ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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### US Economic Data Overview The table presents economic data from the United States, showcasing the values in billions of current dollars across four key years: 1998, 2008, 2018, and projected for 2028. #### Categories 1. **Gross Domestic Product (GDP)**: - 1998: Data not provided - 2008: $14,712.8 billion - 2018: $20,494.1 billion - 2028 (projected): $30,493.1 billion 2. **Personal Consumption Expenditures**: - 1998: $5,877.2 billion - 2008: $9,976.3 billion - 2018: $13,948.5 billion - 2028 (projected): Data not provided 3. **Gross Private Domestic Investment**: - 1998: $1,736.7 billion - 2008: Data not provided - 2018: $3,650.1 billion - 2028 (projected): $5,822.0 billion 4. **Government Expenditures**: - 1998: $1,611.6 billion - 2008: $2,982.0 billion - 2018: $3,520.8 billion - 2028 (projected): $4,741.3 billion 5. **Exports**: - 1998: $953.0 billion - 2008: $1,837.1 billion - 2018: Data not provided - 2028 (projected): $3,891.0 billion 6. **Imports**: - 1998: $1,115.7 billion - 2008: $2,560.1 billion - 2018: $3,156.7 billion - 2028 (projected): $4,711.5 billion This table provides a detailed quantitative view of the economic growth and forecasts in various sectors over a 30-year span, highlighting trends in national consumption, investment, government spending, and trade.
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Transcribed Image Text:### US Economic Data Overview The table presents economic data from the United States, showcasing the values in billions of current dollars across four key years: 1998, 2008, 2018, and projected for 2028. #### Categories 1. **Gross Domestic Product (GDP)**: - 1998: Data not provided - 2008: $14,712.8 billion - 2018: $20,494.1 billion - 2028 (projected): $30,493.1 billion 2. **Personal Consumption Expenditures**: - 1998: $5,877.2 billion - 2008: $9,976.3 billion - 2018: $13,948.5 billion - 2028 (projected): Data not provided 3. **Gross Private Domestic Investment**: - 1998: $1,736.7 billion - 2008: Data not provided - 2018: $3,650.1 billion - 2028 (projected): $5,822.0 billion 4. **Government Expenditures**: - 1998: $1,611.6 billion - 2008: $2,982.0 billion - 2018: $3,520.8 billion - 2028 (projected): $4,741.3 billion 5. **Exports**: - 1998: $953.0 billion - 2008: $1,837.1 billion - 2018: Data not provided - 2028 (projected): $3,891.0 billion 6. **Imports**: - 1998: $1,115.7 billion - 2008: $2,560.1 billion - 2018: $3,156.7 billion - 2028 (projected): $4,711.5 billion This table provides a detailed quantitative view of the economic growth and forecasts in various sectors over a 30-year span, highlighting trends in national consumption, investment, government spending, and trade.
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