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Table 37 | Gross domestic product, state and local expenditures, personal income, disposable personal income, median family income, and population: 1929 to 1998 |
____________________________________________________________________________________________________________________ | Gross domestic | State and local | |Disposable| Disposable | | Total population, | product, | expenditures,\1\ |Personal| personal |personal income| Median | in thousands Year | in billions | in millions |income, |income, in| per capita | family |_____________________ |__________________|_____________________| in | billions |_______________| income | Annual | | | Chained |All general|Education|billions|of chained| |Chained| |averages of| As of |Current | 1992 | expendi- |expendi- | | 1992 |Current| 1992 | | quarterly |July 1\3\ |dollars | dollars | tures | tures | | dollars |dollars|dollars| | data\2\ | ______|________|_________|___________|_________|________|__________|_______|_______|__________|___________|_________ 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 ______|________|_________|___________|_________|________|__________|_______|_______|__________|___________|_________ 1929 .| $103.8 | $790.9 | --- | --- | $85.2 | $635.3 | $680 |$5,213 | --- | --- | 121,878 1933 .| 56.2 | 577.3 | --- | --- | 46.8 | 481.6 | 363 | 3,831 | --- | --- | 125,690 1939 .| 91.9 | 866.5 | --- | --- | 72.8 | 687.9 | 539 | 5,250 | --- | --- | 131,028 1940 .| 101.2 | 941.2 | $9,229 | $2,638 | 78.3 | 734.3 | 575 | 5,558 | --- | --- | 132,122 | | | | | | | | | | | 1941 .| 126.7 | 1,101.8 | --- | --- | 96.0 | 845.6 | 697 | 6,339 | --- | --- | 133,402 1942 .| 161.6 | 1,308.9 | 9,190 | 2,586 | 123.3 | 952.8 | 872 | 7,065 | --- | --- | 134,860 1943 .| 198.3 | 1,523.0 | --- | --- | 151.8 | 995.8 | 982 | 7,282 | --- | --- | 136,739 1944 .| 219.7 | 1,644.7 | 8,863 | 2,793 | 165.7 | 1,031.3 | 1,062 | 7,452 | --- | --- | 138,397 1945 .| 223.2 | 1,626.7 | --- | --- | 171.3 | 1,016.8 | 1,077 | 7,267 | --- | --- | 139,928 | | | | | | | | | | | 1946 .| 222.6 | 1,447.7 | 11,028 | 3,356 | 179.0 | 1,011.0 | 1,136 | 7,150 | --- | --- | 141,389 1947 .| 244.6 | 1,430.7 | --- | --- | 191.8 | 974.1 | 1,185 | 6,759 | $3,031 | --- | 144,126 1948 .| 269.7 | 1,491.0 | 17,684 | 5,379 | 210.7 | 1,025.6 | 1,297 | 6,994 | 3,187 | --- | 146,631 1949 .| 267.8 | 1,479.8 | --- | --- | 207.8 | 1,031.6 | 1,272 | 6,915 | 3,107 | --- | 149,188 1950 .| 294.6 | 1,611.3 | 22,787 | 7,177 | 229.7 | 1,124.7 | 1,382 | 7,415 | 3,319 | --- | 151,684 | | | | | | | | | | | 1951 .| 339.7 | 1,734.0 | --- | --- | 258.6 | 1,157.3 | 1,492 | 7,501 | 3,709 | --- | 154,287 1952 .| 358.6 | 1,798.7 | 26,098 | 8,318 | 276.0 | 1,194.8 | 1,545 | 7,613 | 3,890 | --- | 156,954 1953 .| 379.7 | 1,881.4 | 27,910 | 9,390 | 292.9 | 1,254.3 | 1,617 | 7,861 | 4,242 | --- | 159,565 1954 .| 381.3 | 1,868.2 | 30,701 | 10,557 | 255.7 | 1,270.2 | 1,625 | 7,822 | 4,167 | --- | 162,391 1955 .| 415.1 | 2,001.1 | 33,724 | 11,907 | 317.3 | 1,355.6 | 1,710 | 8,202 | 4,418 | --- | 165,275 | | | | | | | | | | | 1956 .| 438.0 | 2,040.2 | 36,711 | 13,220 | 340.5 | 1,418.5 | 1,794 | 8,432 | 4,780 | --- | 168,221 1957 .| 461.0 | 2,078.5 | 40,375 | 14,134 | 359.6 | 1,452.6 | 1,859 | 8,481 | 4,966 | --- | 171,274 1958 .| 467.3 | 2,057.5 | 44,851 | 15,919 | 370.3 | 1,466.4 | 1,892 | 8,421 | 5,087 | --- | 174,882 1959 .| 507.2 | 2,210.2 | 48,887 | 17,283 | 394.4 | 1,530.1 | 1,971 | 8,641 | 5,417 | 177,073 | 177,830 1960 .| 526.6 | 2,262.9 | 51,876 | 18,719 | 412.5 | 1,565.4 | 2,008 | 8,660 | 5,620 | 180,760 | 180,671 | | | | | | | | | | | 1961 .| 544.8 | 2,314.3 | 56,201 | 20,574 | 430.0 | 1,615.8 | 2,062 | 8,794 | 5,735 | 183,742 | 183,691 1962 .| 585.2 | 2,454.8 | 60,206 | 22,216 | 457.0 | 1,693.7 | 2,151 | 9,077 | 5,956 | 186,590 | 186,538 1963 .| 617.4 | 2,559.4 | 63,977 | 23,729 | 480.0 | 1,755.5 | 2,225 | 9,274 | 6,249 | 189,300 | 189,242 1964 .| 663.0 | 2,708.4 | 69,302 | 26,286 | 514.5 | 1,881.9 | 2,384 | 9,805 | 6,569 | 191,927 | 191,889 1965 .| 719.1 | 2,881.1 | 74,678 | 28,563 | 556.7 | 2,000.2 | 2,541 |10,292 | 6,957 | 194,347 | 194,303 | | | | | | | | | | | 1966 .| 787.8 | 3,069.2 | 82,843 | 33,287 | 605.7 | 2,106.6 | 2,715 |10,715 | 7,532 | 196,599 | 196,560 1967 .| 833.6 | 3,147.2 | 93,350 | 37,919 | 650.7 | 2,198.4 | 2,877 |11,061 | 7,933 | 198,752 | 198,712 1968 .| 910.6 | 3,293.9 | 102,411 | 41,158 | 714.5 | 2,298.2 | 3,096 |11,448 | 8,632 | 200,745 | 200,706 1969 .| 982.2 | 3,393.6 | 116,728 | 47,238 | 779.3 | 2,373.6 | 3,297 |11,708 | 9,433 | 202,736 | 202,677 1970 .|1,035.6 | 3,397.6 | 131,332 | 52,718 | 837.1 | 2,465.6 | 3,545 |12,022 | 9,867 | 205,089 | 205,052 | | | | | | | | | | | 1971 .|1,125.4 | 3,510.0 | 150,674 | 59,413 | 900.2 | 2,564.0 | 3,805 |12,345 | 10,285 | 207,692 | 207,661 1972 .|1,237.3 | 3,702.3 | 168,550 | 65,814 | 988.8 | 2,680.8 | 4,074 |12,770 | 11,116 | 209,924 | 209,896 1973 .|1,382.6 | 3,916.3 | 181,357 | 69,714 |1,107.5 | 2,869.4 | 4,553 |13,539 | 12,051 | 211,939 | 211,909 1974 .|1,496.9 | 3,891.2 | 198,959 | 75,833 |1,215.9 | 2,847.0 | 4,928 |13,310 | 12,902 | 213,898 | 213,854 1975 .|1,630.6 | 3,873.9 | 230,721 | 87,858 |1,319.0 | 2,895.0 | 5,367 |13,404 | 13,719 | 215,981 | 215,973 | | | | | | | | | | | 1976 .|1,819.0 | 4,082.9 | 256,731 | 97,216 |1,459.4 | 3,008.0 | 5,837 |13,793 | 14,958 | 218,086 | 218,035 1977 .|2,026.9 | 4,273.6 | 274,215 | 102,780 |1,616.1 | 3,105.1 | 6,362 |14,095 | 16,009 | 220,289 | 220,239 1978 .|2,291.4 | 4,503.0 | 296,984 | 110,758 |1,825.9 | 3,264.2 | 7,097 |14,662 | 17,640 | 222,629 | 222,585 1979 .|2,557.5 | 4,630.6 | 327,517 | 119,448 |2,055.8 | 3,353.9 | 7,861 |14,899 | 19,587 | 225,106 | 225,055 1980 .|2,784.2 | 4,615.0 | 369,086 | 133,211 |2,293.0 | 3,373.3 | 8,665 |14,813 | 21,023 | 227,726 | 227,726 | | | | | | | | | | | 1981 .|3,115.9 | 4,720.7 | 407,449 | 145,784 |2,568.5 | 3,452.3 | 9,566 |15,009 | 22,388 | 230,008 | 229,966 1982 .|3,242.1 | 4,620.3 | 436,733 | 154,282 |2,724.1 | 3,483.0 |10,108 |14,999 | 23,433 | 232,218 | 232,188 1983 .|3,514.5 | 4,803.7 | 466,516 | 163,876 |2,894.4 | 3,579.9 |10,764 |15,277 | 24,674 | 234,332 | 234,307 1984 .|3,902.4 | 5,140.1 | 505,008 | 176,108 |3,211.4 | 3,841.9 |11,887 |16,252 | 26,433 | 236,394 | 236,348 1985 .|4,180.7 | 5,323.5 | 553,899 | 192,686 |3,440.9 | 3,958.6 |12,587 |16,597 | 27,735 | 238,506 | 238,466 | | | | | | | | | | | 1986 .|4,422.2 | 5,487.7 | 605,623 | 210,819 |3,639.6 | 4,087.0 |13,244 |16,981 | 29,458 | 240,682 | 240,651 1987 .|4,692.3 | 5,649.5 | 657,134 | 226,619 |3,877.8 | 4,154.1 |13,849 |17,106 |\4\30,970 | 242,842 | 242,804 1988 .|5,049.6 | 5,865.2 | 704,921 | 242,683 |4,178.9 | 4,318.1 |14,857 |17,621 |\4\32,191 | 245,061 | 245,021 1989 .|5,438.7 | 6,062.0 | 762,360 | 263,898 |4,496.4 | 4,403.7 |15,742 |17,801 |\4\34,213 | 247,387 | 247,342 1990 .|5,743.8 | 6,136.3 | 834,818 | 288,148 |4,796.2 | 4,484.6 |16,670 |17,942 |\4\35,353 | 249,956 | 249,949 | | | | | | | | | | | 1991 .|5,916.7 | 6,079.4 | 908,108 | 309,302 |4,965.6 | 4,483.5 |17,179 |17,744 |\4\35,939 | 252,680 | 252,636 1992 .|6,244.4 | 6,244.4 | 981,253 | 324,652 |5,255.7 | 4,605.1 |18,029 |18,029 |\4\36,573 | 255,432 | 255,382 1993 .|6,558.1 | 6,389.6 | 1,033,167 | 342,287 |5,481.0 | 4,666.7 |18,558 |18,077 |\4\36,959 | 258,161 | 258,089 1994 .|6,947.0 | 6,610.7 | 1,077,665 | 353,287 |5,757.9 | 4,772.9 |19,251 |18,308 |\4\38,782 | 260,705 | 260,602 1995 .|7,269.6 | 6,761.7 | 1,149,863 | 378,273 |6,072.1 | 4,906.0 |20,050 |18,640 |\4\40,611 | 263,194 | 263,039 | | | | | | | | | | | 1996 .|7,661.6 | 6,994.8 | 1,193,276 | 398,859 |6,425.2 | 5,043.0 |20,840 |18,989 |\4\42,300 | 265,579 | 265,453 1997 .|8,110.9 | 7,269.8 | --- | --- |6,784.0 | 5,183.1 |21,633 |19,349 |\4\44,568 | 267,880 | 267,901 1998 .|8,466.2 | 7,509.9 | --- | --- |7,082.2 | 5,324.2 |22,204 |19,727 |\4\46,737 | 269,900 | 270,290 ______|________|_________|___________|_________|________|__________|_______|_______|__________|___________|_________ |
\1\Data for years prior to 1963 include expenditures for government fiscal years ending during that particular
calendar year. Data for 1963 and later years are the aggregations of expenditures for government fiscal years
which ended on June 30 of the stated year. General expenditures exclude expenditures of publicly owned utilities
and liquor stores, and of insurance-trust activities. Intergovernmental payments between state and local
governments are excluded. Payments to the federal government are included.
\2\Population of the United States including Armed Forces overseas; includes Alaska and Hawaii beginning 1960. Quarterly data are averages for the period. \3\Population of the United States including Armed Forces overseas; includes Alaska and Hawaii beginning 1958. Includes revisions based on the 1990 Census. \4\Revised methodology. ---Data not available. NOTE.--Gross domestic product data are adjusted by the GDP chained weight price deflator. Personal income data are adjusted by the personal consumption deflator. Some data have been revised from previously published figures. SOURCE: Executive Office of the President, Economic Report of the President, February 1999, and Economic Indicators, September 1998; and U.S. Department of Commerce, Bureau of the Census, Money Income in the United States, Series P-60, No. 200; and Bureau of Economic Analysis, Survey of Current Business. (This table was prepared September 1999.)
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