Table 2 of the GDP news release issued April 30, 1999 was recalculated on May 13.The recalculated table is shown below. Table 2.--Contributions to Percent Change in Real Gross Domestic Product ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1996 1997 1998 II 95 III 95 IV 95 I 96 II 96 III 96 IV 96 I 97 II 97 III 97 IV 97 I 98 II 98 III 98 IV 98 I 99 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Percent change at annual rate: Gross domestic product.......... 3.4 3.9 3.9 .4 3.3 2.8 3.3 6.1 2.1 4.2 4.2 4.0 4.2 3.0 5.5 1.8 3.7 6.0 4.5 Percentage points at annual rates: Personal consumption expenditures. 2.17 2.31 3.32 2.26 1.77 1.57 2.50 3.21 1.26 1.97 2.91 1.08 4.19 1.88 4.09 4.09 2.78 3.48 4.52 Durable goods................... .52 .56 .82 .47 .66 .39 .48 1.03 -.16 .58 .98 -.13 1.30 .26 1.23 .91 .20 1.90 .96 Nondurable goods................ .48 .49 .77 .31 .15 .41 .45 .96 .24 .57 .71 -.04 1.00 -.08 1.41 1.01 .42 .84 1.75 Services........................ 1.18 1.26 1.73 1.46 .95 .77 1.57 1.20 1.18 .81 1.20 1.26 1.85 1.70 1.40 2.14 2.15 .74 1.82 Gross private domestic investment. 1.26 1.65 1.51 -1.79 .09 1.26 1.33 2.45 2.48 -.12 2.17 2.92 .23 1.34 4.07 -.75 1.22 1.42 1.55 Fixed investment................ 1.21 1.18 1.58 .05 .47 1.00 1.65 1.83 1.29 .72 .83 1.63 1.66 .48 2.82 1.95 .33 1.95 1.49 Nonresidential................ .92 1.08 1.15 .67 .10 .61 1.29 1.09 1.37 .88 .71 1.39 1.67 .16 2.21 1.35 -.08 1.52 .82 Structures.................. .14 .20 .00 .14 -.01 -.11 .17 .20 .24 .64 .11 -.19 .35 .03 -.15 -.07 .01 .17 .00 Producers' durable equipment .78 .88 1.15 .54 .11 .71 1.12 .89 1.12 .24 .59 1.58 1.32 .13 2.36 1.42 -.09 1.35 .83 Residential................... .29 .10 .43 -.62 .37 .40 .36 .73 -.07 -.16 .12 .24 -.02 .32 .60 .60 .41 .43 .67 Change in business inventories.. .04 .47 -.06 -1.84 -.39 .25 -.32 .61 1.17 -.83 1.33 1.27 -1.41 .85 1.22 -2.66 .89 -.53 .06 Net exports of goods and services. -.19 -.27 -1.13 -.26 1.60 .70 -1.10 -.94 -1.33 2.35 -1.24 -.45 -.47 -.30 -2.24 -2.08 -.62 .52 -2.35 Exports......................... .95 1.43 .19 .54 1.81 1.10 .43 .65 .23 3.22 .95 1.76 1.22 .53 -.33 -.92 -.32 2.02 -.89 Goods......................... .76 1.21 .19 .45 1.16 .89 .57 .33 .57 2.06 1.19 1.37 1.02 .67 -.29 -.98 .04 1.76 -1.00 Services...................... .18 .22 -.01 .09 .64 .21 -.14 .33 -.34 1.14 -.24 .38 .20 -.14 -.04 .06 -.36 .26 .11 Imports......................... -1.13 -1.71 -1.32 -.80 -.20 -.40 -1.54 -1.60 -1.58 -.85 -2.21 -2.21 -1.69 -.83 -1.94 -1.18 -.30 -1.50 -1.46 Goods......................... -1.02 -1.51 -1.20 -.87 -.14 -.29 -1.36 -1.52 -1.38 -.88 -1.87 -1.99 -1.38 -.71 -1.75 -1.19 -.32 -1.46 -1.33 Services...................... -.11 -.20 -.12 .07 -.06 -.11 -.18 -.09 -.19 .02 -.34 -.21 -.31 -.12 -.19 .01 .01 -.04 -.14 Government consumption expenditures and gross investment .20 .24 .18 .22 -.15 -.78 .59 1.28 -.30 .00 .37 .38 .25 .02 -.34 .64 .27 .60 .77 Federal......................... -.08 -.11 -.06 -.14 -.19 -1.10 .53 .54 -.33 -.44 -.18 .23 -.08 -.14 -.57 .44 -.09 .44 -.04 National defense.............. -.06 -.15 -.10 .01 -.27 -.63 .32 .37 -.30 -.39 -.46 .38 -.08 -.09 -.84 .38 .17 .06 -.17 Nondefense.................... -.01 .04 .04 -.14 .08 -.48 .20 .17 -.03 -.05 .27 -.15 .00 -.05 .26 .06 -.26 .38 .13 State and local................. .28 .35 .24 .36 .05 .33 .06 .74 .04 .44 .55 .15 .33 .15 .24 .20 .35 .16 .81 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Posted: May 13, 1999 Description of the Scope of the Recalculation: NIPA table 8.2 in the April 1999 SURVEY OF CURRENT BUSINESS contained errors in the computation of the component contributions to real GDP growth for the fourth quarter of 1998.  In addition, the computational errors were present in the estimates for the fourth quarter of 1998 and the first quarter of 1999 that were made available in table 2 of the news release for the "advance" NIPA estimates dated April 30, 1999.   Corrected estimates for the affected series are shown below.  GDP and the other NIPA estimates were not affected. Table 8.2.--Contributions to Percent Change in Real Gross Domestic Product 1998:IV 1999:I Percent change at annual rate: Gross domestic product 1 6.0 4.5 Percentage points at annual rates: Personal consumption expenditures 2 3.48 4.52 Durable goods 3 1.90 0.96 Nondurable goods 4 0.84 1.75 Services 5 0.74 1.82 Gross private domestic investment 6 1.42 1.55 Fixed investment 7 1.95 1.49 Nonresidential 8 1.52 0.82 Structures 9 0.17 0.00 Producers' durable equipment 10 1.35 0.83 Residential 11 0.43 0.67 Change in business inventories 12 -0.53 0.06 Net exports of goods and services 13 0.52 -2.35 Exports 14 2.02 -0.89 Goods 15 1.76 -1.00 Services 16 0.26 0.11 Imports 17 -1.50 -1.46 Goods 18 -1.46 -1.33 Services 19 -0.04 -0.14 Government consumption expenditures and gross investment 20 0.60 0.77 Federal 21 0.44 -0.04 National defense 22 0.06 -0.17 Nondefense 23 0.38 0.13 State and local 24 0.16 0.81 Posted: May 13, 1999