Table 2.—Revisions to Change in Real Gross Domestic Product and Prices, Fourth Quarter 1999

	Percent change from preceding quarter		Final estimate of change minus preliminary estimate of change
	Preliminary estimate	Final estimate	Percentage points	Billions of chained (1996) dollars
Gross domestic product	6.9	7.3	0.4	7.1
Less: Exports of goods and services	8.7	10.1	1.4	3.4
Goods	10.5	11.1	.6	1.1
Services	4.5	7.6	3.1	2.1
Plus: Imports of goods and services	10.0	8.7	–1.3	–4.4
Goods	9.3	9.7	.4	1.2
Services	13.9	3.4	–10.5	–5.1
Equals: Gross domestic purchases	7.2	7.2	0	.2
Less: Change in private inventories				–2.0
Farm				–.3
Nonfarm				–1.7
Equals: Final sales to domestic purchasers	5.8	5.9	.1	2.2
Personal consumption expenditures	5.9	5.9	0	.2
Durable goods	13.0	13.0	0	.1
Nondurable goods	7.2	7.6	.4	1.4
Services	3.8	3.7	–.1	–1.1
Private fixed investment	2.1	2.6	.5	2.0
Nonresidential	2.5	2.9	.4	1.2
Structures	–4.3	–.5	3.8	2.4
Equipment and software	4.7	4.0	–.7	–1.6
Residential	1.0	1.8	.8	.7
Government consumption expenditures and gross investment	9.2	9.3	.1	0
Federal	14.2	14.7	.5	.6
National defense	16.7	17.2	.5	.4
Nondefense	9.9	10.3	.4	.2
State and local	6.6	6.4	–.2	–.5
Addenda:
Final sales of domestic product	5.6	6.0	.4	9.1
Gross domestic purchases price index	2.3	2.3	0
GDP price index	2.0	2.0	0

NOTE.—The final estimates for the fourth quarter of 1999 incorporate the following revised or additional major source data that were not available when the preliminary estimates were prepared.

Personal consumption expenditures: Revised retail sales for December.

Nonresidential fixed investment: Revised construction put in place for November and December, revised manufacturers' shipments of machinery and equipment for December, and revised petroleum drilling footage for the quarter.

Residential fixed investment: Revised construction put in place for November and December, revised housing starts for December, and revised sales of new homes for October through December.

Change in private inventories: Revised manufacturing and trade inventories for December.

Exports and imports of goods and services: Revised data on exports and imports of goods for December and revised international transactions accounts data on exports and imports of services for the quarter.

Government consumption expenditures and gross investment: Revised State and local construction put in place for November and December.

Wages and salaries: Revised employment, average hourly earnings, and average weekly hours for December.

GDP prices: Revised export and import prices for October through December, revised unit-value index for petroleum imports for December, and revised prices of single-family homes under construction for the quarter.