Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Employment Projections

Nominal gross domestic product by major demand category

Other available formats: (XLSX)
Table 4.3 Nominal gross domestic product by major demand category

Category

Billions of current dollars

Percent distribution

1998

2008

2018

2028

1998

2008

2018

2028

Gross domestic product

$9,062.8

$14,712.8

$20,494.1

$30,493.1

100.0

100.0

100.0

100.0

Personal consumption expenditures

5,877.2

9,976.3

13,948.5

20,750.4

64.8

67.8

68.1

68.0

Gross private domestic investment

1,736.7

2,477.6

3,650.1

5,822.0

19.2

16.8

17.8

19.1

Exports

953.0

1,837.1

2,531.3

3,891.0

10.5

12.5

12.4

12.8

Imports1

1,115.7

2,560.1

3,156.7

4,711.5

12.3

17.4

15.4

15.5

Government consumption expenditures and gross investment

1,611.6

2,982.0

3,520.8

4,741.3

17.8

20.3

17.2

15.5

Federal defense

368.8

750.3

778.9

945.5

4.1

5.1

3.8

3.1

Federal nondefense

216.8

400.2

540.9

632.1

2.4

2.7

2.6

2.1

State and local

1,026.1

1,831.4

2,201.0

3,163.7

11.3

12.4

10.7

10.4

Footnotes:
  1 Imports are subtracted from the other components of GDP because they are not produced in the United States.
Source: Historical data: Bureau of Economic Analysis; Projected data: Bureau of Labor Statistics.

Back to top

 

Last Modified Date: September 4, 2019