| Quarter Period | Quarter Nominal | Quarter Real (deflated using CPI less shelter) |
|---|---|---|
| First Quarter 76 | 4.1 | -2.2 |
| Second Quarter 76 | 5.6 | -0.5 |
| Third Quarter 76 | 7.4 | 1.9 |
| Fourth Quarter 76 | 7.6 | 2.3 |
| First Quarter 77 | 9.0 | 2.9 |
| Second Quarter 77 | 9.9 | 2.8 |
| Third Quarter 77 | 11.5 | 4.7 |
| Fourth Quarter 77 | 13.2 | 6.6 |
| First Quarter 78 | 13.4 | 7.2 |
| Second Quarter 78 | 13.0 | 6.4 |
| Third Quarter 78 | 13.5 | 6.0 |
| Fourth Quarter 78 | 13.2 | 5.0 |
| First Quarter 79 | 14.9 | 5.5 |
| Second Quarter 79 | 14.0 | 3.9 |
| Third Quarter 79 | 13.2 | 2.2 |
| Fourth Quarter 79 | 12.1 | 0.8 |
| First Quarter 80 | 9.2 | -2.8 |
| Second Quarter 80 | 7.4 | -4.1 |
| Third Quarter 80 | 8.5 | -2.6 |
| Fourth Quarter 80 | 6.9 | -4.0 |
| First Quarter 81 | 5.9 | -4.4 |
| Second Quarter 81 | 6.7 | -2.9 |
| Third Quarter 81 | 4.7 | -4.4 |
| Fourth Quarter 81 | 4.4 | -4.1 |
| First Quarter 82 | 4.8 | -1.9 |
| Second Quarter 82 | 3.5 | -2.3 |
| Third Quarter 82 | 1.5 | -3.8 |
| Fourth Quarter 82 | 2.2 | -2.4 |
| First Quarter 83 | 2.7 | -1.2 |
| Second Quarter 83 | 3.4 | -0.7 |
| Third Quarter 83 | 4.7 | 1.2 |
| Fourth Quarter 83 | 4.3 | 0.8 |
| First Quarter 84 | 3.9 | -0.6 |
| Second Quarter 84 | 4.4 | 0.3 |
| Third Quarter 84 | 4.7 | 0.7 |
| Fourth Quarter 84 | 5.4 | 1.5 |
| First Quarter 85 | 5.3 | 2.1 |
| Second Quarter 85 | 5.4 | 2.1 |
| Third Quarter 85 | 6.3 | 3.4 |
| Fourth Quarter 85 | 6.7 | 3.7 |
| First Quarter 86 | 7.2 | 4.7 |
| Second Quarter 86 | 7.7 | 7.2 |
| Third Quarter 86 | 7.8 | 7.1 |
| Fourth Quarter 86 | 8.3 | 8.0 |
| First Quarter 87 | 8.5 | 7.0 |
| Second Quarter 87 | 8.2 | 4.4 |
| Third Quarter 87 | 7.9 | 3.6 |
| Fourth Quarter 87 | 6.9 | 2.3 |
| First Quarter 88 | 6.4 | 2.8 |
| Second Quarter 88 | 6.7 | 3.0 |
| Third Quarter 88 | 6.0 | 2.1 |
| Fourth Quarter 88 | 6.2 | 1.9 |
| First Quarter 89 | 5.7 | 0.8 |
| Second Quarter 89 | 4.9 | -0.6 |
| Third Quarter 89 | 6.1 | 1.3 |
| Fourth Quarter 89 | 6.0 | 1.4 |
| First Quarter 90 | 5.0 | -0.2 |
| 3.6 | -0.7 | |
| Third Quarter 90 | 1.6 | -3.6 |
| Fourth Quarter 90 | 0.2 | -6.0 |
| First Quarter 91 | 0.6 | -4.4 |
| Second Quarter 91 | 1.0 | -3.7 |
| Third Quarter 91 | 0.7 | -3.1 |
| Fourth Quarter 91 | 2.5 | -0.1 |
| First Quarter 92 | 2.4 | -0.2 |
| Second Quarter 92 | 1.8 | -1.1 |
| Third Quarter 92 | 2.8 | -0.2 |
| Fourth Quarter 92 | 1.9 | -1.2 |
| First Quarter 93 | 1.0 | -2.2 |
| Second Quarter 93 | 2.1 | -1.0 |
| Fourth Quarter 93 | 1.7 | -1.0 |
| Fourth Quarter 93 | 2.0 | -0.6 |
| First Quarter 94 | 2.7 | 0.3 |
| Second Quarter 94 | 2.1 | -0.1 |
| Third Quarter 94 | 1.8 | -0.9 |
| Fourth Quarter 94 | 0.8 | -1.6 |
| First Quarter 95 | 0.7 | -2.1 |
| Second Quarter 95 | 2.1 | -0.9 |
| Third Quarter 95 | 3.4 | 1.0 |
| Fourth Quarter 95 | 4.5 | 2.1 |
| First Quarter 96 | 5.4 | 2.8 |
| Second Quarter 96 | 3.7 | 1.0 |
| Third Quarter 96 | 2.5 | -0.3 |
| Fourth Quarter 96 | 2.6 | -0.7 |
| First Quarter 97 | 2.3 | -0.6 |
| Second Quarter 97 | 3.0 | 1.0 |
| Third Quarter 97 | 4.1 | 2.2 |
| Fourth Quarter 97 | 4.6 | 3.2 |
| First Quarter 98 | 5.2 | 4.4 |
| Second Quarter 98 | 5.2 | 4.3 |
| Third Quarter 98 | 5.1 | 4.2 |
| Fourth Quarter 98 | 5.0 | 4.2 |
| First Quarter 99 | 4.5 | 3.3 |
| Second Quarter 99 | 5.1 | 3.3 |
| Third Quarter 99 | 5.3 | 3.1 |
| Fourth Quarter 99 | 5.3 | 2.5 |
| First Quarter 00 | 6.3 | 2.9 |
| Second Quarter 00 | 6.7 | 3.2 |
| Third Quarter 00 | 7.1 | 3.4 |
| Fourth Quarter 00 | 7.6 | 4.1 |
| First Quarter 01 | 8.1 | 4.6 |
| Second Quarter 01 | 8.2 | 4.9 |
| Third Quarter 01 | 7.9 | 5.6 |
| Fourth Quarter 01 | 7.5 | 6.6 |
| First Quarter 02 | 6.6 | 6.7 |
| Second Quarter 02 | 6.7 | 6.5 |
| Third Quarter 02 | 7.2 | 6.5 |
| Fourth Quarter 02 | 7.6 | 5.7 |
| First Quarter 03 | 7.2 | 4.2 |
| Second Quarter 03 | 6.5 | 4.4 |
| Third Quarter 03 | 6.0 | 3.8 |
| Fourth Quarter 03 | 8.2 | 6.4 |
| First Quarter 04 | 8.3 | 6.6 |
| Second Quarter 04 | 9.4 | 6.3 |