Table 5.—Gross Domestic Product in Chained (1952) Dollars, 1942-62

Line 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962
1 Gross domestic product 260.9 303.6 327.9 324.3 288.6 285.2 297.2 295.0 321.2 345.7 358.6 375.0 372.4 398.9 406.7 414.4 410.2 440.6 451.1 461.3 489.3
2 Personal consumption expenditures 146.1 150.1 154.4 164.1 184.3 188.0 192.1 197.3 209.9 212.9 219.7 230.3 235.2 252.2 259.4 265.5 267.7 283.0 290.7 296.6 311.3
3 Durable goods 11.6 10.1 9.3 10.5 19.9 23.6 25.1 27.1 33.1 30.1 29.3 33.1 33.1 40.3 38.6 38.6 35.5 40.3 41.1 39.6 44.2
4 Nondurable goods 86.7 89.5 93.1 99.8 105.2 102.4 102.7 104.3 107.5 110.4 114.7 118.3 119.8 125.6 129.9 132.3 133.6 139.1 141.2 143.8 148.4
5 Services 47.9 50.4 52.1 53.9 59.0 61.9 64.2 65.9 69.1 72.5 75.7 79.0 82.2 86.4 90.8 94.3 97.8 103.0 107.5 111.8 117.4
6 Gross private domestic investment 18.5 10.7 13.4 17.6 45.4 43.6 55.4 41.9 60.1 60.4 54.0 56.5 53.9 67.2 66.2 63.1 57.6 69.7 69.4 68.7 77.5
7 Fixed investment 15.8 12.2 15.0 20.6 37.4 45.0 49.5 45.2 54.0 51.5 50.5 54.2 55.0 62.2 62.0 61.4 56.8 64.9 65.4 65.1 70.9
8 Nonresidential 11.5 9.6 12.8 18.0 25.9 30.2 31.7 28.7 31.3 32.6 31.9 34.9 34.1 37.9 39.6 40.4 35.7 38.7 40.9 40.5 44.0
9 Structures 4.5 3.3 4.3 5.8 11.5 10.4 11.0 10.6 11.4 12.3 12.2 13.3 13.8 14.7 16.3 16.3 15.3 15.7 16.9 17.1 17.9
10 Producers' durable equipment 7.0 6.3 8.4 12.0 14.5 19.8 20.7 18.1 19.9 20.3 19.7 21.6 20.4 23.2 23.4 24.1 20.5 23.0 24.0 23.4 26.1
11 Residential 4.6 2.7 2.3 2.7 11.6 14.9 17.9 16.5 22.6 18.9 18.6 19.3 20.8 24.2 22.3 20.9 21.1 26.5 24.6 24.7 27.1
12 Change in business inventories/1/
13 Exports of goods and services 6.5 5.4 5.8 8.2 17.9 20.5 16.1 16.0 14.0 17.1 16.3 15.3 16.0 17.7 20.6 22.4 19.4 19.5 23.6 24.0 25.3
14 Goods 5.2 4.1 4.4 6.6 15.2 17.5 13.6 13.5 11.6 14.2 13.4 12.5 13.2 14.6 17.2 18.5 15.7 15.6 19.3 19.4 20.2
15 Services 1.2 1.3 1.4 1.6 2.7 2.9 2.6 2.5 2.3 3.0 2.9 2.7 2.7 3.1 3.5 3.9 3.6 3.9 4.3 4.6 5.0
16 Imports of goods and services 9.2 11.6 12.2 12.9 10.7 10.2 11.9 11.4 13.5 14.1 15.3 16.7 15.9 17.8 19.3 20.1 21.0 23.2 23.6 23.4 26.1
17 Goods 6.1 7.0 7.3 7.3 8.4 8.1 9.2 8.9 10.8 10.6 10.8 11.5 10.6 11.8 12.9 13.3 13.6 16.0 15.7 15.7 18.0
18 Services 2.8 3.9 4.2 4.8 2.3 2.1 2.6 2.5 2.7 3.4 4.5 5.3 5.3 6.0 6.4 6.8 7.4 7.3 7.8 7.7 8.1
19 Government consumption expenditures and gross investment 102.4 152.8 171.5 149.8 51.7 43.0 45.9 51.2 51.0 69.4 83.8 89.6 83.3 80.1 80.4 83.9 86.6 91.6 B>291.4 95.8 101.6
20 Federal 83.7 132.7 151.0 129.9 35.2 25.2 27.0 29.4 27.6 45.4 59.4 63.9 55.3 50.2 49.5 51.2 51.2 54.9 53.2 55.3 59.9
21 National defense 77.5 126.3 144.0 123.9 30.0 20.3 20.3 21.1 20.6 39.3 52.5 55.6 47.5 42.8 42.6 44.4 44.2 45.4 44.5 46.3 49.1
22 Defense 5.4 4.2 4.4 3.7 5.2 5.0 6.9 8.6 7.2 6.1 6.9 8.3 7.9 7.4 6.9 6.8 7.0 9.5 8.7 9.0 10.8
23 State and local 15.8 14.4 13.9 14.2 15.7 17.9 19.1 22.0 23.9 24.1 24.5 25.7 27.9 30.0 30.9 32.7 35.5 36.7 38.2 40.6 41.8
24 Residual (line 1 less lines 2, 6, 13, 16, 19)/1/ -3.4 -3.9 -5.2 -2.6 .1 .3 -.5 .1 -.2 -.1 0 0 0 -.5 -.6 -.5 -.1 0 -.5 -.3 -.2

1. Because change in business inventories (CBI) is the difference between two inventory series and can be either positive or negative, chain-type indexes cannot be constructed for it. Without a separate index, chained-dollars for CBI were not constructed using the method described in the note acccompanying this article (though the value is included in gross private domestic investment). Because no separate values for CBI are constructed in this table, the residual can be calculated only at the major component level. In the NIPA's, chained (1992) dollar values for CBI are calculated from inventory stock series that have been derived using the same chain-type formula that is used to calculate other aggregates.