|Percent change from preceding quarter||Preliminary estimate minus advance estimate|
|Advance estimate||Preliminary estimate||Change in real GDP||Contribution to percent change in real GDP|
|Percentage points||Billions of chained (1996) dollars||Percentage points|
|Gross domestic product||5.8||6.9||1.1||24.0||....|
|Less: Exports of goods and services||6.9||8.7||1.8||4.6||.19|
|Plus: Imports of goods and services||10.6||10.0||.07|
|Equals: Gross domestic purchases||6.3||7.2||.9||18.1||....|
|Less: Change in private inventories||....||....||....||3.3||.15|
|Equals: Final sales to domestic purchasers||5.2||5.8||.6||14.6||....|
|Personal consumption expenditures||5.3||5.9||.6||9.1||.44|
|Equipment and software||4.9||4.7|
|Government consumption expenditures and gross investment||8.4||9.2||.8||3.1||.16|
|State and local||4.4||6.6||2.2||5.2||.24|
|Final sales of domestic product||4.6||5.6||1.0||20.4||....|
|Gross domestic purchases price index||2.3||2.3||0||....||....|
|GDP price index||2.0||2.0||0||....||....|
NOTE.The preliminary estimates for the fourth quarter of 1999 incorporate the following revised or additional major source data that were not available when the advance estimates were prepared.
Personal consumption expenditures: Retail sales for November and December (revised), consumers' share of new-car purchases for December, average unit value for domestic new autos for December (revised), and consumers' share of new-truck purchases for December.
Nonresidential fixed investment: Construction put-in-place for October and November (revised) and December, manufacturers' shipments of machinery and equipment for November (revised) and December, and exports and imports of machinery and equipment for November (revised) and December.
Residential fixed investment: Construction put-in-place for October and November (revised) and December.
Change in private inventories: Manufacturing, retail trade, and wholesale trade inventories for November (revised) and December and unit inventory data for autos for December.
Exports and imports of goods and services: Exports and imports of goods for November (revised) and December.
Government consumption expenditures and gross investment: Monthly Treasury Statement detailed data for December, Department of Defense detailed financial reports for the fourth quarter, and State and local government construction put-in-place for October and November (revised) and December.
Wages and salaries: Employment, average hourly earnings, and average weekly hours for November and December (revised). GDP prices: Detailed merchandise export and import price indexes for October through December (revised), unit-value index for petroleum imports for November (revised) and December, housing prices for the fourth quarter, and consumer price indexes (revised to incorporate new seasonal adjustment factors).