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 |
Plus: Income receipts from the rest of the world | 308.2 | 2.0 | 10.6 | 9.9 | 11.7 | 3.0 | 16.3 | 14.5 | 16.7 |
Less: Income payments to the rest of the world | 340.1 | 10.3 | 10.6 | 30.7 | 15.1 | 15.0 | 45.8 | ||
Equals: Gross national product | 9,005.2 | 80.7 | 40.9 | 120.8 | 138.4 | 3.8 | 1.9 | 5.6 | 6.4 |
Less: Exports of goods and services and income receipts from the rest of the world | 1,386.9 | 21.1 | 38.4 | 37.5 | 6.7 | 12.2 | 11.6 | ||
Plus: Command-basis exports of goods and services and income receipts from the rest of the world/1/ | 1,421.6 | 10.2 | 26.4 | 32.1 | 3.0 | 8.0 | 9.6 | ||
Equals: Command-basis gross national product | 9,040.0 | 87.0 | 30.0 | 108.9 | 133.0 | 4.1 | 1.4 | 5.0 | 6.1 |
Addendum: Terms of trade/2/ | 102.5 | .5 | 1.9 |
1. Exports of goods and services and income receipts deflated by the implicit price deflator for imports of goods and services and income payments.
2. Ratio of the implicit price deflator for exports of goods and services and income receipts to the corresponding implicit price deflator for imports divided by 100.
NOTE. See note to table 1 for an explanation of chained (1996) dollar series. Levels of these series are shown in NIPA tables 1.10 and 1.11.