Table 5. Revisions to nominal GDP, 1959-1998
|
Revision |
1959 |
1982 |
1987 |
1992 |
1996 |
1997 |
1998 |
|
Change in nominal GDP (billion dollars) |
0.2* |
17.1 |
50.2 |
74.5 |
151.6 |
189.9 |
248.9 |
|
Definitional |
-0.1 |
19.9 |
44.1 |
78.3 |
123.7 |
140.9 |
169.0 |
|
Statistical |
0.3 |
-2.8 |
6.0 |
-3.8 |
27.9 |
49.0 |
80.0 |
|
Change relative to previous NIPA-defined nominal GDP (percent) |
0.0 |
0.5 |
1.1 |
1.2 |
2.0 |
2.3 |
2.9 |
|
Definitional |
0.0 |
0.6 |
1.0 |
1.3 |
1.6 |
1.7 |
2.0 |
|
Statistical |
0.0 |
-0.1 |
0.1 |
-0.1 |
0.4 |
0.6 |
0.9 |
|
*Total does not equal sum of components due to independent rounding. Source: E.P. Seskin, “Improved Estimates of the National Income and Product Accounts for 1959-98: Results of the Comprehensive Revision,” Survey of Current Business (December 1999), pp. 15-43, web site www.bea.doc.gov/bea/an1.htm. |
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