Table 1.—Revisions to Real GDP and Its Major Components Over the Period 1992:IV-1997:I

[Billions of chained (1992) dollars, seasonally adjusted annual rates]

1992:IV Previously published Revised Revision in change
1997:I Change from 1992:IV to 1997:I 1997:I Change from 1992:IV to 1997:I Dollar Percent
Dollar Percent (annual rate) Dollar Percent (annual rate)
Gross domestic product 6,327.1 7,094.4 767.3 2.7 7,101.6 774.5 2.8 7.2 0.1
Personal consumption expenditures 4,282.3 4,798.0 515.6 2.7 4,818.1 535.7 2.8 20.1 .1
Durable goods 505.0 646.4 141.4 6.0 637.8 132.8 5.6 -8.6 -.4
Nondurable goods 1,339.8 1,464.9 125.1 2.1 1,457.8 118.0 2.0 -7.1 -.1
Services 2,437.6 2,688.2 250.5 2.3 2,723.9 286.3 2.6 35.7 .3
Gross private domestic investment 812.2 1,141.0 328.9 8.3 1,149.2 337.1 8.5 8.2 .2
Fixed investment 805.8 1,091.9 286.1 7.4 1,079.0 273.2 7.1 -12.9 -.3
Nonresidential 569.1 813.0 243.9 8.8 808.9 239.9 8.6 -4.0 -.2
Structures 165.6 203.0 37.4 4.9 195.9 30.3 4.0 -7.1 -.9
Producers' durable equipment 403.5 611.7 208.1 10.3 616.6 213.1 10.5 4.9 .2
Residential 236.7 281.1 44.4 4.1 273.3 36.6 3.4 -7.8 -.7
Change in business inventories 5.6 48.6 43.0 63.7 58.1 15.1
Net exports of goods and services -40.0 -120.7 -80.7 -126.3 -86.3 -5.6
Exports 649.1 885.3 236.1 7.6 922.7 273.5 8.6 37.4 1.0
Goods 461.0 664.6 203.6 9.0 686.2 225.2 9.8 21.6 .8
Services 188.2 222.4 34.2 4.0 238.9 50.8 5.8 16.6 1.8
Imports 689.1 1,006.0 316.8 9.3 1,048.9 359.8 10.4 43.0 1.1
Goods 561.8 853.4 291.7 10.3 891.3 329.5 11.5 37.8 1.2
Services 127.4 153.2 25.8 4.4 158.4 31.1 5.3 5.2 .9
Government consumption expenditures and gross investment 1,272.5 1,273.8 1.3 0 1,260.5 -12.0 -.2 -13.3 -.2
Federal 534.0 459.2 -74.8 -3.5 452.8 -81.2 -3.8 -6.3 -.3
National defense 376.8 301.2 -75.6 -5.1 303.9 -73.0 -4.9 2.6 .2
Nondefense 157.1 157.2 .1 0 148.5 -8.7 -1.3 -8.8 -1.3
State and local 738.5 815.7 77.2 2.4 807.7 69.2 2.1 -8.0 -.3
Addenda:
Gross domestic purchases 6,367.0 7,209.8 842.8 3.0 7,220.9 853.8 3.0 11.0 0
Final sales of domestic product 6,320.7 7,045.8 725.0 2.6 7,034.1 713.4 2.5 -11.7 -.1
Gross national product 6,334.6 7,070.4 735.8 2.6 7,091.8 757.2 2.7 21.3 .1
Gross domestic income 6,263.0 7,180.4 917.4 3.3 7,159.2 896.2 3.2 -21.2 -.1