Real gross domestic product by major demand category

This file represents Table 2. Real gross domestic product by major demand category, 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 2. Real gross domestic product by major demand category, 1986, 1996, 2006, and projected 2016
Category Billions of chained 2000 dollars Average annual rate of change Contribution to percent change in real GDP
1986 1996 2006 2016 1986-96 1996-2006 2006-16 1986-96 1996-2006 2006-16

Gross domestic product

 $6,263.6 $8,328.9 $11,319.4 $14,875.2 2.9 3.1 2.8 2.9 3.1 2.8

Personal consumption expenditures

 4,228.9 5,619.4 8,044.1 10,718.3 2.9 3.7 2.9 1.95 2.52 2.08

Gross private domestic investment

 843.9 1,234.3 1,919.5 2,609.5 3.9 4.5 3.1 0.59 0.75 0.53

Exports

 353.7 843.4 1,304.1 2,229.7 9.1 4.5 5.5 0.84 0.48 0.70

Imports(1)

 510.0 923.0 1,928.6 2,912.0 6.1 7.6 4.2 -0.68 -1.05 -0.76

Federal defense consumption expenditures and gross investment

 462.4 383.8 491.5 542.3 -1.8 2.5 1.0 -0.10 0.11 0.04

Federal nondefense consumption expenditures and gross investment

 160.1 189.6 250.7 253.1 1.7 2.8 0.1 0.04 0.06 0.00

State and local consumption expenditures and gross investment

 766.4 990.5 1,239.0 1,489.0 2.6 2.3 1.9 0.30 0.26 0.22

Residual(2)

 -41.7 -9.1 -0.8 -54.8 – – – – – –
Addenda

GDP per capita, chained 2000 dollars

 26,055 30,870 37,675 45,490 1.7 2.0 1.9 – – –

Footnotes:
(1) Imports are subtracted from the other componenets of GDP because they are not produced in the United States.

(2) The residual is calculated as real gross domestic product, plus imports, less other components.

Note: Dash indicates data not available.
SOURCE: Historical data, Bureau of Economic Analysis; projected data, Bureau of Labor Statistics.

 

Last Modified Date: December 27, 2007