Table 7.—Dispersion in Annual Changes in GDP and Its Components, 1983-95

Vintage of estimates	Dispersion (percentage points)		Relative dispersion (percent)
	Current-dollar estimates	Real estimates	Current-dollar estimates	Real estimates
Gross domestic product:
Final	0.40	0.42	6	13
First annual	0.39	0.40	6	13
Second annual	0.40	0.41	6	13
Third annual	0.27	0.26	4	8
Personal consumption expenditures:
Final	0.74	0.60	11	19
First annual	0.56	0.39	8	12
Second annual	0.44	0.29	6	9
Third annual	0.34	0.20	5	6
Fixed nonresidential investment:
Final	2.01	2.56	33	46
First annual	1.94	2.60	32	47
Second annual	1.35	1.81	22	33
Third annual	0.99	1.17	16	21
Fixed residential investment:
Final	1.58	1.67	14	16
First annual	0.87	1.26	7	12
Second annual	0.50	0.53	4	5
Third annual	0.39	0.35	3	3
Change in business inventories/1/
Net exports of goods and services:
Exports:
Final	1.02	1.72	11	22
First annual	0.85	1.52	9	19
Second annual	0.74	1.26	8	16
Third annual	0.68	1.10	8	14
Imports:
Final	0.65	1.52	7	18
First annual	0.51	1.28	6	15
Second annual	0.52	1.04	6	13
Third annual	0.40	0.88	4	11
Federal government consumption expenditures and gross investment:/2/
Final	1.36	1.75	31	55
First annual	1.39	1.88	31	59
Second annual	1.49	1.78	33	56
Third annual	1.46	2.03	33	64
State and local government consumption expenditures and gross investment:/2/
Final	0.65	0.95	10	3
First annual	0.42	0.75	6	2
Second annual	0.62	0.74	9	2
Third annual	0.38	0.42	6	1

1. Negative values in some years make the calculation of percent changes impossible.

2. Prior to the fourth quarter of 1995, this component is defined as "government purchases" and thus excludes consumption of capital.

NOTE.—Final estimates were used for missing first annual estimates for 1984, 1990, and 1994. First annual estimates were used for missing second annual estimates for 1983, 1989, and 1993. Second annual estimates were used for missing third annual estimates for 1988 and 1992.