Figure 4. Growth in categories of personal consumption expenditures, 10-year compound average annual rate, 1994−2004 and projected 2014−24 (percent)
Category 1994−2004 2004−14 2014−24

Total personal consumption expenditures

3.8 1.8 2.4

Durable goods

8.1 3.6 3.2

Nondurable goods

3.1 1.4 2.0

Services

3.2 1.6 2.4

Sources: Historical data, U.S. Bureau of Economic Analysis; projected data, U.S. Bureau of Labor Statistics.