Government consumption expenditures and gross investment

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Table 4.8 Government consumption expenditures and gross investment, 1996, 2006, 2016, and projected 2026

Category

Billions of chained 2009 dollars

Annual rate of change

1996

2006

2016

2026

1996–06

2006–16

2016–26

Government consumption expenditures and gross investment

$2,279.2

$2,869.3

$2,900.2

$3,141.4

2.3

0.1

0.8

 

Federal Government consumption and investment

812.9

1,060.9

1,114.6

1,121.9

2.7

0.5

0.1

 

Defense consumption and investment

534.5

678.8

667.0

656.7

2.4

-0.2

-0.2

Consumption expenditures

440.5

531.0

531.6

500.6

1.9

0.0

-0.6

Compensation, military

132.0

136.2

135.4

139.3

0.3

-0.1

0.3

Compensation, civilian

81.3

71.6

79.7

81.7

-1.3

1.1

0.2

Consumption of fixed capital

123.1

127.9

146.3

139.7

0.4

1.4

-0.5

Intermediate goods and services purchased

124.8

218.0

195.2

165.8

5.7

-1.1

-1.6

Less own-account investment

12.6

17.9

21.6

21.9

3.6

1.9

0.2

Less sales to other sectors

4.1

4.8

3.1

2.9

1.7

-4.2

-0.9

Gross Investment

96.2

147.9

135.1

156.7

4.4

-0.9

1.5

Own-account investment

12.6

17.9

21.6

21.9

3.6

1.9

0.2

Other investment

83.5

130.1

113.5

134.9

4.5

-1.4

1.7

 

Nondefense consumption and investment

279.0

382.1

447.0

464.3

3.2

1.6

0.4

Consumption expenditures

204.0

282.5

333.5

345.9

3.3

1.7

0.4

Compensation

124.4

133.4

152.0

155.5

0.7

1.3

0.2

Consumption of fixed capital

57.3

76.3

96.2

103.7

2.9

2.4

0.8

Commodity credit corporation purchases

-0.3

-0.1

-0.1

0.0

-17.5

4.1

Other intermediate goods and services purchased

46.9

93.0

106.4

109.1

7.1

1.4

0.3

Less own-account investment

14.3

15.2

15.0

15.1

0.6

-0.1

0.0

Less sales to other sectors

6.3

4.6

5.9

6.7

-3.1

2.4

1.4

Gross investment

74.7

99.6

113.4

118.5

2.9

1.3

0.4

Own-account investment

14.3

15.2

15.0

15.1

0.6

-0.1

0.0

Other investment

60.7

84.4

98.4

103.5

3.4

1.5

0.5

 

State and local government consumption and investment

1,466.2

1,808.8

1,783.6

2,013.0

2.1

-0.1

1.2

Consumption expenditures

1,202.0

1,450.8

1,478.3

1,657.5

1.9

0.2

1.2

Compensation

990.1

1,114.7

1,121.0

1,214.9

1.2

0.1

0.8

Consumption of fixed capital

103.1

149.3

177.1

205.7

3.8

1.7

1.5

Intermediate goods and services purchased

421.4

586.7

616.0

709.8

3.4

0.5

1.4

Less own-account investment

23.4

34.3

33.8

36.4

3.9

-0.1

0.8

Less sales to other sectors

284.8

366.2

401.2

436.2

2.5

0.9

0.8

Gross investment

264.7

358.2

304.4

354.5

3.1

-1.6

1.5

Own-account investment

23.4

34.3

33.8

36.4

3.9

-0.1

0.8

Other investment

241.5

323.9

270.6

318.0

3.0

-1.8

1.6

 

Residual1

42.1

75.7

98.7

109.4

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: Employment Projections program, U.S. Bureau of Labor Statistics.

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Last Modified Date: October 24, 2017