] [Billions of dollars; quarterly data at seasonally adjustedannual rates]
Profits (before tax) with inventory
valuation adjustment (1)
Domestic industries
Nonfinancial
Manufac-
Period Total (2) Total Financial Total (3) turing
1991 421.1 346.7 120.2 226.5 93.5
1992 448.8 380.1 124.8 255.2 93.9
1993 506.4 429.6 127.9 301.7 108.4
1994 561.0 483.7 114.7 369.0 139.6
1995 650.2 558.2 154.3 403.8 166.1
1996 729.4 628.6 165.3 463.3 181.2
1997 800.8 690.2 185.7 504.5 195.2
1998 739.4 637.2 158.4 478.8 164.3
1999 773.4 658.8 191.0 467.8 163.7
2000 833.0 696.3 204.4 491.8 155.2
1998: I 751.8 642.2 166.8 475.4 165.9
II 733.1 626.7 156.4 470.3 160.1
III 743.8 651.3 155.0 496.4 168.9
IV 729.2 628.5 155.5 473.0 162.2
1999: I 783.5 674.7 183.8 490.9 175.9
II 758.2 648.7 179.9 468.8 169.6
III 748.1 637.5 191.3 446.2 158.4
IV 804.0 674.4 209.1 465.3 151.1
2000: I 821.1 700.6 210.0 490.6 167.0
II 847.2 718.3 200.3 518.0 175.0
III 854.6 713.6 203.1 510.6 159.4
IV 809.2 652.4 204.4 448.0 119.4
2001: I 753.8 613.8 202.2 411.6 90.4
II (r) 729.5 585.4 183.3 402.1 93.4
Profits (before tax) with
inventory valuation
adjustment (1)
Domestic industries
Nonfinancial
Transpor- Profits Tax
Period tation (4) Wholesale Retail before tax liability
1991 53.2 22.0 27.7 416.1 133.6
1992 58.5 25.9 33.7 451.6 143.1
1993 69.6 28.2 39.7 510.4 165.4
1994 82.9 33.1 46.6 573.4 186.7
1995 85.8 29.4 44.1 668.5 211.0
1996 91.4 42.6 52.9 726.3 223.6
1997 85.0 49.2 63.9 792.4 237.2
1998 79.1 55.9 73.8 721.1 238.8
1999 59.0 53.8 77.1 776.3 253.0
2000 67.4 60.5 81.8 845.4 271.5
1998: I 77.5 54.2 71.3 731.7 239.9
II 80.9 55.5 72.3 722.8 237.8
III 87.0 60.4 74.7 723.6 243.6
IV 71.1 53.3 76.7 706.3 234.1
1999: I 66.3 55.7 81.0 755.4 246.2
II 53.0 51.7 80.0 759.1 247.9
III 53.1 48.6 72.5 765.8 250.7
IV 63.5 59.2 74.9 825.0 267.3
2000: I 63.8 57.6 83.6 844.9 277.0
II 67.9 64.9 83.0 862.0 280.4
III 70.5 63.7 84.5 858.3 274.9
IV 67.3 55.9 76.3 816.5 253.5
2001: I 66.4 40.3 84.9 755.7 236.8
II (r) 62.6 34.0 85.6 738.3 228.0
Profits after tax
Inventory
Period Total Dividends Undistributed valuation
profits adjustment
1991 282.6 178.4 104.1 4.9
1992 308.4 185.5 122.9 -2.8
1993 345.0 203.1 141.9 -4.0
1994 386.7 234.9 151.8 -12.4
1995 457.5 254.2 203.3 -18.3
1996 502.7 297.7 205.0 3.1
1997 555.2 335.2 220.0 8.4
1998 482.3 348.7 133.6 18.3
1999 523.3 343.5 179.8 -2.9
2000 573.9 379.6 194.3 -12.4
1998: I 491.8 349.4 142.5 20.0
II 485.0 350.4 134.5 10.3
III 480.1 348.3 131.8 20.2
IV 472.2 346.7 125.5 22.9
1999: I 509.2 342.4 166.8 28.1
II 511.2 339.7 171.4 -.9
III 515.1 342.2 172.9 -17.7
IV 557.7 349.6 208.1 -21.0
2000: I 567.8 361.5 206.3 -23.8
II 581.6 373.7 207.9 -14.8
III 583.4 386.2 197.2 -3.6
IV 563.0 397.0 165.9 -7.3
2001: I 518.9 405.2 113.7 -1.9
II (r) 510.3 412.3 98.0 -8.8
(1) See p. 4 for profits with inventory valuation and capital
consumption adjustments.
(2) Includes rest of the world, not shown separately.
(3) Includes industries not shown separately.
(4) Transportation and public utilities.
Source: Department of Commerce, Bureau of Economic Analysis.
REAL GROSS PRIVATE DOMESTIC INVESTMENT
In the second quarter of 2001, according to revised estimates,
nonresidential fixed investment in chained (1996) dollars fell $53.0
billion (annual rate) and residential investment rose $5.4 billion.
There was a decrease of $38.3 billion in inventories following a
decrease of $27.1 billion in the first quarter.
[GRAPHIC OMITTED] [Billions of chained (1996) dollars; quarterly data at seasonallyadjusted annual rates]
Fixed investment
Nonresidential
Gross private
Period domestic investment Total Total Structures
1991 829.5 832.5 610.1 210.1
1992 899.8 886.5 630.6 197.3
1993 977.9 958.4 683.6 198.9
1994 1,107.0 1,045.9 744.6 200.5
1995 1,140.6 1,109.2 817.5 210.1
1996 1,242.7 1,212.7 899.4 225.0
1997 1,393.3 1,328.6 1,009.3 245.4
1998 1,558.0 1,480.0 1,135.9 262.2
1999 1,660.1 1,595.4 1,228.6 256.9
2000 1,772.9 1,716.2 1,350.7 272.8
1998: I 1,543.3 1,431.4 1,099.5 255.7
II 1,516.8 1,471.4 1,132.3 264.8
III 1,559.7 1,485.4 1,136.6 263.0
IV 1,612.1 1,531.7 1,175.4 265.1
1999: I 1,641.8 1,558.2 1,192.6 260.7
II 1,617.4 1,582.8 1,214.9 257.9
III 1,655.8 1,610.8 1,244.6 253.2
IV 1,725.4 1,629.7 1,262.4 255.7
2000: I 1,722.9 1,683.4 1,309.4 261.1
II 1,801.6 1,719.2 1,347.7 268.5
III 1,788.8 1,730.1 1,371.1 278.2
IV 1,778.3 1,732.1 1,374.5 283.3
2001: I 1,721.0 1,740.3 1,373.9 291.7
II (r) 1,666.2 1,696.4 1,320.9 282.3
Change in private
Fixed investment inventories
Nonresidential
Equipment
Period and software Residential Total Nonfarm
1991 407.2 221.1 -1.0 1.4
1992 437.5 257.2 17.1 10.7
1993 487.1 276.0 20.0 28.6
1994 544.9 302.7 66.8 53.6
1995 607.6 291.7 30.4 42.6
1996 674.4 313.3 30.0 22.1
1997 764.2 319.7 63.8 60.6
1998 875.4 345.1 76.7 75.0
1999 978.3 368.3 62.1 63.5
2000 1,087.4 371.4 50.6 52.3
1998: I 845.0 333.0 113.1 106.7
II 868.6 340.5 42.0 47.4
III 875.1 349.5 71.8 70.8
IV 912.9 357.4 80.0 75.1
1999: I 936.0 366.3 83.4 78.7
II 962.6 368.9 32.7 34.2
III 999.5 368.2 39.6 52.2
IV 1,015.2 369.7 92.7 88.7
2000: I 1,058.3 377.3 28.9 37.8
II 1,089.6 376.5 78.9 75.1
III 1,102.3 366.3 51.7 56.6
IV 1,099.3 365.3 42.8 39.7
2001: I 1,087.7 372.9 -27.1 -27.3
II (r) 1,043.2 378.3 -38.3 -35.8
NOTE.–See p. 10 for further detail on fixed investment by type.
Because of the formula used for calculating real GDP, the chained
(1996) dollar estimates for the detailed components do not add to
the chained-dollar value of GDP or to any intermediate aggregates.
Source: Department of Commerce, Bureau of Economic Analysis.
REAL PRIVATE FIXED INVESTMENT BY TYPE
[Billions of chained (1996) dollars; quarterly data at seasonallyadjusted annual rates]
Nonresidential
Structures
Mining
Nonresi- explo-
Total dential Utili- ration,
Period non- Total (1) buildings, ties shafts,
residential including and
farm wells
1991 610.1 210.1 142.7 38.9 20.8
1992 630.6 197.3 129.2 41.8 17.2
1993 683.6 198.9 131.7 38.4 20.5
1994 744.6 200.5 137.2 36.1 19.8
1995 817.5 210.1 147.6 36.8 18.2
1996 899.4 225.0 161.7 36.0 21.1
1997 1,009.3 245.4 177.0 35.3 26.2
1998 1,135.9 262.2 188.3 42.7 25.1
1999 1,228.6 256.9 185.5 45.7 20.0
2000 1,350.7 272.8 194.9 48.5 23.5
1998: I 1,099.5 255.7 184.1 40.6 24.9
II 1,132.3 264.8 189.6 43.0 26.0
III 1,136.6 263.0 187.5 43.7 25.9
IV 1,175.4 265.1 191.9 43.7 23.7
1999: I 1,192.6 260.7 192.0 42.9 20.2
II 1,214.9 257.9 186.4 44.4 20.6
III 1,244.6 253.2 182.0 46.7 19.2
IV 1,262.4 255.7 181.6 48.7 20.1
2000: I 1,309.4 261.1 188.9 45.2 21.3
II 1,347.7 268.5 194.0 46.4 22.5
III 1,371.1 278.2 197.5 49.0 25.3
IV 1,374.5 283.3 199.1 53.5 24.8
2001: I 1,373.9 291.7 202.0 56.1 28.3
II (r) 1,320.9 282.3 191.6 55.0 30.4
Nonresidential
Equipment and software
Information processing equipment
and software
Computers and
Period Total (2) Total peripheral Software Other
equipment
1991 407.2 142.7 15.4 51.4 86.4
1992 437.5 163.0 20.8 58.7 91.5
1993 487.1 183.4 26.4 66.8 96.4
1994 544.9 206.6 32.6 74.3 104.9
1995 607.6 242.8 49.2 82.0 113.1
1996 674.4 287.3 70.9 95.1 121.3
1997 764.2 349.8 102.9 119.0 129.8
1998 875.4 429.3 147.7 147.1 143.5
1999 978.3 506.2 208.6 167.3 157.2
2000 1,087.4 609.5 290.3 187.6 186.5
1998: I 845.0 404.5 132.7 138.8 138.9
II 868.6 422.5 142.4 144.6 143.0
III 875.1 433.7 147.7 150.0 144.4
IV 912.9 456.4 167.7 155.0 147.9
1999: I 936.0 470.8 182.4 158.9 148.6
II 962.6 498.0 201.9 164.8 156.0
III 999.5 520.0 218.5 170.5 160.8
IV 1,015.2 535.8 231.8 175.0 163.4
2000: I 1,058.3 573.6 253.9 181.0 178.9
II 1,089.6 601.5 284.5 183.5 186.5
III 1,102.3 621.0 305.2 189.7 187.7
IV 1,099.3 641.8 317.6 196.0 193.2
2001: I 1,087.7 620.9 314.4 192.9 180.8
II (r) 1,043.2 588.1 287.3 191.1 165.9
Nonresidential Residential
Equipment and software Structures
Trans- Total
Period Industrial portation residen- Total (4) Single
equipment equipment tial (3) family
1991 99.0 87.7 221.1 215.1 112.3
1992 100.8 92.3 257.2 251.0 135.7
1993 109.6 103.4 276.0 269.4 148.0
1994 119.6 120.4 302.7 295.8 163.2
1995 131.3 128.2 291.7 284.4 147.7
1996 136.4 138.9 313.3 305.6 159.1
1997 140.0 150.5 319.7 311.8 158.6
1998 145.6 168.2 345.1 336.8 175.9
1999 146.4 197.6 368.3 359.3 188.9
2000 162.6 192.7 371.4 361.8 190.9
1998: I 148.7 161.2 333.0 325.0 165.6
II 145.6 166.4 340.5 332.2 172.5
III 143.3 164.2 349.5 341.2 180.2
IV 144.8 181.0 357.4 349.0 185.5
1999: I 143.7 189.5 366.3 357.6 188.3
II 145.2 192.5 368.9 360.0 187.9
III 147.4 205.6 368.2 359.1 187.5
IV 149.4 202.8 369.7 360.5 192.1
2000: I 159.0 200.6 377.3 367.8 197.4
II 160.5 200.8 376.5 367.0 195.0
III 165.1 193.2 366.3 356.8 186.2
IV 165.6 176.2 365.3 355.8 185.0
2001: I 170.7 177.4 372.9 363.3 191.1
II (r) 161.2 174.4 378.3 368.6 192.8
(1) Includes other structures, not shown separately.
(2) Includes other items, not shown separately.
(3) Includes equipment, not shown separately.
(4) Includes multifamily and other structures, not shown separately.
NOTE.–Because of the formula used for calculating real GDP, the
chained (1996) dollar estimates for the detailed components do not
add to the chained-dollar value of GDP or to any intermediate
aggregates.
Source: Department of Commerce, Bureau of Economics Analysis.
BUSINESS INVESTMENT
[Billions of dollars]Capital expenditures
By industry
Forestry,
Total Total fishing Con-
Period capital by and agri- Mining Utilities struc
expen- industry cultural tion
ditures services
For companies with employees
1996 807.1 … … … … …
1997 871.8 … … … … …
1998 970.9 896.5 0.9 40.4 36.0 26.9
1999 1,038.2 965.8 1.7 30.5 44.6 23.1
Capital expenditures
By industry
Trans-
Whole- portation Finance
Period Manu- sale Retail and Infor- and
facturing trade trade ware- mation insurance
housing
For companies with employees
1996 … … … … … …
1997 … … … … … …
1998 203.6 29.2 57.3 51.3 96.5 118.2
1999 196.0 33.4 63.7 55.1 120.2 127.2
Capital expenditures
By industry
Professional, For
Real estate scientific, Health care companies
Period and rental and technical and social Other without
and leasing services assistance (1) employees
For companies with employees
1996 … … … … …
1997 … … … … …
1998 85.2 22.3 47.1 81.7 74.4
1999 97.6 29.3 51.3 92.0 72.3
(1) Includes the following industries: Management of companies and
enterprises; administrative and support and waste management;
educational services; arts, entertainment, and recreation;
accommodation and food services; and other services (except public
administration). Also includes an item for structure and equipment
expenditures serving multiple industry categories.
NOTE.–Data from Annual Capital Expenditures. Industry data for 1998
and 1999 are based on the North American Industry Classification
System (NAICS): 1997.
Source: Department of Commerce, Bureau of the Census.
COPYRIGHT 2001 Superintendent Of Documents
COPYRIGHT 2001 Gale Group
