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Category |
Billions of chained 2012 dollars |
Annual rate of change |
Contribution to percent change in real GDP |
|||||||
---|---|---|---|---|---|---|---|---|---|---|
1998 |
2008 |
2018 |
2028 |
1998–08 |
2008–18 |
2018–28 |
1998–08 |
2008–18 |
2018–28 |
|
Gross domestic product |
$12,038.3 |
$15,604.7 |
$18,571.3 |
$22,189.8 |
2.6 |
1.8 |
1.8 |
2.6 |
1.8 |
1.8 |
Personal consumption expenditures |
7,813.8 |
10,592.8 |
12,890.6 |
15,727.9 |
3.1 |
2.0 |
2.0 |
2.1 |
1.4 |
1.4 |
Gross private domestic investment |
2,026.3 |
2,462.9 |
3,387.2 |
4,405.2 |
2.0 |
3.2 |
2.7 |
0.4 |
0.5 |
0.5 |
Exports |
1,212.9 |
1,925.4 |
2,546.6 |
3,421.3 |
4.7 |
2.8 |
3.0 |
0.5 |
0.4 |
0.4 |
Imports1 |
1,536.4 |
2,587.1 |
3,460.6 |
4,558.3 |
5.3 |
3.0 |
2.8 |
-0.7 |
-0.5 |
-0.4 |
Government consumption expenditures and gross investment |
2,533.0 |
3,195.6 |
3,177.8 |
3,269.8 |
2.4 |
-0.1 |
0.3 |
0.4 |
0.0 |
0.0 |
Federal defense |
543.3 |
791.5 |
738.2 |
727.0 |
3.8 |
-0.7 |
-0.2 |
0.2 |
0.0 |
0.0 |
Federal nondefense |
307.4 |
427.3 |
489.1 |
479.8 |
3.3 |
1.4 |
-0.2 |
0.1 |
0.0 |
0.0 |
State and local |
1,692.4 |
1,978.7 |
1,948.9 |
2,054.6 |
1.6 |
-0.2 |
0.5 |
0.2 |
0.0 |
0.1 |
Residual2 |
-21.3 |
13.1 |
31.3 |
-67.6 |
— |
— |
— |
— |
— |
— |
Addendum |
||||||||||
GDP per capita, chained 2012 dollars |
43,585.5 |
51,263.7 |
56,706.2 |
63,236.9 |
1.6 |
1.0 |
1.1 |
— |
— |
— |
Footnotes: |
Last Modified Date: September 4, 2019