Government consumption expenditures and gross investment

This table also can be found in the article, "The U.S. economy to 2022: settling into a new normal," published in the December 2013 Monthly Labor Review.

Other available formats: (XLS)

Table 4.8 Government consumption expenditures and gross investment, 1992, 2002, 2012, and projected 2022

Category

Billions of chained 2005 dollars

Annual rate of change

1992

2002

2012

2022

1992—2002

2002—12

2012—22

Government consumption expenditures and gross investment

$1,893.2

$2,279.7

$2,481.1

$2,487.0

1.9

0.9

0.0

 

Federal Government consumption and investment

783.0

779.5

1,024.1

861.6

0.0

2.8

-1.7

 

Defense consumption and investment

549.8

505.3

677.2

560.0

-0.8

3.0

-1.9

Consumption expenditures

479.7

445.8

580.5

484.1

-0.7

2.7

-1.8

Compensation, military

168.7

138.7

157.9

155.9

-1.9

1.3

-0.1

Compensation, civilian

95.4

65.1

81.4

78.0

-3.7

2.3

-0.4

Consumption of fixed capital

71.5

65.1

87.4

80.1

-0.9

3.0

-0.9

Intermediate goods and services purchased

160.0

182.7

259.1

171.8

1.3

3.6

-4.0

Less own-account investment

2.8

2.5

1.9

1.7

-1.0

-2.6

-1.2

Less sales to other sectors

3.6

2.4

3.1

2.1

-3.8

2.5

-4.0

Gross investment

67.9

59.6

97.0

75.1

-1.3

5.0

-2.5

Own-account investment

2.8

2.5

1.9

1.7

-1.0

-2.6

-1.2

Other investment

65.3

57.2

95.1

73.4

-1.3

5.2

-2.6

 

Nondefense consumption and investment

233.3

274.0

347.1

302.1

1.6

2.4

-1.4

Consumption expenditures

205.2

239.7

300.3

259.0

1.6

2.3

-1.5

Compensation

132.3

127.1

146.1

140.9

-0.4

1.4

-0.4

Consumption of fixed capital

15.8

24.0

33.5

35.9

4.3

3.4

0.7

Commodity credit corporation purchases

-0.7

0.1

0.0

0.0

-

-6.7

-

Other intermediate goods and services purchased

73.7

94.4

127.6

90.2

2.5

3.1

-3.4

Less own-account investment

4.3

2.7

2.5

2.8

-4.5

-0.8

1.2

Less sales to other sectors

7.3

3.1

4.5

5.0

-8.3

3.9

1.1

Gross investment

28.6

34.2

46.8

44.0

1.8

3.2

-0.6

Own-account investment

4.3

2.7

2.5

2.8

-4.5

-0.8

1.2

Other investment

24.8

31.5

44.3

41.2

2.4

3.5

-0.7

 

State and local government consumption and investment

1,107.6

1,500.7

1,461.7

1,615.1

3.1

-0.3

1.0

 

Consumption expenditures

918.7

1,211.2

1,218.9

1,312.1

2.8

0.1

0.7

Compensation

745.9

876.7

882.8

954.6

1.6

0.1

0.8

Consumption of fixed capital

69.4

104.1

131.7

158.5

4.1

2.4

1.9

Intermediate goods and services purchased

326.3

535.2

532.2

565.5

5.1

-0.1

0.6

Less own-account investment

13.9

19.1

17.2

19.9

3.2

-1.0

1.5

Less sales to other sectors

203.7

285.3

310.4

345.1

3.4

0.8

1.1

Gross investment

190.0

289.5

244.0

303.8

4.3

-1.7

2.2

Own-account investment

13.9

19.1

17.2

19.9

3.2

-1.0

1.5

Other investment

176.1

270.4

226.8

283.8

4.4

-1.7

2.3

 

Residual1

-16.7

-1.8

-7.0

9.5

-

-

-

Footnotes:
 1 The residual is the difference between the first line and the sum of the most detailed lines.
Note: Dash indicates data not computable or not applicable.


Source: Historical data: Bureau of Economic Analysis; Projected data: Bureau of Labor Statistics.

Back to top

 

Last Modified Date: January 2, 2014