Billions of chained (1996) dollars | Percent change from preceding quarter | ||||||||
Level | Change from preceding quarter | 1999 | |||||||
1999 | 1999 | I | II | III | IV | ||||
IV | I | II | III | IV | |||||
Gross domestic product | 9,037.2 | 78.1 | 40.7 | 121.5 | 157.4 | 3.7 | 1.9 | 5.7 | 7.3 |
Less: Exports of goods and services | 1,078.2 | 10.0 | 28.3 | 25.6 | 4.0 | 11.5 | 10.1 | ||
Plus: Imports of goods and services | 1,422.3 | 37.8 | 44.5 | 47.6 | 29.3 | 12.5 | 14.4 | 14.9 | 8.7 |
Equals: Gross domestic purchases | 9,358.6 | 125.1 | 70.7 | 138.3 | 160.8 | 5.8 | 3.2 | 6.2 | 7.2 |
Less: Change in private inventories | 66.7 | 24.0 | 28.7 | ||||||
Nonfarm | 72.3 | 28.1 | 31.1 | ||||||
Farm | |||||||||
Equals: Final sales to domestic purchasers | 9,286.0 | 143.5 | 102.8 | 114.1 | 132.9 | 6.7 | 4.7 | 5.1 | 5.9 |
Personal consumption expenditures | 6,102.9 | 92.0 | 73.2 | 71.2 | 87.2 | 6.5 | 5.1 | 4.9 | 5.9 |
Durable goods | 846.7 | 22.8 | 17.3 | 15.1 | 25.5 | 12.4 | 9.1 | 7.7 | 13.0 |
Nondurable goods | 1,812.0 | 36.9 | 14.2 | 15.6 | 32.7 | 8.9 | 3.3 | 3.6 | 7.6 |
Services | 3,454.7 | 33.9 | 42.5 | 41.1 | 31.3 | 4.2 | 5.2 | 5.0 | 3.7 |
Private fixed investment | 1,617.8 | 33.4 | 25.1 | 26.3 | 10.5 | 9.1 | 6.6 | 6.8 | 2.6 |
Nonresidential | 1,243.2 | 21.9 | 20.2 | 31.4 | 8.9 | 7.8 | 7.0 | 10.9 | 2.9 |
Structures | 245.8 | ||||||||
Equipment and software | 1,006.4 | 27.2 | 25.2 | 35.7 | 9.8 | 12.5 | 11.2 | 15.7 | 4.0 |
Residential | 376.8 | 11.1 | 5.1 | 1.7 | 12.9 | 5.5 | 1.8 | ||
Government consumption expenditures and gross investment | 1,569.6 | 18.7 | 4.9 | 17.0 | 34.3 | 5.1 | 1.3 | 4.5 | 9.3 |
Federal | 558.3 | 2.9 | 5.4 | 18.8 | 2.1 | 4.1 | 14.7 | ||
National defense | 362.4 | 9.1 | 14.1 | 11.2 | 17.2 | ||||
Nondefense | 195.9 | 2.8 | 5.0 | 4.8 | 6.1 | 10.9 | 10.3 | ||
State and local | 1,011.1 | 19.2 | 2.2 | 11.5 | 15.6 | 8.2 | .9 | 4.8 | 6.4 |
Addendum: Final sales of domestic product | 8,964.6 | 96.3 | 72.5 | 97.5 | 129.6 | 4.6 | 3.4 | 4.5 | 6.0 |
NOTE.Chained (1996) dollar series are calculated as the product of the chain-type quantity index and the 1996 current-dollar value of the corresponding series, divided by 100. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates usually are not additive. Chained (1996) dollar levels and residuals, which measure the extent of nonadditivity in each table, are shown in NIPA tables 1.2, 1.4, and 1.6. Percent changes are calculated from unrounded data. Percent changes in major aggregates are shown in NIPA table S.1. (See "National Income and Product Accounts Tables" in this issue.)