Personal consumption expenditures

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Table 4.4 Personal consumption expenditures

Category

Billions of chained 2012 dollars

Annual rate of change

1998

2008

2018

2028

1998–08

2008–18

2018–28

Personal consumption expenditures

$7,813.8

$10,592.8

$12,890.6

$15,727.9

3.1

2.0

2.0

 

Durable goods

592.4

1,036.4

1,667.4

2,402.0

5.8

4.9

3.7

Motor vehicles and parts

334.4

373.0

518.3

610.6

1.1

3.3

1.7

Other durable goods

290.9

665.0

1,156.5

1,853.0

8.6

5.7

4.8

 

Nondurable goods

1,920.1

2,463.9

2,901.0

3,298.9

2.5

1.6

1.3

Food

685.8

831.0

968.4

1,068.5

1.9

1.5

1.0

Gasoline

453.7

437.5

444.0

424.8

-0.4

0.1

-0.4

Other nondurable goods

836.7

1,197.1

1,475.6

1,776.0

3.6

2.1

1.9

 

Services

5,418.9

7,093.0

8,359.3

10,162.7

2.7

1.7

2.0

Housing services

1,554.8

1,921.2

2,160.2

2,512.7

2.1

1.2

1.5

Imputed rent

950.6

1,243.5

1,354.1

1,555.1

2.7

0.9

1.4

Natural gas

47.0

45.9

50.0

51.5

-0.2

0.9

0.3

Electricity

144.1

163.5

170.9

186.2

1.3

0.4

0.9

Other housing services

411.0

467.7

585.3

717.5

1.3

2.3

2.1

Medical services

1,233.1

1,697.9

2,203.2

2,908.3

3.3

2.6

2.8

Other services

2,631.4

3,475.3

4,003.0

4,769.0

2.8

1.4

1.8

 

Residual1

-205.0

-4.5

-38.7

-192.6

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.

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Last Modified Date: September 4, 2019