Economic Report of the President

TABLE B–9.—Real gross domestic product by major type of product, 1959–2004[Billions of chained (2000) dollars; quarterly data at seasonally adjusted annual rates]GoodsYear orquarterGrossdomesticproductFinalsales ofdomesticproductChangeinprivateinventoriesTotalTotal Durable goods Nondurable goodsFinalsalesChangeinprivateinventoriesFinalsalesChangeinprivateinventories1FinalsalesChangeinprivateinventories1Services2Structures1959 ........................ 2,441.3 2,442.7 12.3 700.7 .............. ............ .............. ............ .............. ............ 1,391.1 392.81960 ........................ 2,501.8 2,506.8 10.4 721.1 .............. ............ .............. ............ .............. ............ 1,433.0 389.11961 ........................ 2,560.0 2,566.8 9.4 726.7 .............. ............ .............. ............ .............. ............ 1,489.4 399.91962 ........................ 2,715.2 2,708.5 19.5 773.8 .............. ............ .............. ............ .............. ............ 1,574.3 422.81963 ........................ 2,834.0 2,830.3 18.0 803.4 .............. ............ .............. ............ .............. ............ 1,642.4 451.31964 ........................ 2,998.6 2,999.9 15.4 856.4 .............. ............ .............. ............ .............. ............ 1,720.1 481.71965 ........................ 3,191.1 3,173.8 29.3 927.3 .............. ............ .............. ............ .............. ............ 1,803.6 505.81966 ........................ 3,399.1 3,364.8 42.1 1,005.2 .............. ............ .............. ............ .............. ............ 1,916.7 506.41967 ........................ 3,484.6 3,467.6 30.3 1,006.4 .............. ............ .............. ............ .............. ............ 2,034.8 499.01968 ........................ 3,652.7 3,640.3 27.4 1,047.9 .............. ............ .............. ............ .............. ............ 2,140.4 529.71969 ........................ 3,765.4 3,753.7 27.0 1,082.2 .............. ............ .............. ............ .............. ............ 2,212.2 536.51970 ........................ 3,771.9 3,787.7 5.0 1,076.3 .............. ............ .............. ............ .............. ............ 2,255.4 513.41971 ........................ 3,898.6 3,893.4 22.3 1,105.7 .............. ............ .............. ............ .............. ............ 2,313.6 561.01972 ........................ 4,105.0 4,098.6 23.1 1,180.5 .............. ............ .............. ............ .............. ............ 2,393.7 602.71973 ........................ 4,341.5 4,315.9 35.0 1,299.5 .............. ............ .............. ............ .............. ............ 2,461.3 615.61974 ........................ 4,319.6 4,305.5 25.9 1,288.1 .............. ............ .............. ............ .............. ............ 2,522.8 551.81975 ........................ 4,311.2 4,352.5 −11.3 1,263.7 .............. ............ .............. ............ .............. ............ 2,612.1 501.71976 ........................ 4,540.9 4,522.3 30.7 1,359.8 .............. ............ .............. ............ .............. ............ 2,676.9 548.71977 ........................ 4,750.5 4,721.6 38.5 1,423.2 .............. ............ .............. ............ .............. ............ 2,770.5 600.61978 ........................ 5,015.0 4,981.6 41.1 1,515.6 .............. ............ .............. ............ .............. ............ 2,874.9 658.31979 ........................ 5,173.4 5,161.2 25.1 1,577.9 .............. ............ .............. ............ .............. ............ 2,943.3 677.01980 ........................ 5,161.7 5,196.7 −8.0 1,567.1 .............. ............ .............. ............ .............. ............ 3,004.2 627.81981 ........................ 5,291.7 5,265.1 34.9 1,634.5 .............. ............ .............. ............ .............. ............ 3,062.5 619.21982 ........................ 5,189.3 5,233.4 −17.5 1,559.7 .............. ............ .............. ............ .............. ............ 3,120.0 566.11983 ........................ 5,423.8 5,454.0 −6.4 1,625.4 .............. ............ .............. ............ .............. ............ 3,251.0 607.11984 ........................ 5,813.6 5,739.2 71.3 1,810.9 .............. ............ .............. ............ .............. ............ 3,341.1 689.21985 ........................ 6,053.7 6,042.1 23.7 1,851.3 .............. ............ .............. ............ .............. ............ 3,520.8 725.11986 ........................ 6,263.6 6,271.8 8.3 1,906.0 .............. ............ .............. ............ .............. ............ 3,671.0 735.91987 ........................ 6,475.1 6,457.2 30.3 1,984.9 .............. ............ .............. ............ .............. ............ 3,797.3 739.21988 ........................ 6,742.7 6,734.5 20.3 2,108.9 .............. ............ .............. ............ .............. ............ 3,930.9 737.91989 ........................ 6,981.4 6,962.2 28.3 2,223.3 .............. ............ .............. ............ .............. ............ 4,049.5 732.81990 ........................ 7,112.5 7,108.5 15.4 2,252.7 2,244.3 15.4 872.8 7.2 1,402.1 3.5 4,170.0 718.31991 ........................ 7,100.5 7,115.0 −.5 2,221.5 2,228.9 −.5 852.7 −13.6 1,410.3 6.1 4,251.2 662.81992 ........................ 7,336.6 7,331.1 16.5 2,307.8 2,297.7 16.5 894.7 −3.0 1,434.3 8.7 4,373.7 688.31993 ........................ 7,532.7 7,522.3 20.6 2,394.8 2,380.3 20.6 949.8 16.4 1,457.7 1.5 4,457.5 709.31994 ........................ 7,835.5 7,777.8 63.6 2,550.6 2,493.9 63.6 1,016.4 33.4 1,501.4 12.6 4,558.3 746.01995 ........................ 8,031.7 8,010.2 29.9 2,639.0 2,614.9 29.9 1,096.9 31.0 1,536.9 −1.2 4,654.7 753.51996 ........................ 8,328.9 8,306.5 28.7 2,772.4 2,747.4 28.7 1,193.8 17.8 1,566.5 4.5 4,765.6 803.11997 ........................ 8,703.5 8,636.6 71.2 2,971.3 2,904.6 71.2 1,317.4 38.5 1,593.4 32.4 4,901.1 835.71998 ........................ 9,066.9 8,997.6 72.6 3,132.7 3,063.7 72.6 1,431.8 42.4 1,634.2 29.8 5,057.5 879.11999 ........................ 9,470.3 9,404.0 68.9 3,312.6 3,246.4 68.9 1,554.3 40.4 1,692.6 28.1 5,245.1 913.02000 ........................ 9,817.0 9,760.5 56.5 3,449.3 3,392.8 56.5 1,653.3 36.1 1,739.5 20.4 5,425.6 942.12001 ........................ 9,890.7 9,920.9 −31.7 3,390.9 3,421.9 −31.7 1,655.6 −42.4 1,766.1 10.3 5,553.2 945.62002 ........................ 10,074.8 10,063.2 11.7 3,432.8 3,420.8 11.7 1,612.1 13.4 1,806.1 −1.5 5,718.0 922.82003 ........................ 10,381.3 10,379.9 −.8 3,581.8 3,580.3 −.8 1,718.6 .4 1,861.6 −1.1 5,850.9 950.42004 p ...................... 10,837.2 10,790.2 45.3 3,843.1 3,792.8 45.3 1,861.0 29.3 1,936.1 16.8 6,006.7 999.12000: I ..................... 9,695.6 9,668.8 26.9 3,399.3 3,372.3 26.9 1,648.8 18.0 1,723.4 8.9 5,356.6 939.9II .................... 9,847.9 9,748.4 99.3 3,484.9 3,385.6 99.3 1,654.4 67.2 1,731.2 32.0 5,419.3 943.6III ................... 9,836.6 9,780.4 56.2 3,455.7 3,399.5 56.2 1,656.9 29.2 1,742.6 27.0 5,439.1 941.9IV .................. 9,887.7 9,844.3 43.5 3,457.5 3,414.1 43.5 1,653.2 29.8 1,761.0 13.8 5,487.3 942.82001: I ..................... 9,875.6 9,883.2 −7.8 3,417.7 3,425.6 −7.8 1,680.6 −23.9 1,745.5 15.7 5,513.5 943.9II .................... 9,905.9 9,908.7 −2.5 3,406.8 3,409.8 −2.5 1,653.9 −24.4 1,756.0 21.4 5,538.1 960.1III .................. 9,871.1 9,899.9 −29.9 3,358.7 3,388.1 −29.9 1,615.8 −40.0 1,771.1 9.6 5,561.2 949.6IV .................. 9,910.0 9,992.3 −86.7 3,380.2 3,464.2 −86.7 1,672.1 −81.5 1,791.9 −5.4 5,600.1 928.92002: I ..................... 9,993.5 10,000.4 −7.4 3,414.4 3,421.4 −7.4 1,607.7 −6.7 1,810.9 −.8 5,647.5 930.9II .................... 10,052.6 10,044.9 7.9 3,422.0 3,414.1 7.9 1,600.4 7.0 1,810.6 .8 5,706.2 923.1III .................. 10,117.3 10,095.2 22.7 3,461.4 3,438.5 22.7 1,637.8 13.5 1,799.3 9.2 5,737.9 917.6IV .................. 10,135.9 10,112.5 23.8 3,433.3 3,409.2 23.8 1,602.6 39.7 1,803.5 −15.0 5,780.2 919.52003: I ..................... 10,184.4 10,173.3 9.6 3,470.0 3,458.5 9.6 1,618.7 15.7 1,836.0 −5.5 5,793.2 919.6II .................... 10,287.4 10,302.5 −17.6 3,504.7 3,521.0 −17.6 1,682.4 −15.4 1,837.6 −2.7 5,844.8 935.8III ................... 10,472.8 10,473.9 −3.5 3,650.2 3,651.5 −3.5 1,776.6 −13.5 1,877.0 9.2 5,860.6 966.8IV .................. 10,580.7 10,569.6 8.6 3,702.2 3,690.4 8.6 1,796.8 14.9 1,895.9 −5.5 5,905.0 979.62004: I ..................... 10,697.5 10,655.8 40.0 3,776.2 3,731.7 40.0 1,817.5 31.3 1,916.5 9.8 5,949.5 981.3II .................... 10,784.7 10,722.3 61.1 3,799.2 3,732.2 61.1 1,812.6 46.8 1,921.3 16.1 5,982.7 1,011.0III ................... 10,891.0 10,854.7 34.5 3,875.9 3,837.3 34.5 1,894.7 15.6 1,948.5 18.9 6,023.6 1,004.7IV p ................. 10,975.7 10,928.1 45.8 3,921.0 3,870.1 45.8 1,919.3 23.7 1,957.9 22.3 6,071.1 999.41Estimates for durable and nondurable goods for 1996 and earlier periods are based on the Standard Industrial Classification (SIC); laterestimates are based on the North American Industry Classification System (NAICS).2Includes government consumption expenditures, which are for services (such as education and national defense) produced by government.In current dollars, these services are valued at their cost of production.Source: Department of Commerce, Bureau of Economic Analysis.221