TABLE B–2.—Real gross domestic product, 1959–2008 [Billions of chained (2000) dollars, except as noted; quarterly data at seasonally adjusted annual rates] Personal consumption expenditures Gross domestic product Gross private domestic investment Fixed investment Total Durable goods Nondurable goods Nonresidential Services Total Total Total ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... 595.1 563.2 581.3 631.9 689.9 762.5 833.6 934.2 1,037.8 1,133.3 1,232.1 1,180.5 1,071.5 1,081.8 1,144.3 1,226.2 1,318.2 1,382.9 1,200.4 1,219.0 1,237.1 1,248.2 1,295.2 1,315.4 1,332.7 1,329.3 1,340.4 1,373.8 1,402.9 1,414.7 1,423.1 1,431.8 1,426.5 Structures ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... 275.2 244.6 229.9 228.3 232.3 247.1 261.1 280.1 294.5 293.2 313.2 306.1 253.8 243.5 246.7 249.8 270.3 304.6 253.1 252.3 246.2 247.4 256.5 268.3 277.4 279.1 286.6 298.9 313.2 319.7 326.4 340.5 346.0 Equipment and software ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... 355.0 345.9 371.1 417.4 467.2 523.1 578.7 658.3 745.6 840.2 918.9 874.2 820.2 843.1 905.1 989.6 1,061.0 1,078.9 956.6 977.9 1,006.5 1,017.4 1,056.6 1,061.2 1,066.4 1,059.9 1,060.0 1,077.9 1,087.5 1,090.1 1,088.6 1,074.7 1,059.2 Residential Change in private inventories ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... 15.4 -.5 16.5 20.6 63.6 29.9 28.7 71.2 72.6 68.9 56.5 -31.7 12.5 14.3 54.3 38.9 42.3 -2.5 74.6 16.7 11.0 53.5 45.9 56.9 53.3 13.1 -15.0 -2.8 16.0 -8.1 -10.2 -50.6 -29.1
Year or quarter
1959. 1960. 1961. 1962. 1963. 1964. 1965. 1966. 1967. 1968. 1969. 1970. 1971. 1972. 1973. 1974. 1975. 1976. 1977. 1978. 1979. 1980. 1981. 1982. 1983. 1984. 1985. 1986. 1987. 1988. 1989. 1990. 1991. 1992. 1993. 1994. 1995. 1996. 1997. 1998. 1999. 2000. 2001. 2002. 2003. 2004. 2005. 2006. 2007. 2005: I. II. III. IV. 2006: I. II. III. IV. 2007: I. II. III. IV. 2008: I. II. III p.
2,441.3 2,501.8 2,560.0 2,715.2 2,834.0 2,998.6 3,191.1 3,399.1 3,484.6 3,652.7 3,765.4 3,771.9 3,898.6 4,105.0 4,341.5 4,319.6 4,311.2 4,540.9 4,750.5 5,015.0 5,173.4 5,161.7 5,291.7 5,189.3 5,423.8 5,813.6 6,053.7 6,263.6 6,475.1 6,742.7 6,981.4 7,112.5 7,100.5 7,336.6 7,532.7 7,835.5 8,031.7 8,328.9 8,703.5 9,066.9 9,470.3 9,817.0 9,890.7 10,048.8 10,301.0 10,675.8 10,989.5 11,294.8 11,523.9 10,875.8 10,946.1 11,050.0 11,086.1 11,217.3 11,291.7 11,314.1 11,356.4 11,357.8 11,491.4 11,625.7 11,620.7 11,646.0 11,727.4 11,712.3
1,554.6 1,597.4 1,630.3 1,711.1 1,781.6 1,888.4 2,007.7 2,121.8 2,185.0 2,310.5 2,396.4 2,451.9 2,545.5 2,701.3 2,833.8 2,812.3 2,876.9 3,035.5 3,164.1 3,303.1 3,383.4 3,374.1 3,422.2 3,470.3 3,668.6 3,863.3 4,064.0 4,228.9 4,369.8 4,546.9 4,675.0 4,770.3 4,778.4 4,934.8 5,099.8 5,290.7 5,433.5 5,619.4 5,831.8 6,125.8 6,438.6 6,739.4 6,910.4 7,099.3 7,295.3 7,561.4 7,791.7 8,029.0 8,252.8 7,697.5 7,766.4 7,838.1 7,864.9 7,947.4 8,002.1 8,046.3 8,119.9 8,197.2 8,237.3 8,278.5 8,298.2 8,316.1 8,341.3 8,262.1
...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... 453.5 427.9 453.0 488.4 529.4 552.6 595.9 646.9 720.3 804.6 863.3 900.7 964.8 1,020.6 1,084.8 1,134.4 1,185.1 1,242.4 1,111.6 1,143.7 1,158.9 1,123.3 1,173.1 1,178.3 1,188.4 1,200.7 1,227.3 1,242.3 1,249.4 1,250.6 1,237.0 1,228.3 1,178.8
...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... 1,484.0 1,480.5 1,510.1 1,550.4 1,603.9 1,638.6 1,680.4 1,725.3 1,794.4 1,876.6 1,947.2 1,986.7 2,037.1 2,103.0 2,177.6 2,252.7 2,335.3 2,392.6 2,220.7 2,243.7 2,260.1 2,286.3 2,310.8 2,328.7 2,342.0 2,359.8 2,380.1 2,391.5 2,398.6 2,400.2 2,397.9 2,420.7 2,377.8
...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... 2,851.7 2,900.0 3,000.8 3,085.7 3,176.6 3,259.9 3,356.0 3,468.0 3,615.0 3,758.0 3,928.8 4,023.2 4,100.4 4,178.8 4,311.0 4,420.9 4,529.9 4,646.2 4,379.3 4,398.2 4,439.4 4,466.9 4,484.7 4,515.7 4,537.6 4,581.5 4,616.1 4,632.7 4,659.8 4,676.1 4,704.3 4,712.1 4,712.2
266.7 266.6 264.9 298.4 318.5 344.7 393.1 427.7 408.1 431.9 457.1 427.1 475.7 532.1 594.4 550.6 453.1 544.7 627.0 702.6 725.0 645.3 704.9 606.0 662.5 857.7 849.7 843.9 870.0 890.5 926.2 895.1 822.2 889.0 968.3 1,099.6 1,134.0 1,234.3 1,387.7 1,524.1 1,642.6 1,735.5 1,598.4 1,557.1 1,613.1 1,770.2 1,873.5 1,912.5 1,809.7 1,869.1 1,844.8 1,862.8 1,917.3 1,946.3 1,944.3 1,917.8 1,841.6 1,795.9 1,822.9 1,838.7 1,781.3 1,754.7 1,702.0 1,703.9
...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... 886.6 829.1 878.3 953.5 1,042.3 1,109.6 1,209.2 1,320.6 1,455.0 1,576.3 1,679.0 1,629.4 1,544.6 1,596.9 1,712.8 1,829.8 1,865.5 1,808.5 1,790.5 1,823.5 1,847.2 1,858.0 1,895.2 1,883.1 1,860.0 1,823.7 1,807.8 1,821.3 1,817.0 1,788.2 1,762.4 1,754.9 1,730.0
...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... 298.9 270.2 307.6 332.7 364.8 353.1 381.3 388.6 418.3 443.6 446.9 448.5 469.9 509.4 560.2 595.4 552.9 453.8 582.1 595.8 601.7 602.0 596.5 570.1 536.7 508.4 486.4 471.7 445.3 411.6 383.0 369.6 352.1
See next page for continuation of table.
TABLE B–2.—Real gross domestic product, 1959–2008— Continued [Billions of chained (2000) dollars, except as noted; quarterly data at seasonally adjusted annual rates] Net exports of goods and services Year or quarter Government consumption expenditures and gross investment Federal Exports Imports Total Total 1959. 1960. 1961. 1962. 1963. 1964. 1965. 1966. 1967. 1968. 1969. 1970. 1971. 1972. 1973. 1974. 1975. 1976. 1977. 1978. 1979. 1980. 1981. 1982. 1983. 1984. 1985. 1986. 1987. 1988. 1989. 1990. 1991. 1992. 1993. 1994. 1995. 1996. 1997. 1998. 1999. 2000. 2001. 2002. 2003. 2004. 2005. 2006. 2007. 2005: I. II. III. IV. 2006: I. II. III. IV. 2007: I. II. III. IV. 2008: I. II. III
1 2 p.
Net exports ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... -54.7 -14.6 -15.9 -52.1 -79.4 -71.0 -79.6 -104.6 -203.7 -296.2 -379.5 -399.1 -471.3 -518.9 -593.8 -616.6 -615.7 -546.5 -623.7 -601.3 -603.6 -637.8 -636.0 -619.4 -623.0 -584.3 -618.6 -571.2 -511.8 -484.5 -462.0 -381.3 -352.3
National defense ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... 479.4 474.2 450.7 425.3 404.6 389.2 383.8 373.0 365.3 372.2 370.3 384.9 413.2 449.0 475.0 482.2 490.0 502.1 476.3 481.0 495.1 476.5 486.7 489.0 487.9 496.3 488.8 498.8 511.0 509.9 518.9 528.1 550.5
Gross Final sales domestic of domestic State and product purchases 1 local Nondefense ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... 178.6 182.8 195.4 194.1 191.7 191.0 189.6 194.5 195.9 201.5 208.5 216.5 230.2 238.0 240.7 242.0 250.8 250.4 241.5 238.8 241.4 246.5 253.8 248.5 253.1 247.8 248.6 250.5 251.2 251.5 253.2 256.3 259.1 ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... 868.4 886.8 906.5 919.5 943.3 968.3 990.5 1,025.9 1,063.0 1,113.2 1,142.8 1,179.0 1,215.4 1,217.8 1,215.8 1,214.3 1,230.2 1,259.0 1,211.4 1,213.8 1,213.6 1,218.5 1,219.9 1,228.8 1,233.7 1,238.2 1,249.3 1,256.6 1,262.6 1,267.5 1,266.7 1,274.4 1,276.9 2,442.7 2,506.8 2,566.8 2,708.5 2,830.3 2,999.9 3,173.8 3,364.8 3,467.6 3,640.3 3,753.7 3,787.7 3,893.4 4,098.6 4,315.9 4,305.5 4,352.5 4,522.3 4,721.6 4,981.6 5,161.2 5,196.7 5,265.1 5,233.4 5,454.0 5,739.2 6,042.1 6,271.8 6,457.2 6,734.5 6,962.2 7,108.5 7,115.0 7,331.1 7,522.3 7,777.8 8,010.2 8,306.5 8,636.6 8,997.6 9,404.0 9,760.5 9,920.9 10,036.5 10,285.1 10,619.8 10,947.3 11,249.3 11,523.4 10,799.3 10,925.9 11,035.5 11,028.4 11,167.6 11,232.1 11,257.8 11,339.7 11,370.5 11,490.5 11,605.0 11,628.0 11,653.7 11,778.8 11,737.9 2,485.9 2,529.6 2,587.6 2,751.4 2,866.0 3,023.2 3,228.6 3,450.3 3,545.1 3,727.5 3,844.1 3,837.4 3,974.2 4,192.8 4,399.1 4,343.8 4,297.0 4,575.0 4,818.5 5,081.5 5,206.8 5,108.9 5,244.7 5,175.1 5,477.6 5,951.6 6,215.8 6,443.6 6,644.1 6,857.9 7,060.8 7,161.6 7,101.2 7,338.9 7,577.2 7,911.3 8,098.4 8,405.7 8,807.6 9,272.5 9,767.7 10,196.4 10,290.1 10,517.7 10,815.5 11,261.4 11,597.8 11,904.1 12,066.8 11,490.6 11,539.4 11,645.4 11,716.2 11,846.2 11,904.4 11,930.6 11,935.6 11,970.9 12,058.2 12,135.1 12,103.2 12,105.8 12,102.6 12,057.1
Addendum: Gross national product 2 2,457.4 2,519.4 2,579.3 2,736.9 2,857.2 3,023.6 3,217.3 3,423.7 3,510.1 3,680.0 3,792.0 3,798.2 3,927.8 4,136.2 4,383.6 4,367.5 4,348.4 4,585.3 4,800.3 5,064.4 5,240.1 5,227.6 5,349.7 5,249.7 5,482.5 5,869.3 6,093.4 6,290.6 6,500.9 6,775.2 7,015.4 7,155.2 7,136.8 7,371.8 7,568.6 7,864.2 8,069.8 8,365.3 8,737.5 9,088.7 9,504.7 9,855.9 9,933.6 10,079.0 10,355.3 10,746.0 11,072.1 11,362.3 11,609.8 10,968.4 11,028.4 11,140.7 11,151.2 11,286.5 11,365.1 11,370.8 11,426.5 11,419.1 11,541.7 11,719.9 11,758.3 11,760.9 11,822.2 11,809.6
Percent change from preceding period Gross domestic product 7.1 2.5 2.3 6.1 4.4 5.8 6.4 6.5 2.5 4.8 3.1 .2 3.4 5.3 5.8 -.5 -.2 5.3 4.6 5.6 3.2 -.2 2.5 -1.9 4.5 7.2 4.1 3.5 3.4 4.1 3.5 1.9 -.2 3.3 2.7 4.0 2.5 3.7 4.5 4.2 4.5 3.7 .8 1.6 2.5 3.6 2.9 2.8 2.0 3.0 2.6 3.8 1.3 4.8 2.7 .8 1.5 .1 4.8 4.8 -.2 .9 2.8 -.5 Gross domestic purchases 1 7.1 1.8 2.3 6.3 4.2 5.5 6.8 6.9 2.7 5.1 3.1 -.2 3.6 5.5 4.9 -1.3 -1.1 6.5 5.3 5.5 2.5 -1.9 2.7 -1.3 5.8 8.7 4.4 3.7 3.1 3.2 3.0 1.4 -.8 3.3 3.2 4.4 2.4 3.8 4.8 5.3 5.3 4.4 .9 2.2 2.8 4.1 3.0 2.6 1.4 2.5 1.7 3.7 2.5 4.5 2.0 .9 .2 1.2 2.9 2.6 -1.0 .1 -.1 -1.5
77.2 90.6 91.1 95.7 102.5 114.6 117.8 126.0 128.9 139.0 145.7 161.4 164.1 176.5 209.7 226.3 224.9 234.7 240.3 265.7 292.0 323.5 327.4 302.4 294.6 318.7 328.3 353.7 391.8 454.6 506.8 552.5 589.1 629.7 650.0 706.5 778.2 843.4 943.7 966.5 1,008.2 1,096.3 1,036.7 1,013.3 1,026.1 1,126.1 1,205.3 1,314.8 1,425.9 1,177.9 1,203.1 1,204.3 1,235.7 1,284.3 1,301.4 1,312.6 1,361.1 1,363.2 1,392.2 1,466.2 1,482.1 1,500.6 1,544.7 1,557.8
101.9 103.3 102.6 114.3 117.3 123.6 136.7 157.1 168.5 193.6 204.6 213.4 224.7 250.0 261.6 255.7 227.3 271.7 301.4 327.6 333.0 310.9 319.1 315.0 354.8 441.1 469.8 510.0 540.2 561.4 586.0 607.1 603.7 645.6 702.1 785.9 849.1 923.0 1,048.3 1,170.3 1,304.4 1,475.8 1,435.8 1,484.6 1,545.0 1,719.9 1,821.9 1,930.5 1,972.4 1,801.7 1,804.4 1,807.9 1,873.6 1,920.2 1,920.9 1,935.7 1,945.3 1,981.8 1,963.4 1,978.0 1,966.5 1,962.6 1,926.0 1,910.2
714.3 715.4 751.3 797.6 818.1 836.1 861.3 937.1 1,008.9 1,040.5 1,038.0 1,012.9 990.8 983.5 980.0 1,004.7 1,027.4 1,031.9 1,043.3 1,074.0 1,094.1 1,115.4 1,125.6 1,145.4 1,187.3 1,227.0 1,312.5 1,392.5 1,426.7 1,445.1 1,482.5 1,530.0 1,547.2 1,555.3 1,541.1 1,541.3 1,549.7 1,564.9 1,594.0 1,624.4 1,686.9 1,721.6 1,780.3 1,858.8 1,904.8 1,931.8 1,939.0 1,971.2 2,012.1 1,929.6 1,934.0 1,950.4 1,941.9 1,960.5 1,966.6 1,974.9 1,982.7 1,987.1 2,006.4 2,025.3 2,029.4 2,039.1 2,058.9 2,085.9
...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... ...... 659.1 658.0 646.6 619.6 596.4 580.3 573.5 567.6 561.2 573.7 578.8 601.4 643.4 687.1 715.9 724.5 741.0 752.9 718.0 720.1 736.8 723.2 740.6 737.7 741.1 744.4 737.5 749.6 762.7 761.7 772.6 785.0 810.4
Gross domestic product (GDP) less exports of goods and services plus imports of goods and services. GDP plus net income receipts from rest of the world.
Source: Department of Commerce (Bureau of Economic Analysis).