 |
Personal Consumption Expenditures| | Billions of chained 1996 dollars | Average annual rate of change (percent) |
|---|
| Category | 1980 | 1990 | 2000 | 2010
(projected) | 1980–90 | 1990–2000 | 2000–2010
(projected) |
|---|
| Gross domestic product | $4,900.9 | $6,707.9 | $9,224.0 | $12,835.6 | 3.2% | 3.2% | 3.4% | | Personal consumption expenditures | 3,193.0 | 4,474.5 | 6,257.8 | 8,786.5 | 3.4 | 3.4 | 3.5 | | Durable goods | 279.8 | 487.1 | 895.5 | 1,455.4 | 5.7 | 6.3 | 5.0 | | New light vehicles | 88.3 | 159.9 | 218.6 | 307.3 | 6.1 | 3.2 | 3.5 | | Other motor vehicles and parts | 54.1 | 86.2 | 129.3 | 176.2 | 4.8 | 4.1 | 3.1 | | Personal computers | .0 | 1.6 | 108.8 | 802.4 | (1) | 52.1 | 22.1 | | Software | .0 | .5 | 17.8 | 36.3 | (1) | 43.7 | 7.4 | | Furniture | 95.5 | 160.4 | 294.6 | 483.2 | 5.3 | 6.3 | 5.1 | | Ophthalmic products | 6.2 | 16.1 | 20.4 | 27.7 | 10.1 | 2.4 | 3.1 | | Other durable goods | 53.5 | 80.8 | 152.9 | 256.1 | 4.2 | 6.6 | 5.3 | | Nondurable goods | 1,065.8 | 1,369.6 | 1,849.9 | 2,635.5 | 2.5 | 3.1 | 3.6 | | Food and beverages | 585.4 | 722.4 | 881.3 | 1,102.8 | 2.1 | 2.0 | 2.3 | | Clothing and shoes | 124.0 | 197.2 | 335.3 | 511.0 | 4.7 | 5.5 | 4.3 | | Gasoline and motor oil | 94.8 | 113.1 | 136.6 | 169.8 | 1.8 | 1.9 | 2.2 | | Fuel oil and coal | 17.7 | 13.1 | 13.8 | 15.5 | –3.0 | .6 | 1.1 | | Tobacco products | 65.6 | 52.0 | 42.8 | 46.5 | –2.3 | –1.9 | .8 | | Drugs and medicines | 54.5 | 80.3 | 139.9 | 316.6 | 4.0 | 5.7 | 8.5 | | Other nondurable goods | 138.9 | 194.3 | 305.7 | 497.5 | 3.4 | 4.6 | 5.0 | | Services | 1,858.4 | 2,616.2 | 3,527.7 | 4,784.5 | 3.5 | 3.0 | 3.1 | | Housing | 541.5 | 696.2 | 850.1 | 1,070.2 | 2.5 | 2.0 | 2.3 | | Household operation | 202.9 | 259.8 | 377.6 | 579.2 | 2.5 | 3.8 | 4.4 | | Electricity | 66.7 | 83.2 | 103.9 | 137.7 | 2.2 | 2.2 | 2.9 | | Natural gas | 31.1 | 29.5 | 32.8 | 30.8 | –0.5 | 1.1 | –0.6 | | Telephone | 40.0 | 62.6 | 141.8 | 296.2 | 4.6 | 8.5 | 7.6 | | Other | 66.2 | 85.9 | 100.8 | 142.5 | 2.6 | 1.6 | 3.5 | | Transportation services | 124.7 | 173.4 | 251.3 | 318.5 | 3.4 | 3.8 | 2.4 | | Motor vehicle leases | — | 5.5 | 37.6 | 49.1 | (2) | 21.2 | 2.7 | | Other | — | 168.1 | 213.6 | 269.2 | (2) | 2.4 | 2.3 | | Medical services | 487.6 | 710.9 | 903.9 | 1,174.9 | 3.8 | 2.4 | 2.7 | | Recreation services | 79.7 | 145.0 | 227.0 | 408.1 | 6.2 | 4.6 | 6.0 | | Personal business services | 242.8 | 363.2 | 554.8 | 759.0 | 4.1 | 4.3 | 3.2 | | Financial services | 94.4 | 154.2 | 222.7 | 292.5 | 5.0 | 3.7 | 2.8 | | Other | 147.4 | 209.0 | 332.4 | 467.4 | 3.6 | 4.7 | 3.5 | | Other services | 170.8 | 267.0 | 362.3 | 488.3 | 4.6 | 3.1 | 3.0 | | Residual3 | –35.6 | –20.5 | –68.7 | –789.4 | | | | | Personal consumption expenditures + GDP | 65.2 | 66.7 | 67.8 | 68.5 | | | |
NOTE: (—) Indicates data not available. 1. Undefined because of denominator with value zero. 2. Not applicable. 3. The residual is the difference between the first line and the sum of the most detailed lines. Source: Historical data, Bureau of Economic Analsysis; projected data, Bureau of Labor Statistics. Monthly Labor Review, Nov. 2002.
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