Government consumption expenditures and gross investment

This table also can be found in the article, "The U.S. economy to 2020: recovery in uncertain times," published in the January 2012 Monthly Labor Review.

Also available as: [XLS]
Table 4.7 Government consumption expenditures and gross investment, 1990, 2000, 2010, and projected 2020

Category

Billions of chained 2005 dollars

Annual rate of change

1990

2000

2010

2020

1990-2000

2000-10

2010-20

Government consumption expenditures and gross investment

$1,864.1

$2,097.8

$2,556.8

$2,792.8

1.2

2.0

0.9

 

Federal Government consumption and investment

799.1

698.1

1,075.9

1,007.3

-1.3

4.4

-0.7

 

Defense consumption and investment

584.9

453.5

718.2

692.6

-2.5

4.7

-0.4

Consumption expenditures

506.5

403.8

608.9

567.0

-2.2

4.2

-0.7

Compensation, military

182.4

131.1

162.8

169.2

-3.2

2.2

0.4

Compensation, civilian

99.0

65.8

78.8

78.1

-4.0

1.8

-0.1

Consumption of fixed capital

68.4

65.7

83.2

101.2

-0.4

2.4

2.0

Intermediate goods and services purchased

174.0

147.2

289.8

224.4

-1.7

7.0

-2.5

Less own-account investment

2.6

1.5

2.3

2.4

-5.7

4.5

0.3

Less sales to other sectors

3.2

2.4

3.1

2.4

-3.1

2.8

-2.6

Gross Investment

75.0

50.3

110.2

131.5

-3.9

8.2

1.8

Own-account investment

2.6

1.5

2.3

2.4

-5.7

4.5

0.3

Other investment

72.2

48.8

108.0

129.3

-3.9

8.3

1.8

 

Nondefense consumption and investment

213.9

244.4

357.7

314.3

1.3

3.9

-1.3

Consumption expenditures

191.8

212.4

307.5

268.4

1.0

3.8

-1.4

Compensation

130.3

124.7

147.7

146.5

-0.4

1.7

-0.1

Consumption of fixed capital

14.3

22.4

31.2

37.7

4.6

3.4

1.9

Commodity credit corporation purchases

-1.6

0.8

-0.1

0.0

-

-

-

Other intermediate goods and services purchased

67.0

73.7

137.9

93.9

1.0

6.5

-3.8

Less own-account investment

4.2

2.6

2.9

3.0

-4.6

1.0

0.5

Less sales to other sectors

7.6

5.4

6.4

5.4

-3.4

1.7

-1.6

Gross investment

23.9

31.7

50.5

46.4

2.8

4.8

-0.8

Own-account investment

4.2

2.6

2.9

3.0

-4.6

1.0

0.5

Other investment

20.4

29.1

47.6

43.3

3.6

5.1

-0.9

 

State and local government consumption and investment

1,062.1

1,400.2

1,487.0

1,779.4

2.8

0.6

1.8

 

Consumption expenditures

880.0

1,133.7

1,213.0

1,436.8

2.6

0.7

1.7

Compensation

729.1

842.9

895.9

953.1

1.5

0.6

0.6

Consumption of fixed capital

63.5

96.2

128.7

165.3

4.2

3.0

2.5

Intermediate goods and services purchased

297.4

480.4

519.4

727.1

4.9

0.8

3.4

Less own-account investment

13.5

17.6

18.4

24.0

2.7

0.5

2.7

Less sales to other sectors

188.7

267.7

312.3

385.3

3.6

1.6

2.1

Gross investment

183.2

266.6

274.3

343.5

3.8

0.3

2.3

Own-account investment

13.5

17.6

18.4

24.0

2.7

0.5

2.7

Other investment

169.8

249.1

256.0

319.7

3.9

0.3

2.2

 

Residual1

-22.6

-4.6

-8.3

-2.7

-

-

-

Footnotes:
 1 The residual is the difference between the first line and the sum of the most detailed lines.
Note: Dash indicates data not computable or not applicable.


Source: Historical data: Bureau of Economic Analysis; Projected data: Bureau of Labor Statistics.

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Last Modified Date: February 01, 2012