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May 2001 revisions to GDP, its components, and GDP growth due to the capitalization of software, 1990-2000

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	1991	1992	1993	1994	1995	1996	1997	1998	1999	2000
	Millions of current dollars (except where noted)
GDP, revised	686,971	702,393	729,580	772,827	812,460	839,064	885,022	915,865	975,263	1,056,010
Revisions to GDP due to software	3,732	3,849	4,620	5,321	5,372	5,994	6,841	7,480	8,725	10,229
as a % of GDP, revised	0.5%	0.5%	0.6%	0.7%	0.7%	0.7%	0.8%	0.8%	0.9%	1.0%
Expenditure-side components of GDP, revised¹
Government current expenditure on goods and services	162,431	168,925	171,271	171,729	172,648	171,351	171,883	176,842	183,287	192,771
revision due to software	-334	-337	-359	-344	-299	-293	-296	-300	-615	-789
Government gross fixed capital formation	20,261	19,959	19,805	21,634	21,406	20,587	20,104	20,014	22,463	24,740
revision due to software	1,052	1,123	1,246	1,336	1,370	1,433	1,506	1,570	1,995	2,411
Business investment in machinery & equipment	41,932	41,715	41,411	46,897	50,787	53,453	67,346	73,881	78,685	85,555
revision due to software	3,014	3,063	3,733	4,329	4,301	4,854	5,631	6,210	7,345	8,607
Income-side components of GDP, revised¹
Corporation profits before taxes	32,920	32,648	41,102	65,464	76,270	80,335	87,932	85,851	104,689	127,513
revision due to software	819	670	1,106	1,346	961	1,200	1,638	1,765	2,309	2,748
Government business enterprise profits before taxes	5,179	5,993	4,694	5,827	6,709	6,143	6,653	7,052	8,490	11,702
revision due to software	26	22	41	51	36	33	49	56	82	99
Net income of non-farm unincorporated business, including rent	37,022	39,406	42,068	44,931	46,363	49,278	54,663	57,643	60,629	63,237
revision due to software	0	8	21	23	26	30	20	44	56	64
Capital consumption allowances	85,906	89,573	94,035	99,631	105,021	110,818	116,574	122,303	127,723	134,315
revision due to software	2,887	3,149	3,452	3,901	4,349	4,731	5,134	5,615	6,279	7,318
Revisions to quarterly GDP growth (Fisher), annual averages
GDP growth, revised (%)	-0.1	0.2	0.7	1.3	0.4	0.6	1.1	1.0	1.2	0.9
Revision to GDP growth due to software (percentage points)²	0.00	0.00	0.02	0.01	-0.01	0.01	0.00	0.02	0.04	0.00

¹ Showing only components of GDP affected by software capitalization. For 1981-96, the revised component minus the revision due to software gives the previous estimate.

² Approximation based on effect on Final Domestic Demand for 1981-96 and, for 1997-2000, based on GDP including near final software estimates but no other source of revision.