01.1

01.2

01.3

01.4

02.1

02.2

02.3

02.4

03.1

03.2

03.3

03.4

04.1

2001

2002

2003

Gross Domestic Product

Percent Change

Nominal GDP

3.0

0.9

1.9

2.2

6.5

2.5

4.9

2.7

4.4

5.3

5.5

5.6

5.9

2.6

3.6

4.4

Real GDP

-0.6

-1.6

-0.3

2.7

5.0

1.3

3.5

1.4

2.7

3.6

3.5

3.5

3.6

0.3

2.4

2.8

  Consumption

2.4

1.4

1.5

6.0

3.1

1.8

4.5

2.1

2.7

3.2

3.3

3.3

2.8

2.5

3.2

3.0

  Residential Investment

8.2

-0.5

0.3

-3.5

14.3

2.6

1.0

-1.0

-2.0

-2.5

-0.5

-0.5

0.5

0.3

3.3

-1.0

  Business Investment

-5.4

-14.5

-6.0

-10.9

-5.8

-2.4

1.6

-1.5

2.4

5.2

6.3

7.2

7.2

-5.2

-5.6

2.6

      Equipment

-6.3

-16.7

-9.2

-2.5

-2.7

3.3

6.8

2.5

5.5

7.0

7.5

8.5

8.5

-6.4

-1.9

5.7

      Structures

-3.2

-8.3

2.8

-30.0

-14.2

-17.6

-19.0

-17.5

-10.0

-2.0

1.5

2.0

2.0

-1.7

-16.6

-9.8

  Exports

-6.1

-12.4

-17.2

-9.6

3.5

14.2

12.0

12.0

11.0

9.0

8.5

9.0

9.0

-5.4

0.4

10.7

  Imports

-7.9

-6.8

-11.8

-5.3

8.5

22.2

11.0

10.0

9.0

5.0

6.0

7.5

7.5

-2.9

4.8

8.9

  Government Purchases

5.7

5.6

-1.1

10.5

5.6

1.4

1.7

2.0

3.3

2.9

3.1

3.1

5.0

3.7

4.1

2.6

      Federal

9.5

6.0

1.2

13.5

7.4