Table 19.—Revisions to Gross Saving and Investment

[Billions of dollars]

1959 1982 1987 1992 1996 1997 1998
Gross saving–2.721.430.8103.174.8115.0178.0
Definitional019.339.676.5120.0134.3155.7
Software020.942.279.2123.0137.4158.9
Other0–1.6–2.6–2.7–3.0–3.2–3.2
Statistical–2.72.1–8.826.6–45.2–19.322.3
Gross private saving1.972.0112.3193.9175.9220.4280.8
Personal saving1.351.383.9149.6113.6150.1202.0
Undistributed corporate profits with inventory valuation and capital consumption adjustments1.08.4–4.0–13.9–29.9–30.8–48.2
Corporate consumption of fixed capital–.511.029.352.791.6102.1118.6
Noncorporate consumption of fixed capital.21.33.25.36.27.08.8
Wage accruals less disbursements0000–5.7–7.8–.5
Gross government saving–4.6–50.6–81.5–90.7–101.1–105.4–102.8
Federal.8–.3–14.4–7.2–11.9–11.8–8.2
Consumption of fixed capital.2–2.44.69.514.716.017.7
Current surplus or deficit (–), national income and product accounts.62.1–19.0–16.6–26.5–27.7–25.9
State and local–5.5–50.3–67.1–83.6–89.2–93.7–94.6
Consumption of fixed capital.33.34.47.611.812.913.8
Current surplus or deficit (–), national income and product accounts–5.8–53.6–71.6–91.2–101.2–106.6–108.5
Gross investment–.226.449.6102.0139.8167.6206.9
Definitional020.942.079.1122.9137.3158.8
Software020.942.279.2123.0137.4158.9
Other00–.2–.1–.1–.1–.2
Statistical–.25.57.622.916.930.348.2
Gross private domestic investment–.315.034.376.2110.8127.7164.1
Gross government investment05.410.814.020.422.731.7
Net foreign investment05.94.411.88.517.211.1
Statistical discrepancy2.45.018.7–1.165.052.628.9
Addendum:
Gross saving as a percentage of gross national product–.6.5.41.4.6.91.5