Table I.2 Revisions to gross domestic product, historical perspective
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| Reference period | Initial estimate | Revised estimate, first annual revision cycle | Revised estimate, second annual revision cycle | Revised estimate, third annual revision cycle | Revised estimate, fourth annual revision cycle | Revised estimate, historical revisions | Cumulative revisions |
|---|---|---|---|---|---|---|---|
| millions of current dollars | |||||||
| 1995 | 780,027 | 776,299 | 799,129 | 799,129 | 806,778 | 810,426 | 30,399 |
| 1996 | 797,789 | 828,997 | 833,921 | 833,070 | 839,064 | 836,864 | 39,075 |
| 1997 | 856,134 | 855,103 | 866,252 | 873,947 | 877,921 | 882,733 | 26,599 |
| 1998 | 888,390 | 895,704 | 901,805 | 915,865 | 914,973 | 914,973 | 26,583 |
| 1999 | 949,400 | 957,911 | 975,263 | 980,524 | 982,441 | ... | 33,041 |
| 2000 | 1,038,794 | 1,056,010 | 1,064,995 | 1,075,566 | 1,076,577 | ... | 37,783 |
| 2001 | 1,084,119 | 1,092,246 | 1,107,459 | 1,108,200 | 1,108,048 | ... | 23,929 |
| 2002 | 1,142,123 | 1,154,949 | 1,157,968 | 1,154,204 | 1,152,905 | ... | 10,782 |
| 2003 | 1,214,601 | 1,218,772 | 1,216,191 | 1,213,408 | 1,213,175 | ... | -1,426 |
| 2004 | 1,293,289 | 1,290,185 | 1,290,788 | 1,290,828 | 1,290,906 | ... | -2,383 |
| 2005 | 1,368,726 | 1,371,425 | 1,375,080 | 1,372,626 | 1,373,845 | ... | 5,119 |
| 2006 | 1,439,291 | 1,446,307 | 1,450,490 | 1,449,215 | ... | ... | 9,924 |
| 2007 | 1,531,427 | 1,535,646 | 1,532,944 | ... | ... | ... | 1,517 |
| 2008 | 1,602,474 | 1,600,081 | ... | ... | ... | ... | -2,393 |
| growth rate | |||||||
| 1996 | 2.8 | 3.7 | 4.4 | 3.3 | 4.0 | 3.3 | 0.5 |
| 1997 | 3.3 | 2.5 | 4.0 | 4.2 | 4.6 | 5.5 | 2.2 |
| 1998 | 3.9 | 3.4 | 3.2 | 4.3 | 4.2 | 3.7 | -0.2 |
| 1999 | 6.0 | 6.2 | 6.5 | 7.2 | 7.4 | … | 1.4 |
| 2000 | 8.4 | 8.3 | 8.6 | 9.5 | 9.6 | … | 1.2 |
| 2001 | 2.7 | 2.6 | 3.0 | 2.9 | 2.9 | … | 0.2 |
| 2002 | 4.6 | 4.3 | 4.5 | 4.2 | 4.0 | … | -0.6 |
| 2003 | 5.2 | 5.3 | 5.4 | 5.2 | 5.2 | … | 0.0 |
| 2004 | 6.1 | 6.1 | 6.4 | 6.4 | 6.4 | … | 0.3 |
| 2005 | 6.1 | 6.2 | 6.5 | 6.3 | 6.4 | … | 0.3 |
| 2006 | 4.9 | 5.2 | 5.7 | 5.5 | … | … | 0.6 |
| 2007 | 5.9 | 5.9 | 5.8 | … | … | … | -0.1 |
| 2008 | 4.4 | 4.4 | … | … | … | … | 0.0 |
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