Economic Report of the President

Year orquarterTABLE B–32.—Gross saving and investment, 1959–2004—Continued[Billions of dollars, except as noted; quarterly data at seasonally adjusted annual rates]Gross domestic investment, capital account transactions,and net lending, NIPATotalGross domestic investmentTotalGrossprivatedomesticinvestmentGrossgovernmentinvestment2StatisticaldiscrepancyCapitalaccounttransactions(net) 3Netlendingor netborrowing(–),NIPA 4249GrossprivatesavingAddenda:Gross government savingTotalFederalStateandlocalNetdomesticinvestmentGrosssavingas apercentofgrossnationalincomeNetsavingas apercentofgrossnationalincome1959 .......... 106.7 107.8 78.5 29.3 .......... −1.2 0.5 84.6 21.6 13.6 8.0 54.8 20.9 10.41960 .......... 110.4 107.2 78.9 28.3 .......... 3.2 −.9 84.8 26.5 17.8 8.7 51.6 21.0 10.51961 .......... 113.8 109.5 78.2 31.3 .......... 4.3 −.6 91.8 22.5 13.5 9.0 52.3 20.8 10.41962 .......... 125.3 121.4 88.1 33.3 .......... 3.9 .4 100.7 24.3 14.0 10.3 62.2 21.2 11.11963 .......... 132.4 127.4 93.8 33.6 .......... 5.0 −.8 104.6 28.6 17.5 11.1 65.0 21.4 11.41964 .......... 144.2 136.7 102.1 34.6 .......... 7.5 .8 117.9 25.5 13.4 12.1 71.7 21.5 11.71965 .......... 160.0 153.8 118.2 35.6 .......... 6.2 1.6 129.7 28.8 16.0 12.8 84.4 21.9 12.31966 .......... 175.0 171.1 131.3 39.8 .......... 3.9 6.3 138.6 30.1 15.5 14.6 95.5 21.4 11.81967 .......... 175.1 171.6 128.6 43.0 .......... 3.6 4.6 151.3 19.2 4.7 14.5 90.1 20.5 10.71968 .......... 186.6 184.8 141.2 43.6 .......... 1.7 4.6 153.7 28.3 12.5 15.8 96.5 20.0 10.31969 .......... 201.5 199.7 156.4 43.3 .......... 1.8 3.2 156.8 41.5 24.2 17.3 101.8 20.1 10.21970 .......... 200.0 196.0 152.4 43.6 .......... 4.0 7.3 174.1 18.6 .9 17.7 89.3 18.6 8.31971 .......... 220.5 219.9 178.2 41.8 .......... .6 11.6 202.5 6.4 −11.9 18.3 104.9 18.6 8.41972 .......... 246.6 250.2 207.6 42.6 .......... −3.6 9.1 216.8 20.7 −7.7 28.5 123.7 19.2 9.01973 .......... 300.7 291.3 244.5 46.8 .......... 9.3 8.6 256.3 35.8 5.8 30.0 152.1 21.1 11.01974 .......... 312.3 305.7 249.4 56.3 .......... 6.6 10.9 270.0 31.5 4.5 27.0 143.2 20.0 9.21975 .......... 314.7 293.3 230.2 63.1 .......... 21.4 17.7 323.6 −26.6 −49.3 22.7 105.6 18.2 6.71976 .......... 367.2 358.4 292.0 66.4 .......... 8.9 25.1 343.8 −1.7 −30.3 28.6 153.2 18.8 7.51977 .......... 419.8 428.8 361.3 67.5 .......... −9.0 22.3 382.8 14.7 −21.0 35.7 198.8 19.6 8.31978 .......... 504.6 515.0 438.0 77.1 .......... −10.4 26.6 436.3 41.7 −1.5 43.2 252.7 20.9 9.41979 .......... 582.8 581.4 492.9 88.5 .......... 1.4 46.0 480.5 56.2 15.7 40.5 281.2 21.1 9.31980 .......... 590.9 579.5 479.3 100.3 .......... 11.4 41.4 532.4 17.0 −23.6 40.6 236.6 19.7 7.41981 .......... 685.6 679.3 572.4 106.9 .......... 6.3 30.9 630.3 24.4 −19.4 43.9 291.2 20.9 8.51982 .......... 629.4 629.5 517.2 112.3 −0.2 .0 .3 686.0 −56.9 −94.2 37.3 202.6 19.1 6.11983 .......... 655.1 687.2 564.3 122.9 −.2 −31.8 45.7 695.8 −86.5 −132.3 45.8 243.4 17.3 4.71984 .......... 788.0 875.0 735.6 139.4 −.2 −86.7 14.6 830.6 −57.2 −123.5 66.3 402.4 19.6 7.61985 .......... 784.1 895.0 736.2 158.8 −.3 −110.5 16.7 827.3 −59.9 −126.9 67.0 388.3 18.1 6.21986 .......... 780.5 919.7 746.5 173.2 −.3 −138.9 47.0 803.9 −70.4 −139.2 68.8 388.4 16.5 4.61987 .......... 818.5 969.2 785.0 184.3 −.4 −150.4 21.7 822.7 −25.9 −89.8 63.9 407.3 16.8 5.01988 .......... 895.5 1,007.7 821.6 186.1 −.5 −111.7 −19.5 917.5 −2.5 −75.2 72.7 410.1 17.8 6.21989 .......... 984.3 1,072.6 874.9 197.7 −.3 −88.0 39.7 931.8 12.9 −66.7 79.6 428.4 17.3 5.51990 .......... 1,006.7 1,076.7 861.0 215.7 6.6 −76.6 66.2 974.3 −33.8 −104.1 70.3 394.2 16.3 4.51991 .......... 1,036.6 1,023.2 802.9 220.3 4.5 9.0 72.5 1,042.9 −78.8 −141.5 62.7 297.3 16.2 4.01992 .......... 1,051.0 1,087.9 864.8 223.1 .6 −37.5 102.7 1,100.4 −152.1 −222.7 70.6 336.0 15.1 3.11993 .......... 1,102.0 1,172.4 953.4 219.0 1.3 −71.7 139.5 1,083.3 −120.8 −195.5 74.7 395.9 14.7 2.81994 .......... 1,213.2 1,318.4 1,097.1 221.4 1.7 −106.9 142.5 1,114.0 −43.2 −132.2 88.9 484.7 15.4 3.41995 .......... 1,285.7 1,376.7 1,144.0 232.7 .9 −91.9 101.2 1,204.5 −19.9 −115.1 95.2 498.4 16.2 4.21996 .......... 1,384.8 1,485.2 1,240.3 244.9 .7 −101.0 93.7 1,237.8 53.3 −59.7 113.0 567.1 16.6 4.81997 .......... 1,531.7 1,641.9 1,389.8 252.2 1.0 −111.3 70.7 1,303.6 157.5 26.7 130.7 667.5 17.7 5.91998 .......... 1,584.1 1,771.5 1,509.1 262.4 .7 −188.1 −14.6 1,328.9 269.8 121.6 148.2 741.3 18.2 6.51999 ......... 1,638.5 1,912.4 1,625.7 286.8 4.8 −278.7 −35.7 1,333.3 341.0 188.5 152.5 811.2 17.9 6.12000 ......... 1,643.3 2,040.0 1,735.5 304.5 .8 −397.4 −127.2 1,334.1 436.4 276.6 159.8 852.1 17.7 5.82001 .......... 1,567.9 1,938.3 1,614.3 324.0 1.1 −371.5 −89.6 1,400.1 257.5 134.9 122.6 656.9 16.2 3.72002 .......... 1,468.9 1,926.6 1,579.2 347.4 1.3 −458.9 −15.3 1,552.6 −68.4 −165.5 97.1 622.7 14.1 1.72003 .......... 1,513.3 2,024.2 1,665.8 358.5 3.1 −514.0 25.6 1,637.4 −149.7 −274.3 124.7 670.3 13.5 1.22004 p ....... .............. 2,301.7 1,922.4 379.3 .......... .............. .............. .............. .............. .............. .............. 894.8 .......... ..........2000: I ....... 1,612.8 1,975.6 1,672.3 303.3 .8 −363.6 −171.7 1,322.4 462.1 299.4 162.7 822.6 18.1 6.4II ...... 1,704.6 2,085.7 1,781.7 304.0 .8 −381.9 −67.8 1,335.5 437.0 268.4 168.6 908.7 17.9 6.0III ..... 1,630.6 2,054.0 1,749.0 305.0 .9 −424.3 −164.6 1,356.6 438.5 278.7 159.8 854.1 17.8 5.9IV .... 1,625.4 2,044.5 1,738.9 305.6 .8 −419.9 −104.6 1,321.9 408.1 260.1 147.9 823.3 17.1 5.02001: I ....... 1,577.5 1,988.5 1,675.3 313.2 1.1 −412.0 −167.8 1,354.1 391.2 244.5 146.7 748.0 17.1 4.9II ...... 1,605.3 1,981.6 1,647.7 333.9 1.0 −377.4 −98.8 1,350.8 353.2 211.9 141.4 710.7 16.6 4.2III .... 1,576.8 1,929.3 1,613.0 316.3 1.2 −353.7 −71.1 1,533.8 114.1 −.2 114.3 596.6 16.1 3.1IV .... 1,512.2 1,854.0 1,521.4 332.7 1.0 −342.9 −20.9 1,361.7 171.4 83.5 87.8 572.2 14.9 2.42002: I ....... 1,487.9 1,910.8 1,568.5 342.3 1.1 −424.1 −61.8 1,578.4 −28.7 −119.8 91.1 623.7 14.9 2.5II ...... 1,469.8 1,924.1 1,577.0 347.1 1.1 −455.3 −58.7 1,593.4 −64.9 −162.8 97.9 626.1 14.5 2.2III .... 1,472.3 1,932.4 1,581.3 351.1 1.4 −461.6 20.8 1,516.1 −64.6 −166.1 101.6 623.1 13.8 1.3IV .... 1,445.8 1,939.2 1,589.9 349.2 1.4 −494.7 38.4 1,522.6 −115.2 −213.0 97.8 617.7 13.2 .82003: I ....... 1,414.7 1,948.9 1,596.6 352.3 1.6 −535.9 39.6 1,490.0 −114.9 −192.0 77.0 614.9 12.8 .4II ...... 1,449.3 1,967.8 1,611.1 356.7 6.2 −524.8 13.2 1,588.8 −152.7 −274.3 121.6 620.8 13.2 .8III ..... 1,554.7 2,059.0 1,696.6 362.4 3.3 −507.5 36.6 1,725.5 −207.4 −342.5 135.0 698.4 13.6 1.4IV ..... 1,634.6 2,121.2 1,758.8 362.4 1.2 −487.8 12.8 1,745.3 −123.5 −288.5 165.0 747.0 14.3 2.22004: I ....... 1,631.3 2,188.3 1,819.7 368.6 1.4 −558.4 63.0 1,724.9 −156.6 −299.5 142.9 833.3 13.7 1.9II ...... 1,672.8 2,302.9 1,920.7 382.2 1.1 −631.2 56.4 1,751.1 −134.7 −287.2 152.5 927.7 13.9 2.1III ..... 1,691.9 2,325.6 1,947.0 378.7 1.3 −635.0 90.4 1,750.1 −148.5 −290.7 142.2 827.7 13.6 .9IV p .. .............. 2,389.8 2,002.2 387.7 .......... .............. .............. .............. .............. .............. .............. 990.3 .......... ..........2For details on government investment, see Table B–20.3Consists of capital transfers and the acquisition and disposal of nonproduced nonfinancial assets.4Prior to 1982, equals the balance on current account, NIPA (see Table B–24).Source: Department of Commerce, Bureau of Economic Analysis.