Personal consumption expenditures

This file represents Table 5. Personal consumption expenditures, 1986, 1996, 2006, and projected 2016, in "The U.S. Economy to 2016: slower growth as boomers begin to retire," published in the November 2007 Monthly Labor Review.

Table 5. Personal consumption expenditures, 1986, 1996, 2006, and projected 2016
Category Billions of chained 2000 dollars Average annual rate of change
1986 1996 2006 2016 1986-96 1996-2006 2006-16

Personal consumption expenditures

$4,228.9 $5,619.5 $8,044.1 $10,718.3 2.9 3.7 2.9
 

Durable goods

412.5 595.9 1,180.5 1,951.5 3.7 7.1 5.2

Motor vehicles and parts

256.0 285.3 437.3 640.5 1.1 4.4 3.9

Other durable goods

174.5 311.5 756.9 1,387.0 6.0 9.3 6.2

Nondurable goods

1,344.7 1,680.4 2,337.7 2,745.8 2.3 3.4 1.6

Services

2,479.5 3,356.0 4,545.5 6,160.3 3.1 3.1 3.1

Housing services

717.6 901.1 1,148.3 1,471.9 2.3 2.5 2.5

Medical services

669.9 922.5 1,300.3 1,866.3 3.3 3.5 3.7

Other services

1,092.0 1,533.9 2,096.2 2,815.4 3.5 3.2 3.0

Residual(1)

-25.8 -15.3 -32.6 -208.6

Footnotes:
(1) The residual is the difference between the first line and the sum of the most detailed lines.

Note: Dash indicates data not available.
SOURCE: Historical data, Bureau of Economic Analysis; projected data, Bureau of Labor Statistics.

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Last Modified Date: December 27, 2007