Table 2.—Component Contributions to Real GDP Growth and to the Rate of Change of Real GDP

Line Percent of total growth
1960:IV-1969:III 1970:IV-1973:IV 1975:I-1980:I 1980:II-1981:I 1982:III-1990:II
1Gross domestic product100.0 100.0100.0100.0100.0
2Personal consumption expenditures61.7 55.757.239.563.7
3Durable goods13.819.011.120.316.4
4Nondurable goods20.312.918.26.016.5
5Services 27.823.927.513.330.7
6Gross private domestic investment25.0 42.336.157.321.9
7Fixed investment19.425.630.425.918.5
8Nonresidential 16.018.823.614.711.8
9Structures 3.92.87.64.4.3
10Producers' durable equipment12.316.315.810.411.5
11Residential 3.57.27.411.36.8
12Change in business inventories
13Exports of goods and services6.4 11.916.54.020.8
14Less: Imports of goods and services9.36.316.64.823.9
15Government purchases16.4-3.37.03.717.7
16Federal 6.7-8.63.11.87.0
17State and local9.65.53.91.910.5
Line Contribution to growth rate (percent)
1960:IV-1969:III 1970:IV-1973:IV 1975:I-1980:I 1980:II-1981:I 1982:III-1990:II
Annual growth rate:
1Gross domestic product5.05.44.35.43.7
Contribution to growth rate:
2Personal consumption expenditures3.13.02.52.12.3
3Durable goods.71.0.51.1.6
4Nondurable goods1.0.7.8.3.6
5Services 1.41.31.2.71.1
6Gross private domestic investment1.2 2.31.53.1.8
7Fixed investment1.01.41.31.4.7
8Nonresidential .81.01.0.8.4
9Structures .2.2.3.20
10Producers' durable equipment.6.9.7.6.4
11Residential .2.4.3.6.3
12Change in business inventories
13Exports of goods and services.3.6.7.2.8
14Less: Imports of goods and services.5 .3.7.3.9
15Government purchases.8-.2.3.2.6
16Federal .3-.5.1.1.3
17State and local.5.3.2.1.4

NOTE.—The method used to estimate the component contributions is described in the text and in footnote 8 on page 37.