Table 106.60.

Gross domestic product, state and local expenditures, national income, personal income, disposable personal income, median family income, and population: Selected years, 1929 through 2016

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 2009 dollars)2	Disposable personal income per capita		Median family income		Population (in thousands)
	Current dollars	Chained 2009 dol- lars2	All direct general expendi- tures	Education expendi-tures				Current dollars	Chained 2009 dol- lars2	Current dollars	Constant 2015 dol-lars3	Midyear data4	Resident as of July 15
1	2	3	4	5	6	7	8	9	10	11	12	13	14
1929	$104.6	$1,056.6	—	—	$94.2	$85.3	$843.0	$685	$6,917	—	—	121,878	121,767
1939	93.5	1,163.6	—	—	82.5	73.6	923.2	551	7,046	—	—	131,028	130,880
1940	102.9	1,266.1	$9,229	$2,638	91.6	79.4	986.2	588	7,464	—	—	132,122	132,122
1950	300.2	2,184.0	22,787	7,177	267.0	233.9	1,521.9	1,417	10,033	$3,319	—	151,684	152,271
1960	543.3	3,108.7	51,876	18,719	479.9	422.5	2,146.9	2,083	11,877	5,620	$39,374	180,760	180,671
1970	1,075.9	4,722.0	131,332	52,718	940.1	864.6	3,413.2	3,713	16,643	9,867	53,767	205,089	205,052
1971	1,167.8	4,877.6	150,674	59,413	1,017.0	932.1	3,570.4	3,998	17,191	10,285	53,692	207,692	207,661
1972	1,282.4	5,134.3	168,550	65,814	1,123.0	1,023.6	3,741.2	4,287	17,821	11,116	56,340	209,924	209,896
1973	1,428.5	5,424.1	181,357	69,714	1,257.0	1,138.5	3,968.6	4,747	18,725	12,051	57,482	211,939	211,909
1974	1,548.8	5,396.0	198,959	75,833	1,350.8	1,249.3	3,923.6	5,135	18,343	12,902	55,946	213,898	213,854
1975	1,688.9	5,385.4	230,721	87,858	1,451.1	1,366.9	4,020.0	5,645	18,613	13,719	54,971	215,981	215,973
1976	1,877.6	5,675.4	256,731	97,216	1,614.8	1,498.5	4,144.0	6,079	19,002	14,958	56,674	218,086	218,035
1977	2,086.0	5,937.0	274,215	102,780	1,798.7	1,654.6	4,274.8	6,613	19,406	16,009	57,056	220,289	220,239
1978	2,356.6	6,267.2	296,984	110,758	2,029.9	1,859.7	4,470.5	7,322	20,080	17,640	58,834	222,629	222,585
1979	2,632.1	6,466.2	327,517	119,448	2,248.2	2,078.2	4,557.8	8,037	20,248	19,587	59,669	225,106	225,055
1980	2,862.5	6,450.4	369,086	133,211	2,426.8	2,317.5	4,590.5	8,861	20,158	21,023	57,594	227,726	227,225
1981	3,211.0	6,617.7	407,449	145,784	2,722.1	2,596.5	4,705.6	9,785	20,458	22,388	56,002	230,008	229,466
1982	3,345.0	6,491.3	436,733	154,282	2,840.4	2,779.5	4,803.3	10,442	20,685	23,433	55,280	232,218	231,664
1983	3,638.1	6,792.0	466,516	163,876	3,060.5	2,970.3	4,971.0	11,170	21,214	24,580	55,649	234,333	233,792
1984	4,040.7	7,285.0	505,008	176,108	3,444.0	3,281.8	5,314.0	12,284	22,480	26,433	57,453	236,394	235,825
1985	4,346.7	7,593.8	553,899	192,686	3,684.2	3,516.3	5,476.2	12,991	22,960	27,735	58,282	238,506	237,924
1986	4,590.2	7,860.5	605,623	210,819	3,848.2	3,725.7	5,687.8	13,661	23,632	29,458	60,802	240,683	240,133
1987	4,870.2	8,132.6	657,134	226,619	4,119.2	3,955.9	5,811.0	14,274	23,929	30,970	61,833	242,843	242,289
1988	5,252.6	8,474.5	704,921	242,683	4,493.4	4,276.3	6,083.9	15,386	24,826	32,191	61,996	245,061	244,499
1989	5,657.7	8,786.4	762,360	263,898	4,782.2	4,619.9	6,268.7	16,380	25,340	34,213	63,165	247,387	246,819
1990	5,979.6	8,955.0	834,818	288,148	5,036.1	4,906.4	6,393.5	17,235	25,555	35,353	62,203	250,181	249,623
1991	6,174.0	8,948.4	908,108	309,302	5,186.1	5,073.4	6,438.4	17,688	25,395	35,939	61,014	253,530	252,981
1992	6,539.3	9,266.6	981,253	324,652	5,499.7	5,413.0	6,714.2	18,684	26,133	36,573	60,555	256,922	256,514
1993	6,878.7	9,521.0	1,033,167	342,287	5,754.8	5,649.0	6,823.6	19,211	26,216	36,959	59,718	260,282	259,919
1994	7,308.8	9,905.4	1,077,665	353,287	6,140.2	5,937.3	7,010.7	19,906	26,611	38,782	61,381	263,455	263,126
1995	7,664.1	10,174.8	1,146,188	378,273	6,479.5	6,281.0	7,245.8	20,753	27,180	40,611	62,764	266,588	266,278
1996	8,100.2	10,561.0	1,189,356	398,859	6,899.4	6,667.0	7,476.1	21,615	27,719	42,300	63,651	269,714	269,394
1997	8,608.5	11,034.9	1,247,436	419,053	7,380.4	7,080.7	7,751.3	22,527	28,397	44,568	65,645	272,958	272,647
1998	9,089.2	11,525.9	1,314,496	450,365	7,857.3	7,593.7	8,208.1	23,759	29,723	46,737	67,921	276,154	275,854
1999	9,660.6	12,065.9	1,398,533	483,259	8,324.4	7,988.4	8,477.7	24,617	30,350	48,831	69,485	279,328	279,040
2000	10,284.8	12,559.7	1,502,768	521,612	8,907.0	8,637.1	8,902.2	26,206	31,524	50,732	69,822	282,398	282,162
2001	10,621.8	12,682.2	1,621,757	563,572	9,184.6	8,991.6	9,148.7	27,179	32,075	51,407	68,819	285,225	284,969
2002	10,977.5	12,908.8	1,732,478	594,694	9,436.8	9,153.9	9,431.6	28,127	32,754	51,680	68,085	287,955	287,625
2003	11,510.7	13,271.1	1,817,513	621,335	9,864.2	9,491.1	9,690.1	29,198	33,342	52,680	67,887	290,626	290,108
2004	12,274.9	13,773.5	1,903,915	655,182	10,540.9	10,052.9	10,035.7	30,697	34,221	54,061	67,834	293,262	292,805
2005	13,093.7	14,234.2	2,007,490	688,314	11,239.8	10,614.0	10,189.4	31,760	34,424	56,194	68,201	295,993	295,517
2006	13,855.9	14,613.8	2,117,161	728,917	12,004.8	11,393.9	10,595.4	33,589	35,458	58,407	68,661	298,818	298,380
2007	14,477.6	14,873.7	2,259,364	774,170	12,321.4	12,000.2	10,820.6	34,826	35,866	61,355	70,137	301,696	301,231
2008	14,718.6	14,830.4	2,401,417	826,061	12,427.8	12,502.2	10,987.3	36,101	36,078	61,521	67,726	304,543	304,094
2009	14,418.7	14,418.7	2,495,901	851,689	12,126.1	12,094.8	10,942.5	35,616	35,616	60,088	66,379	307,240	306,772
2010	14,964.4	14,783.8	2,537,892	860,118	12,739.5	12,477.1	11,055.1	36,274	35,685	60,236	65,483	309,801	309,347
2011	15,517.9	15,020.6	2,579,509	862,271	13,352.3	13,254.5	11,331.2	37,811	36,305	60,974	64,259	312,114	311,719
2012	16,155.3	15,354.6	2,589,268	869,475	14,061.9	13,915.1	11,688.3	39,455	37,179	62,241	64,252	314,377	314,103
2013	16,691.5	15,612.2	2,621,156	876,252	14,444.8	14,073.7	11,527.6	39,157	36,414	65,471	66,619	316,569	316,427
2014	17,393.1	15,982.3	2,706,935	904,310	15,153.9	14,809.7	11,931.0	40,838	37,415	66,632	66,709	318,887	318,907
2015	18,036.6	16,397.2	—	—	15,665.3	15,458.5	12,343.3	42,095	38,432	70,697	70,697	321,173	321,419
2016	18,569.1	16,662.1	—	—	—	15,986.7	12,667.3	43,371	39,170	—	—	323,391	323,890

—Not available.

1 Data for years prior to 1970 include expenditures for government fiscal years ending during that particular calendar year. Data for 1970 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. More information is available at https://www.bea.gov/scb/account_articles/national/0597od/maintext.htm.

3 Data adjusted by the CPU-RS, which is a price index of inflation that incorporates most of the improvements in methodology made to the current CPI-U since 1978 into a single, uniform series. See Census Bureau, Money Income in the United States: 1999 (www.census.gov/prod/2000pubs/p60-209.pdf).

4 Population of the United States including armed forces overseas. Includes Alaska and Hawaii beginning in 1960.

5 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 Survey, Income, retrieved July 6, 2017, from https://census.gov/data/tables/time-series/demo/income-poverty/historical-income-families.html; Population Estimates, retrieved June 2, 2015, from https://www.census.gov/data/datasets/time-series/demo/popest/intercensal-2000-2010-national.html and August 2, 2016, from https://www.census.gov/data/datasets/2016/demo/popest/nation-total.html; and State and Local Government Finances, retrieved July 6, 2017, from http://www.census.gov/govs/local/. U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Product Accounts Tables, retrieved July 6, 2017, from http://www.bea.gov/iTable/index_nipa.cfm. (This table was prepared July 2017.)