Government consumption expenditures and gross investment
This file represents Table 9. Government consumption expenditures and gross investment, 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 9. Government consumption expenditures and gross investment, 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 |
Government consumption expenditures and gross investment |
$1,392.5 |
$1,564.9 |
$1,981.4 |
$2,286.6 |
1.2 |
2.4 |
1.4 |
| |
Federal Government consumption and investment |
623.7 |
573.5 |
742.3 |
795.6 |
-0.8 |
2.6 |
0.7 |
Defense consumption and investment |
462.4 |
383.8 |
491.5 |
542.3 |
-1.8 |
2.5 |
1.0 |
Consumption expenditures |
391.5 |
332.2 |
416.6 |
452.5 |
-1.6 |
2.3 |
0.8 |
Compensation, military |
124.2 |
94.9 |
97.9 |
102.2 |
-2.7 |
0.3 |
0.4 |
Compensation, civilian |
77.0 |
58.7 |
51.7 |
47.6 |
-2.7 |
-1.3 |
-0.8 |
Consumption of fixed capital |
50.6 |
63.3 |
65.1 |
73.8 |
2.3 |
0.3 |
1.3 |
Intermediate goods and services purchased |
147.0 |
120.3 |
209.7 |
239.9 |
-2.0 |
5.7 |
1.4 |
Less own-account investment |
1.6 |
1.7 |
1.6 |
1.7 |
0.2 |
-0.6 |
0.8 |
Less sales to other sectors |
1.3 |
2.9 |
2.9 |
2.1 |
8.0 |
-0.0 |
-2.8 |
Gross Investment |
69.5 |
51.3 |
76.6 |
94.2 |
-3.0 |
4.1 |
2.1 |
Own-account investment |
1.6 |
1.7 |
1.6 |
1.7 |
0.2 |
-0.6 |
0.8 |
Other investment |
67.8 |
49.7 |
75.2 |
92.9 |
-3.1 |
4.2 |
2.1 |
|
| |
|
|
|
|
|
|
|
Nondefense consumption and investment |
160.1 |
189.6 |
250.7 |
253.1 |
1.7 |
2.8 |
0.1 |
Consumption expenditures |
142.2 |
161.1 |
212.5 |
215.3 |
1.3 |
2.8 |
0.1 |
Compensation |
90.0 |
91.3 |
97.6 |
89.9 |
0.1 |
0.7 |
-0.8 |
Consumption of fixed capital |
10.7 |
17.0 |
25.6 |
29.6 |
4.8 |
4.1 |
1.5 |
Commodity credit corporation purchases |
7.3 |
-0.1 |
-0.1 |
0.0 |
N/C |
N/C |
N/C |
Other |
45.8 |
61.2 |
96.7 |
104.7 |
2.9 |
4.7 |
0.8 |
Less own-account investment |
2.5 |
3.0 |
2.1 |
1.9 |
1.8 |
-3.6 |
-0.9 |
Less sales to other sectors |
6.1 |
5.0 |
3.9 |
3.2 |
-1.9 |
-2.6 |
-1.9 |
Gross investment |
19.3 |
28.6 |
38.5 |
37.9 |
4.0 |
3.0 |
-0.2 |
Own-account investment |
2.5 |
3.0 |
2.1 |
1.9 |
1.8 |
-3.6 |
-0.9 |
Other investment |
17.0 |
25.7 |
36.7 |
36.2 |
4.2 |
3.6 |
-0.1 |
| |
|
|
|
|
|
|
|
State and local government consumption and investment |
766.4 |
990.5 |
1,239.0 |
1,489.0 |
2.6 |
2.3 |
1.9 |
Consumption expenditures |
641.9 |
812.8 |
990.9 |
1,183.1 |
2.4 |
2.0 |
1.8 |
Compensation |
521.6 |
626.9 |
707.3 |
763.6 |
1.9 |
1.2 |
0.8 |
Consumption of fixed capital |
46.6 |
70.6 |
103.2 |
139.5 |
4.2 |
3.9 |
3.1 |
Intermediate goods and services purchased |
226.4 |
317.4 |
446.5 |
556.6 |
3.4 |
3.5 |
2.2 |
Less own-account investment |
9.1 |
12.1 |
17.5 |
20.0 |
2.9 |
3.7 |
1.3 |
Less sales to other sectors |
141.3 |
189.7 |
247.8 |
255.2 |
3.0 |
2.7 |
0.3 |
Gross investment |
125.9 |
178.0 |
248.0 |
306.1 |
3.5 |
3.4 |
2.1 |
Own-account investment |
9.1 |
12.1 |
17.5 |
20.0 |
2.9 |
3.7 |
1.3 |
Other investment |
116.8 |
165.8 |
230.4 |
286.1 |
3.6 |
3.3 |
2.2 |
| |
|
|
|
|
|
|
|
Residual(1) |
82.5 |
91.2 |
90.2 |
74.5 |
– |
– |
– |
|
NOTE: N/C indicates data not computable.
SOURCES: Historical data, Bureau of Economic Analysis; projected data, Bureau of Labor Statistics.
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Last Modified Date: December 27, 2007
|
Bureau of Labor Statistics
