Table 2.—Motor Vehicle Output, Sales, and Inventories

[Seasonally adjusted at annual rates]

Billions of chained (1992) dollars Percent change from preceding quarter
Level Change from preceding quarter 1997 1998
1998 1997 1998 IV I II III
III IV I II III
Output 256.7 9.6 -6.2 -7.8 -4.0 15.2 -8.6 -11.2 -6.0
Autos 115.3 -.7 -5.7 -9.7 8.4 -2.2 -17.5 -29.2 35.2
Trucks 140.9 10.2 -.4 1.8 -12.4 31.9 -1.0 4.8 -28.5
Less: Exports 21.0 .8 -.1 -.9 -5.1 13.1 -2.3 -12.2 -58.3
Autos 12.8 0 .1 -.8 -2.1 -.3 .6 -17.0 -45.9
Trucks 8.2 .8 -.2 -.1 -3.0 35.2 -6.2 -5.2 -71.3
Plus: Imports 79.4 -3.3 6.4 -1.1 -3.6 -15.5 37.5 -4.9 -16.4
Autos 66.7 -2.2 6.1 .8 -4.0 -12.8 44.7 4.8 -20.7
Trucks 12.6 -1.1 .3 -1.9 .3 -26.5 7.5 -43.3 12.0
Equals: Gross domestic purchases 315.0 5.5 .5 -8.1 -2.7 7.0 .6 -9.5 -3.3
Autos 169.1 -2.8 .4 -8.1 6.4 -6.5 1.0 -17.7 16.7
Trucks 145.6 8.2 .1 0 -9.0 24.6 .1 .1 -21.5
Less: Change in business inventories -3.7 9.5 -7.7 -25.2 18.9
Autos 2.6 3.7 -4.3 -12.2 14.9
Trucks -6.0 5.5 -3.4 -12.7 4.2
Equals: Final sales to domestic purchasers 318.7 -4.2 8.2 17.1 -21.5 -5.1 10.8 22.9 -23.0
Autos 166.6 -6.4 4.6 3.8 -8.1 -14.2 11.5 9.2 -17.3
Trucks 151.8 2.3 3.5 13.3 -13.4 6.4 10.0 39.7 -28.7
Addenda:
Personal consumption expenditures 189.8 -1.7 3.6 9.1 -9.2 -3.5 7.9 20.5 -17.2
Producers' durable equipment 122.4 -.6 5.4 6.3 -9.8 -1.9 19.1 21.3 -26.4
Gross government investment 7.6 -1.9 -.7 1.9 -2.9 -53.5 -24.4 121.8 -72.4

NOTE.—See note to table 1 for an explanation of chained (1992) dollars. Truck output includes new trucks only; auto output includes new cars and used cars. Chained (1992) dollar levels for motor vehicle output, auto and truck output, and residuals, which measure the extent of nonadditivity in each table, are in NIPA tables 1.4, 8.5, and 8.7.