ECONOMIC REPORT OF THE PRESIDENT

Table B–1. Percent changes in real gross domestic product, 1965–2016—Continued
[Percent change from preceding period; quarterly data at seasonally adjusted annual rates]
Year or quarter
Net exports of
goods and services
Net
exports
Exports Imports Total
Government consumption expenditures
and gross investment
Total
Federal
National
defense
Nondefense
State
and
local
Final
sales of
domestic
product
Gross
domestic
purchases
1
Final
sales to
private
domestic
purchasers
2
Gross
domestic
income
(GDI) 3
Average
of GDP
and GDI
1965 2.8 10.6 3.2 0.8 –1.3 7.9 6.6 5.9 6.9 7.2 6.4 6.4
1966 6.9 14.9 8.7 10.7 12.9 3.6 6.2 6.1 6.9 5.8 6.0 6.3
1967 2.3 7.3 7.9 10.1 12.5 1.9 5.0 3.3 3.0 2.1 3.0 2.9
1968 7.9 14.9 3.4 1.5 1.6 1.3 6.0 5.1 5.2 6.0 5.0 4.9
1969 4.9 5.7 .2 –2.4 –4.1 3.9 3.5 3.2 3.2 4.2 3.3 3.2
1970 10.7 4.3 –2.0 –6.1 –8.2 1.0 2.9 .9 –.1 1.4 –.1 .0
1971 1.7 5.3 –1.8 –6.4 –10.2 5.6 3.1 2.7 3.5 4.4 3.0 3.1
1972 7.8 11.3 –.5 –3.1 –6.9 7.2 2.2 5.2 5.4 7.3 5.5 5.4
1973 18.8 4.6 –.3 –3.6 –5.1 .2 2.8 5.2 4.8 5.8 5.8 5.7
1974 7.9 –2.3 2.3 .7 –1.0 4.6 3.7 –.3 –1.2 –1.9 –.6 –.5
1975 –.6 –11.1 2.2 .5 –1.0 3.9 3.6 1.0 –1.1 –.4 –.5 –.4
1976 4.4 19.5 .5 .2 –.5 1.6 .8 4.0 6.5 6.4 5.1 5.2
1977 2.4 10.9 1.2 2.2 1.0 4.7 .4 4.4 5.3 6.2 4.8 4.7
1978 10.5 8.7 2.9 2.5 .8 6.0 3.3 5.5 5.5 6.0 5.5 5.5
1979 9.9 1.7 1.9 2.3 2.7 1.7 1.5 3.6 2.5 3.2 2.4 2.8
1980 10.8 –6.6 1.9 4.4 3.9 5.4 –.2 .6 –1.9 –1.7 –.1 –.2
1981 1.2 2.6 1.0 4.5 6.2 1.0 –2.0 1.5 2.7 1.8 3.0 2.8
1982 –7.6 –1.3 1.8 3.7 7.2 –3.6 .1 –.6 –1.3 –.5 –1.0 –1.4
1983 –2.6 12.6 3.8 6.5 7.3 4.7 1.3 4.3 5.9 6.1 3.3 4.0
1984 8.2 24.3 3.6 3.3 5.2 –1.4 3.8 5.4 8.7 7.6 7.8 7.5
1985 3.3 6.5 6.8 7.9 8.8 5.7 5.7 5.4 4.5 5.3 4.0 4.1
1986 7.7 8.5 5.4 5.9 6.9 3.1 5.0 3.8 3.7 3.7 3.0 3.3
1987 10.9 5.9 3.0 3.8 5.1 .2 2.2 3.1 3.2 2.8 4.3 3.9
1988 16.2 3.9 1.3 –1.3 –.2 –4.3 3.9 4.4 3.3 4.0 5.1 4.6
1989 11.6 4.4 2.9 1.7 –.2 7.2 4.0 3.5 3.1 3.0 2.5 3.1
1990 8.8 3.6 3.2 2.1 .3 7.3 4.1 2.1 1.5 1.3 1.5 1.7
1991 6.6 –.1 1.2 .0 –1.0 2.4 2.2 .2 –.7 –.9 .0 .0
1992 6.9 7.0 .5 –1.5 –4.5 5.9 2.1 3.3 3.6 4.0 3.3 3.4
1993 3.3 8.6 –.8 –3.5 –5.1 .0 1.2 2.7 3.3 4.3 2.2 2.5
1994 8.8 11.9 .1 –3.5 –4.9 –.8 2.8 3.4 4.4 4.7 4.4 4.2
1995 10.3 8.0 .5 –2.6 –4.0 .0 2.7 3.2 2.6 3.6 3.4 3.1
1996 8.2 8.7 1.0 –1.2 –1.6 –.5 2.4 3.8 3.9 4.6 4.3 4.0
1997 11.9 13.5 1.9 –.8 –2.7 2.8 3.6 4.0 4.7 4.8 5.1 4.8
1998 2.3 11.7 2.1 –.9 –2.1 1.3 3.8 4.5 5.5 6.4 5.3 4.9
1999 2.6 10.1 3.4 2.0 1.5 2.7 4.2 4.7 5.5 6.1 4.4 4.5
2000 8.6 13.0 1.9 .3 –.9 2.3 2.8 4.2 4.8 5.5 4.7 4.4
2001 –5.8 –2.8 3.8 3.9 3.5 4.7 3.7 1.9 1.2 1.7 1.1 1.0
2002 –1.7 3.7 4.4 7.2 7.0 7.4 2.9 1.3 2.3 1.3 1.4 1.6
2003 1.8 4.5 2.2 6.8 8.5 4.1 –.4 2.8 3.1 3.3 2.3 2.5
2004 9.8 11.4 1.6 4.5 6.0 2.0 –.1 3.4 4.3 4.4 3.7 3.8
2005 6.3 6.3 .6 1.7 2.0 1.3 .0 3.4 3.5 4.2 3.6 3.4
2006 9.0 6.3 1.5 2.5 2.0 3.5 .9 2.6 2.6 2.8 4.0 3.3
2007 9.3 2.5 1.6 1.7 2.5 .3 1.5 2.0 1.1 1.3 .1 .9
2008 5.7 –2.6 2.8 6.8 7.5 5.5 .3 .2 –1.3 –1.7 –.8 –.6
2009 –8.8 –13.7 3.2 5.7 5.4 6.2 1.6 –2.0 –3.8 –4.6 –2.6 –2.7
2010 11.9 12.7 .1 4.4 3.2 6.4 –2.7 1.1 2.9 1.9 2.7 2.6
2011 6.9 5.5 –3.0 –2.7 –2.3 –3.4 –3.3 1.7 1.6 2.9 2.2 1.9
2012 3.4 2.2 –1.9 –1.9 –3.4 .9 –1.9 2.1 2.1 2.9 3.3 2.7
2013 3.5 1.1 –2.9 –5.8 –6.8 –4.1 –.8 1.5 1.3 2.1 1.2 1.5
2014 4.3 4.4 –.9 –2.5 –4.1 .1 .2 2.5 2.4 3.4 3.0 2.7
2015 .1 4.6 1.8 .0 –2.1 3.3 2.9 2.4 3.2 3.3 2.5 2.6
2013: I 4.0 1.3 –4.3 –10.5 –12.0 –8.1 .2 1.8 2.4 2.8 –.2 1.3
II 5.0 5.3 –2.0 –5.3 –5.3 –5.2 .3 .6 .9 1.5 2.0 1.4
III 3.1 1.7 –2.0 –5.1 –6.6 –2.6 .1 1.5 2.9 2.1 .8 2.0
IV 11.8 1.6 –2.8 –5.7 –4.2 –8.1 –1.0 4.1 2.6 4.0 2.5 3.2
2014: I –2.7 4.9 –1.0 –.2 –5.0 8.3 –1.5 .8 .0 2.5 2.1 .4
II 8.7 9.9 .1 –2.8 –3.2 –2.0 2.0 3.3 4.3 4.4 5.4 4.7
III 2.1 –1.2 2.5 3.9 4.0 3.9 1.6 4.7 4.3 4.4 4.5 4.7
IV 4.5 11.2 –.4 –6.0 –11.6 3.5 3.3 2.1 3.4 4.0 4.0 3.1
2015: I –5.8 5.6 2.6 1.9 –.4 5.4 3.0 1.0 3.6 2.7 1.6 1.8
II 2.9 2.9 3.2 .2 –.5 1.1 5.1 3.2 2.6 3.2 .6 1.6
III –2.8 1.1 1.9 1.0 –1.2 4.2 2.5 2.6 2.4 3.3 2.5 2.2
IV –2.7 .7 1.0 3.8 4.4 2.8 –.6 1.2 1.3 1.8 1.5 1.2
2016: I –.7 –.6 1.6 –1.5 –3.2 .9 3.5 1.2 .8 1.1 .8 .8
II 1.8 .2 –1.7 –.4 –3.2 3.8 –2.5 2.6 1.2 3.2 .7 1.1
III p 10.1 2.1 .2 2.5 2.1 3.0 –1.1 2.7 2.2 2.1 5.2 4.2
1 Gross domestic product (GDP) less exports of goods and services plus imports of goods and services.
2 Personal consumption expenditures plus gross private fixed investment.
3 Gross domestic income is deflated by the implicit price deflator for GDP.
Note: Percent changes based on unrounded GDP quantity indexes.
Source: Department of Commerce (Bureau of Economic Analysis).
GDP, Income, Prices, and Selected Indicators | 565