Table gives the level of U.S. imports M and GDP (both seasonally adjusted in billions of dollars) from 1980 to 1999. (a) Regress M on GDP and test for autocorrelation at the 5% level of significance. (b) Correct for autocorrelation if it is found in part a.
Table Seasonally Adjusted U.S. Imports and GDP (Both in Billions of Dollars) from 1980 to 1999
|
Year
|
1980
|
1981
|
1982
|
1983
|
1984
|
1985
|
1986
|
1987
|
1988
|
1989
|
|
M
|
299.2
|
319.4
|
294.9
|
358.0
|
416.4
|
438.9
|
467.7
|
536.7
|
573.5
|
599.6
|
|
GDP
|
2918.8
|
3203.1
|
3315.6
|
3688.8
|
4033.5
|
4319.3
|
4537.5
|
4891.6
|
5258.3
|
5588.0
|
|
Year
|
1990
|
1991
|
1992
|
1993
|
1994
|
1995
|
1996
|
1997
|
1998
|
1999
|
|
M
|
649.2
|
639.0
|
687.1
|
744.9
|
859.6
|
909.3
|
992.8
|
1087.0
|
1147.3
|
1330.1
|
|
GDP
|
5847.3
|
6080.7
|
6469.8
|
6795.5
|
7217.7
|
7529.3
|
7981.4
|
8478.6
|
8974.9
|
9559.7
|
Source: St. Louis Federal Reserve (Bureau of Economic Analysis).