Table 8.—Real Government Consumption Expenditures and Gross Investment

	Billions of chained (1996) dollars					Percent change from preceding quarter
	Level	Change from preceding quarter				1999
	1999	1999				I	II	III	IV
	IV	I	II	III	IV
Government consumption expenditures and gross investment/1/	1,570.8	18.7	4.9	17.0	34.3	5.1	1.3	4.5	9.2
Federal	557.9	–.6	2.8	5.5	18.2	–.5	2.1	4.1	14.2
National defense	362.0	–3.5	–2.2	9.1	13.7	–4.0	–2.6	11.2	16.7
Consumption expenditures	305.0	–4.1	–4.6	9.1	11.0	–5.4	–6.2	13.4	15.7
Gross investment	57.3	.7	2.5	–.1	2.8	5.2	20.7	–.8	22.9
Nondefense	195.9	2.8	5.0	–3.6	4.6	6.1	10.9	–7.1	9.9
Consumption expenditures	152.0	1.7	1.3	–2.3	2.2	4.4	3.6	–5.8	5.8
Gross investment	44.5	1.3	3.8	–1.3	2.6	13.9	45.6	–12.0	26.9
State and local	1,012.7	19.3	2.2	11.5	16.1	8.2	.9	4.8	6.6
Consumption expenditures	811.9	6.7	6.9	7.6	7.0	3.4	3.5	3.9	3.5
Gross investment	201.1	12.8	–4.9	3.9	9.4	31.6	–9.7	8.6	21.1

1. Gross government investment consists of general government and government enterprise expenditures for fixed assets; inventory investment is included in government consumption expenditures.

NOTE.—See note to table 1 for an explanation of chained (1996) dollar series. Chained (1996) dollar levels and residuals are shown in NIPA table 3.8. Percent changes in major aggregates are shown in NIPA table S.1. n