ECONOMIC REPORT OF THE PRESIDENT

Year or quarter
Table B–1. Percent changes in real gross domestic product, 1965–2015
[Percent change from preceding period; quarterly data at seasonally adjusted annual rates]
Gross
domestic
product
Personal consumption
expenditures
Total Goods Services Total
Total
Total
Gross private domestic investment
Fixed investment
Nonresidential
Residential
Structures
Equipment
Intellectual
property
products
Change
in
private
inventories
1965 6.5 6.3 7.1 5.5 13.8 10.4 16.7 15.9 18.2 12.7 –2.6
1966 6.6 5.7 6.3 4.9 9.0 6.2 12.3 6.8 15.5 13.2 –8.4
1967 2.7 3.0 2.0 4.1 –3.5 –.9 –.3 –2.5 –1.0 7.8 –2.6
1968 4.9 5.7 6.2 5.3 6.0 7.0 4.8 1.4 6.1 7.5 13.5
1969 3.1 3.7 3.1 4.4 5.6 5.9 7.0 5.4 8.3 5.4 3.1
1970 .2 2.4 .8 3.9 –6.1 –2.1 –.9 .3 –1.8 –.1 –5.2
1971 3.3 3.8 4.2 3.5 10.3 6.9 .0 –1.6 .8 .4 26.6
1972 5.2 6.1 6.5 5.8 11.3 11.4 8.7 3.1 12.7 7.0 17.4
1973 5.6 5.0 5.2 4.7 10.9 8.6 13.2 8.2 18.5 5.0 –.6
1974 –.5 –.8 –3.6 1.9 –6.6 –5.6 .8 –2.2 2.1 2.9 –19.6
1975 –.2 2.3 .7 3.8 –16.2 –9.8 –9.0 –10.5 –10.5 .9 –12.1
1976 5.4 5.6 7.0 4.3 19.1 9.8 5.7 2.4 6.1 10.9 22.1
1977 4.6 4.2 4.3 4.1 14.3 13.6 10.8 4.1 15.5 6.6 20.5
1978 5.6 4.4 4.1 4.6 11.6 11.6 13.8 14.4 15.1 7.1 6.7
1979 3.2 2.4 1.6 3.1 3.5 5.8 10.0 12.7 8.2 11.7 –3.7
1980 –.2 –.3 –2.5 1.6 –10.1 –5.9 .0 5.9 –4.4 5.0 –20.9
1981 2.6 1.5 1.2 1.7 8.8 2.7 6.1 8.0 3.7 10.9 –8.2
1982 –1.9 1.4 .7 2.0 –13.0 –6.7 –3.6 –1.6 –7.6 6.2 –18.1
1983 4.6 5.7 6.4 5.2 9.3 7.5 –.4 –10.8 4.6 7.9 42.0
1984 7.3 5.3 7.2 3.9 27.3 16.2 16.7 13.9 19.4 13.7 14.8
1985 4.2 5.3 5.3 5.3 –.1 5.5 6.6 7.1 5.5 9.0 2.3
1986 3.5 4.2 5.6 3.2 .2 1.8 –1.7 –11.0 1.1 7.0 12.4
1987 3.5 3.4 1.8 4.5 2.8 .6 .1 –2.9 .4 3.9 2.0
1988 4.2 4.2 3.7 4.5 2.5 3.3 5.0 .7 6.6 7.1 –.9
1989 3.7 2.9 2.5 3.2 4.0 3.2 5.7 2.0 5.3 11.7 –3.2
1990 1.9 2.1 .6 3.0 –2.6 –1.4 1.1 1.5 –2.1 8.4 –8.5
1991 –.1 .2 –2.0 1.6 –6.6 –5.1 –3.9 –11.1 –4.6 6.4 –8.9
1992 3.6 3.7 3.2 4.0 7.3 5.5 2.9 –6.0 5.9 6.0 13.8
1993 2.7 3.5 4.2 3.1 8.0 7.7 7.5 –.3 12.7 4.2 8.2
1994 4.0 3.9 5.3 3.1 11.9 8.2 7.9 1.8 12.3 4.0 9.0
1995 2.7 3.0 3.0 3.0 3.2 6.1 9.7 6.4 12.1 7.3 –3.4
1996 3.8 3.5 4.5 2.9 8.8 8.9 9.1 5.7 9.5 11.3 8.2
1997 4.5 3.8 4.8 3.2 11.4 8.6 10.8 7.3 11.1 13.0 2.4
1998 4.5 5.3 6.7 4.6 9.5 10.2 10.8 5.1 13.1 10.8 8.6
1999 4.7 5.3 7.9 3.9 8.4 8.8 9.7 .1 12.5 12.4 6.3
2000 4.1 5.1 5.2 5.0 6.5 6.9 9.1 7.8 9.7 8.9 .7
2001 1.0 2.6 3.0 2.4 –6.1 –1.6 –2.4 –1.5 –4.3 .5 .9
2002 1.8 2.6 3.9 1.9 –.6 –3.5 –6.9 –17.7 –5.4 –.5 6.1
2003 2.8 3.1 4.8 2.2 4.1 4.0 1.9 –3.9 3.2 3.8 9.1
2004 3.8 3.8 5.1 3.2 8.8 6.7 5.2 –.4 7.7 5.1 10.0
2005 3.3 3.5 4.1 3.2 6.4 6.8 7.0 1.7 9.6 6.5 6.6
2006 2.7 3.0 3.6 2.7 2.1 2.0 7.1 7.2 8.6 4.5 –7.6
2007 1.8 2.2 2.7 2.0 –3.1 –2.0 5.9 12.7 3.2 4.8 –18.8
2008 –.3 –.3 –2.5 .8 –9.4 –6.8 –.7 6.1 –6.9 3.0 –24.0
2009 –2.8 –1.6 –3.0 –.9 –21.6 –16.7 –15.6 –18.9 –22.9 –1.4 –21.2
2010 2.5 1.9 3.4 1.2 12.9 1.5 2.5 –16.4 15.9 1.9 –2.5
2011 1.6 2.3 3.1 1.8 5.2 6.3 7.7 2.3 13.6 3.6 .5
2012 2.2 1.5 2.7 .8 10.6 9.8 9.0 12.9 10.8 3.9 13.5
2013 1.5 1.7 3.1 1.0 4.5 4.2 3.0 1.6 3.2 3.8 9.5
2014 2.4 2.7 3.3 2.4 5.4 5.3 6.2 8.1 5.8 5.2 1.8
2015 p 2.4 3.1 3.8 2.8 4.8 4.0 2.9 –1.5 3.1 5.8 8.7
2012: I 2.7 2.4 4.9 1.2 9.7 14.7 12.2 19.9 16.0 1.9 27.5
II 1.9 .7 1.1 .5 10.2 6.9 7.5 10.3 8.8 3.8 3.7
III .5 1.1 2.7 .2 –1.1 .1 –2.1 –4.0 –3.3 1.4 10.7
IV .1 1.1 2.3 .5 –3.2 6.9 3.7 –7.3 7.3 6.8 22.3
2013: I 1.9 2.5 6.1 .7 7.1 4.9 4.0 –6.0 6.3 7.8 9.1
II 1.1 1.4 1.2 1.5 5.2 2.6 1.0 11.7 –.8 –3.2 9.1
III 3.0 1.7 2.6 1.2 13.7 3.8 3.5 17.9 –3.8 5.2 4.9
IV 3.8 3.5 3.1 3.7 4.2 5.1 8.7 4.0 14.7 3.5 –8.1
2014: I –.9 1.3 1.1 1.4 –2.5 6.0 8.3 19.1 3.5 7.8 –2.8
II 4.6 3.8 6.7 2.4 12.6 5.6 4.4 –.2 6.5 4.8 10.4
III 4.3 3.5 4.1 3.1 7.4 7.9 9.0 –1.9 16.4 6.6 3.4
IV 2.1 4.3 4.1 4.3 2.1 2.5 .7 4.3 –4.9 6.9 10.0
2015: I .6 1.8 1.1 2.1 8.6 3.3 1.6 –7.4 2.3 7.4 10.1
II 3.9 3.6 5.5 2.7 5.0 5.2 4.1 6.2 .3 8.3 9.3
III 2.0 3.0 5.0 2.1 –.7 3.7 2.6 –7.2 9.9 –.8 8.2
IV p .7 2.2 2.4 2.0 –2.5 .2 –1.8 –5.3 –2.5 1.6 8.1
See next page for continuation of table.
GDP, Income, Prices, and Selected Indicators
400 | Appendix B