Table 33.

Gross domestic product, state and local expenditures, national income, personal income, disposable personal income, median family income, and population: Selected years, 1929 through 2010

Year	Gross domestic product (in billions)		State and local direct general expenditures (in millions)1		National income (in billions)	Personal income (in billions)	Disposable personal income (in billions of chained 2005 dollars)2	Disposable personal income per capita		Median family income	Population (in thousands)
	Current dollars	Chained 2005 dol- lars2	All direct general expendi- tures	Education expendi-tures				Current dollars	Chained 2005 dollars2		Midyear data3	Resident as of July 14
1	2	3	4	5	6	7	8	9	10	11	12	13
1929	$103.6	$976.1	—	—	$93.9	$84.9	$791.6	$683.0	$6,495.0	—	121,878	121,767
1939	92.2	1,071.9	—	—	82.0	72.9	861.0	545.0	6,571.0	—	131,028	130,880
1940	101.4	1,165.9	$9,229	$2,638	90.9	78.4	918.2	581.0	6,950.0	—	132,122	132,122
1950	293.7	2,004.2	22,787	7,177	263.9	228.9	1,400.9	1,384.0	9,236.0	$3,319	151,684	152,271
1960	526.4	2,828.5	51,876	18,719	473.9	411.3	1,963.1	2,020.0	10,860.0	5,620	180,760	180,671
1970	1,038.3	4,266.3	131,332	52,718	929.5	838.6	3,107.3	3,586.0	15,151.0	9,867	205,089	205,052
1971	1,126.8	4,409.5	150,674	59,413	1,005.6	903.1	3,247.7	3,859.0	15,637.0	10,285	207,692	207,661
1972	1,237.9	4,643.8	168,550	65,814	1,110.3	992.6	3,405.2	4,140.0	16,221.0	11,116	209,924	209,896
1973	1,382.3	4,912.8	181,357	69,714	1,246.1	1,110.5	3,636.6	4,615.0	17,159.0	12,051	211,939	211,909
1974	1,499.5	4,885.7	198,959	75,833	1,341.5	1,222.7	3,608.6	5,010.0	16,871.0	12,902	213,898	213,854
1975	1,637.7	4,875.4	230,721	87,858	1,444.0	1,334.9	3,689.5	5,497.0	17,083.0	13,719	215,981	215,973
1976	1,824.6	5,136.9	256,731	97,216	1,609.8	1,474.7	3,836.6	5,972.0	17,592.0	14,958	218,086	218,035
1977	2,030.1	5,373.1	274,215	102,780	1,797.4	1,632.5	3,969.0	6,514.0	18,017.0	16,009	220,289	220,239
1978	2,293.8	5,672.8	296,984	110,758	2,027.9	1,836.7	4,154.6	7,220.0	18,662.0	17,640	222,629	222,585
1979	2,562.2	5,850.1	327,517	119,448	2,248.3	2,059.5	4,251.9	7,956.0	18,888.0	19,587	225,106	225,055
1980	2,788.1	5,834.0	369,086	133,211	2,433.0	2,301.5	4,293.7	8,794.0	18,855.0	21,023	227,726	227,225
1981	3,126.8	5,982.1	407,449	145,784	2,729.8	2,582.3	4,407.9	9,726.0	19,164.0	22,388	230,008	229,466
1982	3,253.2	5,865.9	436,733	154,282	2,851.4	2,766.8	4,504.4	10,390.0	19,397.0	23,433	232,218	231,664
1983	3,534.6	6,130.9	466,516	163,876	3,070.9	2,952.2	4,653.5	11,095.0	19,859.0	24,674	234,333	233,792
1984	3,930.9	6,571.5	505,008	176,108	3,461.3	3,268.9	4,986.9	12,232.0	21,096.0	26,433	236,394	235,825
1985	4,217.5	6,843.4	553,899	192,686	3,696.3	3,496.7	5,142.4	12,911.0	21,561.0	27,735	238,506	237,924
1986	4,460.1	7,080.5	605,623	210,819	3,871.5	3,696.0	5,312.6	13,540.0	22,073.0	29,458	240,683	240,133
1987	4,736.4	7,307.0	657,134	226,619	4,150.0	3,924.4	5,399.9	14,146.0	22,236.0	30,970	242,843	242,289
1988	5,100.4	7,607.4	704,921	242,683	4,522.3	4,231.2	5,633.0	15,206.0	22,986.0	32,191	245,061	244,499
1989	5,482.1	7,879.2	762,360	263,898	4,800.5	4,557.5	5,782.5	16,134.0	23,374.0	34,213	247,387	246,819
1990	5,800.5	8,027.1	834,818	288,148	5,059.5	4,846.7	5,893.6	17,004.0	23,557.0	35,353	250,181	249,623
1991	5,992.1	8,008.3	908,108	309,302	5,217.9	5,031.5	5,943.2	17,532.0	23,442.0	35,939	253,530	252,981
1992	6,342.3	8,280.0	981,253	324,652	5,517.1	5,347.3	6,152.5	18,436.0	23,947.0	36,573	256,922	256,514
1993	6,667.4	8,516.2	1,033,167	342,287	5,784.7	5,568.1	6,255.3	18,909.0	24,033.0	36,959	260,282	259,919
1994	7,085.2	8,863.1	1,077,665	353,287	6,181.3	5,874.8	6,456.0	19,678.0	24,505.0	38,782	263,455	263,126
1995	7,414.7	9,086.0	1,146,188	378,273	6,522.3	6,200.9	6,648.6	20,470.0	24,939.0	40,611	266,588	266,278
1996	7,838.5	9,425.8	1,189,356	398,859	6,931.7	6,591.6	6,867.8	21,355.0	25,463.0	42,300	269,714	269,394
1997	8,332.4	9,845.9	1,247,436	419,053	7,406.0	7,000.7	7,110.4	22,255.0	26,049.0	44,568	272,958	272,647
1998	8,793.5	10,274.7	1,314,496	450,365	7,875.6	7,525.4	7,535.4	23,534.0	27,287.0	46,737	276,154	275,854
1999	9,353.5	10,770.7	1,398,533	483,259	8,358.0	7,910.8	7,763.1	24,356.0	27,792.0	48,950	279,328	279,040
2000	9,951.5	11,216.4	1,502,768	521,612	8,938.9	8,559.4	8,157.8	25,944.0	28,886.0	50,732	282,418	282,162
2001	10,286.2	11,337.5	1,621,757	563,572	9,185.2	8,883.3	8,356.2	26,805.0	29,286.0	51,407	285,335	284,969
2002	10,642.3	11,543.1	1,732,478	594,694	9,408.5	9,060.1	8,633.2	27,799.0	29,962.0	51,680	288,133	287,625
2003	11,142.2	11,836.4	1,817,513	621,335	9,840.2	9,378.1	8,850.5	28,805.0	30,430.0	52,680	290,845	290,108
2004	11,853.3	12,246.9	1,903,915	655,182	10,534.0	9,937.2	9,152.9	30,287.0	31,185.0	54,061	293,502	292,805
2005	12,623.0	12,623.0	2,007,490	688,314	11,273.8	10,485.9	9,277.3	31,318.0	31,318.0	56,194	296,229	295,517
2006	13,377.2	12,958.5	2,117,161	728,917	12,031.2	11,268.1	9,652.8	33,157.0	32,278.0	58,407	299,052	298,380
2007	14,028.7	13,206.4	2,255,229	773,676	12,396.4	11,912.3	9,880.3	34,512.0	32,713.0	61,355	302,025	301,231
2008	14,291.5	13,161.9	2,399,788	825,486	12,609.1	12,460.2	10,119.5	36,166.0	33,197.0	61,521	304,831	304,094
2009	13,939.0	12,703.1	2,475,076	850,674	12,147.6	11,930.2	9,882.7	35,088.0	32,141.0	60,088	307,483	306,772
2010	14,526.5	13,088.0	—	—	12,840.1	12,373.5	10,061.6	36,051.0	32,446.0	60,395	310,106	309,350

—Not available.

1 Data for years prior to 1963 include expenditures for government fiscal years ending during that particular calendar year. Data for 1963 and later years are the aggregations of expenditures for government fiscal years that ended on June 30 of the stated year. General expenditures exclude expenditures of publicly owned utilities and liquor stores, and of insurance-trust activities. Intergovernmental payments between state and local governments are excluded. Payments to the federal government are included.

2 Constant dollars based on a chain-price index, which uses the geometric mean of output weights of adjacent time periods compiled over a time series. Chain-price indexes reflect changes in prices, while implicit price deflators reflect both changes in prices and in the composition of output.

3 Population of the United States including Armed Forces overseas. Includes Alaska and Hawaii beginning in 1960.

4 Resident population of the United States. Includes Alaska and Hawaii beginning in 1958. Data for 1990 and later years include revisions based on the 2000 census. Excludes overseas armed forces personnel.

NOTE: Gross domestic product (GDP) data are adjusted by the GDP chained weight price deflator. Personal income data are adjusted by the personal consumption deflator. Some data have been revised from previously published figures.

SOURCE: U.S. Department of Commerce, Census Bureau, Current Population Reports, Income, Poverty, and Health Insurance in the United States, retrieved December 6, 2011, from http://www.census.gov/hhes/www/income/data/historical/families/; Population Estimates, retrieved December 6, 2011, from http://www.census.gov/popest/estimates.html; and State and Local Government Finances, retrieved December 6, 2011, from http://www.census.gov/govs/www/estimate.html. U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Product Accounts Tables, retrieved December 6, 2011, from http://www.bea.gov/iTable/index_nipa.cfm. (This table was prepared December 2011.)